Greater Noida today has emerged as an alternative housing destination for the ones that cannot afford the high pricing of property in Delhi, Noida and Gurgaon. Property in Greater Noida, although not extremely affordable is considerably less compared to property prices anywhere in the region. This part of NCR has been known to support the ever increasing population in the National Capital Region.

As the plans for an airport and metro connectivity in Greater Noida is on the charts, real estate industry is more than welcoming this very important investment opportunity. Many builders have already acquired for land for bigger projects like multistorey apartments in Greater Noida in the considering it shows the most growth potential in the region, compared to any other region right now. Top builders in the region has started many new projects here.

According to recent media reports, Ashiyana Homes has launched two mega housing projects. Rohit Raj Modi, director, Ashiyana Homes group said that “The Company has launched Ashiyana Arcade in Sector Gamma-2 next to the Greater Noida Industrial Development Authority (GNIDA). Ashiyana Arcade boasts of 160 apartments with club houses; 24-hrs power backup, gym and parking facilities. Price of a three-bedroom apartment (area 1,595 sq ft) costs Rs 45 lakhs. While a two-bedroom flat (area 1,100 sq ft) is available at a price of Rs 30 lakhs. Ashiyana Homes has already handed over 176 constructed flats to the Oil India Ltd in Omega-1.”
Similarly Eldeco Infrastructure has launched 3 more housing projects in the region. “These projects are Rivera, Castle and Amazona. In Rivera, 300 flats will be available in Sector Pie. A two-bedroom flat replete with a study room, kitchen (area 1,420 sq ft) will be available for Rs 42.60 lakh. While a three-bedroom flat with a study room and kitchen, would cost Rs 52.44 lakh (area of 1,840 sq ft). The project is likely to be completed by 2008.” Said SK Jaggi Head Marketing of Eldeco Group.

Projects like these have not only ignited the market with many opportunities but these all-encompassing projects will be the most futuristic projects in the region. “The Act mandates planning, development, operations and maintenance and regulatory functions to a single agency GNIDA. Attracting investment in the city is also the responsibility of authority which again seems to have done a good job as the queue of national, multinational companies and the builders is becoming longer with their investment plans.” says chairman cum CEO, Rakesh Bahadur, GNIDA. Today property in Greater Noida are much in demand by the investor community. However the absorption rate is much lower here, things are all said to improve by the end of 2014.

Today if you look at the average price for apartments in Greater Noida, they are nothing less than INR 3500 to 4500 per sq. ft. Sectors like Jaypee Greens and Knwoledge Park have shown very high pricing here. There are average price is somewhere around, INR 5800 per sq. ft.

Author Bio:

Sulabha is a real estate expert and consultant from NCR. She deals with analyzing trends in the market of individual house for sale in chennai and commercial properties in Greater Noida

The Tumkur Road is an upcoming micro market in Bangalore. It is located in the north western part of the city. It connects areas such as Peenya, Yeshwwantpuram and Nelamangala which are located in the northern part of Bangalore. This stretch is well connected to most parts of Bangalore. There are a few infrastructural projects which are coming up along this stretch which are sure to give the real estate in this area a good boost. Because of these reasons properties such as flats in Tumkur Road are becoming popular among property seekers.

The areas which surround the Tumkur Road are industrial areas. So primarily those who lived in this stretch where from the lower income groups who were employed in the factories in these areas. But now with these areas becoming more developed and the improvements in connectivity, the profile of those who are looking for properties such as plots in Tumkur Road has changed.

Properties in Tumkur Road

There are several projects which have improved the quality of living in this area and there are several more in the pipeline which further enhance the real estate rates here. The Outer Ring Road has made a great impact on this area as it provides great connectivity to the rest of the city. There is also the Tumkur Elevated Expressway which has enhanced connectivity. The Elevated Expressway has made it very easy to reach the Kempegowda International Airport located in Devanahalli. The Namma Metro will also have an impact on the connectivity in this area. The Green Line of the Namma Metro from Hesaraghatta Cross to Puttenahalli Terminal has been of great help to this area. Areas such as Yeshwantpura, Peenya and Jalahalli which surround the Tumkur Road stretch are covered by this line. Property rates generally climb up by 20 to 30 % gradually when an area gets metro connectivity and this is true of plots in Tumkur Road as well.

Another project which is in the pipeline which will help this area grow in terms of both residential and commercial real estate is the Mumbai Bangalore Industrial Corridor. This corridor is expected to connect Mumbai and Bangalore and will go through the Tumkur Road. This project will give the real estate of the area a real big boost as this corridor will be a good employment generator.

The going rate for flats in Tumkur Road stands at INR 5800 per square feet on average. This is a price appreciation of about 15% from the previous quarter where the prices stood at INR 5000 per square feet on average. The going rate has been constantly appreciating in this micro market over the last for quarters. In the third quarter of the previous year the going rate for properties here stood at INR 4700 per square feet which was an appreciation of about 3% when compared to the previous quarter. Prices remained stable in the last quarter and in the first quarter of the year 2014 the prices rose by 6% and stood at INR 5000 per square feet.

About Author

Nandini Gowda is a freelance writer and  blogger, following the Houses for sale in Bangalore and real estate sector closely for many years. Her areas of expertise are plots for sale in bangalore,finance and real estate sector in India.

Strategically located between Hosur and Sarjapur Road, HSR Layout is an active residential catchment area that is brimming with many construction activities. Being one of the largest neighbourhoods of Bangalore City, the vicinity is divided into seven sectors. Its close proximity to established localities like Jayanagar and Koramangala is another factor that is flourishing the realty sector here. In HSR Layout residential property ranges from being affordable to mid-segmented to even ultra luxurious.

Being a self sufficient micro market the area enjoys an established physical infrastructure. The neighbourhood is fast becoming an ideal destination for many potential home buyers. The presence of many reputed educational institutions and healthcare facilities are attracting many families and retired personnels. The developing commercial belt and other facilities like parks, jogging tracks and eatery joints are also wooing the urban crowd to invest here. Another element that is roping in a lot of investment here is the fact that the locality is comparatively cheaper than its neighbouring areas like Koramangala. For instance in HSR Layout residential property stands at an average of Rs 4,900 per square feet while properties in Koramangala records an average of Rs 8,900 per square feet.

Apart from properties being economical here, great connectivity and proximity to neighbouring IT hubs are other elements that are flourishing the realty market. Arterial roads like Hospalya Main Road, Haranur Road, National Highway 7 (Hosur Road) and Sarjapur Main road help ease intra connectivity. The area’s proximity to the ORR (Outer Ring Road) through National Highway 7 has also captivated many working professionals mind.

In HSR Layout plots for sale are being purchased in large parcels by many builders so they could construct many residential projects. The vicinity is fast becoming a hotspot for many multistorey buildings that caters and attracts the floating IT population. With the housing demand increasing day by day, capital values for plots in appreciating too. In a span of one year, capital values of commercial plots have shot up and the current ongoing rates for commercial properties that spread over 3,000 square feet are estimated to cost an average of Rs 16,000 per square feet.

While the locality attracts a chunk of white collared professionals, it doesn’t come as a surprise to see the vicinity grow into a rental hub. There seems to be an inherit demand for 2 and 3 BHK homes that spread over 1,000 square feet for rent. In the past one year, the rental yield has appreciated over 18% making the place a haven for many investors and second time home buyers. As per the current market trends a flat for rent here is capable of generating a rental of Rs 20 per square feet per month.

Although civic amenities that were earlier neglected, today they are well being taken care off. A number of flood drains and storm water drains are being built to cater to the flooding problem. So if you looking towards investing in property, HSR Layout plots for sale are a safe bet for you.

Mysuru officially name of Mysore is one of the most popular tourist destinations in South India. This popular tourist destination is today growing to be an excellent realty destination in Karnataka. IT companies are flocking Mysore today. Top companies like Accenture, IBM, Cognizant, Infosys and many more have campuses here. This is one of the reasons why residential real estate in Mysore has picked up in the past decade. Apart from Bangalore, Mysore is one of the fastest growing cities in the state of Karnataka.

IT Companies today are moving to Tier II cities for reasons of space and better campuses. The cities are getting crowded and the traffic in Bangalore has been a major concern for many of its residents. With growing demand for IT/ ITes activities services in India has increased which has improved the economy in many metros and Tier II cities. With excellent infrastructure and connectivity in the state of Karnataka has also helped the real estate sector immensely. Today Mysore real estate has grown immensely taking many such factors into consideration. Infrastructure projects like the upgradation of the airport, improving the Bangalore Mysore Railway Track along with the new Outer Ring Road is all adding to the potential of Mysore real estate. The most important of all the projects in the Bangalore Mysore Infrastructure Corridor (BMIC) which includes construction of an expressway which will reduce the travel time between Bangalore and Mysore. You can travel to Mysore from Bangalore today is reduced to 90 min.

Land prices in Mysore have shot up significantly, The asking rate for land in Mysore city in the new ORR area is in the range of Rs 1,200-3,000 per sq ft (Rs 5.2 crore-13 crore per acre approximately) for converted land. In the outskirts (beyond ORR), it is in the range of Rs 70 lakhs-2 crore per acre. In comparison, a year ago, the rates were approximately half the present price range – within the city, prices varied between Rs 600-1,500 per sq ft (approximately Rs 2.6 crore-6.5 crore per acre) and in the outskirts between Rs 25 lakh-1 crore per acre. The BMIC is likely to further fuel growth in this market says Anurag Mathur, deputy managing director, India, Cushman & Wakefield.

“Mysore is seeing its first cycle of real estate which usually starts with residential, gets along retail, hotels and then commercial spaces,” says Srinivas Anikipatti, regional director, Colliers International. Today with the flourishing real estate and increasing prices have increased the price of apartments for sale in Mysore. The city offers different kinds of housing options for different price brackets. Notable builders like Brigade Group, Sankalp, Mittal, Premier Properties, Puravankara Projects, Sobha Developers all have projects in Mysore.

There are many mid segment and high end residential real estate projects in the city and the rental values have also improved in the city. Although the market is in a nascent stage, things are slowly picking up. Some popular localities in the city includes Jayalakshmi Puram, V V Mohalla, Gokulam, Yadavgiri and Lalith Mahal Road. Other upcoming localities include JP Nagar, Chamundi Hills, Siddhartha layout, Rajiv Nagar and Vijay Nagar. Apartments for sale in Mysore are a popular investment option for many residents there.

Emerging from being a mere census town in the Tijara Tehsil of Alwat District in Rajasthan, Bhiwadi today is cited to be one of the most promising markets for the middle class home buyers. Located close to the Rajasthan and Haryana border, Bhiwadi comes under the NCR (National Capital Region). Apart from being a piligrimage place, the town has developed into city that is home to many small and medium scale industries.

Evolving as a rapidly growing investment destination, Bhiwadi offers property seekers a metro setting lifestyle within the comforts of a sleepy town. Attracting the working professionals from neighbouring cities like Gurgaon, both local and national real estate developers are purchasing plots in Bhiwadi in large parcels to create extraordinary living spaces.

One of the major factors that are contributing towards the sudden influx of housing demand are its connectivity and affordability. Being strategically positioned close to National Highway 8, Bhiwadi enjoys great networking. While the town is around 70 km from the CBD (Central Business District) of Delhi and 40 km from Gurgaon – localites of this city enjoy great connectivity. Cited to be a gateway of Rajasthan, all the major arterial connectors pass through Bhiwadi easing connectivity to towns like Manesar, Dharuhera and Alwar. A number of small scale industries have mushroomed along this stretch. And with the DMIC (Delhi-Mumbai Industrial) Corridor passing through this stretch- capital values of properties here are expected to escalate further. Catering to the inherit demand of 2 BHK flats in Bhiwadi, a number of multistorey buildings have mushroomed along this stretch.

The towns proximity to all the NCR regions have bought the town on the realty map. Despite being an industrial hub- the town is rapidly being transformed into a residential catchment area. Offering quality living at modest budgets, potential home buyers across the NCR regions are now being drawn into investing here. The increasing housing demand coupled with lower prices for properties in Bhiwadi have attracted many reputed builders to launch their residential projects here. Meeting the cosmopolitan crowds demand- builders are leaving no stone unturned to provide state of the art amenities. 24×7 power backup supply, swimming pools, clubhouses and round the clock security are some of the common facilities that real estate developers offer here.

Alwar Bypass Road, Sector 93 and Tapukara are a few areas that are currently bustling with a number of construction activities. Builders are targeting the affluent and are creating lavish abodes. On an average capital values of Bhiwadi and Delhi NCR  flats in Greater Noida especially in these localities have seen an appreciation of 11.37% in the past one year. The current ongoing prices for apartments here are estimated to fall under the price bracket of Rs 2,400 and 2,700 per square feet.

With the city developing at a rapid speed, and with growth being seen in both the residential and industrial sector, properties in Bhiwadi are creating a scope for high ROI (Return on Investment).

The Noida Expressway is a six lane highway which connects Noida and Greater Noida. It is one of the initial expressways which came up in the Delhi NCR region. The expressway measures a length of 24.53 km and was built at the cost of INR 400 crores to ease the traffic snarl experienced on the National Highway 2. Since it is an important connector there has been a lot of real estate development in this area.  There are many commercial and residential real estate developments along this stretch.

Properties in Noida Expressway are preferred by those who are working out of Noida but are unable to afford to live there. The prices for properties here are much lower when compared to those in areas such as Noida or even Gurgaon. The Noida Expressway stretch is divided into sectors. The highly preferred areas here are the sectors which are closer to Noida.
The connectivity offered by the Noida Expressway is considered to be one of the primary reasons for the growth of real estate in this region. It provides great connectivity to Delhi, Greater Noida and Noida. It is especially well connected to south Delhi through the Delhi Noida Delhi (DND) flyover. This hassle free connectivity is the main reason why apartment for sale in Noida Expressway is in demand.

To further enhance connectivity between Noida and Greater Noida, a metro link between these two areas has been approved of by the central government. This link will have 22 stations and will begin from Noida City Center and end at Knowledge Park-IV in Greater Noida. This stretch is expected to serve over 65000 passengers. This metro link will pass through the sectors in Noida Expressway and this will in turn lead to further appreciation of property rates here. Properties in Noida Expressway which fall within the two kms radius from metro stations will see a gradual appreciation of rates anywhere between 25 to 30%. Metro connectivity enhances the real estate prices wherever it is available. Many commercial establishments will also thrive when metro connectivity comes into the picture. Those living along this stretch hope that this project comes into play as soon as possible as there is a lack of public transportation in this area. Most people living here depend on their own transportation to move around. This link is expected to become operational by 2017 according to recent reports.

The area is considered to be affordable as one can easily purchase apartment for sale in Noida within a budget of INR 50 lakhs. The going rate for properties in Noida Expressway falls anywhere between INR 4200 to INR 5000. There is scope for major development here which has been tapped in by big developers such as the Jaypee Group. This group’s Wish Town project covers five sectors in Noida Expressway. This area has everything for every budget range be it affordable or luxury. This market is good for both end use and investment and prices here will only go up in the future.

Noida is one of the emerging markets in the national capital region. There are many areas like Greater Noida, Noida Extension and Yamuna Expressway gaining great prominence in the real estate sector. Both builders and home buyers have shown a growing demand to invest here. One such emerging property pockets in the Noida region is property in Sector 70 Noida. If you see the market trend, you will notice that this region has only shown a good progression from the year 2009. The growth in the demand for properties in the overall Noida has also had a huge impact in the price of property in Sector 70 Noida.

Reviews by residents of this region has shown that this is considered as one of the safe and well connected localities in Noida with good social amenities in place for the residents. Apart from good physical infrastructure the area has a lot more to offer its residents. Good planned layout, well laid road and great metro and road connectivity to parts of Gurgaon and Delhi has made this an interesting investment choice for many residents. Because of the ever growing industrial and service sector, there has been a steady demand for flats in Sector 70 Noida.

Prices indicate a steady growth of property prices in the region. Flats in Noida which were around INR 2500 to 2700 per square feet in October December 2009 has grown to INR 5200 to 5500 per square feet in April June 2014. This is a slow yet steady rise is property prices. This healthy growth rate has shown a good demand generated by the end users as well shown builders. The impact of steady growth has made this locality one of the most prominent developing localities in the Noida, national capital region.

Author Bio:

Sulabha Kulkarni is a freelance writer and an avid blogger, following the apartments in chennai and real estate sector closely for many years. Her areas of expertise are finance and real estate sector in India

Yamuna Express is one of the few areas in Greater Noida that has availability of large parcels of land. Plots in Yamuna Expressway are said to be a great investment option for commercial and retail investment. This acts like a driver for residential real estate investment. This Expressway is 165 km long stretching from Noida to Greater Noida and finally till Agra.  Both Noida and Greater Noida are well developed localities. Yamuna Expressway has further improved connectivity of these localities. Since it connects these prominent localities in Delhi NCR it is said to create development in the Yamuna Expressway belt.

The area and its availability of land have lead to development of large integrated townships and gated community apartments in Yamuna Expressway.  Commercial activity is also mostly been around large industries and warehousing hubs in the region. NCR has always been an area where there is a lot of real estate and industrial activity and plots in Yamuna Expressway have opened up new avenues of investment in the National Capital Region. However this area is not on par with other areas are Noida and Greater Noida in terms of infrastructural development. The only development in terms of infra here is the Yamuna Expressway. The rest of the core infrastructure development like the metro rail and peripheral roads are also important for an area to grow as a good residential location. Yamuna Expressway however needs a little more planning and a few more years to see if the locality blossoms into a commercial hub or a good mix of residential real estate, retail and commercial activity.

One of the key advantages of this expressway is that it provides good connectivity to prominent areas in Delhi like Noida, and Greater Noida. These areas are seeing a lot of realty activity and are in great demand in the recent past. Since Noida and Greater Noida are seeing such fast paced development it is sure to precipitate to other regions along the Yamuna Expressway too. This is also one of the areas which provide low price point in the National Capital Region. This low pricing has definitely encouraged investors to acquire land for apartments in Yamuna Expressway. This healthy round of investments will show greater benefits in the near future. Now the market around the region might seem dull but sooner or later the market will pick up. Realty experts predict 4 years of gestation before your investments reap any benefit.

This has been evident in the price trend observed in the Yamuna Expressway belt. Prices of apartments here have been largely stagnant from the time the expressway became operational. Affordable housing projects are the buzz word and are many to choose from at this point. Affordable housing options have been limited in the NCR so this is said to pick and garner demand with potential home buyers who are looking to invest in cheaper homes in the National Capital Region. Even price for plots have been stable for the past one year, however relatively high.  Plots are supposed to garner the most interest in the next few years.

Gachibowli in Hyderabad is listed as the next popular IT/ITES destination of the city after Hi-tech city. Major IT campus developments can be seen in Gachibowli real estate. Gachibowli area also observe demand from occupiers who decided for SEZ areas. The IT improvements in Gachibowli have drawn various nationwide and local designers to create their personal tasks in this submarket. Currently personal prices are on development of this submarket and there are new tasks being suggested at places nearer to Gachibowli such as Gopanpally, Tellapur and Nallagandla. Retail store in Gachibowli is currently limited to high roads particularly on Old Mumbai Street. There are no shopping centers currently functional in Gachibowli real estate. Suppliers such as Dependency, Ratnadeep, Cafe Coffee Day, Train, Pizzas Area etc. have started out their shops on the Old Mumbai Street. However the Inorbit Shopping center at Hitec Town is at a range of 6 km from the submarket. Lanco’s Super Shopping center within the Lanco Mountains SEZ is released and it is predicted to complete in next three decades.
Gachibowli is well-connected by road as the Old Mumbai Street goes through this submarket. However, the trains and buses to Gachibowli is not sufficient. The Rajiv Gandhi Worldwide International airport is well linked with Gachibowli by the Nehru External Band Street. It also homes many schools such as ISB and School and apartments in Hyderabad. It has two resorts Hyatt and Regenta One. Navigator Medical center is building a 700-bed super-specialty hospital in Gachibowli real estate which is predicted to be the biggest medical care service in the town when functional.
According to reviews, accessibility to area for property and facilities improvements, enhanced connection along with relatively affordable costs of property than Hitec Town submarket is predicted to improve the investment potential of Gachibowli in in the future.

Traditional steep Thai roof styles have been integrated successfully from Phuket Villas to recent Phuket Apartment for Sale. Whatever is the site, proof of ownership has to be submitted either building permits or document showing previous sale-purchase. According to Civil law, even foreign nationals (aliens) may own a building and register such transfer of ownership into their names at the local district office.

In the early 90’s, the steep Thai ‘temple style’ roof became popular in Phuket Houses for sale.  It certainly made a lot of sense allowing Phuket to be marketed as unmistakably Thai in contrast to Bali homes.  

The villa market has now matured and developed to a point where buyers even allow architects to experiment with other less recognisable Asian roof designs as well as modernist concepts or blends of the two. Infact, the transition of Image

with its maritime climate of unstable and wet weather has eventually separated villa style.  

Be it a family who desire to have a practical integrated family living space, a western roof design or shallower Asian style is often the preferred choice.  Foreigners who adapt to such longer term residential usage in Phuket want reasonable storage space for closets and cupboards etc in rooms. 

However, one additional hindrance is that in west coast, paradoxical sea and beach view is difficult because the land is quite steep. Therefore, in multi home developments, the Thai roofs create problems for view lines from villas at the rear. This eventually put pressure to the Phuket land on this style and caused a rethink to shallower roofs and even flat roofs.

There are many Western developers who have already moved on to a blended Asian roof style.  They can either choose different roof tiles or shingles or have certain gable end or apex features to differentiate their designs.

To summarize, Phuket market has grown sufficiently in scale and matured now to be many different styles even if this isn’t exactly any one particular Thai design.

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