Vasavi GP Trends

Hafeezpet has a IT Office space now

Pheonix Trivium is being built in a engineered building fashion - to fasten construction - at Hafeepet rail over bridge. The company has signed Genpact as the tenant for the entire building.

May 2018 - A section of the building is open for business now. The building has been sold by Phoenix, the builder to India Bulls for about Rs. 480 Cr.

The extended Miyapur- Mumbai Highway is likely to see some office space action with L&T also having 40 acres near the metro terminus and the blue prints showing an IT park.

Another section will be Gulf Oil Township infront of Metro Cash & Carry which will see a mixed use development of around 100 acres in Phase 1 - 76 acres is being taken up in 5 phases by Hinduja Realty. 60% is commercial and rest residential according to latest masterplan submitted. Hyatt hotel, IT parks and Hospitals are planned in this land parcel along with residential units and villas.

My Home Krishe - Soft Launch Jan 2018

Adjacent to My Home Vihanga, My Home constructions is launching a new project called My Home Krishe. Looks like the project has been put on hold due to demonitization. It is a smaller project with 8 acres of land and 600 units.

Jan 2018 - Soft Launch - Rs. 4,300 psft

http://www.myhomeconstructions.com/my-home-krishe.html#prettyPhoto[pp_gal_4]/1/

Mahindra Ashvita - Hyderabad - Sales status

By end of 30 Sept 2016

Total Units - 664 Units

The sales figures are:

Block 1, 2,3 and 4 - 536 Units
Mahindra Lifespaces share - 431 units; Rest of the units are with Landowner
Sold by Mahindra Life spaces - 348 units, yet to be sold 83 units


Block 5 is ongoing
Units - 128 Units
Mahindra Lifespaces share - 103 units; Rest of the units are with Landowner
Sold by Mahindra Life spaces - 68 units, yet to be sold 35 units

L&T Metro's - Miyapur land parcel vision

L&T metro has about 100 acres of land on the Bombay Highway. In about 40 acres, it would be developing office and retail facilities. This is how the developments will look. Depot at the back and commercial ventures at the front. A walk bridge connecting the station to the office blocks is also part of the plan.

L&T did not start on the project initially because the land in Miyapur was not handed over to the company. Only after they got possession completely, did the company start moving briskly executing the project. The company sees this land parcel as very key both operational as well as for business purposes.

Sumadhura Infracon - Acropolis - Near Holiday Inn - Gachibowli Wipro Circle

USP - Calls itself the tallest building in Gachibowli - 31 floors
Sizes - 1245 to 2640 sft
Land - 4 acres
Units - 550+

Price Rs. 4,299 - 4,499/-
Another Bangalore based builder after Prestige, Salarpuria, Brigade and Provident has stepped into Hyderabad. Looks like Hyderabad looks very tempting in terms of land rates and future prospects for these Bangalore builders who are holding a lot of inventory in their home market.

The project is coming up on a 4 acre parcel next to Alekhya Park Wood project and on the new 100 ft road taking Wipro Circle to ORR (kind of bypass to Nanakramguda Village).

Here is the link to the google map of the location and other details.

http://sumadhuragroup.com/project/acropolis-projects/

Walk through video on Youtube

https://www.youtube.com/watch?v=D6ecVe7NbLQ

Alkapoor Towship - Manikonda

Alkapoor Township in Manikonda seems to have avoided many drawbacks of Manikonda and Secretariat colony - it has spacious roads, apartments built according to norms and huge parks and other open spaces. The area falls in village panchayat limits but G+5 buildings need HMDA approvals. In 2020, the area was merged with Manikonda Municipality.

Anuhar, Aryamitra and Hallmark are the prominent builders in the locality.

Pooja and Vesella are launching luxury villas and apartments on the Langar Houz road at the back of the township. Accurate Windchimes is also in the same area. Lansum el Dorado, next to Windchimes is a new high-rise attraction at 40 floors.

The positives are its connectivity with Gachibowli. It is currently 8-9 km from Wipro Circle and about 5 km from Mindspace HiTec City with new access roads connecting raidurg with Mindspace rd. 

The Radial Road 5 abutting the My Home Avatar and BRC Sivhills project will cut the distance by 2 km making it pretty easy to reach Wipro circle. Radial Road 5 connnects Shaikpet with Kokapet. But, looking at it in 2021, the road has been a slow chugger for about 5 years now. Not completed even in the lockdown period in 2020.

2021 - The township in now connected to Langer Houz road through a army land parcel, which gives the locality  prime access.

Nov 2018 - Prices hovering around 3,800/- to 4,000/-. Returns since 2015 - 60% 

March 2021 - Prices at 5,000 to 5,400 - Returns since 2015 - 120%