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Intelligence’ seems to be the new buzzword. After ‘Smart Hotels’ it is now the ‘Business IntelliPlex’ from Pune-based Gera Development Pvt Ltd opening at Patto Plaza, Panjim.
In this case it costs, quite a bit more in fact than it’s not so ‘intelligent’ neighbours.
A commercial building, market rate for a space at the Business IntelliPlex is around Rs 80,000 per square meter as compared to market rate of Rs 45,000 per square meter of its immediate neighbour. The price the Gera project commands in the market appreciated 60 per cent over Rs 32,0000 in just two years.
Also in the case of the Gera project a maintenance cost of Rs 12.50 per square meter has to be factored in additionally.
Interestingly 90 per cent of all buyers at the fully booked Business IntelliPlex, christened Gera’s Imperium-1 (Gera’s Imperium-2 is under construction adjacent to the first) are Goans, claims Kumar Gera, chairman and managing director, Gera Developments.
“The idea is in providing a facility to our customer, by ownership of which he is perceived by his clients as a member of the elite among the business community,” Rohit Gera, executive director, Gera Developments told the Herald.
“The building combines thoughtfully planned features and amenities coupled with second generation intelligence,” he added. For example it is the only project at Patto Plaza to provide basement parking. “Basement parking work against the developers interest when it comes to costing, but it adds great value to our customer, hence we added that,” he said.
The entire building is Wifi enabled and provided with the last mile connectivity. Gera’s worked out an agreement with Value factor systems Pvt Ltd to provide owners the connectivity at market rates and including a minimum service level facility.
Other systems include generator backup, fire alarm system that is divided into eight zones for efficient fire fighting and an elevator system with all safety measures.
Some of the eco-friendly features include lux sensors for lights, level controllers to prevent unnecessary pump usage, sensor taps, low ‘E’ glass on the entire front façade to ensure heat transfer is reduced to enable occupant to minimize their energy consumption.
Apart from this, each occupant gets a welcome kit containing a directory of services, individual customer details and FAQs all answered.
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"I decided to book a flat with the Gera Project coming up in Baner because – I wanted a spacious flat and the area of 1600 sq/ft is very attractive. The layout of the house is also very good. I like the spacious bathrooms and the utility rooms that are provided. The project is nicely situated. Just a little inside from the main Baner road without ..
- Manjusha Luktuke - Persistent Tech. -
"I decided to book a flat in Emerald city, Baner, because of it’s good layout and design. I really liked space utilization done with underground parking which leaves a lot of open area for children playground. The design of the flats is also good with lots of privacy for each flat and good room layout. Baner is a good choice to take flat in with A..
- Gargi Basak - Persistent Tech. -
"I found the entire team of Gera Developments totally professional in their approach. Each of the persons knew their jobs, which made things most convenient for us."..
- Mrs. Vanessa Tucker- Gera Gardens II, 409 /10 -
"… like any other Indian middle class family whose dreams are bigger than their earnings, we were wary of the cost and the trust as we ventured to invest in an apartment. We were quite sure we would be unable to settle our above two concerns in one single project. That was till we met Gera. Not only did we find their Astoria well planned but also ..
- Dr. Phabhudesai – Customer of Gera’s Astoria





