ORR improve to Hyderabad Real Estate

The Hyderabad Urban Development Authority (HUDA) is set to decongest the traffic-pressure steaming on the existing major principal roads of Hyderabad. The city has an enormous number of 1.8 million personal vehicles running on its streets every day, and about 2-lakh new vehicles are added in the kitty, each year. Areas such as Sagar and Vijayawada Highway are also expected to get some push after the second phase ORR work would be initiated.

Real estate consultants in Hyderabad maintain that property prices in and around the project sites like Shamshabad, Kothur and Mansanpally would go up gradually with the progress in the construction of the project.
As witnessed across the country, the state of road infrastructure has been a major property values, definitely, the same holds true with Hyderabad properties as well.

Real estate consultants in Hyderabad keep that property prices in and around the project sites like Shamshabad, Kothur and Mansanpally would go up slowly with the progress in the structure of the project. Areas such as Sagar and Vijayawada Highway are also likely to get some drive after the second phase ORR work would be began.

The project, planned to complete in September 2008, has brought major progress in the real estate sector of Hyderabad. The developers have taken a prompt from the project, planned in 2004, well enough and now the city brags of a bunch of group campuses, row houses, exclusive office and retail space around the project sites. As a matter of fact, the countryside areas that the ORR touches are now being viewed as hot belongings.

Property Prices in Mumbai, Delhi and Bangalore

The sharp increase in housing loan interest rates in the last few months is mainly responsible to drive the prices dropping. For instant, the Reserve Bank of India restrained the extraordinary growth in bank credit on April 18 to take an approach in its annual financial strategy. In this regard, the RBI advised banks to lift up the provisioning necessities for housing loans beyond Rs 20 lakh from 0.4 per cent to 1 per cent.

Market reports dot to reduction in property prices across the metro cities in India such as Delhi, Mumbai and Bangalore. All these cities have witnessed a huge pile up in prices over the last few years. Property prices in other cities such as Kolkata and Chennai that still have reasonable housing available are not seeing a decline, though growth rates may move down slowly.

In Mumbai, prices of apartments in areas such as Andheri and Goregaon are about 20% below their peak prices according to real estate brokers. Prices have also fallen in Navi Mumbai and other suburbs. While the monsoon season is typically a low season, this time there is a 25% plunge in transactions, leading to force on prices. While the mid-market segment has seen a decline in property prices, the prime residential market has till recently done very well.

Real Estate in Greater Hyderabad

Greater Hyderabad lies in close proximity to Hyderabad, the capital of Andra Pradesh.
As the twin cities of Hyderabad and Secunderabad became famous for large scale developments in IT sector, real estate in Hyderabad began to grow gradually. The marvelous growth of realty industry left the city congested shifting the attention to nearby cities like Greater Hyderabad.

Among the favorite residential areas in Greater Hyderabad are Gaddiannaram, Alwal, Uppal Kalan, L.B. Nagar, Rajendranagar, Kapra, Patancheru, Qutubullapur, Serlingampally, Tukkuguda, Malkajgiri and Ramachandrapuram. In the commercial sector, offices of prime enterprises, various shopping complexes, cinema halls, hotels, restaurants, health care centres, etc. have been coming up.

Greater Hyderabad has a high inhabitants and the rapid development of its real estate has become active in supporting them. There has been a swift rise in the demand for housing property in Greater Hyderabad due to better employment opportunities and educational.
The primary reasons for increasing of realty prices in the city would be:

Pranab Mukherjee has announced the price hike of cement in his recent budget. Realty developers will now build apartments and building at a higher cost. Clearly, realty prices are all set to shoot up soon.

Property developers are aware of the fact that buying capacity of the consumers has full-fledged. After the recovery of global recession, investors are showing more interest in buying property and so, the demand has increased. This will lead to a supply deficit ultimately raising the prices.

As soon as Telangana issue gets resolved, investors would crowd the city. The sudden rush for Greater Hyderabad property would logically result in showing up the prices.

Apparently, it is the best time to invest in Greater Hyderabad property sector as prices can support and strengthen up anytime. You can get the cheapest deals in the current times that you never got before.

Investing Properties in India

You can invest in properties in India. If you set up an office or housing property in the smaller cities such as Indore, Jaipur, Ahmedabad, then it can give you great revenue. To invest in India’s commercial hub cities such as Chennai, Bangalore, Delhi and Kolkata no doubt is a great plan to earn revenue. You can also earn revenue from investments in hotel industry or resorts. There are many resorts and hotels in India like Goa. You get varieties of landscapes like seaside, hill station, bungalows farmlands, and agriculture lands in India. So you have numerous choices.

Indian markets are in the flourishing stage. There is a monthly magazine known as Realty Plus which gives in-depth reports, analyses, surveys, and expert view of real estate market. You can also learn about buying, selling, leasing and renting of properties in India analyses.
Indian real estate market is constructive for all kind of investment. No matter whether the investment is in land, land services, real estate of residential properties.

You can get all sizes land available in India. Especially land in the outskirts of smaller cities as well as bigger cities are always on demand, apart from the lands in rural areas. You can get lands at cheap rates in rural areas, if you are planning to invest in agricultural land, farmland, and factories. These lands are big in size to build up commercial ventures.

You can find various options available in Indian Real Estate market, if your focus on selling or buying commercial or residential properties. And moreover Realty Plus magazine provides you the entire information on Indian Real Estate business.

Hyderabad property map – where to buy

Hyderabad Property Map - Where to buy?

Hyderabad Property Map - Where to buy?

Hyderabad property map – where to buy? All of us are aware of current telegana activities in Hyderabad. Considering  this T factor we thought of plotting all latest properties on a map so we can decide which location and the property is best. At this point we don’t expect any further growth so areas like TELLAPUR, GOPANPALLY need much more time to develop. It would be hard to sell appt in this areas as they are very far from the center of the city. Traffic condition is not so great. Also you can’t find proper shops, hospital, scholls next to it.

We would suggest you to buy properties inside the city. You can manage better deal due to T factor and recession. You don’t need to travel kms to buy one affordable appt at this point. For example Indu Annexe @2700/- pet SFT which is next to Hitec City and all facilities are next to it (KPHB is well known residential area). Prajay Megapolis next to Indi @2200/- per SFT (approx pre launch price). Rainbow Vista @2400/- per SFT in that area. We think these three projects are better option than projects located far from the city. Please share your thoughts.

Note: We tried to evaluate Manjeera Diamond towers as they are offering appt at a price like Rs.2200/- per SFT. We used the location map available on their site to plot the other projects so you can compare.

Indu Fortune Field Annexe – Phase 2 E Brochure

Indu Fortune Field Annexe – Phase 2 E Brochure – Another mega project in that area is Prajay Megapolis. Compare Indu Fortune Field Annese with Prajay Megapolis

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Indu Fortune Fields Phase 2 near Hitech city MMTS

Indu Fortune Fields is one of the prestigious project in Hyderabad. This project got huge support from the earlier CM YSR and his Son. After the death of CM this the first time Indu is launching another project. They planned to construct commercial complex but this location is not so great for commercial complex so they have opted for 2/3 BHK flats.

Location: Next to HiTech City MMTS and opposite to their current sales office.
Apartment Sizes: 1200-1500Sft (2,3 BHK)
Floors Details: G+12, G+8 (Each Floor 8 Flats). So approx 248 flats in this phase.
Position: Sept-2011. They can do it as they are not constructing the club house

Amenities: No club house but you can opt for their existing club house by paying extra. Rs.350000/- for Car Parkings, Water, Electricity etc.

Indu fortune field phase 2 will be constructed in a land of around 3.5 acres.They are offering first 100 flats at pre launch price of Rs.2600/- per SFT (FYI, Prajay Megapolis next to this project offering flats at Pre Luanch price of Rs.2250/- per SFT). We did see the floor plan yet so not sure about the carpet area (Prajay Megapolis offer approx 80% carpet area which is huge compare to other builders).

Note: Prajay Engineers is also offering their project “Prajay Megapolis” very next to Indu Villas under Prelaunch price @2250/- per SFT . Prajay Megapolis is a 22 acres township of 3200 flats of sizes ranging from 600 SFT 1BHk, 970 SFT 2 BHK, 1170 SFT 2.5 BHK, 1487SFT 3 BHK and >2000SFT 4 BHK.

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Hyderabad real estate update December 2009

Hyderabad real estate update December 2009 Yesterday few TRS supporter destroyed the impression of this cool city to protest the arrest of the TRS leader. Builder are trying hard to recover from the slow market but this T factor can spoil everything.

Market is picking up very slowly. Only appt with price 20 to 30 lakhs are selling these days. People don’t want to invest more. There are so many builders offering huge numbers of flats all over the city but the numbers of buyers is not so huge. So apartment with good location and price can sale their apartments only. The inventry is so huge that we don’t need to launch in next 3/4 years to support the demand.

What’s the latest price offering by the builders?

  1. Lanco Hills – It’s a failed project. There is no taker so seeling lanco hills appr even at 3000/- per SFT is tough.
  2. Western Construction at Manikonda – Project is delayed. The price would be 2300/- to 2500/- per SFT
  3. Mantri Celestia at Gachibowli – They are quoting 2900/- per SFT. Consider floor plan, carpet area, specification before you invest in this project.
  4. Diamond Towers at Tellapur – 2150/- per SFT. You must visit the area before you opt for this. Can you live in that area in next 1/2 years?
  5. Aliens Space Station 1 – Must visit the area and look at their floor flan. You can manage a flat at < 2000/- per SFT. The Marketing team is very strong so better don’t listen to them. Try to find out information on web.
  6. Bharat Iconia – Not sure if they are abale to remove the HT wire. They were quoting price 2400/- per SFT. Must consider the carpet. These days most of the builders are offering less than 70% carpet area. ideally it should be 80%.
  7. Sairam Towers at Miyapur – They were quoting 2500/- per SFT. As per current market condition they can’t sale at that price.
  8. Rainbow Vista – They sold at Rs.2400/- per SFT and they are planning to launch the second pahse at 2700/- per SFT but they need to think twice as Prajay megapolis and Indi Fortiue Field phase 2 would be much better project than Rainbow Vista
  9. Prajay Megapolis next to Indu – Pre launch price 2250/- per SFT. Competitive price.
  10. Inuu Fortune Field Phase 2 – The location is better than the phase 1 location but they are not constructing any club house and swiming pool in this project. You need to pay Indu to use the swiming pool and club house at Villas or the Phase 1. Pre launch price is Rs.2600/- per SFT.

Please reply with the latest prices offered by other builders in the city.

Compare Prajay Megapolis with Rainbow Vista from Asoka Builders

Please find the phptos, videos and pdf presentation, please visit Prajay Megapolis Hyderabad near Hitech City

We came to know that rainbow vista is planning to launch their second phase in next 2 weeks time. The flat sized would be little bigger this time and the launch price would be 2500/- per SFT. Ideally you manage a flat at Rs.2400/- per SFT base price.  Let’s compare Prajay Megapolis with Rainbow Vista from Asoka Builders – These two projects can be compared because they are located near Hitech City MMTS and they come up with 2/3 BHK appts of same price. In last 100 days Asoka Builder has sold approx 400 appts at approx Rs.2400/- per SFT (Amenities & car park extra).

Prajay Engineers is offering Prajay Megapolis flats at Rs.2250/- per SFT as a pre launch price. Price range is almost same. There is no east facing charge in Prajay where rainbow charges Rs.30/- per SFT. Praking is 1L in Prajay & 1.75L in Rainbow Vista. There is little price difference and Rainbow Vista is in the higher side.

How about the location? Prajay Megapolis would be nearer to Hitech CIty MMTS and Cyber Tower. Also it would be very near to Hafizper MMTS using the new road that goes in front of Indu fortune field. Location wise Prajay megapolis would be good because Rainbow Vista is very near to Moosapet.

How about the quality? Asoka Builder has good reputation. It seems they have outsourced construction to local builders where Prajay is trying to outsource to BL Kashyap (not yet finalized). Other specification of lift, walls, floor, doors etc looks same.

It’s a great opportunity for people who didn’t buy Rainbow Vista. Also location wise Prajay Megapolis would be better than rainbow Vista.

Mantri celestia next to wipro polaris junction Gachibowli Hyderabad

Mantri celestia next to wipro polaris junction Gachibowli Hyderabad : Apartment complex is 24 stories high and comprises 2 and 3 BHK flats. Total 1152 flats in approx 4 acres of land.

FInd Mantri celestia ebrochure here

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