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Page 3 Realty Reality
Page 4
Project Brief
Page 10-11
Project Progress
Page 2
From Editor’s Desk
Page 1
From CRM’s Desk
Page 14-15
Golden Projects
In this issue
Page 5-9
Project Update
Page 12-13
Golden Times
From CRM’s Desk
- CRM Golden Gate Group
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Golden Gate has been in the industry for close to two decades now. The journey has been full of passion, milestones and long-standing associations. It has been exciting as well as rewarding; rewarding primarily because of our valued clientele.
At Golden Gate, we follow the best practices and deliver the best to our customers. In turn, when we see the slightest sign of satisfaction, we become more inclined towards maintaining highest standards of construction and service. In ‘The GOLDedge’, designed to inform and enchant, you can see a glimpse of how the ‘Golden’ project you put your trust in and we give our best to, has developed during this month. We love to hear from you every now and then since it’s the value of your association that keeps us driven towards meeting all your expectations and going beyond too. So, stay in touch with us and share your opinions or suggestions, as and when you like. We are all ears! Always!
2015, within three months itself, looks very promising for the property market and investments. We can see signs of recovery when compared to last year, especially with a few positive developments that have recently materialized. For the industry, REITs (Real Estate Investment Trust) is expected to become a reality making funding of real estate projects transparent. And to the advantage of people who wish to own their dream homes, RBI cut the interest rates on home loans. A lot of people will now be eligible for loans and easy investments. The biggest development has been the efforts towards implementing ‘Akrama-Sakrama’ scheme in the state of Karnataka, this year. Overall, this initiative should channelize the growth of Bangalore and other cities in the right direction. And since so many interesting developments have happened lately, this scheme has made its way to our cover story under ‘Realty Reality’ this month.
Golden Gate, in spite of fluctuating national markets and swivelling global scenarios, never lost its vision towards quality homes. The Presidential Tower, in this case, stands as the ‘tallest’ paradigm of our commitment towards excellence. It has gained popularity in a very short span of time, thanks to one-of-a-kind class, luxury and style we are housing in each of the apartments in this 50 –level residential tower. Moving from one extreme to another, we launched Golden Ira – a project of premium serviced villa plots in the month of March itself. It’s meant to give a new dimension to affordable housing, making property investment, a reality for an average Indian professional or family. Just like The Presidential Tower and Golden Ira, there are Golden Gate projects that are helping us meet diverse property needs. Flip through their details in the inside pages. Especially read about the developments of the project site, you have invested your heart and future in! And finally, make your way from project progress photographs to a light-hearted fun-filled section. We hope this issue makes for an interesting read! Until we meet again next month with more on realty, Golden Gate and your treasured possession, hasta la vista!
From Editor’s Desk
The GOLDedge is published by
Corporate Communication Division of Golden Gate Group
COMMUNICATION EDITOR: Minoo Dhariwal
CREATIVES: B. S. Shashidhar Raghu
PHOTOGRAPHY: Vikram
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Bangalore has seen a haphazard growth in several pockets with no rules and regulations. This is mainly due to the rampant growth of the IT destinations with no statutory body regulations in place. This leads to “deviations” which means constructing something that does not adhere to what was sanctioned. Regularizing these deviations becomes the need of the hour to benefit the projects that have been sold earlier with irregularities. Nearly nine years after it was piloted, the State government has finally decided to implement the ‘Akrama-Sakrama’ scheme for regularization of unauthorized construction in all urban areas, including Bengaluru, from March 23rd, 2015. Though the State government had issued the final notification under the Karnataka Town and Country Planning Act in June last year, it was kept pending due to a stay order by the Karnataka High Court. The court recently gave the green signal to implement the scheme. Lakhs of owners of houses and commercial buildings now have a ‘one-time opportunity’ to regularize illegal constructions if it has not been challenged in the court again. The scheme will be in force till March 22, 2016. Under the scheme, violations pertaining to setback, floor area ratio (FAR), non-conversion of agricultural land and formation of unauthorized layouts in all 213 urban local bodies will be regularized. Owners of buildings can submit applications to the urban local body by paying prescribed penalty. Violations up to 50 per cent and 25 per cent would be regularized in case of residential and commercial properties, respectively.
All illegal buildings and layouts developed before October 19, 2013, are eligible for regularization. The non-compliance factor could become especially true with layouts and apartments or individual houses where there hasn’t been a BDA/BBMP sanction, with Occupation Certificate not issued. Although the local board panchayats have issued khatas and approved plans for construction, the construction has to be regularized by the present local body. The rates, once regularized, would be corrected to gain a marketable title and a better value to property. Paying a fee (Sakrama) for the violations (Akrama) would certainly be a 30-40% correction depending on the location. As the BBMP will go to polls in May this year, implementing the scheme, particularly in Bengaluru, will earn good revenue to them and the government. The BBMP alone is expected to mobilize Rs. 6,000 crore. A separate fund would be set up in each ULB to park the funds received. As far as the latest developments go, the government has decided to amend the Karnataka Apartment Ownership Act, 1972 and Karnataka Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1972. Both the Acts will be merged into one to impose fine and punishment of imprisonment of officials and builders involved in illegal construction of buildings and layouts.
AKRAMA SAKRAMA AND ITS IMPLICATIONS
Realty Reality
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Project Brief
are the heavenly villas that will embellish your life with beautifully landscaped parks, blissful water bodies and most modern lifestyle amenities. The elegant design and thoroughly detailed planning make these homes, an integrated housing as well as a smart investment avenue. The third phase offers 5 types of beautiful villas, all reflecting the much acclaimed and contemporary elegance outside and thoughtful living spaces inside. Optimally designed 3 and 4 BHK Villas, ranging from 1795 to 4055 sqft, are ensconced in bliss and comforts all around, promising a holistic and truly satisfying life.
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Villa Bluebell
Villa Daffodil
Project Update
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CAMEL[IA EAST – House No. 26-38 View 2
CAMEL[IA EAST - House No. 26-38 View 1
Project Update
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ERICA EAST – House No. 54-61 View 1
AR¦M EAST - House No. 76-89
Project Update
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ERICA EAST – House No. 54-61 View 2
ERICA EAST – House No. 42-45
Project Update
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AR¦M EAST – House No. 103-110
AR¦M WEST – House No. 95-102
Project Update
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LANDSCAPED GARDENS
VILLA NO TYPE FACING BELOW
PLINTH PLINT
H
GF ROOF SLAB
FF ROOF SLAB
TERRA ROOF SLAB
STAIRCASE
BLOCK WORK
GF PLAST
FF PLAST
EXT PLAST
W proof
Plumbing &
Sanitary
FLOORING
Toilet - DADO
Painting - Int
Painting - Ext
CP Fixture
s
Ext Work REMARKS
2 A South East
3 A South West
Compl Compl Compl WIP
7 D East 26 C East WIP 27 C East WIP 28 C East WIP 31 C East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl 32 C East Compl Compl Compl Compl Compl 33 C East Compl Compl Compl Compl Compl WIP 34 C East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl 36 C East Compl Compl Compl Compl Compl Compl Compl WIP 37 C East Compl Compl WIP 38 C East Compl Compl Compl Compl Compl Compl Compl WIP WIP 39 E West WIP 40 E West Compl WIP 41 E West Compl WIP 42 E East Compl Compl Compl Compl Compl Compl 43 E East Compl Compl Compl Compl Compl 44 E East Compl Compl Compl Compl WIP 45 E East Compl Compl Compl Compl Compl 46 E West WIP 47 E West WIP 48 E West WIP 49 E West Compl Compl WIP 50 E West Compl Compl 51 E West Compl Compl 52 E West Compl Compl 53 E West Compl Compl 54 E East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl 55 E East Compl Compl Compl Compl Compl Compl WIP 56 E East Compl Compl Compl Compl Compl Compl WIP 57 E East Compl Compl Compl 58 E East Compl Compl Compl Compl Compl Compl WIP
Project Progress
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VILLA NO TYPE FACING BELOW
PLINTH PLINT
H
GF ROOF SLAB
FF ROOF SLAB
TERRA ROOF SLAB
STAIRCASE
BLOCK WORK
GF PLAST
FF PLAST
EXT PLAST
W proof
Plumbing &
Sanitary
FLOORING
Toilet - DADO
Painting - Int
Painting - Ext
CP Fixture
s
Ext Work REMARKS
59 E East Compl Compl Compl Compl Compl Compl WIP 60 E East Compl Compl Compl Compl Compl Compl WIP 61 E East Compl Compl Compl 74 A West WIP 77 A East Compl Compl Compl Compl Compl 78 A East Compl Compl Compl Compl Compl Compl WIP 79 A East Compl Compl Compl Compl Compl 80 A East Compl Compl Compl Compl Compl WIP WIP 81 A East Compl Compl Compl Compl Compl WIP WIP 82 A East Compl Compl 15-Oct Compl Compl Compl Compl WIP Compl 83 A East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl 84 A East Compl Compl Compl Compl Compl WIP Compl WIP Compl Compl 85 A East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl 86 A East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl 87 A East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl 88 A East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl Completed 89 A East Compl Compl Compl Compl Compl Compl Compl Compl Compl Compl 97 A West WIP 98 A West Compl Compl WIP 99 A West Compl Compl Compl
100 A West WIP 101 A West Compl Compl Compl Compl Compl 102 A West Compl Compl Compl Compl Compl 103 A East Compl Compl Compl WIP 104 A East Compl Compl Compl Compl Compl 105 A East Compl Compl Compl Compl Compl 106 A East Compl Compl Compl Compl Compl WIP 108 A East Compl Compl WIP 109 A East WIP 117 A West WIP 118 A East WIP 136 A East WIP 146 A East WIP 66 TOTAL 64 49 43 36 22 34 22 12 13 11 1 1 1 1 1 1 1 1
Project Progress
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Golden Times
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GOLDEN GATE PROJECT LAUNCH Golden Ira Bhoomi Pooja Ceremony on March 8th 2015
GOLDEN GATE RECOGNITION At ABP Real Estate Awards 2015, Hanging Gardens won Environment Friendly Project of the Year Award Presidential Tower was awarded as the Luxury Project of the Year
See a glimpse of the ‘golden’ moments & great experiences we had during this month
Golden Times
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GOLDEN GATE EVENTS & ACTIVITIES Participation at PERFECT HOMES Expo 2015
Participation at THE HINDU Budget Homes Expo 2015
Participation at 27th KSCAA Annual Conference 2015 (March 7th – 8th, 2015)
Golden Projects
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GOLDEN PANORAMA (SOUTH BANGALORE) KANAKAPURA ROAD
Golden Panorama, true to its name, offers uninterrupted, panoramic views of the scenic, undulating terrain spread across 5 acres of land. With the size ranging from 1210 to 3360 sqft, these are 335 units of 2, 2½ & 3 & 4 BHK luxurious apartments and penthouses that are perfectly located just off Kanakpura Road. A great value for money and a greater home to make your life, picture perfect, Golden Panorama is for everyone who is looking for an eco-friendly luxuriant living.
E-Brochure | Amenities | Plans | Specifications | Price Sheet | Direction
HANGING GARDENS (NORTH BANGALORE)
OPP MANAYATA TECH PARK, HEBBAL Motivated by one of the Seven Wonders of the World, this is a glorious and an artful tribute to a rich past and a prosperous future. These are fully air-conditioned signature apartments blessed with private Sundecks to create an environment-friendly, residential paradise that provides luxury with a conscience. Enticing outer spaces with an exclusive 11,000 sqft club house and temperature-controlled pool, clubbed with enchanting interiors and irresistible private gardens, Hanging Gardens is a pure extravagance.
E-Brochure | Specifications | Project Overview | Master Plan | Amenities | Price List
THE PRESIDENTIAL TOWER (NORTH BANGALORE)
YESWANTHPUR Bangalore’s tallest 50 level residential tower has exceptionally well-designed 3 and 4 bedroom apartments for the accomplished and the discerning. The exclusive 4 and 5 bedroom duplex Sky Villas on the top four floors offer breathtaking views of the city. There is a Skypark on the terrace with an infinity pool, a fitness center and an envious list of lifestyle amenities. Located at the heart of a power hub and luxury destinations with Taj Vivanta, Sheraton Hotel, World Trade Center and the ever-famous Orion Mall in close proximity, Presidential Tower is an unrivalled sublime expression of class and luxury.
Specifications | Plans | Skypark | Location | Amenities | Club House | E-Brochure |Price List
Golden Projects
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ORCHIDS (NORTH BANGALORE) THANNISANDRA ROAD, BEHIND
MANYATA TECH PARK Launched in 2013, Orchids is a spacious, luxurious, visually appealing, IGBC GOLD rated green residential apartment complex, meant for inclusive living. With 167 luxury 2 / 3 / 4 BHK apartments and penthouses having a design that flows from 'outside' into the 'lively and vibrant apartments and common spaces‘ inside, Orchids is a tribute to the yearnings of a tired and isolated city soul. E-Brochure | Price Sheet | Specifications | Features
| Amenities | Plans
THE COMMUNE (SOUTH BANGALORE) CHANDAPUR ANEKAL ROAD
The Commune is just the sort of luxury a first-time buyer would have dreamt of. It is a self-sufficient, sustainable community spread in more than 5.35 acres with a range of designer yet affordable 1, 2 and 3 BHK homes . It is just 10 minute drive from the Electronic City and well connected to the City via the elevated expressway as well as NICE Corridor.
Price Sheet | Specifications | Elevation | Plans
GOLDEN IRA (NORTH BANGALORE) DODDABALLAPUR ROAD
A 48 acres Premium Serviced Villa Plotted Development, Golden Ira is meant to offer you not just a piece of land, but a piece of paradise! Having an eco-friendly self-sustainable design, its uniqueness lies in the classic, ethnic architecture blended perfectly with modern amenities. Owing to the fast-paced development in the region, Golden Ira is sure to multiply your joy today and be a great investment for tomorrow.
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GOLDEN GATE GROUP Golden House, #820, 80 Feet Road, 8th Block, Koramangala, Bangalore - 560 022, Karnataka, INDIA. www.ggproperties.com | www.thegoldenhomes.in
For CRM related queries/suggestions, call 88802 22777 extn-3 / +91 96866 99470 / [email protected] For feedback / suggestions, write to us at [email protected] For project related enquiries, reach us at 080-6791 5627 or [email protected]
