15 March 2014
14 January 2014
Limited Time 40:60 Offer for Nearing Possession Projects: SG Indigo (Raj Nagar Extn.) and SG Homes (Vasundhara)
SG Estates Ltd. has launched a limited time attractive offer for customers for its project SG Indigo, exclusive 3 BHK tower in SG Impressions 58, Raj Nagar Extn. and SG Homes in Vasundhara Ghaziabad where customer can pay 40% within 30 days and balance 60% on offer of possession. This payment plan is not only pocket friendly but also ensures that the price of the dream home is locked just by paying 40% and also lowers burden of pre emi.
Possession for SG Indigo Tower is expected to be offered by March 2014. This is a limited time offer and company is receiving tremendous response for the same.
Gaurav Gupta, Director, SG Estates Ltd.
2 January 2014
Construction Updates of SG Impressions 58 Phase-II Indigo Tower
For latest Construction Updates of SG Impressions 58 Phase-II Indigo Tower,Visit - http://sgestates.in/Construction-Update/12/Indigo%20Tower,%20SG%20Impressions%2058.html
25 December 2013
2 December 2013
Nearing Possesion SG Impressions 58 Phase-II 3 BHK Indigo Tower,Rajnagar Extension.
SG Impressions 58 Phase I- After delievering its Second Phase i.e SG Ivory Tower(2 BHK),Another phase i.e SG Impressions 3bhk Indigo Tower of SG Impressions 58 is Nearing Possesion.Construction on Advanced Stage..For More details Visit - http://sgestates.in/Residential/12/Indigo%20Tower,%20SG%20Impressions%2058.html
Actual Pics -
13 October 2013
7 October 2013
Painting Workshop and Competition organized at SG Impressions 58, Raj Nagar Extn.,on Gandhi Jayanti (2013): SG Estates Ltd.
Mr. Anupam Dixit, Director with his Wife (an expert in origami) from Artworx first briefed for 90 minutes on Fundamentals Of Arts and Origami (Japanese Art of Paper Founding).There after competition was organized in 2 age groups.
Creativity and passion shown by children with their whole hearted participation was unimaginable.
Top winner in the age group 10 -15 Years was Anshika Jain(Flat No. 501) followed by Harshit Tyagi(Flat No. 308) and Pulkit(Flat No.
1014) in 2nd
Attractive Prizes were given to the winners by Mr. Gaurav Gupta;Director of SG Estates Ltd who also felicitated Participants and thanked organizers and Team SG for their active coordination.
1 October 2013
SG Estates Ltd - Festival Bonanza Great Offerings For Limited Time Period
We at SG Estates Ltd. are committed to bring attractive and lucrative festival offers to buyer who look forward to get not only the dream home but with something extra in the festive season.
This time we are offering "Free Registration" for ready to move in properties for our projects in Raj Nagar Extn. namely SG Impressions Plus and SG Indigo, and SG Alpha Tower in Vasundhara from 1st October 2013 to 31st October 2013. . Company will bear the 7% cost of stamp duty that has to be paid for property registration, resulting buyer will not have to arrange for the hefty amount that has to be paid for getting the property transfer. The benefit is worth Rs.4.75 Lacs for a 4 BHK flat. This is a very attractive proposition for the customers and we hope to generate good sales in the dull market scenario.
For under construction properties we are offering LCD (32 inches ) and 1.5 ton AC with every booking.
This time we are offering "Free Registration" for ready to move in properties for our projects in Raj Nagar Extn. namely SG Impressions Plus and SG Indigo, and SG Alpha Tower in Vasundhara from 1st October 2013 to 31st October 2013. . Company will bear the 7% cost of stamp duty that has to be paid for property registration, resulting buyer will not have to arrange for the hefty amount that has to be paid for getting the property transfer. The benefit is worth Rs.4.75 Lacs for a 4 BHK flat. This is a very attractive proposition for the customers and we hope to generate good sales in the dull market scenario.
For under construction properties we are offering LCD (32 inches ) and 1.5 ton AC with every booking.
27 September 2013
SG Estates Ltd. - Rajnagar Extn. still customers prefered choice due to budgeted homes(India Today Coverage)
Rajnagar Extn. still customers prefered choice due to budgeted homes says Gaurav Gupta Director SG Estates Ltd.(India Today Coverage)
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16 September 2013
Is the RBI decision of curbing 80:20 schemes right in this tight money market scenario?- Brief View Point by Gaurav Gupta, SG Estates Ltd.
Real Estate Industry is a highly capital intensive industry and no matter how much capital you invest in, funds are always scarce to acquire new projects due to sky rocketing land prices and all sorts of curb put in place by RBI on land funding by banks. Current market scenario is not very encouraging due to negative economic sentiment, global factors and falling domestic economy. In this situation of low sales and resultant liquidity woes, developers innovated the idea of old subvention schemes in the name of 80:20 or 75:25 schemes where buyer just have to put in initial margin money, banks used to fund the balance to developer on behalf of customer and builder used to service the EMIs on behalf of customer. So it was a win win situation for all 3 parties- Customer, Banks and Builder. Customer doesn't have to bear the burden of EMIs, banks disburses all and poor builder gets the money.
So where is the problem and why did RBI acted as a party spoiler.
RBI is of the opinion that if builder defaults in paying EMIs to the bank, it will be considered as default on part of buyer and also credit score of buyer will be affected. Also RBI wants to curb fund diversion which might happen due to surplus funding with the builder. But I believe that surplus funds with developer is a myth and not reality in the current situation.
It would have been better if the scheme would have continued for some more time. Though SG Estates Ltd. does not have any such scheme on any of the project at present but industry at large needed this support at this time.
RBI though has done a wonderful job in protecting the interest of the customers and has ensured safe landing but it is also expected that Real Estate Industry be given the due hand holding that is required. Real estate industry supports more than 100 ancillary industries and if real estate grows, so does economy.
Gaurav Gupta, Director, SG Estates Ltd.
So where is the problem and why did RBI acted as a party spoiler.
RBI is of the opinion that if builder defaults in paying EMIs to the bank, it will be considered as default on part of buyer and also credit score of buyer will be affected. Also RBI wants to curb fund diversion which might happen due to surplus funding with the builder. But I believe that surplus funds with developer is a myth and not reality in the current situation.
It would have been better if the scheme would have continued for some more time. Though SG Estates Ltd. does not have any such scheme on any of the project at present but industry at large needed this support at this time.
RBI though has done a wonderful job in protecting the interest of the customers and has ensured safe landing but it is also expected that Real Estate Industry be given the due hand holding that is required. Real estate industry supports more than 100 ancillary industries and if real estate grows, so does economy.
Gaurav Gupta, Director, SG Estates Ltd.
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