The Financial Capital of India is a hot favorite destinations for MNC's, Banks and various other companies which accommodates high quality of office space in India.  Mumbai being an island city has limited Central Business Districts and it becomes easier at times to make a choice considering the few options you have. Mumbai is well connected by Local Trains and an extensive network of BEST which runs the local buses in Mumbai. Office spaces in the past 2 qtrs in Mumbai till August 2006 have increased steeply. The pressure is on A quality Commercial Corporate office complexes with little availability left

With our Local Expertise, Network and a Good 15 Years Experience in the Mumbai Real Estate Market, we are able to provide you with Comprehensive Services for finding a New Office space suiting your requirements or either upgrading you to a Larger Office Premises across Mumbai, Thane and Navi Mumbai.

Mumbai has been a favorite for many Foreign & Multinational Companies setting up their offices/operations here. Its diversified and cosmopolitan culture, professional attitude and responsibility in the corporate world sets itself away from a lot of its Metro competitors all across Asia Pacific.

Mumbai being an Island City has its own Central Business Districts  and over the years these (CBD's) have spilled over in many new areas stretching down till far suburbs.

The emergence of the New age businesses of IT, ITes and BPO Companies there has been a huge demand for large office space/commercial complexes and the same are pretty much seen in s like Malad, Goregaon, Andheri East, Powai, Navi Mumbai and Thane.

A lot of Companies to commence operations will surely look at a lease transaction for 5 to 9 years, but with increased volatility in the leasing market, a lot of Large Companies are looking for an option to Buy out Commercial Real Estate in Mumbai. The most important reason is the appreciation in the Capital Values of Real Estate in Prime CBD's.

Please feel free to mail us or send us a query on Info@zameen-zaidad.com for a Complete Synopsis on the Commercial Property Market and an overview which will enable to you to decide on your next move.

Most of the Large Companies, Banks, Government Bodies, Semi Government Bodies, MNCs, Institutions, IT, BPO Companies, Ad agencies, Consulting Firms, Media Companies have their presence in the following across Mumbai which are considered as Prime Business s or CBD's.

If you are considering to buy land in India, you are about to make one of the best property related decisions, you have ever made. Whether as an investment, for business or other ventures, buying land here is sure to give you good returns as India is fast emerging as a lucrative property market. Find land of various sizes, at competitive prices - commercial land, agricultural land, land for schools, factories, industries, hospitals or resorts, land for houses, shopping arcades and more.

The most coveted land to buy in India includes land in the outskirts of bigger cities, in smaller town and in rural areas. Finding land to buy in the bigger cities such as Mumbai, Kolkata, Chennai, New Delhi or Bangalore, is a rare possibility as these cities are filled up to the brim. And even if you do find some, a small piece of land may cost you a fortune. Which is why, wise investors have now started to move to the city outskirt. You can avail of all facilitates of the city and yet buy huge sized land in India at much lesser price. How about buying hundred acres of land near Chandigarh for $1,000,000!

Another option is to look at the smaller cities and towns such as Coimbatore, Bhopal, Jaipur, Visakhapatnam and the like. Here you can buy land and use it for building profitable commercial or business ventures. If you are looking at investing in farmland, agricultural land, industrial premises or factories, rural areas provide you large sizes of lands at very cheap rates. If on the other hand, you are looking for land to earn from tourism, buy land in coastal Kerala, Goa, or hilly terrains in Maharashtra, Northern India and the North East India. Resorts or adventure camps aimed at tourists in these areas are sure to generate great revenue. So you can now seriously consider buying an acre of land in Kovalam, Kerala for 70,000 Pounds!

India is a keen competitor in the global land property market for the variety of land it can offer, the variable sizes and the attractive prices. Whether you are planning to set up a school, resort or a factory, you can buy exactly the piece of land that may be in your mind. Be careful however, not to trust the first real estate agent you may come across. Read, enquire and only then buy land in India.

Ansal Properties & Infrastructure Ltd, a leading Indian real estate developer, has announced that the Company has signed two Agreements with IL&FS Investment Managers (IIML), the private equity arm of IL&FS to develop two Projects of Township and IT SEZ in Gurgaon, Haryana.  The agreement was singed in Mumbai by Mr.Pranav Ansal, Director, Ansal API with IILM.

These Projects, the Township and IT SEZ, in Gurgaon, will be constructed spreading over 11 million sq. ft of office, residential and office space at an investment of approx. USD 125 Mn. These Projects are expected to have a turnover of exceeding USD 1 billion over the next 5 to 6 years.

Speaking at the occasion, Mr. Pranav Ansal, Director Ansal API said, "We are extremely delighted to sign this landmark agreement with IIML. This is yet another feather in our cap and will be amongst our landmark projects in the NCR region. We expect this project to finish in next 6 years. With Gurgaon growing as an important destination for business especially IT, we expect a very good response for the project".

Courtesy :  INRnews Correspondent Dated:  20/08/07

Ansal Housing & Construction Ltd has announced that the Company has performed Bhoomipujan of "Ansal Town" at Karnal (Haryana) August 19, 2007. This marks the beginning of construction of fully equipped Residential Project that integrates state-of-art lifestyle with world-class features.

The project turnover is approximately Rs 250 crores.

"Ansal Town", Karnal (Haryana) is spread over approx 98 acres. The Integrated Township is strategically located near the National Highway - 1. "Ansal Town", Karnal is 125 kms from National Capital (Delhi) and 125 kms from State Capital (Chandigarh).

'Ansal Town' Karnal will have amenities like Jogging track, Commercial properties & Shop-cum-Office complex. Community Centre with swimming pool & gymnasium, High School, Primary School & Nursery School and Dispensary etc. The Project is expected to be completed in 2 years from the date of commencement of work.

Courtesy :  INRnews Correspondent Dated:  20/08/07

In Delhi & Gurgaon, both rental and capital values for commercial property have been on an upswing. The demand situation is strong with almost all grade A buildings occupied and those under construction already leased. While demand for commercial space in Delhi is high, supply is limited since the supply of commercial land depends on auctions by DDA which are held infrequently.

Commercial property is becoming a real alternative to investment in residential real estate. In addition to capital appreciation, commercial property offers higher rental yields of typically 8-10% compared to residential yields of 4-5%.

In Connaught Place and south Delhi is one of rising rentals and near-zero vacancy In CP monthly rental rates range from Rs 100 to Rs 150 per sq ft while vacancy level is less than 5 per cent.

Office space is being developed in the city in areas such as Saket & Jasola by developers such as DLF, Unitech, and others. In Saket capital prices which were around Rs 5,000 per sq ft a year ago have now touched Rs 13,000. In Jasola only six months ago the price was Rs 4,500-5,000; today it is Rs 12,000 per sq ft and above. In Saketr rentals start from Rs 110 per sq ft. In Jasola, rates could touch Rs 150 per sq ft by end of the year.

Meanwhile Gurgaon continues to be an attractive destination for office space development driven by availability of large floor spaces, lower rentals than the city, proximity to the airport and a residential infrastructure for staff needs. Of the total 6.37 million sq ft space that will be absorbed in the NCR in 2006, Gurgaon will account for 4.16 million (65 per cent).

Within DLF Cyber City rentals are Rs 35 per sq ft, up from Rs 30 per sq ft last year. On MG Road, the rental rate has risen to over Rs 70 per sq ft. On Golf Course Road, the rental rate is Rs 45 per sq ft.

Noida is emerging as an IT-ITES hub with several campus style developments including Adobe, Cadence and Wipro. Rentals here range from Rs 35-40 per sq ft. In Noida, developers mostly develop built-to-suit (BTS) spaces for corporates. (Expressestates.in)

Courtesy :  INRnews Correspondent Dated:  16/08/07

Find different types of property of varying sizes, all over India. The most coveted property for sale in India includes land in the outskirts of bigger cities, in smaller town and in rural areas. Buy property in India to build profitable commercial or business ventures. If you are looking at investing in farmland, agricultural land, industrial premises or factories, rural areas provide you large sizes of lands at cheap rates.

India is a fast growing economy, with a booming real estate market.  To make the most of property in India, visit our website http://www.zameen-zaidad.com/ . Update yourself. Which is India? Packed with hundreds of pages of in useful information and expert views on a variety of Indian real estate issues. Learn everything about properties in India for sale, buying, selling, renting and leasing out. Zameen-zaidad.com gives you the best listings of Indian property sale, property sites and information on Indian real estate research, consultancy, agency, project and property management services for all asset types. Find also latest hot property in India, which you can buy at amazing prices.

Rent a house or office, buy or sell house, apartment or commercial property - the options in Indian real estate are plenty. When you invest in property in India, rest assured that you are making a wise decision and only zameen-zaidad.com you all input, which can help you make the right choice.  

India is a promising investment option for investors. Indian real estate sale market includes lands, land services, commercial real estate to residential property. Invest in commercial offices, hotels, guesthouses, resorts, bungalows, flats, offices, shops.

Invest in a profitable business venture in India's commercial capital Mumbai, or other metros such as Chennai, Kolkata or Bangalore. Set up an office or a residential complex in smaller cities such as Indore, Jaipur, Ahmedabad or Coimbatore. Make revenue from tourism by investing in hotels, guesthouses or resorts in Kochi or Goa. Buy a magnificent villa in Kodaikanal or Mahabaleshwar. Property in India gives you such diversity! It is not without reason that property in India has emerged as a keen competitor in the global Indian real estate market. Whatever you may be looking for - seaside residential complexes, hillside retreats, bungalows, farmlands, agricultural lands, or apartments in bustling cities - find it all in magnificent India.

India is a promising investment option for investors. It is a favorable market and Indian property sale market includes everything from lands, land services, commercial real estate to residential property. Invest in commercial offices, hotels, guesthouses, resorts, bungalows, flats, offices, shops, industrial premises, malls and more, in any part of the country. Or if you are looking at investing in lands, you can invest in commercial land, agricultural land, land for schools, hospitals or resorts, land for houses, shopping malls and more.

http://www.zameen-zaidad.com/ a well reputed website provides you some basic parameters which one must adhere to before buying any immovable property. To buy an immovable property is not a child's play as it involves so many aspects which need through verification before finalizing a deal. First of all a buyer must check about the clear title of the property in whose name the authentic documents exist. Check the size of the plot/flat, its number and surrounded by specific adjoining properties, roads or streets etc.

Next to the above, one has to check that how many hands a particular property have changed. Suppose a property has been sold 3 or 4 times in such an eventuality, arrange the papers of the property firstly present (last) buyer then its previous buyer and so on and the documents of the original owner/buyer are placed at the bottom in a proper sequence. In case, 2^nd or 3^rd party's documents are missing and are not in sequence, then the documents are faulty. Until or unless the present owner (last buyer) is not able to produce the party-wise complete documents in a proper sequence, drop the  deal as the documents are faulty and one may be in trouble if deal is finalised.

If the documents are in proper sequence, one may go ahead for negotiating the rates according to one's own budget. But here again in case of builder properties/flats/houses, one must ensure to visit builder's past projects with regard to construction and quality materials of used as well as got statutory clearance from all concerned authorities i.e. from pollution department, MCD, DDA, Fire deptt. and approval from town planner with regard to construction strictly as per approved plan including storeys. As such, after adhering to the above few basic parameters one may go ahead in finalising deal in consultation with a property consultant of your choice working in the areas who must also be aware of all the pros and cons of such properties. So for purchasing a property in a hassle free manner at reasonable rates and face to face transparent transaction please visit our well established website: http://www.zameen-zaidad.com/.

Interestingly, according to a recent survey from property consultant CB Richard Ellis (CBRE), New Delhi's Connaught Place and Mumbai's premier business district Nariman Point are among the top ten most expensive commercial property s in the world.

According to the CBRE survey, Mumbai is at fifth place in the world's most expensive cities with an occupation cost of $138.41 per sq. ft. per annum while the national capital ranks seven with cost of $116.19.

According to the survey, the two most expensive commercial property markets were both in London - West End at $241.22 per sq ft per annum and City of London at $165.72. The next two were in Tokyo, Inner Central at $162.09 and Outer Five Wards at $143.52.

Midtown Manhattan was the priciest market in North America; at $69.44 per sq ft per annum, it was ranked at No. 21 worldwide. In other words, setting up an office in the Big Apple is cheaper than doing so in Connaught Place or Nariman Point. An earlier global study had placed Khan Market in Delhi as the costliest commercial properties, while another recent report said residential properties & rents in Mumbai were seventh highest in the world.

The survey done by real estate consultant CB Richard Ellis, which tracks the world's most expensive markets as well as markets with the fastest growing rents over the past 12 months, found that in terms of growth, Delhi ranked second with year-over-year rent growth of 79 percent. Only at Abu Dhabi did rentals grow at a faster pace (103 percent) over the past year. Singapore ranked fifth with a 54 percent increase and Mumbai sixth having experienced 45 percent rent growth over the last 12 months.

In fact many South Asian markets were placed among the top 50 markets with fastest growing rents, including three in the top 10.

In North America, Edmonton in Canada saw rents growing the fastest at 60 percent. Downtown New York ranked tenth with rents increasing 43 percent.

Of the 176 office markets monitored across the world, 90 percent showed positive growth in the 12 months to the first quarter of 2007. Singapore rose from the 43rd spot to the 24th in the most expensive market places list. In the Pacific region, Sydney was the only market that made it to the top 50, coming in at 44th.

"Having the second fastest rental increase in the world during the past one year is not a matter to be proud of. It clearly indicates a severe lack of supply as far as office space in Delhi goes. This will be a deterrent in attracting investments to the city," Richard Ellis (South Asia) managing director, Anshuman Magazine said.

India's booming economy - considered to be world's second fastest growing - has pushed up the price of prime commercial properties in Mumbai and New Delhi ranking them among the top ten most expensive Asian office s, according to a latest survey by global realty consultant DTZ.

Mumbai with occupancy costs of $11,400 per annum per workstation ranks fourth in the Asia Pacific region while Delhi is at eighth place having an occupancy cost of $8,150, DTZ said in a release.

In the global rankings, both Mumbai and Delhi have risen, occupying 18th and 51st positions respectively (27th and 56th in 2006). London (west end), Hong Kong and Paris occupy top three positions globally.

In Asia, Hong Kong once again recorded the highest level of occupancy costs in Asia Pacific ($19,730 per workstation per annum). It was closely followed by Tokyo (Central 5 wards) and Seoul at second and third positions at $13,470 and $12,470 respectively.

"Mumbai and Delhi have risen through the global ranks and currently occupy 18th and 51st position respectively by virtue of the expanding real estate India market and the booming IT/ITES sector," DTZ said.

Other cities from India featuring on the global list of DTZ survey are Bangalore and Chennai at 117th and 123rd positions respectively.

"Chennai, Mumbai and New Delhi have experienced one of the largest increase in occupancy cost in Asia Pacific in 2007 survey with year-on-year growth of 37 percent, 34 percent and 23 percent respectively," DTZ India managing director Ankur Srivastava said.