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Opinion and Only Opinion

Wednesday, November 6, 2013

Hyderabad - Nizampet/ Bachupally - Satyam Hill County aka Hill County by IL&FS

Many must have heard about Hill County, and known the sky high pricing back in 2007.  Now, it is being promoted by IL&FS.  Couple of things did not work in its favor, 1. the Satyam fiasco 2. the location at Bachupally.  Bachupally is usually associated to being polluted due to the proximity to Bolaram industrail estate and the Dr. Reddy's plant. Student of schhols and VNRVJIT engineering college in vicinity complain about the foul smell that erupts from time to time. But, the emissions have lessened dramaticall in the last 4 years.  Customers were ready to overlook all these problems because it was promoted by Maytas, sister firm of Satyam.  With an 85 acre township and an IT SEZ thrown alongside, it was a complete package but things were not destined to be so.

The venture is now almost completed but unfortunately the euphoria is missing. According to me, this venture needs a serious look.  An 85 acre township, 20 mins away from HiTEC City...that is something. Anyways, the pricing for apartments is around Rs.3450 psft and are spread in 17 acres and the rest is villas.  Pretty good package as a whole, me thinks.

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