Vertical Forest Building Coming Up in China to Combat Rising Pollution Levels

Over the last few years, China has been fighting uncontrolled levels of pollution leading to extremely unhealthy air quality. It is the side-effect of large scale industrialization in the country. This extreme pollution level in China is a trending topic all over the world and one Italian architect- Stefano Boeri- has found a solution for it.

The architect is coming up with a vertical forest in Nanjing city of China. This project will consist of two towers adorned with over a thousand trees and more than 2,500 shrubs and plants. The buildings will absorb enough carbon dioxide to produce around 60 kilograms of oxygen every day. The shorter tower will house a Hyatt hotel, while the taller one will be home to a museum, offices and a school of architecture.

Vertical Forest Building Coming Up in China to Combat Rising Pollution Levels

Vertical Forest Building Coming Up in China to Combat Rising Pollution Levels

According to an official press release, Nanjing has an air quality index of 167 which is considered very unhealthy. The air is full of pollutants from industries which make it unfit for breathing. At times of post-Diwali smog, Delhi had a respirable pollutants level of 283-517 micrograms per cubic metre which exceeds the safe level by multiple times.

Nanjing will be the third city to have a vertical garden after Milan (Italy) and Lausanne (Switzerland).

Rising pollution level across the globe is a major concern for everyone. Architects and planners are doing their bit in making homes eco-friendly. Delhi should also take cue from this vertical forest in Nanjing, China.

Stefano Boeri also has plans to build similar structures in Shijiazhuang, Liuzhou, Chongqing, Guizhou and Shanghai.

Read More About……Pollution Control: How is the Real Estate Sector Contributing?

Design Tips for Renting Out Your Home

Owning a great rental property can make you stand out from the crowd and will make sure your property is rented out as much as possible as you like it to be. Short term rental sites are gaining popularity and hence property owners are putting more consideration in curating their spaces to cater to guests. Whether you are renting out your vacation home for a long term or putting your city home in the market for a short term, your space should be designed in such a manner that once a client walks in he/she just wants to live there. You should give your home a luxurious look and feel and at the same time, make the guests feel at home.

Design Tips for Renting Out Your Home

Design Tips for Renting Out Your Home

A little effort can go a long way to make your place appealing and hospitable to renters.

Get started

Planning ahead is the key if you are reconfiguring or designing from scratch. Figure out the pivotal layouts by identifying the best features of your home. Sketch, map and decide which area is ideally suited for what function. Give each space a job. Make sure you can cater to target audience that means you cater to kid-friendly features or providing laptop friendly workspace with office amenities. [Read more…]

Drones: Revolutionizing Real Estate Photography

If you own an apartment, or a commercial space, or an industrial unit or a piece of agricultural land and are looking forth to create an impeccable portfolio of your property for selling purposes, there is a must-have ingredient for that portfolio nowadays which will make your property flashier, classier and more saleable, Aerial Photography through Drones.

Drones: Revolutionizing Real Estate Photography

Drones: Revolutionizing Real Estate Photography

Gone are the days of the old-fashioned, straight-angle, customary snaps of your real estate property. Sticking to such photographs is one of the most common mistakes made by home-sellers. So you need to step up the ante in the looks department and give prospective buyers a view of the complete package that your property offers. Offering a better and wholesome view of the property to be succinct, getting aerial shots of your property through drones is the ideal path for you to walk on. [Read more…]

Union Budget Key Highlights: Affordable Housing Gets Infrastructure Status

Union Budget 2017 was announced by Finance Minister Arun Jaitley on Wednesday- 1 February, 2017. Among other favourable initiatives for real estate announced by Mr. Jaitley, giving infrastructure status to affordable housing came out as a showstopper. It has not only paved the way for the growth of real estate but has also given a big fillip to PM Modi’s ‘Housing for All by 2022’ scheme.

Union Budget Key Highlights: Affordable Housing Gets Infrastructure Status

Union Budget Key Highlights: Affordable Housing Gets Infrastructure Status

Giving infrastructure status to real estate was a much debated topic in the last two budgets. Now that it has finally been approved, both homebuyers and developers are in a cheerful mood. [Read more…]

Real Estate Sector Welcomes Union Budget 2017 with Applauds and Cheers

The real estate sector has applauded Finance Minister Arun Jaitley’s Union Budget. Market players are expressing their happiness on favourable initiatives announced for the real estate sector. Major push was given to affordable housing and on improving long-term demand in real estate. A number of secondary initiatives have also been taken to promote push in the affordable housing market.

Real Estate Sector Welcomes Union Budget 2017 with Applauds and Cheers

Real Estate Sector Welcomes Union Budget 2017 with Applauds and Cheers

Let us discuss the impacts of Budget 2017-18 on real estate in some detail-

Infrastructure Status to Affordable Housing

After several years of proposal and rejection, affordable housing has finally been given infrastructure status in this budget. This is the most welcomed move and will act as a catalyst to achieve Modi’s dream of Housing for All by 2022. With this step, developers who come up with such low-cost housing projects will be eligible for several initiatives like subsidies and institutional funding. This will also encourage private players to invest in affordable housing market. [Read more…]

RERA Finalized For Delhi: New Rules You Must Know About

Union Minister Venkaiah Naidu cleared and finalized the RERA rules for Delhi and the implementation has already begun. Udai Pratap Singh, the vice-chairman of DDA, was designated the task to act as the interim regulator. The rules provide clarity on a few aspects. In addition to RERA rules notified in October, for Delhi, the rules also provide clarity on some aspects like litigation details that have to be published on the website, provision for quality audit of projects and flexibility in agreement of sale.

RERA Finalized For Delhi: New Rules You Must Know About

RERA Finalized For Delhi: New Rules You Must Know About

RERA is a blessing which has brought transparency in the whole real estate sector, especially for the buyers. A promoter or developer has to publish details of litigation on the regulators website, with other details related to the project while registering the projects. Most real estate consultants believe that this will help the homebuyers and others to evaluate the developers’ credentials. Here again there are two schools of thoughts some believe it is correct to publish details while others feel there is no need to put in all the facts. [Read more…]

Guide to Transferring Your Property

During the life of a property, there comes a time when you have to pass it on to someone else. Many of you might think that we are talking about selling it. However, there are other ways, too, of transferring a property. A sale deed does not fit the picture when you want to transfer your property to your relatives. In this case, gift deed or relinquishment deed is the best way.

Guide to Transferring Your Property

Guide to Transferring Your Property

Basically, for lawful transfer of an immovable asset such as property, you need to get the gift deed registered with proper authority. So before you get any of these deeds drafted, you must know about the pros and cons of each of them. [Read more…]

Best Localities in NCR for Residential Property Investments

Buying property for profitable investments? Delhi/NCR is the best. Well-connected to major catchments of the city such as airports, Railway Stations, National Highways, Government and Private Hospitals, several locations in NCR are largely attracting investors from India and abroad. Gurgaon and Noida are great hubs for people looking for homes but they also make great investments for those who would otherwise end up buying builder flats in Delhi. Gurgaon and Noida have recently seen such tremendous development that they’ve stretched to include more investment worthy spots as compared to Delhi.

Best Localities in NCR for Residential Property Investments

Best Localities in NCR for Residential Property Investments

If you want to join the exclusive club of the investors, here are some hot-spots to choose from.

New Gurgaon- Located in Haryana, New Gurgaon is an investor’s paradise and the current focus of many developers. Owing to better connectivity via NH-8, Kundli-Palwal Expressway and Dwarka Expressway, this is the area which will give great dividends in the near future. A large number of projects in sectors 82 to 92 have come out as great option for investors. [Read more…]

Despite Demonetization Real Estate and Construction Industry Performed Well

Towards its end 2016 left a mixed bag of sentiments for the real estate sector. November the 8th was a historic day when PM Narendra Modi announced the demonetization of 500/1000 rupee notes which stopped being a legal tender to bring in a stop to black money. While the notification of RERA in several states brought cheers demonetization left the industry wondering about the consequences. However amongst all this chaos affordable housing segment showed considerable improvement.

Despite Demonetization Real Estate and Construction Industry Performed Well

Despite Demonetization Real Estate and Construction Industry Performed Well

Renowned developers offering a set of affordable property options continued to perform well in different markets. Despite all uncertainties related to demonetization and other reforms, affordable housing market did not show a downfall. The Real Estate market will definitely shed off dark clouds in 2017, especially the affordable housing segment. With demonetization a lot of money has come back into the banking system which is helping in lowering the banking rate and surely cheaper rates is more housing absorption. [Read more…]

Union Budget 2017-18: What Real Estate Expects?

Recovering from the tumbles of demonetization, the next thing that the real estate industry looks forward to is Union Budget 2017-18. With lowering of interest rates and transparency brought in by RERA, this year started on a good note, especially for the affordable housing sector. 2017 is supposed to be the year of institutionalization and strengthening of the buyer-builder bond along with a focus on increased affordability.

The real estate industry expects a lot from the Union Budget that is to be announced by Finance Minister Arun Jaitley on 1st February.

Let’s talk about the wish-list of real estate sector-

Tax Incentives for First-Time Buyers

The government is pacing up to bring more affordable housing benefits for homebuyers. Developers are already coming up with more low-cost inventory. Affordable housing schemes like Swabhimaan have also been launched to allow mid-segment buyers to buy their dream home in prime cities.

Union Budget 2017-18: What Real Estate Expects?

Union Budget 2017-18: What Real Estate Expects?

Providing income tax incentives to first-time homebuyers over and above these benefits will encourage more people to buy houses. Such changes in the tax slabs are pretty much on the cards that will allow young working class to look upto real estate as an avenue for investment as well as end-use. Higher savings can be allowed with reduction in stamp duty charges and increasing the tax deduction limit for housing loans. [Read more…]