Bengaluru’s PRR will be an Elevated Corridor now

Sep 13,2018 / By Priyanka / No Comment

The Bengaluru Development Authority has decided to make the much delayed Peripheral Ring Road (PRR) an elevated corridor that will be assimilated with Namma Metro. The decision was taken at a meeting chaired by Deputy Chief Minister Dr. G. Parameshwara, who also chairs the BDA, last week.

BDA Commissioner Rakesh Singh said, “We have prepared a cabinet note and will start work on the Detailed Project Report (DPR) after the cabinet grants approval.”

The PRR, a 65-km ring road around the city, has been in the pipeline for more than 20 years. The Japan International Co-operation Agency (JICA) was ready to fund the infrastructure part of the project. However, the land acquisition cost, which was to be borne by the State government has blown up to over ₹8,000 crore, putting the project in the middle

To reduce the land acquisition cost, the BDA has decided to make PRR into an elevated corridor. It was also decided to integrate a Namma Metro line on the median. Going elevated and integrating a Namma Metro line will definitely raise the infrastructure cost of the project. The BDA will start fresh negotiations with JICA over the loan,” a senior official said.

Work on Shivarama Karanth Layout picks up the pace

Bengaluru Development Minister and Deputy Chief Minister Dr. G. Parameshwara said that the proposal for the final notification for 3,564 acres in 17 villages near Doddaballapur will be approved by the cabinet soon. The layout is estimated to have over 19,000 sites.

The project clashed after the High Court defeated the preliminary notification in 2015 following several lawsuits by land-owners. But in August, the Supreme Court had directed the State government to do a final report for land acquisition for the layout in the coming three months.

Dr. G. Parameshwara also said that the next installment of 5,000 sites in Nadaprabhu Kempegowda Layout will be given away through a lottery from among applicants on September 25, 2018.

Repayment on BDA flats

The BDA has decided to give a refund on its flats. It will offer a 5% rebate on all flats and a 10% discount for those who buy more than 10 flats at a time.

Real Estate News Smart Residential Living

Sumadhura Group launches Sumadhura Nandanam, a super luxury property in East Bengaluru

Aug 23,2018 / By Priyanka / No Comment

Also plans to foray into commercial office segment with a 1 million sft grade A plus office space in Bengaluru

Bengaluru, August 18, 2018 ––Sumadhura Group, one of South India’s leading Bengaluru based realty majors, today announced the launch of its iconic premium residential project ‘Sumadhura Nandanam’ in Hoodi Junction, Whitefield, Bengaluru. This high-rise luxury project is spread across 2.6 acres with 80% open spaces, offering 250 units with 2, 2.5 and 3 BHK configurations. This comes at the back of their recent launch of a project Sumadhura Eden Garden, spread across 14 acres in Whitefield.

This luxurious gated community in Whitefield is strategically located close to top-rated educational institutions, healthcare facilities, major retail, five-star hotels, premium restaurants and entertainment destinations, which places its residents at the very center of the action. Connectivity options from Sumadhura Nandanam are abundant, with metro station at Hoodi which will soon be functional, one can travel from Hoodi to Byappanahalli in minutes. Also, easy access to Outer Ring Road extending all the way from the Silk Board Junction to Hebbal, and linking Electronic City to Whitefield.

Speaking on this momentous occasion, Mr Madhusudhan G, Chairman and Managing Director of Sumadhura Group, said,“Living at Sumadhura Nandanam will provide its owners the unique advantage of being flanked by an already expanding IT hub which is well-connected to all the social infrastructures. The project offers spacious and contemporary living with a wide range of amenities that are crafted to perfection.”

“Our unique customer-centric business model has a proven track record of innovation and quality, and also has been instrumental in the group’s rapid growth. While we have made significant inroads across Bengaluru and Hyderabad over the last two decades having completed over 30 residential projects, we are now entering into commercial office segment with a one million sqft grade A plus office space in Whitefield, Bengaluru being planned,” he further added.

MS Dhoni, Brand Ambassador of Sumadhura Group at the launch of Sumadhura Nandanam said, “Bengaluru is one of my favorite cities and the cosmopolitan nature of the city is second to none. Having traveled across the world and have witnessed many of the world-class projects, I believe the offerings from Sumadhura Group are comparable to the best. I am a firm believer of hard work, punctuality, and integrity, along with the altruistic value of giving back to the society. Those are some of the values that strongly resonate with Sumadhura Group as well, and I am delighted to be a part of their growth journey. Also, what makes the brand truly stand out among the pack, is their history of consistently delivering on-time projects that are high on quality, with an innate ability to take calculated risks towards fuelling their growth. I’m also happy to see the holistic approach adopted by them across their projects, where aspects such as sports and recreation are given prominence, helping foster a conducive environment for adults and children alike.”

Sumadhura Nandanam offers a clean, green, quiet environment with aesthetic structures, Vastu compliant floor plans, well-ventilated internal spaces and enduring construction quality. It houses a mega Clubhouse providing a plethora of sports activities and a state-of-the-art gymnasium. There is a premium lounge pool with vanishing edge and toddler’s pool for kids.

The Sumadhura Nandanam homes come with many global luxury brands such as Grohe, TOTO, V-Guard, Havells, Schindler, Asian Paints and LG Hausys uPVC Doors & Windows. One could take a therapeutic walk-in the beautifully-landscaped aroma gardens and soothe the senses in all-encompassing greenery throughout the project. This premium project also features a festival plaza, a mini football court, open lawn, elders’ court, a dedicated jogging path, water feature with sculptures, children’s play area, cricket practice nets, yoga/aerobics room along with multi-purpose court. Inhabitants could also spend leisure hours playing table tennis, chess, carrom, air hockey, foosball.

About Sumadhura Group

Sumadhura Group is the fastest growing real estate developer in South India. Their in-house capabilities and infrastructure give them the confidence to deliver projects on time with unbeatable quality. It has also been recognized as an iconic real estate brand garnering three prestigious awards in FY2017-18 which include Promising Builder of South India in 2017 by QuikrHomes, Global Real Estate Brand Awards 2017 and Best project of the year in Affordable Segment by CNBC Awaaz 2017 for Sumadhura Madhuram. The company has also been awarded the ‘Great Places to Work’ in April 2018. In all its residential apartments, the company lays a very strong emphasis on its safety standards, environmental management, rainwater harvesting and a proper waste management system. For more Information visit: www.sumadhuragroup.com.

Sponsor : Niawigs

Real Estate News Smart Residential Living Tips

5 Property Layouts That Is Outdated and You Should Avoid Them

Jul 11,2018 / By Priyanka / No Comment

While purchasing a property, the layout of an apartment plays an important role in a homebuyer’s decision. For instance, the layout of the property you have put out in the marketplace for sale does not appeal the potential homebuyers, it could be a deal breaker.

What is a bad layout?

Some apartment layouts are either so old that they do not conform to the design sensibilities of the modern-day homebuyer or they are different from the regular ones. Below are some features of a bad layout:

Master bedroom close to the entrance: Home buyers may not want guests to have a full view of their master bedroom the moment they enter the house, making the most private room, most public. A layout like that can create complications while cracking the deal.

Secluded living room: A living room that is isolated from other rooms of the house can be a deal breaker. Living rooms are normally connected to only the entrance and no other rooms in the house. This can be one of the major cause of disconnect between the residents and the property. It keeps them away from the rest of the house making it uncomfortable.

Dining area in the center of the house: Dining table kept right in the center of the house can be distracting and a hindrance. And, it is a bad layout too. Each room of your house should be easily accessible for a layout to be convenient.

No attached bathrooms: You can see in a lot of old properties, bedrooms do not come with attached bathrooms. One has to move out of the bedroom to access bathrooms which is an apt example of a bad layout. Nowadays, attached bathrooms are a must with each bedroom in the house.

No flow of rooms: A layout where there is no flow of rooms – where some part of the home is visible from each room – could turn off the deal. If there is no flow of rooms, the people in one room could feel isolated or feel the lack of space. The flow of rooms makes the house look spacious.

Real Estate News Smart Residential Living

Commonfloor Launches SmartGuard for Future-Ready Apartment Complexes

Jul 4,2018 / By Priyanka / No Comment

CommonFloor, a Quikr company that offers home seekers, sellers and real estate professionals an extensive online real estate ecosystem, announced the re-launch of a SmartGuard solution. A new feature on the CommonFloor Groups app, it will provide residential communities with improvised security features to manage visitor information and enhance residents’ safety in the society.

The new enhanced version is based on the recently conducted consumer survey on CommonFloor Groups. It revealed some of the key concerns related to child safety, need for better documentation processes and an easier mechanism to track vendors and visitors that goes beyond manual tracking. This new and improvised feature helps build smarter communities across the country.

The robust, cloud-based online platform transforms security guards into Smart Guards who can connect, communicate and collaborate with residents and apartment associations in a hassle-free manner.

It is an easy way to manage visitor entry as every information is recorded digitally.

It allows residents to approve visitors’ entry with OTP (one-time password), without dependency on an intercom.
It also allows residents to pre-approve hassle-free entry for their guests to avoid any waiting time involved in manually registering their names at the front gate.
It gives real-time notifications on the attendance details of domestic help and other staff members, the arrival of the school bus and daily vendors, among others.

CommonFloor Groups is a platform that brings residents of apartment communities together in order to build a close-knit, digitally well-managed and happy community. Currently, about one lakh+ communities across India are using this app who will benefit from the enhanced apartment safety and security features.

CommonFloor would soon be adding more features like timer options and SOS alerts that will address other unique concerns, thus building a strong firewall for apartment security.

About CommonFloor: CommonFloor is a Quikr company that offers home seekers, sellers and real estate professionals an extensive online real estate ecosystem. This ecosystem innovatively combines at a single stop: Exhaustive search options for both renting and buying property; Easy to use analytics; Apartment and locality reviews; a comprehensive and verified database of apartments across India; Apartment community management tools. Visit www.commonfloor.com for more details.

Real Estate News smart city mission Smart Residential Living

Shillong: The 100th Smart City

Jul 3,2018 / By Priyanka / No Comment

Earlier in January, the Ministry had come out with a list of nine smart cities making the total number of 99 Smart Cities. And recently, The Ministry of Housing and Urban Affairs has selected Shillong as the 100th city to receive funding under the Centre’s flagship Smart Cities Mission after evaluation of the proposal submitted by it.

Last year, June 23 Narendra Modi government had released the third list of 30 smart cities, taking the total number to 90 under the Smart City Mission. The third list was topped by Thiruvananthapuram. Other cities that featured the list included Naya Raipur, Srinagar, Jammu, Pimpri Chinchwad, Karimnagar and Dehradun to name a few.

The Smart City Mission is measured as one of the most determined projects of the Modi government. Launched in 2015, the project has entered into execution stage where 100 cities will be provided Central funds to develop infrastructure and become smart.

How smart cities work in India?
In 2015, the smart city scheme was launched by the Central government, where states have to nominate cities and compete with others to get funding. 99 cities have been selected to be upgraded as part of the Smart Cities Mission after they defeated other cities in the challenge.

1st Round winners – Selection of 20 Smart Cities
2nd Round winners – Selection of 13 Smart Cities
3rd round winners – Selection of 27 Smart Cities
4th round winners – Selection of 30 Smart Cities
5th round winners – Selection of 9 Smart Cities

A special purpose vehicle has been formed to lead the mission in the cities selected.

So, what would smart cities of future do? According to the ministry, they would:
• Provide a new identity for the city.
• Deliver equal housing opportunities for all.
• Encourage mixed land use in area-based developments.
• Preserving and developing open spaces.
• Encouraging a variety of transport options.
• Make governance citizen-friendly, cost-effective and technologically advanced.
• Create walkable localities and reduce jamming, air pollution, and resource depletion, apart from improving the local economy.
• Applying smart solutions to infrastructure and services in area-based development to improve them

Bottomline: The Smart City initiative is not about the Union government providing extra resources for urban development. The scheme is about citizens planning and understanding smartness. This is the first time, a Ministry of Urban Development (MoUD) program has used a competition- based method as a means of selecting cities for funding, and used an area-based development strategy.

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Category : Real Estate News

Bengaluru’s PRR will be an Elevated Corridor now

Sumadhura Group launches Sumadhura Nandanam, a super luxury property in East Bengaluru

5 Property Layouts That Is Outdated and You Should Avoid Them

Commonfloor Launches SmartGuard for Future-Ready Apartment Complexes

Shillong: The 100th Smart City