Logix la Premiere - Premium Integrated Hospitality Township

The recession has faded and robust growth in economy is back. This has again created a huge demand for premium and luxury residential apartments and the realtors are more than happy to satiate this growing demand. La Premiere is the latest in the series of premium residency by the famous Logix group.  The project promises a unique concept of integrated township that includes 4 and 5 star hotels, service apartments, luxury residential apartments, corporate suites, retail malls and entertainment hubs.

Logix La Premiere is located in sector 124 on the Noida Expressway and it is barely 2-3 kilometers from the Apollo Hospital, Sarita Vihar in South Delhi. The project is also near to some of the future cynosures like Night Safari, Formula One, Moto GP, Taj Expressway and others. One can comfortably reach to the project’s location which is open from 3 sides having 30 and 45 meters wide road on the sides.

The integrated township is spread in 15.98 acres with a total FAR of approximately 3.5 million square feet and it proposes to contain hospitality district (4 and 5 star luxury hotels and world class service apartments), office suites, luxury residences, retail mall (containing Entertainment and Leisure hubs), exclusive club having world-class spa, fitness zone, elite lounge bar, night club, cigar lounge, art gallery, and helipad.

The residential apartments, at La Premiere, promise to have an assortment of world-class features like:

• Italian marble flooring.
• European wooden flooring in bedrooms.
• A/c with VRV units.
• Continual power and water supply.
• Teakwood woodwork in all rooms.
• Impregnable and robust security system.
• Fully Furnished European kitchen.
• Plunge pool, steam and sauna facilities in each apartment.

Logix La Premiere will have aesthetically beautiful landscaping with plenty of recreational facilities and sports complex for indoor and outdoor sports.  There will be a Gym and fitness centre owned by a leading American fitness chain within the campus. So, with La Premiere, you can attend office and carry out your routine activities without going anywhere. La Premiere is not only about luxurious living, it is also about complete living.

Logix Blossom Greens

The demand for the luxury real apartments in the serene surroundings is on rise, especially in Delhi NCR region. And to satiate this demand, major real estate developers are launching new projects almost every week. Logix Blossom Greens is a premium residential project brought to you by the revered realtors viz. The Logix Group.

Logix Blossom Greens is spread over 43 acres of lush green and serene surroundings of sector 143, Noida. It is proximate to the strategically important points of Delhi and it is barely 40 minutes drive from the Indira Gandhi International and Domestic airport. It is also located quite close to the office of major corporate firms and entertainment hubs.

Logix Blossom Greens specifically caters to the senior citizens and hence requisite features are also provided.  The features include lush green meditation centre, club houses with many modern features, and private lawns for ground floors. Besides these, Blossom Greens also promises many world class amenities like business centers, banquet halls, shopping centers, crèche, kid’s playing area, wi-fi connectivity, multipurpose room, cafeteria, 24X7 power and water supply, and many others.  

The project has numerous eco-friendly features that include certified Green homes from IGBC, 18 acres of open space with immaculate and beautiful landscaping with rich water bodies, provision for rainwater harvesting, solar lighting in the landscaping, Butterfly Park and fruit orchard etc. The residential township comprises of apartment, rent houses and villas with the minimum area of 860 sq. ft. (for 2 bed room + 2 toilets flats) and maximum area of 3515 square feet (for 4 BHK + Servant villas).

The basic sales price of the residential units is INR 3190 per square feet which seems reasonable in the context of the ultra modern features that the project provides. Some other associate charges of Logix Blossom Greens are Internal Development Charges (IDC), External Development Charges (EDC), Preferential Location Charge (PLC), Car Parking Charges, One year maintenance advance and others. So, the collateral charge sums up to INR 3500. So, if you wish to experience luxury and the beauty of nature then Logix Blossom Greens is the ideal place for buying a flat, a penthouse or a villa.

Luxury Real Estate Marketing Insights for 2011

2010 saw the recovery of Indian real estate market, though the pace was quite slow in the first half as the businesses were recovering from the recession shock. However, the latter half was good for the realtors as the market picked up in terms of demand. The premium and luxury realty solutions that saw few buyers in 2009 and the first half of 2010 again saw an increased demand in the latter half of 2010.

The robust economic growth has helped realtors to raise the price and in the year 2011 there is very less possibility of the correction in the price. The increased momentum of luxury segment by main realtors like Jaypee, Ansal, Parsvanath, M3M, BPTP, Amrapali and others is there to stay in 2011 and there are many premium projects in the pipeline which would be launched this year. The launch of many luxurious projects in Delhi-NCR like M3M Golf Estates, Jaypee Greens Knight’s Court, The Castille, The Kosmos etc are the pre-cursors for the many luxury residential projects to come in year 2011.

The real estate market of Delhi-NCR has seen many branded players like Godrej and Mahindra & Mahindra enter in the last year and industry experts are optimistic that many groups active in South and West India will join the race in this promising market. Affordable housing that was promoted during the recession will also be the theme among many players which seems feasible for middle-income groups.

Moreover, Year 2011 also seems important for the Jaypee Group as its mega Jaypee Greens Sports City project will witness the first Indian Formula 1 Racing event. So, the congregation due to this event will also be a determinant in generating the buzz for this firm. Year 2011 is business time for those involved in realty.

Realty Sector Need to be Environment Friendly

The recent disclosures in Adarsh housing and Lavasa can have huge impact on the way the realty sectors used to operate. The unearthing of huge irregularities in these mega housing projects has led the Ministry of Environment and Forests (MoEF) to act swiftly. These projects have been served with legal notices and they are facing demolition threat. As an investor, these events are eye-openers and you must see to it that the project has environmental clearance to avoid any embarrassment and future threat of demolition.

Let us see some of the rules and regulations and the clearances that are required. You must know it well before buying a property or erecting a house. Delhi Urban Art Commission (DUAC) is the government agency that gives the final go-ahead for any major infrastructural development. Besides, you must also be aware with the environmental clearance and it will become a critical parameter soon. However, the parameters of this clearance would vary from city to city. The local level bodies involved in the clearance of property projects in Delhi involve DUAC, Yamuna Standing Committee (YSC), Delhi Pollution Control Committee (DPCC) and you must seek the go-ahead from these agencies before investing in any real-estate project.

Real Estate Prices in Mumbai and Delhi Heading to Saturation

Renowned property consultants, Jones Lang LaSalle, have said that the property prices in Delhi and Mumbai have reached to the level of 2008 and cautioned of a decline in demand if prices rise further. It also said that prices in other Indian cities will keep rising and they might touch the 2008 level in the mid 2011. According to the JLL chairman Mr. Anuj Puri, Delhi and Mumbai real estate sectors were most adversely affected during the economic meltdown and hence the rapid increment in the backdrop of contemporary healthy economy.

JLL India Chief Executive Officer (operations) Mr.Santosh kumar said that prices of mid and high end flats in Gurgaon and Noida were hovering around Rs 8000-Rs 10000 psf (Per Sqaure Feet) and Rs 3500-Rs5000 psf respectively. He also gave a clear picture of the current price of apartments in central and sub-urban Mumbai as ranging from Rs 25000-Rs 30000 and Rs 9000-Rs 16000 respectively. He said that real estate will see a robust sale at the current price level and affordable housing will also register decent growth.

M3M Golf Estate: Be a Part of Unique Golf Resort Living

M3M Golf Estate:
M3M is bringing up an ambitious project christened as “Golf Estate”. Within few days of its launch, the project has created buzz in the real estate circuit. Let us see some of the proposed features contributing in the popularity of the project.

• Located in Sector 65 along the Golf Course Extension Road in Gurgaon, 30 minutes drive from IGI Airport.
• Gurgaon is one of the most sought after destination because of its proximity to Delhi and being one of the major IT & ITES hubs in India.
• First of its kind in effectuating the concept of Golf estate living in the guise of ultra luxurious condominium units.
• 9-Hole executive Golf course designed by Graham Cooke.
• The project is spread over 75 acres of lush green area with aesthetically manicured natural surroundings, immaculate landscaping, and large water bodies.
• Extremely large club house with an area of 100000 Sq. ft.
• Lots of recreational centres like cigar lounge, multi cuisine restaurants, squash and badminton court, ice skating ring & boating canal, art gallery, spa and gym, golf training centre, and host of other facilities.

Option in Flats

The project entails variety in 3 BR and 4 BR flats with a minimum area of 3605 Sq. Ft. (3 BHK+Den) and a maximum of 4770 Sq. Ft. ( 4 BHK+ Den+ Gym). Let us look at the details of the flats and their Area.

Price

This unique luxury project comes with substantial price tag but considering the facilities and location the price seems quite reasonable. The project is priced at a BSP ( Basic Sales Price) of INR 8100 psf ( Per Square Feet) . Other associated charges involve:   

Facility	Charges in INR
IDC & EDC	381 psf
IBMS	150 psf
Car Parking	3 lacs per car
PLC	As applicable

3C Lotus Zing Noida - for Luxurious and Spacious Living

3C company, one of the leading firms in realty sector has launched a luxurious residential project. Lotus Zing, as it is known, promises to carry the legacy of the grand success of Lotus Boulevard and Lotus Panache. It is located in Sector 168 along Noida Expressway and is a mere 20 minutes drive from South Delhi.

The project will spread over 17.5 acres in area and will contain 16 towers. There are 1 BHK , 2 BHK and 3 BHK apartments in offering and some of them will have servant and utilities room. The minimum and maximum areas of these apartments are 575 Sqft. and 1415 Sqft. respectively. The project promises to provide a mix of great environs and modern amenities.

Lotus Zing is ideal for those who seek openness as the apartments are slated to be open from three sides. The project is being developed keeping in mind the taste of “Gen-Next” and it is slated to have ultra modern courts for various sports like lawn tennis, basketball, volleyball, and badminton. There will be two outdoor swimming pools to satisfy the aquatic drives of residents.

Provision for multi-tier security system ensures the robust safety and promising the residents a great and secure living experience. Other lucrative features of this project include Club house, food court, beauty salon, walking trail and jogging track,     medical facilities, and gymnasium etc.

The BSP ( Basic Sales Price) is INR 3150 per square feet and there are additional charges like PLC ( Preferential Location Charge), IFMS, and lease rent. Well, it is still economical considering the experience of living as promised by the project.