Land Acquisition Bill - A Game Changer for Real Estate

On February 24, 2015, the government proposed new amendments to the Land Acquisition Bill that was passed in 2013. Since, then this bill has been a controversial topic in most of the Lok Sabha Parliament sessions. While the government is assuring the Lok Sabha that the changes will benefit the farmers and bring a revolution in the real estate industry, the opposition holds that the changes are anti-farmer. The present Indian government believes that due to significant national projects, infrastructure and defense certain changes in the Land Acquisition Bill are essential. However, the opposition says that the changes proposed by the government are difficult to make.

Real estate specialists believe that if these changes are passed it would bring a 360-degree shift in the industry. During the past five years, the investment of foreign companies in the Indian real estate industry has gone down tremendously. To keep money flowing into the real estate sector, the Indian government has proposed some big changes in the luxury real estate sector. These changes would benefit big landowners as well as small landowners.

Everyone today wants a luxurious home in India. Due to this, even small developers are looking at building beautiful and fully equipped luxurious homes in India. Earlier, foreign investors couldn’t invest into an Indian real estate project that was below 50,000 square meters. This number has now been changed to 20,000 square meters, which is beneficial for small land owners. Also, foreign investors, if invested in a developing project, weren’t allowed to withdraw or transfer their ownership stake to another interested investor. The investor had to wait for a minimum of three years after the completion of the project.

But the newly pushed reforms now give the foreign investors the liberty to transfer or take out their money from the project. However, this process would require the approval of the Indian government.

These changes are sure to attract more overseas investors to invest in Indian infrastructural housing projects. Apart from the bigger developers, these changes will benefit small developers too. The investment is sure to give smaller developers a much-needed backing to build more comforting and facilitated housing properties.

Due to these revised changes pushed by the current Indian government, the real estate market has a considerable improvement in foreign investments that will help developers to build great projects in different states of India. Many developers have started mid-sized projects offering luxury apartments in Chennai, Bangalore, Hyderabad, Mumbai, Delhi and more.

Analysts say that the passage of this bill will have positive implications for the real estate sector of India. It will help to boost the realty economic growth, which in return will provide developers to create advanced modern and urban housing spaces with high-quality. The approval of the bill is still in a debate in the parliament, but sources have pointed that the government is planning to take back the amendments proposed. They may roll back all the six changes proposed in the Land Acquisition Bill. But these changes made for foreign investments have bought a drastic shift in the real estate industry. The reforms will help developers to build big and better luxurious homes, boosting the housing infrastructure and development in India. Buy your luxury apartment in Hyderabad, Chennai, Bangalore, Delhi or Mumbai today.


This is a guest post by Deepak Yewle

Why is Property market still in doldrums??

Why is real estate market still in doldrums?? Many say, it’s because of BJP Government. But is this good or bad?? Let’s find out.

As we all know, property market in India thrives on cash (or unreported income). As long as cash is being pumped into the realty market, it thrives and investors make merry. However, the Narendra Modi government's efforts to uncover black money have reduced the generation of black money in the system. The impact of this change will become more pronounced in the coming months.

"With the new Black Money Bill (which was passed by the Parliament on May 26) and with the Cabinet approving the Benami Transactions Bill in May this year, the crackdown on Black Money will continue further.

All these steps by the Narendra Modi government have impacted the realty market in short term; however, it's a step in right direction (if we look at the long term prospects).

For too many years, people avoided taxes and pumped that cash into realty market. Consequences of such theft (avoidance of tax) meant property prices were shooting (almost doubling in 2 years). People parked their unreported income into real estate. Some bought 8 flats, some bought 15 plots. It was crazy. Real estate became the best asset class to make money in short period of time.

However, working class (or salaried class) was suffering because of high values of real estate. They could not buy their dream home. Their dreams of owning a home was fading, slowly but surely. Congress party did nothing to stop this mad rush to own the real estate.

Even though, Black Money from abroad can take time (years) to come to India. But, we have GOOD news that generation of Black Money within the country may slow down (or stop) and Property prices can become affordable for the working class and their dreams of owning a home can become a reality.

Investors can cry and they will cry, but it’s a step in right direction by Modi government. Few (maybe 1 or 2 %) investors shall not be able to decide the fate of 90% of public.

Amen :)

Mixed use properties on the rise in Kolkata

A ‘Mixed-use’ property or project is defined as any construction that combines residential, commercial, industrial and cultural units. These projects are steadily becoming the preferred option for real estate developers in Kolkata. The returns from mixed-use properties are much greater than properties which are just residential or commercial in nature.

• Mixed-use properties are on the rise in Kolkata

Kolkata has seen its fair share of large commercial and residential projects over the years but the trend of mixed-use properties is growing. The most noticeable configuration of mixed-use properties in the city are shopping malls and residential complexes. These projects however require large plots of land for their construction.

Mixed-use properties provide many benefits for residents, businesses, investors and real estate developers. Home buyers prefer these properties as they are in close proximity to their work place, school or a shopping complex. This leads to less travelling time since many amenities are just a short distance away.

The residential segment in a mixed-use property provides a customer base for the commercial sections like a mall or shopping center, which makes it an attractive investment option for businesses.

• Double delight for real estate developers

Mixed-use properties are also beneficial for real estate developers. The greatest benefit is that the development risk is divided between the options provided in the project. The presence of residential and commercial properties within the project attracts both sets of buyers. This leads to a faster recoup of the investment made by the developers.

Mixed-use properties can also be restructured, depending on the requirement from the developers. The reconfiguration can lead to an increase in the number of commercial units or residential units as required.

Mixed-use projects require large tracts of land for construction and the developing regions of the city are perfect for these properties. The development of these comparatively barren regions helps attract more buyers, because of the range of amenities provided. The availability of land for these projects also leads to better planning in the region.

• The future of mixed-use properties

Earlier, these projects were rarely perceived as lucrative opportunities in the Kolkata real estate scene. However the success of a couple of early projects has altered this, making real estate developers eager to provide more mixed-use projects for the residents of Kolkata.

The options for varying configurations of mixed-use properties increases their scope, and the benefits for home and commercial owners make mixed-use properties a great option to invest in.

Summary: Construction and planning of mixed-use properties is on the rise in India. The projects cater to both residential and commercial property buyers since they provide a lot of benefits compared to stand alone complexes or office buildings.

Author Bio: One of the leading players in the real estate market, Ideal Group takes pride in its rich portfolio of world-class ongoing and upcoming residential projects in Kolkata. 

Bathroom Makeovers in India

When it comes to bathroom makeover most of the people see it as an expense rather than an investment. Indeed true that the business in bathroom is plain necessity, it brings in great joy to indulge in a hot tub bath for hours if the atmosphere is right. But making over a bathroom can do much more than that. After all who would like the ugly sight of dampened walls lashed with broken tiles or leaky taps that steals the unwanted attention.

Benefits of bathroom remodeling- 

Bathroom renovations bring in tremendous benefits when done with care and planning. Here are few benefits of bathroom remodeling which brings in both form and functionality-

1. Bathroom renovation brings in the jest of luxury.
2. It creates right ambience giving you the joy of indulgence.
3. It shows off your taste for design and brings in personal touch.
4. Renovation can also mean more comfort and functionality, which lacked earlier.
5. When somebody enters the bathroom it gives the same feeling and equal pleasure as the rest of your home.
6. It can bring in a lot more space with the help of either virtual arrangements or physical constructions.
7. It can also make you more space for additional storage required for bathroom linen and towels hence decluttering other part of your house.
8. It improves the cleanliness of the bathroom by getting rid of old rusty pipes or hardware that is lashed withbuildup, which is beyond the reach of acids or other cleaning agents.
9. It also makes your bathroom green if you can opt for energy efficient bulbs and eco-friendly materials. This’ll save you on utility bills and also create healthy environment. 
10. Gets rid of mildew or mold accumulated over years, which otherwise could lead you to sickness. This helps to improve your overall health, psychologically as well as physically. It brings in feel good factor and lifts your spirits. 
11. Bathroom remodeling can increase the value of your property since the potential buyers look out for beautiful and functional bathroom while buying a house.  This gives your home immense boost adding to capital gain.

4 Handy tips to uplift your bathroom interiors by giving it a makeover under budget- 

1. Move it and get some floor space-

Huge vanity in bathroom looks stunning but can consume a lot of space. Vanities are a good option for big bathrooms with enough space for mobility.  However, the same good-looking vanity can become cumbersome in small bathrooms occupying most of the space. 

You can optimize floor space in small bathrooms by replacing vanity with modern sleek pedestal sink. This helps you save huge on your budget as well. Or the other way is to have floating vanity that still keeps the floor clear while retaining the look of sophistication. 

Petite wall mounted toilet is another way to add more room in your bathroom. Further if you want wet and dry area to be separate then a shower curtain should suffice. This not only makes it easy to keep it open when not in use but also fits in budget. Having a closed shower room can make your small bathroom too congested. 

2. Create storage space tactfully-

Storage in bathroom is so much more important than just having it done beautifully. You might not have all the space in the world to consider a closet inside the bathroom but having a few selves shouldn’t be so difficult. Sometimes it seems like it’s just not going to work and adding shelves would steal the look. However, with little planning and smart execution you solve the problem just-like-that.

Have a small mirror above the sink and install a shelf below it so that you can accommodate all your daily essentials. The space above your toilet is the most neglected area, utilize it and use it for storage with a chick cabinet or a couple of shelves. You can also squeeze in more storage space by mounting a shelf above the door or double the mirror so that you can hide away stuff behind it with a recessed cabinet or you could even have a full-length mirror that blends in with the style of your bathroom. 

3. Make it feel roomy –

Is your bath smaller and look like a cluttered cage? Here are few things you can do to make it feel bigger and better.

Go for a single tone when it comes to colour. The theory being that lighter is better, uniform color from ceiling to wall to floor makes it feel bigger. Contrast in color can chop off the space making it visually look smaller. Choose uniform colour for flooring, tiles on the wall, sink, bathtub, etc. But you can still play with colours by highlighting the hues of shelves or accessories. 

Make use of larger tiles on the floor as well as on the wall. The smaller the tiles the more the grout lines which tend to break the space and add bulkiness.  Get in some movement with pattern tiles on the floor such as herringbone pattern, which attracts the beholder to the width making it feel wider.

Bigger mirrors give it a more roomy feeling and also make your bathroom grander. You could also use mirrors or glass on top of wall cabinet to give it an illusion of depth rather than bringing it on the face with woody opaque cabinet doors.  Use clear shower curtains or clear glass to separate wet and dry area so that they don’t cut the space visually. 

4. The art and science of lighting your bathroom interiors-

Yes privacy is key in bathroom but don’t let your fear (of being seen in the state) creep in so much that you end up covering your window with dark or shady blinds. Let the light in by covering it with sheer curtains or frosted window glasses. Make use of mirrors to reflect the lights so that your bathroom makes the most from natural sunlight during the day.

When it comes to lighting your bathroom, you might want to use at least 2 types of lights- task lightand ambient light. Task lighting, like the one beside the vanity mirror or top of it helps to see yourself better. When you use the mirror to shave or for other purposes it gives a clearer reflection.You can add ambient light in the center of the bathroom required to illuminate the entire area.  Accent light and decorative light areluxurious options depending on the size of the bathroom, your bathroom décor as well as your budget. 

Conclusion-

Smart design and styling can rock even the smallest of bathrooms all under budget. You can transform your bathroom into a space that grows visually and adhere to functionality with few tricks like the ones mentioned above. A newly done bathroom is just so much more than increasing resale value. It’s a place you want to be in, relax and bath in sophisticationwithout making you claustrophobic.

This is a guest post Contributed by Wienerberger India

Professional Real Estate Consultants (PREC) Vs Agents

Professional Real Estate Consultants (PREC) and agents play very different roles in the real estate market, even though their roles and responsibilities are similar to each other and overlaps at times. A professional real estate consultant usually handles the clients with utmost care and advises the client’s requirements on their investment activities, educate them and help them to grow their money by connecting them to the right people by advising financials, abiding government procedures and the real estate laws. Whereas the normal agent also plays a role on suggesting the properties, showing them different options and helping them throughout the property transactions.

The major difference you could find between PREC and Agent is that, PREC is a well-educated, self-mannered and more disciplined in his approach and about the market; also handles the queries and advises in a professional way and resolves all the queries effectively, whereas you cannot find these kind of qualities in normal agent or realtor and there are very few people in whom you could find professional characteristics.

The agents moves forward along with the market, whereas the PREC takes his time, verifies, understands and have all the records with him before approaching the market. Once he catches the pace of market, he will lead the market on his own proven disciplines and principles, so this makes most of the builders, investors to get accredited by them and get their services. PREC will be studying and catching the pulse of the market much better than the realtors.

Consultancy Fees

Yet again the standard market fees for an agent or PREC are set as standard of 2% on the sale value. But PREC do charge more than 2% on fewer transactions that is because of their dedicated team; such as research, marketing and sales, who has expertise in their own streams, with their own code of conduct, disciplines. Real time consultancy companies like JLL, Knight Frank, Colliers, Cushman Wakefield, Square Yards, India Homes, Prop Tiger, and Property Connect, etc are few names which we can hear in the consulting industry as they have proven their PQRSTs services to the market and that is why they are way more different from any other agents and their charges would be a little higher compared to others.

This is a guest post by Property Connect

India goes mobile for property search

Press Release:

The Indian consumer has moved beyond ‘on-the-go’ shopping of basic necessities such as grocery, fashion or electronic products. The consumer today has extended his purchases on mobile from ‘Roti’, ‘Kapda’ to now ‘Makaan’.

Penetration of mobile and internet connections have aided consumer convenience. Digital revolution and technological advancement has played an important role to accelerate the shift of property search from desktop to mobile. Most people use their mobile device to explore at least one of the following: search for listings, find directions to a house, look for more information, call or e-mail an agent directly, or watch a video while out looking for a home.

Attached are findings from the study conducted by IndiaProperty.com that clearly indicates the growth in use of Mobile for property search.

Real Estate Growth in North Bangalore

Bangalore which is known as Silicon Valley of India continues to attract techies, NRIs and other skilled professionals from all over the globe. According to recent reports, there has been an increase in number of Indians returning back from abroad to the city. Bangalore is also attracting expats from other countries; these facts have become important for making Bangalore (which is an IT Hub) a preferred real estate heaven across the country. Bangalore hot areas like Jayanagar, Malleshwaram, and Koramangala, Indiranagar or Basavanagudi and other famous locations were the only choice of realty investors a decade ago. However, change of real estate trends and continuous expansion of the city has attracted buyers because of competitive price points and the growing infrastructure and the cosmopolitan culture which is spreading across the outskirts of Bangalore. All these changes have made the investment safe and guaranteed in Bangalore. In midst of all Bangalore locations, North Bangalore has shown tremendous growth in real estate and has become one of the greatest developing areas as compared to other locations.

We explain below the ‘key factors’ for potentiality of North Bangalore

• Location: 

Inauguration of Kempegowda International Airport has made North Bangalore as a hot spot of IT city. Major infrastructure developments like flyovers and road widening, malls, and major IT hubs like Manyata Tech Park and proposed SEZ parks in Devenahalli are the major key factors for the growth of North Bangalore.

Importance of north Bangalore will definitely increase as the present projects and new launches are comparatively more and the supply of more residential apartments which is going to be delivered in the next 2 years will see a major infrastructure development.

The projects after hebbal to devenahalli covering doddaballapur, hennur and outer ring road and you can find all the big players in these roads with their unique conceptual lifestyle designing projects. And the prices are starting from 70 lakhs to 7 crores, where you can find majority of millionaires and all the top management bureaucrats residing in these areas.

• Available land bank: 

North Bangalore offers huge land banks due to the major developments and future developments in these areas compared to any other locations, all these factors are attracting many realty players to come up with large residential projects and commercial complexes, which can go well with the needs of investors from various categories. According to the latest research from various sources, North Bangalore market is going to turn into ‘Greater Bangalore’ when compared to the other locations of Bangalore.

• Connectivity: 

North Bangalore has a great connectivity. Entire north Bangalore is well connected with larger part of the city through rail and road. Moreover, expressway joining Hebbal and Yelahanka has decreased the travel time to airport. Upcoming projects in north Bangalore will even make its connectivity better; some of them are High Speed Rail Link, which will connect city center and the international Airport; Monorail project connecting Hebbal, JP Nagar, and Peripheral ring road that will link Tumkur Road, Old Madras Road, Sarjapur Raod and Hosur Road. Good connectivity is required in making smart investment decision, since it provides great prospect, high income, and capital gains for investors in long term.

• Infrastructure: 

Infrastructure growth in north Bangalore has gained breathtaking drive due to Kempegowda International Airport, which became South India’s busiest airport and Manyata Embassy Business Park in Hebbal has biggest MNCs like IBM, Cognizant, Target, etc; larsen & Turbo, GKVK, Jakkur flying club. This part of Bangalore has seen numerous hospitals, educational institutes, and shopping malls in recent years. After analyzing the growth of North Bangalore in all sectors, the State Government has made a decision to increase a number of projects, which includes planned aerospace SEZ, Rs 1,000-crore financial city and the Information Technology Investment Region (ITIR).

• Overview:

As per analysts, it is evident that North Bangalore’s real estate growth is basically driven by new infrastructure developments, land availability, greater connectivity, IT parks, and airport. Real estate market in North Bangalore’s offers diverse products for all types of requirements. Both premium and affordable villas along with apartments, row or town houses, villas, and presidential villas are available at all prices suiting to everyone’s budget. Also Karnataka government has promised to take care of basic infrastructure in north Bangalore, it is certain that investment in real estate will surely show potential return in long term. All these aspects will force real estate growth in North Bangalore region and will bring profits for anyone looking at real estate investment.


This is a guest post by Asharani C

The answer to leading a Luxurious Life - Villa

Living in a spacious setting, with large garden, a huge parking space, stairs coming out from the mid of living room and reaching spacious room set on the upper floor. With a big terrace and a few extra spaces here and there will make everybody’s dream of living in heaven on earth a reality. This is how a luxury apartment aka villa feels like. If you want to know what it is all about, keep reading.
                         
Irrespective of the 16% buyers looking for builder floors in the emerging IT hub of India, the demand for villas continues to grow among the buyers and maintain the niche position. The reason for this demand varies from large space, decoration opportunity to a huge play and parking area.

Irrespective of whatever the reasons typical villa buyers may have, they witness the comfort and superiority they get after investing in a villa.

Reasons for this increase in demand

The factors that have seemingly led the world to demand villas are:

1. They want to stay away from the hustle of the cities
2. The area they will be getting is huge
3. There is a lot of space for innovation or second income
4. Less or no parking/ waste nuisances
5. Rise in income

Along with the above mentioned factors, things like the excitement of living in an independent house with zero interference is what drive property seekers to Bangalore. Another important benefit of investing in villas in Bangalore can be that time of construction is faster and therefore the time of possession.

Reasons why Bangalorites are opting for luxury living provided by villas

When it comes to following your dream of living a spacious and luxurious life, things like the price, income level and taxes etc. does not stop you. In case of Bangalorites, the factors for this choice can be:

• High level of Income

People who live and work in Bangalore are paid more than their other metro counterparts, mostly because of the high cost of living.

• Need of Personal space

Like every other metro people, they too crave for the feeling of being secluded with no interference, where they can relax after a hard days at work.

• Connectivity

The area where villa system is most prevalent is the Sarjapur locality. The area is easily connected to rest of the city through multiple modes of networks.

• Land price

The price of villas here is much lower than what they will get in other metros or similar areas.

• Amenities

The builders who houses in the Sarjapur area provide all the basic amenities that an investor can expect from living in an apartment.


Living in a villa has its own perks but some things should be given huge consideration too, like the age and condition of the property, the reliability of developers, and their past work etc. Other things you should note before making a huge investment is the locality, how is the commutation from this locality, the people who are going to be your future neighbors. Also note the resale value of your property in case you decide to sell it in future.

Villas have proved to provide a luxurious living statement along with comfort and a chance to have a second earning. Investing in one is a sweet deal, but like any other investment make sure you gather full information about the builder group.

This is a guest post by Tripti. Her articles talk about the real estate industry. She is an avid reader and a keen observer.

The Launch of Virtual Tours for Resale and Rental Properties

Indian consumers are increasingly becoming digitally savvy and prefer using online interactions owing to the cost efficiency. Resale and rental properties are no exceptions. With new improvements in design and marketing, every realtor is trying to provide better service. CommonFloor decided to launch live-in virtual tours to improve the property search efficiency for its consumers. Read on to see how and why this idea was conceived.

Why Virtual Tours? 

Sumit Jain, the co-founder and CEO of Bangalore based real estate portal, CommonFloor had one thing to say about the use of pictures. “Photographs are of the past”, he said. This makes every sense since technology today can drive multiple applications in a jiffy. The world is transitioning to virtual reality and Google Glass today, and it makes all the sense to revamp one’s services for today’s age.

By using virtual tours for resale and rented properties, CommonFloor is aiming to provide a close to reality experience. The idea essentially was to eliminate the need to visit the property to make a decision on the same. The live-in virtual tour on the CommonFloor website and mobile app are set to do exactly that.

In 2012, Housing.com had introduced the concept of verified listings that were backed with data. They sent their team to visit every listed house and verify and collect information about the listing. It was the differentiating move then, which the competition adopted within a year’s time.

How is this Information Collected? 

CommonFloor plans to create a hybrid model with its virtual tours. They plan to have their team actively map every single listed house in their portal while empowering brokers with technology. A plan to scale the operations up to 5 lakh property mappings is in place as more than 5000 properties have already given virtual tours. The company provides its services to the customer for free, whereas the revenue pitches is on a “per lead” basis from the brokers/homeowners.

Lalit Mangal, the co-founder and CTO of CommonFloor explains the virtual tours to be a product that gives the company a cutting edge in the market and provides the seekers with a wall-to-wall and ceiling-to-floor exploratory power.

CommonFloor currently has a team of over 1000 employees and has listed over 1 lakh residential projects from 200+ cities. They have also developed the virtual reality based device called CommonFloor Retina that takes live-in tours to the next level.


This is a promotional post by Pravitha Rohit

The Hottest Countries for Real Estate Investment in 2015

The Global real estate market has evolved big time in the last few years and the investors are now increasingly investing in emerging economies like India. Even though the rating agencies world over have given preference to developed nations like United States, Australia, France, Hong Kong, Singapore, England and the United Arab Emirates ahead of India, the nonresident Indians and institutional investors world over believe otherwise. And their belief does make a lot of financial sense.

The Indian property market is among the fastest growing sector in world realty and as a result the country has emerged as the hottest destination for realty investments in 2015. Here are the important reasons for renowned interest in Indian real estate industry –

• Lower prices

Barring few places in Delhi, Noida, Mumbai and luxury flats in Gurgaon, the realty prices in India are much lower as compared to the world’s average. This basically means that the investors from across the world have greater chance for price appreciation with lower input costs. Additionally, the evolution of multitude of online real estate portals has meant that people sitting abroad can now purchase property in India without actually having to do personal on-site visit. These portals features lakhs of verified realty listings and the users can get complete details of all properties/projects from the comfort of their home or on mobile apps.

• Rupee factor

The value of rupee is the other big reason why people from across the globe are aggressively investing in Indian realty market. The value of 1 USD is equal to nearly 64 rupees, while 1 Australian dollar is nearly 50 rupees and the Singapore dollar is not far behind valuing approximately 48 rupees. This means that people spending in foreign currency to buy flats in India will have to invest a lower sum.

• Favorable norms for foreign investors

The other big factor for India emerging as the hottest country for property investments in 2015 is the favorable foreign direct investment (FDI) norms. The Modi government has brought in several reform measures to relax FDI rules in construction sector. The central government has also eased the entry and exist norms which has led to a flurry of offshore money in the country. Its trending FDI in realty sector!

• High demand for residential housing

The expected price appreciation is also one of the critical reasons why the country is attracting lot of investment in infrastructure domain. The realty prices across the country have appreciated more than 200% in the last 10 to 12 years. And looking at the current growth rate, most analysts believe that the prices in construction segment including residential, commercial, industrial as well as hospitality segment, will appreciate annually at the rate of 12% to 14% in the coming few decades. The government reform measures such as building 100 smart cities, housing for all by 2022, constructing new highways, roads, rail tracks, ports and airports will go a long way in complementing the growth. In fact, as per the recent news, the market size of Indian real estate is all set to touch 180 billion USD by 2020.

This is a guest post by Rajveer Das

Mahindra World City - Mahindra World City, Chennai India’s first Gold Certified Integrated Business City

“Transforming urban landscapes by creating sustainable communities“– has been the mission of Mahindra Lifespace Development Limited.

Mahindra Lifespace Developers Ltd. - the real estate and infrastructure development business of the $16. 5 billion Mahindra Group, is a leader in sustainable urban development, through the creation of residential and integrated large format developments across nine Indian cities - Mumbai, Pune, Nagpur, Gurgaon, Faridabad, Jaipur, Chennai, Hyderabad and Bangalore. The Company’s residential & commercial development footprint includes over 0.8 million sq. m. (8.3 million sq ft.) of completed projects and over 1.0 million sq. m. (11.3 million sq. ft.) of ongoing and forthcoming projects.

Mahindra World Cities pioneered the concept of integrated cities designed to create a balance between Life, Living and Livelihood. These integrated urban centers are located near existing metros and comprise SEZs, Industrial Parks, Retail and Social Infrastructure.

Promoted in a Public Private Partnership by the Mahindra Group and TIDCO (A Govt. of Tamil Nadu Undertaking), Mahindra World City surpasses the conventional definition of a business space - it is a business eco-system, carefully linked and integrated to function with efficiency. Mahindra World City, Chennai is India’s first integrated City and Corporate India’s first operational SEZ.

Mahindra World Cities are serving as hotbeds of industrialization by attracting foreign businesses and providing Indian companies the environment to export, at the same time they are providing windows of opportunities to local economies. With exports generated in excess of USD 1 billion in FY 2013-14, our cities also focus on integrated modern living.

Etching its name on India’s business map, Mahindra World City Chennai, has attracted corporate giants such as BMW, B.Braun, Capgemini, Holiday Inn Express, Infosys, Ingersoll Rand, Lincoln Electric, Parker Hannifin, Renault-Nissan, Tesa SE, Federal Mogul, Fujitec, NTN Corporation, Timken, TVS Group of Companies and Wipro among others.

Planned as a single point destination for domestic and global companies, Mahindra World Cities include Special Economic Zones and Domestic Tariff Areas. At full stage of development, it envisions to generate direct employment for more than 2, 00,000 people. The Lifestyle Zone, located alongside the Business Zone, offers residences, schools, medical centers, retail malls, business hotels, recreation and leisure facilities, and wide open green spaces for a clean, healthy environment. Bringing life to the city is an environment replete with culture, sports, music, festivals and a lot more.

Mahindra World City Chennai, located on NH45, spreads over 1550 acres and houses more than 60 blue-chip companies across IT, Auto, Fashion and Apparel, etc. MWC Chennai partners with the Indian Green Building Council to become India's first "green township." It is a partnership with the State Industrial Development Body, viz Tamil Nadu Industrial Development Corporation Ltd (TIDCO).

Being one of India's fastest growing commercial and industrial centers, Chennai welcomes many global organizations to set up within its borders. Tamil Nadu, with a proactive state government and investment-friendly policies, has been at the forefront of attracting investments in India.

An international airport, two modern seaports and abundant skilled manpower, a huge talent pool of engineers, make Chennai the ideal destination of choice.

The Paranur Railway Station is the first station of its kind in India to be built in a Public-Private partnership. The Paranur station serves as a Gateway to Mahindra World City. Railways have become a preferred mode of transportation for a majority of the employees who currently reside at Chennai and the suburbs. Moreover, the railways serve as cost effective, efficient and comfortable mode of transport.

The residential and social amenities zone at Mahindra World City, New Chennai designed by M/s HOK, USA, won two international awards for the ‘Mahindra World City’ master plan from the American Society of Landscape Architects (ASLA).

Mahindra World City: A Green township that has aspired to achieve balance between Life, Living and Livelihood

Mahindra Lifespace Developers Limited, the real estate and infrastructure development business of the $16.5 billion Mahindra Group, announced that Mahindra World City, its integrated city in Chennai, has been India’s first township to be awarded with Stage I certification under IGBC Green Townships.

It was evaluated on four environmental categories as defined by IGBC which included – Site Selection and Planning, Land Use Planning, Transportation Planning and Infrastructure Resource Management and Innovation in Design & Technology.

Mahindra World City Chennai is a city of many firsts in the journey of sustainability. It has been a pioneer in commissioning an Off-grid solar power plant in the State of Tamil Nadu. Located in The Canopy, the 75 kw Off Grid - Solar power plant, has the capacity to generate 1, 16,000 units of clean electrical energy annually, offsetting almost 60 tons of CO2.

India’s first ‘Green Homes’ developer and one of the first companies to receive the ‘Platinum-rated' green homes pre-certification from IGBC, the properties enhances a sense of well-being that translates into better health, its design maximizes sunlight and cross ventilation translating into lower energy consumption and it uses building materials that enhance temperature insulation.

Rainwater harvesting facilities for the park and recharge pits to collect rain water are imperatives within the city with the companies within Mahindra World City having rainwater harvesting facilities within their campuses. A network of storm water drains has been constructed along all the roads and the entire run-off water from surrounding water bodies and excess rain is conveyed through the storm water drains into the Kolavai Lake.

Mahindra World City, Chennai has developed the best in class infrastructure to create an international destination that attracts global investors and generates economic activity and livelihood opportunities.

The business zone is classified into a Domestic Tariff Area (DTA) and three sector-specific Special Economic Zones (SEZs) for IT (Services and Manufacturing), Auto Ancillaries and Apparel and Fashion Accessories.

The ethos of Mahindra World City has been creation of a holistic ecosystem which not only nourishes business but also makes quality living inside the city a reality. The master plan envisages development of Social and Commercial Infrastructure to integrate work and living. The current developments at Mahindra World City, Chennai include multi format housing, railway station, school, hospital, hotel, commercial centre, club among others.

With excellent living spaces, amidst clean, green, natural environs, Mahindra World City has been built and designed with one simple aim - to make life better for its residents. Spread across 285 acres, the zone has been well planned to provide living spaces supported by modern social infrastructure to over 6000 families across diverse segments.

MWC is located on National Highway 45, not far from the airport, seaport and has a railway station. Nearly 15,000 people use the train services every day.

Mahindra World City is a budding destination for retail, recreation and leisure products and services, providing the perfect setting as a city extraordinaire. The master plan includes a hotel, a hospital, multiplexes, shopping malls, outdoor sports and common recreation centers. The City is located in a rapidly developing industrial and residential belt, well connected by road and rail. The retail and social zone of the City will cater to the people living and working in both the World City and surrounding areas.

MWC Club offers endless options for recreation, leisure, sport and fun that are designed for everyone. Whether it's swimming and lazing in the pool or pampering your senses at the spa while others enjoy playing a game of tennis, it is here at MWC Club that you can truly maximize life and experience the best.

This is a promotional post by Mahindra World City Chennai. If you would like to promote your projects, write to us at nirrtigo@nirrtigo.com

Real Estate Investment in Kolkata

Investing in real estate is profitable in many ways. Property can either be rented out for a fixed monthly income or sold later for profit. However, most of the purchases consist of a considerable amount of money changing hands and it is advisable to check up on a few facts before plunging into any deal involving real estate.

• Factors to consider when investing in real estate

Location has the biggest impact when it comes to investing in real estate projects in Kolkata. For e.g. the price of any residential project in a prime location is invariably much more in comparison to other projects. Proximity to schools, malls, markets etc. is something that buyers look for and this appreciates the value of an upcoming or ongoing project. So, the better the location, the higher the value of the property becomes.

There are many other points to consider. Any project which adheres to government regulations about building norms helps in increasing the value of the property by virtue of its trust factor. The main entrance of the project also plays a role in deciding the property’s valuation. A nice entry for a property can help in creating a good perception for a project as a ‘feel-good’ factor. Safety and security in the region and within the property is another important aspect to consider when investing in real estate.

The facilities that the property promises to provide must be looked into when the purchase is being made. This is especially important when dealing with residential projects or complexes as they have many features and facilities which can make a property attractive.

• The rise in real estate investment in Kolkata

Kolkata has witnessed a gradual rise in property prices with more people gaining trust in real estate investments in Kolkata. More properties are being constructed to cater to the needs of the city and also around the outskirts of the city. This growth of the real estate market to an extent is dependent on the transportation facilities in the city. Kolkata features the most economical modes of transportation compared to the other metros in India. Recent developments include plans to extend the metro railway in Kolkata to facilitate connectivity across more regions within the city. This has allowed real estate companies to develop properties away from the main city as these regions will be well-connected after the completion of the project.

Most developers and real estate companies in Kolkata often adapt and follow model projects in other metro cities. Therefore, good planning of residential projects has been another reason why real estate properties in Kolkata are seen as good investment opportunities. Real Estate companies often try to attract buyers by offering gifts with the purchase of any property. Free televisions, cars and parking spots are perks that prospective buyers find worth the investment.

Real estate investment is more affordable in Kolkata than in the other metro cities. The prices for flats in residential projects are lower than those in cities like Mumbai, Delhi, Chennai or Bangalore. Also, the re-sale value of these properties provides a decent return for any investment. It is due to these reasons that investing in real estate properties in Kolkata is on rise.

This is a Guest Post by Anita Kedia

Luxury houses in India: Choose EMI over rent

Are you paying an enormous sum of money on house rent every month? If yes, ask yourself, that why are you letting your hard-earned money to go down the drain? There is no need to do that anymore! Now, you can select your dream home from various luxury houses in India by investing the same money on EMI. As per research, young professionals are seeking accommodation by buying luxurious houses in India on EMI basis. When the real estate market has a lot to offer then who doesn't wish to spend a little extra and raise their standard of living? Read further to discover how young India is investing in apartments in Chennai and other parts of the country.

• Matching the demands of young professionals

When it comes to buying luxury houses in India, young, ambitious, and working professionals under the age of 30 are not looking for conventional choices. As per a survey, it was found that young adults wish to buy apartments in Chennai and other metropolitan cities. They do not mind investing in residential properties that are surrounded by greenery and situated on the outskirts of the city. The primary preference lies in high-rise buildings with required amenities.

According to the survey, it was also found that conventional residential spaces do not excite working professionals under the age of 30. The hunt is for owning a property that has a decent connectivity with the rest of the city, but the residential complex needs to offer something unique as compared to the other ongoing projects. A decent society needs to provide social comfort, as well as add to the intellectual quotient of the person. Keeping in mind the fast paced lives of young individuals, they prefer purchasing luxury houses in India that have a few restaurants and food joints nearby.

• What real estate developers think?

Today, the real estate market is buzzing with modern and upscale luxury houses in India. They understand that the young prefer properties with greenery around. Having facilities such as schools, hospitals, groceries or supermarkets, works as an advantage. Since they are working individuals, they would require a well-knit local transportation from their residence to their workplace. Hence, real estate developers are designing homes where young people can choose between both comfort and affordability. Many luxury houses in India, especially apartments in Chennai are booming with an excellent social infrastructure, lifestyle shopping malls and health care centers. Most premium projects are coming up with a temple, swimming pool, Jacuzzi, spa, badminton and squash court.

• EMI system is soon catching up with the young crowd

It has to be noted that when youngsters hunt for luxury houses in India and are away from their hometown, they avoid the conventional way of staying with distant relatives. Staying on rent turns out to be a huge hassle because you cannot make too many changes to the house as it is rented. For example, even if you would want to drive a nail into the wall, you would require permission from the owner. Banks have now made loan availability procedures easier as compared to the earlier times. The interest rates too have been brought down. These days, even real estate developers are providing low-down payments and EMI options with zero percent interest. In today’s times, owning an apartment in a contemporary housing complex has become a necessity as well as an aspiration for the urban youth. It has created a demand for quality housing and real estate developers are taking a note of this.

Nowadays, the topmost real estate developers of the country such as House of Hiranandani are coming up with the concept of environmentally-friendly buildings. They have lured potential buyers to invest in larger upscale projects with world class facilities. House of Hiranandani believes that young working individuals prefer innovative designs, classy infrastructure, and built-in modern appliances that save time and energy. Hence, they are working on developing luxury houses in India.

With young investors choosing to buy luxury houses in India on EMI basis, real estate developers are coming up with lucrative schemes for their housing projects. After all, every potential investor wishes to buy a luxurious home at their convenience.


This is a guest post by Deepak Yewle

Rahul Gandhi attacks Modi Government’s Real Estate Regulatory Bill. Is he right??

Author: Sachin Gupta | Find me on Twitter Follow @sach_gupta

Real Estate Regulatory Authority Bill is facing tough resistance from the Congress Party. Congress Party Vice President has taken up the cause of middle class home buyers. Congress Party is of the view that the bill in its current state is anti-home-buyer and pro builder.

Last Saturday 2nd May 2015, about 200 home buyers who have grievances against builders met Mr. Rahul Gandhi at Congress Headquarters. The problems highlighted by home-buyers ranged from delay in deliveries of flats to shortchanging by the developers.

Congress opines that some amendments to their bill have been made which are pro-builders (Read here about Real Estate Regulatory Bill 2013 passed by Congress Government).

1. Definition of Carpet area has been changed. As per the bill passed by the Congress party, carpet area was ‘net usable area’ in an apartment, excluding the walls. Now, it has been amended and the ‘net usable area’ will be ‘rent-able area’ as defined in National Building Code 2005 or its later versions.
2. In the bill passed by Congress government, builders were not allowed to change the sanctioned plan once it was approved. Now it has been amended and minor changes are allowed by informing the buyer. 
3. In the bill passed by the Congress government, it was difficult to get extensions on project deadlines. However, it has been amended now and builder can seek extensions‘…due to force majeure or under such conditions as may be prescribed, which may include issue of completion certificate, approvals etc. without default on the part of promoter…’
4. In the bill passed by Congress government, a builder had to keep 70% of the money collected from home-buyers for the project. Now it has been amended to 50%.

Well, the points made by the Congress party are certainly in the interest of the home-buyers. However, we need to look at the whole picture comprising of Home-buyers, builders, and authorities.

Let’s take an analogy. A car comprises of fuel injection mechanism and exhaust mechanism. Fuel goes in the engine and burns and produces emissions. If fuel is of good quality and is mixed appropriately, then, we have a complete combustion and there are no toxic emissions.

As things stand today in real estate sector, we won’t get the solution if we focus only on the exhaust side. Because make no mistake, howsoever, we may try to fix the problem at the exhaust side, we won’t get the solution. There will always be toxic elements.

What we need to do is ‘fix the problem at the Fuel intake side’. And that means, taking into consideration all stakeholders including the builders, home-buyers, and authorities.

What are the ingredients for ‘Good quality of Fuel’ at the intake stage?

1. Make Land acquisition process smooth and transparent.
2. Digitize land records in order to eliminate title disputes.
3. Single window clearances for realty projects. As things stand today, a developer has to take 40-60 approvals depending on the state. This whole process of taking approvals delays the project and increases the cost. By some estimates, project cost will come down by 20% if we have a single window clearance mechanism in place.
4. Independence agencies to inspect the project during construction phase in order to make sure that project is being constructed as per the ‘National Building Code’.

Having the right Fuel at the intake stage will make sure that construction of the project is smooth and on time. There won’t be any discrepancies.

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Kisan in Demand! Are Political parties such as Congress, AAP, and others in opposition right in keeping Kisan a Kisan?

Author: Sachin Gupta | Find me on Twitter Follow @sach_gupta

Kisan in Demand

In the name of Kisan, major political parties are organizing mega rallies. Congress Party organized a Kisan rally in Ramleela Maidan in Delhi on 19 April 2015. Aam Aadmi Party followed the trend and organized a rally on 22 April 2015. Gajendra Singh of Dausa (Rajasthan) died at an Aam Aadmi Party (AAP) Kisan (Farmer) rally in New Delhi on Wednesday 22 April, 2015. The rally was organized by Aam Aadmi Party and its leader Arvind Kejriwal against the Central Government’s land acquisition bill. Gajendra Singh, a farmer from Nangal Jhamarwada in Bandikui of Dausa district, ended his life by hanging himself from the tree during the rally. And as expected, the blame game and politicization of issue has begun. Well, what we are witnessing today is the recreation of ‘Peepli Live’ in Delhi.

Various theories are floating around as to why Gajendra Singh ended his life. Was it because of crop failure due to unexpected hailstorm and nonseasonal rain? However, local officials said crop loss in Gajendra’s area had been between 20-25%, far less than the damage in many other parts of Rajasthan. Well, investigations have been ordered by the home ministry and we will get to know the truth in coming days or weeks.

However, Gajendra is not alone in this battle. Suicide has spread like an epidemic among the distraught farmers. About 158,745 farmers have taken their lives since 2004 till 2013 and 86.5 percent of farmers who took their own lives were financially indebted.

Do these so Called Pro Poor and Pro Kisan Parties really care about Farmers issues?

Now, the question that needs to be asked from so called Pro Poor and Pro Kisan parties is, ‘Should the farmer remain tied to farming for generations and live in poverty’?? A closer look at the world data tells us the complete picture:

It is clearly evident from the Graphs above that rural population & employment in agriculture in India needs to come down to China level or world level. There are simply too many farmers working on the farm and they need to be put in industries to lift them up from abject poverty. To increase per capita income, to improve people’s livelihood, jobs and employments need to be created in a massive way. And Focus on Manufacturing can help in lifting millions out of poverty.

And the parties such as Aam Aadmi Party, Congress Party shall introspect and not oppose land acquisition bill just for the sake of opposing it. The bill must be debated and passed in a given time frame for rapid industrialization in India. Most farmers approach MPs and MLAs for jobs for their children in industries and not for working in farms. However, the very same farmers are incited by these parties for political gains. The focus shall not be on Bills in parliament; instead, the focus shall be on ‘how to lift people out of poverty’?

Land Acquisition Bill

In this political slug-fest, Land acquisition Bill has now become a hot potato. Congress, Aam Aadmi Party, Left, and Janta Dal have all united to oppose the bill in Rajya Sabha. Congress Party is in such bad mood that it is opposing the laws mooted by them in first place. They failed to deliver on those laws is another matter.

For moving millions out of rural areas to urban & semi urban areas, government needs to build capacity. And by Capacity building, we mean, developing industrial corridors, housing, roads, power generation, and irrigation. And all of this capacity building needs to be implemented at a fast pace because Kisan cannot wait for entire generation to move out of poverty and live a dignified life. 

In this context, Land acquisition becomes vital. Land is required for all these capacity building projects. India is in sweet spot at this stage among major world economies and domestic as well as foreign investors are willing to pump in the money to build infrastructure projects. However, land acquisition is major issue for these firms with many of them postponing investment in projects citing land acquisition problems. There are suggestions by some corners that these industrial enterprises shall purchase the land directly from the farmers. However, it doesn't seem feasible in India because of disputed land titles. And this is where Government has to step in to acquire land and then invite industries to build projects.

So, what are the main issues that Opposition Parties are against in the amended Land Acquisition Bill?

Till 2013, Land acquisition in India was governed by The Land Acquisition Act of 1894. However, following the controversies of Singur in Kolkata and bhatta parsaul in Uttar Pradesh, the UPA government in 2013 brought in a new bill called ‘Right to Fair Compensation and Transparency in Land Acquisition, Resettlement and Rehabilitation (RFCTLARR) Act’ to repeal the 19th century act. However, Industry players objected in unison saying the bill was too draconian and the bill will make sure that no land is acquired in the country thereby halting economic development.

After the NDA Government under Mr. Narendra Modi came to power, the focus shifted to industrialization in order to create jobs and economic prosperity. The new government decided to bring in following amendments to UPA Land Bill of 2013:

According to PRS Legislative Research these are:

1. Excluded Acts brought under the RFCTLARR Act: According to the Act 2013, 13 Acts were excluded from the RFCTLARR Act but with the new ordinance they are now brought under its purview. Thus, it brings the compensation, rehabilitation and resettlement provisions of these 13 laws in consonance with the Act.
2. Removal of consent clause in five areas: The ordinance removes the consent clause for acquiring land for five areas - industrial corridors, public private partnership projects, rural infrastructure, affordable housing and defense. The ordinance also exempts projects in these five areas from Social Impact Assessment and acquisition of irrigated multi-cropped land and other agricultural land, which earlier could not be acquired beyond a certain limit.
3. Return of unutilized land: According to the Act 2013, if the land remains unutilized for five years, then it needs to be returned to the owner. But according to the ordinance the period after which unutilized land needs to be returned will be five years, or any period specified at the time of setting up the project, whichever is later.
4. Time frame: The ordinance states that if the possession of acquired land under Act 1984 is not taken for reasons, then the new law will be applied.
5. Word 'private company' replaced with 'private entity': While the Act 2013 stated that the land can be acquired for private companies, the ordinance replaced it with private entity. A private entity is an entity other than a government entity, and could include a proprietorship, partnership, company, corporation, non-profit organization, or other entity under any other law.
6. Offence by government officials: If an offence is committed by a government official or the head of the department, then s/he cannot be prosecuted without the prior sanction of the government.

The Congress Party, Aam Aadmi Party, Left, Janta Dal are against these amendments. Recently, Rahul Gandhi in Parliament even termed the government anti poor and pro corporate.

Is Corporate really a Bad/Dirty word??

Citizens of this country answered in big numbers that we want economic growth by voting for Modi Government in 2014 elections. If Congress Party was Pro Poor, they would not have lost the elections so badly. Because make no mistake, the real power in India lies with poor. Now that poor has voted for Modi Government, the opposition parties shall introspect and not halt economic progress of the country.

Is ‘Profit’ a dirty word? Why would an industrialist take all the risks and set-up factories if ‘Profit’ be labeled as dirty? On the other hand, so called pro poor parties shall answer; is ‘Poverty’ a virtue? Since Independence, more than 65 years have passed by and pro poor parties are still shouting pro poor slogans. What did they do to lift poor out of poverty? Take a look at China & other countries and how they have successfully lifted millions out of poverty.

Ask any farmer from the Greater Noida (Noida extension region) about their land. And they all will tell you, that they are happy to sell their lands. Son of a farmer who was working for Rupees 4000 a month is now driving an Audi. Sanand in Gujarat has also witnessed such boom after Tata set-up their Nano plant. Manesar, Bhiwadi, Daruhera, and Greater Faridabad are other such examples where farmers have benefited from industrialization. As depicted in chart (employment in agriculture sector in India), millions of farmers need to move out of farms to work in industries for better livelihoods. Farms can simply not feed such a large population.

Market Place Economy:

We no longer live in a capitalist economy as termed by some Congress and Left members. Instead, we are moving towards market place economies. Anyone with entrepreneurial spirit can succeed. Capital is available for innovative business ideas and business models. Merit is the need of the hour and not doles. The more efficient or skilled one is, the more prosperous one grows. Therefore, keeping farmers on farms is nothing but hindering their growth.

Land Acquisition is an important legislation and must be communicated well by the central Government. It’s not about land acquisition; it’s all about removing poverty from India. Moving towards industrialization will mean more tax revenues for the government which then can be used for social welfare schemes for the benefits of poor.

The new Nara (slogan)

Jai Jawan Jai Industry

Author: Sachin Gupta LinkedIn

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Find your home in Sector 107 and Sector 168 in Noida by Sunworld

SUNWORLD ARISTA at GH-1C, Sec 168, Noida Expressway is a well-designed residential complex by SUNWORLD Developers Pvt. Ltd.

Built next to some of the renowned IT parks and schools within reach, it links to the Apollo Hospital at a mere distance of 15 minutes.

It comprises of two kind of apartments (3 & 4 BHK and Studio Apartments).While the 3 & 4 BHK Apartments have been categorized into four types (3BHK – 1750, 2100, 4BHK – 2700, 3500 Sq. Ft.) based on the area ,the Studio apartments are fully furnished covering an area of size 615 Sq Ft. and provide much of the basic amenities plus a few luxuries as well.

The architecture is a blend of two eras, the design of the 19th century Britain spiked with the privileges of the 21th century. The place being arranged with the sport lovers in mind also provide a soothing Yoga and Meditation area for the calm and composed.

The Developers provide two kinds of payment plans for the convenience of its customers which include the 60:40 plan and the down payment plan. The prices vary depending on the preferences made such as the choice of the floor and the view.

The builder also offers a wide range of other projects including the Sunworld Vanalika and more.



SUNWORLD VANALIKA, another project by SUNWORLD Developers Pvt. Ltd., located in GH-1B, Sector -107 (opposite Sector-47), Noida is a finely designed residential complex, crafted specially for those who want to stay close to the nature.

The project comprises of 3 &4 BHK Apartments and has been divided into four categories (3BHK - 1405, 1730 & 4BHK - 2650, 3400 SQ FT) based on the area plus the design.

Surrounded by a 20 m long green belt, it provides all the basic facilities like ample parking space, swimming pool, amphitheater, play courts and much more, with the main attraction being the serene landscape that soothes one’s mind and soul.

It further connects all the major necessities involving banks, food courts, hospitals and schools via a 10 or 15 minute route with the major landmark, the ATTA Market located at a distance of 550 m.

It comes with two easy payment plans, one being the 40:60 plan where 60% of the total amount can be paid at the time of possession and the other being the 25:75 subvention payment plan.

The prices vary according to the preference of the location. Some of the towers are even completed and ready for possession.

For Bookings, Click here

Find your home in Sector 78 and Sector 79 in Gurgaon by Raheja Developers

Raheja Ayana Residences

Nothing less than beautiful, serene, and mesmerizing is what describes the Raheja Ayana, latest launch by Raheja Developers.

With its interiors done by La Sarogeeka, India’s only Luxury Interiors MNC, the housing society indubitably typify opulent lifestyle.

Sprawling across 5.16875 acres of land, stationed at Sector 79B, Gurgaon, the housing project connects to the IGI Airport via a 22 km route and NH8 via a 3 Km distance.

With this new invention, the developer plans to pamper its customers with technology driven, ultra-luxurious, smart futuristic homes in the lap of nature. The placid view of Aravallis from the Balcony open wide, feels like residing on the Paradise on Earth.

Presenting the Housing Society with a Bungalow look, the residents are allowed to capture a complete floor of their own flaunting their individuality.

The apartments are available in sizes:-

• 3 BHK (Sale-able Area)

Plot Size (Sq. Yd.)/ Floor Size (sq. ft.)	T4C (358.8)	T4D (338.95)	T5E (398.9)	T5F (384.514)	T5 (448.5)	T5D (497.44)	IR2 (283.10)	IR3 (367.59)
First	4313.54	4164.01	4652.34	4589.74	5183.87	5614.14	3147.40	4344.19
Second	1887.84	1881.82	1900.99	1896.13	2200.06	2352.19	1555.56	1800.28
Third	2473.95	2440.79	2552.02	2525.64	2904.61	3132.58	2021.89	2398.67

• 4 BHK (Sale-able Area)

Plot Size (Sq. Yd.)/ Floor Size (sq. ft.)	IR1 (539.24)
First	6220.65
Second	2482.86
Third	3320.90

Besides providing the basic amenities like Swimming Pool, Gymnasium and Play Courts, several unconventional features it owns are Parking Space of 2 vehicles with each unit, private Plunge Pool/Jacuzzi in each first floor, and provision of Service Quarter with each unit.

Based on the concept of futuristic homes, the apartments have been designed such that they could be pre-fitted with intelligent systems, so that everything can be controlled with a single touch on the smartphone, be it Curtains, Lightning, Media or Video Door Phones.

The project possesses all the necessary approvals including License, Building Plans, Height Clearance, and Environmental Clearance.

Raheja Revanta

Scattered over an area of 18.72 acres, Revanta, is the brand new addition to the range of luxury residential apartments by Raheja Developers, built by the joint venture company of Raheja Developers and Arabtec Construction LLC.

Positioned at Sector 78, Gurgaon, Revanta with its 180 meters high ‘Surya Tower’, demarcates itself from the others.

22 Km from IGI airport, New Delhi and a 37 km route to the Rashtrapati Bhawan, Revanta connects itself to the city.

With its infinity swimming pool located at floor 46, and restaurant at the highest Sky-bridge of the country, its design and idea sets a class apart.

The project involves two extremely elegant distinctions:

Tapas Townhouses

Available in 3, 4 BHK and Penthouses with attached terraces, they are available in sizes:

• GF (3532.9 sq. ft.)
• FF (2372.5 sq. ft.)
• SF (2073.6 sq. ft.)
• Lower Penthouse, Upper Penthouse and Mumty Floor (3141.8 sq. ft.)

Surya Tower

Available in options of Studio, 2, 3, 4, 5, 6 BHK & Luxurious Penthouses, the sizes available are:

• 1 BHK (1197.8 sq. ft.)
• 2 BHK (1621.3/ 1714.6/ 1854/ 1623.3/1478.8 sq. ft.)
• 3 BHK (2165.8/ 2304.2/ 2522.8/ 2813.3/ 2457.2 sq. ft.)
• 4 BHK (3434.3 sq. ft.)
• 5 BHK (4293.7 sq. ft.)
• 6 BHK (4961 sq. ft.)

Some of the exclusive amenities it bestows are a dedicated Retail Center, a Laundromat, a Mini Theater, an Automated Car Wash and Valet Parking.

The society has been build based on Earthquake Resistant Framework and provides complete security via the CCTV Surveillance.

The project hosts a Club Facility embracing Swimming Pool, Kids Play Area, Play Courts and Gym plus some Golf Courses located at few miles away.

The project possesses all the necessary approvals including License, Building Plans, Height Clearance, and Environmental Clearance.

For bookings, click here