Showing posts with label real estate investments. Show all posts
Showing posts with label real estate investments. Show all posts

Monday, September 2, 2013

Commercial Properties in Gurgaon by Aurumestates.com

Gurgaon is the major spot for commercial property in India as the city has attained the position of outsourcing hub in the world. The commercial properties in Gurgaon are the hot favorite among the business leaders as the city has become the new destination for business. With the easy availability of several commercial spaces in the city, one could have the desired choice with regard to office spaces and shops.
The growing demand for commercial property in Gurgaon arises because of close proximity to the Delhi and other NCR region. The city offers great employment and business opportunities which provokes many working professionals to move to the city for employment or for business. With the excellent location, many business concerns have established themselves or planning to establish in the city.


 The Gurgaon properties offer several needed amenities and facilities with the commercial spaces. The facilities which are provided with the office spaces and shops are security, air-conditioned working area, 24 hrs backup and many more. The office spaces and shops are made available in the shopping malls and commercial complexes which are specially designed to serve the needed working space to the professionals.
With the growing initiation of many renowned real estate developers, Gurgaon experienced the incoming of several shopping complexes, movie theatres, health clubs and many other commercial hubs which gives encouragement to employment in many ways. The properties are available for the buyers both for sale and rent. If you feel that you are not in a position to buy the property, you can hire the same on rent.
In the beginning, the rates of the commercial properties are touching the sky. But with the changing time and preferences, the rates have become easily affordable. With the great choice with regard to many commercial spaces in Gurgaon city, you can have the perfect location and meet your targeted business goals.

Aurum Estates offers every solution that comes within the ambit of real estate business: sale& purchase, relocation, real estate investments, real estate consultancy and management.We believe in offering a solution that works and an investment decision that changes the lives of our customer.

Contact Us     
Vijay Chawla
Aurum Estates
Shop No 1 Main Sohna Road
Opposite Uniworld Garden,
Adjoining indian oil petrol pump,
Sohna Road Gurgaon
(Haryana) 122018 India
Tel : +91 124 3295123
Mob : +91 9811210388, 9999997969
Fax : +91 124 2217833
Email : vijay@aurumestates.com
Website : http://www.aurumestates.com

Friday, July 12, 2013

Residential prices subdued across major cities in India

Have real estate prices across major cities in Indian reached subdued levels? Experts believe that prices in Delhi NCR, Mumbai and Chennai have either witnessed a slowdown or have remain unchanged. The affordable category, primarily the sub Rs 20 lakh budget range is performing much better across major cities in India in comparison with the Rs 50 lakh budget range and above, claim industry sources.

According to aurumestates.com, the searches on the site under the Rs 25 lakh budget category is the maximum, standing at 41 per cent during the July to December 2012 period. Second most popular category is Rs 25-50 lakh budget range, with 29 per cent users searching in this type. The Rs 50-75 lakh budget range came in third in the search statistics, as per the site.

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Vivin Samuel Mathew, Regional Business Head - Western Region of VBHC says, “The primary reasons for the slowdown are strict monetary regulations due to high inflation, RBI not releasing funds easily making home loans difficult to get by and property prices reaching peak levels as the market has performed well in the last 2 years.”


Top Observations

• Affordable segment performing much better compared to Rs 50 lakh above budget range

• Weak consumer sentiments due to stricter financing, high inflation and impending elections

• Smaller ticket size buyers are more compared to larger ticket sizes

• Suburbs are proving to be the high investment zones compared to city areas

• Increase in raw material cost, labour and transportation costs is converting into higher price for residential projects

There has been a 20-40 per cent slowdown in transactions in the past 2 months in the Chennai and Mumbai market, Mathew added. From affordability point of view, the market is still better but the housing above Rs 50 lakh budget range is taking a hit.

In the case of Delhi, price levels across Delhi/NCR have remained stable, but the rate of increase might not have been as high as last year. Transactions too have witnessed a slowdown as compared to last year, says Harinder Dhillon Senior Vice President (Sales & Marketing) of Raheja Developers.

Niraj Agrawal of Niraj Estates points out that in Mumbai, only western suburbs like Bandra, Khar, Santacruz and Thane, Palghar and Vasind (outside Mumbai city limits) remain unaffected because of the economic slowdown. Areas like Lower Parel, Powai, Malad and Andheri have seen subdued price levels as there is an abundance of supply and no matching demand.

Since the last two years have been good in terms of prices and transactions, this financial year is likely to bear the brunt of the high that the market has enjoyed in the form of a slowdown.

Aurum Estates offers every solution that comes within the ambit of real estate business: sale& purchase, relocation, real estate investments, real estate consultancy and management.We believe in offering a solution that works and an investment decision that changes the lives of our customer.


Contact Us     
Vijay Chawla
Aurum Estates
Shop No 1 Main Sohna Road
Opposite Uniworld Garden,
Adjoining indian oil petrol pump,
Sohna Road Gurgaon
(Haryana) 122018 India
Tel : +91 124 3295123
Mob : +91 9811210388, 9999997969
Fax : +91 124 2217833
Email : vijay@aurumestates.com
Website : http://www.aurumestates.com