Mona Greens Latest Contraction Picture

Half BHK, Full Convenience - Real estate Blog

Singles not allowed' could very well be a gate sign at many residential societies, right below 'Beware of Dog' and 'No Parking'. Finding a clean, safe and accessible place to live has always been an uphill task for singles in India, especially women. Now, tech start-ups are coming to the rescue.

Nestaway is one such company. Founded in January this year by four graduates of the National Institute of Technology, it is an online marketplace for shared home rentals for singles in Bangalore, NCR, Pune and Hyderabad. It has given birth to the concept of half-BHKs - a bedroom shared by two people, and a common space that includes a living room and a kitchen.

"There is a trust deficit in the minds of flat owners when it comes to singles. Bachelors can't afford to rent a whole flat and owners feel they won't be able to deal with multiple tenants. This is where we come in," says Deepak Dhar, co-founder of Nestaway, which has helped find homes for 2,000 singles. The start-up is not just a property-listing platform. It furnishes bare properties and offers fully managed apartments to young working professionals at rents ranging from Rs 6,000 (twin sharing) to Rs 15,000 (solo room). From rent collection to maintenance, the company manages the property and, in turn, charges the owner 12.5% of the rent collected.

"Nestaway helped reduced the security deposit - which can go as high as 11 months' worth of rent in Bangalore- to just two months. Also, none of the PG restrictions we faced earlier with regards to guests and timings apply here," says Nandita Jain, 28, who found a 2BHK for herself and her two friends in Bangalore this April.

Another start-up, Cohostayz, is trying to do the same for the singles demographic in the Delhi-NCR area. However its properties that offer millennials a high-end living experience come at a premium. Stocked with air fryers, back and foot massagers, yoga mats, and poker, these properties come in two categories - apartments and villas. The latter typically has 10 rooms and a common lounge area which is used by the 25-odd tenants to socialize. "Villas offer a community living experience and cater to the individual who likes to have a social life outside work," says Uday Lakkar, founder of Cohostayz. The lounge offers luxuries like Playstations, pool tables, LED TVs, and reading area. The rent ranges from Rs 12,000 (twin sharing) to Rs 25,000 (solo). Both the start-ups provide Whatsapp numbers or email ids for quick resolution of issues like plumbing, security or even DTH recharges.

"The concept is very well thought through for working women and I can focus on my work here, without worrying about housekeeping, groceries, or cooking," says Santosh Agarwal, 33, who pays Rs 24,000 for a solo room in a 2BHK in Gurgaon.

But these start-ups are limited to a few cities. Most single women still run into conventional obstacles. "'Single girls will bring unknown guests and create nuisance' is a common line thrown our way," says 24-year-old Delhi resident Sneha Agarwal. It took Tania Singla and three of her friends a month to find a place in Mumbai. Even after they moved in, the problems didn't stop. "I was once summoned to a 'society security meeting' where I was told that my coming back at 2am wouldn't work. How does it endanger their security or culture if I work late?" says 25-year-old Singla.

For More Click : http://timesofindia.indiatimes.com/home/sunday-times/deep-focus/Half-BHK-full-convenience/articleshow/49875181.cms

Bank lending to real estate slows down

As the real estate sector continues to struggle with rising inventory and threats of a price crash in certain pockets,banks have also reduced lending to the commercial real estate sector.

According to Reserve Bank of India (RBI) data, between May 30, 2014, and May 29, 2015, lending to commercial real estate business grew at 7.5 per cent whereas in the corresponding period a year ago it grew at 17.8 per cent.

Bankers said the general slowdown in the economy coupled with the challenges in the real estate sector had led to slower lending. “General economic activity has been relatively low and that holds true for even commercial real estate business. Apart from this, there have also been concerns on the quality of projects which have been lower. So it is a combination of the risk appetite and also lower demand,” explained Jaideep Iyer, group president-financial management of YES Bank.

Sky High WOES

In FY15, credit to the sector grew at the slowest pace in the past 17 years, at only 9.52 per cent.

“Usually in India, lending to real estate grows much faster than overall bank credit growth… RBI data suggest the banking system seems to have turned the tap off for property developers over the past year. This has, in turn, made developers either stop construction or cut prices,” said a recent Ambit report on the real estate sector.

Commercial real estate has a higher risk weighted asset, therefore lenders are also more stringent about lending to this sector. The risk weight on the commercial real estate sector is at 100 per cent and is the higher when compared with the residential sector (under commercial) or on loans given to individuals.

Ashutosh Khajuria, executive director, Federal Bank, said considering the demand and the supply situation in the country, even banks have become cautious on lending to the real estate sector as a whole. “Before lending, banks are checking more cautiously on the real estate company, the project in the works and the viability of it. Therefore, the overall lending has come off a bit,” he added.

Experts say, considering the lending squeeze, developers have either stopped construction — which has led to an increase in unfinished product — or have cut prices.

“Data from property research houses suggest that regions like Mumbai and Delhi would take as many as 11-14 quarters to clear the existing inventory. Real estate brokers say that the time taken to clear the inventories in a healthy real estate market should be around four-six quarters,” added the Ambit report.

Resource From: http://www.business-standard.com/article/finance/bank-lending-to-real-estate-slows-down-115072301159_1.html

Faultlines in realty- The Tribune

Immediately after the earthquake in Nepal last week a builder sent a group WhatsApp message saying: “Our project in Noida is NCR’s first and only earthquake- resistant structure with seismic zone V compliance approved by IIT Bombay. Possession next month.”

Well, hard as it is to swallow the blatant opportunism in the face of such a tragedy, the message also brings forth the lack of awareness about proper building norms in this regard. If the sincerity of the real estate developers in this part of the world is that high then ideally they should incorporate the safety techniques used in their project in their marketing brochures.

The missing code?

Looking at the devastation caused in Nepal last week one is forced to think how safe our multi-stored buildings are actually. Are we living in virtual house of cards or a stringent code is being followed to make buildings stronger. After a massive earthquake it is but natural to wonder if it’s possible to build an earthquake-proof building? The answer is yes and no. “There are of course, engineering techniques that can be used to create a very sound structure that will endure a modest or even a strong quake. However, during a very strong earthquake, even the best engineered building may suffer severe damage,” says Dr. Chandra , a noted Civil Engineer working for National Institute of Disaster Management (NIDM).

According to NIDM, over 90 per cent of our so-called Reinforced Framed Buildings across India are vulnerable to any kind of natural disaster. “The construction process of most of these go unchecked. We are moving at a tremendous pace and most of the ongoing constructions are not following any guidelines,” claims Prof. Anil Dewan of School of Planning and Architecture.

The Bureau of Indian Standards (BIS) — the national standard body of India— is supposed to monitor construction standards and ensure that the builders are complying with the different provisions of the building code.

According to BIS about 85 per cent area of the country is vulnerable to one or multiple disasters and about 57 per cent area, including the capital of the country, falls in high seismic zone.

Disaster prevention involves engineering intervention in buildings and structures to make them strong enough to withstand the impact of an earthquake or to impose restrictions on land use so that human casualities in case of such a disaster can be ministered.

Though the National Building Code (NBC) of India that mostly talks about the fire and life safety, has also introduced a clause to restrict the use of foundations vulnerable to differential settlements in severe seismic zones, it is not intended to lay down regulations that will be mandatory for builders to follow. The NBC Code only says that it “has been endeavored to ensure that as far as possible structures are able to respond, without structural damage to shocks of moderate intensities and without total collapse to shocks of heavy intensities.”

The larger question is whether this is enough. The residents of Gurgaon staying on 18th floor or higher height do not think so. “If a high intensity earthquake in Nepal could sway my apartment then what will happen if we have one in Delhi”, asks Gaurav Chaudhry, a resident of Gurgaon.

Claims and reality

In terms of a reality check, most of the high-rise projects in cities like Mumbai and Delhi are being designed to withstand a tremblor of a certain intensity. However, these intensities may vary as per the corresponding seismic zone of a particular area. The developers point out that the buildings that are designed worldwide are earthquake-resistant but not earthquake-proof.

From a policy standpoint, across the Indian cities there is no provision for structural safety and stability of existing buildings; there is no specified law for the redevelopment of old and dilapidated buildings. BIS has published a number of codes to ensure proper quantity of reinforcement and ductile detailing to achieve the desired level of earthquake-resistance.

Compliance to these codes and their periodic checking by the agencies concerned, however, is a missing link. Structural engineers suggest that officials from respective authority should conduct periodic checks of all under-construction buildings to ensure that right building techniques are employed by builders and issue safe-structure certificates to buildings.

Grading the buildings on the structural level safety should also be mandatory to enhance buyers’ confidence.

The developers, meanwhile, would like us to believe that their projects are designed to be earthquake-resistant in all possible manners with the best structural engineers and designers of the country.

Mohit Goel, CEO of Omaxe admits that the recent earthquake in Nepal and the damage to life and property that it inflicted is a serious cause of concern for those in Delhi NCR. He, however, maintains the assumption that all buildings will be impacted would be an over statement.

Rattan Hawelia, Chairman & Founder, Hawelia Group, points out that the construction industry has gone through major technological advancement. Of late, building design, especially for high rise and special buildings, has become a complex process, that integrates many skills, products and techniques into its system.

Structural engineers, however, have a different take. Dr Rajeev Dua, Head of Optimization Consultants recommends that developers should join hands with the best names of structural engineers from around the globe that have a proven track record and required knowledge in designing of high-rise buildings. Right from the soil investigation and wind stability conditions to the apt foundation design as per the height and shape of the building, these high rise structures can be made capable of bearing all types of loads and deflections in case of an earthquake.

The spotlight has suddenly been on the need for stronger buildings that can weather the natural calamity. However, there is no standardized mechanism of due diligence for the buyers today to understand whether their high rise building is actually earthquake proof or not. Though ideally the recent calamity should have resulted in some learning for the Indian real estate, the focus of the developers is yet on lip service than on preventive and corrective measures. Samir Jasuja, head Prop Equity, has a suggestion for all the would be buyers of flats in residential and commercial buildings. They should ask realty firms whether they constructed earthquake resistant buildings. As that is not enough, they should talk to engineers of realty firms in this regard.

Globally, in Japan which is one of the most earthquake-prone country there has been extensive use of rubber padding and roller in foundationsso that in case of an earthquake the building could roll up to 3 meters instead of bending which often leads to crack or collapse. This, however, seems to be too far fetched in a country where the law book is silent about fixing responsibility. So no one knows who is to blame — the architect, engineer or the developer — in case a building collapses in an earthquake the onus of responsibility will be.

Test of strength

Experts say that engineers design buildings to withstand as much sideways motion as possible in order to minimise damage to the structure and give the occupants time to get out safely. Buildings are basically designed to support a vertical load in order to support the walls, roof and all the stuff inside to keep them standing. Earthquakes present a lateral, or sideways, load to the building structure that is a bit more complicated to account for. One way to make a simple structure more resistant to these lateral forces is to tie the walls, floor, roof, and foundations into a rigid box that holds together when shaken by a quake.

The most dangerous building construction, from an earthquake point of view, is unenforced brick or concrete block. Generally, this type of construction has walls that are made of bricks stacked on top of each other and held together with mortar. The roof is laid across the top. The weight of the roof is carried straight down through the wall to the foundation. When this type of construction is subject to a lateral force from an earthquake the walls tip over or crumble and the roof caves in like a pack of cards.

Based on the 2011 Census, the Technology Building Council categorized the type of buildings in India — bricks, concrete, bamboo, etc. Among these, only 2.6 per cent of our building stock is reinforcement-framed. Of these, as many as 90 per cent are vulnerable to damages as these are unauthorized constructions. Of the total number of buildings, 45 per cent are made of bricks without pillars, which are highly vulnerable to earthquake.

This is very nice view on earthquake and you understand what is basci points you must be care when you want to build a home. 

Blog Source : http://www.tribuneindia.com/news/real-estate/faultlines-in-realty/74818.html  

Mona Greens- Best 2 BHK flats option

Zirakpur, the city of full enjoy and masti. If you want to buy a home in this area according to Mona Greens is now one of the best option for you. When i  am telling about this project because we have taken so much information about this project. It is build up by Mona Townships , it is very nice and honest builders in this area. And they know for on time possession and best service with low price.

Why you buy Mona Greens ?
This is very right question because in zirakpur only so many project going on so why we buy this project.You all know how many case going on in our court for real estate , according to me so many .And i am not saying that you buy only this project but this ready to move flats and it is one of the best reason that i would say buy for this. Because when you want to shift in this city , you can not wait 3 and 4 years.

Because if you will book any new project then min. time of possession near about 1 years after so why is your profit. And here you just pay your money and come with your family and your home waiting for you.

image Of Mona Greens

So in this pic you can see that your Mona Greens 2 bhk falts in zirakpur now ready to move. So do not waste your time just call us toll free number of 1800 3000 3143. And if you have any problem comment below and i will talk to Mona Townships.

Construction Progress as on 15.03.2015 of Mona Greens Apartments in Zira...

Just Buy : Don't Wait to Pay More

Currently in India, it is a smart choice to purchase home/apartment/villas according to Different real estate expert in different City. This statement is given because in future Price Rate of home/apartment/villas will increase with high price margin. this is not only Reason To buy a home but this is the important one. Some other reason which will initiate This situation are following :

Property In Zirakpur

1: Rents are High :
 Currently in India most of people living in rented house in urban City. So you can earn easily through put your home on rent . This is easiest way

To income some extra money.

  

2:Qualification is easy to get : 

In India currently purchase a home is easiest . In past buy Home is difficult and time taking because of paperwork and registration process. This is One factor people are not buy apartments. But after some relaxation on process by Government it's makes easy to buy.

  

3: It feels good : 

Every person want live in his/her dream home/Apartment. so purchasing Home for own family makes feel good. There nothing compares to walking into home That's yours first time. To paint,decorate and updating kitchen makes so happy and There's Nothing to worrying about to rent being raised.

  

4: One big Investments : 

Purchase  home is one big investments and smart choice. According to Investopedia "The largest measurable financial benefit to home-ownership is Price appreciation" .

Currently India is growing as big economic country in world wide. economic status of India gradually  increasing the main cause of behind this factor is different industry comes In different sector e.g. Information technology,Financial Sector, Defence Sector, Real Estate , Medical Sector etc.

             Real estate is one sector who growing very fast in India because people are Moving from rural to urban place. Because of this reason space complexity increasing.

The meaning of space complexity is houses are less as compare to people living in City. In Future this complexity will reach at highest peak value.

At that time value of Home/Apartment to buy is more difficult as compare to current time. Movement of people towards urban City makes government to worry about how to Provide them home in low price in City.

                 Government Authority and Real Estate Developer decided to provide an Economic Home/Apartment to people who are working in urban City under different Scheme According to their Financial status. Also Government decided to develop a small City into metro City/smart City. this idea has invoked to stop movement and provide Employment to people who are moving to other city. So in current time is most easy to Purchase home with some great offer and relaxation. For example zirakpur is one Beautiful city near Chandigarh and Mohali. This is The City Which is in Eye of Real Estate Builders.

Zirakpur city is situated in punjab state of India. This city is blessed by nature which Makes this  place to live and buy a dream home. Zirakpur is one of  growing city in  punjab And it is so close to Mohali by distance. Mohali known as one of  upcoming IT city in India , Because of this reason many people comes to Mohali for different purpose e.g. job, Business. People needs own home to live without wasting their money to pay rent. Zirakpur  is city to place buy home at cheap price rate if you interested buy a home near Mohali City. Distance between Mohali & Zirakpur city is around 6 km so live in Zirakpur City who worked in Mohali city is a convenient option. Also Zirakpur is much cheaper than Mohali. There are many Real Estate Builders present in Zirakpur who sales Flats/Apartments in good price rate. Following table contains few Detail Information about Available Property in zirakpur chandigarh

Sr.	Property Name	Type	Builder	Price
1	Sushma Crescent	3 BHK	Sushma Buildtech Limited	55.77* Lac
2	Mona Greens	2 BHK	Mona Townships Pvt. Ltd.	53.05* Lac
3	Malwa Escon Arena	4 BHK	Malwa Projects Pvt ltd	75.76* Lac
4	Motia Oasis	3 BHK	Motia Township Pvt Ltd.	39* Lac
5	MD Leafstone Luxury Apartments	3 BHK	MD Builders and developer	49.89* Lac
6	Maya Garden City	6 BHK	Maya Estatz	1.78* Crore

Very short and perfect list for buy your property.  

Own House !!There’s No Place like Home!!

Currently in The World Around 7.325 Billion People are Living. But We Don’t Know How Many People Have Their Own Home. According to United Nations(UN) in Year 2005 Approximately 200 Million People of World are Homeless. For a Family , House is Most Important Asset. In This World Every Person Want to Buy Their Own Dream House But They Can’t. There are Many Reason Exists Behind This Problem , According Survey of Different Social Organization The Greatest Causes of Homelessness are :

1. Poverty
2. Lack of Affordable house
3. Unemployment

In Year 2011 , As per Govt of India , Around 938348 People are living in Urban City. Including 47724 in National Capital Territory of Delhi. It is Estimated That One in  over 100 People are Homeless in India. To Overcome This problem , Government of India Has Initiated Many Scheme Which are :

1. JNNURM (Jawaharlal Nehru National Urban Renewal Mission) 
2. Rajiv Awas Yojana (RAY)
3. Affordable Housing in Partnership (AHP)

Above Scheme are The Few Example of  Housing Scheme Which is Initiated by Government of India. There are Many Scheme are Running by Government. Also Government Invite real Estate Businessman to Take Initiative Towards This Problem. Because of This Initiative  Real Estate Developer Developing Affordable Multi Floor Buildings in Many Urban Areas to Provide Home To a Middle Class Family. But It’s not Sufficient to Rectify  This Problem , We Have to Take Many Other Initiative For Example Increase Employment in Different Sector.

                               Currently Indian Penal Court Order That Every Unsold Flat Income Will be add to Developer’s Income. means If Businessman Held a Ready Flats Then He Will be Pay Tax on That Property Because of This Reason Price Rate of  Home/Flats Could Decrease. Currently This Proposal is Under viewing By Government if it Clears Many People can Purchase Their Dream Home at Low Price Rate.

To Know more : 2 BHK Flats

history of 2 bhk

Home, simple word and simple meaning but very hard to build a real home. And i hope it is the one reason of them that someone says to you build your dream home. Because we are man we can archived  all that i thing but we can dream it first and further trying to get. It is human nature. 

History of 2 BHK-

 Once upon a time when the king was every thing as like god. And they do not know how many rooms in there palace . Because at that time so much money in India and it is the reason it is "Golden Bird " on the earth.And the king gives to all people homes and money for survives the life. And they were working according to knowledge and get according to money. When our country has free from British rule. It is trying to develop in every sector. And the small house has only two bedroom with some more space it is called 2 bhk flats. But at that time people do not know that name ,in simple word they know that it was a small house. And it was making for two or more people.

How to born 2 BHK- 

India , believed to single or big family  but time is changed. And the today's generation want be min. and for this they will searching for small home. It is means in simple and state meaning of born in 2 bhk , just because of people want to some personal life without full family. They want to some time with own family means only he and his wife and one or two children.  

Reason for born 

Big Family or Large Family :This is one of the big reason for born of 2 bhk because in big family , you can not find some privacy. 

Need some privacy:  When you are in small family you have lots of time for your family and other works but when you are in big family you have find only few hours for your wife and child and it is not good for this born of 2 bhk.

One man ownership  

what is future of 2 bhk - According to me very bright future of 2 bhk. There are so many points that ping to show that 2 bhk in demand in future also. May be some bad time for 3&4 bhk flats and apartments but no issue with 2 bhk. 

The population of this world increase day by day and your home size be in limit day by day. So it is great and mast future of 2 bhk not only in India but not also world. 

Know your dream home is good or not ?

"Life is struggle" it is very simple logic but when we stating living and we realized that it is not only struggle, it is puzzle and you can solved this so easy. Because every moments it is change.  

So now we come to the points we are taking about how do we know that home we are planing for it is good or not ?

Legal paper : It's the most important  to check before buying your dream home otherwise you will be in trouble. In every city there are local government bodies authorized to approve maps of any building. And it is your responsibility that you must be checked before buy .

Builder Goodwill: It is very simple and easy way to find the best and nice builder of your area. Because goodwill not comes few days or months , it is a long process, so it is very important before buy your home know about the builder goodwill. 

 Work Status: Before all sign on the paper you must be talk about the all type of your question. it is your last change for asking all type of this question. By seeing different projects you will be in a better position to make judgement about Quality, Facilities and Price.

Project Location with future growth:  My This is one of the most and important points because we all know that Home is not changed so fast and easy and it is your best gift to your son. And they says in future it is made by father So it is very need that you must be guess that  after some years you might realize that you have done the mistake by selecting Residential Project located on the main road because of increased traffic sound and commercial activities. Remember we are buying home not office. While selecting any location you should check for basic facilities like grocery store, schools, hospitals, public transport , they all basic need and you can not avid them.

Loan Facility: In India all every people have money so you must be see that your builder provide a bank loan or not . Because all the builder know that for a middle class family it is very hard task . For this they have ti up with some bank where you can find your bank loan so early. 

Price :It is base of your home because we all want to min money with mix facilities. So have compare to price of your flats and home from other builders. 

This all inforamtion for save some trouble before buy your home.