4,000/-
From the Editor’s Desk
A Long way to G(o)row Property shows are lined up in the city indicating the revival in Hyderabad real estate market with the formation of the separate state of Telangana from Andhra Pradesh, and the city of Hyderabad being the joint capital for the next 10 years. If a stable government is established after 2014 elections, the property prices in Hyderabad are likely to go up by 15 per cent according to the industry experts who participated in a series of panel discussions at CREDAI Hyderabad Property Show. The general elections this year are very crucial and the voters should differentiate the leaders who could maintain the standards and the politicians who use double standards. Many political parties are mushrooming these days with a mindset of making money through illegal means, though their manifesto shows Social Justice, Anti Corruption, Inclusive Growth, blah blah blah. Previously celebrities are invited into politics but now they are intruded for their own monetary gains. Everyone who is interested in earning early affluence choose politics as a platform. Unfortunately it resulted in a state where public lost faith in democracy. They must know the fact that wealth grows gradually and there is no short cut to success. Anything achieved step by step lasts longer. This month cover story says about how to make more money from real estate. Truly there is a lot of scope to raise funds from this sector but the stake holders should make wise and in-time investment decisions. Real Estate Bulletin is always ahead in unfolding the realty world to its readers. Foreseeing the present industry outlook, it stands firm in the slogan “This is the best time to invest in Brand Hyderabad� as it is going forward to become an international destination and growing further as a multi cultural hub, which cannot be stopped or reduced by any force on the earth.
This Ugadi own a Happy Home in Hyderabad.
Sarath.N Associate Editor E-mail: editor@estatebulletin.in
24
51
S. AHSAN HONORARY EDITOR & CHAIRMAN
S. TARUJ EDITOR – IN – CHIEF
AMBIKA BURMAN CHIEF EXECUTIVE OFFICER N. SARATH ASSOCIATE EDITOR DESIGN S. NAVEEN - Graphic Designer P.S. VASHISHTA - Project Manager (Web & e-Press)
Registrar of Newspapers for India Regd No. 52787/1991 Postal Regd No.HD/1168/2012-14 Date of Publication 1st March - 2014
08 New Construction Projects
A.Z. AMSTAR MEDIA PVT. LTD
13 New Development Projects
ADMN. Off: #3-6-278, 1st Floor, 104B, Thomas Prabhu Reliance Complex, Himayathnagar, Hyderabad-29. Ph : 040 - 3100 0815, 90106 83802. E-Mail:-info@amstar.cc, URL :- www.estatebulletin.in. Edited, Printed & Published by Sri Syed Taruj Ahmed and at #3-5-213, Himayathnagar, Hyderabad - 500 029. All care and due diligence have been carried out with regard to authenticity of information and correctness of language and if any information or language does not appear to be correct, it may be construed as a human error by the pure sight of overlook and not intentional. The opinions expressed in various article do not necessarily reflect the views or policy of the Publishers or the
Editor and individual authors and contributors are responsible for their views.Writers, Columnists and Critics, Professional or amateur may sent their write-ups suitable for Publication. The Editor reserves the right to publish or reject it altogether without assigning any reason whatsoever. Moreover the publisher does not assume responsibility for unsolicited manuscripts.
14 Home Loan Interest Rates 16 Land & Build Up Rates 18 News 54 Current Market Rates 55 Service Guide 58 Products Guide
R E G U L A R S
21
37
CONTENTS Mar- 2014| Volume-XXII | Issue - 08
21 BELIEFS Vastu for better living
37 Intelligent Buy Growing Demand for Commercial Properies
24 COVER STORY Make more money from real estate
40 Environment Healthy Homes
58 REPORT 29 Mother of all property shows
45 Housing Small House plans fit Big Dreams
33 PROJECT Lotus Roldana
48 Investment Gyan Investment in Luxury Properties
34 Special Report Housing Start up Index Launched
51 Building Technicals Sand for Construction works
35 Legal Gyan All About stamp Duty
REGULARS ALIENS SPACE STATION 1
NEW CONSTRUCTION PROJECTS S.H.I
P
ROPERTY OINT
Contact : 90106 83802
PRANEETH PRANAV COUNTY
Builder: Praneeth Developers Office Address: #7, Praneeth Homes Mallampet, Qutbullapur Mandal, Rangareddy Dist. Hyderabad, Andhra Pradesh, Property Type: Independent House/Villa, Location: Beeramguda, Bedrooms: 3 BHK Area Range: 2250 Sq. Ft Starting Price: Rs. 72 Lac Possession: June 2014 Contact : S.H.I
P
ROPERTY OINT
90106 83802
Builder: SRS Projects Office Address: 8-3-319/8/12a, Yellareddy Guda Rd, Nagarjuna nagar colony, Ameerpet, Hyderabad500073 Property Type: Independent House/Villa, Location: Nizampet, Bedrooms: 3 BHK, Area Range: 2650 Sq. Ft. Starting Price: Rs 90 Lac Possession: December 2014
Twin Cities
P
ROPERTY OINT
Duplexes and Penthouses, Location: Gachibowli Bedrooms: 2-5 BHK, Area Range: 1122 to 7674 sq. ft. Starting Price: 40Lac Possession: February 2014. Contact : S.H.I
P
ROPERTY OINT
90106 83802
DURGA HOMES PHASE 2
Builder: Durga Builders Office Address: Srinivasa heights, S-1, Chanadanagar, Hyderabad- 500 049 Property Type: Independent House/Villa Location: Chandanagar, Bedrooms: 3 - 4 BHK Area Range: 1960 - 2900 Sq. Ft. Starting Price: Rs. 48 Lac, Possession: December 2014 Contact : S.H.I ROPERTY 90106 83802
P
OINT
GREEN VALLEY
Contact : S.H.I
Builder: Aliens Group Office Address: Plot no: # 57, Vittal Rao Nagar, Madhapur, Hyderabad-500 081 Property Type: Residential Apartments,
90106 83802
08 REAL ESTATE BULLETIN March 2014
JUBILEE CYBER GRANDE
Builder: Jubilee Infratech Pvt Ltd Office Address: 2-1-740, Flat No.10, Manohar Apts, O.U.Main Road, Vidyanagar, Hyderabad – 500 044. Property Type: Residential Apartments Location: Madhapur, Bedrooms: 3 BHK, Area Range: 1781 2093 Sq. Ft. Starting Price: 80 Lac, Possession: Ready to occupy Contact : S.H.I
P
ROPERTY OINT
90106 83802
REGULARS MAHINDRA ASHVITA
Builder: Mahindra Lifespaces Office Address: Survey no. 78/2 & 78/3, Near Hitec City MMTS, Off Hitec City-JNTU Road, Hyderabad – 500072 Property Type: Residential Apartments Location: Hi-Tech City Contact : S.H.I
P
ROPERTY OINT
Builder: SMR Holdings Office Address: SMR HOUSE 5th Floor, Plot # 73, Nagarjuna Hills, Panjagutta, Hyderabad - 500 082 Property Type: Residential Apartments Location: Miyapur, Bedrooms: 3BHK Area Range: 1680 - 1935 Sq. Ft. Starting Price: 62Lac, Possession: 2014
P
ROPERTY OINT
Builder: Cyber Constructions Office Address: 7-1-414/19 Naga Sai, Ameerpet, National Highway 9, Srinivasa Nagar West, Ameerpet, Hyderabad-500038, Property Type: Residential Apartments Location: Gachibowl, Bedrooms: 2BKH Area Range: 1075 - 1260 Sq. Ft. Starting Price: 37.6 Lac Possession: Ready to Occupy
P
ROPERTY OINT
Contact : S.H.I
90106 83802
P
ROPERTY OINT
90106 83802
OAK TREE
Builder: Aryamitra Projects Office Address: A1,Vista Residency, Plot.No.81 & 82D, Sector - I, Alkapoor Township, Manikonda, Hyderabad-500089. Property Type: Residential Apartments, Location: Alkapur Bedrooms: 3 BHK, Area Range: 1570 - 1685 Sq. Ft. Starting Price: 37.7 Lac, Possession: Ready to Occupy.
90106 83802
KRISHNA PARADISE
Contact : S.H.I
Builder: Gemini Infra (India) Pvt Ltd Office Address: Flat No. 401, Plot No. 25, Kingston B-Wing, Pragathi Nagar, Opp: Lake, Kukatpally, Hyderabad 500090, Property Type: Residential Apartments Location: kukatpally, Bedrooms: 2 - 3 BHK Area Range: 1224 - 1535 Sq. Ft. Starting Price: 34 Lac, Possession: December 2014
90106 83802
SMR VINAY FOUNTAINHEAD
Contact : S.H.I
GEMINI LAKE CASTLE
Contact : S.H.I
P
ROPERTY OINT
90106 83802
SRI AVANI PROJECTS SUKRUTI HOMES
Builder: Sri Avani Projects Sukruti Homes Office Address: Flat No : 202, 2nd Floor, Shristi Towers,Above Oriental Bank Of commerce, Arunodaya Colony, Madhapur Main Road, Hyderabad-500 08. Property Type: Residential Villas Location: Bachupally, Bedrooms: 3 - 4 BHK Area Range: 1660 - 2398 Sq. Ft., Starting Price: 37 Lac Contact : S.H.I ROPERTY 90106 83802 Possession: Ready to Occupy OINT
P
Twin Cities
March 2014
REAL ESTATE BULLETIN 09
REGULARS PREM SAI KISHAN NILAYAM
Builder: Prem Constructions Office Address: Prem Nagar, Near Swagath Hotel, Behind Telephone Exchange, Chandanagar, Hyderabad – 50.Property Type: Residential Apartments Location: Chandanagar Bedrooms: 2-3BHK Area Range: 1170 - 1602 Sq. Ft. Starting Price: 33.9 Lac Possession: December 2014 Contact : S.H.I
P
ROPERTY OINT
90106 83802
ARHA MENSION'S
Builder: Uma's Infra Office Address: Flat. 405, Block A, CSR Residency, Ayyappa Society, Madhapur, Hyderabad-500 081 Property Type: Residential Apartments, Location: Pragathi Nagar Bedrooms: 2-3 Bhk, Area Range: 1000 - 1500 Sq. Ft Starting Price: 22 Lac Possession: June 2014 Contact : S.H.I
P
ROPERTY OINT
90106 83802
RAGHAVENDRA PANCHAJANYA
Builder: Raghavendra Neelima Constructions Office Address: Sy no 90, 91, 138, Miyapur(V) Serilingampally (M) R R Dist Property Type: Residential Apartments Location: Miyapur, Bedrooms: 2 - 3 BHK Area Range: 1140 - 1570 Sq. Ft Starting Price: 36.5 Lac , Possession: December 2014 Contact : S.H.I
Twin Cities
P
ROPERTY OINT
90106 83802
10 REAL ESTATE BULLETIN March 2014
SHRI SALASAR SRI RAMA ROYALE
Builder: Shri Developers Salasar Office Address: 1st Floor, D.No.83-978/A, Sri Nagar Colony, Banjara Hills, Hyderabad-500 034 Property Type: Luxury Independent Apartments Location: A.S. Rao Nagar, Bedrooms: 2 - 3 BHK Area Range: 1080 & 1278 Sq.ft. Starting Price : 25.8 Lac Possession: Ready to Occupy Contact : S.H.I
P
ROPERTY OINT
90106 83802
GOLDFISH VYOMA
Builder: Goldfish Abode Pvt. Ltd Office Address: MLA Colony, Road No.12, Banjara Hills, Hyderabad-500 034 Property Type: Residential Apartments’ Location: Gachibowli, Bedrooms: 2-3 BHK Area Range: 1201 Sq.Ft. - 1658 Sq.Ft. Starting Price: 35.4 Lac Possession: December 2014 Contact : S.H.I
P
ROPERTY OINT
90106 83802
RNS DREAM HOMES
Builder: Bommaku Constructio ns Office Address: Plot No # 112, RNS Colony, Near CCMB Colony, Boduppal, Ghatkesar M, Rangareddy Dist, Hyderabad - 500039. Property Type: Independent House/ Villas Location: Boduppal, Bedrooms: 3 BHk Area Range: 1843 - 2101 Sq. Ft. Starting Price: 51 Lac Contact : S.H.I ROPERTY 90106 83802 Possession: Ready to Occupy OINT
P
REGULARS LAKSHMI ROYAL CASTLE
Builder: Lakshmi Infratech Pvt Ltd Office Address: Sri Ganesh Nilayam H:No. 7-1636/23, 3rd Floor, Model Colony, Beside to ESI hospital, Erragadda, Hyderabad - 500 038 Property Type: Residential Apartments Location: Nallagandla, Bedrooms: 2- 3 BHk Area Range: 1103 - 1242 Sq. Ft. Starting Price: 29.8 Lac Contact : S.H.I ROPERTY 90106 83802 Possession: OINT 2014 PJune
GREEN SPACE SIGNATURE
Builder: Green Space Housing and Engineers Pvt Ltd Office Address: Sai Chandra Layout, Near Lanco Hills, Manikonda Property Type: Residential Apartments Location: Manikonda Bedrooms: 3 Bhk Area Range: 1630 - 1850 Sq. Ft. Starting Price: 40 Lac Possession: July 2014 Contact : S.H.I
P
ROPERTY OINT
Builder: Swarna Vihar Infra Projects Pvt. Ltd. Office Address: Atlas apartments, Road # 10, BANJARA HILLS. Property Type: Independent House/ Villas Location: kukatpally, Bedrooms: 3-4 BHk Area Range: 2300 - 2414 Sq. Ft. Starting Price: 50 Lac Possession: 2014
P
ROPERTY OINT
Builder: SVS Constructions Office Address: H.No. 1-5-11/1, Street No.8, Habsiguda, Hyderabad 500007 Property Type: Duplex Villas Location: Bachupally Bedrooms: 3 BHk Area Range: 1800 Sq. Ft. Starting Price: 55 Lac Possession: September 2014
Contact : S.H.I
P
ROPERTY OINT
90106 83802
VESSELLA MEADOWS
Builder: Vessella Group Office Address: 1st Floor, East Block, Cyber Meadows, Kondapur, Hyderabad – 500084. Property Type: Independent House/ Villas Location: Narsingi Bedrooms: 4 BHk Area Range: 3756 - 4775 Sq. Ft. Starting Price: 1.9 Crore Possession: December 2016
90106 83802
PNR HIGH NEST
Contact : S.H.I
SVSS ABHARANA ENCLAVE
Contact : S.H.I
P
ROPERTY OINT
90106 83802
ALTON MEDOWS
Builder:Sai Charan Realtors Pvt. Ltd. Office Address : 8-2-695/E/8/C, Plot No.201, Emperors Enclave, Road No.12, Banjara Hills, Hyderabad-500034.Property Type: Residential Plots/ Villas & Apartments Location: Yadagirigutta, Warangal Highway Bedrooms: 2-3 BHkArea Range: 800 - 3600 Sq. Ft. Starting Price: 10LacPossession: June 2014 Contact : S.H.I
90106 83802
P
ROPERTY OINT
90106 83802
Twin Cities
March 2014
REAL ESTATE BULLETIN 11
REGULARS VINAY ICONIA
Builder: Shubhodaya Avenues Pvt. Ltd. Office Address: H.No.11-11-3/2, Road No.1, Telephone Colony, Kothapet, Saroornagar, Hyderabad 500068 Property Type: Residential Apartments Location: Nagole Hyderabad, Bedrooms: 2 - 3 BHK Area Range: 1060 - 1575 Sq. Ft. Starting Price: Rs. 25 Lac Possession: June 2014 Contact : S.H.I
P
ROPERTY OINT
90106 83802
ARHA MENSION'S
Builder: Uma's Infra Office Address: Flat. 405, Block A, CSR Residency, Ayyappa Society, Madhapur, Hyderabad-500 081 Property Type: Residential Apartments, Location: Pragathi Nagar Bedrooms: 2-3 Bhk, Area Range: 1000 - 1500 Sq. Ft Starting Price: 22 Lac Possession: June 2014 Contact : S.H.I
P
ROPERTY OINT
90106 83802
RAGHAVENDRA PANCHAJANYA
Builder: Raghavendra Neelima Constructions Office Address: Sy no 90, 91, 138, Miyapur(V) Serilingampally (M) R R Dist Property Type: Residential Apartments Location: Miyapur, Bedrooms: 2 - 3 BHK Area Range: 1140 - 1570 Sq. Ft Starting Price: 36.5 Lac , Possession: December 2014 Contact : S.H.I
Twin Cities
P
ROPERTY OINT
90106 83802
12 REAL ESTATE BULLETIN March 2014
DSR BUILDERS & DEVELOPERS
Builder: DSR Reganti Office Address: DSR Tranquil, Plot No 901 # 301, Ayyappa Society Main Road, Madhapur, Hyderabad – 500 081 Property Type: Residential Apartments Location: Madhapur, Bedrooms: 4BHK Area Range: 3033 sft 3333 sft, Starting Price: 1.8cr Possession: June 2016 Contact : S.H.I
P
ROPERTY OINT
90106 83802
GOLDFISH VYOMA
Builder: Goldfish Abode Pvt. Ltd Office Address: MLA Colony, Road No.12, Banjara Hills, Hyderabad-500 034 Property Type: Residential Apartments’ Location: Gachibowli, Bedrooms: 2-3 BHK Area Range: 1201 Sq.Ft. - 1658 Sq.Ft. Starting Price: 35.4 Lac Possession: December 2014 Contact : S.H.I
P
ROPERTY OINT
90106 83802
RNS DREAM HOMES
Builder: Bommaku Constructions Office Address: Plot No # 112, RNS Colony, Near CCMB Colony, Boduppal, Ghatkesar M, Rangareddy Dist, Hyderabad - 500039. Property Type: Independent House/ Villas Location: Boduppal, Bedrooms: 3 BHk Area Range: 1843 - 2101 Sq. Ft. tarting Price: 51 Lac Possession: Ready to Occupy Contact : S.H.I
P
ROPERTY OINT
90106 83802
REGULARS HARITHA VANAM
NEW DEVELOPMENT PROJECTS Developer : Vikhyath Infra Developers
ELITE COUNTY III
Office Address: Flat No. 703, Tirumala Shah Apartments, Yellareddyguda Road, Ameerpet 'X' Roads, Hyderabad Property Type: Residentail Land Location: Warangal highway Area Range: 1503 - 9000 Sq. Ft. Starting Price: 1.4Lac Possession: Ready to Occupy
Builder: Bhashyam Developers Office Address: 201, Sri Ramasethu Nilayam, Opp: Community Hall, S.R. Nagar, Hyderabad - 500 038 Property Type: Residential Land Location: Bachupally Area Range: 900 - 1080 Sq. Ft. 9ACRECITY KOHINOOR CITY
DeDeveloper: Kirthana Properties Private Limited
Office Address: #1-3-1/4/D, Budvel,Rajendar Nagar, Hyderabad-500 030. Property Type: Residential Land Location: Kothur Area Range: 1755 - 3213 Sq. Ft. Starting Price: 5.7 Lac Possession: Ready to Occupy LAHARI METRO CITY
Developers: Gauthami Developers. Office Address: Flat No: 207, Plot NO: 42 to 47, Gayatri Nest Shyam Nagar, Telecom Nagar Colony, Gachibowli, Hyderabad. Contact Number: 040-30229120. Property Type: Residential. Location: kondapur, Hyd. Area Range: 1305 sq ft - 1910 sq ft. Starting Price: 3,500 Sq.ft.
March 2014
REAL ESTATE BULLETIN 13
Builder: 9acrecity Office Address: Shad Nagar Property Type: Residential Land Location: Shad nagar Area Range: 900 - 45000 Sq. Ft. Starting Price: 40 Lac Possession: Ready to Occupy
Twin Cities
REGULARS
Home Loan Interest Rates
Floating Interest rate
Per lac EMI
10.10% (for women) 10.15% (for others)
Rs. 972 (women) Rs. 975 (others)
Up to 25 lacs: 0.25% of loan amount minimum Rs.1000/25-75 lacs: Rs.3,250/75 & Above: 5,000/-
10.10% (For Female),10.15% (For Others) (Upto 25Lacs), then 10.25%
Rs.972 (For Female), Rs.975 (For Others) (Upto 25Lacs), then Rs.982
0.50% of loan amount upto 1 crore
HDFC Ltd
10.25%
Rs. 982
HSBC Bank
10.75% - 11%
Rs.1015 - Rs.1032
Bank Name State Bank of India
ICICI Bank
LIC Housing
AXIS Bank
Prepayment Charges
% Change in last 6 mths
Nil
1.45%
N.A
1.44%
0.5% or maximum 10,000+service Tax (12.36%)
No prepayment charges
2.38%
1% of the loan amount applied for, subject to a minimum of Rs 10000 plus service tax. This fee is payable on application and is not refundable
Nil
N.A
Nil
No change
Scheme I: 10.20%(Fixed Scheme I: for 2 yrs) Rs.978 (Fixed for 2 yrs) Scheme II: Scheme II: 11.25%(Fixed for 10 yrs) Rs.1049 (Fixed for 10 Scheme III: yrs) 12.25%(Fixed) Scheme III: Rs.1119 (Fixed) 10.25%
Up to 50 lacs : 10,000 +(Service tax) 50 lacs & above : 15,000 +(service tax)
10.25% (Upto 25 Lacs), Rs.982 (Upto 25 Lacs), then 10.50% then Rs.998
0.5% of the loan amount (Max. 10000/- + service tax for Salaried)
Nil
No Change (Upto 25 Lacs), then, 2.32%
NIL During Festival offer(valid till March 31, 2014)
If Balance Transfer then 2% Otherwise Nil
No Change
0.5%
Nil
No Change
0.5% of the loan amount
Nil
N.A
IDBI
10.25%
PNB Housing Finance
0.25% - 10.50%
ING Vysya
Processing Fee
Rs. 982
Scheme I: Rs.998 Rs.1049 (Fixed for 3 yrs) 10.25% (Fixed for 2yrs) Scheme II: Rs.1005 Rs.1049 (Fixed for 5 yrs) 10.50% Scheme III: Rs.1015 Rs.1049 (Fixed for 10 11% yrs) 10.75% - 11.25%
Rs.1015 -Rs.1049
Standard Chartered
10% (Upto 25Lacs), then Rs.965 (Upto 25Lacs), 10.25% - 10.50% then Rs.982 - Rs.998
Rs.5500/- + Service tax
Nil
0.10% (Upto 25Lacs), then 0.98% - 2.43%
City Bank
Scheme I: Scheme I: 10.25%*(without Home Rs.982 (without Home Credit facility) Credit facility) Scheme II: 10.50%*(with Scheme II: Home Credit facility) Rs.998 (with Home Credit facility)
0.25% (For Salaried) 0.5% (For Self Employed)
Nil
No change
Deutsche Bank
10.50%
Rs. 998
12000 + Service Tax
Nil
N.A
DHFL
10.50% (for salaried), 10.75% (For SEMP)
Rs.998 (For salaried), Rs.1015 (For SEMP)
1% for Salaried & 1.5% for SENP
Nil
No change
India Bulls
10.25% (Upto 25Lacs), then 11%
Rs.981 (Upto 25Lacs), then Rs.1032
Rs.7500 + 12.36%(Upto 30Lacs), else 0.5% of the loan amount
Nil
1.44% (Upto 25Lacs), the No change
Federal Bank
10.55%
Rs.1002
7,000 + Service Tax
N.A
0.47%
Bank of Maharastra
10.55% (Upto 25lacs), then 10.75%
Rs.1002 (Upto 25lacs), then Rs.1015
Up to 25 Lakh : NIL Above 25 Lakh : 0.25% of the Loan Amount: Subject to a Maxium Rs. 25,000
Nil
2.92% (Upto 25lacs), then 4.87%
Allahabad Bank
10.20% (Upto 25Lacs), then 10.45%
Rs.978 (Upto 25Lacs), then Rs.995
upto 30 lacs: 0.60% of the loan amount subject to max. Rs.12000 30 lacs - 75 lac: 0.45% of the loan amount subject to max. Rs.24000 above 75 lacs: 300 lacs:0.35% of the loan amount subject to max. Rs.60000 above 300 lacs: 0.25% of the loan amount subject to max. Rs.70000
Nil
N.A
Central Bank of India
10.25%
Rs. 982
0.50% of the loan amount subject to maximum of Rs.20,000/-
Nil
Twin Cities
14 REAL ESTATE BULLETIN March 2014
2.38%
Home Loan Interest Rates Bank Name
Floating Interest rate
Per lac EMI
Processing Fee
REGULARS
Prepayment Charges
% Change in last 6 mths
Corporation Bank
10.25%
Rs. 982
0.50% of Loan amount (Max.Rs.50,000/-)
Nil
Bank of India
10.20%
Rs. 978
100% waiver of Processing charges on new home loans sanctioned during festive period upto 31.03.2014 & 1st disbursement on or before 31.03.2014
Nil
Union Bank of India
10.25%
Rs. 982
Upto 75lacs: Nil 75 lacs & above : 0.25% of the loan amount subject to maximum of Rs. 7,500 (offer valid till 31/03/2014)
N.A
United Bank of India
10.55%
Rs.1002
0.50% of the loan amount
Nil
UCO Bank
10.25%
Rs. 978
0.5% of the loan amount, minimum Rs.1500/- & maximum Rs. 15000/-
N.A
Bank of Baroda
10.20%
Rs. 978
Loan upto Rs.30 Lacs - 0.50% (Minimum Rs.5,000/-) Above 30 Lacs - 0.40% (Min. Rs.15,000/- & Max. Rs.50,000/-)
N.A
Canara Bank
10.25%
Rs.982
N.A
N.A
Oriental Bank of Commerce
10.20%
Rs. 978
Nil (During festival Bonanza period i.e upto 31.03.2014)
Nil
Kotak Bank
10.25%
Rs. 982
0.25% - 0.5%
2% on Balance transfer else NIL
4.65%
Nil
0.48%
N.A
N.A
Nil
N.A
Dena Bank
10.25%
Rs. 982
Punjab National Bank
10.25%
Rs. 998
First Blue Home Finance
Waiver of process fee / upfront fee under Dena Niwas Housing Finance is applicable for proposals sanctioned w.e.f. 9.9.2013 to 31.12.2013 N.A
Salaried: Up to 30 lacs :7300 Rs.982 (for Salaried / 10.25% (for Salaried / 30 - 75 lacs : 11800 SEP), 10.75% (For Self SEP), Rs.1015 (For Self 75 lacs & above : 15,000 + service tax(12.36%) Employed) Employed) (Upto 25Lacs), Then 10.75% (for Salaried / SEP), 11.25% (For Self Employed)
0.38% 0.48%
2.5%
2.92% N.A N.A
2.51% No Change
Vijaya Bank
10.50%
Rs. 998
0.25% of loan amount. Maximum Rs.10000. Exclusive of Service Tax
N.A
N.A
Indian Overseas Bank
10.25%
Rs.982
A flat rate of 0.58% of the loan amount- maximum of Rs. 10,190/- There is no hidden charge. This is subject to change from time to time without prior intimation.
N.A
N.A
Development Credit Bank
11.50%
Rs.1066
1%
Nil
N.A
State Bank of Travancore
10.25%-10.50%
Rs.982 - Rs.998
Processing fees stands reduced by50% of normal charges during the campaign period
Nil
N.A
Rs.1066 - Rs.1032 (Salaried), Rs.1028 Rs.1062
0.5 to 1% off the loan amount.
N.A
N.A
Rs.1066 - Rs.1084
1% + service tax N.A
N.A
Tata capital Housing 10.50% - 11% (Salaried), Finance Ltd 10.95% - 11.45% (SEP/SENP) Dhanalakshmi Bank
11.50% - 11.75%
Indian Bank
10.20%
Rs.978
Nil
Nil
No Change
Syndicate Bank
10.25%
Rs.982
upto Rs.25 lacs - 0.25% (Min Rs 1000 - Max Rs 5000)26 lacs to 75 lacs - 0.55% (Max.Rs.500/-) above Rs.75 lacs - 0.55% (Max Rs.10000/-)
N.A
2.38%
Disclaimer: Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates. Twin Cities
March 2014
REAL ESTATE BULLETIN 15
LAND RATES
Land & Built up Rates S.No 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 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 Twin Cities
AREA Abids Amberpet Ameerpet Alwal Appa Junction Ashok Nagar AS Rao Nagar Attapur Bachupally Bandlaguda Banjara Hills Barkatpura Begumpet Bibi Nagar Boduppal Bollaram Bowenpally Chanda Nagar Chikkadpally DD Colony Dilsukhnagar East Maredpally ECIL Gachibowli Gajularamam Ghatkesar Habsiguda Himayathnagar Hitech City Hyderguda Hydernagar Jubilee Hills Kachiguda Khairatabad Kokapet Kompally Kondapur Kothapet KPHB Kukatpally L B Nagar Lingampally Madhapur Madinaguda Malkajgiri Mallapur Manikonda Masab Tank Medchal Mehdipatnam Miyapur Motinagar Musheerabad Nagaram Nagole Nallagandla Nallakunta Nampally Nizampet Padmarao Nagar Panjagutta Patancheru Pragati Nagar Prasanthnagar Rajendra Nagar Ramanthapur RTC X Roads SR Nagar Sainikpuri Saket Sanath Nagar Santhosh Nagar Secunderabad Shadnagar Shaikpet Shamshabad
RESIDENTIAL (Rs/sqft) 3900 3500 3600 2200 3300 3500 2200 2400 2800 2200 6500 4200 3500 1800 2500 2000 2200 2700 3800 4800 2700 2500 2300 3500 2300 1500 3500 4500 4500 2500 2700 4800 3800 3500 2500 2100 3500 2800 3600 3300 2500 2600 4300 3000 2100 2300 2300 2800 3500 3300 2800 3000 3200 2500 2700 3100 2800 3200 2000 3200 4100 1800 2500 2500 2500 2500 3500 3500 2200 2000 3500 2700 2900 1100 4500 2500 -
16 REAL ESTATE BULLETIN March 2014
4200 3800 4500 2500 3700 3800 2500 2700 3500 2500 7000 4800 4600 2000 2300 2200 2500 2900 4500 5000 3200 3000 2500 4300 2500 2000 3800 4800 5000 3200 3000 7500 4500 3800 2700 2300 4200 3000 3800 3600 3000 3000 4700 3500 2300 2500 2600 3700 4000 4600 3200 3500 3500 2700 3000 3400 3500 3600 2300 4300 4500 2000 2700 3000 3200 3200 5400 3900 2700 2200 4300 3500 4400 2000 5300 2900
COMMERCIAL (Rs/sqft) 4500 3500 5500 3500 4000 4500 3500 3500 3500 3500 7000 4500 5800 2500 3000 2000 4000 3500 6000 4000 4500 5000 3500 5000 2500 3000 4500 4500 5000 3500 2500 7200 3600 4000 3100 3100 3500 3200 3500 3100 3100 3100 4500 3200 3500 2500 2800 3000 2000 4700 3500 3100 5700 2000 2500 3200 3300 3800 2500 3900 8000 2000 3400 3300 3500 3500 5000 4600 2500 2500 4400 3000 3000 2000 2500 3900 -
5000 4000 6500 3800 4500 5500 4000 4000 4500 4500 9500 5000 6500 3000 4000 3500 5000 4500 6500 4500 5700 6000 4000 6500 3000 3500 5000 6000 7500 4500 3500 9000 4200 5800 3800 4000 5100 4000 4600 4600 3600 4000 5000 4500 4500 3500 3100 4000 3200 6000 5500 4000 6400 3000 3500 4200 3800 4700 3000 5200 9500 3200 4300 4500 4200 4500 6000 5500 4000 3500 5200 4500 4000 2600 3500 5300
RETAIL (Rs/sqft) 7000 - 7500 2500 - 3500 3000 - 3500 4500 - 5000 1550 - 2200 3500 - 3800 3500 - 4500 5000 - 6500 4500 - 4800 3000 - 4000 8000 - 10000 7000 - 8000 10000 - 11000 2800 - 3500 3500 - 4500 3800 - 4000 4000 - 4500 5000 - 6500 7500 - 8000 4000 - 5000 8000 - 8500 5500 - 6500 3500 - 4100 6000 - 6500 2200 - 2500 4000 - 4000 4000 - 5500 5500 - 6500 10000 - 11000 7000 - 8000 3000 - 3500 9000 - 10000 6500 - 7500 6500 - 7500 3000 - 4000 3600 - 4500 6500 - 7000 3500 - 3800 7500 - 8500 7500 - 9000 6200 - 7000 4500 - 5000 4500 - 5800 4000 - 5000 4000 - 5500 3000 - 4000 3000 - 4000 5500 - 6000 2500 - 4000 6500 - 7550 4300 - 5500 3500 - 5000 6500 - 7500 2500 - 4300 3000 - 4200 3500 - 4500 5000 - 6000 4500 - 6000 3000 - 3500 5500 - 6000 10000 - 11000 2300 - 3700 4000 - 6000 3900 - 4800 3500 - 4700 3400 - 4700 8000 - 10000 4500 - 6500 3700 - 4500 2900 - 4500 4500 - 5200 3500 - 4500 7000 - 9000 2500 - 2900 3100 - 4500 4500 - 6500
OPEN LAND RESIDENTIAL (Rs/sqft) 3800 2500 3500 2000 2500 3000 2000 3000 2500 2500 9000 5500 3800 1000 1000 1000 2500 2500 4700 3000 2500 4700 2500 4500 1500 500 4500 7500 5500 2300 1500 6500 2500 2500 1800 1500 3000 3500 3500 3500 2500 2500 3500 2300 4000 2300 2000 3500 1000 4500 3000 2500 4500 2000 1300 1500 2500 3500 2200 2500 3500 1000 2500 3900 3000 2600 5600 3500 1500 1800 4500 2000 3000 300 1800 700 -
4500 2800 3800 2600 3000 3500 2800 3300 3000 3000 9500 7000 4500 1500 2000 1200 3300 3500 5000 4000 3000 5500 2900 6500 2000 800 5000 8000 6000 2800 1700 7000 2800 3000 2600 2500 2500 4100 4500 4500 2800 3000 4500 3000 4500 2600 2500 4300 1800 5000 4000 3500 5000 2500 2500 2600 3000 4900 3000 3000 4700 1100 3400 4600 3600 3500 6500 4700 2500 2100 5700 2500 3500 800 2700 1100
COMMERCIAL (Rs/sqft) 12000 - 14000 4500 - 6000 5500 - 6000 4800 - 5500 3500 - 4500 5500 - 6000 3500 - 3400 2500 - 3500 2500 - 3500 3500 - 4000 10000 - 12000 6500 - 8000 5000 - 5700 1000 - 1100 2200 - 2500 1500 - 2500 5800 - 6500 3500 - 4000 4550 - 5700 4000 - 5500 5500 - 6700 8500 - 9000 3500 - 4500 6500 - 7000 1500 - 2500 4000 - 4500 6500 - 7000 9000 - 10000 8500 - 9000 3500 - 4500 2500 - 3500 7500 - 8000 3200 - 3500 6000 - 7000 2500 - 3500 2500 - 3000 5000 - 5500 6000 - 6500 8000 - 9000 4500 - 5500 2500 - 3500 4500 - 6000 8500 - 10000 6500 - 8000 4000 - 4800 2800 - 3800 1900 - 2500 4500 - 8000 2800 - 3100 5800 - 6500 5000 - 6000 2800 - 3800 5500 - 6500 2100 - 3000 1800 - 2500 3500 - 4500 2500 - 4500 5300 - 6200 2500 - 3500 3500 - 4800 9000 - 10000 1000 - 1200 2500 - 3100 4800 - 6500 2500 - 3000 3500 - 4000 7000 - 7500 6500 - 7500 2300 - 3500 1500 - 2500 6500 - 7000 3500 - 4500 7500 - 8000 1000 - 1700 2000 - 3500 1500 - 2000
LAND RATES S.No
AREA
RESIDENTIAL (Rs/sqft)
77 78 79 80 81 82 83 84 85 86
Somajiguda Srinagar Colony Srisailam Highway Suchitra Tarnaka Tolichowki Trimulgherry Uppal Vidya Nagar West Maredpally
3500 - 4600 4500 - 5000 2300 - 2600 2300 - 2500 2700 - 3500 2500 - 3200 2700 - 3600 2100 - 2300 3500 - 4000 5000 - 5500
6700 - 7300 4400 - 6700 2600 - 3500 5500 - 6560 5500 - 6500 4500 - 6500 3900 - 4600 2500 - 4300 4500 - 6500 5300 - 6400
1700 - 2900 2400 - 3900 2000 - 3300 2500 - 3900 2900 - 4500 6500 - 7700 4300 - 6700 3500 - 4200 3500 - 5500 3500 - 5000 7000 - 9500 1900 - 2500 8500-10500 2000 - 3000 2100 - 3700 2700 - 3400 2200 - 2800 2000 - 3000 8000 -10000 5000 - 6500 4000 - 5000 2300 - 3000 2600 - 3700 1700 - 2200 7100 - 8000 3500 - 4500 2500 - 4000 7500 - 9000 1900 - 2300 15200 -16900 3000 - 5000 7000- 8000 1700 - 2200 7000 - 9000 8000 -10000 9400 -10000 2200 - 3500 2400 - 4000 2900 - 3550 2600 - 4400
2400 - 3500 3400 - 4700 3300 - 5600 3400 - 4400 4100 - 5100 8900 - 9900 5400 - 6200 5000 - 5500 4500 - 6000 5500 - 6500 8000- 9000 3000 - 4200 4500 - 6400 2800 - 3400 5000 - 6500 3200 - 4500 3000 - 4200 3800 - 4400 7500 - 9000 6000 - 7500 4500 - 5500 3500 - 4500 3500 - 5000 2000 - 3500 9000 -10500 4000 - 6500 3500 - 4500 8000 - 9000 2400 - 3200 15950 -17000 5500 - 6800 7800 - 8400 2500 - 3500 3200 - 4900 5000 - 6000 5000 - 6000 3200 - 4200 3500 - 5000 4500 - 5200 5800 - 6500
COMMERCIAL (Rs/sqft)
OPEN LAND
RETAIL (Rs/sqft) 8500 5500 3000 3500 6500 6600 5000 8500 5800 6700 -
RESIDENTIAL (Rs/sqft)
9500 7100 4000 5000 6800 7500 6500 9000 6500 7500
4500 3500 200 2200 3500 2000 2800 2000 4000 3800 -
5500 5000 700 3500 4000 2900 3500 2700 4500 4000
COMMERCIAL (Rs/sqft)
8500 3500 500 3500 5500 3700 3500 3500 7500 4500 -
9000 5500 1000 5500 6500 4500 5500 4500 8000 5500
BENGALURU 01 02 03 04 05 06 07 08 09 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
Anand Nagar Anjanpura Anekal Banashankari Banaswadi Basavangudi Basavanagar Bannerghatta Road Bellary Road BTM Layout Cox Town CV Raman road Frazer Town GM Palya Hebbal Hennur Main Road Horamavu Hosur Road Indiranagar J.P. Nagar Kaggadasapura Kalyan Nagar Kanakapura Road Kengeri Koramangala Kumaraswamy Layout Malleshpalya Malleshwaram Maruthi Nagar M.G. Road Old Madras Road Rajaji Nagar Rajeshwari Nagar RT Nagar Sahakar Nagar Sahakar Nagar Srirampuram Uttarahalli Whitefield Yeshvantapur
3800 - 5200 4100 - 5200 4700 - 6200 4300 - 5500 5300 - 6800 13300- 14800 4800 - 5200 6000 - 6400 4800 - 6500 6000 - 7000 8550- 10400 4000 - 5800 6000 - 7400 3200 - 4000 6800 - 7500 4200 - 5600 4500 - 5800 5000 - 6000 12800 -13250 9000 - 10000 5000 - 6000 5000 - 6200 5700 - 6500 4000 - 5200 10450 -11300 5000 - 6000 4200 - 5000 11850 -12200 3000 - 4500 19500 - 20000 7000 - 8000 9500 - 10850 4200 - 5000 5500 - 6500 5500 - 6000 6500 - 7000 4000 - 4800 5400 - 6500 6450 - 7200 6200 - 7000
7400 - 8500 2000 - 3000 1100 - 1600 3300 - 4600 4800 - 5600 13300-14400 2900 - 3500 3000 - 4200 1000 - 2500 8500- 10000 3000 - 5000 2500 - 4000 7500 - 8000 2500 - 3500 3000 - 4000 1500 - 2400 1600 - 2500 300 - 750 9200-10000 6800 - 7200 2800 - 3800 6500 - 7000 3000 - 4300 1600 - 2500 9000 - 10500 4800 - 5500 2000 - 3200 10200 -11000 3500 - 4500 10000 -10500 1800 - 2900 9500 -10500 4500 - 5200 3000 - 4500 4500 - 5000 5500 - 6000 4500 - 5000 3800 - 4500 2950 - 3750 3800 - 4600
10300 -11500 2300 - 3700 1400 - 2700 4000 - 5400 6600 - 8700 13600 -14500 3900 - 4700 4000 - 4650 3500 - 4500 8150 - 9450 8800 - 9000 3500 - 4500 9500 - 10250 4000 - 5000 4500 - 5800 2600 - 3800 2800 - 4600 1000 - 1500 13500 -14500 8500 - 9000 3500 - 4000 7000 - 8500 6500 - 7000 2200 - 3000 10000 -11500 5000 - 6500 3000 - 4000 14150 -15900 6000 - 6800 9000 -10500 5800 - 6500 10000 -11000 5000 - 6400 4700 - 5700 6750 - 7400 8750 - 9400 6500 - 7000 4200 - 5500 4200 - 5000 6000 - 7000
Hyderabad Property Rental Rates S.No 1 2 3 4 5 6 7 8 9 10 11 12
AREA Ameerpet Banjara Hills Begumpet Chanda Nagar Filmnagar Gachibowli Hitech City Jubilee Hills KPHB Colony Kondapur Kothaguda Kukatpally
RESIDENTIAL per sqft 10-13 16-24 12-14 08-10 15-20 14-16 13-16 11-20 11-12 12-13 11-14 10-12
COMMERCIAL per sqft 25-32 45-49 38-44 20-26 35-40 34-46 35-38 44-49 35-40 38-47 28-35 20-24
S.No 13 14 15 16 17 18 19 20 21 22
AREA Madinaguda Manikonda Masab Tank Miyapur Nallagandla Nallakunta Nizampet S.R Nagar Somajiguda Vidyanagar
RESIDENTIAL per sqft 10-12 10-11 11-12 09-10 10-11 10-11 08-09 09-10 12-15 09-11
COMMERCIAL per sqft 18-22 25-30 25-32 35-48 25-30 22-26 22-25 23-26 40-50 20-30
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REAL ESTATE BULLETIN 17
REGULARS
Source: News pages & Sites..
Tenants in frying PAN As the financial year 2013-2014 draws to a close, tax returns and exemption filing is gaining momentum for the salaried taxpayers, who are required to file their tax exemption documents before March 31. This time around, however, many salaried taxpayers are being forced to forgo their house rental allowance tax exemption, as their landlords refuse to reveal their PAN, or a written declaration (in case they do not have PAN card) as per the new I-T norms passed in August 2013. The circular (8/2013) issued by Central Board of Direct Taxes states that “...an employee claiming exemption from tax with respect to HRA received is now required to report the PAN of the landlord to the employer, if the rent paid by the employee to the landlord exceeds Rs 1 lakh per annum, along with the rent receipt.” “I pay Rs 10,000 as monthly rent and my landlord demands it in cash. According to the new norms, I have to give the PAN details of the owner. But, he clearly said that he will not give any sort of PAN details nor written declaration. This time I
am planning to forgo the HRA tax exemption as I don't want to go hunting for new house,” said Dharam Singh, an analyst in an investment bank in Hitec City. Sudheer Allam, a telecom engineer, said “I pay a rent of Rs 14,000 per month since last six months. My landlord is neither
willing to provide PAN nor to sign the declaration that he doesn't have a PAN. If I am not able to give the details, around Rs 20,000 would be deducted from my salary.” Chandan Dhanani, a tax expert says, “If a landlord does not want to give declaration, then one would probably have to forgo his/her HRA deduction and claim for refund later. Giving rent receipts is to the
satisfaction of the employer. If not, one can file the I-T returns and claim HRA exemption on the basis of rent agreement or proof of payment through cheque or online to the landlord.” The new tax norm issued by Central Board Direct Tax, which mandates the salaried taxpayer to submit PAN and other details of the house owner to avail the HRA exemption, is to streamline the rental taxes, say tax experts. “Most of the house owners don't pay the tax on the rentals. But there are many employees who claim for house rental. There is a huge imbalance in the inflow and outflow of the rental tax,” said D. Vijay, a city-based chartered accountant and a professor of the subject. Earlier, an employee claiming HRA tax exemption had to show only a rent receipt (one every quarter) or a declaration from the house owners. But now it has been made mandatory to submit the PAN or a declaration by the landlord saying that he/she doesn't have a PAN. Vijay said, “The department cannot be blamed for the new norm as they are only trying to prevent tax losses. When a tax exemption is given on HRA to an employee, then the department needs to get the same tax from the house owners.”
Realtors stay bullish on Hyderabad market With an end to political uncertainty in the state, real estate developers expect a 20 to 30 per cent rise in property prices in Hyderabad in the next six months. “In the last three years, Hyderabad has seen just five to 20 per cent growth in real estate prices, due to a host of factors such as political turmoil, delayed clearances, and economic slowdown,” said N. Jaiveer Reddy, Credai president for Hyderabad chapter. Mr Reddy was speaking at the Credai Hyderabad Property Show 2014. “The next six months will be crucial, which will explain as to how Hyderabad
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18 REAL ESTATE BULLETIN March 2014
will shape up after the state's bifurcation,” said S. Ram Reddy, president, Credai AP. A Jones Lang LaSelle report says that over the next six to nine months, the overall business sentiments in the city are likely to remain stable.“Investors may find this period favourable, as property valuations are low and there is still potential to capitalise on this,” said Sandip Patnaik, MDHyderabad, Jones Lang LaSalle India. Indicating that the current time is the best period to invest in real estate, Credai national president C. Sekhar Reddy said the returns on investments for builders will be up by 50-100 per cent in the next
According to JLL, “the construction of new capital for residual state of Andhra Pradesh is likely to boost infrastructure and real estate activity in the coastal Andhra and Rayalaseema regions.” “Not only Telangana, even the Seemandhra region will benefit from the bifurcation of the state. Builders are aware of developing smart cities. So, focus will not be limited to one city,” the Credai president added. Other key cites of AP — Vijayawada, Vizag, Guntur, Nellore, Ongole and Tirupati — are also likely to witness increases in property prices going forward.
REGULARS
Realtors oppose shifting of tanneries to Rampally Fearing land rates may crash with shifting of tanneries from Bholakpur (Musheerabad) to Rampally in Keesara mandal, which is close to IT zone at Pocharam, realtors and property owners are opposing shifting of tanneries, plastic and iron scrap units there. Apart from realtors and locals, Gas Authority of India Limited (GAIL) has also raised objections over relocating the units as their gas pipeline passes through the area in Keesara mandal. Soon after water contaminationrelated deaths at Bholakpur in May 2009, which claimed 14 lives, the then chief minister YS Rajasekhara Reddy had directed the Hyderabad district collector and the Greater Hyderabad Municipal Corporation (GHMC) to shift tanneries, which were believed to be the primarily cause of water pollution in the area, along with other plastic and iron scrap units from Bholakpur to outskirts of the city. Though it is close to five years, officials failed to relocate even one tannery, plastic and iron units from Bholakpur due to pressure from the realtors lobby. Officials said the revenue department had identified about 44 acres of land at
Rampally village of Keesara mandal, which is also close to the modern abattoir at Chengicherla and behind Singapore Township. The land was handed over to GHMC in April 2010.When a layout was prepared, GAIL had raised objections over the layout for rehabilitation and relocation of Bholakpur units as their gas pipeline passes through the land. The State Human Rights Commission (SHRC), which has been closely monitoring the issue, sought a report on the gas pipeline details like depth, length and other issues related to the project from GAIL. Then, the realtors felt that if the units, especially tanneries, are relocated it may raise a stink apart from causing groundwater pollution. They approached a former minister of Ranga Reddy district and expressed their concern, a senior official of the Hyderabad collectorate said. Though GAILs objection can be resolved immediately, the revenue authorities have been sitting on it for the past two years, the official said. Incidentally, the state government had appointed a committee in 2009 itself with Hyderabad district collector as chairman, officials from GHMC, revenue department as members to shift
the units. The corporation had even conducted a survey for identifying traders in Bholakpur in 2010. As per the survey, 107 tanneries, 300 plastic and iron traders were running their businesses in Bholakpur. The Hyderabad district collector held several meetings with traders and officials on shifting of units from Bholakpur and the traders were assured that plots would be registered on the name of individual traders immediately. The collector and GHMC officials agreed to provide infrastructure like road, drainage, water connection, fire station, hospital, primary schools, labour quarters and other facilities to shift their units. The GHMC had even prepared tentative expenditure for basic amenities in the area at a cost of Rs 50 crore. However, everything came to a standstill with the intervention of realtors as land rates started escalating on areas abutting the Warangal state highway. When contacted, GHMC chief veterinary officer P Venkateshwara Reddy said there was delay in shifting the tanneries due to objections by GAIL, which would be resolved soon.
Hyderabad Metro eyes 55% revenues from real estate L&T Metro Rail (Hyderabad), a special purpose vehicle incorporated to execute the elevated metro rail project in Hyderabad, expects 50-55 per cent of its revenues coming in from real estate and the rest from ridership in the initial years, according to chief executive officer and managing director Vivek B Gadgil. “These models are not static but dynamic in nature. This ratio will change
when the ridership picks up over a period of time and they will definitely change depending on the city's development also,� he told media persons, on the sidelines of an international conference on publicprivate partnership organised by the Institute of Public Enterprise. The over Rs 15,000-crore project comprises 72 kilometre of elevated metro rail line and six million sft of transit-oriented development (TOD). Gadgil said while the total TOD proposed was 18.5 million sft, the company would execute six million sft first and then consider taking up the remaining 12.5 million sft either utilising accrued rentals or on a project-by-project basis. Stating that 90-95 per cent of civil works on Stage-I (between Nagole
and Mettuguda) was almost complete, and expected to be commissioned by March 21, 2015, he said the first full train with three coaches would arrive from Hyundai Rotem in South Korea by April-end or early May for trial runs at the depot. L&T Metro had already tied up funds with the banks. While it has been granted a viability gap funding of Rs 1,400 crore, the company has thus far spent around Rs 3,000 crore on the project through equity and debt in equal proportions. Also, the company has taken a comprehensive insurance policy and has so far paid a premium of Rs 27 crore to cover the project for the initial three-anda-half to four years. To a query on whether the bifurcation of the state and the uncertainty surrounding it would have any likely impact on the passenger traffic of the Hyderabad metro rail project, Gadgil replied in the negative. On whether the company was seeing any impact on the overall project costs with the interest rates rising by almost
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REAL ESTATE BULLETIN 19
REGULARS
GHMC to invoke Land Acquisition Act to acquire Iskcon property
Hyderabad Real Estate beats Chennai and Pune
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20 REAL ESTATE BULLETIN March 2014
BELIEFS
7. Administrative offices are to be located either in north or east, away from boundary walls with less height than the main factory. Here special care has to be taken in keeping north- east corner open.
VASTU FOR INDUSTRIES For industries too, the selection of site is very important. Besides the facts that sufficient water and electricity should be available, the vastu of plot, such as the shape of the plot, the roads facing the plots and the ground levels inside and outside the site are very important points that are to be observed. The various principles of Vaastu which aid in setting up an industry are as follows: 1. Main road towards east, north or North-East are advisable with wide gates on two sides. 2. Gates in North-East or East or North or North-West are recommended. 3. Guard room should be either on North-West side of North gate or South- east side of east gate. 4. Minimum space should be kept in south and west where big trees could be grown. More open space should be left in north and east where lawns and other greenery can be grown. 5. The floor levels in south-west must be higher than other sides and height of the building also must be higher than the corners. Care has to be taken to have the store rooms in south- west fully loaded with stocks to the extent possible.AS and when the stocks are consumed they should be replaced immediately. 6. Car parking may be provided in north west of open area is available. For light vehicles north-east also could be used.
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21 REAL ESTATE BULLETIN March 2014
8. Staff quarters may be constructed in south-east and north-west. If quarters are multi stored and if the height is more than that of main factory, they should be constructed in south-west without touching the main premises. 9. Toilets should be placed in north-west or south eastern part of the buildings, and not in north-east or south west. 10. Wells bore wells, water sumps and water ponds etc, should be in north-eastern area. 11. Over head tanks may be erected in west and nearby, duly maintaining the heights. South –west and north-east sides including north and east should be avoided, for constructing overhead tanks. This is a bit controversial subject and hence one should be very careful in locating the over head tanks also the water tanks above the ground level. 12. Heavy machinery has to be installed in south, west or south-west in the factory. 13. Raw materials storage, weather inside factory or sheds outside, should be in south or west or south-west. 14. Products under process or unfinished goods may be kept in west direction. 15. Finished products are to be kept in the north-west corner. 16. Weighing machine may be located near the gate either in north or east because that area is not subjected to permanent weight. 17. Transformers, generators, motors, boilers, furnaces, oil engines should be kept in south east or close to south east.
BELIEFS
LIMITATIONS OF VASTU ŸMany examples could be cited to show that Vastu, if followed in constructing one`s house, office, or business place, one could be happy and prosperous. A question arises whether one can achieve everything in life by simply living in a house built as per vastu. The answer is “no” because, vastu has its own limitations. Just because one has a house as per vastu, one cannot become a top celebrity. Nevertheless, if plot is good as per Vastu and house is also built according the shastra, one may achieve any of the following: ŸOne may have health and happiness. ŸChildren may come up in life. ŸOne may succeed in getting good promotions, if in service. ŸOne may make good money, if in business. ŸOne may attain position and power, if in politics. ŸOne may get benefits as enumerated above, as per the
without knowing even elementary principles of subject. Construction of a house or a work place following vastu principles cent percent is not possible, because of the levels in and around the plot, shape of the plot, number of roads and direction of roads abutting the plot. Hence one has to work with available plot and construct the house or office to suite one`s requirement under the given circumstances to provide maximum benefit to the inmates of the house. An architect bestowed with the knowledge of vastu designs the building, striking the balance between the two depending upon the importance of one or the other as the case may be.
degree of the perfection in following vastu. If one can satisfy 70 to 75% of vastu, he should be very happy. It is interesting to note that, some fortunate people have been living in good houses built as per vastu, Twin Cities
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REAL ESTATE BULLETIN 22
TWIN CITIES
“Force to Reckon with”
COVER STORY
Make More Money From Real Estate Many real estate investors began with little money and today they're millionaires. But to make money from real estate takes time and gaining prudent knowledge of the market and how to finesse the timing.
W
ant a good way to build wealth? Own commercial real estate. Real estate is one of the largest asset classes in the world. It makes up a significant portion of the net worth of many wealth accumulators. Real estate investment has become a popular way for people to make money, and it is not uncommon to buy a house or land without any intention of living there. Some people simply buy and hold property, waiting for it to appreciate in value before re-selling it. Having cash for a down payment is the quick and easy way to enter the real estate market, but it's not only an option. Many people have found ways to start investing in real estate with little or no money of Twin Cities
24 REAL ESTATE BULLETIN March 2014
their own. Options include borrowing money as well as a number of more unusual and creative paths to ownership. Real estate is one of the few investment mediums where using the bank's money couldn't be easier. The ability to make a down payment, leverage capital, and thus increase overall return on investment is incredible. For many people, real estate is the easiest to understand investment because it is simple, straight-forward and involves a fair exchange between a property owner (the landlord) and the property user (the renter). As long as the hot water keeps flowing and the rent arrives on time, everyone is
happy and benefits. Investing in real estate is much more complex than this, though, because there are several different types of real estate investments including residential, commercial, and industrial, as well as real estate that trades on stock exchanges, which are called REITs (Real Estate Investment Trust). For a new investor, investing in real estate offers a tremendous opportunity to create wealth. As with all investments, there needs to be some due diligence performed to help put the probabilities for success on investor side. When it comes to making money in real estate investing, there are really only a handful of ways to do it.
COVER STORY This is income generated by "specialists" in the real estate industry such as real estate brokers, who make money through commissions from buying and selling property, or real estate management companies who get to keep a percentage of rents in exchange for running the day-to-day operations of a property. Industrial real estate investments Industrial real estate investments consist of storage units, car washes and other special purpose real estate that generates sales from customers who temporarily use the facility. Industrial real estate investments often have significant "fee" and "service" revenue streams, such as adding coin-operated vacuum cleaners at a car wash, to increase the return on investment for the owner.
Make More Money Using These Popular Methods: An Increase in the Property Value The truth is property values do not always increase, which has been painfully evident over the past few years. In fact, property values hardly beat inflation in many cases.
members who manage properties can be deductible and increase the tax benefits when it comes to cash flow and the future sale of the property . Real Estate Related Income
Retail real estate investments The type of investment consists of shopping malls, strip malls, and other retail storefronts. In some cases, the landlord also receives a percentage of sales generated by the tenant store in addition to a base rent to incentivize them to keep the property in top-notch condition.
Rental Income People need a place to live and a place to operate a business. There are plenty of credit-worthy men or women who do not own their own home or the building in which they operate their business and need to rent space. These needs offer real estate investors an opportunity rent out their property and receive rental income. Naturally there are operating expenses in owning a piece of property such as mortgages, maintenance, and utilities. Increased tax deduction strategies Rental property affords investors with another incredible opportunity to convert personal expenses to potentially valid business deductions. Don't forget that rental real estate is a business. This means that travel expenses to check on properties and payments to family Twin Cities
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REAL ESTATE BULLETIN 25
COVER STORY
Twin Cities
26 REAL ESTATE BULLETIN March 2014
COVER STORY
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REAL ESTATE BULLETIN 27
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Mother of all property shows
T
elangana is declared as a new state, Political uncertainty is about to end with the coming elections, Property prices are at rock bottom level, Registration charges are reduced and this financial year is coming to close. All of these may be a few reasons for raising the interest of the home buyers to invest in Hyderabad. Identifying the interest of the investors, various organizations, banks and financial institutions organised many property events in the city in the month of February 2014. Indian Overseas Bank held “IOB Property Show” on 8th and 9th February at Shilpakala Vedika. On the same days, IndiaProperty.com hosted another show “Grihapravesham” at HITEX. State Bank of India conducted “SBI Property Show” on 22nd and 23rd February at Shilpakala Vedika. CREDAI Hyderabad presented its Property Show at Jalavihar, Necklace Road from 28th February to 2nd March. Exactly around these days, from 28th February to 3rd March “Furniture Fair” is also organised at HITEX. But it made no difference in the huge number of footfalls at the most credible property show of the Confederation of Real Estate Developers Association of India (CREDAI).
About CREDAI CREDAI is the apex body for private real estate developers in India representing over 9,000 developers through 142 cities and 22 state level member associations across the country. CREDAI Andhra Pradesh has 18 Chapters and 1200 developers with CREDAI Hyderabad representing 150 developers in twin cities. Its numerous initiatives and activities help developers come together and work towards better practices, improved customer service and a stronger realty industry. This property show provided impetus to medium and small developers who were able to generate visibility and business leads for their projects.
programmes and lucky draw gifts there is a festival atmosphere at the venue throughout the three days irrespective of the heavy rains. Realtors, building material manufacturers, consultants, banks and financial institutions from across the city came together to exhibit integrated townships, apartment complexes, gated communities, apartments, villas and other latest products and services in the real estate sector under a single umbrella. Over 100 developers and other stakeholders participated in the event, who showcased diverse properties suiting every requirement and budget providing consumers a chance to get the best options for home solutions in the twin cities. Information on housing loan options and how to avail the same is also available at the exhibition. The Property show introduced some exciting offers from developers. The Property Show saw a host of VIPs and dignitaries from various industries visiting the event during the three days. The valedictory and awards function on the last day was presided over by Chief Guest- Mr. NVS Reddy, MD Hyderabad Metro Rail along with the guest of honours Mr. JA Choudhry, Chairman FICCI & former Director Software Technology parks of India, Dr. BVR Mohan Reddy, CMD InfoTech Enterprises, Mr. Prakash Reddy – Former Additional Advocate General, Mr. C. Shekar Reddy– President CREDAI National besides the CREDAI leadership team at Hyderabad. With more than 150 developers the
About the Event The venue Jal Vihar at Necklace road is strategically located in the heart of the city and is equidistant from all corners of the city. The scenic location of the venue along with the Show organized during Twin Cities
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REPORT CARD
business opportunity for real estate developers across the city. A lot of developers were seen organizing site visits for the interested buyers. The event provided tremendous impetus to medium and small developers who were able to generate wide visibility and quality business leads for their projects. In an overall summary of the event, participant, visitor and exhibitor feedback showed that the CREDAI Hyderabad State Property Show 2014 achieved a successful mix of B2B and B2C participants. A series of panel discussions with the participation of industry experts like Mr. Sandip Patnaik - JLL, NVS Reddy MD Metro Rail, J.V Upender Rao Chairman Pennar Group, CREDAI leadership team along with political leaders like KT Rama Rao (TRS), Jaiprakash Narayan (Loksatta), Bandaru Dattetraya (BJP), Mr. Ponnala Lakshmaiah and representatives from financial institutions providing insights about the future of real estate sector in the city. The political leaders said that there will be no change in the growth of real estate and industrial sector due to bifurcation. Both Telangana and Andhra Pradesh will be ideal states in India and will grow further. The real estate sector should focus on quality construction, layout structure, labour safety and focus on dwelling for middle class people. Mr. KT Rama Rao mentioned that the there is no need to worry as the properties of all people will be safe in the new Telanagana state. Hyderabad is an ideal city with world class infrastructure. We need to construct satellite cities with good connectivity including Metro Rail and Outer Ring Road. He stressed that Hyderabad belongs to Telangana and Telangana belongs to India. The panelists discussed that Real Estate in Hyderabad is poised to grow further and the outlook is highly positive. The city of Hyderabad, which has comparable infrastructure when compared to other metros, offers residential properties at a much lower price. With the political clarity coming, CREDAI is confident that brand Hyderabad will emerge as the leading destination for real estate investments going forward. The show achieved fantastic response and strongly communicated the city developer's commitment to focus on affordable housing and make the sector more approachable for the common man. The CREDAI leadership team stressed the need for initiatives to streamline the sector and advocated processes like single window clearance which would benefit all stakeholders. Speaking about the CREDAI Hyderabad Property Show 2014, Mr. N Jaiveer Reddy, President CREDAI Hyderabad said, “We are extremely happy with the response that the show has received and we are confident that with the current political stability Hyderabad is poised to be a world class city. Hyderabad offers the best Twin Cities
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city is a preferred destination for most of the IT & ITES organizations, Gaming and Animation industry besides the health care sector. The CREDAI Hyderabad Property Show 2014 was able to showcase all the best projects in the city to consumers which enabled them to make an informed decision” Mr. S. Ram Reddy President CREDAI AP said “We are pleased at the response to the CREDAI Hyderabad property show 2014. The participating developers, financial institutions and other manufacturers received a very positive response from visitors and received substantial inquires apart from lining up site visits for the next few days. We are expecting an increase in the demand for housing sector in the city across segments. We are confident that the sector will witness tremendous growth and it's a golden opportunity for consumers to invest in property, at the moment, when Hyderabad is providing the most cost effective real estate solution” Adding to this Mr. C Shekar Reddy President CREDAI National said, “We are overwhelmed with the fantastic response to the Property show over the last three days. We have received positive feedback from consumers and also developers who've attended the show. People turned out in large numbers shredding the slowdown blues and welcoming the next phase of growth & development in the real estate sector” He further said, “The Property Show provided an opportunity to developers from all over the city along with consultants, vendors, financial institutions to come at a common platform and explore business opportunities. With this show we were able to create a synergized approach for building a better & congenial environment to promote the growth of real estate sector in the city. We would like to thank all CREDAI members in putting up this successful show. ” About Exhibitors Aarush Building Materials, ACE Ventures, Aparna Constructions, AR Developers, ARK Builders, Armsburg Properties, Ashirwad Pipes, Ashoka Builders, Bathous, Brand Estate, BRC Infra, Chaitanya Developers, Cybercity Developers, ,Elite Space, Fenesta Windows, Gayatri Developers, Giridhari Constructions, GK Developers, Good Life Rainbow City, Gowra Ventures, HDFC Home Loans, Hill County Township, Hindware, Hyderabad Metro Rail, ICICI Bank, IndiaProperty.com, Jaguar Jain Housing, Janapriya Engineers, Khazana Furniture, Lotus Properties, MAK Projects, Mahindra Lifespaces, Manjeera Constructions, Mantri Developers, Maram Infra Projects, Mitsubishi Electric, Modi Builders, Modi Properties, My Home Group, NCC Urban,Northstar Homes , PBEL Developers, Perfect Pincode, Pinnacle Generators, Poulomi
Resorts, Prestige Group, Ragamayuri Builders, Raghuram Infra, Rajapushpa Properties, Ramky Group, Reliance Builders, RV Nirmaan Group, RVR Constructions, Saket Engineers, Safeway Infra, Salarpuria Sattva Group, Shalini Steels, Shantasriram Constructions, Shree TMT, SMR Holdings,SV Constructions, State Bank of India, Total Environment, TNR Group, Vamsiram Builders, Vaishnavi Infracon, Vasathi Housing, Vasavi Group, Vertex Homes, Vishal Projects and others had their projects, products and services on display. Projects Showcased: The event showcased a gamut of projects available across various price bands, from affordable homes to high-end luxurious villas. The response to projects across various budget segments was alike, indicating the presence of various segments of the society looking to invest into the Hyderabad market.
About Visitors Real Estate Bulletin Team conducted a survey based on the responses received from the visitors. For the purpose of analysis and preparation of this report, the responses of over 1500 respondents has been considered, after accounting for not answered or incomplete and skewed responses. Our observations based the responses received from the visitors are as below: Age Profile: 52% of the respondents were in the age group of 25 to 34 years and 24% of the respondents were from the age group of 35 to 44 years indicating inclination of young population towards property purchase. 16% of the respondents were from age bracket of 45 to 54 years and 8% of the respondents were above 55 years of age. Occupation: 68% of the respondents were salaried. Self employed represented around 30% of the visitors and 2% were retired.
West Zone: Gachibowli, Madhapur, Miyapur, Serilingampally, Hafeezpet, Chanda Nagar etc North Zone: Gajula Ramaram, Yagadgiri gutta, Chintal, Shapur Nagar, Jeedimetla, Alwal etc East Zone: Cherlapalli, Nacharam, Uppal, Habsiguda, L.B. Nagar, Kothapet, Saroornagar etc South Zone: Mehdipatnam, Tolichowki, Shali Banda, Rajendra Nagar, Shivarampally, Attapur etc Outside Hyderabad: Kurnool, Warangal etc Central Business District (CBD): Secunderabad, Banjara Hills, Jubliee Hills, Srinagar Colony etc
Most of the projects showcased (35%) were from West Zone, followed by 31% from East Zones, 13% and 11% from North Zone and South Zones respectively. While 7% of the projects exhibited are were from CBD, only 3% projects were from the locations outside Hyderabad like Kurnool, Warangal etc.
Monthly Income: 25% of the respondents reported monthly income between Rs. 25,000 to Rs. 50,000 which can be categorized as Middle Income Group (MIG). 46% of the total visitors were earning monthly income of more than Rs. 50,000 and belonged to Higher Income Group (HIG). Only 29% of the visitors were from Low Income Group (LIG) earning monthly income up to Rs. 25,000.
Product Mix: 2/3 BHK apartments were widely showcased in the expo accounting for 75 % of the projects exhibited. Villas, duplex apartments in the luxury segment and affordable homes for value buyers were also exhibited at the expo.
Prefeered Location: Gachibowli / Nallagandla / Manikonda around Hitec City, Miyapur / Chandanagar, Kukatpally belt and LB Nagar / Uppal / Nagole were the most preferred locations amongst the respondents.
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REPORD CARD Amenities: The consumers are looking for amenities such as Generator Back up, health club, gymnasium, swimming pool, club house and children play area indicating inclination of customers towards basic as well as high end amenities.
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Preferred stage of construction: The fear in the minds of customers about the project completion still prevails and the same is evident from the fact that about 48% of the respondents were interested in ready for possession or nearing completion properties. Only 13% of the visitors were interested in property purchase at project launch stage.
Budget: The budget was upto Rs. 20 Lakhs for 12% of the total respondents. Budget was ranging between Rs. 20 Lakhs to Rs. 35 Lakhs for 20% of the visitors. 33% of the respondents reported a budget in the range of Rs. 35 Lakhs to Rs. 50 Lakhs. 35% of the total respondents reported a budget more than Rs. 50 Lakhs.
Time frame for purchase of property:
Preferred apartment type: The preferred unit size amongst the respondents was 2BHK and 3 BHK with 32% of the total visitors willing to go for 2 BHK and 29% of the total visitors willing to purchase 3BHK unit. Only 5% of the respondents were interested in going in for 1 BHK unit.
Preferred apartment type:
Sources of funds: Out of the total respondents, 14% were willing to purchase the new property from own savings. 81% of the respondents were willing to go for loan from banks to purchase a new house property; the most preferred lender being nationalized banks. 30 End use of new property: 88% of the respondents were willing to purchase property for self occupation whereas 10% of the visitors were interested in purchasing the property as a second home.
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10% of the respondents had an immediate requirement for property as against 53% of the respondents looking for property within a span of 6 months. Conclusion Overall the exhibition received a good response, indicating positive signs among homebuyers to invest in this sentiment driven market scenario. CREDAI Hyderabad concluded its roperty show on March 2nd 2014 by offering many attractive prizes in the Lucky Dip including the Bumper Prize of Maruti Alto White Colour Car from Autofin to Mr. Ganesh Singh, resident of Secunderabad. CREDAI has announced the dates for its next property show again in this year during 26-28th September.
PROJECT
Lotus Roldana L
otus Roldana is the new address of the ultra luxury living in the middle of all the actions. Another offering of Lotus properties, that sits pretty on Road No. 5, Banjara Hills, one of the India's coveted zipcodes. It is surrounded by premium shopping malls, upmarket restaurants, glitzy pubs & lounges, multiplexes, parks, designer boutiques, popular clubs, in short every place that keeps the social life humming. Moreover, within a short drive range are the city's IT & Financial hubs, top corporate hospitals and international schools. It's a location that's not only in the heart of the city but one that'll grow very close to the heart of every Hyderabadi. Lotus Properties has launched this mega project as a wonderfully designed residential complex giving a new meaning to exclusivity and privacy with no common walls in between the apartments. Lotus Roldana is meticulously planned to cater international and contemporary ambience. The living area is marked by large windows to both allow plenty of natural light and present a feeling of cohesiveness. With impeccable finish, top-of-the-line fittings, close attention to every little detail, these distinguished condominiums offer
superior design and quality construction at affordable range. Lotus Roldana will be completed and ready to occupy by March 2015, which will set new standard in lavish living facilities like swimming pool & lounge, Landscaping with grass & plantation, Children play area, Modern gymnasium, Walking & Jogging tracks, Video intercom security, Water softener, Dual car parking and Diesel generator power back-up. The structure is designed to be earthquake resistant and many other amenities are well within an arm's reach making sure life is simpler at “Lotus Roldana”. The project is constructed on one acre land and presents 35 high-end apartments with 3 BHKs (20 units) ranging from 2,300 sq ft to 2,500 sq ft & 4 BHKs (15 units) measuring about 2,900 sq ft. The project is designed keeping in mind those who want clutter-free structures. Each floor would house seven condominiums that vary in size and design. The project will have a specially designed water body at its centre. It would also have sit-out decks at either end. The company has completed over 10 projects from the date of inception and all the projects are located in good residential and commercial locations. Incorporated in 1992 by B. Sudhakar Rao, Lotus Properties believes in the art of building dream houses. “Going forward, the company plans to develop properties in Bangalore and Chennai,” said Lotus Properties managing director B. Jagannath Rao, who has worked tirelessly to make Lotus Properties a credible name in the real estate sector of Hyderabad.
Amenities ŸGarden landscaping ŸSwimming pool and lounge ŸChildern's play area ŸWalking and jogging tracks ŸModern gymnasium ŸVideo intercom security ŸWater softener ŸDual car parking for condominium
Specifications ŸFoundation: Earthquake resistant
structure system. ŸWalls: Table moulded bricks/ concrete
blocks. ŸInternal Walls: Smooth plastered
surface treated with Altek and painted with Royal Emulsion. ŸExternal Walls: Smooth finish treated with waterproofing compound. Weather shield paint. ŸMain Door: Teakwood frame with melamine polished shutters and brass hardware. ŸInternal Doors :Teakwood frame and flush door laminated shutters with brass hardware. ŸWindows: UPVC windows with float glass. ŸFlooring: Living Room- Combination of wood and Italian marble. Dining Room- Italian marble. ŸMaster Bedroom- wooden flooring. ŸKitchen and other bedrooms- Vitrified tiles. ŸToilets: Granite counters with top of the line anti-skid designer tiles. ŸBathroom Fittings-(Kohler or equivalent) ŸKitchens: Polished granite platform, stainless steel sink, provision for chimney and storage cabinets. ŸElectricals: Concealed flame retardant wiring with modular remote switches (Toyama or equivalent). Adequate points for power and lighting. Power Back-up: 100% DG back-up.
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SPECIAL REPORT
Housing Start-up Index launched
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LEGAL GYAN
All About Stamp Duty Real Estate Bulletin offers guidance on stamp duty and registration. It throws light on processes involved on transaction of property.
B
uying a house is one of the biggest financial decisions that you will make in your life. It is an overwhelming experience, both financially and emotionally. While buying a house, we need to identify the property, make down payment, apply for loan, sign the sale agreement, etc. The most important step while buying a house is the possession and registration of the property. After the possession of the property is being transferred to you, it is your responsibility to get it registered in your name. Possession is the physical transfer of the property, but it is not sufficient. You also need to have legal evidence of ownership. For this you will have to get the property registered in your name in the local municipal records, with the seller documenting that the property is being transferred to you. At the time of registration, you will also have to pay a stamp duty which is a government tax levied on property transactions. Let's try to understand what is stamp duty, why is it essential to pay stamp duty and many more aspects of stamp duty. Stamp duty is collected on the basis of property value at the time of registration. Stamp duty's amount varies from state to state and also property typeold or new. Since it adds up to the property cost, it's better to have a fair idea before you finalise your property deal. Stamp duty is a legal tax payable in full and acts as an evidence for any sale or purchase of a property. The levy of stamp duty is a state subject and thus the rates of stamp duty vary from state to state. The Centre levies stamp duty on specified instruments and also fixes the rates for these instruments. Real Estate Stamp duty is a type of tax
accumulation by the Government of India. Stamp duty is established on the agreement value or on the market value whichever is greater. Stamp Duty basically is nothing but a type of tax collected by the government under its jurisdiction for a transaction of property. The types of property may be freehold or leasehold from land (agricultural and non-agricultural), independent houses, flats to commercial units. As a general rule, Stamp Duty is generally paid by purchasers. According to early rules, the Duty has to be deposited in the government treasury for all property transactions, which are done through document or instrument under the provisions subscribed in Indian Stamp Act of 1899 and Bombay Stamp Act of 1958. The amount, collected by governmentappointed Stamp collectors, would go directly to the concerned State under which the individuals are taxed. In many states, still the Indian Stamp Act, 1899 is in force. For those who buy flats, stamp duty is calculated on the basis of the land parcel
applicable to the purchaser in the multistorey apartment. This is known as undivided share (UDS) of the property. For example, if the apartments made on 2400 sq ft having 10 equal sized apartments, each member has to pay for a stamp duty for 240 sq ft land. The size of UDS varies if the apartment sizes vary and largest portion will be allotted for those having large sized apartments. Why should one pay stamp duty? As mentioned earlier, this is a tax in line with sales tax or income tax collected by the Government. Technically speaking, Stamp Duty for any property transactions is paid under Section 3 of the Indian Stamp Act, 1899. Stamp duty is payable in full and on time. If there is a delay in payment, it attracts penalty at the rate of two percent every month on remaining amount and as maximum penalty being levied 200 per cent for the unpaid amount. Another advantage for paying stamp duty is that the document acquires evidentiary value. It is admitted in any court of law in India as evidence provided the documents are properly stamped. Twin Cities
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LEGAL GYAN
How to pay stamp duty? Now the question comes, how to pay the stamp duty? Many states have simplified the payment procedure. For example in Maharashtra, one can pay the stamp duty online as the government has recently announced linking of all subregistrar offices across the state for easy payment. Otherwise, stamp papers, equivalent to the value of the stamp duty, should be purchased in the name of one of the parties involved in the transaction. The amount will be paid at the sub-registrar office of the jurisdiction on or before the execution of the sale deed. Though in India it has become a practice that only purchasers bear the cost of stamp duty, actually, it is either paid by a transferee or purchaser or as mutually agreed in the agreement between parties. How much to pay as stamp duty? The percentage of stamp duty levied varies in different states. For example Maharashtra charges 6.5 per cent of the property value as stamp duty if the property lies within the city limit, while in Tamil Nadu 8 per cent Stamp Duty is collected for all types of property transactions. In our state of Andhra Pradesh, 7.5 per cent was levied as stamp duty and one per cent as registration charges over property transactions. But recently to boost the individual property buyers and the overall realty sector in the state, Chief Minister N. Kiran Kumar Reddy gave green signal to reduce stamp duty significantly, which will bring down the property registration charges. Stamp Duty on Sale Deed, Sale Agreement, Gift Deed & Development / Construction agreements reduced The Andhra Pradesh Government has decided to reduce stamp duty on registration of properties. In a major Twin Cities
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change, the highly regressive previous step of charging 5 per cent on Development & Construction Agreements has now been brought down to 0.5 per cent This was necessitated after drastic fall in revenue was noticed though real estate activity was booming. Obviously, due to the high stamp duty rate, parties were avoiding registration of such agreements defeating the very purpose of increasing the rate. Realtors said the government's decision will legalise property registration activities and check “shady transactions” which had been prevalent in the realty sector due to higher registration charges. This will be a win-win situation for both the consumers and the government since the revenues for the government will also increase significantly. It's the end users who were adversely affected on account of higher registration charges all these years.
The developers used to pass on the burden of higher registration charges to the customers. With this, properties had become unaffordable for people of middleincome groups. Moreover, it also encouraged builders and buyers to engage in shady transactions to avoid paying higher registration charges. “Instead of registering the properties, people opted for 'on-paper' transactions. The reduced stamp duty rates will legalise the entire registration process in the state. We consider it as a historical decision taken by the CM. We have demanding this for years,” said M. Vijaya Sai, secretary general of APREDA. The higher stamp duty on gift deeds had also prompted people not to go for registration of properties if it was transferred to members within the family. This issue has also been addressed by reducing the duty to 1 per cent from 5 per cent. Mortgage without possession in favour of government or local bodies or UDAs to ensure compliance to building/layout rules has been fixed uniformly at Rs 5,000 instead of the earlier 0.5 per cent; “other than above” has been kept unchanged at 0.5 per cent.
Stamp Duties in Andhra Pradesh Now Stamp Duty on Sale Deeds Sale Agreement with Possession Sale Agreement without Possession Sale Agreement cum GPA Development /Construction Agreement Development /Construction Agreement with GPA Mortgage with possession Mortgage without possession in favour of Government or Local Bodies or UDAs to ensure compliance to building / layout rules Gift Deed in favour of relatives Gift Deed in favour of others Partition Deed in favour of relatives (Limited to Rs.20, 000)
4% 4% 0.5% 5% 0.5% 1% 2% Rs.5000 1% 4% 0.5%
Before 5% 5% 5% 6% 5% 5% 0.5% 5% 5% 1%
INTELLIGENT BUY
Growing demand for Commercial Properties in Hyderabad
Hyderabad is the capital of Andhra Pradesh and has a twin city named Secunderabad. Known as the city of Charminar and the Salar Jung Museum, Hyderabad became an information technology and biotechnology hub to reckon with and houses multinationals and global giants in the IT, ITES, biotechnology and pharmaceutical space. It has promoted the "Hitec" city and is also referred to as Cyberabad. The city pages contain a wealth of information useful while buying, selling or renting a property. It is convenient for those on transfer or relocation as the property rates or market rates of various localities, areas and locations are listed mostly on "Rate per sq. ft." basis. Know more about the history of
Hyderabad, its population, housing and commercial space demand, property prices, how it is divided into various zones and sectors. Hyderabad's property markets are frenzy and are being driven largely by the rapid expansion of its information technology industry and the simultaneous growth of its middle class. Boom is being witnessed by the commercial property sector. Properties are being transacted at unbelievable prices. The land prices currently prevailing in IT spaces have shot up three to four times of what it was twothree years ago. Currently the city's commercial real estate market is valued at about 6000 crores now, and is expected to grow 30% annually. Hyderabad is all set to make a new mark in the next few years with large number of international companies are now to make significant investment in the city. This is
the reason why government and private real estate developers are focusing on developing commercial property establishments in Hyderabad. Today, both domestic and international investors find it very lucrative to invest in commercial property in the city as this sector is expected to grow manifolds. In the past few years, the IT sector in Hyderabad has witnessed tremendous growth in terms of huge investments and numerous career opportunities. Today, Hyderabad is seen as a hot investment destination among investors due to growing IT scenario. A large number of companies are eyeing on city to take optimum use of its skilled manpower at low cost. It enables companies to expand their business operations in the city and therefore provide innumerable job opportunities to individuals looking to Twin Cities
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INTELLIGENT BUY make a successful career. In order to meet the growing demand of commercial land in Pearl City, government is launching SEZ projects to promote commercial development. By making investment in real estate investors are definitely in an advantageous position just because on one hand it's highly profitable and on the other hand realtors believe that the time period for the return on their investment is definitely guaranteed. According to recent research on real estate in Hyderabad, it is revealed that demand for commercial properties in the city is likely to increase with more and more MNC companies opting to set up operations in IT SEZ and ITES SEZ. Due to the intense competition in the cit y industrial sector, the
occupancy rates have increased by almost doubled compared to earlier years. It is extremely difficult to predict the actual growth so companies are taking advantage of time and pay whatever price is fixed for a particular commercial property. Hyderabad real estate is one of the preferable markets in India. With the reasonable prices and booming market renowned developers are making a beeline to the city. Many new residential and commercial projects are coming here to fulfill the requirements of end users. Hyderabad has become the IT/ITES and BPO center. All major companies are setting their branches in and out of the city which further has increased the residential demands also. Luxury apartments and villas are coming up in large numbers in the Twin Cities 38 REAL ESTATE BULLETIN March 2014
suburbs of Hyderabad. The mostfavored spots for bungalows are Nizampet, Bachupalli, Kompally, Shamshabad, Medchal, Uppal, Nagole, Maheshwaram, Shameerpet, Srisailam Highway, Gachibowli, Banjara hills and Jubilli hills. There is huge demand for apartments and villas also, which are being built near major IT hubs, Shamshabad airport and outer ring road. With the coming up of many multinational companies and high scale salaries has change the life style this has increased the need of good malls and markets also. Numbers of retail malls and complexes are coming here in and around the city. The rates of shops in mall is around Rs 5000 per sq ft to
Rs 12000 per sq ft where as the rates of retail shops in local markets is Rs 4000 per sq ft to Rs 5000 per sq ft. Infrastructure of the city is also an important reason for the development. Coming Outer ring road and flyovers have reduce the traffic jam and connect the city with outskirt localities also. Real estate market of Hyderabad is expecting good deals in future with hundred percent results. Mr. Shiv Shankar Naidu Hyderabad real estate agent says presently the property rates are down which has increased the commercial and residential transaction. Rates of properties in Hyderabad are increasing exponentially. Though Hyderabad was always an important city of India however, this recent activity in real estate market in Hyderabad is seen due to the increased commercial activity. According to market experts, Hyderabad
real estate market is offering ideal opportunities to invest. There are many good opportunities available in residential as well as commercial properties. Hyderabad is the hub of several domestic and international companies. Many reputed companies have set up their base in this city for various good reasons. These companies include likes of Intel, Infosys, Hyundai, Oracle and others. The city has better infrastructure than other south Indian cities. Climate is moderate, connectivity is good, the city can expand in all directions; it houses all the modern features like malls, multiplexes, entertainment centers and others. These are the some favorable features which attract the potential buyers to the real estate market in Hyderabad. For middle income group people, there are good opportunities in suburban areas and outskirts of the city. Value in these areas is increasing fast due to fast development in the area. These locations include places like Medchal, Bowenpally, and Patancheru Road. Earlier demand of farmhouses has converted into the greater demand of big houses and apartments. Demand of flats and apartments is on increase in Hyderabad. Many professionals are moving to this city for various kinds of employment opportunities it offers. They need suitable accommodation to live in the city at affordable prices. In addition, they expect all the modern facilities in their apartments. Hence, builders and property developers are offering apartments and flats furnished with all the modern facilities according to the budget of the property. As many IT and ITES companies are getting into the city, the prices of property, especially flats and apartments have shot up. Hitech City, Banjara Hills and Jubilee Hills are the locations which command high prices of the flats and apartments. However, prices in of flats in outskirts of the city are still at lower side as compared to the properties in main city areas. With all said, it is for sure that people can get a comfortable flat or apartment in the city within their budget range. The price of Hyderabad property depends upon the size of, location, facilities and the developer. Some of the important factors that have driven investment in Hyderabad real estate include: Good infrastructure, better connectivity
INTELLIGENT BUY
with other cities, moderate climate, and modern features like malls, multiplexes, entertainment centers and others have made the city a favorite place for the investors. The IT boom has also resulted in a rapid increase in the real estate in Hyderabad, with requirement of more space for official complexes and residential places, not to forget recreational centers and shopping malls. The increase demand has consequently led to an increase in the prices too, whether it is a commercial property or a residential one. The growth in real estate of Hyderabad has attracted the interests of both foreign and local investors, as Hyderabad is the city that has timely delivered a big number of successful projects. Foreign Direct Investment (FDI) has experienced an exponential growth in the city, which has thus resulted in increased real estate activity in Hyderabad. The potential real estate companies are also venturing in properties in Hyderabad due to multiple factors aiding in the growth of the city. The investors these days are more interested in buying flats, apartments, houses, and other small properties, which can give them easy returns. However, the demand for luxurious villas has also risen among those investors who want to invest a large sum of money. Various action plans have been proposed by the Hyderabad Urban Development Authority (HUDA), which are about to come up for the profit of investors. Five major infrastructure plans have already been laid down to connect the Shamshabad airport with all major parts of the city, thereby reducing the travel time. To attract more and more investors in the area, the authority has already taken a major step of constructing a 4-lane; 11.66 km long, P.V. Narasimha Rao Elevated Expressway, between Aramghar and Mehdipatnam. The PVNR Elevated Expressway will be the longest elevated highway in India. Development of SEZs has proved to be a prime factor in the development of the city. With 40 IT SEZs, investments in real estate in Hyderabad are expected to reach Rs. 700 crores. This whooping amount denotes that the Hyderabad
properties will experience a potential growth of 50% during the current fiscal year.
10,000 per sq ft and goes above. The rental value in this area is Rs 30,00060,000 per month which is high in comparison to other commercial localities. Many new commercial projects are on the cards by big national developers. Raheja group has acquired 100 acres in GundlaPochampalli, Delhi based DLF has acquired 3 million sq ft land for commercial activities, Godrej Properties will be setting up an IT Park on 34 acres of land at Pattancheru, Parsvanath has a mall-cum- multiplex, and a hotel project coming up in the city, Ramkey group is venturing into commercial development in the city.
Posh areas like Banjara Hill, Begumpet, Tarnaka and Jubilee Hills are the most expensive areas of the city, where the capital prices of plot range from Rs 80,000-2 lakh per sq ft. Other outskirt areas like Nanakramguda, Manikonda, Gopanpally and some other areas have also become the areas of real estate investment. The prices of the properties in such areas are also shooting up on a rapid pace. Hyderabad real estate has all the elements that are required to meet all property requirements, whether it is plots, apartments, offices, commercial
Builders in India especially from
spaces, resorts, villas or apartments. Hyderabad real estate developers feel that, in next few years BPOs and call centers, software offices and back offices of financial institutions will occupy the maximum space. Property consultants expect the upward trend in prices to continue, even as the State Government frees up land in different parts of the city and the outskirts. Land availability will facilitate the creation of corporate office space. In Jubilli Hills, central business district of Hyderabad, capital prices of plot range from Rs 90,000 to 2 lakh per sq ft. Retail property in CBDs is around Rs 3,500- Rs 10,000 per sq ft. Multiplex are the trendy and upcoming way of commercial activities ranges from Rs
Hyderabad are riding on the boom created by spectacular growth of IT and relevant companies, and subsequent escalation in the demand of real estate properties in the city. The builders in Hyderabad are at the helm of all affairs leading to the successful termination of a residential project. The present scenario in the city is driving builders in Hyderabad to construct more and more are witnessing massive development with construction of Multiplexes, corporate offices, banks and shopping arcades are some of the commercial buildings that can be seen everywhere in the city. The property market is now swiftly picking up pace so much so that realty experts predict an upsurge in demand soon. Twin Cities
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HEALTHY HOMES
Healthy Homes Housing should provide an environment that is as safe and healthy as possible. Poor housing conditions can be a major cause of accidents and ill health. Tackling problems of poor housing to protect the health, safety and welfare of the occupants is a key environmental health priority.
A
â&#x20AC;&#x153;healthy houseâ&#x20AC;? is a dwelling wherein construction materials, furnishings, and operating systems do not contribute to the ill health of its residents. It goes without saying that we all want our homes to be healthy; unfortunately, some common household products, appliances, structural materials and energy improvements have had unforeseen negative consequences. Some of the health concerns related to building function and materials include reactions to pesticides,
fungicides, and herbicides used in and around the home; chemical sensitivities to substances found in paints and solvents, including lead-based paint; reactions to chemicals in building materials and furnishings, such as formaldehyde in carpeting or glues in fabricated wood lumber; reactions to mold caused by damp conditions; and human-caused pollution from smoking. Designed with sensitivity for the environment, it is energy-efficient, economical, sustainable, and non-
polluting.People in the Hyderabad spend about half of every day inside their homes. The quality of our homes greatly impacts our health. A healthy home can support wellness, while preventing disease and injury. An unhealthy one can contribute to numerous adverse health outcomes and limit quality of life. There are many aspects of a home that make it healthy. There are several attributes of a healthy home, and need to pay attention to each one of them to maintain proper
A few elements of a healthy home
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HEALTHY HOMES Food Safety: Food safety is an important part of maintaining a healthy home. Keeping the kitchen clean and handling food properly will help lower the amount of bacteria found in home. Make sure to always wash fruits and vegetables before eat them. Everyone should defrost meat, poultry, and fish products either in the refrigerator, the microwave, or in cold water that is changed every 30 minutes. When cooking meat, use a meat thermometer to test for a safe internal temperature before eating. Do not eat raw or slightly cooked eggs. Any leftovers should be refrigerated as soon as possible, but no more than two hours after cooking. Keep the refrigerator's temperature at 40°F or less. After each meal, need to wipe down the kitchen counters and clean the dishes within two hours of use. Let the dishes air dry before putting them away. Dish towels and sponges should be sanitized regularly, and wash the cutting board with soap and hot Home Maintenance water after each use.
Pest Management
the number of pests that get into the home. These include: getting rid of outdoor clutter and debris from around the home, sealing up cracks and holes, getting rid of standing water, and keeping weeds and tree branches cut back from the house. If pests still manage to get into the home, make it unfriendly to them by keeping the house clean, eliminating clutter, storing food in proper containers, and throwing away waste. Try to use the least toxic product available, and choose one that is designed specifically for the type of pests in the home
Water Safety Drowning is the second leading cause of unintentional injury-related death among children ages 1 to 14. Drowning can happen in a matter of seconds. A small child can drown in a very small amount of water. Toddlers have drowned in garden ponds, bathtubs, buckets, and toilets. Keep children out of the bathroom, except when they are directly supervised, and never leave a
liquid unattended. Empty these containers as soon as done with them.
Fire Safety: Fire is the second leading cause of accidental death in the home. Being prepared is the best way to protect family from fi re. Here are a few tips should keep in mind: Supervise children when they use kitchen appliances or any electrical devices. Use caution when operating space heaters. Place the heaters at least three feet from anything flammable. Be especially careful around furniture, never smoke in bed, and be sure cigarettes are completely out before toss them into the trash. Always keep matches and lighters out of children's reach. Keep light candles out of the reach of children and pets. Never place a lit candle near curtains or furniture, and extinguish them before go to bed or leave the house. Install smoke detectors on the ceiling or high on a wall, and make sure they are in working order. In case of a fire, plan an escape route and practice it often with children.
Reduce, Reuse, and Recycle: One of the ways to keep a healthy home is to produce less waste and to properly dispose of the waste do produce. Do this by following the three Rs: Reduce, Reuse, and Recycle. Reduce the amount of trash throw away and only buy as much of something as need. The old adage “One man's trash is another man's treasure” defines reuse. Reusing items by repairing them, donating them to charity or selling them reduces waste. Recycling includes collecting recyclable materials that would otherwise be considered garbage, sorting and processing recyclables into raw materials, and manufacturing raw materials into new products. Recyclable materials typically include: paper, cardboard, glass, metal, plastic, yard waste, electronic equipment, and food waste.
An important part of maintaining a healthy home is pest control. Insects and rodents can create a very unhealthy home. It's been reported that cockroaches spread at least 33 kinds of bacteria, six kinds of parasitic worms, and at least seven other kinds of human pathogens. They can pick up germs on the spines of their legs and bodies wherever they crawl and then carry these germs into food or onto food surfaces. There are many ways to reduce
child unattended in the bathtub. Keep the drain plugs out of the reach of children, so the tub or sink cannot fill with water. Toilet seat locks, safety gates, and door latches can also be used to keep children away from potential drowning hazards. People who have a pool or live near a body of water make sure to set strict rules about playing near those areas and never let child swim unsupervised. Never leave a container with even a small amount of
Ventilated: According to researches, indoor air in some modern houses may become more harmful and polluted than outdoor air in the biggest industrial cities. Excess CO2, dust, viruses, and our skin and hair particles, evaporations from furniture surface and construction materials, emitted toxins, smoke - all this creates an awful mixture that is simply not appropriate for breathing. But the problem is that we are all so accustomed to it that we don't even notice that. This Twin Cities
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HEALTHY HOMES is why it's important to make sure that breathe clean and fresh air at home: regularly ventilate every room, especially bedrooms, purchase an air conditioner and purifier. All house windows should be opened everyday for thirty minutes
Dry: Excess moisture creates great conditions for growing and spreading of mold, which destroys not only house, but health as well. Mold spores can cause strong allergic reaction, asthma attacks and other respiratory problems. Besides, wet surfaces are perfect for bacteria, viruses and insects.
Toxin free: In modern world, toxins are literally everywhere. Harmful chemicals are in the air, water, food, furniture, carpets, clothes, toys. But we want to make sure our environment is as toxin free as possible. With this in mind, prefer high-quality, expensive, natural materials for house, don't overuse detergents and household chemicals or even learn how to make own natural cleaning solutions, avoid purchasing plastic and rubber items with a strong smell, buy natural cosmetics and personal care products, avoid synthetic fabrics, especially for underwear, sleepwear and bed linen. In diet regimen, prefer organic ingredients, avoid highly processed and instant foods, and drink bottled or filtered water.
Interior Finishes: Decorative and interior features play a major role in creating a comfortable and healthy living space. The home is where we spend a great deal of our life, so it is important to keep it clean and content for a healthier environment. Stains, other Twin Cities
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materials assist with keeping harmful contaminants out of the home. Many homeowners will chose to go natural with real wood cabinets, bamboo floors and organic furniture. Wood floors are easier
to keep clean than carpets, and can be softened up with an organic-based fiber rub that is washable. Ergonomics usually refers to increasing productivity in the workplace by eliminating worker discomfort and fatigue, but has been steadily making its way into homesteads. Tools that are ergonomically designed, like kitchen utensils and gardening equipment, can reduce stress on the body.
Fill Home with Natural and Earth-Friendly Products: Products such as Organic cotton towels, linens, clothing, Mattresses, bedding, pillows, Cork flooring, wool carpet, Sofas, chairs, ottomans, Toys and games for all ages, Pet products, Soap and laundry detergents, Organic candles, home dĂŠcor accessories, Personal accessories and more eco-friendly products available on the market today. According to recent survey it has been revealed that family especially the kids are threatened with major health risks if the design or architecture, built and maintenance of home is improper. So while planning out a new home or a home remodeling or renovation makes sure that home planner or design architect makes use of healthier home building techniques and technology. This shall ensure that family and kids residing in such healthy homes are much healthier and safer! A home that maintains a healthy living environment is not only beneficial while currently living in
that home, but it has been shown that reselling prices reflect higher sell prices.
Why should we build a Healthy Home? The definitive view on what constitutes a healthy home seems to vary according to whether or not consideration is being given to the pure fabric of the house, so what is contained within the building materials being used for construction or to what extent a commitment is being made to incorporating energy efficient fuel and heating sources in order make the property as carbon neutral as possible and for the long term. In truth it is probably a combination of both and if we want to go to the purest of the green mile then whether or not choose an architect and trades people who are local and therefore have minimal carbon footprint due to distances travelled and selection of materials used. A healthy home is one that incorporates healthy design elements, non-toxic building materials, and proper construction techniques. It â&#x20AC;&#x153;breathesâ&#x20AC;?, emits no toxic gasses, and is resistant to mould. Some of the basic design elements of healthy home construction would be considered to be to have no bedrooms above the garage, excellent airflow and an abundance of natural light. There are numerous sources of information which will enable the builder to locate and purchase the best non-toxic materials available today, and to employ healthy building techniques to guard against mould and dangerous man-made and natural gasses.To construct a truly healthy home there needs to be much discussion and often compromise. That does not just mean compromise on price as often the price difference in using healthy products today has come much
HEALTHY HOMES closer and can often be negligible. It is important to choose a builder who is knowledgeable with the products available today and can advise on whether or not a slightly more expensive one will be more efficient and possibly last longer. The manufacture of products changes constantly and will need advice from someone who truly knows and understands the strengths and weaknesses of the products available. People will also want to insure that he or she actually uses the non-toxic products specified and signage to post around the construction site to inform workers that they're building a healthy, non-toxic house and that other products should not be used. The criteria for a healthy home generally include the following attributes: predominantly, reduction of exposure to chemicals through use of non-toxic building materials and products. Mitigation of mould and rot by employing proper building techniques and materials from foundation to roof. Utilization of passive airflow, day lighting, and fresh air exchange through proper placement of windows and doors. Location of areas of high toxicity and combustible materials away from bedrooms and primary living spaces. The benefits are homes that are safer, more comfortable, and require less maintenance. A healthy home is also more energy efficient, and therefore incurs lower monthly operating costs! Indoor air pollution from dangerous chemicals has been linked to the dramatic rises in childhood asthma and respiratory diseases, and chemical sensitivity in adults. Relatively few of the chemical compounds used to create or treat conventional building materials have been tested for their effects on humans, and almost none for their effects on children. Many of the most dangerous compounds are commonly found in conventional building materials. New homes are constructed with products and materials that are either made of, or have been treated with, a whole host of chemicals. But people can now build the same home with high-quality, durable, non-toxic products and
materials, at often no additional cost! Many healthy materials now cost no more than conventional products, thanks to increased demand and production. Energy savings alone can make up for the extra cost in the short term, and provide significant savings over time. The real estate market in the Hyderabad claims that a healthy home is 5-15% more valuable than a conventionallybuilt home, thus providing a substantial gain if and when decide to sell. High efficiency eco heating and hot water systems the balance between a combinations of systems depends upon the age, style and level of insulation in the home. It is not intended that the heating and hot water systems discussed here reflect an opinion of which system is more efficient. An expert is required who will calculate the saving in CO2 emissions based upon performance of the system or systems installed and the insulation within the home. However whichever route is taken, all
contribute to building a healthier home. Housing has a significant and sustained impact on people's health, perhaps just as much impact as policies or programs that focus on promoting â&#x20AC;&#x153;healthy livingâ&#x20AC;?. Variations in health status among population groups remind us that health and well-being have complex causes. Effectively incorporating health and well-being into housing helps communities to develop resilience and support residents that most need help.From a community perspective, meeting housing needs is not only a human rights issue, but also a cost issue. People who are socioeconomically disadvantaged tend to have unmet housing needs, and the individual price they pay is higher death rates, poor health, and being at risk for higher likelihood of serious chronic illnesses. The social cost of not meeting housing needs is also high, trickling down to paying for resulting cumulative costs of health care, services, and institutional care.Governments have a responsibility to provide citizens with the building blocks of health. Local government leadership, policies, and actions is key to meeting residents' housing needs, and thereby positively influencing health outcomes by: encouraging design, construction, and maintenance of healthy homes across the housing continuum. Working with other agencies to create housing that meets residents varied affordability criteria and special needs and developing a healthy community context for housing.Maintaining a good and healthy atmosphere at the residence is an important task that is directly related with the health and hygiene of the people who live in these houses. According to the budget and lifestyle, people can choose which aspects that they want to incorporate to accomplish a comfortable and healthy home.
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LOG ON TO
BUILDPOWER.IN
& REDEFINE BUILDING MATERIALS BUSINESS
HOUSING
Small House plans fit
Big Dreams
W
ith today's economy and the call to live more efficiently, Small home plans and Affordable house plans are becoming increasingly popular. Affordable small house plans are compact and practical. Small house plans can still fit big dreams. Plans in this collection are ideal for those looking to
build a smart, flexible, cost-efficient, and energy-saving home that fits anyone family's needs without expensive excess square footage. Small homes are more affordable and easier to build, heat, cool, clean, and maintain. Since a small home is usually more affordable because of lesser costs for land, materials, and labor, people may be in a better position to invest in high-quality windows, flooring, and appliances. By simplifying lifestyles and striving for more sustainability today the savvy homeowners planning to build a new home are choosing small home floor plans for both economical and practical reasons.
Small home plans for stylish and comfortable living Smaller homes are easier on the environment to build and maintain, have more reasonable energy costs, and lower mortgages so people will have more money for the things they enjoy while also helping to preserve the planet for future generations. With a trend moving toward small homes, new designs and plans include innovative ideas for maximizing space so these houses seem comfortable and spacious rather than crowded and cluttered. People will find that a little goes a long way when they use the area they have efficiently and to its full potential. Today, there are some great shelving units and storage systems that will help customize closets and make the most of space. Loft beds with shelf units or desks underneath are perfect for children's rooms and help reduce wasted or unused areas. Consider built-in bookcases or work stations, stowaway beds, or tall, narrow dressers and wall units that focus on a vertical look while occupying less floor space. They can also accessorize with thin sleek lamps and cabinets that are eye-catching and tasteful Twin Cities
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HOUSING without being overbearing or shrinking the appearance of a room. People can also optimize a smaller area and turn less into more with the right choice of furniture. Putting wheels or castors on sofas and tables, or choosing lighter, more compact furniture that is easy to move will allow people to re-arrange for different events so individuals can still entertain a large crowd without feeling stuffy and cramped. Whether they are wanting to downsize and simplify, or are looking for a way to live in style and comfort while still staying within a budget, small home plans can provide everything they need and desire and make a smaller house feel like a luxury castle.
Small House Plans for Savings Those who delight in smaller homhes will also delight in smaller bills. As the cost of energy increases, more and more home buyers consider settling into a small house designed with efficiency in mind. By choosing to build small home plans, homeowners save significant amounts of money from the outset on construction costs, and also reap savings throughout the course of their residence through lower energy costs. Choosing small home plans may be the easiest way to step into serious savings, and the qualitative sacrifice may be surprisingly insignificant. Those who choose little over large when it comes to their home may sacrifice some decorating space, but they need not sacrifice quality of life. True, many equate bigger with better, and may not feel accomplished until their hallways echo with each footstep. Others, however, find that small house plans can provide all the
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essentials necessary for enjoyable living. Smaller home plans are a great solution for those who find comfort in a cozy dwelling.It is also worth noting that saving money with small home plans can also help save the Earth. In times of increasing environmental awareness, the "super-sized" home plans may in time bear the nasty label, "anti-green." The footprint of large homes consumes more acres of land, and a big house may end up draining an unnecessary amount of energy. A small house built with the environment in mind can, in the long run, save the owner a bundle by maximizing energy conservation. Thus, a relatively symbiotic relationship can be achieved between small home plans and the planet. Those who truly wish to "go green" with their home can opt to add additional energy saving features such as energy
efficient windows, appliances and solar powered heating and cooling systems. Those who dare to go green with their home plans may in fact be pioneers of upcoming global housing trends. The smaller the house does not mean the lesser the home, but the smaller the bill the better! Since less house space means less out of pocket costs and more energy to share with others, consider small house plans, for people and the world at large. How to Make the Most Out of a Small Living Space: There are a number of ways to design small house plans to maximize the amount of space available. These approaches are particularly important in urban areas where space is very limited. Most architects who design plans for small houses know the tricks of the trade needed to make the rooms and space look larger. However, a homeowner should also be educated on the different approaches and techniques for the interior design to make the best use of tiny house plans. A common characteristic of small house plans is an attempt to make the room seem like it is bigger than the actual footage of the room. One of the ways architects compensate for the square footage in small home plans is to build high ceilings, thereby making the space feel larger regardless of the actual square footage. There a number of design tools a homeowner can apply to accent this feature. The owner can create a
HOUSING
horizontal border across the room and paint the lower half a slightly darker color and top half a lighter color. This creates a visual illusion of more height. Homeowners can also compliment their small home plans by buying small paintings that are similar in size and hang them in a vertical line in a prominent area on the wall. This also creates an illusion and draws the focus to the vertical height rather than the length or width. Another facet homeowners must consider when deciding how to use their small house plans is the placement of furniture. A common mistake made by interior designers for small house plans is using large furniture that does not fit the space. A huge, overstuffed couch may be a beautiful piece, however in a small space it becomes overbearing. It is important to understand about these plans that every inch is important. Homeowners must avoid over decorating the rooms to compensate for the size, as the over decorating can emphasize the smallness of the area. The best approach to design for tiny house plans is to keep the furniture and decorations minimal. The furniture should also range in height. A large lamppost next to the couch will make the couch look less cumbersome. Instead of a heavy bookcase that takes
up space, homeowners should use shelves for their books that vary in height, thus saving space and creating a visual illusion.
Keys To Finding Great Small House Plans: The world is running out of space for people to build their dwellings on. As a result of this, people today need to plan their buildings carefully if they want to truly maximize the space that they have. What peoples need for an endeavor like this is a great small house plan. However, because of the demand for small house plans today, a person faces a lot of different choices. What individuals need is a guide to help they pick out which type of small house plan ought to be getting.
Here are some key tips to help people with this: Check the source: Although a lot of different companies offer to give some small house plans, checking out the source will definitely help people make sure that the small house plans people are getting are actually usable. By making sure that individuals get small house plans from legitimate professional sources, then they will be able not only to assure the aesthetic quality of the home that they are building, but they will also be able to
make sure that the house is structurally sound as well. Check the cost: Of course, people have to remember that obtaining the small house plants is just the first step in actually building the home. Because of this, they need to make sure that the plans are not too expensive. Otherwise, they will be stuck with huge pieces of paper to use as construction materials and not much else. Checking the different costs of small house plans will help people make sure that they will end up with something that they can actually afford to build. Check the timetable: What most people are concerned about when building a new house is the time it will take before they can move in. Because of this, they need to check any small house plans before use them. Usually, these plans have a certain timetable telling people which tasks are supposed to be finished and when. By checking the timetable, they will be able to allot the right amount of time and actually make sure that they don't end up with a half-finished project when people really need the house to be habitable. Whether people are building a primary residence or vacation home, they will be amazed at how a small home can fit just right.
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INVESTMENT GYAN
Investment In Luxury Properties
L
uxury properties are one of the areas where there is still some movement in the market, and many investors are placing their faith in bricks and mortar at present, as opposed to the volatile stock markets. How to Find the Right Luxury Property? Having worked so hard entire life, it is time for to reward with something good deserve. Whether folks are looking into resale units, rental housing or completely new developments, the number and types of luxury property available in today's markets are aplenty. In other words, finding the right luxury property for those should be a simple and easy process if they are looking for one today. The real estate industry is booming today, as property prices are on the rise and a single drive down the highway or almost anywhere reveals massive Twin Cities
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construction works that are underway. More and more property development projects are taking place to cater to the needs of the people today. People may have just gotten married or are thinking of investing in a property, whatever their circumstances are, should be aware that luxurious residences have gradually become the preferred choice of many. Other than the modern and new facilities that most luxury property promises, they also ensure a safer and more desirable environment or neighborhood one can live in. This is because most are built in areas that have comparatively better security infrastructure and settings. Thus, many have invested in them due to such various long-term considerations. People should always take time to plan and research the real estate options
that they have. Check finances and see which type of residence is a more suitable. For instance, would renting or buying be a more viable option for one? Never be in a rush to make such an expensive decision, and instead seek advice from real estate agent or any other property expert to see if he is getting a good deal. There are various types of luxury properties available today. They are: condominiums, semi-detached houses, serviced-residences, high-rise apartments, mansions and other private houses. As such, depending on people personal preference, most of these properties should be able to satisfy their housing desires and needs. Take into consideration the location of these residences, whether they are near work place or children's schools. Are they accessible or require spending long hours commuting from place to place? Also, individuals may wish to look into the types of amenities that are available in the vicinity. People need to see if they are able to suit their family's needs and interests. This is because both factors play an important role in determining whether the asking price is indeed worth its value. If people wish to indulge in the comfort of a luxurious home, then they have to be prepared that finding the right luxury property for their requirements a
INVESTMENT GYAN income coming from their property. Those who rent the luxury property from people will make an effort to take care of it much more than they would with a bog standard property. In addition to the above perquisites, luxury property investment can also allow the owner to make a much higher return on their investment over time, because of the type of property they are investing in. People are attracted to luxury homes because of their aesthetic appeal and secure locations. Some luxury homes have an automatic gate, making them ideal as a family home or for conferences and events.
lot of time and energy. Individuals should read extensively on the types of properties available, gather research from various property portals, consult experts or agents and even visit forums to learn about what is hot and what is worth their money. Also, ensure that they follow the correct legal procedures and regulations when making their purchase or rental. Reasons for Purchasing a Luxury Property: For many people working a 9 to 5 job on an average salary is not enough to buy a house in an ideal location. Under the current economic climate most people would find it difficult to even qualify for a mortgage and so fall into the cycle of renting or living with parents. The problems involving the financial market affects everyone and unfortunately there are very little people can do about this, especially if they are not earning enough to secure their foot on the property market. Recently a new method of investing has popped up, an unlikely turn of events but one that is proving to be a worthwhile risk. Some people have turned to luxury property investment, even if they are not earning enough to qualify for a mortgage that will cover for a luxury property. There are methods of doing this without having to muster up a huge amount in deposit. There are more reasons to make an investment in
this than there in normal property investment. Luxury property investment is something that moves in a cycle, much like normal property investment with people saying that now is the best time to invest. Price of a luxury property is significantly lower than a normal semi detached house in the city, making them a good choice for investment. Luxury properties have been considered to provide better stability than any other because the prices do not suffer the same dips as the normal property market and it is an investment that very rarely fails. There is also much more flexibility and can be a secure retirement villa for the future. Until the time for their retirement they can rent out the property and if the property is in a luxury location then the rental price may increase over time. This will mean that they will have a monthly
Reasons to Consider Luxury Property Investment: With a challenging economic climate and the green shoots of recovery still at a wobbly stage, a luxury property investment might not scream Buy! However, many people believe various things have conspired to create the ideal investing time slot. 1. Luxury property investment is an industry that moves in cycles, with good and less-good times to make an investment. Right now, many believe that now is the best time to invest, with many people being motivated to sell of their properties for prices significantly below what they paid. 2. It is considered by many that luxury property investment is a sector that provides very good stability. Prices for such properties do not suffer the same dips and peaks as other industries do. It is a long term investment that rarely fails.
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INVESTMENT GYAN 3. One of the other benefits of luxury property investment is that it offers a very good level of flexibility. People can choose a property as their ideal retirement villa, but until they do actually retire - they can rent it out by the month or by the year. This means they have an immediate income from the property, as well as keeping hold of it until with the price rises or they decide to live there. 4. There is some peace of mind associated with luxury property investment as those who rent them tend to look after the property significantly better than those who rent lower grade properties. This can make they feel a lot more relaxed especially if they plan to live in the property themselves. 5. Individuals who have made luxury property investment can quite often make a higher rate of return compared to other forms of rental, because they can charge a higher rental. If they property is located in a coveted place, then this rental price can go up. 6. Higher security is one more benefit that makes luxury property investment quite popular, as many of these houses are gated and some of these communities have their own security force as well. It can certainly give a certain level of peace of mind for those considering such an investment. 7. The lure of luxury property investment also extends to being able to provide a business reward for a job well done - or even a place in which to conduct a business meeting or conference. There are few things more impressive than a luxury house or villa in the sunshine to woo their business associates! The Need for Privacy When Selling/buying Luxury Properties: Privacy is of the utmost importance when selling a luxury, high-end property. Both the sellers and buyers of these properties need to feel that their privacy is being protected as they look for a new home or try to sell their existing property. Buyers and sellers who are in the public eye will want to keep the location of their properties or of their potential new homes quiet in order to ensure their security and privacy. It will therefore be important for Realtors handling such highend properties to be discreet about their clients. Twin Cities
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Many clients will also need to keep their reasons for selling private when they are placing a high-end property on the market. If an owner of a major corporation or international business needs to put their home up for sale due to financial difficulties, for example, then it could put their business at risk if this became widely known. Celebrity homeowners and other
public figures need to sell up for personal reasons such as divorce may also need to keep their reasons for selling quiet. It will also be important for many sellers to keep their homes as private as possible. Many millionaire homeowners value their privacy highly and will not be happy to have large numbers of potential viewers traipsing through their homes. There are also other reasons for being careful about letting potential buyers into a luxury home. Some people may want to see the property even though they have no intention of buying it, and probably could not afford it if they wanted to. Luxury homes and the expensive property that they contain can attract time wasters who just want to look around and see how the millionaire owners live. They can also attract burglars who
want to look around so that they can identify anything that is worth stealing and take a look at the security and alarm systems. Realtors must restrict access to luxury properties in order to ensure the privacy of their clients. Viewings should only be offered to clients who have been proven to be seriously interested in buying the property, and they should be arranged so that the Realtor shows the buyer around the property instead of the homeowner. This will prevent the buyer from asking any awkward questions, such as about why the property has been placed on the market. It is not a good idea to hold an open house in a luxury property since this may attract time wasters and criminals. Any viewings that are arranged should be private ones. In many cases, it will be agents or other Realtors who attend the viewings of luxury properties, rather than the potential buyers themselves. Holding a viewing for Realtors who specialize in luxury properties can be a very effective way of finding buyers for a high-end property. The needs of the seller need to be balanced against the needs of the buyer, however. Buyers who are seriously considering buying a luxury property will want to find out as much as they can about the house before they commit to making the purchase. It is important for a seller to be willing to provide as much information about the property as possible to buyers who are really serious about it.
BUILDING TECHNICALS
Sand for Construction Works Sand is one of the most general materials on the earth's surface. The construction aggregate industry is the largest consumer of sand for use in concrete and asphalt products.
N
ow-a-days good sand is not readily available; it is transported from a long distance. Those resources are also exhausting very quickly. It is essential to know what type of sand is useful for construction purpose as sand is also classified into three different forms that make it suitable for specific type of construction.
Various Types of Sand
Pit Sand Sea Sand River Sand Pit Sand (Coarse Sand or Badarpur) Pit sand is obtained by forming pits into soil from 'Quarries'. It consists of sharp angular grains which are free from salts. It is coarse sand which is usually used in concreting and has reddish yellow color normally. River Sand This sand is obtained from banks or beds of rivers. River sand is fine and consists of fine rounded grains. The color of river sand is
almost white and Grayish. River sand is usually available in clean condition and is used for plastering. Sea Sand This sand is obtained from sea shores. It has fine rounded grains and light brown color. Sea sand contains salts which attract moisture from atmosphere. Such absorption causes dampness and disintegration of work. Sea sand also retards setting action of cement. Due to these reasons, sea sand is generally avoided for engineering purposes. It is used only as a local material for nonstructural purposes. So, it is a need of the time to find some alternate to natural river sand, i.e. Artificial sand. Artificial sand The artificial sand formed by suitable machines can be a better alternate to river sand. The sand must be of proper gradation.
When fine particles are in suitable proportion, the sand will have fewer voids. The cement quantity necessary will be less. Such sand will be inexpensive. Demand for manufactured fine collectives for making concrete is rising day by day as river sand cannot meet the growing demand of construction zone. Natural river sand takes millions of years to form and is not repleneshible. Because of its restricted supply, the cost of Natural River sand has sky rocketed and its reliable supply cannot be assured. Under this conditions use of manufactured sand becomes inevitable. River sand in many regions of the country is not graded correctly and has excessive silt and organic impurities and these can be harmful to durability of steel in concrete whereas manufactured sand has no silt or organic impurities. However, lots of people in India have worries about quality of concrete or mortars when manufactured or artificial sand are used. Manufactured sand has been frequently used to make quality concrete for decades in India and abroad. For instance, Pune Twin Cities
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BUILDING TECHNICALS sodium hydroxide or caustic soda is added to sand and stirred. If the color of solution changes into brown, it shows presence of impurities. Fine sand should consist of natural sand or crushed stone sand. It should be hard, durable, and clean and be free from organic matter etc. Fine Sand should not contain any appreciable amount of clay balls and damaging impurities such as alkalis, salts, coal, decayed Vastu Aspects of River sand: vegetation etc. The silt contents should not Today, Vastu Shastra is more popular, exceed 4%. consults Vastu by many people while Features of good quality sand: constructing a house. As per Vastu Shastra, Different construction works need the building material must be free from different standards of sand for traces of human or animal body. The river construction. Finest modulus of fine sand sand contains bones of human beings and for Brick Works should be 1.2 to 1.5 and animals. The shells are also a kind of bone. silt contents should not be more than 4%. It is not easy to take out all such things Finest modulus of fine sand for Plastering present in the river sand. Hence, the best Works should not be less than 1.5 and silt solution for this is to use artificial or contents should not be more than 4%. crushed sand of good quality for human Coarse sand for Concreting should use well being. with finest modulus 2.5 to 3.5 and silt Environmental Impact: contents should not be more than 4%. The River sand lifting from river bed, Running sand: impact the environment in many ways. If running sand troubles come out on Due to digging of the sand from river bed or near your property, inform your decreases the water head, so less insurance company, mortgage lender or percolation of rain water in ground, which landlord. Get expert advice from a result in lower ground water level. The correctly qualified specialist such as a roots of the tree may not be able to get chartered engineering water. The rainwater geologist, flowing in the river Classification of Sand geotechnical engineer contents more or structural surveyor. o Fine sand = 0.075 to O.425 MM impurities. If active running sand o Medium sand = 0.425 to 2 MM Annoyance due to is not happening but digging for sand & o Coarse Sand = 2.0 to 4.75 MM the ground has a lifting, Destroys the potential for running flora & fauna in sand being present surrounding places. The linking village this should be taken into account before roads will get poorly damaged due to over designing new buildings or changes to land loading of trucks, hence, roads become use to take difficulty to road users and also become professional advice accidents prone. Reduce of Natural Rivers before starting or river beds, not available for future foremost building generations. work. Maintain Check quality of sand for construction: water pipes and To check the quality of fine aggregates drains in excellent or sand; put some quantity of sand in a form. Do not glass of water. Then it is vigorously shaken dispose of rain or and allowed to settle. If the clay is present surface water to in sand, its distinct layer is formed at the soakaways near top of sand. To detect the presence of buildings. Do not organic impurities in sand, a solution of Mumbai expressway was entirely built using artificial or manufactured sand.
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52 REAL ESTATE BULLETIN March 2014
dig holes below the water table near buildings. Soaring sand prices jack up construction costs in Hyderabad: The two-month long protests in Seemandhra, which only intensified in the past few days, is giving restless nights to
While the sand prices stood at Rs 1,100 per tonne last month, it is currently being sold at Rs 1600 per tonne. local builders and property developers, owing to soaring sand prices ensuing in rising construction costs. Dealers said sand prices have increased by about 50% in the past several weeks caused by poor supplies from coastal Andhra due to the transport strike. While the sand prices stood at Rs 1,100 per tonne last month, it is currently being sold at Rs 1600 per tonne. In Hyderabad, at least 500 big to mid-sized projects have been affected due to the transport strike and the rising costs of raw materials. Local builders rue that construction prices have gone up by Rs 20 per square feet. "As it is, the market is far from being in a good shape. The spiraling costs will have a huge impact on the construction sector," said Ramachandra Reddy, joint secretary of CREDAI-Hyderabad. "Those who have already started their projects have no option but to go ahead with their plans as have to accomplish the dedication given to their customers. However, they have to contend with less-than-expected profit margins," he added. Industry specialists said the present situation will inevitably lead to higher property rates. "The prices may go up further in the coming days if there is no end to the agitation," said a sand dealer from Kukatpally. "The protestors there are
BUILDING TECHNICALS stopping all transport vehicles," he said. R K Narra, chairman, Greater Hyderabad Builders Federation said those starting new projects will sell flats or houses for a higher rate. "Already there are no buyers and if prices boost, then the market situation will worsen," he said. Meanwhile, sand dealers said compared to least five Lorries of sand which would come to the city everyday, prior to the agitation, not more than three arrive in the city of late. "When I enquired I was told that workers are not reporting to work at these sand mines. The labour costs have therefore increased" said another sand dealer from Auto Nagar. Many builders are learnt to be using filter sand for construction to beat the high costs of river sand. The usage of filter sand has been banned by the government as it was found to have less compressive strength and life leading to cracks. Nevertheless, it is still sold after being extracted from ponds and artificial water bodies on the outskirts of the city at almost half the price of the river sand. "The government has to do something about it as they also stand to lose from this situation. The government gets key profits from excise and registrations. However, thanks to the construction costs, there will be few registrations now," Narra said. Issues with Manufactured Sand: The Civil engineers, Architects, Builders, and Contractors concur that the river sand, which is available at present, is lacking in many compliments. It does content very high silt fine particles. Presence of other impurities such as coal, bones, shells, mica and silt etc makes it inferior for the use in cement concrete. The decay of these materials, due to weathering effect, shortens the life of the concrete. Today, the Government have put ban on lifting sand from River bed. Transportation of sand damages the roads. Removing sand from river bed impact the atmosphere, as water table goes deeper & ultimately dry. Sand Mafia: Do not pay royalty and service tax and local tax and supply send to contraction site is known as Sand Mafia. Sand is considered a â&#x20AC;&#x153;minor mineralâ&#x20AC;? under Indian law, unlike coal, diamonds or gold which
are classed as most important minerals. The extraction of minor minerals is governed by state rather than federal laws. The sand-hungry construction industry uses the material to mix with concrete and for making bricks. Construction contributed 9.8% to India's gross domestic product in 2010, up from 8.4% in 2006. According to the Planning Commission, investment in infrastructure needs to increase to 10% of GDP by the fiscal year ending March 31, 2017, from 8% five years earlier, if India is to continue to develop. The state government has the power to make rules preventing illegal mining, and regulating the transportation and storage of minerals like sand. These can include putting in posts for checking minerals in transit and weighing the quantity being transported. AP Govt introduces new Sand Mining Policy: Andhra Pradesh Government introduced a new Sand Mining Policy under which the old system
Andhra Pradesh Government introduced a new Sand Mining Policy under which the old system of auctioning has been dispensed with and a lottery arrangement put in place.
of auctioning has been dispensed with and a lottery arrangement put in place. Based on the recommendations made by a Group of Ministers, which reviewed the sand mining policy in the light of the Supreme Court's verdict banning indiscriminate quarrying, the Industries Department issued an order today framing the revised policy guidelines. The policy, if implemented effectively, will curb the growing activities of the sand mafia in the state and make sand available to all at an affordable price, officials said. The Government Order issued by Principal Secretary (Industries) D Sreenivasulu said the existing norms of the Andhra Pradesh Minor Mineral Concession Rules, 1966, were being rescinded to regulate sand quarrying activity. "Allotment of feasible sand-bearing areas shall henceforth be through a selection process by way of draw of lots.â&#x20AC;?Extraction of sand shall be by manual means only and use of machinery shall not be permitted except in specific sandbearing areas where there is no impact on groundwater table," the Principal Secretary maintained. For the first time, the Government
issued guidelines for sand mining in private lands along the river beds. Only farmers who own the sand-casted land will be permitted to quarry and sell it after paying seigniorage fee to Government. The Director of Mines & Geology has put the requirement of sand during 201213 for constructions or civil works in private and Government sectors at 218 lakh cubic meters and 230 cubic meters, respectively. The district authorities have been asked to identify new sand reaches.
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CMR
CURRENT MARKET RATES Powered by acharate.com RATES AS ON 28.02.2014 ( Rates are subject to minor change as per market conditions)
CEMENT ULTRATECH CEMENT 53Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 230 AMBUJA CEMENT 43 Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 260 RAASI CEMENT 43Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 195 BHARATI CEMENT 53Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 265 DIVYANI MARKETING :- H.No:1-4-176, Beside Narayana Hotel Management College, Near Loyola Jr. College, Alwal, Secunderabad. Ph: 040-65900000.
STEEL Size : 6mm Per Tonne : Rs. 42,500 Size : 8mm Per Tonne : Rs. 42,500 Size : 10mm Per Tonne : Rs. 42,500 Size : 12mm Per Tonne : Rs. 40,600 Size : 16mm Per Tonne : Rs. 40,600 Binding Wire Per Kg : Rs. 58 BALAJI STEEL TRADERS :- H.No:-#3-4-897/1. Main Road Beside Indian Oil Petrol Bunk Barkathpura Hyderabad. Ph:- 9603221725/ 9848087244
PAINTS 1) Asian Paints ACE EXT Emulsion 20 Litre Rs. 2600 2) Asian Paints Apex Ext Emulsion 20 Litre Rs. 4310 3) Asian Paints Premium Emulsion 20 Litre Rs. 4620 4) Asian Paints Tractor Emulsion 20 Litre Rs. 2200 5) Asian paints P. Gloss Enamel 20 Litre Rs. 3480 KALPANA PAINTS & H/W MART:- #5-1-1018, Near Ram mandir, Gowliguda, Hyderabad-15. Tel:- 040-24606116.
BRICKS Light Weight Brick : Heavy Weight Brick :
Rs. 5.50/ Brick Rs. 4.50/ Brick
SAND Vijayawada Sand :
Chirala(Silt) Medium Filter Sand (12-13 Ton/load) : Red Sand : Murhum Filling (Big Truck) :
Rs. 1250 / Tonne Rs. 1150 / Tonne Rs. 9500/ Truck Rs. 1400/ Truck Rs. 1600/ Truck
METAL Size : 20mm Size : 25mm
Rs. 650 / Tonne Rs. 650 / Tonne Rs. 650 / Tonne Size : 40mm Rs. 650 / Tonne Size : 60mm Rs. 700 / Tonne Stone Blocks Rs. 13 / Block K.G.N.S. BULIDING MATERIAL SUPPLIER :- #18-1-510/5/A Opp: Abubakar Majid, Phool Bagh, Chandrayangutta Hyderabad-05. Ph: 9392400636/9392401636. Twin Cities
300 Sft 200 Sft 300 Sft 300 Sft 100 Sft
54 REAL ESTATE BULLETIN March 2014
MARU ELECTRICAL ACCESSORIES MIRACLE MODULAR Code 026 028 029 031 032 033
Description Rs Per Pc. INDICATOR / 6A. SOCKETS Indicator 19.50 2 Pin Socket 18.50 2 Pin Conv. Socket 24.00 2 in One Socket 27.00 2 in One Socket(Two 2 Pin) 27.00 2 in One Socket (Two 2 Pin Conv) 22.00
PKG 20 20 20 10 10 20
ACCESSORIES 10 A. Kit-Kat Fuse 32.00 20 16 A. Kit-Kat Fuse 38.50 20 T. V. Socket (Switch) 27.00 20 2 - L. Tel. Jack (Switch) 46.00 20 2 x 2 - L. “ (Socket) 67.00 20 6 A. S. S.COMBINED (With J. Box) 043 F.T. 2 In One S. S. Comb. 52.00 10 044 Sur. 2 In One S. S. Comb 67.00 10 080 F.T. 2 In One S. S. Comb. 71.00 10 PREMIER Electricals:- S.No:-7, Budha Bhavan, MCH Complex, Ground Floor, Block, “ A ” M.G. Road Secunderabad-500003. Contact:-917737092/ 9246543729/9490410049. 034 035 036 040 015
Blue Apple Club Plywood ( IS: 710) 100% Gurjan 19mm Rs. 80/Sft. 12mm Rs. 60/sft 9mm Rs. 48/sft 6mm Rs. 43/sft Blue Apple Corporate Plywood (IS: 303) BWR Grade 19mm Rs. 69/sft 12mm Rs. 51/sft 9mm Rs. 39/sft 6mm Rs. 21.50/sft Blue Apple Plywood ( IS: 303) MR Grade 19mm Rs. 67/sft 12mm Rs. 39/sft 9mm Rs. 37.50/sft 6mm Rs. 29/sft Project PLY (IS: 303) Hardwood MR Grade 19mm Rs. 46/sft 12mm Rs. 36/sft 9mm Rs. 32/sft 6mm Rs. 25/sft SRI SAI SALES CORPORATION PLYWOOD & HARDWARE :#1-4-970/A/5, Sattar Bagh, Commercial Complex, Bakarm Road, Hyd-500048. Phone: 040-66745613/ 66746919. GLASS Texture Acid Work 150 Rs/Sft Acid & Air Brushing Work 380 Rs/Sft Bevel Fusion Work 450 Rs/Sft Crystal Acid Work 405 Rs/Sft Air Brushing Work 370 Rs/Sft Etching Work 35 Rs/Sft Reverse Etching Work 80 Rs/Sft White Acid / N.R. Work 90 Rs/Sft 12mm Clear Glass Per Sft. 100/- 10mm Clear Glass Per Sft. 95/8mm Clear Glass Per Sft. 70/- 6mm Clear Glass Per Sft.50/5mm Clear Glass Per Sft. 42/- 4mm Clear Glass Per Sft.34/NEW DECCAN GLASS CORPORATION :- #5-3-964, barkat Building Complex Nizam Shahi Road Hyderabad-500012. Phone: 9290459786 / 9032314786.
AP to take up massive urban infra development programme The state government is planning to take up massive programme for urban infrastructure development to improve the living standards of low income groups and their economic development. This is as part of efforts to face the challenge of steep rise in population in urban areas with growth pegged at 33.5 per cent in the state against the national average of 31 per cent. The urban population in AP is projected to increase to 45.5 million or 4.55 crore by 2030 constituting 46 per
cent of total population. The state government has prepared detailed estimates of required investment in eight sectors which include water supply, sewerage, solid waste management, storm water drains, urban roads, urban transportation, traffic support infrastructure and street lighting. Based on the estimates made by the high power expert committee on urban infrastructure services, the per capita investment required in the state in the next six years (2014-2020) is Rs10, 846 on each
individual, amounting to Rs 30,695 crore. Part of the focus would be on Energy Efficiency measures to further improve power supply situation in Urban areas for which Govt. of AP/Utilities initiated a major programme of Restructured Accelerated Power Development and Reforms Programme (R-APDRP) with an investment of Rs 1,880 crore for development of IT and Supervisory Control and Data Acquisition (SCADA), System improvement works like REAL ESTATE
SERVICES GUIDE
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)RESORTS 19) SECURITY SYSTEMS 20) STRUCTURAL ENGINEERS 21)SERVICE APARTMENTS 22) VASTHU 23) VENETIAN BLINDS / VERTICAL BLINDS 24) WIRE MESH 25)WATER PROOFING
ARCHITECTS AJAY DESIGNS Architects & Interior Designers. H.No: #7-8, Sai Ram Complex, Above Andhra Bank, Dilsukhnagar, 'Xâ&#x20AC;&#x2122; Roads, Hyd-60. Tel: 9848293850. ajaydesigns@yahoo.com. GEET H.No: 441, 4thFloor, PVT Market, Dilsukhnagar, Hyd-36. Tel:32504492/ 9394700021. ganeshkotturi2000@yahoo.co.in. GRAFFITI DESIGNS (ARCHITECTURE / INTERIOR DESIGNERS & CONSTRUCTION CONTRACTORS).# 3-5-1101/1B2, 2nd Floor, Lane Off: YMCA Blood Bank, Narayanguda Hyderabad-29. Tel: 040-64590717/ 9246193717 / 9885455616. design.graffiti@gmail.com. SREE DHATHRI ASSOCIATES Flat No:202, Rock Home A pats., Rock Hills Colony, Road No.1, Nagole Main Road, L.B.Nagar, Hyd-68. Tel:9849170037/8885570031. laxmi1612@yahoo.com. KUTEER INFRA Architects-Engineers-Interiors. Plot No. #7-1-34, 203,2nd Floor, Sridevi Mansion,Lane beside Divyashakthi Apartment, Shyam Karan Road, Ameerpet,Hyd-16. Tel: 65533122/ 9989499360.
venugopal@kuteerinfra.com.URL: www.kuteerinfra.com. STONE HOUSE (Interior & Exterior Natural wall cladding stones, Pebbles, Parking tiles). H.No: #3-11-468,Beside Ford Showroom, Nagole Road, L.B.Nagar, Hyderabad-74. Tel:- 9989615555/ 9704581111. stonehouse.hyderabad@gmail.com. S.L.V. CONSULTANTS Architect, engineers & contractors. Office :- #13-241, 1st Floor, Near Corporation Bank, Beside Satya Sai Petrol Pump, NH-7, Main Road, Medchal, R. R. dist- 501401. Tel:- 9848220772/ 9290264610. TRKR INFRASTRUCTURES architects, engineers land surveys & contractors. # 4-92/2/A, S-3, 1st Floor, Opp:e-seva, Chandanagar, Hyd-50. Tel:-9291516445 / 9553114935. trkrinfrastructures@gmail.com. FINGER-6 The design people Architects & Interiors Designers. #301, Pavani Annexe, Road No - 2, Banjara Hills, Hyderabad-34. Tel:- 040-64578766 / 9246216330. finger6projects@gmail.com. URL: www.finger6.net.
AIR CONDITIONING COMFORT COOL SYSTEMS #1-1-379/82, SRT-125, First Floor, Jawahar nagar, RTC 'X' Roads, Hyderabad-20. Tel:- 27621555 /9885456672/ 71, ccs.suresh@yahoo.co.in. For Enquiry: ccs.daikin@gmail.com. NATIONAL COOL SYSTEM Multi branded Air-Conditioning Sales and Service Centre. Spl. In Window, Split, Multisplit, Tower, Cassette, Ducktable. #3-1-411, Near-Traffic P.S. Nimboli Adda, Kachiguda, Hyderabad-27. nationalcoolsystem@gmail.com URL: www.nationalcoolsystem.com.
BORE WELL CONTRACTORS INDUS PUMPS & BOREWELLS #9-4-136/135, Quli Qutab Shah Colony, Jamali Kunta, Towlichowki, Hyderabad-08. Tel: 9849176741
BUILDERS R M CONSTRUCTIONS Engineers & Contractors. #1-11-110/2, Shyamlal Building, Begumpet, Hyd-16. Tel: 9848026913. rmconstructions@gmail.com. SAMSKRUTI INFRA DEVELOPERS Development Plot-Yadagirigutta. Plot No:-130, Road No-1, 4thCross, Rocktown Colony, L.B.Nagar, Hyderabad-74. Tel:- 9985048344 /
9393571116. anjinallapati@gmail.com. URL: samskrutiinfradevelopers.com. SRI VENKATESWARA CONSTRUCTIONS Builders & Developers. Plot No:- 127, Shop No: 2, S.V.C. Arcade, Vasavi Colony,R. K. Puram, Hyd-35. Tel: 9246521705.
ELECTRICAL CONTRACTORS GLOBETEL TECHNOLOGIES (Suppliers of Maintenance free Chemical Earthing, ESE type Advanced Lightning Protection system, Surge Protection device) No.52, Bhavani Towers,1stFloor, Opp: Indian Gas Agency, Anand bagh 'X' Roads, Safilguda, Hyderabad-47. Tel: 27242381/ 984945157. globeteltechnologies@gmail.com. URL: globeteltechnologies.com.
ELEVATORS MAX Elevators Lift installation, Maintenance & Modification of all types lifts. We supply quality passenger goods, Dumb waiters, Hospital services elevators, Hydraulic & Auto Door Lifts. #7-1-307/17/48/B, Subash Nagar, SanathNagar, Hyderabad. maxindia2011@gmail.com. MEGHA POWER ELEVATORS We supply quality passenger goods, Hospital services elevators, Dumb waiters, Hydraulic & Auto Door Lifts. #2-1-50/82, Mahankali Nagar, Kukatpally, Hyd-75. Tel: 9059488385 / 9397338654. meghapowerelevator@gmail.com. OSCAN ELEVATORS Pvt. Ltd. Flat No. 402, Venkoti Buildings, Plot. 809, Sri Ayyappa Society, Madhapur, Hyd-82. Tel:- 23119910 / 90 / 9949966669. rajuagk@oscanelevators.com. Info@oscanelevators.com. URL: oscanelevators.com. Our Branch Offices: A.P., Bangalore, Chennai, Mumbai. SG ELEVATOR'S Passenger Lifts, Hospital Lifts, Goods Lifts. #38-15/22/2, Road No.6, Shivasai Nagar, Vayupuri, Sainikpuri, Secunderabad-94. Tel: +91 40 40164354 / 9177773990. saiganeshelevators@gmail.com. S V M LIFTS Regd: 2007. Plot No. 20, Bhagya Nagar Colony, Near: M S Function Hall, Hydershakote, Golconda Post, Hyd-08. Tel: 9885744667 / 9000344066. svmlifts@gmail.com. URL: www.svmlifts.com. WORLD-TECH ELEVATORS All Types Lifts sales, Service & Maintenance & Installation. #8-4-380/1/20/A, Prem Nagar, Erragadda, Hyd-18. Tel: 9391103204 / 7569301815. worldtechelevators@yahoo.com.
FIRE PROTECTION Diamond Steel & Engg.co #5-5-79/G-7, Ground Floor, Sri Srinivasa Commercial Twin Cities
March 2014
REAL ESTATE BULLETIN 55
Farmers in Hitec City refuse to sell their land enhancement of power transformers in the next four years. Dr PK. Mohanty, chief secretary, during an interaction with top officials, said the major challenges in managing urbanisation are significant rise in investments for urban infrastructure & services and strengthening the framework for governance and financing, besides slum development and urban poverty alleviation, urban housing and comprehensive capacity building programme at all levels of government.
A stone's throw away from Google's office in Kondapur is a three-acre stretch of land that attracts more attention than the global search engine's swanky building. The paddy field here is a grim reminder of the fact that there exist a few farmers still holding on tightly to their few acres of green patches. “We keep getting a lot of offers from builders who want to construct residential or commercial buildings here but we refuse them as we do not want to part with the land,” said Indrasena Mudiraj, a local
resident who stays in a small house at the corner of his land. “Those around us have either sold their lands or given them for development and made good money. But we are happy farming on this land as of now,” he smiled. The going rate for an acre of land here is anywhere between Rs.15 to Rs.18 crore. Till about a decade and a half ago, Madhapur, Kondapur, Manikonda and Gachibowli had hundreds of acres of agricultural lands and thriving dairy businesses. However, with the
LAXMI INTERIOR H.No:-11-7/101, Plot No. C51, Huda Colony, Saroornagar, Hyderabad-35. Tel:- 9885619444. Laxmiinteriors.tanneru@gmail.com.
Sindu Pest Control Services # 2-2-647/125A, Sagarika apartment, C. E. Colony, Bagh Amberpet, Hyderabad, 500013. Andhra Pradesh, India Tel : 9705152633
REAL ESTATE
SERVICES GUIDE Complex, Ranigunj, Sec’bad-03. Tel:- 040-66385277. dsec63@rediffmail.com / dsec@in.com .
GENERATOR
MARCO POWER 511 Sri nilaya Estate, #8-3-945, Ameerpet, Hyderabad-500073. Tel: 666223941, 9391018487. marcopower1@ymail.com. URL:- www.hyderabadmarcopower.com. INTER POWER GENTECH Authorised Dealers for Cummins, Kirloskar Generators. No.52, Bhavani Towers,1stFloor, Opp: Indane Gas Agency, Anand bagh ‘X’ Road, Safilguda, Hyderabad- 47. Tel:+91 40 27243160 /9848024758. info@interpowergenetech.com. URL: www.interpowergentech.com. 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 Beccun Restaurant& Resorts Opp: Old MLA Quarters, Hyderguda, Hyderabad -29. Tel: 9494541600 / 9866430107.
HOUSING FINANCE Aquarius Financial Services 301, Navaratna Encl, Nallakunta, Hyd- 44. Tel:- 65547760.
INTERIOR DESIGN SWARNA MUKHI EXIM PVT. LTD. Lasta Interiors #Plot No-84A, Road No-72, Prashasan Nagar,Jubilee Hills Hyderabad-500036. Tel: 040-23606069, 8985338899. B. R. INTERIORS & DEVELOPERS H.No: #2-2-644/f, CE-Colony, Near Ayyappa Temple, Bagh Amberpet, Hyd-13. Tel:-040 - 27400629, 9866611616. LN INTERIORS Interiors-C.N.C wood carving-False ceiling. Shop: # 211, 212, 213, Kalichambers, Opp: Mythri Nagar Kaman, Madeenaguda, Miyapur, Hyderabad-50. Tel:- 040-23041166 / 9246360243. lninteriors.hyd@gmail.com. URL: www.lnintriorsgroup.com. DESIGNROSE Destination Design. Interior Designers, Consultants & Turnkey Projects For Corporates, Residences, all Interior Works & Civil Construction. #70, G-IV, Excel Apts, Seshachala Co-op-Society, West Marredipally, Secunderabad-26. Tel:65504151/9246174151.designrose@hotmail.com jude@designrose.com, www.designrose.com.
Twin Cities
56 REAL ESTATE BULLETIN March 2014
LANDSCAPE ARCHITECT EFGH ASSOCIATES SAVE NATURE Landscaping / Water Creations/ interiors #45/c, 1stFloor, M.L.A's Road No:-12, Banjara Hills, Hyderabad-34. Tel: 040-64578699 / 9966178699, polojuvenkat@efghassociates.com, URL: www.efghassociates.com.
LAND SURVEYORS LANDMARK Surveyors & Engineers. #2-42/1. Flat No.201, 2nd Floor, CETS Apartment Behind Petrol Bunk, Beside ICICI Bank, Chaitanyapuri, Dilsukh Nagar, Hyderabad-60. Tel:- 24053499 / 9000955900. landmark_surveyors@yahoo.co.in, URL: www.landmarksurveyorshyd.com. GALAXY GEOMATICS PVT LTD A Complete Surveying Solution. Indian H.O: 3rd Floor, Above Canarabank, Vijayanagar Colony, Hyderabad-57. Tel:- 65555528 / 9391085830. layeeq@galaxygeomatics.com. Branch Off: New Delhi, Dubai, Abudhabi.
MODEL MAKERS Hi Tech Models #8-2-293 A22, Indira Nagar, Main Road, Hyderabad. Tel:- 09849034657 / 27627405.
PAINTING CONTRACTORS Mayuri Painting Work #3-3-591, Chappal Bazar, Kachiguda, Hyd. Tel:- 9160039907.
PEST CONTROL REDDORKINS PEST CONTROL Expertised Treatment for Termites, Cockroaches, Woodborers, Bedbugs, Rodents, Rats, Honeybees, Ants, House Fly's, Lizards, Spiders. #6-5-286/1A, 1st Floor, C.C. Nagar, New Bhoiguda, Secunderbad-80. Tel: 9989956152 / 9885076578. info@reddorkinspestcontrol.com, URL: www.reddorkinspestcontrol.in. Pest masters India Pvt Ltd H.No: 8-3-237/K Plot No.195/A, Kalyan Nagar, Venture - III, Near Mothi Nagar, Hyderabad - 500 018 Tel: 23840200/ 98491 21400, 99497 94605 HYDERABAD PEST CONTROL Plot No.78 & 79, Phase I Indraprastha Colony Hasthinapuram Central Sagar Road,L.B. Nagar Hyderabad - 500079. Tel: 040 65247774/ 98859 66190
Biotech Pest Control India Pvt Ltd 2-3-527/7, D V Colony, Sir Ronald Ross Road, Secunderabad-500 003 Tel: 040-27815168/ 27721766 Pest Control Hyderabad Flat #108,Gayatri Towers, Miyapur, Hyderabad. Tel: 97 00000796, 9052998319 ANZ Pest Control Pvt Ltd #2-41/12, Karthik Nilayam Near APSP Main Gate, Hi-Tech City,Kondapur, Hyderabad-500 032 Tel: 32582306/ 9949372479/ 9848248429 Hyderabad 5-9- 500 001 DR.SARUP'S PEST CONTROL PVT LTD 5-9-88 Fateh Maidan, Hyderabad-500 001 Tel: 040-23233581/ 66611802
REAL ESTATE CORPORATE REAL ESTATE Plot No: 2, Sunrise Homes, Beside Shanti bagh Apts.,Opp:CountryClub,Begumpet,Hyd-03.Tel:9866270258 / 9949692200. corporealestate@gmail.com, URL: www.corporateinfra.com. NEW SUPER PROPERTY DEALERS Consultant in: Flats, Plots, Independent Houses, Bunglow & Farm Lands, Purchase & Sales.(GHMC Work also under-taken). S.No. #8-1-523/271/6, Sabi Complex, Opp: SBI Bank, Brindavan Colony, Toli Chowki, Hyderabad-08. Tel:- 9246377100,9390009816, 9032317552. SHREE SAI SUJATHA FARMS & DEVELOPERS (an unit of tvnr group). H.No: #2-4-663/4 to 7, Prashanthi Nilayam, 1st Floor, Main road, No.2, New Nagole Colony, Hyd-35. Tel:- 64564365, 9246825365. URL: www.tvnrgroup.com. OM SREE PRUTHVI DEVELOPERSS P. No:- 86, F.No:- 2, 3rd Floor, Kamala Nivas, Near Astalaxmi Temple, Vasavi Colony, Kothapet, Hyd-35. Tel:- 31920768, 9393920768, 9394585615. Venture in Kadthal, Srisialam Highway, Near Rajeev Gandhi Int Airport. SIRI ASSOCIATES PROPERTY CONSULTANTS Deals in Commercial / Residential Plots / Flats / Independent Houses, Rental Income properties & Agricultural lands, Plot No:10, Mallani Enclave, Tirumalgherry Lane, Opp: Football Ground Beside: GV Nivas Apt, Secunderabad-15. Tel:- 65177725 / 9885516833, Fax:040-40149929. info@siriassociates.co.in, URL: www.siriassociates.co.in.
mushrooming of IT companies, and the subsequent real estate boom, farmers, and the age-old traditional industry, have all disappeared from these parts. Mallesh Yadav owns a six-acre farm a few kilometres away, in Masjid Banda village of Gachibowli. Unmindful of being surrounded by the imposing DLF IT Park and other major software giants, his family goes about their farm work, which includes maintaining dozens of their cattle. “In a year, we get a yield of 50 bags of rice from the paddy crops cultivated here,” said Mr. Yadav with an air of pride. “If we sell this land, there will be a
question mark on what to do next. My family and I are happy this way.” Mr. Yadav said though the area was rapidly developing, there was abundant groundwater in the locality, which helps him carry out his work with the help of a bore well. In the interiors of Gachibowli in Gopanpally village, 65-year-old farmer N. Krishna has vowed to not sell his four-acre land for as long as he is alive. “The face of our village has changed in the last few years. There are so many cars and buildings around that we do not feel like we are in our village anymore. I have an emotional connect with the land and I would not sell it,” he declared.
The state government is planning to take up massive programme for urban infrastructure development to improve the living standards of low income groups and their economic development. This is as part of efforts to face the challenge of steep rise in population in urban areas with growth pegged at 33.5 per cent in the state against the national average of 31 per cent. The urban population in AP is projected to increase to 45.5 million or 4.55 crore by 2030 constituting 46 per cent of total population. The state government has prepared detailed estimates of required investment REAL ESTATE
SERVICES GUIDE SRI BHARGAVI AVENUES INDIA PVT. LTD. H.No: #3-11-132, 1st Floor, Opp: Big Bazar, RTC Colony, L.B.Nagar, Hyderabad. Tel:9247769833.
RESORTS PRAGATI RESORTS Destination of joy! Chilkuru Balaji Temple Road, Proddutur Village, Shankarpally Mandal Ranga Reddy District, Hyderabad 501203, Andhra Pradesh. Tel: 40-4141-2222/ 9848097255, 91-9553559500 Email id: manager@pragatiresorts.com ALANKRITA Thumkunta Village, shameerpet Mandal, R R District-500 078, Andhra Pradesh, INDIA Tel: 08418-309999/ 247161/162. LEONIA Bommaraspet, Shameerpet,Ranga Reddy District, Hyderabad 500 078, India. Tel: 040-66400000, Email id: stay@leoni.in LAHARI RESORTS Bhanoor, Near Patancheru, Hyderabad - 502 305 A.P, India. Tel: 40-2349 2349 THE GOLKONDA RESORT Sagar Mahal Complex, Gandipet-500075R R District, Andhra Pradesh040-30696969 / 24193000 Email Id : info@golkondaresorts.com
SECURITY SYSTEMS CRM ENTERPRISES Pvt. Ltd. Channel partner for GUNNEBO. Safe Locker (Domestic & Corporate)-Fire ExtinguisherCCTV-Office Furniture. #3-6-690, Flat-203, D.V. Arcade, Street No.10, Himayatnagar, Hyd-29.Branches: Vizag, Vijayawada, Nellor, Warangal. Tel:- 66660069 / 9848170069. chakravarthi@crmsteelage.com. ION Technology Dealers for CCTV, Access control System, Fire Alarm System, Intrusion Alarm System, Vehicle Tracking system. #64/2RT, Prakash Nagar, Begumpet, Hyderabad-16. Tel:+91 40-40202628 / 9949436096. vamsi@iontechnology.in, URL: www.iontechnology.in. KNIGHT TECHNOLOGIES #P.NO.11, 1st Floor, Public Sector Colony, New Bowen pally, Secunerabad-11. Tel:- 32992160 / 9948679045. info@knighttechnologies.in, URL: www.knighttechnologies.in.
S.S. ELECTRONICS & SYSTEMS #5-19,Nagaram Main Road, Near ECIL ‘X’ Road, Hyd-83. Tel:-32211616/8978441616. infosales@shivsaiindia.com,vanam1616@rediffmail.com URL: www.shivasaiindia.com.
VASTHU LILADHAR VYAS VASTU CONSULTANT #Flat No-104, Well Street, 4-1-675, Jambagh, HYD-95. Tel: 040-24615355, 9849038484. vastuvyas@gmail.com.
VENETIAN BLINDS / VERTICAL BLINDS
TECHNO I CCTV-Access control System- Fire Alarm System. 'A' Block, 1stFloor, 108, Suryalok Complex Abids, Hyd-01. Tel:-23230236 / 9700961170. rafi@technoisystems.com.URL:www.technoisystems.com.
Drapes N More #4-1-969/1/2, 1st Floor, Shankarlal Building, Abids, Hyderabad-01, Tel:-09848022900.
STRUCTURAL ENGINEERS
WIRE MESH
RAY ASSOCIATES Structural Engineers Interior Designers & Surveyors. #1-397/109/2, Plot No. 43/A, S.R.Nagar, Hyd-38. Tel:- 23810311 /9849928278. rayer.99@gmail.com / ray_vc@yahoo.com. B.E. REDDY & ASSOCIATES Structural / Civil / Chartered Engineers, Town Planners Architectural Consultants & regd,Valuers & Survey & Loss Assessors. Approved Valuer For SBI, Canara Bank. Opp:105. 1stFloor, YMCA Complex, SP.Road, Sec’bad-03. Tel: 27800008, 9848441307.
SERVICES APARTMENTS
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 Road, Fathenagar, Hyderabad-500018. Company add: #7-2-5/D/2, Beside: Dena Bank, Sanathnagar Industrial Estate, Tel:- 040- 66493539 / 9885227020. famouswirenettingworks@yahoo.in. Recon Blinds S.R.T. NO: 49, 1st Floor, Jawahar Nagar, Ashok Nagar, X-Road, Hyderabad-500 020 Tel: 09953363927.
S-CUBE XENIZO #303, Plot no: 38, Road no: 5, Jubilee Hills, Hyderabad-500 033 Tel: 9393458686 Email Id: scube@myscube.com
Flexi Greens No. 7 - 2 - 49/5 - A - 13, D. N. M. Colony, Sanath Nagar, Hyderabad - 50001 Tel: 040-23704089/ 9849224433
CYBER SERVICED APARTMENTS # Flat No : 602, Vasantha Lotus Apartment, Vasantha Valley, Opp road to Jayabheri Silicon County, White Fields, Kondapur, Hyderabad – 500084. Tel:9396205656/ 9348205656 E-Mail: cyber5656@gmail.com
All Verochi Blinds No. 8-2-740/17/5/a/1, Bhola Nagar Lane, Beside Vijaya Bank, Banjara Hills, Road No. 12, Pride Honda Showroom, Hyderabad – 500012 Tel: 9618064833
ANKITHA'S STAY INN Plot No 23, Jayabheri Enclave, Phase –II Behind Hotel Aditya Sarovar (new 5 star hotel) Gachibowli, Hyderabad – 500 019 Tel: 64444427/28 , 9989050149/ 9346917549 E-mail : info@ankithas.com FALCONS NEST SERVICE APARTMENTS(Gayathri Nest) Plot # 42-46,Gayatri Nest, Shri Shyam Nagar Beside Police Commissionarate office , Next to More Super Market Near Telecom Nagar, Gachibowli, Hyderabad - 500 032 Tel: 040-42024074/23352263, 9440022129 E Mail: info@falconsnest.in
Universal Blinds No. 3-9-1/A-2, Opposite Adrm Hospital, Ramanthapur,Hyderabad – 523201 Tel: 24419999/ 9949540147 Design N Design KPHB JNTU, Nizampet, Kukatpally, Housing Board,Hyderabad – 500072, Tel: -9618026675.
WATER PROOFING SAMA BUILDING SERVICES Water Proofing & Epoxy applications. #6-1-1201, 2nd Floor, F-1, Opp:- Shiva nanda Ashram, Padmaraonagar, Secunderabad-500025. Branch office at vizag Tel:- 040- 64611759/ 9440031057. samabuildingservices@yahoo.in.
Twin Cities
March 2014
REAL ESTATE BULLETIN 57
Backbreaking tax on vacant land in Hyderabad In a strange twist of logic, the Greater Hyderabad Municipal Corporation (GHMC) imposes more tax on vacant plots than it collects from owners of buildings and other structures. For instance, a building owner in 300 square yard land in Jubilee Hills has to pay property tax ranging between Rs 5,000 and Rs 10,000 depending on the plinth area, while a plot owner in his vicinity has to cough up Rs 30,000 to Rs 60,000 per annum or more towards vacant land tax (VLT). As per the GHMC Act, 0.5% of
registration value of land could be collected as vacant land tax by the corporation. After a building is constructed on the plot, the owner would have to pay property tax based on assessment. This provision has been incorporated in the Act basically to discourage property owners to keep their plot vacant in a developed area, which would burden the civic body. Officials admit the VLT has become a major burden on plot owners as the registration and stamps department has been increasing land values from time to time. The government had last year revised
land rates to Rs 45,000 per square yard in areas like Prashasan Nagar in Jubilee Hills, Rs 30,000 per sq yard in Madhapur and Rs 20,000 per sq yard in Srinagar Colony. The high court recently declared that “levying tax on vacant land other than the land appurtenant to the buildings as provided under Section 212 (2) of the Act is ultra vires, unauthorised and illegal.” These remarks were made in a case in which the corporation tried to collect tax even after building permission was taken. The court also pointed out that there was
REAL ESTATE
PRODUCTS GUIDE INDEX
1. ALUMINIUM 2. BRICKS 3. CABLES, ELECTRICALS 4. CEMENT DEALERS & MFRS 5. CERAMICS & SANITATION 6. CONSTRUCTION CHEMICALS 7. DOORS & WINDOWS 8. FABRICATIONS, GATE / GRILLS, ROLLING SHUTTERS 9. FLOOR CARPETS 10. FURNITURE 11. GLASS 12. GRANITES, MARBLES 13. HARDWARE, TOOLS 14. IRON & STEEL 15. MATERIAL SUPPLY 16. MODULAR KITCHENS 17. PAINTS 18. PIPES & FITTINGS 19. PLATFORM TROLLEYS 20. PLYWOOD, TIMBERS 21. PRE-FAB STRUCTURES 22. PUMPS 23. READYMIX CONCRETE 24. SCAFFOLDING 25. SOLAR SYSTEM 26. TARPAULIN 27. WATER HEATERS, WATER TREATMENT PLANT
ALUMINUM INDIAN METAL Dealers for All Kinds of Aluminum Extrusions, Grills, Ladders, Fabrication Works, With Doors, Windows Partitions and Structural Glazing's. #4-7-1106/4, Rang Mahal Road, Putlibowli, Hyderabad-95. Tel:- 9246576791 / 040-65401479. SEKHAR ALUMINIUM FABRICATION Specialists in Aluminum Sliding Doors Partition, Elevatations, ceiling & Glass Fittings H.No:- #1-1-21/31/4A, Ram Naresh Nagar, Hydernagar, Kukatpally, Hyderabad-72. Tel:- 9849219587,9291308759. sekharglassworkshyd@gmail.com. VENKATA CHALAPATHY TRADERS Aluminium Doors&Windows Wholesale In All Aluminium Profiles. H.No: #6-3-351, Timber Depot No.18, New Bhoiguda, Near: Bharat Petrol Pump, Scbad-03. Tel:- 040-65140465 / 9248007630.
Twin Cities
58 REAL ESTATE BULLETIN March 2014
DOORS & WINDOWS
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, Hyderabad-02, Tel:-32952789 /9849014785. aluminium.unique@yahoo.com. WAZEER ALUMINIUM PRODUCTS Mfr. of All Types of Industrial & Domestic Ladders & Climbing Systems. #25-40/15, East Anand Bagh, Hyderabad-500047. Tel:-040- 64539733, 9246849734. wazeeraluminiumproducts2000@yahoo.com.
BRICKS M.A.K. PRECAST Mfrs: Hollow & Solid Blocks, Light Weight Bricks & Blocks. #18-12-418/D/F/6, H.B.Nagar, Chandrayangutta, Hyderabad-05. Tel:+91 9246540335. makprecast@gmail.com.
CABLES, ELECTRICALS CITY ONLINE SERVICES LTD #701, 712, 7th Floor, AdityaTrade Center, Ameerpet, Hyderabad-38.Tel:66416882/9848127234. digital@cityonlines.com. URL: www.cityonlines.com.
CEMENT DEALERS & MANUFACTURERS DIVYANI MARKETING Dealers in: Steel & Cements, Plot No: #2-2-13, Jeedimetla Village Bus Stop, Opp:- Bharat Petrol Pump, Medchal Road, Secunderabad. Tel:64562700, 9246559979. divyanimarketing@gmail.com.
CERAMICS & SANITATION HEMANTH ENTERPRISES Exclusive Bath Concepts. #5-2-157, Rashtrapathi Road, Secunderabad-500003. Tel:- 040-27540198,66322244. hemant_hemantenterprises@yahoo.com. MAHALAXMI Door-No:- 8-3-858, Yellareddyguda, Ameerpet. Hyderabad-73. Tel: 9966553786.
CONSTRUCTION CHEMICALS KAIZEN HOMES PVT.LTD (We build trust). Plot No: 83, Seshachala Colony, East Maredpally, Secunderabad-26. Tel:- 040-27737806 / 9948037846 / 9391016846. kaizencon@gmail.com.
>> 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: 27750511, 27753156. Fax: 040-27953395. Mob:- 9346316561,9000994554,9949094690. global_pwd@hotmail.com. PRITHVI WOOD DOORS Plot No: 265, Public Sector Colony, New Bowenpally, Secunderabad-11. Tel:- 040-27750511, 27753156. Fax:- 27953395. Mob:- 9346316561, 9949094690. global_pwd@hotmail.com, info@prithvidoors.com, URL: www.prithviwooddoors.com. SOHOM FENSTERTECH PVT LTD Various sizes and types of Doors & Windows D 172, Phase III, IDA Jeedimetla, Hyderabad – 500 055. Tel: 040 2309 7002/23091964/ 8886600616 Email : info@sohom.in REHMAN TIMBER TRADERS Spl. In: Indian Teak, Burma Teak, African Teak, Teakwood Doors & Flush Doors. Mfrs: All Types of Doors, windows, Furnitures etc. #8-1-123, Rahul Colony, Opp: Reliance Mart, Tolichowki, Hyderabad-08. Tel: 9441002786 / 9848359196. rehman.timber@yahoo.com. VINTAGE MOULDED DOORS Traders & Manufacturing Timbers. # 66, S.No. 1& 2, Ground Floor, Mamathanagar, Near Nagole ‘X’ Road, Hyderabad-68. Tel:- 9908590493 / 9705704090 / 8985042514. vintagedoors@hotmail.com. SOHOM FENSTERTECH PVT LTD Various sizes and types of Doors & Windows D 172, Phase III, IDA Jeedimetla, Hyderabad – 500 055. Tel: 040 2309 7002/23091964/ 8886600616 Email : info@sohom.in WELLTECH SYSTEMS #14-183/2, Near Andhra Bank, Malkajgiri, Hyderabad-500 047 Tel: 9550765346 Email id: Welltech.c5@gmail.com INNOVATIVE FACADE SYSTEMS 1-2-268/2, Ground Floor, Behind Mc Donald, Parklane, Secunderabad- 500003. Tel: 040-66733566/9000633566
REAL ESTATE
PRODUCTS GUIDE GREEN WELL SEATING SYSTEMS Symbol of Quality. Plot No. 290, Hitex Road, Hi-tech City, Serlingampally, R.R. Dist-84. Tel: 64500722 / 946580722. shiva.bandi@greenwellsystems.com greenwellhyd@hotmail.com. URL: www.greenwellseating.com.
GLASS DIAMOND POINT GlASS H.No. #12-1-486/A/132/A, Kishan Nagar, Asif Nagar, Hyderabad-67. Tel:- 9949156252 / 9652180823. NEW DECCAN GLASS CORPORATION Etching, Polishing,Acid Texture,Air Brushing, Stain Glass, Fuzzing Works, Out Door Glass Fitting & Making GlassTables. #5-3-964, Barkat Building Complex, Nizam Shahi Road, Hyd-12. Tel:- 9290459786 / 9032314786.
MODULAR KITCHENS ADHUNIK DESIGNERS Plat no.792, (Above 5thAvenue Bakers Defense colony), Sainikpuri, Sec’bad-94, Tel:- 9849606217. MARVEL CUCINE & INTERIO 5-5-1048/D,, Opp Kedia Bhavan marriage Hall, Gosha Mahal, Hyderabad – 500012 Tel: 040 24602275,24605700,24600123,9849731433
SHREE HANUMAN ENTERPRISES Plywood, Venior & Hardware, #11-1-268, Aghapura ‘X’ Road, Opp: Syndicate Bank, Near Jain Mandir, Hyderabad-01. Tel: 64536885/ 9494630639. mahaveer_interior@yahoo.com.
GURUKRUPA INTERIORS Plot no: #60, 1st Floor, 101, Near Arjun Theatre, Jalavayu Vihar Road, Western Hills, K P H B , Hyderabad-500 072 Tel: 040-64550990/ 8179128998
SHREE YOGESWAR TIMBER DEPOT Dealers In Cut Size, Indian Teak & African Teak, Wholesale & Retail Suppliers. Shop No: #6-3-356/4, New Bhoiguda, Secunderabad-03. Tel:- 9440667208. URL: www.aponlinepages.com.
BODEPUDI MODULAR DESIGNERS PRIVATE LIMITED III Floor, NV Plaza, Saibaba Temple Street, Dwarakapuri Colony, Punjagutta, Hyderabad- 500 082 Tel: 040-66660444/ 9246900600
SHREE RAJARAM SALES Stockist for : Membrane Doors, Plywood, Hardware, Timber, Sanitary and Paints. # 8-16-61, Sagar Ring Road, Bairamalguda, L.B. Nagar, Hyd-74. Tel:- 64591011, 9440683748, 9989244103. harilal60@yahoo.com / haripokar@indiaiatimes.com. URL: www.rajaramsales.com.
GRANITES, MARBLES ASBESTOS CEMENT WORKS Designer Tiles, Inter locking, Chequered, Clay & Fancy Tiles, RCC Jallies, DecorativeItems. #8-1-21/103, Beside: Darrussalam Bank, Near: Galaxy Theatre, Surya Nagar Tolichowki, Hyderabad-08. Tel:- 9346296028 / 9885398969. TILES GALLERY #8-16-61, Sagar Ring Road, Bairamalguda, L.B. Nagar, Hyderabad-74. Tel: 040-64567834, 64547834, 9391051994. VIPULA TRADING COMPANY Distributor/ Stockist/ Dealer for Vitrified tiles. #8-7/1/ A, Sai Nagar Colony, RCI Road, Beside Bank of Maharashtra, Balapur, Hyderabad-05. Tel: 9849737782. vipula.tiles@gmail.com.
HARDWARE, TOOLS ASHOK HARDWARE & PLYWOOD #17-1-197/1/2, I.S.Sadan Road, Saidabad, Hyderabad-59. Tel:- 9885083958 /65408685. JAI BHAVANI Glass, Plywood, Hardware & Aluminium #13-6-431/1/13/A, Ring Road, Moghal ka Nala ‘X' Road, Hyd-28. Tel: 9290776262 / 23511047.
IRON & STEEL >>SS STEEL DHARNIDHAR METALS All types of S.S. Fabrication Works. #10-11-62/3, Fathenagar Main Road, Hyd-18.Tel: 040-66208699 / 9948541639 /9248058699.dharnidharmetals@gmail.com. DIVYANI STEELS 2-2-137, opp: bharat petrol pump, jeedimetla village bus stop, medchal road, hyderabad- 500014 tel: 9246559999 DIAMOND STEEL & ENGG CO 5-5-79/g-7, ground floor, sri srinivasa commercial complex,ranigunj,secunderabad- 500003 tel: 66385277
NEW LAKSHMI TIMBERS Dealers In: Teakwood, Salwood, Countrywood & Flush Doors. Plat No.141, Opp: Manda Mallamma Gardens, Near Hanuman Temple, Road, Karmanghat, Hyderabad-79. Tel: 9959635888/ 9440295147. newlakshmitimbers@gmil.com.
PAINTS PAINT HOUSE (Your favorite shop) # 5-1- 459/1&2,Jambagh, Hyd-95. Tel: 040-32008787/ 9394478787. paintshouseindia@yahoo.com, paint_house_world@yahoo.co.in, URL: www.painthouseindia.com. SREE VENKATARAMANA PAINTS & HARDWARE Dealers in: Asian Paints, Alltek Paints & Texture, Lapp am, Birla Wall care Putty, & J.K. Wall Putty, Birla & J.K.White Cemnts, Surya Cem, Sheel & Godrej, Locks Etc., Shop No: #16-10-11/A, Sri Krupa Market Bus Stop, Malakpet, Hyd-36. Tel: 24547683, 9246377683. TRIVENI HARDWARE & PAINTS S.No: #9-7-86, Maruthinagar, Opp: New Santosh nagar, Hyd-59. Tel:-24534386, 9391066466.
PIPES & FITTINGS
SREE VIJAY LAKSHMI TRADERS Mfrs.: Membrane Doors, Plain Doors. Dealers In: Ply wood, Hardware, Flush Doors, Laminate Doors, Beadings, Veneers & MDF. Plat No: #123, Opp:- Andhra Bank, Gayatri Nagar, 'X’ Road Karmanghat, Hyderabad-79. Tel:- 64504621 / 9908691111 / 9000003574.srivijaylakshmi@gmail.com.
PRE-FAB STRUCTURES N M R PREFABS PVT. LTD Our Services: False Ceiling, False Flooring, Fenesta UPVC Windows & Doors, Prefab Structures, Aerocon Partitions, Vinyl Flooring, Shera Plank Gazebo, Aerocon Blocks, Mezzanine Floor, Laticrete Wall Putty, Wall Paper, Wooden Flooring. #25, Beside Mahankali Temple, Karkhana, Secunderabad-09. Tel: 40068726 / 9298112211. nmrprefabs@gmail.com.
PIONEER INDUSTRIAL FABRICATION #4-20/5 E.C Nagar, Main Road, Near Railway Station, Charlapally, Hyderabad-51. Tel:- 65641782.
RENUKA WOOD WORKS Authorised Dealer For: Aerocon Panels, Aerocon Blocks, AC Roofing Sheets, C-Board, Sintex Panels, MYK Laticrete (Wallputty), Undertaking All Types of: Electrical Carpentary painting, Plumbing, Alluminium, Fabrication, Pop Works Civil Works & Roofing Sheets, H.No: #10-5-171, Flat No.103, Sri Sai Residency, Shiv Shankar Colony, Fathenagar, Hyderabad-18. Tel:-23772119,9849135351. renuka_wood_works@yahoo. in, URL: www.renukawoodworks.com.
PLYWOOD, TIMBERS
PUMPS
BALAJI GLASS & PLYWOOD CENTRE Dealers in:710 BWT plywood, Decolom, Venners, PVC Doors, Molding Beeding,Fancy Hardware, Godrj Locks. #8-147, Maithripuram, Gayatri Nagar, Airport Road, Karmanghat, Hyd. Tel: 9490117058 / 9985521845.
NEEDS RESOURCES Products & Services: Sewage Treatment Plant, Water Treatment Plant, Effluent Treatment Plant, Fire fighting systems, Plumbing & its Automation, Pumps. #5-81/1, VV Nagar, Street No.8, Habsiguda, Hyd-07. Ph: 42407370, 9014181118. Fax: 040- 40202444. needsresources@yahoo.com, URL: www.needsresources.com. www.nmrprefabs.com.
EXCEL TUBE CORPORATION #204, Anaya Complex, II Floor, Hill Street, Secunderabad-03. Tel:- 9848098485.
PLATFORM TROLLEYS
BHARAT PLY ZONE D.No. #7-1-237/2, Near Yellama Temple,
Twin Cities
March 2014
REAL ESTATE BULLETIN 59
Repo rate hike will intensify realty crisis The Confederation of Real Estate Developers' Associations of India (Credai) has expressed concern over the RBI decision to increase the repo rates by 25 bps to 8 per cent in the monetary policy review. C Shekar Reddy, President CredaiNational said, “The industry expected the RBI to maintain the status quo on rates as the index for industrial
production was at a low of 2.1 per cent for December. The housing sector has a multiplier effect on the economy as it covers 300 allied industries.” Sanjay Dutt, Executive Managing Director-South Asia, Cushman & Wakefield said “The RBI again adopted a hawkish stance and increased repo rate by 25 basis points, intensifying the crisis that the real estate sector is
already witnessing.” RBI's stance is disappointing as, and just as we started to see some uptick in home sales, this move can potentially derail the sector, which has been witnessing financial headwinds due to subdued sales and limited access to funding, he said.
REAL ESTATE
PRODUCTS GUIDE SURYA PUMPS AND EQUIPMENTS PRIVATE LIMITED 1-2-54 , Kakateeya Nagar, Habsiguda, Hyderabad - 500 007.Tel: 040-27261301 AGA PUMPS PRIVATE LIMITED Plot No. 45, Mallapur IDA, Phase-I, Hyderabad - 500076, Tel: 040-27152297 / 27178064 / 64593742
READYMIX CONCRETE CHARMINAR CONCRETE PRODUCTS PVT. LTD. P.No. A-28/1/B-1, Road No.15, IDA, Nacharam, Hyderabad-39. Tel:- 09866231247.
MY HOME FURNITURES & FURNISHINGS Beside Surabhi Hotel, Green Park Hotel, suchitra, Kompally, Hyderabad-500 055 Tel:- 040-65243444/ 9246022344 KHAZANA GROUP Road No: 45, Jubilee Hils, Hyderabad-500 033 Tel:- 040-30014001 / 9347181001 www.khazanagroup.com HOME CENTRE Oasis Centre, Green Lands, Begumpet, Hyderabad-500 016, Tel:- 040-40311111
SCAFFOLDING GESTURE COMPOSITE TECH #13-6-185/A/13, Mogal Nagar, Near Saba Hotel, Mogal-Ka-NalaRingRoad,Karwan,Hyd. Tel: 23510906.
SOLAR SYSTEM ADITHYA SOLAR ENERGY SYSTEMS #209,1st Floor, Meghana Complex, Opp: Andhra Bank, Balanagar, Hyderabad-37. Tel: 9966139777.
TARPAULIN INDIAN TARPAULIN #186/D, Plassy Lane, Beside Classic Dhaba, Bowen pally, Hyderabad-11. Tel: 040-66048169.
FURNITURES AND FURNISHINGS
Tiwn Cities
FURNITURE RESALE All Scrap like Corporate Offices, A.C., UPS, Battery, Geyser, Generator, Computer & Iron Scrap, Wiring Houses. Office, Shop, Hotel, Furniture, Aluminium Partitions All Vessels, Door, Windows Elect Etc. Tel:- 9014840678 / 9346842563.
@ HOME Aztec Towers, 1,2,3,4 Floor, 6-3-249/6/1, Tanishaq Showroom, Opp: City Center, Road Number 1,Mada Manzil, Banjara Hills, Hyderabad- 500004, Tel:- 040-23316015/16 FURNITURE WORLD Beside Juloori Vajramma Function, Vasavi Nagar, Karkhana, Hyderabad – 500009 Tel:- 040-27746606/ 9246360152
Tiwn Cities
SRI DAASARATHI ENTERPRISE Furniture Zone 8-1-348, Opp: Reliance Mart, Tolichowki, Hyderabad-500 008 Tel:- 040-66495057/ 8978535677 CACHE FURNITURE LTD 3-1-215, Beside Manju Theatre, Ranigunj, SD Road, Secunderabad-500003 Tel: 040-66141414
DARPAN FURNISHINGS Kondapoor, Gachibowli Road, Before ORR Junction Next to Axis Bank, Opp: Royal Enfield Showroom Hyderabad - 500031,Tel: 040-23000111/ 9000017082
WATER HEATERS, WATER TREATMENT PLANT ULTRAWATER SOLUTIONS & SERVICES PVT LTD. Manufactures of softeners, Drinking Water(RO) plants and sewage Treatment Plants. #1-24-124/5, Sri Sai Nagar, Lothukunta, Alwal, Sec’bad-15. el:- 9550636334/ 9393153393. sales@ultrawater.co.in. URL: www.ultrawater.co.in. UNIVERSAL CHEMICALS Softners, Minerial Water, R.O.Plants, Sand & Carbon Filters. #25-13/1/2, Flat. G3, Kousalya Residency, Talla Basti, East Anand Bagh, Malkagiri, Hyderabad-47. Tel:- 9849875233 / 65264118. universal.chemicals@yahoo.co.in, URL:- www.universalchemicals.co.in.
MATERIAL SUPPLY K.G..N. S. BUILDING MATERIAL SUPPLIER #18-1-510/5/A, Opp: Abubakar, Masjid, Phool Bagh, Chandrayangutta, Hyd-05. Tel:- 9392400636, 9392401636. MAHALAKSHMI CONCRETE PRODUCTS Mfrs: Concrete hallow & Solid Blocks, Pavers. Sy.No.41, Bollaram, Miyapur, Kizapally Village Road, Medak Dist. Tel:- 66780191 9885856810.
REAL ESTATE BULLETIN
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