Cosmic Cruise KP-5 Greater Noida: Check Construction Update.

Cosmic Group Started construction Update on Cosmic Cruise  KP-5 Greater Noida..

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Photo Gallery of "Cosmic Cruise" Knowledgepark V greaternoida construction Update

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NRI selling property in India

Non-resident Indian’s play a vital role in the real estate market in India. Today, Indian real estate market is one of the fast growing industries and the demand for properties even increasing due to factors like development in infrastructure, IT Industry, BPO, connectivity, good return on investment etc. compared to others countries.

Non-resident Indian (NRI) can sell or gift their residential real estate property as well as commercial property to a resident of India, or another NRI. The formalities or procedure for selling your real estate property in India depends on your residential place.

The residential status in India is determined by the condition of Income tax Act based on the physical stay in the relevant financial year (tax year) or preceding ten tax years. Foreign citizens of non-Indian origin cannot buy a property in India. Therefore, you cannot sell your property to a non-Indian origin.

What property an NRI cannot Sell?

NRI can sell any commercial or residential property and he is also eligible to sell inheritance property but there are some conditions for selling agricultural land, plantation property and farmhouse. An agricultural land, plantation property and farmhouse cannot be sold to NRI or PIO. The NRI or PIO can acquire such property by inheritance only. Gifting of such properties can be done only to a resident in India.

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Things to Know Before You Make an Offer on a House

If you are a first-time real estate home buyer, you may be overwhelmed with the entire process. Many home buyers hire a real estate property agent and trust them completely. While a real estate property dealer and an attorney can offer you both guidance and support for buying both commercial as well as well residential property, it is most important to have a proactive approach. You should do your homework. You should be aware of every step. You should also question every people involved along the entire process.

Here is some important task that you should ask before making an offer:

1. What personal items will the seller include in the sale? Sellers tend to leave many items in the house, especially if they are moving to another city. While some of these items may be useful to you, others may not be. 
2. Why is the seller selling the house? Make sure the seller has a good reason to do it. You would not want a house that the seller is selling for poor construction value.
3. How long has the house been on the market? If the house has been available for a long time, be cautious. Check why other buyers didn’t go for it. 
4. What are home sales patterns in this area? Check the average time houses remain on market in this area. This information can be a huge determining factor, especially if you intend to sell the house in near future. 
5. Check the other offers on the house and the price reductions. Ask your real estate agent if the sellers have reduced their original asking price. Your offer price will also depend directly on the number of other offers on the house.
6. What is the average price per square foot in the neighborhood? Check the per square foot price of similar houses in the area before determining the offer price. 
7. How are the schools and school districts in the area? If you have young children, you may want to look for houses that are closer to good schools. Even if you do not have kids, good schools may be important for prospective buyers of your house down the road. 
8. Check the safety record of the neighborhood. All these factors can impact the price of the house in future.

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Tips for Buying Investment Properties

Looking to buy an investment property? Here are tips to consider first.

It pays to do thorough research before buying an investmentproperty to ensure you get the best return possible. Here are the 6 golden rules all buyers should consider before leaping into the investment property market.

Cosmic India

Check out the total costs

There can be many ongoing costs when you buy an investment property.

Factor in upkeep and repairs

If you’re buying an apartment also look at how much is in the sinking fund and work needed down the track like painting or whether the roof needs fixing in the near term.

Go where the vacancy rates are low

The old adage, ‘location, location, location’ still rings true for property investment, which means it’s also essential to consider the proximity of the property to essential services like public transport and schools.

Get into the right gear

“If you negatively gear the property makes sure you’re not hemorrhaging money each month,” says Brennan.

Decide between growth or yield

Another deciding factor in any investment property purchase is whether you are buying the property for capital growth or yield.

Choose the right management

Once you’ve purchased your property, Pilkington advises owners to appoint a real estate agent to manage it. “Even though I’m a real estate agent I still pay a real estate to look after my property because I don’t want to have to worry about things like chasing rent or appearing at the Consumer, Trader and Tenancy Tribunal.

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Is the Real Estate Bubble Big Enough to Naturally Burst in 2014?

One of the primary concerns for the real estate sector in the coming year is very clearly this: Will the much talked-about asset bubble inflates further or will it burst?

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2013 was mired in existing challenges such as subdued sales, piles of unsold inventory and builders going bankrupt. These problems will continue in 2014 as well, and, given economic instability, matters could become worse. However, it is very difficult to forecast anything in India as the real estate market is not subject to a fixed pattern. A great degree of political uncertainty, liquidity issues, high interest rates and cautious sentiments are expected to underpin the real estate sector in 2014 too. The only positive energy in this sluggish sector springs from the fact that the sales, though slow, are not stagnant. 

India’s real estate market has been faltering for quite some time as the economy remains under stress. Realty prices have been surging in an unprecedented manner unlike income levels which are not rising. The price increase is mostly speculative and can be attributed to the predominantly capital-driven nature of the sector.

While the cause might be the same at home, the movement of capital across the various geographies in India needs serious analysis. Let us look at each of the significant markets to understand the creation of the asset bubble.

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Economizer controls on real estate property in India

With the decrease in the financial system, people are enclosed with the problems they have not at all faced before. The situations have turned into so harsh that people have had to leave their well-deserved real estate properties in India right away. At rest, in other circumstances, there are a few entrepreneurs who turn conditions for example those into a leasing occasion. Some specialists like a real estatecompany in India can permit those citizens that one time were proprietors an opportunity to currently become renters.

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By way of the bad economic condition, came a two-sided result in the Indian real estate property buying and selling market. Owing to high interest rates, the landowners are flooded with large time debts and there was a mass quantity of public selling their residences as the prices slumped to their lowest in the past. Even decrease to a smaller house wasn't an alternative for some. This carried a big dilemma in the real estate business and things driven out to be very appealing in the end for landowners, but the renters and the management companies have held their own.

Purchasing both commercial as well as residential property in India present time is still a large risk though it is improving. Most people are still listed on renting residences until they can feel new monetarily secure. If you own a land at present, save it and rent it out if you desire to fetch it in use. Renting will offer you cash and you haven't sold it in underrated conditions. Be stylish. Do your investigation.

No subject how the economy recovers, on the other hand, there will forever be a want for rentals. People who are just starting their careers, those that are breathing in a latest region and want time to research a precise vicinity of a city or town before they purchase, those that get themselves in a high school tax spot but no longer have kids that exist in the residence. There are lots of motives for renting a real estate property in India. If you are lucky sufficient to have the facility to purchase a further home for the period of this time of lesser prices, then goes for it, land rental and management will forever have a region in the market in spite of the economic state of the union.

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Organize A Comfortable House Moving Plan

Moving into new homes requires experience and common sense. Remember, the process is difficult and tedious but you can make it comfortable and easy by managing the best tips and policies. There are many things that people don’t consider when moving from one home to the next home. However, it’s an ideal practice because by doing this many things and tasks left uncompleted.

Therefore, it is required to have good management policies and tips. There will be so many homes moving tips and suggestions but which tips and suggestions are important you have to find them by searching in markets and on the internet. Many methods can be employed to search the home moving tips so you should find the searching tools and methods in order to get information and knowledge about the home moving plans.

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Sort your materials:

In order to get comfortable home moving plans it is important to have the lists of your home materials. Sort the home materials that are important and unimportant to you. What materials are unimportant to you? The materials you have not used in the last few years will be considered as unimportant materials.

You are required to carry these things with you in new homes because these will increase the load only. Therefore, it is stated that people should use the methods that are helpful to find the tips and techniques to organize a comfortable home moving plan.

Sort available resources:

Don’t worry making home moving plans is not a difficult task. As we mentioned above that it is a game of common sense so you should use your thinking powers to develop ideas and plans. When you start to make the plans you should take care of resources available in your area.

There are many considerations about the resources management and utilization. You have to sort out the available economical and feasible resources because choosing the wrong resources will require more money and time that’s why it is required to be careful when looking for the home moving resources.

Finalize your plans to organize the home moving plans:

If you have made a home moving plan then finalize it by reducing the estimations and required costs. There will be many things that are not included at the time of the first effort to organize the plans. So you have to recheck all the important points and sections of the home moving plan. In order to get details about this you will be needed to explore the information and tips available online.

Remember, online searching is among one of the best options so you should use it rather than using office and market visits. The people who are looking for the modern techniques and methods to organize home moving plans should use the documentary movies and clips related to home moving.

There are many TV channels such as National Geographic and Discovery that inform the people about the latest techniques and methods that are currently being used by the real estate experts and professionals.

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A gift for buyers: Real-estate pros stuff your stocking with advice

Sound advice is always a smart gift. In this holiday edition of Buying Advice, we've asked real estate agents, investors and other housing pros around the country to give us their best tips for making a smart home purchase, and we've included a couple of our own favorites.

We'll also review the latest housing statistics and what they mean for the fledgling real-estate recovery and look at 10 surprising factors that could cause your mortgage application to be rejected.

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The top buying tips

Create – and keep — a good credit score.

All lenders use a credit score to help them understand what kind of risk you would be as a borrower. Pull a copy of your credit history score. The better the score, the better the interest rate you will be offered.

Find a good agent

Don't just use a friend or family member, or someone you run into regularly at your kid's school. Do some research, says cosmic, a real estate company in Delhi NCR.

The best advice is to look for a highly respected buyers agent," she says. Ask your family and friends for recommendations and then meet with several agents. "Find someone that you feel comfortable with, feel you can trust and that has experience in the areas you are searching for your home

Just be sure the agent sells real estate full time, so he can respond quickly. Ask the agent for the names of buyers he has helped in the past six months, Cosmic Structure Limited says. If the agent can't come up with several, you should keep looking.

Set a budget and get preapproved by a lender

It is important to know what you can afford and what a comfortable monthly payment. Some homebuyers learn the hard way that they can qualify for more than they can comfortably afford to pay, says real estate advisor and we do mean preapproved, which means submitting pay stubs and tax returns, not prequalified, which is more of a cursory estimate.

Check out the neighborhood just as carefully as you check out the house

Once you find a house that you really like, drive by that house at several times during the day and during different days of the week to really gauge the type of neighborhood you are buying.

Be ready to pull the trigger when you see the perfect home

The supply of for-sale housing is limited in many parts of the country, and that means good houses go quickly. Buyers need to be ready to sign when they see a keeper, which means having their financing in order.

Sometimes we're so busy worrying about getting a 'good deal' or negotiating small deal points that we miss the opportunity to buy the house.

Know the landscape

Once a home that looks interesting comes up on the multiple listing service, you and your agent need to do some research. How many homes are on the market in the blocks around it? How long have they been on the market? What condition are they in? What's in escrow? What have houses nearby sold for in the past 90 days?

Don't get emotional

Don't stretch your budget just because you love a home. Think like an investor and tell yourself, "There will be others out there for me”.

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Commercial property for sale in Delhi NCR

A perfect and successful business always needs several factors and one of them is an ideal workplace that properly caters all of your official necessities. In Delhi NCR you can see that almost all companies offices have their main head offices situated in Delhi capital of India. It is the dream city for many people who are planning to open their own office or for the rent in Delhi NCR.

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Now a day people's economic condition is also improving better over time and they are willing to gain more money by starting or expanding their business in such a place where there is a potential growth market is already available. In Delhi NCR, one can increase their business horizons if they got a commercial property for sale in Delhi NCR.

Some most popular commercial place in Delhi include Connaught Place, Netaji Subhash Place, Punjabi Bagh, Nehru Place, South Extension, Okhla Industrial Area, Lajpat Nagar, Kasturba Gandhi Marg and several places nearby. These places are the most preferred place for commercial business purpose which include all kind of business infrastructure and markets close by.

If you are looking commercial Property for sale in Delhi NCR then you should be careful on several facts including property location, prices, proper documentation and legal obligation free documentation and property so that you won't face any problem in future and run your business without any compromise. But finding such commercial property in Delhi NCR are not so easy because there are many property dealers also who are looking for their own benefits and sometimes you get a property which is not ideal as per their price range or locality or other reasons that might be a problem for you in future.

You can easily find all the commercial property in Delhi NCR, IT office space in Delhi NCR and commercial projects Delhi on the website of cosmicindia.in and then contact us for more details and further bookings.

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Noida Expressway – A popular real estate destination

The Noida Expressway

In today’s scenario where people from all across the country are migrating to the National Capital Region for educational, business or career advancement purposes, there is a huge demand of housing units and commercial spaces.
While the entire Delhi NCR has been abuzz with real estate development activities in the recent years, the Noida - Greater Noida Expressway has emerged as arguably the hottest realty hub. The 6 lane and 23 km long expressway not only connects the twin cities of Noida and Greater Noida but also serves as a link between the strategically important cities of Delhi and Agra via the Yamuna Expressway, another emerging real estate destination. The Delhi Metro and excellent road networks have made accessibility between the Capital City and this region easier than ever.
There are 40 sectors along the expressway which have been divided into four zones under the Noida Master Pan 2021. Areas especially those falling within 1 km of the expressway witnessed spurt in Commercial and Residential Projects, IT Companies, educational institutions, Special Economic Zones (SEZs), Hotels and other developmental activities. Several other shopping malls, hospitals, schools and various other amenities related infrastructure have been planned here. The property prices are on a constant rise in this region. Besides, the master plan will ensure balanced development amidst population explosion.
There is little doubt in the fact that Noida-Greater Noida Expressway is going to experience unprecedented developmental activities and will soon be a world-class urban suburb. Cosmic Group is also coming up with its varied realty projects in this prime location.
Cosmic Group is also coming up with its innovative project Cosmic Corporate Park II at sector-140 on the noida expressway. This project is going to be India's Most Glamorous Business Park the first absolute Green Building in Noida with LEED gold certification.
This project also brings in 7 star facilities in a Corporate Park in Delhi-NCR for the first time with 7 theme restaurants, 24 hour Coffee Shop, Lounge Bar, Pub, Kids Zone, Crèche, Gymnasium, Swimming Pool, 20000 sq. ft. club with all major indoor games and food court offering more than 25 cuisines
The project will be ready for possession by Dec 2013. For more details on the Cosmic Corporate Park II, please visit http://www.cosmicindia.in/

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