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Horizons Volume 2

ANDHRA PRADESH REAL ESTATE DEVELOPERS’ ASSOCIATION www.apreda.org

Brand Vizag all set to take off

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Issue 15

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` 50 | February - March 2014

AP’s most credible real estate magazine

Ready Reckoner on Stamp/Transfer DUTY & Registration fees P50

Special Report

Escapade to Rajasthan P29 Astrology Effective remedies for a successful life P34


c o n t e n t s Volume 2

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Issue 15

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February - March 2014

Astrology

Cover Story

Effective remedies for a successful life

Brand Vizag all set to take off Page 22

Page 34 Project Watch

Trusted real estate brand of Vizag Page 36 Chilukuri group forging ahead

Special Report

Escapade to Rajasthan 6

Page 29

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Other Sections

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08 News watch 40 Happenings 42 APREDA Diary 44 Pulse 46 Auspicious Days 46 Humour Corner 48 Market Monitor 48 GO Watch 50 Ready Reckoner 54 Real Estate on offer


Editor’s Note

Markets expected to stabilise in 2014 The year 2013 was an eventful year for the Indian Real Estate sector with the introduction of Real Estate Regulatory Bill and Land Acquisition Bill in the parliament. The year was mired by existing challenges such as subdued sales, piles of unsold inventory and builders facing the liquidity crunch. It is very difficult to forecast anything in India as the real estate market is not subject to a fixed pattern. A great degree of political uncertainty, liquidity issues, high interest rates and cautious sentiments are expected to be the cause of worry in 2014 too. The only positive energy in this sluggish sector springs from the fact that the sales, though slow, are not stagnant. India’s real estate market has been faltering for quite some time as the economy remains under stress. Realty prices have been surging in an unprecedented manner unlike income levels which are not rising. The price increase is mostly speculative and can be attributed to the predominantly capital-driven nature of the sector. As we move into 2014, it is important to gauge the mood of home buyers in terms of their desire, aspirations and fears from the upcoming year. Makaan. com, conducted a research, ‘Property Forecast 2014’. The research was conducted in November 2013 among 2058 home buyers across Mumbai, Delhi NCR, Bangalore, Chennai, Hyderabad, Pune, Kolkata, Ahmedabad, Chandigarh, Indore and more. The main highlights of the research revealed property market in 2014 will be driven by end users: Speculators and Investors have been riding the property market since a long time; however, they will make way for end users in 2014. Majority of home buyers want to purchase a property in 2014 for self use as they are currently staying on rent. An almost equal number of home buyers want to buy property to meet the growing family requirements and for long term investment. The analysis shows that the year 2014 may experience a positive shift from the earlier years and will bring in the much required stability in the property market. As the property transactions have fallen over the past 12 months, speculators and investors are finding it difficult to exit the market. Residential property prices will either stabilise or will appreciate marginally in 2014. This issue of Horizons is dedicated to the growing role of Visakhapatnam as a real estate destination in the backdrop of the changing political scenario of Andhra Pradesh. The cover story ‘Brand Vizag all set to take off’ dwells on the growth drivers that have catalysed the development of the city as a global business destination. There is a beautiful piece on an ‘Escapade to Rajasthan’, giving a vivid description of the great fun and pleasant change that APREDA members had during the trip under our section on Special Report. The Project Watch section features interesting projects of two leading real estate brands of Visakhapatnam. The piece on ‘Effective remedies for a successful life’ under the section on Astrology gives useful Lal Kitab remedies for enhancing the positive effect of all the planets. The registration, stamp duty and transfer charges have been revised. The edition features a Ready Reckoner table giving the revised registration, stamp duty and transfer duty fees applicable on various instruments, besides our regular features and dose of realty news under the section on News Watch. Hope you enjoy reading as we did wrapping up this edition. Please do send in your feedback. Here is wishing to all our readers from the Horizons team a very Happy Holi! Jydip Mukherji Executive Editor

Horizons www.apreda.org

Volume 3 Issue 15 February - March 2014 Editorial Advisor R Chalapathi Rao sirisampada@icloud.com

Executive Editor Jydip Mukherji jydip.mukherji@gmail.com

Editorial Team C hief Copy Writer : Kishore Upadhyay Writers : Sshupriti Trivita Roy

Production Team Designed By : Dream Makers

Advertising & Sales Manager : Sudheer Singh Thakur

Circulation & Distribution Shams News Agencies.

Printed & Published by P. Prem Kumar on behalf of AP Real Estate Developers Association, owned by AP Real Estate Developers Association, Printed at Paper Craft Center, 2-3-514/4, Umanagar, Ameerpet, Hyderabad, A.P. RNI. No. APENG/2012/44473

Published From AP Real Estate Developers Association, # 102, Tirumala Shah Apartments, Yellareddyguda, Ameerpet ‘X’ Road, Hyderabad, A.P.- 500 073.

Contact: Tel: 040-65572184, +91-9989844467 email: editor@apreda.org


News Watch

National Rental housing plan by 2016

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he country's first government approved rental housing plan, under which 7627 houses would be constructed across 19 cities, will be ready by 2016. Targeted at economically weaker section households, the rent of each house will vary between ` 1,000 to ` 2,000. "The projects were sanctioned during the last six months. Once ready, they will go a long way in addressing the acute housing shortage in the low income category," said housing and urban

poverty alleviation secretary AK Misra. The ministry has sanctioned 25 rental housing projects worth ` 450 crore in nine states under Rajiv Awas Yojana, the Centre's flagship programme to provide affordable housing for slum dwellers. Under the plan, households with an annual income of upto ` 2,00,000 would be eligible to apply. The funding would be shared jointly by the Centre and the state.

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Housing shortage in urban areas: NHB

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he housing shortage in the urban areas has touched 18.78 million units, where 95% of the shortage is in the economically weaker section and low income group, a report by the National Housing Bank (NHB) said. The Report on Trend and Progress of Housing in India - 2013 said the housing trend during the year witnessed supply side constraints including lack of availability of land and finance at reasonable rates.

It added that demand drivers include the growing middle class and urbanisation. It noted that outstanding housing loans of banks as on March 2013 was R4.62 lakh crore, while gross non-performing assets in housing loans have remained below 5% in the past three years. At an NHB event recently, MoS for finance Namo Narain Meena releasing the report said, "Investments in housing are known

to trigger growth impulses across the entire economy, which have significant impact on income, employment and GDP." Housing shortage coupled with urban poverty are constraints to inclusive growth and need attention, the minister said. Urban growth across the world is projected to double from 3.3 billion in 2007 to 6.4 billion in 2050, he said, adding that much of this will take place in developing countries.

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Focus on affordable and mid-end segment in 2014

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hile some cash-strapped property developers are still going slow on land acquisition deals, a few of them are firmly back in the ring. Despite the slowdown in flat sales, inadequate fund supply and stringent land acquisition rules, these property developers are striking big-ticket land deals like never before. Bangalorebased Brigade Enterprises recently bought 2.25 acres of land at Hebbal (Bangalore) from Hindustan Coca-Cola Beverages for around Rs 69 crore. Tata Housing, a subsidiary of Tata Sons, entered into an agreement with Alstom T&D India to buy its manufacturing unit spread across 20 acres in Bangalore for Rs 120 crore. Meanwhile, Mumbai-based Lodha Developers went a step ahead and entered the UK market with the acquisition of Macdonald House

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at Grosvenor Square in Mayfair, London. With the introduction of the new land policy which has become effective from January 1, 2014, the government will not acquire land from developers and they will have to pay much higher compensation to landowners and project-affected people. The strategy of land buyers is expected to be the same as in 2013 with some changes expected post-elections based on the confidence of investors and funds. Year 2014 is expected to witness a large number of small-sized deals with investors preferring to lock in lesser amounts in each project. "The focus of many developers is seen to be shifting towards affordable and mid-end residential segment rather than the high-end segment," said Sanjay Dutt, executive managing director – South Asia, Cushman & Wakefield.The

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

trend of developers converting their land banks into plots and opting to sell plotted developments rather than built residences may also pick up. Areas demarcated as manufacturing zones, industrial corridors or those witnessing major infrastructural improvement in terms of national highways and airports will also witness some activity. Junctions where ring roads meet important roads in cities like Bangalore, Chennai, Kottur in Hyderabad, NH8 and Dwarka expressway in NCR, besides Delhi-Mumbai Industrial Corridor, Chennai-Bengaluru Corridor, Chennai western corridor, PuneShirwal area, near Chakan, are some areas that may see a spurt of activity over the year. Even Tier II cities that fall on these corridors have potential for activity along with cities like Nagpur, Nashik and Bhubaneshwar.

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News Watch

February-March 2014

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News Watch

National IIT profs re-think building techniques

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ow about living in a house where you don’t need to switch on lights during daytime or you don’t need a plumbing or a wiring job done ever? These are some features of the futuristic houses being designed by some of the finest brains of the country in an endeavour to bring down the cost of construction by 20-40 per cent. Some 20 IIT professors, in collaboration with the Ministry of Housing, are working on a pilot project that will not only bring down the cost, but also reduce the time required to build a house. The Government has given the IITs the mandate to develop a model with flat size in the range of 21-27 square metres (approximately 210-270 sq ft). B. K. Chakravarthy, Head, Industrial Design Centre at IIT-Bombay, said the main idea behind the project is to create an integrated solution for energy

efficient and eco-friendly houses and high-quality mass production of building materials that can bring down the cost

of construction by 10-20 per cent in the urban areas and by 40-50 per cent in the rural market.

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Govt's hurried FDI measures cutting no ice

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onths before the Lok Sabha elections, the government seems to be trying to make up for lost time, at least in decisions on foreign direct investment (FDI). It is soon going to throw open sectors like the railways for foreign participation — something controversial until a couple of years ago. Also, foreign players might soon be allowed to sell to consumers anything from locks to laptops online. But, the question that looms is: Who are these players and are they really interested? A discussion paper on allowing FDI in e-commerce was floated by the commerce & industry ministry recently. Besides, the Department

of Industrial Policy and Promotion (DIPP), the nodal agency for FDI, is keen to push foreign investment in low-cost housing. But where are the takers? A top official involved in formulation of the FDI policy told the government was trying "to do its best" in bringing reforms by allowing more FDI in some crucial sectors but was finding it hard to find investors. According to experts, the government has taken a flurry of measures to relax the country's FDI norms, but investors have shied away from putting in money due to the fear of a rollback of decisions later. "Investor sentiment is hurt. It is

deeply harmed by the fact that there is no stability, certainty and predictability in policy decisions today. As an economy, we have hit the rock bottom. Investors have gone into a wait-and-watch mode so far as FDI is concerned. They are now waiting for the new government to come in. The fear of a rollback is always there," says Punit Shah, co-head (tax), KPMG. According to the 12th Five-Year Plan, the country will require $1 trillion to upgrade its ailing infrastructure, such as the highways, ports, railways and airports, which will be crucial for the growth of the economy.

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Cement consumption may go up by 8-9%

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ement consumption in the country is expected to rise by 8-9 per cent over the next year, taking estimated cement consumption in 2013-14 fiscal to about 280-285 million tonnes (mt), from around 260 million tons in 201213 fiscal, the Cement Manufacturers Association said recently. "The slowdown in the economy, including dried up

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investments in infrastructure, has adversely impacted the cement industry and its capacity utilisation. Aggressive efforts need to be undertaken to catalyse the industry," Puranmalka Whole-time Director, UltraTech Cement, who has been elected as its new President for 2013-14, said.

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News Watch

National Appoint regulator to implement forest policy: apex court

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he Supreme Court recently directed the Centre to appoint a national regulator to oversee the implementation of forest policy, rejecting the contention that there was no need for such a body. A threejudge Bench headed by Justice A. K. Patnaik also ordered the Centre to file an affidavit on compliance of its order by March 31. “We direct the Union of India to appoint a regulator with its offices in as many States as possible,”

the Bench, also comprising justices S.S. Nijjar and F.M.I. Kalifulla, said while rejecting the plea of the Ministry of

Environment and Forests (MoEF) that there was no need to appoint a regulator to oversee the implementation of forest policy. The Bench made it clear that the clearances under the Forest Act would be granted by the MoEF but the regulator will see the implementation of the Forest Policy of 1998. Further, it said that the Environment Impact Assessment (EIA) notification of 2006 would now be dealt with directly by the national regulator for every project.

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Flat owners not ‘owners’ of common facilities

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he Supreme Court has ruled in a landmark judgment that a colonizer must provide schools, hospitals, community centres, and other community buildings in group-housing complexes, and that the land over which these facilities are raised belong to the colonizer. The Supreme Court ruled that a colonizer has "undivided interest" in

common areas and facilities including schools inside a housing complex. The judgment says, "...the ownership right over the land earmarked for schools, hospitals, community centres and other community buildings referred to in Section 3(3)(a)(iv) of the Development Act of Haryana vests on the colonizer." The judgment will have a far-reaching

implication in the development of townships. The judgment says, "The colonizer has to provide those facilities in discharge of its legal obligations under the Development Act and the Act itself has recognised its or his legal ownership over the area set apart for those facilities under Section 3(3)(a)(iv) of the Act."

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Mumbai property owners get tax relief

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roperty owners in Mumbai have received interim relief from a new capital value-based property tax regime that may increase taxes by up to 300%, with the Bombay High Court intervening in the matter. The high court has allowed property owners in Mumbai and its suburbs to pay taxes as per old rates along with a 25% differential between the old and proposed system until a final decision is made. Several entities including the Property Owners' Association had in October moved the court against the imposition of the new property tax regime with retrospective effect from April 2010. The proposed tax calculation system is based on the capital

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value of the property, factoring the ready reckoner value on the basis of age, price, location and type of property. The earlier

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system was based on a ratable value that represents annual rent the property is or can be leased out for.

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News Watch

National Highway projects hit the PPP roadblock

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ndia has had the largest road implementation programme in the public-private partnership (PPP) mode globally. But of all the projects undertaken till date, only 32 per cent of the awarded ones, accounting for 21 per cent of the total target length and 16 per cent of the total cost, are fully complete. The data

excludes partially completed projects. That said, 35 projects to develop 5,245 km of road are yet to get the appointed date. In effect, construction work is yet to start on 14 per cent of the projects and 24 per cent of the road length involved, according to data by National Highways Authority of India (NHAI).

The PPP experience in the road sector of India has witnessed many roadblocks. There were overoptimistic bids that further got messy with the Government’s own unpreparedness in meeting its obligations — acquiring land on time. These delays have added to the costs and for over a year now, several Government agencies have been trying to renegotiate the stressed projects, further pushing up the public costs of PPP projects. In 201213, as GDP growth slowed and funding costs increased, there was a 17 per cent drop in total investments on roads against last year, driven by a 23 per cent drop in private sector spending. With indications that 2013-14 could face a similar situation, isn’t it reason enough for the Government to move away from PPPs and start spending money on building highways?

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Infrastructure reforms to accelerate project execution

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he country's infrastructure sector, grappled with several challenges such as policy delays and financing issues, expects the situation to improve after a couple of quarters as some reforms initiated by the Government would yield results by then. Diversified companies such as GVK, Lanco and GMR, which have a portfolio of gas-based projects, have been adversely affected by poor gas supply from the KG Basingas

producing fields, off the Andhra coast. Three broad challenges infra companies face have been identified — policy delays and clearances, financing issues such as high interest rates and poor liquidity, and fuel concerns for power projects. The next the financial year (2014-15) is expected to be better as some of the reforms initiated by the Government get implemented. It is also expected that

the liquidity situation would improve. All these would attract overseas investors back to projects in India. The year 2014 is expected to see a series of stake sale deals in the road, airport and power sector assets. Several companies are close to inking deals. These include the NCC-Gayatri power plant in Andhra Pradesh, and GVK's airport and Lanco Infra's power stake sale plans.

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VAT applicable on under-construction industry

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n case of a property that is under construction, Value Added Tax (VAT) is leviable. The issue has been subject to judicial review in various courts. The Supreme Court has reaffirmed this in a recent case. According to the Supreme Court, VAT will apply to a property that is under construction. It will be applicable on a building contract. In the case, a developer developed the property of a landowner. A certain percentage of the

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developed property was provided to the owner and the developer had the rights to the rest of the property. The developer then executed sale agreements with buyers, who were to get possession of the fully-built flats along with an undivided interest in the land. The court held that such a sale agreement will attract VAT as a tax on transfer of property in the goods involved in the works contract.

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News Watch

State Land to lift Vishakhapatnam port revenues

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he new land use policy, approved by the Union cabinet recently will pave the way for India's 12 major ports to optimise land use in about 2.65 lakh acres. Industry experts say while this is a step forward for port authorities to monetise their land, ports will seek more clarity on the policy. Under the new policy, the major ports can allot the land owned or managed by the port trusts through licences or leases and the valuation of the land will be done based on the market value set by TAMP, that is, the Tariff Authority for Major Ports. TAMP would do the land valuation after consulting the stakeholders. Chairman of Vishakhapatnam

Kolkata port trusts

and RPS

Kahlon says while a proposal for non-operational activities on land is desired at the Kolkata port, the policy approval will lead to higher revenues at the Vishakhapatnam port. “The Vishakhapatnam port will see an uptick in revenue as the port would be able

to lease out land on a long-term basis for storing and processing commodities like iron, coal and fertilisers. But the leasing of land will take some time as it needs more planning on the part of ports.” With the new policy, land can be leased up to 30 years by a port with the approval of its board of trustees. Leasing above 30 years, and for a maximum of up to 99 years, will need the shipping ministry's approval. According to the new guidelines, ports can lease out land through a tender to develop storage facilities and cargo-related activities. Agencies essential for the functioning of the port, like customs, health, electricity and government schools and colleges, would get a discount on rents of up to 75% from the port trusts.

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Six out of 14 infra projects from AP under CCI consideration

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mid the government's intent to fasttrack infrastructure development, 14 projects worth over 33,000 crore in various areas are expected to be considered by the Cabinet Committee on Investment shortly. The projects are in the sectors of industry, petroleum and natural gas, power, road transport and highways, shipping, textiles and railways. Out of the 14 projects, six are for Andhra Pradesh, four for Maharashtra, three for Karnataka and one for Jharkhand, sources said. These projects, pending clearances on

various counts including environment, are being put up before the CCI amidst the government’s intent to push infrastructure development to shed the perception of policy paralysis. Prime Minister Manmohan Singh made it clear during his press conference on Friday that the government would push reforms in its remaining period while acknowledging that infrastructure bottlenecks and delays in projects clearances had influenced and contributed to the economic slowdown. In the power sector, projects worth 8,214 crore are on the agenda of CCI's consideration. These are a 1,320

MW Bhavanapadu Thermal Power Project and a 300 MW Kaizen Power project proposed to be set up in Andhra Pradesh. Three projects worth 7,400 in the industry sector have also been lined up for consideration —a Pulp and Paper Project by ITC in Andhra Pradesh and a paper project of the Andhra Pradesh Paper Mills Limited, which involves foreign direct investment. With regard to the petroleum and natural gas sector, two projects worth 5,898 crore are under consideration — an LNG project and Resitement of Marketing Terminals project in Andhra Pradesh.

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Coastal Andhra, Mahabubnagar to have solar cities

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ndhra Pradesh will have two solar cities – one each in Telangana and coastal Andhra regions. They will be developed as part of the national plan unveiled by the Union Ministry of Renewable Energy. The Ministry has identified Vijayawada in coastal Andhra and Mahabubnagar in Telangana regions to be developed as solar cities. The MNRE has so far given in principle approval for 54 locations in the country to develop solar cities. In 2011, it announced a national plan to develop 60 solar cities. The master plan for Vijayawada city has been prepared with an estimated cost of Rs 256.50

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crore for various projects on solar grid connected and off grid applications, waste to energy, bio-methanisation, solar water heating systems etc. In

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contrast, Mahabubnagar Municipality is yet to take action for preparation of the master plan according to the Union Minister Farooq Abdullah.

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News Watch

State VUDA row house auctions in February

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he Visakhapatnam Urban Development Authority (VUDA) is conducting an open auction on February 15 and 16 for disposal of row housing bungalows constructed at Rushikonda. Applications will be received online till February 10, according to ViceChairman N. Yuvaraj. Applications for allotment of row houses for staff quarters and guest houses will also be accepted from the public, public sector undertakings, IT companies, MNCs and other interested parties. Public or private companies can apply for bulk allotment for the purpose of staff quarters and

allotment will be done in accordance with the auction norms. Similarly,

allotment will be confirmed on receipt of single application for a particular unit.

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Investment inflows in AP fall during Sept 2012-2013

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he outstanding investments attracted by the real estate sector across top 20 states of India dipped 6 percent between September 2012 and 2013 from over Rs 15.39 lakh crore to Rs 14.51 lakh crore, according to industry body Assocham. The real estate sector suffered turbulence in 2013 due to economic slowdown both globally and domestically, liquidity crunch, unstable currency, high input costs, labour shortage, high interest rates and growing inflation, according to industry body’s analysis –‘Real Estate Sector: Outlook for 2014’. Outstanding investments include all projects under various stages of announcement or

implementation. Jharkhand, Haryana, Madhya Pradesh and Andhra Pradesh have seen decline in investment inflows in the realty sector during the same time. On the other hand, Bihar, Jammu and Kashmir, Assam, Orissa and Uttar Pradesh have seen a surge in investments attracted by realty sector, the report said. Of the total investments, Maharashtra accounted for 20 percent investments, Gujarat 13 percent, Haryana 11.2 percent, Karnataka 11.1 percent, Uttar Pradesh 9.8 percent and AP 9.6 percent as of September 2013. The report said there has been a lull in the real estate sector in AP since September 2011,

when the sector attracted investments of over Rs 1.47 lakh crore. In AP, about 72 percent of total outstanding investments in the realty sector were under implementation as of September 2013 while nationally over 68 percent of total investments were under implementation. To perk up the real estate sector, Assocham suggested a single window clearance system to clear projects instead of seeking approvals from regulators and multiple authorities to save time and costs. It also suggested industry status and that the limit of interest deduction on housing loan should be increased to Rs 5 lakh from Rs 1.5 lakh.

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Hyderabad Properties near metro stations can be turned commercial soon

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and owners having properties within 300 metres of the proposed Hyderabad metro rail stations would soon be able to utilise their properties as per the new guidelines on Transit Oriented Development (TOD) prepared by the HMDA. Under the new rules, owners can use their property for developing malls, office spaces, hotels, restaurants, service apartments, hospitals, health clubs, high street retail

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business, entertainment zones or hostels, apart from residential purpose. Officials said 19 locations have been identified for such development – Miyapur, Kukatpally, Balanagar, Moosapet, Bharatnagar, Ameerpet, Punjagutta, Erramanzil, Khairatabad, Nampally, Nagole/Uppal, Tarnaka, Mettuguda, Parade Grounds, Rasoolpura, Hitec City, Raidurg, LB Nagar and Moosarambagh.

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February-March 2014

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News Watch

Hyderabad High Court ruling on Vacant Land Tax

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he High Court has ruled that the Greater Hyderabad Municipal Corporation has no right to levy tax on vacant lands other than the land appurtenant to buildings. A bench comprising Justice G. Rohini and Justice Challa Kodanda Ram declared that levying of tax on vacant lands other than the land appurtenant to the buildings as

provided under Section 212 (2) of the Hyderabad Municipal Corporation Act was illegal. K. Rajiv, a resident of Jubilee Hills, moved the court challenging the notice for a tax of Rs 2,44,753 on the vacant land. He told the court that he had applied to the GHMC to construct a house and the permit was given in 2008, and construction completed in 2010. He

said GHMC had demanded vacant land tax for 2006-10. Rajiv said there was no provision for vacant land tax in the Act. The HC directed the GHMC to calculate property tax in the manner explained in the judgement in the Himayatnagar Ratepayers Association vs the Hyderabad Municipal Corporation Commissioner case.

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Special Authority for ITIR

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o make Information Technology Investment Region (ITIR) a reality, a special authority, 'Hyderabad ITIR Development Authority', will be set up soon. The authority is likely to be under the AP Industrial Infrastructure Corporation (APIIC) as the latter would act as nodal agency for the ITIR. The special authority, covering about 202 square (sq) kilometres (kms) in Hyderabad and Rangareddy districts, would be constituted by the municipal administration and urban development (MA&UD) department under the AP Urban Development Act, 1975, on the lines of the Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Gujarat. A detailed master plan (as an annexe to the existing master plan) would also be prepared by the APIIC by integrating the ITIR with the Hyderabad Metropolitan Development Authority (HMDA) master plan. The MA&UD department would soon notify the delineated area. The

information technology, electronics and communication (ITE&C) department has asked the GHMC and HMDA to conduct feasibility studies for extending existing MMTS connectivity from FalaknumaUmdanagar-Airport route to ITIR and also connectivity to Outer Ring Road (ORR) from radial roads.

The new authority will issue building permissions, take care of land use, provide and maintain basic amenities like roads, water, sewage and also collect property tax in ITIR on the lines of Industrial Area Local Authorities (IALA). The IT, ITeS firms and IT campuses planning to set up shop in ITIR would be exempted from zoning regulations, where they could convert their allotted land for other purposes (residential, commercial, institutional or public-semipublic, industrial, conservation and agricultural use zone). The firms need not pay any land conversion charges to the authority. The firms that come up in the ITIR could also hold huge extent of land since there was no necessity to file any declaration or obtain permission of Urban Land (Ceiling and Regulation) Act, 1976, as the Repeal Act 1999 was adopted by the state. However to claim exemptions, the firms should be notified by the IT&C department.

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Merger of 36 villages with GHMC cancelled

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tiff resistance from villagers,opposition from corporators of all political parties and legal hurdles have finally forced the state government to cancel the merger of 36 surrounding gram panchayats with the GHMC.The villagers were against the merger as they felt that they will be burdened with more taxes when they come under the GHMC and also because they were not consulted.The notifications that merged the 36 gram panchayats were issued between July and September 2013.The villages that were de-notified

were Shamshabad, Kothwalguda and Satamrai in Shamshabad mandal, Jawaharnagar in Shamirpet mandal, Gandipet, Kokapet, Vattinagulapalli, Neknampur, Puppalguda, Khanapur, Hydershakot, Manchirevula, Narsingi,

(Source: From newspapers and sites)

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Bandlaguda Jagir, Kistampur, Himayatsagar and Peeramchervu in Rajendranagar mandal, Pragatinagar, Kompally and Nizampet, Bachupally and Dulapally in Qutubullapur mandal, Boduppal, Peerzadiguda, Medipally, Parvathapur, Chengicherla in Ghatkesar mandal, Nagaram and Dammaiguda in Keesara mandal, Gundlapochampally in Medchal mandal, Jillelguda, Pahadisharief, Meerpet, Jalpally and Kothapeta in Saroornagar mandal and Kalwancha in Hayatnagar mandal.

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Cover Story

Brand Vizag all set to take off From a long drawn incubation to a steady rise, the pace of massive development in and around Visakhapatnam has placed the city on a growth trajectory, finds Jydip Mukherji

Comparative growth: (Refer to chart A) The chart below shows the

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compounded annual growth rates (CAGRs) of each city over this sixty-year period. As you can see, Vijayawada and Vizag grew faster than Hyderabad. (Refer to chart B) The chart below gives a comprehensive view of the original values and changes since then on one chart. As you can see, the cumulative growth

Visakhapatnam-the promising realty destination: The property

Comparative Growth of Cities of Andhra Pradesh 1951-2011 Name of City Area under UDA City population City population % growth Compounded and UDA (in sq kms) as of 1951* as of 2011* annual growth rate in % Hyderabad 7,257 1026 7749 655 3.4 (HMDA) Vijaywada 7,068.20 161 1491 825 3.8 (VGTMUDA) Visakhapatnam 5573 108 1730 1502 4.7 (VUDA) Warangal 1805.00 133 760 471 2.9 (KUDA) Tirupati 1211.51 25 460 1725 5 (TUDA) ( *in thousands of persons)

Warangal Visakhapatnam Tirupati

3.8%

a

6723 (655%)

2.9% 4.7% 5.0%

1491

1026

1330 (825%) 161 161

760 626 (471%) 133

1730

Increase by 2011 1951 Tirupati

Vijayawada

Visakhapatnam

3.4%

Cumulative growth with original and changed values, 1951-2011 (population in thousands of persons)

Warangal

Hyderabad

7749

Vijayawada

Compounded annual growth rates (CAGRs) 1951-2011

Hyderabad

T

he bifurcation of the state might have gravely upset many within a divided Andhra Pradesh (AP), but it's local real estate industry surely has reasons to cheer. The five out of the seven urban development authorities (UDA) of AP namely- Hyderabad Metropolitan Development Authority (HMDA), Visakhapatnam Urban Devlopment Authority (VUDA), Vijyawada-GunturTenali-Mangalagiri Urban Development Authority (VGTMUDA), Kakatiya Urban Development Authority (KUDA) and Tirupati Urban Development Authority (TUDA) are expected to see a surge in business according to market analysts. Quli Qutub Shah Urban Development Authority (QQSUDA) and Sri Satya Sai Urban Development Authority (SSUDA) being the other two out of the seven UDAs of AP, where not much is happening as of now. While the surge may vary across the UDAs based on various factors, HMDA being the part of joint capital of Telangana and rest of Andhra Pradesh state will see significant growth and KUDA being in close proximity to the capital region will have a relative positive impact. In the rest of AP VUDA and VGTMUDA are emerging as the two realty hot spots with also some significant positive impact on TUDA.

of Vizag was impressive. Large public investments, like the shipyard, steel plant, played a part in this growth, just like large public investments- BHEL, IDPL, etc. did in Hyderabad. So the comparative tables give only growth in population, which is more in Vizag, Vijaywada and Tirupati as compared to Hyderabad. However, these cities are lagging behind in terms of social infrastructure, employment generation and general infrastructure.

1622 (1502%)

460

108

25

B

435 (1725%)

(Sources of the charts A & B: 1. K Narayan Reddy, Urban Redevelopment: A study of high-rise buildings, 2. K Ranga Reddy and MSA Rao, Cities and Slums: A study of squatters' settlements in the city of Vijayawada, 3. V Ramakrishna Reddy, Economic History of Hyderabad State: Warangal Suba (1901-1950), 4. Wikipedia page on Vizag , Historical Population table, 5. Government of AP, Census of AP, 2011)

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Cover Story business is largely driven by sentiments. In the coming months, once people get accustomed to the new arrangement, post bifurcation, sales will take off. Developers are expected to concentrate more in putting their money in their native places. Among the emerging realty hotspots since a lot has already been talked about Hyderabad and the area covered under HMDA in the previous issues, in this issue we closely review the prospects of Visakhapatnam and the areas covered under VUDA as a promising real estate destination. The Visakhapatnam Urban Development Authority (VUDA): stretching over 5573 sq. kms in area includes Greater Visakhapatnam municipal corporation,

Dr. N. Yuva Raj I.A.S, Vice-Chairman VUDA commenting on the existing growth pattern of Visakhapatnam,“Vizag with a substantially large number of infrastructure projects, a population of 41 lacs is second largest in AP. A dwelling place can be rated by the availability of non agro industry based livelihood. Vizag’s large pool of central government agencies and industrial base has been the major source of livelihood in the region. We need to create a transport corridor on the lines Hydedrabad’s ORR like Vizag to Vizianagaram. Tourism, education and other growth nodes along the corridor would facilitate rapid development in the region. With this perspective a detailed project report has been

prepared and tenders have been invited for the semicircular transport corridor. Environment clearance study is going on the 134 km expressway between Vizag and Kakinada port. A proposal to develop ORR starting from Payakaraopeta on the national highway on southern side passing via Anakapalle, Relli in Kothavalasa mandal, Vizianagaram is also under consideration. Towards east of Vizag we have sea and in the west there are hillocks. Although people are now willing to go beyond the hills, but the city is expected to grow 35 kms towards south upto Aganampudi and 40 kms towards northwest upto Vizianagaram as per the ongoing development works of the government.”

Bay of Bengal

seven municipalities of Gajuwaka, Vizianagaram, Anakapalli, Bheemunipatnam, Amadalavalasa, Srikakulam and Tuni, besides Rajam nagar panchayat. The area also includes 1218 villages with a projected population growth of 61 Lakhs by 2021. The region endowed with rich mineral, water and forest resources is under tremendous change due to rapid industrialisation and development. As per the VUDA Master Plan for 2021 a series of ongoing as well as proposed developments including SEZ, Pharma city, industrial development clusters, tourism projects are expected to accelerate the pace of growth in the region. Abundant availability of government land gives wide scope for infrastructure development here. Drivers of growth Visakhapatnam provides good connectivity: Barring Hyderabad, it is the only city with good infrastructure comprising of two ports- Vishakahapatnam Port and Gangavaram Port, international airport,

rail connectivity to major cities and is centrally located between Kolkata, Chennai and Hyderabad. The city with a natural land locked harbour on the east coast and situated along national highway 5 provides good connectivity. The government has been widening and improving road linkages in areas such as Beach Road, NH-5, Rushikonda, Duvvada and Kapuluppada. Also, there are plans to construct a rapid transport system for buses in the next seven years. Vizag is growing at a considerable rate, affecting surrounding urban centres especially, Vizianagaram and Gajuwaka. Skilled work force and the socio-cultural edge: Vizag has easy availability of cheap, skilled, hard working labour locally as well as from adjoining regions; a large cosmopolitan English speaking work force backed by well developed infrastructure along with low cost real estate values makes it an attractive and affordable market. Balanced mix of all communities devoid of communal feelings is another advantage towards promoting stable growth. This burgeoning megapolis is a peaceful city owing to its cosmopolitan

nature and by virtue of its location stands as the socio-cultural hub of the Andhra and Rayalaseema areas. Formidable industrial hub: The main focus in the region is on the Vizag Urban Agglomeration that contains a major share of the region's population and economic activities including a number of large and medium industries with their activities centered around the port. A host of PSUs including Vizag steel plant and its related industries, BHEL, Hindustan Zinc, BHPVL, a big refinery industry with giants like Andhra Petrochemicals, HPCL, NTPC, IOCL,

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Cover Story fishing and sea food canning industry, great ware houses and a massive ship building industry are some of the major industries that have contributed to the strengthening of the city’s economy. The Eastern Naval Command, Naval Dockyard and Divisional Head

Quarters of the South Eastern Railway accompanied by scores of small and medium ancillary industries, business, trade and commerce have contributed to the fast growth of Vizag Urban Region. The Vizag port is the busiest among the major ports in the country today. It has already finalised a blueprint to handle 130 million tonne by 2016-17 with an investment of Rs.13,000 crore and is in the process of finalising a consultant to prepare a harbour blueprint and layout at Mulakedu, near Bhimunipatnam for setting up a satellite port with an estimated investment of Rs.2,000 crore. A host of port related industries including companies like Dredging Corporation are a major revenue earner. Brandix India Apparel City, the multi product Andhra Pradesh Special Economic Zone (APSEZ) at Atchutapuram

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in Vizag spread over 1000 acres, is one of its kind integrated textile and apparel manufacturing and export facility. Vizag Export Processing Zone at Duvvada, with a host of export processing industries, long-term private sector investments, extreme long-term central government investments have put Vizag on the global map. The petrochemical based industrialisation process with government stressing upon its development by bringing in its Vizag-Kakinada Petroleum Chemical Petrochemical Investment Region project (VK-PCPIR PCPIR), will further give impetus to the process of industrial growth in the region and the State. Expected to emerge as the largest petrochemical hub of India encompassing an area of 640 sqkm with a total population of 3.28 lakhs under its purview, the project has been planned for establishment of manufacturing facilities for domestic and export led production in petroleum, chemicals & petrochemicals,

availability and investment potential with a total employment generation of approximately 6.4 lakhs as against the existing 1.3 lakhs, the sectors that have been proposed to be the drivers of the Focus Categories High potential Chemicals and chemical products Textiles and Wearing Apparel Rubber and Plastic Products Downstream and Metals and Metal ancillary sectors Fabrication Machinery and Equipment Others Food Products and Beverages Paper and Printing Other Non-Metallic Mineral Products Electrical Machinery and Apparatus Automobiles and Auto Components Others

industrialisation process in the region are as follows.

along with the associated services and infrastructure. GMR with an investment of INR 33,000 crores as the anchor tenant along with NTPC, GAIL, RINL-VSP, GVK Power, Athena Power, Hinduja Thermal Power Plant and HPCL are among the other major companies expected to be part of the consortium. The region has seen a committed investment to the tune of INR 3.28 lakh crores. During the plan period (2011-2031), a steep growth of the manufacturing sector within VK-PCPIR is envisaged leading to a multiplier effect on transportation, logistics and related services. Based on the existing scenario of industrial development, resource

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Resurgence of IT & ITES: Vizag IT/ ITeS revenues soared 20% to Rs 1,445 crore in 2012-13 as against Rs 1,200 crore in 2011-12. The employment generated by the city’s IT/ITeS industry too increased to 16,988 jobs from 16,000 jobs, contributing Rs 1,500 crore to IT exports in the last fiscal year. The government is coming up with an IT incubation centre in Vizag to be completed in the next two to three months. AP government has proposed an ITIR spread over 12,000 acres as per Centre’s norms. It will attract an investment of Rs.50,000 to Rs.60,000 crore. IT SEZs at several places including Rushikonda, Madhurwara, Nakkapalli and, Kesarapalli have come up. The Society for Applied Microwave Electronic Engineering and Research (SAMEER), under the purview of the Ministry of Communications and Information Technology, government of India has decided to set up its campus in Vizag with an initial investment of Rs 80 crore. This R&D facility will also provide employment for technicians and engineers. TCS,


Cover Story

IBM, Wipro, Infosys, Mahindra Satyam, Patni Computer Systems, HSBC, HCL Technologies besides IT giants from Bengaluru and Hyderabad have set up their facility here. Education, Research and development: Vizag is considered a centre for education in Andhra Pradesh and there are a number of primary and high schools and colleges in the city. In addition to state-run schools there are a host of private institutions, missionary schools and colleges. The Indian Maritime University, National Institute of Oceanography, Andhra University imparting courses in arts, commerce, science and technology, engineering, IT, business management, law and pharmacy has helped to turn the place into an educational hub. Plans are afoot to set up an IIM and an Indian Institute of Information Technology. Integral Institute of Advanced Management (IIAM), Andhra Medical College, GITAM University, more than 50 engineering colleges, Damodaram Sanjivayya National Law University are among the prominent educational institutions located here. National Scientific technological laboratory, India's nuclear submarine projects are some of the research development facilities present here. Emergence of health care and pharma industry: Vizag has a fairly developed health care infrastructure. Multispecialty tertiary care facilities such as Care, Apollo, Manipal Hospitals are present. Tata Cancer and Advance Research Centre is coming up at Aganampudi in Vizag. Four big hospital groups including Apollo and CARE are coming up in the Health City project at Adarshnagar here spread over an area

of 100 acres. Aimed at showcasing Vizag as a hub for medical tourism for NRIs and others from the Middle East and South East Asia, the Health City with world-class facilities is expected to attract massive investment. The city is also the fastest emerging pharmaceutical hub of AP. In Jawaharlal Nehru Pharma City (JNPC) at Parawada major pharma companies like Lupin, Biocon, Hetero Drugs, Arked Chemical and Andhra Sugars have together invested around Rs 500 crore in land here. As a part of a JV between APIIC and Ramky group the pharma city has been developed on 1,400 acres. At present, 36 units are in operations here besides another 26 are under construction employing around 5000 people. Global hospitality and tourist destination: The City of Destiny has emerged as a global hospitality and tourist destination on the east coast of India. Some of the big names such as such as Taj group, ITC-Welcom Group, Park Hotels, Four Seasons, Novotel and

R. J. Vidyullatha, Chief Urban Planner, VUDA commenting on the administrative measures taken by VUDA to foster growth of Vizag,- “With 51 VUDA’s own layouts , 88 housing societies,11 rehabilitation projects, 900 private, 6 VUDA joint Venture and 68 APIIC and other in all totaling to 1124 layouts have been approved according to the VUDA Master plan 2021 as of now.

Encore Inn are already present here while new hotels, resorts and convention centres are also coming up. Vizag has a range of tourist attractions including beaches, cliffs, hilltop parks facing the sea, a beach road, a zoological park and wildlife sanctuary, hill stations, limestone caves, mountain ranges and valleys within a 100-kilometre (62 mi) radius of the city. RK beach, Lawson's Bay Beach, Rushikonda Beach, Yarada Beach, Bheemli and Gangavaram Beach provide ample scope for water skiing, sunbathing, wind surfing and swimming. The Indira Gandhi Zoological Park, located amid the scenic Eastern Ghats and surrounded by hills on three sides and the Bay of Bengal on the eastern side, is spread over 625 acres. It has at present 80 species of 800 animals and birds housed in open moats and aviaries surrounded by reserve forests. Brand Vizag will get a big boost as a tourist attraction as the Central Zoo Authority has approved the layout to convert the Animal Rescue Centre located opposite the Indira Gandhi Zoological Park into a safari for lions and tigers. The historical Simhachalam temple, which has the shrine of Lord Narasimha, Araku valley located at a distance of 112kms from Vizag and the Borra caves on the way to the valley at a height of over 1,000 metres and known for its gardens, valleys, waterfalls and streams are some of the famous site seeing places here. A number of Telugu, Tamil and Hindi movies are filmed here. Rama Naidu Film Studios is located here. In addition to picturesque locations,

Provision for affordable plots are being made with timely sanction of permissions, levy of reasonable development charges and creation of some infrastructure. This will enable the projects on the periphery to develop. We are in the process of rationalising the development charges from the core to the periphery and are soon going on the on-line mode.”

February-March 2014

25


Cover Story

tourist spots such as the Buddhist sites of Thotlakonda, Bhavikonda,Sankaram, Pavuralakonda on the Beach Road and Bheemili-Venkateswara Swamy Temple, Dutch Cemetery in Bheemili could spur tourism in the area. The Rs.45-crore VisakhapatnamBheemunipatnam Beach Corridor Project would make the city a hub for leisure tourists and beach lovers, Special Chief Secretary, Tourism Chandana Khan said recently. She said The government is keen on taking up Arogyadham, Science and Entertainment City, ropeway at Yendada, theme park, wonders of the world and international convention centre to put the city in world tourism map with an investment of around Rs.850 crore. VUDA had already identified 30 acres of land in Kapuluppada for the Science City and sent proposals for its approvals from the concerned authorities. It will take visitors on a thrilling space voyage past planets and asteroids in the solar system, the mysteries of the universe, into the vicinity of a black hole. Apart from the spots promoted by the State tourism Department, VUDA has developed a number of tourism projects on its own, with the trappings of a well-developed tourist destination like Singapore. Some of the tourism projects promoted and maintained by VUDA are: lKailasagiri l Rope WayConnecting the heights l Circular Toy Train l Kurusura Submarine Museum l Sandram-Lahiri..Lahiri cruise. Some of the major parksdeveloped by VUDA are: l VUDA Park l VUDA Kids Pride-The adventure Park exclusively for Children l Vaisakhi Jala Udyanavanam (Under Private Maintenance) l Tenneti Park l Beach Park on newly developed beach road l Mahatma Gandhi Park (Vizianagaram) l VUDA Children World with mini ZOO and landscaping. Upcoming areas

26

Visakha-Bheemili Beach RoadTourist Corridor: VUDA has taken up the widening of existing road between Visakha and Bheemili into a four-lane corridor. This project not only provides state of art transport facilities between the two major tourist port locations, but also imparts global recognition to tourism at Visakhapatnam. The 26 km road all along the beach from Visakhapatnam to Bheemili has landscaped avenues, view points on beachfront at selected places on either side. Swarnandhra Sagara Theeram, Kailasagiri, Tenneti Park, Kaartheekavanam, Thotlakonda, Bavikonda and Bheemunipatnam are the must-see locations on this Beach Road Tourist Corridor. Emergence of a retail hub: The Port City is fast emerging as a hotspot for retailers in South India thanks to the rising per capita incomes, a study by retail IT solutions provider Ginesys has found. Ginesys chief executive officer Prashant Lohia says, "The rise in discretionary/per capita income has given a boost to retail consumption in tier-II cities and towns like Vizag. These places have witnessed rapid improvements in infrastructure and logistics, enabling retailers to set up their outlets to cater to the growing demand." According to the report, Vizag has been able to attract retailers in hordes as the place is emerging as centre for heavy machine industries, automotive industries as well as a hub for mineral exports through the traditional sea trade. “This heavy commercialisation can be considered a key factor responsible for the high retail density. All these trading activities generate high incomes, which in turn leads to higher retail penetration," the report said. Residential realty: is developing at

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

a rapid pace. In the last few years the city has been scaling upwards in terms of supply. Both Indians and NRIs showed great interest in investing in this city, and a number of premier and budget housing projects have now sprung up. Buyers with a higher budget can look forward to buy a modest house in posh areas like Lawson’s Bay Colony, MVP Colony and Beach Colony. Although the coastal areas are the most sought after locations for both residential and commercial real estate, the outskirt like Muralinagar, PM Palem, Yendada, Sheela Nagar, Gajuwaka and Visalakshinagar have reasonable property rates and are expected to grow rapidly to become great property location in the city. VUDA has developed residential projects through public-private partnership with prominent local developers. Madhurawada, Parawada, Bheemunipatnam, Pendurthy, Tagarapuvalasa and Bogapuram are emerging as the most sought after A. Ramesh Babu, Secretary APREDA, Visakhapatnam chapter on emerging residential hot spots of Vizag-, “At a time when Madhurawada has gained prominence as a residential and educational hub over the last five years, the merger of Bheemili with Greater Visakhapatnam Municipal Corporation (GVMC) and the initiation of the Vizag-Bheemili Beach Corridor project could turn Bheemili into a tourist-cum-residential hub in the next half a decade. Bheemili and a few villages neighbouring it, including Kapaluppada, Cheppaluppada and Nidigattu, located between Madhurawada and Bheemili, will probably be the direction in which the city will grow in the future. Located ideally with the beach on one side of Bheemili provides an ideal residential setting, while the national highway on its other side makes it well connected with Vizag.”


Cover Story region with many sea-facing property options available. Bungalows are the preferred second home. Upcoming projects to catalyse growth: Mega Housing Projects: Foundation stone has been laid for the construction of mega housing projects proposed under PPP model at Madhurawada and Rushikonda by Dr.Y.S.Rajasekhara Reddy, former Chief Minister of AP in 2005.

residential destinations. Madhurawada, located 14 kms from the city witnessed massive growth with the improvement in infrastructure due to it affordability factor and people’s preference to escape city’s pollution levels. Bheemili, located almost 25 kms from Vizag, offers similar conditions, except for the burgeoning price tag on Beach Road. The other similarity is that these areas are only about 12 to 13 kms from Rushikonda, which houses IT parks besides having large residential projects catering to the employees of the information technology sector. Commercial realty: Similar is the case with some commercial centres such as Dwaraka Nagar and Dhaba Gardens, which also have apartments and independent houses. Gajuwaka, Seethamadhara have emerged as the other commercial and retail hotspots. With the city being a hotspot for industries, software companies, ITES, SEZ and BPO, the demand for commercial properties, including commercial rentals have increased since the last three years. With

G. Chakradhar, President APREDA Visakhapatnam chapter commenting on the projected real estate growth,- “There has been a consistent growth of real estate in the city and the market here is expected to grow further northwards. It has been a stable market in the last 10 years with natural

prominent companies like IBM, Mahindra Satyam, TCS, GAIL, Hindustan Ship Yard, etc., being located in the city, Vizag is now an ideal business destination. The upcoming Dwarakanagar, 15 km from Visakhapatnam has seen an influx of non-resident Indians (NRIs), on the back of many software and business processing outsourcing (BPO) companies setting up offices in and around the city. The Dwarakanagar belt has multiplexes and schools, and has become a commercial hub, with shopping centres in a two-three kms radius. The major growth corridor is in the north, along NH-5 towards Vizianagaram. Real estate prices in Vizag have appreciated many times in the past couple of years, nearly 50 per cent since 2007, say experts. According to real estate services firm Jones Lang LaSalle India's reports, the city is also the second home investment location choice for Hyderabad dwellers. Its USPs include relatively affordable property rates, decent appreciation potential, pleasant weather and the fact that it is a coastal and realistic prices. In Vizag people are expected to buy VUDA approved plots. Most of the developers have taken approval from VUDA or DTCP and developed their layouts as per norms. Markets are expected to grow in the short term by 20% to 30% in the plotted segment while in the construction segment by 30% to 40%.”

Vizag Metro Rail: The Centre has given an in-principle nod for the preparation of a detail project report (DPR) for the proposed Rs 4,000 crore Vizag metro rail project, Greater Visakhapatnam Municipal Corporation (GVMC) commissioner MV Satyanarayana said recently. The civic body would soon forward a report on the 'terms of reference' to the Centre for the finalisation of a consultancy agency to prepare the DPR for the project. The civic chief expressed the hope that the project would kick off in 2014. Projected growth: For the purpose of an integrated development of the region, growth centers, growth points and service villages are identified. The ever-growing need for housing is a critical issue. The total housing requirement in VMR for the additional population for horizon year 2021 is 2.94 lakhs. Eight new towns proposed would accommodate approximately 1.25 lakh new housing units.Visakhapatnam is witnessing an unprecedented growth due to all the above factors. It has been welcoming the quick appreciation of land rates from more than last five years. The growing NRI investments in luxury villas, apartments and farmhouses in the green environs of the city are also adding further to the growing real estate prices here. Even the commercial space sector is advancing with the setting up of large number of IT/ITES companies, malls, shopping complexes in the city. Visakhapatnam is seeing initial phases of rapid economic growth due to increasing investments across industries, improved infrastructure and urban governance. The city is expected to grow further more and good returns are anticipated on the back of steady current and future demand. jydip.mukherji@gmail.com

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Special Report

Escapade to Rajasthan

R Chalapathi Rao brings you the indelible memories of the trip that brought a pleasant change in the lives of APREDA members from their routine business chores.

A

thirty member strong group of APREDA members set on a sojourn of Rajasthan on 14th Dec, 2013. We were charged up with great enthusiasm when we gathered at our city’s Rajeev Gandhi International airport in the early hours of the morning and took a flight to Ahemedabad. Enthusiasm to explore some beautiful places together with fellow members sounded a fascinating experience. Each one with such diverse ideas, personality, thought process and yet at the same time enterprising in their own way promised to present an enriching experience. After reaching Ahemedabad we took a chartered bus to Mount Abu.

standstill, letting us free from our daily business chores. The countryside view of north Gujarat, village folks dressed up in their traditional Gujarati attire, the women clad in ghagra choli carrying pots of water on their head, the shepherds guiding their herds of sheep, goat, cow and buffaloes, the vast stretches of green fields along Mehsana, Unjha, Sidhpur and Palanpur with intermittent gentle gale passing by us at the stops in between mesmerised us into a state of tranquility. En route at 4pm we stopped over at Abu road.

Their after a wholesome lunch we visited the Solar plant erected by India One, which caters to the power requirement of Shantivan in close proximity. Shantivan is one of the facilities of Brahma Kumaris that has come up in the recent years, 6 kms away from Abu road on the way to Mount Abu to impart spiritual education and training. The main attraction here is its awe-inspiring massive Diamond Jubilee Hall. This simple yet elegant structure has the distinction of having the capacity to accommodate about twenty thousand people at a time. Here we heard an hour long discourse. It was seen to be believed the spectacle of the huge kitchen and dining halls there with modern gadgets and equipments with capacity to prepare food for thirty five thousand people, three times a day. On that day we were told 19,000 people had breakfast, 18,000 had lunch and 21,000 had dinner. The visit to the Godly Wood Studio in the campus kept members captivated previewing one of the programmes. Religious discourse and other spiritual television programmes are produced here for telecast on Peace of Mind channel of Brahma kumaris. By the time we reached atop at Mount Abu darkness had set in. We checked into our hotel and retired for the day. Mount Abu is situated at the southern tip of the Aravalli ranges, near the south weste of Rajasthan at an altitude of

Throughout the bus journey we had lot of thrills, pills and laughter. The world around us appeared to have come to a

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Special Report

1220m above sea level and is the highest point on the ranges. While sipping the morning bed tea next day to my surprise, as I pulled the curtains of my room, the breath taking view of the hills with a jacket of fog enveloping the sky awakened my inner being.It reminded me once again that we are on a height and energised me to get set for the escapade on the day two. The scenic landscape with gigantic rocks, array of coniferous trees, flowering shrubs and lovely lakes stand in contrast to the arid environment and has endowed the hill station with a pleasant climate. A boat-ride on the placid waters of the breath taking Nakki Lake studded with little islets was a joy indeed. The world famous Dilwara temples with rich and intricate marble carvings left us awestruck, pondering over the workmanship of the artistes. These marble carvings are over a thousand years old. You would be compelled to wonder that when modern sculpting gadgets were unavailable at that time how they managed to create such masterpieces.

towards its spiritual destiny and thereby help with the birth of Satyug. Madhuban houses Pandav Bhawan the original administrative block of Brahma Kumaris comprising of the kutir and samadhi of Brahma baba, their founding father and Om Shanti Bhawan, the Universal Peace hall. Located at a distance of 4kms away Gyan Sarovar, the University of Spirituality has 14 seminar halls and one convocation hall offering courses on spirituality and family development. Gyan Sarovar Academy for a Better World is an international campus, aims at enabling all to reach their unique human potential and cultivate the values of our common humanity.

A short walk at the global headquarters of Brahma Kumaris’ consisting of the two campuses of Madhuban and Gyan Sarovar, took us away from the maze of activity into the tranquil seclusion of this sacred destination whose atmosphere emanates a sense of enchantment. Their worldwide women-centric spiritual movement has one mission: to guide humanity

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After lunch we proceeded to Udaipur by our chartered bus. By the time we reached Udaipur it was late in the evening and we retired in our hotel rooms. With the ochre and purple ridges of the wooded Aravalli Hills stretching away in every direction, Udaipur has a romance of unmatched setting. Fantastical palaces, temples, havelis and countless narrow, crooked, colourful streets add the human counterpoint to the city’s natural charms. Surmounted by balconies, towers and cupolas towering over the Pichola lake, the imposing City Palace is Rajasthan’s largest palace. The main part of the palace is open as the City Palace Museum, with rooms extravagantly decorated with


Special Report

mirrors, tiles and paintings and housing a large, varied collection of artefacts. It gives a good sense of Mewar history and the aristocratic lifestyle of its rulers. Next day i.e day three at Udaipur members visited City Palace Museum and Jagdish temple near the palace.We witnessed Rajasthani puppet show and folk dance performances at Bharatiya Lok Kala Mandal a cultural institution engaged in promotion of folk art and culture of Rajasthan. Members also enjoyed shopping Rajasthani handicrafts and artefacts at Saheli Bazar and Babu bazaar. On the fourth day early in the morning we resumed for Ajmer and Pushkar. During the course of our bus journey an interesting discussion on spirituality kept us engaged for almost two hours. Interesting presentations from Dr GB K Rao, G Hari Babu and other members shortened the waiting time to reach the next destination. On reaching Pushkar situated 11 kms. to the NorthWest of Ajmer we witnessed the holy Brahma Kund (lake) and had darshan at the temple of Lord Brahma. Sacred to Brahma, Pushkar boasts of its temple dedicated to him, which is the only one of its kind in the world. As per Hindu legend, a dip in the waters of Pushkar and worship at his temple ensure salvation. Soon we reached Ajmer and paid our homage to sufi saint, Moinuddin Chishti at his shrine-Ajmer Sharif. The shrine has the grave (Maqbara) of the revered saint.

assistant vice president Anwar. We were given a warm reception there and taken around inside the company’s marble cutting and polishing factory in battery operated cars. Following the guided tour and an in-depth briefing on the facility, a dinner was hosted by them for all of us. The visit to RK Marbles was facilitated by Gopal Krishna of Gowra Hallmark. After dinner we proceeded to Ranthambore and reached there early in the morning at 3am. During the course of the bus journey the members did not allow the excitement of the trip to die down inspite of a long and tiring day by keeping themselves entertained in a long session of Antakshari. On the fifth day we visited the Ranthambore fort, which stands majestically, atop a hill overlooking the entire national park. The view of the surrounding keeps getting better and better as you go up but the view from the fort itself can only be described as breathtaking. The fort was constructed

From Ajmer on our way to Ranthambore we stopped over at RK Marbles at Kishangarh at the behest of company’s

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H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

in 944 AD by Tatu Meenas and is located at the height of 700 ft above the surrounded plain. The fort is huge and spreads across vast geographical area of around 7 km in circumference. The fort offers many interesting architectural and historical sites worth viewing. We also visited three Hindu temples dedicated to Ganesh, Shiva and Ramlalaji constructed in 12th and 13th centuries from red Karauli stone inside the fort. And then went for the jungle safari at Ranthambore National Park. The serene view of the flora and fauna, innumerable species of birds, some local to the habitat while others migratory in nature, our encounter with the spotted dear, Sambar and peacocks elated our spirits and enlivened our hearts. After our night halt at Ranthambore on that day, next day in the morning we proceeded to Jaipur. On the way the breathtaking view of vast expanses of yellow, the spectacular view of the mustard fields in full bloom was the grand finale to our trip. On the way there was a discussion on health with presentations from Dr GBK Rao, Hari Babu, Shankar Rao and myself. In the evening on reaching Jaipur we boarded our flight back to Hyderabad. And as none can hold the moments of time in their hands. Our trip too came to an end. The fun of exploring so many new places in the company of our fellow APREDA members for a change enhanced the joy of this escapade multiple times. The indelible memories of the trip has brought lot of freshness to our lives and even today we call up each other and experience great pleasure by recalling those moments in sheer ecstasy. sirisampada@icloud.com (The writer is executive vice president, APREDA)


Tribute

Bhawar Bhai we miss you “Your fond memories linger in our minds.”- P. Prem Kumar offers tribute to Late Shri Bhawar Lal Jain, former executive vice president APREDA on his first death anniversary.

P

ast is an integral part of the present times and we cannot forget the past because of its close connection with the present. On today's date last year i.e. on 12th Feb, 2014, Late Shri Bhawar Lal Jain, whom we endearingly called Bhawar Bhai left us for his heavenly abode. Time passes by leaving its feathers. And in no time one year passed by since he left us forever. In this last one year we missed his presence in everything we did, be it the last APREDA elections, AGM or the run up to the fourth APREDA property show and during the course of the show.

s u b s cr i b e

S h r i Bhawarlal Jain, my friend,

May your soul rest in peace. close colleague from the industry and an active member and former vice president of APREDA was a great thinker, planner, and a dynamic entrepreneur in whose association APREDA took a quantum leap in making its presence felt at the national level and attained overwhelming success in the hosting of the first three APREDA property shows. He will always remain close to my heart for his forthcoming and positive approach,

Moments of happiness that we shared together team spirit and the invaluable support he extended, especially in my tenure as the president, APREDA for four years. It is a strange co-incidence that the first meeting without Bhawar bhai as the Vice President was also my last meeting as president, APREDA. A prayer- “On this day, last year, at 5pm you left on your last journey leaving us all grief stricken. We miss you, your witty talks and gentle smile. You were our friend, philosopher and guide, always encouraging and motivating us in all our actions. Your towering support, spirited self and meaningful association boosted us in all our endeavours. Your welcoming approach, intimacy and the sense of winning over one and all, who came in touch with you, made you a great companion. In you we have lost our buddy whose absence can never be fulfilled. Bhawar Bhai, working with you was always fun with a lot of laughter and every obstacle seemed so easy to cross and every small victory was a celebration. Wherever you are, may the Almighty ordain salvation to your soul and grant strength to your family to bear this immense loss. Your fond memories linger in our minds.” toprem@hotmail.com

(The writer is former president, APREDA)

I want to subscribe to APREDA Horizons for 6 issues. For 1 year subscription I enclose a cheque / DD of Rs 200 or have made an online payment in APREDA Horizons, Andhra Bank, Srinagar Colony Branch, A/C No:054311100001927. Mr/Ms ______________________________________Address______________________________________________ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _City_ _ _ _ _ _ _ _ _ _ _ __ _ _ _ State_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _PIN_ _ _ _ _ _ _ _ _ _ _ _ Phone____________________________Email__________________________________________________________ D.D/ChequeNo_____________________Bank__________________________________________________________ /Date of online payment:_________________________________From my bank A/c no:___ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ________ From my bank name & branch:___________________________________________Signature:___________________ Cheque/D.D should be in favor of: AP Real Estate Developers Association (No cash accepted). Date :______________________

APREDA Horizons, AP Real Estate Developers Association,

Plot No. 43-A, Journalist Colony-A, Jubliee Hills, Hyderabad-500033, A.P. Tel: 040-65572184, +91-9989844467 email: editor@apreda.org

February-March 2014

33


Astrology

Effective remedies for a successful life

I

n today’s fast changing world, our day to day life is hectic. From career, relationships, home, family and other factors affecting us directly or indirectly, it is hard to lead a peaceful life. With Lal Kitab, you can bring back harmony and balance in your life. Lal Kitab needs no formal introduction. It is popular amongst masters of astrology. The measures are too simple to be explained in detail and too typical to be understood by an intelligent human being. Whatever be the facts they are quite effective and cannot be just given up for their simplicity. Rather they bring credit to him who suggests them. The remedies are simple, easy and cheap. Follow them and lead a happy, stressfree and successful life.

Remedies for Sun (Surya) •Begin any important work after eating sweet and then drinking water. •Do not accept anything in charity. •Worship Lord Vishnu. •Throw a copper coin in flowing waters of a river. •If there is marital discord or quarrels, put out fire with raw milk. Remedies for Moon (Chandra) •Get blessings of your mother by touching her feet. •Receive some solid silver as gift from your mother. •Do not get married at the age of 24. •Do not do business dealing in milk and dairy products, If moon is in Aries (Mesh) in your birth chart. •If moon is in Scorpio (Vrishchak) in your birth chart, then keep some water in a bottle taken from cremation ground in your home. When water dries up, repeat the process. •If moon is in Aquarius (Kumbha) in your horoscope then worship Lord Shiva. Chant the mantra "Om Namah Shivaya." •Keep a glass full of water near your head at night when you sleep. Next morning, pour it into the roots of an acacia (kikar) tree.

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Lal Kitab remedies can bring back harmony and balance in your life, says Numerologist Sshupriti Remedies for Mars (Mangal) •Keep fast on Tuesdays and donate sindoor to Lord Hanuman. •Throw masoor dal or honey in the flowing waters of a river. •Help your brother(s) from time to time. Do not annoy them. •Give frequently red clothes to your sister or maternal aunt or niece.

•Donate a cow in charity.

Remedies for Mercury (Budha) •Give green coloured bangles and clothes to eunuchs (hijras). •Throw a copper coin with a hole in it in a river. •Feed cows with green fodder or grass. •Donate a goat. •Do not accept or wear talismans (tabij). •Clean your teeth with alum (fitkari) daily. •Have your nose pierced for 100 days. • Wear copper coin in the neck.

Remedies for Rahu (Dragon's Head) •If suffering from the ill effects malefic Rahu then throw barley (jaun) or wheat (400 gms) in a river or canal (natural). (The water should be clean and flowing). •Give cooked red lentil (red masoor pulses) to your sweeper and or help him in other ways. •Eat in the kitchen when the kitchen fire is burning. •Donate radish. •Throw raw coal (kacha koyala) in the river if facing a lot of difficulties and obstacles. •Keep saunf or sugar in a red small bag under your pillow while sleeping. •Keep a silver square plate with you. •Bathe in sacred rivers or tanks.

Remedies for Jupiter (Guru) •Eat saffron (kesar). •Apply saffron on your nabhi and tongue in the morning after sunrise and bathing. •Apply saffron or turmeric paste on your forehead. •Do not cut peepal tree. •Show respect to it and water it daily. •Put some saffron, some gold, some white grams, and turmeric in a yellow cloth. Tie it and give the small bundle in a holy place or temple. •Give food to girls who are under nine years of age. •Wear solid gold in your neck. Remedies for Venus (Shukra) • T hrow a blue flower in dirty water or drain for 43 days. •U  se perfume, scent, cream, incense etc on fridays. •Worship goddess Lakshmi. •Give curd, (dhesi ghee) and camphor at holy place.

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Remedies for Saturn (Shani) •Feed crows for 43 days. •Pour mustard oil or alcohol on the ground (soil) in the morning after sunrise for 43 days. •Give baked bread (chapatis) with mustard oil applied on them to dogs and crows. • Donate iron.

Remedies for Ketu (Dragon's Tail) •Keep at home or feed a white and black dog (two colors only). •Give 100 chapattis (baked bread) to dogs. •Give / donate a cow (milk giving) and sesame seeds in charity. •Apply saffron (kesar) on your forehead. •Wear gold preferably in your ears. •Give white and black blanket made of wool in a religious Place. •Ganesh pooja will be helpful. saivision32@rediffmail.com (The writer is a leading Numerologist, Vaastu and Lal Kitab Remedy Expert)


Project Watch to where it stands today. The core management of the company besides him derives its strength from its two directors, M.A. Hussain with his rich experience of financial and HR management skills, constant public relations, hard working nature and coordination skills and N. Harikrishna, backed by a long marketing experience, amicable nature, motivational skills and his persuasive ability. Together the trio has taken the company to greater heights.

Sukhibhava Swagruha township

Trusted real estate brand of Vizag Sukhibhava Real Estates* Sweet Homes Pvt ltd has safeguarded the interests of the buyer by entrusting them with high appreciation oriented projects, finds Jydip Mukherji

S

ukhibhava’, is the selfless wish of others welfare and its positive vibration spreads abundant bliss as per the traditional belief of Indian culture. With this ideology Sukhibhava Real Estates, Sweet Homes Private Limited was established in Visakhapatnam on 27th October, 2001. An independent medium sized company with a global perspective, their motto has always been to safeguard the interest of genuine investor in the real estate segment.

of customers. And are hopeful that their projects will play a key role in the Visakhapatnam's transformation as Class-I global destination. Promoter’s Background: Leadership is defined as 'the process in which an individual influences the group of individuals to attain a common goal'. The leaders of Sukhibhava bear inherent testimony to this quality. The promoters stand not only for their individual cause but take responsibility of others too. G.S. Krishna Murthy, the managing director with his soft spoken, thoughtful approach and a long marketing experience has played an active role in shaping up Sukhibhava

Prime Objective: Winning over people’s heart is the core guiding force of their actions. Maintaining a high level of commitment, analysing and adopting their approach as per the ongoing demands of the society, promoting need based high appreciation oriented projects in and around Visakhapatnam has brought Sukhibhava into the lime light as a trusted brand in the real estate segment. The company is constantly striving to design new dimension projects to meet the expectations G.S Krishna Murthy

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M.A. Hussain

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Organisational strength: Likeminded, dedicated team from a diverse age group, working in perfect coordination, constitute their winning team. Periodic training programmes to keep their marketing, field and administrative staff abreast with the latest knowledge and upgrade their communicative skills keeps them motivated. The Sukhibhava advantage:

It is their responsibility and prime duty to offer the best available plot accompanied with well developed infrastructure at a competitive price to all genuine investors, who believe in the ideology of ‘investment on land is matchless’. Besides timely registrations of all properties sold to customers with the support of their site/ office crew has established Sukhibhava as a trusted brand. Their residential layouts stand as an icon of their vision. Sukhibhava takes great pride in having been able to reorient the customers towards Dakamarri upto Vizianagaram, when everybody is looking at Bhimili for their residential plots. As a result residential layouts have mushroomed throughout the NH 43 upto Vizianagaram.

Past Projects: With the support and encouragement of their global customer base, the company has completed 26 VUDA/DTCP residential layouts in and around Bhimili, Vizianagaram and Duvvada. Growing demand for flats and homes has enabled them to venture into construction too and so far accomplished 2,50,000 sft of constructed space in a decade’s time. Among some of their leading projects Sri Mahalakshmi Nagar Housing N. Harikrishna project completed recently is a jewel


Project Watch

for the residents in the surroundings of Gajuwaka and Duvvada area. The projects is ideally located just 5kms from the Duvvada, railway station, 13kms from the airport, close to steel plant, shipyard and the industrial belt, yet away from pollution. Spread over an area of ten acres the project is going to have commercial complex, gymnasium, indoor and outdoor games, club house, swimming pool, Kalamandappam and beautiful parks. With almost 70% developments already undertaken so far, loan approval from Vijaya Bank, Indian Overseas Bank and Canfin Homes has been received for Sukhibhava Homes’.

Sri Gayatri Township, duplex villas at Bheemili in the crown of Bhimili, the ‘Goa of the east coast’. One would get awe struck admiring the serene beauty of the duplex villas amidst picture perfect surroundings at Sri Gayatri township abutting Bheemili to Rajula Tallavalasa 100' Road also one of their recent projects. Sukhibhava Swagruha township one of their recently concluded 250 independent house project spread over an area of 6 acres boasts of excellent infrastructure and has become an important land mark in Tagarapuvalasa. Centrally positioned amidst several educational institutions and a host of upcoming projects coming up in the vicinity including APIIC-Gambhiram IT SEZ and Prema Hospital, it has emerged as treasure trove . Sukhibhava Homes

Sukhibhava GSN Gardens what customers of past projects say! As a first time buyer I was apprehensive. I did a lot of research and to my surprise found that Sukhibhava had quite a few projects in various stages of completion. Then I decided that unlike others who had one or two towers, Sukhibhava was more stable and committed. All I know is that Sukhibhava walks the talk. The one thing that struck me was their passion and enthusiasm, led by a committed leadership. -Ravichandra Kolluru, Associate Group Manager, Presales – Asean & North Asia, Tech Mahindra Sukhibhava ’s mission is not only to house the homeless in a most affordable way but also uphold a trust worthy name in the eyes of public. I wish that Sukhibhava grows in leaps and bounds in the years ahead and attains the pinnacle in the real estate industry.S.V.V.S.S.S. Sarma

The company in joint venture with Boppana Constructions, Hyderabad is coming up with Sukhibhava Homes, a magnanimous VUDA approved gated community at Pedagollalapalem, Duvvada. The project consists of apartments with a minimum size of 1000sqft, independent single storey houses of 1100sqft and duplex villas of 2000sqft in plots admeasuring 167sqyards and 200 sq yards. With well developed infrastructure it is a boon

Interiors

Sukhibhava Swagruha township

Proposed to launch individual duplex villa project at Dora Thota road, Bheemili, comprising of 80 villas each of 900 sq ft, spread over 8 acres, overlooking the sea on the slope of the hill, which has the 500 year old lord Narsimha temple. Good infrastructure development, well done up interiors, fully furnished villas GVMC approved, less than 20 kms from the core of the city, a pictures perfect view with just a km away from the sea, one can use it for residing or as a weekend getaway. Corporate social responsibility The company has been actively partnering charity programmes like blood donation camps, flood relief support, medical care and free distribution of medicines for the needy, besides feeding the poor. A cooperative society for the benefit of the customers and a charitable trust to centralise the social activities of the Sukhibhava family members are on the anvil. To Sukhibhava a dream home implies not just walls and roof, but a blend of several commitments, feelings and trust. The company adopts and analyses the needs and demands of the society, so their decisions emanate from the core of heart. A company which listens with the mind and works from the heart. www.sukhibhava.com/in/net/org advertorial

February-March 2014

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Priject Watch

W

ith an impressive track record of the last 16 years Chilukuri Housing Projects Pvt Ltd, a trusted name in real estate, gives you a feeling of comfort and security by turning your dreams into a reality. Armed with a team of highly qualified and efficient workforce including experienced civil engineers and architects, the group offers a wide range of options to its customers in residential, retail, commercial and industrial spaces besides sale of plots in VUDA approved residential layouts spread across different locations in and around Visakhapatnam. Promoter’s Background: The moving force behind the scene, Chilukuri Srinivas, MD, Chilukuri Housing Projects is a living Chilukuri Srinivas example of someone who with his hard work, dedication, commitment and the support of his team has so far completed seven apartment complexes and four layouts that now stand as landmarks. Hailing from an agricultural background his tryst with destiny turned him into a successful builder. With his family’s support, after completing his graduation Srinivas ventured into real estate business in 1997. His passion for aesthetics has seen him globetrotting and has turned his in-depth knowledge thus acquired, valuably in his projects. Motto: A judicious combination of the older generation’s experience and knowledge and the modern and dynamic approach of the younger ones always works wonders for a company. Realising the efficacy of this success mantra, Chilukuri has adopted it right from the beginning. Setting customer satisfaction as the main goal, the representatives of the group constantly strive to gain their faith. Impeccable ethics with a transparent and honest approach is the group’s mainstay. It is evident from the growing number of their clientele and thousands of satisfied clients. Past Projects: Seven apartment

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Chilukuri group forging ahead

Nestled in the serene surroundings of Kapuluppada with massive infrastructure development being undertaken around Brundavan Estates, the residential layout is a value for your money, finds Jydip Mukherji complexes of Chilukuri – Golden Gates at Madhurawada, Lotus Plaza at CBM Compound, Swarnajayanthi Towers at Balayya Sastry Layout, Vizag Towers at Asilmetta Chaitri Complex at Maddilapalem , Suharika Apartments at Nowroji Road and others were successfully completed on time. In 2003 the group made its entry into layouts with a fruitful completion of- Chilukuri Gardens at Madhurawada, Chilukuri Greenlands at Paradesipalem and Chilukuri Chandamama Colony at Desapatrunipalem. Chilkuri Brundavan beckons nature lovers Project Location: A joint venture with VUDA, spread over 175 acres within Greater Visakhapatnam Municipal

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Corporation area Chilukuri Brundavan Estates is the most prestigious project of the Chilukuri Group. Strategically located in northeast Vizag at Kapuluppada, connected by NH5, facing the 100 feet wide road that leads from Boyapalem junction to Mangamaripeta beach on taking a right turn, the venture promises plenty of amenities that are sure to wow the customers. On the way while coming from the city to the project you would pass by Kailasgiri hill, Indira Gandhi Zoological Park, Kambalakonda Eco-Tourism Park and the Rajasekhara Reddy Cricket stadium. After going 2 kms inside from the main road you reach the project area. Further 3 kms ahead of Chilukuri Brundavan is the beach. In the last 5 phases 125 acres have been developed, now in the


Priject Watch sixth phase the project has been further extended to include another 50 acres acquired recently for the purpose, taking the total project area to 175 acres. Chilukuri Srinivas, managing director Chilukuri Housing says, “It has been a dream come true and a great achievement of my life. It gives me great happiness for having been able to provide serene living spaces to our customers for the next level of lifestyle. The place is a natural heaven with the presence of non polluted SEZ in the vicinity. Social responsibility and not business has been my prime concern while initiating this project. Generations will remember me for entrusting them with this project. Not only I but even my staff and associates are attached to this project sentimentally. “ Location advantage: Many infrastructure development schemes by VUDA are being taken up in that area. It is a perfect combination of science beauty and convenience, with just a 20 minute drive from RTC Complex, 25 minutes from Vizag Railway Station and 35 minutes from the Airport. This lush green locality is close to the beach, IT Park, Rama Naidu Studios, educational institutions and the highway and is poised for enormous growth. 40 IT companies are housed in IT SEZ at Rushikonda hill top, the financial business district just 5 kms away. Abutting VUDA’s Kapuluppada layout in the vicinity, proximity to 18 engineering colleges, Geetam University, Medical Colleges the city is poised to expand in this direction. Brundavan Estates promises to be a great fortune for those who invest here. Project highlights: This residential layout is surrounded by a water body on the north besides beautiful fruit plantation in the open areas. Gambhiram dam excess water flows by in the water body

Testimonials on Brundavan Estates

Ramesh Vetcha, Senior IT Consultant, Deutche bank, UK- “The project location is good. I am satisfied with the ongoing developments; I like the plantation and the water management system considering the size of the project.” Allu Arvind eminent Telugu film producer“This is an excellent place and I wish it becomes a great place to live.” K Anand Babu, former Chief Urban Planner, VUDA “It is a unique project done in joint venture mode which further connects to the sea. This water has been efficiently harnessed by constructing check dams and water management systems to enrich ground water level in the layout area. Provisions have been made for 60 feet and 40 feet wide black top roads, underground drainage, underground power, drip avenue plantation and round the clock security within the project area. Children’s park, a mini zoo with birds and animals, boating and horse riding facilities have been developed here for the amusement of children. 8 acres of a centralised park with eye appealing landscaping and water fountains, local shopping area, banks and ATM’S, jogging and cycling track, Tennis, Volleyball and Basketball courts are being developed. A club house, 40 sqft indoor swimming pool, rooms restaurant, function hall, and helipad are proposed in the layout. The layout is as per Vaastu.

where the developer has put in lot of care for retaining the ecology, so that they could entrust to the inmates a natural living environment. Migratory birds visit the site as per season, lot of tree plantation and amenities make the project fulfilling and help the inmates to remain close to nature.” “It is an excellent place. I am fully satisfied with the venture developments and amenities. It is going to be the biggest venture in VIzag.”Girdhar Tollywood actor Project potential: Home loan approval obtained from India Bulls, ICICI, State Bank of India, Sundaram Bank, Axis Bank, BNP Paribas for the project so far. Progressing at the brisk pace, the venture till date has attracted investors from all over the globe, covering USA, UK, Middle-East, Australia and many places in Asia like Thailand, Malaysia, Singapore, China and Hong Kong. Professionals from all the major metro cities of India as well as a few film personalities are valued customers of the Brundavan Estates. CHILUKURI CITY OF ANGELS: City Of Angels another VUDA approved layout from Chilukuri located near Anandapuram, also promises to live up to its name. The area is pollution free zone and a fast developing hub with schools and reputed colleges in the vicinity. Away from the city’s hustle bustle, this locality is a peaceful gateway just at a distance of 20km from the Airport and 28 km from the railway station. Chilukuri Srinivas reaffirms that with the City Of Angels you can ‘start your new dream’. Blossoms Paradise: Blossoms Paradise at Madhurawada with two and three BHK apartment complex is under construction with a host of amenities. www.chilukurireal.com advertorial

February-March 2014

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Happenings

Gold medal for P Arjun Reddy at Morocco Open Badminton

T

Architect Narasimham.V.V.L awarded

his year Indian Institute of Architects (IIA) conducted its National Convention (NATCON) at Chennai hosted by IIA Tamil Nadu Chapter recently. As per the traditional practice of conferring award upon an IIA Member in India annually, this year ‘IIA out standing member award 2013’for contributing towards upliftment of architectural profession and the Institute as a whole in the country was given to Ar.Narasimham V.V.L the present Chairman of IIA A.P.Chapter by Dr. K. Rosaiah, Governor of Tamil Nadu. This is the First Time that any Architect from Andhra Pradesh state was given this award since its inception.

BWA diary and calendar released

P

Arjun Reddy, Director of Silpa Homes Pvt Ltd and active member of APREDA and nephew of former President, APREDA, P S Reddy has recently won gold medal for the country in doubles at the Morocco Open Badminton championship in the Men’s Doubles event held recently at Casa Blanca. The winning pair defeated the first seeded team in the semi-finals. He was presented with a bouquet by the President. Arjun Reddy dedicated the Trophy to APREDA and said he would win more in the years to come.

B

uilders welfare association, Guntur conducted ‘BWA Dairy & Calendar’ release program recently. The dairy and calendar was released by Agriculture minister Kanna Lakshminarayana and VGTM UDA Vice Chairman Vanukuri Srinivasreddy. The diary has been prepared with useful information for public and builders with contact numbers of department officers like GMC, Electricity, Labour department and UDA officers. The calendar has been prepared with Telugu panchang and information on Vasthu

A

Symposium on Service Tax

comprehensive symposium titled ‘A to Z of Service Tax’ was organised by APREDA recently at Taj Deccan, Hyderabad. The workshop was open to all members of APREDA and their accounting staff. It was conducted in two sessions. The guest faculty for session I were Natarajan and P Dwarakanath of Swamy Associates, Chennai and the faculty for session II was V S Sudhir of Hiregange & Associates. Session I included the Constitutional validity of declared services and the applicability of service tax to real estate builders and developers. Session II covered joint charge and reverse charge, demand, interest and penalties and the audit aspects. The sessions were concluded with an open house for 30 minutes. Over all it was a very information and educative symposium.

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H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e


Apreda Diary

Memorable Moments at the Monthly Meetings november 2013

december 2013

Advocate C Prabhakar Rao, chief legal advisor, APREDA presenting a memento to N Ramesh, appointed as joint general manager, HDFC, Chennai

Col (Retd) Narne Ranga Rao, founder president, APREDA presenting a bouquet to R Sandeep

P Dasharath Reddy, President, APREDA presenting a bouquet to Ch Madam Mohan of Vijetha Constructions

R Chalapathi Rao, executive vice president, APREDA presenting a bouquet to P S V Rami Reddy of Rami Reddy Constructions

P Dasharath Reddy, President, APREDA welcoming Potti Venkateswarlu of Vasavi Estates

P Dasharath Reddy, president, APREDA presenting a bouquet to M Sridhar Rao, member-governing council, APREDA for having been unanimously elected as president, ISB CEE Alumni Association, Hyderabad chapter

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H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e


JR One

NO-1 IN VERTICAL MOBILITY The advantages of having a JR1 new lift installed in your home are endless • Latest and universal design • Carrying capacity increased to 8 passenger instead of 6 passenger in new design • Increased speed 1m/sec instead of 0.65m/sec • With out mechine room (saving on construction cost) • Low noise, less vibration • Automated doors, No more manual doors • 60-70% of spares are imported • Continuous R&D • Reduced space • Lighter machine - Weight reduced to 100kg from 300 kg • Fire proof entrance protections doors • Rescue devise fixed by default, No additional charge levied • Only branded spares used JR 1 Lifts / Elevators • All features those are present in advanced lifts available

Other features • • • • • • •

Ensuring maximum safety and comfort Door interlock system Emergency stop with alarm Power backup facility Telephone One-touch screen controls Cable safety devices and lots more.

Coming soon

Chota lifT for Duplex house

JR One Lifts

Flat No. 104, Ground Floor, Block-B Prabhath Signature, Kalamandir Backside Kukatpally, HYdERABAd - 500 072 Phone:040-6569 5549 Cell:+91-93911 35549 email: jrlifts@yahoo.com janardhan.jr1@gmail.com www.jronelifts.in Branches Old Dairy form road, VIsAkHApATNAM Ph: +91-9391225940 Indira Nagar, kHAMMAM Ph: +91-9391226096 Participation Award from APREDA’s Property show -2013


Pulse

Monthly Real Estate Monitor – January 2014

Complied by

Trivita Roy Assistant Vice President Research and REIS Jones Lang LaSalle India trivita.roy@ap.jll.com

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H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e


Auspicious Days

FEBRUARY 2014 Date

Day

09

Sunday

07:07 to 31:06+

10

Monday

07:06 to 13:30

12

Wednesday

07:05 to 24:44+

19

Wednesday

11:23 to 30:59+

20

Thursday

06:59 to 30:59+

21

Friday

06:59 to 11:00

27

Thursday

06:54 to 20:18

03

Monday

15:11 to 29:59+

12

Wednesday

06:42 to 15:11

17

Monday

14:01 to 23:31

19

Wednesday

06:35 to 24:04+

21

Friday

16:30 to 30:32+

26

Wednesday

10:53 to 30:28+

27

Thursday

06:28 to 10:40

28

Friday

07:51 to 28:51+

MARCH 2014

Auspicious days Humour Corner

46

Time (IST)

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Iam not Lazy iam just on my energy saving mode


Market Monitor

Residential Property Rates in Twin Cities Zone wise prevaling residential plot rates in sq yard and constructed floor space/ appartments in sq feet of the major localities of Hyderabad and Secunderabad.

North Zone

Central Zone

Locality PriceRange Price Range (Rs./Sq-ft) (Rs./Sq-Yrd)

Locality PriceRange Price Range (Rs./Sq-ft) (Rs./Sq-Yrd)

AS Rao Nagar Alwal Bowenpally Kompally Malkajgiri Sainikpuri Saket Sanatnagar

Ameerpet Banjara Hills Begumpet Himayath Nagar Jubilee Hills Mehdipatnam Padamrao Nagar S R Nagar Somajiguda Srinagar Colony

1900 – 2200 2000 – 2500 2200 - 2400 2300 – 2400 1900 - 2300 2100 - 3000 3200 - 3500 3500 - 4500

14400 - 26100 18000 - 37800 25200 - 34200 13500 - 27000 22500 - 31500 10800 - 19800 10800 - 18000 30600 - 49500

3600 – 4100 31500 – 46800 7000 - 10000 49500 - 90900 4500 – 6000 30600 - 45000 4500 – 6000 45000 - 63000 5500 - 7500 43200 - 54000 3500 – 4500 40500 - 58500 2400 - 4500 22500 - 34200 4200 - 4500 27000 - 45000 3200 – 4000 36000 - 49500 4500 - 5000 25200 - 31500

East Zone Locality PriceRange Price Range (Rs./Sq-ft) (Rs./Sq-Yrd) Bachupalli Bandlaguda Dilsukhnagar L.B. Nagar Pragati Nagar

1800 - 2300 2100 - 2400 2500 - 3000 2300 - 2700 3400 - 3500

19800 - 31500 13500 - 22500 34200 - 58500 18000 - 22500 13500 - 27000

South Zone Locality PriceRange Price Range (Rs./Sq-ft) (Rs./Sq-Yrd) Appa junction Attapur Hydeguda Rajendra Nagar Shadnagar Shamshabad

2600 - 3300 2300 - 2500 3000 – 3500 2400 - 3000 1200 – 2000 2100 - 3700

G.O Watch G.O.Ms. No’s 581, 582, 583, 584 and 585 on revision of stamp duties: The revenue department (Registration and Stamps) has revised the stamp duty payable in respect of certain documents under schedule I-A to the Indian Stamp Act 1899. These changes have been notified vide G.O.Ms. No’s 581, 582, 583, 584 and 585 all dated 30.11.2013. The registration

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13500 - 18000 16200 - 22500 18000 – 22500 16200 – 31500 1800 – 5850 2700 – 4950

West Zone Locality PriceRange Price Range (Rs./Sq-ft) (Rs./Sq-Yrd) Chanda Nagar Gachibowli Hitech City Hyder Nagar KPHB Colony Kondapur Kukatpally Madhapur Madinaguda Manikonda Miyapur Moti Nagar Nizampet

see table on various type of instruments have been revised wide G.O. Ms. No 463 dated 17.8.2013. For the benefit of the readers a comprehensive table indicating the stamp duty, registration fee and transfer duty payable is given on page no 50, 51 and 52 indicating all the revisions that have taken place. G.O. Ms No. 469 on restricting building height: The MA & UD department has issued this G.O. dated

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

2700 - 3100 3000 – 4000 3900 – 4200 3200 - 3500 3200 – 3600 2500 - 3000 2100 – 2400 3000 - 4000 2300 – 2500 2500 - 3000 2800 - 3500 2200 - 2400 2700 – 3100

22500 - 30600 28800 - 63000 28800 - 40500 20000 - 30000 31500 - 45000 27000 - 37800 27000 - 34200 31500 - 54000 19800 - 29700 15300 - 17100 22500 - 31500 21600 – 31500 13500 - 25200

18.11.2013. Vide this G.O. a new Para has been added to G.O.Ms. No.168 dt 07.04.2012 which gives the government powers to restrict the height of buildings and nature of construction in any particular area either Suomotu or on receipt of proposal from commissioners, nagar panchayat, municipality, corporation or housing societies.


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A p p l i c a bl e r a t e s o f S ta m p / T r a n s f e r du t y a n d R e g i s t r at i o n f e e s S.No. Nature of Document (Relevant Article) Stamp duty 1 Adoption Deed (Art.3) Rs.35/- 2 Affidavit (Art.4) Rs.10/- 3 Agreement (Art.6) (A) Where the value (i) Does not exceed Rs.5,000/- Rs.10/- (ii) Exceeds Rs.5,000/- but does not exceed Rs.20,000 Rs.20/- (iii) Exceeds Rs.20,000/- but does not exceed Rs.50,000/- Rs.50/- (iv) Exceeds Rs.50,000/- Rs.100/- (B) Relating to construction of house 0.5% of M.V. of land and / flat or development or sale of immovable property construction (Not adjustable) (C)   In any other case Rs.100/- 4 Agreement (Art.7) (i) Relating to deposit of title deeds 0.5% (subject to a maximum of Rs.50,000/-) (ii) Relating to pawn or pledge or 0.5% (subject to a hypothecation of movables maximum of Rs.2,00,000/-) 5 Appointment in execution of power (Art.8) Rs.60/- 6 Articles of Association of Company (Art.11) (a)    If there is no share capital Rs.1,000/- (b)   If there is share capital 0.15% (subject to a minimum of Rs.1,000/- and a maximum of Rs.5,00,000/-) 7 Award (not directing partition) (Art.12) Rs.200/- 8 Cancellation deed (Art.15) Rs.30/- 9 Certificate of sale (Art.16) 4% 10 Conveyance (Art.20) 4% 11 Amalgamation or merger of companies (Art.20(d)) 2% on total value of shares issued / allotted by transferee-company and consideration, if any paid 12 Divorce deed (Art.25) Rs.5/- 13 Exchange (Art.27) 4% on consideration or M.V. of the property of greater value, whichever is higher 14 Further charge (Art.28) (i)                  With possession of property 2% (ii)                Without possession 0.50% 15 Gift (Art.29) (i)      In favour of relatives as defined 1% on M.V. u/s 56(2) of I.T. Act, 1961 and Govt./local bodies/U.D.As. (ii)    In other cases 4% on M.V. 16 Indemnity Bond (Art.30) 3% subject to a maximum of Rs.100/17 Lease (Art.31) (a)      (i)      for less than 1 year 0.4% on total rent

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H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Registration fee 500/Rs.500/- if susceptible to valuation, and Rs.1, 000/if not so susceptible.

Rs.500/Rs.500/Rs.500/Rs.500/0.5% (subject to a minimum of Rs.1,000/- and maxi mum of Rs.20,000/-) Rs.500/0.1% (subject to a maximum of Rs.10,000/-) 0.5% (sub ject to a minimum of Rs.1,000/- and maximum of Rs.5,000./-) Rs.1,000/Rs.1,000/Rs.500/Rs.500/Rs.1,000/0.50% 0.50% 0.50%

Rs.1,000/0.50%

Rs.500/Rs.500/0.5% (subject to a minimum of Rs.1,000/- and a maximum of Rs.10,000/-) -          do Rs.500/-

0.10%


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(ii) In other cases (a)    For residential properties 0.5% on A.A.R. (b)   In other cases 1% on A.A.R. (iii) for 5-10 years (a) For residential properties 1% on A.A.R. (b) n other cases 2% on A.A.R. (iv) for 10-20 years 6% on A.A.R. (v) for 20-30 years 15% on A.A.R. (vi) for more than 30 years OP in perpetuity 3% on M.V. of the property ( b) for fine, premium or money advanced without rent 2% on fine / premium / advance ( c) for fine, premium or money advanced 2% on fine / premium / in addition to rent advance in addition to the duty on rental basis. ( d) involving improvements, to be made over 2% on lumpsum amount to lessor at the end. in addition to duty on rental basis. (e) License granted 2% 19 Memorandum of Association of a company (Art.34) (a)    if accompanied by Articles of Association Rs.500/- (b)   if not so accompanied 0.15% (minimum Rs.1,000/- and maximum Rs.5,00,000/-) 20 Mortgage (Art.35) (a)    with possession 2% (b)   without possession (A)   in favour of Govt. / Local Bodies / U.D.A.s Rs.5,000/- (B)   In other cases 0.50% 21 Partition (Art.40) (a)    Among family members 0.5% on V.S.S.(subject to a maximum of Rs.20,000/-) (b)   Among others 1% on V.S.S. 22 Partnership (Art.41) (A) (a) where capital does not exceed Rs.5,000/- Rs.100/- (b ) in any other case Rs.500/- (B)  (a) if immovable property contributed by out- 3% on M.V. of such property going partner(s) remains with the firm on re- constitution. (b ) in any other case of reconstitution Rs.500/- (C) (a) if immovable property brought in by a partner 3% on M.V. of such property goes to another on dissolution/reconstitution (b ) in any other case Rs.500/- 23 Power of Attorney (Art.42) (i)  when given for construction / development or sale or transfer in any manner, of immovable property (a To any of family members Rs.1,000/- (b) To other than family members 1% on M.V. (ii) when given for other purpose Rs.50/- (iii) when given for consideration 1% on consideration 24 Attestation Special Power of Attorney (Art.42(a)) Rs.20/-

0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% Rs.1,000/Rs.500/-

0.10% 0.10% 0.10% Rs.1,000/Rs.1,000/Rs.500/Rs.500/- if capital exceeds Rs.5,000 and Rs.1,000/- if there is no capital. Rs.500/-

Rs.500/- if susceptible to valuation and Rs.1,000/- if not susceptible Rs.500/Rs.500/- if susceptible to valuation and Rs.1,000/- if not susceptible. 0.5% (subject to a minimum of Rs.1,000/- and maximum of Rs.20,000/-) -          do -          do Rs.1,000/0.5% (subject to a minimum of Rs.1,000/- and maximum of Rs.20,000/Rs.1,000/-

February-March 2014

51


Ready Reckoner 25 Reconveyance of Mortgaged property (Art.45(b)) Rs.50/- Rs.500/26 Release (Art.46) (A)   of a claim against specified property 3% on M.V. or consideration, 0.5% (subject to a minimum of whichever is higher Rs.1,000/- and maximum of Rs.10,000/-) (B)   Of benami right 4% on consideration -          do (C)   Of a right of redemption of M.W.P. or of a right Rs.1,000/- -          do to obtain reconveyance 27 Release of Deposit of Title Deeds ( Art.53 of Sch.1) Rs.1/- (Revenue Stamp) Rs.1,000/28 Sale of immovable property (Art.47-A) 4% 0.50% 29 Settlements (Art.49) (a)    in favour of family members 1% on M.V. 0.5% (subject to a minimum of Rs.1,000/- and maximum of Rs.10,000/-) (b)   In favour of others 2% on M.V. - do 30 Cancellation / Revocation of settlement (Art.49-B) Rs.90/- Rs.1,000/31 Surrender of lease (Art.52) Rs.30/- Rs.1,000/- fee paid on original, whichever is higher. 32 Trust (Art.55) (i)                  Declaration of – 4% (subject to a maximum Rs.500/ of Rs.200/-) (ii)                Revocation of – 4% (subject to a maximum Rs.500/ of Rs.100/-) 33 Ratification and other supplemental deeds Rs.5/- Rs.1,000/ (Section – 4) 34 Rectification -NIL – Rs.1,000/35 Agreement of sale-cum-G.P.A. 5% (4% adjustable Rs.2,000/ and 1% not adjustable) 36 Development / Construction Agreement-cum-G.P.A. 1% (Not adjustable) 0.5% (subject to a maximum of Rs.20,000/-) 37 Development cum Construction Agreement 0.5% (Non adjustable) 0.5% (subject to a maximum of Rs.1,000/- and maximum of Rs.20,000/-) 38 Decree (Art.20) 4% on M.V. 0.50% 39 Pari-passu Agreement (Art.6-A) Rs.100/- 0.50% 40 Agreement of sale with possession (Art.47-A) 4% (adjustable) 0.5% (subject to a minimum of Rs.1,000/- and maximum of Rs.20,000/-) Agreement of sale without possession 0.5% 41 Will Nil Rs.1000/Disclaimer: Readers are requested to verify the exact rates by refering to the relevant GOs.

Transfer Duty : Transfer Duty is applicable for all documents involving transfer of property at a uniform rate of 1.5%, except in the case of Gift deeds in favour of relatives and Govt Local bodies and UDA's, in respect of Panchayats in the state where the rate has been reduced to 0.5%. The collection charges in respect of Panchayats only are deductable @ 5%. NOTE: 1. Any document, not susceptible to valuation, attracts a fee of Rs.1,000/- 2. Any document, susceptible to valuation and not covered in categories (1) to (3) of Table of Fees, is leviable with a fee of Rs.500/- 3. As per C&IG’s Memo.No.S1/11217/2010, dt.26-072013, a document to be charged under Article 49 should be in favour of a person or persons having pre-existing right in the property and a transfer of self-acquired property

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without consideration shall be treated as a gift and charged under Article 29. 4. As defined under Section 56(2) of I.T. Act, 1961, the following persons are relatives and gifts executed in their favour are chargeable to duty at 1% on M.V. : (i) Spouse of the individual; (ii) Brother or sister of the individual; (iii) Brother or sister of the spouse of the individual; (iv) Brother or sister of either of the parents of the individual; (v) Any lineal ascendant or descendant of the individual; (vi) Any lineal ascendant or descendant of the spouse of the individual; (vii) Spouse of the person referred to in clauses (ii) to (vi). 5. As per item Nos.108 and 123 of Notification No.13, dt.17-12-1938, gifts in favour of local bodies including municipalities and corporations and Government are exempt from stamp duty.


Property Listing

RESIDENTIAL apartments

S.No.

real estate

Company Project Name Property Type Size Range

Contact No Location

1 Thirtha Projects Siddivinayaka 2 BHK Apartments 1170 sft - Pvt Ltd. 1200 sft Ravi - 9908155115 2 Gangothri Nakshatra, Residential Gated 1607 sft to K Madhuram Reddy - Developers Nakshatra Pride Community Flats 1739 sft 9000919222 3 Anuhar Homes Colors 2 & 3 BHK 1166 sft - Nagendra - Independent Flats 1604 sft 9866326099 4 Anuhar Homes A - Square 3 BHK 2120 sft - Nagendra - Independent Flats 2175 sft 9866326099 5 Anuhar Homes Coral Bells 3 BHK Apartments 2600 sft Nagendra - 9866326099 6 Anuhar Homes Yellow Blooms 3 BHK Apartments 2150 sft Nagendra - 9866326099 7 Thirtha Projects "Rock Cliff" 2 & 3 BHK Apartments 1125 sft - Subramanyam - Pvt Ltd. 1515 sft 9908155115 8 VPL Projects Pvt Ltd Green City Heights 3 & 4 BHK Luxury 1397 sft to Suresh Bavineni - Apartments 3534 sft 9848190700 9 VPL Projects Pvt Ltd Green City Towers 3 BHK Duplex 1361 sft Suresh Bavineni - Apartments 9848190700 10 VPL Projects Pvt Ltd Green City Homes 2 BHK Apartments 1100 sft - Suresh Bavineni - 1200 sft 9848190700 11 Jayadarsini Uttam Residency Residential Duplex 1600 sft Vinod K Uniyal Housing Pvt Ltd Apartments 9849222922 12 Sanvi Infra Projects Sanvi’s Sri Abode 2 & 3 BHK Apartments 866 sft to T Surya Prakasa - Pvt.Ltd 1660 sft 9885659463 13 Jain Housing & Jain Salzburg 2&3 BHK 914 Sft - Syed imran - Constructions Ltd Residential Apts 1273 Sq.ft 86860 45960 14 Ramky Estates & Ramky One North  Residential Apts 1035 sft - Sridhar Farms Ltd 1375 Sft 8105899779 15 Vamsiram Builders Jyothi Blues 3 BHK Apartments 1615 sft 9849558979 / 9642323313 16 Fortune Group Fortune Ikon 3 & 4 BHK Apartments 2125 sft - 7702333563 / 3375 sft 7702301233 17 Vamsiram Builders Jyothi Vista 4 BHK Apartments 4500 sft 9849558979 / 9642323313 18 Sri Krishna Builders Krishna Elite 3 & 3 BHK Apartments 1600 sft - Srichand Hinduja - 1900 sft 9292108365 19 Sri Krishna Krishe Valley Premium Residential 1850 sft – Suresh Sarma – Ventures Pvt Ltd Apartment 4500 sft 9985228889 20 Fortune Group Essjay Fortune 2 & 3 BHK 1165 sft - 7702333563 / Independent Flats 2100 sft 7702301233 21 Apurupa Apurupa' Srinivas 2 & 3 BHK 975 sft to Infrastructure Height Independent Flats 1565 sft 9949949439

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A S Rao nagar / Officers colony Alkapur Layout, Manikonda Alkapuri Township, Manikonda Alkapuri Township, Manikonda Alkapuri Township, Manikonda Alkapuri Township, Manikonda APPA Junction / Bandlaguda Apparel Export Park, Vadlpudi post, Vizag Apparel Export Park, Vadlpudi post, Vizag Apparel Export Park, Vadlpudi post, Vizag Attapur Bachupally Bandlaguda, Near APPA Junction. Bangalore Banjara Hills, Near TV 9 office Banjara Hills, Road No. 10 Banjara Hills, Road No. 5, Banjara Hills, Road No.10 Banjara Hills, Road No.12 Begumpet Boduppal


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on offer

apartments RESIDENTIAL

S.No. S.No. Company: Project Company Project Name Property Name: PropertyType Size Type: Size Range: Range

Contact ContactNo Location No: Location:

22 Shanta Sriram Satellite Township Spacious 2 & 3 BHK 1180 sft to 9951355885 / Constructions Super Deluxe Apts 1513 sft 04065656500 23 Praneeth Developers Praneeth Pranav 2BHK Independent 1050 sft to Varma - Meadows Apts 1400 sft 9849615833 24 Prem Constructions Prem's Sai 2 & 3 BHK 1107 sft - 9848027961 Brindavanam Independent Flats 1674 sft 25 Sai Shakti Projects Ashoka Residential 1245 sft - Akilesh - & SVAS infra Springfields Apartments 1760 sft 8897088000 26 Janapriya Engineers Janapriya Nile 940 sft - 23222999 Syndicate Valley 2 & 3 BHK Apartments 1495 sft 27 Vasavi Group Vasavi's Grande Residential 1200 Sft to Vijay Kumar Y - Vista Apartments 3200 Sft 9866487555 28 Choice India Guru's Choice 2 & 3 BHK 1150 sft to V.Srinivas Infra Projects Residency Apartments 1414 sft 9441115599 29 Alekhya Homes Foot Prints Residential 1165 Sft to Mr.Afroz : 1510 Sft 9000729977 30 Alekhya Homes Earth Song Residential 1300 Sft - Mr. Afroz : 1695 Sft 9000729977 31 Aliens Group Aliens Space 2 & 3 BHK Apartments 1122 sft - 9966234234 Station 1 2208 sft 32 Jain Housing & Jains Carlton Creek 2,3&5 BHK 1053 Sft - Syed imran - Constructions Ltd Residential Apts 2556 Sft 86860 45959 33 Patel Realty Smondo 2 & 3 BHK Apartments 990 sft - Ramesh 1435 sft 7799881247 34 Ramky Estates & Ramky Towers  Residential Apts 2235 to Tirupathi Reddy Farms Ltd 5120 Sft 9989055127 35 S & S Green Projects Green Grace 3 BHK Independent 2160 sft Pvt Ltd Flats 2870 sft 9052252222 36 Vasudeva Realtors Bloomfield Elation 3 & 3 BHK 1320 sft - 9393696959 Pvt Ltd Towers Apartments 2577 sft 37 Ramky Towers Ltd Ramky Towers Elite 3 & 4 BHK Apartments 2310 sft to Prashanth – 5120 sft 9177496767 38 Aditya Construction Aditya's Residential 1665 sft to Ramakrishna - Company Paramount Heights Apartments 2010 sft 9912225072 39 S & S Green Projects Green Meadows 2 & 3 BHK 1045 sft Pvt Ltd Independent Flats 1435 sft 9052252222 40 Shanta Sriram 2 & 3 BHK 1100 sft to 9951355885 / Constructions Sunshine Residency Luxury Apartments 1503 sft 04065656500 41 Mantri Developers Mantri Celestia 2 & 3 BHK 850 sft - Srinivas Manda - Pvt Ltd Apartments  1198 sft 9177444769 42 Ramky Estates & 1002 sft to VenuGopalReddy Farms Ltd Ramky One Paradize 3 & 4 BHK Apartments 1506 sft 9701001276 43 Modi Builders & Splendour Luxury Apartments  1716 sft - 9700085888 / Realtors Pvt Ltd   1933 sft 040-66336633 44 Muppa Projects Muppa's Green 2 and 3 BHK apartments 1100 sft to Satish - India Pvt Ltd Grandeur 1900 sft 9959397222 45 Manjeera Projects Manjeera Diamond 2 & 3 BHK 777 sft - 66176617 / Towers Independent Flats 1510 sft 23735194 46 Aparna Shelters Aparna Kanopy 2 & 3 BHK 930 sft - 9505201115 Pvt Ltd Tulip Apartments 1495 sft 47 Andhra Infra Projects Golden Ridge 1, 2 and 3 BHK 672 sft - 9440029000 / Pvt Ltd Apartments 1664 sft 8500040022 48 Sai Sai Ram Sri Sai Ram Towers 2 & 3 BHK 1200 sft - Projects Limited Apartments 2800 sft 9346046071 / 72 49 Vijetha Builders Sai Nivas Residential Apartments 965 sft Vijay Kumar - 9490748309

Bowenpally, Near Suchitra Jn Bowrampet / Bachupally Chandanagar Chandanagar, Near BHEL Chandanagar, Near Miyapur Dairy Farm Road, Alwal East Marredpally Financial District, Gachibowli Financial District, Gachibowli Gachbowli Tellapur Gachibowli Gachibowli Gachibowli Gachibowli Gachibowli Gachibowli Gachibowli Tellapur Gachibowli Extension Gachibowli, Near NASR School Gachibowli,  Near Wipro Junction Gajularamaram Gajularamaram, Kukatpally Gopannapally Junction Gopanpally Gachibowli Gudlapochampally, Kompally Gujularamara Quthubullapur Hafeezpet, Near Hitec-City Hashinapuram, L.B.Nagar February-March 2014

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Property Listing

RESIDENTIAL apartments S.No.

real estate

Company Project Name Property Type Size Range

Contact No Location

50 Theme Ambience Fort View 3 & 3 BHK 960 sft - 9348521652 Constructions Independent Flats 1480 sft 51 Cybercity Builders & Rainbow Vistas @ 1250 sft - Srikanth - Developers Rock Garden Integrated Township 2695 sft 9989424444 52 NCC Urban Nagarjuna 3 BHK Apartments 2340 sft Venkat Ramana - Infrastructure Residency 9885178890 53 NCC Urban NCC Urban Gardenia 4 & 5 BHK 3400 sft to Venkat Ramana - Infrastructure Duplex Apartments 4150 sft 9885178890 54 Shanta Sriram Supreme Residency 3 BHK Luxury 1600 sft to 9951355885 / Constructions Apartments 1642 sft 04065656500 55 Alekhya Homes Wind Chimes Residential 2200 Sft Mr.Afroz : - 2700 Sft 9000729977 56 Bhanu Estates Atria10 3 BHK Independent 2061 sft - 040-27890917 Flats 2887 sft 57 Vamsiram Builders Jyothi Senate 3 BHK Apartments 3500 sft 9849558979 / 9642323313 58 Vamsiram Builders Jyothi Anri 3 BHK Apartments 3200 sft 9849558979 / 9642323313 59 Vamsiram Builders Jyothi Signature 3 BHK Apartments 2800 sft 9849558979 / 9642323313 60 Vamsiram Builders Jyothi Dwelling 3 BHK Apartments 2600 sft 9849558979 / 9642323313 61 Aparna Constructions Aparna Aura 3 BHK Premium 1820 sft - 950520115 Luxury Apartments 2406 sft 62 Saket Engineers Saket Sriyam Residential 1241 sft - Hari Babu Pvt. Ltd. Apartments 1999sft 9652352233 63 Saket Engineers Saket Pranaam Residential 516 Sft - Hari Babu Pvt. Ltd. Apartments 1861 Sft 9652352233 64 Alekhya Homes Jasmine Residential 1140 Sft - Mr.Afroz 1695 Sft 9000729977 65 Choice India Choice India 3 BHK Apartments 2900 sft V.Srinivas Infra Projects 9441115599 66 Hallmark Green Canopy 2 & 3 BHK Apartments 1250 Sft - Ramesh - Alekhya Homes 1800 sft 9849958853 67 Narne Homes Carlton Creek 2 & 3 BHK Apartments 1364 sft - Siva Prasad - 2556 sft 9885976647 68 Rajapushpa Rajapushpa Atria 2, 3 & 4 BHK Luxury 1350 sft - Mohan Rao - Properties Pvt. Ltd. Apartments 3455 sft 9553988822 69 Rajapushpa Rajapushpa's 1250 Sft - Damodar - Properties Pvt. Ltd. The Retreat 2 & 3 BHK Apartments 2107 Sft 9666988588 70 Modi Builders & Palm springs Luxury Apartments 1431 sft - 9700085888 / Realtors Pvt Ltd 1910 sft 040-66336633 71 Fortune Group Kumkum Heights 2 & 3 BHK Apartments 1155 sft - 7702333563 / 1940 sft 7702301233 72 Pranit Projects P Ltd Galaxy Apartments 2 & # BHK Premium 1075 sft to Satish Paruchuri Residential Apts 2310 sft 9550677444 73 Alekhya Homes Bliss Residential 1645 Sft Afroz: 9000729977 74 Srinilaya Projects Adi Emerald 3 BHK Apartments 1828 sft - Prasad Vasireddy - 2214 sft 9963265559 75 Srinilaya Projects Lahari's Adi Emerald 3 BHK Independent 1828 sft - 9963265559 / Flats 2035 sft 9963465559 76 Matrix Infra & Matrix Tulip 2 & 3 BHK Apartments 1200 sft to Reshma Banu - Developers 1900 sft 9246227833 77 Janapriya Engineers Janapriya Arcadia 2 & 3 BHK 925 sft - 23222999 Syndicate Apartments 1460 sft

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Himayathsagar Road Hitec City Hitec City, Gachibowli Hitec City, Gachibowli Hitech City, Near E-Park Hitex Jubilee Hills Jubilee Hills Jubilee Hills, Opp. Andhra Jyothi office Jubilee Hills, Opp. Andhra Jyothi office Jubilee Hills, Opp. Andhra Jyothi office Jubilee Hills, Shaikpet Kapra, A.S. Rao Kapra, ECIL Kavuri Hills Kavuri Hills Khajaguda, Beside Lanco Hills Khajaguda, Near Gachibowli Kokapet, Gachibowli Kokapet, Gachibowli Kompally Kondapur Kondapur Kondapur Kondapur (Lahari Homes) Kondapur, Near Chirec Public School Kondapur, Opp. RTO Office Kowkur, Near Alwal


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on offer S.No.

apartments RESIDENTIAL

Company Project Name Property Type Size Range

Contact No Location

78 Serene Estates Sushaanta 2 & 3 BHK Apartments 2000 sft Vamsi -9581412794 KPHB 79 Emami Constructions Emami Swan Lake 2 & 3 BHK Hirise 1133 sft - Sreevikas, Gated Community 2011 sft 8886922233 Kukatpally 80 Sumashaila Developers Vaddepally Enclave 1, 2 and 3 490 sft - 8978999449 / BHK Apartments 1645 sft 9963222278 Kukatpally 81 Vertex Homes Vertex Prime GHMC Approved 1140 sft - Ravi - Kukatpally, 2 & 3 BHK Apartments 1470 sft 9396844261 Nizampet Road 82 Vertex Homes Vertex Sadguru HUDA Approved 1800 sft Ravi - 9396844261 Kukatpally, Krupa 3 BHK Apartment Nizampet Road 83 Alekhya Constructions Alekhya Towers 1, 2, 3 and 4 BHK 975 Sft - Aditya Mitta - L B Nagar, Limited Apartments 4000 Sft 9248003369 Hyderabad 84 Cecon Builders Cecon Manor 2 & 3 BHK 1000 sft Independent Flats 1550 sft 30681972 Lingampally 85 Vamsiram Builders Jyothi Lotus 3 BHK Apartments 3200 sft 9849558979 / Lutus Pond, 9642323313 Banjara Hills 86 Sri Krishna Builders Krishna Dhaam 2 & 3 BHK Apartments 960 sft - Srichand Hinduja - M J Colony 1350 sft 9292108365 (A.S.Rao Nagar) 87 Gowra Ventures Gowra Tulips 2BHK Independent Apts 970 sft - Sheelan - 42005189 2520 sft 8008004755 Madhapur 88 Bollineni Developers Bollineni Homes Residential Apartments 2800 sft - Chakravarthy - Madhapur, Limited 4700 sft 9959090390 Hyderabad 89 Gowra Hallmark Green Living Residential Apartments 1200 sft to 9849056529, Townships Pvt Ltd 2200 sft 8096699979 Manikonda 90 Lanco Hills Lanco Hills Luxury Apartments 1900 Sft - Amit: Manikonda, Technology Park 4477 sq ft 080084 94973 Near Gachibowli 91 Lanco Hills Domina Condominiums 1195 Sft - Amit: Manikonda, Technology Park 1580 sq ft 080084 94973 Near Gachibowli 92 A.V. Constructions AV Info Pride Gated Community 1100 sft to 9885809367 - Medipally India Pvt Ltd Apartments 1790 sft 9866665544 93 Madhu Infrastructure Madhu Park Ridge 2 & 3 BHK 1200 Sft - Narender - Mehdipatnam, Apartments 2766 sft 9948837100 Near Langar House 94 Aparna Constructions Aparna HillPark 2 & 3 BHK 1295 sft - 9010251099 Miyapur, Lake Breeze Apartments 2335 sft Chandanagar 95 Aparna Constructions Aparna Hillpark 2 & 3 BHK 1150 sft - 040-23352708 Miyapur, Avenues Independent Flats 1670 sft Chandanagar 96 Vavasi Group Vasavi's Residential Apartments 1200 Sft to Vijay Kumar Y - Moti Nagar, Brundavanam 2000 Sft 9866487555 Hyderabad 97 Janapriya Engineers Janapriya 2 & 3 BHK 850 sft - 23222999 Motinagar, Syndicate Metropolis Apartments 1250 sft Near Ameerpet 98 Fortune Group Imperial Fortune 2 & 3 BHK 900 sft - 7702333563 / Independent Flats 1500 sft 7702301233 Moulali 99 Shanta Sriram Chalet Meadows 2 & 3 BHK 1183 sft to 9951355885 / Musheerabad, Constructions Luxury Apartments 1815 sft 04065656500 Near Raja Deluxe 100 Mahanagar Homes Green Terraces Residential Multi Storied 1050 sft to A.Bhaskar Babu - Nagole, Private Limited 1770 sft 961820066/ 77 Bandlaguda 101 Ramky Group Ramky One Kosmos 2 & 3 BHK Apartments 1030 sft - Srinivas Reddy - Nallagandla 1635 sft 8008102575 102 Aparna Constructions Aparna CyberZon 2 & 3 BHK Apartments 1245 sft - 9010716060 Nallagandla, 1855 sft Gachibowli 103 Aparna Infrahousing Aparna Sarovar 3 & 4 BHK 1920 sft - 9010484597 Nallagandla, Grandè Apartments 3745 sft Gachibowli 104 Theme Ambience Golf View 2 & 3 BHK 1130 sft - 9348521652, Nanakramguda Constructions Independent Flats 2050 sft 105 Phoenix Living Spaces Golf Edge 2 & 3 BHK Apartments 1034 sft - 9160098888 / Nanakramguda, 2018 sft 9160001559 Gachibowli February-March 2014

57


Property Listing

RESIDENTIAL apartments

S.No.

real estate

Company Project Name Property Type Size Range

Contact No Location

106 Choice India N 95 4 BHK Apartments 3800 sft V.Srinivas Infra Projects 9441115599 107 Vamsiram Builders Jyothi Maddula 4 BHK Apartments 5000 sft 9849558979 / 9642323313 108 Ventura Housing Venkatadri Heights 2 & 3 BHK 1012 sft to 9573563357 / Independent Flats 1614 sft 9573567357 109 NCC Urban NCC Urban One 3 & 4 BHK 1535 sft to Venkat Ramana Infrastructure Apartments 3380 sft 9885178890 110 Ramky Estates & Ramky One Wave 2 & 3 BHK 1261 sft to Ghouse Farms Ltd Apartments 1800 sft 8978989820 111 Abhaya Infrastructures PUSHPAK 2 & 3 BHK 1205 sft to A V Murthy - High Rise Luxury Flats 1705 sft 9246186547 / 49 112 Muppa Homes Muppa's Aishwarya 2 & 3 BHK 1000 sft to Bhargav Apartments 1600 sft 9908166333 113 Shanta Sriram Padmanabha 2 & 3 BHK Luxury 1221 sft to 9951355885 / Constructions Residency Apartments 1854 sft 04065656500 114 Shanta Sriram Harmony Heights 2 & 3 BHK 940 sft to 9951355885 / Constructions Gated Community 1454 sft 04065656500 115 Modi Builders & Emerald Heights Luxury Apartments  947 sft - 9700085888 / Realtors Pvt Ltd 1895 sft 040-66336633 116 Sai Sai Ram Sri Sai Ram 2 & 3 BHK 1236 sft - 9346046071 / 72 Projects Limited Green Meadows Independent Flats 1918 sft 117 Sirisampada Samvruddi Residential 1600 sft - N Ramaiah - Constructions Sirisampada Apartments 1625 sft 9676749359 118 Sirisha Constructions Lotus Bliss 3 BHK Apartments 2050 sft to Satish Dayal - 2100 sft 9666859159 119 Alekhya Design Jasmine 2 & 3 BHK 1140 sft - 9553074447 / Homes Apartments 1695 sft 9000729977 120 Alekhya Design Homes marigold 3 BHK Apartments 2934 sft 9553074447 / 9000729977 121 Alekhya Design Homes Bird of Paradise 3 BHK Independent 1683 sft - 9553074447 / Flats 1685 sft 9000729977 122 Hardhik Constructions ANMOL Residential D Venu, Apartments 1550 sft 9704966834 123 Sai Shakti Projects Bhaskara Signature Residential 2532 sft Arvind - Apartments 7799958259 124 Janapriya Engineers Janapriya 2 & 3 BHK 810 sft Syndicate Lake Front Apartments 1200 sft 23222999 125 Saket Engineers Saket Callipolis Residential & 1302 Sft - Prabeer - Pvt. Ltd. Commercial Apts 2005 Sft 9848877111 126 Aditya Housing & Empress Towers Residential 1575 sft - Ramakrishna - Infrastructure Apartments 2385 sft 9912225072 127 Alekhya Design Wind chimes 2 & 3 BHK 2500 sft 9553074447 / Homes Apartments 9000729977 128 Vasavi Group Vasavi's Bhuvana Residential 2200 Sft to Vijay Kumar Y Apartments 3500 Sft 9866487555 129 Aditya Construction Aditya Silicon Residential 1325 sft - Ramakrishna - Company Heights Apartments 1700 sft 9912225072 130 Vishal Projects Ltd Srinivasa Krupa Residential 1835 sft - Karunakar - Apartments 2738 sft 9666669835 131 Vasavi Group Vasavi's Residential 1200 Sft to Vijay Kumar Y - Shantiniketan Apartments 3000 Sft 9866487555

58

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Nandagiri Hills Nandagiri Hills, Jubilee Hills Narapally Narsingi Narsingi Nizampet, Kukatpally ORR - Narsingi Padmarao Nagar, Secunderabad Padmarao Nagar, Secunderabad Pocharam Pragathi Nagar, KPHB Raghavendra Colony, Kondapur Ravindra Society, Jubilee Hills, Rd No.36 Ravindra Society, Kavuri Hills Ravindra Society, Kavuri Hills Ravindra Society, Kavuri Hills Ravindra society, Madhapur S R Nagar Sainikpuri Sarjapur Road, Bangalore Shaikpet, Jubilee Hills Shilpa Hills, Hitec City Sri Nagar Colony Tellapur Gachibowli Trimulgherry RTC Colony White Fields, Kondapur


Property Listing

on offer

S.No.

Villas RESIDENTIAL

Company Project Name Property Type Size Range

1 Sunway Opus Grand Neville 1, 2 & 3 BHK Premium Flexi Villas 2 S V Builders S V Avenues Independent House 3 Namaha Estates Namaha Lakewood Independent Villas 4 Keerthi Estates P L Keerthi Richmond 4BHK Villas Triplex Villas 5 VPL Projects Pvt Ltd Green City Villas Independent Duplex Villas 6 SRK Green Avenues SRK Green Park 3 & 4 BHK Pvt Ltd Independent Villas 7 Sri Rama Developers Sri Ram’s Ayodhya Independent House 8 Praneeth Developers Praneeth's Independent Villas Pranav County 9 Safeway Infra Symphony Independent Villas Park Homes 10 Bommarillu Farma Bommarillu Independent Villas & Villas India Ltd Golden City 11 Aditya Housing & Aditya Ville Grande Residential Villas Infrastructure 12 Praneeth Developers Praneeth Pranav Independent Villas Meadows 13 Modi Builders & Greenwoods Independent Villas Realtors Pvt Ltd 14 Vasudeva Realtors Bloomfield Elation 5 BHK Pvt Ltd Villas Independent Villas 15 Vasudeva Realtors Bloomfield Ecstasy 4 BHK Pvt Ltd Independent Villas 16 Pooja Ventures first leaf 4 BHK Independent Villas 17 Rajapushpa Properties Cannon Dale Residential villas Pvt. Ltd. 18 Suchir India Suchir's Koral Reet 2 & 3 BHK Developers (P) Ltd Independent Villas 19 Modi Builders & Sunshine Park Independent Villas Realtors Pvt Ltd 20 Aparna Shelters Aparna 91 - East & West Kanopy Lotus facing Villas 21 Modi Builders & Sterling Homes Independent Villas Realtors Pvt Ltd 22 Ramky Viha Ramky Tranquillas Independent Villas Properties Pvt Ltd. 23 Pooja Ventures Wonderful World 3 & 4 BHK Independent Villas

Contact No Location

1101 sft 1579 sft 040-23038888 150 Sq Yds Rangaraju - &1200sft 8374499444 375 Sq Yds- MINOO – 4300 sft 98483 02929 3400 Sft - Meena Reddy - 4037 Sft 9966603939 2548 sft - Suresh Bavineni - 3720 sft 9848190700 167 Sq Yds 350 Sq Yds 8008577707 / 08 133 Sq Yds - D. Ram Mohan 240 Sq Yds 9985648555 120 Sq Yds - Murari Bhagat - 300 Sq Yds 9959615853 150 Sq Yds - 9849844488 / 400 Sq yds 7799766662 200 Sq Yds - Ria - 9666201016 / 717 Sq Yds 32556399 4970 sft - Ramakrishna - 350 Sq Yds 9912225072 150 Sq Yds - Varma 200 Sq Yds 9959615833 1490 sft - 9700085888 / 1494 sft 040-66336633 241 Sq Yds 350 Sq Yds 9393696959 240 Sq Yds - 9393696959 350 Sq Yds 4541 sft - Sudhamsh Reddy - 4685 sft 9703752225 4200 Sft - Sathish Varma - 4450 Sft 9666988688 110 Sq Yds - 240 Sq Yds 66685000 / 6000 1485 sft - 9700085888 / 1494 sft 040-66336633 160 sq yds - 9505201115 330 sq yds 2593 sft - 9700085888 / 3131 sft 040-66336633 320 Sq Yds - Prashanth – 391 Sq Yds 9177496767 259 Sq Yds - 9010770000 / 302 Sq Yds 66770000

Ameenpur Village Ameenpur, Chandanagar APPA Junction APPA Junction, Near Glendale Academy Apparel Export Park, Vadlpudi post, Vizag Bachupally 'X' Roads Bahadurpally Beeramguda Near BHEL BHEL Bhongiri Bowenpally, Near Suchitra Junction Bowrampet Dundigal Gachibowli Gachibowli Gopanpally Gachibowli Gopanpally Gachibowli, Kokapet Genome Valley, Shameerpet Ghatkesar Gudlapochampally, Kompally Gundlapochampally, Kompally Kismathpur Kismatpur, Near APPA Junction

February-March 2014

59


Property Listing

RESIDENTIAL Villas S.No.

real estate

Company Project Name Property Type Size Range

Contact No Location

24 Poulomi Estates Poulomi Aristos Premium 380 Sq Yds Prashanth Rao - Pvt Ltd Independent Villas and above 9849044140 25 Rajapushpa Rajapushpa's Luxury Duplex and 450 Sq Yds - Mr.Sathish Varma- Properties Pvt LTd OPEN SKIES Triplex Villas 600 Sq Yds 96669 88688 26 Rajapushpa Properties Rajapushpa’s Luxury Triplex 322 Sq Yds, Mr.Sathish Varma- Pvt Ltd CANNON DALE Villas 4200 sft 96669 88688 27 Saket Engineers Saket Bhusattva Premium Villas 200 Sq Yds - Mr. Uttam Thakur - Pvt. Ltd. 400 Sq Yds 9849857633 28 Sumashaila Developers Vaddepally Enclave Independent 200 Sq Yds 8978999449 / Triplex Villas 9963222278 29 Ramky Estates & Ramky Pearl Independent Villas 206 Sq Yds - Venugopal - Farms Ltd 380 Sq Yds 9701001276 30 Vertex Homes Vertex Lake View HUDA Approved 240 sq yds Ravi - 4 BHK Triplex Villas 9396844261 31 Vishal Projects Vishal Sanjivini Villas 2000 sft - K Karunakar - Limited 4000 sft 9666669835 32 Gowra Hallmark Palm Breeze Independent Villas 404 Sq Yds; 9849056529, Townships Pvt Ltd 4600 sft 8096699979 33 Lanco Hills Hanging Gardens Villas 5800 sq ft - Amit : Technology Park 5850 sq ft 080084 94973 34 Jayadarsini Housing Jayadarsini Duplex Villas 300 Sq Yds- Vinod K Uniyal - Pvt Ltd Township 2000 Sq Yds 9849222922 35 Namaha Estates Namaha Rhythm Independent Villas 167 Sq yds - MINOO – 267 Sq Yds 98483 02929 36 Aditya Constructions JIVIKA at Villas in Gated 300 Sq.Yards Avinath P - Rajeshwara Community 3300 sft 9849794002 37 Aparna Constructions Aparna HillPark 116 - 3 BHK 3409 sft - 9912111592 Gardenia Luxury Villas 3475 sft 38 Century 21 Brentwood Hills Open plots / Hameed - villa/resort 8686866891 39 NSL Divyasree Infra Orion Villas 4 BHK 4000 sft - Rakesh Talwar - Pvt Ltd Independent Villas 5200 sft 9581412763 40 Modi Builders & Harmony Homes Independent Villas 1490 sft - 9700085888 / Realtors Pvt Ltd 1494 sft 040-66336633 41 Green Home Beverly Slopes 3 BHK 1425 sft 9849044396 / Independent Villas - 1531 sft 9000001169 42 Green Home My City Villas 200 Sq Yds 9849044396 / - 300 Sq Yds 9000001169 43 Suchir india Suchir's Timberleaf 4 BHK 3526 sft - 66135000 / 6000 / Independent Villas 3610 sft 7000 44 Green Home Icon's Isle 3 & 4 BHK 2835 sft - 9849044396 / Independent Villas 3634 sft 9000001169 45 Vision Avenues Pvt Ltd Vision Infiniti 3 & 4 BHK 460 Sq Yds - 9989999853 / Homes Independent Villas 1100 Sq Yds 9989999856 46 Tudor Infrastructure Tudor Ken 4 BHK Luxury Villas 289 Sq Yds - 311 Sq yds 7702777549 47 Pranit Projects P Ltd Mayfair Villas High-End 310 Sq Yds - Satish Paruchuri - Premium Luxury Villas 475 Sq Yds 9550677444 48 Vision Avenue Pvt Ltd Infiniti Homes Independent Villas 3800 sft - 4500 sft 66785856 / 57 49 Vision Avenue Pvt Ltd Vision's Urjith Independent Villas 268 Sq Yds 400 Sq Yds 9989999853 / 56 50 Theme Ambience Lake View 3 BHK Independent 2652 sft - 9348521652, Constructions Villa 2665 sft 51 Headway Properties Info Tech City Independent Villas 267 Sq Yds G. Phani Raj - 600 Sq Yds 9052228302 52 Ramky Enclave Ltd. Ramky Enclave Independent Villas 167 Sq Yds Kiran Kumar.K - 958 Sq Yds 8897445679

60

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Kokapet Kokapet at Gachibowli Kokapet at Gachibowli Kompally, Gowdevally Kukatpally Kukatpally Kukatpally, Nizampet Road Maheshwaram, Behind Fabcity Manikonda Manikonda, Near Gachibowli Medchal Miyapur Miyapur, Bachupally Road Miyapur, Chandanagar Moinabad Raidurg Shamirpet Shamshabad Shamshabad Shamshabad Shamshabad Airport Road Tellapur Tellapur Tellapur Gachibowli Tellapur Village Tellapur Village Tolichowki Tummalluru Warangal


Property Listing

on offer

S.No.

RESIDENTIAL Plots

Company Project Name Property Type Size Range

Contact No Location

1 Lahari Green Park Lahari Green Park

HMDA Regularized, 600 sq yds Independent plots onwards

Srinivas

Bhanoor

2

BTS Estates Pvt Ltd

Green Meadows

Residential Plots (VUDA)

167 Sq Yds - 333 Sq Yds

S R Niranjan - 9849999036

Bhimili, Vizag

3 4

Vasundhara Pvt Ltd Oorjita Projects

Lorvens Gold Leaf -

Plots Plots

76 acres Vamsi - 9959934488 350-505 Sq Yds - Nitin -9849098028

Dasarapalli Gandipet,Manchirevula

5

Aparna Shelters Pvt Ltd

Aparna Kanopy Jasmine

133 - Residential Plots

267 sq yds - 467 sq yds

9948663170

Gudlapochampally, Kompally

6

Primus Developers

Primus Epsilon

Plots

267 Sq Yds - 433 Sq Yds

9989420202

Gundlapochampally, Kompally

7

Subha Gruha Projects

Sukrithi Royal

HMDA Approved Residential Layout

267 Sq Yrds

SSRK Prasad 9000381234

Kandukur

8

Godaavari Townships (P) Ltd

Sai Suvarna

Plots

45 Acres

G Chakradhar - 9866319567

Katakapalli Near Kothavalasa

9

Venkusa Estates

Venkusa Estates Housing Projects

Open Plots

200 Sq Yds - 267 Sq Yds

Sunder B - 9848043236

Kowkur 'X' Roads, Alwal

10

West Mount Projects

Red Clay Court II

HMDA Approved Residential Layout

267 Sq Yrds

Dr. T S Rao - 9848017162

Maheswaram Mandal

Plots

26 acres

23555441

11

Headway Properties

Metro Homes

12

Jayadarsini Pvt Ltd

Jayadarsini Township Plots

300-2000Sq Yds Vinod -9849222922

Medchal Medchal

13

Century 21

Brentwood Hills

Open plots/villa

Hameed -8686866891 Moinabad

14

Green Home

Green Acres

Plots

1000 Sq Yards

9000001169

15

AVC Group

AVC Township

Residential Plots

200-500 Sq Yds 9391078186

Nagarjuna Sagar, NH Rd

16

Pragati Green Meadows & Resorts

Pragati Green Islands_Phase 2

Freehold Property, Open Plots

267 Sq Yds - 534 Sq Yds

P V Vijay Kumar - 9848799189

Proddutur (V), Shankarpally (M)

17

Pragati Green Meadows Pragati Green & Resorts Islands_Phase 1

Plots

267 Sq Yds - 1000 Sq Yds

J Mahesh - 9912854477

Proddutur (V), Shankarpally (M)

18

Century21 

The Basheerbagh

Open plots

Sayed - 8686866891

Shadnagar

19

Aliens Group

Aliens HUB

Residential Plots

300 Sq Yds2000 Sq Yds

9966234234

Shamshabad

20

Green Home

Rainbow Drive

Plots

L.P. No. 01/ P.V.Ratnam - Layout/HADA/06 8977812565

Shamshabad Airport Road

21

Green Home

Bloomington

Plots

500 Sq Yds - 1000 Sq Yds

9849044396, 9000001169

Shamshabad Airport Road

22

MVR Harivillu

Peacock Paradise

Farm Land with Club House

1056 Sq Yds - 2000 Sq Yds

Satyanarayana 8008500527

Shankarapally

23

Lahari Green Park

Lahari Infra Ltd

Independent, Plots 250 sq yds - 400 sq yds

Srinivas 7799777755

Shankarpally

24

Pudota Estates India Pvt Ltd

Aishwarya Residency

Plots

200 Sq Yds

Jaya Prasad Raja 9949036460

Shankerpally

25

Subha Gruha Projects

Maple Meadows

Residential Layout

267 Sq Yrds

Prasad: 9000381234 Srikakulam Highway

26

Green Home

Eldorado

Plots

9849044396,

27

Subhagruha Projects

Sukruthi Royal

Residential Plots

200 -534 Sq Yds Ramana -9177966407 Srisailam Highway Road

Moinabad

Srisailam Highway Road

February-March 2014

61


Property Listing

Commercial

S.No.

real estate on offer

Company Project Name Property Type Size Range

Contact No Location

1 Vasavi Group Imperial Towers Commercial Customised Vijay Kumar Y - 9866487555 Ameerpet 2 Shanta Sriram Shanta Sriram Commercial 2030 sft 9951355885 / 04065656500 Banjara Hills, Rd No.4 Constructions 3 Gowra Ventures The Platina Commercial 1 million sft 42005189 / 90 Gachibowli 4 Ramky Estates & Ramky Towers Commercial 2 Lakhs sft Venugopal Reddy- 8008012889 Gachibowli Farms Ltd Grandiose 5 Shanta Sriram SS Techpark Commercial 1320 sft - 4800 sft 9951355885 / 04065656500 Gachibowli, Constructions Near DLF Cybercity 6 Fortune Group Fortune Monarch Commercial 200000 sft 7702333563 Jubilee Hills, Rd No.36 7 Vamsiram Builders Gateway Jubilee Commercial 30000 sft 9849558979 / 9642323313 Jubilee Hills, Rd No.36 8 Shanta Sriram Silver Square Commercial 1390 sft - 9951355885 / 04065656500 Jubilee Hills, Constructions 4300 sft Road No.36 9 Shanta Sriram Neeru's Emporio Commercial 5300 sft 9951355885 / 04065656500 Jubilee Hills, Constructions Road No.36 10 Vamsiram Builders Jyothi Tycoon Commercial 27000 sft 9849558979 / 9642323313 Kavuri Hills 11 Serene Estates Centrum Office space 10000 sft - Lalit - 9581412782 KPHB for lease 66000 sft 12 PBSAMP Krishe Sapphire Premium 8000 sft - 9985228889 Madhapur Main Road Projects Pvt. Ltd Office Building 24000 sft 13 Ramky Estates & Ramky Selenium Commercial 4.5 Lakh Sft Venugopal Reddy -8008012889 Nanakramguda, Farms Ltd Financial district 14 Choice India Choice Center Commercial 40000 sft V.Srinivas -9441115599 S D Road Infra Projects 15 Shanta Sriram Oasis Center Mall Commercial 7500 sft -12500 sft 9951355885 / Somajiguda Constructions 04065656500 Begumpet Main Rd 16 Shanta Sriram Amity Ville Commercial 1175 sft -6990 sft 9951355885 / Tarnaka, Opp. Innova Constructions 04065656500 Children Hospital 17 Serene Estates Arena IT Sez Office 15000-63000 sft Satyajit - 9581412793 Uppal

Suppliers

1 Esskay Elevators and Design, Supply, Erection and Maintenance of Passenger, Goods & Engg Co. Bed Lifts. Authorized Distributors for GMV, Italy Hydraulic Lifts 2 Prithvi Wood Doors Door & Window Frames (Teak and Non Teak), Carved Doors, Window Shutters, Block Boards,Water Proof Flush Doors, Laminated & Veneered Flush Doors, Glass Reinforced Plastic (GRP) Frames & and On site Interior Works

62

H O R I Z O N S A P ’s m o s t c r e d i b l e r e a l e s t a t e m a g a z i n e

Kalyan Raju - 9885320111/ 7799930111 Sai Naresh - 9000994554, Santosh - 9949094690

Kamalapuri Colony New Bowenpally, Secunderabad


RNI. No. APENG/2012/44473


Horizons Feb - March 2014