Developers today are offering discounts, freebies and value add items. This includes discounts in values, freebies in amenities like discounted parking space or lifetime club membership, value adds like providing interiors and ready-to move homes at little discounted rate.

  

Discounts would mean reduction in the upfront money the customer would be paying to the developer.

  

Discount in parking spaces would mean anything between Rs 10,000 to Rs 20,000. Values add interiors will include goods like fans, wardrobes and so on. Ram Yadav, head of a finance company says, "It all depends on how you position your project. Builders are trying to put together all these three elements for their customers, but again, it is not across the board."

                                                                Courtesy:- ET dtd:- 22nd August 2008

 

Mumbai's New Corporate Destination
 

As Mumbai's most expensive corporate address, the Bandra-Kurla Complex, better known as the BKC, has been making news recently, courtesy the regularity of its record-breaking property deals. With big-ticket players like ICICI, BoB, SBI, NSE and UTI making their presence felt, it is also the city's new financial nerve-centre. And this may well be just the beginning as m

Mumbai's New Corporate Destination
 
As Mumbai's most expensive corporate address, the Bandra-Kurla Complex, better known as the BKC, has been making news recently, courtesy the regularity of its record-breaking property deals. With big-ticket players like ICICI, BoB, SBI, NSE and UTI making their presence felt, it is also the city's new financial nerve-centre. And this may well be just the beginning as more corporate and realty majors line up to get a piece of this prime real estate in a land-starved city.
 
Rajesh Kulkarni
I t has been more than a decade since the Maharashtra government pegged the Bandra-Kurla Complex (BKC), as Mumbai's new Central Business District (CBD), but it has taken the turn of the new millennium and the relocation of financial sectors giants like the Bank of Baroda, ICICI, National Stock Exchange, SBI, BoI, ILFS and UTI, which moved their headquarters here, for BKC to justify this title. The past year has seen this commercial hub witnessing some stupendous action on the realty front with property deals being struck at record-breaking prices.
                                                                                    Courtesy – realty plusore corporate and realty majors line up to get a piece of this prime real estate in a land-starved city.
 
Rajesh Kulkarni
I t has been more than a decade since the Maharashtra government pegged the Bandra-Kurla Complex (BKC), as Mumbai's new Central Business District (CBD), but it has taken the turn of the new millennium and the relocation of financial sectors giants like the Bank of Baroda, ICICI, National Stock Exchange, SBI, BoI, ILFS and UTI, which moved their headquarters here, for BKC to justify this title. The past year has seen this commercial hub witnessing some stupendous action on the realty front with property deals being struck at record-breaking prices.
                                                                                    Courtesy – realty plus

CHANDIGARH Real Estate
Chandigarh is one of the hottest destinations from all real estate perspective. It has been recently voted as the 'best city to live in' by a popular magazine. Chandigarh deserves this tag for many reasons
1. Well planned infrastructure - Chandigarh is known for its architecture, wide roads, well-spaced out lanes and ambient environment. The expansions and extensions to various sectors are always well-planned.
2. Strategic location - The city is administrative, political and cultural nerve centre for Punjab and Haryana. The city has the magnanimity of a big city but still retains the coziness of a small town. It is also the gateway to north India. It makes lot of strategic and business sense for all firms to have their outlets/offices in Chandigarh.
3. New Developments - Chandigarh is opening up to the real estate changing trends. The city had just opened Rajiv Gandhi Chandigarh Technology Park. This park, perk over an area of 111 acres, is a destination for top IT/ITES/BPO companies.
Chandigarh is known for its kothis. Traditionlly, people usually build huge, lavish, palatial houses known as kothis which are 2-3 storey tall multi-apartment structures. Now, Chandigarh is shrugging its 'uniformly-developed-city' tag to pave way for new segments like luxury homes, studio apartments and individual flats. The traditional residential sectors like 21, 22, 24 are witnessing remodeling of traditional 'kothis' into individual flats.
Also, new constructions in neighbouring areas like Panchkula, Mohali and Zirakpur are witnessing a boom in the demand for individual housing as compared to the composite 2-BHK or 3 BHK. This demand has been fuelled by the migratory population. The city's is no longer an abode of the retired army people. In fact young professionals and students from nearby areas of Punjab, Haryana, Himachal Pradesh and even Delhi flock to Chandigarh in search of better lifestyle and good infrastructure at affordable costs.
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