Tag Archives: gurgaon property

DLF Capital Greens gets A+ Rating

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Track2Realty Investment Magnet Report 2015 picks up 100 best housing projects across India.

DLF Capital Greens, DLF Ltd, New Delhi Property, Gurgaon Property, India's leading real estate company, India real estate news, Indian property market, NRI investment, Track2Realty Location: Moti Nagar, Delhi

Project type: 2, 3 & 4 BHK Apartments

Price: Rs. 1.4 Crore-5 Crore

Project execution lifecycle: May 2009-December 2016

With fresh supply of quality housing in India’s capital city Delhi being few and far between, a project that is centrally located with easy connectivity to all parts of Delhi-NCR would definitely be the top pick of the investors.

DLF Capital Greens hence holds as much aspiration in the primary market as in the resale market. Though the project has weathered many controversies, it is still among the top picks in and around the Delhi-NCR property market.

It is a sprawling residential development right in the centre of New Delhi at Shivaji Marg, Moti Nagar. The three-phase development of the project is surrounded by over 100 acres of plush greens and the project offers world of luxuries.

Designed by architect Hafeez Contractor, DLF Capital Greens offers spacious and skillfully designed 2BHK, 3BHK and 4BHK apartments. The project is well equipped with all modern amenities and 24X7 security service.

In terms of connectivity, the project is well connected by road and metro with Delhi’s largest proposed office complex in the vicinity. It is at a walking distance to high-end commercial centre and offices. New Delhi Railway Station is 9 kms away, Shadipur Metro Station is at 0.6 kms, Deen Dayal College at 0.26 kms, Gangaram Hospital at 3.5 kms, Connaught Place at 6.5 kms and Indira Gandhi Airport 21 kms.

Track2Realty Rating: A+

Location & Aspiration: 10/10

Physical Infrastructure: 8/10

Social Infrastructure: 8/10

Appreciation Potential: 8/10

Competitive Advantage: 9/10

Rental Potential: 7/10

Launch2Sales Ratio: 8/10

Construction Quality/Timelines: 8/10

Livability Index: 9/10

ROI Cycle: 7/10

Can Indian cities replicate Las Vegas-III

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Track2Realty, Track2Media, Orris Business Park, Gurgaon Property, India Real Estate, India real estate news, Indian realty news, Property new, Home, Policy Advocacy, Activism, Mall, Retail, Office space, SEZ, IT/ITeS, Residential, Commercial, Hospitality, Project, Location, Regulation, FDI, Taxation, Investment, Banking, Property Management, Ravi Sinha, Track2Media, Track2RealtyTrack2Realty Exclusive: Some developers assert the redevelopment can add value in ways more than one and depends on the location and area of redevelopment. Diipesh Bhagtani Executive Director Jaycee Homes says in a particular location where the flats are already huge, a developer cannot offer a still larger space but can offer luxury.

Also there has to be a demand for luxury apartments in that location.  After identifying and analysing the criteria, a developer then decides as to what kind of a project one will execute.

“Redevelopment of projects has gained a lot of momentum in India in the last decade or so. Many leading developers have joined the redevelopment bandwagon. These large players certainly have the expertise and capabilities in redevelopment. Others are progressing fast. India in no way is anywhere behind in terms of technology or material used in construction today. Based on the climatic conditions and other environmental requirement, we have global expertise. Developers are fast becoming efficient in redeveloping projects,” says Bhagtani.

Redevelopment of a project is a lengthy process. It can be a very tricky and risky business. Developers generally find it difficult to undertake redevelopment of one or two buildings alone. Instead, they prefer societies having more areas as these suit them.

It is more a convenience factor than mere profitability. Also, there are many hassles involved in a redevelopment project. Some members of a society may not agree to redevelopment. In such a case, developer has to wait till most members of the society give the go-ahead for redevelopment. So, there have been instances where developers have opted out of redevelopment projects due to the lengthy time and innumerable hassles with members.

Experience suggests how the world has sold density is to couple it with better design standards. People in developed cities found density much more acceptable if new development was designed compatibly with existing neighbourhoods. A further benefit was that the city obtained new design standards.

Anshuman Magazine, however, is candid to put the blame for societies’ resistance on the lengthy approval process where clearances for redevelopment project take longer time than the normal projects. And since relocation of the existing habitation is a huge challenge, hence resistance by the residents and that is a spoiler for the average investor to get into such a project.

Public acceptance of redevelopment is often like a sine curve. In metropolitan urban areas there is great acceptance, but as one gets out to the first-ring suburbs, there is a real fear of density. Way out where populations are sparce it is not an issue.

It is an issue from a planning standpoint. Not all Indian city planners can claim neighbourhood opposition to infill development as a major obstacle to accommodating growth. However, failure to replicate Indian cities to Las Vegas often lies in holistic planning and will power.

SME has its own brand value to attract realtors

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By: Manu Sharma 

3rd of the series

Track2Realty Exclusive

- india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, Delhi NCR real estate, Mumbai Real Estate, Bangalore Real Estate, Pune Real Estate news,Track2Media, Track2Realty, ravi sinha In commercial real estate there is a general marketing strategy to showcase brands that book the space. Will SMEs cluster give the developer that cutting edge? Realtors believe most Indian mid-sized companies have already emerged as recognizable brands. Companies such as Gati, Angel Broking, Samsonite, Tarz Lifestyle, Donear and other such companies are well-known; hence it is the facilities that the developer offers take precedence. They are looking for the best value for money; hence there is a pressure on keeping the prices competitive and facilities as attractive as possible.

The question is whether focus on SMEs reflects a negative outlook on the commercial real estate where market has got saturated for the developers. Mayur Shah, Chief-Sales and Marketing, Ackruti City outrightly rejects this theory. According to him the focus is now on every segment of the market, which is holistic and allows a developer to offer a choice of options. Market was never saturated. Absorption took a backseat when the economy was hit and expansion plans were put on hold. In fact in some locations commercial realty has done better than the residential markets. People have realized that to keep the economy growing and their own businesses flourishing, they have to expand and the recent reports on absorption is a reflection of this realization.

“Most of the banking and finance companies started small and have grown only in the last six to seven years, which is a revelation in itself. Some well-known IT companies have grown in size only recently. India has more than 5000 mid- sized companies and at least more than half started their businesses in the metro cities. So SMEs being only in tier II and tier III is a myth. The idea is to offer office spaces at the right locations and offer the right mix of floor spaces and amenities,” says Shah.