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PROPERTY NEWS FOR YOU

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April 2016

VitrA brings to you its excellent concert of Nature and Istanbul with its latest ISTANBUL SERIES

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Turkey introduces its spectacular and organically designed series- Istanbul. Designed by the pioneer of the 21st VitrA, the leading bathroom solutions brand of Eczacıbaşı Building Products Division in century industrial design Ross Lovegrove, the collection is inspired by “nature”. The outstanding combination of fluent and sculptural forms with fine lines is the evidence of the mastership of VitrA in production technology along with the ability of Lovegrove to make use of the technology and materials.

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The latest in a long line of VitrA collaborators in the field of design, Ross Lovegrove is one of the most interesting and intelligent designers of this century. The collection is a continuation of natural and sophisticated line of Istanbul series which includes sink cupboard, Infinit sink, Istanbul washbasin and fixtures. The design gets an elegant ambiance with 3 lacquered color options: Burgundy high gloss, white and olive green.

Istanbul with new washbasin

When visiting Istanbul, VitrA’s physical and spiritual home, Lovegrove immersed himself in Turkish ceramic culture and drew inspiration from the diverse ethnicity, architecture and custom of the region to bring an additional perspective. He studied Ottoman geometries and calligraphy, which are graphic and yet liquid, organic and highly sensual. These two-dimensional applications were morphed to create surface patterns for printed products and for milling panels and screens, thus leading to the creation of this stunning collection of Istanbul.

Website: http://www.vitra-india.com/

 VitrA Store Address :  B-102, Bureau Life House, Opposite SAB TV building, New Link Road, Andheri- West, Mumbai 400453.

 

 

CONSTRUCTION STARTS WITH PLANTATION ON EARTH DAY

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Greater Noida: This Earth Day, real estate developer Shri Group started construction work on their latest project Shri Radha Aqua Garden in Greater Noida West with a plantation drive. As per their promises, Shri Group has started work even before the official launch of the project. Based on the theme of ‘Resort Style Living’, this project would feature 100% green cover on the ground floor. A company, which emphasises a lot on greenery and environment, has again set an example commencing work through a plantation drive at the project site. On this occasion, Shri Group also donated 950 plants to the IIP Foundation which is equal to the number of units on offer in this project.

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Gracing the event, Sudeep Agrawal, MD, Shri Group said, “Our aim is always to do something better and unique and that is the reason we have started the construction work on Earth Day so that we can commence by showcasing our responsibility towards the environment. Our project is also based on greenery and that is why we have used the word garden in the name of the project.”

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Marshalls Wallcovering goes online: Your favourite wallcovering is now just a click away!

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The ease, convenience, and flexibility offered by online shopping has got the entire nation hooked on. Online shopping has witnessed unprecedented growth in the past 2 years. Keeping up with this trend, Marshalls Wallcoverings, offers its customers a wide range of wallcoverings at the click of a mouse. For the first time in India, one can browse through 10,000 plus designs & finishes in wallcoverings only at www.marshallswallcovering.com

Give vision to your imagination by picturing your favourite wallcovering in an actual room setting. Log on to Marshalls user friendly website which enables you to replicate your room with wallcoverings from top manufacturers from Europe and America. That’s not all, at Marshalls one can customize their search experience by clicking on multiple options ranging from price, design type and colours, thereby giving shape to their interior design imaginations aesthetically as well as financially.

Taking its customers experience to the next level Marshalls Wallcoverings can do installations anywhere across India due to its wide network of professional installers. Marshalls has taken special care to understand its customers concern with payment options while purchasing their products online. Therefore Marshalls has setup an easy secure payment gateway and also option of Cash on delivery for selected product category. Bringing real convenience to its customers Marshalls will also deliver wallcoverings within 5 days once the order is placed.

So shop online at www.marshallswallcovering.com and transform your room from good to great with just one click! For further details contact 022-40702165/71 between (10 am – 7 pm).

 

 

KPMG takes position at World Trade Center, Kochi

Bangalore, 20 April, 2016: In what could be the largest office transaction witnessed in Kochi in recent past, KPMG, one of the Big Four Auditing firms in the world, has taken up more than 260,000 sq. ft. of office space at World Trade Center (WTC) Kochi at Infopark being developed by Brigade Group, a leading real estate company based out of Bangalore. WTC Kochi offers 770,000 sq. ft. of premium SEZ office space being developed in two towers. KPMG already has an office in WTC Bangalore, which is part of the award winning mixed use enclave called Brigade Gateway.

The auditing major had many office space options from competitors, but chose to go with Brigade Group due to the strategic combination of the World Trade Center and Brigade Group. Working out of the World’s most sought after business address- World Trade Center along with the positive experience from KPMG’s existing relationship with Brigade Group played a crucial role in the decision. KPMG expects approximately 2,600 employees to be operating from this facility.

Another global MNC Xerox has confirmed 43,000 sq. ft. office space in WTC Kochialong with Boston based Visual IQ, Theory Y & Forerun Global which are some of the other companies who have already signed the agreement with Brigade Group and will start operating soon from WTC Kochi.

Confirming the development, Vishal Mirchandani CEO – Retail & Commercial, Brigade Group said “Our approach to real estate development and managing customer expectations keeps us in good stead and helps us grow our business while strengthening our brand values. Our foray into markets outside Bangalore have been successful and this is another example demonstrating our management’s mission to develop the Brigade brand as one of the dominating players in real estate sector in South India.”

WTC Kochi is Brigade Group’s 2nd World Trade Center developed after the multi award winning and fully operational WTC Bangalore which is home to large global MNCs like Amazon, ABB, KPMG, McKinsey etc. Apart from Bangalore and Kochi, Brigade Group has 3 more licenses to build World Trade Centers in the South Indian cities of Chennai, Trivandrum and Hyderabad.

For more details please contact Mr.Joshua Vincent – 080-40467621 or visitwww.BrigadeGroup.com

GoodEarth introduces Malhar Patterns – Open Plan Home

GoodEarth, known for constructing environment-friendly and sustainable neighborhoods introduces its latest Community called Malhar Patterns – Open Plan Homes.

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GoodEarth Malhar Patterns is an eco-village spread over 12 acres of land, located in Kengeri, Bangalore. The Open Plan Homes are cleverly designed spaces with minimal walls or no walls at all seem to flow seamlessly from the entrance verandah, through the living and dining areas to the rear verandah and into the rear garden. This creates a sense of spaciousness in an otherwise compact plan and the beauty of the outdoors can be appreciated from various points within the home. The position of the plot in the layout and proximity to the parks will decide the emphasis on the front or rear garden.

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Malhar Patterns is truly a distilled essence of GoodEarth‘s understanding in designing layouts for homes and is based on how people live in them and use them; and how the home can help them interact with their neighborhood. Each of the patterns in GoodEarth Malhar has its unique characteristics. The GoodEarth Malhar- Patterns project is the fifth community of the Malhar Eco-village continues with the aesthetic traditions of the development.

Würfel spells power with the launch of INCAA Studio in Bengaluru

_DSC7846_dXo_HDR_final_forPrint_72DPIBangalore, April 20, 2016: Premium modular kitchen and wardrobe brand, Würfel has strengthened its foothold in India with the launch of the maiden flagship store – INCAA Studio in Bangalore. Würfel aims to revolutionize the Indian modular kitchen industry with its commitment of providing the finest European Modular Kitchens & Wardrobes at a highly competitive pricing. Würfel Küche is a result of over three years of intense R&D on the top brands in the world of Kitchens and Wardrobes with focus on the Indian Market. Würfel is an extremely quality conscious brand that conforms to superior quality standards in designing, manufacturing, installation & servicing and offers comprehensive solutions to its customers.

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Adhering to strong European traditions, Würfel is a host to 100% top of the line German machinery, raw materials & fittings from across Europe, to deliver world-class kitchens that speak of innovation, style and functionality. The products perfected to International standards, reflect unmatched quality, excellent craftsmanship and have set a benchmark in the world of modular kitchens.

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Speaking on the occasion, Mr. Khanindra Barman (Kay), CEO & Co-Founder at Würfel Kuche said “We are extremely happy and excited on the launch of INCAA Studio in Bengaluru. Würfel as a brand emphasizes on perfection and delighting our customers. With increasing emergence of nuclear families, rising disposable income, growing awareness and better affordability more and more people understand the importance of having a well built and modern kitchen. To match this growing demand, Würfel aims to set up over 100 franchises all across the country in the next three years and the brand looks forward to grow systematically to emerge as a leading player in the modular kitchen segment in the country. Würfel understands world-class kitchens with a detailed eye of Indian working conditions. We at Würfel realise the unique desire of getting – “Top End Quality at affordable price” and Würfel targets to be the provider of that void.”

INCAA Studio is part of Daasta Ventures Pvt Ltd. A conglomerate of food, education, realty and medicine, DAASTA Ventures now adds interior solutions to its areas of expertise. Speaking on the occasion of the launch, Mr. Sudheer Kumar, Managing Director of INCAA Studio said“ INCAA Studio is the effort of extensive planning, determined efforts and hard work of a very young and enthusiastic crew. We are proud and overjoyed to present INCAA studio to Namma Bengaluru. We at INCAA Studio

 

 

 

present designs that resonates style & quality. Our creatively and fancily done showroom located at Indiranagar 12th main, the heart of Bangalore, houses kitchens, bath and sanitary ware and wardrobes. Our efforts are concentrated towards converting spaces into homes.”

INCAA Studio brings premium brands like Wurfel Kuche Kitchens & Wardrobes, Toto, Noken, Systempool, Krion Solid Surface and Geberit under one roof. Kitchens start at 1.5 lakh to 30 lakh and more depending on size, finish & automation

Satra Group Launches 41 storeyTower : “Satra Mahavir Ville”Matunga

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Satra Group has launched the new residential project at Matunga, Mumbai named as Satra Mahavir Ville. The Project is a Multi Story Luxury Apartment developed within approx 1.35 Acres of Land (1 High Rise Luxury Tower).

Satra Group, one of the leading developers in the real estate industry in India launches its one of the finest luxurious residential apartment Satra Mahavir Ville in Matunga(CR), Mumbai. The project comprises of 2/2.5/3 BHK and customizable 4 & 5 BHK Luxury apartments with world class amenities. Satra Mahavir Ville is among the best housing project, the group has started its bookings on the auspicious day of Gudi padwa. The Project is located at one of the booming locality; heart of downtown Matunga, Mumbai.

Matunga is fast growing to be a gem in the heart of the city. Located in the central suburbs, the area enjoys advantageous proximity to Central Suburbs, Matunga Railway Station and 5 minutes from Dadar, is a prominent location for convenient connectivity in the city. It is close to the city’s commercial destination, i.e. Lower Parel. Strategic location advantage: The International Airport is only a 35 minute drive away. One can access renowned clubs and gymkhanas that are close in vicinity, major dine out places are only a few minutes away. It is at the centre of everything that you would want to be, hence becoming the most favoured destination for both investors and home seekers.

Commenting on the launch of Satra Mahavir Ville, Mr. Praful Satra, the Chairman and Managing Director, Satra Group said,” Satra Mahavir Ville is my pride. This place has endowed me with unconditional love and warmth. Over the years it has been my dream to do something remarkable for this humble place, which has given me so much. Today, the vision is taking shape in form of a one-of-a-kind landmark that will engrave a unique identity for the Mahavir compound. This is one of our most luxurious projects. This is a proposed 41 storey tower which consist of has world class luxury amenities to suit the upward living quotient. We have designed and taken into consideration safety as our top most priority.”

This Mahavir Ville is a luxury project which offers world class amenities like the amazing podium recreation zone located above on the 5thpodium level where people of every age can come to relax and enjoy. It has an Enjoyment zone which includes a Lap Pool, a Kids Pool, a Jacuzzi, a Pool Desk and a Sunken Pool with a Juice Bar. A Resting Area which has: A Lounge Area, a Barbecue Pavilion, a Seating Alcove and a Café Lounge.Health related activities for adults and children include a Jogging/ Walking track, a Multipurpose Gymnasium, a Yoga Deck and a Kid’s Play Area. Birthdays, parties and get together’s can be celebrated with enthusiasm at 3 different locations that Mahavir Ville is offering, i.e. the Open Lawn, the Mound Garden or the Party Lawn.

 

The Bill is Coming | We're Ready - Sobha Dream Series

RBI comments from K Raheja Corp and Prajapati Constructions

“The repo rate cut by RBI is a step in the right direction. Although there were higher expectations of the cut, this is certainly good news for developers as well as buyers.  It is also encouraging to hear that going forward, the central bank’s policies will remain accommodative. We hope the banks will pass on the benefit to the industry.” – Kishore Bhatija, Managing Director – Real Estate Development, K Raheja Corp

Mr. Kishore Bhatija, MD Real Estate Development, K Raheja Corp (2)

Mr. Kishore Bhatija Managing Director – Real Estate Development K Raheja Corp

 

The repo rate cut of 25 bps by RBI is a welcome move, but the developer community was expecting a bit more, said Rajesh Prajapti, Managing Director of leading realty developer Prajapati Constrictions.

“It would have been much more beneficial had the RBI reduced the repo rate by 50 bps, which in turn would have facilitated the banks to further reduce the rate of interest,” he said.

Mr. Prajapati expressed the hope that hopes that the National housing Bank , PSU banks as well as Pvt banks will reciprocate by reducing its rate of interest to ensure lower EMIS on loans.

Rajesh Prajapati - Managing Director - Prajapati Constructions Limited - AMr.Rajesh Prajapati – Managing DirectorPrajapati Constructions Ltd

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