Thursday, July 26, 2012

Mahadev Orchid Bhubaneswar – Luxury Gets a New Definition!


If you have been hunting for your dream home, the search may just end now. Mahdev Orchid, a project that has come up in the posh Dumduma area of the city with a nice mixture of extremely spacious two and three bhk units, promises to be the home you have always wanted. Exquisitely designed for a harmonious living, Mahadev Orchid boasts of a wide range of modern amenities that guarantee a perfect relaxed life. 

The project has been designed with a sturdy structure that can withstand earthquake and also has an elegant interior. Each and every room has been designed with perfection taking care of all specifications that are meant not just for comfort but also to give the rooms a stylish look. Use of premium range vitrified tiles, sal wood door frames and teak veneer door with glossy finish are common to all rooms. This apart, wooden flooring and a shower enclosure in the master bedrooms give it a sleek look. 

Similarly, while the kitchens have been designed in such a way so as to accommodate the modular style with provisions for chimney and aqua-guard and ceramic tiles up to 2’6” height above granite platforms, the bathrooms have anti-skid ceramic tiles, premium range of sanitary fittings and provisions for geyser and exhaust fans. 

This apart, the lavish amenities are the other star attraction of Mahadev Orchid. From a kid’s pool to steam bath, air-conditioned gymnasium to air-conditioned club house with indoor games, snooker, carom and card tables to air-conditioned society hall with home theater, the project has everything that can make a buyer remain content within his home.  Basement parking, visitor parking, jogging track, children play area, 24-hr security, intercom and internet connection, 24-hr water supply, 24hr. back-up for common area and 300 watt for each flat are some more features that can tempt anyone to go ahead and find his dream home at Mahadev Orchid developed by Mahadev Griha Nirman Pvt, Ltd.

Monday, July 23, 2012

Vastu Guidelines to Increase Positivity in Home


The elements of Vastu have come to play a role in real estate for a long time now. Vastu has a great effect on home buyers/owners as they believe that these set of principles, which have some scientific values and impacts, can bring in positivity at home and help them lead a blissful life. Over the years, there has been a clear cut demand for Vastu compliant properties in Bhubaneswar as well even though the options were limited in the past. Builders are therefore designing housing complexes and apartments as per Vastu.
Given below are a few Vastu guidelines that can be kept in mind before buying a property to usher in peace and prosperity. 

LOCATION OF PROPERTY:
The property which you are planning to buy should not face the hills or high rise structures and towers. Buying this kind of property will slow down the progress in your life. However, if the property is facing north direction and these structures are on south then that is good and auspicious and gives protection to the house.
Sources of water like rivers, canals, lakes or ponds with clean, active and unpolluted water on north or north-east direction of the property creates beneficial energy.
One should avoid buying a property facing ‘T’ shaped roads as it affects the energy balance of the building and the health of the inmates negatively.
Avoid buying a north facing property with flyover in the front as it makes the inhabitants suffer financially and mentally in the long run.
One should avoid buying a small building between two giant buildings as the small house will always sense threatened by the taller buildings. This kind of property hampers the progress of the inhabitants and castes misfortunes.

WITHIN THE HOUSE:
The most important part of a house is the main entrance.  According to Vastu guidelines, it is always better to avoid buying property which has a door facing south-west direction. As negative energy enters the house from south-west direction and also brings in struggle and misfortune for the people who live in.
The ideal place for kitchen is the South-east direction. Avoid placing kitchen in the wrong direction as it may bring financial as well as health problems.

Master bedroom must be in the South-west direction and it is better if you sleep with your head positioning towards the south or west.

As per Vastu, toilets and bathrooms should be in south-west corner or in south west direction of the apartment. Since, the wind flows from north-east to south-west direction and if a toilet is placed in the north-east direction then the wind will enter the room flowing through the toilet, which will contaminate the air flow in the rooms.

Inside or the centre of the apartment/house should be spacious and clean, ensure this area receives good amount of natural light. Blockage of the centre is not ideal in Vastu, so rooms, kitchen or toilets should not be placed in the centre of the house. Plan a balcony in North or East. A balcony in South is not recommended.

Cash and valuables should be placed in a cupboard on the Northern side, preferably in a room which is in Northern side. Dining Room West is the direction of Saturn, representative of the masses and therefore also of their feeding mouths and hunger. Vastu Shastra directs that the eating room should be located in the Western side of the house.

The house/apartment should have even number of doors while Vastu warns that a house should not have a total number of 3, 6 or 11 windows. On the other hand, a staircase is considered to be 'heavy'. Its preferred direction is South or West. Do not have a staircase in North-Eastern part of the house.

Friday, July 13, 2012

Houses On Rent Plentily Available In Bhubaneswar

With property rates touching a new high, the demand for rental property has gone up in Bhubaneswar. But finding a house on rent is no longer a daunting task with houses plentily available in most areas across the city. Thanks to the increasing availability of houses and flats on rent, the tenants are in a much better position to choose and bargain for price and amenities today

Although a few years back, even the rental was soaring in the city, today the situation has changed and for a number of reasons.  Earlier the gross shortage of houses benefited house owners who could increase the rent manifold and get the price they wanted but if reports are to be believed the city has added more than 2,500 housing units per year in the past two years. 

There are many people who are holding multiple properties. So this has made impact on rent prices. Since there are more home available for renting the rentals have not gone up. Besides, with increasing number of people interested in buying a  house for living or investment, there is hardly a pressure coming on rentals.
The other major factor which caused rentals to go up was due to the floating population of students in the city, who did not have hostels in their institutions to live in. Students want home for short term when they are shifting to another city in search of higher education and rental houses are the only available option for them.  But over the years, most of these these institutions have added to their hostel capacities, reducing the pressure on the rental market further. 

The situation has changed so drastically in the recent times that even landlords are not asking for two to three months' security deposit from prospective tenants anymore. Unlike in the past years, one just needs to pay a month's rent in advance. Even brokers are in no position to demand commission from most tenants as they have plenty of options. It is the house owners who are giving away fortnightly or monthly rent as commission to these agents.So finding the house rent in Bhubaneswar is not more difficult for tenants.

Areas like IRC Village, Nayapalli, Patia, Neeladri Vihar, GGP Colony, areas south of Khandagiri and Sundarpada today have several houses with 'to let' signs. One comes across at least a dozen 'to let' signs in a single row on N5 block of IRC Village, supposed to be a sought after area because of its prime location close to the highway. Similarly, in various apartments at Patia, scores of dwelling units are lying unoccupied. However, as per reports, though rent is no longer an issue in these areas, it continues to soar in the prime localitie such as Saheed Nagar, Satya Nagar and Kharavela Nagar.

Home Buyers Eye Tier 2 & Tier 3 Cities, Bhubaneswar

Home buyers today have turned their attention towards Tier II and Tier III cities for investment as real estate is booming in these cities. While earlier, Tier I cities and their suburbs were looked upon as the best bet in real estate, large scale development in affordable constructions is now translating into high interest levels for Tier II and Tier III cities as well. Bhubaneswar is one such city which has witnessed remarkable development over the last few years and has caught the attention of both buyers and realtors.
The reasons behind the rising popularity of these cities in the real estate sector are not too difficult to analyses. Property prices in metros are soaring. Within Tier 2 and 3, most Metro city dwellers feel it is a good option to buy a property in nearby vicinity to the city rather than in a completely new city and with high property prices.
The cost of living in Tier 2 and Tier 3 cities is much low as compared to the expensive lifestyle one needs to maintain in the metros.  Basic necessities like house rent, transportation, education, and many others are much more affordable in Tier 2 and Tier 3 cities as compared to the metros. This apart, life is much more relaxed and goes on at a comfortable pace in these cities. So, one gets to enjoy a hassle and stress free life in these cities. Besides, the standard of living has also improved in these cities with all kind of facilities available in all sectors, be it education, retail or health.
That apart, most Tier II and Tier III cities are better connected today making them much more accessible. Appreciation in land rates is another reason why home buyers are looking at a city like Bhubaneswar.  Land available in Tier 2 and Tier 3 cities is affordable now and expected to rise in the near future with rapid urbanization. Many buyers are also buying homes in tier 2 and tier 3 cities as second homes to support their parents. Old generation often find it hard to catch up with the pace of metros. They often feel insecure and secluded. On the other hand, some are opting for such cities as retirement options.Also those staying on the outside of the country (India) are planing to invest their heard earned money in Tier II and Tier III cities like Bhubaneswar properties.

This apart, affordable housing is easier in Tier II and Tier III cities because the land rates are relatively low and the distance of city centers from such projects is generally manageable, which is an attraction from a builder’s point of view. The developers are thus looking at a number of mid-segment and affordable projects in the residential segment in these cities as they also believe in days to come, these cities will be hubs of development and growth.

Properties in Bhubaneswar - A Lucrative Destination For Developers


With real estate developers now turning their attention towards Tier II and Tier III cities, Bhubaneswar is emerging as one of the most lucrative destinations in Eastern India.  Real estate sector is now expanding to these cities creating new avenues for development and Bhubaneswar is undoubtedly one of the fastest  growing Tier II cities in the country. 

There are a number of reasons why the housing demand has gone up in Tier II and Tier III cities. The rapid growth in Tier I cities has led to unplanned development which in turn has made these cities congested with residential and commercial properties. This congestion in realty structures has forced the respective governments and many investment companies to seek out for alternative smaller cities leading to a demand for Tier II and III cities.

For realtors, these cities are an attractive option for construction as the return on investment is way higher in these cities compared to metros and construction time is less. Returns here are stable and much better than metros over the long-term. Labour is cheap comparatively. Also there are no speculative elements in tier ll and tier III cities unlike metro cities which make the markets safer. The yield rate in Tier ll and Tier III cities is much higher.
Besides an increasing number of home buyers also consider Tier II and Tier III cities as excellent investment options for obvious reasons.  Land available in these cities is affordable now and expected to rise in the near future with rapid urbanization. The cost of living in these cities is not just much less in comparison to the expensive metros. And, it is even better as against the metros. With all the world class facilities now available in Tier II and Tier III cities, they offer a stress free life.  Also some builders are thinking to invest more in Bhubaneswar properties as the price is increasing day by day.

Bhubaneswar today has not just emerged as an IT hub but also an education hotspot in the entire eastern India. While it signals growth and development, it also means that an increasing number of people from outside have moved to the city in recent times leading to greater housing demand. Be it in the retail sector or medical field, the city has everything to offer for a comfortable life. As a result, even big players in the real estate market are planning their projects in the city. The way things stand now, the city will continue to attract both developers and buyers in the near future as well.