Tarun Shienh Managing Director of Premia Projects Ltd awarded a Title of Indian Real Estate Guru by Property Observer, Leading Real Estate Lifestyle Magazine

Tarun Shienh awarded with honor of being a Real Estate Guru becomes the face to India’s dynamic and evolving Real Estate Industry and promises to deliver some of the most innovative and unmatched projects in coming years.

Tarun Shienh a Real Estate Veteran and Visionary Entrepreneur who has over 17 years of rich and diverse experience across real estate and financial services industry with his forte of delivering world class high quality and innovative real estate projects in India. Under his fine leadership, “Premia Projects Ltd” has incorporated Quality, Trust and Transparency ethics in the company, to deliver quality and value to its customer. This equipped the company to develop a strong bond of trust and faith of brand “Premia Projects” in Indian Real Estate Industry.

Premia Corporate City launched by Premia Projects Ltd at Greater Noida (West) in 2012 was announced as India’s First Corporate City, which not only created the buzz in Indian Real Estate but the project also became the most preferred and promising commercial real estate ultra-luxury project. Premia Corporate City was awarded as “Premium Project of Year” and “Best Location in the City” awards by Builders Council of India (BCI) in 2012 for its innovative approach and best location selection. Success of the project goes to Mr. Tarun Shienh, for his innovative approach and commitment of delivering one of the best standards in the projects being launched by Premia Project.

Premia Corporate City infact is ahead of times as compared to other Commercial Real Estate Projects in Greater Noida and Noida Extension with its management under fine leadership of Mr. Tarun as Managing Director and Key Consultants including Design Team 3, Singapore and ADI Ltd, Hongkong which are best in the industry for their excellence. This Corporate City is actually giving new dimensions to real estate in Greater Noida and promises to be India’s Next Corporate-Commercial Destination.

Tarun Shienh – The Real Estate Guru

After creating the success story into commercial real estate, Tarun Shienh was recently introduced on the cover page of Property News Magazine, Property or Paisa, as the Man who changed the name and set new dimensions to commercial real estate in India. Therefore he got recognition and honor by not just real estate fraternity but was also seen at Money Today’s (India Today Group) FPCIL Awards at Mumbai. For his excellent and exclusive forte, recently Property Observer, leading Property Lifestyle Magazine awarded him the title of “Real Estate Guru”.  For making a connect with Investors and Customers, Mr. Tarun Shienh recently announced his Facebook and Twitter Profile going public so that his experience could Connect Investors or Customers Expectations with Indian Real Estate Trends.  Quoting on the Title awarded to him of being a Real Estate Guru by Property Observer Mr. Tarun Shienh quoted, “It’s really a great honor and a responsibility to be a Real Estate Guru, so I’ve to responsibly hold this by delivering some of the unmatched world class projects to the industry in future”.

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Commercial Real Estate Projects in Noida-Greater Noida

Greater Noida

Noida and Greater Noida is upcoming Commercial Hub in Delhi – NCR ideal for Investors looking for Capital Appreciation and Rental Income, may it be Commercial Projects, Residential Apartments, Luxury Villas, Office Space or Townships

In recent years, Noida and Greater Noida had been a prime focus among Real Estate Developers and Infrastructure Construction organizations with an announcement and launch of several Commercial and Residential projects in this region. With many upcoming promising projects in Noida and Greater Noida, its now a preferred location for Investment in realty sector.

Actually Noida, Greater Noida and Noida Extension due to its world class infrastructure, scope of expansion with intersection connectivity to many industrial and commercial cities like Delhi, Dadri, Sikandrabad, Aligarh, Agra, Mathura and Faridabad and proposed Metro Connectivity in coming years will be going to be another Corporate-Commercial Hub in coming years. “Yamuna Expressway, formerly known as Taj Expressway”, in itself is a milestone project connecting Delhi and Agra which actually made Greater Noida an upcoming Connecting Hub between Delhi-Agra. Apart from that Greater Noida Expo Centre is going to be most preferred Event Hosting Venue for Exhibitions, Conferences and Events.

Recently another promising commercial project was announced in Greater Noida, Knowledge Park 5, “Premia Corporate City“, which is actually projected as India’s First Corporate City. Premia Corporate City with its experienced and renowned Key Consultants as Design Team 3, Singapore and landscape architects ADI Ltd, HongKong is going to provide Greater Noida another milestone project, preferred by Investors for its investment advantage and appreciated by real estate fraternity for its masterpiece planning. So this commercial real estate project by Premia Projects Limited is going to be an upcoming Business Centre and Corporate Park, as the project is strategically planned to deliver every need of Corporates, may it be Ideal Project Location, World Class Infrastructure, Luxurious Service and Amenities or Investment Benefits with Capital Appreciation.
• For Detail About Premia Corporate City Visit: www.premiacorporateprojects.com
• Updates and Announcements Connect to Facebook: www.facebook.com/premiaprojects

Premia Corporate City, Knowledge Park 5, Greater Noida (West) by Premia Projects Ltd Offers Commercial, Retail and Office Space, Serviced Studios, Duplex Power Villas, 5 Star Hotel, Golf Course, Amusement Park, Food Court, Retail Mall, International Gym, Multiplex, International Spa, Banquet Hall, Space for ATM & Banks, 5 Star Clubs

India realty sector to get $4-5 b investments

Source: Deccan Herald: 27th Jan 2013

Investments seen shifting from bonds to real estate

India’s realty sector is set for inflows of $ 4 to 5 billion from global investors in the next couple of years, with Bangalore, Delhi and Mumbai emerging as favourites, according to the  Asia Pacific CEO of global real estate consultancy firm Jones Lang LaSalle (JLL).

“The early foreign investors in India, who came in around 2006-07, did not have very good experience, partly because of their inexperience in doing business in India and partly because of global financial crisis,” Alastair Hughes said at the World Economic Forum (WEF) Annual Meeting.

They don’t seem to be perturbed by it as India’s growth rate is still an attraction, according to him. “Foreign investors are now looking with a renewed interest at India, given its still robust economic growth rate as that bodes well for good returns to their investments,” Hughes said.

He  added that there is more international money today waiting to be invested in India than any of the last five years. Overseas investors have invested $ 14 billion into the Indian real estate sector over the period from 2006 to 2012.

In the last two years, foreign investment into Indian real estate has been around $ 1.2 billion per annum.

Around half of all transactions were invested in residential property, a quarter in the offices sector and the remaining quarter was split among other sectors.

According to him,  2013 and 2014 look more promising from an investment standpoint and the realty sector would get about $ $ 4-5 billion, mainly to buy income yielding SEZ assets at a capitalisation rate of 10.75 per cent.  Globally, Hughes said, there was a boom in 2007, followed by a bust in 2008, in the realty sector, while there has been a gradual recovery since the end of 2009.

Investments into Asia Pacific commercial real estate market fell around 10 per cent in 2012, from $ 98 billion to about $ 92 billion. “It was because of a sense of caution prevailing in different countries. But now we are seeing a change in the sentiments,” he said.

“One of the reasons for that is people looking to divert their investments from bonds to equities and other asset classes and that include real estate. Therefore more money is coming to real estate and a bigger proportion of that we see coming to Asia Pacific,” he added.

He said that in the retail sector, a very high growth is expected with the (likely) entry of foreign retailers.

Besides, manufacturing and industrial sector would also benefit a lot as retailers would need to set up logistics facilities. The residential space is also set for growth, he added.

India 2nd in Retail Real Estate Investment Momentum Index

Source: PRLOG
India has gained maximum momentum in retail real estate investment in the past few years and has come to second slot in the index.

India ranks second among top 20 countries with the strongest momentum in retail real estate index and it lags behind China due to weaker investment prospects and a smaller presence of global retailer, according to a report by global property consultant Jones Lang LaSalle.

“Our Retail Real Estate Momentum Index identifies 20 markets with the strongest retail real estate momentum. In top positions are China, India, Indonesia, Turkey, Brazil and Vietnam,” JLL said in its report released today.

The index aims to identify those countries with the strongest momentum in terms of consumer, retailer, developer and investor activity.

China and India, unsurprisingly, top the Index, due to their favourable demographics, rapid urbanisation, strong consumption growth and significant expansion of modern retail infrastructures, it said.

However, the consultant observed that “India falls short of China due to weaker real estate investment momentum and a smaller international retailer presence”.

On the future prospects, the report said “India will remain a two-paced market. From a retailer perspective, the country is clearly a key destination and although the retail market is yet to open fully to international retailers, when it does, major international retail groups will expand rapidly across India,” JLL said.

Although, India has permitted 100 per cent FDI in single brand, it is yet to allow FDI in multi-brand retail.

The report said “…from a retail investment point of view, it is still unlikely that India will see a boom in foreign investment in the short to medium term.”

Commenting on the report, JLL India Chairman Anuj Puri said: “The Indian retail sector is in a dynamic state of re-invention, with the initial hit-and-miss approach based on perceived absolutes rapidly giving way to superior malls, more business-conducive locations and better business models.”

“We are able to track these positive market modifications by the way in which demand for retail real estate is changing in India. There is a clear thrust towards international benchmarks, with growing market knowledge and ever-increasing aspirations driving current and future growth,” he added.

JLL report also projected that “annual investment volumes in retail real estate could hit USD 180 billion globally by 2020 due to increasing cross-border activity, showing growth of around 50 percent on the projected volumes for 2012 (USD 110-125 billion)”.

The report confirms that in the last decade, more than USD one trillion of retail real estate has been traded around the world. Global direct investment has averaged more than USD 100 billion per year since 2004 and in 2011 annual volumes hit USD 122.5 billion.