Showing posts with label growth. Show all posts
Showing posts with label growth. Show all posts

Monday, 16 July 2012

Only 27 lucky few get to live in 7 Star Big I project in Trivandrum!

Big Infratech has launched India's first 7 star apartments with 27 exclusive condominiums on 22 floors and as well as with international shopping mall just opposite to technopark campus. The project is under construction currently. This marks the new range of super luxury apartments being opened in Trivandrum. The following is Big Infratech's description and specification of this complex. This could mark a new beginning in the launch of King Size super luxury apartments costing crores in Trivandrum city. For more read here: Big I project

Specification and Description by Big Infractech.

"We are bringing an exclusive project big "i" mall & apartments, the first of its kind, opposite to technopark, trivandrum. Every care has been taken to incorporate the best of amenities and comforts to make this an 'iconic' project. From seventh to the seventeenth floor, you have two apartments on each floor. And from the eighteenth floor you have only one apartment on each floor. In essence you will enjoy the luxury of privacy.

At I, expect nothing but the worlds best. It has the best facilities in the world sourced and installed by the best in that particular area of expertise. For instance, mood lighting is done by Schneider Electric - France, capsule elevator by Schindler - Switzerland,ensuite digital toilets by Grohe - Germany etc. Imagine the worlds best involved in building your home, right here in Trivandrum.

Comes to life opposite Technopark, Trivandrum, the greenest Technopolis in the world. In other words, on the most appreciating stretch of land in Kerala today. Its close to the airport, on the way to Kovalam and the new proposed Vizhinjam harbour.I is the iconic project of BIG Infratech India Pvt. Ltd.

Your apartment at I, sports an unbelievable 360o view of the sky, the sea and the technopark. Get ready to have sunrises and sunsets play an important role in your life.

A 20,000 sq.ft. club floor. The all weather pool with a 10 metre high waterfall, a rain dance area and underwater music can also be a perfect backdrop for the poolside party area. The air-conditioned gym, the spa, and the spaces for yoga, meditation and library will define your tomorrow, today.

:: Green Building standards
:: Opposite Technopark
:: Glitzy shopping mall
:: Sea view
:: 360 panoramic view
:: Air-conditioned apartment
:: Personalized mood light settings
:: Ensuite (digital toilet)|Helipad on roof-top
:: All weather musical swimming pool with 10 metre high waterfall
:: Spa with sauna, jacuzzi, massage room and steam bath
:: Squash court on 22nd floor with spider glass wall
:: Billiards
:: Pool table
:: Bar counter at balcony
:: Personalized lift call button
:: Capsule lift with panoramic view
:: Schindler elevators
:: Automated boom barrier entry for car parking
:: Biometric access
:: Personalized elevator
:: Air-conditioned gymnasium
:: Digital switches with remote control
:: 22 storey building
:: Apartments starting from 7th floor (from basement)
:: Extended terrace
:: Hydro pneumatic water supply system
:: National highway frontage
:: One apartment per floor (starting from 17th floor)
:: Friendly access for physically challenged
:: Food court with coffee parlour
:: 10 ft. clear height for each floor

Common Amenities:

:: 100% power back-up
:: Grand lounge area with elegant furniture
:: Reticulated gas system
:: Table tennis
:: Jogging track
:: Floral walkway
:: Water bodies
:: Landscaped childrens play area
:: Fully furnished guest suite
:: Waste management system
:: Sewage treatment plant
:: Fire and safety system
:: Rainwater harvesting
:: Hybrid car charging facility
:: Multi-level security system
:: Seismic zone 3 compliant
:: Party pavilion
:: Common toilets for drivers and servants
:: Space for ATM
:: Service centre
:: Garbage chute
:: All weather musical swimming pool with I0 metre high waterfall
:: Spa with sauna, jacuzzi, massage room and steam bath
:: Air-conditioned gymnasium
:: Provision for recreation club
:: Schindler elevators
:: Hydro pneumatic water supply system
:: Space for meditation, yoga, library and visiting doctors
:: Billiards
:: Pool table
:: Sky squash court on 22nd floor

Mood lighting: It gives you the option to choose the mood that you are looking forward to in your room at a particular time. Be it romantic, party or whatever, you opt for it on your remote.

Where do you buy you next property in Trivandrum - A cue on real estate buying by location & developments


This is a question most home buyers struggle with. Where do I get the maximum appreciation within the  Trivandrum city. Do I buy an apartment or a plot of land? We have another article on that subject.

The other question is do you go for something near Technopark or within the city? Thus its very evident that the location of the property is not such an easy choice. We present a few tips here to make your decision simpler.

1. Real estate development in Kazhakootam & Rental income - Both sides of the Kazhakoottam-Chackai bypass are infested with high rises. However off late there seems to an over supply and lesser demand for projects in this area. Hence you could get good bargains from builders on a new launch or yet to be sold property. The attractive proposition is the rent that one could command in excess of Rs.10,000 for a 2 BHK apartment or in excess of Rs.15000 for a 3BHK apartment.

2. Within the city - new growth areas - Vattiyoorkavu and PTP Nagar are 2 upcoming areas worth consideration within Trivandrum city. The governments development project at Vattiyoorkavu, coupled with the Greenfield Indoor Stadium at Vattiyoorkavu that is proposed to be constructed in the available space in the Central Polytechnic Campus, Vattiyoorkavu, Trivandrum is sure to escalate prices in the area after 2013. The Vattiyoorkavu sports complex is set to have the following facilities -Indoor Seating Capacity  – 5000, Indoor arena for Badminton, Basketball, Volleyball, Table Tennis & Lawn Tennis , Olympic size Aquatic facilities, Parking space for 400 cars. For more read about it here: http://www.35thnationalgames.in/index.php/sports-infrastructures/new-infrastructure/224?start=1. These areas are also seeing budget apartments under Rs.30 Lakhs which makes it quite affordable for a majority of the populace.


3. Vazhuthacaud - Vellayambalam - Sasthamangalam - This is an area within the city which has seen rapid increase in real estate rates. Partially due to the completion of road works, and lots of new offices coming in. Hence a combination of residential cum commercial complexes can be seen springing up here. Rental incomes here could touch Rs.20,000 for a 3BHK which makes it quite attractive for those who are buying on EMIs. The current property rates are around 4500 to 5500 per sq. ft. , however we feel this area has not touched the inflection point yet and rates could increase to 7000 or 8000 per sq. ft in the next 4 to 5 years.

4. MG Road - The most prime residential area in the city also features some new launches by builders like Power Link. With new towers coming up in the Ayurveda college region, if you can afford, MG road will be worth the bet in the years to come. The rentals here touch up to Rs.25,000 a month.

5. Mono rail connected areas-  The debate on the mass rapid transport system lingers on with options like Mono Rail, Metro, LRTS etc. being considered. In Phase 1 - The 19 stations for the proposed mono rail would be located at Technocity Extension, Technocity, Pallipuram, Thamarakulam, Kaniyapuram, RVTI Junction, Kazhakootam, Karyavattom, Pangaparra Guru Mandiram, Pangaparra C H Memorial School, Sreekaryam, Pongumoodu, Ulloor, Kesavadasapuram, Pattom, Plamoodu, Palyaam, Statue and Thampanoor. Phase I will culminate in front of the Sreekumar Theatre. In Phase 2 - 16 stations. Killippalam, Karamana, Kaimanam, Pappanamcode, Karakkamandapam, Vellayani Junction, Pravachambalam, Pallichal, Paroorkuzhi, Mudavoorpara, Balaramapuram, Vazhimukku, Pathamkallu, Moonukallinmoodu, Aalummoodu and Neyyattinkara.

Our recommendation is that if you want to see appreciation in the next 4 to 5 years for your property go for locations in phase 1 of this project. If you want to go for a budget plot or apartment and go for appreciation in 10 to 12 years look at areas in Phase 2 of this project. Going by experience in other Tier 1 and 2 cities, a mass rapid system shoots up property prices by 40 to 50% once the project is in working condition.

The final choice of location of your property could be made keeping in mind these developments. However you can be rest assured that on an average you would get a return on 18% odd on investments made in real estate in Trivandrum given the present trends. With the outlook looking upbeat for the next decade the actual returns could be in excess of 20 to 30%. So any time is a good time to invest in real estate in the city.

Sunday, 15 July 2012

Vattiyoorkavu area poised for strong real estate boom

The government will speedily implement a project costing more than Rs.150 crore for the improvement of Vattiyoorkavu road junction and the roads leading from there to Vazhayila, Peroorkada and Sasthamangalam, Public Works Minister V.K. Ebrahim Kunju told the Assembly on Monday.

 As reported by the Hindu, the government had already given administrative sanction for giving Rs.145 crore for the improvement of the roads going in three directions from Vattiyoorkavu junction.
This development is set to increase property rates in the Sasthamangalam - Vattiyorkavu stretch in the next six months to one year.

For more on projects in and around Vattiyoorkavu , please contact www.nandanamconsultants.in