Neopolis bidding highlights... inkochem marketing cheste 60-80 cr/acre vachedi...

[MysoreJackson]

 

 

[MysoreJackson]

300 cr infrastructure investments for this area with 18months completion period... ee area US downtimes la avtundi...

[hyperbole]

Kastamu le and going above 40cr/acre is first time ever in South Indian anta, sarlarpuria got it for 25 cr/acre before pandemic in the same SEZ. Rajapushpa paid 60 cr/acre because they own 4.5 acre in that block and hence they went beyond for that 1.9 acre adjacent parcel so that they can own the whole block and have 3 access roads so that they can go beyond stipulated FSI (build more floors)

[jalsa01]

60 cr ante Squareyard around min 1,00,000 undali.. too much rates vayyaa

[hyperbole]

Hyderabad and then AP got a a very bad reputation with land auctions and most of the auctions ended up in litigations scarring away National builders like DLF, Hiranandani etc. These Kokapet lands were litigated during YSR time and the court cleared them after 10 years. hence some of the National players were sitting on the fence and watching things unfold.

Hiranandani actually purchased land during the Golden Mile auction in 2007 but it seems to have changed hands later. DLF was hit by so many litigation cases that they just stuck to Gachibowli and later they have agreements with MyHome(almost of all Hitech city myhome constructions are on DLF bought lands as they wanted to get out of the mess). A lot of national  players are still wary of Hyderabad as being a notorious market for property litigation. Regional players, however, can wade through those issues using power & influence. 

It’s not just Hyderabad but every city has their own version of MyHome and they usually don’t enter into other cities because of inherent problems

 

[MysoreJackson]

13 minutes ago, hyperbole said:

Hyderabad and then AP got a a very bad reputation with land auctions and most of the auctions ended up in litigations scarring away National builders like DLF, Hiranandani etc. These Kokapet lands were litigated during YSR time and the court cleared them after 10 years. hence some of the National players were sitting on the fence and watching things unfold.

Hiranandani actually purchased land during the Golden Mile auction in 2007 but it seems to have changed hands later. DLF was hit by so many litigation cases that they just stuck to Gachibowli and later they have agreements with MyHome(almost of all Hitech city myhome constructions are on DLF bought lands as they wanted to get out of the mess). A lot of national  players are still wary of Hyderabad as being a notorious market for property litigation. Regional players, however, can wade through those issues using power & influence. 

It’s not just Hyderabad but every city has their own version of MyHome and they usually don’t enter into other cities because of inherent problems

 

Knowledgeable and too much grip on these topics bro neeku ...  few people in this DB are really intellects on certain topics...