DLF New Residential Project, Shivaji Marg, New Delhi

To support you in your realty investment decision-making, I am presenting an excellent investment and residential proposition in the heart of Delhi.

I am extremely positive about this investment prospects and excellent livable asset category as there is a huge shortage of high rise condominiums in an integrated township in Delhi.
Delhi residential status is dominated by independent floors which have inherent problems like Parking, power, water and security. The same has created a huge gap for residential gated condominiums complexes and DLF Shivaji Marg shall aptly fill the requirement gap for the same.
The basic factors that make the asset proposition attractive are as follows:

Developer : DLF is an A category developer and has been the front runner since last 6 decades

Prime Location : DLF Shivaji Marg offers excellent connectivity with CBD - C.P.( 5 K.M), Punjabi Bagh (2 K.M), Karol Bagh (3 K.M) and close to the major transportation routes The land is strategically located on the Shivaji Marg-Zakhira Bridge intersection and is just 5 km away from Connaught Place, the capital's central business district (CBD). At present, office space in the CBD costs more than even Rs 50,000 per sq ft in certain cases. Some residential areas in a close proximity to DLF's site include Rajouri Garden and Punjabi Bagh.

Site profile : 200 acres of integrated township comprising of 130 Acres of Compulsory Greens , DLF's proposed integrated township project will be spread over 10 million sq ft of saleable area, comprising 3 mn sq ft of offices, 2 mn sq ft of shopping mall and 5 mn sq ft of residential units. Three Metro Stations in the vicinity of 75 Km to 1 km.

Payment Plan : Expected Price Rs 6000-7000 Psf .Customer friendly Construction Linked payment plan spread over as per the construction progress.

Configuration : Launching only 500 apartments in Phase I Majority of 3 Bed Room Apartments ranging from 1425 Sq Ft to 1525 Sq Ft .26-27 Storey Building.

Booking Amount : Would vary between Rs 5 lacs to Rs 10 lacs

Project Features
Club facility with multipurpose room
Swimming pool
Abundant green areas
Sports facility
1.5 Km from the existing Metro Station
Secured gated community
100% Power backup

Tentative Price List

Type Size (Sq.ft.) Price Per Sq.ft. (Rs.) Amount (Rs.) Booking
3BR-2T 1420 6000 to 7000 7700000 10 Lacs
3BR-2T 1435 6000 to 7000 9800000 10 Lacs
3BR-3T 1450 6000 to 7000 11900000 10 Lacs
3BR-3T 1490 6000 to 7000 11900000 10 Lacs
3BR-3T 1525 6000 to 7000 11900000 10 Lacs

Distress Sales On Anvil,Developers Have Finally Start Lowering Their Prices But Customer Want's More

Real estate developers may have finally blinked and started lowering their prices, but customers aren't buying yet neither their protestations of maximum discounts nor their product offerings.
The findings from two different surveys reveal as much. While DTZ International Property Advisor's Demand Analysis and Real Estate Trends (DART) Survey 2009 focusses on the trends in the commercial office space rental market, property portal Makaan.com's Me, My Home and Property Rates consumer survey looks at the residential segment.

DTZ's research, in fact, reveals why customers are still holding on to their horses. "If you compare today's rentals with the peak values of end-2007 prices are down by 20-25 per cent, with another 10-15 per cent correction expetced this year," points out Anshul Jain, CEO (India), DTZ.

Its DART survey, which covered 48 companies across Delhi, Mumbai and Bengaluru, reveals that 70 per cent of the respondents do not expect the market to bottom out before the next six months-- clearly indicating that they will be driving some hard bargains with the developers for lease rentals. In fact, renegotiation of rentals, by at least 10-15 per cent, tops the agenda of these companies.

Residential property: Roping in the fence sitters How much discount will attract how many buyers?
*21% home seekers expect discount greater than 30%
*23% home seekers want discount between 20-30%
*21% home seekers expect discount between 10-20%
*14% home seekers seek discount up to 10%
*21% home seekers willing to buy even at current price levels

Interestingly, a significant percentage of the occupiers 19 per cent are also using the current downturn in the realty segment to relocate to more upmarket areas that are now more affordable.


Source: Business Today Distress sales on the anvil

NEW PENSION SCHEME (NPS)

From 1st April 2009 onwards, any individual will be able to start a New Pension System (NPS) account and start saving up for a pension. Of course, the system is not just for private individuals, the pension of all central government employees who have joined service after 01/01 2004 are also part of NPS.

The design of the new system is simple. The National Security Depository Limited (NSDL) will be record keeper and six entities selected by PFRDA will be the fund managers. The fund managers will manage different plans that comprise of equity, government securities and corporate bonds. These plans will obviously have different combinations of risk and returns.

The distinguishing feature of the NPS is the amazingly low cost. The annual cost of record-keping is Rs 380, each transaction will cost Rs 6 and the most amazing of all-the investment management fee is 0.009 % p.a. Why is low cost so important? Because the magic of compounding over the long time horizonwill make its beneficial impact magnified massively.

There are some drawbacks to the NPS too. The biggest is that it really is a pension scheme, not an investment. You can't withdraw the money till you are sixty years old, except for critical illnesses and for building or buying one house. Even at sixty, you can only withdraw as cash 60 per cent of the corpus, the rest must be used to buy an annuity. That's not a bad thing by itself.

Aanother big disadvantage of the NPS is that its gains will be taxable. However, this is obviously a blunder on the government's part and one expects it to be corrected if the NPS is to take off at all. Either NPS gains will be made tax-free or competing systems like the EPFO will also be made taxable.

Residential Plot Offered By Yamuna Expressway Industrial Development Authority

Be among the first to own a Residential Plot offered by Yamuna Expressway Industrial Development Authority In NCR Starting Rs 14 lacs


* Scheme open: 02.03.2009

* Scheme Closes:04.05.2009

* Tentative Draw:10.08.2009

Tata to Launch -World's Cheapest Car "Nano" On March 23

Tata Motors Ltd. has set March 23 as the launch date for its 100,000 rupees minicar, about three months behind initial schedule.

Bookings for the Nano -- the world's cheapest passenger car -- will begin in the second week of April, . Booking process and other details will be announced at the time of launch

Nano is likely to be offered to “select customers”, including celebrities, sportspersons and leading politicians as part of Tata Motors plan to re-create the hype and excitement which was there when the Rs. 1-lakh car was first unveiled before the world in the Auto Expo 2008. Tata Motors is still trying to recover from the setback it suffered due to the Singur land row that led to the scrapping of its production facility in West Bengal, which was then shifted to Gujarat. It now wants to make the launch event memorable and historic. Through the grand launch, it also wants to erase the bad publicity that the company and the nation got in the world media due to the land dispute that delayed the Nano launch.

The booking amount for Nano is likely to be around Rs. 70,000. The company has announced the prices of Nano between Rs. 1 lakh and Rs. 1.34 lakh. Initially, the company would take bookings of just one lakh cars as mass production of the vehicle would be possible only by 2010, and till then only 3,000 cars a month are likely to be manufactured.

GOLD MAKES FACES OF ALL INDIANS GLITTER

Here is a good news for India and almost every Indians that in this despair finacial situation of world, the price of gold and silver is shooting up and that benefiting almost every Indian Households . The love of Indian for the bulllion in causing trillion dollar smile on the face of everyone in this gloom and doom senario.

If the flight of money towards gold continue for some more time, nobody should be surprised to see the newer highs for the prices of gold. However with the meltdown in the prices of other commodities , financial assets and real estate, the rise in the prices of gold holds even more merits in the theory of diversification. Holdind asstes across different assets class makes investors sailing through in these bad times and prosper in good times.

Indians by default of their nature do this diversification and who knows God might be Blessings India in emergence of next financial power.....ameen!!!!!

PLOT SCHEME GREATER NOIDA SECTOR-2

Greater Noida Industrial Development Authority announce Plots scheme PLOT SCHEME GREATER NOIDA SECTOR-2 , FEBURARY 2009

Details of PLOTS Given: below:
*SECTOR NAME: 02, PLOT SIZE: 162 Meter, TOTAL PLOTS : 1200, REGISTRATION MONEY : 1,70,100/-
*SECTOR NAME: 02, PLOT SIZE: 220 Meter, TOTAL PLOTS : 800, REGISTRATION MONEY : 2,31,000/-

Application forms can be avilabel from the Bannks given below @ Rs. 1100/- each Cash
ALLAHABD BANK, Sector-10 Noida & MDA Branch Meerut. AXIS BANK, Sector-16, NoidaABN AMRO BANK, Sector-18 NoidaBANK OF BARODA, Sector-Gamma-II, Greater Noida & Sector-18 NoidaBANK OF MAHARASHTRA, Sec. Alpha-I, Greater NoidaCANARA BANK, Gamma shopping mall, Greater Noida HDFC BANK, Darbar lal sharma marg, new vidhan sabha Lucknow.INDIAN BANK, G-41, Connaught Place, New Delhi.ORIENTAL BANK of COMMERCE, Sector-20, Noida & Rajnagar Ghaziabad.ORIENTAL BANK of COMMERCE, The Mall Kanpur,STATE BANK of INDIA, K.P.-I Near Kailash Hospital Greater Noida,STATE BANK of BIKANER & JAIPUR, Sec.18, Noida, UNION BANK of INDIA, C-56, A/28 Sector-62 Noida, VIJAY BANK, Sector-19 Noida, BANK of INDIA, Beta-II, Greater Noida, CORPRATION BANK, S-6, Gamma-I, Jagat Farm, Greater Noida. ANDHRA BANK, Sec-19, Noida.

Scheme: Starts from: 17-02-2009,Scheme Close : 16-03-2009Draw Date : June 2009