Satyamev Jayate; Strength Of Property Portal

Real estate market in India has been taken an extensive shoot since last 2-3 decades. Hence varieties of builders, developers and dealers have entered in the market with great enthusiasm. To further strengthen the real estate market plenty of property portals are playing a vital role and proving variety of services to the investors. ‘333acre.com’ is one of the leading portals which offer ample services to strengthen the real estate market in India. 333acre is a platform where buyers and sellers can exchange information rapidly, effectively and inexpensively. There are plenty of real estate portal are available worldwide then why in a short span of period 333acre is leading over them? 333acre.com is well-poised to play a major role in real estate in India. The company has a dynamic vision for the future and ambitious and Plans to realize its vision in various sectors. Diverse residential, commercial, retail, entertainment and hospitality projects, high-caliber management and technical team are the strength of 333acre along with this there are some inimitable reasons which continuously strengthen the portal range.  A reliable online portal for best real estate deals  The most trusted business website for property deals  Easy to use and available 24×7  An interactive platform for dealer and investors  Maximizes the profit margin of dealers and developers  Listing of unlimited projects and companies  The news and information source for real estate.  Expose the fraud of real estate personalities (Dealers & Developers)  Always try to introduce unrivaled services There are some unique and essential facilities through 333acre which make it separate from other. The key strength of the portal is, 333acre always take care about reliability and versatility. The most exclusive event through 333acre “Campaign Against Fraud Builders” make it exceptional from others. At last, 333acre is first and foremost in the business which is helping people to achieve a real estate goal.

Real Estate Reality; Next Quarter 2012

he world economy is interconnected. The effect of the global slowdown and its consequences affect lives and business. As global demand for Indian IT/BPO services and other goods declined last year, the high growth in IT/SEZ did slow down. The real estate sector is quite flexible sector and will again encourage further growth in this area. The price of oil/petroleum has been fluctuating. This has caused increase in the price of the essential construction items. Steel and cement prices have risen manifold. Rising inflation has led to the RBI getting strict about lending, especially to the real estate developers, and raising interest rates on home loans. Strapped for cash, developers had to slow down construction activities. All these have led to certain lassitude in the overall real estate scenario. However, in spite of all this, the luxury segment has hardly been affected in the top metros. Looking at the current metro economic scenario, one may expect inflation to come down, and interest rate to stabilize. This will lead to an overall resurgence of the real estate demand, in the next quarter of 2012.

For Investors To Boost Property Services

The pink city Jaipur is continuously lifting-up in Real Estate Market. Infrastructural development, Metro connectivity, High-rise buildings, flyovers, hotels, and other institutional facilities like Birla University, Jagannath University, famous girls college, Dental College, Mahindra SEZ (Social Economic Zone), New Airports etc are the major source of booming this city, hence the investors are exuberantly moving here. To earn extreme revenue, the builders are promised a lot but actually the reality comes out with unusual persona. An investor should tactfully take-care about the every aspect of land to go-down the risk factor.  Land should be authorized  Government offers land to S.C (Scheduled Castes) which cannot be sell, hence the investors check-out first whether the land is related to SC or not.  Before purchased a land the investor also take care about the land is CLU or not if he want to converse it into residential or vis-a vis.  There is also checked-out the builder is Government 90A/90B certified or not.  The buyer seller agreement should also comprise with penalty clause. Believe on those who which can really move your home dream into reality, to be secure from scoundrels.

Real Estate Reality; Next Quarter 2012

he world economy is interconnected. The effect of the global slowdown and its consequences affect lives and business. As global demand for Indian IT/BPO services and other goods declined last year, the high growth in IT/SEZ did slow down. The real estate sector is quite flexible sector and will again encourage further growth in this area. The price of oil/petroleum has been fluctuating. This has caused increase in the price of the essential construction items. Steel and cement prices have risen manifold. Rising inflation has led to the RBI getting strict about lending, especially to the real estate developers, and raising interest rates on home loans. Strapped for cash, developers had to slow down construction activities. All these have led to certain lassitude in the overall real estate scenario. However, in spite of all this, the luxury segment has hardly been affected in the top metros. Looking at the current metro economic scenario, one may expect inflation to come down, and interest rate to stabilize. This will lead to an overall resurgence of the real estate demand, in the next quarter of 2012.

Indian Architectural Firms Standardize Construction Sector

Infrastructure sector is expanding rapidly as well as the construction and architectural sector are penetratingly growing too. Distinctively, a 50-member architectural firm of today would have had strength of 12 to 15 a few years earlier. As firms scale up, problems in maintaining quality of output and standards are encountered. At the entry level, architectural firms in India spend about Rs. 70,000-Rs. 90,000 per employee and in some cases close to Rs. 1.5 lakh for seeing them grows. Currently this segment faces attrition levels exceeding 50 per cent. Attrition rates are at similar levels, even at middle and senior ranks, as architects who have experience and know-how are in great demand. Indian architecture firms are scaling up rapidly. It is also time to create awareness among the architectural fraternity about standardization of procedures, creating greater accountability and transparency in implementing processes.

Ownership To Be Free-Hold In Noida; UP Govt

The properties at Noida, Greater Noida and Yamuna Expressway will turn out to be free hold. Currently land is allotted on lease for 90 years in Noida Greater Noida. The authorities Noida, Greater Noida and Yamuna Expressway will soon make ownership of property free-hold announced by the UP Government. The authorities have formulated different slabs for the annual lease and change 10% for residential property and 27.5% for institutional and commercial establishments of the total value of the property. According to the urban land policy, land ownership is of two types one is free hold in which ownership is for perpetuity and the second one is lease-hold, it is for specified time, which can vary between 30 years and 100 years, in general. With the implementation of the new ownership policy, those who are planning to buy property could actually become the owners. It is highly likely that the other NCR cities like Gurgaon, Faridabad and Ghaziabad will also convert the ownership policy from lease-hold to free-hold.

RBI Cuts Repo Rates; Banks Offer Lower EMIs

Providing relief to home loan, several banks cut-down the rate of interest on home loan as well as The Reserve Bank decreased the Repo Rate (overnight interest rates that commercial banks pay to the Reserve Bank of India for borrowing money) by 50 basis point (0.5%).  In the recent past, many banks have the higher rate of interest which now come-down between 0.15 to 0.20%, which will automatically mean lower EMIs.

BANK	NEW INTEREST RATE	OLD INTEREST RATE	CHANGES
Allahabad bank	10.5	10.75	0.25
Bank Of Baroda	10.5	10.75	0.25
Central Bank Of India	10.5	10.75	0.25
Corporation Bank	10.5	10.65	0.15
Federal Bank	10.45	10.65	0.2
ICICI	9.75	10	0.25
IDB	10.5	10.75	0.25
Kotak Bank	9.75	10.75	0.25
Punjab National Bank	10.5	10.75	0.25
Syndicate Bank	10.5	10.75	0.25
Uco Bank	10.5	10.75	0.25
Union Bank Of India	10.5	10.65	0.15
United Bank Of India	10.45	10.6	0.15
Vijaya Bank	10.45	10.65	0.2

Residents Living Around Metro Lines; Get Ready To Pay More Tax

The people residing in close proximity to Metro lines may have to pay the more tax on property. The recent declaration by the Urban Development Ministry may give investors a reason to worry. This is one of the innovative methods to generate funds for the development of infrastructure of Metro. DMRC is likely to extend its ongoing feeder bus services to enhance the metro connectivity to those areas where metro is not available. The residents living nearby metro corridors may have to pay an additional tax of 10 percent. The reason behind this decision is to operate metro train is a huge investment and the expenses are too much to handle. 75 percent of the amount collected as tax will be added to the Central Government’s Urban Transport fund. The fund could be utilized for the expansion of metro projects. It is only a suggestion to the state governments as the central government has not taken any decision on this. According to the proposal, people who own property within 500 meters of Metro line should pay the extra tax.

Make The Most Of Your Project

‘Real estate’ a single word consist the process of Sale & Purchase of buildings, renovation and re-lease of existing buildings and many more. Developers usually take the maximum risk in the creation or renovation of real estate.

The developers are the coordinators of the activities, converting ideas on paper into real property. Developers work with many different counterparts like architects, city planners, engineers, surveyors, inspectors, contractors, leasing agents and more.

Typically, developers purchase an area of land, develop the building program and design, obtain the necessary approval, build the structure, and lease, manage, and ultimately sell it. To sell the projects developers needs promotion. 333acre, a leading real estate portal which has been providing the on-line promotion facility to the developers or builders for a long, believes to provide exhaustive promotion and services to its customers.

To promote the developers projects and enhance the project range, 333acre provides the variety of promotions activities like ‘Top Banner Advertisement’ with micro sites (unlimited pages), project listing on 333acre.com, Bulk mailer, SMS & E-mail to make the project familiar among people.

In the on-line promotion 333acre provides the services of SEO (Search engine optimization) and SMO under which 333acre update blogs, articles, Testimonials on the purchased keywords for micro site promotion on promoter sites as well as the Facebook, Twitter and other social website so the micro site/project come under top search list.

Gurgaon Development Knocks-Out Middle Class

The prices of apartments on Golf Course Road and golf Course road extension got higher. The area is now away from the reach of average middle class, which can invest up to 60 lakh to buy 2 bedroom houses. Golf Course Road has become the premium locations of Gurgaon, with the highest residential property prices and also is coming-up with good quality residential supply. The presence of major industries, corporate and IT companies in Gurgaon will lead to employment generation leading to a huge demand for residential real estate supply. Existing Metro connectivity from Delhi and Noida to MG Road and Huda City centre, Gurgaon and various other proposed roads is becoming the place more demandable. Furthermore, The Rapid Metro Rail Gurgaon (RMRG) is under construction and will be linked with the Delhi Metro at Sikandarpur Metro station. Gurgaon Metro is slated to pass through various locations of Gurgaon with stations planned at DLF phase II & III, mall of India, Gateway tower, etc.