Besides having the strength of highly competent professionals in respective fields, it also holds reserves of a large land bank .Presently & in past “Roots Developers” have been associated closely with companies like Unitech, Vipul, Bestech & other reputed builders in Gurgaon.

The Independent Builder floors on Sohna Road Gurgaon have the following features:

• Affordable Homes
• Part of approved project with township license & zoning
• Excellent Space management
• European style Elevation

• Specifications matching modern standards
• Gated complex with 100%Security
• Power Back up
• Ground Floor + 2 only
• Very close proximity to Malls on Sohna Road
• Daily needs at door step
• On existing route of all major school buses
• Close proximity to future proposed Metro Station.
• Bank Loan process initiated
• Plot Sizes -275 & 360 yds
• Floor Area - 1431 sq.ft & 1851 sq.ft.

Proposed layout plans of different plot sizes are as under:

For Original Booking of Independent Builder Floors and to Avail Inaugral discount please contact:

Co-ordinators: 9811081078 , 9811181953 , 9999517569

#1- Shopping Complex, Park View City-1 Sohna Road Gurgaon 122018 email:  rikhyev@hotmail.com, realestategurgaon@hotmail.com

Enquiry Form for Independent Floors in Gurgaon:

Vikas Rikhye, Gurgaon Real Estate Consultant and Blogger

• Affordable Homes: Keeping in mind sky-high prices of land in Gurgaon, the price offered seems to qualify the category of Affordable Homes.
• Better Options : The offers provide of One, Two & Three Bedroom apartments.
• Easy Payment Plan: Projects being “Bank approved” have the option of housing loan with EMI repayment facilities .
• Gurgaon Master Plan 2021: Projects falling in line with “current development plans” of HUDA are right choice.
• Landscaped greenery, Security, Club House, Gymnasium & other essential services remain a common factor.

The following are some of the New Residential Projects in Gurgaon:

Uniworld Resorts by Unitech

Just off the NH-8,located on Sector 33 & 48 by the side of Sohna Road offers the options of 1BR+Study 825sq.ft 2BR 1060-1100 sq.ft,3BD+SQ 1535 &1545 sq.ft. Price Starting from (INR) Rs 36.08 Lacks & above.

Emaar MGF

Emaar MGF a JV between Emaar PJSC of Dubai one of the world’s largest infrastructure & Real estate development company and MGF, a well known name in Real estate sector in India, now presents low rise “Emerald Floors” at Emerald Hills in Sector-65 on extended Golf course road Gurgaon.

Offer: Choice of Independent Floors on Two different plot sizes as follows:
Plot Size- 267. sq.yds 3BHK, 3Toilets + SQ
Plot Size-350.sq.yds 4BHK ,3 Toilets, Family Lounge +SQ
Price :Rs 44.40 onwards

Some other New projects:

• Pioneer Urban - “Pioneer Park” Sector-61
• “Tulip Orange”. Sector-69-70
• “Centrum Park” Sector-103

In the current scenario, when companies are offering lucrative incentives & commissions , it is more important to check all the facts about the property/ promoter, than to be carried away by small temptations.

Vikas Rikhye, Real Estate Gurgaon Blogger

Affordable homes in Gurgaon

In response to my articles ‘Affordable houses in Gurgaon” on March 8th -10th respectively, where on my article dated 8th March I had requested their comments/views/feedback on the subject.

In this Article I am sharing with you some facts about Unitech based on the feedback received from the readers.

As it is understood, 35 years ago, in the year 1974 Unitech entered Civil engineering ,with determination, having a very clear vision set on future. The company kept on moving ahead, with, experience & expertise .

“Each success” of Unitech ,became a pillar for the next. With an aimto improve the quality of life, Unitech laid firm foundation of future.

More than 3 decades of successful activities included the following:

-Power Transmission lines

-Highways

-Residential & commercial complexes.

-Theme Parks

-Indoor stadiums , Hotels & more

The launch of prestigious projects countrywide itself confirms of its integrity & strengths .

Considering the recent meltdown, it is understood that Unitechhas recently launched a “budget friendly” project in Gurgaon by the name of Uniworld Garden-II.

It confirms their slogan “Our customers inspire us, together we are building the future on solid foundations”

Vikas Rikhye, Real Estate Blogger and Promoter

In absence of regulatory authority or a governing body, the real estate activities in India had been in highly un-organized manner but with socioecnomic awareness the real estate sector is also moving toward a positive direction.

Professional attitude of real estate companies and the presence of MNCs like CB Richard Ellis,Knight frank, Chesteron Meghraj & fast growing trend of property portals like 99Acres, Magicbriks,Indiaproperties etc are the indicaters of a “Professional Real estate” of tomorrow.

Still there is a large section which remains unorganised and non-professional. Add on of property dealers and so called Property conultant, who neither have proper knowledge nor experience in this field are making this profession as “Third Rate”. They seem to be a preffered choice of that sectionof society that believes in parellal Economy, as both can understand each other’s language very well.

Real Estate is a backbone of every economy be it a developing economy or a developed economy. In most of the developed countries real estate is a organized sector with licensed real estate agents who act as a very important intermediary between buyer and seller. The real estate agents is a specialized and organized work in developed countries where proper licenses are issued to real estate agents after going through a training procedure.An un-organized sector with no regulating authority /governing body reduce the transparency in transactions make them shady, speculative with uncertain market conditions thus making it a distant dream, for a common man, to own a property

Remedies suggested:

• Form a governing body: It is very important to form a governing body whoch has direct influence on the real estate players and which can give direction to the real estate market for its growth. 
• Fix the brokerage: there should be fixed brokerage for sale, purchase and rent deals etc in the market and no broker should charge a price above or below the market rate at any time. The prevailing rate of sale and purchase is anywhere between .5% to 2% of sale/purchase price.
• Education: learning is a very important tool for innovation and growth of an industry. If an Insurance agent is needed to clear an IRDA paper, an mutual fund seller needs to pass an AMFI exam and even a stock broker needs to clear a minimum no. of papers in order to exercise hid ticket in the stock market. So it is very important to device a paper which has a mix of mathematics and legal issues so that a real estate agent has proper knowledge on various obstacles or legal issues which can surface in a deal.
• Give License and code: After an agent is able to clear his exam then he should be issued a real estate agent license along with a code eg. xxx1986xx. Each and every agent should be provided with a unique code which will ascertain his identity and thus lead to reduction of frauds by brokers to buyer/seller.
• Get them in the Tax net: As the real estate sector was unorganized thus there is high level of tax evasion by the real estate agents. There is a remedy to prevent this. The unique code given to the real estate brokers will be given registered on legal papers of the deal and the records of same can be given to IT department. As each and every deal will be registered the brokers will be bound to disclose their brokerage.

Some of the thoughts & remedies as stated above have come from Mr. Saurabh Dhawan. Saurabh is 22 years of age and is pursuing MBA from IIPM. Saurabh is a Blogger, is promoting Medical Tourism in India

Vikas Rikhye,Real Estate Blogger

As we are aware that quite a few real estate companies had launched their IPOs in 2007,but major share of the cake was taken by DLF ,who bagged over Rupees 9000 crores.

Now it seems to be turn of Emaar MGF Land, a JV between one of the world’s largest Dubai based real estate group & MGF Group from India.

It is understood that The Motor & Finance Limited (MGF) one of the oldest finance company of India was incorporated in 1930 under the leadership of Shri Ved Prakash Gupta, the founder chairman of the company and under his guidance MGF became a leading Finance company of the country.

While Emaar Properties, Dubai - based Public Joint stock enjoys the reputation of a very successful track record of growth. Emaar Properties had been the Recipient of Best Developer” award in the year2006 in UAE for 2nd consecutive year.

With joining hands together Emaar MGF have acquired land bank of over 12400 acres,Spread over 22cities in 16 states of India. The company is developing properties in Residential, Commercial & Hospitality sectors across India. They have their ongoing commercial projects in over eight major cities in India.In near future, they have identified to get into Healthcare , Education & Infrastructure project as well.

It is understood that Emaar MGF has got the approval from ” Securities and Exchange Board of India” (SEBI) to launch its Initial Public Offering (IPO) This IPO seems to be the 2nd largest IPO in the country as it is expected to raise over 6000 crores. With offloading over Ten crore shares in the market & the share price is expected to be between Rupees 500-600 per share.

Emaar-MGF after bringing largest FDI in Real estate and now with this IPO makes it one of the strongest Real estate companies in India.

Unitech Limited aiming to be Number-1 real estate developer is spreading its wings now to South India. I understand from some sources that very soon M/s Untitech Limited would be announcing its two Joint-venture deals in Chennai and Hyderabad .

The sources add that these JVs would have the main focus on Binny land near Perambur in north Chennai & Shamshadabad around Hyderabad. involving over 1,400 acres of prime land.

The sources also highlight the following:

• Unitech would shortly announce its 50:50 joint venture deal with serial entrepreneur Prasad V Potluri’s PVP Enterprises that owns around 1,300 acres of land bank in Hyderabad’s Shamshadabad region.

• In the next few weeks, Unitech may also unveil, a 55:45 joint venture deal for developing 8.8 million sq ft of residential property on the 70-acre Binny land near Perambur in north Chennai, owned by SSI

• It is believed that development on the Binny land alone involves construction of over 5,000 residential flats, besides retail and commercial space. Even at a reasonably price level of Rs 5,000 per sq ft, the sale proceeds of developing 8.8 million sq ft comes to around Rs 4,400 crore.

• It is understood that the environment clearance has been obtained for the project.

With the information perceived as stated above, “Adds a feather in the cap” of Unitech’s progressive approach towards becoming India’s Number One Real estate developer.