• July 22, 2017 /  Property & Developer
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    Hiranandani upscale, a Mumbai developer Hiranandani Group, is learned to have bought 135 acres in Bangalore, Hyderabad and Chennai for Rs 800 crore. According to a person involved in the transaction, the agreement was signed last month between Hiranandani upscale and three vendors in these cities. “The three parcels of land comprising 80 acres in Bangalore, Chennai 35 acres and 20 acres in Hyderabad,” said the person. Hiranandani Upscale development plans in these cities, townships at a later date.

    The sale of these parcels have been on a farm and Hiranandani premium payment would be in three installments. It is estimated that the company has paid an initial amount (token money). Asked about the deal, Surendra Hiranandani, Managing Director, Hiranandani Group Hiranandani upscale and confirmed to ET the company plans to launch new projects in South India, but refused to share accurate data on trafficking .

    It is learned that the company would raise funds for the operation through private placement to a special purpose vehicle (SPV) level. According to the same person involved in the case, Hiranandani upscale is in talks with four private equity players – three foreign and domestic – to increase fairness in the development of these projects. Mr. Hiranandani said: “We are not able to share information, but can only confirm that we are talking to some players for an EP to a SPV. Hiranandani upscale is an unlisted company, and will focus on projects outside Mumbai, with plans to enter the market in northern India at a later stage.
    The Hiranandani group has plans to develop townships in the three cities on the outline of his plan Powai in Mumbai. Projects in the three cities will focus on the highest income group. It is reported that the projects will begin in two years and could take three years for completion. The operation is important because there are not too many great deals that take place in the real estate sector now. In the recent past, the offers have largely taken place in Mumbai. Last month, DLF sold its stake in its plot MIDC Andheri-Mumbai Rs 200 crore, while in May, DLF has also sold its stake in a property, also in Mumbai. The number of transactions has fallen as a result of the economic slowdown and liquidity.

  • July 20, 2017 /  Architecture
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    Title: Architecture meets Industrial Design

    Text & Photography: Foster + Partners

    Blurring the lines between architecture, interior design and industrial design, F+P once again prove that design is seamless and universal

    Foster+Partners has proved its design prowess beyond the building industry and carries it forward to designing the interiors and furnishings for a commercial aircraft, drawing on its previous commissions for yachts and private jets.

    Following the successful refurbishment of The Wing, Cathay Pacific’s flagship lounge at Hong Kong International Airport, the practice has carried the lounge’s sophisticated design into the first class cabin of the Boeing 777-300ER fleet refreshing the award-winning cabin.

    The Wing, which opened earlier this year,is the second in a series of lounges by Foster + Partners for Cathay Pacific at HongKong International Airport. Every detail of the interiors,from the Champagne Bar to the bathroom fittings in the luxurious first class -cabanas’, has been custom-designed by the practice to create an exceptional experience for guests.

    Besides the plush interiors, the lounges are furnished with a number of unique pieces designed by Foster + Partners, including a marble reception desk,food counter and a free-standing champagne bar with integrated trays – down to the detail of porcelain plates. Alongside the bespoke products and one-off furniture pieces, The Wing also features the Ilium cylindrical table light, developed with Nemo and the Foster 503 armchair by Walter Knoll.The highlight is the Cathay Solus Chair, the airline’s signature developed with Poltrona Frau that responds to the desire for privacy in the midst of a busy public space with its hourglass form and multi-utility constitution: the circular form incorporates a wide,comfortable seat, an integrated a power supply and a table, which can be used as an informal desk. The ribs of cushion at the back of the chair extend in places to form ridges, which can be used as armrests.

    Creating a seamless experience for passengers, the cabin’s design shares the lounge’s palette of warm white leather,reflective dark grey surfaces and walnut finishes to create a calm, understated interior. Every element is considered and refined, including the stitch of the bespoke covers for Cathay Pacific’s celebrated first class seat, the handmade woollen carpet, the refurbished bathrooms and the new reading light, which has been custom-designed to cast fewer shadows when working or dining.

    to view images click on globalhop.indiaartndesign.com

  • July 18, 2017 /  Home & Estate
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    Real estate websites of India introduced a paradigm shift in the way people bought and sold property, leased it out and rented it or looked for properties to rent out. Real estate India is a profitable business and it is not surprising that the few market leaders were followed by a host of real estate related websites. The top property sites India based are:

    Magicbricks: A well thought out and designed website, you can search by property types, by sell or buy, rentals and lease, search for real estate agents and city search and even locations within a city. Alexa traffic rank is 3305 and its India rank is 257.

    99acres: Lists real estate in cities and international locations, both residential and commercial as well as real estate agents. Log on and search for buyers and sellers and to advertise your property as well as real estate related services. Alexa rank is 2696 and India rank is 198.

    Makaan: An affiliate of shaadi.com, makaan.com features real estate buy and sell listings, facility to post your property or requirements. Alexa rank is 8781 and India rank is 695.

    Indiaproperty: Lists top properties in leading cities, listing of agents, listing of buy and sell, lease rent and so on. Alexa rank is 10672 and India rank is 781.

    Realestateindia: Lists properties in different cities, details of real estate agents and buyer/seller listings. Alexa rank is 28927 and India traffic rank is 2678.

    Zameen-zaidad is yet another property site following the same pattern of city-wise and region wise listings along with useful information on documentation, vaastu and NRI services. Alexa rank is 62999 and India traffic rank is 7164.

    Apart from these the other popular websites are indiahousing.com, groffr.com, saffronart.com, indiacube.com, indiahousing.com and walk2property.com.

  • July 18, 2017 /  Garden & Park
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    Understanding the tax type can help to file them according to the state laws and the refunds can be done properly .There are two types of Taxes Direct and Indirect Taxes for Tax Filing Ozone Park. Direct Tax is related to the person paying the tax directly and cannot be avoided. Indirect Tax is one that is not directly being taken from the payer and can be skipped.

    Types of Direct Tax:

    1)Income Tax

    Income Tax is calculated on the income by applying a certain rate that depends on which tax bracket one fits in. This rate increases as the income of the person increases .This Tax is directly collected from the person earning the income.

    2)Property Tax

    Property Tax is calculated by evaluating a fair market value of the property times an assessment ratio and these values are determined by the state. New York Taxes have certain variations in terms of type they belong to.

    3)Transfer Tax

    There are two types of Transfer Taxes Gift Tax and the estate Tax

    Gift Tax is a tax that is collected by the person on a transfer of property or other tangible good like stocks. Estate Tax is applicable on the transfer on property via will and such Tax is being collected from the portion of Estate being transferred. Tax Professional can surely help in Taxes New York city has to pay.

    4)Entitlement Tax

    There are some social programs like Medicare, Medicaid and social security services. These New York Taxes are being deducted from the payroll.

    5)Capital Gain Tax

    Such New York Tax is applicable on the gains that are earned on capital or assets like stock. It only triggers when the capital has realized its value as adds to one’s monetary profits.

    Types of Indirect Tax:

    A) Sales Tax

    Sales tax is applicable on sales as well as lease of an item purchased. Sales Tax is Tax that one type that influences Tax filing Ozone Park.

    B)VAT Tax

    This type of tax is refunded by seller as this is charged on the buyer. The sellers refund this tax by adding this value as an increase in the selling price and the seller is not effected by such tax only buyer is effected. New York Taxes are to be understood by Tax Professionals for their correct filing.

  • July 16, 2017 /  Property & Developer
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    Coverage: Plant and equipment often constitute a considerable part of a building contractor’s investment. Contractor’s Plant and Machinery insurance is an exclusive all risks policy covering the plant and machinery used by the contractors at the site for various projects.
    Contractors Plant and Machinery Insurance covers the property whether they are at work or at rest, or being dismantled for the purpose of cleaning or overhauling, or in the course of operations or when being shifted within the premises or during subsequent re-erection, but in any case only after successful commissioning.

    Interest Covered: Illustrations of machineries/equipment that can be covered under Contractors Plant & Machinery insurance are-
    – Earthmoving equipment: Bulldozer, grader, scraper, excavator, loader, dumper, etc
    – Concrete mixer, concrete pumps
    – Lifting equipment and drilling equipment Road surfacing equipment:
    – Batching plant for production of concrete of asphalt
    – Concrete or bitumen paving machines
    – Bitumen tank sprayers (iv) rollers

    Duration: Normally on annual basis and to be renewed periodically

    Scope: It is an all risks insurance policy covering loss or damage to the property by any cause other than those excluded-
    – Fire, lightning, explosion, aircraft damage
    – Riot, strike, malicious act
    – Flood, inundation, storm, cyclone and allied perils
    – Landslide, subsidence and rockslide
    – Burglary and theft
    – Collision, overturning and falling of foreign object
    – Any other sudden, unforeseen, accidental damages not explicitly excluded

    Exclusions: Some of the special exclusions under the policy are-
    – Electrical /mechanical breakdown
    – Vehicles designed and licensed for general road
    – Hull and machinery of waterborne vessel/crafts
    – Plant/machinery working underground
    – Equipments undergoing testing
    – Replaceable parts
    – Loss or damage due to explosion of boiler/pressure vessel
    – Total or partial immersion in tidal waters
    – Whilst in transit
    – Consequential Loss

    Extensions: Cover can be extended to includes up to a limit chosen by you on the following on payment of additional premium-
    – Owner’s surrounding property
    – Clearence and removal of debris
    – Additional customs duty
    – Express freight
    – Air freight
    – Third party liability
    – Floater cover
    – Dismantling
    – Earthquake
    – Escalation”””

  • July 16, 2017 /  Feng Shui
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    Ever walked into a house that felt like home? Ever reminisced about the best year of your life, and wondered why everything came together for you? It could be Feng Shui.

    Simply put, Feng Shui is about creating a harmonious environment. Its the ancient Chinese Science and Art of placement, intended to improve our health, harmony, longevity, career and wealth.

    Pronounced, Fung Shway, it was a jealously guarded secret for thousands of years. Now, the benefits of Feng Shui can be enjoyed by anyone. In fact, Feng Shui is a part of everyday life for many Australian businesses, home owners, decorators, and architects.

    June from June Turner Designs and Lifestyles has been an expert Feng Shui practitioner for 13 years. Feng Shui can be simple or involved whatever youre comfortable with. Decorate a room or buy a home that is perfect for your family.

    The key is energy (or Qi Chee). June offers ten quick tips that can improve the flow, transformation, and containment of Qi in your life:

    1) Remove shoes before entering a home. Dont take your problems in with you.

    2) Cook at least one meal a day and eat at the table as a family.

    3) Never have knives on show even in a block.

    4) Always sit or stand facing the door (or its reflection).

    5) Keep the toilet lid down and bathroom and laundry doors closed.

    6) Don’t sleep under white blankets or doonas.

    7) Don’t sleep with your feet facing the bedroom door.

    8) Don’t sleep next to the wall that has the metre box on it.

    9) If your front door is in line with a tree or the door of the house opposite, place a Ba Gua mirror above the outside of the door.

    10) Never have a Ba Gua mirror in the house. They are far too powerful.

    Its no coincidence that some of these tips are just common sense. Youve probably been practising Feng Shui for years without even knowing it!

    According to June, this is just the tip of the iceberg. Just a few little changes can make the world of difference. But most solutions are specific to the individual.

    For more information, contact June Turner Designs and Lifestyles on Sydney +612 43992018.

  • July 16, 2017 /  Home & Estate
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    The residential projects in Pune are not restricted just to the citizens of the city, but investors settled abroad who have deep interest in real estate, are also increasingly finding properties in the city a profitable investment option. Basically, Pune has always been a centre of attraction for people from farthest corners of the nation and the world. A vibrant and lively cultural hub, it is rapidly moulding itself in sync with rapidly changing world. That is why everyone has a potential desire to own for themselves an abode, be it a small one, in Pune. Thankfully, the city has cast off its original character of a shy, -slightly towards conservative’ image and is spreading and embracing modernity in the form of suburbs, the faster growing areas like Hinjewadi, Wagholi, Hadapsar, Wakad, Chikhali, Kharadi and so on.

    Projects open for all

    Considering the need of the hour, Property Solutions has made properties in Hinjewadi, Wagholi, Hadapsar, Kharadi, Wagholi, Ravet, NIBM, Balewadi, etc available. Needless to say, this has thrown the doors of opportunities open to all the investors, both the Puneites and the ones who wish to be Puneites. The individual requirements are varied as some of them are seeking either residential or commercial or both while the others are looking for resale. Property Solutions understands these requirements and features only such residential projects in Pune that are premium and desirable. It aids investors to find their desired property on account of a special division dedicated to take care of your major and minor real estate requirements with utmost satisfaction.

    Reliability and Credibility in Dealings

    Moreover, the transparency, efficiency and systematic organization in all transactions has made Property Solutions a reliable and credulous service provider. Needless to say, Properties in Hinjewadi have been a significant part of Property Solutions’ portfolio regarding residential, commercial and resale. Selling, purchasing or leasing properties are the main services provided by this company which has associations with all the renowned developers in Pune. So much so that group bookings prior to the actual launch of the projects are not uncommon.

    Indeed, investing in residential projects in Pune is ‘best of both worlds’ situation for the buyers, businessman and officials who wish to be an integral part of green, ultramodern and contemporary city which has retained its traditional facet too, for all these years. Hence, no wonder that Property Solutions is the solution not just to meet your residential and commercial requirements but also the ‘Practical Solution’ to make your desired dreams come true.

  • July 16, 2017 /  Architecture
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    These days, organizations are growing rapidly with outstanding performance and productivity. Data is also increasing along with this business improvement. This data includes; finance details, human resource details, requirement and project details and many more. Applications, hardware resources, software programs, operating systems and many more are also considered important information. It is important for every organization to store and maintain this crucial data for longer years. Data storage is the main problem for all IT organizations, as it takes much storage space to save and maintain the data in a device. Usually, servers are used as the main storage devices to maintain the information for future references. But, these servers have the limited capacity and cannot afford large amount of information. Due to this, IT organizations have developed several technologies and applications to enhance the storage efficiency in business enterprises. Cloud technology is one, which provides computing service through internet. Cloud computing is the latest service provided for all industries to enhance their business performance with various services like infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS). All these services can help the organizations to get several business solutions. SaaS architecture is the one that provides storage services for the enterprises. It is defined as a deployed software as a service program with a business IT structure and set up. In this architecture service, SaaS also described as storage as a service as it helps the organizations in maintain the important information for further references. Inefficient software programs linking can lead to less efficiency of growth and greater loss of cost; hence, SaaS architecture is important for many business industries. It can provide best profits with great customer service and remote access for various applications and tools to enhancing the business more effectively. It can save the operational costs by reducing the other physical resources as it can save the data in their internet databases. It is more effective to perform IT operations and specialized services to help the enterprises in several aspects to increase the profit margins. It also enables web services to provide various solutions through online using network connections. SaaS is cost effective solution as it is provided by the third party vendors or it can also be paid according to the usage. Hence, most of the small organizations are planning to implement these architectures to enhance their business performances and productivity.

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    For more information on SaaS architecture

  • July 14, 2017 /  Property & Developer
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    Before you even consider calling a contractor, you need to know exactly what you want him to do. First of all, go online and see what is available in your area. You will want a contractor that is easy to reach, and if you have to leave a message, how long will it take him to return your call.

    Then make a list of the projects that youll want the contractor to tackle. If the list is long, try to narrow it down to the essentials. Then pick four or five local contractors and give them a call. Ask each one similar questions so you can judge the one that seems the most honest, qualified, and reliable.

    On your list write the contractors license number, workers compensation number, and bond number. Dont hire a contractor until you have those numbers in hand and contact the agency to see if his licenses are still valid or have they expired? Does the contractor have a printed contract with his name, address, phone, and license numbers?

    Is the contractor qualified and has he done a job like yours before? Does he have references, and can you contact them? How long does he estimate that the job will take to complete and when can he start? Keep definite dates in mind, but allow for a bit of leeway.

    Now that youve narrowed the list down to two or three, contact the contractor again and ask for an interview and a price quote. Make a note if the contractor arrives on time, or if he runs late, does he call you to let you know he is running late. If a contractor fails to do that, forget about him, and go on to the next one.

    How and when does the contractor expect payment? There are laws that state how much a contractor can collect as a down payment. Make sure you know the law and hold the contractor to it. For instance the law forbids a company from taking over 10% or $1,000 as down payment.

    Before you sign on that proverbial dotted line have the due dates written on the contract. For instance, the second payment may be due when they deliver the material. There may be additional payments with the final due when the project is completed to your satisfaction.

    Does the contractor hire sub-contractors? If so make sure they get paid. Otherwise if the contractor does not pay the sub, they can come back to you and demand payment or put a lien on your home.

    Be cautious, but not demanding, and when they start the job stay out of their way and let them do their job.

  • July 13, 2017 /  Architecture
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    Being elderly and needing daily support from a long term residential care facility doesnt mean your accommodation has to be plain, unstylish, boring, or worse – institutional. With a diverse selection of affordable architectural styles today, even long term care accommodation can let go of the utilitarian architecture and begin with a fresh new start of appealing design that reflects a home-like atmosphere in a functional package.

    Designing senior living with a reflection of the past, a base of the practical present and a touch of the future are sure to meet the needs of the aging population as it continues to grow. The senior consumer of the future will come with many profiles and will be looking for living arrangements that reflect a wide expanse of taste, living requirements and values, at a range of price points from affordable to extravagant.

    If you had the option to design and build your own home, or a facility that would become your home, wouldnt you let your imagination run wild and creativity soar to include and consider the many possible design options that exist in the resource bank of architecture?

    Architecture today is a wide-open array of taste from the old world style with the accents of stone and stucco, tile roofs and heavy beams all very suitable to homebuyers looking for a connection to the historic past. A farmhouse or a country home with simple floor plans, warm colours and cozy spaces would please many individuals looking for a connection to an era of not so long ago. Ranch style homes of the 1950s are ever popular for those looking for a one floor living plan who are not afraid to recapture a retro look, or something more open with glass such as garden doors opening onto a landscaped patio or view of a park like backyard. Designing for seniors means paying attention to details such as uncluttered hallways and wheelchair accessible traffic zones, but it doesnt preclude the designer from planning style and space that feels like home.

    Working with an architect to bring together your design ideas, your creativity, an outline of what your needs may be for comfort, space, budget, maintenance and functionality, are all necessary details and requirements that go in to the design of a building that not only serves its occupants but feels inviting like home.