Category
Real Estate Gurgaon
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09.18.08New Residential Projects in Sector of Guraon covered in Master Plan 2021Vikas Rikhye, Real Estate Promoter and Blogger In the recent past the Fast Growing Township of New Gurgaon has witnessed a Massive growth in housing sector. The well established real estate companies like DLF & Unitech have launched and delivered prestigious residential project. Comparatively new entrants like Bestech,Omaxe, Parsavnath Raheja & others got an opportunity to prove their competence. All this as stated above "Township of New Gurgaon" came in to a light as a very strong investment destination. As it would have resulted, the investment wave in Gurgaon ,became stronger and stronger and the Secondary market shot up sky high. With all this , the ...
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08.10.08Sky is the limit for GurgaonVikas Rikhye,Real Estate Blogger This time we are not taking about Sky high real estate prices or inflation in Gurgaon ,but sky high forthcoming buildings in Gurgaon.It is understood from authentic sources that Haryana Urban Development Authority (HUDA) has removed height restriction for all future group housing & Commercial projects in the new sectors that are a part of Gurgaon Master Plan 2021. According to the sources, the height limit till now was 90 meters. However, the Builders/ Developer aspiring for skyscrapers will have to take permission from other competent authorities like Airport Authority of India, Fire Authorities and other government bodies, ...
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05.10.08Gurgaon Infrastructure Part-1:Transport SystemVikas Rikhye,India Real Estate Blogger Gurgaon is a city that is rapidly moving towards Globalized economy, but it the city requires, an effective planning for improvement in basic infrastructure to truly transform into be "world-class city" in coming years.An effective Transport system is the base for any infrastructure development. Although eight lane toll expressway between Gurgaon and New Delhi, that provides non-stop connectivity to the I.G.I and the Domestic Airport and to Dhaulakuan in Delhi over a distance of 28 kilometers (18 miles), and includes 7 flyovers and 5 underpasses along the stretch, has made a remarkable comfort level to the commuters, ...
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05.09.08Gurgaon power situation worsensVikas Rikhye,India Real Estate Blogger Gurgaon ! privileged status of "Cyber City" battling a power crisis that has seen power cuts over 12 hours , there is no immediate relief in sight. Most of the people who moved to Gurgaon for a better quality of life, they , now feel cheated & cursing the day they moved to Gurgaon. The life becomes miserable, when the whole town plunges into darkness in peak of summer, as one has to surrender to the invertors and then to generators, an expensive proposition besides being unfriendly to the environment. Students in the city are invariably the biggest sufferers. ...
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04.07.08Good money chasing Bad moneyVikas Rikhye,India Real Estate Blogger In one of my articles I had mentioned that we never seem to hear about real estate investors who go bankrupt.I had also cautioned that it does not happen very often unless the decision is rash or it is due to lack of basic relevant information and facts. But I am sorry to state that in the recent past many innocent investors have been trapped by the" Rosy pictures painted" by some of the masterminded Broker Turned Builders (BTBs) who wanted to enter the real estate market as New Players for New Real Estate Projects.Neighbor's prosperity, News paper &,T.V. ...
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04.01.08I.T. industry may relocate from GurgaonVikas Rikhye,Realtor and Real Estate Blogger Gurgaon might lose its grip over the booming I.T. Industry As it is understood from sources that many of the major BPOs are very seriously thinking of an alternative of relocating from Gurgaon to smaller cities mainly due to following reasons: Soaring rate of office space rentals Traffic jams resulting delay in the working of call centre staff. Heavy Transportation cost of staff Expensive living cost for the staff Higher operating cost Moreover the cost and talent pressures will drive vendors to smaller cities at a faster rate. Especially so or new centers of large companies already present in India. With ...
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03.31.08DLF on a path of multi dimensional Growth-Part-2Vikas Rikhye,Real Estate Blogger and Consultant In my earlier article: DLF on a path of multi dimensional Growth,Part-1 , I had mentioned that DLF Group started its primary business with developing Residential & Commercial properties. Today it has a proven track record of sustained growth for over 60 years, with over 1 million satisfied clients & with estimated 738 million sq ft of land across the country, makes DLF 5th largest Real estate company of the World. Now, from sources I learn, that -DLF Ltd India's biggest developer, will spend $5 billion in the next seven years to build about 125 hotels ...
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03.31.08FDI in Real Estate - Liberal Norms ProposedVikas Rikhye,Realtor and Real Estate Blogger To give a boost to Foreign Direct Investment (FDI) in real estate, the government may consider the proposal of the department of industrial policy and promotion (DIPP) which has circulated a cabinet note proposing to liberalize the existing norms. The proposal framed by the department of industrial policy and promotion (DIPP) has mainly the following features: Proposing waiver of the three-year lock-in period on foreign investment. Waiver of minimum investment criteria of $5 million for joint ventures or $10 million for wholly-owned ventures. According to sources, at present, 100% FDI is permitted in hotels and tourism as well as real ...
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03.31.08‘Yoo by Starck’ VS *Architect Hafeez ContractorVikas Rikhye,Real Estate Blogger and Realtor *Architect Hafeez Contractor A.I.I.A. G.D.Arch, M.S.Arch & U.D.(U.S.A.) Started his academic career in1969 and completed the 1st phase of his academic studies in 1975 with Outstanding Distinctions and during this period he won several Design Awards. For almost 9 years he worked as Architect/Urban Designer in private Architectural firms in Bombay & from June 1977 to February 1982 he had been associated with M/s. Khareghat and Associates as Associate Partner. He had been a visiting Lecturer in Academy of Architecture Bombay from June 1977 to June 1980.He adopted a path of success in the year 1982 by starting ...
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02.19.08India among top three – Global realty marketsMr. Vikas Rikhye,Realtor,Real Estate Blogger and Real Estate Promoter Despite the fact that countries like U.A.E (Dubai) Australia, New Zealand & others are making best of their efforts to attract foreign investors to invest in real estate sector but the fact remains that US. China & India are the preferred ones' According to a survey conducted by Association of Foreign Investors in Real Estate (AFIRE), amongst the global investors, US has retained its top position, while China ranked 2nd followed by India ranking 3rd. It is understood that in the current survey China moved to second place with 21.4%votes & India was preferred ...
recent posts
- New Residential Projects in Sector of Guraon covered in Master Plan 2021
- Sky is the limit for Gurgaon
- 1st Step towards Commuting Comfort in Gurgaon
- Disaster Management Part-1:Earthquake Do’s & Don’ts*
- Shining star & pride of India Lakshmi Mittal
- Gurgaon Infrastructure Part-1:Transport System
- Rain Water Harvesting
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