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Tata New Haven Compact

Tata New Haven Compact – An Integrated Green Township by Tata Value Homes

Tata Value Homes again unveils an infrastructure marvel with New Haven Compact in the future hot Spot of Vadsar Kalol, Ahmedabad. With sound expertise in the architectural domain and snotty representation in interior designs in recent other projects. With the successful possession of several other residential projects, Tata Value homes makes a remarkable positioning in the real estate industry. The brand has exposed the same expertise in various launching projects. New Haven Compact is an integrated mega township that is very much futuristic in its outlook.

Project Overview:

The project has been beautifully placed amidst lush green vista and breeze of nature that brings out the true essence of Gujarat. Landscaped gardens, Green avenues and boulevards walking pathways and club ensure high entertainment platform to all home buyers. Tata New Haven Compact in Kalol Road, Vadsar, Ahmedabad offers  1 BHK ready to move in flats with several amenities to all the occupant. The integrated mega green township is spread over 17 acres, well connected to all the various modes of communication day and dark. This ambitious project has got more than 50 blocks with total 724 apartments. The brand new residential project is complete package of comfort and luxury. The entire infrastructure is an earthquake resistant.

Location Advantage:

Vadsar is one of the most convenient and easily accessible areas in Ahmedabad. The locality is surrounded by developed areas such as Nirma University on SG highway. The Ahmedabad International Airport is located at only 25 kms from the project site. The residents walk to AMTS bus stop which is located at a distance of just 2.9 kms. The Kalupur railways station is approximately 23 kms from the site. The home seekers can travel to SP Ring Road which is only 06 kms from New Haven Compact.

Facilities and Amenities

The project offers variety of options for the dwellers in terms of space capacity. It doles out 1 BHK apartments keeping assured that all the interior intricacies are being well dealt. The Tata New Haven Compact in Vadsar, Ahmedabad renders plethora of opportunities to the dwellers as in solar lighting, beautiful and loaded green vista, more than official towers, vivacious ambiance, water conservation,  cross ventilation, certified green building , double insulated glasses, unique column for free designing, facility management, club house, tight security management , 24 hours security surveillance, landscaped gardens and courtyards, modern fire detection enhances security levels, basement parking and multilevel parking, climatically sealed structure and much more which would make one go jaw dropped. Ample of facilities are integrated in a pack which is being served.

 

The New Haven Compact, Ahmedabad offers several reasons for investing in the most affordable housing project by TATA. The project bestows the occupants with best of the opportunities and blends nature with luxury making it just perfect. The apartments are affordable within small price range and the real amount can be scattered over via installments.  The brand new projects has been efficacious in making the best of ambiance for the future generations which would cherish the present investment lifelong. Not only the location puts one away from clutter but also allows one to groom well in nature’s circuit. Channelize the hard earned money in best of the modes to generate manifold returns in future.

stamp duty

Noida stamp duty set to be hiked next week

The two percentage point increase in stamp duty will put immediate impact on Noida home buyers who booked flats years ago.

The two percentage point increase in stamp duty, announced earlier this year but kept in abeyance, is likely to come into effect any day next week. Its immediate impact will be on home buyers who booked flats years ago but have just started getting possession after the resolution of the ecological quandary around the demarcation of a buffer zone around the Okhla bird sanctuary.

Thousands of flats in Noida and Greater Noida (west), earlier known as Noida Extension, will be delivered over the next few months, but the cost of registry will be 7% instead of 5%. The government hasn’t made it clear which date it will implement it from or whether buyers who had booked flats earlier would be exempted. The stamp and registry department expects a surge in the number of applications.

Chandra Shekhar, an advocate who deals in registry of properties, said the proposed revision of circle rates has also created panic among home buyers. “Registering a property is a time-taking process. The buyers and builders have to sign an agreement. The Noida Authority has to give a transfer certificate. The buyers then have to submit the documents and stamp duty,” he said.

There are over 30,000 registries pending mainly due to delay on the part of developers, who are yet to make payments to Noida Authority. According to sources, without payment, the Authority does not issue completion certification to developers, without which, the stamp and registration department does not register properties.

Sources said that the notification has been intentionally delayed to register maximum deeds. Developers, on the other hand however, said the hike will negatively impact real estate in GB Nagar.

The hike will put an extra Rs 1-2 lakh burden on each buyer, while the revenue department expects to earn an additional Rs 100 crore.

With thousands of flats routinely delivered late in GB Nagar, especially those affected by the Okhla Bird Sanctuary row, it will be a double whammy for many buyers.

Angry buyers accused a nexus between Noida Authority, developers and district administration for their misery. Developers said the decision will negatively impact GB Nagar real estate.

It is pertinent to mention that Noida and Greater Noida are government by the UP Industrial Development Act, 1976. Following the directions of UP chief secretary Alok Ranjan, a proposal was moved by the department to hike stamp duty in these areas, which are government by the Act.

Smart city projects

Smart city projects spell opportunities for realty

The central government’s ambitious smart cities project and Union Budget 2016 have together brought good news for new home buyers.

In the first phase of smart cities projects, the Union Government has picked 20 cities which will developed as per the norms established. These 20 cities may not be among the popular residential market today but with the infrastructure overhaul they are expected to be among the top livable cities in the country.

The central government ambitious smart cities mission will boost the real estate market, say experts. This new move is also expected to bring great opportunities for the realty sector. The government is expected to spend 89 per cent of the proposed Rs 48,000 crore for the first 20 cities. This investment would be towards housing construction, urban development, transportation, water and energy.

Impact on real estate

According to white paper released by RICS, smart cities mission will provide immense opportunities for high volume real estate developments in the country. This would also bring huge capital investment from foreign countries. The report says that a big part of this fund has to be invested to empower the civic infrastructure of the cities, which has got the developers enthused. The top cities of India who has not seen new launches in residential and commercial property since very long time, will get accelerated with the start of project.

According to RICS report; 7 per cent of the total investment is allocated for technology infrastructure, while 4 per cent of investment is allocated for public services.

Read : Impact of the Smart City tag

The Union Urban Development Minister too has urged more companies – especially the multinational companies  to make investment in these upcoming smart cities.

Right time to invest:

Real estate is an investment zone, where there is believed that money invested now will fetch better returns, even better than SIP’s, mutual funds, fixed deposit and other traditional investment tools available in the market.

The new real estate bill will also play an important role in the smart city story by protecting the interest of home buyers and bring in more transparency in real estate industry.

The prime objective of India’s smart cities program is to encourage cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘smart’ solutions”. This project will stir the real estate market and will put positive impact on the property market”, says Harish Arora of Saksham services.

Affordable housing options

Bangalore: Affordable housing options

Bangalore offers many options in the budget housing category, ranging from studio apartments to independent houses. Here is a sneak peek into the top localities buzzing with real estate activity

Bangalore is one of the fastest emerging investment hotspots in Indian real estate segment. The real estate growth in the city is driven chiefly by the IT industries. Being an IT hub, the city attracts a large chunk of migrant population annually who want to settle here for work. Their journey may begin with PGs, hostels and rented accommodation and reached out to self-owned property ultimately. This sentiment has driven the city’s real estate segment for a long time.

As a result, the city is dotted with full-fledged educational institution, multi-specialty hospitals and enhanced social and physical infrastructure. The city has witnessed continuous growth in the last couple of years when we compare with other cities in India like Delhi, Noida, Mumbai and Chennai.

Among all property segments, the demand for affordable housing is gaining prominence in Bengaluru. According to a report by real estate advisory firm JLL, the demand for affordable housing is increasing everywhere in Bangalore and the constant demand can also be observed in outer periphery of the city. It is also true that majority of the demand comes from price sensitive buyers and middle segment group.

The demand in outskirts of the city is driven by the metro rail network expansion and peripheral ring road that provides smooth connectivity. Therefore many affordable projects are developed in suburbs of city which are in different phases of construction.

The locality like Hosur Road, Sarajapur Road, Bannerghatta Road, Mysore Road and Kankapura Road have witnessed highest demand for low-cost property.

Here’s a list of localities that offer budget residential properties in Bangalore:

Hoskote: Hoskote is one of the prominent localities of East Bangalore. It is located 25 km away from the main city. The area is rated highly among other areas  for real estate investment point of view. It is strategically situated at the intersection of NH-4 and NH-207 that attributes good connectivity with major parts of the city. The area has a famous medical college-MVJ Medical College & Research Centre – which makes it a good place to invest.

Low-cost realty projects at Hoskote: Artha Neo Midas, Artha Emprasa, and Sowparnika Purple Rose

Average Price Range: Rs 2,300-Rs 3,500 per square feet.

 

Bangalore: Time to invest in Hoskote

 

Electronic City: Electronic City is one of the Bangalore’s largest IT hub located in the south-east of metropolitan city. It is popularly called as India’s Silicon Valley. As of now Electronic city has more than 187 IT companies with working population who are looking for affordable housing options in proximity to cut their daily commute time. Realty experts say that the property prices in the area are low when compared to other residential areas. The locality has a good supply of residential property at affordable prices as compared to other IT hubs in Bangalore like Whitefield, Manyatha and Uppendra manchappa.

Projects at Electronic City: Puravankara Rising City, Prestige Sunrise Park , Godrej E-City, Prestige Tranquility, Icon Happy Living and Krishna Goldfields.

Average Price Range: Rs 2,700-4,800 per square feet

 

Electronic City: The property hotspot in Bangalore

 

Sarajapur: Sarajapur has emerged as an ideal location for investment over the last couple of years. It is located in the outskirts of the city, about 20 km away from south east zone. This locality too has a good supply of affordable housing projects due to city centres and IT clusters in the vicinity. The locality is buzzing with good social and physical infrastructure development with availability of land parcels at low-cost.

Affordable Housing Projects: Ahad Euphoria, Puravankara Skydale, SJR Palazza City, Prabhavathi Grand View, Aswani Sunshine and Celebrity Square.

Average Price Trends: Rs 3,900-Rs 7,000 per square feet.

home-decor-ideas

5 Home Decor Ideas for an opulent haven

Organising a home is an art. People these days pay attention towards elaborate details owing to the growing a keenness towards intricate items to transform the basic structure into luxury abode.

Modern homes are no longer constructed with bricks, sand and stones. They are nurtured with perfection by carefully crafting them with vivid design and alluring aesthetic ideas.

 

Here’s five interesting tips and tools to add artistic charm to your home:

 

  • Use matching clothes hangers: Choose the right hangers that can give your wardrobe neater appearance. Though, it may give a bit burden on your pocket but investing in matching hangers can give you instant gratification. These smart hangings hangers can turn you closet into a sleek, uniform hanging system.

matching clothes hangers:

 

  • Try hooks at the back of the door: This small trick can help to optimize unused space of your home. This is one of the hidden storage idea that doesn’t require much money or time to make it usable. These clever hinges can be kept behind the door and proves to be great space saving tool.  Its installation doesn’t require any technical support as it can be easily accommodated behind the door.

hooks at the back of the door

 

  • Utilise space under the stairs: While almost every homes have unused space under the stairs because the space is poorly lit and you can’t stand up easily in the space. This area can be utilised in a more efficient way can be turned into most attractive and useful space of the home. You can put some beautiful furniture like slide-out drawers and cabinets to keep your stuff with no hesitation. This space can be utilised to make mini library.

Utilise space under the stairs

 

  • Art and Accessories: your home is a canvas that can be painted into beautiful colors. You can also add a touch of flair by placing a colorful artistic piece to the wall of the room which can be made the focal point of your home. Framed art, canvas and modern artistic design can create an artsy appeal to the home.

art and accessories

 

  • Create a storage-packed kitchen: Imaginative kitchen design ideas and smart planning can modify your kitchen into storage packed spaces. Pull-out cabinet cookware organiser can be installed to maximise the space. Open shelves are also useful as they provide much space for storing everyday utensils, pots and fry pans. Use hooks to hang measuring cups or knives. Space above the wash basin allow you to hang more items.

Create a storage-packed kitchen

Real-Estate-commercial-Building

Noida Commercial Property Overview

A famous saying in Real Estate “Don’t wait to buy a Real Estate, Buy Real Estate and then wait

A real estate is more than just houses; it even includes commercial properties, condominiums and open land in addition to just single –family homes.

Brief History

Real Estate saw a boom in the market from the year 2008-2013. These years in particular especially Noida and Greater Noida saw many new players (Like Jaypee Infratech, Gaursons India Limited, Wave Infratech etc.. along with small players) entering into the market and offering a combination of 1/2/3/4 BHK apartments along with various amenities that can change the life-style of a common man along at very attractive prices to fit into the budget. This not only benefited the common man but also the dream of having his own house in NCR started becoming possible.

The Real Estate industry even became one of the most prominent sectors in employment generation. People from different industries and varied experiences came and joined the industry and gradually the face of industry stated changing from a traditional property dealer to a professionally managed industry. This was the time when residential apartments / plots were more in demand.

The demand for residential units continued in the same pace for another 3-4 years i.e till 2012. Ever since 2013 mid the demand for the residential units started slowing down due to fewer new launches and very few “fresh land allotment” by the Noida Authority. The developers were all supposed to deliver the project by this time which was launched way back in 2008-09, but eventually it did not happened in time and almost every project suffered a delay of one or two years in particular, due to some external and internal factors. The market took some time in actually understanding that there is an oversupply of residential units and the toughest task of delivering those units are still not completed.

The prices then were at its peak and all those residential units launched at an average price of Rs.2500/- PSF way back in 2009-10, were now asking for a price of almost Rs. 5000/- PSF and even more. The bubble was about to burst in couple of months and it actually started towards mid-2014.

This was a typical transition phase for the sector wherein it was considered that, NCR market is Builder and Brokers driven and buyer is not a king.”

Gradually when the sales took a dip and all those directly or indirectly associated with the Sector started feeling the heat in their earnings, the market was lured with various tailor made payment plans, offers, amenities, foreign trips and lately the price cuts. The Market even understood and accepted that the “Buyer was and always remain the King”

Now, with ample options of ready to move, under construction and fewer fresh launches along with very fair prices available, this is the time when an end user who has a dream to owning a house in NCR can still come true.

Current Market Scenario:

As we have said a lot about Residential units and their benefit, the demand for the residential units will always be there depending upon the choice and requirement of the end user with the variety of options viz, Ready to Move, under construction etc..

So where the Real Estate Market is Heading and what is the future of this Industry?

If we look around and analyze almost every im-movable thing is a real estate viz, house we live, office where we work, Land etc.. As and when, with the time the demand for Real Estate will keep on increasing and decreasing.

Right Time to Invest:

Real Estate is an Investment Zone, where there is a common believe that the money invested now will fetch a better return tomorrow, even better than investing in SIP’s, Mutual Funds, Fixed Deposit and other traditional investment tools available in the market.

So with the market scenario which is the better option Apartment Plot or Commercial and where?

The current market scenario is more favourable in investing into commercial. There are plenty of options available to choose from.

Why Commercial??

Investing in commercial property viz Retail space, Office Space or Serviced Apartment is new talk of the town. It seems that, for majority of the people the quest for investing into residential unit has been put to rest because of oversupply of the residential units as well as low rental value or lower Return on Investment (ROI)

Wherein the commercial property with better payment plans, assured returns along with lease guarantee which starts with minimum of 3 years and can extend upto lifetime along with the lower price range gives an edge to even small investors to put their money and create a property which can assure them with the rental income for life time. The ROI (Return on Investment) is quite high as compared to residential unit.

Apart from this, Noida Market is something which attracts a better return with lower purchase value. Slowly the market for Office Space and Retail Space has caught an attention from the buyers and even from the big business houses for the rental space as everybody starting from an individual to big corporate house is looking for cost cut in order to enhance their earnings.

Henceforth Noida Market provides them with an opportunity with lower cost, better developed infrastructure, Transportation system, Lower rentals as compared to gurgaon, Expressways and DMIC (Delhi – Mumbai Industrial corridors).

Now, when everything is put together the answer is Profit. Hence, full marks to Noida Commercial Market.

traffic

Delhi-Meerut expressway to boost NCR realty market

The Dasna-Meerut six-lane connector has received a nod from the central government and the demand for housing units along the stretch is likely to increase, say realtors.

After a long wait, the Environment Ministry has given green signal to the NHAI to begin work on the Delhi-Meerut expressway. Project-related activities started in May when the Prime Minister put the foundation stone.

The total length of the entire expressway will be 105.45 km. This ambitious project was approved by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister. The project would cost Rs 7,566 crore.

The project has to be executed in three stages. In the first phase, construction will commence from Delhi to Dasna which is a 27 km, 14-lane stretch while the second stage will be extended from Dasna to Hapur by a further 27 km , six-lane road on NH-24. The third phase will include construction of 37 km long road which will be called as Greenfield alignment of the expressway.

Infrastructure and connectivity to improve

Once the project is completed, it will certainly prove to be a boon for thousands of daily commuters who travel from Meerut to Delhi. The expressway will also cut travel time from many other cities of Uttar Pradesh. The construction of Dasna-Meerut six-lane is aimed at de-congesting traffic in the national capital. The expressway would also ease the lives of people residing in Indirapuram – Ghaziabad stretch. The four stretch of expressway including Nizamuddin bridge to UP border, UP border to Dasna and Dasna to Hapur is supposed to served well in public transport.

The stretch along the NH-24 and Ghaziabad are well-mapped with civic infrastructure. It is expected that the extended stretch up to Meerut will have medical, education, healthcare and entertainment facilities. More infrastructural developments like the extension of Metro route will be planned.

Locations that would be benefitted

Grater Noida West, Crossings Republik, Raj Nagar Extension, Indirapuram, Vaishali, Kaushambi and Siddhartha Vihar are some of the prominent location of NCR circuit that will benefit from the development of the Delhi-Meerut expressway. Realty market experts estimate that the property market will also geta fillip.

Gaurav Gupta, general secretary, CREDAI RNE, said, “The rates of properties on this stretch at present are also affordable which are expected to go high with this project. This plan would be a big contributory of realty growth eventually fostering the development of all the regions lying on this stretch. This expressway will positively impact the values of regions lying along NH-58 & NH-24. Different regions of Ghaziabad, Indirapuram, Noida and Greater Noida (West) would benefit a lot with construction of this expressway. These regions are expected to witness a different growth story once the project culminates.

The new development plan will accelerate the property market in locality which lies in and around Indirapuram, Ghaziabad and NH-24. This was the long awaited project for investors those who were looking to invest apart from the area that is already saturated and congested in every terms. This will broaden the opportunity for developers as well as investors. Developers will find it easier to acquire land and build projects; and home buyers will have more affordable options in the periphery,” said Sunil Pandey of Real Homez.

Smooth connectivity is always a key factor for development of any place. This project would certainly boost give relief to daily commuters and will take away the loads of traffic from the existing highway. We are also expecting extension of metro route over the highway,” he said.