The Investo Maniac

New Delhi, January 22, 2018: In a hope for a much desired relief for thousands of real estate customers in Delhi NCR, a group of over a 100 members of Federation of Spire Edge Customers Association (FOSECA), a registered association of the customers of Spire Edge project representing more than 1200 customers of AN Buildwell Pvt. Ltd., met Bhartiya Janata Party's Delhi President Sh. Manoj Tiwari, Member of Parliament, and updated him of the gravity of the situation. FOSECA complained to Sh. Manoj Tiwari that the promoters of AN Buildwell Pvt. Ltd. are constantly misleading the buyers and investors of Spire Edge project. The customers have already filed legal complaints against AN Buildwell Pvt. Ltd. and its promoters Sunil Gandhi and SK Hooda. The honorable court has referred the case to the Economic Offense Wing (EOW) which is investing the case of fraud and money laundering against AN Buildwell Pvt. Ltd. and its promoters Sunil Gandhi and SK Hooda.    Ms....

When we hear the term “ real estate” what comes to our mind, Property, home or a business. But, there are many facts that should also be stored in our cerebellum. Why we do not know much about this sector is because we are not in touch with the sources which talk about this industry. There are very few newspapers, magazines, channels or websites which have real estate as their primary niche. You cannot remember much websites names which deliver you real estate news. There are some websites which deliver latest real estate news but they are not as much interactive as we need. Real Estate market has lack of transparency. A platform where people can talk about Indian Real Estate market and they can also get latest real estate news in India can provide people decent information about this industry. As the share of FDI is increasing for infrastructure development in India , there will be a development evolution for the places connected to metro cities like Delhi. In this case, i...

India has proved itself as a perfect business spot in this highly competitive global market. Infrastructure and real estate play very crucial role in the development of any nation. Stirred by a number of positive factors, commercial real estate sector has seen massive growth in recent times and proposed to grow further in coming years. As we all have seen that, as residential market grows with the commercial market. The strong growth in commercial office market and expected buoyancy has spurred substantial demand for residential apartments. Brands like WTC among others are providing world class facilities to its investors and guaranteed return. Over the last few years, cities like Pune, Bangalore Gurgaon and Noida have become the commercial hub for people and investors who are looking to make fast bucks. These cities are attracting IT/ITES, big corporate houses and MNCs. One more reason for the growth of commercial space is favourable government reforms. Reforms like- GST and...

The Chandigarh Administration has allowed two adjoining commercial sites having multiple owners to amalgamate along with a provisio. The Union Territory chief architect Kapil Setia mentioned that the traders will benefit from this decision. If we go by his statement then this decision undertaken aims to fulfil the requirements of the residents at large. Though we believe there will be challenges ahead to take measures amidst the development scenario to protect the aura of the city. It is to note that permanent amalgamation of commercial properties will not see any change in its rule as of now. In accordance with the norms, amalgamation of two or more adjoining sites with the same ownership is allowed, but there will be appropriate terms and conditions that the revised plans are approved by the appointed authority body. The administration had introduced into Chandigarh conversion of land for use of industrial sites into commercial activity/services in Industrial Area phases I ...

Today the discussions on development are not limited to townships and swanky corporate offices. Also, it is not just about connectivity through roads or rails. It is about connectivity with end consumers, end buyers and end users of product or services. There are instances where a resident goes to a grocery shop at least three to four times a week along with friends, who create an influence to extend the timeline by visiting their favourite beauty parlour. In presence of upscale malls and movie theatre these leisure times are possible because shopping baggage can be delivered right at your doorstep to be picked up by someone else while the buyer feasts on a tub of popcorn. Adding further there is this hotel-like hospitals catering to the patient’s need like a waiter would do in a plush hotel. Medicare and life-saving treatments has become a reality provided one has the capacity to meet the expenses, and why not when insurance policies are here to save a person’s life in time. ...

The concept of building the regional connectivity to reach out to the global network of business is a mutual see-saw like movement. A help from one raise the level of the other. Therefore the initial connectivity has to begin from regional level and its underlying areas. In the best of an Indian connectivity scenario the only example to match this observation would be of New Delhi and Greater Noida connectivity, with Noida forming the junction of growth thanks to WTC setting its foot into Noida at Golf Links. Greater Noida is accessibl from New Delhi and Noida via the Delhi-Noida-Delhi (DND flyway), and the connectivity now extends unto Agra via the Yamuna Expressway. The other route to bring people and business into Greater Noida from across the Hindon is via the Mahamaya Flyover. A road link will also be available from the Eastern Peripharal Expressway of the Delhi-NCR plan at the NHH-24 interchange location. Road link to surrounding areas of Greater Noida in the Uttar Pradesh Stat...

Due to high demand of quality office/Retail space, commercial real estate market in India continues to grow at a steady rate especially in IT/ITEs driven markets like Hyderabad, Bangalore, Pune and Chennai. Positive changes in policy and regulations have given a further boost to commercial segment. These developments have encouraged many MNCs to shift their base to Noida. One such shift happened last year when Vivo Mobile, a mobile handset manufacturer shifted their operations to WTC Noida. The commercial real estate market seems promising as of now. With the decks being cleared for the construction of a second airport for the capital at Jewar in Uttar Pradesh, the residential segment in Greater Noida and along the Yamuna Expressway, in a slump over the last two to three years, will become vibrant once again, say industry experts and stakeholders.