Bharath

Friday, August 3, 2018

A Best Buy for Real Estate Investors at Urapakkam - Mahalakshmi Nagar by Sky Home Enterprises

A Best Buy for Real Estate Investors at Urapakkam - Mahalakshmi Nagar by Sky Home Enterprises

About the Promoter:

Sky Home Enterprises is strong in the selling of plots for more than a decade. They have proved their presence in the south Chennai and created their own specialism in selling. Their projects are available from Pallavaram to Vikkaravandi. They have completed almost 88 projects in the last 10 years. Their rate quote is always lesser than the adjacent competing sellers in the nearby areas. This phenomenal strategy has driven their sales to happen in a short period. The Managing Director of the company is Mr R.Srinivasan.

About the Project:

The purchase option for vacant land is not easy within the city nowadays. The main reason is that most of the places are built. If there are resale cases of independent houses, then the pricing is high for the buyers. They have to buy the old house and demolish it to construct a new one.

Today we will discuss regarding the project “Mahalakshmi Nagar” launched by Sky Home enterprises.

The project is located at 3.5 kilometres from the Urapakkam railway station.

The total land extent of the project is around 3.5 acres. The site is divided into individual land parcels of varying sizes like 1000 sq.ft, 1025 sq.ft, 1050 sq.ft, 1100 sq.ft, 1237 sq.ft, 1310 sq.ft, ....2850 sq.ft.

The site is provided with local streets within the periphery for access to each and every plot.

The sale registration process is done by the promoter. The project is approved by many private sector banks like ICICI, DHFL, Axis Bank, SBI, PNB,etc.,

The Promoters are excited about the proposed CMBT bus terminus at Urapakkam. If the Bus terminus project gets completed, then the people who commute from outstation are going to enter and exit at Urapakkam. This shall create a space for them to search residential properties in and around Urapakkam.

As the competing developers in and around Urapakkam have a higher pricing range, this project has a good sales volume. The Project is located in a vital place from where you can get connected to other vital locations like Padappai, Sriperumbudur, Tambaram, Maraimalai Nagar, Singaperumal Kovil, etc.,

The Saleability rate can be perceived as 70% of 3.5 acres sold out within 3 months.

From Perungalathur we have the Chennai Bypass road and the vehicles which still don’t want to use the Chennai bypass can manoeuvre through the Chennai Outer Ring Road. The Outer Ring road’s availability diverts all the truck traffic which is moving from South to North and prevents them from entering the city premises.

Hence, if the proposed CMBT terminus is executed, then the bus traffic shall stop at Urapakkam and return from there itself. Whereas the truck traffic is to take the outer ring road. This shall reduce the inner traffic volume from Vandalur to Tambaram and also from Perungalathur to Koyambedu.

Thus people will make way to find residential properties in and around the circumference of Urapakkam.

So, this project can get considered as a valuable asset to the buyers and resale value in the forthcoming years shall be high with respect to the future developments.

The present market price quoted by the promoter is Rs.1950/- per sq.ft.

Nearby Schools are

1.Sankara Vidyalaya CBSE School

2. Velammal CBSE School

3. Peri International School

4. Holi Sai CBSE School

5. Shree Niketan Padasala CBSE School

6. Alwin International School

And the nearby colleges are

1. Crescent Engineering College

2. SRM University

3. Sri Sairam Engineering College

4. Valliammmai Engineering College

5. VIT University

6. Tagore Engineering College

7. Dhanalakshmi Engineering College

For Sale Enquiries:

Contact : 7358497109

7010277743

Article dated : 03-08-2018

---An Article by Bharath Dhanasekaran---

Tuesday, July 31, 2018

A Myth burster for Real Estate Buyers - Analytical views over Purchase of a Property with respect to Road Widening Possiblities

The Past Karma in Major Highway widening projects:

Whenever we buy a property abutting a highway or a prime road, there is a fear that if the road widening happens, a portion of our land shall be taken by the government. Though the settlement is provided at the guideline value, we might have bought it at the market value. One more phenomenon is that the settlement funds take a long time to reach the property owner like in terms of 3 to 4 years (In some major highway widening projects, even the process takes even more time). Whereas, if the same land has been in a zone far away from the highway vicinity, then the customer is able to sell it easily. Hence, there are many people affected by this kind of projects(like, losing their lands for a lower value, and in some cases even for nothing). We can say that these are the accumulated past karma between the Real estate people and the Highway people.

A Created Myth:

Whenever a strong Karma (Action) happens, at that point of time, some people see the true light and some people see the same in a haphazard manner. Those who see this past karma in a haphazard manner are the people who create myths in the market. Today we will take a commonly observed myth in the real estate field.

1. "Road widening is going to happen in your area. Your entire property may get affected - Sell your land and run away...!!!"

2. "Road widening shall affect your property in a partial manner - can't you reduce the rate...???"

So I am going to burst these two myths from the point of view of a Highway/Traffic Engineer in this article so that, a buyer can own his property in a bold manner even if some local people create fake news about road widening. At the same time, he can claim a right value for his property by analysing the truth.

Roads other than expressways are termed into four Types.

They are: (i) Arterial (ii) Sub-arterial (iii) Collector Street (iv) Local Street

Arterial: A general name indicating the road primarily for through traffic (long distance travelling vehicles contributing to traffic volume), generally on a continuous road.

(ii) Sub-arterial :

A general Name Indicating the road mainly for through traffic usually on a continuous route but giving a somewhat lower level of traffic mobility than the arterial.

(iii) Collector Street: A road for collecting and distributing the vehicle volume from and to local roads and also for providing access to arterial roads.

(iv) Local Street: A street primarily for access to the residence, business or other abutting property.

So, Now we can see that which of the above three roads have a possibility of widening to the most.

Arterial - yes, it can be widened. But there is a certain time interval for one widening to the second. That means, from two laning to four laning the time period shall be in more number of years, with respect to the traffic growth.

Sub- Arterial: Comparatively less possibility with that of an Arterial road.

Collector street - These roads are of standard sizes, built within the cities. Hence possibilities are less and cannot be done without any proper notice and a valid requirement.

Local Street - as the name itself says that it is a local street, there are no possibilities for a road widening in a local street. If it is happening, there may be some valid requirement.

So, If your property is in a collector street or in a local street - Don't worry if some people create a fake news about road widening. They are proposing to do some initiation for a sale or rate reduction of the property. If you wait, then the myths will get busted in an automatic manner.

I can give you some practical example of roads in and around Chennai for the above classification

Arterial road - NH -32 - Chennai - Theni Highway

Sub-Arterial Road - SH - 58 - Chengalpattu to Kanchipuram

Collector Street - Cathedral Road - Chennai

Local Street - Canal Bank Road

Now - we can analyse

when was NH-32 last widened? When can the next schedule happen for NH-32 to get widened?

When was SH - 58 last widened? When can the next schedule happen for it to get widened?

When was Cathedral Road laid? and can there be any widening possibility to acquire land on both sides?

When can a Canal Bank road get widened?

Please try to find answers with the local bodies by yourself - then you will get a clarity on the actual phenomenon.

Hence, if there is a news of Road widening - then it should be from authorized sources, else don't believe it.

Article dated: 31/07/2018

---An Article by Bharath Dhanasekaran ---

Monday, July 30, 2018

Dharana and Pratyahara - A Chapter from "A Disciple and Discipline"

Hai Friends,

Today I would like to share a sample chapter from my novel " A Disciple and Discipline"

Chapter 25

Dharana and Pratyahara

Date: 1st May 1952

Place: Periya Puliyur Forest

The fourth day of the program had practice sessions only. Throughout the sessions, the students were doing practices given to them. At evening 5 O clock, Master Krishna Guru came for his session.

Master started to speak, “The field of mind has all the knowledge"

Master added, “But two qualities which are Rajas and Tamas are hiding the knowledge”

Master added, “The practice of pranayama will open the path to the knowledge”

A person asked, “What are Rajas and Tamas?”

Master said, “Rajas is the quality which gets related to movement and action”

Master added, ”Tamas relates to condition of dull and ignorant state”

Master continued, “when these two qualities are hiding your mind"

Master continued," knowledge which is already there cannot come out”

Master continued, “Hence a pranayama clears the screen”

Master continued, “It creates a way”

Master said, “When the screen gets cleared, the mind gets prepared for the process of Dharana”

Vijayan asked, “Could you explain something about Dharana?”

Master said, “It is the power to concentrate the mind on a single object”

Master added, “The object can be anything in this world”

Master asked, “When did India get independence?”

Vijayan said, “15th August 1947”

Master asked, “How did you know?”

Vijayan said, “We have newspapers and radio for news transfer”

Master said, “Yes, the transfer of news”

Master said, “there are 25 number of articles in a newspaper"

Master said, “your mind focuses on India's independence”

Master added, “It sees the object which is important for it at that point of time”

Master said, “Dharana is concentration of the mind on any object”

Master continued, “it accepts the object’s form and shape as it is”

Master continued, “The mind many times even takes the form of the objects which it sees”

Master continued, “due to this continuous process, the mind takes various forms”

Vijayan asked, “Won’t the mind be restless at that stage?”

Master said, “Yes, it will”

Master added, “The stoppage of the mind from taking various forms will be our process”

Master said, “If it gets stopped, then mind goes to silence”

Master said, “This state is Pratyahara”

Nethran asked, “What is the use of Pratyahara?”

Nethran added, “I mean, why we need to do it?”

Master said, “If your mind is not listening to you, then you will get into unnecessary trouble”

Master said, “Pratyahara is the state”

Master added, “Where, you are able to control your mind, body and all your sense organs together”

Master said, “In this case, no external forces can influence your actions”

Master kept quiet for two minutes. He showed a namaskaram posture to the disciples. They understood that it was the end of his session for that day. He got up and walked away in a quiet manner. The day ended with a prayer song. Everybody went to their stay area after the song.

The disciples had a different kind of thoughts and expressions over the day. Nethran and team also had a vibrant feel on the concepts which master told on that day. The awakening was happening in them day by day.

They were not as innocent as they were on the previous week.

Within 4 days, they have changed a lot.

For Further Read.....

A Disciple and Discipline