Horizons Aug - Sep 2014 issue

Arch TalkLand mark

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Special Report

Industry hails union budget

P32

AP’s most credible real estate magazine

ANDHRA PRADESH REAL ESTATEDEVELOPERS’ ASSOCIATION

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Volume 2 | Issue 18 | ` 50 | August-September 2014

HorizonsHorizons

emerging hotspots

of pearl city

Curtains rise on 5th TREDA property show

Curtains rise on 5th TREDA property showP36

In focus

P20

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e6

c o n t e n t sCover Story

Emerging hotspots of Pearl City Page 20

Special Report

Industry hails Union budgetPage 32

08 News watch

46 Happenings

47 APREDA Diary

48 Pulse

50 Auspicious Days

50 Humour Corner

51 Market Monitor

52 Property Lisiting

In focusCurtains Rise on 5th TREDA Property ShowPage 36

Arch Talk landmark FacadesPage 42

Volume 2 | Issue 18 | August - September 2014

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Editor’s Note

Welcoming you all with this edition of Horizons for the first time from the newly formed state of Telangana! There is renewed hope that Hyderabad, home to the Indian headquarters of Microsoft, Google, facebook, Amazon and Yahoo is all set to ride the revival wave with central government’s announcement of series of incentives in the union budget that would encourage the home buyers to buy their home. Especially the fence sitters, who have been all this while on a wait and watch mode are closing the deals. To top it all a host of projects announced by the Telangana government has added to the creation of an investment friendly environment.

Even after the Centre’s in-principle approval to the division of Andhra Pradesh in 2009, property prices in Hyderabad did not recover as expected. Reason: Hyderabad had a land surplus and low demand at that time, creating a buyers’ market. But by 2013, builders had exhausted most of the built stock and started going slow on new projects. Now after striking near equilibrium in terms of supply and demand, high input costs and low supply will see the markets going northwards.

Hyderabad is predominantly an end-user market. Over the last 5-6 years, people from other states have constituted a considerable section of the consumer base. Even if some people may prefer to buy properties near proposed new capital of the successor state of AP, demand from people of other states working in the city will more than compensate for the loss as the job market is improving with new office space leasing which touched 2.3 million in the H1 of 2014. Political stability, speeding up of the ongoing infra projects besides new projects announced by the state governments will see the price of open plots gradually firming up in selective pockets. Our cover story ‘Emerging hot spots of Pearl City’ dwells into these areas that could fetch substantial gains if investment is made in them now.

Our ‘Special Report’ gives you an overview of the provisions of this year’s union budget and its impact on the realty sector. In the run up to the ‘5th TREDA Property Show’ to be held from 17th to 19th October, 2014, a feature on property show under our section ‘In focus’ dwells into the upcoming event giving details of how it could give a boost to the industry. Concurrent with the show TREDA is organising a conference on “Resurgent Hyderabad” with the cream of leaders from various business sectors participating in the discussions to speed up the resurgence process.

The section on Arch Talk initiated in our last issue continues along with other regular features including ‘News Watch’ giving you an in-depth dose of realty news. Hope you enjoy reading as we did wrapping up this edition. Please do send in your feedback. Here is wishing to all our readers a very Happy Independence Day!

Jydip Mukherji

Executive Editor

Hyderabad Realty on Resurgent mode!!! Volume 2 Issue 18

August - September 2014

Editorial Advisor

R Chalapathi Rao [email protected]

Executive Editor

Jydip Mukherji [email protected]

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National

News Watch

Govt to launch realty investment trusts by August

In a big push to core projects that have been facing a paucity of funds, the government is set to launch

infrastructure investment trusts by August this year. “Market regulator Sebi will notify these trusts in about three weeks along with the real estate investment trusts (REITs),” said finance secretary Arvind Mayaram. To be run on the line of REITs that work on pooled investments, the infrastructure investment trusts (INVITs) will help project developers free up their balance sheets from ongoing projects and raise cheaper and longer duration funds for new projects. Under the plan, project developers can create and register a trust under the Indian Trusts Act to which

they can sell 100 per cent of the special purpose vehicle that holds their ongoing projects such as tolled roads or airports. The trust would have a controlling stake in the infrastructure projects, allowing the developer to exit. Based on the underlying shares, the trust would then

issue shares to investors, which would be listed on the bourses.

Earnings from the projects would be distributed by the trust to investors as dividend while the project developer would only get a management fee. The trust would be a tax pass through and retire the debt of the project developer, freeing him to take up new projects. At present, what happens is that even if the developer has the technical capability to execute more projects, he does not have the financial capacity as he has already taken up bank loans to implement his ongoing projects. The INVITs would help developers unlock their capital and take up more projects. A lot of companies have already shown interest in the plan.

National Buildings Construction Corporation Ltd (NBCC) has set up

a centre for innovation and research and development in New Delhi, the company said in a statement recently. Anoop Kumar Mittal, CMD, NBCC, said, “The company had been seriously considering setting up of such a centre in order to effectively address some demanding issues related to construction such as adoption of new technology, eco-friendly green building materials for sustainable, safe, faster, cost effective and quality construction.” He added that the new centre would exclusively work in mitigation of building collapse problems emphasizing upon innovation, sustainable development, safety and productivity. The company has made an initial allocation of Rs 2 crore for the purpose.

NBCC sets up R&D centre

In the wake of the budget proposal last week, several real

estate companies and private equity funds are planning to list their commercial property portfolio through the real estate investment trusts (REITs) in the near future. These include Embassy group, DLf, RMZ Corp, Xander, Red fort Capital among others, all of which have accumulated income generating commercial assets. “There are over 10 companies that are in different stages of preparing a portfolio that can be ‘reited’,” said Anckur Srivasttava, chairman of GenReal Property Advisers.

finance minister Arun Jaitley had proposed incentives for real estate investment trusts or REITS, which are listed entities that primarily invest in leased office and retail assets, allowing

developers to raise funds by selling completed buildings to investors and listing them as a trust. REITS seeks to reduce the pressure on the banking system and make available a new avenue of equity to cash-strapped developers. The budget seeks to provide a pass-though status to REITS for the purpose of taxation, which means a REITS holder will pay tax on the income, not the fund.

More than 10 companies line up for REITs

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August - September 2014 9

News Watch

Modi govt seeks to make it easier to acquire land

from scrapping the “consent clause” for Public Private Partnership (PPP) projects

to narrowing the definition of “affected families” eligible for rehabilitation and resettlement, the Rural Development Ministry has proposed a number of amendments which, if cleared, could lead to large scale dilution of the new Land Acquisition Act, making the process of acquiring land easier. Union Rural Development Minister Nitin Gadkari had said a report would be submitted to the PM in 10 days, based on inputs received from the states. The report lists 19 proposed amendments, represented as a “summary of suggestions” on the Act made during the meeting.

The ministry has also proposed that the mandatory Social Impact Assessment (SIA) study should be confined to only large projects or PPP projects “as it may delay the acquisition process”. Under the current Act, SIA is mandatory and has to be completed within six months. If cleared, this proposal would reduce the timelines for all land acquisitions. The report proposes a “re-examination” of the “elaborate” definition of “affected families” eligible for rehabilitation and resettlement benefits under the Act. The proposal seeks to exclude “livelihood losers”, who have been working in the affected area for three years and whose primary source of livelihood is affected, from the purview of the Act.

Indian Green Building Council (IGBC) today said over 2 billion sq ft area of green building

projects has been registered so far and is targeting to have 10 billion sq ft by 2022. IGBC is a part of CII-Godrej Green Business Centre, which is actively involved in promoting the green building movement in India. "IGBC, part of CII, has recently crossed the milestone of 2 billion sq ft built-up area of green building projects registered with the Council. The larger plan and strategy of IGBC is to have 10 billion sq ft by the year 2022 when India will be 75 years post-independence," IGBC said in a statement. The relationship between IGBC and US Green Building Council (USGBC) is further being strengthened to work on increasing the uptake of green buildings in India. "The license agreement that IGBC had signed with USGBC

in 2004 comes to an end in June 2014 and a new agreement is being signed for the next 10 years to work in the areas of advocacy, knowledge exchange and market transformation," IGBC said. The LEED India projects which are already registered with IGBC will be certified by IGBC till end of 2018. Starting July 1, 2014, LEED projects in India will be registered and certified directly by GBCI, the certification institute appointed by USGBC. IGBC will continue to certify projects under IGBC Homes, IGBC Townships, IGBC factory buildings, IGBC SEZ and IGBC Landscaping. "LEED India rating, which is for commercial buildings, forms about 25 per cent of total built-up area registered with IGBC for green building projects in India. Very soon rating systems for green schools and affordable housing segments will be launched.

IGBC targets 10 billion sqft green building area by 2022

Allot land to turn debris into building material: Venkaiah

Urban development minister Venkaiah Naidu has asked DDA to allot land to each of the municipal bodies where

facilities can be installed to convert debris into building material. "This is a part of our national declaration adopted by all states to make cities better. I have asked DDA to do this on priority basis since the issue was raised by the three Mayors," Naidu said. Sources said the three municipal bodies have been demanding allocation of sites to carry out such task and so far only the South corporation has got a patch of land. > >

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News Watch

NationalDLF to install solar panel on commercial buildings

DLf is set to become the first real estate developer in the country to generate power by installing solar panels on top of its office buildings, a move similar

to the experiment in Gujarat, where the state government has installed such panels on top of government buildings in capital city Gandhinagar. The developer has signed a build-and operate agreement with UK-based Aniron Solatricity and Azure Power India to install solar panels on top of commercial buildings owned by DLf as an initial pilot project to produce 3 mw of power. The solar power generated will be routed to the buildings and combined with the main power source. "It will help us use the unused terrace spaces of our buildings for generating power from environment friendly sources," said Amit Grover, national director-offices business at DLf. The developer's office buildings in Gurgaon, Delhi, Kolkata and Chennai are being used for this project. DLf had earlier installed a 100 mw captive power plant in its DLf Cybercity in Gurgaon that runs on gas. This plant provides an

uninterrupted power supply to offices in Cybercity. While no other private company has so far installed solar projects on its rooftops, Gujarat government has installed solar panels to generate 5 mw of power on the roofs of government buildings and has plans to replicate this in five more cities in the state. In Delhi too, Tata Power Delhi Distribution has installed solar panels to generate 1.8 mw of power on the roofs of its establishments.

Over a month after kicking off its online environment clearance system for industrial and infrastructure projects, the government

recently launched a similar e-window platform for forest-related approvals and promised to go online for mining and other clearances as well by March next year. The online clearance system is the second such move of the environment ministry in its effort to ensure faster approvals. The ministry had taken the first step in this direction on June 5 when it had launched online environment clearance mechanism.

“These measures are intended to bring in more transparency, efficiency and accountability in grant of regulatory clearances and their monitoring,“ environment minister Prakash Javadekar said. He also said his ministry was planning to bring in a process to give both environmental and forest clearances simultaneously and even “in a single day“to industries which adhere to all the existing green norms“. The practice of first giving clearance before moving on to the forest clearance proposals used to delay projects under UPA. The move to make the clearance system online is expected to help industries get faster clearances. The offline mode for forest clearance will continue during the transition period till August 14. It will go online from August 15.

Residential property prices in Bangalore have seen a decline over the past year,

a trend also seen in second-tier cities like Kochi, Bhopal, Patna and Bhubaneswar. This was revealed in the National Housing Bank's Residex, an index that tracks prices of properties in major Indian cities. Some 13 of the 26 major cities tracked by the index show a dip in prices. Second-tier cities are the worst hit, according to the study. Residex ultimately aims to track the movement of property prices in all 63 cities under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), but currently tracks only the residential housing sector. The data is collected from real estate agents, housing finance companies and banks. The index shows that there is no overall slump in the country's residential property market as the 13 other cities tracked by it

saw prices rising. Surat, Chennai and Nagpur show the highest increase with house prices up by 10% or more over a year. Prices increased between 5% and 10% in Pune, Lucknow, Raipur, Hyderabad and Ahmadabad. Overall, property seems to be a safe investment as in the seven years for which the Residex data is available, prices have appreciated in 24 of 26 cities. Compared with 2007, only Kochi and Hyderabad have witnessed a dip in prices Jaipur and Bangalore have more or less remained stagnant.

Environmental nods to be given online `in a day'

B'lore realty prices dipped in 1 yr

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National

News Watch

Govt’s flexi model to boost infra: Mayaram

Ultra-rich households set to treble in 5 yrs

e-registration for 200-flat project

3P India, the proposed public-private institution of the Union government, will look

into issues relating to regulation, finance structure and management of contracts, finance Secretary Arvind Mayaram said recently. He added the framework for the public-private partnership (PPP) has to be formulated in such a manner to allow flexibility because contracts are spread over 20-25 years.

3P India would help build capacity, both within the government and the private sector, he said. As of March 31, 2013, 693 projects with an investment of Rs 1,61,400 crore had

been completed, while 794 projects with investment of Rs 4,68,900 crore were at the implementation stage and another 1,076 projects worth Rs 5,92,100 crore were in the pipeline. The finance secretary also called for the definition of a “stressed” project, reasons behind projects getting stuck, and a methodology for stress assessment and risk apportionment. 3P India will look at issues related to regulation, financing structures, stress in projects, management of contracts over a period of time, and issues related to capacity building in public as well as private sector, Mayaram said.

A study by Kotak Wealth Management titled ‘Top of the Pyramid 2014’, released recently estimates 117,000 ultra-high net worth households (UHNHs) at the end of March 2014, an increase of 16% from a year ago.

It expects this number to treble over the next five years. UHNHs are households with wealth exceeding Rs 25 crore. The net worth of UHNHs, estimated at around Rs 104 lakh crore at the end of the last financial year, is projected to grow at an annual compounded rate of 34 per cent to Rs 408 lakh crore by 2018-19 (April-March). Close to 45% of these households were seen residing in non-metro cities and smaller towns, the Kotak Wealth Management report notes. The report followed a detailed market survey of 150 ultra-high net worth individuals by feedback Consulting and Ernst & Young, conducted between february and April 2014.

Seeking to bring transparency in the system, the stamp duty and registration department has launched a new facility, where flats sold by developers/builders will not require buyers to stand in serpentine queues at the sub-registrar's office

to register their flat in Maharashtra. This new facility was launched in Nanded City, Pune as a pilot project last week and is being implemented across the state. This facility will allow developers to register their sale agreements online.

If a developer has an investment of minimum 200 flats, he/she shall be eligible to avail the facility. Moreover, the e-registration will apply only to the first sale (between the developer and the purchaser) and not subsequent sale and purchase. Under this system, the draft of the document (the covering note giving brief details) will be prepared by the department and used by developer for all the transactions. The developers will then have to get the software customised from the National Informatics Centre along with a login ID and password and use it for other agreements.

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News Watch

StateTelangana Govt plans largest IT Incubation Centre in Hyderabad

Bapulapadu likely to be AP’s Cyberabad

AP's new capital, location cleared

Giving a head start to the implementation of his agenda to revive the IT sector in Telangana,

information technology minister, K Taraka Rama Rao announced recently his government would set up an incubation centre for IT entrepreneurs in Hyderabad. Billed as the largest in the country, the incubation centre is expected to cater to hundreds of start-ups and just started companies. “We are planning to set up the incubation centre to encourage young entrepreneurs. The focus would be

mainly on research & development and innovation, while product development would also be encouraged,” the minister said. While the incubation centre would be a flagship project of the government, the IT ministry is ready with a comprehensive plan for skill development in two-tier and three-tier cities like Nizamabad, Karimnagar, Warangal, and Adilabad. Plans are being charted for the revival of the IT industry, which included encouraging big conglomerates to expand operation and attract new investments.

Naidu is learned to have instructed the new Andhra Pradesh State

administration to identify 2000 acres in Bapulapadu which is just 5KM away from Gannavaram Airport, near Vijayawada. “The air connectivity factor will attract all the IT majors and other MNCs once we acquire the land and develop it. We’ll soon publicise the IT hub and hope to get many firms to set up shop there,” said an official. The development plan for the IT cluster includes laying broad roads and flyovers, and putting in place infrastructure such as underground

power lines and sewerage systems. With the new state capital likely to come up in the vicinity of the hub, the grand plan is to link the two eventually, sources said. for the speedy development of both the state capital and the IT hub, Naidu wants to upgrade the Gannavaram airport into an international one once the required expansion is done. The commercially developed Hanuman Junction on NH5 is in Bapulapadu. The land is likely to be close to Hanuman Junction and accessible from Nuzividu Railway station. Eluru , Nuzvid , Gudivada towns flank Bapulapadu.

Andhra Pradesh, which has to scout for a new capital, apparently has made a decision - chief

minister Naidu wants it located between Vijayawada and Guntur in the coastal belt of the state. Naidu, envisages a swank centrally-located capital city with four-lane roads running to important centres around the state. A formal decision and announcement is expected soon. Naidu will have to factor in likely protests from the southern Rayalaseema districts, a

backward region that has hoped for development that a new capital will bring. But urban development minister P Narayana stressed that this location makes logistical sense - there is land available, there is easy access to water and it is central.

"Between Tada and Srikakulam, we have a coast length of 920 km. Krishna and Guntur are in the middle. Our chief minister wants to build a four-lane road from Kurnool to the capital, another from

Anantpur to the capital, one from Kadapa to the capital and one from Chittoor to the capital. We already have a four-lane road running from Tada to Srikakulam, so the capital will be in the middle,'' the minister said. Naidu estimates that building such a capital will cost about five lakh crore rupees. The state has sought 5,000 crore initially from the Centre, but raising money will be a big challenge; a hundi has been put up at the State Secretariat in Hyderabad for donations.

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News Watch

Hyderabad

Naidu to continue public sector reforms

Despite making a U-turn on the populist programmes, AP CM is still determined to complete the ‘reforms’ in public sector

enterprises that remained unfinished after he lost power to the Congress party in the undivided AP in 2004. Early in 2000, the Naidu government privatised or closed down 55 government-owned enterprises, including several cooperative sugar and textile mills, in the undivided AP even as the Opposition Congress accused the government of toeing the World Bank line against the interests of people. After coming back to power, the Congress government shelved the programme. However, in a bid to revive the public sector reform programme in AP, state finance minister Ramakrishnudu has asked officials to prepare an action plan

pertaining to the remaining 44 public enterprises, sources said.

While reviewing the performance of individual government departments the minister also told the officials that any continuation of these entities in the present form would only add to the financial woes of the government in terms

of salary bills and other establishment costs. As the government is already exploring ways to

mobilise resources required for the farm loan waiver programme, an outright sale of some of these entities

is expected to come in handy for it. The AP government is even open to considering privatising the state road corporation (APSRTC), the biggest of all the existing government-owned corporations, at a later date, according to sources.

If a business promotes memberships of non-existent clubs, or offers plots for sale at a higher price to include

club membership benefits which turn out to be fake, the purchaser can approach the consumer forum. The National Commission held this view in a judgment against Country Club against whom there are cases of luring consumers using a golfing village as attraction. Nirmal Kumar Pandey was enrolled under a scheme formulated by Country Club (India) Ltd and Amrutha Real Estate entitling him to membership of golf club when he bought three plots of 150 sq yards each in 'Country Kuteeram Ventures' at Yadagirigutta in Nalagonda district. He also deposited Rs 10,000 towards charges for development/betterment, registration and three years' maintenance. Pandey sent a legal notice and filed a complaint before the Hyderabad District forum when the plot was not registered in his name. Country Club offered to settle by paying Rs 1.2 lakh and offering four plots at Yashwantpur Village in lieu of the bookings. An MOU executed provided Pandey to pay Rs 10,000 towards development and registration of each plot. But when Country Club defaulted

again, the District forum directed the Club to complete the venture, 'Golf Village', and register the four plots in Pandey's name. Alternatively, it directed the Club to pay Rs 12 lakh, awarding Rs 25,000 as compensation and Rs 5,000 as costs.

The Club challenged this before the National Commission after AP State Commission dismissed the appeal, arguing that Pandey had withdrawn his first complaint so a second one was not maintainable. It added that since four plots had been bought, this should be seen as a commercial transaction, which would oust consumer forum jurisdiction. In its order dated April 22 2014, the Commission said a consumer complaint could be maintained as Country Club is in the business of marketing, purchasing and selling golf club membership with plots. While Pandey's first complaint was in respect of plots booked, the second was for failure to abide by the MOU. So withdrawal of the first complaint would not prohibit filing of the second. The Commission upheld the order passed in Pandey's favour by AP State Commission. Therefore a consumer can seek compensation when club and resort memberships turn out to be illusory.

Complaint valid if club incentive illusory: consumer court

Hyderabad wins back investors

Investor confidence in Hyderabad’s future prospects is back, with several corporate houses planning to

revive their projects, which they had discontinued due to global slowdown and political uncertainty, says Telangana IT and panchayat raj minister K.T. Rama Rao. He feels this perception among corporates has ended as it was evident from several investment proposals received by the government. “Apart the corporate bigwigs who met the chief minister in the last few days, Mahindra Group chairman Anand Mahindra and Wipro chairman Azim Premji met CM.” Mr Mahindra proposed capacity expansion of its existing tractor plant in Medak to 1 lakh units a year. Similarly, the ITC Group has revived its `750-crore project to build a new hotel ITC Kohinoor near Inorbit Mall. The 81,000 square metre hotel would have 100 guest rooms and 100 serviced apartments

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News Watch

18

(Source: From Newspapers and sites)

HyderabadTelangana govt to set up Pharma City

Telangana Government is mulling to set up a 'Pharma City' near near Hyderabad in about 8,000 acres.

The City will include industries as well as residential colony, and a power plant with 500 MW capacity adjacent to the pharma city to provide captive, dedicated and uninterrupted power supply to the industry, a press release from the chief minister's office said. "The required land, infrastructure facilities, communication facility, power supply, water supply etc. will be provided by the

government...," it said. The pharma city is expected to accommodate about five lakh employees besides their families

in the residential colony touching about twenty lakh over a period," the release said.

State information technology minister K Taraka Rama Rao is set to clear several IT companies’ expansion plans, which had been put on the back burner all these years. Among the companies geared

up for expanding their operations in and around Hyderabad are tech majors such as Amazon, Google, facebook, Microsoft, Cognizant, and Tata Consultancy Services (TCS). Cognizant, which has service-based operations with 30,000 employees in Hyderabad, has plans to expand operations to develop its own encryption software and anti-spam software products for which it has sought 54 acres of land at Adibatla village on the city outskirts. Google, which has a staff strength of 7,500 at its Madhapur office, is looking to build its own township on a 20-acre plot in Kokapet to house its entire operations in Hyderabad under one roof. The sources said Google’s new venture would provide 5,000 additional jobs. Amazon, which is limited to support and back-end operations in the city, is looking for a proper expansion of its operations, including software development, for which it has sought 2.6 million sq ft land in Nanakramguda. The expansion is expected to generate 5,000 jobs. facebook and Microsoft too have big plans for Hyderabad. Besides this, Rama Rao is said to have prepared a 16-point agenda for the revival of the IT sector, which had begun to look sluggish during the Telangana agitation. The government plans to set up an IT governing body that will monitor various sector-related issues.

T Govt to Push IT Infra development Draft township policy to be brought on track

With the new dispensation in Telangana harping on satellite townships, officials are now busy clearing

dust from the files created earlier on similar proposals. IT and panchayat raj minister K Taraka Rama Rao announced that the government would develop integrated satellite townships around Hyderabad apart from improving the image of 'Brand Hyderabad'. In fact, several studies had been conducted earlier and even a draft policy prepared on townships, but no concrete steps were taken by successive governments to realize the same. This was mainly due to a slump in real estate for the past few years as townships have to be taken up by private infrastructure companies. As per the draft proposal, a township should have a minimum 100 acres in the HMDA limits. Integrated townships should have land specifically allocated for work spaces, recreation and residences. Private infrastructure firms, which were to take up the townships, would be encouraged with tax incentives like waiver of development charges, conversion charges and reduction in property tax.

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Cover Story

emerging hotspots of pearl

cityseries of project announcements has spurred new

age development around hyderabad with the property radar beeping at a fresh set of emerging

hotspots, finds Jydip mukherji

The prospects of buying an open plot in certain emerging areas is bright, with the population of Hyderabad touching one crore and rise in mid-income group. The housing requirements are growing each year. Some areas of the city are emerging as the hot spots for investment well-supported by infrastructure development. Of the total HMDA area of 7257 sq kms, the Metropolitan Development Plan-2031 for Hyderabad Metropolitan Region (HMR) covers 5,985 sq kms in 35 mandals of four districts. The projected population of HMDA is 1.84 crore for 2031. So you can anticipate the tremendous potential of investing now in plotted developments of the upcoming hot spots. We look at areas where plots available in the range of Rs1000/- per sq yard and Rs 15,000/- per sq yd. Rich dividends within a period of 5 to 10 years are assured by investing in these areas.

While the Hyderabad market offers properties at 40-50 per cent cheaper prices in comparison to any other metro city. Prices are only expected to rise now onwards. Those who invest during this period would benefit the utmost. Infrastructure developments such as Hyderabad Metro Rail (HMR), Outer Ring Road (ORR), radial roads, offer buyers an attractive preposition to invest. There are almost 20 flyovers that currently


Cover Story

crisscross the city. The HMR is expected to generate at

least 30,000 crore more revenue and investments after completion, following the economic activity to be kicked off by the project all along its corridors. “It will prompt some of the bigger developers to put up malls and housing within a 2 km radius of the HMR stations," explains Raj Padmanabhan, former president of AP Realtor’s Association. The connectivity from the city’s periphery to central locations will improve and this is likely to result in significant new project launches along the three metro rail corridors.

The areas along the proposed Information Technology Investment Region (ITIR) at an estimated cost of 2.19 lakh crore, spread over an area of 202 sq km in three clusters — Cyberabad Development Area and its surroundings in the west, Hyderabad Airport Development area and Maheshwaram in the south, Uppal and Pocharam areas in east of Hyderabad are certainly going to be drivers of growth and a sure shot bet for investment in the long term. The ITIR is expected to generate 15 lakh direct and 35 lakh indirect jobs in the IT sector over the next five years. Several IT majors such as Google, Amazon, facebook, TCS,

Microsoft, Cognizant etc. are expected to set-up their operations in the ITIR corridor. So, commercial development is expected to drive the job market, which in turn would push up the price of plots in the vicinity.

The gaming and animation zone being set up by the state government at Raidurg, near Hitech City at a cost of 200 crores, spread over 30 acres of land to provide an entertainment technology based eco-system, Science City being taken up on

83 acres of land at Budvel at a cost of Rs 160 crore, the Eco Park at Kotwalguda and Hyderabad Habitat Centre that would be taken up in 11 acres land at Khanamet have revived the sentiment in a radius of 15kms from the hi-tech city. The HMDA plans to develop another hub both for commercial and residential spaces in about 100 acres in Khanamet between Hi-Tec City MMTS station and the proposed metro rail station near Shilparamam. It has a great potential being located on the spinal road connecting the National Highway 9 (Mumbai Highway) on the JNTU-Kukatpally-Hi-Tec City stretch.

West HyderabadTowards the west of Hyderabad the

areas inside the golden triangle formed between Kukatpally, Gachibowli and Hitec City are at their high. The presence of headquarters of Bombay Stock Exchange (BSE) and the permanent office building of the Insurance Regulatory and Development Authority (IRDA) in and around Gachibowli is expected to give the necessary push to the sector. Moreover, every year almost 100,000 jobs are created around Gachibowli and financial district. Therefore, areas around the triangle are the hotspot of investment.

One can look at investing in plots around Kollur, Edulunagulapalli, Velimala, Pati, Patighanpur and further upto Muthangi in Partancheru Mandal

Pragati Green Islands adjoining Pragati Resorts, Proddutur village, Shankarpally

HMDA Map

ref to google maps for locating the hotspots


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along the ORR on the north west of Gachibowli. Kondakal, Mokila and the stretch further west of Gachibowli upto Shankarpally are the other emerging hot spots. Areas in the north of Gachibowli, including Beeramguda, Aminpur and further north along the ORR from Patancheru to Sultanpur, Mallampet, Bachupally upto Bhanoor promise bright prospects. The stretch in the south of Gachibowli, going beyond Manchirevula, APPA junction, its adjoining Bandlaguda, further up to Kismatpur are the other spots with prospects of sizeable appreciation in the near future.

One could zoom into Kollur within 10 minutes from Wipro-Polaris-CA circle, located 13 Kms from Gachibowli while driving through the ORR service road. There is ORR entry / exit point 1 Km ahead of Kollur. On driving from airport, you could get on to the service road at Puppalaguda intersection and drive to Kollur past Kokapet. The intersection at Kollur (called Edulunagaluapalli intersection) is a vital reason for attractiveness of land around Kollur since it gives access to the ORR itself for people around, instead of using service road. Land in Kollur is generally flat and green and this feature continues along ORR in adjacent villages. Kollur has excellent schools like Samasthi International School. Several survey numbers in Kollur, Velimala, Edulunagulapalli and Pati villages face the ORR.

Being close to Gachibowli and outside GO111, has helped Kollur to be one of the first ORR villages to find new age development happening. Edulunagulapalli which is 2Kms from Kollur has a Railway Station (Hyderabad –Mumbai line). MMTS is being extended to Shankarpalli and hence Edulunagulapalli will have access to MMTS. Several developers have applied to HMDA for approval of apartment and villa projects in Kollur, Edulunagulapalli, Velimala and Pati. These areas are soon going to see large scale construction activity happening here. The prevailing plot rate of HMDA approved plots in Kollur and adjoining villages ranges from Rs8, 000/- to Rs 10,000/- per sq yd.

Patighanpur and further up along the

ORR, Muthangi in Patancheru Mandal of Medak district on the west of Gachibowli is another favourite. The current average price of a plot close to ORR in a gated community at Muthangi ranges from Rs. 5000 to Rs. 6000 per sq. yd. The upcoming flyover at Muthangi, radial roads connecting Patancheru with ORR, will change the face of this region.

Kondakal set in R1 zone of HMDA master plan, 8 Kms away from Shankarpalli railway station and 15 kms from Lingampally railway station is on the northeast of Mokila and west of Gachibowli with prevailing prices at around Rs 6,500 per sq yd. offers a promising investment preposition. Located 4 kms from ORR in the border of the Rangareddi and Medak district, close to the upcoming IT SEZ at Kokapet

and the Wipro Phase II, Kondakal has prominent business management schools, engineering colleges, hospitals and world class international schools like Indus, NCC Samashti, Birla Open Minds School in the vicinity. Strategically located, next to Kollur / Velimala and just 3 kms from the proposed MMTS Phase II at Edulanagulapalli, plots at Kondakal could be a good bargain deal at the prevailing prices. Hiranandani Urbania and a host of other projects are coming up in the area. HMDA approved Lahari Green Park at Bhanur beyond Kondakal close to Patancheru Shankarpalli road is one of the layouts where plots area available between Rs

5,000 to 6,000 per sq yd.Mokila a quiet expanse of green about

16 kms on the west of Gachibowli at a twenty minutes drive offers a picturesque countryside environment and is fast becoming one of the luxurious residential destinations. Located along the Shankarpally road, 3 kms away from ORR, Mokila is just 4 kms from Raithu Bazar at Shankarpally. APSRTC is running buses from Shankarpally to Mokila. The nearest railway station to Mokila is Shankarpally. Mokila falls under Residential (R1) Land Use Zone as per HMDA Master Plan, surrounded by green areas and is the first village which is outside the control of GO111 bio-conservation zone. Potential to develop as a premium residential area due to various gated villa, apartment and plot ventures in the area promises an attractive investment option. Realty

majors like Aparna, GVK, Reliance, SARK, Subishi Developers are holding huge chunks of land here. Prevailing price of HMDA approved plots here ranges between Rs 5,000/- to Rs 7,000/- sq yd.

Shankarpally brings a living environment with plenty of water resources on one hand and capital appreciation by virtue of upcoming, Apparel Park, various mega townships, IT SEZs, select group of schools and colleges on the other. Shankarpally a fast growing residential hub with presence of many villa projects in close proximity to MMTS Station and Aloor Electronic City is an enviable option. The layout of Aiswarya Residency by Pudota Estates in Masaniguda village here at Rs 2000/-

Lahari Resorts at Lahari Green Park, Bhanur, Shankarpalli


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December 2013 - January 2014 23


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sq yd is one such opportunity to invest. Pragati Green Islands by Pragati Green Meadows & Resorts in Proddutur village and Peacock Paradise by MVR Harivillu are some of the other projects in the area.

The stretch on the north of Gachibowli while travelling to Pantancheru along the Mumbai highway, off the east of BHEL, Beeramguda and further to its east, Ameenpur are other spots worth looking at. The plot rate ranges between Rs 12,000/- to Rs 13,500/ per sq yd in Beeramguda. Ameenpur just 4 kilometers Off Mumbai Highway is an excellent location just twenty minutes drive from Hi-Tech City, close to good schools, hospitals and all facilities of daily needs. Roads are in good condition and have good connectivity to the main city. Ameenpur, Chandanagar 150 feet radial road directly connects with ORR at Sulthanpur Junction and provides an easy access for going to Nizamabad Karimnagar, Gachibowli through ORR. Colonies like Ordinance factory employee colony, BHEL Township and Milayaram Pharma Cluster are in close proximity. Plot rates range here between Rs 5,000 and Rs 8,000/- depending upon the location and the type of layout.

The stretch on the north of Gachibowli, along the ORR from Muthangi junction to Sultanpur, Mallampet, Bachupally, further upto Bowrampet promise bright prospects. In Sultanpur the going rate near SEZ close to ORR is around Rs 4,500/- sq yd in a gated community, while it ranges between Rs 5,000/- to Rs 6,000/- per sq yd in Mallampet. Mallampet has become the hub for the top engineering and residential junior colleges. Dr. Reddy's Laboratories custom pharma services, besides a host of industries including pharmacy, IT, apparel and industrial development areas make Bachupally a hot spot. HMDA approved plots are available for Rs5, 500/- per sq yd in Bachupally. Lahari Green Park is one of the popular residential layouts at Bowrampet near Bachupally, where the prevailing price is between Rs 6,000/- to Rs 7,000/- per sq yd. Bowrampet is fast developing into a major residential and commercial suburb after the construction of ORR and its location proximity to JNTU

and Kukatpally just 6 kms away, 10 kms from Miyapur X roads, 12 kms from Madhapur and 3 kms from Bachupally.

Moving on to south of Gachibowli recently, Anil Ambani of Reliance announced to revive the 100-storey project that his company had planned years ago at Manchirevula. Located at a distance of hardly 10 km from the IT hub, Manchirevula offers properties at Rs 14,000/- to Rs 16,000/- sq yd with almost 20-30 per cent lower prices and holds a high potential of becoming the next IT hub. “Buoyed by its proximity to Gachibowli, ORR and Airport, Manchirevula is a preferred residential destination for its ample supply of water, which is a problem in Gachibowli. DLf and Raheja group have already acquired spaces for setting up IT projects in Manchirevula. With an investment plan of over Rs 1,000 crore, the location is set to develop on the lines of Gachibowli. The telecom and banking industry is already well-established in Manchirevula”, says an HMDA official.

Those with an eye on quick appreciation can also look at the stretch from Narsingi to Andhra Pradesh Police Academy (APPA) Junction on the ORR; the prevailing price here is between Rs 12,000/- to Rs 15,000/- per sq yd. Its connectivity with airport and Mehdipatnam market by trains, buses and public transports, besides presence of schools, banks ATMs and hospitals in the neighbourhood

make it a popular destination. “Beautiful apartment and villa projects in the midst of green stretches are coming up in these areas. Narsingi in particular is ideally placed due to excellent proximity to the IT Hub of Gachibowli and Hitech city. It is about twenty minutes drive from the upmarket areas of Banjara Hills and from the International Airport,” says Mitesh Kulkarni of Accurate Developers. Bandlaguda in close proximity on the periphery of the growth corridor well connected with wide arterial and radial roads connecting the inner and outer ring road and the suburbs, priced between Rs 11, 000/- to Rs 13,000/- per sq yd. could fetch sizable appreciation.

Kismatpur in Rajendranagar taluka of Ranga Raddy district is amongst places beyond APPA junction offering good plots, affordable independent houses and villa projects along the southern corridor due to its proximity to the IT hub, ORR, APPA junction and being only 12 kms from airport. Budvel railway station at a distance of 5 kms and Npa Shvrampalli railway station 6 kms away are the nearest railway stations. The prevailing plot rate ranges between Rs 7000 to Rs 9000 per sq yard here.

South HyderabadRajendranagar on the south west,

the ITIR cluster of Hyderabad Airport Development area including Shamshabad

Lakshmi Garden City by Sree Durga Estates at Shadnagar


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and Maheshwaram, along the national highway seven that goes to Bangalore up to Shadnagar and Katedan Industrial Area and beyond along the Srisailam highway on the south and Adibatla on the southwest of the city close to Sagar highway offer attractive rates and rapid economic growth.

Shamshabad is the next destination in the premium market, much like Gachibowli. The prime corridor of Shamshabad-Gachibowli will have substantial growth. Real estate activity accentuated the development of Shamshabad once the airport in 2008 became functional here. Being on the National Highway-7 route that leads to Bangalore it has good infrastructure already in place. Now it's surrounding areas and access routes including Rajendra Nagar and APPA Junction, which is equidistant from Shamshabad and Gachibowli are among the list of the upcoming and future residential destinations of Hyderabad.

The second phase of the MMTS will cover Shamshabad besides connecting various places in Hyderabad to the international airport. `Shamshabad and surrounding areas are good for land investment as there is still availability. Besides, gated community is another good way. This area is also dotted by educational institutions, hospitals, making it a preferred investment destination for IT professionals and NRIs,'' says Ramu Vanaparty, COO, Shanta

Sriram Constructions. The prevailing land rates here range from Rs 4,000/- to Rs 6,000/- per sq yd. Aliens HUB by Aliens Group, Lorven's City by Vasundhara Projects, Rainbow Drive and Bloomington by Green Home are some of the layouts in Shamshabad offering a bargain deal.

Along Bangalore highway prices are between Rs 1,500 to Rs 3,000 per sq yd. The railway station at Kothur along Bangalore highway and the ISRO facility are going to be the growth engines. It takes just ten minutes to reach Mehdipatnam, 15 minutes to reach Gachibowli. Land is available at a competitive rate. Shadnagar further off the Bangalore highway is another area attracting investors. Customers here are

buying land with a long-term view. At Shadnagar land is available for as less as Rs1000 per sq yd in Lakshmi Garden City near Rameshwaram temple a venture of Sree Durga Estates.

There is going to be a huge residential demand in the coming years with massive rise in employment in the neighbourhood of Sri Sailam highway as compared to any other part of the city. Incidentally, the highway was approved by the Central government’s Department of Electronics and Information Technology for the establishment of two Greenfield Electronic Manufacturing Clusters (EMCs) at two different locations. They have been proposed to be developed at an estimated outlay of about Rs 940 crore. Moreover, the Electronics Industry Association of AP is planning to invest a major portion of the Rs 1,800 crore investment in eCity. The first cluster of the EMCs is proposed to come up at the eCity, which was formerly called fab City, located along the Srisailam highway in an area measuring about 602.37 acres, beside Tukkuguda, close to the ORR. This EMC is proposed to have an SEZ area of about 263 acres and a non-SEZ area of about 339 acres

Plots off airport, along the Srisailam highway, are priced at Rs 1,400 to Rs 2,000 per sq yd. Sukrithi Royal, an HMDA layout by Subha Gruha Projects and Lorven's Paradise by Vasundhara Projects Pvt.ltd at Kandukur besides

Tata unit at APIIC Aerospace SEZ at Adibatla

TCS construction in progress at Adibatla


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Eldorado by Green Home are some of the projects along the Srisailam Highway worth exploring.

Maheshwaram in the south of airport and flanked by Bangalore highway on its west and close to Srisailam highway on its east has prestigious landmarks as Infosys, Rajiv Nano-Technology park, Hardware park, fab city, Jewellery park, Apparel park, world-class hotels and hospitals, Grapes Export Zone, APHB township, Agha Khan international school, IT clusters and Asia's biggest amusement park in vicinity. SEZs for world-class IT and Infrastructure Estates by Raheja Group, Indu Estates and Brahmani Infotech of Navabharat ferro Alloys group are some of the other projects in the area. The second cluster of the EMCs is proposed to come up at Maheshwaram, located in Ranga Reddy district. It would be developed over 310 acres at an estimated cost of about Rs 360 crore. Maheshwaram EMC would attract an investment to the tune of about Rs 800 crore. Besides, it would also provide direct

employment to about 14,000 people as well as indirect employment to about 84,000 people. Plots in Maheshwaram are priced between Rs 1,800/- to Rs 3,600/- per sq yd. Red Clay Court by Westmount Projects is an HMDA layout in Maheswaram Mandal.

The quadrant on the south east of the city being on the GHMC border is a spot to watch. The corridor along the Nagarjuna Sagar Road is dotted with defense establishments, research laboratories and academic institutions, especially engineering colleges. Moreover, the government is planning a huge defense complex outside Ibrahimpatnam. Adibatla strategically located off the Sagar road, tops the list of emerging hot spots. TATA Aerospace and Precision Engineering at APIIC Aerospace SEZ got Adibatla into the limelight. TCS is building the largest single block office space in India, designed to accommodate more than 25,000 IT professionals on 70-acre land. Cognizant has acquired more than 50 acres land and engaged the construction powerhouse L&T, to build a campus to house 15000 Software Engineers, right across the TCS campus. “Adibatla is witnessing the launch of several plotted projects, quoting Rs 5,800-6,800 per sq. yard. Over the next five years, the total IT work force in Adibatla would reach a whopping 50,000. In effect, we are looking now at the emergence of the third

IT Cluster in Hyderabad at Adibatla after Hitec City and Gachibowli,” says MV Narendranath Reddy of Grand Ville Realtors.

East Hyderabad “The state government’s decision to

develop the Hyderabad-Warangal stretch into an industrial corridor has given a boost to the already developing second IT Hub of Hyderabad. Uppal and Pocharam on the east of the city are to be connected by metro rail, besides being one of the three clusters of ITIR; areas beyond Uppal upto Bibinagar are going to fetch good returns on investment in the long term. Developments like Singapore Township, Raheja Mindspace IT Park, Infosys Campus, and connectivity with ORR at Ghatkesar have catalysed the growth of Pocharam located off the 6-lane Warangal Highway. So, from Pocharam towards Ghatkesar further down still there is a lot of potential. The land prices are low and developers are yet to take a

NSL Arena IT SEZ at Uppal

Uppal Metro station

Where to look for a plotStart looking for a plot near an

upcoming area with development of infrastructure and other public and private projects happening in the vicinity. Investments in plots in such areas have good scope of appreciation. The cost of the land should be low, ranging anywhere between Rs1000/- to Rs10, 000/- sq yd. The travel time from the plot to the nearest hub (IT park /industrial/office area, etc.) should be less than 1 hour, and the lesser, the better. Well connected with roads to railway station with commercial area, schools, colleges and hospitals in the vicinity. The roads must be a minimum of 30' wide inside the layout to enable free flow of traffic in both directions with enough space for parks and common areas. Plenty of fresh air, greenery and underground water in that area will make the venture / gated community an ideal location of your choice.


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bet”, says Ashok Swaminathan of Modi Builders.

With the Metro Rail depot at Uppal to come up by March 2015 and the development of NSL Arena IT SEZ which already houses over 15 top fully functional IT companies, is attracting many more owing to lower rent for commercial spaces here. Infotech, Suneratech IT solutions, 24/7, Truven Helath, GVK Technologies, Genpact and others are some of the companies that are fully operational in the region. The first phase of this IT SEZ with about 7 lakh sq ft area project is complete and second phase will be taken up in early 2015. The company has already tied up with PVR Cinemas for a mall.

“Affordable property prices and availability of huge land parcels with 15-20 per cent appreciation expected in the next three years have resulted behind emergence of Pocharam as a most favored real estate destination in east Hyderabad. HMDA approved plots are available for as low as Rs 2,200-2,600 per sq yd in Bibinagar, going upto Rs 3,500/- in Ghatkesar and further quoted at Rs 5, 000/- per sq yd in Pocharam. The prices as of now are under quoted here with Pocharam being just 12 kms from Uppal,” says Sreedhar Reddy former president AP Realtor’s Association. “Availability of HMDA approved plots in sizes ranging from 60-500 sq yd is a

boon for the location. These plots suit the investors within a budget bracket of 3-25 lakhs,” says Sai Charan of Building Blocks Group.

North HyderabadThe stretch from Kompally to

Medchal and beyond upto Kallakal along the Nagpur highway including Gudlapochampally, Kandlakoya, Yellampet are few other options that may offer a decent growth due to establishment of various software companies, APIIC industrial zone, besides region’s connectivity due to Nagpur highway, ORR intersecting through Kandlakoya, MMTS between Secunderabad and Manoharabad via Medchal. Kompally is already well developed with prevailing rates shooting to Rs 10,000/- sq yd in and around the area. Complementing the spurt in residential activity, commercial hue started catching up with several eateries and entertainment facilities lining up to serve the residents. Lots of schools, hospitals, institutions, shopping malls and other recreation centers provide best of the ambiance dotting the cityscape here.

Aparna Kanopy Jasmine by Aparna Constructions and Primus Epsilon by Primus Developers both at Gudlapochampally near Kompally are offering residential housing plots of various sizes. Metro Homes by Headway

Properties and Jayadarsini Township by Jayadarsini Housing Pvt Ltd in Medchal are some of the layout projects that could be explored. In Medchal the price ranges between Rs 5,000/- to Rs 6,000/- per sq yd.

“Although western part is booming but north has its own ambience and charm. While connectivity and commuting time are two factors that work on buyer’s mind. Those on the lookout for being located far from the wilderness, north Hyderabad with its open green stretches offers an ideal bargain,” says P Dasharath Reddy, President, TREDA.

Residential real estate demand is now expected to grow 8-9 percent and residential capital values at a faster pace in 2014 and 2015 as compared to the 6-7 percent envisaged earlier. Experts say those of you who invest in plots in these upcoming hot spots of Hyderabad can expect up to 15 percent appreciation after one year. Hyderabad having excellent infrastructural development is poised for a better performing market in the second half of 2014. While enquiries and sales are expected to gain momentum, prices may go up soon. The year 2013 saw end user making their moves out of necessity, while the investors were in a ‘wait and watch’ mode. Now, by the end of 2014 the supply is expected to align with the demand.

[email protected]

Primus Epsilon by Primus Developers at GudlapochampallyJayadarsini Township by Jayadarsini Housing Pvt Ltd at Medchal

August 2014 - September 2014 31

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industry hails union

budgetmodi government’s maiden budget to give

a boost to the real estate sector with a wide range of incentives announced by union finance

minister arun Jaitley, reports Jydip mukherji

Realty developers, consultants, industry and the people have welcomed the government's initiatives to give tax sops on home loans, setting up of investment trusts, easing of fDI rules and an allocation of Rs 7,060 crore for development of 100 smart

cities. Industry experts feel that these measures would boost housing demand and encourage investment in the slowdown-hit real estate sector.

“Increase in the income tax deduction limit under Section 80C from Rs 1 lakh to Rs 1.5 lakh and in the deduction limit on interest payment for housing loans from Rs 1.5 lakh to Rs 2 lakh would lead to improved sentiment in the housing markets.

The Budget has also given indirect benefits for the residential sector by increasing the individual income tax exemption limit to Rs 2.5 lakh which would place more disposable income in the hands of the people,” says Ashok Swaminathan of Modi Builders.

This will enable a home buyer to save an additional amount of Rs 15,450 from his tax liability. It will also, in effect, lower interest rates for home loans. So say that one has taken a loan of Rs 25,00,000 to buy a house at an interest rate of 10% for 20 years, the EMI will be around Rs 24,125, which adds up to Rs 2,89,500 annually. Out of this, Rs 2,50,000 will go towards interest payment and the rest Rs 39,500 will be used for principal repayment. Post-Budget, the buyer can avail a deduction of Rs 2,00,000 from his or her taxable income as the interest payment will be Rs 2,50,000 in the first year. This will enable the buyer to save Rs 61,800 from tax liability if his or her income is in the highest tax bracket of 30.36%. The net tax outgo after adjusting for the savings in tax will be only Rs 1, 88,200. As the principal is Rs 25, 00,000, the net interest rate will work out to only 7.53%. But if the borrowed amount increases, the net interest rate will increase. So if the loan amount is Rs 1, 00, 00,000 at 10% rate, the net interest rate will be 9.38%. This is because the tax benefit remains at Rs 61,800 only.

Experts say that in big metros like Delhi, Mumbai and Bangalore where most flats cost upward of Rs 1 crore, it would make little difference to a buyer. M L Rao a property consultant says the relief was marginal for those who live in tier-one cities. “The rebate should have been much higher,'' he said. “In Mumbai, the average cost of a flat is Rs 1.2 crore. On this, the monthly EMI itself would be around Rs 1 lakh, of which 80% goes towards interest. This exemption is not enough to promote housing in tier-one cities,'' he said. “flat buyers in tier-two cities where prices are comparatively much lower will feel the difference.

“The increase won't change anything for flat buyers in big cities like Mumbai. “But it is an incremental difference for homes in the range of Rs 25 lakh to Rs 50


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lakh, which are available in the Mumbai metropolitan region,'' M L Rao further adds.

The statement by the union finance minister Arun Jaitley that “the government is committed to have housing for all by 2022” has sent an encouraging message to the housing sector. He followed up on his commitment by bringing in a slew of measures. He relaxed the fDI rules by reducing the built up area and capital conditions for fDI from 50,000 sq meters to 20,000 sq meters and from USD 10 million to USD 5 million, respectively. He encouraged the REITS by giving them a pass-through status for taxation, paving a way for raising capital and easing pressure on the banks

It requires anywhere between 5.5 acres to 8 acres to develop a project with a built-up area of 50,000 sq metres, depending on the amenities and facilities. “With such large land parcels hardly to be found within or even closer to the city limits and given the high cost of such land, these projects were launched away from the city. With the lowering of the built-up area requirement, one can now develop an fDI-funded project closer to city limits, since just about 2 acres would be sufficient to develop a project with a built-up area of 20,000 sq metres,” says R Chalapathi Rao, Executive Vice President, TREDA and Vice President, NAREDCO. from the investors’ perspective, the lowering of the capital requirement can reduce their risk, result in faster execution due to smaller project size and can facilitate quicker exits.

The government has allocated Rs 7,600 crore for developing 100 smart cities. This plan entails greater role for infrastructure and housing companies in the days to come. "To boost the development of smart cities, the finance minister has proposed changes in fDI for real estate sector. The reduction in built-up area and size of projects will allow mid-sized and smaller developers with good track record better access to fDI and boost affordable housing," adds Chalapathi Rao.

The introduction of REITs would spell scores of opportunities for developers, private funds, financial institutions and

other investors, as they can be used as an exit vehicle to rotate funds as per requirement. "REITs have the potential to solve several issues that act as an impediment to the growth of the economy viz., transparency, credit crunch, liquidity of real estate assets and execution of property developments across the country, and help build infrastructure," Chalapathi Rao further adds.

CBRE South Asia Chairman and Managing Director Anshuman Magazine said: "The biggest announcement for the realty sector was SEBI being directed to introduce REITs in India. We expect the entry of this much-awaited investment instrument to provide alternative funding channels to the realty sector."

There is a shortage of about 1.9 crore homes across the country, about 96% of it is in the economically weaker and low-income segments. On the other hand, seven lakh homes in the middle segment to high-end segment remain unsold in the top seven cities. “A beginning has been made in the area of low-cost housing with the budget setting aside Rs 4,000 crore under National Housing Bank, which would be used to boost the supply of low-cost housing. Given that India needs more than 19 million residential units, the scope for low-cost housing is immense. RBI's move to bring housing loans of up to Rs 50 lakh under priority sector lending, against loans of up to Rs 25 lakh currently, is expected to provide a boost to home loan borrowers and real estate companies. So far, those availing of home loans of up to Rs 50 lakh were paying 10-11 per cent interest. Now, with the new norms in place, they might see a fall of 25-50 basis points in rates in the medium term,” says an official of HDfC ltd.

Now lending for affordable housing implies loans eligible under priority sector, and loans up to Rs 50 lakh to individuals for houses costing up to Rs 65 lakh located in the six metropolitan centres of Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and

Hyderabad. for other areas, it covers loans of Rs 40 lakh for houses with values up to Rs 50 lakh. The central bank intends to ease the way banks raise long term resources to finance their long term loans for infrastructure as well as affordable housing.

According to Navin Raheja, the chairman of NAREDCO, “the Budget promotes growth and development of the economy. The development of 100 smart cities and industrial smart cities will give a leg up to new projects and investments in the country, giving a completely new trajectory to the sector. These new cities would also reduce the burden on infrastructure in our heavily congested cities. Goods and Services Tax (GST) is expected to solve the burden of multiple taxation in all sectors and reduce cost and compliances". focus on infrastructural projects through allocation of funds for highways, policy for long-term financing of these projects by banks, c rea t ion o f


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Plot No. 43-A, Journalist Colony-A, Jubliee Hills, Hyderabad-500033, A.P. Tel: 040-65572184, +91-9989844467 email: [email protected]

expressways along with industrial corridors, setting up of new airports, etc, will have a tremendous impact on the real estate development in the country.

Similarly, the thrust on housing by increasing allocations for both rural and urban housing reflects the commitment to alleviate the shortage of housing in the country. Jaitley informed that the Rural Housing Scheme has benefited a large percentage of rural population who have availed credit through Rural Housing fund (RHf). In the light of the above, enhanced allocations to the tune of Rs. 8,000 crore has been made for National Housing Bank (NHB) for the year 2014-15 to expand and support Rural Housing in the country.

The government also committed itself to extending central funds to augment urban infrastructure in 500 cities and towns, providing safe drinking water, sewerage, solid waste management and digital connectivity. Not just smart cities, Jaitley provided a major boost to urban development across the country, raising the budgetary allocation for this fiscal by 133%. The thrust will be on more amenities in cities as well as smart transport. The allocation for urban infrastructure and governance has been raised to Rs 17,628 crore compared with Rs 7,548 in 2012-13.

“Emphasis on building smart cities, urban renewal, provision of basic amenities and promoting affordable housing in urban areas is the need of the hour as it is required to meet the aspirations of the countrymen for a better urban living,” urban development minister Venkaiah Naidu said.

The present corpus of Rs 5,000 crore in the Pooled Municipal Debt Obligation facility, which was set up in 2006 with the participation of several banks, will be enlarged to Rs 50,000 crore to make more money available to local bodies to spend on infrastructure. The facility has been extended by five years up to March 2019.

The budget also set aside Rs 100 crore for Metro projects in Lucknow and Ahmedabad. Jaitley said planning of Metro projects in two million plus cities must begin now. The minister also announced launching of Shyama Prasad Mookerji urban Mission to get efficient civic infrastructure and associate services to people living in rural areas.

Adds Anant Rao, chartered accountant, “If you want to encourage housing, no matter what interest you are paying, it should be exempted from taxation. It's a basic need.'' The industry had demanded that the limit be hiked to at least Rs 5,00,000, which could have covered repayment of loan of Rs 100,00,000 for quite some time.

“Though the budget is encouraging; the long prevailing woes of the industry like granting industry status, implementing the single window clearance, tethering the high cost of finance, evolving a workable land acquisition policy, and speeding up the reforms and infrastructure growth

need to be addressed,” says Mitesh Kulkarni of Accurate Developers.

“One suggestion the government needs to consider is to give a depreciation benefit to persons who invest in houses. If the same is given, it would benefit the investor as the depreciation can be set off against his annual income while paying taxes. This will be a great boost to the industry. The government will also benefit as it would give a great impetus to the consumption of over 300 goods and materials related to the industry. Such a measure would indeed revitalize the economy and create employment to millions. It may well make ‘Housing for all by 2022’ a reality,” Mitesh Kulkarni further adds.

The real estate fraternity and industry at large has hailed the various provisions made in this year’s union budget with endeavor to create an outline for reviving all sectors. A growing economy will in turn boost the real estate sector also. The Union Budget’s positive initiatives are commendable. Incentives for affordable housing, raising tax exemption limit and interest reduction in home loan will bring further momentum to the sector. Promotion of industrial development and growth of manufacturing sector will give a boost to Tier II and III cities, leading to improvement in urban infrastructure and create more avenues for employment, income and lifestyle improvement. In short, the government has set up the broad framework on which to build the structure of its vision “Housing for All by 2022.

[email protected]


In focus

Curtains Rise on 5th TREDA Property Show the fifth treda property show is about to take off, amidst the heat and dust in the run-up to the event, a flurry of activity has intensified, reports Jydip mukherji.

It’s show time once again. The fifth TREDA Property Show is going to be held at HITEX from 17th to 19th October

2014. The show that has consistently stirred the property markets across south of India for the last three years is all set to present more than 400 projects of almost 150 developers, 20 banks and financial institutions and a splurge of product suppliers through its 190 stalls in the offing. To top it all like the previous years the event will kick start with a daylong conference on the opening day,

to be attended by 300 delegates from a wide cross section of industries. Attracting attention from unexpected quarters, all set to surpass the previous years’ footfalls with a stable state government in place, the show is becoming the most talked about expo amongst the echelons of the industry.

To talk about HITEX the venue for the event has been at the forefront of conducting and facilitating global events, exhibitions and conventions across industry verticals for over a decade

An aerial view of TREDA property Show Stalls at HITEX


now. Spread over 50 acres, built with world class infrastructure that patronises cutting edge facilities, sophisticated services, host of facilities and advance conferencing methods, it outcasts all the other destinations as a one-stop resource for exhibitions, trade shows, corporate events and conferences.

According to P Dasharath Reddy, President, TREDA, “Right now the market is definitely looking up with a stable government in place both at the centre as well as in the state which is looking to attract new investments. Moreover investors as well as end users are also keen to invest in Hyderabad because of the competitive pricing prevalent in the property market. We had a fantastic attendance of 55,000 people visiting our show last year and expect it to go up to 70,000 this year.”

The daylong conference on ‘Resurgent Hyderabad- the way forward’ is being hosted in association with knowledge partner Jones Lang LaSalle. According to Mitesh Kulkarni, head of the TREDA Conference Committee, “The knowledge based conference will have focussed presentations from industry leaders on how Hyderabad is all getting prepared to invite investments, new enterprises, expansion of existing enterprises, collaboration of business initiatives using innovative techniques and practices with

TREDA 2013 Conference in session

Some colourful moments of 2013 TREDA property Show

THE CoUNTDoWN To THE BIGGEST REAL ESTATE ExTRAVAGANzA oF THE

yEAR, FIFTH TREDA PRoPERTy SHoW HAS BEGUN. So oN yoUR MARkS, GET SET AND Go! To MoVE AHEAD WITH THE

TIMES! To BE A PART oF AN EVENT THAT WILL oNCE AGAIN CREATE A HISToRy

oF SoRTS.

In focus


a stable state government and requisite infrastructure in place. Presentations from industry big wigs and senior government officials will keep the delegates engaged throughout the day with little time to even bat an eyelid.”

Talking about the highlights of this year’s show M Vijay Sai, secretary general TREDA says, “Be it the location, layout, attractive look or reasonable pricing of the stalls, the TREDA property show is a trend setter amongst all such shows held in the city. That is why it is drawing huge crowds year after year and the most preferred property show for the vendors, financial institutions and new product launches. The best part of this property show is spot bookings at the property show for different properties in different locations. Participation is open to all the developers irrespective of whether they are our members or not.”

According to Sunil Chandra Reddy, Executive Vice President TREDA, “We thought it to be the best way to help our friends from the real estate fraternity. Initially we thought it would be a brand building exercise where developers could showcase their projects to thousands of visitors who visit the exhibition. But over the last four shows the participants have been extremely satisfied with the response that enabled them to sell their villas, apartments and open plots last year. for the consumers too it is a unique opportunity to choose from several projects at different locations, of various specifications with an affordable price range starting from Rs 1800 per sq ft in

the out skirts to Rs 7000 per sq ft on the higher end.”

It is a million dollar opportunity on one hand for the developers, builders, banks, financial institutions, construction material and interior manufacturers and suppliers to showcase their products and services to more than 60,000 prospective customers who are expected to throng the venue during the three day event (going by last year’s attendance). The event spread over two halls presents unique opportunity for the participants to network and interact with representatives from various verticals besides enhancing their brand equity. While on the other hand customers can pull up their sleeves and grab their bargain deal when Hyderabad’s residential pricing is at its best. A plethora of options to choose from, all under one roof, you could zero down on your choice that you had put on hold for all this while. So, what are you waiting for? Make hay while the sun shines!

Every visitor to the event can participate in the bumper draw that will be held every two hours with attractive prizes like car, gold and silver coins. Elaborate food court arrangements and kids play area to cater to family traffic are some of the other attractions in store.

With the announcement of the show half the stalls have already been booked because of brand equity that the show has acquired over the last few years. Still those of you, who want to grab their share of the booty, hasten up to reserve your space before you regret. While customers can

plan your schedule so that you are there in the city when the event is being held to get some intellectual enlightenment from the daylong conference and indulge in a bit of shopping, to shop for your home! Sweet home!

“Event of this stature has not only synergised the organization, strengthening team work, camaraderie and evolved better coordination among our members but also galvanized the industry to work in tandem to present their best to the customers,” adds P Dasharath Reddy, president APREDA . So once again the curtain is about to rise on the fifth edition of the TREDA Property Show. for those of you on the lookout for the finest living spaces, this is an opportunity you just cannot afford to miss. Hold on with bated breath. One! Two! Three! Get ready to step into the mega show of the year.

[email protected]

A view of attractive Lucky dip prizes an integral feature of TREDA Property Show

In focus

A complete family affair: Kids Play area at the TREDA property Show


For booking contactTelangana Real esTaTe DevelopeR’s associaTiontel: 040-65572184, Mob: 9989844467eMail: [email protected]

Arch Talk



Arch Talk

landmark Facades

raaj Sree ram Siddamsetty, the managing director of ‘Form and Space’ and in the profession of designing since almost two decades presents some of his works on the evolving building facades of today.

Section - iIt would not be wrong to say that

Hyderabad, today, has beautifully designed houses in the country. The prime factors that influenced this were the topography of the place, the cross section of the people and the desire to outshine thy neighbour.

The hilly terrain with the limitations of Vasthu norms has challenged the architects to design buildings modifying its facades as per the contours of land available, be it flat surface or the slope of a hill. Vasthu has been the major impeding factor in providing good design. In spite of its limitations the architects could develop beautiful architecture here.

Though we find many modern houses being built, some Hyderabadis still nurture a fondness for traditional and classic architecture. Thus, we find myriad designs adjoining each other. This creates its own style. The different plot sizes create buildings of different sizes and as such the areas for landscaping. These variances lend their own unique

Archie Talk is an initiative to create a dialogue on the evolution of facades, featuring an architect, who talks about the ongoing trends with reference to his or her work. It is an endeavor to create a platform for exchange of ideas and participate in this process of evolution to enrich our learnings

and replicate interesting practices in our own style to exuberate the cityscape.In this edition Raaj Sree Ram Siddamsetty presents some of his works to

substantiate the evolving facades. His design philosophy is to create something that has a personality, turn into an impressive piece of art with suitable usage of different shapes, colours and materials. The underlying endeavour is to build architectural pieces that could serve as landmarks, not just residential dwellings.

pattern in design.Gone are the high roofs with ventilators

which used to keep the homes cool in the summer, thanks to the municipal byelaws and the need to build more in the given space. Natural elements have given way to artificial remedies.

Building materials have come a long way to help create beautiful concepts

and designs. The limitations of using lime and mortar exist no more. from availability of concrete to glass products, polycarbonate sheets to ceramic and porcelain tiles, we have them all. Even the execution of designs and working on the details have been made easy with the technology at hand.


Arch Talk

SECTION – IIProject opposite Jubilee Hills Public School, Hyderabad

This house was built on a 700 sq yds. plot atop a hill opposite to Jubilee Hills Public School on Road No.71 Jubilee Hills. As per the brief it had to be modern and very functional. The house has sit outs on all levels including a huge lawn along the driveway. Not to mention, we had to adhere to every aspect of Vasthu as in all the other homes that we have designed so far.

The building exterior is devoid of any materials other than the mural in 'Siporex'. The balance is finished in brick and mortar and painted white. This helped in bringing out the sharp features of the building. The car porch was integrated with the verandah which added volume to the building. This was achieved by having a 30 feet by 30 feet slab supported by a single round pillar of 22ft height. There is a freshwater body along with a lotus pond below the verandah with a cascading water fall which jets out from under the elevated verandah.

Project at 'Surya enclave', kharkhana, Secunderabad

The building which is built in 'Surya Enclave', Karkhana, Secunderabad has all the common areas viz. the parking, servant quarters and independent office rooms for the three brothers in the stilt area, one apartment each of about 4,000sft on the first, second and third floor. The design was to be such that it neither look like one bungalow nor like an apartment block.

Cost, maintenance and security were all a matter of concern when we were approached to design the residences of the three brothers. The building was to house three independent homes in one compound which could address all the three demands of the clients. Each floor had different requirements but the kitchen and toilet areas were to be aligned to facilitate service lines to run smoothly and concealed effectively without disturbing the elevation.

We had to carve out niches to break the monotony and also provide private sit outs on every floor. The decor of each floor is very different from the other, starting from the foyer.


Arch Talk

This is a recently completed project at road no.87, jubilee hills. The house was completed within 12 months starting August 2012. A perfect square block, with an international look and appeal, minimalistic in design. It is designed in such a way that the stilt floor and the parking is hidden from the road and the lawn area is elevated . This makes the main living area look as though it is on the ground floor.

The humble elevation sports five different elements. The Butch work white marble cladding from the driveway to the entrance door, the

original stained glass panel on the main door, UPVC windows from 'frame Craft', clear glass windows and railings and textured paint.

The design elements are the MS powder coated screen on the ground floor and the seemingly simple vertical bars which slide the entire length of the first floor balcony. Landscaping is an integral part of the design of this house. In fact the house was designed after leaving the desired space for the outdoor areas and not the other way round.

[email protected]

Project at aziz nagar, Hyderabad

This has been one of my favourite works, a farm house in Aziz Nagar, on the outskirts of Hyderabad. The clients wanted a home away from home with all the features which would otherwise not be possible in the limited area in an urban neighbourhood.

The entire bungalow is spread out on one floor with an attic on the first floor. The ambience was to be simple, casual and relaxing. The highlights of the house are the central courtyard, the swimming pool and the picture windows which allow the unrestricted view of the greenery around. The house is equally comfortable for staying in as it is for entertaining.

The verandah which is approachable from the drawing room overhangs above the circular swimming pool and also acts as a deck. Most of the decorative elements, be it the pool side lights, the murals inside the house etc. were all brought from Pondicherry and are made of white granite.

Project at road no.87, Jubilee Hills, Hyderabad

Landscaping

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e46 H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e46

Happenings

A delegation of TREDA/NAREDCO members visited Mumbai to study redevelopment township projects. The group visited the

projects of oneAvighna, Mantri and L & T, wherein the original land owners/settlers are allotted newly built apartments in high rises of 20 to 24 floors. Members took note of the small size apartments, use of prefabricated technologies for speedy construction and deliberated with the promoters on the issues related to redevelopment of land. Members also visited Nahar group’s project where apartments of various sizes with integrated facilities like school,

medical diagnostic centre, first aid centre, commercial block is being developed under integrated township. The delegates had substantive discussions with Sukhraj B Nahar chairman and ManjuYagnik vice chairman of Nahar Group. They also met Kailash Agarwal, chairman Avigna group, other senior personal of the company and Sunil Mantri of Mantri developers. The visit was facilitated by NAREDCO Maharastra.

NAREDCO undertook a trade mission to Turkey to coincide with the Turkish World Trade Bridge

(TWTB 2014) organised by Confederation of Businessmen & Industrialists of Turkiye (TUSKON) at World Trade Centre, Istanbul recently. fICCI, CII and TICCI from India also participated in the mission. The NAREDCO delegation was lead by R ChalapathiRao, Vice President, NAREDCO and the fICCI delegation was lead by Anoop Kumar Mittal, CMD, National Building Construction Corporation.

The two days Turkish World Trade Bridge 2014 was a grand show with 118 stalls displaying a wide product range of Building Materials, furniture

and Construction Machinery. The trade fair held concurrently B2B meetings with 211 Turkish manufacturers and Businessmen. About 1500 international delegates interested in establishing trade links with Turkish manufacturers attended the twin event.

R ChalapathiRao and A K Mittal held exclusive business meetings with Rizanur Meral, chairman, TUSKON. They offered to organise exhibitions in New Delhi by NAREDCO and at Hyderabad by TREDA. Rizanur Meral asked NAREDCO/TREDA to send proposals for the participation of TUSKON members in an exclusive lounge. The Indian delegation visited a commercial project using latest building technologies and also had presentation meetings at the premises of the developers.

Telangana Naredco ap team with Sri kailash Agrawal, chairman

Avighna group

TREDA/NAREDCo Hyderabad developers visit Mumbai Projects

TREDA’s victory on rising cement prices

To fight the rising price of cement APREDA, TREDA, Builders

Association of India (BAI), the Telangana Builders federation and CREDAI teamed up to form the Joint Action Committee (JAC). Angry builders from the two states had stopped purchasing cement from July 5. The JAC was represented by almost 2,000 developers and 1,000 small, medium and mega contractors from Telangana and AP.

Caving in to pressure from the realtors' body and the Telangana government, cement manufacturers agreed to reduce prices by Rs 20-25 per 50 kg bag depending on the brand, according to P. Dasarath Reddy, president, TREDA and co-convener of the JAC.

NAREDCo Mission to Turkey

R Chalapathi Rao presenting copy of Horizons Magazine to Meral, Chiarman, TUSKON in the presence of Mittal, CMD, NBCC, India

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Happenings

APREDA Diary

R Chalapathi Rao, executive vice president presenting a bouquet to P Koteshwar Rao of

Potineni Homes Pvt Ltd

Members celebrating birthday of M Murali Mohan, MP, Rajahmundry constituency and

ex president APREDA

B Prabhakar Rao (extreme Left) of Swagruha Estates Pvt Ltd and Vijay Kumar Yerram of Shree-

mukh Builders Pvt Ltd (extreme Right)

Horizons June - July 2014 issue being released

memorable moments at the monthly meetingsGlimpses of June 2014

montHly meetinGGlimpses of mAy 2014

montHly meetinG

APREDA donates for AP’s new capital

The formation of new capital for AP would require substantial investment. Responding to the call of Naidu

after being sworn in as the CM of AP asking people to donate to ‘AP New Capital Development fund’, APREDA, Vizag president Gadde Chakravarthy and secretary A. Ramesh Babu along with other members handed over a cheque of Rs. 50 lakh to the chief minister.>


Pulse

Complied by

trivita roy, Assistant Vice President, Research and REIS, Jones Lang LaSalle India, [email protected]


Humour corner

auspicious days

August 2014Date Day Time Nakshatra1 Friday 06:01 to 30:01+ Hasta3 Sunday 18:09 to 30:02+ Swati4 Monday 06:02 to 10:54 Swati6 Wednesday 06:03 to 10:37 Anuradha10 Sunday 06:04 to 30:05+ Shravana, Dhanishtha11 Monday 06:05 to 19:44 Dhanishtha14 Thursday 12:19 to 30:06+ Revati15 Friday 06:06 to 11:05 Revati20 Wednesday 06:08 to 15:41 Mrigashirsha22 Friday 12:26 to 30:09+ Punarvasu, Pushya28 Thursday 11:30 to 26:09+ Hasta31 Sunday 06:12 to 17:12 Swati

September 20147 Sunday 06:14 to 14:31 Shravana, Dhanishtha8 Monday 10:48 to 27:33+ Shatabhisha

Auspicious days

Residential Property Rates in Twin CitiesZone wise prevaling residential constructed floor space/ appartments in sq feet and

plot rates in sq yard of the major localities of Hyderabad and secunderabad are given as follows:


Market Monitor

central ZoneLocality PriceRange Price Range (Rs/Sq Ft) (Rs/Sq yd)

Ameerpet 3600 – 4100 31500 – 46800

Sanatnagar 3500 – 4500 30600 - 49500

Himayatnagar 4500 – 6000 45000 - 63000

Jubilee Hills 5500 - 7500 43200 - 54000

Mehdipatnam 3500 – 4500 40500 - 58500

Padamrao Nagar 2400 - 4500 22500 - 34200

S R Nagar 4200 - 4500 27000 - 45000

Somajiguda 3200 – 4000 36000 - 49500

Srinagar Colony 4500 - 5000 33000 - 36000

West ZoneLocality PriceRange Price Range (Rs/Sq ft) (Rs/Sq yd)

Bachupally 2000 -2400 19800 - 31500

Chanda Nagar 2700 - 3100 22500 - 30600

Hitech City 3900 – 5000 28800 - 40500

Hyder Nagar 3200 - 3500 20000 - 30000

KPHB Colony 3200 – 3600 31500 - 45000

Madhapur 3000 - 4000 31500 - 54000

Madinaguda 2300 – 2500 19800 - 29700

Manikonda 2500 - 3000 15300 - 17100

Moti Nagar 2200 - 2400 21600 – 31500

Nizampet 2700 – 3100 13500 - 25200

Pragati Nagar 2500 - 3300 17500 – 27000

north ZoneLocality PriceRange Price Range (Rs/Sq ft) (Rs/Sq yd)

Alwal 2000 – 2600 18000 - 32000

Bowenpally 2200 – 2800 25200 - 34200

Kompally 2300 – 2600 13500 - 27000

Malkajgiri 2000 – 2400 22500 - 31500

east ZoneLocality PriceRange Price Range (Rs/Sq ft) (Rs/Sq yd)

AS Rao Nagar 2000 – 2400 14400 - 26100

Bandlaguda 2100 - 2400 13500 – 22500

Dilsukhnagar 2800 - 3400 34200 – 58500

L.B. Nagar 2300 - 2700 18000 – 22500

Sainikpuri 2100 –3000 10800 - 19800

Saket 3200 – 3500 14000 - 18000

Uppal 2,072-2800 10800 - 19800

south ZoneLocality PriceRange Price Range (Rs/Sq ft) (Rs/Sq yd)

Appa junction 2600 - 3300 13500 - 18000Attapur 2300 - 2500 16200 - 22500Hyderguda 3000 – 3500 18000 – 22500Rajendra Nagar 2400 - 3000 16200 – 31500Shadnagar 1200 – 2000 1800 – 5850Shamshabad 2100 - 3700 2700 – 4950


Property Listing

central zone

1 Vamsiram Builders Lotus 3 BHK Apartment with Home Theatre

2975 sft - 3200 sft

9849558979, 9642323313

Banjara Hills near Lotus Pond

2 Fortune Group Fortune Ikon 3 & 4 BHK Apartments 2125 sft - 3375 sft

7702333563 / 7702301233

Banjara Hills, Road No. 10

3 Sri Krishna Builders Krishna Elite 3 & 3 BHK Apartments 1600 sft - 1900 sft

Srichand Hinduja - 9292108365

Banjara Hills, Road No.10

4 Sri Krishna Ventures Krishe Valley Premium Residential Apartment

1850 sft – 4500 sft

Suresh Sarma – 9985228889

Banjara Hills, Road No.12

5 Vamsiram Builders Nest 3 BHK Apartment with Home Theatre

2945 sft - 3590 sft

9849558979, 9642323313 Banjara Hills, Road No.2

6 Fortune Group Essjay Fortune 2 & 3 BHK Independent Flats

1165 sft - 2100 sft

7702333563 / 7702301233 Begumpet

7 Bhanu Estates Atria10 3 BHK Independent Flats

2061 sft - 2887 sft 040-27890917 Jubilee Hills

8 Vamsiram Builders Anri 3 BHK Apartment with Home Theatre 3125 sft 9849558979,

9642323313Jubilee Hills, Opp. Andhra Jyothi

9 Aparna Constructions Aparna Aura 3 BHK Premium Luxury

Apartments1820 sft - 2406 sft 950520115 Jubilee Hills, Shaikpet

10 Alekhya Homes Jasmine Residential 1140 Sft - 1695 Sft

Mr.Afroz : 9000729977 Kavuri Hills

11 Choice India Infra Choice India 3 BHK Apartments 2900 sft V.Srinivas - 9441115599 Kavuri Hills

12 Hallmark Alekhya Homes Green Canopy 2 & 3 BHK Apartments 1250 Sft -

1800 sftRamesh - 9849958853

Khajaguda, Beside Lanco Hills

13 Narne Homes Carlton Creek 2 & 3 BHK Apartments 1364 sft - 2556 sft

Siva Prasad - 9885976647

Khajaguda, Near Gachibowli

14 Rajapushpa Properties Pvt. Ltd. Rajapushpa Atria 2, 3 & 4 BHK Luxury

Apartments1350 sft - 3455 sft

Mohan Rao - 9553988822 Kokapet, Gachibowli

15 Gowra Ventures Gowra Tulips 2BHK Independent Apts

970 sft - 2520 sft

8008004755 / 42005189 Madhapur

16 Bollineni Developers Limited Bollineni Homes Residential Apartments 2800 sft -

4700 sftChakravarthy - 9959090390 Madhapur, Hyd

17 Madhu Infrastructure

Madhu Park Ridge 2 & 3 BHK Apartments 1200 Sft -

2766 sftNarender - 9948837100

Mehdipatnam, Near Langar House

18 Vavasi Group Vasavi's Brundavanam Residential Apartments 1200 Sft to

2000 SftVijay Kumar Y - 9866487555 Moti Nagar, Hyderabad

S.No. Company: Project Name: Property Type: Size Range: Contact No: Location:

RESIDENTIAL APARTMENTS R E A L E S TA T E O N O f f E R


35 Modi Builders & Realtors Lotus Home Luxury Apartments 741 sft Jerusha/Rachel

8099102102Bandlaguda, Near Kushaiguda

36 Apurupa Infrastructure

Apurupa' Srinivas Height

2 & 3 BHK Independent Flats

975 sft to 1565 sft 9949949439 Boduppal

37 Vijetha Builders Sai Nivas Residential Apartments 965 sft Vijay Kumar - 9490748309

Hashinapuram, L.B.Nagar

38Alekhya Constructions Limited

Alekhya Towers 1, 2, 3 and 4 BHK Apartments

975 Sft - 4000 Sft

Aditya Mitta - 9248003369 L B Nagar, Hyderabad

39 A.V. Constructions India Av Info Pride Gated Community

Apartments1100 sft to 1790 sft

9885809367 - 9866665544 Medipally

40 Fortune Group Imperial Fortune 2 & 3 BHK Independent Flats

900 sft - 1500 sft

7702333563 / 7702301233 Moulali

41 Mahanagar Homes Pvt Ltd Green Terraces Residential Multi

Storied1050 sft to 1770 sft

A.Bhaskar Babu - 961820066/ 77 Nagole, Bandlaguda

42 Modi Builders & Realtors Emerald Heights Luxury Apartments 947 sft - 1895

sftJerusha/Rachel - 8099102102 Pocharam

43 Ventura Housing Venkatadri Heights


1012 sft to 1614 sft

9573563357 / 9573567357 Narapally

Property Listing

19 Janapriya Engineers Syndicate

Janapriya Metropolis 2 & 3 BHK Apartments 850 sft - 1250

sft 23222999 Motinagar, Near Ameerpet

20 Choice India Infra Projects N 95 4 BHK Apartments 3800 sft V.Srinivas -

9441115599 Nandagiri Hills

21 Shanta Sriram Constructions

Padmanabha Residency

2 & 3 BHK Luxury Apartments


9951355885 / 04065656500

Padmarao Nagar, Secunderabad

22 Shanta Sriram Constructions Harmony Heights 2 & 3 BHK Gated

Community940 sft to 1454 sft

9951355885 / 04065656500

Padmarao Nagar, Secunderabad

23 Sanvi Infra Structures Sanvi - Galaxy Residential Apartments 1050 sft - 2400 sft

Y Devender - 9866410555

Prakash Nagar, Begumpet

24 Sirisampada Constructions

Samvruddi Sirisampada Residential Apartments 1600 sft -

1625 sftN Ramaiah - 9676749359

Raghavendra Colony, Kondapur

25 Sirisha Constructions Lotus Bliss 3 BHK Apartments 2050 sft to 2100 sft

Satish Dayal - 9666859159

Ravindra Society, Jubilee Hills Road No.36

26 Alekhya Design Homes Jasmine 2 & 3 BHK Apartments 1140 sft -

1695 sft9553074447 / 9000729977

Ravindra Society, Kavuri Hills

27 Alekhya Design Homes Marigold 3 BHK Apartments 2934 sft 9553074447 /

9000729977Ravindra Society, Kavuri Hills

28 Alekhya Design Homes Bird Of Paradise 3 BHK Independent

Flats1683 sft - 1685 sft

9553074447 / 9000729977

Ravindra Society, Kavuri Hills

29 Hardhik Constructions Anmol Residential Apartments 1550 sft D Venu ,9704966834 Ravindra

society,Madhapur

30 Sai Shakti Projects Bhaskara Signature Residential Apartments 2532 sft Arvind -

7799958259 S R Nagar

31 Aditya Housing & Infrastructure Empress Towers Residential Apartments 1575 sft -

2385 sftRamakrishna - 9912225072 Shaikpet, Jubilee Hills

32 Alekhya Design Homes Wind Chimes 2 & 3 BHK Apartments 2500 sft 9553074447 /

9000729977 Shilpa Hills, Hitec City

33 Vasavi Group Vasavi's Bhuvana Residential Apartments 2200 Sft to 3500 Sft

Vijay Kumar Y - 9866487555 Sri Nagar Colony

34 Vasavi Group Vasavi's Shantiniketan Residential Apartments 1200 Sft to

3000 SftVijay Kumar Y - 9866487555 White Fields, Kondapur


east zone

R E A L E S TA T E O N O f f E RRESIDENTIAL APARTMENTS

58 Gangothri Developers

Nakshatra, Nakshatra Pride

Residential Gated Community Flats


K Madhuram Reddy - 9000919222

Alkapur Layout, Manikonda

59 Anuhar Homes Colors 2 & 3 BHK Independent Flats

1166 sft - 1604 sft

Nagendra - 9866326099

Alkapuri Township, Manikonda

60 Anuhar Homes A - Square 3 BHK Independent Flats

2120 sft - 2175 sft

Nagendra - 9866326099


61 Anuhar Homes Coral Bells 3 BHK Apartments 2600 sft Nagendra - 9866326099


62 Anuhar Homes Yellow Blooms 3 BHK Apartments 2150 sft Nagendra - 9866326099


63 Thirtha Projects "Rock Cliff" 2 & 3 BHK Apartments 1125 sft - 1515 sft

Subramanyam - 9908155115

APPA Junction / Bandlaguda

64 Jayadarsini Housing Uttam Residency Residential Duplex Apartments 1600 sft Vinod K Uniyal -

9849222922 Attapur

65 Sanvi Infra Projects Sanvi’s Sri Abode 2 & 3 BHK Apartments 866 sft to 1660 sft

T Surya Prakasa - 9885659463 Bachupally

66 Jain Housing & Constructions Jain Salzburg 2&3 BHK Residential

Apts914 Sft - 1273 Sq.ft

Syed imran - 86860 45960

Bandlaguda, Near APPA Junction,

67 Praneeth Developers Praneeth Pranav Meadows

2BHK Independent Apts

1050 sft to 1400 sft Varma - 9849615833 Bowrampet / Bachupally

68 Prem Constructions Prem's Sai Brindavanam


1107 sft - 1674 sft 9848027961 Chandanagar

69 Sai Shakti Projects & SVAS infra

Ashoka Springfields Residential Apartments 1245 sft -

1760 sftAkilesh - 8897088000 Chandanagar, Near BHEL

44 Thirtha Projects . Siddivinayaka 2 BHK Apartments 1170 sft - 1200 sft Ravi - 9908155115 A S Rao nagar / Officers

colony


Satellite Township

Spacious 2 & 3 BHK Super Deluxe Apts


9951355885 / 04065656500

Bowenpally, Near Suchitra Jn

46 Vasavi Group Vasavi's Grande Vista Residential Apartments 1200 Sft to

3200 SftVijay Kumar Y - 9866487555 Dairy Farm Road, Alwal

47 Choice India Infra Projects

Guru's Choice Residency 2 & 3 BHK Apartments 1150 sft to

1414 sftV.Srinivas - 9441115599 East Marredpally

48 Aparna Shelters Aparna Kanopy Tulip 2 & 3 BHK Apartments 930 sft - 1495

sft 9505201115 Gudlapochampally, Kompally

49 Andhra Infra Projects Golden Ridge 1, 2 and 3 BHK Apartments

672 sft - 1664 sft

9440029000 / 8500040022

Gujularamaram, Quthubullapur

50 Modi Builders & Realtors Sterling Heights Luxury Apartments 1415 sft -

1554 sftJerusha/Rachel 8099102102

Gundlapochampally, Near Kompally

51 Saket Engineers . Saket Sriyam Residential Apartments 1241 sft - 1999sft

Hari Babu - 9652352233 Kapra, A.S. Rao

52 Saket Engineers . Saket Pranaam Residential Apartments 516 Sft - 1861 Sft

Hari Babu - 9652352233 Kapra, ECIL

53 Modi Builders & Realtors Palm springs Luxury Apartments 1910 sft Jerusha/Rachel

8099102102 Kompally

54 Janapriya Engineers Syndicate Janapriya Arcadia 2 & 3 BHK Apartments 925 sft - 1460

sft 23222999 Kowkur, Near Alwal

55 Sri Krishna Builders Krishna Dhaam 2 & 3 BHK Apartments 960 sft - 1350 sft

Srichand Hinduja - 9292108365

M J Colony (A.S.Rao Nagar)


Janapriya Lake Front 2 & 3 BHK Apartments 810 sft - 1200

sft 23222999 Sainikpuri

57 Vishal Projects Ltd Srinivasa Krupa Residential Apartments 1835 sft - 2738 sft

Karunakar - 9666669835

Trimulgherry R.T.C.Colony.


Property Listing


west zone

R E A L E S TA T E O N O f f E RRESIDENTIAL APARTMENTSnorth zone


Property Listing


Janapriya Nile Valley 2 & 3 BHK Apartments 940 sft - 1495

sft 23222999 Chandanagar, Near Miyapur

71 Alekhya Homes Foot Prints Residential 1165 Sft to 1510 Sft

Mr.Afroz : 9000729977

Financial District, Gachibowli

72 Alekhya Homes Earth Song Residential 1300 Sft - 1695 Sft

Mr. Afroz : 9000729977

Financial District, Gachibowli

73 Aliens Group Aliens Space Station 1 2 & 3 BHK Apartments 1122 sft -

2208 sft 9966234234 Gachbowli - Tellapur

74 Jain Housing & Constructions

Jains Carlton Creek

2,3&5 BHK Residential Apts

1053 Sft - 2556 Sft

Syed imran - 86860 45959 Gachibowli

75 Patel Realty Smondo 2 & 3 BHK Apartments 990 sft - 1435 sft

Ramesh - 7799881247 Gachibowli

76 Ramky Estates & Farms Ramky Towers Residential Apts 2235 to 5120

SftTirupathi Reddy - 9989055127 Gachibowli

77 S & S Green Projects Green Grace 3 BHK Independent Flats

2160 sft - 2870 sft 9052252222 Gachibowli

78 Vasudeva Realtors Bloomfield Elation Towers 3 & 3 BHK Apartments 1320 sft -

2577 sft 9393696959 Gachibowli

79 Ramky Towers Ramky Towers Elite 3 & 4 BHK Apartments 2310 sft to

5120 sftPrashanth – 9177496767 Gachibowli

80 Abhyudaya Projects & Developers Urban County Residential Apartments 1240 sft -

2050 sftY Devender - 9866410555 Gachibowli

81 Aditya Construction Company

Aditya's Paramount Heights

Residential Apartments 1665 sft to 2010 sft

Ramakrishna - 9912225072 Gachibowli - Tellapur

82 S & S Green Projects Green Meadows 2 & 3 BHK Independent Flats

1045 sft - 1435 sft 9052252222 Gachibowli Extension


Sunshine Residency



9951355885 / 04065656500

Gachibowli, Near NASR School

84 Mantri Developers Mantri Celestia 2 & 3 BHK Apartments 850 sft - 1198 sft

Srinivas Manda - 9177444769

Gachibowli, Near Wipro Junction

85 Ramky Estates & Farms

Ramky One Paradize 3 & 4 BHK Apartments 1002 sft to

1506 sftVenuGopalReddy - 9701001276 Gajularamaram

86 Modi Builders & Realtors Splendour Luxury Apartments 1933 sft Jerusha/Rachel

8099102102Gajularamaram, Kukatpally

87 Muppa Projects India Muppa's Green Grandeur

2 and 3 BHK apartments


Nilovna - 9959397222 Gopannapally Junction

88 Manjeera Projects Manjeera Diamond Towers


777 sft - 1510 sft

66176617 / 23735194 Gopanpally - Gachibowli

89 Sai Sai Ram Projects Sri Sai Ram Towers 2 & 3 BHK Apartments 1200 sft -

2800 sft 9346046071 / 72 Hafeezpet, Near Hitec-City

90 Theme Ambience Constructions Fort View 3 & 3 BHK

Independent Flats960 sft - 1480 sft 9348521652 Himayathsagar Road

91 Cybercity Builders & Developers

Rainbow Vistas @ Rock Garden Integrated Township 1250 sft -

2695 sftSrikanth - 9989424444 Hitec City

92 Vamsiram Builders Crest 3 BHK Apartment 2765 sft - 2825 sft

9849558979, 9642323313

Hitec City behind TCS E Park


R E A L E S TA T E O N O f f E R RESIDENTIAL APARTMENTS


Property Listing


93 Vamsiram Builders Cosmos 4 BHK Apartment with Home Theatre

3705 sft - 4321 sft

9849558979, 9642323313

Hitec City behind Shilparamam

94 NCC Urban Infrastructure

Nagarjuna Residency 3 BHK Apartments 2340 sft Venkat Ramana -

9885178890 Hitec City, Gachibowli

95 NCC Urban Infrastructure

NCC Urban Gardenia

4 & 5 BHK Duplex Apartments


Venkat Ramana - 9885178890 Hitec City, Gachibowli


Supreme Residency

3 BHK Luxury Apartments


9951355885 / 04065656500 Hitech City, Near E-Park

97 Alekhya Homes Wind Chimes Residential 2200 Sft - 2700 Sft

Mr.Afroz : 9000729977 Hitex

98 Fortune Group Kumkum Heights 2 & 3 BHK Apartments 1155 sft - 1940 sft

7702333563 / 7702301233 Kondapur

99 Pranit Projects Galaxy Apartments

2 & # BHK Premium Residential Apts


Satish Paruchuri - 9550677444 Kondapur

100 Alekhya Homes Bliss Residential 1645 Sft Mr.Afroz : 9000729977 Kondapur

101 Srinilaya Projects Adi Emerald 3 BHK Apartments 1828 sft - 2214 sft

Prasad Vasireddy - 9963265559

Kondapur (Lahari Homes)

102 Srinilaya Projects Lahari's Adi Emerald

3 BHK Independent Flats

1828 sft - 2035 sft

9963265559 / 9963465559

Kondapur, Near Chirec Public School

103 Matrix Infra & Developers Matrix Tulip 2 & 3 BHK Apartments 1200 sft to

1900 sftReshma Banu - 9246227833

Kondapur, Opp. RTO Office

104 Serene Estates Sushaanta 2 & 3 BHK Apartments 2000 sft Vamsi -9581412794 KPHB

105 Emami Constructions Emami Swan Lake

2 & 3 BHK Hirise Gated Community

1133 sft - 2011 sft

Sreevikas , 8886922233 Kukatpally

106 Sumashaila Developers

Vaddepally Enclave

1, 2 and 3 BHK Apartments

490 sft - 1645 sft

8978999449 / 9963222278 Kukatpally

107 Bhavya Constructions

Bhavya's Tulasivanam 2 & 3 BHK Apartments 1135 sft -

1600 sft Valli - 9849912584 Kukatpally Village, Balnagar

108 Vertex Homes Vertex Prime GHMC Approved 2 & 3 BHK Apartments

1140 sft - 1470 sft Ravi - 9396844261 Kukatpally, Nizampet

Road

109 Vertex Homes Vertex Sadguru Krupa

HUDA Approved 3 BHK Apartment 1800 sft Ravi - 9396844261 Kukatpally, Nizampet

Road

110 Cecon Builders Cecon Manor 2 & 3 BHK Independent Flats

1000 sft - 1550 sft 30681972 Lingampally

111 Gowra Hallmark Townships Green Living Residential Apartments 1200 sft to

2200 sft9849056529, 8096699979 Manikonda

112 Lanco Hills Technology Park Lanco Hills Luxury Apartments 1900 Sft -

4477 sq ftAmit : 080084 94973

Manikonda, Near Gachibowli

113 Lanco Hills Technology Park Domina Condominiums 1195 Sft -

1580 sq ftAmit : 080084 94973

Manikonda, Near Gachibowli

west zone



Property Listing


114 Aparna Constructions

Aparna HillPark Lake Breeze 2 & 3 BHK Apartments 1295 sft -

2335 sft 9010251099 Miyapur, Chandanagar


Aparna Hillpark Avenues


1150 sft - 1670 sft 040-23352708 Miyapur, Chandanagar

116 Ramky Group Ramky One Kosmos 2 & 3 BHK Apartments 1030 sft -

1635 sftSrinivas Reddy - 8008102575 Nallagandla

117 Aparna Constructions Aparna CyberZon 2 & 3 BHK Apartments 1245 sft -

1855 sft 9010716060 Nallagandla, Gachibowli

118 Aparna Infrahousing Aparna Sarovar Grandè 3 & 4 BHK Apartments 1920 sft -

3745 sft 9010484597 Nallagandla, Gachibowli

119 Theme Ambience Constructions Golf View 2 & 3 BHK

Independent Flats1130 sft - 2050 sft 9348521652, Nanakramguda

120 Phoenix Living Spaces Golf Edge 2 & 3 BHK Apartments 1034 sft -

2018 sft9160098888 / 9160001559

Nanakramguda, Gachibowli

121 NCC Urban Infrastructure NCC Urban One 3 & 4 BHK Apartments 1535 sft to

3380 sftVenkat Ramana - 9885178890 Narsingi

122 Ramky Estates & Farms Ramky One Wave 2 & 3 BHK Apartments 1261 sft to

1800 sftGhouse - 8978989820 Narsingi

123 Abhaya Infrastructures Pushpak 2 & 3 BHK High Rise

Luxury Flats1205 sft to 1705 sft

A V Murthy - 9246186547 / 49 Nizampet, Kukatpally

124 Muppa Homes Muppa's Aishwarya 2 & 3 BHK Apartments 1000 sft to

1600 sftBhargav - 9908166333 ORR - Narsingi

125 Sai Sai Ram Projects Sri Sai Ram Green Meadows


1236 sft - 1918 sft 9346046071 / 72 Pragathi Nagar, KPHB

126 Aditya Construction Company

Aditya Silicon Heights Residential Apartments 1325 sft -

1700 sftRamakrishna - 9912225072 Tellapur - Gachibowli

127 VPL Projects Green City Heights



Suresh Bavineni - 9848190700

Apparel Export Park, Vadlpudi post, Vizag

128 VPL Projects Green City Towers

3 BHK Duplex Apartments 1361 sft Suresh Bavineni -

9848190700Apparel Export Park, Vadlpudi post, Vizag

129 VPL Projects Green City Homes 2 BHK Apartments 1100 sft -

1200 sftSuresh Bavineni - 9848190700


130 Ramky Estates & Farms

Ramky One North Residential Apts 1035 sft -

1375 SftSridhar - 8105899779 Bangalore

131 Welfare Buildings & Estates Welfare Heights 2 & 3 BHK

Independent Flats1200 sft - 2020 sft

S V Acharya - 9912133336 Doctor's Colony, Waltair

132 Sardar Projects Pvt Ltd Sardar Nest 2 & 3 BHK

Apartments 1000 sft - 1450 sft

J V Giri - 9676664422

Kanithi, Gajuwaka Other than Hyderabad

133 Sri Gruhajyothi Homes & Resorts

Sri Gruhajyothi Enclave Residential Apartments 200 sqyds M. Srinivasa Rao

- 0891-2561789Karakavalasa Village, Vizianagaram Dt

134 Chilukuri Housing Projects Pvt Ltd

Chilukuri Blossoms Paradise

2 & 3 BHK Apartments 1215 sft - 1830 sft

Chilukuri Srinivas - 9394218373

Mithilapuri VUDA Colony, Madhurawada Other than Hyderabad

135 Royalmindz Infra Royal City Residential Apartments 1200 sft - 1500 sft 8978481114 Rajahmundry, Opp Rly

Station (East)

136 Saket Engineers . Saket Callipolis Residential & Commercial Apts

1302 Sft - 2005 Sft

Prabeer - 9848877111

Sarjapur Road, Bangalore

137 Venkusa Estates Housing Projects Venkusa Hillview 2 & 3 BHK Apartments 2800 Sq Yards 9848043236,

9849055343Timmanayadupalem, Tirupati

138 Vasundhara Projects Lorven's Fortune Castle Residential Apartments 1000 sft Vamsi - 9959934488 Vizag

non hyderabad



Property Listing

RESIDENTIAL : VILLAS

2 Bommarillu Farma & Villas India

Bommarillu Golden City Independent Villas 200 Sq Yds -

717 Sq YdsRia - 9666201016 / 32556399 Bhongiri

3 Modi Builders & Realtors

Sunshine Park Annexe Luxury Villas 174 Sq Yds -

333 Sq YdsJerusha/Rachel 8099102102

Ghatkesar, Near New Infosys Campus

1 Rajapushpa Properties Pvt Ltd

Rajapushpa Cannon Dale Luxury Triplex Villas 320 Sq Yds -

498 Sq. YdsSatish Varma - 9666988688 Kokapet, Gachibowli

4 Sri Rama Developers Sri Ram’s Ayodhya Independent House 133 Sq Yds –

240 Sq YdsD. Ram Mohan - 9985648555 Bahadurpally

5 Aditya Housing & Infrastructure

Aditya Ville Grande Residential Villas 4970 sft - 350

Sq YdsRamakrishna - 9912225072

Bowenpally, Near Suchitra Junction

6 Praneeth Developers Praneeth Pranav Meadows Independent Villas 150 Sq Yds -

200 Sq Yds Varma - 9959615833 Bowrampet

7 Modi Builders & Realtors Pvt Ltd Greenwoods Luxury Villas 141 Sq Yds -

292 Sq YdsJerusha/Rachel 8099102102 Dundigal, near Miyapur

8 Suchir India Developers Pvt Ltd

Suchir's Koral Reet

2 & 3 BHK Independent Villas

110 Sq Yds - 240 Sq Yds 66685000 / 6000 Genome Valley,

Shameerpet


Aparna Kanopy Lotus

91 - East & West facing Villas

160 sq yds - 330 sq yds 9505201115 Gudlapochampally,

Kompally

10 Modi Builders & Realtors Sterling Homes Luxury Triplex Villas 202 Sq Yds -


Gundlapochampally, kompally

11 Saket Engineers Pvt Ltd Saket Bhusattva Premium Villas 200 Sq Yds -

400 Sq YdsMr. Uttam Thakur - 9849857633 Kompally, Gowdevally

12 Jayadarsini Housing Pvt Ltd

Jayadarsini Township Duplex Villas 300 Sq Yds-

2000 Sq YdsVinod K Uniyal - 9849222922 Medchal

13 Modi Builders & Realtors Pvt Ltd Harmony Homes Luxury Villas 167 Sq Yds -


Shamirpet, Ratnalayam Temple


east zone

north zone

14 Sunway Opus Grand Neville 1, 2 & 3 BHK Premium Flexi Villas

1101 sft - 1579 sft 040-23038888 Ameenpur Village

15 S V Builders S V Avenues Independent House150 Sq Yds with 1200 sft House.

Rangaraju - 8374499444 Ameenpur, Chandanagar

16 Namaha Estates Namaha Lakewood Independent Villas 375 Sq Yds -

4300 sftMINOO – 98483 02929 APPA Junction

17 Keerthi Estates P L Keerthi Richmond Villas 4BHK Triplex Villas 3400 Sft - 4037

SftMeena Reddy - 9966603939

APPA Junction, Near Glendale Academy

west zone

R E A L E S TA T E O N O f f E R

central zone


Property Listing

RESIDENTIAL : VILLAS

41 Ramky Viha Properties Pvt Ltd Ramky Tranquillas Independent Villas 320 Sq Yds -

391 Sq YdsPrashanth – 9177496767 Kismathpur

42 Vishal Projects Vishal Sanjivini Villas 2000 sft - 4000 sft

K Karunakar - 9666669835

Maheshwaram, Behind Fabcity

43 Aparna Constructions Aparna Elixir 72 - 3BHK Signature Villas 4693 sft 9948663170 Puppalaguda

south zone


18 SRK Green Avenues Pvt Ltd SRK Green Park 3 & 4 BHK Independent

Villas167 Sq Yds - 350 Sq Yds 8008577707 / 08 Bachupally 'X' Roads

19 Praneeth Developers Praneeth's Pranav County Independent Villas 120 Sq Yds -

300 Sq YdsMurari Bhagat - 9959615853 Beeramguda Near BHEL

20 Safeway Infra Symphony Park Homes Independent Villas 150 Sq Yds -

400 Sq yds9849844488 / 7799766662 BHEL

21 Vasudeva Realtors Bloomfield Elation Villas

5 BHK Independent Villas

241 Sq Yds - 350 Sq Yds 9393696959 Gachibowli

22 Vasudeva Realtors Pvt Ltd

Bloomfield Ecstasy


240 Sq Yds - 350 Sq Yds 9393696959 Gachibowli - Gopanpally

23 Pooja Ventures first leaf 4 BHK Independent Villas

4541 sft - 4685 sft

Sudhamsh Reddy - 9703752225 Gachibowli - Gopanpally

24 Pooja Ventures Wonderful World 3 & 4 BHK Independent Villas

259 Sq Yds - 302 Sq Yds

9010770000 / 66770000

Kismatpur, Near APPA Junction

25 Poulomi Estates Poulomi Aristos Premium Independent Villas

380 Sq Yds and above

Chandra Shekar - 9000813399 Kokapet

26 Sumashaila Developers

Vaddepally Enclave

Independent Triplex Villas 200 Sq Yds 8978999449 /

9963222278 Kukatpally

27 Ramky Estates & Farms Ramky Pearl Independent Villas 206 Sq Yds -

380 Sq YdsVenugopal - 9701001276 Kukatpally

28 Vertex Homes Vertex Lake View HUDA Approved 4 BHK Triplex Villas 240 sq yds Ravi - 9396844261 Kukatpally, Nizampet

Road

29 Gowra Hallmark Townships Pvt Ltd Palm Breeze Independent Villas

404 Sq Yds; 4600 sft (Built up area)

9849056529, 8096699979 Manikonda

30 Lanco Hills Technology Park Hanging Gardens Villas 5800 sq ft -

5850 sq ft Amit : 080084 94973 Manikonda, Near Gachibowli

31 Namaha Estates Namaha Rhythm Independent Villas 167 Sq yds - 267 Sq Yds

MINOO – 98483 02930 Miyapur

32 Aditya Constructions Jivika at Rajeshwara

Villas in Gated Community

300 Sq. Yards; 3300 sft (Built Up Area)

Avinath P - 9849794002 Miyapur, Bachupally Road

33 Aparna Constructions Aparna HillPark Gardenia

116 - 3 BHK Luxury Villas

3409 sft - 3475 sft 9912111592 Miyapur, Chandanagar

34 NSL Divyasree Infra Pvt Ltd Orion Villas 4 BHK Independent

Villas4000 sft - 5200 sft

Rakesh Talwar - 9581412763 Raidurg

35 Vision Avenues Pvt Ltd

Vision Infiniti Homes

3 & 4 BHK Independent Villas


9989999853 / 9989999856 Tellapur

36 Tudor Infrastructure Tudor Ken 4 BHK Luxury Villas 289 Sq Yds - 311 Sq yds 7702777549 Tellapur

37 Rajapushpa Properties Pvt Ltd

Rajapushpa Life Style City Luxury Triplex Villas 330 Sq Yds -

660 Sq YdsSatish Varma - 9666988688 Tellapur

38 Pranit Projects Pvt Ltd Mayfair Villas High-End Premium Luxury Villas


Satish Paruchuri -9550677444 Tellapur - Gachibowli

39 Vision Avenue Pvt Ltd Infiniti Homes Independent Villas 3800 sft - 4500 sft 66785856 / 57 Tellapur Village

40 Vision Avenue Pvt Ltd Vision's Urjith Independent Villas 268 Sq Yds - 400 Sq Yds 9989999853 / 56 Tellapur Village

R E A L E S TA T E O N O f f E R


Property Listing


50 VPL Projects Green City Villas Independent Duplex Villas

2548 sft - 3720 sft

Suresh Bavineni - 9848190700


51 Vasundhara Projects Jublee Hills Independent Villas 150 Sq. Yds - 400 Sq. Yds Teja - 9949924488 Nalgonda

52 Vasundhara Projects Lorven's Fortune Homes Individual Homes 200 Sqyds/

1000sft Vamsi 9959934488 Vizag

53 Ramky Enclave Ramky Enclave Independent Villas 167 Sq Yds - 958 Sq Yds

Kiran Kumar.K - 8897445679 Warangal

non hyderabad


44 Green Home Beverly Slopes 3 BHK Independent Villas

1425 sft - 1531 sft

9849044396 / 9000001169 Shamshabad

45 Green Home My City Villas 200 Sq Yds - 300 Sq Yds

9849044396 / 9000001169 Shamshabad

46 Suchir india Suchir's Timberleaf


3526 sft - 3610 sft

66135000 / 6000 / 7000 Shamshabad

47 Green Home Icon's Isle 3 & 4 BHK Independent Villas

2835 sft - 3634 sft

9849044396 / 9000001169

Shamshabad Airport Road

48 Theme Ambience Constructions Lake View 3 BHK Independent

Villa2652 sft - 2665 sft 9348521652, Tolichowki

49 Headway Properties Info Tech City Independent Villas 267 Sq Yds - 600 Sq Yds

G. Phani Raj - 9052228302 Tummalluru

RESIDENTIAL : PLOTS


1 AVC Group AVC Township Residential Plots 200 Sq Yds - 500 Sq Yds 9391078186 Nagarjuna Sagar

Highway Road

east zone

2 Aparna Shelters Aparna Kanopy Jasmine 133 - Residential Plots 267 sq yds -

467 sq yds 9948663170 Gudlapochampally, Kompally

3 Primus Developers Primus Epsilon Plots 267 Sq Yds - 433 Sq Yds 9989420202 Gundlapochampally,

Kompally

4 Venkusa Estates Housing Projects Venkusa Estates Open Plots 200 Sq Yds -

267 Sq Yds9848043236 / 9849055343 Kowkur , Bollarum

5 Headway Properties Metro Homes Plots 26 acres 23555441 Medchal

6 Jayadarsini Housing Pvt Ltd

Jayadarsini Township Plots 300 Sq Yds-

2000 Sq YdsVinod K Uniyal - 9849222922 Medchal

north zone

west zone

RESIDENTIAL : VILLAS R E A L E S TA T E O N O f f E R

7 Pragati Green Meadows & Resorts

Pragati Green Islands_Phase 2

Freehold Property, Open Plots


ASRK Reddy - 9951678678

Proddutur (V), Shankarpally (M)

8 Pragati Green Meadows & Resorts

Pragati Green Islands_Phase 1 Plots 267 Sq Yds -

1000 Sq YdsShibboo - 8499985661

Proddutur (V), Shankarpally (M)

9 MVR Harivillu Peacock Paradise Farm Land with Club House


Satyanarayana - 8008500527 Shankarapally

10 Lahari Infrastructure Ltd Lahari Green Park HMDA approved

independent, Plots250 sq yds - 400 sq yds

Srinivas - 7799777755 Shankarpally

11 Pudota Estates India Aishwarya Residency Plots 200 Sq Yds Jaya Prasad Raja -

9949036460 Shankerpally

12 Lahari Green Park Lahari Green Park HMDA Regularized, Independent plots

600 sq yds onwards Srinivas Bhanoor


Property Listing

13 Vasundhara Projects Pvt Ltd Lorvens Gold Leaf Plots 76 acres Vamsi - 9959934488 Dasarapalli

14 Subha Gruha Projects Sukrithi Royal HMDA Approved Residential Layout 267 Sq Yrds SSRK Prasad

9000381234 Kandukur

15 Vasundhara Projects Pvt Ltd Lorven's Paradise Plots 200 Sq. Yds -

400 Sq. Yds Teja - 9949924488 Kandukur

16 West Mount Projects Red Clay Court II HMDA Approved Residential Layout 267 Sq Yrds Dr. T S Rao -

9848017162 Maheswaram Mandal

17 Green Home Green Acres Plots 1000 Sq Yards 9849044396, 9000001169 Moinabad

18 Aliens Group Aliens HUB Residential Plots 300 Sq Yds- 2000 Sq Yds 9966234234 Shamshabad

19 Vasundhara Projects Lorven's City Plots 200 Sq. Yds - 400 Sq. Yds Teja - 9949924488 Shamshabad

20 Green Home Rainbow Drive PlotsL.P. No. 01/Layout/HADA/06

P.V.Ratnam - 8977812565


21 Green Home Bloomington Plots 500 Sq Yds - 1000 Sq Yds

9849044396, 9000001169


22 Green Home Eldorado Plots 9849044396, 9000001169 Srisailam Highway Road

23 Subhagruha Projects Sukruthi Royal Residential Plots 200 Sq Yds - 534 Sq Yds

Ramana - 9177966407 Srisailam Highway Road

south zone

24 Kranthi Properties Kranthi Paradise Plots 167 Sq Yds - 311 Sq Yds

V Srinivas - 9848031672

Acthuthapuram VUDA Layout

25 BTS Estates Green Meadows VUDA Approved Residential Plots


S R Niranjan - 9849999036 Bhimili, Vizag


Chilukuri Waterfront Project

Residential Plots 167 Sq Yds - 300 Sq Yds

Chilukuri Srinivas - 9394218373 Ganbhiram


Chilukuri Brundavan Estates Residential Plots 167 Sq Yds -

1000 Sq YdsChilukuri Srinivas - 9394218373 Ganbhiram

28 Godaavari Townships Sai Suvarna Plots 45 Acres G Chakradhar - 9866319567

Katakapalli near Kothavalasa

29 Aparna Constructions Aparna Western Meadows 400+ - Residential Plots 300 Sq. Yds -

500 Sq. Yds 9948223129 Kondakal, Mokila

30 GNV Infrastructures Manas Vihar Residential Plots 167.6 Sq Yds - 266.6 Sq Yds

G.N.V.Ajay Bhaskar - 9866383699

Near Kothavalasa, VUDA Approved

31 Raja Infra Projects Pvt Ltd Sri Sai Meadows Residential Plots 90 Sq Yds - 300

Sq YdsMahesh - 8096791511 NH5 Achivaram Jn

33 Raja Infra Projects Pvt Ltd

Sai Gandarva Nagar Residential Plots 90 Sq Yds - 400

Sq YdsMahesh - 8096791511

Savaravilli NH5 gum city junction

non hyderabad

RESIDENTIAL : PLOTSR E A L E S TA T E O N O f f E R


Property Listing

REAL ESTATE ON OffER

COMMERCIAL

1 Vasavi Group Imperial Towers Commercial Customised Vijay Kumar Y - 9866487555 Ameerpet2 Fortune Group Fortune Monarch Commercial 200000 sft 7702333563 Jubilee Hills, Rd - 36

3 PBSAMP Projects Krishe Sapphire Premium Office Building

8000 sft - 24000 sft 9985228889 Madhapur Main Rd

4 Choice India Infra Projects Choice Center Commercial 40000 sft V.Srinivas - 9441115599 S D Road



central zone

5 Serene Estates Arena IT Sez Office Space for lease

15000 sft - 63000 sft Satyajit - 9581412793 Uppal

east zone

west zone6 Gowra Ventures The Platina Commercial 1 million sft 42005189 / 90 Gachibowli

7 Ramky Estates & Farms Ramky Towers Grandiose Commercial 2 Lakhs sft Venugopal Reddy -

8008012889 Gachibowli

8 Shanta Sriram Constructions SS Techpark Commercial 1320 sft - 4800 sft 9951355885 / 04065656500 Gachibowli, Near

DLF Cybercity

9 S R Peddi Estates India Hyndava Techno Park

Commercial (Tech Park)

12000 sft - 60000 sft 9640028888, 9848018639 Hitech City, Phase II

10 Serene Estates Centrum Office space for lease

10000 sft - 66000 sft Lalit - 9581412782 KPHB

11 Ramky Estates & Farms Ramky Selenium Commercial 4.5 Lakh Sft Venugopal Reddy - 8008012889

Nanakramguda, Financial district

34 Swathi Promoters P Ltd Ananda Krishna Nagar Sector-7 Residential Plots 167 Sq Yds -

1000 Sq Yds Naidu - 9642555526 Savaravilli, Gum City

35 Subha Gruha Projects Maple Meadows VUDA Approved Residential Layout 267 Sq Yrds SSRK Prasad Ph

No.9000381234 Srikakulam Highway

36 Vasundhara Projects Lorven's Fortune Plots 200 Sq. Yds - 400 Sq. Yds Vamsi - 9959934488 Visakhapatnam

37 Vasundhara Projects Lorven's Hi-land Plots 200 Sqyds Vamsi - 9959934488 Visakhapatnam

38 Vasundhara Projects Vensai Township Plots 200 Sq. Yds - 400 Sq. Yds Vamsi - 9959934488 Visakhapatnam

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Horizons Aug - Sep 2014 issue

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