6 Reason Why Kids Deserve a Childhood

Remember the number of real friends you made every day when you stepped out of your house to play? Or the physical training lectures? You learnt new skills, gained independence, felt an increased sense of belonging, and of course, got a good night’s sleep. Seems like another era.

The last decade has seen a flurry of technological revolutions, especially in entertainment, and while change is good, technology has also resulted in misplaced notions of childhood. A growing number of experts are stressing on the importance of taking children out of their rooms and putting them back on the grounds for some outdoor play. We bring you the advantages from across the board.

Social skills

Playtime brings together a peer group in a highly interactive environment. Playing with others, be it outdoors or indoors helps children develop social skills. For instance, not everyone gets to go down a slide at one time. Children take turns and follow that rule. This simple action inculcates a sense of responsibility, the ability to be considerate towards others and also teaches children the fundamentals of harmonious behavior required to be a good citizen.

Helps unwind

In the competitive times that we live in, even children are not spared from a busy schedule seeped in performance pressures; be it in school or doing well in the hobby classes that parents enroll the child in. Playtime provides a window to children and gives them an opportunity where they are untouched by any stress. This goes a long way in preventing any negative psychological impact like anxiety and depression.

Increases attention span

Playing for prolonged time requires children to pay attention to the game. Often children chose their groups, develop or decide on a game and go about playing it for hours. The intensive sessions greatly help in increasing children’s attention span.

Cognitive development

When children modify and create new games, it develops their ability to be creative, think abstractly, solve problems, master new concepts, listen and perceive the viewpoint of others and a lot more.

These are all life skills that organisations want to see on an executive’s resume and are essentially being developed on the playground.

Motor skills

A simple game like playing ‘catch’, develops important hand-eye coordination. We often take coordination of different parts of our body for granted, but in reality we would not have been able to multitask in our jobs or even text while we walk if we had not played that quintessential childhood game.

Exploring interests and building an identity

Playtime throws open a sea of possibilities for children to explore. As they move on from soccer to mechano set, from Ludo to DIY crafts, children start recognizing their areas of interest be it outdoor sports, technically stimulating games or playing with colours. Based on the interests, children gradually carve out their identity. This goes a long way in some critical decisions at a later stage in life like choosing the career path or pursuing a passion. Common interests also help people build friendships.

In this world, children explore trees, gardens, libraries, learning-rooms, fun rooms, parks by themselves.

At Rustomjee, we believe children deserve childhoods. So across the city, our buildings have specially planned spaces for kids of all ages.

Four Walls and a Home

Four walls make a house, but it’s the hearts that beat there and the memories they carry with them that make it a home. Those warm moments you share with your family, the little anecdotes that are hidden in every corner is what breathes life into those walls.

Even the most exquisitely designed house is incomplete till it goes through the journey of transforming into a home. It’s a place you long to come back to after a hard day’s work. It’s a place you carry with you.

What is it then that makes this transformation? We list down few easy steps:

Spend time at home

While the world is full of distraction, spending a few hours with the ones you love serves as a much-needed anchor and highlights those aspects of life that matter the most – love, togetherness, sharing, even those little tiffs.

Gone are the days when parents stayed aloof and maintained a distance from the children. Today, bonding with children and being friends with them goes hand in hand with being both supportive as well as disciplining them. It’s the time that children spend with their parents and siblings that create a lifetime of memories for them.

Simple actions like dinning together, playing a sport or swimming on a sunny day, snuggling into a cozy room with a board game or just singing your heart out can be effective in bridging the generation gap.

Invite happiness

The size of your house is immaterial if it has a vibe that makes everyone feel welcome there. Your home is a place where anyone can be invited without worrying much about perfection. Invite your friends and neighbours over for a meal occasionally. You could also watch a movie together.

While the four walls provide shelter, the people in the room and the positivity they create is what nourishes your soul. Share stories, laugh at jokes, and discuss topics that matter to you and the world, and your home gets a big shot of energy.

Make memories

If you’re surrounded by people and laughter, you’re busy making memories. More often than not, when you leave a house, you don’t miss it for the design or the décor. You miss it for the people who helped convert bare walls into a place to enjoy what life has to offer. We miss the laughter and the tears. We miss the people with whom those memories were made.
A lazy afternoon with your daughter at the pool, an exciting game of tennis with your son, a quiet romantic dinner with your partner or a gala evening at the clubhouse is all available at the push of an elevator button. Rustomjee thoughtfully designs houses that encourage you to spend quality time with your family by making available ‘everything in one place.’

A MATTER OF TRUST

Global City

On October 10, Securities and Exchange board of India (Sebi) released consultative guidelines for the operation of REIT, five years after delivering its first draft on the subject, in 2008.

Currently, individuals either have to invest in property directly, or through closed ended funds with a minimum transaction size of Rs. 1crore. With REIT you could invest with small sums, receiving proportional returns.

Once the Real Estate Investment Trusts come into effect, individuals can invest in property funds even with small sums of money.

Read more: A MATTER OF TRUST

Bolster your portfolio: Real Estate Investment Trusts may start operating in India soon

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On 10 October 2013, the Securities and Exchange Board of India (Sebi) issued a consultation paper on draft Real Estate Investment Trusts (REITs) Regulations, 2013. Once it has received feedback from the public, the regulator will come out with the final regulations on REITs. Thus, it appears that after a long wait REITs may finally start operating in India soon.
Asset allocation requires rebalancing, which means that every six months or so, you sell a part of the asset class that has outperformed and buy more of the asset class that has under-performed. At present it is impossible to apply the asset allocation strategy to real estate. Suppose you buy a second house for investment. Since the ticket size is large, in case of most investors the house comes to occupy an overwhelmingly large portion of their investment portfolio.

Read more: Real Estate Investment Trusts may start operating in India soon

Real opportunity

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With the Securities and Exchange Board of India (Sebi) proposing to allow Real Estate Investment Trusts (REITs) in the country, the stage is set for investors to tap the real estate sector. Globally, these are common investment vehicles which pool investors’ money and invest in revenue generating assets, such as building, offices, warehouses and malls, and distribute a major part of the earnings among the investors.

A KPMG research note said the Sebi move will revive substantial investor interest in India’s subdued real estate market. “REITs are a positive move towards a more professionally organised and globally well accepted framework for funding real estate development. The move will also reduce individual speculation in real estate assets,” the note said.

Redevelopment can create 2.5 lakh housing units: Expert

Redevelopment can create 2.5 lakh housing units -Expert-DNA- Oct 24,2013-Pg03

The successful implementation of the cluster development scheme and redevelopment of cessed buildings will generate at least 2.5 lakh housing units in the city.
According to Liases Foras, a real estate research firm, the redevelopment of cessed buildings will generate 1.50 lakh housing units, while the implementation of cluster redevelopment will create 26,272 housing units after rehabilitating the existing tenants. According to a conservative estimate, if the entire 16,000-odd buildings are developed in a cluster mode, the city will get 2.5 lakh housing units, said an expert.

“There is no virgin land available in the island city and redevelopment is the only option,” said Paras Gundecha, former president of Maharashtra Chamber of Housing Industry (MCHI).

Mumbai real estate units up 30% in H1 2013: Cushman & Wakefield study

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Mumbai witnessed the launch of approximately 18,000 real estate units during the first half of 2013; representing an increase of 30% compared to the first half of 2012. Of the total launches, 30% were witnessed in the western suburbs of Mumbai which had the highest share in new launches at locations like Andheri, Bandra, Malad and Goregaon. The prominent submarkets of South, South Central and Western suburbs prime witnessed substantial increase in capital values in the range of 17-24% over the past year due to low availabilities of quality ready apartments.

To know more: Mumbai real estate units up 30% in H1 2013: Cushman & Wakefield study

Real Estate Regulation and Development Bill 2013 a positive step

The National Real Estate Developers’ Council (NAREDCO) wants rules and regulations governing real estate sector to be rationalised. It said large portion of the inconsistencies emerge from archaic laws, guidelines that conflict with the development agenda of the economy, disparity in incentives given to larger projects as against the same given to smaller projects.

While the industry welcomes the positive intent of the government, we believe that the momentum gained should be utilised to iron out some of the issues. This will not only help to unlock projects worth over Rs. 10,000 crore, but will also catalyze the economy with more vigour and vibrancy.”

Click here: Real Estate Regulation and Development Bill 2013 a positive step

HDFC India Homes Fair – London 2013

At HDFC’s India Homes Fair that was held in London, our representatives presented our upcoming and ongoing residential properties across Mumbai and our townships in Thane and Virar.

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Afternoon: Consumer-Friendly Real Estate Bill To Come Up In Parliament

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Click image to view full size

The government is all set to introduce a buyer friendly real estate legislation which aims the consumers and bring transparency in the sector in the Monsoon Session of Parliament.

The Monsoon Session of Parliament will begin on August 5 and the Bill, after its introduction, is likely to be reffered to the Standing Committee of Parliament for examination.