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Tuesday 20 May 2014

Akshaya Launches Tallest Residential Tower in Tamil Nadu

Chennai: Chennai will soon to get a new landmark as Akshaya Pvt Ltd, a leading real estate developer, on Thursday announced the launch of ABOV, the tallest residential tower of the southern metropolis.
Located in a sprawling 1.66 acres at Kazhipatturon in Old Mahabalipuram Road near here, Abov is Akshaya’s 150th project launched on the occasion of its 18th anniversary.

Chitty Babu-Akshaya

At 433-feet with 38 floors, Abov is Indian Green Building Council (IGBC)’s pre-certified platinum building and also CRISIL 5 Star Rated.  Claimed to be the only building to have 31 homes with 32 swimming pools in this part of the world, this tower will also set record for being the tallest residential tower in the state to house one house per floor with 6700 sq. ft single plate homes having 360-degree view.
Speaking about the launch, T. Chitty Babu, Chairman & CEO  of Akshaya Pvt Ltd, said, “With Abov, we are attempting to redefine premium luxury living; it will test our commitment to offer uncompromised ultra-luxury homes. We have brought in partners from across the world to put ABOV together including designers, architects and vendors. The minutest attention to detail in design, décor and fitments that match the best in the world will make ABOV a benchmark project that others can emulate to reflect international styled condo living.”
The residential tower will also have exclusive spa, a club house at the 34th floor, an ocean bar with floating sculptures and for the 1st time an exclusive fine dining restaurant for the residents. With 32 pools for 31 apartments and each with its own private deck, Abov is perhaps India’s only luxury green home with the most number of pools in a residential block, a company statement claimed.

Abov-akshaya-homes

The amenities include:  100% power back-up, touchpad controlled smart home, 10 years maintenance by Akshaya, four exclusive elevators for 31 homes, three car park space per
residence, classy home automation, exclusives suites for guest, piped gas supply, fire protection, private movie hall, piped music, substation, gaming arcade, grand piano, a panoramic view skywalk and many more.

Akshaya has teamed up with a host of international names in construction industry such as Design Collective from USA with Sajith & Vivek Architects,  luxury brands for interiors and décor like Barausse for high quality designer interior doors from Germany, AGB SCUDO for safety locks, ARAN for robes & kitchen world from Italy, Villeroy & Boch bathrooms from Germany, HVAC System with VRV technology, Lighting from Flos, White goods from Siemens, Treemme Rubinetterie for bath accessories, engineered marbles and Italian toilet tiles, a fourth generation managed- Viega for drainage technology, gymnasium equipped by Propel etc to make ABOV tower above all other luxury homes.

The 132-meter concrete giant has been conceived and structured to fit by the stringent NBC norms, earthquake risk protection and multi-level of security systems for living par excellence.
The project will be completed in three years.

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  • Thursday 15 May 2014

    Civitech launches Sampriti in NOIDA

    Civitech Developers Pvt Ltd has launched ‘Civitech Sampriti’, a residential housing complex comprising 2, 3 and 4 BHK apartments at Sector 77, NOIDA.

    Expected to be completed by June 2014, Civitech Sampriti is being built on a north east facing corner plot with 45 mtr road on both sides. The project is close to IT Hub (Sector 63) and connected with propose Delhi Metro and DND flyover and also has good connectivity to NH24 and Greater Noida.
    Furnished apartments with 80% open green area, the project features include, central garden with jogging track, water bodies and all outdoor games, stainless steel railings on all staircases and club with air-conditioned gym, party lawn, swimming pool, SPA, sauna, Jacuzzi etc.
    All flats in the complex are corner ones and vaastu compliant which have shopping centre, earthquake resistance and energy efficient features.


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  • Tuesday 13 May 2014

    2014 Real Estate: More Housing Projects to Launch in Chennai

    Sources say that Chennai city is expected to have around 16,000 new residential launches across all categories in 2014 which is higher compared to the 13,000 housing segments launched last year.

    /Projects to Launch in Chennai
    According to Cushman and Wakefield (C&W) reports, the demand for the high end properties in the city is expected to rise again this year. This is due to the changing trend of customers expecting residential units with better amenities and advanced security features. As the projects are nearing completion, there will be over 16,000 houses available for possession which will increase the ready to occupy space in the Chennai real estate market. This will provide more options for home buyers.
    Areas like Mylapore, Nungambakkam, R.A. Puram, Koturpuram, Poes Garden in Chennai are the busy localities that expect over 300 luxury project launches this year. Most of these high end projects are in the soft launch stage which is expected to have better sales. The launch of luxury apartments in Chennai have witnessed a 60 per cent dip year over year based on a Chennai real estate report.

    However the mid range residential projects in Chennai are always on demand, provided good location and better amenities. Around 900 mid range residential projects are in pre launch stage in developing locations like R.A. Puram, Rajiv Gandhi Salai -II, Sriperumbudur etc., and expected to launch in 2014. Considering the upcoming general elections which may affect the real estate sales, C&W reports state that there is a changing real estate buying scenario observed in Chennai which will have no effect on political upheavals. The current slowdown of mid range apartment sales is expected to get better in the first quarter of 2014.

    Home buyers in Chennai can find a variety of residential properties that offer better amenities in good locations this 2014.

    Choose From 50000+ New Flats! With Complete Project Details:

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  • Thursday 8 May 2014

    Mantri Promises 100% ROI on Bangalore WebCity by March 2017

    The property developer, Mantri has announced their assurance on 100% return on investment for the buyers of Mantri Webcity with 2 to 3 years in Bangalore.



    According to the Mantri group, the home buyers at Mantri webcity can double their investment within 3 years of time which is a value-add for the buyers. The buyers who prefer to purchase an apartment worth Rs. 60 lakh, they have to pay 20% (Rs. 12 lakhs) of the total cost in advance and the rest of the 80% which is Rs. 48 lakhs will be paid through home loan. The buyer can pay the EMI only after March 2017 i.e., the tentative possession date for the project. The buyers can get double the invested money, Rs. 24 lakhs after 3 years as return on investment. According to this scheme, the buyer pays only the down payment and will start to pay the actual EMI after the possession of the property or March 2017 whichever is earlier. As home buyers faces possession delay for undefined time period, this kind of scheme appears to be safe.

    The project is located on the Hennur Main road, one of the fast developing localities in Bangalore with close proximity to the Manyata Park, Central Business district (CBD) etc. The project has good connectivity to the Bangalore International airport in the ORR, world class health care centers and educational institutions. The newly proposed mono rail system near Hebbel will increase the connectivity and eventually the property prices. Apart from the 100% ROI, the above said factors also influence the property buying in Mantri webcity. According to the developers, the project is a blend of modern technology and convenient infrastructure, designed by leading designers.



    With modern technological amenities fused, the Mantri Webcity offers spacious apartments at a reasonable price in a fast developing locality. If you are looking for investing in properties that give better returns, then you can look in to this project. It is advisable to check the property status, construction related approvals, property documents, builder track record and legal consultation before investing your money in real estate projects.

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