For centuries, the deep-rooted yearning to explore and discover has driven people across the globe to seek new opportunities and lifestyles. The world’s migratory birds, one of the miraculous wonders of nature, with their unerring ability to navigate vast distances, somehow leave us in awe and admiration. We, the human race, can take cues from them, seeking a seasonal change in our lives in the form of geographical locations. A search for a better career, a higher standard of living, or the opportunity to start over – are but a few motivations that lead us to explore new territories. And when the time finally comes when our hearts call us to our homelands again, a peaceful place to lay our heads prevails integral – our piece of land or house that can be called home.

The non-resident Indian (NRI) population has, more than ever before, begun to realize the benefits of investing in property back in India. Not only can this result in potential returns, but it also serves as an emotional connection of sorts.

Investing for financial gains and emotional connection is just the icing. In addition to these benefits though, the NRIs have a slew of reasons to purchase property in India, from financial gains to even cementing ties with their homeland.

Cashing in on India’s booming Real Estate
India's real estate economy is set to skyrocket to an unprecedented US$1 trillion mark by 2023 – and NRIs stand to reap great rewards from this thriving market. The residential segment, in particular, is set to attract a substantial amount of NRI investment, with Bengaluru leading the charge, followed closely by other major cities such as Chennai. Reports from the third quarter of 2021 demonstrate a significant surge of 113% year-on-year in home sales across seven major cities, delivering a much-needed boost to the real estate sector. In light of this promising data, NRIs are being presented with a golden opportunity to invest in a property that is still on the rise – with the potential to convert the asset into a lucrative source of income, should they choose to monetize.

Breezy property acquiring process
The government understands the obstacles that hindered prior Non-Resident Indians (NRIs) from investing in India and has consequently created measures to facilitate the property-buying process. According to the Foreign Exchange Management Act, Section 3.1.1, NRIs and Overseas Citizens of India (OCIs) are capable of purchasing any immovable asset, barring agricultural lands, plantations, and farmhouses. Consequently, NRIs are now permitted to purchase any kind of real estate, apart from the above exempted specified.

Paying for the property is simple too!
In light of simplifying the process of acquiring property for Non-Resident Indians (NRIs)/Overseas Citizens of India (OCIs), the Foreign Exchange Management Act (FEMA) permits two options for payment, namely

1.  Incoming remittances from lawful channels from countries outside India or 
2.  Funds held in a non-resident account.  

These are signals that buyers may remit money from abroad or from their respective Non-Resident External/Non-Resident Ordinary accounts held with an Indian bank. Notably, foreign currency notes or traveler’s checks are excluded as payment methods.

External Funding to buy property
Oftentimes, it is not feasible for NRIs to pay for the property in its entirety. Fortunately, a notable list of Indian Banks is catering to providing property loans to NRIs, circumventing the need to obtain finance in a foreign country. It is important to keep in mind that banks do not transfer loan amounts to buyers directly, but rather to the seller or developer. For loan repayment, NRI investors can access their Non-Resident External (NRE) account or Non-Resident Ordinary (NRO) reserves.

Unable to travel to India to buy the property? Outsource it!
A major concern of some NRIs when considering buying a property is the inability of traveling to India to complete essential transactions and other legal formalities. The good news is that an extended stay is not required! By granting a Power of Attorney (POA) to someone in India, NRI customers can authorize the individual to pursue the real estate process in their stead. Obtaining a power of attorney is as simple as getting the document attested in the presence of the designated consulate authority in the Indian embassy of the respective foreign country.

RERA, a game changer
With the introduction of RERA, NRI property buyers now can heave a sigh of relief as this legislation has incorporated fair play for both buyers and sellers. With NRIs being out of the country, it is difficult for them to track progress. But, with RERA the builders are now accountable and are obliged to complete the project within specified timelines, failing which a penalty is imposed on them. Not that alone, builders also need to provide the buyer and RERA with frequent updates on the progress of the project, thereby bringing more transparency to the whole process.

In the pre-RERA days, the primary reason behind delays in the project was largely due to the inappropriate use of funds. But, with RERA now demanding that builders set aside 70% of the received funds to cover the cost of land and cost of construction, misappropriation of funds is eliminated thereby helping builders to deliver projects on time. The builder will now be able to withdraw funds in proportion to the percentage of completion of the project.

The amalgamation of transparency, accountability, and methods for timely completion, RERA has rendered buying property in India incredibly beneficial for NRIs.

And hence the perfect setting…
Simplification of key processes such as availing loans and making payments, elimination of legal hassles, and adaptation of RERA by the respective governing bodies have significantly reduced the legal chaos and administrative burdens placed on NRIs. Undoubtedly, the current atmosphere is optimal for NRIs interested in investing in Indian real estate.    

About 5 years ago, along the western side of Old Mahabalipuram Road, in the southern part of the city, what used to be a relatively quiet and underdeveloped area on the outskirts of Chennai is today booming with vibrant Chennaites. Ponmar, not too far from the bustling city and surrounded by lush green landscapes, has its own quaint calmness and is brimming with tasty groundwater and good watershed.

It has seen a steady land rate appreciation over the past few years, especially between 2019 and 2021. In the past year, the land rates at Ponmar have sprung up by nearly 20%! This spike can be attributed to many factors that are interlinked with each other.

Its Strategic Location plays an important role!

One of the major reasons for the tremendous growth of this locality in the past few years is that it is right at the crossroads between OMR and Grand Southern Trunk Road, and in proximity to the major IT Parks located in southern Chennai. Situated just 10 minutes away from SIPCOT, this has become one of the most preferred residential localities for the IT crowd.

This, in turn, leads us to the next big reason - Ponmar being a major attraction for high-end residential and commercial developers.

This area is one of the fastest-growing neighborhoods in South Chennai, Real Estate has been booming with all the big players in the industry contributing towards the increase in high-end residential and commercial developments, especially in the year 2019, with commercial and retail establishments further fuelling its growth in 2020. This locality offers a wide range of housing options from budget-friendly apartments to luxury villas.

Fast-paced and quality real estate development in recent years could be attributed to considerable improvement in its Infrastructure. With easy access to key educational institutions, shopping malls, entertainment centers, healthcare centers, and high-end residential complexes amongst other amenities, this area has become much more vibrant and attractive to potential residents.

Connectivity is yet another major player in blooming Ponmar land rates, especially with its improvement in the year 2021. Well-connected within Ponmar and to other parts of the city with good roads, buses, trains, and autorickshaws, the public transportation here is almost at par with the rest of Chennai, thereby leading to an increase in demand for space.

Overall, the land rate appreciation in Ponmar has been driven by a combination of factors such as Quality Housing Options, Improved Infrastructure, Increased Residential and Commercial establishments, and Excellent Connectivity. Each of these has been a driving force in its own way to make Ponmar what it is today.

Crossway Springs at Ponmar by Stone and Acres is spread across more than 100 acres and is home to multiple integrated communities. Visit the All Projects page to know more about this.

Chennai, located in south-eastern India and known for its rich cultural heritage, has witnessed dizzying scales of development and urbanization over the past few decades. Such rapid growth often involves certain areas within the city contributing to its rapid growth. One such key contributor to Chennai is the location of PONMAR.

Then and Now
Ponmar, once a quaint place, is transforming steadily into a semi-urban locality. Given its proximity to the Old Mahabalipuram Road (the OMR), popularly referred to as the IT Corridor, this is one of the famous routes that one would take to enter Ponmar.

Its co-existence with Nature
As you tread through the streets of Ponmar, you will realize how Nature has played her role too. Ponmar possesses natural beauty and rural charm. The area is surrounded by lush green forests and rolling hills, offering its residents a scenic environment to live in.

The key contributor to Ponmar’s growth lies in its bountiful levels of groundwater. Apart from abundance, the quality of the water and its minimal TDS (total dissolved salts) values that sweeten its taste is a bonus. The groundwater level is so substantial that it makes the accessibility to water, a scarce resource in Chennai otherwise, a seamless luxury. Needless to say, the soil is fertile, making homegrown vegetable gardens and greenery a possible existence on every property.

Blending with Urban Life
One of the key advantages of Ponmar is its proximity to the City of Chennai, opening doors to the city’s many amenities and job opportunities.

• Access to healthcare facilities and educational institutions is seamless
• With a plethora of Tech Parks, ranging from SIPCOT to Chennai One IT SEZ, all falling within a 10 km radius makes connectivity and access to the workplace a breeze
• With the growing number of Tech Parks in Chennai surrounding this area, the property value may surge in the coming years
• The area is well connected by road and public transportation, and traveling to the other parts of the city is delightfully convenient

In conclusion, Ponmar is a vibrant and diverse city that offers a rich cultural heritage, modern amenities, and a thriving economy, which makes this one of the most sought-after residential areas for people looking for a quiet and rurally urban lifestyle in proximity to the city.

When Stone and Acres was started, the intention was to focus on bringing about a cultural change in two major aspects that make a difference in the real estate industry. One is, to be a transparent player, and the other is to deliver more than just build-ready plots.

Our Moral Values

Transparency is an important factor in the real estate industry that is largely grey. We believe that buyers should be fully informed about the details of their purchase and be able to trust that they are getting the best value for their property. To this end, we provide full disclosure of all information related to the land, its location, and any other pertinent details. We also strive to keep buyers up to date with the latest trends in the industry, so they can make the most informed decisions.

Our Passion

As for delivering more than just build-ready plots, we understand that for an investment as huge as this one, the buyers look for more than just a piece of land that is ready to be built on. They look forward to the experience that creates lasting memories. As land promoters, we strongly believe that developing a piece of land has a positive impact on the environment and the people who live nearby. We strive to make the most of the land we develop by creating beautiful, liveable, and safe spaces that paves way for vibrant communities to thrive. And this is why, we are very passionate about building community spaces that focus on various factors such as landscaping aesthetics, usefulness, and a provision for the resident to lead not just a healthy, but also an air-wealthy lifestyle to ensure that our buyers get a complete package.

As for Landscaping Aesthetics, a well-maintained and visually pleasing landscape adds value and character to a property, and in the course of time, to the economy. It helps provide a sense of the kind of lifestyle that one would be leading such as living amidst themed amenities or a vibrant garden landscape. Great landscaping is a reflection of the time and effort that has gone toward building the property.

Residing in a community with access to Useful Amenities such as a co-working space, fitness parks/centres, proximity to prominent destinations that have a huge impact on our day-to-day lives, etc., paves way for one to lead a life of comfort, convenience, a good work-life balance, and a Healthy Lifestyle.

Large open spaces and lush greenery enrich one’s quality of living by enabling one to lead an Air-wealthy lifestyle. In current times with overcrowded cities, it is nothing short of bliss to be able to breathe in non-polluted air and live amidst calmness and tranquillity whilst staying in proximity to the main city.

We believe that each of these factors and much more play a vital role in creating a more vibrant and successful real estate market that has a huge Impact on the Economy, Infrastructure of the locality and Land Rate Appreciation. We believe that this is the best way to create a better future for our communities and the planet.

And, Why we do what we do!

To conclude, land crafting isn't just about preparing and developing a piece of land to be made useful. It is about crafting it with aesthetic beauty and design, with a purpose and a sense of fulfillment, with a passion for making spaces liveable and beyond! It is about crafting it with a purpose that fulfills the end customer's heart to the fullest. And this is what each of our projects exudes!

We're Passionate | We're Purposeful | We're Stone and Acres!

Are you looking to invest in real estate property and curious about the best practices that encourage a profitable return? Or are you engaging with property developers or landowners to purchase a piece of land only to be told that east-facing plots are the best? These recommendations are not arbitrary but based on science and ultimately benefit you.

The Beauty of Science

The very existence of human life is driven by science that guides us through every single action and decision that we make. Science has been prevalent long before you and I began living on planet Earth.

The science of VASTU SHASTRA roughly translates to the Science of Architecture – which promotes design concepts and direction-specific studies associated with the purchase of a plot or the construction of a house.

Making use of mathematical calculations to derive a site’s directional parameters, Vastu helps define the structures, directions, and patterns, including the consideration of exit and entry passage to be followed to facilitate the free flow of cosmic energies resulting in us leading a complete and meaningful life.

At Crossway Springs, the love and passion for the science of Vastu can be experienced as this thrives in every single corner. As an example, the Asana Park inside Atmos is designed to ensure the free flow of cosmic energies, enabling the residents of Crossway Springs to lead a complete and meaningful life.

So, how does Vastu Work?

The Universe comprises of 5 key elements - earth, fire, wind, water, and space, each of which radiates a specific energy as mentioned below:

• Earth element radiates geomagnetic energy
• Water emanates gravitational energy
• Wind dissipates wind energy
• Fire yields solar energy, and
• Space infuses cosmic radiation

Each of these works in tandem, thereby allowing the right flow of combined positive energies to all the corners of your property. Meticulous to a large extent, this ancient scientific approach keeps all the natural factors like wind velocity, sunlight, the effect of ultraviolet rays, and the intensity of rainfall in mind.

We firmly believe that by understanding and harnessing the power of the environment, people can live happily. Atmos is the perfect example of this, with its carefully considered layout and design that optimizes the positive energy of its surroundings.

What benefits can Vastu offer you?

• Economic growth – Appropriate rendering of Vastu principles in your property blesses you with an abundant supply of wealth or financial happiness by unblocking your path to golden opportunities and success.
• Growth in your endeavour – Following the science of Vastu helps you expand your horizon, with growth and success coming in great measures in your chosen field of activity – be it you seeking a promotion or success in your job/career or want to go an extra mile in your academic pursuit – this science serves it all.
• Strong relationship bond – One of the significant results of Vastu Shastra lies in the fact that it serves as a neutralizing factor against any negative elements.
• Happiness in every breath – Consistently following the principles of Vastu will result in harmonious spaces, spreading cheer and joy all over.

Here to Stay!
What started as rules for the architecture of Hindu Temples, then percolating to town planning is now penetrating residential and workspaces that witness a huge adoption rate, reaffirming the fact that Vastu is here to stay and help bring a smile to everyone’s face.

At Stone and Acres, we understand the science behind real estate investments and the importance of the ancient science of architecture. We can provide you with the best plots with the orientation of the land and the positioning of your home tailored to your individual needs.

Owning a plot of land is a dream for many, and realizing a dream is a fulfilling and surreal experience for each. The decision to purchase a piece of land is a big and important one that requires careful consideration of various factors. Searching for the right plot, shortlisting them, and narrowing them down to the right one can be an arduous task, as all those shortlisted could be similar in their offerings.

Listed below are a few pointers that might help identify the differentiating factor that sets apart the plot of your dreams.

Check for prospective expansion
Rapid development, urbanization, and a city’s progression come bundled with benefits and consequences. While buying a plot, ascertain the infrastructural development plans in its vicinity. A massive development plan, for instance, the inclusion of a metro line or widening of roads with broad footpaths, can surge property prices, which is a good thing. Nevertheless, due diligence to assess if this development runs through your property, and if this development involves the government reclaiming/acquiring your land should be given. In such a scenario, it is best to consider alternatives. After all, you wouldn’t want your dreamland to be reclaimed.

Factorizing Future Developments in Plot Selection
During the plot search and selection process, you certainly would have considered the location benefits of the land, such as proximity to educational institutions, healthcare facilities, other facilities, and so on. But what also needs to be taken into consideration is the opportunity for future developments. If your plot is within a gated community, it will be wise to opt for a plot that is not along the perimeter, as these are often the first targets when an infrastructural project needs more land than is available. In case of fewer options, assess the risks before taking the plunge. For instance, if the plot is a standalone property, i.e., not inside a gated community, then research must be made about the projects in the pipeline with the help of the local municipality, and re-verify that the land is approved by the development corporation, to ensure that your plot is safeguarded from all futuristic developments.

Observe for slopes or unevenness in your land
One must never assume that the plot is a flat piece of land, instead, ensure that the plot does not have slopes or uneven patches. If the plot is on a slope gradient, then the land would need to be filled or cut to make it even. Alternatively, a house, if you plan to construct one, can be designed taking advantage of the slope, although this comes at a price. Do take into consideration that the presence of a slope can reduce exposure to sunlight. It would be wise to weigh in all the benefits before making the final call.

Check for the presence of water bodies
A bountiful water body in a 5 km radius could do wonders in the long run. Having a water body results in a good water table, thereby reducing your dependencies on borewells and water tankers. Not just that, a good water table level also ensures that the quality of water you receive has much lower TDS levels (total dissolved salts) which equate to a lesser load on your water purifier systems. A combination of the above can mean economic saving, contribution to the ecosystem, sustainable living, and health benefits – a win-win situation for all.

Proximity to Nature and local amenities
If you are a nature lover, you could take into consideration the proximity of the plot to natural attractions such as parks, rivers, and forests. If not, look for other local amenities such as libraries, art galleries, community centers, and other cultural places of interest that are likely to keep you engaged and entertained during your leisure time.

While all the commonly known factors help you narrow down your favourite picks, these pointers will help you identify the uniqueness and the differentiating factor that sets apart that one plot you plan to buy. These can also prove to be excellent risk assessment tools. Assessing the risks, and eliminating or accepting them, at the initial stages goes a long way in ensuring that all the time, money, emotions, and feelings invested in buying the plot remain with you for life.

Life is a matter of choices where every choice you make makes you. Isn’t this true?

Life constantly throws us into perplexing situations where we must carefully consider the various options and navigating through this overwhelming array of choices can be difficult. Weighing the possibilities, using inquisitiveness to explore intricacies, and discerning the choicest options requires dedication, patience, and a willingness to adapt. Making the right choice, rather than the easiest one, can be a defining factor in your life, now and in the future.

Real estate investments require extensive research and wise deliberation. We must arm ourselves with the necessary knowledge and insight before making potentially costly decisions. To avoid damaging our investments, we have to ensure we obtain the right advice and weigh our options carefully. With the right guidance and information, we can guarantee a successful outcome for our real estate strategies.

Here at Stone and Acres, we completely understand the demand for precision and exactitude and offer professional consultancy services to help our customers make informed decisions. Through our highly curated and consultative approach, we invest heavily in understanding market dynamics, and evolving changes in the real estate segment so that we provide pertinent and updated advice.

To that end, we have drawn upon our extensive market knowledge base, tapped into our expansive network of experts, and leveraged the best practices available in the real estate sphere to provide the best possible advisory service. Whether it is market research and analysis, financial modeling and valuation, asset optimization, capital structure advice, or leasing and transition planning, Stone and Acres is your trusted source for making the right real estate decisions.

With this brief and necessary prelude, here’s a sneak peek into the different consulting services we offer.

Real Estate Development
Our methodology is based on extensive market research, intimate knowledge of the real estate industry, and leveraging the best practices and tools.

We pride ourselves on customizing our solutions to fit each customer's individual needs and requirements. We are committed to providing detailed analysis, carefully crafted options, and a suite of services ranging from budget planning to cost and asset optimization, cost estimation reviews, and resale marketing. Recognizing that personal preferences and circumstances vary, we truly believe in "to each his own" and strive to create the best product for every customer we serve.

Drive Value Through Operations
Business success today hinges upon outperforming the competition, and this is best achieved through distinction in operations. At Stone and Acres, we employ analytical methods to assess the full potential of an investment and use these findings to optimize the venture for continuous progress. We equip our clients to create value through operational excellence with better real estate choices, determine the strengths and capabilities the investment has to offer and tune these investments for sustained growth.

Property as Revenue Generators
Being in constant communication with the latest real estate trends in the market allows us to acquire unique perspectives and gauge market insights which we then leverage to assist our customers in fully utilizing their investments for maximum returns. We thrive on taking the traditional view of real estate as mere investments and expanding them into sustainable revenue sources. Through our expert knowledge and specialized experience, we pave the way for incremental productivity resulting in investor delight.

Sustainability Focus
At Stone and Acres, we always recommend our customers implement environment-friendly decisions when investing in real estate. We promote green development, foster energy efficiency, and together work towards embedding sustainability into all property investments thereby unearthing new sources of value in property ownership.

Concluding Note
In short, we are determined to maximize the value of our client’s real estate investments. We place a special emphasis on helping them to remain aware of changes in the market and stay vigilant to the opportunities and challenges that come with it, and creating unprecedented growth while decoding the path to favorable economic returns.

Bygone are the times when every property developer’s emphasis was solely to offer high-quality, well-planned, and beautifully constructed homes. Today, luxury has become the essence of grandeur for the residential landscape. Property developers are turning dreams into reality, giving buyers a chance to indulge in an unforgettable luxurious experience every time they enter a dream abode. As the willingness to do so goes up, the spending power is also escalating to match the demand.

To buoy up this resurging luxurious lifestyle, developers have been offering buyers a host of amenities to satiate every wish, ranging from wellness centres, open spaces, green areas, perimeter security, etc.

What’s interesting to note is that the host of amenities and the aesthetic design element has reached the very entrance of the gated community, defining grandeur and signature element that personifies the opulence felt by its residents.

Now, why is a grand entrance so important?
Grand entrances to residential properties have become the distinguishing factor for creating a favorable impression. This doorway serves as a dramatic statement piece that invites others in with a sense of grandeur and pride, leaving all those who step through with a lasting impression of the homeowner’s exquisite taste and personal flair. As if peering into the soul of the home, these gateways make a captivating initial impression.

A Choreographed Approach
While people have started to expect a grand entrance, the challenge for property developers lies in exceeding these expectations through exclusivity. We at Stone & Acres saturate these gateways with breathtaking craftsmanship and bespoke artistry, ensuring that every visit to the community speaks of lavishness and grandeur. Thoughtfully designed, the grand entrances reflect the inner beauty of the property while proving useful with housing security consoles and visitor identification, cementing the outlook of the property in the minds of the visitors and prospective buyers alike.

The grand entrances at Crossway Springs are a standing testament to majestic and theme-centered gateways that speak volumes about the design and purpose of the property. The entrance of ATMOS, for example, has been designed with a huge white curved wall representing a vast open space of nearly 12 acres, and adorned with green landscaping signifying lush greenery and fresh air. There is also a beautiful signage of the ATMOS logo that is stone mounted on a lawn-like base signifying the presence of various concept parks that ATMOS boasts of.

In a similar fashion, our latest project Flora, as the name goes, boasts of a beautiful white-colored floral arch that houses colorful shades of bougainvillea, compounded with pretty looking white picket fence bordered with floral plants, and layered with white paver blocks, all of which signifies the beauty of Spring season.

The theme of these majestic entrances ignites the senses on what is to come, as the visitor continues this processional sequence until culminates in the luxurious property that awaits inside. The symmetrical entry and exit pathways earmarked at this grand entrance portray a synchronized approach.

The Unveiling
As you make entry into the expansive gateways of each of the projects that we have developed, you will be left mesmerized by its thematic grandeur that marks a tremendous welcome. Thoughtfully crafted, these are the epitome of our inclination toward aesthetic elegance with a purpose. With curated grand entrances for each of our projects, we ensure that what you see at the outset reflects the inner beauty.

Come, visit us to soak in the experience and feel the pulse of our thoughtful creations.