real estate agents in India

Which Properties Have Appreciated in the last 15 Years in Delhi

Which properties have appreciated in the last 15 years in Delhi NCRThe ever-evolving skyline of Delhi National Capital Region (NCR) is a testament to its dynamic real estate market. Over the last 15 years, Delhi NCR has witnessed transformative infrastructural growth, urbanization, and changing buyer preferences. This has led to an intriguing trend in property appreciation across various sectors and regions. Here’s a deep dive into the properties that have seen the most appreciation in the past decade and a half:

1. Premium Residential Areas:

  • South Delhi Localities : Places like Defence Colony, Hauz Khas, Greater Kailash, and Vasant Vihar have always been in demand due to their strategic location, green spaces, and plush residential offerings. Their appreciation has been consistent, making them the top choice for elite buyers.
  • Gurgaon’s Golf Course Road : With premium condominiums and proximity to corporate hubs, this area has observed exponential appreciation.

2. Emerging Hubs & Satellite Cities :

  • Noida Extension & Greater Noida: Initially developed as affordable alternatives, these regions have now emerged as self-sustaining townships with robust infrastructure, leading to remarkable appreciation.
  • Gurgaon’s New Sectors: Sectors like 82 to 95 have attracted considerable attention, mainly because of new residential projects and seamless connectivity via the Dwarka Expressway.

3. Commercial and Office Spaces :

  • Cyber City, Gurgaon: It’s the epicenter of corporate activity in NCR. With major MNCs and IT companies marking their presence, the commercial spaces here have seen a significant surge in value.
  • Noida’s Sector-62 & 63: Known for IT hubs and corporate parks, these sectors have experienced steady appreciation in commercial properties.

4. Affordable Housing Segments :

With the government’s push for affordable housing, places like Raj Nagar Extension in Ghaziabad and Sohna Road in Gurgaon have gained momentum. Their value proposition lies in providing homes at competitive prices, coupled with improving connectivity and infrastructure.

5. Integrated Townships :

The rise of integrated townships, offering a Real Estate, commercial, and recreational amenities, has led to appreciation in areas like Wave City in Ghaziabad and Jaypee Greens in Greater Noida.

6. Infrastructure-Led Appreciation :

Several properties along major infrastructural projects like the Outer Ring Road, Delhi Metro Expansions, and the Eastern and Western Peripheral Expressway have seen their values soar. Properties that were once on the outskirts have now become coveted due to enhanced connectivity.

Driving Forces Behind the Appreciation :

  • Connectivity Improvements : Expansion of Delhi Metro, road networks, and expressways have bridged the gap between Delhi and its satellite cities.
  • Corporate Growth : The proliferation of IT hubs, MNCs, and corporate parks has driven the demand for both residential and commercial spaces.
  • Policy Changes : Initiatives like the ‘Land Pooling Policy’ and the push for affordable housing have played a significant role in property appreciation.
  • Lifestyle & Amenities : The evolving expectations of buyers now include world-class amenities, security, and integrated townships, leading to a preference shift.

While Delhi NCR’s Real Estate Market has seen its ups and downs, it remains a magnet for investors, homebuyers, and corporations alike. The past 15 years stand as evidence of its resilience

Why Choose A Real Estate Agent?

There are many reasons to consult a real estate agent when dealing with real estate. After learning these reasons, you will be persuaded to seek counselling.

Transactions related to real estate should be carried out by real estate consultants. Those who want not to give commissions or to do business with acquaintances can make a title deed transfer or lease agreement without consulting the real estate agents.

However, it should not be forgotten that consulting a real estate agent is the main way to protect the rights of both parties in the best way, both legally and financially. It is known that the most basic reason for choosing not to consult a real estate agent is the commission payment.

This payment is actually made to ensure the safety of the parties. Having an intermediary that will provide reconciliation between the buyer and the seller ensures that the process proceeds cleaner. An intermediary to advance the process without any legal loophole or loss of rights, thanks to the actions that must be taken in accordance with the procedures,

A Single Point of Contact

When you get advice from a reliable and experienced real estate agent, you know who to contact. If you advertise yourself or choose to work with more than one real estate agent for any reason, it is quite normal to be confused at the end of the day. Since you do not regularly sell or rent real estate in your daily life, you are more likely to make mistakes in the process at the end of the confusion. This can put you in a situation where you can be a legal victim.

Compromising Person

When you consult a real estate agents in India, you get support from a person who will act as a buffer between the buyer and the seller. It is always good to have an intermediary to protect the rights of the two parties and to reach reconciliation between the parties. In addition to being an intermediary, real estate agents also prevent the parties from wasting time unnecessarily.

Someone who knows the conditions of the property owner will continue the transactions after examining whether the people who want the property in question meet the conditions.

A home owner who doesn’t want a pet in his house, shows his house to pet owners during the day and learns about this situation at the last minute, causing a significant loss of time for both parties. In order to avoid such situations, it is necessary to consult a real estate agent and get service from him.

Domination of the Process

Real estate agents in Noida are well-versed in real estate-related processes such as real estate rental, real estate sales, title deed transfer, share title deed transfer, getting a home loan or insurance that needs to be done in order to continue the transactions.

In this way, it is possible to proceed quickly and completely. Knowing whether a house is suitable for a loan is an important piece of information that will be very useful for both parties in the sales process.

Such information is collected for you by the real estate agent when you decide to work with the real estate agent. This allows you to gain both financial and time gains in the process.

If you want to have an expert by your side, we suggest you to consult the experienced team of Jain Oncor.

How To Choose An Office For Business?

real estate agents in India
real estate agents in India

The firm starts from the office. A couple of minutes are enough for a visitor to assess the status of the company and decide on the expediency of further cooperation.

A good office is more than comfortable furniture and quality repairs. How to choose an office space, the company’s management decides on its own, based on specific requirements and financial capabilities, but in general terms, the priorities remain unchanged: maximum convenience for both employees and visitors.

The choice of office space should be approached quite carefully, since this is the place where you will spend most of your time.

To make the search for an office as effective as possible, and the result meets expectations, the real estate agents in India offer step-by-step instructions on how to choose and rent an office and provide practical advice about other issues as well.

The maintenance of the office itself is not always economically justified: not all companies can afford to buy out even a small premises.

Sometimes the costs of repairs, equipping, security and utility bills completely eat up the annual profit: for this reason, renting an office space in Gurgaon is one of the most demanded services in the commercial real estate market.

Office from the perspective of an employee

Managers spend at least 8 hours at the workplace, and the surrounding atmosphere does a lot to ensure that the day does not end with a nervous breakdown. According to surveys, the following factors are important for office workers:

  • Convenient location, preferably near public transport stops;
  • High technical equipment (telephony, fast internet, ideally backup power supply);
  • Good ergonomics (good layout, sufficient lighting, low noise level, optimal microclimate parameters);
  • Working hours of the office centre (preferably – until the last employee);
  • Additional amenities (cafes, ATMs, dining rooms);
  • The presence of competitors: if their offices are located in the path of visitors, there is a possibility that the client simply will not reach the desired premises.

A good leader will definitely try to create conditions for employees to work with full dedication.

Office from the client’s point of view

Paradoxically, but visitors can also give useful advice on how to choose an office space in Saket for rent. In a highly competitive environment, poor location is one of the main reasons a company loses potential customers.

Convenient access roads and parking is an indispensable condition for respectable business partners. It is desirable that administrative and regulatory authorities, banks, reputable restaurants are within walking distance.

Modern office centres are necessarily equipped with elevators, even if the building is no more than 3 floors high. Special respect is given to caring for visitors with disabilities: ramps, the absence of high thresholds, wide corridors are a clear sign of caring for people.

Naturally, the internal culture of the office centre is important for visitors: access control, the availability of background information, pleasant trifles in the form of a glass of cool water or the opportunity to rest for a few minutes in a comfortable lobby.

Working In A Real Estate Agency: Pros

real estate agents in India

Many young people, after graduating from a university and not finding work in their specialty, or even losing their job, are looking for sources of income for themselves.

Today, it is quite difficult to find a good, highly paid job that will bring not only financial stability, but also moral satisfaction, despite the wide range of offers on the labour market of our country. And for many, the best option seems to be working in a real estate agency.

There are many reasons why potential applicants are attracted to vacancies in the real estate industry- no special education, flexible hours, constant contacts with people and the prospect of useful acquaintances, high income. It should be borne in mind that there are many difficulties that real estate agents have to face.

Working in a real estate agency

What is the essence of working as a realtor? A real estate agent is a specialist who conducts real estate transactions. Not only his personal income depends on his skills and abilities, but also the reputation of the agency.

Therefore, when hiring a young specialist, the directors of companies teach him the minimum skills, and then each realtor learns in the course of work, self-learns, which allows him to achieve good results in his professional activities.

If we talk about the responsibilities that fall on the shoulders of real estate agents in Noida, then it is worth highlighting the following:

  • Search for potential clients to increase the client base.
  • Working with clients – sellers and buyers.
  • Search for real estate at the request of customers.
  • Display of objects for sale.
  • Negotiating and organizing meetings with clients.
  • Provides support at all stages of transactions.

As you can see, the agent really has a lot of work, especially if the number of clients is constantly growing. But if he works in a normal agency, with a good atmosphere in the team, then, as a rule, in such companies, mutual assistance between employees is a normal practice, and it allows you to work “for the result.”

The qualities of a modern agent necessary for working in an agency

Sociability

Negotiating and communicating with people is the key to the success of real estate agents in India. It is important to keep in mind that you will have to communicate with a large number of people every day, both by phone and in meetings, and not all of them will be friendly and polite.

Knowledge of the basics of psychology and rhetoric will be beneficial and will help to establish contact with potential clients, thereby increasing the chances of a successful conclusion of a deal and making a profit.

Creativity

The ability to present information outside the box and thereby attract the attention of clients is a big plus for an agent, and the ability to bypass competitors in terms of the number of transactions.

Organization

It is important to be able to build your day taking into account all the responsibilities and planned activities, and in the event of emergency situations or unplanned meetings, correctly fit them into your schedule, while not harming or offending others.

Office Rental: All You Need To Know To Rent An Office

For any professional working in the private sector, having an office is vital. Given the economic realities, leasing appears to be the best alternative to achieve this end. Let’s look at the outlines of this type of rental.

Office rental: what do we mean by “office”?

The “office” can be defined as being the nerve centre of decision making of the professional within the framework of his activities. For this purpose, it is therefore generally a furnished room which is not used for production, nor for traffic, nor even less for the sale of goods.

What types of offices to rent?

Everything will depend in practice on the nature of the activity carried out by the professional. Indeed, like homes, office premises also come in different surfaces: 50, 100, 500, 1000m² etc.

It is therefore up to the professional to determine which category of surface suits him according to his activities. It should be noted, however, that in general individual desks cost much more than other categories.

This is particularly true for small and medium-sized premises, the most sought after on the market, especially in large urban areas. To get around this economic reality, the ideal is to rent office space in Bhikaji Cama place located in a business centre.

In fact, in these “business hubs”, in most cases, the landlords turn out to be tenants themselves. These are often large-scale companies specializing in the management of business centres.

For this purpose, they therefore sublet the premises. And since the subletting is generally less expensive than a first-rate rental, the professional will find his way economically.

Apart from the “business hub”, another solution exists: apply to obtain premises within a business incubator. Given the objective of this type of organization (helping to launch young businesses), generally rents are more than affordable.

Recommended types of lease for an office rental

Three types of office rental lease are possible for renting office space:

-the short-term lease,

-the commercial lease

-and finally the professional lease.

Regarding the first, it is generally used for premises located in business centres or business incubators. It is stipulated for a maximum of two years, non-renewable.

The short-term lease has significant advantages. Thus, for example, the amount of rents is fixed once and for all when the lease is concluded. No risk of revision therefore. But the main drawback remains the inaccessibility of the right to automatic renewal as in the commercial lease.

The latter is precisely the second type of lease possible in the context of the rental of office space. Indeed, despite the fact that such a lease is in principle reserved for traders and craftsmen only, professionals exercising freelance trades also have the possibility of subscribing to it.

The only condition is to obtain the agreement of the lessor. For the professional, renting an office under the commercial lease regime will have many advantages.

The main ones reside on the duration of the lease (9 years minimum), the right to automatic renewal of the lease, or the right to receive eviction compensation in the event of termination.

Finally, lastly, it is also possible to rent an office under the professional lease regime. Unlike the other two, this type of lease allows the premises to be rented for at least 6 years.

Although less protective than the commercial lease regime, the professional lease nevertheless has the advantage of being more flexible.

To get the right office space for your business, our suggestion for you is to contact real estate agents in India.

Whatever the type of lease, it is incumbent on each of the parties involved a certain number of rights and duties: there are thus certain obligations of the owner of offices to be scrupulously respected, just as there are certain obligations of the lessee of offices to respect everything. also conscientiously for a harmonious professional rental.

Determine The Value Yourself Before Buying A House

For you as a home buyer, it is worthwhile to have the value determined before buying a home. You may save money because you can negotiate the purchase price, or you can even prevent a bad purchase.

Ideally, an objective property valuation forms the basis for the purchase negotiations. In fact, not every owner has the value determined before buying a house.

It is often private individuals who sell their property and carry out the valuation themselves. This often leads to an unrealistic price because the assessment is biased. The personal workload, memories and emotions are associated with the property.

Many property owners at some point come into a situation in which it is important to know exactly the value of a property, for example when selling or buying, in the event of inheritance or divorce.

But as an investor, you should also be able to determine the value of a property in order to make decisions. This article introduces you to how to know the true worth of a property.

Which factors are decisive for the property valuation?

Numerous properties and characteristics of a property can influence its value. The most important factors include:

  • The condition: is it an old or new building? Are there any costs incurred for the renovation? How much do you have to invest as a potential buyer?
  • The equipment: how should the floors, windows and possible built-in components (e.g. Kitchen) be classified? Is it an upscale equipment?
  • The location: in which region is the property located? In a more rural area or in a metropolis? And within this city in which residential area?

If you have the feeling that the price of a property is too high or you suspect construction defects, then have the value determined before buying the house. In the best case scenario, you should hire a building surveyor for the house purchase who will issue an independent judgment.

An expert is recommended, especially if there is any suspicion of hidden damage or construction defects. He checks the condition of the house, from which he determines a value before buying the house.

At the same time, the experts such as real estate agents in Noida provides information about the expected costs for urgent renovations. You can then either withdraw from the purchase or include this in your financing planning. In any case, you are on the safe side with an expert opinion.

A professional valuation by real estate agents in Delhi is of course also an advantage for owners, as this ensures a realistic purchase price. This has several advantages:

If your property is worth a high selling price, you have a solid basis with the appraisal to justify it. The evaluation includes individual features that have a positive effect on the purchase price.

Under certain circumstances, you would not have taken these into account or had incorrectly assessed them.

A purchase price that is too high can reduce the chances of selling and (unnecessarily) drag out the sales process. This is particularly a hindrance if you want to sell as soon as possible.

At the same time, a price that is too low is undesirable. Under certain circumstances, however, you would have overestimated the purchase price because you did not take into account the special features of your property or did not know its value.

So, if you sell your home, have it appraised. The same applies, of course, if you want to sell a vacant lot. Land prices should also be determined professionally.

Buying A House: The Keys To Success

The timing of buying a house always follows the same steps. So that you know what to expect, we explain the most important stages from the desire for your own property to the notary appointment to handing over the keys.

Before you start looking for a property, you should get an overview of your financial possibilities. Make an honest assessment: What is your monthly income and what are your monthly expenses?

How you imagine your life- with large garden parties at your home, your favorite Italian around the corner or close to your family – has a decisive influence on the properties and house types that suit you. Try to look as far into the future as possible and ask yourself where you see yourself in 10 years.

When you have decided for yourself where your dream house should be or whether it shouldn’t be a dream apartment after all, you come to the most exciting but also most nerve-wracking part of the house purchase project and the rest of the process: the search for a specific property.

Even if real estate in some particularly hotly contested markets can only find a new owner by word of mouth, the most productive search is generally in online portals and real estate agents in Delhi.

The buyer of a house or an apartment on plans must be attentive to all stages of the work since he becomes the owner as they progress.

Certain points must nevertheless be the subject of very particular vigilance in order to avoid a subsequent dispute. Here are the essentials of negotiating your off-plan purchase.

How does the purchase of an apartment go?

The buyer has an interest in asking for a  detailed descriptive notice as well as a dimensioned plan of the reserved apartment- or even of the building as a whole (plans of the ground floor and floors)- specifying the dimensions of each room accompany the reservation contract.

To have contractual value, these documents must be dated and signed by the promoter and the buyer. The preliminary contract must also indicate that they are indeed attached.

In and of itself, the location is the most important thing in a property. This then results in the price. In addition, legal components still need to be clarified, be it the land register status, any restrictions in construction and so on.

When viewing a house, you face the challenge of paying attention to several things at the same time: atmosphere, room layout and furnishings, but also possible damage.

Pay particular attention to the basement, roof, heating and drinking water system, windows and doors and the facade. It is best to be accompanied by an expert, for example an appraiser.

From the seller’s side, it is very important to consider the property income tax, which can currently move up to 30%, or to calculate it in advance.

And from the buyer’s side, there are the usual ancillary costs that you have to get from a proper broker anyway, according to the general conditions. These range between 10 and 11%, depending on the purchase price.

What Precautions Should I Take If I Rent My House?

If you have decided to rent your house, in good time: you are about to enter one of the most profitable businesses that exists. Your service is one that is always on the rise, with a guaranteed return.

By renting your house you receive benefits, but at the cost of not a few risks. Without a doubt it is something that cannot be avoided in any investment, but it does not hurt to be aware of each of them to neutralize it as much as possible.

The risks of renting your house

New responsibilities

By renting your house, you acquire more responsibilities related to the property than you already had. For this reason, it is important that you draw up a contract that stipulates each of these responsibilities, and who takes charge of them: payment of services, repairs in the property, voice and vote before the community of neighbors.

New taxes

The rent of an apartment means you a fixed income, but also put the eyes of the treasury on you. You must pay taxes on the profits that a property generates. Failure to do so expose yourself to fines and surcharges.

Periods without income

When you start renting your home as if you change tenants, your property will be empty for several months (especially if your requirements for tenant are very demanding). This is going to mean that you will run out of rental income during that period. You should consider that maintenance, electricity and other services will have to be paid, and that you will have to do it.

Tenants with past

It will never be too stressed that at the time of taking over a tenant you are sure of their solvency (an income that does not exceed 30% of their income guarantees that they will not default on their obligations) and their background (ask for some roots in their work and personal references never hurts).

Do it by yourself

The most important of the recommendations when renting your home is that you do not resort to verbal agreements or standard contracts, let alone you who collect the rent and this is why you should consult real estate agents in Noida.

Seven reasons why you need to hire a real estate agent

  • Experience in the real estate industry
  • Provide legal and financial advice
  • Avoid exposing yourself/safety issues
  • Guarantees a safe purchase
  • You will save time
  • Will be a better negotiator
  • Different perspective

The most important reason why you will need the services that a real estate agent does is their experience in the sector and their skills in that business.

Their strategies, contacts and recommendations will be crucial at the time of selling a property or making the purchase or rental of the home that best suits your needs.

Another great advantage of hiring a real estate agent will be their invaluable help when carrying out paperwork and financial movements.

As an expert in real estate, the real estate agents in Delhi know perfectly the documents and procedures to be carried out as part of the purchase-sale process, he can guide you to hire the services of a lawyer and/or notary, in addition, he will advise you on financial matters that first-time buyers are often unaware of and will have up-to-date information.

Tips To Get Good Tenants

Talking about how to get good tenants is much more difficult than it sounds. There is a high probability that you will get hardworking people, but there is also a small percentage of chance that you will meet the tenant of your nightmares.

For this reason, landlords currently require a series of documentation, almost incredible, to verify the real conditions of each individual who intends to rent.

In fact, owners of rented properties in Gurgaon request more than one security deposit in the event of an incident that could have a serious impact on their finances. Believe it or not, there are a few ways to figure out how to select the best possible tenant without having to hire a private detective.

These are some of the things to keep in mind:

Make a list of candidate information

From the moment you start receiving applications, make a classification to be able to find the profile that you have imposed on yourself. Then start evaluating one by one the requirements you requested, such as proof of work, recommendations, bank references, etc.

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Find out what their job performance has been

A good tenant should be a person who has the ability to pay the rent. If you wish, you can evaluate the time you have working in the company where you work and from there it is assumed whether or not you have job stability.

In the same way, take this advice into account, do not allow your tenant to have an income less than double the rent. This person must earn at least three times the amount of the lease.

Another point, check if the income is fixed, that you can clearly see in the account statements.

Review receipts to ensure solvency

All people make payments and have certain monthly expenses, check in detail if they have solvency. These credit ratings allow the owner to verify the identity, current residence, occupation, and income of the candidate.

Take into account the profile of future tenants

The economic activity of the tenants and the lifestyle falls directly on the use they will make of the property. The time they may reside will give us an idea of ​​a soon or distant renewal of the contract.

The profile of the tenants will allow taking into consideration certain clauses that it will be better to contemplate in the lease.

Discuss the details of the lease with the prospective tenant

From the first moment he comments on the forms of payment and asks if the tenant has the possibility to pay on the established date, the most common is to pay in advance.

Due to the large number of offers on the real estate rental market, the search time for tenants has greatly increased. In an unsuccessful season for rent, the owner of the apartment can look for tenants for several months.

Real estate market experts strongly recommend seeking help from real estate agents in Gurgaon. Landlords need to carefully look at future tenants and try to check with objective data the statements of decency and solvency.

Hiring A Real Estate Agent When Buying/Selling A Property

When we decide to buy or sell a property we always have doubts, and we wonder if it will be convenient to hire a real estate agent? It may be that if it is your first time, you do not even know where to start and it is that you are inexperienced in the subject of selling or buying a home.

If you are interested in listing or renting a house that you own, you are probably wondering if it is really necessary to hire a real estate agent.

Given the appearance of digital tools, such as social networks or websites, the sale and rental of real estate is no longer an exclusive activity of real estate agents, however, their experience, vision and skills will be of great help during the process of purchase-sale or rent.

That is why we recommend hiring a real estate agent who will walk hand in hand with you throughout the process.

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Where to hire a real estate agent?

The help of a real estate agent in Noida will always facilitate and accelerate any home sale or purchase procedure. The job of a real estate agent is to deal with these types of issues on a daily basis, which is why they are always aware of the housing market.

Before hiring a real estate agent it is important to check their history and verify that they do not have any bad antecedents. There are many formal real estate agencies that have excellent agents.

How does a real estate agent help us?

Having the experience of a real estate agent can benefit us in various aspects:

  • In the negotiation of a fair price for the sale or purchase of a property.
  • They have legal preparation
  • Have the ability to perform any type of negotiation
  • A furniture agent makes a preliminary report based on the prices of homes in the area.

What does a real estate agent do in a sale?

A real estate agent is in charge of preparing the house to be able to sell it as soon as possible, in order to present it to the buyers with the best possible appearance.

They also prepare a photo report at her own expense, whether they hire a professional or do it themselves. Real estate agents in India also take care of advertising; for example, by placing a large number of ads in different parts, this is the only way to reach a large number of interested people, especially on the internet.

What does a real estate agent do on a home purchase?

Although a negotiation seems easy, it is not. There are clients who agree in a few minutes but others do not. So the task of a real estate agent is to convince and agree, so that you are the most benefited.

The real estate agent is in charge of finding a suitable place for you and your family. The job of a real estate agent is to help your client find the home that best suits them and of course that best takes care of their interests.