Wednesday, July 31, 2013

Premia Group Sponsor "Amanuday Rakhee Teej Bazaar", CSR Event for ‘empowering’ women

The event was organized at Rajwada Palace in New Delhi to mark the celebration for the forthcoming festivals. Decorated with jhoolas (swings), flowers and lehriya dupattas, the one day Rakhee Teej Mela featured best of jewellery shopping, designer wears, accessories for the women, apart from that, the customers were indulged in mehendi; tattoo; nail art; handbags; bangles; bindi; designer rakhis, free makeover session by a leading cosmetic brand and other fabulous items.

Mr. Tarun Shienh and Alia BHatt at Premia Group Sponsored Amanuday Rakhee Teej Bazaar CSR Event

Dr Aruna Mukim, President of Amanuday, said, “Teej is a much-awaited festival for women as it denotes joy, hope and a much needed break from their daily household grind.
They get an opportunity to indulge in traditional customs such as applying mehndi, shopping for new jewellery, riding swings and feasting on ghewar and fenni. Keeping this in mind, we have tried our best to create an exotic ambience that celebrates both the festivity of Teej and the spirit of saawan (monsoon)."

“I thank Alia Bhatt to take out time to support the Rakhee Teej Mela that we have organized for a cause. I am also honoured to be supported by the esteemed personalities of our country like Saifudin Soz and Tarun Shienh (CMD Premia Group & The Real Estate Guru), Javed Akhtar, Priya Dutt, Anjum Chopra and many more, some of them have also managed to show their presence today despite of their busy schedule, as they stand by our organization for the upliftment of the underprivileged women.”

Tarun Shienh  (The Real Estate Guru & CMD Premia Group), said, “I am honoured to be part of the event, being an entrepreneur & citizen of India, it is my first responsibility to help the society in all ways I can. I was touched when I learnt about Amanuday that how they are supporting underprivileged women and helping them grow by giving them Vocational training for various skills, with which they are able to earn better and support their family and children in a better way.”

He added, "I feel good when I do something for the needy or for the society, and I feel we all should join hands to work for the upliftment of these underprivileged women and children as this would lead us to success”.

Premia Group Sponsored Rakhee Teej Bazaar, CSR Event

Wednesday, July 17, 2013

Premia Group Organized Bhoomi Pujan for India's Corporate City,Premia Corporate City

Premia Group organised the Bhoomi Pujan for one of the most awaited and well planned commercial projects in Greater Noida – India’s First Corporate city. Premia’s well planned Corporate City in Greater Noida West...will be a project of its own kind. Premia Corporate City is most promising and innovative commercial real estate project which would offer a complete corporate city experience that includes 5 Star Hotel, Corporate Offices, Service Studios, Retail Mall, Golf Course, an Amusement Park, Theme Based Restaurants, Cultural Food Courts, Clubs and an endless list of one of a kind facilities & services.
The three side open plot gives panoramic view while travelling from the expressway. Premia Group ushers you into a whole new world where the best of natural beauty meets man-made luxuries
Renowned Real Estate Veteran and visionary Entrepreneur Mr. Tarun Shienh, who has over 18 years of rich and diverse experience in Real estate and Financial service Industry, have planned this project, which would give world class facilities and would be one of its kind. This first corporate city will fulfill the entire needs of urban class consumer with new definition of luxury.
The Real Estate Guru, with his experience and after understanding the problems of any project has taken extra care to plan this project which would showcase  Unique feature, design and architecture....that would differentiate Premia Corporate City from other projects and would set a benchmark with its classic quality and world class construction standards.
Tarun Shienh has a vision to elevate the real estate industry to the next level…by providing innovative & customized end-to-end solutions to the customers be it in Residential Projects or Commercial Space. He sets a success story through his commitments, innovative thinking and strong leadership qualities.
Tarun Shienh, The Real Estate Guru, while talking about the Premia Corporate City says, “This is my first commercial project and I have planned this Premia Corporate City with a concept to give all facilities within that premises. As we all know that the stress level is increasing day by day for people working in corporate or other places. But these days corporate and MNC’s are also working very hard towards the benefit of their employees, to shell out the stress. So my Corporate City is planned in a way that would give all facilities like 5 Star Hotel, Retail Mall, 2 Types of Clubs (5 Star Club & Sports Club), Amusement Park (Free Entry for Residents of Villas), United Flavors of India (Free Entry for Residents of Villas), Spa Facilities, International Gym, Lawn Tennis, Badminton, Billiards, Table Tennis, Basketball Court etc., Golf Putting, Theme Based Restaurants, Bar and Lounge, Multiplex, Food Court, Banks & ATM, Banquet Hall, 24 Hour Coffee Shop, and much more where they can just walk in and relieve stress.”
He further added, “My entire team is committed and working hard to make this project a success. As per the costing is concerned we have kept in mind the budget of all classes. The starting price of the office space ranges from Rs 5 lacks and the investment goes up to crores. It would be a project of its own kind with world class construction and facilities, which is planned, keeping in mind the requirements of the corporate, MNC’s or people who come to India for work. For such category of people we have planned Corporate Studio’s, with a space of 300sqft. The corporate studio can be used as Office Cum Home (OCH).Office during the day time can be convertible to home during nights.It will have Director Cabin, 2 Work Stations, Business Lounge with Sofa Cum Bed, Attached Bathroom and Pantry.”
Corporate City is a commercial project that has dedicated corporate towers with different category of offices as per as consumers choice and satisfaction. The space and required facilities are planned in all corporate offices and Business Centre.  Star attraction of this corporate city would be, Exclusive lobby, conference room, convertible work stations, theme restaurants, banks and ATM, Coffee shop, Spa, International Gym, Bar, Multiplexes, Business Centre etc. The team believes in quality life so while designing the corporate city special care of kids have been taken, kids zone and crèche are beautifully designed keeping in mind all requirements. Premia Corporate City will also have its door open for Masses as it would be a complete Corporate and Shopper's destination with unmatched range of services, facilities and amenities of world-class standards.

Monday, July 8, 2013

Thursday, July 4, 2013

Mr. Tarun Shienh (CMD-Premia Group & The Real Estate Guru) talks on "Real Estate Regulatory Bill 2013"

MILLENNIUM POST (1st July 2013) NEW DELHI: Consumers willing to invest in property from their hard earned money will finally get relief from frauds and misleading information by some misleading bodies in the real estate sector. The long-pending real estate bill, approved by the Cabinet recently, will pave the way for providing much needed transparency by seeking to regulate India’s largely unregulated housing sector. By applying this bill to all projects above 4,000 sq mtrs, the ambit is quite large and seeks to cover all major private residential developments across the country.

By imposing strict regulations on the promoter, the Bill looks to ensure that construction is not only completed in a timely manner but that on completion, the buyer gets the property as per the specifications that he had been promised.

Real estate contributes the most to the economy. So it is very important for the industry to attract young talent. Our sector had a dire need for such a Bill to make it transparent. The other need of the real estate sector is to have more professional courses in colleges to attract young talent to the industry. With more professional and educated players in the field, real estate sector can flourish in India and contribute more to the Indian economy.

The Bill works both ways. While it aims to hold developers accountable, it also looks to ensure that allottees do not default in making payments. Thus, by providing penalties for both the promoters and allottees, the Bill seeks to ensure that noncompliance is minimal. On enactment, the Bill seeks to ensure that real estate transactions are carried out in a just and equitable manner.

However, a bigger concern that still remains unaddressed is the definition and measurement standards for carpet area. Since the definition mentioned in policies and laws tend to be subjective, the carpet area is interpreted differently and calculated such that it amounts to a higher area than actual. And this problem is not unique to India. It exists in many parts of the world. The Real Estate (Regulation & Development) Bill will improve buyer confidence and boost demand for residential real estate. The Bill will incorporate mandatory disclosure clauses, which would provide greater clarity on the project standards and time-lines for completion.

For developers, while this bill implies stricter regulatory control, it will also translate into better demand, as buyer confidence improves. In terms of supply, delays in handover of projects are likely to decline as clauses mentioned in the Bill mandate strong commitment from developers to complete projects as per schedule.

Mandatory registration of projects and real estate agents will promote fair and ethical practices within the sector. Mandatory disclosures of project details to public will ensure an environment of transparency for the consumers. The compulsory deposit of 70 per cent of the project collections in a separate bank account will infuse some financial discipline with the developers and also promote the timely execution of projects.

This Bill will bring clarity among the customers regarding their invested projects and benefit them in a larger way than anticipated. It is one great initiative by the Government to bring all developers under one roof of regulations. On an overall basis, this is a move in the right direction and at an opportune juncture, when the sector is facing the heat from all directions, this will definitely bring in fresh breath of air for all the stakeholders.

Developers often start multiple projects and redirect money for one project towards their other projects. This harms the project by reducing investment in that project, causing long delays in its completion leading to distress among the consumers. The Bill will make it mandatory for a developer to keep separate bank accounts for each project. This will ensure transparency as the developer cannot divert money of one project to another.The best feature of this Bill is that disputes with consumers will be handled through the establishment of fast-track resolution mechanisms, reducing the worries of consumers and helping them in getting justice at a faster pace.

However, the only hurdle in this road to development is that part of the Bill which makes it compulsory for developers to get clearance from the relevant authorities before launching any projects. If this part of the Bill is not implemented properly and the clearance is not given in a timely manner, it can lead to long delays on the part of the authorities, worsening the position of both the consumers as well as the developers.
                                   --   Mr. Tarun Shienh (CMD-Premia Group & The Real Estate Guru)
 Mr. Tarun Shienh - The Real Estate Guru Millennium Post