Earth Infrastructures Ltd’ concerns towards Stamp Duty hike

Rumours take a toll over the city every now and then and sometimes the Nation & some specific region, and spread like a forest fire in no time. Eventually, people start panicking about the future, keeping the rumours’ probability in mind. Something of this sort recently happened in real estate industry and the district administration has to intervene and assured the interested home buyers that registries’ stamp duty would not hike with the opening of new financial Year.

The whole real estate industry in Delhi, NCR was in turmoil before the concerned authorities officially stepped in. It became a talk of the town that the stamp duty will supposedly increase from 5% to 7%, April 1, 2016, onward. The officials of the administration also mentioned if stamp duty would ever get increased in future, it will only happen after a notification.

Although the stamp duty has been increased by 2% in Noida and Greater Noida region, after the UP cabinet approved this hiking in stamp duty. The city based land developer, Earth Infrastructures Ltd have shown its concerns towards the burden that home buyers will have to bear, which is the direct hike of Rs 1-2 lakh on him/her. Earth Infrastructures Ltd also mentioned that the revenue department might earn additional Rs 100 crores due to this hike.

Other city-based developers are predicting that this hike in stamp duty will definitely affect the real estate negatively in GB Nagar. The additional District Magistrate, Rajesh Yadav clarified in a press release that the administration has not received any notification or communication regarding stamp duty hike in Gautam buddha Nagar. Therefore, Yadav assured that there is no need to panic. If any change takes place in registration, it will be communicated to all in time.

Home buyers, on the other hand, are in a rush to get the registration of their properties done as soon as possible. Looking at the chaos, some government officials are advising the home buyers and developers, to take the help of constitution, especially The Registration Act, 1908.

‘Online uploading of Property details by Noida Authority will prove to be a great move’-Earth Group

Noida Authority will soon put property details online in order to bring transparency in property records. Earth Group, a widely known and trusted name in the real estate sector states that it is a great initiative by the authority that will make information available to people at a click of button and accessible from anywhere in the globe. The details will be online by the end of April 2016.

Further, it has been stated that the project is aimed at bringing all properties of Noida (industrial, commercial, residential or institutional), under one roof. Around 129 group housing property details have been uploaded online by the authority at present.

Earth Group has stated that the proposed project will be time-consuming, but would definitely make everyone’s life easy.

 This online system is supported by the Nutan Thakur, Lucknow based social activist who has put forward the demand that all property details in Noida, Greater Noida and Ghaziabad should be online without any delay.

The web portal of the concerned authority will provide the complete information to the people about the property they own. It will be a great move as it will enable to retrieve information about any property within minutes.

Earth Group highlights the ideal residential NCR areas for homebuyers

Earth Group, one of the leading realty entities points out the NCR areas which are a lucrative option for residential and commercial purposes. Earth developers highlight the pros and cons of residential options which should be considered by the potential buyers before making an investment

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The potential buyers have a number of options in attractive locations such as Faridabad, Ghaziabad, New Gurgaon, Greater Noida (West) and sectors along the Noida-Greater Noida Expressway. According to the Residential Investment Advisory report 2016, Ghaziabad has a limited scope for expansion.  Earth Group states that due to the increasing demand of residential apartments along the National Highway (NH)-24, there arises a dire need of ensuring good road connectivity. Therefore the widening of NH-24 assumes such importance.  The ready-to-move-in units in Vaishali, Indirapuram and Kaushambi are emerging as ideal residential locations. The development process of Faridabad is slow despite its good connectivity with Delhi and the Gurgaon residential market. 

The growth in the industrial and manufacturing sectors has limited the sustainability of residential developments in Faridabad. It is not considered to be an attractive option for realty investment and the price growth in Faridabad is likely to be muted.

Noida Extension (now Greater Noida West) has emerged as an ideal and affordable residential location in NCR.  The litigation-free 18-km Dwarka Expressway will have a major impact on the real estate scenario in Gurgaon. It will make Gurgaon an ideal residential location having the much-needed alternative connectivity between Delhi and Gurgaon.

Earth Infrastructure conferred ‘The World’s Greatest Brands & Leaders 2015 – Asia & GCC’ Award

Earth Infrastructures , a prominent name in the real estate sector bagged the World's Greatest Brands & Leaders 2015- Asia and GCC’ Award in the Real estate category.  It is yet another benchmark of success established by the company. ‘The World’sGreatest Brands & Leaders 2015 – Asia & GCC’ Award is regarded as the biggest multi-industry research-based project. It has acknowledged the company’s overall excellence and recognized it as one of the most renowned brands across Asia.

The event was organized by the Indo-UAE Business Summit 2015, in association with IBPC-Dubai -India Business. It was a two-day summit held at Jumeirah Emirates Tower Hotel Dubai UAE in December 2015 which felicitated 150 Brands from across 16 industries & 12 countries of Asia & Arabia, and 100 Leaders from Business.

The nomination and selection process was based on the research results provided by United Research Services. The entire process was reviewed by PricewaterhouseCoopers and the winners were chosen by consumers and industry experts. The leaders and brands which got selected will be featured in Print, Portal and Broadcast formats across Asia.Various renowned brands like Tata Tiscon, LIC, Bajaj Allianz, UAE Exchange, JK Cement, Airtel, Taj Hotels, ICICI Bank, Infosys, ITC, Jindal Steel & Power, ISB Hyderabad, and Emirates Airlines were nominated along with Earth Infrastructure ltd.

On being nominated and receiving the acceptance letter, the official spokesperson for Earth Infrastructures ltd said, “It is a great moment of pride for the company to be nominated for ‘World's Greatest Brands & Leaders 2015- Asia and GCC’ Award. The nomination has been earned after years of dedication and commitment to deliver consumers with nothing but the best in terms of quality and comfort.”

The world's Greatest Brands 2015 Asia and GCC Award in the ‪‎Real Estate‬ category

Earth Infrastructures Ltd, Earth Infrastructures Ltd, a chief land designer in India, has launch itself to join the group of perceived huge brands crosswise over Asia. Earth Infrastructure has been designated for a standout amongst the most prestigious honors " 

The World's Greatest Brands and Leaders 2015 – Asia and GCC'. The designations and victors for these honors are picked by customers and industry specialists. The occasion is being sorted out by the Indo-UAE Business Summit 2015, in relationship with IBPC-Dubai - India Business in the month of December 2015 at Jumeirah Emirates Tower Hotel Dubai UAE. 

Earth Infrastructures has been named after the examination results gave by United Research Services. The whole process is being checked on by PricewaterhouseCoopers P.L. Earth Infrastructures has officially gotten the acknowledgment for the same

Employees Reviews for earth infrastructures Ltd

Employe (Former Employee), Sec-16, Noida

Earth Homes Private Limited is amongst the leading Real Estate Consultants in India. It is one of the first few organizations in NCR, who recognized the importance of investing in Indian real estate market. The head office of our company is based at the most flourishing city Noida, adjoining the Indian capital city New Delhi.

Earth Homes Private Limited leadership team comprises some of the best minds in the industry, with vision, experience and strategic acumen to steer the organization towards unprecedented achievements. An organization where quality meets excellence, technology meets aesthetics and passion meets perfection. Aspire to bring world class technology, ideas and designs in to real estate development.

‘Approval of Real Estate Bill offers a ray of hope to the stagnant Real estate sector’: Earth Infrastructure

The approval of the Real Estate (Regulation and Development) Bill, 2015 by the Union Cabinet will boost sales in the real estate sector. Earth Infrastructure ltd, a prominent name in the realty industry states that it will prove to be a great move for realty sector and result in the increase in sales and clearance of unsold inventories of realty developers.  The Bill focuses on ensuring timely execution of projects which is a great measure to safeguard the interest of consumers.  It will further increase the demand in stagnant realty market.

Reflection upon the current scenario in real estate sector, the official spokesperson of Earth infrastructure said that, “There have been several cases of procedural delays and projects failing to meet deadlines. The National Capital Region (NCR) has a number of unsold, delayed & slowed down projects due to certain economic factors and stagnancy in the realty market. “

Ramesh Nair, COO & International Director, JLL India says, “The aggregate of residential unit sale in Mumbai in previous four quarters has jumped up 28% when compared to the corresponding period one year ago.”

According to Surajit Chanda, regional head, Sobha Ltd. (Pune), sales velocity has slowed down in the city. “The market is going through stress. And buyers are taking more time to buy. Primary demand is between 30-70 lakh segment all across the country. In the premium segment, say 1 cr and above, there is certain movement, but not as is expected,” lamented Chanda. He further added that,” Developers have over leveraged themselves. They picked up more than they can chew.”