A Matter of Support, Today Real Estate Buyer’s Guide, Delhi [January, 2007]

Developing Delhi

Surya Singh, Asst Chief Manager

Real estate development has emerged as a principal growth engine for economic development in India.

Three-fourth of real estates development consist of residential and one-fourth consist of the commercial sector.

India has positioned itself as one of the best place for real estate investments. It has been estimated that the real estate market will capture about 18-20 per cent of the total FDI coming to India in the next few years. This sector is today witnessing development in all areas such as-residential, retail and commercial in not only metros but also other cities.

CURRENT PROJECTS: RESIDENTIAL

SAHARA GRACE

Location: Gurgoan.

Accommodation: 207 units; 185 apartments, 16 penthouses and 6 villas.

Type of construction: High-rise, with penthouse and villas.

Amenities/salient features: Split AC, modular kitchen, cooking pipe gas connection, false ceiling, 100 per cent power back-up, 24 hrs treated water supply, three-tier security system that includes CCTV, fire alarm system in the common area, panic alarm buttons and gas leakage detectors, single-level basement parking, surface parking for visitors, convenience shopping store, club house.

Retail

SAHARA MALL

Location: Gurgoan.

Type of construction: Shopping mall.

Amenities/salient features: Built-up area of 3.94 sq ft, designed by the WS Atkins and construction has been carried by Larsen & Toubro.