Spaze Group Launches new Commercial Park Spaze Palazo In Gurgaon

2009 November 18
by zameenkuldeep

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Spaze Palazo is ideally located on the 150 m peripheral road in Sector 69, Gurgaon. with a multi pronged approach, Spaze Palazo is accessible through the proposed metro rail corridor and from NH8 through a triple access on the proposed six lane Sohna Road highway and the new semi-circular peripheral link road emanating from the golf course and culminating at NH8.

Project Name

Spaze Palazo

Name of Builder

Spaze Group

Project Type

Commercial Park

Basic Price

As below

Location

Sector 69, Gurgaon

Agent

SHRI ADITYA ESTATES

Ground and first floors meant for retail and entertainment

Respective floor Plates of approx. 65,000 sq.ft and 55,000 Sq.ft (Super Area) each

Second to twelfth floor meant for offices with floor plates of approx. 18,000 Sq.ft to 20,000 Sq.ft (Super Area) each

Anti-skid Exclusive access to the office floors Tiles

Built in Compliance with Zone-V seismic considerations

World-class landscaping by international consultants

Central Atrium in the retail area

Designated pick up and drop off points

Centrally air conditioned

multi-level basement parking

Kitchen in Marble/Granite

24-hour-CCTV security surveillance

100% Power back-up

Self-integrated commercial park

For more info log on to http://www.propertycafeteria.com/spaze-palazo-gurgaon.aspx

Ramprastha group Launches A new project The View in Gurgaon

2009 November 18
by zameenkuldeep

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Ramprastha Launches “The View” to add luxury to your necessities and to give a touch of “Home Sweet Home”.The View provides luxurious 3 BHK Luxury Affordable Homes at The Ramprastha City Sector 37-D Gurgaon 0 KM from Metro Station on Dwarka Expressway!.Ramprastha Group is a renowned real estate company, operating in and around Delhi & Ghaziabad foralmost four decades now.

The company has planned and developed several prestigious projects including townships, plotted housing colonies and a large number of group housing dwelling units

Project Name

Ramprastha The Edge Towers

Name of Builder

Ramprastha Group

Project Type

Residential Apartments

Basic Price

As below

Location

Sector 37D, Gurgaon

Agent

SHRI ADITYA ESTATES

47082736, 9810445860

For more info log on to http://www.propertycafeteria.com/ramprastha-city-gurgaon.aspx

Ramprastha group Launches A new project The View in Gurgaon

2009 November 17
by zameenkuldeep

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Ramprastha Launches “The View” to add luxury to your necessities and to give a touch of “Home Sweet Home”.The View provides luxurious 3 BHK Luxury Affordable Homes at The Ramprastha City Sector 37-D Gurgaon 0 KM from Metro Station on Dwarka Expressway!.Ramprastha Group is a renowned real estate company, operating in and around Delhi & Ghaziabad foralmost four decades now.

The company has planned and developed several prestigious projects including townships, plotted housing colonies and a large number of group housing dwelling units

Project Name

Ramprastha The Edge Towers

Name of Builder

Ramprastha Group

Project Type

Residential Apartments

Basic Price

As below

Location

Sector 37D, Gurgaon

Agent

SHRI ADITYA ESTATES

47082736, 9810445860

For more info log on to http://www.propertycafeteria.com/ramprastha-city-gurgaon.aspx

Spaze Group Launches new Commercial Park Spaze Palazo In Gurgaon

2009 November 17
by zameenkuldeep

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Spaze Palazo is ideally located on the 150 m peripheral road in Sector 69, Gurgaon. with a multi pronged approach, Spaze Palazo is accessible through the proposed metro rail corridor and from NH8 through a triple access on the proposed six lane Sohna Road highway and the new semi-circular peripheral link road emanating from the golf course and culminating at NH8.

Project Name

Spaze Palazo

Name of Builder

Spaze Group

Project Type

Commercial Park

Basic Price

As below

Location

Sector 69, Gurgaon

Agent

SHRI ADITYA ESTATES

Ground and first floors meant for retail and entertainment

Respective floor Plates of approx. 65,000 sq.ft and 55,000 Sq.ft (Super Area) each

Second to twelfth floor meant for offices with floor plates of approx. 18,000 Sq.ft to 20,000 Sq.ft (Super Area) each

Anti-skid Exclusive access to the office floors Tiles

Built in Compliance with Zone-V seismic considerations

World-class landscaping by international consultants

Central Atrium in the retail area

Designated pick up and drop off points

Centrally air conditioned

multi-level basement parking

Kitchen in Marble/Granite

24-hour-CCTV security surveillance

100% Power back-up

Self-integrated commercial park

For more info log on to http://www.propertycafeteria.com/spaze-palazo-gurgaon.aspx

GUARANTOR SECURES LOAN

2009 November 9
by zameenkuldeep

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Sometimes a guarantor is required for a home loan. Many banks insist on one or two personal guarantors. The guarantors are required to meet the norms specified by the bank, which is usually similar to the norms for an applicant. Usually, only individuals can act as guarantors.

The guarantor basically provides a sort of security on behalf of the borrower to the bank, that in case the borrower fails to repay the loan amount or other dues to the bank the guarantor will make good that shortfall. The guarantor has to enter into a Deed of Guarantee where the guarantor agrees to make the payment in the event of the applicant failing to pay the dues by the due dates. A guarantor should satisfy all the norms relating to age and income of a borrower. The guarantor is equally liable to pay the loan in case of default in repayment. Through a guarantor, the bank puts some sort of a moral obligation on the borrower to repay the loan. Relatives may act as guarantors in case the policy of the bank permits it.

The need for a guarantor arises because of the inherent loopholes in the system. The foreclosure laws — laws pertaining to recovery of a loan by disposing off the property in case of default — are not very strong. As such, it is difficult to repossess the property of an applicant in case of default. In order to safeguard its interests and to ensure that the repayment of the loan comes on time, a bank insists on a guarantor. Usually a guarantor may be insisted on for loans above a specific amount, but conservative banks insist on a guarantor irrespective of the loan amount involved. Some require a guarantor in all cases while others insist on a guarantor only if certain criteria are not met by the borrower.

Conditions when a guarantor is required:

· In the case of a sole applicant

· If the applicant is residing in a city different from the city where he intends to purchase the property.

· If the income of the borrower is variable in nature Lack of professional qualifications in a self-employed’s case

· If the applicant’s job is of a transferable nature

· If the borrower works in an industry where the likelihood of his going abroad for long is high

· Absence of a co-applicant to the loan

In future, the guarantor can apply for a loan if he is capable of repaying both the instalments — on the guaranteed loan and his new loan. If his repayment capacity does not make him eligible for another loan, and he wants one for himself, the borrower may have to arrange for a replacement guarantee. This has to be done by releasing the current guarantor and providing the bank with another guarantor who meets all specified norms for a guarantor.

Courtesy:- Times Property dt:- 07-11-09

Prestige Group Launches 3 - 4 BHK Apartments in Banashankari, Ring Road Bangalore

2009 November 6
by zameenkuldeep

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The Prestige Group presents their newest real estate development “Prestige South Ridge”. Sprawled over 9 acres of sloping greens just off the Ring Road at Banashankari, It is situated on a natural elevation, so that one can experience the panoramic view of the Bangalore city beneath. The project comprises of 5 residential towers of Basement + Ground + Stilt+ 15 - 16 and offers 3 and 4 BHK apartments.

Planned with bright, roomy, well-ventilated apartments, the neatly landscaped gardens dotted with shimmering water bodies and cobbled paths are all an integral part of South Ridge. Additionally the development will also have a clubhouse block having many state-of-the-art facilities like the well-equipped gymnasium to stay fit, swimming pool, children’s play area, party hall, health club, space provision for a supermarket etc ensuring every necessity of life in close proximity.

SS GROUP LAUNCHES NEW RESIDENTIAL VILLAS IN GURGAON

2009 November 6
by zameenkuldeep

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Live beyond your dreams. Take extra good care of yourself so that you can be the best in everything you do, and no wonder! Aaron Ville, from the SS Group, is one of the luxurious hubs where everything comes with the best. Best environs. Best lifestyle. Best ambience, and of course, best location. Its creator, the SS Group, has structured many edifices that have been solidified with their strong values and hardcore commitments. With their core value “Committed to Serve Better,” the Group has artfully structured 20 residential projects, commercial complexes and IT Parks, and many landscapes are still waiting for this real estate icon to transform them in to beautiful landmarks.

Aaron Ville is the domain where you rule life with the power called luxury. Bejeweled with ultramodern outlook and magnificence, it proliferates in an area of approx. 15 acres that offers much breathing space to life. Undoubtedly, Aaron Ville is the other name for luxury, magnificence and splendor.

Prestige Group Launches 3 - 4 BHK Apartments in Banashankari, Ring Road Bangalore

2009 November 5
by zameenkuldeep

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The Prestige Group presents their newest real estate development “Prestige South Ridge”. Sprawled over 9 acres of sloping greens just off the Ring Road at Banashankari, It is situated on a natural elevation, so that one can experience the panoramic view of the Bangalore city beneath. The project comprises of 5 residential towers of Basement + Ground + Stilt+ 15 - 16 and offers 3 and 4 BHK apartments.

Planned with bright, roomy, well-ventilated apartments, the neatly landscaped gardens dotted with shimmering water bodies and cobbled paths are all an integral part of South Ridge. Additionally the development will also have a clubhouse block having many state-of-the-art facilities like the well-equipped gymnasium to stay fit, swimming pool, children’s play area, party hall, health club, space provision for a supermarket etc ensuring every necessity of life in close proximity.

SS GROUP LAUNCHES NEW RESIDENTIAL VILLAS IN GURGAON

2009 November 5
by zameenkuldeep

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Live beyond your dreams. Take extra good care of yourself so that you can be the best in everything you do, and no wonder! Aaron Ville, from the SS Group, is one of the luxurious hubs where everything comes with the best. Best environs. Best lifestyle. Best ambience, and of course, best location. Its creator, the SS Group, has structured many edifices that have been solidified with their strong values and hardcore commitments. With their core value “Committed to Serve Better,” the Group has artfully structured 20 residential projects, commercial complexes and IT Parks, and many landscapes are still waiting for this real estate icon to transform them in to beautiful landmarks.

Aaron Ville is the domain where you rule life with the power called luxury. Bejeweled with ultramodern outlook and magnificence, it proliferates in an area of approx. 15 acres that offers much breathing space to life. Undoubtedly, Aaron Ville is the other name for luxury, magnificence and splendor.

STEAL A GOOD DEAL

2009 November 3
by zameenkuldeep

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If you are looking at buying property, the time is perfect to invest, for you can get a good deal at reduced rates, say experts

Jaago, yeh hi right time, scream property exhibition advertisements in newspapers. So what if residential real estate prices are going up, a majority of the middle class that aspires to own a home is still taking the plunge. The reason being that homes are still affordable, and also thanks due to availability of funds and rising trust in the borrower. SBI, Deutsche Post Bank, ING Vysya Bank and P&SB are funding up to 80-85% of property value.

It is perhaps the best time to look around for a value purchase in real estate. With lower price points in locations that were not earlier within the affordable range, buyers are scouting for good ‘value’ bargains at this time. And with developers going big on affordable home launches, the timing may just be one of the best for buyers seeking a steal deal.

The scene has improved with the Reserve Bank of India cutting lending rates to record lows and pumping in unprecedented amount of money into the system.

According to Anoop Pabby, joint managing director of Deutsche Post Bank (home finance), “The economy has improved and the liquidity situation is much better and interest rates have eased off considerably. It is only natural then that home buyers expect the reduced risks to result in reduction in interest rates and relaxation of margin money norms.”

The housing finance company is now funding up to 80% of the property value to most salaried people, and 85% in a few cases, depending on the creditworthiness of the borrower. This is more than the 70% it used to lend a few months back.

According to Anshuman Magazine, CMD of global real estate consultancy CB Richards Ellis (CBRE), value buying is happening mostly in suburban locations, as that is where the current supply is. “Certain pockets in Gurgaon and Noida, where the price used to be Rs 65 lakh to Rs 1.5 crore earlier, have deals to offer anywhere between Rs 35 lakh to Rs 50 lakh today! Developers have reduced the total ticket sizes, adjusted area, and price and given amenities. This has got people back and is making them lust for value deals right now.”

According to Navin M Raheja, chairman and managing director of Raheja Developers, “Locations such as Gurgaon, Faridabad, Noida in Delhi NCR are some of the good locations for value buying. Anything that is available between Rs 2,500 to Rs 3,000 per sq ft is the right price depending, of course, upon the location and infrastructural facilities available in the vicinity with specifications offered.

“There are three kinds of value buying that are taking place in the real estate market right now. Ready to move in residential property in and around metros and their suburbs, ready to move in commercial property which is already leased, or generating income and low income and middle income housing ranging from Rs 15 lakh to Rs 40 lakh are the primary types of value purchases,” Raheja adds.

On the other hand, lenders such as ING Vysya Bank, and Punjab & Sind Bank have reduced the margin money requirement to 15-20% from 25-30% towards the cost of the home on their home loans, as they try to tap potential homebuyers. This leads to a borrower investing lesser capital than before. G S Vedi, the newly appointed chairman and managing director of Punjab and Sind Bank, said, “Interest rates are likely to harden over the next six months with the credit offtake improving and inflation moving into the positive territory.”

Courtesy:- ET dt:- 30-10-2009