http://www.indianrealestateforum.com/ Real Estate India - Gurgaon - Delhi - Noida - Mumbai - Pune - Chennai - Indian Property Discussion Forum - No Buy, Sell or Rent Property here en Fri, 24 May 2013 14:03:43 GMT vBulletin 60 http://www.indianrealestateforum.com/images/misc/rss.jpg http://www.indianrealestateforum.com/ http://www.indianrealestateforum.com/chennai/t-cost-raw-materials-construction-tambaram-58133.html Fri, 24 May 2013 13:15:24 GMT Hi, We have began construction of a duplex house(1400 sq ft) in Tambaram. We are getting the raw materials at the below given cost. Could... Hi,

We have began construction of a duplex house(1400 sq ft) in Tambaram.
We are getting the raw materials at the below given cost.
Could anyone tell me if the cost of raw material is reasonable as we are doing our 1st construction and not sure about the prices in market and the place to buy it.
If there are places where we can buy the below materials at a lower cost than stated below ,please suggest it.

Cement - Dalmia Vajram -310 PER BAG
Bricks -17500 per load (box brick)
Sand -23500 for 7 1/2 unit
Jelly - 12000 -4 units- (3/4 jelly )
Steel -ARS steel - 47 per kg(8mm)
47.50(12mm)

Contract :
Labour contract
price ->33000 per 100 sqft. ]]> Chennai jjprakash http://www.indianrealestateforum.com/chennai/t-cost-raw-materials-construction-tambaram-58133.html http://www.indianrealestateforum.com/bangalore/t-advice-gr-sagar-nivas-sarjapur-road-investment-58132.html Fri, 24 May 2013 12:28:40 GMT Dear Friends, Would highly appreciate if you can provide your feedback with my plan to invest in Gr sagar nivas. Appreciate your time. Thx Dear Friends,

Would highly appreciate if you can provide your feedback with my plan to invest in Gr sagar nivas.

Appreciate your time. Thx ]]> Bangalore pjaryan http://www.indianrealestateforum.com/bangalore/t-advice-gr-sagar-nivas-sarjapur-road-investment-58132.html http://www.indianrealestateforum.com/mumbai/t-rtm-need-help-58131.html Fri, 24 May 2013 11:49:50 GMT I NEED ready to move flat my max budget is 64 lakhs all inclusive=-- need 3bhk or 1bhk jodi anybody know kopar station --there is balaji near... I NEED ready to move flat my max budget is 64 lakhs all inclusive=--

need 3bhk or 1bhk jodi

anybody know kopar station --there is balaji near station agent quoting 66 all inclsive is it good ]]> Mumbai surya2089 http://www.indianrealestateforum.com/mumbai/t-rtm-need-help-58131.html http://www.indianrealestateforum.com/gurgaon/t-investment-options-new-gurgaon-58130.html Fri, 24 May 2013 11:48:20 GMT Looking for both investment and self use options in new gurgaon. Preferably something that would be ready to move in in 2014-2015. Fresh sales. ... Looking for both investment and self use options in new gurgaon.
Preferably something that would be ready to move in in 2014-2015. Fresh sales.
Have looked at options like
Raheja Sampada/Navodaya,
Indiabulls Centrum,
Mapsko Casabella/Royale and
Vatika Indepenedent floors.

Need advice from fellow group members if any of these are good options and if there are any other better ones available. Price range preferably 5000-7000 bsp, 2000sft in area. ]]> Gurgaon navvonavya http://www.indianrealestateforum.com/gurgaon/t-investment-options-new-gurgaon-58130.html http://www.indianrealestateforum.com/gurgaon/t-m2k-beau-monde-new-residential-project-m2k-builder-gurgaon-58127.html Fri, 24 May 2013 11:19:11 GMT "Beau Monde" a new and hot residential project including apartments and penthouses in sector 104 Gurgaon off Dwarka Expressway offered by M2K Builder Gurgaon ]]> Gurgaon hco123 http://www.indianrealestateforum.com/gurgaon/t-m2k-beau-monde-new-residential-project-m2k-builder-gurgaon-58127.html http://www.indianrealestateforum.com/bangalore/t-good-investment-options-bangalore-58124.html Fri, 24 May 2013 10:33:49 GMT Hi, I am from Mumbai and looking to invest in Bangalore (Areas Whitefield, Sarjapur, Electronic city, yellahanka). I am looking at reputed... Hi,

I am from Mumbai and looking to invest in Bangalore (Areas Whitefield, Sarjapur, Electronic city, yellahanka). I am looking at reputed builders like dlf, triaxis, brigade etc. Any feedback for brigades new project in Kanakapura? Kindly suggest which are the best places to invest (apart from the ones aforementioned) and the best builders i should look out for?

Any help would be highly appreciated..Thanxs

PS i want to invest in an 2/3/4 bhk with all amenities ]]> Bangalore nithya1311 http://www.indianrealestateforum.com/bangalore/t-good-investment-options-bangalore-58124.html http://www.indianrealestateforum.com/noida/t-elegant-ville-noida-extension-58123.html Fri, 24 May 2013 10:04:21 GMT Elegant Ville Noida Extension Elegant Ville Noida | Elegant Ville Noida Extension - Call 9582810000 (http://elegantvillenoidaextension.com/) ... Elegant Ville Noida Extension

Elegant Ville Noida | Elegant Ville Noida Extension - Call 9582810000

Elegant Ville Noida Extension offering 2 BHK and 3 BHk flats with super discount on EXCLUSIVE CORP Rate Best Location in Noida Extension .so call us 95282810000 to book your dream home in Elegant Ville Greater Noida. ]]> Noida future01 http://www.indianrealestateforum.com/noida/t-elegant-ville-noida-extension-58123.html http://www.indianrealestateforum.com/noida/t-gaursons-buys-300-acre-jaypee-rs-1-500-crore-greater-noida-58121.html Fri, 24 May 2013 09:53:27 GMT Source - ET NEW DELHI: Realty firm Gaursons today said it has bought 300 acre land on Yamuna Expressway in Greater Noida from Jaypee group... Source - ET

NEW DELHI: Realty firm Gaursons today said it has bought 300 acre land on Yamuna Expressway in Greater Noida from Jaypee group for over Rs 1,500 crore to develop an integrated township.

Ghaziabad-based company would launch the township by end of this year and plans to construct about 15,000 apartments in affordable segment.

"We have purchased 300 acre land from Jaypee Group on Yamuna Expressway for more than Rs 1,500 crore. The agreement between the two companies has already been signed," Gaursons India Managing Director Manoj Gaur told PTI.

Jaypee Group has about 4,000 acre land alongside Yamuna Expressway, which was built by them only.

Gaur said the company has already paid about 25 per cent of the total amount of the deal.

Asked about the source of the funding, he said it is through bank loans and internal accruals.

"We will launch the township in six months. the project will have about 15,000 flats, plots, school, hospitals and other infrastructure facilities," Gaur said, adding that the flats would be in the range of Rs 25-40 lakh.

The township would be in the vicinity of Jaypee group's F1 Track, Gaur said. He also noted that land is clear as Jaypee Group has taken it from the authority.

Gaursons has big presence in the Ghaziabad, Noida and Greater Noida region.

It is currently developing a 240-acre township 'Gaur City' in Noida Extension in partnership with another realty firm Saviour. About 25,000 housing units are being developed in this township at an investment of about Rs 5,000 crore.

Gaursons is also part of township 'Crossing Republik' in Ghaziabad, being constructed jointly by seven developers. ]]> Noida sbajaj http://www.indianrealestateforum.com/noida/t-gaursons-buys-300-acre-jaypee-rs-1-500-crore-greater-noida-58121.html http://www.indianrealestateforum.com/noida/t-airwil-business-park-noida-58120.html Fri, 24 May 2013 09:52:54 GMT Airwil Business Park Noida Airwil Business Park | Noida Business Park - Call 9582810000 | Airwil Business Park Noida... Airwil Business Park Noida

Airwil Business Park | Noida Business Park - Call 9582810000 | Airwil Business Park Noida

Airwil Group launched new project Airwil business park for official Space on super Discount with EXCLUSIVE CORP Rate Best Location in Noida call us 9582810000 .Airwil business park spread over 1600 ,200,2600 square feet in area with parking Space . So NOW book business park in Airwil business park Noida . ]]> Noida future01 http://www.indianrealestateforum.com/noida/t-airwil-business-park-noida-58120.html http://www.indianrealestateforum.com/gurgaon/t-need-advice-resale-58119.html Fri, 24 May 2013 09:44:03 GMT Hi I need some advice on selling my flat in Era, Gurgaon. I have my own flat and want to sell it. Can anyone give some tips for the same? ... Hi

I need some advice on selling my flat in Era, Gurgaon.

I have my own flat and want to sell it. Can anyone give some tips for the same?

Thanks
Atin ]]> Gurgaon atin2005 http://www.indianrealestateforum.com/gurgaon/t-need-advice-resale-58119.html http://www.indianrealestateforum.com/chennai/t-uthukadu-near-walajabad-58117.html Fri, 24 May 2013 09:02:45 GMT How good is Uthukadu near Walajabad? Known builder to me has proposed a layout in that area? Is it good to invest in that area?
How good is Uthukadu near Walajabad? Known builder to me has proposed a layout in that area?

Is it good to invest in that area? ]]> Chennai jaiganesh06 http://www.indianrealestateforum.com/chennai/t-uthukadu-near-walajabad-58117.html http://www.indianrealestateforum.com/gurgaon/t-should-i-take-home-loan-58116.html Fri, 24 May 2013 08:47:06 GMT HI, Greetings to all member of IREF. I am a new NRI (not having too much wealth) and started investing in Indian RE from October 2012. I have... HI,

Greetings to all member of IREF.

I am a new NRI (not having too much wealth) and started investing in Indian RE from October 2012.
I have booked apartments in two projects one in new Gurgaon and second in Noida-G noida Xway( to diversify the portfolio). Both were in Prelaunch stage which has been launched now.(15% gone for one and 10% for other till today)

My situation is I can pay for both the project by my cash flow and some short term loan from family and friends, if the demands will be distributed well.

My question is should I take home loan on these projects and increase my Portfolio in RE or equity or I should stick to these 2 projects only and pay them by myself without loan from bank.

My plan as of now is coming back to India around 2017-2018 and get a decent Job in Gurgaon OR Noida. So either one will be for End use and second will be investment or I can sale both and take a new one for end use. (I Know I am confuse here and mixing end use and investment ).

My aim is to better utilization of extra fund and get maximum gain and remain in a moderate risk profile.

I believe in diversification and long term investment and following the same principle for Equity and debt instruments.

Any sincere comment and suggestions are welcome for this question.

I am open to any strategy offer and like too see seniors point of view over this point.:D ]]> Gurgaon lalit229 http://www.indianrealestateforum.com/gurgaon/t-should-i-take-home-loan-58116.html http://www.indianrealestateforum.com/chennai/t-kelambakkam-flat-over-45l-worth-risk-58113.html Fri, 24 May 2013 08:25:21 GMT _Kelambakkam Distance:_ 30 Kms from Madya Kailash 35 Kms from Airport 43 kms to Porur 22 Kms from Urapakkam _To put in perspective: _ ... Kelambakkam Distance:

30 Kms from Madya Kailash
35 Kms from Airport
43 kms to Porur
22 Kms from Urapakkam

To put in perspective:

Porur to Anna Nagar is 10 Kms
Porur to T Nagar is 13 Kms
Porur to Airpor is 11 kms
Porur to Gemini is 13 kms
Porur to Madya Kailash 12 kms

Medavakkam to Madiya Kailash 13 kms
Medavakkam to Gemini 19 kms
Medvakkam to Airport 12 kms



Risk of low RoI or negative price growth:

Kelambakam has vast desolate tracks of barren land all the sides that could well be used for future township projects.

Even if we assume 30% of the land would be owned by Government and institutions (which I doubt) remaining 70% of the huge tracks of land will be used for dwelling.

Going by what our members say in other threads, Most of the future dwellings will be huge townships with over 500 units.

Already there are many township projects under construction.

As reported widely in the media, Kelambakkam is a budget location with plenty of choice at low Rs 3000 level. Majority of the projects are priced at low 3,000 psqft of even Low Rs 2000 also said to be available.

Is there high risk of oversupply of flats in Kellambakkam resulting in plenty of choice for consumer - Leading to fall in price and rent?

Risks on Return On Investment in Kelambakkam

1. Over supply of flats, competition with new bookings & resale.

2. Plenty of choice of buyers and renters leading to downwards pressure on both Capital appreciation and rent.

3. Potentially plenty of vacant units or unsold units in the future.


Location & Other Issues:

To add pain to the above devaluation risks, following negative elements may detract future residence:

1. Distance to work, and other facilities – This a huge factor as one has to travel tediously over 30 Kms to most city amenities are destination (Look at the above distance comparison table)

2. Lack of facilities such as shopping and entertainment – once again it will be a tedious tour to most of these locations.

3. Uncertainty not knowing what is going to come (in future years) in the vast tracks empty deserted land around. Could be an STP, TNSCB slum, garbage yard.

4. No special location advantage such as Sea View etc to attract high end buyers.

5. Not inside City Corporation limit therefore maintenance cost for Water (If ground water is available it could be depleted or salinated once heavily relied upon by 100s of flats)

6. Lack of Drainage connection – There could be regular maintenance cost to clear sludge.

7. High transport cost for employed and family members to travel to events and schools, Petrol for second car, Auto & School van charges.



In my opinion:

The above issues coupled with over supply and heaps and heaps of choice of flats and township mean the flat price in Kellambakkam would be under downward pressure in years and years to come.

I feel in the long run return (Including rent and capital growth) will not keep up with inflation. Even in the sort term resale would be extremely difficult .


The above issue raises questions.

1. Will there be oversupply, Competition and plenty of choices that will push the price and rent down?

2. Is it prudent to invest over Rs 3000 Psqft price?

3. Is investing in a flat at that far deserted location is prudent in the first place?

4. Will there be any decent rental income?

5. Will there be high cost of maintenance as not with Corporation limit and located at far distance from city.


Are there better, low risk locations for spending 45 Lakhs?


Please keep your response to FLATS only. ]]> Chennai Economist http://www.indianrealestateforum.com/chennai/t-kelambakkam-flat-over-45l-worth-risk-58113.html http://www.indianrealestateforum.com/faridabad/t-looking-2-bhk-flat-under-30-lacs-58108.html Fri, 24 May 2013 08:00:11 GMT Hi Everyone, I am looking for a 2 BHK flat in Greater Faridabad. I have to buy it for investment purpose. Lately I am confused about the following... Hi Everyone,

I am looking for a 2 BHK flat in Greater Faridabad. I have to buy it for investment purpose. Lately I am confused about the following projects:

1. KLJ Platinum Plus (Getting for 30 - 31 lacs)
2. Ansal Royal Heritage (Getting for 33 -34 lacs)


I will appreciate anykind of help from the members in selecting which project is better in GF for investment purpose of 2 -3 years.
Will look for other options as well besides KLJ and Ansal

cheers.:D ]]> Faridabad Anish Donald http://www.indianrealestateforum.com/faridabad/t-looking-2-bhk-flat-under-30-lacs-58108.html http://www.indianrealestateforum.com/home-improvements/t-modification-advice-58107.html Fri, 24 May 2013 07:58:02 GMT I have purchased a flat in first floor which is already completed up to plastering work. Plumbing work is in progress. Now I am thinking to buy a... I have purchased a flat in first floor which is already completed up to plastering work. Plumbing work is in progress. Now I am thinking to buy a ground floor house of that project and make like a duplex house for my purpose. Builder has agreed and he told me that part of the concrete of that first floor house should be removed to make a internal staircase.
Is is advisable to do it? Wheather will it damage the structural integrity of the building?

Please advice me and tips for doing the same in professional manner. ]]> Home Improvements sivakumark http://www.indianrealestateforum.com/home-improvements/t-modification-advice-58107.html