SG Estates Wishing You All a Marry Christmas..

Breather for Real Estate Industry at last of 2013: Gaurav Gupta, Director, SG Estates Ltd.

2013 has been a tough year for Real Estate Industry at large which not only saw falling demand due to negative economic sentiment and high rate of interest but also saw passage of land acquisition bill and draft formulation of real estate regulatory bill. The intent of both the bills is good but some provisions need to b modified like in LARR, private sector should be kept out from its ambit as deals are done at market rates and in Real Estate Regulatory bill, sanctioning authorities should also come in its purview, so to make them accountable for delays, if any. Only then the intent of bill will truly be achieved.
Housing loan rate of interest plays a major role in determining the demand in real estate sector and with continuous increases, it had created havoc. With inflation at its peak, industry was expecting another hike from RBI side in its December 2013 monetary review policy but Honorable Governor of RBI, Shri Raghuram Govind Rajan surprised the industry by keeping the rates un changed. This has sent a very positive signal to the industry at large and banks like HDFC, SBI, ICICI immediately responded by lowering the rate of interest. This has also sent a signal to the home buyers that probably the era of increasing rates has come to an end and the journey forward will see the downward movement of the rate of interest, provided of course that inflation remains in control. Rate of interest not only brings down the EMI but also increases the eligibility of the perspective home buyer.
Also SEBI is moving forward in bringing the Real Estate Investment Trusts, popularly known as REITs in reality. This will bring the much required liquidity in the commercial Real Estate Sector.
We hope that this trend of positive news continues to bring cheer to the real estate industry and keep the growth going. If Real Estate grows, so does the economy as real estate supports around 300 ancillary industries and is the second largest employer in India after the agriculture. 

Painting Workshop and Competition organized at SG Impressions Plus, Raj Nagar Extn.,on 01-Dec-2013): SG Estates Ltd.

On 1^st December 2013, a Drawing & painting workshop and competition was organized for children of residents of SG Impressions Plus NH-58, in collaboration with Art Worx, Ghaziabad by Team SG and 34 children in the age group of 4-15 years participated.

Mr. Anupam Dixit, Director from Artworx first briefed children, for 2 hours on Fundamentals Of Arts and drawing followed by competition was organized in 2 age groups.
Creativity and passion shown by children with their whole hearted participation was unimaginable.
Top winner in the age group 10 -15 Years was Shreya Ghosh (Flat No. 902) followed by Prarthana(Flat No. 301) and Udisha Tyagi (Flat No. 508) in 2^nd and 3^rd position.

Top winner in the age group 4-10 Years was Ishika Garg(Flat No. 111) followed by Tejal chauhan (Flat No. 407) and Vaidehi Agarwal (Flat No. 612) in 2^nd and 3^rd position.

Attractive Prizes were given to the winners by Mr. Gaurav Gupta,Director of SG Estates Ltd who also felicitated Participants and thanked organizers and Team SG for their active coordination.

Residents/ Parents of the participants were overwhelmed by the event organized by SG Estates Limited and thanked the Director with a request to organize such events on regular basis. 

Internet as a tool in buying our Dream Home: Ankur Agarwal, SG Estates Ltd

Today there is hardly anything which is not touched by Internet bug or to be precise from GOOGLE.Internet has become a first hand tool to find information on anything that comes to mind be it electronic gadgets/banking/education /homes/commercial properties etc. It not only helps 

in getting the first hand information on anything we require but also helps in forming Zeroth Impression (initial impression- before first impression because first impression is formed after 

seeing the product)of the product we want to buy even before we have stepped out of home. 

The same is true for real estate sector as well.  In earlier times when one wished to buy their dream home or thought about making investments,first hand tool was to enquire from friends or relatives for trusted\good Developers and various available options. Significant leg work was required just to know what all options are available in a given budget and given locality. 

But now things have changed.All such information is available at click of mouse either via developer websites (www.sgestates.in for SG Estates Ltd.) or google search or on various property portals like 99acres or magicbricks. These portals not only have property listings but also offer different search option with various filters like price range, property type, cities, builders, brokers, direct owners. Here listings are not only done by property brokers but by various developers also who have showcased their projects on them. We at SG Estates Ltd are also present on 99acres and magicbricks. First hand information can easily be grasped from them.

Also like other products reviews on various areas/localities are also available for a person to make comparison. Various TV channels have also started posting their property episodes on the youtube which can act as a guide for the buyers to get information. 

“We at SG Estates Ltd have made our website www.sgestates.in very much informative for our 

existing and prospective buyers who can get all information about us and our projects sitting at 

home. Regular construction updates are posted under the respective project head and also regular updates like various articles, marketing campaigns, etc are updated regularly” says Gaurav 

Gupta, Director, SG Estates Ltd.

One can also see and download information about any residential\commercial projects as they 

are easily available developers’ website, enquire about it by filling online form and also can chat live to know it without calling a people via landline or mobile.

 Internet has given a huge power to people to know about the things by sitting at one’s Place.

All the information may not be 100% correct but major idea can be obtained. Real Estate however is all about location, final decision on buying must be taken only after visiting the site and project physically. 

Ankur Agarwal

Sr. Manager(Marketing)

SG Estates Ltd.

Should we do one big Real Estate Investment or break it into parts: Gaurav Gupta, Director, SG Estates Ltd.

India is a country with increasing population and it is currently seeing unprecedented growth in urbanization which is resulting in increased demand for Houses and sustained demand is leading to sustained growth in Real Estate Values. Real Estate has been a preferred choice of investment and as per one survey youth is preferring real estate over gold and stocks as an investment option. There is hardly any household which is not affected by the bug of Real Estate Investment. Talks on real estate can be heard everywhere from parks to parties. One major question that crosses many people mind who are putting money for pure investment is whether to put all money in buying one property or put that money in parts by buying multiple properties.
Experience shows return on investment in Real Estate is maximum if investment is made at just launch projects and diminishes as the project progresses and reaches completion. Choosing one Developer as against multiple developers is suggested because to crack the best deal .  Of course, it has to be ensured that Company / Developer is chosen, who are known for their commitment and timely delivery. Every care to be taken that person is not trapped with Company/Developer whose track record of Delivery of project is not sound.  

Supposedly a person has Rs.1.5 crore to invest and he is looking to invest in Ghaziabad. He may buy a flat of 2430 sq.ft. In SG Homes in Vasundhara or buy 3 units in SG Grand in Raj Nagar Extn. with average size of 930 sq.ft. And one unit in SG Homes in Vasundhara of 1000 sq.ft.

I personally believe that investing in parts in small properties  has major advantages over putting the entire money in single property. Small properties have more demand because they fit easily in the budget of the first time home buyers (segment which is driving the sales in Ghaziabad region) and are generally sold faster due to the small ticket size/actual users. Also if a portion of money is required to be sold to  meet some expenses, then one of the various properties can be sold rather than liquidating the entire investment.  Investing in 3-4 properties also safeguards against the market forces viz. in case  some property doesn't appreciate as per anticipated return, then other have a chance to compensate for the same. A person can also choose to invest in both residential and commercial real estate if he choose to invest in parts. Buying a single property is like putting all the eggs in a single basket which may turn to be risky.

Gaurav Gupta
SG Estates Ltd.
(Note: Example of projects of SG Estates Ltd. have been taken for reference purpose only and figures quoted are example and not the actual prices)

SG Estates soon coming up with a new Residential Project in Vasundhara, Ghaziabad

After the successful delivery of 3 projects in Vasundhara and tremendous response for SG Homes in Vasundhra, SG Estates is soon coming up with a new residential project "SG Oasis" in Vasundhara Ghaziabad. It will have 2/3 BHK apartments ranging from 1000 sq.ft. To 1800 sq.ft. Equipped with all modern amenities. It is proposed to have air conditioned GYM with multi purpose hall. It has received tremendous response from the existing customers of SG Estates Ltd.

SBI's STEP TO BOOST REALTY IN RAJ NAGAR EXTN: Gaurav Gupta, Director, SG Estates Ltd

SBI recently opened branch in  SG Impressions Plus in raj nagar extn organised a property exhibition cum loan mela and had recieved tremendous response from people whovisited there.The event was a grand success for Rajnagar Extension Projects. In Future this kind of events will be continue which gives oppurtunity to the peoples to come and know about the reputed builder projects under a one roof which helps them to take right decision to buy their dream homes and to keep there investment safe in safe hands.

SG Estates also got a huge response for there currently running festival offer scheme which is assured gift for SG GRAND in rajnagar extension and also got good response for up coming project in vasundhara ghaziabad, said Gaurav Gupta

SG Estates Ltd.SG Oasis 2,3 BHK Residential Apartments Coming Soon in Vasundhara Sector-2B Ghaziabad

SG Oasis Project Features-

ØPlot on 45 mtr wide road with no high rise building on 3 sides

Ø3 side open plot that allows proper ventilation and natural light

ØFully loaded AC gym

ØClub & Indoor Games(table tennis and billiards).

ØMultipurpose hall for meditation, yoga and gatherings
ØPower BackUp(24*7)
ØAmple Parking Space

ØConvenient market centre

}Fully developed infrastructure – Power, Roads, Sewerage, Public Transportation, Parks, Commercial Markets, Renowned Hospitals and Schools within 3 km radius

}Freehold Land

}Option of 2 and 3 BHK Apartments (1000-1800 sq.ft.) 

For More Details Contact -9999008503

SG Estates Ltd. wishing you all a Happy Dusshera

Painting Workshop and Competition organized at SG Impressions 58, Raj Nagar Extn.,on Gandhi Jayanti (2013): SG Estates Ltd.

On 2nd October 2013, a painting workshop and competition was organized for children of residents of SG Impressions 58, in collaboration with Art Worx, Ghaziabad by Team SG . 45 children in the age group of 4-15 years participated.
Mr. Anupam Dixit, Director with his Wife (an expert in origami) from Artworx first briefed for 90 minutes on Fundamentals Of Arts and Origami (Japanese Art of Paper Founding).There after competition was organized in 2 age groups.
Creativity and passion shown by children with their whole hearted participation was unimaginable.
Top winner in the age group 10 -15 Years was Anshika Jain(Flat No. 501) followed by Harshit Tyagi(Flat No. 308) and Pulkit(Flat No.
1014) in 2nd

Top winner in the age group 4-10 Years was Palak Asthana(Flat No. 102) followed by Priyanshi (Flat No. 904) and Ibrat Jahan (Flat No. 1001) in 2nd
Attractive Prizes were given to the winners by Mr. Gaurav Gupta;Director of SG Estates Ltd who also felicitated Participants and thanked organizers and Team SG for their active coordination.

SG Estates Ltd - Festival Bonanza Great Offerings For Limited Time Period.

We at SG Estates Ltd. are committed to bring attractive and lucrative festival offers to buyer who look forward to get not only the dream home but with something extra in the festive season.
This time we are offering "Free Registration" for ready to move in properties for our projects in Raj Nagar Extn. namely SG Impressions Plus and SG Indigo, and SG Alpha Tower in Vasundhara  from 1st October 2013 to 31st October 2013. . Company will bear the 7% cost of stamp duty that has to be paid for property registration, resulting buyer will not have to arrange for the hefty amount that has to be paid for getting the property transfer. The benefit is worth Rs.4.75 Lacs for a 4 BHK flat. This is a very attractive proposition for the customers and we hope to generate good sales in the dull market scenario.
For under construction properties we are offering LCD (32 inches ) and 1.5 ton AC with every booking. 

SG Estates Ltd. - Rajnagar Extn. still customers prefered choice due to budgeted homes(India Today Coverage)

Rajnagar Extn. still customers prefered choice due to budgeted homes says Gaurav Gupta Director SG Estates Ltd.(India Today Coverage)

To Read More See Our Realty Bytes Section - http://sgestates.in/print_coverages.aspx

Is the RBI decision of curbing 80:20 schemes right in this tight money market scenario?- Brief View Point by Gaurav Gupta, SG Estates Ltd.

Real Estate Industry is a highly capital intensive industry and no matter how much capital you invest in, funds are always scarce to acquire new projects due to sky rocketing land prices and all sorts of curb put in place by RBI on land funding by banks. Current market scenario is not very encouraging due to negative economic sentiment, global factors and falling domestic economy. In this situation of low sales and resultant liquidity woes, developers innovated the idea of old subvention schemes in the name of 80:20 or 75:25 schemes where buyer just have to put in initial margin money, banks used to fund the balance to developer on behalf of customer and builder used to service the EMIs on behalf of customer. So it was a win win situation for all 3 parties- Customer, Banks and Builder. Customer doesn't have to bear the burden of EMIs, banks disburses all and poor builder gets the money.
So where is the problem and why did RBI acted as a party spoiler.
RBI is of the opinion that if builder defaults in paying EMIs to the bank, it will be considered as default on part of buyer and also credit score of buyer will be affected. Also RBI wants to curb fund diversion which might happen due to surplus funding with the builder. But I believe that surplus funds with developer is a myth and not reality in the current situation.
It would have been better if the scheme would have continued for some more time. Though SG Estates Ltd. does not have any such scheme on any of the project at present but industry at large needed this support at this time.
RBI though has done a wonderful job in protecting the interest of the customers and has ensured safe landing but it is also expected that Real Estate Industry be given the due hand holding that is required. Real estate industry supports more than 100 ancillary industries and if real estate grows, so does economy.
Gaurav Gupta, Director, SG Estates Ltd.

SG Estates Ltd. - SG Homes Luxurious and Well Ventilated 2,3,4 BHK homes Vasundhara Ghaziabad

SG Estates Ltd.- SG Benefit 1,2,3 bhk Residential\commercial Project,Govindpuram Ghaziabad

Why don't we make sample flats?

A house is a dream for every woman and a man.
Their aspirations, their dreams are all linked with that one house of their’s. Whether It is a mansion, a self-independent house or a budgeted flat in a multi housing society...... everyone has their own vision, dreams and emotions attached to it.
When we as a customer go out to look for the housing options, first thing we ask is if the builder has the Sample Flat Ready as we want to see what kind of house we will get. Sample house are specially designed by developers as a show case flat to perspective customers and attention is paid to the interior decoration work  like color of curtains, furniture placement, kitchen accessories, flat Tvs etc. On seeing them we are forced to believe that this is your ultimate address. One is so spell bounded by the beauty of the sample flat that one gets assured that he is going to reside in the ultimate luxury. We love it and hence start living with that picture/impression in mind that we saw in the sample flat.
However in many cases builders clearly mention in the flat as to what all is not included as part of the flat to be delivered. But that in many cases is ignored as we are so much occupied with the picture of future House in mind.

When the actual flat is offered for possession then the problem starts because the accessories shown is the flat are not part of the standard flat and also the flat is without interiors.
At this stage, it brews a feeling in the client that dream house is not delivered to him. Heart is broken and vision shattered.  It is human nature to expect the same that was visually shown to us and when we do not get that in front of our eyes after such a long wait, we turn negative resulting in  the blame game and trust deficit. Here the customer is right to the extent that he has booked a dream home on seeing something and Builder is right to the extent that the specifications were duly mentioned in agreement and accessories shows are not part of the actual flat.

To avoid this confusion, we at SG Estates Ltd. believe in making the Actual Flat when the major civil work has completed that we will deliver to our client. This avoids the future confusion between us and client. Many perspective buyers ask for sample flat, we try to explain them the reason for not making sample flat. It is true that we lose some sales due to non-availability of sample flat but this is acceptable but it accepted policy of the as regards to customer satisfaction, trust and delight which is of paramount importance to us.

We just have got the actual flat ready in SG Homes, Vasundhara, Ghaziabad for our project SG Homes, which many existing clients are seeing and sharing their feedback/suggestions.  The same approach was used for SG Impressions 58, SG Impressions Plus, SG Ivory Tower.

SG Estates Ltd. wishing you all a very happy Rakshabandhan

          WISH YOU ALL A Very Happy INDEPENDENCE DAY FROM SG ESTATES LTD.

Important Points to consider When signing Purchase/Builder Buyer Agreement

Buying an house is one of the most important decisions we take in our life and after choosing on the house to buy, builder buyer agreement or the purchase agreement is the back bone of the deal to be concluded over a period of time, assuming the possession will be offered later.
Following points are important to be considered when signing the Builder Buyer Agreement:
1.
Clear Identification of Piece of Land and clear title
2.
Flat No., floor, Super Area, Built-up Area, clearly mentioned
3.
Name and  Address of Allottee  correctly spelled
4.
Pricing  of flat & other  charges /Taxes clearly mentioned along with charges to be paid at time of possession like maintenance charges, sinking fund and other common recurring charges
5.
Payment Plan  viz. CLP/Flexi/Down payment plan
6.
Penalty /Interest on account of delayed  Payment
7.
Time Schedule  for Handing Over Possession of Property along with grace period if any and definition of force majeure
8.
Penalty on Developer if  delay in Handing over  Possession of flat
9.
Facilities & Specifications of property proposed to be delivered clearly defined
10.
What if the buyer wants to cancel the unit or builder is unable to deliver the unit

"We at SG Estates Ltd. incorporate all the above points and clearly define the duties and responsibilities of both builder and buyer"says Gaurav Gupta, Director SG Estates Ltd. 

Reasonable Increase in Stamp Duty in Ghaziabad: Gaurav Gupta, Director SG Estates Ltd.

We are happy that our representation to Honourable DM of Ghaziabad has been considered and the increase in circle rates are as per the market norms rather than the exorbitant rates proposed earlier. SG Estates Ltd. as member of Raj Nagar Extn., strongly opposed the exorbitant increase in rates and put forward the point that if the rates are accepted as per the proposal, then not only the real estate activities in Ghaziabad will come to halt but also the state government will loose on the revenues. This will bring relief to buyers who have bought properties in Raj Nagar extn., Ghaziabad"  says Gaurav Gupta.

SG Estates Ltd. through its Director Shri Gaurav Gupta has been very proactive  in contributing to policy formulation in Ghaziabad who is also the joint secretary of Raj Nagar Extn., Developers Association. 

SG Estates Ltd. has been started Giving Possesion in SG Ivory Tower in Rajnagar Extension

SG is offering its 2 Phase of SG Impressions 58 i.e Ivory Tower in Rajnagar Extension.To Know More Visit http://sgimpressions58.com/lp/ivory.html

Another Project of  SG Estates Ltd. Near By Possesion - SG Homes in Vasundhara Ghaziabad.To Know More Visit http://sghomes.in/

About Location- 
Vasundhara is located at Ghaziabad, one of the fastest growing place in today’s time, making Vasundhara the most desired location to dwell at.

Location Advantages
Transportation
1Metro Station(5min),
2Sahibabad (10min),
3Anand Vihar (15min),
4Indira Gandhi International Airport (25min),
 
5Chander Nagar Railway Station (15min),
6Ghaziabad Railway Station (30min),
7Vivek Vihar (15min),
8 Railway Station Colony (20min)

SG Impression Plus,Ready To Move  In,Rajnagar Extension

To See Photo Gallery visit-

https://www.facebook.com/sg.estates.1/media_set?set=a.442777755830046.1073741825.100002934756176&type=1

Current Market Scenario: Gaurav Gupta, SG Estates Ltd.

This is the best time to buy your dream house as market is buyer friendly and there are good chances that the buyer will find the dream home in his budget. It is also advisable to go for those projects which offer ready to move options or are nearing completion. This not only ensures fixed possession date but buyer can also see the sizes and actual flat that he is going to get.
SG Estates Ltd. has various ready to move options available in Raj Nagar Extn., Ghaziabad under its project SG Impressions Plus and also few units in SG Ivory Tower. SG Homes will also be offered for possession the next year."
For more details please visit www.sgestates.in or contact 9999008503

Company Offering Possesion of its 2 phase of SG Impressions 58- SG Ivory Tower

SG Estates Ltd. after delivering SG Impressions in Vasundhara and Raj Nagar Extn., now has offered possession for SG Ivory Tower in SG Impressions 58, Raj Nagar Extn.

On this Gaurav Gupta, Director SG Estates Ltd. said company is committed in fulfilling its commitments to its customer. To maintain the level of commitments company has started handing over penalty cheques also in cases where possession is late after adjustment of interest charges if the buyer payment is late. 

Also Ivory Tower has huge open area, all the flats are fully ventilated, have ample light and very well designed. Some units are available in resale. 

SG Estates Ltd. after delivering SG Impressions in Vasundhara and Raj Nagar Extn., now has offered possession for SG Ivory Tower in SG Impressions 58, Raj Nagar Extn.

On this Gaurav Gupta, Director SG Estates Ltd. said company is committed in flu filling its commitments to its customer. To maintain the level of commitments company has started handing over penalty cheques also in cases where possession is late after adjustment of interest charges if the buyer payment is late. 

Also Ivory Tower has huge open area, all the flats are fully ventilated, have ample light and very well designed. Some units are available in resale. 

SG Estates Ltd. after delivering SG Impressions in Vasundhara and Raj Nagar Extn., now has offered possession for SG Ivory Tower in SG Impressions 58, Raj Nagar Extn.

On this Gaurav Gupta, Director SG Estates Ltd. said company is committed in flu filling its commitments to its customer. To maintain the level of commitments company has started handing over penalty cheques also in cases where possession is late after adjustment of interest charges if the buyer payment is late. 

Also Ivory Tower has huge open area, all the flats are fully ventilated, have ample light and very well designed. Some units are available in resale. 

SG Estates Monsoon offer:
SG Estates Ltd. has launched the monsoon referral scheme for its existing clients. If any existing customer wishes to give the reference of his/her friend/relative who is interested in purchasing property, he can contact Mr. Ankur at 9999008503 and if the reference is converted in sales, existing customer will be entitled for mini iPad." says Gaurav Gupta, Director, SG Estates Ltd.

SG Estates Ltd.having 2 projects in its deleiverd list in rajnagar extn. is now going to deliever its Phase II of SG Impressions 58 by the name Ivory Tower located on 45 M wide road having all modern facilities with beautiful landscaped park.Only few 2 -3 units left of 2bhk..Hurry Contact 8882550600

Raj Nagar Extn. Preferred Customer Choice

"Raj Nagar Extn. Seeing increased customer interest in this Financial Year. SG Estates Ltd. receiving good customer responser for SG Grand and SG Indigo. Customers preferring this area over Crossings Republic and Noida Extn. Due to the better connectivity, location, price range and ready to move in options. " says Gaurav Gupta, SG Estates Ltd.

“SG Estates Ltd. Has launched this promotional scheme to give an added incentive to the prospective customers and Company is getting good number of enquiries since the scheme has been launched” says Gaurav Gupta, Director, SG Estates Ltd.

Hurry... Now Offer left for very limited time period.Grab the opportunity.... Get Two Wheeler parking free on  each booking till 30 april 2013  in SG Residential Projects.

SG Impressions 58 becoming a landmark in Raj Nagar Extn., Ghaziabad. Project 80% occupied. Billiards competition is very famous among the residents.For More Details Visit - http://sgimpressions58.com/index.html