Tulip Infratech adds another feather to its cap, launches Tulip Violet at Gurgaon

Gurgaon, one of the most happening real estate destinations in the country, is witnessing the launch of yet another project. This one is by Tulip Infratech Pvt. Ltd and is located at Sector 69. Titled ‘Tulip Violet’, it is a residential project that is expected to provide numerous amenities for a peaceful living. Being located on the Sohna Road and very close to the IGI Airport in Delhi, it is expected to attract a lot of interest from buyers across the country.

Tulip Violet at Gurgaon

The basic plan consists of 3 and 4 BHK apartments, which are to be housed in four floors excluding the ground floor, with areas ranging from 1578 sq ft to 2010 sq ft. The well-ventilated rooms, separate spaces for wardrobes and electronic items and wide doors & windows will surely provide you an experience of a lifetime.

The other amenities include the provision of a dedicated car parking that includes both covered and uncovered, a swimming pool, walkways lined with trees, a temple and fenced parapets around the building. 24/7 facilities include power, security and water supply. 

The prices are also in sync with the current market trends in the area. The base price for the apartments starts at Rs. 6500 per sq ft. However, any preference for floor and orientation of the apartment will be an added price to this base rate.

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Pappas Prakash Enclave Perumbakkam,Chennai

Location: Perumbakkam,Chennai Price: Starting from 45 lakhs Prakash Enclave - Pappas foundation is coming up with a new affordable range of apartments at Perumbakam, Chennai. The video shows the building where many of the floors and the exterior are visibly under various stages of construction.

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Navalur: An IT and Real Estate Hub

Nestled between Siruseri and Sholinganallur, Navalur has created a niche for itself as an IT corridor and ranks second amongst the top IT locations. After the advent of IT and ITES companies and the development of the Old Mahabalipuram Road (OMR), this locality has been a sought- after  area for Navalur real estate. This suburb is located around 24 kms south of the city and comes under the Thiruporur Taluk.

Connectivity is not a problem as such, as Navalur has its own railway station linking it with other parts of the State. The other modes of transport within the city are buses and share autos. Residents who want to commute to other parts of Chennai can travel in buses via Navalur to places like T.Nagar, Saidapet, Broadway, Ambattur and CMBT.

This IT hub has come into the limelight, because of the presence of large software majors like Cognizant Technology, HCL Technologies, IBM, Polaris, Nokia and Hexaware and other ITES companies that are rushing to set up their base here. Also, builders have come up with IT Tech Parks such as ETA Ascon-ETA Tech Park, Alpha City–SSPDL and Pacifica Techpark. The capital value of commercial properties in this locality ranges between Rs 6 to 40 crores.

The speedy development of Navalur is an example of how MNCs can shape and develop small and quiet areas into a real estate hub. As MNC employees are looking out for Navalur apartments for end use and plots for investment purposes, builders are coming up with a good number of housing projects.

Apart from this, the locality boasts of reputed international schools and colleges in and around the area, like the Hiranandani Upscale School (HUS), Lalaji Memorial Omega International School, Padma Seshadri Bala Bhavan Millennium School, Padma Seshadri Bala Bhavan, Gateway American International School, Maharishi Vidya Mandir and Sushil Hari International Residential School.  Colleges like S Narayanaswami Arts and College, Agni College of Technology, Sri Venkateswara Dental College & Hospital and Mohammed Sathak AJ College of Engineering. One can also find famous hospitals like the Lifeline Hospital, Apollo Hospital etc

The prominent builders in Navalur are Casa Grande, SSPDL Limited, VIP Housing and Properties, Evocon Private Limited, Jain Housing and Construction and Artha Property. Some builders provide state of the art amenities like a gymnasium, tennis court, library, Wi-Fi, intercom and 24 hr power back up among others.

Currently, people are looking for 2BHK apartments for sale as well as rent, as the population in this locality is from IT companies. With realty prices risinggoing up, a 2 BHK flat in Navalur costs around Rs. 50 Lakhs to Rs. 74 lakhs.

The average value for flats for sale in Navalur is Rs. 4598 per square feet and the rent will cost around Rs.14 per square feet. According to experts flats purchased for 75 lakhs could soon be worth Rs. 1 crores in a few years, with the tremendous increase in ROI q – o –qq-o-q (quarter on quarter) .

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Zeus Residency, Sion(East), Mumbai

Zeus Housing and Construction Ltd have unveiled a new 40 storey premier luxury residential apartment in the heart of Mumbai City. Located at Sion, the Zeus Residency is going to be a new landmark in the Mumbai skyline. Supreme quality and elegant design has been the hallmark of the construction. With the use of best possible materials, the apartments make for world class living. Adherence to vaastu has also been implemented to hold onto Indian traditional values. The complex will have two and three BHK apartments. The two BHKs come in two varieties according to the area – 1000 sq ft and 1175 sq ft. The cost for these is Rs 1.60 crore and Rs 1.88 crore respectively. There is also the three BHK flat which covers an area of 1500 sq ft. The cost has been tentatively pegged at Rs 2.40 crore. The location of the apartments is just a few minutes away from Sion Staton, GTB Nagar and Kings Circle. The locality is one with a number of schools, colleges, restaurants, malls and healthcare institutions. It is considered one of the best places to live in Mumbai. Lower Parel and Bandra Kurla Complex are also situated nearby. Connectivity with both the National and International Airport are also good.

All the latest facilities and amenities have been provided for the residents here. Multi level car parking, gymnasium, swimming pool and a fire fighting system are some of the more pertinent ones. Apart from this there are a host of others like Rain Water Harvesting, Water Recycling, round the clock security and power generators to name a few. Overall it is a great apartment complex in a great locality – which can only lead to a great investment.

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Best Localities in Vadodara

Vadodara, also known as Baroda, is the third biggest and most inhabited city in Gujarat. This city is located on the banks of Vishwamitri River and is just 139 km away from Gandhinagar, the state capital of Gujarat. Known as the cultural capital of Gujarat, the infrastructure growth in the city is in upswing and the people are witnessing a steady rise in the residential and commercial properties in Vadodara.

This city is emerging as a destination for real estate as it will soon be having the biggest IT parks. Being one among the cosmopolitan cities, the residential and retail sector is also improving with more and more demand for flats in Vadodara. The city comes under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and hence witnessing significant infrastructure development projects in Vadodara such as:

•     construction of SEZ where many multinational companies will start operations
•     the new expressways to enhance connectivity within city as well as to adjacent cities, as well as improvement in roads
•     flyovers, power water and other civic amenities

Newly constructed Ahmedabad-Vadodara Expressway in the northern side of Vadodara has reduced travel time and the traffic congestion. Another expressway from Vadodara to Mumbai is proposed, that will improve the connectivity to Mumbai from Vadodara. Then there is the Ajmer road on the east of Vadodara that connects to Surat, the textile city of Gujarat. The developments along these road networks are making Vadodara a junction point and therefore the builders in Vadodara are looking for properties in Vadodara for constructing apartments. Here is a quick look on some of the localities in Vadodara.

Gowra: Gowra is a mix of residential and commercial properties and is witnessing price rise in property in Gowra by 8-12 percent every year. Resident of flats of Gowra is finding it easy to commute as one can find Vadodara, Goya Gate and Vishvamitri railway stations in close proximity. The other reasons for real estate growth here is the Gowra Lake, which lies in the centre of the city and the upcoming Vadodara-Surat National Highway which is likely to be ready by the end of 2013. Therefore, it is budding residential and commercial locality with increasing price trend.
Price trend: Return on Investment is witnessing an increase of 31% q-o-q. The highest, lowest and the average locality price is Rs. 4,600 per square foot and this is encouraging one to invest in projects in Gowra.

Gotri: Gotri has suddenly become a prime investment destination due to the rapid expansion of the city. One can find the best residential flats for sale in Gotri with ultra-modern facilities and amenities. Gotri is famous for Nisargopachar Kendra at Vinoba Ashram, Gujarat Medical Education and Research Society and for the Island named Yoginagar Township. Basic amenities like water and electricity is supplied by Vadodara Municipal Corporation and Gujarat Electricity Board respectively. Proximity to bus stand, railway station and airport is creating demand for Property in Gotri.
Price trends: The return on investment is witnessing a hike of 10% q-o-q. The prices are for apartments in Gotri are:

Highest locality price: Rs. 2,600 per square foot
Lowest locality price is Rs. 2,400 per square foot
Average locality price is Rs. 2,500 per square foot.
The average price for plots in Gotri is Rs. 16,352 per square yard.

Waghodia Road: Industrial boom in Waghodia road has changed the face of this locality and created demand for Waghodia Road properties. Major companies Suzlon like Larsen and Turbo (L&T) have come up with their knowledge parks in Waghodia Road. Apart from these, other companies in this locality are, CSI Software, Ocean Comp Technologies, etc. Professionals working in these companies are looking for investment in flats in Waghodia Road as well as in plots in Waghodia Road.
Price trend: The return on investment is witnessing a hike of 47% year on year. The prices are:

Highest locality price: Rs. 5,721 per square foot
Lowest locality price: Rs. 3,344 per square foot
Average locality price: Rs. 4,533 per square foot.
The rental rate is Rs. 9 per square foot.

Manjalpur: Manjalpur is a developed area in Vadodara with good infrastructures, shopping malls and residential complexes and is a good investment option for home buyers. Situated next to Gujarat Industrial and Development Corporation (G.I.D.C) belt, this place is encouraging real estate development and demand for property in Vadodara, Manjalpur. Having the best hospitals like Baroda Global and Spandan and Manjalpur flyover near Lalbaug that connects Manjalpur to Rajmahel road and from Pratap Nagar to Viswamitri bridge is adding to the real estate demand. Other than this one can find goods schools and colleges like Shreyas Vidyalaya, Vidyakunj High School, Don Bosco High School, Bharatiya Vidhya Bhavan, etc. in this locality.

Price trends: The return on investment is witnessing a hike of 8% when compared to the year 2012. The prices for flats in Manjalpur are:

Highest locality price: Rs. 3,889 per square foot
Lowest locality price: Rs. 2,877 per square foot
Average locality price: Rs. 3,383 per square foot.

Sama-Savli road: Sama-Savli road is a fast developing residential location and is located just 2 km away from Sama and Karelibuag. The prestigious Ahmedabad-Vadodar Expressway is just minutes away and the Sama-Savli road is surrounded by IT Parks and Industrial belts. Good schools like Ambe Vidyalaya, Delhi Public School, etc. are located at a stone’s throw distance, thus providing relief to the residents of flats of Sama-Savli road.

Price trends: Returns on Investment in this area are witnessing a decrease of 2% q-o-q. The prices are:

Highest locality price: Rs. 2,300 per square foot.
Lowest locality price: Rs. 2,200 per square foot.
Average locality price: Rs. 2,300 per square foot.

Witnessing the current price trend in Vadodara, one can invest in real estate projects like villas, bungalows, high-rise apartments, and low-rise townships, as the prices are quite favorable and affordable.

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Constructing a high-rise building

A high-rise building is a tall building or structure used as a residential or office building. The possibility of high-rise buildings have escalated with the invention of the elevator or lift and with good and stable building materials. The materials which are used for the building construction of high-rise buildings are toughened concrete and steel and new construction technology.

A high-rise construction is generally opted for densely populated cities or urban areas. Constructions of high-rise buildings provide the comfortable living standard for the people and also help in the development of the cities. These buildings are 35 metres or greater in height, which is distributed at regular intervals into occupiable levels. Construction of large structure must be based on solid ground, and fabricated along its full height through a construction management plan.

India may be far behind when it comes to high-rise buildings; however it is making a slow but steady way up with a number of towering structures that are being built and planned for several cities.

Best Method of constructing a high-rise building

Construction: The base of any good construction depends on the design of the tall building, the designer should have an eye for detail, should know the basic concepts should also know the methods of constructing high-rise buildings when he initiates the planning process for Construciton.

Foundation System:

Mat or Raft Foundation: The mat foundation is one large continuous footing upon which the building rests and it also provides a uniform dig depth. The system is used when the soil behavior capacity is low. Mat foundation may be useful when a concentration of high soil pressure must be distributed over the whole building area, when compressible strata are positioned at a thin depth, when small soft soil areas must be bridged so that settlement will be reduced, when differential settlement of uneven soils must be minimized, since individual footings would create unequal settlement, or when pressure of groundwater and uplift must be controlled.

Floating or Compensated Mat Foundation:

When tall buildings are constructed on weak soils of very thick deposits of soft materials, such as compressible clay the fully compensated mat foundation is often used.

Deep Foundations: Deep foundations are used when sufficient soil competence is not available close to the surface and loads must be moved to firm layers significantly below the ground surface. Pile foundation and pier foundation are two methods in deep foundation.

The choice of a foundation system depends on the structural design of the building, that is, the location, magnitude, and kind of forces to be transmitted to the ground, and also on the subsurface circumstances, the behavior capacity and settlement uniqueness of the soil, as well as the groundwater conditions.

Water Proofing Treatment for Basement

Lot of problem is faced when there is an entry of outside water; rise in water level, leakage from side structure including leakage in pipe and sewer line etc. Proper care is to be taken for such problems as they may cause danger to the building by following proper construction technique. They are:

•    Interior wall and floor sealers
•    Interior water drainage
•    Exterior drainage combined with waterproofing coatings

Other basic components of high-rise buildings are:

Concrete column: Concrete columns and shear walls are critical to the stability of the structure. The main use of column is to transfer the load above to the foundations and is used to resist lateral and vertical forces when constructing.

Wall: Builders also use dry wall techniques and pre-fabricated techniques to carry out difficult designs and high end constructions. Nowadays, ready mixed concrete is available to maintain a similar quality of concrete for a whole building when constructing wall.

Concrete slab: Using concrete slabs has several advantages; it provides strength, stiffness, air-sound insulation, fire resistance and adjustability to the high-rise buildings.

Beams: Beams are principally horizontal columns on which floor slabs rest and these beams are coupled to columns for additional load transfers.

Safety is an important aspect of high-rise buildings. Fire and earthquakes can strike anywhere without a word of warning, which can cause considerable damage to life and property. Hence, when constructing a high-rise building, a combination of reinforced steel, concrete and other light weight materials should be used to help the building gain its composure after vibration from a strong earthquake. Moreover, the use of fortified concrete reduces the risk of collapsing building.

Some of the high-rise buildings in India

1.    Imperial Tower 1, Mumbai
2.    Kohinoor Square, Mumbai
3.    The Ruby, Mumbai
4.    Lodha Bellazza 3, Hyderabad
5.    World Trade Center, Bangaluru

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THE ART OF REAL ESTATE NEGOTIATION

Negotiation is believed to be an 'all or nothing' process - that is, there has to be one winner and one loser. The goal of negotiation is to achieve in the end what you want, the best deal. Negotiation is an art and the extent of victory mostly depends on the negotiator's knowledge, competence and application of various strategies, skills, and tactics. Negotiation is the key factor in getting the best deal in real estate.
In real estate, the buyers have the most success negotiating with a motivated seller. Sellers can be forced to put the home for sale for several reasons:

1.  moving out to another city
2.  a job loss and looking to avoid foreclosure
3.  house is an unwanted inheritance
4.  rate of interest increased and can't afford

Therefore, the most important step in negotiations is to find the ‘why’ factor. Why is one looking out to sell a property and the consequences if they are unable to sell?
Although one can spend his or her entire lifetime trying to learn the art of negotiation, learning a few key negotiation strategies in real estate can put one far ahead of most of the competition, and can help plot a course of action, when up against an unmotivated seller, a savvy buyer or a head-strong contractor.

Let’s look at some simple step in real estate dealing, which can be used to achieve success in a negotiation:

Get prepared - Before beginning any negotiation, it’s essential to be informed about the concerned property on sale. One has to do their homework. The more information one has about the property, the more easily the negotiation can be handled. Information like, nearby localities, prices of the similar kind of property in that locality, what are the basic amenities and how is it? Is there any new real estate company who is selling similar kind of property? Is there any items necessary to discount value from the seller or an added value to the buyer?

Start listening - Active listening and maintaining silence is the most important art of negotiation in real estate transactions. It’s important to know what the other party has to say, try to perceive the body language like, closed palms, crossed legs, lack of eye contact while the other real estate agent or party is doing the talk. Sometime it may happen that one can strike gold or discounted value for a home when he or she listens carefully to the other person.

Disagreements - Generally the disagreement between the two parties will be over the value of the home for sale, the amount of repairs, or the length of time needed for the transaction to occur. When 'arguing', it is important to stay objective. It is important not to take it personal. Skilled negotiators always use an accommodating approach in dealing with people. They understand that one can win an argument most times- but lose a sale every time. It is better to abstain from disagreements and be flexible with clients to achieve the desired goal.

Provide signals - It’s always better to specify readiness to work together. Important point is that one finds the common attributes one have with the other person across the table, and builds negotiation on it. Listen to words or phrases that leave uncertainty and may signal that a party is open to a given proposal. Words such as 'can', 'possibly', 'perhaps', 'maybe' or 'acceptable' provide signal for giving proposal.

It is important to note in negotiation, whether buying or selling, that if one is not able to get the agreed price, at least he or she can get the term agreed for sale or purchase. For instance, the seller reducing the price to 20% is a sacrifice or if you are acquiring extra time to pay the money is an advantage. However, it is important that both the parties are willing to make some adjustment to achieve the desired result.

Complete the deal - Make sure that both parties be informed of the deal and are in agreement. Write the minutes of the meeting and close the deal by getting the other party’s signature on it and close the deal.

Negotiators need to be patient, informed and flexible and they should listen attentively to their clients’ requirements because these factors make them effective skilled negotiators.

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