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Opinion and Only Opinion
Showing posts with label Raidurgam. Show all posts
Showing posts with label Raidurgam. Show all posts

Wednesday, January 20, 2016

My Home Constructions - My Home Bhooja near Bio-Diversity Park

Name of the Project: MY HOME BHOOJA (Being developed through our 100% Subsidiary Aqua Space Developers Pvt Ltd)

Location: Next to Bio-diversity park, Raidurgam, Near Hitech City, Madhapur, Hyderabad. Abutting the existing 45 Mtrs Road from Raheja Mind Space Circle to Bio-Diversity Circle

Number of Blocks for pre-launch: 4 (Four blocks of 4 flats each) – Blocks B, C, D & E (G+35 floors).

Sizes of the flats: 3 BHK: 2595 Sq ft, 3BHK + Home Theatre: 2680 and 3430 Sq ft, 4 BHK + Home Theatre + Servant Room4070 Sq ft

At 6,500/- pre-launch, the smallest unit may cost including centralized AC about 2.2 cr.  

The 18 acres earmarked for the residential towers will be at the back of the plot and will have roads on 3 sides. 

Check out more on their website -

http://www.myhomebhooja.com/
https://www.youtube.com/watch?v=56MgIVVTwj4

The land parcel will have also office complexes on to the Mindspace and Wells Fargo road. According to the developer, these office spaces (21 floors, 2 blocks) will have office space as large as 1.5x of ICICI Bank towers in Financial District. The office space is called My Home Divija. The elevations look stunning. In Oct 2016, the office block construction is progressing pretty briskly, as the Hyderabad market has run out of Grade A office space. So, the builder is pushing the office space as it will have an overwhelming demand.

Check out more about Divija -
https://www.youtube.com/watch?v=UBNTVDXrwcs


My 2 cents: Worth it!!! Many would argue, you may get a villa in the vicinity (5 km towards Narsingi and 10 km on Shankarpally road) for the cost of Bhooja. But, I would think that existing villa owners would appreciate the location and availability of large plate sizes on a single floor...makes life much more easy.  Villas take up lot of maintenance and lose lot of space in staircases, lift areas. No single floor is more than 1800/1900 sqft for a 3 cr villa (300-330 sq yds).

Last word, people might argue that villas might double in value and return better than apartments. Agree.  But, please factor in the facilities, location, convenience as well.  I would think the capital returns would be lower than a villa but the property should do well on the returns front as well.

Friday, July 10, 2015

IKEA buys land in Hyderabad; moves closer to open India store

http://economictimes.indiatimes.com/industry/services/retail/ikea-buys-land-in-hyderabad-moves-closer-to-open-india-store/articleshow/48017021.cms


This parcel land is in Raidurgam.  Ikea has been requesting for land close to a metro station. I guess, this land will falls close to the final terminating station at Raidurgam.  The station meant for Shilparamam has been now moved to Raidurgam due to paucity of land at Shilparamam. This line hopefully will serve both the employement hubs of Hitec City and Raidurgam.

See the Hyderabad Knowledge City map provided here to locate both the upcoming metro station and Ikea store location. Both of the locations are right at the Mindspace junction.

May 2018 - Store to open in July 2018. The company had opened a experience store in Sujana Forum Mall in Nov 2017. The experience store will be closed once the original store opens in Raidurgam.