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Setting the Trend for Modern, Luxurious and Convenient Living

Well-constructed, luxurious homes with efficient and comfortable modern amenities in prime locations – what more would you ask for? This and more is offered by the Amrapali Platinum Group, one of the fastest growing real estate development firms in the Delhi region.

Focusing on Greater Noida, Indirapuram and other East Delhi locations, the Amrapali Group has completed projects spread over more than 100 acres. What makes the Amrapali group stand out form the myriad other developers in the region is its steadfast dedication to quality and service. Founded by an engineer and run by a group of engineers, the firm understands the importance of A-grade planning, design of construction and gives its all to the projects it undertakes. Mr. Anil Sharma, founder and managing director of the firm, a civil engineer form IIT Kharagpur and a former government employee, tightly controls his team of experienced, top-notch engineers, and the support of over 50 professionals and 150 supervisory-grade employee.

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The best modern amenities for comfort living are included in the Group’s projects- splash pools modern club facilities, designer baths, modular kitchens, superior fittings and specification, landscaped open areas, round-the-clock fresh water supply, 100% power backup for essential services, fire fighting arrangements and 24×7 security are all catered for, which means that residents can lead a tension-free life.

The Amrapali Platinum Group cuts down on installation errors and enforce quality through its alert and highly qualified site supervisory force. Professional project management, a delicate site supervision team and a high regard for punctuality mean that buyers and investors are never kept waiting unduly for their property.

After the grand success of Exotica Apartments at E-08, Sector 50, Noida and Amrapali Green at Indrapuram, we have been endeavoring our best to give luxurious living through our opulent apartment with a relaxing environment and exclusive specifications and of course for the best reasonable price.
Amrapali Group presents Amrapali Platinum( One of the best project of Amrapali Group)

Project Name: Amrapali Platinum (Pre Launch)

Description: 2/3 Bedroom Apartment

*Dedicated children’s play area
*Community Hall, Basket Ball Court, Badminton Court and sand Pits
*Permanent finish / Textured paint
*Extensive Landscaping and landscaped court
*100% power backup
*Stilt plus Nine floors having 4 flats on each floor in each of the towers

Location: Noida

Agents: 1. Shri Aditya Estates
42470622, 9810445860

Faced with shortage of residential properties in India, government is contemplating to take private developers and builders on board to meet the constant demand of residential properties in cities and towns. In fact government is planning, in consultation with industry leaders and civil society organizations to form a public-private partnership (PPP) platform.

As per ministry’s estimate total shortage of residential properties in India is to the tune of 24.71 million units. Out of this, 17.9 million units are required for the EWS and 6.29 million in the low income group (LIG) whereas middle income group (MIG), it falls short by 0.45 million.

Now question arises, what has constrained the government to make a PPP platform? The reply is quite simple that the demand for residential property is constantly increasing whereas the supply ratio of residential properties in India is very low which resulted sky-rocketing of price of the same. Moreover, the builders and financers were hand-in-glove which added fuel to the fire and this resulted formation of PPP platform. Apart from it, the government increased the home loan interest rates as well as imposed certain restrictions on realty IPOs and pre-launching etc. to come over the spiraling prices of residential properties in India.

Growing the fastest in the world, real estate prices in India are well on their way to leave every other country behind, says the data revealed by Knight Frank and Citi Private Bank.

The real estate India, along with those in Russia and China has increased 40 to 50 per cent in the past few years. In comparison to this, London, witness a price growth of 30 per cent in the high end segment.

Residential real estate prices in India are estimated to be going through the roof. Mumbai is known to have the most expensive residential properties in India, where an average per sq ft will cost Rs 50,000. This includes properties like the Chattan Bungalow on Malabar Hill or Sunita Apartments on Napean Sea Road, says Pranay Vakil, chairman of Knight Frank India.

Other peripheral locations include St. Petersburg and Moscow in Russia, Delhi and Mumbai real estate India, as well as Guangzhou and Beijing in China, says Liam Bailey, head of residential research at Knight Frank.

The prices of the most expensive real estate in India see a sharp appreciation of more than 14 per cent in 2006 as compared to a 9 per cent increase in the mainstream market.

In the next five years, the real estate India will continue to grow along with an imbalance between supply and demand in the best prime market locations. Though, prime markets will perform better than mainstream markets but the growth in 2007 will still be lower than the previous year, says Bailey.

Residential properties in London are believed to be the most prohibitive in the world. Prime property in the British Capital is anywhere around $4,590 (Rs 1.87 lakh) per sq ft. Hyde Park, one of the largest green spaces in Central London is fetching $8,000-$10,000 (Rs 3.26 lakh to Rs 4 lakh) per sq ft.

Nowadays, no smart homebuyer wants to be a part of any pre-launch real estate India project. And, sky hitting borrowing costs is not allowing the real estate developers to have solace anywhere.

Adding to their woes are higher home loan rates and the prospects of a market correction that have made it difficult for them to woo buyers for their pre launch residential projects. Those who actually want to buy an apartment are waiting for the apartment building to be constructed completely.

Pre-launches are generally looked upon as the builder’s scheme to raise capital for the projects as it allows him to take advance bookings for a project after getting the required building permits, but much before beginning construction, providing them virtually free cash.

Indeed, many builders are largely dependent on the money from a pre-launch to fund their real estate India projects. Some of them may use the cash to complete another project or acquire land as per their business models.

Consequently, a majority of developers prefer launching projects while raising funds through debt and private placements.

Due to declining demand for real estate India, a Delhi based real estate developer has put off the launch of two residential projects and a commercial complex in the National Capital Region.

Realistically, such a phase comes when the developers are hit by cash flow problems after a two year high. Domestic banks will not lend to them for less than 14-15 per cent.

After growing by leaps and bounds, real estate India is witnessing a downfall. Coupled with soaring interest rates on home loans and unaffordable property prices, potential buyers and investors are putting themselves off the market.

Real estate India has gone into deep freeze with more than a 50% drop in actual property deals in the past two months, as watched by real estate developers and industry connoisseurs.

And, all this has forced the developers to bring a significant drop in rates to give a push to demand and woo more property buyers. The property prices in India has fallen by 5 to 10% across edge suburbs like Kharghar, in Navi Mumbai, Greater Noida in the National Capital Region and Bangalore’s Hosur Road.

As the real estate India is sliding and property rates are stagnate, it has sent shivers among developers who are finding it difficult to hold the price line. Cheaper land also allows them freedom in fixing more profit margins. However, they are now focusing to withstand prevailing real estate trends in metros. Indeed, they have succeeded in their efforts to an extent. In prime locations, exclusive buildings, the price spiral remains unharmed.

Major players in Indian real estate like Parsvnath Developers and MGF have cut rates by 15-20% in Greater Noida. On the other end are small developers who found it hard to survive have cut the property rates by 8 to 10% to attract the attention of customers, says Vijay Wadhwa, chief promoter of the Mumbai based Wadhwa Group.

Property prices in Navi Mumbai have slipped by 20% but there have been no cuts on prime land such as the eight lane coastal promenade of Palm Beach Road and the road going towards the proposed new international airport.

Confusion over zoning norms and FAR (the floor area ratio or FSI) mentioned in the Delhi’s Master Plan and higher interest rates for home loans have emerged as prime factors depressing the property buyers.

After the two years long Bull Run, real estate India has set for slowdown. And coupled with soaring home loan rates, the residential property has turned the home dream sour. As the Indian real estate prices are slipping fast, the situation has sent shudders through property developers, investors as well as end users.

Adding to the woes of builders is a regulatory/capital market squeeze along with an impending demand, says Citigroup. However, there still are growth prospects for the developers and capital providers if certain entities such as potential and size of real estate India are taken into view.

Experts see economic growth, demographics, and rising household aspirations to drive the demand in future. They indeed foresee large development volumes, inversely related to price.

Falling property prices are believed to be bringing the affordability levels of consumers back and reviving demand as well. However, it may hurt real estate stocks in the whole procedure. The direction of interest rates remains crucial to the Indian real estate development cycle, says the report revealed by Citigroup.

Real estate India stocks may stay unstable for sometime. They are newly listed and are highly sensitive to interest rates. Incomes are rising firstly on sale of old land banks and the industry is still evolving and under control.

Citigroup expects an unparallel property build in India’s history with the real estate prices playing a critical role. Lower prices will give birth to larger opportunities whereas higher prices will lessen the development.

Location of the property plays a pivotal role which is affected by various factors. An NRI will always prefer to buy property in India in or around his home-town because his property can be looked after by his near and dear ones. On the other side, a resident Indian, other things being equal, would prefer to buy property in India either near to his work place or near to his home town or in the vicinity of his nearest friend or business or working group in which he is involved.

However, above all these factors and aspects, price factor of the land also plays an important role to buy property in India at a better location. If one’s budget allows, he can buy a property in India after satisfying himself in all matters.

The Hibiscus provides a peaceful, sheltered community for the like-minded to create “families” out of a circle of friends. A unique response to extensive research into Indian cultural and architectural traditions, The Hibiscus has been given shape to by the gifted duo of Architect Ramesh Khosla and Landscape Architect paul Friedberg.

It takes forward the experience Silverglades has gained co-promoting premium projects like The laburnum and The Ivy, to culminate in a fusion that completely does away with today’s unhealthy trend for environmentally unsuitable architecture
It is an endeavor that seamlessly integrates the modern technology and material with tradition

Builders and Background

Silverglades co-promoted the Classic Golf Resort and The Laburnum, one of Gurgaon’s most well established and sought after residential complexes. The Ivy is a sister complex near The Laburnum. The Ivy made improvements on the successful design of its predecessor. Now, The Hibiscus brings you further improvements using architectural styles that are practical and unique to India and floor plans that maximise sunlight and open spaces. Although the actual dimensions have not been made available yet, The Hibiscus will be as spacious as both The Ivy and The Laburnum. More details coming soon on their website www.silverglades.com

Complete description

The proposed layout and floor plans are now available but the website and further details on amenities are yet to be released. This complex will house just fewer than 300 homes and will remain small and exclusive. Green areas are in abundance and a clubhouse; pool and party lawns are central in the complex’s design. Two tennis courts have also been included in the design. Villas and pool homes line the periphery with three ground + 18 floor towers housing the three bedroom apartments. The remaining 9 buildings house the 4 bedroom apartments and are comprised of the ground + 11 floors.

Sales of The Hibiscus are in the pre-launch phase and further details will be available soon.

What sets it apart:

The incredible success of Laburnum and its continued high demand as one of the most sought after residential communities in the NCR led to not just The Ivy but The Hibiscus as well. The phrase ‘if it aint broke, don’t fix it’ does not apply here! Rather, the new proposed design has made further improvements on The Ivy, maximising even the balcony space offered with each apartment. The Villa’s are well laid out and designed and the introduction of the new concept Pool Homes makes one wonder why they have not been introduced sooner. Dream Home? The Pool Homes certainly look like they might be!

Project Specifications:
• Earthquake resistant structure
• 24 Hour water supply
• 100% Electricity back up
• Concealed split air conditioners
• Imported marble and tiles in living, dining, foyer and some bedrooms
• Laminate wooden flooring in master bedrooms
• Ceramic tiles on balconies, terraces and utility areas
• External landscapes with trellises, water bodies, stone seats, games courts and walk ways
• Luxury club house
• 2 level basement with parking bays

Whether it’s a condo, a bungalow, or an apartment, the old saying “A house always gives a sense of belonging” seems true for all. Your home is a valuable possession and can be the reward of year’s efforts which makes it more precious. The article sheds considerable light over the tips that you must not forget while you buy property in India or your sweet residential property in India.

Here, we are talking about residential property or flat (as commonly referred) buying tips as they have become a distinguished form of residential properties in virtually most major areas in India. Featuring technical and economic advantages, high rise residential properties have undoubtedly become more popular again.

Book the residential properties in India during the best time which is when a project is announced. Most bookings are done on the basis of “first come first serve” basis. The first ones have the option to choose the floor, the size, the location, and the design of a residential property/flat. Also, the builder offers the most cost effective rates for initial bookings of residential property to beat their risks. To buy property in India a building that is about to be completed also stands for a nice option. This curtails expenditure on both the rent and interest.

If the NRI wants to buy property in India, it will make a dent in his cash flow, as he will have to transfer many more dollars for the same property price. He would have been better off if he had bought his property in India five years ago when the prices were not so astronomical and the dollar was at a peak versus the rupee.

But in the present state of affairs when the Indian Real Estate market is showing little down-ward trend due to increase in interest rates of home loans, the NRIs have equal opportunity to buy property in India to offset the higher cash flow of their dollars. In other words we may say that weakness of dollar has been compensated by the present fall in property prices and hence to buy property in India for NRIs stands neutralized.