| djain128 2007-05-17, 3:25 am |
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Qubrex's "Real Estate Scanner" (QuRES) was launched on 23-02-2007 by
QuBrex the real estate division of Delhiscoop, Gurgaonscoop &
noidascoop etc.
QuRES a fortnightly newsletter with focus on providing data and
information to investors and real estate professionals. Currently the
focus of QuRES is Gurgaon, and we will be providing comprehensive data
and information about residential and commercial properties.
Our intention is to serve the astute real estate investor, and to
provide them with all the necessary information to make informed
decisions. With news round-ups, price indices, current price listings,
and ad analysis you will have all the market information at your
fingertips.
News round-up will provide a summary of the major developments that
are likely to have an impact on the prices and sentiment of the
property market.
For more detailed news you can visit our websites Qubrex.com,
GurgaonScoop.com, NoidaScoop.com, and DelhiScoop.com.
The Qubrex Price Indices are trend indicators that provide a macro-
snapshot of the market trends, and the current issue features the
Qubrex Gurgaon Apartment Price Index (QuGAPI). The QuGAPI is based on
a basket of properties that represent various builders, budget ranges,
locations, and projects under various stages of construction in
Gurgaon.
In future issues of QuRES we will be introducing more Price Indices
that will help capture the trends of commercial and residential
properties, and will at a glance provide a market overview to our
readers.
The current price listings provide the prices for all major
residential and commercial projects, and provide prices which reflect
the reality of the marketplace. The listed prices are based on the
actual deals that are happening, and also on the confirmed asking/
offering prices at which deals can happen.
One innovative feature in this newsletter is called "Ad Analysis." We
believe that the quantitative data in the weekend editions of the real
estate classifieds, and the builders advertisements published in the
property supplements of the major national newspapers are informative
about the new and upcoming projects, and also indicative of the market
interest of the mentioned properties. We are tallying these
classifieds and builders ads and providing quantitative information
about them.
In each issue of QuRES we will also spotlight a person, company,
project, or location, and provide an insight into the entity featured.
Recent news that has bearing on the real estate market is the climbing
interest rates, the Government deliberations on SEZ (Special Economic
Zone) policies, cancellation of CLU (Change of Land Use) en masse in
Punjab by the Badal administration, and issuance of notice by Supreme
Court against builders releasing misleading advertisements.
The Qubrex Gurgaon Apartment Price Index (QuGAPI) is a trend indicator
about the apartments by private builders in Gurgaon. The QuGAPI is
based on a basket of properties that represent various builders,
budget ranges, locations, and projects under various stages of
construction in Gurgaon. The current value of the index is 1860, which
is less than 1876 in January 2007 indicating that prices have
stabilized. In addition, the quarter to quarter growth percentage is
negative 2% indicating that upward momentum for price increases has
now reversed.
The current price and rental listings provide the prices and rentals
for all major residential projects in Gurgaon, and is data which
reflects the reality of the marketplace. The listed prices are based
on the actual deals that are happening, and also on the confirmed
asking/offering prices at which deals can happen.
The "Ad Analysis" section has been updated with both the tallies of
the dealers/brokers ads, and also ads published by the builders/
developers. We believe that the quantitative data in the weekend
editions of the real estate classifieds, and the builders
advertisements published in the property supplements of the major
national newspapers are informative about the new and upcoming
projects, and also indicative of the market interest of the mentioned
properties.
The current issue of QuRES casts the spotlight on Ambi Mall/ Office/
Hotel which is being developed by
Ambience Infrastructure Pvt. Ltd. The "1" km long mall "0" km from
Delhi is ready for possession, and is located adjacent to DLF's Mall
of India. Both the malls are striving to set records in terms of size,
scale, and opulence. Despite the fact that even for office spaces the
ratio of the carpet area to the super area is lowly 50%, the Ambi
complex is seeing very strong interest, and is attracting top notch
brands. Another mall we believe that will give very good returns to
investors is Ansal Plaza in Palam Vihar, Gurgaon. If you are a
subscriber of QuRES, you will see the details on the website www.Qubrex.com
after entering your username and password that was sent as part of the
welcome package. The subscriber section is slated to go online on May
01, 2007
If any user want a complimentory copy of the news letter "QURES" write
to Qubrex@gmail.com or call 9811987371.
With warm regards,
Sanjay Sharma
(Managing Editor)
TABLE OF CONTENTS
Editorial 1
News Round-Up & From The Websites 2
Apartment Price Index 4
Current Rental Rates - Residential 4
Current Prices - Residential 5
Dealers Ad Analysis 6
Builders Ad Analysis 6
Number of Apartments In Gurgaon 7
Real Estate Funds & Investments 7
Spotlight 8
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