Tag Archives: Real estate

Change Agents – Vadodara Real Estate – Article on Times Of India

Posted by on August 18, 2011 2 comments
Vadodara Property Centre 15th Aug 2011 - Media coverage - Vadodara Real Estate changing

Times Of India has published article on 15th Aug 2011. It covered how vadodara real estate is evolving and how vadodaraPropertyCentre.com is playing big role in that.

 

Vadodara Property Centre 15th Aug 2011 - Media coverage - Vadodara Real Estate changing

TimesOfIndia Article covering VadodaraPropertyCentre.com

 

Abstract from article:

India is growing and internet is playing a big role in that, A big portion of Indian are technology savvy, They are spending quite ample of time on internet, due to this there is high demand of localinformation over the internet and same goes with real estate also, Thousands of people are searchingtheir dream property on internet but still enough information is not available in user friendly way,Vadodarapropertycentre.com- a leading vadodara real estate website trying to fill this gap with theirinteractive social website.
VadodaraPropertyCentre.com is trying to organize entire vadodara real estate information so buyerscan easily find their dream home with just few clicks sitting under the hood; Website has already listedleading builders and has more than 150+ projects. Everyday more than 500+ users are using this websiteto shortlist their dream home. Individuals are also posting their property free of cost and taking help inselling or renting it.
Pooja Agrawal ,  Founder,  Vadodarapropertycentre.com believes that next generationwill not take pain of roaming around entire city and see different property sites rather new generationwill prefer to short list their dream home over the internet. Infect same thing is happening now andmore than 100+ leads from vadodarapropertycentre.com to leading builders is proof of that.
To showcase their zeal with what they are doing and to reach to reach mass of vadodara,VadoaraPropertyCetnre.com is also organizing a grand property exhibition named as “VadodaraProperty Fair 2011”. This will be grand transactional event where the property seekers can chooseproperty among best 50+ projects under one roof.

Vadodara real estate trend – Q1 2011

Posted by on March 30, 2011 No comments
interest in different locallity in vadodara

Lots of our user asked about trends in vadodara real estate, some of  our listed brokers also asked that what kind of project people are searching at our website. We here at vadodarapropertycentre.com collects some data which helps us to improve our system.

It is really interesting to process this data for  vadodara real estate and finding some interesting and useful information. we hope below information make sense to you.

 

vadodara real estate trend

Messages send for different type of properties

Above charts shows that 62% messages (enquiries) has been send for apartments / flats , it make sense as bungalows and tenements are very costly and a common person can not easily buy it.  More than 5 % messages send for plots and lands in vadodara. 10 % People are interested in duplex in vadodara.

Along with enquiry , we also store what people are searching, and we always make sure that people get sufficient properties in vadodara. Our analysis shows that people from vadodara are interested more in properties in Akota , Gotri , Makarpura , Subhanpura , New Karelibaug , Sama, Vasna,  Alkapuri , Vaghodia road and Vasna-Bhayli Road.

interest in different locallity in vadodara

property interest in different locallity in vadodara

 

if you wants to buy property in vadodara , Please let us know what is your preference ? You can find list of properties in vadodara here.

15,000 crore investment in real estate – Vadodara , Ahmedabad, Surat

Posted by on January 7, 2011 No comments
real estates investment in vadodara , Vadodara properties, vadodara property
real estates investment in vadodara , Vadodara properties, vadodara property

real estates investment in vadodara

Gujarat has shown its development strength to the entire world, and therefore has grabbed lots of big investments in past, In Auto-mobile industry Tata Nano plant in Sanand is one of the example.

Now real estate showing it’s charm, Around 50 members of Confederation of Real Estate Developers’ Association of India (CREDAI), an apex body of builders, will sign investment agreements worth Rs 15,000 crore, mostly housing projects which will be build in Ahmedabad , Vadodara & Surat. These builders  are from Mumbia, Delhi, Banglore, Pune, Chennai, Kolkata, Jaipur, Coimbatore and Mohal.

Vadodara

In our past blog we had described that Vadodara has very high potential for real estate investment compare to other cities.

So if you have plots in vadodara which can be used for housing project, there are chances to get good values by new builders. To attract investors you can post information here or send us by email.

Being bullish we hope that this news anyway will boast Gujarat real estate and attract more foreign and local investment.

Reference: Builders to home in on Gujarat – The Times of India http://timesofindia.indiatimes.com/city/ahmedabad/Builders-to-home-in-on-Gujarat/articleshow/7227103.cms#ixzz1AJiR2lmv

Vadodara’s 2010 Property Exhibition & Trade Fair

Posted by on September 20, 2010 7 comments
Vadodara Property Exhibition & Trade Fair

Vadodara Property Exhibition & Trade Fair

There will be two days Property Exhibition & Trade Fair in Vadodara with name of PROPERTY KINGDOM – 2010 on 2nd & 3rd October 2010 at The Hotel Gateway (Formerly Known as Hotel Taj), Near Akota Garden. According to organizers it will be an excellent Platform for Property Builders, Developers, Renovators, Dealers / Brokers & Individuals to exchange endless possibilities.

Event Address:

The Hotel Gateway (Formerly Known as Hotel Taj)
Akota Gardens
Vadodara, 390020 (Phone: 0265 2354545)
View Larger Map

Event Date :  2-3 October 2010

More information can be found at here . If you are interested to showcase your property or service, more information can be found here.

What do you think about this expo, Will it worth to visit ? Are you going to join, Share your feedback in comments below.

Mumbai to Vadodara in 3.5 hours

Posted by on August 19, 2010 1 comment
A stretch of the Ahmedabad-Vadodara expressway

Image via Wikipedia

The ambitious Vadodara Mumbai Expressway gained momentum and land acquisition has been started. This express highway will be length of 380 km and will connect to the existing Vadodara -Ahmedabad section.

Based on our experience from Amheadabad-Vadodara express highway, people can run their car on 120 km per hour easily so around 3.5 hours will be sufficient to reach Mumbai from Vadodara.

This is happening under sixth phase of National Highways Development Project in which government is working on constructing expressways that would connect major commercial and industrial townships. it is planned to be completed by 2014.

Once it is done it will attract investors from Mumbai and Surat to invest in Vadodara real estate as prices are still less here.

This will also boost Ahmedabad market as distance between Ahmedabad to Mumbai will reduce to 380+95 = 475 km and people can reach in 4.5 hours.

Ref:

    http://infrastructure.gov.in/pdf/NHDP.pdf

    http://timesofindia.indiatimes.com/City/Vadodara/Vadodara-Mumbai-Expressway-project-picks-up-pace/articleshow/6332620.cms

Vadodara for real estate property investment

Posted by on July 19, 2010 2 comments
A stretch of the Ahmedabad-Vadodara expressway
Image via Wikipedia

Real estate is always one of the most attractive investment for everyone. Vadodara is emerging as real estate investment hub due to following points

  • Rates in Vadodara are still much more reasonable compare to near by city like Ahmedabad and Surat
  • Vadodara could well be the next IT hub of the state after Ahmedabad/Gandhinagar
  • Anand and Surat fairly near by as well as the Express highway connecting Ahmedabad and Vadodara , is doing wonder.
  • It’s home town of numbers of Gujarati NRI
  • Mumbia is saturated and large number of investor thinking investment in gujarat

In a way Vadodara has capability to do well in residential and commercial property segment both and thus it is attracting large number of foreign and Indian real estate investors.

Please comment, if you have some other strong point to agree or disagree on this.

Villa Bungalows Apartments

Posted by on June 17, 2010 No comments
A typical side-gabled bungalow in Louisville's...
Image via Wikipedia

Most of time builders use fancy words in order to make consumer confusing while defining property type.

These are all marketing strategy and end user get fascinated. In this blog, I would like to explain different kind of residential house or residential properties.

Bungalows : This is separate house, traditionally only one story, but can be extended. You will be surprise to know that this is Indian/Hindi word meaning houses in Bengal.

Villa: It was originally used for luxurious country house of a well-to-do person but now a days know more than marketing term used for bungalows. spa villa is most hyped marketing term used by hotels.

Apartments/Flat : It is self contained housing unit which is part of building. This kind of building most often known as apartment buildings. Some people think that they is difference between apartment and flat, Yes in dictionary but in practical life there is no difference. “apartment” is more commonly used in the US and the term “flat” seems to be more commonly used in India.

Complex: This is combination of shops and residential houses. Most commonly ground floor is occupied with small shops to full-fill basic need of entire building.

Please let us know if there are other confusing word.

FSI – floor area ratio – floor space index

Posted by on June 6, 2010 2 comments

FSI

In the series of Real-Estate Jargon , This is second blog, you might interested in first blog of the series abut definition of different kind of area  (Definition Of Carpet Area , Built Up Area , Super Built Up Area)

Floor area ratio is very commonly known as floor space index (FSI) also in India. In laymen language it is indicator that shows how many numbers of floor can be build in certain area, it is the ratio of the total floor area of buildings to the size of the land of that location.

Municipal corporation or urban development centra set the norms for FSI and builders/constructor has to follow them strictly. so anyone can not construct building which is very tall and does not provide enough space for surrounding buildings.

In nutshell FSI restricts that taller buildings should have better space at ground so it does not impact surroundings.

As a formula: Floor Area Ratio = (Total covered area on all floors of all buildings on a certain plot)/(Area of the plot).

Let’s take an example, if FSI is 3 for any city, and plot area is 3000 sq. meter,In this case builder can construct

  • 5  floor of  1800 sq meter (60% of 3000)  covered area in each floor  = 5*1800 = 9,000 /3 = 3,000
  • 10 floor of 900 sq meter (30% of 3000) covered area in each floor = 10*900 = 9,000/3 = 3,000
  • 20 floor of 450 sq meter (15 % of 3000) covered area in each floor = 20*450 = 9,000/3 = 3,000

Normally FSI varies according to city and area, In vadodara it is between 2 -3 .

Reference:

http://www.carfree.com/far.html

http://en.wikipedia.org/wiki/Floor_Area_Ratio

Definition Of Carpet Area , Built Up Area , Super Built Up Area

Posted by on May 16, 2010 25 comments

definition of carpet area, built up area, super built up area

It is very important to understand real estate jargon before you do any investment in real estate. I am starting few blog series in order to make you familiar about these words.

In today’s blog I will take definition of different kind of area, Most of time we assume what this mean but it’s really easy to get confused around this.

Carpet Area – The actual area you can use. The area on which ‘you can put a carpet’ in entire house, it includes everything bedroom, kitchen, hall, bathrooms, balcony. It is fairly easy to calculate carpet area for any rectangle room, just measure width and length and multiply them, Let’s take an example, if your master bedroom is of 15 * 13 ,carpet area of this room will be 195 square feet. if it’s not rectangle , divide them in different rectangular part and calculate carpet are of separate section and add them altogether. You can simply download my carpet area calculator excel file and use it.

Builtup Area - This is the area of the apartment that includes the area covered by the walls so it is net area of a flat, including space covered by the wall . Sometimes balcony is considered in Built Up area not in carpet area. As a general rule built up area is around 8% to 10% more than carpet area.

Super built up Area – Super built up Area is most commonly known as Salable area,  Most of time builder deals on this area, so don’t assume that you will get same space within your house which is described by your builder. So it consist built up area + markup for common spaces like lifts and stairs etc. Super built up area is a unique money making concept by builders in apartment complexes.

Covered Area – In general,  Covered area is the actual area under the roof. It is not so widely used.

If you are aware about these term, you can easily calculate carpet area/ built-up area. Please  be sure about which type of area is mentioned before doing any investment. Let us know your real life experience around these words in comments.  Shout in comments if you have been cheating by manipulating words in any proposal to you.

Let me know your comment and any other topic you are interested.