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Showing posts with the label affordable housing

A Luxurious property in Kalpataru Parkcity to enjoy your dream lifestyle

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Mumbai, known as the ‘city of dreams’, offers a lifestyle that homebuyers crave for. From employment opportunities to entertainment venues, the city offers everything you need. With the main city filling up, its suburb Thane has emerged as a prime residential hub in Thane with a similar lifestyle.  However, the main problem which homeowners often face when living in such a fast-paced metropolitan city is that there is a lack of green spaces and the ambiance often gets tiring. If that is something which has been worrying you, you would be glad to know about  Kalpataru Park City , a luxurious township spanning across more than 100 acres.  Design and architecture:  Designed by some of the most reputed architects and landscaping companies from around the world, this township is a masterpiece of exquisite craftsmanship. The central park is more than 60 acres in area and a great place to spend time in the midst of nature. This, along with the multiple ...

Godrej Properties adds three new Property in Mumbai

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Reputed real estate developer Godrej Properties has come up with three more Property in Mumbai , adding to its already established portfolio. The company has been active in the real estate industry consistently, launching new residential projects from time to time. At a stage when the real estate industry in India is recovering from a setback, the company has come up with three sophisticated projects for the property owners.  Moreover, these projects have been developed in the Mumbai Metropolitan Region. Besides, Godrej has launched another project in Bangalore, thereby adding a fresh 12.70 million area to its portfolio. In Navi Mumbai, the residential real estate market has been growing at a good pace. GPL has established a joint venture, and it is presently working on a township project, spread over 100 acres in this area. The development area in this project is around 7.70 million Sq.Ft. A retail component will also be integrated into the residential project in this area. I...

Affordable housing is key to propel the growth of India’s real estate sector

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Source by google.com   The Indian real estate market is very unorganized and has been affected by the lack of a regulator for many years. There has been a constant mismatch in demand and supply in the sector. However, one segment that has been a savior is affordable housing. The demand for affordable housing in India has been on the rise. Post the implementation of RERA the Indian real estate market has transformed.    Over the next five years, the sector is expected to witness a turnaround driven largely by the affordable housing sector. Nearly 95% of the country’s population is in the middle-income segment which has led to a huge demand for affordable housing, while the supply is still limited with only a handful of dedicated developers. There are many developers in the premier and luxury housing segment which have huge profit margins, while in the affordable segment the margin is only 10%-15% only. Real estate also needs to move towards the volume first ...