Focus 2013 in Realty

The year 2012 had few signs of positive growth with inflation below the RBI’s levels and with growth in the Index of Industrial Production (IIP) which was a breather for year 2013. Here are some insights with regard to inflation in economy and policies which would have an effect on real estate for 2013:

1. Economy – Although there is a risk of inflation but RBI would focus towards growth in 2013. It is expected that interest rate would witness a downward trend in 2013 which would lead to reduced home loan rates inturn leading to increase in buying of realty assets. An upward trend in consumption will lead to urbanization despite the slowdown in GDP which will drive the year 2013.

2. Policies – Initiatives for better policy making are being taken which would improve the investment in the near future in the year 2013 of real estate. The Real Estate Regulation Bill is expected to be tabled in the winter session of the parliament; the real estate investment trusts (REITs) or real estate mutual funds (REMFs) are also expected to get launched in 2013; and the Land Acquisition and Rehabilitation and Resettlement Bill is to be tabled in the upcoming budget session in 2013.

3. Infrastructure – In the infrastructure sector a substantial FDI of USD 2.8 billion has been achieved which is accountable for a notable 7.7% of the total FDI inflow in the Financial Year 2012. In the year 2013, relaxation of FDI policies in multi-brand retail is expected to boost the investment in back-end infrastructure development such as logistics. Moreover, an FDI of up to 100% will be permitted under the built-up infrastructure which will surge the development of the city and the infrastructure in at the regional level in 2013.

 

4. Commercial Real Estate – There is not much significant change in the absorption of office space in 2013 as compared to year 2012. There is expected rush for prime locations in prime buildings in the year 2013. Fresh projects are being launched and vacant spaces are being occupied in no time. With this scenario rents are certain to get a boost. Special economic zone is favorite among the occupants to avail the benefits.
 

5. Residential Real Estate - REITs in India allowing investments in rental housing is a new trend worth a watch. Once the framework and details of REIT are formulated it is  likely to drive the investor demand across the prime cities in India in 2013. Another interesting trend observed recently in the last two years was that the stock in the range of INR 2,000-3,000 per sq ft was sold out very swiftly. In 2013, there will be a shift in the range to INR 3,000-5,000 per sq ft with the increase in inflation and construction costs.

6. Education and Health Care – There is aggressive growth in skill based educational institutions in 2013, particularly in the non-metro cities of India, where there are new opportunities. In the health care sector, hospital chains along with day care centre are expected to expand aggressively in 2013. Both these sectors are expected to attract private equity investment in 2013.
   

 

7. Delhi - Most of the absorption in Delhi NCR is likely to focus around Gurgaon and Noida, with the exception of Delhi International Airport Limited (DIAL) and few select stand-alone Grade A projects of Delhi. As the demand supply gap of quality office space is expected to increase because of the supply constraints in select precincts of Delhi NCR, rents are expected to increase in certain micro-markets.

Therefore, these factors will affect the real estate business in year 2013.

NCR promises boom in Realty

Delhi is undergoing a facelift these days with the rise of satellite townships, business avenues and various other infrastructural developments. The aim is to make Delhi a global metropolis and a world class smart city by year 2021. The Government and the private sector are hand in glove to make Delhi a better place for which government has initiated Private Public Partnership ( PPP) model. The PPP model has been propagated to improve infrastructure actively as well as for development of the land.

With the help of Delhi Development Authority the Delhi Master Plan 2021 aims at constructing 65,000 houses for the urban population in the coming four years. Nevertheless, there is also a planned budget 2012-13 by the central government which would involve private sector for cheaper housing which would in turn boost the development in NCR.

Infrastructural development and improved connectivity with better transportation will lead to concentric development of the capital city. Various highway and expressway projects like Yamuna expressway have not only made way for better connectivity but have also paved way for real estate developments. There was also a stress on Delhi-Mumbai Industrial Corridor by the Ministry of Finance for on the either side of Western Dedicated Rail Freight Corridor. 

Also, the Eastern Dedicated Freight Corridor would be intersecting the Western Freight Corridor in Greater Noida thus making Greater Noida an important area of NCR. Dedicated Freight Corridor Corporation (DFCC) and the U.P state Industrial Development Corporation (UPSIDC) on the initiation of the Government of Uttar Pradesh have already started the deliberations on developing the industrial and residential townships along these corridors.

The IT sector has much to offer being the largest occupant in excess of 200,000 sqf each across Gurgaon and Noida. More of such developments are expected in the fourth quarter of which 70% will comprise of IT across Noida and Gurgaon.

Gurgaon as of now is the most favorable location as compared to Noida and Greater Noida for commercial and residential developments.

 Moreover, if the much needed global economic recovery along with domestic economy comes to surface the future of realty sector is bright in NCRs.

A Testimonial

Where is my destination

If not in your arms

Where is my heart

if not in my homeland

thinking I keep waiting

for the final moment

when I’ll be there

reaching my hearth

putting an end to the

long wait.

The countdown

is yet to begin

can’t help but 

wait the process is so.

Restless I get

as the long day

passes by.

Waiting for the escalations

 to wear down and finally

head to home to meet

the near and dear ones.

Now, I know what it is to part

from the homeland.

Nothing terrible

can happen than saying

goodbye to the dear ones.

But the future is near

and so is the day

I meet them again.

Here putting an end

to the testimonial

I hope to see them soon.

Mirage

The mirage of future

hails from today

the sweet memory

of yester years

enlightened with fun

and frolic.

Oh! This is what I

have been waiting

for, from the mirage

of memories of past

into the present and

then future

fading away the reality.

The day will come

putting an end to all

the questions unanswered;

decolorizing the mirage

of future, past and present

and communion with the priced happiness.

The first encounter

Painting a picture of yours

I remember the first time we met

It was like budding of flowers

Birds settling down in their nest

First rain drops on earth

It was like a complete picture

You and me; me and you that’s

The way it was meant to be

a shear luck to

have each other together

Every word starts with you

And ends with you

Me and you; you and me

That’s the way

It was meant to be

Time it was for new beginnings

And new endings

Still it is

as we go through more

and more in life

You and me; me and you

That’s the way it is meant to be.

Amazon's Kindle Fire

Are you thinking of watching a movie on weekend or catching up with your favorite TV show? If yes, then Kindle Fire is the right choice. This Amazon tablet is very appealing as goes for its HD screen giving a tough competition to the Apple’s iPad.

Buying HD over a regular one would be a wise decision although it costs $40 more than the usual model. The HD models unveiled this Thursday start at $199 for the small screen Fire models. The Kindle Fire with bigger screen is all set to make a mark in the market sometime in November.

Along the sidelines of the launch of Kindle Fire Amazon has also up graded the regular model which is now much faster than the original which came out last November.

The Kindle Fire is now in close competition with Apple’s iPad with Fire’s larger models having 8.9 inch screen with a high resolution likewise in Apple iPad.

The smaller Kindle Fire has a screen resolution of 1280/800 pixel whereas an Apple iPad has a resolution of 2048/1536. But then you have sharp picture in $199 as compared to $499 for the latest iPad which makes Kindle Fire a must buy.

Amazon has also made changes in design in its HD models. Now the speakers are on both the sides and if it is in a landscape mode like a movie screen one can watch movies in Dolby Digital sound.

The new HD model and the old Kindle Fire have a series of new features that are good but moreover the same. As per the X-Ray feature, if you tap on the screen while a movie is going on it will lead to listing of actors featuring in the scene. For more information one can even access Amazon’s movie information service IMDb.

The X-Ray feature is very popular feature on the Kindle e-reader which has been used in Fire and gives bird’s eye view to the user.

Yet another feature Amazon has offered is the ‘Immersion Reading’ that allows narration from an actor that might be appreciated by the users.

Amazon has also added a feature that controls the time spend by a child on various media. Now one can limit your child as to how much video and games they can access while making them read as much as one likes.

The USP of Kindle Fire by Amazon is the HD screen with sharp image formation which might be of interest to some looking for a reasonable buy.

A Walk to remember

Surrounded with Black forest trees is
A walk to remember
as we go hand in hand

to an unknown destination

Simply voracious it is though

with no end to the trekking

the scenic beauty

keeps us awestruck

The fresh air hits our face

making a whistling sound

the birds chirping in the nest

here we go for a walk to remember

The vineyards busy churning the vine

the black forest cake goes not for a miss

here we hail to the nature's beauty 

amidst the beautiful black forest

All in all the beauty of the black forest
makes for a walk to remember

as we go hand in hand among the shaded

green trees of black forest.

Poetry

Tic tac bing bang boom

Poetry is not a rhyming spoof

It is an artiste creation

Doesn’t need any interpretation

Just go with the flow

To tantalize your creative side though

Tic tac bing bang boom

Poetry has no space for a doom

Though it can touch the gloom

In your heart

Tic tac bing bang boom

Poetry is a niche

Poetry is a haiku

Poetry can touch your heart

Make you laugh make you cry

Tic tac bing bang boom

The long wait

Scintillating beautifully marveled

She stands by the pillar

Waiting for someone special

Looking at the delicately

Decorated wrist with a watch

Longing for the special one

As if it’s been too long

Since she met him

Dazzling among the diamonds

Under a street light

Creating sparkle to the night

With only a hint of make-up

Holding on to her clutch bag

With all the glitterati.

Holding on to meet some one special

She stands there with that expression of longing

In her eyes

And it seems time has stopped here for her

While she waits for her only one.

Prelude to our love

Here i am again
with the same
old story
of ours
Yet with a new beginning
of our love story
conditioned to every probability
our love can have.

Here i am with you
with yet another
sombre free, gay and hearty
beginning to our love story
marking a new union of
love and romance
without any prelude or an end.

Dazed with mere imagination
of communion of two lovers.
Here i am with yet another poem
of our love.

Singing to the tunes and dancing to the rhythm
of our love
yes.our very own self -profound love
ignorant of the world beyond
unknown to the limit of the limitless fondness of each other.

Here i am with you amidst our love for each other.