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Thesynergyonline Real Estate Bureau NEW
DELHI, SEPTEMBER 07 : According
to Mr Amar Sarin, Executive Director, Anantraj Industries and maker of the 'Moments'
mall, says that it had established benchmarks in the state of art constructions.
Moments is going to be one of the best attractions in Central Delhi in coming
days. Our team is working harder to provide all kind of shopping requirements
under one roof and that too in an entertaining way. Moments will provide you not
only multiple brands but would also take care of other amenities of a shopper
to enhance the overall experience and patronage."
Thesynergyonline Real Estate Bureau NOIDA/NEW
DELHI, SEPTEMBER 02 : ‘Royal
Park’ comes with Purvanchal style of construction, distinguished for its
most modern, state-of-the art design and inclusion of luxurious amenities, excellent
planning of usable space and finished interiors. Total number of flats will be
1090 in different dimensions according to the individual’s requirement. Like
its previous projects Purvanchal Group has once again equipped its new project
with every modern facilities and amenities that makes life at Royal Park a special
one. Purvanchal Royal Park takes care of all the needs and necessities. The 24x7
security services and round–the-clock water & power supply makes Purvanchal
Royal Park a comfortable place to live in. The customer care centre/maintenance
office and concierge services ensure civil systems in place. The Chairman and Managing Director, Purvanchal Group, Mr Shah Alam, says , “We believe in quality work and Purvanchal Royal Park is going to satisfy our buyers just like any of our previous projects. The market has still lack of good projects as per our research done on the basis of customer’s enquiries. And Noida has great potential so we have decided to launch Royal Park on Noida Expressway. We are receiving huge quires from the buyers.” At ‘Royal Park’, the residents would enjoy excellent location advantage with lush green surroundings and seamless connectivity. ‘Royal Park’ is located right on the Noida-Greater Noida expressway in GH - 004, Sector 137, Noida. It
also offers natural retreat as well as excellent metropolitan convenience and
vibrance. Noida today is a jewel city of North India brimming with unparallel
energy and growth. Spread over 12.50 acres, it offers a pollution free high standard
of living and highly supportive infrastructure of a well integrated Industrial
Township. Enviable connectivity through a network of roads, national highways, flyovers, and proximity to prestigious institutions, shopping centers and entertainment hubs makes Noida a purple city of modern lifestyle. Every modern convenience is near your doorstop and spacious interior layouts are designed for today’s active lifestyles. Our handpicked location, project design and next door metro connectivity will ensure quantum of growth on your investment, exceeding trends and may be your own expectations. (editor@thesynergyonline.com)
Thesynergyonline Real Estate Bureau
NEW
DELHI, AUG 20 : The
challenge posed to Genelia by eBay India was to transform her new empty apartment
into an attractive home with all the furniture, gadgets, décor etc only
bought on eBay India. The
Dreamhouse Challenge provided her with a budget of Rs. 4,50,000 and two weeks
to browse eBay, identify items for the unique look she wanted to create, place
orders with the sellers and set up the Dreamhouse. The
house created by Genelia, exhibits her various personas and vary from contemporary
chic in the living room to the glam look in the bedroom to a sporty study. A total
of 103 products were bought on eBay India and eBay Global EasyBuy from 62 sellers
in India and the USA. On
eBay Global EasyBuy which provides Indian shoppers with instant access to 18 million
products in Indian rupees, Genelia was able to pick up 24 home décor and
collectible products from the USA to give finishing touches to her Dreamhouse.
Genelia showed her soft spot for Charities by buying unique items from eBay Charities
- Save the Children, Rara Foundation, CRY, Aseema & Women's India Trust. Speaking
on the occasion, Genelia D'souza said, "Your home is an extension of your
personality, built on memories and the objects that you love and desire. Shopping
to do up an entire house on a budget was an exciting challenge as the online experience
was positively different from a physical shopping spree." "My
schedule leaves me with little time to shop around in a store to pick out items
I would ideally like for my house. eBay reduced the effort, as the one-stop-shop
with a wide variety of products across categories that caters to my taste. Once
I discovered the excellent deals and great bargains on offer, I just couldn't
stop shopping," she added. Mr.
Muralikrishnan B, Director - Marketing, eBay India said, "eBay Dream House
is a concept to showcase the wide range of products across lifestyle & gadget
categories available to suit all price points to do up a house of your choice.
Genelia is vivacious, witty and a popular personality. Just like eBay India has
a world full of exciting, interesting discoveries; Genelia's multi-faceted personality
made her the natural choice to demonstrate this concept. Genelia has delighted
us with her enthusiasm and time invested on searching and shopping for the perfect
items for her new home." eBay
India also announced the launch of 'eDen', a Facebook application that consumers
can use to create their very own virtual DreamHouse. Speaking on this aspect,
Mr. Muralikrishnan B said, "DreamHouse as a concept by itself is very innovative
and fun. With social networking becoming a very popular hobby among consumers,
we conceptualized the idea of developing and adding the "eDen" application
to this unique concept. eDen provides a virtual insight into the DreamHouse concept,
where in game play players shop for a virtual house, socialize with neighbours
& gain levels & coolness points. eDen is a fun way for Facebook users
to envision & execute their Dreamhouse virtually." Evolving lifestyles and busy schedules for today's consumer has led to a substantial increase in the demand for lifestyle & technology products being bought online whether gadgets, electronics, apparel, furniture or even collectibles. An increasing number of buyers now shop online when it comes to styling their Dreamhomes. eBay India brings a treasure trove of products for your home with the simple click of your mouse. (editor@thesynergyonline.com)
Thesynergyonline Real Estate Bureau NEW
DELHI, AUG 19 : The
commercial edifice will have a range of office blocks, business suites overlooking
the wide and open expanses of Sector 51, giving a clear and unobstructed view
of the Gurgaon skyline along with an open to sky retail piazza to satisfy ones
every exquisite as well as everyday needs. With
fascinating and diversified landscaping, Technopolis2 will fulfill the desire
of those who want to Live their work life, with the most serene natural surroundings
and all the modern and premium amenities at their fingertips. The host of on-site
and nearby amenities in and around Technopolis2, add an unique point of appeal
to the address. It will boast of flexi offices, furnished business suites, business
centre, several fully-equipped conference rooms, F&B outlets, multi-cuisine
take-away and a world class retail arcade among other facilities. With accessibility to the National Capital with the City Centre Metro station at close roximity and direct access to NH8 & golf course road, Technopolis2 will make a unique contribution to the growth and beauty of Gurgaon. Key
highlights of the project:
Thesynergyonline Real Estate Bureau NEW
DELHI, AUG 19 : Defining a new paradigm in stylish living nestled in lush green landscaped surroundings "RG Luxury Homes" is designed to offer its residents a world class infrastructure with a high living spatial experience at the most affordable price. It is built over a sprawling 18 acres comprised of 12 Towers featuring beautifully designed spacious 2 &3 bedroom apartments. The all inclusive cost of the apartments are between Rs.18 lakh to Rs.30 lakh, bringing in the concept of "what you pay for is what you get" which is yet another first to be offered by any developer wherein the cost of the apartments is based on the actual covered area rather than the super build up area which is the general norm in the industry. Located at a convenient location (10 minute drive from Noida City Center), the residential complex offers well appointed ventilated 4 side open flats with spacious rooms and wooden flooring coupled with Modular Kitchen & Cupboards. The township is replete with luxurious facilities includes a Club, covered car parking facilities, power back-up systems, swimming pool, health club, steam & sauna, ATM Facility, multi-purpose hall, super market and 24x7 Chemist Shop. Mr. Rajesh Goyal, Managing director, RG Group said,"Customer centricity and transparency has been a core philosophy at the RG Group and we have always tried to find out ways and means to deliver the best to our customers. RG Luxury Homes is a reflection of our endeavor to this end and we are happy to present the most spacious, luxurious & attractive option for the burgeoning middle and higher middle class satisfying their esthetic & spatial residential needs." The company has forayed into residential sector early this year with the launch of 'RG Residency' in Noida, which is expected to complete by end of December. (editor@thesynergyonline.com)
Thesynergyonline Real Estate Bureau NEW
DELHI, AUG 18 : Commenting on the same Vineet Singh, Business Head, 99acres.com said “. As far as rental trends for 2010 are concerned, I see the rental market stabilizing and firming up. Also, since there has been no new supply coming in immediately in the Delhi region, the rental values will continue to escalate on a yearly basis. ” A look at the rental prices of a 3BHK house in key localities of South Delhi and Dwarka show that the residential areas of Saket witnessed the maximum appreciation. Saket has seen a 31 percent rise in rental prices in Q2-10 over Q2-09 followed by South Extension, Safdarjung and Malviya Nagar which witnessed a 24 percent , 22 percent and 21 percent rise in rental values respectively over the same time period. Vasant Kunj has seen a 17 percent rise in rentals over a period of one year. Similarly, rental values of Dwarka moved up by 12% in Q2-10 over Q2-09. Both Vasant Kunj and Dwarka seem to have emerged as the most affordable rental destinations in Delhi for the middle income group. Key localities in East and West Delhi have seen an uptrend in prices with localities of Patparganj, Vasundhara Enclave and Mayur Vihar in East Delhi witnessing a 12% increase in rental values respectively in Q2-10 over Q2-09. All these three localities are very popular with people who work either in Noida or in Delhi because of their convenient strategic location. Vikaspuri, an important locality of West Delhi saw a 13 percent rise in rental rates and Janakpuri has seen an 8% rise in prices in Q2-10 over Q2-09. Some
important localities of Central and North Delhi witnessed an increase in rental
rates over a period of one year. Connaught Place has seen a 8% rise in rental
prices in Q2-10 over Q2-09 while Pitampura and Rohini saw a 35% and 37% rise in
prices respectively over the same time period. The
NCR region(Outside Delh0) has seen an appreciation of rental values across localities.
Key localities of Noida like Sector 93, Sector 53, Sector 61 and Sector 82 have
seen rentals escalating within the range of 18 percent to 25 percent over a period
of one year. Sector 19, in Noida has seen the maximum movement in rental values.
Prime areas in Gurgaon like Sohna Road and Sushant Lok have seen a 16 percent appreciation in rental values respectively in Q2-10 over Q2-09. (editor@thesynergyonline.com)
Thesynergyonline
Corporate Bureau NEW
DELHI, AUG 13 : RG Residency, a landscaped podium residential complex in Noida will now offer 440 units of 1 bedroom apartments covering a built up area of 447 sq. ft and super built up area of 560 sq.ft. and 1-BHK is priced at Rs14,70,000 which includes lease rent, two- wheeler parking, club membership, power back up to 1 KVA, fire fighting charges and external electrification charges. Keeping in mind the current style and requirements RG Residency's 1 BHK will comprise of wooden flooring , modular kitchen and cupboards in the room plus RG Residency's total effect of rare convergence of location, connectivity, quality construction and world class ambience & facilities producing a unique habitat for the cognoscenti. Mr. Rajesh Goyal, MD, RG Group, said, "In this period of rising cost of living, persistent inflation and shrinking opportunities every penny saved is an extra penny earned. Keeping the interest of our customers in mind RG Group has announced the construction of 1BHK at 'RG Residency', Noida at a price of Rs.14.70 lakh with all the comfort, services, facilities and conveniences and its ambience & location as a special add on." "Those who do not need big apartments like young professionals, bachelors, students, newly wedded couples need not invest more than they need to by investing in 1 BHK at RG Residency as "small is not only beautiful" but also convenient, comfortable, easy to maintain & furnish and affordable which means optimum value for investment without losing out on the quality front," he added. Mr. Goyal adds, "Lower cost of investment in these 1BHK apartments means lower cost of debt service and lower EMI's. It means one not only saves a lumpsum at the time of investment but also in coming years. This reduces the monthly outgo for the whole period of repayments of loans & this saving amount to extra fund each month which is available for other purposes. RG Residency's 1 BHK means comfort, cozy, clean, self sufficient & affordable home." RG Residency, is a 5 minutes drive from City Centre Sector 32 Metro Station., 5-10 minutes drive from Fortis Hospital, 10 minutes drive from Atta Market, Sector 18, Noida and 10 minutes drive from NH-24. Covering an area of 12.75 acres with an investment of over Rs. 570 crore, RG Residency offers 12 Towers comprising 1500 residential units, which would include 1450 apartments & 50 penthouses. These apartments and penthouses covering the range starting from Rs.14.70 lakh (1BHK). (editor@thesynergyonline.com)
GREEN
BUSINESS SUMMIT 2010 : DESIGN HIGH PERFORMANCE BUILDING Thesynergyonline Real Estate Bureau NEW
DELHI, JULY 20 : Mr.
Vikas Gupta, MD, Earth Infrastructures, among the prominent speakers, shared his
views on Green Concept. He said," , “Green building (also known as green
construction or sustainable building) is the practice of creating structures and
using processes that are environmentally responsible and resource-efficient throughout
a building's lifecycle: from sitting to design, construction, operation, maintenance,
renovation, and deconstruction. Green house is basically a housing design which
is environment- friendly and is been constructed for the development and betterment
of society concerning utility and comfort. It blends architecturally with neighbouring
homes, includes vibrant outdoor space, and utilizes aesthetically appealing interior
features.” He
also explained about LEED certification, he started with the explanation, he said,
“Earth infrastructures has been provided with the LEED certification, LEED
is basically a third-party certification program and the nationally accepted
benchmark for the design, construction and operation of high-performance green
buildings. LEED gives building owners and operators the tools they need to have
an immediate and measurable impact on their buildings’ performance”. While proceeding further to speak on Energy efficiency he said, “Saving Energy is the first step to green, but most people would agree that a green building must be an energy efficient building. But not everyone agrees on how to define and measure efficiency. With an annual increase in the built-up area of residential and commercial buildings by 10 per cent, the projected annual increase in the energy demand is 5.4 billion kWh. The need of the hour is to design and construct ‘high performance buildings’ so that the use of electricity can be controlled." "The
main points which need to be kept on priority while building, is to use simple,
standardized energy performance metrics throughout all phases of building design
and operation. New buildings must be designed to meet local energy codes, but
should also be expected to meet aggressive energy. These design targets should
be verified when the building is built and operated. This feedback loop is important
and often missing in building lifecycle, " he added.(editor@thesynergyonline.com)
Thesynergyonline Real Estate Bureau NEW
DELHI, India, JULY 16 : A
delegation from CREDAI discussed in details the provisions as presented in the
proposed Regulation Bill and explained their concerns on the same along with suggesting
alternative measures. The
proposed Regulation Bill to control malpractices is very appreciable in spirit
but as we see it will have an extremely detrimental impact on the end consumer
by virtue of making housing unaffordable. We would also like to highlight the
impact of some major detrimental provisions proposed in the Bill which can lead
to operational delays attributable to multiplication of procedures, increasing
bureaucratic hurdles and non-compliance of the local authorities which will have
a direct impact on the pricing coming in the way of the dream of a home for every
Indian. CREDAI has analysed the provisions of the proposed Act in detail and studied its implications on the residential segment especially those which have a significant potential to escalate project cost drastically. CREDAI has estimated that the construction cost could shoot by upto Rs. 296 per sq. ft. The most immediate and vicious impact will be felt by affordable segment as costs could jump up significantly Mr. Kumar Gera, Chairman, CREDAI recommends that "An ideal Regulation Bill should aim to cover and discipline all stakeholders of the real estate sector which comprises not only of developers but local authorities like the municipal corporations and civic bodies including the fire services, electricity boards, financial institutions as well as end consumers, which include the errant buyers. CREDAI suggests that there should be collaboration and proper accountability of all concerned so that the complete set of transactions from construction to sale is conducted in a manner which is efficient and transparent. In the absence of the appropriate accountability the entire cycle suffers a setback and from the consumer's perspective the delays in handovers and steep price rise are would be the two major fallouts which incidentally are also the most common consumer grievances." Mr.
Sushil Mohta, Member, Governing Council Board comments "Our study is a result
of cumulative effort put in by our members which aims to provide a valuable insight
on the how these provisions will have a real impact - from the books of accounts
to the per unit sale price. We hope to sensitise policy makers on how certain
provisions in the Model Act which will create severe cost escalation through a
direct and strong impact on three major areas - interest accrual, advances and
out -of-pocket expenses.
(editor@thesynergyonline.com)
Thesynergyonline Real Estate Bureau NEW
DELHI, JULY 10 : “Contrary
to expectations, the draft bill does not allow Real Estate Regulator to act as
an impartial arbitrator between industry/developer and various government agencies
on one hand and the industry/ developer and consumers on the other”. For
example, “while the Regulator will lay down and monitor strict timelines
for execution of a project (with severe penal implications for the promoter/ developer),
it will do nothing to address the inevitable delay and harassment that accompanies
various approvals and make there timelines impossible to adhere to”, points
out the ASSOCHAM. In a representation addressed to the government, the ASSOCHAM has emphasized that the draft Bill is also discriminatory in as much as it keeps the government agencies/ local authorities/ statutory bodies engaged in the business of development of land or housing out of the ambit of the Regulator. Similarly, while the Bill treats the promoter/ developer in an iniquitous manner, it is biased in favor of the ‘allotee’. In
addition the Bill is self contradictory as the Regulator is being given the role
of licensing authority as well which is against basic principles of liberalized
economy. ASSOCHAM
Secretary General, Mr. D.S. Rawat said, “Section 4 of the Bill has a provision
which makes it mandatory for developer to take registration certificate from component
authority for release of advertisements to seek buyers for their Real Estate projects.
And if advertisement released is without registration certificate, developers
are liable to punishment for a term of upto one year or fine Rs. 5,000/- or both.”
According
to ASSOCHAM, this is a sweeping provision and is clearly restrictive. The
Regulator may have the right to check the veracity of the claims made in an advertisement
but giving it a veto power in this regard is a clear violation of the right to
conduct business and punishment are too harsh. Likewise, the bill’s Section 5 under head of development of land into colony says that license for development of colony should be given by competent authority and will be valid for three years and renewable from year to year on payment of prescribed fee. This too is a sweeping power and a recipe for corruption, according to ASSOCHAM. “It reintroduces the license raj which is an anathema in this post–reform age. The terms too are stringent. The
license is valid only for three years while the various approvals for a project
from a slew of government agencies alone take up to 18-24 months. Moreover,
land is a state subject and each state authority may have different set of criteria
for granting such licenses.” Therefore the aforesaid Sections need
to be diluted as per requirements of industry and consumers. Mr.
Rawat said, “There are many other provisions in the Bill which require promoters
of Real Estate to construct schools, hospitals, community centers and other community
building and lay park in the colony or transfer such land free of cost/ at cost
of development. This is again a harsh provision and shows callous disregard
for freedom to conduct business and needs modification. Likewise there are many other provisions which need review and therefore the ASSOCHAM urges the government to launch a debate on provisions of existing Regulator Bill so that its harsher sections, sub sections are diluted with a consensus approach to ensure fair play for government, Real Estate developers and buyers of properties and dwelling units, said the ASSOCHAM Chief. (editor@thesynergyonline.com) SVP
GROUP, ASHIANA HOMES UNVEIL 'VILLA ANANDAM' AT MEERUT ROAD NH-58 Thesynergyonline
Real Estate Bureau NEW
DELHI, JULY 07 : The
198 villas will be spread over an area of 12 acres and is expected to be ready
for possession by mid 2012. The total cost of this project will be Rs. 150 crores.
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Total
Built-up Area- 750, 000 Sq. ft
