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The Key Elements Of Interior Design: Impacting The Look And Feel Of A Space

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Getting a property, either for your home or for office, is one of the most emotional decision that you make because buying real estate is more than just purchasing or leasing a building. Likewise, an important aspect of a home or office is its interior design. Varying from modern to contemporary, different schemes of interior design are used for different categories of properties. The real estate developers collaborate with interior designers to create imaginative environments so that, you won’t have to re-imagine an empty space. Interior Design , as the name suggests, is basically the art of designing of the interiors in a building or room. It is the art and science of improving the interiors to achieve healthier and visually pleasing atmosphere for the people using the space. There are some principles or elements that majorly affect the interior design that are known as: Space, Lines & Forms, Lights, Colours, and Textures.        ...

Green Buildings, LEED Certification: The future of Construction

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Leadership in Energy and Environmental Design  ( LEED ) is one of the most popular green building certification programs used worldwide. Developed by the non-profit U.S. Green Building Council (USGBC) it includes a set of rating systems for the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods that aims to help building owners and operators be environmentally responsible and use resources efficiently. Development of LEED began in 1993, spearheaded by  Natural Resources Defense Council  (NRDC) senior scientist  Robert K. Watson . As founding chairman of the LEED Steering Committee, Watson led a broad-based consensus process until 2007, bringing together non-profit organizations, government agencies, architects, engineers, developers, builders, product manufacturers and other industry leaders. LEED certified buildings are intended to use resources more efficiently when compar...

Golf Course Road Extension – The Potential Unmatched

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Gurgaon has emerged as a preferred residential destination in North India, for end-users, investors and working professionals, owing to its easy accessibility and connectivity from National Highway-8, Indira Gandhi International (IGI) Airport, the Golf Course Road and Delhi. With improving infrastructure, connectivity and growth in the commercial segment, properties in this region have offered good returns on investment over the past few years. The next in line is the Golf Course Road Extension which has emerged to be a prime commercial and residential destination not only in Gurgaon but the entire Delhi NCR Region. Owing to the best of social and physical infrastructure, enhanced connectivity it is one of the most sought out location which has the potential to offer the highest price appreciation in the National Capital Region (NCR), over the next five years. Golf Course Road Extension starts from Sector 55 and links up to Sector 66, finally reaching Sohna Road. This locality i...

Commercial investments in the realty sector set to scale new heights in Gurugram

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The new government with a larger mandate augurs well for the economy. The reformatory changes done by it like Demonetization, RERA and GST in its last term did slow down the NCR market in 2016, 2017, but since then the market has picked up. These legislation has however reshaped the dynamics of the real estate market in Gurugram.   With these reforms in place, the developer has greater accountability to the buyers in terms of timely delivery of the project. The step has further enhanced the confidence of the homebuyers and made them positive about making an investment in residential and commercial properties in Gurugram. Gurugram is one of the fastest growing realty hubs in the entire National Capital Region. There will be an upsurge in the requirement in the commercial real estate segment as there would be an increase in the grade ‘A’ office spaces for startups, co-working places, and e-commerce. The upcoming new projects are focused on providing clean and efficien...

Green Buildings – Minimizing the Ecological Impact of Infrastructure Development

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We live in a world where the air is polluted, our natural resources are fast depleting and the threat of climate change is no longer just a warning but a stark reality. However, what is encouraging is that there is also an increasing awareness of the situation across the globe, and home buyers and investors in commercial properties are looking for energy efficient and environment-friendly structures. Shift towards “Green Buildings” is the only way ahead, with participation and contribution from all stakeholders towards making a sustainable future. A Green Building is one which uses less water, optimizes energy efficiency, conserves natural resources, generates less waste and provides healthier space for occupants as compared to conventional buildings. It also complements the building design concerns of economy, utility, durability, and comfort. Green building involves the practice of using environment friendly and energy efficient processes and technologies throughout t...

Moving towards water security – The need of the hour

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Around 80% of the world’s population suffers a severe threat to its water security. 783 million people do not have access to clean and safe water worldwide out of which, 19% of world’s people without access to clean water live in India. Come summer and hue and cry above water availability becomes breaking news in Gurgaon. People become highly dependent on water tankers and illegal bore wells, exploiting groundwater tables that are already depleting at an alarming rate in the city.  Further, the effects of climate change on water availability has become more apparent in recent years. The rising mercury level and the water scarcity compound the hardship faced by Gurgaon citizenry. The city is growing by leaps and bounds and with fast pace urbanization, the importance of water as a scarce resource is gaining a strong foothold not only in the residential spaces but also in the commercial setups.  Founder, Elite Landbase , Navdeep JP Sardana says, “Water being a natural re...

Investor Confidence Rises in the Realty Sector in India

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Investor confidence rises in the realty sector in India as they pump in a record $2.5 billion or Rs 17,600 crore in the first quarter of year 2019. This is recorded as one of the highest first quarter inflows since 2008. The upward movement is supported by the regulatory changes in the sector like RERA, GST and Demonetization and the launch of the first ever REIT (Real Estate Investment Trust) in India, which has given an unprecedented boost to the investors’ confidence in the market. The first REIT listing, during the quarter (Jan-March 2019), by Blackstone-backed Embassy Office parks to raise Rs 4750 crore was well received with an over subscription of 2.57 times. This has opened doors for the retail investors to invest in the real estate. REITs are like mutual funds for the real estate sector. They collect funds from investors and put the money into real estate. The returns they earn from rental income and sale of property is distributed as dividends to investors. So ret...