Month: September 2016
This scenario is credited to the Prime Minister of India, Shri Narendra Modi, who had recently clinched a slew of proposals aimed at enhancing foreign investments in the Indian Real Estate.
Since many years, India has been in limelight when it comes to Foreign Direct Investments (FDI). But now it seems that the real estate will see a tremendous growth in the coming 6 years. The proposed idea of promoting investments and de-stressing on construction sector is mainly for:
- Achieving higher growth rates
- Providing employment opportunities
Moreover, the Real Estate Bill passed by the government bodies, is expected to facilitate monetary benefits in the sector.
Though FDI equity inflows in construction declined by 84 percent during the first nine months, the Bill still facilitates FDI in the Indian Real Estate. Not only this, the major aim of presenting FDI will essentially work towards:
- Accountability and responsibility
- Information in the public domain
- Robust transparency in the sector
Thus, the scenario will work well for both, home buyers and the real estate developers too. The bill will help boost the overall image of Indian real estate that will attract Investments Avenue across the world. Thus, the FDI will step forth in the retail real estate with a big bang!
Looking at the scale of ongoing deals in the Indian Real Estate, PE (Private Equity) players’ investments have marked their footprints into the Indian retail segment. In the first 5 months, the Indian retail has cornered about 8 percent of the total Private Equity (PE) investment. Apart from this, there are some major deals in progress, and if any of these go through, then the year will smash a historic shot as far as PE Investments into retail real estate sector are concerned.
Factors that work in favour of retail and real estate are:
- Improvement in the consumer’s tastes
- Liberalisation of the FDI policy
- Political and economic stability
Thus, the new norms will spruce up the Real Estate Sector with the new proposed FDI policy.
The outlook of Ahmedabad city has changed with the ultimate choice of developing high-end residencies for a fine living. Nowadays, home buyers opt for residencies that serve with utmost comfort and luxury at the same time.
Additionally, with the emerging trends and changing tastes of customers, the dearth of owning quality homes are rising immensely. Be it bungalows or apartments, a few residents live with the agony of having security and privacy issues over the time. Due to this, now most of the home buyers are seeking to own a home that is smartly designed with high-end technology along with urban architectures that ease their lifestyle. So, from now, the home buyers can keep their worries aside as their dream of owning a smart home is here!
Presenting to you a home where you can redefine your lifestyle. A home – fused with high-end technology and smart designs – where you get security like apartments and privacy like bungalows. A home where you find abundant opulence in each corner. A home that will make you experience like living in heaven. Thus, we present you the smartest creation, SUN EVOQ.
Sun EVOQ is an elite residential project, having 18, 4- BHK simplex, duplex and triplex signature residences, located at Sindhu Bhavan road – a model road, which stands first in Ahmedabad having completely wide RCC road with well-connected localities. Etched with advanced technologies and a fine combination of modern minimalist designs and luxurious themes, the smart residences reflect the taste of urban lifestyle. Spanned over 14 floors and 2 wings, Sun EVOQ is the perfect abode giving you the feeling of “YOUR SPACE”. Not only this, the elite residences are built with class-apart amenities, wrapping you in an extravagant lifestyle every day. The smartly designed homes are a sumptuous consolidation of detailed construction and finesse. One of its finest features is that genius loci in design, combining space and unique functionality are visibly empowered by smart technology. Thus, it also reduces environmental impacts, gifting a smarter way of living.
The smart homes are more enticing; in a sense that it facilitates residents with an indoor clubhouse and a temperature control pool to evoke their sense of well-being. Keeping securities concerns at prime, this smart abode has advanced security system available for 24*7 with a Wi-Fi enabled lobby. In fact, Sun EVOQ gives a chance to all home buyers who wish to exceed their all expectations with a living space crafted at utmost finesse.
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