December-2012 by Real Estate Bulletin

CONTENTS December-2012

Volume-XXI

Issue-5

HYDERABAD REALTY STARS 2012

COVER STORY

REPORT CARD OF CREDAI

REPORTCARD

REPORT CARD OF APREDA

REPORTCARD

LEGISLATION

REAL ESTATE (REGULATION & DEVELOPMENT) BILL

BRINGING GREEN TECHNOLOGY TO HYDERABAD

ENVIRONMENT

NEWS

SEARCH FOR PROPERTY MADE EASY

FOCUS

LUXURY, CLASS, COMFORT

HOUSING

SCIENCE OF VAASTU

BELIEFS

INTERIORS

INTERIORS INSPIRED BY NEEDS PRE-FABRICATED HOMES

BUILDING TECHNICALS

REGULARS CURRENT MARKET RATES

NEW CONSTRUCTION PROJECTS

LAND RATES

SERVICE GUIDE

PRODUCTS GUIDE

The Power of Ratings

COVER STORY

POWER OF STARS & RATING

HRS 2 0 1 2

Hyderabad

Realty Stars 2012

Defining Real Estate Brands and Property Ratings Transparent & Truthful

riven by the objective to be the collective force influencing and shaping the real estate industry we are pleased to launch, "Hyderabad Realty Stars 2012" with a vision in mind for giving transparent, truthful and Unbiased Rating or an Opinion Poll on the Real Estate Players and Stakeholders in the field of Realty world of Hyderabad. These RATINGS have been instituted to conduct a survey and recognize the highest level of achievement by Stakeholders operating in the Realty Sector. These Ratings are a gesture to honour the industry players for their outstanding performances, achievements and innovation in Realty sector. The real estate industry has gone to new heights in recent times, technology and artifacts are very well amalgamated, also various steps

have been taken to go green, to be environment friendly and more usage of recyclable materials. Today many of the building projects have gone totally eco-friendly in all aspects. This survey will provide a reality check on how far the Realtors have kept their promises, and how well they connect with their customers. We have taken this initiative, first time ever, in Hyderabad to conduct this survey for the benefit of our readers. We want to define real Estate brands and property ratings and make it a culture so that there is a strong urge for all real estate developers to develop and built quality buildings. Similarly for architects the same holds good, to bring about best aesthetic work and use of good quality material. Branded items have become an integral part in our life, something

Twin Cities REAL ESTATE BULLETIN

COVER STORY which we cannot live without, so why not selecting a branded builder or a branded architect, when it comes to buying a property, some thing which you can flaunt off. Purchasing a property from a branded builder group is soon becoming the order of the day, where by a customer is assured of best quality services and materials offered to him. We, by doing this survey in a very methodical and scientific way help you to identify and segregate the best brands in real estate industry. Our property ratings will give you an authentic insight into the world of real estate industry and provide you with a much needed guideline, when it comes to purchasing a property. Hyderabad through these years has turned into a cluster of concrete jungle and real estate activities are in full swing. Every nuke and corner of Hyderabad is blooming with beautiful looking buildings. The demand of property in this city is increasing day by day, so many business houses are jumping in the fray to construct new buildings often compromising with the quality of materials used and also are not able to fulfill the deadline promised to the customers and hence a rating of the builders is very much needed so that the readers can make a well informed decision when it comes to purchasing a property. We are precisely doing the survey just to bring forward the good quality builders and associated businesses, so that our ardent readers can utilize the result and make wise decisions .The quality aspect is the paramount concern of a purchaser, added to that the builder has to give the possession of the property at the stipulated time, the same holds good for the architects and land developers. With the advent of all the major IT companies and MNCs in Hyderabad city, the commercial space demand has increased many folds .The city is expanding very rapidly and almost all major realty companies in India have their presence in this city. Also the demands for good Interior designers are increasing, clients want their offices to be designed very esthetically, and hence the competition among them is also increasing. There is a need to follow a code of conduct among the companies and hence a survey is needed to bring out the best in the business. As we all know that our city has got pockets of hilly areas, the scope for landscaping activities are in demand that is the reason we have incorporated landscape developers also in our survey. As our city gradually emerges from the three year old slump, it is time to recognize the efforts of the real estate community in putting Hyderabad on the global list of emerging cities. The landscape of this historic city has been transformed to world standards by the entrepreneurial spirits of many, backed by proactive government support. Hyderabad is now truly a cosmopolitan metropolis and amongst the fastest growing in our country. The city has weathered political uncertainties as well as global melt downs, emerging stronger than ever. The coming years is expected to revive the traction that we witnessed in the past. Being a responsible real estate magazine, we understand the business dynamics with solutions to identify the most trustworthy and best brands of Hyderabad. We feel proud and honoured to announce that we are conducting a Real Estate Property Survey to select the 2012 Best Brands of Hyderabad Realty in all aspects, which will be declared in the beginning of the year 2013 after the observations made by a panel of jurists who are the eminent personalities of the city. They shall be the Guiding Force and the Process Valuators behind the rating of "Hyderabad Realty Stars 2012". In this role, Real Estate Bulletin will render its services in bringing a strong jury on to a platform and put the technicals and logistics of the project â&#x20AC;&#x153;Hyderabad Realty Stars 2012" in place. This will showcase and bring to light the best players associated with real estate industry and also provide first hand information to our valued readers pertaining to Realtors and their activities. This survey will be a role model for product analysis to be made here after in realty sector in the

twin cities. This entire month of December 2012 is dedicated for the survey to be conducted by our committed team members and finally, evaluation to be done by our panel of experts. A very distinctive and eminent persons form the panel of judges who are veterans in their respective fields. The panel will carefully evaluate the data provided by respondents, surveyors and the research team, and render an unbiased rating based on various parameters. The Jury also advises on analytical services and knowhow in formulating parameters and analyzing the received data. The organization track record, financial flexibility, structural quality, legal liability, project funding, finishes, amenities, vaasthu, innovation in technology, design etc are the key parameters taken into consideration for the ratings. Along with all these we also collect the market and customer feedback. We have a well research team who will look into all the minute technical details and a very dedicated team of energetic persons to complete the survey process. This all survey data will be put forward to our panel of very distinctive judges who in turn will evaluate the contents and come to an unbiased conclusion. The decision will be totally impartial and all integrity will be maintained. Our research team has tabulated a very detailed questionnaire covering all the aspects of real estate business and their technicalities. A very dedicated team of surveyors will interview various persons cutting across all sections of the society, be it an employee of a MNC or a businessman, a professional or a common street dweller. Not only that, our team will also interview the builders and various persons associated with real estate business. We endeavor to broad base the survey as far as possible, so that we can offer you with precise and well judged advice. This real estate property survey will be very beneficial for all our esteemed readers as they will get to know more about the builders and developers, the various parameters to be taken into consideration, while deciding upon to purchase a property for living, renting or investing. This survey is also very helpful for the builders and developers as they get to know more about their customers desires , aspirations and needs, so that they can address to each of the specific issues in their forth coming projects. This survey will further enhance the customer and builder relations and will bring warmth and trust to their relationship. Based on this rating we will publish Top Ten Construction Companies, Top Ten Builders, Top Ten Developers, Top Three Buildings, Top Three Malls, Top Three Commercial Complexes, Top Three Gated Communities, Top Three Colony Layouts, Top Three Architects, Top Three Interior Designers, Top Three Structural Engineers, Top Three Real Estate Consultants of 2012. Real Estate Bulletin, the largest circulated housing monthly news magazine provides you an opportunity to assess the Real Estate Companies of Hyderabad through this questionnaire, which helps us in ranking them based on your response. Up to now, no rating agency has taken public opinion as a parameter for grading Real Estate Company. This is a first of its kind survey to analyze the Builders / Developers / Real Estate Companies and to know the grievance of the property buyers against them if any. We hope this concentrated marketing survey will create awareness and lead to a large number of consumers on this date. We are going beyond the borders or Horizonal limits to conduct a survey on Realty and rate them according to their performance for the year 2012 in the Realty world. We are in the process of deciding the procedure and propose to appoint an external agency to assist us in this endeavor. A high powered independent jury would review the findings and approve the rankings. We welcome suggestions - info@realtystars.in

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BREAKING THE REGULAR PURCHASE PATTERNS

BUILDING MATERIALS PURCHASE SIMPLIFIED

31000815, 23220313, 46464747 ( 30 lines) info@acharate.com

acharate.com

COVER STORY

REPORTCARD Real Estate Bulletin bestows the report card of the first-ever CREDAI Property Show held at People's Plaza, in the heart of the city of Hyderabad from 2nd to 4th November 2012 at HITEX, Hyderabad. This will be helpful to the readers who are interested to buy some property but could not make to attend the show on those days due to various reasons. Even those who attend can get a better picture and a brief summary of the event organized by Confederation of Real Estate Developers' Association of India (CREDAI), Andhra Pradesh chapter. The three-day property show brought together realtors, building material manufacturers, consultants and financial institutions from Hyderabad as well as from tier-2 and tier-3 cities from the state at a common platform to interact and showcase the developments in the sector. There is a wide range of products including integrated townships, apartment complexes, gated communities, villas and green buildings and witnessed participation from over 150 developers and 50 stakeholders from the financial and manufacturing sectors. 15,000 dwelling units and commercial spaces worth Rs. 10,000 Crores are showcased by 150+ developers and stakeholders from the manufacturing and financial sectors. On 2nd Nov 2012 - The Confederation of Real Estate Developers' Associations of India(CREDAI) mega Property Show was inaugurated by Shri Kiran Kumar Reddy Honourable Chief Minister of Andhra Pradesh along with the Guest of Honour Shri M Maheedhar Reddy, Minister of Municipal Administration & Urban Development, Shri Capt. N Uttam Kumar Reddy, Minister of Housing and Weaker Section Housing Programme, Smt. Galla Aruna Kumari Minister for Geology and Mines Ground Water and Textiles & Handlooms, Shri Danam Nagender Minister of Labour & Shri M. Anjan Kumar Yadav Member of Parliament ( Secunderabad Constituency ) in the presence of CREDAI senior leadership team comprising of Mr. Shekar Reddy, President for CREDAI, Andhra Pradesh, Mr. Subba Raju, Vice President, CREDAI Andhra Pradesh , Mr. N. Jaiveer Reddy, Vice President, CREDAI Andhra Pradesh and a large number of developers, stakeholders and industry members. The event which was started with captions such as “End your property search here” and “Come as a visitor, go as an owner” show exhibited a wide range of residential & commercial properties from reputed developers in Andhra Pradesh. The three day property show is organised to boost the real estate sector in the state and create a platform for customers to avail the best deals and offers from developers. The CREDAI AP Property Show 2012 is the largest exhibition in

Andhra Pradesh aimed at fulfilling the dreams of people looking for a home, commercial property, investment in the region. The Property Show is exhibiting diverse offerings ranging from budget to luxury properties and has amazing offers from developers. All members of CREDAI showcased their present and upcoming projects in the state. The event is a tremendous opportunity for especially medium and small developers who do not have huge budgets for their marketing campaigns and surely brought better visibility for them in the eyes of the general public. The real estate sector in AP has evolved over the last few years and developers are offering customised and high quality dwellings to the customers. The show provided an impetus to the Andhra Pradesh Property market which has always been a lucrative investment option. It also created a synergised approach for building a better & congenial environment to promote the growth of real estate sector in Andhra Pradesh. Mr. C. Shekar Reddy, President, CREDAI AP said, “We are pleased to announce the success of first ever Property Show 2012 at Hyderabad. The Property Show showcased developers from all over the state and an inbound flow of consultants, vendors and many other parties providing a unique and potential avenue for tremendous business opportunities.” He further added “The real estate sector in India is witnessing a rapid change and there is a strong need for consolidated efforts to ensure better efficiency. At CREDAI it's our endeavour to foster growth and build lasting relationships with customers by offering trustworthy and reliable housing & commercial options and this Andhra Pradesh Property Show 2012 is a step in the right direction. It's our objective to facilitate development of real estate industry and build partnerships with all stakeholders”. The show also proposed exciting and unbeatable offers from participating developers. About CREDAI CREDAI is the apex body for Real Estate developers in India and it represents over 8800 developers through 120 chapters in States, across the country. It also links private real estate developers to the Government and customers through numerous initiatives and activities. CREDAI's success is in bringing a majority of organised real estate developers under a single umbrella; which holds great promise for rapid development of the realty sector touted to be a major driver of India's economic growth. Staying true to CREDAI's 'model code of conduct' and through the initiative of 'Mission Transparency' the member associations have been successful in imbibing and delivering the philosophy of transparency and

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COVER STORY accountability in the realty sphere. Generating a tremendous credibility and trust factor, it has been perceived as a welcome change for serious real estate developers and real estate buyers alike. In a short span, CREDAI has also developed a tremendous reputation for successfully acting as a mediator cell to mitigate disputes between buyers and developers through its Consumer Grievance Cell initiative. So property buyers in most metros and Tier-2 towns conduct a preliminary check to see if the developer is an accredited CREDAI member prior to investing in a project.

2. Response from the public 48% A. Excellent B. Good 28% C. Satisfactory 19% D. Poor 5%

A B

D About Survey Real Estate Bulletin Team conducted a survey, collecting the feed back from the participants as well as the visitors of the show to know the response of the event. The management of the exhibition co-operated with our team in all aspects while doing so. This review will be helpful not only to the property buyers but also the event organisers in analyzing the show which further facilitates for better participation and more systematic organization. We made this analysis on the basis of the information received through response survey sheets and interviews conducted withy many persons. We took lot of efforts and utmost care to deliver our readers the actual data, relevant statistics, facts and figures about the event.

F E D

4. About the venue of the event (People's Plaza) A. Excellent 11% B B. Good 55% A C. Satisfactory 28% D. Poor 6%

EXHIBITORS A

B C

A. Builders B. Developers C. Material Manufacturers D. Material Suppliers E. Interior Designers F. Banks and Financial Institutions G. Others

Almost all the participants reported to Real Estate Bulletin Team that they regularly participate in this kind of events and are willing to join in the coming property exhibition also, as it helps in their business advertisement for promoting their projects and generating more prospective leads. Everyone appreciated the efforts of CREDAI for the role played by them in bringing all the realty people at one platform. The details of the survey are as follows:

1. About the event A. Excellent 51% B. Good 29% C. Satisfactory 16% D. Poor 4%

Exhibitors' Profile CREDAI Property Show's prosperous achievements started with the participation of builders, promoters, real estate companies, banks, insurance companies, property and building representatives and legal service providers.

3. Number of prospective leads A. 0-25 7% B. 25-50 14% C. 50-100 24% D. >100 55%

C D

5. About the courtesy provided by the management A. Excellent 32% B. Good 49% B C. Satisfactory 16% D. Poor 3% A C D

6. When compared to other cities, there would be a big rush to the property shows at Hyderabad A. Agree 61% A B. Don't agree 24% C. Can't say 11% D. It depends 4%

D Twin Cities REAL ESTATE BULLETIN

COVER STORY Visitors' Profile The popularity and wide exposure of CREDAI Property Show attracted visitors from the real estate and property sector. Property dealers, consultants, advisors, government officials, software professionals and others who are interested to invest in real estate industry visited each and every stall of the exhibition and made the event a great success. Real Estate Bulletin Team interacted with many visitors on all the three days of the event. It was certainly not a cake walk. As the entry is free and lucky gift coupons are offered, there is a huge crowd. It is tough to identify the visitor who is seriously interested to buy a property. The respondents were selected based on socio economic classification ie education, occupation, gender, and monthly income. In case of the persons such as housewife, student etc, the monthly income of the head of the family is taken into consideration. The demographics and interests of the respondents are as follows: 1. Age group A. 20-30 yrs B. 30-40 yrs C. 40-50 yrs D. >50 yrs

5.Interested to buy A. Flat B. Villa C. Plot D. Home accessories

59% 10% 22% 9%

6. Among Flats A. 1BHK B. 2BHK C. 3BHK D. 4BHK

15% 59% 21% 5%

D A

2. Gender A. Male B. Female

C B

C 32% 43% 16% 9%

7.Budget estimation A. 10-30 lakhs B. 30-50 lakhs C. 0.5- 1 crore D. >1 crore

24% 43% 27% 6%

51% 49%

A B

3. Education A. Professional PG B. General PG C. Graduate D. Under graduate

15% 34% 39% 12%

8.Location Preference A. Gachibowli B. Kukatpally C. Miyapur D. Others

23% 20% 16% 41%

B B

4. Occupation A. Entrepreneurs B. Self employed C. Officers D. Others

21% 18% 36% 25%

A C

It is evident through the conversation with the visitors that the aspects like vaasthu, green environment and modern amenities like club house, swimming pool, spa, banquet hall, health centre, shopping mall, multiplex etc are the most common interests of every one. They are not searching just for a property, but an ultra modern lifestyle. Most of the visitors feel that the events like this property show would help them in better understanding about the real estate companies' profiles and the standards they maintain. A wide range of choices and options of the realtors facilitate the public in selecting their kind of property at the right price. The real property buyers always wish for such events to happen again in the city of Hyderabad which assist them in clarifying their doubts and in taking correct decisions.

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COVER STORY

REPORTCARD A

s promised to our readers in our last month issue, we are presenting the report card of the APREDA's 3rd PROPERTY SHOW held on 10th and 11th November 2012 at HITEX, Hyderabad. This will be helpful to the people who are interested to buy some property but could not make to attend the show on those days due to various reasons. Even those who attend can get a better picture and a brief summary of the two-day property show organized by Andhra Pradesh Real Estate Developers Association (APREDA).

Andhra Pradesh Chief Minister N. Kiran Kumar Reddy inaugurated the event that has brought together all the developers on a common platform providing potential customers an opportunity to interact directly, compare various options, and take informed decisions. Union Minister of State for Tourism K Chiranjeevi, Andhra Pradesh Housing Minister N Uttam Kumar Reddy and Minister for Municipal Administration & Urban Development M Maheedhar Reddy graced on the occasion. The property show was sponsored by LIC Housing Finance Limited and the conference by the State Bank of India.

Property Consultant on November 10th2012, which was held in four sessions on the same day starting from 10 AM and ending at 6PM. Trends the world over have shown that cities tend to get reoriented to mass transit systems and property prices in these corridors behave differently, remarked Hyderabad Metro Rail (HMR) Managing Director N.V.S. Reddy. He said the same was expected of the Metro Rail project as Transit Oriented Development (TOD) was being planned in the city. “Once the project shapes up, growth will happen in the eastern parts of the city,” he added. The Hyderabad Metropolitan Development Authority (HMDA) Commissioner, Neerabh Kumar Prasad, stressed the need to reduce the land cost component in projects and make available affordable housing that comes with a price tag of less than Rs. 20 lakh. “There is a large segment looking for affordable housing and real estate should find ways to address their needs,” he said.The HMDA and HMR were actively working on the TOD concept for all the metro rail stations and the area in a circle along them would be notified. “We will come up with a scheme of high rise development and there will be special incentives offered for the real estate in this,” Mr. Prasad said. Along the Outer Ring Road (ORR), developers can pool land for projects and the HMDA would help in infrastructure, he said adding, “My interest is to create as much supply as possible and keep the pricing low”. Jones Lang LaSalle Chairman and Country Head, AnujPuri, highlighted the impact of political situations in the State on real estate and also made suggestions on developing Tier-II cities to take the load off Hyderabad.VinodRohira, Director, Raheja Corp, Himanshu Sharma, Senior Director and Head-Leasing, Tishman Speyer India and others participated in the conference.

Over 188 developers and service providers, including housing finance companies, material manufacturers and interior designers have participated in the event. ABOUT THE CONFERENCE The conference had eminent national & international speakers from the Industry and various leading institutions who discussed the Challenges faced by Hyderabad Realty, and shared their knowledge about Innovative Construction Technologies, Funding, Finance and Innovative Marketing with the Hyderabad Realty Giants. Representatives of leading players in the realty sector, top officials, civic administrators, dignitaries, planners, experts and key stakeholders in the realty and construction field have participated in the global seminar with a theme 'Real Estate-Accelerating the growth story' which is held at the NAC Auditorium, Hitex for which the knowledge partner is Jones Lang LaSalle (JLL),an International

ABOUT THE EVENT APREDA's property show has come to be recognised as the most important event of the year and is eagerly awaited by all sections of people. In an area of about 70000 sft, by far the biggest area ever used for a property show at Hitex, over 188 developers and service

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COVER STORY providers, including housing finance companies, material manufacturers and interior designers have participated in the event. Developers showcased properties ranging from Rs 4 lakh in the affordable segment to Rs 4 crorerupees to prospective buyers. The show had registered over 40,000 visitors this time. The property developers who participated include best of the Indian real estate and construction companies. Apart from builders, 15 Leading Banks and Housing Financial Institutions like LICHFL, SBI, India Bulls, DHFL, HDFC Ltd, ICICI, SBH, Syndicate Housing Finance, Can Fin Homes, Axis Bank, IOB, Central Bank of India, Federal Bank, Punjab Housing Finance have took part in the property show and this enabled the prospective buyers an opportunity to enquire about the loan rates and consider the best possible competitive loan option. Developers too offered attractive prices coinciding with the event. For easy navigation, APREDA provided a map locator to aid the visitors to identify the location of the projects. The map locator made it simple for the visitors. APREDA has also gifted attractive prizes through lucky dip with bumper prize of Honda Brio car, and others including motorcycles, JBL home theatre system, refrigerators, TV sets and gold and silver coins every two hours.

encompass to bring all the developers on a common platform; building trust and camaraderie together developing team spirit. They coordinate with all policy-making authorities in evolving and implementing real-estate friendly policies and service delivery systems in order to stimulate development.

ABOUT JONES LANG LASALLE (JLL) Jones Lang LaSalle is a financial and professional services firm specializing in real estate services. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than USD 2.9 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company's investment management business, is one of the world's largest and most diverse in real estate with USD 45.3 billion of assets under management. Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 19,700 employees operating in 78 offices in 13 countries across the region. The firm was named the Best Property Consultancy in Asia Pacific at 'The Asia Pacific Property Awards 2011 in association with Bloomberg Television1.

GENESIS OF APREDA

The spacious venue of HITEX was packed with the visitors on Sunday. "APREDA Property Show 2012 has received an overwhelming response from the real estate fraternity & prospective buyers. The turnover rate has increased substantially as Real Estate has become a hot investment option despite volatility in the market. Visitors were given an opportunity to view a wide range of properties featured and financing sources, all under one roof "commenting on the occasion, Mr. P Prem Kumar, President of APREDA, said, “As the customers had to drive all the way to the venue, only those who are genuinely interested in buying the property has come to the show.” Echoing Mr. Kumar's views, Srikanth Surapaneni of Mantri developers said that each stall had at least five bookings per day. “Majority of people who came to the show were interested in purchasing houses. There were even people who wanted to buy highend property,” he said.However, the bulk of the house bookings were done in the properties between Miyapur and Shamshabad, he observed. Most people were looking for a house between Rs. 40 and Rs. 60 lakh in these areas, and a majority of them were software professionals, V. MadhaviLata from LIC Housing Finance added. Other agencies which show cased their initiatives include Metro Rail, HMDA, GHMC, IGBC, Registration Department, Sparsh Hospice and AkshayPatra Foundation.

ABOUT APREDA APREDA was formed on 7th April 1995 with the vision to become a leading, credible and a guiding force in the realty sector for all the stakeholders. APREDA also aims to enrich the members through its knowledge Bank and enable them to create projects to exemplary standards. They work towards the enhancement of quality of life of the society in harmony with nature. APREDA's mission would

The APREDA has a majority of leading builders and developers as its members (over 400) and has branches/associates in Vizag, Vijayawada, Guntur, Kakinada and Tirupati. Over the years, APREDA has emerged as an effective “industry champion” helping the government formulate realty-friendly policies, development control rules (DCR), layout regulations and is the pioneer in Andhra Pradesh in putting in place a comprehensive model to serve realty and the public. APREDA, in conjunction with the authorities has been proactive in helping the rationalisation of taxes and fees like VAT, Service tax, stamp duty, other registration charges, impact fee, development charges, etc. benefiting all stake-holders.

MARKETING DEVELOPMENT The role of APREDA in the realm of real estate marketing is no less important. It can be credited with streamlining the marketing process a key input for the economy of the realty sector. APREDA through its property shows and other interfaces has facilitated conducive and informed buying options to the public, through transparency and well meaning initiatives. It has successfully brought all the stakeholders on a single platform and thrown open the doors for them to grow the business and gain mutually.

“As the customers had to drive all the way to the venue, only those who are genuinely interested in buying the property has come to the show.” KNOWLEDGE DISSEMINATION In the process of the dissemination of information and knowledge, APREDA has carved out a niche for itself in a short time. The organisation's monthly meetings, periodic seminars and workshops provide an insightful picture of the industry, the shape of things to come and overall picture from the ground level. The experts and guest speakers at these events have shared their knowledge and enriched a lot of people. A quick look at APREDA's initiatives to enrich members' knowledge on the latest trends and technologies will help one understand how

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COVER STORY serious the association is in this matter. In 2010, the theme of APREDA's conference was “Green Buildings, Townships and Destination, Hyderabad” and in 2011 it was “Vibrant cities for vibrant economy Galvanizing for action”. APREDA Property Show serves to be the ultimate meeting place where the attendees from the property sector will get to know about the various facilities that will aid each of them to execute a smooth running business. The visitors are served with international standard quality services and the exhibitors come face to face with the national as well as international clients which further results in widening the respective marketing networks.

1. About the event A. Excellent B. Good C. Satisfactory D. Poor

43% 31% 24% 2%

SURVEY RESPONSE Real Estate Bulletin Team prepared APREDA Property Show response survey, collecting the feed back from the participants as well as the visitors of the show to know the response of the event. This review will be helpful not only to the property buyers but also the event organizers, in analyzing the show which further facilitates for better participation and more systematic organisation. We made this analysis on the basis of the information received through response survey sheets and interviews conducted with many persons. We took lot of efforts and utmost care to deliver our readers the actual data, relevant statistics, facts and figures about the event..

2. Response from the public A. Excellent 54% B. Good 29% C. Satisfactory 14% D. Poor 3%

A B

EXHIBITORS SPEAK Almost all the exhibitors reported to Real Estate Bulletin Team that they regularly participate in this kind of events and are willing to join in the coming property exhibition also, as it helps in their business advertisement for promoting their projects and generating more prospective leads. Everyone appreciated the efforts of APREDA for the role played by them in bringing all the realty people at one platform. The details of the survey are as follows:

3. Number of prospective leads A. 0-25 Nil B. 25-50 16% C. 50-100 23% D. >100 61%

G A C

F E

4. About the venue of the event (HITEX) A. Excellent 24% B. Good 56% C. Satisfactory 20% D. Poor Nil

B C

EXHIBITORS A. Builders B. Developers C. Material Manufacturers D. Material Suppliers E. Interior Designers F. Banks and Financial Institutions G. Others

5. About the courtesy provided by HITEX A. Excellent 36% C B. Good 54% C. Satisfactory 7% D. Poor 3% B

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D A

COVER STORY 6. When compared to other cities, there would be a big rush to the property shows at Hyderabad A. Agree 54% B. Don't agree 29% C. Can't say 12% D. It depends 5% B

5. Interested to buy A. Flat 54% B. Villa 12% C. Plot 28% D.Home accessories 6%

C D

VISITORS SPEAK Real Estate Bulletin Team interacted with many visitors on both the days of the event. It was certainly not a cake walk. As the entry is free and lucky gift coupons are offered, there is a huge crowd. It is tough to identify the visitor who is seriously interested to buy a property. The respondents were selected based on socio economic classification ie education, occupation, gender, and monthly income. In case of the persons such as housewife, student etc, the monthly income of the head of the family is taken into consideration. The demographics and interests of the respondents are as follows: 1. Age group A. 20-30 yrs B. 30-40 yrs C. 40-50 yrs D. >50 yrs

6. Among Flats A. 1BHK B. 2BHK C. 3BHK D. 4BHK

16% 58% 21% 5%

A D

23% 51% 15% 11%

24% 37% 32% 50 7% 40 30 20

2. Gender A. Male B. Female

7. Budget estimation A. 10-30 lakhs B. 30-50 lakhs C. 0.5- 1 crore D. >1 crore

65% 35%

A D 29% 37% 25% 9%

.D 0.5

1cr

8. Location Preference A. Gachibowli 29% B. Kukatpally 18% C. Miyapur 19% D. Others 34%

We understood that every visitor is looking for vaasthu complaint homes, green environment with all modern amenities like club house, swimming pool, spa, banquet hall, health centre, shopping mall, multiplex etc. They are not just in search of a property, but a lifestyle. Most of the visitors feel that the events like APREDA property show would help them in better understanding about the real estate companies' profiles and the standards they maintain. A wide range of choices and options of the realtors facilitate the public in selecting their kind of property at the right price. The real property buyers always wish for such events to happen again in the city of Hyderabad which assist them in clarifying their doubts and in taking correct decisions.

4. Occupation A. Entrepreneurs B. Self employed C. Officers D. Others

3. Education A. Professional PG B. General PG C. Graduate D. Under graduate

21% 31% 40% 8% A

B C D

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LEGISLATION

REAL ESTATE (REGULATION & DEVELOPMENT) BILL The government is all set to enact a law to constitute a regulatory authority to look into issues relating to the real estate sector, which contributes about five percent of India's GDP and is the second largest employer after agriculture, in an attempt to bring in transparency and safeguards for consumers who buy properties from builders. Government sources said the Real Estate (Regulation and Development) Bill2012 is high on the agenda of the Union Cabinet. “Since the government intends to introduce the Bill in the upcoming winter session of Parliament, it is most likely that the Union Cabinet will approve the draft legislation at its meeting, which will be chaired by Prime Minister Manmohan Singh,” sources said. Major proposals include setting up of regulatory authority in each state, registration of builders wording on projects exceeding 1,000 square meters and mandating developers to submit project details. To understand better about the regulations to be enacted through this bill, we are providing the complete information for our readers in this issue and the next month issue of our magazine, after which we will continue the further part of The AP Apartments Act, 1987.

THE REAL ESTATE (REGULATION & DEVELOPMENT) BILL, 2011 A Bill to establish the Real Estate Regulatory Authority for regulation and planned development in the real estate sector and to ensure sale of immovable properties in an efficient and transparent manner and to protect the interest of consumers in the real estate sector and establish an Appellate Tribunal to adjudicate disputes and hear appeals from the decisions of the Authority and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Sixty-second Year of the Republic of India as follows:-

CHAPTER I PRELIMINARY 1. (a) This Act may be called the Real Estate (Regulation & Development) Act, 2011. (b) It extends to the whole of India except the State of Jammu and Kashmir. (c) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. 2. In this Act, unless the context otherwise requires, (a) “Advertisement” means any document described or issued as advertisement through any form of media and includes any notice, circular or other documents offering for sale of a plot, apartment or building or inviting persons to purchase in any manner such plot, apartment or building to make advances or deposits for such purposes; (b) “Allottee”, in relation to a premises of an immovable property, means the person to whom such premises or immovable property has been allotted, sold or otherwise transferred by the promoter and includes the person who subsequently acquires the said allotment through transfer or otherwise; (c) “Apartment” whether called dwelling unit, flat, premises, suite, tenement, unit or by any other name, means a separate and self-contained part of any property located in a basement or cellar or on one or more floors or any part thereof, in a residential building or on a plot of land, used or intended to be used for residence, or for any other type of

independent use ancillary to the purpose specified and includes any garage room or open space, whether or not adjacent to the residential building in which such apartment is located which has been provided by the promoter for the use of the allottee for parking any vehicle, or as the case may be, for the residence of any domestic help employed in such apartment; (d) “Appellate Tribunal” means the Real Estate Appellate Tribunal established under section 35; (e) “Appropriate Government” means in respect of matters relating to the,(i) Union territory, the Central Government; (Ii) State Government, the State Government; (f) “Architect” means a person registered as an architect under the provisions of the Architects Act, 1972; (g) “Authority” means the Real Estate Regulatory Authority established under sub-section (1) of section 17; (h) “Building” includes any structure or erection or part of a structure or erection which is intended to be used for residential, commercial or other related purposes; (i)“Chairperson” means the Chairperson of the Real Estate Regulatory Authority appointed under section 18; (j) “Carpet area” means the net usable floor area of an immovable property, excluding the area covered by the walls and the common areas; (k) “Company” means a company incorporated and registered under the Companies Act, 1956 and includes, (i) A corporation established by or under the Central Act or State Act; (ii) A development authority or any public authority established by the Government in this behalf under any law for the time being in force; (l)“Competent authority” means the local authority or any authority created under the law made by the State Government which exercises authority over land under its jurisdiction, and has powers to give permission for development of such immovable property; (m) “Development” with its grammatical variations and cognate expressions, means carrying out the development of immovable property, engineering or other operations in, on, over or under the land or the making of any material change in any immovable property or land and includes re-development; (n) “Development charges” means the cost of development works and includes all charges levied by the competent authority by whatever name called towards the development of the real estate project on immovable property; (o) “Development works” means the external development works and internal development works on immovable property; (p) “Engineer” means a person who possesses a bachelor's degree or equivalent from an institution recognized by the All India Council of Technical Education or is registered as an engineer under any law for the time being in force; (q) “Estimated cost of real estate project” means the total cost involved in developing the real estate project and includes land cost; (r) “External development works” includes roads and road systems, landscaping, water supply, sewerage and drainage systems, electricity supply transformer, substation of any other work which may have to be executed in the periphery of, or outside, a colony for its benefit, as may be specified under the rules or byelaws of the local authority; (s) “Internal development works” means footpaths, water supply, sewers, drains, tree planting, street lighting, provision for community buildings and for treatment and disposal of sewage and silage water or any other work in a colony necessary for its proper development;

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LEGISLATION (t) “Immovable property” includes land, buildings, rights of ways, lights or any other benefit arising out of land and things attached to the earth or permanently fastened to anything which is attached to the earth, but not standing timber, standing crops or grass; (u) “Interest” means the rate of interest payable by the promoter or the allottee, as the case may be, under the agreement for sale for default by either party. Explanation- For the purposes of this clause, the rate of interest chargeable from the allottee by the promoter shall not be more than the rate of interest which the promoter would be liable to pay the allottee in case of default; (v) “Local authority” means the Municipal Corporation or Municipality or Local Body constituted under any law for the time being in force and legally entitled to exercise control in respect of the areas under their respective jurisdiction; (w) “Member” means the member of the Real Estate Regulatory Authority appointed under section 18 and includes the Chairperson; (x) “Notification” means a notification published in the Official Gazette and the expression “notify” shall be construed accordingly; (y) “Owner” means the owner or any subsequent owner of an immovable property having undivided interest in common areas and facilities appurtenant to it, in terms of the specific percentage specified in conveyance deed or agreement of sale or deed of allotment, as the case may be, executed under any law for the time being in force, and includes a person having any right or liability under the agreement by assignment or by operation of law; (z) “Person” includes (i) An individual; (ii) A Hindu undivided family; (iii) A company; (iv) A firm; (V) A local authority; (vi) An association of persons or a body of individuals whether incorporated or not; (vii) Any such other entity as the Appropriate Government may, by notification in the Official Gazette, specify in this behalf; (za) “Prescribed” means prescribed by rules made under this Act; (zb) “Project” means the real estate project under this Act; (zc) “Promoter” means (i) A person who constructs or causes to be constructed an independent building or a building consisting of apartments, or converts an existing building or a part thereof into apartments, for the purpose of selling all or some of the apartments to other persons and includes his assignees; or (ii) A person who develops a colony for the purpose of selling to other persons all or some of the plots, whether with or without structures thereon; or (iii) Any development authority or any other public body in respect of allottees of (a) Buildings or apartments constructed by such authority or body on lands owned by them or placed at their disposal by the Government; or (b) Plots owned by such authority or body or placed at their disposal by the Government; for the purpose of selling all or some of the apartments or plots, or (iv) An apex State level co-operative housing finance society and a primary co-operative housing society which constructs apartments or buildings for its members or in respect of the allottees of such apartments or buildings; or (v) Any other person who acts himself as a builder, colonizer, contractor, developer, estate developer or by any other name or claims to be acting as the holder of a power of attorney from the owner of the land on which the building or apartment is constructed or colony is developed for sale; or (Vi) Such other person who constructs any building or apartment for sale to the general public. Explanation. For the purposes of this clause where the person who constructs or converts a building into apartments or develops a colony for sale and the persons who sells apartments or plots are different persons, both of them shall be deemed to be the promoters; (zd) “Real estate agent” means any person, who negotiates or acts on behalf of one person in a transaction of transfer of his property, by way of sale, with another person or transfer of property of any other person to him and receives remuneration or fees or any other charges for his services whether as a commission or otherwise and includes a person who

introduces to prospective buyers and sellers to each other for negotiation for sale or purchase of immovable property and includes property dealers, brokers, middlemen by whatever name called; (ze) “Real estate project” includes the activities of, (i) Development of immovable property including construction thereon or alternation thereof and their management; (ii) sale, transfer and management of immovable properties; (zf) “Regulations” means the regulations made by the Authority under this Act; (zg) “Rules” means the rules made by the Appropriate Government under this Act. (zc) “promoter” means, (i) a person who constructs or causes to be constructed an independent building or a building consisting of apartments, or converts an existing building or a part thereof into apartments, for the purpose of selling all or some of the apartments to other persons and includes his assignees; or (ii) a person who develops a colony for the purpose of selling to other persons all or some of the plots, whether with or without structures thereon; or (iii) any development authority or any other public body in respect of allottees of (a) buildings or apartments constructed by such authority or body on lands owned by them or placed at their disposal by the Government; or (b) plots owned by such authority or body or placed at their disposal by the Government; for the purpose of selling all or some of the apartments or plots, or (iv) an apex State level co-operative housing finance society and a primary co-operative housing society which constructs apartments or buildings for its members or in respect of the allottees of such apartments or buildings; or (v) any other person who acts himself as a builder, colonizer, contractor, developer, estate developer or by any other name or claims to be acting as the holder of a power of attorney from the owner of the land on which the building or apartment is constructed or colony is developed for sale; or (vi) such other person who constructs any building or apartment for sale to the general public. Explanation. For the purposes of this clause where the person who constructs or converts a building into apartments or develops a colony for sale and the persons who sells apartments or plots are different persons, both of them shall be deemed to be the promoters; (Zd) “real estate agent” means any person, who negotiates or acts on behalf of one person in a transaction of transfer of his property, by way of sale, with another person or transfer of property of any other person to him and receives remuneration or fees or any other charges for his services whether as a commission or otherwise and includes a person who introduces to prospective buyers and sellers to each other for negotiation for sale or purchase of immovable property and includes property dealers, brokers, middlemen by whatever name called; (ze) “real estate project” includes the activities of, (i) development of immovable property including construction thereon or alternation thereof and their management; (Ii) sale, transfer and management of immovable properties; (zf) “regulations” means the regulations made by the Authority under this Act; (Zg) “rules” means the rules made by the Appropriate Government under this Act.

CHAPTER II REGISTRATION OF REAL ESTATE PROJECT AND TRANSFER OF IMMOVABLE PROPERTIES 3. No promoter shall develop any immovable property or make any construction thereon or alteration thereof or convert any existing undeveloped immovable property or part of it without registering the real estate project and obtaining a certificate of registration from the Real Estate

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LEGISLATION Regulatory Authority established under this Act: Provided that no such registration shall be required,(a) when the area of land proposed to be developed does not exceed 4000 square meters, or an area as notified by the Central Government in consultation with the States and Union Territories from time to time, which may be different for different States or Union Territories; (b) where the promoter has sought all permissions and received all requisite approvals for the development of immovable property one year prior to the commencement of this Act; (c) for the purpose of renovation or repair which does not involve re- allotment and marketing of immovable property. Explanation.- For the purpose of this Act, where immovable property is to be developed in phases then every such phase shall be considered a standalone real estate project, and the promoter would have to seek registration under the Act for each phase separately: Provided that the promoter who has been carrying on the business of real estate sector on the commencement of this Act, before the expiry of the period of six months from such commencement shall apply in writing to the Authority for obtaining a certificate of registration under this Act: Provided further that in case a promoter who has been carrying on the business of real estate sector on the commencement of this Act, nothing in this section shall be deemed to prohibit such promoter from carrying on the business of real estate, until it is granted a certificate of registration or is by notice in writing informed by the Authority that the certificate of registration cannot be granted to it. 4. (1) Every promoter shall make an application to the Authority for registration of the project for development of any immovable property in such form accompanied by such fee and other information as may be prescribed. (2) The prescribed form referred to in sub-section (1) shall include but not be limited to the information relating to the number and size of plots, layout plan, proposed project and the proposed facilities to be provided thereof. (3) The promoter shall enclose the following documents along with the application referred to in sub-section (1), namely:(a) an authenticated copy of the approval and sanction from the competent authority obtained in accordance with the laws as maybe applicable for the real estate project mentioned in the application, and where the project is proposed to be developed in phases, an authenticated copy of the approval and sanction from the competent authority for each of such phases; (b) a declaration which shall be signed by the promoter stating,(i) that he has a legal title to the land on which the development is proposed along with a legally valid authentication of such title if such land is owned by another person; (ii) that the land is free from all encumbrances, or as the case may be, of the encumbrances on such land including any rights, title, interest or name of any party in or over such land along with details; (iii ) his affirmation that the project or the phase of the project shall be completed as the case may be in accordance with the terms and conditions of the registration; (iv) the period of time within which he undertakes to complete the project or phase thereof, provided it is within the period of sanction by the competent authority; (v) that seventy percent of the amounts realized for the real estate project from the allottees, from time to time, would be deposited in a separate account to be maintained in a scheduled bank, within fifteen days of its realization for meeting the costs of the real estate project and would be used only for that purpose; Explanation.- For the purpose of this clause, the term “scheduled bank” means a bank included in the second schedule to the Reserve Bank of India Act, 1934. (vi) that he has furnished such other documents as may be prescribed by the rules or regulations made under this Act.

(4) On receipt of the application under sub-section (1), the Authority shall within a period of thirty days from the date of receipt of the applications complete the process of the scrutiny of the applications submitted to it. (5)The Authority, after scrutiny of the applications shall (a) grant registration subject to the provisions of this Act and the rules and the regulations made thereunder; or (b) reject the application for reasons to be recorded in writing, if such application does not conform to the provisions of this Act: Provided that no application shall be rejected unless the applicant has been given an opportunity of being heard. (6) For reasons beyond its control, if the Authority fails to complete the scrutiny of the applications within the aforesaid period, the applicants may be permitted provisional access to the website of the Authority and allowed to enter the project details in respect of the projects covered in the application on the website: Provided that the Authority shall furnish a detailed report for every three months to the Appropriate Government, with reasons for delay on projects for which registration has not been granted within the aforesaid period of thirty days. (7) The Authority shall grant the registration to the promoter, if it is satisfied that the promoter has (a) entered into an agreement with the Competent Authority for completion of the development works; (b) complied all the provisions of this Act and the rules and the regulations made thereunder; and (c) furnished the information required by the Authority. (8) The registration granted under this section shall be valid for a period declared by the promoter under sub--clause (iv) of clause (b) of sub-section 3 for completion of the project or phase thereof, as the case may be. (9) The Authority shall, after registration, issue a Login Id and password to the applicant for accessing the website of the Authority and permit the promoter to access the website of the Authority to create his web page and to fill therein the details of the proposed project. 5. (1) The registration granted under section 4 may be renewed by the Authority for a further period of one year on an application made by the promoter in such form and on payment of such fee as may be prescribed: Provided that the registration so renewed shall not be for a period more than that extended by the Competent Authority; Provided further that no registration to a promoter shall be renewed for a period of more than two years; (2) No application for renewal of the certificate of registration made under this section shall be rejected unless the applicant has been given a reasonable opportunity of being heard in the matter. 6. Upon lapse of the registration or on cancellation of the registration under this Act, the Authority, may consult the Appropriate Government to take such action as it may deem fit including the carrying out of the remaining development works by competent authority or by the association of allottees or in any other manner, as the case maybe. 7. (1) The Authority may, on receipt of a complaint in this behalf or suo- moto or on the recommendation of the Competent Authority, revoke the registration granted under section 4, after being satisfied that (a) the promoter makes willful default in doing anything required of him by or under this Act or the rules or the regulations made thereunder; (b) the promoter violates any of the terms or conditions of the agreement entered into with the Competent Authority: Provided that the Authority shall revoke the registration under this clause only on a recommendation received from the Competent Authority in this behalf; (c) the promoter is involved in any kind of unfair practice or irregularities. Explanation:- For the purposes of this clause, the term “unfair practice means” a practice which, for the purpose of promoting the sale or development of any immovable property adopts any unfair method or unfair

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LEGISLATION or deceptive practice including any of the following practices, namely:(A) the practice of making any statement, whether orally or writing or by visible representation which,(i) falsely represents that the services are of a particular standard or grade; (ii) represents that the promoter has approval or affiliation which such promoter does not have; (iii) makes a false or misleading representation concerning the services; (B) permits the publication of any advertisement whether in any newspaper or otherwise of services that are not intended to be offered. (2) The registration granted to the promoter under section 4 shall not be revoked unless the Authority has given to the promoter not less than thirty days notice, in writing, stating the grounds on which it is proposed to revoke the certificate, and has considered any cause shown by the promoter within the period of that notice against the proposed revocation. (3) The Authority may, instead of revoking the registration under subsection (1), permit it to remain in force subject to such further terms and conditions as it thinks fit to impose in the interest of the allottees, and any such terms and conditions so imposed shall be binding upon the promoter. (4) Upon the revocation of the registration, the Authority,(a) shall debar the promoter from accessing its website by deleting his details and inscribing his name in the list of defaulters on its website and also inform the other Real Estate Regulatory Authorities in other States about such cancellation; (b) may recommend to the competent authority to facilitate the balance of the development works to be carried out in accordance with the provisions of section 6; (c) may, to protect the interest of prospective buyers or in the public interest, issue such directions as it may deem necessary. (5) The Authority shall cause to be published in its web site the names and other details of promoter whose registration has been revoked under this section.

CHAPTER III OBLIGATIONS OF PROMOTER AND ALLOTTEE 8. (1) The promoter shall, upon receiving his Login-Id and password under sub-section (9) of section 4 and the Authority's permission to access its website, enter all details of the proposed project in all the fields as required, and the information and documents as specified in sub-section (2) as self declared. (2) The information and documents referred to in sub-section (1) amongst other documents as may be required, include,(a) details of the sanctions accorded by the Competent Authority; (b) details of the registration granted by the Authority; (c) full and true disclosure of his enterprise details including its name, registered address, type of enterprise (proprietorship, societies, partnership, companies, local authority etc.) and registration details under the law registered; (d) a full and true disclosure of the nature of his title to the land on which the proposed project is developed or intended to be developed; (e) If such land is owned by another person, the agreement with the owner of land for the development of the proposed project. Explanation.- For the purposes of this sub-section, documents relating to the title to the land shall be same as submitted before the Competent Authority; (f) details of all encumbrances on such land, including any rights, title, interest or claim of any party in or over such land; (g) fortnightly up-to-date list of bookings on the basis of the agreement to sell entered with them;

(h) proforma of the agreements proposed to be signed with the allottees; (i) the number and the carpet area of each unit or part of unit for sale in the project; (j) the layout plan of the proposed project or the phase thereof, and also the layout plan of the whole project as sanctioned by the competent authority; (k) the plan of development works to be executed in the proposed project; (l) the names and addresses of his real estate agents, if any, for the proposed project, as and when appointed by the promoter; (m) the names and addresses of the architect, structural engineer, if any and other persons concerned with the development of the proposed project; and (N) such other information and documents as may be prescribed by rules or regulations under this Act. 9. (1) No promoter shall issue or publish an advertisement or prospectus, or invite any member of the public to buy or book in such projects to be developed or take advances or deposits without obtaining a copy of certificate of registration with the Authority. (2) No promoter shall issue advertisement or prospectus without first filing a copy of such advertisement or prospectus in the office of the Authority. (3) The advertisement or prospectus issued or published after complying with the provisions of sub-section (1) shall mention prominently the website address of the Authority wherein all details of the registered project have been entered and include such other matters which are incidental thereto. 10. Where any person makes an advance or a deposit on the basis of the information contained in the advertisement or prospectus and sustains any loss or damage by reason of any incorrect, false statement included therein, he shall be compensated by the promoter in the manner as may be determined by the Authority: Provided that if the person affected by such incorrect, false statement contained in the advertisement or prospectus, intends to withdraw from the proposed project, he shall be returned his entire investment along with interest at such rate as may be prescribed. 11. (1) Notwithstanding anything contained in any other law for the time being in force, a promoter shall not accept any sum of money as an advance payment or deposit, from a person without first entering into a written agreement for sale with such person (2) The agreement referred to in sub-section (1) shall be in such form as may be prescribed and specify the particulars of development of the project including the construction of building and apartments, along with specifications and external development, works, the dates and the manner by which payments towards the cost of the plot, building or apartment are to be made by the allottees and the date on which the possession of the plot, building or apartment is to be handed over and such other particulars, as may be prescribed: Provided that the agreement shall be required after allotment where only a refundable application fee is collected from the applicant before draw of lots for specific allotment. 12. (1) The promoter, upon entering into an agreement to sell with the allottee for transfer of the ownership of the immovable property, shall be responsible to make available or cause to be made available to the allottee, the following information, namely:(a) site plans along with structural designs and specifications, approved by the local authority, by display at the site or such other place as may be specified by the regulations made by the Authority; (b) the stage wise time schedule of completion of the project;

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LEGISLATION (c) the time schedule for connecting the proposed project with the various Municipal services as applicable; Explanation.-For the purposes of this clause, the term â&#x20AC;&#x153;municipal services'' means the services offered to the population of cities, settlements and villages by enterprises of the communal service system to meet the material-domestic needs of the population such as water, electricity, gas and other services etc.; (d) the certificate signed by the owner, architect and structural engineer regarding the compliance of statutory provisions related to the relevant revenue, planning, local, structural safety, and fire safety laws or requirements; (e) all such details pertaining to the development of the proposed project which may be required to ensure transparency in the development of the proposed project; (2) The promoter shall(a) be responsible to furnish immediately on payment of reasonable charges as may be specified by the regulations made by the Authority, true copies of the aforesaid documents, to the allottees individually or collectively; (b) obtain a completion certificate from the relevant local authority as per local laws or other laws in force and to make it available to the allottees individually or to the association of allottees, as the case may be; (c) also prepare and maintain all such other details as may be specified from time to time by the regulations made by the Authority; (d) be responsible for providing and maintaining the essential services, on reasonable charges as may be specified by the regulations made by the Authority, till the taking over of the maintenance of the project by the association of the allottees; (e) take steps for the formation of an association or society or cooperative Society, as the case may be, of the allottees, under the laws applicable or, as soon as the majority of members for the formation of the same are in place; (f) not cancel the allotment unless he has sufficient cause to cancel it in terms of the agreement of sale and if he so cancels the agreement of sale, he shall give due notice to the other parties to the agreement of sale and tender a refund of the amount collected along with interest at such rates as may be prescribed: Provided that the allottee may approach the Authority for relief if he is aggrieved by such cancellation and thinks the cancellation of the allotment by the promoter is unilateral and without any genuine cause and is not in accordance with the terms of the agreement of sale. 13. (1) The proposed project shall be developed and completed by the promoter in accordance with the plans and structural designs and specifications as approved by the Competent Authorities. (2) In case any major structural defect or deficiency in such development or services incidental thereto is brought to the notice of the promoter within a period of one year by the allottee from the date of handing over possession, it shall be the duty of the promoter to rectify such defects without further charge within reasonable time and in the event of promoter's failure to rectify such defects within such time, the aggrieved allottees shall be entitled to receive Appropriate damages or compensation as may be determined by the Authority. 14. (1) After obtaining the occupation certificate or completion certificate, as the case may be, the promoter shall submit a copy thereof to the Authority and thereafter take all necessary steps to execute a registered conveyance deed in favour of the allottee thereby transferring the title in the immovable property along with the undivided proportionate title in the common areas simultaneously with the handing over of the possession of the immovable property and the other title documents pertaining thereto. (2) After obtaining the occupation certificate or completion certificate, as the case may be and handing over physical possession to the allottees in

terms of this section, it shall be the responsibility of the promoter to hand over the originals of the title documents and the plans to the association of the allottees incorporated as per the local laws. 15. (1) If the promoter fails to complete or is unable to give possession of a plot or building,(a) in accordance with the terms of the agreement or, as the case may be, duly completed by the date specified therein or any further date agreed to by the parties; or (b) due to discontinuance of his business as a developer on account of suspension or revocation of his license under this Act or for any other reason, he shall be liable on demand, without prejudice to any other remedy to which he may be liable, to return the amount received by him in respect of that plot, building, with interest at such rate as may be prescribed in this behalf and also penalty as may be determined by the Authority; (2) The interest referred to in sub-section (1) shall be chargeable from the date the promoter received the amount or any part thereof, till the date the amount or part thereof and interest thereon is returned and such amount and interest shall be a charge on the land and other structures thereon and be recoverable as arrears of land revenue. 16. (1) Every allottee who has entered into an agreement of sale to take a plot or a building under section 11 shall be responsible to make necessary payments in the manner and within the time as specified in the said agreement and shall after taking possession of the plot or building under section 14 pay at the proper time and place, the proportionate share of the registration charges, municipal taxes, water and electricity charges, ground rent, if any, and other charges, in accordance with such agreement. (2) The allottee shall be liable to pay interest, at such rate as may be prescribed, for any delay in payment towards any amount or charges to be paid under sub-section (1). (3) The obligations of the allottee under sub-section (1) and the liability towards interest under sub-section (2) may be reduced when mutually agreed to between the promoter and such allottee.

CHAPTER IV THE REAL ESTATE REGULATORY AUTHORITY 17. (1) The Appropriate Government may, by notification in the Official Gazette, establish an Authority to be known as the Real Estate Regulatory Authority to exercise the powers conferred on it and to perform the functions assigned to it under this Act. (2) The Authority shall be a body corporate by the name aforesaid having perpetual succession and a common seal, with power, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to contract, and shall, by the said name, sue or be sued. 18. The Authority shall consist of a Chairperson and not less than two whole time Members to be appointed by the Appropriate Government. 19. The Chairperson and other Members of the Authority shall be appointed by the Appropriate Government on the recommendations of the Selection Committee and in such manner as may be prescribed, from amongst persons having adequate knowledge of and professional experience (for atleast twenty years in case of the Chairperson and fifteen years in the case of the Members) in urban development, housing, real estate development, infrastructure, economics, planning, law, commerce, accountancy, industry, management, social service, public affairs or administration: Provided that a person who is, or has been, in the service of the State Government shall not be appointed as a Chairperson unless such person has held the post of Secretary to the Central Government or any equivalent post in the Central Government or any equivalent post in the State Government. Provided further that a person who is, or has been, in the service of the State Government shall not be appointed as a member unless such person has held the post of Secretary to the State Government or any equivalent post in the

Twin Cities REAL ESTATE BULLETIN

LEGISLATION State Government or any equivalent post in the Central Government. 20. (1) The Chairperson and Members shall hold office for a term not exceeding three years from the date on which they enters upon his office, or until the attains the age of sixty five years, whichever is earlier. (2) Before appointing any person as a Chairperson or Member, the Appropriate Government shall satisfy itself that the person does not have any such financial or other interest as is likely to affect prejudicially his functions as such Member. 21. (1) The salary and allowances payable to, and the other terms and conditions of service of the Chairperson and other Members shall be such as may be prescribed and shall not be varied to their disadvantage during their tenure. (2) Notwithstanding anything contained in sub-sections (1) and (2) of section 20, the Chairperson or a member, as the case may be, may, (a) relinquish his office by giving in writing to the Appropriate Government notice of not less than three months; or (b) be removed from his office in accordance with the provisions of section 23. (3) A vacancy caused to the office of the Chairperson or any other member, as the case may be, shall be filled up within a period of three months from the date on which such vacancy occurs. 22.The Chairperson shall have powers of general superintendence and directions in the conduct of the affairs of Authority and he shall, in addition to presiding over the meetings of the Authority, exercise and discharge such administrative powers and functions of the Authority as may be prescribed. 23. (1) The Appropriate Government may, by order, remove from office the Chairperson or other Members, if the Chairperson or such other Member, as the case may be,(a) has been adjudged as insolvent; or (b) has been convicted of an offence, involving moral turpitude; or (C) has become physically or mentally incapable of acting as a Member; or (d) has acquired such financial or other interest as is likely to affect prejudicially his functions as a Member; or (e) has so abused his position as to render his continuance in office prejudicial to the public interest. (2) No such Chairperson or Member shall be removed from his office under clause (c), (d) or clause (e) of sub-section (1) unless he has been given a reasonable opportunity of being heard in the matter. 24. (1) The Chairperson or a Member, ceasing to hold office as such, shall not, without previous approval of the Appropriate Government, (a) accept any employment in, or connected with, the management or administration of, any person which has been associated with any work under the Act from the date on which they cease to hold office: Provided that nothing contained in this clause shall apply to any employment under the Appropriate Government or a local authority or in any statutory authority or any corporation established by or under any Central, State or provincial Act or a Government Company, as defined in section 617 of the Companies Act, 1956; (b) act, for or on behalf of any person or organization in connection with any specific proceeding or transaction or negotiation or a case to which the Authority is a party and with respect to which the Chairperson or such Member had, before cessation of office, acted for or provided advice to, the Authority; (C) give advice to any person using information which was obtained in his capacity as the Chairperson or a Member and being unavailable to or not being able to be made available to the public; (d) enter into a contract of service with, or accept an appointment to a board of directors of, or accept an offer of employment with, an entity with which he had direct and significant official dealings during his term of office as such. (2) The Chairperson and Members shall not communicate or reveal to any

person any matter which has been brought under his consideration or known to him while acting as such. 25. (1) The Appropriate Government may, in consultation with the Authority appoint such officers and employees as it considers necessary for the efficient discharge of their functions under this Act who would discharge their functions under the general superintendence of the Chairperson. (2)The salary and allowances payable to and the other conditions of service of the officers and of the employees of the Authority appointed under sub-section (1) shall be such as may be prescribed. 26. (1) The Authority shall meet at such places and times, and shall follow such rules of procedure in regard to the transaction of business at its meetings (including quorum at such meetings) as may be specified by regulations made by the Authority. (2) The Chairperson or, if for any reason, is unable to attend a meeting of the Authority, the senior-most Member present shall preside at the meeting. (3)All questions which come up before any meeting of the Authority shall be decided by a majority of the Members present and voting and, in the event of an equality of votes, the Chairperson or the Member presiding shall have the right to exercise a second or casting vote. 27. No act or proceeding of the Authority shall be invalid merely by reason of(a) any vacancy in, or any defect in the constitution of the Authority; or (b) any defect in the appointment of a person acting as a member of the Authority; or (c) any irregularity in the procedure of the Authority not affecting the merits of the case. 28. The Authority shall take all possible measures for the growth and promotion of a healthy, transparent, efficient and competitive real estate sector and in particular take the following measures, namely: (a) make recommendations to the Appropriate Government or the Competent Authority as the case may be, on,(i) protection of interest of the allottees; (ii) measures to improve the processes and procedures for clearance and sanction of plans and development projects, and issuance of completion certificates from the Competent Authority to effectively implement the social and economic planning in the real estate sector; (b)encourage construction of environmentally sustainable and affordable housing, promote standardization and use of Appropriate construction materials, fixtures, fittings and construction techniques. 29. (1) Subject to the provisions of this Act, the Authority shall take all possible measures for the growth and promotion of a transparent, efficient and competitive real estate sector. (2) Without prejudice to the generality of the provisions contained in subsection (1), the powers and functions of the Authority shall, inter alia, include(a) to render advice to the Appropriate Government in matters relating to the development of real estate sector; (b)to publish and maintain a website of records of all real estate projects for which application for registration has been received, as database, with such details as may be prescribed including information provided in the application for which registration has either been granted or cancelled ,as the case may be; (C) to act as the nodal agency to co-ordinate all efforts of the Appropriate Government regarding the development of the real estate sector; (d) to fix for each areas under its jurisdiction the standard charges through policy or guidelines, or regulations to be levied on the allottees by the promoter or the association of allottees, as the case may be;

The remaining chapters of the bill will be published in the next coming edition. The total information is available in our website www.estatebulletin.in

Twin Cities REAL ESTATE BULLETIN

ARCHITECT

BRINGING

GREEN TECHNOLOGY

TO HYDERABAD An architect by profession a professor by passion a writer of many journals on architecture and a humble ever learning reader of architectural research Mr. Ar. Ramesh, Technical Director of South East Asian operations of Archinova Design Pvt Ltd,

predicts a bright future for Realty in Hyderabad in his interview given to the Real Estate Bulletin team. Twin Cities REAL ESTATE BULLETIN

ARCHITECT Ø

With around two decades of experience in the industry, tell us about your journey as an architect. Archinova Design, based at Hyderabad, has completed 17 years of architectural and interior design practice and the journey have been absolutely good. In 1995, we started our architectural practice in Begumpet, Hyderabad, working exclusively for corporate world, which has taken a lot of ups and downs based on the market. Our main focus was customer satisfaction, quality of deliverables and in time service, being transparent to the client, providing the best options, solutions, and designs with the latest technology.

Archinova is the best in optimum utilization of space, incorporating the latest trend and technology by following EHS (Environmental Health & Safety) policy Ø What kind of design approach does Archinova Architects follow to reach its goals? Our approach is basically on contemporary design. We go through the back history, functionality and requirement of the client. We firmly believe that the client has faith in us and we cannot let him down and see that all his requirements are fulfilled to his satisfaction and perform to their intended functions flawlessly. We give the best in terms of quality, ambience and functionality. These are the parameters we keep. We also show different product presentations which go into their buildings and work out right materials & specifications based on their budgets. Even in terms of economy, the client should be satisfied. Ø Is there any signature design element in your projects? Our design approach is built according to the contemporary trend. Designs evolve from a rigorous inquiry into the particulars of location, context, programme and clients brief. Customers opt for value additions. All architects can make a design. Archinova is the best in optimum utilization of space, incorporating the latest trend and technology by following EHS (Environmental Health & Safety) policy, taking care of each and every minute thing like Indoor air quality, Lighting Lux Level, Fire alarm system, Axis control, CCTV etc. We try to incorporate all these in the design itself. Our aim is to make the end user feel comfortable. Ø Do you follow Vaasthu? We do follow Vaasthu and the broad guide lines. 90% of clients from Hyderabad ask for Vaasthu. Being in the industry for more than 15 years, we do have knowledge of Vaasthu. We try to deliver the best, incorporating all Vaasthu aspects. Sometimes, some where we may compromise in the design also for Vaasthu, because it is very important. Everyone expect good results. Vaasthu is one of the things which clients believe strongly and we believe in the growth of the client. Ø According to you, how has architecture transformed over the years? Architecture had taken a long journey. 20 years back, space was not a constraint. When space became a premium, individual homes got converted into apartments. It became a challenge for an architect to accommodate the number of apartments in each block and to bring the feel of a home in an apartment. Now it has reached its heights, there are apartments in Hyderabad where each floor is one apartment. We suggest our clients, instead of buying an individual house for Rs. 5 crore in Jubilee Hills, it is better to buy a flat in an apartment for Rs. 2 crore in the same area, with more security and other amenities like gym, swimming pool, club house etc. Apartment culture has crept into everyone and transformed big houses into apartments as it is convenient, affordable and brings the feeling of togetherness through community living.

Ø You have executed projects in India as well as abroad, what are the major differences you find in terms of structural design? In abroad structural designs are purely driven by technology, because of that construction time taken would be less. For example, Park Hyatt building at Hyderabad is a steel structure. Instead of going for RCC slabs and RCC columns, Steel columns and Steel structures are used, which are factory made by companies like JSW (Jindal Steel Works) etc. Building never gets delayed and number of work force is also less. Construction timeline reduces from years to months. (In India, we use traditional style of construction as we have more work forces). Though steel structures are expensive, they are re-usable. When the building is demolished, the steel columns can be used again or they can be exchanged for value of money. Where as the RCC will be a scrap in such cases. In India, people are very competent in advanced technology but weak in the implementation. Ø What initiatives you have taken to renew Hyderabad? I am a very small man (laughs). I will try to do my little bit to develop the city and to bring green technology in all the projects. 'Go Green' is my slogan, I try to use recycled materials in all our projects so that, I add value addition to my client. India needs to understand that resources are limited. We need to use recycled products by maintaining good quality. Ø Could you share your thoughts on the growth of infrastructure in Hyderabad? I stress on basic infrastructural facilities like roads, drainage, water supply and power. I would like all the town planning architects to plan the city in a better way with wider roads, proper electrical installation, continuous water supply, and good drainage system. I again suggest green technology for solar lighting system, solar water heaters to make them mandatory, so that we can use the inexhaustible solar energy just like the state of Gujarat. Ø Your upcoming Projects. We are currently working on Proto type system of architecture. It is a new concept from Malaysia, using recyclable materials like aluminium install, remove, carry and reuse. Through this, a person while shifting the place need not depend on any other resource for re-installation. European countries already use this concept. Ø With the ups and downs in the Realty Industry, would it affect your profession? One industry is interdependent on another. If there is a hospital, around that few guest houses will come, later food joints will start, a coffee shop, a flower store and so on. Every industry needs our service. If new projects come, we have better jobs to do, more revenue to us and more contribution to the society. The greatest thing is, we have repeat clientele for the last 13 years. They take our suggestions for their new projects and their expansion plans, incorporate them and move ahead.

Twin Cities REAL ESTATE BULLETIN

NEWS

December 31 deadline to clear pending BPS, LRS applications

There are still 27,860 applications needing approval

HYDERABAD : The GHMC has stated that illegal building and unauthorized constructions not covered under the Building Penalization Scheme (BPS) are liable to either pay 25 per cent more property tax and also face penal action like demolition. Commissioner M.T. Krishna Babu pointed our that the government has given an opportunity for the unauthorized constructions and buildings built in deviation of the sanctioned plans under the BPS in 2007. The scheme has been closed for any fresh applications and more than 2.5 lakh forms were received, of which 1.36 lakh were approved. There are still 27,860 applications pending for approval and it requires applicants to pay the balance penal amounts or submit the required documents. The government has issued orders a couple of months ago allowing the municipal corporation to collect a the remaining fees or documents and process these pending applications for disposal. BPS melas Mr. Krishna Babu said that 'BPS melas' have been arranged in all municipal circle every Saturday from 3.P.m to 5 p.m to enable the applicants to regularise their respective buildings. Similarly, the Commissioner has also requested citizens to make use of the Layout Regularization Scheme (LRS) which has been extended up to December end. Citizens can regularize their respective plots brought from unauthorized or' illegal layouts by paying a surcharge on the penal amounts. A 20 per cent surcharge on the penal amount will be levied on the balance penal amount to be paid if the initial amount was not paid before December 31,2011 or the 20 per cent surcharge will be on the total penal amount will have to be paid for applications received after December 31,2011. Unapproved layouts and subdivision of plots with registered sale deed/title deed existing prior to the date of notification of the.

The following example is given for differences of the fee to be paid at the time of obtaining building permission s for a plot havi9ng 750 sq. mts with a built-up area of 1,000 sq.mts and fee to be paid for getting building approval in an unapproved LRS plot. The details are as follows.

Plot area 750 sq mts with built up area of 1000sq.mts. with basic value of Rs.10,000 per sq yard Fee to be paid for approved LRS plot (Rs.) Permit Fee 1,000 m x 80 = Rs. 80.000

Fees to be paid for unapproved LRS plot (Rs.) Permit Fee 1000 m x 80 = Rs. 80,000

Dev Charges 1,000 m x 100 = Rs.1,00,000

Dev. Charges 1,000 m x 100 = Rs. 1,00,000 750 m x 75 = Rs. 56,250

Betterment charges 1,000 m x 150 = 1,50,000

Betterment charges 1,000 m x 150 = Rs.1,50,000 750 m x 125 = Rs. 93,750 Rain water Harvesting pits 1,000 m x 8 = Rs. 8, 000 Vacant Land Tax 897 sq. yds x Rs. 10,000x 05% x 8%=Rs.44,850+Rs.3,588=Rs.48438

Rain water Harvesting pits 1,000 m x 8 = Rs. 8,000 Vacant Land Tax 897 sq. yds x Rs. 10,000 X 0.55 x 8% = rs. 44, 850 + Rs 3,588 = Rs. 48,438 (if the Market Value is Rs. 10,000)

Sub-Division 750 m x 15 = Rs. 11,250 14% Open Space Charges 897sq.yds x Rs.10,000 x 0.14=Rs.12,55,800 TOTAL: 3,86,438

TOTAL: 18,03,488

LRS will be considered for regularization. The illegal plot should have been registered before December 31, 2007, The plot holder land owner/association/society/colony developer will have to furnish copies of the sale deed/title deed. The agreement of sale or the general power of attorney will not be considered as evidence, he said. GHMC has so far received 94,752 LRS applications out of which 45,085 applications are approved so far, Around 21,172 applications are

Raheja Mindspace project faces ACB probe Hyderabad: Paving the way for an anti-corruption bureau probe into the alleged irregularities in the Reheja Mindspace project in Madhapur here, Justice Raja Elango of the high court on Friday dismissed the criminal revision petitions filed by Neil Raheja, project chief, Ravindranath, general manager of the project, IAS officers BP Acharya (former MD of AOIIC) and K Ratna Pradha, and senior IPS officer M Gopikrishna. Earlier, following a complaint by an advocate, the ACB court directed the police to register stayed by the HC following petition by Raheja and others. The HC on Friday delivered its judgment dismissing their pleas questioning the order of the ACB court entertaining a complaint and directing the investigation into the circumstances leading to the reduction of the shares of the government in the Raheja joint venture. The judge rejected the plea that the court erred in directing the investigation against the beneficiaries or the officials. He reasoned that there was no reason to interfere with the order at the investigation stage. Minister's conviction stayed: Justice Raja Elango on Friday stayed the conviction and sentence awarded to minister K Parthasarathy by economic offences court in the FERA violation case. The imposition of penalty itself was stayed earlier by the high court. Friday's HC order brave the minister the much-needed respite as the conviction too was stayed till November 10 when the matter is to be taken up for final hearing. Twin Cities REAL ESTATE BULLETIN

NEWS

Fire Licence soon mandatory for small biz establishments Hyderabad: soon small businesses like function halls, super markets, hotels lodges without restaurants, nursing homes and petrol bunks will need a licence from the A.P State Disaster Response and Fire Services wing to carry our their operations. Also, they would be required to renew their licence every year. The fire services department has decided to put in place a licensing system for nine categories of commercial establishments. The new system is likely to come into force within a month. Officials said property owners or developers of high-rise buildings, both residential and Commercial, and hotels have to take 'No Objection Certificate (NOC) from the fire services department before applying for building permission. But, once the NOC is issued, the fire services department has no mechanism to check whether they comply with fire safety norms or not . “Some establishment like petrol bunks, which are prone to fire accidents, need to be inspected periodically by fire personnel. However, establishment which start business after taking NOC will be checked periodically from now on wards. Even minimum fire-fighting equipment installed at there establishments have become ornamental and seldom function in the event of a fire mishap,” a senior officer of the fire services said. Officials said there is a provision to implement the licence system. As per the AP Fire Services Act, 1999, and rule 19 (1) of the AP Fire &Emergency Operations and Levy of Fee Rules, 2006, nine categories of business establishments need to take licence and renew them periodically. This has not been implemented by the fire services department due to various reasons. The Greater Hyderabad Municipal Corporation's fire prevention which (FPW) has proposed that licence system be introduced for non-high rise buildings and other categories. The FPW in GHMC was created and was given the power to inspect buildings up to 15-metre height. Since 2009, the wing has been inspecting buildings before giving occupancy certificates for multi-storied buildings, school buildings, hospitals and commercial complexes. “The department is currently in the process of preparing procedures, checklists and other pro-forma for issuing licence. Powers have to be delegated to fire officers in the dispal limits. The entire process may take a month, ”fire services director P Ventakteshwar said.

GOVERNMENT SET TO HIKE LAND VALUE BY 20% Hyderabad: After enhancing fee for encumbrance, marriage certificate and other services of the registration and stamps department a couple of months ago, the state government is contrmp0lating increasing land value, both agriculture and nonagriculture, for registration purposes soon. If land value is increased, property buyers will have to pay more towards registration and stamp fee. Revenue officials said land values were last revised two years ago in August 2010 and since then revision has not taken place due to various reasons. Then, the state government had decided to increase basic land value annually on August 1. The registration and stamps department had prepared proposals by july-end this year However, revision of land values was kept on hold in view gift deed and other services this year. “When the proposals for revision of land values were prepared in July, the district registration authorities over the prevailing land rates. However, rates are likely to be increased by 20% on the existing land value GOVT COFFERS TO SWELL : Ø State government contemplates increasing agriculture and non-agriculture land value for registration purposes Boduppal, Medipally and Ghatkesar to go up. Ø Property buyers will have to pay more towards registration and stamp fee Ø Land value in shamirpet, Medchal, kulkatpally, Serilingampally and Gachibowli would be enhanced

Rates in areas abutting the Warangal state highway like In Shamshabad, Maheswaram, Hayathnagar mandals the rates might remain unchanged next month,” a senior official of the registration and stamps department told TOL. For instance, government value in Ghatkesar area is Rs 2,300 per square yard, which is likely to be increased to Rs 2,700 per sq yard. Similarly in Almasguda village near, L.B Nagar it is Rs 1,750 per sq yard, it might be revised to Rs 2,000 per sq yard. Sources said details details of land registrations (transactions ) in various sub-registrar offices, especially in surrounding Rangareddy district, were taken for the revision of land value recently, For instance, the number of transactions was more in areas abutting the Warangal state highway like Boduppal, Medipally and Ghatkesar where rates would be increased. Similarly land value in Shamirpet, Medchal, Kukatpally, Serilingampally and Gachibowli would be enhance. In areas like Shamshabad, Maheshwaram, Hayatnagar mandals, the rates might remain unchanged as there were not many transactions. On the other hand, realtors are worried over the proposal to hike registration and stamp duty. “Real estate started gathering momentum just recently. If the registration and stamp duty is hiked, there will be some impact on prospective buyers, ”Vittal Das, a realtor from Ghatkesar, said. Ø

Twin Cities REAL ESTATE BULLETIN

NEWS

Water Board to set up Own Pumping station at Sunkishala

yderabad: Civil works on an intake pumping station at Sunkishala in Nalgonda district will begin soon. The Hyderabad Metro polite Water Supply and Sewerage Board {HMWSB}has entrusted the job of preparing the detailed project report {DPR}to Tata Consulting Engineers {TCE}Ltd. On November 9, the TCE representatives had given a HMWS&SB managing director J.Syamala Rao on the head works to be taken up at Sunkishala. “Originally, the Water Board has proposed to construct an independent intake pumping

station at Sunkishala with the Puttangandi cistern, which is maintained by the irrigation department, suffering breaches regularly. The board has been drawing 180 million gallons per day (MGD) raw water from the Krishna through the cistern to supply to the city under the Krishna project phase I and II,”HMWS&SB director, projects, M Satyanarayana told TOI. In July, the cistern wall had collapsed and the irrigation department took up repairs. After that, the water Board proposed to construct an Impendent intake pumping station at Sunkishala.

Metro rail may run over 328 trees in city Approval Sought to Chop/Relocate Trees for parking Hyderabad: The Hyderabad Metro Rail (HMR) wants to get rid of more than 320 trees to make way for multi-level parking facilities in the heart of the city. Worrying environmentalists said it will only increase air pollution and rob locals of little lung space in the city. The HMR authorities have sough permission for the removal of 328 trees and an application has been filed with the Andhra Pradesh forest department to remove or relocate 105 trees in Punjagutta 160 trees in Errummanzil Colony, 18 trees near Hi-Tec City in Madhapur and 45 trees in Balanagar . The Tree protection Committee (TPC), which met on November 15, said on November 28 and takes a final call on it. According to metro officials, 25 locations have been identified in different parts of the city meant for multilayered parking facilities with skywalks, lifts or escalators meant or channel between these parking spaces and metro stations. Forest officials say that the decision would be taken as per the WALRA Act, 2002, which conserves and protects water bodies, ground water, trees and land. “We had an elaborate discussion on this issue and would be inspecting these sites soon. The removal of trees will only be allowed if it is necessary. If there are any ficus or other species in these sites which can be translocated, then we will allow, “D Nagabushanam, the divisional forest officer, said on Tuesday. “For every other tree removed, five new plants have to be planted which should grow to a minimum height of 1.5 metres and also should be of indigenous variety, “Nagabhushanam, member. TPC, said. Till now, around 4000 trees have been removed for the metro project. These trees were removed from Nagole, Mettuguda, Ameerpet and Mahapur among others Though metro tail authorities have been conducting plantation and translocation drive to make up for this green cover loss, these are mostly on the outskirts of the city, “what the metro authorities are showing about the plantations are just mere numbers. One should not forget that it is uncertain on how they will be maintained over the years or where they are exactly located, “C Ramachandraiah, a citybased social scientist said. Hyderabad has inadequate lung space and taking away more trees from within the city and planting them far from the city would not bring any respite to the citizens, “ he said.

The pumping station would be located th 17 km from the cistern at Puttangandi. The government has accepted the proposal and also gave the green signal for its construction. It also linked the proposal with the Krishna phase-III project, being funded by Hudco to the tukne of Rs.1,500 crore. The water Board would spend Rs.200 crore for the pumping station at Sunkishala “We have asked TCE to submit detailed project report by November-end,” the official said adding, “Once we get the DPR, tenders will be floated.”

yderabad: Several lakes in the Umda Sagar basin of the Old city have disappeared from the face of the earth due to rapid urbanization and three of the nine surviving lakes are likely to face the same fate too, a study has revealed. The recent study initiated by the central government had found that there were 30 lakes until a couple of decades ago. Presently, only nine lakes are 'surviving' in the basin.

Umda Sagar basin drying up The department of science and technology had commissioned the study which was taken up by local environmental protection organizations and a city-based Geographic Information system consultant in April last. The study set our to indentify the status of lakes within the watershed or basins of Mir Alam and Umda Sagar in the Umda Sagar a water shed, which approximately extends from Pahadi Sharif to Talab Katta, 30 lakes were indentified by the team based on Survey of India topology maps and satellite imagery. The researchers worked out that rampant construction within the full tank levels of the lakes and on the water channels led to the gradual disappearance of the water bodies. Some of the surviving lakes that are facing threat of encroachment include Gurram Chedruvu near Barkas where dumping of debris on the shore is shrinking the lake area. Construction of houses in nearby areas like Hufeez Bba Nagar is leading to constriction of the water channel. There by causing flooding in surrounding localities during monsoon. The situation is no different at Shaheen Nagar Lake. According to the study, around 80per of the lake is lost. The water body is dry most of the year but in monsoon the water gets collected in the remaining areas and floods nearby houses. Burhan Khan Lake in nearby Osman Nagar locality is another water body in the basin that is estimated to have reduced to half its original size. Officials of HMDA were shown the locations of the lakes in the Mir Alam Basin following which they decided to make report on the status of lakes. But source in the metropolitan body said that it is unlikely to translate into any Action. Activists associated with the study however are trying hard to salvage the remaining lakes. “Analysis of data will yield a clear picture but it is imperative that full tank levels be fixed as encroachment will reduce this level. So even if the water bodies have to be protected at a later sage, there will be little or nothing left to protect them,” said a member of the research team.

Twin Cities REAL ESTATE BULLETIN

NEWS

First metro train to run in mid-2015

yderabad; The first metro rail service is most likely to be commissioned bymid-2015 for the eight-km stretch between Nagole and Mettuguda, a part of Line Three between Nagole and Raidurg. Although the planned timeline is December 2014, the concessionaire L&T Metro Rail Hyderabad (L&TMRH) wants to be absolutely sure of all aspects in terms of safety before allowing passengers to embark. “A lot of time will be required for testing and trial runs,” said Managing Director & Chief Executive V.B.Gadgil in a recent interaction with the media. Though the line will be ready by next year-end, it will be commissioned a few months later, But in the meantime, contracts for automatic fare collection, elevators entries and exits as well as equipment for workshops are to be firmed up on schedule. “The project is on schedule and all out efforts are being made to complete all the 72-km routes by 2017. Geo-technical investigations are also going on at a very fast pace, he declared. While the current pace was oke, he made it clear that the works accelerator has to be pressed and the output increased if the “tight timelines” have to be met.

The firm has been handed over about 239 acres of the 269 and studies were initiated to ascertain the kind of real estate development various regions of the city can “absorb”. The CEO said properties will be developed in phases following the Transit Oriented Development (TOD) mode. Real estate development will be in the form of retail space, malls and multiplexes. “The city is growing radically and has a good p0otential. We have done conceptual designs for three to four land sites. We have taken environmental clearances and will be soon applying for municipal clearances, “he explained. Hyderabad Metro Rail (HMR) Managing Director N.V.S. Reddy hastened to add that the first priority was to build infrastructure for running the elevated metro while the real estate component was only a means to cross subsidize the project. He also clarified that no religio9us structure or heritage monument was getting affected for the project. A few of them were either being 'bypassed' or shifted with mutual consent wherever road-widening was being taken up to facilitate easy traffic flow during the construction stage. Mr. Reddy also vowed that the works will begin at sultan Bazar only after accommodating the effected parties.

Water Board-Transco spat delays power supply to Godavari project Transco Insists On HMWS&SB Clearing Outstanding Dukes Of $.3.50Cr. Hyderabad: Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB) and A.P Transco officials are at logger heads over independent power lines for the prestigious Godavari drinking water supply project (Maulana Abul Kalam Hyderabad Srujala Sravanthi Scheme). Water Board officials want the power supply as early as possible while their Transco counterparts want the HMWSl&SB to clear outstanding dues of Rs.3.50 crore. The drinking water project aims to bring 172 million gallons per day (MGD) From Yellampally barrage in karimnagar district to meet the city's demand. “The water Board needs 36 megawatt (MW) for the drinking water project. Even before taking up the water supply project, we approached Transco with a request to provide 220KV power supply to pumping stations proposed at Murmur, Bommakal, Mallaram and kondapaka by building separate sub-stations,” a senior HMWS&SB official told TOI. The Water Board also sent a requisition to the Transco that each intermediate pumping station would require dedicated power lines. At substations, the Transco has to install transformers and required equipment. “Though we have been sending reminders to them, so far there was no response from them,” he said. When contacted, Transco, director (Transmission) Ch. Chenna Reddy said, “We have sent an official communiqué to the water Board to pay Rs.15.50 crore supervisory charges. After several reminders, the agency paid Rs.12crore. Transco has been intimating the water Board to clear the pending amount, but so far there was no response. “Transco is ready to provide 220 KV power lines to the pumping stations at Murmur, Bommakal, Mallatam and Kondapaka if they clear the dues,” he added. Water Board general manger Electrical Division. M Rajan said, “we have made all necessary arrangements for 220 KV lines from Transco point of supply to various pumping station sites, but the power utility was delaying procurement of equipment, “ On the other hand, laying pipeline work has been up done up to 100 kms of 186 kms. However, the government wants to complete the drinking water supply project by the end of 2013.

IT Firms announce their expansion plans in city Officials from IT companies, DSM India services and M/s Bartronics, met IT minister Ponnals Lakshmaiah on Tuesday and briefed him about their expansion plans in the city. DSM India is a fully owned subsidiary of DSM Netherlands (net worth US &13 billion) with over 20,000 employees across the globe. The company has a global shared services centre in Hyderabad that provides shared services to its parent company in the

Netherlands. Bartronics, meanwhile, provides smartcard services to major government and private outfits in India and abroad. During the review meeting held by the minister, issues like Kokapet SEZ, Hardware Park, Animation and Gaming park and the state of state government initiative in IT promotion and the progress of the MeeSeva service were discussed. The minister has directed the officials Twin Cities REAL ESTATE BULLETIN

and service providers to target at least 100 services, up from the current of 45 services, provided through the 3,600 MeeSeva across the state. The minister also advised that a minimum o9f 150 MeeSeva centers should be operational by December 31, 2012, in each district. He also directed that certain specific services be provided to citizens such as providing certificates in the format acceptable to Defense, Indian Railways and Banking services.

FOCUS

Search for Property Made Easy Real Estate Bulletin team conducted an interview with Lalit Mangal, the Co-founder of CommonFloor, who created a common platform to all property buyers and users in the country through their web portal. Please tell us more about CommonFloor. CommonFloor.com is one of India's largest real estate portals and an innovative online solution that addresses a person's complete residential requirements. From searching for an apartment to facilitating interactions within an apartment community on the 'common floor' platform and connecting one to relevant service providers, the portal is dedicated to meeting all aspects of consumers' needs around their home. Founded in 2007 by Vikas Malpani, Sumit Jain and myself, CommonFloor today connects over a million house buyers and users who visit their portal every month. Currently present in 130 cities, CommonFloor has over 50,000 communities listed with it, constituting more than 25 Lakh homes. A property seeker can log on to CommonFloor.com to identify the right apartment to rent / buy, interact with dealers & owners and collect relevant information about a property. For apartment communities, CommonFloor acts as an enterprise management tool with features such as resident directory, vendor connect, account management, provision to discuss issues and share information thereby enabling more efficiency and transparency in apartment operations. CommonFloor also acts as a sourcing and marketing channel for property agents, developers, service providers, brands and businesses to offer their services to a relevant target audience in apartments, in a non-intrusive manner. What was the initial idea behind CommonFloor.com? The idea to start CommonFloor occurred to us when we faced a very common sewage problem that many people living in apartment communities will identify with. Despite living in such communities for long, we realized that there was hardly any interaction among neighbours; some families were not even known to us. At the same time all residents faced problems in apartment living that were fairly similar. This made us think of a solution that could bring owners, buyers and association committee members together. After some thought, we finally launched CommonFloor in 2007.

The objective that we had in mind was to make an apartment buyer / owner's life easy, by bringing him and others like himself on a common platform for interactions around services, issues, common interests that would make his living less complicated. CommonFloor has today evolved into a complete solution for a person's real estate / residential needs from finding (buying) / selling (renting) a home to managing his presence in his community. The portal is committed to become a one-stop destination for home seekers, residents, association members and service providers. Do you think consumer awareness has increased over the last few years when it comes to going online for their residential requirements? Why do you think are people going online to meet their needs? Yes, consumer awareness about Internet as a medium to research and gain knowledge to meet one's residential requirements has certainly gone up in the last few years. Today, a person who wishes to buy/rent a flat will first research on the Internet and then go to a dealer. This has brought more transparency into the system.

CommonFloor also acts as a sourcing and marketing channel for property agents, developers, service providers, brands and businesses to offer their services to a relevant target audience in apartments, in a non-intrusive manner. There are various reasons why people go online to meet their residential needs. Anyone who has searched for a house in the traditional way will appreciate the convenience of zeroing in on homes that suit their requirements while sitting in the comfort of one's home. Also, realty market has generally not been transparent with multiple dealers quoting different prices for the same property. Online solutions like CommonFloor help prevent such duplication and bring more transparency in the market thereby saving the time of customers and providing them the most relevant listings. When it comes to Apartment Management, people are generally busy and are not able to come together to discuss common issues

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FOCUS pertaining to the society. Online platforms enable them to connect with their neighbors / society members and discuss their concerns in an open and transparent manner.

Mr. Lalit Mangal

How is CommonFloor different from other real estate portals out there in the market? Unlike most other property portals that mainly provide property listings, our portal provides an end-to-end solution to all our visitors' real estate needs. A property seeker searches, researches and shortlist property at C o m m o n F l o o r. We have features like Map Search, Exhaustive Project search (with around 50,000

Projects), Project Forum, Real Estate Guide, etc which helps a property seeker taking an informed decision. Once he buys the property, he can use our portal to reach out and connect with others who have bought the property in the same gated community. This becomes especially relevant during the period when one has invested in the property but has not received possession. During this turbulent time, one wants to connect with others who have invested in the same property to keep a track of various events. People also connect with each other to discuss about vendors like carpenters, plumbers etc. and many a time manage to carve out a good group deal. Once a person receives possession, they can find all the documents and legal information necessary for completing the ownership as well as starting the RWA on CommonFloor. They can also find vendors who can service their community; information, which is tough to find otherwise if one is new to a locality. The residents can then use CommonFloor on a day-to-day basis for a variety of needs like communication and discussion. Also, RWA can use it for a variety of functions like complaint management, accounting, notifications and much more. This way, we establish a life long connect with our customers.

We heard that CommonFloor offers map-based search for properties. Can you help us understand how it works? This feature is a recent addition to CommonFloor. Integrated with Google Maps, map based search enables users to locate properties on a map, in addition to a keyword based search. Compared to the traditional key word or list based search mechanisms, map based search provides a single, comprehensive view of the area or locality that a user is scanning to buy or rent property. It reduces the number of searches one may need to initiate based on key words. The feature directly addresses the need to identify properties in areas / geographies that one cannot visit. When a buyer is searching for property in another city or region which he or she may not know well, the map based search helps in locating the right kind of property given his or her requirements, without having to call people / agents or travel to the region. Through this feature, buyers also get to know the proximity of key establishments like airports, railway stations, hospitals and schools, which aids easier decision making on the choice of property.

Once a person receives possession, they can find all the documents and legal information necessary for completing the ownership as well as starting the RWA on CommonFloor. Please tell us about any new initiatives that CommonFloor is taking forward? Under our vendor connect initiative; we invite various vendors like property developers, insurance companies, banks etc. to showcase their offerings inside apartment communities thereby providing easy access to such services for residents living in those communities. Recently we connected with 23 apartment communities to celebrate the Diwali by organizing various events such as rangoli competition, singing competition, dancing competition and musical chairs, while connecting with various top brands that displayed their offerings. Some of the companies that participated in the same were Mantri Developers, JR housing, Sobha Developers, GG Properties, HDFC, Zopnow and makemytrip.com.

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HOUSING

Luxury, Class, Comfort and a Brilliant Concept 'Apne Dam Par' is a unique combination of all...

MOST COMFORT LOCATION

At HAFEEZPET - HYDERABAD

Even though a home is the greatest investment of an individual, yet buying a luxury home calls for a lot of research and study. A normal home buyer spends a huge chunk of his savings in purchasing a home. Therefore along with being class apart, he also needs a customer friendly plan in every other means. Every man loves his money and standing by this real time truth, Rashmi Housing; a Mumbai based real-estate company has made its debut in Hyderabad with its unique concept 'APNE DAM PAR'. The company has been amongst the top players in real estate market of Mumbai for more than 10 yrs and with every passing year, it has become more and more customer friendly both with regard to delivery and planning. Rashmi Housing Pvt. Ltd. has a proven successful trackrecord, in creating 200 units with about 7,000 flats being delivered till date, and about 2000 flats more to be delivered shortly in Mumbai. What distinguishes Rashmi from the others is its unique concept 'APNE DAM PAR' which was introduced in Hyderabad as 'SWAYAM SHAKTI THO'. The concept has created a new revolution in Mumbai, highly appreciated by their customers and investors. APNE DAM PAR' is a unique concept initiated by 'GHAR HO TOH AISA', a brainchild of Rashmi Housing. The company stepped in, to facilitate home seekers with its innovative 'APNE DAM PAR' payment plan. It has an easy installment option that provides convenience in November-2012

"The concept offers simple documentation and shorter debt tenure. Over the years it has received huge acceptance for the very reason of huge savings on interest cost and more than 35% payment balance till possession."

giving the purchase amount and thus makes it possible to enjoy the advantages of home ownership right away, right now. This innovative concept bridges the gap between a home buyer's repayment capacity and the constantly increasing home loan interest rates. With floating rate of interest, one never actually realizes what the total cost of home purchase will be until the very last EMI is paid, so budgeting itself becomes a misnomer. With 'APNE DAM PAR" one actually gets to pay only the real amount of his property. Usually to buy a house worth 18-20 lakhs, we take a loan of minimum 12-15 lakhs, which amounts to a monthly EMI of Rs. 12- 15 thousand for a period of 20 yrs. Due to this, almost 12 lakhs is paid as interest over the years. Therefore the effective cost of the house when calculated, becomes almost 30 lakhs. With 'APNE DAM PAR' concept, the buyer saves around 10 lakhs of interest cost; he has to pay only Rs. 12,000 for 50 months that too at zero percent rate of interest. Under this concept, the buyer pays the entire amount of his house in a period of 5 years only, whereas the loan burden usually lasts till 15-20 yrs. Through this concept, many customers have understood that tax repayment is better than bearing a huge interest cost for 20 yrs or more. The other highlights of the concept are Easy Documentation, No income proof required, Shorter debt tenure, 0% rate of interest and a Guaranteed appreciation. This concept was developed, after a lot of

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s.25 Lacs o R e

st Intere cost

Sav

HOUSING

with

Interest Free

EMI’s

Apna... Flat Kharido

Apne Dam par TM

A Unique Payment Plan

research and understanding of the problems that the customer faces while purchasing a house. Every home buyer does not have all the required documentations, many living in this city must be here for work, therefore a permanent residential address proof is something that one might not have in the city, under such circumstances, one is not eligible for a loan. Secondly many IT professional work on contract basis with companies, for them an income proof becomes a hassle. Rashmi housing has studied these issues over a period of time and it is the result of the study that the concept 'APNE DAM PAR” was initiated. The company calls this concept as democratic… 'MADE BY THE PEOPLE, DESIGNED FOR THE PEOPLE'.

Everyone cherishes a dream to own a house; 'GHAR HO TOH AISA', has provided wings to thousands of customers, helping them to turn their dream into reality. After a grand success of the concept in Mumbai, the company is expanding its reach to the other parts of India. 'APNE DAM PAR' has received an overwhelming response at every stop. The company has entered into a joint venture with a distinguished real estate company of Hyderabad, 'Sri Sai Ram Group', the first step towards the joint venture of 'RASHMI SRI SAI RAM HOUSING PVT LTD' is a luxurious project called 'RASHMI LAKE CITY' at Hafeezpet. Providing quality living space remains the November-2012

MOST COMFORT LOCATION

At HAFEEZPET - HYDERABAD

hallmark of 'GHAR HO TOH AISA'. Adequate care has been taken to utilize the available floor space in the most efficient way. The end result is a comfortable, well-built luxurious home for the customers with modern amenities. Having a strong hold on marketing and great reputation with existing customers and other financial bodies, Rashmi has seen a peak in customer response mostly through word of mouth or referrals. Since 2010, more than 2000 happy customers in the suburban Mumbai, have opted for the 'APNE DAM PAR' concept and have appreciated it tremendously. The concept is equally profitable for investors. Rashmi Housing has an established track record of 7000 satisfied customers in its trusted journey of 12 years. With a bank of experience gained from the commercial capital of India, Rashmi Housing is confident of creating a new revolution in the City of Nawabs.

Property Advisor This is the best time to buy a home in Hyderabad as the real estate prices tend to increase due to the rise in the cost of construction, which already happened in other cities but due to several factors it doesn't happened here up to now.

Location Highlights:Located centrally from other popular locales namely Gachibowli, Kukatpally, Miyapur, Hi Tech City etc.; if the trade pundits are to be believed, Hafeezpet is the surprise package that is receiving an unprecedented demand. No wonder that Hafeezpet has attracted huge response from genuine home buyers and eager investors as their best bet in the next bull market.

Lake City, a luxurious 2 BHK & 3 BHK Commodious project at Hafeezpet; by 'RASHMI SRI SAI RAM HOUSING PVT LTD' is the first joint venture initiative in Hyderabad and within a short span, the project is already attracting eye-balls from prospective buyers like never before. Everyone cherishes a dream to own a house; 'GHAR HO TOH AISA', has provided wings to thousands of customers, helping them to turn their dream into reality. Twin Cities REAL ESTATE BULLETIN

LAKE CITY

Twin Cities REAL ESTATE BULLETIN

Diamond Point Glass

Glass Spider Fitting

Glass Patch Fitting

Dealers of Automatic Glass Doors, Toughened Glass and All kinds of Glass for Commercial & Residential Projects.

Automatic Glass Door Dealer

Aluminium Doors & Window

Glass Shower Cubical

H.No. 12-1-486/A/132/A, Kishan Nagar, Asif Nagar, Hyderabad - 500067. Tel: 9949156252 / 9652180823.

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INTERIORS

INTERIORS INSPIRED BY NEEDS H

yderabad based Mr. ROHIT ANAND is associated with some of the top projects of the country in designing modular kitchens and wardrobes. He is the Proprietor of Adhunik Designers, a one- stop-shop for complete residential interiors. He speaks to Real Estate Bulletin team about the quality, sustainability and more.

with the customer directly, we are open to give our products to all the architects and builders also. How unique is your product when compared to others in the market? We believe in originality and what makes our product little different in the market is we are firmly using only water proof plywood for the boxes of the kitchen and ISI branded plywood 18mm commercial for the wardrobes, we don't use any particle board or MDF(Medium Density Fibre) as the box material anywhere as the screw holding capacity is little less when compared to be in plywood. The plywood what we use is totally certified by ISI brand commercial plywood as Would you share your perspective on interior designing in well as termite proof, water proof and without any other problems. housing industry? We also give written replacement guarantee for 3 years and service We have been in the business of interiors for the last 18 years. My warranty for 1 year on entire product range. We have been always father has honourable furniture company called INDECOR constant and we are trying to maintain the quality of the product. FURNITURE INDUSTRIES, where I branched out into the field of For that quality maintenance you have been awarded many interiors, manufacturing my own modular kitchen and wardrobes times. Let us know about them. and we are back in 1994. It's been a long journey, now we are in the We have been honoured with various numerous awards where I have field of interiors where we had started even taking up the received RASHTRIYA NIRMAN RATAN award by 'Economic Growth distributorship for international brands. Earlier interior designing Society of India' in the year 2007. Then in the year 2008 we have been was a luxury and limited to high class houses, today it has become a necessity for every home. â&#x20AC;&#x153;I have received honouree doctorate in the field of interiors awarded with RASTRIYA UDYOG RATAN award which again is the What kind of clientele given to me by the Open International University at Bangkok national recognition for quality, from the Vice-Chancellor and Chairman of the Open do you design for? International University, Colombo, Srilanka. My Hard work, we have also got Indian Achievers Though located at award for quality and excellence. Sainikpuri, Hyderabad, Honesty and Sincerity has finally been recognised. I still believe In 2010 at Bangkok, Thailand I in quality which never fails and I will maintain it always.â&#x20AC;? we have a clientele have received my international throughout A.P. and even around outside A.P. We have done projects award for quality excellence, from her excellency LATHA REDDY the around Bangalore, Delhi, Mumbai and other places. In Hyderabad Indian ambassador to Thailand, which speaks by itself what quality itself most of the localities, you will definitely find one or two houses we maintained and believed in. Coming a long way in the business we done by Adhunik designers. We have ranges in modular kitchens and firmly believe that it is not about how many houses we do, it's all wardrobes, starting from the low budget to high end class as well. We about more quality and more name. I have received honouree have all satisfied customers and most of the clients we get business doctorate in the field of interiors given to me by the Open through references because happy clients give more business. We are International University at Bangkok from the Vice-Chancellor and also doing big ventures along with some of the builders which we Chairman of the Open International University, Colombo, Srilanka. have done couple of model houses for them and the response is being My Hard work, Honesty and Sincerity has finally been recognised. I quite good. still believe in quality which never fails and I will maintain it always. What makes Adhunik Designers so special? What standards Brief us on your expansion plans. does it adhere to? Very soon we are planning to start a new branch at Gachibowli and we We are adaptive to new trends and models in interior designing. We are always open for franchising across India. We are a dealer of 28 understand the client needs; guide them based on their requirement brands including some international brands like HAFELE. For Andhra and design for them according to their taste. We are going to give a Pradesh, we are the distributor of an international brand AGT which drawing before hand to show the usage of the colours as well as other is supposed to be among the world's top 3 technologies, tested and options. We provide 99% accuracy in our designs and products with certified by tuv, tesk & iso. We are ready to deliver our products and in the stipulated time frame. Our prices are constant and transparent. services to the customers who log on to our website Here again there are lucrative promotional offers. Mostly we deal www.adhunikdesigners.net Twin Cities REAL ESTATE BULLETIN

BUILDING TECHNICALS

Pre-Fabricated Homes B

ringing a drastic change in the construction industry, Engineered Homes as compared to the traditional method of construction involves assembling partially constructed components manufactured inside a factory. Eliminating the need of a large workforce and large turn over time, components such as supporting pillars, door head and roof structure, are built in a climate-controlled factory, away from the construction site and transported to the actual site for assembly. A structure built following this methodology is stronger, faster and economical as compared to buildings constructed conventionally. The global market for prefabricated housing is forecast to reach 757 thousand units by the year 2015. Government regulations, promotional projects, climatic conditions, and technological advances are the key factors driving growth in the market. Other growth drivers include increasing consumer awareness, and manufactures' response to consumer needs. As of 2011, there were about 46,000 prefabricated homes in America as compared to the roughly 130.5 million conventional, or architect designed, homes. There is around 27 million affordable housing shortage in the country and project execution challenges and shortage of human resources, the traditional 'brick and mortar' construction is giving way to prefab structures and materials. Prefab technologies can be used to build homes quickly and cost-effectively, especially as traditional construction costs continue to rise. As the cost of borrowing is steep and developers are facing a liquidity crunch, time means money. November 2012

Modular construction is faster and adds to the revenue stream of builders.

Some Important aspects about precast technology · The use of this technology expedited the construction work · The quality of the construction is better compare to normal method · Better health and safety measures are arranged and managed at the building site · It is independent of weather conditions · The Precast panels helps in creating bigger carper area · The use of this technology does not need plastering because it makes the surface very smooth The use of prefabricated structures is on the rise which means more convenience to the consumers and good business for entrepreneurs. Building concrete structures is time-consuming, thanks to the number of steps involved right from sourcing the raw material to giving the finishing touches. This becomes a big problem especially if the requirement is immediate. However, since last four-five years, India has been introduced to a solution to this problem in the form of prefabricated structures, or prefab in short.

Private Developers entering into Prefabricated homes Developers are not adopting precast concrete and engineering homes technology in their projects after encouraging results of these technologies in Europe and the Middle-East. Interior Craft, Alstone, Orris Infrastructure, Amrapali, Supertech, etc, have adopted a new

Twin Cities REAL ESTATE BULLETIN

BUILDING TECHNICALS building system that offers speed, quality and value at the same time. The use of such technology helps in saving up to 60 per cent of the total man hours needed using conventional methods. That is, if a building takes one year to raise using conventional methods. That is, if a building takes one year to raise using brick and mortar method, it can be completed in four months with precast and engineering homes method. Engineering and precast technology cuts down on the need for a large workforce and large turnover time, with components like supporting pillars, door heads and roof structures built in a climate-controlled factory away from the construction site and transported to the actual site for assembly. A structure built using this methodology is stronger and economical, compared to buildings constructed conventionally. In addition, it takes a very short time to put together, too. Mr. R K Arora, CMD, Supertech Ltd said, “Fifty thousand customers of the company will be benefitted by the use of this new precast concrete technology. This technology will help continue the hindrance free construction work in any season. Also the quality is better in comparison to regular brick and mortar. Structures made up with such technology does not need plastering because it makes the surface very smooth which requires very less maintenance. But what's important is that precast strengthens the overall solidness of the house, which customer ultimately wishes for”. Prefab homes use latest technology and minimize defects through stringent quality checks. “Supertech Limited has been credited being the first company to use this technology and we have set up our manufacturing unit in Noida Extension in the area of 60 thousand meter, where, roofs, walls and floors of the house will be constructed. There will be a defined space for window, electronic fitting, doors etc. Everything will be controlled and monitored through computer which ultimately helps in making the structure stronger and better shaped. This technology is already being used in Europe, Dubai, Malaysia, Singapore and many other countries worldwide. As we are aware that it has many advantages and it also reduces the construction cost and the time involved in it, so using it in a big way will help all the construction companies in delivering better results which ultimately will help the people at large” he added.

Precast and engineered homes technology helps in sustainable development Mr. Anis Ahmed, Managing Director, Interior Craft said, “We have come up with the concept of Interior Craft Engineered Homes, also termed as I.C.E. Homes, realizing the need of the customer of today's world. This home is durable and technically superior and has all the certifications of clearance as per the safety and environmental norms issued by the concerned authorities. Priced reasonably, I.C.E. Homes give home buyers a ready to move-in option completing in just 3 months of time”. “An I.C.E. Home can be constructed any where on this earth, be it on a sand dune, along a beachside or on the hills. What a person needs to have is just a piece of land. The cost of constructing an I.C.E. Home is approximately Rs. 2600 sq. ft., which proves to be more economical than traditional homes due to the tensile and compressive strength of November 2012

premium quality stainless steel”. “We are confident that Interior Craft's engineered Homes will redefine the Indian construction industry”, added Mr. Aamir Ahmed. GROWTH POTENTIAL Pre-fabricated construction is not entirely new to the Indian construction space. Office and commercial buildings have been using prefab wall panels, ceiling panels, plasterboards and flooring systems to create interiors of offices and other places. Compare to brick-and mortar walls, prefab panels and boards are around 10 times lighter and this reduces the cost of the building. The use of prefab materials gives the option of customizing buildings for specific needs such as fire and water resistance and sound-proofing. Most of the demand for prefab materials is from large developers and for commercial spaces such as offices. Use by individuals for their homes is yet to gain popularity. Presently prefab construction technique is getting popularity in India. Within India, one of the greatest obstacles is within the construction industry-the long periods for which projects are stuck, with delays in the supply chain. Off-site fabrication can reduce delays, free up the supply chain and help projects move ahead more rapidly. Rising demand for housing and improvement in techniques will increase acceptance. As building inventories with developers become bigger, delivery becomes a priority and skilled labour replaces unskilled labour, we will see more and more construction companies following these practices these days. Prefab time saving Precast concrete technology has proved its worth by saving a lot of construction time. The best part of the technology is that it not only speeds up construction work but also enhances the quality of the final output. The use of this technology can bring down the construction cost by 10-15 per cent affordable housing. Prefabricated structures can be assembled at a site with high speed. For instance, around 1000 sq ft can be erected on site in approximately two to three days. These structures are sturdy and have life of approximately 30 years, which is comparable to any on-site built structure. Materials used include wood, PVC, Cement Fibre Board and Galvanised Iron sheet panel, with varying thickness. Presently, the real estate industry is under tremendous pressure when it comes to timely completion of projects it is a huge task for the builders. Precast and engineered homes technology helps in sustainable development by introducing eco-friendly and innovative technologies and could pave the way for green construction and a green plant. Alstone International is delivering aluminium composite panels (ACP), which will aid precast concrete and engineering homes technology immensely. Its total production capacity is 20 million sq ft per annum. Future Bright With the awareness and acceptance of prefabricated technology among the Indians, the traditional brick-and-mortar construction will give way to modern methods of constructions such as prefabricated structures. If in the coming years, 20 to 30 per cent of development is undertaken through prefab techniques, the industry size will be to the tune of around US$100 billion. New technology will be critical to building homes quickly and more cost-effectively, especially as input costs for traditional construction continue to rise as the customers want quality and timely possession such technology is inevitable in house. RICS in partnership with asset management firm Sam Circle Venture, Philadelphia-based architecture firm Kieran Timberlake and Mumbaibased consultancy company Project Well is already working on an affordable housing concept called India Concept House that uses prefabricated technology and allows houses to be manufactured and assembled in under two months.

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CMR

CURRENT MARKET RATES RATES AS ON 28.11.2012 ( Rates are subject to minor change as per market conditions)

CEMENT ULTRATECH CEMENT 53Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 280 AMBUJA CEMENT weight : 50 Kgs Market Price/ Bag: Rs. 260 RAASI CEMENT 53Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 258 BHARATI CEMENT 43Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 275 SRI HANUMAN STEEL TRADERS :#9-7-355, Maruti Nagar, Champapet, Hyderabad. Ph: 9948696021 / 9346936977

STEEL Size : 6mm Size : 8mm Size : 10mm Size : 12mm Size : 16mm & 20mm BALAJI STEEL TRADERS :H.No. 3-4-897/1, Main Road, Beside Barkathpura, Hyderabad. Ph: 9603221725 / 9848087244

Per Tonne : Rs. 41,000 Per Tonne : Rs. 46,500 Per Tonne : Rs. 44,500 Per Tonne : Rs. 43,500 Per Tonne : Rs. 44,500 Indian Oil Petrol Bunk,

JAIRAJ STEEL Size : 8mm Per Tonne : Rs. 47,600 Size : 10mm Per Tonne : Rs. 46,300 Size : 12mm Per Tonne : Rs. 45,000 Size : 16mm Per Tonne : Rs. 46,300 SRI HANUMAN STEEL TRADERS :#9-7-355, Maruti Nagar, Chempapet, Hyderabad. Ph: 9948696021 / 9346936977

BRICKS Light Brick : Heavy Brick :

Rs. 4.00/ Brick Rs. 3.00/ Brick

SAND Vijayawada Sand :

Chirala(Silt) Medium Filter Sand (12-13 Ton/load) : Red Sand : Murhum Filling (Big Truck) :

Rs. 1450 / Tonne Rs. 1450 / Tonne Rs. 7500/ Truck Rs. 3500/ Truck Rs. 1200/ Truck

METAL Size : 20mm Size : 25mm

300 Sft 200 Sft 300 Sft 300 Sft 100 Sft

Rs. 7000 / Truck Rs. 4500 / Truck Rs. 6500 / Truck Size : 40mm Rs. 7300 / Truck Size : 60mm Rs. 2200 / Truck Stone Blocks Rs. 13 / Block SRI GANESH BUILDING MATERIALS SUPPLIERS :DMRL X Road, Pochamma Gadda, Phisal Banda, Hyderabad. Ph: 9908900730 / 9394468123

Traders Send your Product Rates. To info@amstar.cc

MARU ELECTRICAL ACCESSORIES MIRACLE MODULAR Code

Description Size Rs Per Pc. PKG MIRACLE SWITCHES M-006 10AX1-WaySwitch 2M 53.00 10 M-007 ” 2-Way Switch 2M 65.00 10 M-008 ” Bell Push 2M 58.00 10 M-009 ” Switch + Ind 2M 64.00 10 M-010 ” Bell Push + Ind 2M 69.00 10 M-206 20 A. 1-Way Switch 2M 64.00 10 M-207 ” 2-Way Switch 2M 76.00 10 M-208 ” Switch + Ind 2M 75.00 10 6A. SOCKETS M-065 Multi 2-In-One Socket 2M 78.00 10 (13A. Flat Pin / with Shutter) M-016 6-16A. Universal Socket 2M 100.00 10 (with Shutter) M-090 25A. Universal Socket 2M 120.00 10 (With Shutter) Standard Electricals.5-1-546/ 1 & 2, Beside Narsing Lodge, Troop Bazar, Hyderabad 500195. Contact: 040-24613159 / 040 65588570 Blue Apple Club Plywood ( IS: 710) 100% Gurjan 19mm Rs. 85/Sft. 12mm Rs. 55/sft 9mm Rs. 46/sft 6mm Rs. 37/sft Blue Apple Corporate Plywood (IS: 303) BWR Grade 19mm Rs. 67/sft 12mm Rs. 48/sft 9mm Rs. 38/sft 6mm Rs. 29/sft Blue Apple Plywood ( IS: 303) MR Grade 19mm Rs. 53/sft 12mm Rs. 38/sft 9mm Rs. 35/sft 6mm Rs.27/sft Project PLY (IS: 303) Hardwood MR Grade 19mm Rs. 45/sft 12mm Rs. 35/sft 9mm Rs. 32/sft 6mm Rs.25/sft BHARAT PLY ZONE D.No. 7-1-237/2, Near Yellama Temple, Balkampet, Hyderabad500016. Phone: 040-65511155 / 9550362630. Email: blueappleplywood@gmail.com GLASS Texture Acid Work 90 Rs/Sft Acid & Air Brushing Work 350 Rs/Sft Bevel Fusion Work 450 Rs/Sft Crystal Acid Work 400 Rs/Sft Air Brushing Work 350 Rs/Sft Etching Work 30 Rs/Sft Reverse Etching Work 75 Rs/Sft White Acid / N.R. Work 75 Rs/Sft 12mm Clear Glass Per Sft 98/- 10mm Clear Glass Per Sft 83/8mm Clear Glass Per Sft 67/6mm Clear Glass Per Sft 47/5mm Clear Glass Per Sft 37/4mm Clear Glass Per Sft 31/RISHAB GLASS 3-159, Fathenagar Main Road, Opp. Gram Panchayat Office, Hyderabad-18. Phone: 040-64553738 / 8374424331 Email: rishabhg_2011@rediffmail.com

NCP

NEW

CONSTRUCTION PROJECTS WITH RATING Rating is based on the evaluation of the Real Estate Bulletin Team in the aspects of the organization track record, financial flexibility, structural quality, legal liability, project funding, finishes, amenities, vaasthu, innovation in technology, design etc. Along with all these, market feedback is also taken into consideration. However we do not guarantee or suggest the positive or negative perceptive of the project or the company but we help our reader or the referral person of these ratings, in taking an independent and informed decision while purchasing or investing in any of these properties..

GREEN VALLEY

NEVILLE @ SUNWAY OPUS GRAND

Builder: SRS Projects. Corporate office: Shop No.6, Bhavyas Anandam Apartments, Nizampet Road, Hyderabad - 90. Property Type: Independent house/villa. Location: Nizampet. Area Range: 180 sq yards. Bedroom: 3 BHK . Price Starting From: Rs. 80 Lakhs. Possession: December 2013 Contact Person: Ravi Kumar. Mobile : 8790030909. Phone: 040-23898282. Email: srs.projects@yahoo.com

Builder : Sunway Opus International Pvt. Ltd. Corporate office: Survey Nos.162P & 164 Ameenpur Village & Post Off MiyapurBachupally Road Patancheru Mandal Medak District - 502 032. Property Type: Flexi VIillas. Location: Miyapur. Area Range: 1101SFT to 1579SFT. Bedroom: 2/3 BHK, Duplex & Triplex. Price:36 lakhs onwards. Possession: 24 Months Concern Person: Ramya, Mr. Suresh. Mobile: 9704044111, 9704345633. Email: bhavani@sunway.com

DWARKA TRENDZ Builder: Dwaraka Constructions Corp Add:VenkatSai Gateway, Adjacent to Gachibowli Junction, Gachibowli, Hyd. Location :Gachibowli, Hyderabad. Property Type: Residential Apartments Area Range: 1188 to 1369 sq. ft. Phone : 09505289891. E-mail: pradeep@dwarakagroup.com.

MAGNUM OPUS Builder:Magna Infra Tech (India) Pvt. Ltd.Corp Add:Cyber Hills, Road No. 2, Gachibowli, Hyderabad-500071. Property Name: Magnum Opus. Property Type: Residential. Area Range: 1175 to 2035 sq.ft. Location: Gachibowli, Hyderabad. Phone: 09391000023. Email:- magnainfratech@gmail.com

JUBILEE CYBER GRANDE Builder : Jubilee Infratech Pvt Ltd. Corporate office: Jubilee Infra, 2-1-740, Flat No.10, Manohar Apts, O.U. Main Road, Vidyanagar, Hyderabad - 44. Property Type: Residential Apartment. Location: Madhapur. Area Range: 1781 sq.ft. - 2093 sq.ft. Bedroom: 3 BHK. Price: Rs.4500 per

GOLF VIEW Builder : Theme Ambience Constructions Corporate office: Theme Ambience Construction Pvt. Ltd. Plot No. 1-B, House No. 8-2-293/82/L/1-B, 1st floor, MLA Colony, Road No. 12, Banjara Hills, Hyderabad-34. Property Type: Residential Apartments. Location: Gachibowli. Area Range: 1130 Sft - 2030 Price Starting From: Rs.3490/- per sft. Possession: July/august 2012 block D & E, Dec 2012 block C, March 2014 block B. Concern Person: Mr. Sharad, Mr.Anish Mobile: 9391050852, 9348521652. Email: themeambience@gmail.com

WHISPER VALLEY Builder : Harikrishna. Corporate Office: Western Constructions, Sy. No. 14, 20, 21, 22 & 23, Dargah Hussain Shawali, Raidurg, Opp. O.U. Colony, Near Whisper Valley Jubliee Hills, Hyderabad - 500 032. Property Type: Residential Apartment Location:Near Whisper valley Jubliee Hills , opp to O.U colony, Raidurg. 1509 Sft. to 3325 Sft. Price Starting From: Peripheral View Flats - Rs. 2999/- per sft + Amenities Garden View Flats - Rs. 3099/- per sft + Amenities. Possession: Dec 2011. Concern Person: Srikanth. Mobile:9963995723. Email: marketing@westernconstructions.com

sqft. Possession: On Request. Mobile: 9848745528, 9848045527. Email: jubileeinfra@hotmail.com

Twin Cities REAL ESTATE BULLETIN

NCP APARNA CYBERZON

FLOATILLA Builder : Elegant Infratech Pvt. Ltd. Corporate office: M/s.Elegant Infratech Pvt. Ltd. #A2, Mapple Homes, Plot # 89 & 90, Sector 1, Block D, Alkapoor Town Ship, Neknampur, Hyderabad - 89, A.P., India. Property Type: Residential Apartments L o c a t i o n : A l k a p o o r To w n S h i p , Manikonda Area Range: 1300 Sft to 3260 Sft. Bedroom: 2 & 3 BHK. Price Starting From: Rs. 2400/sft. Possession: January 2014. Concern Person: Kishor. Mobile: 9949166663, 9949155551. Email: info.elegantinfradevelopers@gmail.com

Builder : Aparna Construction Corporate office: Aparna Constructions And Estates Pvt Ltd. #802, Door no: 6-3 352/2&3, Astral Heights, Road No. 1, Banjara Hills, Hyderabad - 500 034. Property Type: Residential apartment Location: Gachibowli. Area Range: 1245 - 1850 sq.ft. Bedroom: 2 & 3 BHK. Price Starting From: Available On Request. Concern Person: Mr. Sudhakar. Mobile: 9010716060. Email: audrey@aparnaconstructions.com

DHAANI'S 9 SQUARE SAI'S SPECTRA Builder :Rishiâ&#x20AC;&#x2122;s Sai Ram Projects Pvt. Ltd. Corporate office: Rishi's Sai Ram Projects Pvt. Ltd, D.No. 8-3-319/10/1, Flat No. 402, A m e e r p e t , H yd e ra b a d - 5 0 0 0 3 8 , Andhra Pradesh, India. Property Type: Residential Apartments. Location: Czech Colony, Sanath Nagar. Area Range: 1200 Sft to 1920 Sft. Bedroom: 2BHK & 3BHK. Price Starting From: Call for Price. Possession: December 2013. Concern Person: Madhu Sudhan Rao. Mobile: 9246115223. Email: info@rsrppl.com

Builder : Dhaani Builders. Corporate Office:M/s.Dhaani Builders. Address: 2-565/C/1, Upparpally, Pillar No. 178, On Mehdipatnam Ring Road, Hyderabad - 48. Property Type: Residential Apartment Location: On Mehidipatnam Ring Road, Near Attapur. Area Range: 1049 Sft & 1675 Sft. Bedroom: 2 & 3 BHK. Price Starting From: Rs.2700/-* Per Sft. Possession: March 2013. Concern Person: Bhanu Prakash. Phone: 9550000026 / 9550000027 / 040-6463 0026. Email:- dhaanibuilders@gmail.com

A & B RESIDENCY GEMINI JEWEL Builder : Gemini Infra (India) Pvt. Ltd. Corporate Office: Gemini Infra India Pvt Ltd.,Flat no.401, Plot no.25, Kingston Bwing, Pragathi Nagar, Opp. JNTU, KPHB, Hyderabad - 90. Property Type: Independent Residential Villas. Location: Nizampet. Area Range: 1990 sft. Bedroom: 3 BHK. Price Starting From: Rs. 3266/per Sft. Possession: 2013. Concern Person: Mr. Nagaraju. Mobile: 09866161689 / 040 64630909. Email: info@geminiinfra.com

Builder : Adam & Bandari Constructions Corporate Office: Adam & Bandari Constructions, #8-1-347/B/9/1 to 347/B/9/4, Rahul Colony, Beside Aziz Bagh Colony, Tolichowki, Hyderabad -08. Property Type: Residential Apartment. Location: Rahul Colony, Beside Aziz Bagh Colony, Tolichowki. Area Range: 904 1850 Sft. Bedroom: 2 & 3 BHK. Price: Rs.3500/-* Per Sft ; 2.5 lac for amenities & One Car Parking. Possession: August 2014. Concern person: Phone: 9959377737 /9246118867 / 040-23569110. Email:- dgirishb@gmail.com

GACHIBOWLI COUNTY PHASE IV

FABLE NANO 2 Builder : Victory Avenues. Corporate Office: Victory Avenues, #102, Nulife Apartments, Opp: Chest Hospital, S.R.Nagar, Ameerpet, Hyderabad -38. Property Type: Residential Property. Location: Narsapur, Near Miyapur. Area Range: 500 SqYds. Price Starting From: Available on request. Concern Person: Suresh Kumar. Mobile: 9052186666. Email: salesvictory9@gmail.com

Builder : Green city. Corporate Office: Guru Krupa,1st Floor:8-2-598/A/ 1/ 128 Lane Beside Star Hospitals, Road No 8, Banjara Hills, Hyderabad - 500034. Property Type: HMDA Approved Residential Zone Plots. Location: Gachibowli, Nr. Mokila . Area Range: 200 to 400 sq. Yds. Price Starting From : Available on Request. Possession: Ready to Built. Concern Person: Mr.Venkatapathy Rao. Mobile: 7799999738. Email:venkatapathi1975@gmail.com

Builders and Developers please send your Project details to our mail-id: info@amstar.cc Contact: 95500 01900, 040-31000815. Twin Cities REAL ESTATE BULLETIN

LAND RATES

Land & Built up Rates S.No

AREA

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47

Musheerabad Chikkadpally Khairatabad Sanath Nagar Shadnagar West Maredpally Attapur Nallakunta Kachiguda Amberpet Jubilee Hills Hitech City Ashok Nagar Gachibowli Begumpet Pajagutta Ameerpet Banjara Hills Kondapur Madhapur Masab Tank Somajiguda Secunderabad Kukatpally KPHB Dilshuknagar Uppal Shamshabad Alwal Chandanagar A S Rao Nagar Barkatpura Bachupally Bandlaguda Bibi Nagar Bollaram East Maredpally Hyderguda Himayathnagar Hydernagar L B Nagar Mehdipatnam Nampally Mallapur Manikonda Nagole Appa Junction

COMMERCIAL (Rs/sqft)

RESIDENTIAL (Rs/sqft)

5500 - 7000 5500 - 7000 4000 - 6800 4500 - 6000 500 - 650 5000 - 7000 3200 - 4000 3400 - 3800 3500 - 3800 2600 - 2800 8000 - 11000 4000 - 5500 4000 - 5000 4000 - 5000 5000 - 7000 4000 - 6500 4500 - 6000 5250 - 16000 4200 - 5000 5000 - 6500 3000 - 3800 4500 - 6000 3200 - 4000 3500 - 4800 3200 - 3500 4200 - 6000 3000 - 4000 3000 - 4000 2000 - 3200 3200 - 5000 3000 - 3500 4500 - 5000 2000 - 2500 2300 - 2500 2200 - 2700 2000 - 2500 5000 - 7000 3200 - 4500 15000 - 20000 2650 - 3800 3000 - 3500 5000 - 6000 4000 - 5500 2500 - 3500 2600 - 3000 2500 - 3200 3000 - 4500

2500 - 2900 3000 - 3800 3800 - 4500 3550 - 4350 300 - 550 4000 - 5500 2500 - 3200 3000 - 3500 3200 - 3500 2300 - 2500 6000 - 7500 3500 - 7000 3800 - 4500 2800 - 3600 3500 - 4200 3500 - 4500 3550 - 4350 4500 - 7700 3500 - 4000 3500 - 4000 3600 - 4400 3900 - 4900 3000 - 3500 4500 - 5500 3500 - 4000 3500 - 4500 2000 - 2500 2500 - 3200 1900 - 2300 2300 - 3000 2800 - 3200 4000 - 4800 1500 - 2100 2000 - 2200 2000 - 2500 1800 - 2200 4200 - 5000 3000 - 3500 7000 - 8000 2500 - 2800 2500 - 2800 3000 - 4200 2800 - 3900 2000 - 2700 2200 - 3400 2200 - 2800 2500 - 2900

RETAIL (Rs/sqft) 6500 - 9000 7800 - 10000 6500 - 7400 3500 - 7000 1000 - 2200 6500 - 8000 6000 - 7000 5500 - 6000 6000 - 8500 5500 - 6500 11000 - 14000 10000 - 13000 5400 - 6800 6500 - 7800 10000 - 13000 11000 - 14000 7500 - 15000 10000 - 13000 6500 - 7800 10000 - 13000 5500 - 6200 9000 - 11000 8000 - 10000 7500 - 9000 7000 - 8500 9000 - 12000 7500 - 9000 4500 - 6400 4000 - 5000 5000 - 6500 6500 - 8000 7000 - 8500 3000 - 4200 3500 - 4000 2800 - 3000 2500 - 3200 5200 - 6500 7500 - 9000 11000 - 13000 3000 - 3600 6000 - 8000 6500 - 9000 5000 - 7800 3000 - 4500 3000 - 4000 3000 - 3800 3500 - 5000

OPEN LAND RESIDENTIAL (Rs/sqft)

COMMERCIAL (Rs/sqft)

4200 - 4800 5500 - 7000 4500 - 5200 4800 - 7000 2500 - 4000 4400 - 6000 3400 - 5500 6500 - 8000 200 - 400 350 - 560 3200 - 3500 3400 - 4000 1800 - 2500 2400 - 3400 2100 - 3000 2200 - 3200 2450 - 2800 3100 - 3450 1750 - 2000 2000 - 2300 4800 - 6000 7000 - 14000 4000 - 6500 5500 - 9000 5400 - 6800 4500 - 6500 3200 - 4000 5500 - 6000 4200 - 5000 4500 - 8000 3800 - 7000 5000 - 7500 3400 - 5500 6500 - 8000 7500 - 10000 8500 - 12000 3000 - 4200 4500 - 6000 3500 - 6000 10000 - 12000 3400 - 4500 5000 - 7000 3500 - 5600 6000 - 8200 6400 - 7500 9000 - 12000 3000 - 4800 5000 - 7500 3500 - 5000 10000 - 13000 3800 - 6500 5400 - 7000 4800 - 5500 5000 - 7800 300 - 550 1500 - 2100 3000 - 4200 4500 - 6000 2500 - 3400 3300 - 4000 1600 - 2900 3000 - 3500 5500 - 7400 6000 - 8000 3000 - 4200 500 - 950 1000 - 1500 1300 - 2200 200 - 350 300 - 600 700 - 1500 1200 - 2500 4500 - 5000 9000 - 10000 2000 - 2500 2400 - 3000 6000 - 7000 6000 - 7000 300 - 450 400 - 600 2000 - 2500 2200 - 3000 4500 - 6500 5500 - 8000 4000 - 5800 5500 - 7000 300 - 800 500 - 1200 1700 - 1900 1800 - 2100 1400 - 2100 1800 - 2500 1500 - 2000 1800 - 3000

S.No

48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70

AREA

Sainik Puri Shaikpet Srisailam Highway RTC ‘X’ Road Patancheru Tolichowki Ghatkesar Tarnaka Madinaguda Kothapet Boduppal Ramanthapur Vidya nagar Bowenpally Prasanthnagar Trimulgherry Suchitra Medchal Kompally Santhosh Nagar Malkajgiri ECIL Lingampally

COMMERCIAL (Rs/sqft)

RESIDENTIAL (Rs/sqft)

2500 - 3000 2800 - 3500 2800 - 3500 4500 - 6500 2200 - 3000 4000 - 6400 2000 - 2600 5000 - 6000 3500 - 4500 3500 - 4500 3000 - 4500 3500 - 4500 6000 - 7000 4000 - 5200 3500 - 4500 4000 - 5400 3500 - 5000 2500 - 3500 3000 - 4500 3500 - 4800 3000 - 4500 3000 - 4200 3000 - 4200

1600 - 2200 2000 - 3000 2500 - 2900 2200 - 2800 1200 - 2000 3500 - 5800 1500 - 2200 2200 - 3000 2500 - 3000 2000 - 2500 2200 - 2600 2800 - 3000 2700 - 5400 2200 - 3400 1900 - 3000 2500 - 3500 2000 - 3500 1500 - 3000 2100 - 3200 2000 - 3500 2000 - 3200 2800 - 3500 2500 - 3500

OPEN LAND

RETAIL (Rs/sqft)

RESIDENTIAL (Rs/sqft)

3200 - 4500 3500 - 4500 2500 - 3000 9000 - 11000 2500 - 3500 6500 - 8400 3000 - 3500 6000 - 6500 4000 - 6000 3500 - 4200 3500 - 5000 3500 - 4600 6500 - 7600 4500 - 6500 6500 - 9500 4500 - 8000 3800 - 6000 2000 - 4000 3500 - 5000 3200 - 5800 4000 - 6000 3500 - 6200 4500 - 6000

1600 - 2800 1800 - 2500 100 - 300 6000 - 7200 100 - 200 1800 - 2700 250 - 500 2800 - 3700 2200 - 3300 2700 - 4500 1200 - 2000 2500 - 3300 4000 - 5200 2800 - 3800 3800 - 4400 2600 - 3500 2300 - 3500 200 - 1500 1500 - 3000 1800 - 3500 2500 - 3500 2200 - 2900 2500 - 3200

COMMERCIAL (Rs/sqft)

2600 - 3500 2300 - 3800 300 - 400 7000 - 7800 180 - 300 2500 - 3500 400 - 750 6000 - 8000 6500 - 8500 8000 - 10000 2200 - 2800 3200 - 3800 8500 - 9000 5000 - 6800 4000 - 7500 3500 - 5500 3800 - 5500 800 - 2000 2500 - 3200 4000 - 6500 3000 - 4500 3500 - 4500 4000 - 5500

BEWARE OF MRP VIOLATIONS

The Legal Metrology department has issued advisory recommending customers to carefully watch Maximum Retail Price (MRP) on ceramic tiles and sanitary ware and allied products. Customers can also lodge a complaint over the toll-free number 1860-425-3333, if they found any shopkeeper violating MRP and demanding excess price. Recently, the department officials raided a shop at Kavadiguda and booked a case against the dealer for collecting an excess amount of Rs.23,595 from a customer David Raj from Chilkalguda.

The advisory of the Legal Metrology Department recommends customers to carefully watch Maximum Retail Price (MRP) on ceramic tiles, sanitary ware and Allied Products before purchasing them as shopkeepers were found to be violating the norms. Planning to purchase ceramic tiles for making the floor look cleaner and glimmer or want to replace the cracked tiles? Then take the experts advice before purchasing material as several dealers were found to be collecting exorbitant charges in violation of norms and taking customers for a ride.

He purchased 17 boxes of branded ceramic tiles each box priced at Rs.2,580 as against its MRP of Rs.1,690. The dealer had even issued a total bill of Rs.46,000. Mr. Raj later requested his friend L. Maheswar Reddy, who is a quality controller in a private ceramics company, to examine the material. Mr. Reddy checked boxes and found that the shopkeeper had duped his friend. Both of them met the dealer and enquired about quality and the price. â&#x20AC;&#x153;We demanded the shop owner to return the additional amount. But he argued with us saying that material was imported from Spain

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

AIR CONDITIONING 45 45 45 45 46 46 46 46 46 46 47 47 47 47 47 47 47 48 48 48 48 48

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: 924741986 Hanumankprasad@gmail.com. PR CONSULTANTS 202, 2nd Floor, SSR Vijetha Complex ( Above TMC Showroom), Dilsukhnagar-5000060 Tel: 9440724614. pr_consultants2002@yahoo.com

GRAFFITI DESIGNS (ARCHITECTURE / INTERIOR DESIGNERS & CONSTRUCTION CONTRACTORS). 3-51101/1B2, 2nd Floor, Lane Opp. YMCA Blood Bank, Narayanguda, Hyderabad - 029. Tel: 040-64590717/9246193717 / 9885455616. design.graffiti@gmail.com

Cool Air Systems H.No: - 12-2-800/402/403, Near PVNR Express Highway, Pillar NO: - 54, Rethi Bowli, Mehdipatnam, Hyd - 28. Tel: 040 - 64551422 / 9246390220. daikindealer@gmail.com. URL: www.daikinindia.com.

BORE WELL CONTRACTORS SEVAK ASSOCIATES H.No. 5-62, Bank Colony, Rly Station Road, Medchal (v) & (M). R.R Dist. 501401. A. P. Tel:9347307793. sevakassociates@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, Ranga Reddy - 501401 Tel: 9848220772 / 9290264610.

ARCHITECTS

COMFORT DESIGNERS Gate No. 3, Shop : 74 & 75, I F/L, HUDA Complex, HMDA, Tarnaka, Sec'bad - 07. Tel: - 040 - 27014435 / 9849253207. comfort_designers@yahoo.co.in URL: www.comfortdesigners.com

Arihant Refrigeration Company Shop No-G-39, Varalaxmi Complex, M.G.Road, Ranigunj, Sec-bad-03, Tel: 27714627.

S.V. CONSTRUCTIONS Engineers, Architects Contractors Construction Plans, Estimations, Permission, Elevations Site Supervision and Surveying. #2-6-28/A/1, Near Pillar No:204, Upparpally, Rajendranagar, Hyd-08. Tel No: 9849280878 / 9247788422. Suri_878@yahoo.co.in

TRKR INFRASTRUCTURES ARCHITECTS, ENGINEERS LAND SURVEYS & CONTRACTORS. H.NO: 4-92/2/A, S-3, 1st Floor, Opp .e-seva, Chandanagar, Hyd - 50. Tel: 9291516445/9553114935. trkrinfrastructures@gmail.com

Twin Cities REAL ESTATE BULLETIN

Bhargavi Borewells Plot No: 16, Radhika Theatre, P J R Colony, ECIL, Hyd-62. Tel:-67271890. Harsha Borewells Road No 6, Sai Baba Temple, Budha Nagar, Uppal, Hyderabad- 39. Tel:- 040-67120358. palliarani@gmail.com

Trikoot Enterprises D . N O . 5 - 5 - 1 0 9 / 2 B , 2 n d F l o o r, H y d r i Complex,Pan Bazar Road, Ranigunj , Secunderabad - 03. Tel:9703710001. info@trikoot.com / anand@trikoot.com

BUILDERS M. M. ALI CONSTRUCTIONS & DESIGNERS 8-2-310/3A/11, Nandi Nagar, Road No. 14, Banjara Hills, Hyderabad. Tel: - 9030005707 / 8801026601. Faizalimohd707@gmail.com.

NEW HABITAT INFRACON (INDIA) PVT. LTD. Beside Praga Tools, Opp. Old Kalpana Theater, Kavadiguda, Hyderabad. Tel:- 9959762277. URL:- habitatinfra.com.

and hence he collected additional charges, citing import duty and other taxes,” Mr. Reddy explained. They immediately lodged a complaint with the Legal Metrology Department officials, who raided the shop and found that the owner was selling the material without adhering to MRP norms. City Assistant Controller, Legal Metrology, P.S.R.N.T Swamy said the shop owner returned the excess amount of Rs.23,595 to the customer. “A notice has been issued to the dealer and action would be initiated accordingly,” Mr. Swamy added.

Water in Secunderabad to be costly Getting a new water connection in Cantonment limits will soon be much costlier. Officials have proposed a higher-than-100 per cent hike in the deposit amount for obtaining new water connections. The proposed increase in deposit amounts for new connections is likely to attract a severe backlash from citizens, particularly flat owners. The deposit amount for a one-inch water connection to apartment buildings is proposed to be increased from the existing Rs. 5,000 per flat (minimum 10 flats will be taken into account) to Rs. 9,000 per flat (minimum of 10 flats will be taken into account). C

S ER VICE

SHASHANK AVENUES PVT LTD Present Project Located in Meerpet-2BHK flats, open Plots, Independent, Duplex Houses. #203, 3rd Floor, Shri Datta Sai Apts, Behind TMC Showroom, Gaddiannaram, Dilsukhnagar, Hyderabad - 36. Tel: 040-66135611 / 66135614 sri@shashankavenuess.com URL: www.shashankavenues. com.

YAS ASSOCIATE All Construction: Farm House Boundaries, Channeling Fencing, All Maintenance work, Plumbing work, Carpanter work, Painter work, Electrical work, Saintrying work, Welding work. H.NO: 11-3-926/2, Opp . Razzak Hardware, New Mallepally, Hyd-28. Tel: 9052300267 / 9346604097. mohd.yasyousuf@gmail.com

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.

C T

Likewise, for houses seeking a half-inch sized water connection, the deposit amount is being hiked from the present Rs. 4,000 plus six month minimum charges to Rs. 8,500 sismonth minimum charges. The proposed hike in water connection charges have to be approved at the Board meeting of the Cantonment. Though there is also a proposal to increase “regularization charges” to regularize the illegal water connections from the present Rs. 10,000 to Rs. 18,000 per connection, the Cantonment Board president Sunil S. Bodhe has expressed apprehension that the regularization process may encourage more illegal connections.

G UIDE

Dyna Elevator Co. Pvt. Ltd. #1-2-597/27/E, Lower Tank Bund Road, Hyderabad-29.Tel:- +91-40-66627189, 9848247197. dynalifts@yahoo.co.in

FIRE PROTECTION Associated Enterprises 5-5-42 43, Ranigunj, Sec-bad-03. Tel :- 040-27714138 / 66385050 ascent1981@yahoo.in.

DIAMOND STEEL & ENGG. CO. Stockists & Dealers : Welding Accessories, Industrial Safety Wears & Fire Fighting Equipments etc. SAFETY : Hand gloves, Aprons, Gum Boots, Helmets, Safety Belts, F/F Masks, Showers, Rope Ladders, Nets, and B.A Sets etc. #5-5-79/G-7, Ground Floor, Sri Srinivasa CommercialComplex, Ranigunj, Sec-bad–03. (A.P). Tel:- 040-66385277, dsec63@rediffmail.com / dsec@in.com

MICARE TECHNO SYSTEMS Invertors , UPS, Generators, Water Purifiers, Projectors & Systems. Lakshmi Towers, 1st Floor, Flat No.103, Anjeneya Nagar, Moosapet, Hyderabad. Tel :-8885545019. harsharitish@gmail.com. S.V. R AGENCIES #1-7-659/A/1, Ramnagar, Hyderabad -20. Tel: 9949273555 / 9391015105 svr_dg@yahoo.com. URL: svragencies.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.

HOTELS

ELECTRICAL CONTRACTORS PG Power System Pvt. Ltd. Plot No.28-9-8/6, Suryabagh, Hyderabad. Tel: 8912550031. pgpowersystem@gmail.com

Safetech Fire Safety Engineers 16-2-705/b, Malakpet, Hyderabad-36. Tel : 9000716077 / 040-64566101. safeZone2020@gmail.com.

PREMIER ELECTRICAL & SELF CHARGING WINDING WORK S. No: 7 Buddha Bhavanam, MCH Complex, Ground Floor, "A" Block , M.G. Road, Sec-bad - 03. Tel: 040-64513729 / 9177379092.

Teclogsys Plot No:28, D.No.8-69/18, Padmalaya Enclave, Dwaraknagar, Uppal, Hyderabad. Tel:- 040-64560009.

ELEVATORS

GENERATOR

BECCUN RESTAURANT& RESORTS We are Specialized in Outdoor, Catering & Banquet best & Reasonal Rates for Birthday/Cocktail & Anniversary Parties etc., Opp. Old MLA Quarters, Hyderguda, Hyderabad - 500029. Tel: 9494541600 / 9866430107. beccuhotel@gmail.com. URL:www.hotelbeccun.com.

HOUSING FINANCE

Celcius Systems #101, 1 Floor, Mahalaxmi Enclave, Plot No:78/79, Syndicate Bank Colony, West Marredpally, Sec-bad - 26. Tel:040-65912862 / 9848448811. celciushot@yahoo.com

Aquarius Financial Services 301, Navaratna Encl, 2-1-513/6, Nallakunta, Hyderabad-044. Tel:- 040-65547760.

MARCO POWER 511 Srinilaya Estate , 8-3-945, Ameerpet , Hyderabad – 73. Tel:-666223941, 9391018487. marcopower1@ymail.com URL:- www.hyderabadmarcopower.com.

Twin Cities REAL ESTATE BULLETIN

GSR Wealth Management Flat No. 105, Sai Ranga Bhaskar’s Residency, Opp. St. Martins School, Hyderabad 049. Tel:- 8008885859

REAL ESTATE WEB APPLICATION PROTAL Offering a comprehensive range of services and solutions for residential, commercial, urban and rural properties, property management services, 'www.propiedad.co.in', a real estate web application portal was launched in the city. According to a press release issued here, the portal acts like a marketplace where everyone related directly or indirectly to the real estate including agents, sellers, buyers, investors, property advisors can meet-sharesearch on a common platform.

The application launched by Sitosys eMedia Pvt. Ltd has been developed on .NET technology platform with various features like Interoperability, Common Language Runtime Engine and Security. Several real estate players such as PBEL, Aliens Group, Ramky Group, Sampada Homes, Awicon, Incor Infrastructure, Sri Nilaya Constructions, Bricks and Stones and Sri Sri Group were already on board, the release said. Vijay Kashyap Reddy, Managing Director, Sitosys eMedia said that the two most common business models Propiedad property portal C

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INTERIOR DESIGN

Aishwarya Interiors and Consultants MIG-646, Phase-III, Near Temple Bus Stop, KPHB Colony, Kukatpally, Hyderabad -72. Tel: 9700121241 / 9866336246. mail2venky1995@gmail.com ELITE INTERIORS Furniture & Furnishings. #6-3-852/4/A, Near Lal Bungalow, Opp: - Syndicate Bank, Ameerpet. Hyderabad - 16. Tel: 040-66831415 / 40182530/ 64548487 / 64548480.

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were the subscription model, which charges agents and brokerages on a per-listing or perlisting feed basis and the free-to-list, pay-toupgrade model. “Alongside these, there is also free-to-list provision that would generate revenue by selling products such as on-site advertising,” he said. Over the next two months, properties in Warangal, Visakapatnam, Tirupati, Kurnool, Rajahmundry and Vijayawada would also be featured on Propiedad and by July 2013, major cities like Bengaluru, Chennai and Kochi would

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LAND SURVEYORS N&N Engineering Associates Flat No: 104,2nd Floor, Beside YMCA Grounds, Laxmi Nilayam, Narayanguda, Hyderabad-29. Tel:- 04067116066.

The Academy Of Quantity Surveyors Mujaddy Estates, 2nd Floor, F.No. 207, Above Prince Hotel, Mehdipatnam, Hyderabad. Tel: 040-64555331 / 9885557711.

MODEL MAKERS

HASAN AND COMPANY Architectural, Interior and Real Estate, Plot Available on EMI near Shad Nagar, at reasonable price. THE CITYAWAITS YOU HURRYAND BOOK YOUR PLOT NOW. Tel: 9700778929. mohammed_aziz@rediffmail.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.

Hi Tech Models 8-2-293 A22, Indira Nagar, Main Road, Hyderabad. Tel:- 09849034657 /27627405 Khushnuma Decors # 302, 3rd Floor, Babukhan Estate, Basheer Bagh, Hyderabad. Tel: 9849447460. MEGA INTERIORS D- 15, 1st Floor, Maheshwari Towers, Opp- Music World, Road No . 1, Banjara Hills, Hyderabad-34.Tel: 9396559453 / 7702950734. mujtaba_malik53@yahoo.com.

PAINTING CONTRACTORS

Mayuri Painting Work #3-3-591, Chappal Bazar, Kachiguda, Hyderabad. Tel:- 9160039907

PEST CONTROL PRA INTERIORS Lakshmi Complex Main Road, Shop No. 30, 31, 32, Erragadda, Hyderabad – 18, Tel : 040-64545543, 9700066674. info@prainteriors.com.

LANDSCAPE ARCHITECT Academy of const.technology .com 205/B,S. R.Nagar, Ameerpet, Hyderabad -38. Tel: 9032362436. Ajit Verma Flat No: 15028, Janapriya Utopia, Hyderguda, Attapur, Hyderabad - 64. Tel: 09849028687. artvision_in@yahoo.com. Conifer 190,Phase-II, Kamalapuri Colony, Hyd - 73. Tel: 04023545488. sharath@conifer.co.in.

Freedom Pest Control #1-8-472/1, Near Balaji Temple, Chikadpally, Hyderabad-20. Tel: 9866417371. Mega Pest Control 14-20-677/172, Plot No. 172, Sri Vivekananda Nagar, Jagapati Hills, Madhapur, Hyd-18. Tel: 040-23838287.

Specialized in Independent, Duplex, Row Houses.Venture Developers Prime Plot / Land Sale & Purchase 9-1-159/3, II Floor, ‘Gomez Building’, Sebastian Road, Secunderabad-03. Tel: 7799543245 / 9666606737 / 040-27700039 needbuilders9@gmail.com, gracce9@gmail.com.

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

REAL ESTATE

SHATHABDI TOWNSHIP PVT. LTD. 3-5-356, 2nd Floor, Jai Bhavani Towers, Vittalwadi ‘X’ Road,Narayanaguda,Hyd-29. Tel:9912156888. ksrinivasreddy888@yahoo.com.

Housing Developer, Auto Consultant, Alta Project By Boom City@Shad Nagar. #12-2709/C/221, Ground Floor, Padmanabha Nagar, Mehdipatnam Ring Road, Pillar No: 57, Hyderabad - 28. Tel:- 040-64543531 / 32 /9848992719. info@altagroups.com. www.altagroups.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 - 500 036. Tel: 040-66135611 / 66135614. sri@shashankavenues.com URL: www.shashankavenues. com

Twin Cities REAL ESTATE BULLETIN

also be covered, he said. The portal promises hassle-free browsing, effective resources and tools to help properties buyers to search in the local listings as well as the long distance logins and space for the realty industry related users and professionals. “The site will be updated on daily basis. The ease of use with a combination of competitive subscription rates will give a better service with a better experience for a better price,” added Mr. Reddy.

HEAVY DUTY WATER TREATMENT PLANT LAUNCHED An advanced technology water treatment plant that works on reverse osmosis and is useful for entire water needs of a home, from drinking to cooking and bathing, has been launched by Shivsu Canadian Clear International. Rugged According to a press release issued here, the plant heavy duty and rugged in design and suited for pure water supply to single households, apartments, bunglows, villas, schools, colleges, community centres and even townships. Residents of apartments and townships can opt for supply through a metered system to the tap connections of their choice. C

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The operation of the plant has been described as easy, just demanding the on and off operation of the switch. The water for purification would be automatically drawn from sump or collection tank and high performance filters with superior quality membranes remove the physical impurities and even the dissolved chemicals like calcium, magnesium, chloride, etc., the company sais. The purified water gets sent to overhead tank and rejected water can be used for gardening. The product available in capacities of 250, 500 and 1,000 litres/hour of Rs.1.25 lakh to Rs.2.50 lakh, the release add.

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VASTHU SRI BHARGAVI AVENUES INDIA PVT. LTD. H.No. 3-11-132, Ist Floor, Opp. Big Bazar, RTC Colony, L.B. Nagar, Hyd. Tel: 9247769833.

LAXTEK SECURITY SOLUTIONS PVT. LTD. Super Stockist for Micro Retail Limited MIG 7/3, First Floor, 3rd Phase, KPHB Colony, Kukatpally, Hyderabad-72. Tel: 040-64559424 / 9676699424. rao.penke@laxteksecurity.com. URL: www.laxteksecurity.com.

STRUCTURAL ENGINEERS SUPER GOOD ESTATES 17-85/C/106/5 & 6, 2nd Floor, Annapurna Complex, Dilsuknagar Main Road, Hyd-60. Venture at N.H # 9, Near Ramoji Film City, Nerepally Village, Ibrahimpatnam Mandal, Tel: 040-66313455/9700778778.

SUVARNA BHUVI DEVELOPERS F-203, H.No: 7-1-201 to 207,2nd Floor, K.V.R. Enclave, Beside Satyam Theatre, Ameerpet, Hyd-16.Tel: 9701207778 / 9000590595.gsaikrishnareddy@gmail.com.

SECURITY SYSTEMS KNIGHT TECHNOLOGIES # P.NO. 11, 1st Floor, Public Sector Colony, New Bowenpally, Sec-bad-11. Tel:- 32992160,/ 9948679045. info@knighttechnologies.in. URL: www.knighttechnologies.in

PYRAMID VAASTU Interior Designer & Pyravastu Expert 5-4-187/7/3, MG. Road, Secunderabad-03. Tel: 9885175458. kkadakia.n@gmail.com. SRI SAI VASTHU CONSULTANCY 3-2-4, Kingsway, R.P. Road, Secunderabad-03 Tel: 9885446501/9885449458. danthurivaastu@rediffmail.com

VENETIAN BLINDS / VERTICAL BLINDS B.E. REDDY & ASSOCIATES Structural / Civil / Chartered Engineers, Town Planners Architectural Consultants & regd, Valuers & Survey & Loss Assessors. Approved Valuer For SBI, Canara Bank. Off: #105. 1st Floor, YMCA Complex, SP Road, Sec-bad-03. Tel:- 040-27800008, 9848441307.

A. B. Q. CONSULTANTS Engineers Planners Valuers Software Developers & Structural Engineer. 12-2-826/2, Royal Residency, F.No: 503 A, Near AmbaTalkies, Mehdipatnam, Hyderabad 500028. Tel: 9959010210 / 9959010211. abquadri@yahoo.com. URL :-www.abqconsultants.com RIMM Engineering Constructions Pvt Ltd #8-2-618/2/2/C/2, 2nd Fl, R.K. Residency, Road No.11, Banjara Hills, Hyd-34. Tel:23339900 / 9989593900. rashid@rimmec.com

Twin Cities REAL ESTATE BULLETIN

Drapes N More 4-1-969/1/2, 1st Floor, Shankarlal Building, Abids, Hyderabad -01, Tel:-09848022900.

WIRE MESH Andhra Expanded Metal Mfg.co B-25, Industrial Estate, Sanath Nagar, Hyderabad - 18.Tel : 23706906 / 8008314314.

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, Hyderabad - 500 018. Company Add : # 7-2-5/D/2, Beside Dena Bank, Sanathnagar Industrial Estate, Hyd -18. Te l : 0 4 0 - 6 6 4 9 3 5 3 9 / 9 8 8 5 2 2 7 0 2 0 . famouswirenettingworks@yahoo.in

They comprise almost all amenities that one can think of, right from modular kitchens to puja rooms, to intercoms to television sets, fullfledged security and water supply and other such facilities. Puja Malhan, a resident of Banjara Hills, says, “penthouses are comfortable even for those who want to keep pets. Besides, it gives children ample space to play and one can just sit outside in the garden and sip tea or enjoy any other activity.” Unlike in the case of flats or apartments, penthouses usually come fully furnished. Most agents or owners will tell you that all you need to bring is a briefcase, everything is set up. Costs for renting penthouses vary greatly and

For those who love luxury Penthouses comprise almost all amenities that one can think of, right from modular kitchens to puja rooms, to intercoms to television sets, full-fledged security and water supply and other such facilities and cater to a very niche segment. Penthouses a common term in the world of the steadily gaining popularity despite the rising rental and sale costs. Characterized by large that one can light a fire in the winter, plan barbecues or even set up a kitchen garden, penthouses are part of the luxury segment and therefore have a very different clientele.

are in proportion to the luxury elements provided. For instance, a fully furnished penthouse could cost a monthly rental of anywhere from about Rs.30,000 to Rs.20,000. On M.G. Road, a penthouse of 1,500-2,000 square feet would be available for around Rs.30,000 while one spread over 2,000 square feet at Jubilee Hills comes at an exorbitant Rs.1,60,000. A penthouse of more or less the same area would cost around Rs.60,000 in Mehdipatnam. In Banjara Hills, a 1500-2000 square feet penthouse would come at a monthly price of Rs.45,000. Due to such sleep prices, penthouses often remain vacant for months together. Getting a

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

BRICKS 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00

ALUMINIUM

ALUMINIUM ENTERPRISES Adding Value Through Quality Product. #5-1-6, R.P Road Secunderabad - 500 003. Tel:040-66383001 / 9849007272. aluminiumenterprises@gmail.com.

November 2012

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, Sec’bad - 3. Tel: 040-27705692 / 9246531860 / 9391012900. houseofaluminium@gmail.com.

VENKATA CHALAPATHY TRADERS WHOLESALE IN ALLALUMINIUM PROFILES H.NO: 6-3-351, Timber Depot No. 18, New Bhoiguda, Near Bharat Petrol Pump, Sec-bad-03. Tel: 040-65140465 / 9248007630.

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, Te l : - 0 4 0 - 3 2 9 5 2 7 8 9 / 9 8 4 9 0 1 4 7 8 5 . aluminium.unique@yahoo.com.

WAZEER ALUMINIUM PRODUCTS Mfr. of All Types of Industrial & Domestic Ladders & Climbing Systems. # 25-40/15, East Anand Bagh, Hyderabad- 47. Tel: 040 - 64539733, 9246849734. wazeeraluminiumproducts2000@yahoo.com

Twin Cities REAL ESTATE BULLETIN

Eco-care Building Prodcuts (p).ltd. Plot No: 539, Vivekanandanagar Colony, Kukatpally, Hyderabad-72. Tel:- 8008498345 /23066396, vijay@ecocaredp.com. Maha Lakshmi Concrete Products Sy. No. 41, Bolaram, Miyapur, Via Kazipally Medak Dist, Hyderabad. Tel:- 09885856810.

CABLES, ELECTRICALS

Sabari Enterprises #5-2-12, G.F. Plot No 119, Opp. Jabbar Complex, Hyderbasti, Sec. Tel :- 66901033.

CEMENT DEALERS & MANUFACTURERS Abdul Sattar Abdul Gani 5-6-312/327, Aghapura Hyderabad-01. Tel:- 9849522237 / 040-24803432.

DIVYANI MARKETING Dealers in : Steel & Cements Plot No: 2-2-137, Jeedimetla Village Bus Stop, Opp-Bharat Petrol Pump, Medchal Road, Secunderabad. Tel: 040-64562700 / 9246559979. divyanimarketing@gmail.com.

CERAMICS & SANITATION HEMANTH ENTERPRISES Exclusive Bath Concepts. #5-2-157, Rashtrapathi Road, Secunderabad -5000 03. Tel: 040-27540198, 66322244. hemant_hemantenterprises@yahoo.com. MAHALAXMI Door No. 8-3-858, Yellareddyguda, Ameerpet. Hyderabad-73.Tel: 9966553786

tenant willing to shell out such a price is often an arduous task. “For those who are skeptical about the summer months (given that penthouses are usually on the terrace or topmost floors), a range of options are available,” says Amer Akber, a resident of Masab Tank, who owns a penthouse. “For one, most penthouses have several windows, so opening all of them to facilitate cross-ventilation is one option. Secondly, a green canopy can be put on top of the penthouse, the kind that is used in greenhouses and nurseries so that it radiates the light and allows only partial sunlight to filter in. And thirdly, because penthouses are part of the luxury

segment, most owners would be able to afford air-conditioners or air-coolers. Alternately, there's also the option of false ceilings,” he elaborates. Rituparna sur, who lives in a penthouse in Gachibowli says, “I don't mind the summers at all. I get an incredibly good view of the sky and I am happy with that”. Some penthouses are also given out for commercial use especially to start-up organizations that are either low on capital or urgently need a plot to commence business. For those who love luxury, a penthouse is the best opinion albeit not always viable.

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LABYRINTH AS LANDSCAPE ELEMENT GETS POPULAR Despite the financial crisis, the demand for luxury housing has been growing and occupancy rates have increased over the last few years. When the going sets tough, the rich get going by increasingly buying luxury housing. Despite the financial crisis, the demand the luxury housing has been gradually growing and occupancy rates have increased over the last few years. That this should be so despite an overall sluggishness in the real estate sector might

PRODUCTS GUIDE

SHANTI MARBLES Distributors Stockist & Dealers. # 8-3-217/16/M, Opp HUDA Complex, Ameerpet, Hyderabad-38. Tel:- 9849388631. shanti_marbles@yahoo.co.in.

PRITHVI WOOD DOORS Plot No.265, Public Sector Colony, New Bowenpally, Sec-bad - 11. Tel- 040-27750511, 27753156. Fax:- 27953395. Mob:-9346316561, 9949094690. Global_pwd@hotmail.com, info@prithvidoors.com Web: www.prithviwooddoors.com

CONSTRUCTION CHEMICALS

Bhashyam Water Proofing Solutions 11-3-357/10, Ist Floor, Shahbazguda, Parsigutta, Near Dhanlaxmi Traders, Hyderabad-500020. Tel: 9441302760 / 98 66734670. bhashyamtechnology@rediffmail.com. Harikarthika Engineering Company 1-8-522/1,Opp. Chandana Bros Lane, Chikadpally, Hyderabad-20, Tel:-27663206 / 9849155533, info@harikarthika.com

DOORS & WINDOWS >> 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, Hyderabad- 55. Tel- 040-27750511, 27753156. Fax - 040-27953395. Mob-9346316561, 9000994554, 9949094690 global_pwd@hotmail.com

Green Home Solution Plot No: 6, Survey No:337, IDA, Bollaram Road, Bachupally, Hyderabad - 090.Tel: 9676205556 / 9441544543. deepak@greenhomesolution.in URL: ww.greenhomesolution.in

SAI SRINIVASA WOOD DOORS Dealers in: Indian Teak, African Teak, Sal Wood, Readymade Doors, Windows & Carpentary Works. Plot No: - 4, Bharath Petrol Bunk, New Bowenpally, Hyderabad - 11. Tel: 8801528629. saisrinivasawooddoors@gmail.com.

VINTAGE MOULDED DOORS Traders & Manufacturing Timbers. # 66, S.No. 1 & 2, Ground Flr, Mamathanagar, Nr Nagole ‘X’ Rd, Hyderabad-068. Tel: 9908590493 / 9705704090 / 8985042514. vintagedoors@hotmail.com

FABRICATIONS, GATE/GRILLS, ROLLING SHUTTERS Babu Jani Fabrication Work Work Shop 786:8-2-686/1, Resham Bagh, Inside Kaman, Back side ICICI Bank, Road No.12, BanjaraHills, Hyderabad-500 0034. Tel:9391056113 / 8096241127.

Harika Engineering Industries Survey No: 201/2, Plot No: 61, Tarbund, Secunderabad - 03.Tel: 9666660229. SEKHAR ALLUMINIUAM FABRICATON 1-1-21-31/4A, Ram Naresh Nagar, Near Community Hall, Hyder nagar, Kukatpally, Hyderabad-500072. Tel: 9849219587.

FLOOR CARPETS Alko Trading Co. Shop No: 5-1-1013, New Pather Masjid, Gowliguda, Hyd – 12.Tel : 040-24747909.

Twin Cities REAL ESTATE BULLETIN

Flooring Concepts 8-4-549/ 266, Netaji Nagar, Near A.G. Colony, Erragadda, Hyderabad-018. Tel: 9505039312. flooringconcepts2004@gmail.com

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. 9014840678 / 9346842563.

MANSA OFFICE SYSTEMS 4-1-889/20 & 21, Beside Water Tank, Tilak Road, Abids, Hyderabad - 500001. Tel: 9246533807 / 9246335341 TAWAKKAL TRADERS (We purchase Office, House,Hotel, Hostel, Furniture & A.C.Generatores, Geyeser, Computors Etc., all kinds of Dismantling Goods like door & windows etc., Opp: Diamond Hotel , Near Ek Minar Masjid Nampally, Hyderabad- 01. Tel:9948699466 / 9849177941

GLASS Asian Glass Centre 1-4-927, Opp- Rolex Café, Bakaram, Masheerabad, Hyderabad -20. Tel: 9704353883 / 27663883.

D.G. Domestic Glass #5-6-171/1,Aghapura,Hyd. Tel:-65525286. Domesticglass@yahoo.com. DIAMOND POINT GlASS H.no. 12-1-486/A/132/A, Kishan Nagar, Asif Nagar, Hyderabad - 500067. Tel: 9949156252 / 9652180823. Nisa Glass Center #1-3-379/182, SRT-58, Ashoknagar Exten, Victoria Café Lane, Jawahar Nagar, Hyderabad Tel: 9347828280 / 040-27608282.

November 2012

seem like a contradiction, but growing income levels, a steady influx of non-resident Indians since 2008, and the recent fall in the value of the rupee all seem to be the immediate driving factors. The World Health Report 2010 points out that there are around 1.53 lakh high net worth individuals in India, whose numbers are only growing. “Customers can increasingly afford units in the higher segment. Today, people buy small apartments at the age of 26 or 27 and by the time at luxury homes. Global trends also play a big factor: the average customer has been abroad and has seen what is available and

wants it here as well,” says M. Arun Kumar, founder & managing director, Casa Grande. “Combine this with double-income families. You have the segment broadening and luxury villa communities becoming popular.” Today, the value of luxury projects launched between 2008 and 2012 has reached slightly over $30 billion, with the number of unsold units coming down to about 7 per cent. The last four years have also seen Chennai grow to take a 10 percent share of the total number of high-end projects being launched across the country. Delhi(NCR) leads the market with a 40 percent share. Developers are also trying sweeteners to C

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attract buyers for instance, expensive cars offered with high-end property deals. In Gurgoan, there is now the Michael Schumacher world Champion Tower, launched recently by the man himself, dubbed “The Grand Prix of Living”. Kumar speaks of what these freebies mean t o p r o s p e c t i v e b u y e r s . “ Yo u c a n ' t underestimate the aspirational factor. It's the biggest investment most people make.” Other deals include pre-fitted air-conditioners, automated security systems and modular kitchens. However, it's like an arms race high-end

PRODUCTS GUIDE

GRANITES, MARBLES Aditya Enterprises P.No.3, SRT-127, Sanath Nagar, Hyd-15. Tel:- 9948191126.

CHARBHUJA MARBLES # Flat No: 12,Mamtha Nagar, Ring Road, Nagole, Hyd-39. Tel:9394075853. Shiva Marbles & Granite Muzamjahi Market, Opp. Parkash Petrol pump, Heena Bakery, Hyderabad. Tel:- 9885984678.

HARDWARE, TOOLS

IRON & STEEL >>SS STEEL

HST STEELS PVT. LTD. Plot.No: 40/A, IDA, Balanagar, Hyderabad-37. Tel: 040-23720174 / 9396814473. URL: www.hststeels.com.

DHARNIDHAR METALS All types of S.S. Fabrication Works. 10-11-62/3, Fathenagar Main Road, Hyderabad-018. Tel: 040-66208699 / 9948541639 / 9248058699 dharnidharmetals@gmail.com.

Pooja Steel Enterprises 5-1-379-380, Old Ghasmandi, Near A.P. Tourism, Ranigunj, Sec-bad-03. Tel:- 09440601776 .

PLATFORM TROLLEYS Pioneer Industrial Fabrication 4-20/5 E.C Nagar, Main Road, Near Railway Station, Charlapally, Hyd-51. Tel:- 040-65641782. info@pioneerfabs.com.

PLYWOOD, TIMBERS

MATERIAL SUPPLY ALADDIN TRADERS Cement, Hardware, Sanitary, GI Fittings, PVC Fittings, Electricals, Tools, Bathroom Fitting, Tiles, Final Fitting & Many More. Aruna Colony, Masjid-E-Mohammedia, Tolichowki - 7 Tombs Road, Opp. Proagro Seeds Company Pvt. Ltd.,Hyderabad. Tel: - 040 - 32003261 / 9391230875.

Hyderabad Sales Agencies 5-9-226/4, Chirag Ali Lane, Opp. Development Corporatiion Bank, Hyd-01.Tel:-23201386. K.G..N. S. BUILDING MATERIAL SUPPLIER 18-1-510/5/A, Opp. Abubakar, Masjid, Phool Bagh, Chandra yangutta, Hyderabad-05. Tel:-9392400636, 9392401636.

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, hyd-79. Tel:040-65555670 / 9700971304 / 9032326488. ddpatelphs@gmail.com

MODULAR KITCHENS Ashok Hardware & Plywood 17-1-197/1/2, I.S. Sadan Road, Saidabad, Hyderabad-59. Tel: 9885083958 / 040-65408685.

ADHUNIK DESIGNERS Plat no.792, (Above 5th Avenue Bakers Defense colony),Sainikpuri,Sec-bad-94.Tel:9849606217

PAINTS 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: 040-64586215/9177373552/9966374052 URL: www.cedarindia.com.

November 2012

BHARAT PLY ZONE D.No. 7-1-237/2, Near Yellama Temple, Balkampet, Hyderabad-016. Tel:040-65511155 / 9550362630. Blueappleplywood@gmail.com

Bindu Paints @ Chemicals P.No. 565, Padma Nagar, Phase II, Chintal, Hyderabad-55. Tel:- 09440945990 D.N. Paints 11-5-77, Opp. Muthyalamma Temple, Bazarghat ‘X’ Road, Hyd-4. Tel:-040-65571590

PIPES & FITTINGS Excel Tube Corporation 204, Anaya Complex, II Floor, Hill Street, Sec-bad-03. Tel:- 09848098485.

Twin Cities REAL ESTATE BULLETIN

J.B. SON'S GROUP TM ADHESIVE JOYBEES DECORATION Dealers for : Joybees Decorative Laminates Sim Ply MR/BWP/BWR/Flexiply /Oxy Ply MR/Gurjan/ Royal Bond Adhesive. Off: 5-6-172/1,New Aghapura, Nr. Charkhandil, Hyderabad - 1. Tel: 9000353578 / 8686921888, Fax: 040-24805578. Info@jb4group.com. URL: www.jb4group.com.

apartment sellers have to constantly upgrade to trump the competition. Swimming pools and club houses no longer excite, and even golf courses have become expected. Several other add-ons have popped up such as rock-climbing walls, Jacuzzis, integrated business centres, concierge desks and home elevators, to name a few. Add to this Singapore and US-style apartments, Spanish haciendas, and homes that look like plus hotels and you'll know what we mean. These homes also pay a lot of attention to details like plumbing, kitchen fittings and interior décor. “Luxury housing is all about delivering an

international living experience that brings together top-notch building quality, world-class amenities, and impeccable attention to detail,” says Jittu Virwani, chairman and managing director, Embassy Group. The basic price tag, says Virwani, ranges any where from Rs. 1 crore per unit. “White in some cases it can get higher, we stick within that band. Our luxury condominiums at Hebbal start at Rs.3 crore while the Embassy Boulevard is Rs.5 crore upwards. Highend apartments that are slightly cheaper begin at Rs.1.7crore,” he adds. The tag varies significantly between Northe and South India. In Mumbai, for example, a unit is C

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called 'luxury' only if it costs at least Rs. 5 crore. In Chennai, however, the majority of luxury housing is in the Rs.1-2 crore range. Despite dismal times, this segment will continue to thrive-if only because the segment has been seriously under serviced so far. “The fourth quarter usually sees increased activity, with NRIs coming in to take investment decisions. The supply is opening up now because developers have realized that with input costs rising, they can add more amenities and launch luxury projects instead of mid-income ones,” says Ashutosh Limaye, Head-Research and RIES, Jones Lang LaSalle India.

PRODUCTS GUIDE SAYEED BROTHERS 24 & 25, Inside Dewan Devdi, Salarjung Market, Dewan Devdi, Hyderabad - 02. Tel :+(91)-40-67116407. sayeedbrs@rediffmail.com.

SHREE HANUMAN ENTERPRISES Plywood, Venior & Hardware # 11-1-268, Aghapura X Road, Opp. Syndicate Bank, Near Jain Mandir, Hyderabad - 01. Tel: 040-64536885 / 9494630639 mahaveer_interior@yahoo.com.

SHREE MAHIMA MARKETING Specialist in: Densified Shuttering Plywood, LVL Runner, Wood, Timber & Binding Wire, Nails. B.O: 5-5-57/3, Ramesh Oil Mill Compound, Darusalam, Hyderabad. Tel: - 9030963341 / 9321155841. mahimagv@yahoo.in.

SREE RAMAKRISHNA TIMBER DEPOT # 8-3-322, Mumbai Road, Ameerpet, Hyderabad-500073. Tel:- 040-23733070 / 9885512131. srktd1964@gmail.com

SREE VIJAY LAKSHMI TRADERS Mfrs.: Membrane Doors, Plain Doors. Dealers In: Plywood, Hardware, Flush Doors, Laminate Doors, Beadings, Veneers & MDF. Plat No.123, OPP. Andhra Bank, Gayatri Nagar, 'X' Road Karmanghat, Hyderabad-79. Tel: 040-64504621 / 9908691111 / 9000003574 srivijaylakshmi@gmail.com

PRE-FAB STRUCTURES

SOLAR SYSTEM 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, Secbad - 009. Tel: 040-40068726 /9298112211. nmrprefabs@gmail.com Www.nmrprefabs.com

PUMPS

ADITHYA SOLAR ENERGY SYSTEMS Mfrs. of. SPV,LED & THERMAL SYSTEMS Solar Inverters, Solar Streetlights ,Solar Powerpacks, Solar Water Heaters, Solar Home Light, Solar Fencing-Lanterns, Solar Led Lights, Solar Garden Lights, Solar Signals, Solar Led Blinkers. 209, 1st Floor, Meghana Complex, Opp: Andhra Bank, Balanagar, Hyderabad 037. Tel: 9966139777 / 9966139333

TARPAULIN

Ellen Pumps 7-3-177/A, Ghasmandi, Secunderabad-003 Tel: 040-27705967 / 9490755585. ellensecunderabad@yahoo.co.in

READYMIX CONCRETE Charminar Concrete Products Pvt. Ltd. P. No. A-28/1/B-1, Road No.15, IDA, Nacharam, Hyderabad-39. Tel:- 09866231247 / Jaidhar Ready Mix Concrete P.No.37, HACP Colon, Vikrampuri Colony, Karkhana, Sec-bad-09. Tel:- 09000360555.

Maheshwari Exterior #1-2-599, Reliance Mansion, Besides H.P. Petrol Station, Indira Park Road, Hyderabad-80. Tel:- 040-66664135/ 9393993033. STAR SAW MILL We Supply Neem, Babul &Jamoon Wood Mfrs. Door Frames &Windows Frames. S.NO: 2-3692/K/17, Opp. Hotel Shivanand, Ali Café ‘X’ Road, New Durga Nagar, Amberpet, Hyderabad-13. Tel:-9399947181 / 9391116420.

Maruti Steel Fab # 8-2-677/A/3/1, 2nd Floor, Banjara Plaza Building, Rd No. 12, Banjara Hills, Hyd-34. Tel :-040-23386999 / 9700069999.

SCAFFOLDING Gesture Composite Tech 13-6-185/A/13, Mogal Nagar, Near Saba Hotel, Mogal-Ka- Nala Ring Road, Karwan, Hyderabad. Tel: 040-23510906.

Twin Cities REAL ESTATE BULLETIN

Indian Tarpaulin 186/D, Plassy Lane, Beside Classic Dhaba, Bowenpally, Hyderabad - 11. Tel: 040-66048169. New Mysore Nandi Tarpaulins Co. 5-5-102/1, 1st Floor, Anasuya Arcade, Ranigunj, Sec-bad-003. Tel: 040-27702661.

WATER HEATERS, WATER TREATMENT PLANT Shri Shakti Alternative Energy Limited Flat No:8, Balanagar, Hyderabad - 36. Tel: 040-23770511.

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 / 040-65264118. universal.chemicals@yahoo.co.in. URL: www.universalchemicals.co.in

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