Lanco Hills | Multiple Towers - Mixed Use | Under Construction

[Naga_Solidus]

Well, they still haven't released the final renders yet, to the best of my knowledge. I hope this project hasn't been killed off (esp since Lanco already owns the land)

[harsh1802]

Hmmm....into the second week of sept.now.......so any news on this project?

[Effer]

This is a excellent project for Hyderabad and it's bright future!

[Rajasv]

Guys/Gals this is my first post in here. I visited Lanco Hills area over the weekend and very impressed with the work going on there. They are laying the roads and cutting huge rocks and leveling parts of the hilly terrain.

http://www.wikimapia.org/#y=17415430...&z=15&l=23&m=a

here is the location map for Lanco Hills (lanco Village). The site is about 100 acres. You can see four lakes in this map. Lanco is right below the southern most lake. The rd between the lakes is the Old Bombay HWy connecting Mehdipatnam to Lingampalli via Gachibowli. Just click and drag your mouse to see the neighbouring areas.

[grimmm]

Sounds great. Thanks for the news Rajasv.
Hope they update their website and provide us with latest information.

Originally Posted by Rajasv

Guys/Gals this is my first post in here. I visited Lanco Hills area over the weekend and very impressed with the work going on there. They are laying the roads and cutting huge rocks and leveling parts of the hilly terrain.

http://www.wikimapia.org/#y=17415430...&z=15&l=23&m=a

here is the location map for Lanco Hills (lanco Village). The site is about 100 acres. You can see four lakes in this map. Lanco is right below the southern most lake. The rd between the lakes is the Old Bombay HWy connecting Mehdipatnam to Lingampalli via Gachibowli. Just click and drag your mouse to see the neighbouring areas.

[shockw4ve]

Awesome news Rajasv

So that means this project has already started?

Cant wait till it's finished

Now we need some u/c pics

[harsh1802]

Wow tht's grt news.....rajiv.

Thnks for the info. man.

[p.raghavendra6]

Thanx a lot for the info.
BTW, there are no "Gals" in this forum dear Rajasv

[Babji]

some of you might have already seen the Lanco Hills features.
for those who haven't, here are more details on Lanco Hills.

http://www.lancogroup.com/images/lan...nco%20hills%22

also, here is some (old) news from the developers:

URL: http://www.thehindu.com/2006/06/14/s...1404281800.htm

Lanco Group restructures

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... 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]

[Naga_Solidus]

Is this project u/c yet or not? Are those the final renders? They looks like the old ones, but at a higher resolution.

[Babji]

Lanco Infra IPO opens on Nov 6; price band at Rs 200-240
2006-10-30 17:05 Source : Moneycontrol.com

Lanco Infratech, an infrastructure development company with interests in power generation, construction and property development, is entering the capital market with an initial public offering, IPO of 4,44,72,381 equity shares of Rs 10 each for cash at a price to be decided through the 100% book-building process, as per press release.

The issue opens for subscription/bids on November 6, 2006 and closes on November 10, 2006. Price Band for the IPO is between Rs 200 and Rs 240 per equity share. Lanco Infratech proposes to reserve upto 5,00,000 equity shares for allotment to eligible employees of the company and its subsidiaries. Thus, the net offer to the public would be of 4,39,72,381 equity shares. The net issue would constitute 19.78% of the fully diluted post issue paid-up equity capital of the company.

Of the net offer to the public, at least 60% of the offering will be allocated to qualified institutional buyers on a proportionate basis, 5% of which will be available for allotment to mutual funds registered with the Securities and Exchange Board of India. Upto 10% of the offering will be available for allocation to non-institutional investors and up to 30% of the offering will be available for allocation to retail investors on a proportionate basis.

The company along with its subsidiaries and Lanco Kondapalli operates 518 MW of power plants. In addition the company is implementing various power projects aggregating to 3275 MW of power generating capacity in various geographies of India. The company has entered into a MoU with the Government of Orissa to set up a 2 x 660 MW power plant in the State of Orissa.

In the property development business, the company owns or has won bids to develop approximately 19.5 million square feet of saleable area, comprising of a 100 acre integrated IT park & township and a 21.8-acre residential development, both located in Hyderabad. In addition the company has won a bid to develop an IT Park and township on a 10.7 acre plot on which it proposes to develop 2 mn sq ft of saleable area, in Visakhapatnam in the State of Andhra Pradesh.

The part of the Issue proceeds are to be deployed to capitalize the company's subsidiaries which are at various stages of development, for subscribing to the equity of the Nagarjuna Power Project, payment for acquisition of 13.3% equity stake in Aban Power and payments to Globeleq for the acquisition of its 25.1% equity stake in Lanco Kondapalli.

The shares will be listed on the Bombay Stock Exchange and the National Stock Exchange.

The Book Running Lead Managers to the offering are JM Morgan Stanley, Enam Financial Consultants, ICICI Securities and Kotak Mahindra Capital Company.

does it mean, we could expect some development activity at the Lanco Hill project?

[Naga_Solidus]

We sure can. I hope the ORR controversy (and the expected delays) won't compromise the township's accessibility though.

[Hindustani]

at this time. Only God knows what will happen with this ambitious project.

Originally Posted by Babji

[B][COLOR="Blue"]
does it mean, we could expect some development activity at the Lanco Hill project?

[Babji]

http://www.deccan.com/City/CityNews.asp#top
Blast snaps power cables

Hyderabad, Nov. 4: A high tension electricity tower collapsed following a series of detonations conducted at a plot belonging to the Lanco Group at Khajaguda village on Saturday. The collapse disrupted power supply in Jubilee hills, Tolichowki Gachibowli and Chandrayanagutta. However, APTransco restored the supply within an hour. The tower collapsed on nearby houses damaging them.

...According to APTransco the 132 kv electricity tower feeds power to Chandrayanagutta and Gachibowli substations and they had made the alternative arrangements.

[Naga_Solidus]

If they're using explosives to make holss for the foundations, they must be laying 'em quite deep in the ground (esp since Hyd has extremely hard rocks), and thus, the original plan with a supertall in the middle may be going through as planned.

[harry0707]

Perhaps a reflection of the times and skyrocketing real estate prices but builders in Hyderabad are out to turn the city of the four-minars into one of skyscrapers.



The most ambitious is a proposal for a 110-storied residential 'Signature Tower' by the Lanco Group at its Lanco Hills project. Competing closely is APIIC with plans for a 60 storied trade tower at Manchirevula village.
The dash for high rise structures is so intense that at least 75 of them are slated to sprout in the city over the next 18-24 months all within a radius of 10-12 kilometres of the technolopolis of Cyberabad. The competition is on to build the tallest building in the country with corporates and even government agencies racing to be the first to do it. The most ambitious is a proposal for a 110-storied residential 'Signature Tower' by the Lanco Group at its Lanco Hills project.

The company will also build 24 smaller towers of 25-30 floors each within the same gated community a total cost of Rs 4000 crore.

Competing closely is the AP Infrastructure Corporation (APIIC), the state nodal agency for infrastructure projects, with plans for a 60 storied trade tower at the proposed business district at Manchirevula village near Hyderabad. "The objective is to give Hyderabad the equivalent of the Petronas towers and we could even increase the floors to 90," said a senior official.

Spread over 97 acres the project could cost anywhere up to Rs 10,000 crore and taken up on the PPP model with a private partner who will be identified from a shortlist of 10 later this month, he added. Another 60 storied dream is the one by GS Realtors for a commercial high rise with star hotels and entertainment zones within.

This apart ICICI Bank, according to APIIC officials, is planning to take up the construction of two towers of about 30 floors each at an investment of between Rs 1500-2000 crore in the existing Financial District. Meanwhile TSI Ventures, a JV between ICICI Ventures and multinational realty developer Tishman Speyer, will set up an IT SEZ of two towers of between 25-30 floors each close to the Hi-Tech City.

"It is not a surprise that builders are pitching for highrise structures. Apart from making the most scarce land, they can also consume more FSI", says the APIIC official.

The government has in fact demarcated a huge chunk of area close to the proposed outer ring road (ORR), as a skyscraper zone.

http://www.cyberabadtimes.net/2006/11/touch-sky.asp

[Hindustani]

Interesting developments

"Lanco Signature Tower" goes from 90F --> 110F.
APIIC 2x60F Twin Towers --> 90F single tower potentially.
New GS Realtor 60F Tower + 5 Star hotel + entertainment center.
New ICICI 2x30F Twin Towers

BUT

WHERE ARE THE RENDERINGS???

Out of these proposed or overhyped super tall towers in Hyd, we have never ever seen the final renderings of any which makes you think if these news agencies are a farce. The only super tall tower rendering we have seen & is NOIDA TOWER which had a proper launch atleast from the architect & engineering point-of-view.

[Babji]

Originally Posted by Hindustani

... Out of these proposed or overhyped super tall towers in Hyd, we have never ever seen the final renderings of any which makes you think if these news agencies are a farce. The only super tall tower rendering we have seen & is NOIDA TOWER which had a proper launch atleast from the architect & engineering point-of-view.

ur right. perhaps the Noida Tower would hold the record for a long time!

Noida Tower
2005-04-10 News: Noida plans 710 m tower
Noida: Noida, a city east of New Delhi, has selected architect Hafeez Contractor's proposal of a 710 m, 135 storey tower in its city centre. The project, if approved by all relevant agencies, has the potential to become one of the world's tallest structures.

[harsh1802]

I don't know if the Noida tower is gonna materialize or not.....even then the design looks awful to say the least......