Weekend Digest - Top Stories

Weekend Digest - Top Stories

Welcome to the latest edition of?PNT Real Estate Recap! Through our digital only newspaper, we aim to provide a 360 degree coverage of the latest events, stories, updates and occurrences from the real estate industry.

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| Top Stories

Lift Karade

Author: Balaji Rao

An often overlooked aspect of any building is the vertical transportation systems it offers. It is seldom brought up when debating the merits and demerits of a property. Elevators, escalators, staircases, and moving walkways are some examples of vertical transportation found in residential and commercial buildings. As urban cities in India witness a rapid surge in high-rise constructions, it becomes crucial to understand the mechanics of vertical transportation systems within buildings. While educating users on basic practices—such as correctly operating lift buttons or avoiding regular lifts during a fire—would be ideal, the onus lies on builders and developers to implement essential safety measures.

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Hyderabad Metro Phase 2 progresses as property owners receive rehabilitation packages

Metro line 3 from BKC to Worli to launch in 100 days boosting Mumbai's connectivity

Mumbai-Ahmedabad High-Speed Rail will transform connectivity with INR 1.1 lakh crore investment

Hyderabad Metro Phase-2 to link outskirts: Paradise-Medchal and JBS-Shameerpet routes

Mumbai: MMRDA considers alternative Metro 9 route to reduce costs and minimise rehabilitation

Delhi-Mumbai Industrial Corridor set to transform India with USD 100 billion investment

Chandigarh’s metro vision faces hurdles amid ridership and cost debates

Meerut Metro and Delhi–Meerut RRTS integration to be completed in 2025

Navi Mumbai set to become India's next big commercial real estate destination

Kozhikode Light Metro: A step towards modern urban transit and sustainable growth

Bhopal Metro achieves milestone with major land clearance for first underground station

Navi Mumbai Metro Line 1: Connecting key hubs and shaping the city's future

Alibaug emerges as a serene luxury retreat for India’s wealthy homebuyers


| Deal News

A residential flat spanning 960 square feet sold in Sobha Shreeji Arcade in Raigad's Ulwe for INR 1.5 crores

? A residential flat spanning 725 square feet sold in Hiranandani Fortune City (Golden Willows) - Lavender in Raigad's Rasayani for INR 1.12 crores

? A residential flat spanning 604 square feet sold in Shree Aditya Akshay in Raigad's Panvel for INR 65 lakhs

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A residential flat spanning 1,622 square feet sold in Prestige Bellanza Phase 2 - Wings D, E, F in Mumbai's Mulund West for INR 4.43 crores

? A residential flat spanning 1,028 square feet sold in Aum Punit Devi Sadan in Mumbai's Matunga for INR 3.24 crores

? A residential flat spanning 672 square feet sold in Runwal Timeless (OYT Freeway 37) in Mumbai's Sion for INR 1.82 crores

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A residential flat spanning 506 square feet sold in Sunteck MaxxWorld 2 in Palghar's Naigaon for INR 56.25 lakhs

? A residential flat spanning 608 square feet sold in Om Dhananjay Square in Palghar's Virar West for INR 50 lakhs

? A residential flat spanning 381 square feet sold in Inspiration SG Krishna Solitaire - 1 in Palghar's Palghar Town for INR 27.77 lakhs

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A residential flat spanning 799 square feet sold in Ashar Merac Phase I in Thane's Waghle Estate for INR 1.34 crores

? A residential flat spanning 722 square feet sold in Kalpataru Srishti Tower G in Thane's Mira Road for INR 1.32 crores

? A residential flat spanning 679 square feet sold in Shree Mauli Prabha in Thane's Dombivli East for INR 60 lakhs

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A residential flat spanning 1,663 square feet sold in Bhandari 7 Plumeria Drive Phase 3 in Pune's Punawale for INR 2.15 crores

? A residential flat spanning 1,409 square feet sold in Supreme Belmac Residencies C in Pune's Wadgaon Sheri for INR 2.14 crores

? A residential flat spanning 758 square feet sold in Pride Aashiyana (Lohgaon) in Pune's Dighi for INR 77.51 lakhs

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| Property Dictionary

Aluminium Formwork

The aluminium formwork system is a building system used to form cast-in-place concrete structures of buildings. This formwork is made of aluminium alloy, which is very strong and has high tensile strength. Unlike steel, aluminium can be used several times. Lightweight aluminium is also easy to handle and quick to operate making it highly adaptable and cost-effective.

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Precast Concrete

Precast concrete, also known as prefabricated concrete is an alternative to cast-in-situ concrete. It is produced at an off-site controlled factory environment where moulds are used to cast elements such as slabs, walls, columns, beams, etc which are then transported to the construction site for assembly. This method eliminates the need for time-consuming on-site casting and curing, allowing for faster project completion.

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Configuration

Configuration refers to the arrangements of different elements in a particular form or combination. In real estate, configuration refers to the arrangement of different rooms in a single unit (flat).

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Finishing stage in Construction

The finishing stage in the construction cycle is the process of completing the construction project. This includes painting, installing flooring, and completing any final touches. The finishing stage is critical as it ensures the building is ready for occupancy. Finishing is a very labour intensive process which requires detailed project planning to ensure all activities are done in the right sequence to avoid any quality issues in the future.

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Construction & Demolition waste (C&D)

Construction and demolition (C&D) waste refers to waste generated from construction, renovation, repair, and demolition of houses, large building structures, roads, bridges and dams. It also includes any surplus and damaged products and material arising through the course of construction work or used temporarily during the course of on-site activities. Materials found in C&D waste can be but are not limited to wood, steel, concrete, gypsum, masonry, plaster, metal, and asphalt waste can contain hazardous materials such as asbestos and lead.

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