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New realty channel Space TV to launch on 16 February
 

By BIBHUTI BASNETH
Indiantelevision.com Team

(5 Febuary 2008 5:00 pm)

 

NEW DELHI: Space TV, a 24/7 realty and lifestyle channel, is planning to launch on 16 February.

Owned by Scorpion Media, the free-to-air (FTA) channel is currently undergoing a test run.

"We are looking at a 16 February launch," said Space TV CEO Joys Sebastian.

Driven by glamour and aspiration, the TG for the channel is the 20 plus-segment from the upper rungs of society, which, the channel thinks, is in a position to play in the real estate segment, either by investing or by simply buying premium homes.

Sebastian said that it would be a high-tech affair, with the Brainstorm virtual studio being brought in from Japan for the first time in television in the country. "All channels have virtual studios, but they are all for news channels. Brainstorm is for this kind of programming," he added.

The equipment had arrived, and training and installation by Japanese experts and trainers had started from 4 February.

The content includes a 360-degree approach to lifestyle and realty, including tarot and vastu in locating and designing homes, location and prices of budget hotels and modes of transport, spas and health resorts as well as shopping places.

So, if these houses and hotels are going to be featured on the channel - which is a kind of free publicity for the builders - why should anyone pay for advertisements?

"I have devised a new revenue model, which I call the 'premier space,' in which the top-of-the-rung builders are given complete service, in each and every aspect of their latest work. From new constructions to issue of IPOs or FDIs, if any, will be covered, for which they'll pay a premium price," Sebastian explained.

He also added that of these companies, Parsvnath, Omaxe and JMD are in the process of final tie-ups, and he would restrict the entrants to 14 top companies.

Each company would get a minimum assured 15 minutes of coverage daily at prime time, between 9 am and 9 pm, and would pay a premium price for the service.

"The other advertisers would be those in the accessories market, from floor tiles to bath tubs, lighting systems, hardware companies, swimming pool constructors, you name it," Sebastian added.

Each half-hour programme would cost the company between Rs 1 to 1.3 lakh.

The channel will run programmes like House Hunt, on checking out luxury homes. India Property Preview will talk about the latest in real estate, from new projects, IPOs and FDIs, banking facilities for housing, etc buying rates, and such other details.

"We call the show City Brief because the sector is booming in cities. As the boom has expanded beyond the big city boundaries, our scope, too, expands to small cities and towns. We bring the updates twice every hour, from 9 am to 9 pm everyday," Sebastian said.

Celeb Home is the inside story of a celebrity home, showing how a celebrity's home has been done up.

Budget Hotel is meant for the busy executive who wants everything in five-star quality sans the price tag, making the show somewhat in the nature of travel and living.

The channel has not left out the spiritual niche either; the programme Inward Journey is about discovering the spirituality of India. "One goes to a legendary place that has housed the essence of our philosophy for millennia, and the journey initiates the realisation within," Sebastian said. The programme would also list the prices of property in those holy cities for people wanting to settle there.

Street Treats is about street delights from Dilli Haat to Alu Chaat. Food En Route caters to that niche, doing a bit of a Vir Sanghvi-like sojourn seeing Amritsari Naan or biriyani being cooked, in its natural habitat.

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