Monthly Archives: May 2010

“Kasa Isles” by Jaypee Greens

Welcome Sunlight
Kasa Isles” is the new project recently launched by Jaypee Greens. This is an anomalous project which has taken inspiration from the Mediterranean style architecture. This project will introduce high rise flats and is located at Sector 129, Jaypee Greens, Wish Town, Noida.

There will be somewhere 2000 apartments in “Kasa Isles”. These flats fill you with delight and make your living worth. These luxurious flats are in the reach of common man and thus have the potential of attracting individuals. Studio apartment, Duplex Penthouses and 2/3/4 BHK apartments in sizes ranging from 550-3100 sqft will be offered in this project.

This project is highly influenced by the Mediterranean style architecture, especially its ambience and landscaping. The green parks guarantee hi-quality lifestyle for its residents with its large range of recreational facilities like central club and with low-height stone fountains. Some more facilities are Italian style swimming pool, sports facilities for Tennis, badminton court, jogging tracks, Card room, Mediterranean cuisine restaurant and many more.

The price list has a BSP of Rs 3390/- per sqft.

The most attractive feature of Kasa Isles is the club it is offering to the residents. In order to give its members a warm welcome, it has soothing interiors created with terra cotta walls blended with stacked stones in the club. A complete home is offered with wide & low windows, arched entrance opening to wide sitting areas, a stone fireplace, and beautiful hardwood floors.

New Project by Jaypee Greens-Kensington Boulevard

Jaypee Greens
, a division of Jaiprakash Associates Limited brings you high-rise flats with cool environment as they launched a new project-‘Jaypee Kensington Boulevard at the Jaypee Greens Wishtown, Noida. All modern amenities such as thematic gardens, symmetric flow of the elevations of the apartment towers and of the residential plots will be offered.

One of the key attractions of Kensington Boulevard is its clubhouse which has shopping areas, swimming pool, sports facilities for outdoors like Squash, Tennis, Skating rinks, Table Tennis , Health Club with well equipped Gym, Sauna etc, enclosed hall for Martial arts / yoga & meditation and many more.

2/3/4 BHK Apartments, Studio flats and 3/4 BHK Duplex Penthouses will be offered. A total of about 2500 flats exist under this project. Exclusive apartment layouts with un-ending views for the residents exhibit the uniqueness of this project. The Price List has BSP @ 3330/sq ft.

Apartments in Demand Again

Aarti Yadav, an IT sector worker adjourned her plan to buy a new home,  is searching  for a 2BHK apartment in Hinjewadi according to her budget. Job security, easy sanction of home loans and other signals of economy being back on track are attracting many others, who were in a wait-and-watch mode, to buy flats, supporting an outburst in realty demand in the city.

Vice-president of Confederation of Real Estate Developers of India (CREDAI), Rohit Gera, Pune, said the commotion in demand had prompted many builders in the city to go for new projects, which they had been avoided during the downturn. “In the last few years, unenthusiasm of builders was noticed to take up new projects. Also, many good and promising projects were on a slow pace. But now, with the market showing positive signs, builders have started to pitch in.” The construction has hiked again.

According to Gera, the realty sector in Pune had begun to catch the increasing pace as observed from October last. “People who had some plans for new homes were waiting as there was an ambiguity in the job scenario and banks were not interested to give home loans. People have started to buy properties with the industry recovering on a hike and the RBI lending support to banks, creating a rush in demand.

Demand has hiked for budget apartments along with the luxury sector. “There is a rise of at least 12-15% in the property.”

Vice-president, Estate Agents Association of Pune, Kishen C Milaney, reported that the builders had started “customising” the apartments. “Previously, developers used to offer spacious 2BHK apartments of above 13,000 sq ft that came with a higher price tag. But now, 900-950 sq ft apartments are offered at a lower price, and they are finding many takers.”

He said the demand for apartments was increasing efficiently. “The demand is not restricted to any particular area, but the city is growing in all areas.”

The overall optimism in all sectors and better job visibility among the salaried class are the reasons for the new-found boom.  An attempt made to increase in prices may decrease the demand.