Finding the right service provider in Hyderabad through yellow pages or telephone directory is next to impossible. I had to rely completely on friends and family until I ran into these services. Just Dial is my favourite and is programmed into speed dial. Sulkeha has a long way to go before its really useful.
Sulekha.com seems to have the best comprehensive online listing of businesses in Hyderabad, but most information I looked up was outdated or the phone #’s ended up being wrong.
Just Dial is the most reliable anywhere, anytime free directory service. You dont have to carry a book or count on your ISP to be available, just pick up the phone and dial (040 ) 24444444. Just Dial acts as a Directoryas well as a recommendation source. I have not tried their recommendations yet..let me know if you did..
Do you recommend other yellow page services in Hyderabad ?. .. Let us know..
Technorati : Hyderabad, Yellowpages
US Consulate : Finally after 2 years of announcing the possibility of a US consulate plan for Hyderabad, AP Government and US Officials signed a formal agreement that would make it work.
The Andhra Pradesh government and US authorities on Tuesday signed a lease agreement paving the way for establishing here the fourth American consulate in India. The agreement for leasing the Paigah Palace, a heritage building, for the consulate was signed by officials from the two sides in the presence of Chief Minister YS Rajasekhara Reddy and US ambassador to India David C Mulford. Mulford told newsmen that the consulate would start functioning from the temporary facility “sometime in late 2008″ and a permanent facility would come up by 2011 on land offered by the state government.
Online Tax Filing : Good news for the non resident indians and locals who want to save time and self file their taxes. Tax Yantra was launched this week to provide Online tax filing services for locals as well as NRI’s. I signed up and took a test drive and am impressed at the usability of the site. BTW, they let you to sign up for free, try their service and then finally pay only when you want to file.. similar to the turbo tax model.. Try it out at http://www.taxyantra.com/
The web-based solution created by TaxYantra enables the tax payer to understand taxes and fill the tax return forms online. The print outs of these forms will be picked up representatives of the company and filed with the Income Tax department. The company would charge for its service… According to their survey, individual income tax assessees spend, on an average, five hours on filing returns by way of meeting HR personnel, consultants and waiting in queue at the Income Tax office.
Lanco Hills, the proposed tallest residential tower in the world has finally opened for bookings. If you are anywhere near Hitec city, you will not miss their ads. Ads indicate it will house an IT Park, Mall, Residential and commercial establishments.. News indicates that its just waiting for some sort of aviation clearance, but I am not sure how the fire department cleared such a structure for Hyderabad.Reliable sources indicate that bookings are happening between 3250/sq ft to 4250/sq ft. Negotiate.. nothing wrong with that…This could also be a gimmick by Lanco to get the press before they spin off and go IPO on their realestate wing.
Technorati : Finance, Hyderabad, Real Estate, Tax Filing
Excellent article and photo presentation by exclventures.com [ one of the top hyderabad real estate web sites]. Excellent work and documented proofs by pramod kiron.. An excerpt of his full report is below..
We found that with just few months away to 2008 March, even construction team can not travel from APPA to Shamshabad!!. (This is a 10KM stretch and the workers or engineers can not move from one end, to the other. That summs up the situation!) Miles of hillocks are yet to be cut and there is no ACCESS, at all! We were able to move from Guchibowli upto APPA and then for another 2 Km, by bike, through the mud tracks used by trucks. That is all. It gets stuck there with a huge virgin hill, looking down and making a pass! We rock climbed and reached the top. What we saw was heart breaking! Unending rough terrain, yet to be touched.
Road building can never be done overnight. It’s a very lengthy process. The road width has to be excavated deep and all soil removed. It has to be replaced with red earth, layer by layer. Each layer has to be rolled and cured. The surface preparation with broken granite also happens layer by layer. There is no short cut at all. Let alone flyovers, culverts, underpasses, even plane road will not be seen in several stretches, by 2008 March.
Read the full report here
Since I landed in Hyderabad, every one kept claiming how soon the express way would be ready, but after seeing the delays in simple projects like panjagutta flyover etc., I was waiting for announcements in delays of expressways. As expected, this week Times of India reports that Huda has announced a delay in the construction of the PV Narsimha rao expressway by a year and the highway is expected to be completed by March 2009.
Of the 325 piers (pillars for the flyover), Huda has erected 20 so far. Huda also needs to acquire 2,500 sq yards of defence land in Mehdipatnam, 400 sq yards near the Musi river, 2,500 sq yards of private property in Aramghar apart from some other independent houses and gated communities coming in the way of the flyover. The acquisition process is still in the “advanced” stage.
Its raining SEZ’s in India. Not sure what all these SEZ’s will get for the taxpayer, but politicians and large companies are turning into landlords and at this pace, 50% of India will be really owned by the politicians and ambani’s.
The Centre on Tuesday accorded formal approval to six more special economic zones in the State. They include the two multi-product zones promoted by GMR at Shamshabad International airport and Sri City in Chittoor district. This will take the total number of SEZs in the State to 51.
Majority of the IT SEZs approved on Tuesday were in areas such as Warangal and Guntur, giving a fillip to the State’s government’s efforts to take IT to areas other than Hyderabad. The government, which has been getting requests for land only from smaller IT companies in these areas, is expecting to woo the bigger players with the SEZ status.
GHMC wants to fence its lands.. I dont see how fencing will stop the bada babus from encroaching on government land. It may just give them more of a reason to occupy a fenced property..
The Greater Hyderabad Municipal Corporation will begin fencing and erecting compound walls around its land to keep away land sharks.There are a large number of open spaces big and small in the 12 surrounding municipalities which were merged with Greater Hyderabad.Highly placed sources told this newspaper [DC] that the GHMC had records for over 700 open spaces running into nearly 20 lakh square metres.
Raidurg Auction is a flop as expected.. Government is late to realize that smart money is no longer participating in Hyderabadi auctions
The APIIC was struggling to get bidders for the 424acre IT district out of which 60 acres were put for auction in the first phase. Sources said top developers like DLF, Raheja, L&T and Ascendas made it clear that they would not invest hundreds of crores of rupees on land which is under litigation.
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
(2 votes, avg: 3.5/5)
Loading ...
Latest Comments
karan_lobana, mrm, Parvathi, kumar, Gacchiboy [...]
karan_lobana, ninad pawar, NOVAbubble, Rizwan, srinivas nandula [...]
karan_lobana, srini
Raju, chandra shekar, Mahipal, Rajesh, Diwakar [...]
HitechHyd, Coke, alan, Rajesh, Bala [...]