Pune – A Real Estate Destination

The real estate scenario looks gloomy in the current scenario, but a couple of cities are sure to stay ahead of the rest even in the current scenario. Pune, one of the hottest real estate destinations will continue to see stabilized prices and an appreciation in prices in the long run. There are various reasons that can be attributed to the growth of the city.

Pune is a commercial hub with dominance of industries including IT andITeS, Automobiles. Petrochemicals. Oil and Gas, Engineering. Financial Services, Textiles. Companies have displayed a brilliant growth within the city. The city is centrally located and makes fro a good hub for manufacturing companies. Swanky office buildings host the biggies of the word like Mercedes Benz , GM and many more. This has led to extensive commercial development in the city. Infact, companies from other sectors also eye the city including Biotech, Hospitality etc

Some of the advantages of being in Pune real estate include the following

Pune is the second largest city in Maharashtra and sixth largest city in the country with a population of 7.2 million people with a high purchasing power. It is also a prominent education centre. The city has over 100 colleges and institutions of higher learning including 14 Engineering Colleges and 10 B-Schools. A large number of ITI s provide the necessary shop floor skills. Scientific institutions and the substantial presence of IT companies assure a supply of high quality knowledge base.

Pune is also emerging as a prominent city for BPO due to the availability of skilled English speaking manpower. The city houses a large number of national and international players including Tata Motors, Bajaj Auto, Daimler Chrysler, Fiat, Bharat Forge, Tata Consultancy Services, Infosys and Wipro, among others. It has 12 focus industry areas including automobiles, chemicals, consumer durables, engineering and Information Technology.

The commercial property development of the city can largely be attributed to the state, Government and the infrastructure. The advantages of being in Maharashtra include the following. It is the largest economy in the country, with a high per capita income and one of the most attractive investment destination in the country, accounting for 40 per cent of exports. This has also fostered the presence of reputed R&D centres in the city.

The IT presence in the city is largely attributed to the bold and visionary IT policy. Initiated by the State Government, it is responsible for attracting companies to set up shop in the state. The Policy includes exemption for IT units from various taxes and duties, permission to set up units anywhere in the state without restrictions, setting up of Special Export Zones and various other government initiatives to boost the IT culture within the state. Software Exports: Maharashtra accounts for more than 30 percent of the countrys software exports, with over 1,200 software units based in the state, thus providing a familiar and friendly environment for IT companies.

The government of Maharashtra has undertaken the ambitious project of developing the Mumbai-Pune Knowledge Corridor, thereby creating a natural home for companies from all over the world, seeking to set up their IT or ITES activities in a safe, business-friendly and progressive environment with world-class facilities and infrastructure, with a long term perspective.
Committed huge investments in the state include Boeing Rs 500 crore (Rs 5 billion) in Nagpur Volkswagen, Rs 2,350 crore (Rs 23.5 billion) in Pune, General Motors Rs 1,350 crore (Rs 13.5 billion) in Pune, Bajaj Auto Rs 2,000 crore (Rs 20 billion) in Pune/Aurangabad, Hyundai Heavy industries Rs. 260 Crores in Pune, Mahindra & Mahindra Rs. 2000 crores in SEZ, Microsoft and Videocon.
All of the above reasons are sure to be the reasons for continued growth in the city for years.

Residential real estate at Pune is all set to create new benchmarks. To cater to the residential demand in the city, Pune needs almost 40,000 residential properties every year to meet the housing demand in the city. Thus, the Public Private partnership will create a new city sky line.

The upcoming residential areas include: Kalyani Nagar, Kawade Road, Hadapsar, Thergaon, Ambegaon, Balewadi and Wagholi among others.

Thus, jump into the Pune realty bandwagon and search for a house to invest or live in. To find that dream property, it is recommended that you search online and find your options before getting on the ground. Thus, you can save precious time and money. With the prices just stabilizing, it is an opportune time to get that house you have always dreamt of.

Mumbai Continues to be the Leader in Real Estate Market

Mumbai has always highlighted a positive trend in the realty segment. The article discusses about the latest realty trends in two locations, Borivali and Goregaon.

There was a time when the real-estate sector in almost all over India, but cities like New Delhi, Kolkata, Mumbai and Pune witnessed some remarkable growth in terms of residential units in the year 2012. The leading real estate consultants Cushman & Wakefield conducted a study across eight cities, viz. Delhi & NCR, Ahmedabad, Bangalore, Hyderabad, Chennai, Mumbai, Pune and Kolkata. The residential units constructed in these cities displayed a decreasing trend by approximately 16% (162,000 units) last year as compared to that in 2011. Mumbai emerged as an exception, which showed a growth of 72%(22,423 units), while Bangalore experienced a highest decline of around 50% (16,543 units). Capital value in Mumbai continued to rank higher as compared to the national average.

One of the premium localities in central Mumbai, Borivalidisplayed highest capital values across the city and emerged as one of the hottest residential property destination. Not only the residential real estate, the commercial real estate segment also saw some positive trends. According to the market experts, the prices of properties in these areas are no less than 8,000-14,000 per sq. ft.The rates totally depend on the location of the property as well as the specifications of the property. Because of the increased demand of the residential and commercial properties, the prices of properties have already gone up by 25-35%.

The central Mumbai location is experiencing huge demand for housing mostly from those buyers who belong to middle-income groups. Factors like cost-effectiveness, calm atmosphere and good connectivity with other parts of the city make property in Borivali East a lucrative option. In addition, the connectivity of the locality with Mumbai and Thane is an added benefit. Another location of Mumbai, Goregaon, has seen some growth in the demand for residential units, is slowly emerging as one of the ideal places in terms of commercial realty, and has invited a number of corporate giants to establishments their bases.

The locality is strategically located and its proximity to Bandra-Kurla Complex and eastern &western suburbs of Mumbai has madeGoregaonan ideal real estate destination. Goregaon hosts a number of renowned educational institutions, shopping complexes, shopping malls,health-care centers as well as eateries. All these things contribute in the great living experience in Goregaon. The gree localities around Goregaon make it the greenest of all other surrounding suburbs, which are densely population and the dwellers hardly experience any greenery.

According to the market experts, the flats and apartments of area 2,000-3,000 sq. ft. category are available in a price range of Rs. 12,000-18,000 per sq. ft. Though this is costly, but if we compare this price to the prime locality of Mumbai, which is South Mumbai, the apartments are priced at a whopping range of Rs. 30,000-50,000 per sq. ft. Now a day, the properties in South Mumbai are available at no less than Rs 8-9 crores. The boom in the prices has made the buyers reluctant from investing their hard-earned money in South Mumbai. In the coming years, the prices of residential as well as commercial properties of Mumbai will soar and most likely witness the next economic boom cycle, and will enable the builders to launch a few new projects and thereby lead to an obvious hike in the prices.

Author Bio: Rashmi Karan writes on the behalf of 99Acres.com, which is the leading real estate portal providing genuine and accurate information about the current real estate trends regarding purchase and sale of both residential and commercial properties across nation. Such as Property in Kandivali East, Property in Chembur, etc.

In Montana Real Estate Under $200k Buys Ski Resort Property

So, do you style yourself as an active outdoor person, then Montana real estate might be just what the doctor ordered? As a retirement location there is just so much to do and to see that it would take a lifetime of exploring to accomplish but a small portion of everything that is possible.

You’ll find that the Spires at Red Lodge offers all of the benefits associated with the Big Sky Country. Here’s the kicker: Red Lodge real estate is the lowest priced real estate in the
entire Rocky Mountain range for a town that contains both a ski resort and an 18 hole golf course.

To the south of town Montana’s highest peaks act as an undeveloped buffer zone to Yellowstone Park and the western lore runs deep dating back to the late 1800’s. The area offers enormous recreation and convenience as it is under one hour to a city of over 100,000.

The town boasts a new high school, new micro-brewery, and construction begins this spring on a new $25 million hospital and assisted living complex. New services, new retail stores, and signifcant upgrades to Red Lodge Mountain under new owners have got the whole town buzzing.

This rejuvenation of infrastructure is getting the attention of second homebuyers from all over the nation. Click here if you’d like to visit the best that the area has to offer!

Only an hour away, Montana’s largest city offers tremendous shopping, the region’s top hospitals, and the best flight schedules. The convenience of living in an uncrowded recreational area and having superior access to amenities cannot be understated.

The Spires has created a walking-friendly neighborhood with lots of open spaces. It is the only development in the City featuring handicap ramps on every street corner for complete wheelchair accessibility and the Meadows Park even has a spring creek with brook trout in it.

The visual element of the Spires is completely stunning with hundred mile views and the Beartooth mountains for 180 degrees. In fact, the
total mountain view shed is 180 degrees, from the Crazy Mountains 80 miles away to the northwest, the entire Beartooth Wilderness frontage and down to Mount Maurice south of Red Lodge. Somehow it is difficult to associate these spectacular views with living inside the city limits, but you are.

Beginning in May of ’09 cottages with one car garages attached will be constructed with the price tag being under $200,000 USD. The cottages were built to keep energy bills down and time spent on maintenance related activities to a minimum so you can go enjoy the world-class recreation that surrounds you. To check out the best value in Montana real estate just Click Here!

In the post-excess consumption era this innovative development has taken a conservation and minimalist approach. These methods have led recognition for sustainable living.Red Lodge, Montana also has more restaurants and bars per capita than any other community in the
State of Montana, so there is always a diversity of places to socialize.

You can get lost in the mountains, the scenery, the town, or the long list of activities as there is always something going on..

Get in on the ground floor and check out the Spires, a new rising star in resort living.

Fort Laudedale Real Estate Prices Rise But Fort Lauderdale Realtor Sees Bumps Ahead

Fort Lauderdale area real estate prices are on a huge upswing and you can see the news just about everywhere you look. From the Real Estate section of the local Fort Lauderdale newspaper that for year has spent many pages on gloom and doom, to the signs in front of local real estate offices that are covered with positive accolades about the local real estate market. It appears that on many levels the bottom has passed and happy days are here again for the sellers of Ft Lauderdale Real Estate… but maybe, not so fast!

Just like there was a perfect storm of events that burst the bubble on the real estate boom. There appears to be some events that have fueled a quick reversal in prices that simply may not last. I want to get to the point of this Fort Lauderdale Real Estate article before I even explain my theory further.

I don’t expect the exuberant price increases to continue, I expect to see a leveling off and a return to a stable market!

It’s a great time to be a buyer of South Florida Real Estate, and if you are a buyer its time to come to grips with the fact that you missed the bottom. Now maybe the time to start working closely with a Fort Lauderdale Realtor to find a great deal before the next rise in prices, prices you out of your dream home.

Now that we got right to the point, let’s talk about why the quick upswing in prices and somethings that could slow down the dramatic shift. To begin I need to quote Gary Keller, not sure of it was original but it was from him that I heard it, ” the pendulum swings fastest at the bottom”, and that has certainly happened. Large hedge fund investors in the Fort Lauderdale market have been buying property at a feverish pace, and often paying over market value driving prices up? The rumors are they are not renting these homes as quickly as they thought and are slowing down on these purchases. I do not think this will hurt the market in itself as there are many smaller investors ready to buy all the distressed homes that come to market and bidding wars will remain a norm.

Fort Lauderdale Real Estate force #2, the cranes are moving again over the City of Fort Lauderdale. You still can’t sell a condo or a home for what it will cost to build but the gap is closing quickly. In Fort Lauderdale where vacant land is in short supply we have seen the return of the individual home owners willing to build. There are people building their personal dream homes at all levels of the local real Estate market. In addition 1000’s of new rental properties are currently under construction in the city. These can slow down the market by causing a drop in rents, forcing smaller investors to drop their sale prices and creating a chain reaction to help level the playing field. Certainly this is not a good or bad thing; it is just another one of the forces facing our market.

Last but not least in Broward County we still have approximately 40,000 properties at some point of foreclosure. Based on some new laws the banks have had to regroup in order to be successful in their foreclosure actions. But as they do come back to court and these actions do start to move forward, and property does become available it will certainly cause some downward pressure on pricing.

As I see it, great days are ahead for the Fort Lauderdale Real Estate market, but at this point is was time for a little reality check! This is not the time to allow a market very short on inventory to cause you to become a reactive buyer. Its time to identify what you are looking for and wait for the perfect home to come your way.It is thetime to be diligent and watch prices and interest rates so you can make a decision that is right for you and your family.

Surajkund – Lucrative Real Estate Options

Real estate boom in India has activated many dormant areas to become super- active. Surajkund is currently going through this phase of activation and is ready to cross the threshold in order to emerge as a real estate destination. This boom is further strengthened by the relaxation of Foreign Direct Investment (FDI) in the real estate and construction sector. Additionally, the retail segment has opened the doors for the commercial real estate sector of India. Faridabad is fast becoming the next hot destination for expanding developmental activities. The pace of real estate growth is expected to prosper well as more and more companies are now choosing to opt for Surajkund. The city has become a prominent investment destination due to its proximity to Delhi and also because of the rising values of the real estate in Gurgaon and Noida.

Faridabad has traditionally been an industrial city, with 300 large and 10,000 small scale units and the Haryana Government’s new Industrial Model Township. However, the industrial town of Faridabad is now noticing new residential developments, especially in Surajkund village that spans across 30 acres. Surajkund, already known for its international Mela, is now a residential delight for many. The Surajkund mela was launched in 1981 by the Haryana Tourism and is held in the month of February from 1st-15th every year. This craft Mela (fair) serves as a meeting ground for talented artists, painters, weavers, sculptors and craftsmen from all over India who display handicraft products in the typical setting of a rural Indian market place. The place is visited by number of domestic and International tourists and the foot-falls seems to be multiplying every year.

Green Environment

Away from the hectic and congested life, Surajkund offers an environment like no other place in Delhi. The place displays a sense of peace and traditional touch which is envied by every Delhiite. People are opting for Surajkund for its peaceful natural surroundings. Renowned developers are coming up with township projects in and around localities of Surajkund. The first township project near Surajkund is Charmwood Village by the Eros Group covered in the area of 65 acres. Omaxe, Ansals are also setting up their residential projects.

These attractive townships are sufficient to satisfy the needs of people. Bungalows, apartments and villas are available here with all the modern amenities. The rates of residential properties range between Rs 6,500-Rs 8,000 per sq ft. The rent is around Rs 20,000 for 2 BHK flat and varies on the bases of size and type. Ansal and Crown Plaza have lavishly designed malls catering to children’s entertainment and hospitality, along with other commercial and residential projects. Numbers of other residential projects are in pipeline and soon going to be launched.

Infrastructural developments

Social infrastructure is also developing at the fast pace to support the physical infrastructure in Surajkund. All the national and international based schools and educational institutes have come up in the periphery to benefit the students with a pollution free atmosphere. MNV public school, Delhi Public School and Manav Rachna School are to name a few. Transportation is also improving by and by with Delhi’s bus stand just 1 km from the Surajkund. Local rickshaws and autos are also available for intra-city connectivity.

The property price of Surajkund has increased three times in last couple of years. Planned infrastructure, township projects of big brands, proposed Metro in main Faridabad and rise in the prices of real estate property of other cities, involvement of Haryana government in the overall development of Surajkund make it a good choice for real estate investors.

Pg Real Estate Extended Its Functionality With 2 New Modules

Script for creating a Real Estate Website PG Real Estate was enriched with 2 new modules:

* Newsletter Module is a powerful marketing tool that will allow you to easily design HTML or text based newsletters and send them out to your site members. Site members are segmented into different mailing lists automatically according to their type (Private Person, Real Estate Agency or Agent of Real Estate Company) so that you could make effective targeted mailing informing your site members of promotions, site news and more.
* Mortgage Module will add a new section to your Real Estate Site – Mortgage Section. You will be able to provide your site visitors with current mortgage rates, built-in interactive calculators, mortgage tools and information. Your site visitors will be able to apply online, filling in application forms. Applications forms are compatible with Calyx Point and Fannie Mae LOS.

Now beside basic functionality PG Real Estate has 3 add-ons: new Newsletter Module and Mortgage Module and a module that was released earlier – Advertising Campaigns module.

For those who purchase PG Real Estate with All Modules, there is Special discount provided.

Manesar Real Estate Market

Manesar is one of the fastest growing townships in India and is a part of Delhi NCR. After Gurgaon, Manesar has caught the eye of Haryana Government and has become the new centre of developments.

Many eminent real estate developers are planning to invest in Gurgaon-Manesar Expressway. Builders like Unitech, Raheja, Vatika, DLF and various others have bought land in Manesar to create townships.

The upcoming projects like Expressway to Jaipur and SEZs are bolstering up the value of property in Manesar. These projects are undertaken by Reliance, DLF, Unitech and Raheja and are helping in boosting the property prices in Manesar already. In fact, according to survey held recently, Manesar ranked among top 3 choices of investors for property investment.

Manesar, from a small village is soon scoring its place among major outsourcing hubs in India. This transformation could happen due to the rising needs of industrial and commercial sectors. IMT (Industrial Model Township) is the main attraction of Manesar for industrial buyers as it now houses more than 500 industrial units.

Upcoming investment plans in Manesar:

Large numbers of corporate leaders like Nippon, Baxter, Stanley, Toyota, Mitsubishi, etc have setup their business units in Manesar.

With already being a home to largest car and motorcycle manufacturers namely Maruti Udyog and Hero Honda, another corporate honcho, Suzuki is also coming up with plans to invest Rs. 2500 crores in Manesar.

Also, Japanese majors and other multinational companies like Samsung Telecommunications will soon establish a unit worth Rs. 850 crores in Manesar to commence the commercial production of their products.

Next in the pipeline are Honda Motorcycles and Scooters India with a plan of pumping in Rs. 300 crores in its plant in Manesar to improve its capacity.

As happens with every developing city that the demand for residential property is upped due to commercialization, the trend is well followed by Manesar too. The professionals employed by the multinationals generated the need for housing and apartment accommodation. The rapid development of both commercial and residential sectors in Manesar has made it extremely popular among property developers as well as property buyers. The boom in real estate market is at its peak and this is what makes of property in Manesar sell like hotcakes.

An industrial and commercial hub:

Manesar is now known as an industrial and commercial hub of the city and has long ago shredded its image of a village. Earlier, no one had ever thought that a small city like Manesar could hold such potential for real estate market. There could be many reasons for this metamorphosis:
When Delhi became congested, leading companies moved to nearby areas around the national capital. It went on to develop Gurgaon property market by carrying their operations there and when again it was exploited enough, they moved further to Manesar. Therefore, hefty investments from various MNCs and setting up of major establishments in the city led to its conversion into New Gurgaon as called by many over the past few years.

Hike in property prices:

The property rates have doubled and even trebled in some areas in Manesar and have jumped from Rs. 20-25 lakhs per acre to Rs. 1.10-1.40 crores per acre. In just few months, commercial property prices have hiked by whole 35-60% and residential property by over 35%.

Infrastructural Developments:

The construction of 135 km long Kundli-Manesar-Palwal (KMP) Expressway has further augmented the property prices in Manesar Property. This would be the longest expressway of India and the most expensive too.

Real Estate projects:

Corporate Tower
It is expected to fulfill business requirements of shops, offices, etc.

Commercial Towns
HSIIDC would develop 12 commercial towns.

Townships
DLF City is planning to develop a huge township while Vatika would undertake construction of plots and villas.

Karma Lakelands
Unitech would bring in Ultra Luxury villas with an 18 Hole Golf course.

Manesar is seen as the next generation IT-ITes destination and is conveniently located. It has become one of the most preferred places to invest money in for both buyers and investors.

How Can Ranch Entrance Gates Enhance The Landscape Of Your Real Estate

If you have a vast land area, you might want to consider putting a ranch entrance gate on your land property. Ranch entrance gates assure the security of your land and definitely present a personal theme that youve always wished to show on your ranch. The perfect ranch entrance gate can surely bring elegance and setting on your ranch or farm estate.

These types of ranch gates have been fixtures in houses in Western America and can be seen in some private territories in Latin American countries, like Argentina, Brazil, and Ecuador. Today many contemporary home owners in America elect to have custom metal art ranch gate entrances for their estate.

Ranch gate entrances that provide access in and out of your homestead with a metal artwork decor are a one of a kind investment. The most common materials used in these types of gate entrances are gauge steel and wrought iron that is properly welded. The strongest ball bearings and hinges should be used as well, when it comes to constructing these ranch entrance gates. The use of a heavy-duty post can be considered and put into place to make sure the ranch gates do not slip or sag. A strong structure of the rails and the steel frames can make the movable barrier slide smoothly and without any drag. With the use of high quality ball bearings, the swing of the ranch entrance gates should be perfectly ninety degrees from its starting point of zero degrees.

Artistry and quality is taken into account, when you decide to build the exact entryway to your ranch. The fences can also be structured with custom metal art signs in order to welcome the visitors. You often see this with the owner’s name or ranch name emblazoned on top of the overhead ranch entrance gate.

Sometimes an owner can opt to have the custom-made metal artwork with a wildlife motif, a Montana theme, or any other logo, design or brand that they specifically desire. The metal artwork can be magnificently created by an artist and can be taken into consideration to a scale that fits well.

Gate entrances can be operated by a key code or a remote. This is important since the foremost function of a gate is for security reasons. These have become popular for not only movie compounds, guest ranches, parks and polo clubs, but also individual homes.

The perfect ranch entrance gate can match the style of your house. Along with a great workmanship and artistry on the appearance of the structure, the use of a delicately created portal set-up can surely enhance your real estate landscape.