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Luxury Apartments for Sale in Aerocity, Mohali | Homlea
Discover luxury apartments for sale in Aerocity, Mohali with Homlea. Explore modern living spaces designed for comfort and style. Our listings feature premium amenities and strategic locations, ensuring convenience and luxury. Find your dream home today with Homlea's expert guidance and personalized service. Invest in elegance and comfort in Aerocity, Mohali's prime residential area.
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Purva Aerocity is more than just a residential complex; it's a vibrant community designed to cater to the diverse needs of its residents. From world-class amenities such as a clubhouse, swimming pool, gymnasium, and sports facilities to lush green spaces, jogging tracks, and children's play areas, every aspect of the development is curated to promote wellness, recreation, and social interaction.
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2/3BHK Ready to Move flats for sale in Aerocity, Mohali 🏡 | Buy Luxury Apartments in Aerocity Mohali Discover your dream luxury apartments in Mohali with Estate Drive! We present ready to move flats in Aerocity, offering the perfect blend of comfort and luxury. Whether you're looking for a 2 BHK or a 3 BHK flat near the Airport Road, we have premium options just for you. 📍 Location: Near I Block, Aerocity, Mohali
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A Comprehensive Guide to Investing in Commercial Projects for Sale in Delhi
Introduction
Delhi is the capital city of India, holding a pool of diverse culture, traditions, and most importantly, economic activities. It happens to be one of the fastest-growing metropolitan cities, hence allowing immense open opportunities for commercial real estate investments. Whether you are a seasoned investor or a growing business looking to expand, it is vital to understand the commercial real estate landscape prevailing in Delhi. Below is a guide for understanding in depth the commercial projects for sale in Delhi, focusing on the major areas, key benefits, and considerations, if any, for a potential investor.
Why Invest in Commercial Projects in Delhi?
1. Strategic Location
Delhi forms the strategic center of Northern India. The comprehensive network of roads, railways, and airways provides excellent connectivity between Delhi and various major cities and industrial centers in the country. With one of India's busiest airports in Delhi—Indira Gandhi International Airport—connectivity becomes even better.
2. Robust Infrastructure
Delhi has found its place with world-class infrastructure and is host to many state-of-the-art commercial complexes, IT parks, and business centers, equipped with modern amenities. The massive metro network, flyovers, and expressways provide hassle-free transportation, and have also fueled the city's emergence as a business destination.
3. Economic Growth
Delhi contributes a lot to the Gross Domestic Product of India and has an expanding economy that is fed by various industries like IT, manufacturing, retail, and hospitality. In the city, multinationals, startups, and SMEs are vast in number, thereby creating a very dynamic business environment with a huge demand for commercial real estate.
4. Initiatives of Governments
The Indian government has been involved in designing some policies for the betterment of the real estate sector in Delhi. RERA brought transparency and accountability into the market and increased the confidence of investors. More importantly, urban development projects under the Smart Cities Mission further leveraged growth in Delhi's infrastructure and livability.
Types of Commercial Projects in Delhi
1. Office Spaces
The office spaces are among the most popular commercial properties in Delhi. From high-end office spaces in central business district locales to affordable coworking spaces in emerging commercial hubs, there is everything an investor could want in the city. Places like Connaught Place, Saket, and Nehru Place are very popular for their high-grade office spaces that attract top-tier companies.
2. Retail Spaces
Delhi offers a lot of potential opportunities in the retail sector. This includes high-street retail spaces, shopping malls, and standalone retail units in demand because of the growing consumer base of the city. Noted locations in the city, like Connaught Place, Khan Market, and DLF Promenade, attract retailers and investors through heavy footfalls.
3. Industrial and Warehousing
The Delhi industrial and warehousing market has indeed seen rapid growth; this was strongly supported by the boom in the e-commerce industry and a consequent demand for effective logistic solutions. Major industrial parks and warehousing facilities in areas like Okhla, Patparganj, and Narela are now fitted out with state-of-the-art facilities to cater to the requirements of both manufacturing and logistic companies.
4. Hospitality and Mixed-Use Developments
Delhi's hospitality sector is getting a feel of the constant rush of business visitors and tourists. The hotels, serviced apartments, and mixed-use developments that integrate commercial, retail, and residential components are a very high-return investment. Aerocity, Connaught Place, and Saket have become some of the popular choices in hospitality investments.
Key Points to Consider While Investing in Commercial Projects
1. Location
The most key factor for the success of a commercial property is its location. Thus, proximity to transport hubs, business districts, and residential areas may also drive footfalls and thereby occupancy. Do thorough research in finding places with growing potential and creating a demand for commercial spaces.
2. Infrastructure and Amenities
The importance of modern infrastructure and facilities to attract tenants and customers cannot be overlooked. Look out for spaces having basic features like ample parking space, 24/7 security, back-up power, and high-speed internet connectivity. It is also important that a commercial building be located in proximity to banks, restaurants, and other such services.
3. Reputation of the builder
One such critical factor is the reputation of the developer, which secures the assurance of quality and timely delivery. Go for developers with a credibility record of successful commercial projects in the past. Check for certifications, customer reviews, and past project performances that can estimate their reliability.
4. Legal Due Diligence
Due diligence can never be done and future disputes or legal complications totally avoided. The titles of the property should be clear, with necessary approvals and compliance with the local zoning laws and regulations. A legal expert can help in maneuvering through the complexities of property transactions.
5. Return on Investment (ROI)
One has to keep in mind the possible ROI of the commercial project before investing into the same. The rental yields, capital appreciation, and the demand in the market would be keeping in mind. A comparative analysis could be done for similar properties in the locality to evaluate returns that may be on the cards.
Best Commercial Projects for Sale in Delhi
Raheja The Delhi Mall Complex is a newly launched commercial project by Raheja developers in Patel Nagar/ New Delhi, offers an unparalleled retail experience. From a range of retail shops and restaurants to the most modern facilities, everything is under one umbrella. Added safety and trust that comes with Mutual Fund elevate the status of this mall as an absolutely safe and reliable destination for shopping. Be it a Central Delhiite or a visitor, Raheja The Delhi Mall is the ultimate destination that gives the wonderful retail experience.
Devika Sadar Bazar is one of the exciting ready-to-move commercial projects in India's largest trading hub, Sadar Bazar, Delhi. It has been developed by the well-known Devika Group and is sure to give a new definition to the commercial activities of the area. A Delhi RERA-approved project, Devika Sadar Bazar becomes a safe and fruitful investment avenue.
Migsun Rohini Central—The Ultimate Commercial Retail Space, Rohini, Delhi. Located at Sector 22, this happening destination consists of a lot of High Street retail shops, a food court, and various other entertainment activities. Whether it is the business owner wanting to start a premier entity or the shopper looking for a different experience, Migsun Rohini Central has it all.
Future Trends in Delhi's Commercial Real Estate Market
1. Rise of Co-Working Spaces
New Delhi is asking for flexible office space and co-working solutions due to the expenditure and collaboration characteristics associated with them. Startups, freelancers, and even established companies are moving towards coworking spaces. This trend is going to last and support the growth of coworking operators and shared office spaces.
2. Sustainable and Green Buildings
Another area of key focus fast gaining momentum in commercial real estate is sustainability. More and more developers are incorporating green building practices and energy-efficient technologies into their projects. In these cases, the reduction of operational costs because of investments in eco-friendly commercial property might turn out to be appealing to environmentally sensitive tenants and investors.
3. Technological Advancements
Tech Integration into Commercial Real Estate Is the Way Forward in doing business. Smart buildings that include IoT devices, automated systems, and other advanced security features are trending. This will help create a niche for competitive advantage and better tenant satisfaction by choosing investments in technologically advanced commercial projects.
4. Mixed-Use Developments
Mixed-use development, involving commercial, residential, and retail elements, is fast catching up in Delhi. This is due to the convenience and holistic living experience that such integrated projects offer to people. The trend in mixed-use development is going to be the future of commercial real estate in the city.
How to Choose the Right Commercial Project in Delhi
1. Understand Your Investment Goals
Before you invest in a commercial project, make sure to clearly define your investment goals. Are you seeking income on rent, capital appreciation, or maybe a mix of both? Knowing what exactly you want will help in choosing the right property aligned to your financial goal.
2. Do Your Market Research
A lot of meticulous market research needs to go into the selection of the best commercial projects in Delhi. Research current market trends, demand-supply situation, and performance for different commercial sectors. Online realty portals, discussions with industry veterans, or visiting properties on the radar will help divulge every essential information.
3. Assess Financial Viability
Assess the financial viability of the project with respect to the purchase price, rental yield, costs of operation, and possible ROI. Have a detailed financial plan, considering property taxation, maintenance costs, and a possible vacancy rate.
4. Seek Professional Help
Engage real estate consultants, legal advisors, and financial experts to guide you through the investment process. Their counsel can help you make intelligent decisions, navigate complex legal matters, and have a seamless transaction.
5. Consider Future Growth Potential
Be on the lookout for commercial projects that have a high growth potential. This will mean upcoming infrastructure projects, plans, and better connectivity that improve property values and rental demand. Investment in the emerging commercial hubs can be very rewarding in the long run.
Conclusion
Investing in commercial projects for sale in Delhi is full of opportunities for both businesses and investors. With the geographical and infrastructural vantage point and growing economy, Delhi stands in the forefront of witnessing further development. Taking into account some of the key considerations and top commercial projects, one can help in forming an informed investment decision in unlocking Delhi commercial real estate, staying updated with future trends. Be it a new venture, expansion of existing operations, or simply diversification of one's investment portfolio, Delhi offers a dynamic and promising landscape for commercial real estate investments.
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Luxurious Furnished Apartments for Sale in Mohal
The Buy apartment in Mohali, a bustling city in Punjab, is now offering an array of luxurious furnished apartments for sale that combine elegance, comfort, and convenience. Whether you are looking to buy home in Mohali, find the perfect property that fits your needs.
Why Choose Mohali for Your New Home?
Mohali is fast emerging as a prime location for property investment due to its strategic location and rapid development. It is known for its well-planned infrastructure, excellent connectivity, and thriving economy. Here’s why Mohali is a great choice for buying a luxurious furnished apartment:
Strategic Location: Mohali is part of the Chandigarh Tricity, which also includes Chandigarh and Panchkula. This region is known for its high quality of life, with well-maintained roads, green spaces, and modern amenities.
Excellent Connectivity: The city is well-connected by road, rail, and air, making it easy to travel to and from major cities like Chandigarh, Delhi, and Amritsar.
Modern Amenities: Mohali offers a wide range of modern amenities including shopping malls, educational institutions, healthcare facilities, and recreational areas.
What Makes Luxurious Furnished Apartments Stand Out?
When looking to buy an apartment in Mohali, especially a luxurious furnished one, it’s essential to understand what sets these properties apart:
Elegant Interiors: Luxurious furnished apartments come with high-quality furnishings and stylish decor. From plush sofas to elegant dining sets, every detail is designed to offer a sophisticated living experience.
Spacious Layouts: These apartments are designed with spacious floor plans that provide ample living space. Expect large living rooms, well-sized bedrooms, and modern kitchens.
High-End Amenities: Residents can enjoy top-notch amenities such as swimming pools, fitness centers, and landscaped gardens. Many of these apartments also offer smart home features, enhancing comfort and convenience.
Prime Locations: Luxurious apartments are often located in premium neighborhoods that offer breathtaking views, peaceful surroundings, and easy access to essential services.
Top Areas to Consider for Buying a Luxurious Apartment in Mohali
Several neighborhoods in Mohali are renowned for their luxurious living options. Here are a few areas you should consider when looking to buy property in Mohali:
Sectors 66, 67, and 68: These sectors are known for their upscale residential properties and are close to major commercial areas.
Sohana Road: This area offers a range of high-end apartments and is known for its serene environment and easy access to key amenities.
Aerocity: A rapidly developing locality, Aerocity offers modern apartments with excellent infrastructure and connectivity.
How to Buy a Luxurious Furnished Apartment in Mohali
Buying a home in Mohali can be a smooth process if you follow these steps:
Research: Start by researching different neighborhoods and available properties. Consider factors such as location, amenities, and price.
Set a Budget: Determine your budget for purchasing a furnished apartment. This will help narrow down your options and make your search more efficient.
Consult Real Estate Experts: Engage with real estate agents who specialize in luxury properties in Mohali. They can provide valuable insights and help you find the perfect apartment.
Visit Properties: Schedule visits to the apartments you are interested in. This will give you a firsthand experience of the property and help you make an informed decision.
Finalize the Purchase: Once you’ve found the right apartment, work with legal experts to complete the paperwork and finalize the purchase.
Conclusion
Buying a luxurious furnished apartment in Mohali is an excellent investment in your lifestyle and future. With its strategic location, modern amenities, and elegant living options, Mohali offers a unique blend of comfort and convenience. Whether you are looking to buy home in Mohali, buy property in Mohali, or buy apartment in Mohali, there are plenty of options to choose from.
For more information and to explore the best deals on luxurious furnished apartments in Mohali, contact us at +91-9953736673. We’re here to help you find your dream home!
FAQ
1. What should I consider when buying a furnished apartment?
Consider the quality of furnishings, the layout of the apartment, the amenities offered, and the location of the property.
2. How can I find the best deals on luxurious apartments in Mohali?
Research online listings, consult with real estate agents, and visit properties to compare options and find the best deals.
3. Is it worth investing in a furnished apartment?
Yes, a furnished apartment saves you the hassle of furnishing it yourself and offers a ready-to-move-in option with high-quality interiors.
4. What are the benefits of living in Mohali?
Mohali offers excellent connectivity, modern amenities, and a high quality of life, making it an attractive place to live and invest in property.
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3 & 4 BHK | Builder Floors | Duplex Houses |
10 & 14 Marla | Ready to move in | Panchkula
Wrapped in natural beauty and guarded by mountains, Panchkula gives you the space to breathe and reconnect but with the convenience of cosmopolitan living.
💠Premium Features-
✅Luxurious Independent Builder Floors
✅Fully fitted modular kitchen
✅Air Conditioners in living, dining, and bedrooms
✅Dedicated Stilt parking space with Lifts
✅A designated facility in the basement for staff accommodation and storage
✅Peace of mind with security system and camera in stilt and lobby
✅Hob, chimney, refrigerator, microwave, oven, washing machine and dishwasher.
We're here to answer any questions you may have.
Regards Cornerstone Realty:
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If you are hunting a House in categories of Fully Furnished House, Semi-Furnished House, Unfurnished House in Best Residential Areas of Panchkula, Zirakpur, Aerocity Mohali, PR7 and nearby or a First time Home buyer looking for your Dream house, Affordable Housing, Ghar, DreamHome, Home Sweet Home, Aashiyana, Luxurious villa, Kothi, Luxurious Penthouse, Duplex house in areas of Panchkula, Zirakpur, Peermuchalla, Dhakoli, Amravati, Aerocity Mohali, PR7, in other areas of tricity and nearby with world class amenities, Cornerstone Realty has the Key To Your Castle.
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We Help Our Clients finding their dream home in areas of Zirakpur, Panchkula, Peermuchalla, Dhakoli, Aerocity, Mohali, PR7, Amravati, other areas of Tricity and nearby.
Call to Schedule a Free Visit-
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Top real estate agents in Mohali | 3+1BHK and 4+1BHK apartments for sale in Mohali
Top real estate agents in Mohali - The flats for sale at Marbella Grand Mohali are the perfect blend of architecture and interior design. That means you can live in the beautiful realm at the luxurious apartments for sale in aerocity Mohali. The projects are RERA approved and are the embodiment of comfort and luxury and there is no compromise on the quality. Apartment size ranges from 239.69 m2 to 330.73 m2, respectively.
Location Advantages Of Luxurious Flats At Marbella Grand Mohali
As earlier mentioned, the project is close to Chandigarh in aerocity Mohali. Therefore, the luxurious villas in Mohali shares a great relation with the major location of the city. The 3+1BHK and 4+1BHK apartments for sale in Mohali has a close proximity with International Airport, Indian School of Business, IISER, 17 Acres IT city Mohali and World Trade Chandigarh. Thus, you can have an easy access to these major locations from the luxury flats in Mohali at Marbella Grand.
· Chandigarh- 5 min Drive
· Elante Mall- 20 min Drive
· Learning Paths School- 4.4 Km Away
· Ryan International School- 3.9 Km Away
· Shemrock School- 6.3 Km Away
· Ranbaj Hospital- 1.6 Km Away
· GIOSTAR CHANDIGARH- 1.7 Km Away
· Grecian Super Specialty Hospital- 5.9 Km Away
· Amity University- 2.1 Km Away
Floor Plans Of Apartments At Marbella Grand Mohali
Now a luxurious life is no more a dream. Make your dream come true with the residential projects in Mohali. The super luxurious 3+1BHK and 4+1BHK apartments at Marbella Grand are the benchmark of luxury at your adobe. These dream lodges have been carefully crafted with world-class amenities, with contemporary detail from the exterior to the heart of the interior. It's truly a haven full of beautiful views which at first sight connect you to nature. Situated in Mohali, these 3+1/4+1 BHK luxury apartments are conveniently located near the railway station and the international airport. Let's take a look at Mohali’s luxurious houses' floor plan detail.
Floor Planof Luxurious3+1BHK Apartments
· Super Area- 2601 Sq. ft.
· Covered Area- 2116 Sq. ft.
· Carpet Area- 1522 Sq. ft.
· Bedroom- 3
· Bathroom- 4
Floor Plan of Luxurious 4+1BHK Apartments
· Super Area- 3672 Sq. ft.
· Covered Area- 3096 Sq. ft.
· Carpet Area- 2256 Sq. ft.
· Bedroom- 4
· Bathroom- 5
Floor Plan of Luxurious 4+1BHK Penthouse
· Super Area- 7057.89 Sq. ft.
· Covered Area- 4844.51 Sq. ft.
· Carpet Area- 3864 Sq. ft.
· Bedroom- 5
· Bathroom- 8
Floor Plan of Luxurious 3+1BHK Penthouse
· Super Area- 9423.41 Sq. ft.
· Covered Area- 6515.39 Sq. ft.
· Carpet Area- 4910 Sq. ft.
· Bedroom- 5
· Bathroom- 8
Gratify all your desires with living in a heavenly adobe at Marbella Grand with all the scenic views. Our luxurious apartments for sale in Mohali are truly made by genius and The high-quality fittings, fixtures and glass walls, the floors and private accessories are well planned for each luxurious area. Our luxurious Penthouse in Mohali is a truly world-class masterpiece with easy access to the city's welfare infrastructure.
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5 Reasons Why Real Estate is The Best Long Term Investment Option
Do you know why real estate has been the top and most preferred investment option? The advantages of investing in real estate vary from diversifying your investment tax savings to a great rate of return. It is one of the best and more secure long-term investments as compared to mutual funds, bonds, and stocks. Real estate is the preferred option, especially in a country like India where investment in property gives you the emotional security of having a place of your own.
Let’s take a look at the reasons why the Real estate is the best long term investment option for you:
Better Returns
Real estate yields great returns from a long-term investment standpoint. With the growing population and urbanization, the demand for land and property is increasing whereas supply is limited. Hence, you could reap great returns with long-term benefits by investing in property. Property is a tangible asset and could be easily leveraged and you could capitalize on your investment and earn along with capital appreciation over a period of time.
Better Earnings
One of the major benefits that make real estate investment the most preferred choice of investors is generating revenue through rental income. Owning a home assures you of stable and regular monthly rental income as compared to another type of investment. The earnings could be easily managed and earnings can be controlled as per your requirement. You can sublet the entire property or parts of it as per your choice and needs.
Less Riskier
As compared to other investment options like stocks and mutual funds, real estate offers secured, stable and low-risk investments. Trading in stocks is full of uncertainty and requires a lot of o expertise to get the appropriate returns. However, in real estate, you don’t need any special skill set to identify the right property and invest. It is not only safe but also a stable source of fetching long-term returns. Risk is directly proportional to the length and the duration of time you hold on to a particular property. The longer the duration more is the chance of improvement of the market and the value of the property.
Tax Savings
Another advantage of real estate investment is the long-term and short-term tax deductions if you have purchased a property with the help of a home loan. Besides tax savings, there are various government reforms and initiatives that offer subsidies to the first time home buyers
Investment Diversification for a balanced portfolio
It is always advisable to diversify your portfolio and avoid investing in similar assets and securities. To balance out the high-risk assets, invest in real estate for better returns and spread the risk. The variation in the portfolio will secure you from any economic unrest and ensure at least one of your assets is always performing and increasing the overall value of your investments.
Investment in real estate is considered to be a safe and stable choice due to the above-stated benefits. Real estate has the potential to give great returns and hence, the key to earning profits from real estate lies in your hand.
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Rentalk is the right choice for you If you Interested in property investment?
PROJECT LAUNCHING SOON Luxurious Apartment for sale at a prime location, green spaces, stunning spectacular views, independent towers, corner apartments, double podium parking, and much more details:- -------------------------- 3 BHK Mini Super Area 1550 Sq.ft Covered Area 1285 Sq.ft
3 BHk + Store Super Area 1995 Sq.ft Covered Area 1728 Sq.ft
4 BHK Super Area 2695 Sq.ft Covered Area 2116 Sq.ft -------------------------- A Perfect BLEND and CHOICE for Luxury Lifestyle
LOCATION- IT City, Sector 82 Alpha, Airport Road, SAS Nagar, MOHALI -------------------------- Starting price:- 81Lacs. onwards -------------------------- Call for Booking: +91-9780170193 +91-9888370193 [email protected] -------------------------- We Happy to Serve You Team _Rentalk
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Plots in Aerocity Mohali At srisaiestate
Perfect time to invest in the Plots in Aerocity Mohali and IT City Mohali as it is profitable. Sri Sai Estate brings you supreme options for property investment in Mohali. The newly developed commercial, residential and industrial project near Chandigarh International Airport is gaining popularity and is in high demand these days. Along with this, IT City Mohali offers equal opportunities of growth. Agents at Sri Sai Estate will assist you in finding the perfect property and take care of documentation as well. We hold years of experience in real estate and established long-term relationships by suggesting profitable property investments to our clients. http://www.srisaiestate.com/
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Aero vista Mohali – Buy new residential Aero vista villas and Aero vista plots for sale in Aero vista airport road Mohali. Buy best multistorey residential apartments and flats in Aero vista.
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Why & Where to Invest On Dwarka Expressway?
https://www.youtube.com/watch?v=GDQ2GUNK7dQ
Introduction
“Growth of any country depends on its infrastructure size and quality”
Realty developments along Dwarka Expressway have emerged as one of the most sought-after asset classes in the NCR. Commissioned in the year 2007, the Dwarka Expressway (Northern Peripheral Road) is an 18-km stretch of road that will connect Dwarka Phase II and Palam Vihar to National Highway 8 near Kherki Dhaula and pass Pataudi Road. The expressway is an eight-lane 150-metre wide motorway that will considerably decongest the current traffic flow along the Delhi-Gurgaon Expressway. Touted as one of the most highly lucrative projects taken up by the Haryana Urban Development Authority (HUDA), it is scheduled to be complete by 2017-18.
Factors that catalyzes the realty growth along the expressway is:
• Reduced distance and travel time between Gurgaon and the Indira Gandhi International Airport in Delhi.
• The expressway will ease traffic congestion along with opening up new residential space for both end-users and investors.
• Withdrawal of the toll on travel between Gurgaon and Delhi will be a big positive for daily commuters from Delhi who are stuck at NH-8 toll plaza.
• Increased land values due to proximity to Delhi Aerocity and the upcoming Diplomatic Enclave hosting residences of Diplomats in line with Chanakyapuri.
• The expressway will have a good mix of residential, commercial and industrial sectors ensuring robust social and physical infrastructure.
The Expressway passes through sectors 109, 113, 37D, 88B, 105, 99 and many other sectors, which saw an upsurge in residential real estate activity since its announcement.
PropTOQ Realty Index - Dwarka Expressway
In the last five years, Dwarka Expressway has seen a fresh supply of over 29,100 units. More than 80 per cent of the supply was added during the period 2013-15.
Various litigation issues created a slump in this region and new supply saw a major decline. In 2016, Dwarka Expressway saw the highest decline in new launches of more than 50 per cent, from 2015.
Supply Along Dwarka Expressway
A total of about 40,000 units were launched between 2008 and 2015.
Maximum supply was skewed towards Gurgaon side (55 per cent), followed by central stretch (32 per cent) and Delhi side (13 per cent) of the expressway. This can be attributed to the fact that the first stretch is already constructed.
In Stretch 1 (Gurgaon side), maximum supply was skewed towards Sector 103 (32 per cent), closely followed by Sector 104 (27 per cent) and 102 (22 per cent). All the three sectors are primarily residential and has projects by realty majors such as Emaar MGF Land Limited, BPTP Limited, Indiabulls Real Estate Ltd, to name a few.
It is interesting to note that these three sectors (102, 103 and 104) along the Gurgaon side of the expressway still tops the ladder in terms of supply. (As per 2013-2014 data)
In Central stretch of the expressway, Sector 107 is the showstopper with 29 per cent, followed by Sector 108 and 109 with 25 and 23 per cent respectively.
Analysing the supply data of last two years, Sector 107 and 109 have still clocked first two slots; however, Sector 105 secured the third slot
The new supply in 2017 was also restricted to a mere 2,500 units, a decline of more than 30 per cent since 2016. The decline in new launches from 2016, was the cumulative effect of delays in land acquisition along the Expressway, demonetisation, RERA and GST, coupled with weak consumer sentiments in the NCR.
Current Trends
Currently there are 40 Developers in this locality offering 53 marketable residential projects till date. Where as talking about quarterly supply and sales unit, in quarter 3’ 18-19 new residential supply- 1747 out of which 998 units are sold. Today there are about 6943 homes option are available for the homebuyers and investors.
In Quarter 3’ 18-19, only 3 new residential projects are launched:
Hero Homes by Hero Group.
Joy Ville by Shapoorji Pallonji
Kavyam Homes by Agrante Realty
In last 1 year about 27% of 2 BHKs and 41% of 3 BHKs are sold. Maximum number of properties sold here ranges between Rs.1- 1.25 Cr.
Price Trends
Due to several roadblocks, supply along the expressway has decreased. However, the prices are appreciating at consistent pace. As per CommonFloor data, in June 2014, the average price for apartments stood at Rs.5915 per sq. ft., which have risen to Rs.6200 in June 2015, clearly indicating an appreciation of 5 per cent.
Current Price Trends
The price ranges between Rs.3500 – Rs.15000 per square feet, however the average price in market is Rs.6243 per square feet.
Conclusion
CommonFloor research indicates that nearly 96 per cent of the total supply in the market along Dwarka Expressway comprises of multi-storey apartments.
A total of about 40,000 units were launched between 2008 and 2015.
Prices of standard 2 and 3BHK units are almost at par in Gurgaon side and central stretch.
However, towards Delhi, prices are little towards higher side. For instance, average price for a standard 2BHK unit in the first stretch is Rs.5545 per sq. ft., while in the last stretch; the average price is Rs.7720 per sq. ft. This is due to the proximity to Delhi.
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TARC Limited Introduces TARC Tripundra Luxury Housing
TARC Ltd. has launched TARC Tripundra, a luxury residential project. Nestled in the scenic and posh surroundings of Pushpanjali Farms on New Delhi's main Bijwasan Road. TARC Tripundra enjoys seamless connectivity to the Indira Gandhi International Airport and Aerocity, and is conveniently located within easy driving distance of commercial and social hubs across Delhi-NCR.
The premium project offers 3 and 4-BHK homes starting at INR 45 million. Among other things, the gated township is notable for its expansive Delhi green view, 7D security, indoor heated pool, terrace area with an open air theatre, star-view facility, and meditation deck.
Among the amenities are green view, 7D security, an indoor heated pool, a terrace area with an open air theatre, a star-view facility, and a meditation deck.
TARC Tripundra will offer an electric vehicle charging station, water conservation and rainwater harvesting systems, solar panels, air filtration, and waste management systems.
This project is expected to generate sales of around Rs 1,000 crore for the company. In this project, the company is selling apartments for Rs 17,500 per square foot. Apartments start at Rs 4 crore and go up from there. TARC Ltd raised Rs 1,330 crore in secured long-term non-convertible debentures from private equity firm Bain Capital in May.
The company used some of the funding to pay down debt, and some of the funding will be used for construction and the creation of a land bank.
TARC Ltd sold a warehousing asset in North Delhi to global investment firm Blackstone in September last year for Rs 295 crore. Over the next year, the company plans to launch 4-5 housing projects. The company also has a land bank for commercial projects. TARC Ltd was formed in 2020 as a result of a demerger with the publicly traded Anant Raj Ltd.Visit: https://www.orionrealtors.com/tarc-tripundra-in-new-delhi.html
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Tarc Tripundra Delhi| New Launch Residential Project in Delhi
Tarc Tripundra is a new launch Project in Delhi. It offers 2, 3, 4 BHK Residential apartments for sale designed with classy facilities. These spacious apartments are close to the Aerocity and Delhi Airport. The tripundra location offers convenient accessibility to all of Delhi's major attractions. It also offers close proximity to Dwarka and Pushpanjali Greens.
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