Emerging Property Destinations Gurgaon

Gurgaon’s market has gradually moved towards the luxury segment. While it is now a destination for luxury living it has also transformed into an investors’ paradise. According to realtors and developers in the region, 70 per cent buyers in Gurgaon are investors as opposed to 30 per cent being the end users.

Golf Course Road

In the category of luxury and ultra-luxury properties, Golf Course Road is one of the best locations to go for. Along with lush green cover, residents enjoy direct connectivity to south Delhi through the MG Road. “One can get properties in the range of Rs 10,000-12,000 per sq ft. Golf Course Road is a good option for buyers looking for luxury properties,” adds Sharma.

Golf Course Extension Road

In the premium category, one can find apartment projects being constructed by developers such as Emaar MGF, M3M Group, Ansal API and Pioneer Developers. These prices here range from Rs 8,000-10,000 per sq ft.

ABOUT M3M INDIA LTD:

Established over 15 years ago as a real estate developer, under the futuristic leadership of Basant Bansal, with the valuable support of his brother Roop Bansal, Director, M3M Group. M3M Group Stands for Magnificence in the trinity of Men, Materials & Money.

Apart from its ultra luxury residential project , M3M Golf Estate, the Group's latest commercial venture, M3M Urbana is 'Californialike' in design with consumer-friendly retail spaces and sophisticated office spaces that resemble 'Manhattan' , at a prime locale of Gurgaon. M3M Group has also launched M3M Cosmopolitan, one of India's finest retail and commercial hubs in Gurgaon.

Realtors add designer touch to luxury living

BANGALORE: Designers are lending their names to residential projects by adding bespoke features. Like fashion brands, individual designers are endorsing projects that reflect the progressive lifestyle of a discerning few who are willing to shell out a premium for all things superior.

Legendary rock star Mick Jagger's daughter Jade Jagger is adding her design flair to 70 apartments in Equinox Realty's 400-unit residential project in Hebbal in Bangalore. These apartments of 4,000-6,000 sq ft are priced between Rs 5 crore and Rs 10 crore. She is also designing Lodha's Fiorenza project coming up off the Western Express Highway in Goregaon, Mumbai. The 4-tower project offers 2, 3 and 4 BHK apartments ranging between Rs 1.71 crore and Rs 4.87 crore, said real estate consultancy Cushman & Wakefield.


M3M, Established over 15 years ago as a real estate developer, under the futuristic leadership of Basant Bansal, with the valuable support of his brother Roop Bansal, Director, M3M Group. M3M Group Stands for Magnificence in the trinity of Men, Materials & Money.

Apart from its ultra luxury residential project , M3M Golf Estate, the Group's latest commercial venture, M3M Urbana is 'Californialike' in design with consumer-friendly retail spaces and sophisticated office spaces that resemble 'Manhattan' , at a prime locale of Gurgaon. M3M Group has also launched M3M Cosmopolitan, one of India's finest retail and commercial hubs in Gurgaon.
 

RBI’s move may lead to increase in home loan rates

Could the RBI’s decision to increase repo rates by 25 basis points (0.25 per cent) lead to hike in home loan rates and higher EMIs? Real estate developers across the board, feel that this move will dampen consumer sentiments.

“In these challenging times the decision to raise the repo rates by 25 Basis Points (bps) is tougher than expected and could have been avoided,” said C Sekhara Reddy, president Confederation of Real Estate Developers’ Associations of India (CREDAI). “RBI should formulate a special policy for the housing sector with a focus on affordable housing. We hope that RBI will take cognizance of the industry requirement and will announce a rate cut,” he added.

“Bankers have already started raising rates due to the hike in repo rate,” Pankaj Bansal, director, M3M India, informs. “It will add to the problems,” says Navin Raheja, president, National Real Estate Development Council (NAREDCO).

ABOUT M3M INDIA LTD:

Established over 15 years ago as a real estate developer, under the futuristic leadership of Basant Bansal, with the valuable support of his brother Roop Bansal, Director, M3M Group. M3M Group Stands for Magnificence in the trinity of Men, Materials & Money.

Apart from its ultra luxury residential project , M3M Golf Estate, the Group's latest commercial venture, M3M Urbana is 'Californialike' in design with consumer-friendly retail spaces and sophisticated office spaces that resemble 'Manhattan' , at a prime locale of Gurgaon. M3M Group has also launched M3M Cosmopolitan, one of India's finest retail and commercial hubs in Gurgaon.