Lanco Hills | Multiple Towers - Mixed Use | Under Construction

[nik]

Hyd

Junta, dont count the floors and split hair it has appeared in the news. Just sit back and enzoyyy

[Cov Boy]

What I mean Harsh1802 is this mega project is great but I think many people are being over looked esp. the lower classes who end up living in slums. Not many development you hear that cater for the lower classes. The people who end up living in these development are the middle and upper middle class as well the very rich. I can see this development will have huts and slums next too it, perhaps im wrong but wont be suprised.

[spyguy]

This is part of an email reply I received:

We are comming up
with a 90 story building which will be the tallest in India for
residential. We will be positioning this signature tower in the premium
segment.

Also said floor plans and such would be ready in ~ the middle of July. I'm not sure if he meant plans for the 90 story or the other towers though.

[Naga_Solidus]

who sent the email? If it was, in fact, Lanco, then that's yet another positive sign here.

[spyguy]

Yes, Lanco.

[Suncity]

Lanco Group restructures
Forms 14 special purpose vehicles
Bags power project in U.P.
http://www.hindu.com/2006/06/14/stor...1404281800.htm

VIJAYAWADA: The Hyderabad-based Lanco Group has restructured its operations and hopes to complete the process by month-end with Lanco Infratech Limited becoming its flagship holding company. The new company — Lanco Infratech Limited — will have 14 Special Purpose Vehicles (SPV), according to the Rs. 2,200-crore Lanco Group Chairman, L. Madhusudhan Rao.

Speaking to journalists from Hyderabad on Saturday after a visit to the 368 MW gas-based Lanco Kondapalli power plant near here, Mr. Rao said, PricewaterhouseCooper, Morgan Stanley and a leading legal firm were assisting the Lanco Group in restructuring its activities.

The different SPV's were now taking care of the ongoing projects in power, construction, manufacturing and information technology sectors. He said the Lanco Group had so far promoted seven independent power projects, of which five — Lanco Kondapalli, Rithwik Energy Systems Limited, Clarion Power Corporation Limited, Lanco Infratech Limited, ABAN Power Company Limited — with 509 MW capacity were operational.

Two more projects — Lanco Amarkantak and Hydro Power companies — with a capacity of 2,000 MW were in the process of being established. It has acquired 74 per cent stake in Nagarjuna Power, based at Mangalore, Karnataka. He exuded confidence that by 2010, the company would have 4,500 MW capacity.

Lanco has bagged a power project at Anpara in Uttar Pradesh and was bidding for two more mega power projects of 4,000 MW capacity each at Sasan in Madhya Pradesh and Mundhra in Gujarat. "We will rope in strategic partners to bid for the ultra-mega projects," Mr. Rao said. While the Lanco Kondapalli project was now facing shortage of gas supply, the company is in talks with Reliance, British Gas Company and Gujarat Petroleum Corporation, which have reserves in the Krishna Godavari basin, to provide dedicated supply. Lanco Kondapalli has capacity to add another 740 MW. A decision on the expansion would be taken once gas supplies get firmed up.

Referring to diversification into the construction sector, Mr. Rao said an integrated township, Lanco Hills, spread across 100 acres providing space for offices, residential, retail and commercial activities was coming up in Hyderabad. "It is one of the largest mixed developments in India at over 18 million sq. ft. Another feature at Lanco Hills will be its 90-level residential tower, the tallest in India".

The Lanco Group entered the information technology business through Lanco Global Systems Limited to provide complete IT solutions.

[Hindustani]

Why could 90 floor Super Tower & the whole complex could actually be a reality by 2009?

The only way I see it is Hyd's 8-lane ORR Expressway is the only one-of-its-kind in a 1 billion+ Pop country. Now add New Greenfield Airport that could actually be expanded to 40 million passanger carrying capacity. Now add Ultra modern Metro Rail. We need to think how much money is being invested & its easily in billions. So land value in Hyd (knowing the rocky terrain) makes it that much valuble. The only way is to go vertical & I can see this 90 Floor Tower become a reality by '09. Hell. I would not be surprise Hyd to be the 1st city in India to announce 100+ Story Tower & actually built it as far as it comes in Skyscraper Zone well out of the metro area along the ORR. Its highly possible

Why could 90 floor Super Tower & the whole complex could never come up?

Good example is Obelisk. If Hyd cannot aim for 60 floor tower How can they built 90 story. If NOIDA Tower is getting no where, this has the same fate. All valid points but Obelisk was planned inside the Hyd metropolitan area where the roads are already chocked. NOIDA Tower is planned before NOIDA authorities ever created an Skyscraper Zone. Both are shelved and rightfully so.

[harsh1802]

Originally Posted by Cov Boy

What I mean Harsh1802 is this mega project is great but I think many people are being over looked esp. the lower classes who end up living in slums. Not many development you hear that cater for the lower classes. The people who end up living in these development are the middle and upper middle class as well the very rich. I can see this development will have huts and slums next too it, perhaps im wrong but wont be suprised.

My friend, u re confusing social development with infrastructure development. And this particular project is a private sector one.

When the government comes up with infrastructure, it does so to cater to all classes of the society. They just don't build roads for middle class or the rich to travel on.

All these projects in a way help the poor, they get the oppurtuinity to work which is in correspondence with their skills. It's upto them to see to tht their future generations don't end up like them and climb up the ladder of the free society. The government is providing all the avenues tht they cld use for this.

[adheet]

Hope this project is really implemented and becomes a pioneer for similar high rise projects all over India.

It is only a matter of time before the business case for high rises make them essential in India. The massive office and residential space generated can easily be consumed by our current and future demand. I know that a lot of infrastructure will have to be put in place to support such high rises. But the cost of this infrastructure would not be greater than the required infrastructure to support a similar amount of built-up area over a larger ground area through multiple large low rises.

Some day, we will have start making more optimum use of our ground area in our large cities.

[pding]

i'm really surprised that Lanco is so positive and confident about the 90 storey tower. i think every other part of the project will def get built. but 90 storey tower will have to get through all the licenses required from the various departments.

[Cov Boy]

Thanks Harsh1802 and apologies. Yes your right its a private sector development which I overlooked and I suppose it will benefit all people whether dircetly or indirectly for the people living in Hyderabad. The project is very impressive and I welcome it.

I always thought that Mumbai would have the tallest building but go Hyderabad!

[collateral]

Spy Guy it looks like you beat me to it, i also sent an email, this is what he sent back (im Mr Kataria btw):

Dear Mr. Kataria,

We are getting the clearences for the Skyscrapers. In principle it has
been agreed upon by the govt. The land was awarded to us by a bid floated
by the Govt. of Andhra Pradesh for development purposes. There will be 20
blocks of residential Apartments with heights ranging from 20 to 30
floors. One block will be 90 story high and will be targeted at the
premium segment. Apart from Residential the project houses 2m sft Shopping
Mall with 12 screen multiplex, 7m sft of IT park, 1 5/3 star hotels and
service Apartments.

The designs and commercils are in the final stages of completion and we
will be getting back to you by 2nd week of July. We have updated our data
base with your mail ID for future correspondence .

Regards

D.V.Prasad
Vice President - Marketing.

> Hi
>
> Having paid close attention to your press releases I must say that I am
> very
> impressed with the quality of the Lanco Hills project. I am an NRI looking
> to invest in commercial and residential property in India, and would like
> to
> know more about the details of this project.
>
> P.S. Is this development coming up in the 'Skyscraper-zone' proposed by
> the
> A.P. govt.
>
> I will look forward to hearing from you.
>
> Mr Kataria
>
>
>

[collateral]

As he says the designs are in the 'final stages of completion', not completed. Therefore dont get too worried about the fact the renders are not 100% accurate

[sudheeshnairs]

Originally Posted by harsh1802

All these projects in a way help the poor, they get the oppurtuinity to work which is in correspondence with their skills. It's upto them to see to tht their future generations don't end up like them and climb up the ladder of the free society. The government is providing all the avenues tht they cld use for this.

Very much valid point

[Naga_Solidus]

Originally Posted by collateral

Spy Guy it looks like you beat me to it, i also sent an email, this is what he sent back (im Mr Kataria btw):

Dear Mr. Kataria,

We are getting the clearences for the Skyscrapers. In principle it has
been agreed upon by the govt. The land was awarded to us by a bid floated
by the Govt. of Andhra Pradesh for development purposes. There will be 20
blocks of residential Apartments with heights ranging from 20 to 30
floors. One block will be 90 story high and will be targeted at the
premium segment. Apart from Residential the project houses 2m sft Shopping
Mall with 12 screen multiplex, 7m sft of IT park, 1 5/3 star hotels and
service Apartments.

The designs and commercils are in the final stages of completion and we
will be getting back to you by 2nd week of July. We have updated our data
base with your mail ID for future correspondence .

Regards

D.V.Prasad
Vice President - Marketing.

> Hi
>
> Having paid close attention to your press releases I must say that I am
> very
> impressed with the quality of the Lanco Hills project. I am an NRI looking
> to invest in commercial and residential property in India, and would like
> to
> know more about the details of this project.
>
> P.S. Is this development coming up in the 'Skyscraper-zone' proposed by
> the
> A.P. govt.
>
> I will look forward to hearing from you.
>
> Mr Kataria
>
>
>

If they've already gotten the land and whatnot, then the chances of this happening are pretty high! Any idea when they will start construction?

[Cov Boy]

Yeah lets wait until is gets approval as this all might be anti-climatic!!

[collateral]

Originally Posted by Naga_Solidus

If they've already gotten the land and whatnot, then the chances of this happening are pretty high! Any idea when they will start construction?

Mate, this thing will happen. We are so used to being let down when it comes to grand projects like this in india, so i cant blame some people for feeling pessimistic.

He said he'll get back to me in mid-July, hopefully i can keep talking to him so i can get more info. By the looks of things if they are looking to unveal it in August, i guess they'd start construction in winter

[ubermeow]

Originally Posted by Cov Boy

Lets also include the lower classes as well in these projects and not just the middle classes and that slums are got rid off at the same time as these hugh developments.

A skyscraper built to be a showcase-symbol can never be for the lower classes! A showcase has it's own place, and so does the obligation to lookout for the poorer sections of the society. One should not blend these mutually exclusive and equally important goals.

[Naga_Solidus]

They aren't mutually exclusive, for the unstruction of signature towers/mega townships/etc. requre manual labor...thus the lower classes benefit from the increased job oppertunities.

[Hindustani]

Ok. That Email from Lanco Group sounds optimistic. I'd like to see how that 90 story signature tower will clear every hurdle. Auguest is a judgement month for Lanco Hills.