Category: Real Estate

When people look for a new home, it is no longer just about finding the right size and location. They want to buy into an area where there’s plenty of space as well as access to amenities such as schools, colleges so that their children can attend while they work from home if necessary – this has been spurred on by recent changes in society which have seen more individuals working remotely than ever before (or at least taking part time jobs). As interest rates remain low but stamp duty cuts make owning property even less expensive than usual these days; we’re seeing increased activity across all sectors except one: residential housing!

• The housing market was clearly slowing down in the first quarter of 2020-21 due to Covid-19. Residential properties registered a noticeable decrease during third, fourth quarters over average levels before pandemic.

 

• When the Covid-19 pandemic hit, it had a significant impact on economic activities in the country. The fact is that there was visible slowdown during this time period when housing market activity slowed down significantly from July 2020 – September 2020 and increased again by October of that same year following an official end to all quarantines across major cities with over 3 million population or more than one sixth of the global total at 4%. Residential properties registered per month reached pre-pandemic average levels between these two periods but only achieved about 60% growth rate while everything else like new home sales dropped dramatically under half their previous level.

With time, the housing market of India is reviving. A recent upsurge can be seen in residential properties as schools and offices are being opened. 

If you are looking for a property to reside in NCR, then what else is better than The Amaryllis by Unity Group! The Amaryllis by Unity Group has everything you’re looking for. Starting from its prime location to the amenities you get here, your right investment does it all. 

Developers dominate the real estate industry, and tough competition is always present. Each developer strives to offer better projects than the rest, whether it’s technology, infrastructure, or amenities, making it hard to choose the best developer out of the pack. 

Before you invest your hard-earned money, it would be best if you considered many factors. The property developer needs to meet several of your expectations, right from your budget to his deliverables.

 

Unity Group, since 1996, has been building success, working on the principles of transparency,  vision and commitment. Unity Group has earned a reputation as one of the most trusted developers in the real estate industry.  

Here are some tips for choosing a real estate developer.

 

1. Evaluate the developer’s track record

It’s the first thing that you should do. You must have all the pertinent information, such as developers, financiers and promoters. An overview of a project is always helpful because it helps to know who will make your vision come true. It is essential to take the time to look at the past projects with this developer to understand how they work together and their strengths so they can help make up for any shortcomings in other areas.

This step could save you from having problems further down into development, where everything becomes exponentially more challenging.

Unity Group’s success can be attributed to its ‘Zero Litigation’ business model. Through the philosophy of transparency, timely delivery, and customer satisfaction, Unity Group intends to establish itself as an industry leader.

 

2. Review necessary approvals

There is no need to cover all the legalities involved, but make sure to look into important factors like bank loans, land acquisition documents, and others. By doing this, you will ensure that any future legal complications will not affect the project.

As per the proposed sustainable design, The Amaryllis by Unity Group is slated to achieve LEED Gold certification (Green Building).

 

3. Talk with their existing Customers

Ensure that you verify with their previous customers and owners how well those developers delivered the project and how well they responded to customer inquiries.

Look at different platforms to see if users have left reviews. Contact them to learn more about the developers. This will also allow you to build a relationship with the existing owners at the same time.

Over the years, Unity Group has built trust & transparency with their clients, a symbiotic relationship. A profound focus on clients’ needs has led Unity Group to enjoy patronage by some of the leading names in retail, hospitality, financial services, and corporate sectors.

There is a lot of debate about the best investment opportunities for those who wish to increase their earnings manifold through investing in gold or real estates. For someone who is planning to make a short term investment or is willing to make an investment with limited cash in hand, investing in gold is a better option than investing in real estate. However, for someone with an eagle’s eye for opportunities and a willingness to gain solid returns on their investments, investing in real estate is a lucrative option. Here are some reasons why one should consider investing in the real estates:

 

Highly Secure– Although people mostly prefer keeping their earnings secure in a bank, it should be considered that banks will never take the liability for loss or theft of one’s savings. However, there is accountability in investing in the real estate sector because of Property Insurance, which provides protection against most risks to property, be it an accident, burglary, or any natural calamity.

 

Generates Income– Owning a rental property is a highly lucrative opinion if one is good with renovation skills and management of tenants. Investing in rental properties provides one with a regular income and there is also a chance of appreciation of the property with time. Unity Group has residential space available in Central Delhi, The Amaryllis which is a luxurious residential property that will only multiply in its value with time because of its modern architecture and amenities. Unity Group also has commercial spaces all across Delhi NCR. These commercial spaces have guaranteed high footfalls because of their location.

 

Deduction in Taxes- When it comes to earning more, the idea of paying more taxes comes as a baggage too. Investment in real estate becomes an all the more attractive option for those who wish to increase their earnings manifold due to the benefit of tax reduction. The benefit of tax reduction is given to an investor while investing in real estate because of the consideration of rental repairs, maintenance, cost of legal services, utilities etc. The Amaryllis by Unity Group is a luxurious residential project by Unity Group that gives investors an opportunity to save their expenditure on taxes.

 

Ideal for Long-Term Investment– An investment in real estate can be a settlement option for you. The properties in the real estate sector mostly appreciate with time and have guaranteed return on investment.  Also, while making an investment in other areas like gold can be a short term investment with immediate returns, investing in real estate has assured long term returns. The prices of gold keep fluctuating, but real estate properties, if bought wisely in a good location, is a lucrative option for investors. 

Unity Group has been successfully shaping Delhi’s skyline since 1996. It has painted Delhi’s skyline with colors of luxury, entertainment, wisdom, health, and success in various verticals. It is an amalgam of the various verticals it functions in. Each vertical is represented by a specific color that justifies its role in the functioning of Unity Group as a whole. 

 

The commercial projects by Unity Group signify the grandeur and power of Unity Group by painting Delhi’s skyline with the happy colors of entertainment and luxury. The Unity One malls located in Janakpuri, CBD Shahdara, and Rohini, along with Vegas and CityCentre in Dwarka are some of the commercial projects that have painted Delhi’s skyline with happy violet colors of entertainment and luxury.

 

A residential marvel in Delhi, The Amaryllis is the pride of Unity Group. Painting Delhi’s skyline with colors of strength and stability, The Amaryllis is one of the most iconic residential spaces in New Delhi. Situated in the premium area of Central Delhi, The Amaryllis offers luxurious 2/3/4/5 BHK apartments, close to the city’s main attractions like Connaught Place, India Gate, Airport, Rashtrapati Bhawan, etc.

 

Sprawling over Delhi’s skyline with colors of wisdom, Unity Group has constructed institutions that mould the young minds. VIPS by Unity Group create a holistic environment for learning in the education sector. VIPS also hones the business skills of the future entrepreneurs of the country through its learner-centric pedagogy and high-quality teaching. With child psychology based teaching aids and equipment, along with colorful air-conditioned rooms, Bon Ascent Preparatory School mixes learning and fun for the little ones.

 

Continuing to spread the colors in Delhi’s skyline, Unity Group has forayed into the hospitality sector with its budget hotel-Ginger Hotels in Vivek Vihar and Faridabad. These budget hotels offer a warm and comfortable stay and are equipped with amenities such as mini-fridge, LCD TV, air-conditioner etc. Continuing to build a new outlook for India, Unity Group is also planning on building a five star hotel in Vegas mall, Dwarka along with a business hotel.

 

Sprawling over Delhi’s skyline with optimism and creativity, Unity group has also made its contribution to one of the largest industries in the country, the automotive industry. Unity Group operates in car dealerships through Unity Hyundai.

 

Painting Delhi’s skyline with bright colours of health, Unity Group is coming up with a Multi-Speciality hospital spread over an area of 8 acres in Pitampura. It aims at providing world-class facilities and offering a conducive and caring environment for its citizens.

 

Unfurling the colours of success and determination over Delhi’s skyline, Aggarwal Marbles is a Unity Group venture that was established in 1984. Since then, it has grown boundlessly and is one of the largest importers & traders in Delhi. Aggarwal Marble has also been trading in quality Indian marble & Granites since the last 30 years.

 

Unity Group, with humility and gratitude, looks forward to spreading many more colors of success over Delhi’s skyline with its upcoming projects that will unfold opportunities for everyone.

 

Reduction in Circle Rates for 6 months will catapult the Real Estate Sector. The Delhi Government’s decision to slash circle rates for residential, commercial and industrial properties in Delhi has come as a huge bane for the real estate sector after the pandemic.

The circle rates have been slashed by 20 percent flat until September 30, 2021. The next six months will catapult the real estate sector and it will help the “fence-sitter buyers” to make quick decisions.

“The reduction in circle rates has been a long-awaited and highly controversial topic, especially for properties falling in “A” category, where the circle rate value of properties was much higher than the actual market value. The reduction in circle rates will incentivize property deals in Delhi. However, this reduction has been announced for a limited period of time and the government needs to address this with a long-term perspective.”

The pandemic has taken a toll on the real estate sector where the vacancy rate increased and there was a decrease in the occupancy rate. The decision to slash circle rates by the Delhi Government is beneficial for everyone and will attract new buyers to the market. “Market rates, which are invariably higher than circle rates, are nevertheless influenced by them as they act as a floor price for any property transaction. By bringing down the circle rate, the Delhi government seeks to create a conducive environment for accelerated housing absorption in the market.”

Although the reduction of circle rates is only for a period of six months at present, it is expected that the Government will keep in mind the interest of buyers and sellers of properties and address this decision from a long term perspective after looking at the benefits it provides to the nation’s economy.

2020 was a dreadful year that brought on some really unwanted and unprecedented situations before the real estate property market. The Coronavirus pandemic caused a severe cash crunch in the market. Where the prices of properties mostly remained unaffected in big cities, the prices of houses plummeted by 5% in many of the small cities. Many housing projects were shelved as there was an acute shortage of construction workers and real estate investment also fell down due to the lack of funds among investors. After enduring that storm, the sector is now looking towards a joyful recovery. We list some of the factors that could dominate how the real estate market might perform in India, in 2021.

1) Demand for Properties will climb up

In 2021, there are high chances of seeing a huge growth in employment opportunities across various sectors. As a result of this, plenty of people will migrate to cities. Ready-to-move-in properties will continue to be preferred over under-construction projects, as buyers consciously don’t want construction delays and look out for homes where they can immediately set up a comfortable and secure space of their own.

2) Continued low-interest rates

The Reserve Bank of India (RBI) has generously reduced the repo rate through consecutive cuts and now has left it unchanged at 4%, because of high inflation.  Home loan interest rates would, thus, continue to hover at the sub – 7% annual interest level for a large part of 2021. Buyers planning to benefit from a low interest rate regime must speed up and lose no time to complete the transaction.

3) Changes in workplace culture

This is especially true for IT/ITeS companies where the work-from-home model or the ‘hybrid model’ is increasingly becoming an integral part of their long-term strategy. Business CEOs all around the world are already looking to minimize costs and real estate sadly does become the prime target. The trend of consolidation at one place which was being considered by companies may now get realigned to the hub and spoke model. We may thus see smaller properties being taken up instead of single large offices.

4) Housing will prevail as the buyer’s market

India’s realty sector is going to remain a buyer’s market for the foreseeable future. This means, developers will have to be willing to negotiate deals, based on terms and conditions that shouldn’t be tilted in their favour. Amidst rising pressure on builders to shoot up sales numbers, they will also have to devise new strategies to offer cost benefits to buyers.

5) Foreign Investors will continue to bet on Commercial Real Estate

Foreign investment continues to be high on the rent yielding asset segment. Even during the lockdown, there has been good demand from foreign investors for quality assets in India, thus showcasing the confidence in the sector. Similarly, from an institutional investor perspective, REITs will continue to be the key theme and we will have more REITs hitting the capital markets in 2021.

If you, like most people are wondering whether to buy your first dream home or

not, we are here to make your job easier by giving a few reasons why you should indeed buy one and why it should be The Amaryllis. This decision is a big one and any reasonable individual will put careful thought in it before making the final call.If you have reservations about it – it’s a quite normal thing. The more you know about why you should buy a home, the less scared you will be throughout the process

Sense of pride in ownership and freedom

Pride of ownership is quite possibly the prime reason why people enjoy owning their own homes. Also the freedom that comes with it is unmatchable – you can paint the walls yellow or grunge, play your music at any volume you like, make permanent changes and decorate the home according to your desired palette.

Security and Stability

Homeownership also gives your dear ones and you a solid sense of stability and security. It’s investing in your future—equity that will grow with you the longer you are in the home. We all know money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home. And ultimately it becomes the most symbolic heirloom that can be passed down the generations.

Mesmerising views and a signature address

Let’s be honest, there are a few things in the world that trump the joy of waking up to a beautiful view. Opening your eyes and laying your eyes on a stunning reality can instantly set your mood for the whole day. Meanwhile, having a phonetically pleasing and discoverable address is always at the back of our minds when looking for a dream home. With Amaryllis you get the best of both the worlds!

Peaceful and Harmonious life

Whatever we achieve and accomplish in our lives, it is always going to be incomplete if we aren’t at peace with ourselves. One can’t deny that owning a home relaxes the mind as we tick that one major box off our bucket list. Coming back to your very own humble abode after a tedious day provides you with quietude and calmness in the ever hustling-bustling life.

Luxurious lifestyle

Luxury is something all of us fantasize about every once in a while. What if we tell you that it can be an everyday thing? You are given sleek and world-class designs and interiors coupled with great infrastructure which serve as a treat to your eyes everytime you look around. We are making luxury more accessible for people so that everyone can enjoy it as they so please.

Community Living

At The Amaryllis, your rocking social life will add spark to your dull days. Getting together, intimate social events and chit-chat, grows the feeling of community and belongingness and further harbors a perception of similarity and differences coming together.

Social Culture

The fondest memories are created while doing fun activities with friends and loved ones. It is always best for kids to grow up surrounded by their friends who they can play and learn with. As for adults, independent living and freedom to do what you desire and when you desire it, is the most important part of their lifestyles. At Amaryllis, we understand that and do our best to cater to your needs.

In addition to the above mentioned reasons, we’d like to tell you that a dream home is bought only once. So there is no harm in taking as long as you need to equip yourself with all the necessary information to make a decision that benefits you in the long run. The very beautiful Amaryllis comes with benefits that are manifold from spectacular views to a thriving social life – you name it and it can be yours. We hope you choose wisely, happy house hunting!

Real estate investment, whether it is a commercial property or residential property, is a big deal for us Indians. Rather than a logical one, it is more of an emotional operation. There’s a special satisfaction that comes with staying at home. They’re yours, you bought them, you own them, and you can decorate them any way you want. Another big explanation of why we want to purchase a home is that we can. With today’s easy availability of home loans and relatively low-interest rates, individuals in their twenties are able to buy luxury homes that otherwise would not have been possible. 

The buying or sale of a house is not something that most people do every day. You can do this once in a decade, or even once in your life. Unity group comes with a great option for investment to people where they connect different real estate developers. Although most people seldom enter the real estate world, they all believe they know how it works on the basis of friends and family members’ experiences, stories they have learned, and things they have read.

Here are the most common real estate myths that buyers and sellers can come across: 

• Set the selling price of your home higher than what you plan to get 

Listing your home at a price that is too high can not necessarily get you a buyer. That’s because shoppers just don’t even look at homes that are priced above market value, and their real estate agents. It’s true that if the house doesn’t receive any offers in the first few weeks, you can still reduce the price. But it does come with its own collection of issues. Houses that sit too long on the market are highly suspect to buyers.

• If you do not use a real estate agent, you will get a great price as a buyer. 

That’s an untrue premise. However, while no brokerage is involved, you must take into account that purchasing or selling property requires a lot of paperwork that could be done for you by the agents. The agents also have more understanding of other projects in that area that suits your budget and can give you better choices. In addition, these agents have a better knowledge of the social infrastructure of that area. If looking for a profitable investment solution in real estate then the Amaryllis by Unity Group is one of the best places for investing your hard-earned money.

• You can save money by selling your own house. 

Some individuals sell homes on their own successfully, but they need the expertise to get the home advertised online, advertise the home in many magazines to attract potential buyers, negotiate the contract and then deal with any complications that occur during the stages of inspection or loan application.

• It is too dangerous, too risky. 

Risks come with every investment. Every person also has a different risk level that they are comfortable with. Some investors tend to use triple-net leases because then all property costs are handled by the tenant, which decreases the risk to the investor. Real estate is just about the best investment you can make in terms of risk since it regularly surpasses the stock market and is a real tangible asset that you can touch and feel. 

• You need tonnes of cash to spend, 

If you can prove that the revenue opportunity is worth it, lenders can provide you with a loan for commercial real estate investment. The average return on investment is 6-12 percent in commercial real estate because the income stream is reasonably consistent. 

•  It’s hard to find decent offers 

Actually not. In commercial real estate, there are always good investment opportunities, but the secret to finding them is to consult professionals who specialize in this field. No need to worry about offers, Unity one Delhi comes with great offers to their customers so that it’s a win-win situation for them and can get a profitable investment solution.

In times of uncertainty, investment in property remains secure and reliable. The economy of India may not be in the best condition, but the surge of new technologies towards a promising future is taking place, and some of the tension is sure to be alleviated by the market-friendly election outcome.

The time is now for those considering investing in property, as the recent negative rise in real estate prices allows for a buyer’s market. There can be lots of investment options available but investing in real estate is one of the most profitable ones in long term. When it comes to making profitable investments in real estate then the first thing that comes is The Amaryllis. The Amaryllis made it easy for the people to make the best use of the investment and generate a good ROI. Here are some helpful property investment tips if you’re new to the game.

Understand the spending 

It’s important to have a thorough understanding of your cash flow before investing in real estate. Also, ask your bank for your investment loan to be pre-approved, so you know how much you can borrow before you start looking for land. 

Don’t underestimate continuing expenditures 

For rates, benefits, and general maintenance, make sure you budget enough. And do what you can to avoid expensive maintenance problems, such as removing aging taps, after you have purchased your perfect investment property. 

Invest in a growth field

In an environment where there is a high demand for rental accommodation, try to select an investment property. It would make it more appealing to tenants by purchasing a property close to transport, universities, and colleges.

Be realistic about your expectations for investment

Are you looking for quick capital growth or are you looking for a long-term hold on the property? It’s much easier to renovate properties during boom times and turn them over for a fast profit. It can take several years to achieve the same growth in slower economic times. While a house on a steep block could have a spectacular view

To increase value, consider buying and renovating properties 

These are some of the best ways by which you can make a profitable ROI in the real estate field. If you’re planning to invest in real estate with minimum risk then the Amaryllis will be your one-stop investment option. The Amaryllis is upcoming luxurious project in real estate and has created a great market share for their luxurious apartments and housing solutions.

Most of us want our home to be decorated. But it can be really daunting to think about putting all the work and cash into it. One space at a time is the most realistic way of decorating your house. You won’t feel stressed that way. It’s not going to make your wallet feel heavy either. 

To revamp your space, here are some simple, budget-friendly home decor ideas: 

On the walls, mix it up 

Using the passageway or walls of the hallway to make it a gallery wall and oomph it up. Just don’t stick to pictures. Mix it up! Photos, decorative frames, quotations, mirrors, or some other funky wall decor may be used. 

Make a major declaration 

On your wall, install either a large piece of canvas painting, a large fancy vase in a corner, a fancy piece of furniture such as a bar unit, or an accent chair. To immediately give your home a rich and classy feeling, pick something that makes a statement.

Go Green 

By adding plants, whether hanging plants, large indoor plants, faux plants, plant frames, or succulents, the easiest, simplest, and most economical way to add aesthetics to your home is. 

Show your collection off 

Adding your home to a display unit will make it look more spacious and accessible. Also, you get a fancy storage room. Your books, collections, memorabilia, antique items, and eccentric belongings can be displayed. 

The Colors Splash 

Let your character be expressed by the colors you select for your home décor. If you don’t know which color you want to mix with your favorite color, just do a fast Google search and you’ll be able to pick from various choices.

Cosy lighting, cozy lighting 

It can make a huge difference to the lighting in the building. Ensure that during the day there is a lot of natural light coming in. All you have to do is add lamps, fairy lights, or candles to make it a comfortable setting in the evening. To add a romantic feel, follow this home decor idea for your bedroom. 

Dress it up for yourself 

By changing your fabrics, you can change the look of the home. To give your room a new and fresh look, adjust your cushion covers, area rugs, and curtains. For your living room, the perfect home décor concept is to layer various fabric textures. This will give your living room a little extra oomph. 

DIY it, DIY it 

Have they not yet invested in decorative pieces? Don’t be afraid. For your home decor, there are a lot of simple craft ideas you can find on the net. To add a nice touch of personalization to your house, reuse bottles, fabrics, pieces of furniture, or anything you can spice up and revamp.

Placing furniture 

Rearranging the furniture is the fastest way to refresh the look of your room. Make the best use of space when putting your furniture in place. Build a layout to make your home look roomier. 

The mirror, the wall mirror 

To make a tiny home look larger, the best home décor idea is to add large mirrors. This will really open your home up and brighten it. If a large mirror with a unique frame can be found, it will not only offer an illusion of a larger room but will also add to the aesthetics.