April-2013 Estate Bulletin by Real Estate Bulletin

EDITORIAL

SYED AHSAN

A New Beginning

HONORARY EDITOR & CHAIRMAN

S. TARUJ EDITOR – IN – CHIEF

AMBIKA BURMAN CHIEF EXECUTIVE OFFICER EDITORIAL N. SARATH - Associate Editor SUJOY GUHA - Incharge Editor I. BHANU SRI - Content Editor

DESIGN DERANGULA RAJU - Graphic Designer T.K. MURALEEDHARAN - Web Designer P.S. VASHISHTA - Concept Designer

A.Z. AMSTAR MEDIA PVT. LTD ADMN. Off: #3-6-278, 1st Floor, 103B & 104B, Thomas Prabhu Reliance Complex, Himayathnagar, Hyderabad-29 Ph : 040 - 31000815, 90106 83802 E-Mail:-info@amstar.cc, URL :- www.estatebulletin.in Edited & Published by Sri Syed Taruj Ahmed and Printed by Syed Taruj Ahmed at M/s Manoj Printers 3-2-342, Chappal Bazar, Kachiguda, Hyderabad-27 and Published at 3-5-213, Himayath Nagar, Hyderabad - 29.

Online Edition estatebulletin.in

As the year changed many modifications have taken place in the timeline of Real Estate sector. The pride of Andhra Pradesh Builder's Community, Mr. C. Shekar Reddy has been unanimously elected as the National President of the Confederation of Real Estate Developers Associations of India(CREDAI).This year budget is satisfactory to some segments of the sector only. We welcome Real Estate Regulation Bill and all the parts of the bill are provided in our previous issues of the magazine. In this month issue we discussed about the Land Acquisition Bill. We also appreciated the Union Government decision in introducing the Right to Homestead Bill. This act should be promulgated immediately and proper implementation should be done, instead of making it just a poll gimmick. Real Estate Bulletin is always enthusiastic in bringing new reforms in the housing and construction industry. With this passion to put an end to the problems of property buyers, we have recently activated “Property Buyers Grievances Forum” where the regrets of the customers can be registered online. This will expose the deeds of fraudulent builders so that the public can be aware of them. The forum is our initiative in cleaning the image of the Real Estate builders in the mindset of common people. This month cover story reveals how we are making a difference in the industry with this forum. Dear readers, come join us in the revolution to clean the system. Follow us in all the social networking sites for more updates. Together we can do miracles. This is a new beginning for a better living. S.Taruj Editor-in Chief

All care and due diligence have been carried out with regard to authenticity of information and correctness of language and if any information or language does not appear to be correct, it may be construed as a human error by the pure sight of overlook and not intentional. The opinions expressed in various article do not necessarily reflect the views or policy of the Publishers or the Editor and individual authors and contributors are responsible for their views. Writers, Columnists and Critics, Professional or amateur may sent their write-ups suitable for Publication. The Editor reserves the right to publish or reject it altogether without assigning any reason whatsoever. Moreover the publisher does not assume responsibility for unsolicited manuscripts.

CONTENTS April-2013

Volume-XXI

Issue-9

Let,s Cleam the Image

Cover story

Interview: Mr Jaiveer Reddy

Focus

Report Card of Property Shows

Report Card

Budget Impact on Real Estate

Special Report

Change of Guard for APREDA

Special Report

Science of Vaastu

Beliefs

Right to Homestead Bill

Legislation

Negligence Kills

Safety Gyan

Harnessing Solar Energy For Electricity

Environment

Picking an architect

Building Technicals

Real Estate: For the People

Legislation

Mega Property & Home Style Expo

Brochure

All India Stamp Duty Ready Reckoner

Legal Gyan

Metro Rails The life line of Bengaluru City

Bengaluru report

Vizag- An ideal destination for investors

Vizag report

News

AP Apartment Act

Law

R E G U L A R S

NEW CONSTRUCTION PROJECTS

LAND RATES

CURRENT MARKET RATES

SERVICE GUIDE

PRODUCTS GUIDE

E M O E H C A M L A P E R K D R WO U O Y AT

UR O Y N

r ove

E N O O

N O C

T C NE

cup

fe f o fc

E M M

O R P

A R G

Together we can do miracles. A new beginning for a better living. Our home is an integral part of our life, an edifice where our dreams are nurtured, our family is raised, our aspirations are fulfilled while shielding us from various calamities of nature. The home is not only a structure made of concrete and steel but also, we have a deep emotional bonding with it, and that is why it becomes our most cherished desire to own a home. The housing industry plays a vital role in building the nation and has been the major contributor to our GDP. The builders and developers are the pillars of this industry, their integrity, commitment and technical prudence are of paramount importance to the overall development and transparency of the realty sector. Being such a vital sector the governing laws seems to be very feeble and lenient and in most cases very obscure, the code of conduct is not clearly defined which gives room for fraudulent builders and developers for foul play and often lead to unfair practices where the common home buyer face the brunt of their atrocious mischief's. The builders and developers exploits the loop holes meticulously to their advantage as there are very limited provisions to book them under any governing acts such as “organized crime act” or “Investment protection act” and gets away scout free. Have we ever thought that for all sort of financial dealings in our country, be a loan deal or a chitfund, there are very stringent laws which protect the customers from any frauds and misdoings, but for any real estate deals which involves huge sums of money, such stringent laws does not hold good and instead very vague and lenient laws are applicable. Such double standards of the law makers should be seriously questioned and the

legislative authorities should take a note of this hue and cry situation and bring the entire builders and building industry into the ambit of various acts in order to nail the mischievous and fraudulent builders. A very thorough cleaning of the existing system is the need of the hour, we should scrap the old rules and implement very tough rules and regulations in the larger interest of the people.

The builders and developers exploits the loop holes meticulously to their advantage as there are very limited provisions to book them under any governing acts such as “organized crime act” or “Investment protection act” and gets away scout free. The Modulus Operandi adopted by the Builders & Developers Land Encroachment and delayed deliveries Rouge developers acquire land by unscrupulous ways and in most of the time by heinous land encroachment means. The authenticity of such land deal between the builder and the so called owner of the land is severely underrated and obscure, more than often, these filthy developers procure land which belongs to the public (Lakes, nalas, schools, grave yards, etc.)Which are under the jurisdiction of Mandals & panchyats supervision, by means of land grabbing or by duly bribing the civic authorities, they manage to get hold of the disputed land. Without proper permission or necessary clearances from various departments, which generally takes its own sweet time, the builders start the project only to cheat the innocent property buyers. April 2013 I Twin Cities REAL ESTATE BULLETIN I 07

COVER STORY Having acquired the land, the developer face lifts the area by plotting cases even foreclosure of the existing projects are made midway, it into various segments and starts to advertize in media spending duping the property buyers altogether. Notorious groups and their large sums of money. The builder announces a flurry of development money seem to ruling the housing industry in India with no activities pertaining to the land which generally includes wide roads regulations in place to check their activities tarnishing the building between the plots, sewage facilities, industry image. Today every single person is afraid of the builder underground drainage facilities, drinking lobby as they employ goons to battle-out their customers and water piping layouts, club house, respected organizations and MNC's do not allow the builders and swimming pool facilities, elaborate developers to showcase their projects in their premises as they belief street lighting to name a few, but the that their conduct and reputation has fallen to a new low. Rowdism fact of the matter is that none of the facilities come into light in reality A forceful deed of land procurement is the contentious issue of largeand those tall order promises are scale land acquisitions required for larger projects and for developing nothing but a bundle of lies. The gated colonies. Mainly agricultural land and domestic lands are innocent customer falls in the pray after forcibly acquire from the farmers and tribal peoples and are hand it been perplexed by the glittering over to realtors. For this unethical and rouge acts goons and local law brochures and ad- campaigns, breakers are hired. Before the land owners realize that there land has which is been repeatedly featured been trenched they are left in lurch. Struggling farmer's pleas to the in various media and property exhibitions and gets compel to local administrative bodies for help are neglected. The real deal starts commit the biggest mistake of their life, investing their hard earned from grass root level. Taking full advantage of the scenario the land money in such fictitious projects. The builders on other hand make a grabbers bribe local MLA's or MP's and sarpanch's. Such land deals killing out of the plot buyers and pocket a windfall profit in the deal. are rarely transparent, so information about them is limited. Disputes After the customer make their first down payment followed by series between the homebuyers and builders involve extreme violence of installments, the developer then gets a handle, on the scheme of involving illegal means to settle them. Innocents unaware of the things which they already charted out and quite often delay the danger they are in, immediately they steer to their local official to progress of the land development and in some cases completely resolve the issues. This agitation postulates use of rowdies, hellions backs out of the project, without even intimating the plot buyers, all and rough and uncouth ways of agreements. These activities also their promises falls flat on the face and the malicious intent of the result in blood shedding. Unfortunately these unethical ways is developer is voraciously exposed. The plot buyers by then are in the supported by the authorities, political and government associates. cusp of the builder's grievous intentions to abandon the project. Also, Various mafia gangs are employed by the ruthless builders to often the plot buyers come to know about the misdeeds of the evacuate the land or plot and in many cases the residential flats are developers quite late, generally during the registration of the snatched from the owners in case of any disputes, which could have property and gets a shock of his life, when he learns that been otherwise settled in the courts. The property is kept as mortgage to a third party by We at REB believe that the laws governing the real Rouge developers the developer and the title clearance exercise has not estate business should be well articulated and acquire land by been performed deliberately and before he gets a legislated in a very stringent manner leaving no unscrupulous ways and room for the builders and developers to do any whiff and realize the intentions of the builder, by then, in most of the time by he would have made substantial payment to the misdeed and harass the property buyers in any ways fraudulent company and have got nothing to do much also various law acts should be reinforced to protect heinous land about it accept to plead and adjure to the developer to the customers interests both financially and encroachment means. pay back the invested amount or to develop the ethically. We believe that acts such as “organized The authenticity of such crime act” or “Investment protection act” should be plotted land as it was promised. The property buyers land deal between the are in a horrendous state of mind and in a most amended to incorporate the builder and developers confusing state as they cannot sell the plot which they builder and the so called menaces and their misdeeds should be severely have purchased as it is not registered in their name dealt with. Various grievances cell should be made owner of the land is neither could they construct the house and stay as the operational in order to address the property buyer's severely underrated and complaints. We at our end had taken a prudent step place is barren with no basic infrastructure in place. obscure forward in that direction and launched a new section Money Laundering To construct ambitious housing projects and gated communities “Property buyers grievances forum” in our web portal huge sum of money are required by the builders. The financial www.estatebulletin.in and the updates to be found at all networking sustainability of those projects are often under question and the sites. We the people, are very optimistic of the fact that sooner or later builder needs funds all the time during the tenure of the project for the governing authorities will take a note of this grave state of affairs which loans from banks and financial institutions are not adequate to and legislate stricter laws which will protect our fellow citizens and meet the ever increasing expenses which compel the builders and clean the contaminated system. developers to infuse funds from illegal entities often from underground hardcore criminals from various countries. The induction of the dirty money poses a huge risk to the pace of the development of the project also the builder obliges the fraudulent creditors to interfere in the administrative activities of the company and the discipline and the code of conduct of the organization is at stake. The builders generally evades the income tax and other levies and do not want to expose themselves to the government authorities. The illegal entities dictates the terms of the business and in many 08 I Twin Cities REAL ESTATE BULLETIN I 2013 April

REB Exclusive

Interview: Mr Jaiveer Reddy Real Estate Bulletin team met Mr Jaiveer Reddy, the Chairman of CREDAI Hyderabad Chapter, the Vice President of CREDAI AP Chapter and the Managing Director of Ashoka Builders, in his corporate office on the fourth floor of the Ashoka Capitol. Mr. N. Jaiveer Reddy is a graduate in civil engineer from JNTU started his business career from 1974. He is the founder Director of Ashoka Developers and Builders Ltd. His first major construction was Ashoka Chambers at Adarsh Nagar and Ashoka Plaza at Masab Tank. Soon his venture at SP Road called Ashoka Bhoopal Chambers brought him into the limelight. It was followed by Ashoka My Home Chambers. He is the Vice President of CREDAI AP Chapter which represents the issues at various forms and with government authorities. He is dynamic and with good exposure in core construction activity with more than 30 years of experience in Real Estate field, he guides the team of Cybercity Builders and Developers as Director and he is the one of the founder Director of Cybercity. Both Ashoka and Cybercity are richly benefitting through his matured and critical analysis of issues. He is awarded as the most preferred builder in overall South in 'HAMARA GHAR' brand from Smart Living Awards the first ever award that recognized the best Indian brands in housing & household (products & services) domain conducted by Times Innovative Media Pvt. Ltd. In this exclusive interview, he discussed more about his achievements as a builder, his suggestions to the government as member of CREDAI and his plans for the society as a well-wisher of all. Let us know the agenda of CREDAI The main agenda of CREDAI is to maintain the housing industry with code of conduct to pursue the problem in state level and city level. The problems will be dealt based on the emergency of the case either with concerned department or ministry, if it is so important even with Chief Minister. You are one of the founder members of CREDAIAP Chapter and the Vice-President of it for the last 13 years. Please share your experience Earlier there was Builder'sForum. 13 years ago we made a separate unit of Builders Association and legalized it on a national level to form CREDAI. But builders association still exists. CREDAI is growing in much pace from 11 members to 26 members,now in this year it has 135 members and 50 more are yet to join at the end of the year. Eligibility norms to be a member of CREDAI The member should be registered with GHMC and must be an engineering graduate. He must have constructed at least 2 to 3 building complexes. He must act according to the code of conduct formed under CREDAI norms and regulations. You are head of Stall Business Committee of CREDAI. Your role in organizing the property show We have successfully installed 150 stalls from district level to city level. 50 stallsare from districts and 100 stalls from the city. We have advertised the show for about 1 month. It was a huge success where nd rd th more than 60000 thousand people visited the venue on 2 , 3 , 4 November 2012. It was inaugurated by our chief minister Mr. N.Kiran Kumar Reddy on the first day of the event. Let us know about the ventures of Ashoka Builders and the promises you deliver Ashoka Builders and Cybercity Builders deliver more than 1000 flats every year, where all over the city builders are building around

30000 flats per annum. We believe that every builder should follow the norms set by the government. The GO No 45 made it mandatory to reserve 20% of housing projects for EWS (Economically Weaker Sections) and LIG (Low Income Group) Housing in layouts above 4,000 sqmetres as per norms stipulated under the Jawaharlal Nehru National Renewal Mission (JNNURM). We have successful completed 30 projects, among which 15 are residential projects and 15 are commercial projects. The present one that we are working on is a residential villaproject. We have constructed 175 villas in Kompally and delivered. Ashoka Builders received an award, please elaborate on that Yes we have received an award as â&#x20AC;&#x153;the most preferable builders of southern regionâ&#x20AC;? named HUMARA GHAR, which was collected from Delhi in 2006. What are the challenges of today's building industry? Challenges of building industry is to construct affordable houses and mid segment houses. When comparedto other metro cities, Hyderabad villas' prices are much lower giving the same comfort. Quality and in time delivery are the two major constraints in building industry. CREDAI efforts in bringing affordable housing If government has sanctioned us land and labour prices it will be easy for us to complete the project and sell them at amuch cheaper rate. Relating to such construction the government should also respond to the clearance, sanctionand budget fixation for EWS and LIG projects. The term 'Affordable' definition is very narrow to describe as it depend on different set and different categories of the families. For some 40 lakhs worth house is affordable, for some 4 lakhs worth house is affordable. CREDAI works on all the EWS and LIG housing to much comfortable and affordable pricing. How successful is CREDAI in bringing the reforms in real estate? CREDAI is trying its every bit to bring the reform by interacting with the parliament members. The national CREDAI team is working out for the reforms by suggesting the board of Planning Commission. How many other executive members of CREDAI are representing from AP, particularly from Hyderabad? One General Council memberMr G. Yoganand(Hyderabad Chapter's president) andone Vice President Mr. C. Shekar Reddy, who is unanimously elected as National President of CREDAI in New Delhi th on 30 March, 2013. How do you co-ordinate with various CREDAI bodies? We co-ordinate through online, apart from that we do conduct regular meetings. They could be weekly or monthly, with in the body attended by executives of CREDAI from different chapters. What is your opinion about Single Window Clearance? Are you going to put forward this concern to the Delhi authorities? Single Window Clearance has not been channelized much, but our chief minister MrN.kiran Kumar Reddy has promised a website for online sanctions. The work is in progress by the concerned officers. Is the budget 2013 helpful to Real Estate sector according to you? 2013 budget is discouraging the builders as well as the purchasers. As the government has increased all the prices and other charges related to this sector, it does not help to any segment of the Real Estate. April 2013 I Twin Cities REAL ESTATE BULLETIN I 09

REPORT CARD

One of the leading daily newspaper of A.P., Sakshi has organized a property show at Shilpa Kala Vedika situated at hitech city, Hyderabad on 2nd and 3rd March 2013. Many respected builders and developers had participated in this property show. Sakshi is one of the most read Telugu newspaper in the state which is regularly organizing such property shows and many advertisements from reputed developers and builders which regularly appears in the newspaper. After a brief function and a formal inaugural speech by Mr. Y. Eshwar Prasad Reddy, the finance director of Sakshi Group and Mr. Krishnababu GHMC Commissioner the property show was opened to the visitors. There were many exhibitors showcasing their forthcoming projects covering the entire floor. Spot sanctions for govt. Employees and MNC / IT executives were also done. The lead sponsorer of this show was M/s.Aparna constructions. Some of the participants were Vertex, Axis Bank, Manjeera Constructions, Janapriya Engineers Syndicate, NCC Urban, Ramky Group, SMR Holdings, Safeway Infra, Cyber city Builders and Developers Pvt Ltd., Green Home, Fortune Butterfly city, State bank of India, Stanta Sriram Projects, Building Blocks, Rishi Jaideep Estates, BRC Infra, Aditya Developers, Sattva Developers and Pragati Resorts. The property show was very well advertised in the news paper as well as in television. Sakshi TV which was the media partner to the show repeatedly telecasted the advertisement, also hand bills were circulated. Initially for few hours the venue looked deserted with very few visitors but later in the evening the foot falls increased and visitors queue to the stalls to enquire about the various schemes and projects. On the following day, been Sunday, right from the beginning of the day there were many visitors flooding the venue. Later during the day foot falls considerably increased and in the evening the venue was buzzing with activities. The property show progressed to its logical conclusion very smoothly without any glitches. The Sakshi property show 2013 got a warm response from the visitors, however the residents of Hyderabad will look forward for more such property Expo's in months to come as these expos genuinely bring customers and builders in one common platform.

MAGICBRICKS PROPERTY SHOW A Property show was organized by Magicbricks at Taj Krishna, which is situated in Banjara Hills on 16th and 17th March 2013.The two day property expo showcased some good current projects and ventures of some of the reputed builders and developers of the city. Rated as no.1 web portal by many agencies Magicbricks is one the most visited real estate portal with almost 6 lakh registered members and having databases of more than 20,000 properties.The company is run by very professionally qualified persons and has a pan India base, having offices in almost all cities and towns of India. The company is very proactive in advertisement of new properties and has very active visitor's database.The portal deals with almost 8,000 potential buyers every day and is one of the pioneers in this business segment growing exponentially each year. More than 20 plus Builders and about 60 projects were displayed, all the premium residential Properties in and around of Hyderabad was displayed like villas, apartments & plots. The platinum sponsor 10 I Twin Cities REAL ESTATE BULLETIN I 2013 April

was Aparna Construction, and the gold sponsor was Aditya Builders. Among other participants were, Aparna Constructions, Sattva GroupSalarpuriya, Raichandani Constructions, Ramky infrastructure,SMR Holdings, Shwetha Aryan, G.K.Developers, Shanta Sriram, PNR Constructions, Mythri Constructions, Saket Constructions, R.V.Nirmaan, Nature Avenues, Janapriya Constructions, Suvarna Bhuvi Developers, Infra Projects, Victory Estates, Matrixx Builders, Modi Constructions, Watsol Concept, Surya Cem, Jagathswapna Realtors and ARK Builders. The advertisement for this property show was not done very aggressively but the response was more or less good. Initially there was low turn out but as the day progressed the number of visitors increased and in the evening there were maximum turn out. During evening many visitors came with there family members to view the stalls. Spot offers were given to early bird coustomers in order to attract them to their stalls, the documentation required for spot offer were kept very limited so that the majority of the visitors could possess it. Property shows such as this has brought many relatively unknown projects into light and visitors had received first hand information about all these ventures and many more property expos are expected in the city.

EENADU PROPERTY SHOW 2013 Eenadu being one of the leading news paper in A.P has also organized its 5th property show at shilpa kalavedika next to shilparamam near cyber tower, madhapur, hyderabad on 23rd and 24th march 2013 giving builders and developers chance to propagate their idea. Eenadu is the most read Telugu newspaper in the state which is regularly organizing such property shows and many advertisements from reputed developers and builders regularly appear in the newspaper. After a brief function and a formal inaugural speech by the guest of honour, the property show was made open to the visitors. There were about 20 exhibitors in all exhibiting their forthcoming projects covering the entire floor. Spot sanctions for govt. Employees and MNC / IT executives were also done. This show was sponsored by Manjeera Constructions, Saket Constructions, SMR Holdings, Safeway Infra, Giridhari constructions, Prajay Engineers, Swarna Vihar Infra Projects Pvt. Ltd., Green Home, Fortune Butterfly city, S B Ventures, BRC infra, JB Infrastructures, Santa Sriram, Common floor, Aditya Constructions and R V Nirman M/s. Aparna constructions and the associate sponsors were Vertex. The property show has received moderate response though awareness of the show was well publicized through media(Etv2), Eenadu newspaper and bills circulations. Initially for few hours the venue looked deserted with very few visitors but later in the evening the foot falls increased and visitors queue to the stalls to enquire about the various schemes and projects. On the following day, been Sunday, right from the beginning of the day there were many visitors flooding the venue. Later during the day foot falls considerably increased and in the evening the venue was buzzing with activities. The property show progressed to its logical conclusion very smoothly without any glitches. The Eenadu property show 2012 got a mediocre response from the visitors, however the residents of Hyderabad will look forward for more such property Expo's in months to come as these expos genuinely bring customers and builders in one common platform.

SPECIAL REPORT

s the country braces with the most challenging economic situation in recent times, with exports shrinking each month and gross domestic product (GDP) slipping down from the peak levels of 2008, the nation is struggling to meet its two ends together with inflation going through the roof on a sustained basis. In this economic back drop the Budget 2013 indicates a 'balancing act' by the Finance Minister. Budget 2013 was presented in the backdrop of a slowing economy with fiscal deficit and low tax GDP ratio. Given the conflicting nature of these factors, there was little choice to increase taxes or offer significant tax incentives. Indian Real Estate space has been facing strong head winds for some time due to continuing global economic uncertainty and the domestic socio-political and economic issues. There was widespread hope that the Budget provides the much-needed impetus to take the sector back on the growth curve. Policy reforms proposed in the Budget are encouraging; however, the tax proposals may prove to be a dent to the impetus. The new tax extension to the super rich category may have no impact on the overall real estate industry. Allocations to the rural and proposed urban housing funds are promising signs and the road map for development of intra-city industrial corridors seems to be a positive step towards developing 'Smart' cities. The long clamour for housing funds were growing louder in last few years as more housing cooperatives are require to address the need of building more number of rural and urban houses. At the onset the Finance minister P Chidambaram announced a number of sops for low-income homebuyers in the Union Budget for 2013-14. However, for the affluent class, he increased the tax burden in acquiring a house. Experts and developers feel that these measures will increase the cost of houses in the NCR and other metro cities like Mumbai, Bangalore, Pune, and Chennai. In order to promote home ownership, the finance minister allowed an additional deduction of interest up to Rs 1, 00,000 from the taxable income if a person buys his first home, by taking a loan of up to Rs 25 lakh from a bank. The value of the property should not exceed Rs 40 lakh, and should be his first house. That means, at the time of sanction of the loan, the assessee should not own any residential property. This facility will remain applicable for 2013-14 financial year only. Though the cap of Rs 25 lakh on loan will not make it very attractive in metro cities, it will meet the requirement of most homebuyers in small cities. Pankaj Bajaj, president of CREDAI NCR, said that the additional deduction of Rs 1 lakh on interest on a home loan of up to Rs 25 lakh for first-time homebuyers is going to make home-buying a little easier for young people who are buying their first house in Tier II cities where prices are lower. "I don't expect it to have much of an impact in bigger cities where nothing is available in this price range,"

Bajaj said. At present, deduction against home loan repayment is allowed up to Rs 1.50 lakh from a person's taxable income. This additional deduction of Rs 1 lakh will peg the total deduction against interest payment on home loan at Rs 2.50 lakh. This will reduce the interest burden substantially to a first time home buyer. As an example Take the case of a person whose income is in the 30% tax bracket who takes a home loan of Rs 25 lakh. On Rs 25 lakh home loan, the interest payment during a year will be around Rs 2.50 lakh at 10% interest. This entire amount will be deducted from his income. Because of this, his tax bill will be lowered by Rs 77,250 including the education cess. If this benefit is adjusted in the interest payment, his net interest liability will be Rs 1, 72,750. Therefore, the effective tax rate for the homebuyer will be around 7% instead of 10%. But if the borrower's income is in the lower tax bracket of 10% or 20%, the benefit accrued to him will be lower. The Union budget of 2013 presented by Chidambaram has had the opposite effect on real estate industry. Already facing a severe slowdown, the finance minister has made life even more difficult for the real estate industry. The following are the main points of the budget with respect to the real estate sector. 1. 1% TDS (tax deducted at source) on all real estate transactions over Rs.50 lakhs 2. Service tax raised to 3.7% against the earlier 3.09% if the house is worth more than 1 crore or the area is over 2000 sq ft. 3. Excise duty on marble increased from Rs 30 per sq ft to Rs 60 per sq ft. 4. No 'infrastructure' status to real estate sector. This would have April 2013 I Twin Cities REAL ESTATE BULLETIN I 11

SPECIAL REPORT enabled real estate companies/builders to get sops like cheap loans etc from the government and banks. 5. The only 'benefit' that the budget has for a buyer is an additional 1 lakh rupee deduction for interest payment on a first time housing loan. But the catch is that the loan amount has to be less than 25 lakhs. Overall there are some disappointments pertaining to the real estate sector such as not giving a long due infrastructure status to the housing industry which would have helped builders to garner loan and financial grants at a cheaper interest rates, also FII's and hedge funds with large corpus would have actively invested in the upcoming real estate ventures. Also excise duty and other tax levies have been increased for some building articles which in turn will make the final costing of the flat very dearer to the common people. The inflation had an ugly toll on the undergoing project in which the government has a little control on the price control of the essential commodities required for the building industry added to that the escalated price of the land has really made affordable housing a distant dream. The government in this budget has failed to address this burning issue and kept it in abeyance, it seems that the governing authorities are not very serious to take cognizance of these problems.

The residents of Hyderabad may yet again feel the jolt as the cost of acquiring high-end homes or flats is all set to burn a deeper hole in the pockets of the customers.

Budget 2013 brought cheers to First time home buyers If you are still waiting to buy your first house, the budget has some good news for you, in order to promote home ownership, the finance minister allowed an additional deduction of interest up to Rs 1, 00,000 from the taxable income if a person buys his first home, by taking a loan of up to Rs 25 lakh from a bank. The value of the property should not exceed Rs 40 lakh, and should be his first house. That means, at the time of sanction of the loan, the assessee should not own any residential property. This facility will remain applicable for 2013-14 financial year only. Though the cap of Rs 25 lakh on loan will not make it very attractive in metro cities, it will meet the requirement of most homebuyers in small cities. The additional deduction of Rs 1 lakh on interest on a home loan of up to Rs 25 lakh for first-time homebuyers is going to make home-buying a little easier for young people who are buying their first house in Tier II cities where prices are lower. At present, deduction against home loan repayment is allowed up to Rs 1.50 lakh from a person's taxable income. This additional deduction of Rs 1 lakh will peg the total deduction against interest payment on home loan at Rs 2.50 lakh. This will reduce the interest burden substantially. Take the case of a person whose income is in the 30% tax bracket who takes a home loan of Rs 25 lakh. On Rs 25 lakh home loan, the interest payment during a year will be around Rs 2.50 lakh at 10% interest. This entire amount will be deducted from his income. Because of this, his tax bill will be lowered by Rs 77,250 including the 12 I Twin Cities REAL ESTATE BULLETIN I 2013 April

education cess. If this benefit is adjusted in the interest payment, his net interest liability will be Rs 1, 72,750. Therefore, the effective tax rate for the homebuyer will be around 7% instead of 10%. But if the borrower's income is in the lower tax bracket of 10% or 20%, the benefit accrued to him will be lower. At the current interest rate of 10.5% a year, the total EMI outflow for the loan amount of 25 lakh will be 3 lakh, of which 2.64 lakh will be the interest component in the first year. With a deduction of 2.5 lakh, up from 1.5 lakh earlier, 95% of the total interest burden will be covered, compared with just 57% earlier. Home sales have dropped across the country over the past few quarters because of high interest rates as well as low consumer sentiment. Additional demand will be created in this category and it will be a great opportunity for smaller developers to increase their market presence and branding by building affordable homes in this category. However, for the affluent class, he increased the tax burden in acquiring a house. Experts and developers feel that these measures will increase the cost of houses in the NCR and other metro cities like Mumbai, Bangalore, Pune, Hyderabad and Chennai. Increased cost of the building materials and additional tax burden on persons earning more than 1 crore annual income will make the purchase of premium properties dearer which can further fuel the inflation. For a house worth Rs. 1 crore, one now has to dish out tax worth Rs. 3.60 lakh after April 1 compared to Rs. 3.1 lakh till March 31. A Budget Jolt to Hyderabad The real estate market in Hyderabad, which had been lying low in comparison to other Indian metros and faster growing cities, may yet again feel the jolt as the cost of acquiring high-end homes or flats is all set to burn a deeper hole in the pockets of the customers. Many real estate developers and Credai, the apex body of the realty sector, feel that the increase in service tax from three per cent to 3.6 per cent on homes and flats having a carpet area of 2,000 sft or more or costing Rs. 1 crore and above because of reduction in tax abetment from 75 per cent to 70 per cent will impact home-buyers in the city as the cost of housing in this segment will go up. “Due to several reasons, the growth of the real estate sector of the city has been on the milder side compared to other metros. Now, with the government increasing the service tax on premium homes as well, we have no other option but to pass the buck to the customers,” said Pochendar Shenigarapu, CEO of Lanco Hills. Echoing similar views, Shekhar Reddy, national vice-president of Credai said, “Apart from the upper middle-class section, the Union Budget holds nothing special for real estate sector... We are it... Even the luxury home buyers have got a raw deal in the form of hike in service tax from three percent to 3.6 per cent.” He said, “It means that for a house worth Rs. 1 crore, now one has to dish out tax worth Rs. 3.60 lakh after April 1 compared to Rs. 3.1 lakh till March 31, 2.13.” He added that the move might discourage the premium-end home buyers and that might affect demand. The budget 2013 amidst all the gloom and doom has not stood up to the expectations of the common public except for some little gimmicks which the finance minister cleverly tweaked, also this was the penultimate year before general elections schedule for 2014 so the FM has resorted to taxing the rich by decreasing the service tax abatement by five per cent. This will result in pushing up the capital values of under-construction residential properties and affect highend and luxury markets in major cities, also the government did not take the initiative to launch big bang reforms pertaining to land and building industry. The cash strapped government with fiscal deficit running very high has very little to offer to the public. The citizen's of India will have to wait till another budget next year in hope and pray that their wishes come true.

SPECIAL REPORT

CHANGE OF

GUARD The Andhra Pradesh Real Estate Developers' Association (APREDA), in its 17th Annual General Body Meeting cum Elections, held on 26th March 2013 at Fort Grand, Shamshabad, unanimously elected its new Governing Body for a 2-year term. The Andhra Pradesh Real Estate Developers' Association (APREDA) was established in 1995. The association today has a majority of leading builders and developers as its members (over 400) and has branches/associates in Vizag and Guntur. Over the years, APREDA has emerged as an effective “industry champion” helping the government formulate realty-friendly policies, development control rules (DCR), layout regulations and is the pioneer in Andhra Pradesh in putting in place a comprehensive model to serve realty and the public. APREDA in conjunction with the authorities has also been proactive in helping the rationalization of taxes and fees like VAT, Service tax, stamp duty, other registration charges, Impact fee and development charges, etc. benefiting all the stake-holders. APREDA is now working towards rationalization of stamp duties. In accordance with the Bye-Laws of the Association, elections to the Office Bearers and Governing Council are held every two years but in actual fact the elected members normally continue in office for two terms i.e., for four years. The newly constituted body is being formed after 2009.

APREDA finds its new President After the elections which were held at the Majestic surroundings of Fort Grand, Shamshabad unanimously elected its President Shri P. Dasharat Reddy for a 2-year term. Sri P Dasharath Reddy was born, brought up and educated in Hyderabad. An Alumni of St. Paul's, Hyderabad. Mr Reddy is a National Merit Scholarship holder, who went on to complete his B.Tech and M.Tech from JNTU, these too with SRI.P DASHARATH distinctions. His foray into the Real Estate Industry started in 1989 as a Partner in REDDY Himagiri Builders. He is now Managing Director of Sri Sai Sterling Homes, Director of Sai Sree Developers Pvt Ltd. and Executive Director of Primus Developers Pvt Ltd. Under the group of Himagiri Builders he has completed more than dozen projects, comprising of residential and commercial buildings and Layouts. He is a member of the Institute of Engineers and a Founder Member of APREDA, NAREDCO (A.P) as well as of CREDAI (Hyderabad). He joined APREDA in 1995 and earlier served the Association as an EC Member, Secretary, Vice President, Advisory Committee Member and was most recently the Secretary General prior to being unanimously th th elected as the 5 President of APREDA during the 17 Annual General th Body Meeting held on 26 March 2013 at Fort Grand Shamshabad,

hosted by Sri M V Narendranath Reddy, CMD, Grand Ville Realtors Pvt Ltd. The newly elected President at the press conference had expressed his gratitude towards the committee and said “At the outset I express my sincere thanks to all of you for having helped me in performing my duties of the Secretary General of APREDA and more so today for giving me this honour to serve the association as the 5 th President”. Also he said that “I am thankful to all the past Presidents, outgoing President and APREDA members who have encouraged me and provided me with this opportunity to serve the association as the President. I thank you for the trust reposed in me and I shall strive continually to live up to your expectations”. The new President seemed to be confident in his speech about the immediate duties as he said “I am now given this onerous task of being the President. Today the Real Estate Industry is in a transition period. There are many issues that affect the Real Estate Industry which need to be addressed. APREDA always answered the call to serve the builder/developer community but we need to find newer and more innovative approaches to solve our many challenges.”He has unveiled his ambitious plans and desires by saying “We want to take APREDA to greater heights based on 5 D's Desire, Discipline, Dedication, Determination and Direction. This can only be done with involvement from all of you. I would like to request all members for their heartfelt support. Your collective support gives us great strength. I thank each and every APREDA member from the bottom of my heart and request your continued cooperation”.

The comprehensive list of the new governing body is as follows. 1. President 2.Executive Vice President 1 3. Executive Vice President 2 4. Vice President 1 5. Vice President 2 6. Vice President 3 7. Chief Co-ordinator 8. Secretary General 9. Secretary 1 10. Secretary 2 11. Secretary 3 12. Secretary 4 13. Secretary 5 14. Secretary 6 15. Co-ordinator 16. Treasurer 17. Correspondent

Sri. P Dasharath Reddy Sri. R Chalapathi Rao Sri. B Sunil Chandra Reddy Sri. MV Chowdary Sri. V Krishna Reddy Sri. VVS Reddy Sri. K Sridhar Reddy Sri. M Vijaya Sai Sri. P Ravinder Rao Sri. GV Ravi Kumar Sri. Ravinder Agarwal Sri. K Rajeshwar Sri. Mitesh Kulkarni Sri. N Bhanu Prasad Sri. K Srinath Sri. K Gopalakrishna Sri. GVR Ravi

Advisory Committee Sri.MV Narendranath Reddy Sri.G Hari Babu Sri.S Ganesh Reddy Sri.Dr. GBK Rao Chief Legal Adviser Legal Adviser

Sri.D Linga Murthy Sri.B Subba Reddy Sri.Gorla Saibabu Sri.MTV Ramana Sri. Advocate CP Rao Sri. Advocate PSN Prasad

Governing Council Members 1. Sri. A Srinivasa Rao 2. Sri. Aditya Gowra 3. Sri. BL Narasa Reddy 4. Sri. Bu Shashidhar Reddy 5. Sri. Dr Ln Y Kiron 6. Sri. Dr. KL Narayana 7. Sri. GV Ramana Raju 8. Sri. K Bhoopathi Raju 9. Sri. K Shankar Rao

10. Sri. Kali Prasad Damera 11. Sri. KK Reddy 12. Sri. M Sridhar Rao 13. Sri. Mohammed 14. Sri. P Gopikrishna 15. Sri. PV Anjaneyulu 16. Sri. R Ashok Swaminathan 17. Sri. T Srinivas

Past Presidents 1. Founder President 2. Chief Mentor 3. Chief Adviser 4. Immediate Past President

Sri. Col (Retd) Narne Ranga Rao Sri. M Murli Mohan Sri. PS Reddy Sri. P Prem Kumar

April 2013 I Twin Cities REAL ESTATE BULLETIN I 13

m ro F e ts tur per a Fe u Ex u t st s aa Vaa V ive ned lus now c Ex Re

BELIEFS

SCIENCE OF

VAASTU

Lord Yama is the lord of southern direction : It is advised not to keep legs in the direction and sleep, as one sees 'Yamadwara’ as soon as he gets up. Therefore,accordin g to Vaasthu one should sleep in the Vaasthu Vidwan Nairuthi or the Sai Sri Danthuri Pandarinath south west corner, keeping the head in the south direction and legs towards North, so that the person would see 'Lord Kubera' on North, as soon as he gets up. Heavy goods in the 'North-east' give very bad results and light goods in South and South west directions equally give bad results. 'Lord Niruthi' is the governing lord of Niruthi corner : That is South-west corner. This is the place for weapons and heavy goods. ' Lord Varuna' rules the Western direction : A place suitable for growth of cattle, cattle shelters, and vehicle shelters. So shelters can be constructed in this corner which gives very many positive results. The southwest, south and west can bear goods however heavy they are. 'Lord Agni' or the 'Fire lord' rules the south East corner or 'Agneya' : This corner is meant to place fire like cooking etc. If water is placed here, the opposite of fire, the results will be also negative. The person living has to face too many financial problem. Similarly, if the place of fire is kept in any other place other than the south East corner, the effect will be highly disastrous. A fire should never be placed in North or North east sides which ultimately results in the detoriaration of the head of the family.

DO DIRECTIONS GOVERN AN INDIVIDUAL ? Do directions govern or rule any individual? Do they torment him? The

answer is not really consistent. Be-cause, no direction actually directs any person. It is the person who brings in hurdles or happiness by neglecting or following the principles of Vaasthu. Vaasthu Nipuna Danthuri Sai Pawan Here arises a question… Is there really any relationship existing between Vaasthu and the existence of Man?

The answer may not be consistant here also. However let me put it this way! An animal like monkey, seems to be similar to that of a human being except for a tail. But the nature, habits etc., are totally different for both. Monkey has got almost similar limbs like that of a human being. The difference adheres to the arrangement of these limbs which puts man in a superior position. Similarly, every house has got the same eight directions, but their effect differ, depending upon their usages and managements. If every direction is perfectly used and maintained according to the rules of Vaasthu, the house safeguards the resident, like a mother who secures her child. If the opposite is done, the house is nothing but a “Tiger's den”. One should understand the hidden meaning here! No direction is actually governing a person. The effect of directions depends upon on how the person is utilising them. A small example is that, suppose on ecloses the window which gives fresh air; the fresh air is not allowed, as a result of

Bhakti TV : Every Thursday 10:30am to 11:00am TV. Live V6 TV : Every Sunday8:30am to 9:00am Programmes

ATV : Every Thursday & Friday 6:00pm to 6:30pm

14 I April 2013 I Twin Cities REAL ESTATE BULLETIN

Feature VASTHU VARTHA on VARTHA Telugu daily Vaasthu Sunday Magazine

which the person gets suffocated, and if this continues, he may fall sick. Likewise, if the, 'North-east' corner, a corner that blesses with richness and prosperity, is totally closed, the out come is well understood. So, not knowing, the truth behind the 'Vaasthu' many people are inviting troubles and tensions, unnecessarily. There is certain impact of Vaasthu on human existence and this is a fact. I hope, hereafter atleast, man enjoys his life to some extent, by knowing certain principles of Vaasthu, and lives accordingly. 'Vaasthu Shastra' is a mighty ocean. Let me be humble enough to admit that Iam not trying to take the entire essence of this ocean. If there are really such people, I pay my sincere respects to them. Whatever little I know, out of my unending research and analysis, I am trying to put before you, to make you happy, prosperous and enjoy the fruits of life. If few people atleast, follow my advice regarding Vaasthu and prosper well in life, I will be happy that my efforts are rewarded to certain extent !

IF IT BECOMES UNAVOIDABLE TO KEEP HEAVY ITEMS AT FORBIDDEN PLACES…. Sometimes, it so happens that the residential building might be of an old construction or the items purchased may not be arranged according to Vaasthu or the financial position may not permit to make any change of the house. If that is the case, there are very simple principles of Vaasthu, that can be followed without any stress or strain. To be Continued........

SAI SREE VAASTHU C

For Appointment :Vaasthu Vidwan Sai Sri Danthuri Pandarinath Vaasthu Nipuna Danthuri Sai Pawan #3-2-4, Kingsway, R.P.Road, Sec’bad-03. (O) : 040-27817446, Fax : 0404-27844677 Cell : 98854 46501, 98854 49458 E-mail : saisrivastu@hotmail.com

LEGISLATION

Right to 'Homestead' Bill

he Right to Homestead Bill is being readied, even as another ambitious entitlement-based legislation the National Food Security Bill, 2011 continues to hang fire and is yet to get Parliament's nod. Both laws could be electorally crucial for the Congress ahead of key state elections this year and Lok Sabha polls due next year. The Homestead Bill is part of the charter of demands made by the Ekta Parishad an activist movement comprising thousands of community-based organisations and individuals in Agra last year, to which Rural Development minister Jairam Ramesh had agreed. "We are fulfilling an important commitment made as part of the Agra agreement," Ramesh said. The Bill has been drafted in consultation with the Ekta Parishad. The Jan Satyagraha movement, spearheaded by the Ekta Parishad last year, brought thousands of landless people together to protest this state of affairs. Their march to Delhi ended in Agra when Rural Development Minister Jairam Ramesh agreed to a charter of demands, with the Right to Homestead and a National Land Reforms Policy heading the list. The task force, headed by Mr. Ramesh, has held three meetings so far to try and fulfill that agreement. The draft Bill calls for State governments to notify an implementation plan within one year to identify beneficiaries, make an inventory of available lands and acquire more, and develop and allot plots. It mandates that the Central government will bear 75 per cent of the cost through a National Homestead Guarantee Fund. A Bill that envisages offering the rural poor right to land and a home has invited criticism from states for not consulting them and for being "impractical". Land is a state subject. The National Right to Homestead Bill would offer a poor family in the country side right to a piece of land of not less than 10 cents. One cent is one-hundredth of an acre. Just when the plaudits were rolling in for finance minister P Chidambaram having avoided excessive spending on handouts in his budget, the UPA government has shown that it means business as usual. The proposed National Right to Homestead Bill, 2013, is essentially, populism by stealth. With credit ratings agencies and other observers mollified post-budget, the government obviously feels it's time to move on to the serious business of corralling votes for the 2014 elections. Never mind that the proposed legislation is entirely unfeasible as far as implementation goes and is likely to provide a breeding ground for leakage and corruption. There are an estimated eight million homeless families in rural India. The proposed Bill enshrines the right to a homestead of no less than 10 cents (4,356 square feet) of land to be enforced within five years of the law's enactment. Just where the required land is going to come from remains a mystery. The government's record at redistributing land acquired for land reform purposes is questionable at best. And that's not even getting into the details of financing the entire boondoggle something that is likely to put an unconscionable strain on an economy already saddled with a deficit expected to hit 5.2% of GDP this financial year. Delving into the nitty-gritties of implementation makes for even more pessimistic reading. How will this legislation a one-size-fits-all

approach be handled at the state level? Congress leader and Kerala revenue minister Adoor Prakash, for instance, has already stated that it would be a tough task in Kerala. Given the fiascos when it comes to land acquisition for industrial purposes, what exactly makes the government think it is going to have any better luck here? Does it know something no one else does? Or is it, as seems far more likely, sacrificing prudence and rationality at the altar of political opportunism? In a country with large numbers of landless poor like ours, a Bill giving them the right to land and a home should be welcomed rather than obstructed from the very outset. Taking into consideration this large-scale homelessness that exists in the countryside it should be easy to see the need and usefulness of such a Bill. According to the statement of objects and reasons of the draft Bill, about a million rural families have no house of their own. More than 31% of households in the country are landless, with nearly 30% owning less than 0.4 hectares. There's no doubt that the situation needs immediate redressal and the proposed Bill does make a positive beginning. The National Right to Homestead Bill, if put into effect, has the potential to make a difference to the lives of the rural poor, particularly those who don't have a home of their own. Besides, ownership of land has a special significance. Land has always had an emotive appeal for villagers, an appeal that has often held out against the temptation of making easy money. This enduring relationship between villagers and land, as we have recently witnessed, has triggered widespread protests against acquisition of land for industrialisation. Under the influence of Congress president Sonia Gandhi, the National Advisory Council has legislated landmark Bills like the Right to Education, the National Rural Employment Guarantee Act and now the Food Security Bill. The homestead Bill is part of this gamut of welfare measures which have been the hallmark of the UPA government. The question here is not about whether we need such a Bill or not but whether it could be implemented without the usual leakages and corruption that defeat the very objectives of such welfare legislations. While Uttam Reddy, housing minister in the Congress-ruled Andhra Pradesh, is unaware of the details of the Bill, V Somanna, his Karnataka counterpart, says Ramesh is chasing an "impossible dream". Somanna's logic is that if you want to build homes for the poor, you have to build high-rises. "Let's not forget that land is scarce even in the villages in many states. Giving away not less than 10 cents of land is impossible in many states," he says. TM Thomas Isaac, former Kerala finance minister and a central committee member of CPM, says he isn't opposed to the Bill in principle. "But the implementation of such a law would be nearly impossible because of two reasons," he says. Most Indian states - which have been under Congress rule for decades - have not successfully implemented the Land Ceiling Act, which alone, he says, can leave states with surplus land. â&#x20AC;&#x153;In Kerala similar schemes were implemented as early as 1971," he notes, claiming that besides Kerala it is only states such as Left-ruled Tripura and West Bengal that have "properly" implemented land reforms. "Now Kerala is a land-scarce state where city-village divisions

April 2013 I Twin Cities REAL ESTATE BULLETIN I 15

LEGISLATION are thin. If you are to offer land to the shelter-less in the state, you will have to find land elsewhere," he argues. "Why should someone want to leave his or her state and settle somewhere else?" he asked. Isaac says that to come up with such a Bill instead of first implementing the Land Ceiling Act, is a poll gimmick in the run-up to the 2014 general election. "Even if they want to use it as a poll trump card we will support the move in principle. But clearly it is an impractical idea," he asserts. In Kerala, parties such as Muslim League and Kerala Congress wield enormous clout in the present Congress dispensation and these parties have in the past fought tooth and nail any effort at land reformation by Left regimes. "This is not applicable in Kerala," says a state minister, who didn't wish to be identified. Like Somanna, he also suggested that state governments build high-rises to address the issue of land scarcity. As regards charges of the Ramesh-led move being a poll gimmick, he says, "In states like Kerala, such a step will only hurt the prospect of the UDF (Congress-led coalition).â&#x20AC;? The draft Bill, which is expected to come up for inter-ministerial consultations at the Centre soon, says that the Central government would bear 75% cost of enforcing the right of the rural poor and the rest by the states. A senior Congress leader from Uttarakhand poked fun at the Bill, saying many states will have to provide land to the homeless in other states. They didn't want to be named because they didn't want to be seen as commenting against a "proposal that (Congress president) Sonia Gandhi hasn't yet said yes or no to". And another senior Congress leader from Uttar Pradesh commented on the latest proposed 'welfare' offering by the UPA government at the Centre free homes to shelter less rural poor is not just a misled policy, but also a gross abdication of the government's core responsibility. While there is a genuine and pressing need for land reforms in the country, the proposed National Right to Homestead Bill, 2013, which promises every landless and homeless poor family in rural areas a homestead "of not less than 10 cents (0.1 acre or 4,356 sq ft)", is far from the focused policy intervention needed. The scheme, though much on the lines of other entitlementbased programmes like the flagship MGNREGS is much more prone to fraud and corruption given the very nature and magnitude of its entitlement. Specified manual labour and minimal wages under the MGNREGS ensures that only those in distress seek work under it, thus minimising chances of false claimants. However, the proposed Homestead Bill remains vulnerable to misuse and serious leakages. Given the high incentive of land involved, it is possible that many ineligible households will try to stake claim by bribing officials and looking for loopholes to skirt the eligibility norms. Making such quantum of land available will never be easy. Some of the states with very high rural poverty are also those with extremely high population densities Bihar and UP being a case in point. In such conditions, providing "at least" 10 cents of land to each poor shelter less rural household, even those living on rent is both overly ambitious and impractical. Also, what about homelessness in urban areas, given the dynamic relationship between the rural poor and urban spaces as a result of increased migration? Further, there is the question of feasibility and sustainability of free lunches. While targeted welfare policies are needed in any emerging economy, there has to be a more clever way of implementing them than simply giving out doles. Tempting as it may be ahead of crucial Lok Sabha elections next year, and as great a problem as landlessness is, the government must refrain from gimmickry that is nothing but a flawed quick-fix solution to a serious, deep-rooted problem. Jairam Ramesh's Rural Development Ministry has proposed all kinds of changes which will have a negative effect on reforms. After first proposing a Land Acquisition Bill that will raise land prices, it has proposed a National Right to Homestead Bill to provide houses to the 16 I Twin Cities REAL ESTATE BULLETIN I 2013 April

rural poor. Every homeless rural family will thus be entitled to 10 cents (one-hundredth of an acre) of land at a time when land prices will rise in general. Who is going to pay for this munificence? To compound matters, Jairam Ramesh is also concocting a National Land Reform Policy that wants to limit land holdings to a maximum of 15 acres. Now, India's problem is the atomisation of land holdings due to family separations, and not excess land holdings (though this may exist in benami forms). Development requires a strategic shift which allows more rural landowners to opt out of agriculture and seek nonagricultural occupations or productive jobs in cities. On the other hand, the productivity of land needs to be improved by greater mechanisation and providing more avenues for contract farming and this will be helped by increasing the land ceiling, and not reducing it. According to the National Land Reforms Policy draft more than 31 per cent of households in the country are landless. Almost 30 per cent own less than 0.4 hectares, meaning 60 per cent of the population owns only five per cent of the country's land. The draft seems uncertain about the specific eligibility criteria for beneficiaries. The Bill is aimed at poor families in rural areas only. Government employees, landowners, income tax payers are all exempt. Other criteria, including a maximum income level, have not yet been finalised. The title to the homestead will be given in the name of the adult woman member of the household. The draft also suggests that such a right to homestead shall be enforced within a time period in accordance with the plans to be made at the State and the district levels. The right to homestead, according to the draft, can be inherited but cannot be transferred to a new ownership. Families who own land, persons who are paying income tax, Government employees, and employees from the private sector who earn Rs 84,000 a year will be ineligible. The draft says that the Central Government would bear 75 per cent of the cost of enforcing the right. The balance shall be borne by the State Governments. A National Homestead Guarantee Fund will be established for the purposes of the proposed legislation. â&#x20AC;&#x153; T h e C e n t ra l G ove r n m e n t m ay, a f te r d u e appropriation made by Parliament by law in this behalf, credit by way of grants or loans such sums of money as the Central Government may consider necessary to the Fund,â&#x20AC;? the draft Bill said. It will be the responsibility of the State Governments to identify the land for allotment, allot and provide titles, develop the allotted homesteads, provide basic civic amenities including drinking water, Approach roads, internal roads, sanitation and electricity, establish a grievance redressal mechanism, monitoring system and ensure transparency and accountability by means such as social auditing. According to the eleventh plan document, an estimated 13 to 18 million families in rural India are landless, of which about 8 million don't have homes. "Adequacy" of housing, as defined by the draft, includes access to basic services, appropriate location, accessibility, cultural adequacy as well as right to basic services and civic amenities such as drinking water, electricity, roads and public transport, among others.

The Bill is aimed at poor families in rural areas only. Government employees, landowners, income tax payers are all exempt. Other criteria, including a maximum income level, have not yet been finalised. The homestead will be inheritable by next of kin, but preference will be given to daughters. In another attempt to promote 'equality', the draft proposes that such plots have to be "equitably allocated to ensure social integration within the village" so that members of all castes have equal rights and access. "The allocation of homestead plots must, under no circumstances, perpetuate discrimination and social segregation of communities within rural areas," the draft says.

SAFETY GYAN

arelessness is the main reason for any accident. If a person drives rashly on road one or two may get injured or killed. But when a building is constructed with out following any norms it would result in the loss of many lives. Even after witnessing number of fire accidents in the city the concerned authorities fail to implement the existing policies for safety of the public. Fire safety compliance rate is so pathetic in the city. The recent incidents that took place prove the recklessness of the people as well as the officials. There is an unprecedented increase in high rise building infernos at various places in our city, thanks to our civic authorities, who take no account of the rules and regulations pertaining to fire safety norms in high rise buildings and grants the permission to construct the building, also no code of conduct is followed, when it comes to fire safety rules for already constructed buildings and adjacent areas where a risk major fire breakout is looming large. Take for instance of the ghastly fire, which broke out and engulfed an entire multistoried building and the surrounding area in our very own city this incident took place in Puppalguda where eight adjacent apartments were engulfed in the blaze and thick suffocating smoke covered the entire area making lives of the people miserable. The prima facie evidence reveals that the fire safety protocol was not followed at this ill-fated building as a result, the residents were totally perplexed and were unable to tame the inferno which clamed huge causalities. How ever, some people did manage to flee away to nearby safe locations. In another fire incident in the city, 30 to 40 huts were completely gutted in Rajendranagar. The fire was caused by a burning garbage heap near one of the tents. Locals, however, put out the fire using water from nearby apartments before fore tenders arrived. The station fire officer of Chandulal Baradari, Mr. Sudharshan Reddy said that the huts belonged to daily wagers who worked at a construction site nearby. All of them were away at work when the fire spread. Fortunately the people in the locality did not panic and doused the fire using water from nearby apartments.” Mr. Sudharshan Reddy, said that the loss was estimated at around Rs. 2 lakh. “Nobody was injured as the residents were out for work at the construction site,” he said. It is important to note that the state is experiencing an acute shortage of fire engines and fire stations. The director of fire services has earlier said that 48 fire tenders had been discarded and they have not been replaced. The Manikonda fire tragedy took the lives of eight persons. Property worth thousands of rupees was gutted when a fire broken out in the godown of a paints factory at Ramreddy nagar in Jeedimetla. Simply registering a case and punishing the guilty is not the solution. It is very easy to arrest a person who is guilty for a particular accident. Is he the only person responsible to that? Unauthorized buildings in the erstwhile 'villages' abutting western side of city are prone to catastrophe. The Manikonda fire disaster was waiting to happen because of the large-scale unauthorized buildings that have come up in the erstwhile 'villages' abutting the western side of the city coinciding with the real estate boom. Investigators probing into the fire accident at Manikonda suspect that electrical short-circuit could be one of the causes for the mishap. The owner, Vijay Kumar took temporary connection from an adjacent building in violation of norms to get power supply for the premises used to store material required, for shooting films and TV serials. Sparks could have first emanated from the shed and later spread to Baba Nivas apartment. Strong winds had also fuelled the fire, said a senior fire official. Proposals were sent to the government requesting ex gratia to those who died in the accident. Officials of Revenue and R&B 18 I Twin Cities REAL ESTATE BULLETIN I 2013 April

Departments were collecting more details to assess property damage in affected flats and to check the structural stability of the building. At present, the flat-owners are staying at their relatives' houses. The Cyberabad police said fire broke out from a shed used for storing film shooting material and spread to the Baba Nivas apartment. Kumar allegedly took an illegal temporary electrical connection from the adjacent building in violation of the norms to get power supply. Officials suspect that sparks could have started from the shed and later spread to the apartment building, resulting in the death toll. Narsingi Inspector P. Narayana said cases were booked against shed-owner Vijay Kumar under Sections 304A (causing death by negligence), 337 (causing hurt) & 285 (Negligent conduct with respect to fire) of IPC and arrested Vijay Kumar, owner of the shed, which caught fire in Manikonda on Sunday, killing eight persons including a child. Fifty-four-year-old, Kumar, is said to have stored shooting material in the temporary structure abutting the Baba Nivas Apartment in Manikonda. A four-page report explaining the circumstances that led to the fire was also submitted to the government. The developer of Baba Nivas had also constructed the apartment without complying with norms. He took permission for constructing a ground plus three-storeyed building, but added two additional floors. The building owner had also failed to implement the necessary fire safety measures prescribed under the National Building Code (NBC). In a press release here, Chief Minister N. Kiran Kumar Reddy expressed shock over the incident. He instructed officials concerned to initiate stern action against those responsible for mishap and extended condolences to the bereaved family members.

Fire safety compliance rate is so pathetic in the city. The recent incidents that took place prove the recklessness of the people as well as the officials.

The mishap occurred outside the GHMC limits, but it does not mean that there are no potential towering infernos within. While most new constructions after the common building rules came into force and after the formation of the Fire Prevention Wing (FPW) within the municipal corporation have been adhering to the mandatory fire safety stipulations, the order building lag in this aspect, putting many lives in danger, officials admit. For example, there are 1,865-odd pent houses, illegal as per the law, but no action is taken. A majority of the penthouse owners applied for regularisation under the Building Penalisation Scheme (BPS) and there was a serious debate whether to come out with an 'innovative' set of rules taking the “current conditions” into account.

SAFETY GYAN But it got scamper down as there were doubts whether it would pass legal scrutiny and the stipulations of the Airports Authority of India (AAI). The same happened with some residential apartments of more than 18 meters height of various measures mooted to make them fire proof have not taken concrete shape due to various kinds of apprehensions. The threat of sealing and even forcible closure of a couple of them did force a few flats owners to install fire hydrants, extinguishers and hose pipes if not the entire paraphernalia. The FPW's periodic surveys, notices, and demonstrations in schools and hospitals in the last couple of years have moved things a bit in making some public buildings fit for firefighting. Of the 489 hospitals issued notices to follow fire safety norms after the Park Hospital mishap, 350 had complied. The compliance rate in schools and commercial complexes, including malls, is pretty poor. Only 15 of the 450 commercial complexes had installed fore fighting measures and among schools, of the 2,514 about 129 had complied, officials revealed. The eternal question which is always asked after disastrous fire accidents is who is responsible for the death of innocent persons? What did those innocent persons do to deserve this? The answer to this obvious question lies with our civil authorities, who turn a blind eye to the fire safety norms associated with cluster of high rise buildings and adjacent neighborhoods. Equally responsible are those persons who don't follow the fire safety guidelines and store inflammable material at their house premise or storehouse, putting nearby houses and buildings at high risk of fire breakouts. There are various norms regarding fire safety, which addresses to prevent fire due to inflammable materials and also spreading of fire to nearby buildings. The builder should use standard electrical

fittings to prevent electrical fire originating from short-circuits. They should also try to use flame proof wooden products and plywood where ever possible to bring down the risk of fire. Adequate water storage and basic fire fighting equipments should be provided at every high rise buildings. A team of residents from each building must be trained by local fire fighting squad so that they can come into action when ever there is a fire emergency. Adequate amount of space should be maintained between two buildings so that the fire can not spread rapidly to other buildings and facilitate the maneuver of the fire engines and fire fighting equipments in case of a fire accident. All the fire safety norms are well legislated and stringent laws are made but the problem is that, none of the rules are abided properly by the builder and they in turn get away with a certificate of completion given to them by civic bodies by bribing them. Builders should understand that they are in turn playing with lives of innocent residents. The residents also should follow the minimum fire safety rules which are applicable and keep fire breakouts at bay.

April 2013 I Twin Cities REAL ESTATE BULLETIN I 19

ENVIRONMENT

ince ages people have used sun, heat and radiation as energy source. They were the vital reasons behind environmental balances, climate stability and consistent raining patterns. Solar energy is a radiant energy from sun producing light and heat which are natural, renewable and abundant in the atmosphere. With the use of today's technology the natural habitat is replaced by concrete, computers, artificial energy generating sources and others. With the increasing affects of global warming and greenhouse, solar power generation has taken its stroll of development. Our ubiquitous resources have been drawn to quench the industrial thirst. They are being hunt, trapped, drilled and contained for developing and generating sources like electrical energy, thermal energy, chemical energy, etc. These processes and range of extraction and consumption in manufacturing leads to the by-product of emissions, air and water pollution and other waste impacting on human health, wildlife and end-of-life disposal. On a mission to conserve the physical world or preserve eco system we can initialize the process of using solar energy, substituting it with electricity used appliances or personal electronic devises, homes and factories. With the increasing ultra structural buildings usage of electrical power has also increased. By the stringent use of solar power in these estates, one could benefit by cutting the cost of the sky rocketing bills and can be tagged at any time and at any location. Solar energy can be generated in two forms, namely electricity and heat. Solar cells or “photovoltaic's” (PV) are used to convert solar radiation into electricity. Photovoltaic systems release no greenhouse gases into the atmosphere and they don't even need direct sunlight to produce energy; they just need daylight and this means they can operate even during cloudy and less bright days. Electricity is generated indirectly too by first generating heat from solar energy and then using the steam produced in the process to run power generators. Here too, since no fossil fuels are being burned to produce heat, the resultant energy to 100% eco-friendly. These solar panels are mainly installed on roof tops of the particular building or residents according to the construction of the building which are called as roof mounted or roof array, if they are tracked on ground they are called as ground mounted or ground array. So solar designing is important for building based on they structure and area. Points such possibilities of absorption of energy, insulation factors, much be considered while integration of the solar panels. On an office building, roof areas can be covered with glass PV modules, which can be semi-transparent to provide shaded light. On a factory or warehouse, large roof areas are the best location for solar modules. If the roof is flat, then arrays can be mounted using techniques that do not breach the weatherproofed roof membrane. Also, skylights can be partially covered with PV. The vertical walls of office buildings provide several opportunities for PV incorporation, as well as sunshades or balconies incorporating a PV system. Sunshades may have the PV system mounted externally to the building, or have PV cells specially mounted between glass sheets comprising the window. A careful solar design can emphatically enhance the electricity output, hence increasing the efficiency of the solar tracking system. Certain steps need to be taken while designing the solar panel structure such as: ■ Maximize possible solar transmission and absorption in winter to minimize or reduce to zero the heating energy consumption, while preventing overheating. ■ Use received solar gains for instantaneous heating load and store the remainder in embodied thermal mass or specially built storage devices. ■ Reduce heat losses using insulation and windows with high solar heat gain factors. 20 I Twin Cities REAL ESTATE BULLETIN I 2013 April

Harnessing Solar Energy For Electricity ■ Employ shading control devices or strategically planted deciduous trees to exclude summer solar gains that create additional cooling load. ■ Employ natural ventilation to transfer heat from hot zones to cool zones in winter and for natural cooling in the summer; use groundsource cooling and heating to transfer heat to and from the underground, which is more or less at a constant temperature, and utilize evaporative cooling. ■ Integrate building envelope devices such as windows, which include photovoltaic panels as shading devices, or roofs with photovoltaic shingles; their dual role in producing electricity and excluding thermal gain increases their cost-effectiveness. ■ Use solar radiation for day lighting, which requires effective distribution into rooms or onto work planes, while avoiding glare. ■ Integrate passive solar systems with active heatingcooling/airconditioning systems in both design and operation. Advantages of Solar Panels Private home owners are discovering the benefits to our environment and a way to live happily off the grid or are considering installing a grid-tied solar power system to offset their electric bill or due to a belief in reducing their carbon emissions. These are great reasons to "go solar"... Ecologically Friendly For obvious reasons, the use of solar panels is Eco-friendly and considered one of the most "green" electricity resources. Because solar panels rely on a renewable energy source, there is no fear of depleting yet another natural resource. Decreased Electrical Bill By switching to solar energy, you will save money on your electrical bills every month. Even if electricity bills continue raising in the next few months you will have the peace of mind knowing that your energy source is based on solar power. Low Maintenance Solar panels have no moveable parts and are very simple to use. After being set up properly, they do not need to be tinkered with and will continuing working for many years. In fact, many solar panel manufacturers have 25 year warranties on their panels. Efficiency of Solar Panels No matter where you live, the chances are that you can successfully use solar panels for you electrical needs. They are rugged and are very adaptable to climate conditions and the latest panel models are efficient enough to work well without facing directly south and some will even produce electricity under cloud cover.

BUILDING TECHNICALS

Picking an architect Choosing an architect is a bit like choosing a life partner without dating. It's a weird sort of set up. You meet them once or maybe twice and then sign up to having them spend a pretty penny on your behalf. At least you get to live in the results, and hopefully they will be beautiful. It's exciting on one hand. On the other it's leaving with a slight headache and a racing heart from the panic of watching the bank balance diminish, and the lingering question of: "Are the choices we're making now actually good, and will we be happy with them in a few years?â&#x20AC;? While choosing architects, or other suppliers, you're often told you should get at least three quotes. It couldn't be truer. Once you've been visited by the magic three, it's easy to see who has the best knowledge, could be the nicest to deal with, or provide the better value for money. G. Ramana, a manager from the building advisory service Firstep, which sells the work of architects, says the main thing to look for is someone you can work with. A lot of people just go for someone whose work they like. "Equally important, if not more important, is their ability to interpret what the brief that you give them is, and ... just like any personal relationship, their ability to understand the things that you want," Ramana says.

Many architects are experienced in designing a home that is not only functional but also fits in with the look of the neighbourhood, another reason why consulting with neighbours is usually a good source of contacts. "I guess it's a personality thing, that's what you're working with. So there's a certain element of creative freedom that a lot of architects want and it's that fine line, isn't it?" Ramana has an architect on his list who asks clients all the things they don't like. "That allows him to cut out all the things he might be thinking about that they actually hate," he notes. He says there's no scientific way to choose the right person for you. But if you like their work, they understood your brief and you feel that you could deal with the person, that's a good start. Money is an issue

that often crops up in relation to architects. He says you need to be open about your budget from the outset. "Some people think, oh let's not tell them, let's see what comes up. Or they might low-ball the architect, saying 'we've only got Rs 10,00,000', thinking 'well it may well go over that, we've probably got Rs 20,00,000 but we don't want to tell him that because he'll just spend all the money.'â&#x20AC;? Wrong approach, says Ramana, "Let him know what he's playing with, but also too, that the budget must include his fees." Just as dangerous is telling the architect that you have more money to spend than you actually do. That's bound to end in tears too. Finding the right architect to build your dream home can be a challenge, with so many to choose from but it doesn't need to be a stumbling block in ones building plans. The following few tips may assist you in the decision-making process. The first step when choosing an architect is to establish your needs in terms of the type of building, the function and the form. Then you need to identify the budget available for the work you require. It is a good idea to meet with several architects with proven track records, who have been referred to you, and it is always good to visit some of their ready built homes to get a feel for their style, which may suit you on paper but not in bricks and mortar. If you are renovating rather than building it is also important to consider that an architect who designs from scratch may not be the right option. There are a large number of very capable architects who specialize in renovations. They are best found by asking neighbours or friends, who may have recently renovated, for their contacts. Another mistake many homeowners make is assuming that a more flamboyant and experimental architect will design a better home than your average, garden-variety builder. This can end up with you having a design that is aesthetically modern and innovative, but with less functionality than what you may need from your home and in addition, it may present difficulties when selling. Many architects are experienced in designing a home that is not only functional but also fits in with the look of the neighbourhood, another reason why consulting with neighbours is usually a good source of contacts. April 2013 I Twin Cities REAL ESTATE BULLETIN I 21

BUILDING TECHNICALS It is important to have commonality with an architect; they should to be able to understand your needs and translate them into the ideal home for you. This can only be achieved with this commonality. As the prospect of building became more and more certain though, you should have some homework to do, specifically around the subject of pricing. High end custom home architects have an awful reputation for designing without cost consciousness in mind. Many people agree that although architects are very important to the process of building a house, most are not overly concerned with building you a nice house as economically as possible, but rather building the most impressive house they can, with overspending as the main by-product. Not all architects are this way, but many are, and that's why you have to be extra careful. If you don't want to spend crores on construction, finding the most cost-effective high end architect has quickly become the most important part of building a dream home project. Only a good designing can prove that designing is not only about creating good looking homes. It is when architects also about elevating the quality of life itself. A few factors to check out before you zero in on the quote “per square architect for your home:

A PRACTICAL STYLE Most architects have their signature style. Check out the home he/she has designed. If it appeals to your taste and sensibilities, perhaps, he/she is the right one for you. Whether modern, traditional or glamorous, a home has to be a perfect blend of style and functionality. Not all architects are amenable to following the directions of the clients. They are the trained professionals and they know best, with all good intentions too. But if the basic temperament does not gel, even with the best credentials, he/she may not be the one for you. Don't judge the book by its cover. When you visit the home designed by the prospective architect, make sure you look beyond the glamour and glitz, check out the minutest details. The home has to look as stylish and as glamorous as the client desires while ensuring it is practically designed too.

FEE SCHEDULE

foot” costs, they are only talking about construction costs, or so-called “hard costs”. When figuring the total budget for your project, make sure to add in sales tax, permit fees, architect fees, and landscaping fees if you have them. In some cases, these “soft costs” can add another 50% on top of construction costs.

As a percentage of the cost of construction: This seems to be the most common arrangement. On the low end it is 8%, and on the high end it is 16%. Essentially, in a 15% arrangement, if you spend Rs 1,00,00,000 building your house, you then pay the architect Rs 15,00,000 on top of that for their fees. This arrangement is so common, but many don't like it. If you make the simple decision to use a material worth Rs 5,00,000 to cover the floors instead of a material worth Rs 2,50,000, why should the architect make an extra Rs 37,500? It just doesn't seem ideal. A straight hourly fee: This appears to be getting more popular these days. Instead of tying their fees to the often unrelated variable of construction costs, some architects are now simply presenting an hourly rate to their clients and the final bill reflects a simple calculation of the total number of hours spent. This is also not an ideal option as the customer should know how much money a project is going to cost in advance. Hourly, followed by percentage: This was the least attractive option. Essentially, the firm charges you an hourly fee during initial 22 I Twin Cities REAL ESTATE BULLETIN I 2013 April

design stage, and then bolts on the X% of construction costs afterwards. If the hourly cost disappears and when the client proceeds with construction and they say “No, it's added on”. Perhaps it's not such a bad option if the firm's percentage of construction cost is low, but that wasn't the case for all firms. Flat fee structure: Architects who charge flat fees generally estimate the amount of hours they will spend on a project and then give a fixed bid based on that. This arrangement is the best because the client knows exactly what he is on the hook for in advance. If the firm takes a little longer than expected, their effective hourly rate is lowered a bit, and if they finish quicker, it's raised but with the benefit of the project going quicker.

COST OF CONSTRUCTION ESTIMATES

One of the first things you should ask any potential architect is “what do the houses you design normally cost?” The cost of construction ranging from “Rs 1,200 Rs 3,000 a square foot” to “almost always around Rs 5,000 a square foot”. What a huge difference. To put that in perspective, for a 3000 square foot house, that's the difference between Rs 36,00,000 and Rs 1.5 Cr in construction costs alone. Most firms were in the Rs 1,500Rs 2,500 per square foot range. While that level of design and construction is great if money is no object to you, but money is an object to 99% of other people in the world. Another factor to think about is that when architects quote “per square foot” costs, they are only talking about construction costs, or so-called “hard costs”. When figuring the total budget for your project, make sure to add in sales tax, permit fees, architect fees, and landscaping fees if you have them. In some cases, these “soft costs” can add another 50% on top of construction costs.

DESIGN VS. DESIGN/BUILD The traditional way of having a custom home built is to hire an architect to design your house and get you to build-ready stage and then hire a general contractor to build the thing for you. Recently, however, there seem to be more “design/build” firms popping up that will not only design your house for you but also manage the entire construction process and hire their own subcontractors to do the

BUILDING TECHNICALS labour. There are positives and negatives to both approaches. Traditional architects will tell you that separating design from build is essential such that the design side can keep the build side honest and true to what they agreed to build. In other words, let's say the design calls for a certain type of plank to be used in the floors and the builder decides to use a different type of plank to save money for himself, figuring no one will notice or care. The architect can then come in and demand that the agreed-upon plank be used instead. Architects will also sometimes tell you that design/build firms have a conflict of interest which can cause your house to get built with an emphasis on ease of construction as opposed to effectiveness of design. On the flip side, design/build firms will tell you that cutting out the friction between architects and builders is what will save you the most money and anguish at the end of the day. There are multiple stories of architects and builders literally yelling at each other on-site, and in the end, it's often the client who ends up paying for either side's mistake. Going with a design/build firm also saves you the hassle of having to deal with two separate companies with two separate agendas. If you decide on a design/build firm up front and you're comfortable with them, then your team is more or less set from the get-go.

HOUSE STALKING One of the best ways to find which firms you even want to interview is to scope out some nice, recently built houses around town and find out who designed them. The easiest way to then find out which architects worked on which houses is to drive down to GHMC and have the clerks look up that information on the building permit records.

SOFTWARE There is a substantial gap 3D renderings depending was used. The best were done in the latest ArchiCAD and realistic that

in the quality of final on which software renderings version of they were so they looked

like actual photos from a few feet away. Which software your architect uses probably isn't going to make a huge difference in how your house turns out, but it sure is nice being able to see a photorealistic 3D rendering of your home before you sign off on everything. Ask to see some final 3D renderings from another project in order to see what your potential architect is planning to provide for your approval. As for software you yourself can muck around with during the design process, stay away from the CAD stuff and look no further than Google Sketch up. WHO IS ACTUALLY DOING THE DESIGN? Many of the biggest and most famous firms around town will be very quick to impress you with essays and awards from their principals, but if you dig deeper, you may find that often times, the real design celebrities won't be the ones actually designing your house. In a firm of 100 people, it's just not possible to have the principals do everything. Instead, you may get someone just a few years out of school, with other people at the firm helping out. There is nothing wrong with this approach, but you should just keep it in mind as you make your decision. On the other end is the small firm of 10 or less people where the principals are a lot closer to every project. Some people may prefer this arrangement instead. Personal attention and number of visits the architect can make to the work is in progress are very important.

PREVIOUS WORK AND CLIENT SATISFACTION

PERSONAL RECOMMENDATIONS Usually it is the architect and his team that works on a project, but if one is appointing one's own contractor to execute the work, it is best to appoint one known to the architect as it helps in expediting the project. This is because there is a rapport and co-ordination between the two. When it comes to working with new people, nothing beats a personal recommendation. If you know friends who have built houses recently, ask them about their experience with the architect they choose and if they have any pointers for you. Unfortunately, if you already have your eye on a few firms, chances are you don't know anyone personally who has worked with them. In these instances, ask the firm if you can contact a client or two of theirs. Most should be happy to arrange this for you, although they may ask politely that you be near a decision first so as not to inconvenience too many of their clients. It's always a good sign when a firm proactively suggests contacting their previous clients, but if they don't bring it up, you shouldn't be afraid to.

There are two aspects to evaluating a firm's historical body of work: typical price range and breadth of design style. With regard to price range, if your desired price range is Rs 1,200 per square foot, the firm should be able to show you specific examples of houses they've built for around Rs 1,200 per square foot. You should not accept responses like: “Well, we typically only display our highest end homes in our published portfolio.” Or “A lot of our houses come in at more than that, but the end price of construction really depends on you and what sorts of compromises you are ok with.” The other aspect of looking at an architect's past work is determining if their style fits yours (e.g. modern vs. traditional) and also how flexible they are within their own style. The colors you use, how you set type, and other peculiarities of the design process all come together to produce a fairly recognizable design signature. When you're young, your design signature is very specific and limited, but once you get more experienced, you start to branch out into all sorts of cool things. Unless you love an extremely specific style, you're probably better off picking an architect who has already branched out a bit. A good architect is the one who gives the client exactly what he/she wants in the best possible manner. Best thing is to check with the architect's former client. A happy client is proof of the architect's work. April 2013 I Twin Cities REAL ESTATE BULLETIN I 23

LEGISLATION

he UPA government is likely to reintroduce the Land Acquisition Bill with a mammoth 157 amendments in the budget session of Parliament. Out of the 26 'substantive' measures the government plans to push through includes a provision that in case of acquisition for urbanization purposes, 20% of the developed land would be reserved and offered to the original owners at a price equal to the cost of acquisition and development. But as has been the case in previous versions of the bill, the finer details of such provisions will decide who it favours in the end.

Say, in this case, the definition of what constitutes 'urbanization' has been left undefined. Government managers claim it will give flexibility to state governments to decide upon the matter. The case for protecting rights of tribals in Schedule V areas has also fallen in such a grey zone. Consent from the tribal gram sabha concerned may not be a must for acquiring their lands as state governments will have the option of getting consent from a higher level panchayati raj body, such as zilla parishad or the autonomous district councils. Community rights granted through UPA's other 'aam aadmi' legislation, the Forest Rights Act, can be taken away by giving money to individuals but the bill fails to define how it will be done. It also allows for 'involuntary displacement' of Schedule Caste and Schedule Tribe families but suggests higher compensation for SCs/STs over other categories of displaced people. But the Centre is likely to claim that several of these 'flexibilities' are part of its attempt to accommodate the wishes of state governments while reworking the bill. State governments have been given the powers to do away with the land-for-land formula in case of irrigated multi-crop or agricultural lands. 24 I Twin Cities REAL ESTATE BULLETIN I 2013 April

Similarly, deciding at what threshold the resettlement and rehabilitation provisions will be invoked in the case of purchase by private parties has been left for state governments to decide. If the projects fall above the threshold, consent would be required from 70% of land owners in case of PPP projects and 80% of landowners in case of private projects but not other project affected people. The functioning of the critical R&R committee too has been left to states for a final decision. The states will also have the flexibility to decide the compensation amount for rural lands within a given range of market value. The upper limit on how much irrigated farm land can be acquired in each district would also be decided upon the discretion of the state governments. District magistrates will have the power to calculate market value in a more flexible manner. The outdated 1894 law on land acquisition is set for a challenging reintroduction in Parliament. But nearly all connected with this law rue it; be it farmers, industrialists or displaced people awaiting resettlement. Even Union minister for rural development Jairam Ramesh, who negotiated, debated and fussed over every detail, says the process was so stressful it made his â&#x20AC;&#x153;hair turn greyâ&#x20AC;?. The bill is, after all, a critical aam aadmi legislation for the UPA at a time when its popularity chips are down and elections loom ahead.

If the projects fall above the threshold, consent would be required from 70% of land owners in case of PPP projects and 80% of landowners in case of private projects but not other project affected people. Even so, it's not going to be smooth sailing. There are many fundamental issuescompensation, powers left to the states, the sweeping definition of 'public purpose', amongst others that have been raised by numerous stakeholders, the opposition parties and state governments. Political parties sought more time to study the bill last winter, but this time the rural development ministry has found a kind of compromise. Parties, including the CPI (M), JD (U), SP and BJP will send their views, and their suggestions will be considered in the budget session. â&#x20AC;&#x153;We have asked for an all-party meet prior to the

LEGISLATION budget session on this bill,” says CPI (M) leader in the Lok Sabha, Basudeb Acharia. “Furthermore, acquisitions for government projects including by railways and defence often go without compensation and relief and rehabilitation (R&R). We want suitable amendments on these.”

Indeed, compensation is a key issue and the renamed Right to Fair Compensation and Transparency in Land Acquisition Bill fixes a maximum compensation of four times the value of rural land and double the value of an urban plot, plus a 100 per cent premium. The problem is that the courts have (in the past) often awarded compensation so much higher than government or companies that the new bill is likely to face a serious challenge. In a recent analysis of 525 court verdicts in Delhi between 2008 and 2010, Prof Ram Singh of the Delhi School of Economics found that, in 86 per cent of the cases, people got significantly higher compensation than what land acquisition commissioners (appointed under the 1894 Act) fixed. Appeals secured a further hike in 96 per cent cases. In one case Singh cites, the compensation rose by nearly 1,500 times. On average, compensation rose by 290 times. “It could be that courts give too much,” says Singh, “but it is more likely, from what I've seen, that government and companies give landowners too little.” “Settling land disputes is part of the bill,” says B.B. Srivastava, secretary, land resources. “People can still approach courts if there are land disputes.” The negotiations and changes this bill has had to deal with since 2007 boggle the mind. 'Industry-friendly' ministries, for instance, wanted the proposed national manufacturing investment zones out of the bill's R&R purview. SEZs were exempt earlier, but now will be included, after one year, in perhaps a nod to civil society and farmers. In all 26 substantive and 28 minor amendments have been made. Critical among these is the power left to states to guide land acquisition (land is a state subject and land acquisition is on the central list). So now the limit after which R&R provisions will apply in private acquisitions, the bars beyond which multi-cropped or agricultural land cannot be acquired, and the size of each acquisition

will be decided locally. Unutilised acquired land can be, at state discretion, returned to original owners. In this way, the bill promises to clear the future R&R landscape. “Acquisition norms and relief to land-losers in every state may still vary but at least there will be a standard to follow,” says Anirban Roy, who runs SEED, a CSR company that helps corporates expand in rural areas. But that's a double-edged sword as states can set arbitrary R&R laws. Perhaps the most contentious issue is how the bill defines “public purpose”and this is linked with the position on PPPs or public private partnership ventures. “One of our main recommendations was that the government not acquires land for private firms and PPPs. That has not been accepted,” says BJP MP Sumitra Mahajan who heads the parliamentary standing committee on rural development. The BJP has said it wants to debate how “public purpose” is defined when the bill comes to Parliament. Linked to this are the benchmarks for how much consent is needed before land acquisition. Significantly, this excludes the most needy stakeholderslandless labourers and other non-ownersthough they'll be entitled to R&R. The bill's sweeping definition of public purposeto include public, private and PPPwould see government acquiring land for private enterprises. “There will be a rush for PPPs to avoid the 80 per cent consent norm. This is exactly what made the 1894 law seem draconian,” says Bharatiya Krishak Samaj chairman Ajay Vir Jhakar. According to Prof Singh, while it's impossible for any law to fully satisfy both developers and farmers, the government does have a creative way out with PPPs. “PPP is a catch-all term but the category is very diverse. It's a mistake to club all Together. The government should distinguish PPPs centred around real estate from PPPs that provide public goods and services,” he says. “We also have to accept government presence in acquisition as the only way to ensure accountability. The priority should be to ensure displacement is always the last resort,” says Harsh Mander, director, Centre for Equity Studies. He says the terrible impact on tribals and the poor when private companies acquire or resettle without government oversight nullifies the notion of consent on paper.

One of our main recommendations was that the government not acquires land for private firms and PPPs. That has not been accepted For all we know, the UPA will successfully manage these dissenting voicessome from within the Congress. The government has taken a give-and-take approach to fine-tune the draft (it's no longer public). “We want the 1894 law scrapped and a new law,” says Acharia. “But the bill needs further provision for tribal interests. The standing committee has not seen the current draft yet.” While that to-and-fro continues, the reality is that, apart from land acquisition, over 20 other laws impact land ownership, transfers, resettlement and compensation in India. In many cases, there are no land records and landless peasants and tenants are excluded. Skilful floor management may well see the UPA through but not without many hurdles along the way. April 2013 I Twin Cities REAL ESTATE BULLETIN I 25

A NEVER BEFORE PROPERTY EXTRAVAGANZA A One to One mass connect programme Real Estate Bulletin Mega Property & Home Style Expo, a property event that never happened in the history of Hyderabad until now, showcasing a plethora of Builders & Developers with their exotic & elegant projects along with exotic Food Festival, Games Zone & Entertainment Shows. The expo will bring the largest consortium of Realtors under one roof, be it an opulent building plaza or a colossal gated community it's all here in this property show. Visitors from all walks of life, an MNC employee or a naive street dweller, a business executive or a housewife, every one of them will stroll around the exhibited stalls. This will be a one stop venue for all the serious property buyers to interact with the exhibitors and strike a best deal. There will be unprecedented number of footfalls during the course of Expo spanning over three days. This Expo will be a gateway for a stupendous business opportunity, so come and be a part of it.

MEGA

PROPERTY

& HOME STYLE EXPO

21 22 23 June 2013 @ HITEX - HYDERABAD We are committed to make this expo a grand success in terms of total footfall of possible buyers and presence of all types of realty firms selling properties and home style products. We have advertisement route where in the mega show event information will reach to he highest number of people across all sections. Leading print, outdoor, FM, TV, Ooh media will be covered and the expo will be visited by thousands of people across the City, State, Country and abroad. The one to one connect programme will also take the show to great miles ahead in terms of actual buyers visiting the event. Huge number of gifts are also planned to attract the visitors to the event. This Mega Show will be “The Event of the year”

NOT JUST A PROPERTY SHOW BUT A MASS CONNECT PROGRAMME WITH LOT OF INNOVATIVE PLANS TO HAVE NOT JUST RESULTS BUT “GREAT RESULTS” For sponsorships and associations, mail to info@amstar.cc or call 040-31000815, 040-46464747, +91 9550001900, +9I 9010683802

LAYOUT FOR MEGA PROPERTY & HOME STYLE EXPO

PROPERTIES HALL & HOME STYLE HALL Exit

F 20 F 66

F 21 F 67

F 22 F 68

F 23 F 69

G 01 G 02 G 03 G 07 G 08 G 09

TOILETS

G 04 G 05 G 06 A 10 626G 11 G 12 G

F 24 F 70

F 25 F 71

F 26 F 72

MEGA

F 27 F 73

PROPERTY

& HOME STYLE EXPO

F 28 F 74

F 19 F 65 F 18 F 64

C 01 C 17

C 02 C 18

C 03 C 19

21 22 23 June 2013

F 29 F 75

C 04 C 20

@ HITEX, HYDERABAD

F 30 F 76

F 17 F 63 F 16 F 62

C 05 C 21

F 15 F 61

E 01 E 09

F 14 F 60 F 13 F 59

C 06 C 22

E 02 E 10

C 09 C 25

E 03 E 11

E 04 E 12

C 10 C 26

C 07 C 23

E 05 E 13

E 06 E 14

C 11 C 27

F 31 F 77

C 08 C 24

E 07 E 15

F 32 F 78

E 08 E 16

F 33 F 79 F 34 F 80

C 12 C 28

Emergency Exit

F 12 F 58

C 13 C 29

C 14 C 30

C 15 C 31

F 35 F 81

C 16 C 32

F 36 F 82

F 11 F 57 D 01 D 09

F 10 F 56

D 02 D 10

D 03 D 11

D 04 D 12

D 05 D 13

D 06 D 14

D 07 D 15

D 08 D 16

F 37 F 83

PROPERTIES HALL A

6x8 48Sqm

6x6 36 Sqm

4x6

F 39 F 85

3x6 18 Sqm

8 nos

3x4 12 Sqm

8 nos

F 07 F 53

F 40 F 86

3x3

9 Sqm

46 nos

2x3

6 Sqm

6 nos

F 06 F 52

F 41 F 87

F 09 F 55

F 38 F 84 B 01 B 09

F 08 F 54

B 05 B 13

F 05 F 51

B 02 B 10

B 06 B 14

B 03 B 11

B 07 B 15

B 04 B 12

B 08 B 16

F 43 F 89 A 01 A 05

F 03 F 49

A 02 A 06

A 03 A 07

Total

F 42 F 88

F 04 F 50

F 44 F 90

A 04 A 08

F 02 F 48

F 45 F 91

F 01 F 47

F 46 F 92

24Sqm

8 nos 16 nos

96 nos

HOME STYLE HALL A

6x8 48Sqm

6x6 36 Sqm

4x6

3x6 18 Sqm

8 nos

3x4 12 Sqm

8 nos

24Sqm

4 nos 8 nos 16 nos

3x3

9 Sqm

46 nos

2x3

6 Sqm

6 nos

Total Entrance

4 nos

96 nos

Entrance

STALL RATES S.NO

Type

Size (Mts.)

Area (Sq. Mts.)

No. of Stalls (Both Halls)

Rate (Rs)

70,000

2X3

3X3

1,00,000

3X4

1,50,000

3X6

2,00,000

4X6

2,75,000

6X6

4,00,000

6X8

5,50,000

Financial Terms & Conditions:

Service Tax @ 12.36% extra. 50% of amount at the time of booking and balance on or th before 20 May 2013.

LEGAL GYAN

ALL INDIA STAMP DUTY READY RECKONER Sr. No.

Rate of Stamp Duty

State

Remarks

Andhra Pradesh

(a) 5% (b) 5% plus 5% transfer tax on transfer = 10%

of consideration or market value of property, whichever is higher

Assam

8.25%

of consideration

Bihar & Jharkhand

of consideration or market value 7% + 2% duty on transfer (for property within municipal limits) i.e. 9% + additional surcharge whichever is greater @ 10% of amount of stamp duty.

Goa, Daman & Diu

of consideration

Gujarat (a) conveyance of immovable property

8% Note: (i) additional 25% for property in urban areas. (iii) Additional stamp duty is chargeable in case of instruments relating to conveyance of vacant land in urban areas @ 50% of stamp duty for Urban areas and 25% for areas other than urban areas 8% Note : Additional 25% stamp duty for property in Urban areas

of the consideration or the market value whichever is greater.

(b) conveyance of immovable property if it relates to a premises of a co-operative society registered or deemed to have been registered under the Gujarat Co-operative Societies Act, 1961 by such society in favour of its member or such member in favour of another member.

of the consideration or the market value whichever is greater.

8% of the consideration or the market Note : Additional 25% stamp duty for property in value whichever is greater. Urban areas

(c) conveyance relating to a premises (i) of a corporation formed and registered under the Bombay Non-Trading Corporation Act,1959 or (ii) of a Board constituted under the Gujarat Housing Board Act, 1961 or Gujarat Rural Housing Board Act 1972 (iii) to which provisions of Gujarat Ownership Flats Act, 1973 apply. Haryana

12.5%

of consideration for sale in instruments.

Himachal Pradesh

of consideration

Karnataka (1) property situated within the limits of (i) Bangalore Metropolitan Regional Development Authority (ii) City Corporation or city or Town Municipal Council or any Town Panchayat other than the areas specified in item No. (I) above (iii) any area other than areas specified in items (i) and (ii) above. (2) where property relates to first instrument of conveyance executed by promoter, a land owner or developer pertaining to a flat or defined under Karnataka Ownership flats Act, 1972 or Apartment as defined under Karnataka Apartment Ownership Act, 1972 or transfer of shares by or in favour of Co-operative Society or Company.

10% 9% 8%

of the market value of the market value of the market value

(i) 2%

of the market value not exceeding Rs.3 lakhs. of the market value exceeding Rs.3 lakhs but not exceeding Rs.5 lakhs of the market value exceeding Rs.5 lakhs, but not exceeding Rs.10 lakhs of the value exceeding Rs.10 lakhs (if situated in the Bangalore Metropolitan Regional Development Authority of the value exceeding Rs.10 lakhs (if the property situated in area other than the Bangalore Metropolitan Regional Development Authority of consideration

(ii)Rs.6000/- + 3% (iii) Rs.12000/- + 6% (iv)(a) Rs.42000/- +8% (iv)(b) Rs.42000/- +7%

Kerala (a) for transfer of immovable property situated within the Municipal Corporation or Municipalities (b) Other than in (a) above

Madhya Pradesh and Chattisgarh

Manipur

Maharashtra within Municipal Corporation of Greater Bombay, Pune, Thane, Navi Mumbai (a) for transfer other than in (b) (b) if relating to residential premises consisting of building or unit by or in favour of society registered or deemed to have registered under Maharashtra Co-operative Societies Act, 1960, or to which the Maharashtra Ownership Flat Act, 1963, or provisions of the Maharashtra Apartment Ownership Act, 1970, apply or by such society in favour of its member or by a member of such society to another member.

Meghalaya

Manipur

8.5% Note : A surcharge of 4% in municipal areas and 5% in corporation area is to be levied separately. of consideration 6% Of market value 7.5% Note : Additional duty of 4% on value of property on instruments of sales is payable immovable property within limits of corporation. 7% On market value of property or consideration whichever is greater. 10% I. upto Rs.1.00 Lakh – Nil. ii. Rs.1.00 Lakh to Rs.2.5 Lakhs – 0.5 % of Value. iii. Rs.2.5 Lakhs to Rs.5.00 Lakhs – Rs.1,250/- + 3% of value above Rs.2.5 Lakhs. iv. Rs.5.00 Lakhs to Rs.15.00 Lakhs – Rs.8,750/- + 6% of value above Rs.5.00 Lakhs. v. Value exceeding Rs.15.00 Lakhs – Rs.68,750/- plus 8% of value above Rs.15.00 Lakhs. (I) upto Rs.50,000/- - 4.6 % (ii) more than Rs.50,000/- and upto Rs.90,000/- - 6 % (iii) more than Rs.90,000/- and upto Rs.1,50,000/- - 8% (iv) more than Rs.1,50,000/- - 9.9% 7%

On market value.

Of the consideration Of the consideration Of the consideration Of the consideration of the consideration or market value whichever is greater

LEGAL GYAN Sr. No.

Rate of Stamp Duty

State

Nagaland.

7.5%

Orissa

4.2% +

Remarks of consideration in instrument or market value whichever is greater of consideration in instrument or market value whichever is greater of consideration in instrument

Note : (i) additional stamp duty of 10.5 % for property in urban areas (ii) additional stamp duty of 6.5% for property in rural areas of consideration in instrument 17 18 19

20 21

Punjab. 6% 11% Rajasthan. Tamil Nadu - (a) Property within cities of Madras and Madurai & 8% Municipal towns of Coimbtore Salem and Tiruchhirapalli (b) if any other property 7% 5% Tripura Uttar Pradesh 8% additional 2% stamp duty in areas to which U.P.Awas Evam Vikas Parishad Abhiyan is extended (Allahabad, Agra, Kanpur , Lucknow)

of consideration of market value of property of market value. of market value. of consideration. of consideration or market value whichever is greater.

West Bengal

5% plus surcharge @1/5 of the stamp duty plus + 2% of the market value. additional duty under Calcutta Improvement Act, 1911.

Union Territory of Delhi.

3% stamp duty plus additional 5% duty in form of of consideration surcharge under Delhi Municipal Corporate Act, 1957.

A.P. STAMP DUTY DETAILS Sr. No. 1

Nature of Document

4 5 6 7 8 9

Registration Fee.

(b) Special Grade & Selection Grade municipalities (c) Other areas (d) Apartments in all Municipal areas and the areas covered by the UDA VALUE (I) Where the value does not exceed Rs.2 lakhs (ii) Where it exceeds Rs.2 lakhs, But does not exceed Rs.3.5 lakhs

7% 6% As noted below

5% 5% 5%

1% up to Rs.50000 & 0.5% thereafter Do Do Do

Rs.12,000. Rs.12,000+4% on the value above Rs.2 lakhs. (Rs.18,000+6% on the value above Rs.3.5 lakhs. Rs.39,000+8% on the value above Rs.7 lakhs.

5% 5%

Do Do

8% 7% 6% 5%

Nil Nil Nil

Do Do Do

Nil

5% 5%

Nil 5%

Do Do

3% Nil

Nil Nil

Do Rs.25

Rs.5

3% 6% 3%

Nil Nil Nil

Do Do

Partition. 3% on the value of separated share

Nil

(iv) Where it exceeds Rs.7 lakhs

Transfer Duty

Sale Deeds (a) Corporations

(iii) Where it exceeds Rs.3.5 lakhs, but does not exceed Rs.7 lakhs

Stamp Duty Rates for A.P.

Sale Agreement with Possession. (a) Corporation (b) Special & Selection Grade Municipalities (c) Other areas Sale agreement with possession (irrespective of location of property Agreement for development/construction Mortgage with possession Mortgage without possession Mortgages executed the employees of the State Govt./Central Govt. in favour of the Governor/the President for HBA purposes. Gift. Settlement in favour of (a) Family members (b) Others

Settlement for religious or charitable purposes.

Exchange

13 14

Nil

3% on the total rent 3% on average annual rent. 5% on average annual rent. 5% on twice the AAR

Nil Nil Nil Nil

Do Do Do Do

Release Lease deeds (a) Without premium or advance in addition to the rent for (i) Less than one year (ii) 1 year to 5 years (iii) 5 years to 10 years (viii) In perpetuity (b) With premium or advance and no rent. (c) With premium or advance in addition to the rent. Power of Attorney for sale or constructions or development.

5% on the value of the property or the cost of constructions or development

Nil

Rs. 20

Power of Attorney for other purposes.

Nil

Rs. 20

Special Power of Attorney

Rs. 20

Nil

Rs. 20

1% up to Rs.50000 and 0.5% thereafter.

BANGALURU REPORT

Metro Rails The life line of Bengaluru City

estate sector in Bangalore depending on its next route plans. Real estate sector are going to raise valuations to higher levels with new projects in the making. The routes along the subways of metro rail are going to be in higher demand compared to other locations for real estate mainly because metro rails would add more convenience to the people living or working nearby metro. This turns the locations to become more attractive for residential and commercial properties leading to huge rise in process due to more demand. Moreover, investment in properties is mainly considered as one of the best hedging options against inflation in this economy. And for this, Bangalore real estate sector proves to be the best and safest option for investment not only to the Indian developers, buyers and investors but also to the NRIs and foreign investors. Bangalore properties are soon going to be sold like hot cakes due to great impact of Metro Rails in this beautiful Garden City which could be the "Pride of India". Investing in Bangalore real estate with the starting of metro rails has become ultimately beneficial for the buyers as now they are able to get better price quotations due to high competition. This is because of more number of developers concentrating on developing better projects in Bangalore with the major problem of commuters being solved by Metro rails. "Namma Metro Rails" are going to immensely improve connectivity in Bangalore for many locations.

The Metro Rail has become one of the main attractions for Indian and international investors to find "New Growth Avenues" for development in Bangalore. There has been 15-20% rise in prices of properties in areas where metro rail is passing

ith the truly alarming rise in population, challenging infrastructure, traffic congestions in Bangalore, "Metro Rails" have come as huge relief for people. Metro rail connects the east-west and the north-south corners of the city. Metro Rail is linking BMTC and Kempegowda bus stands and railway stations covering busiest residential and commercial areas. This has become one of the main attractions for Indian and international investors to find "New Growth Avenues" for development in Bangalore. The property prices in Bangalore have been deeply affected by Metro rails. The locations like Byappanahalli, Mysore Road, Indira Nagar, Ulsoor, Rajajinagar, Malleshwaram, Vijayanagar, Magadi Road and many other areas from where metro rail is passing have gained huge benefits with 15-20% rise in prices of properties. All this is because of the metro rail effects. In the future the Karnataka Government will be thinking about stretching metro rails to areas like Whitefield and Madiwala which would attract more developers and investors to eyeing on these areas to start their latest projects. By this they will be in better position to encash on top property values with fast development in these areas due to metro. In other Words it's as though Metro Rails have become triggers for exponential growth in Real Estate Sector in Bangalore. Metro rails are a fabulous answer to transportation and infrastructure issues in Bangalore leading this garden city to become one of the truly developing cities in India and having a competitive edge on other Global cities. The Bengalurians can proudly say that their city is one among the eight metros that have metro rails. Metro rails being fast mass transit system has great impact on the development of real 30 I Twin Cities REAL ESTATE BULLETIN I April 2013

The East-West corridor is 18.10 km. long, starting from Byappanahalli and terminating at Mysore Road terminal, going via Old Madras Road, Indiranagar, C.M.H. Road, Ulsoor, Trinity Circle, M.G. Road, Cricket Stadium, Vidhana Soudha, Central College, Majestic, City Railway Station, Magadi Road, Hosahalli, Vijayanagar and Deepanjali Nagar. Where as The 14.90 km. North-South corridor begins at Yeshwantpur Terminal and terminate at R.V. Road terminal going via Mahalakshmi, Rajajinagar, Kuvempu Road, Malleswaram, Swastik, Majestic, Chikpet, City Market, K.R. Road, Lalbagh, South End Circle and Jayanagar. The Real Estate values are escalating in and around the above mentioned areas, which are experiencing 15-20% rise in capital and rental values as compared to the others. The real estate sector has had a progressive impact on the micro-markets in Bangalore in areas including east-west corridor from Baiyappanahalli terminal to Mysore Road terminal and along the north south corridor from Puttenahalli to Anjanapura Township along the Kanakapura Road. Due to the development of Metro, there are many builders coming up with new projects that will bring significant changes in the vicinity of the Metro pathway. After the completion of the Metro project, the real estate prices will shoot up to 25percent in the next five years. In Bengaluru, the impact of the Metro Rail project is strongly felt in the north, south, east and west of the city. With plans already afoot for Phase III of the project, this ambitious infrastructure project has changed the landscape of the city, stretching its boundaries further beyond and creating micro markets in the suburbs of the city. As the city grows, and the population increases, the main factor that will contribute to the city's realty appreciation will be connectivity. The bengalurian's has got a new lease of life, after dealing with traffic jams and bottlenecking of main junction points in the city. Metro rail has definitely come as a boon to the city dwellers and a blessing in disguise.

VIZAG REPORT

Vizag-Anideal destination forinvestors

or promoting Brand Vizag, the support services in the city need to be improved significantly to make it an ideal destination for investors. Though air connectivity has improved of late with the introduction of direct flights to Singapore and Dubai, route rationalisation is required by the Railways to reduce freight cost for the transporting products made by the units here. Failure to ensure free passage of traffic, particularly from the city to the industrial areas located at Gajuwaka and Atchutapuram, due to highway traffic passing through the city is a matter of serious concern among the existing units. They have been demanding development of a bypass road from Anakapally to Anandapuram along with construction of truck parking terminals. “We have all the ingredients to become a world-class city. But we need good execution and focus on developing support services. Basic traffic management and hygiene are a casualty,” Sanjit Singh Lamba, Managing Director of Eisai Pharma technology and Manufacturing said at a meeting conducted by CII on “Visakhapatnam moving forward: Challenges & Opportunities”. He said Vizag, with the setting up of Jawaharlal Nehru Pharma City and Common Effluent Treatment Plant, the region had the scope to have a turnover of $1 billion from pharma turnover in next three years. CII Vice-Chairman and Deputy Chairman of Visakhapatnam Port Trust G.V.L. Satya Kumar said there was a need to plan Light Rail Transit System (LRTS). The city's growth was propelled by setting of the port in 1933. “Once we complete mechanisation of coal and iron ore handling facilities, we will put an end to pollution caused by iron ore and coal in a couple of years,” he said. Container traffic from the city is increasing at 35 per cent per year. The city has the country's deepest container berth with an ability to handle big size vessels. “It can become a most sought after destination if the support facilities are developed. In fact, it has scope from Anandapuram to Anakapalle, to divert vehicles passing on the to be developed as a gateway to South East Asia in next five to six highway in city limits. RINL Director (Commercial) T.K. Chand said years through enforcement of zonal planning,” RINL Director Brand Vizag had been evoking good response in South and South-East (Commercial) T.K. Chand told. Asia and described how Vizag had the potential to grow as Singapore “We have several opportunities and challenges. We can overcome of India due to its rich hinterland, connectivity and strategic location. them through proper dialogue, cooperation and coordination,” He said RINL itself was investing $8 billion in next four to five years. District Collector V. Seshadri said when called for promoting Brand CII Vizag chairman G. Sambasiva Rao said both Visakhapatnam and Vizag to transform the city into a vibrant industrial hub. Gangavaram ports put together were handling 90 million tonne per Confederation of Indian Industry members expressed anguish at the annum and the throughput handled by them would double by 2016city not finding a place among top 50 cities in a survey conducted by a 17. He expressed concern at lack of parking terminals for trucks and reputed news magazine. He was speaking at a discussion on busses and referred to road congestion at Kurmannapalem and 'Visakhapatnam moving forward: Challenges & opportunities' conducted by Visakhapatnam zone of CII's Annual Day. Visakhapatnam nathayyapalem due to parking on the road. He said what the city needed immediately was developing huge parking Mr. Seshadri said Visakhapatnam had the location had the location lots including multi-layer parking complexes. advantage and its greatest strength is its peace-loving CII zonal vice-chairman and Visakhapatnam Port people. It has an excellent record in law and order with advantage and its greatest Deputy Chairman G.V.L. Satya Kumar said the problem of lush-green hillocks, sun-kissed beaches and readymade infrastructure. Problems like power, land and pollution strength was its pollution would come to an end once complete mechanisation was achieved by 2014. CII former chairman could be overcome in course of time, he stated. peace-loving R.V.S. Raju presided. CII AP Chairperson and Joint Managing Director of people. It had “Vizag's strength derives from robust telecom and Biotech International Ltd Suchitra Ella said CII was trying an excellent physical infrastructure, large pool of skilled manpower, to revive economic growth notwithstanding the record in law strategic location, conducive policy coupled with proactive challenges posed by global recession. She said IT units in and order with Government-backed initiatives,” said G. Sambasiva Rao, Visakhapatnam achieved a landmark by crossing export Managing Director of Sravan Shipping Services Pvt. Ltd. turnover of Rs.1,000-crore mark in 2011 and pointed out lush-green “Certainly these multiple facets of our engagement with that the city had a bright future due to availability of hillocks, sunEnglish-speaking workforce. There was good scope for kissed beaches global economy will help us propel its growth. Continued economic reform and liberalisation will help further to agro and marine-based food processing units, she said and hoped that PCPIR project would become operational and readymade boost the surging momentum and spread the benefits of infrastructure. economic growth to more recipients across the state and soon. country,” he said. Commissioner of Police B. Shivadhar Reddy said traffic woes in the city could be eased by a large extent if a bypass road was developed

April 2013 I Twin Cities REAL ESTATE BULLETIN I 31

NEWS

Source: News pages & Sites..

Retail leasing remains stable in Hyderabad

he focus of retailers in Hyderabad remained steady and revolved around prime high streets during third quarter resulting in a healthy demand. The first cash and carry store of Best Price by Wal-Mart opened in Rajendra Nagar. Leasing activity remained strong in locations such as Secunderabad, Abids and Himayat Nagar. While the overall stock at the end of third quarter this year has been estimated at 2.7 million sqft comprising 2.1 million at prime central and 6.25 lakh at prime suburbs, net absorption in the quarter was nil, according to Jones Lang LaSalle's periodical update on retail market. In third quarter, KFC, Kalaniketan and Canon are the retailers who have leased space in the city. Net absorption during the third quarter was nil and the vacancy level remained at 2.1%. Preleasing continued in malls that are under construction, but most existing malls did not see any major leasing activity, according to the report. Rental and capital values remained stable in third quarter. Rental values varied from Rs 100 per sqft per month in prime suburban locations to Rs 127 per sqft per month in prime central areas. However, improved demand and scarcity of mall space worked in favour of high streets, where healthy demand led to a rise in the rents. Capital values ranged from Rs 9,500 per sqft to Rs 13,500 per sqft depending on the location, developer, proximity to landmark areas and amenities offered in the project. However, investment interest in retail space remained low during the third quarter and no major transactions of retail space took place in the city. As regards outlook for retailing, with improved hiring activity expected to lift consumer confidence, demand for retail space is likely to improve in the coming months. Local and national retailers are predicted to expand their operations strongly in the city, especially on high streets. Among the malls under varying stages of implementation, specific mention must be made about Manjeera Majestic, Manjeera Trinity and Prestige Forum Crystal where good preleasing activity has been reported. At the same time scarcity of operational mall space may push the rental values marginally in the short to medium-term.

Cancel land allotment to Economic City within 4 weeks, HC tells state

ulling up the Kiran Kumar Reddy government for announcing decisions and not following up on them, the AP high court on Tuesday gave it four weeks time to cancel the 571-acre land allotment made to Economic City near Sultanpur in Medak district. The bench comprising Chief Justice Pinaki Chandra Ghose and Justice Vilas V Afzalpurkar gave this order while hearing a public interest litigation filed by Captain Lingala Panduranga Reddy who described this allotment as contrary to the public policy besides being violative of the AP (Telangana area) alienation of state land and land revenue rules. He also wanted the court to declare as illegal the concessions extended by the state to the M/s RAK investment authority, United Arab Emirates, which was brought in as a developer for this project. Since things did not move any further even after passage of five years ever since the allotment, the state had decided to cancel the allotment five months ago and the same was conveyed to the bench in earlier hearings. On September 29, 2012, the state government had directed the Andhra P ra d e s h I n d u s t r i a l I n f ra s t r u c t u re Corporation (APIIC) to terminate the joint

venture. When the matter came up for hearing on Tuesday, Gandra Mohan Rao, counsel for the petitioner, brought to the notice of the court that the state government, despite its claims to cancel the deal, is yet to issue a GO cancelling the allotment. The bench then wondered as to why the state is dodging even after deciding to nullify the allotment. Addressing the state counsel, the bench said “You have already taken a decision to cancel the allotment. Now issue a GO”. When the state counsel sought four weeks time, the bench gave him time but with a rider that the state should issue a GO and file a compliance report in the court after that. According to sources, the Hyderabad Economic City was to have been developed as an integrated financial hub with infrastructure facilities for banking, i n s u ra n c e a n d a s s e t m a n a g e m e n t companies apart from having an integrated health city that will include facilities for clinical and non-clinical services, hospitals, medical colleges, research services for clinical trials, drug delivery system, stem cell research and genetic research. The total extent of the Hyderabad Economic City was to be about 2000 acres.

f you are still scratching your head over buying property in Hyderabad because of the “Telangana uncertainty”, it's time for a rethink. Most builders and analysts in the city have concluded that the drop in real estate prices in Hyderabad has bottomed out, and that land or property prices can't go down any further. According to hardheaded economists, price is a reflection of demand and supply. But on the supply side, everyone knows land is a scarce commodity. And in the end, it's demand that determines the price. But investment demand apart, what are the key drivers for property sales? Better social infrastructure, that includes better connectivity (road, train and air), healthcare, and for those planning a family, good schools. “Hyderabad has all of the above,” a chief executive officer of one of top five IT companies in India, reposing his faith in the city, had said when he was once asked about the effect of the Telangana agitations on his company's expansion plans. According to Vijay Sen Reddy, executive director of Prajay Engineers Syndicate, “Good infrastructure is key for the real estate market. The Telangana issue will not stop infrastructure development in and around Hyderabad.”

a n a g sue n a l e T e an Is tate. Es or

No M bad Real ra e d y for H

ONLINE EDITION www.estatebulletin.in 32 I Twin Cities REAL ESTATE BULLETIN I 2013 April

NEWS

Spurt in commercial activities to drive office space demand in Hyderabad

yderabad has been experiencing many business activities lately. Many IT/ITES companies are planning to open offices while several have already opened new offices. Infosys opened a new office in Hyderabad last year with 6,500 employees. The strength is expected to increase significantly this year. Offices of other companies which are in the pipeline include IBM, TCS, Genpact, Cognizant, etc. Big corporations like Uppal Industrial Development Area (IDA), state and central government agencies like CCMB, ATI-EPI, NFL, ECIL, IICT, L&T ECC Infrastructure, Doordarshan, NIN, Ashok Leyland, HPCL, Hindustan Electricals Ltd., GSI, NGRI, Tata Institute, etc. have been in East Hyderabad for several years. The special economic zones (SEZ) of Hyderabad will soon see development of new offices. Technology and services related to technology will be the prime driver for the same. Nasscom opines that the product development sector will also bring 470 product start-ups in the city. The leasing activity in Hyderabad improved in the OctoberDecember 2012 quarter 'accounting for nearly 90 per cent of the total absorption'. According to Cushman & Wakefield Research Publication “Approximately 75 per cent of net absorption was pre-committed in the SEZ properties in the suburban micro market.” Raidurg and Gachibowli are the suburban localities which are supposed to house these new offices. Pocharam, Uppal and Shamshabad are other areas which are expected to see development in the coming months. 'The overall vacancy of the city remained stable at around 16 per cent compared to the

Real estate prices improved in Hyderabad

efying the intermittent uncertainty, the Hyderabad real estate market is showing definite signs of improvement. The overall scenario in and around the city during the last quarter has improved, especially in the residential sector. New projects were launched by Mahindra Life space, Aparna and Bangalore based Brigade Group. The growth, particularly in the western corridor from Madhapur hi-tech city to financial district, Gachibowli and Nanakramguda has been significant in that the number of inquiries is up along with the absorption. Apartment prices rose by 6-7 per cent in the last one quarter alone, according to realtors. Rentals are inching higher due to a spurt in demand. The price segment for apartments that is driving demand among both end users and investors is in the range of Rs 40 lakh Rs 70 lakh, according to leading developers. Absorption was the highest in the prime suburbs west sub-market, according to a survey by Jones Lang LaSalle. Higher sales were also recorded in the projects that are in the final stage of construction or for built units. At the same time, there continues to be a demand for new projects launched by leading developers. A significant development is the influx of end users who were fencesitters in the past in anticipation of a price reduction. With the recent marginal reduction in home loan lending rates and the developers holding on to the price level, there is a growing realization that the market has bottomed out. In a related development, Bangalore's leading developers like Prestige has signed a project. Salarpuria has already launched residential project and is working on the commercial project on seeing the growing potential in Hyderabad. The number of project launches during last year was also up at 5,980 units, up from 3,857 units in 2011. This is predominantly attributed to the flexibility on the part of the state government from the revision of G.O.45 to G.O.245. As the new launches were priced higher than the market average, and the city's secondary market prices rose due to increased construction costs, rentals and capital values are also up in every sub-market during the fourth quarter of 2012. As regards affordable housing, Kukatpally dominates the scene with apartment prices in the price range of Rs 35 lakh and above for which there is a growing demand.

previous quarter.’ The city witnessed a shortage in the supply of office space due to delayed execution of under-construction projects. In the last quarter of 2012 about 252,000 S. ft space was available. The shortage kept the vacancies low at around 7 per cent. Things are not predicted to change much in this quarter. Approximately 1-1.5 meter S. ft. will be available with the bulk of this coming up in Madhapur and Gachibowli. The rentals however are projected to stay stable in all the micro markets in the short term. Realtor Zubair from RZ Home Property Brokerage Services declares Madhapur as the main hub of Information Technology in Hyderabad. He quips that the area contains world class facilities and amenities requisite for IT business. Its close proximity to facilities like banks, metro rail, hospitals and its connectivity to major roads make it a preferred choice.

Water Board to launch 'save water' campaign

he Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB) will launch 'Save Water' campaign on Thursday. "The campaign, 'Save Water', will be launched through the media like All India Radio, FM radio, scrolls on news channels and posters in the city. We will tell people about the benefits of saving water," HMWS&SB managing director J SyamalaRao, "As citizens are utilizing potable water for gardening, washing cars, twowheelers and even washing their clothes, we want to educate people and send out a message saying 'water is precious'. The campaign will continue till monsoon," he added. The Water Board officials said chief minister N Kiran Kumar Reddy has directed the finance department to sanction Rs 51 crore for the summer contingency plan. "We explained to the chief minister about the water levels at Osmansagar and Himayathsagar and measure being taken to pump water through emergency pump sets at a review meeting at the CM camp office today," he added. In fact sensing danger, the HMWS&SB officials were making arrangements to install emergency pump sets at Nagarjuna Sagar reservoir.

Upcoming Metro pushes demand in Nagole, Hyderabad

agole is one of the fastest developing suburbs in Hyderabad. Strategically located between the two commercial hubs of Uppal and MP Nagar, the locality has developed into a prominent residential destination after the 2005 real estate boom. The ongoing Metro work has again put Nagole in the lime light pushing residential demand here.Nagole is the starting point for Metro which is planned in three phases. The first phase, which is expected to be functional by 2014, connects Nagole to Miyapur. The second phase would connect the locality to Hi-tech City and the third phase to Mehdipatnam. It takes more than one hour to reach Miyapur, Hi-tech City or Mehdipatnam by road. With the metro coming the travelling time to these locations would be reduced to 10-20 minutes. “A lot of professionals working in these locations are shifting from nearby residential localities such as L B Nagar and Dilsukhnagar to Nagole in order to get direct metro connectivity to their work places,” says Mohd Ansari, owner, Ansari Estates 99. Thus Nagole is witnessing a huge influx of population on the lookout for both rented as well as units for sale. “The locality has witnessed a price appreciation of nearly 25-50 per cent in the capital values of multi-storey apartments in the last one year, says Anand Reddy, marketing manager, My City Properties India Pvt Ltd. At present the rates for multi-storey apartments vary between Rs 3000-6000 per sq ft depending upon the developer and the facilities offered. The rental values vary between Rs 6000 and 8000 per month for a 2BHK unit while it ranges from Rs 8000-10,000 per month for a 3BHK apartment. Values for residential plots vary from Rs 18,000-20,000 per sq yd. “It is the right time to invest in a plot here as within a period of 2 years one can expect an appreciation of almost 100 per cent,” adds Reddy. As the physical and social infrastructure is already in place, the coming of Metro would prove to be an icing on the cake. Thus Nagole is all set to develop into a residential destination choice for many.

April 2013 I Twin Cities REAL ESTATE BULLETIN I 33

THE LAW

THE ANDHRA PRADESH APARTMENTS (PROMOTION OF CONSTRUCTION AND OWNERSHIP) (AMENDMENT) ACT, 1987 Real Estate Bulletin brings you the complete Law of A.P Apartments to have a better understanding of the Apartments / Mass Housing sector, as we sincerely believe knowledge is power and it's our endeavour to power you with your rights. We shall cover this whole act of A.P Apartments (Promotion of Construction and Ownership)Act, 1987 in regular parts every month. The same act is also available in our website www.estatebulletin.in in whole. 15. Fire protection requirements for apartment buildings or buildings with Flats more than 15 M. in Height:(1) General:-In addition to the provision of Part IV Fire Protection National Building Code of India, Chief Fire Officer of the area, may insist on suitable provisions in building from fire safety and fire fighting point of view depending on the occupancy and height of buildings. (2)Construction Building Materials:- a) Load bearing element of construction and elements of construction for which the required fire resistance in one hour or more shall be of noncombustible material interior finish materials (wall, Panellings, Floor converings, etc.) may be permitted of materials having their rating for flames spread and smoke developed not exceeding a very low flame spread limit in accordance with IS: 1642-1960 (Class I) ceiling limings shall be of non-combusitble or of plaster board. (b)Stairways and corridors shall not contain combustible materials, structural members such as support and bearing walls shall have fire resistance rating of 3 hours transom and ceilings 2 hours to hours. (c) Internal walls and partitions separating corridors from areas of floors that are used for any purpose other than calculation shall have a fire resistance of not less than one hour. There shall be no opening in such walls other for door or delivery hatches with fire resistance of not less than half an hour to one hour, Fire sections (fire walls) sub-dividing the building the building to prevent fire spread shall have a fire resistance rating of not less than two hours. (d)Facades shall consist of noncombustible during materials. A fire must bridge a distance of atleast 0.9metres between storeys. (3) Staircase Enclosures for building more 15 M in height: (a) The internal enclosing walls of staircase shall be of brick or R.C.C construction having fire resistance of not less than two hours. All enclosing staircases shall be reached via ventilated lobby and shall have access through self closing doors of at least half an hour fire resistance. There shall be single swing doors opening in the direction of the escape, The door shall be fitted with check action door closures. (b)The staircase enclosure on external wall of the building shall be v ventilated to atmosphere at each landing. (c )Permanent vent at the top equal to 5% of the cross sectional area of the enclosure and open able sashes at each floor level with area equal to 15% of the cross sectional area of the enclosure on the external wall shall be provided. The roof of the shaft shall be at least Im above the surrounding roof. There shall be no glazing or glass bricks in core of the buildings and cannot be ventilated at 34 I Twin Cities REAL ESTATE BULLETIN I 2013 April

each landing a positive pressure of 5 M M w. g by an electrically operated blower/blowers shall be maintained. (d)The mechanism for pressurizing as staircase shaft shall be so installed that the same shall operate automatically and also with manual operation facilities, when the automatic fire alarm operates. (4)Lift Enclosures:- (a)The wall enclosing lift shalft shall have a fire resistance of not less than two hours. Shafts shall have permanent vent at the top not less than 1800 Sq.m (0.2 sq.M) in clear area. Lift motor rooms shall preferably be sited at the top of the shaft and shall be separated from lift/shafts by the enclosing wall of the shaft or by the floor of the motor rooms. (b)Landing doors in lift enclosures shall open in the ventilated or pressurized corridor/loby. (c )The number of lifts in one lift bank shall not exceed four shaft for fire lift in a lift bank shall be separated from each other by a brick masonry of R.C.C wall of fire resistance of not less than two hours. (d)If the lift shafts and lift lobby are in the core of the building a positive pressure of not less than 2.5 MM and not more than 3 MM w.g by an electrically operated blower/shall be maintained in the lift lobby and positive pressure of not less than 5 MM w.g. shall be maintained in the lift shaft. The mechanism for presurzing the lift shaft and lift lobby shall be so installed that they shall operate automatically when the automatic fire alarm operates. (e)Exit from the lift lobby if located in the core building shall be through a self closing smoke stop door of half hour fire resistance. (f)The lift machine room shall be separate and no other machinery shall be installed therein. (g) Lifts shall not normally communicate with the basement. However one of the lifts may be permitted to reach the basement level provided the lift lobby at each basement level is pressurinzed and separated from the rest of the basement areas by smoke actuated fire resisting door of two hours fire resistance. These doors can also be kept in hold open position by an electromagnet device to be linked with smoke detector. (5)External windows:- Areas of the openable external window on a floors shall be not less than 2 Â˝% of the floor area. The locks for these window shall be fitted with budget lock of the floor carriage day type (which can be opened with the point of firemen's axe) (a)Each basement shall be separately ventilated. Vents with cross sectional area (aggregate) not less than 2.5% of floor area spread evenly round the perimeter of the basement shall be provided in the form of grills or breakable stall boards lights or pavement light or by way of shafts. Alternatively, a system of air inlets shall be

THE LAW provided at basement floor level and smoke outlets at basements ceiling level. Inlets and extracts may be terminate at ground level with stall boards or pavement lights as before but ducts to convey fresh air to the basement floor level have to be laid stall boards and pavement lift should be in position easily accessible to the Fire bridge and clearly marked Smoke Outlet or Air Inlet with an indication of areas served at or near the opening. (b)The staircase of basement shall be of enclosed type having fire resistance of not less that two hours and shall be situated at the periphery of the basement to be entered at ground level only from the open air and in such position that smoke from any fire in the storeys of the building and shall communicate with basement through a lobby provided with fire resisting self closing doors of one hour fire resistance. If the travel distance exceed 18.50m. additional staircase at proper places shall be provided. ( c )In multi-storeys basements intake ducts may serve all basement levels but each basement and compartment shall have separate smoke outlet duct or ducts. (d )Mechanical extractors for smoke venting system from lower basement levels shall also be provided: the system shall be a such design as to operate on actuation of heat sensitive detectors or speinkers if instated and shall have considerably higher performance than the standard units. It should also have and an arrangement to start it mutually and shall be designed to foundation at a temperature not less than 55oC. (e )kitchen working on gas fuel, departmental stores and shops shall not be permitted in basement/sub-basement. (6)Compartmentation (Fire Sections):- If the uncompartmented floor space on a floor exceed 750. Sq.m by it shall be separate in compartments each not exceed 750 Sq.m by means of fire walls of not less than two hours fire resistance. IN extended buildings, fire walls should be erected as distances not exceeding 40 metres. For floors with sprinklers the area also have a fire resistance by 50 percent. (7)Service Ducts:- (a)Service ducts shall be enclosed by walls having a fire resistance of not less than two hours. Doors for inspection of access shall also have a fire resistance not less than two hours. (b)If the cross sectional area exceeds 1 Sq.m. it shall be sealed where it passes a floor by carrying the floor through the duct. The floor within the duct shall be pieced for any service pipe or ventilation trunk and shall fit as closely as possible around any such pipe or trunk. ( c )A permanent vent shall be provided at the top of the service shaft or cross sectional area of not less than 460 Sq.cm. or 6.25 Sq.m for each 900 Sq/.m of the area of the shaft whichever is more. (8)Refuse chutes and Refuse Chambers:- (a) hoppers to refuse chutes shall be situated in well ventilated position and chutes shall be continued upwards with an outlet above roof level and with an enclosure wall of no-combustible material with fire resistance not less than two hours. The hoppers shall not be located within the staircase enclosure. (b)Inspection panie and hopper (charging station) opening shall. be fitted with tight fittings metal doors, covers, having a fire resistance of not less than one hour. (c) Refuse chutes shall not be provided in staircase walls, air conditioning shafts etc. (d)Refuse chambers shall have walls and floors or roofs constructed of non-combustible and impervious material and shall have a fire resistance of not less than two hours. They shall be located at a safe distance from exit routes. (9)Building Service:(a) Electrical Service (i)The electric distribution cables/waiting shall be laid in separate duct The duct shall be sealed at every alternative floor with non-combustible material having the same fire resistance as that of the duct.

(ii) Water mains, telephone lines, inter-com-lines, gas pipes or any other service line shall not be laid in the duct for electric cables. (iii)Separate circuits for water pumps lifts, staircases and corridor lighting and blowers for pressurizing system shall be provided directly from the main switch gear panel and these circuits shall be laid in separate conduct pipes so that fire in one circuit will not circuit will not affect the other. Master switches controlling essential services circuits shall be clearly labeled. (iv)the inspection panel doors and any other opening in the shift shall be provided with air tight fire doors having the fire resistance of the less than two hours. (v)Medium and two voltage waxing running shafts, and within false ceiling shall run in metal conduct. (vi)An independent and well ventilated service room shall be provided on the ground floor with direct access from outside or from the corridor for the purpose of termination of electric supply from the licensees service and alternate supply cables. The door provided for the service room shall have fire resistance of not less than two hours. (vii)If the licensees agree to provide meters on upper floors, the licensees by cables shall be segregated from consumers cube by providing partition in the duct. Meter rooms on upper floors shall not open into staircase enclosure and shall be ventilated directly to open air outside. (viii) PVC cables should have an additional sheathing or protection provided by compounds sprayed on after installation because of the notorious secondary damage in case of fire. (b)Rown GAS/LP Gas Supply Pipes Where gas pipes are run in the building the same shall be run in separates shafts exclusively for this purpose and these shall be on external walls away from the staircases. There shall be no interconnection of this shaft within the rest of the floors Gas meters shall be housed in a suitably constructed metal cupboard located at well ventilated space at ground level. (c )Staircase and Corridor Lightings (i)The staircase and corridor lighting shall be on separate circuit and shall be independently connected so as it would be operated by one switch installation on the ground floor easily accessible to fire fighting staff at any time irrespective of the position of the individual control of light points it any. (ii)For assembly, institution building, the alternative source of supply may be provided by battery continuously trickle charged from the electric means. (iii)Suitable arrangements shall be made by installing double throw switches to ensure that the lighting installed in the staircase and the corridor do not get connected to two sources of supply simultaneously. Double throw switch shall be installed in the service room for terminating the stand by supply. (iv)Emergency lights shall be provided in the staircase/corridor for assembly, and institutional buildings. (d)Alternative Source of Electric Supply A stand by electric generator shall be installed to supply power to staircase and corridor lighting circuit, fir lifts, the standby fire pumps, Pressurization fans and blowers smoke extraction and damper system in case of failure of normal electric supply. The generator shall be capable of taking starting current of all the machines and circuits stated above simultaneously. If the stand-by pump is driven by diesel engine, the generator supply need not be connected to the standly pump. Where parallel/HV/LV supply from a separate sub-stations provided with appropriate transformer for emergency the provisions of generator may be waived in consultation with the Chief Fire Officer of the area.

To Be Continued........ April 2013 I Twin Cities REAL ESTATE BULLETIN I 35

NCP

HYDERABAD

NEW

CONSTRUCTION PROJECTS WITH RATING Rating is based on the evaluation of the Real Estate Bulletin Team in the aspects of the organization track record, financial flexibility, structural quality, legal liability, project funding, finishes, amenities, vaasthu, innovation in technology, design etc. Along with all these, market feedback is also taken into consideration. However we do not guarantee or suggest the positive or negative perceptive of the project or the company but we help our reader or the referral person of these ratings, in taking an independent and informed decision while purchasing or investing in any of these properties..

Type : roperty pvt ltd. P r ty A d d re s s : pe : R n ts . P ro yd. Possession: Builder a p a rt m e H l , a ls ti a il n h e d ra ja Re si bad. Are colony, Ban ally , Sec. Sriniketan . Location: Komp room: 2/3 BHK 13 ed e: n o h P March 20 5 - 1653 Sqft. B . y 15 e r re d d Range: 1 e r s o n : N a re n d P t . c 2 ta 5 0 n Co 546 74, 40-23 92465032

IK RV's ADV .v.nirmaan

tial den 8i s e 6& e: R Typ 2-120/8 sion: y t s r 8ope osse 90 No: ONT eers. Pr Floor, D. yd-34. P : 810-11 ds. R F E r e t n H i a s g K LA Eng ills, , onw Ran ss: 1 RIYA napriya y Addre anjara H i. Area 7 Lakhs 9552365 P A r t B a N 1 5 r J u , 9 : e A p 2 J e 9 : p ik Pro lder No.: n: Sain ng Pric one: Bui ments. Road i h o t i P r t a t a . , t r y Apa /86/ 1 ths. Loc BHK. S edd om. 0 n R n .c 2-12 in 6 mo m: 2/3 va Kira apriya n i o a h S j t o i dr W s@ : so n sale . Be Sq.ft act Per E-mail: . t Con 552365 9 5 99

Western Plaza Builder : Western Constructions. Property Type : Residential Apartments. Property Address: Dargah Hussain S h a w a l i , R a i d u r g , O p p . O . U . C o l o n y, N e a r WhisperValley,Hyderabad. Possession: 2013. Location: Near Whisper Valley, Raidurg. Area Range: 1950 3325 sq.ft. Bedroom: 3 BHK. Starting Price: 66.3 lacs onwards. Phone No: +91 40 2356 2011 / 2356 1021 / 9963995721. Email: marketing@westernconstructions.com.

36 I Twin Cities REAL ESTATE BULLETIN I 2013 April

AXIS HOMES Builder : Axis Constructions. Property Type : Residential Layout. Property Address: Patelguda, Near Krishna Reddy Peta, Patancheru, Medak District. Possession: Dec - 2013. Location: Beeramguda. Area Range: 1000Sft 1650Sft. Starting Price: Rs 40 Lakhs. Contact Person: Murli Krishna Pasupu. Phone: 9959191226.

SMR VINAY FOUNTAINHEAD Builder: SMR Builder. Property Type: Ultra Deluxe Apartments. Property Address: Plot no 73, 5th Floor, Nagarjuna Hills, Panjagutta, Hyd-82. Possession: April 2013. Location: Miyapur. Area Range: 1425 to 1935 sqft. Bedroom: 2 /3 BHK. Phone: 23353722, 23353726. Contact Person: Madhu.

HYDERABAD

URE GNAT I S A DAY odaya pe : USHO sh ty Ty

per er : U Build ctions. Pro nts. e ru Const tial Apartm Sy. No. 164 n : e s s d i e s r , Re Add y t Nagar r e e hisre 500049. Prop t p e e ,D adion: & 165 r, Hyderab Locat 1 . u 3 p a 1 y 0 Mi 60 : 2 ssion nge: 1 HK. Posse r. Area Ra B 3 m: u Miyap .ft. Bedroo cs la , sq 2060 g Price: 48 06662244 1 n i 8 t : r e a n St ho rds. P onwa 3333. 05 9550

HYDERABAD

NCP

MAGNAM OPUS

Builder: Magna Infrat ech Pvt. Ltd. Proper ty Type : Residentia Property Address: l Apartments. Cyber Hills, Road no : 2 Gachibowli, Hyde Possession: Imme rabad -500071. diate. Location: Ga chibowli. Area Rang Bedroom: 2/3 BHK. e: 1175 - 2035 Sqft. Starting Price: 45.5 lacs onwards. Phone: 9391000023.

ARYAN Builder : Shweta Developers. Property Type : Residential Apartments. Property Address: #1-7- 69 / 1 & 2, S.D. Road, Sec-bad03. Possession: Dec-2013. Location: Suchitra Junction, Kompally. Area Range: 1928Sft 2011Sft. Bedroom: 3 BHK. Starting Price: Rs 46 Lakhs. Phone: 9248035203. Email:renu@shwetadevelopers.com

BUTTERFLY CITY Builder : Fortune Butterfly City. Property Type : Villas, open plots. Property Address: Fortune House, H. No: 1299H, Road No: 68, Jubilee Hills, Hyderabad-500033. Possession: 2013. Location: Srisailam Highway, Kadthal. Area Range: 350 500 sq. Yards. Bedroom: 2/3 BHK. Starting Price: 25 lacs onwards. Phone: 9059766014, 9490317147. E-mail: pykrao@gmail.com.

SKY CITY Builder : Oakwood Builders Property Type : Residential Apartments Property Address: Ida Bollaram Rd, Miyapur, Hyderabad. Possession: 2014 Location: Miyapur. Area Range: 907 to 1795 Sq. ft. Bedroom: 2 /3 BHK. Price : 2700 per sq.ft. Starting Price : 32 Lakhs onwards. Contact Person: Mr. Imad. Phone: 9866773300, 9177654181, 9866635181.

SYMPHO N

Y Builder: Safeway Infra. Proper t y Ty p e: Com Luxuriou fo r t s Villa s. Prope Address rty : Plot No G 12, Kris Residenc hna y, Besid e SB I B Madinag ank, uda, Hyd -50. Posses sion: D ec 201 Location 4. : Radial Ro a d 3 1 BHEL. Ar ea Rang e: 2030 S , Bedroom qft. : 3 + 1 BH K. Startin Price: g 4 8 la c s o Phone: 0 8886660 n w a r d s . 202. Email: in fo@safew ayinfra.in .

April 2013 I Twin Cities REAL ESTATE BULLETIN I 37

NCP

BENGALURU

VERTEX VENEXIA

ial ent esid asavi R : 7,V e : Typ s, #14 ssion : y e e t s r s m e ng Po Ho o pe YA es. Pr Stellar North. rea Ra T I m s: A lore CHA Ho . s AR Stellar Addre Banga allapur 000. L L STE der : perty ,1st Mn hikkab Rs. 570 l r o C ce : Bui ut. Pr d Floo on : Pri i o r g t y 3 n a c La plex rti . . Lo Sta 010 Com ediate 00Sft. ati. 012 6 w 4 m S 3 Im Sft - 2 son : 90 0 93, r 120 act Pe 08199 t 2 Con e : 96 n o Ph

Builder : Vertex Infras. Property Type : Residential apartments. Property Address : #710, 1st floor, 6th 'B' Cross, 16th Main, Koramangala 3rd Block, Bangalore. Possession : 2013. Location : Gunjur. Area Range : 1025 - 1170 Sqft. Bedroom : 2 BHK. Contact Person : Pradeep Kumar Reddy. Phone : 9844018804, 7849060002.

, rojects. COURT re South EARLS ri Vandana Infra P partments. Bangalo , S A te l : a a r G ti e n d lu Buil ad, Kud : Reside y Type Main Ro Propert ddress : Kudlu A y Gate. Propert n : Kudlu io t a . c e BHK. r o L lo m : 2 /3 2013. Banga o o C r E d D e : B .ft. ion Possess -1600 Sq ge : 1176 Kumar. n a R a e Ar : Mr. 12352. Person 7, 97397 Contact 9 8 0 8 7 8553 Phone :

TRANQUAIL HEIGHTS Builder: Saravana Buildwell. Property Type: Residential Apartments. Property Address: Kudlu Main Road, Kudlu Gate, Bangalore South, Bangalore. Possession: JULY- 2013. Location: Near sambharam Engineering College Vidyaranyapura. Area Range: 1175 sqft-1832 sqft. Bedroom : 2 /3 BHK. Price : 3400 per sq.ft. Starting Price : 39.95 Lakhs. Contact Person : Rajesh. Phone : 9663200555.

38 I Twin Cities REAL ESTATE BULLETIN I 2013 April

GOLDEN PANORAMA Builder : Golden Gate Properties. Property Type : Residential Apartments. Property Address : Golden House, #820, 80ft Road, 8th Block , Koramangala, Bangalore560095. Possession : 2014. Location : Off Kanakpura Road. Area Range : 1210 to 1785 Sq. ft. Bedroom : 2 /2.5/3 BHK. Price : 3800 per sq.ft. Starting Price : 67.83 Lakhs onwards. Contact Person : Sithara Jehad. Phone : 9035475814, 080-42995555.

VISAKHAPATNAM

rs. ts. RK elope l Plo A P v e ia AL De ent lbe TR yam esid or, E ad, N CE hash ed R Flo in Ro 4. t th Ma 201 al. d r: B Ga : 4 de ype: ress tam Dec Man l i a u d a : T B ty d n am ad ds. er rty A nkar essio enk q. Yr p D o e Pr rop cs, Sa Poss am, 400 s K. , . var 0 P ssi 6 BH 04 1 i m Cla AG- Akk e: 12 2/3 0851 .co VIZ ion: ang om: 849 22. mail t R ro 1-9 21 @g a ca Lo Are Bed : +9 4225 yam e bil -95 ash Mo +91 arbh d en ah m : ail Em

VISAKHAPATNAM

NCP

ried ultisto pe : M y T , y a t r er S Nh5 avadha . Prop GREEN roperties LLP 9-21-40, Madh ocation: M U S :3 4. L 3 LAN sum P m: 2 / ddress ptember 201 r : Lan edroo erty A e B p S . o Builde t : r f . n q P a ents. sessio 2175 s rson: Srilat Apartm patnam. Pos nge: 1610 tact pe a a h R k hs. Con Area Visha k . a a r L a 8 h 5.0 vad rice: 2 Madha rting P 01. a t S . K BH 0382 : 9346 Phone

SARDAR NEST Builder: Sardar Projects Pvt. Ltd. Property Type: Residential Apartments. Property Address: Kanithi Village, Opp. to Durganagar, Gajuwaka,Visakhapatnam-44. Possession: Immediate. Location: Gajuwaka. Area Range: 1050 1275 Sqft. Bedroom: 2/3 BHK. Mobile: 9440907065, 9676664422. Email : info@sardarprojects.com.

VEDULLA RESIDENCY

SRIRAM PANORAMA HILLS Builder : Sriram Properties. Property Type : Premium Apartments & Villas. Property Address: #101-103, 9-17-27/1,VIP Road, CBM Compound, Visakhapatnam-03. Possession: March 2013. Location: Yendada, Vishakhapatnam. Area Range: 1282- 2375 sq.ft. Bedroom: 2/3/4 BHK. Phone No: +91-891-6699299, 0891-6699222. Email: enquiry@shrirampanoramahills.com

Builder: Srujana Builders. Property Type: Residential Apartments. Property Address: Old CBI, Chinna Waltair, Siripuram,Vizag City. Possession: Within 6 months. Location: Old CBI. Area Range: 810-1190 Sq.ft. Bedroom: 2/3 BHK. Contact Person: Ramesh reddy. Phone: 9000922731. E-mail: rameshbaireddy@gmail.com.

April 2013 I Twin Cities REAL ESTATE BULLETIN I 39

HYDERABAD

LAND RATES

Land & Built up Rates S.No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76

AREA Abids Amberpet Ameerpet Alwal Appa Junction Ashok Nagar AS Rao Nagar Attapur Bachupally Bandlaguda Banjara Hills Barkatpura Begumpet Bibi Nagar Boduppal Bollaram Bowenpally Chanda Nagar Chikkadpally DD Colony Dilsukhnagar East Maredpally ECIL Gachibowli Gajularamaram Ghatkesar Habsiguda Himayathnagar Hitech City Hyderguda Hydernagar Jubilee Hills Kachiguda Khairatabad Kokapet Kompally Kondapur Kothapet KPHB Kukatpally L B Nagar Lingampally Madhapur Madinaguda Malkajgiri Mallapur Manikonda Masab Tank Medchal Mehdipatnam Miyapur Motinagar Musheerabad Nagaram Nagole Nallagandla Nallakunta Nampally Nizampet Padmarao Nagar Panjagutta Patancheru Pragati Nagar Prasanthnagar Rajendra Nagar Ramanthapur RTC X Roads SR Nagar Sainikpuri Saket Sanath Nagar Santhosh Nagar Secunderabad Shadnagar Shaikpet Shamshabad

RESIDENTIAL (Rs/sqft) 2700 - 4500 1800 - 4000 3500 - 5200 1964 - 2262 2438 - 2809 3800 - 4500 2000 - 3000 2251 - 2436 1800 - 4000 2200 - 3000 5000 - 10000 4000 - 4800 3400 - 5000 2000 - 2500 2200 - 2600 1800 - 2800 2000 - 3000 2000 - 3000 3000 - 3800 3500 - 4800 2000 - 3500 4200 - 5000 2200 - 3200 3000 - 7500 2200 - 2800 1580 - 2175 3500 - 4500 3500 - 5000 5000 - 10000 3000 - 3500 2500 - 2800 5050 - 7500 2050 - 2650 3850 - 4500 2500 - 3000 2100 - 2400 1850 - 2450 2000 - 2500 2800 - 4000 3000 - 4000 2500 - 2800 2500 - 3500 4250 - 4750 2500 - 3000 2000 - 3200 2000 - 2700 2200 - 3400 3200 - 4400 1500 - 2500 3000 - 4200 2500 - 3500 3300 - 3800 2500 - 2900 1800 - 2500 2200 - 2800 2200 - 3000 3000 - 4000 2800 - 3900 1800 - 3400 3400 - 4200 3700 - 4500 1600 - 2800 1800 - 3600 1800 - 3000 2400 - 3000 2800 - 3000 2200 - 2800 3700 - 4200 1800 - 2600 2200 - 2500 3550 - 4350 2000 - 3500 2500 - 4500 1200 - 2000 2200 - 3000 2400 - 3700

COMMERCIAL (Rs/sqft) 4500 - 7500 2600 - 4000 4500 - 6000 2800 - 4500 3000 - 4500 4000 - 5000 3000 - 3500 3200 - 4000 3500 - 4600 3200 - 4500 7000 - 10000 4500 - 5000 5000 - 7000 2200 - 2700 3000 - 4500 2500 - 3800 4000 - 5200 3200 - 5000 5500 - 9000 4500 - 5500 4200 - 6000 5000 - 7000 3000 - 4200 4500 - 8000 2500 - 3000 3000 - 3600 4200 - 5000 6500 3500 - 6500 2650 - 3800 8000 - 11000 3600 - 5200 4000 - 6800 2800 - 4000 3000 - 4500 3700 - 5500 3500 - 4500 3100 - 5600 3100 - 5600 3000 - 3500 3000 - 4200 4250 - 4750 3500 - 4500 3000 - 4500 2500 - 3500 2600 - 3000 3000 - 3800 2500 - 3500 5000 - 6000 3000 - 4200 3200 - 4000 5500 - 7000 2200 - 3200 2500 - 3200 3400 - 4000 3400 - 3800 4000 - 5500 2800 - 3500 4000 - 6000 8000 - 15000 2200 - 3000 3500 - 5200 3500 - 4500 2800 - 4000 3500 - 4500 4500 - 6500 4500 - 6000 3000 - 4200 2800 - 3500 4500 - 6000 3500 - 4800 3200 - 5000 1500 - 2500 2800 - 3500 4000 - 5150

OPEN LAND

RETAIL (Rs/sqft)

RESIDENTIAL (Rs/sqft)

COMMERCIAL (Rs/sqft)

7500 - 12000 5500 - 6500 7500 - 15000 4000 - 5000 3500 - 5000 5400 - 6800 3000 - 6000 6000 - 7000 4400 - 5000 3800 - 4800 9000 - 17500 7000 - 8500 10000 - 13000 2800 - 3000 3500 - 5000 3400 - 4200 4500 - 6500 5000 - 6500 7800 - 10000 4500 - 6000 9000 - 12000 5200 - 6500 3500 - 6200 5000 - 8000 2200 - 2800 3000 - 4200 4500 - 5400 10000 - 13000 7500 - 9000 3000 - 3600 11000 - 14000 6000 - 8500 6500 - 7400 3200 - 4500 3500 - 5000 6500 - 7800 3500 - 4200 7000 - 8500 7500 - 9000 6000 - 8000 4500 - 6000 5000 - 8000 4000 - 6000 4000 - 6000 3000 - 4500 3000 - 4000 5500 - 6200 2000 - 4000 6500 - 9000 4000 - 5400 3400 - 5000 6500 - 9000 2800 - 4000 3000 - 3800 2800 - 4500 5500 - 6000 5000 - 7800 2000 - 3000 3500 - 7000 10000 - 16000 2500 - 3500 4500 - 5800 4000 - 5200 3000 - 4500 3500 - 4600 9000 - 11000 3200 - 6000 3800 - 4800 3000 - 4000 3500 - 7000 3200 - 5800 8000 - 10000 2500 - 2800 3500 - 4500 4500 - 6400

3500 - 4700 1750 - 3000 3500 - 5200 2000 - 4200 1500 - 2000 2400 - 5500 1600 - 2900 1800 - 2500 2200 - 3500 1500 - 2500 5500 - 10100 5500 - 7400 3401 - 5000 200 - 350 1200 - 2000 800 - 1000 2800 - 3800 2500 - 3400 4500 - 5200 3500 - 4500 3800 - 6500 4500 - 5000 2200 - 2900 3200 - 7000 1400 - 2200 250 - 500 3500 - 4500 5000 - 7000 3200 - 4500 2000 - 2500 300 - 450 4800 - 6000 2450 - 2800 2500 - 4000 1800 - 2800 1500 - 3000 3000 - 4200 2700 - 4500 3500 - 5000 3000 - 3800 2000 - 2500 2500 - 3200 3500 - 6000 2200 - 3300 2500 - 3500 300 - 800 1700 - 1900 3400 - 4500 200 - 1500 4500 - 6500 2500 - 3500 2400 - 3500 4200 - 4800 1200 - 3000 1400 - 2100 1500 - 3500 2100 - 3000 4000 - 5800 1500 - 2800 2500 - 3800 3700 - 4500 200 - 1000 1500 - 3000 3800 - 4400 1800 - 3500 2500 - 3300 6000 - 7200 3000 - 5000 1200 - 2200 1200 - 2000 3400 - 5500 1800 - 3500 2800 - 4500 200 - 650 1800 - 2500 300 - 550

12000 2000 - 3500 6500 - 8000 4500 - 6000 1800 - 3000 4500 - 6500 3000 - 3500 2400 - 3400 3200 - 4200 3500 - 4000 8000 - 18000 6000 - 8000 4500 - 8000 300 - 600 2200 - 2800 1200 - 2800 5000 - 6800 3300 - 4000 4800 - 7000 4500 - 6000 5400 - 7000 9000 - 10000 3500 - 4500 5500 - 7500 1200 - 1500 400 - 750 4000 - 6000 9000 - 11000 5500 - 9000 2400 - 3000 400 - 600 7000 - 14000 3100 - 3450 6000 - 8000 2500 - 4000 2500 - 3200 4500 - 6000 8000 -10000 8000 - 11000 4000 - 7000 2200 - 3000 4000 - 5500 8500 - 12000 6500 - 8500 3000 - 4500 500 - 1200 1800 - 2100 4500 - 8500 800 - 2000 5500 - 8000 4500 - 7000 3000 - 3800 5500 - 7000 2400 - 4000 1800 - 2500 3200 - 4000 2200 - 6500 5500 - 7000 1800 - 3000 3500 - 4200 10000 - 14000 800 - 1400 2500 - 4000 4000 - 7500 3000 - 4200 3200 - 3800 7000 - 7800 6000 - 7400 2400 - 3500 1500 - 2300 6500 - 8000 4000 - 6500 5000 - 12000 800 - 1600 2300 - 3800 1500 - 2100

HYDERABAD

LAND RATES

S.No

AREA

RESIDENTIAL (Rs/sqft)

77 78 79 80 81 82 83 84 85 86

Somajiguda Srinagar Colony Srisailam Highway Suchitra Tarnaka Tolichowki Trimulgherry Uppal Vidya Nagar West Maredpally

4000 - 5500 4200 - 5700 2500 - 2900 2000 - 3500 3000 - 4000 3500 - 5800 2500 - 3500 1800 - 2500 2500 - 5500 4000 - 5500

COMMERCIAL (Rs/sqft)

OPEN LAND

RETAIL (Rs/sqft)

RESIDENTIAL (Rs/sqft)

7250 - 8500 4500 - 6500 2800 - 3500 3500 - 5000 5000 - 6000 4000 - 6400 4000 - 5400 3000 - 4000 4500 - 7500 5000 - 7000

7000 - 12500 5200 - 7000 2500 - 3000 3800 - 6000 6000 - 6500 6500 - 8400 4500 - 8000 7500 - 9000 6000 - 8600 6500 - 8000

4000 - 5500 2800 - 3500 100 - 300 2300 - 3500 2800 - 3700 1800 - 2700 2600 - 3500 1800 - 2500 4000 - 5200 3200 - 3500

6500 - 12000 3700 - 5200 300 - 400 3800 - 5500 6000 - 8000 3500 - 6500 3500 - 5500 3500 - 5000 6800 - 10000 3400 - 4000

1200 - 2000 2500 - 3800 2500 - 3500 3200 - 4500 2500 - 3600 1000 - 1300 3500 - 4000 1700 - 2800 1800 - 3500 1900 - 2400 2000 - 3500 2200 - 3500 1000 - 1800 2800 - 4500 2800 - 4000 2500 - 3800 2000 - 2700 1500 - 2200 1500 - 2200 2500 - 3000 1500 - 2200 3000 - 4200 3800 - 4500 2000 - 4500 1500 - 1800 2800 - 3700 1800 - 3000

1800 - 2200 2800 - 4500 3500 - 4000 4000 - 5000 3500 - 4500 1200 - 3000 4000 - 5300 2500 - 3500 3000 - 4500 2500 - 3200 3000 - 4000 3200 - 4000 2000 - 2500 4000 - 6000 4200 - 6000 4500 - 5500 2800 - 4000 2000 - 3000 3000 - 4500 3200 - 4000 2000 - 2800 3500 - 4800 3700 - 4500 4000 - 5000 2000 - 2500 3500 - 4000 2800 - 4000

2500 - 3000 3000 - 4000 4000 - 5500 4500 - 5200 4800 - 6000 2800 - 3500 6500 - 7500 8000 - 12000 3500 - 5000 3500 - 4000 3500 - 4200 3500 - 4500 2800 - 3200 5200 - 6200 5000 - 6200 5000 - 6000 3000 - 3500 2800 - 3500 4000 - 6000 4300 - 5000 2500 - 3000 3800 - 6000 4200 - 5000 4500 - 5200 2200 - 3000 4200 - 4500 3500 - 4200

300 - 500 400 - 650 4400 - 5500 300 - 500 4400 - 5600 500 - 1500 5500 - 6000 700 - 1500 2500 - 3700 400 - 800 1200 - 1600 1800 - 2400 4500 - 5500 1000 - 1500 5000 - 5800 3000 - 4500 1800 - 2200 1500 - 2000 5000 - 6200 300 - 500 1800 - 2800 4000 - 4500 1500 - 2500 500 - 1000 250 - 350 1800 - 2200 1000 - 1800

450 - 700 700 - 1000 5500 - 6800 750 - 1000 5500 - 6800 800 - 2000 6000 - 12000 1800 - 2500 3500 - 5000 750 - 1200 1500 - 2500 2200 - 2800 5000 - 6000 1800 - 2500 5500 - 6000 4600 - 5000 2500 - 3000 2500 - 3200 9000 - 12000 400 - 1000 3300 - 4500 5500 - 6800 3000 - 5500 1200 - 1500 500 - 1000 2500 - 3000 1500 - 2500

1900 - 2700 2600 - 3700 2000 - 4000 2600 - 3700 2000 - 5400 6000 - 10000 3500 - 6500 1500 - 5200 3500 - 5500 3500 - 7000 5000 - 9500 1900 - 3500 4500 - 11500 2000 - 3000 2100 - 5700 2700 - 3400 2200 - 2800 2000 - 4000 8000 - 11000 5000 - 6500 2000 - 5000 2300 - 3000 2600 - 3700 1700 - 2200 7100 - 10000 3500 - 7500 2500 - 4000 7500 - 12000 1900 - 2300 16000 - 17800 3000 - 6000 5000 - 10000 1700 - 2200 7000 - 9000 3400 - 12000 3400 - 12000 2200 - 3500 2400 - 4000 2900 - 4550 2600 - 5400

2500 - 4400 3500 - 4500 3500 - 5400 3500 - 4200 4200 - 6000 9500 - 14500 5500 - 7000 5000 - 5500 4500 - 6000 5500 - 8000 7000 - 10000 3000 - 4200 4500 - 6400 2800 - 3400 5000 - 8500 3200 - 4500 3000 - 4200 3800 - 5400 7500 - 14000 6000 - 9500 4500 - 5500 3500 - 4500 3500 - 5000 2000 - 4500 9000 - 12500 4000 - 8500 3500 - 4500 8000 - 14000 2400 - 3200 16800 - 20000 5500 - 7800 7800 - 9400 2500 - 3500 3200 - 6900 5000 - 10000 5000 - 10000 3200 - 4200 3500 - 6000 4500 - 6200 5800 - 6500

4000 - 6000 4200 - 5000 4800 - 6000 4500 - 6200 5500 - 6500 14000 - 16500 5000 - 6800 6000 - 6400 4800 - 6500 6000 - 9000 9000 - 12000 4000 - 5800 6000 - 7400 3200 - 4000 6800 - 8500 4200 - 5600 4500 - 5800 5000 - 7000 13500 - 15000 9000 - 11000 5000 - 6000 5000 - 6200 5700 - 6500 4000 - 6200 11000 - 14000 5000 - 9000 4200 - 5000 12500 - 16000 3000 - 4500 19500 - 24000 7000 - 9000 10000 - 12500 4200 - 6000 5500 - 7000 5500 - 11000 5500 - 11000 4000 - 4800 5400 - 7500 6450 - 7200 6200 - 8000

7500 - 10000 2200 - 2800 1050 - 1400 3500 - 4500 5000 - 7500 13500 - 14000 3000 - 4200 3000 - 4200 1000 - 2500 5500 - 10000 3000 - 10000 2500 - 4000 7500 - 11000 2500 - 3500 3000 - 6000 1500 - 2400 1600 - 2500 300 - 750 9200 - 12000 6800 - 8200 2800 - 3800 6500 - 8000 3000 - 5300 600 - 2500 9000 - 11500 4800 - 7500 2000 - 3200 9200 - 15000 3500 - 5500 8000 - 12000 800 - 2900 9500 - 12500 4500 - 5200 3000 - 4500 4500 - 9000 4500 - 9000 4500 - 6000 3800 - 4500 2950 - 3750 3800 - 4600

9500 - 15000 2500 - 3500 1500 - 2500 4200 - 6000 6800 - 8500 14500 - 16000 4000 - 6500 4000 - 4650 3500 - 6500 6500 - 11000 5800 - 12000 3500 - 5500 10000 - 15000 4000 - 6000 4500 - 5800 2600 - 3800 2800 - 4600 1000 - 1500 12500 - 15500 8500 - 12000 3500 - 6000 7000 - 8500 5500 - 7000 2200 - 3000 10000 - 13500 5000 - 8500 3000 - 4000 13500 - 18000 6000 - 6800 9000 - 14500 5800 - 8500 10000 - 14000 5000 - 6400 4700 - 6000 5000 - 12000 5000 - 12000 5500 - 7000 4200 - 5500 4200 - 5000 6000 - 8000

COMMERCIAL (Rs/sqft)

VISAKHAPATNAM 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27

Achutapuram Anandapuram Akkayapelem Beach Road CBM Compound Duvvada Dwarakanagar Gajuwaka Jagadamba Junction Kurmannapalem Maddilapalem Madhurawada Maharanipeta Marripalem Murali Nagar Narsimhanagar HWY NAD Junction PM palem Pedawaltair Pendurthi Sheelanagar Seethammadhara Siripuram Simhachalam Thagarapuvalasa Visalakshinagar Yendada

BENGALURU 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40

Anand Nagar Anjanpura Anekal Banashankari Banaswadi Basavangudi Basavanagar Bannerghatta Road Bellary Road BTM Layout Cox Town CV Raman road Frazer Town GM Palya Hebbal Hennur Main Road Horamavu Hosur Road Indiranagar J.P. Nagar Kaggadasapura Kalyan Nagar Kanakapura Road Kengeri Koramangala Kumaraswamy Layout Malleshpalya Malleshwaram Maruthi Nagar M.G. Road Old Madras Road Rajaji Nagar Rajeshwari Nagar RT Nagar Sahakar Nagar Sahakar Nagar Srirampuram Uttarahalli Whitefield Yeshvantapur

CMR

CURRENT MARKET RATES Powered by acharate.com RATES AS ON 28.3.2013 ( Rates are subject to minor change as per market conditions)

CEMENT ULTRATECH CEMENT 53Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 234 AMBUJA CEMENT 43 Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 210 RAASI CEMENT 43Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 213 BHARATI CEMENT 53Grade Cement weight : 50 Kgs Market Price/ Bag: Rs. 232 SRI HANUMAN STEEL TRADERS :- #9-7-355, Maruti Nagar, Champapet, Hyderabad. Ph: 9948696021 / 9346936977

STEEL Size : 6mm Per Tonne : Rs. 43,000 Size : 8mm Per Tonne : Rs. 46,500 Size : 10mm Per Tonne : Rs. 44,290 Size : 12mm Per Tonne : Rs. 44,290 Size : 16mm Per Tonne : Rs. 44,290 Binding Wire Per Kg : Rs. 65 GANESH STEEL TRADERS :- Opp. Andra Yuvathi Mandali jr. College, Beside HP Gas Godown, Barkathpura ‘X’ Roads, Narayanguda Flyover Road, Hyd-27. Ph: 040-27567732 / 9246597732

PAINTS 1) Asian Paints ACE EXT Emulsion 20 Litre Rs. 2460 2) Asian Paints Apex Ext Emulsion 20 Litre Rs. 3900 3) Asian Paints Premium Emulsion 20 Litre Rs. 4020 4) Asian Paints Tractor Emulsion 20 Litre Rs. 4900 5) Asian paints P. Gloss Enamel 20 Litre Rs. 3420 PAINT HOUSE :- # 1-5- 459/1&2, Jambagh, Hyderabad-95. Tel:040-32008787 / 9394478787.

BRICKS Light Weight Brick : Heavy Weight Brick :

Rs. 4.25/ Brick Rs. 3.10/ Brick

SAND Vijayawada Sand :

Chirala(Silt) Medium Filter Sand (12-13 Ton/load) : Red Sand : Murhum Filling (Big Truck) :

Rs. 1450 / Tonne Rs. 1300 / Tonne Rs. 8500/ Truck Rs. 3500/ Truck Rs. 1400/ Truck

METAL Size : 20mm Size : 25mm

300 Sft 200 Sft 300 Sft 300 Sft 100 Sft

Rs. 6600 / Truck Rs. 4000 / Truck Rs. 6500 / Truck Size : 40mm Rs. 6900 / Truck Size : 60mm Rs. 2000 / Truck Stone Blocks Rs. 16 / Block SRI GANESH BUILDING MATERIALS SUPPLIERS :- DMRL X Road, Pochamma Gadda, Phisal Banda, Hyderabad. Ph: 9908900730 / 9394468123

MARU ELECTRICAL ACCESSORIES MIRACLE MODULAR Code 026 028 029 031 032 033

Description Rs Per Pc. INDICATOR / 6A. SOCKETS Indicator 19.00 2 Pin Socket 16.00 2 Pin Conv. Socket 24.00 2 in One Socket 27.00 2 in One Socket(Two 2 Pin) 28.00 2 in One Socket (Two 2 Pin Conv) 21.00

PKG 20 20 20 10 10 20

ACCESSORIES 10 A. Kit-Kat Fuse 30.00 20 16 A. Kit-Kat Fuse 40.00 20 T. V. Socket (Switch) 26.00 20 2 - L. Tel. Jack (Switch) 45.00 20 2 x 2 - L. “ (Socket) 70.00 20 6 A. S. S.COMBINED (With J. Box) 043 F.T. 2 In One S. S. Comb. 52.00 10 044 Sur. 2 In One S. S. Comb 65.00 10 080 F.T. 2 In One S. S. Comb. 71.00 10 Standard Electricals.5-1-546/ 1 & 2, Beside Narsing Lodge, Troop Bazar, Hyd-500195. Contact: 040-24613159 / 65588570 034 035 036 040 015

Blue Apple Club Plywood ( IS: 710) 100% Gurjan 19mm Rs. 85/Sft. 12mm Rs. 55/sft 9mm Rs. 46/sft 6mm Rs. 37/sft Blue Apple Corporate Plywood (IS: 303) BWR Grade 19mm Rs. 67/sft 12mm Rs. 48/sft 9mm Rs. 38/sft 6mm Rs. 29/sft Blue Apple Plywood ( IS: 303) MR Grade 19mm Rs. 53/sft 12mm Rs. 38/sft 9mm Rs. 35/sft 6mm Rs.27/sft Project PLY (IS: 303) Hardwood MR Grade 19mm Rs. 45/sft 12mm Rs. 35/sft 9mm Rs. 32/sft 6mm Rs.25/sft BHARAT PLY ZONE D.No. 7-1-237/2, Near Yellama Temple, Balkampet, Hyderabad-500016. Phone: 040-65511155 / 9550362630. Email: blueappleplywood@gmail.com GLASS Texture Acid Work 85 Rs/Sft Acid & Air Brushing Work 380 Rs/Sft Bevel Fusion Work 440 Rs/Sft Crystal Acid Work 410 Rs/Sft Air Brushing Work 360 Rs/Sft Etching Work 30 Rs/Sft Reverse Etching Work 79 Rs/Sft White Acid / N.R. Work 75 Rs/Sft 12mm Clear Glass Per Sft 100/- 10mm Clear Glass Per Sft 85/8mm Clear Glass Per Sft 65/6mm Clear Glass Per Sft 45/5mm Clear Glass Per Sft 38/4mm Clear Glass Per Sft 32/NISA GLASS CENTER #1-3-379/182,SRT-58, Ashoknagar Exten, Victoria Café Lane, Jawahar Nagar, Hyd. Phone: 040-27608282 / 9347828280

Retail realty picks up in Hyderabad Hyderabad's retail sector looks bright. Big international multi-brand retailers like Ikea and Walmart are foraying into the market in the coming months. In the most recent monetary review, the Reserve Bank of India kept retail policy rates unchanged thus, pointing out that lending rates might fall in the coming quarter. Andhra Pradesh is one of the first few states to have allowed multi-brand retail 51% FDI by the Bill. Dilsukhnagar, LB Nagar, Chandanagar to Madinaguda and Habsiguda are the forthcoming localities gaining popularity amongst retailers looking to spread out their

HYDERABAD

operations. Various factors such as flexibility in leasing terms, no change in rentals and close proximity to developed areas have led to the recognition of these areas. Banjara Hills and Jubilee Hills, the finest main streets of Hyderabad will also house many worldwide retail brands in Apparel and Food & Beverage categories. According to Cushman & Wakefield Research Publication, “The overall mall vacancy levels remained low at around 1 per cent due to the limited availability of mall space and no influx of mall supply in this year.” The publication also mentions that Hyderabad in the

Oct-Dec 2012 quarter indicated “Moderate demand and the absence of any lease renewals led to stable rentals in all the main streets as well as malls in the fourth quarter of 2012.” The Q-o-Q change in prime retail rentals for December 2012 for busy places like MG Road, SP Road/Begumpet, Raj Bhavan Road, etc. remains 0 per cent. The rental values on premium streets are expected to increase 'due to the increased leasing activity on account of a n t i c i p a t e d d e m a n d ' . Tw o m a l l s o f approximately 560,000 sq ft are soon expected to be launched catering to the expectant retailers. The under-construction projects such

SERVICES GUIDE INDEX 1) ARCHITECTS 2) AIR CONDITIONING 3) BORE WELL CONTRACTORS 4) BUILDERS 5) ELECTRICAL CONTRACTORS 6) ELEVATORS 7) FIRE PROTECTION 8) GENERATOR 9)HOTELS 10) HOUSING FINANCE 11) INTERIOR DESIGN 12) LANDSCAPE ARCHITECT 13) LAND SURVEYORS 14) MODEL MAKERS 15) PAINTING CONTRACTORS 16) PEST CONTROL 17) REAL ESTATE 18) SECURITY SYSTEMS 19) STRUCTURAL ENGINEERS 20) VASTHU 21) VENETIAN BLINDS / VERTICAL BLINDS 22) WIRE MESH 23)WATER PROOFIN

ARCHITECTS AJAY DESIGNS Architects & Interior Designers. H.No.78, Sai Ram Complex, Above Andhra Bank, Dilsukhnagar, 'X' Roads, Dilsukhnagar, Hyderabad-500060. Tel: 9848293850. ajaydesigns@yahoo.com. COMFORT DESIGNERS Gate No. 3, Shop : 74 & 75, I F/L, HUDA Complex, HMDA, Tarnaka, Sec'bad - 07. Tel: - 040 - 27014435 / 9849253207. comfort_designers@yahoo.co.in URL: www.comfortdesigners.com

HANUMAN PLANNERS Architects & Engineers. Vastu Planners, Valuers, Surveyors, Engineers & Contractors. #16-11-310/15/1/3, Shop No: 5, Sandya Giri Tower, Opp . T.V. Tower, Malakpet, Hyderabad - 36. Tel: 9247471986. hanumankprasad@gmail.com. KUTEER INFRA Architects-Engineers-Interiors. Plot No. 7-1-34, 203, 2nd Floor, Sridevi Mansion, Lane beside Divyashakthi Apartment,ShyamKaran Road, Ameerpet, Hyderabad-16. Tel: +9140 65533122 / 9989499360. venugopal@kuteerinfra.com. URL: www.kuteerinfra.com. M.S CONSULTANTS From Conception to Perfection. Architects, Engineers, Develoers. #12-2-784-A-7, Opp.Piller No.36, Dilshad Nagar Colony, Mehdipatnam, Hyderabad-28. Tel:66133202, 9885472853. mscon@yahoo.co.in PR CONSULTANTS 202, 2nd Floor, SSR Vijetha Complex ( Above TMC Showroom), Dilsukhnagar, Hyd-60. Tel: 9440724614. Pr_consultants2002@yahoo.com SREE DHATHRI ASSOCIATES Flat No.202, Rock Home A pats., Rock Hills Colony, Road No.1, Nagole Main Road, L.B.Nagar, Hyd-68. Tel:9849170037/8885570031.laxmi1612@yahoo.com STONE HOUSE (Interior & Exterior Natural wall cladding stones, Pebbles, Parking tiles). H.No: 3-11-468, Beside Ford Showroom, Nagole Road, L.B. Nagar, Hyderabad-74. Tel: 9989615555 / 9704581111. stonehouse.hyderabad@gmail.com S.L.V. CONSULTANTS Architect,engineers &contractors. Office : 13-241, 1st Floor, Near Corporation Bank, Beside Satya Sai Petrol Pump, NH-7, Main Road, Medchal, R. R. - 501401. Tel: 9848220772 / 9290264610.

GEET H.No:441, 4 th Floor, PVT Market, Dilsukhnagar,Hyderabad-36. Tel:040-32504492 / 9394700021. ganeshkotturi2000@yahoo.co.in

TRKR INFRASTRUCTURES architects, engineers land surveys & contractors. # 4-92/2/A, S-3, 1st Floor, Opp .e-seva, Chandanagar, Hyderabad - 50. Tel: 9291516445 / 9553114935. trkrinfrastructures@gmail.com

GRAFFITI DESIGNS (ARCHITECTURE / INTERIOR DESIGNERS & CONSTRUCTION CONTRACTORS). 3-5-1101/1B2, 2nd Floor, Lane Opp. YMCA Blood Bank, Narayanguda, Hyderabad - 29. Tel: 040-64590717 / 9246193717 / 9885455616. design.graffiti@gmail.com

FINGER-6 The design people Architects & Interiors Designers. #301, Pavani Annexe, Road No-2, Banjara Hills, Hyderabad-34. Tel: 040-64578766 / 9246216330. finger6projects@gmail.com. URL: www.finger6.net

AIR CONDITIONING COMFORT COOL SYSTEMS 1-1-379/82, SRT-125, First Floor, Jawahar Nagar, RTC 'X' Roads, Hyderabad - 20. Tel:040-27621555 / 9885456672 / 71, ccs.suresh@yahoo.co.in For Enquiry: ccs.daikin@gmail.com. NATIONAL COOL SYSTEM Multi branded Air-Conditioning Sales and Service Centre. Spl. In Window, Split, Multisplit, Tower, Cassette, Ducktable. #3-1-411, Near-Traffic P. S., Nimboli Adda, Kachiguda, Hyderabad-27. nationalcoolsystem@gmail.com URL: www.nationalcoolsystem.com

BORE WELL CONTRACTORS Harsha Borewells Road No 6, Sai Baba Temple, Budha Nagar, Uppal, Hyderabad- 39. Tel:- 040-67120358.

BUILDERS NEW HABITAT INFRACON (INDIA) PVT. LTD. Beside Praga Tools, Opp. Old Kalpana Theater, Kavadiguda, Hyderabad. Tel:- 9959762277. URL:- habitatinfra.com. R M CONSTRUCTIONS Engineers & Contractors. #1-11-110/2, Shyamlal Building, Begumpet, Hyderabad-16. Tel: 9848026913. rmconstructions@gmail.com SAMSKRUTI INFRA DEVELOPERS Development Plot-Yadagirigutta. Plot No.130, Road No.1, 4th Cross, RocktownColony, L.B.Nagar,Hyd-74. Tel: 9985048344 /9393571116. anjinallapati@gmail.com. URL: samskrutiinfradevelopers.com. SRI VENKATESWARA CONSTRUCTIONS Builders & Developers. Plot No.127, Shop No. 2, S. V. C. Arcade, Vasavi Colony, R. K. Puram, Hyd-35. Tel: 9246521705. YOUR HOME DEVELOPER & ENTERPRISES #10-2-289/114/A, 1st Floor, Opp. Hockey Ground, Shanthinagar, Hyderabad-28. Tel: 040-3342036, 99551280282, 9392896889. www.newlimracity.com.

ELECTRICAL CONTRACTORS PREMIER ELECTRICAL & SELF CHARGING WINDING WORK S. No: 7 Buddha Bhavanam, MCH Complex, Ground Floor, "A" Block , M.G. Road, Sec-bad - 03. Tel: 040-64513729 / 9177379092.

April 2013 I Twin Cities REAL ESTATE BULLETIN I 43

as Manjeera Trinity at Kukatpally with 425,000 sq ft and Sangeet Mall at SP Road with 135,000 sq ft are projected to be launched in the second quarter of 2013. Real estate broker Saleem Mawani from Clear Title Properties shares that Hyderabad's retail sector is expected to do well in the months to come. The real estate market will open up and cater to the needs of the new arrivals. He assured that investment in retail space would prove to be fruitful in the long run.

S ER VICE

GLOBETEL TECHNOLOGIES (Suppliers of Maintenance free Chemical Earthing, ESE type Advanced Lightning Protection system, Surge Protection device) No.52, Bhavani Towers, 1st Floor, Opp: Indian Gas Agency, Anand bagh 'X'Roads,Safilguda,Hyd-47. Tel:27242381 / 9849451575. Globeteltechnologies@gmail.com. URL: globeteltechnologies.com

ELEVATORS MAX Elevators Lift installation, Maintenance & Modification of all types lifts. We supply quality passenger goods, Dumb waiters, Hospital services elevators, Hydraulic & Auto Door Lifts. #7-1-307/17/48/B, Subash Nagar, Sanath Nagar, Hyderabad. Maxindia2011@gmail.com. MEGHA POWER ELEVATORS We supply quality passenger goods, Hospital services elevators, Dumb waiters, Hydraulic & Auto Door Lifts. #2-1-50/82, Mahankali Nagar, Kukatpally, Hyd-75. Tel: 9059488385 / 9397338654. meghapowerelevator@gmail.com OSCAN ELEVATORS Pvt. Ltd. Flat No.402, Venkoti Buildings, Plot.809, Sri Ayyappa Society, Madhapur, Hyderabad-82. Tel: 040-23119910 / 90 / 9949966669. rajuagk@oscanelevators.com. Info@oscanelevators.com. URL: www.oscanelevators.com. Our Branch Offices: A.P., Bangalore, Chennai, Mumbai.

Residential mart buoyant in Hyderabad The demand and supply scenario in residential property is balanced with the delay in launch of new projects and the spurt in demand for existing units in particular built units across micro markets. While 60 per cent of the apartment sales are happening on Hyderabad-Madhapur corridor, Gachibowli, Madinaguda and Miapur, due to congregation of IT companies, balance 40 per cent is happening in other areas. Due to hike in input and labour costs, builders have increased the prices by 10-15 per cent for apartments across most micro markets in the city. Built units continue to be in demand over Greenfield projects. As the new project launches were priced U

C T

HYDERABAD

G UIDE

X Road, Safilguda,Hyd-47. Tel: +91 40 27243160 / 9848024758. info@interpowergenetech.com. URL: www.interpowergentech.com. MARCO POWER 511 Srinilaya Estate, 8-3-945, Ameerpet, Hyd – 73. Tel:- 666223941, 9391018487. marcopower1@ymail.com. URL:- www.hyderabadmarcopower.com. S.V. R AGENCIES #1-7-659/A/1, Ramnagar, Hyd-20. Tel: 9949273555 / 9391015105. svr_dg@yahoo.com. URL: svragencies.com. S.V.R. CRANE SERVICES Mobile & Telescopics, Latic Boom, Crawler on Hire 12 tones to 200 tones.Plot No. 3A, Block 26, Double Road end, Auto Nagar, Hyd-70. Tel: 9949273555 / 9391015105. svrcranes@gmail.com.

HOTELS Beccun Restaurant& Resorts Opp. Old MLA Quarters, Hyderguda, Hyderabad -29. Tel: 9494541600 / 9866430107.

HOUSING FINANCE Aquarius Financial Services 301, Navaratna Encl, 2-1-513/6, Nallakunta, Hyderabad-44. Tel:- 040-65547760.

ART INTERIORS Interior Studio / Designingplanning / Constructions & Developers. #506, 5th Floor, Navketan Complex, Above ICICI Bank Building, Near Clock Tower, Sec-bad-03. Tel: 040-66380000, 9963211163. Indira.pn@gmail.com

S V M LIFTS Regd: 2007. Plot No. 20, Bhagya Nagar Colony, Near: M S Function Hall, Hydershakote, Golconda Post, Hyd-08. Tel: 9885744667 / 9000344066. svmlifts@gmail.com. URL: www.svmlifts.com.

B. R. INTERIORS & DEVELOPERS H.No.2-2-644/f, CE-Colony, Near Ayyappa Temple Bagh Amber Pet, Hyderabad-500013. Tel: 040-27400629 / 9866611616.

FIRE PROTECTION DIAMOND STEEL & ENGG. CO. #5-5-79/G-7, Ground Floor, Sri Srinivasa Commercial Complex, Ranigunj, Sec-bad–03. Tel:- 040-66385277. dsec63@rediffmail.com / dsec@in.com

LN INTERIORS Interiors-C.N.C wood carving-False ceiling. Shop # 211, 212, 213, Kali chambers, Opp: Mythri Nagar Kaman, Madeenaguda, Miyapur, Hyderabad-50. Tel: 23041166 / 9246360243. Lninteriors.hyd@gmail.com. URL: www.lnintriorsgroup.com. MEGA INTERIORS D- 15, 1st Floor, Maheshwari Towers, Opp- Music World, Road No . 1, Banjara Hills, Hyd-34. Tel: 9396559453 / 7702950734. mujtaba_malik53@yahoo.com. PRA INTERIORS Lakshmi Complex Main Road, Shop No. 30, 31, 32, Erragadda, Hyd–18, Tel : 64545543, 9700066674. info@prainteriors.com.

LANDSCAPE ARCHITECT EFGH ASSOCIATES SAVE NATURE Landscaping/Water Creations/ interiors #45/c, 1st Floor, M.L.A's Road no.12, Banjara Hills, Hyd-34. Tel: 040-64578699 / 9966178699 polojuvenkat@efghassociates.com URL: www.efghassociates.com TROPICAL ECOLOGY PVT.LTD (Inside & out side). Regd. Office: 24-7, Shivpuri, Malkajgiri, Sec - 47. Fax: 64513737, 64590086, Tel: 9849016209. ecology1116@yahoo.co.in, Tropicalecology@gmail.com. URL: www.tropicalecology.in.

LAND SURVEYORS

DESIGNROSE Destination Design. Interior Designers, Consultants & Turnkey Projects For Corporates, Residences, all Interior Works & Civil Construction. #70, G-IV, Excel Apts, Seshachala Coop-Society, West Marredipally, Sec-bad-26. Tel:65504151/9246174151. designrose@hotmail.com / jude@designrose.com. www.designrose.com ICON INTERIORS Wooden flooring, Vinyl (PVC) flooring / Carpet Blinds, wall paper, fall ceiling, sun control, Glass films, turnkey interiors. #8-6-891, Plot No. 29, Christian Colony, Opp: Naveena College, Hastinapuram, Sagar Road, Hyd-79. Tel: 9948020666 / 9951427333. Iconinteriors@gmail.com. URL: www.estatebulletin.com

GENERATOR INTER POWER GENTECH Authorised Dealers for Cummins, Kirloskar Generators. No. 52, Bhavani st Towers, 1 Floor,Opp: Indane Gas Agency, Anand bagh

LAXMI INTERIOR H.No.11-7/101, plot no.C51, Huda Colony, Saroornagar, Hyderabad-35. Tel: 9885619444. laxmiinteriors.tanneru@gmail.com.

INTERIOR DESIGN

SG ELEVATOR'S Passenger Lifts, Hospital Lifts, Goods Lifts. #38-15/22/2, Road No.6, Shivasai Nagar, Vayupuri, Sainikpuri, Secunderabad-500094. Tel: +91 40 40164354 / 9177773990. saiganeshelevators@gmail.com.

WORLD-TECH ELEVATORS All Types Lifts sales, Service & Maintenance & Installation. #8-4-380/1/20/A, Prem Nagar, Erragadda, Hyd-18. Tel: +91 939 110 3204 / 7569 301 815. worldtechelevators@yahoo.com

higher than the market average, and the city's secondary sale prices rose due to increased construction costs, rents and capital values went up in every sub-market in the past. A significant development is the surge in demand for land parcels across the city with more developers keen to enter the market to launch new projects. With investors evincing keen interest to invest in residential projects, prelaunch sales have improved now, says a veteran realtor. In the fourth quarter last year alone, 15 new projects were launched, out of which three are villa projects. In a related

LASANI INTERIOR DESIGNER Your Dream Our Creation Mural, Waterfall, Fountains, Glass Design, Land Scaping, Art Work, etc. #12-51/5/7, Vijaipuri Colony, Tarnaka, Secunderabad-17. Tel: 9177962768. Zaheer@yahoo.com.

44 I Twin Cities REAL ESTATE BULLETIN I 2013 April

GALAXY GEOMATICS PVT LTD A Complete Surveying Solution. Indian H.O: IIIrd Floor, Above Canara bank, Vijayanagar Colony, Hyd- 57. Tel: 040-65555528 / 9391085830. layeeq@galaxygeomatics.com. Branch Off: New Delhi, Dubai, Abudhabi. LANDMARK Surveyors & Engineers. #2-42/1. Flat No.201, IInd Floor, CETS Apartment Behind Petrol Bunk, Beside ICICI Bank, Chaitanyapuri, Dilsukh Nagar, Hyd - 60. Tel: 24053499 / 9000955900. landmark_surveyors@yahoo.co.in URL: www.landmarksurveyorshyd.com

MODEL MAKERS Hi Tech Models 8-2-293 A22, Indira Nagar, Main Road, Hyderabad. Tel:- 09849034657 / 27627405

PAINTING CONTRACTORS Mayuri Painting Work #3-3-591, Chappal Bazar, Kachiguda, Hyderabad. Tel:- 9160039907.

development luxury housing market has notched up a growth rate of 8 per cent in 2012 over 2011 in the city. The base price taken for the luxury homes survey by Jones Lang LaSalle is for apartment units where the capital value was above Rs 5,000 per sq ft in Hyderabad. Banjara Hills continues to occupy the top slot in terms of capital values at Rs 10,000 per sqft. According to market sources, rising inflation and increased input costs are expected to push the construction cost up. The timing is just right in particular for the end users to enter the market with the reduction in home loan lending rate and additional sops announced in the Union budget, says a veteran realtor.

HC orders status quo on 300-acre Attapur land Perplexed at the way the state revenue authorities are handling over 300 acres of prime land at Attapur of Rangareddy district, Justice Ramesh Ranganathan of the AP High Court on Wednesday ordered status quo for six weeks and directed the authorities to clarify on the alleged unauthorized changes in the ownership of the property. Following orders from joint collector, the RDO of Chevella issued proceedings changing the names in the ownership columns of the revenue records in favour of one P Madhusudhan Reddy and others in April 2011. The judge was responding to a petition filed by Yusuf Begum and her son Azam Shareef. Both the MRO and RDO earlier maintained that the

C O N S T R U C T I O N S E R V I C E G U I D E

HYDERABAD PEST CONTROL REDDORKINS PEST CONTROL Expertised Treatment for Termites, Cockroaches, Woodborers, Bedbugs, Rodents, Rats, Honeybees, Ants, House Fly's, Lizards, Spiders. #6-5-286/1A, 1st Floor, C.C.Nagar, New Bhoiguda, Secunderabad-80. Tel: 9989956152 / 9885076578. info@reddorkinspestcontrol.com URL: www.reddorkinspestcontrol.in

REAL ESTATE CORPORATE REAL ESTATE Plot No.2, Sunrise Homes, Beside Shanti bagh Apts.,Opp.Country Club,Begumpet, Hyderabad-03. Tel: 9866270258 / 9949692200. corporealestate@gmail.com. URL: www.corporateinfra.com HASAN AND COMPANY Architectural, Interior and Real Estate, Plot Available on EMI near Shad Nagar, at reasonable price. The City Awaits You Hurry And Book Your Plot Now. Tel: 9700778929. mohammed_aziz@rediffmail.com. NEW SUPER PROPERTY DEALERS Consultant in: Flats, Plots, Independent Houses, Bunglow & Farm Lands, Purchase & Sales. ( GHMC Work also under-taken ). S.No.8-1-523/271/6, Sabia Complex, Opp SBI Bank, Brindavan Colony, Toli Chowki, Hyd-08. Tel: 9246377100, 9390009816, 9032317552. SRI SAI SUJATHA FORMS & DEVELOPERS (an unit of tvnr group). H.No: 2-4-663/4 To 7, Prashanthi Nilayam, 1st Floor, Main Road,No.2, NewNagoleColony,Hyd-35.Tel:64564365, 9246825365. URL: www.tvnrgroup.com SHASHANK AVENUES PVT.LTD Venture @ Kadthal, Sri Satam Highway, DTCP Layout, Gated Community Next to International Airport. #203, 3rd Floor, Shri Datta Sai Apts, Behind TMC Showroom, Gaddiannaram, Dilsukhnagar, Hyd-36. Tel: 040-66135611/14. sri@shashankavenues.com URL: www.shashankavenues. Com Specialized in Independent, Duplex, Row Houses.Venture Developers Prime Plot / Land Sale & Purchase 9-1-159/3, II Floor, ‘Gomez Building’, Sebastian Road, Sec-bad-03. Tel: 7799543245 / 9666606737 / 27700039. Needbuilders9@gmail.com, gracce9@gmail.com. OM SREE PRUTHVI DEVELOPERSS P.No.-86, F.No.-2,3rd Floor, Kamala Nivas, Near Astalaxmi Temple, Vasavi Colony, Kothapet, Hyderabad-35. Tel: 31920768, 9393920768, 9394585615. Venture in Kadthal, Srisialam Highway, Near Rajeev Gandhi Int Airport. RUDRA SREE HOUSING PVT. LTD. 404,403,5th Floor, Shri Datta Sai Complex, Gaddi Annaram, Dilsukhnagar, Hyderabad - 36.Tel: 7842642705 / 8520037077 contact@rudrasree.com. URL:- www.rudrasree.com

records pertaining to this transaction were missing in their offices. Upon being summoned, the revenue principal secretary told the court on Wednesday that the records were missing. He, however, informed the court that he had ordered a probe into the matter and that he would inform the court the probe outcome within four weeks. Expressing dismay at the sorry state of affairs in the revenue department, the judge ordered status quo for six weeks and restrained the authorities from effecting any changes in the records in the meantime.

Off: #105. 1st Floor, YMCA Complex, SP Road, Sec-bad-03. Tel:- 040-27800008, 9848441307.

SHATHABDI TOWNSHIP PVT. LTD. #3-5-356, 2nd Floor, Jai Bhavani Towers, Vittalwadi ‘X’ Road, Narayanaguda, Hyd-29. Tel:9912156888. ksrinivasreddy888@yahoo.com. SRI BHARGAVI AVENUES INDIA PVT. LTD. H.No.3-11-132, Ist Floor,Opp.Big Bazar,RTC Colony, L.B. Nagar, Hyd. Tel: 9247769833. SUPER GOOD ESTATES #17-85/C/106/5 & 6, 2nd Floor, Annapurna Complex, Dilsuknagar Main Road, Hyd-60. Venture at N.H # 9, Near Ramoji Film City, Nerepally Village, Ibrahimpatnam Mandal, Tel: 040-66313455 / 9700778778.

SECURITY SYSTEMS CRM ENTERPRISES Pvt. Ltd. Channel partner for GUNNEBO. Safe Locker (Domestic & Corporate)-Fire Extinguisher-CCTV-Office Furniture. #3-6-690, Flat -203, D. V. Arcade, Street No.10, Himayatnagar, Hyd-29. Branches: Vizag, Vijayawada, Nellor, Warangal. Tel: 66660069 / 9848170069. chakravarthi@crmsteelage.com ION Technology Dealers for CCTV, Access control System, Fire Alarm System, Intrusion Alarm System, Vehicle Tracking system. #64/2RT, Prakash Nagar, Begumpet, Hyd-16. Te l : + 9 1 4 0 4 0 2 0 2 6 2 8 / 9 9 4 9 4 3 6 0 9 6 . vamsi@iontechnology.in. URL: www.iontechnology.in LAXTEK SECURITY SOLUTIONS PVT. LTD. Super Stockist for Micro Retail Limited MIG 7/3, First Floor, 3rd Phase, KPHB Colony, Kukatpally, Hyderabad-72. Tel: 040-64559424 / 9676699424. Rao.penke@laxteksecurity.com.

RAY ASSOCIATES Structural Engineers Interior Designers & Surveyors. #1-397/109/2, Plot No.43/A, S.R.Nagar, Hyd-38. Tel: 23810311 / 9849928278. rayer.99@gmail.com / ray_vc@yahoo.com

VASTHU KRUTI KADAKIA Interior Designer & Pyravastu Expert #5-4-187/7/3, MG. Road, Secunderabad-03. Tel: 9885175458. kkadakia.n@gmail.com. SRI SAI VASTHU CONSULTANCY 3-2-4, Kingsway, R.P. Road, Secunderabad-03 Tel: 9885446501 / 9885449458. danthurivaastu@rediffmail.com

VENETIAN BLINDS / VERTICAL BLINDS Drapes N More 4-1-969/1/2, 1st Floor, Shankarlal Building, Abids, Hyderabad -01, Tel:-09848022900.

WIRE MESH FAMOUS WIRE NETTING WORKS Mfrs of:G.I.ChainLinkFencing, G.I&M.S. Welded Mesh, G.I., Barbed Wire, Perforated Sheet tec. Sale Depot : 11-166, Jamia Masjid Main Raod, Fathenagar,Hyd-18. CompanyAdd: #7-2-5/D/2, Beside Dena Bank, Sanathnagar Industrial Estate, Hyd-18. Tel: 66493539 / 9885227020. famouswirenettingworks@yahoo.in

WATER PROOFING SAMA BUILDING SERVICES WaterProofing&Epoxy applications. #6-1-1201, 2nd Floor,F-1, Opp:ShivanandaAshram, Padmaraonagar, Sec-bad-25. Branch office at VIZAG Tel: 64611759 / 9440031057.samabuildingservices@yahoo.in

S.S. ELECTRONICS & SYSTEMS # 5-19, Nagaram Main Road, Near ECIL 'x' Road, Hyd -83. Tel:32211616 / 8978441616. infosales@shivsaiindia.com, vanam1616@rediffmail.com. URL: www.shivasaiindia.com. TECHNO I CCTV-Access control System-Fire AlarmSystem.'A'Block,1stFloor, 108, Suryalok Complex Abids, Hyd-01. Tel:23230236 / 9700961170. rafi@technoisystems.com. URL: www.technoisystems.com. KNIGHT TECHNOLOGIES # P.NO. 11, 1st Floor, Public Sector Colony, New B o w e n p a l l y, S e c - b a d - 11 . Te l : - 3 2 9 9 2 1 6 0 , / 9948679045. Info@knighttechnologies.in. URL: www.knighttechnologies.in

STRUCTURAL ENGINEERS B.E. REDDY & ASSOCIATES Structural / Civil / Chartered Engineers, Town Planners Architectural Consultants & regd, Valuers & Survey & Loss Assessors. Approved Valuer For SBI, Canara Bank.

Builders and Developers please send your Project details to our mail-id: info@amstar.cc Contact: 040-31000815, 95500 01900.

April 2013 I Twin Cities REAL ESTATE BULLETIN I 45

Embassy, Blackstone to buy tech park for Rs 1951 crore

Bangalore's IT corridor. Embassy and Blackstone stake may climb to 66% if the talks with GIC do not succeed. Spokespersons for Embassy and Blackstone declined to comment on speculation. Embassy has paid Rs 200 crore advances after signing an initial agreement following nearly six month long negotiations. The transaction will eventually be routed through Embassy Office Parks, an equal joint venture with Blackstone to acquire tenanted office buildings in India, which already owns 13.5 million sqft portfolio earning Rs 700 crore annual rentals. Blackstone has invested almost $1 billion into Indian real estate in past two years, mostly to acquire office buildings and the residential portfolio of Merrill Lynch in India. Blackstone's appetite for office buildings is seen as

Southern real estate major Embassy Group and private equity giant Blackstone are buying out one of the largest IT parks in Bangalore, Vrindavan Tech Village(VTV), for Rs 1,951 crore ($356 million).HDFC Property Fund is expected to take 33% equity participation in the buyout, while GIC of Singapore is in discussions to pick up 16% interest. Embassy and Blackstone combine will own 51% leaving the rest with HDFC and GIC once the deal is formally structured. The acquisition will be funded through roughly Rs 900 crore debt and Rs 1,100 crore equity infusion from the acquirers. VTV, owned by a low-profile investor Vikas Telecom, has 106 acre land parcel including an SEZ under development in C

S ER VICE

ARCHITECTS Architects Inc Architects Inc 22/5 Gangadhar, Chetty Road, Bangalore- 560042. Tel:- 080 2557 3168. URL: - www.architectsinc.net

AIR CONDITIONING Aisumi India Private Limited Cabin B, 2nd Floor, Jubilee Building No. 45, Museum Road, Bangalore-560025. Tel: 080-40912974. Inquiry.india@aisumi.com Brosbel Engineering Pvt . Ltd. No. 309, LKS Complex, Ground Floor, 10th Main, Ist Block, HRBR Layout, Kalyan Nagar, Bangalore-43. Tel: 080-42686999.

C T

BENGALURU

G UIDE

Kohler India Corporation Private Limited #138/6, 1st Floor, 6th A Cross, RMV Extension, Sadashiv Nagar, Bangalore - 80. Tel: 080-23616208.

GENERATOR SM Baliga & Co. #52, RV Road, Basavanagudi, Bangalore - 560004. Tel: 9845319549, smbaliga&cop2005@gmail.com. Sri Raghavendra Generator Engineering Work # 184, R.H. Road, Basavanagudi, Bangalore - 560004. Tel: 9845429147.

HOTELS KR Inn Boutique Hotel No. 45, Old Madras Road, Krishnarajapuram, Bangalore -36. Tel: 9900018424. admin@krinn.in

BORE WELL CONTRACTORS Manasa Hitech Drilling Technologies #59/152, HBR Ring Road, Near Manyatha Tech Park, Opp. Prithvi Theatre, Nagwara, Bangalore-560045. Tel: 080-41685055. manasaborewell@gmail.com. Sri Siddaganga Borewell # 15/1, Papareddy Palya, Ring Road, 2nd Stage, Nagarabhavi, Bangalore-560072.Tel: 08022754069.

The New Casablanca No. 15, 1st Left, Taverekere Road, Koramangala, B a n g a l o r e - 5 6 0 0 3 4 . Te l : 9 7 3 9 8 2 9 3 6 4 . bookings_tnc@gmail.com

Mantri Developers Private Limited Mantri House, 41,Vittal Mallya Road, Bangalore - 560001. Tel: 080-41300000

ELECTRICAL CONTRACTORS Associate Electrical Enterprisez #112, 16th Cross, 5th Main, RMV 2nd Stage Sanjay Nagar, Bangalore -560094. Tel: 9741708522. sundar.abbs@gmail.com Sri Manjunatha Swamy Electricals #777, Chandra Mouleshwara Temple Street Hesaraghatta, Bangalore - 560088. Tel: 9900318533. manjunathhc8@gmail.com

ELEVATORS Hydro Fabs 626/1, Rajiv Gandhi Nagar, Bommanahalli, Bangalore - 560068. Tel: 080-25721271. Hi Space Elevators Pvt Ltd No 79, KR Colony, Domlur, Bangalore-560093. Tel: 9731374020.

PEST CONTROL Ashok Pest Control Pvt. Ltd. 003, Parivar Pearl Apartment, Near Vijaya Bank Colony, 60ft Road, Bilekahalli, Bannerghatta Road, Bangalore-560076. Tel: 09448494604. Ashokpest@gmail.com.

REAL ESTATE Spurthy Enterprises #62, keshava enclave, Arjun Town , kudulu main road, Madivala Post, Bangalore -68. Tel: 8892145642. devdas62@yahoo.in. Murali Associates Patel Layout, Bahublai Nagar, 5th Main, 5th A Cross, MES Road, Jalahalli Post, Bangalore -560013. Tel: 9738143107. timelytaker@gmail.com.

SECURITY SYSTEMS

HOUSING FINANCE

NSS Security Systems Pvt. Ltd #7, Rajkumar Building, Baglur Main Road, Kattigenahalli, YelahankaKoramangala,Bangalore-64. Tel: 9945009091. gnaik@nsssecure.com.

LIC Housing Finance #15/1, 2nd Floor, Hayes Centre, Hayes Road, Bangalore - 560025. Tel: 080-22960502.

Eureka Forbes Ltd. # 45, apt. 4305 , 4th Floor, High Point 4, Bangalore-06. Tel: 9035060608.vasudevag@eurekaforbes.co.in

INTERIOR DESIGN

STRUCTURAL ENGINEERS

Alona Kitchenette & Interiors Pvt. Ltd. # 102, 2nd floor, Opp.St.Peters School, Sarjapur Road, Kaikondarahalli, Carmelram Post. Bangalore - 35. Tel: 080-25746667, 9886788378. info@alonainteriors.com

Arvind Fabricator No. 240, First floor, Shetty Tower, Hosur Main Road, Hebbagodi, Bangalore -99. Tel: 080 - 65468427, 9448058628. arvindfabricator@gmail.com.

BUILDERS Shriram Properties Ltd No 40/43, 8th Main, 4th Cross, RMV Extn, Sadashiv Nagar, Bangalore - 560080. Tel: 080-40229999.

a safe bet, delivering stable 10 to 11% yields, India's volatile real estate market.VTV has troubles with some of its lenders, including an ongoing arbitration with Citigroup. The transaction is awaiting final advice on its structuring and some reconciliation of accounts. Embassy wants to utilize a large part of the land parcel towards other mixed use developments, including a large residential township in partnership with HDFC, said one of the sources cited earlier.VTV has developed office space of 2.1 million sqft and 75 acres of undeveloped land. The current tenant list includes Cisco, Sony, Nokia, and Ness Technologies among others. The acquirers will decide further utilization of available land between office space and other developments depending on the unfolding market potential.

LANDSCAPE ARCHITECT Integrated Design (INDE) th rd No. 698, 10 a Main, 33 cross, Jayanagar, 4 Block, Bangalore- 11. Tel: 26631398. indeinde@gmail.com

LAND SURVEYORS Allmark Surveys No.1635, 2nd Floor, Near Bus Stand, 40 A Cross, 22nd Main Road, 4th â&#x20AC;&#x2DC;Tâ&#x20AC;&#x2122; Block, Jayanagar, Bangalore - 41. Tel:66494393. allmarksurveys@gmail.com. Icon Cadsoft And Surveyors India Pvt. Ltd. No 329, 1st Floor, Near Jain Temple, 7th Cross, Lakshmi Road, Bangiappa Garden, Shanthinagar, Bangalore - 27. Tel: 66491083.

MODEL MAKERS Precise Engineering Models Pvt. Ltd. No.16, Premanagar, Laggere, Outer Ring Road,, Near Hotel Prakash Dreams, Bangalore-58. Tel: 65625233.

FIRE PROTECTION

PAINTING CONTRACTORS

Active Fire Services No. 70, Richmond Road, Richmond Town, Opp. Classic Building, Bangalore -25. Tel: 080 22224836. activefiren@gmail.com.

Fortune Enterprises nd nd #3, 2 Cross, 2 Stage, R.K. Layout, Padmanabha N a g a r, B a n g a l o r e - 7 0 . Te l : 9 8 4 5 0 8 8 3 7 0 . Prahalad58@gmail.com

46 I Twin Cities REAL ESTATE BULLETIN I 2013 April

B. Tank Engineering Pvt. Ltd Plot No. 77, 2nd Floor, 13th Cross Anugraha , Sampige Road, Malleswaram, Bangalore -560003. Tel: 9845380007, 080-23461292. admin@btank-eng.in. URL:- www.btank-eng.in.

VASTHU Astra Vasthu Consultant #8, Unnathi Apartments, 1st Floor, Malleswaram, Bangalore - 560003. Tel: 080 - 23465174. Yashvanth Vasthu Consultants #83, 32nd BMain Road, 4th Cross, Vysya Bank Colony, J.P. Nagar, 1 ST PHASE, Bglr -78. Tel: 9980638383.

VENETIAN BLINDS / VERTICAL BLINDS Srinidhi Tarpaulins Sri MMS Arcade, J.C. Road, Bangalore -560002. Tel: 26701482, 9448080671. srinidhitarp@gmail.com

WIRE MESH Hindustan Wire Mesh Industries No. 5, Malavalli Rama Rao Road , Avenue Road, Bangalore -560002. Tel: 9482388368, 9986133961. Hindustanwirewesh@gmail.com.

The preferred address for elite and middle class Well-laid roads, greenery, and state-of-theart sports stadium have enhanced the value of Pothunamallaiahpalem, popularly known as P.M. Palem (PMP), is nearly a 25-year-old residential colony founded by the A.P. Housing Board in 1982. The houses were constructed and handed over to the allottees by 1990. In all, 3,000 houses of multiple income groups had been constructed by the APHB, which subsequently triggered development in an area considered as outskirts of the city. Today, the area is home to the city's elite and upper middle class, who had built houses in

private organised real estate layouts. Today, the residential areas are expanding towards the NH 5. N. Ratna Prabha, a lecturer and a social worker, says that the area is totally pollutionfree, quite spacious, and well planned by the APHB with good roads and greenery and healthy environment. The presence of a police station right under our nose gives us a sense of security and confidence. Houses purchased from the housing board for a price of Rs.40,000, Rs.1.30 lakh, or Rs.2 lakh for LIG, MIG, and HIG categories are now being resold at a whopping Rs. 60 lakh (MIG) to Rs.1 crore (HIG). The residential township of PMP,

C O N S T R U C T I O N S E R V I C E G U I D E

VISAKHAPATNAM ARCHITECTS Nirmaan Architects 50-83-1/5 Mahura Nagar, Seethammapeta road, Visakhapatnam -16. Tel: 9704201438, 9494402204. Bsuresh600@gmail.com

AIR CONDITIONING Sri Vinayaka Fancy & Home Needs Door no 35-115/1, Opposteandhra bank main road, Narsipatnam, Visakhapatnam -531116. Tel: 08932-226115, 9885326115, srivinayakafurniture@gmail.com

BORE WELL CONTRACTORS Coastal Hydraulics Pvt. Ltd #27/32/41/1, 75 Feet Road, Near Ramakrishna Theatre, Visakhapatnam -530001. Tel: 9393264946, 0891-2579524. sales@chplindia.com.

BUILDERS BalaRaju Construction Co. #258, YMCA, Opp. Balaji Towers, Beach Road, Visakhapatnam -530017. Tel: 0891 - 2563565, 0891 - 2565053. Bcc.balaji@gmail.com

ELECTRICAL CONTRACTORS AP Marine Services 65-1-118 Sriharipuram, Near State Bank of India,Malkapuram, Visakhapatnam -530011. Tel: 9848525642, 0891 - 2740554. apmsvsp786@gmail.com.

ELEVATORS Jukki Lifts & Escalators Flat 1,Buddha Towers , Near Srikanya Theatre, Railway New Colony, Visakhapatnam -530016. Tel: 9908833558. leads@jukkiliftsandescalators.com.

FIRE PROTECTION Ahmed S Moloobhoy& Sons Pvt. Ltd. #24-4-12, Anchor House, Opp. Queen Mary Elementary School, Harbour Approach Road, Visakhapatnam -530001. Tel: 0891 - 2565227, 0891 - 2561803. shmvizag@shmshipcare.com

GENERATOR Abhishek Power Systems, No. 31-32-81, flat- C-8,G-II, Opp. Hotel Jupiter Ramakrishna Arcade Daba Gardens, Visakhapatnam -530020. Tel: 0891-6633910, 9848016910. Info@abhishekpower.com

HOTELS Hotel Kinnera Comforts 31-32-40, Dada Gardens, Beside Jyothi Theatre Ladies, Visakhapatnam -530020. Tel: 0891-6666500, 9703562256.

including the housing board colony and the actual village, has graduated into a sophisticated township with several high-rise buildings. The VUDA, of late, is laying a spacious 75-feet road in the village connecting the National Highway. The area also has underground drainage system in place. A missionary organisation called the Bethany Group has been working in P.M. Palem for three decades by providing education at affordable cost to the poor and middle class. The organisation is also running a primary hospital to take care of the poor and the needy in the area and running orphanages. Another noted education institution is the Sanketika Vidya Parishad.

HOUSING FINANCE

REAL ESTATE

Bob Housing Finance Ltd #30-10-33-2,Sai Surya Complex,Dhaba gardens, Visakhapatnam -530020. Tel: 0891-2540068

VS Real Estate Consultancy #297, Anandapuram Junction, Metta Main Road, Visakhapatnam - 530016. Tel: 7799290029

INTERIOR DESIGN

SECURITY SYSTEMS NavaradhiTechnologies Door -47, 11-8, Flat No. 2E, 2nd Floor, 1st Lane Kuppili Apartments, Dwarak Nagar, Visakhapatnam - 530016. Tel: 9885223770. Info@navaradhi.com

Studio 4 Arch #45-5-327,96A, M.I.G.2, Sriharipuram, Visakhapatnam -530011. Tel: 9703171333.

LANDSCAPE ARCHITECT Dream Space Interiors #9-19-55, VIP road, Kajaria Studio, Visakhapatnam -530003. Tel: 0891-2792024, 9848209951. dreamhomesvizag@yahoo.com

LAND SURVEYORS Global Technological Services Door - 8-7-10/3 Neel Kamal Street, Near Latha Hospital, Old Gajuwaka, Gujuwaka, Visakhapatnam 530026. Tel: 9618181499.

MODEL MAKERS Desire interiors 49-34-15A, Akkayyapalem, Near Venugopala Swamy Temple, Visakhapatnam -530016. Tel: 9985647980.

PAINTING CONTRACTORS Desire interiors 49-34-15A, Akkayyapalem, Near Venugopala Swamy Temple, Visakhapatnam -530016. Tel: 9985647980. Desireinterios@gmail.com

PEST CONTROL Technical Pest Control Services # 50-16-14/1, Seethamma Peta, Sree Sarada Nilayam apartment, Rajendra Nagar, Vizag-16. Tel:9848266598. Techpcs.hyd@gmail.com

Subscribe Real Estate Bulletin For Rs. 400 Only, Yearly 12 Issues

STRUCTURAL ENGINEERS Shilpa Architects & Interior Designers #5 & 6, Ground Floor, Potluri Classic, Main Road, Dwaraka Nagar, Visakhapatnam - 530016. Tel: 0891 - 2501228, 9849005499. Vastushilpa@yahoo.co.in

VASTHU Madhurima Builders & Vastu Consultant Annapurna Shoping Complex, Near Jayveri AutoTel, Teda Waltair Junction, Visakhapatnam -530017. Tel: 0891 - 6451919, 9246624248 drkhrao9@gmail.com

VENETIAN BLINDS / VERTICAL BLINDS Aaron Technologies #54-11-60, Plot -14, V.S. Krishna Government College Road, Maddilapalem, Visakhapatnam -531022. Tel: 9849112328. Aarontech@sify.com

WIRE MESH Evershine Wire Products Pvt. Ltd. #30-15-199, Opposite Dolphin hotel, Suryabagh, Visakhapatnam -531020. Tel: 9246169246. evershiesvaisag@yahoo.in

SB Interior Solutions

Now in Vizag also

TURNKEY CONTRACTORS

Flat No. 102, Bageeratha Apartments, Begumpet, Sec-bad. Ph: 040-2776 0448 / 81426 66452. E-mail: prdeep@sbinteriorsolutions.net. www.sbinteriorsolutions.net

April 2013 I Twin Cities REAL ESTATE BULLETIN I 47

Metro pushes residential demand in Habsiguda, Hyderabad Habsiguda, a major suburb in the eastern part of Hyderabad is witnessing increasing demand for residential units. Thanks to the upcoming Metro link! Since the construction of the Metro link from Habsiguda to Shilaparamam has started the capital and rental residential values in the locality have shot up substantially. “The residential and capital values for apartments have risen by 15-20 per cent in Habsiguda since the last six months owing to the ongoing construction of the Metro link,” says Raghupathy Goud of Sai Lakshmi and Co a city based realty firm. At present the average capital values of apartments vary between Rs 3,000-3,500 per sq ft whereas, rental values vary from Rs 8,000-10,000 for a 2BHK and from Rs 10,000-13,000 per sq ft for 3BHK units. The metro

link offers easy connectivity to the city centre. This is a boon for thousands of working professionals travelling to the city daily. Direct connectivity to Hitech City is the major plus point of this Metro link. “Travelling time from Habsiguda to Hi-tech City would be reduced to around 20 minutes once the Metro becomes operational. Earlier it took more than an hour to reach Hi-tech City by road,” says Gautam Mohopatra of Asterix Realfin Services, a city-based realty firm. Apart from Hi-tech City, the Metro link provides connectivity to 17 other locations spanning a distance of 21 km. These i n c l u d e Ta r n a k a , L a l a g u d a , M e ttu g a d a , Secunderabad, Parade Grounds, Paradise, Rasoolpura, Prakash Nagar, Begumpet, Ameerpet, Madhura Nagar, Yousufguda, Jubilee Check Post,

P a d d a m m a Te m p l e , M a d h a p u r a n d Shilparamam. The locality only offers G+4 and G+5 and G+7 structures by small city-based builders. Some of these include Yadav Reddy Builders and Prakash Builders among others. Presence of social and physical infrastructure like several government educational institutes such as NGRI (National Geophysical Research Institute), Indian Institute of Chemical Technology (IICT), Indian Statistical Institute etc, schools like Johnson School, Little Flower School, all major retail brands, well laid out roads, good water supply etc has grabbed the attention of buyers to this locality. With the Metro expected to reach the area by the end of 2014, the demand and prices for residential property is set to rise further.

PRODUCTS GUIDE INDEX 1. ALUMINIUM 2. BRICKS 3. CABLES, ELECTRICALS 4. CEMENT DEALERS & MFRS 5. CERAMICS & SANITATION 6. CONSTRUCTION CHEMICALS 7. DOORS & WINDOWS 8. FABRICATIONS, GATE / GRILLS, ROLLING SHUTTERS 9. FLOOR CARPETS 10. FURNITURE 11. GLASS 12. GRANITES, MARBLES 13. HARDWARE, TOOLS 14. IRON & STEEL 15. MATERIAL SUPPLY 16. MODULAR KITCHENS 17. PAINTS 18. PIPES & FITTINGS 19. PLATFORM TROLLEYS 20. PLYWOOD, TIMBERS 21. PRE-FAB STRUCTURES 22. PUMPS 23. READYMIX CONCRETE 24. SCAFFOLDING 25. SOLAR SYSTEM 26. TARPAULIN 27. WATER HEATERS, WATER TREATMENT PLANT

VENKATA CHALAPATHY TRADERS Wholesale In All Aluminium Profiles H.NO: 6-3-351, Timber Depot No. 18, New Bhoiguda, Near Bharat Petrol Pump, Sec-bad-03. Tel: 040-65140465 / 9248007630.

MAHALAXMI Door No. 8-3-858, Yellareddyguda, Ameerpet. Hyderabad-73.Tel: 9966553786.

UNIQUE ALUMINIUM FAB Dealers in All kinds of Aluminium Alu,Structural Glazing, A.C.P. Composite Panneling, Thoughned Glass Spider Glazing, Patch Fitting work, Shower Encluser’s Door Windows And Partitions, Aluminium Ladder’s And Vertical Blinds. H.No:13-6-439/1/A/98, Balaji Nagar, Ring Road, P.No:75, Mehdipatnam, Hyd -02, Te l : - 0 4 0 - 3 2 9 5 2 7 8 9 / 9 8 4 9 0 1 4 7 8 5 . aluminium.unique@yahoo.com.

KAIZEN HOMES PVT.LTD (We build trust). Plot No: 83, Seshachala Colony, East Maredpally, Sec-bad-26. Tel: 040-27737806 / 9948037846 / 9391016846. kaizencon@gmail.com

WAZEER ALUMINIUM PRODUCTS Mfr. of All Types of Industrial & Domestic Ladders & Climbing Systems. #25-40/15, East Anand Bagh, Hyd-47. Tel: 040 - 64539733, 9246849734. wazeeraluminiumproducts2000@yahoo.com

BRICKS M.A.K. PRECAST Mfrs:Hollow & Solid Blocks, Light Weight Bricks & Blocks. #18-12-418/D/F/6, H.B.Nagar, Chandrayangutta, Hyderabad-500005. Tel: +91 9246540335. makprecast@gmail.com

CABLES, ELECTRICALS CITY ONLINE SERVICES LTD #701,712 7th Floor, Aditya Trade Center, Ameerpet, Hyd-38. Tel: 040-66416882 / 9848127234. digital@cityonlines.com. URL: www.cityonlines.com

ALUMINIUM INDIAN METAL Dealers for All Kinds of Alluminium Extrusions, Grills, Ladders, Fabrication Works, With Doors, Windows Partitions and Structural Glazing's. #4-7-1106/4, Rang Mahal Road, Putlibowli, Hyd - 95. Tel: 9246576791 / 040-65401479. LUXURY GLASS & ALUMINIUM Architectural Glass & Metal Products. #5-6-246, Near Char Khandil, Agapura, Hyd, A.P. Tel: 040 - 24806727. luxurygls@gmail.com METAL HOUSE Stockist and Dealers In: Aluminium Sections, Sheets,Coils, Ladders, Grills, etc. A House Of Quality Aluminium Extrusion & Sheets. #7-3-706/3,Rashtrapathi Road, Sec’bad-3. Tel: 0404-27705692 / 9246531860 / 9391012900. houseofaluminium@gmail.com.

CEMENT DEALERS & MANUFACTURERS DIVYANI MARKETING Dealers in : Steel & Cements Plot No: 2-2-137, Jeedimetla Village Bus Stop, Opp-Bharat Petrol Pump, Medchal Road, Secunderabad. Tel: 040-64562700 / 9246559979. divyanimarketing@gmail.com.

CERAMICS & SANITATION HEMANTH ENTERPRISES Exclusive Bath Concepts. #5-2-157, Rashtrapathi Road, Secunderabad -5000 03. Tel: 040-27540198, 66322244. hemant_hemantenterprises@yahoo.com. SHANTI MARBLES Distributors Stockist & Dealers. # 8-3-217/16/M, Opp. HUDA Complex, Ameerpet, Hyderabad-38. Tel:-9849388631. shanti_marbles@yahoo.co.in.

48 I Twin Cities REAL ESTATE BULLETIN I 2013 April

CONSTRUCTION CHEMICALS

DOORS & WINDOWS >> WOODEN >> FIBRE GLOBAL FIBRE GLASS PRODUCTS 91/A, Phase I, IDA, Jeedimetla, Hyderabad - 55. Tel- 040-27750511, 27753156. Fax- 040-27953395. Mob-9346316561, 9000994554, 9949094690. global_pwd@hotmail.com GLOBAL WOOD PRODUCTS (P) LTD. 91/A, Phase I, IDA, Jeedimetla, Hyderabad- 55. Tel- 27750511, 27753156. Fax - 040-27953395. Mob-9346316561, 9000994554, 9949094690 global_pwd@hotmail.com PRITHVI WOOD DOORS Plot No.265, Public Sector Colony, New Bowenpally, Sec-bad - 11. Tel- 040-27750511, 27753156. Fax:27953395. Mob:-9346316561, 9949094690. Global_pwd@hotmail.com, info@prithvidoors.com URL: www.prithviwooddoors.com. REHMAN TIMBER TRADERS Spl. In: Indian Teak, Burma Teak, African Teak, Teakwood Doors & Flush Doors. Mfrs: All Types of Doors, windows, Furnitures etc. #8-1-123, Rahul Colony, Opp. Reliance Mart, Tolichowki, Hyderabad-500008. Tel: 9441002786 / 9848359196. rehman.timber@yahoo.com VINTAGE MOULDED DOORS Traders & Manufacturing Timbers. # 66, S.No. 1 & 2, Ground Flr, Mamathanagar, Nr Nagole ‘X’ Rd, Hyderabad-068. Tel: 9908590493 / 9705704090 / 8985042514. vintagedoors@hotmail.com

FABRICATIONS, GATE/GRILLS, ROLLING SHUTTERS SEKHAR ALLUMINIUAM FABRICATON #1-1-21-31/4A, Ram Naresh Nagar, Near Community Hall, Hyder nagar,Kukatpally,Hyd-72.Tel: 9849219587.

FLOOR CARPETS Alko Trading Co. Shop No: 5-1-1013, New Pather Masjid, Gowliguda, Hyd – 12.Tel : 040-24747909.

Outsiders rule the roost in GHMC Private persons call the shots at some GHMC circle and zonal offices, especially town planning wings. Be it building permission or getting Layout Regularization Scheme (LRS) or Building Penalization Scheme (BPS) work, they have to be routed through these unauthorized persons, who have been 'appointed' by GHMC employees. Official sources said as many as 200 persons (apart from the outsourcing employees) have been working at different offices of the corporation. Of them, 40 persons have been working at the L B Nagar circle and zonal offices. Services of these persons were being utilized by city

HYDERABAD FURNITURE FURNITURE RESALE All Scrap like Corporate Offices, A.C., UPS, Battery, Geyser, Generator, Computer & Iron Scrap, Wiring Houses. Office, Shop, Hotel, Furniture, Aluminium Partitions All Vessels, Door,Windows Elect Etc. 9014840678 / 9346842563. GREEN WELL SEATING SYSTEMS Symbol of Quality. Plot No.290, Hitex Road, Hi-tech City, Serlingampally, R.R.Dist-84.Tel:64500722/ 946580722. shiva.bandi@greenwellsystems.com / greenwellhyd@hotmail.com. URL: www.greenwellseating.com TAWAKKAL TRADERS (We purchase Office, House,Hotel, Hostel, Furniture & A.C.Generatores, Geyeser, Computors Etc., all kinds of Dismantling Goods like door & windows etc., Opp: Diamond Hotel , Near Ek Minar Masjid Nampally, Hyderabad- 01. Tel:9948699466 / 9849177941

GLASS DIAMOND POINT GlASS H.no. 12-1-486/A/132/A, Kishan Nagar, Asif Nagar, Hyd-67. Tel: 9949156252 / 9652180823. NEW DECCAN GLASS CORPORATION Etching, Polishing, Acid Texture, Air Brushing, Stain Glass, Fuzzing Works, Out Door Glass Fitting & Making Glass Tables. #5-3-964, Barkat Building Complex, Nizam Shahi Road, Hyd-12. Tel: 9290459786 / 9032314786.

JAI BHAVANI Glass, Plywood, Hardware & Aluminium 13-6-431/1/13/A, Ring Road, Moghal ka Nala ‘X' Road, Hyd -28. Tel: 9290776262 / 23511047. POOJA GLASS, PLYWOOD & HARDWARE 654,Gokul Plots, S.V.R. Colony, IX Phase, kukatpally Housing Board, Hyd–72. Tel: 040-64586215/ 9177373552/9966374052.URL: www.cedarindia.com.

IRON & STEEL >>SS STEEL HST STEELS PVT. LTD. Plot.No: 40/A, IDA, Balanagar, Hyd-37. Tel:23720174/9396814473. URL:www.hststeels.com. DHARNIDHAR METALS All types of S.S. Fabrication Works. #10-11-62/3, Fathenagar Main Road, Hyderabad-018. Tel: 040-66208699 / 9948541639 / 9248058699 dharnidharmetals@gmail.com.

MATERIAL SUPPLY K.G..N. S. BUILDING MATERIAL SUPPLIER 18-1-510/5/A, Opp. Abubakar, Masjid, Phool Bagh, Chandra yangutta, Hyderabad-05. Tel:-9392400636, 9392401636. MAHALAKSHMI CONCRETE PRODUCTS Mfrs: Concrete hallow & Solid Blocks, Pavers. Sy.No.41, Bollaram, Miyapur, Kizapally Village Road, Medak Dist. Tel: 66780191/9885856810.

MODULAR KITCHENS

ASBESTOS CEMENT WORKS D e s i g n e r Ti l e s , I n t e r l o c k i n g , Chequered, Clay & Fancy Tiles, RCC Jallies, Decorative Items. #8-1-21/103, Beside: Darrussalam Bank, Near: Galaxy Theatre, Surya Nagar, Tolichowki, Hyd-08. Tel: +91 9346296028 / 9885398969.

ADHUNIK DESIGNERS Plat no.792, (Above 5th Avenue Bakers Defense colony),Sainikpuri,Sec-bad-94.Tel:9849606217

TILES GALLERY #8-16-61, Sagar Ring Road, Bairamalguda, L.B. Nagar, Hyd-74. Tel: 040-64567834, 64547834, 9391051994. VIPULA TRADING COMPANY Distributor/Stockist/Dealer for Vitrified tiles. #8-7/1/A, Sai Nagar Colony, RCI Road, Beside Bank of Maharashtra, Balapur, Hyd-05. Tel: 9849737782. vipula.tiles@gmail.com.

HARDWARE, TOOLS ASHOK HARDWARE & PLYWOOD 17-1-197/1/2, I.S. Sadan Road, Saidabad, Hyd-59. Tel: 9885083958 / 040-65408685.

C T

PRODUCTS GUIDE

GRANITES, MARBLES

CHARBHUJA MARBLES # Flat No: 12, Mamtha Nagar, Ring Road, Nagole, Hyd-39. Tel: 9394075853.

commissioners and section heads not to avail the services of private persons without approval of the commissioner. Since there was shortage of manpower, the GHMC has been engaging persons on outsourcing (contract) basis by giving consolidated pay in all wings of the corporation. Apart from these contract employees, the town planning wing started utilizing the services of unauthorized private persons to help officers reduce their burden. The sources said the private persons have become conduits for town planning works like building permissions, creating fake documents and regularization schemes and it would be a herculean task to get things done without their support. Some corporators even

planners and assistant city planners. And, they were being paid 'salaries' by the town planning wing officers of respective circles. For instance, only two persons were allotted officially for the town planning wing of L. B. Nagar circle. However, more than 20 have been working unofficially at the office. Similarly, 10 persons have been found working at the East Zone office. Nearly, 20 persons have been working at different circles of West Zone."It has come to my notice that some private persons have been working in the town planning wing of the L B Nagar circle, other circle and zonal offices. I have instructed the deputy municipal

PAINTS PAINT HOUSE (Your favorite shop) # 5-1- 459/1&2, Jambagh, Hyd-95. Tel:040-32008787 / 9394478787. paintshouseindia@yahoo.com, paint_house_world@yahoo.co.in URL: www.painthouseindia.com SREE VENKATARAMANA PAINTS & HARDWARE Dealers in: Asian Paints, Alltek Paints & Texture, Lapp am, Birla Wall care Putty, & J.K. Wall Putty, Birla & J.K. White Cemnts, Surya Cem, Sheel & Godrej, Locks Etc., Shop No. 16-10-11/A, Sri Krupa Market Bus Stop, Malakpet, Hyd-36. Tel: 040-24547683, 9246377683. TRIVENI HARDWARE & PAINTS S.No. 9-7-86, Maruthinagar, Opp. New Santoshnagar, Hyd-59. Tel:24534386, 9391066466.

PIPES & FITTINGS Excel Tube Corporation 204, Anaya Complex, II Floor, Hill Street, Sec-bad-03. Tel:- 9848098485.

PLATFORM TROLLEYS Pioneer Industrial Fabrication 4-20/5 E.C Nagar, Main Road, Near Railway Station, Charlapally, Hyd-51. Tel:-65641782.

PLYWOOD, TIMBERS BALAJI GLASS & PLYWOOD CENTRE Dealers in: 710 BWT plywood, Decolom, Venners, PVC Doors, Molding Beeding, Fancy Hardware, Godrj Locks. #8-147, Maithripuram, Gayatri Nagar, Airport Road, Karmanghat, Hyd. Tel:9490117058 / 9985521845. BHARAT PLY ZONE D.No. 7-1-237/2, Near Yellama Temple, Balkampet, Hyd-16. Tel: 040-65511155 / 9550362630. blueappleplywood@gmail.com. BHAVANI TIMBER DEPOT Indian Teak wood African Teak wood, Sall wood, Flush Doors, Decerative Interior Doors. Plywood-Hardware & Glass. H.No:9-10, S.V.Nagar., Nagaram vill., Keesara Mdl., R.R.Dist-83. Tell: 9908648616. dheerajpatel33@gmail.com / bhavantimber.btd@gmail.com D.D.PATEL&CO., PLYWOOD-HARDWARE-SANITARY Dealers in: Architectural Hardware, Decorative Laminates, Hardware, Plywood, Locks, Amar Flush Doors, Timber Etc., #8-2-54, Sai Ram nagar colony, Ring road Karmanghat, hyd-79. Tel:04065555670 / 9700971304 / 9032326488. ddpatelphs@gmail.com DIVYA MARKETING Mfg. Of: Membrane Doors, Lamination Doors, Frp Doors, Flush Doors, Teak Wood, Salwood & Country Wood. Plot No. 72, DMRL Colony, Karmanghat, Saroornagar, Hyderabad-74, R.R. Dist. Tel: 9866120033 / 9866747703. J.B. SON'S GROUP TM ADHESIVE JOYBEES DECORATION Dealers for : Joybees Decorative Laminates. Sim Ply MR / BWP / BWR / Flexiply / Oxy Ply MR / Gurjan / Royal Bond Adhesive. Off: 5-6-172/1,New Aghapura, Nr. Charkhandil, Hyd - 01. Tel: 9000353578 / 8686921888. Fax: 040-24805578. Info@jb4group.com. URL: www.jb4group.com. NEW LAKSHMI TIMBERS Dealers In: Teakwood, Salwood, Country wood & Flush Doors. Plat No.141, Opp. Manda Mallamma Gardens, Near Hanuman Temple, Ring Road, Karmanghat, Hyderabad-79. Tel: 9959635888 / 9440295147. newlakshmitimbers@gmail.com SAYEED BROTHERS 24 & 25, Inside Dewan Devdi, Salarjung Market, Dewan Devdi, Hyderabad - 02. Tel:040-67116407. sayeedbrs@rediffmail.com.

April 2013 I Twin Cities REAL ESTATE BULLETIN I 49

apologized and removed the name from Faulty tax database leaves GHMC red-faced updated, the list as the payment was made last month for the

complained to the GHMC brass that private persons were keeping files with them, clearing them without any basic knowledge and even harassing citizens. They also reportedly 'misplaced' many files pertaining to LRS and BPS files and people have been making rounds of the offices for getting regularization proceedings. When contacted, GHMC chief city planner G V Raghu said they have been given some staff on outsourced basis (qualified persons) for helping the town planning wing in clearing BPS and LRS files. He said he was not aware of unauthorized persons working in planning wings of different circles.

Less than 24 hours after GHMC Commissioner M.T. Krishna Babu announced that the top 1,000 tax defaulters list would be displayed on the official website; the civic body had to change the nomenclature of the list. From the 'top 1,000 defaulters', it was forced to become 'top 1,000 arrears' list. That the list was put up hastily and without due diligence expected from the municipal corporation when it decided to publish it became apparent when this newspaper's name too figured in the list! A sum of Rs.34 lakh was shown as arrears including penal interest for the past many years when the fact was that payments were up to date according to the records. When brought to their notice, the GHMC central zone officials perused the records and realized that the central server was not U

C T

HYDERABAD

PRODUCTS GUIDE

SHREE HANUMAN ENTERPRISES Plywood, Venior & Hardware # 11-1268, Aghapura X Road, Opp. Syndicate Bank, Near JainMandir,Hyd-01.Tel:64536885 / 9494630639. mahaveer_interior@yahoo.com. SHREE YOGESWAR TIMBER DEPOT Dealers In Cut Size, Indian Teak & African Teak, Wholesale & Retail Suppliers. Shop No.6-3-356/4, New Bhoiguda, Secu-bad-03.Tel: 9440667208 / 9441231332. URL: www.aponlinepages.com SHREE RAJARAM SALES Stockist for: Membrane Doors, Plywood, Hardware, Timber, Sanitary and Paints. #8-16-61, Sagar Ring Road, Bairamalguda, L.B. Nagar, Hyderabad-74. Tel: 040-64591011, 9440683748, 9989244103. Harilal60@yahoo.com / haripokar@indiaiatimes.com. URL:www.rajaramsales.com. SREE RAMAKRISHNA TIMBER DEPOT # 8-3-322, Mumbai Road, Ameerpet, Hyderabad-500073. Tel:- 040-23733070 / 9885512131. srktd1964@gmail.com

entire amount. The Commissioner on Wednesday had told a press conference that all the payments made this year were 100 per cent digitized and reflected immediately on the central server. It was clear he was misled into believing that the database was foolproof as senior officials requesting anonymity admitted. “We are trying to make our database transparent,” said senior officials. The usual process of arriving at a tax rate and checking for payment is from the bill collector to the valuation officer, then to the chief valuation officer before being uploaded onto the central server. “There is no testing certification of our software and no proper data up gradation. It is not fair to put up a so-called defaulters list without screening,” aver senior officials.

PUMPS Ellen Pumps #7-3-177/A, Ghasmandi, Sec-bad-03. Tel:27705967 / 9490755585. ellensecunderabad@yahoo.co.in

READYMIX CONCRETE Charminar Concrete Products Pvt. Ltd. P. No. A-28/1/B-1, Road No.15, IDA, Nacharam, Hyderabad-39. Tel:- 09866231247.

MEGHA POWER ELEVATOR We Supply Quality Passenger Goods, Hospital Services Elevators, Dumb Waiters, Hydraulic & Auto Door Lifts

SCAFFOLDING Gesture Composite Tech #13-6-185/A/13, Mogal Nagar, Near Saba Hotel, Mogal-Ka-NalaRingRoad,Karwan,Hyd.Tel: 23510906.

SOLAR SYSTEM Adithya Solar Energy Systems #209, 1st Floor, Meghana Complex, Opp: Andhra Bank, Balanagar, Hyderabad - 37. Tel: 9966139777.

TARPAULIN

SREE VIJAY LAKSHMI TRADERS Mfrs.: Membrane Doors, Plain Doors. Dealers In: Plywood, Hardware, Flush Doors, Laminate Doors, Beadings,Veneers & MDF. Plat No.123, OPP. Andhra Bank, Gayatri Nagar, 'X' Road Karmanghat, Hyderabad-79. Tel: 64504621 / 9908691111 / 9000003574 srivijaylakshmi@gmail.com

PRE-FAB STRUCTURES N M R PREFABS PVT.LTD False Ceiling, False Our Services: Flooring , Fenesta UPVC Windows & Doors, Prefab Structures, Aerocon Partitions, Vinyl Flooring, Shera Plank Gazebo,Aerocon Blocks, Mezzanine Floor, Laticrete Wall Putty, Wall Paper, Wooden Flooring . # 25, Beside Mahankali Temple, Karkhana, Sec-bad - 09. Tel: 40068726 / 9298112211. nmrprefabs@gmail.com. www.nmrprefabs.com

Indian Tarpaulin 186/D, Plassy Lane, Beside Classic Dhaba, Bowenpally, Hyd - 11. Tel: 040-66048169.

WATER HEATERS, WATER TREATMENT PLANT ULTRAWATER SOLUTIONS & SERVICES PVT LTD. Manufactures of softeners, Drinking Water(RO)plants and sewage Treatment Plants. #1-24-124/5, Sri Sai Nagar, Lothukunta, Alwal, Secunderabad-15. Tel: 9550636334 / 9393153393. sales@ultrawater.co.in. URL: www.ultrawater.co.in

UNIVERSAL CHEMICALS Softners, Minerial Water, R.O.Plants, Sand & Carbon Filters. #25-13/1/2, Flat.-G3, Kousalya Residency, Talla Basti, East Anand Bagh, Malkagiri, Hyd-47. Tel: 9849875233 / 65264118. universal.chemicals@yah CONTRACTORS oo.co.in. URL: Www.universalchemicals. co.in

SB Interior Solutions TURNKEY

Flat No. 102, Bageeratha Apartments, Begumpet, Sec-bad. Ph: 040-2776 0448 / 81426 66452. E-mail: prdeep@sbinteriorsolutions.net. www.sbinteriorsolutions.net

50 I Twin Cities REAL ESTATE BULLETIN I 2013 April

Subscribe Real Estate Bulletin For Rs. 400 Only, Yearly 12 Issues

H.No. 2-1-50/82, Mahankali Nagar, Kukatpally, Hyderabad - 500075 Ph: +91 9059488385 / 9397338654 Email: meghapowerelevator@gmail.com

Bangalore awaits development corridors Following the Union Budget, Bangalore is anticipating major developments impacting its real estate market. The recent announcement of the business corridor by Finance Minister P Chidambaram has brought a cheer to the city realtors. As the dream project the Peninsular Region Industrial Development Corridor (PRIDe corridor) or the Andhra Pradesh-ChennaiBangalore-Mumbai corridor comes close to reality, the industrial potential of Bangalore too will get set for a revival. The corridor would connect major cities in the south such as Bangalore and Chennai with Mumbai. The business prospects of the stretch will rest on its infrastructure and connectivity with each city. PRIDe corridor is expected to provide a strong transport system

along with outstanding connectivity to industrial zones. Looking at its scenario, experts say that the corridor will be a boom for industrial markets across the city. “It is still too early to talk about the corridor's impact on the Bangalore's market. But the next 6 months may see a rise of 15-20 per cent in capital values across the city,” says Pratap Reddy, of Hanu Reddy Realty. The localities which will be impacted by the realization of this corridor majorly belong to the western part of the city. “West Bangalore is still under development. The corridor will play a big role in its growth. Localities that would witness a major impact include Peenya, Jallahalli, Dasarahalli and Tumkur Road.Tumkur Road is already booming on the industrial front due to the planned national investment and manufacturing zone (NIMZ) which would be a 5,000 hectare integrated industrial C

BENGALURU

CABLES, ELECTRICALS Bangalore Powers No. 3, 2nd Floor, Manju Building, Near Abhinaya Theater, B.V.K.Iyengar Road, Bangalore - 560053. Tel: 9880310997. bangpowers@yahoo.com.

CEMENT DEALERS & MANUFACTURERS Teraco Marketing Consortium No. 2/4, hanumaiah reddy road, Ulsoor, Bglr - 560008. Tel: 9880832043, 65639788. Teracotiles@yahoo.com

CERAMICS & SANITATION Bangalore Ceramics No. 48, 49, 50, 1st Main New Timber Yard Layout, Mysore Road, Bangalore -560026. Tel: 9845828670. bangaloreceramics@gmail.com.

C T

FURNITURE

PLATFORM, TROLLEYS

Advantage Chairs 23 Lang Ford Road, First Floor, Near Bangalore Institute of College, shanthi nagar, Bangalore -560027. Tel: 9880466940.

Yashas Engineering No. 19 & 20,Shantha Complex, Lady Curzon Road, Shivaji Nagar, Bangalore - 01. Tel: 9880090930.

BRICKS Cement & Sri Balaji Bricks #16/A, 80 Feet Road, B.S.K. 6th Stage, 11th Block, Kengeri, Bangalore -560060. Tel: - 9972438552. chetan5377@gmail.com.

PRODUCTS GUIDE

ALUMINIUM Alluintex #29/3, Byrappa Garden, Jalahalli Post, Jalahalli Bglr -13. Tel: - 9886550555. kesav@alluintex.com

township. The Bangalore-Mumbai corridor crossing through Tumkur Road will be an added incentive to its growth. The shifting of the Peenya industrial belt to Dobbaspet in west Bangalore is also an indication of the western front picking up its industrial activity. Similarly, along the route of the Chennai-Bangalore corridor, Hoskote in the eastern outskirts of Bangalore would be the biggest gainer. The key businesses that would be seen mushrooming along this corridor would include industries such as cement, steel, IT, food processing, automobile and manufacturing, petroleum and chemicals etc. While the city has a lot in pipeline on the industrial front, the realtors feel that the residential market will also be benefitted through this corridor as the demand for housing would increase.

PLYWOOD, TIMBERS

GLASS A.D. Associates #16/17, Ramakrishna Nagar, 100 Feet Road Nagar, Bangalore -560078. Tel: 9986954131. bhuvadesigner@gmail.com

J.P.

AAman Plywood & Furnitures Shop #No. 244, Jeddah Complex , Main Road Devarajeevana Halli, Bangalore -560045. Tel: 080 - 25465697, 9448017191.

PRE-FAB STRUCTURE

GRANITES, MARBLES Aditya Stones #17, Magadi Road, 2nd Main Road, Ranganathapura, Basaveshwara Nagar, Bglr-79. Tel: 9343718044. Ajay Marble No. 10, Anjanapura Post, Near Hanunam Temple, Ajjanahalli, Bangalore -562130. Tel: 9901823884, 8088224908.

TEXSHADE PREFABS Pvt. Ltd. No. 1, survey 61/1, Opp. NSP Electronics, Avalahalli, Virgo Nagar Post, Banglore -560049. Tel: 09739995565, 08028472606. coo@texshade.in

PUMPS

HARDWARE, TOOLS

Gears & Gear Drives No. 585 9th A Main, 1st Stage, Indira Nagar, Bangalore -560038. Tel: 080 - 25214271, 25281306. Info@gearsandgeardrives.com

Tejas Play #519, 100 Feet Road Ring, 5th Block, Jaya Nagar, Bangalore -560011. Tel: 080 - 26597627.

READYMIX CONCRETE

IRON & STEEL

C.R. Revanna Gurusiddappa #79, O.K. Road, Rajipet, Bangalore City H.O, Bangalore -560002. Tel: 9243122987.

>>SS STEEL

CONSTRUCTION CHEMICALS Chowgule Chemical Industries Ltd #2, 2nd Floor, Unity Building, Opp. LIC Building, Tower Block, Mission Road, Bangalore -560002. Tel: 9901146854. bnsrinivas.pk@chowgulekoster.com

DOORS & WINDOWS >> WOODEN >> FIBRE Aalfa Window Systems No. 9, Main Road, Behind Mobentick Hotel, HMR Layout Gokula, Bangalore - 54. Tel: 9341774161.

SCAFFOLDING Balaji Traders #1, KVN Complex, I.C. Palya Main Road, Akshaya Nagar, Bangalore City H.O, Bglr -16. Tel: 9341261989.

MATERIAL SUPPLY Teraco Marketing Consortium No. 76, A Narayanapura Main Road, Near KR Puram Railway Station, Duravani Nagar, Banglore-560016. Tel: 65639788, 9880832043. teracotiles@yahoo.com Anurag Enterprises No. 82, near shaneshwara temple, Vastu Layout, Kudlu Village, Hosur Road, Bangalore - 560068. Tel: 9845296668. anurag.cements@gmail.com

FABRICATIONS, GATE/GRILLS, ROLLING SHUTTERS

MODULAR KITCHENS

Promocamp Services India Pvt. Ltd 45-1, 5th cross, sri gandhada kavalu, industrial estate, hunumantha nagara, Sunkadakatti, Banglore: 560091. Tel: 9845075647.

Elements Kitchens Solutions Pvt. Ltd. No. 241, K.R. Road, Shastri Nagar, Beside Sarada Indian Oil Petrol Bunk, Banashankari 2nd Stage, Bangalore -560070. Tel: 9900269592, 26763031.

FLOOR CARPETS

PAINTS

Rahul Enterprises #89/1, J.C. Road , Opp. SKC Complex, Next To SBH Bank, Bglr -02. Tel: 9740875554. gmvikas@ymail.com

L.P.V. Paint Specialities Pvt. Ltd. Phase-1, 3rd Main,Peenya S.I., Near FFI Garments, Bglr -58. Tel: 9448483603. lpv@bgl.vsnl.net.in

Srinidhi Tarpaulins #48/1, Sri MMS Arcade, Near Hotel Mayuri, J.C. Road, Bglr-02. Tel: 9448080671. srinidhitarp@gmail.com

PIPES & FITTINGS

Eshwar Infratech Pvt. Ltd. No. 86/2, Nafab Compound, Thubarohalli, Varthur Main Road Varthur, Bangalore -560066. Tel: 9535346464, 080 - 28525538.

SOLAR SYSTEM Solarizer - Reddy Solar Energy #2, Sri Sesha Sai, 6th Main, 1st Block Ramamurthy Nagar, Bangalore -560016. Tel: 9886999633. asreddy369@yahoo.co.in

TARPAULIN M.R. Enterprises Spurthi Kalakendra Building, Near Johnson School, Sangollirayanna Road, Bomannahalli, Mangammana Palya, Bangalore -560068. Tel: 9731457540.

WATER HEATERS, WATER TREATMENT PLANT G.L. Technologies #19, 2nd Floor, 1st Main, 2nd Stage, Opp.Vijaya Bank, West off Cord Road, Rajaji Nagar, Bangalore -560086. Tel: 9379945369. psp.smp@gmail.com

AI Pipe Bending Works Gangondahalli Main Road, Opp. Govt Kannada School, Rajarajeswari Nagar,Bglr-39.Tel: 9902265261

April 2013 I Twin Cities REAL ESTATE BULLETIN I 51

Park in Vizag waiting to be developed Space for a park in the midst of the colony behind the police station is waiting for some one to develop it. Though there are residences surrounding the park, nobody is taking interest to plant trees, develop walking track, or do anything worthwhile to promote greenery in and around the park. The lone park is filled with thorns, thistles, and useless plants. Another resident D.Vijaya Lakshmi wants the GVMC to take the lead for developing the park with the cooperation of locals. Several residents say that despite the presence of a police station, thefts are reported when residents lock the houses

“Life is peaceful and environment is healthy. One thing that makes us feel insecure is absence of medical facilities. The colony does not have even a good park. We have no rythu bazaar too” says D. Vijaya Lakshmi, a resident. The once active welfare association of the three-decade-old PMP Colony is today not functioning. With the original character of the once closely knit colony experiencing demographic changes, a sense of association and family spirit is lost and people hardly have time for anything, says Venkat Rao, a resident of the colony. C

C T

VISAKHAPATNAM

PRODUCTS GUIDE

ALUMINIUM Aluminium Corner #27-32-13/1, 75 Feet Road, Vizag-530001. Tel: 9885169694

BRICKS Balaji Hydro Lifting & Hardware #27-32-98, 75 Feet Road, Opp. Madhuva Residency Hotel, Vizag -530001. Tel: 9440147162.

CABLES, ELECTRICALS Hyderabad Agencies #49-25-1/2, Madhura Nagar, Near Municipal School, Visakhapatnam -16. Tel: 9885250600, 9885036660.

CEMENT DEALERS & MANUFACTURERS Collooru Brothers #28-14-15A, Suryabagh, Beside Rajkamal Theatre, Visakhapatnam - 20. Tel: 9848114602, 0891 - 2561784

CERAMICS & SANITATION Sky Plast Surface Coatings #50-81-22/1, Main Road, Behind Central Bank, Seethammapeta Bazar, Vizag-16. Tel: 9848194594.

CONSTRUCTION CHEMICALS Hindustan Construction Chemical & Allied Products #47 Block E, Extension Autonagar, Opp. N.M.D.C. Ltd. Gajuwaka, Vizag-20. Tel:9848111680,0891 - 2514243.

FABRICATIONS, GATE/GRILLS, ROLLING SHUTTERS Sri Krishna Modern Grills NH-5, Maddilapalem, Near Automotive Company, Vizag -530013. Tel: 9346689269

Alpine Doors & Plywood 49-24-30/1, Ramakrishna Nagar, Dwarakanagar, Visakhapatnam -530016. Tel: 9849819191.

Sai Deep Floor Decors #10-50-47, Waltair Main Road, Near CDR Hospital, Ram Nagar, Vizag-02. Tel: 9848120108.

Shop : 040 65140465 Cell : +91 92480 07630

Rdc Concrete (I) Pvt. Ltd. #Plot No.98C, D-Block, Opp. Gajuvaka RTO Office, Auto nagar, Vizag -530012. Tel: 9989855249.

CEC Projects Inc. No. 48-16-7/15, Flat No 503, Asilametta Juction, Sri Sai Paradise, Sri Nagar, Vizag -16. Tel: 9246422899.

PAINTS

FURNITURE Crm Enterprise D No 47-9-4, Punnami Complex, 3rd Lane, Dwaraka Nagar, Vizag -16. Tel: 9848170069.

Ali Hardware & Paint Stores #26/24-30, Velampeta, Near Head Post Office, Visakhapatnam -530001. Tel: 9440996478.

PIPES & FITTINGS

GLASS Om Glass N Ply Industries Pvt. Ltd. D No. 50-92-35/3, Shantipuram, Near Vertex Interiors, Shankar Matam Main Road, Vizag -530016. Tel: 9440610051, 9440610052.

GRANITES, MARBLES Marine Electronics & Navigation Systems Pvt. Ltd. #25-12-7/1, ground floor, Sri Dhanalakshmi Arcade, Godavari Street, Vizag -530001. Tel: 9848689328.

HARDWARE, TOOLS Kailash Hardware Corpn #27-32-47, 75 Feet Road, Near Dolphin Hotel, Vizag - 530001. Tel: 9848198486, 2569079.

Perfect Tube Centre Pvt. Ltd. 28-13-5/2, Suryabagh, Vizag -20. Tel: 9030724021.

PLYWOOD, TIMBERS N C L Inds Ltd. #50-48-13, P&T Colony, Sithamma Dhara, Visakhapatnam -530013. Tel:- 0891 - 2543533

PUMPS Phoenix Power Products #44/38/12/23, Akkayypalem, Near 80 Feet Road, Vizag -530016. Tel: 9848027047, 0891 - 2747225.

READYMIX CONCRETE Murali Krishna Enterprises #9-32-8, Pitapuram Colony, Vizag -03. Tel: 2573624

IRON & STEEL Beekay Steel Industries Ltd. Plot No. 19-21, 24-26, E Block, Near Auto Nagar, Vizag -530012. Tel: 9989588025.

Online Edition www.estatebulletin.in ADI. AVINASH

MATERIAL SUPPLY

MODULAR KITCHENS

FLOOR CARPETS

DOORS & WINDOWS

and go out of station. They are also concerned that the police station is being shifted to Yendada, and if that happens, at least a police outpost must be in place, the residents feel. The residents feel that the area does not have either a government or private hospital worth mentioning for attending to general treatment. For every minor health issue one has to run to the city. In times of emergency, the residents rely upon only the 108 service.

SOLAR SYSTEM Solarium - Solar Shoppe #43-9-185, Subbalakshminagar, Opp. Sri Kanya Theater, Dondaparthi, Vizag - 16. Tel: 9885364101.

VENKATA CHALAPATHY TRADERS WHOLESALE IN ALL ALUMINIUM PROFILES (DOORS & WINDOWS)

H.No. : 6-3-351, Timber Depot No. 18, New Bhoiguda, Near Bharat Petrol Pump, Secunderabad-500 003. Email :- vcaluminium@gmail.com 52 I Twin Cities REAL ESTATE BULLETIN I 2013 April

BREAKING THE REGULAR PURCHASE PATTERNS

BUILDING MATERIALS PURCHASE SIMPLIFIED

31000815, 23220313, 46464747 ( 30 lines) info@acharate.com

acharate.com

Registrar of Newspapers for India Regd No. 52787/1991

Postal Regd No.HD/1168/2012 Date of Publication 1st to 30th April -13

HYDERABAD ON SALE PROPERTIES

MEGA

PROPERTY

& HOME STYLE EXPO

21 22 23 June 2013 @ HITEX - HYDERABAD

Book your stall now, call 040-31000815, 040-46464747, +91 9550001900, +9I 9010683802 or mail to info@amstar.cc