Friday, 17 November 2017

SG Estates Spreads Happiness This Children’s Day

With a motive to spread happiness amongst children, SG Estates celebrated Children's Day at SG Grand project located in Raj Nagar Extention, and SG Oasis project Located in Vasundhara, Ghaziabad. The event was specially organised and dedicated to the kids of the construction workers. SG Estates wanted this childrens day to be special for every child and therefore took this initiative.
Mr. Gaurav Gupta was also a part of the celebration. He attended the program personally with his team and spent some quality time with the kids. The parents of the children also accompanied them and were a part of the celebration. Apart from the excitement and joy, children also gave tribute to the Pandit Jawaharlal Nehru. They were told about how Nehru Ji was not only an eminent figure but also a national leader.
The excitement bar rose when gifts were distributed to the kids by Mr. Gaurav Gupts. Seeing the stationary items like pencil boxes, colour boxes, books and also chocolates came a smile on the faces of the kids.
Everyone had a great time and seeing the little stars happy and shinning the purpose of the celebration was achieved. Every child is special and they all deserve happiness, with the same intention, SG Estates celebrated children's day this year.

About SG Estates:
The company is in the Construction Business for the last 30 years and has its expertise in developing Residential and Commercial Real Estate projects.  Lately company has delivered series of Group Housing projects under the name of SG IMPRESSIONS and made SG Impressions Vasundhara, SG Impressions Dehradun, SG Impressions 58, SG Impressions Plus and SG Homes. All these projects have been successfully developed and delivered. 

SG Alpha Tower and SG Beta Tower are successfully running as iconic commercial projects in Vasundhara, Ghaziabad. Currently company is developing number of Group Housing projects in Vasundhara, Raj Nagar Extn. and Govindpuram namely SG Oasis, SG Grand and SG Benefit.


Thursday, 9 November 2017

North India real-estate witnessed 15% growth this festive season

This festive season has brought cheers on the faces of realty developers. As per the recent reports, North Indian realty sector has witnessed a growth of over 15% in demand. The demand has been spread across commercial & residential projects, both. Also, the demand was also seen in multiple developing zones in North India. Majorly the demand was reported in the NCR region but tier II cities like Mohali, Panipat, Karnal, Dehradun, etc. fared equally well.

Mr. Gaurav Gupta, Director, SG Estates expresses his views on the same - "Budget housing is in major demand for housing units in the price bracket of 30 to 50 lacs. Areas like NH-24, Siddharth Vihar & Rajnagar Extension in Ghaziabad saw a huge upsurge in demand this festive season. With UP- RERA in place, a positive sentiment has come in the market."

The festive season has shown a great boost for the real estate sector and with positive reforms and amendment, the realty sector has a bright future ahead. With customer satisfaction, we get the encouragement to deliver the best every time and SG Estates believes and follows the same.  

The company is in the Construction Business for the last 30 years and has its expertise in developing Residential and Commercial Real Estate projects.  
Lately company has  delivered series of Group Housing projects under the name of SG IMPRESSIONS and made SG Impressions Vasundhara, SG Impressions Dehradun, SG Impressions 58, SG Impressions Plus and SG Homes. All these projects have been successfully developed and delivered. 
SG Alpha Tower and SG Beta Tower are successfully running as iconic commercial projects in Vasundhara, Ghaziabad. Currently company is developing number of Group Housing projects in Vasundhara, Raj Nagar Extn. and Govindpuram namely SG Oasis, SG Grand and SG Benefit. 

Sunday, 10 September 2017

Affordable Housing: What is making people invest their hard-earned money; find out here

The most trending and talked-about affordable housing segment of real estate is now being well received by buyers, developers and various financial institutions. The concept of affordable housing is not new as it has always prevailed in the form of lower income group flats in major cities that have been bringing out extensive employment opportunities. However, the initiatives by private developers for the same came into view in the past 4 years due to various encouraging schemes by the Government of India and slowdown in the sales of mid-segment and upper-segment homes. Various factors like rapid urbanization and increased trend of nuclear families led to the high demand for these low-cost projects.
During 2014 itself, finance minister Arun Jaitley finally showcased major initiatives for the affordable housing segment and assigned Rs 4,000 crore. up from Rs 2,000 crore in 2013. to the National Housing Bank (NHB) in order to give credit to housing finance companies to provide requirements for the urban poor. The government simplified norms for the Foreign Direct Investment, including the revised definition of the affordable housing project. This was done to spur the foreign investment in the housing sector. Also, an announcement from the RBIallowed banks to raise long-term soft funds from the market to finance soft lending for home buyers for up to Rs 50 lakh for property values of up to Rs 65 lakh in the six metropolitan centers: Delhi, Mumbai, Kolkata, Chennai, Bangalore, and Hyderabad. The RBI made it clear that it would also keep a check on the definition of affordable housing.
The year 2015 was another year that focused on boosting the affordable housing implementation. The government realized that an estimated investment of $1.7 trillion was required to meet the housing shortage. The Union Cabinet approved construction of 2 crore houses for the urban poor in all the 4,041 statutory towns and cities of the country. Around 305 cities and towns were identified for building houses for urban poor under the Housing for All schemes. 989 cities and towns in 20 states were identified for affordable housing projects. These initiatives by the government were followed by the signing the MOA by 15 states with the Center agreeing to implement reforms ensuring support to the scheme. Meanwhile, Smart City, AMRUT and other housing missions were all welcomed by the government. Due to the government schemes for housing, various states turned up with the layout plan for affordable housing projects.
The Ministry of HUPA cleared housing schemes for 145 cities in West Bengal, MP, Jharkhand, Odisha, Mizoram, Gujarat, Tamil Nadu, and Telangana. Also, the Cabinet approved the Real Estate (Regulation and Development) Bill, 2016. However, the delay in various affordable housing projects around the nation gave the government a hard time as they became skeptical about the execution of low-cost housing scheme before the deadline.
The Pradhan Mantri Awas Yojana (PMAY) introduced in June 2016 came up with an assurance of quick execution. It introduced projects fitted with solar energy panels at a cost of Rs 253 crore under the scheme in Tamil Nadu. The government sanctioned 81,757 houses for urban poor in 7 states with an investment of Rs.4,076 cr. The Lok Sabha also cleared the Real Estate Bill that was dedicated to bringing the transparency into the real estate sector. The budget also announced several other benefits for the affordable housing segment during the same year.
The year 2017 gave a head start to the newly enacted laws and amendments like the RERA and GST. The Real Estate (Regulation & Development) Act came into action on 1 May 2017. This amendment came into force to ensure transparency in the real estate sector. The ministry of housing and urban poverty alleviation had initially prepared the framework paper on lawfully handling the real estate sector. Model law was then prepared for legislation by states and Union Territories in May 2008. This Act will ask developers to update information about their ongoing and under construction projects on the RERA website. Projects that have not received the completion certificate or are not registered with the regulatory bodies till the end of July would be under the radar.
GST, on the other hand, made the taxation process easier and transparent. According to the industry experts, this amendment in the taxation procedures would give a boost to the affordable housing projects as well. Though there wouldn’t be a direct impact on the affordable housing segment, but transparency about the unscrupulous transactions and the concept of rationalized taxes would attract more home buyers. Financial institutions have taken various initiatives in the form of interest reduction on home loans, that are paving way for the aspirants striving to buy their first home. The enactment of GST has not only made the taxation process easier but has also introduced transparency. These enactments are altogether fostering the market and also encouraging people to invest.
The Author is Mr. Gaurav Gupta Director, SG Estates Ltd.

Source - Financial Express

Monday, 16 January 2017

Is it the Right Time to Buy Property- Gaurav Gupta, Director, SG Estates Ltd.

It has been more than 2 months since our Prime Minister Shri Narendra Modi announced demonetization on 8th November 2016. Amongst the various things and debates about its benefit, Real Estate buyer is coming to be the true winner.

As mentioned in my last article that cost of funds will go down drastically after banks being flushed with funds, we are seeing it actually happening.

The rates have come down to extent of 8.35%, irrespective of the tenure and amount.  Bank of Baroda has gone a step ahead and made the rate linked with the credit score of the home buyer.  This is the best way of rewarding the person who is maintaining the financial discipline.

All the major Housing Loan players like SBI, ICICI, IDBI, HDFC etc have reduced their rate of interest for the Home Loans.  

Not only the EMI will be reduced for the buyers but also their eligibility will increase.
After lull of 2 months, Developers are again back with attractive offers for the home buyers and buyers are again scouting the best deal in the market. The conducive atmosphere is in place where buyers are now feeling confident to go ahead and take the buying decision.

The various doubts of heavy price correction in primary market are also cleared to an extent.
It is no doubt that nearing completion or Ready to Move properties are the first preference of the buyers and there are less takers for projects which are at just start level.

I can say confidently that It is the RIGHT TIME TO BUY AN HOUSE. The value a customer will get now may not get in immediate future as nearing possession or ready to move inventory is getting absorbed and new launches are very few.  
Indian Real Estate is moving towards more maturity with RERA now a reality and prelaunches the thing of the past.
Happy Buying for the Home Buyers.

Gaurav Gupta
SG Estates Ltd.

The company is in the Construction Business for the last 30 years and has its expertise in developing Residential and Commercial Real Estate projects.  
Lately company has  delivered series of Group Housing projects under the name of SG IMPRESSIONS and made SG Impressions Vasundhara, SG Impressions Dehradun, SG Impressions 58, SG Impressions Plus and SG Homes. All these projects have been successfully developed and delivered. 
SG Alpha Tower and SG Beta Tower are successfully running as iconic commercial projects in Vasundhara, Ghaziabad. Currently company is developing number of Group Housing projects in Vasundhara, Raj Nagar Extn. and Govindpuram namely SG Oasis, SG Grand and SG Benefit. 

Monday, 28 November 2016

Demonetisation and its Impact on Real Estate: Gaurav Gupta, Director, SG Estates Ltd.

Demonetisation by our Prime Minister Narendra Modi is one of the boldest decisions taken by Independent India in Last 69 years. This decision will play a crucial role in India’s growth and development in the years to come.

Among the various positives and negatives of Demonetisation, various news articles and reports by experts have emerged that Real Estate will see a massive price correction and people must wait to buy before the price correction occurs.

It is wrong to consider the entire Indian Real Estate as one. Indian Real Estate has various classifications like affordable or luxury; authorized or unauthorized; primary market or secondary market; tier 1 or tier 2 or tier 3 cities; agriculture land or urban land; end user market or investor market etc.
It is important to consider certain facts before accepting or rejecting something on the face of it.

In primary market (where buyer buys directly from the builder or colonizer or authority), mostly the purchasers are end users who are buying property to make it their home or as an asset class to hold it for long term. This holds true in todays scenario because investors are absent from market since almost 3 years due to market being stable.

End user market is growing on back of Home Loans availability. Buyers pay 10-20% margin money and take the balance Home Loan to fund their purchase.
Due to Demonetisation banks are expected to get deposits of approx. 10 Lacs Crore as per the estimate of the Government and with this kind of liquidity and cost of funds going down for the banks, the rate of interest of Housing Loan will most probably go down. This will not only result in lower EMI but also increased Loan Eligibility for an actual Home Purchaser.
From the past experience when the Home Loan rate of Interest was in range of 7.5-8%, the Indian Real Estate had seen the maximum growth and boom.
Banks have already reduced their deposit rates.
Hence we can infer that with demonetisation and banks reducing their rate of Interest, primary real estate market will in most probability  grow and demand will increase in end user driven markets.

This hold more true for affordable home segment market for areas like Raj Nagar Extn. Ghaziabad, Noida Extn., Bhiwadi, Faridabad where home purchasers are mostly the first time purchasers and property cost is below 50 lacs.

Already the government rules did not permit to take cash more than Rs.20,000=00 in the property transaction. Hence the cash component was almost negligible in the primary affordable home segments.

Demonetisation will definitely impact unauthorized construction, secondary market sales where some component of cash might be present and with less cash liquidity in hand, they will also move towards complete cashless mechanism.

Real Estate industry contributes more than 7% to India’s GDP and supports more than 360 ancillary industries and is the second largest employer after agriculture in India.

In the longer run, we will have more tax payers and increased tax revenue for the government which might result in lower taxation as a whole.

All the developed economies in the world are cashless economies and day is not far when India will be counted amongst the Developed Countries.

Gaurav Gupta

Saturday, 17 October 2015

What makes Vasundhara a preferred Housing Destination: Gaurav Gupta, Director, SG Estates Ltd.

Vasundhara is a sub city planned by UP Aavas and Vikas Parishad and it is surrounded by colonies developed by GDA like Vaishali, Kaushambi and Indirapuram.

Unlike areas developed by GDA, Vasundhara has wide roads, more concentration on plotted development and few Multistoried Group Housing Apartments. It has fully developed infrastructure like Sewerage, drainage system, electricity substations, water lines etc. It has provision of direct Ganga Water Supply.

Vasundhara being part of Ghaziabad has multiple connectivity options with Delhi. Nearest Metro station is Vaishali Metro Station, which is at a distance of 500 meters from Sector 19. It is at a few minutes distance away from Noida, another buzzing town of Uttar Pradesh. Work has also started on extension of Dilshad  Garden Metro line to New Bus Stand in Ghaziabad which will also provide connectivity to one more Metro line to Vasundhara Residents.

Many reputed schools like Jaipuria, DPS, Amity, Amity International, Springfield Schools are in Vasundhara and various local shopping markets are fully developed.  Medical Facilities like nursing homes, hospitals and labs are operational in Vasundhara and there are also various entertainment hubs.

Density of population in Vasundhara is controlled and it is not densely populated due to more of plotted development than Group Housing Apartments.

Vasundhara is also reasonably priced than Kaushambi, Vaishali, and Indirapuram.
For example in the projects developed by SG Estates Ltd., 2 BHK is priced at approximately 45 Lacs in SG Oasis in sector 2B Vasundhara and around 55 Lacs in SG Homes in sector 3 Vasundhara. The price for similar flat in Indirapuram is around 60-65 lacs.

SG Oasis in under construction and possession in expected in 2 years whereas SG Homes is ready to move in in Phase 1 and Phase 2 will be delivered in 2 months time.

In addition to various residential options Vasundhara also has various retail and office Towers in the price range of 6000-7500 per sq.

SG Estates has developed SG Alpha Tower in Sector 9, which is a complete office tower and SG Beta Tower in Sector 3, which is a combination of Shops and Office space format.

About SG Projects:


SG Grand in Raj Nagar Extn. SG Homes in Vasundhara, SG Oasis in Vasundhara and SG Benefit in Govindpuram

SG Impressions58, SG Impressions Plus in Raj Nagar Extn, SG Impressions, SG Alpha Tower, SG Beta Tower in Vasundhara.  

Gaurav Gupta

Thursday, 23 July 2015

Why Raj Nagar Extension ?- Vision & Action

• Nature of development is planned & as per the GDA master plan 2021.

• Option to choose from Under Construction to Ready to Move Apartments 

• Work on Zonal Plan Roads and STP in full progress by GDA.

• Right mix of Residential , Commercial & Institutional area development. 

• Happily Living around 7000 Families in Raj Nagar extension.

• Many Schools like GD Goenka, DPS, Parivartan already operational in Raj Nagar Extn.

• Dedicated Malls in Raj Nagar Extn will be operational soon. 

• Multiple connectivity options from Delhi. • Ideal & Planned Development of NCR. 

• Freehold land development. 

• Raj Nagar Ext. the geography itself a big reason to choose as a location, been closed to East/Central Delhi, Ghaziabad city & the Electronic   city- Noida. 

• Under construction & Extension of Delhi Metro (RED Line) to Ghaziabad New Bus depot via Mohan Nagar/NH58, 8 Metro station on 9.8 Km Metro Route. 

• Under construction Hindan Elevated Road from Raj Nagar extension Entry to /Ghazipur Delhi Border/NH24,Parellel to Hindan-Ganga Canal, access controlled 4 LANE development, expected operational by Late 2016 or Early 2017, Once it is ready travel time to Delhi will be reduced by 1/3 from the current. 

• Under construction 3.8 KM /70 Mt wide Link Road between NH58 To NH24, Probably it will be ready next 6-8 months from now, once it is operational for public, then Noida & its Institutional/Commercial Sector 57 to 68 will be only around 6 KM from Raj Nagar extension Entry.

• Around 100 acres green /recreation zone/man made forest with Water lake/bodies ( one of the largest green zone, By GDA ) only minutes away. 

Monday, 23 February 2015

HAPPY STREET” in Raj Nagar Extn: Gaurav Gupta, SG Estates Ltd.

Raj Nagar Extn. Developers Association in collaboration with Navbharat Times has organized “Happy Street” IN RNE spread over six weekends starting from 15th February 2015. It is popular in Delhi, Mumbai, Gurgaon in the name of Raahgiri and is loved equally by all age groups from a child to senior citizen.

It is an event of the people, for the people and by the people where the roads are blocked and reserved for fun activities like cycling, skating, zoomba dance, rock band, race etc.  It is all spread over 3 hours from 7 AM to 10 AM where in people feel the freedom of the area and have fun with families, friends and their own self.

People are also enjoying the City Forest spread over more than 100 acres adjoining Raj Nagar Extn. City forest is a new initiative of GDA in addition to two new infrastructure projects namely Elevated Road from UP Gate to RNE and Metro in Raj Nagar Extn. (On Hindon River cut). The construction on both the infrastructural projects has started.

This event was brought to the area by Raj Nagar Extn. Developers association. Raj Nagar Extn. Developers association sponsored this event as part of its responsibility towards the citizens/residents of the area and to bring forth the same fun that is popular in all the metros now. Raj Nagar Extn. Developers association has played a very active role in the development of the area from its beginning.

Happy Street is being actively attended not only by the residents of the Raj Nagar Extn but also from residents of nearby areas like Kavi Nagar, Raj Nagar, Vasundhara, Indirapuram etc. 

Entire administration of Ghaziabad like Nagar Nigam, Police, Ghaziabad Development Authority has played an active role in organizing this event.

SG Estates Ltd. is an active member of the Raj Nagar Extn. Developers association and actively involved in the development of the area.

SG Estates has already delivered two projects in Raj Nagar Extn. namely SG Impressions 58 (comprising of Tower A, Ivory Tower and Indigo Tower) and SG Impressions Plus comprising of more than 500 apartments.  Both the projects are occupied are equipped with modern facilities.

SG Grand is under construction and is spread over 5 Acres. SG Grand is strategically located in Raj Nagar Extn. and has options of 2/3/4 BHK apartments.

Gaurav Gupta

Friday, 20 February 2015

List of the top myths about Real Estate and how to debunk them

We all want to live our dreams. Owning a home is one of the biggest dreams for each one of us. We may agree with the social norms or might have broken away from them, yet we all need a roof over our heads, a space which we can call our own, a space where we can keep our family happy and safe. Real Estate offers means to fulfil our dreams. However, whenever we talk Real Estate, we have people talking about their experiences, some good and some not so good. This does create doubts in the minds of a new home buyer, however, the myths and apprehensions surrounding Real Estate should not stop anyone from fulfilling their dream of buying a new home.

The most common myth

YOU NEED A LOT OF SAVINGS TO BUY A NEW HOME! Well, the amount of competition in Real Estate in India has lead to creation of homes catering to each segment of the society. Also, the pricing too has become highly competitive. No developer would like to lose a customer. They have invested huge amounts and are eager to earn profits for themselves as well as their investors. In today’s competitive market, developers have tied-up with banks and have come up with attractive payment schemes. Some will offer to buy a home by paying only 10%-15% of the cost of a home and paying the rest only on possession.

Along with that, the easy loan disbursement policy of various banks will help you to find the necessary funds as well as save on taxes. With most of the developers showcasing their products online, you can compare all the available properties fulfilling your requirements and even compare loan products online.

Buying a home is a HIGH RISK investment!

Nothing can be further from the truth. Any type of investment, shares,bonds,mutual funds, bank deposits, each have their own risks associated with them. Nothing comes risk free. You can only remain informed about the risks involved and use caution to invest your money wisely. Real Estate investment is rather low risk investment that has allowed people to gain profits. The stakes are always high in real estate but with an unmatched assurity of return.


The other deterrent for most home buyers is the locality of an upcoming project. If it is situated in the suburbs, most people feel that the area might remain underdeveloped or inaccessible. The development of the adjoining cities, especially in NCR have broken this myth. Cities like Noida and Gurgaon have led by example on developing planned cities in India. The other glaring truth is that the developed cities do not have room for further development.

Malls, office spaces and recreational areas need space, which currently the suburbs offer to the developers. The housing societies not only offer residential homes but also develop a complete city with schools, hospitals, markets and malls, to cater to the requirements of the residents. Moreover, with stringent government laws, developers today are more focussed on developing green buildings that provide a holistic lifestyle.

For now we are focussing only on these two main aspects, if you have any other queries or apprehensions, write to us at . We will be more than happy to help you find the right home.