
Green Lotus Utsav Secures Partial Occupancy Certificate- Unlocking a Smart Investment Avenue In Zirakpur
Location in the Tricity Growth Belt
Located on International Airport Road, Zirakpur, the project offers good connectivity to Chandigarh, Panchkula, and Mohali. This area of the Tricity has seen sustained real estate growth due to upgraded infrastructure and increased demand from Chandigarh's developed sectors.
Zirakpur has established road networks, schools, hospitals, and retail hubs -making it ready for immediate occupancy.
Amenities For Daily Needs
Green Lotus Utsav is designed as a community, offering facilities across health, leisure, family living, and work-from-home convenience:
● Fitness & Sports: Gym, swimming pool, squash & tennis courts, badminton court, and a jogging track to support fitness routines and sport-specific practice. The virtual golf simulator is available for residents who enjoy indoor golf practice.
● Recreation: Billiards and table-tennis rooms, a basketball court, and a cricket practice pitch provide organised and casual play options. The clubhouse lounge and residents' café create spaces for socialising and small gatherings.
● Family & Children: On-site crèche for toddlers, a library for quiet reading, guest rooms for visiting family, and an in-complex salon aim to make family life convenient.
● Work Convenience: A business centre plus high-speed Wi-Fi zones allows residents work or take meetings from within the community without compromise.
● Home Features: Apartments include modular kitchens with refrigerators, motorised curtains in the drawing room, and false ceilings in main living areas,focused on immediate move-in comfort and aesthetic appeal.
● Green Infrastructure: Golf carts for internal mobility, EV charging points, and a designated car-wash area aim to support convenient, low-effort internal movement and vehicle upkeep.
● Safety: Three-tier security, biometric entry, and panic buttons in every apartment are provided as layered safety measures for resident peace of mind.
● Premium Finishes: Italian / marble / granite flooring and premium lifts across all blocks ensure a high-quality, consistent finish throughout the project.
All features come at no additional cost, adding to both day-to-day comfort and long-term property value.
Multiple Configurations for Different Needs
Green Lotus Utsav offers a diverse range of residences – 3 BHK apartments, 4 BHK apartments, 4 BHK penthouses, 4 BHK + servant room penthouses, 5 BHK + servant room apartments, 5 BHK duplex apartments, 5 BHK penthouses, and 6 BHK + servant room penthouses, which can be suitable for joint families and premium buyers. All homes are IGBC Platinum-rated, indicating sustainable building practices and potentially reduced utility costs.
POC: A Marker of Credibility
Green Lotus Utsav has obtained its Partial Occupancy Certificate (POC) from the Government of Punjab.
● This confirms the project has cleared inspections and meets state regulations.
● Allows buyers to take possession, begin interiors, or move in.
● Enables investors to start generating rental income or plan resale sooner.
In a market that may experience some delays and legal ambiguities, the POC can add a layer of security. Industry data indicates that projects with occupancy certification may tend to appreciate faster, due to buyer confidence and easier financing.
With its location, legal clarity, amenities, and transparent pricing, Green Lotus Utsav offers a balance between security and growth potential.
For first-time buyers, it can offer peace of mind for investors, it can be a ready-to-live, compliant asset.
Note to the Reader: This article is part of Mint's promotional consumer connect initiative and is independently created by the brand. Mint assumes no editorial responsibility for the content.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hindustan Times
39 minutes ago
- Hindustan Times
Rude Hotels by Vir Sanghvi: Room at the top
It is one of the most famous stories in luxury hoteliering. Adrian Zecha, a former publisher who had revolutionised deluxe hotels in Asia by founding the Regent chain, decided to build a home for himself in Phuket, Thailand, after selling his Regent stake. The Amanpuri's residences-plus-hotel model has been copied all over the world A few friends joined him and they found a location outside the city to build their villas. But, as construction commenced, they realised that the area lacked the basic infrastructure required to support luxury homes. So, Zecha decided he would build a small hotel next to their homes that would provide the generators, boilers, laundry, security, etc needed to provide support services to their homes. He called the hotel Amanpuri, and by the time it opened in late 1987, a business model had emerged. Zecha and his friends sold more land around the hotel to other millionaires who built their own luxury homes. Amanpuri managed the properties and, if the millionaires so chose, they could offer their homes up for rent when they were not using them for their own vacations. Adrian Zecha built Phuket's Amanpuri in 1987 to offer support services to his friends' luxury homes. The Amanpuri experience had two consequences. The residences-plus-hotel model began to be copied all over the world. It was good for guests because they got to spend holidays by renting the homes of millionaires. It was good for the millionaires because they earned money from their vacation homes when they were not using them. And it was good for hotel developers because they made an immediate return on their investment by selling luxury residences on the hotel site. But there was also a second consequence. Zecha priced the hotel rooms in Amanpuri at such high rates that most hoteliers thought he was crazy. The hoteliers were wrong. Amanpuri became a rage and guests flocked to Phuket. Zecha had found a new niche: Super-rich travellers who were willing to pay a fortune for small, luxury hotels. Zecha got back into hoteliering full-time and created the Aman chain of exclusive, expensive hotels. He started out with many Asian locations (he is Indonesian) but expanded to such unlikely destinations as Jackson Hole, Wyoming. I did a TV show on Aman hotels at the height of Zecha's success and stayed at many of the hotels. I was struck by several things. One: The hotels were all very different and were united only by Zecha's whims, quirks and fancies. Two: Though some of the hotels had great exteriors designed by such brilliant architects as Ed Tuttle, the interiors and rooms could be sparse, boring and impractical for guests. Once you checked in, you didn't always find super-luxury experiences. And three: The food was usually disappointing. Aman has developed the Japanese restaurant Nama, and the Italian Arva in-house. Though Aman became a hugely influential chain in concept terms, it struggled financially and many of the quirkier hotels lost money. At one stage, aggressive investors removed Zecha. He returned only to eventually sell the company to India's DLF (which retained his management) before finally losing control completely when DLF sold it to a group of investors led by Vladislav Doronin, a Swedish citizen of Russian extraction who had made a fortune in property and trading, and had dated such glamorous figures as Naomi Campbell. Though the transition to the new regime was rocky within the old Aman team, Doronin has proved to be good for Aman. He has moved from Zecha's quirkiness to providing a solid luxury experience, stabilised the company's finances, expanded to new locations, attracted corporate investors and turned Aman, which is the preserve of a small number of wealthy guests ('Amanjunkies') into the international hotel group of choice for the global super-rich. The food is finally worth the prices the hotels charge (Arva and Nama, new, high-quality Italian and Japanese restaurant brands have been developed in-house). The managers are trained professionals, which they weren't always in the Zecha era. The newer hotels offer a consistent luxury experience. Vladislav Doronin (who once dated Naomi Campbell) now owns the chain and is shaking things up. Most important, Aman has finally succeeded in moving beyond the resorts category. The old regime screwed up with its first city hotel (now The Lodhi in Delhi; DLF held on to it when it sold Aman) and its Tokyo property was stuck in limbo until it opened, post-takeover, to win fame as one of the world's best hotels. The Aman in New York is the city's most expensive and exclusive hotel. And the Aman Nai Lert, which opened in Bangkok earlier this year, is the region's hottest hotel, winning the loyalty of top-tier guests despite charging nearly double of what The Oriental, previously Bangkok's top hotel, charges. I stayed there shortly after it opened, and everyone I met in Bangkok (mostly from the hospitality business) asked: 'Wow! Tell us what it's really like!' When a hotel evokes that level of awe, it tells you something about the esteem with which Aman is regarded. What accounts for Aman's exalted position in the hotel world? It's a hard question to answer. In the Zecha era, Aman was tapping into a premium market that other hoteliers had not addressed. But now that there is no shortage of luxury hotels with huge villas and massive private pools, wealthy guests have many other options. Probably the best way to describe why Aman is still at the top nevertheless, is that its hotels manage to create an alternate reality that is peaceful, refined and exclusive. Of course the design is outstanding (the lobby in Bangkok designed by Jean Michel Gathy is breathtaking) and the rooms are super luxurious. But it's more than that: The hotels smell of restrained elegance and good taste. Aman is less in the business of selling hotel rooms and more in the business of creating a sophisticated environment, where every detail is perfect. The super-rich think that they are different from the rest of us. Aman reminds them that they are absolutely right to feel that way. In keeping with that philosophy, Aman now has several brand extensions. In 2018 a skincare line was successfully launched. In 2020 came Aman fragrances. In 2022 a clothes line became available. A few years ago, as prices of hotel rooms skyrocketed, Aman created a new hotel brand, Janu, at a lower price point, but with the same sensibility as the flagship. It's all a long way from the original conception of Amanpuri as a place for Zecha and his friends. The world has changed. But Aman has kept pace with the changes and to its credit, it is now better than it has ever been. From HT Brunch, Aug 16, 2025 Follow us on


India.com
5 hours ago
- India.com
Good news for Tata Motors shareholders! S&P Global Ratings BIG predictions on company, says balance sheet strength to offset…
S&P Global Ratings said Tata Motors' solid balance sheet will help to offset the impact of its planned commercial vehicle business demerger and potential risks associated with the proposed acquisition of Italian firm Iveco. The rating agency noted that the company's credit profile is in a transition phase, shaped by the Iveco deal, the impending demerger, moderating demand, and tariff-related uncertainties. Despite these challenges, S&P said Tata Motors' balance sheet remains robust. S&P Global Ratings On Tata Motors 'The Iveco acquisition will not affect our rating on Tata Motors (BBB/Stable/–). This is because the rated entity will only house the passenger vehicles business after the demerger, which will likely conclude shortly,' the ratings agency said. A new entity will hold the commercial vehicle business, and Iveco will fall under this entity once the acquisition is complete, possibly by April 2026. Last month, Tata Motors announced that it would acquire Italian commercial vehicle maker Iveco Group, excluding its defence business, for euro 3.8 billion (nearly Rs 38,240 crore) in a deal which is set to be the Indian automaker's biggest buyout. S&P Global Ratings further said Tata Motors' passenger vehicle business will be under Tata Motors Passenger Vehicles Ltd. The company will include TML Holdings Pte. Ltd. (BBB/Stable/–), the holding company for the group's international operations and issuer of the rated senior unsecured notes. 'We view Tata Motors' proposed acquisition of Iveco as strategic. It will expand the group's scale and geographic diversity. We estimate the acquisition will increase Tata Motors' commercial vehicles revenue and EBITDA by about 2x from fiscal 2026 (year ending March 31) levels,' it noted. What Agency Predicts On Jaguar Land Rover? It further noted that the performance of the passenger vehicles business, including its subsidiary, Jaguar Land Rover Automotive PLC (JLR), is likely to remain weak through fiscal 2026. 'Geopolitical uncertainties pose significant downside risks. Commercial vehicle sales volumes are also likely to remain under pressure, but higher realisations could temper the impact on revenues,' it said. Still, S&P Global Ratings said, 'Tata Motors' efforts to pay down debt over the past two years will allow it to navigate the tough operating conditions. For now, we estimate the company's ratio of funds from operations to debt will stay above 100 per cent over the next 12-24 months, maintaining sufficient headroom versus the downside trigger of 40 per cent.' The outlook also reflects JLR's continued progress in its transition to production of electric vehicles, including the launch of an electric Range Rover model by the end of the year, it said. (With Inputs From PTI)


Economic Times
7 hours ago
- Economic Times
Tata Motors' balance sheet strength to offset demerger, acquisition risks: S&P Global Ratings
Tata Motors' balance sheet strength will offset the impact of the demerger of its commercial vehicle business and risks associated with the proposed acquisition of Italian firm Iveco, S&P Global Ratings said on Thursday. The company's credit profile is evolving amid the proposed acquisition of Iveco Group, the upcoming demerger of the commercial vehicle business, slowing demand, and tariff uncertainties, S&P Global Ratings said in a statement. Its balance sheet strength remains intact despite a slew of recent developments, it added. "The Iveco acquisition will not affect our rating on Tata Motors (BBB/Stable/--). This is because the rated entity will only house the passenger vehicles business after the demerger, which will likely conclude shortly," the ratings agency said. A new entity will hold the commercial vehicle business, and Iveco will fall under this entity once the acquisition is complete, possibly by April 2026. Last month, Tata Motors announced that it would acquire Italian commercial vehicle maker Iveco Group, excluding its defence business, for euro 3.8 billion (nearly Rs 38,240 crore) in a deal which is set to be the Indian automaker's biggest buyout. S&P Global Ratings further said Tata Motors' passenger vehicle business will be under Tata Motors Passenger Vehicles Ltd. The company will include TML Holdings Pte. Ltd. (BBB/Stable/--), the holding company for the group's international operations and issuer of the rated senior unsecured notes. "We view Tata Motors' proposed acquisition of Iveco as strategic. It will expand the group's scale and geographic diversity. We estimate the acquisition will increase Tata Motors' commercial vehicles revenue and EBITDA by about 2x from fiscal 2026 (year ending March 31) levels," it noted. The combined business's revenue of about USD 25 billion will position it closer to rated peers, such as PACCAR Inc. (USD32 billion) and Traton SE (USD43 billion). Iveco's presence in Europe and Latin America will also reduce the geographic concentration of Tata Motors' commercial vehicles manufacturing. However, Iveco is not a market leader in its key markets. It also has limited direct synergies with Tata Motors' commercial vehicles portfolio, given their different pricing range, S&P Global Ratings said. Stating that Iveco's acquisition will increase debt at Tata Motors' commercial vehicle business, the ratings agency said, "The treatment of Iveco's asset-backed securitisation of receivables as debt will be a key consideration while assessing the commercial vehicles business' financial position." It further noted that the performance of the passenger vehicles business, including its subsidiary, Jaguar Land Rover Automotive PLC (JLR), is likely to remain weak through fiscal 2026. "Geopolitical uncertainties pose significant downside risks. Commercial vehicle sales volumes are also likely to remain under pressure, but higher realisations could temper the impact on revenues," it said. Still, S&P Global Ratings said, "Tata Motors' efforts to pay down debt over the past two years will allow it to navigate the tough operating conditions. For now, we estimate the company's ratio of funds from operations to debt will stay above 100 per cent over the next 12-24 months, maintaining sufficient headroom versus the downside trigger of 40 per cent." On its stable rating outlook on Tata Motors, the ratings agency said it "reflects our expectation that the company will maintain a strong balance sheet, with a sound operational performance." The outlook also reflects JLR's continued progress in its transition to production of electric vehicles, including the launch of an electric Range Rover model by the end of the year, it said.