With the express growth of commercial sectors, especially IT and ITES industries, the twin city Noida and Greater Noida are thriving as a realty sector of Delhi NCR. The city becomes a popular destination for an investment ranging from residential to commercial real estate market. Hence, the builders in Noida and Greater Noida are developing residential and commercial properties with world-class entities and innovative infrastructure.
Various builders are coming up with the concept of residential to studio apartments, township projects, shopping malls and corporate business parks. The twin city is a bit inexpensive than rest of NCR and capital. The prices of property are also affordable as compared with other regions hence, buyers and investors prefer the city for realty investment.
The online directory or the list is available to search for suitable property with affordability. Builders are coming up with various townships, residential and commercial projects with eco-friendly concepts. The projects are constructed with lots of open space, lush greenery, magnificent sun-rays and fresh breeze.
The realty projects in twin city tenders world class amenities such as two- level basement parking, children’s park, gym, spa, CCTV surveillance, power backup, intercom facility, individual R. O. unit, modular kitchen and many more.
The kitchen in the urban Indian home is no longer the domain of the cook or the servant alone. With evolving family norms like working couples who prefer to rustle up their own meals and men working from home, kitchen set-up and decor are increasingly occupying a significant place in the field of interior decoration as the kitchen is no longer regarded as a space used merely to cook food but an intimate family space that must necessarily appear inviting and yet be useful and functional.
Formerly a kitchen was supposed to look dull and somber with stainless steel cabinets and fittings. Nowadays however, these are increasingly giving way to warmer metal tones as brass and copper. Even Iron and similar tones are becoming popular.
For smaller kitchens in city apartments, small, compact corner sinks are fast gaining popularity. This is not just a wonderful way to utilize that unused corner in the sink, it is also considered cute and chic.
Wooden accessories including wooden cabinets and counters can transform an ordinary kitchen into one of the sleekest, most elegant spaces in the house. More and more people prefer to accessorize their kitchen with simple yet superb wooden items.
Colorful splash-backs are in this season! Many interior designers and home owners are now choosing to decorate the kitchen with bright, vibrant colors and unleash excitement in the kitchen. Pretty iridescent tiles, marble slabs with interesting patterns and colorful latticed cabinets have become quite a rage with people who regard the kitchen as something more than a place to cook and store.
Kitchen lighting is no longer confined to boring bulbs and overhead lights. With regard to exposed lighting, the artistically inclined are increasingly veering towards light fixtures that are showpieces and marvels in themselves. On the other hand, layered lighting and lighting in hidden spots under shelves and cupboards are also catching the fancy of those with more subtle and understated tastes.
Countertops using black granite or quartz breathe character into the kitchen. Whether left glossy and varnished or with a dull matte finish, such countertops do not fail to infuse the kitchen with immaculate elegance. Black countertops with a matte finish are considered all the more stylish this season.
Open shelves and cabinets, though not quite the norm in Indian kitchens yet, are gradually being given preference by those who own not just pretty kitchens but pretty kitchen paraphernalia as well. Open shelving allows people to display their exotic collections of crockery and other delightful kitchen accessories that, needless to say, have their own special appeal.
Last but not the least, Indian kitchens, like their Western counterparts, are also being transformed into kitchen- cum dining spaces with large kitchen islands and elegant chairs or stools. This concept is especially gaining ground in condominiums and furnished apartments with modular kitchens. Wooden, Metal, marble-top, mahogany-topped, vintage-style, glass-top, or with bar stools- the gamut of kitchen islands is huge. It is only a matter of time before they gain complete acceptance in the urban Indian kitchen.
Keeping a home and its residents safe and secure from antisocial elements has been of utmost concern since time immemorial. For centuries galore, all kinds of ways and means have been devised to safeguard the home.
With soaring crime rates across Indian cities, the issue of home security has assumed humongous importance. All kinds of security apparatuses are now gaining popularity in urban Indian houses or apartments. These include the installation of CCTV cameras, Electronic Intruder Detection Systems, Video Door Phone systems and so on. The traditional system of posting security guards at one’s house gates has also not gone out of fashion.
With metropolitan cities spilling out of their borders, more and more homes are coming up around city suburbs and fringes. While the development of these budding cities, springing next to metropolitans, is taking place at an astonishing speed- it is also true that many of the homes here are situated in remote, far-flung areas, far away from the bustling city centers. This might sound like a boon to many country lovers, yet this makes home security an absolute necessity.
Hiring security guards and keeping watchdogs and alarm systems are the expensive but preferred home security options for those with individual homes.
At the same time, the many multi-facility apartment complexes and condominiums, that are mushrooming all over these developing suburban areas and are gradually becoming a hit with India’s vast middle class, are also equipped with tight security apparatuses. These include the installation of CCTV Cameras and 24*7 Security Guard systems. Security guards do not allow intruders and trespassers to enter the complex while CCTV Cameras ensure that the movements of all suspicious persons get recorded. The full-proof security in these apartment complexes has been one of the reasons for their growing popularity.
Thus the range of home security options is wide and it is up to the discretion of home-owners to choose what they feel is the best and safest for their home!
With over 24 years of experience in the real estate business, Supertech Limited has already delivered more than 33 million sq ft of residential and commercial entities. In addition to the metro cities, such as Noida, Greater Noida, Gurgaon, Ghaziabad and Bangalore, the developer also has a strong presence in smaller cities such as Meerut, Moradabad, Haridwar and Rudrapur. Currently, Supertech has over 75 million sq ft under construction. In conversation with Magicbricks.com’s Nikunj Joshi, R K Arora, chairman & managing director of Supertech Limited said that owing to infrastructure upgrades announced by Uttar Pradesh government, Noida realty market will continue to grow in 2014.
What are your expectations from the Noida’s real estate market in the year 2014?
Noida has experienced a period of unprecedented growth over the last few years, which is expected to continue in future also. It has emerged as a well-developed micro market having substantial office and retail space, with commercial activity deepening in its various sectors. Rapid commercial development has led to a spillover of housing growth in and around the region. Also, benefitting from metro extensions, expressways, wider highways and release of land parcels, Noida promises to be a great residential destination in the coming year.
Which areas are expected to see maximum real estate development in 2014? Why?
There has been a lot of development across various sectors in Noida, witnessing healthy absorption trends. Yamuna Expressway is becoming a hub for the real estate market. The projects in the area have received overwhelming response and the fact that the land prices are still low as compared to Noida and Greater Noida makes it a perfect location for investment. Greater Noida West will also be in the limelight for progressive growth of residential and commercial hubs. Great infrastructure, good road network and metro connectivity are the prime reasons that have enticed the buyers and investors to this area.
What will be the impact of the upcoming general elections on the real estate sector in Noida?
Certainly, there will be a temporary setback as the industry will face labour shortage, putting more stress on the developers as well as buyers. After the recent elections in four states, the sales have started improving. We are hopeful that the same will repeat in the forthcoming general elections also and once a new government is formed, the market is expected to improve significantly.
Which locations in the city witnessed maximum launches in year 2013? Why?
Owing to the presence of abundant land parcels and competitive affordability, project launches were concentrated in Greater Noida West and Yamuna Expressway in comparison to prime locations of Noida where land is scarce and costly.
Any infrastructural development that had a positive impact on the real estate sector in the city in 2013?
Many infrastructural developments took place during the year but the biggest developmental kick was the announcement of 12 projects worth Rs 3,337 crore by Uttar Pradesh government to develop infrastructure across the state. The projects encompass Noida, Greater Noida and the Yamuna Expressway. Also the proposal of a new metro rail network between Noida and Greater Noida will further boost the area’s realty market.
Did you launch any new projects in 2013? If yes, where? Have you given possession of any of your projects in 2013?
While we launched residential projects Araville and 48 Canvas in Gurgaon, Albaria and King Towers in Greater Noida (West), Golf Village, Disney Inspired Fable Castle in Yamuna Expressway and River Crest in SIDCUL Rudrapur during the year, we gave possession in Supertech Livingston-Ghaziabad, 34 Pavilion – Noida, Palm Greens/Meerut Sports City – Meerut and Czar Suites – Greater Noida.
What includes your wish list for the real estate sector in 2014?
Government agencies should settle the issue of farmers in Noida to ensure smooth implementation of projects; Real estate should be given the status of ‘infrastructure’ by Central Government to avail funds from authorised sources; Clarity on policies concerning special economic zones, land acquisitions and certain taxes and single window clearance to fasten the approval process.
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Bangalore: Karnataka government has planned to introduce an amendment to the Karnataka Land Revenue Act 1964, to regularise unauthorised constructions of dwelling houses in government lands in urban areas, official sources said.
The amendment Bill would seek to insert a new section 94 CC in the Act, providing for grant of land in the case of unauthorised construction of dwelling houses in government land in urban areas.
Governor H R Bhardwaj had returned the Karnataka Land Revenue (Second Amendment) Bill, 2012, passed in both the Houses of the Legislature during the previous BJP government on the ground that “the amendment does not serve any public good or social cause. On the other hand, it may lead to illegal grabbing of government land.”
A team of advocates is studying the points raised by the Governor. Keeping in mind public interest, the government would draft the Bill again and introduce it in the Assembly.
Regularisation of constructions on government/revenue lands would benefit lakhs of households in Bangalore. The proposed legislation is aimed at regularising unauthorised occupation of revenue land belonging to government in urban areas with dwelling houses constructed, by granting the land to unauthorised occupants, the sources said.