Sunday, February 03, 2008

Real Estate developers catering to specific needs of Chandigarh buyers

Real estate developers are now catering to the specific needs of upmarket buyers, including non-residents, providing accommodation that spells class, elegance and luxury. he search for that ideal accommodation that spells fine living brings Jalandhar-based industrialists Simardeep and Gundeep Singh to Mohali, where there are superb options for possessing a 'dream home'.

Designed to Andalusian, Mediterranean and Spanish architecture specifications, the villas here are a perfect blend of style and form. The interiors are the epitome of elegance and quality lifestyle.

"Several construction companies have been providing magnificent real estate options including mansions and condos. Earlier, people went abroad to adopt a posh lifestyle. Now, with everything is available in India, people will stop moving abroad," said Gundeep.

Recently, Real estate major, Ansal properties and Infrastructure announced the launch of its high-end vertical township - Orchard County.

Deepak Sachdeva, COO, Punjab, Ansal Api, said: "The number of NRIs from Punjab is very high. These people when they travel abroad, they come across such international concepts that are an inspiration to have similar facilities and set-ups back home."

In addition to town houses and villas, the Mohali Hills project launched in 2007, includes convenient shopping malls, landscaped gardens and recreational centers.
on the 'Street of Dreams' project of Emaar MGF, a joint venture between Emaar Properties of Dubai and MGF Development Limited of India, the Mohali Hills is an ambitious integrated township constructed over an area of about 3000 acres.

Carrying a price tag of over 25,000 US dollars, these villas are a step towards unveiling a truly international lifestyle for the residents of Punjab and adjoining areas.

The project also includes apartments in two, three and four bedroom sizes and penthouses.
"If you look at how India has come up since 1991 to what it is today and look at what it might be in the next 16 years, India is incredible. We want to be beyond the top of the wave and offer appropriate lifestyle propositions to Indians," said William Rattazzi, CEO, Emaar-MGF.

It is not just Mohali which is on the list, as real estate developers have plans to move towards Ludhiana, Amritsar and Jalandhar.

So, the NRIs belonging to Doaba region can plan for a villa or a penthouse in their hometown.
Source:// thecheers.org

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