Horizons Volume 2
ANDHRA PRADESH REAL ESTATE DEVELOPERS’ ASSOCIATION www.apreda.org
Issue 13
` 50
October-November 2013
AP’s most credible real estate magazine
Is
Hyderabad
realty coming out of log jam? Special Report
A Step towards empowering the underprivileged Page 38
Feature
APREDA’s fourth Property Show Page 42
Numerology
Effects of Shani Sade Sati Page 33
c o n t e n t s Volume 2
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Issue 13
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October - November 2013
Cover Story
Is Hyderabad realty
coming out of log jam?
Feature
Page 24
APREDA’s fourth Property Show Page 42 Naredco News
Members visit Dubai Page 46
Project Watch
A Step towards empowering the underprivileged Page 38 Numerology
Effects of Shani Sade Sati Page 33 6
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
Special Report
Value for money Page 57 Holistic healing Page 59 09 News watch 28 Industry Reactions 48 Happenings 50 APREDA Diary 52 Pulse 54 Auspicious Days 54 Humour Corner 56 Market Monitor 56 GO Watch 66 Real Estate Listings
Horizons
Editor’s Note
www.apreda.org
Double bonanza in the offing The fourth APREDA Property Show, the biggest real estate extravaganza of the year kicks off at HITEX, Madhapur in Hyderabad from 25th to 27thOctober, 2013. Overwhelmed by the immense response from the last three shows this year it is a three day event. It has been a great platform to bring together the real estate developers and prospective buyers from across the state. Just like the three previous shows this year too it is expected to be a triumphant run with even higher turnout of crowd. The Property Show presents a dual bonanza for you. On one hand it gets you some intellectual enlightenment through the day- long conference on the opening day of the show. ‘Staying Ahead in Real Estate- Innovative Construction and Taxation’, the topic for the conference gives deep insights on 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 are going to deliberate on aluminum form work, precast concrete machinery and equipment technology, Service Tax and Value Added Taxes (VAT) in real estate industry. While on the other it unfolds opportunities for investing in Hyderabad to many corporate houses and individual buyers. The show is all set to present more than 400 projects of almost 150 developers. The visitors can look forward to know about latest properties, attractive schemes and a wide range of projects at interesting locations, keeping this festive season in mind. A host of banks, financial institutions and product suppliers offering products and international standard quality services to prospective buyers through the 188 stalls at the show are the other added attractions. APREDA property show has become an annual event inscribed on the city’s calendar. All in all the judicious mix of participants present a promising opportunity to all those on the lookout for their own ‘Home- Sweet Home’. The reason for this mega-event expected to be a big success is the exemplary teamwork and unending hours of toil, members of APREDA have put in the months gone by. Given the present realty market scenario of Hyderabad after the announcement of bifurcation of the state, addressing the concerns of the readers the cover story in this special edition of ‘Horizons’ analyses the current market situation and the prospects ahead for brand Hyderabad. We also bring you an overview of the recently enacted land acquisition Act, highlights of the APREDA property Show, an interesting piece on the effects of planet Saturn on our lives during Shani Sade Sati and remedies to overcome it, besides our regular features. 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 Dipawali!
Jydip Mukherji Executive Editor
Volume 2 Issue 13 October-November 2013 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 : Sshupriti T rivita Roy Niddi Mishrra
Production Team Designed By : Akshaya Design Studio Associate Designer: B Leela Krishna
Advertising & Sales Manager : Sudheer Singh Thakur
Circulation & Distribution Shams News Agencies.
Printed & Published by 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
Hall of Fame
Realtor with
a Rvision
aidu Chalapathi real estate mission to Dubai led by Rao, Executive central housing minister Dr Girija Vyas. Vice President, Chalapathi has drafted the detailed AP Real Estate business plan and business policy D e v e l o p e r ’ s of NAREDCO for the period 2013Association and 2015.Spelling out his agenda he said, Chief Convener- “NAREDCO will follow a four pronged Andhra Pradesh policy. Apart from creating a conducive region, National Real climate through introduction of market Estate Development friendly real estate policies we have to Council (NAREDCO) work towards rationalisation of taxes; During College has been elected elimination of multiple collection of Days as Vice President, stamp duty on the same land NAREDCO, recently. Sixty again and again, Reading, surfyears ago when he was born in introduction of Umamaheshwaram village of ing and lateral single window West Godavari district, none thinking are his clearance for could have ever imagined the favourite leisure time bound illustrious path that he would building/ activities. tread. Hailing from a farmer’s l a y o u t family, Chalapathi Rao had a humble permissions and bring upbringing, but grew up to be the first in new technologies graduate from his village when he passed for timely and cost out BSC and later MBA from Andhra effective completion University. Besides captaining the Andhra of projects all aimed university basket ball team, he also holds to make housing NCC ‘C’ certificate accomplished during affordable to the those days, when it was a rare distinction. people.” Since 2010 His eye for detailing, hunger for “APREDA Horizons’knowledge, quest for stepping into the twilight zone has seen him go AP’s credible real estate places. Started as a marketing officer magazine editorial team in a textile company, he soon became has been going strength the director and chief consultant at to strength under his aegis National Productivity Council. Having as the editorial advisor. presented several research papers at Since 2007 as a member of prestigious forums, he has headed governing council and later various management consultancy 2009 onwards as vice president projects. Chalapathi has attended many of APREDA he has been actively international training programmes to involved in mediating with the upgrade his skills and proved his mettle authorities on policy formulation and as a trainer for different levels of human in drafting of representations on resource on management and technical key real estate issues presented subjects. Since 1996 he has been into to government. Reading, real estate and heads the Srisampada surfing and lateral thinking are his favourite leisure group of companies activities. Members of On being appointed as the governing APREDA and ‘Horizons’ council member and elected as the vice editorial team convey president NAREDCO, besides heading their heartfelt greetings southern region he will also dwell into on this occasion policy and taxation issue related to Real and celebrate his Estate.. He was a part of the recent success.
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HORIZO ONNSS 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
R Chalapathi Rao, Executive Vice President, APREDA gets elected as Vice President, NAREDCO.
News Watch
National Lower priced houses promise a big opportunity
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ow-income urban families need 15 million homes in a price range of Rs 4-10 lakh, presenting an untapped opportunity of a whopping Rs 9 lakh crore for real estate developers and Rs 7 lakh crore for housing finance companies, according to a report by Deloitte India. At least 30,500 housing units were launched below Rs 10 lakh by private developers across 22 cities between June 2011 and January 2013. There is an increased interest in supplying housing and housing finance to lowincome customers but the gap between supply and need is huge, according to the report ‘State of the Low-Income Housing Market’ launched by Housing and Urban Poverty Alleviation ministry. “There is a large proportion of low-
income urban families, with a monthly household income of Rs 10,00025,000, who can afford privately built formal housing costing Rs 4-10 lakh without any aid from the government. The
housing finance, which was almost nonexistent for these low-income customers 5 years ago, is now accessible with over 10 housing finance firms lending to low income customers.
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IRDA allows higher investment in housing finance companies
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o facilitate flow of funds to housing finance sector; the Insurance Regulatory and Development Authority (IRDA) has enhanced exposure limits of insurance companies to housing finance companies. Insurance companies’ single company exposure limit including debt and equity has been raised to 20 per cent from existing 10 per cent. It can be
further raised by another 5 per cent after the approval of the board of directors. “Single investee debt exposure limits in housing finance companies are enhanced to 20 per cent of equity plus free reservesexcluding revaluation reserve plus debentures/bonds taken together,” IRDA said. The regulator said that the group and promoter group exposure norms will
continue to apply on the investments made in housing finance companies. Investment into a single group companies is capped at 15 per cent of the insurer’s fund size. It was a long pending request from the industry. Also, investments in housing finance companies and infra finance companies will be brought under exposure to housing sector and infra sector.
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Amendments to Registration Act to help land owners
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bill to amend the century old Registration Act, was introduced in the Rajya Sabha. It will help in implementation of the Land Acquisition legislation and allow land owners to get market value for their land. Certain proposed amendments in the Registration (Amendment) Bill, 2013, are being brought to ensure greater accuracy in calculating land values thereby benefiting land owners. If the amendments brought to the Registration Act, 1908 are cleared by Parliament, it would necessitate “update and record” of the market value
of the land in the changed scenario, officials of the rural development ministry said. Thus the farmers, whose land is acquired for various projects, would get “real market value” under the Right to Fair Compensation and Transparency in Land Acquisition, Resettlement and
Rehabilitation Act 2013, officials said. However to calculate this amount, the formula relies on the registered value which are, at present, notoriously opaque and often outdated. If registration is made mandatory (and hence frequent) and if it can be vetted/reviewed by members of the general public. Then with the passage of time accuracy in the reporting of land rates will emerge particularly in rural areas. The new amendments to the Registration Act will ensure greater accuracy in helping identify/determine beneficiaries (through clear titles).
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October-November 2013
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News Watch
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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
profaceadvertising.com
News Watch
National Changed FDI norms to attract mid-level developers
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he government has proposed easier guidelines for allowing 100% foreign direct investment (FDI) in real estate, hoping to attract mid-level overseas developers to invest in the country. The housing and urban poverty alleviation ministry has sent revised policy guidelines for FDI in the real estate sector to the department of industrial policy and promotion. The ministry has proposed reducing the minimum carpet area to be built in FDI-linked real estate projects to 20,000 square meters from its earlier requirement of 50,000 sq. m. As EIA (environment impact assessment) clearance is not required for a builtup area of 20,000 sq. m. Also, such projects will not merly be restricted to
metro cities and all class 1 cities having a population of more than 100,000 will be included. The ministry found that the criteria of 50,000 sq.m. was restrictive for developers, and the high cost and scarcity of land in cities also prompted it to lower the requirement. The reduction in built-up area and size of projects will allow mid-sized and smaller developers with good track record better access
to FDI. According to the ministry the requirement of a minimum land area of 10 hectares for serviced housing plots should not be reduced. “If we allow smaller plots then it will promote construction for the rich, but we are bothered about affordable housing,” the official said. The ministry has said the changes will encourage developers to come up with low-cost housing projects. The ministry has also proposed lowering the minimum capitalization for wholly owned subsidiaries from $10 million (Rs.60 crore) to $5 million. For foreign developers entering into real estate joint ventures with Indian partners, this has been proposed to be lowered to $2.5 million from $5 million.
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Housing key to economic growth: Girija Vyas
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inister for Housing and Urban Poverty Alleviation Dr. Girija Vyas has called upon the realty sector to come forward and participate through capital and technology for upgradation and creation of affordable housing stock and help the government
build an inclusive India. Talking at the conference organized by CII she, exhorted the realty sector to come forward to supplement the government’s efforts. “In a country like India, where housing represents a key component of economic growth, contributing 5
percent to the GDP and there still being a shortfall of 18.7 million units, improvised building technologies are required to promote mass housing and economies of scale. It could go a long way in addressing the housing shortfall,” Dr. Vyas said.
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Govt to promote ‘public-private partnership’
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he government plans to give a fresh impetus to public-private partnership by overhauling the framework for such projects on the basis of a study being undertaken by the Planning Commission. The move comes after a few big PPP projects in infrastructure sector fell apart while those in the power sector have been struggling to sail through. “We are doing some analysis internally as to what are the kinds of problem that PPPs face. To illustrate these problems, which the government is worried about, we are doing a detailed study of four PPP projects and will come out with a paper to make the entire PPP more attractive,” Montek Singh Ahluwalia, deputy chairman of the
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Planning Commission said. Ahluwalia, however, refused to name the projects
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
identified by the panel. This year, GMR and GVK walked out of mega-highway projects worth 10,700 crore envisaged with the National Highways Authority of India while Reliance Infrastructure recently pulled out of the 5,800 crore Airport Express Line of the Delhi Metro. Though the private sector’s participation in infrastructure PPP projects has grown substantially from 10% in the 10th FiveYear Plan to 37% during the 11th plan, the government feels it will be difficult to attract the estimated 50% of the $1 trillion investment in infrastructure in the country during the 12th plan period from private players unless the contractual issues are resolved.
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News Watch
National Exit route likely for FDI in unviable realty projects
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eal Estate companies will be allowed to sell undeveloped plots through the automatic route, subject to clearance by the Foreign Investment Promotion Board, in cases where development cannot happen because of land or legal disputes or other economic, social and political reasons. Currently, FDI regulations do not permit an investor or investee company to sell undeveloped plots. If approved, this will enable companies to exit unviable projects. However, the ministry has proposed that company needs to submit an auditor certificate, saying
the transaction (land disposal) has been undertake on a no-profit basis under such exceptional circumstances. Under the new
proposal, the Indian company, or the recipient of FDI, will be responsible for obtaining all necessary approvals, including building/layout plans, developing internal and peripheral areas and other infrastructure facilities and complying with all other requirements as prescribed by regulations of the state government and the municipal or local body concerned. According to the MoUD, this will have a positive impact on the joint ventures to be set up by foreign investors and provide greater clarity to the foreign investor community.
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SEBI revives plans for Real Estate Investment Trusts
S
eeking to attract real estate investors to the capital market, Securities and Exchange Board of India (SEBI) has revived an over fiveyear old proposal to allow listing and trading of REITs (Real Estate Investment Trusts) as an investment product. The move is aimed at allowing investors to buy and sell units of REITs and providing them an investment vehicle for the real estate sector, similar to mutual fund and Exchange Traded Fund structures for stocks, bonds and other securities, a senior official said. However, initially it is considering to restrict the investments in REITs to only foreign funds, domestic institutional investors and HNIs given the higher level of risks associated with the real estate sector, a SEBI official said,
adding that small retail investors could be allowed at a later stage. The move is likely to help channelise investor interest towards REITs, while leaving the physical real estate market (comprising of housing units and office spaces) for the end users thus helping the market reach a pricing level based on real demand and supply metrics. As per the proposal being considered, REITs can issue units of their investment schemes through a public offer and list them thereafter on a stock exchange in a way similar to the issuance and listing of shares during an IPO. Thereafter, the units can be traded on the stock exchange platform just like shares. The money collected by the REIT through the public offer can be used for development of real estate projects as
per its stated objective disclosed in the offer document.
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SEBI allows 73 AIFs to operate in India
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arket regulator SEBI has allowed 73 entities to set up Alternative Investment Funds (AIFs) -- a newly created class of pooled-in investment vehicles for real estate, private equity and hedge funds -- in the past one year. The 73 AIFs have been registered with the SEBI since July 2012. SEBI had allowed 49 AIFs to set up shop in the
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country till April, and the number has increased to 73 now. The AIFs that have registered include KKR India, Arth Capital, Landmark Opportunity Fund, HBS Raksha Movies, Tata Alternative Investment Fund, Monsoon Alternative Investment Trust, DSP Blackrock Alternative Investment Fund and Edelweiss Alternative Investment Trust. The regulator had notified the guidelines for
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
this new class of market intermediaries in May 2012. AIFs are basically funds established or incorporated in India for the purpose of pooling in capital from Indian and foreign investors for investing as per a pre-decided policy. The SEBI rules apply to all AIFs, including those operating as private equity funds, real estate funds and hedge funds, among others.
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News Watch
National Government to scrap slow-moving highway projects
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o revive India’s stuttering highway building efforts, the government may scrap several existing contracts that are making little progress on the ground. The road transport and highway ministry has asked the National Highways Authority of India to review all languishing projects and identify those that can be terminated on contractual grounds, so that they can be bid for all over again. The move comes in light of the fact that several projects awarded in recent years are either stranded midway or have been complete non-starters. The road ministry also wants the same clarity for those stalled projects that could benefit from deferral of premium payments. It will recirculate a Cabinet note on its proposal to allow financially stressed developers to defer payments of premium projects that they had committed to pay to win
the highway projects. An additional option of cancelling the projects and
re-bidding them would now be included in the note.
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Companies Bill 2013 receives President’s assent
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he new Companies Bill has received President’s assent that will make it into a law replacing the nearly six-decade old regulations that govern corporates in the country. The Companies Bill 2013 received assent from the President Pranab Mukherjee recently. The new Bill provides sweeping changes in the way companies operate and are regulated in the country, received Parliamentary approval earlier this month. It would replace the Companies Act 1956. The Corporate Affairs Ministry is in the process of making the rules for the new legislation. The draft rules, expected to be ready in two weeks, would be put out on the
ministry’s website. After this, stakeholders and general public, among others, would have up to 60 days to provide their comments. Corporate Affairs Minister Sachin Pilot had earlier said the government plans to adopt a transparent and interactive process to finalise a detailed set of rules to be adopted under the new Companies Bill. The new Bill requires companies to spend on social welfare activities, empowers investors against any frauds committed by promoters, encourages companies to have women directors, and seeks to bring in greater transparency in corporate governance matters.
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Builder can’t sell parking space
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aking note of a Supreme Court judgment, a consumer forum has ruled that a developer can’t sell parking space and directed Tata Housing Development Company Limited to refund Rs 50,000 along with a compensation of Rs10, 000 to Ghatkopar-based Suresh Mehta in Mumbai. Mehta had purchased
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a flat along with parking space at Betegaon, Palghar for Rs 17.44 lakh on June 30, 2010. But filed a complaint against the builder upon coming across a judgment, which held that a builder can’t sell stilt or open parking as it was part of the common area of the society. While Rs 50,000 was for car parking, another
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
Rs 50,000 was taken as club house development charges. Mehta said that in August 31, 2010 he came across a judgment. The judgment also held that once the Occupation Certificate is issued by the corporation and society is formed, the developer ceases to have any title on the open space.
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News Watch
National Realtors embrace new technologies to cut costs
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eal estate developers are increasingly cutting 10-15 per cent of their costs by adopting new construction technologies. At a time when buyers are complaining about developers not sticking to delivery schedules and delays stretching for three-four years, these technologies have come as a boon. Along with reducing the time taken to complete units, these technologies also help overcome labour shortage and tackle the rise in input costs. Now, precast technology and prefabricated structures are common in the realty sector. As the structure/wall panel/block is pre-built in this case, the time taken to complete a unit is reduced manifold. Brotin Banerjee, managing director and chief executive of Tata Housing, says the
State
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adoption of technology by the Indian realty sector has been slow, though it has picked up pace. “Over the past five years, there has been a shift in the trend. With growing labour shortages and increasing input costs, developers need to bring in new technologies to
not only to save costs, but also improve the quality of construction,” he said. “We have used low-cost technologies and raw materials such as reinforced concrete blocks, precast hollow blocks, precast lintels, floor tiles and prefabricated panels and polymer panels for doors and windows. We have reduced construction costs 20-30 per cent. We have also been able to save seven-10 per cent of costs compared to conventional construction,” he added. An analyst tracking the sector said, “We will see more and more developers opting for technology innovation in construction. Apart from saving on costs, the developers are focusing on quality and timely delivery, which would also improve their brand value.”
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Challenges facing AP’s Cement Industry
he cement industry in AP is expected to be least impacted by the creation of Telangana. This
industry in the State is predominantly concentrated in the Telangana region, which has most of the limestone
deposits. In fact, the units located in the region have easy access to the markets of Karnataka, Maharashtra and Odisha while those in Seemandhra region are in proximity to Karnataka and Tamilnadu. Nearly 55 per cent of the units and production come from Telangana with the highest concentration of cement plants in Nalgonda district followed by Ranga Reddy and Adilabad. This is followed by Jaggayyapeta, Krishna district and near Guntur in Andhra region. In the Rayalaseema area, units are spread across Kadapa, Kurnool and Anantapur districts. However, the cement sector itself is going through tough times with power cuts and slow down in the realty sector and significant drop in funds for Government housing and irrigation projects. This has led to increase in prices, which are hovering around Rs 300 per 50 kg bag and simultaneous cut in production (average of 50-60 per cent of capacity).
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News Watch
Hyderabad GHMC proposes massive development
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he Greater Hyderabad Municipal Corporation (GHMC), which bagged several projects under the phase-I (2005-2012) of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), has proposed projects costing about Rs 870 crore under its transition phase. The works proposed under the transition phase include construction of a flyover at Tolichowki, solid waste management, rail under bridge (RUB) at Uttamnagar, remodelling of nalas, laying of link road from Raj Bhavan to Begumpet, widening of roads like Yellammabanda road, Botanical Garden Road and development of JNTU (Kukatpally-Mind Space) road. The state-level committee on JNNURM works cleared the proposals
for these projects recently and they would be sending them to the Union ministry for urban development soon. The projects are slated to be completed in three years of the Centre giving clearance. The JNNURM scheme was launched by the Union government in 2005, mainly to improve infrastructure in cities. The
Hyderabad leads digitisation in real estate
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yderabad is a centre of initiatives, especially for home buyers. The city is converting land records— one of the severe pain areas while authenticating ownership rights— into digital form. As reported earlier the property registration procedure would also be online. Recently, the city administration provided digital tablets, popularly called tabs, to tehsildars of 16 mandals. The devices will be used to update land records. They are equipped with customised software applications and all tehsildars are instructed to feed land-related
details such as ownership and the current status of usage. The server will be linked to the District Collectorate
City torch bearer of eco-friendly practices
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he city is also a torchbearer in the field of promoting eco-friendly practices in real estate. Recently, the HMC declared 10 per cent concession on property tax for residents using solar water heating equipment. The benefits are not just limited to users, as the Corporation does not shy away from reducing the impact fee for developers who use eco-friendly practices in their projects.
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sanctions are being given under the Urban Infrastructure and Governance (UIG) and Basic Services to the Urban Poor (BSUP) schemes. While the Centre gives 35% funds of the total project cost, 50% has to be borne by the civic body and the balance 15% by the state government.
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> and the Chief Commissioner of Land Administration (CCLA) office. This will also help prevent fraudulent property transactions on account of ownership. The digitised records will also provide litigation-related details. Nevertheless, digitisation has numerous benefits for both the government and the consumer. According to Hyderabad collector, Mukesh Kumar Meena, the up-to-date records will also help in gauging the level of land utilisation. There are times, when land is allotted to other government departments for public purposes, but it remains unutilised for years.
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News Watch
Hyderabad Integrated building approvals to check graft
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n a bid to bring in transparency, avoid delays and check corruption the GHMC has decided to integrate online building approvals with occupancy certificates and property tax assessment. An experimental study of accepting online applications was started a couple of days ago by the GHMC’s town planning wing. Full-fledged implementation of online clearance would begin in a month as the municipal administration and urban
development (MA&UD) department is expected to issue the relevant GO in the next couple of weeks for the initiative. GHMC officials said once the online application and approval system for building application starts, building permissions would be cleared in 15 days at circle and zonal-level (for buildings up to ground and four floors) and highrise applications would be cleared in 30 days at the head office-level.
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Map-based search engine makes your house hunt easier
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ousing.co.in, a map-based real estate search portal, offers this approach to buyers who go house hunting for either buying or renting the flat. Map-based search will show neighbourhood information like nearby parks, schools, restaurants, grocery stores, nightclubs and lot more for every flat on their website. Once you zero-in on a flat, you can also check for the
options to travel by with the available public transport in that area. Like other real estate portals, this one also helps you get information on the available properties and the person (broker/ landlord) to be contacted there. The only difference here is that the customer here gets a real picture of the locality he is looking at. For instance, the mapbased technology helps you get real
time pictures of the surroundings you are about to live in. The photos uploaded and data collected ensures accuracy and authenticity. The portal also does a housing lifestyle rating, where they give score to a property based on the person’s housing requirements. Besides Hyderabad, the portal caters to Mumbai, Gurgaon, Noida, Ghaziabad, Pune and Bangalore.
Slow down pushes Lanco to cut 4,000 employees
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urt by subdued markets and economic slowdown, Lanco Group, which has interests in infrastructure, power and realty segments, has retrenched about 50 per cent of its 8,000 workforce during the last 15 months. The Group has cut down its workforce to 4,000 by the end of March this year and around 400 employees so far in the current fiscal. The Group currently has 4,100 to 4,200 employees, sources said. Most of the employees were taken in anticipation of various projects taking off, which has not happened. When contacted, T Adi Babu, Lanco CFO, merely said: “The headcount of the company, including international business, will be 5,100.” According to the latest annual report of the company, Lanco had trimmed its employee expenses, including recruitment and training, to Rs 632 crore during 2012-13 as against Rs 736 crore in the previous fiscal.
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(Source: From newspapers and sites)
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Cover Story
Hyderabad
Is realty coming out of log jam?
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fter being hesitant for many years, Congress Working Committee finally gave in to endorse the division of Andhra Pradesh and grant of statehood to Telangana on 30 July 2013. It was followed by agitation in coastal Andhra and Rayalseema regions and the strikes by the government staff against the division that led the state administration and the industry to slip into “a state of pause� in the last two months and delaying the whole process. This period of transition witnessed i n t e n s i v e politicking b e t w e e n various political parties and within the leadership some against the decision, while others for it. Finally the dust appears to be settling down with Union Cabinet endorsing the bifurcation of Andhra Pradesh, giving its approval to the formation of Telangana state and the ongoing strikes by the government staff being called off. The Group of Ministers (GOM) appointed by the union cabinet to prepare the draft Telangana bill is looking into the legal, administrative and other aspects in consultation with all concerned quarters and has had a couple of meetings so far. Efforts are on to prepare the bill and send it to AP assembly by November end to go ahead with the process. The terms of reference are yet to be framed by the Centre for the administration of the two new states and
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Jydip Mukherji evaluates the changing prospects of Brand Hyderabad in the aftermath of bifurcation of Andhra Pradesh and the path that lies ahead. Seemandhra with financial support from the Centre, or as per the third option Hyderabad is elevated to a union territory and becomes the joint capital for the two states.
determining the status of Hyderabad. The people are clueless whether it will be declared as the capital of Telangana with Article 258(A) of the Constitution invoked, where functions like police, public order and land management are entrusted to the Union government on the lines of the present set up of National Capital Region (Delhi). According to the second option it becomes the combined capital of the two states for a period of 10 years, subsequently it would be the permanent capital of Telangana while a new capital would be carved out for
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Going by the normal course of constitutional process it may take at least 7 to 8 Months for the formal creation of Telangana state. It could take much more time if the stake holders are not able to arrive at a suitable formula for addressing issues related to sharing of water and other natural resources, revenue, infrastructure, and other concerns over long-term investments, administrative issues and the conduct of upcoming general elections scheduled to be held early next year. According to an estimate, Hyderabad alone generates over `75,000 crore (IT and ITES services contribute `42,000 crore to state government) through various taxes and fees contributing over 50 per cent of the total revenue for the state government and therefore poises as a formidable bone of contention for the two states. Despite competitive capital values compared to other metros, the ambiguity surrounding the status of Brand Hyderabad has hit the realty market with hardly any registration of property or sales taking place. Builders have been holding
Cover Story
ITIR
with the
back projects and property buyers largely in a wait and watch mode. Home loans have dropped by 20 per cent. Global property consultant Knight Frank, in a recent report, stated of 118,000 housing units launched by developers over the past three to four years, 33,000 homes have remained unsold. Residential sales volume went up 11 per cent in the first half of FY13, compared with the same period in FY12. About 8,100 residential units were absorbed during this period, while 69,800 were in various stages of construction. Approximately 70 per cent of this is expected to be ready for possession by the end of 2014. Since the end of 2008 global recession slowed Hyderabad’s pace of growth too. The slowdown in IT developments and the corporates consolidating and reducing head counts lead to a drastic fall in commercial office space and corresponding residential and retail demand too. As the macro economics of
the country started improving from the mid of 2009 the real estate market sentiments in city too rebounded. However, by the end of the year markets were again pushed back by the Telangana agitations. And since then spurt of political agitations have continued to mar the growth of realty in the city intermittently for a couple of months on several occasions until they again start looking upwards. On all such occasions including the ongoing one the investments in the city have come to a standstill. Although, the city still continued to witness a ray of hope as companies like United Health Group, JP Morgan Chase and Facebook forayed into the city to start their corporate offices. In addition to this companies like TCS, Infosys, Accenture, Wipro etc geared up their expansion plans in the city and leased large spaces in 2010. But as such there has not been any phenomenal growth since then. The markets have maintained a steady path
occasional flip-flop till date. A significant fall out of t h e prevailing situation has been a shift in focus of the developers in the residential segment from high end luxury villas and flats to affordable 2BHK and 3BHK flats ranging from 950sqft to 1600sqft projects in the price band of Rs25-Rs45 lakhs, as the demand has only been evident in this sector. While commercial office space vacancy has increased sizably with increased supplies and fall in demand. A pleasing ride from the swanky International Airport to the popular IT Corridor with the presence of MNCs over an eight-lane expressway, array of Software Technology Parks and Special Economic Zones dotting the cityscape, the construction of the Outer Ring Road (ORR) and the consecutively connecting radial roads and the Hyderabad Metro Rail Project dazzles a visitor with the city’s glaze. A large number of real estate projects coming up along the major growth corridors of ORR, NH -7 and NH – 9, the biotech hub at Shamirpet, the manufacturing hub on the southern part of the city along the Srisailam Highway with presence of the Gems and Jewellary Park, Hardware Park and Fab City talks volumes about the meteoric emergence of a global metropolis over the last decade.
Cover Story Now to add another feather in the cap, centre’s recent announcement of declaring the city as Information Technology Investment Region (ITIR) at a total investment of Rs.2.19 lakh crores, of which the IT/ITES is to attract investments of Rs.1.18 lakh crore and the Electronic Hardware Manufacturing (EHM) sector of Rs.1.01 lakh crore. The ITIR is expected to generate direct employment of 14.8 lakh and indirect employment of 55.9 lakh to be implemented in two phases, phase I from 2013 to 2018 and Phase II will be from 2018 to 2038. Upgradation of three radial roads and extension of the Metro Rail from Falaknuma to Shamshabad International airport at a total cost of Rs 3,275 crore has been proposed as a part of this project. Brand Hyderabad has witnessed an integrated development drive as the befitting location for large scale commercial office space along with a splurge of organised retail space, followed by the construction of a wide range of residential projects across the spectrum from affordable apartments and villas to luxury projects. Each project in a bid to cater to the discerning buyer offers a bouquet of amenities comprising of villa flats, plush interiors, breath taking exteriors, ambient common spaces, refreshing clubhouses, engrossing leisure activities, from gated communities to integrated townships, redefining living spaces, city’s realty has touched new heights. The influx of an ever growing migratory work force from within the state and across the nation to fulfill the opportunities created b y the sporadic growth of IT, ITES, Pharmacy, health, hospitality and education sectors other than allied industries
and SMES have upheld a consistent demand for residential segment in the last decade. Superior infrastructure and connectivity as a result of a focused government approach, availability of requisite talent, better quality of life, lower costs of living, cost effective quality space solutions, led by adequate social infrastructure and city’s high development potential have encouraged companies to establish some of their largest offshore centers catalysing the realty resurgence. With such strong credentials and the market fundamentals of writing a success story Brand Hyderabad continues to stand on a firm footing. It is now clear to the politicians that the public does not care whether they are in Telangana or Andhra, the argument that real estate will collapse in the city has fallen flat, evident from the way a steady path has been maintained during the last one year. People are going to stay put in Hyderabad, division or otherwise. The real estate demand will continue and the prices touching their rock bottom compared to other metros are only expected to rise once the clouds of uncertainty are cleared and stability prevails. Crisil expects residential capital values to grow at a faster pace of 8-9 percent in 2013 and 2014 vis-à-vis 6-7 percent envisaged earlier. Commercial lease rentals are likely to increase only marginally in 2013 and 2014 due to a large planned supply of commercial office space. It is unlikely that end-user demand will increase immediately. However, within the next 7-8 months once the position is clear, demand will pick up leading to better appreciation in many areas. The locations which will see the fastest off take include those on and around Outer Ring Road, the CBD area of Banjara Hills and Jubilee
Hills, and areas such as Gachibowly, HiTec City, Kukatapally, Miyapur, LB Nagar, Uppal and Kompally.” Prime residential locations of Jubilee Hills and Banjara Hills have already seen an increase of about 7-10% during FY13 due to limited supply. Shamshabad, localities along the stretch from Kukatpally to airport and Srisailam Highway and Aadibatla are also expected to witness a hike from their current prices. Land prices are expected to triple along Outer Ring Road from the current average of Rs 1 to Rs 3 crores per acre. If Hyderabad becomes the capital of Telangana the realty prices are expected to fall momentarily for a few months till they stabilise post general elections. If it becomes a joint capital for 10 years and later a part of Telengana there will be a gradual rise. In the third case if it is declared as a union territory and joint capital for the duo, there will an outright surge, followed by stabilised good growth. In the second and third cases there will be no sudden pull outs; hence the market will only move up. Additional infrastructure will be built to take care of the requirement of two states. This will boost up land and residential demand. Even in case one the shifting of people and offices out of Hyderabad will be gradual with unnoticeable impact, as the strength of Telangana state staff will fill the gap over a period. Also during the next decade the city will further develop commercially with more employment and influx of people from outside in the natural course which will nullify the gradual exit of serving government staff. There will also be flow of people from Telangana districts to take up jobs created by the new government. Demand for real estate is definitely going to be on an upswing. Brand Hyderabad is going to attain greater glory. All depends on the pace of political decision taken on the division of state and the future status of Hyderabad. Jydip.mukherji@gmail.com
Cover Story
Industry reactions on B. Seenaiah, National President, Builder’s Association of India, “We are there throughout India in road construction, power projects and real estate with 80% of infrastructure projects in the kitty of AP entrepreneurs. People made heavy investment at the time of boom in 2006-2007 and now they are all suffering holding on to them. The decision to divide the state has ruined AP and will take another 10 years for the region to recover. Considering Hyderabad’s geographical location, good weather conditions and availability of plenty of nonagricultural land parcels, the city has a bright future; only political stability and clarity on the division of state will determine the future course. A clear cut decision that is acceptable to people of all the regions. Then the city must have a proper master plan for development on the lines of other developed cities globally and not influenced by politicians and bureaucrats. They need to first create the infrastructure of a place and then go for any construction to develop a better planned city. Next two years will be a critical period for city’s infrastructure and real estate industry.”
P Dasharath Reddy, President, AP Real Estate Developer’s Association
P Dasharath Reddy, President, AP Real Estate Developer’s Association says, “The market had picked up in the third and fourth quarter of the last financial year. Following the announcement they have almost come to a standstill. But this is a transitory phase and once clarity comes from centre the markets will start looking upwards. We have already hit our rock bottom, the prevailing prices are at 50% of Chennai, 70% of Bangalore and much lesser than other smaller towns. Selling prices in the last four years have not increased but the construction component costs of steel, cement, sand, labour and other material have gone up by 9% to 10%. None sell at a price lesser than their costs. The market is expected to moderately rise by the general elections and and post elections further firming will depend on the kind of set up that takes over.”
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Er K. Raj Kumar, Chairman, Association of Consulting Civil Engineers (I) Hyderabad Centre
National President, Builder’s Association of India
Er K. Raj Kumar, Chairman, Association of Consulting Civil Engineers (I) Hyderabad Centre, “The decision of the Government to form Telangana was inevitable, pre-written in 2009, as per the stand taken by Congress. Hyderabad has more advantages than other cities like earthquake free zone, weather conditions conducive to a cosmopolitan class, nature of accepting everybody into our family, good infrastructure and city’s central location accessible from all parts of India which have created a boom earlier. But the kind of agitation from various groups has created a gap in the development. Once normalcy is restored, then everybody is going to look at Hyderabad for expansion and newer projects. The problem we are facing is momentary. If Hyderabad becomes the capital of Telangana, the stagnation period will be one to one and half years, followed by boom. If it becomes joint capital or union territory, the boom starts immediately. It is the testing time for the city to deal with the situation for a while. “
Srinivas Ayyadevara, President, The Federation Of AP Chambers Of Commerce & Industry (FAPCCI), “Hyderabad as on today is the connectivity for the whole of Andhra region. City’s FDA regulated pharma industry has a global market. It takes 3 to 5 years to comply with FDA regulations. Certainly, they would not like to shift their shop from here. Uninterrupted power and sops offered to IT and ITES will deter them from shifting their establishments. So post division, as long as the present policies are continued by the government with industrial sops, tax concessions and quality power supply in place, Brand Hyderabad will not take a beating. The future will depend on the speed with which political and economic decisions are taken. Once the speculative aspect is removed, real estate with 15% to 20 % appreciation is a good investment option for me any day. ”
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B. Seenaiah,
Srinivas Ayyadevara,
President, The Federation Of AP Chambers Of Commerce & Industry
Cover Story
Brand Hyderabad D. Vishnu Vardhan Raju, President, Registration Department Non Gazetted Officers Association, “Nothing much drastic is going to happen after the formation of Telangana as it is ultimately a part of India. Development has not stopped in Hyderabad Revenue District. Western Hyderabad including Kondapur, Madhapur, Ganchibowli, Kothaguda, Hafeezpet, Miyapur, Chandanagar maket is affected badly. Eastern Hyderabad from Hayatnagar to Chaderghat is moving at its own pace, as there has been no miraculous development in that area since ages. Although real estate in the radius of 40 to 50 Km from the core will not take off in the current situation. Stalemate is more in the commercial space. Especially in the core area commercial properties have seen a major downfall due to supply in excess of demand and high rentals. The psychological impact of the current impasse has created this lull that will remain for a few months but nevertheless real estate will survive and the situation will improve soon. “
D. Vishnu Vardhan Raju, President, Registration Department Non Gazetted Officers Association
Devendra Surana, Past President, FAPCCI, “Uncertainty is the biggest enemy for business. Since last four years we have been living in uncertainty. Even with the announcement of division of state uncertainties are still not over. And when there are uncertainties politicians will try to amplify and put across the worst case scenario in front of the public. Present is tense, future looks bright because of the potential of Hyderabad as a city with great infrastructure, centrally located with its present policy of unlimited FSI and lowest price amongst Metros.”
Devendra Surana, Past President, FAPCCI
Surya Prakash P,
National President, Association of Consulting Civil Engineers
Surya Prakash P, National President, Association of Consulting Civil Engineers (India) “The unrest is due to the economic imbalance created in the two regions and a feeling of belongingness. Currently people are in a wait and watch mode and future will depend on the speed with which the announcement is made. Post division if Hyderabad remains with Telangana, there will be a slump in the market. After the formation of a new capital in Seemandhra, even people from Telangana including the realtors tend to invest there. If it gets a special status like joint capital, union territory or a separate state, there is going to be a surge followed by stabilised growth.”
Raj Padmanabhan, President, AP Realtors Association Raj Padmanabhan, President, AP Realtors Association, “Yes, there is certain amount of uncertainty in the market. People have got into a wait and watch mode. But this is a temporary phase. Once the clarity on issues of statehood is established, people will have more confidence in investing their money in Hyderabad. The market has to go north with the best infrastructure, low cost of living, low transportation cost and low real estate prices, as compared to all other cities. Majority of the realty here is residential and the unique aspect of it is the profile of the buyer. In the last few years the working migratory population has made sizeable investments. Irrespective of whatever happens to the state these migratory buyers are concerned about the future of Hyderabad, which is never in doubt. Present situation is little circumspect because of the prevailing confusion in the market. But it’s only a matter of time before the sky opens up and there is a substantial increase in both, the prevailing rates in the market and the off-take of available properties.”
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Cover Story
Industry reactions
Er. Ravindra Achuri,
Chairman, Institute Of Indian Interior Designers, Hyderabad Regional Chapter
Er. Ravindra Achuri, Chairman, Institute Of Indian Interior Designers, Hyderabad Regional Chapter, “Since 2009 the market has slowed down and at the moment the market has not gone down but come to a standstill. People have money; they are waiting for the political situation to settle down, based on which growth will occur. The pace of growth will depend on whether Hyderabad becomes a part of Telangana, joint capital or UT, market will definitely pick up after the state elections.”
AR. Narasimham V.V.L, Chairman AP Chapter, The Indian Institute Of Architects, “They could have picked up one of the suggestions given by the Krishna commission, analysed deeper and implemented it. In the absence of any clarity on bifurcation there is an uncertainty in real estate which is expected to continue till the elections are over. The ongoing conflict once resolved will lead to faster development of Hyderabad with more enthusiasm and zeal. But nonetheless future growth of the city will be determined by government’s approach to harness the intellectual abundance available in the private sector through consultancy and advisory forums to formulate the vision 2030 document. Existing rules of urban growth need to be amended to suffice to the aspirations of future development with clear understanding of our natural resources. The ecological carrying capacity of Hyderabad needs to be spelt and strictly adhered to. Energy availability is affecting the development. A system of giving incentives to energy audits needs to be immediately introduced. The micro level infrastructure is missing in the various land parcels on the periphery. Where is the water supply, sewage disposal and power supply in these areas?”
Mahender Reddy Saddi, Chairmen of AP centerIndian Association of Structural Engineers
Chairman, Indian Plumbing association, Hyderabad Chapter
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Chairman AP Chapter, The Indian Institute Of Architects
“Hyderabad is the best cosmopolitan city. It is true that the reality prices were constant for the last 2-3 years because of separate state issue. After the central decision to create a separate state, the prices will shoot up drastically because of affordability, as compared to other metros. This is the most upcoming city not only in India but also in Asia, when you compare the development of express high ways, radial roads, ring road and soon to commence Metro rail in the city.” Mahender Reddy Saddi, Chairmen of AP center- Indian Association of Structural Engineers.
“Hyderabad is one of the great cities in India with respect to weather condition, cost of living, land/housing cost, infrastructure facilities, employment opportunities, cosmopolitan nature etc. It will definitely grow as the best city in India, irrespective of geographical bifurcation issue. The prices of real estate for the last 2-3 years have been more or less stable and the lowest, when compared to any other metro city. It is not worth expecting any further reduction since it is not workable/ practical without compromising on quality. This is the best time for investment. If the geographical bifurcation issue is resolved, the prices will soar high.” Srinivas V, Chairman, Indian Plumbing association, Hyderabad Chapter.
Srinivas V,
AR. Narasimham V.V.L,
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Numerology
Effects of Shani Sade Sati
A
re you facing problems due to Saturn or Shani in your personal and professional life? Are you suffering from chronic diseases due to Shani sade sati? Numerologist Sshupriti dwells on the effects of Shani Sade Sati in the life of a person.
the planet that rules the 7th Age – the period of life from age 60 to death, which is a time to assess this life and prepare for what comes next. Saturn is also the ruler of Capricorn, and coruler of Aquarius. His day is Saturday. Saturn is our ‘ultimate teacher’, the embodiment of Father Time, and often depicted as the Grim Reaper. A powerful vision to behold, this massive planet known for its glorious rings, will undoubtedly touch all of our lives with cold severity at some points and warm generosity after we have learned the lessons he meant to teach. Saturn is called as the taskmaster planet because of its stern and sometimes guilt inducing influence in our lives. While Venus and Jupiter makes life comfortable and fun, Saturn keeps you in check reminding you that- “All Play and No Work” leaves you homeless and penniless. If you relate to the feeling that you are probably not working hard enough in your life, that it is Saturn’s influence in your natal chart.
Are you facing problems due to Saturn or Shani in your personal and professional life? Are you suffering from chronic diseases due to Shani sade sati? Numerologist Sshupriti dwells on the effects and remedies of Shani Sade Sati in the life of a person.
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Planet Saturn has powerful influence in our lives. Saturn simplistically is Law. He is discipline and responsibility, the teacher of life-lessons, the parent that withholds rewards until they are truly earned. Symbolically, Saturn rules fate and destiny. In the mundane world, Saturn’s effects can be seen and felt in your material achievements and pitfalls. As an acting hand of justice, Saturn upholds the dictum, “As you sow, so you reap”. Even though we start learning Saturn’s lessons in our youth, Saturn is I want to subscribe to APREDA Horizons for 6 issues. For 1 year subscription I enclose a cheque / DD for Rs 200 or have made an online payment in APREDA Horizons, Andhra Bank, Shrinagar 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: _______________________________ Signature:______________ From my bank name & branch: Date:__________________ Cheque/D.D should be in favor of: AP Real Estate Developers Association (No cash accepted).
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Numerology What is Shani Sadesati ? Shani is the lord of Justice. Shani is the lord who gives us the results of good and bad karmas done by us. People are often scared of even taking the name of Shani dev. There is a general belief that during Sade sati, Shani dev will create problems in our life. But this is not true. We get back whatever we practice. Therefore there is a need to understand the concept of Shani’s Sade sati so that we are able to get rid of the bad effects of Shani deva from our life It is the time period of Shani or Saturn of seven and half years (7.5) in any zodiac sign. When Saturn transits through the 12th, 1st, and 2nd house from the natal moon (where one’s Moon is placed in the birth chart), this is termed Sade Sati. Saturn takes 2 ½ years to pass through each sign (30 years to make one round of the zodiac), its passing through 3 signs makes it 7 ½ years. Sade means “half” and Sati translates to “seven” and hence the name Sade Sati. There is a general belief that Sade Sati period brings dissatisfaction, disappointments, depression, differences, disputes, disharmony and undesirable results, but actually this is not the case. Saturn does not always behave this way and it really depends on individual’s chart. During this period person may get good and bad result as per the karmas of past. While it is true that during this 7-1/2 years Saturn transit period, people do experience some tensions and troubles, it is nothing to be scared about. Even while giving some troubles and tensions, it does not deny you success. As a matter of fact a number of people prosper to new heights during this period. Sade sati is about doing one’s obligatory duties without considering likes and dislikes. One who does this forever is least effected by Sade Sati and in fact gains during this period. However if anyone is arrogant,
egoistic, unsympathetic, and non-hard working then he is targeted during the person’s Sade Sati and can make him go through a lot of hardship
Benefits of Shani sade sati or Saturn sade sati-
For example if Saturn is acting as a yoga karaka, there is no way it can cause all the problems in a native’s life. It gives positive results as well. Gain of real estate and expansion of business takes place during this period. A lot depends upon the Dasha and Bhukti (major and sub periods) running in the chart. Most of the people go through 2-3 periods of Sade Sati in their life time, 4 periods are rare. It reappears after every 25 years in one’s life.
• Improvement in earning sources.
3 Stages of Shani Sade Sati: Sade sati affects the life of any person in 3 step : a) 1st Stage or pratham charan of Shani sade sati: In the first step of sade sati, Shani affects on monetary power of person. It increases the expenses, unwanted problems surround the person who is affected by Shani sade sati. Person may suffer from diseases like insomnia and mental stress may increase. b) 2nd Stage or Dwitiya charan of Shani Sade Sati: In this period family and business problem may arise. Relation with relatives may fall; person has to go for long journey and due to this expense increase. The person, may not get support from friends and relatives in time and has to work more to get desired results. c) 3 rd Stage or Tritiya Charan of Shani Sade Sati: There is decrease in luxury in a person’s life in tritiya charan of Shani sade sati. Expenses increase unusually, Good professional work gets affected, contradiction arises with progeny, chances of too much debate arise in this period. Some common Effects of Shani sade sati or Saturn sade sati• Financial problem • Persoanal problem • Health Problem • Official problem • Career problem
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• Increase of patience power. • I mprovement techniques.
in
survival
• Improvement in Social status. Remedies for Saturn (Shani) sade sati ) These three effects of Saturn’s sade sati can be reduced by giving alms, performing pooja, fasting or reciting mantra. • Perform pooja (worship) of Lord Saturn (Shani) on Saturdays. Keep fast on Saturdays. • Do not include Urad pulse, grams, grams flour, blackmole and black salt in your food. • Chant saturn’s mantra for 19000 times on a Saturday. To get benefic effects of sade-sati, do Maha-Mrityunjaya Japa. Get the mantra enchanted for 125000 times. • Offering of milk to Lord Shiva on a Shiv Ling every Monday morning reduces the adverse results of Saturn. • Regular visit to a Hanuman temple on Tuesdays and Saturdays is another easy and effective way. Keep fast on Saturday. • On every Tuesday and Saturday donate Sindoor and Chameli oil in Hanuman Temple. • Chanting Hanuman Chalisa with Sankat mochan followed by Shri Ram Stuti every Saturday and Tuesday keeps prosperity flowing even during bad transits. • Wear an iron ring made of horseshoe or nail made from a boat. Wear it in the middle finger of right hand. Wear this stone in waxing moon on Saturday in the evening half an hour before sun set. It is preferred to be worn on the day of Pushya, Anuradha or Uttara Bhadrapad nakshatra. Before wearing the ring, clean it in fresh milk and Ganga water, light incense stick, perform pooja and recite shani mantra 108 times. Ater wearing the ring give alms. This will reduce the ill effects of Saturn (Shani) giving peace and prosperity. saivision32@rediffmail.com
(The writer is a leading Numerologist, Vaastu and Lal Kitab Remedy Expert)
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Special Report
A Step towards empowering the underprivileged The Land acquisition Act will change how land is acquired and owners are compensated in India, reports Jydip Mukherji. eeding the demands of the civil society an updated Bill was required to replace H the antiquated 1894 legislation on land
acquisition that allowed governments to acquire increasingly scarce land for a pittance from their owners. The 'Right to Fair Compensation and Transparency in Land Acquisition, Resettlement and Rehabilitation (LARR) Bill, 2013' recently passed by both the houses of parliament became a law with President Pranab Mukherjee giving assent to it. It replaces the old act and is expected to ensure a fair market value for India’s land owners and farmers, while the realty sector cries foul in the name of appreciation in basic land input costs. Meanwhile, the Rural Development Ministry is in the process of framing rules for the new Act. Objective of the ACT: The social and political objective of the Act is to ensure that the people who lose land are adequately compensated and to ensure that the acquirers of the land are assured of the acquisition process. Consequently, the Actl is expected to rule out problems of unwarranted claims and issues of inadequate compensation. The Bill makes it mandatory to seek farmers' consent before the acquisition of land and will be applicable in cases of acquisition of 50 acres in urban areas or 100
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acres in rural areas. Land owners will also get special benefits by way of small portions of developed land for commercial use adjoining the upcoming projects. Consent-process of acquisition: T Narasimha Rao, president Greater East Zone Builders Association and CMD, TNR Constructions says, “The provision on mandatory consent of at least 70 per cent of the landowners for acquiring land for public-private partnership projects and 80 per cent for private companies acquiring land for a public purpose based on the number of land owners and not on the total area of the land to be acquired, a large number of marginal land owners could hold a project to ransom." Multiple checks and balances: “The Act enshrines a ‘comprehensive,
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
participative and meaningful’ process involving participation of local Panchayati Raj institutions prior to the start of any acquisition proceeding with special safeguards for tribal communities and other disadvantaged groups. Before any process of acquisition is initiated, there must first be a Social Impact Assessment to be scrutinised by an ‘Expert Group’ which reviews the SIA and submits recommendations as to whether the project is worth pursuing given the social and economic cost of displacement. It is only after the Government submits report in favour of the acquisition and the consent of those whose land is about to be acquired has been determined that a preliminary notice for acquisition shall be issued,” says Shamalabai of Andhra Pradesh Agricultural Workers Union who has been actively involved in the Sompeta movement in the North Srikakulam district of AP, where farmers have stood up against their land being acquired for construction of a power plant.
Interiors
Special Report Long process may escalate costs: This study will have to outline how the acquiring parties intend to use the land and how the original inhabitants or owners will be rehabilitated. “The Act puts very definite timelines on project completion and entire land utilisation process. The other provisions like rehabilitation of affected projects, social impact assessments, ecological impact assessment and environment impact assessment for projects, etc., will create complications and delays instead of easing the execution of infrastructure projects. Rather such studies can be carried out as a parallel activity to acquisition and not as a condition precedent. Otherwise, the whole process will take a very long time and the purpose of acquisition shall be defeated, as project costs will shoot up," says advocate, C Prabhakar Rao, president Andhra Pradesh Builders’ Federation. Lop sided says industry: MV Narendranath Reddy, member APREDA Advisory Board and Chairman, Grand Ville Realtors says, “It is a boon for the farmers and a bane for industrial growth. Proper balancing has not been done. It is a fact that the previous act was totally loaded against the land owners and the new act has taken the other extreme. But good sense has prevailed as some key issues have been left to the discretion of the state governments. In the past land owners used to go behind the politicians to have their lands exempted from acquisition but now on the contrary they will go round to get their lands acquired as the compensation is very lucrative, more so because the present values fixed by the government are more or less at par with the market rates.” Compensation: The Act proposes that farmers and landowners be paid up to four times the market value of land acquired in rural areas and two times the market value in urban areas. T Narasimha Rao says, “The Bill addresses the core issue of resistance to land acquisition and the discontent among the public seen in recent years, by multiplying the compensation many folds and making the dispossessed a beneficiary in economic development. The higher compensation is certainly a welcome move; however there could be issues relating to the use of the market value in determining the compensation, as the officially reported and transacted prices always tend to be a fraction of the ongoing prices.”
related to land acquisition including a new Schedule that lists the various entitlements that accrue including houses for all affected families, choice of annuity or employment, monthly subsistence allowance, training and skill development and one-time financial assistance. Safeguards against displacement: R&R to be completed in all aspects for irrigation projects within a period of six months prior to submergence of the lands proposed to be so acquired and the possession by the collector upon fulfillment of conditions under the Act. The components that relate to infrastructural entitlements shall be provided within a period of eighteen months from the date of the award. The acquiring authority must also ensure the provision of various infrastructural amenities including schools, roads, medical centres, post offices in the displacement area i.e. the area in which all the displaced and affected families are being resettled. Dr. G B K Rao, CMD Pragati Group says, “The proposal of the new Act entails monetary gains and would be beneficial and practical in the long run. Every time, till date whenever land is acquired from poor people for infrastructure development projects – public and private, no proper compensation is paid. At the time of acquisition, government promises that the compensation for the acquired land will be released within no time but hardly is it implemented. How do you think people will believe and allow the government to acquire their land? Atleast now onwards we can expect that compensation, employment and resettlement will happen in just 18 months. A more practical Act could have been obtained with wider consultation with eminent personalities to arrive at a broader consensus.” Amendments made to include Retrospective operation: “After the amendments were approved by
Rehabilitation and Resettlement (R &R): The Act incorporates entirely new provisions and links them to those
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the cabinet prior to it being tabled in parliament to address historical injustice the Act applies retrospectively to cases where no land acquisition award has been made. Also in cases where the land was acquired five years ago but no compensation has been paid or no possession has taken place then the land acquisition process will be started afresh in accordance with the provisions of this act. This is a welcome move to salvage the interests of the poor farmers who have lost their land without adequate compensation being given in the past,” says R Chalapathi Rao, Vice President NAREDCO- AP. Other highlights of The Bill: To safeguard food security and to prevent arbitrary acquisition, the Act directs states to impose limits on the area under agricultural cultivation that can be acquired. In case land remains unutilised after acquisition, the new Act empowers states to return the land either to the owner or to the State Land Bank. No income tax shall be levied and no stamp duty shall be charged on any amount that accrues to an individual. Where the acquired land is sold to a third party for a higher price, 40% of the appreciated land value (or profit) will be shared with the original owners. The government may need to bear the cost of land acquisition since user charges may not be able to bear the cost in all cases. However the battles of Singur and Sompeta have proved once again that ultimately people’s power prevails. While the new Act is expected to bring in more transparency and ensure that the affected land owners get their due, it has definitely not augured well with the industry on grounds of financially viability of projects. The government does a tightrope balancing act trying to satisfy both objectives- fair compensation to land owners and economic progress of the nation. Jydip.mukherji@gmail.com
Feature
APREDA’s fourth Property Show about to take off The stage is all set for the biggest show of the year in terms of number of participants, projects showcased, area covered and the visitors expected, says Horizons team.
T
he countdown has begun to the fourth APREDA Property Show, the biggest real estate extravaganza of the year. The event is being held in Hyderabad from 25th to 27thOctober, 2013 at HITEX, Madhapur. Amidst the heat and dust, the flurry of activity has intensified. Attracting attention from unexpected quarters, surpassing the prevailing political uncertainty in the state, the show is becoming the most talked about expo amongst the echelons of the industry. In the run up to the event, the fourth APREDA Property Show Curtain Raiser programme was organised recently in the city. Attended by the real estate bigwigs;
prospective participants as well as those who have already booked their stalls and sponsors the event gave a sneak preview to all the stake holders about the immense business opportunities to showcase their products and services. Thota Narasimham, AP cabinet minister for Stamps, Duties and Registration, the chief guest on the occasion, thanked APREDA for organising the property show consecutively for four years. “I congratulate APREDA for rendering a great service to the builder-developer fraternity. It is of great utility to the common man to witness such an event. It makes me proud and is a matter of achievement for you to have come up with an event of such magnanimity that attracts 50,000 to 60,000 visitors,” he further added. This year, the APREDA Property Show also unfolds the opportunities for investing in Hyderabad to many corporate houses and individual buyers. Addressing the gathering on the occasion, P Dasharath Reddy, President, APREDA, said, “Since inception APREDA
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Property Show has been a great platform to bring together the real estate developers and prospective buyers from across the state. The last three property shows hosted by APREDA have been immensely successful and we are expecting a triumphant run with even higher turnout this year.” He further added, “I say this with conviction, confidence and the benefit of three year’s experience. The reason for this confidence being the unending hours of toil members of APREDA have put in the months gone by and the fervor it will pick up in the days to come. Despite several setbacks in the past due to political instability and other impediments, we have been able to deliver a great event for the benefit of both the realty sector and the public, repeatedly for three successive years. Each year, the show has been surpassing the previous ones. APREDA property show has become an annual event inscribed on the city’s calendar. With this conviction we have made it a three day event this year, unlike a two day event
Feature
organised in the past.” Amongst others present on the occasion were deputy regional manager from LIC Housing Finance Ltd, MVD Venugopala Rao who are the platinum sponsor and officials from Rashmi Realtors who are coming up with Sankalp City and are the silver sponsor for the fourth APREDA Property Show repectively, besides the sponsors of the curtain raiser from Divya Shakti Group, Gowra Hallmark and Mantri Developers, participants of the forthcoming property show, members of A.P. Builders Federation, A.P. Realtors Association, members of CREDAI, media, representatives from conference knowledge partners Jones Lang LaSalle, venue partners HITEX and HICC, advertising partners Associated Advertisers, marketing agency Active Exhibitions and Conferences, other service providers, vendors and members of APREDA. The day- long conference on the opening day of the property show sponsored by State Bank Of India has NAREDCO as the National Partner while Jones Lang Lasalle (JLL) as the Knowledge Partner. The conference on
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‘Staying Ahead in Real Estate- Innovative Construction and Taxation’ is designed to provide deep insights on innovative construction techniques and impact of taxation to various stakeholders to enhance the growth of the Indian realty sector. Industry experts from Korean firm Kumkang Kind, pioneers in aluminium form work will present in the session on ‘Innovative construction techniques’. Aluminium form work is playing a key role in accelerating the present-day construction due to its fast implementation and long life cycle. In the same lines Finnish Company Elematic Ltd a leading supplier of precast concrete machinery and equipment will give insight on how precast concrete technology is providing a breakthrough in construction industry. Amongst developers leading firms such as Shapoorji Pallonji group and Provident Housing Limited a wholly owned subsidiary of Puravankara Projects will present to the delegates the innovative technologies that they have adopted in their construction projects. Meanwhile the panel discussions on Service Tax and Value Added Taxes (VAT) in real estate industry will be adorned by senior government officers, BMR Advisors, KPMG, and renowned tax practitioners. BMR Advisors offers a range of Tax, M&A and Risk advisory for businesses of all sizes and also leads in Tax litigation work. While KPMG is one of the large professional services companies and one of the four big auditors, along with Deloitte, Ernst & Young and PricewaterhouseCoopers globally. Besides these professional
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
firms, well known tax practitioners from Hiregange & Associates Chartered Accountants and Swamy Associates will participate in the panel discussions. Many attractive prizes including bumper prize of two Nano Cars, one Hyundai Eon car, besides other attractive prizes and draws of gold and silver coins every two hours are in store for all visitors. The entry to the event is free but the visitors need to register themselves at the entrance to be able to participate in the lucky draw. The show with 188 stalls spread over an area of 70000 sft, by far the biggest area ever used for a property show at Hitex promises to present the latest properties, products and international standard quality services to prospective buyers. At the same time the exhibitors come face to face with the national as well as international clients which further results in widening their respective marketing networks. The overwhelming response received from builders, developers, cement companies besides other building material manufacturers and suppliers, architects, interior designers, interior- product manufacturers and suppliers, financial institutions, banks, insurance companies, online real estate portals, legal consultant among other service providers and even a host of government agencies including GHMC, HMRL, HMDA, speaks volumes about the ongoing preparations. All in all the judicious mix of participants among the eighty percent of the 188 stalls already booked present a promising opportunity to all those on the lookout for their own ‘Home- Sweet Home’.
Naredco News
Naredco members visit Dubai
delegation of National Real Estate A Development Council members (NAREDCO) and other government
officials from all over India lead by the union minister for housing and urban poverty alleviation and chief patron of NAREDCO Dr Girija Vyas visited Dubai from 7th Sept to 9th Sept 2013 to explore the possibility of bringing in new construction technologies, foreign direct investments, including investments by NRIs, speed up construction and financing of housing and real estate projects in India, besides studying their Real Estate Regulation Act and project approval procedures. The delegation comprising central and state government officials, top Indian real estate developers, bankers had interaction with investors, real estate developers, public and private sector entrepreneurs, consultants and manufacturers of Dubai. These bilateral
interactions were held in association with Indian Business and Professional Council, (IBPC), Dubai. R. Chalapathi Rao, chief convener NAREDCO- AP and executive vicepresident, APREDA, Hari Babu Advisor, APREDA, M.V.Choudhary, vice-president, APREDA along with other APREDA members and state government Officials from AP joined the delegation. Sharing the experiences of the trip Chalapathi Rao said, “Dubai has one of the fastest-approving and decision-making authorities, which issues clearances for land and construction permits expeditiously. We studied their real estate approval procedures embedded with speed and transparency and held many useful meetings with the officials of Dubai’s Real Estate Regulatory Agency (RERA), land department, real estate investors and developers besides members of
Indian Business Professional Council and Sanjay Verma, Consul General of India in Dubai and Dr. T.Tiju, Counsel (economic) of India in Dubai. The delegation held meetings and undertook site visits to study their construction technologies for saving cost, effort and time, some of which could be replicated in India. He further added, “It was a great learning on ways to improve the systems and procedures to bring down construction costs and cut down approval time here back home. India’s huge human capital of engineers, architects, construction houses, contractors is connected with the finest and biggest projects there. We need to harness this latent expertise of resource available at our disposal here to our advantage by adopting some of their systems, procedures and technology to boost our real estate industry.”
NAREDCO new governing council constituted of National Real Estate Eofficelection Development Council (NAREDCO) bearers was held at its Annual
General Meeting (AGM) recently at New Delhi. The AGM was followed by the meeting of newly constituted governing council, which elected Navin M Raheja, managing director, Raheja Developers Limited as chairman, Sunil Mantri, chairman Sunil Mantri Realty Ltd as president, Rajeev Talwar, Group EDDLF Ltd. as vice president – north, R Chalapathi Rao, chief convener NAREDCO Andhra Pradesh as vice president – south, Sudarshan Jhavar, director Devkrupa Realty (India) Pvt. Ltd as vice president – central, Rajan N Bandelkar, director Unnathi Estate
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Navin M Raheja Sunil Mantri (Raunak Group) as vice president – west, Parveen Jain, CMD Tulip Infratech Pvt. Ltd. as vice president- NCR and Rajesh Arora, managing director, Arora & Associates Infradevelopers Pvt. Ltd. as member finance for a two year term from 2013 to 2015.
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
Naredco is at a take off stage as it begins 16 th year of service to real estate industry in the country. Formed in1998 under the aegis of Ministry of Housing and Urban Poverty Alleviation, Govt. of India, NAREDCO is the apex national organization representing all stakeholders of real estate. Ms. Girija Vyas, Union Minister of Housing and Urban Poverty Alleviation is its Chief Patron and she has nominated 6 members on the Governing Council. NAREDCO works towards creating an environment conducive to growth of real estate industry and urban habitats in partnership with Industry and Govt. through advisory and consultative processes
Market Monitor
October-November 2013
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Happenings
State tourism awards given away The Department of Tourism, Government of Andhra Pradesh on the occasion of World’s Tourism day i.e. 27th September 2013 gave away awards of excellence for the year 2012-13 under various categories.
Pebbles Restaurant Himayathnagar received award for excellence under ‘Best Restaurant’ category.
Land L Pooling Scheme
Lahari Resorts received award for excellence under ‘Best 3 star classified Hotel’, ‘Best Eco-friendly Project’ and ‘Best Maintained 3 Star Classified Hotel’ categories.
and Pooling Scheme meeting was held at HMDA Office recently to discuss the concept and implementation of land pooling schemes in A.P. The meeting was attended by members of APREDA. This was the second such meeting. The Metropolitan Commissioner Neerabh K Prasad explained the provisions and the
Centre to broaden tax net PREDA members A were invited to attend a talk by J.D.
Seelam, minister of state for finance aiming at broadening the tax net. Industry representatives meanwhile represented their case on various industry related taxation issues and requested the minister for relaxation in taxation and RBI’s NPA norms. “We are not in an ordinary economic situation currently. There is need for the IT and customs departments to act as facilitators and promote voluntary compliance. While it is not easy to go slow on taxes, we need the industry to help us broaden the tax net by identifying people who evade taxes. A rough estimate of the country shows that 14 crore people have taken PAN cards but only 3.5 core of them are tax payers. The government is bringing so many reforms and the reforms must go on,” said Seelam.
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concept to the audience. He encouraged the developers to take up such schemes and assured them of all cooperation from the Corporation. The minimum land required for land pooling by private companies is 50 hectares and if the same is implemented by HMDA, 75 Hectares of land is required.
APREDA extends support for the cause of Sports PREDA- North A Andhra Chapter extendsedits
support to a sports personal to take part in the World Senior Badminton Championship to be held at Ankara City of Turkey. On the request of Vishakhapatnam Urban Development Authority (VUDA), MV Murali Krishna, a badminton coach and international player has been supported by the APREDA with finical aid of Rs.1.15 lakhs to participate in the championship along with the Indian team of players. The amount was handed over to him by the Vice Chairman of VUDA N.Yuvaraj recently.
APREDA Diary
Glimpses of APREDA Monthly Meeting August 2013
Welfare Board and APREDA to work together V Murali Sagar, CEO, A.P Construction Workers Welfare Pmeeting Board addressed the APREDA monthly general body held in August last as one of the guest speakers for
P V Murali Sagar, Joint Secretary, Labour Department delivering a speech at APREDA Monthly Meeting
the evening. Emphasising on the need for the builders to pay 1% of the total cost of the project excluding the cost of land for labour welfare and to enhance their awareness on the various provisions of the labour law, he welcomed cooperation from APREDA for training of workers and for arranging mid-day meals for workers. He said that the department has sufficient funds for the welfare of the workers and imparting training to them. Training of workers will indirectly benefit the builders. It is important to register the workers with the labour department as they will have many benefits. About the labour cess, he said that the rates must be realistic and APREDA can think of taking up the matter for rationalisation of the cess with the government so that it does not become a burden for the builders and benefit the workers as well. He concluded saying that awareness is important, cooperation with the department will benefit the workmen.
B Sunilchandra Reddy, Executive Vice President, APREDA presenting a bouquet to Lakshmikanth Inani, Managing Partner, Salasar Developers
P Dasharath Reddy, President, APREDA welcoming Ravi Anem of R R Associates
R Chalapathi Rao, Executive Vice President, APREDA welcoming new member K Madhuram Reddy of Gangothri Projects
K Gopala Krishna, Treasurer, APREDA welcoming Srinivas Reddy of Mahanagar Homes
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Pulse
Complied by
Trivita Roy
Assistant Vice President Research and REIS Jones Lang LaSalle India trivita.roy@ap.jll.com
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Project Watch
October-November 2013
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Auspicious Days
November 2013
Date Day Time (IST) A.M. P. M. 01.11.2013 Friday 6.00 to 10.30 4.30 to 7.00 07.11.2013
Thursday
7.30 to 10.30 4.00 to 7.00
14.11.2013
Thursday
7.30 to 10.30 4.00 to 7.00
15.11.2013
Friday
6.00 to 10.30 4.30 to 7.00
20.11.2013
Wednesday
9.00 to 10.30 4.00 to 7.00
22.11.2013
Friday
6.00 to 10.30 4.30 to 7.00
28.11.2013
Thursday
7.30 to 10.30 4.00 to 7.00
December 2013
Auspicious days
06.12.2013
Friday
6.00 to 10.30 4.30 to 7.00
09.12.2013
Monday
9.00 to 10.30 4.00 to 7.00
11.12.2013
Wednesday
12.12.2013
Thursday
7.30 to 10.30 4.00 to 7.00
13.12.2013
Friday
6.00 to 10.30 4.30 to 7.00
19.12.2013
Thursday
7.30 to 10.30 4.00 to 7.00
27.12.2013
Friday
6.00 to 10.30 4.30 to 7.00
30.12.2013
Monday
9.00 to 10.30 4.00 to 7.00
Humour Corner
9.00 to 10.30 4.00 to 7.00
No English dictionary has been able to explain the difference between the two words ‘COMPLETE’ and ‘FINISHED’. Some people say there is no difference between ‘COMPLETE’ and ‘FINISHED’. But there is, when you marry the right partner you are COMPLETE and when you marry the wrong one you are FINISHED! When your partner catches you with another person of opposite sex you are COMPLETELY FINISHED and when your partner likes shopping so much you are FINISHED COMPLETELY!!!
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October-November 2013
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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.
Central Zone
North 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) 19800 - 31500 13500 - 22500 34200 - 58500 18000 - 22500 13500 - 27000
South Zone Locality
PriceRange (Rs./Sq-ft)
Appa junction Attapur Hydeguda Rajendra Nagar Shadnagar Shamshabad
2600 - 3300 2300 - 2500 3000 – 3500 2400 - 3000 1200 – 2000 2100 - 3700
G.O Watch G.O.Ms.No.407 The MA & UD Department vide this G.O. dated 31.08.2013 has included the areas covered by 15 Gram panchayats within the limits of Greater Hyderabad Municipal Corporation. G.O.Ms.No.463 The Revenue Department (Registration) vide this G.O. dated 17.08.2013 has rationalised the Fee
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Price Range (Rs./Sq-Yrd) 13500 - 18000 16200 - 22500 18000 – 22500 16200 – 31500 1800 – 5850 2700 – 4950
Locality
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
West Zone 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
Structure for Registration Fee Payable under various Categories under Section 78 of the Indian Registration Act 1908. They have also fixed the rates for conducting search and issue of encumbrance certificates. Memo No.S1/11217/2010 The Commissioner and Inspector General of Stamps vide this Memo dated 26.07.2013 has given instructions to all registration offices to discontinue the classification of documents as “Gift Settlement Deeds”. Self acquired
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
Price Range (Rs./Sq-Yrd)
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
property when gifted to family members will attract 6% stamp duty. Only inherited property on which the giftee has a claim can be considered as a gift attracting 3% stamp duty. WP MP No.20444 of 2013 The High Court of Andhra Pradesh vide this order dated 14.06.2013 has given a Stay Order to the Directorate of Mines and Geology saying that Seigniorage Fee cannot be levied where gravel is extracted and reused in the very area where construction is being carried on.
Project Watch
Project Watch
Dawn of Gowra Hallmark Townships Pvt Ltd
Value A for money Gowra Hallmark Townships is coming up with two centrally located, well equipped gated communities to suit a wide range of customers, reports Niddi Mishrra
ditya Gowra and Koripalli Gopala Krishna have joined hands to form Gowra Hallmark Townships Pvt. Ltd. with a vision to build “World class” residential projects. The company is coming up with two premium gated community projects at Manikonda , close to Jubilee Hills and HiTrch city and adjoining Lanco Hills. ‘Palm Breeze’ spread over an area of 11 acres would comprise of villas and apartments and while ‘Green Living’, spread over an area of approximately 4 acres which consists of 264 multi storied residential apartments. Promoters’ Background Over the past two decades Gowra Ventures Pvt. Ltd, has been spearheading the growth of the real estate vertical of 5 decade old vibrant and versatile Gowra Group which has footprints in diverse sectors like - Pharma, Petrochemicals, Leasing, Finance and Software. Gowra Aditya
Gowra Aditya is an engineering graduate having about two decades of experience in construction field and also has immense experience in construction management and administration. The strict financial discipline for which Gowra Group is known for coupled with impeccable professionalism has helped him to ensure quality, faster delivery of projects as planned and committed to the
customers. Gowra Ventures has developed more than a half a million sft land mark commercial complexes in CBD at Begumpet. The clientele includes Tata Group companies, State Bank of India, ICICI, Deloitte, BASF, Anchor, Panasonic etc which demonstrates a testimony of their commitment to quality, innovative design and dedicated support services. Gowra Ventures has recently completed and handed over ‘Gowra Tulips’, a gated community consisting of more than 100 apartments with all modern amenities at Madhapur. The ongoing 6 lakh sq ft commercial venture at Gachibowli- ‘The Platina’, developed in consortium is a LEED certified Grade ‘A’ eco friendly green building project, which has been well received by investors as well as business houses. Koripalli Gopala Krishna, a first generation entrepreneur founded Outdoor Media, a renowned OOH(Out of Home) advertising agency in 1990. Post the success of Outdoor, he Founded Ushodaya Constructions Private Limited in 1997 which carved a niche for itself with 10 premium residential apartments Koripalli in Jubilee and Gopala Krishna Banjara hills. Some of the noted ones are Hallmark Hill View apartments, Hallmark Nivas and Hallmark Residency. In a short span of seven years, Ushodaya under the able stewardship of Gopala krishna , could
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Project Watch complete 10 projects . This astounding feast lead to the formation of Hallmark Constructions in the year 2004 with a renewed focus to develop multi-storied residential gated community. This dream was realised with Express Towers and Hallmark KSN Residency which was completed and handed over in time while maintaining high standards of quality and top end amenities. These iconic residential projects are a land mark of its own which firmly established “Hallmark” brand in multi-storied residential space. Gopala krishna is known for his pragmatic approach and astute planning skills, well supported by his professional and dedicated team. This has enabled Hallmark to deliver time bound projects upholding highest standards of quality. Gowra Hallmark Townships Private Limited, is embarking on replicating these success with Palm Breeze, a premium residential villa project and Green Living, a gated community apartment complex in Manikonda. Launch of two Premium Gated Community projects at Manikonda T he two reputed developers known for their impeccable track record have now synergised their resources and strengths to launch 2 maiden projects ‘Palm Breeze’ and ‘Green Living’, at Manikonda. Location advantage: Palm Breeze and Green Living are centrally located at a radius of 4kms from Jubilee Hills, Financial district, Outer Ring Road (ORR), Hi-tech City. Special IT Economic Zones- NSL and APIIC at Rayadurgam are located just 2 kms away from the project. The vicinity also boasts top notch schools like DPS , Oakridge and shopping malls - Lanco and Inorbit. Palm Breeze The high end gated community is a judicious mix of 70 villas and additional luxury apartments spread over 11 acres. The minimum plot area of each villa is 400 sq. yard with 4500 sft. built-up
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What customers of past projects say! We were impressed with the quality, style and design of construction of Hallmark KSN Residency, when we first went to visit a friend there. We then bought our apartment and are happy to have our house there. I would recommend them to everyone for their high level of commitment and the supreme quality material used by them”. -Suresh, Partner, Accenture & PallaviFormer Senior Manager HR, The Times of India. Hallmark constructions are one of the best builders that I have come across in AP till date. I am extremely satisfied with the work they have done to build Express Towers, which compelled me to buy a flat there. They are honest and genuine people and I wish them best in future.” Captain Ramesh Menon We feel the team at Gowra Ventures is extremely professional, courteous, responsible, customer friendly and efficient. We always enjoyed the no-pressure attitude that was extended to us during the decision making phase. The process of taking us through their projectGowra Tulips at Madhapur, providing excellent support for loan, registration, interiors and helping us move in according to our schedules made our life easy. They have demonstrated great attention to detail with the construction quality, wiring and building support systems. We love the house and I am thankful to them for making this such a positive experience for us.” Sreejith kaimal, Senior Analyst, United Health Group. area. Some of the villas are in G +1 (Ground Plus one) format while others in G+2 (Ground Plus two). The villas have been designed to ensure best ventilation, sun light and better space utilization, picturesque view, ample green pockets, elegant elevations and scenic landscaping. Solar water heating system, and two car parking spaces are being provided in each villa. While each block of apartments is in ground + 5 floors format. The flats range from 2000 2900 sft in size and have tot-lot, covered parking space and other amenities. Spacious Club house with swimming pool, gym, mini banquet hall, guest rooms and indoor games will ensure right ambience to inmates in their leisure time. Green Living Good news for those of you looking
for your sweet home in the mid-sized segment; the multi-storied residential complex boasts of 264 apartments of 2 and 3 BHK. The 2 bedroom apartments range from 1320 to 1390 sft, while the three bedroom apartments are between 1600 to 2200 sft. well planned spaces, ambient lobbies provide ample open breathing spaces to the dwellers. Each block is G +7 storied with good parking slots and driveway. A full-fledged club house and central court yard provide scope for recreation and relaxation. Commenting on the value of the property that the customers can look forward to Gopal Krishna says “The kind of development, infrastructure facilities and ambiance we are going to provide to the customers assures them of high market appreciation and rich dividend through rentals as reaped by our customers in previous projects. Easy accessibility to your work place is the cynosure of the project.” Gowra Aditya adds, “Our firm commitment for quality backed by technically strong and dedicated team of professionals will ensure timely delivery and customer delight.” If you are looking for your dream home or desire to make an investment in a residential property, Palm Breeze and Green Living are valuable options that you cannot afford to miss. For further information or enquiries contact: Murthy – 9849056529, murthy@gowrahallmark.com/ Sasi – 80096699979, sasi@gowraventures.com Advertorial
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
Project Watch
Pragati: the global holistic
health destination A
Pragati ensures you to lead a life full of holistic health, wealth and wellness. Its rich experience of promoting biodiversity to be replicated globally - United Nations
ndhra Pradesh in fact! India is very lucky to have Pragati in vicinity of Hyderabad city. Ahmed Djoghlaf, Executive Secretary, Secretariat of the Convention on Biological Diversity, United Nations Environment Programme, from Montreal, Canada, after visiting Pragati Resort on the occasion of the 11th Conference on biodiversity held in October 2012 at Hyderabad was extremely impressed with Pragati’s vision and huge collection of medicinal plants. During his discussion, he expressed that the mayors from 300 cities of the world, who visited Pragati should create such places in their respective cities after learning the biodiversity management principles,
planning, creation and maintenance process from Pragati. Pragati implies: Excellent progression i.e. continuous. The place created by Pragati ensures one to lead a life full of holistic health, wealth and wellness … the theme of Pragati, as envisaged in the logo. ‘Pragati –The destination of joy’ emphasises clearly this aspect. Destination is the ultimate event of goal achievement i.e. attainment of total health. Joy is the result of health. Pragati is the only place of continuous progression in achieving all the dimensions of total health by providing joy in every aspect of life. Genesis of holistic health care can
be traced back to more than 5,000 years ago from India and China, where great stress was laid on living a healthy way of life which was in harmony with nature. In the 4th century BC, it was Socrates who warned against treating only one part of the body. Today holistic approach is gaining popularity as it offers the connection of body, mind and spirit with a goal to achieve maximum well-being, where everything functions in the very best possible way. It is with holistic health care that people accept responsibility for their own level of well-being. Basic principles of holistic health care: Holistic health care is built upon the law of nature which states that a whole is made up of interdependent parts which comprise of the physical, mental, emotional and spiritual. Thus when one part is not working at its best, other parts of that individual are affected too! This principle also states that everything in the environment is constantly interacting with everything else in the surrounding environment, for e.g. anxiousness over an
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Project Watch exam may result in a physical reaction. Pragati offers its services by providing holistic health and wellness through its Ayurvedic and Naturopathic treatment facilities, development of herbal and medicinal plants, production and usage of Ayurvedic products and formulations with complete scientific know how, customised food, beauty and body rejuvenation spa, besides working for promotion of bio-diversity, square foot gardening and creating awareness on importance of plants and environment. How can one achieve total health? The immediate and only answer is by way of following natural principles of life and enabling people to live in a natural atmosphere, undeterred by any kind of pollution but bettered by a holistic approach in a natural living style for diagnosing, counseling, treating and post treatment follow-ups. Pragati has taken up the task of creating nature friendly, (0) polution, biodiverse, clean, green, sheen, lovely, lively and heavenly living places for a holistic life. Once barrren place has now turned into a holisitic health village: An arid, rocky and unattended place 15 years ago, now has been recreated inno vatively and tranformed by one and only visionary Dr.GBK Rao into a lush green, biodiverse place, along with the support of his team of fully dedicated and committed staff. Upholding the practices of Indian scientific traditions, sacred rituals, methods of preservation and conservation of all the creatures and process of worshiping mother nature, Pragati transformed this wasteland into a heaven, enriched with all the natural principles of living together, growing together and sharing energies together by maintaining a balance of all the features.
Salient Features of Creation: *A place with eco and bio friendly ambience of uncomparable, unique nature, which reflects bio unity in bio diversity * 2500 acres of land, surrounded by 25 lakh plants covering mostly Indian heritage flowering trees, tropical plants, aroma plants and more than 650 varieties of medicinal herbs which bring people closer to wellness and good health.* Serene atmosphere, where inhaling aroma directly from the flowers and leaves of sacred and Indian heritage plants makes one free from disease and imparts soothening effect to all the senses *Gowshala with 90 Country Cows *Variety of compost fertilser generation facility- bio-fertilserVermicompose, Cowdung, Green Leaf Mold, Bio pests, Neem, Tulasi, Vidnaga, Gow Mutra etc * Nursery-general plants, medicinal plants, aromatic plants, vegetables, seeds bank *SFG –Square foot Garden concept for fresh vegetables and fruits –for houses, apartments and open plots Pragati Resorts Facility in 85 acres with full-fledged amenities including Wi-Fi and lot of recreational facilities enjoyable for all age groups. • One of the world’s few resorts to obtain Integrated Management Systems for ISO 9001:2008, ISO 14001 & OHSAS 18001, an organic farming certification • Swimming pool, Rain Dance, Golf Court, Play grounds, Children’s’ place • Having the certificate for production and sale of Organic vegetables and fruits from India’s National Programme for Organic Productions. • Delicious, nutritious and balanced tasty food facility • Conference halls ranging for 25 to 2000 people accommodation • Open air auditorium • Adventure sports and fun games Pragati’s Green Credentials at a glance: Pragati Herbal Healing Garden Resort proudly presents itself
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as one of the serious stake-holder in the noble endeavor of promoting, preserving and utilising our rich biodiversity and protecting mother earth from global warming. • Around 8500 herbal plant varieties have been identified and used in Ayurveda. More than 1400 varieties, which are used by tribals have not come into record. They have been written as unknown in our records. Though the tribals have lost the touch of herbs, Pragati has taken a gigantic task to identify herbal and medicinal plants with medicinal values. • For the past 2 decades, Pragati Group has been involved in the collection of mother plants, propagation, multiplication and cultivation of a number of indigenous (to Deccan Plateau) and exotic medicinal and aromatic plants/trees. • At Pragati, the valuable heritage plant treasure is planted in groups of specific importance such as Pavitra Vrikshalu, Kadamba Vanam, Nakshatra Vanam, Sugandha Vanam, besides Mosquito repellant natural plants, which makes Pragati mosquito free place. Square foot Gardening: The theme of this square foot gardening as introduced by Pragati Resorts is that you can grow the organic vegetables (without using chemicals and pesticides) at home with lesser effort, less water, lesser space and time and get more yield.
Project Watch • Opening up pores of the skin to facilitate detoxification process • Regeneration of blood vessels • Rejuvenates valves of veins of lower limbs and thus stops back flow of blood • Enhances blood purification • Strengthens muscle fibers of vessels
blood
• Improves hemoglobin and thus oxygen carrying capacity to each and every part of the cell Hydro therapy of different kinds in Spa results in cell membrane stimulation, improves absorption and adsorption of nutrients, strengthens each cell by way of better nutrition, invigorates by way of sufficient Oxygen supply and evacuation of toxins.
3-R’s concept: Pragati constantly strives to protect the environment by adopting 3-R’s concept. REDUCE - Adopting various water conservation methods, use of solar energy, bio-gas, and wastage minimisation. REUSE – Huge quantities of vegetative waste / bio-mass (plants, trees, vegetables & fruits) are converted into rich organic manure. RECYCLE – Re-cycling waste water (sewage treatment plants) and supplying to plants and landscaped areas through drip and sprinkler irrigation systems. Pragati’s holistic health promotion initiative n
Completely Ozone sterilized services right from water to food : Diagnosis to Treatment
n
NABHL recommended CGHS Ayurveda faciity (to be empanelled soon )
n
AP State govt. referral Ayurveda Hospital in the process
n
DSIR recognised and registered inhouse R & D developed products of Pragati Bio-Pharma
Highlights of Holistic Healing and Wellness Centre: *Independent Cottages for Peace, privacy and practical approach in treating ailments* Ahara ---Customised Food Spa *Vihara---Warm-
up and exercise centre with Yoga and Meditation Centre *Oushadha---In house pharmacy *Chikithsa ---24 hour Residential Medical Officer *Wellness consultation *Ayurvedic and Naturopathic SpecialistsPanel of different specialties on call *Ayurvedic surgery services *Panchakarma centralised center with separate facility for male and female *Seasonal and day to day massage and steam bath --Male and female therapists*Treatment Packages for professionals, illness, disorders, disease, life style disorders, preventive and curative specific ailments Pragati Sparsh – Natural Spa: endeavor is to offer its services in the destination of joy through ‘The Salutary touch for holistic healing’. Essentially takes you back to the nature. It’s not just for ailments that people visit a spa but for beauty therapy and even simply for rejuvenating the body. There are specialised treatments that cater to each part of your body. Spa as a place devoted to overall well-being through a variety of professional services that encourage renewal of mind, body and spirit. A spa where you have a lounge to decompress, a design-forward environment that appeals to both men and women. Spa therapies of different kind results in:
Hydrotherapy through Vichy Shower: Hydrotherapy is used to stimulate or reinforce the curative effects with cold, hot water or both of them. Improves blood circulation, relieves fatigue, stimulates gastric peristalsis and recovers the elasticity of skin, improves metabolism as well as immunity. You can enjoy the relaxing massage physically and mentally through the energy light with color.
Steam Cabin Single Person with Ozone therapy: Relaxes and loosens muscles by reducing the buildup of lactic acid and increasing muscle flexibility. Oxidizes toxins so that they can be eliminated through the skin, lungs, kidneys and colon (large intestine). Boosts blood circulation, helping injured muscles to repair quicker. Eliminates bacterial and viral infections of all kinds and helps in better absorption of vitamins.
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Project Watch with holistic development of the society has distributed herbal plants in schools, and universities under a special campaign and in Hyderabad on the day of World Environment week celebrations plantation in respective colonies and individual houses has been taken up. In Guntur have taken up ‘to make it a clean, green and environment friendly city’ by way of efficient waste management Cryolipolysis a body slimming machine with assured inch loss: and develop greenery. The trust Cryolipolysis selectively targets fat bulges and eliminates fat cells through a has joined hands with NJR – gradual process. It’s a slimming machine. In the treated area, the fat cells are KLR city (170 acres of HMDA gently eliminated by body’s metabolism process. There is no pain, no risk. Single approved layout in Medchal town ) to make it as Pragati NJRtreatment can reduce 20-30% fat. KLR city with inputs of herbal, medicinal, aromatic plantations, and tissues and correct imbalances in developing the place as green, heavenly the physiology over time, safely, without living and lovely place. Pragati has been causing side effects. Pragati has ventured into Research and Development activity invited by Bramha Kumari Samithi, Mount Abu to convert the no-go areas at Coal and started Pragati Bio Pharma Pvt. Ltd. India into green areas. Pragati is involved • Pragati Bio pharma, conducts research in training MCH - horticulture dept and on every aspect of herbs and minerals farmers too. and standardises their contents, which are in the form of phytochemicals— Dr. GBK Rao, CMD Pragati Group natural chemicals, essential minerals, says: We have to bring awareness in the trace elements, natural chemicals that public on what is biodiversity for which Colon Hydrotherapy: Colon Pragati has already been recognised offer medicinal and nutritional value Cleansing: By cleansing the colon globally. Pragati is all set to impart this (large intestine), toxic material is • Pragati Bio-Pharma has R & D knowledge and to create awareness in broken down and it can no longer Facilities, Microbiologists, Taxonomists, the whole of India, particularly to begin harm your body. It helps to rejuvenate Chemists, Ayurveda doctors recognized with Hyderabad where the parks are the body and prevent diseases. It already being used by morning walkers. internationally. helps in treating chronic diseases Pragati adheres to it’s declaration of • Pragati Bio-Pharma has obtained two like asthma, diabetes, digestive making ‘Hyderabad as patents, one for sweet diabetic honey disorders, migraine, constipation, the herbal City’ and and another for MR-777, a bark extract obesity etc. Andhra Pradesh as the that reduces the Creatine Phosphomost beautiful state. Kinase (CPK) level in children suffering The chief aim of from muscular dystrophy. holistic approach is to • Besides Pragati has recently filed patent prevent diseases and to applications on three more products a maintain radiant health. natural sweetener that is anti-diabetic It is a way of looking at and anti obese, a herbal painkiller and life, health and disease a solution for impotency. and teaches us how to protect our body • Patent and proprietary products to from the attacks of diseases and ways meet the challenges of today’s life to get rid of them. It also teaches the style including medicines for all pains principles of scientific dieting and right of muscles, bones and joints, Arthritis living, the principles of power, and the Sauna bath with chromo light , Sciatica , Back pain, Spondylosis, means by which we can maintain a high therapy and music therapy: In female executives to combat day to day standard of health, vigour, vitality and a sauna the heat acts more quickly stress, male executives to combat day efficiency upto our ripe old age. Plants, to eliminate toxins through the skin, to day stress, senior citizens to combat animals and everything existing in this stimulates blood flow and increases ageing stress and a general nutrient world are all a part of evolution. And the heart rate. It promotes hormone that nourishes and balances with lost hence let all the creatures with their own production, reduces resistance to nutrition due to irregular and junk food features co exist. Let all the creatures respiration and improves mental habit, tonic for children to withstand nourish each other. Let all the creatures outlook. initial teething problems and an oil for work together. Let all the creatures Pragati Bio-Pharma Private external application in all kinds of pain. progress together. Let the human being, Limited in nut shell being the superior creature take care of Corporate Social Responsibility itself and maintain the balance of nature Herbs are the repositories of the most and Pragati: On behalf of Pragati concentrated form of nature’s intelligence. Foundation–Pragati’s trust entrusted to sustain the uniqueness of biodiversity. They offer potent nourishment to the cells
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Project Watch
Pragati Resorts receives Award for Excellence under ‘Best Eco-Friendly Tourism Project – 2013’ category from Vatti Vasant Kumar, minister for Tourism, Tourism Department, Government of Andhra Pradesh on World Tourism Day Celebrations
Testimonials
What esteemed visitors, guests and customers have to say about Pragati
I
was much impressed by the good work done here to restore and value biodiversity. It is a good model for others to follow. — Braulio Ferreira de Souza Dias, Executive Secretary, Convention on Biodiversity, Canada I am taken in by the natural beauty of this place. Surprisingly all this is created true to nature by Shri GBK Rao and his associates with great distinction and love for nature and pure environment. I would like to settle down here to spend the last phase of my life, before I may be with nature ultimately. — Her Excellency Rama Devi, Former Governor of Karnataka I have come today with my wife and two children to this oasis, full of life, vegetation and water. I have had an occasion to see rare plants, some of them extinct varieties. The swimming pool is such an excellent experience for my children that it was with great difficulty I could pull them out of the place. I am very much thrilled to see so much of greenery and water. I am told that Pragati resorts is getting ISO 2002 certificate. I am sure that they would be certified ISO 14002 soon. I wish I had some more time to spend here.
I would certainly love to visit this place again. I congratulate Mr. Rao CMD and his entire staff and wish them all the best. — Ch.D. Tirumala Rao - IPS, Cyberabad IGP, North Coastal Zone A wonderful place for unwinding. I admire the passion and zest of Dr. Koteswara Rao and his associates in bringing up such an excellent facility. I wish the city folk utilise it for their own sake. The natural systems which Dr. Koteswara Rao is bringing back are our own and are engrained in our culture and tradition. I wish the venture every success. — A.K. Khan, IPS , Former Commissioner of Police A great commitment to nature, mother earth, a great effort for a decade to create heaven here. My salutations to Sri G.B.K. Rao for his vision and sustained efforts. All of us express our sincere gratitude and appreciation for all that he has created and maintained.— Dr. Vara Prasad Reddy, MD, Shantha Biotech To someone like me, who’s been head of the tourism department, Govt. of India, this resort has just that extra significance. Here’s an example of imaginative profile, having set nature, as it were.
In fact, one might add, in this case, the most complete human being has created the finest possible environment. — J.M.Lyngdoh, Former Chief Election Commissioner, Govt. of India. I have visited 27 countries and stayed in many in ultra modern and highly automated and lavishly extended facilities but the kind of heart touching and immensely impressive hospitality with a combination of such a wonderful world’s best natural garden of health and peace I have neither visited nor had the chance to experience anywhere except in Pragati Herbal Resorts. One who is in search of heavenly pleasure and wants to be close to nature for health and mental peace, everything is available at Pragati Herbal Resorts. — Neel Kantha Uprety, Chief Election Commissioner of Nepal, Govt of Nepal The resort is beautiful and enjoying. The concept of eco-tourism is nicely applied in building this resort. Concern of management in maintaining ecology is visible from the layout of the garden for medicinal plants; ecofriendly cottages, and surroundings. It’s a place for visiting with family and friends for holiday. — V.P.Jauhari, retd IAS Advertorial
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October-November 2013
65
Listing
RESIDENTIAL
real estate
Listing of Projects
S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
Location:
1
Tirtha (India) Projects
Rock Cliff Apartments
2 & 3 BHK Apartments
1125 sft 1515 sft
Subramanyam - 9908155115
APPA Junction / Bandlaguda
2
Thirtha Projects Pvt Ltd.
Siddivinayaka
2 BHK Apartments
1170 sft - 1200 sft
Ravi - 9908155115
A S Rao nagar / Officers colony
3
Anuhar Homes
Colors
2 & 3 BHK Independent Flats
1166 sft - 1604 sft
Nagendra - 9866326099
Alkapuri Township, Manikonda
4
Anuhar Homes
A - Square
3 BHK Independent Flats
2120 sft - 2175 sft
Nagendra - 9866326099
Alkapuri Township, Manikonda
5
Anuhar Homes
Coral Bells
3 BHK Apartments
2600 sft
Nagendra - 9866326099
Alkapuri Township, Manikonda
6
Anuhar Homes
Yellow Blooms
3 BHK Apartments
2150 sft
Nagendra - 9866326099
Alkapuri Township, Manikonda
7
Thirtha Projects Pvt Ltd.
“Rock Cliff”
2 & 3 BHK Apartments
1125 sft - 1515 sft
Subramanyam- 9908155115
APPA Junction / Bandlaguda
8
Rajapushpa w
Rajapushpa Atria
2, 3 & 4 BHK Luxury Apartments
1350 sft - 3455 sft
Mohan Rao - 9553988822
Kokapet, Gachibowli
9
Jayadarsini Housing Pvt Ltd
Uttam Residency
Residential Duplex Apartments
1600 sft
Vinod K Uniyal 9849222922
Attapur
10
Jain Housing & Constructions Ltd
Jain Salzburg
2&3 BHK Residential Apts
914 Sft - 1273 Sq.ft
Syed imran - 86860 45960
Bandlaguda, Near APPA Junction,
11
Ramky Estates & Farms Ltd
Ramky One North
Residential Apts
1035 sft - 1375 Sft
Sridhar - 8105899779
Bangalore
12
Vamsiram Builders
Jyothi Blues
3 BHK Apartments
1615 sft
9849558979 / 9642323313
Banjara Hills Near TV 9 office
13
Fortune Group
Fortune Ikon
3 & 4 BHK Apartments
2125 sft - 3375 sft
7702333563 / 7702301233
Banjara Hills, Road No. 10
14
Vamsiram Builders
Jyothi Vista
4 BHK Apartments
4500 sft
9849558979 / 9642323313
Banjara Hills, Road No. 5,
15
Sri Krishna Builders
Krishna Elite
3 & 3 BHK Apartments
1600 sft - 1900 sft
Srichand Hinduja - 9292108365
Banjara Hills, Road No.10
16
Sri Krishna Ventures Pvt Ltd
Krishe Valley
Premium Residential Apartment
1850 sft – 4500 sft
Suresh Sarma– 9985228889
Banjara Hills, Road No.12
17
Fortune Group
Essjay Fortune
2 & 3 BHK Independent Flats
1165 sft - 2100 sft
7702333563 / 7702301233
Begumpet
18
Apurupa Infrastructure
Apurupa’ Srinivas Height
2 & 3 BHK Independent Flats
975 sft to 1565 sft
9949949439
Boduppal
19
Praneeth Developers
Praneeth Pranav Meadows
2BHK Independent Apts
1050 sft to 1400 sft
Varma - 9849615833
Bowrampet / Bachupally
20
Prem Constructions
Prem’s Sai Brindavanam
2 & 3 BHK Independent Flats
1107 sft - 1674 sft
9848027961
Chandanagar
21
Janapriya Engineers Syndicate
Janapriya Nile Valley
2 & 3 BHK Apartments
940 sft - 1495 sft
23222999
Chandanagar, Near Miyapur
22
Choice India Infra Projects
Guru’s Choice Residency
2 & 3 BHK Apartments
1150 sft to 1414 sft
V.Srinivas - 9441115599
East Marredpally
23
Alekhya Homes
Foot Prints
Residential
1165 Sft to 1510 Sft
Mr.Afroz : 9000729977
Financial District, Gachibowli
24
Alekhya Homes
Earth Song
Residential
1300 Sft - 1695 Sft
Mr. Afroz : 9000729977
Financial District, Gachibowli
25
Aliens Group
Aliens Space Station 1
2 & 3 BHK Apartments
1122 sft - 2208 sft
9966234234
Gachbowli - Tellapur
26
Jain Housing & Constructions Ltd
Jains Carlton Creek
2,3&5 BHK Residential Apts
1053 Sft - 2556 Sft
Syed imran - 86860 45959
Gachibowli
27
Patel Realty
Smondo
2 & 3 BHK Apartments
990 sft - 1435 sft
Ramesh - 7799881247
Gachibowli
28
Ramky Estates & Farms Ltd
Ramky Towers
Residential Apts
2235 to 5120 Sft
Tirupathi Reddy - 9989055127
Gachibowli
29
S & S Green Projects Pvt Ltd
Green Grace
3 BHK Independent Flats
2160 sft - 2870 sft
9052252222
Gachibowli
30
Vasudeva Realtors Pvt Ltd
Bloomfield Elation Towers
3 & 3 BHK Apartments
1320 sft - 2577 sft
9393696959
Gachibowli
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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
Listing
on offer
Listing of Projects
RESIDENTIAL
S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
Location:
31
Ramky Group
Ramky One Kosmos
2 & 3 BHK Luxury Apartments
1030 sft - 1575 sft
Srinivas Reddy - 8008102575
Gachibowli Nallagandla
32
S & S Green Projects Pvt Ltd
Green Meadows
2 & 3 BHK Independent Flats
1045 sft - 1435 sft
9052252222
Gachibowli Extension
33
Rajapushpa Properties Rajapushpa’s Pvt. Ltd. The Retreat
2 & 3 BHK Apartments
1250 Sft - 2107 Sft
Damodar - 9666988588
Kokapet, Gachibowli
34
Mantri Developers Pvt Ltd
Mantri Celestia
2 & 3 BHK Apartments
850 sft - 1198 sft
Srinivas Manda - 9177444769
Gachibowli, Near Wipro Junction
35
Modi Builders & Realtors Pvt Ltd
Splendour
Luxury Apartments
1716 sft - 1933 sft
9700085888 / 040-66336633
Gajularamaram, Kukatpally
36
Manjeera Projects
Manjeera Diamond Towers
2 & 3 BHK Independent Flats
777 sft - 1510 sft
66176617 / 23735194
Gopanpally Gachibowli
37
Aparna Shelters Pvt Ltd
Aparna Kanopy Tulip
2 & 3 BHK Apartments
930 sft - 1495 sft
9505201115
Gudlapochampally, Kompally
38
Andhra Infra Projects Pvt Ltd
Golden Ridge
1, 2 and 3 BHK Apartments
672 sft - 1664 sft
9440029000 / 8500040022
Gujularamara Quthubullapur
39
Sai Sai Ram Projects Limited
Sri Sai Ram Towers
2 & 3 BHK Apartments
1200 sft - 2800 sft
9346046071 / 72
Hafeezpet, Near Hitec-City
40
Sri Sai Ram Projects Ltd.
Sri Sairam Towers
High Rise Residential Apartments
1500 sft - 5000 sft
Pradeep - 9393559595
Hafeezpet, Near Hi-Tech City,
41
Theme Ambience Constructions
Fort View
3 & 3 BHK Independent Flats
960 sft - 1480 sft
9348521652
Himayathsagar Road
42
Cybercity Builders & Developers
Rainbow Vistas @ Rock Garden
Integrated Township
1250 sft - 2695 sft
Srikanth - 9989424444
Hitec City
43
Alekhya Homes
Wind Chimes
Residential
2200 Sft - 2700 Sft
Mr.Afroz : 9000729977
Hitex
44
Alekhya Design Homes
foot prints
2 & 3 BHK Independent Flats
1165 sft - 1620 sft
9553074447 / 9000729977
Journalist Colony, Near Wipro Circle
45
Bhanu Estates
Atria10
3 BHK Independent Flats
2061 sft - 2887 sft
040-27890917
Jubilee Hills
46
Vamsiram Builders
Jyothi Senate
3 BHK Apartments
3500 sft
9849558979 / 9642323313
Jubilee Hills
47
Vamsiram Builders
Jyothi Anri
3 BHK Apartments
3200 sft
9849558979 / 9642323313
Jubilee Hills, Opp. Andhra Jyothi office
48
Vamsiram Builders
Hyothi Signature
3 BHK Apartments
2800 sft
9849558979 / 9642323313
Jubilee Hills, Opp. Andhra Jyothi office
49
Vamsiram Builders
Jyothi Dwelling
3 BHK Apartments
2600 sft
9849558979 / 9642323313
Jubilee Hills, Opp. Andhra Jyothi office
50
Aparna Constructions
Aparna Aura
3 BHK Premium Luxury Apartments
1820 sft - 2406 sft
950520115
Jubilee Hills, Shaikpet
51
Saket Engineers Pvt. Ltd.
Saket Sriyam
Residential Apartments
1241 sft - 1999sft
Hari Babu - 9652352233
Kapra, A.S. Rao
52
Saket Engineers Pvt. Ltd.
Saket Pranaam
Residential Apartments
516 Sft - 1861 Sft
Hari Babu - 9652352233
Kapra, ECIL
53
Alekhya Homes
Jasmine
Residential
1140 Sft - 1695 Sft
Mr.Afroz : 9000729977
Kavuri Hills
54
Choice India Infra Projects
Choice India
3 BHK Apartments
2900 sft
V.Srinivas - 9441115599
Kavuri Hills
55
Hallmark Alekhya Homes
Green Canopy
2 & 3 BHK Apartments
1250 Sft - 1800 sft
Ramesh - 9849958853
Khajaguda, Beside Lanco Hills
56
Narne Homes
Carlton Creek
2 & 3 BHK Apartments
1364 sft - 2556 sft
Siva Prasad - 9885976647
Khajaguda, Near Gachibowli
57
Rajapushpa Properties Pvt Ltd
Rajapushpa’s THE RETREAT
2 & 3 BHK Apartments
1250 sft - 2107 sft
Mr.Damodar- 9666988588
Kokapet, Gachibowli
58
Modi Builders & Realtors Pvt Ltd
Palm springs
Luxury Apartments
1431 sft - 1910 sft
9700085888 / 040-66336633
Kompally
59
Fortune Group
Kumkum Heights
2 & 3 BHK Apartments
1155 sft - 1940 sft
7702333563 / 7702301233
Kondapur
60
Alekhya Homes
Bliss
Residential
1645 Sft
Mr.Afroz : 9000729977
Kondapur October-November 2013
67
Listing
RESIDENTIAL
Listing of Projects
real estate
S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
Location:
61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90
Adi Emerald Lahari’s Adi Emerald Janapriya Arcadia Nsl-Sushaanta Emami Swan Lake Vaddepally Enclave Vertex Prime Vertex Sadguru Krupa Alekhya Towers Cecon Manor Jyothi Lotus Krishna Dhaam Gowra Tulips Bollineni Homes Lanco Hills Domina Madhu Park Ridge Aparna HillPark Lake Breeze Aparna Hillpark Avenues Janapriya Metropolis Imperial Fortune Aparna CyberZon Aparna Sarovar Grandè Golf View Golf Edge N 95 Jyothi Maddula Venkatadri Heights Muppa’s Aishwarya Emerald Heights
3 BHK Apartments 3 BHK Independent Flats 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 Luxury Apartments Condominiums 2 & 3 BHK Apartments 2 & 3 BHK Apartments 2 & 3 BHK Independent Flats 2 & 3 BHK Apartments 2 & 3 BHK Independent Flats 2 & 3 BHK Apartments 3 & 4 BHK Apartments 2 & 3 BHK Independent Flats 2 & 3 BHK Apartments 4 BHK Apartments 4 BHK Apartments 2 & 3 BHK Independent Flats Apartments Luxury Apartments
1828 sft - 2214 sft 1828 sft - 2035 sft 925 sft - 1460 sft 1272 sft - 2090 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 1900 Sft - 4477 sq ft 1195 Sft - 1580 sq ft 1200 Sft - 2766 sft 1295 sft - 2335 sft 1150 sft - 1670 sft 850 sft - 1250 sft 900 sft - 1500 sft 1245 sft - 1855 sft 1920 sft - 3745 sft 1130 sft - 2050 sft 1034 sft - 2018 sft 3800 sft 5000 sft 990 sft - 1614 sft 1120 sft - 1400 sft 947 sft - 1895 sft
Prasad Vasireddy - 9963265559 9963265559 / 9963465559 23222999
Kondapur (Lahari Homes) Kondapur, Near Chirec Public School Kowkur, Near Alwal
Vamsi - 9581412794 Sreevikas , 8886922233 8978999449 / 9963222278 Ravi - 9396844261 Ravi - 9396844261 Aditya Mitta - 9248003369 30681972
KPHB
68
Srinilaya Projects Srinilaya Projects Janapriya Engineers Syndicate NSL Infratech Pvt Ltd Emami Constructions Sumashaila Developers Vertex Homes Vertex Homes Alekhya Constructions Limited Cecon Builders Vamsiram Builders Sri Krishna Builders Gowra Ventures Bollineni Developers Limited Lanco Hills Technology Park Lanco Hills Technology Park Madhu Infrastructure Aparna Constructions Aparna Constructions Janapriya Engineers Syndicate Fortune Group Aparna Constructions Aparna Infrahousing Theme Ambience Constructions Phoenix Living Spaces Choice India Infra Projects Vamsiram Builders Ventura Housing Muppa Homes Modi Builders & Realtors Pvt 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 Kukatpally, Nizampet Road L B Nagar, Hyderabad Lingampally
9849558979 / 9642323313 Srichand Hinduja - 9292108365 Sheelan - 8008004755 / 42005189 Chakravarthy - 9959090390 Amit: 080084 94973 Amit : 080084 94973 Narender - 9948837100 9010251099
Manikonda, Near Gachibowli Manikonda, Near Gachibowli Mehdipatnam, Near Langar House Miyapur, Chandanagar
040-23352708
Miyapur, Chandanagar
23222999 7702333563 / 7702301233 9010716060 9010484597 9348521652,
Motinagar, Near Ameerpet Moulali
9160098888 / 9160001559 V.Srinivas - 9441115599 9849558979 / 9642323313 9573563357 / 9573567357 9885512222 9700085888 / 040-66336633
Lutus Pond, Banjara Hills M J Colony (A.S.Rao Nagar) Madhapur Madhapur, Hyd
Nallagandla, Gachibowli Nallagandla, Gachibowli Nanakramguda Nanakramguda, Gachibowli Nandagiri Hills Nandagiri Hills, Jubilee Hills Narapally Narsingi Groth Corridor Pocharam
Listing
on offer
Listing of Projects
RESIDENTIAL
S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
Location:
91
Sai Sai Ram Projects Limited
Sri Sai Ram Green Meadows
2 & 3 BHK Independent Flats
1236 sft - 1918 sft
9346046071 / 72
Pragathi Nagar, KPHB
92
Sirisampada Constructions
Samvruddi Sirisampada
Residential Apartments
1600 sft - 1625 sft
Nagewar Reddy - 7702979752
Raghavendra Colony, Kondapur
93
Alekhya Design Homes
Jasmine
2 & 3 BHK Apartments
1140 sft - 1695 sft
9553074447 / 9000729977
Ravindra Society, Kavuri Hills
94
Alekhya Design Homes
marigold
3 BHK Apartments
2934 sft
9553074447 / 9000729977
Ravindra Society, Kavuri Hills
95
Alekhya Design Homes
Bird of Paradise
3 BHK Independent Flats
1683 sft - 1685 sft
9553074447 / 9000729977
Ravindra Society, Kavuri Hills
96
Hardhik Constructions ANMOL
Residential Apartments
1550 sft
D Venu , 9704966834
Ravindra society, Madhapur
97
Sai Shakti Projects
Bhaskara Signature
Residential Apartments
2532 sft
Arvind - 7799958259
S R Nagar
98
Janapriya Engineers Syndicate
Janapriya Lake Front
2 & 3 BHK Apartments
810 sft - 1200 sft
23222999
Sainikpuri
99
Saket Engineers. Pvt. Ltd
Saket Callipolis
Residential & Commercial Apts
1302 Sft - 2005 Sft
Prabeer - 9848877111
Sarjapur Road, Opp Wipro Main campus, Bangalore
100 Aditya Housing & Infrastructure
Empress Towers
Residential Apartments
1575 sft - 2385 sft
Ramakrishna - 9912225072
Shaikpet, Jubilee Hills
101 Alekhya Design Homes
Wind chimes
2 & 3 BHK Apartments
2500 sft
9553074447 / 9000729977
Shilpa Hills, Hitec City
102 Aditya Construction Company
Aditya Silicon Heights
Residential Apartments
1325 sft - 1700 sft
Ramakrishna - 9912225072
Tellapur - Gachibowli
103 Aditya Construction Company
Express Towers
Residential Apartments
1575 sft - 2385 sft
Ramakrishna - 9912225072
Tellapur - Gachibowli
104 Vishal Projects Ltd
Srinivasa Krupa
Residential Apartments
1835 sft - 2738 sft
Karunakar - 9666669835
Trimulgherry. R.T.C.Colony
105 Sai Shakti Projects & SVAS infra
Ashoka Springfields Residential Apartments
1245 sft - 1760 sft
Akilesh - 8897088000
Chandanagar, Near BHEL
106 Vasavi Group
Vasavi’s Shantiniketan
Residential Apartments
1200 Sft to 3000 Sft
Vijay Kumar Y - 9866487555
White Fields, Kondapur
107 Vavasi Group
Vasavi’s Brundavanam
Residential Apartments
1200 Sft to 2000 Sft
Vijay Kumar Y - 9866487555
Moti Nagar, Hyderabad
108 Vasavi Group
Vasavi’s Bhuvana
Residential Apartments
2200 Sft to 3500 Sft
Vijay Kumar Y - 9866487555
Sri Nagar Colony
109 Vasavi Group
Vasavi’s Grande Vista
Residential Apartments
1200 Sft to 3200 Sft
Vijay Kumar Y - 9866487555
Dairy Farm Road, Alwal
110 Shanta Sriram Constructions
Padmanabha Residency
2 & 3 BHK Luxury Apartments
1221 sft to 1854 sft
9951355885 / 04065656500
Padmarao Nagar, Secunderabad
111 Shanta Sriram Constructions
Harmony Heights
2 & 3 BHK Gated Community
940 sft to 1454 sft
9951355885 / 04065656500
Padmarao Nagar, Secunderabad
112 Shanta Sriram Constructions
Satellite Township
Spacious 2 & 3 BHK Super Deluxe Apts
1180 sft to 1513 sft
9951355885 / 04065656500
Bowenpally, Near Suchitra Jn
113 Shanta Sriram Constructions
Sunshine Residency
2 & 3 BHK Luxury Apartments
1100 sft to 1503 sft
9951355885 / 04065656500
Gachibowli, Near NASR School
114 Shanta Sriram Constructions
Supreme Residency
3 BHK Luxury Apartments
1600 sft to 1642 sft
9951355885 / 04065656500
Hitech City, Near E-Park
115 Shanta Sriram Constructions
Chalet Meadows
2 & 3 BHK Luxury Apartments
1183 sft to 1815 sft
9951355885 / 04065656500
Musheerabad, Near Raja Deluxe
116 Gowra Hallmark Townships Pvt Ltd
Green Living
Residential Apartments
1200 sft to 2200 sft
9849056529, 8096699979
Manikonda
117 Sanvi Infra Projects Pvt.Ltd
Sanvi’s Sri Abode
2 & 3 BHK Apartments
866 sft to 1660 sft
T Surya Prakasa - 9885659463
Bachupally
118 Matrix Infra & Developers
Matrix Tulip
2 & 3 BHK Apartments
1200 sft to 1900 sft
Reshma Banu - 9246227833
Kondapur, Opp. RTO Office
119 Sirisha Constructions
Lotus Bliss
3 BHK Apartments
2050 sft to 2100 sft
Satish Dayal - 9666859159
Ravindra Society, Jubilee Hills Road No.36 October-November 2013
69
Listing
Villas
real estate
Listing of Projects
S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
Location:
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 28 29 30 31
Neville Namaha Lakewood Keerthi Richmond Villas SRK Green Park Praneeth’s Pranav County Symphony Park Homes Bommarillu Golden City Aditya Ville Grande Praneeth Pranav Meadows Orion Villas Bloomfield Elation Villas Bloomfield Ecstasy first leaf Cannon Dale Suchir’s Koral Reet Sunshine Park Aparna Kanopy Lotus Sterling Homes Wonderful World Rajapushpa’s OPEN SKIES Rajapushpa’s CANNON DALE Saket Bhusattva Vaddepally Enclave Ramky Pearl Vertex Lake View Bollineni Homes Vishal Sanjivini Hanging Gardens Jayadarsini Township Namaha Rhythm Greenwoods
1, 2 & 3 BHK Premium Flexi Villas Independent Villas 4BHK Triplex Villas 3 & 4 BHK Independent Villas Independent Villas Independent Villas Independent Villas Residential Villas Independent Villas 4 BHK 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 3 & 4 BHK Independent Villas Luxury Duplex and Triplex Villas Luxury Triplex Villas Premium Villas Independent Triplex Villas Independent Villas HUDA Approved 4 BHK Triplex Villas Residential Apartments Villas Villas Duplex Villas Independent Villas Independent Villas
1101 sft - 1579 sft 375 Sq Yds - 4300 sft 3400 Sft - 4037 Sft 167 Sq Yds - 350 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 360 Sq Yds - 520 Sq yds 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 259 Sq Yds - 302 Sq Yds 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 5800 sq ft - 5850 sq ft 300 Sq Yds- 2000 Sq Yds 167 Sq yds - 267 Sq Yds 1490 sft - 1494 sft
040-23038888
Ameenpur Village
MINOO – 98483 02929 Meena Reddy - 9966603939 8008577707 / 08
APPA Junction
Murari Bhagat - 9959615853 9849844488 / 7799766662 Ria - 9666201016 / 32556399 Ramakrishna - 9912225072 Varma - 9959615833 Vamsi - 9581412794
Beeramguda Near BHEL BHEL
70
Sunway Opus Grand Namaha Estates Keerthi Estates P L SRK Green Avenues Pvt Ltd Praneeth Developers Safeway Infra Bommarillu Farma & Villas India Ltd Aditya Housing & Infrastructure Praneeth Developers NSL Infratech 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 Pooja Ventures 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 Lanco Hills Technology Park Jayadarsini Housing Pvt Ltd Namaha Estates Modi Builders & Realtors Pvt 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
APPA Junction, Near Glendale Academy Bachupally ‘X’ Roads
Bhongiri Bowenpally, Near Suchitra Junction Bowrampet Gachibowli
9393696959
Gachibowli
9393696959 Sudhamsh Reddy - 9703752225 Sathish Varma - 9666988688 66685000 / 6000 9700085888 / 040-66336633 9505201115 9700085888 / 040-66336633 9010770000 / 66770000 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 Amit : 080084 94973 Vinod K Uniyal - 9849222922 MINOO – 98483 02930 9700085888 / 040-66336633
Gachibowli Gopanpally Gachibowli Gopanpally Gachibowli, Kokapet Genome Valley, Shameerpet Ghatkesar Gudlapochampally, Kompally Gundlapochampally, kompally Kismatpur, Junction Near APPA Kokapet at Gachibowli Kokapet at Gachibowli Kompally, Gowdevally Kukatpally Kukatpally Kukatpally, Nizampet Road Madhapur, Hyd Maheshwaram, Behind Fabcity Manikonda, Near Gachibowli Medchal Miyapur Dundigal
Listing
on offer
Villas
Listing of Projects
S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
Location:
32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48
Aparna HillPark Gardenia Harmony Homes Beverly Slopes My City Suchir’s Timberleaf Icon’s Isle Vision Infiniti Homes Tudor Ken Lake View Info Tech City JIVIKA at Rajeshwara Poulomi Aristos Infiniti Homes Vision’s Urjith Palm Breeze S V Avenues Sri Ram’s Ayodhya
116 - 3 BHK Luxury Villas Independent Villas 3 BHK Independent Villas Villas 4 BHK Independent Villas 3 & 4 BHK Independent Villas 4 & 4 BHK Independent Villas 4 BHK Luxury Villas 3 BHK Independent Villa Independent Villas Villas in Gated Community Premium Independent Villas Independent Villas Independent Villas Independent Villas Independent House Independent House
3409 sft - 3475 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 - 575 Sq Yds 289 Sq Yds - 311 Sq yds 2652 sft - 2665 sft 267 Sq Yds - 600 Sq Yds 300 Sq. Yards; 3300 sft (Built Up Area) 380 Sq Yds and above 3800 sft - 4500 sft 460 Sq Yds - 1100 Sq Yds 4200 sft 150 Sq Yds with 1200 sft House. 133 Sq Yds – 240 Sq Yds
9912111592
Miyapur, Chandanagar
9700085888 / 040-66336633 9849044396 / 9000001169 9849044396 / 9000001169 66135000 / 6000 / 7000 9849044396 / 9000001169 9989999853 / 9989999856 7702777549
Shamirpet
Aparna Constructions Modi Builders & Realtors Pvt Ltd Green Home Green Home Suchir india Green Home Vision Avenues Pvt Ltd Tudor Infrastructure Theme Ambience Constructions Headway Properties Aditya Constructions Poulomi Estates Pvt Ltd Vision Avenue Pvt Ltd Vision Avenue Pvt Ltd Gowra Hallmark Townships Pvt Ltd S V Builders Sri Rama Developers
Shamshabad Shamshabad Shamshabad Shamshabad Airport Road Tellapur Tellapur
9348521652,
Tolichowki
G. Phani Raj - 9052228302 Avinath P - 9849794002
Tummalluru Miyapur, Bachupally Road
Prashanth Rao - 9849044140 66785856 / 57
Kokapet Tellapur Village
66785856 / 57
Tellapur Village
9849056529, 8096699979 Rangaraju - 8374499444 D. Ram Mohan - 9985648555
Manikonda Ameenpur, Chandanagar Bahadurpally
Listing of Projects S.No. Company: 1 2 3 4 5 6 7 dal 8 9 10 11
Plots
Project Name:
Property Type:
Size Range:
Contact No:
Location:
Lahari Green Park Vasundhara Projects Pvt Ltd Oorjita Projects Aparna Shelters Pvt Ltd Primus Developers Subha Gruha Projects West Mount Projects
LAHARI GREEN PARK Lorvens Gold Leaf V Aparna Kanopy Jasmine Primus Epsilon Sukrithi Royal Red Clay Court II
HMDA Regularized, Independent plots Plots Plots 133 - Residential Plots Plots HMDA Approved Residential Layout HMDA Approved
600 sq yds onwards 76 acres 350 Sq Yds - 505 Sq yds 267 sq yds - 467 sq yds 267 Sq Yds - 433 Sq Yds 267 Sq Yrds 267 Sq Yrds
Srinivas
Bhanoor
Vamsi - 9959934488 Nitin - 9849098028 9948663170 9989420202 SSRK Prasad 9000381234 Dr. T S Rao -
Dasarapalli
Headway Properties Jayadarsini Housing Pvt Ltd Green Home AVC Group
Metro Homes Jayadarsini Township Green Acres AVC Township
Residential Layout Plots Plots Plots Residential Plots
26 acres 300 Sq Yds- 2000 Sq Yds 1000 Sq Yards 200 Sq Yds - 500 Sq Yds
9848017162 23555441 Vinod K Uniyal - 9849222922 9849044396, 9000001169 9391078186
Gandipet, Manchirevula Gudlapochampally, Kompally Gundlapochampally, Kompally Kandukur Maheswaram ManMedchal Medchal Moinabad Nagarjuna Sagar Highway Road
October-November 2013
71
Listing
Plots
real estate on offer
Listing of Projects
S.No. Company:
Project Name:
Property Type:
Size Range:
12 13 14 15 16 17 18 19 20 21 22 23 24
Aliens HUB Rainbow Drive Bloomington Lahari Infrastructure Limited Aishwarya Residency Maple Meadows Eldorado Sukruthi Royal Pragati Green Islands_Phase 2 Green Meadows Venkusa Estates Housing Projects Peacock Paradise Sai Suvarna
Residential Plots Plots Plots HMDA approved independent, Plots Plots VUDA Approved Residential Layout Plots Residential Plots Freehold Property, Open Plots VUDA Approved Residential Plots Open Plots Farm Land with Club House Plots
300 Sq Yds- 2000 Sq Yds L.P. No. 01/ Layout/ HADA/06 500 Sq Yds - 1000 Sq Yds 250 sq yds - 400 sq yds 200 Sq Yds 267 Sq Yrds 200 Sq Yds - 534 Sq Yds 267 Sq Yds - 534 Sq Yds 167 Sq Yds - 333 Sq Yds 200 Sq Yds - 267 Sq Yds 1056 Sq Yds - 2000 Sq Yds 45 Acres
Aliens Group Green Home Green Home Lahari Green Park Pudota Estates India Pvt Ltd Subha Gruha Projects Green Home Subhagruha Projects Pragati Green Meadows & Resorts BTS Estates Pvt Ltd Venkusa Estates MVR Harivillu Godaavari Townships (P) Ltd
Contact No:
Location:
9966234234
Shamshabad
P.V.Ratnam - 8977812565 9849044396, 9000001169 Srinivas - 7799777755 Jaya Prasad Raja - 9949036460 SSRK Prasad Ph No. 9000381234 9849044396, 9000001169 Ramana - 9177966407 P V Vijay Kumar - 9848799189 S R Niranjan - 9849999036 Sunder B - 9848043236 Satyanarayana - 8008500527 G Chakradhar - 9866319567
Shamshabad Airport Road Shamshabad Airport Road Shankarpally
Listing of Projects
Shankerpally Srikakulam Highway Srisailam Highway Road Srisailam Highway Road Proddutur (V), Shankarpally (M) Bhimili, Vizag Kowkur ‘X’ Roads, Alwal Shankarapally Katakapalli near Kothavalasa
Commercial
S.No. Company:
Project Name:
Property Type:
Size Range:
Contact No:
Location:
1
Gowra Ventures
The Platina
Commercial
1 million sft
42005189 / 90
Gachibowli
2
Ramky Estates & Farms Ltd
Ramky Towers Grandiose
Commercial
2 Lakhs sft
Venugopal Reddy - 8008012889
Gachibowli
3
Fortune Group
Fortune Monarch
Commercial
200000 sft
7702333563
Jubilee Hills, Road No. 36
4
Vamsiram Builders
Gateway Jubilee
Commercial
30000 sft 9642323313
9849558979 /
Jubilee Hills, Road No.36
5
Vamsiram Builders
Jyothi Tycoon
Commercial
27000 sft
9849558979 / 9642323313
Kavuri Hills, Opp. Chocolate Room
6
NSL Infratech Pvt Ltd
Nsl- Centrum
Retail&Office space
2.54 lakhs sft
Varun dubey - 9581412781
KPHB
7
NSL Infratech Pvt Ltd
NSL Arena
Commercial
7 Lakh sft
Satyajit - 9581412793
Uppal
8
PBSAMP Projects Pvt. Ltd
Krishe Sapphire
Premium Office Building
8000 sft - 24000 sft
9985228889
Madhapur Main Road
9
Ramky Estates & Farms Ltd
Ramky Selenium
Commercial
4.5 Lakh Sft
Venugopal Reddy - 8008012889
Nanakramguda, Financial district
10
Choice India Infra Projects
Choice Center
Commercial
40000 sft
V.Srinivas - 9441115599
S D Road
11
Vasavi Group
Imperial Towers
Commercial
Customised
Vijay Kumar Y - 9866487555
Ameerpet
12
Shanta Sriram Constructions
SS Techpark
Commercial
1320 sft - 4800 sft
9951355885 / 04065656500
Gachibowli, Near DLF Cybercity
13
Shanta Sriram Constructions
Amity Ville
Commercial
1175 sft - 6990 sft
9951355885 / 04065656500
Tarnaka, Opp. Innova Children Hospital
14
Shanta Sriram Constructions
Oasis Center Mall
Commercial
7500 sft - 12500 sft
9951355885 / 04065656500
Somajiguda Begumpet Main Rd
15
Shanta Sriram Constructions
Silver Square
Commercial
1390 sft - 4300 sft
9951355885 / 04065656500
Jubilee Hills, Road No.36
16
Shanta Sriram Constructions
Neeru’s Emporio
Commercial
5300 sft
9951355885 / 04065656500
Jubilee Hills, Road No.36
17
Shanta Sriram Constructions
Shanta Sriram
Commercial
2030 sft
9951355885 / 04065656500
Banjara Hills, Road No.4
72
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
RNI. No. APENG/2012/44473