Emaar MGF's Project GOMTI GREENS - Another Contribution in Lucknow's Real Estate Development

Tuesday, April 1, 2014

Lucknow, the historical city with multicultural touch ups, courtly manners, beautiful gardens, poetry, music, and fine cuisine patronized by the Nawabs, has made a drastic change in its development today with the rise of real estate property."

Lucknow, the historical city with multicultural touch ups, courtly manners, beautiful gardens, poetry, music, and fine cuisine patronized by the Nawabs, has made a drastic change in its development today with the rise of real estate property.

In the event of its rapid progress, the name behind this goes to Shravan Gupta, the Executive Vice Chairman & Managing Director of Emaar MGF Land Limited (EVC and MD Shravan Gupta Emaar MGF).

Lucknow, also called as 'The Constantinople of India' has become a vibrant city that is witnessing an economic boom and is among the top ten fastest growing non-major-metropolitan cities of India and is often compared to Delhi and Mumbai.

Shravan Gupta, the name for Emaar MGF (EVC and MD Shravan Gupta Emaar MGF) has already served for more than 15 years with his experience in the real estate and financial services sectors. And, today, he is leading with "GOMTI GREENS" project for environment friendly design and construction of residential and commercial properties. Very few of the builders are concerned with the environment, this is where he has created a different position providing one of the biggest contributions to the real estate sector - by stressing the importance of creating environment friendly communities where residents can coexist with nature and live fulfilling lives.

Ashish Jerath, VP (Sales) of Emaar MGF, as spoken in an interview with Property Plus said, "Lucknow is the Political Administrative capital due to which it has been able to benefit with a good turn around in the real estate dealings. There are basically two cities in Uttar Pradesh that are given values - Noida and Lucknow. Also, that because of what it is now, most of the politicians and businessmen have come and settled here. This is also one of the reasons for reluctant increase in price and pride of the city - Lucknow."

"With the eye of the politicians in this particular city, there has been greater development in the real estate business. A large number of housing companies are emerging and Emaar MGF has been the one forward with its high-end residential and commercial properties."

Without forgetting to mention, Burj Khalifa in Dubai, is one of the iconic creations of Emaar. This company has already dreamed for the horizon with its innovations and has further plans for more architecturally aesthetic structures in India.

While understanding the hectic and stress-filled lifestyles of urban centers in the country, Emaar MGF and Shravan Gupta have established a series of path-breaking residential complexes in the country. All the complexes built by the company are based on the philosophy of incorporating nature into modern lifestyles to create balance and harmony.

It has been possible only with the belief and continuous effort of Mr. Shravan Gupta that modern living can coexist with an appreciation of nature. Incorporating this, all the projects of Emaar MGF are designed keeping in view the needs of the local environment and the requirements of a healthy lifestyle and this is exactly what GOMTI GREENS is all about.

Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC ("Emaar") of Dubai and MGF Development Limited ("MGF") of India (EVC and MD Shravan Gupta Emaar MGF). Emaar is one of the world's leading real estate companies, having developed approximately 89 million square feet of real estate across residential, commercial and other business segments and with operations in 14 countries. MGF has established itself as one of the key players in retail real estate development in Northern India and has delivered approximately 2 million square feet of retail space.

The Company commenced operations in India in February 2005 and is into real estate development with a pan-India presence and operations spanning all key segments of the Indian real estate industry, namely the residential, commercial, retail and hospitality sectors. The Company's operations encompass various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing and execution. At present, its focus is on the development of residential projects in Delhi and elsewhere in the NCR, Mohali, Hyderabad, Chennai and other key Indian cities.
 
Read More about: Emaar MGF, (EVC and MD Shravan Gupta Emaar MGF), 

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Modi would enjoy diplomatic immunity if he becomes PM: US report

A US congressional report says that visa ban on Narendra Modi will automatically be lifted if becomes the Prime Minister.

WASHINGTON: The nine-year US visa ban on Narendra Modi will automatically be lifted and he would enjoy diplomatic immunity if he becomes the prime minister, a Congressional report said on Monday.

"Modi is widely considered to be one of the front-runners as prime ministerial candidate of his Bharatiya Janata Party.

 

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If Narendra Modi were to become Prime 

Minister of India, he would automatically be eligible for an A-1 (diplomatic) visa as head of state, regardless of the purpose of his visit," the Congressional Research Service (CRS) said in its communication to US lawmakers.

In 2005, the US had denied visa to Modi in the wake of the 2002 Gujarat riots and has since not revoked its decision.

The seven-page report 'Visa Policy: the case of Narendra Modi' was prepared by the CRS — an independent and bipartisan wing of the US Congress — at the request of several lawmakers who have been opposed to a US visa to Modi.

The views and reports of the CRS are meant to keep the lawmakers informed and is non-binding either on the Congress or the US Government.

Led Congressmen Republican Joe Pitts and Democrat Keith Ellison lawmaker had asked a set of five questions on the prospects of US granting a visa to Modi if he is elected as the Prime Minister of India.

The lawmakers had asked 'What is the process for approval of a US visa if Modi were to apply for one?' and 'Were Modi elected Prime Minister of India, how would his ascension likely affect his prospects to receive a US visa? Would the US be required to grant him a diplomatic visa? How might the International Religious Freedom Act be interpreted should he apply for a visa?'

The report dated March 18 was made public on March 31. It also refers to the recent cases in which Modi was given a clean chit by the courts and investigative agencies.

In December 2010, a Special Investigative Team appointed by the Supreme Court of India had found "no substantial incriminating evidence" that chief minister Modi had let the rioters rampage against the Muslims in February 2002, it said.

"On the other hand, the Gujarat high court continues to criticize chief minister Modi for his 'inaction and negligence' during the violence," the report said.

The report said Modi as the Prime Minister would enjoy diplomatic immunity.

However, it is only US President Barack Obama who can exercise his authority to deny a visa to Modi as the Prime Minister of India if he deems that would be detrimental to the American interest.

In August 2011, Obama had issued a proclamation in this regard pertaining to foreign nationals involved in war crime or systematic violence systematic against civilian populations.

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Emaar MGF Commerce Park, a prestigious commercial and residential location

Sunday, March 30, 2014

In recent times, Gurgaon is seen to have developed itself as a premier business destination especially at the center of its sector 61 which is at the Golf Course Extension Road. According to many analysts the Commerce Park situated in Gurgaon is widely regarded as being a very promising new property that could deliver in some of the best possible returns for every stakeholder. Here, it is important to mention the name of ShravanGupta, EVC & Managing Director, Emaar MGF who is leading the project with high ambitions. Mr. Shravan Gupta is known to do all he can so that this Commerce Park becomes successful and thereby improves the image of the whole city.

The Commerce Park is a conceptual development by Shravan Gupta of Emaar MGF offers exotic selection of the best possible facilities and this includes Gurgaon’s first ever indoor swimming pool which is temperature-controlled, amenities centers and sprawling squash courts, car parking comprising of multiple levels that can accommodate over a thousand vehicles, best possible security mechanism alongside video surveillance and close proximity to the main International airport of Delhi. 

 

CommercePark has a structure comprising of reinforced cement concrete frame having flat slab, column construction and waterproof RCC roof having inverted rigid insulation. It has high-speed traction elevators which are computerized and serve at all levels of the building, the building also has separate parking elevators alongside access control present at the main elevator lobby. The building is reliant on a centralized cooling system which is dependent upon energy efficient water cooled chillers that are properly equipped with BMS controls.

The building also has ducted ventilation systems as well as smoke extraction facility present at the basements. The building has automatic fire sprinklers which are properly integrated with the system of fire alarm at every area; this also includes centrally located main alarm system alongside its control panel. 

 

For the assistance related to telecommunication, the building of EmaarMGF has tag blocks present at every level which provides the services of some 3 to 4 telecom service providers. The building has double heighted expansive entrance lobby which has wood and stone veneer panels at its backdrop wall as well as stone flooring that has accent bands & steel inserts which is also equipped with concierge desk. 

 

All of these features make this commercial area an extremely lucrative place where a lot of business activity can be done in the best possible manner and this commerce park is also an example for the rest of its competitors who can learn from its success and then apply the same models to attain success.

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Emaar MGF's Imperial Gardens, appreciating in value

Emaar MGF Imperial Gardens is located in next Gurgaon.

It is one of the most attractive projects that are being offered by Mr. ShravanGupta who is the Executive Vice Chairman as well as the Managing Director of Emaar MGF. The main concept behind the Imperial Gardens is to offer some of the best living standards and luxurious, Mr. Shravan Gupta has taken a keen and personal interest in the Imperial Gardens project. The project is very well known for providing a greener and healthier environment which is much desired in present times of increasing pollution. 

 

Emaar MGF’s Imperial Gardens provide some of the best designed floor plans which are meant to maximize the usage of floor spacing that is provided for the tenants. The designers have taken a great note of everything that is related with comfortable living such as providing balconies outside the main kitchen area which can greatly serve individuals as they can have a refreshing cup of tea in the morning time. 

 

The in-house design of Emaar MGF’s Imperial Gardens have also prioritized the safety and security of their architecture and this is why they have built several safety mechanisms that should assist in terms of any emergency event such as fire emergencies, bomb threats and so on. The main aim here is to look after the safety and security of civilians. Besides this, a great deal of emphasis is given on the beautification of the project and for this purpose the developers have taken the services of some of the best designers in India. Their overall aim is to give a feeling of relaxation to the masses so that they can live their lives in a better and more efficient manner. 

 

The well designed infrastructure of Imperial Gardens possess a family room that has vitrified tiles along with acrylic emulsion, it has an entrance door with hardwood frames. The master bedroom has laminated wooden flooring, modular switches, plaster with acrylic emulsion, external doors and windows with aluminum frames and shutters and internal doors with hardwood frames alongside painted flush doors. The Kitchen has a combination of vitrified tiles alongside ceramic tiles, it has plaster with acrylic emulsion, granite counter top, chimney, modular switches and a single drain board sinks with CP fittings. The terraces and balconies have anti skid tiles and weather proof paint.

It is important to note here that all of the services provided by Imperial Gardens are up for grabs at exclusive rates that could be found nowhere.

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Gurgaon- Commercial and Residential hub of NCR: Emaar MGF News

The Gurgaon real estate market is growing at a steady rate be it in terms of Retail, Residential or Industrial space. Most of the absorption in Delhi NCR is likely to focus around Gurgaon and Noida, reason being the provision of much desired amenities in these areas. 

 

Reality players like DLF, Ansal API, EMAAR MGF, Assotech Realty, Microtek Infrastructures, Supertech, Amrapali, Gaursons India Ltd, etc, are coming up with new commercial projects in the NCR. Thus, private sector is revamping NCR’s environs, bringing in the much-needed impetus to the sector. According to realty experts, the impact of the subdued economic sentiment and the rising inflation rate on the realty market, and the attractiveness of a city’s business environment, can largely be gauged by evaluating the health of commercial realty in that city. 

The key factors that have fostered the rapid Realty growth as well as people’s interest to invest in residential apartments in Gurgaon include: 

 

CLEAN AND GREEN

The increasing pollution has deteriorated NCR’s environment to a great extent but still there are regions like Gurgaon in NCR where this has been kept well in consideration which is evident through the fact that large spaces are allocated especially for parks and gardens. This enhances the beauty of this area while keeping air clean and fresh.

 

CONNECTIVITY

In the hustle bustle of today’s busy life, easy connectivity from home to workplace and vice versa, as well as to other places becomes a necessity. And Gurgaon offers it all, you get less traffic, wider roads and most importantly the MNCs are located in close proximity. “Impact of improving infrastructure: New and forthcoming growth corridors along Gurgaon and Noida like Yamuna Expressway, Noida Expressway, and Dwarka-Gurgaon Expressway have recorded tremendous increase in commercial and residential activities in the past few months and will continue to drive the commercial market activity.” Says Shravan Gupta, Executive Vice Chairman and Managing Director of Emaar MGF.

 

SOCIAL INFRASTRUCTURE

The basic necessities including educational institutes, medical facilities, and entertainment hubs are abundant in Gurgaon and moreover Realty Developers are inclined towards providing all these to attract more and more people to invest in this location.

The quality of life that is accessible in Noida and Gurgaon is quite superior. Further, the new developments like Emerald Hills by Emaar MGF which is an exclusive gated, secure, impeccably planned development in Gurgaon where all the residents' needs are within easy walking distance. Apart from this, the lavish outdoor and indoor spaces, parks, sports facilities and shopping centres complete the living experience.

 

LUXURYHOMES

Gurgaon has an abundant supply of luxury homes, which keeps the elite class interested in this area. The standard apartments feature spacious living rooms with attached balconies overlooking communal gardens and amenity building, grand entrance lobbies, high speed elevators, elegant lift lobbies and much more which catches the attention of people longing for luxurious living in NCR.

According to, Mr. Ashish Jerath, Sales Head (North), Emaar MGF, “Emaar MGF by virtue of its lineage, leverages expertise in developing unparalleled luxury housing in India. The launch of Marbella marks the commitment of Emaar MGF to continuously develop properties with modern design concepts of international standards”

JOBOPPORTUNITIES

The fact that Gurgaon continues to be the first stop for MNCs, speaks volumes about the sub-city. It is heartening to see authorities to be in tune with the time and planning infrastructure for new areas as per changing needs. “Real estate in Noida and Gurgaon has picked up and continues at a substantial rate because people find jobs in close proximity” says Nitin Batra, owner of Nitin Associates, a local consultant.

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