Jakky grearing up 'Youngistaan' release
Mumbai, Feb 6: Jackky Bhagnani, seen in film like F.A.L.T.U" and "Ajab Gazabb Love" pins his hopes on forthcoming film "Youngistaan"
The first poster of the film released Thursday and the actor took to twitter to share his excitement.
" Here is the fist poster of my "Youngistaan " the countdown begins " Jackky posted on the microblogging site.
The film is about a youngster who gets the chance to become the prime minister of India.Apart froum Jackky, the movie also features Neha Sharma, Boman Irani and late actor Farooque Sheikh.
Poetry on reel
Mammootty and Isha Talwar in a still from Pramod Payyannur's Balyaskahi.
Balyakalasakhi, Pramod Payyannur’s debut feature film, with Mammootty and Isha Talwar in the lead, is a lyrical attempt to narrate the story on the screen.
From the time it got published seven decades ago in 1944, Vaikom Muhammed Basheer’s novel Balyakalasakhi has enamoured generations of readers of Malayalam. The intriguing tale of love and longing still remains an all time classic in the language. And finally, Basheer’s masterpiece which bears a strong tinge of his own life experiences, is coming alive on celluloid. Pramod Payyannur, a familiar name in theatre and the small screen, is making his debut on the big screen with the film adaptation by the same name.
Mammootty plays a double role, that of Majeed, the protagonist, and his father while Isha Talwar plays Suhara, Majeed’s sweetheart. Meena plays the character of Majeed’s mother. The dialect used in the novel has been retained in the film. And interestingly, Mammootty could effortlessly meet the expectations as, in real life, he hails from a nearby village, where the plot unfolds. The director narrates the story through the reconstruction of history and politics. And in doing so, he travels back in time and the freedom struggle come into the picture rather vividly.
On being quizzed about the inspiration to choose Kolkata as the location of the film, when the author Vaikom Muhammed Basheer has not referred to any specific city in the novel, Pramod says that Kolkata is perhaps the only Indian metro that still retains its old world charm and that it perfectly matched the setting of the film’s backdrop. Besides, Basheer is believed to have written Balyakalasakhi during his brief stay at a house in Lower Chitpur Road in Kolkata, he explains.
A radiant and heady combination of music adds to the film’s appeal as poetry has remained the mainstay of lyrics in Balyakalasakhi.
The film has a star-studded cast. Apart from Mammootty, Isha Talwar, and Meena, actors Seema Biswas, Tanusri Ghosh, Sunil Sukhada, Sasikumar, Mamukoya, Priyam Shaikh and Kavita Nair play important roles. As many as 40 theatre actors from both Kerala and Kolkata also appear in the film.
Balyakalasakhi is being produced by M.B.Muhsin and Sajeeb Hashim under the banner of Livinart Film Factory and is being released by Red Cinema and Achapu Films. Hari Nair has wielded the camera while Bijibal has composed the background score.
Mumbai Metro to become operational before April, says R-Infra
The 12km line linking the eastern and western suburbs of Mumbai will give residents an alternative to congested roads and packed commuter trains
Mumbai: Mumbai’s Metro rail will begin running before April. Construction of the metro line stretching 12km and covering 12 stations has been completed, along with signal testing and system integration, Anil Ambani-led Reliance Infrastructure Ltd said on Thursday.
“Trial runs are being conducted regularly on the entire Versova-Andheri-Ghatkopar corridor. Safety certification process is under way. Already received approvals from relevant authorities including fire department, electrical inspector general, etc.,” the company said.
The 12km line linking the eastern and western suburbs of Mumbai will give residents an alternative to congested roads and packed commuter trains that offer little by way of passenger comfort and only run in a north-south direction, along the length of the island and its suburbs.
The corridor is being developed by Mumbai Metro One Pvt. Ltd, a consortium led by Reliance Infrastructure, which holds a 69% stake in the project. The other stakeholders in the Rs.23,500-crore project are Mumbai Metropolitan Region Development Authority (26%) and Veolia Transport of France (5%).
In a separate development, Maharashtra chief minister Prithviraj Chavan on 1 February inaugurated India’s first monorail that will cut the travel time between Mumbai’s traffic-snarled suburban towns—Wadala and Chembur—by almost half.
Engineering and construction company Larsen and Toubro Ltd, in association with Scomi Group Bhd of Malaysia, has built the first monorail for Mumbai.
Ranveer Singh to dance with Govinda in 'Kill Dil'
Mumbai, Feb 6: Actor Ranveer Singh, who will be seen with Govinda in his next film "Kill Dil", says he is excited to do a dance number with the latter in the film. "I am very excited to work with Govinda and he is playing a negative role and its my dream come true to work with him. We also have a dance number together in the film and I am thrilled about it," Ranveer said. The actor is very fond of Govinda and also paid tribute to him at an awards function. Directed by Shaad Ali, "Kill Dil" also stars Rani Mukerji, Parineeti Chopra and Ali Zafar
“Pre-launch market is reviving in Mumbai. Developers are playing it safe by avoiding the risk of unsold inventory. Even before getting all approvals, they are locking in buyers," says Ashutosh Limaye , head of research, Jones Lang LaSalle India.
Limaye says if developers expect approvals in 12 months, they factor in all financial costs while giving discounts.
In a market which is weak in terms of launches and volumes due to high prices, some pre-launches have done well.
Realty developer Runwal group recently pre-launched its “Runwal Forest" at Rs 9,900 sq ft in Kanjur Marg (west) area of Mumbai as against the market price of Rs 12,000-Rs 15000 per sq ft. The company sold over 400 units within two weeks of launch.
The major draw for the project is said to be its ticket size and pricing. The project had configuration of 1.5 BHK of 725 sq ft bed room apartment, two bedroom of 1025 sq ft among others and prices started from at Rs 73 lakh onwards.
“Normally, developers in that area do not do smaller sized apartments. The Rs 70-80 lakh apartments must have appealed to the buyers," said Raja Kaushal, Managing Director, Gatere, an alliance member of BNP Paribas Real Estate.
Kaushal says those who invest only in real estate favour this buys given that they can make 20% gains in the first six months of launch (or 40% on an annual basis) as against 15-18% they make from commercial papers like non-conertible debentures.
“They see two arbitrage opportunities during the pre launch and launch and launch and completion," Kaushal said.
About a month ago, another developer Kalpataru sold off its 400 odd apartments during the pre-launch at its Thane project ‘Kalpataru Sunrise’ within a few days of the launch. Here too, Consultants the biggest reason for the success of the apartments was ticket sizes and pricing.
Here also, the developer is offering apartments of 620 sq ft to 1,535 sq ft.
“People think that they have got the apartments at cheaper rates but they are not aware that they need to wait for a long period of time to get the delivery of apartments," said Kaushal of Gatere.
Pre launches are back in Mumbai's dull realty mart
Mumbai developers are rushing in big time with pre-launch of residential apartments, in a move to energise a dull real estate market. Pre-launch is seen as a popular way to raise funds even before construction begins.
According to estimates, there have been 25 such pre-launches in the country’s commercial capital in the last six months. The big ones by the likes of Runwal group, Kalpataru, Lodha and others have been lapped up by buyers due to ticket size of apartments and attractive pricing, say consultants.
In a pre launch, which usually takes place through mailers and word of mouth, developers sell apartments ahead of a formal launch and before they get all approvals. Property during pre launches typically sell at 20% lower than the prevailing prices. Subsequently, developers increase the prices by 20% between pre launch and launch to give investors an arbitrage.
Normally, 20-30% of a project is sold during a pre-launch and buyers need to pay 30% of apartment price as advance.
“Pre-launch market is reviving in Mumbai. Developers are playing it safe by avoiding the risk of unsold inventory. Even before getting all approvals, they are locking in buyers," says Ashutosh Limaye , head of research, Jones Lang LaSalle India.
According to a latest report by global consultant Knight Frank, about 130,000 of the city’s 290,00 under-construction residential properties (45%) are lying unsold due to weak demand and high prices.
Limaye says if developers expect approvals in 12 months, they factor in all financial costs while giving discounts.
In a market which is weak in terms of launches and volumes due to high prices, some pre-launches have done well.
Realty developer Runwal group recently pre-launched its “Runwal Forest" at Rs 9,900 sq ft in Kanjur Marg (west) area of Mumbai as against the market price of Rs 12,000-Rs 15000 per sq ft. The company sold over 400 units within two weeks of launch.
The major draw for the project is said to be its ticket size and pricing. The project had configuration of 1.5 BHK of 725 sq ft bed room apartment, two bedroom of 1025 sq ft among others and prices started from at Rs 73 lakh onwards.
“Normally, developers in that area do not do smaller sized apartments. The Rs 70-80 lakh apartments must have appealed to the buyers," said Raja Kaushal, Managing Director, Gatere, an alliance member of BNP Paribas Real Estate.
Kaushal says those who invest only in real estate favour this buys given that they can make 20% gains in the first six months of launch (or 40% on an annual basis) as against 15-18% they make from commercial papers like non-conertible debentures.
“They see two arbitrage opportunities during the pre launch and launch and launch and completion," Kaushal said.
About a month ago, another developer Kalpataru sold off its 400 odd apartments during the pre-launch at its Thane project ‘Kalpataru Sunrise’ within a few days of the launch. Here too, Consultants the biggest reason for the success of the apartments was ticket sizes and pricing.
The apartments were priced at Rs 7500 per sq ft as against the market price of Rs 9000 to Rs 10,000 sq ft in the area. A two bedroom apartment of 801 sq ft was priced at Rs 60.08 lakh and another two BHK apartment of 813 sq ft was priced at Rs 60.98 lakh.
Similaraly, Lodha group sold off 2500 units during the pre launch at its latest project Palava in Dombivali area. One bed room apartments of 729 sq ft were priced at Rs 34.19 lakh or Rs 4,689 per sq ft.
Runwal group is also holding a pre-launch of its residential project in Thane (west), on the outskirts of Mumbai. The developer is pre-launching apartments at Rs 7499 per sq ft in the project called Runwal Eirene.
Here also, the developer is offering apartments of 620 sq ft to 1,535 sq ft.
Developers are also playing to the gallery. "We are studying the demand for particular sizes and pricing and launch our products accordingly." Vvikas Aroraa, director, Runwal group.
But realty experts warn that buying during pre-launches may not be a great deal for buyers in reality given that they need to wait for 3-4 years to take possession.
“People think that they have got the apartments at cheaper rates but they are not aware that they need to wait for a long period of time to get the delivery of apartments," said Kaushal of Gatere.
Added Limaye of JLL: “If prelaunch happens one year before actual launch and developers take three to four years of construction, you are not making great returns," he said.
Superstar Mohanlal-starrer Malayalam thriller "Drishyam", which celebrates its 50-day run Thursday, has emerged as the biggest hit in Malayalam filmdom. The film has so far collected over Rs.35 crore at the box-office. The film, which released Dec 19 last year, was reportedly made on a budget of Rs.4.5 crore. "It celebrates 50-day run at the box-office not only in Kerala but as well as in Tamil Nadu. We don't know the exact figure but it has raked in over Rs.35 crore so far. It has turned out to be biggest hit in Malayalam industry," trade analyst Trinath told IANS. A tautly made thriller, the film revolves around the efforts of a father to cover up a murder committed by his family member. "Drishyam" will soon be remade in Tamil with Kamal Haasan and with Daggubati Venkatesh in Telugu. While Jeethu Joseph, who directed the original, will helm the Tamil remake, actor-filmmaker Sripriya will direct the Telugu version. Talks are also on for a Hindi remake of the film as well.
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