Project Highlights
• Low Rise Apartments G+4 Structure
• 6 hole Golf Course
• Subvention Plan – Enjoy No EMI till Possession
• Club Membership
• Luxury Surroundings
• Easy Access to Delhi & Noida

Jaypee Castille Greater Noida

Township Highlights:
• 60 Acres of Nature Reserve Park with lakes & theme parks
• Boomerang Sports Club with the Olympics standards
• A Greg Norman designed 18 hole championship golf course, spread over 197 acres-the longest course in India with 88 bunkers & 14 Water Bodies
• Golf Academy with a well equipped Pro Shop
• First of its kind golf centric real estate development in India
• Well designed Town centre with Shopping Mall, Cafes, Boutiques & restaurants in place.
• 6 Sense Spa & Resort with 300 rooms

For more info on “The Castille”
Call: 9650590414/13 or 0120 – 4722222
Website: http://sumangalampropmart.com/

http://jaypeethecastille.com/

Visit Us At: F – 27, 28 Sector 18, Noida, Uttar Pradesh 201301

Specifically on the housing and urban sector, the Finance Minister proposed three key enhancements viz.
• The allocation for Swarna Jayanti Sharari Rozgar Yojana, a programme designed to provide employment opportunities in urban areas, shall receive a 75 percent increase in allocation, from Rs.3,060 Crores last year to Rs. 5,400 crore this year ( the allocation for housing urban poverty alleviation has also been increased from Rs.850 crore to Rs. 1,000 crore this year)
• The 1 percent interest subvention on housing loans upto Rs.10 lakhs where the cost of the house does not exceed Rs.20 lakhs has been extended for another year – upto 31 March, 2011 and
• The Rajiv Awas Yojana for slum dwellers and urban poor announced last year has received an increased allocation of over 700 percent, from Rs.150 crore last year to Rs. 1,270 crore this year.

On the Direct Taxes, the budget has proposed substantial relief to tax payers by broadening the tax slabs by completely exempting tax for income upto Rs. 1.6 lakh, 10 percent tax for income between Rs.1.6 and Rs.5 lakh, 20 percent for income between Rs. 5 lakhs and Rs.8 lakh and 30 percent for income above Rs. 8 lakh. This broadening of tax slabs is expected to increase the affordability of households substantially and a part of this affordability could feed into housing mortgages.

Further, to provide a one time relief to the housing and real estate sector which has been impacted by global recession, pending projects will be allowed to be completed within a period of 5 years (instead of four years) for claiming a deduction on their profits. Also, the norms for built up area of shops and other commercial establishments in housing projects have been relaxed so as to enable basic facilities for the residents.
While all these proposals have been completely growth oriented and are quite welcome, the budget has also proposed a Service Tax on ‘activity of construction’, thereby impacting real estate developers and the end price which the consumer has to pay. This may impact the price lines negatively. However, taking an overall view of the budget, it is a growth oriented budget and is likely to take the overall economy as well as the real estate industry forward.

Source – India Property News

Noida Property Investment witnessed a downstream in the past few years which probably is the factor of prospective investors attracted now to the industry. The recently launched projects in Noida are not only exclusive but also beneficial for the society. India’s First Sports City by Jaypee Greens is one such example amongst the projects launched. This stunning township offers the exotic views and luxury facilities of ICC Cricket Stadium, Formula 1 Racing Track, Greg Norman Golf Course and a lot more. Sports City presents a wide range of commercial and residential properties. The residential properties in Jaypee Sports City include Lake District and Country Homes. This indeed would create new heights of luxuries in Noida Properties.
The lavish green residential apartments – 3C’s Lotus Panache with Asia’s first Net Zero Energy & Geo Thermal Pre-Nursery Lotus Valley School is another spectacular option for property investment in noida. 3C’s Lotus Panache flats in Noida sector 110 presents you an era of new lifestyle with a perfect blend of luxuries combined with the ecstasy of nature. Kensington Heights 2/3/4 BHK Apartments at Jaypee Kensington Park Heights Noida is another excellent option if you are thinking of investing in noida property. Not only this, Noida now gives you even the option of the most elite and stylish residential flats in the form of Jaypee SPA Court. Available in 1800 sq ft and 2100 sq feet these magnificent apartments are surrounded by the globally renowned Sixth Sence Spa.

Property News

While development of townships is the mandate of the ministry of urban development and partly, the housing ministry and urban poverty alleviation, the proposed green rating for housing complexes is an initiative of MNRE because it is an extension of the projects it is already doing. Officials from other ministries are part of a technical panel of MNRE dealing with green infrastructure for large development.

Association for Development and Research of Sustainable Habitats or ADARSH—which now gives green ratings for individual buildings, will evolve the new norms for large residential complexes. ‘‘The rating called Griha would be voluntary for builders in the initial few years, after which it could be made compulsory,’’ the rating agency’s CEO Siva Kishan told FE.
The idea is to rope in top five real estate developers to voluntarily adopt the guidelines, which would then set the benchmark for others. The rating agency is now in talks with various developers and the first partnership with a real estate developer may be announced soon, he said. The rating agency is also talking to various state governments for giving incentives to developers to adopt the new norms that would reduce energy consumption and the impact of construction on ground water levels and the environment.

Sourced From – India Reality News

Staying ahead of the competition in real estate investment means doing your homework. If you are new to the business, it can be daunting. Here are some tricks that the old pros use to get ahead of the trends instead of chasing them.

Study Local Pricing
The first things to study are the current price trends in the area. Next, check to see if the average home price is more than in other neighbouring towns. This will provide an idea of where the biggest demand is. Another reason to study these trends is that, over time, you will start to develop a sense for which prices are “fair” for certain properties and which are overpriced. For individuals looking to buy properties at the lowest cost possible, this knowledge can be invaluable.

Look for a Catalyst
One sign that an area is up-and-coming and that it will be desirable in the future is the development of new infrastructure. When you see new roads and schools being built, it’s a sign that the community is set for a growth spurt. Investing in a growing community can be very profitable. Spotting new developments can be as easy as looking out your car window as you drive by. Telltale signs of land clearing, surveying or the beginnings of construction in and around major roadways are pretty big tip-offs.

Explore Low-Tax Alternatives
If there are two towns side by side – one with high property taxes (or with progressively rising property taxes) and the other with low property taxes – the one with the lower taxes will usually be more in demand. Beware of towns and communities that are becoming overcrowded. Signs include schools filled to capacity and inferior roadways. This could mean the town will have to do some major construction to accommodate the influx of people. And how do they pay for that construction?

Watch the Outskirts
If the properties in a major city or town have become overpriced, the areas on the outer fringes most likely will soon be in demand. Areas in close proximity to major bus and rail transportation are even more desirable. Nearly any area that is about to install a major train stop or a new major bus route will see its proverbial stock go up in value.

Bottom Line
It pays to do your homework and to tap local resources to determine which areas are hot now and, more importantly, which ones will be hot in the future. Much of the information is out there and free for the taking. You just have to be willing to do the leg work.

These residential apartments will be developed behind the Maharishi Vidya University, which is well connected to the major parts of the city. Noida City Centre is also sited close to the prospective location of 3C’s Lotus Panache Island. These residential apartments will offer 3 BHK + study + servant and 4 BHK + servant flats will be available. You can choose amongst the various flats sizes ranging from 2323 sq ft to 2564 sq ft. The impressive and exceptional luxuries offered at Lotus Panache Island seems to be extremely expensive but, like every other project of 3C’s this time also the luxuries of Green Development at Lotus Panache will be remarkably affordable. Thus, it is a golden opportunity to invest in Noida Property or to buy flats in Noida for your loved ones.

Sizes of Flats launched in Panache Island by 3 C’s:

For more details visit Sumangalam Lotus Panache Island or Call 9560396002/3, 0120- 4722222