Why apartments for sale in Velachery are a good bet?

As far as real estate in Chennai is concerned the southern part of the city is a very popular destination for home buyers. Though most of the markets in this part of the city are saturated, these areas still remain high on a buyer’s list. The micro markets in the northern parts of the city and on the Grand Southern Trunk Road are catching up to the micro markets in the southern part of the city.
Independent homes in this locality were priced at INR 5600 per square feet on average in the 1st quarter of 2014 between April and June. This was a major drop of about 50% when compared to the previous quarter where the prices stood at INR 11300 per square feet on average. In the 2nd quarter of 2013 the going rate for homes here stood at INR 11500 per square feet on average. This was an increase of about 21% when compared to the previous quarter. In the following quarter the going rate for houses here stood at INR 15000 per square feet on average. This was an increase of about 30% when compared to the previous quarter. 

Apartments for sale in Chennai were priced at INR 6600 per square feet on average in the 1st quarter of 2014 between April and June. This was a drop of about 4% when compared to the previous quarter where the prices stood at INR 6800 per square feet on average. In the 2nd quarter of 2013 the going rate for flats here stood at INR 7600 per square feet on average. This was an increase of about 31% when compared to the previous quarter. In the following quarter the going rate apartments in Chennai located in this micro market stood at INR 12000 per square feet on average and this was a drastic increase of about 58% when compared to the previous quarter. 

Properties in Chennai are the most sought after. This is followed by 3 and 1 BHKs. The most in demand unit configuration for flats here falls between 751 and 1000 square feet. This is followed the 1001 and 1250 square feet range and the 1251 and 1500 square feet range. Buyers looking for apartments in Chennai located in here are willing to spend anywhere between INR 50 to 60 lakhs on them. This is followed by the INR 40 to 50 lakhs range and the INR 60 to 70 lakhs range. Buyers are willing to spend anywhere between INR 4501 and 5000 per square feet on flats here. This is followed by the INR 5501 and 6000 per square feet range and the INR 4001 and 4500 per square feet range. 

Since Velachery is located close to the Information Technology hub of OMR, it attracts a fair share of those who are working out of OMR. The area is well connected to most of the city and is also had a very strong social infrastructure. All these factors work in its favour.

Why should you invest in a property in Mira Road?

Mumbai is one city where owning a home might just remain to be a distant dream. However, one locality has cropped up onto the realty radar that is making this dream come true. Offering homes at affordable prices, Mira Road has become one of the most sought after vicinity by many property seekers who are keen on owing a piece of Mumbai. Below we tell you why investing in a property at Mira Road would be a fruitful for you.

Strategic location
Situated in the northern region of Mumbai, Mira Road is a suburban area that is fast developing into becoming a residential catchment area. Its seamless connectivity has attracted many real estate developers who are now coming up with many residential projects. A property at Mira Road that was initially barren is now dotted by many multistorey building.

Seamless connectivity
Proximity to the Western Express Highway and the International Airport has captivated many young home buyers’ mind. The presence of many arterial roads like Ghodbunder Road has eased access to other neighbouring areas like Thane and Navi Mumbai. The physical infrastructure developments initiated by the MMRDA () like widening of existing roads linking Bhayandar and Gorai has lured many home buyers to invest here. The proposed project to create a bus corridor along the Mahim and Mira Road stretch has roped in a lot of investment. The demand for apartments for sale in Mira Road have shot up thanks to easy connectivity to established areas like Navi Mumbai, Mumbai and Thane.

Developing social infrastructure
The presence of many schools and colleges like MIIT Institute have engaged many families to shift their base here. The proposition by the MBMC to improve the basic civic facilities has pushed capital values of apartments here. The plan to have more fire stations and up-gradation of the existing storm water drain systems have lured many local and national real estate developers to invest here. Apart from all these facilities, builders are luring potential home buyers by offering world class amenities like round the clock water supply, gyms, 24x7 power backup and a lot more.
The presence of many reputed healthcare units have attracted many retired personnel. The developments along the commercial belt have created the perfect blend of traditional and modern day amenities.

Appreciating property prices
Apart from offering good social infrastructure and great connectivity the locality provides an array of housing options. According to a recent report there are over 20 new upcoming projects in the area that range from being affordable to mid-segmented to even ultra luxurious. With there being an inherit demand for 1 BHK apartments for sale in Mira Road, an array of builders are offering home that fall under the budget of Rs 50 lakhs. According to data, capital values of apartments have escalated over 35 percent in the past two years. The current ongoing prices for homes are expected to hover anywhere between Rs 7,100 and Rs 7,900 per square feet.



Sulabha is a real estate expert and consultant from NCR. She deals with analyzing trends in the market of residential apartments in noida and commercial properties in Greater Noida

Why now is the best time to buy apartments in Vandalur

Vandalur is located in the south western part of Chennai. This micro market which was famous only for being home to the Arignar Anna Zoological Park is now making real estate waves. It is quickly earning the reputation of being one of promising real estate destinations in Chennai. So much so that there is increasing demand for properties such as apartments in Vandalur.

Several factors have played an important role in the rise of Vandalur real estate. Several infrastructural projects have improved the growth trajectory of this area.  Any area which has an important road running through it or lies close to a road of importance does well in terms of real estate. This is true of Vandalur as well. The Outer Ring Road is located in close proximity to this micro market. This road connects Vandalur to Nazrethpet. Areas which are located around this road are experiencing exponential growth because of the seamless connectivity that this road offers. Vandalur will also be home to a bus terminus which will be built upon 65 acres of land. This has attracted the interest of buyers and builders alike in plots for sale in Vandalur.

The going rate for apartments in Vandalur stands at INR 3600 per square feet on average. This is a dip of 26% when compared to the previous quarter when the prices stood at INR 4800 per square feet on average.  About a year ago, in the third quarter of 2013 the going rate for these properties stood at INR 5900 per square feet on average. The property rates have dipped by about 39% over the last year. The going rate for properties such as independent homes and villas stands at INR 3500 per square on average. About a year ago the going rate stood at INR 5800 per square feet on average.

There is maximum demand for 2 BHK apartments in Vandalur. This is followed by 3 BHKs. The most in demand unit size for apartments here falls below the 500 square feet range. This is followed by the 751 to 1000 square feet range. Buyers are willing to spend anywhere between INR 10 to 20 lakhs on properties here. This is followed by the INR 20 to 30 lakhs range. Per square feet buyers are willing to spend an amount which is lesser than or equal to INR 2000 here. This is followed by the INR 2501 to 3000 per square feet range.

Properties such as apartments in Chennai are attracting the Information Technology population which is working in the IT hubs in OMR. This is because the area is well connected to OMR. Since the area is located on the junction of the Vandalur Kelambakkam Road which connects the GST Road and OMR Road. This has been very advantageous for Vandalur. The Vandalur Kelambakkam Road in itself is being considered as a corridor for growth with a lot of developers coming up with projects along this stretch. Taking all these factors into consideration, one won’t be wrong in investing in properties such as properties in chennai.

How to make the right real estate investment choice in Chennai

Chennai real estate market has been one of the key markets in the entire country, showing immense growth and future potential for buyers and investors alike. Properties in Chennai have witnessed over 32,800 new launches of residential units and the absorption of these projects have been close to 22,700 according to a report by Jones Lang LaSalle. This rapid rate of absorption was mostly observed in the IT corridor of OMR (Old Mahabalipuram Road). This conservative market today is completely driven by end users, in spite of the many slowdowns that occurred last year. Economy and the political scenario played a major role in this too.

Today the market in Chennai is such that there is only very limited opportunity to construct budget independent house for sale in Chennai, in spite of the demand generated. Also what is considered affordable in Chennai might to relative to any other city. It might more or less depending on the city and its real estate sector. With further improvement in infrastructure and attractive prospects for healthcare and educational sector continuously growing, Chennai has emerged as an attractive investment prospect in all of south India. Here is how you need to make smart investment choice in Chennai


1.    Fix on a budget- It is important to decide how much you are willing to spend for your real estate investment. As this will narrow down the search for you immensely.

2.    Do you research- Do a thorough background check of the locality, apart from doing internet research you must also visit the locality if possible to see two important aspects, physical and social infrastructure and public transport and connectivity in general. Also additionally if you have any other requirements like school or a college, you must consider looking at localities accordingly.
3.    Decide if you are looking for property for investment or for personal use—it is important to know how and where to invest and to decide that one must understand the implications of investment in any region. Also if you are looking to invest for the sole purpose of reaping good resale value, then you approach and the localities you look will be different and if you are looking to invest for personal use, then the set of localities to look at may vary considerably.
4.    Identify growth pockets- “Infrastructure is being developed to suit the needs of various industries that are setting foot into the city. Focus is on the Outer Ring Road (ORR) were the Phase I (Vandalur to Nazarthpet – NH 4) has already been completed. ORR Phase II where land acquisition is in advance stages will boost the real estate activity along this corridor. Chennai and its adjoining cities are among the best for primary and higher education in the country today. Healthcare and medical facilities in the city are also among the best available in the country. Development of new hospitals, schools, malls and multiplexes in the emerging locations are all stimulating growth for the city’s residential real estate industry.” Explains Sanjay Chugh- Head Residential Services JLL India

After these important steps all you have to do is hunt for properties in the given region. Investment decision is a crucial one, therefore take your time and invest in the right project. Properties in Chennai and the real estate market is showing positive signs and is project to grow manifold in the next decade.

Invest in apartments in Noida for gain good returns

Focusing on the National Capital Region the expert analysis suggests that there will be a 10 to 15 % increase in the capital and rental values on an average here. Especially regions like Noida and Noida extension will benefit greatly from this price appreciation. Property in Greater Noida will be a priced commodity for investors and builders alike. Manish Agarwal of CREDAI NCR said to a leading newspaper that, "A number of reasons could be attributed to Noida and other Delhi-NCR real estate investors shifting to Dubai, for most of them, it was higher rate of return and stable policy environment there. Same investors are returning to Delhi-NCR real estate market expecting a healthy growth here on the back of new government at the centre."

Ready to occupy flats in Noida and Greater Noida have shown a steady demand. The reason why ready to occupy flats in Noida is much more popular than investing in an upcoming flat is because of the many delayed projects and fraudulent activities that has plagued the entire national capital region immensely. Absorption of these flats is definitely higher. This also affects the prices and overall capital value of property in Noida.

Noida today has expanded into Noida and Greater Noida or Noida Extension and there are various plans by the government to allot land for commercial and residential real estate purposes. Although the prices in Noida are high, prices in Greater Noida or Noida Extension is relatively cheaper. This can prove to be a good investment option for home buyers who are not looking to spend and extravagant amount of money in buying a home. This also a popular rental market with a number of industries around the area. The rentals that you fetch now might be low but in the next four years the area is going to be developed with a number of upcoming physical infrastructure projects, connectivity being one of the major drivers.

Neharpar-Delhi NCR’s affordable housing haven

Neharpar also known as Greater Faridabad is a micro market which is nestled between Noida, Gurgaon and Delhi. This area falls under the planned development category. Sectors 75 to 89 are a part of the Neharpar area. The area is known as a hub for affordable housing in the Delhi NCR region. Projects in Neharpar squarely target the middle class buyer especially those who are working out of Delhi, Noida and Gurgaon but cannot afford to purchase homes there.

There are a slew of infrastructure projects which are coming up in Neharpar. There is the Kundli-Manesar-Palwal (KMP) expressway which will connect Neharpar to Sonipat (Kundli), Gurgaon, Palwal, and Bahadurgarh. A 3 kms flyover between Delhi and Faridabad is almost complete and will help in easing congestion along this stretch. The new Master Plan for Faridabad proposes to increase the number of sectors in Faridabad to 171 for the existing 101. Most of these new sectors will come up in Neharpar. The Haryana Urban Development Authority has also planned to improve the connectivity within Neharpar with a series of sector roads at a cost of INR 10 crores. These are some of the reasons why properties such as 3 BHK apartments in Neharpar are in demand.

Besides these projects, there is one other development that will have a major impact on the realty prices here. Faridabad is set to get Metro connectivity through a line from Badarpur to Faridabad’s YMCA Chowk. This project is expected to be completed by September 2014 and it would cost the government INR 2,494 crores according to reports. The project will cover a distance of 13.875 kms and will have nine stations. Once this metro comes into play, those living in Faridabad and Nehrapar will be able to reach important commercial and industrial areas all over Delhi with ease. Metro lines not only bring in enhanced connectivity, it also increases the going rates for properties. A property could easily appreciate by 20 to 30 % over time if it is within a 2 kms radius from a metro station. Projects in Nehrapar will benefit from this metro connectivity.

The going rate for properties such as 3 BHK apartments in Neharpar is between INR 2500 to INR 4000 per square feet. Builders such as Omaxe Group, BPTP, Puri Constructions and Era Landmarks have big projects here. Though Neharpar is known for its affordable prices, there are projects present here which can cater to the high end segment. Individual houses, villas and row houses are present here. There are still large parcels of land available here. BPTP has in fact acquired 2000 acres of land here and is constructing a project called BPTP Parklands. This project is spread across 1,706 acres.

Most of the infrastructure projects here would be completed within a time period of 2 to 3 years according to recent reports. Once these developments kick in, the rates for projects in Neharpar would appreciate. So keeping all these factors in mind one can purchase properties in Neharpar confidently.

Author Bio:
Sulabha Kulkarni is a freelance writer and an avid blogger, following the property in greater noida, flats for sale in greater noida and real estate sector closely for many years. Her areas of expertise are finance and real estate sector in India

Miyapur-Hyderabad's developing Realty City

Post by Sulabha

Miyapur, the most popular area of Hyderabad real estate and near the HITECH city- Hyderabad Details Technological innovation Technological innovation Company Town. Located in the Rangareddy region of western Hyderabad, and Madhapur has also modified from being a small bumpy township into a well known IT and BPO hub now.

Not only this, but Miyapur is well linked with many significant areas of the town. It is very near to the Durgam Cheruvu or Durgam Pond and is distribute across 151 miles of area.

Modes of transportation here consist of the APSRTC vehicles that ply from Madhapur to other significant places. The closest MMTS practice support is at the Hitech Town place, which is just about a distance away. Other than this, there are also many vehicles and shuttle support vehicles that link Madhapur with the relax of the town. In all, the existence of the IT hub, outstanding connection features and the primary place have given improve to many personal apartments in Madhapur.

All the above being said, Madhapur is well prepared with other significant features such as educational institutions, universities and other enjoyment methods. These consist of the DVR PG Institution of Laptop or computer Programs, Apollo Higher education of Medical, Orchids- The International University, Hansel University, National Institution of Style Technological innovation (NIFT), Aryan Younger Higher education and International Institution of Details Technological innovation.

With all this in place, agents have began discovering the actual estate property here and also observe a rise in the apartments in miyapur. Also, the plots of area in Madhapur are being quickly designed into professional businesses due to the earnings and high investment earnings.

Many well-known designers have designed their qualities in this locality; some of them consist of, Orange Shrub Apartments, Jaihind Enclave, Gowri Tulip glasses, Sri Venkateshwara Real Estate, Manjeera Team, Ramky Properties, Suma Top level Apartments and many more. The personal apartments on the market in Miyapur are discovered to be in the variety of Rs 4251 to Rs 6000 per sq ft. The beginning price of 1BHK in Madhapur will be around Rs 17 lakhs. Reasonable costs, top category facilities and good transportation have continuously improved the requirement in the personal principles of this area and it is predicted to stay the same in the long run. For more information on Hyderabad real estate and apartments in Hyderabad visit indiaproperty.com

Tips To Sell Your Apartments for Good Profit at Short Period

Post by Sulabha

Is time to sell your home while moving out to a new land? Some might feel that time and season isn’t come yet but for real estate, there’s no season at all. To clear this, let’s have a quick look at few ideas or some great practical suggestions here.

When a seller puts his home on the market to sell in November through March, generally it becomes old inventory whereas, the other months work well. Bear in mind, the longer a home has been on the market, less the offering price.  Say, you have a Hyderabad Apartments for sale and posted in the monsoon season time of June, July…many visit that place and it works.

One of the best ways to get excellent benefit but in short time period is costs it a little bit less than other similar houses.  Simple! This will obtain interest of many as it looks like it is the best value.  If you get a great cope, you take management of it either to agree to or decline the offer; let your agent bear in mind that you like at the least 3 days to consider the provide for further price security.

It's always your choice: “For Sale by Owner” or choosing an agent. But recommended, never price it lower than a realtor's suggested price as you would not be gaining anything for your troubles and many risks that goes with selling your property.  There are many hoops to go through being owner that you might not be aware of in order to inform your buyers.  Believe me Indiaproperty can make your job done in no time to purchase properties and regardless to crisis  So, the need for qualified and skilful realtor should give you a better chance of selling your home for more money in less time than if you chose only one sales person, YOU! And Indiaproperty  is the right choice for your Builders in Hyderabad. 

While this is just my piece of suggestion, whom do you think to depend on? Feel free to share your thoughts.