SMR One Holdings - Projects

Ongoing
- SMR Harmony County at Bandlaguda near APPA junction on Expressway to Airport.
- Commercial project at Miyapur on national highway next to Hemadurga Towers
- SMR Iconia to be launched shortly.  The project actually was named Bharat Iconia and backed by Lehmann Brothers. This was before Lehmann came down and the financial crisis broke out.  So, I am talking about 2009.  The project has structure standing since the year 2009-10 and now is being brought back to life by SMR.

SMR has similarly resurrected a project in Miyapur after the structure lay idel for sometime and the project is SMR Vinay City.
 

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.

Divya Sree Shakti - Mayuri Nagar - 20:80 Scheme

This project behind Miyapur Metro offer 20% down payment and rest on possession scheme. It is a gated community project with most of the usual amenities.

Famous for providing all amenities included pricing of 31 lacs for 2bhk and 41 lacs and 51 lacs for 3 bhk, back in 2010.

The builder has plans to build commercial buildings - mall, hospital, office complex etc in the same compound.

New High Rise projects in Hyderabad

Vamsiram Builders Jyothi Cosmos in Hi-Tec City

http://www.vamsirambuilders.com/?p=3762

Maruti Rich Ventures near Durgam Cheruvu

http://marutirich.com/index.php?option=com_content&view=article&id=101&Itemid=112

Aditya Constructions has couple of projects coming up in the Nallagandla HUDA locality

http://www.adityacc.com/projects/index.php?project=ongid100010

http://www.adityacc.com/projects/index.php?project=ongid100016

http://www.adityacc.com/projects/index.php?project=ongid100002

Mahindra Ashvita launches a 20:40:40 Scheme

Being a corporate and well run real estate company, Mahindra lifespaces is offering a 20% now, 40% before Feb '16 and 40% on possession scheme.  The project is in advanced stages and the benefit from the scheme might be minimal but the intent to sell the project and move on is clear. The construction progress has also been great compared to other large developments.

Hyderabad RE - Two cases to illustrate the strain in the market

Prajay Megapolis

The company has come up with ads urging buyers to release payments under the heading ' Save the Project'.  This project has not seen any progress.  Conceptualized in 2008, the project is still 3 years away from delivery - A 10 year delivery time!!!!

Who is to be blamed for the impasse, not sure!!! I wouldn't blame the buyers as they are small fish and would not discontinue payments if they see promise/progress.  Buying a home is one's biggest decision and usually they are committed.

Location - Excellent

Sri Tirumala Cyber Residency

The builder is offering flats near Chirec school at Kondapur, and is quoting prices inclusive of amenities and registration.  The prices seem to have been brought down by 8-10%.  A 1290 sqft 2bhk is positioned at 42 lakhs all included. Location - Good

New Road - 100 ft - Connecting Sairam Towers to Heritage Fresh on Botanical Garden Road - Maseed Banda

It will be a parallel road to Hafeepet Gachibowli road. Will connect the Manjeera pipeline road in Madinaguda to Botanical Garden road. Will ease traffic on the Hafeezpet- Kothaguda stretch. The botanical garden road is already in expansion.  It will meet another 100 ft road coming from RTA Kondapur and intersecting the proposed road at the Arbor international school.  A small stretch here is embroiled in legal issues, I guess.  The road currently is in the same state as the KPHB - Hitech city road was in 2004. No real access currently.