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When a developer enters into a new property market, it is not just about buying land; it is also indicative of the developer's intent to develop the land. This change has become apparent in Greater Noida with the recent acquisition by Puravankara. The Bengaluru-based real estate developer has acquired a 13.44-acre land package for ₹340 crore in the Delhi-NCR market for the first time.
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As millennials are emerging as a more influential group of home buyers and investors, India's real estate market is changing. This generation have entered a world of rapid digitalization and their decisions on the purchase of property are different from previous generations. Other considerations, such as connectivity, work-life balance, technology, flexible spaces and long-term value, are now playing a larger role in their decision-making.
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Max Estates has added another addition to its NCR development portfolio with a joint development project in Ghaziabad where it acquires a 9.76-acre land parcel at Indirapuram. The site is situated on the National Expressway-3 and is proposed for residential development with an estimated area of about 1.5 million sq. ft. of super built up area.
When a penthouse is mentioned, a grand design, top-end amenities, privacy and a large view from the higher levels of a home typically come to mind. These houses tend to be on the upper levels or the top floor, with private terraces, bigger balconies and customised interiors. The price of a penthouse is, however, significantly greater than that of a more traditional apartment. More than a luxury appeal is needed to make a decision.
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When you're buying luxury real estate, you're looking for properties that have sufficient amount of room, great location, unique design, luxurious features and high quality specifications
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Purchasing your first rental home is an essential monetary choice but should not be made simply on the basis that property values will go up. There are two parts of a rental investment—the rental income that is earned from tenants and the potential future appreciation of the property. All must be checked prior to buying.
Puravankara Enters Greater Noida: What Its ₹340 Crore Land Deal Means for NCR Real Estate.
How Millennials Are Changing the Indian Real Estate Market.
Max Estates Enters Ghaziabad with a ₹2,500–3,000 Crore Residential Project.
What Is a Penthouse? Advantages and Disadvantages of Buying a Penthouse in India.
High-End Property Investment: Balancing Risk and Reward.
First-Time Rental Property Investing: What You Need to Know.
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