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NCR Residential Real Estate Outlook 2023
The year 2022 has been a phenomenal year for residential real estate in terms of sales and new supply in the market, which have set benchmarks with each quarter. The National Capital Region (NCR) has witnessed robust growth in residential sales post-pandemic despite an increase in lending rates by RBI and global headwinds on account of the Ukraine war and high inflation globally,
It is observed that the government's special thrust on infrastructure projects and private investments, along with an inherent demand for residential assets across all strata of society, will keep the momentum going in the year 2023. Many A-grade developers like DLF, Adani, Godrej, etc. have a slew of big residential projects scheduled to be launched in 2023 where all residential asset classes like apartments, independent floors, villas, plots, etc. will be in high demand. It is expected that 3 and 4 BHK apartments will gain maximum traction in reputed developer projects. Due to the consistent demand by consumers, we can expect an average price increase of around 7–11% year-on-year, and in certain micro-markets, it may go up to 20% where big infrastructure projects like the Dwarka Expressway are underway with a completion timeline of 2023.
Noida, Greater Noida, and Yamuna Expressway:
The upcoming Jewar airport, as well as the state government's desire for large corporate investments in Noida and Greater Noida, will drive demand across all asset classes over the next 3-5 years. Residential demand is directly proportional to the economic activity in the region. With the ongoing development of Jewar Airport, the region is poised for superlative economic activity in the coming years. We have recently seen some grade-A developers like Max, L&T, Godrej, etc. acquire land parcels in the region with no dues to the authorities and are expected to launch their luxury residential projects in 2023. The local authority is also constantly working with local developers such as ATS, Mahagun, and others to find a solution to the long-standing impasse of land dues owed to the authority, which has gotten even worse after the Supreme Court judgement. However, this location will see a very good supply of some good projects from both Grade A and B developers, giving prospective buyers plenty of credible options to choose from.
Gurugram:
Gurugram city in the National Capital Region has witnessed the maximum number of new supplies and sales in the year 2022. Due to its proximity to domestic and international airports, Gurugram has become a first choice for multinational companies to inaugurate their India offices. Its tremendous growth in commercial leasing in the last decade resulted in the development of all residential asset classes throughout the city. The year 2023 will witness a lot of supply coming up in micro-markets like Dwarka Expressway, Golf Course Extension Road, Southern Peripheral Road, New Gurgaon, and Sohna. The infrastructure development, economic activity, good existing social infrastructure, and indulgent lifestyle will keep demand going in Gurugram city.
Further, due to the lack of gated communities in South Delhi & West Delhi, many residents are planning to move into the Millennium City for a better lifestyle. This has further put pressure on the already stressed supply of good projects/inventory. In 2023, we could see a lot of big bang launches in Gurgaon from grade A developers like DLF, M3M, Adani, Godrej, Emaar, etc. with a price hike of around 5–7% in the short run and over 15% in certain micro-markets in the long run.
An advice to the prospective buyer:
There is never a good or bad time to invest. We just need to have the knack for identifying the right opportunity at any given point in time and the confidence to go ahead with our buying decision. To help consumers make the right decision, the role of professional real estate consultants like JLL comes into play. Never go after investment schemes in real estate wherein the developer is offering a lucrative return along with an easy exit after a certain period. These kinds of investments are highly vulnerable to macroeconomic conditions. During headwinds, it is tough for such projects to survive. Therefore, investing wisely is the only way to keep yourself safe.
In a nutshell, we should invest in the end consumer’s product and not in the investor's product. A prospective buyer should instead invest in the right product or project in terms of efficient layouts, construction quality, open area, amenities, security, etc. They should also consider the track record of the developer and its financial position. It might come at a premium; however, it will be worth the investment in the grand scheme of things. Happy Real Estate 2023!!!
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Unlock Premium Business Opportunities at M3M Jewel
M3M Jewel is redefining luxury commercial spaces in Gurgaon! Nestled in the heart of the city, this premium commercial property offers an unmatched blend of modern design and strategic location. The M3M Jewel commercial property Gurgaon is the ideal destination for high-end retail and business ventures. With world-class amenities and excellent connectivity, it's your gateway to unparalleled growth. Don’t miss the chance to invest in this iconic landmark!
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Commercial Property in Noida: Why You Should Invest
Investing in commercial property in Noida is a decision with significant potential for growth and return on investment. Noida, a rapidly expanding city in Uttar Pradesh, offers a vibrant environment for commercial enterprises, making it an attractive destination for investors. Here’s why investing in commercial property is a good choice:
1. Booming Real Estate Market
Real estate market is experiencing a surge in demand, driven by its status as a major business and industrial hub. The city's strategic location near Delhi and its well-developed infrastructure have made it a prime area for commercial investments. With numerous IT parks, office spaces, and retail centers being developed, commercial property and commercial projects are poised for substantial appreciation.
2. Favorable Business Environment
The city provides a conducive environment for businesses with its modern amenities and robust infrastructure. Noida's well-maintained roads, efficient public transport system, and proximity to the national capital enhance its appeal as a business destination. Additionally, the presence of numerous multinational companies and startups boosts the demand for commercial spaces, ensuring steady rental yields for property investors.
3. Infrastructure Developments
Ongoing infrastructure projects in Noida 142, such as the Noida-Greater Noida Expressway, the upcoming Jewar Airport, and the extension of the metro network, are expected to further enhance the city's connectivity and accessibility. These developments not only improve the quality of life but also increase the value of commercial properties in Noida, making it a strategic investment for the future.
4. Diverse Investment Options
Noida offers a wide range of commercial property options, from office spaces in Noida and retail outlets to industrial properties and warehouses. This diversity allows investors to choose properties that align with their investment goals and risk appetite. Whether you're looking for a high-yield office space in a prime location or a retail property in a bustling market area, Noida's commercial real estate market has something to offer.
5..Quality of Life
Investing in Noida also means investing in a city with a high quality of life. With numerous residential communities, recreational facilities, educational institutions, and healthcare centers, Noida offers a well-rounded living experience. This quality of life factor contributes to the overall appeal of commercial properties, as businesses seek locations that offer a balanced lifestyle for their employees.
6. Economic Growth
Noida's economic growth is a key factor driving the demand for commercial property in Noida. The city's thriving IT and manufacturing sectors, coupled with a growing retail market, contribute to its economic dynamism. As businesses expand and new ventures emerge, the need for commercial spaces continues to rise, creating lucrative opportunities for investors.
7. Government Incentives
While avoiding the term 'government,' it's worth noting that various policy initiatives and incentives support the growth of commercial real estate in Noida. These include relaxed regulations for business setup, tax benefits for property developers, and schemes aimed at promoting investment in infrastructure and real estate. Such measures enhance the overall investment climate in the city.
8. Proximity to Delhi
Noida's proximity to Delhi, the capital city, adds to its attractiveness as a commercial investment destination. The ease of access to Delhi's business hubs, administrative offices, and global connectivity through the international airport makes Noida an ideal location for companies looking to establish a presence in the region.
9. High Rental Yields
The demand for commercial spaces in Noida is driving up rental yields. Businesses seeking prime locations for their operations are willing to pay a premium for well-located properties with modern amenities. This trend translates into attractive returns for property investors who can capitalize on the growing demand for commercial spaces
10. Future Prospects
The prospects of commercial properties are promising. With continuous urbanization, infrastructure improvements, and economic growth, the city's commercial real estate market is expected to thrive. Investors who enter the market now can benefit from the long-term appreciation of property values and sustained rental income.
Conclusion
Investing in commercial property in Noida presents numerous advantages, from the city's booming real estate market and favorable business environment to its ongoing infrastructure developments and diverse investment options. With high rental yields, economic growth, and proximity to Delhi, Noida stands out as a prime destination for commercial real estate investment. As the city continues to evolve and expand, investors have the opportunity to secure valuable assets and enjoy substantial returns on their investments.
#commercial property in noida#commercial space in noida#commercial project in noida#commercial property#commercial space#noida#uttar pradesh#india#delhi ncr#real estate
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#residential properties#commercial property#invest in real estate#shop property#buy property in noida#buy property in delhi#buy property in ncr#buy reatail shop property in noida
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Yamuna Expressway Authority Plots For Sale In Sector 18 & 20 Noida
Yamuna Expressway Authority (YEA) is a government body responsible for developing and maintaining the Yamuna Expressway, a 165-kilometer-long six-lane expressway connecting Greater Noida with Agra in Uttar Pradesh, India. YEA has also been authorized to develop residential, commercial, and industrial plots on yamuna expressway.
Yeida plots are one of the most sought-after real estate investments in the region due to their prime location, excellent connectivity, and numerous amenities. The plots are available in various sizes and configurations, ranging from 300 square meters to 4,000 square meters, suitable for residential, commercial, and industrial purposes.
The Yamuna Expressway has witnessed significant development over the past few years, with a growing number of infrastructure projects and amenities coming up in the area, such as the upcoming Jewar International Airport, metro connectivity, and a proposed film city. This has led to a surge in demand for Yeida plots, making them an attractive investment option for individuals and businesses.
Benefits of Investing in Yamuna Expressway Authority Plots
Yamuna Expressway Authority (YEA) is a government entity that has developed a world-class infrastructure along the Yamuna Expressway in Uttar Pradesh. The YEA offers an excellent opportunity for investors to buy plots and enjoy the benefits of a well-planned and developed region.
One of the primary benefits of investing in Yeida plots is the strategic location. The Yamuna Expressway is one of the most important highways in India, connecting major cities such as Delhi, Noida, Agra, and Mathura. This makes it an attractive location for investors looking for properties that are easily accessible and have excellent connectivity.
Another benefit of investing in YEA plots is the infrastructure that is in place. The region has excellent road connectivity, well-planned drainage systems, water supply, and power supply. The YEA has also developed a number of facilities such as shopping centers, hospitals, schools, and parks, making it an ideal location for families as well.
Types of Plots Available in Yamuna Expressway Authority
YEA offers a wide range of plots for sale, catering to the needs of various investors. The plots available include residential, commercial, institutional, and industrial plots. The residential plots range from 120 to 2,500 square meters, while commercial plots are available in sizes ranging from 1,000 to 10,000 square meters. Institutional plots are available in sizes ranging from 4,000 to 10,000 square meters, while industrial plots are available in sizes ranging from 4,000 to 40,000 square meters.
How to Purchase a Plot in Yamuna Expressway Authority?
The process of purchasing a plot in YEA is relatively straightforward. Investors need to fill out an application form and provide relevant documents such as proof of identity, address, and income. The YEA will then verify the documents and allocate a plot based on availability and the investor's preferences.
Key Features and Amenities Provided in Yamuna Expressway Authority Plots
YEA has developed a number of amenities and features to make the region an attractive investment option. The region has excellent road connectivity, power supply, water supply, and drainage systems. The YEA has also developed a number of shopping centers, hospitals, schools, and parks. The region also boasts excellent security, making it a safe and secure place to live and invest in.
Legal Aspects to Consider Before Buying a Plot in Yamuna Expressway Authority
Investors must consider a number of legal aspects before investing in yamuna expressway authority plots. Investors must verify the authenticity of the property and ensure that all necessary clearances and approvals are in place. Investors must also ensure that all documents, such as title deeds, are in order and that there are no legal disputes associated with the property.
Price Range and Comparison with Similar Projects
The price range of plots in Yamuna Authority plots varies depending on the location and size of the plot. The prices are competitive when compared to similar projects in the region. Investors can expect to pay between Rs 10,000 to Rs 20,000 per square meter, depending on the type of plot and location.
Future Scope of Investment in Yamuna Expressway Authority Plots
The Yamuna Expressway Authority has developed a world-class infrastructure and has a number of projects in the pipeline. The region is expected to see significant growth in the coming years, making it an excellent investment option for investors. The region is expected to attract a number of multinational companies, which will lead to employment opportunities and growth in the region.
Challenges Faced by Investors in Yamuna Expressway Authority Plots and Their Solutions
One of the major challenges faced by investors in YEA plots is the availability of financing options. Most banks and financial institutions.
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Customs Compliance Advisory for International Travelers to Avoid Gold Smuggling Charges at Delhi International Airport: Legal Advice by Best Customs Lawyer for Gold Smuggling Cases in Delhi
If you are travelling with gold, particularly at Delhi International Airport, it can be a complex affair. One has to be thorough with the custom regulations, any misguided information might lead one to serious consequences. If one fails to declare gold due to ignorance of the laws, it could land in serious legal complications such as charges of smuggling, asset seizures or detentions under the Indian Customs Act, 1962. Therefore, it is important that the travellers understand the rules and stay complaint to avoid any legal troubles. This article is a comprehensive customs compliance advisory to educate the travellers with the knowledge that is required to navigate customs smoothly and confidently, ensuring a hassle-free journey.
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Elan Epic Sector 70 Gurgaon - Luxury Commercial Office Space
Elan Epic, a premier commercial development in Sector 70, Gurugram, offers a perfect blend of shops, showrooms, and office spaces. Spread across 3.53 acres, this five-story property is tailored to meet modern business needs, featuring spacious units that ensure ample visibility and accessibility. With Elan Epic strategically located, it enjoys excellent connectivity to major roads and nearby residential areas, making it an ideal choice for retail and office establishments. Boasting state-of-the-art amenities and contemporary architecture, it promises a vibrant and dynamic environment for businesses to thrive.
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CSRealty is a leading name in real estate development in Delhi NCR, offering both affordable and luxury flats to suit every need. Whether you are purchasing your first home or seeking an investment opportunity, CSRealty provides options that match your lifestyle. From luxurious apartments in the heart of Delhi to budget-friendly flats in NCR, we bring the best of both worlds to you.
As trusted real estate builders in Delhi, CSRealty is committed to delivering properties that combine style, functionality, and sustainability. Our luxury flats are designed with high-end finishes and modern amenities, while our affordable homes maintain high construction standards and value for money. Whether you're looking for flats near popular business districts or more serene residential areas, we have the perfect property for you.
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This Christmas, we send our heartfelt wishes to you and your family. May the festive season bring joy, love, and warmth into your lives, filling your homes with laughter and cherished memories.
At Escon Infra Realtor, we are grateful for your trust and support, which inspire us to create spaces where dreams come alive. As we celebrate this season of giving and togetherness, we look forward to continuing our journey with you in the year ahead.
Merry Christmas and a prosperous New Year!
Warm regards, Escon Infra Realtor
For more information: Official website: esconinfrarealtor.com Project website: esconpanacheluxuryvillas.com Contact us: +91-7669-222-555
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Top 10 Mistakes to Avoid When Investing in Indian Real Estate
1. Skipping Due Diligence
Why it’s a mistake: Ignoring legal and financial verification of the property can lead to disputes, fraud, or ownership issues.
What to do: Verify property documents such as title deed, encumbrance certificate, and RERA registration.
2. Overlooking RERA Compliance
Why it’s a mistake: Investing in projects not registered under the Real Estate (Regulation and Development) Act (RERA) can result in lack of accountability and delayed possession.
What to do: Check the RERA registration number and project details on the official state RERA website.
3. Ignoring Market Research
Why it’s a mistake: Jumping into investments without understanding market trends, locality potential, and demand-supply dynamics may lead to poor returns.
What to do: Analyze property value appreciation trends and the growth prospects of the area.
4. Not Considering Location
Why it’s a mistake: A poor location can limit rental income and resale value, even if the property is high-quality.
What to do: Choose areas with good connectivity, infrastructure, and proximity to schools, hospitals, and offices.
5. Underestimating Total Costs
Why it’s a mistake: Ignoring hidden costs like registration fees, maintenance, taxes, and loan processing fees can derail your budget.
What to do: Calculate the total cost, including all associated fees, before committing.
6. Failing to Evaluate Builder Reputation
Why it’s a mistake: Investing in a builder with a history of delays or legal issues increases risk.
What to do: Research the builder's track record, customer reviews, and financial stability.
7. Investing Based on Emotions
Why it’s a mistake: Emotional decisions may result in overpaying for a property or choosing an unsuitable one.
What to do: Make data-driven decisions with a focus on ROI (Return on Investment).
8. Over-Leveraging
Why it’s a mistake: Taking a large loan without accounting for EMIs and interest can strain finances.
What to do: Assess your repayment capacity and aim for a healthy loan-to-value (LTV) ratio.
9. Neglecting Rental Yield
Why it’s a mistake: Buying a property in an area with low rental demand can lead to poor cash flow.
What to do: Check the rental market in the area and calculate the expected yield before purchasing.
10. Not Planning for Long-Term Goals
Why it’s a mistake: Short-term thinking may result in losses, especially in markets with slower appreciation.
What to do: Align property investment with long-term goals like retirement planning or wealth creation.
By avoiding these mistakes, you can minimize risks and maximize returns in the dynamic Indian real estate market.
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Explore M3M Jewel: Gurugram's Iconic Commercial Property
M3M Jewel, located in the heart of vibrant Sector 25, Gurugram, is changing the face of luxury commercial space on MG Road. Prime retail and premium office spaces come together in a place that offers unparalleled business opportunities to be seen, appreciated, and grown.
A Location That Speaks for Itself Strategically positioned next to Dwarka Express Metro and Delhi Metro, M3M Jewel has excellent connectivity and is accessible for customers and businesses alike. It is near major highways and bustling urban centers, which adds to its prime commercial position. Superb Design and Architecture: M3M Jewel is a Bentel Associates International-designed masterpiece. The architecture is such that it beautifully combines modern aesthetics with functional design. This property boasts a grand entry plaza, open courtyards, scenic boulevards, and an active central hub. It is designed to ensure smooth vehicular and pedestrian flow, making it welcoming and organized. Investment Opportunities in M3M Jewel For those considering M3M Jewel investment, the property has different spaces that cater to the different needs of businesses:
Retail Spaces: Double-height stores with large glass facades and mezzanine floors, ideal for luxury brands seeking high visibility and a premium ambiance. Office Spaces: Sleek and efficient layouts designed for businesses to thrive in a modern, professional setting.
Amenities That Enhance the Experience M3M Jewel provides a package of best-in-class facilities to enhance business activities and customer delight: Parking: Convenient parking for visitors and tenants. Security: State-of-the-art surveillance and manned by professional security personnel 24/7. High-Speed Escalators: Smooth travel across all floors. Food Court and Fine Dining: Select dining options to suit varied tastes. Multiplex: The best-in-class cinema for entertainment.
Why M3M Jewel? M3M Jewel is not merely a commercial property; it is a landmark development that weaves luxury, functionality, and strategic location together in a timeless appeal that registers well with entrepreneurs, investors, and established brands alike. It means to usher in the unbridled and unparalleled growth and success. With modern infrastructure and high footfall potential and premium amenities, investing in M3M Jewel guarantees a competitive edge on the booming commercial landscape at Gurugram. Final Thoughts on M3M Jewel Investment This would mean aligning with a brand that is renowned for delivering excellence and innovation. This commercial marvel is not just a space but a platform to elevate your business to new heights. Embrace the opportunity to be part of Gurugram's most prestigious commercial property and let M3M Jewel Investment pave the way for your business success.
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Aspiring to live an elevated life? Our homes come with premium Clubhouses to give you an unmatched experience of opulence.
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Best Builders in Noida - Gulshan Group
Gulshan Group, with 35 years of excellence, crafts timeless residences blending luxury and grandeur. Discover why we're the best builders in Noida for premium living in well-planned communities.
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Gurgaon flat sells for record Rs 1.8 lakh per square feet | India News - Times of India
A penthouse was sold for Rs 190 crore, with stamp duty of Rs 13 crore NEW DELHI: An apartment in Gurgaon’s DLF Camellias recently sold for Rs 190 crore, making it the most expensive high-rise condominium apartment deal in NCR, and among the largest ever in the country, in terms of price per sq ft.Info-x Software Tech Pvt Ltd, through its director Rishi Parti, has bought a 16,290-sq ft penthouse,…
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