web stats
Home Authors Posts by Team iPropUnited

Team iPropUnited

Team iPropUnited
655 POSTS 0 COMMENTS

Top 10 Ready To Move 4BHK Flats In Gurgaon Between 3-4 Cr

SS Hibiscus GurgaonWith more and more developers announcing their premium residential projects in Gurgaon, the city has no dearth of premium range of 4 Bedroom flats today. These premium apartments offer opulence living to its best. Below are the top 10 ready to move 4BHK apartments in Gurgaon that range between Rs. 3 Crore to 4 Crore.

DLF Park Place,  Sector 54
DLF Park Place GurgaonCompleted in May 2012, these premium residential apartments in Gurgaon are significant development comprising of eco-friendly architecture, luxury specifications, easy accessibility and providing air-conditioned flat. 4BHK apartments here are available within your budget of 3Cr to 4 Cr.

DLF The Belaire,  Sector 54
DLF The Belaire GurgaonThis residential project in Gurgaon by esteemed developer DLF is located on the main Golf Course Road. 5 towers accommodating 350 units of residential apartments are designed aiming at every requirement of the people so that they have everything available at one stop with ease and comfort being the priority. Separate servant rooms are provided, keeping in mind the best infrastructure and comfort for the people.

Cut In Home Loan Rate By 50 bps If Taking Home Insurance Too

home loan insuranceHousing finance companies have come up with new, lucrative deal for people looking to apply for home loan. If you opt for home insurance simultaneously with the home loan, you can get the benefit of half a per cent cut in home loan rate.

Buying a home insurance is equally important as owning a house. The property insurance, in general, safeguards probable financial losses caused due to earthquake, act of terrorism, flooding, accidental fire, and other natural disasters. Hence, the regulator of housing-finance companies – National Housing Bank (NHB) is in discussion with Insurance Institute of India on the agenda of reducing home loan rate for borrowers buying home insurance from the same company.

Sometimes the financial institutions compel their customers to acquire the insurance for their properties, which is alleged.  However, the customers are looking for home cover with cheap premium and high coverage.

Reduction by 50 bps (basis points) in home loan rate is what has been decided so far. However, the exercise is not over yet and final conclusion is yet to be drawn. In the meanwhile, NHB is in process of conducting a survey where they will measure the feasibility of property insurance.

To other side of the coin, NHB is looking forward to Insurance Institute of India to offer low home insurance premium which the lenders can pass down to the consumers.

As per ICRA (a credit rating agency) estimation, currently, an EMI of ₹874 is being paid by a retail borrower at 8.6% interest on ₹1 Lakh loan taken for 20 years. If the rate will be cut by 50 bps, the borrower will be paying ₹842 for the same loan for the same duration.

These measures, if approved and implemented, will be of benefit to the borrowers in improving their risk profile, and expanding their loan eligibility through lower rates and more credit. Home insurance premium, in any case, will be payable by the borrower but the rate, as compared to the higher rates, will be nominal.

Offering a property insurance to the customers acquiring loan for buying a home is a common practice being performed by various insurance institutes these days. The name includes HDFC, the largest mortgage lender, which offers a non-life property insurance called – “HDFC Ergo,” and DHFL (Dewan Housing Finance Corp. Ltd.) which offers Cholamandalam MS General Insurance products through its branches.

Top 10 Ready To Move 4BHK Flats In Gurgaon Between Rs. 2.5-3Cr

Ireo The Grand Arch GurgaonWith more and more premium residential apartments coming up in Gurgaon, the opulence has extended its horizons with plush housing options in NCR. Over last two decades, Gurgaon not only observed a magnificent development but also witnessed some of the most lavish residential avenues.  Below are the top 10 Ready to Move In 4BHK Flats in Gurgaon between 2.5Cr to 3.0Cr that will provide you best of residential units taking luxurious livings to its new heights:

Bestech Park View Spa, Sector 47
Bestech Park View Spa NextCompleted in January 2015,  the total project is spread across 13 acres of land with 80% of open area. Bestech group has developed impeccable goodwill and enjoys a position of leadership in India in its operating sector and this project is an exemplary example of its glorious achievements. 4BHK lavishing apartments here will allow you to boast in front of your friends and relatives.

Parsvnath Exotica, Sector 53
Parsvnath Exotica GurgaonWith the key features like naturally ventilated rooms, 4 flats each floor exhibiting privacy to a larger extent and the strategic placement of the project on the GT Road marks the distinction of the project. Parsavnath Developers have won several industry recognition such as Merit Award by Aprea in 2013, Golden Peacock Innovative Product Award 2007 etc, and this iconic project surely provides ‘a dream come true’ residence for its occupants.

Is Vaastu More Important Over Good Property?

    vaastu tipsHuman beings are surrounded by certain norms and beliefs.  Not merely India but other countries, like China, also take care of Feng Shui and likewise follows.  Offering prayers to gods, following protocols set by them, and performing certain practices make us think positive.

    One such traditional practice in India is Vaastu-shastra! It is the “science of architecture” and it is believed that deep analysis of architecture and designs is done before launching the property.  Certainly, future aspects of people using the property depends very much on Vaastu compliance.

    A property, whether residential or commercial, is important to the owner as years-long of savings have been invested in its purchase. But, at the same time, some owners who believe in Vaastu do demand for Vaastu-compliant properties.

    But, what if you were given a choice between a beautiful and affordable property that is non-compliant to Vaastu and a property that is expensive but compliant to Vaastu? Here some of you may prefer the property price over Vaastu while some would like to buy Vaastu-compliant property. Well, it depends upon the importance of Vaastu in a property.

    Can Vaastu Norms be Avoided?
    Experts say that Vaastu imperfections are quite common and can exist in almost every home because nobody is perfect and properties are no different. As we always find measures to repair the damage, Vaastu imperfections can also be “repaired”. So, when buying a property, one can accept a good offer even if some Vaastu flaws in property do exist. It is not every day one can get offer to buy property at good rate.

    Nevertheless, one should not get so carried away with the offer that he ignores even the basic requirement of Vaastu norms. Some basic fulfilments in regards with Vaastu are:
    1. The plot of the property should have a square shape.
    2. There should not be any cut in the construction, especially in north-east direction.
    3. Property should not be such that is faces south-west direction.
    4. Make sure Bathroom and kitchen constructions are not in north-east direction.

    Some owners are generally seen blaming Vaastu for everything that goes wrong in their professional and personal life, which is totally preposterous. Any repair needs money and so, does the Vaastu imperfection. So, take help from a Vaastu expert and analyse what amount will be required to rectify the Vaastu errors. This will help the buyer to interpret the overall money which he will be spending and help him make the correct decision.

    DLF Coming Up With The Crest Residential Project In Gurgaon

    DLF Crest 1DLF has already stamped its name in the real estate with its enticing erections in Noida and Gurgaon. Whether residential or commercial, DLF Skycourt in Gurgaon or DLF Mall of India in Noida- the brand has lays down each project with peculiarity. Moving ahead with its legacy of delivering the best, DLF is now coming up with its latest residential project in Gurgaon – DLF The Crest.

    About DLF – The Crest
    DLF The Crest is a residential project and is touted to be the one of the best projects delivered by DLF so far. The society will brag about 2/3/4 BHK apartments and 4/5 BHK penthouses flourished with iconic features and amenities. These apartments and penthouses at DLF The Crest will be fully furnished and will be designed and architected in way to provide spacious arena for luxury living.

    To be situated amidst lush-greenery, it offers the provision of natural sunlight and fresh air circulation in each apartment. At Crest, the residents can enjoy the beauty of nature as it will be constructed with 75% of open space carrying water bodies, cool atmosphere and mesmerizing garden with blooming flowers.

    Features
    • 2, 3, 4,5BHK and penthouses avail@50% now and Rest on possession
    • Best Construction by L&T
    • High speed passenger elevators with additional service elevator for support staff
    • Highest seismic considerations of zone-V
    • Approximately 8 mins from NH-8 with rapid development of HUDA sector road
    • Easy reach to HUDA City Centre Metro station within 10 mins.
    • 8 mins. from DLF Mega Mall
    • AC apartments with energy saving VRF or VRV framework including the kitchen and the utility room yet barring the toilets.

    Project Description
    Tall towers ascend from the sprawling 8.822 section of land (35701 Sq. Mt.) site with sensational style.

    Six stunning towers set the stage for an exquisite lifestyle. The Crest presents classic and modern design in timeless harmony. Its interior is equally spectacular, with well-appointed, spacious three and four bedroom apartments and private balconies that overlook a beautifully landscaped complex and the cosmopolitan city skyline.
    Architect: Hafeez Contractor

    Major Amenities
    • Sewage treatment plant
    • Car Parking
    • 24/7 Power Backup
    • Gymnasium
    • Intercom
    • Rainwater harvesting
    • CCTV Camera Security
    • Wi-Fi Connectivity
    • Multipurpose Court
    • Swimming Pool
    • Toddler Pool
    • Card Room
    • Community Hall
    • Multipurpose Hall
    • Party Lawn
    • Pool Table

    Location: Golf Course Road, Gurgaon.

    Subsidy On Home Loan – Pay ₹2.4L Less For Your First House

    first home

    Subsidies for home loan announced by PM Narendra Modi under Pradhan Mantri Awas Yojna (PMAY), on 31st December 2016, will now come in to play. Government has unveiled two new home loan subsidies’ slabs in order to give a thrust to “Housing for All by 2022” proposal and to lift the real estate market. The subsidy is to be claimed on home loans with tenure of up to 20 years, against the 15-year tenure at present.

    People who are earning up to ₹6 Lakh can claim the subsidy of 6.5 percentage points on home loan interest up to ₹6 Lakh. If the home loan interest comes out to be 9%, the claimer will have to pay 2.5% of interest up to ₹6 Lakh and 9% on the rest of the amount.

    For the other slab, which covers the income of up to ₹12 Lakh, the subsidy on home loan is decided as 4 percentage points for up to ₹9 Lakh.

    Third home loan subsidy slab will cover the individuals with ₹18 Lakh per annum income under which 3 percentage points of subsidy on principal component of up to ₹12 Lakh will be granted. The subsidy on home loan so granted are regardless of the amount of home loan.

    first home rateAn individual under the income category of ₹18 Lakh can buy his or her first house at cost ₹2.4 Lakh less. On an average, the individuals under all three categories will get the exemption of around ₹2.4 Lakh on their respective home loans. (See Table Above).

    The nodal agencies operating the subsidy schemes at present are – NHB (National Housing Bank) and HUDCO. 18,000 first home buyers under the scheme for low-income group are being subsidised at a cost of around ₹310 Crore. The disbursal rate is most likely to rise due to the inclusion of middle-income category under the scheme.

    This is to be noted down that the subsidy on home loan under PMAY is in addition to the tax benefits on home loan and may reach ₹61,800 per annum for an individual in the 30-percent tax bracket.

    Top 10 Ready To Move 3BHK Flats In Greater Noida Between 65-80L

    Omaxe NRI CityWith safe investment options and price affordability features, Greater Noida has emerged as a right place for homebuyers and investors. Many renowned developers have launched affordable residential projects to tap the rising demand of residential apartments. Below are the top 10 ready to move 3Bedroom-hall-kitchen flats in Greater Noida ranging between Rs. 65-80 lakh offering commendable amenities along decent pricing:

    ATS Greens Paradiso, Chi 4
    ATS Greens Paradiso Greater NoidaGreens Paradiso is beautifully designed and planned with stunning architecture and facilities to give you a lifestyle statement. ATS Greens Paradiso is the recipient of the Best Residential Building Design Award (Runner Up) in the RR Kabel Society Interiors Building Design Awards 2011. This project has been presented with utmost care to design, detailed planning and good construction quality which leads to best home here to live in.

    Parsvnath Edens, Alpha-II
    PARASVNATH EDENS Greater NoidaWell-connected by different modes of transportation, the towers and 3BHK apartments here are intelligently constructed to utilize maximum possible space. The project is well-equipped with modern day amenities to cater the need of its residents. Round-the-clock security and water storage are the two key features of the project besides excellent basic amenities.

    2-Acre Land Reserved By Noida Authority For NDRF Base Camp In Gautam Budh Nagar

    NDRF GhaziabadNine major chemical industries, rapid urbanization and increasing population – Noida certainly is the point where quick action is required in case of any disaster. Keeping the same in view, Noida authority has finally reserved 2-acre land in Noida’s sector 153 where National Disaster Response Force (NDRF) base camp can be set.

    According to the current situations, the Gautam Budh Nagar district awaits the response from NDRF battalion that has its headquarter in Ghaziabad. While 30 other NDRF personnel are appointed at Dwarka for the same but the distances of both to Noida are not short enough to reach the spot in time. Time taken from either Ghaziabad or Dwarka to reach Noida is good enough for the disaster to damage the lives of lakhs.

    Together with NBRF and MHA (Ministry of Home Affairs), Noida Authority approved the proposal for base camp for disaster response in Noida in September 2016.

    Approval for the land allotment has already been received nevertheless, the construction work will begin post to Uttar Pradesh assembly elections. Ministry of Home Affairs and NDRF together took up the proposal for the land allotment for disaster response in Noida.

    The personnel who will be appointed for the new base camp in Noida will undergo training for CBRN (Chemical, Biological, Radiological and Nuclear Defence) situations.

    Designing of the base camp is in the process and hopefully, it will get in to operation within a year.

    Paras One33, A Commercial Project By Paras Buildtech To Launch In Noida

    Paras One33 Noida
    Representative Image

    Contribution of Paras Buildtech has made the NCR a better and comfortable place for residing. The real estate projetcs in Noida, Gurgaon and other national capital regions is not just gaining great heights but also managing the aspirations of many people. Today, people of NCR are not just looking for a place to reside or carry out their commercial activity.

    They are going for a name that will signify excellence and quality. The way National Capital Region is being developed, lot of thought process is put into action and then a similar style of solution is being provided.

    Now, Paras Buildtech is coming up with its new venture – Paras One33
    Location: Sector 133, Noida
    Type: Commercial

    The commercial project by Paras Buildtech will soon be launched in one of the rising national capital regions. Covering the land of 2acres, it is the mixed land use development project by the Paras Group. Equipped with all the modern amenities, Paras One33 in Noida will bestow well-plotted spaces for commercial use including hotel, serviced apartments etc. The site has its advantage for being located adjacent to the Noida-Greater Noida Expressway.

    More About Paras One33
    • Affordable
    • 24×7 security
    • 172 serviced Apartments
    • 310 Retails

    Saleable Area of the project will be approximately 2.35 lac sq. ft.

    Flooring Pattern
    • LG + G + 1st Floor – Retails
    • 2nd Floor- 5th Floor – Serviced Apartments
    • 2 Level Basement – Parking

    More About Paras Buildtech
    Paras Buildtech is a not merely a name but a pride in real estate sector. With its back-to-back commendable erections of residential, commercial or mixed edifice, they have marked their strong presence in Noida, Gurgoan, Mohali and Zirakpur. Paras Buildtech is one of the verticals of Paras Group which has its horizon spread in diverse sectors and is more than 5 decades old.

    Besides its soon-to-launch Paras One33, the 8 of Paras Buildtech’s projects have been flourished and gaining fame in various cities and NCR. Paras Tiera in Noida, and Paras Square, Paras Twin Towers and Paras Trade Centre in Gurgaon are few to be named. While 5 projects by Paras Buildtech are lined up for completion.

    Real Estate Projects In Noida, Greater Noida Seeking Co-Developers Assistance

    Amrapali Dream Valley
    Representative Image

    As Noida and Greater Noida bear plethora of incomplete and yet-to-begin realty projects, the realtors are now looking forward to get help from the co-developers. The latter will be lending their hands to the realtors in completing the ongoing projects on a vacant land under new project settlement policy.

    Currently, there are approximately 203 realty projects in Greater Noida which are under constructions. Out of this, 65 are stuck in the middle of construction due to some or the other reasons and their builders and the Greater Noida authority are yet reach on a settlement.

    Further to this, thousands of buyers seem to be stuck by investing in such realty projects in national capital regions and so, the co-developers’ assistance for completing real estate projects could be seen as one of the possible solutions to the state of realty affairs.

    Around 20 realtors, including Amrapali Groups which claims the largest land pool in Noida and Greater Noida, are looking for the co-developers assistance for delivering their projects as soon as possible.

    So far, Amrapali Groups is looking for co-developers assistance for its six ongoing projects namely Leisure Park, Leisure Valley, Golf Homes, Silicon City, Princely Estate, Dream Valley
    6 months of time period has been granted by the Noida and Greater Noida authority to the CREDAI (Confederation of Real Estate Developers’ Association of India) for the accomplishment of new project settlement policy.

    While real estate builders are already in discussion with their possible co-developers, the Noida and Greater Noida authority are yet to assign the respective project to the co-developer.

    Latest News