The Great New Craze in Kolkata
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realreal-- Kolkata tiesKolkata’s only dedicated real estate magazine I Vol 10 I Issue 4 I April-June 2015 Single-room 16 apartments: Are they the next big thing? SECOND Srijan Midlands 24– The best completed project Murshidabad: HOME 30 A photoessay The great new craze Spending 44Rs. 20 lac Get connected to more than 2,00,000 celebrated on a bathroom?! players from the city’s corporate, retail and real estate sectors. in Kolkata NEW LAUNCH Land area: 6.6 acres Number of blocks: 15 Number of floors: 13 blocks of G+10 and 2 blocks of G+7 SPRINGFIELD Number of apartments: 797 Rajarhat six-lane expressway Open space: 60% (approximately) Completion time: End-2018 Location: On the Rajarhat six-lane THE DEVELOPER SPEAKS: “Having carved a niche for itself in the Kolkata real estate expressway space, the Unimark Group’s latest offering, Unimark Springfield, promises quality living Unit sizes: 923-983 sq. ft. (2-BHK); spaces blending convenience and comfort for customers in Rajarhat. It integrates smart 1,160-1,412 sq. ft. (3-BHK) design, contemporary living and sustainability. The six-lane expressway, upcoming metro-rail connectivity and minimal traffic will ensure the ease of life one always dreams of.” Developer: Unimark Group & MBPS Contact: 033 4040 1010/6620 1010 Email: [email protected] omnipresent. almost... e, N. K. Realtors, are proud to announce that as part of our W expansion plan, we have spread our operations pan-India. We will continue to serve you in Eastern India and across all major Indian cities. Apart from Kolkata, we can now serve you in 15 cities through our partner offices in Mumbai, Delhi, Bengaluru, Hyderabad, Pune, Ahmedabad, Surat, Gurgaon, Noida, Chandigarh, Indore, Jaipur, Patna and Lucknow. Our members are motivated, entrepreneurial and leaders in their respective fields. They engage in one-to- one relationships with major investors, property owners and corporates in their respective cities. This CIRIL network will make it possible to bring 523 professionals, with a cumulative experience of more than two decades in real estate marketing, under one umbrella. We endeavour to continue serving our customers with priority and loyalty. Land area: 5.61 acres Barrackpore Number of blocks: 10 THE DEVELOPER SPEAKS: “In today’s fast-paced world, which is full of deadlines and Number of floors: G+4 dwindling work-life balance, it is difficult to find ‘me’ time. Rameswara Riverview, a one- of-a-kind residential project on the banks of the River Ganga at Barrackpore, equipped Number of apartments: 360 with all the modern and world-class facilities, offers a place to discover a new lifestyle. Open space: 55% Spread over 5.61 acres, Rameswara Riverview is the only project in Barrackpore, which comes with an everlasting view of the river. Rameswara Riverview reconciles Unit sizes: 865-965 sq. ft. (2-BHK); a comfortable existence with a convenient commute. It is well-connected through 1,140-1,305 sq. ft. (3-BHK) roadways, railways and waterways to Kolkata and other populated neighbourhoods like Location: 34, SN Banerjee Road, Shyamnagar, Naihati, Khardah, Sodepur, Titagarh, Konnagar and Sheoraphuli. With Monirampur, Barrackpore 700120 many educational institutes, hospitals and transportation facilities in its vicinity, the site enjoys a unique locational advantage of being close to the city while being nestled in an Developer: Rameswara Group arbour of peace and harmony.” Contact: 033 4040 1010/6620 1010 Email: [email protected] COVER STORY INSIDE N. K. Realtors (P) Ltd. 9, Elgin Road (4th Floor), Kolkata 700020, India Tel: 033 6638 1030 Web: www.nkrealtors.com For feedback, write to us at [email protected] Network Partner of Quality Assessment Partner Home Loan Partner 8 30 SECOND HOME! IN SEARCH OF LOST TIME There is an increased number of Kolkatans selecting to live in two homes, one Mudar Patherya takes the road during a busy week and other during a relaxed weekend. This reality promises to less travelled through the alleys of transform the face of Kolkata’s real estate industry. Shweta Prakash analyses the Murshidabad to uncover the remains of Editor: Biplab Kumar phenomenon a glorious 300-year-old past. Coordinator: Sanjay Adhikary Proof reader: Sandip Das Distribution: Abhijit Kar and Bandhu Sundar Ghosh Database management: Sonti Nag Advertising: Anuraj Dhar (+91 9674107979) Editorial support and design: Photographer: Roman Chakravorty DISCLAIMER The publisher, contributors and editor are not responsible in any way for the actions or results taken by any person or organisation on the basis of reading information, stories or contributions in this publication. The views expressed are their own. For all real estate queries, please call the customer care at: 033 4040 14 16 24 1010 / 6620 1010 anytime between 8 DO YOU REALLY KNOW SINGLE-ROOM APARTMENTS SRIJAN MIDLANDS THE BEST a.m. to 10 p.m. (IST), 7 days a week. SIDHARTH PANSARI? ARE THEY THE NEXT BIG THING? COMPLETED PROJECT Content published in real-ties is an Sidharth Pansari engages in a candid Siddharth Sethia and Rana Gupta A conversation with R.N. Agarwal, exclusive intellectual property of the Department of Public Relations and conversation that showcases the simple discuss this growing trend Director, Srijan Group Corporate Communications – man behind the corporate honcho N. K. Realtors Pvt. Ltd. N.B. For private circulation only, not for sale. April-June 2015 /real-ties Kolkata /4 EDITORIAL There used to be a time when the In this issue we go back in time to aspirational thing to do was buy a new AC, Murshidabad where Bengal’s terracotta audio speakers or a car. The big aspirational heritage is being preserved. We explain how thing now is to buy a second home. a number of prominent outstation architects are bringing a fresh perspective into Why? Because an increasing number of Kolkata’s architecture. Our story on Mivan people need to unwind – without going to a technology explains how forward-looking resort. Because an increasing number of builders are accelerating their construction people need to enjoy without engaging in with this cutting-edge technology. long-distance travel. Because people have disposable surplus incomes and feel that Enjoy! it would be better having an appreciating asset on their books. TEAM NK GATED COMMUNITY LIVING KOLKATA’S RIVERFRONT WHAT MAKES UDITA ONE OF “SPENDING RS. 20 LAC ON A FOR THE ELDERLY KOLKATA’S BEST-MAINTAINED BATHROOM?!” One of the biggest improvement in COMPLEXES? A growing need to create safe public spaces to have transpired in In the good old days, you bought a Jayanta Kumar Dey explains communities for the elderly with Kolkata is along the riverfront – on home for Rs. 20 lac. These days, that is why Ambuja Neotia’s Udita is a proximate facilities ............................20 both sides. ...........................................36 the kind of money that people spend 40 maintenance showpiece ................... on a bathroom. ...................................44 MIVAN GLOBAL MODEL FREEWHEELING Why is the engineered formwork There was a time when most real estate How NK Realtors helped the A tribute to that individual largely system, popularly known as MIVAN, promoters built one property quite like the established NGO Rural Health Care responsible for our success – the the latest buzz in the realty world? ..34 other, but times have now changed .......48 Foundation create an urban primary domestic assistant ..............................56 healthcare model ...............................52 April-June 2015 /real-ties Kolkata /5 CREDAI BengalRealty Awards 2015 CREDAI Bengal organised the second edition of the CREDAI Bengal Realty Awards 2015 on 19th March 2015 at ITC Sonar. Winners across 14 categories were felicitated by an independent five-member jury. WINNERS Best Budget Housing Project Best Mid-segment Housing Project Best Mid-segment Housing Project 4 lac 4 lac to 10 lac I lac to to 10 lac square 4 lac square feet and square feet and above feet above SUGAM SABUJ HILAND LAKE TOWN HILAND WILLOWS Best Luxury Housing Project Best Boutique Housing Project Best Commercial Housing Project 50,000 50,000 above square to 1 lac 1.5 lac feet and square square above feet feet FORT LEGEND PS PROMENADE SYNTHESIS BUSINESS PARK Best Brochure Best Commercial Project Outside Best Upcoming Budget North and South 24 Parganas Residential Project ZEN CITY CENTRE, HALDIA SIDDHA WATERFRONT Best Upcoming Mid-segment Best Upcoming Luxury Best Upcoming Commercial Project Residential Project Residential Project PS–SRIJAN PANACHE SWARNAMANI MERLIN ACROPOLIS Best Green Project Best Internet Portal ASTITVA SPACE GROUP CREDAI Bengal is the West Bengal chapter of the Confederation of Real Estate Developer’s Association of India (CREDAI), the apex body for private real estate developers in India. In West Bengal, the organisation represents over 300 developers April-June 2015 /real-ties Kolkata /6 MBPS Land area: 85 cottahs (approximately) Number of blocks: 4 Number of floors: G+4 WATERVIEW Number of apartments: 112 Malancha Bazar, Rajpur Open space: 60% (approximately) THE DEVELOPER SPEAKS: “For an affordable price, this is the place to discover a peaceful Unit sizes: 800-1,090 sq.ft lifestyle. The natural water body within the project makes it a one-of-a kind residential Completion time: December 2017 project coming up in the Malancha Bazar, Garia area. The project is developed by a reputed architect and experienced team, who are known for delivering landmark projects. With Location: 56, Satkari Banerjee Road, educational institutes, hospitals and transportation facilities in its vicinity, the site enjoys Malancha Bazar, Rajpur, Kolkata-700145 a unique locational advantage. MBPS projects has pioneered the construction of quality Developer: MBPS Projects LLP affordable apartments. The Group believes in efficient cutting-edge technology and aims to be a customer-oriented organisation.” Contact: 033 4040 1010/6620 1010 Email: [email protected] COVER STORY Second home! There was a time when Kolkatans bought one home and lived in it – for life.