Century Real Estate Reaffirms Leadership in Plotted Projects in Rising North Bangalore

Century Real Estate, a leading real estate developer and one of the largest landowners in South India, today announced that over 75% of inventory, in their plotted development project Century Seasons, has been sold in just a quarter. The company’s other plotted development project, Century Greens, sold out entirely within two quarters.

The Bengaluru real estate market has witnessed tremendous demand for investments in plots & housing despite the second wave and two-month lockdown in May and June. Industry experts predict the sector to be a $1 trillion opportunity by 2030, across segments – with plotted taking reign.

“Quick monetization of land, faster sales, better cash flow generation, and quick exits are now attracting large-format real estate developers into the plotted space. Century Real Estate has been at the forefront of plotted developments for many years now, and it is heartening to see many other players joining in. Century Seasons, our recent launch, is themed on the four seasons with the design and aesthetic developed to bring alive the theme. An additional advantage for consumers is that of the proprietary CenturyMark, carrying the trust, transparency, build quality and professionalism that marks Century Real Estate as one of the most trustworthy and respected brands in Indian real estate. From plot purchase to home interiors, complete turnkey solution services are additionally provided to the buyer,” opined Maninder Chhabra, Chief Strategy Officer - Sales, Marketing and CRM.

“The plotted development segment has been seeing bullish demand - with customers being a mix of investors and end-users. More and more people have realized the need to invest in land, as cities are getting denser and the economic value of land is significantly increasing. In addition to this, we see new-age customers choosing to invest in plots as unlike earlier, these plots have modern amenities and give buyers greater flexibility to build their dream homes as per their choice,” said Ajay Singh, Vice President - Sales.

Century Real Estate is a pioneer of plotted development projects in the Bengaluru real estate market and has created landmark projects. The company’s plotted developments have stood out in the market and always performed well owing to its large format, theme-based approach. One such success was the Century Sports Village at Devanahalli - a 55 acre plotted development project with 7-acres dedicated to sports. The company is set to launch new projects in various formats in Q3 and Q4 of this year. The projects in the pipeline will cover 1.15 mn sq ft of development.

About Century Real Estate

Century Real Estate Holdings Pvt. Ltd. is a leading developer based out of Bengaluru and one of the largest landowners in South India. With over 3,000 acres of land bank and over 20 mn sq ft of residential and commercial assets under construction, the company represents more than $3 billion in asset value. Their development portfolio of over 20 million sq ft includes hotels, office buildings, residences, educational institutions, and integrated townships. Over the years, the company has evolved into an integrated real estate solutions provider and has partnered with other leading real estate players for several projects.

Grand Launch of Whiteland Corporation, Real Estate Venture in Gurugram

 

The launch event witnessed logo unveiling in presence of dignified guests

Gurugram, Haryana, 

Whiteland Corporation, a real estate development company founded by industry stalwart, Mr. Navdeep JP Sardana is all set to enrich the lives of people and communities by developing inspiring and sustainable real estate projects. The company driven by its tagline ‘Commitment to Excellence’ aspires to transform the realm of real estate by setting benchmarks in terms of product quality, transparency and clientele experience. A highly thoughtful company logo embedded with White and Blue elements clearly depicts intent of company to be Compliant & Professional in its approach along with the grandness of its development plans while connected with Mother Earth i.e. landbanks. The ethos of company were visible throughout the programme wherein lamp lighting was done by the CMD, Whiteland along with his brother, Mr. Kamal Sardana in presence of parents. The Chief Guest Chaudhary Dharambir Singh, MP, BJP, Bhiwani who hails from the roots of the founder’s family graced the occasion and showered his blessings along with Mrs. Madhu Azad, Mayor Gurugram. Mr. Naveen Goyal, State Head, Department of Environment Protection- Haryana belonging to the same alma matter as of founder was also present during the entire event. 

Whiteland has acquired prime land banks at prominent locations which are fast developing residential cum commercial areas in Gurugram, planning to transform them into landmark destinations. The company’s vision is to develop high quality projects in the years to come while adhering to all commitments and compliances. Whiteland is committed to change the face of realty, by launching one project every alternate year with the focus on trust and transparency. The company plans to create growth corridors in the country especially Gurugram with estimated turnover of Rs. 7500-8000 cr in next 10 years as covered by Sumit Chaudhary, Head of Finance & Planning &GaganMohla,Head of Sales. The upcoming projects will be situated at a strategic locations, equipped with new age technologies and features. The company is associating with most trusted and renowned names globally in the field of architecture, design and construction. The company has already gained massive expertise by developing townships at certain locations in Haryana displaying world class designing and quality standards at a limited scale. 

The launch of the company also drew massive support and strength from all eminent builders of Delhi NCR namely M3M, DLF India, Adani Group, Mahindra Lifespaces,VatikaGroup,Pioneer Urban, Silverglades, AIPL, Bharti Realty &ReachPro Group, Bhutani Infra. The promoters and chief officials of captioned companies personally extended support by attending the event. Many HNI and prestigious personalities along with leading channel partners of Real Estate industry also attended the event. The most touching aspect of the evening was pledge of Mr. Navdeep JP Sardana, CMD Whiteland in front of his father and young son to deliver all the commitments made to the entire ecosystem of clients, channel partners, vendors and all associates in the most earnest way. The humble and professional approach drew a huge applause from the entire gathering. 

The social evening was marked with scintillating performance of the most admired Punjabi singer, Guru Randhawa. The crowd was seen dancing and enjoying to the chartbuster hits of the Singer. 

Omaxe Hi Street on Outer Ring Road in Lucknow Scores Big On Connectivity and Return on Investment

 

New Delhi, Delhi, India

The easing of restrictions, pace of vaccination and return of workforce to business have sparked a new interest in India’s Commercial Real Estate segment with promising growth projected in the second half of 2021. This segment is also witnessing product innovation and that will help keep the market on the uptick and interest of investors intact. Industry trends suggest that the yields in this segment as compared to residential continues to be high, in the range of 6-7% p.a. and remains a stable source of income for investors. 

However, before investing in commercial real estate, every investor must identify the key areas that can help them to generate good returns and ensure capital appreciation and preservation. Developer’s reputation, good location of the project, supply in the vicinity and future potential are important factors to consider before investment in commercial property.

Omaxe, a BSE & NSE listed company, has stood the test of time in India’s real estate landscape based on its ability to create unique & innovative projects, sell them, generate ROI and more importantly deliver projects and on promises. The company has been consistent on these fronts. Its tryst with Lucknow began way back in 2005 and over the last 16 years, the company has delivered thousands of homes and commercial spaces and in the process earned the trust of the people and built a brand equity that remains unmatched. The company has its presence in 27 cities of the country.

The company’s latest offering in Lucknow, Omaxe Hi Street is one such project that is showing the way in product innovation. It is being developed as the new Commercial Business District (CBD) of Lucknow on the upcoming Outer Ring Road where retail areas are being developed in all sizes keeping in mind the requirement of small shops as well as large anchors, food street and speciality restaurants. The project will also have independent commercial plots and built-ups. It also has hotel suites and co-living spaces which are gaining traction from users and investors. The project will have option for the customer to keep the hotel suite for self-use or go for lease back model. With proximity to PGI and other large number of institutions, there is a huge demand for service apartments for students, doctors, visiting patients and their relatives. In future, a large entertainment zone including Megaplex and gaming facilities are also proposed.

Omaxe Hi Street scores big on connectivity, investment and returns. It is a part of the approx. 690 acres (proposed) hi-tech township Omaxe Metro City on Raebareli Road through which Lucknow’s most ambitious Outer Ring Road passes. The hi-tech township offers a variety of residential options for all income groups with superb infrastructure and rejuvenation centres like wide roads, parks and gardens, fountain, club etc.

Let’s examine why Omaxe Hi Street, a RERA registered project, is a sure shot winner for investors from the word go:

Product Innovation: Omaxe Hi Street offers the experience to stay in a hotel along with all its services. Customers can opt for lease back model wherein he/she can get lease rental from the hotel operator. In lease back model, customers are allowed to stay in the hotel for free for a certain number of days. At Omaxe Hi Street, customers can not only earn handsome returns but also stay in the comfort and luxury of hotel.

Location: Raebareli Road is one of the most sought-after destinations along the National Highway in Lucknow from the habitation and commercial activities point of view. The soon-to-be-operational Outer Ring Road (ORR) passes through Omaxe Metro City and crosses Raebareli Road and other national and state highways that connects Lucknow with several villages and religious cities like Prayagraj, Varanasi, Ayodhya; and adjoining cities like Raebareli, Kanpur, Sultanpur, Faizabad, Agra, Hardoi, Sitapur etc. An easy access of Omaxe Hi Street makes it a high potential destination for commercial activities.

A footfall Paradise: An underpass on ORR opens near Omaxe Metro City and therefore it has the potential of becoming a commercial hub. Besides, a host of social infrastructure like schools, colleges, airport, and corporate offices in the vicinity make it a high footfall generating destination for not just indulgent professionals but also high income families of Lucknow and nearby areas who visit the city for education, healthcare and jobs.

Commitment Charges: In today’s time when returns from all investment tools, be it stocks, gold, FDs are fluctuating and low, Omaxe Hi Street stands tall on that front. A continuous flow of monthly income though investment in Omaxe Hi Street helps households in supplementing their existing source of income. With investment starting Rs. 33.74 lakh, an investor can enjoy a monthly return of Rs. 33,740/- per month (Less TDS) for five years (terms & conditions apply). After that, he is free to either stay in the hotel suites or opt for lease back model.

Capital Appreciation: The economy of Uttar Pradesh and India is set for a steep rise. With Lucknow as the epicentre of this growth, the area in and around ORR will evolve as a commercial hub and may skyrocket the price of Omaxe Hi Street. Lack of good quality supply of commercial properties in and around Omaxe Hi Street increases its potential to generate not just good returns but also ensure capital appreciation and preservation. It also has the chance of enhancingthe re-saleability factor thereby making it liquid (A liquid investment is one which can be easily converted into cash without any loss of value).

Futuristic Destination: Lucknow attracts a lot of migrants from adjoining cities especially Central and Eastern Uttar Pradesh on account of education, healthcare, jobs and marriage. The city is a multicultural hub with a good mix of job opportunities for all income groups in Government-run enterprises, manufacturing, real estate, small scale industry and BFSI, IT/ITeS. The Outer Ring Road has evolved as a major connectivity infrastructure that scores high on the ease of living and working in Lucknow. It will enable people, goods and services from far off locations to come to this commercial project without entering the traffic of Lucknow.

A student visiting the city for education, a family coming to the city for healthcare or corporate houses sending their staff to Lucknow for meetings and conferences. Omaxe Hi Street offers a solution, comfort and feeling of a home in a hotel suite with unmatched returns and appreciation. 

Target Achievers of Indian Realty, Adding Credibility to Real Assets

 

Gurugram, Haryana,

Brokerage firms were always relevant in realty mart, but in today's time their role has become much more significant. In this regard, Rise Infraventures is all set to further revolutionize the market with vast array of services. 

There was a time when getting in touch with a middleman or a broker was regarded as an unsavoury business. It did not help that for the most part brokers were out to make a quick buck. However, rapid developments in the real estate sector have seen the broker’s job profile changing dramatically. Today, brokerage firms are expected to provide a whole range of services other than helping their clients locate a good property. The firms today provide financial services by helping their clients get loans. They oversee and help in getting through the documentation of the deal. They help the clients bargain a better deal. Brokerages in effect have become a one-stop-shop for buyers.

Though the real estate companies, too, have a sales team but the associates are the added boon to the complete process. In such a scenario, the time was ripe for the entrance of firms which would, so to say, become the retail apparatus for the property market. A firm like Rise Infraventures Limited is a case in point, which aims to be a pioneer in the real estate sector for heralding a change in the realty advisory and consultation services.

Based out of Gurugram, the company is led by industry expert, Sachin Gawri whose career spans across a decade, working with reputed names of the industry. Rise Infraventures is not just a consultancy firm specializing in commercial and residential real estate, but a name setting benchmarks by entering into the business of property transaction, in the year of 2021. Currently a team of 50 seasoned professionals at Rise is offering a broad range of integrated services to Occupiers, Investors, Owners & developers.

A new age brokerage firm Rise Infraventures Limited has started working in the domain of real estate brokering few months back, and has set a target to achieve cumulative revenues of Rs. 1000 crore before the end of current CY 2021. The company plans to launch an office in Delhi, followed by one in Mumbai in October 2021. The company, which was founded a few months ago, is already making a total monthly sale of Rs. 100 crore through its Gurugram office. With a personnel base of 80 people and ten projects under its belt, the company hopes to manage 20 exclusive projects by September 2021.

Talking about the expansion plans, Sachin Gawri, Founder and CEO, Rise Infraventures Limited, said, “We also plan opening offices in Dubai and London. The demand for luxury residences has increased in the post-pandemic scenario, as evidenced by the fact that luxury sales share has increased to roughly 20% from around 15% in pre-pandemic years. As the number of launches in the premium to ultra-luxury market rises, developers are responding to the rising demand. The percentage of premium and luxury launches has also increased across the country, accounting for more than 25% of total launches this year; this is a significant increase from previous years when the two segments accounted for less than 20% of total launches.”

Rise Infraventures Limited offers a broad range of integrated services to Occupiers, Investors, Owners & developers. “The reach to prospects, in-depth market expertise, large network, unbiased advise, and high level of transparency sets us apart in the industry. We intend to enter the construction business to add a corporate touch to the property sector,” says Gawri. The company aims to establish itself as a leading integrated one-stop, end-to-end solution provider in the micro-infrastructure and real estate sectors. 

Convenient Homes are the Flavor of the Season in Mumbai

 

Efficient Homes offering comfort and convenience in good demand

Mumbai, Maharashtra, India

The year 2021 being robust saw numerous trends in the Mumbai realty market with the latest being ‘Convenient Realty’. Home buyers are especially looking at ‘Convenient Homes’, which are fast becoming a preferred choice among the working-class segment as well. Reason, these homes are tailor-made for working individuals and families and are equipped with all the basic amenities.

Mumbai’s western and central suburbs along with the MMR region are the new realty hotspots for these convenient homes. All these locations have become the buyer’s paradise to pick and choose the property of choice be it convenience of type of property, budget, location, and the developer. Developers in Mumbai especially the MMR region to cater to the increased demand for convenient homes are offering multiple home options in this segment ranging from carpet areas 350 sq ft. to 550 sq ft plus for 1 & 2 BHK respectively.

Speaking on this fast-growing trend, Ms. Manju Yagnik, Vice-Chairperson of Nahar Group & Sr. Vice President, Naredco, West said, “With WFH becoming the way of life and consumers looking at stepping out only for essential activities, Convenient Homes are seeing huge demand in Chandivali-Andheri-Powai belt. These homes not only offer space but also excellent connectivity and social infrastructures such as prominent educational institutes, hospitals, banks, health care centers, restaurants, shopping plazas, and abundance of green spaces.”

Sharing details about the new launch from Nahar Group, Ms. Yagnik further added, “Chandivali's rapid urbanization has seen this micro-market to emerge not only a favourite housing location but also a buzzing commercial hotspot due to increasing connectivity to other parts of Mumbai with existing and new Metro Line and roads respectively. Taking all these factors into consideration, our new project would present itself as a golden opportunity for customers to buy their homes in this micro-market in the sub-Rs 1-2.5 crore bracket. At this price range, the project not only offers its own set of modern amenities but also comes with the existing infrastructure of Nahar’s Amrit Shakti, thereby ensuring the safety and security of all its residents. We have always been trendsetters when it comes to living, and our new product line of convenient homes speaks of a value proposition with lifestyle living.”

Over the years, Chandivali has rapidly developed as one of the most sought-after localities from a residential point of view. With easy connectivity to Eastern & Western Express Highways and supported ably by the Metro Line, Chandivali and its neighbouring suburbs have developed into commercial hubs. With the upcoming infrastructure developmental projects like the coastal road project, Navi Mumbai Airport has made central Mumbai an important investment hotspot. Buyers from far-off suburbs like Navi Mumbai, Thane, Vasai –Virar belt, Mira Road, etc. are looking at opportunities to migrate to this central suburb. Mumbai's real estate market is witnessing a good upswing with increased demand from the end-users, the reason being developer offers, massive cuts in interest rates, and reduced stamp duty.

About Nahar Group

Nahar Group is a premier real estate developer headquartered in Mumbai. Established in 1973, the Group has developed over 15 million square feet of prime real estate projects, making it a trustworthy brand to reckon with. Nahar’s Amrit Shakti is a flagship project of Nahar Group at Chandivali, Andheri East in Mumbai that boasts over 40 high-rise towers across approx. 125 acres of lush green landscape, which is just a little over one-third of its development.

The Group has proved its proficiency in developing Integrated Townships, Lifestyle Residences, and Industrial and Commercial space. It has also established itself in the field of education with Nahar International School, which is affiliated to Cambridge School network and in the Healthcare segment, by establishing Nahar Medical Centre enabling access to over 3000 families with technically advanced medical and diagnostic facilities.

Furthermore, to provide affordable healthcare facilities to the masses, especially the unprivileged, Nahar Group has launched an 82-bed state-of-the-art multispecialty hospital in Bhinmal, Rajasthan. The Nahar Hospital also serves villages beyond Bhinmal with the help of its mobile ambulance providing immediate medical help to the population within 300 sq. km area. Spearheaded by the visionary; Mr. Sukhraj Nahar, Founder-Chairman & Managing Director and Ms. Manju Yagnik, Vice Chairperson, Nahar Group is recognized for its quality, reliability, and professional approach that has earned prestigious awards for its domain expertise, management practices, corporate governance, and corporate social responsibilities.