R EA L
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BULLETIN www. est at ebul l et i n. i n
Vol . XXI I , I ssueNo. 01
`30/ August 2013
r d t h t t h 2 3 , 2 4 2 5h, 2 6
OCT OBE R, HI TE X HAL L2/NAC
HY DE RABAD t h t h t h 2 5 , 2 6 , 2 7
OCT OBE R, HI TE X HAL L1&3
HY DE RABAD
+Real t yCheck +Pr oper t yT r aps
+Desi gnI deas +Ser v i cedApar t ment s
Ce l e b r a t i n gAn n i v e r s a r y
Are the properties delivered to you is worth the money you paid?
City's top most Building Company in a financial bubble. Could burst any time!
Catch the twist in the tail
Will soon tumble like a pack of cards
WATCH OUT THE COMING ISSUES AS WE UNCOVER THE TRUTH Revealing a series of Investigations that will flabbergast you
Builders extorting money from buyers in the name of 'Maintenance charges’
Unearthing a big corpus fund scam!
Invested in a property plot.. But where is the Plot?
TOP Notch Reputed Builders in our city cheating the property buyers
Our investigation team is on a mission to unearth frauds & scams by builders and decipher the unethical ways to extract money from innocent property buyers. Presenting the true picture to the readers
EDITORIAL
C O
Celebrating Anniversary . Real Estate Bulletin team would like to thank and extend their gratitude to the ardent readers on the eve of first anniversary, after the refurbished version of the magazine launched in the month of August, 2012. The overwhelming response and the positive feedback which we received in past one year have encouraged us enormously and have been a driving force to further enlighten the contents of the magazine. We made amply sure to address the burning issues and extend a helping hand to our readers in solving their grievances by all means. We look forward to carry this legacy further and enrich your mind and thought process by unfolding the realty world. This month saw the end of an age old saga pertaining to formation of Telangana state, carved out from the present state of Andhra Pradesh. The city saw a flurry of protests and violent demonstrations in past few years and the chorus was becoming more & more shriller from different political quarters to divide the state. However the voices have been heard by the administrators in New Delhi and the state is in verge of a divide amicably. In the due process the Brand Hyderabad which was getting tainted by ugly turn of events will heave a sigh of relief and hopefully recover the lost ground much faster than perceived. As we believe that things have changed for good for Hyderabad city, we have analyzed the future scope of realty activities and an eminent revision in property prices which we have featured in a form of a cover story. HUMARA HYDERABAD, the city, which always has been very friendly to the new dwellers and bravely confronted various atrocious events caused by the external sources stand as an example of 'unity in diversity' for the other cities to follow and practice. We strongly believe that no issues, political or otherwise could ever divide the city in fragments were the metropolis have got enough fire power to weather any storm and bring out the essence of unity and bonding of our thoughts. This month also brings the holy month of Ramazan to a close, we hope and pray to all, to stay away from evil thoughts and misdeeds thus bringing serenity & sanctity in our lives.
EID MUBARAK
THE TEAM S. TARUJ EDITOR – IN – CHIEF
AMBIKA BURMAN CHIEF EXECUTIVE OFFICER EDITORIAL N. SARATH - Associate Editor SUJOY GUHA - Incharge Editor I. BHANU SRI - Content Editor DESIGN DERANGULA RAJU - Graphic Designer T.K. MURALEEDHARAN - Web Designer P.S. VASHISHTA - Concept Designer D. SRINIVAS - Layout Designer
ANDHRA
RAYALA SEEMA
Advantage Hyderabad (Cover Story) Page - 5
It’s Demolition Time! (Hue & Cry) Page - 25
Sujoy Guha
P Incharge Editor
l SYED AHSAN HONORARY EDITOR & CHAIRMAN
TELANGANA
Builders Beware! (Focus) Page - 27
Registrar of Newspapers for India Regd No. 52787/1991 Postal Regd No.HD/1168/2012-14 Date of Publication 1st to 31st August-2013
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COVER STORY
ADVANTAGE HYDERABAD With all the uncertainties put to rest by formation of Telangana state, the city of Hyderabad gears for another spell of unrelenting growth. Whatever may be the outcome of Telangana- Seemandhra row, the city will immensely get benefitted in all aspects. The exuberance of the denizens will help to glorify the city's image much stronger than ever. The political rage brewing amongst various parties regarding formation of separate Telangana state was casting an ugly shadow on the growth prospects of Hyderabad city. The city of pearls was gradually falling back in terms of growth when compared to other cities like Bengaluru & Chennai. But now the situation has changed completely as Telangana is declared a separate state and all the political uncertainties pertaining to this burning issue have been put to rest. The 'BRAND HYDERABAD' concept which helped the city grow in leaps and bounds in yester years was pitiably loosing the sheen during the Telangana agitation, will now once again come to the lime light. By any measure, political unrest affects the family, neighborhood and community making a dent in industries, leaving many verticals uncomfortable and uncertain about the future. IT and pharma which are the most happening industries in Hyderabad were getting effected due to various uncertainties. Survey reports have shown that Hyderabad city was no longer the preferred destination for NRI's & foreign investor, the city which saw a flurry of capital investments from various offshore avenues in past many years was seeing a stagnation in investment activities, especially in construction field. However due political fallout of the activities which occurred recently the city is now free from all sort of ambiguities and will soon see business confidence returning back in due course of time. The real estate industry was in a state of lull ever since the agitations started for the formation of Telangana state way back in 2009 will now witness considerable off take of inventories. The various political uncertainties which were looming large in the state were sending a wrong signal to the other countries and tarnishing the image of Hyderabad. Frequent bandhs and agitation pertaining to Telangana issue was causing serious disruptions in normal business activities in the city and the state, hopefully these menaces will be put to rest and the city will bounce back once again and glorify its image much stronger than ever. Brand Hyderabad back in reckoning With the sun finally setting on the long drawn T-uncertainty, Brand Hyderabad is set to shine once more and brighter at that. Industry experts feel that the decision to divide Andhra Pradesh will put Hyderabad firmly back in the saddle as a global IT/ITeS hub, as it was primarily the political uncertainty that had helped Bangalore and Chennai cash in on Hyderabad's T-woes in the past four years rather than any actual limitations of Hyderabad. The overwhelming feeling is that the division will finally lure back investors, who were having
TELANGANA
second thoughts about Hyderabad, which has always been the crown jewel of Andhra Pradesh (accounting as it does for 55% of the state's total Rs 70,000 crore revenue on the back of the IT/ ITeS sector), will continue to dazzle as a services hub. The city is home to over 1,300 global IT& ITeS players and accounts for over 90% of the state's Rs 40,000 crore plus IT/ITeS exports with nearly five lakh jobs. What has worked for Hyderabad is its excellent infrastructure - be it roads like the outer ring road, or IT parks and SEZs. The Hitec City-Gachibowli-Manikonda area already boasts the who's who of the global IT arena with players like Google, Microsoft, Facebook, Infosys, Wipro, Yahoo!, HSBC, Dell, Amazon, among others and none of them will be going anywhere. Once the uncertainty is resolved, they may actually kick off those expansions that many of them had put on hold. "It will mark the end of tough times for Hyderabad. The city will bounce back, its image stronger and the IT sector too will stage a comeback. After all, Hyderabad's infrastructure is streets ahead of other cities like Chennai and Bangalore," says BVR Mohan Reddy, chairman and promoter of homegrown IT giant Infotech Enterprises, pointing out how it takes over two hours to go from one place to other in Bangalore while in Hyderabad the ride from the airport to the city takes just about 45 minutes. "The secret of Hyderabad's success has been its superior infrastructure and talent availability. It has good roads, academic institutions, manpower pool, power etc to ensure its continued success as an IT/ITeS hub," pointed
ANDHRA
RAYALA SEEMA
However due political fallout of the activities which occurred recently the city is now free from all sort of ambiguities and will soon see Business confidence returning back in due course of time. out a top IT honcho. In the peak of the T-agitation in 2009-10, Nasscom president Som Mittal too had said Hyderabad had nothing to be worried about because as long as it has talent in abundance the industry is here to stay. IT/ITeS apart, the recent decision of the state government to lift the ban on the expansion of pharma units in and around the city vide a GO too will ensure that the pharma sector, which had started charting expansion plans in coastal Andhra
COVER STORY destinations like Vizag, will continue to thrive in the Telangana region. However, Dr Reddy's Laboratories chairman GV Prasad feels that despite the recent GO, it may be a tad difficult for players to continue driving major expansions in Hyderabad due to its urban nature. Hyderabad Realty will be on fire The real estate prices in residential segment in Hyderabad are expected to increase with the likely resolution of the Telangana issue, according to a report. Due to the Telangana agitation, residential capital values in Hyderabad had stagnated since 2009 and had driven investors to other cities such as Bengaluru and Chennai. Reports also suggested that Hyderabad was the second city in India to have large inventory pile up (i.e. the newly built vacant flats/houses). This is primarily because the property buyers were very skeptical about the
prices which were prevailing and were very apprehensive about sudden fall in price. People by and large admitted that they had postponed their plans to buy property in view of a likely decision on Telangana. Since Hyderabad property market is end-user driven market, not much investor from other avenues are showing any kind of interest in investing in the city. However after the resolution of Telangana issue the property buyers in the city are far more confident than earlier and in the immediate term, real estate prices are likely to
pick up due to buoyed investor sentiment in anticipation of the city's return to political and economic stability. In the medium term, the resurgence in corporate investments will improve demand for commercial office space and provide a fillip to job creation and boost residential real estate demand and prices," Crisil said in a report today. During 2013 and 2014, we expect residential real estate demand to grow annually at 8-9% compared to our earlier estimate of 6-7%. Capital values have already been on the rise in selected pockets of the city after bottoming out since the last few quarters on the back of signals that the issue was close to a resolution, the report added. The gap in residential capital values in Hyderabad will also narrow in comparison to Pune, Bengaluru and Chennai to narrow. However, commercial lease rentals will continue to see only a marginal annual increase in 2013 and 2014 mainly due to a huge oversupply situation. Developers who are sitting on unsold housing stock of 28% of the units launched during last 3-4 years and as growth in housing demand has been slower than the supply because of political uncertainties in Andhra Pradesh over demand for a separate Telangana will now heave a sigh of relief. Over 33,000 homes which are unsold in the primary residential market of Hyderabad till June 30, out of 1,18,000 housing units that have been launched by the developers over the last 3-4 years will soon be liquidated which in turn can spurt the property prices in the city. The creation of a new state has depleted these speculative investors. Looking at the demographic profile of the residential buyer in the last one year or so, it is safe to say that most buyers are end users and intend to buy apartments to occupy them. The buyer is a working professional or businessman and related to IT, Pharma or Infrastructure businesses. The business growth of these sectors is not dependent on the creation or non creation of a separate state of Telangana. The only factor that caused this anxiety is the uncertainty that grips the city, with agitations and disruption of work which now seems to be over. Many man hours which have been wasted in all sort of protest in last couple of years which in turn brought down the confidence level amongst investors & industrialists will soon revive to normalcy. Looking at the facts and figures it is the right time to invest in Hyderabad properties as the expected appreciations would do much more than expected.
The property buyers in the city are far more confident than earlier and in the immediate term, real estate prices are likely to pick up due to buoyed investor sentiment in anticipation of the city's return to political and economic stability.
06
Twin Cities REAL ESTATE BULLETIN
August 2013
COVER STORY
?
WHO DRIVES HYDERABAD
One may ponder about this question as to who drives Hyderabad? Whether is it Telangana or Andhra? Or is it by swine politicians who crave for their existence? The matter of fact is no one, than the people of Hyderabad, who will drive the city. The genesis of this drive is in the intricate fabric of cosmopolitical culture which is embedded in every Hyderabadis heart and mind. Among all major metros and big cities in our country, Hyderabad is the most sort after cosmopolitical paradise. No other city in India is so friendly with the new dwellers who briefly relocate for job or business opportunities. The cosmopolitan culture and warmth of the residents of Hyderabad have also allured people from various places in the world who come here to live and work. They get so mesmerized by the sheer etiquettes of this place and pleasant weather conditions that they get compelled to stay here forever, such is the charisma of this city! There is no racism or any cultural divide in this city with adds to the serenity & imparts harmony to this place. The foods which are served in public eateries do have a cosmopolitan flavor and taste. The new dwellers have absolutely no issues in finding their favorite food joint in this metropolis. Who can ever forget the taste of Hyderabadi biriyani or delicious desserts? The inherent power to propel the city to the pinnacle of excellence in every field lies with the people of Hyderabad, their work culture and broadminded thoughts coupled with extraordinary brilliance of mind have earned them enormous fame in the world. The Hyderabadis doesn't require mercy of any politicial party or protagonist what ever has to excel. We Hyderabadi's should not fall prey to our politicians vested interests of dividing the state for gaining political mileage and rather fix our goal to make our city a better place to live with tranquility and benign work culture. This will profoundly help the city to cover the lost ground much faster and once again Hyderabad city will be a front runner among the metros. HUMARA HYDERABAD, the city, which always has been very friendly to the new dwellers and bravely confronted various atrocious events caused by the external sources stand as an example of 'unity in diversity' for the other cities to follow and practice. We strongly believe that no issues, political or otherwise could ever divide the city in fragments and the metropolis have got enough fire power to weather any storm and bring out the essence of unity and bonding of our thoughts as we step into the next level of inclusive growth and take an oath for ourselves to stay committed to the development of this city by whatever means we can.
August 2013
Twin Cities REAL ESTATE BULLETIN
07
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A comprehensive analysis of real estate activities in Hyderabad city in past few years.
REALTY CHECK
Hyderabad is the capital and largest city of the Indian state of appreciation of 5%-7% YoY, backed by its fundamental strengths Andhra Pradesh. It occupies 650 square kilometres. The population such as affordability, good infrastructure and presence of the IT/ITES of the city is 6.8 million and that of its metropolitan area is 7.75 sector, which will propel the growth of the end-user segment in the million, making it India's fourth most populous city and sixth most city. populous urban agglomeration. The city bounced back from many Upcoming Supply and Current Absorption Trend: informal events that brought about financial disturbances and 2013-2015 untraceable political turmoil in the state. The fiscal year 2012 to 2013 has brought up many uncertainties which breached the strength of builders and developing companies caused due to inflation and cities sporadic agitations. Though this situation has affected the interests of the investor and temporarily stagnated the land prices, the real estate companies have taken this to their stride and stood unaffected. Hyderabad has witnessed an integrated development drive to promote the city as the most suited location for large scale commercial space occupiers. Hyderabad city has been chosen as nd world 2 most affordable city for office market furnishing the best IT corridors dotted with the presence of MNC's over an eight- lane expressway. In addition to a focused government approach, Source: Prop Equity development initiatives such as the construction of Outer Ring Roads, The city also has established itself as a dynamic market with regard and Hyderabad Metro Rail Projects (HMR) have provided impetus to to commercial leasing activity, and the Western region popularly attract international interest from large-scale space occupiers. known as the IT corridor emerging as the most active micro market. The realty markets in Hyderabad, which witnessed a prolonged On the supply front, the city is expected to witness over the next 24 slump due to global recession coupled with the prevailing political months, a further addition of approximately 10 million sq ft to its uncertainty, is today in a gradual phase of recovery. Weak sentiments existing stock of 35 million sq ft of commercial space. Cost effective had dented the markets for over three years, leading to an overquality space solutions along with other factors such as availability of supply situation across the city. The survey of the markets indicates requisite talent, better quality of life, lower costs of living, have an improved off-take in residential stock during CY 2012, with readyempowered companies to establish some of their largest offshore to-move inventory finding takers. New launches by prominent centers in Hyderabad. Such interest has consequently resulted in high builders along the IT/ITES corridor, during the last two-quarters city absorption levels of approximately 15 million sq ft over the last have received a good response, indicating a cautious optimism 36 months, with an observed YOY growth of 18 per cent in demand as prevailing in the markets. One can expect the market to remain noted in 2010- 2011. In 2012, despite a cautious global economic stable, with existing stock witnessing an improved off-take across environment, Hyderabad successfully achieved absorption of close to micro markets vis-Ă -vis the previous years. Over a 5-year horizon, 4 million sq ft, predominately as a result of the large-scale one can expect the markets to consolidate with a nominal August 2013 Twin Cities REAL ESTATE BULLETIN 09
SPECIAL REPORT consolidation as well as expansion activities of big IT players. The city has been home to some of the India's largest Software Technology Parks as well as Special Economic Zones, developed by reputed real estate developers, with significant experience in the understanding of MNC operations. In comparison to other cities of the country, these developments have offered competitive terms for commercial occupation along with customized space solutions for fast growing organizations. Additionally, under the state government's proactive initiatives, large space occupiers have been offered land allotment schemes for increasing their presence within Hyderabad.
Hyderabad Residential Supply Break-Up: July 07-Oct 12
was further affected by the political issues in the state that led to market uncertainty. Buying activity has, thus, been limited to end user segments. Although turfs were significantly noted the real estate market survived the depression of city's economy and political hampers. Evaluating the interest of the investor's construction business has also adopted green construction which creates various amenities to the property buyers. Recognizing the role of local bodies in promoting environment-friendly practices in real estate development, the Greater Hyderabad Municipal Corporation (GHMC) has taken steps to provide 10 per cent concession on property tax on using solar water heating equipment. Furthermore, an additional concession of 10 per cent is granted on developing water harvesting infrastructure. The Corporation has also reduced the impact fee for developers who adopt environment-friendly practices in their projects. Supporting this it is declared that Hyderabad tops the list of Builder's opting green housing technique while constructing.
Hyderabad Quarterly-Price-Trends
With respect to retail development activity in Hyderabad, organized retail supply is all set to increase its footprint in the city. Post the launch of Inorbit Mall in 2009, the market witnessed no further addition for the next 3 years. During the absence of mall supply and uncertain political environment, the general sentiments of the retailers were not favourable as the market had not witnessed many brand launches in the city. However, Manjeera Trinity Mall which is all set to be launched by Q2 2013 will break this pattern this year. It will also be the first in line of other malls to launch subsequently. Western region of Hyderabad, also regarded as the growth corridor of the city, has witnessed the maximum number of announcements of shopping mall projects largely due the presence of IT corridor and financial district, two major business hubs other than CBD. Kukatpally a suburb of Hyderabad is slated to be a hub for retail activities in the immediate future by virtue of its proximity to the IT corridor and its predominantly dense catchment, which has a balanced mix of SEC-A and SEC-B demographics. Other regions of the western suburbs like Kondapur and Gachibowli are expected to witness a supply of approximately 1 million sq ft in the next three years. Combined with other small sized developments which were recently announced, a large sized mall of 750,000 sq ft is being developed. On anticipatory factor the period of 2013-2016 promises to be a dynamic period for the retail sector in Hyderabad, which will not only provide quality space to the existing and new retailers but also introduce the shoppers to quality shopping experience.
On the supply front, the city is expected to witness over the next 24 months, a further addition of approximately 10 million sq ft to its existing stock of 35 million sq ft of commercial space. One of the key defining characteristic of Hyderabad real estate is that it is one of the most affordable residential markets in the country today. There are a wide range of residential projects across the spectrum from affordable apartments and villas to luxury projects for a buyer to choose from. After witnessing significant interest from the developer and investor community during 2006-08 by way of large land holdings, the global economic slowdown led to the real estate market cooling down in Hyderabad like in other cities. This 10
Nevertheless, the fundamental strengths of the city prevailed, over the past one year, leading to residential market revival. The liveability factor of the city, superior infrastructure and connectivity, led by adequate social infrastructure and high development potential by virtue of flexible real estate development framework has resulted in this resurgence. Thereby, in 2012, the market witnessed considerable recovery with developers launching new projects and reporting better absorption levels in their ongoing projects. New supply launched in the city in 2012 increased by approximately 100 per cent YOY to 11,000 units and absorption increased approximately 21 per cent YOY to 11,700 units. Average price appreciation across the city over the last one year has been around 7 out of 10 per cent and is expected to increase in 2013, given the improving demand trends. Forward looking drivers such as infrastructure projects like Outer Ring Road and Hyderabad Metro Rail (HMR) projects will continue to positively impact the city's residential market in the long term, by addressing bottlenecks associated with employee commutation and decongestion. There is a renewed enthusiasm in the city's overall realty market from both ends as occupier's as well as developer's perspective. The improvements within the commercial, retail and residential segments are expected to prevail over the medium term and are expected to consequently reflect in corresponding increase in price movements, enhanced additions to the existing supply stocks, increase absorptions levels, sustained commercial leasing velocity and overall investments levels. For further understanding Hyderabad real estate sectors, an area wise growth analysis has been conducted. Area-wise analysis of Hyderabad city real estate activities: The analysis has been divided into six distinct zones: West Hyderabad, North-West Hyderabad, North/North- East Hyderabad, East Hyderabad, Central Business District/Off Central Business District and South Hyderabad on the basis of location and real-estate activity. It analyzes the key trends and provides a perspective of the prevailing market scenario. Further, the report tracks the trend in
Twin Cities REAL ESTATE BULLETIN
August 2013
SPECIAL REPORT property prices for each of these micro markets through an internal property price index data. It concludes with a Location Attractiveness Index, which grades each micro market on the basis of certain key parameters like Infrastructure, Residential Cost, Proximity to Retail Establishments, Future Employment Generation Capacity etc. The property prices are yet to regain their peak values. Hyderabad is today in a phase of consolidation, with properties available at attractive valuations, while neighbouring cities of Bangalore and Chennai are witnessing a surge in real estate prices. North-West Hyderabad: Major Locations: Kukatpally, Hydernagar, Madhapur, Hi-Tech City, Kondapur, Chandanagar and Miyapur. Key Highlights: ª Kukatpally has evolved into an attractive realty market, due to the presence of landmark residential projects, commercial facilities and organised retail developments. Its proximity to the MMTS station and upcoming Metro rail network will provide further impetus to the growth of this micromarket. ª The region of Hydernagar, off Kukatpally, is witnessing the development of products in the mid-segment. Properties are in the price-band of INR 2,800 psf-INR 3,500 psf, depending on the location, builder and specifications. One can expect this micro market to witness a marginal appreciation of 5% over a twelve-month horizon. ª The IT/ITES hub of Madhapur, Hi-Tech City and surrounding areas have emerged as a prime realty market due to the presence of SEZs, Grade-A commercial spaces and organized retail developments. The region is witnessing the development of products in the higher mid-segment priced between INR 4,000 psf-INR 5,500 psf. Fresh supply of residential stock is expected in the coming quarters. One can expect this micromarket to firm up over a twelve-month horizon. ª Kondapur-Gachibowli Road is witnessing development of premium products in the price-band of INR 2 crore/unit- INR 4 crore/unit. Sales have been slow and we expect this trend to remain in the coming quarters. ª Prominent builders have forayed the Chandanagar market with products in the mid-segment. One can expect this market to remain stable in the coming quarters. ª The micromarket of Miyapur has products priced in the range of INR 2,500 psf-INR 3,000 psf, depending on the location, builder and specification. A builder has forayed the market with the concept of flexi-villas priced in the range of INR 3,000 psf-INR 3,300 psf.
with a product in the higher mid-segment. Properties in this region are in the price range of INR 3,500 psf-INR 4,000 psf. We expect a moderation in sales volumes while builders are expected to hold on to their prices in the coming quarters. ª Kompally is predominantly witnessing the development of villa projects in the price-band of INR 50 lac/unit-INR 1.25 crore/unit. We expect this product segment to firm up over the next twelve months. ª Value housing projects in Kompally have not received the desired response. Sales have been slow over the last twelve months and this trend is expected to continue in the months ahead. ª Alwal houses stand-alone projects in the price-band of INR 2,000 psf-INR 2,500 psf. We expect a gradual off-take of existing stock in this micromarket. ª A.S.Rao Nagar, in close proximity of Sainikpuri, is witnessing the development of affordable housing and villa projects. Products in the affordable segment are priced at approximately INR 1,900 psf-INR 2,200 psf, while villas are in the price range of INR 40 lac/unit-INR 60 lac/unit. The off-take in this market has been slow. Price Trends in North/North-East Hyderabad
*Assuming 100 as a base for June '07
Residential Property Rates in Prime Residential Markets of North/North-East Hyderabad** East Hyderabad: Major Locations: -Marredpalli, Himayath Nagar, Tarnaka, Malkajgiri, Uppal, Pocharam and Ghatkesar. Key Highlights: ª Marredpalli has an inherent end-user segment due to its proximity to the CBD, existing trader community coupled with limited upcoming supply in the surrounding areas. ª The micromarket of Kavadiguda, in Marredpalli, is witnessing the infusion of fresh supply in the higher midsegment. The products are in the price-band of INR 4,000 psf-INR 4,700 psf depending on the location, builder and specifications. We expect this micromarket to firm up in the coming months. ª Himayath Nagar has limited upcoming supply, priced at approximately INR 5,000 psf-INR 6,000 psf. We expect this market to hold its own over a twelve-month horizon. ª The region of Tarnaka houses government establishments, public-sector units and the campus of a prominent university. Products in this area are in the price-band of INR North/North East Hyderabad: 2,300 psf-INR 2,800 psf. We expect a gradual offtake of the Major Locations : Sanat h nagar, Balanagar, Bowenpally, existing inventory in this market. Tirumulgherry, Kompally, Alwal, Sainikpuri, A.S.Rao Nagar and ª Uppal/Bod Uppal is primarily driven by the unorganised Bolaram. sector. Independent houses built on plots of approximately Key Highlights: 100 sq.yards to 250 sq.yards, sold at INR 25 lac/unit-INR 45 ª A prominent builder has forayed the Sanathnagar market lac/unit, are finding takers. August 2013 Twin Cities REAL ESTATE BULLETIN 11
SPECIAL REPORT ª
The micromarkets of Pocharam and Ghatkesar are witnessing the development of affordable housing and budgeted villas. Affordable housing projects are in the price-band of INR 1,800 psf-INR 2,200 psf, while villas are in the price range of INR 35 lac/unit-INR 60 lac/unit depending on the size of the property. Sales in these markets have been sluggish and we expect this trend to continue over the next twelve months. The Infosys campus in the region has influenced some off-take in stocks. The market may witness a gradual evolution with further development of IT/ ITES facilities in the years ahead.
Price Trends in East Hyderabad*
CENTRAL BUSINESS DISTRICT/OFF CENTRAL BUSINESS DISTRICT: Major Locations: - Jubilee Hills, Banjara Hills, Kavuri Hills, Panjagutta, Begumpet, Somajiguda, Necklace Road, Mehdipatnam and Ameerpet. Key Highlights: ª Kavuri Hills houses smaller standalone projects priced at INR 4,000 psf-INR 4,500 psf. This market is expected to remain stable due to presence of limited upcoming supply. ª Begumpet is witnessing the development of premium projects in the price-band of INR 5,000 psf-INR 7,000 psf. The micromarket is expected to remain stable over a twelve month horizon. ª Jubilee Hills and Banjara Hills are the most sought after locations in the Hyderabad realty market. There remains an inherent demand for independent bungalows in these areas. ª High-Rise apartments being developed on smaller land parcels are priced at approximately INR 6,000 psf-INR 10,000 psf, depending on the location, builder and specifications. ª A prominent builder has launched its super-luxury project in the Jubilee Hills area. The project with over 130 units is priced at over INR 10 crore/unit, solely catering to the Super HighNet-Worth segment in the city.
Price Trends in Central Business District/Off Central Business District*
Despite a cautious global economic environment, Hyderabad has successfully achieved absorption of close to 4 million sq ft. SOUTH HYDERABAD Major Locations: - Shamshabad, Shadnagar, Khatedhan Industrial Area and Rajendra Nagar. Key Highlights: ª The real estate development along the southern region is in a relatively nascent stage. The region surrounding the Hyderabad International Airport at Shamshabad is witnessing development of numerous plotted development projects. ª The micromarket of Shamshabad, Shadnagar and surrounding areas are attracting investors, with buyers purchasing into land parcels with a long-term view. ª Plotted developments located off Shamshabad Airport, along the Sri Sailam Highway are priced at approximately INR 1400/sq.yard-INR 2,000/sq.yard, while properties along the Bangalore Highway are in the price-band of INR 1,500/sq.yard-INR 3,000/sq.yard. ª Builders have also forayed into this market with the affordable villa concept, priced at approximately INR 40 lac/unit to INR 70 lac/unit depending on the size of the property. We expect sales in this segment to remain slow. ª A prominent builder has launched its plotted development projects on Bangalore Highway near Nandigama. This is expected to influence off-take in this micromarket in the months ahead and also firm up demand for plots in the vicinity.
Price Trends in South Hyderabad*
*Assuming 100 as a base for June'07
The scope of further development in the city is quite evident as the city is gearing up to various mass transport infrastructures which are in their final stages and at the outset will help to increase the property absorption in various parts of the city especially on the out skirts of the city where the potential of a positive price revision is eminent.
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BELIEFS
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ANNIVERSARY SPECIAL
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ANNIVERSARY SPECIAL
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ANNIVERSARY SPECIAL
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Retail Office Rs. 113 billion Rs. 126 billion 47% 53%
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PROPERTY GYAN
Property
Traps
Buying home is one of the biggest financial decisions of life. You do enough research and due-diligence prior to purchasing your dream home. Yet some times builder creates a false pretence & cheat. To make you aware here are some methods builders are adopting to deceit innocent property buyers. In the present sluggish property market, property buyer's especially home buyers are a harried lot as they are facing the brunt of inflated property prices and high home loan rates. And on top of that, the genuine home buyers who have put their life's savings at stake run the risk of being conned in more ways than one. The biggest risk they face today pertains to large number of delivery defaults by developers due to fund crunch and fund diversions. What is really bugging them is that even big and reputed developers are defaulting and as such they are at loss to find which real estate company is credible enough to invest. They are also being short-changed in terms of promised amenities and facilities for which they are charged. Besides, there are issues pertaining to quality of construction, specifications and hidden charges. Home buyers who are taken for a ride, feel helpless in the absence of any regulatory mechanism for effective redressal of their grievances. “Booking is almost full or There is only one flat available� Generally you get to hear this statement from builders & developers only to create an impression that their properties are selling like hot cakes, but the fact of the matter is that only a meager number of the inventories are been sold and remaining are lying vacant. The builder refrains from giving a choice to the buyer as they want the non productive properties to sell first rather than the more lucrative ones, which they can sell later. The novice property buyer falls prey to their malicious intent and negotiates a foul deal. Pre-launch Despair The pre-launch or soft launch by some developers is mostly prevalent in mid and high end market where speculators/investors are very active. Moreover, in order to play safe, developers do not August 2013
advertise pre-launch projects and instead reach out to prospective investors through their network of trusted brokers, using digital communication. Fund-starved developers are able to sell a major part of their project in advance through pre-launch bookings. So, not just does it help them to tide over the fund crunch but the associated hype helps create future demand. Normally, in pre-launch, a promoter/developer can manage to raise 25-30 per cent of total project cost. It's not just gullible, ill-informed retail investors but
Builders create an impression that their properties are selling like hot cakes and refrains from giving a choice to the buyer as they want the non productive properties to sell first rather than the more lucrative ones. even the well-educated and well-informed professionals and corporate executives who are involved in this gamble of striking it rich in a short time. Brokers lure investors on the understanding that at the time of actual launch, the builder/developer will raise the price to help them book handsome profit and exit the project. The rate of return can be quite high as investors make only partial payment (10 per cent of the price of property) to the company at the pre-launch stage. It's another matter that some developers have started putting in a lock-in period (6-9 months) clause. Since brokers are offered huge discount of 8-10 per cent, they promote pre-launches aggressively. They even promise to pay a
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PROPERTY GYAN discount of 6-8 per cent to the investors/buyers in 6-18 months mandatory for the developers. through credit notes. Those credit notes however have no legal However, in India, it's not legally binding on developers to standing as they are not stamped agreements. Little wonder then that maintain an escrow account, though some well-meaning reputed and there are many cases where investors accuse brokers of not listed developers voluntarily follow this practice. But even they do not honouring their credit notes. It's a risky investment in a pre-launch mention it in their ads, publicity brochures, sale communications and project. It's like playing blind in the game of cards. At pre-launch buyer agreement. Escrow account opened for a particular real estate stage, often developers do not share complete project details about project makes it mandatory for the developer to put money taken the land acquisition, land title, sanctioned plans and layouts besides from the bank as loan for this project and the money collected from other approvals. Moreover booking deposit is taken as advance for home buyers through booking amount and EMIs, into this particular future projects. As such no allotment letter number is given at the account. As such, the developer cannot divert this money to some time of booking. And so if something goes wrong later, customer get other project. Nor can he utilize it for some other purposes like perplexed. servicing the debt or buying land. But in India, since escrow account is Those who invest in pre-launch projects, go for them purely neither legally mandatory for the builders nor is it a part of 'Self Code because of the lure of initial price benefit they get. It does make sense of Conduct' prescribed by the apex developer bodies like for an investor who exits at the time of launch after booking profit. Confederation of Real Estate Associations of India (CREDAI), the But it's the end-user who actually runs the major risk especially if the malpractice of fund diversion continues, adding to the woes of project gets delayed. It'll be then a double whammy for him as he property buyers. would have to not only pay for his rented accommodation but also Poor Construction Quality EMI as well. Moreover, these days because of the volatile market in One big problem a home buyer faces is with regard to the view of low demand and high inventory pile-up, early exit after construction quality of the apartment/house for which he has made booking profits may not be possible. And while big investors have a investment. There is no way he can monitor the quality of his holding capacity, it may be detrimental to small retail investors. apartment during the construction stage. It is only after he takes Diversion of Funds possession and occupies the flat that he comes to know that he has During the current downturn, home buyers are a victim of a been short changed because of the poor quality of construction work. malpractice by some developers, relating to diversion of funds from The common problems of poor construction relate to seepage in one project to another. This is happening because debt-ridden walls, sub-standard flooring, uneven plastering of walls, inferior developers are facing severe fund crunch as bank credit is hard to quality plumbing and electric wiring, faulty doors, window frames come by and private equity funding despite strict norms is costlier. and grills. Also, the home buyers would find that the promised Facing cash flow problems, some developers divert money from a modular kitchen and wooden flooring etc are of sub-standard quality. poorly performing project to the project which is in good demand or Often this happens as the developer resorts to cost-cutting in is nearing completion. construction material, S o m e t i m e s t h e y u s e The common problems of poor construction amenities and accessories money from a project to relate to seepage in walls, sub-standard besides workmanship. In any service their debt. As a workmanship cannot be flooring, uneven plastering of walls, inferior case, result of that, the project defined though it plays a major from where money is quality plumbing and electric wiring, faulty role in construction activities. diverted runs the risk of doors, window frames and grills. Hidden Charges getting delayed. Industry Home buyers often find statistics point to a fairly themselves at the receiving end large number of projects when they are made to shell out by both reputed big time 'extra money' on various developers as well as midpretexts. This happens because size and small developers these charges levied by the which have been delayed developers at a later stage, ranging from six months to either do not find mention in 2-3 years. Though the builder-buyer agreement or developers would like to even if they are there, these are put the entire blame on not specified. Developers resort delayed sanctions, labour to this malpractice of 'hidden problem and fund crunch, charges' because home does the fact remains that in not carry maximum retail price some cases the delay is (MRP). It has basic sale price because of diversion of (BSP). And there are several funds. Unscrupulous other charges over and above developers are able to BSP including external resort to this malpractice development charges (EDC), as there is no regulation to internal development charges check this. Abroad, funds (IDC), parking charges, club collected from the house charges, maintenance p r o p e r t y b uy e r s a r e charges and preferential regulated through an location charges (PLC). These 'escrow account' which is hidden/additional charges 22
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PROPERTY GYAN crop up because many a times developers do bookings on the basis of unapproved plans and later on following approval, the plan gets changed. Or else even the approved plan can also be altered with the change in floor space index (FSI). There are instances when super area is marginally increased without increasing the carpet/built-up area on the ground that there was some miscalculation and area that was earlier missed out has now been included following revised calculations. The catch is that even a marginal increase of 2-3 per cent in super area, will increase all your other charges like PLC, EDC, IDC, maintenance fee, interest free maintenance security, external electrification charges, etc. Even on the prefrential location front, home buyers get conned. Suppose, you booked a non-PLC home, but under the changed building plan, the developer may tell you that your aparment now comes under prefrential location and you have to pay PLC. It can be other way around also. Under the changed building plan, your PLC property may turn into a non-PLC property. And in that case developer's liability may be limited to not charging PLC. But in the process, you may not get good appreciation on property which you had thought of while booking a PLC property.
Home buyers often find themselves at the receiving end when they are made to shell out 'extra money' on various pretexts. This happens because these charges are levied by the developers at a later stage, and are not mentioned in the builder-buyer agreement. Home buyers also get cheated in the name of 'project upgradations' carried out by the developer. And developer, as per the agreement, can do modifications in construction, amenities and accessories for the benefit of the project/customers. And the buyer is supposed to pay additional expenses on pro-rata basis. There is no way that the customer can find out if the developer is levying fair charges for 'upgradation' of his property. If he does not accept it, the developer may ask him to leave the property as by that time the value of the property had appreciated. And for the customer, who had by then paid substantial money to the developer, it's not a happy situation either. Often there are disputes between the developers and house owners over maintenance charges which home buyers dub as 'exaggerated'. For an average home buyer there is no way to calculate maintenance charges incurred on security, housekeeping, horticulture, maintenance of lifts & corridors, parking maintenance, etc. Moreover, much to the disadvantage of customers, many developers are insisting on two-year Advance Maintenance Security (AMS) and one-year Advance Maintenance Charges (AMC). And since developers float subsidiary company to manage property maintenance, they sit pretty in the case of any dispute. Skewed Agreement A home-buyer should give due importance to Buyer's Agreement which spells out terms and conditions with respect to sale and purchase of the property to avoid any pitfalls later. Especially as this agreement is skewed in favour of the developer. Often, the home buyers complain that the developer did not deliver what he promised in terms of facilities and amenities. There could also be disputes over inferior quality of construction and poor specifications of material and accessories such as flooring, modular kitchens, etc used. The developers and customers also lock horn over delayed possession and penalty levied on EMI default. August 2013
The terms and conditions put forward by the builder is generally not complete in all aspects, many loop holes do exists in the agreement. The property buyer is generally harassed later on by various agencies which include government and municipality sleuths. Various crucial terms and their relevant documents miss out in the agreement which gives an upper hand to the developer to frame a case against the buyer. The property buyer should thourghly look into the minute aspects of the deed. Often loan agreement details are not entered into the sale deed and create a state of confusion which the buyer falls prey into. Finance companies do not question the builder rather they question the property buyer if they find any discrepancy in the sale deed. Clear cut terms and conditions
pertaining to the loan term should be mentioned in the deed. Extra charges if later on applicable should be also mentioned in the sale agreement also due care should be taken to ensure any hassle free transactions in later part of the contract. The contract should be bilateral in content and depiction. One should also carefully understand what one is paying and for how much area. You should take a note of all the charges that you need to pay over and above the basic sale price of the house and all the facilities and amenities which you'll be getting. One should also carefully go through all the information with regard to payment plan and penalties over delayed payment. It is advised not to blindly opt for down payment in order to get an attractive discount. You should keep in mind the risk involved in it considering that large number of projects is delayed. You should opt for construction-linked payment plan though it's also not a fool-proof payment plan as developer takes 85-90 per cent of the cost of the house till the time of roof slab casting and often it's seen that projects are delayed beyond that stage. Some developers also hoodwink customers by demanding payment even before a particular construction milestone is achieved. One should keep an eye on the progress of the project at different stages to ensure that you make payment at the right time. Also one could seek the help of a lawyer or an agency to do due-diligence of the agreement.
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HEAD OFFICE: D.No.11-5-247/5/, H.P. Road,Moosapet, Hyderabad-500018, A.P. Ph: 040-65973710, 23305124, Mobile: 9246553559, 9441380898, 8099608400, E-mail: contact@orienelevator.com, anilkulkarni691@gmail.com
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PROJECT
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HUE & CRY
n o i t i l , emo D s ’ It th
Hyderabad woke up with the most terrifying shock on 8 july 2013, when the city's most oldest building City Light Hotel collapsed flat on ground killing almost 17 people and injured around 20 who were working and visited on that fated hour. Who are to be blamed for those 17 lives, are the Hotel authorities knowing that the concrete is not in feasible condition or the Government authorities who allowed that dilapidation. Finally the Government authority woke up from slumber and extended their concern to those dilapidated building probing to demolish them as a precautionary measure to end the desolation and collapses. Nearly 400 plus building are in a condition to cave and require immediate intervention from the GHMC authorities. And there are over 166 notified heritage buildings and 20-odd rock precincts in the Hyderabad metropolitan area. In this scotching list of demolishing building, G block in the secretariat tops the list as the officials from GHMC inspected that Block on July 17 and concluded that the building should be razed immediately as it was constructed during the Nizam's Reign and was used from 50 years as administration office. It is just the matter of biding time to declare that the building is unsafe and desolated in condition. Moazzam Jahi Market (rear portion), the old MCH office at Darushifa are the ones to follow that list. If this is the dooming fortune of the most acquainted structure in Hyderabad what could be the fate of other 400 to 600 buildings which are concluded dangerous and inefficient. Another heritage structure that is on the verge to cave is 143 year old Chanchalguda Jail, which has survived the vagaries of nature so far and is likely to get demolished. And rainy season is particularly dangerous for those staying in these buildings which are mostly located in the Old City, Secunderabad, Begum Bazar, Sultan Bazar, Jambagh, Feelkhana, Goshamahal and other places. The recent accident where a wall collapsed due to incessant rain took 6 lives. Though this incident does not fall under this same vicinity but yes natural disasters do take place. As the mission to demolish has already commenced the Greater Hyderabad Municipal Corporation pulled down as many as 50 old buildings and dilapidated structures August 2013
! e tim
It's high time for GHMC officials to take notice of the age old buildings in our city, as these dilapidated structures pose a great threat to the lives of the residents.
in different parts of the city. A maximum of 13 buildings were demolished in Circle 1 at Kushaiguda and Yellareddyguda followed by another nine in Circle 4 at Gowlipura, Purani Haveli, Yakutpura, Pusalabasti, Brahmanwadi and Bada Bazar today. The compound wall of Victoria Memorial at Saroornagar was also pulled down by the GHMC teams. The demolition squads also attended five other buildings in the Circle 6 at Premavathipeta, Shivarampally and Laxmiguda while another five were pulled down in Circle 10 at Chintalbasti and Banjara Hills. Three commercial and one residential structure were demolished in Circle 18 at Nala Bazar and old Bhoiguda. Joint inspections were also carried out by the Engineering and Town Planning staff and a total of 88 dilapidated buildings were identified. The demolitions carried out included a police outpost at S.N.Colony, Ramachandrapuram, four tiled roof houses at Pedda Cherlapally and compound wa l l s a t M a l l a p u r a n d Attapur. At Old Feelkhana and Siddiamber Bazar, the ground and first floors of two buildings were also demolished by the GHMC teams. Meanwhile, the Town Planning wing of Circle 12 led by Zonal Commissioner, Aleem Basha seized two buildings, a residential building at Taranagar and an Anganwadi Centre in old Hafeezpet. With the help of police, the team also removed 50 encroachments at Allwyn junction. The famous Mahalakshmi Mansion on MG Road sees
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HUE & CRY Thousands of footfalls every day. The mansion, which has shops like Kathiawar Stores, Bata Showroom and various other showrooms, are in a crumbled state. It is a 70-year-old building which had a part tumbling down in the rear side not long ago throwing thousands of lives in danger. Going by its appearance from the front, the GHMC failed to identify it as a derelict structure. It's not all the owner's fault. It is a representative case where old tenants refuse to move away and continue to pay paltry sums as rent. But the owners want their buildings razed so that they could recover the land and build big
buildings and earn big money. According to the owners of the mansion, the tenants who have been there for more than 25 years now refuse to vacate the complex since it is fetching them huge profits. “The tenants who have their shops have been here for generations. They still continue paying a meager rent, and refuse to vacate in spite of us issuing them several notices. The building is in a dilapidated state but they seem to care less because they are beautifying it at the entrance and attracting customers,” said Amarnath A, one of the owners of the building. Every monsoon building weakens much further, yet the shop owners have been overlooking its state. GHMC town planners and engineers have identified 157 more structures in addition to the 274 previously identified ones and say nearly 50 of them are in litigation. Out of these 274, so far 36 buildings were in litigation because of the owner tenant disputes, and have got stay order. The GHMC officials says that among the newly identified building there could be nearly 20 more which will be in litigation. “When the buildings are in litigation there is nothing much the GHMC can do. Whatever buildings have been identified, we will ensure that they are demolished immediately. Those not identified, the owners should bring it to the notice of the GHMC. We cannot literally go to every house and establishment. It is the moral responsibility of the owners also to come forward and bring it to our notice so that the structures can be reconstructed,” said GHMC Chief City Planner GV Raghu.
Nearly 400 plus building are in a condition to cave and require immediate intervention from the GHMC authorities. And there are over 166 notified heritage buildings. Even Banjara Bhavan, aka Rock House which is 80 years old preserved in Hyderabad was on demolition list. Identification of this heritage buildings and heritage precincts is not a onetime exercise. There have been periodically additions to and deletions from, the list.
We have shown earlier that prima facie the building satisfies the criteria for listing as a heritage building. Further, many conservationists and experts and concerned citizens, including many senior ex- bureaucrats, the Forum For A Better Hyderabad, members of Intach, Hyderabad chapter, etc., have repeatedly represented to the state government for the conservation of the building for its heritage value. There are many buildings in Hyderabad and Secunderabad, which have immense heritage value but not yet been listed as heritage buildings. A few examples are : the Old jail near Monda market: Methodist Church school, SJ Road; St Georges Grammar School building, Hyderabad built in 1836; the AP Legislative Assembly; Mehboob College complex, Patny, Secunderabad, Presbitery of the St Mary's Cathedral at SD Road, Secunderabad (St Annes School), and many other cathedrals.. There is immense scope for identification of further heritage buildings in the twin cities. According to many experts, Hyderabad has far less number of listed heritage buildings, in the context of its history, than many more recent cities have. Therefore, no decision has been taken to demolish a building which has immense heritage value. Any building if neglected over a protracted period of time can be termed unfit for use in its current state. In spite of non-maintenance, the G Block is structurally sound. So is the final say from the government body end. The state of the building needs to be examined by an independent body of experts, who are also experts in restoration work. A recent example is the case of the Nampally Sarai. The Municipal Corporation of Hyderabad, on a report by its engineers to the effect that the building was unsafe for use, ordered its demolition. But on representations by activists, they were considerate enough to re-examine the building and found it to be fit to use after some repairs though building is not officially listed as a heritage building and is categorized to demolish it.
“There is no prejudice and our teams are identifying dilapidated buildings in all zones. We have made it a point to give priority to commercial buildings, a majority of which are establishments on main roads,” are the exact word from the city commissioner. Building owners are being levied charges incurred by the corporation. “Owners have to display urgency and take up repairs by qualified structural engineers. If they don't do that within stipulated time, our teams will demolish the buildings and levy fee on the owners,” the Commissioner added. The main effort starts from the Govt officials when they start to remodel or reconstruct the demolished building and reframe them accordingly for the public access. The official sources claim that the State Govt has exercised many preservation norms but none have been properly executed. The state of Hyderabad's welfare and its Heritage building are in a brink of either getting demolished or rot with no intervention from the GHMC official. And yes even the conservation activists are halting the demolishing activities but neither are they taking any promising responsibilities in preserving them.
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VIJAYAWADA REPORT
Buzzing VIJAYAWADA Vijayawada is located on the banks of river Krishna in the to be of inferior quality. The Vijayawada Guntur Tenali Mangalagiri beautiful coastal line of Andhra Pradesh, a southern state of India. Development Authority (VGTM-UDA) has plans to build more than Also known as Bezawada, this predominantly business city attracts 76,000 houses in Vijayawada and Tenali under Rajiv Swagruha many pilgrims for its temple dedicated to Durga and also the city is a scheme. The authority has identified 600 acres on land in base for visiting the Buddhist excavations at Amaravati, which is 70 Nidamanuru, Nunna, Kesarapalli and Kotturu Tadepalli areas on km away. Though the city is well carved as the religious spot it also outskirts of the city. The UDA will also facilitate the development of a abides as “Business Capital of Andhra Pradesh� witnessing high Special Economic Zone (SEZ) of Information Technology. The project growth in terms of its commercial and industrial aspect. As the prices will come over a 40 acre site at Amaravati Township near of cement shooting up the Greater Vijayawada Builders Associations Mangalagiri. are facing heat and are also planning to lodge a complaint to MRTP Retail Market in Vijayawada (Monopolistic Restrictive trade practices) panel against the cement As such, Vijayawada retail market is moving at a snail pace but can companies in and around A.P. But none of these issues are crumbling be seen to catch up the pace in future with the expected entry of the ongoing construction sector in Vijayawada, as it has stood as one brands such as Shoppers Stop and Big Bazaar among big names in of the promising city's in A.P in terms of budding IT companies, shopping malls. To give a head start to the retail industry in infrastructure development, overhaul in developing and building Vijayawada, the city's Municipal Corporation has proposed a market. The National Highway Authority of India is widening the NH5 multiplex to come over an area of 2 acres of land near that connects Chennai to Kolata. Originally a part of the golden Vidhyadharapuram bypass road. The project envisages serving as a quadrilateral project, the NH5 widening will accelerate the growth of hospitality and entertainment center to be executed on public private Vijayawada and its outskirts. Vijayawada being the third largest partnership basis. The corporation is likely to get 25% funding from metropolitan city in A.P enjoys attention from all major companies the Centre to implement the plans for the proposed centre which will for their respective offices. Also called 'The Second Mumbai of The involve an investment of Rs 40 crore. Big Bazaar has already rented South', Vijayawada is expanding in its realty requirements. It's no out an open site and begun the construction work on Bandar Road. wonder the investors are flocking in to Vijayawada. While real estate Shoppers Stop and Lifestyle are looking out for suitable spaces along prices in Hyderabad have recorded a modest increase of 5-10% Ring Road. Upcoming mega shopping malls is definite to give a boost during the last one year, in Vijayawada property values are up over to improve the overall retail profile of Vijayawada and contribute to 70%. Besides, the development is also spreading to city's outskirts, make it a modern city. which may in turn lead to the expansion of the city itself. Upcoming Real Estate Projects in Vijayawada Commercial Property in Vijayawada IT Park: As IT/ITES parks are in the Vijayawada's pipeline. The Vijayawada real estate market has emerged as one of the most city is an emerging IT destination. The city has a strong educational attractive investment destinations among Tier-II cities in India. With infrastructure and the IT industry is booming presently. There are the kind of capital floating into the market, investors have a strong about 32 IT firms in Vijayawada, which generated revenues of notion regarding Vijayawada to become the capital city in the years to approximately Rs.56 crores (Rs 56, 00, 00,000) in 2007-2008 fiscal come. Since, the government has relaxed the norms for FDI in Indian year. Some of the IT companies here are Efftronics, PB Systems and property market and SEBI has given the nod for Real Estate Mutual The UX Group. The APIIC is setting up an IT park/SEZ at Gannavaram, funds, there has been a lot of stabilization in the Vijayawada real 20km from the city, next to the airport, to facilitate the growth of the estate market. With large investments freely flowing, Vijayawada IT industry in this region. And IT SEZ in an area of 30 acres with 2 lakh property sector has largely become a sellers' market, leading to sft which expected to be budgeted around Rs 300 crores has been unprecedented prices. Vijayawada has witnessed around 30 per cent developed in Vijayawada by APIIC in association with L&T Info City increase in the last 2 years and is likely to see at least 40-60 per cent and is ready for occupation. The IT Park can facilitate employment of increase in the next year and a half. up to 10,000 IT professionals. Another IT park with an area of 40 Residential Property in Vijayawada acres (160,000 m2) is being set up by VGTM-UDA in Mangalagiri. The The residential property segment in Vijayawada is growing both District Administration is considering constructing a software park qualitatively and quantitatively. The speed of development in in the entire land belonging to Government Polytechnic College and Vijayawada is an indication which is attributed to the emphasis laid IT's in the city. on real estate construction and infrastructure. The city is fast Corridor between HyderabadVijayawada: The state embracing the new concepts in real estate such as Residential government has proposed to build a high speed corridor which will Townships. New houses promising highest quality construction are reduce the distance between Hyderabad to Vijayawada to just 2 to come up at Vambay Colony, as the present houses have been found hours. The project is estimated to cost Rs 3000 crore. 32 Twin Cities REAL ESTATE BULLETIN August 2013
RETAIL BONANZA With favourable demographics and rising per capita income coupled with incredible growth, Bengaluru city has a flurry of world class big & medium retail chains sprawling across the city. Among emerging retail destinations: India's retail sector has undergone a rapid Easy access to retail Kamanahalli in North Bengaluru and Rajaji Nagar transformation over the past decade and this are notable. North Bengaluru will witness process is expected to strengthen in coming hubs translates to increased residential migration in the coming years with the rise in population, per capita shopping, year and will be closely monitored by mall income and urbanisation. According to the developers and retail space investors. According entertainment and provisional estimate by the Census of India 2011, to Vestian Global's 'Retail Real Estate Market the country's total population has reached nearly dining convenience. Report March 2013′, presently, the operational 1.21 billion compared to the 1.03 billion Most of the malls in the mall space in the city is around 7.65 million sqft. recorded in the previous census of 2001. This tremendous growth in population has led to an city today are largely Around 5.67 million sqft of mall space is under construction of which 45 percent is preunprecedented scale of urbanisation, with the anchored around a key committed, and planned mall space in the city is share of urban population increasing to 31.0% in 2011 from 28.0% in 2001. And over the last hyper-market chain or close to 14 million sqft. Shrinivas Rao, CEO Asia Pacific, Vestian Global Workplace Services, couple of years, Bengaluru's retail landscape has a prominent explains, “Of the around 14 million sqft of witnessed an upward spike with several national planned mall space, close to 12 million sqft is and international brands setting up shop in the departmental store located in the peripheral areas of the city. Earlier, city. Favourable demographics, rising per capita addressing the daily malls were confined to the Central Business income and easy availability of credit have needs of a District (CBD) and Secondary Business District fuelled the growth of Bengaluru's retail market. (SBD) areas. In the last three years, Whitefield, a Residential catchments in the vicinity benefit neighborhood. peripheral location, has established itself as a from better entertainment for the family, definitive retail hub. Our studies reveal that other peripheral regions shopping convenience, hospitality options, and higher rentals and of the city will follow suit such as the Outer Ring Road Sarjapur Road capital appreciation for investors. Ram Chandnani, Deputy Managing belt, Kanakapura Road and Bengaluru north, and emerge as retail Director South India, CBRE South Asia, elaborates on where these hubs within the next three to five years.” retail hubs are emerging. “The city is witnessing positive leasing Self-sufficient localities: - Increase in retail activity strengthens activity in Kammanahalli/HRBR Layout, Yelahanka New Township, the holistic appeal of a residential neighbourhood. A locality which Whitefield AECS Layout, HSR Layout, Sarjapur Road, Kanakapura has now become self-sufficient due to proximity to the workplace as Road, the Thanisandra-Hebbal belt, and along Bellary Road.” well as the presence of a retail establishment, promotes further Retail space scenario demand for housing and hence, higher rentals and overall In terms of retail real estate, Bengaluru is one of fastest growing appreciation of capital values. Ram says, “Residential realty growth in metropolis in India. NCR-Delhi and Bengaluru have absorbed 2.6 terms of new project launches by Grade-A developers have million sq ft of retail space out of total absorption of 4.4 million sq ft in encouraged first-time buyers to migrate to emerging localities, as 2012. Indiranagar remains the retail hotspot in the city as it offers they are still affordable compared to the older, more mature markets. high street retail spaces with close proximity to residential areas. This has also led to better connectivity, roads and overall investment International brands have opted for Indiranagar and leasing activity in macro infrastructure such as schools, colleges, office complexes, has increased in the area. August 2013
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BENGALURU REPORT DEMAND Bengaluru witnessed absorption of 121,000 sq ft in hospitality and eventually, retail formats.” “A spurt in residential 2Q12 against 878,097 sq ft in 1Q12, with overall vacancy rates development has been witnessed in the north-west quadrant of the decreasing from 9.1% in 1Q12 to 7.6% in 2Q12. But the absorption city, particularly areas such as Jalahalli, Hesaraghatta and Tumkur rate has subsequently increaing in 2013 as the rapidly developing Road have come into the limelight since the onset of retail activations infrastructure and expanding residential catchments in northern and in Malleswaram and Rajajinagar,” Rao states. In certain instances, eastern Bengaluru are harbingers of vastly increased retail activity residential units in integrated developments are also sold on the back over the mid-to-long term. Leasing of space in high streets remained of retail space development. “Historically, successful retail hubs have strong in the quarter as international and national retail brands always added to better overall infrastructure development in their expanded their footprints, mostly in Indira Nagar, Koramangala and respective primary catchments as in the case of retail developments HSR Layout in the Secondary sub-market. The brands that leased in Koramangala and Malleswaram, among others. However, the retail space in Bengaluru in 2Q12 included Hush Puppies, Pavers England, hubs are known to form only after a particular region becomes Reliance Trends, Peter England People, Max Retail, Nike, Domino's populated by way of residential developments to begin with. It is only Pizza, Samsung, Black, Sylcon Shoes and Reliance Digital. Max Retail the mixed-use developments, as seen in Yeshwanthpur, Whitefield expanded in two high street locations Basaweswarnagar and and some other upcoming areas which emphasize on retail Malleswaram leasing 10,800 sq ft and 7,500 sq ft, respectively. Other emergence as one of the selling points for residential developments,” Ram points out. Benefits for residential belts Easy access to retail hubs translates to shopping, entertainment and dining convenience. Most of the malls in the city today are largely anchored around a key hyper-market chain or a prominent departmental store addressing the daily needs of a neighborhood. Further, they also offer fine-dining options and house multiplexes, addressing the leisure needs of the clientele. Some malls also house gaming retailers to attract footfalls and this trend is gradually ascending the ranks, as a key catchment option. All in all, proximity to retail hubs provides a wider variety of convenient options. The growing IT sector is one of the main Bengaluru witnessed absorption of 121,000 sq ft in 2Q12 reasons why people are getting attracted against 878,097 sq ft in 1Q12, with overall vacancy rates towards the city, making it an ideal place to earn and live. This rapidly developing IT sectors decreasing from 9.1% in 1Q12 to 7.6% in 2Q12. created a huge demand for commercial buildings major leases included Reliance Trends with 18,000 sq ft in And retail spaces in the city thus raising the prices of properties in Kattriguppe and Reliance Digital with 9,000 sq ft in HSR Layout. the commercial real estate market of the city. Commercial real estate SUPPLY: -The market saw no completions in 2Q12. The Orion Bengaluru mainly involves the constructions like commercial IT Mall at Rajaji Nagar in the Secondary sub-market was the only mall to office spaces, IT centers, IT parks in the city which are now being commence operations in 1H12. The total stock of retail space in constructed in innovative and distinctive formats by the reputed real Bengaluru in 2Q12 stood at 7.6 million sq ft, with about 29 malls estate firms like Pacifica Companies. operational in the city, most of them in the Secondary sub-market. Retail development is an embedded part of Bengaluru's urban ASSET PERFORMANCE: - Rents in malls in the Prime sub-market landscape - and with the sustained rise in the disposable income have remained stable over the past eight quarters. A considerable levels, Bengaluru's retail industry has undergone a revolution. Value, supply of malls in the pipeline is offering retailers many options and lifestyle and luxury malls have cropped up in diverse micro-markets developers are, therefore, unable to increase rents in the Secondary of the city. In fact, Bengaluru's retail market is in the growth phase, sub-market in order to attract retailers. Capital values remained with retail space stock comprising of grade A multi-tenant malls unchanged in both the Secondary and Suburbs sub-markets in 2Q12, currently accounting for around 8.5 million square feet, of which while the Prime sub-markets saw a nominal increase in values, approximately 7.5 million square feet are occupied. To cater to the mainly due to the increase in land values in the city as a whole. Yields anticipated increase in demand triggered by the growth in the remained mostly stable in the quarter, with a decrease of 10 bps seen commercial segment, about 18 malls are currently in varying stages only in the Prime sub-market. of planning and construction across Bengaluru. By 2016-'17, this The retail market saw a slowdown in investment plans by major stock is expected to cross 15 million square feet - meaning an retailers in 2Q12 as top retailers occupying organized retail space are addition of around 7 million square feet over the next four years. All expanding only slowly and cautiously; this will have an impact on in all, Bengaluru has the potential to grow into a megacity that will absorption for 2012 as a whole. The city is also expected to see supply have increasing global significance. The city's potential growth also of about 1.6 million sq ft over the next 12 months. Rents are likely to translates into additional requirements in terms of power, water and remain stable or appreciate marginally in 2H12 given a considerable transportation infrastructure. To compete as a potential destination, supply in the pipeline and an expected slowdown in demand among it is imperative that Bengaluru's infrastructure requirements be retailers. Capital values are forecast to rise due to the increase in addressed efficiently and effectively with a long term perspective. A construction costs and land values. lackadaisical approach to this significant aspect could cause occupiers to start seeking alternate destinations. 34
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ENVIRONMENT
PAINT IT SAFE Painting is the best way to remodel the house the way you desire and depict it. Paints add beauty and elegance to our house. However paints have negative impact to air quality because of presence of chemicals called Volatile Organic Compounds (VOCs) and other toxic components that evaporate into air at room temperature and can cause a multiple health problems like nausea, dizziness, irritation of the eyes and respiratory tract and more serious illnesses like heart, lungs or kidney damage and even cause cancer. VOCs (volatile organic compounds) are the fumes that you smell while you paint, and sometimes several days after. A VOC is an organic chemical that becomes a breathable gas at room temperature. Some examples are benzene, ethylene glycol, vinyl chloride and mercury. VOCs in paint usually come from additives to the paint, such as fungicides, biocides, color, and contagious agents. These high levels of VOCs in paints can cause headaches, allergic reactions, and health problems to every age group irrespective of gender and in those with chronic illnesses. Concerns about air pollution and hazardous waste have greatly reduced the use of oil-based paints, which can release high amounts of VOCs and contain toxic solvents. Alkyd-based paints and latex paints are much safer, but some still have high levels of VOCs. For health and safety concerns, paint manufacturers around the country have made great strides in formulating paints that have no or low-VOCs and that provide excellent results. Some older buildings, particularly if they are pre-1960, many have been painted in the past with a paint made with lead pigments. Special care is needed in the safe preparation and removal of these coatings. The paints have to follow guidelines to get an Eco Mark certification provided by BIS (Bureau of Indian Standards). Solutions: - Low VOC or environment friendly paints or natural paints are the solution for this problem. Low and zero VOC paints have little or no smog forming emissions. Selecting low VOC paints can bring a major improvement in home air quality compared to high VOC paints. Since low VOC paints have lesser impact on air quality they are apt for schools, hospitals, workplaces and other buildings August 2013
also. They contribute to positive environment and economic effects. The low VOC paints are also known as Eco-Paints and are produced from fewer than 250 chemical components and more than 98 % of these chemicals are naturally derived from plant sources and minerals. . And natural paints are made with a limited number of minimally processed ingredients and are biodegradable. Natural paints are paints that are made with raw ingredients such as clay, chalk, marble, and earth and mineral pigments and that are not produced with petrochemical (oil-derived) or synthetic ingredients. There are many different kinds of natural paints, which include lime paint, casein (milk) paint, clay paint, and distemper paints (like Unearthed Plant Glue Paint).
However paints have negative impact to air quality because of presence of chemicals called Volatile Organic Compounds (VOCs) and other toxic components that evaporate into air at room temperature and can cause a multiple health problems like nausea, dizziness. Difference between natural paints and conventional paints: The differences between natural paint and conventional paints are significant not only to your health and the environment, but also to building health. With their synthetic binders (usually acrylic or vinyl), conventional latex paints produce a plastic-like coating on your walls that does not allow moisture to pass through. In comparison, natural paints are breathable and contribute to a positive room climate. Using natural paint prevents moisture problems. The diffusion open qualities of natural paint are especially desirable in highly- insulated passive houses. Options: - Sometimes simply washing walls and/or using little touch up can make them appear new. When it is necessary to paint use low VOC or no toxic products and water based paints. This will eliminate the need of toxic elements for cleanup. A more durable
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ENVIRONMENT paint is less expensive in the long run. A 10-year durable paint may cost more than a 5 year-durable paint but there are other costs for repainting like labour which should be considered while selecting paint. Proper preparation is also critical for durable paint application. All surfaces must be clean and dust free, with any visible cracks, peelings or blisters removed. If there is an existing paint, determine what it is and appropriately prepare the next coat. Make sure to use primers and top coats that are compatible. TYPES OF NON-VOC PAINTS Natural Paints and Finishes: - These are paints made from natural ingredients like water, plant oils, resins, plant dyes, essential oils, natural minerals like clay, chalk and talcum, milk casein, natural latex, bees, wax, earth and natural dyes. Water based paints give almost no smell. These paints are not known to have any allergies and are considered to be safest.
do is enter the dimensions of the room or rooms you want to paint, the kind of paint you want, the non-paintable area, doors, windows etc. Once you hit calculate, you will get the details of how much the paint, primer and sealer you will need and how much it will cost you. You will also get the approximate labour cost. You do not have to have your home painted by these companies. You could hire your own painter. A good painting job will make your home come alive. Some simple precautions and small steps can ensure that your walls remain like new one for a longer time. P Most wall paints (like emulsions and washable distempers) are washable. This means they can be periodically cleaned with mild soap water solution. However, stubborn and very old stains are difficult to remove from the film. P Cleaning can be done at least 2 weeks after application of finished coat for removing the dust collected on the surface. P Special care should be taken of the passages, kitchens and children's rooms. P Every month keep a day aside to clean the walls. Use a sponge and mild soap solution and lightly scrub the areas that have stains. Heavy scrubbing may result in permanent damage to paint film. P In case there is an incidence of severe staining (like spilled food etc.) clean the walls immediately before the stain dries up. P Children's rooms are likely to get dirty far more quickly than the rest of the house. Hence it is advisable to get a single coat of paint done every two years or so. However one must ensure a mild sanding of the surface with emery paper 400 for making the surface conducive for fresh paint application. P Check your walls periodically for signs of paint flaking or peeling. This could be the first signs of water leakage or seepage problems. The moment such problems are noticed, get a contractor to look at the problem area. If the problem is localised (only occurring in specific areas) and the source of the water seepage is detected, have it rectified immediately to prevent the water seepage to spread. This might mean repainting of one or two walls. Ignoring the problem however will aggravate the matter and will turn out to be much more expensive later. P The enamel paint on the doors and windows exposed to sunlight loses its gloss over time. It is a good practice to apply a single coat every two years to keep them looking fresh. However one must ensure a mild sanding of the surface with emery paper 400 for making the surface conducive for fresh paint application.
Zero VOC: - Paints with 5gm/l or less VOC are called zero VOC paints. Low VOC: - Low VOC paints, finishes and varnishes use water as a carrier unlike petroleum based solvents. So the harmful emissions are less. Low VOC paints emit an order till dry and if you are sensitive then you should not choose any point with VOC greater than 25gm/l. Natural Paint: - Casein paints are made primarily from milk proteins, lime, and non-toxic pigments. This may be the most ecofriendly paint available, but it's not without some practical drawbacks: the paint is not nearly as durable as modern coatings and colour choices are limited. Casein paints are usually supplied in powder form and should be mixed with water immediately before application. Painting tips: 1. If the paint you choose does contain some VOCs, there are ways to lessen their impact on the air quality in your home. Below are some helpful hints: 2. Make sure your work area is well ventilated with outside air. Use a fan to make sure that fresh, outside air is continually moving into and out of your work area. For health and safety concerns, paint 3. If possible, leave the house for a while after you paint. Keep the area vented to the outside while you are gone. manufacturers around the country have made 4. If you cannot leave, try to stay out the painted rooms for along as great strides in formulating paints that have no possible. Shut the doors and the air ducts, and opens the windows to or low-VOCs and that provide excellent results. that area. Proper clean up and disposal of paint Few Paint Brands that are eco friendly: Proper disposal of paint protects you, garbage collection workers, 1. Asian Paints 5. MRF and the environment. If you've used latex paint, wash brushes and 2. Dulux 6. Nippon rollers do not drop them in the sink with soap and warm water. Don't 3. Nerolac 7. Artilin rinse your brushes on the grass or in the gutter-it could end up in a 4. Garware 8. Snowcem nearby creek where it could harm fish and wildlife. Take the lids off of Cost: You don't need to rely on painters to tell you how much the any empty latex paint cans and let them dry, then throw these into the paint job will cost you. Just go online and check out the sites of Asian trash with the lids off. paints, Dulux or Nerolac, which have paint calculators. All you have to 36 Twin Cities REAL ESTATE BULLETIN August 2013
SAFETY GYAN
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SAFETY GYAN
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INVESTMENT GYAN With the economy booming and the ever expanding IT sector sprawling on to new avenues within any city, a growing number of expat professionals are packing their bags to kick start and oversee business operations in India. Ideally the preferred accommodations are hotels or office guesthouse. Serviced apartments or Studio apartments are giving the second choice for the business travelers something to look out for. And this is exactly the fraternity that is pushing the growing demand for service apartments in India. Service apartments are eloquently decorated flats with all the modern amenities including latest white goods and furniture systems, let out to expats or company executives. Interestingly, in the metros, 12-18 per cent of the hotel business is of extended stay. The potential for this segment can be gauged by the fact that at least another 20 percent of business travelers stay in guest houses or private homes of companies. Serviced apartments can become a popular option for generating higher rental income from value-added temporary housing market and longer stays, while others are more services when professional property management companies start geared up to catering for business travelers or providing offering services and finding guests. The potential for this market to accommodation for tourists. Decide what you need, and state this grow is raising extremely high, particularly in terms of services clearly when you are booking. sector and increased penetration, in not just primary, but secondary and tertiary markets as well. The concept of service apartments is comparatively new in India but is high in demand. They are fully The concept of service apartments is equipped and self-catering units that combine the amenities of a comparatively new in India but is high home. The service apartments provide the facilities of housekeeping, self-help kitchen, laundry, room-service, 24-hour in demand. They are fully equipped and receptionists, high speed internet connectivity, power back ups, in provide self-catering units that house gyms or health clubs and security and travel desk. Certain service apartments also provide facilities like that of sightseeing, combine the amenities of a home. entertainment tours and onsite convenience stores. Cities like Gurgaon, Pune, Hyderabad and Chennai fare well in terms of job What is on offer? creation because of IT/ITeS companies who are setting up there base Extended stays hotels in these places, which in turn is increasing the demand for residential Many of the leading hotel brands around the world offer properties. Service apartments are mostly preferred by business extended stays via serviced apartments. These provide flexible travelers who look for independent stay. These apartments are more accommodation for leisure or business travel use, providing, popular in places which are in close proximity to commercial hubs. typically, a kitchen, a lounge and generally more space than a hotel Within Hyderabad, localities like Madhapur, Gopanhalli, Kondapur room. Bookings range from a few nights to several weeks or months. and Hi-Tech City, are some of the places that houses most of the IT Serviced apartment operators companies and therefore, developers are more interested to launch Operate and manage their own apartments and have in-depth serviced apartments in such places. Recently Hyderabad-based firm knowledge of their properties and the locations they are based in. No PBEL Property Development (India), has unveiled two towers middleman. Length of stay can be weeks or months. Many will now dedicated to service apartments within its larger PBEL City township accept bookings of a few nights and can be flexible regarding rates for project, comprising a total of 13 towers, at APPA Junction on the weekly commuters and longer stays. periphery of the city. Serviced apartment agents Accommodation can range from deluxe to functional, with Operate and manage their own apartments but also work in everything in between. This is an ideal solution for anyone on the networks with other providers to offer more volume and/or move, such as: accommodation in more geographical areas. They try to ensure = Expatriates waiting to go into longer-term rented uniform standards and style of property and furnishing. Length of accommodation stay can be weeks or months. Many of them accept bookings of few = Employees on short-term assignments nights and can be flexible regarding rates for weekly commuters and = Indian families waiting to move into their new home longer stays. = Business commuters working away from home on a project or Booking agents commuting weekly Look out for available sources and book available property to There are a variation of standards and a variety of serviced match your length of stay, price, location and standards criteria. accommodation providers, used to dealing with the corporate August 2013 Twin Cities REAL ESTATE BULLETIN 39
SERVICED APARTMENTS
INVESTMENT GYAN A cost-effective way Serviced Apartments are seen to be a cheaper option for the cost conscious customer. They are priced comfortably and generally at par with the prevailing rent structure of apartments in that particular locality and usually no extra charge is levied upon for the number of occupants. As opposed to hotel rooms which are priced on the charging of room nights and an additional amount based on number of occupants. Additionally the service apartment range is based on the long term stay, and rates are positioned appropriately and are comparatively cheaper than hotels. Hence Serviced Apartments are a far more rational choice than hotel rooms or guest houses. Serviced apartments what to expect amongst real estate Serviced Apartments are Typically, apartments come with one or two bedrooms, although developers too due the seen to be a cheaper larger apartments with three or more bedrooms, suitable for product being families, are available. One-room studios can also be found. They essentially cheaper to o p t i o n f o r t h e c o s t offer the flexibility of a kitchen, and are usually fitted out with a fairly operate than hotels as conscious customer. They extensive range of crockery, glasses, kitchen utensils, and equipment operational factors such are priced comfortably such as a washing machine, iron and dishwasher. Internet facilities, a as staffing levels are TV and a sound system are standard and can be of very high quality. and generally at par with comparatively lower Some providers offer a laundry service and a weekly cleaning within than in hotels, and can t h e p r e v a i l i n g r e n t the price or at additional cost. Security is usually a priority, and there f e t c h r e t u r n s o n structure of apartments may be 24-hour reception/porter service. If this is important to you, investment of upto 9-14 in that particular locality. check the security arrangements before you book. Concierge per cent. Serviced services may be available, and access to business support services, residences are still an upcoming trend in Indian realty market and such as computers, fax, couriers and so on, can usually be organized. lack of awareness about them is hampering their growth. Thus it has Required equipment for children for example, a cot, additional beds, become vital to make people familiar about the concept and use of or a high chair can be arranged by the owner of the service serviced residences. However, it is a pity that while the sector is apartment. Properties are usually apartments rather than houses, growing at such a massive level, till now no comprehensive research and there may not be access to a garden or open space, so check this has been done on the segment leading to lack of data on available in advance. Parking may be provided, or there may be arrangements inventory. The absence of clear-cut government policy or guidelines with a local car park. Payments For short stays, has to be paid in regarding licensing or taxation for serviced apartment is a major advance. One can negotiate weekly or monthly rates according to hindrance. The promoters find them difficult to manage as they are length of stay. For longer stays, a deposit will be required and there either treated as hotels or guest houses. There should be a proper will be a contract to sign. If your company is paying, check the categorization of them so that they can actually run fast on the track procedure regarding authorization and contract. Additional costs for of growth. example, internet and laundry services may be billed separately. According to an estimate, around 5.78 million foreign tourists Checking in and find out in advance the arrangements for gaining visited India in the year 2010 and the growth rate was 9.4 per cent. In access to your apartment, particularly if you are arriving late at night, the same year, the domestic tourism stood at 740 million. Also, by at the weekend or over a holiday period. Make similar arrangements 2013, the Indian hotel room market is estimated to grow from Rs. 74 when departing. Most providers are very service driven and geared billion to Rs. 119 billion translating an astonishing 17 per cent. up to making everything as convenient as possible for the user. According to the Cushman and Wakefield, currently within the Indian A Money making deal market, serviced apartments are in a nascent stage of development. Not only to the customers, the serviced residences are also a great Due to an array of economical and societal developments, the growth investment opportunity for buyers as well as developers as they give of the long stay market has been on the fast track. Evidently, the assured returns; sometimes as high as 50 per cent, after deducting present well established global brands have started to explore the maintenance charges. According to Mr. Gulati whose company opportunities and set shops in the Indian market namely, Oakwood Assotech Realty owns and manages one of the most successful Premier, Ascot and Frasers etc in the past 5 years. By 2015, as per serviced apartments in NCR, Cabana at Indirapuram “Offer's the formal announcements Bridge Street, a major global player operating concept of operational returns wherein an investor invests in buying over 50,000 apartments worldwide is likely to have its brand a suit whose rent varies from Rs. 2,000-10,000 per night depending presence in the Indian market with its first franchise agreement with upon the size, facilities and duration of the stay demanded”. The Logix Developers. The whole data itself determines the huge rental income earned is divided equally among all the investors and a potential lying untapped in this segment. With increasing number of part is kept by the company for running the day-to-day expenses like MNCs and IT companies, we anticipate excellent growth opportunity maintenance, security, wages, administration, housekeeping etc. The for the serviced residence sector in the next 4-5 years. The growing investor is paid a continued rental per month as a return on his Indian economy has made our corporate sector grow at a good rate. investment and we have been able to offer return as high as 24-25 per With a more evolved and discerning base of customers, serviced cent., subject to the occupancy and demand pattern.” “In addition, residence are certainly here to stay. serviced apartments have been seen to be gaining more significance 40 Twin Cities REAL ESTATE BULLETIN August 2013
GO GREEN
August 2013
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REPORT CARD
EENADU PROPERTY SHOW
( August 2013
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NEWS
Source: News pages & Sites..
Metro to impact Hyderabad's realty landscape
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yderabad is a good option to invest in South. Lower prices for residential and commercial properties are the main driver for the influx of investments in the city. The year 2013 looks very promising. The demand and trends already are very encouraging. The undercurrents are very strong for both the residential and commercial markets in Hyderabad. The investors and end users are aware that the infrastructure of the city is excellent and the prices are still low when compared to the other main cities of the country. The current absorption levels of flats, commercial properties and plots surely indicates that the end consumer has no hesitation whatsoever when he is investing in real estate here. A basic thing for every consumer to consider before investing in any project anywhere in the country is that he should look at the creditability and the track record of the builder before investing as this comes very handy both in situations of temporary slowdowns and low sentiments. This is the best time to invest in Hyderabad for buyers and investors. Our data shows a
definite increase in the end users numbers. Good commercial projects with assured returns in commercial properties are up for grabs. Good amenities are being offered at very reasonable prices for residential projects too. In fact, it is a huge opportunity for people to invest in Hyderabad as the rates here are almost half of a similar quality projects in Bangalore or Chennai. North West Hyderabad and South East Hyderabad will grow the fastest. Since Hyderabad is relatively cheaper compared to the other cities, the urbanization won't stop. Migration from nearby cities and from old parts to the new city which is North West part of Hyderabad Hitech, Kondapur, Gachibowli side and South East near the Airport along Medchal Highway ahead of Bowenpally will continue to happen. The data shows varied patterns with locations like in the new developing sides and areas near the IT hub has youngsters in the age group of 27- 35 investing majorly. In Secunderabad / Miyapur / Appa junction the average age spans between 40-55 years suggesting that the local people have an interest and budgets focused approach.
Telangana to push property values in Hyderabad
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eal estate market in Hyderabad has woken up after a prolonged lull. The upward movement in recent six months is being seen as a new beginning for the city's real estate market. Telangana brought low customer sentiments with itself. However, now buyers have realized that Telangana will not impact the city adversely. In fact, declaration of Telangana will bring along high capital appreciation in the city. This has led the market to improve in the last few months. Even developers have started cashing in on the opportunity in terms of their marketing practices. Sales have gone up. Already Hyderabad is one of the best in terms of infrastructure, but after Telangana is sorted out, development in the city is inevitable. As compared to Bangalore, Hyderabad has lesser presence of IT and 44
software industries. However, the government has been very supportive in promoting IT/ITeS in the city by providing facilities such as land allocations and subsidies. Hyderabad has always been an end-users market. Not many investors are present here. Till now, the buyers were waiting for the conditions to improve. Now there is an accumulation of buyers and they are coming out to actually buy. They are more confident now that Telangana will only strengthen their investment and would not lead to losses. The city can definitely look forward to some good capital appreciation in the next one year. Infrastructural development such as ORR and the metro along with improved buyer sentiments over Telangana will take Hyderabad to new highs. Twin Cities REAL ESTATE BULLETIN
Metro to impact Hyderabad's realty landscape
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etro Rail has been a harbinger of change for the real estate sector in the National Capital Region (NCR). Similarly, Bangalore also saw a hike in property values in localities which were directly connected through the Metro. Now, it is Hyderabad which shows noticeable signs of improvement in realty markets of areas to be covered under the upcoming Metro. Uppal, for instance, has witnessed a rise in property values by almost 7 per cent in the Apr-Jun 2013 quarter . Rakesh Talwar, VP-Marketing & Sales, NSL Infratech says, “Metro certainly has created a buzz in the market, especially in Uppal and its nearby areas. This Eastern corridor is where the Metro starts from in Hyderabad.” Miyapur, Kukatpally Housing Board (KPHB) Colony and LB Nagar are a few other localities which are witnessing rising capital values. The data states a respective rise of 4, 7 and 10 per cent in these localities in Apr-Jun 2013 quarter. Sunil from Sree Property, says, “Uppal, Miyapur, LB Nagar and KPHB Colony have witnessed almost 15-20 per cent capital appreciation in the last one year. Multi-storey apartments in Miyapur which used to cost almost Rs 2,1002,400 per sq ft in 2012 are now available between Rs 2,500-3,300 per sq ft.” “The metro is spread across major parts of the city in form of three corridors. It starts from Nagole to Shilparam, from Miyapur to LB Nagar and from Jubilee Bus stand to Secunderabad to old city till Faluknama. People understand that with the coming of metro by the beginning of 2015, the city will become accessible from all directions and it would not matter where one stays and works.
ONLINE EDITION www.estatebulletin.in August 2013
NEWS
Hi-tech Hyderabad has no answer to tackling sewage
H
ome to Asia's first office of Facebook and Google's first engineering unit in India, these companies along with hundreds have taken Hyderabad right on top of the global map by providing zillions of solutions worldwide, but when it comes to tackling toilet waste, mana city has failed miserably. With very few of the total sewerage treatment plants (STP) working properly, waste flowing from the toilets of top IT companies in the southern city's "hi-tech" zone have polluted adjoining water bodies to such an extent that it's on the verge of an epidemic, environmentalists warned. Apart from housing offices of Microsoft, Oracle and IBM, global search engine Google, runs its worldwide engineering, online sales operations and human resource operations out of Hyderabad and many more big companies are opening office. But environmentalists are worried about how untreated waste from commercial and residential structures, straightaway find its way into nearby lakes and open drains, killing aquatic life and is now threatening humans. The lakes in the area are burdened with sewage, it seems the sewage water has seeped into the water table which can have devastating effects on human lives. Though some companies claim that they have STPs, most of the time untreated water is dumped into the nearby water bodies. Activists said most of the companies outsource the maintenance of the premises to third parties. This is not their core area of work and hence they are often in the dark on how these sewerage treatment plants are affecting the environment. Hyderabad, once home to over 3,000 lakes has been reduced to about 100-odd water bodies,
with most of them encroached upon or polluted with effluents dumped by chemical and pharma companies. There is every possibility of an epidemic like situation here due to accumulation of untreated waste," said USN Murty, head, Biology division of Council of Scientific and Industrial Research. The administration must immediately do something about sewage-filled Durgam Cheruvu, Medikunta Lake, Nanakramguda Lake and Patel Lake among others. Hyderabad's bustling Cyber City, spread over 30,000 acres, houses India's biggest international convention centre. It also houses "Mindspace", built on a new philosophy of working and living like home and a Green Business Centre to promote eco-friendly activities, but there has been no solution to the sewage problem. Environmentalists said the precarious scenario not only reflects on the "careless attitude" of the government, but also speaks volumes about the role of corporate bigwigs towards environment. In 2007, the government asked the HMWSSB (Hyderabad Metropolitan Water Supply and Sewerage Board) to implement a sewerage master plan for Hi-Tec City and adjoining areas. The work, to be completed over two years at a cost of Rs 200 crore involved setting up six sewerage treatment plants (STP) with a 91 km drainage line covering area in Cyber City along with its fringes. The project got delayed due to financial issues and relevant permissions. The construction of a few STPs is almost complete and will start functioning soon. The rules say any structure with a built-up area of 20,000 sq m should install a STP and this should be checked and monitored by the pollution control board on a regular basis, but this is rarely followed.
GHMC to seek government nod for revised property tax
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hough the draft notification for revising property tax was cleared six months ago, the Greater Hyderabad Municipal Corporation (GHMC) is in a dilemma over issuing a notification inviting objections and suggestions from citizens. The draft notification was cleared by GHMC commissioner MT Krishna Babu in December 2012, but it has been kept in abeyance due to stiff resistance from Mayor Mohd Majid Hussain and other public representatives. Official sources said the GHMC would seek the state government's nod for revising property tax now otherwise they might have to wait for two years. The Congress government and political parties might not agree for property tax hike before the general elections and GHMC elections in 2014. The municipal administration and urban development (MA&UD) department had in March, 2013, constituted the AP State Property Tax Board with the commissioner and director of municipal administration as chairman till a regular chairman is
appointed. The board, set up as per conditions laid down by the 13{+t}{+h} finance commission, gives clearances pertaining to property tax assessments, revisions and improving tax collections. Since the new property tax board came into existence in April this year, the revision of property tax can be done even if the standing committee and general council of the GHMC oppose the proposal. GHMC had collected about Rs 780 crore as property tax during the 2012-13 financial year and hopes to raise Rs 950 crore in the current fiscal, 2013-14. Officials claim the set target could be achieved only with hike in property tax and by bringing un-assessed properties into the tax net. The corporation has already begun the exercise to bring un-assessed properties into the tax net. If revision is effected, property tax of residential properties might be doubled in most areas of the city. As per the proposal, the minimum property tax would be increased to 80 paise per square feet (SFT) from the existing 40
paise per sft and the maximum tax could be Rs 3.75 per sft from the existing Rs 1.25. There might be reduction in property tax of commercial properties in municipal circles like L B Nagar, Kukatpally, Qutubullapur and Malkajgiri, while the tax might be hiked in Serilingamapally (11&12) circles. The property tax revision exercise began in July 2012 by dividing the city into 115 zones and 344 sub-zones based on abutting main roads, internal roads, lanes and by-lanes taking the annual rental value (ARV) into consideration. Nearly, 20% properties were surveyed before fixing the ARV. The property tax revision has been proposed based on location of the building, type of construction, plinth area, age of the building and nature of usage. It also depends on civic amenities like water supply network, roads, street lighting and factors like educational institutes, hospitals, shopping complexes, parks and playgrounds, banks and other development activities.
New real estate laws to boost residential segment
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he real estate regulatory bill, when enacted, is expected to boost demand for residential property. The Real Estate (Regulation and Development) Bill, approved by the Union Cabinet on 4th June, provides for setting up a regulator for the sector and has provisions like jail term of up to three years for developers for offences like releasing misleading advertisements. The Bill will incorporate mandatory disclosure clauses, which would provide greater clarity on the project standards and timelines for completion. For developers, while this bill implies stricter regulatory control, it will also translate into better demand, as buyer confidence improves. Delays in hand-over of projects are likely to decline as clauses August 2013 Twin Cities REAL ESTATE BULLETIN 45
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Projects
GAYATRI AVENUE Builder:- Gayatri Developers & Promoters. Property Type:- Residential Luxury Apartments. Office Address:- Plot no.7 Indra Nilayam , 2nd floor, Sanjeev Co-op Housing Society, Mahindra Hills, Secunderabad-500026. Location:- Alwal, Secunderabad. Bedrooms:- 2 & 3 BHK. Area Range:- 842 to 1440 Sq. Ft. Starting Price:- Rs. 2400 per Sq.Ft. Possession:- 2014. Contact Number:- 9502632223, 9502732223.
ROCK CLIFF Builder :- Tirtha Projects India Pvt. Ltd. Property Type:- Furnished Comfort Apartments. Office Address :Sy. No.57, Behind GRK Garden & Jain Housing, Bandlaguda, Hyderabad. Location:- APPA Junction-Bandlaguda. Bedrooms:- 2 & 3 BHK. Area Range:- 1125 to 1515 sq. ft. Starting Price:- Rs. 22.38 Lac (*Amenities Rs. 2 Lakhs Extra). Possession:- Ready to Occupy. Contact Number:- 9908155115, 9866150175.
HONEY DEW Builder:- Aakriti Infraprojects Pvt. Ltd. Property Type:Residential Apartments. Office Address:- Flat No 201, zeenath Residency, Opp: Noodle King, Srinagar colony Main Road, Hyderabad, India. Location:- Gachibowli. Bedrooms:- 2/3 BHK. Area Range:- 1055 Sft to 2026 Sft. Starting Price:- 2BHK 25 Lakhs Onwards, 3BHK 30 Lakhs Onwards. Possession:- By 2013. Contact Number:- 9030051122 / 9030051166.
RNS DREAM HOUSE Builder:- Bommaku Constructions. Property Type:- Independent houses / Villas. Office Address:- Plot No # 112, RNS Colony, Near CCMB Colony, Boduppal, Ghatkesar (M), Rangareddy (Dist), Hyderabad-500039. Location:- Near Habsiguda, Boduppal. Bedrooms:- 3 BHK. Area Range:- 150 Sq.Yds to 1000 Syds. Built up area:- 1600 Sft. to 3000 Sft. Starting Price:- Rs.42 Lakhs onwards. Possession:- 6 Months. Contact Number:- 8801388237.
GACHIBOWLI COUNTY PHASE VI Builder:- Green City Estates. Property Type:- Residential Plots. Office Address:- Guru Krupa, 1st Floor: 8-2-598/A/1/128 Lane Beside Star Hospitals, Road No 8, Banjara Hills, Hyderabad-500034. Location:Mokila, Gachibowli , Hyderabad. Area Range:- 100-150 Yards and Above. Starting Price:- Call for Price. Possession:- Ready to Occupy. Contact Number:- 91 9866666541, 9989940769. 46
Twin Cities REAL ESTATE BULLETIN
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FRESH LIVING APARTMENTS Builder:- Vaishnavi Estates. Property Type:- Residential Apartments. Office Address:- 2C, Second Floor, Nandanavanam, 24/A, Vengalarao Nagar, Hyderabad-500 038. Location:- Madhapur, Hitech City, Hyderabad. Bedrooms:3 BHK. Area Range:- 1484 -2908 sq. ft. Starting Price:- Rs. 4500/- per sq. ft. Possession:- A Block September 2013, B Block June 2013, E Block January 2014. Contact Number:- 91-9948280000.
Builder:- SANKALP HOMES. Property Type:- Multi-storied Residential Apartments. Office Address:- Aditya Ram Square, 8-2-293/82/A/646A, Road No.36, Jubilee Hills, Hyderabad-500 033. Location:- Old Bowenpally, Hyderabad. Bedrooms:- 2 BHK. Area Range:- 1025 to 1290 sq. ft. Starting Price:- Rs. 22,29,375/Onwards. Possession:- December 2011. Contact Number:- 09030051199 .
A & B RESIDENCY Builder:- Adam and Bandari constructions. Property Type:- Residential Apartment. Office Address:- 8-1-347/B/9/1 to 347/B/9/4, Rahul Colony, Beside Aziz Bagh Colony, Tolichowki, Hyderabad-500008. Location:- Rahul Colony, Beside Aziz Bagh Colony, Tolichowki. Bedrooms:- 2 & 3 BHK. Area Range:- 904 - 1850 Sft. Starting Price:- On Request.Possession:- August 2014. Contact Number:- 91-9959377737 / +91-9246118867.
GAUTHAMI ICONIA Builder:- Gauthami Developers. Property Type:- Residential Apartments. Office Address:- Plot No- 42 To 47, Flat No 207, Shyam Nagar, Telecome Nagar, Gachibowli, Hyderabad. Location:- Gachibowli, Hyderabad. Bedrooms:- 2 / 3 / 4 BHK. Area Range:- 1225 to 2940 sq. ft. Starting Price:- Rs.3900/per sq. ft. Possession:- Ready to occupy. Contact Number:- +91 9346279107, +91 9347187711.
GOLDEN COUNTY Builder:- Bhashyam Developers. Office Address:- 201, Sri Ramasethu Nilayam, Opp: Community Hall, S.R. Nagar, Hyderabad-500038. Property Type:- Residential Plots. Location:- Gachibowli, Hyderabad. Area Range:- 100 - 1000 Sq.Yds. Starting Price:- Rs. 5499 Per Yd. Possession:- Ready To Move. Contact Number:- +91-9985644799.
August 2013
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SERVICES GUIDE INDEX 1) ARCHITECTS 2) AIR CONDITIONING 3) BORE WELL CONTRACTORS 4) BUILDERS 5) ELECTRICAL CONTRACTORS 6) ELEVATORS 7) FIRE PROTECTION 8) GENERATOR 9)HOTELS 10) HOUSING FINANCE 11) INTERIOR DESIGN 12) LANDSCAPE ARCHITECT 13) LAND SURVEYORS 14) MODEL MAKERS 15) PAINTING CONTRACTORS 16) PEST CONTROL 17) REAL ESTATE 18) SECURITY SYSTEMS 19) STRUCTURAL ENGINEERS 20) VASTHU 21) VENETIAN BLINDS / VERTICAL BLINDS 22) WIRE MESH 23)WATER PROOFIN
ARCHITECTS
HANUMAN PLANNERS Architects & Engineers. Vastu Planners, Valuers, Surveyors, Engineers & Contractors. #16-11-310/15/1/3, Shop No:5, Sandya Giri Tower, Opp:- T.V. Tower, Malakpet, Hyderabad-36. Tel: 9247471986. hanumankprasad@gmail.com. KUTEER INFRA Architects-Engineers-Interiors. Plot No. 7-1-34, 203, 2nd Floor, Sridevi Mansion,Lane beside Divyashakthi Apartment, Shyam Karan Road, Ameerpet,Hyderabad-16. Tel: +9140 65533122 / 9989499360.venugopal@kuteerinfra.com. URL: www.kuteerinfra.com. SREE DHATHRI ASSOCIATES Flat No.202, Rock Home A pats., Rock Hills Colony, Road No.1, Nagole Main Road, L.B.Nagar, Hyderabad-68. Tel: 9849170037/8885570031. laxmi1612@yahoo.com. STONE HOUSE (Interior & Exterior Natural wall cladding stones,Pebbles, Parking tiles). H.No: 3-11-468, Beside Ford Showroom, Nagole Road, L.B.Nagar, Hyderabad-74. Tel:-9989615555 / 9704581111. stonehouse.hyderabad@gmail.com. S.L.V. CONSULTANTS Architect, engineers & contractors. Office :- 13-241, 1st Floor, Near Corporation Bank, Beside Satya Sai Petrol Pump, NH-7, Main Road, Medchal, R. R. dist- 501401. Tel:- 9848220772 / 9290264610.
AJAY DESIGNS Architects & Interior Designers. H.No.7-8, Sai Ram Complex, Above Andhra Bank, Dilsukhnagar, 'X' Roads, Dilsukhnagar, Hyd-60. Tel: 9848293850. ajaydesigns@yahoo.com.
TRKR INFRASTRUCTURES architects, engineers land surveys & contractors. # 4-92/2/A, S-3, 1st Floor, Opp: e-seva, Chandanagar, Hyderabad-50. Tel:- 9291516445 / 9553114935. trkrinfrastructures@gmail.com.
COMFORT DESIGNERS Gate No.3, Shop:74 & 75, I F/L, HUDAComplex, HMDA, Tarnaka, Sec'bad-07. Tel:- 27014435 / 9849253207. comfort_designers@yahoo.co.in, URL: www.comfortdesigners.com.
FINGER-6 The design people Architects & Interiors Designers. #301, Pavani Annexe, Road No - 2, Banjara Hills, Hyderabad-34. Tel:- 040-64578766 / 9246216330. finger6projects@gmail.com. URL: www.finger6.net.
GEET H. No: 441, 4th Floor, PVT Market, Dilsukhnagar, Hyd-36. Tel: 32504492 / 9394700021. ganeshkotturi2000@yahoo.co.in. GRAFFITI DESIGNS (ARCHITECTURE / INTERIOR DESIGNERS & CONSTRUCTION CONTRACTORS). 3-5-1101/1B2, 2nd Floor, Lane Off: YMCA Blood Bank, Narayanguda Hyderabad-29. Tel:040-64590717 / 9246193717 / 9885455616. design.graffiti@gmail.com. PR CONSULTANTS 202, 2nd Floor, SSR Vijetha Complex (Above TMC Showroom), Dilsukhnagar, Hyd-60. Tel: 9440724614. pr_consultants2002@yahoo.com.
August 2013
AIR CONDITIONING COMFORT COOL SYSTEMS #1-1-379/82, SRT-125, First Floor, Jawahar Nagar, RTC 'X' Roads, Hyderabad-20. Tel:- 27621555 / 9885456672 / 71, ccs.suresh@yahoo.co.in. For Enquiry: ccs.daikin@gmail.com. NATIONAL COOL SYSTEM Multi branded Air-Conditioning Sales and Service Centre. Spl. In Window, Split, Multisplit, Tower, Cassette, Ducktable. #3-1-411, Near-Traffic P.S. Nimboli Adda, Kachiguda, Hyderabad-27. nationalcoolsystem@gmail.com URL: www.nationalcoolsystem.com.
Twin Cities REAL ESTATE BULLETIN
BORE WELL CONTRACTORS Harsha Borewells Road No.6, Sai Baba Temple, Budha Nagar, Uppal, Hyderabad-39. Tel:- 040-67120358.
BUILDERS NEW HABITAT INFRACON (INDIA) PVT. LTD. Beside Praga Tools, Opp: Old Kalpana Theater, Kavadiguda, Hyderabad. Tel:- 9959762277. URL: habitatinfra.com. R M CONSTRUCTIONS Engineers & Contractors. #1-11-110/2, Shyamlal Building, Begumpet, Hyd-16. Tel: 9848026913. rmconstructions@gmail.com SAMSKRUTI INFRA DEVELOPERS Development Plot-Yadagirigutta. Plot No.130, Road No.1,4th Cross, Rocktown Colony, L.B.Nagar, Hyderabad-74. Tel: 9985048344 / 9393571116. anjinallapati@gmail.com. URL: samskrutiinfradevelopers.com. SRI VENKATESWARA CONSTRUCTIONS Builders & Developers. Plot No.127, Shop No.2, S.V.C. Arcade, Vasavi Colony, R. K. Puram, Hyderabad-35. Tel: 9246521705. YOUR HOME DEVELOPER & ENTERPRISES #10-2-289/114/A, 1st Floor, Opp: Hockey Ground, Shanthinagar, Hyderabad-28. Tel: 040-3342036, 99551280282, 9392896889. www.newlimracity.com.
ELECTRICAL CONTRACTORS GLOBETEL TECHNOLOGIES (Suppliers of Maintenance free Chemical Earthing, ESE type Advanced Lightning Protection system, Surge Protection device) No.52, Bhavani Towers, 1st Floor, Opp: Indian Gas Agency, Anand bagh 'X' Roads, Safilguda, Hyderabad- 47. Tel: 27242381 / 984945157. globeteltechnologies@gmail.com. URL: globeteltechnologies.com. PREMIER ELECTRICAL & SELF CHARGING WINDING WORK S.No:- 7 Buddha Bhavanam, MCH Complex, Ground Floor, “A” Block, M.G. Road, Secunderabad-03. Tel:- 040-64513729 / 9177379092.
ELEVATORS
Designs: Passenger Lifts, Goods Lifts, Hospital Lifts Capsule Lifts, Hydraulic Lifts, MRLLifts & Home Lifts #9-1-159/3, II Floor, ‘Gomez Building’, Sebastian Road, Sec-03. Tel: 040-27700039 / 7799543245 / 9666606737. needgroup@ymail.com, needelevators@yahoo.in.
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MAX Elevators Lift installation, Maintenance & Modification of all types lifts. We supply quality passenger goods, Dumb waiters, Hospital services elevators, Hydraulic & Auto Door Lifts. #7-1-307/17/48/B, Subash Nagar, SanathNagar, Hyd. maxindia2011@gmail.com. MEGHA POWER ELEVATORS We supply quality passenger goods, Hospital services elevators, Dumb waiters, Hydraulic & Auto Door Lifts. #2-1-50/82, Mahankali Nagar, Kukatpally, Hyderabad-75. Tel: 9059488385 / 9397338654. meghapowerelevator@gmail.com. OSCAN ELEVATORS Pvt. Ltd. Flat No. 402, Venkoti Buildings, Plot. 809, Sri Ayyappa Society, Madhapur, Hyd-82. Tel:- 23119910 / 90 / 9949966669. rajuagk@oscanelevators.com. Info@oscanelevators.com.URL:oscanelevators.com. Our Branch Offices: A.P.,Bangalore,Chennai,Mumbai. SG ELEVATOR'S Passenger Lifts, Hospital Lifts, Goods Lifts. #38-15/22/2, Road No.6, Shivasai Nagar, Vayupuri, Sainikpuri, Secunderabad-94. Tel: +91 40 40164354 / 9177773990. saiganeshelevators@gmail.com. S V M LIFTS Regd: 2007. Plot No. 20, Bhagya Nagar Colony, Near: M S Function Hall, Hydershakote, Golconda Post, Hyd-08. Tel: 9885744667 / 9000344066. svmlifts@gmail.com. URL: www.svmlifts.com. WORLD-TECH ELEVATORS All Types Lifts sales, Service & Maintenance & Installation. #8-4-380/1/20/A, Prem Nagar, Erragadda, Hyderabad-18. Tel: +91 939 110 3204 / 7569 301815. worldtechelevators@yahoo.com.
FIRE PROTECTION Diamond Steel & Engg.co #5-5-79/G-7, Ground Floor, Sri Srinivasa Commercial Complex, Ranigunj, Sec’bad-03. Tel:- 040-66385277. dsec63@rediffmail.com / dsec@in.com.
GENERATOR NITER POWER GENTECH Authorised Dealers for Cummins, Kirloskar Generators. No.52, Bhavani Towers,1stFloor, Opp: Indane Gas Agency, Anand bagh ‘X’ Road, Safilguda, Hyderabad- 47. Tel:+91 40 27243160 / 9848024758. info@interpowergenetech.com. URL: www.interpowergentech.com. MARCO POWER 511 Srinilaya Estate, 8-3-945,Ameerpet, Hyd-73. Tel:666223941,9391018487. marcopower1@ymail.com. URL:- www.hyderabadmarcopower.com. S.V.R. CRANE SERVICES Mobile & Telescopics, Latic Boom, Crawler on Hire 12 tones to 200 tones. Plot No.3A, Block 26, Double Road end, Auto Nagar, Hyderabad-70.Tel: 9949273555 / 9391015105.svrcranes@gmail.com. S.V. R AGENCIES #1-7-659/A/1, Ramnagar, Hyd-20. Tel:- 9949273555 / 9391015105.svr_dg@yahoo.com.URL:svragencies.com.
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HOTELS Beccun Restaurant& Resorts Opp: Old MLA Quarters, Hyderguda, Hyderabad -29. Tel: 9494541600 / 9866430107.
HOUSING FINANCE Aquarius Financial Services 301, Navaratna Encl, Nallakunta, Hyd- 44.Tel:- 65547760.
INTERIOR DESIGN ART INTERIORS Interior Studio / Designingplanning / Constructions & Developers. #506, 5thFloor, Navketan Complex, Above ICICI Bank Building, Near Clock Tower, Secunderabad-03. Tel:66380000, 9963211163. Indira.pn@gmail.com. B. R. INTERIORS & DEVELOPERS H.No.2-2-644/f, CE-Colony, Near Ayyappa Temple, Bagh Amberpet, Hyd-13. Tel:-040 - 27400629 / 9866611616. DESIGNROSE Destination Design. Interior Designers, Consultants & Turnkey Projects For Corporates, Residences, all Interior Works & Civil Construction. #70, G-IV, Excel Apts, Seshachala Co-op-Society, West Marredipally, Secunderabad-26. Tel: 65504151/ 9246174151. designrose@hotmail.co/ jude@designrose.com. www.designrose.com. LAXMI INTERIOR H.No.11-7/101, plot no.C51, Huda Colony, Saroornagar, Hyderabad-35. Tel: 9885619444. laxmiinteriors.tanneru@gmail.com. LN INTERIORS Interiors-C.N.C wood carving-False ceiling. Shop: # 211, 212, 213, Kalichambers, Opp: Mythri Nagar Kaman, Madeenaguda, Miyapur, Hyderabad-50. Tel: 040-23041166 / 9246360243. lninteriors.hyd@gmail.com. URL:www.lnintriorsgroup.com. PRA INTERIORS Lakshmi Complex Main Road, Shop No.30,31,32, Erragadda, Hyd-18, Tel:64545543, 9700066674. info@prainteriors.com.
LANDSCAPE ARCHITECT EFGH ASSOCIATES SAVE NATURE Landscaping / Water Creations/ interiors #45/c, 1st Floor, M.L.A's Road no.12, Banjara Hills, Hyderabad-34. Tel: 040-64578699 / 9966178699, polojuvenkat@efghassociates.com, URL: www.efghassociates.com.
GALAXY GEOMATICS PVT LTD A Complete Surveying Solution. Indian H.O: IIIrd Floor, Above Canarabank, Vijayanagar Colony, Hyderabad-57. Tel:- 65555528 / 9391085830. layeeq@galaxygeomatics.com. Branch Off: New Delhi, Dubai, Abudhabi.
MODEL MAKERS Hi Tech Models 8-2-293 A22, Indira Nagar, Main Road, Hyderabad. Tel:- 09849034657 / 27627405.
PAINTING CONTRACTORS Mayuri Painting Work #3-3-591, Chappal Bazar, Kachiguda, Hyd. Tel:- 9160039907.
PEST CONTROL REDDORKINS PEST CONTROL Expertised Treatment for Termites, Cockroaches, Woodborers, Bedbugs, Rodents, Rats, Honeybees, Ants, House Fly's, Lizards, Spiders. #6-5-286/1A, 1st Floor, C.C. Nagar, New Bhoiguda, Secunderbad-80. Tel: 9989956152 / 9885076578. info@reddorkinspestcontrol.com, URL: www.reddorkinspestcontrol.in.
REAL ESTATE CORPORATE REAL ESTATE Plot No.2, Sunrise Homes, Beside Shanti bagh Apts., Opp: Country Club, Begumpet, Hyderabad-03. Tel:- 9866270258 / 9949692200. corporealestate@gmail.com, URL: www.corporateinfra.com. NEW SUPER PROPERTY DEALERS Consultant in: Flats, Plots, Independent Houses, Bunglow & Farm Lands, Purchase & Sales. (GHMC Work also under-taken). S.No. 8-1-523/271/6, Sabia Complex, Opp: SBI Bank, Brindavan Colony, Toli Chowki, Hyd-08. Tel:- 9246377100,9390009816, 9032317552. SHREE SAI SUJATHA FARMS & DEVELOPERS (an unit of tvnr group). H.No: 2-4-663/4 To 7, Prashanthi Nilayam, 1st Floor, MainRoad, No.2, New Nagole Colony, Hyd-35. Tel:- 64564365, 9246825365. URL: www.tvnrgroup.com. SHASHANK AVENUES PVT.LTD Venture @ Kadthal, Sri Satam Highway, DTCP Layout, Gated Community Next to International Airport. #203, 3rd Floor, Shri Datta Sai Apts, Behind TMC Showroom,Gaddiannaram, Dilsukhnagar, Hyd-36. Tel:-66135611/14. sri@shashankavenues.com, URL: www.shashankavenuess. com.
LAND SURVEYORS LANDMARK Surveyors & Engineers. #2-42/1. Flat No.201, Iind Floor, CETS Apartment Behind Petrol Bunk, Beside ICICI Bank, Chaitanyapuri, Dilsukh Nagar, Hyderabad-60. Tel:- 24053499 / 9000955900. landmark_surveyors@yahoo.co.in, URL: www.landmarksurveyorshyd.com.
Twin Cities REAL ESTATE BULLETIN
Specialized in Independent, Duplex, Row Houses. Venture Developers Prime Plot / Land Sale & Purchase #9-1-159/3, II Floor, ‘Gomez Building’, Sebastian Road, Sec’bad-03. Tel:- 7799543245 / 9666606737 / 27700039.needbuilders9@gmail.com, gracce9@gmail.com.
August 2013
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HYDERABAD OM SREE PRUTHVI DEVELOPERSS P.No:- 86, F.No:- 2, 3rd Floor, Kamala Nivas, Near Astalaxmi Temple, Vasavi Colony, Kothapet, Hyderabad-35. Tel:-31920768, 9393920768, 9394585615. Venture in Kadthal, Srisialam Highway, Near Rajeev Gandhi Int Airport. RUDRA SREE HOUSING PVT. LTD. 404, 403, 5th Floor, Shri Datta Sai Complex, Gaddi Annaram, Dilsukhnagar, Hyderabad-36. Tel: 7842642705 / 8520037077 contact@rudrasree.com. URL:- www.rudrasree.com. SHATHABDI TOWNSHIP PVT. LTD. #3-5-356, 2nd Floor, Jai Bhavani Towers, Vittalwadi ‘X’ Road, Narayanaguda, Hyderabad-29. Tel:- 9912156888. ksrinivasreddy888@yahoo.com. SIRI ASSOCIATES PROPERTY CONSULTANTS Deals in Commercial / Residential Plots / Flats / Independent Houses, Rental Income properties & Agricultural lands, Plot No. B-38, Ground Floor, MIG, Indian Air Lines Colony, Begumpet, Sec’bad-03. Tel:- 65177725 / 9885516833, Fax: 040-40149929. info@siriassociates.co.in, URL: www.siriassociates.co.in. SRI BHARGAVI AVENUES INDIA PVT. LTD. H.No.3-11-132, 1st Floor, Opp: Big Bazar, RTC Colony, L.B.Nagar, Hyderabad. Tel: 9247769833. SUPER GOOD ESTATES #17-85/C/106/5 & 6, 2nd Floor, Annapurna Complex, Dilsuknagar Main Road, Hyd-60. Venture at NH-9, Near Ramoji Film City, Nerepally Village, Ibrahimpatnam Mandal, Tel:- 040-66313455 / 9700778778.
SECURITY SYSTEMS CRM ENTERPRISES Pvt. Ltd. Channel partner for GUNNEBO. Safe Locker (Domestic & Corporate)-Fire ExtinguisherCCTV - Office Furniture. #3-6-690, Flat -203, D.V.Arcade, Street No.10, Himayatnagar, Hyd-29. Branches: Vizag, Vijayawada, Nellor, Warangal. Tel:-66660069 / 9848170069. chakravarthi@crmsteelage.com.
ION Technology Dealers for CCTV, Access control System, Fire Alarm System, Intrusion Alarm System, Vehicle Tracking system. #64/2RT, Prakash Nagar, Begumpet, Hyderabad-16. Tel:- +91 40-40202628 / 9949436096. vamsi@iontechnology.in, URL: www.iontechnology.in.
B.E. REDDY & ASSOCIATES Structural / Civil / Chartered Engineers, Town Planners Architectural Consultants & regd, Valuers & Survey & Loss Assessors. Approved Valuer For SBI, Canara Bank. Opp:#105. 1st Floor, YMCA Complex, SP Road, Secunderabad - 03. Tel:- 27800008, 9848441307.
VASTHU
KNIGHT TECHNOLOGIES # P.NO.11, 1st Floor, Public Sector Colony, New Bowenpally, Secunerabad-11. Tel:-32992160 / 9948679045. Info@knighttechnologies.in, URL: www.knighttechnologies.in.
SRI SAI VASTHU CONSULTANCY #3-2-4, Kingsway, R.P. Road, Secunerabad-03. Tel: 9885446501/ 9885449458. danthurivaastu@rediffmail.com.
LAXTEK SECURITY SOLUTIONS PVT. LTD. Super Stockist for Micro Retail Limited, MIG 7/3, First Floor, 3rd Phase, KPHBColony, Kukatpally, Hyderabad-72. Tel: 64559424 / 9676699424. rao.penke@laxteksecurity.com.
VENETIAN BLINDS / VERTICAL BLINDS Drapes N More 4-1-969/1/2, 1st Floor, Shankarlal Building, Abids, Hyderabad-01, Tel:-09848022900.
S.S. ELECTRONICS & SYSTEMS # 5-19, Nagaram Main Road, Near ECIL ‘x' Road, Hyderabad-83. Tel:-32211616/ 8978441616. infosales@shivsaiindia.com, vanam1616@rediffmail.com. URL: www.shivasaiindia.com.
WATER PROOFING SAMA BUILDING SERVICES Water Proofing & Epoxy applications. #6-1-1201, 2nd Floor, F-1, Opp: Shivananda Ashram, Padmaraonagar, Sec’bad-25. Branch office at VIZAG Tel:- 64611759 /9440031057. samabuildingservices@yahoo.in.
TECHNO I CCTV-Access control System- Fire Alarm System. 'A' Block, 1stFloor, 108, Suryalok Complex Abids, Hyd-01. Tel:23230236 / 9700961170. rafi@technoisystems.com. URL: www.technoisystems.com.
WIRE MESH FAMOUS WIRE NETTING WORKS Mfrs of: G.I.Chain Link Fencing, G.I&M.S. Welded Mesh, G.I., Barbed Wire, Perforated Sheet tec. Sale Depot:11-166, Jamia Masjid Main Raod, Fathenagar, Hyd-18. CompanyAdd: #7-2-5/D/2, Beside Dena Bank, Sanathnagar Industrial Estate, Hyderabad-18. Tel:- 66493539 / 9885227020. famouswirenettingworks@yahoo.in.
STRUCTURAL ENGINEERS RAY ASSOCIATES Structural Engineers Interior Designers & Surveyors. #1-397/109/2, Plot No. 43/A, S.R.Nagar, Hyd-38. Tel:- 23810311 /9849928278. rayer.99@gmail.com / ray_vc@yahoo.com.
Builders and Developers please send your Project details to our mail-id: info@amstar.cc Contact:- 040-31000815, 95500 01900.
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-P n k i l C e Onlin August 2013
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Contact: 31000815, 23220313, 46464747 (30 lines) Email : info@acharate.com
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PRODUCTS GUIDE INDEX 1. ALUMINIUM 2. BRICKS 3. CABLES, ELECTRICALS 4. CEMENT DEALERS & MFRS 5. CERAMICS & SANITATION 6. CONSTRUCTION CHEMICALS 7. DOORS & WINDOWS 8. FABRICATIONS, GATE / GRILLS, ROLLING SHUTTERS 9. FLOOR CARPETS 10. FURNITURE 11. GLASS 12. GRANITES, MARBLES 13. HARDWARE, TOOLS 14. IRON & STEEL 15. MATERIAL SUPPLY 16. MODULAR KITCHENS 17. PAINTS 18. PIPES & FITTINGS 19. PLATFORM TROLLEYS 20. PLYWOOD, TIMBERS 21. PRE-FAB STRUCTURES 22. PUMPS 23. READYMIX CONCRETE 24. SCAFFOLDING 25. SOLAR SYSTEM 26. TARPAULIN 27. WATER HEATERS, WATER TREATMENT PLANT
ALUMINUM INDIAN METAL Dealers for All Kinds of Alluminium Extrusions, Grills, Ladders, Fabrication Works, With Doors, Windows Partitions and Structural Glazing's. #4-7-1106/4, Rang Mahal Road, Putlibowli, Hyderabad-95. Tel:-9246576791 / 040-65401479. LUXURY GLASS & ALUMINIUM Architectural Glass & Metal Products. #5-6-246, Near Char Khandil, Agapura, Hyderabad, A.P. Tel:- 040 - 24806727. luxurygls@gmail.com. METAL HOUSE Stockist and Dealers In: Aluminium Sections, Sheets, Coils, Ladders, Grills, etc. A House Of Quality Aluminium Extrusion & Sheets. #7-3-706/3, Rashtrapathi Road, Secunderabad-500003. Tel:- 040-27705692 / 9246531860 / 9391012900. houseofaluminium@gmail.com.
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SEKHAR ALUMINIUM FABRICATION Specialists in Aluminum Sliding Doors Partition, Elevatations, ceiling & Glass Fittings H.No.1-1-21/31/4A, Ram Naresh Nagar, Hydernagar, Kukatpally, Hyderabad-72. Tel:-9849219587, 9291308759. sekharglassworkshyd@gmail.com.
SHANTI MARBLES Distributors Stockist & Dealers. # 8-3217/16/M, Opp: HUDA Complex, Ameerpet, Hyderabad-38. Tel:- 9849388631. shanti_marbles@yahoo.co.in.
VENKATA CHALAPATHY TRADERS Wholesale In All Aluminium Profiles. H.NO: 6-3-351, Timber Depot No.18, New Bhoiguda, Near Bharat Petrol Pump, Sec’bad-03. Tel: 040-65140465 / 9248007630.
KAIZEN HOMES PVT.LTD (We build trust). Plot No: 83, Seshachala Colony, East Maredpally, Secunderabad-26. Tel:27737806 / 9948037846 / 9391016846. kaizencon@gmail.com.
UNIQUE ALUMINIUM FAB Dealers in All kinds of Aluminium Alu, Structural Glazing, A.C.P. Composite Panneling, Thoughned Glass Spider Glazing, Patch Fitting work, Shower Encluser’s Door Windows And Partitions, Aluminium Ladder’s And Vertical Blinds. H.No:13-6-439/1/A/98, Balaji Nagar, Ring Road, P.No:75, Mehdipatnam, Hyd-02, Tel:-32952789 / 9849014785. aluminium.unique@yahoo.com.
DOORS & WINDOWS
WAZEER ALUMINIUM PRODUCTS Mfr. of All Types of Industrial & Domestic Ladders & Climbing Systems. # 25-40/15, East Anand Bagh, Hyd-47. Tel: 64539733, 9246849734. wazeeraluminiumproducts2000@yahoo.com.
BRICKS M.A.K. PRECAST Mfrs: Hollow & Solid Blocks, Light Weight Bricks & Blocks. #18-12-418/D/F/6, H.B.Nagar, Chandrayangutta, Hyderabad-05. Tel:+91 9246540335. makprecast@gmail.com.
CABLES, ELECTRICALS CITY ONLINE SERVICES LTD #701, 712 7th Floor, AdityaTrade Center, Ameerpet, Hyderabad-38.Tel:66416882/9848127234. digital@cityonlines.com. URL: www.cityonlines.com.
CEMENT DEALERS & MANUFACTURERS DIVYANI MARKETING Dealers in: Steel & Cements, Plot No: 2-2-13, Jeedimetla Village Bus Stop, Opp:- Bharat Petrol Pump, Medchal Road, Secunderabad.Tel:-64562700/ 9246559979. divyanimarketing@gmail.com.
CERAMICS & SANITATION HEMANTH ENTERPRISES Exclusive Bath Concepts. #5-2-157, Rashtrapathi Road, Secunderabad-500003. Tel:-040-27540198, 66322244. hemant_hemantenterprises@yahoo.com. MAHALAXMI Door-No. 8-3-858, Yellareddyguda, Ameerpet. Hyderabad-73. Tel: 9966553786.
Twin Cities REAL ESTATE BULLETIN
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>> WOODEN >> FIBRE GLOBAL FIBRE GLASS PRODUCTS 91/A, Phase I, IDA, Jeedimetla, Hyderabad-55. Tel:-040-27750511, 27753156. Fax:-040-27953395. Mob: 9346316561, 9000994554, 9949094690. global_pwd@hotmail.com. GLOBAL WOOD PRODUCTS (P) LTD. 91/A, Phase I, IDA, Jeedimetla, Hyd-55. Tel: 27750511, 27753156. Fax: 040-27953395. Mob:9346316561, 9000994554,9949094690. global_pwd@hotmail.com. PRITHVI WOOD DOORS Plot No.265, Public Sector Colony, New Bowenpally, Secunderabad-11. Tel:-040-27750511, 27753156. Fax:- 27953395. Mob:- 9346316561, 9949094690. global_pwd@hotmail.com, info@prithvidoors.com, URL: www.prithviwooddoors.com. REHMAN TIMBER TRADERS Spl. In: Indian Teak, Burma Teak, African Teak, Teakwood Doors & Flush Doors. Mfrs: All Types of Doors, windows, Furnitures etc. #8-1-123, Rahul Colony, Opp: Reliance Mart, Tolichowki, Hyderabad-08. Tel: 9441002786 / 9848359196.rehman.timber@yahoo.com. VINTAGE MOULDED DOORS Traders & Manufacturing Timbers. # 66, S.No. 1& 2, Ground Flr, Mamathanagar, Nr Nagole ‘X’ Road, Hyderabad-68. Tel:-9908590493 / 9705704090/ 8985042514. vintagedoors@hotmail.com.
FABRICATIONS, GATE/GRILLS, ROLLING SHUTTERS Babu Jani Fabrication Work Work Shop 786: 8-2-686/1, Resham Bhag, InsideKaman, Backside ICICI Bank, Road No.12, Banjara Hills, Hyderabad-34. Tel:- 9391056113.
FLOOR CARPETS Alko Trading Co. Shop No:5-1-1013, New Pather Masjid, Gowliguda, Hyderabad-12. Tel :- 040-24747909.
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HYDERABAD FURNITURE FURNITURE RESALE All Scrap like Corporate Offices, A.C., UPS, Battery, Geyser, Generator, Computer & Iron Scrap, Wiring Houses. Office, Shop, Hotel, Furniture, Aluminium Partitions All Vessels, Door, Windows Elect Etc. Tel:-9014840678 / 9346842563. GREEN WELL SEATING SYSTEMS Symbol of Quality. Plot No. 290, Hitex Road, Hi-tech City, Serlingampally, R. R. Dist-84.Tel:- 64500722 / 946580722. shiva.bandi@greenwellsystems.com / greenwellhyd@hotmail.com. URL: www.greenwellseating.com.
GLASS DIAMOND POINT GlASS H.no. 12-1-486/A/132/A, Kishan Nagar, Asif Nagar, Hyderabad-67. Tel:- 9949156252 / 9652180823. NEW DECCAN GLASS CORPORATION Etching, Polishing, Acid Texture, Air Brushing, Stain Glass, Fuzzing Works, Out Door Glass Fitting & Making GlassTables. #5-3-964, Barkat Building Complex, Nizam Shahi Road, Hyderabad-12. Tel:- 9290459786 / 9032314786. RENUKA WOOD WORKS Authorised Dealer For: Aerocon Panels,Aerocon Blocks, AC Roofing Sheets, C-Board, Sintex Panels, MYK Laticrete (Wallputty), Undertaking All Types of: Electrical Carpentary painting, Plumbing, Alluminium, Fabrication, Pop Works Civil Works & Roofing Sheets, H.No.10-5-171, Flat No.103, Sri Sai Residency, Shiv Shankar Colony, Fathenagar, Hyd-18.Tel:-23772119, 9849135351. renuka_wood_works@yahoo. in, URL: www.renukawoodworks.com.
JAI BHAVANI Glass, Plywood, Hardware & Aluminium 13-6-431/1/13/A, Ring Road, Moghal ka Nala ‘X' Road, Hyd-28. Tel: 9290776262 / 23511047. POOJA GLASS, PLYWOOD & HARDWARE 654, Gokul Plots, S.V.R. Colony, IX Phase, kukatpally, Housing Board, Hyderabad-72. Tel: 64586215 /9177373552 / 9966374052. URL: www.cedarindia.com.
IRON & STEEL >>SS STEEL DHARNIDHAR METALS All types of S.S. Fabrication Works. #10-11-62/3, Fathenagar Main Road, Hyderabad-18. Tel: 040-66208699 / 9948541639 / 9248058699. dharnidharmetals@gmail.com. HST STEELS PVT. LTD. Plot.No:40/A, IDA, Balanagar, Hyderabad-37. Tel: 23720174/9396814473.URL:www.hststeels.com.
MATERIAL SUPPLY K.G..N. S. BUILDING MATERIAL SUPPLIER 18-1-510/5/A, Opp: Abubakar, Masjid, Phool Bagh, Chandrayangutta,Hyd-05.Tel:-9392400636,9392401636. MAHALAKSHMI CONCRETE PRODUCTS Mfrs: Concrete hallow & Solid Blocks, Pavers. Sy.No.41, Bollaram, Miyapur, Kizapally Village Road, Medak Dist. Tel:- 66780191 / 9885856810.
MODULAR KITCHENS ADHUNIK DESIGNERS th Plat no.792, (Above 5 Avenue Bakers Defense colony), Sainikpuri, Sec’bad-94, Tel:- 9849606217.
GRANITES, MARBLES PAINTS ASBESTOS CEMENT WORKS DesignerTiles,Interlocking,Chequered,Clay&Fancy Tiles, RCC Jallies, DecorativeItems. #8-1-21/103, Beside: Darrussalam Bank, Near: Galaxy Theatre, Surya Nagar Tolichowki, Hyd-08. Tel:-9346296028 / 9885398969. CHARBHUJA MARBLES Flat No: #12, Mamtha Nagar, Ring Road, Nagole, Hyderabad-39. Tel:- 9394075853. TILES GALLERY #8-16-61, Sagar Ring Road, Bairamalguda, L.B. Nagar, Hyderabad-74. Tel: 040-64567834, 64547834, 9391051994. VIPULA TRADING COMPANY Distributor/ Stockist/ Dealer for Vitrified tiles. #8-7/1/ A, Sai Nagar Colony, RCI Road, Beside Bank of Maharashtra, Balapur, Hyderabad-05. Tel: 9849737782. vipula.tiles@gmail.com.
HARDWARE, TOOLS ASHOK HARDWARE & PLYWOOD 17-1-197/1/2, I.S.Sadan Road, Saidabad, Hyderabad-59. Tel:- 9885083958 /65408685.
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PAINT HOUSE (Your favorite shop) # 5-1- 459/1&2, Jambagh, Hyderabad-95. Tel:040-32008787/ 9394478787. paintshouseindia@yahoo.com, paint_house_world@yahoo.co.in, URL: www.painthouseindia.com. SREE VENKATARAMANA PAINTS & HARDWARE Dealers in: Asian Paints, Alltek Paints & Texture, Lapp am, Birla Wall care Putty, & J.K. Wall Putty, Birla & J.K.White Cemnts, Surya Cem, Sheel & Godrej, Locks Etc., Shop No.16-10-11/A, Sri Krupa Market Bus Stop, Malakpet, Hyderabad-36. Tel: 040 - 24547683, 9246377683. TRIVENI HARDWARE & PAINTS S.No.9-7-86, Maruthinagar, Opp: New Santosh nagar, Hyderabad-500059. Tel:-24534386, 9391066466.
PLATFORM TROLLEYS Pioneer Industrial Fabrication #4-20/5 E.C Nagar, Main Road, Near Railway Station, Charlapally, Hyderabad-51. Tel:-65641782.
PLYWOOD, TIMBERS BALAJI GLASS & PLYWOOD CENTRE Dealers in:710 BWT plywood, Decolom, Venners, PVC Doors, Molding Beeding, Fancy Hardware, GodrjLocks. #8-147, Maithripuram, Gayatri Nagar,Airport Road, Karmanghat,Hyd.Tel:9490117058 / 9985521845. BHARAT PLY ZONE D.No. 7-1-237/2, Near Yellama Temple, Balkampet, Hyderabad-16. Tel: 65511155 / 9550362630. blueappleplywood@gmail.com. BHAVANI TIMBER DEPOT IndianTeakwood AfricanTeak wood,Sallwood, Flush Doors, Decerative Interior Doors. PlywoodHardware & Glass. H.No:9 -10, S.V.Nagar, Nagaram vill, Keesara Mdl., R. R. Dist -83. Tel:- 9908648616. dheerajpatel33@gmail.com/bhavantimber.btd@gmail.com. D.D.PATEL&CO., PLYWOOD - HARDWARE - SANITARY Dealers in: Architectural Hardware, Decorative Laminates, Hardware, Plywood, Locks, Amar Flush Doors, Timber Etc., # 8-2-54, Sai Ram nagar colony, Ring road Karmanghat, Hyderabd-79. Tel:-65555670/ 9700971304/ 9032326488. ddpatelphs@gmail.com. DIVYA MARKETING Mfg. Of: Membrane Doors, Lamination Doors, Frp Doors, Flush Doors, TeakWood, Salwood & Country Wood. Plot No.72, DMRL Colony, Karmanghat, Saroornagar Hyd-74, R.R. Dist. Tel:- 9866120033 / 9866747703. J.B. SON'S GROUP TM ADHESIVE JOYBEES DECORATION Dealers for : Joybees Decorative Laminates. SimPly MR / BWP / BWR / Flexiply / Oxy Ply MR /Gurjan / Royal Bond Adhesive. Off: 5-6-172/1, New Aghapura, Near:Charkhandil,Hyd-01.Tel:-9000353578/8686921888. Fax: 24805578. Info@jb4group.com.URL:www.jb4group.com. NEW LAKSHMI TIMBERS Dealers In: Teakwood, Salwood, Countrywood & Flush Doors. Plat No.141, Opp: Manda Mallamma Gardens, Near Hanuman Temple, Road, Karmanghat, Hyderabad-79. Tel: 9959635888/ 9440295147. newlakshmitimbers@gmil.com SHREE HANUMAN ENTERPRISES Plywood, Venior & Hardware, # 11-1-268, Aghapura ‘X’ Road, Opp: Syndicate Bank, Near Jain Mandir, Hyd-01. Tel: 64536885 / 9494630639. mahaveer_interior@yahoo.com
PIPES & FITTINGS
SHREE YOGESWAR TIMBER DEPOT Dealers In Cut Size, Indian Teak & African Teak, Wholesale & Retail Suppliers. Shop No. 6-3-356/4, New Bhoiguda, Sec-03. Tel:-9440667208/ 9441231332. URL: www.aponlinepages.com.
Excel Tube Corporation 204, Anaya Complex, II Floor, Hill Street, Secunderabad-03. Tel:- 9848098485.
SREE RAMAKRISHNA TIMBER DEPOT #8-3-322, Mumbai Road, Ameerpet, Hyd-73. Tel:- 23733070 / 9885512131. srktd1964@gmail.com.
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SHREE RAJARAM SALES Stockist for : Membrane Doors, Plywood, Hardware, Timber, Sanitary and Paints. #8-16-61, Sagar Ring Road, Bairamalguda, L.B. Nagar, Hyd-74.Tel:-64591011, 9440683748, 9989244103. harilal60@yahoo.com / haripokar@indiaiatimes.com. URL:www.rajaramsales.com. SREE VIJAY LAKSHMI TRADERS Mfrs.: Membrane Doors, Plain Doors. Dealers In: Plywood,Hardware,FlushDoors,LaminateDoors, Beadings,Veneers&MDF. PlatNo123,Opp: AndhraBank, GayatriNagar,'X'Road Karmanghat,Hyd-79.Tel:64504621/ 9908691111/9000003574. srivijaylakshmi@gmail.com.
PRE-FAB STRUCTURES N M R PREFABS PVT.LTD Our Services: False Ceiling, False Flooring, Fenesta UPVC Windows & Doors, Prefab Structures, Aerocon Partitions, Vinyl Flooring, Shera Plank Gazebo, Aerocon Blocks, Mezzanine Floor, Laticrete Wall Putty, Wall Paper, Wooden Flooring. #25, Beside Mahankali Temple, Karkhana, Sec-09. Tel: 40068726 /9298112211. nmrprefabs@gmail.com. URL: www.nmrprefabs.com.
PUMPS
TARPAULIN
NEEDS RESOURCES Products & Services: Sewage Treatment Plant, Water Treatment Plant, Effluent Treatment Plant Fire Fighting systems, Plumbing&its Automation, Pumps. #5-81/1, VV Nagar, Street No.8, Habsiguda, Hyd-07. Ph:040-42407370 / 9014181118. Fax:040-40202444.URL: www.needsresources.com. Email: needsresources@yahoo.com.
Indian Tarpaulin 186/D, Plassy Lane, Beside Classic Dhaba, Bowenpally, Hyderabad-11. Tel: 040-66048169.
READYMIX CONCRETE Charminar Concrete Products Pvt. Ltd. P. No. A-28/1/B-1, Road No.15, IDA, Nacharam, Hyderabad-39. Tel:- 09866231247.
SOLAR SYSTEM Adithya Solar Energy Systems #209, 1st Floor, Meghana Complex, Opp: Andhra Bank, Balanagar, Hyderabad-37. Tel: 9966139777.
WATER HEATERS, WATER TREATMENT PLANT ULTRAWATER SOLUTIONS & SERVICES PVT LTD. Manufactures of softeners, Drinking Water (RO) plants and sewage Treatment Plants. #1-24-124/5, Sri Sai Nagar, Lothukunta, Alwal, Secunderabad-15. Tel:- 9550636334 / 9393153393. sales@ultrawater.co.in. URL: www.ultrawater.co.in. UNIVERSAL CHEMICALS Softners, Minerial Water, R.O.Plants, Sand & Carbon Filters. #25-13/1/2, Flat. G3, Kousalya Residency, Talla Basti, East Anand Bagh, Malkagiri, Hyderabad-47. Tel:-9849875233 / 65264118. universal.chemicals@yahoo.co.in, URL:www. universalchemicals.co.in.
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