Real estate management is a complex process involving diverse elements. Having a master plan in place determines the success of any realty venture. Visualizing a theme or concept and integrating the same into the master plan is the first step in the process of translating the visualization into an imposing real estate project. A basic master plan is a dynamic long-term planning document; it showcases a conceptual layout to navigate future growth and development. “The process of master planning is about mapping and striking a balance between edifices, social settings and their surrounding environs. An archetypal master plan includes analysis, suggestions and proposals for a project’s population, economy, housing, transportation, community facilities and optimum land use. A smart master plan factors in public input, surveys, planning initiatives, existing development, physical characteristics, and socio-economic conditions” opines Lion Dr Y Kiron, CEO of the renowned realty conglomerate, Suchirindia.
The process of formulating a smart master plan
Elaborating about building the perfect master plan, Dr Kiron says “Market study and customer need analysis is of paramount importance. It helps realtors visualize a theme or concept basing on which the project takes shape. Feasibility study is a mandatory step in shaping a master plan. It involves an objective review of available options for development and factors in elements like findings, analysis, and conclusions. These inputs are usually inferred from the visioning and scoping exercises for a specific venture. The exercise determines whether a chosen site is suitable for the intended function or not; analytics and insights are built around the financial, social and environmental aspects. The study helps the builder understand the site’s geographic, environmental and historic context. This exercise is fueled by the inputs culled and analysis formulated during the scoping phase. A strategic framework accompanies every master plan. It’s scope spans physical aspects of the project, vision, scale and scope, identifying potential change agents, an overall business case for development, strategic & tactical delivery issues and guidelines about how the strategic framework will influence design. Developing a sound spatial master plan is the next step. Key components usually include urban design & planning, landscape visualization, transportation planning, economic development, cost analysis, cultural heritage, industry specific analysis and urban sociology. Based on the first two phases, master plans establish and develop the physical and spatial elements. It generally includes determining options for land use which is later translated into three-dimensional models to identify the development needs, costs and values. But beyond all these factors, what influences a master plan in a positive way is the realtor’s ability to have a finger on the market pulse constantly.”
Aryavartha Nagari – A theme-based destination powered by a versatile master plan
Aryavaratha Nagari, a premium venture situated close to the Karimnagar highway, Rajiv Rahadari, is a resort cum landscaped plots venture from Suchirindia. It is a classic theme-based realty project powered by a versatile master plan. It is spread across an expansive 80 acres featuring 73 plots measuring not less than 200sq yds. The opulent venture has a sports arena, a water body for abundant groundwater and a scenic coliseum of epitomizing the ancient civilizations of India. “Thanks to my vast experience, I could predict the grand success of this magnificent project right at the master planning stage. We planned it meticulously factoring in every minute detail to translate our vision into concrete reality. Apart from the value-added amenities, we also included integration of 13 access roads, 2 major 40ft roads and 1 arterial 60ft road at the planning stage itself. We visualized the central architecture of the project in totality via the master plan. We could actually imagine a new age project replete with most modern amenities amidst scenic settings exuding India’s ancient architectural resplendence. The Vaastu compliant project features a host of amenities including clubhouse, swimming pool, dedicated kids’ swimming pool, gym, jogging track, private gardens, Basket Ball court, beach Volley Ball, visitors’ lounge, Table Tennis etc. Just imagine resort style living surrounded by ancient India’s architectural charm” says Dr Kiron. Website : https://suchirindia.in