Subject: Justin Abdelkader Jersey
Author: xiaoming
Posted on: 09/19/2015 02:05:56 AM
In a clear rebuttal to merchant of dooms predicting not too good times ahead for real estate market in the wake of the proposed service tax imposed on it in the Budget Detroit Red Wings Jersey , the good demand for DLF Capital Greens Phase III has shows that there is a big market for luxury properties in the country. After a near stampede-like situation for first and second phases of DLF Capital Greens in recent months, customers with deep pockets are investing in Phase III as well. DLF offered 156 units with servant room, in three towers of 25-29 storeys each. The dream apartments cost from a staggering Rs 3.81-Rs 4.18 crores. Gagan Nagpal, director of realty advisory Pure Earth Solutions, says that even though the prices of the latest offering from DLF were a little on the higher side, there were still close to 50 bookings on the first day of the launch. An official of DLF said the prices are fairly matched with market trends and quoted the example of their existing project "The Aralias" on Golf Course Road in Gurgaon which is currently selling at Rs 17,000sq ft in resale market. And close on the heels of DLF, API Ansal is very soon going to launch superluxury apartments and villas - not in any metro city, but in Lucknow! They would be in the range of over Rs 2 crores to Rs 4 crores. Ansal's spokesman also confirmed the development adding they might sell their luxury flats and villas through invitation. And closer home in the capital, Emaar-MGF has announced the prices of their Commonwealth Games village flats. If you want to buy flat where athletes would put up during the October games then be ready to pay upwards of Rs 2.75 crore for a 3BHK. On the good demand for luxury properties Red Wings Jersey , JK Jain, CMD of DesignArch ehomes, says that their are enough buyers for both affordable as well luxury apartments in the country. "Our Vaishali project sold like hot cakes, with flats costing between Rs 75 lakhs and Rs 2.50 crores (penthouses). Anybody who has a background of realty market would tell you that it is easier to sell luxury flats than affordable ones. And there is market for both", Jain says. Mumbai-based developer, Orbit Corporation, plans to launch one luxury project in the city every quarter. Orbit sold off its first lot of 18 flats in Orbit Terraces, its premium housing project in the city, within 17 days of its launch. What is so special about luxury properties? Sunil Jindal, CEO of SVP Developers Tomas Tatar Jersey , says that if developers are charging good money and still people are ready to pay for that then it is very clear that there are a good number of buyers for luxury homes. According to Jindal, luxury projects typically provide CCTV surveillance, Jacuzzis, breathtaking interiors with imported marbles or penthouses that come are fully equipped including a swimming pool thrown in. Then there is the "e-home" concept, where you can have access to your home sitting in your office or while traveling. In e-homes, a customer can get the latest gadgets installed like CCTVs, Wi-Fi enabled environment, remotely controlled access systems, among others. Bangalore is also likely to see more luxury projects by developers like Prestige and Nitesh Estates, as developers have seen good response for the premium products in the past three months. According to Sunil Jindal Stephen Weiss Jersey , "Unlike houses costing between Rs 30 lakh and Rs 50 lakh, developers easily find buyers for big-ticket houses ranging from a whopping Rs 80 lakhs to Rs 4 crores. Like others, we find it easier to attract customers for our luxury flats." As recently as a couple of months ago, Jaypee Greens and Unitech Grande offered their super-luxury residential complexes in Noida and Greter Noida respectively. And both these premium projects were booked by rich and famous. Vicki Oberoi, CEO of Mumbai's Oberoi Construction Ltd reportedly said in an interview that their luxurious 52-apartment Oberoi Skyz sold more than 75% of the flats within three days of the opening of the bookings. The buyers were known faces of big and small screen, some cricketers and very affluent businessmen. Sanjay Singh, director of Century 21 India, says that there was a virtual scramble for flats in the DLF Phase I & II, the Jaypee Greens and the Unitech Grande projects when these developers started offering their houses, echoing the opinion that exclusive houses easily find buyers. The projects of Jaypee and Unitech are coming up virtually on golf courses. That is the main reason for people to grab the pie before it would be too late. These and other grand residential complexes are coming with swimming pools Niklas Kronwall Jersey , gyms, and Jacuzzis, themed-landscaped gardens, water bodies and meditation centers, among a host of other New Age lifestyle amenities. Rohtas Goyal, CMD of Omaxe group, says: "After the opening up of economy in India, a large number of people have earned huge money from share market, from their own ventures and other sources. Salaries have also gone up in a big way. These people love to spend their money on good houses and sleek cars. Frugal lifestyle is the last thing that comes to their minds." Another realty-market watcher says the robust economic growth and the influx of many top-notch multinational companies have hugely contributed to the hike in salary levels in India. Getting bank loans has also become very easy compared to earlier times. These factors have given the necessary boost to the high-cost housing culture in India. So, as of now Kyle Quincey Jersey , there is nothing gloomy in the realty market, both for affordable and luxury segments. Courtesy ET Realty Dtd: 11062010 For more information about real estate, real estate india, Indian real estate, property, property in india, Indian property, property for rent, rented property, apartment for rent Justin Abdelkader Jersey , rented apartment, flats for rent, rented flats in delhi, property for sale in delhi, apartments for sale in delhi, flats for sale in delhi homes for sale in noida, flats for sale in noida, real estate in noida,
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