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How technology had changed the phase of real estate

Nov 5,2019 / By Supriya Mogarala / No Comment

Occupancy Certificate for Wave City Center

The significance of technology in our everyday life is indisputable. We all admit to this case that the progressive world today is insignificant without technology.

Technology has eternally influenced significant businesses like transportation, healthcare, financial services, the retail sector and many more, the identical approach it has transformed the real estate sector in an intense way. Right from viewing for a house online to booking it, technology has satisfied a great idea to promote the customer’s life. Due to technological progress, people have immediately become savvy and hold an easy path to a plethora of knowledge.

Within technology, innovative opportunities are knocking the door

Technological accomplishment has delivered the world to a distinct level and the picture is entirely distinct from the past decades where it handled to be challenging for sellers to combine with buyers.

Simple search methods: Google search has made it easy to obtain any information in a mouse click. Real estate companies now have their websites and apps where the customers can preview the information that they need. Technological development has broken the barrier of even geographic hindrance where NRI customers can also book and finalize homes from any part of the country. In fact, because of booming technology, it is easier for a customer to seek advice from professionals in case of any doubt.

Online payment option: With online payment options buying and selling homes has become a lot easier than before. While earlier customers had to attend individually and a singular date was established to obtain payments. Now, due to easy bank transfer and various other techniques of obtaining payments, it has become simple to make immediate payments.

Chatbots: marketing and sales enforcement has been magnified via chatbots. Chatbots assist as a point of communication between customers and companies because they market straight questions and assists customers to solve their inquiries.

Social media: Every news is just a snap away with Social media. it proffers every unique detail that is important from a customer’s point of view.

Home computerization: With technology shaping our lives easier and simpler. smart homes have become the foundation for a stable lifestyle. It is the technology that has caused home automation into the picture. Every day we understand the latest home automation to obtain our home protected and technologically exceptional. Home automation includes a wide array of functionalities.

Let us understand about few contemporary devices that is the most suitable example of home automation:

Brilliant Control: This thing is an individual wall switch that practices Wi-Fi to connect and experiment with multiple devices in your house. The color finish screen and a user-friendly button will let you play music, control light, estimated temperatures and many more. It’s valued reasonably but is a smart choice for a high-tech house.

Nest Learning Thermostat: Combined with a Wi-Fi that assists you to regulate the temperature from phone, tablet or your system.

Smart heating and cooling: An incorporation of primitive sensor that accommodates to decrease hot and cold points in various rooms. From subtle progression in technology to technology causing a revolution in today’s world has been an indispensable component of our lives.

With technology altering the face of real estate unnatural intelligence is transforming this business. It is prognosticated that Artificial intelligence will be capable to take over the market absolutely. Firstly it managed to be a monologue platform but due to progression in technology, it has now matched a dialogue online program. Due to this Upgradation in technology, it is prognosticated that the overall business division be it a real estate or any other is continuing to prosper.

Infrastructural development Infrastructure development in India Product Updates Real Estate Real Estate News Smart Residential Living

How to transform your old house into a new one.

Nov 4,2019 / By Supriya Mogarala / No Comment

Home is a fascinating place to be and to spend your time in. Whether you’ve shifted into a new house or if you’re watching for an immediate renovation in your beloved place. Some instantaneous and simple suggestions that will benefit your house look attractive and unique.

Sometimes even the most insignificant of objects make a larger influence. Be it your house décor or home interior make your house beautiful by appropriating the provided space. Maybe you need to lighten your room and supplement any warmth to your living space. Regardless of the space, you would require to enhance or the kind of house you exist in paying particular attention is necessary. There are loads of methods to give your wonderful house a flawless look.

Here are a few steps for your home makeover:

Repositioning the furniture on several occasions:

The living room is one of the major rooms which represents a significant role during every festival. It’s a position of family functions and building memories. So it has to be designed and redesigned based on possibilities for a festive feeling. For this, you can create a place in your room by eliminating old undesired furniture. Furthermore, you can turn the more prominent items in the corner and smaller ones in the middle to give a capacious outlook.

Entrance Makeover:

Producing a brand-new look to the way constitutes a visual consequence for those who are the earliest visitor in your house. Regarding the fact that there are various methods to obtain your entrance beautifully, you can completely add a few antiques on the front most door. For instance, you can decorate and paint the front door by encompassing a vibrating color like red that produces a visible appeal. Locating topiaries on either side of the front door will augment its influence giving it a supplementary look.

Old Kitchen New Look:

Your kitchen is an essential section of your house and it must match your personality and style of working. With all these, it should also assist the functionality you require. Along with retaining your kitchen clean use a renewed tone of tans like grey or cream and transform the looks of dark cabinets with light colors. To design contemporary features you can also use overhead lights.

Redefine your wall:

Bestowing a unique and fresh look to your wall by endeavoring a few remarkable different items like wallpaper and color tape. You can always attach a few photos or paintings to provide life to walls. To present it a distinctive look seeks out personalization of the wall with hanging mirrors. These hanging mirrors will improve your room seem big. Whereas, pictures across the wall will deliver your room look brilliant.

Give a new feel to your child’s study room:

A study room for children is an indispensable part of your house so, it shouldn’t be practiced for granted. Despite the size of the space with simple tips, you can make your child’s study room charming. The dedicated study period will assist your child to focus on his studies. Make assured there is lots of ambient light in the study room. To ease your child display himself you can ever use blackboard paint where your child can communicate his thoughts and learn. This will assist them to excite their minds and improves productivity.

A house can be renovated within several bucks and an entire lot of creativity is fascinating in its individual way. You can enhance and utilize your house in very comfortable and simple steps with minimum cost. You just should tweak your way to give your house a fresh look.

blog Infrastructural development Infrastructure development in India Real Estate Real Estate News Smart Residential Living

Key Information on Hyderabad Metro

Sep 10,2019 / By Prahalad Singh / No Comment

About Hyderabad Metro:

Metros and MRTS (Mass Rapid Transport System) are coming to light as a major area for infrastructure development in primary cities that have high population density. In August 2003, the State Government and the South Central Railway together started the Multi-Modal Transport System (MMTS) to reply to the growing public transport demands and reduce heavy road traffic in the twin cities of Hyderabad and Secunderabad.

In 2003, the Union Ministry of Urban Development 2019 has approved the plan of the Hyderabad Metro Rail Project presiding over the Delhi Metro Rail Corporation (DMRC) to convey a survey of the suggested lines.

In 2007, the Central Government has approved the monetary aid of Rs 1,639 crores under the Viability Gap Funding (VGF) scheme.

On 26th March 2018, Telangana Government publicized that it would establish a Special Purpose Vehicle (SPV) “Hyderabad Airport Metro Limited (HAML)” jointly supported by Hyderabad Metro Rail Limited (HMRL) and Hyderabad Metro Development Authority (HMDA) to spread out the Blue Line from Raidurg to Rajiv Gandhi International Airport, Shamshabad under Phase-2 after the successful achievement of Phase-1 in 2019.

Hyderabad Metro Rail has commenced the services for the public on November 29th after initiated by the Prime Minister of India Sri Narendra Modi on 28th November. Two extensions of 2-corridors from Miyapur to Ameerpet and Nagole to Ameerpet are running successfully.

Corridors:

The Hyderabad Metro Rail Network will cover a total distance of around 72 km across 3-corridors.

Corridor-1: Miyapur to LB Nagar
Corridor-2: JBS to Falaknuma
Corridor-3: Nagole to Shilparamam

The project will be combined with existing railway stations, suburban railway network (MMTS), and bus stops to assure a flawless and comfortable journey.

Bidding Process:

In July 2008, the bidding process was happened and awarded to Maytas which disappointed to reach the financial end for the project as per schedule by March 2009. As a result, the state government canceled the contract and invited for fresh bidding in July 2009.

In July 2010, the re-bidding process begun and L&T came up as the most economical bidder for the Rs.12132 crores project. L&T picks up the work for about Rs.1458 crores as Viability Gap Funding as against the approved Rs 4853 crore.

Project Cost:

The first official approximated cost of the 72 km long Metro project set at Rs 14,132 crore. The Central Government assured to carry 10% of it, while L&T was to carry the remaining 90% of the cost. The construction work which was asserted to start on 3 March 2011, started in 2012. In March 2012, the cost of the project was updated higher to Rs 15,957 crore. This has been further updated higher to Rs 18,800 crore (as of November 2017).

Mascot:

The mascot of Hyderabad Metro Rail is Niz. Niz was derived from the word “Nizam”.

Award and Nominations:

Hyderabad Metro Rail Project was demonstrated as one of the top 100 key global infrastructure projects at the Global Infrastructure Leadership Forum that was fascinated in New York throughout Feb-March 2013.
L&T Metro Rail Hyderabad Limited (LTMRHL) has been awarded the SAP ACE Award 2015 in the ‘Strategic HR and Talent Management category.
In 2018, Rasoolpura, Paradise and Prakash Nagar metro stations were awarded Indian Green Building Council’s (IGBC) Green MRTS Platinum Award.
Hyderabad Metro Rail was awarded as the Best Urban Mass Transit Project by the Government of India on November 2018.

Construction History:

Hyderabad Metro Rail is the 2nd longest operational metro network in India after the Delhi Metro (250 stations) with 48 stations. Its lines are arranged in a straight line that intersects a curve at two or more points.
L&T Metro Rail Hyderabad Ltd (L&TMRHL) was established by the construction company L&T to expend the Hyderabad Metro Rail project under the Public-Private Partnership (PPP) model. A 30 kilometers stretch from Miyapur to Nagole with 24 stations. It is estimated to cost Rs18,800 crores. Approximately 300,000 people use the Metro per day as of August 2019. A ladies coach was also included on all the trains from 7 May 2018.
On 26th April 2012, Bhoomi Puja for the project was organized. L&T initiated the pillar construction work on the same day for the stage-1 and on 6th June 2012 for the stage-2.
The construction of the entire 71.16 km has been split into 6 stages with the first stage originally scheduled to be completed by March 2015.
In November 2013, L&T Hyderabad Metro Limited started laying of rails on the metro bridge, a stretch of 8 km between Nagole and Mettuguda.
In the 3rd week of May 2014, the first highly sophisticated train of the Hyderabad Metro Rail came from Korea.
From June 2014 till February 2015, the stringent trial runs commenced.
In October 2015, the trial runs started on Miyapur to Sanjeeva Reddy Nagar stretch.
On 9th and 10th August 2016, the Commissioner of Railway Safety (CMRS) inspection for Stage-2 was done.
In August 2017, the steel bridge of the Hyderabad Metro Rail (HMR) was successfully placed over the Oliphant Bridge.
Commissioner of Railway Safety (CMRS) acknowledged safety approval in November 2017 for a 12 km stretch from Miyapur to SR Nagar, a 10 km stretch from SR Nagar to Mettuguda and an 8 km stretch from Nagole to Mettuguda.
Ameerpet-LB Nagar Metro stretch (16 km) was opened for commercial operations from 24 September 2018.
On 20th March 2019, the Ameerpet-LB Nagar Metro stretch was opened on a conditional basis.
On 19th May 2019, the construction of all the 2,599 pillars for the 66-km Hyderabad Metro Rail (except the 6-km stretch in the old city) was completed.
On 20th August 2019, the reversal facility after HITEC City metro station was started.

Construction Phases:

The success story of Phase-1:

The Phase-1 of the Hyderabad Metro Rail Project includes three corridors – the Green Line from JBS to Falaknuma (15 km), the Blue Line from Nagole to Raidurg (28 km), and the Red Line from Miyapur to LB Nagar (29 km). At present, 45 km is operational out of the projected 72 km.

Services between MGBS and Jubilee Bus Station (9.66 km) on the Green Line will begin from mid-2019, while on the Blue Line, a metro link between Ameerpet to HI-TEC City (9.43 km) is likely to start by 2019-end.

Line 1 – Red Line – Miyapur – LB Nagar – 29 km (18 mi) – 27 stations
Line 2 – Green Line – JBS – Falaknuma 15 km (9.3 mi) – 15 stations
Line 3 – Blue Line – Nagole – Raidurg – 28 km (17 mi) – 24 stations

The Success story of Phase-2:

The construction of Phase-2 had taken up solely by the state government of Telangana, instead of the Public-Private Partnership (PPP) mode in Phase-1. Delhi Metro Rail Corporation (DMRC) was entrusted to give a detailed project report (DPR) for Phase-2. Hyderabad Metro Rail Phase-2 expansion plan is for about 85 km, which includes providing a link to Shamshabad RGI Airport. The proposed routes are as following:

Line-1 Extension – Red – Miyapur – BHEL – Patancheru – 15 km (9.3 mi)
Line-1 Extension – Red – LB Nagar – Hayath Nagar – 7 km (4.3 mi)
Line-2 Extension – Green – JBS-Alwal – 8 km (5.0 mi)
Line-3 Extension – Blue – Nagole-LB Nagar-Falaknuma-Shamshabad RGI Airport – 28km (17mi)
Line-4 – Raidurg – Gachibowli – Shamshabad RGI Airport – 30 km (19 mi)
Line-5 – Miyapur – Gachibowli – Tolichowki – Lakdi ka pul – 20 km (12 mi)
Line-6 – Tarnaka–ECIL ‘X’ Roads – 7 km (4.3 mi)

Depots:

Hyderabad Metro currently has 3 operational depots:

Hyderabad Metro Rail Depots
Line No	Line Name	No of Depots	Location	Opening Date
1	Red Line	2	Miyapur Depot, Near Kalvari Temple, Nadigada Tanda, Miyapur, Hyderabad, Telangana	28th November 2017
1	Red Line	2	LB Nagar Depot	28th September 2018
2	Blue Line	1	Uppal Metro Depot, Nagole Rd, Laxmi Narayan Nagar Colony, Uppal, Hyderabad, Telangana	28th November 2017
3	Green Line	1	Falaknuma	TBD

Ticketing & Recharge:

The L&T Hyderabad project has an electronic ticketing system with features like contactless smart card-based ticketing, slim automatic gates, payment by cash and debit/credit card, passenger operated ticket vending machine and arrangement of the common ticketing system. It also has a provision of NFC-based technology to permit usage of mobile phones as fare media and high-performance machine to avoid long queues.

Slab	Distance	Fare
1	0-2	10
2	2-4	15
3	4-6	25
4	6-8	30
5	8-10	35
6	10-14	40
7	14-18	45
8	18-22	50
9	22-26	55
10	>26	60

Recent News and Updates:

In August 2019, the work on Hyderabad Metro Airport Express from Raheja Mindspace to Shamshabad RGI Airport will start soon said Telangana Rashtra Samithi (TRS) Working President K. T. Rama Rao. The 31 km long Hyderabad Metro Airport Express link will cost nearly Rs 5,000 crores. The Airport Express Metro Corridor (31-km) is proposed to have 27-km elevated, 1 km on the ground and a 2.5-km underground section to connect to the airport terminal. The airport route will have 9 elevated stations and one underground station.

On 28th June 2019, L&T Metro Rail Hyderabad seeks to expedite work on Corridor-2.

Hyderabad Metro and its impact on the realty market of Hyderabad:

Once Hyderabad Metro Rail becomes operational, it will be the world’s largest elevated metro rail. It is a Public-Private Partnership project based on DBFOT (Design, Build, Finance, Operate and Transfer) basis. It is expected that Hyderabad Metro Rail will be offering its service to 15 lakh passengers, after the commencement of its full operations. Covering a distance of 72 kilometers, Hyderabad Metro Rail is positioned to rename the city’s transportation. It is not just a metro, it is an urban revival and redesign effort that will change Hyderabad into a commuter-friendly, modern and green city.

With the amalgamation of the LB Nagar stretch last month, Hyderabad Metro has strengthened the connectivity between Nagole and LB Nagar via the Inner Ring Road, which has no doubt reduced the travel time for passengers on Nagole – apartments Ameerpet route.

Today, nearly two lakh passengers are benefiting the metro on a daily basis to reach their destinations across Hyderabad quickly and safely.

In cities where Metro is operative for a few years, it has helped improving areas near to the stations and the terminal stations with better connectivity as well as last-mile connectivity by auto-rickshaws, buses, motorcycles, etc.

The signs are clear that this is going to happen in Hyderabad also. Now that the connectivity with office areas like the Financial District is better with fringe areas of Hyderabad, there is a clear shift to pick in pretty lower-cost areas. This has started to increase real estate development in the areas close to the Metro and the trend will continue with the inclusion of areas like HITEC City in the Metro network shortly.

Is Hyderabad Metro a successful project?

As per a survey by Keolis International, the Hyderabad Metro tops in passenger satisfaction at 98.5%. The passenger satisfaction rate of Hyderabad Metro exceeds Melbourne Metro, London Metro, and many others.

Who and how much owns Hyderabad Metro?

Government of Telangana owns – 10% while Larsen & Toubro – 90%

How to avail facilities of Smart Cards and tokens:

Hyderabad Metro rail has introduced smart cards for hassle-free travel in metro trains. These cards are available in all metro stations, In the beginning, you have to buy the card for Rs 200, in which Rs 100 is the security deposit and remaining Rs 100 you can use for your travel. If you are traveling with friends or family then you have to go to the ticket counter or ATVM and buy the coins based on your journey. Later we can recharge the smart cards at ticket counters or Automatic ticket vending machines or you can recharge your smart card online using Paytm also. The validity of this smart card is for one year only.

How Can One Recharge Hyderabad Metro Rail Smart Card using Paytm?

You can recharge our smart card online through Paytm following the below steps.

Go to paytm.com
Click on Metro image on top
Select Metro as “Hyderabad Metro”
Enter the unique card number which is the backside of your smart card
Click on Get Card Balance button, it will show the balance amount and validity of the card.
Enter the amount minimum 100 rupees, click on proceed to pay and follow the instructions. For the first time recharge using Paytm Rs 20 cashback offer is also there.
After two hours of the recharge tap at automatic gates at metro stations, the card will be recharged.

Image Sources: Google
Data Sources: Wikipedia

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Category : Infrastructure development in India