Nikoo Homes, Bhartiya City – Township Redefined

I recently had the opportunity to visit the most talked about real estate project in Bangalore– Bhartiya city, and was thrilled to learn that when they say Bhartiya city is a city in itself, they mean it, word to word.  This on-going project is one of a kind in Bangalore, constantly raising the bar high as the city waits with bated breath to see it come alive. As I drove through the project site, admiring the landscape, I could not help but notice that a lot of construction work needs to be completed for the project to look like it did in the brochure, so, I headed down to their Discovery centre (also the sales office) to dig more information regarding the timeline.Turns out, this city within a city spans over a whopping 125 acres and has 8 districts in all, each covering a certain aspect of urban living. Districts …

Prestige Misty Waters – Experience Nature At Hebbal

Massive urbanization, increase in vehicular pollution and rapidly diminishing green cover in cities has left the urban dweller longing for serenity and a breath of fresh air. With hectic lifestyle, crammed living, and long commutes to work raising serious health concerns, there has been a significant rise in the number of people moving from the cities to the calm of the suburbs. The demand for properties having ample greenery around is increasing like never before and with a little strategy in place, builders are making this their USP (Unique Selling Point). Prestige Misty Waters is one such project in Bangalore, situated just off the outer ring road, in one of the most  convenient locations within Hebbal. A little about The Prestige Group The Prestige group is based in Bangalore and the city is dotted with their numerous, well-crafted, landmark residential and commercial buildings; they are the people behind Bangalore’s first …

Your Weekly Munch – Budget And Indian Real Estate (March 4, 2016)

Hi, The highlight of this week was Union Budget 2016. The debate rages on as to the real motivation behind a rural centric budget with urban overtones. Instead of being just another one critically analysing the third budget by the NDA government we focus on what it had for the real estate sector. http://Propstory.com/real-estate-content/union-budget-2016-5-developments-that-bring-cheer-to-real-estate-sector/ We began coverage of Bangalore market this week and were at Hebbal to look at House of Hiranandani’s offering there – http://Propstory.com/real-estate-content/hiranandani-hebbal-mumbai-landmarks-come-to-bangalore/ In ongoing coverage of Vikhroli East we take a closer look at Godrej Platinum towers and how Godrej is dominating this suburban market – http://Propstory.com/real-estate-content/godrej-platinum-vikhroli-changing-skyline-of-mumbais-industrial-corner/ Rajesh LifeSpaces launched Raj Torres at Thane in February 2016. The project was launched along with an impressive finance scheme. We take a look at the offering – http://Propstory.com/real-estate-content/raj-torres-ghodbunder-road-experience-practical-living-at-thane/ From Hyderabad we look at the exclusive amenities at the premier residences of Botanika project –http://propstory.com/real-estate-content/botanika-gachibowli-a-whole-gamut-of-amenities-for-chosen-few/ . PBEL City, Hyderabad is a 14 tower …

Breezing Past The Powai Valley – An Education, Entrepreneurship and Networking Hub

In the monsoon month of July 1999 my parents and I visited Mumbai for the first time. The occasion was my enrollment at the prestigious IIT-Bombay. I wore new clothes and was all charged up when we landed at Mumbai only to be greeted by a heavy downpour. Rains like this one were new to me.  It felt as if we landed during middle of the night while the clock said it was just 12 pm. As we drove towards IIT the rain seemed to gather additional momentum and lights were dimming further. Though my confidence only soared with each passing hour. Within no time it was time for lunch at the hostel and reality was quick to catch up to us, welcome to the hostel life at IIT! The very next morning crickets, grasshoppers and a solitary snake greeted us. It is said and I came to believe during …

Is the slowdown linked to local issues or Lehman (global recession)? (1)

“It has been observed that any slowdown in the real estate sector is attributed to factors external to the sector and rarely do the real estate companies own up to their excesses. Anand Reddy, Co-Founder PBEL-INCOR, a fast emerging real estate and healthcare group, captures his thoughts in this exclusive two part series, originally written in 2010,  while reflecting on his own course as promoter of PBEL City, an apart

The Regional Flavour In Real Estate

Real Estate business is highly fragmented and over time companies and consumers both have realised that the idea of a national real estate company is difficult to achieve in India. Let us list down a few issues we realised exist and can’t be ignored –