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Kumari Amaranthine on its way to achieving IGBC Platinum certification

The project is one among the 17 in Karnataka with a Platinum pre-certification Bengaluru, July 25, 2017: In pursuit of its green mission, Kumari Builders and Developers is working towards obtaining 'Platinum' certification for its Kumari Amaranthine project in Bengaluru's Bellandur area. The certification is in compliance with the Green Homes Rating System issued by the Indian Green Building Coun

Staycity Goes Wilde With Launch Of Design-Led Brand

New Delhi, July 24, 2017:Stay city, one of Europe's leading apart hotel operators, has this week announced details of its new premium brand -Wilde part hotels by Stay city. With the name inspired by Irish 19th century playwright Oscar Wilde to emphasise its Irish provenance, the concept will be rolled out across gateway city centre locations throughout Europe. The first will open this Autumn on Lo

Choose Genuine Packers and Movers By Mr. Rahul Pillai, CEO, Interem Relocations

New Delhi, July 24, 2017: Anxiety and excitement are inevitable when it comes to relocating from one place to another, one city to another or one country to another. It's really stressful for the individual or family when it comes to packing and moving of their invaluable assets It's not just about moving these personal effects, it's about relocating with items which have a lot of emotions attache

New Gurgaon Riding High on Infrastructural Advancements

New Delhi, July 24, 2017 : Catalysed by the availability of affordable homes, superior connectivity, great advancements in infrastructural developments and what all has been planned in terms of future growth prospects; New Gurgaon has off late emerged as a spirited residential and commercial hub in the National Capital Region. New Gurgaon has been immaculately planned and it's two main clusters in

Mulk Holdings, a $2bn UAE based conglomerate invests 100 crores in Mirage Ceramics.

New Delhi, July 24, 2017: UAE-based conglomerate Mulk Holdings has invested Rs 100 crore to pick 50% stake in Mumbai-based Mirage Ceramics. The Indian Ceramic Tiles industry does a humongous business of about INR 25,000cr per anum. With the support of a handful of respected brands, powering a large chunk of this business, and numerous upcoming ones, the ceramic tiles sector is one of the most dyna

Indian real estate reeling with the teething issues of RERA implementation

RERA regulators and industry experts feel the country needs a mindset change Noida, July 24, 2017 : Dispelling the misperception around the implementation of RERA in India, Magic bricks, India's No.1 property site, recently organized a panel discussion to unravel the future of real-estate with RERA. The panel was attended by government representatives, leading developers and consumers including A

Brigade wins two Awards at CREDAI Karnataka’s CARE Awards 2017.

Bangalore, July 23, 2017 : Brigade Enterprises Ltd won two awards at the CREDAI Karnataka’s CARE Awards 2017 held on 1st July 2017 at Hotel Lalit Ashok, Bengaluru. Brigade Palmgrove, Mysuru won the award in the Villas & Row Houses category while Orion East Mall, Bengaluru won in the Shopping Malls category. According to Mr. M.R. Jaishankar, Chairman & Managing Director, Brigade Enterpr

Manish Jaiswal joins Magma Housing as new MD & CEO

Mumbai, July 23, 2017: Manish Jaiswal has joined Magma Housing Finance as its new chief executive officer following the departure of its previous CEO Sachin Khandelwal. Jaiswal, a BFSI veteran, will also be in additional charge of Magma's SME Business, company release said He was also a member of RBI's Usha Thorat's committee on revitalization of distressed assets which introduced the concept of

VitrA Introduces Geometric and pure design for authentic pleasure – "FRAME"

New Delhi, July 22, 2017: VitrA, the leading bathroom solutions brand of Eczacıbaşı Building Products Division in Turkey introduces a blend of authentic and modern design with the finest technology and functionality – 'FRAME COLLECTION'. This series of VitrA showcases uniquely designed products that create an unusual bathroom experience for its users Frame Collection by VitrA offers black, wh

Avijit Mishra joins Vestian Global as Assistant Vice President – Investment & Consultancy Services.

Bangalore, July 23, 2017: Avijit Mishra joins Vestian Global as Assistant Vice President – Investment & Consultancy Services . In this role, he would be heading the unit and will be based out of Bangalore. He will be responsible for real estate investment management and advisory services across the Indian peninsula . Speaking on the occasion, Mr. Shrinivas Rao, CEO-APAC, Vestian said, "Avi

Diana Hayden to be the Face of Real Estate Project Estilo Patio in Goa

Mumbai, July 23, 2017: Estilo Patio in association with Mini Homes have signed former Miss World Diana Hayden as the brand ambassador and face of their high end luxury brand. It is important for any brand to be able to bring on board the perfect brand ambassador for their product who will be able to connect their individuality with the brand and eventually attract customers. One such perfect

Godrej Properties adds a new project in Gurgaon

The Mumbai-based real estate developer will develop a residential project in Sector 106, Gurgaon New Delhi, July 23, 2017: Godrej Properties Limited (GPL) (BSE scrip id: GODREJPRP), one of India's leading real estate developers, today announced that it has acquired a land parcel measuring approximately 14.8 acres in Sector 106, Gurgaon. Godrej Properties plans to develop a high-end residential h

Shankar Sastri and Ashish Puravankara Take Over as President of CREDAI-Karnataka and CREDAI-Bengaluru Respectively for 2017-19

Bangalore, July 23, 2017: At the recently concluded Annual General Body Meeting of the Confederation of Real Estate Developers Association of India (CREDAI) Karnataka, the new Executive Committee members for CREDAI-Karnataka and CREDAI-Bengaluru were sworn in. Mr. Shankar Sastri takes over the reins as President CREDAI-Karnataka and Mr. Ashish Puravankara takes over the mantle of President CREDAI

Amaravati To Be 'Happy City', One Of The Most Livable: Chandrababu Naidu

The state government has already got on board top global consultants from the UK, the US, Japan, the Netherlands, Singapore and other nations to offer a development roadmap for Amaravati. Amaravati, July 20, 2017: Nestled on the banks of Krishna, Amaravati would be a "happy city", one of the most livable in the world where for the state, people's happiness index would be paramount, envisions Andh

Smt. Smriti Zubin Irani assumes additional charge of Ministry of I&B

New Delhi, July 20, 2017: Smt. Smriti Zubin Irani, Minister for Textiles assumed additional charge as Minister for Information & Broadcasting here today. Minister of State for Information and Broadcasting Col. Rajyavardhan Rathore, Secretary (I&B) Shri N.K. Sinha, CEO Prasar Bharati Shri Shashi Shekhar Vempati and senior officers of the Ministry were also present on the occasion.

GST - One of the longest awaited tax reforms by Rakesh Reddy, Director, Aparna Constructions & Estates Pvt Ltd.

Bengaluru, July 19, 2017: One of the longest awaited tax reforms, GST, is slated to come into effect from 1st July 2017. This will subsume a whole host of indirect taxes such as excise duty, VAT/CST, service tax etc. The GST council has brought real estate under the GST ambit partially through the works contract and will be taxed at 12% under GST. Currently, the end user or home buyer pays taxes a

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An interview with Neha Hiranandani, Director, House of Hiranandani

1) Do tell us about the House of Hiranandani?

House of Hiranandani (HoH) is a leading business conglomerate and pioneer of destination projects in India. HoH’s USP is in creating well planned communities across segments and needs that are productive. Hence it has segmented its products into 3 distinct categories of residential projects-the ultra-premium Signature range, the Upscale range and the mid-market Urbania range. Under its umbrella it has schools, entertainment, hospitality and healthcare.

2) Can you dwell on the current projects and those in the pipeline at HoH?

In Chennai, we are focusing on the city’s first integrated, large scale community, a 110 acre mixed-use development at OMR Chennai. It’s an ambitious mixed-use development community, which will be developed in subsequent Phases. We already have about 200 happy families residing in the community. Our school within the community is functional, and we will be shortly launching our retail and entertainment verticals.

 

In Bangalore we are coming up with spacious apartments in Bannerghatta and an integrated community of architecturally exquisite villas, cottages and apartments in Devanahalli. The third landmark destination in Bangalore is at Hebbal, with spacious residential apartments.

Talking about future plans, we intend to launch our first redevelopment project in Chembur, a Mumbai suburb, this year, involving a mid-sized housing society. The renewed aggression on development reflects HoH’s new optimism in the Indian real estate sector which is expected to witness a revival this year.  We will also be launching our flagship Urbania project in Chennai shortly.

HOH has already identified projects in Hyderabad and will be launching soon. The main focus in these cities will be on residential developments. Also in the pipeline is our next destination Delhi-NCR, where we hope to start residential projects, besides looking at expanding our footprints to satellite cities such as Pune.

3) Are there any unique demands you have met in your quest to build community residences?

Certainly. The aim and mission of the organisation continues to be to create communities that contribute to the larger needs of city planning and urbanisation, adding value and wealth to the nation.

House of Hiranandani Community, Egattur OMR

4) How have you kept pace with technology in your construction practices?

We have consolidated our position by being at the forefront of value engineering and design. At HoH you can witness incorporation of new innovations such as Fiber to the Home Technology (FTTH) which was used for the first time in India at our OMR, Chennai Community development. This technology refers to a broadband telecommunications system based on fibre optic cables and associated optical electronics for delivery of multiple advanced services such as telephone, broadband, Internet and television. Fibre optic cables ensures really fast Internet speeds supporting next generation services like IPTV, video on demand and home automation that creates homes and communities which are smarter and future proof. Following a stupendous response from our customers in Chennai, we plan to offer FTTH technology across all our projects in India.

5) What are your Eco-friendly initiatives?

Recognising the significance of green building practices for a sustainable community, HoH is amongst the pioneers in adopting environment friendly solutions in India. We introduced recycling of sewage water in all communities way back in 1980s when terms like reduce, reuse and recycle were still new. Usage of vermin-composting, maximization of waste recycling, prevention of soil erosion, water conservation through use of superior irrigation techniques (resulting in reduction of water consumption by nearly 30%), rain water harvesting and adoption of eco-friendly techniques for developing our green spaces has ensured environment sustainability at all our locations.

OMR Chennai Property

6) Please speak to us about the person behind the Hiranandani Group?

Mr. Surendra Hiranandani is the Founder and Managing Director of HoH and the Hiranandani Group of Companies. The Hiranandani brothers, co-founders of one of India’s largest privately held real estate companies, are separately eyeing new opportunities for growth, seeking to venture into new business segments or untapped geographies. Mr. Surendra is the powerhouse and the centre for the engineering and architectural initiatives at the company, thus contributing to the outstanding reputation for quality and innovation here. He is recognized for his contribution and foresight in transforming many a barren land into some of India’s leading property development destinations.

7) Neha, it would be nice to hear about you?

I am the eldest daughter of Mr. Surendra Hiranandani. Equipped with my father’s values and visions, I am well positioned to carryforward the legacy of the family and strong professional background has really helped me. My major contribution at HoH is the formation, nurturing and elevation of ‘House of Hiranandani’ as a distinctive brand with its own identity and geographies. While I am learning from my father about the planning, architectural and construction spectrum, I closely look into Legal, Finance and Marketing divisions of the company.  My father ingrained in me a value system leading to transparency and creditability whether it is setting up land acquisitions or approval systems.

Thus I have synergized the organizational chart creating strong core and regional teams in Bengaluru, Chennai, Hyderabad and Mumbai. Our goal is not to be the biggest, but the best. For this endeavour we continue to be dynamic, absorbing raw ideas and preferences as we expand through the country.

Looks like Neha is destined to scale new heights in the corporate world very soon. We wish her the very best.

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