Archive | September 2013

Know your neighbourhood-Part II- Schools-Icon Homz

Sending children to schools that are located at a far flung area and wait for their safe return each day is every parent’s nightmare. However, this need not be the case if you own a property with Icon Homz. Most popular and good schools are located in the vicinity, thereby reducing the commuting time for the children to a bare minimum. Your children can save precious energy for other activities!

Continuing our series on know your neighbourhood, here’s a quick glance at schools that are located within a stone’s throw distance from Icon properties:

Ebenezer International School: This school makes to the league of being one of the best international schools in Bangalore. It is situated in the vicinity of the IT Corridor – the Electronic City – on Hosur Road. It is a co-educational, day and residential school that offers modern facilities of the highest order and is affiliated to the ICSE and IGCSE boards.


Delhi Public School-East: A reputed and renowned school in the field of education, this is affiliated to the CBSE board of education. The school, located at Sarjapura road, boasts of quality teachers, top-class facilities and a huge and well-equipped campus.



Indus International School: This was been ranked as the top international school in Bangalore for the second consecutive year. The curriculum offered is the International Baccalaureate (IB) Primary Year Program from Prep to Grade 5, the Middle School Curriculum from Grade 6 to Grade 8 culminating in the University of Cambridge’s International Examination, which is held in Grade 10. Students are awarded the International Certificate of Education (ICE) after Grade 10. The school offers the IB Diploma Program for grades 11 and 12.


VIBGYOR HIGH, Electronic city: VIBGYOR HIGH E-city offers its students the choice of 2 boards : Indian Certificate of Secondary Education (ICSE) Board or Central Board of Secondary Education (CBSE) curriculum.  The VIBGYOR High campus at Electronic City is located at Vittasandra, just off Neeladri Road, easily accessible from NH7 (Hosur Road) and NICE Road. The school has excellent facilities- spacious classrooms with AC, swimming pool, well equipped computer labs, skating ring, basket ball court, indoor sports facilities among others. The school is located far from the noise and pollution of the city in a stress free environment.


Icon Homz is a young entrepreneurship; our energetic and creative team creates beautiful homes in an affordable range. Visit our website to know about our projects and be a part of our FB page to get our latest updates.


Corporate social responsibility for builders-Icon Homz

Building homes is equivalent to building a society and a good society thrives on better living standards and a transparent relationship with the governing authorities. From this point of view, it is necessary for the real estate industry to not only provide quality homes at affordable rates but also see to it that greater good to brought on to the larger community.

A builder’s responsibility does not end with constructing apartments and villas. There are many ways in which he can contribute towards a greener and healthier lifestyle for the common man.

Waste management: Once the handover of the apartment is done, the residents form an association of their own to carry out the future proceedings. However, the builder can pitch in to conducting a waste management workshop for the residents and future association and help the association make a smooth transition into an environment-friendly society.



Tie-up with NGOs: there are several NGOs that work towards the upliftment of the underprivileged in the society. Builders could tie-up with one of these that work towards the cause they support and organize regular donation drives or workshops in which the residents can whole-heartedly contribute.


Eco-friendly measures: Water conservation techniques, eco-friendly construction material, proper designing of the layout to ensure minimum dependency on external energy resources, these are some of the things that a builder can definitely offer its customers and contribute towards a more healthy and happy society.



Icon Homz is a young entrepreneurship; our energetic and creative team creates beautiful homes in an affordable range. Visit our website to know about our projects and be a part of our FB page to get our latest updates.

Know your neighbourhood-Part I- Restaurants

It pays to know the neighbouring area of the place you reside in or wish to reside as it brings in a sense of belonging and familiarity. So, here we bring to you in a series of posts, a glance into your neighbourhood that will feature food joints, schools, hospitals and offices around Icon properties.

What better way to start with than food! Let’s take a look at some restaurants in the vicinity where you can enjoy a meal with your family or even organize a team meeting with your colleagues.

Time Traveller-Sai Vishram: If you want a pure vegetarian cuisine at a place that doesn’t cost you a bomb, then this is the restaurant you should try. Better known as E-Inn, this place is located just about 200 mts off Hosur Highway. With a warm ambience and great spread-North Indian, South Indian, Chinese and Continental, it’s a food joint that gives good value for money.

Address: Sai Vishram, 144 – C/1, Kirloskar Road, Bommasandra Industrial Estate, Hebbagodi, Electronic City, Bangalore

Ph: 080 40400400


24@43- Crowne Plaza:

Address: Hotel Crowne Plaza, 43, Phase 1, Electronic City, Bangalore

Ph: 080 30030303

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This place serves buffet and can make an ideal set-up for team lunches. A good variety in cusine-Italian, North Indian, Fast food- and a pleasing décor is what 24@43 Crowne Plaza is known for. You can also get your food customized.

Chung Wah: If you are in a mood for a quick Chinese meal or want a take away to eat at your leisure, you can zero down on this restaurant. The food portion and the quality are worth a mention.

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Address: 1st Floor, Next To Cafe Coffee Day, Keonics Road, 1st Phase, Electronic City, Bangalore

Ph: 080 65000588, +91 9243550888

As a strategically located place, Electronic city houses fine restaurants that offer a good dining experience.

Icon Homz is a young entrepreneurship; our energetic and creative team creates beautiful homes in an affordable range. Visit our website to know about our projects and be a part of our FB page to get our latest updates.

How is the buyer impacted by the Real Estate Bill 2013

The real estate bill was approved by the Rajya Sabha early this June 2013. This bill has been welcomed by the buyer community since many of its provisions seem to be in favour of the buyer. Let us see what changes the bill seeks to bring in:

On the positive side,

Currently, there is no specific delay clause for the builder if he fails to deliver his project as per the schedule. This will change due to this bill as strict measures will be taken against those builders whose projects see a long delay in completion.

Often times we see that the amenities promised by the builder do not see the light of the day or they have a completely different face as opposed to what was promised in the brochures. With the regulatory bill, such things will be a matter of the past as the builders are mandated to stick with the original project plan and any deviation will attract a penalty and/or even imprisonment.

The hitherto ambiguous carpet area to SBA ratio will assume clarity with this bill since the builder will have to declare the actual carpet area at the time of the launch of the project itself.

Due to the bill, the buyers will now be assured of all the clearances needed for the project as it is now mandatory to get all the clearances approved before the commencement of the project.

It is a common practice among builders to rotate funds received from one project to be invested in other projects that are simultaneously going on. This will however be put in check by the bill provision that mandates builders to maintain separate accounts for each project and transfer 70% of the funds collected into the account.

Any structural defect has to be brought to the notice of the builder within a year of the project’s completion to ensure its rectification without any extra charge.

On the flip side,

The bill has exempted any previous projects from its ambit, thereby putting the recent buyers in the last 2 years at a disadvantageous position.

Also, the smaller builders do not come under the regulation Act which makes the bill a non-exhaustive one.

With sanctions from the government being a delayed affair, residential projects all over could see a delay in being launched.

Icon Homz is a young entrepreneurship; our energetic and creative team creates beautiful homes in an affordable range. Visit our website to know about our projects and be a part of our FB page to get our latest updates.