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NEW SPLEENDOR HOMES, FOR THE PICTURE PERFECT LIFESTYLE

Posted on 2008-Sep-3 at 12:21 in Indian Real Estate - 0 Comments - Post Comment - Link

 
NEW SPLEENDOR HOMES, FOR THE PICTURE PERFECT LIFESTYLE
 
Rajasthan is swept by a whole new trend in lifestyle. Ansal API has been playing a key role in changing the landscape and lifestyle in this desert state. Self-Contained integrated townships with residential plots, luxury villas, row houses, club houses, retail and entertainment, schools, hospital are some of the noteworthy contributions of Ansal API in Rajasthan.
 
Keeping up its projects innovativeness, the company has now launched New Splendor Homes, a modern group housing complex with 900 plus apartments in the integrated township of Sushant City-1 Jaipur. The township offers some of the finest apartments and penthouses for the lifestyle conscious customers at the most affordable prices. These attractive prices also come with convenient finance facilities. Book now and you do not have to pay PRE-EMI till the possession (2 years).
 
Sushant City -1, Jaipur is the true epitome of dreams coming alive with world class amenities and comforts. This fully self contained neighborhood meets all your demands of modern lifestyle. Fully operational SpringdalesSchools and little ahead there is the heartwarming sight of the Orchid and TulipShoppingPlaza, which is ready for possession the lush green surroundings of the township simply make life a whole new experience.
 
 
                                                                                   Courtesy: - Times of India dt.30.08.08
 

Life, Livelihood & Leisure…………

Posted on 2008-Sep-3 at 12:19 in Indian Real Estate - 0 Comments - Post Comment - Link

Life, Livelihood & Leisure…………
 
With Megapolis, Ansal API has truly taken the concept of integrated townships to a new high. The township offers the best off urban development in every aspect of modern living.
 
 This project, in fact, is an extension of a similar township development currently under implementation in Lucknow.
 
Spread over a sprawling 2504 acres (approx.) of lush green development in Greater Noida, this mega projects is to be developed as world class residential, commercial, retail and institutional city.
 
With plots on offer in various sizes at Megapolis, this is the first time that plots are being sold by a private developer in that area. The attractions of the township start with its strategic location. The expressway connectivity really puts it minutes away from Noida and Delhi. It is close to the proposed international airport and is adjoining one of the biggest upcoming Railway terminals in North India.
 
Located amidst clean, healthy pollution free environment, the greenery aspect of the township is accentuated with international standard Golf Course designed by the world renowned Golfer Nick Faldo.
Adding to this beauty of the township are 5 natural lakes, a grand canal and breathtaking waterfront boulevards.
 
Megapolis offers an exquisite commercial business district and retail centres/ shopping malls featuring state-of-the-art multiplexes, which will be the centre of attraction for the entire NCR region.
 
The pride of megapolis also includes landmarks such as MaheshBhupathiTennisAcademy and an international class Equestrian and Polo Club. The township shall, in fact, emerge as the hub centre for educational campus for schools, colleges and educational institutions with international tie-ups.
 
                                                                        Courtesy: - Times of India dt.30.08.08
 

RAINPROOFING YOUR HOME

Posted on 2008-Sep-1 at 03:30 in Indian Real Estate - 0 Comments - Post Comment - Link

 
 
THE MONSOON IS HERE. SOME SIMPLE STEPS WILL ENSURE YOUR HOUSE IS SAFE FROM THE RAINS.
 
The rains can be a source of many problems within a house. Rain proofing your home or protecting it from the monsoons is therefore vital during this season. One important need for homes and gardens is adequate sunlight. Make some small changes in your spaces to compensate for the lack of this during the rainy season.
Since rooms tend to get darker during daytime from lack of enough light, replace heavy drapes with light ones and in pastel shades so that more light filters through. Roll up the blinds during the day, especially those in verandahs and terraces so that they allow light to enter.
  
A skylight works well especially during the rainy season (and winter too) since it brings in additional light and warmth to the home. So, it is good to install one, along with safety features, while building a home. Windowsills need to be cleared of any lightweight planters and decor objects since the strong winds that often accompany heavy rains can blow these away or cause them to fall down. Any open showcase near a window should be kept closed or else the water from any drizzle and the resulting dampness can damage the objects placed there.
  
If your home has children, pets, and visitors going in and out of the home regularly, then roll up any large, expensive carpets and put them away. Small rugs centrally placed in the room are a better idea. Also, have some extra-absorbent doormats (two of them placed side by side work best) in areas likely to be exposed to the rains like the porch, front verandah, entrance, foyer etc.
  
Dampness is harmful to clothes, books, and also to furniture and accessories especially those made of wood and leather which develop fungus and other problems. So, keep them away from windows and doors i.e. in dry areas and periodically check them and give them a makeover if necessary. If possible, have your books and wood furniture put out in direct sunlight for a few hours, every fortnight or so. Also, check your wardrobes and cupboards regularly for dampness.
  
Exposed electrical wiring should be covered up. Water logging can be damaging to the walls and foundation besides being a health hazard. Check for any area prone to water-logging whether in the garden, terrace, or garage. Cracks in doors, windows, and walls should be sealed to prevent seepage of rainwater indoors. Plug all sewer traps with special check valves so that water doesn't back up and flood the home. You could also make the most of this monsoon by using rain water harvesting methods in your terrace and garden areas.
 
Courtesy: - ET Realty dtd:- 29th August 2008

3/4 bedrooms available in DLF Oakwood Estate Gurgaon

Posted on 2008-Sep-1 at 03:29 in real estate india - 0 Comments - Post Comment - Link


3/4 bedrooms available in  DLF Oakwood Estate Gurgaon With its majestic towers rising in the skyline from an oasis of landscaped environment, Oakwood Estate has become a prominent landmark in the city Equipped with all the modern facilities like club, swimming pool and car park
Area:                           DLF city Phase- II, Gurgaon ( HR)
Transportation:          DLF city Phase- II, Gurgaon ( HR)
Type of property:       Apartment
Type of ad:                        Individual offer
# of rooms:                      4
# of bedrooms:                3
# of baths:                         3
Basic rate:                      Rs 1,640 sq.ft.-1,767 sq. ft.
Amentias:                        Balcony, Terrace, Fireplace, Lift, Parking, Garage, Pool, Tennis, Other amenities 
 
 
For the further information login http://http://www.zameen-zaidad.com/


WORKING FROM HOME

Posted on 2008-Aug-30 at 01:44 in Indian Real Estate - 0 Comments - Post Comment - Link

WORKING FROM HOME
 
A HOME OFFICE IS THE EMERGING TREND TODAY. WITH TIME BEING A LUXURY, MANY ARE OPTING TO SPEND ON A FULL-FLEDGED HOME OFFICE.
 
With new houses mushrooming every day and commuting becoming the bane of our lives, coupled with high levels of noise pollution, the concept of home offices are becoming increasingly popular. Whereas America has had this concept for decades, it was earlier meant for women working part time where they could fulfill the dual demands of running a home as well as their careers. No longer is this true, Jyoti Aggarwal a financial analyst for Wall Street mostly runs her office from her Manhattan apartment, whereas Neera Raj a full time realtor has a beautifully appointed home office in her New Jersey mansion. The same is true here as well. Many executives, COOs, designers, architects run their office from home. Not only does it give them flexible work hours, but those who operate from their corporate offices can come home early enjoy a workout at a local gym and get back to work with their shoes off in the leisure of their home offices.These spaces are not meagerly done up to work as a make shift back office, in fact detailed planning and execution goes into these specifically demarcated areas.
  
In a lot of cases these spaces are modern and functional while others have beautifully laid out carpeting, chandeliers, mahogany desks and of course the laptop, with a seating of a comfortable sofa set, coffee tables to match for those meetings conducted at home even on a weekend.
  
Jagdeep Rangargh, head of Stork Group of Companies, has a lovely home office in his DLF home and he completely enjoys working from there. Complete with wooden flooring, a desk and his computer, he manages his entire group of companies even though he travels around the world for his business meetings. His wife Poonam reveals that many a Sundays, he works from here and is also able to catch up on a game of golf, while he can come home early and work late into the night whenever he wants. Lined with a complete library, this is where Poonam catches up with most of her reading while Jagdeep works.
  
Aashish Thakur, head of Ashwin Enterprises has a modern and functional home office in the basement of his house. Done up in light wood, the basement has been divided into portions as work stations with glass doors separating them. The other part is his wife Anjali's, who runs her design business from there. Interiors and furniture is their concern and a home office in their Phase-III home is definitely an advantage, apart from his main office.
 
Courtesy: - ET Realty dtd:- 29th August 2008
 

3/4 bedroom apartments available in The Nile - Omaxe, Gurgaon

Posted on 2008-Aug-30 at 01:40 in Indian Real Estate - 0 Comments - Post Comment - Link

 
 
3/4 bedroom apartments available in The Nile - Omaxe, Gurgaon. Jacuzzi bathtub & cubical shower in bathroom attached to master bedroom Fans & decorative light fitting in all rooms Modular kitchen cabinets Swimming Pool, Club with all facilities like gymnasium, Sauna bath, Jacuzzi bath, indoor & outdoor games in the complex. Children's playground and an exquisitely landscaped central park. Earthquake resistance structure and Vaastu friendly layout.
 
Area:                      
Transportation:                 Gurgaon at Sohna – Gurgaon Highway
Type of property:               Apartments
Type of ad:                        Individual offer
# of rooms:                         4
# of bedrooms:                   3
# of baths:                             3
Basic rate:                             
Amenities:                             High tech security & Fire fighting systems , Power Back-Up
 
 
For the further information login http://http://www.zameen-zaidad.com/
 
 

2/3 BHK Flat available in Supertech Icon

Posted on 2008-Aug-28 at 02:06 in Indian Real Estate - 0 Comments - Post Comment - Link

 

 

2/3 BHK Flat available in Supertech Icon of Supertech Limited. Indirapuram- Sufficient green spaces, Private balconies with all bedrooms, Internet broad band connectivity. Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts, Multipurpose hall, Power backup & round the clock water supply,

Welcome to SUPERTECH ICON. Marking a new beginning in your life. Add to it the basic amenities like schools, multiplexes, clinics, parks, shopping complexes and malls within easy reach and you will get a cherished lifestyle.

 

Area:                              Uttar Pradesh › Indirapuram Ghazi bad

Transportation:            Indirapuram,Ghaziabad NH-24

Type of ad:                    Individual - Offer

Type of property:         Flat

# of rooms:                   3

# of bedrooms:            3

# of baths:                    2

Basic Rate:                    Rs.2700/- sq.ft.

Amenities:                     Basement, Lift, Parking(Covered Open)

 

 

For the further information login http://http://www.zameen-zaidad.com/


Supertech Limited. Indirapuram

Posted on 2008-Aug-28 at 02:04 in Indian Real Estate - 0 Comments - Post Comment - Link

 

 

2/3 BHK Flat available in Supertech Icon of Supertech Limited. Indirapuram- Sufficient green spaces, Private balconies with all bedrooms, Internet broad band connectivity. Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts, Multipurpose hall, Power backup & round the clock water supply,

Welcome to SUPERTECH ICON. Marking a new beginning in your life. Add to it the basic amenities like schools, multiplexes, clinics, parks, shopping complexes and malls within easy reach and you will get a cherished lifestyle.

 

Area:                             

Transportation:            Indirapuram,Ghaziabad NH-24

Type of ad:                      Parsvnath Exotica, Sector 53, Golf Course   Road, Diagonally Opposite to DLF, Golf   Course, Gurgaon

Type of property:        

# of rooms:                  

# of bedrooms:           

# of baths:                    2

Basic Rate:                    Rs/- sq.ft.

Amenities:                     Basement, Lift, Parking(Covered Open)

 

 

For the further information login http://http://www.zameen-zaidad.com/

 


2/3 BHK Flat available in OrangeCounty

Posted on 2008-Aug-27 at 01:52 in Indian Real Estate - 0 Comments - Post Comment - Link

 
 
 
2/3 BHK Flat available in Orange County of Meriton Group, Indirapuram- Sufficient green spaces, Private balconies with all bedrooms, Internet broad band connectivity. Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts, Multipurpose hall, Power backup & round the clock water supply,Gardenia Square is such a beautiful place that fulfills your every dream and desire.
OrangeCounty has a strategic advantage in terms of close proximity to Delhi. You can have the best of ultra modern lifestyle and yet be close to Delhi in more ways than one. In fact OrangeCounty gives you the best of both the worlds. 
 
 
 
Area:                              Uttar Pradesh › Indirapuram Ghazi bad
Transportation:            Indirapuram,Ghaziabad NH-24
Type of ad:                    Individual - Offer
Type of property:         Flat
# of rooms:                   3
# of bedrooms:            3
# of baths:                    2
Basic Rate:                    Rs.3600/- sq.ft.
Amenities:                     Basement, Lift, Parking(Covered Open)
 
 
For the further information login http://http://www.zameen-zaidad.com/


GOLDEN GATE BETS ON LOW-COST HOUSING

Posted on 2008-Aug-27 at 01:48 in Indian Real Estate - 0 Comments - Post Comment - Link

 
TO INVEST RS 2,000 CR IN 2 YEARS; FOUR PROJECTS IN BANGALORE, HYDERABAD
 
Citigroup-backed Golden Gate Properties plans to invest close to Rs 2,000 crore over two years in affordable housing projects, a senior official said. The projects will be funded primarily through customer sales, apart from banks loans to the tune of Rs 500 and equity, Golden Gate managing director K Pratap said.
  
The Bangalore-based developer on Thursday announced plans to start construction on four township projects in Bangalore and Hyderabad, all grouped under the brand name Commune. A significant portion of each development will comprise low-cost housing units with an area of 995-1122 sq ft.
  
"A large section of society is unable to own homes owing to spiraling real estate costs. The Commune has been conceived to fulfill this need-gap. The starting price for the affordable housing units will be around Rs 19 lakh. These properties will be on a par with premium developments in terms of quality, treatment and amenities," he said.
 
Citigroup has invested Rs 150 crore in Golden Gate and Deutsche Bank $70 million. Golden Gate plans to expand to several southern cities with affordable housing projects.
  
Earlier this week, Bangalore's Puravanakara Group also outlined plans to develop low-cost housing. The Housing Ministry estimates the shortage of homes in India at 24.71 million, most of it among economically weaker sections and low-income groups. Golden Gate's first project, comprising 2,500 apartments on 30 acres, is located some four km off the road link to Mysore while the second will come up in the Sarjapur area on the city's periphery on 100 acres.
  
In Hyderabad, the company has acquired land in Tallapur and Secundrabad. "Each project will be developed in a phased manner. The Bangalore model will be replicated across cities with some modifications to suit local tastes," he said. The company hopes to drive down costs by acquiring land on the outskirts of cities and using modern construction techniques to bring down labour count by 75%.
 
                                                                         Courtesy: - ET dtd: - 23rd August 2008

MORE AFFORDABLE HOUSING COMING UP IN THE NEAR FUTURE

Posted on 2008-Aug-26 at 02:17 in Buy property in India - 0 Comments - Post Comment - Link

MORE AFFORDABLE HOUSING COMING UP IN THE NEAR FUTURE
 
Realty major Puravankara Projects will invest Rs 8000 crore for its foray into affordable housing through its wholly owned subsidiary, Provident Housing and Infrastructure Limited.
  
In the first phase, the affordable housing project will cover Bangalore, Chennai, Hyderabad, Coimbatore, and Mysore where 64,500 homes with a total built-up area of 59.80 million square feet will be constructed over the next five years.
  
The funding for these projects will be through construction debt and customer advances amounting to Rs 6500 crore, with internal accruals and equity sourcing the remaining Rs 1500 crore which will be utilized for land acquisitions.
 
                                               Courtesy:- ET dtd:- 22nd August 2008

DEVELOPERS OFFERING DISCOUNTS, FREEBIES TO BUYERS

Posted on 2008-Aug-26 at 02:16 in Buy property in India - 0 Comments - Post Comment - Link

 
Developers today are offering discounts, freebies and value add items. This includes discounts in values, freebies in amenities like discounted parking space or lifetime club membership, value adds like providing interiors and ready-to move homes at little discounted rate.
  
Discounts would mean reduction in the upfront money the customer would be paying to the developer.
  
Discount in parking spaces would mean anything between Rs 10,000 to Rs 20,000. Values add interiors will include goods like fans, wardrobes and so on. Ram Yadav, head of a finance company says, "It all depends on how you position your project. Builders are trying to put together all these three elements for their customers, but again, it is not across the board."
 
                                                                Courtesy:- ET dtd:- 22nd August 2008

NRIS INVESTING IN PROPERTY IN INDIA

Posted on 2008-Aug-26 at 02:15 in Buy property in India - 0 Comments - Post Comment - Link

NRIS INVESTING IN PROPERTY IN INDIA
 
With economies all over the world going through a depression, and the domestic economy showing prospects of bouncing back, NRIs are looking at property investments here
 
At a time when the US and European economies are spiraling downwards, the domestic economy in general is looking up, despite the current slowdown. Not surprisingly, the NRIs are investing in various sectors, including real estate. Several real estate projects across India have garnered approximately 10-20 percent participation from NRIs. The return on investment provided by real estate here has been found to be more attractive than that offered by developed nations. Also, the simplified process of investments has reversed the equation and many NRIs have been consistently investing in properties.
  
Rajesh Goenka, chairman and CEO, Axiom Estates, says, "They are the most affluent lot among real estate buyers in India, showing interest in buying large chunks of land in their home country. They are not affected by the current slowdown, as they take a long-range view of the whole scenario. They have faith in the domestic economy, and firmly believe that the prices will appreciate by at least 10 to 15 percent every year. They see the downturn as an opportunity to invest in large chunks of land or even developed areas which they get at a good discount from even the top developers."
  
He adds, "According to our assessment, the interest from NRIs has increased almost by 20-25 percent every quarter, which is almost two to two-anda-half times in the last two to three years. Interestingly, not just investors from the Gulf countries, but even from UK and USA have shown interest."
  
Raminder Grover, Managing Director, Homebay Residential, Jones Lang Lasalle Meghraj says, "Many NRIs in the US and UK are not as confident as before of sanctity of their employment, while others are disturbed by negative economic patterns across developed countries. They see greater potential for India overcoming the current economic setbacks. Sentimental attachment to their country of origin is another reason."
  
NRIs can expect appreciations anywhere upwards of 15 percent per annum and rental yields of 4-6 percent on property here.
  
There are different types of NRIs, as Akshaya Kumar, Managing Director, Parklane Property Advisors, puts it. "The Gulf NRI is one who is bound to return. NRIs are looking for decent returns, and might think of holding property here, while investors from UK and US are pure investors. NRIs mostly have an affinity to the areas they come from," he says.
  
Bangalore, Pune, Mumbai, Indore, Baroda, Chandigarh, Gurgaon, Kolkata and Goa seem to draw the highest number of serious inquiries. So do second home destinations and extended suburbs. Those with business aspirations are investing wherever IT/ITeS is making its presence felt. Mostly all sectors including residential, commercial, and retail have seen good NRI investments.
  
As opposed to earlier times when an NRI had to struggle with various rules, income tax and other issues, these days the NRI is being welcomed with open arms, and this has elicited an extraordinary response. Today, NRIs enjoy high returns, easy repatriation with no tax on sale proceeds, and easy loans. There are several realtors, financers and other organisations spe******ing in easy financing and mortgages for NRIs and high net worth individuals.
 
Courtesy: - TOI dtd: - 23rd August 2008
 

3 BHK Flat available in Bharat Residency

Posted on 2008-Aug-25 at 12:43 in Property in Gurgaon - 0 Comments - Post Comment - Link

3 BHK Flat available in Bharat Residency
 
3 BHK Flat available in Bharat Residency of B.C.C Builder, Indirapuram-Choice of 3 bedrooms luxurious apartments/penthouses. Exclusive gymnasium.
Sufficient green spaces, Private balconies with all bedrooms, Internet broad band connectivity. Ample parking space.Hi - tech security & fire fighting systems-Modern high speed lifts, Multipurpose hall, Power backup & round the clock water supply, Gardenia Square is such a beautiful place that fulfills your every dream and desire.
Area:                              Uttar Pradesh › Indirapuram Ghazi bad
Transportation:            Indirapuram,Ghaziabad NH-24
Type of ad:                    Individual - Offer
Type of property:         Flat
# of rooms:                   3
# of bedrooms:            3
# of baths:                    2
Basic Rate:                    Rs.2800/- sq.ft.
Amenities:                     Basement, Lift, Parking(Covered Open)
 
 
For the further information login http://http://www.zameen-zaidad.com/
 
 

GOLDEN GATE BETS ON LOW-COST HOUSING

Posted on 2008-Aug-25 at 12:41 in Buy property in India - 0 Comments - Post Comment - Link

 
TO INVEST RS 2,000 CR IN 2 YEARS; FOUR PROJECTS IN BANGALORE, HYDERABAD
 
Citigroup-backed Golden Gate Properties plans to invest close to Rs 2,000 crore over two years in affordable housing projects, a senior official said. The projects will be funded primarily through customer sales, apart from banks loans to the tune of Rs 500 and equity, Golden Gate managing director K Pratap said.
  
The Bangalore-based developer on Thursday announced plans to start construction on four township projects in Bangalore and Hyderabad, all grouped under the brand name Commune. A significant portion of each development will comprise low-cost housing units with an area of 995-1122 sq ft.
  

 

 
Citigroup has invested Rs 150 crore in Golden Gate and Deutsche Bank $70 million. Golden Gate plans to expand to several southern cities with affordable housing projects.
  
Earlier this week, Bangalore's Puravanakara Group also outlined plans to develop low-cost housing. The Housing Ministry estimates the shortage of homes in India at 24.71 million, most of it among economically weaker sections and low-income groups. Golden Gate's first project, comprising 2,500 apartments on 30 acres, is located some four km off the road link to Mysore while the second will come up in the Sarjapur area on the city's periphery on 100 acres.
  
In Hyderabad, the company has acquired land in Tallapur and Secundrabad. "Each project will be developed in a phased manner. The Bangalore model will be replicated across cities with some modifications to suit local tastes," he said. The company hopes to drive down costs by acquiring land on the outskirts of cities and using modern construction techniques to bring down labour count by 75%.
 
                                                                         Courtesy: - ET dtd: - 23rd August 2008

Sobha Anantha

Posted on 2008-Aug-23 at 02:12 in Property in Gurgaon - 0 Comments - Post Comment - Link

 
 
 
Sobha Developers takes great pride in delivering international quality standards to its customers.
Sobha Developers reserves the right to change specifications without prior notice, in the interests of quality and timely delivery. Please check with our Customer Relations personnel for the latest specifications and changes, if any.
 
 
 
 
Project Details                                                                                                                                 
Location                                                  : Sobha Anantha Richmond Road, Bangalore
Type                                                         Apartments (Presidential)
Land / Plot Area                                    : 2000.21 SQ.m. 21522.259 Sqft.
Total No. of Units / Apartments        : 07 nos
Car Parking                                            : Covered Parking for 20 Nos.
                                                                                                                                                            
For the further information you can login http://www.zameen-zaidad.com

Property advisers bet big on project consultancy

Posted on 2008-Aug-22 at 05:18 in Property in Gurgaon - 0 Comments - Post Comment - Link

 
Real estate advisory companies are looking at increasing revenues from project management consultancy services to offset the impact of an ongoing slowdown in the sector. The move is aimed at offering developers increased efficiency in construction and saving their time and money.
 
 As a consequence of the slowdown and a tighter monetary regime, Indian real estate developers are in no position to afford delays in their projects as it leads to cost overruns and increases the interest burden on company borrowings. The project management consultancy business is growing at 40-45 per cent year-on-year. Major consultants like CB Richard Ellis, Cushman & Wakefield Jones Lang LaSalle Meghraj are looking at increasing their revenues from this business.
 
 In the past few months, Cushman & Wakefield has witnessed a significant increase in enquiries from developers about project management consultancy services. Project management consultancy services have been around since the late 90s, but were largely restricted to MNCs, which relied on consultants to help them set up shop in a cost-efficient manner. 
 
 
 
 
                                                                                                 Curtsey: B.S   22.8.2008        
 

Realty companies put projects on fast track

Posted on 2008-Aug-22 at 05:16 in Indian Real Estate - 0 Comments - Post Comment - Link

 
 
 Property companies are expediting projects, or cutting down on project completion time, by nearly 20 per cent in an attempt to realise value and overcome the liquidity crunch.
 
 Companies that earlier took 36 months on housing projects are now completing them in around 30 months by boosting efficiencies and using modern technology.
 
 Commercial project developers are going a step further, completing projects in 17 months instead of 24.
 
 In some instances, mainly in smaller commercial buildings, developers are trying to cut down the project completion time to a mere 9 months. Take Mahindra & Mahindra’s upcoming special economic zone in Jaipur. The company has squeezed the construction time for a commercial building to nine months from the normal 12-15 months. It began the construction of a four-storey building in November last year and has already completed two floors with complete fit-outs that already house a BPO unit.
 
 Less than 100 meters away, the IT major Infosys is building a five-storey building that will house a 3200 seater BPO.
 
 The contractor started the construction activity in July and two floors could be ready by the month-end.
 
 Sumit Arora, vice president of the Pune-based DS Kulkarni Developers, said, “There is a lot of pressure from customers. Everybody has seen the world. You have to be on your toes and complete projects, lest buyers go to others.” The company expects to complete its upcoming housing projects in Pune, Mumbai and Bangalore in 18-20 months instead of the usual 24-28 months.
 
 The construction work of DLF and Indianbulls in Mumbai, Parsvnath (Delhi) and Sobha (Bangalore) is progressing even during the monsoons. “ Even if we cut the construction time by two months, we will save up to 20 per cent on labour and preliminary expenses, although the material costs remain the same,” said JC Sharma, managing director of the Bangalore-based Sobha Developers, which is the main contractor for Infosys.
 
 Sobha has prepared its own construction manual, an amalgamation of Bureau of Indian Standards and DIN (German Standards), which talks about the dos and don’ts of construction. Methods, safety-codes, tools and processes are photographed and filmed to show how construction could be speeded up. The company has also set up an in-house training school to train engineers, masons and architects on new technologies, processes and systems.
 
 The Hyderabad-based Indu Projects uses modular construction in housing projects, cellular lightweight concrete (CLC) blocks in building walls and beam-less slabs in commercial buildings to save on time and costs. These products save 25 per cent to 30 per cent time for the developer. Faster projects completion helps in realising funds quicker from the customers. “If you complete projects early, you can collect money faster from the customers and improve the turnover as payments are directly related to completion,” said Sharma.
 
 The main reason for the faster turnaround of projects is the decline in property sales by over 30 per cent in the last six months across Mumbai, national capital region (NCR) and other regions, which were the main revenue streams for the developers. Construction costs, which vary from city to city, are growing 20-25 per cent every year, said experts.
 
 
 
                                                                                        Curtsey: B.S   22.8.2008                

Sobha City

Posted on 2008-Aug-21 at 04:40 in Indian Real Estate - 0 Comments - Post Comment - Link

 
 
   Project Details                                                                                                     
Sobha Developers launched its first integrated township “SobhaCityin Thrissur, Kerala on 13th                                                May 2007.
  • This will be developed in 55 acres of land with a developable area of over 3.50 million SFT. 
  • This integrated town ship will have Super Luxury Apartments, Villas, Shopping Mall, Office Complexes, Hotel, Multiplex, and Convention Centre with MultiSpecialityHospital , located on the Thrissur – Guruvayoor highway.
  • This project is expected to be completed over a period of five years.
·      A man made lake, covering 6.5 acres with a long walkway around the lake is one of the features of   the project.
  
Any further information visit www.zameen-zaidad.com
 
 
 
Note : Areas, plans and rates are subject to change.

Sobha Lifestyle

Posted on 2008-Aug-21 at 04:39 in Indian Real Estate - 0 Comments - Post Comment - Link

 
 
Sobha Developers takes great pride in delivering international quality standards to its customers. Please find enclosed specifications for SOBHA LIFESTYLE.
 
Project Details
Location                                                      :   Devanahalli Bangalore
Type                                                             :   Presidential Villas (4 BR )
Land / Plot Area                                        :   53.8 Acres
Total No. of Units / Apartments             :   165 units
Plot Area                                                      :   5,000 Sft, 7500 Sft, 10,000 Sft
Super-Built Up Area of Individual Unit :   3851.70 sft - 6436.28 sft
 

  
 
Any further information visit www.zameen-zaidad.com
 
 
 
Note : Areas, plans and rates are subject to change.
 

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