Faridabad - one of the most sought-after locations

Investing in Faridabad now is a wise decision because the property values are going to go through the roof in coming years, say builders.

Property locations in Faridabad offer diversified investment opportunities as many residential and commercial properties are available for purchase, rent and sale. Many people are able to locate luxury villas in Faridabad within their stipulated budgets.

The reason for the growing property scene in Faridabad is attributed to many factors. First and foremost, Faridabad’s infrastructural edge provides superlative facilities to property developers in the residential and commercial sector. The big names in the sector include Vipul, SRS Group, Eros Group, BPTP, Omaxe, etc. These reputed builders offer world-class apartments for sale in faridabad.

The land crisis in Delhi and its satellite metropolitan cities has resulted in developers changing their land preference from Delhi and other thickly populated cities to Faridabad and other less populated areas.

The presence of accredited educational institutes such as the National Institute of Finance Management and DAV is another factor in the increase of Plots value in Faridabad.

The city of Faridabad is home to a number of small- and large-scale industries. The booming industrial scenario makes Faridabad the location of choice for commercial property investment. The expansion of the industrial sector has created substantial demand for residential property in Faridabad.

The proximity to metropolitan cities is an added advantage for Faridabad. Connectivity to other major cities makes Faridabad a key location for sale and purchase of property, and the scope of the city is only going to accelerate in the course of time.

Approximate property rates in Faridabad

Property rates differ according to areas in Faridabad. In Charmwood Village, the rate per sq.ft. is approximately Rs.10,500 to Rs. 11,000. In Neharpar, the value is between Rs. 3000 to Rs. 4000. Sector 46 has a land value of Rs. 5,500 to Rs. 6,500, and sector 49 is between Rs. 3,500 to Rs. 4,500. Sectors 77 and 78 have a value of Rs. 3,500 to 4,500 per Sq.Ft. Sector 82 is between Rs. 4,500 to Rs. 5,000. Sectors 88 and 89 have a value between Rs. 3,500 to Rs. 4,000 per Sq.Ft.

The FDI relaxation has attracted many foreign investments. On the whole, Faridabad is going to play a prominent role among the developing cities in India.

Courtesy :Rivr

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Mariners Paradise Sector 87 Faridabad, Faridabad

About Project - Mariners Paradise

Mariners' Paradise, located in close proximity to South Delhi is just 9 kms. from Badarpur Border. Situated in the upcoming area of Sector - 87 Nahar Par Faridabad, MARINERS' PARADISE is an exclusive habitat for seafarers offering high specifications and high standards of living, the project is strategically located to give members the benefit of South Delhi House in Faridabad. Mariners' Paradise is an impressive tower that encloses a breathtaking central park. The tower offers homes in 4 bedroom and servant's quarter to suit individual lifestyles. The design of Mariners' Paradise is exquisitely expressed through feature gardens and courtyards, its spectacular water features & undulating landform. This upcoming Property in Faridabad of Mariners' will be a landmark and new experience for the Mariners' and NRI's. The towers house a total of 276 units with spacious 4 bedrooms constituting a servant quarter, living/dining room, and kitchen. Get assured of the best luxuries and facilities with imported/ Italian marbles, laminated wooden flooring central air conditioning, modular cupboards anti-skid vitrified tiles etc.

Project Highlights - Mariners Paradise

• Multi-level landscaping around main arena with water bodies & theme zones
• Landscaped jogging & walking tracks
• 100% Power back-up
• Gas pipelines to the apartments
• Rain water harvesting
• Primary / kindergarten / crèche
• Large festival grounds
• Audio Communication from guard unit to respective apartment
• Air Conditioning
• Panic Alarm function from apartment to guard unit
• Barriers at Main Entry and Exit for that extra security
• CCTV Surveillance
• 24-hour digital video recording surveillance of select entry points
• Fire alarm system
• 100% Power back up
• Swimming pool, Kids splash pool, Indoor badminton court with imported playing surface cum multipurpose room
• Banquet facility, State of the art gymnasium, Steam & sauna, Multi cuisine café, Kid's play area
• Games room – pool, billiards, cards, Business center, Dedicated area for aerobics & yoga,
• A Common lounge area and pool area along with landscaped sit-out will have Wi-Fi connectivity.

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Emaar MGF Imperial Gardens Sector 102 Gurgaon, Gurgaon

About Project - Emaar MGF Imperial Gardens

Emaar MGF Imperial Gardens is the latest residential project at sector 102 Gurgaon. It lies next to Dwarka Expressway and comprises of 3BHK gurgaon apartments and penthouses.

Emaar MGF Imperial Gardens gives you an awesome opportunity to live in a palace of paradise which is carved in the form of residential homes. 

At a handpicked locality of Gurgaon, the famous Emaar MGF group is offering living that comes in comfortable sizes of 3 Bedroom + Study + S. Room apartments.

Suiting both independent ho and nuclear family to nestle in a lovelier ecstasy, these homes have been planned meticulously with hi-tech design and specifications.

The garden facing units here are the most demanding ones with the confirmation of getting ample light and air from the surroundings. The free flowing patterns of airy surroundings makes every moment the worth living.Various house for sale in gurgaon

Project Highlights - Emaar MGF Imperial Gardens

• Located on Dwarka Expressway in Sector 102, Gurgaon
• Enjoy greenery like never before, with 6 acres of landscaped gardens.
• Easy access to malls, school and healthcare facilities
• Good road infrastructure
• Modular window systems
• All ground floor apartments come with a private lawn area.
• Fully equipped modular kitchens with attached balconies.
• Pre-installed split AC provisions in the living, dining and bedrooms.

Read More:http://property.sulekha.com/gurgaon-emaar-mgf-imperial-gardens-project?ref=hp

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NRI interest in Gurgaon realty up as touches historical low

GURGAON: The fall of Rupee has raised speculations of increased NRI investments in the reality sector. Gurgaon Builders and analysts say that Gurgaon continues to be a popular destination for NRIs buying property mainly for the purpose of investment.

The Indian Rupee (INR) has seen 12.0% depreciation against the US dollar since the start of May till June, thereby forcing its value go down against all other currencies pegged to US dollar, including the UAE Dirham (AED). As a result, the Rupee has also depreciated against the AED by 12.0% during the same period.

Builders maintain that this slip might prove a good opportunity to tap the potential offered by the NRIs.

According to Ravi Saund, COO, CHD Developers Ltd, most developers are taking cue from this situation and coming up with products primarily targeted at the NRI segment. "We, at the CHD, are coming up with high-end studio apartments in our upcoming commercial tower CHD Sky One. This will majorly be targeted at our NRI customers," he said.

Gurgaon Property has emerged to be one of the most lucrative investment options for NRIs since it ensures a good return on investment. The areas most preferred by the NRI segment are Golf Course Extension, Sohna Road and the upcoming Dwarka Expressway. "If the rupee maintains its current levels, real estate developers could see more NRI investments during the period. On the downside, cost of construction may marginally go up as we will have to pay more in rupee in order to procure raw materials," Saund added.      Source:http://timesofindia.indiatimes.com/city/gurgaon/NRI-interest-in-Gurgaon-realty-up-as-touches-historical-low/articleshow/21077562.cms

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Apartments in DLF Phase 3 Gurgaon

The DLF Group is a well known name in India real estate market. With more than sixty years of experience in property development, the company has established themselves as the most trusted and reliable property builder in the country. Various residential, commercial, retail and community projects are developed by the company in many cities of the country. The company has developed world class integrated townships, offices, multiplexes and various other kinds of real estate assets according to the needs of modern age infrastructure. Their Gurgaon projects are the hallmark of quality and reliability that make DLF’s projects first choice for thousands of property buyers.

The DLF stands for Delhi Land & Finance that is the largest real estate group in India. It was founded by the Raghuvendra Singh in 1946. The company developed various residential colonies in Delhi including Shivaji Park, Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas at that time. In 1957, with the passage of Delhi Development Act, the local government of Delhi took the Gurgaon is the real estate development of the city and banned the private builders. Therefore, the DLF started acquiring land in surrounding areas of Delhi.

In mid of 1970s, the company acquired huge land in Gurgaon in state of Haryana also at the very low cost in comparison to Delhi. The builder started real estate development in Gurgaon plots at high scale. They developed various integrated townships, retail and much more. With extreme development by DLF and some other builders, the city of Gurgaon emerged as a one of the important metropolitan cities in North India.

 Many national and multinational companies like Microsoft, Google, Nokia, Pepsi and TCS have established their setup in the city due to availability of excellent infrastructure, services, facilities and attractive policies of Haryana state government.
Source:http://gurgaonproperties.blog.com/2013/02/22/apartments-in-dlf-phase-3-gurgaon

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DELAY IN DEPOSITING PLOT PRICE – HUDA told to decide case as per earlier policy

Admonishing HUDA for compelling the allottees to approach the courts on the issue of condoning delay in the initial payment of 15 per cent price, the Punjab and Haryana High Court has asked the authority to decide the matter in terms of earlier policy and decisions.
The ruling by Justice Satish Kumar Mittal and Justice Amol Rattan Singh came on a petition filed by Surender Kumar. Allotted a residential plot in Sector 62, Faridabad, in June, 2003, he deposited 10 per cent of the tentative price Property in Faridabad.
As much as 15 per cent of the total cost was to be deposited within 30 days from the issuance of the allotment letter. The HUDA Estate Officer cancelled the allotment as he could not deposit the amount within the stipulated period due to financial constraints following his mother’s ailment,
In his appeal before the HUDA Administrator, the petitioner said he was willing to pay 15 per cent amount along with interest and penalty. But the appeal was dismissed vide an order dated February 27, 2004.2 BHK Flats in Faridabad price is cheaper nowadays
His revision petition was disposed of by the Financial Commissioner-cum-Principal Secretary, Town and Country Planning Department, in February, 2009, with a direction that his case be considered by the HUDA Chief Administrator as per the relevant policy and guidelines issued from time to time.
The petitioner contended that he was compelled to approach the “revisional authority” again after his claim was not considered. The “revisional authority” on May 25, 2011, observed that the petitioner had given a list of cases where the delay in making 15 per cent payment had been condoned for a period ranging from 156 days to 362 days.
 Wanna invest in faridabad flats or plots some quick links to you Villas in Faridabad


Read more:http://www.indianrealtynews.com/real-estate-india/faridabad/delay-in-depositing-plot-price-huda-told-to-decide-case-as-per-earlier-policy.html

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