Tag Archive for hotels at In Hyderabad

Tag Archive for 'hotels'

May

Hyderbad Real Estate and Project Update

By Hyderabadi 1 Comment 1 Star

(3 votes, avg: 4/5)

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Categories: Realestate Tags: airport, hotels, Hyderabad, Realestate.

Hyderabad Real estate continues to spiral down in many areas due to low demand for apartments and rentals. Buyers are staying away which is attributed to general negative sentiment and sellers are not wanting to get rid of their properties at low prices. I know of a few cases where buyers have forfeited their hefty advances after sale agreements since they could not flip the land as planned.

DC Sunday Hyderabad Chronicle is gaining pounds everyweek with increased real estate advertising and iI see more and more people trying to use the red listings [ premium listing I guess ]. Too many apartments and houses for rent and sale. Looks like the NRI population is also booking profits in this market and moving to a more stable bank deposit or a conservative mutual fund investment. Reality bites the sellers that have high hopes on their properties as soon as they list their properties in DC or some where else. FM Radio and papers are filled with ads about “Buy xxx yds and get laptop free”, “Buy farm plot and get farm house free” and other interesting schemes.

Kondapur apartments are pretty close to breaking below the 3000 per sqft support level and its going to be a long journey for those who are trying to get 30k in rent for a 1800 sqft apartment. Villa projects in prime projects with large built up sqft are holding and growing in value [ 600 sqyd, 5500 sqft, 3.8 crores etc. ]. With the new hype around villas, I see many folks falling prey to developers who are selling triplex villas in 200 - 250 yds [ in remote undeveloped areas ] at more than 2 crores.. please do your home work before you jump into such projects..

Regal Broadway ( NEW ) : HUDA decided to create a new area called regal broadway near the international airport to host a dozen new start hotels to cater to international passengers. Huda invited private companies to construct a 7 star and six 5 star hotels along with five 3 star hotels in a 150-acre area.

Hyderabad Airport : According to GMR, the developer of Hyderabad International Airport, 70% of the work is complete and its on track to be done by March 2008. I really doubt that the work will be fully complete by then, but atleast test flights will be possible by that time. This seems to be the only project in Hyderabad that is showing some progress so far and will be delivered some time in 2008.

Most conservative investments in India today will yield you upto 11%, do you think that an overpriced 1 crore apartment will give you equivalent CAGR over the next 3 years ?

As always.. Its your money.. Spend it Wisely..

Technorati : hyderabad, realestate

Feb

Hyderabad Restaurant Review : Malgudi

By Hyderabadi 4 Comments 1 Star

(2 votes, avg: 4.5/5)

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Categories: Updates Tags: food, hotels, Hyderabad, restaurant.

Recent opening of the lumbini mall added 3 more restaurants in the Jubilee/Banjara area right around touch. These include Zaffran Laguna [ Mediterranean ], Malgudi [ South Indian ] and Basil [ Vegan Cuisine ].

The mall itself is still under construction, but this is a centrally located building very close to KBR and right next to touch. I envy the few friends who were able to grab some commercial space in this mall a long time ago.

Malgudi, a restaurant which claims to be specialized in southern delicacies, is located on the 4th floor in the mall. Interestingly all restaurants are on the same floor and malgudi doesnt have a restroom within its premises.. not sure how they agreed to that..

The interiors are very well done with traditional hardwood props and its very inviting. Once we settled down, I realized that it was the most confusing and interesting menu I have ever seen in a south indian restaurant. The menu was organized by state instead of the traditional starters, main course etc. Each page was dedicated to a state and it covered Andhra, Tamilnadu, Karnataka and Kerala

Now to the experience.. I scanned the menu multiple times to make sure that I was not missing the traditional souther appetizers and to my shock the waiter just recommended typical paneer tikka, spring rolls and other chinese starters. Followed by that we tried to order the maincourse from the traditional non-andhra stuff but were left scratching our heads since the waitstaff was of no help in recommending any of the dishes. When we tried to ask for help, they went back to recommending the Dal Makhni and Malai Kofta [ which was a story in itself.. ] instead of even trying to speak about or sell the traditional fare listed in the colorful menu.

After dinner, we decided to order a dessert, and since I had prior experience in Kerala with adapradhamam which was the only unique dessert on the menu for a Hyderabadi. As expected the waiter walked back to us to let us know that Kubhani-Ka-Meetha [ typical hyderabadi dessert ] was the only dessert available.. We decided to eat what ever they had since it was late to go somewhere else for a dessert and called it a day pretty dissapointed with the whole experience.

Restaurant : Malgudi
Affordability : 8/10 [ Around Rs 350 / head for a meal + soft drinks ]
Food Score : 6/10 [ dissatisfied since we were literally forced to eat north indian food in a southern restaurant ]
Ambience : 7/10
Wait Staff : 5/10 [ friendly & confused about what they really serve in this place.. ]
Overall : 6/10

In Hyderabad