real estate india: Take care of property transfer papers.
- 02/10/08 09:14 PM
Change in property ownership or transfer of property in such a process which involves plenty of paper work. Special attention should be paid to all the paper work so as you are not cheated by malafied intention of any party. Let us explain you some documents which are required at the time of a deal. While Buying Property From a Developer:Every bank and some financial institutions keep with them a list of developers. This list is prepared after verifying their credibility. Here you are required to see the following documents only:- Agreement to selllease agreement with bank or financial companyReceipts of all paymentsWhile … (1 comments)
real estate india: Flat Allotment Policy for Poor’s Approved by Delhi Govt.
- 02/10/08 04:28 PM
Delhi government has approved the policy for allotment of low cost flat to urban poors under Jawaharlal Nehru urban renewal Mission (JNURM) .After this decision, now the way for quick implementation of low cost housing plan has become clear.According to this policy, the flat will be allotted to him only who is a resident of Delhi since 1990 and should have a valid ration card. In addition, the flat buyer should neither have a pacca house or a plot in Delhi.It is important to note that the government has approved the plan to construct 43804 such low cost flats. Under JNURM … (2 comments)
real estate india: KOLKATA COMMERCIAL SPACE
- 02/08/08 03:43 PM
At 2.25 million sq ft, supply of commercial office space in Kolkata increased about 65 per cent over the previous year. Most of the supply was concentrated in peripheral locations such as Salt Lake and Rajarhat. However, some planned developments for the non IT-ITeS sector are expected to enter the market, early next year, in new locations such as Park Circus Connector and Rash Behari Connector.
The city witnessed total absorption of approximately 2.1 million sq ft. The majority was accounted for by the IT-ITeS sector in peripheral locations like Salt Lake and Rajarhat. Owing to low vacancy in the … (0 comments)
real estate india: HYDERABAD REAL ESTATE
- 02/06/08 03:17 PM
Hyderabad witnessed new commercial office space supply of approximately 4 million sq ft across all micro-markets, with the preferred peripheral locations of Madhapur, HITEC city and Gachibowli accounting for nearly 3 million sq ft. Peripheral markets, being strategically located, and having good connectivity with residential and retail catchments such as Kukkatpally, Srinagar Colony, Mehdipatnam, Punjagutta and Banjara Hills continued to be the preferred choice for commercial office space. Of the total absorption estimated at 3.34 million sq ft, the peripheral locations accounted for the largest share of 69 per cent primarily driven by IT-ITeS companies. Quarter 2 of 2007 was the … (0 comments)
real estate india: PROPERTY IN CHENNAI
- 02/05/08 05:27 PM
IT-ITeS continued to be the demand driver for Office space in Chennai. It was followed by telecom and BFSI (banking and financial services industry) sectors. Approximately 10 million sq ft supply entered the market in 2007. About 75 per cent of this supply came from IT Parks and 21 per cent from IT SEZs. The highest influx of approximately 9 million sq ft came from suburban and peripheral regions such as Guindy, Manapakkam and Sholinganllur.
The largest absorption of approximately 4 million sq ft took place in the suburban regions due to better infrastructure compared to peripheral regions. STPI … (0 comments)
real estate india: MUMBAI REAL ESTATE
- 02/04/08 04:24 PM
Mumbai witnessed a significant drop in supply of commercial office space: only 451,160 sq ft came into the market during 2007. Many projects will, however, be completed in quarter one of 2008.
Most of the supply in 2007 came in Andheri (52 per cent), Bandra Kurla Complex and Worli. Demand continued to rise and was estimated at 4.5 million sq ft. Of this 3.1 million sq ft was pre-commitment; 1.1 million sq ft was absorption in existing second-generation buildings; and 306,160 sq ft was absorption in new buildings.
Most of the pre-lease commitments were witnessed in the peripheral locations … (1 comments)
real estate india: PUNE REAL ESTATE
- 02/01/08 07:48 PM
In Pune, of the 7.8 million sq ft of supply, Hinjewadi and Hadapsar accounted for the majority of the total share. The total demand during 2007 was approximately 6.35 million sq ft of which 5.5 million sq ft was absorption and the balance 0.85 million sq ft was accounted for by pre-lease commitments.
Most of the demand for commercial space in Pune came from IT-ITeS sector, mostly centred in Hinjewadi. Suburban and peripheral locations, especially Hinjewadi and Kharadi, are fast emerging as major office hubs in Pune.
In some Micro-markets of Pune, such as Nagar Road, Yerwada, Kalyani Nagar, … (0 comments)
real estate india: REAL ESTATE SCENARIO-NCR
- 01/27/08 10:48 PM
Absorption across NCR was approximately 6.6 million sq ft during 2007 and recommitments amounted to an additional demand of 4 million sq ft. Gurgaon Accounted for 4.64 million sq ft or 70 per cent of total absorption in the NCR. Noida, the next biggest market, accounted for 1.37 million sq. ft or 21 per cent of total absorption. Delhi witnessed absorption of 0.66 million sq ft Of this approximately 3.28 lakh came from new developments in Jasola, while the remaining 2.95 lakh sq ft came from older, second-generation developments in the CBD and South CBD. The total supply in the NCR … (0 comments)
Change in property ownership or transfer of property in such a process which involves plenty of paper work. Special attention should be paid to all the paper work so as you are not cheated by malafied intention of any party. Let us explain you some documents which are required at the time of a deal.;)
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