Monday, February 22, 2010

Retail Malls In Delhi

The national capital Delhi is a shopaholic’s utopia. The retail malls in Delhi signify the eventual indulgence in retail therapy. It offers a complete entertainment package : Shopping, Eating, Indoor Games, Music Store, Beauty Zone etc. One can purchase a wide range of goods or products within the shopping malls.m3m milano 

Furnishing below details of some retail malls in Delhi:

1. Cross River Mall - is located in Karkardooma District Court (East Delhi), very stylish and high class residential area. It’s an extraordinary designed, having four screen multiplex cinemas.

2. Ansal Plaza – It is situated in Andrews Ganj, Different Shopping hub, Food Zones, Fun and music world etc. covering very large area and this multiplex mall is famous for its branded clothes and quality jewelry.

3. Metro Walk Mall – It is located very close to the Rithala Metro Station, Sector 10, Rohini, the mall is spread an area of 200,000 sq. ft. It is the biggest mall in the city and, apart from retail and food outlets, the mall also boasts an enchanting amusement park - Adventure Island – with numerous rides and swings imported from abroad.

4. North Square Mall - It is situated in, Netaji Subahsh Palace, .having so many shopping places for example CTC Plaza- Marriages are made in heaven but heavenly brides are dressed from CTC Plaza. This popular store stocks in enormous range of heavily embellished sarees, salwar kameez and lehengas best suited for bridal wear.

5. North Ex Mall – it is very near to Madhuban Chowk & close to metro station i.e. Rohini East. With multi-cuisine restaurants, pubs, fast-food outlets, it is the place to visit for a relaxing dining experience.

Delhi’s People are very much lifestyle conscious and always prefer to acquire branded goods or quality products and for that they constantly choose retail malls in Delhi and due to this high demand there are lots of new malls are being constructed in different locations (Delhi) to provide lots of amenities with an ease to the clientele.

Monday, February 1, 2010

Delhi’s Real Estate Industry

The Capital of India i.e. “Delhi” is having very strong share of market in Real Estate Business. This city is having powerful center of different fields i.e. Politics, Social, Cultural and because of this reason most of the people i.e. professionals, entrepreneurs, job seekers etc. get attracted. And all those arrivals are dependent on the city’s infrastructure & take property (s) in Delhi. pioneer araya gurgaon
Here are some prime & major locations of Delhi- where property rates are touching the sky :
1.    Defence Colony
2.    Greater Kailash
3.    New Friends Colony
4.    Jor Bagh
5.    Green Park
6.    Sainik Farms
7.    Safdarjung Enclave
8.    South Ex.
9.    Golf Links

There is no plot of land is available in aforesaid locations. That’s the reason that the property rates are beyond the reach of middle class person’s budget as the same is touching the sky.  One should have a big budget and capacity to think to get a property in these areas.

The major reason for this high price of properties is that the land was generally allotted as individual plots. And the same is sold out to the industrialist, politicians and entrepreneurs who use these properties as a source which is utilized to generate profits by constructing and changing the same into lavish buildings like apartments, malls, showrooms, Sub-letting and renting of property etc. at a very high rate (sky-touching). E.g. 3 BHK in Greater Kailash is having monthly rent @ Rs. 30,000 to 50,000.
Whereas the property rates in following mentioned areas are reasonable:
1.     Mayur Vihar
2.    Janak Puri
3.    Dwarka
4.    Laxmi Nagar
5.    Paschim Vihar

And the plot value in aforesaid areas can be managed and one can easily think and buy a property in these areas. By the time these areas are not utilized by business purposes and are used for residential use.  We can say that property in southern and central Delhi is much costlier as compare to other areas because of very simple reason i.e. good connectivity of roads, Metro Link, availability of commercial place. Thus the property values of these mentioned places always goes high and are continuously rising.