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Analysis Between Pre-Lockdown & Post-Lockdown Scenarios

Analysis Between Pre – Lockdown & Post -Lockdown Scenarios

The world has never perceived an emergency state of such terrible scale. COVID-19 has interrupted the business networks, international markets and operations all over the globe. Home quarantine and work from home have become the new normal, as the only safeguard that can shield a person from this contamination is his own home. This unparalleled environment has convinced humans reconsider and re-plan their financial behaviour in various ways. Housing, an industry dominated by people’s living and expenditure patterns, is all set to witness a trend of change as we prepare to unlock gradually for setting the country’s economic arc right. A detailed parallel analysis of changing homebuyers’ behaviour and patterns in Pre-Covid and Post-Covid situations will help us understand this better.

In just about three months, our perspective about life and survival in this erratic world has changed drastically. It has made us re-think and re-plan our financial behaviour.

As we gradually reopen our markets to fix the economic curve, we can’t help but contemplate over how this white swan event has disrupted the real estate sector in a microscopic period of time.

PRE-LOCKDOWN

Now, if we look thoroughly at the Pre-COVID scenario, property purchasing was a considerably long process. Fence-sitters spent huge time in examining and then the paperwork and other regulations during purchase further extend the entire process. Now with everything turning digital, the home-buying process has definitely gained drive. Previously, when buyers were personally visiting construction sites they were limited by the time and distance. The virtual tours currently provide them the ease of scrolling through multiple properties in a single day right on their personal screens. Apart from this, buyers were never stressing for amenities that focus on their hygiene and health needs; lately due to the virus this has been changed. An interest towards holistic wellness is rekindled. Similar pattern was translated in their financial behaviour before Corona entered our lives; the expenditures were majorly made on lifestyle, food, and on other recreational activities. Only a few people thought about building a future asset like property for difficult times. People have never foresighted the advantages of investing in property, they generally kept it for their later years and preferred living in rental accommodations as cost-effective.

Health experts have said that we have to learn and unlearn things to get accustomed with Corona, this will result in increased interest of buyers’ towards wellness homes. Wellness areas like yoga and meditation centres would make their way as a necessity in modern living. Facility Managers and housekeeping staff will play a detrimental role in ensuring safety and wellbeing of the residents. 

DURING LOCKDOWN 

In this phase of lockdown, the real estate industry was rapid to carry out their business operations effectively on digital platforms. This gave them a chance to create a customer base online, opened new channels with better reach and impact. Digital Campaigns and lucrative payment offer were some of the strategies adopted by the established real estate players.
The digital implementation helped the developers in preventing muted sales, as construction activities were already paused.

Selling of stalled inventories via digital platforms was definitely the boost needed for realty. It even helped the developers in understanding the changing buyer’s preferences. As homebuyers showed keen interest in ready to move in homes, integrated townships, flexible homes with workspace etc. 

POST-LOCKDOWN 

The virus’s timeline is unpredictable, and with the rising uncertainty in the market stable income generating assets like property are bound to witness increased consumer interest. Government has made things easier by reducing the repo rate and launching CLSS scheme for affordable housing, they will be helpful in attracting investments towards the realty market. Reverse migration in NRIs and working professionals from metros will lead to increase in demand for realty in Tier II and tier III cities. Talking especially about the northern region.

Also, India is on its path of becoming the manufacturing hub, it will create demand for office spaces, business parks and other commercial complexes in coming years. 

The real estate sector went through a lightning transition in its operations during the lockdown. Real estate developers went digital and registered good sales.

The use of digital platforms laced with virtual reality, 3D walkthroughs and digital transaction modules, simplified the home-buying equation. Homebuyers raised a toast to this new-fangled homebuying trend.

This digital shift also gave developers a better understanding of buying behaviour with the induction of machine learning and AI technology.

It won’t be pompous to say that digital home-buying will be the new norm in the real estate sector. The demand for asset class has perked up with homebuyers going for near-finished properties rather than new launches, except for the brands they trust.

Homebuyers are now considering real estate as the safest bet and are looking for an immediate investment with the reduction in repo rate and launch of Credit Linked Subsidy Scheme (CLSS) for affordable housing.

The perception of living in crowded places has changed dramatically and the demand for townships and properties with huge green spaces has become the main draw. Amenities and health spaces within projects are top priorities now while selecting a property.

The phase till COVID remains with us is definitely going to be difficult. However, India being a potential land of investment for all Asian, European and Middle Eastern firms shifting their bases from China is a boon to realty & infrastructure.

 

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Loan Moratorium and Cuts in Interest Rates by RBI | TOPPROPMART

Benefits leveraged to Real-estate sector from extension of loan moratorium and cuts in interest rates by RBI

The Reserve Bank of India announcements are a continued effort to increase private consumption and provide liquidity access to all sectors hit by the COVID-19 pandemic. These actions will help reviving demand crippled by the lockdown. The Reserve Bank of India has announced that the standard lending rate will be lowered by 30%. Along with this, term loan moratorium will also be extended by 3 months. Currently, the RBI is making constant changes in the policies to uplift the number of sectors affected by the COVID-19 crisis and help them gain liquidity access. The slashing of the interest rate and the extension of the loan moratorium have been received well by the real estate sector.

At a time when the real estate sector is unsure about its future, these decisions of the RBI are welcomed by the developers. The pandemic had struck the realty sector right when it was starting to revive from a major liquidity crisis. The lockdown has been a major blow to the industry. The slashing of the repo rates would ease up the liquidity in the realty sector and also allow the banks to lend more money.

This RBI’s move today is expected to further help banks to lower home loan interest rates, which may get several more fence-sitters onto the market. Moreover, the repo rate cut may compel banks to reduce the interest rates for FDs even further this could result in even more people leaning towards housing as a better investment option.

These changes would also make it easier for the homebuyers to purchase properties, thus acting as an incentive. For example, the reduction in the repo rate would in turn increase the purchasing power of the buyers. The accumulated interest during the moratorium period would be converted into a term loan, which means that the buyers won’t have to pay up the accumulated interest immediately. The buyers’ sentiment would undergo an uplift due to the cuts in the repo rate, thus increasing sales. It is expected that this would especially benefit the affordable housing sector. This is because most people buying affordable homes opt for EMIs and seek the most economic options. Lower repo rates would result in low EMIs, giving these buyers a major opportunity.

While the real estate sector was happy with these moves, some of the leading developers expressed concerns regarding these being only temporary relief.

Satish Magar, President of Credai National Said, “We expected more stringent measures from the RBI booster to revive the economy. The move of moratorium extension is a short-term piecemeal solution to a long-term problem. The interest rate should be reduced with firm liquidity measures as this is the need of the hour backed by one -time restructuring of loans to help the real estate sector from crumpling. RBI has tried to ease the pressure on borrowers and has extended group exposure limit for lenders to corporates from 25 percent to 30 percent but this is not enough to solve the ongoing liquidity crisis. The government now needs to ensure that banks are forthcoming and are passing on the benefits to us currently, there is a dearth of income in the sector owing to the COVID crisis.

 

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Best Locations to Buy a Property in Noida | TopPropMart

Best Locations to Buy a Property in Noida

Noida is at all times in top priority of home buyers because of planned sectors, green belt, connectivity with New Delhi, Gurgaon, Ghaziabad and Faridabad (part of NCR region) which makes it a main attraction for everyone.

The connectivity Noida has with other places makes it an calm to reach destination because of Delhi Noida Direct (DND) connecting Delhi + NH 2, Noida Expressway connecting Greater Noida, Yamuna Expressway joining Agar- Mathura, Faridabad-Noida-Ghaziabad (FNG) expressway connecting the three major cities of NCR and an extension of FNG connected with NH 24.

Noida is the only city offering this kind of highway and expressway connectivity. Noida Metro Rail Corporation that is dedicated to develop metro connectivity in the entire Noida region from Noida sector 32 to sector 63 and Greater Noida via expressway and very soon Greater Noida West also.

SECTOR 37

The Dwarka to Noida city centre, now the Botanical garden will be connected with Nehru Place metro station (Violet line). For daily travellers and residents of city, connectivity is the major concern and there is no reason of concern at this part! Botanical garden Metro is very close to the commercial hub of Noida which is Sector 18. So, if you can manage within a distance of about 2–3 Km then best option is Sector 37 which is great place to live in, near to Golf course Metro station. It has apartments and standalone Kothi’s as well or a PG. 

SECTOR 74–79

Core of Noida is offering whole lot of ready to move homes and no of units are approximately 7000–10000 where you can search projects of various developers ranging from Rs. 4700/- to Rs. 8000/- per sq. ft. To the North of Noida, the 70s belt of sectors features a big residential hub with multiple housing projects ranging from mid-income to high-income segment. However, what works for these sectors is their strategic location. These sectors are not only close to the heart of the city but also to key commercial hubs, making it easier for working professionals to commute to the area of work. For instance, Sector 62, 63, 127 and 132, the key office-space hubs in Noida, are located within a radius of 7-10 km.

Improved connectivity has also augmented the realty game in the region. Robust intra-city network ensures easy travel to noted areas of the city. For instance, the micro-markets of Central Noida (Sector 26, 27, 39, 50, 51) are only 10-15 min away from the 70s belt. The National Highway (NH) 24 that connects Noida to Delhi is only 9 km away. Noida-Greater Noida Expressway that boasts of a plethora of corporates such as HCL, TCS and Accenture among others is only 12 km away, and Noida Special Economy Zone (NSEZ) is just at a distance of 7 km. Noida Sector 32 metro station is the nearest metro station (5 km) that ensures a smooth ride to the micro-markets of Delhi. Besides, a direct metro project is underway that will connect these sectors with the commercial centres of the city, reducing the travelling time significantly. 

Sector 

Prices per sq. ft

74

Rs 4600 – 4900

75

Rs 4600 – 5100

76

Rs 4600 – 5000

79

Rs 4800 – 5800

Affordability is another critical factor on which the housing demand in the 70s belt thrives. Average property rates in these sectors vary between Rs 4,300 per sq ft and Rs 4,800 per sq ft, explicitly catering to the expectations of mid-income end-users. Besides, a correction in the average capital values in a few sectors makes it the most opportune time for end-users to buy a home in the area.

Presently, taking note of buyer’s inclination towards ready-to-move units in Real Estate (Regulation and Development) Act (RERA), 2016 registered projects, the 70s sectors offer a variety of options across configurations and budget segments.

NOIDA EXPRESSWAY

Another region where whole expressway is offering best of the properties right from sector 98 to sector 150. These sectors are connected with Noida expressway directly with due service lanes, green belt, metro and enough of greenery due to dedicated city forest like; sector 137. The sector 137 is one of the most searched because of FNG access, upcoming world class theme park, and of course metro station at sector.

Other sectors you can consider are 143, 168, 150 where developers are either in the final phase of construction or in fast pace to complete projects since RERA is implemented.

Here cost of units could vary from Rs. 4200/- to 7000/- depending upon the amenities, infrastructure and features and no of units could be 5000.

No doubt, budget in these regions may go up to Rs. 50 lakh to 1.0 cr easily because of being prime locations and most of the societies are developed. You can also expect a good return on return.

In case, you need more pocket friendly house which do not pinch your pocket and put you under financial strain, you can explore Greater Noida West where unit sizes are also less and cost is relatively under control.

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Why Should You Buy Property in Lucknow?

Why Should You Buy Property in Lucknow?

Lucknow is known as one of the most important cities of the country. After securing its place in the smart cities of India, Lucknow is now emerging in various sectors like retailing, manufacturing and commercial. Clearly, with the rise of modern infrastructure, the city is attracting many investors and home buyers.

The Real-Estate market of Lucknow has noticed a considerable growth in recent times. Changing ambition of the local population, rapid increase in economic activity, good salary packages and increased employment opportunities have encouraged the growth of Real-Estate market in Lucknow.

 

This sudden appearance of the real estate market in Lucknow can further be attributed to the rise in construction activity, the majority of which is being done in the residential sector. Real-Estate developers in Lucknow are building many townships on the outskirts of Lucknow.

 

With a view to give a fillip to the biotech sector, the Government has collaborated with local universities and industries, the Council of Scientific and Industrial Research, and the Indian Institute of Technology Kanpur to set up a biotech park in Lucknow. This park plays a crucial role in the initial establishment phase of the start-up companies by furnishing key information concerning business avenues. It also provides easy access to the expertise of esteemed and successful scientists. This park can prove immensely beneficial for investors looking to invest in the biotech sector.

 

YOU MUST KNOW WHY BEFORE YOU ASK WHERE

  • Lucknow Development Authority (LDA) has great plans to make Lucknow a world class city. Few of them include the upcoming 301 km Agra Lucknow Expressway, World class transportation facilities by constructing subways, flyovers, hotels, malls and multi-level parking lots, a connectivity between Raebareli and Sultanpur road is already in progress. 

 

  • Well-developed Infra Structure Being the capital of Uttar Pradesh, Lucknow has a great network of well- connected roads, flyovers that aid smooth transportation, high tech infrastructure, green belts etc. The City of Nawabs is well connected through railways. With the launch of metro project, the real estate market has been on a Rise. Lucknow Metro Rail Corporation (LMRC) is set to add another feather to the city’s transportation and infrastructure. 

 

  • Innovation by developers in the endeavour to satisfy their customers, the Real estate developers in Lucknow have trying new methods and features in the construction of flats. Thus, various properties are available that have unique designs and atmosphere. 

 

  • Flats with all amenities the flats that are being developed in Lucknow are fastened with all the new techniques and amenities. Amenities include parking area, exceptional connectivity with neighbouring cities, electricity supply round the clock, and closeness to schools, healthcare centres and shopping complexes. This isn’t the limit to the settlements that a resident enjoys yet there are loads of rewards. There are some key locations like Gomti Nagar, Sitapur Hardoi Road, Shaheed path, Sector-6, 7 and many more within the city experiencing such developments. 

 

  • Development of commercial zones (DCZ) involving shopping complexes is providing a considerable share in the economic expansion. Thus, the populations within the city are able to make a high source of income by making investments in such commercial sections. 

 

  • In the years to come, Lucknow will experience more developments in the real estate. These developments will bring along high profits for those who will invest at the right time. Non-residents can investigate the finest property alternatives with the assistance of an experienced real estate consultant. Some of the firms are also occupied in advising the property options. With such capital, an entity can find the residential or commercial unit within their preferred budget and preferable location. 
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Office Life After Lockdown – TopPropMart

Office Life After Lockdown – TopPropMart

As Government Is Implementing Some New Policies Where Offices Will Start Operating from There Premises by Following Social Distancing and Government Norms.

As We know the labour market rubble of almost two months of pandemic-inspired physical isolation, several orthodoxies have emerged about the way we will work when the restrictions are eventually lifted. The Covid-19 pandemic has raised everyone’s level of awareness about the potential for their surroundings to serve as breeding grounds for communicable viruses or disease.

Its didn’t happened in a history that illustrates many jobs lost in big downturns never reappear, is that India faces entrenched unemployment data released this week by the Mumbai-based think tank Centre for Monitoring Indian Economy shows that unemployment shot up to 23.5% last month from 8.7% in March. In the week ended May 3, it jumped to 27.1%, the highest ever.

Thought some companies are adopting “new normal” where large sections of workers will continue to carry out employment from home.

Nobody can accurately predict how many people will become long-term unemployed. But already evident is that many thousands of businesses in retail, hospitality, transport, manufacturing, financial services, marketing and advertising, to name a few sectors – will never operate profitably again. Many will die. And thousands of people employed by them largely those with no capacity for home work will not possess skills or experience to be employed in the post-pandemic economy.

As per one of our employees who has been working from home for two months:

She says,“You know I’m very fortunate, I’ve a comfortable apartment, I have a desk that I can use as a kind of quasi office and I’m in a safe and loving family environment. And despite all that, to tell you the truth, it’s driving me crazy.

“I miss the human interaction and I find it stressful to be working in close quarters with the people that I love and live with who are also going about their business in different ways.

“The level of flexibility can be helpful and it is a privilege – but I wouldn’t want this to be my permanent work arrangement. No offence to the people I live with.”

The Covid-19 pandemic has raised everyone’s level of awareness about the potential for their surroundings to serve as breeding grounds for communicable viruses or disease. For the office real estate, the good news is that optimally and smartly designed buildings have the potential to decrease the rate of sickness, improve mental functions, outlook, and mood.

Here’s what the new normal for workplaces may look like.

OPERATIONAL RULES

  • No employee should be closer than 6 feet from another
  • Meetings of 10 people or more cannot be conducted
  • Lunch breaks to be staggered to avoid gatherings
  • Employees need to work in shifts, with an hour’s gap between shifts
  • Use of staircases to be encouraged. In case of lifts, no more than 2-4 people should be allowed at a time
  • No “non-essential” visitors allowed in offices
  • For staff dependent on public transport, vehicles will need to be arranged by companies. These will be allowed to work with 30-40% passenger capacity.

HEALTH & HYGIENE

  • Masks must for all employees
  • Adequate hand sanitizers to be available
  • Thermal screening mandatory for all staff
  • All workplaces to keep a list of Covid hospitals nearby
  • Use of Arogya Setu app to be encouraged

 

To put this in forth of the tenants, a great way is to document a building’s health status by meeting an agreed-upon industry standard. A performance-based system can be implemented for measuring, certifying, and monitoring building features that impact human health and well-being.

A guideline like this will give building users more confidence in terms of the interior environment.

SHORT TERM SOLUTIONS INCLUDES

  • Revise and rethink on the meeting spaces
  • Implementing building-wide cleaning protocols
  • Updating and displaying of safety measures regularly
  • Focusing on In-door air quality

LONG TERM SOLUTIONS INCLUDES

  • Rethinking of the floor plan and de-densifying the offices
  • Making the office spaces greener by implementing biophilic design elements
  • Adding outdoor spaces can provide work areas with fresh air and can allow for social distancing
  • Redesign air-filtration systems and bring more fresh air into spaces

 

CREATING AND ADHERING TO GUIDELINES

In a bid to break the pandemic chain and to carry out the operations seamlessly, certain responsibilities have to be shouldered by the operators as well as the occupiers (tenants), the SOP that some of the big operators are deploying consists of best practices that should be adapted for a smoother re-start:

 

BUILDING FACILITY LEVEL

  • Deep sanitization of the entire building
  •  Provision of non-contact temperature measurement devices for checking of each person entering the premises
  •  Mandatory face masks
  •  Hand-washing and sanitizing facility for incoming vehicles
  • Deep cleaning regularly of the air-conditioning systems
  • Asking people riding elevators to stand facing the wall
  • Keeping an ambulance on standby

 

TENANTS FACILITY LEVEL

  • Adequate disinfectants
  • Cold fogging chemicals
  • Hand sanitizers
  •  Face masks
  •  Hand gloves
  •  PPE for use in their office
  • Installation of Aarogya Setu App by each employee
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Buying a Home During Covid-19 in Lucknow | TopPropMart

Buying a Home During Covid-19 in Lucknow

Lucknow is developing at a rapid pace. All the major developers of North India are eyeing Lucknow as a very lucrative market. City’s growing infrastructure and facilities are improving and therefore people are attracted to Lucknow like never before.

Buying a home in this pandemic is beneficial if you find a home that seems right for you, you have job stability and if you can get financing at historically low rates then buying a home might be a wise choice and the right thing to do even now.

The same story is true for someone who wants to buy a property in Lucknow. The pandemic crisis gave investors a unique opportunity to scoop up properties at extremely low prices and finance them with historically low interest rates. 

It’s a difficult to time for the real estate market. For decades, it was understood that you could safely place your money into a home, sit back, and watch your home’s value go up. 

While there are plenty of lessons to be learnt from this pandemic, one of the most important lesson is the fact that life is very changeable, and we should be ready to fight with every situation. This holds true for our finances too and thus our investments. While, it is no secret that real estate is one of the safest and long-term investments, do you understand that this Covid-19 lockdown could prove to be the best time to invest in this asset. Here’s why!

 

  • Buyer sentiments have been immensely impacted due to the negative impact of Covid-19 on the economy. The looming uncertainty in the job markets, prospective home buyers have pulled back or deferred their purchase decisions. This gives an investor a higher negotiating power to close deals.

 

  • This has squeezed top notch developers across the country such as Godrej Properties, Bhutani, Shriram Earth etc come out with special lockdown offers that you as a prudent investor would not want to miss. With the special payment plans of cash discounts to booking a property    with just Rs 1 lakh, it’s all happening.

 

  • Apart from being less unstable, real estate is also a long term and tangible asset. It offers capital appreciation if you stay invested for a certain period of time. Market experts believe that even though the real estate sector has already taken a hit due to the pandemic, it is expected to revive soon. Even if you give yourself a period of at least 2-3 years, there are still chances you would end up gaining a higher ROI than any other asset. Not to forget the rental income one can gain if invested in a ready property.

 

  • Probably the worst hit asset due to Covid-19 was the share markets. basically, investors have been pulling their money out of stocks. This causes the price of the bonds to go up and about their yield to go downward. Stock markets have crashed not just in India but also globally. All seasoned investors know that stock markets are volatile and a high- risk investment as opposed to real estate. It thus makes sense to diversify your investment portfolio and invest in real estate at a time when everything else seems unstable.

 

  • The Reserve Bank of India (RBI) announced a rate cut in repo rates. The repo rate was reduced from 4.40% to 3.75%, a drop of 25 basis points. This clearly means that banks can now get loans at a lower rate from the RBI. If banks decide to pass on this benefit to the customers, the automatically your home loans rates will come down drastically.

 

  • As we all our at home following social distancing, we have more time on our hands to do a thorough research. You cannot go out for site visits; however, developers and brokerage firms have created all types of virtual aids to guide you in your purchase. Utilize your time to visit the properties online and who knows you might just find the deal of your dreams.

 

If you have a secure job and a positive capital backup or if you are looking for a long-term investment, this could be the right time to put your money in real estate. Lockdown have had us sit at home and re-think our whole existence!

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WHY SHOULD YOU BUY A PROPERTY IN NOIDA?

WHY SHOULD YOU BUY A PROPERTY IN NOIDA?

Noida (New Okhla Industrial Development Authority) is a systematically planned city and the residential, as well as the commercial developments, are going hand in hand to develop the city. If you are thinking to buy a property in Delhi NCR then Property in Noida and Greater Noida must have attracted you. Living in Noida offers great jobs opportunities, convention centres, and an airport coming up in the area. Thus, investment in Noida and Greater Noida real estate is going to be your best decision ever.

Real estate has always been considered as the safest and favourable investment option. However, over the few year greater, the market’s momentum has weakened significantly. While the market has been viewing signs of recovery across the country, there is still some scepticism when it comes to investment in real estate. Noida, which has continuously been a real estate investment hot-spot, is among the markets that are still reeling from the effects of demonetisation and the introduction of RERA. But that doesn’t mean that investing in real estate in Noida is not profitable anymore. 

Here are few reasons why you should be investing in real estate in Noida: –

  • Overflow of Commercial Space

Prices are relatively low, due to oversupply in the commercial real estate market. So, this makes it good time to invest in retail shops in Noida. Not only will you get returns in the form of monthly rentals, but also the capital appreciation too is expected to be more than residential property.

  • Higher ROI

Residential real estate has always been the favoured when it comes to real estate investment. old formula of investing in residential property doesn’t effort anymore. The rising prices of residential units and low gratitude levels have changed the market outlook. Investment in office space in Noida or a retail shops in Noida, on the other hand, can deliver better returns.

  • The Start-Up Boom

Almost every Indians are trying to realize their entrepreneurial dreams, and this has led to a steady growth in the start-up businesses. As there is a renewed self-assurance in the Indian market, these entrepreneurs are attracting massive investments not just from international investors but also from leading Indian corporate houses. This has been a main force that is driving the demand of commercial office space in Noida.

To put it straightforward commercial properties have now emerged as a more prudent route for those looking to invest in the real estate sector.

  • The Impact of Government Policies

The real estate sector always in the news all through the year, with the government announcing numerous major policy creativities such as the passage of the Real Estate (Regulation and Development) Act 2016 and the amendment to the Benami Transactions Act. The government at the centre is unarguably business-oriented. This has led to a renewed sense of sureness at both corporate and global investor levels. The proposed changes in the Foreign Direct Investment (FDI) norms for the real estate sector have also supported the market sentiment.

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Buying A Home During COVID-19 in Noida | TopPropMart

Buying A Home During COVID-19 in Noida

Indian real estate market is winding under the COVID-19 impact, market experts say that it can be a very positive time for home buyers as they are at an extraordinary advantage to negotiate good deals on ready-to-move-in options. Homebuyers are also likely to benefit from all-time-low interest rates of 7.15 to 7.8 per cent on home loans.

 

A report from ANAROCK research exposes that out of the total unsold stock of over 6.44 lakh units in the top seven cities (as on March 2020 end) nearly 12 per cent of homes are ready to move in. This holds true for our finances too and thus our investments.

Experts also point out that the COVID-19 lockdown has enhanced technology-led home buying in India, making it possible to inspect properties online as well as negotiate and finalise deals. Virtual site visits are also becoming a reality and a large chunk of the property selection and purchase process can now be done digitally.

 While, it is no secret that real estate is one of the safest and long-term investments, do you understand that this Covid-19 lockdown could prove to be the best time to invest in this asset. Here’s why!

  • Buyer sentiments have been immensely impacted due to the negative impact of Covid-19 on the economy. The looming uncertainty in the job markets, prospective home buyers have pulled back or deferred their purchase decisions. This gives an investor a higher negotiating power to close deals.

 

  • This has squeezed top notch developers across the country such as Godrej Properties, Bhutani, Shriram Earth etc. come out with special lockdown offers that you as a prudent investor would not want to miss. With the special payment plans of cash discounts to booking a property in Noida with just Rs 1 lakh, it’s all happening.

 

  • Apart from being less unstable, real estate is also a long term and tangible asset. It offers capital appreciation if you stay invested for a certain period of time. Market experts believe that even though the real estate sector has already taken a hit due to the pandemic, it is expected to revive soon. Even if you give yourself a period of at least 2-3 years, there are still chances you would end up gaining a higher ROI than any other asset. Not to forget the rental income one can gain if invested in a ready property.

 

  • Probably the worst hit asset due to Covid-19 was the share markets. basically, investors have been pulling their money out of stocks. This causes the price of the bonds to go up and about their yield to go downward. Stock markets have crashed not just in India but also globally. All seasoned investors know that stock markets are volatile and a high- risk investment as opposed to real estate. It thus makes sense to diversify your investment portfolio and invest in real estate at a time when everything else seems unstable.

 

  • The Reserve Bank of India (RBI) announced a rate cut in repo rates. The repo rate was reduced from 4.40% to 3.75%, a drop of 25 basis points. This clearly means that banks can now get loans at a lower rate from the RBI. If banks decide to pass on this benefit to the customers, the automatically your home loans rates will come down drastically.

 

  • As we all our at home following social distancing, we have more time on our hands to do a thorough research. You cannot go out for site visits; however, developers and brokerage firms have created all types of virtual aids to guide you in your purchase. Utilize your time to visit the properties online and who knows you might just find the deal of your dreams.

 

If you have a secure job and a positive capital backup or if you are looking for a long-term investment, this could be the right time to put your money in real estate. Lockdown have had us sit at home and rethink our whole existence! 

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Top Real Estate Projects in Lucknow | TopPropMart

Top Real Estate Projects in Lucknow

Top Real-Estate Developer’s in Lucknow

Industry experts in Lucknow, especially those who are in the market on the crushed and dealing with the buyers on a day to day basis, say that property markets in the state of Uttar Pradesh has never really witnessed any major growth. But during last 2 decades or from last 20 years the state capital of Uttar Pradesh, Lucknow has seen an immense and rapid growth in the real estate market. Today, investors from different cities of Uttar Pradesh such as Allahabad, Barabanki, Kanpur, Sitapur, Sultanpur, Varanasi, Unnao etc are looking Lucknow as the best real estate market of the state.

There are numbers of real estate builders taken birth in the city which are doing a good business in real estate market.

DLF:

DLF - Real Estate Project Lucknow

With more than 73 years of real estate investment, development, and management experience, DLF has an unparalleled scale of delivery and an unmatched track record of customer-centric service excellence in India.

 

Years of Experience                                    74

 

Total Projects                                              72

 

Ongoing Projects                                        72

Unitech

 

UniTech - Real Estate Property Lucknow

Unitech has experience in developing and leasing IT/ITes and commercial office spaces in its Grade ‘A’ complexes in Gurgaon like Cyber Park, Signature Towers, Global Business Parks, Unitech Business Park, Unitech Trade Centre, Millenniums Plaza, Unitech Corporate Park, etc. Some recent launches have been Nirvana Courtyards II, Signature Towers II, Uniworld Towers and Infospace in Gurgaon, Bhubaneshwar 1 in Bhubaneshwar etc.

Years of Experience                                    49

 

Total Projects                                              76

 

Ongoing Projects                                        49

 

Omaxe

Omaxe - Real Estate Property Lucknow

With presence in 8 major states and 27 cities, Omaxe has both residential and commercial properties for our customers. The township principally consists of 14 group projects including twelve residential and two commercial projects. The residential projects comprise of independent floors, apartments and villas while the commercial project by Omaxe in Lucknow include a shopping centre and office space.

 

 

Years of Experience                                     33

 

Total Projects                                              104

 

Ongoing Projects                                        100

 

Ansal API

Ansal API - Real Estate Property Lucknow

The Sushant Golf City is the benchmark of golf-based development spread across 6400 acres on the outskirts of Lucknow. The ultra-modern township has a world-class 18-hole championship golf course surrounded by residential and commercial Developments. 

 

 

Years of Experience                                    53

 

Total Projects                                               98

 

Ongoing Projects                                         83

Parsvnath Developers

Ansal API - Real Estate Property Lucknow

One of India’s leading Real Estate Developers, with pan India presence across 41 cities in 15 states. Parsvnath Developers Limited has a diversified portfolio which includes, Integrated Townships, Group Housing, Commercial Complexes, Hotels, I.T. Parks, B.O.T. Projects, SEZs and 3rd Party Contracting.

Years of Experience                                             13

 

Total Projects                                                        55

 

Ongoing Projects                                                  53

Eldeco Group

Eldeco Group- Real Estate Property Lucknow

Carrying more than 30 years of expertise in construction and real estate development, Eldeco has delivered more than 150 projects spanning townships, high-rise condominiums, industrial estates, malls and office complexes. In addition, 30 projects are in various stages of active execution. The aggregate delivered area stands at more than 20 million sq.ft. with more than 25000 satisfied customers. Currently, apart from the towns mentioned above, Eldeco is developing projects in Panipat, Sonepat, Ludhiana, Jhansi, Neemrana and Jalandhar. The unique 1200 acres state-of-the-art Eldeco Sidcul Industrial Park at Sitarganj, Uttarakhand, is Eldeco’s flagship project in the industrial sector.

Years of Experience                                            13

 

Total Projects                                                       69

 

Ongoing Projects                                                 59

 

Emaar India

Emaar India - Real Estate Property Lucknow

Emaar started its business operations in India in 2005 and continues to fulfil its brand promise through its customer centric approach. Emaar in India has won several awards for its pioneering work and iconic projects, including the prestigious:

 

  • Developer of The Year – Residential’ Award from ET Now in 2018
  • DNA Real Estate & Infrastructure Awards
  • 9th Realty+ Conclave and Excellence Award in 2017

 

Years of Experience                                     15

 

Total Projects                                                36

 

Ongoing Projects                                             3

Purvanchal

Purvanchal is today clearly identified in the large scale housing construction business and real estate development, by timely delivery of prestigious project like group housing society for the officers of Prime Minister’s Office, NTPC, SCL, RBI, Ministry of Communications, Oriental Insurance, HCL Technologies, Infosys, Wipro, IBM, TCS, ST Microsystems, Supreme Court Bar Association and many other leading Multi-National Companies.

 

Years of Experience                                      26

 

Total Projects                                                 18

 

Ongoing Projects                                            18

Rishita Developers

Rishita Developers - Real Estate Property Lucknow

Rishita Developers Pvt. Ltd. has delivered exclusive developments with a unique combination of traditional and contemporary designs. With the passion for creating vibrant and sustainable communities, RDPL, aims to build not just homes, but a valuable legacy. It aims to build dream homes that are pocket-friendly and create spaces where life meets lifestyle. As for RDPL, the design of a home doesn’t stop at the door.

 

Years of Experience                                       11

 

Total Projects                                                  07

 

Ongoing Projects                                            06

 

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New Projects in Noida | TopPropMart

POPULAR NEW PROJECTS IN NOIDA

Noida Extension is a prime destination for Real Estate Investors and Buyers. This area is mainly planned to provide affordable housing to homebuyers in the NCR region. The area offers good connectivity to Greater Noida, Noida as well as Delhi. With the projected metro line coming to Noida Extension by next year, there are bright prospects for better connectivity and demand in the area.

There are lots of buyers and investors who are looking to buy property in Noida Extension. Lower price in comparison to the Delhi and Gurgaon has made this a preferred location for both investors and the end users.

ATS DESTINAIRE

ATS Destinaire - New Projects in Noida

ONLY project offering all the towers with 2 apartments per floor at Greater Noida (W).

Presenting you ATS Destinaire, home to urban chic lifestyle by ATS Infrastructure Ltd. The project hosts an exclusively designed 3 and 4 BHK apartments each being an epitome of elegance and simplicity. ATS Destinaire is located in one of the prime locations in Sector 1, Greater Noida. The residential towers are strategically positioned to keep you in the centre of the city and are designed by a well renowned architectural tycoon Hafeez Contractor. Loaded with all the modern facilities ATS Destinaire is flanked by NH 24 on one side and FNG Expressway on the other side.

 

ATS PICTURESQUE REPRIEVES

ATS PICTURESQUE REPRIEVES - New Project in Noida

Explore the new beginnings with ATS Picturesque Reprieves which is a dream come true for the residents in the society.

Picturesque Reprieves is another synonym for beautifully crafted architectural design. Every part of the residence will find a detailed reflection of the romance of nature and house in harmony. ATS Picturesque Reprieves Sector 152 Noida offers a diverse range of delightful environments in the real estate designed to stimulate emotions and enrich minds with landscaped courtyards, ornamentally crafted railings, stucco and clubhouse.

ALPHATHUM

ALPHATHUM - New Project in Noida - Commercial Property

A Commercial Property with Infinity Pool

At Alphathum, that very courage is our spark for every initiative, be it creating India’s most efficient business towers or creating the blueprint for the physical, emotional and financial well-being of the occupants and customers of our developments. We take pride in our pioneering work processes that encourage all stakeholders to challenge their own preconceived thought process to deliver true value and meaningful interaction between people and with nature.

 

CYBERTHUM

Cyberthum - New Project in Noida - Commercial Property

THE MOST ADVANCED COMMERCIAL SPACE OF DELHI NCR

Cyberthum stands at the cutting edge of technology that drives tomorrow. Part of a 26.8 Acre mixed used development, it is the definition and the benchmark of what tomorrow’s landmarks will be built on.

APEX GROUP

Apex Group - Project in Noida

Apex Group is a leading player among the real estate developers of the nation. Since its inception, the group has always strived for the quality standards, customer-oriented approach, robust engineering, non-negotiable business ethics, and transparency leads to one of the most preferred brands in the real estate industry. With its head office at Ghaziabad (U.P.), Apex Group of Companies has successfully accomplished many residential and commercial projects of large magnitude with “On Time Deliveries.” We have already completed more than 25 Projects and we are still going at very good pace.

GULSHAN BELLINA

Gulshan Bellina - New Project in Noida

A feeling so delightful that appeals to all our senses, a radiance that reflects from within, and a form that’s so extraordinary that it makes one come alive. Such is the concept behind Gulshan Bellina – to bring to you an address that simply redefines beauty. Stunningly refreshing and beautifully crafted, Bellina is the new benchmark of ‘Gorgeous’.

GULSHAN BOTNIA

Gulshan Botnia breathes new life into your life with beautiful lush greens which cocoon you form the world outside in a paradise of your own & 3 BHK residential units for you to thrive in, in Sector 144 on the Noida Expressway.

Interested in buying Commercial / Residential property at best prices? Connect with us now!

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