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DDA’s much-delayed draw of lots likely on Monday

The much-delayed draw for the Delhi Development Authority’s (DDA) housing scheme 2014 could finally take place on Monday, November 24.

The Delhi Development Authority had initially announced the tentative day for holding the draw as November 5 but it was postponed to November 17.

Earlier, the Delhi Development Authority had failed to hold the draw on November 17 too after its trial runs were not found successful in wrapping up the whole process within two hours.

The enormous data, with a record number of 10,08,700 applications for the scheme, resulted in mock draws taking up nearly eight to nine hours.

“We have finally managed to complete the process within two hours. We will hold a demonstration on Saturday and the draw is most likely to be held on November 24,” said a senior DDA official who did not wish to be identified.

“The number of applications received, number of flats, categories and different parameters are resulting in the cycle of draw taking too much time to complete,” the official said.

“The banks also sent us the application data very late because of which we did not get much time to prepare for the draw and the whole process was delayed,” he added.

“We have been working 24x7 to ‘tune’ the database so that the process of DDA Draw Result 2014 can be held within two hours,” he said.

The Delhi Development Authority had earlier said that the trial for the draw was taking inordinately long and the process needed more time for optimization of data.

It had also called in technical experts to check the process and give their opinion so that during the final draw, there are no technical problems.

The Delhi Development Authority’s DDA housing scheme 2014 is the land development agency’s biggest scheme ever with 25,034 flats on offer. The scheme was launched on September 1 and closed on October 15, after an extension.

While initially, the Delhi Development Authority had not received many applications, the extension of the date resulted in the number of applications touching a record high.

For more information visit DDA Draw Result 2014


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DDA website crashes after people rush for Application forms, approach authorized banks now

New Delhi: The application forms for new housing schemes of Delhi Development Authority (DDA) have been removed from the official website. The website repeatedly crashed due to massive response to the housing scheme. However the online forms would be available on the sites of the authorised banks. The forms for the housing scheme went on sale from Monday.

"Application brochure/form can be collected from the branches of the following banks. Also brochure/form can be downloaded from the websites of these banks. Applicants can also apply online through the websites of these banks," DDA said on its website.

The DDA website received a total of 11 lakh hits on the day of the launch and 18.25 lakh hits in its total on Monday and Tuesday. The DDA officials have already initiated the process of upgrading its server to manage larger traffic.

"Since, our server cannot handle the extremely heavy online traffic; we are redirecting the services to banks. Our homepage has a new link 'DDA Housing Scheme 2014' lower down the website, which directs the online users to our 13 empanelled banks and URLs," said VS Tomar, director of systems at DDA.

DDA launched it largest-ever scheme the 'DDA Housing Scheme 2014' offering 25,034 flats, out of which 22,627 are one-bed room apartments, a major draw for people this year.

The new scheme which will be open till October 9, offers flats ranging from Rs. 7 lakh to Rs. 1.2 crore across various categories, viz - EWS, LIG, MIG, Hig, Janta flats and one-room apartments.


Visit here and check DDA Draw Result 2014
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DDA 2014 Housing Scheme: Application Forms Removed From Website


DDA 2014 Housing Scheme: Application Forms Removed From Website
Delhi Development Authority (DDA) has removed the application forms for its new housing scheme from its official website. DDA's website had crashed repeatedly due to a massive response to its housing scheme. Now the online forms would be available on the sites of the authorised banks, DDA said.

The forms for the housing scheme went on sale from Monday.

"Application brochure/form can be collected from the branches of the following banks. Also brochure/form can be downloaded from the websites of these banks. Applicants can also apply online through the websites of these banks," DDA said on its website. (Also read: DDA Housing Scheme 2014: Should You Apply?)

According to DDA, its website received a total of 11 lakh hits on the day of the launch and 18.25 lakh hits in total in the first two days (Monday and Tuesday).

"Since, our server cannot handle the extremely heavy online traffic, we are redirecting the services to banks. Our homepage has a new link 'DDA Housing Scheme 2014' lower down the website, which directs the online users to our 13 empanelled banks and URLs," said VS Tomar, director of systems at DDA. (Read: DDA Housing Scheme 2014 Opens: 10 Things to Know)

The official said that DDA has already initiated the process of upgrading its server to handle larger traffic.

DDA launched it largest-ever scheme -- the 'DDA Housing Scheme 2014' on offering 25,034 flats. The scheme, which will be open till October 9, offers flats ranging from Rs 7 lakh to Rs 1.2 crore across various categories.


The land agency has made provisions for live viewing of the draw on DDA Draw Result 2014
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DDA Housing Scheme 2014: Draw of lots for DDA scheme likely on Nov 24

The Delhi Development Authority (DDA) received over 10 lakh applications for the flagship ‘Housing Scheme 2014′. The much delayed housing scheme had scheduled the tentative date for holding the draw of the lots for the new scheme on November 10, later it was shifted to November 14. And now the DDA Draw Result 2014 could finally take place on November 24.
The enormous data, with a record number of 10, 08,700 applications for the scheme, resulted in mock draws taking up nearly eight to nine hours. The scheme was launched on September 1 and received tremendous response from people. This also resulted in crashing of the official website on the opening day.
The authority had said earlier blamed the bank for sending them the data late. They said that the trial for draw was taking long time as the process needs more time for the optimization of the abundant amount of the data. Considering different parameters such as the huge number of applications received, number of flats, categories resulted in the draw to take too much time for the completion of the process. Also, the extension of dates has resulted in considerably more number of applicants.

The housing scheme offers over 25,000 flats across various categories, ranging from Rs 7 lakh to Rs 1.2 crore. Although about 17 lakh brochures were sold through DDA counters and the branches of its various empanelled banks, officials ascribed the “lukewarm response” to the scheme to the lock-in period and the nature of flats on offer.The scheme offers 25,034 flats across various categories, viz. – EWS, LIG, MIG, HIG, Janta flats and one-room apartments. The 22,627 one-bed room apartments was a major draw for the people this year.
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DDA Housing Flats Lucky Draw Result 2014 Winners List


Delhi Development Authority published Housing Flats Lucky Draw results. You can check DDA Housing Scheme Flats Lucky Draw Winners List online by name wise.

DDA Flats Lucky Draw Winners List 2014 Name Wise

Delhi Development Authority is going to announced Housing Flats Lucky Draw Results 2014 very soon (expected on 14th November 2014). The Delhi Development Authority has been launched largest Flat/House allotment Scheme in India. All types of upper class, idle class and economically very weak zone peoples take participate in this scheme. At presently this scheme (Lucky Draw scheme) has been launched and total 25,034 flats were opened for sale. Around all flats are located in various locations of NCR area. A large number (more than 10 lacs) of peoples have been applied for this scheme. Now this time all those peoples are eagerly waiting for publishing the results.

The draw result will be published online on DDA official website which is www.dda.org.in. The DDA Draw Result 2014 lucky draw winners list will be available online on the official website.

DDA Housing Flats Lucky Draw Result Winners List
We are trying for collect more details. If you have any issue then add a comment on below box. We will solve your issue on next updates. We will update this post after few hours with latest updates. You can bookmark this page and check regularly.


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Court asks DDA to check exploitation of housing schemes

Even as the applicants of the mega DDA Housing Scheme-2014 keenly await the draw of lots for the Delhi Development Authority’s (DDA) biggest such scheme till date, a Delhi court has expressed concern over how the entire system of allotment of flats is exploited by some agency officials and the way “property dealers/ touts have access in DDA office at their whims and fancies” to get the manipulation done.

“It is unfortunate that the entire system of allotment of flats has been exploited and misused by some of the allottees and property dealers and the entire allotment process requires a deeper scrutiny to ensure that benefit of allotment reaches the genuine applicants,” said Special CBI Judge Anoop Kumar Mendiratta.

ASJ Mendiratta expressed his concern while deciding a case of scam in a 1996 housing scheme of DDA for allotment of flats under the Self Financing Scheme wherein possession letters of 12 DDA flats at Kondli Gharoli here had been given to allottees on forged bank challans, without the actual payment being made causing a loss of Rs.1,06,46,063 to the DDA.

Treating the case as tip of an ice-berg, the court directed that “necessary administrative guidelines be issued by Vice-Chairman, DDA, to ensure proper cross-checking and verification of challans submitted for payment of cost of the flats at level of AAO/AO to avoid repetition of similar scam.”

“Vice-Chairman, DDA, is accordingly directed to take necessary action in the matter and action taken report be placed before this court within three months,” ASJ Mendiratta said in his 364-page order.

The court also directed the V-C to conduct a special audit for SFS Scheme-1996 by an independent agency to rule out any more cases of fraud.

In the instant case, the court sentenced Gurdas, an Upper Division Clerk (Dealing assistant-SFS, Housing accounts in DDA) and Raju Agarwal, a property dealer, to four and five years’ imprisonment respectively. It, however, acquitted V.P. Anand (Accounts officer, SFS-DDA), S.K. Kaushik (Assistant Accounts Officer) and Gurnam Chand (Assistant SFS Housing, DDA) as the CBI failed to prove their roles.

The V-C has, however, been directed to conduct departmental inquiry against those acquitted for the negligence on their part.

The CBI’s case was that under the SFS scheme, the DDA had invited applications from general public for allotment of flats from August 8 to August 20, 1996. At the initial stage the applicants were to deposit Rs.50,000 and flats in Kondli Gharoli here were allotted by DDA Draw of lots on December 31, 1996.

The CBI had further said that Gurnam was the custodian of files of SFS flats. In 1997, Raju purchased allotment papers from the successful allottees directly or through agents since the allottees were not in a position to make the complete payment.

The accused fabricated bank challans showing the cost of flats have been deposited. On the basis of forged documents, possession letters of 12 flats were issued to him.

The fraud came to light when purchasers of some flats found that the original allottees had not deposited the cost towards the flat. They asked the property dealers to return their money and filed complaints against them.

The court was of the view that the manner in which some of the allottees had applied for registration and allotment of flats in DDA (SFS Scheme-1996) brings out serious irregularities adopted by applicants to seek allotment and earn profits out of the allotments since the applications had been financed through property dealers/financiers and the applicants neither had the capacity to pay for the allotted flats nor intended to use the same for personal use.




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DDA Housing Scheme 2014 Results

New Delhi: The wait is not yet over for DDA Housing Scheme applicants as the results of the flagship scheme will take more time to be declared.

The tentative date for draw of the lots for the new scheme, which offers over 25,000 flats across various categories, ranging from Rs 7 lakh to Rs 1.2 crore, was November 05. However, it is now being scheduled for November 10.

Scheme closed on October 15 and has received over 8.5 lakh applications.

The eagerly-awaited DDA Draw of lots for the scheme can be seen online as the housing authority has decided to webcast the entire event.

The webcast would be available for "unlimited" number of online users through a YouTube channel.
Online visitors with partial or complete visual impairment can also easily access Delhi Development Authority's official website as the portal has been made disabled-friendly.

The ‘DDA Housing Scheme 2014’ was launched on September 01 and the last date earlier was earlier decided as October 09 but on account of overwhelming response and intervening festive season, DDA had extended the last date of the scheme till October 15.

The DDA website had crashed within a few hours of its launch on September 01, prompting authorities to upgrade its server to meet the “exponentially increased user traffic”.



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DDA postpones draw of lots once again in Delhi

Less than 24 hours before the Delhi Development Authority was to conduct the much awaited draw of lots for its Housing Scheme 2014, the biggest residential scheme till date, the land agency deferred the exercise citing inordinate delay during mock draw. The DDA had on November 14 announced that the draw of lots for the 25,034 flats will start on Monday (November 17) at 11:30 am.
However, on Sunday it announced its decision to postpone the draw without giving the next date. Earlier, the draw was to take place tentatively on November 5, which was then postponed to November 10 and then 12.
“A mock trial of the draw of DDA Housing Scheme 2014 was held today at Vikas Sadan in the presence of honourable judges and senior officers of the DDA. After the mock trial, the Centre for Development of Advance Computing (C-DAC) officials observed that the process has taken a long time to the tune of eight to nine hours...,” the DDA said in a press release.
It attributed the huge amount of time taken in mock trial to “large number of applications (more than 10 lakh), multiple categories of flats (more than four), multiple preferences for locations (34) and multiple reservations (SC, ST, persons with disabilities, ex-servicemen and war widows)”.
The civic agency further said the process needs more time for optimisation of data and the process of draw.
The DDA has called technical experts to check the process and give their opinion to ensure that the final draw does not take so much time and is free of technical errors.
“It was decided to give more time to the technical team, which has been working on the draw for the past 72 hours continuously and, therefore, the draw scheduled for November 17 has been postponed,” it said.
The agency said the next date of draw will be announced as soon as the technical team is ready for the draw.
The scheme is the DDA’s biggest ever housing scheme till date. For 25, 034 flats, the agency have received over 10 lakh applications. Most of the flats are in low-income group.
The land agency has made provisions for live viewing of the draw on DDA Draw Result 2014
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Goa Property Market Lures Investors

Goa's pristine beaches not only attract tourists, but are a haven for home seekers as well. Real estate brokers estimate that residential property in Goa commands high rentals along with good resale value. A well located, sea-facing apartment in Goa can get the owner as much as Rs 1 lakh/ month.

A construction boom has swept all over Goa. Many villas and apartments (on freehold basis) are coming up in the vicinity of Panjim, Mapusa and Calangute beach. Prominent real estate developers have announced some promising projects the city. Big players like DLF and Parsvnath have already launched exclusive residential projects in the city. Along side, builders like Acron (which caters to the select holiday-home buyer group) Araujo Home Makers, Sanatan Financers & real estates Pvt. Ltd have also commissioned some interesting projects in Goa. Real estate developers, Jai Bhuvan, are coming up with six luxury residential projects in Porvorim and Nerul.

Commercial property in Goa is also doing well. The city hosts some of the best five star properties. Small hotels also do good business as a substantial number of tourists flock the city all year round. Pentagon Arcade, by Jai Bhuvan developers, is a prominent hotel space. It includes showrooms (of the size of 120 sq mts and 200 sq mts) on the ground and first floor. Additionally, the developers have grand plans for a lavish conference hall on the sixth floor. Beside this, Sanatan Financers & Real Estate Pvt Ltd are coming up with a luxury resort called Kohinoor at Sirvoi. Another property developer Chowgule Real Estate and Construction Pvt Ltd has plans for a business centre at Miramar

All these facts just endorse that Goa Real Estate segment is already sought after. Areas like Anjuna, Candolim, and Calangate are the new zones of residential property. Soon the legalisation of casinos will bring in more revenue. Goa is about to spark off on the global investment markets. New property projects are launched every other day. Investments are pouring in from local people, HNIs, NRIs and developers and this makes Goa lucrative for everyone.


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Real estate: Investment opportunities in Goa

Goa 'the ultimate holiday destination', in recent times is emerging as the pre-eminent investment destination in India.

More than local investors, it's the foreign buyers who invest big time in Goa real estate, says Andrews, a broker source from Goa. The returns from investment in Goa in long term is considered very good. Stamp duty and other property taxes are comparatively low in Goa.

Beside, the tourists are also in the race to acquire their own home in Goa, since hotel industry in the state is booming and thus the cost of staying in hotels is quite high, so the people who visit Goa often are now vying to have their own holiday home in the state.

Adds J Dsouza, real estate broker from Goa, "Furthermore, this can be a good investment option as when they are not on vacation in Goa, they can rent out their property at high prices and can have excellent returns at hand." Moreover, possessing a seaside villa in Goa is a dream for every individual and it spells status symbol.

The cities laissez-faire lifestyle, adds an extra amount of appeal to this captivating destination. Rated as one of the best states to live in, Goa is a very peaceful place with lower rates of population, pollution and crime.

Real estate in Northern Goa is more expensive than the Southern districts of Goa, states Ashok Kumar a property broker from Goa, "South Goa is more at peace with nature and is best known for its scenic beauty, whereas north Goa is more youthful, high on night life and zeal."

He adds on further, "but currently the developments are taking place all over Goa, Southern district may not be that dynamic but it is catching up fast with many big real estate projects underway and quite a handful to be launched soon. The same goes for real estate in suburbs and peripheral areas."


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Bangalore - Awestruck With the Office Space Consumption

Bangalore has been enjoying the status of the highest office space consumption since last two years. Since Bangalore is termed as the IT hub of India, the offices in Bangalore are well equipped with all the amenities required for carrying out the business from day one. Bangalore is also on the high to set a new record for office space consumption. The office real estate property is expected to reach 100 million sq. ft. by 2017. The stock was only half four years back and now it's going to double in the coming three years. Why so much of development is been going on in Bangalore regarding office spaces? It has many answers. The improved infrastructure is first advantage in the list. The construction of several flyovers connecting the busiest areas has reduced considerable time for commuting. Many signal free zones have recently been declared by the government in several areas of traffic chaos making the communication even easier. Considering to the demand and scenario, the offices in Bangalore now come with state of art facilities. The current office stock owes to the fact that the city is driven by the availability of IT SEZ spaces.

The development of seamless Outer Ring road along with the construction of the Metro rail will further give the city a boost for commercialization. Office space for rent in Bangalore is also on a high considering the fact that the city offers quality office at reasonable rental price as compared to the other metropolitans of the country. Office spaces for rent in Bangalore can be further attributed to the fact that numerous new businesses are budding each year that prefer to go for rent and expand their business thereby. Even the realtors prefer to rent their buildings for office space purpose because of the fact that rental returns are much bigger than the residential returns. With the large scale development of the offices spaces in Bangalore, city has seen a spurt in residential catchments as well.

According to the recent trend of 'walk to work' many realtor have constructed their projects near to office complexes. According to S Bhaskaran, CFO, Shobha builders, their recent project 'Shobha Morzaria Grandiuer' was built near Diary circle which was located at a walk able distance from IT majors like IBM, Honeywell, Oracle and Adobe. The project witnessed its maximum flats being sold at very short span of time since the IT workforce in such offices preferred to own home near to their office. Likewise many other regions have seen the same scenario. Sometimes the case is vice-versa. New businesses prefer to put up their office spaces nearby residential catchments where they can get good focus and reliable supply of manpower. SBD and regions near Whitefield have got considerably good numbers of Office for rent in Bangalore owing to the good connectivity and large residential catchments sprawling in this region.

Many retail showrooms and workshops have also made their existence being felt in Bangalore. Several hypermarket accommodating world class brands have encouraged many other renowned brands put up their commercial office spaces in Bangalore. This has been possible because of the high end lifestyle of the people of the city who do not bother to pay some extra to get that redefined style and quality. Commercial office spaces in Bangalore have seen a consistency in growth in the regions like Commercial Street, MG Road and CBD owing to the fact that many micro markets have made their housing here. But according to Jones Lang LaSalle India report, the region commanding the highest growth in commercial office in Bangalore is the belt of Outer Ring Road. According to the report, ORR is even going to rule the position in coming times as well due to good connectivity to the other major corporate destinations of Bangalore. It has been estimated that with metro connecting the various corners of the city, the commercial office spaces consumption and supply will surely move to a level upper crowning Bangalore the highest office space consumption city of times.
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Commercial Property in Delhi NCR to Get ROI Return

The heightening of costs in Delhi and Gurgaon has prompted the blast in business division of Noida and Greater Noida. Setting up another office or moving for current office to Noida and Greater Noida is a much less demanding alternative. A lot of people Real Estate honchos have propelled different ventures over these districts.

Why Invest In Noida And Greater Noida?
Noida-Greater Noida Expressway and Yamuna Expressway joins Noida & Greater Noida to essential areas like Delhi/NCR.

There is phenomenal making arrangements for underground power base, seepage, sewerage and wastage. Green totally open ranges in these districts are in immediate complexity to the clogging and contamination in Delhi.

Metro rail connectivity from Noida to Greater Noida has been sanction by the powers. Taxi, rickshaws and autorickshaws are likewise accessible for short-separation travel.

Noida/Greater Noida is likewise a center for IT/ITES and Mncs, for example, EXL Service, Qualtech Consultants, Headstrong, Abstract Consultancy and a lot of people more.

Moderateness is a real issue around low and center pay bunches. Accessibility of cheap area for urban inhabitants in NCR has prodded an appeal for Commercial and Residential properties.

The extensive expert arrangement for the framework improvement has fuelled business and realty development.

Noida is an instructive center as well. Gautam Buddha University, Mahamaya University, Amity University and numerous different schools partnered to these colleges have their focuses here.

Noida is a center of real news channels, for example, Zee News, NDTV, TV Today and a lot of people more. Its closeness to Delhi, which is a political center, makes it an engaging objective for news channels.

The development of new shopping centers and multiplexes has prompted gigantic advancement in the locales of Noida and Gr. Noida.
Noida and Greater Noida offer staggering degree for advancement owing to shabby work.
Putting resources into Commercial Property In Noida/Gr. Noida: Things To Remember
It is vital to remember few things like your prerequisites, plan and sort of business space.

You ought to dependably get the reports checked to guarantee that you don't get ensnared into a bad situation in future.

To get the best arrangements and master exhortation, it is constantly best to enroll the assistance of an accomplished Real Estate Consultant.

Mist Avenue is an entrenched Real Estate Developer In Noida. It is a famous Property Builder and Developer and Real Estate Consultant situated in Noida and Greater Noida. It has aptitude in offering proficient Building Construction Services, Civil Construction Services and Vastu Consultancy.

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Grow Your Fortune by Investing in Gurgaon Hot Property

According to property experts in Gurgaon, the trend of buying property amongst youngsters is just three-four years old. Survey in Gurgaon says that "Youngsters are motivated easily, and therefore, have started investing in real estate. If you convince them by telling that there is a profit in buying in particular property, they agree upon easily. Also, real estate is something that will always boom and one will never lose (money on it). In the past three-four years, youngsters aged between twenty four and twenty eight have started buying property here. Our market analyst of property in Delhi/NCR thinks youth investing in property was inevitable. It was quite obvious among them. Youngsters look for luxury and comforts everywhere. They do not compromise with lavish living and comforts of life. As soon after they get job first of all they buy car, credit cards and after that they buy Flats. This is the quite obvious trend among youngsters.

Global NCR suggests you some of hot projects in Gurgaon that is being launched recently. We are proud to list and name them in our database.

Microtek Greenburg is one of the super housing projects on the land of Gurgaon. The kind of advancement Microtek wants to bring in the Real Estate that Gurgaon has not seen before. Joining hands with technology Greenburg has brought complete e-homes that are automated home system. The project is located in the prime location of Gurgaon at sector 86. As we know that green is the fundamental color of nature and growing with pace of nature gives extreme pleasure. A place where your children can grow with the pace of nature and they can adopt the discipline of nature. The project is offering 2 BHK, 3 BHK and 4 BHK flats and size ranges from 1405 square feet to 3005 square feet area.

Another same kind of awesome project that is being launched recently in Gurgaon is Lotus Greens. The group is a combination of unique and diversified people, formed to bring the enhancement in the Real Estate market. The project is gaining the advantage of premier location of Gurgaon sector 89. The complete housing project that is developing in the lap of nature and sprawled over vast acre of land. Lotus Greens is fast emerging Real Estate developing company which is committed to develop fast integrating township, hospitality, Group housing, commercial complexes and other office spaces in Gurgaon and Delhi/NCR regions. The project is offering 2/3/4 BHK apartments size ranging from 1250 square feet to 2250 square feet. Buy homes with Lotus Greens and be happy forever.
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Real estate investment offers many benefits

Real estate investment offers many benefits. Perhaps the most enticing is the tax deductions that are available to property owners. Real estate investment is seen as a business, so you get a few more breaks than if you're just a residential home owner. This allows the protection of all your investment income from being overly taxed. The following lists some tax deductions that are available to real estate investors.
Mortgage loan interest can be deducted on your tax return, just like it can for a regular home mortgage. This is very convenient, as it allows you to offset some of your income from that property!
Everyone has to pay the dreaded property taxes, whether you own residential property, commercial property, or empty land. Luckily, these taxes are tax deductible for investment property owners. Obviously, the higher your property tax bill, the greater the tax savings.
If you're a home owner, you can't deduct your home owner's insurance premiums. However, if you're an investment property owner, you can! The premiums you pay to cover your real estate Investment Properties are deductible on your tax return.
I've said before that you often have to do a lot of repairs and renovations on bank owned properties. The repair costs, as well as regular maintenance expenses, are also tax deductible on your tax return. Examples of these kind of expenses include repairing a damaged ceiling or repainting the walls. Maintenance costs can add up fast, especially on older properties, so being able to deduct those expenses is a very important benefit of owning investment real estate. Keep in mind that property improvements are treated differently than repairs or maintenance. These are counted against any gain when you sell the property.
In accounting, depreciation represents a gradual decline in value of an asset over time. You can depreciate your real estate investment property on your taxes, therefore reducing your taxable income. Realistically, we all know that homes actually appreciate (rise in value) in an optimal market; however, the IRS requires depreciation to be recorded over a set period of time. This depreciation is strictly on paper; it doesn't affect the property's market value. Current regulations require residential properties to be depreciated equally over a time period of twenty-seven and a half years, while commercial investment property must be depreciated over thirty-nine years.
Have any other questions about the benefits of buying investment property? View our foreclosure listings to see our current selection of Florida foreclosures.
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Surrounded by 10,000 Apartments - World One Noida

Carnoustie Builder newest opportunity World One Noida will be on your own of It's Sort Merged Land Employ task with Sector-90, Expressway Noida that is at pre kick off level. Spread with twenty five acres, the particular task will be adjacent to the particular green belt (25 acres) and is enclosed by means of household sectors-137, 143 & 144, along with approx. 50, 000 apartments rentals, completely ready with regard to person within few months to12 a few months.

CBS International Tasks features launched some sort of combined area employ undertaking -World 1 within Field 85, Noida.

World One Sector 90 provides an reasonably priced household apartments rentals as well as Professional products much like the requirement from the consumers. This undertaking is found in Field 85, Noida, there can be variety of business oriented along with household initiatives on offer the undertaking.

This programmer features earned Goodwill among people along with customers simply by supplying initiatives in time also it provides distinctive characteristics beneath undertaking. This undertaking gives you all the conveniences of life on pocket welcoming cost. What's more, it provides broad range of dimension like 800 along with 850sq. toes. World One Noida- Residence, Office, Store supplies that you simply finish bundle where you can get pleasure from all the amenities within the driveway from the undertaking.

Recognized system organization features developed World 1 Noida, it provides High-street Store, Serviced places of work, broad range of dimension selections, roomy household products furnished with variety of characteristics. CBS Group Tasks is additionally offering 12 percentage Sure resume almost all it's consumers along with people beneath Globe 1 undertaking. World One Noida a great eco-friendly undertaking 's got Spacious Clb having first-class conveniences, Grand entrance along with 24 Meter Vast Street.

About the Builder Profile:-
Carnoustie Group's vision is to develop Iconic Projects covering the entire spectrum of its work. In the hospitality sector it aims to redefine luxury and lifestyle supported by state-of-the-art infrastructure.

Whether it's the awe-inspiring Sikkim Butterfly Hotel or the Carnoustie Beach Resort in Cochin, each structure shows the evolving standards of the skill and expertise of Carnoustie Group in Tourism and Hospitality.

Our Real Estate and IT Parks development Projects are state of the art commercial properties that cater to the latest requirements and trends in this sector.

Our Sport Design and Management Service boasts of making one of the best Golf Courses in the country. The Group has also been instrumental in locating a new Para Gliding site in Himachal Pradesh, and getting Para Gliding test flights conducted.

The latest feather in the cap added to our portfolio is the association with Steve McMahon to setup Football Training Centers in India. The former Liverpool star will be the Chief Coach and Mentor.


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Nasik, an Attractive Real Estate Destination

Nasik is an important city located in northwest of Maharashtra in India. It is around 160 kms from Mumbai and 220kms from Pune, the two most important cities of the State of Maharashtra. After the saturation in both Mumbai and Pune, the focus of industries has shifted to the 'wine city' Nasik. Known for its abundant grape crops, Nasik or Nashik is among the upcoming cities of India.

Today, huge developments are taking place across all the tier-III and tier-IV cities of India. The elementary reason behind this unprecedented growth is that almost all the major cities or metros have been fully developed and have now become congested. The developments even in tier-II cities are also on the verge of completion leaving little scope for further expansion. The industries, looking for investment options are now targeting smaller cities like Nashik as they provide ample business opportunities.

Nasik has a clean, green environment and a good quality of life. Its beautiful surroundings and pleasant climate attract many industrial leaders to setup their operations in the city. It is really the best place for settlement owing to its unique personality due to its mythological, cultural, historical and social importance. Being active on industrial and political fronts, investing in Nashik promises to fetch complete value your money. Temples and ghats on the banks of Godavari make this city one of the holiest places for Hindus across over the world.

Nasik is undoubtedly the next suburb of Mumbai but was considered a paradise for retired people until recently. It has been successfully able to shed that image and now dons a cosmopolitan look achieved by the tremendous growth in all the sectors. After the authorities have improved transport facilities, civic infrastructure, education provisions, etc., the city is now ready to witness the boom. Its attractions like low labor cost, availability of free land, high returns, etc. have already lured in the technology related industries like IT, ITes and BPO. The industrial development is followed by a boom in Nasik real estate.

The demand for residential and commercial property in Nasik has been growing, thus, providing plenty of opportunities to property developers for higher investments. Various leading real estate developers like Raheja Group along with local property builders like DSK Group, Sanklecha Constructions, Nirman Group, etc. are entering the city with mega IT, SEZ and housing projects. The trend of bigger, better and classier homes seems to have entered the city meeting international housing standards. All kinds of residential spaces like villas, bungalows, apartments, independent houses, etc. are coming up in the city.

One of the most breathtaking developments in Nasik property market is that of a multi-product Special Economic Zone (SEZ) project promoted by Maharashtra Industrial Corporation on 1010 hectares with an investment of Rs. 1,555 crores featuring a racecourse, film city, botanical garden, IT zones, education zones, tourism development, entertainment arenas and everything else that will add a cosmopiltan touch to it.

The commercial and retail sectors of Nasik are also growing at a rapid pace with malls, theme parks, multiplexes, hotels, etc. being constructed. The proximity of Nasik to Mumbai, the financial capital of India and the increasing investments from foreign real estate funds continue to make it one of the hottest upcoming property destinations in India.

It is always suggested that the best time to invest in a city is when it has just started growing. Nasik is in the initial phase of development and is awaiting a great boom across residential, commercial and retail sectors of real estate. Don't miss the opportune chance and invest in the upcoming Nasik real estate.


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Goa Real Estate Fighting all Odds, but the Crime

Goa has lately been in news for all the wrong reasons but surprisingly its real estate industry managed to survive most of the impediments except for the crime.

Notably, the international tourist destination still promises to be a profitable endeavor for real estate developers and investors alike, despite the local resistance and ban on SEZs. According to industry sources, the real estate values in Goa have registered an appreciation of almost 100% in the recent times.

Buying a property in Goa is not an easy task, especially, for the foreigners after the ban imposed on them by the government. But, the cost of purchasing property in Goa is the lowest in the country. The stamp duty rate and registration charges accounts for only 2%.

Plus investment in Goa properties promises enduring return on investments. It allows one to enjoy their vacation while making arrangements for the year round lease accommodation. Research analysis shows that, a property which cost Rs 55 lakh at the onset of construction churns around Rs 70 lakh after completion. A 10% comes in as a sure return, reveals researches.

But despite of the booming prospect of the Goa real estate the increasing crime rate is emerging as the biggest obstruction, which is restraining the investments and property transactions to happen.

Furthermore, on account of the increasing crime rate the hospitality industry of the city is suffering particularly. Goa Real Estate agent, S Mohanty, says, "The number of tourists visiting the city has decreased this time round. Moreover, it's not only about the harm caused to the real estate market, but all these episodes having brought bad name to Goa and its natives."

While real estate developers are coming up with their new projects every so often, they too are unsure about the gains from their Goa venture. With a number of impending cases of tourist assault the visitors are anxious of coming to India's hottest tourist destination.



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Investing in right real estate properties in Gurgaon

 Investing in right real estate properties in Gurgaon cannot be assured without spending a lot of time and effort. For those who are building properties that you look at that are retail locations or office parks etc. Not only is it far more financially stable overall, but your profit margins go up with every additional lease.
Your House or Flat in Gurgaon, This is not just a dream because it can happen only through owning a property at right place in right time which is not more sufficient for anybody to be acquainted with the things that will help you stumble on the best property. Gurgaon Real Estate Industry is the best option for investment Purpose or Residential Purpose. Because So many MultiNational Companie (MNC) are in this Gurgaon or Delhi/NCR Region. Like IBM, Accenture, Google, Yahoo, Microsoft, Symbosis etc.So that is Why people around all over the country coming to Gurgaon, They also have dream to buy a Property in Gurgaon. Or Flats in Gurgaon. In Gurgaon Real estate IndustryGurgaon properties have given an impetus to the commercial activities to an increased number of facilities like Residential property, studio apartments and commercial properties. Residential property like, DLF Project, Vatika Project, M3M Project, Bestech Project, Unitech Project, Adani, Supertech, Puri, Indiabulls, Microtek, Bdi, Ireo, Homestead, Ansal,CHD. All these Top class Builders Launches Their Projects in Gurgaon Real Estate Industry. Not only Residential Properties, even though demand for Commercial Properties is also very high. Big businessman wants their office in Gurgaon or Delhi/NCR Region. So many Projects are also like that where builders are giving subvention plan. Where after first installment. Client will pay after possession. Residential property is in Gurgaon which support you to reach at different places like, NH8, Sohna Road, Pataudi Road, Southern Periphery Road, Golf Course Road, Golf Course Extention Road, Bhiwadi, Nirvana Country. Cyber City, Shankar Chowk. Dwarka ExpressWay. All most Every Single area in Gurgaon. So this is the best time to Buy a property in Delhi/NCR real estate market for investment or residential purpose. GlobalEdge Properties is best consultant in Real Estate Market Help Investors or End user by providing the best option for them. GlobalEdgeProperties Not only In market for business purpose, they are in this real estate industry to make a very good relation with their very good client. Because GlobalEdge Properties believes in long term relation with their clients.


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How to Choose From the Best New Projects in Delhi NCR?

As the real estate sector continues to grow in India, National Capital Region's Noida has emerged to be one of the best destinations for property deals - both commercial and residential. There has been an escalating demand for real estate in Delhi NCR. For an investor, short and long term profits seem to be the key as capital appreciation for the property is high and will continue to grow in the times to come. Increase in per capita income, rising demand for property and increasing lifestyle standards have triggered this growth. Henceforth, investing in a property is the least-risky and high-profit proposition in contrast to other forms of investment. On the contrary, for an end user owning a property ensures security and a lifelong cover for himself and his family. Plus, given the fact that Delhi is no longer capable of taking burden of an ever growing population, Noida only seems to be the next best option in line with Gurgaon for real estate buyers.

Noida is well-connected: The well-planned infrastructure and its closeness to Delhi have prompted more and more people to dwell in Noida for which new projects in Delhi NCR have come up. It is only 25 kms from Delhi and is well connected by DND flyover and 6-lane expressway. Further, the Yamuna Expressway connects Greater Noida to Agra. New Delhi Rail station is just an hour drive from Noida. You can find lots of new projects which would make you feel really good.

Better infrastructure: The rising demand for property in Noida can also be attributed to the city's better infrastructure. Systematic development and comprehensive infrastructure has given a facelift to Noida with. The scientifically planned layout, unpolluted environment and state-of-the art facility in terms of hospitals, educational institutions and recreational centres give additional brownie points to Noida.

Reliable power distribution: Another feather to its cap is the power distribution. It is the only city in North India to boast of having a privatised power distribution. So among a host of amenities, power back up for residential and commercial properties is a massive plus point in favour of Noida. It can be the best decision when you get the best and new projects in Delhi NCR.

Caters to different strata of population: Noida caters to every strata of population because it has something to offer to everyone. It offers both luxurious and high-end to affordable and budget properties. Compared to Gurgaon, budget end users have more options in Noida.

Amenities galore: Noida offers luxurious and unmatched living standards to the end user. A plethora of amenities within property premises is possible from new projects such as club house, gymnasium, swimming pool, utility and conveniences centre, track for joggers and cyclers, power back up, 24-hours security, parks etc only make investment a highly worthwhile option.

Considering Noida's steadfast growth in terms of infrastructure and connectivity, the demand for new property is expected to further escalate. So it is your choice that you need to make so that you can get the best one for you.

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Invest in Delhi Property at rent to Get Best Returns

It is basically Delhi that has create Gurgaon (village of Guru Dronacharya) to the multi-paradise city, and now this arising IT hub has extend its wings to its villages like Manesar. The village has now transformed into a commercial and industrialist hub. Over the past few years, Delhi has taken a modified mask with different multinational companies establishing here. Delhi comes out as an significant industrial city for business owners who seek countless business opportunities out of this city. Anyone can easily find luxurious hotels, houses, flat, room and hostel in Delhi offering world class facilities and numerous features.

If you are planning to visit Delhi, the national capital of India, service apartments, hotels, houses, flat, room and hostel in Delhi on rental basis can be your true accommodation partner during your visit. As a witness of India's historic glory, Delhi is an significant tourist attraction. There are various historic places in Delhi. A bulk number of people from other parts of the country and world come here to take a brief look of India's historic culture and diversity. During holidays, an affordable accommodation sets everything right and you can take maximum entertainment out of your holidays.

As long as the demand of property at rent in Delhi is concerned, the demand is larger than the sale property in Delhi. Property at rent in Delhi is necessary not only for the residents of the city but also for others who are coming everyday to the city for many different purposes by taking some dreams in their eyes. It is a city where all dreams will convert into reality. As a result, a large number of persons are added each day to the already populated city. Delhi is the multicultural city and the people belongs to the diversified background like students, businessmen, professionals, workers and traders need a bulk of services in order to keep them going in the city, of which the necessity of Apartment, for hotels, houses, flat, room and hostel rent in Delhi or house for rent in Delhi to live in is the foremost.

There is a large number of rental space available in Delhi real estate, one can choose as per his taste & budget such as service Apartment for rent in Delhi, bungalows, party space, hotels, houses, flat, room and hostel for rent in Delhi and more. There are many people in Delhi who are living in the city from last many years and feel proud to be the owner of land. The homeowners are basically use to rent out their residential as a paying guest accommodation, Apartment for rent in Delhi, house for rent in Delhi etc. to various persons like professionals, students or commercial workers prefer to live in such houses on rent. These are the affordable accommodations comparatively less house rents.

These service apartments, houses, hotels, rooms, hostels, party space or temporary housing in Delhi are well equipped with all the facilities you require such as TV, 24x7 internet,STD, ISD dialing, Laundry services, and finest dining. Each of these beautiful and spacious apartments is emblematic of best quality, deluxe styling and luxurious furnishings. The closeness of these apartments to shopping arcades, business centers, malls and markets also adds to their priceless value. You don't have to worry about the duration of your stay, whether it is a small duration or a long one, you can keep on continue to enjoy the warm hospitality of these serviced apartments in Delhi.


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