Mahindra’s green project

Posted: 16 Feb 2010 01:56 AM PST

Mahindra Lifespaces, the real estate and infrastructure
development arm of the Mahindra Group, has launched
the second phase of Mahindra Splendour at Bhandup
(West), Mumbai. It is a five-minute drive from the
Jogeshwari-Vikhroli Link Road. Two new towers in this phase
will offer 2- and 3- BHK apartments of 1,464-1,641 sq.ft.

It is a green residential property with an annual energy consumption
for an apartment estimated to be 25-30 per cent lower than that
of a conventional flat of the same area.

The project provides 24×7 electronic surveillance and security,
jogging track, play area for children and club house.

It also provides remote home access to the residents via SMS,
phone or Yahoo Messenger, to turn off gas supply,
locking/unlocking front door, etc.

Mahindra Lifespaces’ current projects include Mahindra Eminente at Goregaon, Mumbai; Mahindra Splendour at Bhandup, Mumbai; Mahindra Royale, Pune; Mahindra Chloris, Faridabad; Mahindra Aura, Gurgaon, Aqualily at Mahindra World City, Chennai.

E-Homes at Noida

DESIGNARCH is all set to launch the go-green residential
venture E-Homes at Greater Noida. According to a press
release from the company, eco-homes is a service- and quality
-driven project, promoting the construction of homes and real
estate using eco-friendly technology, leading to sustainable
development and conservation of natural resources.

As part of the consortium, DESIGNARCH is investing Rs 600 crore on this
E-Homes project, which includes clustered construction of 2-3 bedroom,
studio apartments spread over five acres with houses ranging between
550 and 2,175 sq.ft at a cost of Rs 11.88-60 lakh.

High energy efficiency and low maintenance are key
features with electronically-operated lights and air-conditioners
that can be controlled using mobile phone, remote control or touch screen Wi-Fi.
Lotus Panache from 3C Company

The 3C Company, a leading developer of commercial and
residential space in Noida, has launched “Lotus Panache,” a
green residential project of 41 acres and with an outlay of
Rs 2,400 crore. It has been jointly funded by Red Fort Capital,
an international private equity real estate fund.

Lotus Panache is located in Sector 110 of Noida, and is
well connected with key locations in Noida, including the
DND Flyway, Sector 18 Market, upcoming metro station,
schools, hospitals and other world class amenities, says a
press release.

The company’s recently launched green residential Project,
Lotus Boulevard, has sold over 2,200 units in less than six months.
Red Fort Capital, a private equity real estate firm focused on India,
has invested in both Lotus Panache and Lotus Boulevard.

Lotus Panache will have a mix of 2, 3 and 4 bedroom apartments
and will house Asia’s first `Net Zero Energy and Geo Thermal’
Lotus Valley Pre-Nursery School. The project’s hub of sports and
leisure, the 135,000 sq.ft `Le Panache Club at Lotus Panache,
will be Asia’s first green club built with geo thermal technology.

Net zero energy technology means the building will not only
have low energy demand through energy-efficient design, but
also satisfy its own electricity demand through clean renewable sources, including solar.

Geo thermal technology will balance outside temperature fluctuations to
automatically provide comfortable conditions inside.

Geo-exchange systems will transfer energy from the ground
into the building’s air-conditioning system using the ground as
a heat sink. Lotus Panache will be earthquake resistant and
compliant to Zone-4 specifications.

The 3C Company has applied for a green certification
from the Indian Green Building Council.