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UPCOMING RESIDENTIAL DEVELOPMENT BY L&T GROUP
INTRODUCTION
Delhi NCR has emerged as a very prestigious destination when it comes to the real estate industry. Now, the question arises as to which city to invest in.
To this, I would say that Noida is one of the most amazing cities where all potential investors and home buyers get the opportunity to live an upscaled lifestyle at affordable pricing.
Moreover, hospitality and infrastructural sector development has escalated the beauty of this city, which has made this city a topmost preference for all potential investors.
Noida has emerged as the most sought-after destination where people get the opportunity to become proud owners of a luxurious home, while also being able to enter into the world of great opportunities.
Let us now explore some credible aspects that will transform your entire lifestyle!!
WHY AND WHERE TO INVEST IN NOIDA?
This section will specifically talk about the reasons as to why exactly to invest your hard-earned money in this magnificent city. I myself have witnessed the incredible evolution in the residential sector of Noida which has resulted in a complete transformation of my lifestyle.
Noida has one of the most explicit forms of Infrastructure and architecture which just mesmerizes your senses in a splendid manner. Noida has a wide network of roads, leading you to different areas and cities.
This network is provided to you in the form of numerous flyovers, overpasses, and underpasses. It makes your journey hassle-free while helping you reach your destinations in a short span of time.
If we talk about architecture, DLF has incredible shopping malls, commercial complexes, residential sectors, and much more. Let us explore one by one all the aspects that will give you a clear enough understanding as to why you should invest in Noida for a beneficial investment.
Residential Market: If we talk about the residential sector of Noida, this city is a pure blessing for all prospective home buyers and investors. This city provides a perfect combination for a residential market that is a perfect combination of affordability and richness.
Top real estate builders have sought refuge in this city at the best pricing. Thus, individuals prefer Noida over numerous other cities for the purpose of settlement.
Real estate developers such as Godrej Properties, Supertech, ATS Infrastructure Ltd., Omaxe Ltd., Jaypee Greens, Amrapali Group, and many other high-profile developers have launched their top projects in Noida.
Job Opportunities: Now this is what I can say is another best advantage for millions of people, whether they are in Noida or coming from any other place enjoy exclusively.
There are countless opportunities in Noida in terms of working in globally renowned multi-national companies, business parks, corporate spaces, IT firms, and start-ups. Moreover, these companies provide a 100% international and vibrant working environment along with getting an exclusive chance to earn a good salary package.
I am mentioning some of the high-end companies that are a major part of Noida. The following list comprises a few of the renowned companies out of a long list
Corporate Giants: Accenture, Genpact, HCL Technologies, Adobe Systems Incorporated, Samsung, Nokia, Ericsson, Wipro Limited, Infosys, Fujitsu, etc.
Corporate Parks: Highway Towers, Ithum Tower, The Corenthum Tower, Vatika Business Centre, Max Tower, Infinity Business Tower, Pinnacle Tower, Rise Tower, Growth Experts Reality, GM Tower, and many more are some of the well-reputed corporate parks that have gained incredible recognition.
Numerous Social Hubs: Noida has flourished as one of the top places for constituting world-renowned multi-cuisine restaurants, cafes, local eating joints, street food, street shopping, multiplexes, and much more exciting stuff to enjoy.
Atta market, sector-18 market, Brahmaputra Market, etc. are some of the best local markets where one will find numerous options to shop for clothes and enjou delicious street cuisines.
Other than this, residents will be able to access some of the best and lavish shopping malls such as DLF Mall Of India, Logix City Centre, The Great Indian Palace, Gardens Galleria Mall, Modi Mall, Gaur City Mall, and many others
Amazing Metro Connectivity: Noida has one of the best kinds of infrastructure in terms of metro connectivity.
WHY I AM STATING THIS?
To this, I would like to inform you that numerous metro stations are built in close vicinity to the employment hubs of Noida.
Sector- 2, 3, 9, 15, 16, 16-A 18, 55, 59, 60, 62, 63, 64, 108, 110, 125, and many others are widely popular areas for constituting famous job organizations. All these sectors are affiliated at walking distance. Moreover, there is an availability of buses, rickshaws, and autos from outside these metro stations by which you can reach your office within 5-10 minutes.
Now, the residential and commercial sectors are built in a well-strategized manner. In this way, people living in Noida find it explicitly easy to commute to their workspaces.
ABOUT UPCOMING PROJECT
Noida has become the favourite place for every age group as this city offers flexibility to individuals belonging to every age group to fulfill their dreams and aspirations.
Individuals from different places prefer to relocate to Noida in the hope of moving to an upscale environment. Here, I am going to give you significant information about the upcoming project in sector-128, Noida.
This is a high-rise residential project, developed by L&T Group. One very intriguing aspect about investing in this project is that L&T Group has chosen Noida for their first project launch in Delhi NCR.
L&T Green Reserve , the true epitome of serenity and richness is being developed on 6 acres of land that will constitute 2 premium sky-high towers. This project will be a part of sector-128, Noida which is one of the most lavish sectors you will come across as an investor.
Here, you will be experiencing a luxurious lifestyle due to the presence of top-notch amenities such as indoor games, clubhouse, exclusive barbeque area, relaxing zone, logging area, walking path, cycling track, recreational facilities, sports court, badminton court, basketball court, gaming room, multi-purpose lounge, and many other interesting features.
Moreover, another amazing aspect of investing in this project is the fact that sector-128, Noida has witnessed a total of 3.62% appreciation, making L&T Green Reserve a lucrative investment.
CONCLUSION
Every investor dreams of investing somewhere where they can receive a substantial amount of ROI along with being surrounded by elegance.
Noida offers just what you need as this city has the full potential to transform your dreams your reality. In order to learn more such amazing information, stay tuned with me as I will bring some more intriguing factors. Also, give this article a good enough read in order to make a well-informed decision.
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Amrapali Riverview is a residential project with new launch developments. The residential project is with spacious developments which offer 2 BHK, 2 BHK + Study, and 3 BHK. The project creates some of the best and most promising lifestyle homes by the renowned Amrapali Group.
#Max Estates 128 Site Plan#Bhutani Grandthum Site Plan#Godrej Tropical Isle Site Plan#Amrapali Riverview
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Amrapali Adarsh Awas Yojna | NBCC Aspire
Amrapali Adarsh Awas Yojna is a residential project housing development project located in Techzone 4, Greater Noida West. This property was launched by the Amrapali Group. This property is better known as NBCC Aspire Adarsh Awas Yojna. It offers 2 & 3 BHK flats with various size ranges starting from 975sq.ft. to 2175sq.ft.
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Increasing Connectivity of Global Business Square Greater Noida
The development of new connectivity can add immense value to an area. It not only provides an opportunity for the developers to do more business but it also provides new options to end-users. Best of all, it helps in containing the price rise of real estate projects in the main districts of a town.
The newly-built bridge over the Hindon river near Sectors 121 and 119 in Noida have reduced the distance of Global Business Square Greater Noida Sectors 1 and 4 from main Noida to almost half. Because of the bridge, Noida's connectivity has improved so much that the new area is being termed as Noida Extension. Since then, a number of developers in the area have launched apartments in the price range of Rs 9 lakh for one bedroom with a hall and kitchen (1BHK) apartment to Rs 15 lakh for a 2BHK and Rs 18 lakh for a 3BHK.
The distance of Sector 1 and Sector 4 of Greater Noida, where a number of real estates projects are being developed, has reduced to about 11km from the main market place, Sector 18 in Noida, because of the bridge. Earlier, the distance from Sector 18 to the place was around 18km. The distance from the main commercial centers like Sectors 61 and 62 to have come down to around 8km from the earlier 14km.
Before the construction of the new bridge, one had to travel to reach these areas via National Highway 24. Not only is the distance via NH-24 longer, but NH-24 also remains congested most of the time, and as a result homebuyers were reluctant to purchase apartments in these areas. The traffic along the stretch at Vijaynagar across the Hindon river on NH-24 remains particularly bad.
At present, a number of developers including Gaursons, Amrapali, Global Business Square, and Supertech are developing large townships in the locality. The size of each township is around 150 acres with all the latest amenities like schools, playgrounds, hospitals, market complexes, and commercial property - in fact, Supertech has two townships lined up. Besides this, a number of small developers have also joined in to develop condominiums on smaller plots of 20 to 30 acres.
As the area offers such a huge landmass for development, a number of commercial projects are also coming up in the locality. A large multi-specialty hospital is being developed by Metro Hospital group in the area. Besides this, an IT park has also been proposed in the area. Just along the Hindon, Greater Noida authority is planning to develop a number of real estate projects. Such connectivity inevitably brings in a huge chunk of land into the mainstream on which residential complexes for the middle-class communities could be developed.
The availability of large chunks of land to develop the housing apartments has made developers keep prices at the highly competitive range. Most of the apartments in these areas have been launched for around Rs 1,800 per sq feet as the basic selling price. This has brought the prices of apartments here within the affordable range for the middle class. After making payment for the cash-down component, one can buy a two-bedroom apartment for an EMI of around Rs 12,000 per month. That means, one, whose annual income is Rs 3 lakh per annum can afford to buy a house in this area.
Not only this, the sudden increase in the supply of apartments in this part of the city has forced developers in the central part of Gbs Noida to not revise the prices upwards. Despite, rising demand, developers have kept prices under check for some time now.
For more Information-https://www.gbsnoida.com/
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What are the best housing scheme in India?
PMAY
The Indian government has a housing programme called Pradhan Mantri Awas Yojna. It aims to give the country's urban and rural residents access to affordable homes. The idea is to equip affordable homes with necessities like power, running water, and adequate sanitization. These facilities are offered through the PMAY-Urban and PMAY-Gramin programmes.
Pradhan Mantri Awas Yojna- Urban operates in four verticles:
Slum Redevelopment
Beneficiary led individual house construction
Pradhan Mantri Awas Yojna- Gramin
Feature of PMGY- Gramin
Funds are transferred electronically, through a bank account or post office account
PMAY- Gramin manages Solid and Waste generated by households
Under PMAY- Gramin, National Rural Drinking Water Programme provides drinking water
Beneficiaries shall receive good quality cooking fuel
The total estimated expenditure of PMAY- Gramin is Rs 60,000
All individuals would have access to affordable housing by 2022, according to the Pradhan Mantri Awas Yojna.
The State government offers additional affordable housing programmes for different states. The following list includes the top 10 dwelling plans.
Delhi Development Scheme
The Delhi Government offers the Delhi Development Scheme (DDA) in Delhi. In December 2018, it was introduced. To the High Income Group, Middle Income Group, and Low Income Group, it gives dwellings. Families from the economically disadvantaged portion are also given special reservations by DDA Housing.
Haryana Housing Board
An affordable housing programme has been introduced by Haryana Shehari Vikas Pradikaran (HSVP), formerly the Haryana Development Authority. In the entire state, it manages 6200 residential housing plots. Plots are dispersed around many cities, including Karnal, Sirsa, Faridabad, and Rohtak. A draw procedure is used to distribute the houses. On the HSVP's official website, you can access the draw.
Uttar Pradesh Housing Board
Uttar Pradesh Housing Board has launched a few of the schemes:
Aravali Enclave Vrindavan Yojna 3 in Lucknow
Ganga Enclave Ambedkarpuram Yojna 3 in Kanpur
Lohramau Yojana Scheme in Sultanpur
Amrapali Yojana Housing Scheme in Lucknow
The housing programme in Uttar Pradesh intends to meet the needs of lower- and middle-income groups for residential homes. The Uttar Pradesh government works tirelessly to give the impoverished group affordable homes with all the essential amenities, along with lower and moderate income households.
Maharashtra Housing and Area Development Authority
Every year, the Maharashtra Housing and Area Development Authority holds a lottery for home owners. Although it is intended for all income levels, the majority of it is set aside for low-income and disadvantaged populations.
Rajasthan Housing Board
In order to provide affordable housing in the state of Rajasthan, the Rajasthan housing board was founded in 1970. By doing this, they have launched a public-private partnership through which they are providing 2500 homes throughout the state. The state's several cities are all included in the housing concept.
Madhya Pradesh Housing and Infrastructure Development Board
Applications for 1 and 2 bedroom apartments are being accepted in MP, which has the second biggest population. Church Colony Sendhya Residential Plot Scheme, Ayodhya Nagar Bhopal Phase 1 and 2 Residential Plot Scheme, and Ahilyanagar-Bagdun Peethambur Residential Plot Scheme are a few of the plot projects that the Board has proposed.
The mission of the Madhya Pradesh Housing and Infrastructure Development Board is to promote the growth of both residential and commercial properties in the state.
Punjab Urban Planning and Development Authority
A statutory organisation founded in 1995 is the Punjab Urban Planning and Development Authority (PUDA). By creating affordable housing, it ensures the preservation of land.
The Punjab Urban Development Authority (PUDA) has a number of programmes that provide Punjabis with inexpensive housing.
Tamil Nadu Housing Board
In 1961, the Tamil Nadu Housing Board joined the company. In order to provide housing amenities to all societal segments, the board places a strong focus on using high-quality materials and cutting-edge construction methods.
Odisha State Housing Board
The state's rural and urban residents are to receive cheap housing, according to the Odisha State Housing Board. Applications are being accepted for a number of housing initiatives in Dumduma, Phase VI, Phase VII, and Nandighose Enclave.
Kerala State Housing Board
In 1971, the Kerala State Housing Board was founded. It has carried out numerous construction and lending programmes for housing. The programme assists in meeting the general public's housing needs.
Among the developments that have been launched are Griha Sree Housing Scheme, Haritham Apartments, and Kowdiar Heights.
The Indian government is actively working to provide decent homes for all citizens. Government housing programmes are determined by a person's fundamental requirements. The state administration has made a significant effort to give the populace all the facilities they need. Check out all of the government's various affordable housing programmes if you're looking to invest in a house.
#best housing scheme in india#housing scheme in india#housing scheme#real estate service#real estate sector#real estate
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Whither RERA? Three years on, rough edges need ironing out
The Real Estate Regulatory Authority (RERA) was brought in to crack the whip on dodgy builders taking unsuspecting homebuyers for a ride. The results are mixed
In March, 2016, Parliament voted into law the Real Estate (Regulation and Development) Act—RERA—a legislation that held out the promise of placing consumers at the center of a new rules-based framework for India’s property market.
RERA, midwifed by two governments—UPA II and the NDA II—between 2009 and the 2016, was necessitated by the growing misery of tens of thousands of harried homebuyers.
Unsuspecting individual customers often complained about getting the short end of the stick, as many builders, some dodgy and some reputed, exploited regulatory gaps by not delivering promised apartments on time or reneging on size and quality, or sometimes, simply vanishing after collecting funds.
RERA’s primary purpose, apart from defining rules, was to build trust among buyers and builders in a market where opaque deals thriving in grey payment systems operating outside the legitimate financial system had become commonplace.
For instance, customers would often find that the actual size of an apartment would be about 30% smaller than what was originally promised. The reason: “super built up area”, an arbitrary concept that builders used to charge customers for shared spaces such as common passage area, stairs and other areas.
Fund diversion had become a rampant practice in the realty sector. Many builders, large and small, would collect money from consumers for apartments, a part of which would then be channeled to buy land for another project. The net effect: never-ending project delays. This was going on without any checks and balances, and builders had developed the `consumers- be-damned’ attitude. For the banking sector too lending to realty projects became a risky proposition, as project delays resulted in mounting loan defaults.
RERA was brought in to address these. Three years later, experts reckon, the results, at best, are mixed.
RERA RULES
Under RERA, builders are required to disclose details of “carpet area”, which is the actual apartment’s size, design, structure, layout, time of completion and other project specifications well in advance.
The rules make it mandatory for any project exceeding 500 square metres with eight or more apartments to register with a state’s real estate regulatory authority (RERA) before launching or even advertising a housing scheme.
Also read: Where’s my house? NCR’s Notorious Construction Record
Registration of real estate agents or brokers have also been made mandatory with clear responsibilities and functions. The punitive provisions include de-registration of the project. If the builder defaults on promises made at the time of the launch, the buyer can approach consumer fora in case of disputes with real estate developers. The penal measures were aimed at serving as a deterrent for builders to short change customers and ensure timely project delivery.
It is also now mandatory for builders to park 70% of funds collected from buyers in an escrow account, implying that these funds can only be withdrawn for the specific project for which these were collected.
Under the central law, each state was required to set up its own RERA that can draw upon central rules applicable in union territories.
Maharashtra was the first off the block with MahaRera in May 2017, with other states soon following suit with their own institutions.
MORE THAN A REGISTERING BODY
RERA’s role is not limited to just as a registering agency for realty projects, but was designed to evolve into a body empowered to even complete stuck projects or even allow buyers’ groups to take over unfinished projects.
Three years later, experts say, RERA’s record on this front remains below par. The RERA Act’s Section 8 empowers the authority, buyers’ association or an appropriate government organisation to execute unfinished projects, but arranging funds and buyers’ cooperation remain a critical challenge.
The Amrapali Group, which has unfinished projects peppered across Noida and Greater Noida, is a case in point. The Supreme Court, which which is hearing a batch of pleas of 42,000 home buyers against the embattled group for failing to give the possession of flats, had asked the Noida and Greater Noida Authorities whether they will be able to complete the projects. The authorities responded that they did not have the capability to handle projects of such big scale, but suggested that perhaps UP RERA could take these up.
“While it (UP RERA) certainly cannot complete projects by itself, it can find appropriate solutions by approaching competent authorities or even appoint a project management consultant to finish these,” said Kumar Mihir, lawyer, representing Amrapali homebuyers.
LEAKING ESCROW
Sound as it may appear on paper, in practice, however, too many instances of leaks in builders’ escrow accounts have come to light.
“The problem in most cases has arisen not because of shortage of funds but because monies collected from homebuyers have been siphoned off. This is because builders have exploited gaps in RERA rules of some states. For instance, the Uttar Pradesh RERA rules do not mandate parking funds in an escrow account for projects that started before May 1, 2017. Had it applied to all ongoing projects before May 1, 2017 the funding for most of the incomplete RERA projects would have been sorted,” said a lawyer who did not wish to be identified.
The RERA rules framed for the union territories had categorically stated that promoters of ongoing projects are required to set aside 70% of funds collected for specific project in a separate escrow account.
Some states such as Uttarakhand, Orissa and Bihar have adopted the central RERA rules. Maharashtra and Gujarat rules stipulate that only 70 percent of funds collected in the future, after May 01, 2017, have to be kept aside in an escrow account. The Uttar Pradesh RERA rules are silent, which builders have taken advantage of to siphon off funds.
BUYERS AS BUILDERS
Exasperated buyers are now beginning to come forward to turn builders themselves. RERA rules allow this and the few cases, if successfully tested, can well serve as the proof of concept for this model.
The Maharashtra real estate regulator has already come with a standard operating procedure (SOP) that allowed homebuyers to remove a developer in case the project is not completed on time.
The SOP allows a homebuyers’ association that enjoys the backing of at least 51 percent of its members to remove the developer from a much-delayed project. It even empowers the association to even cancel the developer’s registration under the MahaRERA Act.
Last year, the UP RERA decided to consider a proposal by defrauded homebuyers to take over and complete a project in Noida that had been delayed by several years.
“Prima facie, this appears to be an excellent move and will also set a very good precedent. But, it is also very important to know (a) how the project will be funded and (b) if the builder has taken more money than what work has been done by him and how RERA plans to recover the excess money from him,” said Abhay Upadhyay, President, Forum For People's Collective Efforts.
Experts, however, sounded a caveat. Authorities taking over incomplete projects should be an exception, rather than a norm because under RERA a builder should adhere to the rules, with strict penalties for violation. Also, it may be difficult for RERA to undertake a project from scratch.
“Doing something from scratch is very difficult. We will not advise it. It all depends on the size of the project and should be taken up on a case-to-case basis. It is not something that can be applied across the board,” said a lawyer who did not wish to be identified.
CRISIS OF CONFIDENCE
RERA’s institutionalisation was predicated upon customer centricity. The state bodies were expected to play the role of a strict referee that would instill the fear of law among deceitful builders.
Three years later, customers say, the job remains half done. The two main issues that homebuyers face today are to do with lack of confidence about execution of RERA orders by realty companies, and multiple forums for grievance redressal.
A mere RERA registration does not guarantee that a project will be delivered on time. An under-construction project, therefore, continues to remain a risky bet despite RERA.
“This is because RERA authorities are not taking proactive steps to ensure that all provisions are being complied with by the builder, nor are they monitoring the progress of the projects. They should ensure that projects are granted extension only under exceptional circumstances”, said Upadhyay, president of Fight for RERA, an umbrella body of homebuyers.
There are also instances where realty companies have given different timelines to homebuyers and the authority. “A builder cannot change timelines. At best, he can only ask for a one year extension from the regulatory authority. If the builder changes timelines he is liabile to pay penalty. Authorities should be on their toes to address the issue,” said lawyer quoted earlier.
What is needed are speedier clearances and cutting down of bureaucratic red tape.
“The government should expedite a single window clearance mechanism for the real estate sector. The clearance and approval process for residential real estate projects has been an impediment for a long time. After RERA was launched, it became all the more important to facilitate smooth clearances and approvals so that there are no execution delays due to procedural hindrances,” said Amit Ruparel, managing director, Ruparel Realty.
Most contracts with homebuyers were changed after RERA came into effect from May 1, 2017. This has complicated timeline commitments.
“For most projects those timelines are almost ending. It is for RERA authorities to now start mapping those projects to see if there are delays and to start sending out show cause notices to developers. RERA’s job is not merely to register a project but also to map the projects and ensure that their timelines are being met,” said the lawyer who did not wish to be identified.
That said, the process is evolving in the right direction, albeit slowly, expert said.
“Things are changing for the better. Generally, players are far more accountable and cannot easily get away with breaking the RERA rules. While the redressal of complaints is not satisfactory for many, consumers are coming forward in large numbers to register complaints across states. The Wild West days of Indian real estate are definitely over”, says Anuj Puri, chairman, ANAROCK Property Consultants.
Project and real estate agent registrations have been rising steadily. For instance, in Andhra Pradesh as many as 307 projects were registered under RERA as on date, a five-fold increase from 61 in November 2018.
Maharashtra is currently the most active state having the highest project registrations with more than 20,718 projects under MahaRERA so far, and nearly 19,699 RERA-registered real estate agents.
Project registration in Karnataka currently stands at 2530 projects and 1342 RERA-registered real estate agents, says data shared by ANAROCK.
Gujarat has 5,317 RERA-registered projects and 899 registered agents and agencies.
“RERA, accompanied by reduced GST rates, has helped in bringing back consumer confidence and the trust factor which the industry lacked,” said Rahul Grover, president, Sales and Operations at Sai Estate Consultants.
This article was originally published in English www.moneycontrol.com
All rights reserved. Any act of copying, reproducing, or distributing this newsletter whether wholly or in part, for any purpose without the permission of Amit B Wadhwani is strictly prohibited and shall be deemed to be copyright infringement.
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low rise condominium1
Gurgaon became popular as an IT town of India with large scale companies like Infosys, NIIT and Oracle and many more leading business firms are in the close proximity. The largest city in Delhi/NCR, Gurgaon enjoys the close vicinity to the National Capital Delhi and by itself a part of the National Capital region and also considered as part of Delhi/NCR region. As a result, high-rise apartments with grand amenities have shown a massive demand with top developers investing in group housing projects here.
The real estate developers such as Omaxe, Unitech, Mahagun, Ansals, Amrapali etc. ensures of every high-profile amenity to the home-seeker that make your life interesting. Many other real estate firms have been planned to develop some residential and commercial properties for the future. With each passing day, real estate sector is improving because of these top rated developers fueling large money into this sector. Although like most of Delhi/NCR the appreciation of Gurgaon properties in residential housing projects is rising as compared to other cities.
In addition to this, the Gurgaon city is currently experiencing an end user driven market and also, it boast of one of the most affordable localities in the national Capital Region. The real estate situation is said to improve the region with a number of new launching projects in luxury Gurgaon in accordance with NH-8, Mahavir chowk flyover. This might catch the attention of many buyers so that they considered Gurgaon as a great investment option. Even more, improved connectivity will surely help in price appreciation and rate of return on investment, which is currently high. Noida, Greater Noida and Gurgaon are the 3 cities that have opened the ways of growth and development in Delhi/NCR area but developers have chosen Gurgaon to invest in-as it is highly in demand with its connectivity to nearby locations have made the builders purchase luxury apartments and further develop it for commercial and residential purpose.
The annual appreciation in the Gurgaon region has been recorded to 15 to 18%. The region has many of the finest integrated housing projects and some luxury units. Moreover, small builders in Gurgaon have limited resources to execute big scale residential and commercial projects, but top builders like Lotus Greens Developers has been successful in completion of their new upcoming projects. Many of the real estate builders are targeting to lower and middle income group individuals in terms of sales.
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Soy Sauce Market Strategic Insights and key Business Influencing Factors | Major Players – Lee Kum Kee.; Bourbon Barrel Foods; Masan Group.; Kikkoman Corporation.
Soy Sauce Market is a brown sauce which is usually made by fermented soya beans, brine, koji and roasted grain. They are widely used in Japanese and Chinese dishes. They are mainly added to enhance the flavour of the food. They are considered ideal all-purpose seasoning. They are available in brewed and blended type. Light soy sauce, dark soy sauce, tamari, and other are some of the common types of the soya sauce. They are rich in isoflavones, protein, antioxidants, and other small amount of fibre.
Global soy sauce market is set to witness a substantial CAGR of 7.39% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand as flavour enhancer and availability of different flavours are the factor for the market growth.
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Competitive Analysis: Global Soy Sauce Market
Few of the major competitors currently working in the global soy sauce market are OTAFUKU SAUCE CO.,LTD.; YAMASA Corporation USA; Lee Kum Kee.; Bourbon Barrel Foods; Masan Group.; Kikkoman Corporation; Foshan Haitian flavouring & Food Co.Ltd; Amrapali Biotech; Sing Cheung Co; PRB BIO-TECH CO.,LTD.; ABC USA.; Aloha Shoyu Company; HIGETA SHOYU; SAN-J; Eden Foods Inc.; Kodanmal Co., Ltd.; SHODA SHOYU CO.,LTD.; Dreams Food; Monggo Foods Co., Ltd.; among others.
Key Pointers Covered in the Global Soy Sauce Market Trends and Forecast to 2026
Global Soy Sauce Market New Sales Volumes
Global Soy Sauce Market Replacement Sales Volumes
Global Soy Sauce Market Installed Base
Global Soy Sauce Market By Brands
Global Soy Sauce Market Size
Global Soy Sauce Market Procedure Volumes
Global Soy Sauce Market Product Price Analysis
Global Soy Sauce Market Healthcare Outcomes
Global Soy Sauce Market Cost of Care Analysis
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Global Soy Sauce Market Shares in Different Regions
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Key Developments in the Market:
In December 2018, Orkla announced that they have sold their Mrs Cheng's brand to the Continental Foods. The main aim of the sale was to decrease the complexity of their portfolio. This acquisition will be beneficial for the Continental Foods as it will help them to enhance their product portfolio and will also help them to offer better services to their customer
In May 2018, Kikkoman Corporation announced the launch of their Ponzu Citrus Soy Sauce at UK. This new product is the combination of the naturally brewed soy sauce with Japanese condiment Ponzu. The main aim of the launch is to meet the rising demand of the customer for Japanese cuisines. This new product has sour, salty, tangy and sweet taste
Scope of the Soy Sauce Market
Global Soy Sauce Market By Type (Brewed, Blended), Application (Household, Food Industry), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Global soy sauce market is set to witness a substantial CAGR of 7.39% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand as flavour enhancer and availability of different flavours are the factor for the market growth.
Soy sauce is a brown sauce which is usually made by fermented soya beans, brine, koji and roasted grain. They are widely used in Japanese and Chinese dishes. They are mainly added to enhance the flavour of the food. They are considered ideal all-purpose seasoning. They are available in brewed and blended type. Light soy sauce, dark soy sauce, tamari, and other are some of the common types of the soya sauce. They are rich in isoflavones, protein, antioxidants, and other small amount of fibre.
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Key insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved
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Godrej Roseberry - Godrej Properties Sector 43 Noida
Strategically located in Sector 43 Noida, Godrej Properties has recently launched Godrej Roseberry Noida. Here the accommodation is available in the configuration of 2 BHK, 3 BHK, and 4 BHK residential apartments with modern as well as basic amenities.
The clubhouse spans over an area of 40,000 square feet with all apartments presenting picturesque park view and vertical gardens inspired by famous Changi airport. In total, the property consists of 7 towers with 999 total units situated in the absolute heart of Noida. The project is specially designed by keeping luxurious living style in mind to provide peace, comfort, and happiness to the residents of the building thus, creating an unmatched lifestyle and legacy.
Some of the prominent amenities of the residential property include fitness gym for fitness freaks, lift elevator for easiness, luxury clubhouse, badminton court, food court, infinity swimming pool, walking track, meditation area, table tennis, 24 hour security, party lawn, power backup and zero waste society.
Due to the prime location, the project enjoys good connectivity to Noida Golf Course. Due to too much lush greenery, one can always feel the beauty of nature and freshness. Also, Sector 43 is within close proximity to Botanical Garden via Okhla Sanctuary, Mahamaya flyover, and Amrapali Marg. As per the latest survey by ABP News, Noida has received the best city award in 2015. Some major attractions such as hospital, bus stand, school, college, and others make the daily living here peaceful and enjoyable.
Godrej Group is one of the most renowned and well-known real estate builders & developers today in the real estate industry. The company’s portfolio consists of commercial, residential, and township projects. The three hallmarks of Godrej Properties include sustainability, excellence, and innovation. Ever since the company started, it has received a plethora of awards such as Most Reliable Builder at the CNBC AWAAZ Real Estate Awards 2014 and Real Estate Company of the Year at the Construction Week India Awards 2015.
Call Now @ 9250005977
Visit here - http://www.godrejnewlaunches.in/noida/godrej-roseberry/
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GBS Noida Best Commercial Properties In Greater Noida
Buy Commercial Properties In Greater Noida
Development of new connectivity by Investing In GBS Noida Commercial Properties In Greater Noida West can add immense value to an area. It not only provides an opportunity for the developers to do more business but it also provides new options to end-users. Best of all, it helps in containing the price rise of real estate projects in the main districts of a town.
The newly-built bridge over Hindon river near Sectors 121 and 119 in Noida have reduced the distance of Greater Noida Sectors 1 and 4 from main Noida to almost half. Because of the bridge, Noida's connectivity has improved so much that the new area is being termed as Noida Extension. Since then, a number of developers in the area have launched apartments in the price range of Rs 9 lakh for one bedroom with a hall and kitchen (1BHK) apartment to Rs 15 lakh for a 2BHK and Rs 18 lakh for a 3BHK.
The distance of Sector 1 and Sector 4 of Greater Noida, where a number of real estates projects are being developed, has reduced to about 11km from the main market place, Sector 18 in Noida, because of the bridge. Earlier, the distance from Sector 18 to the place was around 18km. The distance from the main commercial centers like Sectors 61 and 62 to have come down to around 8km from the earlier 14km.
Before the construction of the new bridge, one had to travel to reach these areas via National Highway 24. Not only is the distance via NH-24 longer, but NH-24 also remains congested most of the time, and as a result homebuyers were reluctant to purchase apartments in these areas. The traffic along the stretch at Vijaynagar across Hindon river on NH-24 remains particularly bad.
At present, a number of developers including Gaursons, Amrapali, and Supertech are developing large townships in the locality. The size of each township is around 150 acre with all the latest amenities like schools, playgrounds, hospitals, market complexes, and commercial property - in fact, Supertech has two townships lined up. Besides this, a number of small developers have also joined in to develop condominiums on smaller plots of 20 to 30 acres.
As the area offers such a huge landmass for development, a number of commercial projects are also coming up in the locality. A large multi-specialty hospital is being developed by Metro Hospital group in the area. Besides this, an IT park has also been GBS Noida Commercial Properties In Greater Noida authority is planning to develop a number of real estate projects. Such connectivity inevitably brings in a huge chunk of land into the mainstream on which residential complexes for the middle-class communities could be developed.
The availability of large chunks of land to develop the housing apartments has made developers keep prices at the highly competitive range. Most of the apartments in these areas have been launched for around Rs 1,800 per sq feet as the basic selling price. This has brought prices of apartments here within the affordable range for the middle class. After making payment for the cash-down component, one can buy a two-bedroom apartment for an EMI of around Rs 12,000 per month. That means, one, whose annual income is Rs 3 lakh per annum can afford to buy a house in this area.
Contact Person: Tushar Sharma
Phone no: 9811195009
Email Id: [email protected]
https://www.gbsnoida.com/
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Amrapali Riverview is a residential project by the Amrapali Group of builders. The residential project is one of the newly launched developments that come with huge facilities that give you a welcome lifestyle.
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Global Business Square Greater Noida | Commercial Space In Noida
Development of new connectivity can add immense value to an area. It not only provides an opportunity to the developers to do more business but it also provides new options to end-users. Best of all, it helps in containing the price rise of real estate Best Commercial Projects In Noida in the main districts of a town.
The newly-built bridge over Hindon river near Sectors 121 and 119 in Noida have reduced the distance of Greater Noida Sectors 1 and 4 from main Noida to almost half. Because of the bridge, Noida's connectivity has improved so much that the new area is being termed as Noida Extension. Since then, a number of developers in the area have launched apartments in the price range of Rs 9 lakh for one bedroom with a hall and kitchen (1BHK) apartment to Rs 15 lakh for a 2BHK and Rs 18 lakh for a 3BHK.
The distance of Sector 1 and Sector 4 of Greater Noida, where a number of real estate projects are being developed, has reduced to about 11km from the main market place, Sector 18 in Noida, because of the bridge. Earlier, the distance from Sector 18 to the place was around 18km. The distance from the main commercial centers like Sectors 61 and 62 too has come down to around 8km from the earlier 14km.
Before the construction of the new bridge, one had to travel to reach these areas via National Highway 24. Not only is the distance via NH-24 longer, but NH-24 also remains congested most of the time, and as a result homebuyers were reluctant to purchase apartments in these areas. The traffic along the stretch at Vijaynagar across Hindon river on NH-24 remains particularly bad.
At present, a number of developers including Gaursons, Amrapali and Supertech are developing large townships in the locality. The size of the each township is around 150 acre with all the latest amenities like schools, playgrounds, hospitals, market complexes and Commercial Space In Noida - in fact, Supertech has two townships lined up. Besides this, a number of small developers have also joined in to develop condominiums on smaller plots of 20 to 30 acres.
As the area is offers such a huge land mass for development, a number of commercial projects are also coming up in the locality. A large multi-specialty hospital is being developed by Metro Hospital group in the area. Besides this, an IT park has also been proposed in the area. Just along the Hindon, Greater Noida authority is planning to develop a number of real estate projects. Such connectivity inevitably brings in a huge chunk of land into the mainstream on which residential complexes for the middle-class communities could be developed.
The availability of large chunks of land to develop the housing apartments has made developers keep prices at highly competitive range. Most of the apartments in these areas have been launched for around Rs 1,800 per sq feet as the basic selling price. This has brought Commercial Space In Noida within the affordable range for the middle class. After making payment for the cash-down component, one can buy a two-bedroom apartment for an EMI of around Rs 12,000 per month. That means, one, whose annual income is Rs 3 lakh per annum can afford to buy a house in this area.
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PropTOQ presents the Year in review 2018 for the Real Estate sector. 20 RERA tribunals are operational in India with over 35,000 registered projects and 23,000 registered agents. Nearly 9700 complaints have been filed with RERA authorities so far. CBI arrested Ramesh and Sanjay Chandra from Unitech; ICICI Bank filed an insolvency case against Jaypee Associates while the Supreme Court sent 3 directors of Amrapali group to police custody. GST rate levied on under-construction homes to 5% from the current 12%. In infrastructure news, the much-awaited Signature Bridge was opened to the public in Delhi after a delay of over 14 years. Prime Minister Narendra Modi inaugurated Bogibeel bridge India’s longest railroad bridge spanning 4.94 kilometres in Assam. Kerala becomes the first state in India to get 4 international airports. 50 smart city command centres to come up all across India by 2019 The smart cities opportunity in India is pegged at 4 billion dollars. Net leasing of office space in India rose by 16% to 33.3 million square feet in 2018 with Connaught Place being the most expensive office market as per JLL. Some notable leasing deals included Facebook’s 3,30,000 sqft deal in Raidurg, Hyderabad and Infosys 4,00,000 sqft deal in Hinjewadi, Pune. Close to 38-40 million sqft of new space is lined up for completion in 2019 led by cities like Bangalore, Hyderabad, Gurgaon and Noida. 6 years after its announcement IKEA finally opened it’s first store in India at Hyderabad. Walmart announced plans of doubling its wholesale presence in India by setting up 20 new stores in the next 3 years. Allianz ESR joint venture announced plans to invest 1 billion dollars in India’s logistics sector while Aparna Group plans to invest 1,700 crores in commercial reality. The retail sector will witness addition of 13.5 million sqft in 2019 as per Anarock. The Residential Real estate sector in 2018 was characterized by increased demand for ready to move in homes priced between 20-50 lakhs. The year witnessed new launches of 21 lakh units with unsold inventory of 6.82 lakh units. Government-backed Pradhan Mantri Awas Yojana saw the approval of 63.5 lakh new units alongside the delivery of close 12.2 lakh homes in 2018 PM Modi also kicked off low cost housing projects worth Rs. 33,000 Crores in Mumbai. HDFC Bank disbursed 1,100 Crores of subsidy under PMAY. Sobha Developers claimed to have sold 2 million sqft of residential projects in the first 2 quarters of the current fiscal year. Student accommodation emerged as an interesting niche in the residential sector witnessing rental yields in the range of upto 14%. This segment is expected to grow at a CAGR of 38% till 2020 PropTech was a buzzword in the global investment circles throughout the year. The segment witnessed a whopping 2,243 deals in 1,279 companies totaling to a staggering 16.8 billion dollars in investment. In India, 3D visualization platform Foyr raised 4.2 million dollars in fresh funding. Coworking space was another hot bed for investments in 2018 with global giant WeWork raising a mind-boggling 3 Billion dollars from Softbank at a valuation of a staggering 42 Billion dollars. Closer home, Indian brands like Awfis and GoWork raised 20 and 13.8 million dollars respectively. 2019 looks to be the year in which the Coworking space business is expected to expand 4-8 times of its current size in India. India’s first Real Estate Investment Trust worth Rs. 5000 Crores announced by Blackstone Group and Embassy Group is expected to launch in January 2019 As per Cushman and Wakefield, commercial properties that are REITable investment opportunities are between 43 to 54 Billion dollars in top cities of India. In exciting developments, IIT Madras and Tvasta unveiled India’s first 3D printing construction technology and with over 5 billion square feet India became the country with the 2nd largest green building footprint in the world. Other notable deals of the year 2018 in real estate saw Blackstone Group acquire One Indiabulls in Chennai for Rs. 900 Crores in May. Real Estate portal housing portal housing.com facilitated sales of Rs. 1,200 Crores of properties in October. Realty major DLF bought 11.76 acres of land for expansion in Gurugram for Rs. 15 Billion and India ranked 19th in the world in cross border capital inflow in realty with 2.6 billion dollars invested by Retail Investors and 5.5 billion dollars invested by Institutional Investors. Major appointments and leadership movement in the industry saw Mr. Sanjay Dutt being appointed as MD & CEO of Tata Housing and Tata Real Estate and Infrastructure Ltd. Mr. Santosh Kumar joined ANAROCK as Group Vice Chairman. RICS appointed Mr. Nimish Gupta as the Managing Director for South Asia and Mr. Harleen Oberoi joined Colliers International India as Senior Executive Director.
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MARKET REPORT- A PRESS REPORT – REAL ESTATE SCENARIO - Planning to buy for self use and occupation - Wait till Feb, March 2018 - A Suggestion
MARKET REPORT- A PRESS REPORT – REAL ESTATE SCENARIO – Planning to buy for self use and occupation – Wait till Feb, March 2018 – A Suggestion
The implementation of the new real estate regulation along with the ongoing insolvency and bankruptcy proceedings by the National Company Law Tribunal (NCLT) against debt-ridden builders are likely to push for sale of distressed assets, triggering a fall in land prices by February 2018, according to a report by brokerage firm Ambit Capital Pvt. Ltd. The report also indicates stress for…
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#a Mumbai-based realty firm. The report by Ambit also said that because of fall in land and property prices homeowners may start defaulting o#according to a report by brokerage firm Ambit Capital Pvt. Ltd. The report also indicates stress for non-banking finance companies (NBFC) an#adding that NBFCs and HFCs with large developer loan portfolios may take a hit. According to the report#” Ambit said. Analysts are of the view that only those NBFCs and HFCs may face stress that have not followed adequate risk management polici#” he said. Ambit expects Godrej Properties and Sobha Developers to gain market share in the real estate business. It said that property mark#” it said. NCLT has started insolvency proceedings against Delhi based developers like Amrapali Infrastructure and Jaypee Infratech for fail#” said the report. The failed auctions for prime plots in Mumbai and Oberoi Realty’s discounted land purchase in Thane from GlaxoSmithKline#” said Vrushank Mehta#” the report stated#GSK sold around 60 acres land at Thane in Maharashtra to Oberoi Realty for around Rs555 crore. The transaction translates into Rs9 crore per#head of corporate strategy and land acquisition at Wadhwa Group#inception of Real Estate (Regulation and Development) Act and NCLT process are making developers hold off from launching new projects. Besid#it is natural that real estate developers launch cheaper properties through 2019 and 2020#it said. In September#JM Financial Ltd#launches of residential projects in India’s top eight cities declined by 41% in the first six months of this year. “We expect land prices to#MARKET REPORT- A PRESS REPORT – REAL ESTATE SCENARIO The implementation of the new real estate regulation along with the ongoing insolvency#most developers are focused on offloading their current stock rather than launching new projects. As per a 5 July report by property consult#no other developer had the means or the gumption to bid for this plot#Piramal Enterprises Ltd and Edelweiss Financial Services Ltd have the highest exposure to developer loans. “There is trouble ahead for NBFCs#pointed out that limited availability of funding for real estate developers#senior analyst—financial institutions at India Ratings said that a slowdown in real estate was prevalent even during 2014 and that property#the report said. “Thanks to the oversupply of flats in Thane and due to punitive sanctions imposed by RERA#the same plot of land would have fetched double the amount#titled ‘Real Estate-Recovery is far away’#triggering a fall in land prices by February 2018#with inventory piling up over the last three to four years
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The Supreme Courtroom on Friday requested the Centre if it was ready to launch an emergency mortgage of Rs 500 crore for funding stalled Amrapali group housing initiatives. The Centre mentioned it will get again with a response by Could 27, the following date of listening to within the case. The Centre was additionally requested […]
The post SC seeks govt reply on assist to Amrapali – actual property appeared first on Today 24 News.
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RERA law must be implemented effectively to build trust between buyers, builders: Housing Minister
New Post has been published on https://apzweb.com/rera-law-must-be-implemented-effectively-to-build-trust-between-buyers-builders-housing-minister/
RERA law must be implemented effectively to build trust between buyers, builders: Housing Minister
NEW DELHI: The effective implementation of the real estate law RERA will help in restoring the trust between the developers and property buyers, besides ensuring that there are no defaults in delivery of projects, Housing and Urban Affairs Minister Hardeep Singh Puri said on Saturday.
Addressing a webinar on the occasion to celebrate the completion of three years of RERA, Puri said the government has taken many steps to help the realty sector deal with the crisis caused by the COVID-19 pandemic.
He told real estate regulators in states/ union territories to play a crucial role in reviving the sector.
The Real Estate (Regulation and Development) Act was passed in the Parliament during 2016 and the law came into force from May 2017.
“One of the principal objectives of RERA was to help restore the trust between a buyer and the seller. And, this trust can only be restored by the true and effective implementation of RERA,” Puri said.
This would not only help ease the burden of inventory pile-up in the sector but also provide the necessary financial cushion to the developers to complete pending projects, he added.
Stating that the RERA law is an article of faith for the government, Puri said it is our collective duty to ensure that instances such as Amrapali, Jaypee and Unitech, do not recur again.
Highlighting the steps taken to boost the real estate sector during this pandemic, Puri informed that the Centre has issued advisories to regulatory authorities of all States to automatically extend the timeline of completing the projects by six months.
The minister said the government has extended the interest subsidy scheme CLSS for the middle-income group and announced the launch of a scheme to provide affordable rental homes to urban poor.
Housing and Urban Affairs Secretary Durga Shanker Mishra said the extension of timeline for projects completion has been allowed to protect the interest of all stakeholders, including home buyers and financial institutions, and not only for the benefit of builders.
The video conference was attended by many state real estate regulators and industry bodies like Assocham, FICCI, Naredco and Credai, as well as homebuyers association.
Puri said the pandemic is deeply hurting the economic interests of all the sectors and real estate is no exception.
“Covid-19 has also had a debilitating effect on the real estate sector, which has become a cause for project delays,” he said.
Puri pointed out the construction activities had come to a standstill because of the lockdown. He said lakh of migrant workers left cities for their native villages and many more waiting to leave.
The government has put in place certain measures to allow for construction activities effective from April 20.
“The government has taken several steps in recent times so that the real estate sector survives the onslaught of the COVID-19 pandemic,” the minister said.
Puri said his ministry has issued a necessary advisory to all States and their regulatory authorities for issuance of necessary orders to automatically extend the completion date for all real estate projects registered under RERA for a period of six months, where completion date expires on or after 25th March 2020.
The regulatory authorities may further extend this timeline for a period up to 3 months, for the whole of the State or part thereof, if needed.
“This will go a long way in addressing the anxiety amongst the home buyers and the developers, due to covid-19 and is a step towards regulatory easing,” Puri said.
On the proposed Affordable Rental Housing Complex (ARHC) scheme for migrant labour/urban poor, the minister said this step will to a great extent alleviate the problem of providing temporary housing to migrant people who are stranded in several urban areas.
The Credit Link Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana – Urban (PMAY-U) for the middle-income group has also been extended till March 2021. 2.5 lakh middle-class people are likely to get benefited through this move.
“These measures are aimed at giving a fillip to the housing sector,” Puri said.
Talking about the progress of the implementation of the RERA law, the minister said as many as 31 States/UTs have notified the rules under RERA, and the two pending northeastern states are under process to notify the same.
As many as 30 States / UTs have set up Real Estate Regulatory Authorities, of which 24 have set up full-time regulatory authorities, and 6 have interim authorities. As regards Appellate Tribunal, 24 States / UTs have set up Real Estate Appellate Tribunal, of which 16 have set-up regular Appellate Tribunals, and eight have set up interim tribunals.
The operationalisation of a web-portal for project information has been operationalised by 25 States / UTs.
“I would urge all those States / UTs which are yet to notify their Rules, or yet to establish their Regulatory Authorities / Appellate Tribunal and set up their websites, to do the same at the earliest,” Puri said.
As regards registrations under RERA, he said 51,971 projects and 40,517 real estate agents have been registered with the regulatory authorities across the country.
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