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October 2012 Issue
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Vol : 2 Issue : 5 October 2012
Chennai’s No.1 Real Estate Magazine ` 40
Personality of the MonthBalsingh George
PlusChennai's Top 100 Projects
Project of the MonthTVH - Ouranya Bay
Building Regulation & Violations:
What to aVoid!
Building Regulation & Violations:
What to aVoid!
Editor & PublisherKishore [email protected]
Editorial ConsultantInkWell Publishing
Production ManagerPrasanna Venkatesh+91 98403 [email protected]
Design ArtistNandha Gopala Krishnan
Sales ManagerSofia Pinky+91 [email protected]
SubscriptionNancy+91 [email protected]
PhotographyDharma Prakash
Website DeveloperVinzing Designswww.chennairealty.biz
Circulation HeadRadha Krishnan+91 8754489128
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.
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.
Marketing & Registered OfficeNo. 30-32, Subramaniyam Street,
Abhiramapuram, Chennai - 600 018Contact: 044-45671177-85
Printed by Srikals Graphics Pvt Ltd
TNENG/2011/0086
Editor’s NoteDear 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™
18
industry Focus18 Project of the Month
Ouranya Bay by True Value Homes, which stands 29 floors high, offers affordable housing with world-class amenities
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!
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 use08 Realty Bytes
Byte-sized info on the latest buzz in town
46 Chennai’s Top 100 Projects A one-stop ready reckoner for the potential homebuyer
58 Cityscape Chennai’s residential and commercial price trends
62 City Musing Lots happening in Chennai this month
Features22 Comfort Zone
Entrepreneur Rafiq Sait of Gatsby shares is ‘garden-office’ with us
24 Trend Turner Here’s how you can re-design your bathroom within a budget
26 Vaastu Speaks Plants are also affected by Vaastu
28 Health 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 Show 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 Tech 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 DIY Grill using a charcoal grill
45 Star Struck Here’s what your stars have to say about finance, investments and buying properties
12 WHAT'S HOT:Chennai Realty gives
you the low-down on
building regulations and
violations: What to avoid!
PREViEW
223618
12
YOUR BIGGESTDREAM HAS COME TRUE
Residential FlatsMogappair
Time to unwind
Fine LivingSpice it up
Do Not Disturb
Swimming Pool (on Terrace)
A/C Gym
Pool Table
Sewage Treatment Plant
Landscaped Garden & Terrace
Video Security system
Backup Power Generator
Amenities
INDUS FOUNDATIONS58 (Old # 15), Y-Block, 5th Avenue, Anna Nagar, Chennai - 600040.
2 & 3 BHK
1142-1292 Sq.ft.
Ph: 95662 44221 | 95000 39393 | 98408 [email protected] | www.indusfoundations.com
Realty Bytes
Move against land registration fraud
In 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.
Residents 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, corporation officials said acquiring these lands was tough. A senior official said: “The spaces identified for the 100 parks in eight zones include small parks, Open Space Reservation (OSR) land and vacant places.”
Land identified for 100 parks in suburbs
According 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.
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-Vi-Ka 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. HERE IS A LIST OF SOME OF THE PLACES SELECTED FOR THE PARKS
Thiruvottiyur: Shanmuganar, I. Thalankuppam, NettuKuppam, Kathivakkam and Thiruvottiyur
Manali: Near division 17, II. CPCL Layout, Chinnamathur, JalakandaMariammanKovil, PeriaMathur and Chinasamy Nagar Madhavaram: Gurusanti Nagar, EMS III. Street Park, Ring Road housing and Siva Sakthi Nagar Ambattur: Ram Nagar Park, Lenin IV. Nagar Park, Gandhi Nagar Main Road, ThangalEri, Krishnapuram Park, Thiruvenkadam Nagar, Ambattur& West Balaji Nagar Valsaravakkam VGN Nagar, MGR V. Engineering College, Metro Nagar, Sabari Nagar, Giri Nagar, Jai Balaji Nagar, Amman Nagar and K P NagarAlandur, AGS Colony, Sundar Nagar, VI. River View Colony, SB Colony and Railway Colony Perungudi, AGS Colony, Telephone VII. Nagar, Rajiv Nagar and VGP Layout Sholinganallur, Worker Estate, Shakthi VIII. Nagar and Secretariat Colony
www.chennairealty.bizChennai Realty October 2012 8
Numbers in black indicate how
many parks will come up in a zone (in red)
CHENNAI
67
9
22
19
13
10
14
VIII
VII
VI
V
IV
IIIII
I
Realty Bytes
LIC 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.
LIC Housing Finance to fund builders
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 94-95 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.
Despite the violence in the Suzuki plant at Manesar in July, the Japanese have no second
thoughts about investing in a multi-billion 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
Japan to invest in Chennai-Bangalore industrial corridor
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,
www.chennairealty.biz
Bangalore and Sriperumbudur and ports in Chennai and Ennore, a high-speed rail between Chennai and Bangalore and the Avadi rail link.
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Realty Bytes
While NRI remittance grew 24 percent during the last quarter of 2011-12, 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
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.
Surge in NRI realty demand
The 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.
BASF to set up facility in Chennai
Even as nominal savings of households fell an estimated 2 percent year-on-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.
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.
Households buy less gold, invest more in equity
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Housing & 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 non- salaried 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
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.
Hudco to offer housing loans for salaried
The 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.
Banks told to give 1% interest SOP for home loans up to `15 lakh
Consultancy 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
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.”
FDI in retail will attract investments
Realty Bytes
www.chennairealty.bizChennai Realty October 2012 12
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
Building Regulation & Violations: What to aVoid!
Building Regulation & Violations: What to aVoid!
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What's Hot
The definition for development ‘varies with the type of development envisaged- spatial, 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
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 controlThe 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 RegulationsIn 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,
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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
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 urbandevelopments 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 HighTide 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 CRZ- I 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 ‘NoDevelopment 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
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.
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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) UthandiIn 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.
(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,
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
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.
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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. 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
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
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.
The following are the land use zones designated in the Master Plan.
Primary Residential use zone 1.
Mixed Residential use zone 2.
Commercial use zone 3.
Institutional use zone 4.
Industrial use zone 5.
Special and hazardous Industrial 6. use zone
Open space and Recreational use 7. zone
Agriculture use zone 8.
Non Urban use zone 9.
Urbanisable use zone10.
Project of the Month
Ouranya Bay by True Value Homes, which stands 29 floors high, offers affordable housing with world-class amenities says Richa Tilokani
Beautiful Homes at affordaBle rates
The 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
ResidencesThe 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 SpecificationsOuranya 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.
LocationOuranya 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 ProfileTrue 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 sqft2 & 3 BHK
Unit Cost `40 lakhs onwards (excluding car park and other charges)
Amenities - 7 Storey Clubhouse of 75,000 sqft
- Sky Garden & Swimming Pool
- 4,000 sqft Restaurant- Children’s Play Area- 5,000 sqft Banquet Hall
Completion Date
- Dec 2012
Oliver Modular Doors
Manufactured with latest
CNC machines, German Technology
to Retrofit the Frame after the site is
95% Complete
Fully Factory Finished, Fit & Forget
Doors
Solid Wood Doors
1.
Veneer Flush Doors2.
Hollow Core with Honeycomb
3. Sandwich Panel Doors
Masonite Skin Doors with German
4. Densified Chip in Fill
Triple Glazed Decorative Glass Panel
5. from Canada
Specialized Door for Hotels & Resorts
6.
Specialized Stretcher Proof Hospital
7. Doors
Mark of a good apartment is a good door...
Oliver Interiors4/301, Old Mahabalipuram Road, Chennai - 600 096, TN, India. Telephone: +91 9840876377, 044-2454 3314/15/16E-mail: [email protected] Website: www.oliver.net.in
The Doors of Fortune
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Comfort Zone
The 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
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!
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.
Charming by Design
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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 relaxing-enough to make you forget all your tensions. It offers the best of both worlds and indeed, Rafiq would not want it any other way.
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.
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 PaintIt’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.
E-mail: [email protected]
RBS Modulars & RBS DoorsModular Kitchens & Wardrobes - Specialist in Rubber Wood Doors
Contact: 9940264697 Address: No. 23F, 22nd Street, �irumal Nagar, Kolathur, Chennai - 99 www.chennairealty.bizChennai Realty October 2012 24
The 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.
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
Designer Bathrooms on a Budget
Replace the HardwareBecause 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.
E-mail: [email protected]
RBS Modulars & RBS DoorsModular Kitchens & Wardrobes - Specialist in Rubber Wood Doors
Contact: 9940264697 Address: No. 23F, 22nd Street, �irumal Nagar, Kolathur, Chennai - 99
Designer Bathrooms on a Budget
Update your cabinets without having to replace it with a coat of paint or re-staining. It works wonders.
Get Creative with Your TextilesYour 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 LightingChange 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 GroundThe 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.
Trend Truner
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Each Area of a Garden Is Associated With One of the Five Elements-
The 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.
Go Green with VaastuLooking to grow a home garden that is vaastu-compliant? Here are some easy tips
Vastu 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
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Vaastu Speaks
Planting Trees and Foliage According To Vastu for Garden
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.
Tulsi or Basil North, North-east or East direction
It’s advisable to grow Basil on each side of a pathway stretching from the main gate to the entrance of a house.
Creepers The exteriors of a building Avoid using the compound wall or the building for support. Creepers should only be grown in the garden and must have their own support.
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.
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.
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
Bird’s nest or a pet’s house
North-west corner -
Planting thorny plants is Dprohibited inside or outside a house
Fruit bearing trees must be Davoided
Milk bearing trees are Dprohibited
Remove dry leaves, creepers, Dand overgrown shrubs regularly
Banyan and fig must only be Dplanted in temples
Trees must never be planted in Dthe center or front of a house
TreesCoconut D
Sandalwood D
Lemon D
Almond D
Pineapple D
Jackfruit D
Mango D
Bakul D
Azadirachta indica D
PlantsBasil D
Jasmine D
Pomegranate D
Frangipani D
Champaca D
Chrysanthemum D
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.
Auspicious plants and trees as Per vaastu for a garden
Things to Be Avoided
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Health Quote
Indoor Air PollutantsPollutants that can affect air quality in a home come under the following categories:
Particulate matter that includes Ddust, 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.
Gaseous pollutants that come Dfrom 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.
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
Guide to Home Air Cleaners
Indoor 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
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.
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 RemovalTwo types of air cleaning devices can remove particles from the air — mechanical air filters and electronic air
Health Quote
The chart below provides a brief summary of air cleaning technologies and the pollutants they are designed to control.
Air Cleaning Technologies Pollutants Addressed Limitations
Filtration 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.
Other Air Cleaners
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 RemovalGas-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 DestructionSome 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 CleanersPortable 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.
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Show Space
The 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.
Interestingly eclecticCrust, Asharaa’s own delicatessen, occupies the frontal space with dark wood furniture and flooring, creating a cosy yet charming ambience.
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.
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.
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
A Contemporary Statement
Conversation startersThe 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 metalBut, 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
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Ponder on these points before you start re-decorating your room:
Have a clear idea of what you want. DThis is your space and you need to live here, eventually.
It is also important to know what you Ddon’t want and communicate this effectively to your designer.
Give the designer their creative space. D
Take a stock of your requirement, Dnot just currently but also making a provision for the future.
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.
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
Before you begin
“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
Chennai Realty October 2012 32
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What unique aspects would you like buyers to be familiar with?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.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.
You also talk about redefining luxury. What exactly do you mean by that?In my grandfather’s house – he was a very resourceful man – there was only one air-conditioner. 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.
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
Personality of the Month
Personality of the Month
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
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.
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.
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-
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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.
Personality of the Month
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While buying a property, it is important to ask relevant questions to know what exactly you need to pay for
Get Property Price Perfect
Apart 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 marketThe 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
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
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
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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 marketA secondary market comprises of properties that are either re-sold or have changed titles more
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.
Smart Money
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If 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
With the basement becoming one of the most versatile spaces, the age-old technology of using light tubes is coming back in a big way
Back to the Future!
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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
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.
Suitable for company / Non Pollution factory, Fabrication Company, Godown, Warehouses, Logistics Company, Hotel, Technical Institute.
Very close to Dr. Cherian Medical Village, Elavoor, & SRI CITY SEZProperty for sale on NH-5
7.5 grounds3 phase
electricity
` 98 Lakhs
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
4000 sq.ft & Price 98 lakhs
www.chennairealty.bizChennai Realty October 2012 40
Policy Police
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
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
Of Duplicate Sale Deeds
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.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.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.
A 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.
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www.chennairealty.bizChennai Realty October 2012 42
Get Help
The 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
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 sub-registrar'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
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.
Get the Documents RightYou have zeroed in on a piece of property that you really like. You plan to buy it. What do you do next?
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South 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 middle-income 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
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
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.
Now, future proof your home
Event Meter
www.chennairealty.bizChennai Realty October 2012 44
DIY
Grilling 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.
InstructionsMake sure your charcoal barbecue grill 1. is set up away from items that could be burned or melted by the heat of the grill.Clean out any ashes or partially burned 2. pieces of charcoal from the grill.Put charcoal in your grill by pilingit in the 3. center.Use charcoal lighter fluid or kerosene. Be 4. sure to put the fluid away before lighting the flame. Carefully light your charcoal. Once it is 5.
Grilling is one of the most basic forms of cooking and yet skillful
burning well, you can use a tool to spread it around a bit.Keep the lid on your grill open until the 6. charcoal starts to get white around the edges, approximately 20 minutes. Use this time to finish preparing your food for grilling.Place the grill grate over the coals and 7. close the grill cover.Use a brush to coat the grate with oil; this 8. will help keep food from sticking.Place meat or other items on the grate 9. over the coals. Place the thickest cuts over the hottest part of the fire.Do not use a fork to flip meat. Use tongs 10. or a spatula to flip grilled items.This keeps the juices inside so that the meat stays juicy.
Tips & WarningsCut-up vegetables can be placed in �aluminum foil along with olive oil or butter and some spices for grilling so you don't
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.
Using a Charcoal Grill
www.chennairealty.biz Chennai Realty October 2012 45
You 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.
Star Struck
Aquarius (January 20 - February 18):
Pisces (February 19 - March 20):
Aries (March 21-April 19):
Taurus (April 20 - May 20):
Gemini (may 21 - June 20):
Cancer (June 21 - July 22):
Leo (July 23 - August 22):
Virgo (August 23 - September 22):
Libra (September 23 - October 22):
Scorpio (October 23 - November 21):
Sagittarius (November 22 - December 21):
Capricorn (December 22 - January 19):
Saturn, 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.
Placement 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.
For 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.
Black 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!
This 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.
This 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.
The 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.
This 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.
Builders, 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.
Though 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.
For 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.
www.chennairealty.bizChennai Realty October 2012 46
Chennai - NorthTop 100 Projects
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
Mahidhara Central Location - PoonamalleeType of Units - 2 & 3 BHK No. of Units - 1500Area - 800 - 1,508 sqft Completion - December 2013Price Range - ` 25 - 55 lakh Amenities - CH, GYM, SP & SFBuilder - MahidharaWebsite - www.mahidhara
projects.com
ContaCt: 044 - 4566 4444
Mystiq Location - PurasawalkamType of Units - 4 BHK & 4 Duplex No. of Units - 12Area - 2,100 & 2,660 sqft Completion - December 2012Price Range - ` 2.75* crore Amenities - SP, GYM & CPBuilder - Vijay ShanthiWebsite - www.vijayshanthi
builders.com ContaCt: 044 - 4000 4625
aspeCts Location - KoratturType of Units - 3 BHK No. of Units - 24Area - 1,661 - 1,676 sqft Completion - June 2013Price Range - ` 1.35 crore onwards Amenities - MPH & SFBuilder - Land markWebsite - www.ourlandmarks.com
ContaCt: 044-4343 8282
Meadow Ville Location - KolathurType of Units - Villas No. of Units - 244Area - 934 - 1,297 sqftCompletion - May 2013Price Range - ` 27 - 45 lakh Amenities - KPA, CH, SEC & MPHBuilder - Sare JubileeWebsite - www.meadowville.co.in
ContaCt: +91 90031 33226
Golden opUlanCe
ContaCt: 044 - 2621 3388
Location - Poonamallee Area - 690 - 2,067 sqft Builder - Golden Homes
Type of Units - 2 & 3 BHK Price Range - ` 27 lakh onwards Completion - December 2014No. of Units - 815 Amenities - SP, CH, KPA, GYM & MPH Website - www.goldenhomes
chennai.com
Location - PoonamalleeType of Units - 1, 2 & 3 BHK No. of Units - 644Area - 515 - 1,060 sqft Completion - December 2015Price Range - ` 15.5 lakh onwards Amenities - GYM, SF, MPH & KPABuilder - KG FoundationsContact - 044 - 2499 3371
K G Centre point
Location - KilpaukType of Units - 3 BHKNo. of Units - 12Area - 1,810 sqft Completion - Ready to occupyPrice Range - ` 2.5 crore Amenities - CP, PWB & SECBuilder - Newry PropertiesContact - 044 - 2628 5278
newry-saMpreeti
Location - AvadiType of Units - 1,2,2.5 & 3 BHK No. of Units - 18Area - 510 - 1,070 sqft Completion - April 2013Price Range - ` 13.5 - 27 lakh Amenities - PWB, CP, & RWHBuilder - PK BuildersContact - +91 99403 33328
GoldMine hoMes
Location - TondiarpetType of Units - 1 BHK No. of Units - 170Area - 597 sqftCompletion - December 2013Price Range - ` 27 - 28 lakh Amenities - MPH, PWB & KPABuilder - Emaar MGF land ltdContact - +91 98405 45602
GraCe
north town
ContaCt: +91 73737 37315
Location - Perambur Area - 650 - 1,396 sqft Builder - Arihant/Unitech/PVPType of Units - 1, 2 & 3 BHK Price Range - ̀ 35.27 lakh -
1.2 croreCompletion - December 2013
Amenities - All Amentites Website - www.northtown.co.inNo. of Units - 2,470(Released still Now)
onwards
www.chennairealty.biz Chennai Realty October 2012 47
Chennai - North Top 100 Projects
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
the Metropolitan Location - MogappairType of Units - 2 & 3 BHK No. of Units - 64Area - 1,142 - 1,292 sqftCompletion - December 2012Price Range - ` 56 - 64 lakh Amenities - GYM, SP, STP & GPBBuilder - Indus FoundationsWebsite - www.indusfounda-
tions.com
ContaCt: +91 95662 44221
palMGroVe
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 - 2014No. of Units - 1556 Amenities - CH,SP,KPA & GYM Website - www. godrejproperties.
com
VGn stafford Location - AmbatturType of Units - 1, 2 & 3 BHK No. of Units - 1,286Area - 572 - 1,576 sqft Completion - December 2014Price Range - ` 24 lakh onwards Amenities - All AmenitiesBuilder - VGN DevelopersWebsite - www.vgn.in
ContaCt: +91 96000 10044
orChid sprinGss Location - KoratturType of Units - 1.5, 2, 2.5 & 3 BHK No. of Units - 2,100Area - 692 - 2,436 sqft Completion - December 2014Price Range - ` 37 lakh - 1.5 crore Amenities - CH, SP, SF, KPA & GYMBuilder - Alliance GroupWebsite - www.alliancein.com
ContaCt: 044 - 3045 1200
parK tower Location - Anna Nagar WestType of Units - 2 & 3 BHK No. of Units - 162Area - 1,235 - 1,988 sqft Completion - March 2014Price Range - ` 1.2 - 2.1 crore Amenities - KPA, GYM, MPH & SFBuilder - Newry PropertiesWebsite - www.newry.co.in
ContaCt: 044 - 4260 2577
santha towers
ContaCt: 044 - 2225 2226
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 2013No. of Units - 508 Amenities - CH, GYM, SP & MPH Website - www.santhatowers.
com
Location - KoratturType of Units - 2 & 3 BHK No. of Units - 24Area - 997 - 1,281 sqft Completion - October 2013Price Range - ` 71 - 85 lakh Amenities - LIFT, PWB, GYM & CCPBuilder - Rajus Flat PromotersContact - +91 95510 88446
rajU’s Galaxy
Location - PoonamalleeType of Units - 2, 2.5 & 3 BHK No. of Units - 108Area - 1,024 - 1,940 sqft Completion - March 2014Price Range - ` 80 lakh - 1.30 crore Amenities - MPH, SP, PWB & GYMBuilder - S & S FoundationsContact - 044 - 2815 0066
solitare
Location - KallikupamType of Units - 2 & 3 BHK No. of Units - 50Area - 869 - 1,339 sqft Completion - December 2014Price Range - ` 36 - 57 lakh Amenities - LIFT, PWB, KPA & GYMBuilder - Awesome BuildersContact - +91 90922 22221
the orChard
Location - ThirumullaivoyalType of Units - 2 & 3 BHK No. of Units - 176Area - 870 - 1,145 sqft Completion - Ready to occupyPrice Range - ` 32 - 42 lakh Amenities - GYM, LIFT & PWBBuilder - RC Pvt. LtdContact - 044 - 2674 8888
rC royal Grande
www.chennairealty.bizChennai Realty October 2012 48
Chennai - CentralTop 100 Projects
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
CoMMander’s CoUrt Location - Ethiraj SalaiType of Units - 3 & 4 BHK No. of Units - 356Area - 1614 - 4049 sqft Completion - December 2013Price Range - ` 3 – 6 Crores Amenities - CHBuilder - DLFWebsite - www.dlf.in
ContaCt: +91 98840 60955
dlf - Garden City Location - ShollinganallurType of Units - 2 & 3 BHK No. of Units - 1, 200Area - 1,212 - 2,000 sqft Completion - Ready to occupyPrice Range - ` 65 - 98 lakh Amenities - CH, SP & KPABuilder - DLFWebsite - www.dlf.in
ContaCt: +91 98840 60955
atlantis Location - Nelson Manickam RdType of Units - 1, 2, 3 & 4 BHK No. of Units - 42Area - 726 - 2,023 sqft Completion - November 2013Price Range - ` 1.3 - 5 crore Amenities - MPH, GYM & HCBuilder - RWDWebsite - www.rwd.in
ContaCt: +91 98409 06668
bhaGGyaM aUra Mills Location - ThoraipakkamType of Units - 2 & 3 BHK No. of Units - 40Area - 1,231 - 1,546 sqft Completion - November 2012Price Range - ` 82 - 99 lakh Amenities - GYMBuilder - Bhaggyam foundationsWebsite - www.bhaggyam.com
ContaCt: +91 87544 44402
jains pebble brooK
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 2013No. of Units - 620 Amenities - All Amenities Website - www.jainhousing.com
atriUM
ContaCt: 044 - 4000 0300
Location - Perungudi Area - 976 - 1,152 sqft Builder -Urban Tree InfrastructuresType of Units - 2, 2.5, 3 & 3.5 BHK
Price Range - ` 44 lakh onwards Completion - December 2012
No. of Units - 80 Amenities - CH Website - www.urbantree.in
Location - ThoraipakkamType of Units - Villas No. of Units - 24Area - 2,800 - 3,200 sqft Completion - Ready to OccupyPrice Range - ` 3.02 - 3.65 crores Amenities - SP, KPA, CP & MPHBuilder - Tangirala InfrastructureContact - 044 - 2496 3234
ananta
Location - PerumbakkamType of Units - 2 & 3 BHK No. of Units - 39Area - 1,200 - 2,338 sqft Completion - January 2014Price Range - ` On request Amenities - MPH, KPA, GAR & PWBBuilder - Sreenivas HousingContact - +91 95001 22754
enriCo
Location - PerungudiType of Units - 2 & 3 BHKNo. of Units - 316Area - 954 - 1,800 sqft Completion - December 2012Price Range - ` 65 lakh - 1.2 crore Amenities - KPA, GYM, ATM & SP Builder - Anaand EstatesContact - +91 72999 20022
aashritha
Location - Perungudi Type of Units - 2 & 3 BHKNo. of Units - 40Area - 1,400 - 1,750 sqftCompletion - April 2013Price Range - ` 54 - 92 lakhAmenities - CPBuilder - JBM SheltersContact - 044 - 2264 3964
MUdra
www.chennairealty.biz Chennai Realty October 2012 49
Chennai - Central Top 100 Projects
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
harshaM Location - ThoraipakkamType of Units - 2 & 3 BHK No. of Units - 20Area - 1,145 - 1,585 sqft Completion - September 2013Price Range - ` 70 - 99 lakh Amenities - GYM, CCP & PWBBuilder - BBCLWebsite - www.bbcl.in
ContaCt: +91 95510 77999
Maple
ContaCt: +91 98848 30000
Location - Adyar Area - 1,400 - 1,713 sqft Builder - Casa Grande
Type of Units - 1, 2, 3 & 4 BHK Price Range - ` 1.5 - 2 crore Completion - June 2013No. of Units - 16 Amenities - LIFT & CP Website - www.casagrande.in
Location - ChemmencheryType of Units - 2 & 3 BHK No. of Units - 70Area - 700 - 1,450 sqft Completion - January 2013Price Range - ` 30 - 70 lakh Amenities - GYM, SP, CP & SMBuilder - Silver Line BuildersContact - +91 99520 55555
silVer line
trinity Garden phase ii Location - ThoraipakkamType of Units - 1 & 2 BHK No. of Units - 136Area - 652 - 973 sqft Completion - September 2012Price Range - ` 27 - 40 lakh Amenities - CH, SP & KPABuilder - Urban TreeWebsite - www.urbantree.in
ContaCt: 044 - 4000 0300
KG eyes eternity Location - Besant NagarType of Units - 2 & 3 BHK No. of Units - 86Area - 1,170 - 1,735 sqft Completion - November 2012Price Range - ` 1.75 - 2.75 crore Amenities - SP, GYM, KPA & SFBuilder - KGEyes ResidencyWebsite - www.kgeyes.com
ContaCt: 044 - 2431 3939
jashn Location - EgmoreType of Units - 3 BHK No. of Units - 8Area - 2,750 sqft Completion - March 2013Price Range - ` 5.91 crores onwards Amenities - GYM, SP & KPABuilder - Arihant FoundationsWebsite - www.arihantfoundations.
comContaCt: 044 - 4224 4444
VertiCa
ContaCt: 044 - 4343 8282
Location - Gopalapuram Area - 2,300 - 4,500 sqft Builder -Landmark
Type of Units - 3 & 4 BHK Price Range - ` 4 - 8 crore Completion - On requestNo. of Units - 82 Amenities - KPA, SF, CH & SP Website - www.ourlandmarks.com
Location - Teynampet Type of Units - 3 BHKNo. of Units - 12Area - 1,515 - 1,640 sqftCompletion - On requestPrice Range - ` 1.8 - 2 croreAmenities - GYM, MPH, KPA & SFBuilder - Agni EstatesContact - 044 - 2464 1777
poes pride
Location - Karapakkam Type of Units - 2 & 3 BHK & VillasNo. of Units - 320Area - 1,720 - 1,948 sqftCompletion - December 2012Price Range - ` 64 - 73 lakhAmenities - GYM, SP, SF & CPBuilder - Vaikund Estates Contact - 044 - 6455 8880
VaiKUnd’s sUndaraM
Location - AdyarType of Units - 3 BHK No. of Units - 10Area - 1,934 - 2,285 sqft Completion - June 2013Price Range - ` 2.1 crore onwards Amenities - PWB & LIFTBuilder - Casa GrandeContact - +91 98848 30000
white oaK
www.chennairealty.bizChennai Realty October 2012 50
Chennai - SouthTop 100 Projects
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
alpine Meadows Location - PallavaramType of Units - 2 & 3 BHKNo. of Units - 936Area - 957 - 1,570 sqft Completion - December 2012Price Range - ` 40 - 65 lakh Amenities - CH, SP, GAR & SFBuilder - Jain housingWebsite - www.jainhousing.com
ContaCt: +91 98408 77756
Crest Glen Ville Location - AnakaputhurType of Units - 2 BHK No. of Units - 10Area - 660 - 846 sqft Completion - March 2013Price Range - ` 24 - 32 lakh Amenities - CP & RWHBuilder - Crest Homes (P) LtdWebsite - www.cresthomes.in
ContaCt: +91 98848 69413
eden Gardens Location - TambaramType of Units - 2 & 3 BHKNo. of Units - 148Area - 800 - 1,200 sqftCompletion - On requestPrice Range - ` 35 - 50 lakh Amenities - SP, GYM, CH, KPA & SFBuilder - Evocon Pvt. ltdWebsite - www.evocon.in
ContaCt: +91 99406 78291
olyMpia Grande Location - Pallavaram - GST RoadType of Units - 1, 2, 2.5, 3 & 4 BHK No. of Units - 788Area - 658 - 1,600 sqft Completion - April 2015Price Range - ` 37 - 92 lakh Amenities - CH, SP, GYM & KPABuilder - Olympia GroupWebsite - www.olympiagroup.in
ContaCt: +91 72990 11110
Crest jade
ContaCt: +91 98848 69413
Location - Anakaputhur Area - 525 - 730 sqft Builder -Crest Homes (P) Ltd
Type of Units - 2 BHK Price Range - ` 17 - 24 lakh Completion - February 2013No. of Units - 12 Amenities - CP & RWH Website - www.cresthomes.in
dl ipshita
ContaCt: +91 87544 75207
Location - Tambaram East Area - 2,140 sqft Builder - DL Promoters
Type of Units - Villa Price Range - ` 75 lakhs Completion - 2013No. of Units - 16 Amenities - CP Website - www.dlpromoters.com
Location - SembakkamType of Units - 1, 2 & 3 BHK No. of Units - 364Area - 570 - 1,338 sqft Completion - December 2014Price Range - ` 29 - 68 lakh Amenities - SF, SP, GYM & KPABuilder - Asvini FoundationsContact - 044 - 3362 4462
aKila heiGhts
Location - KeelkattalaiType of Units - 2 & 3 BHK No. of Units - 118Area - 940 - 1,390 sqft Completion - October 2013Price Range - ` 55 - 75 lakh Amenities - GYM, MPH, CCP & LIFTBuilder - Mettupakkam
Foundations Pvt. LtdContact - +91 98400 96964
Mf orChid
Location - Medavakkam Type of Units - 1, 1.5, 2, 2.5 & 3 BHKNo. of Units - 348Area - 765 - 1,488 sqftCompletion - December 2013Price Range - ` 20 - 70 lakhAmenities - All AmenitiesBuilder - Vasavi Housing InfrastructureContact - +91 99406 26678
MajestiCa
Location - Tambaram WestType of Units - 1, 2 & 3 BHK No. of Units - 124Area - 440 - 1,200 sqft Completion - 2014Price Range - ` 14 - 36 lakh Amenities - KPA, GYM, ATM & PWBBuilder - Marutham GroupContact - 044 - 2481 4565
MarUthaM heritaGe
www.chennairealty.biz Chennai Realty October 2012 51
Chennai - South Top 100 Projects
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
pinnaCle Location - Tambaram EastType of Units - 1 & 2 BHKNo. of Units - 225Area - 694 - 1,005 sqft Completion - December 2012Price Range - ` 24 - 37 lakh Amenities - CCP & LIFT Builder - DL PromotersWeb - www.dlpromoters.com
ContaCt: +91 98408 50000
royal Castle Location - ChrompetType of Units - 2 & 3 BHKNo. of Units - 1,400Area - 363 - 2,100 sqftCompletion - March 2014Price Range - ` 23 - 70 lakh Amenities - SM, SCH & MPHBuilder - AmarprakashWebsite - www.amarprakash.in
ContaCt: 044 - 4000 5000
rainbow UtsaV Location - New PerungalathurType of Units - 2 & 3 BHKNo. of Units - 16Area - 700 - 1,225 sqft Completion - Ready to occupyPrice Range - ` 23 - 41 lakh Amenities - CH, SP, GAR, SFBuilder - Raindow FoundationsWebsite - www.rainbow
foundations.inContaCt: 044 - 2435 4647
sUndaraKand Location - MedavakkamType of Units - 2, 2+study & 3 BHK No. of Units - 120Area - 927 - 1,534 sqft Completion - December 2012Price Range - ` 40 - 53 lakh Amenities - CCP, GYM, KPA & MPHBuilder - Vishranthi homesWebsite - www.vishranthihomes.com
ContaCt: 044 - 2431 4515
rajKhaM aKash GanGa
ContaCt: 044 - 2372 7954
Location - Pallikaranai Area - 919 - 1,212 sqft Builder -Rajkham Builders (P) Ltd
Type of Units - 2 & 3 BHK Price Range - ` 42 - 54 lakh Completion - December 2013No. of Units - 87 Amenities - KPA, GYM, MPH,
CCP & SFWebsite - www.rajkhambuilders.com
raj paris Crystal sprinGs
ContaCt: 044 - 4567 4242
Location - Madambakkam Area - 645 - 2,130 sqft Builder -Rajparis
Type of Units - 1, 2 & 3 BHK Price Range - ` 37 - 44 lakh Completion - November 2012No. of Units - 510 Amenities - All Amenities Website - www.myproptree.com
Location - AlandurType of Units - 2 & 3 BHKNo. of Units - 98Area - 830 - 1,320 sqft Completion - April 2014Price Range - ` 63 lakh - 1 croreAmenities - KPA, SP, GYM & SFBuilder - Green PeaceContact - 044 - 4203 3111
silVer sprinG
Location - PallikaranaiType of Units - 1, 2, 3 & 4 BHK No. of Units - 3,500Area - 1,243 - 2,712 sqft Completion - March 2014Price Range - ` 55 lakh - 1.20 crore Amenities - CH, SP, SM & CCPBuilder - Puravankara Pvt ltdContact - 044 - 2499 7890
pUrVa winderware
Location - Urapakkam Type of Units - 1, 2 & 3 BHKNo. of Units - 214Area - 607 - 1,730 sqftCompletion - December 2013Price Range - On requestAmenities - GYM, SP, MPH & SECBuilder - Netwest Estate pvtContact - 044 - 2434 0716
netwest aUra
Location - NanganallurType of Units - 3 BHK No. of Units - 64Area - 1,350 - 1,964 sqft Completion - June 2014Price Range - ` 1.26 - 1.7 crore Amenities - SP, GYM, MPH & SFBuilder - Lancor Holding LtdContact - +91 89397 98812
the CoUrtyard
www.chennairealty.bizChennai Realty October 2012 52
Chennai - WestTop 100 Projects
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
bella Vista Location - Porur Type of Units - 1, 2, 2.5, 3 & 4 BHKNo. of Units - 2,613Area sqft - 600 - 2,621 sqftCompletion - March 2015Price Range - ` 29 lakh - 1.5 croreAmenities - All AmenitiesBuilder - Prestige EstatesWebsite - www.prestigeconstruc-
tion.comContaCt: 044 - 3357 4000
boUGainVillea phase ii Location - Porur Type of Units - VillaNo. of Units - 200Area - 1,925 - 4,078 sqftCompletion - December 2012Price Range - ` 98 lakh onwardsAmenities - SP, GYM, MPH, KPA , SM & MF Builder - Alliance GroupWebsite - www.alliancein.com
ContaCt: 044 - 4354 6999
hi teC -anUGraha Location - Porur Type of Units - 2 & 3 BHK No. of Units - 6Area - 965 - 1,246 sqftCompletion - April 2013Price Range - ` 43 - 53 lakhAmenities - CCP & LIFT Builder - Hi Tec PropertiesWebsite - www.hitechproperties.com
ContaCt: +91 95660 01290
KaaViya’s yUthiKa Location - Porur Type of Units - 1, 2 & 3 BHKNo. of Units - 88Area sqft - 825 - 1,416 sqftCompletion - June 2014Price Range - ` 46 lakh onwardsAmenities - CCP, RG, WTP, GYM & KPA Builder - Kaaviya PropertiesWebsite - www.kaaviyaproperties.
com
ContaCt: +91 99406 21421
adVaya
ContaCt: 044 - 4924 0000
Location - Porur Area - 649 - 1,444 sqft Builder - Royal Splendour
Type of Units - 2 & 3 BHK Price Range - ` 23 - 52 lakh Completion - December 2013No. of Units - 132 Amenities - GYM, CCP & PWB Website - www.royalsplendour.com
CentUrion aVenUe
ContaCt: 044 - 2861 1335
Location - Thiruverkadu Area - 900 - 2,500 sqft Builder - Green Avenue homes
Type of Units - 1, 2, 3 & 4 BHK Price Range - ` 35 - 60 lakh Completion - November 2012No. of Units - 97 Amenities - SP, CH Website - www.dhakshins.com
Location - Arumbakkam Type of Units - 2 & 3 BHK No. of Units - 9Area - 865 - 1,330 sqftCompletion - January 2013Price Range - ` 69 lakh - 1.5 croreAmenities - LIFT Builder - Ashvar BuildersContact - 044 - 2363 1010
ashVar blossoMs
Location - PorurType of Units - 2 BHK No. of Units - 32Area - 966 sqft Completion - April 2013Price Range - ` 44 lakh onwards Amenities - All AmenitiesBuilder - GreenpeaceContact - 044 - 2371 8166
laVender parK
Location - Arcot Road Type of Units - 3, 4 BHK Duplex No. of Units - 166Area - 1,709 - 3,212 sqft Completion - December 2014Price Range - ` 1.23 crore Amenities - SP, GYM, KPA & CP Builder - Appasamy Real Estate Contact - 044 - 2434 6333
CerUs
Location - SaligramamType of Units - 1, 2 & 3 BHK No. of Units - 618Area - 564 -1,961 sqft Completion - August 2014Price Range - ` 40 lakh - 1.6 crore Amenities - KPA, GYM & SP Builder - Jain Housing Contact - +91 98408 77756
jains westMinster
www.chennairealty.biz Chennai Realty October 2012 53
Chennai - West Top 100 Projects
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
panaChe Location - ArumbakkamType of Units - 2 & 3 BHK No. of Units - 75Area - 1,184 - 1,826 sqft Completion - March 2013Price Range - ` 1.40 - 2.15 crore Amenities - CCP & PWBBuilder - Arihant Foundations Website - www.arihantfounda-
tions.com
ContaCt: 044 - 4224 4444
UtsaV Location - MangaduType of Units - 1, 2 & 3 BHK No. of Units - 116Area - 600 - 1,300 sqft Completion - June 2014Price Range - ` On request Amenities - GYM, LIFT, SEC & KPABuilder - Silicon RealtyWebsite - www.siliconrealty.net
ContaCt: +91 97104 44734
trUst heiGhts Location - Porur Type of Units - 2 & 3 BHK No. of Units - 86Area - 975 - 1,713 sqftCompletion - July 2014Price Range - ` 55 - 92 lakhAmenities - GYM, SP, KPA & MPH Builder - Primi Sristi HousingWebsite - www.primisristi.com
ContaCt: +91 97909 07254
osian Chlorophyii Location - Porur Type of Units - 1, 2, 3 BHK & Duplex
PenthouseNo. of Units - 997Area sqft - 665 - 3,494 sqftCompletion - March 2015Price Range - ` 36 lakh onwardsAmenities - SF, SP, CH, GAR & KPA Builder - SPRRGWebsite - www.osianchlorophyll.in
ContaCt: +91 90940 05015
infinity
ContaCt: 044 - 4000 0300
Location - Porur Area - 667 - 1,647 sqft Builder - Urban Tree
Type of Units - 1, 2 & 3 BHK Price Range - ` On Request Completion - September 2014No. of Units - 199 Amenities - All Amenities Available Website - www.urbantree.in
rajKhaM orChid
ContaCt: 044 - 2372 7954
Location - Iyyapanthangal Area - 735 - 1,436 sqft Builder - Rajkham Builders (P) Ltd
Type of Units - 2 & 3 BHK Price Range - ` 33.5 - 64 lakh Completion - June 2013No. of Units - 38 Amenities - KPA, CCP & GAR Website - www.rajkhambuilders.com
Location - Ayanambakkam Type of Units - 1, 2, 3 BHK & VillaNo. of Units - 2,800Area sqft - 559 -1,805 sqftCompletion - December 2013Price Range - ` 22 - 73 lakhAmenities - CH, SP, KPA & MPH Builder - S&P FoundationsContact - 044 - 2822 0091
s & p liVinG spaCes
Location - PorurType of Units - 1, 2 & 3 BHK No. of Units - 324Area - 575 -1,233 sqft Completion - March 2013Price Range - ` 30 - 70 lakh Amenities - GYM, SP, KPA & MPH Builder - Primex InfrastructureContact - +91 89399 11100
priMex Verterra
Location - ThiruverkaduType of Units - 1, 2 & 3 BHK No. of Units - 217Area - 550 - 1,200 sqft Completion - June 2013Price Range - ` On request Amenities - GYM, CH & PWB Builder - Muktha Foundations Contact - 044 - 4217 1692
triVeni
Location - PorurType of Units - VillaNo. of Units - 10Area - 1,441 sqftCompletion - December 2013Price Range - ` 66.5 lakhAmenities - CH, SP & KPABuilder - VGN Developers Contact - +91 96000 10044
VGn Krona
www.chennairealty.bizChennai Realty October 2012 54
Chennai - OuterTop 100 Projects
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
Greenn 201 Location - SiruseriType of Units - 2 & 3 BHK No. of Units - 565Area - 1,040 - 1,367 sqft Completion - September 2014Price Range - ` 45 - 57 lakh Amenities - CH, SP, GYM, & KPABuilder - Green TreeWebsite - www.green201.com
ContaCt: +91 87544 49944
boUleVard Location - Vandalur Type of Units - 3 BHK & Row Houses No. of Units - 372Area - 1,170 - 2,275 sqft Completion - December 2013Price Range - ` 35 - 85 lakh Amenities - KPA, MPH, GYM & SF Builder - Vijay Shanthi BuildersWebsite - www.vijayshanthi
builders.com
ContaCt: 044 - 4000 4625
albatross Location - Navallur Type of Units - 2 & 3 BHK No. of Units - 537Area - 1,495 - 2,600 sqft Completion - March 2015Price Range - ` 65 lakh - 1.2 crore Amenities - All Amenities Builder - Archean DesignWebsite - www.addhomes.in
ContaCt: 044 - 4902 4444
inno GeoCity Location - Oragadam Type of Units - Row Houses & Bungalow No. of Units - 5,000Area - 980 - 1,160 sqft Completion - Janurary 2017Price Range - ` 31 - 40 lakh Amenities - SCH, SM, CH & RES Builder - Oragadam cityWebsite - www.innogeocity.com
ContaCt: 044 - 4225 5255
estanCia
ContaCt: +91 95000 43361
Location - SRM Area - 1,510 - 1,860 sqft Builder - L&T Arun ExcelloType 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
aqUalily
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 Website - www.mahindra lifespace.com
Location - Kandigai – VandalurType of Units - 3 BHKNo. of Units - 104Area - 1,128 – 1,381 sqft Completion - August 2012Price Range - ` 32 - 35 lakh Amenities - GYM, MPH, GAR & KPA Builder - DhanishkhaContact - +91 98415 21727
alleGria
Location - SriperumbudurType of Units - 3, 4 BHK & VillasNo. of Units - 225Area - 600 - 2,850 sqft Completion - December 2013Price Range - ` 31-95 lakh Amenities - CH, SP, GYM & KPA Builder - Casa GrandeContact - +91 98848 30000
fUtUra
Location - OMR (Egattur) Type of Units - 2, 3 BHK & PenthouseNo. of Units - 190Area - 1,116 - 2,669 sqftCompletion - June 2013Price Range - ` 62 lakh onwardsAmenities - GYM, SP, MPH & KPABuilder - NAPC PropertiesContact - 044 - 4347 0970
iVy terraCe
Location - Maraimalai Nagar Type of Units - Villas & AppartmentsNo. of Units - 436Area - 1,395 sqft onwardsCompletion - Ready to occupyPrice Range - ` 54 lakh onwardsAmenities - All AmenitiesBuilder - Akshaya homesContact - 044 - 4200 8811
Metropolis
www.chennairealty.biz Chennai Realty October 2012 55
Chennai - Outer Top 100 Projects
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
jains inseli parK Location - OMR - PadurType of Units - 2 & 3 BHK No. of Units - 808Area - 1,176 - 1,755 sqft Completion - April 2013Price Range - ` 45 - 75 lakh Amenities - CH, SP & KPABuilder - Jain HousingWebsite - www.jainhousing.com
ContaCt: +91 98408 77756
padMalaya Location - SiruseriType of Units - 2 & 3 BHK No. of Units - 1,176Area - 915 - 1,175 sqft Completion - December 2014Price Range - ` 28 - 36 lakh Amenities - GYM, SP, CH & MPHBuilder - Real Value PromotersWebsite - www.realvalue.in
ContaCt: 044 - 6634 3536
the sUnCity Location - TiruvallurType of Units - 1, 2 & 3 BHKNo. of Units - 200Area - 600 - 3,000 sqft Completion - April 2013Price Range - ` 22 - 40 lakh Amenities - CH, SP, HOS & DSBuilder - AmarprakashWebsite - www.amarprakash.in
ContaCt: 044 - 4000 5000
sobha Meritta Location - KelambakkamType of Units - 1, 2 & 3 BHK No. of Units - 556Area - 536 - 2,056 sqft Completion - December 2015Price Range - ` 25 - 90 lakh Amenities - All Amenities Builder - Sobha Developers LtdWebsite - www.sobhadevelop-
ers.com
ContaCt: 044 - 2833 4567
spaCe aUra
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 requestNo. of Units - 76 Amenities - GYM, SF & KPA Website - www.evocon.in
sspdl Mayfair
ContaCt: +91 99400 42608
Location - Thalambur (OMR) Area - 942 - 1,107 sqft Builder - SSPDLType of Units - 2 & 3 BHK Price Range - ` 35 - 45 lakh Completion - December 2013No. of Units - 76 dwellings Amenities - CH, GYM, MPH
& CCPWebsite - www.sspdl.com
Location - OMR (Kazhipattur)Type of Units - 1, 2 & 3 BHKNo. of Units - 204Area - 588 - 1,700 sqft Completion - May 2014Price Range - ` 25 - 75 lakh Amenities - GYM,CH, SP & SF Builder - Marg PropertiesContact - 044 - 4252 5252
pUshKara
Location - KelambakkamType of Units - Duplex villa - 3BHK No. of Units - 19Area - 1,400 sqft Completion - May 2013Price Range - ` 56 - 60 lakh Amenities - CP, Gated Community Builder - Udayam FoundationsContact - +91 98844 17533
UdayaM breeze Villa
Location - SiruseriType of Units - 2 & 3 Duplex BHK No. of Units - 110Area - 896 - 1,400 sqft Completion - May 2014Price Range - ` 25 - 44 lakh Amenities - KPA, GYM, MPH & SM Builder - SK DevelopersContact - +91 80560 14312
tejas
Location - OMR (Kazhipattur)Type of Units - 2 & 3 BHK No. of Units - 84Area - 943 - 1,500 sqft Completion - September 2013Price Range - ` 38 - 57 lakh Amenities - CCP, PWB & GAR Builder - Shri Janani HomesContact - +91 90470 13701
Vennila
www.chennairealty.bizChennai Realty October 2012 56
Residential Plots
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
Gold earth CityDeveloper - Gold Earth Properties Location - TiruvallurArea - 600 - 2,400 Rate - ` On request Amenities - Avenue Trees & Gated CommunityWebsite - www.goldearthcity.net
ContaCt: +91 97909 01010
MahidharaDeveloper - Mahidhara Projects Location - PoonamalleeArea - 2,400 sqft Rate - ` 799/sqft Amenities - CH, SP, Market Yard &
MPHWebsite - www.mahidharaprojects.
com
ContaCt: 044-4551 2222
ashoK nandaVanaMDeveloper - Ashok Group Location - PerungalathurArea - 1,800 - 2,600 sqftRate - ` On request Amenities - CW & Black Top RoadWebsite - www.ashokgroup.info
ContaCt: 044 - 4507 4444
birCh CoUrtDeveloper - UnitechLocation - NallambakkamArea sqft - 1,800 - 4,724 Rate - ` 30.5 lakh onwardsAmenities - CH, SP & KPAWebsite - www.unitechgroup.com
ContaCt: +91 95000 59595
aValon
ContaCt: 044 - 4567 4242
Developer - Atlas Area sqft - 4,800 sqft Amenities - CH, SP, KPA & GYM
Location - Uthiramerur Rate - ` 7.5 lakh onwards Website - www.atlasfoundaions.in
oMshaKthy KanopUs
ContaCt: 044 - 2225 2226
Developer - Omshakthy Fire Realty Area sqft - 450 - 2,400 sqft Amenities - GAR, CW & BTR
Location - Avadi-Paruthipattu Rate - ` 1,670/sqft Website - www.omshakthy.net
Developer - Abi Estates Pvt Ltd Location - PadapaiArea - 600 - 3,000 sqft Rate - ` 1,500 sqft onwards Amenities - Fencing, Black roadContact - +91 98419 87700 Website - www.abirealty.in
abi CentUrie sqUare
Developer - Accord Housing (P) LtdLocation - SriperumbudurArea sqft - 1,500 - 2,400 sqftRate - ` 410/sqftAmenities - Black Top Road , SEC & KPAContact - +91 97890 66777Website - www.accordhousingchennai.
com
eleCtroniC City
Developer - Arihant/UnitechLocation - Navalur (off OMR)Area sqft - 1,800 - 5,182Rate - ` 67.52 lakh onwardsAmenities - CH, GYM, SP & MPHContact - 044-4224 4444Website - www.arihantfoundations.com
Green wood City
Developer - Accord Housing (P) LtdLocation - MevalurkuppamArea sqft - 600 - 3,000 SqftRate - ` 900/- sqftAmenities - All AmenitesContact - +91 99405 50055 +91 97890 66777Website - www.accordchennai.com
CosMo City
www.chennairealty.biz Chennai Realty October 2012 57
Residential Plots
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
sri sathya sai naGarDeveloper - Wisdom PropertiesLocation - GuduvancheryArea sqft - 1,500 sqft onwardsRate - ` 325/sqftAmenities - Avenue Trees & Gated CommunityWebsite - www.wisdomproperties.
com
ContaCt: +91 99629 28725
winG haVen GardensDeveloper - ETA Star PropertyLocation - KaranaiArea sqft - 1,700 - 7,000 sqftRate - ` 38 lakh - 1.5 croreAmenities - CH & SCHWebsite - www.etastar.com
ContaCt: 044-2847 7383
orChid aVenUeDeveloper - Aashirwad Elite RealtorsLocation - ThiruvallurArea - 600 - 3,200Rate - ` 450/sqftAmenities - Gated Community Website - www.aashirwadeliterealtors.
com
ContaCt: +91 97910 33379
sai baba naGarDeveloper - Wisdom PropertiesLocation - OragadamArea sqft - 1,500 sqft onwardsRate - ` 510 /sqftAmenities - Avenue TreesWebsite - www.wisdomproperties.
com
ContaCt: +91 99629 28725
VasanthaM sUn City
ContaCt: +91 95661 66155
Developer - Vasantham city makers Pvt. Ltd
Area sqft - 600 - 1200 Sqft Amenities - Boundry Post
Location - Arakkonam Rate - ` 150/sqft Website - www.vasantham.biz
Developer - Crystal Homes Location - OragadamArea sqft - 1,500 - 2,400 Rate - ` 499/sqft Amenities - Avenue Trees & Black Top RoadContact - 044-4212 3703 Website - www. homesindia.com
the laVenders nest
Developer - Vip Housing & PropertiesLocation - Manur - PoonamalleeArea sqft - 600 - 2,400 SqftRate - ` 410/- sqftAmenities - SW, PARK & KPAContact - +91 84381 09850Website - www.viphousing.in
water front
Developer - Headway PropertiesLocation - SriperumbudurArea sqft - 1,800 Sqft onwardsRate - ` 695/- sqftAmenities - CW, KPA & BTRContact - +91 74014 74014Website - www.headwaygroup.in
prestiGe
Developer - My Asset DevelopersLocation - PoonamalleeArea sqft - 800 - 3,500 SqftRate - ` 950/- sqftAmenities - CW, BTR & SEC Contact - +91 97104 11134 +91 92444 10444Website - www.myassets.co.in
sUpradheepaM
pallaVapUraM
ContaCt: 044 - 4567 4242
Developer - Myproptree Area sqft - 1,000 - 2,500 sqft Amenities - KPA, BTR & Gated Community
Location - Tirumalpur Rate - ` 375/sqft Website - www.pallavapuram.com
www.chennairealty.bizChennai Realty October 2012 58
Cityscape
LocationsCapital 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
CENTRAL
AbiramapuramAdyarAlwarpetBesant NagarEgmoreGopalapuramKotturpuramBoat ClubMylaporeMandaveliNeelankaraiNandambakkamPerungudiR A PuramRoyapettahSanthomeSholinganallurThiruvanmiyurThoraipakkamTriplicane
9,0009,0009,0009,0007,0009,0008,000NA
9,0007,5006,0005,0005,0009,8007,5008,0004,0009,5004,5008,000
14,00015,00018,00015,00011,00016,00017,00026,00017,00014,00012,0007,0006,00015,00014,00013,0005,00014,0005,00013,800
15,00016,00016,00015,00010,00014,00014,00030,00010,0008,00012,0009,0008,00016,00014,0009,0009,00012,0007,0008,000
30,00030,00030,00025,00020,00026,00026,00050,00022,00018,00020,00018,00012,00028,00020,00025,00018,00025,00015,00018,000
350 - 500350 - 500400 - 600300 - 350300 - 350300 - 400400 - 500800 - 850300 - 375250 - 300150 - 20080 - 12080 - 120500 - 600300 - 350250 - 35070 - 90
250 - 30075 - 90
250 - 300
NoRTH
AmbatturAminjikaraiAnna NagarAnna Nagar West ExtnAvadiChetpetAyanavaramKilpaukKolathurMadhavaramMogappair EastMogappair WestNolamburPurasawalkamPoonamalleePeramburShenoy NagarVeperyVillivakkam
4,0008,0009,0008,0003,0008,0007,0008,5004,0003,8004,7504,5003,5009,0002,8004,5009,0007,3006,500
5,00010,00014,00010,0003,50011,0008,00014,0004,5004,2006,0005,5004,00012,0003,6005,00012,00010,0007,000
8,0007,00016,00012,0005,5007,0006,50016,0007,0006,5008,0007,0006,50012,0006,0008,00012,0006,5006,000
14,00017,00026,00020,00010,00020,00016,00025,00015,00010,00018,00016,0009,00024,0008,00012,00018,00016,00015,000
80 - 100200 - 250350 - 450150 - 20065 - 70
225 - 300150 - 200300 - 40075 - 8575 - 8090 - 12080 - 10065 - 70
250 - 30035 - 4580 - 90
300 - 350150 - 18090 - 110
SouTH
AlandurAdambakkamAshok NagarChromepetEkkaduthangalGuindyMedavakkamMadambakkamMadipakkamMugalivakkamManapakkamNanganallurNandanamSaidapetSelaiyurTambaram EastTambaram WestTeynampetT NagarVelacheriKottivakkam
6,0005,0007,5003,8007,0008,0004,00035003,5003,0004,0004,5009,0007,0003,5003,8003,2009,0009,0006,0006,000
7,5006,50012,5004,70010,00012,0004,75040004,5003,8005,5005,00014,0009,0004,2005,0004,50015,00012,0007,0007,500
8,0006,5009,0007,5007,0008,0009,0008,0007,0006,0009,0008,00015,0008,0005,5007,5007,00015,0009,000 8,5008,000
15,00013,00018,00016,00020,00020,00015,00012,00012,0009,00018,00012,00025,00017,00014,00015,00014,00030,00023,00020,00020,000
120 - 13090 - 110200 - 25080 - 100150 - 180225 - 25070 - 9055 - 6565 - 7555 - 60
130 - 150100 - 120250 - 300160 - 20080 - 9080 - 11080 - 100300 - 500350 - 500180 - 220150 - 200
Residential Rate Watch
www.chennairealty.biz Chennai Realty October 2012 59
LocationsCapital 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
WEST
Alwarthiru NagarArumbakkamChoolaimeduIyyappanthangalK K NagarKodambakkamKoyambeduMaduravoyalNungambakkamPorurRamapuramSaligramamVadapalaniValasarawalkamVirugambakkam
4,3007,5007,0003,5007,0008,0008,0004,50011,0003,8004,8006,5008,0005,5005,000
5,0009,0009,0004,0008,50010,0009,0005,40015,0004,5005,3008,00012,0006,5006,000
8,0008,0008,0006,0008,0007,0008,0006,50016,0006,0006,0009,0009,0007,5007,500
16,00017,00017,0009,00017,00019,00020,00014,00030,0009,00010,00018,00020,00016,00017,000
110 - 130180 - 225180 - 22550 - 55
180 - 230200 - 250130 - 15070 - 80
300 - 35060 - 6570 - 85
130 - 160220 - 270150 - 170120 - 130
ouTER
PuzhalPammalTiruvallurSiruseriPadurKelambakkamSriperumbudurVandalurSingaperumal KoilOragadam
2,2002,7002,5003,5003,3003,2002,3002,7002,3002,700
2,5003,3002,8004,0003,8003,5002,7003,6002,5003,500
4,0005,0006,0008,0007,0006,5005,0006,0004,5007,000
7,0008,0008,00018,00016,00015,0008,0009,0008,00011,000
14 to 2015 to 1820 to 2550 to 6040 to 5035 to 4020 to 2425 to 3020 to 2520 to 24
Residential Rate Watch
Cityscape
Commercial Rate Watch Construction Material Price Index*
CommodiTy uNiT mEASuREAVERAGE RATE iN SEPTEmBER
2012CEMENT Per 50 Kg Bag ` 320STEEL Non Isi 6mm / Ton ` 46,800STEEL Tmt 8mm Dia / Ton ` 47,750STEEL 10-25 Mm Dia / Ton ` 46,200STEEL Rms / Ton ` 49,000STEEL Stirrups / Ton ` 50,000STEEL Vsp/Sail 10mm Dia / Ton ` 48,550BRICKS 1 No. ` 6.30RIVER SAND Cubic Feet ` 45FLY ASH Per Ton (Ennore) ` 125BLUE METAL 20mm / Cubic Feet ` 26 to ` 28BLUE METAL 40mm / Cubic Feet ` 24QUARRY DUST 0 – 2 Mm / Cubic Feet ` 20BITUMEN Grade 80/100 ` 36,753BITUMEN Grade 60/70 ` 39,740MASON Per Day ` 500 to 550MEN Per Day ` 350 to 400WOMEN Per Day ` 250 to 300PAINTER/PLUMBER
Per Day ` 450 to 500
CARPENTER Per Day ` 450 to 500
Sub MarketS average rent in
July 2012(` / sqft per month)
average rent in SePteMber 2012
(` / sqft per month)
CBD (Anna Salai, Nungambakkam, RK Salai, T Nagar, Egmore, Alwarpet)Grade A 80 - 130 90 - 130Grade B 60 - 90 60 - 90Off CBD (Guindy, Kiplauk, Taramani, Adyar, Anna Nagar)Grade A 55 - 90 50 - 80Grade B 40 - 50 35 - 50Suburban Business District(Velachery, Perungudi, Mount Poonamallee Road)Grade A 50 - 80 40 - 70Grade B 35 - 60 35 - 50Peripheral Business District (Perungalathur, Sholinganallur, Siruseri, Ambattur, GST Road)Grade A 40 - 60 35 - 60 Grade B 30 - 35 30 - 40
www.chennairealty.bizChennai Realty October 2012 60
Classifieds
Air PurifierAroma Sense IncContact: +91 9840078989South India Chem Ind.Contact: 044-25382134
BeddingFarook BeddingContact: 044-24749533Raman BeddingContact: 044-23744301
Audio VisualOnkyoContact: 044-42111649The Bose StoreContact: 044-28330970
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Home Security SystemVG ElectronicsContact: +91 9381009080Access Security SystemsContact: 044-32219146
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Home DecorAbi DecorContact: 044-23743286Rekha DecorContact: 044-24758199
Metal CraftParas Metal CraftContact: 044-25391239Vega Metal CraftContact: 044-28110133
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Kitchen ComponentsFaber GalleriaContact: 044-28110932Impulse IndiaContact: 044-243306666
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InverterMicrotek Power Control Contact: +91 9282115050Numeric Power SystemsContact: +91 9841053044
Furniture HirersGiri'MuseumContact: 044-26450378Jaggi Furniture HirersContact: 044-28111097
PVC Pipe / fittingsMoti Pipe CorporationContact: 044-25211274Vijay Pipe CorporationContact: 044-24726052
Plastic Water TanksSri Kamatchi TradersContact: 044-24750545Infra IndustriesContact:044-32946372
Roofing SheetsSaro SteelContact: 044-25354333Roofing House Contact: 044-26691408
Plywood & VeneersK B AluppyContact : 044-28474277Pandian Timber depotContact: 044-28445749
Wire MeshAshok HardwareContact: 044 25354958Nitin Wire NetingContact: 044-25321159
NetlonAaron IndiaContact: 044-26401895TuflexContact: 044-25340030
Wall PapersKJK Wall PearlsContact: 044-25330599Wall CitiContact: +91 9840230365
BlindsTec Window SolutionsContact : 044-26543509Aalfa BlindsContact: +91 96772230623
Concrete BlocksAeon's Construction ProductsContact: 91 44 42172400Balaji Concrete ProductsContact: 044-42020911
Ready Mix Concrete ACC Ready Mix ConcreteContact : 044-26193456RDC Ready Mix ConcreteContact : 044-26802041
Elevator CompaniesOtis Elevator Company I LtdContact: 044-24321762Supriya Elevator India Pvt Ltd Contact: 044-25510363
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Project of the MonthNorth Town
PlusChennai's Top 100 Projects
Personality of the MonthSubba Reddy
Vol : 2 Issue : 4 September 2012
Chennai’s No.1 Real Estate Magazine ` 40Vol : 2 Issue : 5
October 2012
Chennai’s No.1 Real Estate Magazine ` 40
Personality of the MonthBalsingh GeorgePlus
Chennai's Top 100 Projects
Project of the MonthTVH - Ouranya Bay
BUILDING REGULATION & VIOLATIONS: WHAT TO AVOID!
BUILDING REGULATION & VIOLATIONS: WHAT TO AVOID!
BANKLoan 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 10.50 10.50 10.50 10.50 10.75 10.75 10.75 10.75Allahabad Bank 11.25 11.50 11.75 12.00 12.00 12.25 12.50 12.75Bank of India 10.50 10.50 10.50 10.50 10.75 10.75 10.75 10.75Andhra Bank 11.50 11.75 12.00 12.00 11.75 12.25 12.50 12.50Union Bank of India 10.50 10.50 10.50 10.50 10.75 10.75 10.75 10.75Indian Overseas Bank 11.00 11.25 11.25 11.25 11.25 11.50 11.50 11.50Vijaya Bank 10.80 11.05 11.30 11.30 11.55 11.80 12.05 12.05Central Bank of India 10.50 10.50 10.50 10.50 10.75 10.75 10.75 10.75Axis Bank 10.75 10.75 10.75 10.75 11.00 11.00 11.00 11.00Canara Bank 11.00 11.25 11.25 11.25 11.00 11.25 11.25 11.25Corporation bank 10.50 10.75 10.75 10.75 10.75 11.00 11.00 11.00Bank of Baroda 11.25 11.25 11.50 11.50 11.50 11.50 11.75 11.75Indian Bank 10.75 10.75 11.00 11.00 11.00 11.00 11.25 11.25Oriental Bank of Commerce 10.75 10.75 11.00 11.00 11.00 11.00 11.25 11.25Punjab National Bank 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75ICICI 10.50 10.50 10.50 10.50 11.00 11.00 11.00 11.00HDFC 10.50 10.50 10.50 10.50 10.75 10.75 10.75 10.75IDBI 10.50 10.50 10.50 10.50 11.00 11.00 11.00 11.00HSBC 10.50 10.50 10.50 10.50 11.00 11.00 11.00 11.00South india Bank 13.90 14.15 14.15 14.15 14.40 14.65 14.65 14.65DCB Bank 11.50 11.50 11.50 11.50 11.50 11.50 11.50 11.50LIC Hfl 10.40 10.40 10.40 10.40 10.40 10.40 10.40 10.40India Bulls 10.50 10.50 10.50 10.50 10.75 10.75 10.75 10.75Sundaram Home Finance Ltd 10.95 10.95 10.95 10.95 11.20 11.20 11.20 11.20
Syndicate Bank 10.50 10.50 10.50 10.50 10.75 10.75 10.75 10.75
Home Loan Reckoner
www.chennairealty.bizChennai Realty October 2012 62
City Musing
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: 044-42676000Distil, Vivanta by Taj – Connemara, Binny Road. Contact: 044-66000000
KaivalamOctober 7-10, 2012
Kaivalam – 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
S P E N D
ENGAGE
ART
Beyond BoundariesTill October 7
The T20 fever is on again and you catch the best of the Super 8 and Finals at the Leather Bar at The Park, Anna
Scottish Dance TheatreOctober 21, 2012
Scottish Dance Theatre will be on their India tour between October 18- November 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
Till October 14, 2012
Amaara 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
Nature’s Kalamkari Inspirations
DINE
Loans From
Miss this opportunity at your own risk!
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.
30, 31, 32, Subramaniyam Street,Abiramapuram, Chennai - 600018.
Email: [email protected]
044 - 4567 4242
Just 2 Kms from Tambaram Railway Station
` 3600/-per sqft
Semi-Independent Villas@Tambaram
REGISTERED WITH THE REGISTRAR OF NEWSPAPER FOR INDIA UNDER NO. TNENG/2011/0086POSTAL REGISTRATION NO. TN/CH(N)/326 CHENNAI REALTY.BIZ October 2012