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Out of the Box.....
2008-02-20 11:24:00
I guess my dear friend - Nancy ( Realty Rider- the owner of the blog) has done a lot of talking about the Indian Real Estate sector.She has been into the Real Estate Consultancy profession for more than 7 years. The effort put in by her in pointing out each and every factor which affected this sector and has been responsible for ups and downs in the sector is commendable.The other day i was searching for all these factors on various media channels available on the online world.I could make out that there are few common factors which have been revolving around all the content generated by various users.I asked Nancy to look out for something new which can make your readers and fans thrilled. I guess you support my view point...Do you ???I guess a lot many people write the same thing keeping in mind the keywords which are being searched the most on popular search engines.They i guess do it just to make their article search engine friendly and to drive maximum traffic.Well forget it...

Relation between Real Estate and SEN SEX ? Does it really makes SENSE ?
2008-02-18 07:12:00
Sensex has a direct impact on the liquidity and sentiments of the average home buyer. Some anxiety has been found among the home buyers due to the fluttering of the stock market. If the downward trend in the stock market is accompanied with a fall in Sensex one may conclude real estate an asset class. The stock market has driven the ownership rate at its peak in the history and the sales of apartments have also gone up tremendously over the past few years. Many people have been able to afford more expensive houses than they previously would have purchased. This way stock market has boosted the demand for housing. Economists are concerned about the tightening of interest rates which may arise if the market continues to grow at same pace. So many expect the interest rate to soften a bit in the future. The present market is dominated by actual users, Non-Resident Indians who are looking to buy property as first homes. It?s observed that matured investors and home buyers don?t invest...
More About: Sense , Estate , Real Estate , Real , Sensex

Is there something for the Real Estate this budget?
2008-02-15 05:57:00
Indian Real estate sector which is at its peak these days has become one of the largest employment generating industry in India is awaiting for the Union Budget for various issues like simplification of income tax structure, service tax reduction and FDI-related issues clarifications.The real estate industry is deeply intertwined to the finance minister?s policies. Experts and key industry analysts predict that the industries plans in relation to sectoral concepts such as rental housing, and real estate investment trusts (REITs) to make housing more affordable for common man and help the industry raise more funds will rely a lot on the policy initiatives.There is a demand for a new income tax provisions governing the real estate sector by the Confederation of Real Estate Developers? Association of India (CREDAI) .The CREDAI has also asked the government to have a look at reducing taxations at Centre and state governments.Industry experts suggest the lowering of the threshold of FDI ...
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Do Blogs help much or informative seminars?
2008-02-13 08:03:00
Lately in my few of the blog posts I have mentioned quite a lot on the Indian real estate scenario. I also discussed few of the properties which I felt were good to be a part of one?s Real Estate portfolio, discussions on the right time, right place and the nature of property (residential, Commercial, Industrial etc) which one should go in for, how one can raise extra margin by flipping properties, the Indian stock market and the fluctuations in the fed rate and US economy affecting the Indian Real Estate sector. I also made it a point to mention the benefits of investing in the Indian Real Estate market instead of investing in some other developing or developed country. It was a highly appreciable effort from my friend Nikhil?s end who gave insights on the leasing market and shared few of his experiences. The mentioning of the revolving of Black Money in the economy as well as how the boom is getting spread to the tier 2 and tier 3 cities in India. The list is really long?if we tr...
More About: Seminars , Blogs , Informative

EmaarMGF withdraws IPO
2008-02-11 12:01:00
Emaar MGF, the collaboration of Dubai based Emaar Properties and India based MGF Development Limited announced on the 8th February 2008 to withdraw the IPO just before a day of closing day .It was the second IPO withdrawal in just 24 hours that happened first time in India stock market. The Health care serve provider Wockhardt Hospitals had earlier withdrawn its IPO on Thursday . ?The company decided to take this step as a result of the prevailing adverse market sentiments, fuelled by renewed indications of a US recession and global meltdown.? EmaarMGF, whose IPO opened Feb 1, had to cut the offer price twice following weak response from the investors. However, EmaarMGF remains committed to executing its projects in hand and is well funded to ensure that this delayed IPO will not hamper its growth plans. The company expects to return to the market at a later date when sentiment and liquidity conditions are better Some bankers and investors believe that these decisions of IPO ...
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Flipping properties for Fast Real Estate Profit
2008-02-08 12:43:00
One of the common thing when it comes to real estate investment is known as 'flipping' properties. All This works by buying properties that are in raw shape and need some sort of furnishing or renovation or repairs ,It usually happens by getting that property renovated doing the work, and selling the same property for a much greater price. Most of the times this brings in a significant amount of profit in a short span of time. This is the case with many big time investors who attempt to flip properties but one needs to take more pain than what one can think of.Sometimes the story goes the other way round and the investor ends up losing his money.If one is considering a future in real estate investing, this is one of the quickest ways in which financers can get good return on their investment.Experts have called it as one of the shortest and quickest way of getting good return.But If we talk about the present Indian Real Estate situation there is a cut throat competition for the un...
More About: Real Estate , Profit , Flipping

DON'T OVER PRICE YOUR RENTS!
2008-02-05 13:07:00
Recently i got a call from Realty Rider (the owner of Realty Digest Blog). I was asked by him to share my opinion on rental trends in my area.Easy enough to say, but for some landlords, the greed in squeezing out an extra Rs.1000 can be costly!Tenants know the ?true? market value in rents. If you price it just Rs.1000 over, its amazing how hard it is to get good tenants.I?ve been watching a house in my neighborhood for about two months now. Its real nice and its exactly the same floor plan and square footage as the house that I am currently living in.I am under contract on new construction and plan to close in October 2008, so I?ve been using the house down the street as a data point to compare. However, I fell off my chair when I found out that they trying to rent it out for Rs 25,000 a month! I priced my out at Rs 22,000. And sure enough , its been months, and this place is still not rented. It appears that a professional company is advertising. If I was the owner, I woul...
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Indian Real Estate- the way ahead
2008-01-30 13:50:00
I was looking at impact of slowdown in the IT/BPO sectors in the last few quarters in India and consequent drop in the market cap of these companies.Since both commercial(office) realty as well as residential realty demand depends on growth and expansion of BPO/IT businesses apart from other factors,there can be 'corrections'and may be drop in demand in both these segments.If Re-$ exchange rates continue to drop,there will be added pressure on IT companies.In the residential segments,pick- up in retail by end users in this festive season has been weak,and promoters are with unsold inventories/booking,delaying their fund deployment plans - this is true for North and the East.Last six months many of the promoters found large no of cancellations leading to refund pressures.Many top realty players are keeping on hold things like senior level recruitments and even land acquisition.Recent trend of many realty players diversifying to areas like telecom,education etc actually points out t...
More About: Estate , Real Estate , Indian , Real , Ahead

How to invest wisely in the Indian Real Estate Market
2008-01-28 13:53:00
In the beginning of the 2008 the stock market behaved in a very unpredictable way. The market went up, down making all experts? prediction wrong. After the tremendous success of last year?s Road Show of Indian Property in US This year Axiom Estate is organizing a seminar on 'How to invest wisely in the Indian Real Estate Market ' in Santa Clara (February 2), Chicago, Seattle, Long Island, New Jersey and Toronto. The seminar 2nd February, 10th February and 16th February Here is the seminar schedule: Place Date Venue Santa Clara 2nd February, 2008 Santa Clara Convention Center 5001 Great America Parkway, Santa Clara, CA 95054 Chicago 10th February 2008 Waterford Banquets 933 Riverside Dr.Elmhurst, IL 60126 Tel: 630 279 0270 Long Island Seattle 16th February 2008 16th February 2008 Long Island Marriott 101 Jame...
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Bloodbath.....
2008-01-25 06:47:00
There were two trading days that investors will take a long time to forget. Fears of recession in the US becoming a reality saw global indices tumble. The worst to get affected in this mayhem was the Indian stock market.The bears went berserk on Dalal Street creating panic to such an extent that trading in Bombay Stock Exchange?s benchmark Sensex was halted briefly.Realty, oil & gas, banking metal and capital goods counter were the worst hit in today trade and the midcap was also badly hit.Since amongst the badly hit funds , realty funds were also their the India real estate market is also in question.With the fears of recession in the US, the Indian real estate market might also see a slum.Can anyone predict that.What affect this bloodbath at Dalal Street will have at Indian Real Estate Market.Expert comments are welcome.
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Innovation ? The need of the hour.
2008-01-23 06:18:00
People who are marketing their products are fighting hard to promote their brand and prove it to be better than competitors. In every sector the customer looks in for much more than what was being delivered last time to them. There is always a demand for something new. That?s the reason why every marketer is busy exploring new things and trying hard to be an opportunist. The Indian real estate market has also seen such types of situations where real estate developers have tried and tested new techniques for marketing their product.The new marketing strategy followed by Mr Sumit Dabriwala, a Kolkata-based developer is a good and a new step which no other developer has done so far. He has collaborated with Home Solutions Retail (a Pantaloon Retail subsidiary). FH Residences is the joint venture named as. Mr Sumit Dabriwala is looking to market its 2 & 3 bed-room "walk-in" apartments through Future Group stores such as Big Bazaar. Home Solutions Retail will provide the brown and wh...
More About: Real Estate Marketing , Innovation , Hour

Spill-over effect on the Tier III and IV cities
2008-01-18 10:37:00
Widespread economic activity and rampant urbanization has led to the transformation of smaller towns and cities into vibrant growth centers The tier III and IV cities have been demarcated based on per capita income levels, infrastructure, and population base.These cities are state capitals and other commercially important cities that are experiencing improving quality of life, infrastructure thrust, and positive economic sentiments. The improving economic conditions have impacted the demand for residential, commercial, entertainment and hospitality sectors and this has led to considerable alteration of the real estate landscape of these cities. The change has attracted many national as well as foreign developers to these small towns to offer lifestyle-oriented services and products. While the residential sectors in these cities are on an upswing, most of the smaller towns are yet to have an organized or defined office and retail market. The accelerated pace of urbanization has alr...
More About: Cities , Effect , Tier

Chennai- the real estate boom
2008-01-09 12:57:00
Chennai the fourth largest metropolitan city in India is a major trade centre, well linked by road, rail and air to important cities besides being a seaport. Dubbed once as a sleepy and slow-paced city for long, it is today abuzz with activity in business, industry, entertainment and leisure. Big names like Ford, Hyundai, Hindustan Motors, TVS, Ashok Leyland, MRF, etc.opted for the city. Recently, BMW has opted for the city to set up a car assembly plant at the Mahindra City and Hyundai has decided to put up a second plant near its existing facility on the outskirts of the city. Leather, biotechnology, floriculture, horticulture and construction industry are the potential growth areas in the state in future with IT industry. Chennai has traditionally been the hub of economic, geographic and political activities of south India. Its economy is well balanced with the info-tech , entertainment, industrial and other service establishments playing equal role in city's growth. Unlike ot...
More About: Estate , Real Estate , Chennai , Real , Boom

Black Money - The key driver
2008-01-07 13:29:00
Day before yesterday I was searching on the rise in black money in Indian Economy From what I searched: One thing that?s common to most cases with the black market is the real estate sector. Huge amounts of black money has been pushed into Indian real estate. And now a lot of money/surplus has been an impetus for prices in the real estate sector to rise. Even though the price could be paid in cash as in the market value of the property, in order to avoid taxes on stamp paper or other govt levied taxes one would deal in black money, their by fuelling the demand for "hot" real estate properties.Increase in prices of real estate means more demand for sectors/products/services related to realty. Like steel,cement and credit. As quoted here "A lot of distortions exist in Indian economy due to tax evasion and black money, etc. Real estate is the safest and best place to park black money" Also my dumb reasoning: If there is huge amount of black money in the system it means that the govt. w...
More About: Money , Real Estate , Driver , Black , Black Money

2008- Indian Real Estate -Boom or bubble
2008-01-03 12:55:00
Forecasting future is called speculation. In real estate business forecasting on future property prices and cashing on it is profitable and it can be risky too. Extra caution is required from the beginner?s end. Taking advice from other investors and well renowned Real Estate consultants will also help minimize mistakes. Following tips can help in going smoothly. If you are planning to invest and speculate for a higher price then need to look around the neighborhood of the property you are investing in. Try to find out if any development in near future could hike the value of the property.Think of buying the property only if you want to hold for an indefinite period.Plan wisely. Weigh the risk and calculate profits deducting all the taxes and fees that you would have to pay until the property is all yours.Resist temptations of selling it early at the rise of prices. Do not wait for the price to rise to the highest point. If possible go for investi...
More About: Real Estate , Indian , Boom

High Rental Rates - spoilsport for big corporates
2007-12-28 08:43:00
There are many factors which need to be considered when calculating how much rent to charge. Choosing the correct price means you get the most rent for your property ? (Residential / commercial) without scaring away potential tenants by overpricing. Location: The real estate advantage "location, location, location" applies equally to rental values as to selling values. In other words where your property is located well, to a large extent, determine how much you can realistically ask in rent. Its proximity to desirable venues such as Major bus terminals, Railway stations, national and international airport, universities/colleges or sporting/special events will impact on the demand and therefore the rental value. The real estate rental trends in the commercial sector are momentous as the key tendency among the investors is to rent a commercial space instead of buying since it facilitates low risk and less worry on maintenance. Commercial Rental s including corporate office spac...
More About: High , Corporates , Rates

Noida - Paradigm Shift
2007-12-26 06:02:00
With property boom spreading in all directions, real estate in India is touching new heights. Noida ?s story is something which we can?t afford to miss out. The real estate in Noida is hitting the sky, which is due to a large migration of people from Delhi who are being bullish to make it their home. New Okhla Industrial Development Authority (Noida) is known to be the largest industrial town of Asia, but now it has undergone a paradigm shift in the last few years. Being a part of Uttar Pradesh, Noida cannot be spared from the problems prevailing in the state. Despite all, the individuals who have shifted their base to Noida witness to live a splendid life. And today with one more reason for all the real estate players in Noida is none other than the proposed second international airport at Greater Noida. The development is likely to give a push to prices of residential and commercial property projects in twin cities of Noida and Greater Noida. One of the upcoming projects in this pl...
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New Property Developments in Pune
2007-12-17 13:50:00
It?s a known fact that India Real Estate sector is booming and it has provided innumerable opportunities for investment throughout the country. All throughout the country, whether it is the metropolitans or the two or three tier cities are exploding with commercial high rises, residential townships, industrial parks and shopping malls.Where should we invest ? Everywhere this question is being asked. Flying high on the wings of booming real estate, property in India has become a dream for every potential investor looking forward to dig profits.Investing in Pune for the medium-to-long term makes the most sense in today?s real estate scenario. For the perfect portfolio, one should concentrate on the more developing areas that still feature competitive rates. The safest and most potential laden investment opportunities in Pune today lie in its townships, as they provide highly saleable property with the right mix of basic amenities and add-ons. The hottest investment destinations in Pun...
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Go Goa....
2007-12-16 21:24:00
Most of us wish to own a home by the sea, where both Indian and International tourists enjoy the laid back lifestyle all the year round. Goa real estate has proved to be a hot cake amongst NRI?s - property prices in Goa have skyrocketed, new projects are being developed by big Real Estate builders like DLF , Parsvnath.The Goa property market is changing leaps and bounds and has indeed come of age. Panjim, Mapusa and Calangute Beach have emerged as leading real estate hotspots in Goa. Villas, row houses, lifestyle apartments and shopping arcades are mushrooming all across.Just at a few minutes drive from the world renowned Calangute, Baga and Candolim Beaches, a new project from White Square Nirvana has come upWhite Square Nirvana offers niche homes near some of the most widely known beaches of Goa.This project is positioned such that is away from the hectic city life and has a serene appeal to it.

Ghaziabad the place to be.
2007-12-10 12:58:00
Remember the story of the ugly duckling, who was jeered and laughed at, only to grow up into a beautiful swan? That in a nutshell is the story of Gurgaon, Noida and Ghaziabad as well.Few years back the Ghaziabad was a small place with not much of development happening.But not anymore the skyline of the Ghaziabad region has changed remarkably in the last two-three years.The city has been blessed with some amazing malls,multiplexes,amusement parks, and the entertainment hubs and plethora of well planned townships.Every big brand hastens to have a presence in that region.Small wonder then that the rates of both commercial and residential properties over here have skyrocketed. Indirapuram alone has registered 75%-80% appreciation in the last two years.Strategically located between three cities (Delhi,Ghaziabad and Noida),infrastructure is supposed to be its biggest strength. It also explains why the group built Shipra Mall in the area, which is now one of the largest malls (450,000 sq f...
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Americans like investing in India.
2007-12-05 12:35:00
American investors as a safer bet are pouring in their money in India n property market. In an article in one of the economic daily, many large American funds have invested in the Indian Real estate market in past. The best part of these funds is that they have been able to earn expected returns. The mid sized funds are now experimenting by investing in the Indian real estate market. The past experiences of American funds investing in India have proved to be an attraction for more people outside India.
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North v/s South ? the realty market war.
2007-12-03 10:16:00
?South is a relatively better market than North ? ? says a research report by the global financial services Citigroup. In an article on one of the leading economic daily, Southern property market is a better player than the North based on parameters like price environment and demand potential.Cues could be taken from the fact that massive real estate projects are coming up in smaller cities like Kochi ? apart from metros lie Chennai and Bangalore However, one of the major North Indian real estate player ? Parsvnath Developers believes otherwise. According to their chairman, per capita income of North is more than South, so is the demand of end users. Afterall, this claim is backed by many mega projects in Mohali, Gurgaon and other major centers. Yet again, there is a competition for the top slot ? not just amongst countries but within different regions of the country. As long as the competition is healthy, who?s complaining? It will further streamline the whole real estate market ...
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Greenwood Elements ? closer to the elements
2007-11-28 09:03:00
Kolkotta is known as the city of joy. The Howrah Bridge, a very rich cultural heritage, Book shops, coffee houses and fish fry?the city has a unique ?old world? charm of its own. With India taking huge steps forward, this metro city is keeping up in terms of financial and realty boom. One of many upcoming projects is Greenwood Elements ? a project of Bengal Shrachi Housing Development Ltd. With a green area spread across five acres in New Town Rajarhat, the Greenwood Elements is a nice blend of simple structural module and natural elements. Designed by well known architect ? Ajoy Choudhury, the Greenwood Elements boasts of 50% of the total area being covered with extensive landscape greenery. The six towers of the project encircle a central court which houses a club, shops and a swimming pool on podium level. From mirror finished vitrified tiles in rooms to ceramic tiles on kitchen floor, from pile foundation to glazed aluminum windows ? each and every aspect of modern day living...
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Good News: Real Estate Investment Trust
2007-11-22 13:18:00
India?s fast-growing real estate sector will soon witness the entry of real estate investment trusts (REITs). According to an online report, The Securities and Exchange Board of India (SEBI) chairman, Mr. M Damodaran said that SEBI has initiated the process to introduce REITs and will shortly come up with the first set of proposals on the same. SEBI, (aka the Market Watchdog) has already started consultations with stock exchanges to see how quickly these new products can be introduced in the market. A real estate investment trust is similar to a mutual fund. Pooled in investors? money are invest in buildings and houses that generates income in the form of rent from real property or interest from mortgages. Another leaf added to the dream run of Indian real estate companies
More About: News , Estate , Real Estate , Real Estate Investment , Investment

5 reasons as to why Indian Real Estate boom is here to stay.
2007-11-21 12:54:00
Despite the slowdown in other real estate markets around the world, Indian Real estate growth is likely to continue its healthy run for the years to come. According to an expert article on the Internet, (Indian) real estate industry is booming and can only flourish.1. The rapid urbanization of Indian cities (2.5% per year) has lead to an estimated shortfall of 20 million accommodation units. Therefore, requirement for residential realty will continue.2. A booming economy and liberalized Foreign Direct Investments (FDI) regime in India is seen as a great investment opportunity by global investors. Economy growth rate in the 1st quarter was 9.3% against 9.4% last year. 475 billion dollars which is required in the next five years to upgrade its infrastructure is very much possible3. India?s legal system is considered stronger and safer than that in certain emerging markets. This has drawn the heavy weight investors to India.4. India has a young profile today. Half of its population is ...
More About: Estate , Real Estate , Reasons

Indian Property Market ? what lies ahead.
2007-11-19 08:18:00
A few quick facts about the country:India is the seventh largest country by geographical area, the second most populous country, the most popular liberal democracy in the world, fourth largest economy in the world and the second fastest growing economy. Some 80,000 Indian s today have liquid assets greater than 5 crores and this number is increasing by 13 % a year. Among other things, one of the noticeable recent developments has been in the field of Real Estate. The country?s consumption-driven growth of economy and emergence as a hub for global outsourcing is contributing to its new found real estate investment image. According to well known source India?s large cities boasts 400 -500 house listed at 5 crores+. Upcoming glitzy shopping malls, entertainment centers, luxury hotels and multiplexes, premium housing solutions validate this. Foreign Investment in various sectors like Wal Mart in retail is already fueling the demand for commercial property. Earlier, when India was a...
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Major slice for India in StanChart fund
2007-11-16 06:32:00
Standard Chartered is launching 2 billion-dollar Asian fund according to a report in The Economic Times . Half of it is infrastructure fund with IL&FS, while the other half is set aside for real estate fund with an undisclosed Middle East partner. Speculations about Isthimar ? a Dubai based investment firm are making rounds.According to the report, a major chunk of the mega fund should find their way into India ? one of the strongest performers in this field. This is good news for the Indian government who has pegged infrastructure funding needs at 500 billion for 2007-2012. About 30% of it is expected to come through private funding.StanChart apart, ICICI bank ? the second largest bank in the country is also joining the fray with a similar fund, so are other global firms like Citi, Axis Bank, Blackstone and 3i.
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The Villas ?High life.
2007-11-12 13:03:00
The high demand of premium housing solution in Punjab, especially Chandigarh, has a proportionate relevance to the huge NRI community belonging to this rich state. A significant section living abroad in UK and the US, are eager to invest in real estates projects and properties in Punjab for the twin advantage it offers ? a risk-free investment option and the desire to own profitable assets in their homeland. For those on the lookout for fresh investment opportunities, The Villas , located in Mohali, Chandigarh, offers a lucrative and valuable option. Mohali Hills is a secure 3000-acre environment with luxury villas, apartments, terraced town homes, golf courses, leisure and shopping options and much more. "The Villas" at Mohali Hills promises to be a perfect blend of charm and character.The project has three distinct villa architectural styles - Andalusian, Spanish, and Mediterranean. Each villa boasts of a signature lifestyle with the finest of luxuries. From treated water supply to...
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Tiger outsmarts the Dragon!
2007-11-08 09:04:00
With $ 10 billion Private Equity investment so far, India emerged as the new leader bettering China?s $ 8.3 billion. The report shows a steady rise of India's performance, that was 2 billion in 2005 and $ 7 billion in 2006 against China?s $ 13 billion the same year. But how does this news matters to a real estate blog? ?read on Out of the $10 billion PE funds, half of it came from real estates and infrastructure sectors. Real Estate is clearly the favorite segment with a whopping 26% share in all private equity investments. Here are the numbers: $2.6 billions in 32 deals.With a bullish market, and people seeking to diversify in less risky portfolios like Real Estates, this number is slated to go further up.
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Palm Drive - I?m coming home
2007-11-07 10:34:00
In recent times, we have witnessed a steep rise in demand for premium housing solution. Especially in places like Delhi and NCR region that plays host to innumerable MNCs, demand for stylish premium apartments, beautiful spacious villa and sky terraces are at an all time high. Among many upcoming premium solutions, Palm Drive ? an undertaking of Emaar MGF deserves a special mention. It?s not just wide range of amenities like club house, golf course, swimming pool, gymnasium, tennis court, Jacuzzi, multi-purpose function hall, that sets this project apart. Neither does its strategic location (4-5 KMs from Rajiv Chowk, 15 - 20 minutes drive from International Airport) have to do anything for it being called ?special?. What set the Palm Drive apart from the clutter is its green sanctuary setting. The project features landscaped balconies, roof gardens and pocket gardens. High ceilings and lavish interiors coupled with attractive natural exterior gives an exhilarating experience. Am...
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