Personal Finance

Emerald Court from Acron, Goa

OUR CHENNAI BUREAU | Updated on August 30, 2011 Published on August 20, 2011

Acron, a Goa-based developer, has opened bookings for a ready-to-move-in residential complex.

Located at Nagoa, Arpora, a five-minute drive from the famous Calangute and Baga beaches, homeowners at Emerald Court enjoy both the flavour and ambience of the natural Goan setting and the excitement of the coastal belt.

The colourful Saturday night bazaar, the popular traditional Friday market and the night clubs and lounges are conveniently accessed.

Apartments at Emerald Court are available at an introductory price of Rs 4,400 per square foot with easy payment plans. The buyers save 2.5 per cent service tax because the homes are sold after completion. Emerald Court is a high-end development complex comprising of 55 apartments, of studio, one-, and 2-BHK units with modern amenities.

An advantage of investing at Emerald Court is that the property can be rented out, all year round, especially during the peak tourist season, from October to February. One can select a fully-furnished apartment option. This includes furniture for the drawing room area, bedroom furniture and dining table with chairs.

The kitchen includes a granite counter, cupboards and gadgets like refrigerator, microwave and cooking range, including crockery, cutlery and utensils too. Additionally an LCD, split air-conditioner and a washing machine can be installed too. Acron Developers have developed quality residential complexes in Goa, and are constructing homes in Mumbai, Pune and Bengaluru. Acron has created some of the finest five-star properties in Goa and Mumbai, managed by well-established national and international hotel chains. Amongst their ever-increasing portfolio of construction, they are building a 160-room star hotel in Navi Mumbai.

Syndhomes for Bangalore bankers

The Bangalore-based Century Real Estate has launched Century Syndhomes, a residential project exclusively for the employees of Syndicate Bank.

This project, comprising of 2-, and 3-BHK homes, is coming up at Yelahanka, en route to the Bengaluru International Airport.

Pre-approved by Syndicate Bank, Century Syndhomes offers a host of amenities such as landscaped gardens, club house with gymnasium, indoor games, health club, outdoor party area and a children's play area. The ground breaking for the project was held on August 11, with the foundation stone laid by Mr Ravi Chatterjee, Executive Director, Syndicate Bank.

Dr P. Dayananda Pai, Founder, Century Real Estate said, “We are extremely happy to be associated with Syndicate Bank in providing quality living spaces to its employees at an unbeatable price. We have already received a tremendous response to this project. We are very confident of surpassing all expectations of Syndicate Bank employees.”

This unique project will be constructed at a total cost of Rs 52 crore and is expected to be completed in 24 months.

Key to building green movement

Developing new products, systems and novel applications of existing material are essential to expanding the concept of green buildings, according to Mr C. N. Raghavendran, chairman, Confederation of Indian Industry-Indian Green Building Council, Chennai chapter, and partner, C. R. Narayana Rao Architects. A press release from the Confederation of Indian Industry, which organised the event, quoting Mr. Raghavendran, said research into better application of rapidly reusable materials, like bamboo in construction, is one such new line that has to be explored. “Research on how to use it differently, like laminated bamboo, will lead to the development of sustainable products from renewable and home-grown materials,” he said.

Though significant achievements have been made in the green building movement, much more had to be done to face the emerging challenges of greater urbanisation, he said.

The proposed industrial corridors along Mumbai-Delhi, Mumbai-Pune and Chennai-Bangalore and the new townships and industrial complexes will put pressure on natural resources. The green building movement has a challenging role in the years to come.

Dr K Karthikeyan, Joint Chief Environmental Engineer, Tamil Nadu Pollution Control Board, said the answer to many of the major environmental challenges such as waste management, reduced use of water and energy can be found in the green building concept. The Tamil Nadu government's programme of centralised processing of solid waste generated daily in the city is a challenge. This could be addressed by segregating waste at the source.

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