ANDHRA PRADESH REAL ESTATE DEVELOPERS ASSOCIATION
A P ’s Volume 2
Issue 2
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Creating a Buzz
HORIZONS
AP’s
most credible real estate magazine December
Entrance of A P R E D A’ s 1 2 0 11 - J a n u a r y 2 0 1 2 Property show
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contents
APREDA TURNS AROUND PROPERTY MARKET - page-4
APREDA Vizag extends help to sick girl - page-12
Young buyers return to realty- page-10
Draft regulatory bill discussed page-16
Property Show is a runaway hit page-14
For that glowing skin in winter -page-18
Penalty on
pre-payment of home loans scrapped -page-22
Published by
A caring attitude matters -page-19
The perfect gifts for all occasions
AP Real Estate Developers Association
# 102, Tirumala Shah Apartments, Yellareddyguda, Ameerpet ‘X’ Road, Hyderabad - 500 073 Tel : 65572184 , 99898 44467 For feedback/suggestions email to
-page-20
apredahorizons@gmail.com (For private circulation only).
Chalapathi Rao Rayudu, Editorial Advisor Designed by
How to beat winter sloth -page-23
Gayatri Creations HORIZONS
AP’s
Avenue plantation -page-24
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Cover Story
APREDA TURNS AROUN
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othing more came as an opportune boost to the Andhra Pradesh Real Estate Developers Association (APREDA) than the exhortation by the Chief Minister of the State, Mr K.Kiran Kumar Reddy, to people, especially the middle class, to buy property now, as real estate had become affordable. Inaugurating APREDA’s property show and the global summit on “Vibrant Cities for a Vibrant Economy” at Hitex, Madhapur, on October 15, Mr Kiran Kumar Reddy said that 4
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APREDA’s two-day property show on October 15 and 16 stirred up the property market and came to be billed as the biggest event of the year the government had initiated several infrastructure projects in the State and the city to ensure that it had the best facilities in the country. Mr Reddy said he was keen that the real sector should do well because it was a very important component of
the economy of the State as it was the second largest contributor to the GDP and provided employment to the largest number of people only after agriculture. Additionally, the government earned a lot of revenue from this sector. The Chief Minister said that
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Cover Story
UND PROPERTY MARKET
A bird’s eye view of the property show
the government would do all that was possible to grow the sector. He said the property registrations across the State, barring Hyderabad, were doing well.
Mega show
Meanwhile, APREDA’s two-day property show was a “mega sell-out” as it drew a huge response with about 40,000 persons visiting the show, compared to about 25,000 in 2010. The show created a buzz all around, prompting APREDA president Mr P Prem Kumar to remark that the event turned out to be the “largest home HORIZONS
AP’s
buying experience” reflecting in the participation of some 190 stalls in the show. Visitors got a one-on-one experience of meeting the realtors, financiers, associates and designers under a single roof.
Deals closed
On the second day of the show, Mr Prem Kumar said: “The response is overwhelming and has exceeded our expectations. Many enquiries got converted into site visits and a lot of stalls are closing deals today.” Typifying the terrific response that the event had created, Mr Balaji Tandel of Prajapathi
Developers, which is developing a project at Miyapur, said that their stall drew some 385 inquiries, 60 site visits and they could sell five units, which was a very positive sign. Mr Bimal Kedia, Managing Director of Theme Ambience, described the response as great and said that more than 2,000 persons had visited their stall to check out their project.
Ecstatic
Mr Veerendher Reddy of Kurra Homes Pvt. Ltd. was ecstatic over the response to APREDA’s property show saying: “By the grace of god and
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Cover Story
The Chief Minister, K. Kiran Kumar Reddy, inaugurating the property show of APREDA
the location of our projects and also competitive pricing we were able to successfully close the sale of 16 flats and seven row houses.”
Joyous feeling
Similarly, Mr K Anil Kumar Reddy, Marketing Manager, Cybercity, was overwhelmed with joy at the response to APREDA’s property show, saying it was “just fabulous.” Giving the details, he said: “We had 30 site visits, which converted into five sales and we are expecting the sale of five more units by the end of this month.” V. Ramesh Kumar of Mantri Developers Pvt. Ltd. said they could attract six site visits from the property show.
Encouraging response Pinnacle Generators
“The response was very good and of the 6
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60 enquiries nearly half were positive and we hope to close a few more deals in the coming days. All together it was an encouraging response and we hope to take part in all future shows of APREDA,” says T. Sathi Reddy, Pinnacle Generators.
Toyama
For Toyama India, which has participated in similar other shows, the two-day event by APREDA made a huge difference. Says D. Shravan, branch manager of the Hyderabad operations: “In my 16 years of association with the industry, I have never seen such a good response in terms of crowd turnout. We have been able to close deals for providing modular electrical switches to 16 apartments and were able to create a brand image in Hyderabad. We hope to associate ourselves with APREDA in its future shows also,” added Mr. Shravan. Toyama Electric Ltd. is one of the leading manufacturers and marketers of modular
electrical switches, building circuit protection and wiring accessories in India.
Hunsur Plywood
Hunsur Plywood, which has been a regular participant in the property show, drew enquiries from builders which were encouraging and the company hopes to close many of the 30-odd. Says Yousuf Wagh of the firm: “Last year we had done a business of Rs. 2 crore and we hope to improve this in the current year,” he adds.
Cera
G.V. Chowdhary, Manager, Sales, of Cera, says “the property show helped them showcase various products on one platform. It has helped in terms of exposure to builders and the event was professionally managed. We hope to take part in more such events organised by APREDA,” he says.
Sponsors too happy
Of the sponsors, LIC Housing Finance,
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Cover Story the “Platimun sponsor” of APREDA’s property show, was overwhelmed with the response to the prestigious event. The south eastern region of LIC Housing Finance headquartered in Hyderabad, which is growing rapidly on all fronts such as business to the tune of Rs 3,000 crore of disbursements and a portfolio of Rs 8,200 crore, said that they were on the whole very satisfied with the steady turnout of people at the event. Amarjit Singh, regional sales head of ICICI, the sponsors of the conference, said the show put by APREDA “was good and the conference, drawing the opinions of several experts at the deliberations, added value to the event.” Likewise, Sujana Steels too expressed satisfaction over the arrangements and the vibrant show.
Lively conference
Meanwhile, the conference on “Vibrant Cities for a Vibrant Economy”, which was sponsored by ICICI, em-
bodied themes such as Envisioning the future of Indian Cities, Co-creating the future of Indian Cities, Infrastructure imperatives to make Indian cities liveable and last but not the least Technology innovations in the World of Urban landscape. The conference witnessed valuable contributions from industry experts such as DVR Mohan Reddy, Chairman InfoTech, Y Harishchandra Prasad, former president of the CII, Eric Yu, president for Enterprise Business of the Chinese telecom company, Huawei, Dr. Singhal, Ministry of New & Renewable Energy, Government of India, N.T. Arun Kumar, Managing Director of UBS, Susheel Mantri, CMD of Mantri Developers Pvt. Ltd., and Rachel Brass, First Secretary of the British High Commission, Delhi. Sharing her passion for “Vibrant Cities for a Vibrant economy”, Ms Karuna
Gopal, President, Foundation for Futuristic Cities, said, “We are at an inflection point in urban infrastructure where the investments will be up many fold in this decade. Collective action of the government, business enterprises and civil society is of great importance for creating economically vibrant, ecologically balanced and equitably responsible cities that thrive in tough conditions. To create worldclass cities, we need to galvanize collective intellect, wisdom and knowledge and take the optimal course of action. This is a best practice adopted by other great cities in the world. It is imperative that we should welcome co- creation of cities sooner rather than later.” Andhra Pradesh’s top-notch real estate developers, financiers, associates, bureaucrats, delegates, sponsors,
Sculpt Your City being released on the occasion
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Cover Story
The Chief Minister releasing the October - November issue of Horizons magazine with help from chief coordinator of APREDA K.Vijaya Sai and R. Chalapathi Rao, APREDA vice-president.
GHMC & HMDA Officials, etc were part of the prestigious show. Some prominent persons at the show were:
Mr Sam Bob, Principal Secretary, MA&UD, Government, of AP Mr Sanjay Jaju, IAS, Secretary IT Mr Jayesh Ranjan, IAS, Secretary of Tourism Department of the Government of Andhra Pradesh Mr V. Suri Appa Rao, Principal Secretary, Municipal Administration and Urban Development, Government of Andhra Pradesh Mr K S Jawahar Reddy, Special Secretary to the Chief Minister 8
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Mr M T Krishna Babu, GHMC Commissioner Mr Dhananjaya Reddy, Additional Commissioner, GHMC Mr Rajeshwar Tiwari, Metropolitan Commissioner, HMDA
Sculpt Your City released
The book titled Sculpt your City, sponsored by APREDA as part of its corporate social responsiblity activities, which was painstakingly brought out by Ms Karuna Gopal, as a token of her affection for Hyderabad, was released by the Chief Minister at
the show. The book encompasses 21 creative, first-rate strategies, including green housing, traffic control and waste management, compiled with inputs provided by 100 leading companies. ICICI Bank and Huawei were the main event sponsors of the property show and the conference along with the Confederation of Indian Industry (CII), National Real Estate Development Council (NAREDCO), the IT and ITeS Industry Association of AP (ITS AP), TIE, Amec and LIC Housing.
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Cover Story
A visitor at the exquisite art show, which was put up as part of APREDA’s property show and conference. (Right) An abstract painting, which was part of the art show.
Sculpt Your City leaves a mark Sculpt Your City, the 340-page tome brought out by the Foundation for Futuristic Cities, coinciding with the inauguration of APREDA’s property show and the conference on “Vibrant Cities for a Vibrant Economy,” discusses 21 key strategies to make Hyderabad a truly world-class city. This exercise, driven by Ms Karuna Gopal, President of Foundation for Futuristic Cities, is a result of the sustained efforts by the foundation to invite the citizens of this great city to come forward and contribute to the architecting of Hyderabad’s future, since 2009. This knowledge product unveils the readiness of the people to partner the government in creating vibrant, livable cities. “Citizens for City”, a contest was launched in 2009 inviting ideas for transforming Hyderabad. The contest drew more than 100 participants from which the winners were chosen, they were awarded and their solutions turned into the contents of Sculpt Your City.
The 21-strategy mantra was:
Traffic and transportation 1) Smart parking 2) Traffic’s a fuss? Follow the bus! Urban angiography 3) Say Yes to bus
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4) Flexible car pooling 5) Car pooling case study 6) Walkable Hyderabad 7) Traffic Hyderabadi Water and lakes 1 Sustainable water bodies 2 Life support to Hyderabad lakes Karuna Gopal 3 Water secure Hyderabad 4 Grey water recycling Macro development and city branding 1 Making Hyderabad the street food capital of India 2 How to make Hyderabad a heaven or expats 3 I effect – empowering Hyderabad 4 Civic scene for a sensible and sensitive city 5 Civic scene – More strategies Environment and greening 1 Greening Hyderabad 2 Garbage out, gains in 3 Energy conservation – crusade in Hyderabad 4 Environmental evangelism 5 Carbon neutral Hyderabad
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Trends
Young buyers return to realty
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ffected for the last couple of years by a series of events from the global economic slowdown to local political developments, Hyderabad and its vicinity may have been a bit delayed in returning to the centrestage. Things, however, are looking up and Hyderabad again is on the radar of property buyers and the young and happening people. As being widely acknowledged by the stakeholders concerned, from bankers, industry, State administration to media, the positive vibes of real estate have already started touching the endusers and influencing them to accept the fact that favourable times and glad tidings have arrived to
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buy property. The trend has already picked up and the results could be felt from increased enquiries for projects, the rise in visits to sites and closure of deals by different developers. nteresting development Interestingly, young software employees who in the last decade formed a major chunk of property acquirers and fuelled the realty sector to great heights have again started evincing interest in parking their earnings in property. Since the apartment costs have to a large extent got rationalised and subsequently stabilised, the issue of buying a flat has come to gain a buzz among the youth and
I
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Trends software circles. The uncertainties faced by software employees two years ago are now dissipating, given the favourable outlook for their sector and the reassurances, from which they have again begun scouting for properties of their choice. “For most of us, that phase of uncertainty is over on the job front which has emboldened us to seriously work at acquiring a place of our own,” says Jayesh Malhotra, a professional from NOIDA presently employed with a sofware giant in Gachibowli. He is scouting for a three-bedroom flat close to his workplace and reveals that two more of his colleagues too were on the
same task for themselves. The strong desire for an immovable asset that rewards them in future with appreciation could be felt more among the software professionals who missed out in buying a property before their industry faced tough times during the economic slowdown. “Few of my friends and colleagues bought flats at Madhapur and Kondapur in the year 2009 and things went wrong when I was planning to follow their decision. Now that I feel secure about my job, I am keenly pursuing with banks for home loan and have already decided on a flat,” says 26-year-old Sandhya Rani from Vijayawada. With interest in real estate renewing in
software campuses and young professionals hailing from Hyderabad as well as those who had come to the city from other parts of the country for their jobs, are seen making up their mind on the matter of having a place to call theirs. Peer pressure on this too seeems to be building up among them. “The moment one of our colleagues announces his decision to buy a flat, all others are getting into the talk of they too doing the same. Except those with practical constraints of their own, the thought process of most is moving in that direction,” explains Hasan Amjad, himself going around different projects to narrow down on a two-bedroom flat of his choice.
team which made the apreda show a grand success Publicity and media management The positive spin for A P R E D A’ s property show and the conference was, thanks to the untiring efforts of the media committee Bhawarlal Jain comprising Mr Bhawarlal Jain, Mr Vijaya Sai and Mr Gopalakrishna. “We did a well-coordinated campaign with print, electronic and outdoor media. We took 100 hoardings’ space, promoted the event through TV scrolls, radio jingles, bulk SMS, email blast and data from 99 acres.com, LIC Housing Finance and ICICI data bank. We put attractive ads in the print media and held a well organised press conference. Additionally, says Mr Jain: “Our PR
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campaign conceived by M/s Hanmer hnadled the campaign comprising articles and stories in the media in an effective manner. The social network agency, Audric Consulatnts, did a splendid job through FB, Twitter , Linked In and we were able to get a huge turnout due to this.” Issues of logistics Organising an event of the magnitude of the APREDA property show has its own problems. However, the logistics team comprising Mr Sunil Chandra Reddy and Mr K Sridhar Reddy came out with flying colours and made the property show and conference a huge success. Mr Sridhar Reddy suggests that the State government should go all out and support this kind of event as it helps showcase the State and Hyderabad city in particular. Additionally, the show will encourage transparency in selling as the prices are
bound to be competitive. Moreover, as the buzz increases by the year, there is bound to be more participation, adds Mr Sridhar Reddy. “This year we took K Sridhar Reddy two halls, compared to one last year,” says Mr Reddy. Another valuable suggestion which came from Mr Reddy is about the showcasing of the Tourism Department at the show. Says Mr Reddy: “As there is virtually no promotion of tourist sites of the State, which are rich in variety and culture, the APREDA show can serve as the apt platform to promote tourism in the State. People are ready to spend and there is a huge potential for this.”
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CSR Activities
APREDA Vizag extends help to sick girl Vice chairman of VUDA Kona Sasidhar handing over Rs.2.50 lakh to Dharani. The President of APREDA, Vizag unit, Ravindranath Tagore, and others also seen.
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n a great humanitarian gesture, the Andhra Pradesh Real Estate Developers’ Association (APREDA), Vizag branch, stepped in to extend help to a sick child, Dharani, the daughter of a domestic help, in Visakhapatnam. Thanks to this gesture, Dharani has now been cured of her ailment and is back at home in Vizag. She was suffering from infection of both her kidneys and also lost her father recently. Her mother, Leela, appealed to philanthropists and others for help to save her three and half year-old daughter.
APREDA on seeing this appeal in newspapers responded with urgency and came forward to donate an amount of Rs.2.5 lakh to the child for medical expenses. The money was handed over to the child and mother by the Vice Chairman of VUDA, Kona Sasidhar, in Vizag recently. The VUDA Vice Chairman was all praise for APREDA’s gesture and expressed his readiness to provide help of any kind. He appealed to the association members to see that the money was properly spent for the child’s treatment.
Dharani was sent to Hyderabad and she was treated there. President of APREDA Vizag, B Ravindranath Tagore, talked to a specialist in Hyderabad and arranged for the treatment of Dharani. APREDA Vizag vice presidents A Ramesh Babu, G Chakradhar, secretary S.R. Niranjan, treasurer N Sri Nagesh, joint secretaries Md. Hussain, I Appala Raju, Chilukuri Srinivas, Dharma Rao and others were present when the money was given to Dharani’s mother for her treatment.
Mantri Developers holds medical camp for construction workers On October 30, 2011, active APREDA member Mantri Developers Pvt. Ltd. organised a medical camp for construction workers at Gachibowli as part of its corporate social responsibility activities. The camp was organised by Mantri Developers Pvt. Ltd. in coordination with L.V. Prasad Eye Institute and Padmavati Medical Centre. About 350 workers and their families availed of the benefits from the medical camp. They benefited from the facility of a free general check-up, complementary medicines and eye check-up provided at the camp. Mantri Developers will soon be distributing spectacles to the needy.
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Property Rates
Market rates
Locality
Price (Rs/Sq.Ft.)
Attapur A S Rao Nagar Barkatpura Bachupally Bandlaguda Banjara Hills Barkatpura Bollaram Chintal Domalguda East Marredpally Erragadda Gachibowli Hi-Tech City/Madhapur
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2800-3100 3000-3200 4500-4800 1500-2100 2000-2200 5800-7000 4500-4800 2000-2200 1800-2000 3500-4500 4200-5000 3000-3800 3200-3500 3000-3800
Habsiguda Hyderguda Hasmathpet Hydernagar Jeedimetla Jamai Osmania Jubilee Hills JNTU Road/Kukatpalli Kondapur Lingampalli LBNagar Marredpally (Secunderabad) Mehdipatnam Madhapur Nampally
3000-3500 3000-3500 2300-2800 2500-2800 1800-2100 2300-2500 6800-7800 3000-3800 2500-3800 2000-3400 2500-2800 3400-4300 3000-4200 2500-3800 2800-3900
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Mega Event
A P RE D A p r op e r t y
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2 1) APREDA president P.Prem Kumar welcoming Mr Sam Bob, Principal Secretary of MA&UD, to the property show. 2) Mr Dinesh Reddy, DGP of the State, picking the bumper draw coupon at rhe show. 3) An LCD TV being presented to the winner at the property show. 4) The Alto car and the Scooty to be presented to the winners of the draw at the event. 5) APREDA past president Mr P.S. Reddy presenting a silver coin to the winner.
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Mega Event
show a super hit 6) The steady flow of visitors to the property show. 7) The line-up of dignitaries at the conference at NAC Auditorium. 8) APREDA members in a jubilant mood at the show. 9) Visitors registering themselves at the show.
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Legislation
‘provisions of draft regulatory bill impractical’
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he National Real Estate Development Council (NAREDCO) will submit a consolidated report on the Draft Real Estate (Regulation & Development) Bill 2011, incorporating the recommendations/suggestions of all the stakeholders associated with the industry, to the Union Government soon. A ten-member delegation of the AP Real Etsate Developers Association, led by its president P. Prem Kumar and vice-president R. Chalapathi Rao, presented its views on the new bill at the meeting held in Jaipur. The draft has seven different chapters which deal with the regulation of the development of colonies and promotion of construction, sale and transfer of residential buildings, apartments and other similar properties, role of promoter, Real Estate Regulatory Authority, Appellate Tribunal, Offences and Penalties and Miscellaneous items such as court jurisdiction, etc. Selling a project without registering it with the proposed real estate authority can land a developer behind bars if it involves “criminal intent”. Also, the erring builder may be asked to cough up a heavy penalty. Moreover, builders issuing misleading advertisements for sale of flats or unnecessarily delaying projects will also come under scrutiny if the proposals in the draft real estate Bill are accepted. Also, promoters who “wilfully” violate any other provisions of the Bill will have to cough up penalty of up to five per cent of the project cost. Reasoning the need for reforms and the proposed new bill, Minister of Housing, Ms Kumari Selja, says “There have been unfair practices in the sector and even the real estate bodies have talked about the need for a regulation…why did the need arise…because of unscrupulous fly-by-night operators.” Meanwhile, the real estate industry has labelled certain provisions of the Bill as “impractical” and also criticised the imprisonment clause with regard to the promoters. “We are legitimate, respectful businesses…the Bill should not have the imprisonment clause, because the Indian Penal Code anyway deals with that aspect,” says Getamber Anand, vice-president of real estate association CREDAI. The Bill states that each phase of the project will have to be registered separately. The only exception for registration is where the land under consideration is less than 4,000 square metres, or where all approvals for the project have come a year before the act comes into effect.
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Salient features of the Draft Real Estate (Regulation & Development) Bill include:
Establishment of a ‘Real Estate Regulatory Authority’ in each State by the Appropriate Government (Centre for the UTs and State Governments in the case of the States), with specified functions, powers, and responsibilities to facilitate the orderly and planned growth of the sector; n Mandatory registration of developers/builders, who intend to sell any immovable property, with the Real Estate Regulatory Authority as a system of accreditation; n ¨Mandatory public disclosure norms for all registered developers, including details of developer, project, land status , statutory approvals and contractual obligations; n ¨Obligations of promoters to adhere to approved plans and project specifications, and to refund money in cases of default; n ¨Obligation of allottee to make necessary payments and other charges agreed upon under the agreement and payment of interest in case of any delay; n ¨Provision to compulsorily deposit a portion of funds received from the allottees in a separate bank account, to be used for that real estate project only; n The authority to act as the nodal agency to coordinate efforts regarding development of the real estate sector and render necessary advice to the appropriate Government to ensure the growth and promotion of a transparent, efficient and competitive real estate sector; as also establish dispute resolution mechanisms for settling disputes between promoters and allottees/buyers; n ¨Authorities to comprise one chairperson and not less than two members having adequate knowledge and experience of the sector; n ¨Establishment of a ‘Real Estate Appellate Tribunal’by the Central Government to hear appeals from the orders of the authority and to adjudicate on disputes. Tribunal to be headed by a sitting or retired Judge of Supreme Court or Chief Justice of High Court with 4 judicial and at least 4 administrative/technical members; n Chairperson of the Tribunal to have powers to constitute Benches for exercising powers of the Tribunal; n Establishment of a Central Advisory Council to advise the Central Government on matters concerning implementation of the Act. n ¨Council to make recommendations on major questions of policy, protection of consumer interest and to foster growth and development of the real estate sector; n Penal provisions to ensure compliance with orders of the Authority and the Tribunal n ¨Jurisdiction of civil courts barred on matters which the authority or the tribunal is empowered to determine n Both the Centre and States to have powers to make rules over subjects specified in the Bill and the Regulatory Authority to have powers to make regulations.
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Body care
For that glowing skin in
winter W
ith winter having set in, the changing temperature not only affects health but also skin. Particularly during winters one has to take special care of skin and hair as the climate becomes coarse and dry. If the skin or hair type is dry, extra care is needed. Let’s have a quick look at some beauty and skin care tips for winter Apply moisturisers and body lotions immediately after taking bath. This must be repeated at least thrice in a day during chilling cold winters. You should also apply moisturizers and skin care lotion while going to bed during winters. For those who are averse to moisturisers, add few drops of coconut oil, almond oil or mustard oil to the water with which you take bath. You can also massage your body with coconut oil, almond oil or mustard oil before taking bath. This will help you to get rid of dry skin completely. Having a hot water bath may feel good, but care should be taken not to shower, bathe or wash your face with extremely 18
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hot water. “It will not only break the capillaries in the face, but also break down the lipid barriers in the skin, which leads to a loss of moisture. Adding a few drops of almond oil in the water can nourish and hydrate dry skin. Use lip balm and keep it with you always during winters. Lip balm helps to take care of chapped lips. It will also help you to keep your lips glossy and moisturised all the time. Use flavoured lip balms instead of using the normal once. Lip balms are available in lot of flavours. Strawberry, papaya and vanilla are one of the mostly used lip balm flavours. It is better to use lip balm on your lips instead of other moisturizers and petroleum jellies to avoid them entering your mouth. You can also use malai or milk cream as a natural remedy for chapped lips during winter Make use of malai (milk cream) or curd for massaging your skin during winters. It will act as a natural moisturizer. Malai (milk cream) or curd will also act as a natural remedy for bleaching your skin. It will not only help you to get rid of dry and scaly skin but also help to make your
skin soft. Condition your hair regularly during winters. It will help you avoid dry hair. Just like moisturising skin, it is also beneficial to condition your hair with natural oils. It helps to avoid frizzy and dry hair during winters. Along with your skin massage, you can condition your hair with coconut oil, almond oil or mustard oil. Oiling hair frequently will help you to take proper care of your hair during winter as well as it will also make you hair shinny and strong. Have you ever had your hair freeze in the cold? This will cause damage to your scalp and hair can actually break off. Since hair can get dry and damaged just like our skin, protect it by conditioning more in the winter and blow dry hair on a cooler setting. Just because it’s cold doesn’t mean the sun isn’t strong. Sun screen must be applied about 30 minutes before going outside and reapply if you are going outside. For advanced skin care consult a specialist till then following these small tips will help in maintaining your complexion. -K. Malathi
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Etiquette
A caring attitude matters By Carolann Philips
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nyone who watches Indian television must have come across an advertisement aired by a company that calls itself India’s number one job search site. The advert shows numerous enthusiastic hands doodling and scribbling inane words such as ‘acidity’, ‘anaconda’ and ‘swine flu’ around the nameplate on the door of their not-so-refined, arrogant boss. Discourteous or disrespectful behavior by managers disheartens employees; undermines their confidence and their ability to contribute to the organization. It damages all of the other expensive efforts made by the organization to raise productivity. Peter Drucker, the management guru, emphasized that “Good manners are the lubricating oil of organizations.” With this in mind, there is simply no excuse for bad manners. Whether giving feedback, issuing instructions or exerting power; appropriate business etiquette and good manners are an absolute necessity. At a certain professional level, what differentiates one manager from the other has nothing to do with one’s abilities, experience, and training and everything to do with behaviour. Business etiquette is the missing link. Here are some etiquette guidelines that successful managers focus on to achieve excellence. Mannerly managers show staff that they care. They do this by giving them full attention when returning a greeting and that includes eye contact and a courteous smile. When an employee comes into their office, they stop working on the computer and avoid all other ‘multi-tasking’ actions such as filing of papers, signing of documents, opening and closing of drawers and readjusting cell phone settings which divert their attenHORIZONS
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tion from what the staff is saying. There are some tasks where the time of the subordinate may be more valuable than that of the manager. Courteous managers do not call a subordinate to the cabin for a discussion and then keep the employee waiting indefinitely while they attend to phone calls or e-mails. They use discretion and choose to convey simple instructions or information over the telephone rather than summon the employee repeatedly for trivial matters. Mannerly managers refrain from speaking to subordinates over the speaker phone. Using a speaker phone tells the employee that he or she does not deserve the simple action or effort of picking up the phone. Well behaved managers do not disparage other departments, department heads, or the employees of other departments to their subordinates. They do not create an “us against them” mentality. Mannerly managers do not bully their staff as a way of exerting power. Bullying includes: l Issuing blanket ultimatums, warnings and threats verbally or via e-mail with out justification l Demonstrating intimidating behaviour such as flying off into a sudden rage over trivial matters l Unwarranted ridiculing, or making indirect and sarcastic comments designed to undermine the employee l Taking steps to make a subordinate’s
work life extremely difficult, including setting of impossible deadlines, constantly changing reporting lines, un reasonably removing areas of responsibility and deliberately blocking advancement without cause l Deliberate exclusion of an employee from work-related activities in which they have a right or legitimate expectation to participate l Handing an employee the ‘silent treatment’, i.e. ignoring the employee by neither speaking nor responding to his or her words I agree that these are all relatively trivial things, but nevertheless they have a compound effect that in time will serve as a justification on how long an employee stays in an organization or how productive he or she will be. Whilst business schools cover a gamut of leadership and management skills, none of the skills pertaining to workplace protocol is ever taught. But as Aristotle said, “Virtue has to start somewhere. As far as we know, there is no inherited gene for politeness.” Etiquette must therefore be learnt by doing it. (Carolann Philips is a certified etiquette and protocol consultant and behavioural skills coach. She is the managing director of Hallmark Events, a company that focuses on designing and developing programmes with emphasis on organizational behaviour and
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Feng Shui
The perfect gifts for all occasions
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hether it be a wedding, house warming ceremony or a birthday. Feng Shui symbols are a perfect gift and certainly will be valued by people who receive them. The gift that keeps on giving…the Feng Shui gift of wealth..are the most popular. Let’s take look at the four most popular Feng Shui gifts for never-ending wealth and abundance. Golden Rice Bowl In Chinese culture, being well fed, healthy and having an abundance of food often translates to an abundance of wealth. This is because eating well results in greater well-being which results in a more balanced life. If more food equals more wealth, then it makes sense that the golden rice bowl is a symbol of prosperity and subsequently a great Feng Shui gift to give. Make sure this is displayed in the south east corner of your room for full effect of wealth energy. Chinese Jade Plant Going to a housewarming or trying to find that perfect gift for the green thumb in your life? A great Feng Shui gift for them would be the Chinese Jade Plant. Plants are of the element wood which also 20
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happens to be the element associated with the wealth and prosperity area of your home or room, i.e. the south east corner. This means that placing any healthy green plant in this corner will activate your wealth luck, but having a Chinese jade plant will make the attraction even more powerful. Its succulent thick green leaves are synonymous with the colour and gem jade and some households even have real jade gem tree ornaments for this purpose in their home. It is most important that if you have the real Chinese jade plant that you keep it healthy. Any dryness or wilting of the plant will instead attract stagnant bad energy which would be very bad on your finances. The Chinese Gods of Wealth They are the three old and wise Chinese gods of wealth, Fuk, Luk and Sau. They are often found together with Fuk, the god of wealth and happiness in the centre, Luk, the god of high rank and affluence on the right and Sau, the god of longevity on the left. You may have also come across the laughing Buddha statue. In Feng Shui, he is another symbol of wealth and luck. These are believed to be very powerful
wealth objects for your home and make an ideal Feng Shui gift. Ancient Chinese Coins and Red Ribbon Another popular wealth symbol or symbols in Feng Shui are the Chinese I Ching coins. These are traditionally round, gold coloured coins symbolising the unity of heaven and earth. They have squares cut out of the middle with one side representing Yin and one Yang and Chinese characters featured on each. They act as money magnets in Feng Shui and you’ll usually find them in batches of three and tied together with either red ribbon or red string and placed Yang side up (the side with four Chinese characters). They come in threes as one coin symbolizes luck from heaven, one coin luck from earth and one coin luck from man. These make the perfect Feng Shui gift because they are small enough to keep in your purse or hung in your south east corner for wealth luck without being too protruding. You can also tape three coins to your work table or sales invoice books in the south east corner or bury nine of them under the entrance to your home or place them under the entrance mat to your apartment. This is a very powerful wealth activator and will attract money to your doorstep and into your life. For the newly weds, giving anything in pairs from lamps to vases filled with flowers or candles in beautiful candle holders, helps create a sense of balance. The newlyweds can place the items on their respective nightstands for good Feng Shui, or place the two items in the romance corner of their home or the master bedroom. Anything in red - red, pink, rose and similar colours promote passion in a relationship, so anything red makes a good bridal shower gift, from red lingerie to red pillows. Anything made of ceramic or porcelain - earth is the element associated with the romance trigram of the bagua, so items representing this element will bring good luck to the couple. A pair of red ceramic objects - hearts, cranes or a symbol with significance to the bride and groom would be the perfect Feng Shui wedding or bridal shower gift.
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Technology
Paschal launches innovative E-deck
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aschal Form Work (India) launched e-deck, a slab formwork that promises to reduce construction time and improve the quality of construction. The e-deck can be used on construction sites where a crane is not available, and where aluminium should not be used. The research department of Paschal has developed a new steel panel system for slabs because of its durability and easy-to-repair aspects in comparison with aluminium. These steel panels are light in weight and the productivity is higher than aluminium panels. “High flexibility and efficiency combined with occupational safety are the key competitive factors in the present-day concrete construction industry,� says Eldo Varghese, General Manager of the Paschal facility, Paschal Form Work (India). Panel slab formwork has an advantage over flex-formwork as the panels are protected and more durable. Because the panels are attached to one another, as opposed to flexformwork, they are considerably safer. The frame consists of profiled steel and, with a height depth of only 7.5 cm, is low for building sites and easy to transport. The formwork facing consists of a 9-layer, 12 mm thick birch plywood. None of the panHORIZONS
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The slab formwork panels are directly supported by props. The distances between the props are specified depending on the size of the panels
The slab formwork promises to reduce construction time and improve quality els weigh more than 20 kg. Thus, they can be installed even at building sites where no cranes are available. Damage to the frame can be absorbed by the E-deck much better than comparable aluminium frames and it is also possible to repair the frame. Panel size The individual panels have dimensions of 60 x 125, 45 x 125, 30 x 125, 60 x 120, 45 x 120, 30 x 120, 60 x 90, 60 x 85, 60 x 60, 50 x 55, 30 x 60 and 30 x 55 cm. This means that the system can be adapted to within 5 cm for every kind of room architecture. Functions Depending on the requirements of the building site, there are three user-friendly application options for the E-deck. The
slab formwork panels are directly supported. The distances between the supports are specified depending on the size of the panels. The slab formwork panels are laid on the girder. Thus, they are freely displaceable in one direction. The slab formwork panels are laid on the girder or placed laterally (eg. using a drophead). This means that early stripping is possible already on the first day, depending on the thickness of the slab and characteristics of the concrete. Here, the girders are hidden under the panels and, therefore, are easy to clean after use. The E-deck is designed for slab thicknesses of up to 30 cm. Compatibility E-deck is so designed that the slab formwork panels are compatible with modular universal formwork. Therefore, there is no problem with direct and effective connections. Transitions of wall to slab or to joists, or for example, small stairs, only feasible using the large modular panel assortment are, therefore, absolutely possible to implement reliably in the system.
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Home Finance
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enalty on pre-payment of home loan scrapped At last the prepayment charges on floating rate home loans levied on borrowers has been scrapped. A decision to this effect was taken by the National Housing Board and will cover all housing finance companies (HFCs), including LIC Housing Finance. In case of the fixed rate home loan, the prepayment penalty can be charged. However, if the borrower is paying from his own sources, there will be no prepayment penalty. The Housing Board has also directed the HFCs to maintain uniformity in floating rate between new and old borrowers. This is a favourable development for the existing borrowers as well as new borrowers of home loans. The prepayment penalty collected by banks was a topic of hot debate because of its anti-consumer nature and the Indian Banks’ Association (IBA) requesting the RBI and the NHB not to do away with it completely. HDFC, which leads the market of housing finance with market share of more than 30 per cent, has not been keen on these moves. It was a bottleneck for borrowers from prepaying a home loan by procuring a loan from another bank that offered better rates than the existing bank. The penalty was, in some cases, as high as 4 per cent.
Penalty on
pre-payment of home loans scrapped
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Banks used to collect prepayment penalty when consumers transfer the loan to another bank. However, some financial institutions used to charge penalty even when borrowers paid from their own pocket. The RBI and NHB, however, are of a completely different opinion. RBI states in its assessment that floating rate loan already factors the fluctuating interest rates in their float rate. As such it doesn’t make sense to charge prepayment penalty. The RBI has allowed banks to charge prepayment penalty on fixed rate home loans though. This takes care of interest rate risk that banks face in fixed rate home loans. The other major grouse for home loan borrowers was the difference in floating rates charged for existing borrowers and new borrowers. This was tantamount to banks punishing existing borrowers for their being customers for a longer time. There have been concerns in several quarters regarding the practices of banks on loan disbursement, prepayment, rate differentials and mismatch between change in floating rates and change in policy rates. The RBI and IBA are also working on a few measures, which will make banking much easier such as process to resolve ATM disputes, fixed rate home loans, getting tax certificates directly from a central authority to your home address, regular loan statements from banks, and many more.
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Health & Fitness
How to beat winter
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inter can frustrate even the most motivated of exercisers. As the cold weather and dark nights set in, don’t put your fitness regime in the cold, beat the winter sloth and keep going. Instead of snuggling under the covers, take in the fresh air and shed those layers for a fitter and more fabulous figure. It’s time to get out of a warm bed and slip into a pair of track pants. It’s a shame to not take advantage of the great winter weather and not opt for workouts that are miserable in hot and sultry summer. Try cycling, jogging in the park, racket sports, it keeps you youthful while keeping that extra weight at bay. While it’s easy to slip into a sedentary state and a lazy lifestyle during winter months, one will be in for a rude shock come summer as they find themselves too big for their favourite pair of jeans. And winter is also that period of the year when people tend to put on weight as the weather is so pleasant that people are out partying and as such it’s all the more essential that you hit the gym or the local park. For those of you who have been thinking on attending yoga classes, winter is the right time to get into shape as the weather HORIZONS
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is very favourable and peaceful. It should be easy for anyone to take out those 30 minutes to practice some yoga. Yoga asanas and meditation help in strengthening muscles, flexibility and concentration along with detoxifying the body. The less one exercises their muscles, the lazier they feel. Take out a minimum twenty minutes in the day to practice yoga. Try spinal twists and asanas that help improve your posture and strengthening exercises to give you energy. Practice breathing exercises; they not only help with concentration but they go a long way in detoxifying the body from contamination. Try doing yoga outdoors, facing the sun, it is a good source of Vitamain D and also makes you feel revitalised. Take energy boosters like natural juices, orange juice and sweet lime, they are rich in vitamins and make one more lively. Stretching is a must. It not only increases your flexibility but also warms you up for strenuous exercise sessions in store. But before you start exercising there are some important things to remember in order to keep your regime safe.”
Get warm Mentally bracing yourself for facing the cold weather is half the battle, but ensuring your body is just as prepared is essential. Plummeting temperatures can tighten your muscles, therefore increasing your chance of injury. It’s vital that you get them thoroughly warmed up before you get going. It’s much easier to face the chill outside if you get your blood flowing before you set off, so take a little extra time to walk or jog around the house and carry out some simple stretches before you venture outside. Your normal workout wear of shorts and T-shirts won’t make the cut when exercising in the winter. The key to keeping your body at the right temperature is layering – and plenty of it. Pull on an extra T-shirt and zip-up top and keep your main heatreleasing body parts (hands, feet and head) wrapped by stocking up on gloves, hats and socks. But be careful you don’t over do it. Perspiration can make you colder, as body parts get wet and the wetness then chills from the wind and temperature. Wearing a layer next to your skin that helps remove perspiration is a good idea. Avoid moisture trapping materials such as cotton for your first layer and opt for silk or polyester instead. Drinking plenty of water is just as essential when exercising in the winter as in the summer. You may not feel thirsty but the risk of dehydration is just as high so keep your water bottle filled up and keep drinking. Crisp sunny days provide the perfect excuse for wrapping up warm and going for a long brisk walk. Aim to pull on your trainers and head out into the elements for at least 30 minutes a day, whether you go non-stop or split your session into two 15 minute bursts, make sure you pick up the pace to get the most out of it. Be brisk, but remember, you should still be able to hold a conversation while walking. So cure those winter blues and keep the momentum going through the winter months. You’ll give yourself a great head start to a fruitful and slim new year. --KM
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Landscaping
Avenue plantation A
Geetha Prasad
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n avenue is traditionally a broad road in a town or city, typically having trees or large shrubs at regular intervals along its sides. The word avenue derived from the French past participle of ‘avenir’ (to come) indicates or emphasizes the coming to a landscape or architectural feature. A city gets it character from its architectural buildings and landscape, wherein avenue plantations play an important role. Bangalore is known as the City of Gardens not only for its gardens, but also for its numerous avenues which are full of beautiful trees. Avenue trees produce a softer greener landscape and give a new look to the same road with every changing season. They also reduce the impact of air, dust and noise pollution and act as a natural filter to automobile emissions. They provide shade
for the traffic as well as pedestrians and arrest soil erosion. In new layouts, when one is going in for fresh plantations a few points should be kept in mind. Plants should be selected depending on the functionality of the area. Where shade is the main criteria, evergreen trees like the UMBRELLA TREE (Thespesia populnea), SATVIN (Alistonia scholaris) should be used. The PONGAM (Pongamia pinnata), though sheds its leaves, does so in early March and takes a new cloak of rich green leaves when the other trees are still in the process of shedding their leaves. In areas where the width is a problem, vertical trees like the SILVER OAK (Grevillea robusta), the age old Ashoka (Polyathea longifolia) or the newer PUTRAVANTI (Putravengia roxburghii) can
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Landscaping be planted. The most suited tree for parking lots is the INDIAN ALMOND (Terminalia Catappa) which grows straight and tall with a well shaped crown. The tree changes colour in winter and takes a reddish hue making it stand out among the surrounding verdure in great beauty and dignity. For a formal look, the many varieties of palms can be planted. ROYAL PALM being the most popular in areas where foul smell has to be camouflaged, in areas near drains and nallas, trees with scented flowers like the GOLDEN CHAMPA (Michelia champaka), INDIAN CORK TREE (Millingtonia horetenisis) and the TEMPLE TREE (Plumeria alba) can be used. Each avenue should be preferably planted with the same species as this gives it a beautiful effect when the trees are in full bloom. Trees can be selected for the colour of their flowers or the season they bloom in. The rich red scarlet and orange flowers of the GULMOHAR (Delonix regia), INDIAN TULIP (Spathodia companulata), VIRIGI (Cordia sabastina) and the CORAL TREE (Erythrina Indica) and the Yellow Flowers of the GOLDEN CHAMPA (Michelai champaka),RELA (Cassia Fistula), COPPER TOP (Peltophorum ferrugineum) and the TABEBUIA (Tabebuia argentia) gives the landscape a vibrant mood. The Pink Flowers of the QUEEN’S FLOWER (Legerstroemia speciosa), PINK CASSIA (Cassia grandia), BUTTERFLY TREE (Bauhinia purpurea) and the LILAC BIGNONIA (Bignonia metapotomica) and Blue and Mauve flowers of the JACARANDA (Jacaranda mimosifolia) and the KANCHAN (Bauhania Blackiana) give the landscape a softer and pleasant look. The teak with its white flowers has a burst of white tiny flowers after the bright new foliage grows in the monsoon. The white flowers of INDIAN CORK TREE (Millingtonia hortenisis) which fall very soon after opening is a pretty sight to see when the ground around the tree is covered by the thousands of fallen flowers and the TEMPLE TREE (Plumeria alba)blooms after it sheds all its leaves. The flowers bloom at the tip of the HORIZONS
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branches and the tree is a sight to see with its intricate branches and the bloom at the edges. Light at night gives it an ornamental look. Most trees bloom once or twice a year. During March to May, when the air is at its hottest, the ground is parched and cracked and a film of dust covers everything, one can watch the miracles of nature which bring forth from the branches of so many trees such am extravagant abundance of colourful blooms. The GULMOHAR in April, the Bauhania in March, the Jacaranda from March to May, the Queen’s flower blooms during the
monsoon months and the Spathodia from July right through winter transform the landscape into an artist’s pallete. So the next time you drive down the roads of your city, the bright new leaves and the blooms of every hue in the galaxy of colours will surely kindle the urge in you to learn more about the trees that we live amongst. (The autor is a BFA (Murals) from the J.J School of Fine Arts and has a diploma in landscape and horticulture from JNTU. She runs M/s Callos Hortus Landscape Designers and can be reached on mobile No 9246191992).
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News
From the 100 acres for NIAB at Gachibowli
The State government has directed the Ranga Reddy District Collector to give ‘advance’ possession of 100 acres of land on the University of Hyderabad (UoH) campus, Gachibowli, for setting up the National Institute of Animal Biotechnology (NIAB). Principal Secretary, Revenue, Anil Chandra Punetha, has sent an official communiqué to the Ranga Reddy Collector in this regard to immediately hand over the land to the national institute, according to a Times on India report citing sources. The institute is to be set up by the Department of Biotechnology (DBT) and get funds from the Union Government. Though the proposal from the RR district administration was to allot government land to an extent of 140 acres, the communique directed the Collector to hand over possession of 100 acres in survey no. 37 of Gachibowli to NIAB. It also stated that the UoH’s executive council has agreed to earmark land for setting up NIAB, the sources added. The Principal Secretary directed the Collector to take necessary action to hand over advance possession of the land. He also requested the Chief Commissioner of Land Administration (CCLA), Hyderabad, to send alienation proposals to the State government for further action.
State invites HP
Information Technology Minister Ponnala Lakshmaiah has requested HP Enterprise Services LLC of the United States to explore the possibilities of setting up a development centre in Hyderabad. The Minister assured that the government was one click away in helping the company establish its operations in the city which continued to be a major destination for the ICT companies. Mr. Lakshmaiah made the request when a delegation of HP Enterprise Services led by senior director Manoj Mathai called on him on recently. Presenting the value proposition of the State as an investment destination for ICT companies, he explained the advantages in
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setting up operations in the Centre. The sector recorded seamless operation in spite of the current situation and the city was comparable to top IT destinations locationwise and availability of talent pool. According to a press release, Mr. Mathai assured that HP Enterprises would strongly consider Andhra Pradesh during the due diligence process for location. The company was positive on the extensive support assured by the government.
Panel on single window clearance set up Addressing the concerns of real estate developers over the delay in getting approval for projects, the government announced the setting up of an expert committee to suggest measures for a speedy clearance system. Confederation of Real Estate Developers’ Associations of India (Credai) has brought out a model draft for speedy approval of projects through a single-window clearance. “We are constituting an expert group to look into the draft of the single window clearance Act. The committee will be headed by an eminent person and have representatives from the industry also. It will submit the report within three months,” housing and Urban Poverty Alleviation Minister Kumari Selja said at the Credai conference in Delhi. Seeking a single window clearance system in real estate sector, CREDAI has maintained that the system of multiple clearance involving about 40 departments was escalating the cost and delaying the project.
Centre opens doors for FDI in multi-brand retail The Central Cabinet has finally paved the way for the entry of global retail giants into India. On a day of big-ticket reforms, the Cabinet cleared the way for multi-brand giants such as Wal-Mart, Tesco and Carrefour to open independent multi-brand retail outlets in the country. Foreign direct investment (FDI) of up to 51 per cent has been allowed in multi-brand retail. Simultaneously, the Cabinet also gave the nod for upping the FDI limit in single-brand retail ventures to 100 per cent. The government had in February 2006 permitted 51 per cent
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pag e s & s i t e s . . . FDI in single-brand retail. The policy will allow multi-brand foreign retailers to set up shop only in cities with a population of more than 10 lakh as per the 2011 Census. There are 55 such cities. It means big retail chains can move beyond the metros to smaller cities. The clearance comes with several riders. Foreign investors will be required to put up 50 per cent of total FDI in back-end infrastructure. Such infrastructure will include capital expenditure on all activities, excluding that on front-end units. Expenditure on land cost and rentals will not be counted for purpose of backend infrastructure.
Green channel nod for high-rises
The Greater Hyderabad Municipal Corporation (GHMC) will introduce green channel for granting building permission for high-rises within two weeks. Empanelment of engineers and architects would be taken up on the lines of Hyderabad Metropolitan Development Authority (HMDA), GHMC Commissioner MT Krishna Babu informed the GHMC general (ordinary) council meeting. The Commissioner said stern action would be taken to prevent illegal constructions. GHMC has been demolishing only ongoing unauthorised structures. Buildings that have already been constructed illegally are being slapped additional property tax besides levying hefty penalties in accordance with rules, he added. Responding to questions raised by corporators, the Commissioner said 25% additional property tax was being collected from the owners of illegal constructions and similarly tax on commercial properties is being enhanced under (GO 88) after lifting the cap. People who regularised their illegal constructions under the Building Penalisation Scheme (BPS) proceedings would be exempted from additional tax. The corporation has suo motu started checking cases where people got property tax notices with demand of over Rs. 1 lakh, he said.
Occupancy certificate must for new water, power connection
In the wake of rampant illegal constructions, the GHMC has decided to implement provisions of GO 86 making it mandatory for builders to submit occupancy certificate for taking water and
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electricity connections. Henceforth, house owners who want new water connections have to produce occupancy certificate along with the application. GHMC Commissioner MT Krishna Babu has written recently to the Water Board to either insist on occupancy certificate if any owner wants to get new connection or collect three times of the tariff as penalty. The rule would also be applicable to Andhra Pradesh Central Power Distribution Company Limited (APCPDCL). The Commissioner stated that submission of occupancy certificate is mandatory to get water and electricity connections. Though the issue is not new, in the wake of Anti-Corruption Bureau (ACB) conducting probe on illegal buildings, the Commissioner has taken a decision to follow the rule strictly. However, structures which come up below 200 square yards will be exempted from the rule, HMWS&SB executive director K Ashok Reddy said.
HMDA to auction land
With no funds to clear the bills of the Outer Ring Road (ORR) and other projects, Hyderabad Metropolitan Development Authority (HMDA) has decided to mobilise resources by auctioning land. It has decided to mobilise at least Rs. 200 crore within a month so as to pay Rs. 165 crore to the contractors of ORR, as part of the Build,Operate and Transfer (BOT) annuity scheme. Apart from this, the urban development authority has to release funds for rail overbridge (ROB) at Hi-Tec City and leftover works (ramps) of the PVNR Expressway. According to reports, the HMDA has identified 4.75 acres in Nandagiri Hills of Jubilee Hills and about three acres plotted land in Gopanpally near Gachibowli for auction. Another eight acres of land at MLA Colony in Banjara Hills is also being considered for the auction. The authority hopes that the land auction might fetch about Rs 200 crore since it is prime land. There is legal litigation over the Banjara Hills land and the authority is taking legal opinion whether to put up the land for auction or not. Apart from these parcels of land, about 60 leftover plots would also be put up for the auction. The auction is likely to be conducted in December and exact date is yet to be finalised.
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News
GMR all set to bag key road project
The Hyderabad based GMR Infrastructure is all set to get a 145km-long road project connecting Hyderabad with Medak (Sangareddy) district to the northwest on the Mumbai-Hyderabad National Highway entailing an investment of Rs. 1,500 crore. The project, which is a part of a larger 245-km highway development venture connecting Hyderabad and Solapur in Maharashtra is being awarded on the toll-based module and the infrastructure major is bidding for the project aggressively, NHAI sources said. The highways building division of the company is the third main arm of GMR Infra, which is engaged in a big way in power generation, airport building, highways and urban infrastructure. Currently the company has over nine projects across the country covering over 730 km of which six projects with a length of 421 km are operational and spread equally between toll and annuity based projects and the remaining three, which are currently under construction two are being built under the toll and third on the basis of the annuity contract. The road building wing of the company has recently made headlines by winning the 555-km-long and country’s largest road project connecting Ahmedabad in Gujarat with Kishangarh in Rajasthan involving an investment of Rs. 7,000 crore.
15 National Highway projects cleared
Fifteen National Highway projects covering a length of 1,814 km and entailing an investment of Rs. 15,680 crore were cleared
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by the high-powered Cabinet Committee on Infrastructure (CCI) in its recent sitting. Cabinet Secretary, Transport Ministry, A K Upadhyay, said that the bids for some of the projects had already been invited and are being opened up very shortly. Elaborating on the subject, he claimed that the NHAI had invited bids for a total length of 4,653 km road projects of which 3,051 km have already been awarded to date. Most importantly, the government is stressing on speeding up the road building process in the Left wing-infected areas and also in the North Eastern region currently confronting insurgency-related problems. In the ongoing process, the government has already invited bids for 1,236 km of road projects and work on the execution of 524 km-long road projects has already been started in these areas. In this connection, the government has launched a Special Accelerated Road Development Program for building road network in the North East where bids have already been invited for 1,305 km highway projects and road building work has already been started on 353 km of roads in the region.
SCR freight terminal in Hyderabad The Logistics Interface Park (LIP), developed by Continental Multimodal Terminals Limited (CMTL), near Hyderabad has been notified as a private freight terminal by South Central Railway. It is a first-of-its-kind project in the country to be notified under the new policy initiative of the Indian Railways. The multi-user LIP is located at Timmapur close to National Highway-7 and is equipped with a railway sliding containing three full-length railway lines and over 250,000 square feet of covered warehousing spread over 50 acres to cater to the needs of domestic as well as export and import trade, Suresh Joseph, managing director and CEO of the company, informed in a press release. The LIP will handle domestic cargo in railway wagons and provide linkage for container trains to the gateway ports of JNPT (Mumbai), Chennai, Krishnapatnam and Visakhapatnam. CMTL is a joint venture between Continental Warehousing Corporation Limited (CWCL), a part of NDR group, and Kribhko Infrastructure Limited. “We have already started domestic operations from the LIP and plan to commence export-import business from this month-end. We plan to handle more than 20,000 containers annually,” said a senior official of the company. The park has a bonded area that can handle 4,000 boxes at a time. It will handle container trails as well as conventional railway wagons. The process for notify-
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News ing an inland container depot within the LIP premises is in an advanced stage, the official added.
Cement price may go up The average price of cement, which stands at Rs 280 per bag of 50 kg, may go up by between Rs 3 and Rs 6 per bag due to increased construction activity, according to a report by Crisil Research. “Post the festive season, construction activity and consequently cement demand will gain traction, which could lead prices to rise by 1-2 per cent, on a month-on-month basis, in November,
sioned phase one of gas distribution network project in Greater Hyderabad by commissioning supplies in and around Shamirpet area on the city outskirts. The project has been completed with an outlay of Rs. 250 crore and the entire city is likely to be covered over the next 24 months, according to A.R. Datla, Head, Marketing, Bhagyanagar Gas Ltd.Mr Datla said that the gas is being tapped from the KG D6 Reliance Industries fields supplied and evacuated from the East-West pipeline that passes through the region. The mandate is to provide piped gas for the city areas spread over 1,818 sq. km. “During phase one we have also set up gas storage and supply facilities at three Andhra Pradesh State Road Transport Corporation (APSRTC) depots,” he said. “The project which seeks to cover whole of the city is expected to be completed over the next 24 months. But significantly, we will start supplies progressively in areas wherever the pipelines are ready for local supplies,” he said over phone. Thus far, about five CNG terminals are operational in Hyderabad. Four more stations have been readied. According to plans, it is proposed to have 50 stations by December 2012 and 22 stations for APSRTC.
Apple iPhone 4S’ in India 2011,” Crisil Research head Ajay D’Souza said. The average retail price of cement in the country rose by about six per cent month-on-month to Rs 280 per bag in October 2011. “Notable price hike in the Northern region in October, 2011, largely supported the pan-India price increase,” he said, adding that on a yearly basis, the average pan-India retail cement price recorded an increase of almost 15 per cent during the month. D’Souza said the domestic consumption of cement in October remained almost flat resulting in just three per cent increase in demand during the April-October period of the current fiscal. “The subdued pace of construction activity in real estate and infrastructure segment is largely instrumental for this lacklustre demand,” he said. India’s total consumption of cement in October this year was 18.1 million tonnes, just 0.6 per cent up over the same month last year. It consumed 123 million tonnes of cement during the April-October period of the current fiscal.
Piped gas for city Bhagyanagar Gas Ltd, a venture of HPCL and GAIL, commis-
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The wait for grabbing Apple’s latest smartphone ‘iPhone 4S’ is over as two leading mobile operators — Bharti Airtel and Aircel — will make the two popular phones available. While iPhone 4S 16 GB model has been priced at Rs.44,500, the 32 GB and 64 GB handsets come with price tags of Rs.50,900 and Rs.57,500, respectively. Pre-booking for the latest iPhone models began on November 18. In the U.S., retail price of iPhone 4S at the launch in October this year was $199 (around Rs.10,000) for the 16 GB model; $299 (around Rs.15,000) for the 32 GB model; and $399 (around Rs.20,000) for the new 64 GB model. And within three days of its launch, Apple had sold over 40 lakh handsets.The ‘iPhone 4S’ comes with a 3.5-inch, 960 x 640-pixel widescreen multi-touch retina display.
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r e a l e s tat e o n o f f e r RAJAPUSHPA PROPERTIES PVT LTD Project 1 Project Name Location Property Type Unit Sizes Built-up Area Present Stage Completion By Contact Number Email Id Web site
: Rajapushpa’s Open Skies : Kokapet at Gachibowli (Near Financial District) : Luxury Duplex and Triplex Villas : 450 Sq Yards – 600 Sq Yards : 4700 Sft - 5100 Sft : 80% Work Completed : March, 2012 : 96669 88688, 040- 4003 8181/8282 : info@rajapushpa.in : www.rajapushpa.in
Project 2. Project Name Location Property Type Unit Sizes Built-up Area Present Stage Completion By Contact Number Email Id Web site
: Rajapushpa’s Cannon Dale : Kokapet at Gachibowli (Near Financial District) : Luxury Triplex Villas : 330 Sq Yards – 550 Sq Yards : 4200 Sft - 4450 Sft : 25% Work Completed : December, 2013 : 96669 88688, 040- 4003 8181/8282 : info@rajapushpa.in : www.rajapushpa.in
Project 3. Project Name Location
: Rajapushpa’s The Retreat : Kokapet at Gachibowli (Near Financial District)
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Property Type : Built-up Area : Present Stage : Completion By : Contact Number : Email Id Web site
2 BHK & 3 BHK Apartments 1250 Sft – 2085 Sft 25% Work Completed June, 2013 96669 88688, 040- 4003 8181/8282 : info@rajapushpa.in :www.rajapushpa.in
SUNRISE HOMES PVT LTD Project Name Location Property Type Unit Sizes Contact Number Email Id Web site
: Sunrise Valley : Mehdipatnam : Triplex Villas : 200 – 678 Sq Yrds : 9989643636, 9246343363, 9866322026 : suresh@sunrise-homes.com : www.sunrise-homes.com
VASUDEVA REALTORS PVT LTD Project 1 Project Name Location Property Type Unit Sizes Built-up Area Contact Number Email Id Web site
: : : : : : : :
Project 2 Project Name Location
: Bloomfield Elation Towers : Gachibowli, Hyderabad
Bloomfield Elation Villas Gachibowli, Hyderabad Luxury Villas 240 – 350 Sq. Yrds 30000sft – 4000sft 9393696959 info@vasudevarealtors.com www.vasudevarealtors.com
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Projects Property Type Built-up Area Contact Number Email Id Web site
: : : : :
Luxury Independent Apartments 1320sft – 2577sft 9393696959 info@vasudevarealtors.com www.vasudevarealtors.com
Project 3 Project Name Location Property Type Unit Sizes Built-up Area Present Stage Contact Number Email Id Web site
: : : : : : : : :
Bloomfield Ecstasy Gopanpally, Hyderabad Independent Designer Villas 240 – 350 Sq. Yrds 3000sft – 4000sft on going 9393696959 info@vasudevarealtors.com www.vasudevarealtors.com
EDIFICE PROJECTS PVT LTD Project Name : Location : Property Type : Contact Number : Email Id : Web site :
Edifice Hydershah Kote Narsingi 2BHK & 3BHK Independent Flats 9246568211 edificeprojects@yahoo.com www.edificeprojects.in
MANJEERA ESTATES PVT LTD Project 1 Project Name Location Property Type Unit Sizes Built-up Area Contact Number Email Id Web site
: : : : : : : :
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Manjeera Diamond Villas Gopanpally, Hyderabad 4BHK Luxury Villas 388 Sq. Yrds 3500sft 040 6617 6617 marketing@manjeera.com www.manjeera.com AP’s
Project 2 Project Name Location Property Type Built-up Area Contact Number Email Id Web site
: : : : : : :
Manjeera Heights-II L B Nagar, Hyderabad 3BHK Independent Apartments 1350sft – 1770sft 040 6617 6617 marketing@manjeera.com www.manjeera.com
VISHAL PROJECTS LTD Project Name Location Property Type Built-up Area Contact Number Email Id Web site
: : : : : : :
Vishal’s Srinivasa Krupa Bowenpally 3BHK Independent Flat 2303sft – 2738sft 9652222123 info@vishalprojects.com www.vishalprojects.com
: : : : : : :
Bhu:Sattva Nutankal, Hyderabad 3BHK Independent Villas 267 – 325 Sq. Yrds 040 2712 3334, 040 2713 1811 sales@saketgroup.com www.saketgroup.com
SAKET GROUP Project Name Location Property Type Unit Sizes Contact Number Email Id Web site
NCC URBAN INFRASTRUCTURE LTD Project Name Location Property Type Built-up Area Contact Number Email Id Web site
: : : : : : :
Nagarjuna Residency Gachibowli, Hyderabad 3BHK & 4BHK Flats 2430sft – 3170sft 9393778800 , 040 2326 8888 infohyd@nccurban.com www.nccurban.com
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PRAPURNA PROPERTIES PVT LTD Project Name Location Property Type Built-up Area Contact Number Email Id Web site
: : : : : : :
Prapurna Prestige Medchal, Hyderabad 3BHK Independent Flats 1700sft – 3380sft 040 2333 1888 info@prapurna.com www.prapurna.com
SRI SRI GRUHA NIRMAAN INDIA PVT LTD Project 1 Project Name Location Property Type Unit Sizes Contact Number Web site
: : : : : :
Project 2 Project Name : Location : Property Type : Built-up Area : Contact Number : Web site :
Sri Sri Antahpuram Sagar Road, Hyderabad 2BHK & 3BHK Duplex Villas 120 – 150 Sq.yrds 040 2406 9596 www.srisrigruhanirmaan.com
Sri Sri Avenues Sagar Highway Road, Hyderabad 2BHK Independent & Duplex houses 600sft – 900sft 040 2406 9596 www.srisrigruhanirmaan.com
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: Vishnu Splendor : Yousufguda, Hyderabad : 3BHk Independent Luxury : 2265sft – 2730sft : 040 2373 2429, 040 2373 6469
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Email Id Web site
: info@vishnuhousing.com : www.vishnuhousing.com
TRENDSET BUILDERS PVT LTD Project 1 Project Name Location Property Type Built-up Area Contact Number Email Id Web site
: : : : : : :
Trendset winz Gachibowli, Hyderabad 3BHK Independent Flats 2235sft – 3015sft 040 2340 3040, 040 2340 2474 sdestates@yahoo.com www.trendsetbuilders.com
Project 2 Project Name : Location : Property Type : Built-up Area : Contact Number : Email Id : Web site :
Trendset Rhthme Kondapur, Hyderabad 2BHK & 3BHK Independent Flats 1895sft – 2495sft 040 2340 3040, 040 2340 2474 sdestates@yahoo.com www.trendsetbuilders.com
Project 3 Project Name Location Property Type Built-up Area Contact Number Email Id Web site
: : : : : : :
Trendset Jubilee Kondapur, Hyderabad 3BHK Independent Flats 1823sft – 1928sft 040 2340 3040, 040 2340 2474 sdestates@yahoo.com www.trendsetbuilders.com
Project 4 Project Name Location Property Type
: Trendset woods : Gopanpally, Hyderabad : 3BHk Independent Flats
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Projects Built-up Area Contact Number Email Id Web site
: : : :
1545sft – 2225sft 040 2340 3040, 040 2340 2474 sdestates@yahoo.com www.trendsetbuilders.com
HALLMARK CONSTRUCTIONS Project Name Location Property Type Rate Per sft Unit Size range Completion By Contact Person Telephone No.: Email Web Site
: Hallmark KSN Residency : Kondapur : 3 BHK Apartments : Rs.3500 per sft. : 2300sft – 2800sft : Ready for Occupation : O.V.V.S.Murthy 98490 56529 , 040-23000263 : info@hallmarkconstructions.com : www.hallmarkconstructions.com
ALEKHYA CONSTRUCTIONS Project Name : Location : Property Type : Contact Number : Email Id : Web site :
Alekhya Kuteer Qutubullapur, Hyderabad 2BHK Apartments 040 23400369 , 04023411369 Aditya.mitta@alekhyaconstructionslimited.com www.alekhyaconstructionslimited.com
KAVURI HILLS DEVELOPERS PVT LTD Project 1 Project Name : Location : Property Type : Built-up Area : Contact Number : Email Id : Web site : HORIZONS
Kavuri Ridge Manikonda, Hyderabad 3BHK Independent Flats 1514sft – 2223sft 040 23118877 sales@kavurihills.co.in, kavuri4@yahoo.co.in www.kavurihills.co.in AP’s
Project 2 Project Name : Location : Property Type : Unit Sizes : Contact Number : Email Id : Web site :
Kavuri’s Cross Winds Banjara Hills, Hyderabad 4BHK Houses 2368 Sq. Yrds 040 23118877 sales@kavurihills.co.in, kavuri4@yahoo.co.in www.kavurihills.co.in
R K TOWNSHIP GROUP Project 1 Project Name Location Property Type Unit Sizes Contact Number Email Id Web site
: : : : : : :
R K’s Nandanavana Srisailam Highway 3 BHK Independent Houses 244 – 400 Sq.Yrds 040 23751689 info@rktownshipgroup.com www.rktownshipgroup.com
Project 2 Project Name Location Property Type Unit Sizes Contact Number Email Id Web site
: : : : : : :
R K’s Sankalp Homes Shamshabad 3 BHK Independent houses 220 – 400 Sq. Yrds 040 23751689 info@rktownshipgroup.com www.rktownshipgroup.com
S AND S GREEN PROJECTS Project 1 Project Name : Location : Property Type :
Green Meadows Gachibowli, Hyderabad 2BHK & 3BHK Independent Flats
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Projects Built-up Area Contact Number Email Id Web site
: : : :
1045sft – 1435sft 9966981888 info@greenmeadows.in www.greenmeadows.in
SAI RAGHAVENDRA CONSTRUCTIONS Project 1 Project Name : Location : Property Type : Built-up Area : Present Stage : Contact Number : Email Id : Web site :
Sai Raghavendra’s Magnificent Nalagandla, Gachibowli 2BHK & 3BHK Independent Flats 1080sft – 1655sft 80% Project work finished 9246390580, 27654420 sairaghavendracon@gmail.com www.sairaghavendraconstructions.com
MUPPA HOMES PVT LTD Project 1 Project Name : Muppa Homes Location : Narsingi Road Property Type : 2BHK & 3BHk Independent Flats Built-up Area : 960sft – 1610sft Contact Number : 040 23414071, 42030333 Email Id : info@muppahomesindia.com Web site : www.muppahomesindia.com Project 2 Project Name : Muppa Homes Location : Narsingi Road Property Type : 3BHK $ 4BHK Independent Villas Built-up Area : 3502sft – 3635sft Contact Number : 040 23414071, 42030333 Email Id : info@muppahomesindia.com Web site : www.muppahomesindia.com
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Project 1 Project Name Location Property Type Units Size Contact Number Email Id Web site
: : : : : : :
Srilakshmi Enclave Hayathnagar, Hyderabad 2BHK Independent Villas 183 Sq. Yrds 040 24066090, 9959717779 info@sridharconstructions.com www.sridharconstructions.com
MANTRI DEVELOPERS PVT LTD Project 1 Project Name Location Property Type Built-up Area Contact Number Email Id Web site
: : : : : : :
Mantri Celestia Nanakramguda, Hyderabad 2BHK & 3BHK 960sft – 1198sft 040 64522560 Hyderabad@mantri.in www.mantri.in
RELIANCE BUILDERS Project 1 Project Name Location Property Type Flats Built-up Area Contact Number Email Id Web site Project 2 Project Name Location Property Type Built-up Area Contact Number Email Id Web site
: Reliance Praradise : Kondapur, Hyderabad : 2BHK & 3BHK Independent : : : :
1044sft – 1307sft 04023228893
: : : : : : :
Reliance Broadway Shankerpally, Hyderabad
enquiry@reliancebuildershyd.com
www.reliancebuildershyd.com
2BHK & 3BHK Independent Villas
4797sft – 6457sft 04023228893 enquiry@reliancebuildershyd.com
www.reliancebuildershyd.com
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