Subtitle

Opinion and Only Opinion

Monday, October 5, 2015

Aparna Westside at Nankramguda

The complex is a single block coming up near DPS and Carlton Creek.  Priced at 4,700/- + per sqft. On par with Lanco Hills pricing.

Tuesday, September 1, 2015

Provident Housing Kenworth - 1,2,3 BHK at Rajendra Nagar

Provident, the affordable housing company of Puravankara, is launching a 2300 unit 20+ acre community near PVNR expressway.  Prices start from 25 lacs.
Quoting at 3349/- per sqft in prelaunch.
Actually, they intend to do a book building from 3349/- to 3700/- per sqft and decide on a price.  
Likely to be delivered in phases in 2019 and final project closure by 2021.
1 BHKs currently not open to booking.

Jan 2018 - The planned IT park in Budvel should provide momentum to the project.

April 2018 - 1 BHKs are open for booking and are very compact in size. Needs lot of improvization to make them fit the Hyderabadi mindset.


Wednesday, August 19, 2015

What is G.O. 111

Govt Order 111 is an enactment to protecting the Gandipet and Himayat Sagar lakes.  About 84 villages in the vicinity of these lakes, covering 10 km radius were barred from embarking on any commercial or residential land development.

So, this area, though stones throw away from APPA junction on ORR has been bereft of any commercial development. I am sure many travelling to Chilkur would have wondered why the stretch has not seen any residential or commercial development.  Some developers have used the land parcels to erect Engineering colleges, Schools and Resorts. 'The GO is mis-interpreted/ abused by some realtors to put up these so called non-commercial ventures. Many small time developers have developed illegal layouts here and sold to gullible small time investors.

The campuses of TCS and Cognizant had to go all the way to Adibatla because all the land after Narsingi and Manchireveula falls in this zone. But, increasingly many IT corporates are demanding land close to Gachibowli and not interested in far off places like Pocharama and Adibatla.   So, we have to see what the government now does with GO 111.  The greens and NGOs are fighting very hard to maintain status quo.

A list of the 84 villages is provided here for your benefit.  Take a note and beware!!! 

www.appcb.ap.nic.in/download/G.O.No.111%20M.A..doc

You can notice the area in the below graphic from HMDA master plan 2031. As the land prices around ORR touch the sky, naturally some developers would come up with unauthorized farm land layouts in this area quoting a discount of 50% of the prices that exist in nearby HMDA approved layouts. Also, notice, why there are no projects/ layouts between Kokapet and Mokila a 10 km stretch between Exit 1 (Financial district) and Exit 2 (Kollur) on ORR.




Tuesday, July 14, 2015

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.
 

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.


Tuesday, July 7, 2015

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