diwali is over guys. so where is the expected price rise in property?
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  • Everywhere
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  • What difference had Diwali made to the Economics of the country?
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  • no increase expected...where are the buyers
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  • Next Diwali now
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  • Originally Posted by zimzee
    diwali is over guys. so where is the expected price rise in property?


    Chote Lallan, take a look at the property classified websites. Call up few brokers and you will realize prices have increased 200 to 500 in resale. To give your heart dilaassa ki property got cheap is a funny concept :bab (59):
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  • Diwali verve fails to light up realty market

    NEW DELHI: Diwali may be the most auspicious time to invest in property, but Delhiites are playing it safe this year. Economic slowdown coupled with the rise in property prices has affected realty investments big time. Experts and property dealers say that the sales have come down by almost 25% as compared to last year. The majority among those who are still investing in property are buying 'budget houses' that cost in the range of Rs 40 lakh to Rs 1 crore.

    "There is no big excitement for Diwali this year. The Delhi market, in particular, is very slow. The reasons could be because the property prices went up and the market rates are also higher now. There is also a general sentiment of economic slowdown among people. But things are still moving for projects that have competitive prices. NCR is more affected than say Bangalore or outer Mumbai where sales are still happening. Certainly, most of the demand is for 'affordable housing,'" says Anshuman Magazine, chairman and MD, CB Richard Ellis.

    The real estate dealers in the city are of a similar opinion. Sanjay Sirohi of Sirohi Estates says that there is a slump of about 25% in sales compared to last year. "The appreciation in property prices and inflation in general is making people very conservative about investing in property," said Sirohi.

    Some people are investing in plots on the outskirts instead of houses. "People don't want to block their money by buying property considering there is so much economic uncertainty," says Mahesh Gupta of Mukul Consultants and Estate Agencies.

    According to a recent report by real estate consultancy firm, PropEquity, apartment sales in NCR dropped by 42% in January-August 2012, compared to the same period last year. The average price has risen 14% to Rs 3,797 per sq ft so far this year. "During Diwali the sales have picked up marginally. Having said that, the sales continue to be very low. There are multiple reasons for this, one being appreciation of property prices in NCR and Mumbai," added Samir Jasuja, founder and CEO of Prop Equity.

    Diwali verve fails to light up realty market - Times Of India


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  • Samvat Trading (considered as Shagun for buying) hasnt given returns on the day for the last 3-4 years. Increasingly I feel these occasions have very very limited effect to boost sentiment for any asset class.

    We need a more solid trigger than Diwali - one feels (no disrespect to anyone)
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  • Bottom line is: Good projects like Gulshan Ikebana appreciate on Diwali or no Diwali. Bad projects with bad location and bad careless builders don't appreciate even if they give free car at the booking. But still, check sites like 99 acres and other and you will notice prices did increase.
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  • We all know Gulshan Ikebana is a good project, there is no need to mention in each and every post. 99.99% of your posts talk about Gushan Ikebana only as if this is the only good project in Noida . That is not the end of world start looking beyond that also.

    Originally Posted by vlord0007
    Bottom line is: Good projects like Gulshan Ikebana appreciate on Diwali or no Diwali. Bad projects with bad location and bad careless builders don't appreciate even if they give free car at the booking. But still, check sites like 99 acres and other and you will notice prices did increase.
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  • Originally Posted by Sanjaykhanna
    We all know Gulshan Ikebana is a good project, there is no need to mention in each and every post. 99.99% of your posts talk about Gushan Ikebana only as if this is the only good project in Noida . That is not the end of world start looking beyond that also.


    Gulshan Ikebana, is still the cheapest best quality project in Noida. Not everyone can afford ATS or other top quality builder projects.
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  • What is Ikebana?

    Ikebana is the art of arranging flowers. In Japanese "ike" means to arrange and "bana" ori-gens from the word "hana" meaning flower.

    In Ikebana the flowers and branches are arranged so that they appear in a beautiful, simpel, and natural way.

    Apart from fresh flowers and branches, wood, metal, plastic and many other things can be used.

    The shape and colour of the vase is also of great importance to the final arrangement.

    Ikebana came to Japan with Buddhism from India via China, around year 6oo a.d. Like in many other religions, the alters in the Japanese temples were also decorated with flowers and fruits. These offerings were the origin of Ikebana.

    Many people might feel that Ikebana does not fit into a Western-style home. But on the other hand an Ikebana arrangement matches very well with a light-coloured wall, or a brick wall or any other kind of home.

    Ikebana is not only about two branches and three flowers in a ball. The interaction between the vase and the branches and the flowers are together creating the final harmony.
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  • Originally Posted by Sanjaykhanna
    We all know Gulshan Ikebana is a good project, there is no need to mention in each and every post. 99.99% of your posts talk about Gushan Ikebana only as if this is the only good project in Noida . That is not the end of world start looking beyond that also.


    Just a correction Sanjay Bhai. Not 99.99% but 100% of vlord's posts are singing praises for Gulshan.

    We all very well know that he is a broker working for Gulshan who is hiking Gulshan's price twice a day(every morning when he wakes up and every evening when he goes to bed).
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  • Originally Posted by shaitaan
    What is Ikebana?


    It means "ek banana". :bab (59):
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  • Property Pulse - MagicBrick

    May be paid articles....

    http://property..com/mailer/propertypulse_mailer/delhi/

    http://content..com/delhi-circle-rates-set-for-steep-hike-after-diwali/?utm_source=propertypulse_mailer

    Delhi/NCR
    The Delhi government is set to propose a steep hike in circle rates of top-category properties. The rates in Category A colonies would go up by 200%, category B by 50% and the rest by 25%. The exercise is largely seen as an attempt to boost revenues. Circle rate, fixed by the government, is the price below which a property cannot be sold.
    If the proposal is approved, rates in upscale colonies of ‘A’ category will go up by 200%. In ‘B’ category colonies, the hike will be a relatively modest 50%, while the next six categories – ‘C’ to ‘H’ – will see a uniform 25% increase. This will effectively spare people in middle class neighbourhoods and urban villages alike.
    With assembly polls scheduled for later next year, the government seems to be playing safe. Realty watchers say the proposed rates will neither check black market transactions in ‘A’ and ‘B’ category colonies nor burden middle and lower-middle classes. For instance, the circle rate in ‘A’ category colonies is Rs 86,000 per sq metre. A 200% increase will raise it to Rs 2.58 lakh per sqm.
    While the hike appears steep, it is way short of the prevailing rates in colonies like Jor Bagh, Vasant Vihar and Friends Colony. In these ‘A’ category colonies, the market rates are at least three to four times higher than the proposed rates. For instance, in Vasant Vihar, the market rate is around Rs 10 lakh per sqm. In Jor Bagh, the rate is around Rs 12 lakh per sqm.
    For ‘B’ category colonies like Greater Kailash, Defence Colony and New Friends Colony, a 50% hike has been proposed, but experts say the increase is not significant as the existing circle rate is only Rs 68,000. The proposed revision will only mean an increase of Rs 34,000 per sqm. The market rates in colonies like Greater Kailash are in the range of Rs 5 lakh to Rs 6 lakh per sqm.
    It’s the same story in ‘C’ category colonies like Kalkaji and East of Kailash where the existing circle rate is Rs 54,600 per sq metre. Even after the proposed hike of 25%, the circle rate will not match the market rate which is roughly Rs 4 lakh per sqm. The rate of increase for ‘D’ to ‘H’ categories is also proposed to be a uniform 25%. The prevailing rate in ‘D’ category is Rs 43,600 per sqm, Rs 36,800 per sqm in ‘E’ category, Rs 32,200 per sqm in ‘F’ category, Rs 27,400 per sqm in ‘G’ category and Rs 13,800 per sqm in ‘H’ category.
    The idea to increase circle rates to beat the tax crunch came up after a meeting to assess the UT’s finances last month. At the meeting, chaired by chief secretary P K Tripathi, it was revealed that various departments were falling short of their targets due to the slowdown, and the revenue department needed to improve its performance.
    Source: The Times of India, Delhi/NCR

    Delhi/NCR
    The Delhi government is set to propose a steep hike in circle rates of top-category properties. The rates in Category A colonies would go up by 200%, category B by 50% and the rest by 25%. The exercise is largely seen as an attempt to boost revenues. Circle rate, fixed by the government, is the price below which a property cannot be sold.
    If the proposal is approved, rates in upscale colonies of ‘A’ category will go up by 200%. In ‘B’ category colonies, the hike will be a relatively modest 50%, while the next six categories – ‘C’ to ‘H’ – will see a uniform 25% increase. This will effectively spare people in middle class neighbourhoods and urban villages alike.
    With assembly polls scheduled for later next year, the government seems to be playing safe. Realty watchers say the proposed rates will neither check black market transactions in ‘A’ and ‘B’ category colonies nor burden middle and lower-middle classes. For instance, the circle rate in ‘A’ category colonies is Rs 86,000 per sq metre. A 200% increase will raise it to Rs 2.58 lakh per sqm.
    While the hike appears steep, it is way short of the prevailing rates in colonies like Jor Bagh, Vasant Vihar and Friends Colony. In these ‘A’ category colonies, the market rates are at least three to four times higher than the proposed rates. For instance, in Vasant Vihar, the market rate is around Rs 10 lakh per sqm. In Jor Bagh, the rate is around Rs 12 lakh per sqm.
    For ‘B’ category colonies like Greater Kailash, Defence Colony and New Friends Colony, a 50% hike has been proposed, but experts say the increase is not significant as the existing circle rate is only Rs 68,000. The proposed revision will only mean an increase of Rs 34,000 per sqm. The market rates in colonies like Greater Kailash are in the range of Rs 5 lakh to Rs 6 lakh per sqm.
    It’s the same story in ‘C’ category colonies like Kalkaji and East of Kailash where the existing circle rate is Rs 54,600 per sq metre. Even after the proposed hike of 25%, the circle rate will not match the market rate which is roughly Rs 4 lakh per sqm. The rate of increase for ‘D’ to ‘H’ categories is also proposed to be a uniform 25%. The prevailing rate in ‘D’ category is Rs 43,600 per sqm, Rs 36,800 per sqm in ‘E’ category, Rs 32,200 per sqm in ‘F’ category, Rs 27,400 per sqm in ‘G’ category and Rs 13,800 per sqm in ‘H’ category.
    The idea to increase circle rates to beat the tax crunch came up after a meeting to assess the UT’s finances last month. At the meeting, chaired by chief secretary P K Tripathi, it was revealed that various departments were falling short of their targets due to the slowdown, and the revenue department needed to improve its performance.
    Source: The Times of India, Delhi/NCR
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  • Originally Posted by vlord0007
    Bottom line is: Good projects like Gulshan Ikebana appreciate on Diwali or no Diwali. Bad projects with bad location and bad careless builders don't appreciate even if they give free car at the booking. But still, check sites like 99 acres and other and you will notice prices did increase.


    Have u ever seen the density of this project ...this is ridiculous is the only word I have
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