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A Quick Glimpse into Theme Homes

Theme-Homes

Most of us love everything custom-made these days, be it clothes, shoes or furniture. And now it’s time for custom homes. With a lot of Indians travelling to international destinations, be it for work or leisure, they are now getting increasingly aware of international trends, that extend to fashion, cuisines, lifestyles and homes. As a result, theme-based real estate development is gaining prominence amongst modern-day home-buyers.

This shift in consumer minds has in a way helped Indian real estate developers to make their project stand out from the rest. Here are a few distinct themes that are either becoming increasingly popular in India or are the country’s first:

Biophilic Architecture
Theme-HomesA design ethos that blends nature and architecture, the Biophillic style creates living spaces that are invigorating, inspiring and comforting. Incorporating natural elements like flowing water, green roofs and airy open living spaces help residents reconnect with nature. The local hillside ecology and topography are researched to design a master plan that helps the structures merge effortlesssly with the environment. Myst is India’s first such biophilic residential development that blends contemporary design seamlessly with the unique ecology of the Kasauli Hills. The expansive mountain views, indigenous plants, clean air and cascading streams add a new dimension to luxury living.

Mediterranean Style
14Mediterranean-themed homes like La Montana in Pune have terrace layouts that give you a great sense of space, while you breathe in fresh air thanks to the lush landscapes around. Porticos, classic arches, cut-stone facades and terracota railings are the highlights of the buildings. Stone, red-roof tiles, wrought iron and stucco are some of the elements which bring life to the Mediterranean concept. You can stroll along the township’s walkways and pebbled garden paths or lawns, passing through the open plazas and courtyards. All of these combined are no less than a treat to your soul.

Spanish Lifestyle & Architecture
15A style that revives the architectural trend of the early Spanish colonies, Santorini in Chennai offers distinctively conceptualised homes and intimate low-rise architecture. The exotic homes come with one-of-a-kind exclusive podium gardens, a lavish clubhouse with modern amenities and a vast expanse of green spaces. Truly, a lifestyle that is superlative and unparalleled!

       
       
       

Green Architecture
16Now here’s an invitation to holistic living with pre-certified green buildings that ensures cool air, with an increased ventilation of 30%, is funneled into homes with East-West orientation, providing ample light, while the south-facing sun-shading fins keeping the heat out. All of this is part of a master plan incorporating an interesting interplay of mid and high rise towers at Amantra, Mumbai that weaves in the elements of nature. There couldn’t be a better way than this to live green and eco-friendly.

A luxurious life has just got much more interesting with several such options for new home buyers. NRIs and HNIs are absolutely spoilt for choice. All one has to do is choose an ideal theme that reflects their personality. With an almost custom-made home, is there much to dream for? You are already living your dream, aren’t you?

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Bengaluru Real Estate hits a all time high!

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This one time we’re not referring to the iconic superhero, but the prices of homes in the city of Bangalore. Even though real estate markets across the country are getting hammered because of the economic slowdown, rising interest rates, delays in project approvals and piling unsold inventory, Bangalore seems to be totally unaffected by this dark streak and has maintained and increased its prices of property(Much to the dismay of current and to-be wishful Bangalore property purchasers).

The reasons why Bangalore is performing better than other Indian markets are the more reasonable price spikes and better execution of projects. Statistics show us that while residential purchase witnessed a slowdown across major cities, Bangalore has escaped relatively unhurt, and witnessed a drop by just 18 percent. Even within Bangalore, the best performing areas in the city for the residential sector were areas in North Bangalore. These locations saw the highest demand and appreciation during the year. The improved infrastructure in this region, its proximity to Bangalore International Airport Ltd (BIAL) and overall enhanced connectivity helped North Bangalore become a much sought-after residential destination. Because of the infrastructure initiatives in various stages of construction and planning there, including the proposed high-speed rail link, the Hebbal-Yelahanka expressway, the elevated expressway to BIAL and the advent of the monorail, North Bangalore was one of the safest and most lucrative residential property investment bets of 2012. North Bangalore will continue to grow thanks to its massive potential for capital appreciation. Other top emerging destinations through 2012 were Tumkur Road, Vijayanagar and Magadi Road in West Bangalore, with capital value appreciation to around 12-15 percent. This region saw stable demand because of the developing metro line, which will provide enhanced connectivity. Yet another area to start edging its way into the limelight was Kanakapura Road, which has begun seeing the benefits of metro connectivity, the establishment of the NICE Road (the Bangalore-Mysore Infrastructure corridor), the availability of Cauvery water and its affordable price points. For retailers, mall developers and retail space investors, North and East Bangalore are definitely the areas to watch out for. The rapidly developing infrastructure and expanding residential catchments in these locations are reasons of vastly increased retail activity over mid to long term basis. Our sincere advice to small investors is to go for residential projects in which units are priced between Rs 80 lakh and Rs 1 crore as three-BHK units are going to be the fastest-moving and appreciating products in 2013 and beyond.

So, at the moment and in the near future, the stars of fortune have decided to keep shining in Bangalore’s favour. How long this win for Bangalore will last is a question of time and economic factors. The future may hold its ups and downs for Bangalore, but right now it’s just up and more ups

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