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When it comes to selecting a home, individuals often find themselves deciding between living in a standalone tower or an integrated township. Both options offer unique benefits, and the final choice depends on personal preferences. This article aims to explore the advantages of both standalone towers and integrated townships, providing readers with the necessary information to make an informed decision.

Benefits of Living in a Township

Living in an integrated township offers numerous advantages, fostering a holistic and convenient lifestyle. Here are some key benefits:

Holistic Life

Integrated townships provide residents with a comprehensive living experience. These communities are meticulously planned to offer all necessary amenities within the premises, such as grocery stores, schools, hospitals, and entertainment centers. This proximity saves residents valuable time and effort in their day-to-day lives.

Better Infrastructure

Integrated townships boast superior infrastructure compared to standalone towers. The roads, sidewalks, and public spaces are well-maintained, enhancing the overall living environment. These townships feature modern amenities, including reliable water and electricity supply, well-planned drainage systems, and efficient sewage systems.

Enhanced Security

One of the most notable advantages of living in an integrated township is the enhanced security provided by gated communities. These townships employ state-of-the-art security systems, including 24/7 CCTV surveillance, access control systems, and patrolling guards. As a result, residents can enjoy a secure living environment and peace of mind.

Array of Amenities

Integrated townships offer an extensive range of amenities, such as swimming pools, parks, clubhouses, and sports facilities. These amenities encourage socialization and provide opportunities for residents to lead a healthy lifestyle. Additionally, the availability of such facilities within the community promotes a sense of belonging and community engagement.

Better Return on Investment

Integrated townships are highly desirable for investment purposes. The demand for properties in such townships tends to be high, leading to increased property values over time. Consequently, residents can expect a better return on their investment compared to standalone towers.

Benefits of Living in a Standalone Tower

Standalone towers offer a distinct set of advantages, including privacy and an exclusive living experience. The benefits of choosing a standalone tower include:

Low Maintenance Cost

One significant advantage of living in a standalone tower is the relatively lower maintenance cost. As standalone towers typically offer fewer facilities and amenities compared to integrated townships, the cost of maintaining the property is generally reduced. This factor makes standalone towers more affordable in terms of upkeep.

Exclusive Living

Standalone towers provide residents with the opportunity to personalize their living spaces according to their preferences. Residents have complete control over the interior and exterior design of their homes, allowing them to create a sense of ownership and pride in their living environment.

Profile of Like-minded Individuals

Standalone towers tend to attract like-minded individuals who value privacy and an exclusive living experience. This commonality among residents fosters a more cohesive and close-knit community. The shared lifestyle preferences and interests often result in meaningful connections and relationships among neighbors.

Friendly Neighborhood

Living in a standalone tower offers an intimate living experience, facilitating closer relationships with neighbors. The smaller community size promotes interactions and socialization among residents, creating a strong sense of belonging and camaraderie.

Lower Monetary Risk

Standalone towers are an excellent option for those seeking lower monetary risk. These buildings are generally less expensive than integrated townships, making them more affordable for homebuyers. This affordability aspect can reduce financial burdens and provide individuals with a more accessible housing option.

Living in a Township vs. Standalone Tower – What’s Best?

Choosing between a standalone tower and an integrated township depends entirely on individual preferences. Each option presents distinct advantages, and the final decision should align with personal needs and aspirations. However, Runwal Developers offer the best of both worlds by providing integrated townships that offer the amenities and advantages of a gated community, as well as standalone towers for those seeking a more personalized and exclusive living experience. With several upcoming residential projects in Mumbai, Thane, and Pune, Runwal Developers aim to cater to all urban housing requirements.

Conclusion

Selecting the right housing option is a significant decision, and understanding the benefits of living in a township or standalone tower is crucial in making an informed choice. Integrated townships provide holistic living, better infrastructure, enhanced security, an array of amenities, and better investment potential. On the other hand, standalone towers offer low maintenance costs, exclusive living, like-minded neighbors, friendly neighborhoods, and lower monetary risk. Ultimately, individuals must consider their preferences, lifestyle, and budgetary constraints to determine whether a township or standalone tower is the best fit for their needs. With the diverse range of options offered by Runwal Developers, homebuyers can find their dream home, tailored to their individual preferences and requirements.

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With the change in the tenor, Bajaj Housing Finance now offers equated monthly installments (EMI), starting at just Rs 733 per lakh.

Bajaj Housing Finance has extended its maximum home loan tenor to 40 years from 30 years for salaried applicants, who are new home buyers.

With the change in the tenor, Bajaj Housing Finance now offers equated monthly installments (EMI), starting at just Rs 733 per lakh.

Bajaj Housing Finance’s revised tenor capping is subject to the applicant’s age at the time of application. The eligibility criteria for age with Bajaj Housing Finance is 23 to 75 years, with 75 years as the upper limit for age at the time of loan maturity.

Bajaj Housing Finance loans start at only 8.50% per annum for salaried individuals and professionals.

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While the average flat size in the top seven cities increased by 5 percent annually – from approximately 1,170 sq ft in Q1FY2022 to approximately 1,225 sq ft in Q1 FY2023 – those in Mumbai Metropolitan Region (MMR) and Chennai shrunk, a new report has said.

Chennai saw average flat sizes decrease by 6 percent – from approximately 1,250 sq ft in Q1FY2022 to approximately 1,175 sq ft in Q1FY2023. MMR saw average flat sizes decrease by 5 percent – from approximately 783 sq ft in Q1FY2022 to approximately 743 sq ft in Q1 2023 – data shared by property consultants Anarock showed.

MMR was the only city where the average flat size declined since 2018, from approximately 932 sq ft to approximately 743 sq ft in Q1FY2023. This is because there is a perception among developers that there is currently sufficient supply of larger format homes.

Also, while MMR is hyper-expensive, Chennai is a very cost-sensitive market. In both instances, increasing the supply of smaller, more affordable homes makes sense, according to data collated by Anarock

However, the average flat sizes in fresh supply hitting the top seven cities grew 7 percent in the last five years – from approximately 1,150 sq ft in 2018 to approximately 1,225 sq ft in Q1 2023. In 2022, the average flat size in these cities stood at 1,185 sq ft, and at 1,170 sq ft in 2021.

The National Capital Region (NCR) saw average flat size rise 50 percent — from approximately 1,130 sq ft in Q1FY2022 to approximately 1,700 sq ft in Q1FY2023. Kolkata saw flat sizes increase by 44 percent — from a modest 800 sq ft in Q1FY2022 to 1,150 sq ft in Q1 FY2023. Hyderabad saw average flat size increase by 29 percent from approximately 1,700 sq ft in Q1FY2022 to approximately 2,200 sq ft in Q1FY2023.

Pune saw a 16 percent annual increase – from 877 sq ft in Q1FY2022 to 1,013 sq ft in Q1FY2023. Bengaluru saw an 8 percent yearly jump in average flat sizes – from approximately 1,200 sq ft in Q1FY2022 to approximately 1,300 sq ft in Q1 FY2023.

Chennai saw average flat size decrease by 6 percent – from approximately 1,250 sq ft in Q1FY2022 to approximately 1,175 sq ft in Q1FY2023. MMR saw average flat sizes decrease by 5 percent – from approximately 783 sq ft in Q1FY2022 to approximately 743 sq ft in Q1FY2023.

“MMR is the only city where average flat sizes have reduced in the last five years – from 932 sq ft in 2018 to 743 sq ft in Q1 2023,” says Anuj Puri, chairman, Anarock Group.

“In these five years, only 2020 saw average flat sizes in MMR see an annual rise of 21 percent against 2019. Since 2020, homes in the region are shrinking,” he said.

NCR sees highest growth in average flat size

Among the top seven cities, NCR saw the highest growth in average flat size in the last five years – from approximately 1,250 sq ft in 2018 to approximately 1,700 sq ft in Q1FY2023. Developers in NCR are closely tracking demand and launching bigger homes in this region.

Hyderabad has the highest average flat size — at approximately 2,200 sq ft in Q1 2023, followed by NCR with approximately 1,700 sq ft. In Chennai and Bengaluru, the average flat sizes stand at approx. 1,175 and 1,300 sq ft, respectively. In Kolkata, the average flat size was approximately 1,150 sq ft. In Pune, the average flat size clocks in at approximately 1,013 sq. ft.

“Before COVID-19, apartment sizes were shrinking annually to meet the demand for compact homes prevalent then,” says Puri. “The central concerns were affordability and millennials’ preference for low-maintenance homes. Year 2020 saw an abrupt reversal of buyer preferences. With a sudden emphasis on work from home (WFH) and study-from-home culture, flat sizes began increasing for the first time in four years,” said Puri.

In 2023, property prices are heading north but demand for bigger homes continues. Q1FY2023 saw average apartment sizes in the top seven cities increase by approximately 7 percent since 2018, with MMR the only outlier with average home sizes reducing around 20 percent in the period.

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India’s first 7-km-long undersea rail tunnel is set to be constructed in Thane Creek as the National High Speed Rail Corporation Limited (NHSRCL) signed a contract with Afcons Infrastructure Limited, commencing the work process.

“The construction of a 21-km tunnel is one of the most challenging contracts of the Mumbai-Ahmedabad High-Speed Rail corridor. It includes building the country’s first twin-track undersea rail tunnel, measuring 7 km, at Thane Creek. Three tunnel boring machines and the new Austrian tunnelling method will be utilised for this tunnel’s construction,” stated Rajendra Prasad, managing director of NHSRCL.

This 21-km-long tunnel will connect the underground station at Bandra-Kurla Complex to Shilphata in the state of Maharashtra. The approximately 7-km undersea tunnel at Thane Creek, situated in the inter-tidal zone, will be the first undersea rail tunnel in India. It will consist of a single tube accommodating twin tracks for both up and down trains. Additionally, 39 equipment rooms at 37 locations will be constructed near the tunnel as part of the project, according to a spokesperson. The depth of the tunnel will range from 25 to 65 metres from the ground level.

“Three tunnel boring machines will be employed to construct approximately 16 km of the tunnel, while the remaining 5 km will be constructed using the new Austrian tunnelling method (NATM). One of the largest tunnel boring machines in India will be utilised for this project, featuring a cutter head with a diameter of 13.1 metres. Typically, urban tunnels used in metro systems utilise cutter heads with diameters of 5-6 metres,” explained an official.

To facilitate the construction, three shafts will be created at BKC, Vikhroli, and Sawli at approximate depths of 36, 56, and 39 metres respectively. Another inclined shaft measuring 42 metres at Ghansoli and a tunnel portal at Shilphata will aid in constructing approximately 5 km of the tunnel using the NATM tunnelling method.

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Commercial real estate investing is an intriguing field that often suffers from misconceptions and myths. These myths can mislead potential investors, preventing them from exploring the lucrative opportunities within this sector. In this article, we aim to debunk four common myths surrounding commercial real estate investing and shed light on the reality behind each one. By providing accurate information, we hope to empower individuals to make well-informed investment decisions in this dynamic market.

Myth Number 1: Commercial Real Estate Investment Is Inherently Risky

Reality:

Contrary to popular belief, investment in commercial real estate is not inherently risky. In fact, it can be a safer and more stable investment option compared to volatile markets such as equities and capital markets. Commercial properties have the potential to generate consistent returns over the short, medium, and long terms, provided investors exercise due diligence. In the Indian context, commercial real estate has shown promising prospects, with property values generally appreciating over time. Furthermore, unlike financial assets, physical property cannot be easily stolen or taken away, offering investors an additional layer of security.

Myth Number 2: Commercial Real Estate Investment Is Overly Complex

Reality:

While commercial real estate investments may appear complex at first glance, they can actually be simpler than residential real estate investments. Commercial properties often involve larger transactions, allowing investors to consolidate their portfolios and streamline their management efforts. Unlike residential real estate, where multiple tenants and properties may need to be managed, commercial properties frequently have fewer tenants, simplifying rent collection and maintenance responsibilities. Understanding the market dynamics of the specific area where the commercial property is located is crucial. Seeking guidance from reputable brokers and companies specializing in commercial real estate can greatly assist investors in making informed investment decisions.

Myth Number 3: Acquiring Funding for Commercial Property Is Challenging

Reality:

Contrary to the misconception that financing commercial real estate is challenging, there are several funding options available for potential investors. While residential real estate typically relies on home loans as the primary financing option, commercial real estate offers a broader range of loan choices. Banks, as well as non-banking financial companies (NBFCs), provide various loan options for commercial real estate purchases. These loans can be repaid over an extended period in manageable installments. If a company seeking a loan has a reputable track record, banks often provide financing with minimal documentation. This accessibility to funding options makes investing in commercial real estate more feasible for interested parties.

Myth Number 4:Market Conditions Alone Should Dictate Investment Decisions

Reality:

While market conditions are undoubtedly an important factor to consider when investing in commercial real estate, they should not be the sole determinant of purchasing decisions. Other critical aspects, such as the investor’s financial health, affordability, current income, fund flow, expansion plans, insurance requirements, and available loan options, must be carefully evaluated. These considerations ensure that investors make well-rounded investment decisions aligned with their financial goals and risk tolerance. By taking a holistic approach to investment decisions, investors can mitigate potential risks and optimize their returns.

Conclusion

Commercial real estate investing holds immense potential for individuals seeking stable and lucrative investment opportunities. By debunking common myths surrounding this sector, we have highlighted the reality behind each misconception. Investment in commercial real estate can be a secure and simplified process, offering diverse funding options and the potential for consistent returns. While market conditions are relevant, investors must also assess their financial situation and various other factors before making investment decisions. By approaching commercial real estate investment with accurate knowledge and a comprehensive understanding, investors can unlock the vast potential this sector has to offer.

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Investing in real estate, whether it be purchasing a new home or acquiring a second property, is an exciting venture for many individuals. With the real estate market gaining momentum after the pandemic, Thane residential projects present an attractive choice for both personal use and potential profitability. This article will delve into the reasons why Thane stands out as a prime investment destination, highlighting its infrastructural developments, connectivity, and the reputable Ashar Group’s offerings in the region.

Thane’s Infrastructural Developments:

Thane boasts a range of outstanding social infrastructures, adding significant value to residential properties in the area. The city hosts several prominent malls, such as Viviana and Korum, which offer a diverse array of branded stores and fine dining options. These commercial developments contribute to the overall appeal of Thane, attracting multinational corporations and large companies to establish their headquarters in the region. Furthermore, the city has witnessed substantial progress in its road infrastructure, leading to increased property investments.

Connectivity Advantages:

In recent years, Thane has undergone a remarkable transformation, becoming a sought-after location due to its excellent connectivity and burgeoning infrastructure. The city enjoys favorable links with Nashik, Bhiwandi, and the Western Suburbs, facilitating seamless travel and trade. As part of ongoing development plans, three flyovers are under construction at Majiwada, connecting residents to key destinations like Mulund, Thane-Bhiwandi, and Mira Road. Additionally, the upcoming Borivali tunnel promises to reduce travel time further. The upcoming Metro project in Thane is yet another testament to the city’s commitment to enhancing connectivity. These ambitious government initiatives are not only boosting property rates but also giving rise to premium housing options.

Choosing the Best: Ashar Group:

In the pursuit of comfortable, healthy, and secure living spaces, Thane emerges as an ideal choice. Among the reputable real estate brands, the Ashar Group stands out for its commitment to excellence in both residential and commercial segments. With several upcoming residential projects in Thane, the Ashar Group has a remarkable 7.5 million sq.ft under development. The brand prides itself on having zero RERA complaints, maintaining an average construction timeline of three years, and achieving over 700+ units sold in the years 2021-2022. These projects offer an extensive range of 1 & 2 BHK flats strategically located in prime areas of Thane.

The Promising Future of Thane:

Thane is a thriving city blessed with natural beauty, and its advantageous location, efficient public transportation system, and well-maintained roads make it an excellent choice for potential homeowners and business owners alike. The city’s future prospects are incredibly promising. However, it is crucial to foster a growth-oriented environment through the collaborative efforts of all stakeholders.

Conclusion:

Thane’s real estate market is experiencing a surge in demand, making it an opportune time to consider investing in this flourishing city. The impressive infrastructural developments, enhanced connectivity, and the trusted offerings of the Ashar Group make Thane an attractive destination for both personal and investment purposes. As a potential homebuyer or investor, it is essential to conduct thorough research, consider your objectives, and make an informed decision. By capitalizing on the growth potential and unique advantages of Thane, you can secure a profitable and fulfilling real estate investment.

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Investing in under construction projects in Thane, India, can be a lucrative opportunity for NRIs (Non-Residential Indians) looking for both a property investment and a connection to their motherland. This comprehensive guide aims to provide NRIs with a detailed overview of the benefits, considerations, and steps involved in purchasing under construction projects in Thane. From property types and taxation to power of attorney, finance and funding, and registration documents, this guide covers essential information to help NRIs make informed investment decisions.

Benefits of Investing in Under Construction Projects in Thane

Investing in under construction projects in Thane offers several advantages for NRIs:

1. Regular Rental Income:

Real estate valuers employ two primary methods to determine the market value of a property: the sales comparison method and the cost approach.

2. Favorable Investment Policies:

The Indian government considers NRI investments equivalent to those made by residents, offering a level playing field for NRIs.

3. Limited NRI-Focused Projects:

As only a few developers cater specifically to NRIs, investing in under construction projects in Thane can provide unique investment opportunities.

4. Growing Demand for Office Spaces:

The increasing demand for office spaces by multinational corporations and startups in Thane presents a high-return investment opportunity.

5. Favorable Exchange Rates:

The falling value of the Indian rupee and recent policy reforms have made it an opportune time for foreign investors to gain high returns on their investments.

6.Emotional Attachment:

Many NRIs, driven by nostalgia and the desire to return to their home country or support their relatives, choose to invest in India.

Detailed Guide for NRIs Investing in Under Construction Projects in Thane

1. Property Type :

NRIs can purchase residential and commercial properties in India but are restricted from buying agricultural land, farmhouses, or plantation estates without authorization from the Reserve Bank of India. It is essential to have a legal power of attorney if an NRI cannot visit India to make the purchase personally.

2. Taxation and Benefits:

When an NRI acquires a property in India, taxes are deducted at source (TDS) at specific rates on both long-term and short-term capital gains. NRIs can claim a refund on TDS if they fall into a lower tax bracket by filing their income tax returns. NRIs are entitled to several tax breaks similar to those available to Indian residents. Selling a property within three years is considered short-term capital gains and is taxable. However, selling after three years allows NRIs to utilize the proceeds to reduce long-term capital gains tax by investing in another under construction property in Thane.

3. Power of Attorney (PoA) :

NRIs are required to grant a power of attorney to the builder or an associate to handle the property acquisition process. Seeking legal assistance can help prevent fraudulent activities and safeguard the NRI’s investment during the development phase. NRIs living abroad can grant power of attorney to trusted friends or family members to complete the property acquisition process in India.

4. Finance and Funding :

NRIs must use Indian currency and local banks to finance their property purchases in India. They need to have an NRI account with an authorized Indian bank. Financial institutions offer NRI home loan plans, requiring NRIs to invest a minimum of 20% of the property’s value and allowing them to borrow up to 80%. It is crucial to have all documentation reviewed by a legal professional before approaching a bank for funds. A certificate from the seller confirming the absence of liens and clearing of joint ownership or inheritance issues is necessary. NRIs should ensure that no outstanding debts or dues are owed to any authorities.

5. Registration Documents :

To register the sale deed, NRIs need to provide identification proof documents such as their passport and PAN card, along with current address proof documents like utility bills. Additionally, NRIs, PIOs (Person of Indian Origin), or OCIs (Overseas Citizen of India) require specific documents such as a copy of their passport, visa, passport-size photographs, PAN card, and address proof. Salaried individuals need to submit additional documents like appointment letters and bank statements for the preceding six months, while self-employed individuals require income proof, business incorporation documents, partnership deeds (if applicable), and bank statements.

Conclusion

Investing in under construction projects in Thane offers NRIs an excellent opportunity to connect with their homeland while also enjoying potential high returns on their investments. By considering property types, taxation and benefits, power of attorney, finance and funding, and registration documents, NRIs can navigate the process smoothly and make informed decisions. It is crucial to engage trusted legal professionals, deal only with RERA-registered projects and real estate brokers, and conduct thorough research before making any investment decisions. By following this comprehensive guide, NRIs can maximize their investment potential and fulfill their aspirations of owning property in Thane, India.

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Introduction

Creating a harmonious and prosperous work environment is essential for the success of any business. Many people believe that following Vastu Shastra principles in their office can bring luck, fortune, and financial prosperity. Vastu Shastra, an ancient Indian architectural science, provides guidelines for the design and arrangement of spaces to harness positive energies.

If you’re looking to align your office space with Vastu principles, here are some important guidelines and tips to consider.

1. Direction of the Office Building

When constructing an office or commercial building, it is crucial to follow Vastu principles to ensure prosperity and good luck. The direction of the office building can have a significant impact on the business’s success. For service-oriented businesses, the east direction is considered suitable. The north direction, associated with the lord of wealth, Kuber, is ideal for profit-making businesses. Depending on the nature of your business, the north, northeast, or northwest directions may also be favorable. Additionally, ensure that the property is surrounded by running roads when selecting a location for your office.

2. Seating Arrangement

Proper seating arrangement plays a vital role in maximizing productivity and promoting positive energy flow in the office. Here are some seating arrangement tips according to Vastu Shastra:

• Entrepreneurs and business owners should sit facing the north, east, or northeast directions to encourage growth and new beginnings.
• Marketing and sales personnel should face the northeast direction to enhance proactiveness. Their sitting position can be in the northwest direction.
• Account department officials should sit in the southeast corner and face the northeast direction.
• Managers, directors, and executives should sit in the southwest, south, or west corner of the office to facilitate better decision-making.

Employees should also consider facing the north or east while working, as it improves productivity. Sitting directly under a light beam should be avoided. If unavoidable, it can be covered with a wooden board to minimize its impact.

3. Office Entrance

The entrance of your office plays a crucial role in attracting positive energies. Ideally, the entrance should be in the north, northeast, or northwest direction. These directions are considered auspicious and bring positivity and financial profits. The north direction, associated with the lord of wealth, is particularly beneficial for accelerating financial gains. Ensure that the entrance is clean, clutter-free, and well-lit to create a positive first impression.

4. Creating Positive Energy

To foster a positive and conducive work environment, keep the office space clean, organized, and clutter-free. Store documents, stationery, and other items in locked cabinets when not in use. Avoid sleeping at the desk, as it can attract negative energies. When sitting in a cabin, make sure your back does not face the door to avoid feelings of distrust. Hang a mountain scenery picture behind your seat and place a turquoise pyramid on your desk to promote support and communication among colleagues.

5. Office Décor and Interiors

The colors and décor in your office can greatly impact the energy flow and overall ambiance. According to Vastu Shastra guidelines for office:

• Use bright colors for the walls, as they spread positivity and reflect light. Blue is suitable for the southern wall, while green promotes harmony and can be used for the southwestern wall.
• Place a mirror or Kuber Yantra in the north direction or on the northern wall to enhance financial health.
• Avoid piling up finished goods in the northeast direction. Instead, store them in the northwest direction to ensure smooth clearance of unsold stock.
• Place your safe in the southwest corner, facing the northeast direction, to promote prosperity and security.
• Install a water fountain in the north zone for career growth and positive energy flow. Avoid placing fountains that flow outward.

6. Office Lighting

Proper lighting is essential for creating a vibrant and energetic workspace. Natural light is considered auspicious, so try to maximize the use of natural light in your office. If possible, place workstations near windows to allow employees to benefit from natural light. Use full-spectrum light bulbs that mimic natural light for artificial lighting. Avoid dim or flickering lights, as they can create a dull and stagnant atmosphere.

Office Furniture and Placement

The choice and placement of office furniture can have a significant impact on the energy flow in your office. Here are some tips:

• Use ergonomic furniture that promotes comfort and productivity. Uncomfortable or broken furniture can hinder work efficiency.
• Avoid sharp-edged furniture, as they can create negative energy. Opt for rounded or curved furniture designs instead.
• Ensure that furniture is placed in a way that allows for smooth movement and doesn’t block any pathways or doors.
• Arrange desks and workstations in a manner that encourages collaboration and teamwork.
• Avoid cluttered and disorganized desks, as they can obstruct the flow of positive energy. Encourage employees to keep their workstations tidy and organized.

Meeting Room Placement

If your office has a meeting room or conference room, its placement is crucial for productive and successful meetings. Ideally, the meeting room should be located in the northwest or northeast direction of the office. This promotes clear communication, effective decision-making, and successful outcomes. Ensure that the meeting room is well-lit, properly ventilated, and free from any distractions or negative energy.

Office Plants

Introducing plants into your office space can bring freshness, vitality, and positive energy. Plants are known to purify the air, improve concentration, and reduce stress. Here are some recommendations for using plants in your office according to Vastu:Place small plants or bonsai trees on employees’ desks to enhance creativity and productivity.
Use money plants (Epipremnum aureum) near the entrance or in the north zone to attract wealth and prosperity.
Place lucky bamboo plants (Dracaena sanderiana) in the east or southeast direction for growth and good fortune.
Avoid placing thorny plants or cacti in the office, as they can create negative energy.

Balanced Elements

According to Vastu Shastra, the five elements (earth, water, fire, air, and space) should be balanced in the office to create a harmonious environment. Here are some tips for balancing these elements:

Earth:

Use earthy colors like brown and yellow in the office decor. You can also place a crystal or gemstone on your desk to connect with the earth element.

Water:

Install an aquarium or a water feature in the northeast direction to attract positive energy and prosperity. Ensure that the water is clean and the aquarium is well-maintained.

Fire:

Use proper lighting and incorporate the fire element through the use of candles or decorative lamps. Avoid using harsh or excessive lighting that can create a stressful environment.

Air:

Maintain good air circulation and quality in the office by opening windows, using air purifiers, and incorporating indoor plants that improve air quality.

Space:

Keep the office well-organized and clutter-free to allow for the free flow of energy. Avoid overcrowding the space with unnecessary furniture or equipment.

Remember, while Vastu Shastra principles can provide guidance for creating a harmonious and prosperous office environment, it is also important to consider practical aspects and individual preferences. Adapting Vastu guidelines to suit your specific office layout and requirements can help create a positive and conducive workspace for success.

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The eagerly anticipated inauguration ceremony of the most ambitious and monumental cluster development scheme in not just the country but also in Asia is set to take place on Monday, June 5th. The Chief Minister of Maharashtra, Eknath Shinde, along with Deputy Chief Minister Devendra Fadnavis, will be present to mark this significant milestone.

Thane city has meticulously planned a total of 45 Urban Revitalization Schemes aimed at redeveloping dilapidated, dangerous, unauthorized, and official buildings. Covering an expansive area of 1500 hectares, these schemes aim to revitalize the city’s infrastructure comprehensively.

The Combined Redevelopment Project of Colonies includes the transformation of dilapidated houses into safe and well-planned complexes, providing eligible residential beneficiaries with spacious 323 sq. ft ownership houses. Each sector will have designated spaces for festivals, religious events, and social activities, as well as amenities like libraries, gyms, health centres, and community centres. Furthermore, there will be dedicated centres for women empowerment, complete with crèche facilities, and recreation centres for senior citizens. The redevelopment plan also emphasizes the creation of wide and high-quality roads, replacing the existing narrow and congested lanes.

Renowned architect Hafiz Contractor has been commissioned to design the township, which will boast state-of-the-art infrastructure facilities, including transportation, water supply, sewage and drainage systems, solid waste management, healthcare, education, sports, recreational areas, parking, and market spaces.

This project marks the launch of the largest cluster scheme in Asia, fulfilling the long-awaited aspirations of the citizens.

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