REAL ESTATE IN HYDERABAD - BY NITHIN REDDY MEKALA

BY NITHIN  REDDY MEKALA

Why Hyderabad is a better place for investament in real estate ??

Why hyderabad??

Hyderabad, the capital of Andhra Pradesh, is internationally known as the city of Pearls and minars. The following analysis places a better perspective on Hyderabad being a better place for real estate investment:- International Airport - Hi-tech city established- Outer Ring Road

- Proposed FAB City

- Proposed NANO Park

- Proposed Special Economic Zones
- Greater Hyderabad vision

- Mega city under development

- Progressive Government and Opposition- Hyderabad metropolitan development authority(HYMA)
- Hyderabad airport development authority(HADA)
- Hyderabad urban development authority (HUDA)
- Greater Hyderabad municipal corporation(GHMC)
- Congenial weather conditions
- Steady increase in land prices

- High quality of life at affordable prices

The city of Hyderabad towards ProsperityHyderabad is all set to focus on a new realty. The residents of Hyderabad are now the residents of the second largest city in the country, next only to the national capital, New Delhi. Recent order issued by the Government for merger of 12 surrounding municipalities with the Municipal Corporation of Hyderabad. GHMC is the new governing body constituted for creating Greater Hyderabad. The new urban agglomeration, sprawls across 625 square km with a population of 67 lakh. Until now Hyderabad had a population of 55 lakh living in an area of 259 sq km.


The erstwhile city of the Nizams has now transformed into an area greater than Mumbai, Chennai and of course Bengalooru. Mumbai, however, will have a larger population than Hyderabad. The 12 municipalities —L B Nagar, Gaddiannaram, Uppal Kalan, Malkajgiri, Kapra, Alwal, Quthbullapur, Kukatpally, Serilingampalli, Rajendranagar, Ramachandrapuram and Patancheru — now stand abolished and merged into Greater Hyderabad which will have a single corporation


The GHMCBesides launching it into the league of the fastest growing metros in the country, the establishment of Greater Hyderabad will facilitate improved and high standard of civic services, provide better civic administrative mechanism, ensure better planning and focused development of the mega city, achieve more equitable devolution of finances and utilisation of resources, ensure uniform enforcement and make the city internationally competitive with worldclass infrastructure and Rs 28,000 crore drawn from the Centre, state government and through public-private partnership, the projects that would be taken up by the new corporation include Outer Ring Road (Rs 5,000 crore); sewerage system (2,000 cr); storm water drains (500 cr); elevated express highway (500 cr); bus rapid transit system (500 cr); Hyderabad international airport (1,500 cr); and special package for old city (2,000 cr) according to Govt sources.

The growth is attributed to the ever increasing demand from IT professionals and the service industry in general. While many real estate dealers and brokers have minted money.With poor networks and information about real estate, IT people have always fallen to the traps of real estate brokers. IT people are targeted for a premium for any big Real Estate Project, be it the Madhapur of Hyderabad or the White Fields of Bangalore.


QUESTIONS WILL BE ANSWERED IMMEDIATELY.OBSERVING REAL ESTATE IN HYDERABAD FOR THE PAST 2 DECADES WE A PRIVATE ENTERPRISE MAKE AN EFFORT TO SHARE OUR KNOWLEDGE WITH THIS (ORKUT) COMMUNITY MEMBERS ONCE EVERYDAY .WE PROVIDE VALID INFO ON PUBLIC AND PRIVATE COMPANY PROJECTS ,G.O.S, RULES ,MAPS ,TENDERS ,SALES ,PRICES ,REALITY CONFERENCES ,NEWS ,ADVERTISES ,GOSSIP,BUYING TIPS AND OTHER NEVER ENDING INFLUENCES WHICH CAUSE APPRAISAL AND DOWNFALL OF THE REALITY INDUSTRY IN HYDERABAD.

we allow anonymous postings


THIS COMMUNITY ACTS AS AN ADD AGENCY WHERE U CAN POST UR ADDS TO ALL MEMBERS , A SURVEY ENGINE WHERE U CAN CONDUCT POLLS, A NETWORK WHERE U CAN CONTACT AGENTS AND VICE VERSE, A MARKET TO GET BETTER DEALS BY BARGAINING AND EXPERT ADVICE.THIS COMMUNITY WILL ALSO BE IDEAL FOR THOSE WHO LOOK AT REAL ESTATE FROM AN INVESTOR POINT OF VIEW .FAQS MUST BE SENT TO COMMUNITY OWNER'S ID WHICH IS DISPLAYED ON THE OPENING PAGE OF THIS COMMUNITY.

M . NITIN REDDY

The city of Hyderabad towards Prosperity - BY NITHIN REDDY MEKALA

BY NITHIN  REDDY MEKALA


Hyderabad is all set to focus on a new realty. The residents of Hyderabad are now the residents of the second largest city in the country, next only to the national capital, New Delhi. Recent order issued by the Government for merger of 12 surrounding municipalities with the Municipal Corporation of Hyderabad. GHMC is the new governing body constituted for creating Greater Hyderabad. The new urban agglomeration, sprawls across 625 square km with a population of 67 lakh. Until now Hyderabad had a population of 55 lakh living in an area of 259 sq km. The erstwhile city of the Nizams has now transformed into an area greater than Mumbai, Chennai and of course Bengalooru. Mumbai, however, will have a larger population than Hyderabad. The 12 municipalities —L B Nagar, Gaddiannaram, Uppal Kalan, Malkajgiri, Kapra, Alwal, Quthbullapur, Kukatpally, Serilingampalli, Rajendranagar, Ramachandrapuram and Patancheru — now stand abolished and merged into Greater Hyderabad which will have a single corporation The GHMCBesides launching it into the league of the fastest growing metros in the country, the establishment of Greater Hyderabad will facilitate improved and high standard of civic services, provide better civic administrative mechanism, ensure better planning and focused development of the mega city, achieve more equitable devolution of finances and utilisation of resources, ensure uniform enforcement and make the city internationally competitive with worldclass infrastructure and Rs 28,000 crore drawn from the Centre, state government and through public-private partnership, the projects that would be taken up by the new corporation include Outer Ring Road (Rs 5,000 crore); sewerage system (2,000 cr); storm water drains (500 cr); elevated express highway (500 cr); bus rapid transit system (500 cr); Hyderabad international airport (1,500 cr); and special package for old city (2,000 cr) according to Govt sources.
HUDA which is has been chosen as vehicle to accomplish Hyderabad a place with possibilities… infinite.Hyderabad Urban Development Authority (HUDA) is all set in carrying out the task acts as multifunctional agency with role of Planner, Controller and Coordinator of various infrastructure, design and development of projects.HUDA has announced various projects for urban infrastructure and Environmental Protection Most prominent ones are:

Housing: Rajiv Swagraha Project for urban lower and middle class families.Integrated Satellite Townships costing Rs3500 crores at Tellapur, Rs 400 crores near the financial district along the ORR is first of its kind project with work, residential, commercial, entertainment, recreation spaces and essential services. Similar projects are proposed at Srinagar, in 600 acres and Uppal, in 800 acres. HUDA is developing 20 satellite townships in the vicinity of the Corporate hubs viz Jawahar Nagar, Budwel, Srinagar, Koheda etc. to provide high-end housing facilities to the many Indian and foreign professionals who have made Hyderabad their home.

Transportation:Outer Ring Road: The 163 kms long ORR is a multilane express highway that will not only link the upcoming international airport with Gachibowli, High-tech City and the financial district, but create orbital linkage to 32 radial roads as will, form the core City.P V Narasimha Rao Express Highway: This Super Corridor eases the international Airport bound tragic on the fast lanes of the ORR. On the completion, it will the longest flyover in the country, measuring 11.63 kms. With a 4 lane elevated divided carriageway of 2 lanes on either side, it has a design speed of 80-100 kmps.Flyovers: 9 Completed flyovers and 3 upcoming ones in the busy areas of the City have facilitated the easy flow of people and vehicles without causing traffic bottlenecks.Radial Roads Project: it is a 32-road network covering the entire city, connecting the Growth Centres, industrial Parks, satellite Townships, the ORR and potential regional centres.

Commercial BuildingsIntegrated Bus Terminus & Business Centre: To decongest the busting Secunderabad railway Station area HUDA has a blueprint that includes the building of a flyover, twin towers to accommodate a retail shopping centre, 65 bus stands, covered and open parking areas in a vast 10 acres spread!

Corporate infrastructure:Calibre SEZ for IT and ITES sectors is being established with the coordination of the Dept. of IT&C, in over 125acres at Kokapet, near the financial district, HUDA Golden Mile and the Hyderabad international IT ParksPentagon, an IT and commercial hub suitable for IT/ITES companies, MNCs and large corporates, is coning at Poppalguda near Gachibowli in a 200 acres’ layout. Giga City, IT and knowledge destination spread over 2000 acres at Jawahar Nagar near Secunderabad Cantonment will have corporate commercial, educational & residential zones.Hotel Corridor150 acres at Shamshabad, next to the International Airport have been earmarked for Regal Broadway, an exclusive corridor for star and budget hotels.Health corridor200 acres at Ameenpur, have been identified for Elixir City , which will house medical institutes of global standards, as part of the State Government’s efforts t make the City the hub of medical tourism.

Environmental Protection:Urban Forestry: HUDA has been actively new Green Belts such as gardens and colony parks e.g. Lumbini Park, NTR Garden, Sanjeevaiah Park, Indira Park, KBR Park etc. as part of its Urban Forestry Initiative. In just a few years, the City’s green cover has gone up to 4.5% to 26%! HUDA’s Green Hyderabad environment Programme is bringing an additional 12,100 hectares under green cover.Eco Consciousness: Strict rules have been enforced to prohibit the use of harmful plastic products by the public in general and shopkeepers, manufacturers in particular. Littering of lakes, gardens and public places has also been made a punishable offence.
Lake Treatment and ConservationHUDA is taking up the restoration and redevelopment of Hussainsagar with aid from the Japan Bank for international Cooperation at an estimated cost of Rs.370 crores. The 200 year old Mir Alam Tank has been restored and beautified by HUDA with STP ad a drainage system. A world class underground aquarium is also a part of the master plan. Apart from this, over 10 hectors of water spread area covering 170 lakes is sought to be treated and conserved by HUDA under its Lake Restoration and Conservation Project.Hyderabad on World Property ListTo get some perspective, this burgeoning city with its 80 lakh people spread over 230 sq km will now be a gigantic 630 sq km city, three times larger, and will extend to 54 mandals located in five districts. Metropolitan Mumbai is by comparison about 427 sq km.What does all this mean for us? The future city could grow in different ways: there could be minicities like Cyberabad spread all over the state; or to optimize resources there could be special zones for housing, manufacture, entertainment and so on. It could also be a combination of both or a completely new city plan. At present, city planning agencies are being sought to assist in the master plan. Just imagine what this could do to the options of the citizens while planning their future property. This huge landmass now envelopes 16 mandals of Hyderabad, 10 of Medak, 22 of Rangareddy, 2 of Mahboobnagar and 4 of Nalgonda. While all these areas may seem like distant suburbs right now, they could very quickly metamorphose into beautiful suburban cities. In the best-case scenario, this will lead to balanced development of infrastructure, better integration of development projects, attract more investment, enable planned jurisdiction of the outer ring road belts, and facilitate better access to institutional funding for a higher level of development. And all this can dramatically impact your future real estate purchases.


Indian cities placed in order of growth in real estate rentals across the world in 2006Mumbai (50.2%) 2nd in orderDelhi (33.3%) 3rd in orderBangalore (25%) (In top 12)Hyderabad (23.1%) (In top 12)The world’s most expensive industrial real estate is the area around London’s Heathrow Airport, followed by Me’ouyan Soreq in Israel and Tokyo.-Cushman and Wakefield’s Annual Report on Industrial Space

Why Hyderabad is a better place for investment in real estate ?? - BY NITHIN REDDY MEKALA

Why Hyderabad??

Hyderabad, the capital of Andhra Pradesh, is internationally known as the city of Pearls and minars. The following analysis places a better perspective on Hyderabad being a better place for real estate investment:

- International Airport

- Hi-tech city established

- Outer Ring Road
- Proposed FAB City

- Proposed NANO Park

- Proposed Special Economic Zones
- Greater Hyderabad vision

- Mega city under development

- Progressive Government and Opposition

- Hyderabad metropolitan development authority(HYMA)
- Hyderabad airport development authority(HADA)
- Hyderabad urban development authority (HUDA)
- Congenial weather conditions
- Steady increase in land prices

- High quality of life at affordable prices

Of late, many cities in India witnessed a remarkable boom in real estate prices. The growth is attributed to the ever increasing demand from IT professionals and the service industry in general. While many real estate dealers and brokers have minted money.With poor networks and information about real estate, IT people have always fallen to the traps of real estate brokers. IT people are targeted for a premium for any big Real Estate Project, be it the Madhapur of Hyderabad or the White Fields of Bangalore.

QUESTIONS WILL BE ANSWERED IMMEDIATELY.OBSERVING REAL ESTATE IN HYDERABAD FOR THE PAST 2 DECADES WE A PRIVATE ENTERPRISE MAKE AN EFFORT TO SHARE OUR KNOWLEDGE WITH THIS (ORKUT) COMMUNITY MEMBERS ONCE EVERYDAY .WE PROVIDE VALID INFO ON PUBLIC AND PRIVATE COMPANY PROJECTS ,G.O.S, RULES ,MAPS ,TENDERS ,SALES ,PRICES ,REALITY CONFERENCES ,NEWS ,ADVERTISES ,GOSSIP,BUYING TIPS AND OTHER NEVER ENDING INFLUENCES WHICH CAUSE APPRAISAL AND DOWNFALL OF THE REALITY INDUSTRY IN HYDERABAD.

we allow anonymous postings

THIS COMMUNITY ACTS AS AN ADD AGENCY WHERE U CAN POST UR ADDS TO ALL MEMBERS , A SURVEY ENGINE WHERE U CAN CONDUCT POLLS, A NETWORK WHERE U CAN CONTACT AGENTS AND VICE VERSE, A MARKET TO GET BETTER DEALS BY BARGAINING AND EXPERT ADVICE.THIS COMMUNITY WILL ALSO BE IDEAL FOR THOSE WHO LOOK AT REAL ESTATE FROM AN INVESTOR POINT OF VIEW .

FAQS MUST BE SENT TO COMMUNITY OWNER'S ID WHICH IS DISPLAYED ON THE OPENING PAGE OF THIS COMMUNITY.

M . NITIN REDDY

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BASIC DOCUMENTS CHECKLIST NEEDED TO BUY LAND IN HYDERABAD - BY NITHIN REDDY MEKALA

BY NITHIN  REDDY MEKALA


1.SALE DEED DOCUMENT ,XEROX ,RECEIPTS ,MORTGAGE DEED (IF ANY).
2.LINK SALE DEEDS DOCUMENTS ,GENERAL POWER OF ATTORNEY ,SPECIAL POWER OF ATTORNEY ,XEROX ,RECEIPTS .
3.RAKBHA ,CHECK DIMENSIONS ,EXTENT (TIPEN SURVEY), SCHEDULE OF PROPERTY IN ALL LINK DOCUMENTS TO PRESENT DOCUMENT , GOVERMENT SURVEY MAP .
4.PASS BOOKS ,ANDHRA PRADESH GOVERNMENT LAND OWNERSHIP RIGHTS FORM AND TITLE DEEDS .
5.RECORD OF RIGHTS (R.O.R.) .
6.TESSALA PAHANIES .
7.KASRA PAHANIES AND OTHER PAHANIES .
8.SETWAR .
9.85 FAISAL PATTI .
10.ENCUMBRANCE CERTIFICATE (E.C.) ON SURVEY NO .
11.PROCEEDINGS OF MANDAL REVENUE OFFICER (M.R.O.) FOR ALL LINKS .
12.LAND USE CERIFICATE FROM HADA OR HUDA .
13.MUTATION CERTIFICATES .
14.TANCH MAP .
15.GIVE PAPER ADVERTISEMENT IN LOCAL AND DISTRICT NEWSPAPERS AND KEEP A RECORD .
16.IF LAYOUT ,APPROVAL FROM LOCAL REGULATORY AUTHORITIES (EXAMPLE :DTCP ,HUDA ,HADA) .
17.PROTECTED TENANT (P.T.) TENANCY ACT 1950 SURRENDER ORDER ,CERTIFICATE OF OWNER SHIP ISSUED UNDER 38-E(IF ANY) .
18.REGULARISATION .

CHECKLIST BEFORE BUYINGLAND IN HYDERABAD - BY NITHIN REDDY MEKALA

BY NITHIN  REDDY MEKALA


1.FIND OUT WHETHER THE SELLER IS INDIVIDUAL /PARTNERSHIP / HUF / JSC .
2.URBAN LAND CELLING (U.L.C.) ACT 1976 .
3.GOVERMENT LANDS OR NOT .
4.ENAM LANDS .
5.LAVANYA PATTA LANDS .
6.ASSINGED LANDS (PROHIBITION OF TRANSFERS) ACT 9 OF 1977 .
7.PROTECTED TENANT (P.T.) LAND ACT 1950 .
8.WAQF BOARD LANDS .
9.TEMPLE LANDS .
10.INDEPENDENCE FIGHTERS LANDS .
11.HADA ,HUDA ,GREATER HYDERABAD,HYMA - ZONES .
12.AIR FUNNEL ZONE IN HADA .
13.O.R.R.,PROPOSED B.T. ROADS ,INTERNAL PROPOSED ROADS (IN HADA,HUDA,GRAMPANCHAYAT,MUNCIPALITY AND SURVEY OF INDIA) .
14.ROAD ,NALAS ,CANALS SETBACKS IN G.O. 86 IN HUDA .
15.CATCHMENT AREAS .
16.FREE TANK LEVEL (F.T.L.),CANALS ,NALAS( IN IRRIGATION DEPARTMENT ) .
17.CATCHMENT AREAS .
18.LEGAL DISPUTES .
19.FORM NO 7 AMENDMENT REGISTER .
20.FORM NO 1 .
21.LOANS,MORTGAGE TO GOVERNMENT OR ITS AGENCIES/UNDERTAKINGS .
22.TAX , SESS AND DEMANDS .
23.MARKET VALUE OF PROPETY FILED UNDER RULE 3 UNDER VAULATION RULE 1975 .
24.CHECK WILL ,SIGNS OF ALL CLAIMANTS IF ANCESTRAL PROPETY(SOMETIMES TWO WIVES) .
25.DOCUMENT NUMBERS ,LINK DOCUMENT NUMBERS ,SEALS , STAMPS ON ALL DOCUMENTS INCLUDING INSIDE PAPERS .
26.SEARCH REPORT FROM LAWYER .

BASIC LEGAL DOCUMENTS CHECKLIST TO BUYING A RESIDENTIAL FLAT IN HYDERABAD - BY NITHIN REDDY MEKALA

BY NITHIN  REDDY MEKALA

1.Agreement for Sale
2.Leave and License Agreement
3.Development Agreement
4.Mortgage Deed
5.Certificate of Title
6.Transfer Deed
7.Surrender Deed
8.Tenancy Agreement
9.Power Of Attorney
10.Indemnity Bond
11.Release Deed
12.Encumbrances Certificate
13.Approval from Local Regulatory Authorities (example: DTCP, HUDA, HADA)
14.Documents pertaining to Co-op Housing Society
15.Agreement to Sell and Purchase
16.General Power of Attorney
17.Special Power Of Attorney
18.Affidavit
19.Receipt
20.Will
21.Possession Letter
22.Change of Address
23.Appointment of Proxy
24.Nomination Form
25.Indemnity Bond
26.Agreement to Sell and Purchase (Flats)
27.Rent Agreement
28.Indemnity Bond on Rs.100/- stamp paper
29.Special Power of Attorney on Rs.100/- stamp paper
30.Transferor's Letter to Society
31.Declaration in support of possession on Rs.20/- stamp paper
33.Undertaking for Stamp Duty on Rs.20/- stamp paper
34.Covering letter to Society from Transferor & Transferee
35.Intimation to Society about purchase of shares of Society