Is Bavdhan good for living?

 

Bavdhan: Where serenity meets modern living

With its thriving economy, pleasant climate, and rich cultural heritage, Pune has quickly become the preferred destination for real estate developers and homeowners. With its major automobile and IT industries, Pune has developed into a vital industrial and financial hub, second only to Mumbai in the state.

However, for those who want to enjoy urban convenience while still being in the lap of nature, the suburb of Bavdhan provides an ideal balance. Here are a few reasons why you should consider making Bavdhan your home:

Serene neighbourhood:

Bavdhan offers the ideal blend of the urban and country lifestyle. Surrounded by lush green hills, it provides scenic views while still having easy access to Pune city. It is the ideal location for buyers who wish to retreat from the bustling city and reconnect with nature.

One can enjoy numerous outdoor activities like hiking, jogging, bird-watching, etc. in the serene Pashan Lake and nearby nature trails. Residents are promised a pollution-free neighbourhood with large open spaces ideal for raising kids.

Infrastructure and connectivity:

Despite its natural charm, Bavdhan boasts robust infrastructure with well-developed roads, reputable schools, and modern healthcare and recreational facilities. Its strategic location on Pune’s Western Corridor gives it easy access to the Mumbai-Pune Expressway and State Highway 60.

Major transport services like the Pune Junction railway station, the intercity bus stand, and the Pune International Airport are all within a 12–18 km radius. The upcoming metro line to Kothrud will only ease connectivity to the city. Bavdhan is also only 15 km from the Hinjawadi IT hub, making it an easy commute for employees.

Promising returns:

Bavdhan’s favourable location and natural charms have made the locale increasingly popular among real estate investors and developers. It has seen a steady price appreciation in its residential real estate, with a hike of about 17% in the last two years. Its proximity to Pune’s industrial and IT hubs promises attractive rental benefits and good capital gains.

So if you are looking for a promising investment opportunity that lets you enjoy the benefits of living amongst nature, Bavdhan is your choice. Enjoy the best of both worlds at Golfland, Vanaha by Shapoorji Pallonji.

Their well-equipped township offers modern golf course-facing homes cradled by the tranquility of nature. Explore their 1 BHK Duplex, 2 BHK, 3 BHK + i-Room, and 4 BHK ∞ & townhouse offerings that promise an elevated and well-balanced lifestyle. To know more about their offerings, click here — https://shapoorjirealestate.com/

Originally Published at - https://industryupdates.medium.com/is-bavdhan-good-for-living-59cf2c15c2b5

North Mumbai vs South Mumbai: Which side of Mumbai is better?

 

The age-old question: North or South Mumbai?

If you, like countless others, want to make Mumbai your home, you might have faced the same dilemma: Should I invest in North or South Mumbai?

Here is a look at each side’s virtues and vices before you decide on your next investment venture:

The Historic South:

South Mumbai is home to the remnants of the historical island city and its colonial past. With its eclectic mix of colonial-era architecture, trendy restaurants, and vibrant nightlife, South Mumbai is ‘the place to be’.

It offers a range of attractions for tourists and residents alike — from art galleries and museums to theatres and beaches. One can also travel to nearby tourist destinations like Alibaug and Elephanta Island via the jetties offered at the coastline.

South Mumbai is not only historically significant to the city, but also houses the major city and state government administrative offices, along with major national and international institutions from the private, educational, and healthcare sectors. It is effectively the financial and commercial hub of the city.

These commercial establishments ensure the presence of a well-connected network of public transport for its employees from all over the city, ranging from the ubiquitous local trains, dependable BEST buses, and the distinctive ‘kaali-peeli’ taxis. The upcoming Metro Line 3 promises increased connectivity between the town and its suburbs.

With these exclusive perks comes the higher cost of living, high real estate prices, and increased price appreciation in these areas. South Mumbai offers an array of residences, from elegant colonial-age houses to modern high-rise apartments, ranging between ₹3–100 crore. So if you’re looking to live at the centre of all the action and have the means to do it, join the townies and embrace the ‘SoBo’ way of life.

Enjoy magnificent sea views and take the luxury to pause in the city that never sleeps with The Odyssey by Shapoorji Pallonji. Elegant 3 BHK flats in Marine Drive, let you experience the unique history of South Mumbai firsthand. To know more about their state-of-the-art 3 BHK residences, click here — https://shapoorjirealestate.com/residential/the-odyssey

The Contemporary North:

North Mumbai is the more recent counterpart of the southern city, developed to accommodate its overflowing residents. With its major commercial districts and a blend of residential and recreational areas, North Mumbai makes space for an attractive and affordable lifestyle.

Not to be left out, the areas of Bandra, Andheri, and Juhu boast exciting nightlife with its alluring selection of restaurants and recreational facilities. The beaches of Juhu and Versova offer engaging hangouts for its residents.

Nature and history enthusiasts can enjoy weekend hikes to the Kanheri Caves in the Sanjay Gandhi National Park. Northern Mumbai houses the prominent commercial business district Bandra-Kurla Complex (BKC), reputed IT parks, and notable private educational and healthcare institutions.

The well-connected railway and metro lines ease commuting for its residents who prefer to commute to their southern workplaces. Real estate offerings ranging from affordable apartments to luxurious villas (priced from 70 lakh–7.5 crore) make for a culturally diverse population in the area.

The residential areas of Malad, Borivali, Kandivali, Dahisar, Andheri, and Goregaon are favoured for their cheaper housing options. North Mumbai also houses the domestic and international airports of the city, and the upcoming Metro Line 3 will further ease connectivity to the southern regions of the city.

Thus North Mumbai lets you enjoy the best of both worlds by offering a more peaceful and affordable alternative to the bustling south. Rising commercial presence and work prospects in the region ensure promising long-term returns.

Look for your dream home at the prime location of BKC among the elegant 2 BHK offerings of Shapoorji Pallonji’s BKC 28 and their 2 and 3 BHK offerings at BKC 9.

Enjoy mesmerising views of the Bandra skyline and indulge in an elevated lifestyle at this luxurious destination. To know more about their 2 BHK offerings at BKC 28, click here, and to learn about their 2 and 3 BHK offerings at BKC 9, click here.

Originally Published at - https://industryupdates.medium.com/north-mumbai-vs-south-mumbai-which-side-of-mumbai-is-better-827470fa24d1

Why invest in Howrah?

 

Hop on Howrah’s housing revolution

Located on the western banks of the Hooghly River, Howrah is rapidly developing into a real estate hotspot for residential and commercial projects.

Famous for its eponymous bridge serving as a gateway to Kolkata, Howrah is one of the most important industrial and transportation hubs in West Bengal. It is little surprise that the city has attracted droves of real estate developers and investors.

Here are a few reasons that will convince you to join them:

Industrial hub of West Bengal:

Often dubbed the ‘Sheffield of the East’, Howrah boasts a long industrial and engineering history, housing over 40% of the state’s industries today.

The state government has invested in several infrastructural projects employing over 67,000 people, further expected to recruit 1.5 lakh people in the future.

Three industrial corridors have been set up in the state, and four industrial parks are proposed over the next three years.

Connectivity:

Howrah is connected to the Golden Quadrilateral via the Kona Expressway, encouraging trade and commerce from all over the country. It is well connected to Kolkata by road and rail and houses the largest railway station in India.

Howrah Railway Station connects Kolkata to all of eastern India, acting as a terminal for the Eastern and South-Eastern Railways. Connectivity has only improved with the recent inauguration of the Howrah Maidan–Esplanade Metro Line, the first underwater metro corridor in the country.

It is also relatively close to the Netaji Subash Chandra Bose International Airport, Kolkata, soon to be connected to the city via metro.

Infrastructure:

The city has a robust infrastructure of roads, bridges, and flyovers that lend it access to the entirety of Kolkata. Rapid industrial development and future projects in the pipeline, like the Hooghly Riverfront development, only add to its value.

The city boasts an array of reputed educational and healthcare institutions, recreational facilities, and shopping centers that ensure a well-balanced lifestyle for its residents.

The region of Santragachi is of particular interest, with its range of affordable housing amidst the lap of nature. It is also well connected to the city via Santragachi Bus Terminal and Railway station.

Pricing:

Compared to Kolkata, real estate offerings in Howrah are considerably cheaper, allowing owners to enjoy spacious homes at affordable prices.

Its proximity and connectivity to Kolkata make it a prime location for residential projects, and the rapid infrastructural development in the city is cause for rising price appreciation and demands in the real estate market.

These factors make the area the ideal choice for promising and long-term returns.

Make the most of this real estate goldmine with Joyville Western Heights: Howrah’s largest residential greenfield project!

Located near Santragachi, this gated community offers affordable 2 and 3 BHK flats in Howrah with a plethora of amenities, community spaces, and retail outlets that cater to your every comfort and need.

To learn more about their 2 and 3 BHK homes in Western Heights, click here — https://www.joyvillehomes.com/joyville-howrah/

Originally Published at  - https://industryupdates.medium.com/why-invest-in-howrah-c319892be3c2

Is Hinjewadi a good place to invest?

 

Image Source — https://web.archive.org/web/20161011183804/http://www.panoramio.com/photo/5667099

Hinjewadi: the ideal investment opportunity

Synonymous with IT, Pune’s Hinjewadi is one of the fastest-growing real estate markets in the country. With its proximity to IT parks, rapid infrastructural development, and promising investment returns, Hinjewadi is quickly becoming the top choice for seasoned investors and first-time buyers.

Here are some reasons why you should consider joining the bandwagon:

IT hub of Pune:

Hinjewadi houses the Rajiv Gandhi Infotech Park, with over 150 IT, manufacturing, and pharmaceutical industries. It is one of the largest employment hubs in the city, with a working population of over 3 lakh people by prominent IT/ITES and non-IT companies.

Scores of residential projects have sprung up to accommodate these employees, encouraging a “work to walk” culture in the location.

Connectivity:

Strategically placed right next to the Mumbai-Pune Expressway, Hinjewadi is well connected to the commercial districts of Mumbai and Pune, along with surrounding IT hubs like Baner, Balewadi, and Pimpri Chinchwad.

Relative closeness to Pune International Airport and Pune Railway Station ensures efficient connectivity via other modes of transport as well. Inner ring roads and the upcoming Hinjewadi–Shivajinagar Metro Line are expected to aid accessibility for the better.

Infrastructure:

Hinjewadi has seen a slew of attractive infrastructural developments, with commercial, educational, and healthcare institutions catering to the needs of the people. Public amenities like recreational facilities and shopping centers assure a well-balanced lifestyle.

Hinjewadi currently has three phases, with an additional three phases under development. Moreover, security-centric projects, like installing CCTVs, are in the pipeline to ensure a safe and secure environment for residents.

Investment opportunities:

Hinjewadi has seen some of the most promising investment returns in real estate, with prices appreciating by 13% in the last year and up to 32% in the past three years. The location generates handsome returns through rental incomes due to its significant working and migrating population.

An array of greenfield residential projects ranging from affordable housing to premium residences makes Hinjewadi your perfect investment opportunity.

So look no further, for the best is right here! Experience decadence at Joyville Sensorium with their spacious, but affordable 2 and 3 BHK homes.

Nestled on the banks of the Mula River, this home promises spectacular views, luxurious amenities, and a well-rounded lifestyle.

To learn all about their 2 and 3 BHK homes in Sensorium, click here — https://www.joyvillehomes.com/sensorium/

Originally Published at - https://industryupdates.medium.com/is-hinjewadi-a-good-place-to-invest-954dc50ec3a9

Difference between EPC vs EPCM vs PMC

 

How do EPC, EPCM and PMC projects differ from each other?

In the world of construction, there are several approaches that one can take to handle the project which include contracting 1 contractor to oversee the entire project, or dividing your project into sections and handing over the management to specialised teams.

In an engineering project of a large scale, it is crucial to identify the right management style to undertake the project and deliver results successfully.

Engineering, procurement, and construction (EPC) contracts are a type of turnkey contract wherein you hire a single company to manage the entire solar installation process.

That company assumes full responsibility for everything from the design and engineering of your solar system to procuring the materials needed, and ultimately constructing the solar system at your location. This type of project helps to streamline your project management as you have only one point of contact.

Alternatively, PMC provides project management services for your construction project. They are used for specialised construction projects. Here the project benefits from the specialised expertise of competent project managers.

EPC projects undertaken by in-house engineering teams help provide world-class engineering solutions as they are experts in providing finesse. These teams single-handedly manage construction management, erection and commissioning amongst other segments of the project with their expertise.

A notable example of quality EPC projects is the Shapoorji Pallonji Group which provides a specialised research-based team that ensures the delivery of the best quality materials thereby reducing project costs tremendously.

Thus, they can maintain their reputation as a world-class service provider in turnkey projects. Their organisational culture emphasizes building responsibility and commitment towards clients across the organisation.

Their projects range from providing turnkey solutions to industrial projects with expertise in Minerals & Metals, Power, Bulk Material Handling Facilities in Ports & Mines, Fertilizers, Petrochemicals, Chemical Plants, Cement, Green Energy and other Industrial Plants.

Originally Published at - 

https://industryupdates.medium.com/difference-between-epc-vs-epcm-vs-pmc-63237055975e

Is 2024 the Right Time to Buy a Flat in Bangalore?

 

Ride the real estate wave in Bangalore

Here’s why Bangalore should be on your radar for home buying in 2024

With rising costs, standard of living and a global economic slowdown affecting the world one might expect to see a downward trend in home purchases. However, the city of Bangalore seems to be defying all the odds as it has experienced an upward surge in flat purchases over the past 2 years.

The primary reason Bangalore has made a steady comeback in the real estate market is its USP of being a hub for job opportunities around IT parks and office hubs. The booming job market provides a lucrative offering to plenty of people looking for their dream roles. While a small segment of these workers are native to the city, most shift from within the country to help shape their careers.

What are the popular trends observed in 2024?

1. Government subsidies:

With the Karnataka government providing subsidies under the Bengaluru Housing Plan, many lower and middle-income group individuals are availing these benefits to relocate to more affordable locations in Bangalore. New home construction subsidies are a lucrative offer for individuals willing to invest their funds in these schemes.

According to the NoBroker annual survey, 86% of landlords are considering purchasing a second property to capitalise on this lucrative market. Saurabh Garg,

2. Developed infrastructure facilities:

Being an urban hub city, Bangalore prides itself upon its infrastructurally developed set-up. Developed and well-connected metro lines, well-maintained road networks, and the presence of world-class educational and healthcare facilities make Bengaluru an enticing location for apartment buyers.

As an investment option, Bengaluru has provided an attractive return of 8.98% on housing in 10 years. If seen from an investment perspective, Bangalore has provided home buyers with an exceptionally high ROI and trends in the past years showcase that the demand for flats in Bangalore will only increase further.

With an abundance of residential projects that offer lush green spaces and ample open spaces, the sold-out status of the Parkwest project by the Shapoorji Pallonji Real Estate group only further highlights the lucrative status of Bangalore.

On the heels of the Parkwest project, the group also launched Parkwest 2.0 in Binnypet, at the heart of Bengaluru. Their 3 & 4 BHK flats in Binnypete start at extremely affordable prices of ₹2.6 crore and ₹3.5 crore respectively making them highly coveted locations for purchase.

View their project details on their website here — https://shapoorjirealestate.com/residential/parkwest-20/

Originally Published at - https://industryupdates.medium.com/is-2024-the-right-time-to-buy-a-flat-in-bangalore-b5e973a72dce

History of RBI on the eve of 90 years of the Reserve Bank of India (RBI)

 

Reserve Bank of India (RBI) Old Building

A history of RBI’s infrastructure

The Indian banking system has developed over time since India’s independence. Established in the early 20th century, The Reserve Bank of India was established under the Reserve Bank of India Act in 1934.

Granted on a statutory basis, the bank officially commenced operations on April 1, 1935. The Bank began its operations by taking over control from the Government of India.

The centralisation of the banking system also embarked on three main objectives as their primary goal:

• Regulate the issue of banknotes
• Maintain reserves to secure monetary stability and
• To operate the credit and currency system of the country to its advantage.

These functions were earlier being performed by the Controller of Currency and the Imperial Bank of India, who managed the Government accounts and public debt.

The Reserve Bank of India was originally set up as a shareholder’s bank and was nationalised in 1949.

The Bank was also instrumental in institutional development by setting up institutions like the Deposit Insurance and Credit Guarantee Corporation of India (DICGC), the Unit Trust of India (UTI), the Industrial Development Bank of India (IDBI), the National Bank of Agriculture and Rural Development (NABARD), the Discount and Finance House of India (DFHI) among others to build the financial infrastructure of the country.

Being an important architectural marvel in terms of construction, design and its integral role in the history of the nation’s financial infrastructure, the RBI commissioned the Shapoorji Pallonji group to handle the construction of its new building.

While this project was commissioned at a challenging time of budget cuts, the structure serves of prime importance to the core monetary prowess of the nation.

Having previously constructed the RBI old building in Mumbai in 1939, the group had established their reputation for handling large-scale projects of imminent importance with finesse, irrespective of the magnitude and scale of the project.

Thus the new RBI building stands true to the Shapoorji Group values and serves as a structure of pivotal importance safeguarding the nation’s finances since 1980.

Originally Published at - https://industryupdates.medium.com/history-of-rbi-on-the-eve-of-90-years-of-the-reserve-bank-of-india-rbi-c9d8ff416af7