Tuesday 22 January 2013

Booming Hub for Real Estate- Noida

In recent years, Indian real estate has seen tremendous growth. While the Delhi-NCR has emerged as the centre of this growth and development,  Noida holds a special significance. One of the largest Industrial Townships of Asia, not very far from Delhi yet away from the dirt, grime and pollution, part of the National Capital Region, Noida is the industrial fairy land of the nation. New Ohkla Industrial Development Authority - NOIDA is one of the largest planned industrial townships of Asia. Unlike many other industrial areas, infrastructural facilities in this area have well preceded development.
Real Estate

With Noida, becoming the centre of residential and commercial activities, the real estate investors are lapping up the opportunity to become a part of the Noida growth story. A mad rush of property buyers are looking for the right opportunity to invest in residential projects, with many world class brands and companies setting up base here. Many established names among the Builders And Developers have started world class projects across the city out of which many are finished and rest will be completed in the coming few years. Property buyers looking for quality accommodation combined with basic amenities like parking, security, connectivity, accessibility, etc. need not look any further. Properties in Noida promise all this and much more.

Real Estate In Noida is considered a precious commodity because of a few very obvious reasons. One of the most important and the foremost reason is its proximity to the National Capital. Other reason why Noida has emerged as a real estate hub is the rapid pace of development happening here, be it the expressways like – Yamuna Expressway, Noida-Greater Noida Expressway, etc. or the Delhi-Noida Toll Bridge that promises rapid transit and easy connectivity to Delhi and nearby regions. Another factor that has greatly worked in the favour of the Noida and its subsequent development in the recent years is the setting up of prominent conglomerates in the region. The job opportunities and investment options have further spearheaded the Noida success story.

The future of Noida as a real estate hub is shining bright. With a very active participation in the development of the city, Cosmic Structures has evidently come up with major projects in the city. One of the major projects being, Cosmic Corporate Park. To read more about Cosmic Corporate and other projects of Cosmic Structures Ltd, visit http://www.cosmicindia.in/

Tuesday 15 January 2013

Cosmic Structures: A positive outlook for 2013


India`s GDP was revised downward consistently in the last three quarters of 2012. In 2013, this trend will prevail - though the quantum of revision will be lower. The country`s economic environment will certainly improve in 2013, with a corresponding gain in momentum for real estate. The most tangible benefits of economic improvements on the Indian real estate space will be seen in 2H2013. Accessibility and proximity to infrastructure remains a key factor driving the demand for homes and office spaces in trend this year. Low vacancy levels, healthy absorption rate and rental appreciation across the major cities of the country ensures heavy demand of office spaces especially. 
Cosmic Group

 New organized retail project are expected to grow. India`s major cities like Mumbai, NCR-Delhi, Bangalore, Chennai, Pune, Hyderabad and Kolkata will see an addition of mall space in 2013.

The delay in the implementation of DTC has resulted in a good portion of the office space demand for IT SEZs to spill over from 2013 to 2014. With the demand for IT SEZ space to remain healthy in the next 12-18 months, developers of IT SEZs are expected to focus on execution and completion of projects for the duration, to ensure ready supply to match the immediately upcoming demand. In terms of commercial real estate investment potential, Mumbai, Bangalore and Delhi NCR are the highest interest to big ticket investors focused on real estate in 2013. 

Cosmic Structures have consciously reinvented themselves, by launching new projects which would appeal to customers in the current economic environment and sentiment. They thrive to be in constant outlook for innovative ideas and themes for all their projects. Keeping in mind the current and future scenario of property and real estate need, Cosmic is proud to be a part of the industry and contribute the best to fulfil the need. Cosmic Structures is working on major projects like Cosmic Corporate Park and Cosmic Business Centre and on some upcoming projects like Cosmic City of Romance in Rishikesh. With best of innovative ideas and luxurious comfortable environment, they always look forward to keep their customers happy and satisfied.
Do visit  http://www.cosmicindia.in/ to know more about Cosmic Structures Ltd and their services.

Thursday 10 January 2013

RRTS- Connectivity and Infrastructural Development


Infrastructural Development
Infrastructural Development

Whenever you talk about Delhi, NCR that is the National Capital Region, is automatically associated closely. Also, places like Meerut, Alwar and Panipat are very close to the capital. There are a huge population that travels to the capital for work everyday. It is a daily hectic up and down business for them. 
Now, Daily commuters from satellite towns can look forward to a hassle-free ride into the Capital with the urban development ministry "in-principle" okaying the rail-based Regional Rapid Transit System (RRTS) to provide fast connectivity from places like Meerut, Alwar and Panipat. The integrated system - involving new railway lines, Metros, bus clusters and terminals, provide a smooth travelling experience to lakhs of people who commute to Delhi every day for work.
The hub-and-spoke distribution model or network is a system of connections arranged like a chariot wheel, in which all traffic moves along spokes connected to the hub at the centre. The small number of routes generally leads to more efficient use of resources. As it is a major need of the hour, Faster connectivity will reduce pressure on both the commuters and the infrastructure.
http://www.cosmicindia.in/
The long-pending transport system, to be built over the next 25 years, will come up on three corridors - Delhi-Ghaziabad-Meerut, Delhi-Gurgaon-Alwar and Delhi-Sonepat-Panipat. An agreement is signed with Delhi, Rajasthan, Haryana and UP to set up a separate body -- NCR Transport Corporation (NCRTC) -- to improve transport interconnectivity in the NCR. The NCRTC will be responsible for overall development of integrated multi-modal transport system, including rapid rail transit system (suburban rail system) and feeder bus services in the NCR.

In most cities infrastructure development has not kept pace with urbanization and population growth. Infrastructure development drives real estate development in every city. This development specifically gives huge opportunities to the Real estate industry in and around Delhi. Here in this case, growth and development in terms of better connectivity and real estate growth go hand in hand, and therefore lies opportunities for growth and development.


Related Posts ; 

Noida Expressway - Apopular real estate destination

Yamuna Expressway - A next real estate hub

Tags : Delhi Metro, Noida Expressway, Yamuna Expressway, DND , Cosmic Structures, Cosmic Projects

Monday 7 January 2013

Cosmic Structures Limited- The growth story


Parented and supported by the reputed Cosmic Group of Companies, Cosmic Structures Limited is a professionally managed realty company. It is set to emerge as a leading Infrastructure Development Company in Indian real estate space. Cosmic Group working areas span Residential, Commercial, IT Parks, Retail, Hospitality, Education, etc. CosmicStructures Limited cherish more than 25 years of satisfactory deliveries and encouraging trust of our customers, associates, alliances and investors. Cosmic Structures Limited has delivered many Residential, Commercial Project in New Delhi, Gurgaon, Noida, Ghaziabad, Mumbai etc.
City Of Romance
City Of Romance
Cosmic Structures Limited aim to accomplish new benchmarks through quality-oriented, cost-effective and time-bound projects and value-added services. They Have number of innovative and need-based projects under execution in Many Cities. They have been successful in delivering successful projects and have always ensured on time delivery of projects. 7 star luxury facilities and customer satisfaction is their main motto. They believe that since you spend maximum time in an office, it should be the most comfortable and luxurious place to be in. And therefore they always deliver this in all their projects. 

Cosmic Structures Limited is a pioneer in its business and delivers the best of all. Be it Cosmic Corporate park in Noida, or Cosmic Business Centre in Gurgaon, their aim is to make work environment more friendly and comfortable with ultra luxurious 7 star facilities available for office spaces. They are keenly looking forward to these upcoming projects. Their future plan is to focus on economic luxury apartments and office spaces delivered in much lesser time. 

As per their plan, Cosmic Structures is soon going to launch its ultra luxurious Hill destination – ‘City of Romance’ , Eco height, 25 Km from Rishikesh, Towards Tehri, Near Narendra Nagar.

Thursday 3 January 2013

Increasing crime and dependent Property Rates

For semi-urban and rural India, cities have gradually come to signify prosperity, better quality of life, and higher income underlined by a modern lifestyle and facilities. Of all the parameters that are perceived to qualify a successful life in the present context, living in a city is perhaps one of the most significant and sought after. The biggest irony of the present times is that, cities that attract economic power and foster growth are now the hub of crime and violence which drastically hinder development.
The India growth story has an ugly twist in its tale. Last 12 years which coincided with India’s rise as an economic power have also witnessed an alarming rise in the country’s crime profile. The rising crime in Indian cities may be attributed to widening inequality, poverty, improper urban planning, ever-increasing burden on urban infrastructure, proliferation of slums and poor neighbourhoods, and the not-so-perfect judiciary and legal system of the country.
http://www.cosmicindia.in/ 
Understanding the relationship between property values and local crime risk is useful for measuring the willingness of individuals to pay to reduce their exposure to crime risk. A number of papers have documented an inverse relationship between property values and local crime rates.
When it comes to real estate world and property dealing, surroundings is a major factor that is looked into and considered at the first place. Crime tends to have a negative effect on property values.  While there is no empirical evidence to suggest the affirmative, various researches done on the particular issue suggest that individuals have a strong distaste for living in close proximity to an area with high crime rate. It is estimated a single offender depresses property values in the immediate vicinity to a large extent. Studies also suggest that decreasing crime does, in fact, benefit lower valued properties disproportionately, reducing the inequality among properties. 
http://www.cosmicindia.in/
In any case, if you are buying in an area you don't know too much about, you need to do your research. Afterall for crimes such as robberies and theft, the actual crime rate in an area doesnt matter much, it has more to do with the perception of whether an area is safe.
Would you buy a house a pretty bad crime had been committed? And how much importance do you give to an area's crime levels when buying or choosing where to rent?
In the present scenario, these have to be seriously thought about.