By Mouli MareeduTuesday, December 30, 2008
Wednesday, December 24, 2008
Demand for MIG flats
By Mouli Mareedu
With the global economic meltdown affecting people’s lives, there is a sudden demand for MIG flats in and around the city, says Sun Guard Infra Projects Private Limited MD A Siva Prasad.
Despite the global economic meltdown, suddenly there is a huge demand for Middle Income Group (MIG) residential projects in and around Hyderabad. Customers want to invest according to their budget and are queuing up to buy a dream house in the range of Rs 15 lakh to Rs 25 lakh. As a result the Higher Income Group (HIG) projects are facing hard times.
A Siva Prasad, Managing Director (MD), Sun Guard Infra Projects Private Limited said that the Middle Income Group (MIG) projects are selling like hot cakes in the realty business as customers prefer to invest their money to obtain their dream house at Rs. 15 lakh to Rs 25 lakh. “Due to the impact of global financial crisis on Higher Income Group (HIG) projects sales and construction activities in and around Hyderabad, there is a mammoth demand for Middle Group and Higher Middle Income Group projects in the present scenario,” Siva Prasad said.
The Sun Guard Infra Projects Private Limited is one of the leading firms in Middle and Higher Middle Income group projects in the real estate business in Hyderabad and it has come up with half-a-dozen residential including commercial projects in Hyderabad. “We are aimed at providing a dream house at affordable price with proper facilities as per customer interest. Even as the customer spends huge money on high class homes, there is no guarantee that the so-called realty firms are using good construction materials,” he said.
Elaborating on the current Sun Guard Infra Projects Private Limited, Siva Prasad, professional architect turned realtor said that the name of the venture - Ganaditya apartments, a residential project is under progress at Mallampet, near Bollaram area, where Pharma and other industrial firms are located. “In the Ganaditya venture - two kinds of flats are available, 2 and 3 BHK. Each flat of 2 and 3 BHK will have 1075 to 1375 square feet plinth area priced between Rs. 15 lakh to Rs 22 lakh,” he said.
The other features include round-the-clock security and water supply, every flat designed as per customer's choice by experienced architects and quality material, 20 minutes drive to Mumbai- Hyderabad national highway. Venture is surrounded by various prominent educational institutions and colleges and it is very close to Kukatpally Housing Board. Some of the Sun Guard projects are coming up at Chandanagar, Gachibowli, Pragathinagar near Kukatpally, and Madhapur. “A few ventures - residential and commercial have started construction -- Sukeerth Towers- residential project at Pragathinagar, offering 900 square yard flat at Rs 17 lakh to Rs 26 lakh. Pramoditya venture located at Madhapur, where Information Technology (IT) and IT Enabled Services (ITES) firms are located offering 1080- 1400 square feet flat at Rs. 20 lakh to Rs 42 lakh. Siva Prasad started his career as an architect and has done various high-status projects globally.
He organised a consultancy in the structural design at Lagos in Nigeria and he worked for Starch biscuits, chocolates and Nutrition Company and Chili Pepper restaurant in Hyderabad. The young entrepreneur said that the Sun Guard would come up with prestigious commercial venture - Anitmadhav Elevation -- at Gachibowli in Hyderabad soon. “We chose the Gachibowli location for the commercial project as the place is becoming as major commercial hub with many business firms starting their activities here. There will also be office space for IT, ITES, Call Centre and other businesses too,” he explained.
Saturday, December 20, 2008
Buzzing Balkampet
By Mouli Mareedu
Being adjacent to Balanagar, Balkampet is keeping pace with industrialisation with a go ahead for high-rise constructions in the area.
Balkampet is one of the largest colonies in Hyderabad and the area has been developed commercially and residentially as it is adjacent to the industrial area- Balanagar. The area gains significance as people from many walks of life have made this place their home.After the construction of a 2 km-long flyover, connecting Sanathnagar, Balanagar and Balkampet, the area has become congested with traffic towards this area rapidly increasing.
“When the area continues to be the industrial hub of Balanagar, Balkampet also is becoming a small industrial place with many alloy, iron, and Pharma raw material firms setting up base here,” senior resident of Balkampet, Srinivas Yadav said. Previously Balkampet used to be called Bahadur Khan Guda. During the rule of the Nizam Nawabs, some brave Muslim youth from this locality provided security to the Nizam. Thus, people living in the locality started calling the area as Bahadur Khan Guda.
The area was divided in two parts, Bahadur Khan Guda (BK Guda) and Balkampet. “As many as 200 years ago, when my forefathers were digging for a bore well to facilitate water supply for cultivation purposes, they found some stones, which depicted a goddess. Whoever tried to break the stones received severe injuries or paid with their lives. Then, my family elders took a decision to set up a temple and started worshiping the Goddess Yellamma and also constructed a small temple,” said the Yellamma Temple Trust Board Chairman, Prabhakar Goud.
The Yellamma Temple is not only famous in this locality, but devotees from across the twin cities- Hyderabad and Secunderabad and various places in the Telangana region come to the temple to offer prayers. Come Sunday and Tuesday, devotees throng the temple to have darshan of the goddess,” Prabhakar Goud said. S Mahesh, local resident said that the demand for residential sector would increase in the near future in this area as the civic authorities have given a green signal to start high rise constructions after the airport shifted to Shamshabad from Begumpet.
“When the Begumpet airport was in operation, hundreds of flights took off and landed from the area when the runway stretched to Balkampet,” he said. Balkampet is also famous for construction materials like bricks, cement, iron and sand. “As Balkampet is the epicenter for many localities in Hyderabad, we chose this place and started wholesale business in construction materials. Many people come to this place and purchase construction material as they are available at affordable prices,” said Yadgiri, brick seller. Ameerpet, S R Nagar, Balanagar, Sanathnagar, Fathenagar are the neighbouring areas of Balkampet.
Friday, December 19, 2008
Buzzing Balkampet
By Mouli Mareedu
Being adjacent to Balanagar, Balkampet is keeping pace with industrialisation with a go ahead for high-rise constructions in the area.
Balkampet is one of the largest colonies in Hyderabad and the area has been developed commercially and residentially as it is adjacent to the industrial area- Balanagar. The area gains significance as people from many walks of life have made this place their home.
After the construction of a 2 km-long flyover, connecting Sanathnagar, Balanagar and Balkampet, the area has become congested with traffic towards this area rapidly increasing. “When the area continues to be the industrial hub of Balanagar, Balkampet also is becoming a small industrial place with many alloy, iron, and Pharma raw material firms setting up base here,” senior resident of Balkampet, Srinivas Yadav said.
Previously Balkampet used to be called Bahadur Khan Guda. During the rule of the Nizam Nawabs, some brave Muslim youth from this locality provided security to the Nizam. Thus, people living in the locality started calling the area as Bahadur Khan Guda. The area was divided in two parts, Bahadur Khan Guda (BK Guda) and Balkampet.
“As many as 200 years ago, when my forefathers were digging for a bore well to facilitate water supply for cultivation purposes, they found some stones, which depicted a goddess. Whoever tried to break the stones received severe injuries or paid with their lives. Then, my family elders took a decision to set up a temple and started worshiping the Goddess Yellamma and also constructed a small temple,” said the Yellamma Temple Trust Board Chairman, Prabhakar Goud.
The Yellamma Temple is not only famous in this locality, but devotees from across the twin cities- Hyderabad and Secunderabad and various places in the Telangana region come to the temple to offer prayers. Come Sunday and Tuesday, devotees throng the temple to have darshan of the goddess,” Prabhakar Goud said.
S Mahesh, local resident said that the demand for residential sector would increase in the near future in this area as the civic authorities have given a green signal to start high rise constructions after the airport shifted to Shamshabad from Begumpet. “When the Begumpet airport was in operation, hundreds of flights took off and landed from the area when the runway stretched to Balkampet,” he said.
Balkampet is also famous for construction materials like bricks, cement, iron and sand. “As Balkampet is the epicenter for many localities in Hyderabad, we chose this place and started wholesale business in construction materials. Many people come to this place and purchase construction material as they are available at affordable prices,” said Yadgiri, brick seller.
Ameerpet, S R Nagar, Balanagar, Sanathnagar, Fathenagar are the neighbouring areas of Balkampet.
Being adjacent to Balanagar, Balkampet is keeping pace with industrialisation with a go ahead for high-rise constructions in the area.
Balkampet is one of the largest colonies in Hyderabad and the area has been developed commercially and residentially as it is adjacent to the industrial area- Balanagar. The area gains significance as people from many walks of life have made this place their home.
After the construction of a 2 km-long flyover, connecting Sanathnagar, Balanagar and Balkampet, the area has become congested with traffic towards this area rapidly increasing. “When the area continues to be the industrial hub of Balanagar, Balkampet also is becoming a small industrial place with many alloy, iron, and Pharma raw material firms setting up base here,” senior resident of Balkampet, Srinivas Yadav said.
Previously Balkampet used to be called Bahadur Khan Guda. During the rule of the Nizam Nawabs, some brave Muslim youth from this locality provided security to the Nizam. Thus, people living in the locality started calling the area as Bahadur Khan Guda. The area was divided in two parts, Bahadur Khan Guda (BK Guda) and Balkampet.
“As many as 200 years ago, when my forefathers were digging for a bore well to facilitate water supply for cultivation purposes, they found some stones, which depicted a goddess. Whoever tried to break the stones received severe injuries or paid with their lives. Then, my family elders took a decision to set up a temple and started worshiping the Goddess Yellamma and also constructed a small temple,” said the Yellamma Temple Trust Board Chairman, Prabhakar Goud.
The Yellamma Temple is not only famous in this locality, but devotees from across the twin cities- Hyderabad and Secunderabad and various places in the Telangana region come to the temple to offer prayers. Come Sunday and Tuesday, devotees throng the temple to have darshan of the goddess,” Prabhakar Goud said.
S Mahesh, local resident said that the demand for residential sector would increase in the near future in this area as the civic authorities have given a green signal to start high rise constructions after the airport shifted to Shamshabad from Begumpet. “When the Begumpet airport was in operation, hundreds of flights took off and landed from the area when the runway stretched to Balkampet,” he said.
Balkampet is also famous for construction materials like bricks, cement, iron and sand. “As Balkampet is the epicenter for many localities in Hyderabad, we chose this place and started wholesale business in construction materials. Many people come to this place and purchase construction material as they are available at affordable prices,” said Yadgiri, brick seller.
Ameerpet, S R Nagar, Balanagar, Sanathnagar, Fathenagar are the neighbouring areas of Balkampet.
Subscribe to:
Posts (Atom)