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Old February 20th, 2012, 07:15 AM   #1421
hyderabadi27
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http://www.hdfcred.com/properties-in...co-hills/p-922

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LANCO HILLS Rs. 32.2 Lacs to 2 Cr

Builder Name : Lanco Group
Location : Manikonda, Rajendranagar Mandal
Expected Possession By : Ready for Possession
No. of Units :1700
Classification
2 BHK 1005 Sqft 32.2 Lacs to 40 Lacs
3 BHK 1116 Sqft 35.7 Lacs to 50 Lacs
3 BHK 1172 Sqft 37.5 Lacs to 52 Lacs
3 BHK 1197 Sqft 38.3 Lacs to 55 Lacs
3 BHK 1467 Sqft 46.9 Lacs to 60 Lacs
3 BHK 1900 Sqft 66.5 Lacs to 90 Lacs
3 BHK 2500 Sqft 87.5 Lacs to 90 Lacs
4 BHK 3100 Sqft 1.09 Cr to 1.3 Cr
4 BHK 4300 Sqft 1.51 Cr to 2 Cr
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Old February 22nd, 2012, 08:55 AM   #1422
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Alrite guys, guess its official, the Signature tower may stand scrapped at the moment !
Source:

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Infrastructure cos NCC, Lanco, IVRCL, Punj Lloyd and others plan to raise cash by exiting non-core business:
Sobia Khan & CR Sukumar, ET Bureau Feb 18, 2012, 04.36AM IST

BANGALORE/HYDERABAD: With the real estate market showing signs of stabilising after months, listed firms having real estate as a non-core business have begun to accelerate their exit from the sector.
Lanco Infratech, which planned to aggressively expand into various states with integrated township projects on the lines of Lanco Hills in Hyderabad, has decided against it and dropped its realty business plans owing to unfavorable real estate markets.

The company has pruned down its business plan to 4 million sq ft at Lanco Hills involving Rs 2,200 crore of capital outlay from the originally envisaged 8-million sq ft requiring Rs 5,000 crore of investment.

"We have already completed 2.7 million sq ft of the project and waiting for the markets to revive to complete the balance 1.3 million sq ft. While demand from residential sector is yet to pick up, the demand from the commercial sector has been growing significantly. We are currently talking to certain leading Information Technology players to sell them bulk of the balance project," says a senior official from Lanco.
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Old February 22nd, 2012, 04:27 PM   #1423
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Well, that sucks. The Design was simple yet gorgeous. Atleast hope the APIIC Tower gets built. We need at least 1 supertall in AP.
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Old February 22nd, 2012, 06:30 PM   #1424
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Originally Posted by kailash9999 View Post
Alrite guys, guess its official, the Signature tower may stand scrapped at the moment !
Source:
That pretty much sums it up now. I just wish that last three years didn't happen to Hyderabad. This project is pretty much scrapped for now. I am still keeping faith in APIIC tower though. Even this depends on whether state gets bifurcated or not.
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Old March 6th, 2012, 02:19 PM   #1425
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New Construction Updates as on "February 18th" :

https://picasaweb.google.com/106795321041382039874/ProgressLancohillsOnFebruary182012
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Old March 6th, 2012, 02:21 PM   #1426
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Signature Tower consists of:
112 floor Residential tower
Designed by Atkins (approx. 300 flats)
Club House within the tower
Height 604 meters

The plan for signature tower is intact and we will definitely come up with but the present market condition is still not giving that confidence to take up such a huge residential venture. It can get a kick start any moment, when the market earns a capacity to consume.

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Old March 6th, 2012, 02:22 PM   #1427
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Smile

I hope the construction starts sooooooooooooooooonnnnnnnnnnnnnnn!
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Old March 6th, 2012, 03:28 PM   #1428
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I get that message from Lanco for the past two years. Trust me, it's not happening anytime soon. They are just bullshitting around and now I'm just too frustrated.
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Old March 6th, 2012, 04:28 PM   #1429
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Originally Posted by dunefreezer View Post
I get that message from Lanco for the past two years. Trust me, it's not happening anytime soon. They are just bullshitting around and now I'm just too frustrated.
It's highly unlikely this will be constructed now looking at the article kailash posted....Would be cool if it did!
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Old March 16th, 2012, 12:38 PM   #1430
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Taken with my cellphone today

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Old March 16th, 2012, 12:39 PM   #1431
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Old March 16th, 2012, 12:40 PM   #1432
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Old March 16th, 2012, 12:41 PM   #1433
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Old March 16th, 2012, 12:42 PM   #1434
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Old March 16th, 2012, 01:30 PM   #1435
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taken from golkonda pic not clear
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Old March 17th, 2012, 01:09 AM   #1436
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Old March 17th, 2012, 01:20 AM   #1437
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Check out these videos: http://vimeo.com/38511502
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Old March 17th, 2012, 05:29 AM   #1438
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Quote:
Originally Posted by Gudavalli View Post
Drive way to the basement looks too narrow with a steep left turn.
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Old March 18th, 2012, 10:04 PM   #1439
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Old March 18th, 2012, 11:46 PM   #1440
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Lanco Hills looks very nice. Thanks for posting the pis @Gudavalli.
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