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2011
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Home is where the heart is
O
ur homes are more than faceless residential blocks, part of an urban concrete jungle. It is a place of comfort reflecting an individual lifestyle exuding warmth, love and laughter. Our home is where our heart is! So buying and decorating a home entails means care in what we choose and invest. at all comes with the joy of living. While in Britain, the fear of a double dip recession is a constraining force, in India the real estate boom is a source of exuberance and expectation. Whether it be Bangalore, Pune, Kolkata, Chennai, Hyderabad, Delhi or Mumbai - the story is much the same. The Indian real estate boom is linked directly to the country's buoyant industrial and economic trajectory, its overall stability and the strong presence of multinational companies that reflects international confidence. As per the demographics, India has one-sixth of the world's (say, around 17%) and such large numbers there will remain an insatiable demand for residential, commercial, retail and industrial properties.
the native investors are returning to real estate business after an interval. Many of them are now eyeing fresh projects in which to put their money. The growing demand of real estate brokers tells it all. Property developers offer high-end flats and bungalows to locals as well as non-resident Indians. It is a known fact that NRIs are one of the major investors in Gujarat residential property and this makes the real estate developers focus on luring them. The real estate development in the state has been slow yet steady and anyone visiting Gujarat will definitely admire large, glitzy buildings and malls which have come up replacing the old ones. One cannot deny the fact that due to its location and people, the state has excellent development prospects.
The boom is also attracting interest abroad. In recent years, overseas Indians have played a crucial important role in the transformation of the Indian real estate market. The liberalized Indian economy has opened up opportunities for people willing and able to take advantage of them. Since 1994, overseas Indians have invested significant amounts of money in the domestic market, of which a big chunk has found its way into purchases of property. This has resulted in accelerated economic growth.
In that spirit we have produced a comprehensive guide for your investment. I hope you find this magazine useful and enjoyable. My heartfelt thanks to all those who have supported this magazine, in one way or the other, including my team in Ahmedabad and London. Happy reading to all of you and may all your endeavours bear the choicest fruit.
Gujarat has a critical place on the industrial map of India. Its citizens are famous for their entrepreneurial talent. As part of the global property market boom, Gujarat too is gearing up to welcome change. By introducing world-class real estate infrastructure, many companies have made it an ideal place for living and organising profitable businesses. Currently, we witness a phenomenal rise in the demand for both residential and commercial complexes all over the region. It seems
Gujarat Samachar | Asian Voice | 2011
CB Patel Publisher/Editor Asian Voice & Gujarat Samachar
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Gujarat economy grows twice as fast as India’s
F
irst and foremost, India ranks near the top
GUJARAT
is
a
pioneering,
futuristic
when we talk of manpower, easy access to
entrepreneurial state of the country.
international markets, a stable economy, and
some of the largest businesses in India.
it has the goodwill of foreign investors
Gujarat controls
20% of India's Industrial Output
And the engine to India’s progress is Gujarat. The
10% of its Mineral Production
economy of Gujarat is one of the most prosperous state
20% of its exports
economies within the Indian Republic. Gujarat is the
25% of its textile production
vision of India's future. Its economy is growing by
40% of India's pharmaceutical products
double digits.
and
47% petrochemical production
Gujarat’s economy has
witnessed more than four times increase in
Rewind and see the past time, it was
the Gross State Domestic Product(GSDP) in
when the Indian economy lacked foreign
since 2001.
investment badly, now it is surplus.
According to the official figures released
This surely says that there are various
by the state and central government, in 2001-
reasons for India’s economy being so
02 the total size of GSDP(current prices) of the state
capable. It is known that India is attracting investments
was Rs.123573 crore which rise to whopping
from all around the world.
Rs.514750 crore in 2010-11.
When India has the fastest growing economy,
According to the estimate in the upcoming financial
infrastructure of world class and many other factors to
year 2011-12, the size of Gujarat’s GSDP is likely to
add up its sleeves, it is bound to be raising everybody’s
achieve mark of Rs.588102 crore(almost five times of
eyebrows. China being a good economy loses its place, when
2001-02). When the whole world is looking at India as its next
we talk about democracy. India is the largest
investment destination, the global business leaders
democracy in the whole world. This spells security in
have found their answer in Gujarat. Gujarat has always
bold letters, people will prefer security of their
been a centre of trade. Gujaratis have been very
investments, so they prefer Inidia.
entrepreneurial. Conti....on page- 36 www.abplgroup.com
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Gujarat Samachar | Asian Voice | 2011
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Lifestyle homes that makes you feel royal.... Tanishk
A
hmedabad situated on the banks of river
luxurious amenities and specifications such as Centrally
Sabarmati , in the state of Gujarat, on the
Air Condition , Fully Automatic Lift in each Bungalow,
western side of India is the largest city in the
Modular Kitchen , pressured water with Softener and
state and sixth metropolitan of India , with a population
RO , Italian / Vitrified / Composite / Wooden flooring and
of approximately 75 lakhs (7.5 million) spread in around
is almost ready for fit –outs.
464 SqKm , have got divided in two parts (East and
In Apartment Luxury , Tanishk Princess apartments
West) geographically through Sabarmati River passing
are located in between Vastrapur lake and Drive-in-
North – South.
Road at Sunrise Park have 12 units divided with 4 units
Promoters of Tanishk Properties , a group formed by
of 3 BHK and 8 units of 4 BHK apartments having 2200
a conglomeration of technocrats and experts from civil
Sft and 2700 Sft of Super Built area respectively . Said
as well as various business spectrum aimed to create
Apartments are under construction with state of the art
master pieces in real estate through residential ,
amenities and specifications such as Fully Air Condition
commercial and other real estate projects is working in
, Fully Automatic Lift , Modular Kitchen , pressured with
the field by last 15 years.
Softener and RO Water supply ,
Presently , Tanishk Properties is developing state of
Italian / Vitrified /
Composite / Wooden flooring etc .
the art three residential projects in western part of
In Apartment Luxury , Tanishk Emerald apartments
Ahmedabad City known as Solitaire Bungalows at
are located near Prahaladnagar garden have 16 units
Gulbai Tekara , Princess Apartments at Vastrapur and
divided with 4 units on each floor with 4 story building
Emerald Apartments at Prahaladnagar showcasing
and have 1665 Sft of Super Built area . Said Apartments
marvel and luxury in different categories .
are
under
construction
having
amenities
and
Briefly , Tanishk Solitaire Bungalows have 5000 &
specifications where luxury begins with such as Fully
5150 Sft of Built up area with 1950 to 3100 Sft of land
Automatic Lift , Modular Kitchen , pressured water
area located at Gulbai Tekara / Ambawadi with
supply , Composite / Vitrified / Wooden flooring etc . Mentioned projects are being built with voluntary accepting Green norms and in line with Green Building Council’s norms.
www.abplgroup.com
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N
Live life Kingsize Nidhi Group
idhi Group is remarkable real estate player in India, it plays major role in field of Construction. With more than 15 years of experience in this field, it has many more residential and commercial constructions up its sleeves.The construction matches the international standard. Mr. Pradip Popat & Mr. Kalpesh Popat believes in value addition and going that extra Mr. Pradip Popat mile. More than construction, they mean to give a fantastic lifestyle that emerges people to live better and best. Mission is to make a difference in people‘s lives by catering to them a living that generates prosperity and success. Projects consist of luxurious residential apartments, bungalows, commercial complexes and corporate houses. With a large network of clientele all over the world. Many people from UK have already got the booking in “Shreekunj Apartments” “Shreekunj Apartment” is in one of best area of Ahmedabad. Situated in Satellite area, it excels as a scheme with lots of luxuries, excellent planning and ultra Modern Construction Quality.
Residential Plots & Weekend Home
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“Invest in India” - The next Big Thing
Kamlesh Amin CEO, Gujarat Samachar UK
Bird veiw of Applewood, Ahmd.
F
in, poverty is out? The branded realtors of the US like Richard Ellis have come here to cash in on the boom. Office spaces that have been developed are state of the art and at globally competitive prices. Since the city land use is choked with buildings the suburbs is a welcome shift. The NCR region has decongested Delhi and made it roomier. Thanks to the 2010 Commonwealth Games to be hosted in New Delhi.Delhi has retained its character and is a good mix of the old and the new. An old Indian saying says, ‘land is like mother: never abandon it for money!’ The opposite is now true: land is money in Indian cities. Because of the huge compensations that have been given to farmers whose land has been brought under use for development, urban land is now worth millions. The India property effervesces has been magnetizing mammoth investment in property market and comprises foremost property fund liberates and management services. The most important suppliers of realty news create presented resources to facilitate investors to investigate realties in cities akin to Ahmedabad, Surat , Rajkot Mumbai, Kolkata, Chennai, New Delhi , Bangalore , Hyderabad , Noida, Gurgaon, Pune, and the reminiscent of. The investors can also notice the property listings for auction and buy of real estates in a state-wise method for Kerala, Delhi , Goa and Gujarat .
rom nowhere in the middle of the last decade, India ’s property market has raced like a horse on steroids to reach a size of $50 billion. And is expected to grow $90 billion by 2015. Indian real estate business has taken an upturn and is expected to grow from the current USD 14 billion to a USD 102 billion in the next 10 years. In every city and town, an endless row of nouveau riche has surfaced, having traded their land and buildings for unprecedented sums. By time and now, it is proving that that real estate is the surest way of doubling money. The Indian real estate industry is emerging as one of the most preferred investment destinations for global realty and investment firms, says a study conducted jointly by the Federation of Indian Chamber of Commerce and Industries (FICCI), the premier industry body of India having a membership of more than 1500 companies and more than 500 chambers of commerce and business associations, and U.K.-headquartered professional services firm Ernst & Young (E&Y), which is one of the world’s Big Four accounting firms. Purchasing real estate in India is a rewarding transaction observing the ever-increasing inclination towards property prices. The sky-kissing prices of housing on top of commercial realties crossways the nation will positively yield immense returns as an investment transaction. We have a saying in India that having land is better than having a bank balance. It’s actually not a fallacy, real estate investment has turned around the life of many individuals. The past decade has been a boom time for investors in real estate as well as builders. The area surrounding metros like Delhi , Mumbai, Chennai and Kolkatta are growing by leaps and bound. Although growth around Kolkatta and Chennai is a bit slower as compared to Delhi and Mumbai. What does the real estate boom say: that growth is www.abplgroup.com
Current Scenario of the Real Estate Market in India
The Indian Real estate industry has not experienced a lull in a long time now. Its almost like a huge ripple effect with big metros as epicenters, the boom is consistent and the real estate market is indeed growing at a fast pace.
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• Booming economy; accelerated GDP to 8% p.a. • India’s emergence as an attractive offshoring destination and availability of pool of highly skilled technicians and engineers ; Development of large captive units of major players include GE, Prudential, HSBC, Bank of America, Standard Chartered and American Express • Rise in disposable income and growing middle class, increasing the demand for quality residential real estate and real estate as an investment option. • Entry of professional players equipped with expertise in real estate development; • Relaxation of legal rulings and processes by the governing bodies encouraging investments in real estate • Improvement in infrastructure facilities
As opposed to the archaic regulations, that stifled the real estate industry a few years ago, all that is fast changing and hence lending a distinct irrepressible bounce to the real estate market. Real estate sector is in boom in India . In the last fifteen years, post liberalization of the economy, Indian real estate business has taken an upturn.. This growth can be attributed to favorable demographics, increasing purchasing power, existence of customer friendly banks & housing finance companies, professionalism in real estate and favorable reforms initiated by the government to attract global investors
Factors responsible for the boom in Indian Real Estate:
In recent years, India real estate has been in a burgeoning stage in not only the A1-tier cities of India, but also in other Indian cities. Some of the leading factors responsible for this are: • The increase in the population level • The growth of the software IT based companies in India • The accumulated resource capital with the new young generation working in the IT companies • The presence of NRIs and their interest in investing in the Indian real estate market • The liberalization policies taken up by the Indian government to encourage the 100% FDI participation • The introduction of the Real Estate Investment Trust and the Real Estate Mutual Funds • The development of the Special Economic Zones all over India into real estates • The increase in the concept of nuclear families • The rise in the tourism industry of India There are many domestic as well as international players in the Indian realty business who are responsible for the boom in India Real Estate.
Growing Market Demand • Realization of large commercial projects • IPOs by developers • Gradual organization of the markets in the Tier I cities Categorization The demand for new office space in India has grown from an estimated 3.9 million sq. ft in 1998 to over 16 million sq. ft in 2004-05. 70% of the demand for office space in India is driven by over 7,000 Indian IT and ITES firms and 15% by financial service providers and the pharmaceutical sector. In 2005 alone, IT/ITES sector absorbed a total of approx 30 million sq. ft and is estimated to generate a demand of 150 million sq. ft. of space across major cities by 2010. This data clearly demonstrates the growth of the real estate sector in the country. With reference to the availability of infrastructure facilities, following cities are currently attracting MNCs/corporate/real estate developers:
Cause-Effect scenario leading to emergence of organized real estate market in India
The property market in India has traditionally been unorganized and fragmented. However, the recent past has seen a consolidation of positions in the market as developers are stretching their capacities to the maximum in order to meet the growing market demand, which in turn has encouraged large projects with sourced financing. The IPOs by large real estate developers like Sobha, Raheja and DLF have led to organization of the market in the Tier I cities, but the Tier II and Tier III cities still demonstrate the traits of an unorganized market. Whilst the Indian real estate market still lacks transparency and liquidity compared to more mature real estate markets, the increasing requirements of multi national occupiers, as well as the influx of international property consultancies has led to the introduction of greater availability of market information, both in published and private form pushing the sector to an organized market form.
Tier I cities Mumbai (Commercial hub), Delhi (Political hub) and Bangalore (Technological hub): • Preferred option for many new market entrants • Command the highest international profiles and significant proportion of FDI • Offer qualified labor pool and the best
Stated below are the reasons that have led to the real estate boom in the country Gujarat Samachar | Asian Voice | 2011
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Sambalpur: Genpact Bhubaneshwar, Jaipur, Bhopal Orissa: Vedanta Corporate interested in development of SEZs in India and the location of interest Apart for the corporate clientele, the SEZs also attract a number of real estate developers, including DLF, Ansals, Omaxe, Parsvnath, Shipra Estate to name a few.
infrastructure facilities • Exhibit development of sub-urban commercial real estate • Yield of 9.5 – 10% Tier II cities Like Hyderabad , Chennai, Chandigarh , Kochi , Mangalore, Mysore , Thiruvananthapuram, Goa , Bhubaneshwar, Ahmedabad and Pune
As per utilization, the real estate space can be
• Yield of 10.5-11.5% • Offer competitive business environments, human resources availability, telecommunications connectivity, quality of urban infrastructure, • Attract high value IT, ITES and biotech corporate houses
classified as follows: Residential Real Estate • Development triggered by: • Low per capita housing stock • Rising disposable income • Easy availability of finance • Currently growing at 30-35% per annum • Driven by retail investors who view real estate as an attractive investment option as compared to mutual funds and stocks • Geographically widespread with townships being built in both the metros and the tier II and III cities
Tier III cities Like Cuttack and Jaipur • Low liquidity and still highly unorganized. Special Economic Zones: • 28 operational SEZs in the country, including those converted from Export Processing Zones (EPZ) to SEZ • Development of SEZs in various segments such as multi-product, Information Technology, Bio-technology, Gems and Jewellery, Textiles and technology intensive industries • Attract both developers and corporate houses (refer table for a list of corporate that have shown interest in development of SEZs)
Real Estate Investment Banking Real Estate Investment Banking is an approach to real estate financing – providing the client a host of services including the structuring of real estate projects, legal advice, operative management of real estate projects and support in marketing properties. Real Estate Consultants The increase in transparency and liquidity in the real estate market in India is attracting international real estate consultants to India . These consultants offer end to end solutions for their clients’ real estate needs. These services include strategic consulting to developers, investors, advisors and lenders seeking assistance with existing assets, potential acquisitions,
Corporate Location Reliance Industries : Gurgaon, Mumbai/Navi Mumbai Adani Group: Mundra, TCG Refineries Haldia : Suzlon Coimbatore: Udipi Vadodara : Hindalco www.abplgroup.com
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We advise at every step of your investment Based in Ahmedabad (India), Swastik Property is one of the leading organizations that provide real estate solutions. We provide services for Original Bookings, Investments, Documentation, Property survey and SalePurchase of Residential & Commercial Plots, Villas, Bungalows, Flats, Independent Floors, Offices, Shops etc in Ahmedabad, and other parts of Gujarat Our specialization lies in offering consultancy services for NRI clients. Swastik Property was formed with the sole purpose of providing professional and honest services to its valued customers. The customers can count on us for all, property related requirements whether small or big and the customers would be served with the same enthusiasm. As a real estate organization, we are catering to all the needs and requirements of our clients under one roof - be it sale or purchase of their property, relocation services, investment in properties, property advice, property management, etc. We have a wide experience in sale, purchase of residential, commercial and industrial lands. We have a database of various clients who want to sell or buy properties. We recognize and understand the need of our clients and assist them in finding a suitable property, which suits their requirement and budget. We maintain confidentiality about buyers/ sellers and conclude the deal at the best market prices. With the help of our vast database, we have
successfully catered to the requirements of our clients for both commercial and residential projects. Thriving on our transparent business dealings, we have created a niche for ourselves in the market. Be Relax with Special NRI Service We feel “one should invest in property if he has a feeling of safety”, with this line of thought we are offering a special service right from identification of property to lease it out. • Physical visit of the construction site ( if the property is under construction ) / property and update to the investor through mail along with photography. • Find out the suitable tenant for the property ( we prefer company employees only ) who can manage the property. • Regular checking and interaction with tenant and Investors. • We collect the rent and deposit as per the instruction of Investor. • We do the required maintenance work on behalf of Investor. • Take the photography on every 3 months (both inside and Outside) and share it to the investor for their reference. • If the property is exclusive then we also focus on arrangement of security, management of garden and tenant relationship. • Also advise our investors for the “Exit position”, so that they can churn more out of the Real Estate • If require we also help in Legal Assistance.
Call for best offers before Investing
An Initiative by Swastik Group
Swastik
Property Solutions
Himanshu +91 990 990 99 13 +91 990 990 99 14
Buy | Sale | Rent | Invest
SERVICES » Assistance in buying & selling of Residential, Commercial & Industrial Property » Real Estate Porfolio Management » Pre-leased Property Offers, Pre-Launch Project Investment » Special Services for HNI/NRI Clients Authorised chennal partner with all leading developers in Gujarat M/147, Aanal Park, Prahladnagar Road, Anandnagar, Ahmedabad - 380051 eMail: info@swastikgroup.ind.in • www.swastikgroup.ind.in Gujarat Samachar | Asian Voice | 2011
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Shreenath - A hallmark of Real Estate
Precautions one should take before purchasing plot, building...
F
or over a decade at Shreenath, highly experienced and motivated teams of realtors, architects, civil consultants, contractors, and craftsmen collaborate to create a home that is perfect in all respects as produce engineering excellence in construction techniques Mr. Ashesh Shah enabling cost control and timely delivery. Customers are delighted with the group’s rock-solid values, uncompromising business ethics, and transparent transactions; making them take the name of Shreenath as a valued brand in real estate business. Shreenath group has delivered the dream house to the customers with the best value for their money. “Shreenath Residency”, “Shreenath Bungalows” are homes created with beautiful exterior and greenery as well as luxuries and amenities. “Shreenath Sanidhya” is another pearl in the property portfolio. This project offers multifunctional place to live, play and relax, away from the hectic life of the city in developed areas. “Shreenath Classic”, low-rise apartments at a centrally located and developed residential area with a classic ambience and at a price, which spells value. “Shreenath Vertica” is an ultra luxurious apartment at a landmark location, which satisfied once dream of heaven. Customer do not shy in saying “This is me, my life, my home, my wishes fulfilled at Shreenath”. www.shreenathgroup.com
A
t present everyone is inclined to purchase a home or plot or building or factory according to his/her capacity. However, due to one reason or the other they are not able to to make his/her family happy and find himself/her surrounded by problems. The main reason is that they have not taken into consideration the importance of Vastu while purchasing the plot or home. So take into consideration the following Vastu Shastra points: • The north east corner of the plot seem to be cut off, then that plot should not be purchased • Such plot, building or flats whose direction are in the fix should not be purchased • Except north-east all other remning three -south ,south-west north-west direction should not be more than the north-east • A triangle flats or plot should be avoided • Unequally sided flats or plots should not to be purchased • Oblong plot is hard to re-sell and the owner remain in tension • A person lives in semi-circles is always surrounded by enemy and a fear of theft remains for him • A cone shaped plot owner remains a windower and remains unhappy because of a death of his relatives.
Shyam Hills Shree Rang Infrastructure
W
ell! The legacy continues with “Shyam Hills” our new venture in New Ranip, Ahmedabad, which embraces the simple things that lead to a better quality of life & packages them into one aspiring community. Shyam Hills is the latest urban lifestyle habitat dreamed and developed by Mr. J.S. Patel, Chairman of Shree Rang Infrastructure Pvt. Ltd. It is located in the plush New Ranip area – optimally close to the urban havens of Ahmedabad, but strategically far from its din and drag. On offer are 2 & 3 BHK Apartments. Each a benchmark of privileged living, elite tastes and aristocratic class, combined with the privacy, peace, quietude and aesthetic serenity of a real dream home. Shyam Hills is envisaged ad a very classic life space for quality conscious, successful, new generation people with a global mindset to live, interact, and enjoy a privileged existence unabashedly. And the whole project-its every feature and facility – is founded on this psychographic insight. Shyam Hills is the most luxurious residential concept the ahmedabad has ever witnessed – it is a rare amalgam of new generation, ‘lean’ architectural style, thematic design, premium lifestyle facets, striking aesthetics, world class amenities, soulfully greened environments and opulent decor. www.abplgroup.com
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“Build better to Live better” M/s Sadhuram Sons and M/s Sadhuram Gordhanlal are pioneering real estate developers in Ahmedabad from 1965 onwards.
M/s Sadhuram Sons and M/s Sadhuram Gordhanlal is a name that symbolizes trust, quality and standard in building construction industry in Ahmedabad.
Commercial development in Ahmedabad: The city has been seeing a lot of commercial developments from past 3-4 years. Initially there was commercial activity happening on only C.G. road. But now with time, there are many different areas of the city. where many new and excellent building are coming up.
Achievements: Some of the successful and benchmark projects executed by the firm since 1965 are - Capital Commercial center, Nr. Nehru bridge, Ashram Road, Golden Park Housing Society, Ashram Road, Janpath commercial complex, Nr. LIC, Ashram Road, Marine Drive apartments, B/h Drive-in cinema, Maharaja Palace (commercial + residential mixed) nr. Vijay char rasta, Rajdhani Apartments, Memnagar, Aashirwad Complex, Nr. Mehta sweet mart, Usmanpura circle, Ashram Road, etc. The Group is pleased to offer ‘Satved Complex”. Its latest project which is a Ground + Four storied commercial building with showrooms and corporate office space located Nr. Sardar Patel Statue, next to Dr. Vasant Valu’s Hospital, Navrangpura and which is nearing completion. M/s Sadhuram Sons & M/s Sadhuram Gordhanlal Head Office: 2nd Floor, Sadhuram Chambers, Nr. Nav Gujarat College, Opp. Gujarat Vidhyapith, Ashram Road, Ahmedabad-380014
Living with best formula: Building is not mere bricks and walls, much more goes into it. With aesthetics and formation, it is the whole idea related to space and living. The mathematics of needs multiplied by luxuries with the right cord of accomadation spells quality housing. With era of modernization and technology, many developments are taking place. When the living environment that matches the whole new age comes into being. And while modernizing , the culture and heritage is not forgotten. But a living that packages into the best formula.
M/s SADHURAM SONS
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Make home a Heaven Gotiz Infratech Private Limited
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(An ISO 9001:2008 & 14001:2004 Certified Company)
ho does not want a life like living in Heaven? To make your home a heaven is very much dependent on you. A home that generates vibrancy, prosperity and happiness. A home that is blend of modernization and our culture. An zrchitecture and construction in blend with human functionality. Every corner that spells style and good standard of living. Quality living is what Gotiz Infratech Private Limited believes in. Established in the year 1998,"Gotiz Infratech Private Limited has created its name in field of construction. With mission of changing the lifestyle from ordinary to extraordinary, it has catered to different class of people. Each construction is one of its kind, with unique concept and theme,is emerging as latest trend of living and making a difference. Prominent Builder: Gotiz is leading builder in Gujarat. Specially, Ahmedabad, where this group is very popular. It has left no stone unturned for achieving ideal living and commercial space. Group has been involved in construction services for public and private sector. Expertise: Besides, leveraging on in-depth industry expertise, it has been able to offer services in a much organized and smooth way as per the requirement of our clients. The entire work is undertaken as per the specific technical requirement of the client on the turnkey basis. Under the able and efficient guidance of our mentor Mr. Rameshbhai Patel, the group hase carved a niche in the field of providing solutions of the specified segment of our industry. Infrastructure: Gotiz is not only involved in construction of Bungalows, Apartments,resorts, farmhouses but also involved in infrastructure development od canal,bridge,footpath,industrial and commercial plotting. • Biggest Plotting scheme in Gujarat. • Best heritage Resort work • Expertise in farmhouse • Footpath build-up in Thane • bridge build-up in Jetpur • Bapa sitaram Bunglows-I, II,III,IV in Surat • Bage firdosh Bunglows in Ankleshwar Sustainable Architecture: Some people go into isolated areas for peace and pure air and forget the other side of the world. Some disconnect themselves with the nature. Can we not find some golden mean and while staying with the urban environment and interacting with the world we continue interrelate and enjoy the nature. The construction activities are causing 40% of the environment degradation. Therefore Energy efficient and carbon-neutral, Environment friendly green construction is the need of the day which makes the architecture environmentally sustainable. The sustainability needs to be incorporated at the designing stage of the building further into the construction technique and in the choice of the material. Study of Vernacular architecture shows that architects in the past were well aware of this concept however over www.abplgroup.com
the period we came up with various new methods and products which looked into various aspects but the most important aspect got lost in our race for indiscriminate development. 3 aspects must be taken into account for a holistic approach: Design: • Aesthetics should have a top priority in the design of any Ramesh Patel building by keeping in mind the neighbourhood environment and the utility of the building. The building should look a portion of the environment, and not planted into it. It should look attractive but not imposing. • Designing the inlets and outlets of the air, based on the size, habitants and the use of the rooms so the required air change takes place keeping the area pleasant. Ducts suck up cool air and louvered vents at the top expel air outward. The warm and stale air maintains heating and cooling. Designing the height and size of the window and its placement play crucial part in keeping the inside pleasant and giving a view of vegetation. • North south facing buildings are best for ventilations nonetheless the geography of the area of the proposed building, the proximity of other buildings, main roads can become a constraint for maintaining the rule. In such cases the facing may have to be east west. In such cases designing adequate windows and vents on the north south of the building can solve the lacunas. • In the passive solar design technique use of glass in the windows and on the roofs lets ample natural day light inside the house and retains the natural heating and cooling action and cuts down on the electricity cost. The extended roofs help avoid sun glare. • The water body and trees around the building keeps it cool but bringing nature such as water body and plant beds into the building can be very profitable. Planting pest repellents like rue, Citronella Grass, Catnip, Rosemary mountain mint, lavender, lemon grass, basil, sage, chive, chamomile, tansy, Pyrethrum and garlic etc... This helps not only keep away domestic pests like mosquitoes, flies, ants, moths roaches and rodents etc but also in cooling and gives fresh air too. Before starting any construction the first thing is knocking down the trees which comes in the way. But designing building around a tree is also a possibility which can be explored without affecting the structure of the building. The tree can serve as a support and used as living part of the furniture. Plants are a great source of oxygen. They also bring colour and are soothing to the eyes. • Shapes of the building matters too and needs to be considered while designing if possible. A circular wall and dome roof does not absorb heat as much as square walls and flat roofs and it also protects the structure from rain.
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1/2 BHK Luxurious Flat with Luxurious Amenities
Luxury Life Style, Affordable price
3km from Airport deVelOPerS
Shreeji Developers
at WaghodiyaDabhoi Ring Road
Gujarat Samachar | Asian Voice | 2011
Site AddreSS Parivar Char rasta, Opp. Nalanda College, Vadodara, Gujarat, india. Call: +91 - 265 - 6444612 Mobile: +91 9099981999, 9879057000 eMail: shreejideveloper36@yahoo.com
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Kailash Shikhar best Investment Opportunity in Vadodara
adodara is the third most-populated city of Gujarat after Ahmedabad and Surat. It is known as the Cultural Capital of Gujarat. It is also one of the fastest growing cities not only in Gujarat but also in India. With a population over 3 million people, it is fast moving into a metropolis. You can reach Ahmedabad just over an hour and NH8 connects it directly to Mumbai. It is also known as the ‘Gateway to the Golden Corridor’, as all the rail and road arteries that link Delhi, Mumbai and Ahmedabad all road and rail links are passes through Vadodara, including the Delhi Mumbai Industrial Corridor (DMIC). As leading educational institutions are located in Vadodara, it offers skilled and intellectual manpower in abundance. Large companies are looking at Vadodara to set up bases as it offers cheap labour and overall running expenses. Vadodara is also connected by air. Rates in Vadodara are still much cheaper then other places. So there is lot of potential for rate increament. Kailash Infratech is the brain child of developers Sutreja Brothers. They are in the construction field for the last 40 years constructing buildings, shopping complexes, roads, bridges and other civil turn key projects across India. Their passion is to create a quality living which brought them to to Atladara- Vadodara. Some of their
timely delivered creations are high rise commercial complex (SUDARSHAN COMPLEX – LIMDA CHOWK, RAJKOT), JENILI shopping centre Junagadh, Gift Complex Junagadh, Galaxy Apartment, Porbandar etc. “Kailash Shikhar” is a dream Home Project of 2, 3, 4 BHK luxury apartments and 3,4,5 BHK Pent Houses with spacious rooms and architectural splendour and ideally located at ATLADARA (Within Corporation Limit). Before you decide to buy an apartment at “Kailash Shikhar” here are few advantages: ”Kailash Shikhar” is close to Old Padra road and near corporate institutes such as Sun Pharma, Sterling Biotech, Banco, Transpek etc. It is also near the Delhi Public School, GPS, Navrachna International, Mira School, Vibgyor School etc. From Kailash Shikhar you can reach Swaminarayan Temple and Jain Temple in five minutes. “Kailash Shikhar” is approved by Bank of India, State Bank of India, HDFC Bank, ICICI Bank, AXIS Bank, Bank of Baroda etc and 100% Loanable. It has also amenities like Swimming Pool wit Childs Splash Pool, A/C. Gymnasium wit steam facility, A/c. Party Hall, A/c. Home Theatre, A/c. Indoor Games Room, A/c. waiting lounge with Wifi zone, Multi purpose sports complex with stadium, Children’s Play Area etc. Email: info@kailashinfratech.com Web: www.kailashinfratech.com
Strength of Good Architecture: BN Projects
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n today’s time Architecture is turning so modern that in race of theme and concept, it is turning blind towards functionality. It should be always “Form following function”, where form is only developed after sensing its functionality. The implication is that if the functional aspects are satisfied, architectural beauty would naturally and necessarily follow. Architecture is the art and science of designing buildings. Architectural design usually must address function and aesthetics for the user. Functionalism, in architecture, is the principle that architects should design a building based on the purpose of that building. The advocated for urban design strategies based on human proportions and in support of four functions of human settlement: housing, work, play, and transport has to be completely utilizes. Contemporary society places much focus on architectural quality, urban environment and landscape. High-quality architecture and urban planning improve people's quality of life. Dwellings, housing complexes, towns and cities are crucial frameworks for people's everyday lives and should therefore be attractive, appealing and enthralling. Dwellings should be comfortable and functional and should satisfy the needs of the many people who use them. Architecture is an important part of culture, historical heritage and human identity. The existing built environment should therefore be protected. www.abplgroup.com
Nevertheless, there should be room for a contemporary contribution to architecture and to the development of alluring and modern urban environments. Quality living with BN Projects: BN Projects has developed one of the best standards, geared up to serve customer needs. The company’s projects are truly a reflection of quality living and contemporary lifestyles. The projects deliver the strengths of good architecture, appropriate designs, impressive aesthetics and safety features. BN Projects is spreading its foray into development and construction of highly sophisticated and hi-tech commercial as well as residential Complexes. BN Projects is all set to meet its commitments under the leadership of its Managing Director, Mr Bharat Naran Patel & Mr Mitesh Patel who has got a rich experience of delivering quality and value to its clients for more than 25 years. The company is committed to quality, adherence to timely deliveries and rendering an assure value of money to its clients through the execution of its projects with the highest standards and business ethics. Mr. Mitesh Patel is a young educated and dynamic business leader in his own right who has taken all his business to the great heights of success through his innovative and modern business enterprise. And now during the last 5 years, BN Projects has come to occupy the centre stage in the infrastructure and reality market in western India under dynamic leadership of Mr Mitesh Patel.
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Scarlet Infrastructure
carlet Infrastructure is based on strong values, traditional mindset and a vision for the future. With the promoters’ long term experience in realestate, their business plans are based on future thinking as well as clearly placed on the right needs for today and longevity for tomorrow. Ahmedabad is proving to be an ideal city for acquiring residential and commercial property due to excellent infrastructure and the kind of facilities present. The Center's announcement that it will invest Rs. 5,500 crores across seven mega cities in the country of which Ahmedabad is a major development. Gujarat Institute of Housing and Estate Developers has consistently been promoting Ahmedabad as an investment destination. Ahmedabad has high affluence and several real estate developers in Ahmedabad, brands and organizations are setting their sights on them. Since the declaration of Ahmedabad as a mega city in the last Union Budget the real estate activity has gained momentum. The recent real estate trend in Ahmedabad is inclined towards residential, commercial including retail activities, whereas Ahmedabad has been ranked the seventh highest in Market Potential Value (MPV) among all the 784 cities in India. The real estate trend in Ahmedabad indicates that the property prices will continue to rise at a very alarming rate. Demand for property is unlikely to saturate in this city even in the distant future due to its ever increasing value as a major commercial and industrial hub and contributor to the Indian economy. The strategic locational advantage, superior infrastructural facilities and great potential for development of privately promoted ports are as great a contributor. We know, that Ahmedabad enjoys a very strong connection with Gujarati NRIs, whose spending power and industrial skills have encouraged a healthy shift in property rates of late. And conversely, considering that
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Ahmedabad the economic hub of Gujarat is also the seventh largest city in the country,that the state has a progressive government, and the overall infrastructure is growing rapidly, it obviously makes it the most livable, and affordable investment opportunity. The belief at Scarlet Infrastructure is rooted on general understanding of peoples’ needs – rather peoples’ living needs – and we all know its not just about having a shelter. Today its about enjoying your living space – with a good location, apt amenities and specifications befitting the kind of affluence we know and see all around us. We at Scarlet Infrastructure have embarked upon creating advantages based on the location. Advantages for the residents of Scarlet Heights through sheer construction expertise. Through an impeccable eye for detail and quality. Through the design of an experienced architectural design firm. All this because we want Scarlet Heights to be a landmark - A landmark in Prahladnagar - A landmark for Scarlet Infrastructure and finally a landmark for you in your life. We welcome you all to comfort through tranquility and to comfort through luxe*ssary Scarlet Heights is strategically located at Prahladnagar, a burgeoning area of Ahmedabad. Progress brings about changes; rapid changes. And with development, both residential and commercial, Scarlet Heights is a towering community. Comfort through tranquil surroundings - Comfort through most relaxing and necessary activities within The Complex. We go on to explain what is luxe*ssary <necessary luxury> As mentioned earlier, Ahmedabad and the nation as a whole is progressing, the benchmarks are changing. In real-estate we acknowledge that the expectation of basic luxury is more than just a necessity. Or that there is a certain amount of necessary luxury. therefore LUXE*SSARY. Email: info@scarletinfra.com www.scarletinfra.com
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Conti....from page-16
estate into commercial use. The corporate houses in India are also demonstrating a shift from ownership to leasing. With the advent of MNCs into the country, a growing number of companies no longer see real estate ownership as an absolute necessity. From the perspective of companies who want to sell off assets, securitization schemes provide a greater diversity of alternatives to liquidate real estate. This has been greatly encouraged by corporate restructuring and a return to focusing on core competencies. Thus, there seems an opportunity to tap the corporate houses who have a large corpus of real estate and are willing to trade this asset for want liquidity.
new development projects and properties slated for disposition, feasibility studies, concept testing, business planning exercises, investment advice, market research and analysis, demand forecasting, financial modeling and project structuring exercises, portfolio optimization and re-engineering strategies, expansion and occupancy, location and entry, brokerage services, legal documentation review, valuations etc. Real estate consultants also ensure that the financing needs of the client are well taken care of by liaising with banking/non banking institutions and providing them with investment and structured finance solutions.
FDIs/FIIs: Post liberalization, the investment opportunities in real estate for the FDIs and FIIs have greatly opened up. Foreign investors can now purchase commercial development projects (under construction) over 50,000 sq m (540,000 sq ft), or plotted residential developments with a minimum size of 10 hectares. Foreign investors may purchase an equity stake in an unlisted real estate company and thereby partner in its growth plans across asset classes and cities. Listed real estate companies also offer good liquid investment opportunities routed into designated special purpose vehicles that hold the asset(s) being developed, thereby reducing risk. These investors look for innovative financial products to suit their investing needs.
Developers and Construction Companies With the opening up of the real estate sector in the country, the construction houses are scaling up the commercial and residential constructions. An increasing number of developers are offering IPOs for fund raising. AIM too is a sought after solution to meet the fund requirements for these developers.
Financial Institutions â&#x20AC;&#x201C; Real Estate Mutual Funds Major financial institutions such as ICICI, HDFC , IL &FS and Kotak Mahindra have all launched real estate funds, either as joint ventures or sole investors. Most institutional funds operate on a pan-Indian basis, and are increasingly looking at opportunities in Tier III cities, in order to gain "first mover advantage".
Fund raising options by developers Domestic Corporate Houses: As the land prices in the Tier I cities have always moved upward, land was regarded as a safe investment which, regardless of how it was used, would produce capital gains far above the inflation rate. It was thus common for companies in the manufacturing and service industries to acquire real estate even though they themselves were completely unrelated to property rental or real estate investment, seeking collateral value and tax benefits from depreciated assets, and expecting unrealized gains to absorb business risk. Acquisition of real estate as an asset was further encouraged as part of a diversification strategy in the investment portfolio of these corporate houses.. As these real estate possessions are classified as fixed assets held for the companyâ&#x20AC;&#x2122;s own business purposes, it becomes feasible recent moves to increase real estate liquidity often involve the conversion of corporate real www.abplgroup.com
Private Equity/Venture Capital Funds As per the Securities and Exchange Board of India (SEBI), Foreign Venture Capital Investors (FVCIs) may invest in real estate assets, within the framework of SEBI. This has paved the way for capital infusion into the market and a significant weight of foreign capital is now chasing Indian real estate. Indirect real estate investments are made into a pooled investment fund; such funds are usually created in partnership with
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domestic developers or financial institutions. Such VC firms, partnered with developers form a potential client base, keen to invest in the real estate sector.
Maturity of the real estate markets will lead to infusion of foreign investment and adoption of international best practices by real estate players. Developers will get more organized, and become more transparent to avail opportunities emerging in the market. With the Indian securities market regulator SEBI allowing real estate mutual funds (REMFs) in India , equity investors will have an exit option available to them. All these factors will contribute in making the Indian real estate market more organized and structured, thus providing better investment opportunities.
Real Estate and Financing Trends in India Securitization and CMBS From the perspective of companies who want to sell off assets, securitization schemes provide a greater diversity of alternatives to liquidate real estate. Securitization is primarily used by the corporate houses to convert the corporate real estate to commercial real estate. Risks involved in the Real Estate Investment Market
Real Estate in Ahmedabad-Gujarat Real Estate in Ahmedabad is the next big thing in the thriving Indian property space. Real Estate in Ahmedabad is booming. The industrialization of Gujarat state will turn Ahmedabad into a megapolis.
Liquidity risk: The real estate investment market is still in its infant stage. The time required for liquidity of real estate property can vary depending on the quality and location of the property. Regulatory risks: In terms of property ownership, permission from the Reserve Bank of India is required for foreign investors. For capital repatriation, investors need to apply for approval from the RBI, and foreign direct investment is limited to a limited set of opportunities (e.g. townships). Property market transparency risk: The Indian property market has low transparency when compared to the more mature and developed real estate markets. Although market transparency has improved, reliable and consistent information on the Indian property market is still not easily available Macroeconomic risks: Interest rates, inflation and exchange rate risks are amongst the important macroeconomic indicators and have shown decreased volatility.
Real Estate in Ahmedabad is currently undergoing dramatic changes; the development of residential townships, malls,office spaces, flyovers and roads are fast changing the Ahmedabad cityscape. To add icing to the cake, a metro rail service will soon become operational in Ahmedabad city due to the growing real estate in Ahmedabad The urban planning and implementation of Ahmedabad civic authorities are very effective and efficient-the proof is found in the absence of traffic congestion even when construction all over Ahmedabad continues in full swing. Ahmedabad already possesses three ring roads and the fourth one is already being planned. The government authorities are encouraging the growth of six types of mini townships in Ahmedabad: • Technology Parks • Education based townships • Medical and Health care townships • Tourism and tourism related townships • Logistics Parks • Residential townships The demand for real estate in Ahmedabad is much greater than the supply. This translates to 15 to 20 percent increase in property prices in Ahmedabad every passing year. For real estate investors, Ahmedabad is presently a golden fruit to pick and savor.
Ownership and Land Title Issues: Lack of information and low transparency in the real estate segment in India , coupled with the age old property related issues discourages the investment of the large players in the semi urban and rural areas thus slacking an overall growth of the real estate sector. Conclusion: The Indian real estate sector promises to be a lucrative destination for foreign investors into the country. The Indian realty sector, if channelized properly, could catapult the growth of several other sectors in India through its backward and forward linkages. However, there are potential constraints for domestic as well as foreign investments in India . Absence of a single regulator to monitor business practices prevailing in Indian real estate market is perceived to be a risk factor by investors. The SEZ guidelines which are issued by the Commerce Ministry are constantly modified, creating uncertainty. Since the liberalization of FDI norms, significant foreign investments have flown into real estate; but availability of suitable exit options for such investments is still constrained. Gujarat Samachar | Asian Voice | 2011
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It’s not a destination, It’s destiny
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e had a dream. A dream to create the most sprawling and elite residential complexes that the world would know as Wind Chimes. Aspiring to be the finest, even the very best the industry offered, seemed inadequate. We handpicked the materials, hired the best hands and gave them the freedom to surpass themselves. Nurtured by this passion and creativity, Wind Chimes will stand as a landmark of excellence with its vast expanse of luxurious bungalow-style apartments, ensconced within beautifully designed landscape. Add to that the world class features and amenities like 9 hole miniature golf, international standard squash court, amphitheatre, indoor temperature controlled pool, roof top café, tranquil zone, American basketball, recreation zones, numerous sit-outs under dappled light, 100% child safety, ionizers in common area, no vehicular traffic in common area, internal movement by golf cart and you will have a home that will make you draw a deep breath of satisfaction. Along with renowned architect Mr. Apurva Amin, we have put in every effort, in every square-inch, to ensure you have spaces that delight you every day you set foot in them. It is, after all your destiny in waiting… Wind Chimes. A Home Well-Deserved. 3 & 4 BHK EXQUISITE APARTMENTS. The proposed project comprises construction of 120 ultra luxurious residential apartments (84 three bed room and 36 four bedroom apartments) with 10 well laid out blocks of 12 apartments each. The site of the project is situated on the 200 ft. S. P. ring road diagonally opposite the Science City campus in the most urban and developing western area of the city of Ahmedabad. The said project has been conceived as a ultra luxurious residential apartment project and hence the developers have roped in M/s. Apurva Amin architects, one of the best architects of the modern times available in Ahmedabad, along with other reputed professionals/credits to design the project. ‘WINDCHIMES’ spreads over 14431 sq. mtrs. of land with 10 well laid out blocks of 12 ultra luxurious apartments each, a huge common area along with a host of amenities to offer club like living to the clients. The layout of the blocks is such that almost all the blocks are garden facing. The land of the proposed project falls in RII zone which allows a height of the building to accommodate only three floors. The promoters have conceived the project with a full basement for parking and other facilities, apartment on the ground floor with private gardens, apartment on first floor and that on the second floor with a private terrace garden. The private garderns, both for the apartments on the ground floor as well as second floor, shall be designed and developed by the developers to maintain the overall theme of the project. Both, the 3 bhk and 4 bhk unit plans are designed in such a manner, that the drawing hall, kitchen and dining www.abplgroup.com
area etc. make one compartment of the apartment and the bedrooms and toilets make the other compartment of the apartment. This takes care of the privacy of the bed rooms and also the entrance area seems quite commodious. The pooja is also placed in such a manner that it doesn’t touch any wall of any toilet and has a small private area. The kitchens and the kitchen yards are planned in such a manner that none of them are visible from outside or from the common area in any apartment, and hence the area for drying of the clothes and utensils becomes well defined private area. The specifications, as listed in the brochure, promises an ultra luxurious living experience. The elevation, overall treatment of the project, the design of the common area as well as the private gardens etc. promises a beautiful living experience for the clients. The project has a host of common amenities viz. temperature controlled swimming pool,9 hole miniature gold, squash court, branded gymnasium, pool games , kids play area, senior citizen sit out, walking track, aerobic/yoga hall, amphitheatre, etc. The developers have also offered to put up a DG set in the project as a back up power supply. Wind Chimes is located in area of Science City, on S. P. Ring Road, Bhadaj. This area is one of the most upcoming area of Ahmedabad.-Gandhinagar. With such a huge development of Gujarat Science City by Government of Gujarat, the whole area has gained lot of mileage and falls in upscale category. Science City in area of 107 hectares is one of a kind in India. It is a science station with perfect blend of education and entertainment. It showcases contemporary and imaginative exhibits, minds on experiences, working models, virtual reality, activity corners, labs and live demonstrations to provide an understanding of science and technology to the common man.
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Trend Watch: Realty in Ahmedabad
imes have changed now and in favour of Non Resident Indians who can easily purchase a residential or commercial property in India. Recent trends have also indicated that buying a property in India not only acts as a 2nd home for temporary stay during visit to India, but also adds up to your investment portfolio to fetch you lofty returns. If you have bought a property in Ahmedabad during 2002-2006 periods, average rate of return in some areas has been more than 200 %. For Non Resident Gujaratis, Ahmedabad is usually their first choice. Along with being one of the prominent Indian cities, Ahmedabad has seen a recent surge with its boundaries crossing over 190 sq.kms. Several residential developments such as projects by Maruti Group are buildings with special emphasis for high end segments and NRIs. Celedron and Zenobia are two of such schemes by Maruti Group incorporated with serene and spacious residential condominiums equipped with amenities such as in-house coffee lounge, mini theatre, a community hall, gymnasium and home automation features etc. Despite being located in the heart of Ahmedabad, the residential projects are meticulously designed for occupants to enjoy 30,000 sq ft of central landscape. Besides, another peculiarity for the above two projects includes the commitment of civil services to design the vicinity with cityâ&#x20AC;&#x2122;s best infrastructure to encourage green surroundings.
Gujarat Samachar | Asian Voice | 2011
Hence, the above landmarks acts as an Oasis in Ahmedabad, connected with Heathrow Airport, reachable within 14 hours. The above type of residential condominiums become a better choice as otherwise (e.g. bungalow) one need to appoint a care taker for the property whereas in apartment system, there is a central maintenance agency. Besides, some of the unique features part of such schemes (e.g. Celedron or Zenobia in Bodakdev, Ahmedabad) is even not found in UK housing. Such is a case for host of townships being developed in and around Ahmedabad. Last but not least, NRIs are eligible for a housing loan and the norms of RBI greatly ease buying and sell of a property by NRIs across India. In some countries like US, you may also be eligible for a tax deduction for a loan instalment paid in India. In such a scenario with rising property prices and unstable foreign currency, investments in real estate is counted upon next best thing to Gold. Besides, when your investment is in your hometown, it will further brings you the benefits of 2nd home as well as intangible feeling of attaching with your roots that makes a difference for any Indian. Jignesh Shah, Director, Maruti Building Construction For further advice, please contact us at info@marutibuildcon.com or follow us on Facebook: http://www.facebook.com/Maruti.Group
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Vastu Shashtra points to be considered before purchasing flats or homes
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o own a house in the bullish market is a big problem. But after purchasing the house the question is whether the house will give you happiness or not. In such a situation if we practice Vastu Shastra in our decision then the matter could be solved easily. Luckily the Vastu Shastra awareness is spreading nowadays in our society so let’s discuss which are the important points that one should consider before buying a home. • First of all put a compass in the middle of the space and identify the exact directions. After that one should check the drainage line and proper surface of the land and the direction of the entrance of the plot or building. Whether there is any river, ditch, or over bridge or electrical pull or generator or sub stations, higher trees, or buildings – these points should be kept in mind. In fact how the land is situated should be properly checked . Then the person who is going to own the plot or building should verify which direction is ‘good’ for him, and accordingly choose the plot. A water tank around is very important for the plot, the direction of a lift and ladder is also important. • Other points to be kept in mind are - kitchen should be in south-east direction; entrance at eastern, western or south western direction; the ladder or the staircase should be in south or west direction ; toilets should be in west - south direction, master bedroom in south-west direction; drawing room should be in northwest direction; temple should be in north-east direction; children's rooms should be in east-west direction; moreover the middle space should remain empty. The elevation corner of the building should not be cut off or should not be there. If the north east end is longer than the other end then it is alright and good. There should not be any obstacles at the entrance. If the eastnorth side of the building or bungalow is higher than the south-west side, then that building or bungalow should not purchased. • Moreover how old that building is should be properly verified and if any accident or unwanted incidents had taken place in that place, then one should seek advice of Vastu consultant. The happiness of the person who is selling that building should be taken into consideration. An old building has a diminishing energy and positivity than the new one. At present even a small purchase also require a great deal of precaution and calculation. One should understand that a home is a place where one is going to spend www.abplgroup.com
his whole life. That is why one should take into consideration the important points of the Vastu so that one can be happy, healthy and wealthy and have peace and prosperity in his life and his entire family. The selection of plot and its Bipin Shah geographic importance Vastu Shashtra Consultant It is very important to decide on proper land and space before the construction of a house or building. A slop is desirable at eastern and northern side of the land. A river, pond or lake in eastnorth direction is good. There should not be any higher tree or high rise building at the east north direction of the plot because it create a hindrances for the sun rays. There should not be any huge well or ditch near the plot. Surrounding the plot at west-north direction if higher trees, building, hills and upward slopes or overbridge are there it is always advantageous because when the sun sets at western direction at that time the negative effect of the rays could be avoided. There should not be any hills or mountains at the eastern and northern side of the plot. There should not be an entrance of any temple just in front of the plot. The roads surrounding the plots should not be end near the plot. At the north-east side a water tank is good and advantageous but if it at south –east side is not good and should be avoided at a 50 to 60 feet distance from the plot. Any religious place is good and in between the road is desirable and not harmful. There should not be any loud music or lousy noise surrounding the plot. Any electric pole, or generator of electricity at the south-east side of the plot is much desirable and very advantageous but in the north-east side is much harmful. Uneven surface of the land or a crack bring snackes, mouse, black ants etc. If they are found in lare numbers then that land is not good. If any public toilets or water tank or government land is around the plot then that land is not desirable or proper. Plot should be square or rectangular in size and if the plot becomes narrow at the end, it is not proper to purchas. Here the direction of the plot is not very important. If a plot is becoming narrow, then it can be purchased with great caution and proper checking. A compass should be placed at the middle of the land and if you find a slop at east-north direction than it is very advantageous and good.
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fabric produced in the country whereas Umbergaon is a modern power looms cluster,
Gujarat is Perfect 10
Gujarat is the largest producer of cotton in the
1-Port In particular, Gujarat's maritime sector is considered
country with about 16% of land area of the state
to be the most proactive and well developed sectors of
occupied in cotton cultivation. Gujarat has the second
India. During the year 2010-11, ports handled about 231
largest decentralized powerlooms with a share of 25%
million tonnes of cargo, which accounted for 80 per
in the country. It has large number of looms (600,000)
cent of the total cargo handled by all the minor ports of
3000 garment processing units that contribute to about
India.Largest Sea shore, 1670 km.
33% of woven fabric in the country.
Kandla, one of
4-Pharma
biggest cargo port and Pipavav and Mundra as developing ports.Gujarat is credited with the largest
Prominence of Chemical/ Petrochemicals and
ship building/repairing in the world at Alang, near Bhav
Pharmaceutical sectors in the state of Gujarat is
Nagar. On an average, around 200 ships are broken
depicted by the whopping 60% share in production of
every year. The annual turnover of the industry is
the state\'s manufacturing sector (31% of the total
around INR 2000 Crore. This has also led to the
chemicals production in India is from Gujarat). Gujarat
development of other ancillary business including
is also home to many pharmaceutical companies (big
rerolling mills, oxygen plants, etc.
and small) and contributes 45% to the country\'s total production in Pharmaceuticals.
2-Gems and Jewellery Gujarat is the leading state in India in gems and jewellery sector, as it contributes to about 72% of the
5-Infrastructure
total exports of India. Gujarat has a well established
Right from the time of Sardar Vallabhbhai Patel, road
diamond industry. Gujarat accounts for about 80% of
infrastructure
has
been
given
priority.
diamonds processed and 90% of diamonds export from
government after that has taken efforts to develop to its
India. Surat has 65% share in India\'s diamond trade.
best. At this point of time, Gujarat has got world-class
3-Textile-
road
Ahmedabad is called â&#x20AC;&#x153;Manchesterâ&#x20AC;? in world.
lanes.Ahmedabad has got four ringroads and two in
Previously the industry was dying but it has revived now
processs. This type of infrastructure is in line with
and fast developing. Ahmedabad is third largest Denim
Shanghai.World Bank appreciated the fact that Gujarat
manufacturer in World.
has world class quality of roads with greenery on both
Surat is the largest 'Art Silk
with
six
sides.
Fabric' producing centre with over 40% of the art silk
www.abplgroup.com
development.Expresshighway
Every
36
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6-Connectivity
Gujaratis (NRGs) for medical treatment. Gujarat
Transportation with different options and each of
contributes 25 - 30 % of the total industry\'s revenue
them developed to its best. Six airports, twelve air strips
which is about Rs. 1,000 billion. About 6 million
and one world-class international airport.
Gujaratis are spread across the world constituting
7-Real estate
about 32% of the total 20.1 million people of Indian
As part of the global real estate property market
origin, who are located worldwide. The state medical
boom, Gujarat too is gearing up for welcoming the
professionals have achieved unrivalled standards of
change. By introducing world-class real estate
excellence i
infrastructure to the soil, many real estate companies
The Indian state of Gujarat has emerged as the
have made it an ideal place for living and organizing
fastest growing economy in the country. Ahmedabad is
profitable businesses. Gujarat has emerged as one of
the largest city in the state and was listed by Forbes in
the most sought after lucrative investment destinations
2010 as the third fastest growing city in the world. T
for property with commercial, residential, and retail
Located on the western coast of India, Gujarat is a
realty making rapid strides. The state has undergone a
leading industrial state with a unique combination of
paradigm shift and there has been a considerable
strategic
increase in number of buyers for Gujarat properties.
infrastructure, multilingual workforce and concentration
geographic
location,
state-of-the-art
8-Education
of corporate and financial resources.
Fom the time of Kasturbhai Lalbhai development of
World's largest producer of castor and cumin
some very good educational institutes have been active
• World's largest gas based single location sponge iron plant
in the state. IIM,NIFT,NID,MICA are the institues of
• World's largest producer of processed diamonds
world-class. And even universities like Nirma have been
• World's largest single location copper smelter at Dahej
established
• World's 3rd largest producer of denim
recently
IIT
has
been
started
in
• World's largest grass root petroleum refinery at
Gandhinagar. 9-Industrial
Jamnagar
A new era of industrial development in Gujarat's
• India's first LNG chemical port terminal at Hazira
petroleum and mineral sector will soon dawn with the
• Amul ranked world's top 21 largest dairy business by
state ranking first in crude oil production and third in
International Farm Comparison Network (IFCN)
mineral production, a senior official has said. 10-Medical Tourism President Mr Suresh Patel
Gujarat has started witnessing high influx of health tourist from all over the world especially Non Resident Gujarat Samachar | Asian Voice | 2011
37
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Dear Readers, Diwali is a month away. The New Year is knocking at the door waiting to bring in colours and light to our lives with fervour of joy and ever lasting happiness. Asian Voice and Gujarat Samachar as every year will be publishing the ‘Diwali Special’ Magazine for our fabulous and supportive readers like yourself. If you think you would like to contribute to our unique Diwali issue, why don't you write in English on either of the following topics: 1. One of your favourite childhood Diwali memories or 2. A particular charity you have supported in cash or kind or 3. Your first Diwali in the UK and how you spent it Please note that your articles must not be more than 500 words and should be emailed to Aveditorial along with your full name and contact details to aveditorial@abplgroup.com. Last day of entry is Sunday 9th October 2011. - Asian Voice
A big thanks to..... • • • • • • • • • • • • • • • •
• Royal Space • Surya group • Suraj Enterprise-Shilpan Regalia • Swastik investment • Shreenath Group • Shree Rang Infrastructure Pvt.Ltd. • Shreeji Developers • Sai Infra • Scarlet Heights • Sarjak Infrastructure • Sandesh Procon LLP • Silver Valley Bungalows • Shreenathji developers • Sankalp Organisers Pvt.Ltd. • Tanishk Property • Vedant Group
Angel Infra Bakeri group B.Nanji Enterprise Ltd. B.N.Projects Pvt.Ltd. Binori Infrastructure P.Ltd. Dharmdeep Developers Gotiz Infratech Pvt.ltd. Kailash Shikar KEYA REALTY - Crystal Group Krishna Realtors Karmabhumi Maruti Group M/s Sadhuram Sons-Satved Complex Nidhi Creation Paashrita Developers(Anandita) RadheKrishna Group
Asian Business Publications Ltd. UK AB Publications (I) Pvt. Ltd. Horizon Advertising & Marketing www.abplgroup.com
38
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T
Krishna Upavan
here is always a wish of every person that he owns something which he always dreams of. We have recently been to such place which was development of land keeping in mind to take care of all dreamed spaces of a common man. Generally plotting scheme means you have four marking in all four corners and simple demarcation of roads with grand presentations on paper. Instead we have seen plotting scheme at Sanand nal sarovar road which was developed in lap of nature,beautifully designed and a cool green place where you find peace of mind,you can discover your self, entertain your self relax in natural environment with fantastic future growth of your money and life-style. “Krishna Upvan” yes this is the place we are talking about they have developed the plotting scheme as Upvan, planted around 42000 trees, lush green spaces, gardens,etc. All plots are also finished with 5 ft high compound wall, gate & water connection. Even all the legal aspects such as N.A,N.O.C, title clear plan pass and main immediate dastavej of property are clear and immediately done on your name. To own a plot in such well designed scheme is matter of proud, place for your week-ends to relax and planting your future in safe hands. While talking to owner of the scheme who is an
Gujarat Samachar | Asian Voice | 2011
ARCHITECT too. Actual Site Photograph Said that they h a v e approached basic needs of people in very polite way given all the facilities of week ends not only luxary, Given all legal requirements readypossetion and immediate dastavej with fully functioning club-house with a.c. Res.Rooms, Home theator, Sports room, Caffetaria, Family gathering hall & lots of designed corners and allocated spaces to enjoy, gazibo childrens play-station, rabbit house & many family sitting zulas. The basic but main thing is this is secondhouse, week-end scheme so they believe that for a person who is making investment is not the end of his serch but that is beginning of their future growth end life style. One can approach this scheme “Krishna Upvan” located at Sanand nal-Sarovar Road, by web site www.krishnaupavan.com or by mail tushar_amin19@yahoo.com, can call on 098240 13436 Ar.Tushar Amin. It will be a wonderful experience to know about such scheme and become part of this with future growth.
39
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Dharmendra Thakkar Vedant Group
Your house reflects “what you actually are”
E
very house has a a personality of its own. And that is a reflection of the people living in it. Your house is what you actually are. Your house is your reflection, it is a mirror that shows your image in form of bricks, wall, paint and aesthetics. And in return house again reflects back. It makes you what you actually want to be. The effect of environment on ourselves is maximum. So it’s a vivacious circle. It’s the living which affects our conduct in life. The vibrant, positive, soothing and comfortable living keeps us happy and increases our efficiency at work. Design is in everything we make, but it's also between those things. It's a mix of craft, science, storytelling, propaganda, and philosophy.” Erik Adigard. How rightly said, www.abplgroup.com
Indian homes and designs are not just about furniture’s and colors, they use history, spirituality, story, science, Indian philosophy and its arts and crafts to decorate and design their homes.
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With one of the fastest growing economies in the world, clocked at a growth rate of 8.3% in 2010, India is fast on its way to becoming a large and globally important consumer economy. The Indian middle class, estimated to be 50 million people, is going through a drastic changes in lifestyle. Day by day the standard of living is on rise, Indians and specially Gujaratis have started believing in living life in style and grace. When a good house and residential facilities comes first on the list. And nowadays one cannot even think about a house without good interiors. House means package of perfect blend of good architecture and matching interiors. In fact, in the last 10 years, the phenomenal rise of the entity on the interior is seen.. Perfect reproduction of a modern architectural and designer interior with floor plans,ceilings,wall paint,furnishing-fittings,
of textiles and designs that are hand loomed, dyed with vegetable dyes, block prints, embroidery, mirror works and batik prints. These fabrics can be extensively used for the bedroom linens, curtains, pillow cases, cushions and table tops It is very common to find Buddhist and Hindu styles of decoration and symbolism in interior design ideas for Indian homes. Because of the varying four seasons through out the length and breadth of the country, a lot of interior design ideas for Indian homes differs, as in the northern part you will find a lot of use of carpets and rugs, in the eastern part a lot of wooden and bamboo material is used, the western has desert area and hence a lot of earthen elements are used and in the south because of heat simple cooling elements are preferred for home interiors. Then there is the mughal style of decorating the interiors that inculcates a lot of calligraphy, marble work and mughal style crafts and arts. No wonder Indian theme interiors are so popular in various parts of the world. When it comes to variety, colors, fabrics, designs and artifacts for interior design ideas for Indian homes, the sky is the limit. Earthen pots, jars, urns and terracotta artifacts have a special place in the corners of the interiors of the homes. The fabrics used have intricate embroidery, mirror work, beads, gems and stones, block prints, and delicate hand-woven fabrics and patterns. The interior design ideas for homes in Gujarat specially Ahmedabad have certain common blueprint to it.
lightings,artefacts and lot more of style element to it. If you are sober kind of person, you ought to go for simple, light coloured and less complicated interiors. But being extrovert, outgoing and vivacious person, you will not mind bold and colourful designs. Traditional lovers will settle for the interiors with antique look while ultramodern will experiment on new concepts. Your house speaks volumes about you. Of lately what is seen in Gujarat is mostly designers and residents prefer contemporary style. Home interiors designs for Indian homes however luxurious and exotic it might be, it always has a cultural and warm feel to it. . India has a rich heritage Gujarat Samachar | Asian Voice | 2011
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Connect with nature: Green Home
Green Hyderabad industries Limited (HIL) 37 Ă&#x2014; 393 recently rolled.
I
n era of urbanization, too much of commercialization is dominating our life. With the race we have almost lost the touch of nature, and have forgotten the essence of becoming environment friendly. We boast of generating harmony in the house, but it only starts if we were green enough while constructing. Itâ&#x20AC;&#x2122;s our duty to our earth to use its natural resources in such a way that is not harmful to the environment. Energy produced should not be used in whatever way we like. Using it sensibly that not only saves energy but makes it double. Of late, Gujarat is getting green in construction.Green architecture or sustainable design is the philosophy of designing a building that is in harmony with the natural features and resources surrounding the site. Green building is a design process that grows out of a connection with the natural landscape. It is a set of informed decisions that considers the site and materials to reduce the cost, maintenance, and energy usage of the home. Conservation is central to the green building approach. Green homes are healthier, safer, more comfortable, and cost less to operate. They connect people to the land and community around them. A green building is one which uses less water, optimises energy efficiency, conserves natural resources, generates less waste and provides healthier spaces for occupants, as compared to a conventional building. www.abplgroup.com
Indian real estate and architectural firms have begun working on green buildings, in a tiny but rapidly growing segment of the industry that's seen an average 45% growth per annum over the past five years. Using environment-friendly technologies in some of its structures, including water harvesting and reuse, solar energy generation, use of non-toxic biodegradable materials and the use of Compact fluorescent lamp (CFL) light fittings. A gas-based power generation system as an integrated part of one of its projects. Waste heat is used for air-conditioning, so saving about 25% of power usage. To switch its street lighting system to CFLs in townships and is expecting to save between 15 and 20 watts per street light. Other green investments include water and sewerage treatment plants, solid waste management, rainwater harvesting and solar-powered street lighting. Green shoots rising: Green construction accounts for about a third of new projects and the Indian Green Building Council (IGBC) saw the trend starting from 2001. There are now around 315 green or sustainablyconstructed buildings in India, including 250 commercial buildings. Investment in green buildings could touch US$400 million by 2010. Now, municipal corporations are looking at incentives to convert commercial and housing projects
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for sustainable building construction, aimed at boosting the use of solar energy, in particular conservation of water resources and rainwater harvesting. Banks such as the State Bank of India offer lower rates of interest and charges on loans taken by developers and owners for building and buying green homes. Government building construction agencies have included green building materials in their schedules of specifications.
buildings firm like Burthill have made entry in the Indian market. Green building guidelines: Reduce up to 70% of your total household energy needs by means of simple design principles that reduce lighting, heating and cooling needs. This is known as passive solar design.
Developing green building materials: While India is on the way to becoming a genuine green building market, there is still a dearth of building materials needed for these structures. Green materials: Such as flyash cement, flyash blocks, recycled aluminium, recycled s t e e l , recycled tiles, low VOC paints, bamboob a s e d products and HFCbased high efficiency chillers are the kind of materials available, but many important constituents are not. These include products such as composting toilets, waterless urinals, low VOC adhesives and sealants, certified carpets, certified woods and high albedo roof paints. The GBC estimates that by year or too, the Indian market for green building materials could be worth around US$4 billion.
Orientate the longest side of your house to face north for light and sunshine. As the northern side of your house receives the most sun, the roof overhang should be longer (at least 40 cm
to 60 cm) in length. Windows will be shaded in summer when the sun is high, while allowing the sunâ&#x20AC;&#x2122;s rays through the windows in winter when the angle of the sun is low. Window shutters, awnings or screens shade rooms by keeping the hot sun rays out during summer. A skylight in the roof allows natural light into the house on sunny days and eliminates the use of artificial lighting. Make sure that the sloping glass of the skylight faces north. Natural materials (stone, timber, thatch and clay), often obtained locally, are most suited to keeping the home cool in summer and warm in winter. Mud bricks are an excellent source of insulation. Floors made out of brick or concrete maintain
International tie-up: The Indian green construction movement is in a nascent stage, so technical knowledge is not easily available. This is one of the reasons for the importance of international architects and institutes in the Indian market. International green Gujarat Samachar | Asian Voice | 2011
43
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Install efficient heating, ventilating and air conditioning (HVAC) systems if required and ensure they are efficiently used. Be sure to shade the air conditioning unit outside with a tree for example. Install a solar water heater – these are relatively
comfortable temperatures in your house as they are good at absorbing heat during the day and releasing this slowly at night. These floors should not be covered with carpets as a concrete floor absorbs more heat than a floor covered by carpeting. Heat loss is ten times faster through glass windows than through insulated walls, so open the curtains during the day (let in the natural light and heat) and close them at night (keeps in the heat). Grow a deciduous creeper or tree over a veranda or
expensive but result in substantial savings on your electricity bill (water heating is the biggest part of most household’s electricity use profile). Install solar (photovoltaic) panels on the roof to provide electricity to run low consumption appliances such as the TV, radio, lights and fridge. Install energy efficient light bulbs (CFLs) throughout the house. These are usually more expensive than conventional incandescent light bulbs, but have a much longer life-span and use far less electricity. They pay themselves back in a few months and are a very sound environmental choice. Used water or ‘grey water’ from sinks, baths and showers can be directed to water the garden. Rain water can be harvested from the roof and stored, or channelled to the garden. Eco-friendly building materials can be used, including reclaimed wood, recycled/ composite plastic, non-toxic ecosensitive paints. C o n s i d e r switching to green electricity. Green electricity is generated from renewable sources such as wind, solar and wave power.
yard. During summer, these leafy plants shade your house. When the leaves are lost during autumn, the bare tree lets the rays into the house (through the windows) during the colder months. Plant trees on the south, east and/or west of your home to provide shade during summer. A tin roof loses a lot of heat during the winter and gets very hot in summer. Insulate the roof and paint it white (reflects light and is therefore cooler) or use aluminium or other roofing materials. A ceiling and insulation in a small house can reduce your energy requirements by as much as 124 kWh a month – saving roughly R50,00/month. Install ceiling insulation fibre to keep your house cool in summer (reduces warm air conduction) and warm in winter (regulates the temperature of rooms and prevents heat loss). Ensure suitable ventilation for fresh air and cool breezes - rooms can be ventilated using airbricks, forced ventilation or by opening windows. www.abplgroup.com
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Niraj Bhimjiyani +91 9825755580 Amit Bhimjiyani +91 9879180500 Email: niraj_eng@yahoo.com Web: www.silvervalleybungalows.com
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Sankalp Grace
Sankalp Grace2
4 BHK Luxurious Apartments B/h. Rajpath Club, Off. S.G. Highway, Ahmedabad. Units: 24, Area : 3500 Sq.ft. Architect : Apurva Amin
4 BHK Modern Homes Opp. Ashok Vatika, Nr. Sentosa Park, Ambli Road, Ahmedabad. Units: 18, Area: 3450 & 3500 Sq.ft. Architect: Apurva Amin
Sankalp Serenity
Sankalp Sandipani
3 BHK Premium Apartments B/h. Sindhu Bhuvan, Off. S.G. Highway, Ahmedabad. Units: 60, Area: 2100 Sq.ft. Architect: Apurva Amin
2&3 BHK Apartments Opp. Gandhi Ashram, Nr. RTO Circle, Ahmedabad. Units: 40, Area: 135 Sq.Yds. (2BHK), 201 Sq.Yds. (3BHK), Architect: Palcekinesis Associates
Corporate Office: Sankalp Square, Drive In Road, Ahmedabad - 52, Gujarat. Ph.: +91 079-40710000 / 24 Mob. 9925767000, 9825017433. E-mail: info@sankalporganisers.com Web: www.sankalporganisers.com
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