Posts Tagged ‘Multiplexes’

Interior Decorations and Architecture is on Demand

December 30th, 2009

Interior design is a profession that primarily deals with anything  found inside a space – walls, windows, doors, finishes, textures, light, furnishings and furniture. All of these elements are used by interior designers to develop a functional, safe, and aesthetically pleasing space for a building’s user. Prior to commencing work on any space various factors are to be undertaken by the interior decorator. These factors include the look and feel of the space involved, theme and module of the decoration, the ambiance to be created the architecture and traditional decoration if required. The demand of interior decoration has increased rapidly to an extent that you have firms and agencies opening up solely to serve the purpose. Today, interior designers must be attuned to architectural detailing including floor plans, home renovations, and construction codes. Some interior designers are architects as well. Interior design is conceptualized by architects for both residential as well as commercial purposes. As the name suggests, residential designs deal with homes, where as commercial designs include offices, hotels, schools, hospitals or other public buildings. Some interior designers develop expertise within a niche design area such as hospitality, health care and institutional design. There is a wide range of disciplines within the career of interior design. Some of the disciplines include: structure, function, specialized performance, special group needs, discipline needed for business, computer technology, presentation skills, craft skills, social disciplines, promotional disciplines, professional disciplines, aesthetic disciplines, and disciplines with cultural implications. Areas of specialization in this field is continuously growing and changing. With various malls and multiplexes opening up in cities an increased focus have been applied to produce exotic designs and architecture making it look glamorous. Interior Design is a costly franchise and the revenues that are earned are generally very high. The earnings vary based on employer, number of years with experience, and the reputation of the individual. In both cases residential and commercial charges are levied on an area basis (per square feet). Additional factors that determines the cost of the project is the location and demographic factor. Central metropolitan areas where costs of living expenses and median earnings are generally greater, the budget will be higher compared to suburbs and rural areas. Moreover the average square footage of homes and offices has increased over time; the scope of work performed translates directly to higher earnings. All in all the industry is flourishing big time. Almost every major corporate would hire an interior decorator prior to setting up an office. Celebrities hire their professional services to get their stage decorated before commencing with an event and every homebuyer does strive to save as much to get their house decorated.

Pune Real Estate – Pune – A Property Hub

November 3rd, 2009

The article highlights the real estate scenario in Pune city and provides a brief glimpse of the current architectural trends in the city.

Pune – a vibrant and multi-faceted city is the focal point for education, automobile and IT sector in India. Every year thousands of students as well as professionals flock to the city for higher education as well as better employment opportunities. The greatest impact of this migration can be observed on the real estate sector in Pune.

Real Estate Scenario

The property market in Pune city got a real boost only about a couple of decades back. As the city continued its rapid business expansion, the property market also witnessed a sudden rise. With ample land available freely, there was great scope to develop huge residential and commercial properties in and around the city.

As a part of this massive development, the city witnessed the rise of several large residential and commercial establishments. This also resulted in the rise of several suburbs as an extension of the main city.

The past few years have witnessed exceptionally high activity in the real estate sector with the construction of many shopping malls, multiplexes and offices. The trend is to adopt international style of design and construction with emphasis on excellent and innovative use of space, quality construction and beautiful landscaping.

The modern trend of construction has resulted in the creation of several buildings with unique design, cutting edge technology and contemporary architectural style. In fact, Pune is the first city to have two mega privately managed townships – Amanora and Magarpatta.

These townships consist of residential, commercial and business avenues and are managed by private authorities. Such concept-based living is considered as a feather in the cap for real estate developers in the city.

Apart from these residential townships, yet another first for the city has been the construction of a private hill station – Lavasa. Located amidst some of the most scenic hills and woods, the Lavasa comprises of luxury villas that are meant to provide an unforgettable holiday experience to the dwellers.

There are several property developers who have led the revolution in the property sector in the city. Some specialize in commercial establishments while some in residential and few in both the sectors. Some of the leading real estate developers include the Paranjpe Group, D.S. Kulkarni Developers, Kumar Builders, Rohan Builders, Kolte Patil Developers, Amrut Runwal Group and Darode-Jog Properties.

Thus, the real estate scenario in Pune is one of the most burgeoning features of the city and has kept up with the changing demands and tastes of the people.

One of the reasons why real estate is growing expansively is because of its immediacy with Mumbai. Since there are assorted IT and Auto companies in the city, the prices of real estate are higher and growing as compare to other cities around it. As far as Information Technology is concerned, Pune is growing as a destination for IT and BPO industries, which is why; there are new opportunities for real estate activities. There are various IT industries which are looking forward to locating in the city.

The city is going to be one of the hot destinations in India for real estate investors by reason of growing Software Companies. The commercial properties are also being sought for the expansion of multiplexes, clubs, malls, convention centers, retail stores and hotels. There is ample of scope for residential and commercial project in the city which tempts every real estate investor. Pune is developing to be one of the most preferred cities in the country.




By: Jim Karter