Page 1

Chennai’s No.1 Real Estate Magazine

Vol : 2 Issue : 5

` 40

October 2012

Building Regulation & Violations: What to Avoid!

Project of the Month TVH - Ouranya Bay

Plus Chennai's Top 100 Projects

Personality of the Month Balsingh George


Editor’s Note

Editor & Publisher

Kishore Kumar editor@chennairealty.biz

Editorial Consultant InkWell Publishing

Dear Patron, The age of digital rumour mongering has well and truly arrived. In the aftermath of rumours which led to the exodus of north-east people fleeing cities across India, the marked increase in global violence and hatred over a trivial private video has laid waste to lives and livelihood of thousands of people across the globe. The widespread anger over the so-called denigrating video on Prophet Mohammed was unwarranted, given the fact that the video itself was done in poor taste by someone who had no idea on what Islam stands for and just needs to be scoffed off. Instead there was a mass frenzy more kindled by an overzealous media which sought to portray this issue totally out of proportion. For me personally, what was more surprising was the fact that none of the top echelons in the US came out openly criticising the video and showing their solidarity with the Islamic world. Just goes to show that no matter which country, politicians are of the same breed who uses such issues to provoke a situation that affects only the common man and plays into the hands of politicians for their personal gain. On the economy part, true to his words, the Prime Minister has shown his resolve to push ahead with economic reforms which will propel the economy forward. The opening of retail for FDI will surely go a long way in bringing the next ‘Green Revolution’ in terms of making farming a lucrative business opportunity for the next generation of youngsters. Today, farming has all but lost its attractiveness as a profession. No youngster wants to become a ‘farmer’. The only way to make farming an attractive proposition would be to open up the sector for foreign investment with adequate safeguards and technology which will ensure we can be self-sufficient in food production in the years to come. It’s not too far when we will start to see the ‘Farm to Fork’ concept take shape in India. Coming to this edition, our cover story focuses on the increasing menace of building violations which sadly affects the end-customer. Even banks turn a blind eye to blatant violations by builders keeping in mind only their commercial interest as against the interest of the buyer. In such circumstances, it becomes important for a buyer to be well informed to be able to identify such deficiencies and ensure his money is invested wisely. Starting this edition, we have introduced two new segments – Star Struck and DIY which should make interesting reading. Do let us know your feedback. Thank you once again for your patronage. Happy reading!

Editor - Chennai Realty.biz™

Production Manager Prasanna Venkatesh +91 98403 00188 prasanna@chennairealty.biz

Design Artist Nandha Gopala Krishnan

Sales Manager Sofia Pinky +91 8754415579 sales@chennairealty.biz

Subscription

Nancy +91 8754489129 subscription@chennairealty.biz

Photography Dharma Prakash

Website Developer Vinzing Designs www.chennairealty.biz

Circulation Head Radha Krishnan +91 8754489128

TNENG/2011/0086 Marketing & Registered Office

No. 30-32, Subramaniyam Street, Abhiramapuram, Chennai - 600 018 Contact: 044-45671177-85

Printed by Srikals Graphics Pvt Ltd Erratum: In September 2012 issue, Project of the Month, Page 20, the no. of units mentioned is the released one till date and not the total no. of units. Also, the unit cost ranges from 35 lakhs to 1.2 crores and not 19 lakhs onwards. We regret for the errors and inconvenience caused. Chennai Realty.biz is solely owned, published and designed by Dimension Four Infomedia India Pvt Ltd. Whilst every effort was made to ensure the information in this magazine was correct at the time of going to the press, the publishers cannot accept legal responsibility for any errors or omission, nor can they accept responsibility of the standing of the advertisers or editorial contributions. The views expressed do not necessarily reflect those of the publisher.


PREVIEW

12 WHAT'S HOT: Chennai Realty gives you the low-down on building regulations and violations: What to avoid!

industry Focus

Features

18 P  roject of the Month Ouranya Bay by True Value Homes, which stands 29 floors high, offers affordable housing with worldclass amenities

22 C  omfort Zone Entrepreneur Rafiq Sait of Gatsby shares is ‘garden-office’ with us

32 Personality of the Month Director Balsingh George of Golden Homes talks about how the company prides itself on its track record that is summarised by a few impressive numbers – 26 years, 124 projects and zero litigation!

12

36 Smart Money Become property price perfect with our useful tips 40 Policy Police Everything you need to know about applying for a duplicate sale deeds 42 Get Help It’s important to get your documents right – here’s how

News you can use 08 R  ealty Bytes Byte-sized info on the latest buzz in town 46 C  hennai’s Top 100 Projects A one-stop ready reckoner for the potential homebuyer

22

58 C  ityscape Chennai’s residential and commercial price trends 62 C  ity Musing Lots happening in Chennai this month

18 36

18

24 T  rend Turner Here’s how you can re-design your bathroom within a budget 26 V  aastu Speaks Plants are also affected by Vaastu 28 H  ealth Quote With natural ventilation being limited by weather conditions or pollution levels in the outdoor air, air cleaners are the best bet to keep the indoor air healthy 30 S  how Space Asharaa makes the most of its space with an eclectic infused blend of ethnic elements and contemporary influences for an expression like no other 38 T  ech Talk Make the most of your basement using light tubes 43 Event Meter South Asian Real Estate launches the 5th phase of development of SARE Crescent ParC 44 D  IY Grill using a charcoal grill 45 S  tar Struck Here’s what your stars have to say about finance, investments and buying properties


YOUR BIGGEST DREAM HAS COME TRUE Residential Flats Mogappair

BHKft. 3 & 2 -1292 Sq. 1142

Amenities Swimming Pool (on Terrace) Spice it up

Fine Living

A/C Gym Pool Table Sewage Treatment Plant Landscaped Garden & Terrace Video Security system Backup Power Generator

Do Not Disturb

INDUS FOUNDATIONS

58 (Old # 15), Y-Block, 5th Avenue, Anna Nagar, Chennai - 600040.

Time to unwind

Ph: 95662 44221 | 95000 39393 | 98408 44448 contact@indusfoundations.com | www.indusfoundations.com


Realty Bytes Move against land registration fraud

I

n the wake of increasing fraudulent registrations, state registration department has implemented a new scheme to combat these cases. The inspector general of registration has recently issued a circular to all sub-registrar offices making compulsory, the submission of original patta or title deed of the land at the time of registration. Earlier, submitting the photocopy of the title deed was adequate for registering a document. Though the government has not issued an order in this regard, sub-registrar’s have been told to implement the directive from the department to curtail unlawful activities as public is affected by these fraudsters and are forced to run from pillar to post after buying land.

R

A

ccording to the findings of CBRE's latest report titled India Logistics Market View, India witnessed an increased market activity in 2012. Demand for logistic and warehousing spaces was not only limited to leading cities such as NCR (National Capital Region), Mumbai, Chennai and Bangalore, but was also spread across the leading tier II cities. Availability of large land parcels at relatively low cost, connectivity to multiple markets across states and industrial clusters, has led to the emergence of some tier-II and tier-III cities as favoured destinations for the development of logistics parks and warehouses. Rental values witnessed growth across most micro-markets due to higher demand for warehousing and logistics facilities. The coming months are likely to witness additional supplies across cities, which will positively impact transaction activity in these locations. Commenting on the findings of the report, Anshuman Magazine, Chairman and Managing Director of CBRE, South Asia Pvt. Ltd said, "The rising level of activity in logistics and warehousing space across metros as well as tier II cities is testimony to the growing confidence of domestic

and international retailers in India. Factors such as enhanced connectivity, implementation of various reforms and completion of major infrastructure projects are expected to further augment the logistics sector across India. Going forward, there will be significant reorganisation in warehousing industry & network planning by organisations in the country." FMCG majors, white goods and consumer electronics firms are also on an expansion spree and are steadily increasing their footprint across the country. Built-to-suit options have been the preferred mode of expansion for most occupiers, with large sized transactions of around 10,000 -15,000 sq ft of warehousing space being reported in the first half of 2012.

Land identified for 100 parks in suburbs

esidents of Chennai can soon look to relax in a more beautiful locality. Chennai is to be dotted with more than 100 parks to be set up by the Corporation of Chennai in the city’s expanded areas. Under fire for allowing many parks to be razed for development projects, Mayor Saidai S Duraisamy in the budget announced the plan to create more ‘green lungs’ in the newly-included areas. There are 260 parks in the old corporation limits. While residents and environmentalists welcomed the move, I corporation officials II 6 said acquiring these 7 III 9 lands was tough. IV A senior official 22 CHENNAI said: “The spaces 19 Numbers in black identified for the indicate how V many parks will 100 parks in eight 13 come up in a zone (in red) zones include small VI parks, Open Space 10 Reservation (OSR) VII 14 land and vacant places.” VIII

8

Increased demand for warehouses

According to OSR rules, buildings with more than 10,000 sqm of space are required to earmark 10 percent of the area as OSR land. The second master plan of the Chennai Metropolitan Development Authority shows that each Chennaiite has only 0.46 sqm of ‘green space’ against the 17 sq m of green space per resident in Bangalore. In Chennai, infrastructure projects, including metro rail, have claimed many parks. The corporation park in Ashok Nagar, Thiru-ViKa Park in Shenoy Nagar; Nehru Park on Poonamallee High Road and May Day Park in Chintadripet are now closed for metro rail works. Corporation sources said tenders for the new parks, 19 in Valsaravakkam, nine in Madhavaram, 10 in Perungudi, 14 in Sholinganallur, 13 in Alandur, seven in Tiruvottiyur and six in Manali, would be floated soon.

II.

HERE IS A LIST OF SOME OF THE PLACES SELECTED FOR THE PARKS

VII. Perungudi, AGS Colony, Telephone Nagar, Rajiv Nagar and VGP Layout

I.

VIII. Sholinganallur, Worker Estate, Shakthi Nagar and Secretariat Colony

Chennai Realty October 2012

Thiruvottiyur: Shanmuganar, Thalankuppam, NettuKuppam, Kathivakkam and Thiruvottiyur

Manali: Near division 17, CPCL Layout, Chinnamathur, JalakandaMariammanKovil, PeriaMathur and Chinasamy Nagar

III. Madhavaram: Gurusanti Nagar, EMS Street Park, Ring Road housing and Siva Sakthi Nagar IV. Ambattur: Ram Nagar Park, Lenin Nagar Park, Gandhi Nagar Main Road, ThangalEri, Krishnapuram Park, Thiruvenkadam Nagar, Ambattur& West Balaji Nagar V.

Valsaravakkam VGN Nagar, MGR Engineering College, Metro Nagar, Sabari Nagar, Giri Nagar, Jai Balaji Nagar, Amman Nagar and K P Nagar

VI. Alandur, AGS Colony, Sundar Nagar, River View Colony, SB Colony and Railway Colony

www.chennairealty.biz


Realty Bytes Japan to invest in Chennai-Bangalore industrial corridor

D

espite the violence in the Suzuki plant at Manesar in July, the Japanese have no second thoughts about investing in a multibillion Chennai-Bangalore Industrial Corridor (CBIC), according to government sources, privy to several rounds of talks between Japanese diplomats and Indian officials on the issue. “They are going ahead with preparations for a comprehensive integrated master plan for the development of the CBIC, with the progress being regularly reviewed by TKA Nair, Adviser to Prime Minister Manmohan Singh,” the sources said. The idea has generated considerable enthusiasm in the South India. Andhra Pradesh has sought to be included in the project and sought the CBIC’s extension to the Krishnapatnam port. Karnataka wants the corridor to be

extended to Chitradurga and the State government has already commissioned a pre-feasibility study to set up a manufacturing city between Chitradurga and Tumkur. Although South India has become the hub of Information Technology and automotive sectors besides other industries, the sources said the Prime Minister was keen to put an ambitious project in the pipeline so that it could be operational after a decade. The plan currently includes a dedicated rail freight corridor besides solutions to address the private sector’s complaint of bad roads, poor access to ports and frequent blackouts. The key projects will include Phase II of the Chennai Outer Ring Road and the Chennai-Bangalore Expressway, the upgrade of airports in Chennai,

Bangalore and Sriperumbudur and ports in Chennai and Ennore, a high-speed rail between Chennai and Bangalore and the Avadi rail link.

LIC Housing Finance to fund builders

L

IC Housing Finance, a subsidiary of Life Insurance Corporation of India (LIC) plans to disburse around 8-10 percent of its total loan portfolio to developers by the end of this fiscal, a top company official said. "Presently, around 6 percent of our total loan portfolio constitutes of developer loan. We plan to increase it to 8-10 percent in the current financial year," told Director and Chief Executive Officer of LIC HF, V K Sharma. He, however, said the housing finance firm would not aggressively push this portfolio in this fiscal though there is an uptick in the loan disbursements to developers.

www.chennairealty.biz

By the end of June quarter, LIC HF's outstanding loan portfolio was at around ` 65,650 crore, which was a 24 percent growth over the same period last year. While individual loans constituted 9495 percent of the portfolio, developer loans comprised 5-6 percent of the total amount. Earlier, the housing finance

company had said that low developer loan portfolio had put margins under pressure and higher disbursals would increase the margin level. Sharma also said respite in interest rate is necessary to boost the overall housing finance industry and to reduce the cost of borrowing for the housing finance companies.


Realty Bytes Surge in NRI realty demand

W

hile NRI remittance grew 24 percent during the last quarter of 201112, as compared with 8.1 percent during the same period in the 2010-11 fiscal, the demand for investment in real estate is inching high. Leading Chennai

E

Households buy less gold, invest more in equity

ven as nominal savings of households fell an estimated 2 percent yearon-year in the first half of 2012, households have, in a departure from the ‘pervasive preference’ for gold seen in recent years, chosen to park their savings in bank deposits and property. A Morgan Stanley study shows that interestingly, the savings in equities have nearly doubled during this period, albeit on a low base. So far this year, returns from equities and gold have been more or less equal at about 13 percent with the returns from the Sensex slightly ahead. Earlier this week domestic gold prices hit a new high of `30,920 per 10 gm. Small savers have always been risk-averse in that they leave much of their surpluses with banks.

10

developers have reported a quantum jump in the number of enquiries over a period of three to four months. There are others who feel that the preferred investment locations are OMR, ECR and parts of Velachery, as considerable development is visible in these areas. With the Gulf employment situation slowly stabilising, there has been renewed interest, which has resulted in the quantum of NRI enquiries (for investment in immovable property) in the city going up by 50 percent over the last year, according to Chennai developers. Interestingly, the demand from NRIs in USA has also increased considerably. Local funding at competitive lending rates, and loans for expatriates maintaining good credit history at zero percent interest rates, have nudged NRIs to take advantage of the current situation and plough back money into real estate back home.

However, the rate of growth of bank deposits has slowed down sharply over the past six months — to around 15 percent — as real interest rates remain negative. The Reserve Bank of India noted in its annual report that household financial savings moderated to 7.8 percent of GDP in 2011-12 from 9.3 percent in the previous year and 12.2 percent before that. Morgan Stanley’s analysis shows that, in value terms, gold is down 11percent, bank deposits are up 7percent and property is up 37percent. Fixed income mutual fund flows remain positive, but are down 58percent y-o-y. Small savings have fallen 15percent, but new insurance premiums are up 8percent. “It appears that the physical asset of choice is property, not gold, unlike in the past two years, and the preference for yield and safety is declining at the margin, a shift from 2011,” it notes. The relative preference between financial and physical assets has also narrowed — financial savings are down 2.9percent, whereas physical savings are up 0.5percent in the first half of 2012 – the changes were 10percent and 48percent, respectively, in the first half of 2011. The RBI had pointed to high inflation as a cause for lower savings; it also felt slower urban job creation and income growth would have impacted the propensity to save.

Chennai Realty October 2012

BASF to set up facility in Chennai

T

he Indian unit of the world's largest chemicals company BASF, BASF India Ltd, is looking to set up a greenfield facility in Chennai by 2015 to address the growing demand for emission control catalysts for the automotive sector. The decision comes against the backdrop of more cities coming under the Bharat Stage IV (BS IV) emission control norms by 2015, according to a company executive. Anticipating a growth in the number of vehicles needing to adhere to the new norms, the company plans to ramp up capacity with the capabilities to address the trucks market, which so far has not been under the norm. The company is on the lookout for land in the state for setting up the facility.The proposed facility would also have a testing facility which is part of a master plan in the long-term to test products developed in original vehicles and analyse their performance. Automotives like trucks do not require catalysts under the BS III norms prevailing across a large part of the country, at present. The greenfield facility is envisaged to be ready before April, 2015, when the BS IV norms become mandatory. However, the officials said details including investment had not been finalised. BASF Catalysts India Pvt Ltd, a part of BASF Ltd, has a facility at Maraimalai Nagar, in Chennai to cater to the emission control catalyst requirements of cars and two wheelers. It had almost doubled capacity in 2009. The existing facility had also gone through an expansion to cater to the needs of two-wheeler markets.

www.chennairealty.biz


Realty Bytes FDI in retail will attract investments

C

onsultancy firms Jones Lang Lasalle and Cushman and Wakefield have expressed that the Government move to allow 51 percent FDI in multi-brand retail will attract investments and change retail landscape. PankajRenjhen, Managing Director-Retail Services, Jones Lang LaSalle India, said, “The decision is a big step towards strengthening organised retail. The new regulations are going to change the retail landscape.” The Government has opened a gateway for foreign funding into the sector. There are still some apprehensions on its implementation due to caveats. However, it does signify a strong positive outlook for this sector, he said. The FDI will be a powerful catalyst for the growth of retail. In

the long term, this will prove beneficial to all the major stakeholders, he felt. Sanjay Dutt, Executive Managing Director, South Asia, Cushman& Wakefield, said: “The Government’s decision is a much-awaited and much-needed initiative. In a period when we are learning only about poor economic performance on various fronts, this decision will boost overall sentiment and the economy.” In a statement, he said, “Within the next 12-24 months, international retailers will accelerate their entry strategy. The developers involved in shopping centre development, who were badly hit since 2008, will also get a tremendous boost,” he said. Dutt further said, “We will witness serious players expanding in this space. Over the medium to long term, the

Hudco to offer housing loans for salaried

H

ousing & Urban Development Corporation Ltd (HUDCO) has introduced home loans up to ` 25 lakh for salaried individuals at a floating rate of interest of 10.20 percent. HUDCO home loan not only offers the low rate but also additional features such as free personal accident insurance, no charges before sanction, loan for the longest duration – 25 years and no pre-payment charges, said a press release from the corporation. This makes it a competitive product available in the major capital cities of India. The offer is also available for nonsalaried individuals as a group. HUDCO is a Government of India-owned financial institution with the mandate to promote affordable housing. Since 1970 HUDCO has financed over 15 million dwelling units. HUDCO is the premier organisation in the country committed to the development of “affordable housing” and “housing for

retail sector, real estate industry and the end-consumers will benefit from the move and the economy on the whole will gain momentum, depth and size.”

Banks told to give 1% interest SOP for home loans up to `15 lakh

T

economically weaker sections.” The one percent interest subsidy is also available for housing loans upto` 15 lakh with the cost of house not exceeding ` 25 lakh under the Interest Subvention Scheme of Government of India. HUDCO has a pan-India presence through its regional offices in State capitals. The HUDCO Niwas scheme will be operational in 20 Regional Offices of HUDCO, covering urban agglomeration of the concerned State Capitals. The HUDCO Niwas scheme will be operational in 20 regional offices of HUDCO, covering urban agglomeration of the concerned State Capital.

he Reserve Bank of India (RBI) on Tuesday asked banks to provide 1 percent interest subsidy for home loans up to `15 lakh. The interest subvention scheme has been liberalised with effect from 2011-12 by extending it to housing loans up to `15 lakh where the cost of the house does not exceed `25 lakh, RBI said in a notification. The scheme has since been extended by government and will remain in force up to March 31, 2013, it said. A budgetary provision of R400 crore has been made under the scheme for the year 2012-13 by the government, it said. The limit of subsidy for an individual borrower would be ` 14,912 for a loan of `15 lakh, and ` 9,925 for a loan of `10 lakh. The extended scheme will benefit all housing loans availed in the current financial year. The National Housing Bank is the sole nodal agency for implementation of the scheme for banks, regional rural banks and housing finance companies.

To Buy & Sell Properties, Log On Into


Building Regulation & Violations: What to Avoid!

Development control regulations are tools for guiding and promoting development in an area in order to improve the quality of life of its inhabitants. It is important for us to understand the types of development regulations adopted in India, the relevance of such regulations in the present context, the need for effective tie up between the different regulations, the extent to which the regulations can support and promote urban development, the role of existing planning organisations in enforcing the regulations, prevailing planning regulations applicable to Tamil Nadu in general and Chennai in particular 12

Chennai Realty October 2012

www.chennairealty.biz


What's Hot

T

he definition for development ‘varies with the type of development envisagedspatial, economic, social, etc. In urban planning, spatial development is often given more emphasis and it is closely linked to social and economic development. Regulations are enforced as part of the planning strategy ‘to conserve and promote public health, safety convenience and general welfare of the people and to provide for the future growth and improvement of the area.’ It is important for us to understand the types of development regulations adopted in India, the relevance of such regulations in the present context, the need for effective tie up between the different regulations, the extent to which the regulations can support and promote urban development, the role of existing planning organisations in enforcing the regulations, prevailing planning regulations applicable to Tamil Nadu in general and Chennai in particular and try to spell out the need for regulations in capturing private investments for public good. Development regulations include master plans, zonal plans, detailed development plans, regulations regarding land use, usage of buildings, coverage, Floor Area Ratio, set-backs, open spaces, height, number of storey, parking requirements, etc; for various developments on land, and for various categories of buildings. Town Planning Legislation and the municipal Building Bylaws are the main instruments based on which Development Control Regulations are being enforced. During the last 40-50 years general town planning, master plans, and detailed development plans have been prepared and implemented in many of the cities and towns in India. But the extent to which these plans and the regulations forming part of these have influenced in shaping our towns is a matter of debate. Several reasons can be attributed for the success / failure of urban planning. All urban plans in India are evolved from the basic British System of planning. The time taken for the preparation, publication, and implementation of the above plans within the framework of the existing Acts is so much that by the time the plan is sanctioned, it becomes redundant.

Relevance of zoning regulations In spite of the fact that master plans and detailed development plans have been notified for many of our cities, city centres are characterised by chaos , congestion, narrow roads, and dilapidated buildings without any parking spaces. In the case of

www.chennairealty.biz

newly developed planned neighbourhoods we find that land use control has not been very effective, with the result that most of the residential buildings crop up haphazardly and even have become residential cum commercial. It is a common phenomenon that CBD gets extended into residential zones as the demand for higher order uses increases and as the market forces play a vital role in deciding the locations. Comparatively wider roads and availability of other infrastructural facilities attract commercial and other uses to these residential zones which in turn bring in more traffic and parking on roads. Laxity in enforcement of regulations can be cited as one of the major reasons. But can we ignore the economic benefit derived by the owner of the residence while letting out part of his house for a shop / office? Should we not consider the objections that will be raised by his law abiding neighbour? The responsibility of the institutions that control and regulate development should be to examine the use change to assess the infrastructural up gradation that such change would bring about and follow the process of public hearing before deciding on rezoning. Levying development charges for changes, which necessitate upgradation of services is one way of tapping private investment for public good. The whole process should be transparent and based on sound principles of planning. Rezoning is a rigorous and public process and hence not attempted at in many of our cities and towns. In the absence of this process, which allows permissible changes in zoning regulations, gross violations take place resulting in the degeneration of our planned areas. It is for the planning and enforcing authorities to decide on the maximum permissible variations in the existing zoning regulations and makes developers and owners pay for the upgradation of the infrastructure necessitated additionally. This is possible only where zoning regulations exist. There are situations, especially in old town areas where no regulations ever existed. The process of introducing regulations / development controls in such areas amounts to bringing such areas within urban renewal programs. Imposing regulations for promoting developments, where chaos and congestion prevail, will go a long way in bringing about orderliness. This would require detailed analysis of the existing situations, giving due consideration for the heritage precincts, and reconstitution of the plot boundaries using techniques like land assembly. Allowing vertical growth will provide much needed ground open space and parking spaces. Underground / multi

level parking lots are essential in most of our city centres as long as we rely on personalised vehicles. Pedestrianisation of certain areas within the urban core especially in places of heritage value can increase the flow of tourists.

Role of the Planning and development agencies in enforcing development control The 73rd and 74th Constitution Amendment Act has empowered the local bodies with sufficient powers to undertake planning and participatory development. The local bodies, viz. corporations, municipalities, and first grade panchayats, scrutinised the adherence to Building Bylaws, a task which they are ill equipped to handle. The Corporations and the Municipalities are geared to short-term goals. Planning and regulatory process if subjected to short run considerations, there is a danger of the whole process losing the focus. The technical capability of the local bodies has to be strengthened with planning professionals if the duties vested with them are to be carried out efficiently. The development regulations also used as a tool to encourage amalgamation of smaller sites into larger ones for achieving higher FSI with provision of adequate space around the buildings and space for recreational purposes within the site, and also to discourage over-utilisation of road and other infrastructure, resulting in congestion, traffic delay, and choking and also breaking down of water supply or sewerage or electricity infrastructures. Development standards prescribed for building constructions vary from country to country, region to region and city to city mainly for the reasons of local climatic conditions, public infrastructure availability/ planned, terrain, culture and way of life of the people, affordability of the people, and also the land availability for development.

Development Regulations In order to regulate developments, the areas have been designated as one of the 10 use zones listed in the Development Regulations. The developments in these use zones will be regulated in accordance with Development Regulations. Further in Chennai Metropolitan areas for buildings of special character such as multi storeyed building areas, continuous building areas, and economically weaker section areas are also designated in the plan. Ecologically sensitive areas zoned include CRZ (Coastal Regulatory Zone) areas, Aquifer recharge areas,

Chennai Realty October 2012

13


What's Hot and catchment areas. MRTS influence areas; IT Corridor and areas around Airports are shown as areas of special character. Development prohibited area namely Pallikkaranai swamp area, area around Indian Air Force station are also clearly demarcated. The Chennai Metropolis is expected to become one of the Mega Cities in the world with more than 10 million population, in the next 10 years. The Chennai City Corporation with 176 sqkm area will accommodate about 59 lakh population while the rest of the Metropolitan Area with an extent of 1,013 sqkm will accommodate about 66 lakh population by 2026. For a balanced, planned development, a multipronged approach is recommended for adoption which includes regulation of developments through land use and development regulations, decongestion measures like shifting of certain traffic intensive wholesale activities from congested localities to planned areas, development of new town / satellite towns and formulation and implementation of integrated urban infrastructure development projects by the agencies concerned. Layout means division of land into plots exceeding eight in number. Regulations for layout include availability of road access with a minimum width of 23 feet and should be at least 30 metres (about 100 feet) from any nearby burial ground or crematorium. No subdivision or layout can be laid out or building for Residential, Commercial, Industrial or Institutional or any structure for occupation will be constructed within 500m from an existing live quarry or a crusher. If a quarry is claimed as abandoned, then a certificate from the local body or the licensing authority concerned to that effect shall be produced. Where use of a site or premises is specifically designated in the detailed development plan, it can be used only for the specificpurpose so designated, unless the land use of the site is varied. Areas classified as 'Settlements' (village Nathams) by Revenue

Department aredeemed to have been zoned as Mixed Residential use zone.Sites abutting andgaining access from roads of width 12 m. and above, but less than 18 m. arezoned for mixed residential use zone and those of width 18 m. and above aredeemed to have been zoned for Commercial use zone.Where more than one activity exist or proposed in a building / a site, the spaceregulations that govern the development will be based on the dominant activity inthat building / site decided on the basis of the percentage of floor area used.

Development Prohibited Areas (a) Area around Indian Air Force station:Lands to a depth of 100m around the boundary of the Indian Air Force station nearTambaram has been zoned as areas prohibited for development. (b) Pallikaranai Swamp area:Considering its importance and drainage system in the area, the contiguous swamparea in Pallikaranai has been declared for conservation as swamp area, prohibitingdevelopment therein. If the site is located within 20 kmfrom the aerodromes reference point, for constructions, which rise to 30 metres ormore in height, no objection certificate should be obtained from the DirectorateGeneral Civil Aviation. (c) Green Belt along Poonamallee Bye pass and Redhills Bye pass roads: As per National Highways standards, green belts on either side to a depth of 15metres along Poonamallee Bye pass Road and Red hills Bye pass road have beenreserved. In this green belt area forming part of plots/sites, no development exceptgate pillars and watchman booth is permissible.

Ecologically Sensitive Areas (a) CRZ area: The coastal stretches of seas, bays which are influenced by tidal action in the land ward side up to 500 metres from the high tide line (HTL) and estuaries, creeks, rivers and back waters which are influenced by tidal action

Development prohibited area (a) Area around Indian Air Force station:Lands to a depth of 100m around the boundary of the Indian Air Force station nearTambaram has been zoned as areas prohibited for development. (b) Pallikaranai Swamp area:Considering its importance and drainage system in the area, the contiguous swamparea in Pallikaranai has been declared for conservation as swamp area, prohibitingdevelopment therein. If the site is located within 20 km from the aerodromes reference point, for constructions, which rise to 30 metres ormore in height, no objection certificate should be obtained from the DirectorateGeneral Civil Aviation.

14

Chennai Realty October 2012

in the land ward side up to 100 metres have been declared as coastal regulation zone. (b) Aquifer recharge area:The areas, which have good aquifers and recharge potential have been declared asaquifer recharge area. (c) Catchment area:Redhills and Puzhal lakes are the main sources of water supply to the Chennai city.In order to protect this water source from the negative impacts of the urban developments contiguous areas in the catchments of these lakes have been declaredas 'Redhills catchments area'.

Classifaction of coastal Regulation Zone For regulating development activities, the coastal stretches within 500 metres of High Tide Line on the landward side is classified into four categories and the development or construction activities in different categories of CRZ area shallbe regulated in accordancewith the following norms: Category I (CRZ-I): No new construction shall be permitted in CRZI except (a) Projects relating to energy, ports, pipelines, wharves, radar installations etc. (b) Exploration and extraction of Oil and Natural Gas, (c) Salt harvesting or desalination plants etc. Category-II (CRZ-II): (i) Buildings are permitted only on the landward side of the existing road (or roads approved in the Coastal Zone Management Plan of the area) or on thelandward side of existing authorised structures. Buildings permitted on thelandward side of the existing and proposed roads/existing authorised structuresare subject to the existing local Town and Country Planning Regulationsincluding the existing norms of Floor Space Index/Floor Area Ratio. (ii) Reconstruction of the authorised buildings to be permitted subject to theexisting FSI/FAR norms and without change in the existing use. Category-III (CRZ-III): (i) The area upto 200 metres from the High Tide Line is to be earmarked as ‘No Development Zone’ provided that such area does not fall within any notifiedport limits or any notified Special Economic Zone. (ii) Development of vacant plots between 200

www.chennairealty.biz


What's Hot and 500 metres of High Tide Line in designated areas of CRZ-III with prior approval of Ministry of Environment and Forests (MoEF) permitted for construction of hotels/beach resorts for temporaryoccupation of tourists/visitors. Building permission for such construction/ reconstruction will be subject tothe conditions that the total number of dwelling units shall not be more thantwice the number of existing units; total covered area on all floors shall notexceed 33 percent of the plot size; the overall height of construction shall notexceed 9 metres and construction shall not be more than 2 floors ground floorplus one floor. Category-IV (CRZ-IV): Applicable to specific areas in and around Andaman and Nicobar islands and Lakshadweep.

Regulation for Development in the Aquifer Recharge Area Aquifer recharge area that serve as oneof the major sources for city water supply has been declared as aquifer recharge arearestricted for development. Details of villages covered in the aquifer recharge area are given below: (i) Kottivakkam (ii) Palavakkam (iii) Neelankarai (iv) Okkiamthuraipakkam (v) Injambakkam (vi) Karapakkam (vii) Sholinganallur (viii) Uthandi In the Restricted Development Zone, Ordinary residential and commercial buildings,institutional and other non-Multi Storeyed Buildings shall be permitted only for the following purposes and accessory uses. (i) Any ordinary residential building including dwelling, detached, semi-detached, tenements or flats and service apartments. (ii) Professional consulting offices and incidental uses thereto occupying a floor area not exceeding 40 sq.m. and G+1 floors in height (iii) Schools or Institutions not exceeding 100 sq.m.in floor area and G+1 floors in height (iv) Petty shops occupying a floor area notexceeding 40 sq.m. and G+1 floors in height (v) Nursery schools, Primary Schools, High Schools, Higher Secondary Schools,Libraries and reading rooms.

www.chennairealty.biz

(vi) Parks, play grounds, farms, gardens, nurseries, including incidental buildings thereon

Unapproved Layouts “Half of the nearly 14 lakh sale deeds registered annually in the State involve residential plots in unauthorised and unapproved layouts,” observe senior officials of the Registration Department. This is an indication of the rapid proliferation of unapproved residential layouts and active sale of plots within them. In order to discourage this , government of Tamil Nadu had amended the Registration Act in 2009 to refuse registration of such plots, but it has not yet been implemented. These layouts do not provide mandated space for formation of wide roads, parks, playgrounds and other crucial social infrastructure in newly developing areas. This has also led to the loss of income to the government, more profit for unauthorised layout promoters and higher expenses for residents in future. As per Government records more than 50 percent of all buildings in Chennai have violated building rules. Over the years, instead of coming up with a corrective action, the government has been legitimising unauthorised constructions which has encouraged more blatant violations. Only recently did the CMDA have reconstituted the enforcement cell. It has created two divisions exclusively for issue of completion certificate and two divisions for pursuing enforcement action. The enforcement action wing will handle locking and sealing,

Green Belt along Poonamallee Bye pass and Redhills Bye pass roads As per National Highways standards, green belts on either side to a depth of 15metres along Poonamallee Bye pass Road and Red hills Bye pass road have beenreserved. In this green belt area forming part of plots/sites, no development exceptgate pillars and watchman booth is permissible.

forfeiture of security deposit and demolitions as well. The government amended the Town and Country Planning Act in 1998 and regularised illegal constructions completed before 1998. The statement of objects and reasons, which accompanied the amendment, admitted that about three lakh buildings in Chennai have violated rules. The government said that it would be administratively difficult to penalise them, and wanted the violations to be condoned. The fines proposed would deter future violations, the government explained. When this amendment was legally challenged, the Supreme Court permitted it, but only as a ‘one-time measure.’ This meant: no more casual attitude to enforcing building rules and no more regularisation schemes. The Court emphasised that the government should check violations at the beginning stage itself. The State assured the Court that it would. However, not only did it fail to check the


What's Hot proliferation of unauthorised constructions, it repeatedly extended regularisation schemes in 2000, 2001, 2002 and 2007. An ordinance aimed at controlling and regulating unauthorised developments throughout the State has been promulgated to amend the Town and Country Planning Act. This was a logical conclusion of the process initiated with the formation of a committee, headed by former Supreme Court Judge S. Mohan. Constituted in June 2007 to review the Act, the Mohan Committee submitted its report in July 2010 to the government. It had suggested amendments for effective enforcement action and providing “limited solution” to the unauthorised developments made prior to July 1, 2007. Through the ordinance, several sections of the Act have been amended, apart from the insertion of a section – 113 C. The amendment of the sections was essentially meant for revising the amounts of fine. The new section seeks to give exemption to buildings developed on or before July 1, 2007 by collecting an amount not exceeding three times the guideline value of the land. It provides for prescribing different rates for different parts of the planning area. Through a revised Schedule to the Act, the government also revised the amounts of penalty for various offences. An amount of ` 5,000 had been fixed for failure to apply for permission and get permission; it also confers power to require the removal of unauthorised development and stop unauthorised development. A sum of ` 10,000 was fixed for three types of offences – erection of building or change in use of land without permission; failure to comply to pay development charges and obstruction to the exercise of the power of entry by the government servants while ` 7,500 was determined for failure to use and develop the land in conformity with the development plan.

be about ` 8.95 lakh (the guideline value for land in 2002 was ` 13,760 per square metre) as against the existing regularisation fee of ` 10 lakh (` 10,000 per square metre). For residential buildings not exceeding 300 square metres, the committee has recommended that the penalty charges should not exceed 50 percent of what is levied for other categories of building.Suggestions have also been made that the extent of violation that can be regularised with respect to Floor Space Index should not exceed 50 percent of the permissible limit and fire safety. Structural conditions should be considered before buildings are regularised.The proposed amendments, when implemented, will be applicable to all buildings in the State, unlike the ordinance that is limited to the Chennai Metropolitan Area. Starting this year, Chennai Corporation will follow new steps to ensure building plans are not violated. Every approved plan copy should have a record of the name of the divisional Assistant Engineer/Junior Engineer. According to Chennai Corporation, the owner would have to inform the divisional AE/JE at the ward office as soon as the foundation is completed. The failure to do so on the part of the building owner or builder will lead to temporary suspension of building plan permit, which would also be recorded on the approved plan. An acknowledgement letter would be issued to the applicant by the AE/JE after the intimation from the building owner or builder is received. The AE/JE would inspect the site within 10 working days to ensure that the foundation is laid as per the dimensions of the approved

A new subsection (Sec 113-C) has been proposed. It will allow the government to “exempt any building developed on or before July 1, 2007, from any provisions of this Act or any rule or regulation made there under.” Detailed guidelines for implementing the exemptions and the penalty charges to be collected have also been suggested.As against the fixed regularisation fee currently in force, the Justice Mohan Committee has proposed a penalty in proportion to the guideline value of the land, “as prevalent on the date of application.”For example, an application made in 2002 to regularise 100 square metre unauthorised area in a multi-storey commercial building on 10thMain Road Anna Nagar, the penalty would

16

Chennai Realty October 2012

The following are the land use zones designated in the Master Plan. 1.

Primary Residential use zone

2.

Mixed Residential use zone

3.

Commercial use zone

4.

Institutional use zone

5.

Industrial use zone

6.

Special and hazardous Industrial use zone

7.

Open space and Recreational use zone

8.

Agriculture use zone

9.

Non Urban use zone

10. Urbanisable use zone

plan. If the AE/JE fails to inspect the site within 10 working days, the house owner shall continue the work of construction. If the dimension of the foundation is in violation to the building plan, stop work notice would immediately be issued and rectification would have to be carried out by the building owner or the builder. If the construction is in accordance with the approved plan, the AE/JE would fill up a form at the site itself and hand it over to the building owner/site in-charge, to indicate that the foundation is in line with the approved plan. This procedure would in no way supersede the general instructions and rules for constructions and if there is any gross violation after the foundation stage, suitable action would be taken within the existing legal provisions. The civic body has the responsibility of processing planning permission application for ordinary buildings, which have stilt plus two floors or ground floor plus first floor not exceeding six dwelling units in case of residential buildings and not more than 300 sq. m. in case of commercial buildings. The sanction is given by the zonal executive engineer in accordance with the delegation of powers issued by the member secretary of CMDA.The new procedure is aimed at speeding the enforcement action against violations. It is high time the potentials of theDevelopment Authorities should be utilised andMetropolitan Planning Committees are to beconstituted as envisaged. The ULBsand the Development Authority have to work hand in hand to enforce the regulations in orderto achieve the results of planning. Development Control Regulations are enforcedwith a view to improve the welfare of the people.It is necessary to make the whole system of planformulation and implementation more dynamicand responsive to changes. For this, the planninglegislation will have to be modified updated andmade more citizens friendly. Taking into accountthe rapid urbanisation, globalisation, increase inland values, and change in life styles, the land useproposals may have to be more flexible. Amechanism has to be evolved for tapping theprivate benefits for public good, making use ofplanning regulations. There is need for evolvingspecial regulations for urban core arearejuvenation, for Heritage zones and for coastaland island zones in Chennai. Development authorities, who were created toundertake model schemes and long termplanning, can still play a vital role in planning andregulating urban development if they work handin hand with the local bodies. Regulations are only means to an end,the ultimate aim being the enhancement in the Quality of Life.

www.chennairealty.biz


Project of the Month

Beautiful Homes at Affordable Rates Ouranya Bay by True Value Homes, which stands 29 floors high, offers affordable housing with world-class amenities says Richa Tilokani

T

he Ouranya Bay at Padur, Old Mahabalipuram Road by the True Value Homes group has the distinction of being the tallest residential building in the city with 29 floors. Ouranya Bay offers beautiful apartments at affordable rates in one of the most premium locations in the city. It has world class amenities and stunning sea views to give you the best of both worlds- the comforts of modern living and the joys of living close to nature. Ouranya Bay has been designed keeping in mind the need of the busy customer who needs a cozy, tranquil home far away from the stress of modern life

Residences The Ouranya Bay will have 6 towers with 2 and 3 BHKs with sea views and city facing views. The bedrooms range from 1210 sq ft to 2084 sq ft. It has already received the best concrete structure of Tamil Nadu award. The project will consist of a 7 storey club house spread over 75000 sq ft. It will also have a sky garden, a swimming pool and a 4000 sq ft restaurant to give you the lifestyle you have always dreamed of. It will also have a children’s play area and a 5000 sq ft banquet hall. Ouranya Bay is also planning to come up with a 28 storey

sea tower which will have 3, 4, 5 bhk flats with beautiful sea views all around.

Quality Specifications Ouranya Bay has spared no effort to ensure you have a comfortable life with the support of all modern amenities. The structure is completely reinforced concrete shear wall and all the bedrooms will have vitrified 2 by 2 tiles. The apartments will have speed elevators from a reputed brand and a three phased power supply with concealed wiring and modular switches of ISI standards. The toilets will have branded


Project of the Month


Project of the Month and good quality fittings from Jaguar or equivalent CP fittings. The ceramic tiles will be up to 7 ft in height. The windows will have powder coated aluminum frame with sliding/ openable shutters and 4/ 5 mm clear float glass. The kitchen will have a granite cooking platform, with single bowl SS sink, with drain board on only one side of the kitchen area. It will also have ceramic tiles up to 2 ft height. All the doors will have an engineered wood frame with Malaysian oak veneer and wenge color varnish finish. It will also have a solid color flush door with similar details.

Location Ouranya Bay is located at Padur next to Siruseri IT Park, at the edge of Muthukadu Lake and is surrounded by nature and water bodies. It has excellent connectivity with the city and has good access to highways and to the airport. Old Mahabalipuram road is the most attractive destination in Chennai today as it is close to many IT companies and service industries while not being too far away from

city life. Ouranya Bay is also close to many landmark destinations while being in the lap of nature.

Developer Profile True Value Homes is one of the most respected builders of Southern India. Established in 1997 by a small group of civil engineers, today it has marketing offices in India, Dubai and Singapore. TVH has always been at the fore front of innovation and some of the many firsts to its name are the largest mall in Coimbatore, one of Chennai’s first truly green homes, tallest residential building in Chennai and many more. It has also built the first ever largest gated community of Coimbatore and is the proud recipient of the luxury builder of the year award in 2010 along with many other awards like the best concrete structure for Ouranya Bay. TVH has always believed in harnessing the power of technology to build sound homes, with exquisite designs and with all modern amenities. TVH has ongoing projects all over South India and it has maintained

the highest standards while adhering to project timelines every time. It is well on its way of achieving its goal of constructing up to 3 mn sq ft of world class space every year.

Project Highlights Category

Residential Apartments

Location

OMR

No of Towers

6

No of Floors

29

Size of Units

1,210 sqft to 2,084 sqft 2 & 3 BHK

Unit Cost

`40 lakhs onwards (excluding car park and other charges)

Amenities

-7  Storey Clubhouse of 75,000 sqft -S  ky Garden & Swimming Pool - 4,000 sqft Restaurant - Children’s Play Area - 5,000 sqft Banquet Hall

 ompletion C Date

- Dec 2012


Mark of a good apartment is a good door...

rs

ular Doo

od Oliver M

latest gy ed with r u t c a f Technolo is u n a m Man r e chines, G e after the site CNC ma ram fit the F to Retro lete p 95% Com Forget

ished, Fit

tory Fin Fully Fac Doors

&

oors Wood D 1. Solid rs lush Doo F r e e n e b 2. V oneycom H h it w w Core 3. Hollo h Panel Doors man Sandwic with Ger s r o o D nite Skin 4. Maso d Chip in Fill anel Densifie e Glass P iv t a r o c e Glazed D 5. Triple ada orts from Can els & Res t o H r fo r al lized Doo of Hospit 6. Specia o r P r e h tc lized Stre 7. Specia Doors

Oliver Interiors

The Doors of Fortune

4/301, Old Mahabalipuram Road, Chennai - 600 096, TN, India. Telephone: +91 9840876377, 044-2454 3314/15/16 E-mail: oliver@sify.com Website: www.oliver.net.in


Comfort Zone

Charming by Design One of Chennai’s most well-known personalities, Rafiq Sait from the house of Gatsby, opens up his most favourite place in the world to Richa Tilokani: his office on East Coast Road!

T

he great outdoors has a charm of its own. No wonder, most people prefer being outside, rather than being cooped up in their homes or offices. Rafiq Sait of Gatsby has found a unique way to combine his love for business with his love of the outdoors - by building a garden next to his office, in his Gatsby store in Neelangarai on East Coast Road! The office-garden allows him to enjoy the tranquil greenery of his surroundings while remaining connected to his business at all times. “My office in overlooks a garden and that is my most favourite spot in the world. It helps me enjoy my office time and makes me forget my tensions,” says Rafiq. Not surprising, as study after study has proved that bringing in greenery into urban settings, especially offices, helps reduce stress levels and increases the productivity of workers. Rafiq’s garden does just the same - it puts him in a positive frame of mind and helps him

22

Chennai Realty October 2012

unwind just by looking at it. It has a natural and energetic feel to it. Rafiq has deliberately kept the decor simple keeping in mind the location. “I have decorated the place with paintings from well-known painter Asma Menon and have also added a unique table lamp from China. I don’t want to add too many things and make it cluttered. The décor is simple, but beautiful,” he adds. He also shares that he had a lot of help in designing and decorating the place from a friendly architectural team.

www.chennairealty.biz


Speaking of where he shops for his décor, Rafiq Sait tells us that G:Home, adjacent to his office, is a décor store that has almost everything you would need to redecorate your space into one that is in line with your imagination! The Gatsby team has taken a lot of time and put in a lot of effort to ensure that the products at G:Home are of the highest standards, ensuring that it is not just of the best quality, but also pocket-friendly.

No wonder, Rafiq has no plans to make any changes nor is he planning a redecoration any time soon. He is very proud of his office and of course, his garden and shares happily, “A friend called it an office area that doesn’t have office timings,” accurately summing up the mood and the unhurried pace of life at his office. He also would not like to add too many things in his most favourite spot in the world. Maybe, “A better audio system,” adds Rafiq as an afterthought but nothing major which could alter the mood of his office. It is the store’s excellent location on East Coast Road which ensures that it is away from the hustle bustle of city life but at the same time not too far away to be inconvenient. It is very well connected to the city and is close enough to open, green spaces. This has helped it develop a peaceful ambience with oodles of charm. The cool breeze and the pleasant view of Rafiq’s green office add to the appeal and the overall effect is relaxingenough to make you forget all your tensions. It offers the best of both worlds and indeed, Rafiq would not want it any other way.

www.chennairealty.biz

Chennai Realty October 2012

23


Designer Bathrooms on a Budget Re-designing a bathroom does not have to be an expensive endeavour with plumbing issues or designer fittings. Here are a few tips for designing your bathroom while on a budget

T

he smallest space in the house, the bathroom, is one of the most personal and private places that we need in our everyday life. A well-planned bathroom can be comfortable and accommodate your requirements. However, re-designing it does not have to be an expensive endeavour with plumbing issues or designer fittings. Here are a few tips for designing your bathroom while on a budget.

24

Chennai Realty October 2012

Replace the Hardware Because bathrooms tend to be smaller places, even tiny changes can make a dramatic difference. Although it may be expensive to replace your bathtub or fit in a new wash basin, replacing basic hardware is fairly effortless. A modern faucet or a funky towel rack can enhance and update the space. Taking off handles or knobs from cabinet doors and either painting or replacing them can give it a new look.

Installing low-flow faucets can reduce your water usage, which is not only great for the environment but also for your utility bills.

Bust out the Paint It’s no secret that painting is one of the most economical ways to change the look of a room, so hop on to the wagon. Choose colours that will enhance the feel of the space. Opt for a cool green or soft blue, or go bold with a vibrant orange or mustard.

www.chennairealty.biz


Trend Truner Update your cabinets without having to replace it with a coat of paint or re-staining. It works wonders.

Get Creative with Your Textiles Your shower curtain covers a rather large area of space, and can often act as the centerpiece of the room. Changing it once in a while will certainly alter the look of the room. Try mixing different textures in the space to add depth and versatility. You don’t have to have matching rugs, shower curtains, toilet seat covers, and towels. Finding fabrics and materials that are diverse but that work together well is a great way to make the space feel fresh and break up the monotony.

Examine Your Lighting Change the window blinds or put up curtains of a different opacity. If the bathroom lacks natural light, experiment with different lighting fixtures.

Get on the Ground The great thing about bathrooms being small is that replacing the flooring can be a rather inexpensive task, especially for those who like a project with a little bit of a challenge. Replace old, worn flooring with fresh tile, ranging from smaller options to larger marble or travertine pieces. There is an enormous versatility in tile, and something as simple as re-grouting can make a huge difference in the look of your space. You could even learn something new in the process! Your bathroom can be re-designed at a very low cost. However, don’t forget to scour thrift stores, consignments shops and exhibitions for unique pieces at great prices. And here's

the most important of all tips: have fun, and don’t forget to let your personality shine through the process.

RBS Modulars & RBS Doors Modular Kitchens & Wardrobes - Specialist in Rubber Wood Doors

Contact: 9940264697

E-mail: rbsmodulars2010@gmail.com

Address: No. 23F, 22nd Street, Thirumal Nagar, Kolathur, Chennai - 99


Go Green with Vaastu Looking to grow a home garden that is vaastu-compliant? Here are some easy tips

V

astu Shastra is an environmental science which observes the working of natural forces and records how the magnetic poles, sun rays, and land compositions influence living things. As per the primitive system of vastu for a garden, it’s important for the five basic elements to work in harmony to enable seeds to germinate, develop and grow healthily. An imbalance of any element, whether soil (earth), sun (fire), wind (air), water or space will slow down the development, and may even lead to irreversible damage. Plants

26

Each Area of a Garden Is Associated With One of the Five ElementsThe Five Elements

Associated Area

Effect

Earth

Southwest

Creates a force that grounds and sustains

Water

Northeast

Helps the flora to flourish

Fire

Southeast

Keeps the plants free of diseases

Air

Northwest

Promotes cross-pollination

Space

Central area

Increases the flow of positive influences which nourish other elements.

Positive energies which generate from the northern direction and the solar energies from the east encourage harmony and stability.

Chennai Realty October 2012

www.chennairealty.biz


Vaastu Speaks Vastu for Other Structures in the Garden Type

Auspicious Direction

Advice

Flower Pots

North-East, North or East (on the ground)

Avoid keeping them on the compound wall and make sure they don’t grow more than three feet tall (from the ground)

Waterfall

North or East

Avoid North-East corner

Swimming pool

North-East or North

Avoid constructing a pool in the center of a garden.

bring in the positive energy in our day-to-day life. It is important to place the plants in the right direction in the house to bring in prosperity, happiness, health and good luck. Keeping plants at the right place according to Vastu Shastra will guard the house and its members against negative energies. As a general rule, a garden must be in the North or West side and inside the borders of the compound.

Things to Be Avoided

Benches

East and the North direction

Place benches in an open space

Swings

East or North

-

Stone sculptures and rock gardens

Southwest, South or West

Avoid any other direction

DD Fruit bearing trees must be avoided

-

DD Milk bearing trees are prohibited

Bird’s nest or a pet’s North-west corner house

Planting Trees and Foliage According To Vastu for Garden

DD Planting thorny plants is prohibited inside or outside a house

DD Remove dry leaves, creepers, and overgrown shrubs regularly DD Banyan and fig must only be planted in temples

Type

Best Direction For Plantation Advice

Smaller shrubs

East or North

Avoid North-East

Tall trees (e.g. Coconut tree)

South-West

Avoid planting such trees too close to the building

Large trees (e.g. Mango)

South or West portion of a house

Avoid planting such trees too close to the building. Also, sow them at a place which gets enough sunlight without blocking it for the residents.

Auspicious plants and trees as Per vaastu for a garden

It’s advisable to grow Basil on each side of a pathway stretching from the main gate to the entrance of a house.

DD Sandalwood

Avoid using the compound wall or the building for support. Creepers should only be grown in the garden and must have their own support.

DD Jackfruit

Tulsi or Basil

Creepers

North, North-east or East direction

The exteriors of a building

Fruit Bearing trees

East

-

Flower bearing plants such as Jasmine, Rose and Marigold

South-West

Avoid using thorny plants with the exception of Rose. Also, it’s auspicious to grow Jasmine on each side of a pathway that stretches from the main gate to the entrance of a house.

www.chennairealty.biz

DD Trees must never be planted in the center or front of a house

Trees DD Coconut DD Lemon DD Almond DD Pineapple DD Mango DD Bakul DD Azadirachta indica

Plants DD Basil DD Jasmine DD Pomegranate DD Frangipani DD Champaca DD Chrysanthemum

Chennai Realty October 2012

27


Health Quote

Guide to Home Air Cleaners With natural ventilation being limited by weather conditions or pollution levels in the outdoor air, air cleaners are the best bet to keep the indoor air healthy Some air cleaning devices are designed to be installed in the ductwork of a home’s central heating/air-conditioning and ventilating system to clean the air in the whole house. Portable room air cleaners can also be used to clean the air in a single room or in specific areas, but they are not intended for whole-house filtration. There are several types of air cleaning devices available, each designed for different types of pollutants. Some of them are listed as hereunder.

Particle Removal Two types of air cleaning devices can remove particles from the air — mechanical air filters and electronic air

Indoor Air Pollutants Pollutants that can affect air quality in a home come under the following categories:

I

DD Particulate matter that includes dust, smoke, pollen, animal dander, tobacco smoke, particles generated from combustion appliances such as cooking stoves, and particles associated with tiny organisms such as dust mites, mould, bacteria and viruses.

ndoor air pollutants are unwanted, and sometimes, harmful materials in the air, which cause among the top five environmental health risks. Usually, the best way to address this risk is to control or eliminate the sources of these pollutants, and to ventilate a

28

home with clean outdoor air. However, the ventilation method may be limited by weather conditions or pollution levels in the outdoor air. If these measures are insufficient, an air cleaning device may be useful. Air cleaning devices are intended to remove pollutants from indoor air.

Chennai Realty October 2012

DD Gaseous pollutants that come from combustion processes which include gas cooking stoves, vehicle exhaust and tobacco smoke. They also come from building materials, furnishings, and the use of products such as adhesives, paints, varnishes, cleaning products and pesticides.

www.chennairealty.biz


Health Quote The chart below provides a brief summary of air cleaning technologies and the pollutants they are designed to control. Air Cleaning Technologies Filtration

Other Air Cleaners

Pollutants Addressed

Limitations

Air filters

Particles

Ineffective in removing larger particles because most of them settle from the air quickly and never reach the filters.

Gas-phase filters

Gases

Used less frequently in homes than particle air filters. Their lifetime for removing pollutants may be short.

UVGI

Biologicals

Bacterial and mould spores tend to be resistant to UV radiation, and require more light or a longer time of exposure, or both, to be killed.

PCO

Gases

Application for homes is limited because the currently available catalysts are ineffective in destroying gaseous pollutants from indoor air.

Ozone generators

Particles, gases, biologicals

Sold as air cleaners, they are not always safe and effective in removing pollutants.

cleaners. Mechanical air filters remove particles by capturing them on filter materials. Electronic air cleaners such as electrostatic precipitators use a process called electrostatic attraction to trap charged particles. They draw air through an ionization section where the particles obtain an electrical charge. These ions attach themselves to the airborne particles, giving them a charge so that they attach to nearby surfaces such as walls or furniture, or attach to one another and settle faster.

Gaseous Pollutant Removal Gas-phase air filters remove gases and odours by using a material called a sorbent, such as activated carbon, which absorbs the pollutants. These filters are typically intended to remove one or more gaseous pollutants from the airstream that passes through them.

Pollutant Destruction Some air cleaners use ultraviolet (UV) light technology intended to destroy pollutants in indoor air. These air cleaners are called ultraviolet germicidal irradiation (UVGI) cleaners and photo-catalytic oxidation (PCO) cleaners. Ozone generators that are sold as air cleaners intentionally produce ozone gas to destroy pollutants.

Portable Air Cleaners Portable air cleaners generally contain a fan to circulate the air, and use one or more of the air cleaning devices listed as above. Portable air cleaners may be moved from room to room, and used when continuous and localized air cleaning is needed. Portable air cleaners can be evaluated by their effectiveness in reducing airborne pollutants such as pollen, dust mite, and cockroach allergens. The ability to remove particles, including microorganisms is not in itself an indication of the ability of an air cleaning device to reduce adverse health effects from indoor pollutants. The use of air cleaning devices may help reduce levels of smaller airborne allergens or particles. However, air cleaners may not reduce adverse health effects completely in a sensitive population such as children, elders, and people with asthma or allergies.

Chennai Realty October 2012

29


Show Space

A Contemporary Statement Asharaa makes the most of its space with an eclectic infused blend of ethnic elements and contemporary influences for an expression like no other. Tuba Raqshan discovers more, browsing through hardbound notebooks with quirky graphics to the stately spherical mirror resembling a flower in full bloom

T

he warm brown floor invites you into a mellifluous space, one that boasts of pleasant surprises hidden in unsuspecting corners, grabbing your attention and letting you admire their intricate elegance. Walk further, and the minimalistic brown floor bursts into a square of aquamarine tiles, highlighted with a floral border. Asharaa demands instant awe. The kitschy section comes first, with its assortment of cheerful notepads, writing pads with macabre graphics, scented soaps in intricate jars covered with patterns of slender vines and blooming flowers, and finally, bags with vintage prints of Victorian England in its sepia days.

Another door, and this one leads us into this one-of-a-kind boutique. The warmly lit corridor leads to smaller rooms, each containing a treasure trove of its own – jewellery (ethnic, junk and contemporary), collectibles, beautifully embroidered tunics and kalamkari kurtas in muted tones. However, it is their home furniture segment which impresses, merely because of the emphasis on detailing, attention to art and a customised service to match.

Interestingly eclectic Crust, Asharaa’s own delicatessen, occupies the frontal space with dark wood furniture and flooring, creating a cosy yet charming ambience.

30

Chennai Realty October 2012

Rushmi, the designer, initiates us into the creative process. “Our interiors segment enjoys a strong client base. We have furniture and furnishings customised to requirements. Depending on the client’s preference of colours and design, we offer them a few options. Most clients usually know what they want and tell us their preferences and tastes. We usually try and work around that,” reveals Rushmi, taking us through different home accessories. White square cushions with a colourful parrot in blazing red alternated those of quiet green with patches of brown floral embroidery.

Conversation starters The eye goes to the statement mirror on the wall, resembling a flower, each wooden panel making up a petal with the mirror as its core. On its edges runs a golden line, adding a touch of opulence in the midst of a Zen like minimalism. “We have our own embroidery unit and do a lot of customisation for clients, based on their colour and design choices. We also do a lot of screen printing and wall stencilling, even on ceilings. There are a wide range of patterns and designs available,” she avers, showing us through a series of curtains, some in sheer fabric and others in plush velvets or gorgeous brocades, elegantly draped over the doorway.

Cut on metal But, Asharaa’s trump card is their emphasis on the metal cutwork inspired elements – right from coasters to conversation pieces. Rushmi explains, “There is a lot of scope for metal cutwork in home décor. It is usually used in vases but we interpret them in different ways. We have metal cutwork in coasters, wall patterns and furniture which is usually a conversation piece.” There are also bouts of experimentation and the result of which is a table with a movable rectangular panel encased with metal overlay. There are also

www.chennairealty.biz


mirrors with beaten metal engravings and a tapering side stand with Grecian motifs. And, slowly sneaking into the picture is East Asian influences with their leaf shaped domes and intricately delicate engravings. Rushmi informs us that Asharaa would soon be opening another outlet on Rutland Gate Road, with a stronger focus to interiors.

www.chennairealty.biz

Before you begin Ponder on these points before you start re-decorating your room: DD Have a clear idea of what you want. This is your space and you need to live here, eventually. DD It is also important to know what you don’t want and communicate this effectively to your designer. DD Give the designer their creative space. DD Take a stock of your requirement, not just currently but also making a provision for the future.

Asharaa’s design philosophy occupies that space between eclectic and practical. “We work around our clients because they have to live in that space. Usually, clients have two extremely different views. It is up to us to redefine it and bring it into a workable format. We do suggest masterpieces, only if our clients request us to. Currently, the trend is to go minimalistic with a touch of modernism. Beyond that, it differs from client to client,” concludes Rushmi. Asharaa is at 18 & 20, Bhemanna Garden Road, Abhiramapuram, Chennai 600018. Telefax: 044-24660051/24672915

Chennai Realty October 2012

31


“Location cannot be identified with luxury” Golden Homes prides itself on its track record that is summarised by a few impressive numbers – 26 years, 124 projects and zero litigation. Launching its 125th project on Poonamallee High Road, the company is set to create another sought-after address in that part of the city. The company is rearing to go to more locations in Chennai. Director Balsingh George in an interview with Shilpa CB 32

Chennai Realty October 2012


Personality of the Month

What unique aspects would you like buyers to be familiar with?

You also talk about redefining luxury. What exactly do you mean by that?

We are indentified for best-in-class products and services. We have given a swimming pool, gymnasium and teak wood joineree (doors and windows) in a project where the price per apartment was less than ` 10 lakh. Even there we did not move from what we stand for. 26 years of litigation-free business is a rarity in real estate business. We’ve never had any litigation in all these years. That distinction very few people can lay claim to. We can confidently walk into any project delivered 15—20 years ago and we are sure to be greeted well.

In my grandfather’s house – he was a very resourceful man – there was only one airconditioner. The house was very large for the single air-conditioner. As opposed to that, my daughter will call 20 minutes before she reaches home and ask for the air-conditioner to be switched on. Luxury is something which keeps moving, it’s a moving target. If you read our brochures, we have said ‘Yesterday’s luxury is today’s necessity’. What we know as a moving target, we keep improving on that and that is why we say ‘Redefining Luxury’. What we thought luxury standard two years ago, that is today a necessity. So we keep raising the bar.

We are also known for ever-improving quality. We are definitely not a company that believes that we’ve learnt it all. Our philosophy is that we can learn from anybody and any day. We just strive to get better with each project. I am convinced that a builder is only as good as his last project.

www.chennairealty.biz

What would you call are the luxuries of today? The house itself is limited to one’s purchase power. What comes inside a project even for a very small flat is where

the luxury quotient comes in. As you saw, our swimming pool is 36 metres long. That could have been 10 metres long. We have chosen to build a pool as large as large as possible. I would have loved to make it a 50 metre pool but because of space constraints we had to limit it to 36 metres. You take our gymnasiums, it will have better equipment than most gyms in the city. You can buy a treadmill for ` 30,000. We will be buying ours for at least ` 5 lakh. That’s the kind of difference there is. The amenities at Golden Opulence is available at other projects, too but the facilities we have are far superior compared to those projects. If you take Golden Opulence, the huge pool is flanked by large banquet halls. If you rent out the pool and the halls, you can have a wedding ceremony and celebration there.

How integral to luxury is location? I like Poonamallee High Road because I’ve lived on that side. Someone who

Chennai Realty October 2012

33


Personality of the Month With land becoming scarcer, have builders become more competitive? Land is available in plenty but the terms that are attached by the owners are unrealistic. If the pricing is right, then there is something wrong with the property. Land purchase is the biggest winner.

Are there any well-thought out strategies in terms of resource allocation, planning etc? At this point in time, we are doing alright with our funds. We have a few ongoing projects. Our Chembrambakkam project will also be launched soon. The land is owned by us. We are not paying interest on borrowings.

lives in Adyar might not find Poonamallee appealing. Location cannot be identified with luxury. Location is not an indicator to luxury. It never was. I went into somebody’s building on Khader Nawaz Khan Road. Most expensive piece of real estate today is on that road. They have acute water shortage. What kind of luxury is that if there is no adequate water? I am saying that the location does not spell luxury. What comes with the building, irrespective of whether it is on Boatclub, OMR or GST road makes it luxurious.

Could you tell us a bit of the best practices that you’ve followed that have helped you complete 125 projects in the last 26 years? Any lessons for aspiring builders you would like to share? Don’t talk too much. Stick by what you say. I am a man who thinks I’ve done a lot of mistakes. I am not going to encourage anyone to model himself after me. I am still learning.

What challenges have you overcome in the long journey? There have been a lot. On the business front, everybody goes through problems, I have also gone through my share

34

of problems. If a business house is complaining about government policy… well everybody is suffering because of the same policy. If it bothers you too much then you will have to choose between being in business and opting out.

What advantages have you seen doing business in Chennai? I was born and raised here. This is my home. There is a comfort factor. I have ‘home advantage’. But that’s not how business can be planned or perceived. There are people who live outside India who do business here. However, this point in time, I am not looking at business outside Chennai. The market is more stable compared to the neighbouring big cities. A very high percentage of buyers are end users.

Which locations are you planning your future projects in? You have also mentioned that you have bought land for them? We have assets predominantly on Poonamallee High Road and off Poonamallee High Road. It’s not like I don’t want to buy elsewhere. I am still trying to buy in South Madras.

Chennai Realty October 2012

The 2BHK at Golden Opulence is about 690 sqft. What trends are you seeing in the kinds of apartments people are buying? The Chennai buyers want two-bedroom, even if the rooms are very small, they want two bedrooms. A single-bedroom flat, according to me, is a bit of a challenge to sell, as opposed to buyers in Bengaluru and Mumbai. Yes, I know there are a lot of builders coming up with one-bedroom flats. But this is my view. I could be wrong.

Your new project Golden Opulence has 29 sizes. Why this variety? You take a two-bedroom, two toilet apartment there are four sizes in that. We wanted two and three bedroom combination in each block. We did not want to isolate the different sizes in separate towers.

What kind of developments do you see happening in the old parts of the city? It could go from bad to worse. The population multiplication is the first problem. They will become redundant. For instance, do you know what’s behind central station? That is the older part of Madras which is forgotten. Most people are not familiar with it. They will draw a blank if asked about a few streets in George Town. A 40-year-

www.chennairealty.biz


Personality of the Month old person will not know the names of the famous streets. I don’t see a huge change in the façade of these old, congested places. I don’t see that skyline changing at all. There is no scope for development there, unless you buy a whole street and develop. Eventually, you will detach from these parts. I don’t go to Mount Road which I used to frequent when I was a student at school and college. People will move to places that are convenient to their livelihoods.

I am not saying Poonamallee is the beginning and end of Chennai. If you live in OMR and work in OMR or if you live in Poonamallee and work in that direction why would you come into Nungambakkam. What for? The rules don’t permit huge development, first of all. Affordability is another factor. Large housing development inside the city cannot be marketed. We are in the process of redeveloping housing board flats which are under 25 years. Each compound has about 48 flats, 60 flats. They approach a builder and the whole building is cleared. We have one such project running in Anna Nagar.

What locations would you suggest to an investor?

Some place where growth is happening. The IT corridor is good. But it is purely dependent on one industry. If you are located in a place where multiple industries are accessible that will offer high returns.

Are you a first-generation entrepreneur? Tell us about

what drew you into this line of work? I am not a first generation entrepreneur. My grandfather ran a business of tile and brick manufacturing. But I started this company. It was just blind faith that housing had to do well that encouraged me to get into this line of work. I won’t say that I had a major strategy planned before I came in. I had an uncle who was doing well in this business. That inspired me to take it up.


Get Property Price Perfect While buying a property, it is important to ask relevant questions to know what exactly you need to pay for

A

part from the basic cost, there are other charges that you will need to pay while buying a house. Most of these are mandatory. For example, if you have a budget of ` 50 lakh for a house, trim it by at least ` 2-5 lakh. This will go into paying for other costs that can be incurred during the course of development. Here is a list of such costs...

In the primary market The primary residential market comprises of projects under construction where you deal directly with the developer. If you are buying a flat under construction, there are a number of

36

charges apart from its basic cost. Loan processing fees: While taking your house on a loan, the processing fee and documentation charges are the first costs that you will encounter. “These charges can be a flat fee of ` 7,000-10,000 or upto 1 percent of the loan value depending upon the financial institution,� says Paramasivam, a Chennai-based Real Estate consultant. Service tax: According to the government order, buying an immovable property under construction attracts a service tax of 12.36 percent on 25 or 33 percent of the gross value of the property. Your developer will add this service

Chennai Realty October 2012

tax to your bill. However, some developers include this in the total cost of the loan value. Infrastructure charges: These are mandatory charges meant for the development and maintenance of the infrastructure around a project. Though this costs only ` 37.50 per sqft, some developers charge anywhere between ` 50 to ` 100 per sqft depending on the city. Preferential location charges (PLC): Based on the location of your apartment, you will have to pay PLC depending on the size, alignment, floor height and the rate of the flat. PLC is per sqft of the super area, which includes common spaces such as the park, lift lobby and parking area. To

www.chennairealty.biz


Smart Money calculate how much PLC you may need to pay, multiply the super area with the rate specified in the brochure. The bigger the apartment, the higher the PLC. The amount of PLC varies between different developers and projects, and may range between ` 25-100 per sqft. There is no regulatory framework or standard rules that govern the laws relating to PLC. Utility charges: The developer will also add costs associated with the building. These include firefighting charges, electrification charges, club-membership fee, parking fee, development charges and an annual maintenance deposit. Woven into the payment plan by the developer, these will collectively add up anywhere between ` 2-10 lakh depending on the project. Usually, luxury and upscale projects with premium amenities will have higher additional costs. Fire fighting and electrification charges are a one-time fee that your developer will charge at the time of possession. A maintenance fee is also required for the upkeep of the premise. This is charged at the rate of ` 2-5 per sqft of the super area. “Usually, when the developer

gives you possession, he promises to take care of the internal maintenance of the complex for the next two-three years. Starting from the date of possession till the completion of this period, the developer will also ask for an annual maintenance fee,” says Vijay Kumar, Director, Savior Builders Ltd. “Once this expires, you will have to pay the same to the residents’ welfare association.” Stamp duty and registration fees: These are mandatory fees that you need to pay to the state government when you register the property in your name at the time of possession. You will need to pay this even if the property comes as a gift to you. Since land is a state subject, this varies from state to state between 4-8 percent. It is calculated on the agreed sale price of the property or the market price, whichever is higher. In some states, the stamp duty and registration for women is lower.

In the secondary market A secondary market comprises of properties that are either re-sold or have changed titles more

Alpha Enterprises

than once. Since they are usually ready to move in or in established locations, these are usually costlier than primary market properties. Brokerage: In the primary market, brokers usually do not charge a fee since they get a commission from the developer. However, in the secondary market, your broker will charge you a commission of 1-2 percent of the property value. Stamp duty and registration: Since the title of the property will have to be changed, you will have to register the property in your name. This will involve stamp duty and registration charges. In the case of a secondary sale, the entire cost of the property is taken into consideration for stamp duty and registration fees. Others: If the previous owner has not settled the property/water taxes and/or electricity bills, then these will have to come out of your pocket. While buying a property, it is important to ask relevant questions to know what exactly you need to pay for. Knowing the add-on costs beforehand will help you make a practical budget for your house.

Property Consultants Liasoning & Project Marketing

Asset Managers

Saleem Ahmed 98408 81977 Old # 470, New # 700, Anna Salai, 1st Floor, Nandanam, Chennai - 600035. TN India. Phone: 044 - 42118233 Email: esemimpex@gmail.com | alphasolution123@gmail.com


Back to the Future! I With the basement becoming one of the most versatile spaces, the ageold technology of using light tubes is coming back in a big way

f you are building a flat or a commercial complex and wondering how to get more natural light to your basement, one of the most affordable ways is the use of light tube (or tubular skylight or daylight pipe), which distributes light from a dome on your roof through reflective tubes into other parts of your building. An age-old technology (used in ancient Egyptian architecture and patented in London in the 1850s), tubular skylights now provide a

www.chennairealty.biz


Tech Talk green alternative to electric lighting. This reduction in the consumption of electricity will not only cut carbon emissions, but it will lower your utility bill. In addition, studies have shown that natural sunlight can be mood-enhancing and good for your health. The concept was rediscovered and patented in 1986 by Solatube International of Australia. This system has been marketed for widespread residential and commercial use. Other day lighting products are on the market under various generic names, such as 'SunScope', 'solar pipe', 'light pipe', 'light tube' and 'tubular skylight'. West- and east-facing glass can have nearly five times the solar heat gain of north-facing glass and more than triple that of south-facing glass. Although the amount of radiant heat at west and east exposures is the same, west is most important to protect because it occurs during the hottest time of the day. Strategies for increasing the amount of natural light in any building include adding windows, traditional skylights, or tubular skylights. Although including windows and traditional skylights at the design stage can be cost-effective, incorporating them during remodeling can get expensive. Installing additional windows or traditional skylights typically involves siding, framing, insulation, and drywall repairs. Even in new construction, installing a traditional skylight will cost two to three times as much as installing a tubular skylight when you figure in all the different trades affected. The tubular skylight is often contained in a sealed system, which helps to prevent condensation. Otherwise, the solar tube should be insulated, especially at the joints and when it passes through unheated spaces. A tubular skylight can be installed into an existing building in about two hours for as little as ` 10,000–` 12,000 (including material and labour). That estimate is for a standard installation involving a roof with asphalt shingles and a straight run of pipe to a termination point in the ceiling (8' of pipe or less), and light tubes typically fit between attic floor joists and roof rafters. This would entail cutting the hole in the roof and installing the flashing and housing. A professional roofer should be able to do this work in less than 30 minutes and should guarantee that you won't have any water leaks. The rest of the installation is quite simple and

www.chennairealty.biz

straightforward. The amount of light you want to distribute to your home’s interior will determine how big your tubular skylight will be. Typically, a 10” diameter tube will cover about 150 sqft (a tube of 24” in diameter will cover up to 600 sqft). A couple of other options available for tubular skylights that you might want to consider include vent kits for bathrooms, lighting for use at night, and dimmers to limit the natural light where you don't want it (think media room).

From a more artistic point of view, recent developments, especially those pertaining to transparent light tubes, open new and interesting possibilities for architectural design.

Property for sale on NH-5 Very close to Dr. Cherian Medical Village, Elavoor, & SRI CITY SEZ

s 7.5 ground e 3 phas electricity s ` 98 L akh

4000 sq.ft & Price 98 lakhs Suitable for company / Non Pollution factory, Fabrication Company, Godown, Warehouses, Logistics Company, Hotel, Technical Institute. ACRES FOR SALE ON NH-5 - 1 acre to 10 acres for sale on NH-5 (6 lanes) - Very close to Sri City SEZ and Dr. Cherian Medical Village - Price ranges from `40 to 85 lakhs per acre

9789924365


Policy Police

Of Duplicate Sale Deeds Often, houses which are over 40 or 50 years old may not have a proper registration. If the sale or purchase deed is misplaced, an indemnity bond needs to be furnished by the seller the sale or purchase deed is misplaced, an indemnity bond needs to be furnished by the seller. And, if a sale deed is lost, you can obtain a duplicate certified copy from the concerned sub registrar’s office. The following steps will help you to get your duplicate sale deed. Lodge a police complaint: File a FIR (First Information Report) reporting the missing document. Once the report has been recorded by the police, it must be signed by the person giving the information. It is important to know that a FIR will not be considered a valid document unless it has been stamped by the Duty Officer with the stamp of the police station along with his signature and a serial number allotted to the report. If the document is not traceable, the complainant should obtain a non-traceable certificate from the police.

A

Notify in the newspaper: Advertise the loss of your documents in a prominent newspaper, and call upon all claimants to lodge claims if any, within a reasonable time. This is usually issued by an advocate in English or the local dailies. If no claims are received, the advocate issues a certificate to that effect.

sale deed can help you stay protected from getting duped. A sale deed is one of the most valuable legal documents in a purchase or sale of a property. The value of a sale deed differs from state to state in our country and as prescribed by the Stamp Act of the respective state. A sale deed has almost all the details required to carry out the purchase or sale of a property. Most importantly, the sale deed requires the seller to certify that the property under sale is free from any kind of encumbrances and without any lien.

40

A sale deed is registered at the jurisdictional sub-registrar’s office. Apart from the buyer and seller of the property under sale, the witnesses should also be present at the time of registration. It will also mention the exact date on which the seller will hand over the original property related documents and the date of subsequent possession of the property to the buyer. Often, houses which are 40 or 50 years old may not have a proper registration. If

Chennai Realty October 2012

Prepare an Affidavit: An affidavit for a lost document is a written declaration which is accompanied by an oath or affirmation indicating that the contents of the affidavit are true. Prepare an affidavit with the help of a solicitor or a notary giving details of your property, the FIR details and the details of the advertisement notified in the newspaper. Get a duplicate sale deed: A copy of the sale deed can be obtained with an application at the office where the property is / was registered.

www.chennairealty.biz


ABS Door, Fire Rated Door, Door Lock, uPVC Window Joint Venture with Kannan Lifts Pvt Ltd in India

ABS Doors (Reliable, Economical & Alternative for teak door from Korea)

Advantage

� Elegant three-dimensional surface designs and Various Designs

� Easy installation and No maintenance � Sturdy, durable and moisture-proof � operationally less weight

� Deformation and corrosion proof � Solid seal � High-tech, Environmentally friendly construction material

� Proven record : Korea, Japan, Hongkong, Singapore, Bangkok, Kualalumpur, Dubai and other Asia countries

“Require Dealer & Distributor / Recruit Technical Sales persons (Door & Window)” Hankook Elevator & Materials Private Limited Kannan Lifts Private Limited

Chennai Office :

Plot.1 Door No. 7, IIIrd Street Elango Nagar Virugambakkum, Chennai, Tamil Nadu, India Tel: 044 42640874 HP: 08056178107/ 09380902466

Seoul Office

Joy Bldg. Ogeum-Dong, Songpa-Ku 138-857, Seoul, Korea Tel: +82 2 448 8687 HP: 82 10 2252 1313

:

Email : aswkim@gick.kr / kannanlift@yahoo.com Web : www.hankookkorea.com / www.kannanlift.com

4264 0874 HP : 08056178107


Get Help

Get the Documents Right You have zeroed in on a piece of property that you really like. You plan to buy it. What do you do next?

T

he first thing that you have to do is to check the title of the property. You need to ask for copies of all the seller's title deeds and other relevant documents going back to 33 years. Although it will suffice if you check the title deeds going back to 12 years, it is always better to go back to at least 33 years. There is some significance in these time periods. These periods of time pertain to the duration after which the title comes to a valid rest in a person. The next question is: What are 'title deeds' and 'other relevant documents'? Title deeds are all documents which pertain to the property in question, and which embody the flow of the title from one owner to the next. Examples of title deeds are: Sale Deeds, Settlement Deeds, Gift Deeds, Wills, Decrees of Court, Government Grants, Release Deeds, Partition Deeds and the like. Other relevant documents pertain to a particular property which have some bearing upon the title in question. Examples of these include: Mortgage Deeds, Lease Deeds, Encumbrance Certificates and the like. To this list, a document known as a Patta should also be added. This is an important document issued by the revenue authorities although it is not a document of title (except in certain cases, where the patta is

42

issued under certain statutes in recognition of a pre-existing right). Once you have all the title deeds and other relevant documents together, you need to arrange them chronologically keeping the encumbrance certificates separately. After arranging the documents, check the schedule of the property. This is normally found at the end of the document. Sometimes, there is more than one schedule to a document (for example, in a Partition Deed, where each of the persons partitioning the erstwhile joint property amongst themselves will have a separate schedule describing the property allotted to that respective person). In such a case, you will need to read through the body of the document to check which schedule is the one that describes the property with which you are concerned. The schedule of a property will help you to identify it by giving you the name of the subregistrar's office under whose jurisdiction the property is located, the name of the village/ locality, the survey number within which the property is located, the extent of area of the property in question, and the boundaries of the property. Some schedules of property may give you more details and some less. There is no hard and fast rule in such matters. What is important

Chennai Realty October 2012

is that the schedule should be of sufficient specificity to enable you to identify the property in question with pinpoint accuracy. However, there are some minor difficulties in this. Sometimes, when you are dealing with old documents, you will find that with time, the boundaries would have changed, survey numbers would have been either sub-divided or re-numbered and so on. In such a case, you will have to ask for the necessary documents or other linking ones to establish the unbroken connection between the earlier document in the chronological order and the immediate succeeding one. Sometimes, a person would have acquired the property under one document, held it during his lifetime and died without leaving a will, wile his heirs would have executed the next succeeding document of title. In such a case, you will have to ask for and check the legal heirship certificate or other such proof that is available to show that all the legal heirs of the previous holder have joined in the execution of the next document. If all the links exist in a clean manner, and the property you are interested in is transferred from holder to holder in an unbroken chain upto your present seller, then you can move on to the next step. If not, then you will have to ask your seller to provide the bridging documents or other proof. Otherwise, you will find yourself in a dilemma with your seller on one hand trying to desperately downplay the extent of discrepancy, and your mind on the other, terrified of making a costly mistake. In such cases or when you are in doubt, it is advisable to contact your lawyer who will be able to guide you.

www.chennairealty.biz


Event Meter

Now, future proof your home

You get exactly what’s promised on the brochure, assured Executive Director of South Asian Real Estate, David Walker, at the launch of the 5th phase of development of SARE Crescent ParC. Shilpa CB reports from the sidelines

S

outh Asian Real Estate will live up to its promise yet again with its expandable villas on OMR. “The idea was to bring in variety to that development and offer middleincome families an opportunity to own a house for under ` 40 lakh,” explained David Walker, Executive Director – South Asian Real Estate at the launch of the fifth phase of development of its 112.2 acre property on Old Mahabalipuram Road. It will build 400 expandable villas in its integrated township called SARE Crescent ParC. What’s unique here is that buyers can construct additional rooms after possession. This format takes care of the need that may arise at a later stage. “The approvals are in place. These homes are future-proof,” said Vikram O Datta, Director of Marketing and Sales of the company. Owners can build a bedroom or the space can be used for a jacuzzi, bar and grill, barbecue, sports and recreational area, a lounge. It can even be turned into a home-office or a study. “This can be done at a later stage when needed and can be afforded,” added Vikram.

For now, buyers can look at owning villas priced at ` 37.49 lakh for 2BHK and ` 52.95 lakh for 3BHK. The second floor of the 2BHK villas has provision to build a third bedroom with an attached toilet; the same can be done on the second floor of the 3BHK plus study duplex villas. The latter also comes in two types – front facing and garden facing. The villas will be ready for occupation in 12–18 months’ time. “The entry price is affordable. You are not blocking your capital right now. You can add more space later when there is a requirement,” explained David. What's more, the layouts are pre-approved; customers need not seek them

www.chennairealty.biz

later. “The first four phases were in a stilt plus 4 format. We wanted to bring a bit of variety into the look and feel of the development,” he added. Located on the Thiruporur by-pass on OMR, between ECR and the IT Corridor of OMR, the township is close to SIPCOT at Siruseri. The 300 homes launched in phase 1 have been delivered, Walker said. The highlight is a 20,000

sqft clubhouse which includes two swimming pools, gym, health club with spa, multi-purpose hall, restaurants and facilities such as basketball, tennis, squash and an indoor games room. Operational since 2006, the FDI-funded company has sold 4,500 homes across India. In Chennai, SARE has 1,200 homes in OMR and 350 in GST Road. In all, it has 173.7 acres under development. It has invested in seven integrated projects in Gurgaon, Ghaziabad, Navi Mumbai, Chennai, Amritsar and Indore. SARE has 39.8 million sqft of developable area and plans to add 100 acres a year on the outskirts of major metros.


DIY

Using a Charcoal Grill Grilling is one of the most basic forms of cooking and yet skillful

G

rilling has been used by man for centuries. Charcoal-grilled foods are full of flavour, but you have to know how to use your grill to get the perfect result for your steaks or veggies. Using just the right amount of charcoal and timing when you put the food on the grill are two tricks to get the most from your grilling experience. Tip: Always make sure the charcoal is hot in the middle and covered by a gray ash before you use it.

Instructions 1. Make sure your charcoal barbecue grill is set up away from items that could be burned or melted by the heat of the grill. 2. Clean out any ashes or partially burned pieces of charcoal from the grill. 3. Put charcoal in your grill by pilingit in the center. 4. Use charcoal lighter fluid or kerosene. Be sure to put the fluid away before lighting the flame. 5. Carefully light your charcoal. Once it is

44

burning well, you can use a tool to spread it around a bit. 6. Keep the lid on your grill open until the charcoal starts to get white around the edges, approximately 20 minutes. Use this time to finish preparing your food for grilling. 7. Place the grill grate over the coals and close the grill cover. 8. Use a brush to coat the grate with oil; this will help keep food from sticking. 9. Place meat or other items on the grate over the coals. Place the thickest cuts over the hottest part of the fire. 10. Do not use a fork to flip meat. Use tongs or a spatula to flip grilled items.This keeps the juices inside so that the meat stays juicy.

Tips & Warnings  Cut-up vegetables can be placed in aluminum foil along with olive oil or butter and some spices for grilling so you don't

Chennai Realty October 2012

have to worry about pieces falling through the grill.  As always, use caution when working with matches, flame and grills.  Spraying the cooking grate with vegetable oil or coating it with olive oil prior to placing it over the coals helps create a non-stick cooking surface and leads to attractive grill marks on food.  Using meat marinades or dry rubs add flavour and keep meat or poultry from drying out during grilling.  Using natural lump charcoal introduces more natural wood flavouring than briquettes, which take longer to ignite and contain petroleum binders and other chemical fillers.  Always use heat-resistant grilling mitts when handling hot grates, charcoal chimneys or when removing meat from the grill.  Use long-handled tongs or spatulas to move, add or remove meat during grilling to avoid burns.

www.chennairealty.biz


Star Struck Aquarius (January 20 - February 18):

S

aturn, the ruler of Aquarius, is placed in the house of fate and fortune, which means the period of October to December will be fortunate in all aspects. Those who are planning to build charitable institutions will be successful in this period. Gains are possible in the form of landed property as it is auspicious to earn through property this quarter.

Gemini (May 21 - June 20):

T

his is a best time to make investments for long term plans like homes for your children, holiday homes, etc. The stars are in your favour and you will definitely find something that suits your requirements and budget.

Pisces (February 19 - March 20):

P

lacement of the lord of money and finance in the ninth house indicates that this period will be fortunate for you to earn money through different sources. You might gain some immovable property from your father. Overall, a very fortunate period to recover your blocked money and make investments in property.

F

T

his period indicates wealth in large measure. Money will come readily and you will get good support from your near and dear. But you must be cautious on how you spend this money, especially in property. Do not over-indulge.

B

www.chennairealty.biz

Scorpio (October 23 - November 21):

T

hough a lot of money will be accumulated during this period, you will become stingy because Rahu is also in your house. This might affect the kind of home you choose to buy. Do not compromise on quality for quantity.

Leo (July 23 - August 22):

T

he Sun, which is your ruling planet, has shifted to the house of wealth and finance. Hence, the fortune related to money and finance continues to be favourable. If you are clear regarding taxation and penalties, this is the right time to invest in a property of your choice.

Sagittarius (November 22 - December 21):

F

or builders in partnership businesses, you will flourish and will give maximum gains. But, you will lose all your money through deception due to ill effect of Mars. So, remember to be very cautious and use this good period to your advantage.

Virgo (August 23 - September 22):

Taurus (April 20 - May 20):

lack marketing, fraud or deceit will be the source of income for you during this month. You may get into suspicious dealings to earn extra money. You must try to avoid such dealings and must not use this to buy your new property!

B

uilders, it's time to rejoice because the Lord of money and finance is placed strongly in the same house as you! You will earn considerable fortune through business, but you must use this to your advantage by settling debts and starting afresh.

Cancer (June 21 - July 22):

Aries (March 21-April 19):

or builders of this star sign, creativity will make them take a break and pursue their dreams with gusto. This might also work as a business opportunity. But stay focused on what you really want to do in life as this period will be unexpected in terms of money.

Libra (September 23 - October 22):

T

his period will be excellent for both buyer and builders. You are tactful and intelligent and know to manage wealth and money in an astute manner. Use this to your advantage and also remember to help your near and dear ones with their decisions.

Capricorn (December 22 - January 19):

Y

ou will not be very fortunate in terms of the dealings related to the immovable properties like house, machinery etc. during this period so avoid purchasing anything of importance during this time. There are signs of gaining wealth through your business, so wait for the right moment to sign on the dotted line.

Chennai Realty October 2012

45


Top 100 Projects

Chennai - North

GOLDEN OPULANCE

NORTH TOWN

Contact: 044 - 2621 3388 Location - Poonamallee

Area - 690 - 2,067 sqft

Type of Units - 2 & 3 BHK Price Range - ` 27 lakh onwards

Builder - Golden Homes

Location

Completion - December 2014

Type of Units - 1, 2 & 3 BHK Price Range - ` 35.27 lakh 1.2 crore No. of Units - 2,470 (Released still Now) Amenities - All Amentites

Amenities - SP, CH, KPA, GYM & MPH Website - w  ww.goldenhomes chennai.com

No. of Units - 815

Aspects

Contact: +91 73737 37315

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

- Perambur

Area

- 650 - 1,396 sqft Builder

Mahidhara Central

Korattur 3 BHK 24 1,661 - 1,676 sqft June 2013 ` 1.35 crore onwards MPH & SF Land mark www.ourlandmarks.com

Contact: 044-4343 8282

Meadow Ville

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Avadi 1,2,2.5 & 3 BHK 18 510 - 1,070 sqft April 2013 ` 13.5 - 27 lakh PWB, CP, & RWH PK Builders +91 99403 33328

Mystiq

Kolathur Villas 244 934 - 1,297 sqft May 2013 ` 27 - 45 lakh KPA, CH, SEC & MPH Sare Jubilee www.meadowville.co.in

- - - - - - - - -

K G Centre Point

Tondiarpet 1 BHK 170 597 sqft December 2013 ` 27 - 28 lakh mPH, pwb & kpa Emaar MGF land ltd +91 98405 45602

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Poonamallee - 2 & 3 BHK - 1500 - 800 - 1,508 sqft - December 2013 - ` 25 - 55 lakh - CH, GYM, SP & SF - Mahidhara - www.mahidhara projects.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Purasawalkam - 4 BHK & 4 Duplex - 12 - 2,100 & 2,660 sqft - December 2012 - ` 2.75* crore - SP, GYM & CP - Vijay Shanthi - www.vijayshanthi builders.com

Contact: 044 - 4000 4625

grace Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

Website - www.northtown.co.in

Contact: 044 - 4566 4444

Contact: +91 90031 33226

Goldmine homes

- Arihant/Unitech/PVP

Completion - December 2013 onwards

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- Poonamallee - 1, 2 & 3 BHK - 644 - 515 - 1,060 sqft - December 2015 - ` 15.5 lakh onwards - GYM, SF, MPH & KPA - KG Foundations - 044 - 2499 3371

Newry-sampreeti Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Kilpauk 3 BHK 12 1,810 sqft Ready to occupy ` 2.5 crore CP, PWB & SEC Newry Properties 044 - 2628 5278

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

46

Chennai Realty October 2012

www.chennairealty.biz


Top 100 Projects

Chennai - North

Santha Towers

Palmgrove

Contact: 044 - 2225 2226

Contact: 044 - 4598 5800 Location - Poonamallee

Area - 1,188 - 1,489 sqft

Builder - Godrej Properties

Type of Units - 2 & 3 BHK Price Range - ` 52 lakh onwards Completion - 2014 No. of Units - 1556

Amenities - CH,SP,KPA & GYM

ORCHID SPRINGSS

Website - w  ww. godrejproperties. com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Location - Avadi-Parithipattu Area - 600 - 1,386 sqft

Builder - Omshakthy Homes

Type of Units - 1, 2 & 3 BHK

Price Range - ` 17 - 50 lakh

Completion - December 2013

No. of Units - 508

Amenities - CH, GYM, SP & MPH Website - w  ww.santhatowers. com

Park Tower

Korattur 1.5, 2, 2.5 & 3 BHK 2,100 692 - 2,436 sqft December 2014 ` 37 lakh - 1.5 crore CH, SP, SF, KPA & GYM Alliance Group www.alliancein.com

Contact: 044 - 3045 1200

The Metropolitan

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

VGN Stafford

- Mogappair - 2 & 3 BHK - 64 - 1,142 - 1,292 sqft - December 2012 - ` 56 - 64 lakh - GYM, SP, STP & GPB - Indus Foundations - www.indusfoundations.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Thirumullaivoyal 2 & 3 BHK 176 870 - 1,145 sqft Ready to occupy ` 32 - 42 lakh gym, lift & pwb RC Pvt. Ltd 044 - 2674 8888

Anna Nagar West 2 & 3 BHK 162 1,235 - 1,988 sqft March 2014 ` 1.2 - 2.1 crore KPA, GYM, MPH & SF Newry Properties www.newry.co.in

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Ambattur - 1, 2 & 3 BHK - 1,286 - 572 - 1,576 sqft - December 2014 - ` 24 lakh onwards - All Amenities - VGN Developers - www.vgn.in

Contact: +91 96000 10044

solitare

RC Royal grande

- Korattur - 2 & 3 BHK - 24 - 997 - 1,281 sqft - October 2013 - ` 71 - 85 lakh - lift, pwb, gym & ccp - Rajus Flat Promoters -  +91 95510 88446

- - - - - - - - -

Contact: 044 - 4260 2577

Contact: +91 95662 44221

raju’s galaxy

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Poonamallee 2, 2.5 & 3 BHK 108 1,024 - 1,940 sqft March 2014 ` 80 lakh - 1.30 crore MPH, SP, PWB & gym S & S Foundations 044 - 2815 0066

The Orchard Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Kallikupam 2 & 3 BHK 50 869 - 1,339 sqft December 2014 ` 36 - 57 lakh LIFT, PWB, KPA & GYM Awesome Builders +91 90922 22221

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

www.chennairealty.biz

Chennai Realty October 2012

47


Top 100 Projects

Chennai - Central

Atrium

JAINS PEBBLE BROOK

Contact: 044 - 4000 0300 Location - Perungudi

Area - 976 - 1,152 sqft

Builder -Urban Tree Infrastructures

Type of Units - 2, 2.5, 3 Price Range - ` 44 lakh onwards & 3.5 BHK Amenities - CH

No. of Units - 80

Completion - December 2012 Website - www.urbantree.in

Atlantis

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Nelson Manickam Rd - 1, 2, 3 & 4 BHK - 42 - 726 - 2,023 sqft - November 2013 - ` 1.3 - 5 crore - MPH, GYM & HC - RWD - www.rwd.in

Contact: +91 98408 77756 Location - Thoraipakkam

Area - 531 - 1,556 sqft

Builder - Jain Housing

Type of Units - 1, 2 & 3 BHK

Price Range - ` 25 - 85 lakh

Completion - September 2013

No. of Units - 620

Amenities - All Amenities

Website - www.jainhousing.com

bhaggyam aura mills

Contact: +91 98409 06668

Commander’s Court

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Perungudi 2 & 3 BHK 316 954 - 1,800 sqft December 2012 ` 65 lakh - 1.2 crore KPA, GYM, ATM & SP Anaand Estates +91 72999 20022

DLF - Garden city

Ethiraj Salai 3 & 4 BHK 356 1614 - 4049 sqft December 2013 ` 3 – 6 Crores CH DLF www.dlf.in

- - - - - - - - -

Enrico

Thoraipakkam Villas 24 2,800 - 3,200 sqft Ready to Occupy ` 3.02 - 3.65 crores SP, KPA, CP & MPH Tangirala Infrastructure 044 - 2496 3234

Thoraipakkam 2 & 3 BHK 40 1,231 - 1,546 sqft November 2012 ` 82 - 99 lakh gym Bhaggyam foundations www.bhaggyam.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Shollinganallur - 2 & 3 BHK - 1, 200 - 1,212 - 2,000 sqft - Ready to occupy - ` 65 - 98 lakh - CH, SP & KPA - DLF - www.dlf.in

Contact: +91 98840 60955

Ananta Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Contact: +91 87544 44402

Contact: +91 98840 60955

Aashritha

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Perumbakkam 2 & 3 BHK 39 1,200 - 2,338 sqft January 2014 ` On request mph, kpa, gar & pwb Sreenivas Housing +91 95001 22754

Mudra Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Perungudi 2 & 3 BHK 40 1,400 - 1,750 sqft April 2013 ` 54 - 92 lakh CP JBM Shelters 044 - 2264 3964

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

48

Chennai Realty October 2012

www.chennairealty.biz


Top 100 Projects

Chennai - Central Maple

Vertica

Contact: +91 98848 30000

Contact: 044 - 4343 8282

Location - Adyar

Area - 1,400 - 1,713 sqft

Location - Gopalapuram

Area - 2,300 - 4,500 sqft

Builder -Landmark

Type of Units - 1, 2, 3 & 4 BHK

Price Range - ` 1.5 - 2 crore Completion - June 2013

Type of Units - 3 & 4 BHK

Price Range - ` 4 - 8 crore

Completion - On request

No. of Units - 16

Amenities - Lift & CP

No. of Units - 82

Amenities - KPA, SF, CH & SP

Website - www.ourlandmarks.com

harsham

Builder - Casa Grande Website - www.casagrande.in

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Jashn

Thoraipakkam 2 & 3 BHK 20 1,145 - 1,585 sqft September 2013 ` 70 - 99 lakh GYM, CCP & PWB BBCL www.bbcl.in

Contact: +91 95510 77999

KG Eyes Eternity

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Besant Nagar 2 & 3 BHK 86 1,170 - 1,735 sqft November 2012 ` 1.75 - 2.75 crore SP, GYM, KPA & SF KGEyes Residency www.kgeyes.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- Teynampet - 3 BHK - 12 - 1,515 - 1,640 sqft - On request - ` 1.8 - 2 crore - GYM, MPH, KPA & SF - Agni Estates - 044 - 2464 1777 

silver Line Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Chemmenchery 2 & 3 BHK 70 700 - 1,450 sqft January 2013 ` 30 - 70 lakh gym, sp, cP & SM Silver Line Builders +91 99520 55555

- Egmore - 3 BHK - 8 - 2,750 sqft - March 2013 - ` 5.91 crores onwards - GYM, SP & KPA - Arihant Foundations - www.arihantfoundations. com

Contact: 044 - 4224 4444

Trinity Garden Phase II

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Thoraipakkam - 1 & 2 BHK - 136 - 652 - 973 sqft - September 2012 - ` 27 - 40 lakh - CH, SP & KPA - Urban Tree - www.urbantree.in

Contact: 044 - 4000 0300

Contact: 044 - 2431 3939

POes pride

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

Vaikund’s Sundaram Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- Karapakkam - 2 & 3 BHK & Villas - 320 - 1,720 - 1,948 sqft - December 2012 - ` 64 - 73 lakh - GYM, SP, SF & CP - Vaikund Estates - 044 - 6455 8880 

White Oak Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Adyar 3 BHK 10 1,934 - 2,285 sqft June 2013 ` 2.1 crore onwards PWB & LIFT Casa Grande +91 98848 30000

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

www.chennairealty.biz

Chennai Realty October 2012

49


Top 100 Projects

Chennai - South

CREST JADE

DL Ipshita

Contact: +91 98848 69413

Contact: +91 87544 75207

Location - Anakaputhur

Area - 525 - 730 sqft

Builder -Crest Homes (P) Ltd

Location - Tambaram East

Area - 2,140 sqft

Builder - DL Promoters

Type of Units - 2 BHK

Price Range - ` 17 - 24 lakh

Completion - February 2013

Type of Units - Villa

Price Range - ` 75 lakhs

Completion - 2013

No. of Units - 12

Amenities - CP & RWH

Website - www.cresthomes.in

No. of Units - 16

Amenities - CP

Website - www.dlpromoters.com

alpine meadows

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

CREST GLEN VILLE 

Pallavaram 2 & 3 BHK 936 957 - 1,570 sqft December 2012 ` 40 - 65 lakh CH, SP, GAR & SF Jain housing www.jainhousing.com

Contact: +91 98408 77756

Eden Gardens

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Sembakkam 1, 2 & 3 BHK 364 570 - 1,338 sqft December 2014 ` 29 - 68 lakh SF, SP, GYM & KPA Asvini Foundations 044 - 3362 4462

Olympia Grande

Tambaram 2 & 3 BHK 148 800 - 1,200 sqft On request ` 35 - 50 lakh SP, GYM, CH, KPA & SF Evocon Pvt. ltd www.evocon.in

Contact

- Keelkattalai - 2 & 3 BHK - 118 - 940 - 1,390 sqft - October 2013 - ` 55 - 75 lakh - gym, mph, ccp & lift - Mettupakkam Foundations Pvt. Ltd - +91 98400 96964

Anakaputhur 2 BHK 10 660 - 846 sqft March 2013 ` 24 - 32 lakh CP & RWH Crest Homes (P) Ltd www.cresthomes.in

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Pallavaram - GST Road 1, 2, 2.5, 3 & 4 BHK 788 658 - 1,600 sqft April 2015 ` 37 - 92 lakh CH, SP, GYM & KPA Olympia Group www.olympiagroup.in

Contact: +91 72990 11110

Majestica

Mf Orchid Location Type of Units No. of Units Area Completion Price Range Amenities Builder

- - - - - - - - -

Contact: +91 98848 69413

Contact: +91 99406 78291

Akila Heights

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

Location - Type of Units - No. of Units - Area - Completion - Price Range - Amenities - Builder - Contact -

Medavakkam 1, 1.5, 2, 2.5 & 3 BHK 348 765 - 1,488 sqft December 2013 ` 20 - 70 lakh All Amenities Vasavi Housing Infrastructure +91 99406 26678

MaruthaM Heritage Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Tambaram West 1, 2 & 3 BHK 124 440 - 1,200 sqft 2014 ` 14 - 36 lakh KPA, GYM, ATM & PWB Marutham Group 044 - 2481 4565

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

MPH - Multipurpose Hall

DS - Departmental Store

RWH - Rain Water Harvesting

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

50

Chennai Realty October 2012

www.chennairealty.biz


Top 100 Projects

Chennai - South

Raj paris crystal springs

Rajkham Akash Ganga

Contact: 044 - 2372 7954

Contact: 044 - 4567 4242

Location - Pallikaranai

Area - 919 - 1,212 sqft

Builder -Rajkham Builders (P) Ltd

Location - Madambakkam

Type of Units - 2 & 3 BHK

Price Range - ` 42 - 54 lakh

Completion - December 2013

Type of Units - 1, 2 & 3 BHK Price Range - ` 37 - 44 lakh

No. of Units - 87

Amenities - KPA, GYM, MPH, CCP & SF

Website - www.rajkhambuilders.com

No. of Units - 510

pinnacle

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Web

- - - - - - - - -

Area - 645 - 2,130 sqft Amenities - All Amenities

rainbow utsav

Tambaram East 1 & 2 BHK 225 694 - 1,005 sqft December 2012 ` 24 - 37 lakh CCP & LIFT DL Promoters www.dlpromoters.com

Contact: +91 98408 50000

ROYAL CASTLE

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

Sundarakand

Chrompet 2 & 3 BHK 1,400 363 - 2,100 sqft March 2014 ` 23 - 70 lakh SM, SCH & MPH Amarprakash www.amarprakash.in

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Urapakkam 1, 2 & 3 BHK 214 607 - 1,730 sqft December 2013 On request gym, sp, MPH & sec Netwest Estate pvt 044 - 2434 0716

Website - www.myproptree.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- New Perungalathur - 2 & 3 BHK - 16 - 700 - 1,225 sqft - Ready to occupy - ` 23 - 41 lakh - CH, SP, GAR, SF - Raindow Foundations - www.rainbow foundations.in

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Medavakkam 2, 2+study & 3 BHK 120 927 - 1,534 sqft December 2012 ` 40 - 53 lakh CCP, GYM, KPA & MPH Vishranthi homes www.vishranthihomes.com

Contact: 044 - 2431 4515

netwest aura

- Pallikaranai - 1, 2, 3 & 4 BHK - 3,500 - 1,243 - 2,712 sqft - March 2014 - ` 55 lakh - 1.20 crore - ch, sP, sm & ccp - Puravankara Pvt ltd - 044 - 2499 7890

Completion - November 2012

Contact: 044 - 2435 4647

Contact: 044 - 4000 5000

purva winderware

Builder -Rajparis

Silver Spring Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Alandur 2 & 3 BHK 98 830 - 1,320 sqft April 2014 ` 63 lakh - 1 crore KPA, SP, GYM & SF Green Peace 044 - 4203 3111

The Courtyard Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Nanganallur 3 BHK 64 1,350 - 1,964 sqft June 2014 ` 1.26 - 1.7 crore SP, GYM, MPH & SF Lancor Holding Ltd +91 89397 98812

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

MPH - Multipurpose Hall

DS - Departmental Store

RWH - Rain Water Harvesting

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

www.chennairealty.biz

Chennai Realty October 2012

51


Top 100 Projects

Chennai - West

Advaya

Centurion Avenue

Contact: 044 - 4924 0000

Contact: 044 - 2861 1335

Location - Porur

Area - 649 - 1,444 sqft

Builder - Royal Splendour

Location - Thiruverkadu

Area - 900 - 2,500 sqft

Builder - Green Avenue homes

Type of Units - 2 & 3 BHK

Price Range - ` 23 - 52 lakh

Completion - December 2013

Type of Units - 1, 2, 3 & 4 BHK

Price Range - ` 35 - 60 lakh

Completion - November 2012

No. of Units - 132

Amenities - Gym, CCP & PWB

Website - www.royalsplendour.com

No. of Units - 97

Amenities - SP, CH

Website - www.dhakshins.com

Bella Vista

Location Type of Units No. of Units Area sqft Completion Price Range Amenities Builder Website

- Porur - 1, 2, 2.5, 3 & 4 BHK - 2,613 - 600 - 2,621 sqft - March 2015 - ` 29 lakh - 1.5 crore - All Amenities - Prestige Estates - www.prestigeconstruction.com

Bougainvillea Phase II

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Kaaviya’s Yuthika

Porur 2 & 3 BHK 6 965 - 1,246 sqft April 2013 ` 43 - 53 lakh ccp & lift Hi Tec Properties www.hitechproperties.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Cerus

Arumbakkam 2 & 3 BHK 9 865 - 1,330 sqft January 2013 ` 69 lakh - 1.5 crore Lift Ashvar Builders 044 - 2363 1010

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

JAINS WESTMINSTER

Arcot Road 3, 4 BHK Duplex 166 1,709 - 3,212 sqft December 2014 ` 1.23 crore SP, GYM, KPA & CP Appasamy Real Estate 044 - 2434 6333

Location Type of Units No. of Units Area sqft Completion Price Range Amenities Builder Website

- Porur - 1, 2 & 3 BHK - 88 - 825 - 1,416 sqft - June 2014 - ` 46 lakh onwards - CCP, RG, WTP, GYM & KPA - Kaaviya Properties - www.kaaviyaproperties. com

Contact: +91 99406 21421

Contact: +91 95660 01290

Ashvar Blossoms

Porur Villa 200 1,925 - 4,078 sqft December 2012 ` 98 lakh onwards SP, GYM, MPH, KPA , SM & MF Alliance Group www.alliancein.com

Contact: 044 - 4354 6999

Contact: 044 - 3357 4000

hi tec -anugraha

Location - Type of Units - No. of Units - Area - Completion - Price Range - Amenities - Builder - Website -

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Saligramam 1, 2 & 3 BHK 618 564 -1,961 sqft August 2014 ` 40 lakh - 1.6 crore KPA, GYM & SP Jain Housing +91 98408 77756

Lavender Park Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- Porur - 2 BHK - 32 - 966 sqft - April 2013 - ` 44 lakh onwards - All Amenities - Greenpeace - 044 - 2371 8166

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

52

Chennai Realty October 2012

www.chennairealty.biz


Top 100 Projects

Chennai - West

Rajkham Orchid

Infinity 

Contact: 044 - 4000 0300 Location - Porur

Area - 667 - 1,647 sqft

Type of Units - 1, 2 & 3 BHK Price Range - ` On Request

Builder - Urban Tree

Location - Iyyapanthangal Area - 735 - 1,436 sqft

Completion - September 2014

Type of Units - 2 & 3 BHK

Price Range - ` 33.5 - 64 lakh Completion - June 2013

No. of Units - 38

Amenities - KPA, CCP & GAR

Amenities - All Amenities Available Website - www.urbantree.in

No. of Units - 199

Osian ChlorophyII

Contact: 044 - 2372 7954

Location Type of Units No. of Units Area sqft Completion Price Range Amenities Builder Website

Panache

- Porur - 1, 2, 3 BHK & Duplex Penthouse - 997 - 665 - 3,494 sqft - March 2015 - ` 36 lakh onwards - SF, SP, CH, GAR & KPA - SPRRG - www.osianchlorophyll.in

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Utsav

Porur 2 & 3 BHK 86 975 - 1,713 sqft July 2014 ` 55 - 92 lakh gym, sP, kpa & Mph Primi Sristi Housing www.primisristi.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Porur 1, 2 & 3 BHK 324 575 -1,233 sqft March 2013 ` 30 - 70 lakh GYM, SP, KPA & MPH Primex Infrastructure +91 89399 11100

TRIVENI

S & P LIVING SPACES Location Type of Units No. of Units Area sqft Completion Price Range Amenities Builder Contact

- - - - - - - - -

Ayanambakkam 1, 2, 3 BHK & Villa 2,800 559 -1,805 sqft December 2013 ` 22 - 73 lakh CH, SP, KPA & MPH S&P Foundations 044 - 2822 0091

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Arumbakkam - 2 & 3 BHK - 75 - 1,184 - 1,826 sqft - March 2013 - ` 1.40 - 2.15 crore - CCP & PWB - Arihant Foundations - www.arihantfoundations.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Mangadu 1, 2 & 3 BHK 116 600 - 1,300 sqft June 2014 ` On request GYM, LIFT, SEC & KPA Silicon Realty www.siliconrealty.net

Contact: +91 97104 44734

Contact: +91 97909 07254

Primex verterra

Website - www.rajkhambuilders.com

Contact: 044 - 4224 4444

Contact: +91 90940 05015

trust heights

Builder - Rajkham Builders (P) Ltd

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

vgN KRONA

Thiruverkadu 1, 2 & 3 BHK 217 550 - 1,200 sqft June 2013 ` On request GYM, CH & PWB Muktha Foundations  044 - 4217 1692

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Porur Villa 10 1,441 sqft December 2013 ` 66.5 lakh CH, SP & KPA VGN Developers +91 96000 10044

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

www.chennairealty.biz

Chennai Realty October 2012

53


Top 100 Projects

Chennai - Outer Estancia

Aqualily

Contact: +91 95000 43361

Contact: +91 96772 33116 Location - Mahindra Worldcity Area - 1,595 - 4,500 sqft

Builder - Mahindra Lifespace

Type of Units - Villas & Apts

Price Range - ` 55 lakh - 1.6 crore Completion - December 2013

No. of Units - 761

Amenities - SP, PWB, KPA & MPH

Albatross

Website - w  ww.mahindra lifespace.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

Location - SRM

Area - 1,510 - 1,860 sqft

Builder - L&T Arun Excello

Type of Units - 3 BHK

Price Range - ` 70 - 90 lakh

Completion - Phase II - Jan 2013

No. of Units - 391

Amenities - SP, CH, GYM & KPA

Website - www.arunexcello.com

Boulevard

- Navallur - 2 & 3 BHK - 537 - 1,495 - 2,600 sqft - March 2015 - ` 65 lakh - 1.2 crore - All Amenities - Archean Design - www.addhomes.in

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Inno Geocity

Siruseri 2 & 3 BHK 565 1,040 - 1,367 sqft September 2014 ` 45 - 57 lakh CH, SP, GYM, & KPA Green Tree www.green201.com

Contact: +91 87544 49944

Allegria Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Ivy Terrace

Sriperumbudur 3, 4 BHK & Villas 225 600 - 2,850 sqft December 2013 ` 31-95 lakh CH, SP, GYM & KPA Casa Grande +91 98848 30000

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Oragadam - Row Houses & Bungalow - 5,000 - 980 - 1,160 sqft - Janurary 2017 - ` 31 - 40 lakh - SCH, SM, CH & RES - Oragadam city - www.innogeocity.com

Contact: 044 - 4225 5255

Futura

Kandigai – Vandalur 3 BHK 104 1,128 – 1,381 sqft August 2012 ` 32 - 35 lakh GYM, MPH, GAR & KPA Dhanishkha +91 98415 21727

- Vandalur - 3 BHK & Row Houses - 372 - 1,170 - 2,275 sqft - December 2013 - ` 35 - 85 lakh - KPA, MPH, GYM & SF - Vijay Shanthi Builders - www.vijayshanthi builders.com

Contact: 044 - 4000 4625

Contact: 044 - 4902 4444

Greenn 201

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

OMR (Egattur) 2, 3 BHK & Penthouse 190 1,116 - 2,669 sqft June 2013 ` 62 lakh onwards GYM, SP, MPH & KPA NAPC Properties 044 - 4347 0970

Metropolis Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Maraimalai Nagar Villas & Appartments 436 1,395 sqft onwards Ready to occupy ` 54 lakh onwards All Amenities Akshaya homes 044 - 4200 8811

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

54

Chennai Realty October 2012

www.chennairealty.biz


Top 100 Projects

Chennai - Outer Space Aura

SSPDL Mayfair

Contact: +91 98844 66400 Location - Navallur

Area - 850 - 1,577 sqft

Builder - Evocon Pvt. Ltd

Type of Units - 2 & 3 BHK

Price Range - ` On request

Completion - On request

No. of Units - 76

Amenities - GYM, SF & KPA

Website - www.evocon.in

Jains Inseli park

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Contact: +91 99400 42608 Location - Thalambur (OMR)

Area - 942 - 1,107 sqft

Type of Units - 2 & 3 BHK

Price Range - ` 35 - 45 lakh Completion - December 2013

No. of Units - 76 dwellings

Amenities - C  H, GYM, MPH & CCP

Sobha Meritta

OMR - Padur 2 & 3 BHK 808 1,176 - 1,755 sqft April 2013 ` 45 - 75 lakh CH, SP & KPA Jain Housing www.jainhousing.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

The Suncity

- Siruseri - 2 & 3 BHK - 1,176 - 915 - 1,175 sqft - December 2014 - ` 28 - 36 lakh - GYM, SP, CH & MPH - Real Value Promoters - www.realvalue.in

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- OMR (Kazhipattur) - 1, 2 & 3 BHK - 204 - 588 - 1,700 sqft - May 2014 - ` 25 - 75 lakh - GYM,CH, SP & SF - Marg Properties - 044 - 4252 5252

udayam Breeze villa

tejas Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Siruseri 2 & 3 Duplex BHK 110 896 - 1,400 sqft May 2014 ` 25 - 44 lakh kpa, gym, mph & sM SK Developers +91 80560 14312

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- Kelambakkam - 1, 2 & 3 BHK - 556 - 536 - 2,056 sqft - December 2015 - ` 25 - 90 lakh - All Amenities - Sobha Developers Ltd - www.sobhadevelopers.com

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Website

- - - - - - - - -

Tiruvallur 1, 2 & 3 BHK 200 600 - 3,000 sqft April 2013 ` 22 - 40 lakh CH, SP, HOS & DS Amarprakash www.amarprakash.in

Contact: 044 - 4000 5000

Contact: 044 - 6634 3536

Pushkara

Website - www.sspdl.com

Contact: 044 - 2833 4567

Contact: +91 98408 77756

Padmalaya

Builder - SSPDL

Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

Kelambakkam Duplex villa - 3bhk 19 1,400 sqft May 2013 ` 56 - 60 lakh cp, Gated Community Udayam Foundations +91 98844 17533

vennila Location Type of Units No. of Units Area Completion Price Range Amenities Builder Contact

- - - - - - - - -

OMR (Kazhipattur) 2 & 3 BHK 84 943 - 1,500 sqft September 2013 ` 38 - 57 lakh ccp, pWB & GAR Shri Janani Homes +91 90470 13701

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

www.chennairealty.biz

Chennai Realty October 2012

55


Residential Plots Omshakthy Kanopus

Avalon

Contact: 044 - 2225 2226

Contact: 044 - 4567 4242 Developer - A tlas

Area sqft - 4,800 sqft

Location - Uthiramerur

Rate - ` 7.5 lakh onwards

Amenities - CH, SP, KPA & GYM

Developer - O  mshakthy Fire Realty Area sqft - 450 - 2,400 sqft

Amenities - GAR, CW & BTR

Website - www.atlasfoundaions.in

Location - Avadi-Paruthipattu

Website - www.omshakthy.net

ashok nandavanam

Rate - ` 1,670/sqft

BIRCH COURT Developer Location Area Rate Amenities Website

- - - - - -

Ashok Group Perungalathur 1,800 - 2,600 sqft ` On request CW & Black Top Road www.ashokgroup.info

Developer Location Area sqft Rate Amenities Website

Contact: 044 - 4507 4444

Mahidhara Developer - Location - Area - Rate - Amenities - Website -

Gold Earth Properties Tiruvallur 600 - 2,400 ` On request Avenue Trees & Gated Community www.goldearthcity.net

Developer Location Area Rate Amenities Website

- - - - - - -

Abi Estates Pvt Ltd Padapai 600 - 3,000 sqft ` 1,500 sqft onwards Fencing, Black road +91 98419 87700 www.abirealty.in

Electronic City

cosmo city Developer - Location - Area sqft - Rate - Amenities - Contact - Website -

Accord Housing (P) Ltd Mevalurkuppam 600 - 3,000 Sqft ` 900/- sqft All Amenites +91 99405 50055 +91 97890 66777 www.accordchennai.com

- Mahidhara Projects - Poonamallee - 2,400 sqft - ` 799/sqft - CH, SP, Market Yard & MPH - www.mahidharaprojects. com

Contact: 044-4551 2222

Contact: +91 97909 01010

Developer Location Area Rate Amenities Contact Website

Unitech Nallambakkam 1,800 - 4,724 ` 30.5 lakh onwards CH, SP & KPA www.unitechgroup.com

Contact: +91 95000 59595

Gold Earth City

Abi centurie square

- - - - - -

Developer Location Area sqft Rate Amenities Contact Website

- Accord Housing (P) Ltd - Sriperumbudur - 1,500 - 2,400 sqft - ` 410/sqft - Black Top Road , SEC & KPA - +91 97890 66777 - www.accordhousingchennai. com

Green Wood City Developer Location Area sqft Rate Amenities Contact Website

- Arihant/Unitech - Navalur (off OMR) - 1,800 - 5,182 - ` 67.52 lakh onwards - CH, GYM, SP & MPH - 044-4224 4444 - www.arihantfoundations.com

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

56

Chennai Realty October 2012

www.chennairealty.biz


Residential Plots Vasantham sun city

Pallavapuram

Contact: +91 95661 66155

Contact: 044 - 4567 4242 Developer - M  yproptree Location - T irumalpur

Area sqft - 1,000 - 2,500 sqft Rate - ` 375/sqft

Amenities - K  PA, BTR & Gated Community Website - w  ww.pallavapuram.com

Orchid Avenue

Developer -  Vasantham city makers Pvt. Ltd

Area sqft - 600 - 1200 Sqft

Amenities - boundry Post

Location - Arakkonam

Rate - ` 150/sqft

Website - www.vasantham.biz

Sai Baba Nagar Developer Location Area Rate Amenities Website

- Aashirwad Elite Realtors - Thiruvallur - 600 - 3,200 - ` 450/sqft - Gated Community - www.aashirwadeliterealtors. com

Developer Location Area sqft Rate Amenities Website

Contact: +91 97910 33379

Contact: +91 99629 28725

Wing Haven Gardens

Sri Sathya Sai Nagar Developer - Wisdom Properties Location - Guduvanchery Area sqft - 1,500 sqft onwards Rate - ` 325/sqft Amenities - Avenue Trees & Gated Community Website - www.wisdomproperties. com

Developer Location Area sqft Rate Amenities Website

Developer Location Area sqft Rate Amenities Contact Website

-  Headway Properties -  Sriperumbudur - 1,800 Sqft onwards - ` 695/- sqft - cw, kpa & btr - +91 74014 74014 - www.headwaygroup.in

Supradheepam Developer - My Asset Developers Location - Poonamallee Area sqft - 800 - 3,500 Sqft Rate - ` 950/- sqft Amenities - CW, BTR & SEC Contact - +91  97104 11134 +91 92444 10444 Website -  www.myassets.co.in

- - - - - -

ETA Star Property Karanai 1,700 - 7,000 sqft ` 38 lakh - 1.5 crore CH & SCH www.etastar.com

Contact: 044-2847 7383

Contact: +91 99629 28725

 Prestige

- Wisdom Properties - Oragadam - 1,500 sqft onwards - ` 510 /sqft - Avenue Trees - www.wisdomproperties. com

The Lavenders Nest Developer - Location - Area sqft - Rate - Amenities - Contact - Website -

Crystal Homes Oragadam 1,500 - 2,400 ` 499/sqft Avenue Trees & Black Top Road 044-4212 3703 www. homesindia.com

water front Developer Location Area sqft Rate Amenities Contact Website

- - - - - - -

Vip Housing & Properties Manur - Poonamallee 600 - 2,400 Sqft ` 410/- sqft sw, park & kpa +91 84381 09850 www.viphousing.in

CH - Club House

GYM - Gymnasium

RES - Restaurant

HOS - Hospital

SCH - School

SP - Swimming pool

KPA - Kids Play Area

HOT - Hotel

SM - Super Market

ATM - Automatic Teller Machine

SF - Sports Facility

GAR - Garden

COH - Community Hall

DS - Departmental Store

MPH - Multipurpose Hall

PWB - Power Backup

HC - Health Culb

SEC - Security

GEN - Generator

CP - Car Parking

www.chennairealty.biz

Chennai Realty October 2012

57


Cityscape Residential Rate Watch Locations

Capital Value 2 BHK (cost / sqft) in `

Rental Value 2 BHK of 1,000 sqft (cost / month) in `

Capital Value 1 Ground of 2,400 sqft (in lakh `)

BUDGET

PREMIUM

BUDGET

PREMIUM

AVERAGE

9,000 9,000 9,000 9,000 7,000 9,000 8,000 NA 9,000 7,500 6,000 5,000 5,000 9,800 7,500 8,000 4,000 9,500 4,500 8,000

14,000 15,000 18,000 15,000 11,000 16,000 17,000 26,000 17,000 14,000 12,000 7,000 6,000 15,000 14,000 13,000 5,000 14,000 5,000 13,800

15,000 16,000 16,000 15,000 10,000 14,000 14,000 30,000 10,000 8,000 12,000 9,000 8,000 16,000 14,000 9,000 9,000 12,000 7,000 8,000

30,000 30,000 30,000 25,000 20,000 26,000 26,000 50,000 22,000 18,000 20,000 18,000 12,000 28,000 20,000 25,000 18,000 25,000 15,000 18,000

350 - 500 350 - 500 400 - 600 300 - 350 300 - 350 300 - 400 400 - 500 800 - 850 300 - 375 250 - 300 150 - 200 80 - 120 80 - 120 500 - 600 300 - 350 250 - 350 70 - 90 250 - 300 75 - 90 250 - 300

4,000 8,000 9,000 8,000 3,000 8,000 7,000 8,500 4,000 3,800 4,750 4,500 3,500 9,000 2,800 4,500 9,000 7,300 6,500

5,000 10,000 14,000 10,000 3,500 11,000 8,000 14,000 4,500 4,200 6,000 5,500 4,000 12,000 3,600 5,000 12,000 10,000 7,000

8,000 7,000 16,000 12,000 5,500 7,000 6,500 16,000 7,000 6,500 8,000 7,000 6,500 12,000 6,000 8,000 12,000 6,500 6,000

14,000 17,000 26,000 20,000 10,000 20,000 16,000 25,000 15,000 10,000 18,000 16,000 9,000 24,000 8,000 12,000 18,000 16,000 15,000

80 - 100 200 - 250 350 - 450 150 - 200 65 - 70 225 - 300 150 - 200 300 - 400 75 - 85 75 - 80 90 - 120 80 - 100 65 - 70 250 - 300 35 - 45 80 - 90 300 - 350 150 - 180 90 - 110

6,000 5,000 7,500 3,800 7,000 8,000 4,000 3500 3,500 3,000 4,000 4,500 9,000 7,000 3,500 3,800 3,200 9,000 9,000 6,000 6,000

7,500 6,500 12,500 4,700 10,000 12,000 4,750 4000 4,500 3,800 5,500 5,000 14,000 9,000 4,200 5,000 4,500 15,000 12,000 7,000 7,500

8,000 6,500 9,000 7,500 7,000 8,000 9,000 8,000 7,000 6,000 9,000 8,000 15,000 8,000 5,500 7,500 7,000 15,000 9,000 8,500 8,000

15,000 13,000 18,000 16,000 20,000 20,000 15,000 12,000 12,000 9,000 18,000 12,000 25,000 17,000 14,000 15,000 14,000 30,000 23,000 20,000 20,000

120 - 130 90 - 110 200 - 250 80 - 100 150 - 180 225 - 250 70 - 90 55 - 65 65 - 75 55 - 60 130 - 150 100 - 120 250 - 300 160 - 200 80 - 90 80 - 110 80 - 100 300 - 500 350 - 500 180 - 220 150 - 200

CENTRAL Abiramapuram Adyar Alwarpet Besant Nagar Egmore Gopalapuram Kotturpuram Boat Club Mylapore Mandaveli Neelankarai Nandambakkam Perungudi R A Puram Royapettah Santhome Sholinganallur Thiruvanmiyur Thoraipakkam Triplicane

North Ambattur Aminjikarai Anna Nagar Anna Nagar West Extn Avadi Chetpet Ayanavaram Kilpauk Kolathur Madhavaram Mogappair East Mogappair West Nolambur Purasawalkam Poonamallee Perambur Shenoy Nagar Vepery Villivakkam

South Alandur Adambakkam Ashok Nagar Chromepet Ekkaduthangal Guindy Medavakkam Madambakkam Madipakkam Mugalivakkam Manapakkam Nanganallur Nandanam Saidapet Selaiyur Tambaram East Tambaram West Teynampet T Nagar Velacheri Kottivakkam

58

Chennai Realty October 2012

www.chennairealty.biz


Cityscape Residential Rate Watch Locations

Capital Value 2 BHK (cost / sqft) in `

Rental Value 2 BHK of 1,000 sqft (cost / month) in `

Capital Value 1 Ground of 2,400 sqft (in lakh `)

BUDGET

PREMIUM

BUDGET

PREMIUM

AVERAGE

4,300 7,500 7,000 3,500 7,000 8,000 8,000 4,500 11,000 3,800 4,800 6,500 8,000 5,500 5,000

5,000 9,000 9,000 4,000 8,500 10,000 9,000 5,400 15,000 4,500 5,300 8,000 12,000 6,500 6,000

8,000 8,000 8,000 6,000 8,000 7,000 8,000 6,500 16,000 6,000 6,000 9,000 9,000 7,500 7,500

16,000 17,000 17,000 9,000 17,000 19,000 20,000 14,000 30,000 9,000 10,000 18,000 20,000 16,000 17,000

110 - 130 180 - 225 180 - 225 50 - 55 180 - 230 200 - 250 130 - 150 70 - 80 300 - 350 60 - 65 70 - 85 130 - 160 220 - 270 150 - 170 120 - 130

2,200 2,700 2,500 3,500 3,300 3,200 2,300 2,700 2,300 2,700

2,500 3,300 2,800 4,000 3,800 3,500 2,700 3,600 2,500 3,500

4,000 5,000 6,000 8,000 7,000 6,500 5,000 6,000 4,500 7,000

7,000 8,000 8,000 18,000 16,000 15,000 8,000 9,000 8,000 11,000

14 to 20 15 to 18 20 to 25 50 to 60 40 to 50 35 to 40 20 to 24 25 to 30 20 to 25 20 to 24

West Alwarthiru Nagar Arumbakkam Choolaimedu Iyyappanthangal K K Nagar Kodambakkam Koyambedu Maduravoyal Nungambakkam Porur Ramapuram Saligramam Vadapalani Valasarawalkam Virugambakkam

Outer Puzhal Pammal Tiruvallur Siruseri Padur Kelambakkam Sriperumbudur Vandalur Singaperumal Koil Oragadam

Commercial Rate Watch Sub Markets CBD (Anna Salai, Nungambakkam, RK Salai, T Nagar, Egmore, Alwarpet) Grade A Grade B Off CBD (Guindy, Kiplauk, Taramani, Adyar, Anna Nagar) Grade A Grade B Suburban Business District (Velachery, Perungudi, Mount Poonamallee Road) Grade A Grade B Peripheral Business District (Perungalathur, Sholinganallur, Siruseri, Ambattur, GST Road) Grade A Grade B

www.chennairealty.biz

Construction Material Price Index*

Average Rent in July 2012 (` / sqft per month)

Average Rent in SEPTEMBER 2012 (` / sqft per month)

80 - 130 60 - 90

90 - 130 60 - 90

55 - 90 40 - 50

50 - 80 35 - 50

50 - 80 35 - 60

40 - 70 35 - 50

40 - 60 30 - 35

35 - 60 30 - 40

Commodity

Unit Measure

AVERAGE RATE IN SEPTEMBER 2012

CEMENT STEEL STEEL STEEL STEEL STEEL STEEL BRICKS RIVER SAND FLY ASH BLUE METAL BLUE METAL QUARRY DUST BITUMEN

Per 50 Kg Bag Non Isi 6mm / Ton Tmt 8mm Dia / Ton 10-25 Mm Dia / Ton Rms / Ton Stirrups / Ton Vsp/Sail 10mm Dia / Ton 1 No. Cubic Feet Per Ton (Ennore) 20mm / Cubic Feet 40mm / Cubic Feet 0 – 2 Mm / Cubic Feet Grade 80/100

` 320 46,800 47,750 46,200 49,000 50,000 48,550 ` 6.30 ` 45 ` 125 ` 26 to ` 28 ` 24 ` 20 ` 36,753

Grade 60/70 Per Day

` 39,740 ` 500 to 550

Per Day Per Day Per Day

` 350 to 400 ` 250 to 300 ` 450 to 500

Per Day

` 450 to 500

BITUMEN MASON MEN WOMEN PAINTER/ PLUMBER CARPENTER

` ` ` ` ` `

Chennai Realty October 2012

59


Classifieds Vijey Modular Kitchen

Majestic Paving Blocks

AGS Enterprises Manufacturers & Suppliers of      

Hollow & Paving Blocks Blue Metals  Bricks  Flayash Bricks Kerb Stones  River Sand  PIT Sand Cover Blocks  Designer Paver Brick / Sand  Blue Metal GSP / Malaman

I Shapes

Kerb Stones

Zig Zag

Cover Block

Solid Blocks

Hexagon

Manufacturers: Hydraullic Pressing Interlocking Paving Blocks & Hollow Blocks

Contact Vijey Modular Kitchen New No.26, Old No.37, South West Boag Road, T.Nagar, Chennai - 600017. Ph: 6532 2996, 4218 1949 Cell: 98403 72246, E-mail: bala@vijeymodularkitchen.info Web:www.vijeymodularkitchen.info

16 x 8 x 4”, 16 x 8 x 6”, 16 x 8 x 8” Contact Address

8, Thaisundram Nagar, Kundrathur, Chennai - 600069. Phone: 044-29000662 email: mpblocks@gmail.com / web: www.solidblocks.com

G. SIVAKUMAR / 9840231440 / 8939217714

Products Air Purifier Aroma Sense Inc Contact: +91 9840078989 South India Chem Ind. Contact: 044-25382134

Lighting Satco Lighting Contact: 044-26152724 Veer Lighting Contact: 044-25362994

Home Appliances Butterfly Home Appliances Contact: 044-26260801 Chennai Home Appliances Contact: +91 9444125305

Furniture Hirers Giri'Museum Contact: 044-26450378 Jaggi Furniture Hirers Contact: 044-28111097

Netlon Aaron India Contact: 044-26401895 Tuflex Contact: 044-25340030

Bedding Farook Bedding Contact: 044-24749533 Raman Bedding Contact: 044-23744301

Home Decor Abi Decor Contact: 044-23743286 Rekha Decor Contact: 044-24758199

Pumps Best Pumps India P Ltd Contact: 044-42170732 Sugun Industries Contact: 044-25342273

PVC Pipe / fittings Moti Pipe Corporation Contact: 044-25211274 Vijay Pipe Corporation Contact: 044-24726052

Wall Papers KJK Wall Pearls Contact: 044-25330599 Wall Citi Contact: +91 9840230365

Audio Visual Onkyo Contact: 044-42111649 The Bose Store Contact: 044-28330970

Metal Craft Paras Metal Craft Contact: 044-25391239 Vega Metal Craft Contact: 044-28110133

Furniture Godrej & Boyce Mfg Contact: 044-66544444 Amson & Co Contact: 044-42920900

Plastic Water Tanks Sri Kamatchi Traders Contact: 044-24750545 Infra Industries Contact:044-32946372

Blinds Tec Window Solutions Contact : 044-26543509 Aalfa Blinds Contact: +91 96772230623

Carpet Unitex Carpet Contact: 044-24729536 Ashwin Carpets Contact: 044-24983110

Granite & Marble Palani Marbles & Granites Contact: 044-23782429 Goyal Granite & Marbles Contact: 044-65184116

Water Amaravathi Water Suppliers Contact: +91 9840466606 Babu Water Suppliers Contact: 044-26265266

Roofing Sheets Saro Steel Contact: 044-25354333 Roofing House Contact: 044-26691408

Concrete Blocks Aeon's Construction Products Contact: 91 44 42172400 Balaji Concrete Products Contact: 044-42020911

Curtains Curtains by Rashtogi Contact: 044-28151431 Indroyal Curtains Contact: 044-28268966

Flooring - Wooden/Tiles Aashi Flooring & Decors Contact: 044-24983110 Wintek Floor & Decors Contact: 044-24732887

Children Play Equipment Dynamic Marketing Contact: 044-26285447 Habicco Sports Contact: 044-28544072

Plywood & Veneers K B Aluppy Contact : 044-28474277 Pandian Timber depot Contact: 044-28445749

Ready Mix Concrete ACC Ready Mix Concrete Contact : 044-26193456 RDC Ready Mix Concrete Contact : 044-26802041

Home Security System VG Electronics Contact: +91 9381009080 Access Security Systems Contact: 044-32219146

Kitchen Components Faber Galleria Contact: 044-28110932 Impulse India Contact: 044-243306666

Inverter Microtek Power Control Contact: +91 9282115050 Numeric Power Systems Contact: +91 9841053044

Wire Mesh Ashok Hardware Contact: 044 25354958 Nitin Wire Neting Contact: 044-25321159

Elevator Companies Otis Elevator Company I Ltd Contact: 044-24321762 Supriya Elevator India Pvt Ltd Contact: 044-25510363

60

Chennai Realty October 2012

www.chennairealty.biz


Chennai’s No.1 Real Estate Maga zine

SUBSCRIBE TODAY !

960

740

3 Years

480

1440

ER

AG

E

EC EL LE NT EX

R

2 Years

1 Year

September 2012 AV

O PO

40

200

FAIRLY GOOD

Balsingh George

Check your Cr edit! Project of the Mont h

North Town

Projects

Plus

Savings

240

Personality of the Month

Personality of the Month

Subba Reddy

Chennai's Top 100

Special Offer (`)

6 Months

GOOD RY D VE O O G

CIBIL

Project of the Mont h

TVH - Ouranya Bay Chennai's Top 100

Subscription Form

` 40

Vol : 2 Issue : 4

W E LO AG BE ER AV

BUILDING RE GULATION & VIOLATION S: WHAT TO AVOI D!

Plus

   

Chennai’s No.1 Real Estate Maga zine October 2012

Please indicate the term for which you would like us to supply the Magazine...

Tick your Subscription Actual Choice Term Rate (`)

` 40

Vol : 2 Issue : 5

Projects

Name (Mr/Mrs/ Ms) :

...........................................................................

Company :

...........................................................................

Designation :

...........................................................................

Delivery Address :

........................................................................... ...........................................................................

380

100

City :

........................... State : ..................................

Pincode :

......................... Mobile: ..................................

1090

350

Tel. no. :

...........................................................................

E-mail ID :

...........................................................................

220

Cheque DD Cash Mode of Payment : Cheque / DD No: ................................ Dated: ............................... Drawn on Bank: ................................ favouring ‘Dimension Four Infomedia India Private Limited’ for Rs ....................... (kindly add Rs. 50/- for cheque payable outside chennai)

Terms & Conditions : Your subscription will start from the next available issue. No cancellation will be entertained of the subscription. Dimension Four Infomedia India Private Limited reserves the right to extend, cancel or discontinue the offer. Though Dimension Four Infomedia India Private Limited will take utmost care to dispatch the copies safely Dimension Four Infomedia India Private Limited does not take the responsibility of any postal and damaged copies dispatched. For more information contact Dimension Four Infomedia India Private Limited subscription department. The company at its absolute discretion and without further notice may discontinue, publication of the magazine and in the in the event of such discontinuation, we shall refund the subscription amount for the unexpired amount for the unexpired term only, without any interest, cause and consequence.

Subscribe online: http://www.chennairealty.biz/subscribe.php

or Mail subscription form attached in our magazine along with your cheque / DD to: Dimension Four Infomedia India Private Limited, No. 30-32, Subramaniyam Street, Abhiramapuram, Chennai - 600 018. Tel. No. 044-45671155 For further details,

Contact: +91 87544 89129  subscription@chennairealty.biz

Home Loan Reckoner BANK

Loan Amount Below ` 25 lakhs

Loan Amount Above ` 25 lakhs

5 yrs

10 yrs

15 yrs

20 yrs

5 yrs

10 yrs

15 yrs

20 yrs

State Bank of India Allahabad Bank Bank of India Andhra Bank Union Bank of India Indian Overseas Bank Vijaya Bank Central Bank of India Axis Bank Canara Bank Corporation bank Bank of Baroda Indian Bank Oriental Bank of Commerce Punjab National Bank ICICI HDFC IDBI HSBC South india Bank DCB Bank LIC Hfl India Bulls Sundaram Home Finance Ltd

10.50 11.25 10.50 11.50 10.50 11.00 10.80 10.50 10.75 11.00 10.50 11.25 10.75 10.75 10.75 10.50 10.50 10.50 10.50 13.90 11.50 10.40 10.50 10.95

10.50 11.50 10.50 11.75 10.50 11.25 11.05 10.50 10.75 11.25 10.75 11.25 10.75 10.75 10.75 10.50 10.50 10.50 10.50 14.15 11.50 10.40 10.50 10.95

10.50 11.75 10.50 12.00 10.50 11.25 11.30 10.50 10.75 11.25 10.75 11.50 11.00 11.00 10.75 10.50 10.50 10.50 10.50 14.15 11.50 10.40 10.50 10.95

10.50 12.00 10.50 12.00 10.50 11.25 11.30 10.50 10.75 11.25 10.75 11.50 11.00 11.00 10.75 10.50 10.50 10.50 10.50 14.15 11.50 10.40 10.50 10.95

10.75 12.00 10.75 11.75 10.75 11.25 11.55 10.75 11.00 11.00 10.75 11.50 11.00 11.00 10.75 11.00 10.75 11.00 11.00 14.40 11.50 10.40 10.75 11.20

10.75 12.25 10.75 12.25 10.75 11.50 11.80 10.75 11.00 11.25 11.00 11.50 11.00 11.00 10.75 11.00 10.75 11.00 11.00 14.65 11.50 10.40 10.75 11.20

10.75 12.50 10.75 12.50 10.75 11.50 12.05 10.75 11.00 11.25 11.00 11.75 11.25 11.25 10.75 11.00 10.75 11.00 11.00 14.65 11.50 10.40 10.75 11.20

10.75 12.75 10.75 12.50 10.75 11.50 12.05 10.75 11.00 11.25 11.00 11.75 11.25 11.25 10.75 11.00 10.75 11.00 11.00 14.65 11.50 10.40 10.75 11.20

Syndicate Bank

10.50

10.50

10.50

10.50

10.75

10.75

10.75

10.75


City Musing Nature’s Kalamkari Inspirations Till October 14, 2012

A ART Kaivalam

maara presents an exclusive exhibition of hand-painted fabrics with vegetable dyes, inspirations from mother-nature including tree of life, beautiful swans and more... Also on offer are exclusive terracotta jewellery to elegantly accessorise the range of salwar suits in cotton, silk, nets and crepes.Range is priced at Rs 2500 onwards. Amaara, 27/14 CV Raman Road, Alwarpet.Contact: 044-45000020

S P E N D

October 7-10, 2012

K

aivalam – the World Craft Summit – will take place in Chennai from October 7-10, 2012. The programmes will include seminar and panel discussions, meeting master craftsmen from around the world and an International Craft Expo and Crafts Bazaar. There will also be a jewellery and textile exhibition. This exhibition will bring together the works of several artists including Asma Menon, Kirti Chandok, Sishir Sahanav and Rajashekar Nair to name a few. Nearly 13 galleries across the city are participating in this festival including Artworld, Apparao Galleries, Forum Art Gallery and Prakrit to name a few. Each of them is displaying a variety of works including crafted furniture, puppetry craft, stone art and Chettinad basketry to name a few. For more details visit www.kaivalam.com

DINE

Beyond Boundaries Till October 7

T

he T20 fever is on again and you catch the best of the Super 8 and Finals at the Leather Bar at The Park, Anna

Salai and Distil at Vivanta by Taj – Connemara with special packages on food and beverage. Come with your gang of friends and enjoy a fun evening out. The offers are on domestic spirits and snacks. There are also special offers to be won such as a batch of shooters and free dinner for the best cheer squad. Leather Bar, The Park, Anna Salai. Contact: 044-42676000 Distil, Vivanta by Taj – Connemara, Binny Road. Contact: 044-66000000

Scottish Dance Theatre October 21, 2012

S

cottish Dance Theatre will be on their India tour between October 18November 4, 2012 to undertake a programme of performances, as well education, skills-sharing, and participation activities in association with Indian partners in Chennai, Bengaluru, New Delhi and Kolkata. Scottish Dance Theatre (SDT) is Scotland’s principal contemporary dance company and is part of Dundee Rep Theatre. SDT’s performances in India will feature work from three of the most dynamic and talented UK-based choreographers - Hofesh Shechter (performance titled DOG), Liv Lorent (performance titled LUXURIA) and James Wilton (performance titled Drift), all highlighting a range of different approaches to dance, offering audiences an entertaining programme of the highest quality. Tickets will be available at The British Council & all Full Circle Book Stores. Sir Mutha Venkatasubba Rao Concert Hall, Harrington Road, Chetpet

62

Chennai Realty October 2012

ENGAGE www.chennairealty.biz


Miss this opportunity at your own risk!

Semi-Independent Villas@Tambaram ` 3600/per sqft

Just 2 Kms from Tambaram Railway Station

Staying g�ounded never felt better! 



Owning an independent house has always been your dream. Now DL Ipshita gives you an opportunity to own a piece of your haven, in a calm and serene location, so close to the city that you enjoy the best of both worlds – convenience and lifestyle. Located a mere 2 kilometers from Tambaram railway station, Ipshita offers 16 spaciously planned and aesthetically designed semi-independent 4-Bedroom Villas spread over 20,000 square feet of land within CMDA-approved Arul Nagar layout in Tambaram.

044 - 4567 4242 30, 31, 32, Subramaniyam Street, Abiramapuram, Chennai - 600018. Email: info@myproptree.com

Loans From

REGISTERED WITH THE REGISTRAR OF NEWSPAPER FOR INDIA UNDER NO. TNENG/2011/0086 POSTAL REGISTRATION NO. TN/CH(N)/326 CHENNAI REALTY.BIZ October 2012


Chennai Realty, Chennai's No.1 Real Estate Magazine  

October 2012 Issue

Advertisement
Read more
Read more
Similar to
Popular now
Just for you