Builders create the outdoors in gated residential complexes in Pune
Mar 10, 2014
Source : The Times of India

 

PUNE: Every evening, homemaker Sanjana Patankar has to coax her eight-year-old son Shriyans to leave the play area nestled in the midst of the six towers that stand tall at the Golden Petals residential complex in Warje. And very often she herself strolls on the neatly cropped lawn adjacent to the play area, chatting up neighbours, before she goes home.

In a city hurtling to a breathless state, thanks to unbridled increase in the number of vehicles and traffic congestion, open spaces that allow cycling and other outdoor activities have become a premium attraction at residential complexes.

Not surprisingly, real estate developers have made it a point to throw in bicycle tracks, landscaped stretches or play areas for children in their projects as an added attraction. Importantly, the shift of most residential development towards the city’s outskirts has made it possible for developers to offer these features as large tracts of land are available for constructing clusters of residential buildings.

Quite a few developers have created facilities for residents to use bicycles within the residential complexes for fitness reasons or for local commute. Township complex Magarpatta City on the city’s east, for example, encourages its residents to use bicycles and has started a Cycling Club with the intention to encourage people to use cycles within the gates of Magarpatta City instead of two or four wheeler. “Cycling not only helps keep the air clean, it also benefits our health and is especially good for children. Besides, being a gated community it is very safe for them,” says Ajay Mohan, a resident and cycling enthusiast.

Satish Magar, chairman and managing director of Magarpatta City Development Corporation, says, “The layout of the township has laid great stress on open spaces, trees and plants. We also encourage outdoor exercise activities, such as cycling, in addition to making available a gym which is open round the clock.”

Magar is also spearheading development of 700-acre mega township Nanded City where more than two hundred acres is going to be open to sky, earmarked for greenery. The project has proposed a boat club and an international styled riverside resort in addition to an adventure park, a health and nature cure centre, a horse-track, an eco park and more will add to the countryside flavour of development. He says that each residential cluster has its own garden plot where cycle tracks can come up.

Director of Darode Jog Associates Anand Jog said the company’s housing complex Crossover County does not have earmarked cycling track, but residents are encouraged to use cycles as they like and especially for internal movement.

A spokesman for Amanora Township said the project does have plans to create a dedicated cycle track across its sectors though it will take time to get started with the idea. “This is a very large development which has to reach a certain stage when we start laying out the cycle track,” the spokesman said.

Latest Realty News

MMRDA proposes another radar at Panjarpol for taller buildings in BKC, Wadala
Mar 10, 2014
MUMBAI: Pushing for taller buildings in Bandra Kurla Complex and Wadala, the city’s development authority has written to the Ministry of Civil Aviation saying it is willing to set up an additional radar atop the twin tunnels it has constructed on the Eastern Freeway at Panjarpol to serve the purpose. The response follows suggestion from the ministry that more radars spread across the city at different sites might ease flight movement, while simultaneously allowing taller buildings.
Widows of soldiers duped of MHADA houses, Mumbai police to investigate
Mar 10, 2014
MUMBAI: Maharashtra Housing and Area Development Authority (MHADA) has asked Mumbai Police to investigate a case of thirteen widows of Indian Army soldiers allegedly duped of low-cost houses in Mumbai they are supposed to have won in a lottery.
Mumbai airport plans Rs 1,600-crore upgrade
Mar 10, 2014
MUMBAI: A metro link improving access to the terminals, expansion of the new T2 terminal, a new taxiway and a tunnel under the runway for airside (the area within an airport’s passport, Customs control and security checks) vehicular movement are being planned in the second phase of the modernisation of the airport here.
Top global investor CPPIB to set up team in India
Mar 10, 2014
MUMBAI: Canadian Pension Plan Investment Board (CPPIB), among the largest long-term public and private equity investors managing $200 billion in assets, is set to appoint an India team with a new office in Mumbai later this year.
The rich home in on safe bets
Mar 10, 2014
MUMBAI: A sprawling estate in the countryside, a heritage bungalow, large tracts of farm land – these may seem the likely investments for high net worth investors (HNIs) seeking property purchases. But with the downturn striking, the truth is that HNIs have been getting pretty conservative with their real estate bets.
Maharashtra Housing and Area Development Authority acquires 60 acres for low-cost homes
Mar 09, 2014
MUMBAI: The Maharashtra Housing and Area Development Authority (Mhada) is on a spree to acquire land around Pune, Nashik, Aurangabad and Nagpur to build low-cost housing. A total of 60 acres has been acquired and it would house 6,000 tenements, said Mhada vice-president Satish Gavai at a press meet on Monday.
SMS, e-mail reminders to pay property taxes
Mar 08, 2014
NASHIK: The Nashik Municipal Corporation (NMC) has decided to send reminders through SMS and emails to property holders pertaining to their outstanding tax dues from April 1.
Sensex, Nifty end nearly 2 percent up; banking, realty stocks rally
Mar 08, 2014
MUMBAI: The Nifty rose as much as 2.1 percent to a record high, and the Sensex hit its record for a second consecutive session, as foreign investors bet big in a country that just months ago was gripped by market turmoil.
Markets high on Modi, but wary of hangover
Mar 08, 2014
MUMBAI: Stock market indices jumped to record highs on Friday as foreign institutional investors (FIIs) stepped up purchases of domestic shares, encouraged by stability in the rupee. The Sensex clocked a record for the second straight session while the Nifty surpassed its previous high of December 9 last year. But not everyone on the Street was rejoicing as the rally was led by battered domestic sectors such as banks, real estate and infrastructure, a deviation from the usual leaders such as inf
Property rates in Eastern Mumbai District expected to double by 2017
Mar 08, 2014
MUMBAI: Property rates in the Eastern Mumbai District (EMD) which encompasses Karjat, Neral, Shelu and Khopoli are expected to double by 2017, according to Brick Eagle, a financial services platform for affordable housing development in India.

Latest Realty News Of State

Realty Talk's