Archive | February 2013

Metro boosts Bangalore suburban localities – Icon Infra Shelters India PVT. Ltd

Source: Times Property in The Times of India, Bangalore

Bangalore

Close on the heels of the State cabinet’s decision to clear Phase II of the Namma Metro project, Asia Development Bank (ADB) in what can be seen as a first in the country, has agreed to disburse USD 250 million directly to the Bangalore Metro Rail Corporation Limited (BMRCL) without a guarantee or routing it through the government.

The ADB has agreed to disburse the loan directly after being convinced of the Metro Rail project’s financial viability, having conducted a study on the various facets of the Metro for nearly two years. This gives a shot in the arm to the BMRCL which is at various stages of construction of Phase I of the project.

Extensions

Phase II will have four extensions and two new lines running across 72.1 km. The detailed project report (DPR) is estimated at a cost at Rs 27,000 crores. The project may be completed by 2017, after the Phase I is completed in 2014.

The routes will be extended from the existing Phase I lines to the periphery of the city. According to the project report, the lines on the east-west corridor of Phase I may extend up to Whitefield from the existing terminating point at Baiyappanahalli in the east (15.5 km) and up to Kengeri from the present terminating point at Mysore Road.

The plan is to extend it up to the Bangalore International Exhibition Centre (BIEC) from Hesarghatta Cross (3.8 km) in the north, and up to Anjanapura Township from Puttenahalli Cross on the south (6.3 km).

The project also recommends a new line between Gottigere and Nagavara, passing the Indian Institute of Management and Dairy Circle, from where it goes underground via Hosur Road, Madiwala, Vellara Junction, Brigade Road, Cauvery Emporium Junction, Kamaraj Road, Cantonment Railway Station, Tannery Road and Outer Ring Road Junction.

The second new line will be constructed near R V Road Terminal at Jayanagar, which is part of the north-south corridor to Bommasandra Industrial Estate (18.8 km). The route will pass via BTM Layout, Central Silk Board Junction and Electronic City. The second phase will have 61 stations.

Potential zones

Since Phase II consists of extensions of all four lines of Phase I, in addition to the proposed two lines, the areas served will cover most of the city’s peripheral areas that have now become thriving micro markets.

Whitefield, for example, is already a bustling suburb. The connectivity to this region will spur further development. The proposed Metro line will pass through Mahadevapura, ITPL, Doddanekundi Industrial Area, Kundalahalli and Kadugodi Industrial Area.

These are potential hotspots for property investors. A large number of projects are already at various stages of construction in this belt, and a massive project like this will only realise the full potential of the investment, making it possible for higher floor area ratio (FAR) and vertical growth.

The additional line which will be drawn up between R V Road and Bommasandra will serve the areas of Silk Board, HSR Layout, and Electronic City well. Another line to Gottigere will give a boost to connectivity to Hulimavu on Bannerghatta Road which is an area which has developed immensely in the last few years.

Towards Mysore Road, the extension up to Kengeri will serve the residential layouts along the vicinity and give a boost to industrial development in the Bidadi region.

In the Peenya region, the proposal to extend the line much beyond the elevated road over the congested Peenya Industrial Area augurs well for industries which have spread across up to Dabaspet.

Another potential corridor will be the Anjanapura area that is rapidly growing given its proximity to the NICE corridor and Kanakapura Road.

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Some quick getaways from Bangalore – Icon Infra Shelters India PVT. Ltd

Bangalore has plenty of options when it comes to having a short vacation within 4-5 hours from the city.  Long weekends can be planned out well and spent in the midst of ancient temples, nature trek, wildlife or just lazying around in a homely guesthouse.

Here are a few unusual but interesting getaways that will help you unwind the week’s stress and come back rejuvenated:

Chikmagalur: About 240 kms from Bangalore, this sleepy town is fit for a quiet relaxation. Amidst coffee estates, this place is also a trekker’s paradise. Whether you are a archeological enthusiastor a wild-life photographer, you are sure to fulfill your travel dreams here.

Channapatna: A town known for his hand-made wooden toys, this place falls en route from Bangalore to Mysore. If you are looking for an unusual location and are interested in knowing more about this traditional and colourful art of making toys, this is the place for you.

Yelagiri: This hill-station, located about 156 kms from Bangalore, is still untouched by commercialism and hence retains its freshness and non-polluted air unlike its many other popular counterparts. There may not be a lot activities or sights to visit, but it surely makes up for it with its breathtaking natural view points.

Bisle Ghat: Amongst the lesser known forest reserves around Bangalore, is Bisle Ghat. Located about 265 kms from Bangalore, this is a paradise for animal lovers. Animals like leopard, chital, Gaur, Malabar giant squirrel etc can be spotted in the forest. It is especially beautiful during the monsoons.

Sogalli backwaters: A part of river Kabini, this place offers a huge expanse of beautiful landscape and diverse wildlife. It is near the Nagarahole National Park and used to be once the hunting grounds of Mysore Maharjas.

source:  http://bit.ly/XEa8MV

Living at one of the Icon properties gives you the unique advantage of being closer to the NH7 from where such getaways will be much faster and every long weekend could be a chance to explore a scenic spot nearby.

If you don’t live in a flat, life’s a grind here – Icon Infra Shelters India PVT. Ltd

Source: Times of India, Bangalore Monday March 5, 2012

BANGALORE: When Sathish V, a BCom student, returns home to a power cut and can’t even hop across to find a cyber cafe in the vicinity, he gets an idea of his locality. Not too far away though, tech professionals live in the quiet newly sprung gated communities and apartment complexes, far away from traffic snarls and 5 to 7km from their workplaces at Electronics City. Here too, the pastoral meets the ultra-modern where on one side of the road you can find world-class hospitals, international schools and villas. A village panchayat is still in charge of civic amenities.

Welcome to the upcoming township Chandapura in Bangalore South, along the road to Anekal, suddenly finding a new urbanism on its map. “I’ve seen many villas on Sarjapur Road and also near Chandapura, as both places are close to my workplace at Electronics City. I prefer to buy a plot in Chandapura as the latter offers gated communities which are safer,” says Madhulika Bhagat (27) a techie hailing from Patna. For many like her, a home closer to the workplace is a dream high on the agenda.

Apartments here are self-contained with facilities like amphitheatre, swimming pool, jogging track, gym and party hall, children’s play area, gardens, tennis and badminton courts, but the rest of the locality has to travel elsewhere to even watch a movie.

Just across, the villagers of Chandapura are not too happy with the turn of things. “We are losing our land… Farm land is being used for construction of bungalows. Cultivation has been hit badly,” says Lalitha N, a floriculturist. Many like her here and in nearby villages like Hennagara are engaged in growing button roses and marigold flowers.

Other residents grapple with basic problems. VS Mani of Kittagana talks of severe water scarcity. “We have better roads and even bus connectivity is good. At Chandapura bus stand, you can catch a bus to any part of Bangalore every minute. But the huge group housing complexes, industries and hospitals that have come up in the locality have sapped underground water. Earlier, we’d get water if we dug just 300 feet deep, but now there’s no trace of it even double the depth… The thought of summer is scary,” says Mani who has lived there for all of his 60 years.

Chandapura, along with a clutch of neighbouring villages in Anekal taluk, depends on borewell water and private tankers. Hennagara lake, a major water source about two decades ago, has now seen encroachments. Residents say another problem is garbage pile-ups. Door-to-door collection is virtually absent.

Mani is one of the directors of Swami Vivekananda Rural Education Society, an established school in Chandapura. “Many international schools are coming up,” he says of the area growing as an education hub. Supplementing this are coaching classes for competitive exams. Traffic worries are set to ease with the coming up of an elevated expressway. For now, it seems to be a locality comfortable for those who are in apartment complexes.

Visit our website www.ICONIPL.com to know more about our projects or join our FB page https://www.facebook.com/pages/Icon-Infra-Shelters-India-PVT-Ltd/295384943914630?ref=stream to get regular updates about real estate and our business.

Neighbourhood community watch – Icon Infra Shelters India PVT. Ltd

In these times of increased violence, security to life and property assumes a greater proportion. With more and more families becoming a nuclear unit and youngsters living away from their families, there is a stronger need for the neighbourhood to come together to act as a security cover in addition to the formal security provided by the residential unit.

The security system in any residential complex can work only if there is co-operation from all the members and even then, there is only so much that they can do. It is up to us, the residents, to form a close-knit environment and help fellow members in case of any untoward happenings.

A fast paced life does not probably allow for a leisurely chat with the neighbours, yet it does not hurt to know your immediate neighbours beyond knowing their names.  This will enable you to detect any unusual event. This is commonly known as neighbourhood watch, where the neighbours keep a watch over their immediate surroundings. It is also a good practice to inform your friends and neighbours if you going away on a long vacation.

It is also important to follow all the rules and guidelines laid down by the common authority in charge of the maintenance and security, to ensure effectiveness of the system in place. When employing maids or drivers, it is mandatory to note down their names and contact details and also submit the information to the security personnel in the apartment complex. Similarly, in case of their termination, it is important to notify the authorities about their termination and also the reason for the same.

When in company or alone, it helps to be alert, aware and conscious of the surroundings. Keeping a look out for strange and dubious faces will go a long way in assuring yours as well as the community’s security.

Icon builders provide residential units in the form of community Villas, township apartments and Villa plots with all the amenities and luxurious of a gated community.

Do visit our site http://www.iconipl.com/ for more details.

What factors come into play before renting a home? – Icon Infra Shelters

Renting a home could be as tough, if not more, a decision as buying one. While, the general perception is that a rental home is only temporary and can be compromised with, the truth is far from it. A lot of factors need to be considered before renting a home.

Location: A conveniently located house that is neither too far from the children’s school nor entails too much commute to work becomes the ideal choice. Also, the essentials should be easily available. A daily existence that is compromised on this aspect can turn out to be a cumbersome and stressful affair.

Security: Security plays a very important role in these unpredictable times where women and children at a greater risk. Most families and even single working women prefer gated communities that have efficient measures and trust-worthy guards than independent houses or stand alone apartments that may not have tight security measures.

Icon-building

Amenities: Families with children need to consider aspects like the availability of open spaces for the children to play. Amenities like a gym, swimming pool and club house do come with a higher maintenance price, so it is advisable to consider if you really require very high-end amenities.

Neighbourhood: A pleasant neighbourhood with like-minded people around, local shops at an accessible distance, a considerate landlord may be other factors that you might like to consider before renting a place.

Condition of the house: Last but not the least; the condition of the house needs to be checked out thoroughly. Things like how well the house is ventilated, especially the kitchen, if the house has enough storage area or if minor changes can be incorporated, if the house needs major repairs, etc need to sorted out before zeroing on a house.

Icon builders bring you good quality, affordable homes at prime locations. Icon homes are a perfect blend of low-cost and great amenities. Do check our website http://www.iconipl.com/ for our projects. You may never want to live in a rented house again!