HYDERABAD REAL ESTATE BLOG. HYDERABAD REAL ESTATE NEWS, NEW PROJECTS & PRICE TRENDS

GCI Enterprises, Sansui Technologies - Recruitment Scam Companies. Take Care!

2010-05-06T21:42:00.000-07:00

Scamsters always look for weak targets to trap and defraud them. Job seekers as a community, suffers from eagerness to land a better job with better pay. It’s a very large community to boot with lakhs of people on the look out, every day, to switch jobs. Fake recruiters are having a ball right now, dangling plump offers and hooking hundreds!

Its most unfortunate that people who apply for jobs expecting a larger bank balance, find their hard earned savings diminished, instead. Last 3 months have seen hectic activity in the cyberspace by so called companies “GCI Enterprises” and “Sansui Technologies”.

While “GCI Enterprises” is most likely a newly coined name, fraudsters behind “Sansui Technologies” are impersonating the electronics company Sansui. The Modus Operandi is similar. Send out mass mails asking recipient to apply for job with fancy salaries. Once you reply, you will get response that you have bean selected and need to attend for interview and a certain fee is to be transferred to designated company account.

There are phone numbers to call and people to answer. But if smart guys ask probing questions, like where the office address is and whether a relative can come and handover cheque, the call will be disconnected. There are no jobs for troublesome guys here!

You may wonder whether there could be people in reality, to fall for this type of scams. How could any one get job offer without applying? And why should anyone pay charges to attend interview? Well..these are valid, legitimate questions but raised with the knowledge of the background….that of fraud.

However, a small percentage of people who are unaware of the fraud, could consider the offers as genuine. The concept behind the scam is that people whose profile do not match the job offered will consider the mail as a matter of mistaken identity and ignore. Those who match the profile would ALSO consider the mail as a matter of mistaken identity but could proceed, internally happy, that the offers have landed in their lap, instead of the persons to whom they were actually intended! Damn lucky!

Its very easy in India to cheat. Open a bank account in some company name with forged papers. Receive payments for 2 or 3 months and then vanish. Considering the mass-market reach, “Sansui Technologies” must be easily getting at least 10 transfers per day. That is a cool Rs.18 Lakhs revenue per month, for the crooks, while cyber cell and other policing departments turn a blind eye to complaints. These “companies” also brazenly publish news paper ads, which shows how easy its to get away with crime, in India.
Incidentally, we may also feel that the Lottery Jackpot mails rarely find victims. Read the story of Ms. Preeti Bala who transferred Rs.18500 and was on the verge of transferring Rs.48,350 more….
Read More at: http://www.complaints-india.com/article-gci-enterprises-sansui-technologies-10010.php

Modi Opens IPL Can of Worms! Will the Allegations Stick to IPL and Modi?

2010-04-20T09:04:00.000-07:00

It all started with Shashi Tharoor and his girl friend (Sunada Pushkar) when Modi laid bare Kochi Franchisees Share Holding Pattern. Ms. Pushkar has offered to let go of her seat equity and Tharoor lost his job. Once the Govt. put IT sleuths on Modi’s trail, his detractors who were overawed by the clout he had managed to generate, grabbed the opportunity to hit back, by laying bare his wheeling and dealings.
Its common knowledge that everyone in India looks to make a fast buck under-hand. Including those who level allegations. Neither politicians, taxmen or those from media can claim to be angels. As long as the curtain is down all are happy with “giving and taking”!
Unfortunately, Modi has unwittingly raised the curtain, letting all and sundry to have a ball on the stage! So what are the charges and allegations currently floating around? Here they are, for a quick read!
· Were the Bids for IPL Franchisees rigged in 2008 and the rigging allowed Modi’s relatives to own Rajasthan Royals and Kings XI Punjab, both of which were grabbed at very low price compared to other teams?
· Modi’s brother-in-law Suresh Chellaram is the largest stake holder in Rajasthan Royals with whopping 44.15%
· Mohit Burman who co-owns Kings XI Punjab is brother of Modi's stepson-in-law Gaurav Burman
· How did IPL/BCCI’s lucrative contract for digital media distribution to “Live Current Media” go to GCV and eventually ended up with GCV Mauritius which is run by none other than Gaurav Burman!
· How come Akash Aurora, a very close friend of Modi, manage to get a stake in Kings XI Punjab.
· How could Akash Aurora mange to get into “Live Current Media” through his firm Netlinkblue and form GCV?
· How could Modi object to Ms. Sunanda’s presence in Kochi team when he could brush aside allegations of his relatives getting in by statements like “They are all businessmen and they sensed a business opportunity in the IPL.” And “There is no direct link to prove that I have a vested interest in protecting my son-in-law's interests. What can I do if my son-in-law is a director of a company?" Obviously, its all fine if relative involved are that of Mr. Modi?
· Who pocketed the $80Million(~360Crores) commission paid by MSM to WSG after Modi brokered out of court settlement regarding TV and broadcast rights? Did not the money flow back to Modi?
· What were the sources of funds raised by Franchisees? Were they converting slush black money into white? And was IPL a willing partner in crimee?
· Has IPL/BCCI recorded all revenue and paid taxes on that?
· Were IPL contracts under-stated and hefty kick-backs routed to people involved?
· Are various contracts being placed on “friends and relatives” by sharing insider information including leaking of bid amounts
· Were the US$ 1 Billion Net Worth and US$ 100 Million Bank Guarantee conditions for 2010 IPL Team bids, set to blank out other bidders and help Modi’s business friends Adani and Videocon?
· BCCI smelled a rat and diluted the conditions, which resulted in Kochi and Sahara beating Adani and Videocon. While, IPL got higher bids, was Modi bent upon trying to get at least one of Adani or Videocon into the IPL league by pushing out Kochi?
· Did Modi offer US$ 50 Million bribe to Kochi Owners to quit the game?
· Why and how has Bid Documents of Adani & Videocon disappeared?!
· Who are Micheal Dalvi, & Jagdish Chandra Qatil and what is their dealings with Modi? (Rumors are flying thick about huge land deals Rajasthan)
· What is the relation between IPL admin and a BPO outfit with strong underworld links and which is allegedly co-owned by a Pakistan national?
· Is there a Connection between Modi, Mauritius and Kolkatta Fanchisee ?
· Is there any truth in stories of Team owners throwing matches? (Its alleged that up to 300Crore had been offered by bookie syndicates to Team Owners)

View More at: Complaints India – Sport Complaints

Its Raining Jobs in India. Indian Companies Draw up Big Plans for Hiring in 2010

2010-04-19T09:33:00.000-07:00

According to Global consulting firms E&Y & Kelly Services over 5,00,000 jobs are expected to be created in IT, telecom, banking and healthcare in India in 2010 -20111 period.
Health Care- 2.5 Lakh Jobs
IT & ITES – 1.5 Lakh Jobs
Telecom – 1.0 Lakh Jobs
Banking Sector -0.4 Lakh Jobs
Experts expect strong demand of jobs from FMCG, Education, Construction & Industry Sectors
According to a study by Associated Chambers of Commerce and Industry of India (Assocham), manufacturing sector alone is expected to create 28Million new jobs by 2015. So that is great news for all aspiring engineers and technicians!
The (Assocham) report projects manufacturing, textiles, food and beverages, transport equipment, metals, leather and machinery to contribute most to employment generation
Meanwhile, several IT Companies have announced recruitment plans for 2010 according to Employment Consultants “Resumes India”
Infosys - To Hire 30,000
TCS - To Hire 30,000
WIPRO - To Hire 7500 Freshers
Accenture - To Hire 8000
Satyam - To Hire 5000
IBM - To Hire 5000
Honeywell - To Hire 1000
(All the above Hiring news released till mid April 2010 by companies are available at: http://www.resumes-india.com/newsdetails.html )
With Indian Economy on the upswing and GDP expected to grow by 8.5 to 9%, there will be large job creation. The Indian Employment scene looks bullish and that should bring cheers to jobseekers across the country. Freshers too should get absorbed in large numbers across all educational fields.

ISRO burns US$75Million as India’s First Satellite Launch Vehicle with Indigenous Cryogenic Engine Disintegrates.

2010-04-15T11:58:00.000-07:00

India’s effort to launch Geo Synchronous Launch Vehicle ( GSLV-D 3) with homegrown cryogenic engine, was undone by massive failure of the cryogenic engine. A successful mission would have would taken India into the elite club of space-faring nations comprising the United States, Russia, certain European countries, Japan and China who possess the cryogenic technology

The GSLV flight was to have placed the 2.2 Tonne advanced communication satellite GSAT-4, into Geo Transfer Orbit.
The 49-metre tall three-stage Geo Synchronous Launch Vehicle blasted off at 4.27pm at the end of a 29-hour countdown but minutes later, the cryogenic engine which was to fire and take control from the initial liquid propellant stage, failed to ignite, resulting in mission failure.
The space vehicle tumbled uncontrollably and disintegrated. Obviously, the mission achieved little, except to prove that ISRO has not been able to demonstrate advanced indigenous technologies though millions of dollars of tax payers money is being burned, every year, to support the hugely manned organization.
Within minutes of the historic failure and without even going into the reasons, ISRO had no qualm in claiming that it will be ready to test again within a year. ISRO had invested Rs.330 Crores (Approx US$ 75 Million) on the Project. Its not sure whether this includes the fat pay and allowances of the work force. Obviously, since the tax payers in India seldom ask questions, ISRO need not bother about fund requirement for the next adventure!
Incidentally Chandrayan1, the moon mission, had to be aborted several months in advance and it damaged the country's space exploration program.

“The 100 million U.S. dollar moon mission survived for only 315days. It was scheduled for two years. It's a great loss to India's space explorations. The abandoning of the mission has dashed the country's most ambitious effort in space explorations. It was a major boost to the country's space program, particularly with India competing with Asian nations like China and Japan in this field," said space analyst R.K. Roy.
Contrary to ISRO’s explanation that Chandrayaan's orbit around the moon had been raised from 100km to 200km in May this year for a better view of the moon's surface (sic), it was revealed later that this had to be done because of a miscalculation of the moon's temperature that had led to faulty thermal protection and eventually the satellite could not be saved, and was virtually “fried” in space.

While critics even within ISRO, confirmed that the mission was a huge failure, the then chief of ISRO, Mr Madhavan Nair said it was a great success. “We could collect a large volume of data, including more than 70,000 images of the moon. In that sense, 95 percent of the objective was completed”. No wonder critics wondering how 95% of mission objectives could be completed with mission surviving less than half its intended life!
ISRO had tried to bask in the glory of American payload (moon Impact Probe) on the mission, finding water on Moon, claiming all over the place including the national television that Chandrayan found water on Moon! That was like driver of a truck claiming Nobel Prize since his truck had carried scientific instruments which was used in research.
ISRO can not brush aside failures (example: Loss of INSAT 4C and `strap-on' fire mishap suffered by the GSLV D1), camouflaging them as mere technical hitches. The country needs valid answers for the string failures, which have burned millions of dollars. Govt. of India should not get carried away by the technical jargon mouthed by ISRO. It needs to make ISRO officers accountable for the failures.
Heads need to roll in ISRO.
Article : Citizen Complaints

Top Internet Frauds & Scams which Trap New Internet Users in India. Report by Complaints-India

2010-03-27T09:27:00.000-07:00

There are thousands of websites operating across the world peddling illegal activities camouflaged as legal. The websites offer easy earnings and net users especially newbies fall for the bait. Complaints-India addresses the issue in its recent report.

The problem of new internet users falling prey to scamsters is acute in India since internet user addition is by millions, every year. The new users get trapped by scamsters easily. The scam websites run for few months. They will close down these and open similar websites with new URL, after duping few hundred users.

Its important that internet users get alerted and educated about criminal gangs which come up with schemes defraud them.

Based on user complaints, the major scams that manage to hook new internet users in India are as follows:

-Phishing Scams with Mail appearing to come from Genuine Website
-Fake Employment Offers
-Fake Investment Companies offering High Returns
-Click Ads Scam
-Paid Survey Scam
-Fake Online Home Jobs
-Fake Lottery Jackpot Offer
-Foreign Money Transfer Scam

Phishing Scams with Mail appearing to come from Genuine Website

Email could appear to come from say ICICI Bank asking to verify account. On click user is taken to a webpage looking exactly similar to ICICI website. User is asked to change password, submit mobile number etc . His user Id, password, mobile number etc gets stolen. The criminals then logs into bank account and transfers money. The mail could come from banks, or even Govt departments for example recently Income Tax Dept offering refund
The spammers also send email with “from” as Admin of Email service provider, asking to change password and even change security questions and many new users fall for this.

Fake Employment Offers

Mails offering employment in companies in India or abroad would request resume and other documents for verification. After this, user gets mail to remit fee for further action. Once fee is paid there will be no further communication.

Fake Investment Companies offering High Returns
These companies advertise in classified sections of news papers and in websites offering sky high returns. Users should understand that no legal business can give such returns. The fake companies operates for few months, paying users part money received from new ones. One fine day they simply disappear leaving customers in the lurch . Eg: City Limouzine.
Click Ads Scam
Clicking Ads on website to get paid is a criminal activity and many new users sign up without even knowing that they have become part of a criminal network. The scamsters offer large payments. But users will get tired after few days earning meager amounts. The minimum payout will be kept large. Most users will drop out after few days without getting payout. And that is what these companies want. They are always on the look out for new members.
Paid Survey Scam
Just imagine sitting and typing out forms and seeing few rupees added in your account for a days work. Virtually useless job which people will get fed up and get out in no time. Meanwhile, the scam companies would have surveys filled up and they may get paid by marketing companies. But the people who toil never get paid. The minimum payout will be such that users will get fed up and will stop working after few days.
Fake Online Home Jobs
There are thousands of home job companies which take initial advance from Rs.500 to Rs.5000 for joining. They will then send some crap CD or ask to down load some files and information. Within one or two days users will understand that the work offered is menial mess and is of no use to anyone. In fact the companies are just looking for the advance. After few days no one will respond to mails or calls and the home job dream will come to quick end!
Fake Jackpot Lottery Offer
Its surprising but true that people keep falling for Jackpot winning offers received by mails or SMS. They end up paying advance processing fees and after which the scamsters will be untraceable.
Foreign Money Transfer Scam
Just like in the case of Jackpot offers, many people fall prey to scam mails offering to pay large fee for help in transferring money. The trapped ones end up paying advances couple of times and then the communication channels will go dry.

Here is a selection compiled by Complaints-India.com of a bunch websites which are reported as fraud sites, by users.
365JOBS4U.com
500euro-mail.com
awsurvey.com
bestjobs-london.com
beyondgoogleads.com
bramahimpex.com
cash4clickingptc.com
cashbynetjobs.com
cashmailz.org
click4onlinejobs.com
corpscan.info
dollarGoldFund.com
dreamcash4u.com
Earnparttimejobs.com
earnrupaya.com
easycashptc.com
easypostjob4u.com
ecashdeals.com
elixirinteractive.com
europayinc.com
fastopportunities.com
greatnetcash.com
homejob4indians.com
hotelscombined.com
instantptr.com
itmatchonline.com
km-onlinehomejobs.blogspot.com
mahamantra.biz
marketkapial.com
moneypride.com
netcash2all.com
netjobplus.com
netsurveyjobs.com
Netsurveyjobs.com
online-home-jobs.com
onlinejobs-incom.com
onlinejobs-income.com
perfectptr.com
realtradeltd.com
reputationdefender.com
richptr.net
ripleSuccessOnline.com
royalforexfunds.com
smartguysngals.com
srilankanetjobs.com
time2rich.com
ukjobs4u.com
vaahoo.in
viewbestads.com
workathomeinus.com
zenithinfoonline.com
For More Information and user experiences View Report on Internet Frauds & Scams

Live Bomb in Kingfisher Flight. Dry run by Terrorists?

2010-03-22T07:49:00.000-07:00

An explosive device, was found on a Kingfisher Airlines flight on Sunday morning in a major breach of security shortly after it landed in Trivandrum, Kerala, India. The ground staff found the explosive wrapped in a newspaper during a routine check of Kingfisher IT 4731, after its 27 passengers had deplaned.

The Plane had reached Bangalore on Saturday night from Trivandrum and took off to Trivandrum on Sunday morning at 6.30 AMThe Security Agencies are trying to figure out when the Bomb was planted in the flight.

The possibilities are:

- Bomb was Planted in Trivandrum before the Flight Took off to Bangalore on Saturday

- Bomb was Planted in Bangalore before the Flight took off to Trivandrum on Sunday Morning

- Bomb was planted on Sunday Morning after the flight reached Trivandrum to test whether the flight would take off without the bomb being detected.

The fact that this low intensity device has been detected within cargo hold, points to clear and present danger to the air travelers in India. Definitely a terrorist organization is carrying out dry run to check whether and when the bomb would be detected.

They know that Indian Security system reacts only to events and the reaction tapers off within few days. After few weeks or months, they will look to smuggle in real bomb with timers.

Its high time that the Central Govt. puts in places Zero Tolerance Security arrangement at all airports with regard to passenger and cargo checks. There has to be biometric & video recording of all passengers, in-flight-staff, security & cargo staff connected with all flights as suggested by Complaints India, a Consumer Affairs Website.

Its likely that terrorists are in the process of infiltrating into flight staff or security agencies. Recent arrest of an IM operative who had undergone pilot training points to serious plan by terrorists to strike civil aircrafts flying in India.

Indian Government and Security Agencies need to face this truth and stand up to protect innocent travelers, rather than brushing the incident away, as a minor lapse.

Adsense Crash. Publishers Lose Money as Google Ad Network Continues to Breakdown

2010-03-14T09:45:00.000-07:00

The unsatisfactory performance of Google Adsense Publishing system, the undisputed market leader, has been widely reported from across the world, during last week. The delivery of text, image and video Ads which are served by Google on content network, based on content relevancy has been found to be very erratic. Google seem to be unable to ensure reasonable uptime, if not the expected 100%.

The continuing woes of Google in setting right its Ad publishing system should give competitors like Yahoo, Adbrite, Fastclick etc a crack in the wall, to sneak in. Due to the break down, publishers are losing heavily, since millions of web pages are being visited by internet users with Google Adspace empty.

For enterprising competitors, Google AdSense Crash offers access to publishers who may wish to show Ads from others in space reserved for Google, when it takes the now customary longish naps.

Its observed that the average break down period could be as high as 5 hours per day. According to Cubestat, the average daily earnings from Adsense for a news based site like www.sify.com is US$4250 . A five hour Adsense breakdown translates to loss of US$27,445 per Month for sify.com!

Its time publishers woke up to the loss caused to them by Google’s inability to serve Ads, though Ad space is reserved for Google by publishers.

No prizes for guessing when the Google Ad network will go down again! The only thing that Google Adsense Publishers claim as consistent, is Google’s inconsistency!

“Complaints India” has carried out check on couple of active Google Ad publishers, to see how web pages look when the Google Ad Network breaks down, which off course is quite often!

On 13.March.2010, Google Adsense inventory, disappeared altogether from millions of websites at around 5.00 PM IST. The Ads returned at around 8.30 PM IST, after a 3.5 hour long nap!

View More with Screenshots of web pages without the usual Google ads at: http://www.complaints-india.com/Google-Adwords-Adsense-Networks-Crash-10005.php

Google Adwords, Adsense Networks Crash in India. No Ad delivery for hours together on most days

2010-03-11T08:47:00.000-08:00

It may sound unbelievable! How could Google FAIL? Well, the fact is that Google has been pathetic during the last few weeks at least in India. Google Ad servers have crashed causing the otherwise omnipresent Google Ads to disappear from millions of web pages viewed in India.

The situation looks critical as on 11.03.2010, with very long breakdown extending several hours. During the last few weeks, Google the most widely used search engine which makes money by publishing content relevant text and image ads in millions of websites has been very erratic in serving Ads in India. Publishers, find Blank spaces in all websites where Ads should appear. The problem continues for hours before Ads reappear.

Incidentally, the problem do not seem to be due to shortage of Ad inventory. What is happening is total blackout during which time no Google Ad appears in millions of pages viewed in India, across all websites.

Its surprising that Google has not been able to attend to the issue though the problem has been simmering for weeks. View More at: Complaints India News at www.complaints-india.com

Bubbles blown by the boom always burst…but you could be safe.

2010-02-20T11:09:00.000-08:00

Real Estate investment is highly capital intensive and comes with low liquidity. The risks are large and hence possible returns too are high.In a positively charged market, investors follow the herd.

New constructions start in small pockets, in certain cities. It spreads slowly, establishing definite positive trend, in key city markets. Once a critical mass of base new investment is built across cities, news investors flock in, attracted by the positive vibes spreading fast across news channels, chat groups and social media networks.

The result is the all too well known “boom” in housing and commercial real estate. Investors lap up the most illiquid asset class, as if there is no tomorrow for meeting their craving for high cash liquidity. The boom turns economics on the head. People stack up tonnes of brick and concrete, dreaming to pass these on, as and when they wish and stuff their lockers with mounds of dollar bills.

The craving for “more” makes people blind to the impending doom. The overwhelming positive chatter shuts out the cold winds. Only the very smart who notice the chill and let it churn inside their heart, would be able to reign-in greed and dispose of the newly acquired assets. As the bubbles blown by the boom burst, they would be the only ones around, with stuff in bank.

The overwhelming majority of investors who refused to analyze news as it came and stuck on, would drift into negative cash flow zone, forcing them to sell at a loss.

After having had the opportunity to experience the boom followed by the meltdown which shook the world and drove it close to dangerous recession, its for investors to be cautious. The key to making money is to read extensively and shed the longing to hang on, as soon as the breeze brings hints of chill.

Get daily dose of high energy Real Estate Market News, prepare to invest and teach yourself to get off the board, at the right time.

http://www.exclusivereal.com

Consumer Complaint Portals – How Do they Work?

2010-02-19T02:53:00.000-08:00

One of the important benefits of Internet has been to bring consumers together and let them share their experiences. There are a number of websites which allow consumers to post their complaints and suggestions. Generally, the websites have Form to post complaints which are instantly published for everyone around to view and take note of.

Complaint Portals enable consumers and users of services and products to post their common complaints regarding airline, bank, business, companies and Government and non Government organizations. Users can track your car complaints, mobile phone complaints, bank complaints, credit card complaints etc at these websites. Complaint Portals act as forums to share complaints and get them redressed.

Few websites like Consumer Complaints India forwards complaints to companies and seek resolution. The Companies are prompted to record their responses on the web site and the same is mailed back to the complainant.
There are website which allow consumers to form groups so that they can file class action suits. There are others which put attorneys and complainants together for proceeding with legal action.

Most of the countries have consumer protection law in place. However, companies take a lax attitude towards consumers. They know that consumers can not run to courts every now and then and hence take advantage of the situation.
Maximum number of complaints are against credit card companies and banks. This is followed by travel and vacation operators who might offer the moon while securing customers but offer less than satisfactory service.

Another growing area of complaint is the woes of consumers who get trapped by scamsters online. The online scams including email traps offering lottery wins and transfer of money from abroad keep finding new victims. Phishing mails are dangerous since they prompt users to part with vital bank and credit card information. Download scamsters force users to down load spyware programs camouflaged as useful tools.

The Complaint Portals like http://www.complaints-india.com help to quickly spread news about new scams .

ExclusiveReal Presents Latest US Real Estate News

2010-01-18T08:49:00.000-08:00

LATEST US REAL ESTATE NEWS

We can now read all the latest and important happenings in the US Real Estate Market including news on Housing, Commercial, Mortgage, Economy at http://www.exclusivereal.com

All Hot US Real Estate and US Property News is available on Exclusive Real Home Page. New Home Projects in all major cities are featured in inner pages.

2009 Election, Telengana Impact on Real Estate, Land & Property Rates HYDERABAD, INDIA

2009-04-16T10:52:00.000-07:00

1.0 The Big Messy Election

The elections this year is along drawn affair. After we vote on 16th April in Hyderabad, we have to wait a month, to know the result. The long election process impacts all development works. For the Govt. its is easy to hold the commission responsible and abdicate all works. So if there is intermittent powers cuts, bad roads and lack of drinking water?blame it on the Commission!

Hyderabad is sweating badly due to huge power shortage. Load shedding is the rule of the day (and night!). The new Govt. will have to bear the cross of the mess, on all fronts including power, water, funds for civic maintenance?? For the common man or a working professional, this lengthy election is nothing but a pain in the neck.

2.0 Actors

The good doctor seemed to be ahead of others with PRP splitting votes, during intial phase of the campaigning. He has wooed rural public with schemes like Arogyasri and Indiramma Housing. These schemes would help to swing votes. Its another matter that due to worsening treasury situation, hospitals are now turning away the poor, since crores seem to be pending to be paid to Hospitals, for the service given.

It would be a interesting if Naidu pulls ahead with his "Kutami Kichdi" of Parties including the CPM, TRS etc. Towards the end of the campaign, Naidu seem to have got stronger. He has created excitement in rural areas with DMK style offering of Free Color TVs and off course cash transfer scheme. The "cash transfer" offer may pull in voters and upset the Good Doctor. So will TDP return??

The biggest headache for Naidu is his old enemy and current Dost, the TRS Chief. TRS chief has forgotten or had no time, to make even a manifesto for his party! Instead of pushing the Telengana sentiment, he is now banking on Naidu's Free TV and cash scheme. Naidu is the most worried man in AP now! Worrying about TRS hijacking his "bright ideas" instead of campaigning hard for Telengana, during elections!

TRS is offering Naidus color TVs probably to let the poor watch TRS chief in future, when he actually starts fighting for Telengana. But after elections, if TDP wins, TRS will start bugging TDP. TDP is praying to get majority without TRS seats!

At the end of the day, PRP is expected to emerge only as a minor player.

3.0 Cash is King

Cash flows like the Ganga during Election time. The Election commission limits on expenses are not enough even for a day of "work" . Crores and crores are spent for electioneering, booze and parties. Candidates pay multiple crores to get a seat. In fact even a small realtor who was fielded by TRS for Secunderabad started crying about the 10 crore that he paid to get ticket, while he was being beaten up by party men who could not bag ticket, in the TRS Office premises.

Just think of the money that would have been paid by all MLA and MP Candidates of three major parties? (336 x 3 x average 10 crore = whopping Rs.10,000 Crore!). This is apart from crores to be spent by candidates as election expenses.

For party founders and top leaders, election is big time to make money. The black will get converted to white slowly and in a few years, they will become big industrialists running news papers and TV channels, for fun!

4.0 Will Telengana Happen ?

5.0 The Worry Factor for Real Estate

6.0 Impact on Constructed Area Rates

7.0 Impact on Land Rates

8.0 So what is the advice, considering possible split of the state?

View the Complete Article at: Exclusive Ventures -Hot News

Apartments Through Banks? Foreclosures and Bank Sales? Is that a possibility in Hyderabad, India?

2009-04-10T11:35:00.000-07:00

1.0 Where can I get information on foreclosure properties being put up by banks for sale?

We have received many enquiries asking where information can be obtained on foreclosure properties being put up by banks for sale. All of these enquiries originate from NRIs or their relatives here.

In the US, buyers have defaulted and continues to default on home loan repayments. Few consecutive defaults sets in foreclosure action and there are specific legal provisions in different states, how the matter is to be dealt with. Its not a very quick process but can spread over 9 months to year or more, after a default is confirmed.

In India the boom started in 2005 and ended in early 2007. In 2007 itself, prices had jumped and buying had fallen to miniscule levels. 2008 was an year when almost nothing got sold. In effect not many people have really bought high priced apartments or villas. The sales in 2007 (after prices jumped) and 2008 have been sporadic and mostly, purchases were by buyers who had the resources and bought to stay.

If we take Hyderabad, there has not been any investors around for buying flats for last 1.5 to 2 years. People who bought at cheap earlier prices, are never going to default. Even with correction, market rates are still much higher than their "bought rates."

People who bought in 2007-2008 are resourceful, had their numbers ready and that is why they bought. Except few cases, do not expect anyone to default. Such few cases will have NO market impact since these will never be known widely. For the market to react and participate there has to be a critical mass of defaults, which is not at all possible

2.0 Individual Loan Default

Buying of a property by an Indian is usually a "family affair". Even nuclear families fall back on parents / in laws / uncles for support, while booking a property. There is unwritten commitment from several people, behind each purchase.

If someone is stressed, family will standby. You will find pre-payments happening now, to reduce EMI. In fact banks have been reporting increased prepayments and rescheduling of loan by increasing repayment period and reducing EMI. No bank has reported foreclosures of individual accounts due to default, even though economy has been under severe stress for more than 7 months now. (There are only unsubstantiated loose talk fed by news from US)

In India, each housing loan is Guaranteed by someone known to the borrower. Once a borrower defaults and default is persistent, the bank will immediately sound out the Guarantor. The Guarantor is legally bound to pay EMI and settle any outstanding, if borrower defaults. Making Guarantor pay is considered a taboo, in India. Something that is to be absolutely avoided. And this fact also ensures that immediate family steps in to ease the burden. ( As far as we know such Guarantor provision does not exist in US Home Mortgage Agreements)

And even if someone is unfortunate not to have family support and lands up in big mess, usually banks will give interest free breaks, reschedule loan etc. If nothing works, (it may take couple of years to reach a stage of "nothing works"), the legal process starts which again is very laborious. Banks have to issue legal notices, get court orders etc before it can attach property. Even after attaching, selling-off is not easy. Again, court will be involved. With the way Indian legal system works, banks can not shake off the properties quickly at all.

So basically except sporadic incidents, never expect enough properties to come into market, at all, from individual home owners. Obviously, people in India chucking their homes and running away, is just a dream that many in US may have. Its not going to happen here at all.

3.0 Default by Builders

Now..this is a possibility which can not be ruled out. The reason is the fact that unlike individuals who get cocooned by family circle, companies have no love lost between them. If a business fails, its not practical for families to support since the default amounts are HUGE running into several crores. But does this help the eagerly awaiting so called "foreclosure buyer?"! Lets examine.

..............More at: http://www.exclventures.com/News-Real-Estate-foreclosures-India-Apr09.asp

India Real Estate Market Outlook. Have Builders been too Sluggish to React? Hyderabad - March 2009

2009-03-15T07:47:00.000-07:00

1.0 Coming to Terms with Hard Reality

Builders are like middle aged women. It takes a woman courageous effort, to come to terms with the harsh reality of aging. You can continue to live in a make believe world for months or even couple of years?but natural aging just can't be stopped.

Those who read the signals and adjust their lifestyle, carry on with minimal impact, on their lives. Those who refuse to read signals and adjust lifestyle, end up in medical care.

90% of women are smart enough to admirably adjust and are prepared well in advance. (Salutes to women on Women's Day!!). However, more than 90% of the builders react sluggishly to realities of the market which could affect, if not personal but definitely their financial health.

2.0 Reading Signals Early and Reacting Swiftly

In a booming market, builders were quick to react by resetting prices upward, every week. The possibility of making larger profits drove them to be extra alert! When market trend shows negativity, it is rightly expected that the same builders would be quick to act, to cut losses. After all, cutting losses is MORE IMPORTANT than making quicker profit. (In boom, whether one reacts quickly or not, there is profit, always. Its only the quantity of profit that varies. But in a sliding market, money gets burned. And that could be deadly)

And this is exactly where builders have gone, dreadfully wrong. Even now, many are in a "make believe world". Comforting themselves, with grandiose vision of early boom! Unfortunately, they are unaware that they are shooting themselves in the leg. And soon, the self inflicted injuries may aggravate.

Cutting losses by aggressive pricing in anticipation of worsening market, should have been the mantra 9 to 12 months ago. But the opportunity was lost due to the blind belief that boom is perpetual and negative trend, a flash in the pan. Builders offered small cuts from August 08 onwards which had absolutely no impact.

There were opportunities as late as September 08 to offer aggressive pricing and convert leads to Sales. But once the negative trend firmed into solid slide, NOTHING could work. Its only in December 08, after a whole year and a half of negativity, that few builders started to react with larger cuts. But the horses had bolted in September 08 itself. And builders who reacted late, know that the stable is empty.

For the smarter builders, the market has indeed given an opportunity to prepare itself for the future. Those who have learned the lesson that procrastination will cause misery, may be quick to act during a slide, after the next boom!

3.0 Truth Hurts

Developers are not expected to focus on the larger economy or keep track of business and employment trends, world wide. The primary business is to build and sell. And in the melee, they are either unaware or if aware, ignore emerging trends.

Their outlook is very narrow and is intensively latched to generating sales at rates, that are not clued to trends. Even when there is appreciable fall in month to month sales, they choose not to look at the root cause.

During last year, we had the opportunity to advise four developers on pricing as well as downsizing. The exercise reached nowhere with developers shooting down proposals which was based on emerging trends and established facts. These developers could have been winners and built projects, instead of losing crores, if they had acted diligently.

Since the market situation changes fast, suggested rate will have to be reworked and tinkered every month. What is saleable in May, could be too high in November of the same year.

4.0 Case Studies

Project 10Km from Gachibowli - Suggested pricing was Rs.2800/sft in May 2008. (Off course the rate is no more acceptable, today) Struggled with high rates and even now carries on, with the overheads mounting.

Project near Guchibowli - Suggested rate for Villas under Rs.150L, a hot rate at that time in January 2008. For large plot with large Villas. But was priced close to 200L. Also we advised to reduce plot sizes to have Rs.100L villas, which was not agreed. Developer remained adamant and the plots too remain adamantly unsold. Meanwhile, money continues to get burned, since land was purchased partly with Blade fund.

Project 2Km from Narsingi - Suggested pricing level was Rs.2200/sft in April 2008. Actual launch by developer Rs.3150/sft. Naturally Struggled to book at the price and has been forced to bring price down drasrically

Project near Guchibowli- July 2008. This is one project where the developers correctly decided not to launch, after discussions thus avoiding hardship and saving money

5.0 Ungainly Sales & Marketing Set Ups

In boom time, any Tom, Dick and Harry in marketing/sales could be a hero. What is surprising was the profligacy of some developers to appoint too many people. And in such scenario, inefficiency spread, like wild fire.

No more than one good guy is required to handle sales of 300 to 400 apartments whether its boom or bust time provided there is management and ground level support. Its absolutely wrong to expect sales to happen, by adding many more staff. If the sales comes down, its due to market situation not because there is insufficient staff! Nor is it because the efficiency of the Manager has come down. Its no use barking up the wrong cabin, while the rate cat is in the Chairman's Chamber.

6.0 Current Outlook

With the economy showing no signs of recovery and elections scheduled to be completed by Mid May, we can not expect any change in the trend which remains negative. As we had commented earlier, till there is appreciable upswing in economy, job security and new job creation, it would be foolish to expect Real Estate Sector to recover early. Global indicators currently point to couple of years of hardship, unless certain positive triggers happen, in between.

The buyers are absolutely uninterested in housing loan rate cuts and freebees. They are interested only in "reasobable" capital cost. The price of properties will eventually settle at position of cost plus reasonable profit. And this is that part of finely wrapped real estate anatomy, which most developers still feel shy to look at. Its time for them to gather courage, lift the veil and take a deep, hard, close look!

The lowest price reachable in each project will depend on the cost structure of the project and risk associated with it. Though 2 projects may be close by, we can not expect price X in both, due to structural, specification, land cost, land ownership, approval and funding differences.

http://www.exclventures.com/hotnews.asp

Home Page: http://www.exclventures.com/

The Real Crash Hits Hyderabad.

2009-03-15T07:41:00.000-07:00

In Exclusive Ventures' Report for Januuary 2009, we had mentioned:

"Mere reduction in sft rates by couple of hundred rupees is no more going to enthuse buyers. No amount of advertising and marketing blitzkrieg is going to help. The situation is currently beyond cure by such means."

Well....the cure is finally here! Its simple and straight forward! Crush the price by sledge hammer rather than mere chipping!

February 2009 is witness to the first REAL Price Crash of an existing, under construction Project in Hyderabad. This must be of great general interest to people whether they are looking to buy or not.

Hyderabad Builders have been holding on to high rates achieved in boom time and have been giving small discounts, lately. Obviously, buyers were absolutely uninterested.

The Home loan rate cut to even 8% had not generated any appreciable interest. The buyers obviously were looking for sizable capital cost reduction rather than cosmetic cuts in apartment rates.

Now for the first time, an existing project (APH 220 - right beside Lanco Hills -Betwen Gachibowli & Narsingi), is seeing a solid Rs.700/sft cut at one stroke to Rs.2250/sft from Rs. 2950/sft for Apartment in Risk Free Gated Community with HMDA Approval and Bank Loan, couple of Kms from Guchibowli.

Lets look back and put ourselves in first or second quarter of 2008 to appreciate the magnitude of cut. If someone had suggested such rate to Builders, they would have been ridiculed and shown the door. Builders were quoting Rs.2800 to even 3500/sft in these localities for 4 to 5 floor stand-alone buildings with like Lahari, White Lotus, Western and numerous panchayat approved small buildings etc. Buyers negotiated hard and settled with Rs.50 or 100/sft discount.

Many of our members had booked at Rs.2950/sft at APH220 in Aug-Sept 08 at pre -launch. Booking was taken for 2 Blocks only and they are in active construction since November 08. The revised rates will be applicable to our members who booked earlier. The BIG CUT in Rate translates to more than 12 Lakhs savings, on booking done for 1775 sft flats.

What does this crash mean for the market?

With pricing of Rs.2250/sft beside Guchibowli in Gated Township with 65% open area, the rates of stand-alone apartments in Manikonda, Raidurg, Puppalaguda should be below Rs.1900/sft. In fact, these were booked at whopping Rs.2800 to even 3500/sft as mentioned, earlier.

Also the rate of Rs.2200/sft and above for standalone apartments in Kukatpalli, Nizampet Road, Pragathi Nagar, Miyapur, Chand Nagar etc becomes unsustainable. (Though there were on and off report of lower rate, aa a class, there has not been any major cut in these localities)

With the builders who crash their price first, likely to take new bookings, those who resist will find it tough later, to survive.

This should also cause apartment rates in Kondapur, Lingampalli, Nallagadla, Tellapur etc to come down. For example, stand alone units in Kondapur has been holding on to above Rs.3000/sft levels for long. We should see Rs.2600 to 2800/sft, there.

Bottleneck in Price Crashing & Re-negotiation

With such fall actually hitting market, its time for existing buyers to get down and actually renegotiate.

In projects under early construction stage, there WILL be renegotiation pressure. Builders may crimp and squirm at this. But we are in a supposedly free market economy. When prices boomed, buyers did pay more. When prices crash, there has to be renegotiation. Builders who are able to understand the mechanics of the market will survive.

Many projects WILL find it tough to reduce rates since land is under development agreement with certain percentage of apartments committed to land owners. In such cases, developer WILL HAVE TO re-negotiate terms with land owners first, before they can offer large cut in rate.

Land owners have to be forced to take less apartments, than originally agreed, so that overall rate can be brought down. They will also have to suffer not just builders.

Home buyers who have booked in large townships will get benefited only if the developer is resourceful enough to hoodwink land owners. And they will do this, only if pressure from buyers is too much to bear.

Existing home owners have to show patience and hold on for couple of years. No point in panic selling.

About APH 220

The Project (APH220) is a very solid Property with HMDA Approval, Bank Loan and Construction in progress. Mr. Ram Kotaiah, MD of the Company is highly respected in the market and is Retd Chief Engineer from HUDA. He has rightly decided to move ahead rather than get tied up like others. He said that they did make money in old projects and now its time to give back. The Project will be almost on cost to cost basis with just enough margin to manage and build.

The intention of the developer is to get going with one more Block construction, in addition to the 2 blocks as planned earlier. We need to appreciate the BOLD & DECISIVE STEP TAKEN in tandem with market conditions.

The Project has very good Spec and all Modern Amenities including Club, Pool, Gardens, tennis Courts etc. Project is accessible from Oakridge / DPS School Nanakramguda (2.5KM) . It will also be connected to Guchibowli directly once the ring road from Manikonda touches Expressway (1.5KM).

The apartment sizes range from 1000 sft to 1775 sft, enabling wide seletion and making ownership of a a gated community up-market home, a possibility with budget as low as 25 Lakhs. Check Out APH220. This could be the right one.

http://www.exclventures.com/hotnews.asp

Exclusive Properties in Major Indian Cities

2009-03-15T07:34:00.000-07:00

Exclusive Ventures City Website (http://www.exclventures.com/india-cities.asp) covers real estate projects in major Indian Cities. Only few projects are advertised under each city, to ensure visitor focus. Only good projects with excellent quality and potential for appreciation are included. For Advertisers this is great opportunity since potential buyers will have few hand picked options to choose from unlike classified websites.

Only new projects are listed at Exclusive Ventures City Website. No resale plots, apartments or Villas. Projects are listed under categories “Apartments”, “Apartment Townships”, “Villa Layouts”, “Plot Layouts”, “Integrated Townships” in each city.

Currently following cities are covered and more is being added. Ahemedabad, Bangalore, Chennai, Cochin, Delhi, Goa, Kolkatta, Mumbai, Pune, Surat, Baroda, Bhopal, Coimbatore, Gurgaon, Indore, Jaipur, Kanpur, Mysore, Nagpur, Noida, Vizag And Other Cities.

Developers can contact Exclusive Ventures at exclhyd@sify.com for advertising. For more details visit: http://www.exclventures.com/india-cities.asp

Recommended New Home Builders in US Cities

2009-01-16T02:36:00.000-08:00

Exclusive Ventures has launched a new web application for recommending New Home Builders in US cities, to its members. The website is available at http://www.exclusivereal.com. The site also features US Real Estate Breaking News which impact Real Estate Market behaviour. Latest News on housing starts, housing trends, commercial property trends, mortgage rates, fed policy related to real estate market in US are covered..

David Nash, Manager Marketing had this to say. “When a home buyer searches for “New Home Builders” on search engines like Google, they are faced with hundreds of options. The real estate directories lists hundreds of options forcing a user to open and sift through a lot of irrelevant information. After having spent hours, user may still be left without the right resource to approach. In effect, the business directories which unfortunately have hundreds of listing under each category in each city make themselves totally unfocused and unreliable.”

Each city will have few dependable and reputed New Home Builders. The website lists only three New Home Builders in each city.

This makes it simple and easy for the visitors of http://www.exclusivereal.com . They have no large list to go through. No need to waste precious time. No need to figure out who the best is, since the website list only 3 recommended in each city or geographical region.

Service providers who are recommended and listed by the website has the best chance to get focused enquiries, since they have only 2 other service providers to compete with instead of hundreds in other open directories and websites, which offer listing services.

The website lists recommended New Home Builders in Atlanta, Austin, California, Chicago, Cincinnati, Colorado, Connecticut, Dallas, Denver, Florida , Georgia , Hawaii , Houston , Illinois, Las Vegas, Los Angels , Miami, Minneapolis, North Carolina , New York , Ohio , Orlando, Pennsylvania, Philadelphia, San Antonio, San Francisco, South Carolina, Tennessee, Utah, Virginia and Washington D.C

The website has simple advertising plan. New Home Builders can submit brief profile under desired category and city for review. Companies reputation is reviewed based on history available on internet and direct discussion. Once cleared, the website offers 30 days listing totally free of charge. Subsequent to this test period, Companies can choose to opt for quarterly or Annual listing plan. It need to be reemphasized that the Recommended Service provider under a Category in a city will be one of the only three options that any of our website users will have!

The Advertising Fee can be paid securely online through the website’s credit card payment service provider, 2checkout.com

Recommended Service Providers -Insurance, Legal , Mortgage Loans, Lawyers, Stock Brokers, Hotels in US cities.

2009-01-16T02:13:00.000-08:00

When someone has important and urgent requirement to find a reliable resource dealing with "auto insurance", "loan consolidation", "online trading", "hotels", "lawyers", its so difficult to identify the right one. There are scores of business directories which unfortunately have thousands of listing under each category in each city, making them totally unfocused and unreliable.

Each city will have few dependable and reputed resources, to deal with when it comes to your requirement of insurance, legal matters, loan, stocks or hotel accommodation. US Cities Information website (http://www.us-cities.exclventures.com) lists only three recommended resources under each category in each city.

This makes it simple and easy for the visitors of www.us-cities.exclventures.com. They have no large list to go through. No need to figure out who is the best since the website list only 3 options in the required category.

Service providers who are recommended and listed by the website has the best chance to get focused enquiry since they have only 2 other service providers to compete with instead of thousands in other directories and websites which offer listing services.

www.us-cities.exclventures.com lists recommended service providers dealing with "auto insurance", "loan consolidation", "online trading", "hotels", "lawyers" in Atlanta, Austin, California, Chicago, Cincinnati, Colorado, Connecticut, Dallas, Denver, Florida , Georgia , Hawaii , Houston , Illinois, Las Vegas, Los Angels , Miami, Minneapolis, North Carolina , New York , Ohio , Orlando, Pennsylvania, Philadelphia, San Antonio, San Francisco, South Carolina, Tennessee, Utah, Virginia and Washington D.C

The website makes it simple and easy to find Lawyers, attorneys, law offices, law firms under different categories in all cities. Users can get assistance from recommended service providers handling Insurance Quotes Car Insurance, Auto Insurance, Life Insurance, Term Insurance, Home Homeowners Insurance, Health Insurance, Business Liability Insurance, Corporate / Personal Insurance and Medical Insurance.

Users can get Lenders to Consolidate all their Loans or get Student Loan, School Loan, College Loan, Direct Subsidized and Unsubsidized Loans. Loan Consolidation & Structured Settlement Loan etc. To assist travelers flying into cities the website offers recommended Hotels, Budget Hotels, Luxury Hotels, Cheap / Discount Hotels, Downtown Hotels and Extended Stay Hotels.

The website has simple advertising plan. Companies can submit brief profile under desired category and city for review. Companies reputation is reviewed based on history available on internet and direct discussion. Once cleared, the website offers 15 days listing totally free of charge. Subsequent to this test period, Companies can choose to opt for quarterly or Annual listing plan. It need to be reemphasized that the Recommended Service provider under a Category in a city will be one of the only three options that any of our website users will have!

The Advertising Fee can be paid securely online through the website’s credit payment service provider, 2checkout.com

Status of 21KM Express Highway Project from Guchibowli to Shamshabad (New Hyderabad Airport)

2008-10-02T04:44:00.000-07:00

Hyderabad - Express Highway to Airport from Guchibowli. October 2008 Status

Recently a news clip in Deccan Chronicle claimed that Express Highway from Shamshabad to Guchibowli will be thrown open on 14th November. Since then, we have received several queries from members to confirm whether this is true and if so whether there would be rise in demand in APPA area.

Based on physical inspection of the work in progress along the route, we wish to allay all doubts! There is a long way to go to reach stage of connectivity. We still believe, that 2011, as mentioned in our earlier reports is the earliest possible target, unless there is drastic change in manpower and equipment moblization.

Low Deployment of Manpower and Machinery

A visitor to the Road Project, will be struck by lack of manpower and machinery. Its, as if the Contractors have lost interest and are just scrapping around. There are bridges /culverts to be made at several places.

At Manchirevula, we expect work to take at least an year with major bridge to be built and even excavation has not been done yet for part of the road.

The Worst Stretch

The worst stretch is from Aziz Nagar to Rajendranagar Hillocks. Here, the Road runs parallel to Himayat Sagar on elevated platform and then enters into the Hill. The Hillocks need large scale rock cutting and excavation, even now. Almost 2 Km stretch is in a very bad shape. We can not expect connectivity unless this stretch is completed since there is no way, a bypass can be built. The Terrain is very rugged with rocks and sloping hills. The way work is going on (at such slow pace), we can not expect this portion to be ready before 2011.

The Hillock Portion of about 2 Kms also would require building of embankments on either side. This could be as high as 30 to 50 feet or more...We do not think that Traffic will be allowed in this section, by Road Safety Authorities, without embankments. There is danger of sides collpasing on to the road. Building Emabankments itself, could be a long, 1 year Project. The embankment work can not be started, unless the entire Hillock area is totally excavated, debris removed and Road levelling done.

No Bypass is possible

The Roads used by Material Handling Trucks are extremly dangerous, narrow and in terrible condition. In fact there is no scope even now to access Shamshabad from Rajendranagar along the Express Highway route, due to the long, Rugged Hillocks, except by walking which is extremely tiring.

Express Highway to Airport. Segment wise Outlook for Connectivity

View Report for Details & Pictures: www.exclventures.com/hotnews.asp

Emerging New Central Business District in the City of Hyderabad

2008-09-19T22:16:00.000-07:00

The founding of Hitec City, in year 2000 at Madhapur and the subsequent development of various phases of Hitec City and the Financial and Tech District at Guchibowli has drawn lakhs of highly paid job seekers from all over India into this new locality west of Hyderabad. There is a large concentration of IT companies there including Microsoft, Oracle, IBM, Accenture, UBS, Templeton, Infosys, TCS, Wipro, Satyam, HCL, Amazone, Google etc.

The conversion of Arterial roads in Jubilee Hills which connects Begumpet to Hitec City into Commercial Zone and the shifting of airport out of Begumpet to Shamshabad are now becoming the key drivers behind the emergence of a New Central Business District in Hyderabad. The prospect of Metro Rail and a Rail terminal similar to Secunderabad Station, at Hitec City are added attractions.

The report analyzes history, immediate causes, current status and future impact of the emerging scenario. The report provides vital inputs to Business Houses, Companies, Realty Funds, and Investors in making strategic decisions with regard to investment in Hyderabad.

The Report can be accessed at: http://www.commercial.exclventures.com/HotNews.asp

Chiranjeevi's powerful political entrance. Will he shake things up?

2008-08-31T10:00:00.000-07:00

Checkout http://www.exclventures.com/hotnews.asp for More news

1.0 The Launch

The launch of Prajarajyam on 26th August was a statement of commitment and possible political power. If Chiranjeevi is able to pull masses from other regions and all casts and creeds (Andhra & Telengana) like he did in Rayalaseema, then he could have a strong shot at the CEO's chair.

Recent months have seen weakening and erosion of support for TDP. Though many may sympathise with Mr. Naidu and would want him back in power, it looks like he has not been able to keep his sway over the masses. Also his recent tie up with the likes of Mayavathi, has done little service to boosting his image.

2.0 Policy Direction

Though there was no direct reference to large scale Industrial Development, in his speech, we can safely assume that the point has been underplayed since the Chief was facing the grass root political workers, whose first priority is basic livelihood. AP has fallen from the top investment designation to number fourth in four years.

There is degeneration all around except for the hard work and toil that private entrepreneurs have been putting up (including Airport, IT Parks, Malls, etc). Public amenities remain in shambles, roads, water supply, irrigation, power, sanitation…………..AP requires fresh ideas to make it come out of the rut. Its great to see opposition to Govt Land Sale mentioned as a key differentiator by Chiranjeevi.

3.0 QUOTE FROM Chiranjeevi's Speech:

" Earlier, we used to depend on our land for our livelihood. But now we are simply selling it away. Sadly, the government, which is supposed to be the protector of land (dharmakarta) is turning into a broker and selling it away for short-term gains in the name of budgetary support. We are against it.

Prajarajyam will not allow selling of government land. In the name of setting up of special economic zones, the government is selling away land belonging to farmers thus snatching away their livelihood. It is benefiting some rich groups but is killing our food providers. Land is our future and it belongs to our children. How can we simply sell it off? Isn't that outright injustice? We oppose selling of cultivable land in the name of SEZs"

4.0 What does this mean?

These are points which we have been raising all along and many of you have conveyed your opinion too. Govt land belongs to the public, who have given it to Govt. for safe custody. Its to be used for building public utilities and amenities or if required only LEASED but NEVER SOLD. Its to be kept for use of future generations and not to be cut and sold to private companies. Instead Govt. is selling land just to meet revenue expenditure. Its absolutely stupid and can never be justified.

Land is no Akshaya Pathram. It's a limited, rare commodity to be safe-guarded. Land used for large SEZs, should be dry lands not fertile land. Govt should extend connectivity, water and power to set up SEZs on dry lands. Converting fertile land of thousands and thousands of hectares into dry land, will put food security of future generations at risk.

5.0 Telengana

On Telengana, Chiranjeevi said "It has some of the finest cultural and literary heritage. Yet, it also has problems, exploitation and tears. Above all, it has backwardness which is the creation of the misrule of the past governments.

Telangana's problem today is an issue of self-respect. We respect the sentiment. If separation is the only solution and becomes inevitable, we will facilitate and support that." Its clear that separation is the last option for the Party. Well that is the same policy as Congress and TDP. We need to wait for more clarity on this matter.

6.0 What can be expected?

There is no doubt that a major realignment of political affiliation will take place among large sections of the public, before the upcoming election. This will directly impact the grass root level reach of both Congress and TDP.

They will be under pressure. In a three cornered fight, who will become winner ……only time can tell! From a reading of Chiranjeevi's speech, it can be seen that the thrust of this Party will be on development and generating revenue for economic activity to meet social obligations. Not short cuts like selling land. Unless there is industrial, commercial and IT growth, the Party's objective's can not be met.

If it has to see progress in rural areas, general economy will have to prosper first. Short cuts like free power, and free land distribution, free rice etc can not be long term solutions at all, since Govt. treasury will dry up and then the struggle will start as is happening today. As long as there is focus on need of economic development to generate more revenue, we can safely expect sustained growth, which will have positive impact on Real Estate. All political parties will change color within few years. But under current circumstances looks like Prajarajayam could be the answer, if its able to pull together people from all casts, into one cohesive group.

http://www.exclventures.com

UNITECH in HYDERABAD. HUDA has sold Assigned Land. UNITECH almost duped of Rs.160 Crore. 160 Acre Hotel Corridor Project goes for a toss.

2008-08-31T09:51:00.000-07:00

1.0 Background

The rising expenditure due to subsidies and other populist policies, coupled with diversion of funds by contractors, politicians and others puts State Govts in financial mess. The negative trend in Real Estate transactions have added to Govt's woes, with revenue collection by way of registration charges and stamp duty, falling drastically.

Increasing Registration Charges and Approval fees have only been counter productive with fewer projects being planned by developers. The easiest way out of financial mess seem to be to sell off land and use the cash for expenditure! In their eagerness to meet strict Govt. target for revenue, set for various departments, HUDA, APIIC, APHB have been auctioning off land with doubtful legal lineage. The history of much hyped Golden Mile Auction (Kokapet -Hyderabad) is all too well known with buyers left with nothing. Neither land nor money they paid. Once money goes into starving Govt treasuries, its almost impossible to get it back. Unfortunately, bidders were pushed into paying large advances even before possession.

2.0 Budwel Auction Details

HUDA(Hyderabad Urban Development Agency) had widely publicized its Hotel Corridor Project in Shamshabad. Since the land identified was in conservation Zone, HUDA was forced to look for alternate land. Within few weeks HUDA came up with 164 acres of land in Budwel. The land was peddled as a fantastic business opportunity. We had commented on the risk involved, in report released in January 08, before the Auction. (Click to View) Bids were called by HUDA in January 2008 for 164 Acres at base rate of Rs.4 Crore per Acre while market rate for small pieces of GOOD LAND was only Rs.2 Crores per Acre in that area.

3.0 Bidders

Hyderabad based Companies including IVRCL, GVK, GMR, LANCO, Maytas and others, stayed away. But the upcountry Real Estate Majors DLF, UNITECH and ANSAL Group placed bids. Unitech offered Rs.4.02 Crore per Acre and bagged 160 Acres of illegal land! The Terms of payment required successful bidder to pay 25% (Rs.160 Crore), even before Letter of AWARD! In the bid terms no commitment was given that the land is freehold and is free of any litigation. However, UNITECH thought it fit to handover 160 Crore to HUDA!

4.0 Status.

160 Acre Hotel Corridor Project goes for a toss. Since the land was NOT FREE HOLD and actually "Assigned Land" (land Assigned by Govt to the poorest of the society for agriculture) being enjoyed by peasants over 50 years, they rightly went to Court which rejected Govt right to sell land for private purposes.

In this regard, recently the CM himself was forced to surrender Assigned Land to avoid controversies. The stated policy of the Govt. is that Assigned land shall not be sold by Assignees and if sold Govt. will take over and either return it to Assignees or could use it for public purposes like, building Govt schools, Govt hospitals etc.

5.0 While this being the policy of the Govt, how could HUDA have sold Assigned Land to Unitech?

Obviously due to pressure from Govt with regard to revenue target. By hook or crook money had to be made! Investing Companies now look upon HUDA with suspicion. The biggest dis-service done by the Govt. is creating Credibility Loss for HUDA, by pushing it to sell land, in as-is-where is condition, without clearing litigations and before ground development.

6.0 Why did Unitech and others bid for Assigned land which has no commercial value?

Why did Unitech Agree to pay 25% (160 Crore) upfront, with no surety on possession or ownership of land? Answer is simple and easy. Large Developers have all raised Crores from public by way of IPOs. Its easy Money with lakhs of small investors contributing their life's savings, hoping to get rich.

The Companies have got riches, by tapping the market and they have nothing to lose in bidding and handing over Crores to Agencies like HUDA for worthless land. Its not their money after all and they find no need to do a proper Title Survey or Legal Verifications! If the Money was hard earned, these companies will never take risks like these.

7.0 UNITECH may not learn from the mistake

HUDA has offered to give 40 Acres said to be non Assigned Land to UNITECH, to settle the Rs.160 Crore paid! Its most unlikely that the 40 Acres is a single bit. It could be scattered over 160 Acres! There is every chance that the land offered could have legal issues or could be under FTL which again makes the land worthless, commercially.Even otherwise, the location of Budwel is land-locked with no good, direct access to city at all.

A 40 acre project in Budwel, will be a commercial disaster for any Investor. But however, if Unitech can pay Rs. 160 Crore advance with nothing in hand and no legal protection, it could be expected to throw the money away, by grabbing the GREAT OFFER by HUDA!

8.0 Wrap-up - Auction of Land -Hyderabad

Developers have to appreciate the fact that during the last 2 to 3 years, HUDA, APIIC, APHB etc have been putting up land for auction, before its 100% legally cleared. The lands lack clear Title but buyers are asked to pay, sometims 100% UPFRONT!! Developers do not seem to be carrying out serious due diligence exercise before committing crores to the Agencies of AP Govt. Individual buyers beware!

Planning to buy in any new layout from HUDA? If it can cheat powerful corporate entities of hundreds of crores, its no great task for it to cheat individual buyers and dump assigned land or shikham land, on their head. Unlike earlier, when people used to blindly believe HUDA, it would now be necessary to do detailed legal verification, before buying any new auctioned plot, from HUDA.
http://www.exclventures.com/hotnews.asp

Hyderabad- Apartment Rate Review & Report on Property Exhibition at Taj Krishna-18 to 20th July

2008-08-11T10:51:00.000-07:00

The market remains tight but the large developers are holding-on to price levels. Under normal circumstances, a low demand should have resulted in overall price correction, of significant nature. However no appreciable correction is seen. In fact, new projects like PBEL at APPA and Sunway Properties at Borampet are quoting unbelievable rates at these locations .

>>All about Price Trend, Demand, Potential -Hyderabad Real Estate
1.0 Factors influencing price.

There are several factors in the market which makes price to remain high. This include overall inflation, rising raw material costs (Especially Cement & Steel)and shortage of labor force. The high inflation should automatically make a rate of Rs. 3000/sft to increase to 3300/sft in a year (10% rise) but developers who commit price of Rs.3000/sft has to hold it, whatever be the inflation and increase in cement /steel prices.

This situation exposes projects to under recovery risk and obviously, to mitigate this, developers are forced to quote price, with LARGER Margins. In addition to this, the Govt. has been increasing approval fees, drastically and all increases have to be borne by Developer once price is committed.

The above factors have made it impractical for developers to offer considerable reduction in price. However, developers who bought land early, at cheap rates should in fact pass on benefit to buyers. But this is not happening at all.
2.0 Major Property Expo by Times at Taj Krishna

On July 18th to 20th a major Property exhibition was held at Taj Krishna. Times had given wide publicity over last 3 weeks. The News paper carried list of participants with full page ads over several days. Since this was a big effort, we decided to check out the scene and get a low down on Rates and marker response.
Major Participants:

Aparna Nallagadla - Base rate of 3500/sft + Extras
Aliens Tellapur - Base rate of 3500/sft + Extras
SMR (Miyapur) - Base rate of 3200/sft + Extras
SMR (Guchibowli) -- Base rate of 5500/sft + Extras
Sunway Properties, beside Borampet - Incredible 3600/sft with 400 Rs/sft special discount at Borampet in 2008 July? Hope sense will prevail. Wonder wthere any Hyderbadi got wooed by Malaysian girls whi manned teh sales desk! We are sure people here are smart enough, to see through he scheme of things. (The price is unusally high considering the location. Definitely this Company is not passing on low land acquisition rate, to buyers instead, its asking for extremely high premium even if quality is outstanding)
PBEL, at APPA - Rs.3500/sft at APPA in 2008 with Express Highway still in early stage of NON-COMPLETION?! Wonder whether people would run and buy, at APPA at 3500/sft while apartments are available at lower prices near Narsingi, Tellapur, Nallagdla and even all around Kondapur, Nanakramguda etc The price is a bit unusual considering the location and status of Express Highway. Buyers may review quality/amenities, density (flats per acre) etc and reach own conclusion.
Maytas at Hill County -Rs.3400/sft. So over-confident earlier, now even Maytas is forced to particpate in Property Shows to try and get odd bookings.
Giridhari Constructions at APPA - Rs.3200/sft is asking price. This is said to be negotiable down to 2800/sft
Aditya Tellapur - Villas -Above 225 Lakhs

There were several smaller firms all quoting Rs.3000/sft and above, even in Kukatpalli, Chanda Nagar and beyond. Indu was around with its project near Nagole. The new "kid" on the block, BHARAT was not at Exhibition. But they are quoting 3600 to 5600/sft opposite to Guchibowli University! Its going to be an uphill task for it too.

3.0 Market Response:

2 or 2.5 years ago, property Exhibitions were hot bed of action with buyers swarming the counters. Many Counters used to Display SOLD-OUT boards within hours! The Visitor Card Boxes would over-flow. Guest books would have little space to sign. However, recently, Property Expos have been virtual disasters for Developers. Only the organizers made money.

The current Exhibition has been no different. Even with high profile Ad campaign, it has flopped badly. Even at peak time, there were only some 50 people around the spacious hall. Some of the Sales Executives confided the fact that not a single booking has taken place. And with a wink they added that their competitors, were in the same boat! Even casual visitors who used to come with wife and kids in tow, to enjoy 5 star ambience and partake snacks and coffee, were conspicuous by their absence! Obviously hearing rates above 3000/sft is an irritant, even to those who come for time-pass!

We have commented extensively in the Annual Trend Report, on Price Vs Demand situation and have projected when demand could meet prices of around 3500/sft to 3900/sft, in prime areas like Hitec City, Guchibowli, Nallagdla, Tellapur etc. The New developers like PBEL, Sunway, Bharat etc are rushing with their projects in far off suburbs, at very high rates. They may get the quoted rates after quite sometime; Definitely not in 2008 when such rates are not seeing booking, even in prime central localities.
4.0 What will happen to these New Projects:

Those who book unknowingly in Projects like PBEL and Sunway, are definitely going to face long delay in delivery. Also the developers are going to construct only one or two blocks, instead of 10 or 15. This results in very bad environment for early buyers, with the whole place around dug up with construction continuing for may be 5 more years, after they occupy.

Obviously older Projects with Approval in hand, like Aparna, have better chance of delivering in time, without exposing buyes to project risk.
5.0 Vanishing Plot Developers

The most striking feature of the exhibition apart from low turnout, was absence of plot layot developers. Earlier, layout developers would book all stalls, leaving little space to Builders. This time around, except for one brave soul, who was reduced to squatting flies, there were no layout developers anywhere around! (By the way, do note that a Company from Nagpur had come all the way to sell his non-moving plots in Nagpur...pity him! )
>>All about Price Trend, Demand, Potential -Hyderabad Real Estate

Hyderabad Real Estate Review. Apartment Price Trend and Investment & Buying Opportunities. July 2008

2008-08-11T10:40:00.000-07:00

>>All about Price Trend, Demand, Potential -Hyderabad Real Estate

1.0 Current Scenario

There has been definite and discernable down trend in Real Estate Transactions all over India. Last 6 months has seen gradual tightening of situation with builders observing very little booking interest.The sudden and fast increase in apartment rates during 2005-2006 and partly during 2007 has resulted in high overall cost of possession of Apartments.

Coupled with inflation, high interest rates, upcoming elections, reports of job cuts, reduction in salary increments, ever increasing registration charges and crippling approval fees, buyers are forced to rethink.

- Forget it! No more rapid residential construction growth, in prime areas.

Slowly, its becoming very clear that prime areas of Hyderabad like Banjara Hills, Hitec City, Kondapur, Guchibowli, Nallagadla, Tellapur etc will not see rapid residential growth any more. The construction of small stand alone apartments which were booming couple of years back, has totally stopped. There will be fewer new projects and even those will get initial booking slowly. But in the long run the above areas will see terrific pricing.

With current cost of 75 Lakhs to 150 Lakhs and above for reasonably sized apartments, there are just not sufficient people with large budget to buy. Most of the people with such budgets have already bought in projects like Lanco, Aparna, Aliens, Aditya, Ramky, Nagarjuna etc.

Initial Hesitation to move out and buy.

Due to high cost, rest of the potential buyers have no other way but to look at areas like Narsingi, APPA (Bandalaguda), Chanda Nagar, Mallampet etc. There is initial hesitation in moving out. But its only a matter of time before there is large scale booking in outer areas, if builders can offer Rs.1000 to 2000/sft discount compared to rates in Hitec City and surrounding areas.

It takes time for people to understand and appreciate that there is no point in waiting for large fall in rates, to book in prime areas. The initial inertia and hesitation is very much evident in the market. But ultimately people will move out and buy. The early movers who are able to judge the market dynamics and buy in emerging areas, will benefit due to better pricing.

In couple of years, the increase in property rates in such emerging prime areas, will push people farther out…it's a cycle and this happens in all cities. For example, in Mumbai even at 50 Km from say Dadar, buyers pay Rs.3500 to 4500/sft!

2.0 People with investment interest and money to invest, should pick properties in prime areas of Hyderabad.

In Hyderabad even in the most prime areas like Kondapur, Nankramguda etc which are within 5 Km from Hitect City/Guchibowli areas, Apartments are available from 3200 to 3600/sft! The Luxury Apartment rates in Banjara Hills has hit above Rs.10,000/sft.

Since Hitec City, Guchibowli, Nanakramguda etc will see slower growth of construction and hence low availability in future, there is huge investment potential, if you can make strategic investments in good Projects.But one has to be careful in picking the right property. Its should be at very good relative pricing at carefully chosen location.

Often the micro level location of a project can make or break the investment even if its otherwise within a hot zone.

3.0 New Projects with relatively high prices. Will they get through?

Almost all the projects launched since last one or two years, have under booked. This is true of very good projects like Ramky Towers, Nagarjuna, Aditya Homes, Sarover, Space Station etc. The issue as explained is the non availability of critical mass of buyers who can afford rates above 3500/sft today.

While these projects remain unsold, a new one called Bharat has started near Guchibowli University with rates from 3800 to 5500/sft. We are sure it would take inhuman effort to get sufficient booking for a new project, which still may take more than an year to kick-off, when there are top quality projects available around the same locality, with approval. Most of the developers have postponed their plans and rightly so.

Isn't it foolish to pile up costly inventory, in a locked-out factory? The slow growthin addition of apartment units in these areas, is what would help investors in making very good gains.

4.0 Delay, Postponement , Downsizing

Those who had booked in large projects have to gear up for delayed deliveries. Since booking is incomplete, unless there is large external funding, projects will find it hard to complete constriction. The cash flow from people who have booked would be insufficient to meet construction costs. With banks tightening credit lines to Real Estate Developers, its not going to be easy any more, for large projects to get through.

PE funds are also aware of the downtrend and lack of booking. Obviously, they would rather sit on cash than help developers tide over cash flow problems.Some projects can get postponed or downsized. We are already aware of downsizing of a major Apartment project from 40 acres to just 9 acres.

5.0 Get ready for lower sized Apartments

We had predicted the upcoming trend towards lower sized Apartments in Hyderabad in the annual Real Estate Report of 2007. The first large project with 850 sft to 1300 sft apartments has been thrown open for booking near APPA (Bandalaguda) by a company called PBEL with investment from Israel.

The sad part of the story is that the Company wants to rip people by asking for Rs.3600/sft in that location in July 2008!! This is incredible when there are very good project available at Rs. 2800/sft in that area.The pricing is absolutely bad and we are sure they would reach no where!

When there are few takers at 3300/sft to 3800/sft nearer to Guchibowli, who would be out of his mind to pay similar price at APPA? Otherwise, APPA is a very good strategic location being midway between Airport and Hitec City. Its Accessible easily from Banjara Hills (13 km or so) .

6.0 Is Further Correction Possible?

The rates have corrected. There is no doubt about that. For example a high profile project which was quoting 3800/sft is available at 3300/sft today. The market has been slow since 2007 and the correction reflects long period of waning interest.
Existing projects seem to have reached the lowest point. And new project openings would be very few till market looks up. So prices should stagnate at current levels for sometime.

Exclusive Ventures Releases Residential Plot Layout Project at Shamshabad International Airport, Hyderabad for Booking.

2008-03-12T11:54:00.000-07:00

Exclusive Ventures has released new Residential Plot Layout Near Shamshabad International Airport at Early Block Booking Rate for Registered Members. The Project is just outside HADA limit and beside the Banyan Tree Villa Layout of MAK Projects.

The project is situated in the emerging SEZ corridor on the Eastern Side of Airport. The Corridor is along Srisailam Highway beginning with INDU SEZ at Airport Gate and extends about 15Km along the highway. The special development Zone of Airport , HADA (Hyderabad Airport Development Agency), terminates at 11th KM from Airport on Srisialam Highway.

Due to various regulatory requirements the price of land within HADA area is at least 30% higher than land outside. The Layout will be only 6KM from the Outer Ring Road Junction which is within HADA area.

“The key is in identifying the right location outside HADA, which will have equal impact of the SEZ corridor development. Once the locality is identified, buyers need to book early, before prices go up. We take extreme care in recommending projects at pre- development stage. All our recommendations during last two years have been major winners with current prices, way above the early booking rate.”

The Special Early Booking Rate is much less than the market rate and this will be available only to registered members who form the pressure group to bring price to the target level by way of bulk booking.
The project details, plot plan etc are available at Exclusive Ventures website. http://www.exclventures.com/pls08.asp

Exclusive Ventures Releases Annual Real Estate Trend Analysis and Market Intelligence Report -Hyderabad

2008-03-12T11:46:00.000-07:00

Exclusive Ventures, which specializes in research and analysis of emerging real estate opportunities, has released its Annual Real Estate Trend Analysis and Market Intelligence Report on the emerging outsourcing destination, Hyderabad India. The Report is valuable guide to individual, Corporate Investors and Realty Funds.

The Report looks at historic and current real estate rates in different areas and compares with projected rates. The report gives clean analysis of the market situation and gives short and medium term Projections. View Details of the Report at: http://www.exclventures.com/2007-08-realestate-report-download.asp

The effect of various local issues like probable future sundivision of the State, impact of delays in infrastructure projects etc are discussed in detail. The report lists localities with high potential for investment growth . Report gives current rates in different localities. Report rates premier Gated Communities, to assist buyers.

The Reports also brings path breaking interview with, MD of "Above & Beyond", a reputed Real Estate Conultant Company who have been assiting large Corporates on land acquisitions at Hyderabad. The interview captures independent expert opinion on the market, for the benefit of readers. A virtual store house of information, the Report would help buyers and developers to take right steps with regrad to proposed investments.

Emerging Hot Investment Destination – Guchibowli Hyderabad, India

2006-12-10T06:30:00.000-08:00

Hyderabad is the Capital of the Southern Indian State of Andhra Pradesh. It’s a very cosmopolitan city with a huge IT population which serves, at the innumerable Offshore Development Centers and BPO Firms.

Companies Streaming in:

Hundreds of Companies from US including global players like Microsoft, IBM, Perot, Accenture, CA, HP, ADP, GE, Convergys, Templeton, Goldman Sachs, Google, Dell, Motorola, Oracle, GE, Adobe, Sun, McAfee, Pacific, Unisys, USi, UBS, Cisco, Ericsson, Norton, Nokia, Sierra, Flextronics, Virtusa, Deloitee, Danlaw, De Shaw, have set up offices in Hyderabad.

Office space running into Millions of SFT, is still being built, at the vibrant city suburb of Guchibowli. The flag bearer was Hitec City 5 Km before Guchibowli. However in the last 5 years, Hitec City has seen peaking of building spree and the movement has now started, at Guchibowli. Guchibowli already hosts campuses of Microsoft, Infosys, Wipro, Polaris, Kanbay, Templeton, UBS etc. Scores of office complexes and a 7 Star Hotel is under construction.

Ramp-up of Employment:

The flow of these companies into Guchibowli, will make it one of the richest suburbs in India. The current average salary here, being 60,000 Per Month which is several times times the Annual Average income of an Indian!

Already more than 6000 highly paid people are working in the campuses at Guchibowli. Within next 4 years, the number would go to a solid 25000 people, working on cutting edge technologies, for delivery across the world. At the very senior executive levels, there would be at least 500 expatriates, returned Non Resident Indians (NRIs) or Persons of Indian Origin (PIOs) who require world class, spacious, villas to stay.

Coupled with this, the construction of US Consulate here, would give extreme visibility to Guchibowli and hence form magnetic attraction for further investments.

Commercial Development:

To take care of the needs of the rich clientele, several large infrastructure and construction firms are rolling in world class Residential. Commercial and Entertainment projects. Malls, Super Markets and Multiplexes of the kind seen only in Silicon Valley, is now being built by companies like IVRCL, DLF and LANCO. The Crowning Glory would be the 90 story residential tower under early development!

Already, an Expressway of 20KM is under construction, directly connecting Guchibowli to the upcoming New International Airport. Guchibowli will be aproned by the 160 KM Outer Ring Road another ambitious project which would circle the City!

Just 2 KM from the Central Area of Guchibowli is the “Golden Mile”; the high profile corporate business zone where Corporate Offices and IT Parks would be built during the next 2 years. The recent auction of land in this stretch by saw frantic bidding activity by large companies. 4Km away, beside the Express Highway, at Manchirevula, APIIC(Andhra Pradesh Industrial Infrastructure Corporation) is in the process of developing Business District where among others a Twin Tower of 60 Floors would come up.

The Areas of Gopanpalli, Nallagadla, Tellapur beside Guchibowli has been declared by the Urban Development Agency of the city (HUDA) as High-rise Zone. This is done to enable construction of skyscrapers which will house the teaming tech population of Guchibowli. HUDA has indeed done careful planning and the advance action taken by it, need to be appreciated. Otherwise, pressure on scarce land available between Guchibowli and the Outer Ring Road would have been too heavy and the tech population in Guchibowli, would have been forced to live away, resulting in huge traffic bottlenecks and burning scarce petroleum resources!

Its rare to find a locality in India where such large scale developments are planned over the next few years.

Residential Demand:

If we put Guchibowli, Golden Mile, Business District at Mancherevua and Lanco IT Park together the upcoming demand for housing (Assuming a very pessimistic figure of just 25,000 employees in above areas, other than Guchibowli), would be above 50000 apartments and Villas, spread over 5 to 6 years.

With development of commercial centers and the spanking new residential communities, in the coming years, Gopanpalli, Nallagadla, Tellapur, Narsingi etc would see large scale occupation.

Investment Opportunity:

With such developments in the offing, Guchibowli in Hyderabad and surrounding areas offer unparalleled opportunity for the smart ones to invest, in Real Estate.

December 2006:
Plots : Current Price Rs.14000 to 20000SQD
Payment Completion: 1 to 3 Months
Expected Price: 25000 to 35000/sqd by 2008 Dec

Villas – Current Price: 150 Lakhs to 200Lakhs
Construction Period -Over 3 Years
Expected Price: 300L to 400L by 2008 Dec

Luxury Apartments –Current Price: 40 Lakhs to 70Lakhs
Construction Period- Over 2.5 Years
Expected Price: 70L to 120Lakhs by 2009 Dec
Note: Its important to note that the payment can be made over longer period. Buying later at delivery time, would require immediate larger funding, at the then market price.

www.exclventures.com

Historic Comparison:
The large scale construction activity in the surrounding areas of Guchibowli has started only in 2005.

The situation is akin to commencement of such work in Hitec City suburbs in the year 2000. By 2006, we have seen real estate prices zooming several times. Land prices near Hitec City zoomed from Rs.2500 per SQD to Rs.25000/SQD. (1US$=Rs.45) Duplex houses from Rs.50Lakhs to 250 Lakhs and above. Medium Sized Apartments from Rs.9 Lakhs to Rs.40 Lakhs. (I0 Lakh=1 Million)

www.exclventures.com

SHAMSHABAD PLOT PRICES - TIPS TO BUY REALESTATE IN HYDERABAD

2006-11-16T10:07:00.000-08:00

Well,…. here is something that would definitely bring smiles to members of Exclventures who had bought on recommendation 2 years back in HUDA approved Layout near Shamshabad Bus Station!! Ravi, Arati and Ram K! Rejoice!! They bought at 3200/SQD when the price of plots in Shamshabad was just Rs.1000/sqd and below.The current asking rate is 18000/SQD! Please see mail from a member who is trying to buy there!

If any one wishes to sell, I would be happy to direct you to the member free of any charges, as usual! (Buy buying an 800SQD at Rs.3200/sqd while plots were available at less than Rs.1000/SQD all over Shamshabad, Ravi & Arati from US has made a whopping 1.18 Crore PROFIT. They invested just 25Lakhs, 2 years back!! Incredible!! )

Incidentally, several other clients had asked relatives to visit, at that time. And as usual, relatives have very little idea of what is in the offing and they would give undependable feedback making you lose thumping returns. I hope Sudhir M is listening! "Sudhir...You made arrangement for advance and then took it back because MOM felt its too far!"The fact is that distances can not be measured from Hyderabad, anymore. Guchibowli, Narsingi, Gandipet, Shamshabad, Fabcity area, Thukkuguda etc are all turning out to be large satellite cities on their own merit.(www.exclventures.com)

Look at Bangalore and Delhi...the prices in Satallite Locations have overtaken prices in original core areas. Development is a continuing story everywhre. In fact, Hyderabad was a sleepy place till the year 2000. It has just awaken and there is miles to travel!! You need to visualize the future! Developments are happening at frantic pace.

But relatives at home, have very little day-to-day knowledge about the way future would turn! Many of you are missing Millions, by banking on them, rather than professional researched advice! I can recite stories of a number of members who are close to me but had put off purchases and are ruing their misfortune, relying on feedback by parents! I can only say that you will be missing the bus by MILES, if you disregard for example, the Second HADA Layout! www.exclventures.com/hada1.asp DTCP layouts quote 5000/SQD 3KM further away.

Panchayat Layouts are selling at 7000/sqd near Chadrayangutta Junction. So how do you avoid making recurring blunders?!

1. Sign up and become a member at www.exclventures.com to receive alert messages. You have to act when vital info suitable to your requirement, lands in your mail box! You would have already lost lakhs, if you were to know, later from friends or media.

2. Evaluate distances, from the nearest locality where developments are going to happen soon. Always superimpose feedback of relatives, especially those in real estate line with upcoming developments. Relatives who are into buying and selling land, show off to NRIs, as if they have good knowledge!! Unfortunately they have very limited , skewed outlook. They are totally unreliable. Many lose Crores, the moment a distant relative involved in Real Estate is called in to help! That is the end of it!

3. Go by expert advice and hold investments till developments really take off.
In India delays will happen. Be Patient. My recommendations, always seek to establish future resale opportunity with resepect a number of factors, which the "real estate relative" has no clue of.

4. Do not follow the herd and buy all over the place. Many have already lost money by investing in cheap plots in inaccessible areas around Shamshabad, going by what friends were doing. Also developers have been selling "hot plots", in conservation area.

I have heard sob-stories from many of you, who bought plots for in unauthorized layouts.I personally recommend HADA-1 (www.exclventures.com/hada1.asp ) and would be monitoring the price rise there. You do not have to worry about resale, unlike DTCP Layouts. (ONLY STRATEGICALLY LOCATED DTCP PLOTS, CAN EXPECT GOOD RESALE IN THE NEXT 5 YEARS. GO BY RECOMENDATION!)

There are just handful of HUDA /HADA plots available at Shamshabad! And those who own them, will be sitting on cash piles, like Ravi& Arati!Here is a bunch of guys who have pooled their own Money and struggled over an year, to get approval. They have not taken a single rupee from anyone as advance! You have a solid Project with approval and 25% Plots just mortgaged to HADA!

And now when price of HUDA and HADA plots are skyrocketing and YOU have opportunity to buy at a fine place today, why step back?In another few years, this area would be the center of attraction on Srisailam Highway with ORR Junction and Fabcity/Nanotech Park entrance just across, and fine short access.

Its, almost like buying a HUDA Plot opposite to ISB in the year 2000!! Feel free to discuss and evaluate!!

MAJOR US AND FOREIGN IT FIRMS IN HYDERABAD

2006-11-08T11:03:00.000-08:00

Hyderabad has seen tremendous development over the last few years. Microsoft, IBM, Perot, Accenture, CA, HP, Templeton, Goldman Sachs, Google, Dell, Motorolla, Oracle, GE, Adobe, Sun, McAfee, Pacific, Unisys, USi, Cisco, Ericsson, Norton, Nokia, Sierra, Flextronics are only few of the international companies now in Hyderabad. The City has huge scope for expansion with gigantic investments planned in Guchibowli, Hitec, Manchirevula, Narsingi, Kokapet, Gandipet etc. The explosion in IT business activity has resulted in very large influx of professionals into Hyderabad making the real estate scene BOIL!

There are hundreds of NRIs and expatriates now working and buying luxurious properties. The upcoming international Airport, Express Highway to Airport, exploding growth in areas like Hitec City and Guchiboli has changed the face of the city!! Read more (www.exclventures.com) and monitor new projects including the GIGANTIC 90 Story Tower coming up in Hyderabad! Hyderabad is turning out to be the best spot for Real Estate Investment.

HYDERABAD REAL ESTATE

2006-11-08T10:54:00.000-08:00

TRANSFORMATIOn FROM 1999. View detials at www.exclventures.com

From the year 1999, the focus of buyers suddenly turned almost 100% towards Madhapur. Vijayawada Highway was forgotten! For a brief period buyers were enamored by the 4 Lane Highway thro Kompalli-Medchal. But this enthusiasm dispappered quickly. 1999 to the year 2001 saw NRIs and investors buying plots extensively in Madhapur, Kavuri Hills, Hitec City areas. By 2002, interest spread to Kondapur. Apartment and bungalow constructions commenced in full swing, in these areas from the year 2000.

By 2004, Madhapur and Kavuri Hills had run out of open space! And by 2005, entire Hitec city area, including Whitefield, was fully occupied by apartments. Several Gated Community Bungalow Layouts came up, in this stretch. Vasantha Valley, Bhavya's, Orchid, Indu etc. The booming IT industry, caused heavy inflow of professionals into Hitec City area. And the Hyderabad Real Estate blossomed!

Today( 2006-07), we can observe scores of huge IT establishments lined up behind Cyber Towers, all the way upto the Secret Lake (Durgam Cheruvu). L&T Infocity speraheaded the revolution; followed by the likes of Raheja IT Park, Acendas IT Park, TCS, Dell, Oracle, Satyam, CA, Accenture, Infotech, SQLStar, Softsol etc..This inflow of professionals necessitiated huge housing requirement in Hitec City, Kondapur area. Premier builders like Jayabheri, Aparna, Aditya, Aliens, Nivee, Myhome, SMR. Shilpa etc. stormed in, with huge projects. Small and medium builders also joined in, building hundreds of apartment complexes all around, turning Hitec City and surrounding areas into a concrete jungle.

New Projects with Refreshing designs started appering all over Hitec City Area. Foreign Companies Like, EMMAR, JURONG etc have moved in. Several others are entering the fray. Meanwhile, rapid commecial development also occured, bringing in Hotels, Hospitals, Convention Centers, Shopping Malls, Super Markets and major food chains like, Coffee Day, Barista, US Pizza, Pizza Hut, Dominos and usual bars and restaurents etc. Arterial roads from Jubilee Hills got opened up.

Once quiet, Jubilee Hills has now awakened to buzzing horns and traffic jams!Guchibowli, Namakramguda, Gopanpalli:The Construction of Stadium for National Games and then the commencement of IVRCL Towers and ISB at Guchibowli threw up a new location for investors to run to! Oddly named Guchibowli and its neighbouring areas like Nanakramguda, Gopanpalli became the darling of NRIs and Investors making land prices to jump from under 10Lakhs to roaring 15 Crores per acre!! Guchibowli has already seen world class development. More organized and even, compared to Hitec City.

Mammoth structures were built by Infosys, Microsoft, Wipro, Polaris, Canbay, Templeton, UBS etc. More are under construction, including 7 Star Hotel by ISTA. Also the Financial District area is seeing large scale penetration by Indian Banking Giants and FIIs to build their Data Warehouses and Emergeny Operation Centers.US Consulate will be built in the Financial District area in Guchibowli. Already Aparna and Jayabheri are building superb Gated Townships here.

Obviously, there will be demand for highend premium homes which can be rented out at 1.5 Lakhs to 5 Lakhs (within next couple of years) per Month. Emmar is building Golf Course and Villas facing Golf Course behind Infosys. Nanakramguda is buzzing with activity. Lanco is building IT Parks, Residential Towers, Malls and Business Centers spread over 100 acres adjascent to the Express Highway which strats from Guchibowli.

In addition to scores of 20 story structures, a Signature Tower soaring over 90 Floors is being built! View the pictures of these imposing structures now!The silent and empty suburb of Gopanpalli, Nallagadla where the only living beings you could see couple of years back were Buffaloes and stray dogs, has awakened to Gated Bungalows costing over 150 Lakhs. Apartments at this remote location is being sold at 3000/SFT! DLF is building Malls and Commercial Space in area Near CMC at Guchibowli.

IVRCL, with its famed towers -HillRidge-(which opened for booking at 900/SFT in the year 2000), is building Multiplexes and Malls at Guchibowli. Guchibowli is rapidly transforming into a glitzy, upmarket locality.The Average income of poulation here should be above 30K per Month! Unheard of in India where the Annual average income, hardly touches Rs.5000! Obviously, Guchibowli, Kokapet, Narsingi, Gandipet, Manherevula, GopanPalli, Nallagadla, Nanakramguda should be the places that one should target for upmarket commercial ventures / enterprises. Its important to buy into developing localities and cash-out later or run commercial establishments and rake-in big bucks!

Narsingi, Puppalaguda, Manikonda, Manchirevula, Gandipet, Kokapet:The excitement of rapid transformation in Guchibowli, has spread into neighbouring areas of Narsingi, Puppalaguda, Manikonda, Manchirevula, Gandipet, Kokapet etc. If you go in today (October 2006), as a casual vistor to these areas, you will only see green fields and and swaying palms. Its so calm, green and quiet! The imposing upcoming developments have virtually shaken up these sleeping localities, from within. Farmers have disappeared, leaving empty lands to developers and Realtors. The whole place is on fire!

And raging, unseen! Two Lakh per acre rice fields, now quote Rs.15 Crores, an Acre.The upcoming Business District at Manchirevula and Golden Mile at Kokapet has virtually fired up the real estate market. The proposed commercial developments are much larger than what we have seen at Guchibowli. The APIIC is promoting 60 Storey Twin Towers as international Business Center. The Charm of Express highway, now under construction (View Express Highway Video) is drawing developers, investors and commercial and IT establishments, like bees to honey sickle.

The Express Highway to Shamshabad Airport is cutting through these places. Moreover, the Outer Ring Road coming in from Patancheru, will join Express Highway at Narsingi. The imposing commercial ventures proposed here will see thousands of highly paid executives and business managers streaming in! To take care of their voracious appetite (we have already seen this VORACIOUS APPETITE at Guchibowli. where prices of premium flats were driven up from 900/SFT in the year 2000 to 3800/SFT in Oct 2006.

Plot prices from a ridiculous Rs.1000/sqd to the astronomical Rs.25000/SQD!), developers have streamed into this new belt. Radha Realtors, Dhathri, Villa Green, Magadha, Rolling Meadows -12 Km from Kokapet etc are early movers, who allow you to buy early in these areas, to milk huge gains later!! Our members have received vital information and strategic reports, by mail and this has enabled them to buy early, at cheap rates! More new projects are under our review! Sign up free and be ready to profit from recommended safe projects, as natural developments take real estate prices in hot areas of Hyderabad, to incredible levels!

Real Estate in Hyderabad Read More!