Thursday, 14 May 2015

Luxurious Housing - Opportunity for both developers and buyers

Rise above the necessity and then above the premium. When you have done that, you are in the lap of nature. The connotation of luxury varies from person to person and its perceived value varies with one’s specific needs and aspirations. Luxury living involves creating an overall experience that not just meets the expectations of customers but attempts to exceed it. In India, luxury housing has picked up the most in the luxury segment. Modern homes today pack features that meet the growing aspirations of people who want their houses to reflect their social and financial standing. Depending upon the city and suburb, these came as apartments, penthouses, suburban villas and bungalows, and are often close to a golf course or a green expansion. 

Over the last decade, luxury and ultra-luxury residential projects in leading cities have witnessed ten-fold appreciation over their launch prices. Cities like Noida, Gurgaon and Greater Noida are topping the charts in luxury housing segment. This implies that there have been more than 100 percent annual returns on the investment. In fact, there has been a tremendous response to these projects so much so that most of the projects are declared sold out in a very short span of time. The response in cities like Noida, where demand has outpaced supply, has encouraged developers to shift their focus to this segment due to high profit margins and good volumes that help in securing fund flows. Noida offers location advantage coupled with world class infrastructure. 

Supertech Ritz, Sector - 74, Noida
From a customer and category point of view, luxury housing is projected to register maximum growth, owing to the increasing HNI population and growing aspirations of people, changing lifestyles and the affluent young with high disposable incomes looking for a luxurious lifestyle. The luxury housing segment is undoubtedly a great promise for the buyers and sellers alike. 

Thursday, 7 May 2015

Yamuna Expressway - A Mega Destination of Affordable Housing

It is expected that the vast stretch of Yamuna Expressway is going to turn into a large-scale residential hub. The real activities around the peripheral areas of NCR are gaining a rapid pace. Huge chunks of land in Yamuna Expressway have caught the attention of realty developers such as Supertech Limited who all are aiming to construct integrated townships and immense residential projects. 



With a vision to create and implement growth plans, Yamuna Expressway Industrial Development Authority has acquired 11,200 hectares of out of the 33,000 hectares of land that has been notified for development. As per master plan 2021, 20 percent of the acquired land has been allocated for residential development whereas 28 percent is for industrial zones. In addition 21 percent has been set aside for the green belt. 

As the expressway became operational, the 165 km long stretch came into limelight and attracted the interest of many real estate developers. Due to which infrastructure and development activities in the region has been accelerated. Proximity to Noida and Greater Noida is a big attraction for real estate investors. Approximately 280 hectares of land has been allocated for educational institutions. Noida International University and Galgotia University are already operational educational institutes. 

Already functional well known F1 racing track, popularly known as Buddh International Circuit, has attracted large number of eyeballs to the area. Other upcoming facilities in the area include night safari and international airport at Jewar. Low prices, upcoming marvelous projects by big developers and sufficient scope for future developments make Yamuna Expressway a good investment option. The projects Upcountry and Golf Country by Supertech are best residential townships on the Yamuna Expressway. Spreading over 100 acres both townships by Supertech are befitted with world best amenities and facilities. Supertech Upcountry presents beach side villas whereas Golf Country has 18-hole Golf Course designed by Graham Cooke. As per the experts, investors are required to wait for 4 to 5 years to reap maximum returns.