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Narapally High Rise Residential Apartments - Project Details

This document proposes a joint venture project to develop high-rise residential apartments on 8.5 acres of jointly owned land near Pocharam, Secunderabad. The project would include 2 levels of cellar parking, 14-17 floors of apartments ranging from 1100-2000 sq ft, amenities like a clubhouse and pool, and would be completed within 4 years. Key terms include the landowner and builder splitting profits 45:55 and an initial advance of 10% of the land value or 15 crores. The location is described as up-and-coming with nearby IT companies and amenities.

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Vishal Nanna
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0% found this document useful (0 votes)
647 views4 pages

Narapally High Rise Residential Apartments - Project Details

This document proposes a joint venture project to develop high-rise residential apartments on 8.5 acres of jointly owned land near Pocharam, Secunderabad. The project would include 2 levels of cellar parking, 14-17 floors of apartments ranging from 1100-2000 sq ft, amenities like a clubhouse and pool, and would be completed within 4 years. Key terms include the landowner and builder splitting profits 45:55 and an initial advance of 10% of the land value or 15 crores. The location is described as up-and-coming with nearby IT companies and amenities.

Uploaded by

Vishal Nanna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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A Joint venture Project

High Rise Residential Apartments

Sample Images source: Google search

Project :

• Proposal: A joint venture project, in company owned 8 ½ acres land for development
purpose.

• Structure: Development of High rise Residential Apartments with all the amenities as
per the norms and also Sale of Flats.

Location:
Dropped pin
Near Pocharam, Secunderabad, Telangana
https://maps.app.goo.gl/2V4kfvz7AfKGAuoB9

• Land Opp: Mc Donald’s and all new Asian Square MJR Multiplex.
• Narapally X Road, Ghatkesar Mandal, Medchal-Malkajgiridistrict.
• About 8.5 kms from Uppal X roads and within the Hyderabad city limits of ORR.
• About 5 kms to ORR

Narapally Site Location Highlights :

• The proposed project is close to: Infosys, Raheja Mindspace, Genpact, Singapore
township, AIIMS after Ghatkesar, Asian Square MJR multiplex, Rotterdam
International school, Delhi World Public School, Mc Donald’s, many engineering
colleges & International schoolsin and around Narapally.
• Government of Telangana is focusing more in Eastern City zone (Look East) as it is
on the Warangal highway and way to famous Yadadri temple,
• About 7 Km long Express way flyover from Uppal to Narapally is under construction.
• There are IT companies coming up, Multiplexes, High rise Residential Apartments,
Villas and Commercial developmental activities are taking place.
• Huge scope for developmental activities.

Site Details :

• Land Details: The Land is in 3 survey numbers. Sy.no 28 and 29(parts) in Narapally
village, Sy.no 764 (parts) in Korremula village.

• Land measurements: Sy.no.28: 1 Ac 10.56 guntas. Sy.no.29: 4 Ac 39 guntas.


Sy.no.764: 2 Ac 26 guntas.

• Total Land for Development: 8 ½ acres.

• Sides: 3 side roads to the site. West: 35” road, North: 30” road, South: 30” road
Entrance: 60” road facing Highway.

• Land Documents: Ownership of Land, EC, Land in Use certificate, all clear documents
are available.

• Land conversion is necessary.


Builder/Developer – Deliverables:

• Building Structure:

o 2 Level Cellar parking


o Ground floor
o 14 floors to 17 floors

• Height of the building: 45 mts to 55 mts


• Total built up area: 15 Lakh sft +
• Flat size:
o Approximate sizes of super built up area. 1100 to 2000 Sq ft.
o 2 Bed rooms, 3 bed rooms and a few 4 bed rooms flats

Amenities:

• Total Gated community Residential apartments and flats with all the facilities like Club
house, swimming pool, Games zone, Open area and other amenities as per the
norms.

• Complete construction should be as per vaasthu.

• Project completion time: 4 years (after getting all approvals).

Basic Terms :

• Advance:
o 10% of Land value or 15 crores, whichever is higher.
o The estimated Land value is 13 to 15 Crores per acre as per the market survey

• Sharing ratio:
o Landlord : Builder - 45:55.

• It is negotiable depending on
o the project report and number of floors (14 floors to 17 floors)
o Mutual discussions and understanding by both the Managements.

• Should be WIN, WIN situation and transparency.


➢ Company Now, wanted to diversify business into Infrastructure development for Housing

and Asset Management

Explore the untapped


Join Hands in making a dream project…. A master piece…
Right time to WIN together
Digital Survay :

For More Details Contact :

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