Why Does Properties Hits Noida

The amount of properties in Delhi had become as a city’s Bull Run. Builders in Delhi explain that every house has been turned into builder buildings and they have crated many places in sale containing large number of floors for sale. And there are not that many buyers. In fact, floors are staying unsold for 5-6 months. And also many apartments in Delhi, which are up for sale, are waiting for buyers. Flat in Delhi offer Modern Accommodation Option in the Heart of Convenience contains different sizes ranging from single bedroom to 2bhk flats in Delhi, 3bhk flats in Delhi, and 4bhk flats in Delhi, located throughout the capital city. These flats have always been the high valued properties in Delhi to buy and sale.

New project in Delhi NCR like Noida promises to meet the growing demand for property. Noida is one of the fastest growing cities in India. As it contains large about of companies and with a rise of job speculation, makes the real estate developers to launch a number of residential projects in Noida. People from various countries have migrated to Noida for better employment. The builders are coming up with a number of new projects in Noida that promise to meet the requirements of the buyers for both residential and commercial properties.

In order to buy a property you need to concern with reputed and well established real estate company so that they can help you greatly in locating your dream flat or apartment in Delhi within your budget. 

If you are dreaming to buy apartments or flats then Noida is the best suitable places to buy.

India ranked 20 among global real estate market, says C&W

While investments in institutional sales saw a decline of 37 % over last year, private equity investment in real estate in India increased by 7% in 2012 and was noted at Rs 6,200 crore.
"Investment in ready income generating / operational office assets have gained strength over the last few years due to lower risk and steady cash flows associated with this type of investment.

 With increase in number of high value transactions in this sector, the market is moving towards a mature phase,"said Sanjay Dutt, Executive Managing Director, South Asia, Cushman & Wakefield,
Majority of the Private Equity in Real Estate (PERE) investments were noted in ready income generating / operational office assets at Rs 3230 crore, an increase of 34% over 2011. Under construction residential projects continued to witness the highest number (25) of PERE deals valued at Rs 2850 crore in 2012.

Global Property investment market recorded a modest 6% rise in activity during 2012 with volumes reaching US$929bn. China remained the largest global investment market overall due to surge in land sales seen in late 2012 followed by US and UK respectively. " In what was a difficult year in most markets, investment volumes rallied in Q4 signaling the beginning of real momentum and a return of confidence in the market which could see volumes this year increase 14% to exceed $1 trillion for the first time since 2007," mentioned the report.

Office rent cheapest in Chennai among big 4 metros

MNCs looking to set up a base of operations in India would do well to look at Chennai, as the city has the lowest office rental rates among any of the big 4 metros in India. But the city also witnessed faster appreciation in rental values during the year ended December 2012 vis-a-vis more expensive cities like Delhi and Mumbai, as per real estate consultant Jones Lang Lasalle’s latest “The Office Index” report. 

In terms of the capital value of property as well, Chennai was ranked lower than the other three big metros, making outright purchase of an office space a more feasible prospect.

According to the report, expansion by MNCs remained slow in India and China during the fourth quarter of 2012. The office market in general was in favour of landlords, but corporate occupiers have become increasingly reluctant to pay high rents. 

Consequently, rental growth is likely to be limited in most markets. But capital values are expected to increase faster than rent in many markets, supported by solid investor interest.

Buy cheaper flats in a resale

After the failed predictions over the past couple of years about a fall in property prices, you are more likely to witness the prophesied Second Coming before the promised correction. So what should cash-conscious buyers do? Wait endlessly in the hope that realty prices falter or take the bait of glossy schemes offered by developers? While most such offers for new houses seem tempting, you won't derive any real benefit.

Fortunately, there is a third option: cheaper flats in the resale market. No, these aren't old, mouldy apartments in decades-old projects. Quite a few of these houses have not even been lived in, but you can still get them at a discount to similar houses within the same project or vicinity. If you're wondering why resale flats are cheaper than the new ones being offered by the developer, it can be due to various reasons. One of them is that these houses have been snapped up by buyers and investors during the pre-launch phase with the intention of selling them after about three years to earn a profit. At this stage, they were only required to make the down payment.

"Many investors book a property at the initial stage just to make a small profit. If they want to make a quick exit, they will price it cheaper than the one offered by the developer, for a faster sale," says Yashwant Dalal, president of the Estate Agents Association of India, an apex body of real estate developers.

Another reason is that a lot of investors who book flats during soft launches are offered heavy discounts by builders. "To get funding before construction commences, builders offer investors at least a 20% discount to the prevailing market rate," adds Dalal.

So, even if such investors sell the flats at a price lower than the one offered by the construction company, they make a hefty profit. While individual buyers readily make the down payment, a few find out that their finances are strained when they have to start paying the home loan EMIs after the construction is complete, especially if they are also paying a rent. In some cases, they find another project that is more to their liking. Obviously, in either situation, the only option is for them to sell the current house as quickly as possible to repay the home loan, even if it means earning a smaller profit than the one they had hoped for.
Original source: economictimes.indiatimes.com