Category Archives: India Real Estate Developers

India Real Estate Developers

DLF “The Crest” in Sector 54, Golf Course Road, Gurgaon

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Here is a strategically located high-potential residential real estate investment opportunity by DLF.
“The Crest” in Sector 54, Golf Course Road, Gurgaon.

Overview:  Total 6 Towers, i.e. 2 Blocks with 3 Towers on each side, sunken pool, club, etc. spread out between two blocks on either side.  Lift Lobby providing a grand entrance experience and comfort, as one arrives and departs from the apartment.

Proposition:  3/4 BHK High End Luxurious Apartments. Choice of “3 Bed Rooms  + Servant Room” and “4 Bed Rooms + Servant Room”

Location: Strategically located on Main Golf Course Road Located at a close proximity to DLF Golf Links.  Only 14.7 km drive from the Delhi International Airport. Surrounded by super comfort estates and multiplexes . Set amongst one of the best addresses – DLF Golf Links, DLF City, Phase V, Gurgaon

Developer: DLF 60 years of track of sustained growth, customer satisfaction, and innovation. Company has 340 msf of planned projects with 55 msf of projects under construction. Developing 22 major colonies in Delhi, DLF is now present across 15 states-24 cities in India. Continue reading DLF “The Crest” in Sector 54, Golf Course Road, Gurgaon →

India Real Estate Developers, India Real Estate Investments, India Real Estate Opportunities, India Real Estate Prices

Gurgaon Property Investment – The Corridors by IREO

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https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcSuYUJfseMRDBjDp6HCIITZ8CzwyAqm0ftpzqfgJT2URcVzm-g_7wDear Friends, if you are looking to invest in Gurgaon property, here are the details of a promising real estate investment opportunity in Gurgaon by IREO.

Overview of “The Corridors” by IREO
Ø Condominium Complex with 2,3, 4 BHK apartments
Ø Location: Sector 67 A, Golf Course Extension Road, Gurgaon
Ø Design: Designed by Arcorp, Montreal & landscaping by Craknell
Ø Towers: G+12 & G+18 Floors
Ø Project Area: 41 Acres with 25 Acres Open Area, 12 Acre dedicated Green
Ø Developer: IREO is a reputed developer with a good track record in execution, and huge land bank in Gurgaon prime upcoming area, Golf course extension road.
Ø Specifications: Perimeter Security, Air-Condition in All Rooms, Modular Kitchen with Chimney & Hob, Imported Marble in Master Bathroom Continue reading Gurgaon Property Investment – The Corridors by IREO →

India Real Estate Developers, India Real Estate News, India Real Estate Prices, India Real Estate Trends

Annual Letter from HDIL (Housing Development & Infrastructure Ltd)

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Here is the Chairman’s annual letter from HDIL (Housing Development & Infrastructure Ltd), one of India’s leading real estate company with a strong base in Mumbai metropolitan region (MMR), having a successful track record in every kind of real estate project. The letter offers a good perspective to real estate investors like us.
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Dear Shareholders,

The year 2011-12 was a year of major economic upheaval, marked by sluggish growth, global uncertainties and low market sentiments. The real estate sector in India was severely impacted by the liquidity
crisis, high inflation, slowdown of growth, consumption and investment cycle. The slowdown in the economy and the rise in real estate prices during previous years plummeted demand across all segments of the
sector leading to a decline in overall growth in Real Estate sector during the year.

The Reserve Bank of India (RBI) increased the interest rates, to restrict inflationary forces and to curtail excessive spending. As a result, the cost of borrowings also increased thus affecting the
overall performance of the sector and thus needless to say, the industry cannot be completely immune to such repercussions. Residential segment of Real Estate saw curtailed demand due to rising mortgage
rates. Changes in regulations within Mumbai and its development control regulations also contributed to the delays in its approval processes. Continue reading Annual Letter from HDIL (Housing Development & Infrastructure Ltd) →

India Real Estate Developers, India Real Estate Investments, India Real Estate Opportunities, Indian Real Estate Laws

Can NRIs buy commercial real estate in India?

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One of the most common questions we get is: Can NRIs buy commercial real estate in India?

Answer: Yes, NRIs buy commercial real estate/property in India. Under the general permission granted by the Reserve Bank of India (RBI), NRIs can buy/acquire property other than agricultural land/farm house/plantation property, provided the purchase consideration is met either out of inward remittances in foreign exchange through normal banking channels,or out of funds from the purchaser’s NRE/FCNR accounts maintained with banks in India and a declaration is submitted to the Central Office of Reserve Bank in form IPI 7 within a period of 90 days from the date of purchase of the property/final payment of purchase consideration.

You have to understand from where the Govt/RBI is coming. The country’s core assets like agricultural land has to be protected from large amounts of foreign capital acquiring large chunks of such land. RBI has no problems for buying regular commercial property in cities. As an NRI, your best bet will be to buy commercial property in India from reputed developers like DLF, IndiaBulls Real Estate, Orbit Corp, Marathon Nextgen etc.