I was taken aback by hearing following news from my friend during a Lunch-Table discussion....
"My brother-in-law's college-mate (who works in TCS) have purchased a plot in Adibatla after reading one email (that he got from TCS PR/Communications team) which mentioned that 'TCS will be setting up a new campus at Adibatla'. He had taken it in some GP layout near to the campus @1000/- Per sq.yrd and have recently sold it @4850/- Per sq.yrd"
Many of his TCS counterparts might have simply Shift-Deleted that email. But, thanks to his patience in reading all such organization-wide communication emails; he has got ~5 times of appreciation in <2 years time-frame. Considering the time factor, that's a big margin, one can get.
Ok...That's what inspired me to visit that place. Just for your reference, here is the snapshot of Backside-View of TCS campus that is being constructed by L&T:
Note: Above picture was captured on 18-Oct-2013. I'm sorry for the long-shot, it was taken from my car.
TCS Campus? Really??
Yes. TCS Software Development Campus will be coming up @Adibatla in 3.1 Million Sq.Feet area.
L&T is doing the construction work for this campus. And California based Saga Architecture, which had received prestigious International Property Award in 'Asia Pacific Best Office Development' category for Tata Consultancy Services Sahyadri Park (Pune) campus, has bagged the architecture design contract of Adibatla Campus either.
For more details, you may check the following web-page...
https://sagarchitecture.com/adibatla-2/
And following video should depict the proposed view of TCS Adibatla campus.
Source: Saga Architecture
The question that I had in my mind was: "Given that values already appreciated 5 times, is it worth investing now?"
Answer is Yes. Because of following points(these are only few I can think of) it is a lucrative opportunity to invest in this zone...
Again, I did my own study. Spoke to elderly people who have been living in Hyderabad since 1981 (who bought plots in HMT Colony, Kukatpally areas @40/- Per Sq.yrd). Also read several blogs, 99acres Discussion/Forums, consulted realtors from both Andhra & T regions.
Answer is No. Justification points that I arrived after above discussions/study are...
OK. Now that I am convinced to take buy a plot in Hyderabad near this zone, question was "Where, Which Project to invest in ? What is Best ??"
Visited this area by sacrificing many weekends including Dasara like festivals. Following is the snapshot of comprehensive research I did...
Note: Please be informed that the rates and HMDA approval statuses mentioned above are as on 15-Oct
As I highlighted above, each project has its own Pros & Cons in-terms of Cost-vs-Distance (from TCS/ORR like assets). You can go for any one of them based on your own study and budget. My advice is to invest in a HMDA layout than in GP (Grama Panchayat) layouts.
Disclaimer: All the points I stated above are my own. Please...Please do not misinterpret them. As always, I just wanted to share that info what I have gathered so that it can help you to take wise decision.
I do not have any relationship with any of the developers nor I am a marketing guy :-)
"My brother-in-law's college-mate (who works in TCS) have purchased a plot in Adibatla after reading one email (that he got from TCS PR/Communications team) which mentioned that 'TCS will be setting up a new campus at Adibatla'. He had taken it in some GP layout near to the campus @1000/- Per sq.yrd and have recently sold it @4850/- Per sq.yrd"
Many of his TCS counterparts might have simply Shift-Deleted that email. But, thanks to his patience in reading all such organization-wide communication emails; he has got ~5 times of appreciation in <2 years time-frame. Considering the time factor, that's a big margin, one can get.
Ok...That's what inspired me to visit that place. Just for your reference, here is the snapshot of Backside-View of TCS campus that is being constructed by L&T:
Note: Above picture was captured on 18-Oct-2013. I'm sorry for the long-shot, it was taken from my car.
TCS Campus? Really??
Yes. TCS Software Development Campus will be coming up @Adibatla in 3.1 Million Sq.Feet area.
L&T is doing the construction work for this campus. And California based Saga Architecture, which had received prestigious International Property Award in 'Asia Pacific Best Office Development' category for Tata Consultancy Services Sahyadri Park (Pune) campus, has bagged the architecture design contract of Adibatla Campus either.
For more details, you may check the following web-page...
https://sagarchitecture.com/adibatla-2/
And following video should depict the proposed view of TCS Adibatla campus.
Source: Saga Architecture
The question that I had in my mind was: "Given that values already appreciated 5 times, is it worth investing now?"
Answer is Yes. Because of following points(these are only few I can think of) it is a lucrative opportunity to invest in this zone...
- Hyderabad is already a well-known IT/Software hub in India - No one can deny that
- ITIR: As I read in English newspapers and Tech Blogs, Hyderabad is fortunate to get this deal by beating many states like Odissa, Karnataka,..etc
- India wide respected education institutes like IIIT, BITS, ISB... are here
- Metro Rails - Once all the proposed phases finishes up (with L&T doing them, its just a matter of time) Hyd will be another Delhi or Bengaluru
- Proximity to Airport: As we all agree, software companies and its promoters prefers SEZs that are located close to International_Airports
- ORR
- Prices in common-man's range: Unlike Vijayawada or Ongole or Vizag or Guntur, where realtors have already hiked the prices for obvious reasons, in areas like Adibatla, prices are still in acceptable range.
- Developments & Future-Prospects in that Maheshwaram/Raviryal/Adibatla belt: Be it already functioning SEZ's like Tata AeroSpace(Adibatla), HCL Infosystems(Maheswaram) [or] upcoming offices like TCS, CTS (Bhoomi-Pooja by L&T have already completed on 08/Oct. I have seen their banners inviting Cognizant delegates). And thee areas already have got Schools like RainTree International, Aga Khan Academy, Brilliant Grammar High School...etc.
Again, I did my own study. Spoke to elderly people who have been living in Hyderabad since 1981 (who bought plots in HMT Colony, Kukatpally areas @40/- Per Sq.yrd). Also read several blogs, 99acres Discussion/Forums, consulted realtors from both Andhra & T regions.
Answer is No. Justification points that I arrived after above discussions/study are...
- If Hyderabad is declared as UT or Common Capital (which is least-likely case) for both the states, then there won't be any questions
- In case if Hyderabad is declared as capital to Telangana; there are some advantages like (i) People will be more focussed (ii) Revenue that gets generated in Hyderabad would be invested in just 10 districts as opposed to 23 districts today
- BTW, investors or NRI who hails from Andhra region and fear to buy properties in Hyderabad have already slowed-down. Not recently, such people have started investing near their native places since 2009 or so (when T agitation was at it's peak)
OK. Now that I am convinced to take buy a plot in Hyderabad near this zone, question was "Where, Which Project to invest in ? What is Best ??"
Visited this area by sacrificing many weekends including Dasara like festivals. Following is the snapshot of comprehensive research I did...
Note: Please be informed that the rates and HMDA approval statuses mentioned above are as on 15-Oct
As I highlighted above, each project has its own Pros & Cons in-terms of Cost-vs-Distance (from TCS/ORR like assets). You can go for any one of them based on your own study and budget. My advice is to invest in a HMDA layout than in GP (Grama Panchayat) layouts.
Disclaimer: All the points I stated above are my own. Please...Please do not misinterpret them. As always, I just wanted to share that info what I have gathered so that it can help you to take wise decision.
I do not have any relationship with any of the developers nor I am a marketing guy :-)
