a quarterly real estate news bulletin from tata housing
TRANSCRIPT
A Quarterly Real Estate News Bulletin From Tata Housing
OCTOBER 2012 VOLUME - iV
WELCOME TO SKYLAR - TATA HOUSING'S
QUARTERLY REALTY BULLETIN, THROUGH
WHICH WE ENDEAVOR TO BRING YOU THE MUST
KNOW ON HOUSING & INDIAN REALTY MARKET,
BUYERS GUIDES & REVIEWS, INTERIOR &
EXTERIOR DESIGN CONCEPTS & HOME
IMPROVEMENT TIPS, UPDATES ON OUR VARIOUS
PROJECTS AND ACTIVITIES AND DISCUSSIONS ON
A RANGE OF OTHER INTERESTING TOPICS
RELATED TO THE REAL ESTATE SECTOR.
For any comments, suggestions or queries on this newsletter, please contact Vikram Kharvi, Manager Marketing Communications at [email protected]
CORPORATE OFFICE:
TATA Housing Development Co. Ltd.
Tel:
Fax:
12th Floor, Times Tower, Kamala Mills
Compound, Senapati Bapat Marg
Lower Parel, Mumbai - 400013
+91 22 6661 4444
+91 22 6661 4452
Copyrights 2012. TATA Housing. All rights reserved.©
• REAL ESTATE OVERVIEW 3
• GREEN PLEDGE 4 - 5
• Cover feature 6 - 7
• by invitation 8 - 9
• home COLOUR THERAPY 10 - 11
• NEW LAUNCHES 12 - 13
1• ALL ABOUT HOMES corner 4 - 15
1• thdc online presence 8 - 19
This issue’s highlights include:
REAL ESTATE MARKET OVERVIEW
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • • 3
The financial year 2012 is poised to witness tremendous activity in India, with Tier I and II cities continuing to dish out new projects and Tier III cities also garnering the attention of both developers and consumers.
The second quarter (July 2012 to September 2012),
saw a fresh supply of ~624 Mn Sq.ft. (~455,000
units) of residential space to be delivered this year.
The second quarter witnessed 625 new projects or
70,293 units launched in 37 major cities in India, of
which 42% fall under `50 lakh plus category.
Bengaluru itself seen the launch of 75 new projects
or 9226 units, clearly making it the hottest real
estate destination in India. Factors like the ready
availability of land, proximity to work, helped to
sustain this activity.
The North East Region of Pune and the South West
Region of Chennai also witnessed high levels of
movement. 71 new projects were launched with a
total of almost 10.3 Mn Sq.ft. in Pune, and 68
projects with nearly 7.3 Mn Sq.ft. was launched in
Chennai.
Gurgaon continues to see a fair response from
consumers, while Mumbai witnessed 40 projects
being launched, but reduced prices of new launches
has allowed for absorption levels to be sustained. A
severe price correction is still expected in the
market.
Source: Prop Equity Real Estate Tracker
green pledge
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • •4
Let's get together and pledge for a greener tomorrow!
The promises we make today, however little will
have a GREAT IMPACT on our tomorrow.
TAKE A GREEN PLEDGE
Make minimum use of
items which require cutting of
trees. Would try to maintain a small
garden wherever I am encourage
all my friends, relatives and colleagues
to plant more and more trees. After all
this is our mother earth which we
need to protect in order to enjoy its
beauty and prosperity.
Pledge by:
Manu Tripurari
Encourage everyone I know
to grow more trees.
Encourage recycling and avoid
paper cups. Bring your own bottle
and own mug to office. Try and
save paper by printing on both sides.
Try and stop others from littering
around and keep our surroundings
clean and hygienic.
Pledge by:
Bhavna G
I will switch off lights and
fans when not necessary
and I will check all lights
before leaving my home.
Pledge by:
C S Rakesh
Tata Housing's BIG Initiative
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Tata Housing Development Company
Limited, has been the biggest propo-
nent of green development in the Indian
realty sector and has been constantly
working towards creating awareness on
pressing issue of 'Climate Change'.
As a responsible corporate citizen and
following the ethos of a Tata group, the
company has launched a green CSR
campaign under the banner of BIG
(Beautiful is Green), with the aware-
ness on small acts of green that would
lead to a greener tomorrow.
The campaign attempts to sensitize
people against the impending threats
posed by the global warming and
involve them to provide day-to-day tips
which will help in building a greener
planet.
Speaking on the initiative Mr. Rajeeb
Dash, Head of Marketing, Tata
Housing, said, “Indians are increas-
ingly becoming environment conscious
and are contributing their bit towards
mother earth. With our BIG initiative, we
hope to reach out to large number of
people by involving environmental
enthusiasts to actively participate in our
endeavor. This can simply be done by
participating in the drive or simply
r e g i s t e r i n g o n t h e w e b s i t e
”
In a short span, the campaign has been
established as one of the biggest
environmental awareness initiatives
and has registered phenomenal
success both in terms of its reach and
impact. The stellar success of the
campaign is also evident by the support
it has received on social media net-
works such as Facebook and on its
micro site, where individuals from all
walks of life are registering and sharing
ideas on going green.
www.tatahousing.com/big
Some of the activities initiated
under this campaign are as follows;
Project Vriksha: Tata Housing had
got associated with Nat ional
Association for the Blind Employment
and Training (NABET) to carry out a
sapling distribution drive at the KM 24
Toll Plaza on the Delhi-Gurgaon
Expressway.
This unique initiative was initiated with
a vision to spread awareness of a
clean and a green living amongst the
residents of Gurgaon-Manesar by
emphasizing the importance of
growing trees and planting saplings
for our better environment.
Dignitaries from the corporate
sectors, the Govt. agencies, besides
hundreds of students from leading
schools participated in this drive. By
inviting children to this occasion, the
message to the future generation on
the importance of conserving,
protecting and sustaining our planet
was reinforced. The plantation drive
started from the KM 24 toll plaza and
extended upto the IGI toll plaza, Rao
Tula Marg, Mahipalpur, KM 42 toll
plaza, Jharsa Chowk, Rajeev Chowk
and Iffco Chowk.
Green Ganesha Campaign: Tata
Housing partnered with 92.7 BIG FM
to create awareness on Green
Ganeshotsav, under this joint cam-
paign we were able to drive the
message of ecofriendly Ganeshotsav
by educating the listeners on ways
means of making this Ganesh Chaturti
green by adopting eco-friendly idols,
using eco-friendly colours, lesser
noise pollution etc. The campaign was
endorsed by many celebrities as well.
Additionally under the green cam-
paign all our projects starting from
value homes to super luxury homes
are all sustainable green develop-
ments certified by IGBC.
Beautiful is Green
The campaign is being promoted
through
• Conventional media to increase
the visibility (PRINT ADS).
• Online activities to make it more
viral (Facebook, Twitter and
Microsite).
• Involving more people to make
them contribute more ideas
towards a greener tomorrow.
(customer engagement)
• Involving all the stakeholders of
Tata Housing to contribute for the
noble cause.
(employee engagement)
vehicles, while keeping the suburban
commercial centers within reach. A
compact suburb also encourages
environment-friendly initiatives,
including rainwater harvesting,
harnessing wind and solar power, and
designing green buildings which make
maximum use of natural light.
Intrinsically, the concept of compact
suburbs draws inspiration from the
concept of 'compact cities' – fairly
popular in developed nations, but
something which has resolutely
stayed beyond the grasp of India's city
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Cover Feature
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While enjoying a luxurious life is conceptually alluring, many of our prospective customers complain of the long commuting hours. A compact suburb is the perfect answer to their woes, where people can live and work within a radius of 15 kilometres.
A compact suburb proposes a mixed
land use policy, where not only
residential complexes co-exist with
commercial facilities, the emphasis is
also on vertical development. In plain
terms, this means developing scores
of high-rises and offering both
residential and commercial spaces
across these properties.
The concept, of course, does not limit
itself to only building these high-rises,
a compact suburb also calls for
developing a world-class public
transport system which is accessible,
fast, reliable and affordable. Such a
transport system conceptually
discourages usage of personal
The concept of compact suburb is
intertwined with how and why suburbs
developed in the first place. In India
and all over the world, city-suburbs
developed as people either moved out
of cities by choice (for want of a better
lifestyle) or by compulsion (cheaper
real estate). However, a large section
of the suburban residents continued to
commute to the cities daily to earn
their livelihood. In the present context,
much of the traffic congestion across
India's metros is on account of office-
goers from one part of the city/suburb
moving to another far-flung area to
reach their place of work.
It has been Tata Housing's stated
policy to develop modern township
projects in the suburbs where resi-
dents can experience a sustainable,
integrated and better quality of life. We
recognize that only suburbs have the
wherewithal to provide a superior
lifestyle. In fact, we have even coined
a term – Modern Suburban America –
drawing an analogy between what's
happening in India in the present
times (more and more people moving
to the suburbs to live a life of luxury
aka the American dream) and what
happened during the Suburbanisation
of America (a socio-economic
phenomenon where hundreds of
thousands of people left American
cities to live in the suburbs during the
1940s-90s) for a better life. If the
Suburbanisation of America was a
congregation of economic, social and
cultural trends seen first and most
visibly in the American suburbs, we
see the same trends getting reflected
– albeit distinctly – through the
development of Modern Suburban
America in Indian suburbs.
inefficient sprawling manner where a
lot of land has gone unutilized before
another stretch, a few miles away, has
been up for development. The
government and civic authorities must
put an immediate stop to this unstruc-
tured expansion and encourage
planned and managed development.
Organised real estate players such as
Tata Housing are willing to help in
drafting a policy framework and to also
implement the plan. Planners will do
well to remember that compact
suburbs, rather than sprawling ones,
represent a good model for achieving
economic growth, social inclusion and
environmental sustainability as these
promote connectivity, mobility and an
overall better quality of life.
planners so far. Compact cities too
have a mixed land use policy, where Compact Suburbs – An opportunity to create world-class cities of tomorrow
Bumper-to-bumper traffic has a
different connotation in Gurgaon, and
especially during peak office hours.
Most regular commuters to Gurgaon
have their personal nightmarish
experiences to recount around the
toll-plaza gates and beyond. While the
average travel time by road from/to
Delhi is one-and-a-half hours each
way, people are known to have spent
more than five hours on the roads on a
bad day.
How about cutting down the travel-
time to only 30 minutes each way?
That's the inherent promise and the
most people-friendly salient feature of
a 'compact suburb.'
By Brotin BanerjeeMD & CEO,
Tata Housing Development Company Limited
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • • 9
by invitation
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • •8
will inspire larger developers from
beyond a region's borders after the
fundamentals of that area's demand
are captured sufficiently and the
markets are sanitized in terms of
municipal and financial market
stabilization.
In the next one to two years, develop-
ers will have realigned their business
strategies sufficiently to leverage the
potential of Tier II / Tier III cities that
have sufficient market drivers or are
witnessing considerable investor
activity (such as Kochi, Surat, Mohali
and Chandigarh).
When it comes to long-term property
investment, there is definitely no
reason to look only at the metros. India
has the highest rate urbanization
among the BRIC nations. 854 million
people will live in Indian cities by 2050
– that is more or less the combined
population of present-day USA,
Brazil, Russia, Japan and Germany.
In the coming decade, India will add
95 million people to its already dense
urban fabric, nearly one-fourth of its
current urban population.
India needs more cities, and the ones
which are growing now will grow
exponentially in times to come.
Among the ones that bear watching by
long-term property investors are
Ahmedabad, Surat, Vadodara, Kochi,
Coimbatore, Tiruvananthapuram,
Jaipur, Jodhpur, Vishakapatnam,
V i j a y w a d a , C h a n d i g a r h a n d
Ludhiana.
The Long-Term View
The demand fundamentals of the
India story are now focused around all
cities that have sufficient economic
activity, be it industrial, service sector-
driven or incentive-driven programs
by the State Government. In Gujarat,
which has seen considerable indus-
trial progress, the key cities of
Ahmedabad, Surat and Vadodara
come readily to mind. Baddi in
Himachal Pradesh and Pantnagar
and Rudrapur in Uttaranchal attracted
a lot of residential developers that met
with success, thanks to proactive
Government policies.
In the South, Coimbatore, Vizag and
Kochi emerged, either thanks to a
large investor segment or as the
outcome of sufficient economic
activity. Towards the West, Pune,
Nasik and Nagpur are noteworthy in
this context. In all cases, developers
positioned their development close to
industrial hubs, targeting a totally
different price segment and making
the most of it.
That said, every developer was
inspired to create a national footprint
six to seven years ago. While this was
a worthy ambition, it was poorly
conceived as a plan since many of
them did not factor in State
Government-level regulatory chal-
lenges such as local municipal laws.
They also did not consider that they
may not have had the requisite
financial resources, organizational
depth and knowledge of the local
markets to manage and execute
projects in Tier II and Tier III cities. Nor
had they accurately gauged the
What Went Wrong
would see the virtue of focusing on IT-
centric cities such as Bangalore,
Hyderabad, Chennai, Mumbai,
Gurgaon and Pune, and rethink on
plans to invest in cities that lack
Information Technology activity.
Tier II and Tier III cities still represent a
great story, especially in terms of
affordable housing for industrial work-
forces. However, this story may no
longer be suitable for some of the
larger developers. These are loca-
tions where the strength of regional
players will come into play.
There is at least one strong developer
in every region. These brands have
demonstrated that they understand
their geographies better than any
players who arrive from the outside to
experiment on the Tier II / Tier III story.
The success of these local developers
The Edge of The
Local Developer
capital that is earmarked for residen-
tial projects, construction funding
against achieved leases and signed
contracts, or for cities displaying
sufficient demand even in subdued
market conditions.
In the current context, it makes sense
for developers to re-strategize and
focus on their core geographies. For
example, if a certain developer is
extremely accomplished as a residen-
tial player in the South, having high
credibility and sufficient brand recall in
this region, such a company would
ask itself how wise it is to experiment
in the North or the West, and whether
it would not make more sense to
expand in the South.
Likewise, developers accomplished in
IT projects would now concentrate on
geographies that feature a healthy IT
component, and avoid branching out
into cities that lack a sufficient volume
of such activity. Such developers
demand fundamentals of these
locations.
Such developers proceeded to enter
into land acquisition on their own
equity and were caught short-footed,
not realizing that the property cycles
were then at their peak, and that there
was bound to be a correction – if not a
fall.
Major players are now going to re-
align their positions vis-à-vis unex-
plored territories. There is now a very
clear realization that it is extremely
difficult to become a genuine Pan
India player in every geography and
real estate segment. Moreover,
developers today have woken up to
the fact that there is only limited capital
available to real estate players today –
The Dawn of Reason
India's Tier II / Tier III Real Estate Story – Then And Now
By Anuj PuriChairman & Country Head, Jones Lang LaSalle India
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • • 11
ColoUr Therapy
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • •10
If only choosing a colour palette for your interiors was that When decorating an area - the complementary colours, and
easy, but that doesn't mean you can't cheer up your space! their variations, should be remembered and combined with
Why stick to boring beige when you can pump up your pad our main choice of colour by way of soft furnishings perhaps
with a kaleidoscope of color? Colour has the ability to pictures, etc.
completely alter the atmosphere and ambiance of your
home. Using colour to enhance a home and make its It is also helpful to take into account the aspect of a room. For
occupants feel more content and peaceful is a useful way to example, should you require a calming atmosphere in a
counteract any sense of stress and negativity that you may north facing room, which may well be one of the colder
feel in your home. It is colour therapy for the inhabitants as rooms in your house, remember to use some warm colours
much as for the home. (i.e. variations of yellow, orange and red) to prevent the room
from feeling colder.
There are many variations of the basic colours. The paler
versions, which are sometimes more appropriate for When using colour in the home environment, we all have our
covering the walls within our homes, give us the same own personal choice. Particular colour choice though can
qualities as the bold colour but in a gentler way. help towards providing a specific 'feeling' for a space.
Below we have put together some suggested uses of colour
in the home, workplace and other various environments,
and the effects these colours can produce.
GIVE YOUR HOME A THERAPYC O L O U R
Effects of Violet Colour
Suggested Areas of Use
• Calming for body and mind
• Good for meditation and prayer
• Enhances purpose and dignity
• Heightens our awareness and
helps us to give our very best
• Purifying
• Places of worship
• Entry areas to clinics and hospitals
• Festival areas
• Pale violet in bedrooms
Effects of Blue Colour
Suggested Areas of Use
• Calming, relaxing and healing
• Not as sedating as indigo. Also the
colour of communication
• All rooms except those used for
physical activity or play
Effects of Green Colour
Suggested Areas of Use
• Balancing, harmonising and
encourages tolerance and
understanding
• Depending upon the shade, can
be used for most areas
• Use with other colour(s) as well to
avoid the balance and harmony
becoming more like total inactivity
and indecision
Effects of Orange Colour
Suggested Areas of Use
• Warming and energizing
• Can stimulate creativity
• Orange is the colour of fun and
sociability
• Any activity area and creative
areas
• Not ideal for bedrooms or areas
of possible stress
Effects of Yellow Colour
Suggested Areas of Use
• Stimulates mental activity
• Promotes feeling of confidence
• Helpful for study as it helps us to
stay alert
• Activity rooms
• Entrance halls
• Not for bedrooms as yellow can
interfere with sleep since it tends
to keep our minds "switched on"
• Not ideal for areas of possible stress
Effects of Turquoise Colour
Suggested Areas of Use
• Cool and calming and good for the
nervous system and immune
system
• Any room except it is not ideal for
activity areas
Effects of Pink Colour
Suggested Areas of Use
• This colour soothes and nurtures
• It helps to dissolve anger and
encourages unconditional love
• Ideal for a baby's or child's
bedroom
Effects of White Colour
Suggested Areas of Use
• White contains all the colours. It
emphasizes purity and illuminates
our thoughts, giving us claritym
• Any room, but it can be a little
intimidating to some. Needs to be
broken up with another colour or
with plants, ornaments, pictures,
etc.”
Source: http://www.colourtherapyhealing.com
Effects of Black Colour
Suggested Areas of Use
• Black used with another colour
enhances the energy of that second
colour
• Black gives us the space for
reflection and inner searching
• Not ideal as a single colour, but
when used with care, can enhance
and complement other colours in
almost any situation
Effects of Indigo Colour
Suggested Areas of Use
• Sedative
• Helps to open up our intuition
• The colour of divine knowledge
and the higher mind
• Indigo is suitable for more 'quiet'
spaces and less suitable for areas
of entertainment
• Bedrooms and treatment rooms
• Some people find indigo is helpful
for studying so this colour could be
used as part of the decor of a
library or study
Effects of Red Colour
Suggested Areas of Use
• Energizing, exciting the emotions
• Stimulates appetite
• Any activity area but red needs
careful choice of tone and depth
and the space in which it is to be
used as it can make a space look
smaller and can be claustrophobic
or oppressive. However, used well,
red and its variations can make a
space feel warm and cosy. Often
used in restaurants
Effects of Magenta Colour
Suggested Areas of Use
• Magenta is the eighth colour in the
colour spectrum and is a
combination of red and violet. It
combines our earthly and spiritual
self, thus balancing spirit and matter
• It is uplifting and helps us to gain a
feeling of completeness and
fulfillment
• Lecture spaces
• Chapels halls, etc.
• Not ideal for play rooms or activity
rooms
RED MAGENTA INDIGO
VIOLET BLACK WHITE
PINK BLUE TURQUOISE
GREEN ORANGEYELLOW
new launches
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • •12
Tata Housing and Arvind Launch New Haven Compact~ Announce the launch
of phase II of a Mega
Integrated Sustainable
Green Township, spread
across 135 acres ~
Announcing the launch of 'New Haven
Compact' at Ahmedabad, Mr. Brotin
Banerjee, Managing Director and
Chief Executive Officer of TATA
Housing said, “Following the success
of Shubh Griha and coupled with an
extensive consumer demand from the
medium income consumer segments,
we are happy to bring this new
affordable housing concept for the
people of Gujarat. At Tata Housing it's
our constant endeavor to offer
benchmark projects basis on the
needs and requirements of our
consumers, matching their aspira-
tions. With each of our offerings, TATA
Housing has created distinct products
that have been welcomed by consum-
ers. The launch of New Haven
Compact is in line with our expansion
plans in the affordable housing
segment in Ahmedabad.”
The township is being jointly devel-
oped with Arvind Real Estate, under
the banner of Arvind Smart Value
Home LLP, a special purpose vehicle
(SPV) created to develop a mega
township.
Following the integrated sustainable
green township approach, New
Haven Compact at Ahmedabad will
be pre-certified Gold by Indian Green
Building Council (IGBC). The town-
ship moves beyond merely providing
a home with its concept of the 'Neigh-
borhood and Community,' giving its
customers a sense of place and
community life.
For enquiries:
Toll Free Number - 1800 266 6666
or visit www.newhaven.co.in
Tata Housing and Arvind Real Estate
recently announced the launch of the
phase-II of a 135 acre integrated
sustainable township in Ahmedabad,
by launching a mid-range affordable
housing brand 'New Haven Compact'
in Ahmedabad.
New Haven Compact is part of
integrated township project, designed
by internationally renowned architec-
tural firm HoK of USA, is planned
taking inspiration from the architec-
ture of Gujarat. The project offers all
the amenities essential for modern
day living – swimming pool, well-
equipped gymnasium, volleyball
court, retail shopping facilities and
indoor games room. The project will
follow an integrated sustainable
township approach and is conceptual-
ized and developed by Tata Housing
with a vision to create a positive
ecosystem for the neighborhood and
the community.
The project architecture and design theme is based on the essence of Gujarat. Every little amenity has been planned keeping in mind the Gujarat way of life. Strategically located on Vadsar-Kalol Road, Near Arvind Mills campus, the project offers 21 buildings of 1 BHK of G+4 structures, p r i c e d a t `1 2 . 9 l a k h onwards.
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • • 15
All About Homes Corner
skylArA QUARTERLY REAL ESTATE NEWS BULLETIN FROM TATA HOUSING OCTOBER 2012 VOLUME - IV • •14
One can opt for organic accessories like
bamboo planters, cotton bedcovers,
handmade earthern sculptures, jute or
cotton cushions and paper lamp shades
to enrich the quality of the living space.
Using glues, paints or varnish that have
low VOC content or water based solutions
are also an effective way to adapt green
living.
While the green building movement has
been around globally since the 1970s, it
has gained momentum in India only in the
last couple of years. The first standard
green rating programme in India was
Indian Green Building Council (IGBC).
Even GRIHA, an acronym for Green
R a t i n g f o r I n t e g r a t e d H a b i t a t
Assessment, conceived by TERI is the
National Rating System of India.
Many of the modern-day green homes
await GRIHA certification, whereas
renowned architects and high-end
builders plan their futuristic projects under
the guidelines of IGBC. Tata Housing
Development Company Limited has been
one of the pioneers for sustainable green
developments. It has been the biggest
proponent of Green initiatives in the
Indian Real Estate space. As on today,
Tata Housing is developing over 44
million sq.ft, which is under various
stages of developments, all built under
the guidelines drawn by IGBC.
With more awareness among the masses
and the architects willing to experiment
with building styles and materials, the
trend of turning homes into eco-friendly
havens will soon become big. Other than
being the need of the day, it's something
worth adapting in these times of climate
change and global warming.
An eco-friendly home is more expensive
compared to a traditional home, but
looking at it from a long-term perspective
enables us to get a higher value with
respect to conserving energy, enhancing
productivity and not to forget, better
lifestyle.
The Emerging Trend of Eco-HomesWith celebrities like Gul Panag and Abhay Deol paving the way for green
homes, people across the planet are waking up to this emerging need &
pushing the green quotient of their homes. The trend seems to be more
popular in Bangalore, Chennai, Delhi-NCR, Mumbai and Hyderabad.
One of the main reasons behind the popularity of Green Homes is that it
reduces the carbon footprint and brings down maintenance cost and utility
bills. The homes are designed keeping in mind the factor of 'energy
efficiency'. Right from the building material, paint, solar equipments to rain
water harvesting, different aspects are considered before building an
environmentally responsible and resource-efficient home.
Below is an insight on the elements, cost factor & long-term benefits of
going green:
How you save by going greenSolar panelWHAT THEY COST
WHAT YOU SAVE
`50,000-3 LAKH for installation
`12,000-15,000 on power bill in a year
CFL bulbsWHAT THEY COST
WHAT YOU SAVE
`200-250 compared to `20 for an ordinary bulb
`30 per 100 hrs of use (25 w bulb)
Star-rated productsWHAT THEY COST
WHAT YOU SAVE
`5,000-7,000 more than the unrated ones
`2,000-3,500 per 1,000 hrs of use (1.5 ton AC)
Rainwater harvestingWHAT THEY COST
WHAT YOU SAVE
`20,000-30,000 for installing the system
40% on water bill, plus rebate from the government
Image courtesy: Economic Times
Carpeting
It's one of the most soothing ways to
welcome the new season. Laying area
carpets with plush textures in rich warm
patterns will take the chill off hardwood or
ceramic floors. Plush oriental, wool, and
persian carpets are excellent choices for
this time of the year.
Scented Candles
If you're not fond of a fireplace, here's
another interesting way to warm up the
atmosphere of your home. Scented
candles provide extra heat and at the
same time, create a cozy ambiance.
Soothing scents like pumpkin and
peppermint invoke lovable memories
and refresh your home in an inexpensive
and safe way. You can even try experi-
menting with various scents in different
areas of your home. For your kitchen, opt
for a highly fragranced cinnamon apple
oil to evoke moments of baking and
holidaying. With regards to the bathroom
and its freshness, use a few peppermint
votive candles. Lavender or any other
floral-scented candles are ideal for living
room to create a relaxed and pleasant
atmosphere. Always be sure to buy
candles in colors that match or compli-
ment the color scheme of the room.
Bed Linens
Change bed linens from light summer
cottons to warm woolens to stay warm
this season. Even flannel, a variation of
cotton sheets can be considered a more
comfortable alternative. The fluffy nature
of these sheets is great for the couple to
snuggle up and enjoy the shorter days
and chilly evenings.
If you have any other suggestions,
please feel free to drop us a comment.
We will be happy to include it in our fall
makeover tips. Be cool and stay warm!
Fall Colors
When it comes to fall colors, rich red,
orange and ochre rule the chart.
These colors are subtle and refresh
the entire aura of your home. Orange
and red draw inspiration from nature,
whereas ochre/dark brown identify
with hot chocolate and rich coffee
beans, the two most popular drinks of
the season. Accenting orange with
metallic trim or black fixtures gives a
particularly trendy of-the-moment
look. One can also try painting one
wall with dark brown shade and
accentuating it with light brown or gold
color furniture for a luxurious feel.
Warm Up Your Deck or Patio
Gone are the hot, humid days of
summer, it's time to spend comfort-
able evenings outside with your close
ones. Clean up the patio. If need be,
throw in some rugs and extra pillows
to enjoy the pleasant weather. It's also
an ideal time to plan a festive party
with special attention to barbecue. Let
fun, frolic and festivity find a new
address this season.
Fall has arrived, so, get
ready to give your home a
seasonal makeover. While
summer is all about bright
hues and open spaces, fall
calls for cozy corners and
dusky shades. Here are
some tips which will bring
warmth into your home &
make it season friendly.
It's Time for a Fall Makeover
For more such insightful articles,
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