New Plans Waiting for Investment in Kolkata Real Estate

New Plans Waiting for Investment in Kolkata Real Estate

After the pullout of Tata Motors from Singur, chief minister of West Bengal is confident of investment from top international companies like ArcelorMittal, ICICI, Jindal and few Chinese automobiles companies. While giving a speech at the opening ceremony of the 36th World Congress on Housing Science, Buddhadeb Bhattacharjee told that there is a huge investment opportunity in various sectors like real estate, IT, automobiles, steel etc. The center of point for real estate investment is Rajarhat, the imminent IT hub of West Bengal. As a result Rajarhat Properties rates are raising high with time.

With Kolkata Property Prices rising; there is a major challenge in providing land to the industries. Also one of the major problems that Kolkata Real Estate is facing is from bank. Buying Property in Kolkata is not so easy, without the availabilty of proper channel for financing from banks.

Real Estate Builders in Kolkata are eying on the government to get benefits from the government plans, so that these benefits can be transferred to the buyers. Well all have to wait and watch the policies that are going to be implemented by the West Bengal government.

Is It a Right Time to Invest In India Real Estate Market?

Is It a Right Time to Invest In India Real Estate Market?

The market slum has forced Indian banks to reduce Home Loan Rates and increase rates for Fixed Deposits. And on the other side the Indian Real Estate biggies admit that there have been some shocks in the real estate market of India, yet a good number of them believe it’s a good time to buy a new house. For this you ought to go and gaze for great offers value.

But with the current scenario, only the property rates should not be the sole decisive issue. As the prices have already be so low that any person who buy a residential flat or apartments would be ahead of those who still are waiting for the property rates to fall more. This is a situation similar to that of Gold. Gold prices had dipped so low that those who have purchased them in September, 2008 would be feeling lucky than those who still are waiting for more drop in the price. Hence, don’t wait more and choose the best product that suits your pocket as well as fits your dream house criteria like location, amenities, etc.

So, it’s the right time for the home buyers to buy their dream home or for the property investors who are in the property investment business.

Infrastructure Development: Key to Jaipur’s Growth

Infrastructure Development: Key to Jaipur’s Growth

The pink city Jaipur seems to be in the pink of health as far as the real estate is concerned. Jaipur is amongst comparative scale with Gurgaon as it’s projected as one of the ten mega cities of the future. The city is said to be evolving to be the fastest growing metropolis in the country.

Major initiatives from the state government include setting up Special Economic Zones (SEZ), IT Parks, Biotech Industries and Automobile Plants that make Jaipur a happening real estate spot. The key to development in Jaipur is undoubtedly the infrastructural development in and around the state capital. The infrastructural developments include the ring road construction that will come up all around Jaipur.

Mahendra’s SEZ is a major real estate activity that has brought Jaipur on the real estate map on 3000 acres on Ajmer Road. Some of the main projects that are coming up in and around Jaipur also include several five star hotels that will attract more and more foreign tourism. Other projects that make Jaipur Real Estate active is the IT Corridor that attracts a number of potential employees from the surrounding areas and hence raises the demands for residential and commercial real estate development in Jaipur.

The residential values in some of the most transacted localities in Jaipur like, Mansarovar, Chitrakut, Vidyadhar Nagar are around Rs 2500-3500 per sq ft. Other localities like Jagatpura and Kalwar Road and are around Rs 1500-2000 per sq ft.

Moreover, Jaipur is all set to have a hi-tech Film City that is said to be completed in the span of two years. This attractive site will be located in an area of over 1000 acres on the Jaipur-Agra highway, near village Sumel. The upcoming Omaxe City is coming up with a residential complex near Jaipur that is only 20 minutes drive from railway station, airport and bus stand.

Big manufacturing industries are already setting up plants and manufacturing facilities in Jaipur. Hero Honda is said to set up Rs 700 crore plant whereas Anil Ambani’s Mega City Development Plans are also underway. The World Trade Park, Med-Tech City, International Convention Centre as well as the International Golf Course are some upcoming projects of Jaipur.

Real Estate Agents in Jaipur