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“The construction work is going very well and fast. Completing five towers up to five floors,within one year, is representative of the highly efficient construction schedule required for a project of this magnitude. Logistical support and flexibility is a key factor in the successful construction and commissioning of the entire system. With a strong operational team on the ground, we continue to adopt a very prudent approach on the execution front and are committed to ensuring that this project remains on schedule.” Suninder Sandha,

Director Horizon Concept Pvt. Ltd.

Horizon Concept Byte

“A  common mistake that investors make is not to plan their purchase. It is important to think before you put money into a property. Your plan should cover all the factors that are necessary to reach an informed decision - the type of property, the locality, the rate of return you seek, the purpose of the purchase, budget and more” Suninder Sandha, Director Horizon Concept Pvt. Ltd.

Horizon Concept Byte

Real estate should not be a matter of impulse buying. Often people make the mistake of going  overboard on the cost of the house, thinking that they can make up for the shortfall in funds sometime in the future. Get your finances in line first. Talk to your financial advisor and also work with  your bank on the loan amount before you finalize your purchase. Once you know your budget, do not  exceed it Suninder Sandha, Director Horizon Concept Pvt. Ltd.

Horizon Concept Byte

The Noida authority has several plans for infrastructural development on this stretch of Noida, according to the new master plan; the recently approved Metro alignment will be developed to link Noida with Greater Noida, and later on at the Yamuna Expressway. The Noida authority has a plan to build a 3.9 km Metro line between Kalindi Kunj and the Botanical Garden crossing through Noida Expressway.  The authorities are also planning to provide Ganga water to the residents of this area. In terms of infrastructure, the authority plans to develop a road network of over 20 km, sewage treatment plants with a total capacity of 30,000 kilolitres per day, 126MW captive power generator. According to the new master plan, 70 per cent of the total area along the Noida and Greater Noida will be kept for green spaces. Also, the authority has approved and allotted the land in the master plan for 40 educational institutions and retail development projects Suninder Sandha, Director Horizon Concept Pvt. Ltd..

IRIDIA PROJECT – SCALES 5 FLOORS IN LESS THAN 1 YEAR!

Construction on Horizon Concept’s IRIDIA Project in Noida has progressed to 5 floors on all 5 towers simultaneously

New Delhi, 16^thApril, 2014:Horizon Concept, a prominent real estate developer in Noida has set new benchmarks for speed of construction in its flagship residential project. Construction at its  IRIDIAproject, located in Noida sector 86 has been going on at breakneck speed with 5 floors being simultaneously scaled on all of the five towers in the project within one year of start  of construction floor.

The Company commenced construction on this project in last year March, 2013 on its 6 acre project. With the construction of all the five towers progressing to the fifth floor the developer is hopeful of completing the project within the original timeline.

Mr. Suninder Sandha, Director, Horizon Concept Pvt Ltd. says,“The construction work is going very well and fast. Completing five towers up to five floors,within one year, is representative of the highly efficient construction schedule required for a project of this magnitude. Logistical support and flexibility is a key factor in the successful construction and commissioning of the entire system. With a strong operational team on the ground, we continue to adopt a very prudent approach on the execution front and are committed to ensuring that this project remains on schedule.”

Quality and timely completion of the projects are the key drivers of the contemporary realty world. Horizon Concept is a firm believer of this and ‘timely delivery’ of the projects.

ABOUT IRIDIA

IRIDIA in sector- 86, Noida (Expressway) is a 6 acre beautifully designed project of Horizon concept inspired by the grandeur of the 325 acre majestic forest. Iridia establishing 780 dwelling units, the company also intends to provide exceptional architectural facilities.

Features The Finest Environment

·         Iridia apartments-an integrated environ with the best updated facilities that noida sector 86 has yet to entertain.

·         A glorious self sustained world- created to thrive with the best in building materials, aesthetically designed.

·         Guarantees every facility for your security with state-of-art security system

·         Clean and serene environment encouraging health and active lifestyle.

·         Amidst lush green and interestingly landscaped open areas, with walkways, well planned out- road, and conveniences.

The finest luxury Apartments

Utmost luxury has been taken care of. The concept of power of space has been thoroughly followed; each apartment has been aesthetically designed to provide the best in luxury & comfort. Each apartment is lavishly detailed & equipped with the best facilities.

·         2 BHK - 900 Sqft

·         2BHK + Study - 1150 Sqft

·         3 BHK + Servant - 1500 Sqft

·         4 BHK + Servant - 2000 Sqft

·         24x7 security, High-end security phones

·         Uninterrupted electricity &Water supply

·         Power of space

·         Ample parking space

The finest interiors

Interiors at the stupendous luxury Apartments are amongst the best in elegance and feel the perfect balance between space and architecture is noticeable on the very first step in each apartment.

State-of-the-art fitting.

Every Detail let it be flooring, tiles, paint or finishing, has been minutely Taken Care of.

Modular Kitchen

The style and elegance is achieved in kitchen decor within the parameters of convenience and ease.

Care for Health

Special care Facilities for residents.

·         24 Hrs nurse Available

·         24 hrs doctor on call

·         Dedicated ambulance

·         Facilitation for any kind of treatment in nearest hospital

ABOUT HORIZON CONCEPT

Horizon Concept Group is a collaboration of Horizon Buildcon groupfounded by Mr. NareshSabharwalConcept groupand which was founded by Mr. Jasmittar Singh Sandha in the year 1996 with a vision to create an innovative company. Horizon Concept stands on the bedrock of tomorrow, of innovation and all the values that embody the spirit of exploration. Horizon Concept projects strive to go beyond expectations and create a unique life experience for their clients. Horizon Conceptis constantly delivering expertise that is composed of a distinct vision, immense strength, committed efforts and gained recognition as a leading turnkey solutions provider in the industry. The group has had a successful journey of constructing and dealing in sales/purchase/leasing. As a group they also excel in property management, Turn key projects such as Hotels, Malls and Housing properties. Horizon concept have delivered more than 1.7 million sq. ft of residential space, 1 million sq. ft of commercial space and 2 million sqft of govt./ public space.

Horizon Concepthave created  landmarks like Gautam Buddha University (Asia’s Largest University spread over 850 acres), Greater Noida;  Dr. Ambedkar SC/ ST Hostel, Greater Noida ;  SavitriBaiPhoole Girls Inter College, Greater Noida and Cricket Pavillion Sports Complex, Greater Noida.We have hotels like Sarovar Portico in Badrinath which is a landmark; Sarovar Portico in Rishikesh and DoosriMehfilin Sector-18, Noida.

For any media enquiry please contact Genie PR @ 09650009829

Horizon Concept Byte

This is the right time to invest in real estate in Noida Extension as in Real estate prices never fall. Clients can always bargain for better discounts and get the property within their budget. As per the master plan 2031, Noida Extension will have all that a home buyer dreamt of while finalizing the deal and this acts as a top attraction for the investors as they are bound to get good returns in future says Suninder Sandha, Director Horizon Concept Pvt. Ltd.

Horizon Concept’s byte on current scenario of the housing market in Noida Extension

Noida Extension has emerged as an upcoming residential hub with a promising future prospect and better life style. Real estate market in Noida Extension is experiencing an upward trend. Unlike before, the buyers are not hesitating before investing their hard earned money in the upcoming properties of this area and there are many reasons behind this positive response Suninder Sandha, Director Horizon Concept Pvt. Ltd.

Horizon Concept Byte

Real estate market like all other sectors is greatly affected by the health of the economy. As elections are around the corner, results thereof will definitely impact property prices.  A stable government is most likely to impact the real estate market positively. A lot will also depend on the policies of the new government the impact of which will be clear in second half of 2014. We expect the new government to accelerate decision making and policy formulation for the real estate sector as well.” Says Suninder Sandha, Director Horizon Concept Pvt. Ltd.

Coverage of Horizon Concept In Mail Today's(13 April 2014) Developers Forum Column

“The land pooling policy is definitely a step in the right direction to meet the ever growing need of housing. However it will take some time before actual supply is released through the execution of projects under this policy. Also projects in the NCR have their own strengths where some have locational advantages while others offer luxury housing at affordable costs and some projects offer both. The projects that may be developed under the land pooling policy may not always be able to match such unique offerings at all times.” Says Suninder Sandha, Director Horizon Concept Pvt.Ltd.

Indians are shopping for homes online now

 

Sourse:hindustantimes.com

 We would also like to inform that apartment in our new project noida nxt in greater noida will be also available online for sale.

मुम्बई में महंगी फ्लैट डील का बना रिकॉर्ड

Source:hindi.economictimes.indiatimes.com

But you can buy iridia residential apartments in noida at affordable prices

Realtors eye senior citizens as potential segment

Source:- Thehindubusinessline.com

For more info:- Residential apartments in greater noida

मुंबई के प्रॉपर्टी मार्केट में सनटेक का सूरज उगा

मुंबई के रीयल एस्टेट सेक्टर में सनटेक रीयल्टी अलग तरह की कंपनी है। मुंबई में काम करने वाली इस कंपनी में अहम निवेशकों की दिलचस्पी ऐसे वक्त में पैदा हो रही है, जब शहर की रीयल्टी कंपनियों के बारे में ज्यादातर एक्सपर्ट्स और एनालिस्ट्स की राय निगेटिव है।

अजय पिरामल कंपनी के इन्वेस्टर लिस्ट में हालिया नाम हैं। सनटेक में कोटक रीयल्टी फंड की 8 फीसदी हिस्सेदारी है, जबकि बाकी इन्वेस्टर्स में 3.2 फीसदी हिस्सेदारी के साथ अमेरिकी कॉलेज रिटायरमेंट फंड और 1 फीसदी स्टेक के साथ ट्री-लाइन एशिया फंड शामिल हैं। प्रमोटर कमल खेतान की हिस्सेदारी तकरीबन 74 फीसदी है।

कंपनी का फाइनैंशल परफॉर्मेंस इसमें इन्वेस्टर्स की जबरदस्त दिलचस्पी की कहानी बयां करता है। 2008 से 2013 के दौरान कंपनी की टोटल सेल्स 3,000 करोड़ रुपये रही, जबकि 2007 में यह 100 करोड़ रुपये से भी कम थी। कंपनी ने बिना ज्यादा लोन के यह लक्ष्य हासिल किया है, जबकि मुंबई के बाकी डिवेलपर्स सुस्त सेल्स और भारी कर्ज से जूझ रहे हैं।

Source:-navbharattimes.com

For More Info:- Residential apartments in greater noida

TIRED OF DELAYS, CUSTOMERS CAST DOUBT OVER PREMIA PROJECTS

Despite raising funds construction still to start on projects

Despite collecting booking amount from customers since its launch in 2012, Premia Corporate City in Greater Noida (West), is yet to see the start of construction. Tired of the delay and scared for the future of their investments, customers have now finally started raising their voices. In-order to find out why the project site still remains barren, The Pioneer investigated into the customer complains and stumbled upon some startling facts.

Voicing his doubts over the completion of his flat and the entire Greater Noida (West) project, Sen Gupta, an investor from Delhi said, “I had invested in the studio apartment of the project but till now nothing has happened. They had given me an allotment number but when I cross-checked it, I found out it was not a legitimate allotment number.”

Gupta has been travelling back and forth to the developer’s office and project site and says that the developer is non-committal about giving him his unit number or the final date of possession. “I once saw some documents from the Noida authority which states that the developer has not received building plan approvals for the studio apartment,” Gupta further added. While raising an important question, Gupta asked that how could the developer sell studio apartments without the proper building approvals?

In order to understand whether a developer is actually allowed to sell apartments in their projects without a building approval from the authorities, The Pioneer approached Confederation of Real Estate Developers’ Associations of India (Credai). While responding to the question, Getamber Anand, President Elect of Credai and Chairman & Managing Director of ATS Infrastructure said, “No developer can sell flats or any other units in the project without getting a building approval from the authority.”

Another Delhi based customer, requesting anonymity, said, “No one knows when the project will be completed and also what is the status of the land that is being used. I have approached the developers through various means but till now haven’t received any reply. Now I am worried if at all they would finish the project?”

To find the answers to these customer complaints, The Pioneer tried to approach Tarun Shienh, Chairman and Managing Director of the Premia Group through various means. When we tried to call the numbers given on the websites of the projects, the promoter was either not available or the staff had no clue about how to reach him. We even sent a request for an interview of Shienh on his personal website but till the time of filing the story, neither did the Group respond nor anyone from Shienh’s office.  

While investigating the customer complains, many interesting facts came up. With almost two years gone, it is quite alarming to know that the construction work on the project is far from the start while the Group launched its commercial project Crown of Noida, Premia Corporate City 2 in Noida Sector 62. Just like its predecessor, the commercial project site is also barren with no signs of construction. 

As per an insider from the real estate industry, “Till now Premia Group has raised almost Rs 1,750 crore as booking amounts from brokers and investors for two of its projects.” Even after ample money has been raised, the construction sites still remain barren. The biggest question at this point is, why hasn’t the construction started even after two year from its launch?

As per the insider, it seems the money is going everywhere except in the place which should have been the top most priority. While the Group has been spending heavily to erect hoarding across the capital and running advertisement campaigns on leading radio stations, they have not invested anything towards actually building the proposed project.

“Tarun Shienh has spent a good amount of money on himself. He got a Lamborghini for himself and almost daily travels in a convoy of expensive luxury cars. He is spending more money on his image than on the projects,” the insider further added.

As we dug deeper, another fascinating factor came up about the project. Premia Corporate City 2 on paper looks quite lucrative to customers as the group is offering assured returns on their investments. As per the project brochure, customers are promised a return of 12.5 per cent on their investments but with construction not even started, it is not clear how the Group would keep its promise.

Currently, home loans given by major banks lie in a range of 10.10 per cent to 10.50 per cent. So basically, Premia Group is offering customers an avenue of investment wherein they can take a home loan and repay it through the assured return which is almost 2 per cent higher. Normally, returns start to come once the customer has his house or shop which he then can put out on rent. With the construction not even started, customers investing in Premia Corporate City 2, might have to wait for a long time to even see if the project reaches delivery stage.

Normally, credibility of a real estate developer lies in the number of years he has been in the industry and how strong has been his delivery line. It seems on the front of experience, there are a lot of discrepancies on the side of Premia Group. While the broachers prominently highlight 21 years of experience in the industry, Tarun Shienh himself only has nearly four years of experience in the real estate sector.

As per Shienh’s profile on a leading professional networking site, he has a total work experience of almost 15 years that too mostly in sales and services. As far as delivery line is concerned, there is not much that can be talked about. Since the projects are far away from construction, completion and delivery seems a farfetched dream.

On paper and in front of public, Premia Group is quite vocal about transparency. Be it CMD’s profile or the group’s website, transparency has been given a lot of importance. But on the other side, The Pioneer has documents taken out from the Ministry of Corporate Affairs (MCA), which points out that Tarun Shienh is holding top positions in most of the 40 companies.

What is more interesting is that all these companies have the same registered office. As per the MCA, registered address of all these companies is a flat on the third floor in a residential colony of Patel Nagar, Delhi. One would wonder that this small flat would be jam packed with officials from all these companies but in reality, just like the construction sites, the registered office is almost always closed. We inquired by neighbours around this address, it turns out that in every few days someone comes and collects all the letters left on the front door.

This, real estate industry experts say, not just puts a question mark on overall credibility of Premia Group’s promoters but also highlights a leak in the monitoring of MCA on companies.

In the span of just three years, Tarun Shienh, now the Chairman and Managing Director of the Premia Group has created a lot of buzz in the real estate sector of Noida. Coming from a desk managing operations of the National Capital Region for HDFC Standard Life Insurance, Shienh now sits with a crown of “Property Guru” on his head. But the facts when investigated, raises multiple questions on this young business man’s credibility and transparency.

Source:- Dailypioneer.com


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