Saturday, March 30, 2013

Noida to get Rs.3,300 crore development bonanza



Lucknow, March 30 (IANS) After a year, Noida is back on the development radar of the Uttar Pradesh government which is set to unveil projects next month worth Rs.3,300 crore for the development of the corporate hub, a senior official said. These will include steps to alleviate its chronic power shortage.
The "impetus package" for Noida, in the National Capital Region (NCR), has been approved by Uttar Pradesh Chief Minister Akhilesh Yadav. The projects encompass Noida, Greater Noida and the Yamuna Expressway.
"This is the biggest developmental kick for any single district. We hope to take some big leaps after these projects are announced and existing ones inaugurated by the chief minister," a senior Noida official told IANS in the state capital.
Officials said one of the biggest boons for Noida would be a sewage treatment plant (STP) in Sector 123. The STP - built after a study and recommendation of IIT Roorkee - would benefit 28 sectors in Noida, the official said.
Other projects include a Nari Niketan building in Sector 34 at a cost of Rs.22 crore, an underpass at the intersections of Sectors 32, 35, 39 and 51 (Rs.50 crore), underpasses at the Master Plan Road 3 in Sectors 94 and 95 (Rs.40 crore), a multi-level car parking at the busy Sector 18 (Rs.250 crore) and a district hospital in Sector 39 (Rs.424 crore).
The district hospital, to be built on 14,000 square metres, will have 200 beds and would be equipped with a trauma unit, pathology lab and radiological units and intensive care unit. Half the beds would be reserved for women, including pregnant women, the official said.
The multi-level parking lot in Sector 18 would be spread over 26,840 square metres. It will accommodate 3,085 cars and would be monitored by CCTVs. Battery-operated shuttles will ferry car users from the facility to nearby areas.
To combat Noida's power shortage, two 400 KV sub-stations will be set up in Sector 123 and one 400/220 KV sub-station in Sector 148 at a total cost of Rs.1,016 crore.
Greater Noida will get a medical university at a cost of Rs.500 crore.
Also on the anvil are an administrative block in Greater Noida costing Rs.300 crore and 7,200 affordable flats in Sector 10. Each flat would be of 29.76 square metres. Sector 18 will get 4,425 flats costing Rs.7.75 lakh each.
A Rs.10 crore 33 KV sub-station will also be built by the Yamuna Expressway Authority at Sector 17-A. A double circuit electricity line is already being laid.
Noida, across the Yamuna river and abutting east and south Delhi, was conceptualised in the 1970s as an industrial hub to ease the pressure on the national capital. It has now grown into a sprawling industrial-commercial-residential hub where land prices are among the highest in the world. As the pressure on Noida grew, the Uttar Pradesh government conceptualised the Greater Noida township in the late 1980s.

Thursday, January 24, 2013

Now India to host Real Estate Luxury Show



New Delhi, Jan 24 (IANS) After fashion weeks and wedding exhibitions, India is now set to welcome a first-of-its-kind Real Estate Luxury Show (RLS India 2013), which will serve as a platform for showcasing the properties of the country's real estate giants.
The two-day multi-city show, organised by Global Ventures Media in association with Indicom, will start March 9 at Mumbai's Four Seasons Hotel. The show will also tour other luxury destination like New Delhi and Bangalore.
"Analysts predict that the luxury residential market has a potential to grow at a Compound Annual Growth Rate (CAGR) of around 28 per cent during 2011-2013. This show is a platform to share the affluence of our nation," Tejas Chhatriwala, director, Global Ventures Media, said in a statement.
The show is strictly by invitation only and will have some of the leading real estate companies, luxury interior and products designers exhibiting their brands.
"People who find luxury in garments and accessories certainly understand that luxury is an experience. It is at home that everyone finds luxury. This initiative will offer a luxury living experience," Chhatriwala told IANS.

Sunday, January 13, 2013

Mumbai is all set to host India’s first Real Estate Luxury Show


One-of-its-kind luxury living experience


January 13, 2013: Global Ventures Media, India’s leading event organizers, in association with iNDICOM, announces the launch of a two day premium luxury property affair, The Real Estate Luxury Show (RLS India 2013). This multi city show is scheduled to commence on 9th March 2013 to 10th March 2013 at Four Seasons Hotel, Mumbai. The Show will also tour other luxury destination like Delhi and Bangalore. The Real Estate Luxury Show will showcase some of the most prominent super luxury real estate properties and will cater to an elite and discerning target audience in 3 City tour i.e. Mumbai, Delhi and Bangalore.
The Real Estate Luxury Show will bring together the top luxury real estate companies, luxury interiors/product designers, luxury brands and much more that offer a luxury living experience to an elite and discerning target audience who understand luxury. This 2 day show will also host lavish evenings to ease out the stress and enjoy everything luxury.
On the occasion of the launch Mr. Tejas Chhatriwala, Director, Global Ventures Media said “Analysts predict that the luxury residential market has a potential to grow at a Compound Annual Growth Rate (CAGR) of around 28 per cent during 2011-2013. This show is a platform to share the affluence of our nation. We strive to bring together the ardent luxury experience to the right target audience.”

Residential luxury market in India has emerged as the fastest growing luxury market globally, despite a slowdown in the real estate market during the last couple of years. The growing demand in the segment is mainly due to the increase in the number of high net worth individ-uals (HNIs)
Luxury homes is a growing preference of new age buyers and that has encouraged developers to launch luxury and super luxury housing projects.

Be a part of the Real Estate Luxury Show and experience the luxury at its best.
About Global Ventures Media

Global Ventures media (GVM) is a leading business media company
GVM is a producer of large scale Business Conferences, Trade shows and Business Professional Trainings for upper level executives around the world.

GVM events maintains highest standards of quality with in-depth research and development which focuses on re-education, networking and to generate new businesses.

About iNDICOM

iNDICOM specializes in various sectors that includes Real Estate Marketing, Real Estate, IT and Government Events and promotions services and has its own NGO called “SHRISTHI”

iNDICOM was also honored by Star – Award for excellence in Creative and Media


For any further information please contact:
Jinal Parmar
+91 9769399213
luxury@gvmindia.com