Affordable Luxury – An emerging term in Indian Real Estate

In Indian real estate market, luxury stands much more than spacious and costliest apartments. The luxury apartment in large size and have high-end security, reserved parking, club houses and golf courses. Apart from all this, a large chunk of premium is paid for living in a wealthy neighborhood. With every passing day, luxury goods are becoming necessity of everyone’s daily life. A luxury has various hues, moods. 

Developer’s like Supertech has provided prime examples of such affordable luxurious projects. Supertech is one of the most reputed builders in National Capital Region as company has launched some of the most classy and luxurious residential as well as commercial projects. The success and quality that Supertech Limited delivers can be attributed to several factors, primary amongst them is the desire to stand out of the crowd and to be perfect in the niche. To deliver the best in terms of luxurious projects, Supertech has a team of dedicated professionals working with passion and enthusiasm. 

Whether it is about mesmerizing interiors or eye soothing landscape design, golf course or artificial beach, Supertech has a pool of world class experts working in the designated domains to deliver the best possible results. The partners are carefully selected and work towards giving the best luxury projects in Delhi NCR. 

Supertech Ritz Villa, Sector-74, Noida

Supernova, Ritz Chateaux, Holiday Village, Golf Villas, etc. by Supertech are some of the most luxurious residential complexes in NCR. Ritz Chateaux at Sector 74 by Noida offers 2/3/4 BHK ultra luxurious villas, an address fit only for selected few. Luxury is an experience like no other. It is a singular emotion aptly described as a pleasant sensation that waits through your being while you savor the finest amenities every created by modern civilization. Ritz villas by Supertech are an outcome of vivid imagination fascinating the patterns of your living. Be it the soaring walls or the neatly laid grounds, the impeccable finish everywhere or the eye pleasing colors, perfection is simply unmatched at Supertech Ritz. 

Sustainable Housing – Time to Support Green Housing in India

Green or sustainable housing in India has been boosted due to everyday increasing population and stress on natural resources. But, in a current scenario the technology required to develop Green Buildings is expensive thus making unworkable for number of builders. In addition, home buyers also avoid such projects as the prices get increased by 10 – 15 percent as compared to normal housing project. The demand for eco-sensitive housing can only be boosted by the provision of incentives and slash down in cost of construction and acquisition. 

Supertech Supernova, Sector - 94, Noida.

 In order to promote such developments, the government is required to come forward and offer incentives in form of tax sops and should reduce the various tax duties levied on the developers like Supertech Limited engaged in developing Green projects. Government can also support builders by awarding extra FAR in their projects based in green initiative so that more housing units can be constructed in a limited land area. To attract buyer’s concern, there should be incentives and discounts which would encourage them to buy such homes. Relaxation in home loan interest rates and rebates in stamp duties could be some of the steps which could enhance the demand for green homes significantly. 

The list of builders working on Green buildings includes Supertech Limited which has introduced several projects like Ecociti, Supernova, The Romano, etc. All the projects are designed with keeping healthy living in mind. Proper ventilation, as less as possible use of natural resources, rain water harvesting, etc. are befitted in every project. The construction of Supertech projects involves use of sustainable materials which do not have adverse effects neither on environment nor on the living style of residents. Apart from ensuring enough usage of natural day light, green homes by Supertech also focuses on generation of its own energy. Recycling and reuse are major feature of green homes. 

Property by Supertech in Gurgaon, a millennium city

Supertech Limited is a well known builder firm in North India which has marked its presence in Southern part of India as well. The company is developing projects in several verticals of real estate like residential, commercial, retail, hospitality and townships. Supertech Limited has emerged as first Indian real estate developer to introduce the precast technology in construction. The company has innumerable recognitions in the field due to its innovation and creativity. Let’s discuss some of the project’s developer is constructing in Gurgaon. 

Araville:- Supertech Araville, nestled next to the Aravallis in Sector 79, Gurgaon is an abode of comfort and luxury. It is a concept that combines urban living and serenity of Mother Nature. The project offers you much more than just concrete created from cold blue-prints, it alludes to the vibrancy and character of the greens. This premium residential project in Gurgaon spread over an area of 10 acre and offers a range of 2/3/4 BHK apartments.

Supertech Araville, Sector - 79, Gurgaon

Hues:- Hues by Supertech welcomes you to a wonderful place that’s awash with vivid colors, alive with vibrant life, enjoys an enviable location and which makes the myriad hues of your life come alive. Supertech Hues is located at Sector 68, Gurgaon. Exclusive 2/3 BHK apartments, right in the heart of the Millennium city are graced with modern amenity envisaged by mankind and beautifully surround lush greens.  Spreading over 70 acres of area, the project has 85% of lush greens where every second brings new life and new beginnings. 

Supertech Hues, Sector - 68, Gurgaon

Basera:- Supertech Limited has all set to dispatch new moderate 1 & 2 BHK apartments – Basera in sector 79, Gurgaon under Haryana Affordable Housing Policy. Basera by Supertech comes to you as a genuine partner forever. It is planned under to provide the world class living background right in the midst of business center of Gurgaon. Sector 79 is one of the new divisions around National Highway 8 that are a part of national Highway 2021, with the amplest Expressway that will join NH 8 to IGI Airport. 

Supertech Basera, Sector - 79, Gurgaon

Projects by Supertech Limited at Yamuna Expressway

Successfully completed projects, timely deliverance and more than 25 years of experience, Supertech Limited has revolutionized the Indian Real Estate market through its futuristic thinking and capability to adopt the market trends quickly. Till date Supertech as delivered more than 20,000 units across 33 million sq.ft. having over 60,000 satisfied customers. The company has marked its presence in Uttarakhand, Uttar Pradesh, Haryana and down South. In North, Supertech has covered the several prominent areas which include Noida, Greater Noida, Greater Noida West, Yamuna Expressway, Meerut and Moradabad. 

Let’s have a look on property developed by Supertech at Yamuna Expressway. 

Yamuna Expressway is a 165-km stretch that connects Delhi to Agra. Yamuna Expressway is India’s longest access controlled concrete pavement expressway – engineered and built to international standards along Yamuna river. The location has been emerged as one of the most preferred development zones among builders and developers. Some of the major projects are discussed below.

Golf Country:- Supertech Golf Country is an ideal destination to own that holiday home you always imagined about. This is 100 acres of mixed development that includes a 9 holes signature golf course, villas, apartments, commercial district, club house and shopping destinations. In surroundings, Supertech Golf Country will have Jewar International Airport and aviation hub, International Cricket Stadium, Night Safari and much more in the vicinity.

Supertech Upcountry, Yamuna Expressway

 Upcountry:- Upcountry, another integrated township project by Supertech is situated close to upcoming 5.14 km long Formula 1 race track. Thus, making it a sizzling hot destination for speed lovers. Enjoy a panoramic view of the circuit from the comfort of your home. Every nook and corner of this grand civilization by Supertech is planned to combine the best of aesthetics and amenities. From wide open roads to shady pedestrian pathways, and from vaastu–compliant architecture to eye soothing landscapes, everything is created to offer the best in luxurious living. 

Supertech Upcountry, Yamuna Expressway

Expectations of Real Estate Sector from Budget 2015-16

With budget 2015-16 on its way scheduled at the end of this month, Indian real estate market is all set with its bucket of wish list. This time market is expecting a bigger chunk in the financial planning as sector is part of major initiatives taken by the central government like 100 smart cities and Housing for All by 2022.

The government has already announced in its first budget the vision of Affordable Housing by 2022 and now the time is to implement it. The reviews from real estate experts convey that Affordable housing policy and industry status for the housing sector are the need of the hour.

In the wish bucket, another point is single window clearance. In order to fast track the approval on projects, a single window clearance is required to push the supply pipeline. In a current situation, the process of approval is very lengthy and consumes almost from one-and-a-half to two year. The delay in approval results in further increment of total cost, making buyers to pay approximately 25 – 40 percent extra. Experts believe that this will help in bringing down the property prices. Government should also ensure that construction quality norms are not compromised.

As per the reviews from Mr. R. K. Arora, CMD of Supertech Limited, it is expected that interest rate on housing should be lowered by 2-2.5 percent to give a boom to the real estate sector. To turn the governments vision “Housing For All – 2022” into realty, the apartments that are under 1000 sq.ft. should be exempted from The Income Tax Act 80I(B). He says that by doing so, the benefits will be directly transferred to the customers.

All the major real estate players such as Omaxe, Supertech Limited, Jaypee, etc. are desperately looking forward to see what this Budget is bringing for Indian Real Estate Market.​