Owning your dream home is now a lot easier!

The new government’s focus on housing sector has given a fresh lease of life to the real estate sector, which has been struggling under high interest rates and economic slowdown. The Reserve Bank of India has announced a series of measures to encourage lending to the housing segment, which falls under the category of priority sector lending.

Banks now have an avenue for raising long term funds via the 7 years bond to finance affordable housing and infrastructure projects. Home loans of upto Rs. 50 lac for houses of value upto Rs 65 lac in Metros, and loans upto Rs. 40 lac for houses of value of Rs. 50 lac in other cities will now be considered as affordable housing. This will make it easier to get loans in this price range and also you will be entitled to a lower rate of interest. As per former State Bank of India chairman Pratip Chaudhari interest rates on new home loans might fall by 40-50 basis points (0.5 percent). A back-of-the-envelope calculations shows that a 50 basis point drop in interest rate on a Rs. 50 lakh loan for 20 years will bring down EMIs by over Rs. 1,700 per month. Additionally, the increase in interest tax deductibility on home loans from Rs. 1.5 lac to Rs. 2 lac and Rs. 2.5 lac to Rs. 3 lac for senior citizens reduces your tax bill.

Here is what our leaders had to say:

 

 

SARE Homes Launches ‘Club Terraces’ at Sector 92, Gurgaon

Homes for the luxury conscious

• An iconic 19-storey luxury tower with VRV air-conditioning overlooking Gurgaon’s finest 35,000 sq. ft. club
• Luxury amid 7 acres of greens – with large private terraces, luxurious lobby and more
• Part of a 48-acre integrated township

SARE Homes, an FDI developer of residential integrated townships across India, has announced the launch of its new project ‘Club Terraces’ in Sector 92, Gurgaon.

SARE Homes plans to develop this iconic 19-storey tower that will overlook the SARE club, which will be the largest and finest club in Gurgaon, set amidst 7 acres of lush, breathtaking greens.

Club Terraces offers 3 and 4 BHK apartments with VRV air-conditioning and has been exclusively designed with 3 sides open, large private terraces and French windows. Other amenities like a spacious 8,000 sq ft (743.21 sq mtr) guest lobby, recreational facilities and servant quarters having separate entrances make for a luxurious experience like never before.

Club Terraces is unique because it overlooks a lush 7-acre green and the fact that its residents can enjoy the SARE Club. At 35,000 sq ft, the SARE Club will be Gurgaon’s largest and finest club, and has lavish offerings, like the clubhouse lobby, 4 swimming pools, modern gymnasium, indoor heated pool, billiards and table tennis room, restobar, dining lounge, library lounge, banquet hall and party lawn.
Club Terraces is part of a 48-acre integrated township that is positioned on the 60m arterial road and offers excellent connectivity. It lies on the Gurgaon growth corridor, with easy connectivity to Delhi via the expressway, metro rail and bus, and is a short 40min drive to the IGI airport.

The township itself has all amenities like shopping facilities, nursery, primary, high school, 24-hour power back-up, club house, medical facilities, adequate water supply, rain-water harvesting, organized basement/ open parking, 24-hour security, wide well-lit metalled roads and landscaped greens.

Commenting on the occasion, Mr. David Walker, Executive Director, SARE Homes, said, “After selling more than 2000 homes in our Gurgaon township, and receiving recognition by way of Industry Awards on a pan-India level, we are delighted to launch Club Terraces, homes for the luxury conscious.  SARE has a strong balance sheet and its assets in India are valued at Rs. 3,200 crores with nominal leverage. The fund’s equity is held by global institutional investors like Forum Partners and Goldman Sachs Principal Strategy (GSPS) Asia Ltd. The scale of our business will enable us to deliver best in class service to our customers and commit the resources to ensure on time delivery of our projects.”

Mr. Vineet Relia, Chief Operating Officer, SARE Homes, further added, “It gives us immense pleasure to launch Club Terraces, 3 & 4 BHK air conditioned homes offering a luxurious lifestyle. These homes have expansive 30 feet verandahs and are packed with amenities such as VRV air-conditioning and access to the SARE Club, which is set amid 7-acres of lush greens. Our Gurgaon township is strategically located on the main 60 meter road, very close to the IGI airport with easy connectivity to Delhi.”

Know more about this property here.

SARE Homes excels at Estate Avenues Awards 2013

SARE Homes has yet again proved its grit in the real estate sector at the recently concluded Estate Avenue’s United Provinces Awards 2013.

SARE Homes won three awards at this prestigious event, namely ‘Best promising project of the year’ for Petioles, Gurgaon; ‘Integrated township developer of the year’ and ‘Emerging Developer of the Year’. On top of that, a special ‘Professional Leader in Real Estate sector’ was also awarded to Mr. Vineet Relia, Chief Operating Officer, SARE Homes for his contribution to the sector. The awards were organized by Estate Avenues, the leading real estate monthly published by SS Media House.

The proud winners were chosen, subsequent to an extensive and rigorous selection out of the real estate developers. The eminent jury for Estate Avenues Awards 2013 consisted of Carlos Jimenez Aguirre, Chief Economic & Commercial Counselor Spanish Embassy in India, Dr. Anil Kumar Sharma, President of CREDAI-NCR, Col. (Veteran) Prithvi Nath, VSM, Head North NAREDCO, Dr. P S Rana, Chairman Bostan TCS, Former Chairman and Managing Director (HUDCO), Mousumi Roy, Real Estate Head FICCI and many other distinguished luminairies. Winning these awards is an acknowledgment of SARE’s performance in India and its zeal to deliver best-in-class service to its customers and mobilize resources to ensure on-time delivery of its projects.

Winning these awards is an acknowledgment of SARE’s performance in India and its zeal to deliver best-in-class service to its customers and mobilize resources to ensure on-time delivery of its projects.Estate Avenues’ United Province Awards is an annual award which felicitates the contribution of Real estate companies. The Awardees were chosen after a rigorous selection of developers from Northern region. The event held at Eros Hilton Hotel on September 1, 2013 was attended by the stalwarts and gentries of the real estate sector.A panel discussion, namely Manthan, was also organized which saw Mr. Vineet Relia sharing his thoughts, vision and ideas on topics such as illegal sand mining, concept of mixed use development and the role of private developers in providing low-cost housing to its fellow citizens.

Commenting on the occasion, David Walker, Executive Director, SARE Homes said, “It is indeed a joyous moment for us! We have always strived to provide the best value proposition and unique concepts through our products which have been appreciated by all our home owners.”

Vineet Relia, Chief Operating Officer, SARE Homes further said, “These awards give us immense confidence to develop housing units for people with taste and aspiration. Having executed projects across the country has helped us gain immense knowledge and expertise. We will continue to walk the path of offering a range of residential homes and providing a variety of lifestyle choices for our customers. We will always endeavor to live up to our loyal customer’s expectations.”

The award function was preceded by United Provinces Real Estate Expo 2013 which focused on real estate developments in the United Provinces zone, a regional identity formed in 1902 British India by merging two major British India administrative units – Agra & Oudh. The United Provinces included Modern UP, Uttrakhand, Delhi, Haryana, and parts of Rajasthan & Madhya Pradesh.

Gharotsav organised by “SARE Homes” and “Impact Projects” evokes overwhelming response in Amritsar

Assured gifts for spot bookings and family entertainment

“SARE Homes”&“Impact Projects”organise 2-day Gharotsav on 03-04 November 2012 at Crescent ParC  township, GT Road bypass, Amritsar.
Special booking offers, sample flat tour and assured gifts.

One of the first companies to offer possession on time in Amritsar.

Celebrity artists –SatinderSatti and Raja Sagoo emerges star attraction.

Entertainment for the whole family.

Amritsar, November 05, 2012:
“SARE Homes” and “Impact Projects” organised “Gharotsav” or Home Carnival has met with an overwhelming response as a large number of home seekers visited the two day event, which began here yesterday.

The two-day Gharotsav organised on 03-04 November at Crescent ParC township, GT Road bypass, Amritsar drew an encouraging response for the spot bookings, and emerged as wholesome entertainment for the entire family with star performances by household entertainment names Sattinder Satti and Raja Sagoo, Lucky Draw, Magic Show, Kid’s play area, delicious food and lots of fun and frolic ! Special booking offers will continue after the Gharotsav, so if you missed the Gharotsav, you can still avail of these festive offers.

Commenting on the success of the Gharotsav, Mr. Vineet Relia, Chief Operating Officer, SARE Homessaid, “We are delighted with the encouraging response that people in Amritsar have given for this two-day event. SARE Homes in association with Impact Projects is focussed on delivering world class homes at good value to the home buyers in Amritsar and neighbouring areas. Our Crescent ParC Township in Amritsar has been well- received as we are one of the few companies to have handed over possession on time. We are proud to say our township has all the amenities of an international lifestyle namely –security, power back up, adequate water supply, clubhouse for the family, education, healthcare and many others. Through the“Gharotsav”, we want to make the home buying experience to be a memorable one for the entire family”.

Addressing the media, Mr. Vikram O. Datta, Director – Marketing & Sales, SARE Homes commented, “Gharotsav’ or Home Carnival, a two-day event, isa dream come true for home buyers as an array of attractions such as – sample flat tour of their dream home, special booking offers, assured gifts on booking, and offers on processing fees await them for two days.”

Well –known entertainers Satinder Satti and Raja Sagoo who were specially engaged by the organisers for this event, emerged as a star attraction among the visitors.

The Home Carnival welcomes all those who are eager to make home buying a life experience. These two days were fun –filled for the entire family with special games for children. The eventbrought smiles and happiness to everybody.While visitors sampled the sizzling and delicious Amritsari food to satiate their taste buds, there was a Magic Show and a Children’s Play area to keep the kids occupied, so that adults can have their share of fun with some exciting and fun-filled games and not to forget the Lucky Draw with exciting and prizes to be won.

Amritsar, the city known for its world famous Golden Temple is fast emerging as a preferred destination of home buyers. Crescent ParC, a 101-acre Township in Amritsar comprises ‘Crescent ParC Plots’ of 300 sqyd, and 160 sq yard and ready for possession 2 and 3 BHK Ashberry Homes. The township project is located in front of large landscaped gardens and is complete with facilities such as adequate water supply, power back up, security, gymnasium, club house, swimming pool and others. The project is situated strategically on the 6-lane NH 1 GT bypass road, only 10 minutes from the Golden Temple

.Talking about Amritsar as one of the fast emerging cities, Mr. Ajay Singh Cheema, Director, Impact Projects said, “With impressive growth in infrastructure facilities, Amritsar is one of the sought after destination for home buyers. And with its crucial role in trade with neighbouring countries, Amritsar city is all set to witness a great phase of growth in the coming years. The home carnival will help in creating awareness among the people about the kind of peaceful and quality living being brought to this market by SARE Homes – Impact Projects Partnership with offerings to suit all income levels.”

SARE Homes caters to the aspirations of the middle income group by offering quality, community-housing at strategically identified locations across India. The company has invested in 7 integrated projects in major cities in India namely – Amritsar,Gurgaon, Ghaziabad, Navi Mumbai, Chennai and Indore which represent approximately 39.8 million sq. ft. of developable area. SARE Homes is in a high-growth mode and aims to double its area under development in the next three years.

The Impact Group has been a part of Punjab history for over two decades in various sectors. Impact Projects is a leading Developer in Punjab since 2001. Impact Projects has already developed 9 premium residential colonies in Amritsar. It has created some of the innovative projects with a view to redefine the industry standards as well as to take people’s aspirations to much higher levels. Impact Projects has also entered the Second Homes Market with its projects in Himachal Pradesh. The company is now planning to enter other Northern Markets like Gurgaon, Mohali etc.

SARE Homes launches “Springview Heights” in Ghaziabad

Indulge in spaciousness and comfort of living in well-spaced apartments amidst wide expanses of nature.

• Part of GDA approved township with an abundance of thoughtful conveniences offering an international lifestyle
• Unique features like 7 clubs in project& a central park on an elevated podium
• Families living happily in Phase-1 of township
• Professional facility management  by Jones Lang LaSalle (JLL)
• Awarded best affordable housing project 2012

Ghaziabad, September27, 2012:After successfully launching multiple projects across the country and having sold more than 4500 homes in India, SARE Homes (South Asian Real Estate) is proud to launch “Springview Heights” in its 88.35 acre Integrated Townshipcalled SARE Crescent ParCon NH-24 in Ghaziabad. The unique features of this project include – 6 towers with 7 clubs, of which each tower has its own club and there is one common club and a central park on a 10 ft high beautifully landscaped elevated podium, complete with a Sky Lounge Terrace and entertainment features, offering a first of its kind indulgent experience!

This GDA approved township is inadvanced stage of construction and habitation. Families are living happily in Phase-1, with phase-2 being ready for possession soon, and construction in full swing at phase-3. The leading facility management company Jones Lang LaSalle (JLL) has been appointed to manage the project.

The township is well connected to national highways, namely, NH24 and NH91 and isin close proximity to Rajnagar and Kavinagar and malls/ shops, hotels / restaurants, petrol pumps, schools / colleges and hospitals. Also, Lalkuan police station, post office, bank branches/ ATMs, Ghaziabad Railway Station, ISBT, proposed metro station etc. are easily accessible from the project.It is situated just off the busy highway and thus avoids pollution related hazards.

The highlight of Springview Heights is a beautifully landscaped centrally located elevated podium (10 ft. above ground level; fully secure and free from internal vehicle driveway), packed with sports andrecreation facilities such as cricket, a skating rink, lawn tennis court, badminton court, jogging track, well planned children’s play area with sand pits, dedicated senior citizen area, beautifully landscaped theme park with cosy sit-outs.

Springview Heightsis an earthquake resistant structure and is also proposed to be a Green Certified Building (by Indian Green Building Council – IGBC). Each tower has 2 spacious lifts and wide staircases.With a wide internal driveway for easy vehicle movement and elegant entrance gate, the project is atpar with international standards. It also offers multiple car parking options – in basement/ under podium/ at stilt & surface level. The project offersfire fighting arrangements and well planned fire tender movement within the premises.

Commenting on the launch, Mr. David Walker, Executive Director SARE Homes said, “Continuing with our commitment of offering the world class living to the home-buyers, we have launchedSpringview Heights at a strategiclocation inGhaziabad. We have received good response for the earlier phases of Crescent ParC Township. The newly launched phase offers ample facilities and amenities, promoting a healthy lifestyle andindulgent living.”

The well-defined 6 towers will comprise spacious 2BHK & 3BHK apartments designed by leading architect C P Kukreja. They offer spacious balconies, cupboard space in every bedroom, storage space lofts and adequate privacy. The rooms are spaciously designed and attract plenty of sunlight along with being well ventilated.

According to Mr. Vineet Relia, Chief Operating Officer, SARE Homes, “The project is proposed to beanIGBC certifiedgreen building, which will make it anenvironment-friendly place to live. The facilities installed would save approximately 20 – 30% of energy and 30 – 50% water as compared to regular(read non-certified) buildings. This is a proud moment for us, as we set a benchmark per international standards in Ghaziabad.”

The club houses on the top of each tower offer a yoga and meditation centre, indoor games room,a gymnasium, internet station and a large screen for viewing movies.

Also on offer is a splendid Sky Lounge, situated 150 ft. above the ground with a kid’s splash pool, putting greens, cosy sit-outs, area designed for party / get-together, viewing deck and a dry pantry.

In addition, the residents will also have access to approximately 25,000 sq. ft.main club-house located opposite the main entrance offering similar facilities in addition to the multipurpose hall and banqueting facilities with open party lawns.

Elaborating on the project, Mr. Vikram O. Datta, Director – Marketing and Sales, SARE Homes explained, “There is a vast potential of housing demand in Delhi NCRregion. Home buyers as well as investors are very savvy and we are confident that they will respond positively to our latest offering due to its unique Sky Terrace and Loungeconcept, and the fact that it is backed by FDI funded SARE Homes.”

SARE Homes caters to the aspirations of the middle income group by offering quality, community-housing at strategically identified locations across India. The company has invested in 7 integrated projects in major cities in India namely – Gurgaon, Ghaziabad, Navi Mumbai, Chennai, Amritsar and Indore which represent approximately 39.8 million sq. ft. of developable area. SARE Homes is in a high-growth mode and aims to double its area under development in the next three years.

SARE Homes shines at Realty Plus Awards 2012

• “Residential Property of the Year”– Petioles, Sector 92, Gurgaon
•  “Affordable Housing of the Year”  – Ebony Greens, NH-24, Ghaziabad
• “Emerging Developer of the Year” South – Dewy Terraces, Chennai OMR and MeadowVille,   Chennai GST

New Delhi, March 30, 2012: : Emerging as the new leader of real estate sector, SARE Homes (South Asian Real Estate) has yet again proved its mettle in the real estate sector, at the recently concluded Realty Plus Excellence Awards 2012 – North, in New Delhi. SARE Homes won three awards at this prestigious event, namely ‘Residential Property of the Year’ for Petioles in Sector 92, Gurgaon and Ebony Greenson NH-24 in Ghaziabad has received the award for ‘Affordable Housing of the year’.In addition to these prestigious honours, SARE Homes has also received ‘Emerging Developer of the Year’ (South) for both its projects Chennai namely Dewy Terraces on OMR and MeadowVilleon Koltahur GST in Chennai. The awards wereconducted by Realty Plus, the leading real estate monthly published by exchange4media Group.

Winning these awards in the North and South regions is testimony of SARE’s performance on a pan India level and its capability to deliver best in class service to its customers and commit resources to ensure on time delivery of its projects.

Realty Plus Excellence Awards (RPEA) is an annual award, which felicitates the contribution of Real estate companies. The event held at The Metropolitan Hotel on 21st March, 2012 was attended by the luminaries and who’s who of the sector.

The Awardees were chosen after a rigorous selection of developers from the entire Northern region. The different categories that were awarded were spread across Developer of the Year Awards (Residential, Commercial and Retail), Select Achievement Awards and Popular Choice Awards.

The Awards event was preceded by a conclave on the topic ‘Three-point wish- list for Realty 2012’, which also saw, Vineet Relia, Chief Operating Officer, SARE Homes, sharing his thoughts, vision and ideas for the industry.

Speaking on the special occasion, Mr. David Walker, Executive Director, SARE Homes said, “It indeed is a proud moment for us! We have always made an attempt to provide value for our customers and will continue to strive to provide to fulfil their dreams. We have already developed 7 integrated projects in major cities in India namely – Gurgaon, Chennai, Ghaziabad, Amritsar, Indore and Navi Mumbai which represent approximately 35.6 million sq. ft. of developable area. We aim to double its area under development in the next three years”.

Mr. Vineet Relia, Chief Operating Officer, SARE Homes said, “Housing projects such as ours are the need of the hour and understanding this fact, we have developed such projects for potential customers. With these awards, we are more enthused to provide the best product for our customers. We are also happy inform that our customers have already got the possessions of homes in the first phase of Ebony Greens and the sales are getting even stronger in the other phases”

Mr. Vikram O. Datta, Director- Marketing and Sales, SARE Homes said “SARE Homes has sold more than 2000 homes and delivered more than 1000 homes till date. Our projectsare focused on middle income housing and we are happy that our projects have been liked by the customers and seeing the response we have recently launched the third phase of Ebony Greens and we are launching new phases at Kolathur and Ghaziabad also.”

Presently, SARE Homes has invested in 7 integrated projects in Gurgaon, Ghaziabad, Navi Mumbai, Chennai, Amritsar and Indore which represent approximately 39.8 million sq. ft. of developable area. SARE is in a high-growth mode and aims to double its area under development in the next three years, by creating wonderful communities of world-class standards.

SARE Homes is a professionally managed, FDI Funded real estate investment and development company. SARE Homes are funded by foreign direct investment (FDI); hence, its projects are assured of uninterrupted progress.