MIG

Advancement in Construction Technology

Construction isn’t just building something, built can also be defined as art of making building and monuments. We have been constructing various scriptures, monuments, buildings, since the dawn of mankind. However from those periods to the modern era there’s the construction technology has been completely revolutionized. Here’s the list of most advanced construction technology around the globe one could only think of.

Advancement construction technology
Advancement in construction technology
  1. Material 10 X the strength of steel We all know steel as a most important material for the construction. And this is the only material we can due to its physical properties, especially strength. How about any material much lighter but having more strength than steel, AMAZING! Yes, one more amazing fact about that material graphene is actually from the parent component graphite one of the world’s softest metal. Just changing the molecular configuration from 2-D to 3-D can make the softest the world’s strongest. Graphene is currently developed at MI, Boston and researches are currently going on towards a whole new world of its applications.
  2. Fatigue Sensor Most of us here would have seen the movie “3 IDIOTS”, where Rancho asked engineers haven’t made any machine that could measure the stress. Well we thing that engineers at SMART CAP must have taken this way too seriously. Yes, now they have developed a hat that can measure the fatigue levels of the workers, known as head band, which could be attached to the hard hat of the workers. This cap is developed for mining construction workers and is currently being tested by the BAM NUTTAL who is one of the biggest mining contactors in the UK.
  3. Self-driving construction vehicles

Google is developing a self-driving tech for consumer usage known as WAYMO. Inspired from this engineers at COLARADO DOT, developed a same concept vehicle but just a much bigger one which wouldn’t be used to carry passengers but building materials. There are currently two vehicles developed namely AIPV (Autonomous Impact protection vehicle) and ATMA (Autonomous Truck Mounted Attenuator). These trucks use the GOS systems to check and control their distance, acceleration and speed. The path may either be as in form of a fixed program or programmable as per the requirement of the model.

  1. 3-D print structures

Most of us here know about the 3-D printing technology, creating objects and small tools from it. How cool it would be if we could just 3-D print a whole building. This is also not futuristic tech anymore. This is a joint project for MIT and Russian Apis co-robotic arm. The robotic arm used is a sophisticated one which uses a special concrete hat can build a structure in a single day. The robotic arm is designed to be self-sufficient, as it can be powered using variable power sources such as solar o battery powered. Is especially designed for disaster or distress situations where it can be deployed to build shelters just in a day even at the remotest locations.

10 Top Locations in Lucknow for Your Dream Home

Lucknow is an upcoming smart city in North India. The city offers a good blend of luxuries of a smaller town and the advantages of a metropolis. The social infrastructure of Lucknow has made it one of the most desirable cities to live in. Lucknow is slowly emerging as a residential hub. Great homes within an affordable price range sweeten the deal for home buyers. Due to this, several real estate developers are building world class residential properties in Lucknow. A quick search on the internet will throw across 500+ names and the projects developed by them.  There are approximately 1029 ongoing and developed projects in Lucknow. The starting price is as low as INR 4.5 lakh for certain areas. A potential home buyer is clearly spoilt for choice!

The dilemma that you may be faced with is finding out the ideal location for your dream house. How do you know which are the best locations of Lucknow to live in? Surely, you don’t want to invest in a property which is at a very remote location? To ease your worries, we have put together a list of the top 10 locations in Lucknow for your residential property.

  1. Gomti Nagar Extension Lucknowgomti-nagar-extension.jpeg

This is top choice for anyone who wants to buy a Flats in Lucknow. Gomti Nagar Extension Lucknow is a purely residential area. It has been developed by the Lucknow Development Board. It also houses several government offices and is a commercial hub. Gomti Nagar Extension offers homes which give you maximum open space. The roads in Gomti Nagar are broad and well connected. It also has a number of shopping malls, cafes, marine drive and parks. Bonus point is the amazing connectivity offered by the Lucknow Metro. In the last few years, Gomti Nagar has also witnessed several residential projects. The starting price of a 1 BHK flats in lucknow in Gomti Nagar is INR 27 lakh.

2.Hazratganjflats in hazratganj in lucknow

Hazartganj is truly the heart of Lucknow. It is one of the posh residential neighbourhoods. There is an understated Victorian charm about Hazratganj which makes it an ideal location. It is also home to who’s who of Lucknow.  Hazaratganj houses the famous biriyani places as well as the first shopping mall of Lucknow. Given it is a posh locality; the property prices are slightly higher. The starting price for a 1BHK is approximately INR 80 lakh.

3. Alambaghflats for sale in alambagh in lucknow

This locality is known for historical reasons. The area was converted into a fort during the sepoy mutiny of 1857. Over the years, it has also become a preferred choice for home buyers. Alambagh offers a great lifestyle and a host of amenities too. Cafes, malls, schools and colleges are located close by. It is also close to the Lucknow- Kanpur highway. The airport is easily accessible from Alambagh. As an upcoming residential hub, you can score a property for as cheap as INR 4.5 lakh.

4. Jankipuramjankpuram2

Jankipuram is a prominent suburb of Lucknow. The area has developed a lot over the last few years. Far from the maddening crowd of the city, Jankipuram is for those who want a quiet and peaceful life. At the same time, it has a great infrastructure and access to a number of amenities. It is well connected to all major areas of the city. You can easily land a 2BHK at Jankipuram for about INR 28 lakh.

5.Mahanagarflats for sale in mahanagar lucknowAnother great locality for a residential house is Mahanagar. It has a lot of open spaces and large plots. It is well connected to Gomti Nagar, Aliganj, Hazratganj and Kapoorthala. There are a number of great stores around this area as well. The average price for a spacious 2 BHK would be close to INR 70 lakh.

6.Indira Nagarindiranagar

It is a high end residential area. It is divided into block and sub-blocks. There are many car showrooms which are located in Indira Nagar. It is well connected to the other parts of the city. A lot of independent houses are also available in Indira Nagar. The average price of a 2 BHK will cost you around INR 24 lakh.

7.Sushant Golf City

sushant golf city one2

This is a township which is spread across 6465 acres. Located on the Lucknow-Sultanpur Highway, this can be termed as a modern township. As the name suggests, it has a sprawling 18 hole golf course. It also offers luxury villas, great landscaping, malls, cafes and a great club house with all the facilities. You can own a home in Sushant Golf City for approximately INR 55 lakh.

8.Ashiyana Colony

This is known as the Bengali area of Lucknow. It is a very peaceful and quiet neighbourhood. Ashiyana is blessed with lots of greenery. It is well connected to all the main areas of Lucknow. It also offers easy access to shops, malls and gyms. You can find a 2 bedroom independent house in this colony for about INR 36 lakh.

9.Amar Shaheed Path

amar shaheed pathAnother modern township is Amar Shaheed Path. It has emerged as a world class residential colony. All the houses enjoy lush green surroundings. A number of luxury villas are available for purchase in this residential hub. The location is well connected to airport. It is also self sufficient with access to a number of amenities such as malls and cafes. The average price of a house in this area is approximately INR 65-70 lakh.

10.Aliganj

It is one of the oldest and well planned residential areas of Lucknow. It is close to Jankipuram. Aliganj has a great connectivity to the rest of the city. It also offers access to the best schools, malls and restaurants. You can purchase a 2BHK in Aliganj for approximately INR 40-45 lakhs.

Reference:

https://www.99acres.com/new-projects-in-lucknow-ffid

https://www.99acres.com/property-in-aashiyana-colony-lucknow-ffid

How a middle income person can buy a HOUSE – “Kyunki Apna Ghar toh Apna hota hai”

Have you ever thought that if money was never an object you could have bought your dream house? That might be a cozy villa having a private garden as well as swimming pool or a private condo having sea view like it is shown in James Bond movies. Thinking? You might go out of your budget.

Everyone has an idea of their dream homes but as money as an object comes into the picture your aspirations are toned down. Most of the home-buyers when decide to convert their dream home into reality by stretching their finances they might end up denting their finances. But not anymore, affordable housing scheme helped many people to fulfill their dreams to buy their own house. The slowdown in real estate sector also lightens the burden of the buyer. A few years back rates of the property were hitting the roof but today home-buyer can a find a place to dwell for spending their life with their family.

The vision of Modi government that every citizen of India has their own house by the end of the year 2022. To back this vision the government is pursuing and encouraging the builders to come up with projects that fall under affordable housing schemes. Under this scheme, the target is to make house between 10lakh to 30lakh so that lower and middle class group can afford it. Even the home loans are available at a very economical rate. This will lead to increase the quality of living standard of people.

Projects under the affordable housing schemes are launched in states Punjab, Uttar Pradesh, Rajasthan etc. and the state government is providing all the possible assistance to the builders. As per Times of India, their government has made two classifications for Middle Income Group (MIG).

  1. MIG-I having an income of 6-12 lakh will get loan up to 9 lakh with interest subsidy of 4% for a tenure of 20 years. Therefore at the end of tenure, the borrower will end up paying an interest subsidy of 2.35 lakh for 9 lakh.
  2. MIG-II having an income of 12-18 lakh will get loan up to 12 lakh with interest subsidy of 3% for a tenure of 20 years. Therefore at the end of tenure, the borrower will end up paying an interest subsidy of 2.30 lakh for 12 lakh.

The Housing and Urban Development Corporation (HUDCO) and National Housing Bank (NHB) have been acknowledged as central nodal agencies to channelize this subsidy to the lending institutions, including banks and financial institutions. Therefore, small banks, non-banking finance companies and micro-finance institutions will be recognized as primary lending institutions under the scheme.

Additional loans are also available at a non-subsidies rate. Under the scheme, widows, single working women, persons belonging to SC/ST, OBC, differently abled and trans-genders will be given preference.

Paarth Infrabuild, Real Estate Developers, Lucknow, Uttar Pradesh, India