Property & Investment News

Wednesday 5 November 2014

Supertech 2 BHK / 3 BHK new launch in Sohna - Gurgaon

Supertech new launch in sector 2 Sohna, Invest Only 5 lacs now and No EMI till Possession

Invest Only 5 Lacs Now and NO EMI / NO INTEREST Till Possession

Size & Price List:-

Unit Sizes BSP

2BHK + 2T 1200sqft 51 Lacs - (4250/ sqft)
2BHK + 2T + Study 1400sqft 59.5 Lacs - (4250/ sqft)
3BHK + 3T 1600sqft 68 Lacs - (4250/ sqft)

launching of best deal Housing

About Project: -

Supertech Group has come up with its new township is located in sector 2 in Sohna Gurgaon and it is a premium residential complex of 140 acres that has all features that can transform your life in a never ending celebration. The strategic location of the Supertech New Township is its USP. It is just a 15 minutes drive away from Rajeev Chowk and is adjacent to SPR & Golf Course Ext. Road . The upcoming metro station on Golf Course Road close to the township (10 Km) increases its connectivity with the rest of NCR. This type of home was always on your mind and this dream of yours has been crafted to realty by Supertech Group. Gives modern facilities like, Furnished Apartment with 100% power backup & latest security features.

Gurgaon Extension (Sohna) is already well known for its natural sulphur springs and Damdama Lake. Some of the leading institution and industries in the area are GD Goenka Education city , K R Mangalam University , Apeejay University , Westin Resort , and MMTC Pamp Gold Refinery ( Listed among top 5 Largest Refineries in the world).

The sectors along the new 150 Metre-wide link road from Golf Course Extension Road will not only enjoy a premium positioning but will also have an advantage in terms of visibility and location among all the other sectors within the Gurgaon Extension (Sohna) Master plan.

Payment Plans:-

1- POSSESSION LINKED PAYMENT PLAN

Basic Sale Price 4,500

Inaugural Discount 250 ( negotiable)

Effective Price 4,250

PAYMENT PLAN

On Booking 5,00,000

Within 60 Days of Booking 35% of BSP less Booking Amount

On Completion of Superstructure 30% of BSP + 50% (Additional Charges)

On Offer of Possession 35% of BSP + 50% (Additional Charges)

2 - SUBVENTION PLAN

Basic Sale Price 4,650

Inaugural Discount 250

Effective Price 4,400

PAYMENT PLAN

On Booking 10% of Total Cost

Bank Disbursement 80% of Total Cost

On Offer of Possession 10% of Total Cost

Call For Best Deal and Confirm Booking - 9881663388

Thanks & Regards,

www.domydeal.net

Saturday 1 November 2014

Dangerous Home Investments in New Constructions

Cheaper Construction & hidden risks

@ lower price offer

Violation Of Norms In Areas Proposed To Be Merged With PMC As Gram Panchayats Grant Easy Nod

The district administration will survey constructions in the city's fringe areas to check of there have been any violations of sanctioned plans and town planning guidelines. Following the collapse of a six-storey building in Narhe, officials said they would identify such constructions and take action against their owners.Additional district collector Pradip Patil said, “We will take all necessary steps to identify buildings that have violated norms, such as construction of additional floors. We will verify if the plinth has been checked, the completion certificate has been obtained and structural audit conducted. We will initiate stern action against those found breaching the norms.“ Sources said that preliminary observations indicate that the plan of building which collapsed was sanctioned, but an additional floor was constructed without permission. Also, the quality of construction was very poor and the completion certificate was not obtained. The authorities are also verifying whether the plinth checking and structural audit of the building was conducted.

Officials said that further action would be initiated once exact details on the building's construction are verified.
In a survey last year, the district administration had identified over 8,000 illegal constructions and encroachments in villages around Pune. Apart from Ambegaon and Narhe, there has been a surge in illegal construction activity in several fringe villages, including Wadki, Shivne, Manjari, Mangdewadi, Wagholi, Yeolewadi, Undri and Bhilarewadi. The administration had served notices to owners of many such illegal structures and action too was initiated against some, but that has not acted as a strong deterrent.

Narhe, where the building collapsed, is among the 34 villages proposed to be merged with the civic limits. The final process for the inclusion of these fringe villages had started in May with the state government issuing an official merger notification, following which there was a rash of construction activity in these areas, with many illegal constructions or poor quality constructions coming up. Local gram panchayats issuing building permissions easily fuelled the construction boom.
Officials said the district administration has limited manpower to monitor illegal constructions and initiate action against them. It also lacks technical know-how and expertise, nor does it have civil engineers and architects to keep a tab on the quality of buildings coming up in these parts.
The officials had issued notices to illegal buildings but could not initiate action against them. District authorities had asked the state government to create a separate cell with experts, adequate manpower and machinery , but the proposal is still pending. Officials said they would now follow up the proposal with the government.
Officials said in 2011, an extensive drive in Ambegaon and Narhe areas was undertaken when portions of about 35 illegal buildings were demolished. The administration had borrowed machinery from the PMC and private players.Sources said bills for the machinery used then have still not been settled.
In 2013, a similar drive was taken up along the Pune-Satara highway in Khed-Shivapur area when authorities removed illegal buildings that were blocking the road widening work.
Audit of buildings in 34 villages likely
Pune: Buildings in fringe villages proposed to be merged with the civic limits may now undergo structural audits after a building collapsed in Narhe on Friday morning. Civic officials said they will press for audits across villages once they are merged with the PMC limits. Narhe is among the 34 villages proposed to be merged with the civic limits.
PMC's standing committee of PMC may approve a proposal to streamline constructions in these villages, by setting up rules for constructions. According to the proposal, all the building permissions given to construction companies in these villages should be cancelled and constructions on amenity spaces should be stopped.
Meanwhile, buildings in Pune city are largely safe, officials said.Prashant Waghmare, city engineer, said a number of demolition drives had been carried out in the city and now there were no “extremely risky buildings.“ Over 180 such buildings were demolished during the drives and PMC is taking action against the few “dangerous structures“ left.

Friday 31 October 2014

VIRGIN ISLAND - South Bangalore Promising Housing Investment

Residential Project- Virgin Island

Nitesh Estates, which is a leading property developer in Bangalore, has pre-launched another iconic residential project- ‘Virgin Island’. Sprawling across 8.15 acres of land, it will offer 723 housing units in total, out of which 452 units are of 2BHK and 271 units are of 3BHK. These residential units will be set-up over a carpet area ranging between 460 sq.ft. – 3,453 sq.ft. There will be 11 blocks in total which shall consist of 16 residential floors and 3 multi-level parking floors.

Project has opened booking at a Pre-Launch price of Rs. 4,200 per sq.ft. Is this price reasonable? Let us analyze this further:

REAL WATER FRONT APARTMENTS

Directions to Reach

As per the location plan, Nitesh Virgin Island is located at the junction of Whitefield road and Old Madras Road in Konadaspura village near Budigere Cross. It is diagonally opposite to Brigade Exotica and easily accessible via Old Madras Road.

Location Advantages:

Old Madras Road connects the project to central business district of MG Road, Kasturba Road, and Lavelle Road
Project is close to IT hub of Whitefield as well as ORR through which it connects to Hebbal, Marathahalli, Bellandur etc.
The Baiyappanahalli Metro station is only 13 kilometers away from project site.

Infrastructure

With several reputed schools, hospitals and shopping malls, Old Madras Road has developed into a much sought-after destination for home buyers.

The Gopalan Signature Mall and Hebron Mall are some of the exclusive malls that have made OMR a shoppers’ delight. This area also houses several renowned educational institutions. Vibgyor High International School, Oasis International School and Shemrock Young World School are some of the prominent names. In addition, the proposed civic projects such as Metro rail and Peripheral Ring Road (PRR) will further boost connectivity of this region.

Check Best Price Offer of this Amazing Project

Compare Price

While the ongoing property rates on Old Madras Road ranges between Rs. 4,393 – 4,627 per sq.ft., Nitesh Virgin Island has pre-launched its unit at Rs. 4,200 per sq.ft. The base price of the project is considerably decent but other charges are 70-85% more than other projects and this puts the overall price on the higher side.

If we compare the cost sheet of Nitesh Virgin Island with Assets Marq – the two being situated very close to one another – both of them marketed their project at Rs. 4,200 per sq.ft., as a pre-launch offer. However, for unit size of 1,245 sq.ft, Assets Marq’s total cost excluding registration comes out to Rs. 67, 27,166 whereas for almost the same size (1,249 sq.ft) Nitesh is quoting Rs. 7,120,098 excluding registration. There is a difference of almost Rs. 4, 00,000 which comes to around Rs. 320/sq.ft. Thus, apart from the basic cost all the other charges of Nitesh Virgin Island are too high. Buyers should decide if they are willing to pay premium for slightly better location of Nitesh Virgin Island which is located on Old Madras Road itself.

Old Madras Road has huge potential for price growth; hence it deserves an investment from seasoned real estate buyer. So calculate your trade-offs, be mindful of the pros and cons and if this looks like an investment opportunity to you, then hurry up and invest in Nitesh’s new launch ‘Virgin Island’.

If you have any reviews about this project, share it with us in the comment box below. For more information or queries, visit our site www.domydeal.com

Monday 27 October 2014

1BHK & 2BHK AFFORDABLE HOUSING IN GURGAON

MVN ATHENS Sector – 5 -Sohna (Gurgaon) – Affordable Housing

MVN ATHENS SOHNA

A Residential Project of MVN INFRASTRUCTURES in prime Sector-05, of Sohna, under the “AFFORDABLE HOUSING POLICY” 2013.

Govt. of Haryana has rolled-out a Policy to cater the needs of Home for Middle Class and Lower Middle Class at Affordable Cost in the Urban Areas.

MVN INFRASTRUCTURE PVT. LTD. has been Awarded a License by Govt. of Haryana to develop an Affordable Group Housing Colony in the Prime Sector -05 of Sohna. Sector-05 Sohna is very close to Industrial Area of Sohna, and Sohna Town.

It is surrounded by the beauty of nature along with renowned Institutes like G D GOENKA University, K R Mangalam International University and many more …

- AFFORDABLE HOUSING STARTS HERE -

6.5 acre’s project with approx. 1078 flats
Booking Amt. is less than 1 lakh
Rates all inclusive
No PLC, EDC/IDC, Parking charges
Allotment by Lucky Draw (In Presence of Govt. Committee consisting STP, DC & representative of Director General Town & Country Planning)
Hand Over within 4 years
Only Carpet area for Sale
Free maintenance for 5 years
Limited time scheme
20 minutes drive from Rajiv Chowk
Major education institutes like G. D Goenka, K R Manglam University etc. in close proximity
Pollution Free Environment , clear/close view of Aravali hills.
Close to Industrial Area Sohna
42 KM from IGI Airport
Please understand there are 2 ways to book these properties.

1. Confirmed Allotments through developer’s own quota

2. 100% Draw System by HUDA. Application form can be collected from our office
@ Rs. 1000 Only.

LOCATION - Sector-05 Sohna Town

About Project :

Affordable Housing is in 6.5 acres with mix of 1BHK (378 Sqft approx.) & 2BHK (563 sqft approx.) Carpet Area Apartments.
Confirm Allotment in Rs. 15 lac for (1 BHK) and Rs. 20 Lac for (2 BHK).

Apartment Type	Carpet Area (sqft)	Balcony Area(sqft)	Total Price (Rs.) Including premium part
1BHK Unit	348	32	15,50,000
2 BHK Unit	483	80	20,50,000

ELIGIBILITY CRITERIA

All Income Groups
First Preference to one who has not been allotted any flat/plot in any HUDA developed colony/ sector or any licensed colony in any of the Urban Areas in Haryana, UT of Chandigarh and NCT Delhi.
An applicant can make only one application