Monthly Archives: Dec 2017

Buying property Infrastructural development Real Estate News Smart Residential Living

Mumbai civic body plans to link 220 km roads by 2034

Brihanmumbai Municipal Corporation plans to construct 41 km linked roads connecting areas that are not currently linked. By 2034, the BMC will construct 220km of such links that are presently missing.

The projects are part of the comprehensive mobility plan (CMP), designed to upgrade the transport system, along with improving the infrastructure of the city. These linked roads will reduce the travel time and will act as short-cuts in certain areas, reducing the jamming on main roads

The plan emphases on broadening congested roads, connecting missing links, need for integrated fare structure and common ticketing for the present public transport system.

In the first phase of the project will connect 41km of links in Bandra, Dadar, Byculla, Wadala, Chembur, Malad and Lower Parel, among others. In the second phase, the civic body will complete work on 80km of missing links till 2024 and the rest till 2034. In most cases, the expansions being considered for the links have slums or structures that can be improved, said, civic officials.

Some of the missing link roads suggested in the plan include connecting:

  • Senapati-Bapat Road to Central Railway Line (Dadar)
  • E Moses Road to Lala Lajpat Rai Road (Lower Parel)
  • Pestom Sagar to Phule Nagar Road (Chembur)
  • Ghatkopar-Mankhurd Link Road to Akruti Rising City Road (Ghatkopar),
  • BKC G Block to MMRDA Grounds (Bandra)
  • Madh Marve Road to Madh Jetty Road (Malad).

Chief engineer of roads and traffic department, Mr. Vinod Chitore, said, “We have started to implement the plan and work on selected roads.

The BMC is managing with other shareholders of the plan, including the Mumbai Metropolitan Region Development Authority (MMRDA), Indian Railways, Brihanmumbai Electricity Supply Transport and the traffic police department.

The estimated cost of the plan is Rs1.68 lakh crore over the next 20 years. The civic officials said that BMC will invest Rs69,000 crore, of which it will donate more than Rs7, 000 crore in the first phase. The MMRDA will give Rs76,283 crore in the first phase, while the Indian Railways will contribute Rs18,359 crore. BEST will shell out Rs2,590 crore and the traffic police will fund Rs1,350 crore.

This infrastructural development with further pushes the real estate market in Mumbai, making Mumbai properties costlier in the above-said areas.

 

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Decor Fun Posts Life at home

Easy ideas to throw a New Year’s eve party at your home

We can hardly believe that 2017 has almost come to an end and countdown started to plan for New Year’s Eve celebrations 2018! New Year Eve is the perfect time to go all out with party decorations! Below are some ideas for you to welcome 2018 and make your New Year’s Eve party unforgettable!

Balloon ceiling: If you are planning for a New Year party, it needs to be big! So the idea of creating a balloon ceiling is just awesome and easy to do as well– inflate some black, gold and silver balloons with helium, tie a medium length of balloon ribbon to each one and let it float up to the ceiling until the whole surface is covered! Your ceiling will look really impressive and stylish.

Champagne bottle balloon installation: Fancy decorations are really creative. You can install champagne bottle balloon. It is a lot easier than it looks – simply inflates your balloons with air and stick them to the wall using double-sided sticky tape. But make sure you do this on a wall that you are not concerned about marking.

2018 balloons: 2018 balloons are a must! They look fabulous in front of a gold glitter door curtain and they come in different colors and sizes so you can choose whichever ones suit your party theme best!

Fizz, pop, clink decoration: The simplest decorations are often the trendiest and this pop, fizz, clink decoration is perfect for prosecco lovers!

Photo booth: Photo booths can be enjoyable and they are a great opportunity for group photos. Taking some silly pictures is the perfect way to pass the time until midnight.

Free printable party game: Everyone loves gifts and this free printable party game will keep everyone diverted until midnight! Fold up each card and put them all in a bowl – then have great fun picking a card and telling the rest of the people about your best or worst moments of the year!

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Buying property Infrastructural development Real Estate Real Estate News

Area in Focus: Kompally

Planning to purchase a 2 bedrooms apartment in Hyderabad within a budget range of Rs 30 lakhs to Rs 40 lakhs at a location having smooth connectivity with the IT Hubs close by then Kompally should be the option for you.

Properties at Kompally are gaining momentum due to their affordable property prices and developing infrastructure. The price points offered by projects in this locality make a viable proposition for property investors, too.

Kompally is approximately 28 kilometers away from commercial business districts of Hitech City and Gachibowli, but, the distance can be covered within 45-60 minutes all because of the Outer Ring Road (ORR). Kompally residents can quickly move around within the city without facing traffic issues.

Kompally is an ideal choice for denizens working in Secunderabad. It is located just 14 km from Secunderabad, and perhaps this is the reason why Kompally has a large number of property buyers from Secunderabad.

Moreover, the affordable property price is driving residential properties in Kompally and people from Hyderabad are not hesitating to opt for this location either.

The locality offers another great opportunity for those who have a dream of building their dream house accordingly on an independent plot. There are gated-community projects which are selling plots in the range of Rs 1,500-2,200 per sqft.

Currently, these gate communities are under construction, and you may face problems related to roads Maybe this is the reason why property prices are less here. Once these societies get connected via well-build roads, the property prices will shoot up.

While the physical infrastructure within the area is developing very fast, there is no second thought about the quality of its connectivity to the other parts of the city. Residential properties in Kompally are easily accessible through the National Highway-7 (NH7) which falls near the locality. The Andhra Pradesh State Road Transport Corporation (APSRTC) operates buses in this locality also so commuting is not a problem for the people residing here.

The social infrastructure in this area is also developing gradually with educational institutions, health care centers, supermarkets etc which is attracting more and more people to move in Kompally

There are plans to build 14 gateways in Hyderabad, of which one will be coming up on Medchal-Kompally Road. This project will make Hyderabad safer and secure by keeping a track of the incoming and outgoing traffic. This infrastructural development might not directly influence the real estate market of the area but it will positively add to the locality’s overall appeal.

Some of the ongoing projects in Kompally within a budget range of Rs 30 lakhs to Rs 40 lakhs are below:

Hivision Residency, MYPI Green Castle, ARR Fortune, SLN Urbana, PSR Kalanjali and RK Panchsheel Park

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Buying property Infrastructural development Real Estate News

Elevated Expressway to improve Chennai suburban real estate

Areas in and around south Chennai lack infrastructural facilities and faster connectivity from the main city. Now, the municipal authorities are looking after the issue and will soon come up with an elevated expressway that would connect the Chennai international airport and Tambaram with the southern town of Chengalpattu.

Chengalpattu Airport Elevated Road

Chennai Metropolitan Development Authority (CMDA) planned this 40-km elevated corridor which will link the city airport with Chengalpet over the Grand Southern Trunk Road. The elevated road will be built at an estimated cost of Rs 2,400 crore, the corridor would have a toll plaza each at the entry and the exit points.

While the stretch of the GST Road between Meenambakkam and the outskirts of Tambaram is maintained by the state highways department, the remaining part comes under the National Highway Authority Of India (NHAI).

The highway would act as a gateway to the south of Tamil Nadu. A similar corridor is being planned by NHAI to connect Tambaram with the area, the airport elevated road is projected to be opened to the public by 2019 as the bids have already been allotted for the development.

Chengalpattu-Tambaram Elevated Road

The National Highway Authority Of India (NHAI) is planning to construct a 30-km, four-lane elevated road between Tambaram and Chengalpattu to ease the National Highway-45. The construction work would initiate in 2020, after the tender period for developing four-lane road between the airport and Chengalpattu will be over.

Presently, the corridor is planned till Chengalpattu which will be stretched to Tindivanam. Once the elevated corridor is functioning, motorists could move effortlessly from Tambaram to Chengalpattu without the interruption of traffic in Perungulathur and Guduvancherry.

The present connectivity through NH-45 opens at 20 locations which cause everyday traffic congestion. Also, there are nine sub-urban railway stations along the road resulting in pedestrians crossing the highway. The average journey speed of this corridor is 24 kmph, which is far below the standard of a national highway.

How is this elevated expressway going to impact the property market?

The elevated expressways will smoothen connectivity to the affordable hubs in southern suburbs of Chennai. Tambaram which is located on the GST Road serves as a midway to the IT and special economic zone (SEZ) corridors.

With a developed job market and effective road connectivity, Tambaram is seen as one of the preferred locations to purchase a home in Chennai. Situated along the Trichy-Chennai Highway, Tambaram is sub-divided into East Tambaram and West Tambaram. The locality attracts a lot or real estate investors or home buyers because of the close proximity to commercial industries.

Most of the projects in West Tambaram are ready to move and offers investment opportunities where the properties are offered at Rs 3,000 per sqft. Projects in East Tambaram offers properties at Rs 4,000 per sqft onwards. The new connectivity would comfort the travel to the further south and would make it a better option for those homebuyers who seek to visit their home in the suburban area.

Chengalpattu will also be benefitted because of the new development. With non-stop connectivity to the airport and rent for commercial properties might see an upward trend. Many big shot companies like BMW, Ford, Tech Mahindra, Wipro have established their production plants in the vicinity.

Once the new infrastructure is active, the affordability of the area might lure people staying in more luxurious and less developed areas such as Guduvancherry and Perungulathur. The average price of an apartment in Chengalpattu is Rs 3,700 per sqft. Other nearby localities such JCK Nagar, Abakkam, Paranur, Singaperumal Koil and Nenmeli offers properties in the same price range.

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Decor Life at home Smart Residential Living

Ideas to make your house look gorgeous this Christmas

If you are someone, who loves to personalize their home every season, then no matter what time of year you are in, you always keep on looking for ideas with which you can decorate your home. We struggle a lot during Christmas because it is when the whole family meets and if your house is the meeting point even more important should be the decoration.

To make your home look more attractive this Christmas, snowy pines are suggested because they seek to create more simple beautifications, with these you can create delicate arrangements to counterpart them with the style of your home.

Decorative candles all over the place will make your Christmas decorations look gorgeous and precious, also adding fireplaces is a good way to give it persona and a cozy style to your home.

The decoration of a single color looks beautiful, you can choose colors like red, green, gold, blue, white, silver, pink etc. But let every detail of your house have touches of this color. Thus the whole house will look super pleasant.

  • Details that create divergence look unbelievable, try the color you most think it will look good or in your favorite colors.
  • The details with vividness should not be missing in your Christmas decoration, silver and gold are in vogue.
  • If you want something stylish and fun, pink color combined with other trending colors like pink gold is suggested.
  • The turquoise color will be one of the protagonists of the season, looks super cute and also elegant.
  • You can add a dash of purple and combine it with the silver color so that it does not recharge, it looks sophisticated and more with the green as a base. There are many ways you can add a hint of purple to your decoration, also with centerpieces, in the crowns of the entrance of your house and more.

Also merging ornaments of different sizes will give more dimension to your Christmas tree you can combine big things with small spheres, also incorporate different shapes in your little pin at the same time.

Add details to embellish each space of your house, you will see metal containers giving a rustic style to your space. Wood details also give a rustic touch to your home.

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