Monday, June 16, 2014

Reasons Behind. The Borrowed Names of Residential Projects in Delhi-NCR.

Delhi-NCR is the vast hindi speaking zone of India and this region has very glorious history. This vast stretch of land has big cultural legacy where language hindi had played major role and still hindi is the first language of this region. More than 80% of the investors and end-users of residential projects of Delhi-NCR belong from hindi root. Here the discussion is going on in light of why most of the residential projects of Noida and Gurgaon have English Name. In the following lines we are going to discuss the reasons behind the borrowed names of residential projects.
Before going on the above discussed topic, it is the need to know about region where these borrowed names residential projects are going on. The present time residential projects of NCR are the result of globalization. These projects are going on in support of huge liberalization of the economy. Now India is one of the largest economies of the world and many foreign companies are running their business here. The residential projects of NCR are primarily meant for those who are working these companies. So, this is one valid reason why these real estate companies launch their residential projects with foreign names.
We are going to discuss some names like Earth Elacasa this is the residential project which is located at Dwarka Expressway and it is developed by Earth infrastructure. Earth Elacasa seems foreign origin name but when deeply try to find the meaning of Elacasa then we got Elacasa is not a foreign name or not even borrowed from any foreign countries rather it is a mixture of 2-ancient culture. Ela and Casa are 2-word from 2-ancient languages Sanskrit and Spanish respectively. Ela means Earth in Sanskrit and Casa means Greenery in Spanish language. The same if we focus many of the Supertech group’s residential project name then we find there are some hidden meaning which shows the natures of residential.

There are many real estate developers who are taking the foreign origin name for their residential project and they give very valid reason why they are giving foreign names to their residential project in Gurgaon & Noida. They say this was not early trend in residential sector while these kinds of trends of giving English name emerged in this decade only. Many projects in residential sectors of Dwarka which is most favoured locality of Delhi and considered as sub-city of Delhi has thousands of apartments and more than 90% apartments & societies have Hindi name. Then what happened in this decade that many big real estate companies are borrowing foreign names for their residential projects.
There is valid reason why modern residential projects have English name. First of all it is easy to remember English name because those people who are going to live in these homes have undoubtedly Hindi background but they are more comfortable with English. The second reason behind is that now business is going on global approach so the English name woo the international investors. Third reason is expectation – if these projects have English names – the clients or investors feel that this will be world class. Here it is important to mention on very demanding residential project of Noida – Supertech Romano – its theme based project and trying to incarnate Rome in the land of Noida , So this name suits on this project.

So, we have seen from the above discussion that keeping foreign origin name to residential projects is the process to woo the clients as well as the global economy and liberalized world compelled to give the name which has global sense.