Residential properties in Pallavaram ensure lucrative capital value appreciation

Pallavaram town is a second-grade municipality located in the outskirts of Chennai. It forms a part of the Alandur Taluk of Kanchipuram district and is located at a distance of about 17 kilometres from Chennai city. Pallavaram is famous for its bustling residential colonies and cantonment. The residents of this area use Pallavaram railway station for their daily travel needs.

Realty investment destination

People in Chennai dream of owning a property that is affordable and offer better appreciations for the buyers and investors. Vast availability of qualified professionals in the IT sector, and a judicial mixture of diverse cultures have made Chennai as among the ideal cities in the globe suitable for investments in the real estate sector.
Pallavaram
Pallavaram is one of the prominent localities in GST Road with lot of amenities at the doorstep. Pallavaram-Thoraipakkam stretch constitutes one of the leading roads which connects to OMR directly and is effectively utilized by the IT employees. IT professionals and a large number of NRI buyers are more interested in purchasing independent house for sale in Pallavaram considering the modern amenities provided along with the property

Better connectivity
The region is situated in the vicinity of Meenambakkam Airport and provides better connectivity to rest of the city. Majority of the prospective home buyers are keenly searching for properties in Chennai, such as Pallavaram house for sale.
GST Road popularly known as National Highway 45 (NH-45) is considered as one of the busy highways in South India. It is an important road, connecting the centre of the city to various suburban localities in the south and the International Airport located at Meenambakkam.

individual-villas-pallavaram

Pallavaram has invariably attracted the attention of the real estate promoters, partially due to its excellent social infrastructural facilities. The area accommodates a number of reputed schools, colleges, hospitals and well-laid out roads. The infrastructure facilities available in this area are also quite outstanding, with a number of bus stops, railway stations, and shopping centres located in the area.

Localities like Guindy, Guduvanchery, Chrompet, Pallavaram, Tambaram and Meenambakkam situated along the GST Road enjoy the sturdy commercial infrastructure, with entertainment zones, restaurants, fitness centres, and shops which meet the requirements of the dwellers in Pallavaram.

 

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Villas in Whitefield – Your ideal choice of residential property

Bangalore is popularly known as the Silicon Valley of India, for its global IT companies and immense employment opportunities in some of the big companies. The city and its suburbs are also well known for luxurious apartments of global standards. People are now more interested in buying residential properties in Bangalore because of congenial weather and fashionable lifestyle.

The city is witnessing some drastic changes in terms of new residential projects and the builders are trying to offer the best possible housing solution. There are several housing projects which are coming to make a big impact; some of the prestigious projects are Purvankara, Golden Gate, and Shriram properties.

The prevailing market rate for villas for sale in Whitefield varies from 4500 to 8500 INR per sq. ft. depending on the amenities offered by the builders.

Villas for sale in Whitefield

Salient features of the residential projects in this area are listed below:

  • Water treatment plant
  • Sufficient space for car parking in the upper as well as the lower basements including car parking facilities for the visitors
  • Lobbies that are well decorated with the Italian marble finishing
  • Fun and play area for children
  • Gymnasium and fitness center
  • Steam and Sauna
  • Jacuzzi
  • Swimming pool
  • Entertainment center with billiards, table tennis, cards, carom and chess
  • Supermarket

The builders also undertake all the works related to Interior decoration. Buyers can utilize the expertise of the builders in the execution of the following works:

  • Kitchen
  • Wardrobes
  • Crockery Units/Media units
  • Painting
  • Wall Cladding
  • False Ceiling/POP Works
  • Wooden/Laminated Flooring
  • Blinds/Curtains/Soft Furnishings
  • Electrical (Home appliances)& Decorative Electrical Fixture works
  • Toilet Accessories

You should be able to decide and then choose the kind of property you are looking for, whether it’s an apartment or independent villa, you can finalize your choice based on the location. If you have financial restraints, you can manage to buy property according to your budget. But it is obvious that if you want to stay in the central part of the city, property rates will be higher as compared to the prices of property in the suburban areas like Whitefield. Consider villas in Whitefield to own a property.

Best in class homes at Poonamallee!

At present, Poonamallee is crowned to be the most hotspot area in Chennai as of real estate. This due to the immense expansion of roads and infrastructure in the place. The price of property has been increasing constantly due to the guideline values and the ongoing 4-lane state highway. Besides, another positive growth in Chennai is the business opportunities catered by the city as it has endless manufacturing units and is renowned as the hub of south India.

The added advantage of Poonamallee is its locality as it nestled in the end of the Mount- Poonamallee high road, as there are seamless transit options owing to the NH-4 and the state highways. Those working around Irunagattukottai, Sriperumbudur and Kattupakkam find these Luxury apartments in Poonamallee for sale cost-effective and perfect for living.

People residing close to this area like Paruthipattu, Avadi, and Ambattur feel that these Poonamallee 2 bhk Apartments for Sale are worth an investment as it caters excellent amenities and ambiance for a complete and comfortable lifestyle.

apartments-Poondamalie

The constant increase for housing demands have eventually given rise to many residential units in the city. Recent study has stated that the areas along the west part of the metropolis have witnesses an effective absorption rate. With affordable housing on top of the list, a plethora of homes are been constructed especially for the mid-income levels with unique interiors and exteriors crafted by world-class designers in the city.

Major factors like good infrastructure and the sprawling IT development have captured many professionals to invest in these properties.

Be it a home buyer or investor, Poonamallee has been a sought after place as it is quite reasonable and offers frequent commutation to all parts of the city especially to the IT hubs nestled in Ambattur and around. The locality has ensured to fulfill all the needed requirements in all aspects for realty investments which assures good returns in future.

So, consult with a good realtor or agent to get the right property in Poonamallee for better investment options and tranquil living. Hurry! Invest in your dream today.

 

Tambaram offers a peaceful living environment

The real estate market of residential properties in Chennai has been showing a positive trend in all areas. Tambaram is one amongst such areas best known for its rapid growth in all sectors. It has been recorded that there is a rise of around 20% in the construction of residential apartments in Tambaram. The region has attained a better growth rate in social infrastructure as compared to other suburbs of Chennai.

The price range of Luxury apartments in Tambaram varies from Rs. 3600 to Rs. 5500 per sq ft. The value appreciation will be about 6% per annum.

Many residential projects are in the pipeline, in the vicinity of Tambaram. With the consistent performance of reputed real estate developers, the real estate market in Tambaram will be able to witness great heights within a short span of time. Tambaram apartments for sale are located amidst a green and peaceful environment. Dwellers will be assured with a comfortable and healthy living in this locality. Tambaram is situated in the vicinity of the international airport and so frequent air travellers and NRIs will certainly benefit a lot by purchasing apartments in this area.

flats tambaram

High returns on investment
Reputed builders in the city who have clearly understood the market trends are trying to establish their presence here in Tambaram. There are several apartment complexes and gated communities built by popular realtors. So, the investments made in Tambaram properties will ensure a high returns on investment in the near future. These dwelling units offer a happy and comfortable living for the buyers.

Tambaram is housing many IT companies, hospitals, educational institutions, and retail outlets in its vicinity. Moreover, the metro train service will be operating up to Tambaram soon. This will certainly ease out the travel time for the residents of Tambaram while travelling to all the major places of the city. Tambaram apartments are now being sold away too quickly.

There are all types of residential units available in Tambaram. Whether you need an independent house, villa, 1 BHK, 2 BHK or 3 BHK apartments, residential units here are comparatively less priced with all basic facilities and modern amenities.

Nagaram – Upcoming residential locality

Hyderabad known as the city of pearls is a hub of both IT and Biotechnology companies. There are a lot of individuals who have migrated in this city mainly because of the employment opportunities generated by the companies situated in Hyderabad. Thus, the city has seen tremendous growth in terms of infrastructure. The demand for commercial real estate sector was in full demand, ever since the IT companies have invested in this city. But due to the migration of a lot of individuals, the residential demand in Hyderabad has increased.

There are a lot of developers who are engaged in developing all kinds of residential properties. They offer spacious independent houses, pent houses, sky line apartments and bungalows. Due to the saturation of land, the preference of building apartments is much higher. The property prices in Hyderabad city also vary depending on the locality. There are affordable housing available in developing localities and some sky rising rates for the posh localities.

2bhk-flats-hyderabad

One such locality is Nagaram, situated in Hyderabad city, is developing over the past few years. The properties rates of Nagaram are fairly lesser than the other localities. As connectivity plays a major role in development of any locality, Nagaram has an upper hand even with the connectivity. Nagaram is well connected to the Outer Ring Road which makes connectivity to the rest of the city easier. Connectivity to the airport is another major advantage. Also, it is close to the IT hubs of Hyderabad that is Hitech city and Gachibowli. The locality is a well rounded one and has educational institutions, banks, hospitals, malls and many more in close in proximity.

With all the above, the demand for residential properties is obvious to kick in. There are different kinds of formats like posh and luxurious 4 BHK and 3 BHK apartments, affordable 1 BHK apartments and comfortable and spacious 2 BHK Apartments in Nagaram. One can buy the apartment depending on their requirement. Nagaram 2 BHK Apartments are in huge demand and is a good option for both end users as well as investors.

 

Is it wise to invest in Panvel now?

Panvel is an upcoming real estate location in the South side of Navi Mumbai and also also considering the current property investment scenario of the city, the outskirts areas of the city are being sought after by the city residents or those migrating to city in search of jobs. They attach outskirts with everyday convenience and look for options like ready to move apartments for sale in Panvel, for example, so that modern facilities and amenities are accessible to them as soon as they shift base from the heart of the city to somewhere close to their office.

The fact that this locality is close to the Navi Mumbai at a distance of about 4 km, still makes it one of the hot residential property investments in India. However, in the recent time, there are many other flourishing residential locations close to the NICE Road, those plying on the length of the same corridor. So, the home buyer is likely to evaluate all the options more closely. But naturally, the closer you move to the IT area, the more expensive it becomes. It may still be viable to invest in a ready to move apartments for sale in Panvel than its counterparts.

panvel

There are many more reasons to invest here. Firstly, leading IT companies are at a short distance from the area like the Hiranandani Business Park, Given it’s IT glean; it is sure to see a rise in demand in the next 5 years. Panvel is already making news for rise in occupancy with software professionals from the city and investing for a permanent residency here.

With the area getting connected to the metro rail network and NH-7 and Nh-4 close by, Panvel is likely to witness a huge rise in the property rates. The time is indeed right to invest in a property here. The area has already seen a rise in the rental price, hovering between 20,000- 30,000 per month for a 2 BHK or 3 BHK apartment sizes and the society facilities. The social infrastructure of the area is fully fleshed out now and continuously developing. It is one of the prime reasons for the growth of the residential occupancy here because Panvel has many educational institutions in the vicinity, which means there is a rising demand from the students who wish to stay on rent. For everyday needs, the area offers easy access for the residents to local bazaars, and has reputed hospitals too.

5 things you need to know before investing in Chennai Real Estate

Chennai is one city that is constantly buzzing with activity. With the influx of businesses coming in to the city, the prices for real estate also is increasing. There is a lot of activity in the real estate sector. If you are looking to invest in a home in Anna Nagar or Residential Plots in ECR, here are a few pointers to know:

  1. Get a good legal person:

While investing in a good area in Chennai, it is important that one gets a good legal team to go through most of the documents. He will be required to go through all the legal documents and ensure that there are no discrepancies.

The authenticity of your documents in Chennai is important as there have been issues with them in the past which have led to contracts being cancelled and money being lost.

  1. Type of home:

It is important that you get to know the type of home that you are moving into. There are different types of homes that are available in Chennai and they mainly come under ready –to – occupy and pre-launch homes.

The advantage that you will get with a ready-to-occupy home is that you can immediately occupy them while a pre-launch home can help in ensuring that you get better prices. Do your research on the market and figure out the best time to invest in a home.

ecr-road

  1. Location:

If you’re purchasing a home or Residential Plots in ECR make sure that you are aware of the scope of location. If you are looking for a long term investment, try to get flats in the outer sectors of OMR or Poonamallee as these are good places to invest in.

Location is important because Chennai is constantly expanding and if you are able to find a good flat now, it will mature for sure over the next few years, allowing you to have a good resale value if required.

  1. Builder reputation:

It is always safer to go for a tried and tested builder even if it costs a little extra. This is because if you end up putting your faith in a builder who is still not established, there are chances that his project may be cancelled or delayed.

Most of the popular builders like Purvanakara, Sobha or Raheja have a good reputation so don’t hesitate to invest if they have any projects in good areas.

  1. Features and loans:

Before finally delving into the Chennai real estate, make sure that the complex being built has the exact features as mentioned in their website. Sometimes, builders can scam and not really provide all of the amenities. Also, enquire whether there are home loans available that are affiliated to the builder.

By taking a home loan, you can purchase your home and repay the money within a few years and this allows the process to be so much smoother.

A guide for first time real estate investors

Real estate business has created a significant number of the world’s affluent individuals, so there are a lot of motivations to believe that property is a sound venture. Whatever it may be, similar to any speculation, it’s ideal to be knowledgeable about the opportunities and problems before making a plunge. Real estate investment is not like the stock market, here you have to deal in lakhs and crores. Arm yourself with the most relevant and up-to-date data before beginning your investment in real estate. In case you are looking forward to buying some Apartments in Talegaon for the purpose of investment then go through the following checklist and ensure safety and security for your investment.

Checklist before investing in real estate

Look for Builders and Dealers

The builder community is the one who owns a maximum number of cheap apartments in Talegaon hence make sure to purchase through them. They can provide you with lots of options and they can help you to accomplish a good deal. So, whatever your wish villa, apartment, or independent house, always look for the most authentic builders in Talegaon.

Flats-in-Talegon

Apply your brain before investing

Don’t try to reside on the others “brain” always. They may misguide you or provide you backdated information. So, if you are really interested in staying and profiting from this market for a long time, then develop you own skill in real estate.

Avoid properties under dispute

Check the papers of a property before investing in it. Lots of first time investors are cheated due to their ignorance. After checking, if any doubt arises clear that doubt at the very first instant. It may happen that the entire amount is spoilt due to any dispute and you may have to take legal help to clear the hurdles.

Don’t buy a flat which requires a huge remodeling expense

Buying a low budget flat in Talegaon is easy and alluring, but always assess the remodeling jobs and related cost before investing. If it becomes really high, then the low budget does not remain low any more. If the investment is in such an area where the apartments are available at the lower rates then it may be a spoil of money for you. So, at first assess the valuation of the area then decide to a low budget or any house that requires remodeling.

Do consider amenities

This days basic and extended amenities are counted first. If your investment comes with 24/7 electricity backup, water supply, and security, you will get a good return within a short span of time. If you get some modern luxury amenities like part, perking, community center, temple, and retail stores within the housing complex, that will surely fetch good dividend within 4-5 years’ time period.

Always remember you are buying the flat to invest, hence you will also look forward to some returns from your investments. Go for a flat which cost you less than the market rates and with some innovation can reap you higher returns.

5 benefits of buying ready possession flats

Bangalore has one of the fast growing real estate markets in India. As more and more IT and other companies set up base in the city, there is an increasing demand for commercial as well as residential properties. The substantial growth in job opportunities results in an expanding employee base and migrating job seekers. They all require affordable and easily available housing units closer to their work places. Most of the home seekers prefer ready to occupy flats in Bangalore rather than invest in under construction projects. Here are the top 5 benefits of buying ready to move flats in Bangalore.

  1. No need to wait for end of construction

One of the major advantages of a ready to move apartment is that there are no construction delays. Usually in an under construction project, the buyer pays the money and wait indefinitely for the project to be completed. Delays occur due to reasons like land disputes, denial of permissions and licences, cash crunch, non-availability of materials, price hike, etc. Even when the project is completed after the stipulated period, some of the promised amenities are never delivered. In a lot of cases, the flat owners are still waiting for the covered car park or the swimming pool that the builder had highlighted in the project brochure. A ready to move flat poses no such issues to the buyer as the property is ready to purchase at any time.

ready-to-move-flats

  1. Immediate possession

When you buy ready possession flats in Bangalore, you get the property once you pay the price. In the case of under construction projects, a series of steps need to be completed before you can own the property, and it takes a lot of time as well for the project to be completed. Ready to move in flats provide the flexibility to buy when you want. For a person with ready to dispose funds, a ready possession flat is the ideal choice.

  1. You get what you see

Under construction properties often fail to deliver the features, facilities, and utilities shown in the brochures and projections. The final product may be different from the plan given to the customers. When you buy a ready to move property, you are getting what is already there, and this makes it easier for the buyer to evaluate the features. Construction quality can be checked before purchase.

  1. Financial benefits

Ready to occupy properties save big on rental and travel charges as the buyer can possess the property immediately after purchase. Another financial benefit is the savings in interest rates on home loans. In the case of under construction projects, tax benefits are reduced if the project is not completed within the stipulated time.

  1. Prior knowledge about the neighbourhood

When it is a ready to move in flat, you already know who your neighbours are. You have a clear idea about what kind of people live in the same building, what their professions and economic conditions are, what kind of communities and groups they interact with, etc. You can also verify the facilities in the location of the project, the social and physical infrastructure available in the area, ease of access, and many other factors that affect the quality of life.

5 Best real estate options to move soon to Bangalore

Bangalore is an attractive city to live in especially for the huge IT workforce, who now seeks refuge in outer peripheries away from the hustle and bustle of the city life. Bangalore is one place where the property demand has been out rightly negative post the demonetization wave. On the contrary, it has seen a positive growth in the recent time even though the growth has been somewhat slow. The evident growth was led by few areas of the city and some of these localities are expected to continue the positive growth trend going ahead too.

Bannerghatta Road: is one of the most sought after locality for city dwellers. The area along the lines of Begur Road has good connectivity with the Electronic City. Investment by software professionals is the strong highlight of the locality and this young workforce is either investing in a permanent home or renting a property to stay close to the office area. The residential locality has good rental returns and people are investing in 2 and 3 BHK flats for permanent residency.

Electronic City: people working in the Electronic City prefer to stay close to their workplace. The rental (rate of return) is around 4 per cent in this locality. Naturally, as you move closer to your office space the cost of buying a home escalates and Electronic City is no exception. The area is near the Central Silk Board and its proximity to the expressway also makes it a very desirable location to invest. It is 2 BHK apartments which are selling excessively in the area as people to continue searching for budgeted options.

new-projects-horamavu

Sarjapur Road:  Sarjapur Road and HSR Layout together command a huge demand from the permanent residency seekers. It is an upcoming residential area and perhaps the most active in context of new project launches. The under-construction properties are a major draw of the locality and reflect positively upon the growth of residential demand in the close time ahead. The outcome in the near future is expected to be positive and strong.

Thanisandra Yelahanka: it features as one of the most preferred locations in terms of consumer demand. The locality boasts of settled infrastructure and easy connectivity. The fact that it is close to the airport adds a lot of crux for pilots and airline staff to buy or rent a property here. The locality has a decent demand for luxury units in terms of permanent investment and renting a house here.

Horamavu: sites in Horamavu excel in providing excellence of living as some of the projects in Horamavu are very well equipped with modern facilities and amenities. The whole area is spick and span, safe and the fact that it is in close proximity of the Bangalore’s industrial centers, makes it even more attractive. The new projects in Horamavu promise a positive outlook as the locality continues to enjoy good connectivity with the complete city through the Ring-Road and its vast street network.