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Lifestyles of
the rich & famous
Real
estate
By Vasu
IT is a maze. A convoluted meandering
cobble-stoned, stone-walled maze which offers tantalising
glimpses of mansions from the narrow crevices on either
side of tall, elaborate solid steel gates. Bordering the
Mehrauli-Gurgaon highway of the Capital, the most
expensive farmhouse real estate of the
country is home to only a select few those who
have always had the money, and the upstarts, who have
made too much of it, in too little time and now wish to
declare their arrival. If one was asked to describe these
farms, the easiest way out is to ask the reader to watch
an American soap on the lifestyle of the rich and famous
or the bold and beautiful. For, the term farm
has become a misnomer.
The basic pattern is of a
solid rock wall on the periphery, a minimum 20 feet in
height, topped with electronic alarm systems, wires,
spikes and the occasional desi broken glass.
A ring of guard dogs and security staff followed by a
thick wall of tall trees. Next comes the mandatory
jogging track which encircles and at times ribbons
through the emerald green valleys and hillocks of hybrid
grass dotted with exotic flowers and shrubs. A sprinkling
of water bodies ranging from swimming pools, fountains,
ripples and waterfalls, the option of a stable or a
tennis court, depending on ones inclination
all this forms the average Mehrauli farmhouse. After
certain essentialities like 10 quarters for servants and
similar housing capacity for cars, the central position
of pride is held by the building which after having been
balanced in cosmic and karmic forces by the local vastu
expert, is always a copy a copy or an amalgam of
forms from various buildings and homes in countries
across the world except India.
Lavish interiors apart,
where the marble is always Italian and the crystal from
Austria, the very land on which they are constructed does
not come cheap. Even in these times when buyers are
practically non-existent and property prices are at rock
bottom, the going rate of prime locations is between Rs 3
crore and Rs 3.5 crore per acre. These rates vary
according to location, and the lowest range is between Rs
40 lakh and Rs 50 lakh per acre in the very interiors
near mandis or in the areas where one might still come
across a couple of cows and tractor trolleys. Rates had
touched a peak of Rs 5 crore per acre, a couple of years
ago, in the Sultanpur, Ghittorni and Gadaipur areas as
they are practically in South Delhi, says Anurag Bhasin a
realtor. Rentals, however, are not commensurate with the
prices the property demands and a well kept average
building on the mandatory 2.5 acre plot comes for a
monthly price tag of Rs 1.5 lakh.
The middle class and upper
class aspirants also share the same locale, if not for
everyday living then for the occasional binge at the time
of weddings, birthday parties or anniversaries.
Farmhouses were initially thought to be dead investments
where buyers would either use them as part-time
residences or fun-time retreats, says Rakesh Kumar, whose
deals in farmhouse vacations and parties. Today several
owners have got together and formed consortiums to make
their property generate money when they do not require
it. Either they rent out the farmhouses during season
months or put them on a panel formed by caterers who
offer it to those who want a picture-perfect backdrop for
momentous occasions. Besides catering, where the
farmhouse is offered as a backdrop and the price charged
for food on a per head basis several combinations are
available for the wannabes. For a short stay of three to
four days where one can pretend to be the lord of the
manor, one has to pay Rs 15,000 to Rs 20,000 per day.
Servants and food on the house. Renting the place for an
entire month during vacations for the entire family comes
for an approximate price tag of Rs 2 lakh. For theme
parties, all whacky details taken care of, just don the
costume, attend your own party and shell out around Rs
30,000 to Rs 1.5 lakh, he says. Besides, the normal
wedding and family function celebrations, where props can
vary between yards and yards of coordinated tussar silk
or orchid bouquets suspended along with lights from every
tree top, are all held here.
Other productions at
farmhouses include singers. The more famous ones charge
anything up to Rs 5 lakh per performance, and DJs for the
not so young but trendy charge anything
between Rs 10,000 and Rs 70,000. The farmhouse business
flourishes for only four months in the entire year, says
Rakesh. From mid-October to mid-February most of the
farmhouses are booked. Though last year business was bad,
on an average 10 parties are held for every one in the
off season.
Along with the abodes have
come the spin-offs. The entire main road which once
housed dilapidated shacks has been converted to
showrooms. The concentration of the moneyed class has
spawned a mini industry which feeds the demands of this
group for upmarket items. So be it designer wrought iron
furniture, matching ceramic dishes, hand-painted silk
linen, or mundane kiwi fruit at Rs 300 per kg, Japanese
apples for Rs 500 per piece or humble strawberries, this
side of town has it all. The food joints have kept pace.
Mexican, Thai, Japanese, Indonesian, Cajun and the
ordinary all fancy cuisine is available.
Surprisingly companies do
not prefer farmhouses for their conferences or seminars.
Some groups do hold annual employee get-togethers here,
since most major business houses of the country own
property in this golden belt, say dealers. However, once
ensconced in what is perhaps the most lavish address of
the city, they hanker for their small hometowns, says
Rakesh, citing the example of a Ludhiana business house,
which will only get food for parties catered by a firm in
Chandigarh, and a Mumbai couple who flies down people to
get striped satin tents erected for their bashes.
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