ICCPL PROPERTY NEWS

DEVELOPERS ROLL OUT OFFERS TO WOO CUSTOMERS

    With the auspicious nine days of Navratri commencing from tomorrow, we kickstart the festive season for the year that is expected to bring cheer to the real estate buyers planning a property purchase during this time around. Due to the religious sentiments of the Indian buyers, demand for property gets increased during this season and developers also leave no stones unturned to attract the buyers in order to boost the sales.

Each year during the festive season, developers come out with unique schemes and offers in order to woo the customers towards buying property and thus, sales performance gets better. Even for realty customers, this is the best time to buy property as deals are better which can help them save on money as well. From cash discounts to freebies to free travels and so much more; festive season comes packed with bouquet of deals for the property buyers.

Speaking about offering free goodies with a home purchase, NCR realty major Saya Group will offer free wardrobe in each bedroom, modular kitchen with RO, video door phone and a surprise gift coupon valued from Rs. 5,000 to Rs. 50,000, with each unit purchase for its project Saya Gold Avenue. For its Greater Noida West project, Saya Zion, for each unit purchase the company will offer free wardrobe in each bedroom, free modular kitchen with RO, surprise gift coupon valued from Rs. 5,000 to Rs. 50,000 along with a unique payment plan where the buyer can pay 10 percent property price during booking and remaining amount in five easy instalments. Gulshan Homz is providing a branded 32 inches Smart LED TV and a Microwave for every booking in its project Gulshan Ikebana in Sector 143 Noida Expressway. And for a booking in its project Gulshan Bellina located in Greater Noida West, the company is providing below-the-counter modular kitchen.

Sikka Group is offering GST impact waiver and fully furnished homes against every booking in its project Sikka Kimaantra Greens in Sector 79, Noida. In its projects Sikka Kaamna Greens in Sector 143 and Sikka Karnam Greens in Sector 143 (B), both on Noida Expressway, the developer is offering GST impact waiver along with fully furnished homes and no loan plan which will involve paying up 10% of the cost of unit at the time of booking and remaining 90% at the offer of possession. Paramount Group is giving away Gold Coins upto 50 grams on every booking in their ready to move in project Villa Royale in Greater Noida. TDI Infratech is also not behind in offering its customers with lucrative deals for any bookings during Navratris in its projects TDI City in Kundli, Panipat and Mohali wherein it is giving away Gold Coins on bookings, free international holiday trip and special discount of Rs. 50,000 for personnel associated with the armed forces or any central or state government employees.

Direct discounts on property during the festive season have become the best takeaways amongst the buyers today. Keeping this in mind, leading realty giant Eros Group is offering a flat 5 percent discount on the BSP on booking of each unit in its Greater Noida West project, Eros Sampoornam. Carrying a similar discount deal, RG Group is also offering a 5 percent off on the BSP on booking a unit in any of it’s two NCR projects, RG Residency in Sector 120 Noida and RG Luxury Homes in Greater Noida West. Delhi based realty major, Pacific Group is offering total discounts upto Rs. 9 lakhs that will include discounted BSP, EDC and IDC charges waived off and Golf membership waive off on booking of a unit at Pacific Golf Estate, Dehradun.

Several developers in the NCR region are offering big bunch of deals with a single unit booking in their projects. For instance, Gaurs Group is offering free maintenance for one year, one free car parking, free club membership within the project, pre-fitted fans and fancy lights and pre-installed RO in Kitchen, with the booking of each unit across five of its projects namely, Gaur Sportswood in Sector 79 Noida, Gaur Yamuna City along Yamuna Expressway, Gaur City and Gaur Saundaryam in Greater Noida West, and Gaur Siddhartham in Siddharth Vihar. Similarly, SG Estates is also offering a collection of deals in its multiple projects in Ghaziabad. These offers include free club membership, free car parking, free 1 KVA power backup, zero EEC and FFC charges, easy payment plan of 50 – 25 – 25 at no extra charges, free view PLC and free first transfer. Not only this, there would also be surprise gifts on spot bookings during Navratris in the form of Microwave, Mobile Phones, Washing Machine, etc. These offers are available across their projects SG Oasis in Vasundhara, SG Grand in Raj Nagar Extension and SG Benefit in Govindpuram. 

Another realty major, Mahagun Group is also showering numerous offers on bookings in many of it’s projects in the form of modular kitchen, wardrobes in all bedrooms, no stamp duty, free first transfer, free maintenance for one year, free parking, zero bank loan processing fees and free hotel membership. These offers are available across its projects Mahagun Mantra 1 & 2 and Mahagun MyWoods in Greater Noida West, Mahagun Montage in Crossings Republik, Ghaziabad, Mahagun Meadows in Sector 150 and Mahagun Manorial in Sector 128 on Noida Expressway along with Mahagun Mezzaria and Mahagun Mirabella in Sectors 78 and 79 respectively. Ansal Housing is offering a special home loan interest rate rebate on its Agra project namely, Ansal Town Agra. Under the scheme, the home loan will be provided at 3.99 percent for the first 10 years.

With the sentiments running high and offers available in plenty, buyers and developers, both are gearing up for this festive season. With RERA and GST also in place, the trust and credibility factor might just play the role of catalyst to ignite the property demand further. In a nutshell, a positive festive season is on the cards with the market set to make a strong come back.

Advertisements

ICCPL PROPERTY NEWS

DEVELOPERS ROLL OUT OFFERS TO WOO CUSTOMERS

    With the auspicious nine days of Navratri commencing from tomorrow, we kickstart the festive season for the year that is expected to bring cheer to the real estate buyers planning a property purchase during this time around. Due to the religious sentiments of the Indian buyers, demand for property gets increased during this season and developers also leave no stones unturned to attract the buyers in order to boost the sales.

Each year during the festive season, developers come out with unique schemes and offers in order to woo the customers towards buying property and thus, sales performance gets better. Even for realty customers, this is the best time to buy property as deals are better which can help them save on money as well. From cash discounts to freebies to free travels and so much more; festive season comes packed with bouquet of deals for the property buyers.

Speaking about offering free goodies with a home purchase, NCR realty major Saya Group will offer free wardrobe in each bedroom, modular kitchen with RO, video door phone and a surprise gift coupon valued from Rs. 5,000 to Rs. 50,000, with each unit purchase for its project Saya Gold Avenue. For its Greater Noida West project, Saya Zion, for each unit purchase the company will offer free wardrobe in each bedroom, free modular kitchen with RO, surprise gift coupon valued from Rs. 5,000 to Rs. 50,000 along with a unique payment plan where the buyer can pay 10 percent property price during booking and remaining amount in five easy instalments. Gulshan Homz is providing a branded 32 inches Smart LED TV and a Microwave for every booking in its project Gulshan Ikebana in Sector 143 Noida Expressway. And for a booking in its project Gulshan Bellina located in Greater Noida West, the company is providing below-the-counter modular kitchen.

Sikka Group is offering GST impact waiver and fully furnished homes against every booking in its project Sikka Kimaantra Greens in Sector 79, Noida. In its projects Sikka Kaamna Greens in Sector 143 and Sikka Karnam Greens in Sector 143 (B), both on Noida Expressway, the developer is offering GST impact waiver along with fully furnished homes and no loan plan which will involve paying up 10% of the cost of unit at the time of booking and remaining 90% at the offer of possession. Paramount Group is giving away Gold Coins upto 50 grams on every booking in their ready to move in project Villa Royale in Greater Noida. TDI Infratech is also not behind in offering its customers with lucrative deals for any bookings during Navratris in its projects TDI City in Kundli, Panipat and Mohali wherein it is giving away Gold Coins on bookings, free international holiday trip and special discount of Rs. 50,000 for personnel associated with the armed forces or any central or state government employees.

Direct discounts on property during the festive season have become the best takeaways amongst the buyers today. Keeping this in mind, leading realty giant Eros Group is offering a flat 5 percent discount on the BSP on booking of each unit in its Greater Noida West project, Eros Sampoornam. Carrying a similar discount deal, RG Group is also offering a 5 percent off on the BSP on booking a unit in any of it’s two NCR projects, RG Residency in Sector 120 Noida and RG Luxury Homes in Greater Noida West. Delhi based realty major, Pacific Group is offering total discounts upto Rs. 9 lakhs that will include discounted BSP, EDC and IDC charges waived off and Golf membership waive off on booking of a unit at Pacific Golf Estate, Dehradun.

Several developers in the NCR region are offering big bunch of deals with a single unit booking in their projects. For instance, Gaurs Group is offering free maintenance for one year, one free car parking, free club membership within the project, pre-fitted fans and fancy lights and pre-installed RO in Kitchen, with the booking of each unit across five of its projects namely, Gaur Sportswood in Sector 79 Noida, Gaur Yamuna City along Yamuna Expressway, Gaur City and Gaur Saundaryam in Greater Noida West, and Gaur Siddhartham in Siddharth Vihar. Similarly, SG Estates is also offering a collection of deals in its multiple projects in Ghaziabad. These offers include free club membership, free car parking, free 1 KVA power backup, zero EEC and FFC charges, easy payment plan of 50 – 25 – 25 at no extra charges, free view PLC and free first transfer. Not only this, there would also be surprise gifts on spot bookings during Navratris in the form of Microwave, Mobile Phones, Washing Machine, etc. These offers are available across their projects SG Oasis in Vasundhara, SG Grand in Raj Nagar Extension and SG Benefit in Govindpuram. 

Another realty major, Mahagun Group is also showering numerous offers on bookings in many of it’s projects in the form of modular kitchen, wardrobes in all bedrooms, no stamp duty, free first transfer, free maintenance for one year, free parking, zero bank loan processing fees and free hotel membership. These offers are available across its projects Mahagun Mantra 1 & 2 and Mahagun MyWoods in Greater Noida West, Mahagun Montage in Crossings Republik, Ghaziabad, Mahagun Meadows in Sector 150 and Mahagun Manorial in Sector 128 on Noida Expressway along with Mahagun Mezzaria and Mahagun Mirabella in Sectors 78 and 79 respectively. Ansal Housing is offering a special home loan interest rate rebate on its Agra project namely, Ansal Town Agra. Under the scheme, the home loan will be provided at 3.99 percent for the first 10 years.

With the sentiments running high and offers available in plenty, buyers and developers, both are gearing up for this festive season. With RERA and GST also in place, the trust and credibility factor might just play the role of catalyst to ignite the property demand further. In a nutshell, a positive festive season is on the cards with the market set to make a strong come back.

ICCPL PROPERTY NEWS

REALTY SECTOR LOOKING FORWARD TO A BRIGHT FESTIVE SEASON

         As we inch closer towards the end of the fifteen days of Pitrapaksha (Shraadh), a pre-festive culture in India where ancestors are prayed and remembered, our country gets into the merry mode with couple of months long festive season that begins with the nine days of Navratris and concludes with the festival of lights, Deepawali. With high sentimental values of the people towards these auspicious occasions during the season, it is a belief in our country that buying property, vehicle, gold or anything with high value is regarded as a lucky purchase, and thus footfalls and sales in these sectors and industries increase drastically during the festivities.

“Purchase of property is one of the most common sights during the festive season each year. It is been observed that almost 30-35 percent of the annual real estate sales happen during this time of the year and most of the property buyers wait and gear up to buy only during the festive season in India. Even the developers across the country try to make the most of this time and bring in best deals and offers for the public”, avers Rakesh Yadav, Chairman, Antriksh India Group.

Every festive season each year is different from the other, but this festive season is expected to bring a turnaround in the Indian real estate sector riding on the back of recently implemented RERA and GST. “Since the inception of GST and RERA in the Indian real estate system, sentiments have improved immensely and people are much more confident while buying a property. Developers have quickly got themselves in tune with RERA and GST so that customers can go through a hassle free transaction. Festive season is just about to begin and we are now looking at a much more refined Indian real estate sector. We are expecting this festive season to push sales by at least 20 percent over the previous festive season”, says Kushagra Ansal, Director, Ansal Housing.

Pradeep Aggarwal, Co-Founder & Chairman, Signature Global explains, “This year’s festive season is sure to enhance the sales numbers of most as the market is now pretty revamped. Over the course of last one year, home loan rates have come down drastically, even more for the affordable housing segment, thus making property purchase more attractive. With the demand for budget homes on the rise and the festive season approaching, customers are looking forward to make property purchase. Customer sentiments are positive this time and we are hopeful of a better festive season this year over the previous couple of years.”

With the last quarter of the calendar year in progress and developers ready with various schemes, discounts and offers for their customers, festive season this year is expected to boost the sales even more. “The buyers’ season is fast approaching now as we stand on the beginning of the Navratris. Till Diwali we will witness various deals and schemes in offer by the developers in order to boost sales volume and enhance customer sales experience. Even for the customers, it is the perfect time to buy as several deals offer free goodies and cash discounts as well which can directly benefit a customers’ pocket”, elucidates Vikas Bhasin, MD, Saya Group.

Festive season is not the time for only property purchase but for accepting possession as well, as we also see a lot of families like to take possession and relocate to their new abodes. Thus, property buying as well as possession of units is equally visible during the festive season. “Since this time of the year is considered auspicious and lucky for major decisions, property purchase and relocation become quite prominent in India. Therefore, apart of lucrative deals for the new customers, developers shift their focus towards speedy construction and timely delivery of units. Due to religious sentiments, most buyers in our country like to shift during this season and hence, property possession numbers also see a rise parallel to unit sales”, concludes Dhiraj Jain, Director, Mahagun Group.

ICCPL PROPERTY NEWS

NH 24 VERSION 2.0 TO BOOST REALTY ALL ALONG

   Just as the year 2015 drew close to it’s end, our Honourable Prime Minister, Shri Narendra Modi had launched a mammoth 7,500 crore project for the widening of the existing Delhi – Meerut roadway and replace it with an expressway to decongest the National Capital and its nearby regions that form the integral part of NCR’s realty map. The project was estimated to be complete in the next 30 months. When this project was inaugurated, everyone was high in anticipation that not only will this benefit the daily travellers of this belt, but would also boost the real estate growth along the entire patch. Regions falling along the widened belt are expected to yield the biggest benefits.

Deepak Kapoor, President CREDAI-Western U.P. & Director, Gulshan Homz avers, “History has been a witness to how connectivity plays a major role in shaping up the real estate of a region. When talking of ongoing widening NH 24, there are multiple micro pockets of both Ghaziabad and Noida which would benefit hugely from it. To name a few, pockets like Rajnagar Extension, Indirapuram, Siddhartha Vihar, Crossings Republik, etc. which enjoy direct connectivity with NH – 24 and would be the first to reap fruits of this new expressway.”

“Micro pockets like Indirapuram and the first phase of Crossings Republik have already materialised to a great extent but Siddhartha Vihar and the second phase of Crossings Republik have just seen the dawn and are still in their budding phases. Siddharth Vihar has huge housing potential and more than two lac people are expected to live there in next 5 years. Once the expressway becomes fully operational, the growth of these upcoming regions would definitely get on fast track and demand will automatically escalate to an all time high. Infact, the whole of Ghaziabad would benefit hugely from this because of the ripple effects which this development will have on regions adjoining the micro pockets falling directly on this expressway”, explains Gaurav Gupta, General Secretary CREDAI – Ghaziabad & Director, SG Estates.

Elaborating further, Manoj Gaur, Vice President CREDAI-National & MD, Gaurs Group says, “Any region thrives heavily on connectivity and when one refers to a National Highway, the number of regions increases manifolds. With the current trend in the realty market shifting more towards affordable housing, the widening of this highway will certainly open multiple new pockets for development as a major issue of connectivity would have already been addressed. These new pockets can surely emerge out as affordable housing destinations owing to the factors affecting the cost of units being low in these regions. Once settlement starts, commercial real estate automatically picks up pace in order to fulfil the demands of the residents.” 

Adding to the views, Dhiraj Jain, Director, Mahagun Group says, “The widening of NH 24 is no less than creating a new roadway for the region as the existing stretch was heavily under traffic pressure that had resulted in traffic chaos. A decongested NH 24 will give way to greater demand as this stretch has always been the lifeline for commuters from Delhi to Ghaziabad and Noida. The expressway extending up to Meerut will mean newly tapped regions for the growth of real estate all along and hence giving a whole new dimension to the realty of this region.”

“The most prominent sight that we will witness after the widening of NH 24 will be the appreciating prices along the properties located on the NH 24 belt along with smooth traffic flow with no traffic jams. The demand in the micro regions of Ghaziabad such as Indirapuram, Siddharth Vihar, Crossings Republik, Raj Nagar Extn. and some sectors of Noida will witness a steep rise. Also, having an expressway will help in generating a lot of revenue for the government”, concludes Vikas Bhasin, MD, Saya Group.