Talking Homes –A Gift By Raheja’s Developers

Can you imagine just talking to your house and getting things done through a few commands?

One would even be able to switch on and off fans, lights, TV, music , air-conditioning and curtains enabling you to interact with your home.

“It is a revolutionary concept, user friendly and can be updated from time to time as the voice recognition engines improve globally to understand different accents. We have tested the system and it works very well. One has to experience it to understand it better. In these smart apartments, you can even get all your queries answered. It picks information from the internet and gives you the answer,” says Nayan Raheja, executive director, Ra

heja Developers. 

The technology is robust and can be updated from time to time as the voice recognition engines improve globally to understand all the different accents. It also paves the way open for our smartphones to interact more closely with the built spaces around us. It will have first of its kind skybridge.

“Many people have not woken up to the technology revolution so there are many who are not able to use smartphones , though they would like to have a smart home. Removing the layer of smartphone makes the system hassle-free for elderly people as well,” says Raheja.

Incidentally Ayana will also be built by Arabtec, the largest construction company in the GCC by Market Cap, the same company that built the Burj Khalifa.

Raheja have a happy customer base and have to their credit several international and national level awards like ‘Best Developer Worldwide’,’Best Developer in India by Euromoney’ and over 40 other awards recently. And we found them to be reliable long term partner.

Source: PressRoom

Brigade Group Wins Prestigious NDTV Property, CREDAI CARE Awards

CMD Mr. M.R Jaishankar Wins 'Outstanding Contribution to the Real Estate Sector' Award 

Premier real estate developer Brigade Group has won several awards at the NDTV Property Awards and CREDAI Awards for Real Estate (CARE) recently. The developer won an award in the 'Budget Apartment Project of the year - Tier 1' category for Brigade Meadows at the NDTV Property Awards. Brigade Meadows consists of primarily 2 and 3 bedroom luxury apartments and a few 1 bedroom options.

At CARE, Brigade Group won 4 awards across various categories. The awards were split across three zones - North Karnataka, South Karnataka and Bangalore.

Commenting on these awards, Mr M.R. Jaishankar, Chairman and Managing Director, Brigade Group, said, "These awards are recognition of our efforts to deliver quality projects across real estate markets. We are very happy to receive these awards which also prove our customers' faith in our projects."

CREDAI Awards 

Brigade Group won awards at the second edition of CARE in the following categories:

• Best Dwelling below 1500 sqft (Residential) in South Karnataka - Brigade Sparkle, an affordable luxury project in Mysore.
• Best Commercial Complex in Bangalore - Brigade Rubix, which has a unique design and offers office spaces from 100 sq ft upwards.
• Best CSR work by a Developer - Brigade Group received this award for the redevelopment of the Kempegowda playground in Malleswaram and the Skywalk on Dr. Rajkumar Road.

The most prestigious award of the evening was the one bestowed on Mr M.R. Jaishankar, CMD, Brigade Group in the Special Awards Category - 'Outstanding contribution to the Real Estate Sector' award.

Accepting this award on his behalf, Ms Githa Shankar, wife of Mr. M.R Jaishankar and Director of Brigade Group, said, "It has been a journey of hard work from every one of our colleagues who have worked intensely to bring things to this pinnacle. It is indeed a proud moment to be recognised by our peers and the real estate fraternity. This is akin to an Oscar moment for the company."

Other awards and recognition 

Brigade Group's Chief Financial Officer, Mr Suresh Kris has been recognized as one of the Top 100 CFOs in the country for 2015 by the CFO India Magazine. Mr Kris was presented the Roll of Honour for his exceptional calibre and contribution to the world of finance by Mr. U.K. Sinha, the SEBI Chairman, at a ceremony, recently in Mumbai.

At the GLOBAL Real Estate Brand Awards - 2015, held recently in Bangalore, organised by Exhibition Asia, Mr Manjunath Prasad, COO - Projects, Brigade Group, was awarded the 'Most Enterprising Real estate Professional of the Year'.

About Brigade Group  

Brigade Group commenced operations in 1986, and over the last two decades has evolved into a brand that is synonymous with innovation, quality, trust and customer satisfaction.

Headquartered in Bangalore, Brigade Group has a network of offices across south India, an office in Dubai, and is represented in the USA by an accredited agent, Legion Real Estate. Brigade Group's portfolio includes residential, office, retail, hospitality and education.

With over 25 million sq.ft. of developed real estate, across over 150 projects, Brigade has emerged as one of India's leading property developers, and is constantly setting new benchmarks in the real estate industry.

Source: PRNewsWire

At 30,000 crore, Indians, the biggest foreign investors in real estate sector of Dubai

The Dubai land department released the figures last week, stating that Indians were the highest value foreign investors, making 7,353 transactions of 18.123 billion AED (Arab Emirates Dirham) worth of property deals. The investment also exceeds annual budgets of many small states of India, including Goa, Sikkim and Meghalaya.

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Indians were the biggest foreign investors in real estate sector of Dubai last year, having invested more than Rs 30,042 crore. The amount is almost equal to the annual budget of Bombay Municipal Corporation, which is around Rs 31,000 crore and comes close to Rs 35,000-crore plus annual budget of the national capital.

On the contrary, the total investment of United Arab Emirates in India in last 14 years is less than half of what Indians invest in real estate of Dubai every year.

The Dubai land department released the figures last week, stating that Indians were the highest value foreign investors, making 7,353 transactions of 18.123 billion AED (Arab Emirates Dirham) worth of property deals. The investment also exceeds annual budgets of many small states of India, including Goa, Sikkim and Meghalaya.

The lure of Dubai’s real estate market has resulted in many cash-rich Indians finding investments in that country more easy and profitable than in India.

“Most of the real estate developers in India are struggling with their projects, both residential and commercial. Naturally investors will go to places that promise huge returns,” Director General of National Real Estate Development Council, Brigadier (retd) R R Singh, told Zee Media. Even though the sector has shown a little improvement in last few months as per Singh, he reiterates that India continues to be ‘suppressed and economically subdued market as far as real estate is concerned.’

“We have attracted very less foreign investment in real estate sector. It would be just a few thousand crores in last financial quarter,” he added.

According to Indian government statistics, the country has received foreign investment of Rs 1.12 lakh crore in last 14 years from April 2000 to November 2014 in construction and development sector. And United Arab Emirates has invested just Rs 14,000 crore in India in last 14 years, across all sectors.

However, the other side of the story is that Dubai is also considered a tax haven, where huge amount of black money from India is allegedly parked or is routed through. According to sources, a few high profile and retired bureaucrats from India have also invested in the real estate sector of Dubai in 2014. However, individual transaction details could not be accessed yet.

In 2014, Dubai has received a total foreign investment of AED 109 billion from more than 41,000 investors in real estate sector.

One of the reasons for the resurgence of development in Dubai in last few years could also be World Expo 2020, the city is hosting. UAE has won the right to host the World Expo in Dubai in 2020 and it will be the first time that the world expo is staged in the Middle East, North Africa and South Asia.

“Dubai is an ideal investment location in Middle East and is competing with top investment cities in Asia and Europe. The report (on investments) clearly shows the sustainable growth of the upcoming years towards the launch of Expo2022″, said Director General of Dubai Land Department, Sultan Butti Bin Merjen.


The other big non-Arab foreign investors in Dubai include Pakistan, Britian, Iran and Canada.

Source: PropertyBlogs