Real Estate Investment 2015

Looking for a good residential property to invest in, but rising real estate prices is spoiling the party. Nip your worries in the bud; our highly researched suggestions will help you choose best property.

It is a common perception among investors now days that the real estate prices will take a plunge after sometime, contrary to reality. The economy is witnessing tremendous changes and is on the growth spree. Indians continue to gain purchasing power and the prices of the real estate is expected to rise further. Research has shown that 2015 Real Estate Investment property prices have outperformed currency & bonds and equities.

It has been observed by experts that share prices fluctuate heavily compared to Real estate prices. And, the real estate market gives good returns and keeps the money of investors safe. Commodity market and real estate market provides safe investment options. Though investing in real estate is an awesome option but one need to be cautious while investing in it. It is essential to check track record of the real estate developer and verify the status of its current and past projects.

One should refrain from making his decisions on calls or alluring ads. There are many real estate builders out there who are fabricating new lies every day to catch an innocent investor. The best way to be safe while investing in real estate industry is to invest in properties that are offered by reputed builders. As it is hard earned money of customers.

Prices in the real estate industry do not fluctuate drastically. Hence, it remains a good investment option for investors. Let us look at some residential property in Noida options near proposed infrastructure projects such as highways, expressways, and metro stations.

Jaypee Wish Town Noida is an opulent residential project. The project offers posh apartments with Mind Blowing Bollywood themes. It has got Bollywood Theme stairs, State of the Art Amphitheater, red carpet entrance and grand Lobby. You may choose one awesome Bollywood theme out of 5 themes for your Master Bedroom.

The developer also offers ONE TWO KA FOUR Jaw Dropping Offer- No floor PLC, Each Week -4 Movie Tickets Absolutely Free, House Full Scheme and Get Free Bollywood Theme for your Master Bedroom.

Paras Tierea Noida offers luxury 2, 3, 4 Bedroom Apartments with grand specifications. Located in the center of Noida, the project is spread over 50 acres of area. Loaded with premium amenities, the project is located closer to nature.

Ajnara Grand Heritage Best project from the investment point of view due to its strategic location. The project is situated in Sector 74 Noida in close proximity to Noida City Center Metro Station. Noida-Sector 18 and other recreation areas are located closer to the project.

Loaded with Eco friendly management systems, the project is exactly situated at Plot No 17, Knowledge Park V. Exclusive swimming pool; State of the art clubhouse, round the clock security, Jogging Park and Proper waste disposal system are available modern amenities at the project. This eco-friendly residential   project is awesome investment option for investors and end users who are conscious about nature.

For Property Related Queries feel free to call us at 9871664488 and do remember to visit us at http://www.umangestates.co.in

Tips for First Time Home Buyers in India

Real estate has seen a huge development in past few years. Most of the prominent builders in India have shaped the dreams of lakes of home dreamers.

Go slow
Do not be quick in closing the deal. Take sufficient time to think, to search for the right property and take your steps further with caution. Look for right property in right location at right price. Most of the real estate players offer bumper discounts just to grab potential customer’s eyeballs, be aware of any such advertisements. Check thrice about such kind of discounts.

Credit Score
ensure you do not ruin your credit score by missing debt payments. Try to avoid new debts by cultivating a proper financial discipline. This will help you fetch a hassle free home loan.

Home Inspection
Home inspection is must. Personally inspect the property, check the tap knobs and drainage system. Make sure that there is no plumbing leaks and water leak in the wall.

Check Conveyance Deed/ Sale Deed/Agreement
Kindly go through the Sale Deed/Agreement thoroughly. Check what apartment has been allotted, Apartment Size, Date of possession, penalty amount if the project is delayed and specific tower number.

Complete details of super area, carpet area and covered area.

Once the conveyance Deed is registered or the possession of an apartment is given only then the sale transaction is registered.

Documents & Legal formalities
you require documents such as Pan Card, Driving License, Ration Card/ Voters’ ID card/ Passport while buying an apartment.

Stamp Duty and Service Tax on the total amount of the property (in case buying a fresh property). Whereas if you are buying a resale property you save a huge amount as you do not pay any taxes.
Emergency Fund
Once you buy an apartment, move in, so many extras spike up. And, to take care of those moments you need an emergency fund. You may see few months going tough due to huge spending after buying a flat.
Required Approvals make sure that the builder has got all the required approvals from the local bodies and authorities. And, to know that you should see if reputed financial institutions funding the project.

Take a Relative or Family Member Along

It would be better if you take a relative or family member along while meeting a real estate agent. Two heads are better than one. He/ she can ask real estate agent few questions that you may give a miss.

Home Insurance Policy
and, now last but not the least grab a home insurance policy. Remember your home is one of your biggest investments and to safeguard it is your prime responsibility. It brings peace of mind and covers theft and natural disasters. Search http://www.umangestates.co.in and get details about Property in Noida

Delhi NCR Real Estate Market Overview

Real estate development is one of the critical drivers of economic development and also considered as the backbone of the country’s infrastructure. The sector has also helped IT, ITES (IT enabled services), hospitality, entertainment, and retail sectors grow by leaps and bounds.

As we all know that Delhi NCR is one of the best destinations in India and when it comes to business opportunities and job opportunities, this region has been offering numerous opportunities to the deserved talent. Delhi NCR region has been playing a dominant role in the economic development of the country. The region is spread over total area of 34144 Sq. Km approximately. The periodic returns on the investment and rate of appreciation are high in this area.

Delhi NCR Real estate market is seeing positive developments due to various reasons. Some of those reasons are migration of people towards urban areas, Rise in nuclear families, easy finance availability, continuous growth in population, huge job opportunities in service sectors and growing income levels.

And, that is the reason it is one of the most preferred destinations for investments.

Let us look at the trends in Delhi NCR Real Estate market. In late 2008, the real estate sector was significantly hit with the US Financial downturn. There were negative sentiments in the real estate sector and financial sector during those tough times.

However, the realty sector experienced a pickup in demand during the first half of 2010 across metro cities such as Mumbai, Chennai and Delhi NCR area like Noida, Ghaziabad, Gurgaon, Faridabad, and Delhi.

The current real estate market that is highly influenced by economic cycles is seeing mixed trends. In some of the areas, the sector is riding high whereas some of the areas are not seeing much improvement on the economic front.

Overall Delhi NCR Real Estate Market Overview is great as far as demand and supply is concerned. The construction quality of the projects is good when it comes to trusted Builders such as Jaypee, Gulsan, Paras etc. However, some of the new players and inexperienced builders lack trust and transparency in their business operations.

With the developments being made by Modi Government, Indian real estate market is expected to see positive developments. It is going to attract huge investments from both domestic and foreign investors.

www.umangestates.co.in suggests that customers and investors need to stay cautious while entering the real estate market due to largely unorganized real estate sector.

Moreover, it is also es sential to evaluate the performance of the real estate developers. Investors and end users are advised to check the track record and completed projects of the developer. We feel it is required considering risk factors and volatility in current real estate market.

The real estate sector in India has come a long way since the liberalization of the economy. Owing to current trends and sentiments, this sector is going to make a big difference in the country’s economic status thereby raising the rate of appreciation and investment returns.

Why you should invest in property in Noida

Noida is one of the quickest developing zones encompassing Delhi and has seen huge development of the realty showcase too. Real Estate Noida business sector offers a few energizing prospects for first time home purchasers inferable from all the favorable circumstances on offer. Interest has expanded in Noida inferable from a few alluring private buildings and lodging plans that are being taken off by driving designers here. Nearby, individuals are quicker on putting resources into real estate property in Noida by virtue of the exceptional yields offered in a generally shorter compass of time. More infrastructural advancements are occurring in Noida and are in charge of costs shooting up to inconceivable levels a couple of years back. Subsequently, purchasing in Noida is dependably a gainful recommendation whenever till costs at last settle something which realty market specialists don’t see happening in the prompt future in any event.

Capital thankfulness in Real Estate Noida business sector has been seen crosswise over very nearly 75% of all territories being produced by the Noida Authority authorities. A few administrative activities have likewise shored up Noida’s general charm as a suitable speculation destination.

Multi-level auto stopping offices are being centered around by the powers alongside more lifted bars, flyovers, underpasses and scaffolds. These activities will unquestionably prompt an acceleration in estimation of incalculable Noida properties in the following couple of months. A way breaking super strength kid healing center is likewise slated to be built in the city alongside a top postgraduate organization. A pathway is likewise being assembled that will keep running from the Botanical Garden metro station to Sector 18.

Properties have as of now turn out to be more lavish upon the increment in area designation rates to 10-12% which will surely affect purchaser request a bit. The choice has been taken by the Noida and Yamuna Expressway powers yet business property rates won’t be expanded because of a proposed revision in this area. The Yamuna Expressway will see the most astounding rates of 12% while Greater Noida rates will stay unaltered. On the off chance that you need to dodge the approaching pocket squeeze and appreciate the advantages of infrastructural advancement, you ought to surely hope to book your property at the soonest!

How to Search Right Rental Property?

These days it is really tough to search for a right rental property. But no worries, in this digital age it is apt to take our rental property search online. It is much easier to find property online rather than searching offline. You not only save on time but you also save a ton of energy.

What are your requirements in rental home?

First and foremost thing to do is to identify your requirements in the rental home. Do you need 3 bedrooms or 2 bedrooms in rental home, depending upon the size of your family. You may need a spacious balcony or a rental home at strategic location.

Once you are ready with your requirements you can go ahead with your rental home hunt online.

Let us go through the available features at the site that will help you find exactly what you are searching for in a rental home.

Basic information

 Opt for desired option in given search parameters-

 1) What city you want to live?

2) Add more location (Area)

3) Property Type

(Apartment/Flat, Independent/Builder Floor, Independent House/Villa, Studio Apartment, Serviced Apartment, Penthouse or you can simply choose All Residential option)

4) Select BHK Option

(1 BHK, 2 BHK, 3 BHK, 4 BHK, 5 BHK, >6 BHK or you can simply choose Select all)

5) Price range- Minimum to Maximum

6) SEARCH- And finally just hit the search button and get your desired rental property.

This basic information will help you search your right real estate property sell in noida rental property. After the data processing you will find the right rental property.

The search result will show you the rental property with address and the rent amount. It will show you the size details and other details such as furnished or unfurnished flats and the number of bathrooms. You will find the pictures of the rental property, property ID and posted date.

Thereon if you click on view detail you will find further details such as number of bedrooms, balconies, number of floors and built up area.

So, if you are interested in the rental property, you have to call at the mentioned no. 9871664488. Hunting for a rental property online is the cakewalk for you now, thanks to findmyghar.com. Follow the given tips and find your dream home right now.

Investing in Property in Noida v/s Gurgaon, Which is Better ?

As an investor when one decides to purchase a property in NCR, New Delhi generally becomes out of bound, due to exorbitant costs (except for localities like Dwarka and Rohini, which are otherwise low on infrastructure). It generally boils down to a big fight between Property in Gurgaon or Noida (includes Greater Noida, Greater Noida west and Yamuna Expressway), if the budget is low one has to look at Kundli or Bhiwadi. The Real Estate Sector in India having seen a slowdown in the past 3 years and still reeling under it and will take some more time to recover (depending on the location may take from an year to two.Three years back, the consideration- whether to buy Property in Noida or Gurgaon, back would have had a straight answer “Gurgaon”, however with the changed perspective and circumstances an investor needs to give a relook and then take the final call. The major factors we take into consideration while going in for an investment in residential property in India are, the budget, liveability factor and return on investment.The above benchmarks are affected by a number of different aspects, let’s look at these then take a call, as to whether to invest in residential property in Gurgaon or Noida.

Infrastructure, the primary aspect which affects investments in Property in Noida and Gurgaon –

• Extrinsic Road Connectivity. Gurgaon essentially connects to New Delhi through NH 8 on one end and Jaipur on the other. The Northern Periphery Road as and when it comes up, would provide the second connectivity to Delhi at Dwarka (now called the greater Gurgaon). On the other hand, Noida is connected to Delhi on three different axis as also to Ghaziabad through expressways. The Yamuna expressway provides it connectivity to Agra and beyond. The Extrinsic road connectivity is much better of Noida as compared to Gurgaon. This factor will have a huge impact on return on investment on Property in Noida in years to come. Noida-Greater Noida road which is under advanced stages of construction will provide it an alternate connectivity to Noida City Centre as well as Ghaziabad, thus provisioning a ring connectivity.
• Intrinsic Roads. As far as the roads within the municipal limits are concerned, again Noida is much better planned. Both Noida and Greater Noida have been developed in a systematic manner with well laid out and clearly demarcated sector roads having green belts. The biggest advantage Noida and Greater Noida have is that the infrastructure in terms of roads, lanes and by lanes has come up before the development of real estate, on the other hand in Gurgaon the road infrastructure has come up much later and therefore is ill-planned.  This gives a huge push to the liveability factor to Property in Noida.
• Metro Connectivity.  Here also, Noida has the advantage. The approval for extension of Metro to greater Noida on two different alignments has already been granted by DMRC and fund allocation carried out,  this would connect all sectors of Noida and Greater with the public transport system of NCR. Though Metro in Gurgaon is functional till Huda City Centre, and Gurgaon can boast of a private metro service within the city. There are number of sectors which remain unconnected with no planning at all. Though the extension of metro is a part of the Master Plan 2031, the implementation would take another 4 to 5 years. This gives an advantage to the liveability index of Property in Noida.
• Airport. Gurgaon claims the International Airport because of the municipal limits and no doubt that Property in Noida has a great disadvantage to that effect. However The construction of an International Airport at Jewar (21 KMs from Formula 1) has been given a lease of life by Mr. Mahesh Sharma, the Minister of State for Civil Aviation. But this would take another 5 to 6 years to fructify , in case approved.
• Education.Gurgaon has a number of “branded Schools”, however it lacks higher education infrastructure in terms of colleges and universities, the nearest being either next to Sohna or Manesar. On the other hand Noida not only has a better school education setup but also has well known Universities like Galgotia, Gautam Buddha University, Amity and new cones coming up, the Times Group recently launched the setup of the biggest university in Greater Noida. Noida is much organised even on the vocational training aspects.  Again a factor which adds value to Property in Noida.
• Health Care. Both Gurgaon and Noida have a decent health care infrastructure, with all major hospital chains having their presence (after all, health care is a serious business now). However, Noida may win hands down on the affordability factor of the health institutions.

 The ‘Oomph Factor’ between Property in Noida and Gurgaon – 

• The ‘A La Carte’. On one hand Gurgaon can take pride in ‘Kingdom of Dreams’ and flamboyant malls, but Noida has the Formula 1 track to talk off.The formula 1 is now getting a international cricket stadium next to it as well.  The project for setting up the first night safari in India on Yamuna Expressway has finally taken off with Greater Noida Development Authority having called in the request for proposal. Probably the oomph factor of Property in Noida may just catch up with that of Gurgaon, in years to come.
• The MNC Factor. One huge factor which has been in favour of Gurgaon has been the presence of MNCs, which was also responsible for the real estate boom in Gurgaon. Even this is changing, the exorbitant lease costs, coupled with cost cuttings and poor infrastructure are forcing MNCs to shift base to Noida. This again will provide tremendous flip to the cost of Property in Noida.
• Law and Order Situation. This is an issue of worry for Noida and probably the single most important factor which accounts for the comparative mismatch of costs of Property in Noida and Gurgaon.

 Return on Investment: Property in Noida. 

With property rates still as low as INR 3000/- to 6000/- per sq. ft. the time is right to invest in Property in Noida. Noida (Greater Noida, Greater Noida West) as on date has the lowest property rates compared to other suburbs of NCR i.e. Delhi and Gurgaon. Noida, with high value infrastructure projects lined up, the property rates are going to soar in years to come yielding much higher ROI as compared to other parts of NCR, where the property rates have already reached their peak.

With better infrastructure and comparatively low costs of Residential Property in Noida, it makes better investor sense to put your stakes in purchasing Property in Noida.

Be wary of the Hidden Charges while Buying Property in Noida

Hidden Charges increase the actual cost of the property; therefore, it’s better to keep in mind these charges while preparing the budget for a new property.
Buying a property in Noida is one of the most important decisions for those who want to settle in the Noida. The buyer goes out of his or her financial capabilities and prepares the budget to buy the property. But often, the buyer ends up paying extra which he or she does not realize. There are a number of extra charges in the form of extra taxes and other fees which comparatively makes the property much costlier than its actual price. This extra amount other than the actual cost of the property hurts the buyer’s pocket as it gets out of the buyers allocated budget for the property. Hence, the buyer needs to be aware of these hidden charges to prepare the budget accordingly, before investing in a new property.

Sale house and calculator

1. Stamp duty and registration fees: 
Getting a property in Noida registered is an important aspect in the property buying process. It is a final agreement between both the parties that indicate the change in ownership of the property. In order to get the registration done, one has to pay a certain amount to the government. The registration form costs a particular amount, depending on the total property value. Though the charges for stamp duty and registration for Property in India varies from state to state, but usually it is between 4%  to 10%. Typically, in a majority of the states, this registration and stamp duty fee adds up to 5% – 14% of the cost of the property. In addition to this expense, there is another registration fee that is payable to the court which differ from state to state and varies between 1% to 2% of the value of the property.  And, above all, there are additional costs that include lawyers and notary fees, who get the agreement done in the court.

2. Service Tax:
The service tax is applicable on the purchase of any property in India that is under construction. The imposed service tax is 12.36% of the 25% value of the under constructed property for constructed property service Tax is not applicable.

3. Preferred Location Charges (PLC):

The term preferred location charge, commonly known as PLC refers to the extra charge that is levied from the buyer to buy property in Noida in their choice of location. This is applicable specification in a house complex, layout or residential community. Through this charge differs from builder to builder and project to project, property facing the garden, main road or corner is charged extra owing to a PLC. PLC is also applicable floor wise.

 

4. Transfer Memorandum:

Noida authority gives land to develop projects only on leasehold. So anyone who buys a property in Noida will actually own it for 99 years & the authority technically remains the first owner. However, even under lease hold, one need to get the property registered in his name. The lease of such property is usually renewed after the term is over.

The seller has to file an applicable to the Revenue Officer in the authority office requesting permission to sell the property or transfer of lease. The authority charges the transfer Memorandum fees at 5% approx of the circle rate.

5. Utility Charges:
The charges referring luxury amenities or those linked with the building come under utility charges. This includes parking in open or closed space, clubhouse membership for a lifetime or yearly, firefighting provision, electrical and various other charges associated with Government utilities as well. Apart from these there are other charges involved while buying property in Noida such as maintenance, security charges, and others also. Security charges refer to the expense for employing security personnel, installing and maintaining security arrangements like CCTVs camera, intercom among others. These extra charges add up to the initial cost of the project in a huge way and become a burden on the shoulder of the buyer.
5. External Development Charge (EDC):
EDC is usually meant for the maintenance of roads, water, sewage, electric supply, lights and development of the surrounding area. It varies from location to location and adds up to 10% of the entire cost of the project. This charge is levied by the development authority on the builder, but it is passed on the buyer adding an additional burden on them.

6. Lease Rent: Since the Authority allots the land to the developers on lease, therefore the developers are required to pay lease rent to the Authority. Like as in the case of EDC, this lease rent is also passed on the buyer an additional burden on them.

Role of Property Consultant in India: UMANG ESTATES

Whether you want to buy a property or rent one or even want to sell your property the role of property consultant is important. As the name suggest, property consultant are guys that deal in property weather is buying, selling and renting, in India there are large the property consultant that you can find in almost every locality. All these are the property consultant for a local area or the surrounding areas. There are some property consultants that deal in property in a wider scale than local ones. Property consultant in India deals in commercial as well as the residential property in term of land, flats and villas more.

There is local consultant in every area. Talking about the property consultant in Noida, these people sell out commercial as well as residential as it is in great demand there as most of the big companies have their corporate offices there. According to the market experts it is the best place to invest your money as Noida will see a major increase in the commercial as well as residential in the coming years.

Speaking of commercialization, apart from Noida corporate offices by different big companies. Office space in Noida top search items in the property category online. People are now contacting their nearest property dealers for Jaypee Greens and other part Noida for investment purpose. Many of the top MNC’s have already opened their corporate office there and are now earning huge returns.

Moreover all the places mentioned above are well connected to Noida through Noida Greater Noida Expressway and proposed metros thus navigation is not a problem. Contacting a genuine property dealer like “Umang Estates” can help you to crack the best deals from the lands owners.

Umang Estates is among the leading property consultant in Noida/NCR that deals in all kind of property like land, flats, offices, apartments, villas, farmhouse and much more. All these properties are available at a great price that will not harm your budget. The experts at Umang estate also help the customers in getting the home load on the property they are buying and converting the amount into simple EMI’s so that they can easily afford their dream home. So get your dream home or office in Noida NCR with Umang Estates, the leading real estate consultant in Noida/NCR.

Real Estate in Delhi NCR

Delhi is a capital of the country and a commercial as well as a political hub. This reason is enough to make it a popular real estate hub in the entire country.NCR (National Capital Region) includes regions like Noida,Greater Noida, Ghaziabad, Faridabad,Gurgaon and Bhiwadi and is one of the largest national regions in the whole world.

Every person in the country and also NRI has a dream to own a property in NCR, particularly in Noida. Since the entire area has vast opportunities in the service and education sector as well as easy connectivity to international airport, thousands of people flock to Delhi & NCR from all over the country for education  purpose or to earn s living. Owning to noise and pollution, and space problems in the NCR. Delhi & NCR Real Estate has witnessed a period of significant growth and is expected to sustain in future also.

Commercial Properties

Best Places to Invest

Some of the popular places where commercial properties can be bought are sector 18,Greater Noida Expressway, sector 128,DLF cyber city, sector 32.

Projects:

The current commercial market in Delhi & NCR is characterized by various new projects that were launched in the PBD area like JC World in Jaypee Wish Town. There is fluctuate price in real estate Noida.

Residential Properties:

Best places to invest

Jaypee Wish Town, as 1165 acres spooling project in Greater Noida Expressway, Paras Tierea sec 137,paras season sec 168,jaypee sec 151, wave city centre sec 32 & 25 A,wave city NH-24,Ghaziabad etc and UMANG ESTATES is the authorized channel partners and dealers of Jaypee Greens.

Projects:

There has been significant development in residential real estate in Delhi &NCR in past one year. The major contribution has been given by real estate developers like Jaypee,DLF,Wave,Mahagun etc in a regions like Noida, Gurgaon and Ghaziabad. With the expected infrastructure growth in Noida, the townships in Noida would further grow.

In Dec 2013, the blended area use arrangement was sanction by the dominant voices in Noida. As indicated by this strategy no limitation would be forced on building and creating private offices in Noida, for greatest usage of space.if we are talking about our company “UMANG ESTATES” We are autorized property consultant in Noida.

Real Estate Agents: Adding Ease to Selling a Property

Searching and choosing a right Property is a backbreaking exercise, which is made simple by Real Estate agents. The agents are the middle men that go as a guide to encourage the purchasing and offering services related to property. They are the ones who investigate all the aspects and consider every on proceeding and accepting the role.

What All The Real Estate Agents Considers?

• The Property’s Inspection- Looking at the seller’s point of view, he always seeks profit for the same. He can misrepresent the crucial aspects of his property. So the real estate agent has to inspect the property by himself to know the features/advantages and enable to know more about the seller.
• Fair Valuation of the Property- Fair valuation of the property is the most tedious task. It should be as per the market rate like if the value is too high then no buyer would be interested for the same. So the real estate agent should always make a proper valuation of the same before offering it to the buyer.
• The Property’s Advertising- The Property should be advertised extensively using different tools with all the details as well as photographs, USP etc, so that the world knows about the property.
• Presence at Each Viewing- for the successful transaction, the real estate agent serves as a bond between both buyer and seller. His presence at every visit gives an impression to both buyer and seller that he is too much sincere in rending the services for which he is charging. Real estate property in Noida work as per standards & confirm that everyone’s expectations are met.