Infrastructural development Smart Residential Living

KTR opens underpass at Mindspace Junction: Major relief to techies

May 8,2018 / By Priyanka / No Comment

Recently KT Rama Rao {Telangana Municipal Administration and Urban Development (MAUD) Minister} inaugurated Hyderabad’s Mind Space underpass which will provide major relief for several thousand techies who work in the area.

The Greater Hyderabad Municipal Corporation said that the Mind Space underpass is the second project under the signal free traffic corridors, as part of the Strategic Road Development Plan (SRDP).

The underpass is built at an approximate cost of Rs 25.78 crore, the underpass is expected to smoothen the heavy traffic in the area as a good number of people travel through the road while commuting to and from their workplace.

An analysis conducted by the municipal body stated that around 14,400 vehicles passed the stretch every hour and the number of vehicles was expected to shoot up to 31,356 every hour by the year 2035.

The six-lane underpass is 365 meters long, while the closed box length is 83 meters. The total width of the underpass is 28.80 meters while it has a minimum vertical clearance of 5.5 meters.

GHMC in a press release said that “Apart from Mindspace Junction, three other multi-level separators are at Biodiversity Junction, Ayyappa Society and Rajiv Gandhi statue junction with all the components costing Rs 379 crore. Apart from this facility, the underpass at Chintalkunta Checkpost too has been finished and is ready to be open to the public.

GHMC officials said that they will focus on completing the flyover at Rajiv Gandhi statue junction in Kukatpally. Smoothing vehicles movement from Malaysian Township to JNTU second gate, the flyover will benefit in addressing the traffic griefs in the locality.

Next on the radar will be the two flyovers at Biodiversity junction. Like Punjagutta junction, two unidirectional flyovers are being constructed at the junction, which is the main locality connecting the IT and ITES companies, besides for reaching the Outer Ring Road.

The infrastructural developments are coming up after taking into consideration not just to ease the traffic congestion but also to put in place a long-term road infrastructure in this part of the city, which has given a new distinctiveness to Hyderabad.

The city remains to lead the chart among the best livable cities of the country and SRDP works will go a long way in adding new infrastructure and meeting the future requirements, said a GHMC senior official.

Though commuters will have to tolerate a little inconvenience during the construction stage, there will be an outstanding change in the traffic flow in these areas once all the structures are completed, he further added.

Simple ways to make your home pet friendly

Apr 25,2018 / By Priyanka / No Comment

Pets are most lovable companions and many of us love to have them at home. Making space in your home for a pet comprises small changes and some negotiations on home décor to make sure that your home is pet-friendly and safe.

The following tips will teach you how to make your home pet-friendly and safe so that you both can live happily there.

There are therapeutic benefits of owning a pet. Nevertheless, owning a pet is also a commitment and a concern. Accordingly, homeowners should make sure that the house is safe and comfy for their pets. Things generally change when the pet is fully grown and you learn to adjust to its activities and needs.

Dos and Don’ts

Usually, wooden flooring is slippery. To avoid such kind of flooring as pets love to run around and wooden flooring may cause a serious wound. Vitrified tiles are a better option as compared to glossier flooring which scratches easily.

All staircases must be barred, to prevent small pets from falling down or trying to climb up, unattended.

All windows and balconies with wide grills must be interlocked so that puppies cannot go through them.

You need to avoid strong antiseptic floor cleaning agents for wiping the floor as pets tend to lick the floor and can consume it. Keeping a dog or a cat clean can be more hygienic for your home in the long term.

Regularly bathing and brushing the pet removes loose hair before it ends up falling on the floor or furniture.

For ease, allow a corner or a specific area to your pets. You can keep a small mattress in a basket in this place, where they can sit and sleep. Their playthings can be kept in that place, making it their very own personal space.

Pets like fishes and birds require less maintenance than dogs and are less messy. You can place a fish tank on a table that is specially made for holding it. A tank needs heaters, lights, and filters all of which require electricity, which means your tank has to be close to switchboard for connection.

Toilet training is another important characteristic when your pet is young. Choose a spot where you want your pet to relieve himself.

A hanging wire attracts a puppy to tug at it. So, make sure that all wires and cords are firmly taped up or it is out of your puppy’s reach, including long chords of curtains and blinds.

Store household chemicals in a locked cabinet and it is advisable to keep harmful items out of your pet’s reach.

Common household plants are venomous to dogs. Hence, keep plants like castor bean, lantana, jasmine, poinsettia, philodendron, etc., out of their reach.

Having a pet in an apartment can be a difficult task but not impossible. Most of the apartments in metro cities lack space and open areas. You cannot afford to stay in a congested apartment when you have a pet at home. Your pet needs more space to play around to make it comfortable.

It is difficult to find spacious apartments mainly in cities like Bangalore. But many builders are coming up with pet-friendly homes to attract home buyers

One such project is Arge Helios which is ideally located in the most developing areas in North Bangalore, the Hennur Road. This project is completely pet-friendly with 30% more spacious apartments.

Buying property Real Estate Smart Residential Living

All you need to know about Leasehold Property

Apr 23,2018 / By Priyanka / No Comment

Most people know the difference between owning and renting a home, but there is a third category many aren’t aware of called a leasehold property. Now the question is what a leasehold property is and what are the consequences of buying a house on leasehold land? We explain

Leasehold states to a property tenure, where one party buys the right to occupy the property for a given period of time (30 to 99 years). The primary owner of the leasehold land is usually the government or local development authorities. They give the land to builders, to develop projects on a leasehold basis. Homebuyers buying a residential apartment, in a leasehold land will own it only for the leasehold period of time.

Projects built on leasehold plots
Most projects in large metro cities like Delhi-NCR and Mumbai are constructed on leasehold plots that are bought by the builder or developer. This procedure is followed, mainly due to the scarcity of land in and around these metro cities.

So if you are buying a property in a project that is built on leasehold land, you would remain its owner only for 99 years, or for any other lease period and the authority/government will remain the primary owner.

Once the construction of a project is finished, the developer will transfer the lease in the name of the society formed. It is developers/builders duty to build the project and hand it over to the residents’ welfare association (RWA). Until the RWA is formed, the developer maintains the project.

Risks for home buyers
The major disadvantage for a home buyer is the vagueness that arises after the lease period on the land ends and the renewal of the occupancy contract. The renewal of the occupancy usually comes up when the lease tenure on the land is for a shorter period (30-33 years), which is common mainly in Mumbai. Along with the contract renewal cost, buyers will also have to bear other costs, such as property tax, etc.

Another issue that projects built on plots with shorter lease periods are of not receiving funds for construction. So, chances are there that projects can get delayed or even non-completion of projects is also possible. In addition to it, renovation of such projects becomes challenging, since the approval of all the involved authorities is required, to carry out any renovation or construction work.

While applying for a home loan for a property built on leasehold land, the home loan tenure cannot be higher than the balance period of the lease. In cases, when the lease period for the land is less or is nearing completion, lenders would be reluctant to risk the possibility of the lease not being renewed and therefore, may not grant a home loan.

Advantage for home buyers
The benefit of buying a property in a project that is built on leasehold land is that it will be considerably cheaper than buying one that was built on a freehold plot.

In metro cities, developers usually pay the less FAR cost to lease a plot in a good location. This financial benefit trickles down to home buyers, as well.

Such leasehold plots, for residential projects, are commonly part of a larger development. This means that the surrounding areas usually have good infrastructure and connectivity.

What can home buyers of leasehold properties do?

Register the property in your name.
Get a transfer memorandum – a permission granted by the development authority to the owner (seller) of the property, permitting him/her to transfer the rights to the homebuyer
Always buy or invest in a project built on land that has a long leasehold period.

Buying property Smart Residential Living

Is it a right choice to buy a property this Akshaya Tritiya?

Apr 18,2018 / By Priyanka / No Comment

We all know that Akshaya Tritiya is an auspicious occasion for buying gold and making such other investments. This day is considered auspicious for both donations and investment, Akshaya Tritiya is one of the three most religiously significant days in the Hindu calendar.

Homebuyers, looking for property, can make a purchase on this day and those, who have already bought a property, can do the Griha Pravesh ceremony on this day.

Reasons to buy a home during Akshaya Tritiya

Free goodies: Some developers are offering discounts on the base price. Some builders are offering freebies such as modular kitchen, electrical appliances, woodwork furnishing, gold coin, vehicle, etc., depending on the ticket size. Homebuyers can select these freebies to bring down the total cost of buying a property.

Lower interest rates: With low-interest rates given by the financial institutions, developers turn up with new schemes in housing projects making it an open wide road for homebuyers with low interest and more alternatives in housing plans.

Less risk-ratio: The property prices in most of the places in India have gone down for certain reasons rather growing. This reason makes it promising for home buyers who are a few steps away from having a property to buy one this year.

It also makes the properties affordable compared to the prices a few years back. The real estate market is now steady with reasonable property prices, so this is the right time to buy a property of your own.

Cities you can invest in this Akshaya Tritiya
Buyers should consider options, based on their investment, expected returns and risk capacity. Big cities and metropolitan regions involve large investment and the returns are comparatively lesser, in comparison to emerging cities, where the investment amount required is low, and the returns are quite higher.

The most attractive cities for investment in property are Pune, NCR, Vadodara, Jaipur, outskirts of Mumbai and all the developing localities where infrastructural development is making a big impact.

Above mention, cities are also attractive because of the rapid acceptance of commercial real estate in these markets. This gives clear signs for setting up of demand for the residential real estate, which normally lags the commercial segment by around one to two years.

Decor Life at home Smart Residential Living

Street Art comes Home: Graffiti Home decor idea

Apr 17,2018 / By Priyanka / No Comment

Looking for an unexpected dose of excitement to your home? Then this is the time to revamp your walls and give them the graffiti they deserve!

We all know that “Graffiti” is a popular art form and today homeowners are hiring designers to infuse this art form into modern interiors. Whether you want to go for simple stencil-style creations or more intricate and vibrant hip-hop-inspired motifs, graffiti make a style statement that is both fashionable and attractive!

And graffiti designers are finding different ways to incorporate this art into traditional homes as well without actually disturbing the existing vibe of the dwelling. Graffiti has the power to add creative appeal to your home. Below are some stylish graffiti home décor ideas

Trendy Bedrooms: Very few of us wants to experiment graffiti patterns in the living room and the kitchen, as most of us tend to choose graffiti add-ons in the bedroom.

The choice is logical, as we tend to express ourselves in the most unchanged fashion when we are surrounded by a peaceful, personal shelter!

Modern bedroom walls truly come blooming with graffiti, and obviously, kids’ bedrooms look even more fashionable, thanks to this brilliant addition. Everything from simple spray paint to elaborate hand-painted paintings can help usher in the graffiti touch. Remember, graffiti is all about self-expression, and original graffiti work always makes the most impact!

Switch between Shades and Styles: Most often a new design, a color trend or popular pattern might look great in isolation but could seem clumsy and out of place in your own abode. In case you have the fear of experimenting with graffiti, why not embrace some wall art pieces or some home décor accessories that bring in graffiti in a less permanent way?

Go for a framed graffiti piece and use it in combination with more subdued elements, so as not to overpower the room.

Modern Colorful Reinterpretations: Graffiti is an energetic art form that has developed over eras. Long before artists use to leave their mark by scratching into a sculpture, and the present generation of interior designers is taking this forward by bringing a new twist to graffiti. You can now add iconic graffiti patterns to your bathroom and kitchen with the Banksy tile.

Upcycling old furniture: Graffiti is a fantastic idea for revamping your old furniture because it can infuse almost any old piece with pure vibrant boldness. Even an old dresser could become a young adult’s favorite piece of trendy furniture.

Graffiti is all about experimenting with color, creativity, and character to drab urban environments. It is a powerful art form for expression; so powerful graffiti in an apartment can easily draw the eye and dominate the complete room.

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Author Archives: Priyanka

KTR opens underpass at Mindspace Junction: Major relief to techies

Simple ways to make your home pet friendly

All you need to know about Leasehold Property

Is it a right choice to buy a property this Akshaya Tritiya?

Street Art comes Home: Graffiti Home decor idea