Oberoi Esquire – The Exquisite Project by Oberoi Realtors


Welcome to Oberoi Esquire the exquisite project by Oberoi Realtors. This is one of top rated project amongst all the upcoming projects in Goregaon East, Mumbai. Settled amongst nature friendly area of trees and gardens. Spread over 80 acres of land this project includes 3 Wings with 50 storey each. The Buildings are structured as Stilt + 5 Levels Podium Car Park + Basement parking. Wipe off the worries about searching a space for your Car park, as you have multiple options to select the best space for your car park. It has Luxurious 3 BHK & 4 BHK flats admeasuring 2190 and 3200 . The hunt for your Penthouse ends here, check out the top floor Penthouse in all the wings which has a breathtaking view, such as Sanjay Gandhi National Park, Aarey Colony, Western Express Highway and almost entire city.

The other flats have astonishing view of the surrounding fountains and its exotic landscaped garden. Buying a Jodi Flats without disturbing a structure is an outstanding plan by architectures of this project. It's planned in such a way that there are no Pillars or rafter in between Jodi Flats. Stay fit by using the Amenities like: Swimming Pool, Indoor & Outdoor games, Gymnasium. Come and release your stress within the complex by using Jacuzzi, Aerobic Center, Yoga Room, Steam etc. Take a walk in a lush green Garden which is nature friendly. Your kids will now be within the complex as it has kids play area, Clubhouse and much more. Be safe all the time as it includes all the Safety measurements such as, Fire Fight Equipments, CCTV Camera, High Profile Security 24 x 7, Power Backup, Concealed copper wiring, Vitrified flooring, Anti skid flooring in Bathroom and much more.

The topmost priority for all of us before buying a home is Travelling Convenience, now travelling will no more be a hectic for you, being situated very close to Western Express Highway, 5 minutes drive from Goregaon East Station, public transports and many other important locations gives you the added advantage. There are host of facilities in surrounding areas like Oberoi Mall, Oberoi International School, Hotels, Restaurants, Schools, Colleges, Fast Food Joints, Cinema halls, & Chota Kashmir lake. This project will fulfill the all the requirements for both Residential as well as Investment purpose. Buying a home in Oberoi Esquire is like buying a Combination of Elegance and Convenience. Given all these it comes with a best suitable budget of Rs 2.5 Cr to Rs 4 Cr.

Waiting For The Real Estate Bubble to Burst


If you have been a part of the Indian real estate discussion boards, the pessimism must have gotten to you by now. Everyone seems to be preparing for a severe slump in the real estate market when all the residential property developers Noida or those in other parts of the NCR will cut off house prices by a big margin giving sharks (read: black money owners) a chance to own several properties for cheap and sell them off at higher prices when the market starts climbing after the slump cycle. What amuses us is that such predictions have been around for more than we can remember. In the beginning of 2009, some people started spreading rumors of a supposed 'Bubble Burst' in the real estate sector.False Expectations and the Harsh TruthAs it should have, the discussion had its effect on home buyers. They have been waiting for the bubble to burst, when the prices will be dirt cheap as compared to what it is today and they will be able to buy houses in bulk.

Unfortunately though, the bubble has been thickening all this while and instead of bursting, the bubble has reinforced itself.What people forget is that residential property developers Noida have their well wishers working in favor of them, and for the interest of the average home buyer. Besides, at the top of the hierarchy is none other than the RBI. The policy lending rates are increased on time to contain inflation, which keeps the economy balanced out. Policy makers and bureaucrats of the country are doing their bit in protecting the real estate industry from degenerating into a free-for-all market where foreign money (neither FDI nor FII) will flow in to seize advantage of the depreciating real estate value.Even if the bubble burst, which we are sure not to happen anytime soon, businesses will overpower the average salary earner looking to own a house of his own. There was a time, not longer than five years from now, when businesses drove real estate.

Today the power is with the salaried class. Unfortunately, the situation seems changing fast against the monthly salary earner. Possessed with greed, potential buyers are deciding to wait for some more time expecting that the prices will for once come down, whereas the prices have gone up significantly quarter on quarter, every year.residential property developers Noida does not see any chances of that happening, not until 2014 or even later. The truth about real estate prices in Noida or Gurgaon or anywhere in the NCR for that matter is that, it is not going to decrease. Instead of waiting for a dubious future, we advise you to begin researching real estate developers in Noida and Gurgaon before things go way out of your reach.

Property Investment


What is Lease Options?If the seller wants to stop paying mortgage on property and move on without selling at below its full market value, this is another way of not fully giving up ownership, but leasing the property for a period of time, usually between 5 and 15 years or more depending on the agreement between both parties. A lease option gives the buyer an option of buying the property at an agreed amount at a future date. This is common when a property has little or no equity.Selling a property through an estate agent in the current market can take several months. In some situation, the estate agents could ask the seller to reduce the price to create interest, but still, the property is not sold and the seller may be in dire need to move on, especially if the property is negative equity.

However, selling to a cash buyer a property with zero equity requires a discount of about 25% and the seller may not be in the position to reduce the price.Lease Options enables the seller, to grant the buyer an option to buy the property at close to the property's full market value based on today's market in the future. This enables the buyer to take over the mortgage payments, maintenance and upkeep. It gives the seller or property owner the freedom to move on in life without thinking of any mortgage payment.A typical example of a lease option is thus - let's assume a property is in the market for 100,000. There is an outstanding mortgage of 80,000, monthly mortgage of 500. In order to attract interest, the seller needs to reduce the property price to probably 80,000. In doing so, he will not make any profit at all from the sale and worst still, it could take between 6 to 18 months or more to sell. This means he will continue to pay the monthly mortgage.With lease options, the seller could grant us an option to buy the property for 90,000 within the next 5 years or at an agreed period of time. During this time, the buyer will be responsible for the monthly mortgage payment, carry out maintenance and total upkeep of the property. If he (buyer) chose to exercise the option to buy the property at anytime within the option period, the seller will make 10,000 profit after paying off the mortgage of 80,000. Should the buyer chose not to exercise the option to buy at the end of the period for any reason, or the seller chose not to sell, the property would be returned to the seller in very good condition probably with improvements made to it.

At this time, the seller has saved himself from the burden of paying mortgage, benefited from a long period of not even thinking about mortgage nightmare and the property had experienced significant capital growth.These are some of the scenarios where lease options apply:If the owner is facing mortgage arrears;If the owner is facing repossession, especially on a property with zero equity;If the owner want to move on quickly, burden of mortgage, council tax, maintenance;If the owner do not need lump sum of cas0h to move immediately;Lease Options is a free service and can be completed within 28 days in most cases.For further information on how to sell your house fast, property related query or lease options, please contact

Porur – The Fastest Growing Suburb in the Property Market of Chennai


Occupying a crucial position on the Mount-Poonamallee Road, Porur a suburb of Chennai is famous for its manufacturing plants, chemical industries, residential colonies as well as wholesale vegetable markets. A neighborhood that holds much importance, the existence of Porur can be traced back to the Pallava Period (2 - 9 century AD). The locality was upgraded into a Panchayat in 1977. Porur got is identity with the establishment of the Ramachandra Medical College and Hospital in 1994. With the passage of time, the population also increased that led to the state government taking measures to improve the infrastructure of the neighborhood. The area has recorded a growth of 63% in its population over the last decade. The higher decadal growth has led to the populace hunting for jobs in the Chennai suburbs and Porur scores above all other Chennai suburbs. This growth in turn has bolstered the Chennai Realty Market and today some of the best flats/apartments in Chennai are available in Porur.

With the existence of three IT Special Economic Zones (SEZs), Porur is being gradually transformed into an IT hub of Chennai. Currently, companies like Zoho, IBM, Mphasis, Cognizant have their offices in this locality. The next IT Patk TCH that is coming up has already been taken over by HP. The SEZs already employs more than 1000 employees. The social infrastructure like schools and hospitals has further accentuated both the commercial as well as the residential realty market of the area. All these developments have led to the emergence of Porur as preferred residential areas of the city of Chennai. Residential Realty Market Porur is witnessing both large as well as small scale residential developments. One can choose from both ready-to-move-in properties and properties that are under construction. An upcoming locality within Chennai's property market, one can choose from 2BHK or 3BHK apartment in Porur that are available in various architectural designs and different floor areas. Apartments fitted with the basic facilities are available within the price band of INR 3700 to 4200 per square feet as of March 2013. Whereas properties within the gated communities in the same area will come at a cost of INR 4500 to INR 5200 per square feet because that are equipped with some of the best amenities that a modern-day end user would look out for. There is a huge demand for 2BHK and 3BHK apartments in Porur and the surrounding areas. Since there has been an increase in the number of working professionals, a demand for properties on lease has also increased. Large projects that house apartments command a premium of 20-25 per cent over builder floors.

The average price band for a rented property in Porur will come at a cost of INR 11000 to INR 13000 per month. Connectivity and Infrastructure Porur acts as an important junction between the neighboring commercial areas like Guindy and Vadapalani. It also acts as major link areas between Kundrathur and Poonamallee. The neighborhood of Porur is well connected to other regions through all kinds of transport. The government has plans to construct a metro railway connection in the same area and once the under-construction flyover is open to the public, the realty market is expected to record a boom. With proposed infrastructural developments growing at a fast pace, the area is expected to witness further boom in its realty market. Going by the current trends in property, it can be said that the investing in a property in Porur is worth as it is bound to yield good results in the coming future.

Why You Need a Team for Real Estate Investing


You may think you're on your own when it comes to real estate investing. Lone wolf tactics take up a lot of your time, and most people just don't have the time, skills, or knowledge to do it all. A team effort helps to spread out not only the work and responsibility, but it also puts people who have the skills and knowledge at your fingertips when you need them. Here are the 10 people you need on your real estate investment team.A banker or mortgage broker can pave the way for quick financing and closing. You could actually use both on your team.A bookkeeper or accountant to keep your books for your real estate investing and tax purposes, and one who understands and keeps up with all the laws will be an invaluable member of your team.

A real estate attorney who is familiar with the laws in your area and has experience with real estate investments is one of your top team members. You also want someone who keeps up with the many changes in real estate law.An experienced real estate agent who has access to the MLS and knows about the area you invest in is another invaluable member of your team.An appraiser can give you the value of a property, and suggest ways to improve its value. You need an appraiser who will communicate with you.An inspector who is qualified and ideally was or is a contractor can not only find issues with the property, but also give you a realistic idea how much it will cost to fix any problems.An insurance agent who is versed in working with real estate investments can save you money and protect your interests in the property. They may also be able to give you discounts if you use one agent for all of your rental investments.

An escrow officer can help to explain a contract to both the buyer and the seller. Most escrow officers are with closing companies.A cleaning crew or person will free you up from the mundane task of getting a rental property ready for a new tenant. They can also help to clean up after a rehab project.A rental property manager should have experience, have time for you when you call, and be responsive. They should also know what rent is fair and competitive in your area of investment.You don't have to do it all, and with a qualified and talented real estate investing team you won't have to. Real estate investing is less stressful and more profitable with a team behind you.

Launch Alliance Orchid Springs Heaven on Earth


For a home to be perfect, one needs a strategic location, handful of amenities and a developer that can craft a home by undertaking all the features required for a comfortable and serene life. Alliance Group is one of the reputed real estate company, which through its impeccable professionalism and honesty, stand out of the crowd. The company believes in working with ethics and strategic planning to bring into life the perfect residential masterpieces.The Project is designed to catch the nerve of the professionals and socialites who want a perfect lifestyle without any compromise with the comfort and elegance. Located away from the chokehold of the city, this self-sufficient township offer you an unimaginable living that can suit your fancy and whim. The handpicked location of the Alliance Orchid Springs is one of the sought residential destinations in Chennai. It is located at Annanagar West Extension, Padi, Chennai. The close proximity to the two fresh water lakes ensures, both the panoramic views and healthy surroundings.

Other than this, this mini township ensures that you are living close to the commercial sector of the city, making it comfortable for you to travel to your offices.The well designed architecture and infrastructure of the project makes it the most influential address of the city. Alliance Orchid Springs Chennai is a gated community and with the world class features and state of the art amenities make sure that you give a perfect life to your family. To add to the grandeur and elegance, you will have access to umpteen features and amenities, some of which includes, exclusive club house, in-complex departmental store and multiplex, well landscaped gardens with featured water bodies and play area for kids. Other than this, round the clock security with hi-tech tools, 100% power backup and much more, add to the value of the project.This township is one of its kind and offer you well-developed residential place which supports high quality and exquisite lifestyle. This international standard residential project is available at affordable prices which is ideal for your pocket and satiate all your needs.

Alliance Group is one of the leading real estate companies in India. The company is committed to provide unparallel living experience to the people with the perfectly planned and developed real estate properties. The alliance Group is a 5000 crore enterprise which is planning to hit the $10 billion target in the coming 10 years.Now, Alliance Group has come up with a latest residential project called Orchid Springs, in the hand picked location of Chennai, making it well accessible with all the major locations of the city and surrounding areas. The project is spread over 18 acres of vibrant and sprawling land that offers you 2000 apartments, a retail mall, 4 screen multiplex, a defined hospital and an exclusive school. All the apartments are designed with great care and are available in the options of 1, 2 and 3 BHK apartments.

Real Estate Booming in Montreal


Montreal is the largest city in the Canadian province of Quebec. According to a stat there is a 10% increase in real estate business in 2012 as compared to 2011. The Greater Montreal Real Estate Board is the largest board that works for the benefit of brokers of Greater Montreal area. Its a non-profit organization. According to this board there were a total of 13,350 residential house sale transaction in Metropolitan area and 5,143 in the Island of Montreal in the later half quarter of 2012. Largest increase in transaction can be seen in the sales of nuclear family home with a value of 13%. There is a increase of 17% and 16% in the areas of Laval and South Shore sales in 2nd quarter of 2012 as compared to same quarter of 2011. Real estate industry has been seeing increase in sale for the 7th consecutive quarter.

Investors are feeling confident for investing in real estate area due to low interest rates and better job market in the area. Very soon it will be the economic hub of the province. Strong economy, job market environment and growth in GDP, all these indications contribute towards attractive business environment. There are approx of one lakh companies in the Metropolitan area in the year 2010 and a high no. of MNC's have chosen this area for their headquarter base. Good connectivity to various waterways and a center of trade add values to investment. Various traditional sectors like construction and textiles are well established here and created over one lakh jobs. It is the first most city of Canadian province with the balance between its 819 sectors and with so much diversified structure of industries. Investors should check for necessary documentation before investing in any transaction.

Buyer or seller should involve a licensed broker in their sale. Confirm the clauses regarding sale and purchase of property with the Quebec notary. As real estate industry in Montreal in getting increase so is fraud cases. Check online status of any property before purchasing it or the identification of party to whom you are selling one. Its the best time to invest in luxury here. Do involve professionals in sale and transaction as their valuable advice will make your investment worth for money. Various agents are providing you online support also, you can subscribe yourself to receive updates and offers from agents in Canadian province. Don't miss the opportunity to invest in booming real estate industry of Montreal.

Choose Conveyancing Firms- Hire Professionals with Wide Ranging Conveyancing Experience


Transferring ownership of a property is a complex and lengthy process. It is laden with taxing procedural concerns with many pitfalls. The transfer cannot be smooth unless one is thorough in the subject. You will need services of a conveyancing firm for both buying and selling a property. The aim of seller and buyer is to let the transfer happen without hassles. Hence availing full conveyancing services right from initial stages of surveys and drafting offer price to requite formalities even after official transfer of the title is a wiser decision. It is always better to use local conveyancing firms to seek suggestions and give instructions as well as check the progress. Due to complexity and necessity to work with or coordinate at number of points, transfer may face a number of hurdles.

Therefore, it is advisable to use experienced professionals instead of doing it independently. A desired recognition of quality services in the profession comes with Conveyancing Quality Scheme (CQS) membership, which is regarded by all the stakeholders in transfer of properties like sellers, buyers, mortgage lenders and the insurers including administrative bodies. CQS accredited members assuredly provide services of good standard and offer transparent fee with itemised breakup. You can also expect good customer relations with regular updates on progress. This ensures sticking to the agreed schedule of handing over by the sellers. Initial survey before buying a property is gradually becoming popular with increasing concern for owning home in healthy environment. Most of the concerns now-a-days include avoiding residential property on coastal flood plain, areas having deposit of coal and areas having radon gas. The Law Society's Conveyancing Quality Standard recommends avoiding contaminated areas to cut down health risks. Surveys on pre-purchases help valuation of the properties though locations are conventionally major determinant of value. Conveyancing firms charge 300 to 500 for pre purchase surveys. Such surveys also satisfy basic requirements of the mortgage lenders to be sure of limiting the lending amount within market value of a property. In a way the buyers find spending a little more for surveying is good for making safer investment in property. Such surveys are considered more worthy in case of properties older than 70 years due to possibility of impending structural damage. Such properties are likely to be built following non standard designing.

Conveyancing firms carry out such surveys using qualified experts because of full liability of indemnity in case something goes wrong. Therefore, such conveyancers use services of professionals registered with Royal Institution of Chartered Surveyors (RICS). Conveyancing firms are a team of professionals having a wide ranging conveyancing experience of handling different type of legal conditions. These are dealing with leasehold and freehold properties, tenancy agreement, mortgage financing, reinsurance and more. Selection of a good firm is quite confusing exercise due to sheer number of them almost in all places. It becomes difficult to track down their credentials. But, experience of a firm can be used as a positive indicator of dependable services. In no way, a firm can overstate the length of existence in business. Also the element of local presence is a positive point for selection due to desired knowledge of an area.

Rumbling Economic Growth is being Motorized by Commercial Properties


Market of Commercial property is being expanded day-to-day considering the demand of real estate industrial sector. Indian Government has also taken certain initiatives in order to accelerate the outcomes of real estate industrial sector. Focusing on policy changes you would come to know that earlier there were certain restrictions that were hindering property buyers to purchase these properties more than an extent. And even there were provisions for NRI's to get approval from RBI to purchase a residential or commercial property in India. But after the policy changes government has relaxed the norms and ease down the path of property buyers. Open market policy initiatives taken by the Indian government is welcoming foreign business and corporate giants to expand their market.

Open market policy is quite beneficial for India's industrial and commercial growth that is why government has taken these initiatives to help India grow hand in hand with other economically stronger countries. Consequently, this has also increased India's export and import. Foreign business and corporate giants that are looking for their market expansion in India must need an office spaces and to grow their business smoothly. As a result this has increased the requirement of commercial properties in India and to accomplish this requirement most of the realty builders are involved in developing commercial residence under their various real estate projects. real projects that are being executed by realty developers are well-provided with modern property with exclusive amenities and comforts. These property are being provided with high standard infrastructure that is mandatory to run business operations smoothly for any of the industry. Malls, shopping complexes, plazas, amusement parks and multiplexes that can be seen at recently developed realty projects are considered under professional properties.

Most of the properties are being developed along with the residential properties under the development of real estate projects to get the greatest outcome from these properties. Everybody knows that commercial properties could be one of the greatest assets to gain capital in present scenario that is why most of the NRI buying property in India believe to invest in commercial properties. This is also one of those strongest reasons that are attracting more and more foreign investors to invest their properties in India. Large population and wide market perspectives of India are justifying the huge requirement of commercial properties and this creating gainful impact on overall growth of India.

Apartments in Chennai Making Realty Industry More Competitive


With a great variety of infrastructural facilities, the city has drawn some of the leading names in real estate not only from India but from abroad as well. All these realty builders are mainly drawn towards the apartments in Chennai. The main reason behind this is the educated population of Chennai. With the city having some of the best colleges and institutes, Chennai has the highest literacy rate. The city offers an ideal environment for business, education, and other skilled professionals to prove their competencies. The apartments of the city offer the best in luxury and amenities and the cost is also very reasonable as compared to the metropolitan cities. If one wants to live in the city, then they can be rest assured about the safety and lifestyle that the place offers. Everyday modern needs and facilities are met aptly by the apartments here. The property builders of the city keep in mind the existing lifestyle of the people living here and make their designs accordingly. Their main concentration is to fulfill the varied demands of the modern life that we all are leading today. These builders ensure that they make creative homes so that the buyers get the value of their investments.

Both apartments and flats in Chennai are equipped with the latest and modern facilities such as swimming pool, around the clock security, uninterrupted supply of water and electricity, gym facilities and much more. The city of Chennai is known to have some of the best realty builders who enjoy good reputation and offers lucrative value for money deals. In Chennai, 2BHK and 3BHK apartments are available. All these apartments offer servant quarters, store rooms, living rooms, and lobby. The designing of the apartments are done according to the existing demand. Various high-end projects cater to facilities like hospitals, shopping centers, schools, ATMs, and banks.

In addition to apartments and flats, the builders are shifting their focus on building temples, which are also drawing investments from some of big names in real estate. If one is planning to invest in Chennai real estate then they should consider various elements such as - budget, water and electricity supply etc. Some of the known builders which are coming up with new projects include - Arihant Arden, Navin Constructions, Vijayshanti Builders, and Indian Builders. Some of the potential areas to make realty investments are - Verpery, Mount Roadd, Semmanchery, Egmore, Gopalapuram, Anna Nagar etc.