Ready to move in property in Jessore Road

Jessore Road, one of the most popular locations in North Kolkata, has become an exciting place for residents of the City of Joy.

The most important reason has been the proximity to the International Airport and Dum- Dum Metro Station. It also provides easy connectivity to Central Kolkata. We have got ready to move in apartments in one of the most known address “Alcove Block 32”.popularly known as Diamond City North.   It is a single tower of G+17 comprising of 102 apartments which consists of both 2 & 3 BHK apartments. The unit size varies from 1160 sq. ft. to 1852 sq.ft. The project is equipped with all the state of the art amenities.

Kindly get in touch with us for attractive deals.

 

B.T. Road, Sodepur More

B.T.  Road is one of the upcoming residential areas where one can witness a lot of properties by reputed developers. We have got a wonderful upcoming property on B.T. Road.

Live life to the maximum at Merlin Maximus! Beautiful days awaits you amidst a huge 4.5 lakh sq.ft area. Located on B.T. Road right on Sodepur More. The connectivity and superior infrastructure has eased the process of development of Sodepur as preferred residential destination outside the city limits. With premium educational institutions, healthcare facility, modern supermarkets, proximity to airport along with road and rail connectivity makes the project an ideal choice for those looking for premium living at an affordable cost.

The project also scores high on environmental friendliness as it will incorporate landscaped garden, rain water harvesting facility besides efficient waste management and integrated solar panels to generate power. Fine living will be administered through clubhouse and fitness centers, light and sound waterfall enabled swimming pool, multipurpose sports arena, high speed elevators, shopping arcade with convenience stores, power back up facility, and a significantly large water body within the premises.

Be courageous

Be Courageous

I just came across a wonderful quote from “Steve Jobs” and thought of sharing the same.

Post demonetization, the real estate market has become very unpredictable. There are few buyers who are waiting for the prices to fall down and there are some who are anxiously waiting for a reduction in the home loan rate.

This is a phase where one needs to be courageous enough and follow his heart and intuition. I am sure that this will lead to the right path and will ensure a bright future of the real estate market.

Banks to cut lending rates

Post demonetization, banks will cut lending rates which is going to have a huge impact on the real estate industry. The affordable housing will witness a huge demand as the salaried class people will get homes loans at a cheaper rate.

Media reports have quoted the Reserve Bank of India saying that banks have collected deposits of nearly Rs 5.4 lakh crore between November 10 and 18, while they disbursed only about Rs 1 lakh crore.

As a result of this surplus liquidity, many banks have already brought down deposit rates by 15 to 25 basis points in a bid to increase lending. Some economic analysts further expect a reduction of 50-75 bps in lending rates in the next four to five months’ time.

Demonetization will also clean up the real estate and, together with RERA, may weed out the element of black money from the sector which will make the sector very transparent.

 

Year End Cheer for Property Market

There has been a year end cheer for real estate market. The government has been very proactive and has taken measures to make the industry transparent and fulfill its vision for “Housing for all”

Be it demonetization or introduction of Real Estate Regulation Authority (RERA) bill, will definitely bring a cheer in the property market. The measures will make the market transparent and will make the end users secure as well.  The bill will reduce litigation and will speed up delivery of the projects which will result in timely possession.

Year end cheer is a hope which we believe that the government will be successful in implementing in future.

 

Walk to your office in Sector V

Panache is one of our most prestigious residential condo projects till date, a resplendent rendezvous on the water’s edge in ‘happening’ Sector V, Salt Lake. The project elevation is designed to exude positive and uplifting feel.  It is connected to all key conveniences like markets and malls, educational institutions and hospitals,hotels, restaurants and amusement parks.

Impact of Demonetization on Real Estate

Since our prime minister has announced scrapping of Rs 500 and Rs 1000 notes, there has come a new word “demonetization”. There has been a lot of news of how demonetization will impact real estate market.

Demonetization will lead to reduction of bank rates and housing rates and we expect home loans to be available at around 8 to 8.25% in the months.” With the reduction of homes loans, there will be an increase in the demand of properties and the market will witness transactions happening in the real estate market. The impact of demonetization will lead to a lot of demand in the affordable and mid suburban segment.

This is a transition phase but I feel the future is bright for the real estate market.