Real estate market is hitting the scores high in recent times. The market has finally shrugged off the recession sediment and is moving to make it big. The real estate manufacturers are also paving the way for new projects that would bring in additional returns. The real estate investment is not a bad idea if you have a company that would make people’s dream come true. Gifting dream homes and some of the greatest commercial projects to India is the DLF Builders. Not to say, this is a real estate giant that has gained roots in expansion of the infrastructure in the major cities in India. You can say, DLF has been ruling the construction industry for the past 62-years and with several achievements in the bag.
The real estate company has started adding feathers to its crown since its inception in 1946 and since then there is no looking back. The company recruits some of the best engineers, architects, and mechanics from all over the country. The DLF Buildings spread throughout Northern India largely has introduced modern homes, the DLF Malls, DLF commercial estates, DLF Cinemax, and DLF Universal. The company has been instrumental in changing the lifestyle of the urban population who were much aware of all-inclusive state-of-the-art architecture.
It is truly hard to deny the contributions in urban developments that DLF added with its projects that are being updated constantly. The name is now particularly synonymous with the establishments of posh residential complexes, plazas, office buildings, Green Homes, and shopping malls. Today, it has an array of DLF projects that are among the premium properties in India.
Dlf Builders scaled the heights with various other projects that went well with the Multinational companies, executive –class of people, and also the NRI crowd. Some of the new projects of DLF Builders under the luxury homes section are mushrooming in the various cosmo cities in the country. They largely include the-
Sama Tara in Shimla, one of the exotic places in India.
The Aralias, with this project the focus of DLF again shifts to the tech-hub Gurgaon that holds the maximum prospects of real estate development in the residential sector in the Delhi NCR.
The Mangnolias, also based in Gurgaon sectors.
DLF Universal has been very noteworthy in making golf a part of the corporate culture with the DLF Golf and Country Cub in Gurgaon. Another remarkable achievement in the cap of the builders is the DLF Golf Resort, which has successfully drawn corporate to unwind and spend time in the wonderful lush green lawns and enticing flora and fauna settings in the tech-city of Gurgaon.
Contact details
DLF Centre
Sansad Marg,
New Delhi- 110001,
INDIA
Phone:91-11-42102030
Website:http://www.dlf.in/wps/portal
Wednesday, August 25, 2010
Tuesday, August 17, 2010
Green Homes in India
Is the Indian society finally becoming power conscious? The fact that Green Homes in India has taken on the housing market, we can safely say a yes. What if there is power shortage in the country. The middle-class is finally choosing to reduce on the electricity bill. According to the Green Council, there is a possibility of up to 40 per cent reductions in electricity consumption in the energy efficient homes in India. To avoid the pollution-laden places, people are shifting their focus on Green Homes that is also known as the ecology homes in India.
One of the misconceptions that exist about Green Homes is that there should be lot of greenery all around the home or apartment. Many buildings have roof-top gardens to reduce on the carbon dioxide emissions. But, unfortunately that is not what Green Homes really are. There are several other rules and regulations, building materials, and unique construction work involved in the Green Homes projects in India.
The sites are well-maintained places that ensure underground sewage, waste disposal pit, rain-water harvesting systems, and then use of solar energy throughout the complex. The homes are well lit but within minimum fuel cell bulbs. Lot of day light is allowed to ply in the houses. Night time facility can be much like the historical architectures, where the palaces would have granules on the roof to allow the moonlight to be in. The living rooms in the Green Buildings in India now opt for such lightning system.
Recently, there are more feathers added to the crown of the energy saving homes in India. After the first one was constructed in Hyderabad in 2003. There are many more projects that have been successfully completed in Mumbai, Kolkata, Delhi, Gurgaon, and Kolkata. Many say that Green Homes in India is the present need to conserve the environmental and the natural resources in India. It is scarce and therefore needs to preserve. The more the concept of Green Homes in India is getting clearer in the mind of the people, the more it is beneficial to the environment.
If you are thinking on the economic angle as well, these homes are future India. It is one way to say together that we stand to save power, energy, and the environment. Encouraging the builders is also the Green Homes rating system in India that is promoted by the Indian Green Building Council. The need of the hour is however the technological advancement, supply of alternative energy, and additional products that would eventually speed up the construction of the lavish Green Homes in India.
We need to figure out that what really makes a home eco-friendly in India especially since there is often a huge construction cost involved. Maintaining the Green Homes ethics is not always possible in remote areas of a city. Architecture is a prime requirement for inducing all Green Homes facilities in old houses. Re-modeling though may not give Green Homes label to the all the houses. Climate control, pollution control system, and sustainability are factors that only projects with an architecture that is equipped with these systems right from construction time.
One of the misconceptions that exist about Green Homes is that there should be lot of greenery all around the home or apartment. Many buildings have roof-top gardens to reduce on the carbon dioxide emissions. But, unfortunately that is not what Green Homes really are. There are several other rules and regulations, building materials, and unique construction work involved in the Green Homes projects in India.
The sites are well-maintained places that ensure underground sewage, waste disposal pit, rain-water harvesting systems, and then use of solar energy throughout the complex. The homes are well lit but within minimum fuel cell bulbs. Lot of day light is allowed to ply in the houses. Night time facility can be much like the historical architectures, where the palaces would have granules on the roof to allow the moonlight to be in. The living rooms in the Green Buildings in India now opt for such lightning system.
Recently, there are more feathers added to the crown of the energy saving homes in India. After the first one was constructed in Hyderabad in 2003. There are many more projects that have been successfully completed in Mumbai, Kolkata, Delhi, Gurgaon, and Kolkata. Many say that Green Homes in India is the present need to conserve the environmental and the natural resources in India. It is scarce and therefore needs to preserve. The more the concept of Green Homes in India is getting clearer in the mind of the people, the more it is beneficial to the environment.
If you are thinking on the economic angle as well, these homes are future India. It is one way to say together that we stand to save power, energy, and the environment. Encouraging the builders is also the Green Homes rating system in India that is promoted by the Indian Green Building Council. The need of the hour is however the technological advancement, supply of alternative energy, and additional products that would eventually speed up the construction of the lavish Green Homes in India.
We need to figure out that what really makes a home eco-friendly in India especially since there is often a huge construction cost involved. Maintaining the Green Homes ethics is not always possible in remote areas of a city. Architecture is a prime requirement for inducing all Green Homes facilities in old houses. Re-modeling though may not give Green Homes label to the all the houses. Climate control, pollution control system, and sustainability are factors that only projects with an architecture that is equipped with these systems right from construction time.
Saturday, June 26, 2010
Governemnt Projects on Housing: 2010
Housing is an essential human need. With a population of more than 280 million people, the need for housing in India is very urgent. To cater the housing needs of the people, Government of India has undertaken various housing boards across major cities/states of India. The Department of Urban Employment and Poverty Alleviation looks after, the housing and human settlement aspect in India, besides doing other works. The government housing projects working across the major cities India, has come as a great boon to those who are being benefited by this.
In India, housing is a state subject, but the union government is in charge of the policy formulation for the programs and approaches for the successful execution of the social housings schemes. Many of these housing programs are aimed, towards providing housing facilities to weaker sections of the society including landless laborers.
Housing & Urban Development Corporation Ltd. (HUDCO) is a fully owned government company, whose objective is boosting housing and urban development projects in India. There are various housing projects undertaken by the Government of India, some of the housings schemes undertaken are:
o Constructing 102 staff quarters for IOC, Panipat
o Constructing 324 staff quarters for BCCL, Dhanbad
o Constructing of 716 staff quarters for RBI in West Bengal
o Constructing buildings for Thermal Power Project at Panipat
o Constructing residential and office premise for Employees Provident Fund Organization at Jabalpur and Nasik.
HUDCO gives home loans to people and helps them buy their dream home. Like all other banks and financial institution, there are certain guidelines which the applicants will have to fulfill, before being eligible to get the loans. The dual advantage of these government housing schemes is that not only do people get homes, but a number of job opportunities are also generated once these projects begin.
In India, housing is a state subject, but the union government is in charge of the policy formulation for the programs and approaches for the successful execution of the social housings schemes. Many of these housing programs are aimed, towards providing housing facilities to weaker sections of the society including landless laborers.
Housing & Urban Development Corporation Ltd. (HUDCO) is a fully owned government company, whose objective is boosting housing and urban development projects in India. There are various housing projects undertaken by the Government of India, some of the housings schemes undertaken are:
o Constructing 102 staff quarters for IOC, Panipat
o Constructing 324 staff quarters for BCCL, Dhanbad
o Constructing of 716 staff quarters for RBI in West Bengal
o Constructing buildings for Thermal Power Project at Panipat
o Constructing residential and office premise for Employees Provident Fund Organization at Jabalpur and Nasik.
HUDCO gives home loans to people and helps them buy their dream home. Like all other banks and financial institution, there are certain guidelines which the applicants will have to fulfill, before being eligible to get the loans. The dual advantage of these government housing schemes is that not only do people get homes, but a number of job opportunities are also generated once these projects begin.
Friday, June 25, 2010
Property Prices in India: 2010 and beyond
Everybody dreams of owning a home and from current trends, it can be said that making an investment in housing properties in the metropolitan cities of India will be a lot wiser and cost-effective. The statistical presentation of the National Housing Bank (NHB) gives you enough reasons to believe so. The residential property price index suggests that small cities belonging to tier I segment have witnessed sharp rise in the prices as against the metropolitan cities.
If you are going to buy a house in Delhi, you will find the property prices of the city residences are still low by 6%. In fact, the IT and financial capitals of India such as Bangalore and Mumbai, respectively, have also not seen any significant shift in the price range. In the second half of the year 2009, the prices were marginally up between 1.72% and 1.61%, respectively. Seeing this trend, you can easily assume the property prices for housing projects in the year 2010 to be again slack or more precisely, investment friendly.
National Housing Bank (NHB) has cited many reasons behind the slowdown in property rates in the metropolitan cities of India. According to NHB, some factors that have led to fall in the residential property price index are:
• Recessionary pressure on global economic conditions
• Revenue loss to Information Technology industry
• Increase in unemployment rate
However, India has a resilient economic system and fast recovery across several sectors including IT and retail is a reason enough to expect a turn around in the property prices in near future. By 2011, the real estate market in India can be expected to account for large earnings, especially in the housing projects. In fact, the survey reports of Deutsche Bank reveal that India would need to build 10 million housing quarters across various cities on account of:
• Fast growth in population
• Increase in disposable incomes of the employees
• Growing needs for small households
Besides, going by the trends, it is easy to point out that the property prices in the smaller cities in India have picked up pace, with an exception of Jaipur and Kochi, which witnessed 11% and 7% slowdown in the property rates in even the latter part of the year 2009. Experts have pointed out several reasons as to why the cities of Jaipur and Kochi have not been able to track same path as their peers. These are:
• Slowdown of global economies
• Unpredictable movements in import and export market of India
Now, coming to the small Indian cities that have experienced a roaring increase in residential property prices, it can be said the housing development board is planning to introduce attractive discounts in luxury and up-market segments to make them affordable for the people of mid-income group. The small cities that have seen property price hikes are Bhopal, Pune, Patna, Lucknow, Surat and Gurgaon. These cities apparently witnessed 10% to 16% rise in rates. According to analysts, development work and proximity to main metropolitan cities are the two factors that have given boost to the property prices in these areas.
If you are going to buy a house in Delhi, you will find the property prices of the city residences are still low by 6%. In fact, the IT and financial capitals of India such as Bangalore and Mumbai, respectively, have also not seen any significant shift in the price range. In the second half of the year 2009, the prices were marginally up between 1.72% and 1.61%, respectively. Seeing this trend, you can easily assume the property prices for housing projects in the year 2010 to be again slack or more precisely, investment friendly.
National Housing Bank (NHB) has cited many reasons behind the slowdown in property rates in the metropolitan cities of India. According to NHB, some factors that have led to fall in the residential property price index are:
• Recessionary pressure on global economic conditions
• Revenue loss to Information Technology industry
• Increase in unemployment rate
However, India has a resilient economic system and fast recovery across several sectors including IT and retail is a reason enough to expect a turn around in the property prices in near future. By 2011, the real estate market in India can be expected to account for large earnings, especially in the housing projects. In fact, the survey reports of Deutsche Bank reveal that India would need to build 10 million housing quarters across various cities on account of:
• Fast growth in population
• Increase in disposable incomes of the employees
• Growing needs for small households
Besides, going by the trends, it is easy to point out that the property prices in the smaller cities in India have picked up pace, with an exception of Jaipur and Kochi, which witnessed 11% and 7% slowdown in the property rates in even the latter part of the year 2009. Experts have pointed out several reasons as to why the cities of Jaipur and Kochi have not been able to track same path as their peers. These are:
• Slowdown of global economies
• Unpredictable movements in import and export market of India
Now, coming to the small Indian cities that have experienced a roaring increase in residential property prices, it can be said the housing development board is planning to introduce attractive discounts in luxury and up-market segments to make them affordable for the people of mid-income group. The small cities that have seen property price hikes are Bhopal, Pune, Patna, Lucknow, Surat and Gurgaon. These cities apparently witnessed 10% to 16% rise in rates. According to analysts, development work and proximity to main metropolitan cities are the two factors that have given boost to the property prices in these areas.
Tuesday, June 22, 2010
Factors to consider before finalizing your home loan
Who doesn’t want to acquire the keys of their dream house? Well, many of us do so and the most common hurdle we come across in this, is money. This is where home loans come to our rescue, making it possible to think about and own a house. Buying a home, does not simply mean that you have a house in your name, it is also a very good investment for the future. Banks and other financial institutes give loans to people after considering certain aspects, in varied rates of interest. You must consider various things, before you think about taking a home loan.
Getting home loan is comparatively easy part; the tough part is choosing a loan and interest rate. Some of the things you must consider while selecting a loan and interest rate are given here:
- Think about how much you can afford. Your ability to repay the loan will largely depend on your income. For most of the home loans taken, one will have to repay a monthly repayment 30-35% of their gross salary.
- Decide about the amount of loan money you would like to take as loan. Generally, financial institutes and banks give home loans on 80-85% of the value of the property.
- Take a decision about the tenure of the loan. Normally, banks will give you a maximum repayment period of 15 years. In some cases this can be extended to 20 years; longer the tenure of the loan is, smaller is the monthly installment.
- Choosing the type of interest rate is vital. The most commonly preferred two types of interest are fixed rate and floating rate; hybrid rate (combination of fixed and floating rate) is also another concept opted by some people.
- Understand properly the amount of EMI you will have to pay for the loan. Compare the rates given by various companies; even a small difference of 0.5% would make a huge difference to your overall repayment amount of the loan.
- Be clear about each and every aspect of the home loan, before you sign on the dotted lines. Once you have signed, it will be pretty tough to change any of the schemes and options you have selected and may not like later on.
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