EMAAR
MGF THE PALM SQUARE - RETAIL - CUM - OFFICE SPACE Original Booking of EMAAR MGF PALM SQUARE
COMMERCIAL -An integrated corporate office cum retail complex
set on 3.5 acres. The palm square is strategically located
as a gateway to the Palm Drive.
BANKS
CUT PLR's
After continuous hikes in Bank rates , here is a good news for existing
and fresh home loan seekers. Cuts in prime lending rates by banks have started
......
CHEERS
FOR NEW HOME BUYERS - HOME LOAN RATES HEADING DOWN
There is something to cheer for those who have been planning to buy their
own homes but were deferring their decision for doing so due to continuous
rise in home loan rates for the last ..
CHANGING
TRENDS IN REAL ESTATE SECTOR There was a time when Builders / Developers in real estate
laid entire thrust on developing Residential Complexes/
Townships .
SEALING
DRIVE IN DELHI Recent sealing
drive by MCD of Commercial businesses being run in residential
areas in Delhi has sent electric shocks to the traders community ...
Little did they realise that
commerce is the backbone of any economy since no Commercial Spaces Commensurate
with Residential Complexes came up during this period . It is not that residential
needs of the society has been met . We have to still go a long way in meeting
the needs of housing of the masses . But Concerned Govt Agencies in Urban
Development or Builders / Developers of real estate could little realise
as to the chaos that would emerge in the absence of Commercial spaces since
Commercial activity 25-30% of residential spaces in Urban areas . Looking
into the gravity of the situation , ourJudiciary took bold steps and then
followed sealing drives especially in Delhi and NCR . Thereafter concerned
Govt. Agencies responsible for urban development got up from their sleep
and started taking corrective measures , coming up with their master plans
earmarking spaces for Industrial , Commercial and Residential Spaces .
Builders and Developers
taking note of the mood of Judiciary started , coming up with Commercial
Complexes not only in Delhi and NCR but in flung townships . Several Commercial
projects are now coming up daily which is a welcome step in the right
direction . This will definately result in sustained economic growth .
But never the least
, Govt Agencies , should not become complacent about housing sector too
, need for which falls far short of demand . Let us hope that real estate
sector which plays a vital role in economic development will meet needs
of the society and also will meet social obligations by making sufficient
Commercial / Industrial and Residential Spaces at affordable rates.
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