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ANDHRA PRADESH REAL ESTATE DEVELOPERS ASSOCIATION

AP ’s Vo l u m e 2

m o s t

Issue 3

c r e d i b l e

Rs.50

e s t a t e

m a g a z ine

February-March 2012

AP IS BACK IN THE RECKONING 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

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Singapore’s Emeritus Senior Minister Goh Chok Tong (left), Union Minister of Commerce, Industry & Textiles Anand Sharma (centre) and AP Chief Minister N. Kiran Kumar Reddy at the CII Partnership Summit 2012 in Hyderabad.

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contents

Contents

CII Summit comes as boost for infra sector page-4

APREDA pitches strongly with MHUPA for realty page-8

What the budget needs to look into page-10

Good news in 2012 for city page-16

HYDERABAD realty tees off a success mantra page-14

Get rid of that ugly Belly page-22

Published by

AP Real Estate Developers Association # 102, Tirumala Shah Apartments, Yellareddyguda, Ameerpet ‘X’ Road, Hyderabad - 500 073 Tel : 65572184 , 99898 44467 For feedback/suggestions email to

apredahorizons@gmail.com Web: www.apreda.org

Not just ‘another’ brick in the wall page-12

St. Joseph’s Cathedral: mother church of Deccan page-23

Golf and lower back pain page-17

Goa beckons one and all page-24

Chalapathi Rao Rayudu, Editorial Advisor Designed by

Gayatri Creations

Good table manners Get that positive energy

Create customised FLOOR DESIGNS page-21

page-27

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page-26

News page-30 Projects page-34

February-March 2012


Cover Story

CII Summit comes as shot-i

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t was a virtual deluge of investment proposals in Hyderabad last week at the CII Summit. In a development that could well change the financial landscape of Andhra Pradesh, the Kiran Kumar Reddy Government netted 243 projects proposed by both State-run and private firms, involving a total investment of a whopping Rs 6,47,832 crore during the three-day CII Partnership summit that concluded on January 13, 2012. What is important is that this would open up employment opportunities for about 6.78 lakh people in the State. Infrastructure, tourism and power sectors accounted for a bulk of the proposals. This development has already triggered activities in different sectors, especially the infra and real estate sector. Anticipating a surge in housing demand as these projects get off the ground, real estate players, including some of the top names from Mumbai and Delhi, are putting up a slew of projects on their drawing board. While government-run entities such as NTPC, GAIL and Rashtriya Ispat Nigam showed interest in pumping Rs 1.25 lakh crore in the State that would create 74,000 new jobs, FDIs accounted for Rs 1,00,000 crore worth proposals. A beaming Chief Minister, Mr Kiran Kumar Reddy, summed up the situation by stating that “the response has been overwhelming. Now we have to see that these projects are grounded and commissioned in time.” The fact that the Chief Minister means business was evident when he announced that he will personally monitoring the progress of the projects on a monthly basis. He has also initiated a move to appoint Escort Officers for every major project to facilitate their implementation by the promoters. Further, the proposed G2B (Government to Business) portal will be ready in three months, which will also facilitate the investors to get hassle-free

Lion’s share for infrastructure projects In the infrastructure sector, there were many port projects, as India’s exportimport trade is slated to register a sharp increase in the coming years. The Navayuga Group, which operates the Krishnapatnam port, has proposed an all-weather deep water multipurpose port of 200 million tonne capacity at Machilipatnam in Krishna district. The port will have modern cargo handling facilities to handle container, bulk and general cargoes, including petroleum products and chemicals. “We expect to commence work in the first phase of the project this year and complete it by 2015. The first phase will cater to big vessels of up to 1,00,000 DWT,” a senior official of the company said. The company is also planning to expand the existing Krishnapatnam port, taking advantage of its proximity to the Asia-Pacific region. It has put up on its drawing board a proposal to develop a container terminal with a berth length of 2,700 metres. “The terminal will be able to handle new generation container vessels without any draught or beam restrictions. It will have an initial capacity of 3.3 million TEUs,” the official said. The integrated project is expected to on-line clearances. Of the 243 proposals, the last day of the summit saw G.O.s being issued to 23 projects involving an investment of Rs 72,000 crore and employment potential of 46,500, which are ready to be grounded. There were 32 projects with investment of over Rs 5,000 crore each, including 19 in the power sector and four (investment Rs 21,100 crore) in the infrastructure sector. Together, these projects have proposed an investment of Rs 3,82,000 crore with an employment potential of 2,20,130. These mega projects include Rs 42,500

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cost Rs 5,500 crore and is expected to be wrapped up by 2013. India’s biggest private port operator, the Ahmedabadbased Adani Group, has proposed a non-major deep water port in the State with an investment of $ 1 billion, which will provide direct employment to 2,000 people and indirect employment to 20,000 people. The company is yet to zero in on a location for the port. Last year, there were reports that Adani was planning to pick up a minority stake in Gangavaram port, operated by the D.V.S. Raju Group. Adani has, however, denied the reports. Another landmark project is Gas Authority of India Ltd’s Rs 5,000 crore LNG terminal. This assumes significance in the light of the ever-growing demand for natural gas and declining production from the KG Basin blocks. The Regas LNG terminal will ensure continuous and adequate supplies to user industries such as power, fertilizer, petrochemicals, glass and ceramic industries. “This project is going to change the profile of the region and realise gas-driven economy objective of the State Government,” a senior official observed.

crore steel plant by RINL, two Rs 30,000 crore refineries by GMR Group and BR Shetty Group, Rs 5,500 crore port projects each by Navayuga and Adani group, Rs 18,000 crore wind power project by Suzlon and Rs 20,000 crore power project by NTPC.

Tourism to get a boost Not only infrastructure projects, tourism and hospitality sectors are also poised to get a boost. A total of 12 tourism projects, involving an investment of Rs 1,700 crore and employment potential of 3,250 has

February-March 2012


Cover Story

-in-arm for Andhra Pradesh 18,000 crore 3,000 MW wind project by Suzlon Energy, Rs 16,000 crore coal fire unit by GVK Group, Rs 9,000 crore Manilipatnam unit by NSL, Rs 7,500 crore Welspun’s project in Prakasam district and Rs 5,685 crore gas-based project in Adilabad district by Singareni Colleries. GMR Holdings Pvt Ltd is investing about Rs 33,000 crore for setting up a greenfield refinery-cum-petrochemicals complex and an integrated investment park for creating an ecosystem at Kakinada in Andhra Pradesh. The company signed an MoU with the Andhra Pradesh Government and is expected to commercialise the plant in the next five years. Besides, it is also looking at a strategic partner for the refinery, the company’s Chief Operating Officer Mr S G Kishore said. This comes in the wake of ONGC withdrawing from the Kakinada greenfiled petroleum refinery and petrochemicals project. The GMR Group will pick up the divested stake and will end up being a 51 per cent equity partner in Kakinada Refinery & Petrochemicals Ltd. IL&FS and Kakinada Sea Port will jointly own 46

The temple town of Tirupati to get a Rs 355-crore mythological theme park. include the Rs 20,000 crore thermal unit been proposed. The biggest of these are by NPC near Achutapuram, Rs 19,804 the Rs 368-crore eco-tourism project crore Vadarevu ultra mega power project, of Malaxmi Indusparks at Meenapally, Rs 19,200 crore wind power project (3220 near Vikarabad, Rs 355 crore mythologiMW) by Vish Wind Infrastructure Ltd, Rs cal theme park at Tirupati by Vaishnovi Infraventures and Resorts, a Rs 300 crore The Visakhapatnam port hotel project in Hyderabad by Varsha Hillfort Palace, Rs 276 crore medical tourism project by Livlife Hospitals and Rs 100 crore heritage park at Budvel. Hotel Kamal Pvt Ltd has put up a unique floating restaurant project on Hussainsagar lake in Hyderabad.

Power projects A total of 19 mega power projects involving an investment of Rs 3,81,952 crore with employment potential for 2,20,130 has been proposed, which will inject a fresh blast of industrial and economic activity in the State. “It is a matter of time when Andhra Pradesh becomes a power surplus State,” the Chief Minister told mediapersons at the end of the CII Summit. The biggest projects in the power sector

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February-March 2012


Cover Story

The resplendent Vijayawada highway

per cent and Andhra Pradesh Industrial Infrastructure Ltd the remaining three per cent. The project involves setting up of a 15-million tpa Greenfield petroleum refinery with a downstream petrochemical complex within a Special Economic Zone. Another notable project coming up in AP is a thermal power plant in the coastal region. According to Mr GV Sanjay Reddy, vice-chairman, GVK group, the investment range is expected to be about Rs 10,000 crore for a 2,400 MW thermal plant. The group is expected to chalk out strategies in the next one year towards this project. The BR Shetty group is investing Rs 30,000 crore for a petroleum refinery in Visakhapatnam even while the Yash Birla group is investing Rs 13,000 crore for a photovoltaic plant through its group company Birla Surya Ltd. Besides, Birla Education Ltd is also investing in integrated education, research and technology by

setting up a sports and Ayurveda complex. Investors cautioned Mr N Kiran Kumar Reddy, however, had a word of caution for the investors. He denounced the practice by some business houses of signing an MoU for a project with one State and then using that to re-negotiate a better deal for the same project with another State. He told business houses that entered into MoUs with the State government during the CII Partnership Summit to come out with their requirements and expectations from the government. “We are willing to fulfil all your requirements. But it is not a good practice to use the MoU (signed with AP Government) for a better bargain with another State,” he told the delegates at the summit. He made this statement in the context of some instances in the past when corporate houses signed agreements with the State Government, but later re-negotiated a different deal for the same project with

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another State government. Will power shortage be a constraint in the grounding of these projects? Mr Reddy made it clear that power will not be a constraint for grounding the projects for which MoUs were signed at the Partnership Summit. “Even today, we have a generation capacity of 15,700 MW, while the peak demand is 13,200 MW. We are expecting the peak demand to go up to 22,200 MW by 2017. There are some problems with hydro units, apart from gas shortage,” he told mediapersons. He said power units of total 9,200 MW were under execution by government-run entities, while another 15,000 MW by private firms. “It is a matter of time before AP becomes power surplus,” he said. The government and private power producers signed MoUs for a total of 54,000 MW capacity at different places in the State during the summit.

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February-March 2012


Real estate regulator

APREDA pitches strongly with Ministry of Housing for realty

awareness about the project so that the prospective buyers can wait for the approval to come before booking any unit. Without any time line for according sanction/permit imposing such restrictions will stifle the developers, they said. 3) The Real Estate Regulatory Bill encompasses in its discipline not only developers, but also others such as engineers, architects, real estate agents and so on. Its vast coverage must commensurate with the time of submission. Hence the Ministry is requested to extend the last date of submission of the response to the draft bill to March 31, 2012, because the draft bill will have far-reaching implications for developers as well as other stakeholders of the real estate sector. This will provide adequate time to all to go into all aspects of the draft bill and assist the government to enact the Real Estate Bill which is in the interests of the realty sector and all its players and beneficiaries. 4) The Draft Real Estate (Regulation & Development) Bill, 2011, in its current form, projects developers as criminals. The sector, which enjoys the second place in India in the Industry rating, is getting raw treatment through this bill.

Mr. Bhawarlal Jain presenting APREDA’s viewpoints at the meeting convened by MHUPA at Vigyan Bhavan in Delhi.

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o give all the stakeholders in the realty sector some heartening news, APREDA took the lead in approaching the Ministry of Housing and Urban Poverty Alleviation (MHUPA), Government of India, with regard to projecting the viewpoints of the sector on the Draft Regulatory Bill and removing many misgivings on this front. An APREDA committee comprising its vice-president Mr R Chalapathi Rao, Adviser Mr G Haribabu and Ch BS Subrahmanyam (GC member of NAREDCO) put together suggestions to be put forward to NAREDCO. Mr Bhawarlal Jain, executive vice-president of APREDA participated in the stakeholders meeting convened by MHUPA on January

11, 2012, at Vigyan Bhavan in New Delhi. The participation was highly successful and the viewpoints appreciated. He also attended the governing council meeting of NAREDCO on the same evening and conveyed the APREDA members’ concerns on the issue. The key issues which APREDA and the various stakeholders forcefully put across are listed below. 1) First was the provision that the regulatory bill should be applicable only for projects of 10,000 sq. metres and above. 2) There should be a provision to allow advertising of the project before obtaining permission. This will facilitate

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The draft bill has penal provisions, which contemplates criminal action, including imprisonment. No other business in India has been specifically sought to be controlled under an act with such tough imprisonment. Any misdemeanour in other sectors by the promoters is governed under the general laws of the country, and so far criminal punishment has not been meted out to any of the other sectors or industry. The legal implication of each clause in the draft needs to be understood fully by the entire affected stakeholders with proper legal advice. 5) The draft bill threatens to give a mortal blow to the developers’ basic right of cancellation of the allotments in the event of a default in payment by the

February-March 2012


Real estate regulator

allottees in accordance with the terms of an agreement in as much as that the act obliges the developer to refund the money collected along with interest. Developers are not banks and the money goes into the land and building and cannot be retrieved so easily. Therefore, opportunity should be given for resale to be able to refund the money. The draft bill while obliging the developers to keep their commitments with regard to the terms of allotments to allottees, has totally kept them away from their accountability and commitments to the developers in terms of the allotment agreements. Defaulting customers should be made accountable in some way. Cancellation is the only available instrument with the developer which deters buyers from defaulting on payment. If this provision of cancellation is diluted and the buyers are eligible for full refund with interest, why would anyone pay? The bill unjustly grants immunity, provides security and encourages customers not to pay and has in fact created a financial instrument to speculate on the realty prices. It is inconceivable how the government could guarantee full refund with interest even if the customers do not pay their instalments on time. Needless to say, when some customers do not pay, the construction gets stalled, affecting interests of all those who pay on time. The bill in its present form has several such grave conditions that petrifies the realty community. Hence, it is not acceptable. 6) The Real Estate Regulatory Bill obligates the developers to form societies/associations of the residents or allottees for handing over the management of maintenance of buildings. Despite the implementation of the Apartment Act, on the one hand, and indifference of Land and Development Office, as competent authority, on the other, management of maintenance function continues to remain with the developers even as they

are keen to hand over the maintenance to Resident Welfare Associations (RWAs). There is no provision in the act to levy penalty on allottees who refuse to become members of society/association. The bill also does not provide penalties for non-payment of any maintenance dues -– past, present and future by the allottees/residents/occupants, with the result that the buildings do not get maintained as per plans. There is a need for levying strict penalties on allottees to secure timely payments for planned maintenance. 7) Arbitration mechanism through the Chambers or the Indian Arbitration and Reconciliation is completely eliminated nor is it mentioned (Arbitrator to resolve the dispute first and then refer to Tribunal). 8) The consumer has the right to approach, before the regulatory authority, civil courts, consumer courts, Competition Commission of India (CCI), High Court, etc. (multiple litigation) which needs to be restricted to a single regulatory authority and no other forum till directed to do so. 9) The undivided share in a large layout is not specified which will prejudice the rights of the developer on the remaining development. 10) For consumers who do not pay on time, and no specific action specified by the authority, how will the authority compensate the developer? 11) For consumers who undertake structural changes without permission or such activities, will these fall within the jurisdiction of the regulatory authority? 12) All stakeholders in real estate development, including local authority, governments playing role in NoCs and approvals, vendors, banking institutions should be covered under this regulation and regulator should be able to direct them and penalize them in case of de-

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fault. 13) All transactions between a client and promoter above an amount of Rs.10 crore/or 10% of project cost decided prior to commencement of work should be kept outside the purview of this act. 14) If the purchaser carries out additional/alteration to the flat/unit in violation of the approved plans and/or without the permission of the developer causing leakages, electrical short circuit or fire, damage to structure, stability of the building, etc. and who does not cooperate to comply or refuses to correct or demolish such illegal construction and/ or rectify such leakages and/or damage to the construction, then such purchaser should be heavily penalised/prosecuted with equally deterrent clauses. 15) Customers must comply with the terms of agreement; otherwise they should be made accountable as the misconduct of some of the customers might affect the larger interests of the complex/project/ ability of the developer to deliver as per schedule, quality & commitment. Authority must act to modify archaic bylaws, acts and controls of FAR/ Density/Land controls to ensure free and adequate supply of housing & other real estate and discourage land hoarding by government authorities and land owners falling under master plans so that the cheaper, affordable and competitive supplies can be maintained and speculation discouraged. Authority should also be able to direct augmentation of infrastructure to authorities and corporations, commensurate with the free supply of housing stock for mass housing. Meanwhile, the MHUPA Minister’s Secretary reacted to APREDA’s position in the right spirit and gave an indication to allow (point no. 2) advertisements for developers ahead of announcement of the project for Market Survey and Brand Building.

February-March 2012


Economy

What the budget needs to look into A committee of APREDA comprising its executive vice-president, Mr Bhawarlal Jain, vice-president, Mr R.Chalapathi Rao, and Chief Coordinator Vijaya Sai has requested NAREDCO to forward the following suggestions to the Central government for consideration in the budget for 2012.

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ne of the sectors, which has been severely impacted by the global economic downturn has been the Indian real estate sector. In the past 1 to 2 years, the sector has experienced a liquidity crunch coupled with a slowdown in demand. Though in the past month or so, there have been some signs of a revival, there is a clear need for the government to provide an impetus to the sector to put it back on the path of growth. A. HOUSING THE POOR/AFFORDABLE HOUSING To meet the shortage of affordable housing and to meet RAY/JNNURM objectives there is a need to further incentivise developers to take up projects in this category. 1) The annual income limit criteria for allotment of the constructed EWS/LIG units to buyers should be removed. If necessary, other criteria such as those living in slums or migrants to urban areas may be introduced. 2) There should not be any coercive provisions like compulsory reservations/ construction of EWS/LIG units in the projects taken up by developers in private/ patta lands. These provisions introduced in Andhra Pradesh vide G.O.45 dated January 2011 has stalled all new projects resulting in short sup-

ply and increase in prices, particularly in core areas of the cities. 3) There should not be any more levies or taxes or provisions like the proposed “shelter fee” and “cross-subsidy” etc as they would enhance unit cost making housing unaffordable to more and more families. 4) Some of provisions/incentives under the housing schemes like compulsory construction/reservation of EWS/LIG units and granting of higher FSI/FSA in affordable housing schemes will directly increase the population density in the projects/areas and indirectly defeat the noble intent of de-congesting the cities. As such, the projects coming up in

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the core areas of the cities should be excluded from such provisions. However, if this is avoidable, higher FSI/FSA may be granted in suburban and peri-urban areas. B. TAXATION OF REAL ESTATE SECTOR 5) To encourage the construction industry capital goods for construction should be exempted from special additional duty (SAD) and excise duty should be reduced to 4%. 6) In all the industries there is only VAT and service tax and the beneficial system of credit for each stage of sale. However, for the real estate sector in ad-

February-March 2012


Economy

dition to VAT and service tax there is the burden of registration charges, that too at every stage (i) when the developer purchases the land (ii) when he sells the constructed units and (iii) when the buyer leases out the unit and there is no benefit of credit for each stage of sale. Therefore, the system of credit of registration charges for each stage of sale should be introduced. 7)If and when the GST is introduced registration charges should be merged into the GST regime. 8) Service tax on renting of immovable property should be abolished. The states are already charging property tax. Also the property tax on commercial/office space is 2 to 3 times more than residential properties. In fact the GHMC Act provides for collection of property tax up to to 30% (3.5 months rent) of the annual rent. 9) Encourage States to limit/reduce total registration charges (stamp duty, transfer of property tax, registration fee and etc) to 5% of sale consideration. The existing guidelines speak of stamp duty alone. C. DIRECT TAXES 10) Personal income tax exemption limit be enhanced to Rs. 3 lakh per annum. It will have a positive impact on the real estate sector. 11) Increase deduction available under Section 24 (b) of I-T Act to Rs 300,000 from current limit of Rs 150,000 for self occupied houses. 12) The unit cost limit of Rs.25 lakh under priority sector home lending scheme be raised to Rs. 35 lakh. The housing loan limit under this category be also raised to Rs.25 lakh from the current Rs 15 lakh. Similarly, the interest subvention should be raised to 2% from the present 1%.

13) Increase basic exemption limit under provisions of Wealth tax Act to Rs 50 lakh from the existing limit of Rs 30 lakh keeping in perspective the overall increase in prices of property, etc. D. FINANCING OF REALTY PROJECTS 14) Withdrawal of advisory of caution against real estate lending to banks. 15) Roll over of realty project finance loans or restructuring to be allowed on the lines of infrastructure projects. 16) Risk weightage, which is currently 1.25 times be brought down on a par with infrastructure projects. 17) Residential projects to be specially sub-classified under commercial real estate and banks be advised to give them priority. 18) External Commercial Borrowing (ECB) to be allowed in all spheres of housing and real estate development. Real Estate Mutual Fund (REMF)/Real Estate Investment Trust (REIT). REMF approved by SEBI should be encouraged. In addition, REITs should also be encouraged and necessary guidelines finalized at the earliest. These together will boost supply of fund to housing and real estate sector and enable equity participants reap the fruits of high yielding real estate sector. 19) Service tax provisions to be amended so that no service tax should be levied, in case of pre-construction sale of residential complex where the seller and the buyer enter into an ‘agreement to sell’. Similar clarification to be issued for pre- construction sale of commercial complex also. Service tax on renting immovable property should be abolished. 20) Thrust should be given to construction finance or project finance with liberal terms for projects. Though we are contributing a lot in terms of taxes, this sector is neglected completely in terms of extending support.

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21) SBI is extending 0.25% interest concession and processing fee waiver for Green Buildings. All the other housing finance companies should extend the same type of facilities for Certified Green Buildings by IGBC. E. SECTORAL REFORMS 22) Industry status to real estate development should be given on a par with industry. Industry status will bring about a major transformation in the outlook and nature of the sector. It will boost investment, attract large companies and most importantly inculcate corporate culture and industrial discipline, which will immensely benefit the economy in general and consumers in particular. Industry status will also help the sector access bank lending at average interest rates at low collateral as against high risk rates prevailing at present. The real estate sector has been demanding ‘Infrastructure Status’ to real estate. The Finance Minister should consider the same now. 23) Real estate sector must get the restoration of Section 80 IB of income tax in respect of residential units measuring less than 1,500 sq ft area. 24) In addition to lowering of interest rates, some of the measures that should be adopted for infusing liquidity in the sector are re-introduction of ‘Tax pass through’ status to domestic venture capital funds investing in real estate, placing real estate mutual funds on the same footing as equity oriented funds from an income tax perspective, extending external commercial borrowing scheme to the Indian real estate sector. 25) Some concrete steps to be taken to encourage rental housing. 26) Single window permissions be introduced for building/lay-out permits/licences to avoid cost overruns. Similarly, all fee be consolidated and paid at one point.

February-March 2012


Technology

Not just ‘another’ brick in the wall AAC block possesses better sound insulation (without an echo) than red bricks 

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ricks are the key components which determine the life of any structure. With the advent of new technologies, the conventional red bricks are being gradually replaced with more eco-friendly and lightweight bricks. Aerocon bricks or Autoclaved Aerated Concrete (often shortened to ‘AAC’) are effective concrete slabs with lots of closed air pockets in them. These are ideal substitutes for traditional clay bricks and hollow concrete blocks used for the construction of walls. The basic raw materials used in the production of Aerocon blocks are cement, flyash, lime and water. These

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Aerocon block is extremely light, just one-third the weight of clay bricks and much easier to handle on the site. Aerocon block covers the same area as that of 14 clay bricks, enabling faster construction, resulting in saving of labour, time and material. Aerocon’s excellent thermal properties help in saving recurring costs of heating and cooling. It is fire and moisture resistant. It has exceptional good workability. These blocks confirm to ISI/BSI standards which are the best in the world. The blocks also save the cost of plastering.

blocks are in the range from a thickness of 75 mm to 200 mm, respectively. They can also be made to the required size. Aerocon blocks can be plastered, painted, drylined or tiled. Aerocon’s micro cellular structure incorporates millions of pockets of trapped air which gives it the characteristic lightweight, high thermal insulation and excellent frost and water resistant features. Aerocon HQ Blocks (autoclaved aerated concrete blocks) are widely used in residential, commercial and industrial buildings. They are not only lightweight but energy efficient too and are produced by adding

February-March 2012


Technology a foaming agent to concrete in a mould, then wired, cutting blocks or panels from the resulting ‘cake’, and ‘cooked (curing) with steam (autoclaving). AAC is well known as an environmentally-friendly construction material. It is manufactured from common and abundant natural raw materials and the finished product is up to twice the volume of the raw materials used, making it extremely resource-efficient and environmentally friendly. The energy consumed in the production process is only a fraction compared to the production of other materials. The manufacturing process emits no pollutants

Parameters 1 2

Saving in steel Quality

3 4

Compressive strength Cement Consumption

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Labour required Sizes availabe

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Carpet area

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Construction time Chemical composition

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Energy saving

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Additional properties

and creates no by-products or toxic waste products. AAC is a load-bearing block, which also provides thermal and sound insulation as well as fire protection, thereby eliminating the need for many different layers of materials. The workability of AAC helps eliminate waste on the jobsite. The use of AAC can reduce indoor air pollutants. AAC is completely inert and does not emit toxic gases, even when exposed to fire. There are other important distinguishing properties too, which differentiate AAC blocks from the conventional red bricks. The AAC block is stronger and possesses better compres-

sive strength than the red brick. They can be used as an ideal heat insulator six times better than the red brick and 2–4 times lighter than the red brick, which helps protect and save the structure. Heat prevention in summer, energy consumption from using air conditioning can be saved up to 60%. The blocks can be nicely plastered without causing any crack problems. Only 10 mm of plaster thickness is required which helps reduce plaster mortar usage up to 60%. They can be easily cut and can be rapidly laid since it is three times larger than red brick and resist fire for longer than four hours.

AAC Blocks

Bricks

15-20% Uniform Quality due to mass production in the factory 30-35 Kg/cm2 Less consumption of mortar due to flat surfaces. Column & beam size reduced and so less concrete is required Less labour required Available in sizes of 3”, 4”, 5”, 6” 8”,9” thickness More carpet area is availabe in same built-up area due to less widths of walling Speedy construction due to its big size Flyash used app. 60 % which reacts with binders (lime & cement) to form AAC which is an inert material 30 % (app.) i.e air-condition load both heating and cooling will come down. 1. Lightweight (Density 650 Kg/m3). Ideal for adding storeys to existing old building. A boon for increased FSI and TDR beneficiaries.Reduces dead weight on the foundations and structural members. Thus economy in constructions 2. Highly insulating ( K value: 0.16 W/(mK). Therefore saves 25% cost of installation and also recurring cost of electrical charges. 3. Highly fire-resistant and incombustible (4 Hrs for 150 mm AAC Block 2 Hrs 4. Sound absorption : Absorbency of airborne sound for 4” is 39-40 db. Helps to cut off sounds. Less sound pollution.

No saving in steel

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Non-Uniform Quality 20-25 Kg/cm2 More consumption of cement due to uneven surfaces No saving in concrete More labour required Available in 4”, 6”, 8” & 9” thickness Less carpet area available due to more width of walling Slow construction due to small size Soil is used which contains many inorganic impurities like sulphates, etc which results in efflorescence No saving

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0.81W/(mK)

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February-March 2012


Project features

HYDERABAD realty tees off a success mantra

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home with a golf course view seems to be the latest fad within the city’s real estate sector. Hoping to lure the rich and mighty to their far-flung projects on Hyderabad’s outskirts, several major developers with a sufficient land bank are now taking to residential-cumgolf course ventures. On the Srisailam highway alone there are at least two such under-construction teeing arenas currently, which are in addition to the few spread across areas such as Gachibowli and Shadnagar.This is a smart marketing module, say industry observers about this fast-growing trend, pointing out how these back-of-the-beyond ventures are making desperate attempts to win customers with this concept. These villas would have failed to find buyers had it not been for the sprawling, lush-green golfing zones, which are a hit with the well-heeled swish set nowadays, said an industry source. Not surprising then that MAK Projects, almost three years after it launched its Banyan Tree Retreat along the Srisailam highway,is now creating a nine-hole executive golf course, exclusively for residents of this gated community. For the same rea-

son perhaps, even Aliens Group that has a 1,200-acre high-end project planned along this stretch is aggressively marketing the 27-hole signature golf course expected to be part of this soon-to-start venture. And despite the distance (over 50 km) from the core city limits, these villa projects are flaunting an expensive price tag, thanks to the prim and verdant golf courses. What could have been available for a few lakhs sans the teeing zones, are now selling for nothing less than Rs 1 crore, say industry sources. In fact,the Aliens Hub (upcoming project) when completed, is even slated to have independent homes worth as much as Rs 7 crore! This valuation is largely rooted in the putting area being provided within the residential project, said a city realtor explaining how these courses were being incorporated for long-term returns. Now they are fetching a high selling price. Soon these clubs will be thrown open to the public and developers will charge an exorbitant membership fee. And considering the rising demand for this game, which has become a status symbol now, there will be no dearth of takers, the realtor said.

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What is also expected to work for projects mushrooming along this highway is their proximity to the healthcare centre coming up near Shamshabad. More professionslas from the health industry are expected to buy property here in the future, note observers. Already MAK Projects has numerous doctors as customers, but those developing these premium properties, predictably, claim that it is not the golf courses alone that are working for them. MAK Projects says that the golf course was not part of their plan initially, but they developed it not because they did not have takers but because there was a huge demand for the golf course among their existing buyers. Also, people who have the money now want to live in a serene environment, said Samuel John Varghese, director (Strategy) of Aliens Group, explaining the reason behind the firm’s latest venture. Considering the flood of enquiries about the project, Varghese is confident that the venture, despite its high price, will see a good run in the market. (As told to TOI by Nasir Ali Khan, Managing Director, MAK Projects Pvt. Ltd.)

February-March 2012


MARKET RATES

Property Rates

Locality

Price (Rs/Sq.Ft.)

Attapur A S Rao Nagar Barkatpura Bachupally Bandlaguda Banjara Hills Barkatpura Bollaram Chintal Domalguda East Marredpally Erragadda Gachibowli Hi-Tech City/Madhapur

2800-3100 3000-3200 4500-4800 1500-2100 2000-2200 5800-7000 4500-4800 2000-2200 1800-2000 3500-4500 4200-5000 3000-3800 3500-4500 3500-4500

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Habshiguda Hyderguda Hasmathpet Hydernagar Jeedimetla Jamai Osmania Jubilee Hills JNTU Road/Kukatpalli Kondapur Lingampalli LBNagar Marredpally (Secunderabad) Mehdipatnam Nampally

3000-3500 3000-3500 2300-2800 2500-2800 1800-2100 2300-2500 6800-7800 3000-3800 2500-3800 2000-3400 2500-2800 3400-4300 3000-4200 2800-3900

February-March 2012


Realty trends

Good news in 2012 for city H yderabad continues to be a favoured destination for home buyers and is ranked among the five preferred cities in the country for 2012. A survey conducted by the real estate portal ‘Makaan.com’ has found Hyderabad in the company of Mumbai, Delhi, Pune and Bangalore as preferred investment destinations. The initiative ‘Property Trends 2012’, among other things, has sought to identify the choice of the city for making a real estate purchase in the year 2012 and Hyderabad with 7 per cent found a place in the top five. While metro cities continued to attract majority of buyers with 78 per cent of consumers surveyed making them as their preference, Mumbai has been considered the most sought after location for real estate investment over next year with 34 per cent preference from home buyers. It was followed by Delhi (18 per cent), Pune (10 per cent), Bangalore (9 per cent) and Hyderabad (7 per cent). While these emerged as key real estate investment destinations

for 2012, beyond these five cities preferences came for Chennai (6 per cent), Ahmedabad (4 per cent) and Kolkata (3 per cent). A considerable chunk of home buyers across the country who took part in the survey expect the home loan interest rates to fall in 2012. REPO rate Makaan.com points out that in the recent past, the Reserve Bank of India (RBI) has increased the benchmark REPO rate 13 times and home buyers seem to believe that the RBI was at the end of the interest rate increase cycle. In its own take, the portal expects that the RBI will maintain the rate at the current levels till February-March 2012 and announce rate softening post after that. The meltdown of 2008 and early 2009 saw the property prices correct by 25 per cent to 30 per cent in major cities and post-meltdown saw a very smart recovery with prices reaching their earlier levels. On the pricing forecast, an overwhelming 34 per cent expect a price correction up to 10 per cent and 9 per cent believe that the

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property prices will increase up to 10 per cent and another 10 per cent believe them to increase more than 10 per cent in the coming years. “The property prices will remain range bound till the first half of 2012 with a slight negative bias. We are expecting a demand revival during JulySeptember 2012 period which will lead to hardening of property prices in the second half of 2012,” Makaan.com observed. The other aspects of home buying had 29 per cent wishing for an increase in income tax exemption limit, on repayment of interest on home loan, from the current 1.5 lakh to 3 lakh per annum. Another advice from home buyers is to resolve the constant conflict of super area vs. carpet area and 27 per cent wanted developers to charge on the carpet area rather than the super area. End-users The forecast opines that end-users demand will drive the property market in the year 2012 and buyers are confident of making a property purchase with some help in the form of price correction and softening of home loans.

February-March 2012


Leisure

Golf and lower back pain

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olf is one of the favourite sports of jet-setting businessmen, top officials, captains of industry, corporate honchos, and political bigwigs in Western countries, the US and Japan. A very sophisticated game which is mostly confined to the creme de la creme of society, golf is played in a relaxed atmosphere in the verdant greens. However, like any other sport, golf can produce common injuries to the lower back caused due to muscle strains and sprains. Why is lower back pain common among golfers. This is primarily because the swinging movement, while golfing, which leads to trauma to the body (lower back). The reasons for this trauma are:  Lack of exercise  Poor posture at play  Improper body mechanics  Wrong techniques & faulty body movements  Muscle strain  Ligament sprain  Muscular weakness  Joint & disc diseases

Lifestyle, i.e. smoking, excessive body weight, mental stress  Improper footwear Overstrain Common injuries in lower back  Lumbar strain  Lumbar disc prolapse  Lumbar spondilytis  Lumbar spondolosis  Lumbar spondolosysis  Lumbar spondolysthises Precautions & preventions Before playing a game of golf it is important to warm up and do some stretching exercises. Lower back muscles such as extensor muscles and erector muscles should be strengthened isometrically. A proper posture and techniques should be adopted. Appropriate footwear should be used and most importantly, stress and strain should be avoided. Treatment Most commonly found lower back pain condition among golfers is lumbar strain. In this condition, the patient should take complete rest. For 0 to 3 days during the

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acute phase ice treatment is recommended. During the 0 to 5 days phase of sub-acute condition ice treatment should be adopted. In the 0 to 7 days chronic phase, hot water fermentation should be adopted if pain is not under control. Electrotherapy treatment such as interfrequential (IFT), ultrasound and shortwave diatheramy (SWD) can also be used.Even after this if the patient complains of pain then the condition requires investigations such as X-ray and MRI scan. After seven days, gradual active movements such as strengthening exercises of extensor and erector muscles should be undertaken. Finally, after two weeks, rehabilitation training and fitness exercises are recommended. Dr. M.MANJUNATH (B.P.T, PG Dip. sports medicine) The writer is a physiotherapist with Vivekananda Hospital, Begumpet, and can be reached on 040-66735555, 9849469102 srideevimanju@yahoo.com

February-March 2012


APREDA Diary

Bonhomie and cheer m

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4 1) APREDA members at the NAREDCO meeting at Jaipur. 2) Horizons being released at the November monthly meeting. 3) Chief Mentor Mr Muralimohan presenting a memento to Mr Gopalakrishna, APREDA Secretary. 4) Founder president of APREDA Col. (Retd.) Narne Ranga Rao at the meeting. 5) Col (Retd) Ranga Rao presenting a memento to Mitesh Kulkarni of Mantri Developers.

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February-March 2012


APREDA Diary

mark monthly meetings

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1) Vertex Homes MD VVR Varma and APREDA office-bearers at the December monthly meeting, where a presentation was made on the regulatory bill. 2) Members are all attention at the presentation. 3) APREDA secretary GVR Ravi and CP Prabhakar Rao, legal adviser, at the meeting. 4) G. Haribabu of Lahari Resorts giving the presentation on the regulatory bill. 5) APREDA treasurer K. Rajeshwar raising a point at the meeting.

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February-March 2012


APREDA Diary

Knowledge s haring with a purpose

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1) Members flipping through the APREDA diary at the governing council meeting held on January 10. 2) Sridhar Reddy and Sunil Chandra Reddy at the meeting. 3) Chief Coordinator Vijaya Sai raising a point. 4) APREDA president P. Prem Kumar welcoming AV Bhide and VVLN Sarma to the meeting. 5) Members heralding in 2012 in style.

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February-March 2012


Interiors

Create customised FLOOR DESIGNS Bring the magic of mosaic tiles to your home surfaces Alok Goyal

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osaico is an art of creating designs with small pieces of various materials like ceramic and vitrified tiles, stones, marble or any other material. Mosaic tiles are really a form of art that was developed over 4,000 years ago and was most noticeably used by the Romans who were experts at creating fantastic mosaic art. Today, most home owners are aware and familiar with Mosaic tiles and many homes have them on their walls in kitchens and bathrooms. Mosaic tiles can be used as little or as much as you like and there really is no set pattern to using them, in fact home owners can have a lot of fun creating Mosaic tile art. Whether indoors or outdoors, even a modest application of mosaic work can enliven an environment with vibrant colour and a rich textual element, which makes it the first choice of design-savvy home owners. If you haven’t used mosaic tiles before, it is always wise to select areas in the room where you can experiment with mosaic tiles. Shower rooms are a great place to experiment and mosaic tiles can be used in the showers where different colours, styles and materials can be used to really brighten up the room and create a unique design. Mosaic tiles are also great for the kitchen where they can be used on backsplash areas and even on the kitchen floor. Mosaic tiles can be used in a disorganized fashion by blending different colours or materials together or they can be used in a more organised form where small mosaic tiles are used to create a large image or picture. Glass is a popular material used in mosaic tiles and this works really well in bathroom areas where they will reflect the light and make the room look larger. Mosaic tiles work really well on backsplash areas and in and around bath areas where real focal points can be made. Home owners are now experimenting with new and unique designs of their own and it can be fun and really productive to create a style and design for the bathroom or kitchen. The most important aspect of any tiling job, especially when you are experimenting, is to confine the mosaic tiles to a small area

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and if it works, you can then expand the design to other places in the room. Mosaics can be laid on vertical surfaces such as a wall, a panel or even on furniture, where the use of adhesive is recommended. After the mosaics are set, the joints need to be filled with grout. It is important to wipe off the excess grout before it settles on the surface of the tile. We also recommend the use of sealants on the most unpolished surfaces like stone or marble. This not only enhances the colour but also protects the surface from stain. The maintenance of mosaics is simple. Just wipe off the surface with a damp cloth and make sure not to use acids or any strong chemicals to clean the surface. Variation in colour and texture and even the unfinished look of the small chips are an inherent property of this form of art. This field is limitless! The writer is CEO, Nitco Ltd Courtesy:DNA Property

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February-March 2012


Fitness

Get rid of that ugly

Belly

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paunch or a pot belly not only has any takers in the world of glamour, it is equally looked down upon in normal, day-to-day life. It has been proved that belly fat puts you at high risk for many dangerous diseases and must be addressed on priority. Getting a toned body is hard work that requires dedication and commitment. And the one area people complain most about is the abdomen. While cosmetic concerns are the primary reason most people do hundreds of crunches and avoid foods that add to the tummy, there are greater health repercussions associated with a big belly. Which is why the belly has always been considered one of the unhealthiest spots to have excess fat on the body.

Why is belly fat bad? Most people are not aware of the health hazards that high fat on the abdomen poses. Many experts believe that having a heavy belly is actually more hazardous then being obese or overweight. Accumulation of “abdominal fat” leads to an increased waist size. Abdominal fat is popularly known as central obesity or belly fat. It is very important to know that the larger the waistline, the more you are at risk of developing a harmful disease. The human body accumulates two types of fats on the abdominal area. ‘Subcutaneous fat’ is located beneath the skin and muscle fat. More dangerous is ‘visceral fat’, which is stored deep inside the abdominal area between the internal organs and chest. The reason this is more harmful than subcutaneous fat is because it releases more inflammatory molecules on a regular basis, which can increase the danger of cardiovascular disease, high blood pressure, diabetes, cancer and sleep apnea. Ideal measurements The Body Mass Index popularly known as “BMI” is one of the popular tools used to measure body fat. However, the size of the waist gives a clearer idea of “belly fat”. Experts suggest that women should keep their waist measurement below 80 cm (31.5 inches), and men below 90 cm (35.5 inches). Beyond those measurements, you then fall into the category of suffering from abdominal fat, one that needs to be dealt with on a priority basis. Getting rid of that paunch or a heavy belly calls for an immediate change in lifestyle. The key to weight loss is a combination of a well-designed exercise programme and healthy and nutritious diet. Crash diets are an absolute no-no. Remember, fat accumulated on the abdomen is stubborn. Routine exercises and crunches often

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don’t make a great difference. One has to do specific exercise, specially meant for cutting fat on the belly. And it is also important to work out regularly for a while before you actually see any difference. So keep at it, and don’t give up if you don’t see instant results. The other change you can make is to your diet.Foods that increase belly fat include: trans fats, found in many processed foods like biscuits, pizzas and many bakery products. Sugar, found in chocolates and soft drinks, simple carbohydrates found in refined wheat, white rice and fast foods, creamy foods. Instead, consider adding these to your diet plan as they actually help in burning belly fat: Olive oil, almonds oats eggs dals and beans like rajma whole grains green vegetables slim milk and yogurt tea -- black and green It is never too late to work on the excess fat accumulated on your abdomen. So before it brings you close to life-threatening diseases wake up and get rid of that belly!

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February-March 2012


Heritage

St. Joseph’s Cathedral: mother church of Deccan

Pic: Michael Monteiro

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lane off the bustling main road reveals a tranquil place of worship – the magnificent St.Joseph’s Cathedral in Gunfoundry in the majestioc city of Hyderabad Sarah Mathews with a rich tapestry of history and tradition. Fr Barbero, the Vicar Apostolic of Hyderabad, in 1869, enjoyed the favour of then Prime Minister, Nawab Asman Jah, and subsequently an extensive plot of land in Kotha Basti Chaderghat, now Gunfoundry, was bought by Fr A Togliabue to house a school, convent and church. The foundation of the church was laid on 18th March 1870 and the church was opened for worship on Christmas day in 1875. Pope Leo XIII notified St Joseph’s Church to be the cathedral of the Hyderabad Diocese on 17th March 1887. The predominance of Italian architecture is evident in the church and its baroque façade has a dramatic intensity, which adds immensely to its appeal and distinctiveness. Baroque architecture was initially linked to the Counter-Reformation, a movement within the Catholic Church and its embellishments are indicative of the wealth and power of the Church. The twin towers and façade were completed in 1892 and the five bells in the belfry tower were imported from Italy and installed in 1892. Till about 20 years ago, the bells could be heard afar when they were rung before mass. However today, the sweet chimes are no longer heard in the din of traffic and the surrounding concrete jungle. The bells were rung differently to communicate different messages to people such as announcing a death or alerting people of a forthcoming storm! All the five bells are rung only on important feast days, Christmas and Easter. These bells are tuned to musical notes and ‘Ave Maria’ can be played with them. The building and arches are made of granite stones with an exterior of lime, except

The majestic facade of St. Joseph’s Cathedral at Gunfoundry. the roof. The original roof was made of zinc sheets with mortar and lime but has been replaced with concrete. However, the same slant has been maintained, thus retaining the original look. Extensive renovation work was performed on the roof and interior of the structure between 2004 and 2008 which saw a beautiful six-foot-high (1.8 m) granite wainscot being added to the cathedral sanctuary walls and column bases as well as new granite flooring. The main worship area is large and can accommodate 500 people at a time. The crucifix at the altar is unique because the figure of Jesus Christ is made of a single piece of wood except for the arms which were attached. An interesting fact is that till 50 years ago, the priest faced the altar during worship unlike the present where the priest faces the congregation. Similarly, the choir no longer sits on the balcony above the worship area but facing the altar on the left. There are the 14 stations of the cross illustrating the condemnation of Christ leading to his crucifixion in antique bas-relief made by European craftsmen on the walls.

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A replica of the famous ‘Piete’ by Michelangelo depicting the sorrow of Mary after the crucifixion in the main alcove is home to the night vigil between Good Friday and Easter when the Tabernacle (where the Sacrament is kept) is closed. The side altars have statues of St. Antony and Ave Maria carved out of marble and donated by the Italian clergy that came to India. As one walks around the cathedral, one is struck by its historical associations. There is a picture of ‘Mother and Child’ painted by Spanish artist Murillo and presented by the last Nizam, Mir Osman Ali Khan, as a memento of his visit on Easter Sunday, 5th April, 1953. The giant clock in the left tower was also presented by Nizam VII on 17th February 1953 in commemoration of his visit at midnight mass on Christmas eve, 1952. One cannot help but feel that the majesty of St. Joseph’s Cathedral is commensurate with its status of being the Mother Church for 136 years to the entire Deccan Plateau. (Sarah Mathews is a Hyderabad-based freelance journalist)

February-March 2012


Travel

Goa beckons one and all

A pristine beach in Goa

Goa is the ‘number 1’ tourist destination in the country. Vivek A. gives a wacky first-person account of his recent road trip to the land of feni

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ome December and a visit to sunny Goa is always an exciting prospect and my plans to celebrate the New Year were no different. As we entered the last week of December, things fell in place, the bookings were done and the most exciting part that I was looking forward to was the road trip, like always. Incidentally, my last four trips to Goa were all by road!! This trip was going to be a pretty special one for me coz, it was with family. Wifey and kiddos you know!! And my childhood pal and his family from Bangalore were to join us midway.

The kids were all excited and kept on asking me as to what was in store for them in Goa. Will we be staying close to the beach? Does the place where we are going to stay have a swimming pool? What will we be eating? The questions were endless. The DDay arrived and on a chilly December 28 morning (6.30 a.m.), we started for Goa in my Santro Xing XL (Sweetheart). We decided to take the familiar Mahabubnagar-Raichur-SindhanurManvi-Gangavati-Koppal-Gadag- Hubli route. Within no time we were cruising comfortably as the roads were damn good

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except for a few stretches. The kiddos (aged 9 ½ and 6) were expectedly hyper while wifey dear did her best to keep them engaged and under control. The car audio, the landscape outside and the IPad (they were inseparable) kept them occupied. And once in a while they did break into song (No prizes for guessing!!! Kolaveri Di it has to be) I focused on the road ahead. We reached Raichur around 10.30 a.m. driving at a leisurely pace, stopped by for a quick bite and exited the dusty town 30 minutes later. The plan was to reach Hubli, where we would be staying at a friend’s place for the night and travel the next morning. Humming, chatting and occasionally stopping by for a cuppa of brew, we reached Gadag at 4.30 p.m. A quick bite

February-March 2012


Travel later we headed for Hubli, reaching the place by 6 p.m. Must say the drive on the Gadag-Hubli stretch is great. The road is straight as an arrow man!!! Next morning started at 6.45 a.m. towards Karwar. The ghat road leading to Karwar, superb drive must say. The small villages en route, the greenery and those unavoidable stoppages for chai, smoke and….. you know what!!!. Midway just after a good 20 km after Yellapur, I joined my friend who drove from Bangalore, via Haveri. Umpteen The basilica of Bom Jesus near Panjim curves and slopes later, we slipped into sleepy Karwar. (Chivas Regal) for the night. Bliss it was. Such a beautiful and laidback place must Next morning after breakfast headed to say. Even as we enjoyed the drive soaking Miramar beach where the kids (all four in the scenery we entered Goa, through boys) went berserk. With the sun beating Cancona. And lo we were greeted by the down, we shielded ourselves with caps and ubiquitous bars on either side with the King goggles, while the kids had fun in the waof Good Times beckoning us!!! We’re in ter. After a couple of hours we were back Gooooooa screamed the kids, impatiently home, had a shower and left for Panjim, asking when we’re going to hit the beach. had vegetarian lunch!!!!! (Friend and his Well! It was almost an hour later at 2.30 family is veg!!!) Well! these were a couple p.m. that we reached Dona Paula after of shockersthat I did in Goa!!! The evening crossing Madgaon and heading north to- was well-compensated as we went to the wards Panjim, where our agent met us to happening Fidalgo restaurant in Panjim. take us to the accommodation. Arabian Nights was the theme as a buxom Driving through Panjim, the smell of the and blonde Russian belly dancer left everysea, sand and fish filled the nostrils and it one in awe with her gyrations. Some Indowas ‘rejuvenating’ as we crossed the jetty nesian babes too were belting out Hindi and headed towards the leafy Miramar and numbers at the orchestra. Vodka, Goan fish then to Dona Paula. curry, King fish, roti, chicken, lamb, xacuti, The kids and the elders were pretty fam- rice and much more was the buffet spread. ished by then and screamed Khaana first. After the meal, just drove around Panjim as Me and my friend first gulped down a cou- the cool breeze made it a perfect evening. ple of chilled beers before thinking of food. Next morning (Dec 31) went to Dona Paula Done with it, we headed to the place,a jetty where the kids and wifey too did some double-storeyed 3BHK fully-furnished water sports (ski jets) while me and pal A/C bungalow at Taleigaon, a couple of went around the place. North Goa is hapkilometres inside from Miramar beach. pening on New Years, but the crowd (looks (Need to book accommodation in advance like the entire world is in Goa for the NY), if planning to spend NY in Goa). Did noth- traffic gridlock and repeated advice from ing much in the evening as the drive was locals not to head there lest I return only tiring. Nevertheless, the kids were happy the next afternoon, dissuaded me from goand smiling and I couldn’t have asked for ing north. (Family bhi tha na boss!) Colva more. Picked up a couple of Vada Pavs and was great, me, wifey and kiddos left in my settled down with my pal and some scotch car while friend drove in his Innova as he

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planned to split early and not stay back for the fireworks on the beach. The beach was choca-bloc. Managed to get seats in a shack on the beach and settled down with some whiskey while the ladies sipped their Bacardi. It was King Fish, prawns, chicken Vindaloo, rice, French fries and more whiskey. The crowds swelled and the music got louder as the clock ticked towards Zero Hour. My friend, his wife and kids left as they planned to head out early in the morning to Bangalore while we decided to chill out a bit more. We were indeed doing so and at about 12.30 a.m. we decided to leave too. Even as we headed towards the car, I to my horror of horrors realized that I had lost my car keys!!!!! Short of tears I frantically searched near the table where we sat on the beach amid thousands of stomping feet and deafening music. Gawd! What a way to start the NY I thought to myself wondering how to reach home. Wifey was a great help as she got in touch with her local contact to arrange a taxi. The poor kiddos endured the ordeal silently, while I was worried to leave Sweetheart all alone in the parking lot, 500 metres away. Will she be safe? Thankfully, she was indeed the next morning as the taxi driver who ferried us back home gave a key maker’s contact in Madgaon. I thanked my stars after spending a sleepless night as he got the duplicate made. Thanking him I headed towards Panjim, thinking about the worst scenario as it was Jan 1, a Sunday and entire Goa was shut!! (Moral: always carry a duplicate car key) Anyways, after shower and lunch, finally left Panjim for Belgaum at around 5.15 p.m. Drove for over four hours in the night through the ghat (a first for me), reached Belgaum and checked into a hotel for night. Next morning, headed for Hyderabad via Bagalkot-Hungund-Ilkal-LingusunurRaichur-Mahabubnagar. Reached home at around 8.30 p.m. after what I would say was an eventful stay in Goa.

February-March 2012


Etiquette

Good table manners

By Carolann Philips

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able manners play an important role in making a favourable impression. They are visible signals of the state of our manners and are therefore essential to our success. To avoid awkward moments while dining with friends or business associates it is imperative to know the basics of table manners that would not only make the meal more enjoyable but also make one more confident, relaxed and polished. There are many rules about dining etiquette but here are the basics of western dining that serve as a reminder to table manners that might have been misplaced or forgotten! It is improper table manners to do anything at the table until the host or hostess does so first. This includes sitting, eating, drinking or putting the napkin on your lap. A napkin is used to only dab the mouth, not to fan oneself, wipe sweat off the face or wipe the mouth hard. A proper posture at the table always creates a good impression. Always sit straight up in the chair; never leaning

backward, or forward. When not eating, keep your hands in your lap or rest your wrists lightly on the edge of the table. The table setting is like a road map that guides the diner through the courses of a meal. The nitty-gritty of utensil placements is another matter, however, and shall be covered later. The golden rule to remember is to always begin the meal with the silverware farthest from the plate. When eating, bring the fork or spoon up to the mouth rather than moving the face close to the plate. Soup must not be blown on. Rather, let it sit until it cools or stir it a couple of times gently. When sipping soup, spoon it away from your body and sip it from the side of the spoon. It is poor table manners to talk with food in the mouth. Therefore, the best thing to do is to take small mouthfuls that can be chewed and swallow quickly, enabling polite conversation. Chewing with the mouth open or making loud noises while eating is gross. It is improper to spit a piece of bad food into the plate or use fingers to remove it. Rather, remove the food with the utensil

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used for eating. Place the bad food on the edge in the plate and if possible try to cover it with some other food. It is bad table manners to drink with food still in the mouth. Instead, finish what you are eating, dab your mouth with the napkin and then take a sip. Never use a toothpick at the table. Try drinking some water to help the situation or visit the washroom instead. If you cause a small spill on yourself just dab it with the napkin and forget about it. There is no need to draw the attention of others. Likewise, if you eat something very hot, don’t gulp down water. Rather, take a slow sip and relax. Pass food items from left to right so that the right hand is free for serving. Above all, don’t forget - ‘please’ and ‘thank you’ are basic to good manners at the table! (Carolann Philips is a certified etiquette and protocol consultant and behavioural skills coach. She is the managing director of Hallmark Events, a company that focuses on designing and developing programmes with emphasis on organizational behaviour and thinking, based in Muscat, Sultanate of Oman.)

February-March 2012


Feng Shui

Get that positive energy H

ealthy house plants are good and beneficial, especially wooded house plants and bamboos. In Feng Shui, wood represents creativity, birth, regeneration, the direction east, and spring. It is one of the five basic elements in Feng Shui. In general, all kinds of plants emit a positive energy and, because they cleanse air, they contribute to the positive flow of chi throughout a house. House plants can also be used to disguise harsh angles or other elements that would otherwise create a stagnant flow of energy, thus acting as “bad energy sinks” that redistribute and redirect. Some tips The rules with Feng Shui are flexible, to allow for the infinite variety of homes and people. But there are some basic principles that you can use when placing plants in your home that will increase chi: Mind the entrance. Your front door is literally the beginning point in the journey of your home. It is where you welcome people, and where air circulates most freely. Place or hang plants near the front entrance, whenever possible.

Disguise harsh lines. Sloped ceilings, corners, and other sharp lines are considered negative energy enhancers because they stop the flow of chi through a house. Use plants to disguise these architectural features of your house and enhance air flow between rooms and through “dead” spaces. Don’t keep dead or dying plants. It seems obvious, but dead or dying plants emit negative energy and should be discarded. This applies to cut flowers also. In general, flowers are good for the home, but declining bouquets should be discarded. After all, what’s the point in keeping a literal symbol of death hanging around? Keep herbs in the home. The Chinese often burn herbs after an argument or other disruptive event to purify the home. Growing herbs are also beneficial and should be kept in the home. Lavender is a particularly powerful herb as it is widely considered to promote relaxation and peace. Think in terms of whole

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

rooms. Decorate the whole room at once with plants, or begin on one side and move slowly across the room. Don’t think of the plants as separate from your furniture, but as an integral part of your living space. Pairs are considered beneficial also, so use pairings of plants to increase chi. Avoid thorns. Thorny plants form a protective barrier, thus stopping the flow of chi. If you must, place them by a window to discourage intruders. Don’t place thorny plants near the front door. In the truest sense of the word, Feng Shui is not merely concerned with interior decoration or plant placement, but with the flow of energy in the world at large and all of its occupants. Obviously, one person can’t right imbalances throughout the world, but according to the principles of Feng Shui, we can each begin in our own little spaces.

Plants you can use Any healthy plant can help increase a home’s chi or be used in Feng Shui designs. However, some plants are more beneficial than others, and wooded plants are considered the best of all. Here are some great plants to consider: bamboo. Any variety of bamboo is a good, even lucky (which technically is Dracaena sanderiana, a shrubby plant native to west Africa). Palms Dracaena. There are many species of dracaena, some of which form thick, wooded stalks. Peace lilies. Jade plants. These are sometimes called money plants. Ficus species. There are many species of ficus, including rubber plants and the weeping fig. These are very beneficial plants — in fact, Buddha achieved enlightenment while sitting beneath a ficus tree. Hanging plants. Baskets are great for moving chi throughout a room and near the ceiling.

27

February-March 2012


Landscaping

Designing the perfect children’s play area

I

n today’s urban world with physical boundaries shrinking and open space becoming a rare commodity, Children’s lives are being more and more restricted and constrained due to small apartments, high-stake academic instruction, tight schedules, tense, tired and overworked parents and by fewer opportunities for the tiny tots.

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Our children experience fewer and fewer opportunities to explore nature, run, roll, climb, and swing. Outdoor play is essentially part of childhood and we must find a variety of ways to provide quality outdoor play experiences for children. Fortunately, today builders, developers and the government have realised the importance of children’s play area and are making con-

February-March 2012


Landscaping scious efforts to make them an integral part of most layouts, gated communities apartment blocks. A variety of factors determine the quality of a playground for children. These include design of the play area, safety issues, play equipment, accessibility, and adult supervision. Keeping in mind the different age groups of children, the play area can be divided into two zones, one for toddlers until six years and the other half for older children. Play equipment is easily available in the market and come in different materials like pressure-treated wood, steel, galvanized steel, aluminum, and various recycled materials. Environmental conditions, use, and desired aesthetics should be considered when selecting the materials. The swing being the most popular, other play equipments like seesaw, slide, climber, the merry-goround and outdoor fitness equipments like the poly gym are a few examples. The main issue in designing playgrounds is to provide challenging and fun activities while also providing for the safety of the children using the playground. To reduce the risk of injury due to falls, playground equipment should be located above a shockabsorbing, or safety surface. Sand is the most common and age old material used in play areas. It not only acts as a safety surface but is also a ready natural material for children to play with. Nowadays pouredin-place rubber and rubber mats are also becoming popular in their use as a safety surfacing in playgrounds. They come in different colours and can be used to create beautiful designs. It is important to create comfort zones in locations where the children can be visually supervised as they play on the playground. They should be located throughout the playground and should include shaded seating areas. Trees and vegetation provide shade, places to socialize, and natural boundaries between play areas. Care should be taken that new trees and shrubs are mature and sturdy at the time of planting. Another concept in play areas that is fast catching up are the DISCOVERY PLAY GARDENS. They are natural play areas for children designed to inspire creative play

and environmental learning. Here the landscape and vegetation is used as the play setting and ‘nature’ as the play material. In such gardens unconventional play features, including tree houses, boulder scrambles, slide inside a hollow logs, snag climb, a pond with waterfalls and walking trails, provide a natural environment where young children can immerse in the exploration of nature. As children have a tendency to put things in their mouth, caution should be taken while choosing plants for children’s play areas, as some can be poisonous and can cause allergies. There are no common characteristics of form, colouring, odour or taste, which distinguish a poisonous or harmful plant from a non-poisonous one. But as a general rule of thumb, plants with a bitter taste, funny smell, milky sap or red seeds or berries may be poisonous and shouldn’t be included in children’s gardens. All parts of the yellow oleander (Thevetia peruviana) are toxic. The seeds are highly appealing, especially to kids but are very poisonous.

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Cacti are stylish but are highly dangerous to the eye and most have spines - nerium oleander is also poisonous but tastes awful and should be avoided. Poinsettia, a favourite with most landscapists should also be avoided as the leaves and seeds cause delirium if eaten. The sap also causes irritation. The goal of designing children’s outdoor environments is to provide a composite structure of imaginative play activities that are designed to suit high standards of safety and durability. It is to create an environment that will beckon children and enrich their ‘work’ of play. Play areas not only add to the aesthetic beauty of a layout but also enhance the saleability of most projects. GEETHA PRASAD BFA (Murals) J.J School of Fine Arts PGD in Landscape and Horticulture (JNTU) M/s Callos Hortus Landscape Designers Mobile: 9246191992

Geetha Prasad

February-March 2012


Wellness

Benefits of Hibiscus

Tea

H

ibiscus tea is caffeine free. Rich in Vitamin A and C and with substantial quantities of flavonoids and proanthocyanidins, the tea acts as a good antioxidant. Hibiscus tea helps control cholesterol and thereby reduces the risk of heart disease. The antioxidants such as flavonoids, polyphenolics and anthocyanins, contained in hibiscus play a large role in preventing the oxidation of LDL cholestrol (the “bad cholesterol”) and successfully lowers the blood cholesterol levels. Hibiscus tea is effective in promoting the menstrual discharge. It is used to regulate the menstrual cycle and the problems related to the menstrual cycle in women. Hibiscus is an aromatic, astringent and cooling herb. It has long been known to act as a natural body refrigerant. The presence of citric acid and other salts exerts a diuretic effect which helps lower fever. Hibiscus tea with its well balanced, tart, astringent taste and berry-like aroma replaces electrolytes and quenches thirst during and after athletic endeavours. It also acts as a digestive‚ mild laxative and stomachic.

HUMOUR CORNER

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

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February-March 2012


Auspicious days

SUBSCRIPTION DETAILS AS A PRE-LAUNCH WE ARE ENROLLING SUBSCIPTIONS FOR FINANCIAL YEAR 2012-13 (6 BI-MONTHLY ISSUES) The annual subsription amount payable is Rs.200/(Listed price is Rs.300, i.e. six issues @ Rs.50 each)  The amount includes courier charges for the six issues.  The Feb.-March, 2012, issue will be sent as a complimentary.

Requests for subscription can be sent to the following address.

Andhra Pradesh Real Estate Developers Association (APREDA) 102, Tirumala Shah Apartments, Yellareddyguda Road, Ameerpet X roads, HYDERABAD - 500 073 Phone: 655 72184, 99898 44467 email: apredahorizons@gmail.com Web: www.apreda.org

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February 2012

AUSPICIOUS DAYS

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March 2012 9 11 13

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

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31

Upto 01.00 pm After 12.00 noon Upto 09.51 am

February-March 2012


Legal corner

No conveyance/transfer transfer of title takes effect through general power of attorneys/ agreement of salecum-GPA

GPAs versus conveyance deeds

W

hat is known as General Power of Attorney Sales or Agreement of Sale- Cum- General Power of Attorney sales are not valid as a sale as defined under the provisions of Transfer of Property Act. The law is very clear on this aspect. The purchaser of a property acquires absolute title over an immovable property only by way of a proper conveyance. For example, the title in immoveable property can be transferred by way of a registered sale deed, registered gift deed, registered exchange deed and registered or unregistered will. There is no provision under law which effectuates absolute conveyance of the property by a mere registered general power of attorney or registered agreement of sale-cum-general power of attorney. 1. In real estate transactions certain people opt for general power of attorney or agreement of sale-cum-general power of attorney to acquire title over immovable properties to avoid stamp duty, registration fee. In this regard it is to be noticed that by partly avoiding the requisite stamp duty payable in respect of a sale transaction on the sale deed and by opting for General Power of Attorney or Agreement of Sale-Cum-General Power of Attorney, the very transaction remains incomplete and doesn’t materialize into an absolute sale. 2. The General Power of Attorney are governed by Power of Attorney’s Act and Contracts Act. The Power of Attorney is essentially given by the executant to his attorney/agent to do the acts specified in

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

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February-March 2012


Legal corner such deed including the powers to alienate the property by finalizing the terms of sale upon the discretion of the agent as may be stipulated in the deed itself. The executant being the author of the deed is the person who determines as to the nature of powers to be conferred upon his agent. The agent can always exercise the powers in conformity with the terms of agency. If it is an agreement of Sale- Cum-General Power of Attorney it is not a mere agency but an agency coupled with interest. As per law if the agency is coupled with interest in such an event an interest will be created in the subject matter of agency in favour of the agent. Such agency which is coupled with interest is irrevocable in nature. The prevalent Agreement of Sale-Cum-General Power of Attorneys are all agencies coupled with interest and are thus irrevocable in nature. 3. The Supreme Court recently delivered a landmark judgment in Suraj Lamp Industries Private Ltd. and State of Haryana (Decided on 11.10.2011 in SLP (C) No.13917/2009). In this judgment the law on the aspect of the prevalent General Power of Attorney Sales or Agreement of Sale-Cum-General Power of Attorney Sales said that they are alleged transfers by way of wills to circumvent the provisions of prevailing laws such as the Stamp Act, Registration Act, etc and held them invalid. The Supreme Court made it clear that no transfer of title takes place either under General Power of Attorney or Agreement of Sale-Cum- General Power of Attorney. However the General Power of Attorneys can be executed for genuine transactions by the executants in favour of their family members, relatives or friends to act on their behalf in respect of dealings related to immovable properties. Similarly, the Agreement of Sale-Cum-General Power of Attorneys which are duly registered stand upon payment of stamp duty and are also

valid as contracts and agency coupled with interest. 4. Even after the recent Supreme Court judgment the registered Agreement of Sale-Cum-General Power of Attorney are valid and registered General Power of Attorney are also valid in Andhra Pradesh as requisite stamp duty is paid on such deeds.

The Supreme Court in a judgment said the law on General Power of Attorney Sales or Agreement of Sale-Cum-General Power of Attorney Sales are transfers by way of wills to circumvent the provisions of prevailing laws such as the Stamp Act, Registration Act, etc and held them invalid

Similarly, the registered Development Agreement-Cum-General Power of Attorneys which are already subject to specific stamp duty in our State, are also valid and enforceable. There need not be any doubt on these aspects. 5. In this judgment the Supreme Court referred to the transaction whereby an individual executed a will in favour of a company bequeathing the immovable property. The transaction by its very nature is strange and incongruous. The will be normally executed by the testator to bequeath the property in favour of his kin but not in favour of a limited company with which he has no concern. Obviously such a method is

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

33

decided to avoid payment of Stamp Duty and Registration Fee, and such wills are invalid. The Supreme Court only declared the law on the aspects by stating that only such kind of wills are invalid. The general wills executed by the testator in favour of his kin for any charitable purpose out of his own volition are valid. 6. For example, A wants to purchase a plot of land in an upmarket area of Hyderabad and settles the price with the vendor. A real estate agent suggests to him that he can opt for a General Power of Attorney or Agreement of Sale- Cum-General Power of Attorney instead of a sale deed to avoid full Stamp Duty payable on a Sale Deed. On Sale Deed he has to pay Stamp Duty or Transfer Duty of 7.5% in municipal areas as per basic value register of the Sub- Registrar. If it is a General Power of Attorney the Stamp Duty is only 1 per cent and for Agreement of Sale-Cum-General Power of Attorney the Stamp Duty is only 5 per cent. A, lured by such savings, opts for an Agreement of Sale- Cum- General Power of Attorney instead of Sale Deed. By this Deed A does not acquire any title over the property. He approaches a bank thereafter for a loan for construction of house. In the legal opinion the bank counsel refuses to clear the same stating that an agreement of sale-cum-general power of attorney does not convey title. A is therefore forced to obtain a sale deed again by incurring additional expenditure. Had A opted for sale deed in the first instance he would have avoided the additional expenditure and also the delay in the construction of his house. Mr. Velagapudi Srinivas, specialising in real estate matters, is an advocate based in Hyderabad and can be reached on 9848996008, 24036799, 23542339.

February-March 2012


News

FROM THE Hyderabad to become hub for medical, health facilities

NEWS

become partially operational from June next year. “Besides local patients, this international-standard hospital will also be catering to the huge demand for such facilities among overseas patients,” said an official attached with the project pointing to the spurt in medical tourism in Hyderabad. While there is, even now, a steady flow of tourists visiting the city for treatment, investors are trying hard to improve the footfall further, sources said. And, their primary marketing tool: The Shamshabad international airport. Predictably, areas such as the Financial District or Gachibowli, both of which are within a 30 km radius of the airport, are also being eyed for this purpose. While there is already a facility, Continental Hospital, coming up in Gachibowli, sources indicate that at least two other international groups are in talks with local parties to pick up about two lakh square feet (sft) area in this belt. Though no confirmation has been received from the investors, sources say that the deals are in their final stages and are likely to be sealed soon. “There is also a group of doctors from the US who are looking for land in the city to set up a centre and they are sure it has to

A

be in the Shamshabad airport-Gachibowli stretch,” said a real

t least 12 new hospitals are set to spring up in the city’s

estate developer. And what’s adding to their advantage is the low

Shamshabad-Hi-Tec City stretch over the next few years.

realty rates prevailing in this area at present. All these factors

Apart from local names, the list also includes international brands

put together are likely to see this part of the town develop into a

that are driving into the city in large numbers, hoping to cash in

medical hub soon,” an observer noted.

on not just the rising demand for specialised healthcare but also on Hyderabad’s world-class airport that has positioned the city as

Boost to housing sector in AP

a medical tourism destination.

The housing sector in Andhra Pradesh is expected to get addition-

Not surprising then, the vast tracts of open space surrounding the

al allocation during the forthcom-

Shamshabad International Airport are suddenly being considered

ing budget for 2012-2013. Dis-

by investors as the best bet for setting up multi-specialty hos-

closing this, Minister for Housing

pitals. The low realty rates prevailing in this area at present are

Kanna Lakshminarayana, said that

adding to their attractiveness. So, if there is an international hos-

the housing sector is likely to get

pital (a GMR, Apollo Hospitals and Mayo Clinic joint venture)

an allocation of Rs 2,855 crore re-

being built within the Health Port of the airport SEZ, not too far

flecting a hike of about Rs 55 crore

away in Nalagandla there is another medical institute, Citizens

over 2011-2012’s allocation of Rs

Hospital, which is on its way to completion. In fact, this 500-bed

2,300 crore. During the current

hospital, spread over an area of about 10 acres, is expected to

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

34

February-March 2012


News

PAG E S & S I T E S . . . financial year of the Rs 2,300-crore budgeted, about Rs. 1,600

Computer Services, Ramalinga Raju, got embroiled in an fraud.

crore has been spent.

According to the new deal, Mantri will get 40 per cent of the

The State Government has set an ambitious target of constructing

revenues

of about 12 lakh houses under the programme during 2012-2013.

from the project, The Economic Times reported, citing sources.

Of these, six lakh houses would be spillover housing projects

”The real estate company will need to deposit Rs 130 crore,

from the previous financial years. The rest of the houses would

which will be used for construction and will be adjustable against

be taken up after securing applications during the Rachabanda

the revenue. The property has over Rs 150 crore of non-perform-

programme. The Minister said that the construction of 3.36 lakh

ing loan on it,” one of the sources said. Sushil Mantri, managing

houses had been completed of the proposed five lakh houses

director of Mantri Developers, had earlier said that his com-

during 2011-2012. The department is confident of completing the

pany is looking at a possible tie-up for the property. Originally,

targeted number of houses during the balance period of the cur-

Maytas, Nagarjuna Constructions and ICICI Venture held 33 per

rent financial year.

cent each in the special purpose vehicle that was developing the

Ramky Infra bags Rs 1,051 crore orders

H

Jubilee Hills Landmark project. The three companies had bought the 5.7 acres of land for the project from the State government for

yderabad-based Ramky Infrastructure Limited, an integrat-

Rs 335 crore in 2006, which is still the most expensive real estate

ed infrastructure development and management company,

deal in Hyderabad. “Originally scheduled to be completed by

has bagged new orders valued at Rs 1,051.83 crore across roads,

the end of 2008, there has been no progress. However, with the

industries, water and waste water, power, irrigation and building

new partnership, construction will now start in the next two-three

verticals. The company has bagged a project from Delhi State

months,” said a senior official from one of the partner companies,

Industrial and Infrastructure Development Corporation for the

who also added that there might be a few changes in the project.

construction of low-cost housing for urban poor for a value of Rs

Mantri Developers has significant presence in Hyderabad and has

252.22 crore. Another Rs 225.50 crore project has been awarded

over 8 million sq ft under various stages of construction across

by the Karnataka State Highways Improvement Project for upgra-

different residential, commercial and retail projects.

dation of the road from Soundatti to Karnatagi. Others include, a Rs 92.75-crore project from the Bihar Urban Infrastructure Development Corporation, and a Rs 78.09-crore project from the PWD Amritsar. In Maharashtra, it has bagged two projects - a

Relief to industries

L

oad restrictions imposed on peak-hour power consumption will be lifted for industries located in Industrial Develop-

Rs 58.55-crore project from MP Paschim Kshetra Vidyut Vitaran

ment Areas and those drawing power from mixed feeders, in and

Corporation and another Rs 52.88-crore project from Adani

around Hyderabad. Industries so far are not being allowed to

Power Maharashtra Limited.

draw to their full capacity between 6.30 p.m. and 10.30 p.m., due

Mantri to take over Maytas project

to increased loads during the hours. They were permitted to draw only 60 per cent of the Contracted Maximum Demand in the said

angalore-based real estate firm Mantri Developers is re-

B

hours owing to the power crisis in the State.

placing Maytas Properties, the Satyam group firm, which

However, restrictions on peak hour loads have been lifted with

was building Jubilee Hills Landmark along with ICICI Venture

immediate effect. The relief will be in force till February end,

and Nagarjuna Construction Company. The project was stalled

provided no emergency situations in power supply arise.

after the founder of Maytas Properties and the erstwhile Satyam

The decision was taken after a representation was made by

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

35

February-March 2012


News

FROM THE

NEWS

FAPCCI to the Secretary to the Chief Minister, Jawahar Reddy,

facilities would be provided under one roof, and that he plans

for remedial measures in view of power cuts, especially for mi-

to rope in sport companies like Nike and Reebok as partners in

cro, small and medium enterprises, FAPCCI informed. Industries

running the university. “Every one is looking at engineering and

with dedicated lines of power supply will, however, have to en-

medical education. But in the Western world, sports education

dure the restrictions. The present two-day weekly power holiday,

is equally important. We want to bring such culture to India,” he

including one weekly off, will continue for the industries of all

said.

categories. Meanwhile, officials from the company have in-

Birla Research and Life Sciences Limited would also establish

formed that the present relief from scheduled power cuts for the

a Rs 700-crore Ayurvedic Village near Hyderabad. The project

city’s domestic consumers hinges purely on the availability of

involves manufacturing of ayurvedic formulations, hospital,

power. Areas in and around Hyderabad are being spared of the

treatment facility and research and development laboratories.

daily load reliefs due to reduced demand.

Birla also signed an MoU for a Rs. 10,300-crore polysilicon mining project near Kurnool as a backward integration for its wafer manufacturing facilities for photovoltaic modules. Birla Surya

Birla group to set up sports university

Ltd. plans to complete the project in three years.

LRS deadline extended The State government has extended the Layout Regularisation Scheme (LRS till June 30, 2012. With the deadline for LRS expriring on December 31 2011, the government decided o extend the date following several representations. Accordingly G.O. Ms. No 589 dated 31-12-2011 was issued by the government. Fresh applications will also be accepted but the cut-off date or eligibility for regularisation would be December 31, 2007. With an approximate three lakh open plots in illegal layouts Statewide, the regularisation of plots is estimated to fetch Rs. 1,000 crore to the cash-starved Hyderabad Metropolitan Devel-

Yash Birla with Kiran Kumar Reddy

opment Authority and other civic bodies. There are about two he Yash Birla Group will set up a world-class sports univer-

T

lakh unauthorised plots in HMDA limits alone. The government

sity near Hyderabad with an investment of Rs 2,000 crore.

has not been accepting fresh applications under LRS since Janu-

The university, spread across 450 acres within 100 km radius of

ary 1 this year. “In the interests of checking illegal constructions

Hyderabad, will train sportspersons from childhood. The group

and raising revenues, it is better to allow submission of fresh

signed three MoUs with the Andhra Pradesh government for total

applications under LRS,” a senior official in HMDA said.

investment of Rs 13,000 crore in three different projects, during

LRS was first introduced on January 1, 2008, to regularise open

the CII Partnership Summit 2012. Yash Birla, Chairman, Yash

plots in unauthorised layouts that were registered before Decem-

Birla Group, told reporters after signing the MoUs with Chief

ber 31, 2007. Nearly 1.3 lakh plot owners applied for regula-

Minister Kiran Kumar Reddy that Birla Education Limited would

risation of their land and the government closed the doors for

build the sports university. He said all sporting and education

submission of applications from December 31 last year

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

36

February-March 2012


News

PAG E S & S I T E S . . . company was open to taking up large projects in other cities such

Mahindra Lifespace plans housing venture in Hyderabad

as Mahindra City venture in Chennai subject to securing large chunk of land.

IT incubation centre at Vizag An IT incubation centre for research activity will be set up in Visakhapatnam and for development of soft skills the IT companies too should extend help to the government, said Union Minister of State for HRD D. Purandeswari. Speaking to members of the Rushikonda Information TechnolMs. Anita Arjundas , Managing Director and CEO of Mahindra Lifespace Developers Ltd, and Mr Rajendra Joshi , Vice-President , Sales and Marketing.

ogy Park Association (RITPA), Ms. Purandeswari said while Hyderabad was saturated Visakhapatnam was considered a good alternative but investments in IT were not flowing in here and the reasons for the same must be found out. She wanted both the

M

ahindra Lifespace Developers Ltd, the real estate and in-

industry and the government to follow up the proposals being

frastructure development arm of the diversified $14.4-bil-

made. Responding to the suggestions and requirements men-

lion Mahindra group, will make a foray into Hyderabad with the

tioned by vice-president of RITPA, O. Naresh Kumar, who also

launch of a Rs 250-crore, one-million sq.ft housing venture in

conceded that the IT industry’s problems had not been brought

the busy Kukatpally area close to the IT hub on a 10-acre site. It

to her notice, Ms. Purandeswari also promised to take up the

expects to commence work on the project shortly.

problem regarding supply of power and water to the IT parks in

Disclosing this, Anita Arjundas, Managing Director and CEO of

the city. Earlier, Mr. Naresh Kumar pointed out that only Hy-

Mahindra Lifespace Developers Ltd, said the company is also

derabad was developed as an IT hub accounting for Rs. 34,000

planning to enter the affordable housing segment in the Rs. 5

crore out of Rs. 35,000 crore worth of business in the State, while

lakh to Rs. 15 lakh category in the tier 2 cities of the country.

Visakhapatnam was doing only Rs. 1,000 crore worth business.

The company management recently approved a proposal to raise

Aside from lack of drinking water, backup power line or uninter-

up to Rs 500 crore through an issue of non-convertible deben-

rupted power supply, public transport, phone or fax facility from

tures. Part of this process is likely to be completed during the

BSNL at the three IT parks in the city, the entrepreneurs were

current financial year, according to the MD.

facing the brunt in other forms such as the government levying

Currently operating out of six major cities, the company expects

Income Tax in spite of a promise of a 15-year tax holiday or did

to have a presence across 10 major cities by next year.

not pay the incentive of Rs. 70 lakh for early investors. MLA of

“We do not get deterred by ups and downs in the real estate sec-

Bheemunipatnam M. Srinivasa Rao wanted the IT entrepreneurs

tor as this is part of the business. The downturn only slows down

to fulfil the promises made by them and the conditions laid by the

the sale process. But we never halted work on any project during

government when land was allotted to them.

the slowdown period,” she said.Ms Anita Arjundas said 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

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February-March 2012


Projects

R E A L E S TAT E O N O F F E R APARNA CONSTRUCTIONS

Project Name

: Aparna Kanopy Tulip

PROJECT 1

Location

: Gundlapochampally, Kompally

Project Name

: Aparna Kanopy Lotus

Property Type

: 2 & 3BHK Independent Flats

Location

: Kompally, Medchal Highway

Built-up Area

: 930sft – 1495sft

Property Type

: 3BHK Independent Villas

Contact Number

: 040 23352708 / 09 / 10

Unit Sizes

: 160 – 200 Sq. Yards

Email Id

: info@aparnaconstructions.com

Contact Number

: 040 23352708 / 09 / 10

Email Id

: info@aparnaconstructions.com

sales@aparnaconstructions.com Web site

: www.aparnaconstructions.com

sales@aparnaconstructions.com Web site

ARK BUILDERS

: www.aparnaconstructions.com

PROJECT 2

Property Type

: Residential Apartment

Location

: Beside MMTS Railway

Project Name

: Aparna Hillpark Avenues

Location

: Chandanagar, Miyapur

Property Type

: 2 & 3BHK Apartments

Bedroom

: 2/3 BHK

Built-up Area

: 1150sft – 1670sft

Area Range

: 1075 Sft. to 1510 Sft.

Contact Number

: 040 23352708 / 09 / 10

Price Starting From : Price: 1799/- Per Sft.

Email Id

: info@aparnaconstructions.com

Possession

: Ready To Move In

Contact

: 9000132223 / 9000142224

Station, Bolarum

sales@aparnaconstructions.com Web site

: www.aparnaconstructions.com

ARMSBURG PROPERTIES PVT LTD

PROJECT 3 Project Name

: Aparna Hillpark Boulevard

Property Type

: Residential Apartments

Location

: Chandanagar, Miyapur

Location

: Bowenpally

Property Type

: Super Luxury Villas

Area Range

: 822 Sft & 1941 Sft

Unit Sizes

: 266 – 315 Sq. Yards

Bedroom

: 2 & 3 BHK

Contact Number

: 040 23352708 / 09 / 10

Price Starting From : Rs.1999/- Per Sft

Email Id

: info@aparnaconstructions.com

Possession

: December 2011

Contact

: 99484-33177 / 99519-11044

sales@aparnaconstructions.com Web site

: www.aparnaconstructions.com

BALAJI HOMES Property Type

PROJECT 4

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: Independent houses and

February-March 2012


Projects Project Name

: N 95 Nandagiri Hills

Location

: Jubilee Hills

Nr L.B.Nagar

Property Type

: 3 & 4 BHK Apartments

(Sagar Highway).

Built-up Area

: 870sft – 4016sft

Duplex villas Location

: Beside Flytech Aviation -

Area Range

: 150 Sq.Yds to 400 Sq.Yds

Contact Number

: 9441115599, 40068899

Bedroom

: 2, 3 & 4 BHK

Email Id

: info@choiceinfra.com

Web site

: www.choiceinfra.com

Price Starting From : Independent House Starts from 22Lakhs onwards. Duplex villa Starts from 32

PROJECT 4

Lacs

Onwards.

Project Name

: N 63 Nandagiri Hills

Possession

: 1 Yr from date of Booking

Location

: Hitec City

Contact

: 9848979333

Property Type

: 3 & 4 BHK Apartments

Contact Number

: 9441115599, 40068899

CHOICE INFRASTRUCTURE PVT LTD

Email Id

: info@choiceinfra.com

PROJECT 1

Web site

: www.choiceinfra.com

Project Name

: Guru’s Choice Residency

Location

: East Marredpally

DIVYA SREE SHAKTI

Property Type

: 2 & 3 BHK Independent Flat

Property Type

: Residential Apartment

Built-up Area

: 1126sft – 1414sft

Location

: Miyapur

Contact Number

: 9441115599, 40068899

Area Range

: 1170 -1940 sft

Email Id

: info@choiceinfra.com

Bedroom

: 2 & 3 BHK

Web site

: www.choiceinfra.com

Price Starting From : 33 lakhs

PROJECT 2

Possession

: May 2012

Contact

: 040-39391516 / 9347391516

Project Name

: 216-K Kavuri Hills

Location

: Kavuri Hills

Property Type

: 3 BHK Apartments

DSL INFRASTRUCTURE & SPACE DEVELOPERS PVT LTD

Contact Number

: 9441115599, 40068899

PROJECT 1

Email Id

: info@choiceinfra.com

Project Name

: Fortune Villas

Web site

: www.choiceinfra.com

Location

: Mahendra Hills, East Marredpally

Property Type

PROJECT 3

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

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: 3 BHK & 4 BHK

February-March 2012


Projects Contact

Independent Villas

: +91 90000 09123

Built-up Area

: 1752sft – 3151sft

Contact Number

: 86867 77111 / 2343 5125

INDU ARANYA

Email Id

: sales@dslinfra.com

Property Type

: Residential Apartment

Web site

: www.dslinfra.com

Location

: Nagole, Hyderabad

Area Range

: Apartment: 1155 SFT to 1700

PROJECT 2 Project Name

: Fortune Apartments

Location

: Mahendra Hills,

SFT

East Marredpally

Villa

: 200 Sq Yds to 260 Sq Yds

Bedroom

: 2 and 3 BHK

Property Type

: 1 BHK & 2 BHK Apartments

Price Starting From : Available on request

Built-up Area

: 620sft – 1035sft

Possession

: March, 2011

Contact Number

: 86867 77111 / 2343 5125

Contact

: +91-9985211892

Email Id

: sales@dslinfra.com

Web site

: www.dslinfra.com

JANAPRIYA ENGINEERS SYNDICATE PROJECT 1

FRESH LIVING APARTMENTS

Project Name

: Janapriya Metropolis

Property Type

: Residential Apartments

Location

: Motinagar, Ameerpet

Location

: Madhapur

Property Type

: 2 & 3BHK Apartments

Area Range

: 1631 SFT to 2959 SFT

Built-up Area

: 625sft – 1460sft

Bedroom

: 3 BHK

Completion By

: 3 Months

Price Starting From : 3800*/SFT

Contact Number

: 23222999 / 666 / 333

Possession

Email Id

: sales@janapriya.com

Web site

: www.janapriya.com

: A Block - Sep 2012, B Block Mar 2012, E Block - Mar 2013

Contact

: 9948280000 / 23118882 / PROJECT 2

9992

GK DEVELOPERS

Project Name

: Janapriya Nite Valley

Property Type

: Residential Apartment

Location

: Madinaguda

Location

: Sainikpuri

Property Type

: 2 & 3BHK Apartments

Area Range

: 1053 SFT - 1580 SFT

Built-up Area

: 940sft – 1590sft

Bedroom

: 2 BHK,2.5 BHK & 3 BHK

Completion By

: 3 Months

Price Starting From : On Request

Contact Number

: 23222999 / 666 / 333

Possession

Email Id

: sales@janapriya.com

: Work in progress

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February-March 2012


Projects Web site

: www.janapriya.com PROJECT 6

PROJECT 3

Project Name

: Janapriya Grandeur

Project Name

: Janapriya Utopia

Location

: Himayathnagar

Location

: Attapur

Property Type

: 3BHK Apartments

Property Type

: 2 & 3BHK Apartments

Built-up Area

: 1900sft – 2300sft

Built-up Area

: 1335sft – 1490sft

Completion By

: 12 Months

Present Stage

: Ready to occupy

Contact Number

: 23222999 / 666 / 333

Contact Number

: 23222999 / 666 / 333

Email Id

: sales@janapriya.com

Email Id

: sales@janapriya.com

Web site

: www.janapriya.com

Web site

: www.janapriya.com PROJECT 7

PROJECT 4

Project Name

: Janapriya Silver Crest

Project Name

: Janapriya Lakefront

Location

: Sainikpuri

Location

: Sanikpuri

Property Type

: 3BHk Independent Villas

Property Type

: 2 & 3BHK Apartments

Unit Sizes

: 110 – 175 Sq. Yards

Built-up Area

: 810sft – 1200sft

Built-up Area

: 1460sft – 1710sft

Completion By

: 2 Months

Completion By

: 15 Months

Contact Number

: 23222999 / 666 / 333

Contact Number

: 23222999 / 666 / 333

Email Id

: sales@janapriya.com

Email Id

: sales@janapriya.com

Web site

: www.janapriya.com

Web site

: www.janapriya.com

Project Name

: Janapriya Arcadia

KRUPA GROUP BUILDERS & DEVELOPERS

Location

: Kowkur, Alwal

Property Type

: Residential Apartments

Property Type

: 2 & 3BHK Apartments

Location

: Kompally

Built-up Area

: 925sft – 1460sft

Area Range

: 1260 Sft & 1480 Sft.

Present Stage

: Ready to occupy

Bedroom

: 3 BHK

Contact Number

: 23222999 / 666 / 333

Price Starting From : Call for Price

Email Id

: sales@janapriya.com

Possession

: Block Rose by January 2012

Web site

: www.janapriya.com

Contact

: 9440846944 / 09920210430

PROJECT 5

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February-March 2012


Projects

LUXOR HEIGHTS

Location

: Near Alwal, Kowkur

Bedroom

: 2&3 BHK : 1200 Sft - 1665 Sft

Property Type

: Residential Apartment

Area Range

Location

: Miyapur

Price Starting From : 25.84 Lakhs

Area Range

: 1480-1830 sft

Semi-deluxe Apartment: Rs.1999/- per sft

Bedroom

: 3 BHK

Deluxe Apartment : Rs. 2,099/- per sft

Price Starting From : 2500/sft

Possession

: December 2011

Possession

: Ready to occupy

Contact

: 09246348823

Contact

: 9502950151 / 8978765192

MODI PROPERTIES MANJEERA CONSTRUCTIONS

PROJECT 1

Property Type

: Residential Apartment

Project Name

: Greenwood Residency

Location

: Gachibowli

Location

: Kowkur, Near Bollarum

Area Range

: 911 - 1779 sq.ft.

Property Type

: 2BHK & 3BHK Independent

Bedroom

: 2 & 3 BHK

Flats

Price Starting From : Rs.2699 per sft

Built-up Area

: 1100sft – 1665sft

Possession

: Ready To Occupy

Present Stage

: Ready for possession

Contact

: +91 99661 76617

Contact Number

: 9290970056 / 66335551 / 39101958

MODI BUILDERS Property Type

: Deluxe Luxury Flats

Location

: Near Gajularamaram, Near

Email Id

: madhavi@modiproperties.com

Web site

: www.modiproperties.com

PROJECT 2

Kukatpally Area Range

: 966 Sft. to 1933 Sft.

Project Name

: Nilgiri Homes

Bedroom

: 2 & 3 BHK

Location

: Keesara, Rampally

Price Range

: Rs.2075/- Per Sft to

Property Type

: 3 BHK Duplex Villas

Unit Sizes

: 117 – 240 Sq. Yards

Rs.2175/- Per Sft Possession

: Ready to occupy

Built-up Area

: 1461sft – 1946sft

Contact

: 9246262728

Present Stage

: Ready for Possession

Contact Number

: 9989818695 / 66335551 /

MODI PROPERTIES Property Type

39101958 Email Id

: Residential Apartments

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

42

: naveena@modiproperties.com

February-March 2012


Projects Web site

Contact Number

: www.modiproperties.com

: 9052904937 / 66335551 / 39101958

PROJECT 3

Email Id

: rajkumar@modiproperties.com

Web site

: www.modiproperties.com

Project Name

: Silver Oak Bungalows - Phase I

Location

: Cherlapally

Property Type

: 3 BHK Luxury Bungalows

PROJECT 6

Unit Sizes

: 175 – 450 Sq. Yards

Project Name

: Bloomdale

Present Stage

: Ready for Possession

Location

: Shamirpet

Contact Number

: 9052904937 / 66335551 /

Property Type

: 3BHK Duplex Bungalows

39101958

Unit Sizes

: 166 – 307 Sq. Yards

Email Id

:rajkumar@modiproperties.com

Built-up Area

: 1605sft – 1928sft

Web site

: www.modiproperties.com

Present Stage

: Ready for Occupation

Contact Number

: 9666848606 / 66335551 / 39101958

PROJECT 4 Project Name Location Property Type Unit Sizes

: Silver Oak Bungalows – Phase II :Cherlapally

Email Id

: renuka@modiproperties.com

Web site

: www.modiproperties.com

: 3BHK & 4BHK Luxury Bungalows

PROJECT 7

:200 – 411 Sq. Yards

Project Name

: Mayflower Heights

Built-up Area

: 1503sft – 3000sft

Location

: Nacharam, Hyderabad

Present Stage

: Ready for Possession

Property Type

: 2BHK & 3BHK Flats

Contact Number

: 9052904937 / 66335551 /

Built-up Area

: 1060sft – 1750sft

Present Stage

: Ready for Possession

Contact Number

: 9396342437 / 66335551 /

39101958 Email Id

: rajkumar@modiproperties.com

Web site

: www.modiproperties.com

39101958

PROJECT 5

Email Id

: hamsa@modiproperties.com

Web site

: www.modiproperties.com

Project Name

: Silver Oak Bungalows Phase - III

Location

: Cherlapally

PROJECT 8

Property Type

: 3BHK Duplex Bungalows

Project Name

: Paramount Residency

Unit Sizes

: 174 – 455 Sq. Yards

Location

: Nagaram

Present Stage

: Ready for Possession

Property Type

: 1, 2 & 3BHK Flats

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

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February-March 2012


Projects Built-up Area

: 515sft – 1600sft

Present Stage

: Ready for Possession

NAVYA CONSTRUCTIONS

Contact Number

: 9010420776 / 66335551 /

Property Type

: Independent Houses Independent Villas

39101958 Email Id

: info@modiproperties.com

Web site

:www.modiproperties.com

Location

: Beeramguda, Near BHEL, Hyderabad

Area Range

: 133 to 200 Sq.yards

Price Starting From : Available on Request PROJECT 9

Possession

: Immediately

Contact

: 91777 07112 / 91777 07113

Project Name

: Gulmohar Gardens

Location

: Mallapur, Near Habsiguda

Property Type

: 2 & 3BHK Flats

PRAJAPATI DEVELOPERS

Built-up Area

: 1040sft – 1525sft

PROJECT 1

Present Stage

: Ready for Possession

Project Name

: Prajapati Elite

Contact Number

: 9492427519

Location

: Nizampet Road, Hyderabad

Email Id

:rani@modiproperties.com

Property Type

: 2 & 3 BHK Independent Flats

Web site

:www.modiproperties.com

Built-up Area

: 1105sft – 1510sft

Contact Number

: 64559398 / 92465 36792

NATURE AVENUES PVT LTD

Email Id

: prajapatigroup@gmail.com

Property Type

: Residential Plots

Web site

: www.prajapatigroup.com

Location

: Bhongir

Plot Area Range

: 200 Sq.Yds to 1000 Syds

RNS DREAM HOMES

Price Starting From : Rs.1,17,000/- onwards

Property Type

: Independent houses / Villas

Contact

Location

: Near Habsiguda, Boduppal

Area Range

: 150 Sq.Yds to 1000 Syds

Built up area

: 1600 Sft. To 3000 Sft. : 3 BHK

: 9849090080 / 9347299900

N R I HOMES Property Type

: Independent House/ Villa

Bedroom

Location

: Beeramguda

Price Starting From : Rs.36 Lakhs onwards

Area Range

: 117 Sq.yds & 150 Sq.yds

Possession

: 6 Months

Bedroom

: 2 BHK

Contact

: 8801388237

Price Starting From : Available on request Possession

: Ready to occupy

SRI SRI GRUHA NIRMAAN INDIA PVT LTD

Contact

: 9346822143

PROJECT 1

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February-March 2012


Projects Project Name

: Sri Sri Antahpuram

Bedrooms

: Studio/1/2/3 BHK

Location

: Sagar Road

Price

: Rs. 15 Lakhs Onw. (Pranaam)

Property Type

: 4 BHK Luxury Duplex Villas

Unit Sizes

: 120 – 150 Sq. Yards

Possession

: Ready to Occupy

Contact Number

: 04024069596

Contact

: 7893371499

Email Id

: srisrihomes@gmail.com

Web site

: www.srisrigruhanirmaan.com

Rs. 35 Lakhs Onw. (Sriyam)

SAI AKSHAY CONSTRUCTIONS

PROJECT 2

Property Type

: Residential Apartment

Project Name

: Sri Sri Avenues

Location

: Alwal

Location

: Gurramguda Village, Sagar

Area Range

: 890 Sft to 1409 Sft.

Bedroom

: 2 / 3 BHK

Highway Property Type

: 2 & 3BHK Independent Houses

Price Starting From : Rs.2047000/-* Onwards

Built-up Area

: 600sft – 900sft

Possession

: September 2012

Contact Number

: 04024069596

Contact

: 9885779768

Email Id

: srisrihomes@gmail.com

Web site

: www.srisrigruhanirmaan.com

SRI SAI BALAJI CONSTRUCTIONS Property Type

: Residential Apartment

RISHI SAI RAM PROJECTS PVT LTD

Location

: Jeedimetla

PROJECT 1

Plot Area Range

: 929 Sq. ft to 1270 Sq. ft : 2 BHK & 3BHK

Project Name

: 4 Square Elegant

Bedroom

Location

: Madinaguda, Miyapur

Price Starting From

Property Type

: 2 & 3BHK Independent Flats

Possession

: Ready to occupy

Built-up Area

: 1250sft – 1630sft

Contact

: 9849253762,9849789446

Contact Number

: 04065197899

Web site

: www.rsrppl.com

: Available on request

THEME AMBIENCE CONSTRUCTIONS PVT LTD PROJECT 1

SAKET ENGINEERS PVT LTD

Project Name

: Golf View

Property Type

: Residential Apartment

Location

: Nanakramguda

Location

: Saket, Near A.S. Rao Nagar,

Property Type

: 2 BHK & 3 BHK

Hyderabad Area Range

Independent Flats : 454 -1686 sq. ft. (Pranam) 1241 - 2194 sq. ft.(Sriyam)

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

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Built-up Area

: 1085sft – 2030sft

Completion by

: 2012 End

February-March 2012


Projects Contact Number

: 9348521652, 9391050852

Project Name

: Vertex Prime

Email Id

: themeambience@gmail.com

Location

: Nizampet Road, Kukatpally

Web site

: www.themeambience.com

Property Type

: 2 & 3 BHK Independent Flats

Built-up Area

: 1140sft – 1470sft

PROJECT 2 Project Name

: Fort View

Contact Number

: 9396844261, 23056090

Location

: Hydersha Kote, Langar House

Email Id

: info@vertexhomes.com

Property Type

: 2 BHK & 3BHK Independent

Web site

: www.vertexprime.in

Flats

PROJECT 2

Built-up Area

: 960sft – 1480sft

Project Name

: Vertex Lake View

Contact Number

: 9348521652, 9391050852

Location

: Nizampet Road, Kukatpally

Email Id

: themeambience@gmail.com

Property Type

: 4 BHK Independent Villas

Web site

: www.themeambience.com

Unit Sizes

: 230 – 383 Sq. Yards

Contact Number

: 23050942, 23056090

PROJECT 3 Project Name

: Lake View

Email Id

: info@vertexhomes.com

Location

: Old Bombay Highway Road,

Web site

: www.vertexhomes.com

Tolichowki

PROJECT 3

Property Type

: 3 BHK Independent Villas

Project Name

: Vertex Sadguru Krupa

Unit Sizes

: 278 – 369 Sq. Yards

Location

: Nizampet Road, Kukatpally

Contact Number

: 9348521652, 9391050852

Property Type

: 3 BHK Independent Flats

Email Id

: themeambience@gmail.com

Built-up Area

: 1359sft – 1442sft

Web site

:www.themeambience.com

Contact Number

: 23050942, 23056090

Email Id

: info@vertexhomes.com : www.vertexhomes.com

VASATHI HOUSING Property Type

: Residential Apartments

Web site

Location

: APPA Junction on ORR

PROJECT 4

Bedroom

: Studio / 1BHK /2BHK /

Project Name

: Vertex Pleasant

2BHK+Study / 3BHK

Location

: Nizampet Road, Kukatpally

: 507 sft to 1355 sft

Property Type

: 2 & 3 BHK Independent Flats

Price Starting From : Rs.13.5 Lakhs to Rs.32 Lakhs

Built-up Area

: 1008sft – 1499sft

Possession

: March 2013

Contact Number

: 23050942, 23056090

Contact

: 8008688788

Email Id

: info@vertexhomes.com

Web site

: www.vertexhomes.com

Area Range

VERTEX HOMES PVT LTD PROJECT 1

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February-March 2012


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February-March 2012


Apreda Horizon Feb - March 2012