George Gonigal
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Article
Organised Retail In Gurgaon
Organized retailing has become a key driver for real estate development in Gurgaon. The growth in organized retailing has not only driven the construction of malls but such construction has also acted as a catalyst for other real estate development in that area. Where there is such a development, the surrounding areas witness an increase in the property prices. A classic example is the MG Road where the mushrooming of a large number of retail malls has led to the ballooning o
December 27, 2007
Article
An Insight On Emerging Property Markets Of Lucknow
Owing to the unprecedented demand for newly-constructed residential properties, property values in Lucknow suburban areas have shot up by 20-30 per cent in the past one year. In fact, the appreciation is as high as 50 per cent in the past couple of years at Gomti Nagar, Mahanagar, and Janakipuram. nnPositive trends have tempted real estate developers like Parsvnath, Omaxe, Eldeco and Uppal Group to ambitiously launch their real estate projects in the city. According to source
December 13, 2007
Article
Long Way To Go For Chennai Real Estate Markets
From shortage of housing options to a flourishing residential real estate, and from being a core automobile centre to becoming a preferred place for IT/ITES and MNCs, Chennai real estate has come a long way. nnGrowth Drivers nnThe demand for real estate in Chennai is largely driven by the growth of IT and BPO industry. It has not only escalated the capital value of commercial real estate, but also stimulated the demand of residential real estate. nnChennai along with Bangalor
December 12, 2007
Article
Bangalore Properties Flourish Around ORR
Bangalore real estate is seeing shifts and turns with the property values booming in outer ring road and peripheral area.nnThe current real estate market arrays an increase in property value on peripheral and outer ring road area while the values are stable at Central Business District (CBD) region.nnThe reason quoted by most of the property consultant in Bangalore is that the CBD region is on the verge of saturation and there is demand for more space from the people and from
December 10, 2007
Article
Lucknow Welcomes Modern Real Estate With Open Arms
Famous for its Nawabi culture and traditional values, the city of Lucknow is gradually wearing a look of modern city with its swank commercial properties, sprawling shopping malls, and modern residential real estate. nnNot just the city’s prime commercial and residential locations, the suburban locations of Lucknow, especially Indira Nagar and Gomti Nagar are undergoing intense construction activities. nnIndia’s leading real estate developers like Parsvnath, Eldec
November 28, 2007
Article
Gomti Nagar Leads Way In Lucknow's Real Estate Market
Sub-urban areas are fast becoming centers of real-estate developments in Lucknow. According to sources, Gomti Nagar is coming up as one of the most preferred commercial destinations in the city. nnBesides Gomti Nagar exemplifies how a residential real estate settlement can diversify into an IT hub. Notably, the locality was established primarily as a residential property . Today it is widely regarded as the IT and ITES hub of the city. nnResidential NucleusnnGomti Nagar lies
November 23, 2007
Article
Investors Lock Residential Properties In Gurgaon, not Entertaining Prevailing Capital Values
The capital values of residential properties in most of the areas of Gurgaon have been reaching the point of saturation some way or the other. The investors who had purchased properties in consideration of exorbitant returns are now looking at corners. nnAccording to the studies of MagicBricks, the capital values for 60 sq. yard residential plots in Gurgaon have risen from Rs 22 lakh to Rs 28 lakh in the past couple of years, and given these bullish trends in the markets, a l
November 20, 2007
Article
Investment Opportunities In Chennai Property Markets
Good news for Chennai residents. And property investors and real estate developers too! The city’s infrastructure and connectivity would be enhanced with its airport wearing an international look by year 2010.nnChennai would be able to receive a far greater number of national and international passengers everyday as the capacity of the terminal building will be enhanced. In fact, a whole new terminal building will be constructed at the airport that would be able to hand
November 19, 2007
Article
SEZ Boom In Gurgaon
Gurgaon is all set to become a separate SEZ (Special Economic Zones) country within India with the approval of 52 SEZs, the highest in any district in the country. As per estimates, nearly 34 per cent of Gurgaon's agricultural land will be covered by these SEZs, and the commercial properties in Gurgaon will be dominated by SEZ properties now and then.nnNevertheless, Gurgaon Real Estate has tremendous potential in the SEZ segment and a slew of business conglomerates have unlea
October 29, 2007
Article
The Emerging Real Estate Destination of Faridabad
Chasing the real estate development in its counterpart cities of Gurgaon and Noida, Faridabad has emerged up as one of the most sought after destinations for property investment in the National Capital Region (NCR), in the past couple of years. n nOf course, real estate investment in Faridabad offers a substantial room for growth unlike most parts of Delhi, Gurgaon and Noida that have already reached their peak levels, and perhaps that's why investors now prefer to park their
October 15, 2007
Article
Metro Rail - A Mixed Bag For Noida Real Estate
Having witnessed the positive impact of metro rail connectivity on the real estate markets of Delhi, it has been a general perception that extension of the facility to any of the sites pushes prices of residential property to north. However, the NCR (National Capital Region) location of Noida narrates a different story.nnThe property prices in certain parts of Noida?planned to have metro link?have rather declined. Interestingly though the capital prices of residential real es
October 11, 2007
Article
Chennai 'The Next Big thing' in Real Estate
Chennai, the capital of Tamil Nadu is the fourth largest metropolitan city of India and enjoys the status of being one of the most viable cities for real estate development. In recent times Chennai real estate has gained more prominence due to the booming IT/ITES sectors. There has been a sudden increase in the demand of Chennai commercial and Chennai residential properties. The myriad features that make this city all the more a lucrative option to be in are the urbanized inf
October 3, 2007
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