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.

Friday, 13 February 2015

Home, a space of our dreams!

Home. The word evokes memories and aspirations for each one of us. The warmth and joy we experienced as children, thanks to our parents, is something we want to create for our loved ones, our family when we outgrow our childhood and are on the other side of the fence. Buying a home is one of the biggest dream for each one of us, a nest where we rest and immerse ourselves in the myriad of voices of our off-springs and our elders.

We all have a certain picture of a perfect home in our minds. Though we may or may not find an exact replica of what we have in our minds, we do know what we want in a house of our dreams. The most important aspect in a home is space. Next is how that space has been designed and the amenities it offers to its residents. Few guidelines to be kept in mind before buying your dream home;

How big should a house be?

The space that we need to live happily is dictated by our needs and our aspiration. We all want to live in a spacious home; however space comes at a premium. We have to find a balance between the two. Size of a family is obviously a deciding factor. It also depends whether it is a young family or a family of adults, depending on which it is good to think how will the family’s requirement of space will change in the following years. If you are a big family, it makes sense to go for a bigger house. However, the important thing to keep in mind is the built-up area and the carpet area. What are the costs involved? At SG Estates we have created homes to suit every need and with affordable payment schemes.

Important features of a Home

Location is the most important. Depending on the members in a family, each family has its own needs. Is the place well connected to other areas of the city? How far is it from the workplace? Are there schools in the vicinity? Are healthcare facilities readily available? Is there enough greenery and open space available for children to play? The most important factor is the safety for the residents. Rajnagar Extn. Is the largest green belt of NCR, a planned city that has all the features required suiting a modern lifestyle.

Natural light and ventilation are of utmost importance for a healthy living. We at SG Estates have created homes that receive ample of sunlight throughout the day. Homes are well ventilated allowing for a healthy living at affordable costs.

Next, to be considered are the aesthetics and the materials used in a home. We at SG Estates have ensured and created homes that are aesthetically beautiful without compromising on the utility and the quality of the homes.

SG Estates offers both affordability and luxury. Visit our website for detailed information on our completed and ongoing projects.

Tuesday, 2 December 2014

SG Grand: Residential Group Housing Project in Raj Nagar Extn.,affordable yet offers fulfilling HOME options

Modern living has its own challenges. The growing population has created an increased demand in housing and real estate. The awareness of our current environmental situation has forced us to create residential societies which make optimal use of space and are environmental friendly. We cannot afford unplanned cities and housing societies anymore.
The challenge for the Developer is to create homes and residential societies that can sustain the fast paced life of the cities as well as a space which has all the amenities to fulfil the daily needs of the residents. Homes built to make life comfortable and enjoyable at the same time for the inhabitants.
People today want a green and secure environment. The improvement in technology combined with ancient science of vaastu has helped us create luxurious homes without compromising on the functionality of space. Green buildings are in vogue. Planned open spaces with landscaping ensure space available for leisure and relaxation. SG Grand has 70% of open area.
We have planned our residential buildings on the principles of ancient science of vaastu. Buildings that are not blocked rather are built to ensure maximum flow of natural elements for a harmonious living. Landscaped gardens dotted with flower beds create a refreshing ambience. Rajnagar extension has one of the largest green belt situated alongside riven Hindon.

Connectivity -

The need to be well connected to other parts of the city and adjoining areas is of utmost importance and is an important factor influencing buyers of a new home. Situated on NH-58, Raj Nagar Extn. is well connected. The proposed signal free elevated road from UP Gate to Raj Nagar Extn., will make the are area 8-10 minutes away from Delhi The area is easily accessible from Delhi, Vasundhra, Indirapuram, Vaishali, Noida, Greater Noida and Meerut.

Security -

We offer a two tier security with a foolproof fire fighting system in place for each building. Also, we have built earthquake resistant structures for maximum safety of the residents.

Facilities -

We have incorporated features that promote healthy living. Swimming pool with separate kids pool space, gymnasium, club with billiards, cards room and a multipurpose hall. A secured central park and separate kids’ play area. Not to mention 24/7 power back-up and high speed lifts.
SG Grand offers a valuable choice for people who want to buy a home in Raj Nagar Extn. with flats area in the range of 830 sq.ft -1380 sq.ft.

SG Estates has successfully delivered around 500 apartments in its project   SG Impressions 58 and SG Impressions Plus in Raj Nagar Extn. 

Friday, 24 October 2014

This festive season get a step closer to your dream home with SG Estates

It has been years of service. Years of working day and night, saving each and every penny, cutting out on dinner parties and many more luxuries that would lure any ordinary man on earth at least once. All the effort so that one day you could step into your dream home. And bask in the glory of all the hard work you ever did throughout your life. Well, there couldn’t have been a more auspicious time to move into your dream home than the festive month of Dussehra and Diwali. But have you really thought about what allcomforts your dream home would boast of? Let’s see if it covers every point in this checklist.
  • Multi-bedroom: Just try to remember your early days of struggle-right from your bachelor days to considering raising a family. The days when you had to share one room with 2 or 3 strangers. Then finally moving to a bigger home when you decided to settle. But with all rooms being occupied by either relatives or children. And even your bedroom being converted into a store room. Gone are those nightmarish days, as you can now purchase a house with as many bedrooms you want at affordable rates fromSG Estates.
  • Open, green surroundings: Your dream home is surely located amidst natural surroundings, ain’t it? Did I hear ‘never thought about that’? That’s sad. Can’t blame you-after all during your years of struggle, while being sandwiched between stoned walls, smoke and dust, you were badly deprived of nature. Worry not! SG Estate’s recently launched projects in Rajnagar Extension and Vasundhara promise you lot of greenery and natural oxygen which would even compensate for all the suffering you had to bear due to the lack of it.
  • Connectivity: Have to rush to the airport? Getting late for your exam at school? No need to call the cab service. The metro station is just a stone’s throw away-from all of SG Estate’s residential projects. Your home would act as a node in a huge network, well connected with all kinds of public transport to each and every part of Delhi, even the outskirts. So travel to any part of Delhi or NCR-NoidaGhaziabad or Gurgaon-without smoking your car’s engine; while opting for eco friendly transportation and reaching your destination in time. Read more about our compassion towards nature and alike in our CSR initiative.
  • Proximity to infrastructure: Hospital. Parks. Hotels. Club. Garden. Gym. You name it, and we have it around. And even if there are other things you cannot within the society, everything is available within walking distance. That’s how well we have planned out our locations.
  • Security and safety: All our residential complexes contain multiple security facilities, such as well-gated boundaries, 24-hour manual and automated security at the gate and within the society. Plus, safety systems to protect you from accidents and unprecedented disasters.
Well that is just a small impression of the amazingly vast number of facilities we provide each of our residents with. Plus, we have tempting offers for your dream home this festive season. And what’s more? Our festival offers don’t end right after Diwali.
They will carry on for close to a month after Diwali as well, something you’d rarely experience with all builders. And festival or no festival, our hospitality and customer services are available for you 24X7, 365 days of the year. Get in touch with any of our representatives any time you feel like picking up the phone or visiting our office. And make sure you have a look at the Reviews and Complaints sections, so that you enjoy the highest levels of transparency from us as well as other society members.
As Karthik Rajamani, one of our customer-turned-residents says,
So far it has been a pleasant stay here. We want to thank you and the entire SG Estates Team for helping us take possession of apartment in time; guiding us throughout on all the processes and helping us move in without much trouble.
It has indeed been a pleasure knowing and working with everyone on the SG Estates team.
We wish to hear a similar or perhaps a more heart-melting response from you next time. Because all we are here to earn are your esteemed wishes.
Wishing all of you a very Happy Diwali, and a prosperous year ahead!