Archive for December, 2010
Friday, December 31st, 2010
Residential property prices in some parts of India are close to the peak levels of 2008 but could fall by 10 to 15% in some areas in 2011 as buyers refuse to pay higher prices, according to analysts.
The latest analysis from property consultants Jones Lang LaSalle shows that since the height of the real estate market in 2008 prices have fallen by 25 to 30% in areas such as Delhi and Mumbai. But now they have shot up again and reached similar levels.
According to JLL India Chairman Anuj Puri there is not much slack in the market and rising prices in 2011 could affect demand. ‘Affordable housing will continue to do very well in the coming year,’ he said. He added that demand for mid-segment residential units in Mumbai is far greater than available so some prices increases in this sector are expected in 2011.
‘The residential transactions have been falling continuously, but I don’t think prices would drop drastically. It would fall by a mere 10 to 15% at the most, but more importantly, prices would stabilise now and capital value hikes wouldn’t be so rampant anymore,’ said Ambar Maheshwari, director of real estate advisory services firm DTZ.
Read More India real estate fall
Tags: mid-segment residential units in Mumbai, Property prices expected to fall in 2011, real estate market, Real estate market trend, Residential property prices, residential units in Mumbai
Posted in News | No Comments »
Thursday, December 30th, 2010
Real-estate prices are high all across the country. Flats are getting sold at exorbitant prices not just in Mumbai but in every market. Real-estate stocks should do well, right? How come the high real-estate prices are not getting reflected in the prices of real-estate stocks? In fact, in the third week of November, they crashed. Some stocks are still down 80% from their highs three years ago. Which set of prices is giving you the real picture? Real-estate prices or stock prices of real-estate companies
However, this precipitous fall is not just a recent trend. Ever since the market peaked in January 2008, realty stocks have been on a relentless downward spiral. PVP Ventures and Prajay Engineers Syndicate (down 95% each) have suffered the most. They are followed by Lok Housing & Constructions (down 89%), Unitech (down 88%) and Arihant Foundations & Housing (down 84%).
Read More moneylife.in
Tags: high real-estate price, Mumbai Real estate, Property Mumbai, Property price, Property prices in Mumbai, Real estate trend, Real-estate prices
Posted in News | No Comments »
Thursday, December 30th, 2010
Mumbai would welcome Donald Trump, the business tycoon from United States for his latest venture in Mumbai, ‘Trump Towers’, a proposed multi-storey residential building on Hughes Road. At 65 storeys, it will be amongst the tallest buildings in Mumbai and costliest buildings with price range starting Rs 40 crore onwards.
I think India has amazing long-term potential. The country is going to be one of the greatest places in the world to buy real estate,” says the real estate magnate in an exclusive interview in GQ India’s forthcoming issue. Donald Trump has recently built Trump World Tower which is a 92-storey building in New York.
Source: dnaindia.com
Tags: Hughes road mumbai, Mumbai Real estate, Real estate costliest buildings, Trump Towers
Posted in News | No Comments »
Tuesday, December 28th, 2010
Registrations for home sales, leases and property transfers fell 15 percent this quarter from the three months ended Sept. 30. Real estate companies face rising borrowing costs and shrinking access to credit after a corruption probe into loans to some developers.
According to IIFL Ltd, Mumbai developers may cut record- high home prices to revive flagging sales after banks curbed credit to the sector. Property prices in Mumbai have climbed between 15 percent and 25 percent since April to all-time high levels. The increase in home prices affected affordability and in turn sales volumes in a quarter that’s seasonally the strongest for real estate sales because of the holiday season, it said.
Registration data is a lagging indicator of demand as properties are registered two to three months after the actual purchase. Mumbai developers may cut record- high home prices after banks curbed credit to the sector.
Source: www.bloomberg.com
Tags: increase in home prices, Mumbai developers, Mumbai developers may cut property price, Mumbai developers may cut record- high home prices, Mumbai Real estate, Property Mumbai, Property prices in Mumbai, Registrations for home sales
Posted in News | No Comments »
Wednesday, December 22nd, 2010
Vasant Oasis is developed on 18 Acres of land having 2, 2.5 and 3 BHK apartments sizes 1135 sq ft – 1585 sq ft with all modern amenities. It is Located in heart of Business hub of Suburbs, a few minutes drive to airport, western & eastern expressway. Vasant Oasis is much awaited project of Sheth Developers. Sheth Vasant Oasis is spacious well appointed apartments, whispering west winds over the city panorama. Vasant Oasis offers a superb opportunity for investment as well.Sheth Vasant Oasis is Located at Borosil Plot,Off Andheri Kurla Road, Marol Andheri East Mumbai.
Sheth Developers aims to specialize in technically complex, new-age infrastructure projects in a big way, with a foray into infrastructure development through Public Private Partnership (PPP) format. Sheth Infrastructure Pvt. Ltd. (SIPL) a 100 percent subsidiary of the internationally reputed Sheth Developers Pvt Ltd. (SDPL), believes that a country’s progress is fundamentally intertwined with the quality of its infrastructure.
Amenities at Vasant Oasis
- 5 Acre Landscape
- Garden
- Swimming Pool
- Play Area
- Tennis Court
- Badminton Court
- Hi-tech Gymnasium
- Yoga and Meditation Room
- Jogging Tracks
- Lush Green Open Spaces
- Sit Out Areas
- Jacuzzi for Men and Women
Vasant Oasis Layout Plan
Vasant Oasis Price
| Type |
Size
(in sq ft) |
Amount
@ Rs 9700/Sqft |
|
2BHK |
1135 sq ft |
Rs 1,10,09,500 |
|
2BHK |
1145 sq ft |
Rs 1,11,06,500 |
|
2BHK |
1185 sq ft |
Rs 1,14,94,500 |
|
2.5BHK |
1340 sq ft |
Rs 1,29,98,000 |
|
2.5BHK |
1410 sq.ft |
Rs 1,36,77,000 |
|
3 BHK |
1585 sq ft |
Rs 1,53,74,500 |
|
3 BHK |
1655 sq ft |
Rs 1,60,53,500 |
|
3 BHK |
1700 sq ft |
Rs 1,64,90,000 |
Tags: Apartments in Mumbai, Borosil Plot Mumbai, Mumbai Real estate, Property Andheri East Mumbai, Property Mumbai, Sheth Developers, Sheth Vasant Oasis, Vasant Oasis, Vasant Oasis Marol Andheri
Posted in New Projects | No Comments »
Friday, December 17th, 2010
Nirmal Lifestyle Riverside Kalyan is one of the finest townships in the country. Nirmal Lifestyle city will bring world-class infrastructure and facilities within reach. Lifestyle city will vary from 100 to 1000 acres that would house most prudent facilities with superior infrastructure in the country. Lifestyle City will inspire & expose universal living & global lifestyles through its assortment of innovative initiatives to redefine living. Nirmal Lifestyle City is exposed to Kalyan to contribute its developmental excellence to the region and create a pull for people from within Mumbai and allied region to shift and start living in globally benchmarked planned city.
Nirmal Lifestyle,a leading property developer is identified as the front ranking property development companies in Mumbai. The group is a name to reckon with the real estate markets in Mumbai. While building and construction has been the core activity for the company, quality and innovation has by far been the soul for all its projects. Having built more than 50 lac sq. ft. residential and commercial complexes, the group is a name to reckon with the real estate markets in Mumbai.
Nirmal Lifestyle Riverside Kalyan offers 2 & 3 BHK flat in Kalyan. The project is located next to Ajanta Paper Mill, Village Vadavli, Near Shahad, Kalyan West, Mumbai.
Features
- One of the first water front development plan in western India
- Eco-friendly township
- More than 150 acres of development
- Olympic standard sports facilities
- S.E.H. (Space Efficient Homes)
- Lifestyle city buses to important destinations
Amenities at Nirmal Lifestyle Riverside Kalyan
- 100% Power back-up – 24 hours electricity
- World class school & pre-school
- Wellness centre, yoga meditation, dance & music
- Swimming pool & kid’s pool
- Every flat is with a sundeck
- Olympic standard sports facilities
- Six Packs – The Exclusive Club House with jacuzzi, steam, sauna & indoor games
- Landscape garden
- water front development plan
- Intercom facility from ground floor lobby to each flat
- 24 hours security guards.
Location
Layout-Plan
Tags: Apartments in Mumbai, Lifestyle city Kalyan, Mumbai, Mumbai Real estate, Nirmal Lifestyle, Nirmal Lifestyle city, Nirmal Lifestyle Mumbai, Nirmal Lifestyle Riverside, Nirmal Lifestyle Riverside Kalyan, Property Mumbai, Riverside Kalyan Mumbai
Posted in New Projects | No Comments »
Friday, December 17th, 2010
Kalpataru Hills is one of the popular Residential Developments in Thane Mumbai. Kalpataru Hills offers 1, 2 and 3 Bedrooms Apartments with complex of multi-storeyed towers. Kalpataru Hills provides many amenities such as Luxurious clubhouse, Swimming pools and many more. Kalpataru Hills gives stunning view of Yeoor hills, beautiful landscape with spacious Houses and ample car parking.
Kalpataru Hills Thane is project brought to you by Kalpataru Group Pvt Ltd (Kalpa-taru). Kalpataru Group is a leader in the real estate and property development industry, with wide range of projects including residential, commercial, retail, townships, hospitality, tourist convention centre and SEZ. The company proudly completed various successful projects including residential properties, commercials, religious establishments and many educational projects.
Amenities at Kalpataru Hills
- Luxurious Clubhouse with well equipped gymnasium
- Swimming pool & toddler’s pool
- Jogging track and yoga room
- Landscaped gardens and children’s play area
- Stunning view of Yeoor hills
- Power back-up for elevator and key utility areas
- Secured kitchen equipped with CNG, LPG & heat / smoke detector
- Modren security & fire fighting systems
- 24Hr Backup
- Rain Water Harvesting
- Video door phone with intercom system & CCTV
- Public address system
Kalpataru Hills-Plans
Price of Kalpataru Hills @ Rs5652/sqft
| Type |
Size
(in sq ft) |
Amount |
| 1BR |
754 sq ft |
Rs 42,61,608 |
| 1BR |
756 sq ft |
Rs 42,72,912 |
| 2BR |
1107 sq ft |
Rs 62,56,764 |
| 2BR |
1224 sq ft |
Rs 69,18,048 |
| 3BR |
1684 sq ft |
Rs 99,42,336 |
Tags: Apartments in Mumbai, Kalpataru Group, Kalpataru Group Pvt Ltd, Kalpataru Hills, Kalpataru Hills Mumbai, Kalpataru Hills near Yeoor Hills, Kalpataru Hills Thane, Kalpataru-Kalpataru Hills Thane, Mumbai Real estate, Mumbai Thane Projects, New Projects in Mumbai, Property Mumbai, Yeoor Hills Thane
Posted in New Projects | No Comments »
