Sunday, August 13, 2006
House of dreams is a realty now
NEW DELHI: Fancy picking up a villa from a catalogue much like you would pick up a dress. You could be doing just that, if the real estate biggies in the country are to be believed. Pick and choose from the models that are on offer and customise it according to your tastes.
While Emaar Properties and Nakheel have been doing it in Dubai, Ansal API, Kumar Builders of Pune and Adarsh Developers of Bangalore are a few which are coming up with projects that will allow choice and customisation.
Sources in Knight Frank said Adarsh Developers is coming up with high end villas on Sarjapur road, in the outskirts of Bangalore and is offering such services. Explaining the trend Pranay Vakil, chairman, Knight Frank, a global real estate consultancy firm, says, “As a result of increased demand and interest, people are now bound to offer these options.
Though customisation can’t happen on a large scale but companies will tend to offer flexible solutions in this space. This could include three or four types of soft interiors.” Experts feel the trend is a logical development as dealing with HNIs require offerings of this kind and increasingly, players in the realty space will provide such services.
Ansal API, which is coming up with high end villas in Lucknow to start with will offer a choice of this kind. There will be 300 high end golf villas ranging between Rs 4 crore and 7 crore. These ‘by invitation only’ villas will be around a golf course and would have swimming pools, tennis courts, a tennis academy by Mahesh Bhupathi and will be landscaped by consultants from the US.
Ansals plan to do similar projects in states such as Rajasthan and Haryana. The group is awaiting clearance from the government to start the project that’s expected to come up in the next 2-3 years. Pranav Ansal, director, Ansal API, says “We expect 30% of the customers of the project to be NRIs and the remaining 70% will be industrialists.”
Kumar Builders of Pune is also planning a project on similar lines though not as big as that of Ansal API. The project called Forest Valley in Pune will have 20-25 such villas and will be priced around Rs 2 crore.
Built on 40 acres, these villas will allow high net worth individuals the option of choosing from the available design, which would be then customised according to their needs.
While Emaar Properties and Nakheel have been doing it in Dubai, Ansal API, Kumar Builders of Pune and Adarsh Developers of Bangalore are a few which are coming up with projects that will allow choice and customisation.
Sources in Knight Frank said Adarsh Developers is coming up with high end villas on Sarjapur road, in the outskirts of Bangalore and is offering such services. Explaining the trend Pranay Vakil, chairman, Knight Frank, a global real estate consultancy firm, says, “As a result of increased demand and interest, people are now bound to offer these options.
Though customisation can’t happen on a large scale but companies will tend to offer flexible solutions in this space. This could include three or four types of soft interiors.” Experts feel the trend is a logical development as dealing with HNIs require offerings of this kind and increasingly, players in the realty space will provide such services.
Ansal API, which is coming up with high end villas in Lucknow to start with will offer a choice of this kind. There will be 300 high end golf villas ranging between Rs 4 crore and 7 crore. These ‘by invitation only’ villas will be around a golf course and would have swimming pools, tennis courts, a tennis academy by Mahesh Bhupathi and will be landscaped by consultants from the US.
Ansals plan to do similar projects in states such as Rajasthan and Haryana. The group is awaiting clearance from the government to start the project that’s expected to come up in the next 2-3 years. Pranav Ansal, director, Ansal API, says “We expect 30% of the customers of the project to be NRIs and the remaining 70% will be industrialists.”
Kumar Builders of Pune is also planning a project on similar lines though not as big as that of Ansal API. The project called Forest Valley in Pune will have 20-25 such villas and will be priced around Rs 2 crore.
Built on 40 acres, these villas will allow high net worth individuals the option of choosing from the available design, which would be then customised according to their needs.
# posted by mashup @ 1:19 AM 
