Indian Property

A luxury residential project by Sobha is launching in Sector 1, Greater Noida West (Noida Extension) , bringing modern high-rise living to one of NCR’s most rapidly developing neighborhoods. Spread across 12 acres , the development has been planned to offer a balanced mix of open spaces, lifestyle amenities, and premium housing. The project features 8 residential towers , each rising to G+45 floors , with a total of 1375 apartments . With only four units per floor , residents can expect improved privacy and a less crowded living environment. All floors are supported by 3 high-speed elevators and 1 service lift , ensuring easy and efficient movement within the towers. Strategic Location in Greater Noida West Sector 1, Greater Noida West—commonly known as Noida Extension—is now a preferred destination for homebuyers due to its excellent connectivity and growing social infrastructure. The project benefits from close proximity to: Knowledge Park & IT hubs Gaur Chowk Sector 7...

Godrej Sector 146 Noida is a prestigious residential project developed by Godrej Properties in the heart of Noida, India. It offers luxurious apartments, world-class amenities, excellent connectivity, and a commitment to sustainability. With a focus on quality and exceptional living experiences, this project presents a unique opportunity for comfort, convenience, and a remarkable way of life. Ultra-Luxury Apartments by Godrej in Sector 146 Noida Project: Godrej Tropical Isle Status: Pre-Launch Project Sale Open: Awaiting Legal Approvals Apartments: 3BHK & 4BHK Apartments Inaugural Price: Rs 2.99 Crore* Onwards Click here for details and brochure  »   Spanning a sprawling 12.4-acre land, Godrej Sector 146 Noida seamlessly integrates open spaces, greenery, and modern luxurious homes. With a variety of apartment options available, including 3BHK and 4BHK units, the project is meticulously designed to cater to the diverse needs and preferences of its residents. The apart...

By Ashwinder Raj Singh, CEO – Residential Services, JLL India The luxury segment in the Indian real estate sector is an ever-evolving one. Everything that money can buy is now being made available to buyers who want to live life king size. Sky villas are one of the latest developments on this front. The concept is not new, but borrowed from the more evolved western real estate markets. It has been around in the country for a few years now, and it has gained wide-spread acceptance in recent times. What Is A Sky Villa? Villas and penthouses have for long been marketed to HNI home buyers, but sky villas combine the benefits of both penthouses and villas - along with some additional unique features. Unlike a villa, which is basically a standalone bungalow or a penthouse which is just an apartment on the top-most floor of a high-rise, a sky villa is a humungous multi-level apartment which often covers 2-3 floors. It combines the luxuries of a sprawling bungalow with the advantag...

by Santhosh Kumar, CEO – Operations & International Director, JLL India For the last 3-4 years, residential real estate market has seen sluggish demand, which has caused the unsold inventory levels to go up in some of the key Indian geographies. Supply/demand mismatch in terms of price and configurations has been the main reason for the rise in inventory levels. From developers’ point of view, this has eventually resulted in: 1. Correction of prices in many markets in order to improve sales velocity of unsold products 2. Increased project launches with the right configurations to cater to existing demand Interestingly, 2016 had started on a sunny note. The residential real estate market, which had witnessed a slump in project launches in 2015, showed a visible comeback in the first quarter. There was a six-fold increase in launches of the affordable housing projects, as developers predicted greater demand in this highly price-sensitive segment. One way or the other, factor...

Mumbai, 21 January 2016: International property consulting firm JLL India has partnered with RICS to publish its latest real estate research report on Capital Market trends in the Indian Real Estate sector. The report 'Peering into 2016: Taking Pulse of Investor Preferences' tunes in to the voice of the investor community to gauge the investment patterns and key investment themes in the Indian real estate for 2016. According to Ramesh Nair, COO & International Director, JLL India: "Private Equity capital has been instrumental in propelling the real estate boom in India, but it is a sector where banking finance has had its own restrictions to cope with. After a relatively muted CY 2013 and CY 2014, PE investors increased their bets into the Indian real estate sector significantly in CY 2015. This report examines the motivations and expectations of PE funds who are now actively ramping up their exposure into this sector." JLL carried out a survey of ...

By Anuj Puri, Chairman and Country Head at JLL India JLL Research’s latest report ‘Is Indian Real Estate Heading Towards A Tectonic Shift?’ examines the transitions that India’s real estate has undergone over the past decade. Among the major trends is how developers have been decreasing apartment sizes to suit affordability of buyers. Builders are exploring innovative ways to make residential housing across major cities more appealing to potential buyers at a time when it is increasingly becoming difficult to sell expensive apartments. Around the country, builders are emulating the famous sachet marketing strategy adopted by FMCG companies in the late 1990s. Unable to sell expensive homes in a sluggish market, builders across India are making smaller apartments without lowering the price per square feet and compromising on the quality of product. In the last five years, average apartment sizes falling across all major cities of India. The following chart shows the varying degree...

By Ashwinder Raj Singh, CEO – Residential Services, JLL India If you have some surplus funds and are looking to invest in a property purely for generating rental income , your chance for better yield requires you to educate yourself about the right opportunities and avoiding the wrong one properties. You should also know how the different rental markets (read ‘cities’) are performing across the country, and how you can make your potential rental income grow faster than the market trends. But first, you need to understand how the rental property business works in the first place. A central concept here is rental yield. Rental Yield What is rental yield of a property? In simple terms, rental yield is the ratio of annual rent of a property to the total cost of the property . For example, if your annual rental income is Rs. 1,20,000/- and the value of your house is Rs. 50 lakh, the rental yield will be 1,20,000/50,00,000, or 2.4%. Rental yields vary across the globe, but an a...

By Ashwinder Raj Singh, CEO – Residential Services, JLL India The southern neighborhoods of India’s primary cities have always been the poshest, going by the historical evidence. Quite an interesting thing to note, but it stands true nonetheless. These have been most desirable locations for high networth individual home buyers. Such localities have housed the Who’s Who of the city in the past. This phenomenon still continues. However, over time, other areas are competing with these legacy locations and attracting the younger nouveau riche. Most metro cities are seeing the change in preference for location among the affluent class. Extremely limited new supply of residences in prime neighborhoods is the most influencing reason of for HNIs looking at other areas for luxury homes. Considering all aspects, JLL has identified twenty submarkets as the preferred upmarket residential hotspots across the top cities in India. According to JLL India's assessment, these locations of...

Ajnara Group is coming soon with Ajnara The Belvedere in Sector 79, Noida, a high-end society, offering 3/4BHK apartments and villas. Ajnara Belvedere will have 3BHK and 4 BHK apartments from 1400 Sq Ft to 2600 Sq Ft. The new project is located on a 130-metre wide road with 6-lane FNG Expressway and upcoming metro connectivity adding to its location advantage. The Belvedere in Sector 79 Noida will offer big, spacious apartments that are designed lavishly for a luxury lifestyle. The Belvedere Sector 79 Noida is well equipped with all sorts of amenities including the comfort of swimming pool, gym, Wi-Fi connectivity and much more.  Ajnara Belvedere: Luxury Housing in Noida The Ajnara Belvedere project is spread over 7.5 acres of land with tentative apartment sizes as follow: 1400 SQ.FT (3 BHK + 2 TOILET ), 1550 SQ.FT ( 3 BHK + 3 TOILET ), 1800 SQ.FT ( 3 BHK + 3 TOILET + SEVANT ROOM ), 2600 SQ.FT ( 4 BHK + 5 TOILET + SERVANT ROOM ) The towers in the residential projec...

By Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India  In India, the concept of branded luxury homes is only two or three years old. Growth of this segment could be pegged at roughly 5-6% per annum, owing to the fact that it is a very exclusive niche category with a restricted number of buyers. The basic premise behind branded residences is that the developers of such projects tie up with international luxury hospitality or lifestyle brands to create unique and highly differentiated offerings. As in all new business segments, there was no specific pre-existing demand for such homes - the mind-set of the target audience first needs to be primed to create demand, as supply will only follow demand. This process is happening with a fair degree of success in cities like Mumbai, Pune and Delhi NCR. Branded luxury homes bring various advantages beyond a designer label and location with them. They boast of professionally designed interiors and exteriors, highly evol...