Real Estate

alliance-manoj-award-global-indian-2018-19

Sep 21

Alliance Group CMD Awarded the Global Indian of the Year 2018-19 for Real Estate

 

Mr. Manoj Namburu was honoured with the “Global Indian of the Year 2018-19” on September 16th, 2019. The award function was held in Mumbai at Hotel Taj Lands’ End in the presence of the Who’s Who from across various sectors of industries from 20 GCC Countries.

Alliance Group CMD Real estate award 2018-19

gated community villas in chennai - Ready to Occupy Apartments in Chennai

Sep 5

Why Ready to Occupy Apartments are always in Demand?

Buying a home is a dream in everyone’s life and it is one of the important decision which they take in their life. And buying a home is a long-term investment and people put all their earned money into buying their dream home. When you decide to buy an apartment or a flat in Chennai, you’ve got options like a ready-to-move apartment, under construction apartments and pre-launch apartments. But, only the ready-to-occupy apartments are in demand these days and you will find various benefits and even you can avoid some risks which you find in another type of apartments. Here, let’s discuss a few reasons why there is a demand for ready to occupy apartments and what are the benefits involved in it.

1. Avoid risks

As you know, there are a lot of risks involved in the pre-launch and under-construction apartments, but you can’t find those risks in a ready-to-move apartment and the risk factors are:

  • Disputes
  • Delay in Possession
  • Lack of Amenities
  • Quality of construction
  • Change in the plans etc

But, in the case of a ready to occupy apartments, you will not find all these risks and you can just move immediately after the purchase. You can check out our luxury apartment in Chennai, which offers a scenic view of natural surroundings and it offers a high-quality lifestyle with world-class amenities!

2. Just pay for what you get

If you buy a property which is under construction, you will not know that how the project will look once it is done and you will have some assumptions by just considering the sample flat, but you will not find it similar to what you have seen in the sample flat. Even you will find it challenging to visualize the exact one which they deliver. In the case of the ready to occupy apartments, you can just see your actual home and you can experience each part of the home before you buy it and you can check for the amenities and all other things before you decide and book your home and you will not find any surprises when they deliver the home to you!

3. Tax benefits

You need to be very smart in the home purchasing decisions because some tax benefits are involved in it. And if you’re applying for a home loan for a property which is under-construction, then you are not supposed to pay tax on the annual basis. When your home is delivered, that time you can just claim the interest which you paid to the builder (as per the section 24 b, The Income Tax Act, 1961). And you can avoid these type of taxes when you buy a ready to occupy apartments.

4. No need to wait as it is a ready to occupy apartments

If you buy an under-construction property, you may have to sit for years to get your home and it will be mostly delayed due to certain reasons. But, in the case of a ready to occupy apartments, this problem can be avoided. But, after the RERA The Real Estate (Regulation and Development) Act, 2016 the homebuyers feel safe and their properties are delivered on the specific timeframe which they have promised, but still, the ready-to-occupy apartment is the smart choice!

5. No Pre-EMI payments

As you know, you are supposed to pay the Pre-EMI payment, the interest which applies to your home loan even for your property which is under construction. And you will find a lot of pressure in paying Pre-EMI payments and in the ready-to-occupy apartment, you can avoid all these additional payments.

6. Stay away from rental payments

If you are buying an under-construction apartment, you may need to pay pre-EMI charges and the rent of your existing home and you finally end up in financial issues. So, you need to plan accordingly and buy a ready to occupy apartments to avoid this double payment.

So, you are getting ready to buy a ready-to-occupy apartment in Chennai with world-class amenities? And there are many ready-to-move apartments for sale in Chennai which are getting occupied day by day, Book your dream home today!

 

Affordable Housing Top booming real estate destinations in India

Aug 20

Affordable Housing: Top booming real estate destinations in India

Affordable housing has become the hot discussion in the Indian real estate. Today, real estate developers all across India are in all-action towards developing affordable homes in almost all the cities. The Pradhan Mantri Awas Yojana (PMAY) scheme acts as an active drive for real estate developers to take this “Housing for All” segment a further momentum.

Most importantly, developers are making sure that these affordable homes are affordable for the Low Income Group (LIG) & Economically Weaker Section (EWS) people. Focusing on these segments makes, these homes affordable for people who never dreamt of owning a home. Similarly, the middle class & upper middle-class people find these homes budget-friendly which aren’t super-expensive. The rapid increase in the affordable housing projects in India is huge because of its exceptionally high demand. That way, this set a beginning for a plethora of affordable properties at an affordable price to come up in the future. Furthermore, cities like Chennai, Hyderabad, Bangalore, Kolkata, Mumbai and Ahmedabad are expected to launch as many affordable homes in the upcoming years in real estate.

Here are some of the top best booming real estate destinations in India

 

Hyderabad

Hyderabad witnessing so much of betterment in all aspects of real estate market such as the economic and infrastructural growth that increased demand for both residential & commercial property sectors. With a growing workforce and establishments of IT/ITES tech parks around the city gives a thrust for the development of quite a lot of affordable properties in the city. The number of MNC companies constantly rising in this locations building high demand for retail, residential and commercial properties. In addition, several affordable homes in  Kompally, Bachupally, Kukatpally, Miyapur, Sianikpuri, and Manikonda have launched in the recent times.

Bangalore

Similar to Hyderabad city, Bangalore is also one of the metro cities in India that is encountered as the emerging hotspot for commercial spaces which is to increase demand for affordable housing spaces as well. In the same way as all popular cities, Bangalore has witnessed so many IT developments in the past decade which are now happening to drive the residential real estate sector at rapid speed, which is unimaginable. Furthermore, locations like Hoskote, Bengur, Kengeri, and Varthur are proof for one of the most coveted hotspots in India for its affordable residential home options.

Chennai

Just like Hyderabad and Bangalore cities, Chennai is also a pulsating location that has been thriving successfully in real estate with more infrastructural developments happened and happening in the popular IT Corridor of Chennai, OMR. Chennai isn’t just about the MNC IT/ITES sector; it is an industrially succeeded city of India where numerous chemical industries have established in Porur. It isn’t uncommon why people fly over from various places to the city for their career growth.

Other than this, Chennai focuses on major healthcare centres having built & brought up in all these years of incredible development that has happened so far. Usually, there is a demand for regular apartments & villas in OMR. In addition, come the affordable homes as well. The fast development of transportation and other infrastructural developments bring demand for affordable housing projects in Kelambakkam, Guduvancheri, Urapakkam, Siruseri and so many other locations in Chennai city. The recent metro train transportation launch has set the expectations high and also the upcoming metro is further enhancing the value of real estate in Chennai. The value every sq ft home buyers buy in this city is expected to value high in the future.

Kolkata

Kolkata is renowned for its high-end residential projects and city is constantly emerging with new advancements in the world of housing. It’s no wonder why it is one of the top affordable hotspots of India. Locations like New Town and Sonarpur are now flooded with more affordable apartments. Sonarpur stands high because of its proximity to the Garia metro line. The price in these two locations is expected to be less compared to other areas in Kolkata.

Navi Mumbai

Navi Mumbai is justifying till this date as a booming real estate hotspot in India as it is driving the industry to unbelievable growth in the future. Since the proposal of International Airport has been a game-changing twist in this region as it will be closest to the new airport in Panvel. Furthermore, the location is expected to at least launch a few thousands of affordable homes in the upcoming years. While it is the new township of the state, it isn’t less in providing the best education in almost all the streams. Having poured its efforts in educations and workforce, Navi Mumbai is never less among the most coveted locations in India when it comes to affordable housing projects.

Ahmedabad

The growth in better connectivity and rapid infrastructural growth in and out the city with abundant job opportunities states a considerable demand in properties in Ahmedabad. Locations like Gota, Vaishno Devi circle, South Bhopal are offering budget-friendly homes for home buyers. Ahmedabad is now expected to provide the lower-end home buyers with a reason to dream of owning a home by developing best affordable homes without shelling out their pocket.

 

Apartments in Chennai, Pallavaram Hospitals in Pallavaram

Aug 18

Apartments in Chennai, Pallavaram: Hospitals in Pallavaram

Apartments in Chennai, Pallavaram have its own numerous numbers of perk. As it is outside the city and in a developing stage, you can get an affordable house very easily within one’s budget. The Galleria Residences in one of such project, which is located in the region surround by all the possible need of the residents. One of the most important needs is a hospitals in their neighbourhood.

No one wants to live in a place where the call for an emergency is far from their house. And hence, the hospitals, maternity centers and dental clinics should be present near your house to access it immediately in case of any emergency.

So, here we have listed the hospitals and dental clinics within the 10 min range (by vehicle) from your Galleria Residences apartments in Chennai, Pallavaram.

 

1. Government Primary Health Center Hospital

Address: P.V. Vaithiyaligam Road, Kamatchi Nagar, Old Pallavaram, Chennai, Tamil Nadu 600043 Hours: Open 24 hours

2. 24 Hours Medicals and Hospital

 Address: Rajaji Nagar, Pallavaram, Chennai, Tamil Nadu 600043 Hours: Open 24 hours

3. Pallavaram Municipal Hospital

Address: Thiripura Sundari Colony, Pallavaram, Chennai, Tamil Nadu 600043

4. Kavitha Ortho & Multispeciality Hospital

Address: 144, Radha Nagar Main Road, Railway Colony, Doctors Colony, Chromepet, Chennai, Tamil Nadu 600044 Hours: Open 24 hours Phone: 094440 09700

5. Urban Primary Health Centre, Zamin Pallavaram

Address: Station Border Rd, Thiripura Sundari Colony, Pallavaram, Chennai, Tamil Nadu 600043 Hours: Open 24 hours Phone: 044 2266 0689

6. Chennai Home Health Care

Address: 2/128, rahavanagar Ch 91, 2nd Main Rd, Madipakkam Phone: 099405 81843

 

Women & Children Healthcare:

7. PCMC Hospital (Pallavaram Childrens Hospitals)

Address: 3, First St, Mallikka Nagar, Zamin Pallavaram, Bharathi Nagar, Pallavaram, Chennai, Tamil Nadu 600043 Hours: Open 24 hours Phone: 044 2266 0707 Others: Bed – 20, Ambulance – 1

8. Sugam Child Care Centre

Address: Latheef Colony Street, 107, Dharga Rd, Thiruvalluvar Nagar, Pallavaram, Chennai, Tamil Nadu 600043 Hours: Open 24 hours Phone: 097909 72841

9. VayuShri Fertility and Women’s Center

Address: 41, Dharga Rd, Chitra Township, Pallavaram, St.Thomas Mount-cum-Pallavaram, Tamil Nadu 600043 Hours: 9:00 AM – 1:00 PM & 5:30 PM – 8:30 PM Phone: 077085 55635

10. BM Silver Jubilee Multispeciality Clinics

Feature: Gynaecology /Obstetrics Clinic Address: 41, Dharga Rd, Thiruvalluvar Nagar, Pallavaram, Tamil Nadu 600043 Hours: Open 24 hours Phone: 044 4355 9539 Others: Ambulance, ICU/general beds, Pharmacy, Canteen

11. Dr.Murthy’s Clinic

Address: 21, Bharathi Nagar 2nd St, Zamin Pallavaram, Bharathi Nagar, Pallavaram, Chennai, Tamil Nadu 600043 Hours: Open ⋅ Closes 2PM Phone: 044 2266 0809

 

Dentist:

1. Getwell Speciality Clinic

Address: 171A, PV Vaithiyalingam Rd, P G Manickam Nagar, Tirumurugan Nagar, Old Pallavaram, Chennai, Tamil Nadu 600117 Hours: Open 24 hours Phone: 044 2266 2086 Others: attached with lab and pharmacy

2. Sangeetha Dental Clinic

Address: 63, Bharathi Nagar Main Rd, Mallikka Nagar, Bharathi Nagar, Pallavaram, Chennai, Tamil Nadu 600043 Hours: Open ⋅ Closes 1PM ⋅ Reopens 5:30PM Phone: 044 3301 1390

3. Charan Multispeciality Dental Clinic

Address: no.1, 3rd St, Latheef Colony, Dargah Colony, Pallavaram, Chennai, Tamil Nadu 600043 Hours: Open ⋅ Closes 1PM ⋅ Reopens 5PM Phone: 098845 52755

4. Clue & Cure Dentistry

Address: No 126/5 , Thiruthani Nagar, Pallava Garden, Zamin Pallavaram, Old Pallavaram, Chennai, Tamil Nadu 600117 Hours: Open ⋅ Closes 2PM ⋅ Reopens 5PM Phone: 096772 67085

5. HS DENTAL CENTRE

Address: No 31, Salamon street, Camp road, East tambaram, Chennai, Tamil Nadu 600045 Phone: 091760 88602

6. Sri Kumaran Dental Clinic

Address: No. 7/2 1st, Raghava Nagar, Madipakkam, Tamil Nadu 600091 Hours: Closes 10PM

7. Sri Venkateshwara Dental Clinic

Address: N 2/139,Trunk road, Iyyappanthangal, Chennai, Tamil Nadu 600056 Hours: Closes 9:30PM Phone: 098406 33183

8. RAJ DENTAL CARE

Address: 27, Dharga Rd, Phase I, Thiruvalluvar Nagar, Pallavaram, Chennai, Tamil Nadu 600043 Phone: 094860 80215