tag:blogger.com,1999:blog-373674232024-02-27T23:56:22.795-08:00HYDERABAD REAL ESTATE BLOG. HYDERABAD REAL ESTATE NEWS, NEW PROJECTS & PRICE TRENDSHot Hyderabad Real Estate News, Views, Price Trend and Analysis reportsHYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.comBlogger30125tag:blogger.com,1999:blog-37367423.post-44267917455243741252010-05-06T21:42:00.000-07:002010-05-06T21:43:53.892-07:00GCI Enterprises, Sansui Technologies - Recruitment Scam Companies. Take Care!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!<br /><br />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 <strong>“GCI Enterprises” and “Sansui Technologies”.</strong><br /><br />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. <br /> <br />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!<br /><br />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. <br /><br />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!<br /><br />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. <strong>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.</strong> These “companies” also brazenly publish news paper ads, which shows how easy its to get away with crime, in India.<br />Incidentally, we may also feel that the Lottery Jackpot mails rarely find victims. <a href="http://www.complaints-india.com/complaints/767/for-transfer-in-my-winning-prize.html">Read the story of Ms. Preeti Bala</a> who transferred Rs.18500 and was on the verge of transferring Rs.48,350 more….<br />Read More at: <a href="http://www.complaints-india.com/article-gci-enterprises-sansui-technologies-10010.php">http://www.complaints-india.com/article-gci-enterprises-sansui-technologies-10010.php</a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-27384503693906616702010-04-20T09:04:00.000-07:002010-04-20T09:06:34.590-07:00Modi Opens IPL Can of Worms! Will the Allegations Stick to IPL and Modi?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.<br />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”! <br />Unfortunately, Modi has unwittingly raised the curtain, letting all and sundry to have a ball on the stage! So what are the <a href="http://www.complaints-india.com/">charges and allegations</a> currently floating around? Here they are, for a quick read!<br />· 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?<br />· Modi’s brother-in-law Suresh Chellaram is the largest stake holder in Rajasthan Royals with whopping 44.15%<br />· Mohit Burman who co-owns Kings XI Punjab is brother of Modi's stepson-in-law Gaurav Burman <br />· 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!<br />· How come Akash Aurora, a very close friend of Modi, manage to get a stake in Kings XI Punjab. <br />· How could Akash Aurora mange to get into “Live Current Media” through his firm Netlinkblue and form GCV?<br />· 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?<br />· Who pocketed the $80Million(~360Crores) commission paid by MSM to WSG after Modi brokered out of court settlement regarding TV and broadcast rights? Did not the money flow back to Modi?<br />· What were the sources of funds raised by Franchisees? Were they converting slush black money into white? And was IPL a willing partner in crimee?<br />· Has IPL/BCCI recorded all revenue and paid taxes on that?<br />· Were IPL contracts under-stated and hefty kick-backs routed to people involved?<br />· Are various contracts being placed on “friends and relatives” by sharing insider information including leaking of bid amounts<br />· Were the US$ 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?<br />· 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?<br />· Did Modi offer US$ 50 Million bribe to Kochi Owners to quit the game?<br />· Why and how has Bid Documents of Adani & Videocon disappeared?!<br />· Who are Micheal Dalvi, & Jagdish Chandra Qatil and what is their dealings with Modi? (Rumors are flying thick about huge land deals Rajasthan) <br />· 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?<br />· Is there a Connection between Modi, Mauritius and Kolkatta Fanchisee ?<br />· 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)<br /> <br /> View More at: <a href="http://www.complaints-india.com/article-IPL-Mess-10009.php">Complaints India – Sport Complaints</a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-35467892434001669312010-04-19T09:33:00.000-07:002010-04-19T09:34:40.776-07:00Its Raining Jobs in India. Indian Companies Draw up Big Plans for Hiring in 2010According 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.<br />Health Care- 2.5 Lakh Jobs<br />IT & ITES – 1.5 Lakh Jobs<br />Telecom – 1.0 Lakh Jobs<br />Banking Sector -0.4 Lakh Jobs<br />Experts expect strong demand of jobs from FMCG, Education, Construction & Industry Sectors<br />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!<br />The (Assocham) report projects manufacturing, textiles, food and beverages, transport equipment, metals, leather and machinery to contribute most to employment generation<br />Meanwhile, several IT Companies have announced recruitment plans for 2010 according to Employment Consultants “<a href="http://www.resumes-india.com/">Resumes India</a>”<br />Infosys - To Hire 30,000 <br />TCS - To Hire 30,000 <br />WIPRO - To Hire 7500 Freshers <br />Accenture - To Hire 8000 <br />Satyam - To Hire 5000 <br />IBM - To Hire 5000 <br />Honeywell - To Hire 1000 <br />(All the above Hiring news released till mid April 2010 by companies are available at: <a href="http://www.resumes-india.com/newsdetails.html">http://www.resumes-india.com/newsdetails.html</a> )<br /> 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.HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-43734620190161014262010-04-15T11:58:00.000-07:002010-04-15T11:59:33.309-07:00ISRO burns US$75Million as India’s First Satellite Launch Vehicle with Indigenous Cryogenic Engine Disintegrates.India’s effort to launch Geo Synchronous Launch Vehicle ( GSLV-D 3) with homegrown cryogenic engine, was undone by massive failure of the cryogenic engine. A successful mission would have would taken India into the elite club of space-faring nations comprising the United States, Russia, certain European countries, Japan and China who possess the cryogenic technology<br /><br />The GSLV flight was to have placed the 2.2 Tonne advanced communication satellite GSAT-4, into Geo Transfer Orbit. <br />The 49-metre tall three-stage Geo Synchronous Launch Vehicle blasted off at 4.27pm at the end of a 29-hour countdown but minutes later, the cryogenic engine which was to fire and take control from the initial liquid propellant stage, failed to ignite, resulting in mission failure.<br />The space <a href="http://www.complaints-india.com/breakingnews.php">vehicle tumbled uncontrollably and disintegrated</a>. Obviously, the mission achieved little, except to prove that ISRO has not been able to demonstrate advanced indigenous technologies though millions of dollars of tax payers money is being burned, every year, to support the hugely manned organization.<br />Within minutes of the historic failure and without even going into the reasons, ISRO had no qualm in claiming that it will be ready to test again within a year. ISRO had invested Rs.330 Crores (Approx US$ 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! <br />Incidentally Chandrayan1, the moon mission, had to be aborted several months in advance and it damaged the country's space exploration program.<br /><br />“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.<br />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.<br /><br />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!<br />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.<br />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.<br />Heads need to roll in ISRO.<br />Article : <a href="http://www.complaints-india.com/">Citizen Complaints</a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-21641076435604488082010-03-27T09:27:00.000-07:002010-03-27T09:30:12.016-07:00Top Internet Frauds & Scams which Trap New Internet Users in India. Report by Complaints-India<p>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.<br /><br />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.<br /><br />Its important that internet users get alerted and educated about criminal gangs which come up with schemes defraud them.<br /><br />Based on <a href="http://www.complaints-india.com/Website-Complaints/">user complaints</a>, the major scams that manage to hook new internet users in India are as follows:<br /><br />-Phishing Scams with Mail appearing to come from Genuine Website<br />-Fake Employment Offers<br />-Fake Investment Companies offering High Returns<br />-Click Ads Scam<br />-Paid Survey Scam<br />-Fake Online Home Jobs<br />-Fake Lottery Jackpot Offer<br />-Foreign Money Transfer Scam<br /><br /><strong>Phishing Scams with Mail appearing to come from Genuine Website</strong><br /><br />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<br />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.<br /><br /><strong>Fake Employment Offers</strong><br /><br />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. <br /><br /><strong>Fake Investment Companies offering High Returns</strong><br />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: <a href="http://www.complaints-india.com/complaints/325/cheque-bounce.html">City Limouzine</a>.<br /><strong>Click Ads Scam</strong><br />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.<br /><strong>Paid Survey Scam<br /></strong>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. <br /><strong>Fake Online Home Jobs</strong><br />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!<br /><strong>Fake Jackpot Lottery Offer</strong><br />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.<br /><strong>Foreign Money Transfer Scam</strong><br />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.<br /><br />Here is a selection compiled by <a href="http://www.complaints-india.com/Website-Complaints/">Complaints-India.com</a> of a bunch websites which are reported as fraud sites, by users.<br />365JOBS4U.com<br />500euro-mail.com<br />awsurvey.com<br />bestjobs-london.com<br />beyondgoogleads.com<br />bramahimpex.com<br />cash4clickingptc.com<br />cashbynetjobs.com<br />cashmailz.org<br />click4onlinejobs.com<br />corpscan.info<br />dollarGoldFund.com<br />dreamcash4u.com<br />Earnparttimejobs.com<br />earnrupaya.com<br />easycashptc.com<br />easypostjob4u.com<br />ecashdeals.com<br />elixirinteractive.com<br />europayinc.com<br />fastopportunities.com<br />greatnetcash.com<br />homejob4indians.com<br />hotelscombined.com<br />instantptr.com<br />itmatchonline.com<br />km-onlinehomejobs.blogspot.com<br />mahamantra.biz<br />marketkapial.com<br />moneypride.com<br />netcash2all.com<br />netjobplus.com<br />netsurveyjobs.com<br />Netsurveyjobs.com<br />online-home-jobs.com<br />onlinejobs-incom.com<br />onlinejobs-income.com<br />perfectptr.com<br />realtradeltd.com<br />reputationdefender.com<br />richptr.net<br />ripleSuccessOnline.com<br />royalforexfunds.com<br />smartguysngals.com<br />srilankanetjobs.com<br />time2rich.com<br />ukjobs4u.com<br />vaahoo.in<br />viewbestads.com<br />workathomeinus.com<br />zenithinfoonline.com<br /> For More Information and user experiences View Report on <a href="http://www.complaints-india.com/article-internet-scams-10007.php">Internet Frauds & Scams</a><br /> </p>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-26190617922473541842010-03-22T07:49:00.000-07:002010-03-22T07:52:14.737-07:00Live Bomb in Kingfisher Flight. Dry run by Terrorists?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.<br /><br />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.<br /><br /> The possibilities are:<br /><br />- Bomb was Planted in Trivandrum before the Flight Took off to Bangalore on Saturday<br /><br />- Bomb was Planted in Bangalore before the Flight took off to Trivandrum on Sunday Morning<br /><br />- Bomb was planted on Sunday Morning after the flight reached Trivandrum to test whether the flight would take off without the bomb being detected.<br /><br />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.<br /><br /><br />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.<br /><br />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 <a href="http://www.complaints-india.com">Complaints India</a>, a Consumer Affairs Website.<br /><br />Its likely that <strong>terrorists are in the process of infiltrating into flight staff or security agencies.</strong> Recent arrest of an IM operative who had undergone pilot training points to serious plan by terrorists to strike civil aircrafts flying in India.<br /><br />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.HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-3906203946362001682010-03-14T09:45:00.000-07:002010-03-14T09:48:30.747-07:00Adsense Crash. Publishers Lose Money as Google Ad Network Continues to BreakdownThe 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%. <br /><br />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. <br /><br />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. <br /><br />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! <br /><br />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.<br /><br />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! <br /><br />“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!<br /><br />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! <br /><br />View More with Screenshots of web pages without the usual Google ads at: http://www.complaints-india.com/Google-Adwords-Adsense-Networks-Crash-10005.phpHYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-34795699174511604502010-03-11T08:47:00.000-08:002010-03-11T08:48:58.449-08:00Google Adwords, Adsense Networks Crash in India. No Ad delivery for hours together on most daysIt 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.<br /><br />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.<br /><br />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. <br /><br />Its surprising that Google has not been able to attend to the issue though the problem has been simmering for weeks. View More at: <a href="http://www.complaints-india.com/newsdetails.html">Complaints India Ne</a>ws at www.complaints-india.comHYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-27646956215479176672010-02-20T11:09:00.000-08:002010-02-20T11:11:56.649-08:00Bubbles blown by the boom always burst…but you could be safe.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. <br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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. <br /><br />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.<br /><br />Get daily dose of high energy <a href="http://www.exclusivereal.com">Real Estate Market News</a>, prepare to invest and teach yourself to get off the board, at the right time.<br /><br /><a href="http://www.exclusivereal.com">http://www.exclusivereal.com</a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-15341890712512722682010-02-19T02:53:00.000-08:002010-02-19T02:55:32.026-08:00Consumer Complaint Portals – How Do they Work?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.<br /><br />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.<br /><br /> Few websites like <a href="http://www.complaints-india.com">Consumer Complaints </a>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.<br /> 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.<br /><br /> 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.<br /> 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.<br /><br /> 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.<br /><br /> The Complaint Portals like <a href="http://www.complaints-india.com">http://www.complaints-india.com</a> help to quickly spread news about new scams .HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-49350058118615986382010-01-18T08:49:00.000-08:002010-01-18T08:57:20.670-08:00ExclusiveReal Presents Latest US Real Estate News<h4><a href="http://www.exclusivereal.com"><strong>LATEST US REAL ESTATE NEWS</strong></a></h4><br /><br />We can now read all the latest and important happenings in the US Real Estate Market including news on Housing, Commercial, Mortgage, Economy at <a href="http://www.exclusivereal.com">http://www.exclusivereal.com</a><br /><br />All Hot US Real Estate and <a href="http://www.exclusivereal.com"><strong>US Property News </strong></a> is available on Exclusive Real Home Page. New Home Projects in all major cities are featured in inner pages.HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-27542375729577984162009-04-16T10:52:00.000-07:002009-04-16T10:57:40.712-07:002009 Election, Telengana Impact on Real Estate, Land & Property Rates HYDERABAD, INDIA<strong>1.0 The Big Messy Election </strong><br /><br />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! <br /><br />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. <br /><br /><strong>2.0 Actors</strong><br /><br />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. <br /><br />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??<br /><br />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! <br /><br />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! <br /><br />At the end of the day, PRP is expected to emerge only as a minor player. <br /><br /><strong>3.0 Cash is King </strong><br /><br />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.<br /><br />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. <br /><br />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! <br /><br /><strong>4.0 Will Telengana Happen ? </strong><br /><br /><strong>5.0 The Worry Factor for Real Estate </strong><br /> <br /><strong>6.0 Impact on Constructed Area Rates </strong><br /> <br /><strong>7.0 Impact on Land Rates </strong><br /> <br /><strong>8.0 So what is the advice, considering possible split of the state? </strong><br /> <br /><br /><strong>View the Complete Article at: <a href="http://www.exclventures.com/News-elections-telengana-Apr09.asp">Exclusive Ventures -Hot News</a></strong>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-35553263371409941562009-04-10T11:35:00.000-07:002009-04-10T11:45:35.140-07:00Apartments Through Banks? Foreclosures and Bank Sales? Is that a possibility in Hyderabad, India?1.0 Where can I get information on foreclosure properties being put up by banks for sale? <br /><br />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. <br /><br />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. <br /><br />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. <br /><br />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." <br /><br />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 <br /> <br /><B><FONT COLOR="#008000">2.0 Individual Loan Default </FONT></B><br /><br />Buying of a property by an Indian is usually a <B>"family affair"</B>. 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. <br /><br />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 <B>foreclosures of individual accounts</B> due to default, even though economy has been under severe stress for more than 7 months now. <I>(There are only unsubstantiated loose talk fed by news from US) </I><br /><br /> In India, each <B>housing loan is Guaranteed</B> by someone known to the borrower. Once a borrower defaults and default is persistent, the bank will immediately sound out the Guarantor. The <B>Guarantor is legally bound to pay EMI and settle any outstanding</B>, if borrower defaults. <B>Making Guarantor pay is considered a taboo</B>, in India. Something that is to be absolutely avoided. And this fact also ensures that immediate family steps in to ease the burden. <I>( As far as we know such Guarantor provision does not exist in US Home Mortgage Agreements)</I> <br /><br /><br />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. <br /><br /><B>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</B>. <br /><br /><br /><B><FONT COLOR="#008000"> 3.0 Default by Builders </FONT></B><br /><br />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. <B>But does this help the eagerly awaiting so called "foreclosure buyer?"! Lets examine.</B><br /><br /> ..............More at: <A HREF="http://www.exclventures.com/News-Real-Estate-foreclosures-India-Apr09.asp"><strong>http://www.exclventures.com/News-Real-Estate-foreclosures-India-Apr09.asp</strong></A>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-85844352903808190682009-03-15T07:47:00.000-07:002009-03-15T07:50:30.859-07:00India Real Estate Market Outlook. Have Builders been too Sluggish to React? Hyderabad - March 2009<strong>1.0 Coming to Terms with Hard Reality </strong><br /><br />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.<br /><br />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. <br /><br />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. <br /><br /><br /><strong>2.0 Reading Signals Early and Reacting Swiftly </strong><br /><br />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)<br /><br />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.<br /><br />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. <br /><br />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. <br /><br />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! <br /><br /><strong>3.0 Truth Hurts </strong><br /><br />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. <br /><br />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. <br /><br />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.<br /><br />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. <br /><br /><strong>4.0 Case Studies </strong><br /><br />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. <br /><br />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.<br /><br />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 <br /><br />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<br /><br /><strong>5.0 Ungainly Sales & Marketing Set Ups </strong><br /><br />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. <br /><br />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. <br /><br /><strong>6.0 Current Outlook </strong><br /><br />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. <br /><br />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!<br /><br />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. <br /><br /><a href="http://www.exclventures.com/hotnews.asp">http://www.exclventures.com/hotnews.asp</a><br /><br />Home Page: <a href="http://www.exclventures.com/">http://www.exclventures.com/</a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-64851403045236838942009-03-15T07:41:00.000-07:002009-03-15T07:44:33.873-07:00The Real Crash Hits Hyderabad.In Exclusive Ventures' Report for Januuary 2009, we had mentioned:<br /><br />"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." <br /><br />Well....the cure is finally here! Its simple and straight forward! Crush the price by sledge hammer rather than mere chipping!<br /><br />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. <br /><br />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.<br /><br />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. <br /><br />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. <br /><br />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. <br /><br />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. <br /><br /><br /><strong>What does this crash mean for the market?</strong><br /><br />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. <br /><br />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) <br /><br />With the builders who crash their price first, likely to take new bookings, those who resist will find it tough later, to survive. <br /><br />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. <br /><br /><strong>Bottleneck in Price Crashing & Re-negotiation</strong><br /><br />With such fall actually hitting market, its time for existing buyers to get down and actually renegotiate.<br /><br />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. <br /><br />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. <br /><br />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. <br /><br />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. <br /><br />Existing home owners have to show patience and hold on for couple of years. No point in panic selling. <br /><br /><strong>About APH 220</strong><br /><br />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. <br /><br />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. <br /><br />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). <br /><br />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. <br /><br /><strong><a href="http://www.exclventures.com/hotnews.asp">http://www.exclventures.com/hotnews.asp</a></strong>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-39777906726946190102009-03-15T07:34:00.000-07:002009-03-15T07:40:28.794-07:00Exclusive Properties in Major Indian CitiesExclusive Ventures City Website (<a href="http://www.exclventures.com/india-cities.asp">http://www.exclventures.com/india-cities.asp</a>) 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. <br /><br />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.<br /><br />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.<br /><br /> Developers can contact Exclusive Ventures at exclhyd@sify.com for advertising. For more details visit: <a href="http://www.exclventures.com/india-cities.asp">http://www.exclventures.com/india-cities.asp</a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-29960480283639571392009-01-16T02:36:00.000-08:002010-01-22T02:02:59.515-08:00Recommended New Home Builders in US CitiesExclusive Ventures has launched a new web application for recommending New Home Builders in US cities, to its members. The website is available at <a href="http://www.exclusivereal.com">http://www.exclusivereal.com</a>. The site also features <a href="http://www.exclusivereal.com"><strong>US Real Estate Breaking News</strong></A> which impact Real Estate Market behaviour. <a href="http://www.exclusivereal.com"><strong>Latest News on housing starts, housing trends, commercial property trends, mortgage rates, fed policy related to real estate market in US are covered.</strong>.</A><br /><br />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.” <br /><br /><br />Each city will have few dependable and reputed <strong><a href="http://www.exclusivereal.com">New Home Builders</a></strong>. The website lists only three New Home Builders in each city.<br /><br />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. <br /><br />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. <br /><br /><br />The website lists <a href="http://www.exclusivereal.com"><strong>recommended New Home Builders </strong></a>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<br /><br /> <br />The website has simple advertising plan. <a href="http://www.exclusivereal.com">New Home Builders </a>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! <br /><br />The Advertising Fee can be paid securely online through the website’s credit card payment service provider, 2checkout.comHYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-18764608475337237522009-01-16T02:13:00.000-08:002009-01-16T02:18:51.611-08:00Recommended Service Providers -Insurance, Legal , Mortgage Loans, Lawyers, Stock Brokers, Hotels in US cities.When someone has important and urgent requirement to find a reliable resource dealing with <strong> <a href="http://www.us-cities.exclventures.com">"auto insurance", "loan consolidation", "online trading", "hotels", "lawyers", </a></strong>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.<br /><br />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 (<strong><a href="http://www.us-cities.exclventures.com">http://www.us-cities.exclventures.com</a></strong>) lists only three recommended resources under each category in each city.<br /><br />This makes it simple and easy for the visitors of <strong>www.us-cities.exclventures.com</strong>. 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.<br /><br />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. <br /><br /><br />www.us-cities.exclventures.com lists recommended service providers dealing with "auto insurance", "loan consolidation", "online trading", "hotels", <a href="http://www.us-cities.exclventures.com">"lawyers" in Atlanta</a>, 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<br /><br />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. <br /> <br />Users can get Lenders to <a href="http://www.us-cities.exclventures.com">Consolidate all their Loans or get Student Loan, School Loan, College Loan</a>, 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. <br /><br /><br />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! <br /><br />The Advertising Fee can be paid securely online through the website’s credit payment service provider, 2checkout.comHYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-65501727156665639232008-10-02T04:44:00.000-07:002008-10-02T04:51:36.645-07:00Status of 21KM Express Highway Project from Guchibowli to Shamshabad (New Hyderabad Airport)<strong>Hyderabad - Express Highway to Airport from Guchibowli. October 2008 Status </strong><br /><br />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. <br /><br />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. <strong>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.</strong> <br /><br /><strong>Low Deployment of Manpower and Machinery </strong><br /><br />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. <br /><br />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.<br /><br /><strong>The Worst Stretch </strong><br /><br />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. <br /><br />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. <br /><br /><strong>No Bypass is possible </strong><br /><br />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. <br /><br /><strong>Express Highway to Airport. Segment wise Outlook for Connectivity</strong> <br /><br /><strong><Font color="red">View Report for Details & Pictures:</font> <a href="http://www.exclventures.com/hotnews.asp ">www.exclventures.com/hotnews.asp </a></strong>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-73369933721904623982008-09-19T22:16:00.000-07:002008-09-19T22:19:29.236-07:00Emerging New Central Business District in the City of HyderabadThe 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.<br /><br />The <strong>conversion of Arterial roads in Jubilee Hills which connects Begumpet to Hitec City into Commercial Zone and the shifting of airport out of Begumpet </strong>to Shamshabad are now becoming the key drivers behind the emergence of a New Central Business District in Hyderabad. The prospect of <strong>Metro Rail and a Rail terminal</strong> similar to Secunderabad Station, at Hitec City are added attractions.<br /><br /><strong>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.</strong><br /><br />The Report can be accessed at: <strong><a href="http://www.commercial.exclventures.com/HotNews.asp">http://www.commercial.exclventures.com/HotNews.asp</a></strong>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-27464410033664992008-08-31T10:00:00.000-07:002008-08-31T10:30:12.158-07:00Chiranjeevi's powerful political entrance. Will he shake things up?<div align="right"> <strong>Checkout <a href="http://www.exclventures.com/hotnews.asp">http://www.exclventures.com/hotnews.asp </a>for More news</strong></div><br /><br /><strong>1.0 The Launch</strong><br /><br />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.<br /><br />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.<br /><br /><strong>2.0 Policy Direction</strong><br /><br />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.<br /><br />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.<br /><br /><strong>3.0 QUOTE FROM Chiranjeevi's Speech:</strong><br /><br />" 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.<br /><br />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"<br /><br /> <br /><strong>4.0 What does this mean?</strong><br /><br />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.<br /><br />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.<br /><br /><strong>5.0 Telengana</strong><br /><br />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.<br /><br />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.<br /><br /><strong>6.0 What can be expected?</strong><br /><br />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.<br /><br />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.<br /><br />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.<br /><br /><a href="http://www.exclventures.com/"><strong>http://www.exclventures.com</strong></a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-74725444851316262012008-08-31T09:51:00.000-07:002008-08-31T09:59:57.094-07:00UNITECH in HYDERABAD. HUDA has sold Assigned Land. UNITECH almost duped of Rs.160 Crore. 160 Acre Hotel Corridor Project goes for a toss.<strong>1.0 Background</strong><br /><br />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.<br /><br />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.<br /><br /><strong>2.0 Budwel Auction Details</strong><br /><br />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. <a href="http://www.exclventures.com/News-HUDA-Budwel-Auction-Jan08.asp" target="_blank">We had commented on the risk involved, in report released in January 08, before the Auction. (Click to View)</a> 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.<br /><br /><strong>3.0 Bidders</strong><br /><br />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!<br /><br /><strong>4.0 Status.</strong><br /><br />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.<br /><br />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.<br /><br /><strong>5.0 While this being the policy of the Govt, how could HUDA have sold Assigned Land to Unitech?</strong><br /><br />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.<br /><br /><strong>6.0 Why did Unitech and others bid for Assigned land which has no commercial value?</strong><br /><br />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.<br /><br />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.<br /><br /><strong>7.0 UNITECH may not learn from the mistake</strong><br /><br />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.<br /><br />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!<br /><br /><strong>8.0 Wrap-up - Auction of Land -Hyderabad</strong><br /><br />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!<br /><br />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.<br /><a href="http://www.exclventures.com/hotnews.asp"><strong>http://www.exclventures.com/hotnews.asp</strong></a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-19387035127704422462008-08-11T10:51:00.000-07:002008-08-11T11:06:32.464-07:00Hyderabad- Apartment Rate Review & Report on Property Exhibition at Taj Krishna-18 to 20th July<em>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 .</em><br /><br /><strong><a href="http://www.exclventures.com/hotnews.asp"><span style="color:#ff0000;"><em>>>All about </em>Price Trend, Demand, Potential -Hyderabad Real Estate</span></a></strong><br /><strong>1.0 Factors influencing price.</strong><br /><br />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.<br /><br />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.<br /><br /><a href="http://www.exclventures.com/News-hyderabad-Real-Estate-GO-impact.asp"></a>The above <strong>factors have made it impractical for developers to offer considerable reduction in price</strong>. However, developers who bought land early, at cheap rates should in fact pass on benefit to buyers. But this is not happening at all.<br /><strong>2.0 Major Property Expo by Times at Taj Krishna</strong><br /><strong></strong><br /><strong>On July 18th to 20th</strong> 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.<br /><strong>Major Participants:</strong><br /><br /><ul><li>Aparna Nallagadla - Base rate of 3500/sft + Extras </li><li>Aliens Tellapur - Base rate of 3500/sft + Extras </li><li>SMR (Miyapur) - Base rate of 3200/sft + Extras </li><li>SMR (Guchibowli) -- Base rate of 5500/sft + Extras </li><li>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) </li><li>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. </li><li>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. </li><li>Giridhari Constructions at APPA - Rs.3200/sft is asking price. This is said to be negotiable down to 2800/sft </li><li>Aditya Tellapur - Villas -Above 225 Lakhs </li></ul>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.<br /><br /><strong>3.0 Market Response:</strong><br /><br />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.<br /><br />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!<br /><br />We have commented extensively in the <strong>Annual Trend Report</strong>, 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.<br /><strong>4.0 What will happen to these New Projects:</strong><br /><br />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.<br /><br />Obviously older Projects with Approval in hand, like Aparna, have better chance of delivering in time, without exposing buyes to project risk.<br /><strong>5.0 Vanishing Plot Developers</strong><br /><br />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! )<br /><a href="http://www.exclventures.com/hotnews.asp"><strong><span style="color:#ff0000;">>>All about Price Trend, Demand, Potential -Hyderabad Real Estate</span></strong></a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-35093727127204511902008-08-11T10:40:00.000-07:002008-08-11T11:04:45.797-07:00Hyderabad Real Estate Review. Apartment Price Trend and Investment & Buying Opportunities. July 2008<strong><a href="http://www.exclventures.com/hotnews.asp">>>All about Price Trend, Demand, Potential -Hyderabad Real Estate</a></strong><br /><strong></strong><br /><strong>1.0 Current Scenario</strong><br /><br />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.<br /><br />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.<br /><br /><div align="center"><strong>- Forget it! No more rapid residential construction growth, in prime areas.</strong> </div><div align="left">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. </div><div align="left"></div><div align="left">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. </div><div align="center"><strong>Initial Hesitation to move out and buy.</strong> </div><div align="left">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.</div><div align="left"></div><div align="left">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. </div><div align="left"></div><div align="left">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! </div><div align="left"></div><strong>2.0 People with investment interest and money to invest, should pick properties in prime areas of Hyderabad.</strong><br /><br />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.<br /><br />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.<br /><br />Often the micro level location of a project can make or break the investment even if its otherwise within a hot zone.<br /><br /><strong>3.0 New Projects with relatively high prices. Will they get through?</strong><br /><br />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.<br /><br />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.<br /><br />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.<br /><br /><strong>4.0 Delay, Postponement , Downsizing</strong><br /><br />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.<br /><br />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.<br /><br /><strong>5.0 Get ready for lower sized Apartments</strong><br /><br />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.<br /><br />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!<br /><br />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) .<br /><br /><strong>6.0 Is Further Correction Possible?</strong><br /><br />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.<br />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.HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0tag:blogger.com,1999:blog-37367423.post-1591844126506128922008-03-12T11:54:00.000-07:002008-03-12T11:57:32.998-07:00Exclusive Ventures Releases Residential Plot Layout Project at Shamshabad International Airport, Hyderabad for Booking.Exclusive Ventures has released new <strong>Residential Plot Layout</strong> Near Shamshabad International Airport at Early Block Booking Rate for Registered Members. The Project is just outside HADA limit and <strong>beside the Banyan Tree Villa Layout of MAK Projects</strong>.<br /><br />The project is situated <strong>in the emerging SEZ corridor on the Eastern Side of Airport</strong>. 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.<br /><br />Due to various regulatory requirements the price of land within HADA area is at least 30% higher than land outside. <strong>The Layout will be only 6KM from the Outer Ring Road Junction which is within HADA area.<br /></strong><br /> “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.” <br /><br />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.<br /> The project details, plot plan etc are available at Exclusive Ventures website. <a href="http://www.exclventures.com/pls08.asp"><strong><span style="color:#cc0000;">http://www.exclventures.com/pls08.asp</span></strong></a>HYDERABAD REALESTATEhttp://www.blogger.com/profile/11827652743585963231noreply@blogger.com0