Horizons Volume 2
ANDHRA PRADESH REAL ESTATE DEVELOPERS’ ASSOCIATION www.apreda.org
erty p o r P Showal i Spec
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Issue 14
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` 50 | December 2013 -January 2014
AP’s most credible real estate magazine
APREDA Property Show
boosts market sentiments
Special Report
Staying Ahead in Real Estate P34
c o n t e n t s Volume 2
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Issue 14
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December 2013 - January 2014
Guest Column
Cover Story
Affordable housing for all
APREDA Property Show boosts market sentiments Page 18
Page 30 Astrology
Solution to all your problems Page 32 In focus
Land pooling ushers in a new era
Special Report
Staying Ahead in Real Estate
Page 34
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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 e
Other Sections
Page 44 08
News watch
42 Happenings 42
APREDA Diary
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Pulse
50
Auspicious Days
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Humour Corner
52 Market Monitor 52
Home Loan Interests
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GO Watch
54 Property Lisiting
Editor’s Note
Property Show revives markets Buying a property requires knowledge and information, and given the magnitude of investment, one has to be well-aware of the important aspects related with a transaction. The 4th APREDA Property Show held in Hyderabad from 25th to 27th October, 2013 was an invaluable opportunity once again thrown open to those on the lookout for buying a property to empower them with a compendium of knowledge and information that will help them to arrive at a decision. The expo showcased a wide variety of projects from leading developers and enabled them to get first hand information on the latest products and services available from stalls of interior designing material suppliers, vendors, real estate consultants. There were a sizeable number of financial institutions and banks that helped the prospective buyers to know about the prevailing home loan rates, application procedure, prospects of getting loan on various projects of their choice, besides getting their loan eligibility assessed. Among other queries the visitors were engaged in trying to find out what other projects have been completed by the developer prior to this, if it was delivered on time, if he had delivered what he had promised. Some of them wanted to make a site visit to the project location and check the quality of construction and also the maintenance facilities in the project. While others said they would speak to a few home owners residing in the project regarding the support and services from the developer. Serious visitors also wanted to get a copy of the application form and agreement of sale before they finalised the deal.
Horizons www.apreda.org
Volume 2 Issue 14 December 2013 - January 2014 Editorial Advisor R Chalapathi Rao sirisampada@icloud.com
Executive Editor Jydip Mukherji jydip.mukherji@gmail.com
Editorial Team C hief Copy Writer : Kishore Upadhyay Writers : M. Sridhar Rao Sshupriti Trivita Roy Sandeep Narayan Singh Deo
Production Team
The layout of stalls with elegantly decorated and well lit up spaces gave a spectacular view to the onlooker. Thoughtful banners, colourful buntings, lively model exhibits of flats and villas, informative leaflets, handy pamphlets, creatively crafted brochures, well dressed up hosts and officials at each stall, waiting to welcome the passing visitor, told it all. Anxious visitors each one with a varied query left with a contended feel, quite evident from their smiling faces at the exit. As the customers had to drive all the way to the venue, only serious buyers genuinely interested in buying a property came to the show.
Designed By : Akshaya Design Studio
And as time fleets by leaving its feathers behind, the voices of the closing ceremony at the property show on the 27th October faded into the background. The hustle and bustle of the visitors died down, the stall participants withdrew from their three days of hectic business meetings and the office bearers of APREDA beat a retreat with pride and elan as the curtains on the fourth APREDA property show fell. The overwhelming response from prospective customers made the event a grand success.
Printed & Published by
This issue is dedicated to the 4th APREDA Property Show and features mainly the event in the Cover Story and the APREDA annual conference covered under Special Report. There is an interesting piece on ‘Solution to all your problems’ under the section on Astrology, a newly started Guest Column featuring an interview with SK Chaudhary, senior executive director, HUDCO, In-Focus has a piece on the innovative land pooling scheme to take off in AP, besides our regular features and 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 from the Horizons team a very Happy New Year! Jydip Mukherji Executive Editor
Advertising & Sales Manager : Sudheer Singh Thakur
Circulation & Distribution Shams News Agencies.
P. Prem Kumar on behalf of AP Real Estate Developers Association, owned by AP Real Estate Developers Association, Printed at Paper Craft Center, 2-3-514/4, Umanagar, Ameerpet, Hyderabad, A.P. RNI. No. APENG/2012/44473
Published From AP Real Estate Developers Association, # 102, Tirumala Shah Apartments, Yellareddyguda, Ameerpet ‘X’ Road, Hyderabad, A.P.- 500 073.
Contact: Tel: 040-65572184, +91-9989844467 email: editor@apreda.org
News Watch
National Office space absorption to reach 132 million sqft by 2017
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ullish on the revival of the economy after general elections, real estate consultancy firm Cushman & Wakefield expects nearly 132 million sqft of office space, across the eight major metros, to get absorbed by 2017. However, the report said the current year (2013) will see a 26 per cent fall in office space absorption to around 22.5 million sqft over the past year due to the ongoing slump in the economy. The supply of office space between 2013 and 2017 in the top eight cities-Delhi-NCR, Mumbai, Bangalore, Chennai, Hyderabad, Ahmedabad, Kolkata, and Pune is expected to be around 143 million sqft.
Of this 143 million sqft, around 90 million sqft are currently under various stages of construction and is expected to get completed by 2015, the report said. "The office market is expected to remain
attractive for occupiers with steady increase in absorption after a trend of decline in 2013. "With the economy expecting more stability in the post-election phase from 2015, the absorption trend is also expected to pick pace especially in established markets of Bangalore, Mumbai and Delhi-NCR," Cushman & Wakefield executive managing director for South Asia Sanjay Dutt said. The report said the absorption of office space will decline in 2013 over 2012, mainly due to the current economic slowdown, which has made many companies defer their leasing requirements.
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Govt to push PPP disputes resolution bill in winter session
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overnment will seek to push a bill to set up an institutional mechanism for resolving the disputes related to public contracts or PPP projects in the forthcoming winter session of the Parliament. The Planning Commission has finalised 'The Public Contracts (Settlement Of Disputes) Bill 2013 and submitted it to the Prime Minister's Office (PMO) according to a source. Now the bill would be placed before the Union Cabinet for discussion and approval. Once approved, it would be tabled for passage in the winter session of Parliament, he added. The PMO has directed
the Commission in May this year to draft the bill for setting up an institutional mechanism for resolving disputes in the public contracts which are holding back investment of hundreds of crores and discouraging investors. The government envisages an investment of one trillion dollars in the country's infrastructure sectors like road, telecom and power in the 12th Five Year Plan (2012-17) with half of it coming from the private sector. "We are very optimistic about the outcome of this because PMO has asked for the draft of the bill. We have already submitted
it to PMO. Now it is for the government to expedite it for further action. This law will help in kick-starting the investment cycle," said planning minister Rajeev Shukla. According to the draft bill, the government will constitute a 'Tribunal for Public Contracts' having the principal seat in New Delhi and benches in Chennai, Kolkata and Mumbai. The bill provides for the tribunal dealing with disputes in the public contracts exceeding Rs 5 crore. It will have jurisdiction over contracts executed by Central Government, State Government, Local or statutory authority or any corporation society or trust owned and controlled by the government.
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Govt for modernising land records
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fter getting the new land acquisition law through Parliament, the rural development ministry is now nudging states to modernise land records that will help owners get fair compensation if their land is taken over. A road map prepared by the ministry, and reviewed by Mint, aims to triple the number of states that have modernised land records by 2016. Currently, only four of India’s 28 states-Tripura, Haryana, Gujarat and Karnataka-are in advanced stages of modernising such records.
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This includes land surveys, updating of survey and settlement records, computerisation of land records and registration, modernising record rooms and imparting training to personnel in charge. Modernisation of records would ensure automatic mutation and facilitate a conclusive titling system to minimise land and property disputes, the review prepared by the ministry said. Andhra Pradesh, Bihar, Delhi, Goa, Maharashtra, Odisha, Rajasthan and Uttar Pradesh are placed in the second
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category among states that have done fairly well in modernising land records.
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News Watch
India plans highway to Thailand via UP
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ttar Pradesh to Thailand by road? It could be a reality soon. In what would reduce the cost and time spent on transportation of goods from India
to some Southeast Asian countries, a land route is being planned, from Uttar Pradesh to Thailand. The proposed Asian Highway 1, a first of its kind, is likely to be supported by the Asian Development Bank and the governments concerned. It will connect India to three other countries — Myanmar, Laos and Thailand — through a transborder road network. Anil Wadhwa, Indian ambassador to Thailand, said, "The trilateral highway between ThailandIndia-Myanmar will be a game changer
for our northeast region as well as for the other two countries. Movement of freight through containers along the highway will cut down the time taken for supplies to the northeast and vice versa by a number of days." India is one of the only two dialogue partners of Asean that shares land and maritime boundaries with the Asean countries. Connectivity within Asean in all its dimensions — physical, institutional and people-to-people — is a strategic priority for India.
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Realty firms push sales with innovative ideas
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he sluggish commercial market is prompting developers, occupiers and financiers to come up with innovative ideas to protect their business interests and get things moving. While developers are tweaking their offerings along with easier payment structures, including installment options, private equity players are opting for strata buys rather than acquiring entire projects for complete control. Developers are also using the time tested strategy of pushing sales through smaller houses amid high prices in commercial markets, as large floor plates are not finding many takers given that most corporate organisations have put their expansion plans on hold. Builders are now targeting professionals like lawyers, chartered accountants, traders and small business owners with
compact offices, lower prices and easier payment options to prop up their cash flows. Developers are also trying to attract prospective property buyers by offering various incentives or packages like monthly installments, 20:80 deferred payment schemes and even fully-furnished or readyto-move-in offices. "The commercial property market cycle is on a low and there's liquidity stress as residential sales are also stagnant. Smaller offices of 500-1, 000 sq ft size are selling the fastest as the ticket size is lower and both end users and investors are buying, given the attractive and low price points,
while high-net worth investors are buying pre-leased offices," says Ravi Ahuja, executive director at property consultancy firm Cushman & Wakefield. Buying commercial real estate in strata is a new phenomenon; it is already prevalent in developed market. Funds are buying proportionate equity to the extent of an area leased out and acquire the remaining stake as the project progresses in a creeping manner. The investors are also trying to pass the cash flow risk to the developer than assuming it straight away, while developers are trying to reduce this risk by tweaking their product and payment structures.
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Maharashtra plans another city, 80 km off Mumbai
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ran, a fishing village- turned special economic zone, will acquire a new status soon — that of a city. As a part of its plan to decongest Mumbai and Navi Mumbai, the Maharashtra government proposes to develop a third city in Uran, 80 km away from Mumbai in the Raigad district. The plan is still in the preliminary stages, but the state government wants to build the city over 100 sq km of land (10,000 hectares) with private sector participation. A beginning has already been made with the state run Maharashtra Housing & Area Development Authority (MHADA)
initiating a blueprint to build housing projects and other infrastructure over a 10 sq- km area (1,000 hectares of land). Uran, situated east of Mumbai across the Dharamtar Creek, is connected by road and a boat service. A project to link it with Navi Mumbai by rail has already been planned. Uran also houses the Jawaharlal Nehru Port, two private ports, a 672Mw gas- based power project of Maha Genco and an onshore terminal complex of ONGC. The proposed city will be one fourth the size of Mumbai and one- third of Navi Mumbai’s.
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December 2013 - January 2014
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News Watch
National PE funds sign deals with big builders for stable returns
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rivate equity firms with big appetites are increasingly tying up with reputed developers to build large asset portfolios and earn stable returns. While the overall number of real estate-private equity transactions have fallen over the last one year, funds are focusing more on tying up with reputed builders to create large asset portfolios. In recent deals, real estate firm Lotus Greens raised money from Red fort Capital while Mahindra Lifespace Developers entered into a joint venture with a unit of Standard Chartered Bank to develop residential projects. Similarly, US private
equity giant Blackstone formed a special purpose vehicle with Embassy Property Developers while sovereign wealth fund Qatar Investment Authorities agreed to back real estate firm RMZ to buy commercial assets. However, slowdown in construction activity in the country has left funds with fewer projects to invest in. According to data from Venture Intelligence, the first nine months of 2013 saw 28 deals with total disclosed value of $1,115 million, down about 6% from a year ago. "There has been lesser private equity investment as the proportion is falling
due to market dynamics and difficulties in exit. Majority of the funds are looking at building assets and are raising capital for 7-8 years, as the development cycle is longer in India," said Neeraj Bansal, head of real estate and construction at KPMG. The largest investment in the third quarter of 2013 was Standard Chartered's arm entering into a joint venture with Mahindra Lifespaces. "The investment plan of Rs 1,000 crore is to develop FDI compliant 1.55 million sq ft residential projects across key cities of India," said Anita Arjundas, MD and CEO of Mahindra Lifespace.
With rising footfalls, Multiplex companies witness growth
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ootfalls at multiplexes increased 1.5 times over the last three fiscals as rising spending power in smaller cities saw more moviegoers flock to such entertainment outlets. This increase has fuelled expansion in the domestic exhibition industry through both organic and inorganic routes. According to reports analysis shows that between 2010-11 and 2012-13, most exhibition companies increased their penetration in tier-II and -III cities, pushing up the
total screen count in the country by 43%. About 90% of these screens were added in malls in the smaller cities. Revenues, too, rose for most companies due to higher average ticket price. Analysts say the trend is likely to continue, given the fast-spreading mall culture. Footfall is a measure of how successful a company is at drawing people in. A growing middle class and more disposable income generally drive up footfalls at malls and multiplexes, which are theatre complexes
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with multiple screens. For multiplex chain operator and segment leader PVR, footfalls increased 2.7 times to 5.4 crore in FY13 from 1.9 crore in FY11. In the same period, its nearest listed rival, Inox Leisure, saw footfalls grow 2.1 times to 3.82 crore. Inox Leisure, which has expanded its screen capacity to 284 in FY13 from 102 in FY11, has 69% of its screen capacity in tier-II and -III cities. "In the last three years, there has been a 15-20% growth in screen capacity every year, as a result of which the industry has added 250-300 screens every year," said Nitin Sood, chief financial officer of PVR. "At PVR, 65% of screen expansion has been in tier-II and -III cities." The last three fiscals have also seen companies' revenues grow at an average CAGR (compounded annual growth rate) of 35.2%. Operating profits, too, have grown at a CAGR of 42.7%, reflecting the impact of increasing footfalls and the resultant increase in average ticket price.
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REITs will push realty sector
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he Securities and Exchange Board of India (SEBI) is preparing to allow public and private sector companies to start Real Estate Investment Trust (REIT) to enable retail investors to invest in the real estate sector. The minimum sum required for making investments in REIT,
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as per the proposed guidelines, is Rs 2 lakhs. At present, a minimum sum of upwards of Rs 20 lakhs is required for investing in the real estate sector. This means that only the upper-middle income segment can invest and benefit
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from the high returns that the sector provides. But REITs will open the gates for the middle income segment to also invest in the sector. But, this will also increase the responsibility upon the regulator to bring in transparency into the sector.
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News Watch
National Govt may bring DTC bill this winter session
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he government is likely to introduce the much delayed Direct Taxes Code Bill in Parliament in the winter session, finance minister P Chidambaram said recently. The Bill seeks to replace the Income-tax Act of 1961 with a completely new legislation. “We are trying to bring DTC in the next session,” Chidambaram told reporters here. The winter session of Parliament is expected to begin early December after the assembly elections in five states. He said: “It is my intention to take the DTC note on the official amendments to the Cabinet and introduce them in the winter session. But, that’s the call which ultimately the Cabinet has to take.” The
DTC that is under consideration has retained the income-tax exemption limit at 2 lakh. It proposes to introduce a new 35% slab on annual income of over 10 crore. At present, income in excess of 10 lakh is taxed at 30% while those earning in excess of 1 crore have to
pay a surcharge of 10%. The Bill also proposes to levy a 10% tax on dividend income exceeding 1 crore, a measure to tax those who receive income primarily by way of dividend. The corporate tax rate is proposed to be retained at 30% and the securities transaction tax will continue. At present, tax is levied on income of 2-5 lakh at 10% . 5-10 lakh at 20% and above 10 lakh at 30%. Further, those earning more than 1 crore have to pay a surcharge of 10%. The standing committee had suggested that income up to 3 lakh be exempt from tax, 3lakh to 10 lakh range be taxed at 10%, 10 lakh to 20 lakh at 20% and 30% on income over 20 lakh.
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Market responds well to festive offers
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he efforts of developers in promoting the sale of residential units this festival season—in large part through attractive discounts and freebies—seem to have paid off with the realty market responding well to their overtures. Many end users, who were sitting on the fence owing to high interest rates, have been lured into taking the plunge and buying that dream home on account of the attractive, festive discount offers. Several banks, too, have put in abeyance any increase in their lending rates. Manu Garg, director of Land-Craft Developers Pvt Ltd says: “The market has responded well to the festive-offer schemes that we launched, effective from Navaratra till Diwali, and more bookings are likely
to pour in as people generally go for bookings when the scheme is on. We are hoping that most of the pent-up demand for residential units is realised during the current period.” Consultants and large broking firms
like Investors Clinic and Re/Max India say that the festival season provides a fillip to the realty market. Sandeep Katiyar, CEO of Century 21, a global broking firm says, “The festive season hastens the buyer decision due to the attractive offers and discounts available in the market, which help revive the market.” However, he further said they do not contribute to the revival of the real estate market directly. He said property purchase is a well-deliberated process where, before buying, consumers engage in rigorous brainstorming, comparing, scrutinising, and obtaining consent from all family members—the festive season only accelerates their decision making process for a short time, he says.
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Curbs on realty foreign direct investment below 50% may stay
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he government may reject the urban development ministry's proposal to scrap all restrictions on foreign direct investment below 50% in real estate on the grounds that there can be no exemptions on rules such as minimum area norms. The suggestion was included in recommendations drawn up by the department of Industrial Policy
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and Promotion, part of the ministry of commerce and industry, in order to encourage overseas investment in real estate, which has been hit by a weak economy and high interest rates. The ministry had also suggested that minimum carpet area be used in place of the prevailing measure of built-up area. "Foreign investment up to 49%
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should be free from condition to attract foreign capital providers, which do not have long-term interest in construction assets," the urban development ministry said earlier. This will also enable real estate players to raise foreign capital at competitive rates and reduce dependency on the already strained domestic financial institutions.
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News Watch
State MMTS Phase II work is set to commence
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he much-delayed MMTS Phase II work is set to commence in about a month as the Rail Vikas Nigam Limited (RVNL) has finalised Balfour BeattyKalindee Nirman joint venture as the successful bidder for taking up the work. RVNL had invited the MMTS phase-II tender work on April 11 this year and they were opened on May 22. RVNL had invited tenders in three separate packages for work worth Rs.389 crore, while the total project cost is estimated to be about Rs. 819 crore. MMTS phase II work are to be taken up in packages, including quadrupling of track for the
between Medchal-Bolarum section.
sections between Ghatkesar-Moula Ali and patch doubling between Moula Ali-Sitaphalmandi. Doubling between Sanathnagar-Moula Ali, restoration of track between TelapurRamachandrapuram and doubling
Railway authorities claimed the response was good from bidders and the tender committee after careful scrutinising the eligibility criteria of the bidders and supporting documents finalised Balfour Beatty- Kalindee Nirman joint venture for the work. After formal permission from Railway Board, the firm will commence the work in a month and as per terms and conditions, the work is to be completed in two-and-a-half years. Work to be taken up includes earth work, track laying, bridge work, electrification, signaling etc.
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Foundation laid for the Samooha Aerospace Park at Adibatla
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he chief minister Kiran Kumar laid the foundation Stone for the Samuha Aerospace Park, in the Aerospace SEZ at Adibatla recently. The country’s first aerospace SEZ is all set to take wings in Adhibatla on the outskirts of Hyderabad. About 20 small and medium enterprises (SMEs) and a few big players have committed an investment to the tune of Rs 1,500 crore. At least half a dozen companies began work on the day kick started the activity at a foundation laying function. The Aerospace & Precision Engineering SEZ venture can provide direct employment of 10,000 and indirectly to another 18,000 in the next
Hyderabad
three years, as these manufacturing units, turn fully operational. The projected annual turnover is Rs 2,500 crore and exports to the tune of Rs 400 crore.
Technologies are the main promoters. At present, the Tatas have made major investments in a couple of ventures in the area, including the SEZ. In the joint venture with Sikorsky, it is manufacturing Samuha is a consortium of Aerospace helicopter cabins. The existence of a Industries, which will anchor the large number of SMEs with diverse development of the Aerospace expertise in Hyderabad has drawn the Park. MTAR, SEC Industries, Ananth Tatas in a big way. Similarly, several other Technologies, Zetatek, Scarlet and SKM multinationals are showing keen interest. The APIIC has allocated 193 acres at Adhibatla. Of this, 100 acres will be for the SEZ for which the Corporation is a co-developer. The 93 acres in the domestic tariff area (DTA) has been allotted to Samuha as a lead developer and to other member units, explained Jayesh Ranjan, managing director of the corporation.
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GHMC to handover some roads under AMC
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he Greater Hyderabad Municipal Corporation (GHMC) is planning to handover some roads under annual maintenance contract, commissioner Somesh Kumar informed recently. Contractors would be responsible for repairing and recarpeting of roads during the contract period, he added. Speaking to the media he said the corporation
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cannot take up all road repairing works at once. GHMC will carry out repairing works based on importance and convenience of the public. He said he had directed all deputy commissioners and zonal commissioners to give details of the badly-damaged roads within three days so that road repairs could be taken up shortly and completed by
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December end.The commissioner said he had observed that most shop keepers were throwing waste and debris on main roads and residents were dumping building debris and keeping the construction materials on roads causing much inconvenience to citizens. To curb these problems, he directed officials to impose huge penalties on the culprits.
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News Watch
Hyderabad Luxury space gaining in Hyderabad
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uxury is gaining greater significance in India and hence witnessing the need of the hour, retail space available for them is also gaining attraction. According to a recent report by Cushman & Wakefield, the reach of luxury brands in the prominent main streets of the top seven cities in the country was led by Mumbai and NCR each having 30 per cent reach, followed by Hyderabad with 16 per cent reach. Hyderabad emerged as an exception in wake of low vacancy and limited mall supply in the city, thus resulting in increased presence of luxury retailers on its main street. Fast growth in India’s luxury retail space will push up the total retail market size to $650 billion by 2017. Over 50 percent of the total income in India is earned by the top 20 percent of the population and their monthly expenditure is twice that
of the next lower bracket. By FY’17, this population bracket’s earnings will increase by about 10 percent and they will control 60 percent of the income. Luxury in India will acquire 1.44 per cent of the total retail market by 2015 as against one per cent currently, while the
total retail malls stock is set to increase by 27 per cent by 2015. The total current operational mall space in the organised retail sector across the top seven cities of India is estimated at 66 million (approx.) sq. ft. of which luxury retail space is only 770,000 sq. ft.
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City’s 15% heritage buildings on verge of collapse
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round 15 per cent of the nearly 140 heritage buildings in Hyderabad and its outskirts are in a dilapidated condition and require immediate intervention of the authorities lest they collapse, heritage conservationists have warned. Activists said that much like the City Light Hotel which collapsed on account of unchecked structure strength, at least 15 buildings require partial demolition so that they do not take the entire structure down. One such building is the Erum Manzil built by Fakhrul Mulk, a noble in the Nizam’s court, which now houses the office of the roads and buildings department. “Portions of the building could collapse anytime. Even the R&B staff isn’t using them. A proposal
for restoration and renovation at an estimated cost of around Rs 12 crore was sent to the government around nine months ago, but we are yet to receive a reply,” said conservation architect A Suryanarayana Murthy. He also said that around 10 per cent of the famed Moazzam Jahi Market (MJM) structure needed restoration. “The rear portion of MJM, which houses meat and fish shops, could collapse. Such problems could have been avoided had the authorities taken minor maintenance works such as removing debris on rooftops and clearing water spouts,” Murthy added. Another conservationist, who requested anonymity, said the Old Jail complex in Monda Market had given away and
the rest could follow suit as a result of apathy. “There was a proposal for conditional mapping of the rear portion at an estimated cost of Rs 2.5 crore, but the files are gathering dust with the government,” the source said. Activists also demanded that all heritage buildings should be handed over to a trust formed on the lines of the Nation Heritage Trust in UK, with both NGOs and representatives of the government on board. “The trust would lease out properties as per prevailing rates. This would tackle the need for maintenance and make buildings self sufficient,” said Sajjad Shahid, another heritage conservationist.
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Development works worth Rs 545 crore by March, says GHMC chief
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HMC commissioner Somesh Kumar said recently that the corporation will complete 6,732 civil and development works worth about Rs 545 crore, which were sanctioned in the current financial year, before March 2014.The commissioner held a review meeting on engineering works here and
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directed officials to complete agreements with contractors and grounding works as the tender process has already been completed for many works. He asked the engineers to speed up the tender process where they have not been called yet.He said that the GHMC has proposed to take up 3,856 new works at
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an estimated cost of Rs 605 crore. Of this, 1,091 works were recommended by corporators, 1,164 by MLCs and MLAs and 67 by MPs from their funds. The corporation has proposed 723 works, while 252 works would be taken up on public request, he said.
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(Source: From Newspapers and sites)
Cover Story
APREDA Property Show boosts market sentiments
The grand success of the recently concluded 4th APREDA Property Show has like previous years, once again boosted the real estate market and catalysed the home buyer to arrive at a decision, finds Jydip Mukherji
APREDA’s fourth Property Show being inaugurated by the chief guest M. Maheedhar Reddy, MAUD minister.
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PREDA’s fourth Property Show held from 25th to 27th October 2013 at HITEX in Hyderabad has once again revived Hyderabad’s market sentiments, reassured the industry and catalysed the home buyer to arrive at a decision.Throwing open a plethora of options from leading regional and
national property developers, housing finance institutions and banks, it was a treat for the prospective buyer besides giving a boost to city’s real estate market. The event organised by APREDA was inaugurated by M. Maheedhar Reddy, minister for municipal administration and urban development (MAUD), government
of Andhra Pradesh, the chief guest for the event. Thota Narasimham, minister for stamps and registration and N Uttam Kumar Reddy, minister for housing, the two other ministers from the state government were the guests of honour at the inaugural ceremony held on 25th morning at Hyderabad International Convention Centre (HICC).
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N Uttam Kumar Reddy, releasing the ballon at the inaugration of 4th APREDA Property Show
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Lighting lamp ceremony at the inauguration of 4th APREDA Property Show
APREDA president P Dasharath Reddy, addressing the gathering at the inaugural session Addressing the gathering at the inaugural ceremony, municipal administration and urban development minister, M Maheedhar Reddy responded to the real estate industry’s long standing demand to do away with cumbersome and tedious clearance process in relation to the grant of municipal permission for constructions in the state. He said, “The government is keenly working on this to provide single window clearance for constructions in the state, most likely, a government order in this regard will come into force within a month’s time.’’ Further he reiterated that nothing can stop Hyderabad’s growth and the recent slowdown in the development of various sectors was only a temporary phase. “Hyderabad will bounce back and will record double digit growth in the real
estate sector within a year and half,’’ he pointed out. Addressing the gathering housing minister, N Uttam Kumar Reddy said that nearly 20 lakh housing units are in different stages of construction across the state. He informed “With the clear objective of ‘shelter for all’, the state government is implementing numerous projects to provide affordable housing for the poor. Also a Rs 1,000-crore project by the Andhra Pradesh Housing Board to develop affordable housing in urban centres is underway,” he added. On the political uncertainty prevailing in the state for the last four years, which has dented the image of Hyderabad as a development centre, he said, ‘’Whatever happens, whether the state gets bifurcated
Col Narne Ranga Rao, founder president,APREDA, presenting a memento to the chief guest, MAUD minister, M Maheedhar Reddy
or not, Hyderabad will continue to exert its influence as the most-sought-after metro city in the country.’’ Earlier in the day the inaugural ceremony was kicked off by APREDA president, P Dasharath Reddy, welcoming, the chief guest, guests of honour, A. K. Misra, secretary, ministry of housing and urban poverty alleviation, government of India, Sunil Mantri, president, NAREDCO and other members of NAREDCO fraternity from various parts of the country, officials of the state government, distinguished speakers for the conference from various parts of India and abroad, developers from APREDA, CREDAI, Andhra Pradesh Builders Federation, delegates for the conference and other esteemed guests present on the occasion.
Immediate past president, P Prem Kumar presenting a memento to Sunil Mantri, president, NAREDCO December 2013 - January 2014
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“Event of this stature has not only synergised the organisation, strengthening team work, camaraderie and evolved better coordination among our members but also galvanised the industry with the overwhelming response received from the customers,” said P Dasharath Reddy, President, APREDA, commenting on the outcome of the show. Underlying the pivotal role played by the Indian real estate sector P Dasharath Reddy said, “There is a growing awareness of the important role played by the real estate and construction sector in the development of the country’s infrastructure base
Sridhar Rao, APREDA governing council member presenting a memento to A. K. Misra, secretary, ministry of housing and urban poverty alleviation, govt. of India
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APREDA Horizons Oct-Nov 2013 edition being released and is one of the largest generators to the economy. The contribution of the real estate sector to India’s GDP has been estimated at 6.3 per cent in 2013, and the segment is expected to generate 7.6 million jobs in the same period, with immense potential for development and growth.” Extrapolating on the sector’s potential he further said, “The real estate sector is next to agriculture in providing employment. It is expected to generate over 17 million employment opportunities across the country by 2025, thereby making a significant contribution to the GDP. The real estate sector has substantial potential to kickstart the economy on account of the significant backward and forward linkages with crucial and critical sectors of the economy including about 280 associated industries.” He thanked the government for its support and cooperation extended to the real estate industry and expressed hope that the long
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standing demand for grant of industry status to the sector soon becomes a reality. Talking on the various challenges confronted by the sector today he appealed to the government, “High borrowing costs, lack of institutional funding, delay in getting building permissions, Service Tax, VAT, NALA charges, labour cess and DGPA are other important factors burdening this sector. The total percentage of all taxes work out to more than 40% of the cost of construction and rationalisation of these taxes will greatly help in reducing the burden on the end user. We request your support to resolve these long standing problems.” R Chalapathi Rao, executive vice president APREDA and vice presidentsouth NAREDCO addressing the gathering drew the attention of the audience on the significant contribution of APREDA Property Show and conference in giving an impetus to the real estate market and the ongoing challenges
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“ Visitors at the registration counter faced by the industry today. Speaking on the occasion A. K. Misra, secretary HUPA talked about among other things about government’s thrust in the area of providing affordable housing to the people. Thota Narasimham, minister for Stamps and Registration gave details of progressive administrative measures and reforms undertaken by his ministry for the welfare of the people. D S Negi, director, National Building Organisation, read out the message of union minister for housing and urban poverty alleviation, Dr. Girija Vyas, who was unable to make it for the event. M Vijaya Sai, secretary general, APREDA rendered the vote of thanks to all the partners and associates for the event towards the end of the inaugural ceremony for their role in
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the successful conduct of the event. The major attraction of the three day property show was APREDA’s fourth Annual Conference on ‘Staying Ahead in Real Estate- Innovative Construction and Understanding Taxation’ held on the opening day of the property show at HICC, after the inaugural ceremony. The day- long conference was designed to give intellectual enlightenment on one hand and on the other provide deep insights into innovative construction techniques and impact of taxation to various stakeholders to enhance the growth of the Indian realty sector. National and international industry experts and bigwigs deliberated on Innovative Construction Technologies with special reference to affordable
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“The APREDA property show provides a great platform to the buyers and developers. While to the buyer it provides a wide variety of options to choose from and at the same time it presents an invaluable opportunity to the developers to showcase their projects simultaneously to a large prospective clientele, all under one common roof,” said Tollywood cine star Sumanth, who was there at the show for the lucky dip.
housing in the opening and the second session. Aluminum Formwork and Precast Technology in Construction were discussed in this session. Post lunch session was on implications of Service Tax and Value Added Taxes (VAT) in real estate industry. The concluding session of the conference had a presentation on emerging building materials and technologies in real estate. The conference was sponsored by State Bank of India while NAREDCO was the National Partner and Jones Lang LaSalle (JLL) anchored the event as the Knowledge Partner. The property show began simultaneously on 25th morning in the adjoining HITEX with 188 well laid out stalls spread over 7,000 square meters of exhibition space. The platinum sponsor consecutively for the fourth time for the property show was LIC Housing Finance Ltd and the silver sponsors were Rashmi Srisairam Property Developers who are coming up with Sankalp City in Hyderabad. The curtain raiser for the property
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“I am very impressed with the turnout of crowd and the outstanding response received from them at the show. Not only us but the rest of the participants too had a great opportunity to materialise enquiries from customers into business. Most of them were real buyers. The testimony to this is that we sold out three flats and even received advance payments from them during the event,” said PS Reddy, MD, Silpa Homes and former president APREDA, one of the participants at the show.
Aerial View of stalls show held earlier in the month of August was sponsored by Divya Shakti Group, Gowra Hallmark and Mantri Developers. The stalls spread across Hall A and Hall B had builders, developers, realtors, banks,
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financial institutions, service providers, product manufacturers, architects and designers among others displaying their latest properties, independent flats, apartments, villas, exquisite furniture, interior designing materials, building materials and talking about their exclusive services to prospective buyers. The layout of stalls with elegantly
decorated and well lit up spaces gave a spectacular view to the onlooker. Thoughtful banners, colourful buntings, lively model exhibits of flats and villas, informative leaflets, handy pamphlets, creatively crafted brochures, well dressed up hosts and officials at each stall, waiting to welcome the passing visitor, told it all. Anxious visitors each one with
Srinivas Diwakarla, deputy sales manager at Aparna Constructions one of the stall participants, commenting on the efficacy of the event said, “We are proud to be a part of the fourth APREDA Property show. This is the biggest in Hyderabad as far as property exhibitions are concerned. We see a wide spectrum of builders showcasing their villas, flats and open plots here. This time large numbers of financial institutions have taken an active role. It was inaugurated in a grand way, congratulations to APREDA.”
December 2013 - January 2014
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The Prize winning stalls
Mantri Realty Sunway Opus
Anuhar Homes
State Bank of India
Elite Space
Alekhya Homes Rehau (Active Green Window solutions)
Gowra Hallmark
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Registration and stamps department
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The show has had such an overwhelming response; the enhanced turnout as compared to previous years was unexpected as per the present scenario. It has become so sought after, that customers from across the nation and middle east are from now itself asking for the dates of the next year’s schedule of the event, so that they could be present at that time, “ said Sridhar Reddy, Chief Coordinator, APREDA and MD, Megasri Constructions.
a varied query left with a contended feel, quite evident from their smiling faces at the exit. As the customers had to drive all the way to the venue, only serious buyers genuinely interested in buying a property came to the show.
Among the 145 companies that participated in the exhibition, the banks and financial institutions including LIC Housing Finance Ltd, State Bank of India, Diwan Housing Finance Ltd, Housing Development Finance Corporation Ltd, State Bank of Hyderabad, Andhra Bank, Axis Bank, Indian Overseas Bank, Central Bank of India, Punjab Housing Finance, Oriental Bank of Commerce, Canara Bank, Bajaj Finance ltd, Dena Bank and L&T Housing Finance provided special services to fulfill prospective buyers enquires on the prevailing interest rates, their various products and loan
LIC Housing Finance Ltd, the platinum sponsor
application procedures. Apart from city-based companies, companies from Visakhapatnam, Guntur, Pune, Bangalore, Chennai and Mumbai showcased their properties. A car mela was organised by the State Bank of Hyderabad in which 12 cars of various makes were on display. The show unfolded opportunities for investing in Hyderabad to many corporate houses and individual buyers as well. Sizeable number of enquiries from individuals were for flats and villas in the price band of Rs 35 lakhs -Rs 50 lakhs.These details are based on the cumulative data obtained from banks and financial institutions. The show presented more than 400 projects of almost 150 developers through the 188 stalls on display. Major attraction for the visitors was that they could look forward to latest properties, attractive schemes and a wide range of projects at interesting locations, keeping this festive season in mind. All in all the judicious mix of participants presented a promising opportunity to all those on the lookout for their own ‘Home- Sweet Home’.
Rashmi Srisairam Property Developers, the silver sponsor December 2013 - January 2014
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“ Tollywood cine star Sumanth picking out the lucky dip winning coupons Reflecting Diwali mood, the show too had a festive atmosphere as families drove to the venue in their colourful attire. The children rushed to the kid’s play area at the venue, easing the elders to spend quality time in between the stalls, gathering all the information they were on look out for. An elaborately done up reception counter for visitors entering the venue enabled them to register their presence by making them fill up coupons that made them
eligible for the lucky draw held every day in the evening with attractive prizes for the winners. Entry to the exhibition was free. Huge stall locators were put up outside the halls to guide the visitors to go to their desired location. A wide variety of snacks and delicacies at the elaborate food courts and kids play area kept the family crowd in good humour. Soon it was evening time. On the first day well known cine actor Sumanth did the
Winner of the LED TV at the lucky dip
Winner of the Hyundai Eon car at the lucky dip
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“Now the market is slowly getting stabilised with the political issue almost decided. Our projects in Tirupati are in the finishing stages. We have seen a good response from the buyer in these projects as the waiting for occupancy is merely 6 to 8 months. APREDA property show has helped to create market awareness among the customers on various ongoing projects, the prevailing prices and helped them to close the deal,” said Ashwin Tyagi from Theme Ambience Construction, one of the stall participants of the show.
honours of declaring the winners. Mimicry and other entertainment programs were organised in the evenings to keep the crowd in good humour. The exhibition venue enlivened with a scintillating orchestra program on the closing day. President P Dasharath Reddy thanked the exhibition partners, associates, sponsors, participants and above all the public, the patrons of the event to make the event a grand success. He took the opportunity to announce the dates for the next year’s property show to be held from October 17-19, 2014. Attributing the secret of success of the property show to his team members, he applauded the unending hours of toil, members of APREDA have put in the months gone by.
Winner of the Tata Nano car at the lucky dip
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“ N Sambasiva Rao, director general, AP disaster relief and fire services addressing the closing ceremony Lucky dip prizes were given away to the winners by chief mentor, past president APREDA and veteran cine actor Murali Mohan. S Mohan won Hyundai Eon car, M Ramesh and J Nagarjuna bagged Tata Nano cars, Jaya Kumar and A Sai Shruti won gold coins, V R Prasad and Bangaru Babu secured silver coins and Advait V got a TV in the lucky dip. An eminent panel of jury adjudged the best stall winners under various participant categories. Among the winners State Bank of India was adjudged, as the best stall under the financial institution category, Elite Space secured the best creative display prize while Active Green Window solutions under the brand name Rehau won the prize for best space utilisation both the stalls under the suppliers and vendors category, Sunway Opus bagged the prize for stall with best space optimisation, Mantri Realty for best ethnic design, Gowra Hallmark for best display, Alekhya Homes for being the best stall with a cute design among the small stalls, Anuhar Homes for stall with best green concept and the registration
and stamps department won the best stall prize under the category of government stalls. N Sambasiva Rao, director general, AP disaster relief and fire services was the chief guest for the closing ceremony on the 27th October. Mementos were given to all the participants at the closing hour of the third day.
Members of the 4th APREDA property show organising Committee
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Dr. Jagan Mohan Reddy, Professor at the Institute of Public Enterprise, one of the visitors to the show said “APREDA Property Show is one stop shop solution for us. We can meet all property players and financial institutions under one roof and get access to a wide range of properties like villas, flats and independent plots.”
In 2012, the third APREDA property show had an overwhelming visitor turnout. Enthused by the immense response from the last three shows, this year it was made into a three day event, unlike a two day event on the last three occasions. And it was truly justified by the total turn out of crowd that surpassed the last year’s count. It has been a great platform to bring together the real estate developers and prospective buyers from across the state. The event turned out to be a triumphant run with even a higher turnout of crowd. And time fleets by leaving its feathers behind, the voices of the closing ceremony being held on the 27th October night died down, the hustle and bustle of the visitors faded, the stall participants withdrew from their three days of hectic business meetings and the office bearers of APREDA beat a retreat with pride and elan as the curtains on the fourth APREDA property show fell, making the grand event a mega success. jydip.mukherji@gmail.com
Some colourful moments at the closing ceremony
Guest Column
Affordable housing for all HUDCO to fund affordable housing for all says, SK Chaudhary, Senior Executive Director, HUDCO, in a tete-a -tete with Jydip Mukherji SK Chaudhary, Senior Executive Director, Housing & Urban Development Corporation Limited (HUDCO), New Delhi who was in the city to participate in the fourth APREDA Property Show held at HITEX recently, spelt out the new initiatives undertaken by the Corporation to promote housing and infrastructure development in the country.
other government agencies to promote affordable housing projects, especially for economically weaker sections. During the current financial year, HUDCO has funded more than seven lakh housing units and would be crossing the one million mark within this financial year. We would like to do at least 10 lakh houses in a year in the coming years.
Q. What are your priorities?
Q. What has been your recent initiative focused on planned development?
A: Our top priorities: HUDCO’s priority is to increase lending towards affordable housing and infrastructure. Supply of affordable housing needs to be scaled up as bulk (96%) of the shortage is in EWS and LIG categories. Infrastructure lending includes both utility and social infrastructure so as to give and enhance quality of life of the citizens. Many of the urban local bodies (ULBs) lack the capacity for providing basic infrastructure facilities such as drinking water, sewerage, drainage, roads and other such facilities. HUDCO would like to extend consultancy services as well as long-term funding to urban local bodies to improve the housing and infrastructure facilities across the country. Q. How are you going about promoting affordable housing?
A: HUDCO has launched HuNNY for small towns and cities: The 8000 odd towns and cities in India are witnessing unplanned development. HUDCO will extend mortgage-based financial assistance to the planning authorities in the country for promoting organised growth and development. HUDCO Nava Nagar Yojana (HuNNY) focuses on planned development by assisting local planning authorities through technical consultancy support, financial and marketing assistance across the country. The scheme will support urban development authorities set up new townships and residential development. We will extend all help to authorities from designing to funding, including land acquisition costs.
A: On promoting affordable housing: HUDCO is offering long term lending at very competitive rates to state government housing boards, state corporations, urban local bodies and
In Karnataka, Tumkur and Koppal have received Rs. 60 crore and Rs. 25 crore, respectively, while it is in the process of extending assistance in Gadag and Chikmagalur for designing and planning
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of layouts. Land acquisition is also being funded on mortgage of land. Besides, HUDCO has received a proposal from the Karnataka Police Housing Corporation for construction of police quarters at a project cost of Rs. 1,846 crore. Q. How can HuNNY be availed by the private sector? A: On the availability of HuNNY by the private sector: A private sector company will have to take up projects in the affordable housing segment with due approvals from the central and state governments as more than 95 per cent of shortage in housing is in the EWS and LIG cataegories. Q. What are the other interesting initiatives HUDCO is planning? A: Other interesting initiatives planned by HUDCO: The innovation cell has been constituted in the HUDCO corporate office and appointed innovation officers in every region of the country. We have already trained them into thinking laterally and to come out with a large number of suggestions and ideas. A large number of suggestions have already come up and we have implemented many of them, the rent-to-own scheme is a product of our innovation cell. Q. Why have you signed a memorandum of understanding (MOU) with National Building Construction Corporation Limited (NBCC) recently? A: The MOU has been signed between HUDCO and NBCC to develop the lands/ plots of various Government bodies to increase housing stock and office space in various cities of the country. The strength of both the public sector undertakings will be complemented to each other under this MOU. HUDCO will be providing the funds and design support for construction while NBCC will use its project management expertise and technical knowhow to develop and market the properties. jydip.mukherji@gmail.com
Astrology
Solution to all your problems Lal Kitab remedies provide practical solutions to all your problems, tensions and anxieties confronted in every day life, says Numerologist Sshupriti.
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he life which we lead today takes us far away from the truth and reality. We fake our happiness and pretend that we are fine and strong. But the truth is that we are hollow from within. Fighting the troubles we feel burdened and exhausted. Lal Kitab remedies are divine blessings which help us get out of the sea of problems. Don’t you want a simpler and less demanding way to erase troubles that have been haunting you for so long? Would you mind seeking a little help? Lal Kitab provides the much needed help. Lal Kitab is a set of simple and realistic remedies which help people to get out of their big and small troubles. Lal Kitab remedies have so far benefitted many people. It combines palmistry with Vedic Astrology to come up with a set of remedies which bring effective changes in your life. Lal Kitab contains exceptionally practical and effective remedial measures which help the negativity within us to diminish. Also these methods are very realistic, convenient and economical. It does not change you or your life in one day but with patience and faith you will see that these Lal Kitab remedies do work. You will be saved from the ordeal to conduct long and tiring pooja sessions, which besides being time consuming are expensive as well. Also it is interesting to know that these Lal Kitab remedies are purely self defensive in nature. They only act against
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the evil forces which surround you and do not harm any person. Lal Kitab provides solutions to practically all problems, tensions and anxieties which we face in our day to day life. Lal Kitab Tips and Remedies
Some Remedies, solutions and tips of the red book are general in nature and can be applied if required. You are free to try them. They are:
Try to give first chapati you cooked in your house to a cow. The last chapati should be offered to crow and dog in equal proportion or if crow is not available it could be offered to a dog. This will improve Venus, Saturn and Ketu in your horoscope. l To eliminate the bad impact of Rahu, household articles, things which have not been used for several years should be disposed off. Keep your house as well as work place free from clutter. l Give due respect to old people, saints, your father and monks and do not ever mock at them. Seek their l
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blessings. This will help Jupiter and it will start giving good results. l Take your meals in kitchen when the fire is still burning. It will reduce the evil effect of dragons head, i.e. Rahu in your horoscope. l Apply Kesar Tilak (yellow saffron) on your forehead, tongue and navel. It will improve your Jupiter and the malefic effects of Ketu would also be reduced. Give food to dogs to further remove malefic effects of Ketu in your horoscope. l If there is a Peepal tree near your house, water it every now and then. Do not show disrespect to it in any way. If possible, light a lamp (diya) in mustard oil before the tree in the evening of Saturday. This remedy is useful for strengthening Jupiter and will also remove malefic effects of Saturn in the horoscope. l If Venus is giving bad results, you can donate a cow. In addition take due care of your wife. It will be good for your wealth also. l Throw a copper coin in flowing water of a river and worship Lord Vishnu to get good results of Sun. l To get good results of moon, worship Lord Shiva and offer milk mixed water on the Shiva Linga. l Lal Kitab recommends fasting on Tuesdays and donating sindoor to Lord Hanuman to remove the malefic effects of Mars in the horoscope. Throwing of masoor pulse or honey or sindoor in running water could also help in removing malefic effects of Mars. l The malefic impact of Mercury could be removed by giving green colour clothes or some money to Eunuchs. l For getting good results of Planet Saturn, crows should be given food and mustard oil should be offered to idol of Lord Shani. There are many more specific remedies available in Vedic Astrology and Lal Kitab for getting good effect of different planets but such remedies should be used in consultation with a professional astrologer (lal kitab expert). saivision32@rediffmail.com (The writer is a leading Numerologist, Vaastu and Lal Kitab Remedy Expert)
Special Report
4th APREDA Annual Conference 2013 Staying Ahead in Real Estate
M Maheedhar Reddy, minister for municipal administration and urban development, government of AP addressing the inaugural session of the conference
Trivita Roy and Sandeep Narayan Singh Deo bring you highlights of the 4th APREDA Annual Conference 2013 that kept delegates on toes with immense knowledge sharing sessions throughout the day.
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he fourth APREDA Annual Conference 2013 on ‘Staying Ahead in Real Estate- Innovative Construction and Understanding Taxation’ held recently at the HICC was a grand success. The conference focused on providing insights on internationally acclaimed innovative construction techniques which is about to revolutionise the conventional construction practices prevalent in India. It also dwelled on understanding critical issues and challenges faced by the developers and landlords in the area of service tax and value added taxes. An eminent panel of speakers shared their expertise with more than 200 participants at the conference. It was a unique platform for knowledge sharing and networking. The conference was inaugurated by M Maheedhar Reddy, minister for municipal administration and urban development, government of AP. Thota Narasimham, minister for stamps & registration and Capt.
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“Service Tax and VAT are the burning issues for the developer community today. The panel discussions by eminent experts on complex issues in 'Service Tax' and 'VAT' brought out several nuances and finer aspects, which gave a lot of clarity to the delegates.” Mitesh Kulkarni, Senior VP and Business Head, Mantri Developers Pvt. Ltd.
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Thota Narasimham lighting the lamp at the conference along with M Maheedhar Reddy, Arun Mishra, P Dasharath Reddy and M Vijay Sai
N. Uttam Kumar Reddy, minister for housing, government of AP were guest of honour on the occasion. Maheedhar Reddy said that single-window clearance system for government approvals of real estate projects could be announced within a month’s time. He also promised to streamline the taxation on the real estate sector, after due consultation with relevant departments. He confidently asserted that “nothing
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can stop the growth of Hyderabad”. Thota Narshimham said that the department of stamps & registration will render all possible support to the developers. Uttam Kumar Reddy assured that under any circumstances the development of Hyderabad will be supported by the government. The inauguration ceremony was graced by other dignitaries from NAREDCO, ministry of housing & Urban Poverty alleviation,
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“I would first like to thank APREDA and JLL to have invited me to the APREDA conference. It was a pleasure for Kumkang to introduce and present a technology which will help Hyderabad builders to save time and cost for their future projects.” - Sang Won Jeon, Sales ManagerIndia Region, Kumkang Kind, South Korea. government of India and HUDCO. The first session of the conference on ‘Innovative Construction Technologies’ focused on various innovative construction technologies such as aluminium formwork, steel formwork, precast concrete and use of these technologies in projects. There were four audiovisual presentations in this session where they discussed on how these innovative construction technologies can revolutionise conventional construction techniques. The panel of speakers were from Shapoorji Pallonji, Kumkang Kind, PERI and Dutt Design India. Sridhar Vishwanath, vice president, Shapoorji Pallonji Engineering & Construction, one of leading construction giants of India and abroad addressed a session on use of innovative construction technologies in affordable housing project. Beginning the session with a brief introduction of Shapoorji Pallonji Group, Vishwanath quoted various successful projects undertaken by their company recently. He drew the attention of the delegates on the shortage of housing in India and the need for affordable housing in the country. He said that there is a minimum investment requirement of Rs.7,50,000 crores to cater to the affordable housing in India. This segment is catered to primarily by the government. However private players realising the immense untapped potential in this segment are stepping into it. He discussed about the two key projects
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Sang Won Jeon, Sales Manager- India Region, Kumkang Kind, South Korea addressing the session on ‘Innovative Construction Technologies’ of SP group namely Shukho Brishti a mass housing project in Kolkata and a precast housing project by Tata Realty in Bangalore. Shukho Brishti is largest mass housing project in India and known for its affordability. 150 acres mass housing project comprises of 20,000 LIG and MIG apartments with all amenities. The first phase of the project is delivered where time and quality of construction was managed by efficient and innovative construction methods. Another project which he mentioned is under construction using precast concrete technologies for design efficiency, precision, time and quality management in a G+14 floor residential tower for Tata Housing at Bangalore. The project is expected to develop 80 flats a month and deliver the project in nine months from the signing of the letter of intent. After giving the above useful insights Vishwanath concluded by saying that “there is no way but to adopt technology if one has to survive as a builder or a contractor”. The next two presentations were on aluminium formwork which is a key component of any construction activity. Sang Won Jeon, sales manager- India region, Kumkang Kind Co ltd, an aluminium formwork specialist, started the presentation with facts on shortage of housing in India. He said, “India currently needs about 3.4 million houses per year out of which only 2.4 million houses are being constructed each year, leaving a deficit of 1 million houses each year. Form work being a very essential part of construction would play a defining role in bridging this gap. As compared to traditional formwork, which
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is rudimentary and risky, steel formwork, which is bulky and cumbersome, aluminium formwork suits construction of residential and commercial projects in India because of its light weight and ease of use. Kumkang Aluminium Formwork uses high strength lightweight aluminium alloy panel. This technology was used in India in one of the residential projects developed by the Lucknow Development Authority besides its use in various projects in Pune, Bangalore, Mumbai and Delhi. This formwork supports a monolithic construction which allows
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“I would like to thank APREDA and Sandip Patnaik for giving me this opportunity. It has been an extremely good learning experience to organise the conference and be a part of it. The conference involved a lot of coordination and team work. I thank the APREDA conference organising committee for their constant support. I also thank Sandeep Singh Deo for his hard work. I am glad that our hard work paid, as the conference was well appreciated and a great success.” Trivita Roy, Assistant Vice President – Research, Jones Lang LaSalle
Interiors
Special Report casting of walls, slabs, staircases, wall brackets, etc. for an entire floor in one step. The casting can be repeated from the bottom to the top floors. S K Nag, manager sales, PERI (India) Pvt Ltd presented on formwork and scaffolding. PERI needs no introduction as it is one of the largest manufacturers and suppliers of formwork and scaffolding systems worldwide. PERI’s USP is its focus on work flow processes. Some of the advantages of this type of formwork includes : l customised for cost optimisation, involving the client at the design stage itself l Recycling of the form work is undertaken scientifically and the used form work is restored to original standards thereby ensuring environment friendly practices l PERI uses timber in its equipment which comes only from certified areas l PERI is tested and tried product with extensive support network and proven track record. Finally, the session concluded with an enriching audiovisual presentation by Prakash Shah, head operations and marketing, Dutt Design India Pvt. Ltd. (DDIPL), a knowledge centre for providing engineering solutions and consulting services for the construction industry. He started the presentation with why precast technology is needed and then discussed the following advantages of precast concrete technology: l It accelerates the construction time l Less scaffolding or formwork required l Helps in controlling the quality of construction and wastage of material, therefore increases lifecycle of the building
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Prakash Design, Pvt. Ltd.
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“It was pleasure to be part of the event and share what I know about the field of Precast Concrete Technology” Shah, Head Structural Dutt Design India
N Padmasri, additional commissioner, Central Excise & Service Tax addressing the session on Service Tax in Real Estate Supports slender construction on the site therefore increases carpet area l Reduces construction seepages and leakages l Renders architectural flexibility for internal wall arrangements l Wall panels can be provided with insulation l Structures such as wall panels, slabs, columns and staircases can be casted with extreme design precision l Reduces the wastage of portable water used for curing by using a closed water circulation curing system. l
The second session was on 'Service Tax in Real Estate'. Mitesh Kulkarni, senior vice president & business head-AP, Mantri Developers was the moderator for the session. VS Sudhir, partner, Hiregange & Associates Chartered Accountants, P Dwarakanath, head Hyderabad, M/s. Swamy Associates, N Padmasri, additional commissioner, Central Excise & Service Tax, government of India, Prashant Bhat, director, BMR Advisors and B Sunil Chandra Reddy, managing director, Sunil Estates Pvt Ltd were the panel speakers for the session. Mitesh began the panel discussion with a famous quote by American inventor and statesman Benjamin Franklin- “nothing can be said to be certain, except death and taxes”. However the key lies in how we manage taxes, he added. He then introduced the session with a short presentation on service tax in real estate by V S Sudhir. Sudhir spoke about the key aspects concerning service taxes including laws related to service tax, service tax law
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developments relating to developers, relevant service tax provision and concluded with relevant case laws and circulars. He discussed in detail the major concerns of developers, especially on service portion in the works contract and if any advance taken on sale of flats (termed as immovable property) is taxable. Laying out the agenda for discussion, Mitesh said the panel will discuss on service tax to be paid by the developer in the following transactions: l
Joint development (JD) & joint venture (JV) agreement between landlord and developer
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“It has been a very good experience to be part of the organising committee of APREDA Conference. I have received very good feedback about the event from both the speakers and the participants. I thank APREDA for having faith in us and giving us this opportunity to partner with them as Knowledge partners for the conference for the second consecutive year. I appreciate the efforts taken my APREDA organising committee to make this event a grand success. I also appreciate the hard work done by Sandeep Singh Deo and Trivita Roy who are part of my team and were working with me closely to make this event a success.”Sandip Patnaik, Managing Director and City Head – Hyderabad, Jones Lang LaSalle.
Special Report
“
“It has been a good experience for me professionally as I got a chance to understand the concerns of construction sector represented by actual people & not just papers” - N Padmasri, IRS, Additional Commissioner, Central Excise and Service Tax, Government of India. l
Developer and home buyers
l
Developer and vendor.
Kulkarni addressed the first question to Padmasri on service tax applicable in JD. She replied that in a JD the landlord share is taxable. However, the main argument is when there is a JV. In such a case also service tax will be charged as the landlord is considered to be the recipient of the developer’s service which he is paying by land. When she was asked from the date when the service tax will be charged, she replied saying it depends on the transaction type. Then Kulkarni addressed a question to Sudhir asking when the taxes are applicable. He said that taxes are applicable from 1st July, 2012 and not applicable prior to 1st July, 2010. However, the argument on taxes applicable between 1st July, 2010 and 1st July, 2013 is still to be decided based on the decision pronounced in few cases contested in the court. When Prashant Bhat was asked if the developer can collect the service tax from the landlord, he said yes. However,
he added that the main question is how to collect the tax, how much to collect and when to collect. He answered these questions telling that these depend on many aspects, such as how they are accounted, what is being accounted, if it is on area sharing basis or revenue sharing basis etc. Sunil Chandra Reddy was asked if it is easy to collect service taxes from landlord. His view was that the land values being most among others, developers are opting for joint development to block less capital. This is creating immense competition amongst developers to do joint development on prime lands. As such it becomes extremely difficult to collect service tax from the landlords. Prashant presented the panel with a court case in which the indirect tax was collected from landlord, which could be contested. Then Dwarkanath was asked to elaborate on the case of LCS City Makers (P) Ltd, which is being disputed in the court and will hold an important decision. He said that any tax is a matter of interpretation. He was then asked on when is it liable to service tax and at what point should the tax be collected. He replied saying, whenever there is a service provided there is a liability of service tax. Further points were discussed that enhanced the understanding of the service tax in real estate development for the participants of the conference. The third session was on 'Value Added Taxes (VAT) in Real Estate'. G Lakshmi Prasad, additional commissioner (Commercial Taxes) (Policy), Government
G Lakshmi Prasad, additional commissioner (Commercial Taxes) (Policy) addressing the session on VAT in Real Estate
of AP, P V Subba Rao, advocate & Tax Consultant, S Srinath, senior advisor, indirect tax, KPMG and Chalapathi Rao, managing director, M/s Bhavya Estates Pvt. Ltd and Sirisampada Infrastructures Pvt. Ltd were the panel of speakers for the session moderated by Sridhar Rao, APREDA governing council member. Lakshmi Prasad started the panel discussion by dwelling on section 4 (7) (d) of the A.P. VAT Act, 2005 and references being made to the two cases namely, Madhu Collections Case and the case of Maytas Constructions. In both the cases the facts and figures were two different perspectives and the ruling in these cases by the advance ruling committee was taken positively by the government of AP. Subba Rao drew the attention of the delegates to the Madhu Collections case, where there were different agreements for different works, post the registration. In the Maytas case, the entire value of the flat was mentioned in the mother deed and hence the authority ruled that since the entire sum was mentioned, the tax can be paid at the rate of 1.25% directly. One more aspect was discussed namely Replying to the date of VAT calculation for under construction projects, he said it would either be the date of registration of the property or the date of possession of the property given to the buyer whichever is earlier. The next aspect that was discussed was the effect of Goods and Service Tax on real estate. On this point, Subba Rao, advised the developers/contractors/ builders to ensure that all items that they want to procure from other states should
“
“In fact it’s me who should thank you all for giving me such an opportunity. Thanks and enjoyed the day. My personal congratulations to JLL, as I am aware of the pains you have taken to make the show a grand success”. - Dwarakanath, Head Hyderabad, M/s. Swamy Associates.
December 2013 - January 2014
39
Special Report
Members of the 4th APREDA Annual Conference 2013 organising committee
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“At the conference we had a healthy discussion with inputs from government, leading practitioners and a developer among the panel of speakers in the session on Service Tax. Ultimately there was more clarity in the minds of developers with regard to various issues on Service Tax.” Sunil Reddy, Executive Vice President, APREDA and MD, Sunil Estates Pvt Ltd.
be included in their CST registration list so that the procurement can be done in a hassle free manner. Lakshmi Prasad during his talk clearly outlined that in case a developer is selling a property which has already got Occupancy Certificate (a pure sale of immovable property) then VAT is not applicable. Srinath from a pan – India perspective threw light on the different types of practices followed across India regarding VAT applicability on real estate. He mentioned that with respect to VAT taxation on immovable property under construction, there are only two states which have simplified the collection of taxes in this aspect, one is Maharashtra, where it is 1% including the land value and the other is AP, where it is 1.25% including the land value. However, the recent judgement in the case of L & T by the Supreme Court has created some more questions which are still unanswered and need to be redressed again by the Supreme Court. Chalapathi Rao echoing the sentiments of the developer community said that inspite of the recent rulings, there has been no change in the state of things as
40
government has been changing stance again and again. The interpretations of the rulings have been made in order to suit the actions of the government body and this situation has to change to give respite to the developer community. The final session for the day was on ‘Emerging Building Materials and Technologies in Real Estate’ by Dr. Shailesh Kumar Agrawal, executive director, Building Materials and Technology Promotion Council (BMPTC), ministry of housing and urban poverty alleviation, government of India. The various emerging technologies showcased in the presentation included: g Mortar less Masonry (Interlocking) g Confined Masonry g Light Weight Construction Methodology g Technologies based on Agro-Industrial Waste g Bamboo based Technologies g Pre Engineered form work systems g Fibre Cement Board, Expanded Polystyrene (EPS) blocks and concrete g Fibre cement board, expanded polystyrene, (EPS) blocks, light gauge steel studs and concrete.
A front view of the conference delegates
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 e
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“The conference was a memorable endeavour to seek knowledge and understanding the latest techniques and innovations prevalent globally. APREDA reestablished Hyderabad on the national map. We were able to conjoin property exhibition inauguration with the knowledge conference with precision. The presence of political personalities and knowledge gurus from the real estate industry elevated the stature and magnanimity of the event." M Sridhar Rao, APREDA Governing Council Member and MD, Greenlife Builders Pvt. Ltd. Apart from these a lot of new materials were showcased. All in all it was an enlightening and an invaluable learning experience for the delegates. trivita.roy@ap.jll.com, sandeep.singh@ap.jll.com,
(The writers of the report,Trivita Roy, is assistant vice president – research and Sandeep Narayan Singh Deo is assistant manager, capital markets at Jones Lang LaSalle.)
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Happenings
NAREDCO governing council meeting
O
n the heels of the start of the 4th APREDA Property Show, a meeting of the NAREDCO governing council members from all over the country was held at HICC, chaired by Sunil Mantri, president NAREDCO. Minutes of the 89th and 90th NAREDCO governing council meeting, representation on the Regulatory bill to be presented to the parliamentary standing committee, proposal for NAREDCO office at Gurgaon, approval of new memberships were some of the items on the agenda of the meeting. A presentation was also made by Ashok Chhajer, one of the
members on the NAREDCO convention, awards and exhibition to be held in New Delhi in January 2014.Col (retd) Prithvi Nath another member presented his plan on taking up of the NAREDCO magazine
to make it a successful preposition. Advance from NAREDCO fund to AP NAREDCO for setting up office and for any such contingency in other places also came up for discussion at the meeting.
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NAREDCO delegation meets parliamentary committee
A
delegation led by NAREDCO, CREDAI and other real estate association members met the parliamentary standing committee on Urban development and ministry of housing and urban poverty alleviation (MHUPA) chaired by Sharad Yadav, MP, to put up their representation on the contentious issues of the Real Estate Regulatory bill which is slated to be tabled in the ensuing winter session
of parliament. NAREDCO was represented by Naveen Raheja, chairman, R Chalapathi Rao and Rajeev Talwar both vice presidents, Brigadier RR Singh, director general and Muppa Chaudhary, member. While Kailash Joshi, MP, Prasun Banerjee, MP, Mohinder Singh Kaypee, MP, Parvez Hashmi, MP, Kanumuri Bapi Raju, MP,
Ramesh Kumar, MP and Dr Sanjeev Ganesh Naik, MP were the other members of the parliamentary standing committee present on the occasion along with officials of MHUPA. The standing committee gave a patient hearing to the delegation at the parliament house and assured them on looking into the provisions of the bill on which they have expressed their concern.
>
APREDA Diary
Memorable Moments at the Monthly Meetings September 2013
K Gopalakrishna, Treasurer, APREDA presenting a bouquet to J Sagar Raju of J S R Constructions and Developers, host for the meeting
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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 e
APREDA president P Dasharath Reddy presenting a bouquet to M Prashant Rao, APREDA member, host for the monthly meeting.
APREDA Diary
K Sreedhar Reddy, Chief Coordinator, APREDA, presenting a bouquet to the guest speaker, Sindhu Ann Joseph of Yatra.com
R Chalapathi Rao, Executive Vice President, APREDA, welcoming the new member C Kiran Kumar Reddy of Sumashaila Developers
October 2013
P Prem Kumar, immediate past President, APREDA, presenting a bouquet to M V D Venugopala Rao, Deputy Regional Manager, LICHFL, the platinum sponsor for APREDA’s 4th Property Show
P Dasharath Reddy, President, APREDA, presenting a bouquet to Deepak Bosmiya, Director, Rashmi Housing Pvt Ltd, the Silver Sponsor for APREDA’s 4th Property Show
P Dasharath Reddy, President, APREDA, presenting a bouquet to K Ramachandran Nair, Deputy General Manager, State Bank of India, the Sponsor for APREDA Annual Conference 2013
Ramesh Ravipudi of Ramdigi Digital Pvt Ltd, Printing Partner for APREDA’s 4th Property Show after being felicitated by P Dasharath Reddy, President, APREDA
December 2013 - January 2014
43
In Focus
Land pooling ushers in a new era
Land Pooling Scheme could be the game changer in AP, more so in Hyderabad where cuisine is married to the culture and adds value to real estate and town planning, says M. Sridhar Rao.
H
yderabad is a very large city, one of the finest in our country. The geographical terrain, climate and cosmopolitan culture are its USP. In the last 10 years the growth pattern and the infrastructure of the city has expanded leaps and bounds. As a result land in Hyderabad is now available at a premium, not so affordable, though many pockets of plain lands are available in and around the city. Town
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Planning shapes and moulds urban living. In order to cope with the dynamics of urban planning in the changing scenario the government of Andhra Pradesh is planning to introduce Land Pooling Scheme (LPS) in Hyderabad on the lines of Maharashtra and Gujarat. In Gujarat, the government and the society have reaped the benefits of LPS by joining their neighborhood, to submit a common approved plan towards subdivision and development. It seems the local revenue authorities like Tahasildar has the power to displace or reallocate the land owner involved in LPS without subjecting the person to registration department. Even the small plot owners join together, follow the master plan readily available, continue the road pattern and get the approval. The key aspects of land pooling in the Indian context include equal contribution of land needed for public purpose from all owners; all owners to get proportionate land developed with all infrastructure facilities and amenities back with a yield of much higher value; authority/private developer makes
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 e
expenditure on infrastructure, amenities cost; leading to planned development of newer areas, instilling a sense of elevated kind of living be it commercial or residential spaces or could be a judicious mix of both leading to a new way of life and habitat paving the way to a different level of urban living where all the amenities thus created is shared and equally enjoyed- the roads, parks, infrastructure in a big way. After its phenomenal success primarily in Gujarat, LPS is in a take off stage with the developments in and around HMDA limits. Nirabh K Prasad, metropolitan commissioner HMDA says that the A P government is keen to take up LPS. To introduce the scheme in AP a meeting was convened by HMDA along with the stakeholders recently inviting letter of interest and expression. HMDA is asking for commonly available 185 acres of land, where neighbors are willing to share the larger proposed growth. HMDA also admits the impending difficulties to put such a large chunk together. Hence, has planned to appoint a panel to receive proposals with atleast
In Focus
Chief minister N Kiran Kumar Reddy, who is also the chairman of HMDA board, chaired the 5th meeting of the authority recently at the Secretariat. He directed the HMDA to speed up ongoing projects and initiatives like land pooling schemes within specific time-frame. The board also approved the Land Pooling Scheme (LPS) initiated by the authority. LPS is being taken up by the HMDA under pilot project at two places Edulanagulapally-Kollur and Pratapsingaram-Gowrelli. two third of 185 acres for submission. The final call will be taken up by the civic body for acquiring one third of the neighborhood.
subsc r i b e
To begin with, HMDA is eying areas in its jurisdiction along the Outer Ring Road Growth Corridor. Here HMDA would act as the developer and appoint a contractor by itself. The regular developer has no role to play. The land is submitted as a proposal, the rest is taken care by HMDA themselves. The landowners need not pay a single rupee from their pockets. In a broader sense below are the LPS stipulations in HMDA area. The private LPS could also be undertaken by a group of landowners through a licensed developer.
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The role and responsibility of the developer would be: (i) Mobilise the owners (ii) Land to be surveyed and demarcated as per revenue survey numbers. (iii) Pattern of preparation to be taken up in such a way that all the land owners get accommodated proportionately after deducting roads, open spaces and other mandatory reservations. (iv) Mortgage the areas prescribed by HMDA regulation to public domain areas like parks, etc. (v) Demarcation of private LPS pattern and plots. (vi) Facilitate the sale or allotment of the final plots to the owners. (vii) Estimation of development works to HMDA and undertake the development works. This entire operation of development work can be categorised into three main divisions. l Plans at the approval stage: preparation of drawings, allocation of plots and areas under public domain. l At the first level implementation stage: demarcation of area approved for private and public domain, circulation network, allocation of final plots to owners as per approved private LPS and also undertake leveling of site and completion of the road work. l At the second level implementation stage: undertake and complete
other infrastructure development works, infrastructure facilities within the approved private land pooling scheme. HMDA should not waste time to initiate LPS. Since Section (24), (25) & (26) of HMDA Act 2008, allows private developer to enter into a development agreement, pool 123.5 acres and submit for LPS. The invitation to pilot project necessarily opens the door to the would be ‘Golden Era’ for large developments unheard, unseen in Hyderabad. This can be a third floor view of so called layout. Now, one can say “Goodbye to layout. Welcome to new development”. It shall be innovative and creative too as we may expect road width anywhere between 40 feet to 100 feet. In fact predominantly not less than 60 feet inside roads would become part of good infrastructure with plot sizes ranging in acres and not square yards. Land Pooling is a planning tool in order to provide new planned development in urban and rural areas; it is an effective method to transform irregularly shaped cadastral parcels to appropriate plots that can be used in more economical manner. sdcbest@gmail.com, (The writer is APREDA Governing Council Member and MD, Greenlife Builders Pvt. Ltd)
I want to subscribe to APREDA Horizons for 6 issues. For 1 year subscription I enclose a cheque / DD of Rs 200 or have made an online payment in APREDA Horizons, Andhra Bank, Srinagar Colony Branch, A/C No:054311100001927. Mr/Ms ______________________________________Address______________________________________________ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _City_ _ _ _ _ _ _ _ _ _ _ __ _ _ _ State_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _PIN_ _ _ _ _ _ _ _ _ _ _ _ Phone____________________________Email__________________________________________________________ D.D/ChequeNo_____________________Bank__________________________________________________________ /Date of online payment:_________________________________From my bank A/c no:___ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ________ From my bank name & branch:___________________________________________Signature:___________________ Cheque/D.D should be in favor of: AP Real Estate Developers Association (No cash accepted). Date :______________________
APREDA Horizons, AP Real Estate Developers Association,
Plot No. 43-A, Journalist Colony-A, Jubliee Hills, Hyderabad-500033, A.P. Tel: 040-65572184, +91-9989844467 email: editor@apreda.org
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 e
Pulse
Complied by
Trivita Roy Assistant Vice President Research and REIS Jones Lang LaSalle India trivita.roy@ap.jll.com
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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 e
Auspicious Days
January 2014 Date
Auspicious days
Day
Time (IST)
A.M.
P. M.
03
Friday
09:02
-
11:31
05
Sunday
07:13
-
09:49
08
Wednesday
07:13
-
08:46
13
Monday
07:14
-
11:55
15
Tuesday
10:17
-
11:50
16
Thursday
07:14
-
11:45
17
Friday
07:14
-
12:51
22
Wednesday
07:13
-
10:18
24
Friday
07:13
-
10:37
26
Sunday
07:12
Humour Corner
-
11:55
Recently a world-wide survey was conducted by the UN. The only question asked was:”Could you please give your honest opinion about solutions to the food shortage in the rest of the world?” The survey turned out to be a massive failure on the following count: In the Indian subcontinent they didn’t know what ‘Honest’ meant. In Western Europe they didn’t know what ‘Shortage’ meant. In Africa they didn’t know what ‘Food’ meant. In China they didn’t know what ‘Opinion’ meant. In the Middle East they didn’t know what ‘Solution’ meant. In South America they didn’t know what ‘Please’ meant. In the USA they didn’t know what ‘The Rest of the World’ meant.
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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 e
Market Monitor
Residential Property Rates in Twin Cities Zone wise prevaling residential plot rates in sq yard and constructed floor space/ appartments in sq feet of the major localities of Hyderabad and Secunderabad.
North Zone
Central Zone
Locality
PriceRange (Rs./Sq-ft)
AS Rao Nagar Alwal Bowenpally Kompally Malkajgiri Sainikpuri Saket Sanatnagar
1900 – 2200 2000 – 2500 2200 - 2400 2300 – 2400 1900 - 2300 2100 - 3000 3200 - 3500 3500 - 4500
Price Range (Rs./Sq-Yrd) 14400 - 26100 18000 - 37800 25200 - 34200 13500 - 27000 22500 - 31500 10800 - 19800 10800 - 18000 30600 - 49500
East Zone Locality
PriceRange (Rs./Sq-ft)
Bachupalli Bandlaguda Dilsukhnagar L.B. Nagar Pragati Nagar
1800 - 2300 2100 - 2400 2500 - 3000 2300 - 2700 3400 - 3500
Price Range (Rs./Sq-Yrd)
PriceRange (Rs./Sq-ft)
Appa junction Attapur Hydeguda Rajendra Nagar Shadnagar Shamshabad
2600 - 3300 2300 - 2500 3000 – 3500 2400 - 3000 1200 – 2000 2100 - 3700
PriceRange (Rs./Sq-ft)
Ameerpet Banjara Hills Begumpet Himayath Nagar Jubilee Hills Mehdipatnam Padamrao Nagar S R Nagar Somajiguda Srinagar Colony
3600 – 4100 31500 – 46800 7000 - 10000 49500 - 90900 4500 – 6000 30600 - 45000 4500 – 6000 45000 - 63000 5500 - 7500 43200 - 54000 3500 – 4500 40500 - 58500 2400 - 4500 22500 - 34200 4200 - 4500 27000 - 45000 3200 – 4000 36000 - 49500 4500 - 5000 25200 - 31500
19800 - 31500 13500 - 22500 34200 - 58500 18000 - 22500 13500 - 27000
Price Range (Rs./Sq-Yrd) 13500 - 18000 16200 - 22500 18000 – 22500 16200 – 31500 1800 – 5850 2700 – 4950
Locality
PriceRange (Rs./Sq-ft)
Chanda Nagar Gachibowli Hitech City Hyder Nagar KPHB Colony Kondapur Kukatpally Madhapur Madinaguda Manikonda Miyapur Moti Nagar Nizampet
2700 - 3100 3000 – 4000 3900 – 4200 3200 - 3500 3200 – 3600 2500 - 3000 2100 – 2400 3000 - 4000 2300 – 2500 2500 - 3000 2800 - 3500 2200 - 2400 2700 – 3100
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Rate of Interest 10.25% 10.10% - upto 75 Lakhs 10.35% - upto 75 Lakhs 10.30% - upto 30 Lakhs 10.25% - upto 75 Lakhs 10.20% - upto 30 Lakhs 10.75% floating 9.95% - upto 30 Lakhs 10% - above 30 Lakhs 10.25% - upto 25 Lakhs 10.25% 10.25% onwards
Price Range (Rs./Sq-Yrd) 22500 - 30600 28800 - 63000 28800 - 40500 20000 - 30000 31500 - 45000 27000 - 37800 27000 - 34200 31500 - 54000 19800 - 29700 15300 - 17100 22500 - 31500 21600 – 31500 13500 - 25200
G.O Watch
Home Loan Interest Rate Table S.No. Bank Name 1 Andhra Bank 2 LIC Housing Finance Ltd v Bhagya Laxmi Plus v Super Choice 3 State Bank of India 4 Central Bank of India 5 State Bank of Hyderabad 6 Punjab Housing Finance 7 Canara Bank 8 Axis Bank 9 Bajaj Finance 10 HDFC Bank
Price Range (Rs./Sq-Yrd)
West Zone
South Zone Locality
Locality
10.60% - above 75 Lakhs 10.85% - above 75 Lakhs 10.50% - above 30 Lakhs 10.50% - above 75 Lakhs 10.30% - above 30 Lakhs 11% for 10 years 10.20% - upto 75 Lakhs 10.50% - above 25 Lakhs
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 e
G.O.Ms.No.139: The Indutry and Commerce (Mines-I) Department has issued this G.O.Ms.No.139 dated 12.11.2013 regarding exemption of seigniorage fee for leveling of land for agriculture/civil purpose which is other than mining purpose. The exemption is not applicable where the material is brought from outside the premises for leveling purpose or extracted material is transported outside the premises. G.O.Ms.No.564: The Revenue (Reg-II) Department has issued G.O.Ms.No.564 dated 12.11.2013 fixing the fee payable for issue of certified copy or extract of any document in the custody of the Registrar @ Rs.300/- per document.
Property Listing
RESIDENTIAL apartments
S.No.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
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Company:
Tirtha (India) Projects Thirtha Projects Pvt Ltd. Gangothri Developers Anuhar Homes Anuhar Homes Anuhar Homes Anuhar Homes Thirtha Projects Pvt Ltd. Jayadarsini Housing Pvt Ltd Sanvi Infra Projects Pvt.Ltd Jain Housing & Constructions Ltd Ramky Estates & Farms Ltd Vamsiram Builders Fortune Group Vamsiram Builders Sri Krishna Builders Sri Krishna Ventures Pvt Ltd Fortune Group Apurupa Infrastructure
Project Name:
Rock Cliff Apartments Siddivinayaka Nakshatra, Nakshatra Pride Colors A - Square Coral Bells Yellow Blooms “Rock Cliff” Uttam Residency Sanvi’s Sri Abode Jain Salzburg Ramky One North Jyothi Blues Fortune Ikon Jyothi Vista Krishna Elite Krishe Valley Essjay Fortune Apurupa’ Srinivas Height
Property Type:
2 & 3 BHK Apartments 2 BHK Apartments Residential Gated Community Flats 2 & 3 BHK Independent Flats 3 BHK Independent Flats 3 BHK Apartments 3 BHK Apartments 2 & 3 BHK Apartments Residential Duplex Apartments 2 & 3 BHK Apartments 2&3 BHK Residential Apts Residential Apts 3 BHK Apartments 3 & 4 BHK Apartments 4 BHK Apartments 3 & 3 BHK Apartments Premium Residential Apartment 2 & 3 BHK Independent Flats 2 & 3 BHK Independent Flats
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 e
real estate
Size Range:
1125 sft - 1515 sft 1170 sft - 1200 sft 1607 sft to 1739 sft 1166 sft - 1604 sft 2120 sft - 2175 sft 2600 sft 2150 sft 1125 sft - 1515 sft 1600 sft 866 sft to 1660 sft 914 Sft - 1273 Sq.ft 1035 sft - 1375 Sft 1615 sft 2125 sft - 3375 sft 4500 sft 1600 sft - 1900 sft 1850 sft – 4500 sft 1165 sft - 2100 sft 975 sft to 1565 sft
Contact No:
Location:
Subramanyam - 9908155115 Ravi - 9908155115 K Madhuram Reddy - 9000919222 Nagendra - 9866326099 Nagendra - 9866326099 Nagendra - 9866326099 Nagendra - 9866326099 Subramanyam - 9908155115 Vinod K Uniyal 9849222922 T Surya Prakasa 9885659463 Syed imran - 86860 45960 Sridhar 8105899779 9849558979 / 9642323313 7702333563 / 7702301233 9849558979 / 9642323313 Srichand Hinduja - 9292108365 Suresh Sarma – 9985228889 7702333563 / 7702301233
APPA Junction / Bandlaguda A S Rao nagar / Officers colony Alkapur Layout, Manikonda Alkapuri Township, Manikonda Alkapuri Township, Manikonda Alkapuri Township, Manikonda Alkapuri Township, Manikonda APPA Junction / Bandlaguda
9949949439
Boduppal
Attapur Bachupally Syed imran Near APPA Junction, Bangalore Banjara Hills, Near TV 9 office Banjara Hills, Road No. 10 Banjara Hills, Road No. 5, Banjara Hills, Road No.10 Banjara Hills, Road No.12 Begumpet
Property Listing
on offer S.No. S.No. Company: Company:
Project Project Name: Name:
20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47
Satellite Township Praneeth Pranav Meadows Prem’s Sai Brindavanam Ashoka Springfields Janapriya Nile Valley Vasavi’s Grande Vista Guru’s Choice Residency Foot Prints Earth Song Aliens Space Station 1 Jains Carlton Creek Smondo Ramky Towers Green Grace Bloomfield Elation Towers Ramky Towers Elite Aditya’s Paramount Heights Green Meadows Sunshine Residency Mantri Celestia Ramky One Paradize Splendour Manjeera Diamond Towers Aparna Kanopy Tulip Golden Ridge Sri Sai Ram Towers Sri Sairam Towers Fort View
Shanta Sriram Constructions Praneeth Developers Prem Constructions Sai Shakti Projects & SVAS infra Janapriya Engineers Syndicate Vasavi Group Choice India Infra Projects Alekhya Homes Alekhya Homes Aliens Group Jain Housing & Constructions Ltd Patel Realty Ramky Estates & Farms Ltd S & S Green Projects Pvt Ltd Vasudeva Realtors Pvt Ltd Ramky Towers Ltd Aditya Construction Company S & S Green Projects Pvt Ltd Shanta Sriram Constructions Mantri Developers Pvt Ltd Ramky Estates & Farms Ltd Modi Builders & Realtors Pvt Ltd Manjeera Projects Aparna Shelters Pvt Ltd Andhra Infra Projects Pvt Ltd Sai Sai Ram Projects Limited Sri Sairam Projects Ltd Theme Ambience Constructions
RESIDENTIAL apartments Property Property Type: Type:
Spacious 2&3 BHK Super Deluxe Apts 2BHK Independent Apts 2 & 3 BHK Independent Flats Residential Apartments 2 & 3 BHK Apartments Residential Apartments 2 & 3 BHK Apartments Residential Residential 2 & 3 BHK Apartments 2,3&5 BHK Residential Apts 2 & 3 BHK Apartments Residential Apts 3 BHK Independent Flats 3 & 3 BHK Apartments 3 & 4 BHK Apartments Residential Apartments 2 & 3 BHK Independent Flats 2 & 3 BHK Luxury Apartments 2 & 3 BHK Apartments 3 & 4 BHK Apartments Luxury Apartments 2 & 3 BHK Independent Flats 2 & 3 BHK Apartments 1, 2 and 3 BHK Apartments 2 & 3 BHK Apartments Residential Gated Community 3 & 3 BHK Independent Flats
SizeSize Range: Range:
Contact Contact No: No:
Location: Location:
1180 sft to 1513 sft 1050 sft to 1400 sft 1107 sft 1674 sft 1245 sft - 1760 sft 940 sft - 1495 sft 1200 Sft to 3200 Sft 1150 sft to 1414 sft 1165 Sft to 1510 Sft 1300 Sft - 1695 Sft 1122 sft - 2208 sft 1053 Sft - 2556 Sft 990 sft - 1435 sft 2235 to 5120 Sft 2160 sft - 2870 sft 1320 sft 2577 sft 2310 sft to 5120 sft 1665 sft to 2010 sft 1045 sft - 1435 sft 1100 sft to 1503 sft 850 sft - 1198 sft 1002 sft to 1506 sft 1716 sft - 1933 sft 777 sft - 1510 sft 930 sft - 1495 sft 672 sft - 1664 sft 1200 sft - 2800 sft 1300 sft to 4500 sft 960 sft - 1480 sft
9951355885 / 04065656500 Varma - 9849615833
Bowenpally, Near Suchitra Jn Bowrampet / Bachupally
9848027961 Akilesh - 8897088000 23222999 Vijay Kumar Y - 9866487555 V.Srinivas 9441115599 Mr.Afroz : 9000729977 Mr. Afroz : 9000729977 9966234234 Syed imran 86860 45959 Ramesh 7799881247 Tirupathi Reddy 9989055127
Chandanagar Chandanagar, Near BHEL Chandanagar, Near Miyapur Dairy Farm Road, Alwal East Marredpally Financial District, Gachibowli Financial District, Gachibowli Gachbowli Tellapur Gachibowli Gachibowli Gachibowli
9052252222
Gachibowli
9393696959 Prashanth – 9177496767 Ramakrishna - 9912225072 9052252222 9951355885 / 04065656500 Srinivas Manda - 9177444769 VenuGopalReddy 9701001276 9700085888 / 040-66336633 66176617 / 23735194 9505201115 9440029000 / 8500040022 9346046071 / 72 30247979 / 9346046073 9348521652
Gachibowli Gachibowli Gachibowli Tellapur Gachibowli Extension Gachibowli, Near NASR School Gachibowli, Near Wipro Junction Gajularamaram Gajularamaram, Kukatpally Gopanpally Gachibowli Gudlapochampally, Kompally Gujularamara Quthubullapur Hafeezpet, Near Hitec-City Hafeezpet, Near Hi-Tech City Himayathsagar Road
December 2013 - January 2014
55
Property Listing
RESIDENTIAL apartments S.No. Company:
48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74
56
Cybercity Builders & Developers NCC Urban Infrastructure NCC Urban Infrastructure Shanta Sriram Constructions Alekhya Homes Alekhya Design Homes Bhanu Estates Vamsiram Builders Vamsiram Builders Vamsiram Builders Vamsiram Builders Aparna Constructions Saket Engineers Pvt. Ltd. Saket Engineers Pvt. Ltd. Alekhya Homes Choice India Infra Projects Hallmark Alekhya Homes Narne Homes Rajapushpa Properties Pvt. Ltd. Rajapushpa Properties Pvt. Ltd. Rajapushpa Properties Pvt Ltd Modi Builders & Realtors Pvt Ltd Fortune Group Pranit Projects P Ltd Alekhya Homes Srinilaya Projects Srinilaya Projects
Project Name:
Rainbow Vistas @ Rock Garden Nagarjuna Residency NCC Urban Gardenia Supreme Residency Wind Chimes Foot Prints Atria10 Jyothi Senate Jyothi Anri Hyothi Signature Jyothi Dwelling Aparna Aura Saket Sriyam Saket Pranaam Jasmine Choice India Green Canopy Carlton Creek Rajapushpa Atria Rajapushpa’s The Retreat Rajapushpa’s THE RETREAT Palm Springs Kumkum Heights Galaxy Apartments Bliss Adi Emerald Lahari’s Adi Emerald
Property Type:
Integrated Township 3 BHK Apartments 4 & 5 BHK Duplex Apartments 3 BHK Luxury Apartments Residential 2 & 3 BHK Independent Flats 3 BHK Independent Flats 3 BHK Apartments 3 BHK Apartments 3 BHK Apartments 3 BHK Apartments 3 BHK Premium Luxury Apartments Residential Apartments Residential Apartments Residential 3 BHK Apartments 2 & 3 BHK Apartments 2 & 3 BHK Apartments 2, 3 & 4 BHK Luxury Apartments 2 & 3 BHK Apartments 2 & 3 BHK Apartments Luxury Apartments 2 & 3 BHK Apartments 2 & # BHK Premium Residential Apts Residential 3 BHK Apartments 3 BHK Independent Flats
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 e
real estate Size Range:
1250 sft - 2695 sft 2340 sft 3400 sft to 4150 sft 1600 sft to 1642 sft 2200 Sft - 2700 Sft 1165 sft - 1620 sft 2061 sft 2887 sft 3500 sft 3200 sft 2800 sft 2600 sft 1820 sft - 2406 sft 1241 sft - 1999sft 516 Sft - 1861 Sft 1140 Sft - 1695 Sft 2900 sft 1250 Sft - 1800 sft 1364 sft - 2556 sft 1350 sft - 3455 sft 1250 Sft - 2107 Sft 1250 sft - 2107 sft 1431 sft - 1910 sft 1155 sft - 1940 sft 1075 sft to 2310 sft 1645 Sft 1828 sft - 2214 sft 1828 sft - 2035 sft
Contact No:
Srikanth 9989424444 Venkat Ramana - 9885178890 Venkat Ramana - 9885178890 9951355885 / 04065656500 Mr.Afroz : 9000729977 9553074447 / 9000729977 040-27890917 9849558979 / 9642323313 9849558979 / 9642323313 9849558979 / 9642323313 9849558979 / 9642323313 950520115 Hari Babu - 9652352233 Hari Babu 9652352233 Mr.Afroz : 9000729977 9441115599 Ramesh - 9849958853 Siva Prasad - 9885976647 Mohan Rao - 9553988822 Damodar - 9666988588 Mr.Damodar9666988588 9700085888 / 040-66336633 7702333563 / 7702301233 Satish Paruchuri 9550677444 Mr.Afroz : 9000729977 Prasad Vasireddy - 9963265559 9963265559 / 9963465559
Location:
Hitec City Hitec City, Gachibowli Hitec City, Gachibowli Hitech City, Near E-Park Hitex Journalist Colony, Near Wipro Circle Jubilee Hills Jubilee Hills Jubilee Hills, Opp. Andhra Jyothi Jubilee Hills, Opp. Andhra Jyothi office Jubilee Hills, Opp. Andhra Jyothi office Jubilee Hills, Shaikpet Kapra, A.S. Rao Kapra, ECIL Kavuri Hills V.Srinivas Kavuri Hills Khajaguda, Beside Lanco Hills Khajaguda, Near Gachibowli Kokapet, Gachibowli Kokapet, Gachibowli Kokapet, Gachibowli Kompally Kondapur Kondapur Kondapur Kondapur (Lahari Homes) Kondapur, Near Chirec Public School
Property Listing
on offer S.No. Company:
Project Name:
75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101
Matrix Tulip Janapriya Arcadia Sushaanta Emami Swan Lake Vaddepally Enclave Vertex Prime Vertex Sadguru Krupa Alekhya Towers Cecon Manor Jyothi Lotus Krishna Dhaam Gowra Tulips Bollineni Homes Green Living Lanco Hills Domina AV Info Pride Madhu Park Ridge Aparna HillPark Lake Breeze Aparna Hillpark Avenues Vasavi’s Brundavanam Janapriya Metropolis Imperial Fortune Chalet Meadows Ramky One Kosmos Aparna CyberZon Aparna Sarovar Grandè
Matrix Infra & Developers Janapriya Engineers Syndicate Serene Estates Emami Constructions Sumashaila Developers Vertex Homes Vertex Homes Alekhya Constructions Limited Cecon Builders Vamsiram Builders Sri Krishna Builders Gowra Ventures Bollineni Developers Limited Gowra Hallmark Townships Pvt Ltd Lanco Hills Technology Park Lanco Hills Technology Park A.V. Constructions India Pvt Ltd Madhu Infrastructure Aparna Constructions Aparna Constructions Vavasi Group Janapriya Engineers Syndicate Fortune Group Shanta Sriram Constructions Ramky Group Aparna Constructions Aparna Infrahousing
RESIDENTIAL apartments Property Type:
2 & 3 BHK Apartments 2 & 3 BHK Apartments 2 & 3 BHK Apartments 2 & 3 BHK Hirise Gated Community 1, 2 and 3 BHK Apartments GHMC Approved 2 & 3 BHK Apartments HUDA Approved 3 BHK Apartment 1, 2, 3 and 4 BHK Apartments 2 & 3 BHK Independent Flats 3 BHK Apartments 2&3 BHK Apartments 2BHK Independent Apts Residential Apartments Residential Apartments Luxury Apartments Condominiums Gated Community Apartments 2 & 3 BHK Apartments 2 & 3 BHK Apartments 2 & 3 BHK Independent Flats Residential Apartments 2 & 3 BHK Apartments 2 & 3 BHK Independent Flats 2 & 3 BHK Luxury Apartments 2 & 3 BHK Apartments 2 & 3 BHK Apartments 3 & 4 BHK Apartments
Size Range:
1200 sft to 1900 sft 925 sft - 1460 sft 2000 sft 1133 sft - 2011 sft 490 sft - 1645 sft 1140 sft - 1470 sft 1800 sft 975 Sft - 4000 Sft 1000 sft 1550 sft 3200 sft 960 sft - 1350 sft 970 sft - 2520 sft 2800 sft - 4700 sft 1200 sft to 2200 sft 1900 Sft - 4477 sq ft 1195 Sft - 1580 sq ft 1100 sft to 1790 sft 1200 Sft - 2766 sft 1295 sft - 2335 sft 1150 sft - 1670 sft 1200 Sft to 2000 Sft 850 sft - 1250 sft 900 sft - 1500 sft 1183 sft to 1815 sft 1030 sft - 1635 sft 1245 sft - 1855 sft 3 & 4 BHK 3745 sft
Contact No:
Location:
Reshma Banu - 9246227833 23222999 Vamsi 9581412794 Sreevikas, 8886922233 8978999449 / 9963222278 Ravi - 9396844261 Ravi - 9396844261 Aditya Mitta - 9248003369
Kondapur, Opp. RTO Office Kowkur, Near Alwal
30681972 9849558979 / 9642323313 Srichand Hinduja - 9292108365 Sheelan - 42005189 8008004755 Chakravarthy - 9959090390 9849056529, 8096699979 Amit : 080084 94973 Amit : 080084 94973 9885809367 9866665544 Narender - 9948837100 9010251099 040-23352708 Vijay Kumar Y - 9866487555 23222999 7702333563 / 7702301233 9951355885 / 04065656500 Srinivas Reddy 8008102575 9010716060 9010484597
Lingampally Lutus Pond, Banjara Hills M J Colony (A.S.Rao Nagar)
KPHB Kukatpally Kukatpally Kukatpally, Nizampet Road Kukatpally, Nizampet Road L B Nagar, Hyderabad
Madhapur Madhapur, Hyderabad Manikonda Manikonda, Near Gachibowli Manikonda, Near Gachibowli Medipally Mehdipatnam, Near Langar House Miyapur, Chandanagar Miyapur, Chandanagar Moti Nagar, Hyderabad Motinagar, Near Ameerpet Moulali Musheerabad, Near Raja Deluxe Nallagandla Nallagandla, Gachibowli Nallagandla, Gachibowli
December 2013 - January 2014
57
Property Listing
RESIDENTIAL : apartments S.No. Company:
102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128
58
Theme Ambience Constructions Phoenix Living Spaces Choice India Infra Projects Vamsiram Builders Ventura Housing NCC Urban Infrastructure Ramky Estates & Farms Ltd Muppa Homes Shanta Sriram Constructions Shanta Sriram Constructions Modi Builders & Realtors Pvt Ltd Sai Sai Ram Projects Limited Sirisampada Constructions Sirisha Constructions Alekhya Design Homes Alekhya Design Homes Alekhya Design Homes Hardhik Constructions Sai Shakti Projects Janapriya Engineers Syndicate Saket Engineers Pvt. Ltd. Aditya Housing & Infrastructure Alekhya Design Homes Vasavi Group Aditya Construction Company Vishal Projects Ltd Vasavi Group
Project Name:
Golf View Golf Edge N 95 Jyothi Maddula Venkatadri Heights NCC Urban One Ramky One Wave Muppa’s Aishwarya Padmanabha Residency Harmony Heights Emerald Heights Sri Sai Ram Green Meadows Samvruddi Sirisampada Lotus Bliss Jasmine Marigold Bird of Paradise ANMOL Bhaskara Signature Janapriya Lake Front Saket Callipolis Empress Towers Wind chimes Vasavi’s Bhuvana Aditya Silicon Heights Srinivasa Krupa Vasavi’s Shantiniketan
Property Type:
2 & 3 BHK Independent Flats 2 & 3 BHK Apartments 4 BHK Apartments 4 BHK Apartments 2 & 3 BHK Independent Flats 3 & 4 BHK Apartments 2 & 3 BHK Apartments Apartments 2 & 3 BHK Luxury Apartments 2 & 3 BHK Gated Community Luxury Apartments 2 & 3 BHK Independent Flats Residential Apartments 3 BHK Apartments 2 & 3 BHK Apartments 3 BHK Apartments 3 BHK Independent Flats Residential Apartments Residential Apartments 2 & 3 BHK Apartments Residential & Commercial Apts Residential Apartments 2 & 3 BHK Apartments Residential Apartments Residential Apartments Residential Apartments Residential Apartments
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 e
real estate Size Range:
1130 sft - 2050 sft 1034 sft - 2018 sft 3800 sft 5000 sft 990 sft - 1614 sft 1535 sft to 3380 sft 1261 sft to 1800 sft 1120 sft - 1400 sft 1221 sft to 1854 sft 940 sft to 1454 sft 947 sft - 1895 sft 1236 sft - 1918 sft 1600 sft - 1625 sft 2050 sft to 2100 sft 1140 sft - 1695 sft 2934 sft 1683 sft - 1685 sft 1550 sft 2532 sft 810 sft - 1200 sft 1302 Sft - 2005 Sft 1575 sft - 2385 sft 2500 sft 2200 Sft to 3500 Sft 1325 sft - 1700 sft 1835 sft - 2738 sft 1200 Sft to 3000 Sft
Contact No:
Location:
9348521652, 9160098888 / 9160001559 V.Srinivas 9441115599 9849558979 / 9642323313 9573563357 / 9573567357 Venkat Ramana 9885178890 Ghouse 8978989820 9885512222 9951355885 / 04065656500 9951355885 / 04065656500 9700085888 / 040-66336633 9346046071 / 9346046072 Nagewar Reddy - 7702979752 Satish Dayal - 9666859159 9553074447 / 9000729977 9553074447 / 9000729977 9553074447 / 9000729977 D Venu, 9704966834 Arvind 7799958259
Nanakramguda Nanakramguda, Gachibowli
23222999 Prabeer - 9848877111 Ramakrishna - 9912225072 9553074447 / 9000729977 Vijay Kumar Y - 9866487555 Ramakrishna - 9912225072 Karunakar - 9666669835 Vijay Kumar Y - 9866487555
Sainikpuri Sarjapur Road, Bangalore Shaikpet, Jubilee Hills Shilpa Hills, Hitec City
Nandagiri Hills Nandagiri Hills, Jubilee Hills Narapally Narsingi Narsingi Narsingi Groth Corridor Padmarao Nagar, Secunderabad Padmarao Nagar, Secunderabad Pocharam Pragathi Nagar, KPHB Raghavendra Colony, Kondapur Ravindra Society, Jubilee Hills Rd #36 Ravindra Society, Kavuri Hills Ravindra Society, Kavuri Hills Ravindra Society, Kavuri Hills Ravindra society, Madhapur S R Nagar
Sri Nagar Colony Tellapur Gachibowli Trimulgherry R.T.C.Colony. White Fields, Kondapur
Property Listing
on offer
S.No. Company:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
Sunway Opus Grand S V Builders Namaha Estates Keerthi Estates P L SRK Green Avenues Pvt Ltd Sri Rama Developers Praneeth Developers Safeway Infra Bommarillu Farma & Villas India Ltd Aditya Housing & Infrastructure Praneeth Developers Modi Builders & Realtors Pvt Ltd Vasudeva Realtors Pvt Ltd Vasudeva Realtors Pvt Ltd Pooja Ventures Rajapushpa Properties Pvt. Ltd. Suchir India Developers (P) Ltd Modi Builders & Realtors Pvt Ltd Aparna Shelters Modi Builders & Realtors Pvt Ltd Ramky Viha Properties Pvt Ltd. Pooja Ventures Poulomi Estates Pvt Ltd
Project Name:
Neville S V Avenues Namaha Lakewood Keerthi Richmond Villas SRK Green Park Sri Ram’s Ayodhya Praneeth’s Pranav County Symphony Park Homes Bommarillu Golden City Aditya Ville Grande Praneeth Pranav Meadows Greenwoods Bloomfield Elation Villas Bloomfield Ecstasy first leaf Cannon Dale Suchir’s Koral Reet Sunshine Park Aparna Kanopy Lotus Sterling Homes Ramky Tranquillas Wonderful World Poulomi Aristos
RESIDENTIAL : Villas
Property Type:
1, 2 & 3 BHK Premium Flexi Villas Independent House Independent Villas 4BHK Triplex Villas 3 & 4 BHK Independent Villas Independent House Independent Villas Independent Villas Independent Villas Residential Villas Independent Villas Independent Villas 5 BHK Independent Villas 4 BHK Independent Villas 4 BHK Independent Villas Residential villas 2 & 3 BHK Independent Villas Independent Villas 91 - East & West facing Villas Independent Villas Independent Villas 3 & 4 BHK Independent Villas Premium Independent Villas
Size Range:
1101 sft 1579 sft 150 Sq Yds 1200 sft 375 Sq Yds - 4300 sft 3400 Sft - 4037 Sft 167 Sq Yds - 350 Sq Yds 133 Sq Yds – 240 Sq Yds 120 Sq Yds - 300 Sq Yds 150 Sq Yds - 400 Sq yds 200 Sq Yds - 717 Sq Yds 4970 sft - 350 Sq Yds 150 Sq Yds - 200 Sq Yds 1490 sft - 1494 sft 241 Sq Yds 350 Sq Yds 240 Sq Yds - 350 Sq Yds 4541 sft - 4685 sft 4200 Sft - 4450 Sft 110 Sq Yds - 240 Sq Yds 1485 sft - 1494 sft 160 sq yds - 330 sq yds 2593 sft - 3131 sft 320 Sq Yds - 391 Sq Yds 259 Sq Yds - 302 Sq Yds 380 Sq Yds and above
Contact No:
Location:
040-23038888 Rangaraju - 8374499444 MINOO – 98483 02929 Meena Reddy - 9966603939
Ameenpur Village Ameenpur, Chandanagar
8008577707 / 08 D. Ram Mohan 9985648555 Murari Bhagat - 9959615853 9849844488 / 7799766662 Ria - 9666201016 / 32556399 Ramakrishna - 9912225072 Varma 9959615833 9700085888 / 040-66336633
Bachupally ‘X’ Roads
9393696959 9393696959 Sudhamsh Reddy - 9703752225 Sathish Varma - 9666988688 66685000 / 6000 9700085888 / 040-66336633 9505201115 9700085888 / 040-66336633 Prashanth – 9177496767 9010770000 / 66770000 Prashanth Rao 9849044140
APPA Junction APPA Junction, Near Glendale Academy
Bahadurpally Beeramguda Near BHEL BHEL Bhongiri Bowenpally, Near Suchitra Junction Bowrampet Dundigal Gachibowli Gachibowli Gopanpally Gachibowli Gopanpally Gachibowli, Kokapet Genome Valley, Shameerpet Ghatkesar Gudlapochampally, Kompally Gundlapochampally, Kompally Kismathpur Kismatpur, Near APPA Junction Kokapet
December 2013 - January 2014
59
Property Listing
real estate
RESIDENTIAL : Villas S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
Location:
24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
Rajapushpa’s Open Skies Rajapushpa’s Cannon Dale Saket Bhusattva Vaddepally Enclave Ramky Pearl Vertex Lake View Bollineni Homes Vishal Sanjivini Palm Breeze Hanging Gardens Jayadarsini Township Namaha Rhythm JIVIKA at Rajeshwara Aparna Hill Park Gardenia Brentwood Hills Orion Villas Harmony Homes Beverly Slopes My City Suchir’s Timberleaf Icon’s Isle Vision Infiniti Homes Tudor Ken Mayfair Villas Infiniti Homes Vision’s Urjith Lake View Info Tech City Ramky Enclave
Luxury Duplex and Triplex Villas Luxury Triplex Villas Premium Villas Independent Triplex Villas Independent Villas HUDA Approved 4 BHK Triplex Villas Residential Apartments Villas Independent Villas Villas Duplex Villas Independent Villas Villas in Gated Community 116 - 3 BHK Luxury Villas Open plots / villa/resort 4 BHK Independent Villas Independent Villas 3 BHK Independent Villas Villas 4 BHK Independent Villas 3 & 4 BHK Independent Villas 3 & 4 BHK Independent Villas 4 BHK Luxury Villas High-End Premium Luxury Villas Independent Villas Independent Villas 3 BHK Independent Villa Independent Villas Independent Villas
450 Sq Yds - 600 Sq Yds 322 Sq Yds, 4200 sft 200 Sq Yds - 400 Sq Yds 200 Sq Yds 206 Sq Yds - 380 Sq Yds 240 sq yds 2800 sft - 4700 sft 2000 sft - 4000 sft 404 Sq Yds; 4600 sft 5800 sq ft - 5850 sq ft 300 Sq Yds- 2000 Sq Yds 167 Sq yds - 267 Sq Yds 300 Sq. Yards; 3300 sft 3409 sft - 3475 sft 4000 sft - 5200 sft 1490 sft - 1494 sft 1425 sft - 1531 sft 200 Sq Yds - 300 Sq Yds 3526 sft - 3610 sft 2835 sft - 3634 sft 460 Sq Yds - 1100 Sq Yds 289 Sq Yds 311 Sq yds 310 Sq Yds - 475 Sq Yds 3800 sft 4500 sft 268 Sq Yds 400 Sq Yds 2652 sft 2665 sft 267 Sq Yds - 600 Sq Yds 167 Sq Yds - 958 Sq Yds
Mr.Sathish Varma- 96669 88688 Mr.Sathish Varma- 96669 88688 Mr. Uttam Thakur - 9849857633 8978999449 / 9963222278 Venugopal 9701001276 Ravi - 9396844261 Chakravarthy - 9959090390 K Karunakar - 9666669835 9849056529, 8096699979 Amit : 080084 94973 Vinod K Uniyal 9849222922 MINOO – 98483 02930 Avinath P - 9849794002 9912111592 Hameed 8686866891 Rakesh Talwar 9581412763 9700085888 / 040-66336633 9849044396 / 9000001169 9849044396 / 9000001169 66135000 / 6000 / 7000 9849044396 / 9000001169 9989999853 / 9989999856
Kokapet at Gachibowli Kokapet at Gachibowli Kompally, Gowdevally
7702777549 Satish Paruchuri - 9550677444
Tellapur Tellapur Gachibowli
66785856 / 57
Tellapur Village
9989999853 56
Tellapur Village
9348521652 G. Phani Raj 9052228302 Kiran Kumar.K 8897445679
Tolichowki
60
Rajapushpa Properties Pvt Ltd Rajapushpa Properties Pvt Ltd Saket Engineers Pvt. Ltd. Sumashaila Developers Ramky Estates & Farms Ltd Vertex Homes Bollineni Developers Limited Vishal Projects Limited Gowra Hallmark Townships Pvt Ltd Lanco Hills Technology Park Jayadarsini Housing Pvt Ltd Namaha Estates Aditya Constructions Aparna Constructions Century 21 NSL Divyasree Infra Pvt Ltd Modi Builders & Realtors Pvt Ltd Green Home Green Home Suchir india Green Home Vision Avenues Pvt Ltd Tudor Infrastructure Pranit Projects P Ltd Vision Avenue Pvt Ltd Vision Avenue Pvt Ltd Theme Ambience Constructions Headway Properties Ramky Enclave Ltd.
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 e
Kukatpally Kukatpally Kukatpally, Nizampet Road Madhapur, Hyderabad Maheshwaram, Behind Fabcity Manikonda Manikonda, Near Gachibowli Medchal Miyapur Miyapur, Bachupally Road Miyapur, Chandanagar Moinabad Raidurg Shamirpet Shamshabad Shamshabad Shamshabad Shamshabad Airport Road Tellapur
Tummalluru Warangal
Property Listing
on offer
S.No. Company:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
Lahari Green Park BTS Estates Pvt Ltd Vasundhara Projects Pvt Ltd Oorjita Projects Aparna Shelters Pvt Ltd Primus Developers Subha Gruha Projects Godaavari Townships (P) Ltd Venkusa Estates West Mount Projects Headway Properties Jayadarsini Housing Pvt Ltd Century 21 Green Home AVC Group Pragati Green Meadows & Resorts Pragati Green Meadows & Resorts Century21 Aliens Group Green Home Green Home MVR Harivillu Lahari Green Park Pudota Estates India Pvt Ltd Subha Gruha Projects Green Home Subhagruha Projects
Project Name:
LAHARI GREEN PARK Green Meadows Lorvens Gold Leaf - Aparna Kanopy Jasmine Primus Epsilon Sukrithi Royal Sai Suvarna Venkusa Estates Housing Projects Red Clay Court II Metro Homes Jayadarsini Township Brentwood Hills Green Acres AVC Township Pragati Green Islands_Phase 2 Pragati Green Islands_Phase 1 The New Basheerbagh Aliens HUB Rainbow Drive Bloomington Peacock Paradise LAHARI Infra Limited Aishwarya Residency Maple Meadows Eldorado Sukruthi Royal
RESIDENTIAL : Plots
Property Type:
Size Range:
Contact No:
Location:
HMDA Regularized, Independent plots VUDA Approved Residential Plots Plots Plots 133 - Residential Plots Plots HMDA Approved Residential Layout Plots Open Plots HMDA Approved Residential Layout Plots Plots Open plots / villa/resort Plots Residential Plots Freehold Property, Open Plots Plots Open plots Residential Plots Plots Plots Farm Land with Club House HMDA approved independent, Plots Plots VUDA Approved Residential Layout Plots Residential Plots
600 sq yds onwards 167 Sq Yds - 333 Sq Yds 76 acres 350 Sq Yds - 505 Sq yds 267 sq yds - 467 sq yds 267 Sq Yds - 433 Sq Yds 267 Sq Yrds 45 Acres 200 Sq Yds - 267 Sq Yds 267 Sq Yrds 26 acres 300 Sq Yds- 2000 Sq Yds 1000 Sq Yards 200 Sq Yds - 500 Sq Yds 267 Sq Yds - 534 Sq Yds 267 Sq Yds - 1000 Sq Yds 300 Sq Yds2000 Sq Yds L.P. No. 01/ Lay out/HADA/06 500 Sq Yds - 1000 Sq Yds 1056 Sq Yds - 2000 Sq Yds 250 sq yds - 400 sq yds 200 Sq Yds 267 Sq Yrds 200 Sq Yds - 534 Sq Yds
Srinivas
Bhanoor
S R Niranjan - 9849999036 Vamsi - 9959934488 Nitin - 9849098028 9948663170 9989420202 SSRK Prasad 9000381234 G Chakradhar - 9866319567 Sunder B - 9848043236 Dr. T S Rao - 9848017162 23555441 Vinod K Uniyal 9849222922 Hameed 8686866891 9849044396, 9000001169 9391078186 P V Vijay Kumar - 9848799189 J Mahesh - 9912854477 Sayed Hameed - 8686866891
Bhimili, Vizag Dasarapalli Gandipet, Manchirevula Gudlapochampally, Kompally Gundlapochampally, Kompally Kandukur Katakapalli near Kothavalasa Kowkur ‘X’ Roads, Alwal Maheswaram Mandal Medchal Medchal Moinabad Moinabad Nagarjuna Sagar Highway Road Proddutur (V), Shankarpally (M) Proddutur (V), Shankarpally (M) Shadnagar
9966234234 Shamshabad P.V.Ratnam - Shamshabad 8977812565 Airport Road 9849044396, Shamshabad 9000001169 Airport Road Satyanarayana 8008500527 Shankarapally Srinivas 7799777755 Shankarpally Jaya Prasad Raja 9949036460 Shankerpally SSRK Prasad Ph No.9000381234 Srikakulam Highway 9849044396, Srisailam 9000001169 Highway Road Ramana - Srisailam 9177966407 Highway Road December 2013 - January 2014
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Property Listing
real estate on offer
Commercial
S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Imperial Towers Shanta Sriram The Platina Ramky Towers Grandiose SS Techpark Fortune Monarch Gateway Jubilee Silver Square Neeru’s Emporio Jyothi Tycoon Centrum Krishe Sapphire Ramky Selenium Choice Center Oasis Center Mall Amity Ville Arena
Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Office space for lease Premium Office Building Commercial Commercial Commercial Commercial IT Sez Office Space for lease
Customised 2030 sft 1 million sft 2 Lakhs sft 1320 sft - 4800 sft 200000 sft 30000 sft 1390 sft - 4300 sft 5300 sft 27000 sft 10000 sft - 66000 sft 8000 sft - 24000 sft 4.5 Lakh Sft 40000 sft 7500 sft - 12500 sft 1175 sft - 6990 sft 15000 sft - 63000 sft
Vijay Kumar Y 9866487555 9951355885 / 04065656500 42005189 / 90 Venugopal Reddy - 8008012889 9951355885 / 04065656500 7702333563 9849558979 / 9642323313 9951355885 / 04065656500 9951355885 / 04065656500 9849558979 / 9642323313 Lalit 9581412782 9985228889 Venugopal Reddy - 8008012889 V.Srinivas 9441115599 9951355885 / 04065656500 9951355885 / 04065656500 Satyajit 9581412793
Vasavi Group Shanta Sriram Constructions Gowra Ventures Ramky Estates & Farms Ltd Shanta Sriram Constructions Fortune Group Vamsiram Builders Shanta Sriram Constructions Shanta Sriram Constructions Vamsiram Builders Serene Estates PBSAMP Projects Pvt. Ltd Ramky Estates & Farms Ltd Choice India Infra Projects Shanta Sriram Constructions Shanta Sriram Constructions Serene Estates
Location:
Ameerpet Banjara Hills, Road No.4 Gachibowli Gachibowli Gachibowli, Near DLF Cybercity Jubilee Hills, Road No. 36 Jubilee Hills, Road No.36 Jubilee Hills, Road No.36 Jubilee Hills, Road No.36 Kavuri Hills, Opp. Chocolate Room KPHB Madhapur Main Road Nanakramguda, Financial district S D Road Somajiguda Begumpet Main Rd Tarnaka, Opp. Innova Children Hospital Uppal
Suppliers 1 Esskay Elevators and Engg Co. 2 Prithvi Wood Doors
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Design, Supply, Erection and Maintenance of Passenger, Kalyan Raju - Goods & Bed Lifts. Authorized Distributors for GMV, 9885320111/ Italy Hydraulic Lifts 7799930111 Door & Window Frames (Teak and Non Teak), Carved Doors, Sai Naresh - Window Shutters, Block Boards,Water Proof Flush Doors, 9000994554, Laminated & Veneered Flush Doors, Glass Reinforced Santosh - Plastic (GRP) Frames & and On site Interior Works 9949094690
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 e
Kamalapuri Colony New Bowenpally, Secunderabad
RNI. No. APENG/2012/44473