Believe it or not, property prices in the city, a town of salaried class people, are almost double than those in Gurgaon, the commercial and industrial hub of Haryana, which has a constant influx of industry.

It is interesting to note that while prices in the city have increased by more than double in the past few years, they have stabilised in Gurgaon. For example, in the last draw of lots for Sector 57 in Gurgaon, one of the sectors closet to Delhi, the prices hovered between Rs 12,000 to Rs 25,000 per square yard, depending upon the location of the plot. Now, these prices have stabilised between Rs 9,000 to Rs 11,000 in the sector. Another example is Sector 38 in Gurgaon, where the prices are as low as Rs 7,000 per sq yard.

Source: cities.expressindia.com

The Haryana government has decided to invest Rs 750 crore to implement projects to strengthen the infrastructure in Gurgaon.

Haryana Chief Minister Bhupinder Singh Hooda announced his while speaking at the International Real Estate Development Summit organised by FICCI at New Delhi today.

Mr Singh pointed out that the state surrounded the National Capital from three sides and that 40 per cent of the National Capital Region (NCR) fell within Haryana.

On the state of development in Haryana, he said Gurgaon had already emerged as an outstanding example of private participation in real estate and urban development.

This area had attracted not only companies like Maruti Udyog, Hero Honda, Modi Alcatel, Whirlpool India and Bharti Telecom but also global giants like Coke and Pepsi, he added.

He said the pace of urban growth in Gurgaon had put the existing infrastructure under serious stress. The state government was geared for building the infrastructure and support system for the future.

More: news.webindia123.com

JMD Realtors in the process of developing and constructing a Multi - Storeyed Shopping Complex with a 5 star Hotel known as, JMD Regent Mall with all ultra modern amenities, having total super built-up area of 2,25,000 sq.ft, sprawling over a plot area of 3.125 acres on Mehrauli-Gurgaon Road, Gurgaon. The construction work is in full swing and the building is most likely to be completed by the mid of 2006, thus we shall soon have the latest concept hotel - in - mall.

AN INDICATION of the kind of growth that can be expected of the Indian real estate market may lie in the returns targets that the real estate venture capital funds have set for themselves.

The target internal rate of return of these funds range from 15 per cent to as high as 30 per cent, says the latest quarterly India Property Investment Review from property consultants Knight Frank India.

This report lists 12 funds, apart from HDFC India Real Estate Fund, and estimates that these funds will invest about $1.2 billion into real estate stock over the next one year.

Since the policy change last year that allowed venture capital funds in real estate, some 14 such funds are in various stages of getting organised, according to real estate experts.

The rate of return targeted between 15 per cent and 30 per cent is an indication of the unpredictability and non-homogeneity of the Indian market, they said.

There is no homogenous Indian real estate market. Every city or area could be a market in itself, said Mr Arun Goel, CEO, DHFL Venture Capital Fund.
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Indias First Health & Beauty Mall, M G Road, Gurgaon
JMD Group is pleased to introduce you to Indias first Health & Beauty Mall opening shortly at the JMD Regent Arcade, Gurgaon

The Health & Beauty Mall aims to bring every brand associated with health and beauty under one roof, meeting the entire cosmopolitan population who are aware of the need for fitness, health & beauty. The Mall is immaculately designed and its grand structure is spread over a staggering 1,75,000 sq.ft. dedicated to the very theme of being fit and beautiful.
JMD Regent Arcade has been divided into various segments for the convenience of the consumer like Health, Food Stores, Organic Super Markets, Spiritual stores, Sports Apparels, Fitness Studio, Lingerie stores. Hair Care Saloons, Optical stores. Perfumes, Pharmacy & Drug Stores, Eye Care Products, Skin Clinics & Beauty Essentials, Ayurvedic Clinics, Herbal Shops, etc.

JMD Kohinoor Galleria is a Multi - Storied Shopping Complex which is fully functional and is located at the most prominent and accessible location of South Delhi with all the specifications of an International repute and having a total super built-up area of 20000 sq.ft. in an area of 1200 sq.mts., Masjid Moth, in Greater Kailash II, New Delhi.

The shopping complex is fitted with all the infrastructure splendours as per high quality contemporary shopping malls including high-speed escalators and scenic elevators, foolproof fire fighting & fire alarm arrangements, 100% power back-up, central air-conditioning, foolproof security system, corridors, rich interiors etc.

JMD Gardens Sohna Road, Gurgaon

JMD has announced its forthcoming Multi-Storied Group Housing Residential Complex, to be known as, ‘JMD Gardens’ having 10,00,000 sq.ft. of built-up area sprawling over a land measuring 11 acres, with all modern amenities, at the most outstanding location on Sohna Road, Gurgaon.

JMD Regent Plaza
MG- Road, Gurgaon

An inviting and stunningly exquisite landmark facade, JAAD Regent Plaza is the owners pride and shoppers delight. A Four Storied Shopping Complex having total super built-up area of 85,000 sq.ft, sprawling over a plot area measuring 5300 sq.yds. on Mehrauli Gurgaon Road, Gurgaon, having all the specifications of an international standard.

The project building is fully functional with a series of esteemed clients tike Cafe Coffee Day, Sharmeeli, First Tour India, Eid Perry Ware, Kajaria, Professional Enterprise, Global Career Solutions, Tropical Oil Product, Jaguar, Club Preview and Aviva.

JMD Realtors are coming-up with another mega commercial project to be known as, JMD Galleria having total built-up areas of 1,80,000 sq.ft., with all ultra-modern specifications and facilities, on a plot of land measuring 2 acres at the most ~ location on Sohna Road, Gurgaon. The project has already been approved by . Director, Town & Country Planning, Haryana and the construction activities will be starting very shortly.

Orchid Petals: Gurgaon

All of us nurture a dream of a place to call our own - a place where we are at harmony with nature, yet connected with the positives of urban life. Verdant greens spread out as far as eyes can see. Orchid Petals is your own heaven of bliss. Project is located on Gurgaon - Sohna, adjoining South City II of Unitech. Vatika City is 2 kms further down from Petals Site. And few kms from ITC Golf Course and around 3 kms from DLF Golf Course.

Click Here for : Location map of the Vipul Orchid Petals

Imagine this - a country of 36 acres of land where every window opens to 85 per cent verdant landscaping; where spaciousness of life finds expression in four magnificent apartments per floor; aesthetically designed, professionally planned. Wide-open space, beautifully landscaped lush green surrounding. A perfect blend of luxury and elegance. Orchid Petals offers you a lifestyle brimming with style and joy. Away from the noise and pollution of modern day living.

APARTMENTS Types

Floor Plans:
Floor Plan for 3 BHK : (Click here for layout)
Floor Plan for 4 BHK : (Click here for layout)
Floor Plan for Penthouse Lower : (Click here for layout)
Floor Plan for Penthouse Upper : (Click here for layout)

All 3 / 4 BHK apartments are three side open with attached Toilet, with option of Study room, with spacious and airy living with dining hall, separate servant rooms with toilet also looking towards green. Total area varies from 1712 sq.ft. to 1964 in 3 Bedroom and 2337 Sq. Ft. for 4 Bedroom apartment. Approx Cost INR 4.00 - 5.00 Million.

The Pent house is available on the 13th and the 14th floor open from three sides with its own terrace, Bed Room Duplex, living, dining and kitchen and one master bedroom, servant quarter with toilet, a separate toilet for guests, a study room, balconies. The two types of pent house available, Type A and B of 2836 Sq. Ft. to 3507 Sq. Ft.(including terrace)

POSSESSION DATE
Middle of 2008

AMENITIES
Health Club
Tennis Court
Power Back-up
Gymnasium
Basketball Court
Table Tennis
Skating Rink

SPECIFICATIONS AND FINISHING

Highly efficient planning

Kitchen: Flooring Ceramic Platform Granite counters with double bowl stainless Steel sink with drain

Toilets: Flooring Ceramic Tiles / Granite / Marble, Dado Selected ceramic tiles Fittings Granite / Marble counter, white sanitary fixtures,

Security: Door phones • Power back-up 100% • Sufficient car parking facility per apartment

Lift Lobbies: Selected Marble / Granite cladding & Acrylic Emulsion paint External Combination of Stone & Textured Paint Finish

Fountains and Water bodies in the green areas