Lanco Hills | Multiple Towers - Mixed Use | Under Construction

[keshavasiva]

Originally Posted by purapagal

There is a very very big difference between a 9-10 story residential building and a 90 story one. The infrastructure support required for a 90 story one is far greater then a 10 story building...I mean exponentially greater. And there are other factors too for such high residential buildings.

Also in India the general public does have apprehensions about very high residential buildings. Even for 15-25 stories apartments buyers have to be totally convinced that support in case of power outage or fires etc. are there 100%... all of these have to be kept in mind before a builder starts marketing such projects.

absolutely! People in india are not used to skyscrapers and dont like so much to risk. Strictly speaking we are only used to not even 10flrs but just 5 6 or rarely 7. First they should start builing 10 flrs then go on to 20 then 40 and after a pretty good habituation we can build 90 r 100 or even more.
But this project seems like giving computer to a baby where toys will b a btr choice.

[Luckystreak]

Originally Posted by purapagal

There is a very very big difference between a 9-10 story residential building and a 90 story one. The infrastructure support required for a 90 story one is far greater then a 10 story building...I mean exponentially greater. And there are other factors too for such high residential buildings.

Also in India the general public does have apprehensions about very high residential buildings. Even for 15-25 stories apartments buyers have to be totally convinced that support in case of power outage or fires etc. are there 100%... all of these have to be kept in mind before a builder starts marketing such projects.

The context of the discussion was at the point of someone having doubts that a 90 storied building will have no takers beacuse there is a downslide in the IT boom. The analogy was made in that context. Infrastructure support is a different issue. Besides, this project is coming up in an area exclusively meant for tall buildings and I presume there will be decent planning going into it

But yes, the only thing that can keep away people from this is a combination of misapprehension and acrophobia aka skyscraper-o-phobia. But, its kinda funny that people dont have such apprehensions just 800km to the west of Hyd, in Mumbai.

[ranga]

Originally Posted by Luckystreak

What makes people think that a 90 storey residential tower will not find takers?. Just for analogy sake, when 9 ten storied buildings (Singapore township, Raintree park) can find easy takers in the vicinity why cant a 90 storied one?.

Most of the high rise buildings in Hyderabad does not have basic fire fighting/prevention measures and have therefore not been able to get clearance from the fire dept.yet most have been sold,rented in utter disregard of basic safety. Despite wide spread violation of construction/sanctioned plans no actions are taken.No PIL is filed here unlike in chennai were the people filed PIL and got court direction to demolish buildings which have violated or deviated from sanctioned plans.

[ranga]

Originally Posted by Luckystreak

The context of the discussion was at the point of someone having doubts that a 90 storied building will have no takers beacuse there is a downslide in the IT boom. The analogy was made in that context. Infrastructure support is a different issue. Besides, this project is coming up in an area exclusively meant for tall buildings and I presume there will be decent planning going into it

But yes, the only thing that can keep away people from this is a combination of misapprehension and acrophobia aka skyscraper-o-phobia. But, its kinda funny that people dont have such apprehensions just 800km to the west of Hyd, in Mumbai.

There is lot of difference between mumbai and hyderabad in all walks of life.Mumbai graduated to tall structures gradually.people there are used to living in high floors and use the crowded suburban trains methodically.I feel Hyderabad is gulping too much than it can chew.It does not suit here with casual chaltha hai mindset.

[Babji]

Originally Posted by ranga

Gentleman, the 33% oversupply for Hyderabad is estimated before all these rendering for skyscrapers in Hyderabad.The oversupply estimates will shoot up if all the skyscraper projects proposed are implemented.In the light of software industry slowing down in the near future say from 2009-10 i am apprehensive that large amounts sunk for raising the skyscrapers will go down the drain effecting the economy here.The growth of IT industry will definitely plateau from the year 2009 in India.The beneficiaries will be smaller countries in Asia and Asia pacific.

Eight new hotels to come up in Hyderabad
2007-05-30 20:19:08 Source : Moneycontrol.com

After attracting the IT companies, Hyderabad is now attracting hotels. Eight new hotels will be up next year, reports CNBC-TV18.

Hyderabad has only 2,000 star rooms right now. But in three years, it will have well over 10,000. That is because hotels see potential in Hyderabad. Hyderabad offers the right mix of affordable property rates, large areas available for development and a booming services industry that promises to bring in business travelers. Wil Fieldhouse, General Manager, Novotel Hyderabad, said, �We have got great momentum with the international companies that are here and the very strong Indian companies that have set up base in the city. In the next three to four years, we will have six new Accor properties in Hyderabad."
The Taj Group, Trident, Oberoi, Best Western and Hyatt are the big names shopping for space in Hyderabad. Each of them plan to set up a hotel here. The Marriot and Accor groups are working on two new properties, other than those they already have. A report by property consultant Jones Lang Lasselle shows room bookings in the city have risen almost 50 % in the past year. That is twice as much as in other Indian cities. The industry expects demand to continue over the next few years, especially from business travellers...

The room occupancy in Hyderabad's five-star hotels charging Rs 7500 a night is 72 % in the off-peak summers. The demand-supply gap is so wide that industry players are not concerned about oversupply in the next few years.

The future looks bright!

[ferrari_fan]

and also the fact that even in spite of the high demand the rates are around Rs. 7500 in a 5* is encouraging - ultra-high hotel rates are rather a turn-off..

[kaushik]

Lanco appoints C&W as project marketing partners

http://www.moneycontrol.com/india/ne...artners/283399

Lanco Hills Technology Park (Pvt) Ltd. has appointed Cushman & Wakefield India as Exclusive Project Marketing partners for their prestigious SEZ / Non-SEZ project - Lanco Hills, in Hyderabad. Cushman & Wakefield have won the mandate to exclusively market the first phase of around 3.8 million sq. ft. to begin with.

Lanco Hills located in Manikonda, Hyderabad - a specially demarcated ‘Knowledge Corridor’ by Government of Andhra Pradesh has distinctive SEZ and Non- SEZ areas within the same project. It is also one of the few projects in India, which has already received a gazette notification for its SEZ project from the Ministry of Commerce, Government of India. Lanco acquired the land of 100 acres for the Lanco Hill project from Andhra Pradesh Industrial Infrastructure Corporation through arduous international competitive bid.
Speaking on the appointment, Mr. L.Madhusudan Rao, Chairman, Lanco Group,, said “We plan to create a world class township with expansive IT space that redefines the dynamics of IT development across India and would not only cater to the burgeoning needs of the IT/ITeS sector but also provide an impetus to Hyderabad which is emerging into a prominent IT destination. We are confident that our partnership with Cushman & Wakefield will allow us to capitalize on opportunities and promote the value proposition of our project to the relevant audience.”

As the exclusive project marketers, Cushman & Wakefield in conjunction with Lanco’s marketing team, will help in positioning the product competitively in the marketplace, create pricing strategy through benchmark process, creating customized marketing strategies and tools, ongoing advice on value and demand on a dynamic basis and managing all the steps associated with the lease process.

Mr.S.Pochendar, Director & CEO, Lanco Hills Technology Park Pvt. Ltd., said “We were looking for a company that had International strength and strong national expertise in commercial real estate, an integrated service’s platform as well as outstanding tenant services. Cushman & Wakefield with their value added marketing Services were the ideal partner to meet our project marketing objectives.”

Mr. Ravi Ahuja, National Head, Project Marketing, Cushman & Wakefield India added “We are extremely pleased to be associated with the Lanco Hill project and the tremendous opportunity it offers in the Hyderabad market which continues to witness consistent growth in demand for commercial real estate.”
He further added, “Hyderabad with its proactive government, ability to draw talent from other locations and low cost of living, also continues to attract new companies, while observing expansion of the existing one’s and is expected to witness 60 % growth in demand by 2010. The potential of growth within the cities offers substantial development opportunity. The differentiating aspect will be the quality, services, scalability and flexibility catering to the required specifications of this growing sector.”

Lanco will offer a built up area of over 7.85 million sq. ft. over 12 towers divided equally amongst the SEZ and the non- SEZ areas. While SEZ area covers a built up area of 55, 23,653 sq.ft., the non-SEZ offers a built – up area of about 23,29,723 sq. ft. Each tower is designed to have its distinct Architectural identity with inbuilt amenities and business support services.

These uniquely contemporary workspace towers can accommodate 75,000 and offers 9143 car parks. Each building of Lanco Hills will be self sufficient with business support services like Restaurants, Business Centers, ATM and Computer shops and with recreational options like Dining Areas, Party Halls, Gymnasium, Yoga and Aerobics

[Babji]

Originally Posted by kaushik

Lanco appoints C&W as project marketing partners
http://www.moneycontrol.com/india/ne...artners/283399
Lanco Hills Technology Park (Pvt) Ltd. has appointed Cushman & Wakefield India as Exclusive Project Marketing partners for their prestigious SEZ / Non-SEZ project - Lanco Hills, in Hyderabad. Cushman & Wakefield have won the mandate to exclusively market the first phase of around 3.8 million sq. ft. to begin with...

Lanco will offer a built up area of over 7.85 million sq. ft. over 12 towers divided equally amongst the SEZ and the non- SEZ areas.
While SEZ area covers a built up area of 55, 23,653 sq.ft.,
the non-SEZ offers a built – up area of about 23,29,723 sq. ft.
Each tower is designed to have its distinct Architectural identity with inbuilt amenities and business support services.

These uniquely contemporary workspace towers can accommodate 75,000 and offers 9143 car parks. Each building of Lanco Hills will be self sufficient with business support services like Restaurants, Business Centers, ATM and Computer shops and with recreational options like Dining Areas, Party Halls, Gymnasium, Yoga and Aerobics

Good find @Kaushik. This seems to be the part of phase-I.
This would bring in some confidence into the buyers' minds.
C&W will work hard to prove their mettle and show some results.
The timing is great, as the ORR Phase-I and HIAL are getting ready (APR 2008)
Lanco has to compete with Aliens Space Station (already U/C) and sell more faster.
Lanco has to build and deliver faster. Hopefully, Lanco phase-I will materialize by 2010 as promised...
DEC 2010 would be an eventful time. HYd would see at least a dozen 20-30 storey skyscrappers...
just for a recap, here is the scope of the proposed project:

...a 90 storey tower + 16 x 30 storey towers (residential) + 12 x 20 storey towers (IT and ITES) + mega mall + 2 hotels (a five-star and a four-star one) ... would be completed within three years.

[Hindustani]

ok. does this means 90-F Lanco Signature Tower is Phase I or II? most probably II

[Jai]

More good news for Lanco Hills. Now Morgan Stanley is in on the deal, with a 1/4 stake in development. Also, it seems like the hotels will be run by Grand Hyatt and Holiday Inn.

Lanco bets on real estate projects

Raj Kumar Sahu

Monday, June 4, 2007 (New Delhi):

Lanco Infratech might be facing some problems in its Ultra Mega Power Plant projects but as far as its real estate business is concerned the company seems to be gearing up for some big projects.

Lanco Infratech has turned the heat on real estate sector. It is partnering with Morgan Stanley, which considers India's land assets as hot property.

Lanco Infratech based out of Hyderabad is using their local charm and the rush of business travelers. The company has tied up with Grand Hyatt and Holiday Inns to set up two big hotels.

"Morgan Stanley and Mantri Group have 26 per cent stake in Hyderabad project where the company is developing 80 lakh sq ft of residential area and another 80 lakh sq ft as an IT park," said G Venkatesh Babu, MD, Lanco Group.

All this comes at an investment of Rs 3,000 crore and the group is already making bold projections. The company is projected to realising a sale price of residential property at Rs 4,000 per square feet, significantly higher than the building cost for houses at Rs 1,300 per square feet.

So it is south Indian story for Lanco real estate plans, first Hyderabad and then it plans to expand to cities like Vizag and Chennai. The company is now moving fast to acquire and develop properties at least until when the mega Sasan power project finally kicks off.

[Nitro]

Good News. I hope Morgan Stanley start to make deeper in roads into the Indian real estate industry.

[thabo]

One question. When will hyderbad look like this?

[VaastuShastra]

Or like this lol:

[wcgokul]

hey ......that is my desktop background.........

[ab041937]

To be honest pic posted by Vaastu though very futuristic still looks very depressing & evil.

[harsh1802]

Originally Posted by VaastuShastra

Or like this lol:

Star wars aye,,,,,,,,,,,,

[ranga]

Originally Posted by thabo

One question. When will hyderbad look like this?

Requires an Alladin lamp to create in a jiffy.

[Hindustani]

SUN, Jai.................News that may be of your enormous interest. Lanco came out with new renderings which show lot more detail. I'll say hell with APIIC 100+ tower @ this point. They are yet to release a single rendering with u/c month of July just around the corner. Lets focus our energy on Lanco Hill. Man!! I feel this one will happen. The latest renderings are revealing more & more detail. on the last rendering, the middle oval shaped tower looks to be a carbon copy of re-worked raheja atlantis rendering in Bombay.

For more info, visit www.lancohills.com

[harry0707]

dude this rocks man!!!itz actually happenin!

[Cov Boy]

I doubted this project when I first came across it but now im in shock that this is happening!

This is great for the city.

Hope the artist impressions become reality.