Real estate companies in India

India’s real estate market is on high growth. In this article we are listing some of the real estate companies in India. Some of the players we have listed are at national level and some are at regional level.

ANSAL API was established in 1967 as a family business. Mr. Sushil Ansal is the chairman of this company. It is today amongst the real estate leaders of India. It has already established themselves in NCR region and now moving towards cities like Bhatinda , Panipat , Mohali , Jaipur ,Ajmer to name a few. The company is having land reserve of about 9,335 acres. Recently it has raised Rs. 231.4 corers through private placement of shares for reducing its debt and executes ongoing projects.

DLF LIMITED is a 64 year old real estate company. Dr Kushal Pal Singh is the chairman of this company. And it is India’s largest real estate company in all terms be it revenue, earnings, or developable area. As of now it covers all pans India having its presence in almost 30 cities today. The projects that it has undertaken include residential townships, commercial complexes, IT parks, multiplexes to name a few. It is also included in BSE Sensex, nifty. Its present mall DLF emporio is operational only in New Delhi but now it is thinking to take it to other cities like Hyderabad and Chennai. OMAXE LIMITED is a twenty year old company headed by Mr. Rohtas Goel . It was the first construction company if Northern India to receive an ISO 9001:2000 certification. It has made diversified range of residential and commercial projects. It has constructed several shopping malls, commercial complexes, and group housing. It has entered in to infrastructure sector through OICL.

UNITECH was established in 1972. It is India’s leading real estate developer in India. Mr. Ramesh Chandra is its Executive Chairman. The company has over 600,000 shareholders. It offers diversified projects across residential, commercial /IT parks, retail projects. Unitech with Telenor group came together to build Uninor –a telecommunication company which provides GSM services across ountry.

GODREJ PROPERTIES LTD is headed by Mr. Milind Korde .It was established in 1990.It is among India’s top three real estate companies while continuing to be the most trusted name in the industry. They have recently developing several projects in eleven cities across the country. It has sold 200 apartments within two days of launch in Gurgaon recently. This is company’s first residential project in Northern India.

Author Bio:-The name Sushil Ansal does not need any introduction in the field of Real estate. Sushil Ansal is an iconic figure of his field and has changed the face of Real Estate in India.The Chairman of Ansal Properties & Infrastructure LTD (Ansal API) is the driving force in establishing the brand Ansal API.Mr.Sushil Ansal has had an illustrious career spanning over 50 years.

Real Estate Value: Knowing What You Have

Keen to know what is the value of a house where you are living or a house you have rented out as P.G or flat. Compare the site with your neighbors or another society. Your property value is directly linked to those uses which are legally allowed by right, based on the area you are living in. To know that what value your property has you can take help of an appraiser who may help you in assessing the actual value of your property. It is actually easy to evaluate the houses which are located in planned subdivisions. Value of a property differs from place to place, region to region. Same land in terms of measurement will have different prices across different states. Property near by metro cities and property in developing areas will have major difference in its value.

Investing in real estate became more common now with the change in government regulations and government favorable attitude towards FDI and home loan facility by banks. People are also earning handsome profits by buying resale property. People are also investing in Land, farmhouses as well. Coming of new MNC’s to India an opening their branches in India is also boosting up the scene of real estate in India with profits in abundance. People migration from rural areas to urban areas in search of jobs or better education also has pushed up increase in rental properties.

In order to know the value of your home start researching information about sold properties on your local government websites for your respective area. These websites gives you rough idea of the price your property might have. Location is a main component while deciding the value of a property you are having. Geographic lines such as opposite sides of arriver or a park can be invisible dividing lines that put the property in another segment. If you have a property in a posh area with all the basic amenities, living standard and modular homes, ultimately these factors will increase the value of your property. Second is the kind of built your home is having. In short size does matter while estimating your property. Do you have a simple kitchen or a modular one? Do you have 3 bedrooms and bathrooms attached to every room? Side view also tends to increase the value of your property.

Author Bio:-The name Sushil Ansal does not need any introduction in the field of Real estate. Sushil Ansal is an iconic figure of his field and has changed the face of Real Estate in India.The Chairman of Ansal Properties & Infrastructure LTD (Ansal API) is the driving force in establishing the brand Ansal API.Mr.Sushil Ansal has had an illustrious career spanning over 50 years.

Establishing the Value Of Real Estate For Explosive Profits

Investing in real estate is I trend nowadays. People are either investing in gold or property. These are the best sources of profits. Once you have located the property you want to buy or you are interested in buying, look at it and match it with your investing goals. Whether this property will help you in achieving your basic goals. There are certain methods with the help of which you can easily establish the value of a property. Investment in any business usually requires a large financial commitment. But the help of certain banks you can get loan and you may not have to put much money down.

If you rent out your property you can earn maximized profits easily side by side keeping full control over your property. You are the boss of your property business. Investing in real estate is actually beneficial. Homes serve as a basic need of people. No matter the other things, people need homes for sure. They need to find a place to live in as shelter is a basic need. If your property is located in a very well established posh area where you have good schools nearby, proper transportation facilities via road or metro, proper electricity and water supply, parks and good neighborhood, low crimes then your investment in real estate property will retain its value.

So keep this thing in mind that area you are planning to invest in should be a good society and having all the above mentioned amenities there. Your investment would be worth it then. It depends on you in which way you want to invest. Whether you want to invest in property for rental purpose or for selling the property again after some years. Keep this tactics I mind that buy solid properties in solid neighborhoods and rent it out to solid tenants. There is as such no hard and fast rule in making your investments. It is your wish, you resale it, amend it and resale at better prices after a while or you rent it out. You can also invest in Land instead of investing in built property. Land is an investment where there are no chances of destruction.

When you buy a property you need to build its value to avoid financial disaster. Once you have come to know and you learn the idea how to earn explosive profits by establishing real estate value, you will earn good money as you will be capable of giving an intelligent offer.

Author Bio:-The name Sushil Ansal does not need any introduction in the field of Real estate. Sushil Ansal is an iconic figure of his field and has changed the face of Real Estate in India.The Chairman of Ansal Properties & Infrastructure LTD (Ansal API) is the driving force in establishing the brand Ansal API.Mr.Sushil Ansal has had an illustrious career spanning over 50 years.

Dealing with Tenants

It is very difficult to deal with awkward tenants especially when they are new to letting property for renting purpose. It is very essential to manage the landlord –tenant relationship effectively and resolve the problems with proper techniques when they arise. Most of the people are civilized and are good people who pay their rent in time and cause no issues and do not violate the rules.
First thing to always keep in mind is that you should be professional with your tenants. Even if your tenants do not behave the same way then also you have to be very much professional with them. You have to keep one thing in mind that it is your business and you have to treat it as a business only. Be true and honest. Try to be in a relationship which is full of mutual respect and humanity. When they have any problem then you should be there to help them out. You should sort out their issues properly in time. Please forget the habit of lingering it on. Some problems are actually of serious nature and difficult to avoid such as basic amenities like electricity, leakage problem and water supply problem. These should be dealt on priority basis. The most common tenant problem is late rent and bad checks plus pets, noise, additional residents, sometimes landlords feel that the issue will be resolved itself and there is no need to interfere but that is a big mistake. Regarding rent it is always advisable to send nonpayment notices to everyone
Landlords are advised to keep detailed information of all the persons they are keeping as tenants. You should take their necessary documents. Also keep track of legal or financial transactions with your tenant. Also keep track of all the warnings or requests you have issued to your tenant. Always keep copies of all the e-mails and letters to and from your tenant. You can minimize the possibility of damage by using hard wearing, durable material, and carpets in a dark color. Do not use breakable things.
The best thing is to screen your tenants in beginning only. This will help you to avoid issues later on and thus helping you to save your time and energy. Be aware of the employment history, behavior, criminal records, reason for leaving the previous flat and credit history.

Author Bio:-The name Sushil Ansal does not need any introduction in the field of Real estate.Sushil Ansal is an iconic figure of his field and has changed the face of Real Estate in India.The Chairman of Ansal Properties & Infrastructure LTD (Ansal API) is the driving force in establishing the brand Ansal API.Mr.Sushil Ansal has had an illustrious career spanning over 50 years.

Information on Purchasing a Resale Residential Property

A residential property is bought to serve the purpose of living a life in comfort and peace. For accomplishing that purpose you need to follow certain rules before buying a property. In this article we are discussing some steps you need to ponder upon before you step in to your new home, which is a resale property.

All the documents that are applicable for a primary residential property sale would be required for a clear resale flat transaction as well; the seller should anyhow be able to produce all the original documents. There are certain documents that are of upmost importance. Incase these documents are not available you will not be able to proceed the transaction. These documents are Original sales deed and society share certificate.

Apart from it proper transfer and re-registration is also very essential. The documents which are necessary for registration of residential flats include a letter from society that reflects details such as the number of floors in the building; the apartment’s built up area, number of lifts and the construction year. In addition a buyer should ask for a clear ownership history if the residential property has changed hands before. Assessment bill to the society is a also required from the municipality, NOC from the collector if the building is existing on collector’s land, property card copy.

It is not necessary that resale property is cheaper. In the larger cities, new residential property supply is scarce or does not exist in many locations. No discounts are available in these areas. Discounts are in the areas where market is more competitive. There is a higher possibility of flexibility in payment terms.

There are few points that you have to ponder upon. Certain challenges are there that a buyer of resale flat may face. Where the property has been sold many times chances are there that you may face improper documentation. If the property is very old, then it may be so that it is not even registered. Earlier laws were different and in present scenario it is quite different. Registering it by the buyer at the time of purchasing may require warming up of few pockets. Additional expenses related activities may be there where you may have to repair in terms of plumbing, electrical wiring and some fittings. Before taking home loan for a very old property may also be very challenging. One thing a buyer should keep in mind that an old property might not include the amenities and facilities that a new property will definitely have.

Author Bio:-The name Sushil Ansal does not need any introduction in the field of Real estate.Sushil Ansal is an iconic figure of his field and has changed the face of Real Estate in India.The Chairman of Ansal Properties & Infrastructure LTD (Ansal API) is the driving force in establishing the brand Ansal API.Mr.Sushil Ansal has had an illustrious career spanning over 50 years.

Factors to Consider When Buying a House

Before buying a house for you there are very basic things that you have to ponder upon and these things are very essential to do as you are investing your hard earned money in that. That house may seem like everything you have ever wanted but before making an offer you should take some time to consider few things beyond the size, style and price. Sometimes we are in hurry and we forget to ask certain important questions that we should.

In this article we will discuss these important things that we have to consider before taking and maturing this step.

We must do close inspection of the building or home as it does not cost much but will help you in saving your thousands. It can make you aware of bad renovations, internal damages, leakages that may be hidden by some adhesive materials or patchy walls that may be hidden by paints. You should know what you are buying.

At first appearance it seems that it is a perfect property , but you should have your brain , eyes and ears open so that does not turn in to a worst nightmare. You must check the ownerships of surrounding properties and make sure that you are aware of any restrictions and you can also council regulations that may apply to the property. There are many renovations that need to be approved by council before work commences.You should be doing your homework so that you can make an informed decision.You must keep a close eye on market trends and monitor big picture factors like economic growth, interest rates, government policies, demographic characteristics.

Location is also an important factor that needed to be taken in to consideration before buying any house. This may include schools, connectivity to roads, proper transportation facilities, shopping complexes and parks. If incase an area is out of your price range then look for areas with similar characteristics that have somewhat lower budget. It is very important to see the size of the accommodation. It includes number of bathrooms, how kitchen is built, number of bedrooms in the apartment as it would be very difficult to adjust in house which is too small for your needs. You should also look for storage spaces to keep your important things which you use once in awhile but are essential in your household work.

You should carefully review your budget, your spending and income to identify areas you can save money. You also have to monitor your peripheral expenses. You will also have to pay to the broker if incase you are using the services of brokers. There are also certain legal formalities including property and registration taxes. You should be in condition to take care of them as and when they arise.

Author Bio:-The name Sushil Ansal does not need any introduction in the field of Real estate. Sushil Ansal is an iconic figure of his field and has changed the face of Real Estate in India.The Chairman of Ansal Properties & Infrastructure LTD (Ansal API) is the driving force in establishing the brand Ansal API.Mr.Sushil Ansal has had an illustrious career spanning over 50 years.

5 Steps to Take Care Of Prior To Buying Real Estate for the First Time

Most people are excited when they buy real estate for the first time. It is a dream of many to own a house and when the time finally comes for the big day, they really become anxious. But, there are a few things to take care of before buying real estate for the first time.

1. Your credit and FICO score is important and it is the first thing a lender will look at. The FICO score should be between 400 and 850 with 850 being the higher end. The FICO score should be as high as possible. Try to attain a credit report and to find out your FICO score.
2. The next thing to know in buying real estate after knowing your credit score is your finances. It may be that the down payment in purchasing a home can be huge and you should know that there are many different loan/mortgages that have low down payment options. You should not buy a house which will be difficult for you to afford.
3. You may want the mortgage broker or banker to pre approves you when you meet him. Pre approval is an underwriting of your file and it will let you know how much you can spend in buying your house. In order to underwrite your file, you may have to produce your income certificate, credit and many other things.
4. It may be difficult for many people to pay for the entire home upfront and to afford the down payment. Have a look at the down payment assistance programs when you meet with your mortgage broker or banker. By this you will be able to know what programs are available and if you are eligible for them.
5. Look for first time home buyer classes when you buy real estate for the first time. Most often, many lenders and realtors offer education classes for home buyers. By these classes, you will know about applying for a loan, working with a realtor, making an offer, bargaining and closing. The overall process will become smoother for you as you know more about it.

Buying your first home is a big step and it can become overwhelming. If you are unprepared, there are classes and programs that can help you in easing the process. In buying real estate for the first time, keep in mind these five steps and you will find the entire process less daunting.

Author Bio:-The name Sushil Ansal does not need any introduction in the field of Real estate.Sushil Ansal is an iconic figure of his field and has changed the face of Real Estate in India.The Chairman of Ansal Properties & Infrastructure LTD (Ansal API) is the driving force in establishing the brand Ansal API.Mr.Sushil Ansal has had an illustrious career spanning over 50 years.