Planning to be your own agent? Think again...

With so much information readily available online, many people are under the mistaken impression that all one has to do to sell a property is find a buyer who is ready, willing and able to buy. Finding the buyer for a property in today’s buyer’s market is only half of the battle. The actual job begins after you find one. You have to then sure that the deal does not fall apart due to unforeseen circumstances before it gets to the closing table....

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What is in store for Real Estate in 2013?

Anyone who has had a look into this sector over the past decade will predict almost the same as what we say here because real estate has grown in leaps and bounds when comes to costs, purchases, sales and prices. The trend has not withered over time and has in fact become stronger. Real Estate Business For the coming year 2013, we expect mostly the same. There are hopes of growth in the real estate sector, mainly due to the government’s...

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Real Estate Investment: A healthy choice

It is common for investors to own multiple pieces of real estate, one of which serves as a primary residence, while the others are used to generate rental income and profits through price appreciation. For many people, real estate is the easiest to understand investment because it is simple, straight-forward and involves a fair exchange between a property owner (the landlord) and the property user (the renter).  As long as the hot water keeps...

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Going Green- Cosmic Corporate Park

India’s first absolute Green Building In tune with global trend to protect the environment, the Green Building and Sustainable Design Certificate Program addresses the trend of developing healthier communities by defining effective ways to utilize energy and promote water efficiency. Leadership in Energy and Environmental Design (LEED) is a rating system devised by the United States Green Building Council (USGBC) to evaluate the environmental...

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Cosmic Group- A Complaint free Company

Cosmic Structures Limited is a professionally managed realty company. We act as a respectable and trustworthy builder and developer in the competitive field of real estate and infrastructure in India and abroad. The aim is to come up with new and unique ideas and give our customers the best 7 star luxurious facilities. Cosmic is one of the largest companies with a difference that offers luxury for reasonable costs, excellent customer care levels...

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Delhi NCR - A real estate paradise

Delhi-NCR Real Estate Around 4 years ago, when recession hit the globe the future of real estate in India and all across the world seemed uncertain. There was a drastic drop in the demand and the property prices were also hit. However once India was able to get over the economic slowdown and the recession, the real estate industry has grown in leap and bounds. The property prices in this continue to defy the skeptics. While the investors are...

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Gurgaon - The Ultimate Commercial Hub of India

Gurgaon Cyber City Once considered as a sleeping township, Gurgaon has emerged as a one-stop-destination for all great businesses around the world in the last 25 years. Name any big company and chances are, you will find its office in Gurgaon. On one side, it is called the mall capital of India and on the other it is widely accredited as the offshore outsourcing hub in India. Gurgaon is one of the major outsourcing focal point for housing...

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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...

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Yamuna Expressway – The next real estate hub

The Yamuna Expressway The real estate arena in the Delhi NCR region has witnessed a rapid upsurge in the past few years. With good infrastructure, excellent connectivity, modern lifestyle amenities, foreign investment and spurt in the number of MNCs, private sector and other corporate structure, this area is a destination where thousands dream to settle down. While Noida, Noida Extension, Noida Expressway and Greater Noida have already seen...

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Can your home earn you a pension?

Earning a pension with the help of your home is a fairly new concept. Let us take the example of Mrs. Palekar to show how a home can earn you a pension. Mrs. Palekar belongs to a well-to-do family and has two sons settled in the U.S. She has a home to live in and also has a sum of Rs. 50 lakh saved in the form of a fixed deposit. Every month, Mrs. Palekar earns a sum of around Rs. 30,000 from her fixed deposits in the form of interest which takes...

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Current Trends in Indian Real Estate

The past few years have witnessed the emergence of the Indian real-estate industry as one the biggest sectors for investments. The continuous growth can be attributed to the liberalization of direct investment norms, the introduction of SEZ Act in India and low prices that continue to attract investors from both India and abroad. Indian Real Estate Market A recent survey indicates that India has the fourth ranking among the top Asian...

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What needs to be taken care before a NRI sells his/her property in India

The recent boom in the Indian real estate industry has prompted NRIs (Non Resident Indians) to sell their properties in India to take advantage of the hike in land prices. However, NRIs must take note of the special provisions of the Indian tax laws before selling their property in India in order to ensure a smooth transaction and avail maximum benefits. NRI invests in Indian real estate One Indian to another An NRI can...

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Planning to buy a Property through an Auction, points to keep in mind

Auction of your Home What happens if you are unable to repay the home loan that you took within the stipulated time?  For one, you can expect the bank to send a notice with the required amount to be paid. The failure of making the full payment may force the bank to seize the house.  The procedure If the borrower cannot repay the mortgaged payment, the bank sends a Notice of Default. If the borrower does not respond by the...

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Need for Office Space soar to 7 million sqft in Apr-Jun qtr

Need for Office Space soar to 7 million sqft in Apr-Jun qtr As per the quarterly report by CBRE, a global property firm, metro cities like Mumbai, Bangalore, Delhi NCR have absorbed over 75% of the total space leased in the second quarter.  Office Space As per a recent survey, In spite of the recent downfall in the real estate market for large office spaces, almost 7 million sq ft space was rented during the second quarter...

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Noida Extension buyers want banks to waive interest

The authority of Greater Noida is offering builders with a ‘zero period’ for paying installments. The home buyers are not too happy with it and demand from the lending banks to make all the EMIs interest free paid during the land row. Bank 80 home buyers have formed a group and have joined hands to mount pressure on banks to waive off the interest on their EMIs. According to the buyers, banks are also to be blamed in the Noida extension...

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Commercial reality market touching skyline

Reality Market at its Peak The commercial real estate of most of the Indian cities is booming after the prolonged abeyance. The rentals will remain under control for sometime considering the plethora in the market. The report by one of the popular property consultants ‘Knight Frank’ says that, office absorption in January-March 2012 rose up by 23 percent as in comparison with 2011. 1.04 million sq ft have been total transaction of office...

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