Month: February 2024
Reportedly, there is a little slump in the Grugaon properties market now, though its magnitude is not alarming. Going by the industry assessments and reports, the nascent recession in the economy and its all-pervading sway is still keeping a thin pall of gloom in the residential as well as commercial segments of Gurgaon real estate market. In fact, the world economic meltdown started from the largest economy of the world, the US, and it has spread as shock wave across the global spectrum cutting across national and continental economic regions. As an inevitable corollary and consequence of this malady, the Indian economy has not been able to remain immune and has been affected to some extent. This has crystallized in to the economic matrix of the Gurgaon property market and market has been in jittery for long. However, now along with the recuperating national economy, Gurgaon property sector is back in the saddle, a little hang over notwithstanding.
It is an estimated fact that there is a little slump prevailing in the Gurgaon property market now. Let mathematics speak. Before the onset of the recession, property for sale in Gurgaon fetched an annual average appreciation of 15% to 20% in the prime residential locations of DLF Phase1, DLF Phase 2, DLF Phase 3, Sector 15, Sector 16 and sector 18. However, right now properties of the same description in the same locality do not show any considerable appreciation over what they could fetch before the incidence of the recession. In order to appreciate the real appreciation value, the analysis should be in the light of the escalating inflation. In fact, the prices went down during the recession. If the current rates are compared with the immediately preceding trend during the recession, there is an increase in prices from10% to 20% per cent now. But when we compare it with the prices before the recession, the current prices are a little less and that is indicative of a slight slump.
The little slump in the Properties in Gurgaon market is estimated to be of a transient phenomenon and the market will enter a growth trajectory in the immediate future. International investment analysts concur that the coming years the Indian property sector as a whole will show an appreciable growth. This speculation is in resonance with the finding of the World Bank that in a scene where the major world economies show a retrograde trend, in the coming years India along with China will show considerable growth in national income and gross national product. This growth in the national income will directly push up the real estate sector. Hopefully, Gurgaon property market will register considerable appreciation in the coming years.
With the changing pace of technology, the lettings industry has changed hugely from the days of collecting rent door to door to now receiving online transactions. It’s now easier for landlords to get their payments on time and similarly further payments are made to contractors etc. with ease. Not only this, the chance of losing cheques is greatly reduced. Handling the day to day work and online transactions for a small or start up business is fine but when it comes to expanding the business manual processing puts you at a great disadvantage. In such cases you will be researching the Property management software available in the market. At TBL We have come up with the complete solution PropCo Enterprise-software specialising in residential lettings, accounts and property management.
This Property management software delivers some unique and outstanding features giving you complete control of your property portfolio:
Residential Property Lettings
Marketing
Property Maintenance
Client Accounting
Document Management
Work flow Automation
The enhanced features of PropCo Enterprise that make it the best in the UK include:
System Structure
Multiple client account
Receiving rent/ fees and payments etc
Access data
Marketing
Property
Landlord’s
Contractor’s
Data Conversion
This property management software PropCo Enterprise has the flexibility to cater for the needs of both multi user and single user letting agents, from large to small. PropCo Enterprise takes care of the entire letting cycle of a tenancy starting right from the applicant matching to the tenant booking to maintenance of the property contractors, if needed with customer satisfaction as the main focus.
Along with the core Property management software, PropCo Enterprise from TBL also offers PropCo Web which delivers a robust web presence showcasing the products and services of our clients. When PropCo web is integrated with PropCo Enterprise further features such as Landlord and Tenant Portal, Interactive mapping etc. can be delivered making the product available to applicants easily and grabbing the opportunity to convert them into tenants!
Coming to our Client base, we have a long list of clients throughout the UK. The largest clients that we currently have are Countrywide Residential Lettings who have selected our property management software after a rigorous tender process.
After the successful experiments with legendry projects like Supernova and North Eye, Supertech has come up with the new housing concepts based on Rome theme called The Romano. Supertech Romano is the latest housing concept brought to Noida to bring revolution in the Real Estate market.We want to bring enhancement in architect and design that Delhi/NCR has not seen before. As we know that everyone wants to live in the secured and gated community and Noida and neighboring is providing the same. As a result it has become the most demanded housing unit in Delhi/NCR. This is main reason that demand for property has peaked in Noida.
After investing in the national capital people prefer to buy assets in neighboring regions and places. Seeing the uprising demand of dwelling Supertech is continued to serve them with same enthuse and passion and launching most renowned buildings one after the other. Our motto is to make you happy and we have already given happiness to thousands of family. We feel that we have covered only few steps and still there is thousands of millions left to be covered. If you want to fulfill your dream of living in a foreign then your wait is over now. We have planned a housing concepts based on the Rome culture. Feel the aspiring nature and stay close to nature by living in modernization. The project is spread over vast acre of land and most of area is kept open to receive ample amount of heat and light. Every apartment is executed so smartly and beautifully that one can make his own private heaven on the earth. Live in Noida but feel like Rome, this is the first time in the history of Noida realty. People are admiring the project and large number of people has their interest in this project. We are receiving query from the very first day of foundation and we are very delighted to gift such kind of residential projects to the city Noida.
Let have a quick glance over the proposed specification of this project. We are pleased to introduce splendid lifestyle with Supertech Romano. The project is blessed with every world class modern amenity like swimming pool, jogging park, and spa, Gymnasium, zone for kids and senior citizens, three layer securities and many more amenities to be discussed and to be gifted to the residents of Delhi/NCR. Enjoy mesmerizing sense and cozy kind of living. Enjoy a real home away from your home in the prime location of sector 118 Noida. It is offering Two, Three and four BHK amazing flats with amenity. A place where own kingdom will be established according to you. Enjoy and we wish happy living.
For other ongoing projects: