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Hyderabad -- Future CBD -- news and discussions

68309 Views 115 Replies 25 Participants Last post by  vin_hyd
With Hyderabad formally announcing its plans for a skyscraper-laden central business district, joining Mumbai, greater Delhi and Ahmedabad, I feel a seperate thread is needed specifically for this subject in parallel with the general Hyderabad projects thread, to highlight and popularize information about these plans.

Please feel free to cross-post future relevant material and news about this project from other Hyderabad threads into this one.

Eyeing international class
B Dasarath Reddy / New Delhi June 23, 2006
Hyderabad would like to have a downtown concept to meet the future requirements of business.

Hyderabad is eager to graduate to an international city. With projects like a big international airport and the 162-km outer ring road (ORR) envisaging a growth corridor covering approximately 80,000-acre area around the state capital under execution, the city’s ambitions are growing by the day.

Fuelling this growth are the booming IT sector, and scores of special economic zones proposed for industries ranging from semiconductor to gems and jewellery.

Now, Hyderabad, considered as the future aviation hub, proposes to have a Business District as well on the lines of those in the West or Dubai or Taiwan.

Imagine a 60 to 100-storied skyscraper coming up in the proposed Business District, which would put the city next only to Mumbai in the country where Shapoorjee Pallonjee is constructing similar trade towers. A big leap indeed in the development of Hyderabad as a business hub.

Says B P Acharya, vice-chairman and managing director of the state-owned Andhra Pradesh Industrial Infrastructure Corporation (APIIC), which has been appointed by the state government to develop the Business District.

“Hyderabad is growing into an international city and we would also like to have a downtown concept to meet the future requirements of business here. With land becoming scarce, we naturally plan to grow vertical.”

The government has earmarked 97 acres of land at Manchirevula, eight km from the Hitec City, to develop an integrated Business District.

It will have a couple of trade towers coming up in half of the area while the other half has been earmarked for hotels and other amenities. Authorities are not willing to call them twin towers in the wake of 9/11 tragedy.

“One tall tower with more than 60 levels will be accompanied by one or more smaller towers. The exact plan is still to be worked out,”
a senior official of APIIC, who is handling the project told Business Standard.

The authorities have asked the ORR officials to provide an exclusive access for Business District to the eight-lane ORR that passes through the project location. A big road connecting the Hitec City and the Business District is also under planning stage.

“We want to make Business District as a ‘must have’ address for every big company like Hitec City is for software companies. We hope that 12-15 international airlines and all the big names in the corporate world, which will have a presence in the state, locate their offices there,” an APIIC official said.

As for the political leadership of the government, it wants to create bigger and better landmarks for the city which would dwarf the previous landmarks like Hitec City and Cyber Towers created during the tenure of N Chandrababu Naidu.

The project, which would be executed in public-private partnership with APIIC holding an 11 per cent equity, has received a very good response from the who’s who in the construction and real estate world.

Mantri Developers, in consortium with Mauritius Holdings and Abhishek Developers, a subsidiary of Mantri Group, Prestige and Reliance Ports & Terminals, Tishmen Speyer, in consortium with Indian Master Fund, ICICI & NCC, Vornado Realty Trust, TCG Urban Infrastructure Holdings, Elbit Medical Imaging, Gamuda Berhad, Larsen & Toubro, Emaar Properties, Reliance Energy & Shobha Developers, and India Bulls & Shapoorjee Pallonjee are in the fray for developing the project.

They are likely to be shortlisted for the bidding process. The project cost is estimated to be anywhere between Rs 1,000 crore and Rs 1,500 crore.

Bidding is expected to be based on revenue sharing, where each of these consortia will have to quote the percentage of revenue on gross revenues willing to part with APIIC.

“Besides holding an equity, APIIC will also get a share in profits from the developer,” an official said, adding that money received by the developer from marketing the space would be kept in an escrow account till the construction of trade towers are fully complete.

The tallest trade tower is expected to have a minimum built-up area of 2 million square feet.

“We have called for some additional information from the companies giving them time by this month end. We hope to complete the shortlisting of companies by July. The entire bidding process is expected to be completed by December 2006,” Acharya told Business Standard.

Though the project is expected to be completed within 18 to 24 months, a fully developed business district would take a little longer owing to the size and operations proposed in the project
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More news:
State to get its own twin towers soon
K V Ramana
[ Wednesday, June 07, 2006 01:46:01 amTIMES NEWS NETWORK ]

HYDERABAD: Kuala Lumpur has its Petronas Tower and Chicago its Sears. Now, the government intends to put Andhra Pradesh on the world's skyscraper map.

Plans are afoot to build two 60-floor towers at Manchirevula in Rajendranagar mandal on about 100 acres, which is expected to house corporates.

Though much shorter than the world's tallest buildings — Taiwan's Taipei 101 (101 floors, 1,670 ft), Petronas Tower (88 floors, 1,483 ft) and Sears Tower (110 floors, 1,450 ft — the proposed twin buildings with 60 floors would be the tallest in the state.

Over 20 companies have responded to Andhra Pradesh Industrial and Investment Corporation's (APIIC) tender calling for bids. Most of the bidders are real estate and construction majors with global exposure and includes the Anil Dhirubhai Ambani Group and Emaar.

"Both these companies are participating jointly with their partners," an official source said. The twin-tower project is part of the government's broader plan to develop the surroundings of the upcoming international Shamshabad airport with facilities to suit the requirements of corporate houses.

The focus is to project Hyderabad as a hi-tech city on the move. "We need to focus on building structures in the vicinity of airport because of the spin-off effects. The international airport is expected to bring in millions of foreign tourists and visitors and we want everyone of them to see the skyscrapers," a high-level source said.

Apart from the multi-storied structure, the 100-acre campus would also have facilities for recreation and shopping. "It's going to be a business district and all other existing structures like the Hi-Tec City would fade away once it comes up," he said.
No problem Babji :)

Anyway, more news on the Hotel Zone of the CBD.

Exclusive hotel zone planned
M. L. Melly Maitreyi

HUDA to develop an area of 150 acres for five or six projects

# Chunks of land measuring 15 acres to 25 acres will be earmarked
# Decision taken in view of layout's proximity to international airport
# Plots in the layout, 2 km from the airport, to be allotted through auction

HYDERABAD: The Hyderabad Urban Development Authority has decided to develop an exclusive hotel zone in its layout near Shamshabad International Airport.

Though HUDA originally proposed the 150-acre land as a residential layout under the Sites and Service scheme, in view of its proximity to the international airport, it was now considered ideal for a group of star hotels, according to Chairman D. Sudheer Reddy.

As in Mumbai, where prestigious hotels were located closer to international airport, big chunks of land measuring 15 acres to 25 acres would be earmarked for five to six hotel projects. The plots in the layout, just 2 km away from the international airport, would be allotted through auction and Request for Proposal would be invited after firming up the proposal, he said.

Land handed over

Meanwhile, the State Government on Wednesday handed over about 75 acres in Kokapet abutting Outer Ring Road to HUDA for development. The request of HUDA for the land falling under Survey No. 109 to develop it into an exclusive Development Zone had been pending with the Government. Plots of five acres each in the land closer to the business district would be earmarked for planned development and allotted for corporate projects and high-rise residential complexes to attract investment from overseas. HUDA discussed the proposal in its Board meeting on Wednesday, Mr. Sudheer Reddy said.

Relocating SEZ

Another significant decision was to relocate the proposed IT Special Economic Zone from Poppalguda to Kokapet. Of 450 acres in Kokapet already with HUDA, 100 acres would be allotted to SEZ. The decision to take SEZ was taken in view of major part of land in Poppalguda falling under heritage zone.

With nearly half of 100 acres of Poppalguda land falling under heritage zone, only remaining part would be developed. The HUDA officials surveyed the land on Thursday.

The Board also decided to develop 200 acres in Budvel closer to Himayatsagar as per bio-conservation norms to attract NRIs. The township to be developed in PPP mode would only have villas and environment friendly features like exclusive STP.

Other projects

With the proposal on Dubai Internet city as a joint venture between IT and HUDA in about 600 acres in Koheda also under active consideration, HUDA projects would soon take shape in Tellapur for which Expression of Interest was already invited besides Budvel, Jawaharnagar, Kokapet and Shamshabad.
CBD "Towers" @ Manchirevula - Some interesting features:

...The government has earmarked 97 acres of land at Manchirevula
...One tall tower with more than 60 levels will be accompanied by one or more smaller towers.

... Gamuda Berhad, Larsen & Toubro, Emaar Properties, Reliance Energy & Shobha Developers, and India Bulls & Shapoorjee Pallonjee are in the fray for developing the project.

...The project cost is estimated to be anywhere between Rs 1,000 crore and Rs 1,500 crore.
... shortlisting of companies by July.
... bidding process is expected to be completed by December 2006
... the project is expected to be completed within 18 to 24 months

APIIC plans 60-storeyed structure near Hyderabad

HYDERABAD: It's going to be the signature building of Hyderabad and perhaps the tallest structure in the country -- a 60-storeyed trade tower that will house corporates, star hotels and even entertainment theatres.

The Government has earmarked a 97-acre site to the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for the proposed trade tower to be constructed at Manchirevula near Narsingi, in the Business District. According to APIIC Chairman A. Rambabu, who recently led a three-member corporation team to Kuala Lumpur, Malaysia, to study the famed `Petronas Towers' there, the modalities of the project were being worked out. After the initial expression of interest, global tenders were expected to be called in in a couple of months.

He said the Government was keen to have the tower completed in a couple of years by the time the Hyderabad International Airport at Shamshabad and the elevated expressway corridor would be ready.

The tower could either be a joint venture or with the APIIC as an equity partner, the modalities of which were yet to be worked out with consultants. He said a consultant, Fortune Capitals had been mandated to work out the plan. The APIIC was keen to start the work at the earliest in the next fiscal.

With regard to choice of the developer, the Government was prepared also to consider the Swiss challenge approach. "We will naturally give preference to those having experience in this kind of work," Mr. Rambabu observed.

Dubai visit

The APIIC officials are also planning to visit Dubai to study similar towers being developed by the Emmar Group. The Government had allotted 500 acres to the corporation at Raidurg for developing an IT park. It was proposed to divide the area into eight plots and offer them to developers, he said.
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Grt news.

And grt initiative Jai.
Jai....................good innitiative. Interesting thing is so many 60+ floor towers have been planned in Hyd. But so far absolutely no rendering. The only rendering of a Hyd 60 floor tower we have is of obelisk by Hafeez Contractor but I guess that'll never get built. I'm particularly interested about the 60 stories twin towers by A.P. Govn't & YSR wants it to be completed and ready by 2008 so that it can be opened along with elevated expressway flyover and Hyd Airport but so far no rendering anywhere on the net.
magestom said:
Now what about the 90 storey tower?
magestom......................I guess we need to wait till August when Lanco Group will release their final renderings of Lanco Hills project according to them. :)
It looks like the plan will be for an 80-storey tower as well as the 60-storey twin towers. The development is planned by AP Industrial Infrastructure Corporation (APIIC), so it could be an either-or proposal.

Thanks to Hindustani for originally posting the news

Land prices skyrocket around Hyderabad
Syed Amin Jafri, Hyderabad | July 21, 2006 16:53 IST

The land prices around Hyderabad are skyrocketing once again, as the Hyderabad Urban Development Authority hit a jackpot by auctioning 69 acres of land on the outskirts for a whopping Rs 703 crore (Rs 7.03 billion).


Golden Mile layout is located in the fast-developing western part of Hyderabad abutting the Rs 4,000-crore (Rs 40 billion) outer ring road project near Gachi Bowli, the knowledge corridor and Financial District of Hyderabad.

Within a 3-km radius are some of the world's leading institutions such as the Indian School of Business and International Institute of Information Technology and IT majors such as Microsoft, Infosys, Wipro and Polaris.

The financial district boasts of having Kanbay, UBS, Franklin Templeton and other majors. The proposed 60-story twin towers at Manchirevulu will be in the vicinity of Golden Mile. The new international airport at Shamshabad is just a 15 minutes' drive. A super deluxe seven-star resort and spa is also coming up close by.


In two years' time, the bidders would start construction activity with a total outlay of Rs 2,000 crore (Rs 20 billion) and generate employment to thousands of people.

In the next 3 to 5 years, Golden Mile would have world-class facilities overtaking Jubilee Hills, Banjara Hills, Madhapur and Gachi Bowli.
Tenders have already been floated for development of layout. In 4 to 6 months, roads and drainage network will be laid.

AP to construct largest commercial complex
Thursday, 16 March , 2006, 11:53

In a bid to woo the international traders to set up their firm and attract more foreign investments, the State Government has decided to construct 80- storey commercial complex here, the largest ever in the country.

The Government has already alloted 100 acres of land to the AP Industrial Infrastructure Corporation (APIIC) at Manchirevu village located on the outskirts of the city, named as 'commercial district', where the biggest complex would be erected to promote the city as international hub for trade.

A high-level delegation of APIIC has already visited the world's largest 'Patronas towers' in Malaysia and studied its business activities, it would also visit 'Siyers Towers'of Chicago. APIIC Chairman A Rambabu told newspersons that the Government was discussing the proiect with varions Consultancies for technical assistance.

He said Capital Fortunes consultancy was working on the project to evolve preliminary plans for the complex and added that it would submit its report in three months.

The Government would invite global tenders for the project and the construction plan would be finalised in a year, he added.
I wish they would also plan for an MRTS route connecting Kothi- MRTS junction, the Lanco Hills, Manchirevula CBD and the HIAL.

Or, the Sec-bad - Falknuma line could be extended to HIAL in one direction and to Manchirevula and Lanco Hills on the other direction with a junction in Rajendranager or some place in between. :)
Update on the situation at Manchirevula CBD, from the guys in the Hyderabad Thread:

The Asian Age Print Edition (27 Sep, 06); Deccan Chronicle Webedition (26 Sep, 06) [Google Cache] reports the following press release from APIIC:
State close to finalising partner for ‘iconic tower’

Hyderabad, Sept. 26: The Andhra Pradesh Industrial Infrastructure Corporation expects to finalise its partner for the construction of an ambitious 120-storey “iconic tower” in a new “business district” in Hyderabad in the next few weeks, Mr B.P. Acharya, vice-chairman and managing director of APIIC, said on Tuesday. The “business district” is being developed as a “prestigious address” for companies from India and abroad, and would have, apart from the “iconic tower”, about 30 smaller office blocks, Mr Acharya said at the 32th anniversary celebrations of the APIIC.

“We have shortlisted about 10 companies, and we expect to finalise our partner for the development of the business district in the next month, he said. “The plan is to build an office block, which will be an iconic tower, that will be higher than Dubai’s Burj Al Arab tower,” he said. The Burj Al-Arab, which is to be opened in 2008, is expected to top 1,600 feet. APICC had received preliminary clearance from building and fire authorities for building the office block, he said.

Mr Acharya said APIIC had launched a Rs 50-crore “Environmental Management Fund”, in association with GTZ, a German government agency, to design and implement environmentally-friendly processes. He said APIIC expected to close 2006-07 with revenues of Rs 1,000 crores.

The government-owned APIIC posted revenues of Rs 442 crore in 2005-06, up from the Rs 118 crore in the previous year, major industries minister J. Geeta Reddy said. She said Andhra Pradesh had received an investment of Rs 8,000 crore in the last two years, and projects worth Rs 22,000 crore were in the pipeline.

What does this mean?
The APIIC, in thier Manchirevulu CBD, have revised upwards thier plans. Before they only talked of 60-storey twin towers being the centerpiece of the CBD.

Perhaps because of the various 60+ storey towers recently approved and planned in Mumbai, the APIIC, in thier bid to make the Hyderabad CBD India's hottest commercial development had to up the ante. They now are using for the first time the phrase "iconic tower" to describe thier plans. This "iconic tower" is to be over 120 stories in height.

However, it must be remembered that the Ashok Towers in Mumbai was widely and repeatedly reported to be over 140 stories in height initially, though only when the renderings came out was it realized it consisted of a 50 storey and a three 30 storey towers. It is very much worth noting that twin towers of 60 storeys likewise 'equals' 120 storeys, and that Burj Al Arab, referenced in that article, is only 60 storeys in height.

What's good, however, is that APIIC developers visited various supertower sites in the world, and that clearance for the project has already been granted by the government (the first and the biggest hurdle to any skyscraper project in India.)


Also, for posterity's sake, though it is now October, there has been no movement on the Lanco Hills front, though one of our Hyderabad-based members who is familar with the project says that Lanco is firmly committed to realizing its supertower dreams. Regardless, competition from the Govt's CBD at Manchirevulu should certainly light a fire up under them. So hope is not yet lost

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Props to harry0707 for finding the article:

Touch the sky
Monday, November 20, 2006

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 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.
Quick Rundown of this update:

A total of 75 highrises will start construction in 1.5 to 2 years, including...

1. Lanco Hills: 110 (120?) storey residential 'Signature Tower' + 24 smaller towers of 25-30 stories

2. APIIC Trade Tower: 60-90 storey commerical highrise

3. GS Realtors Tower: 60 storey commerical highrise, hotel

4. ICICI Bank: Two of 30 storey commerical highrises

5. TSI Ventures: Two of 25-30 storey commerical highrises
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more on the pipeline
HUDA lines up 3 more projects
Tuesday November 14 2006 09:14 IST
HYDERABAD: The Hyderabad Urban Development Authority (HUDA) is all set to take up three more major projects in its limits next month.

They are: townships for Non-Resident Indians (NRIs) at Badvel,
cluster of hotels in Shamshabad and
development of Poppulguda as a ‘Golden Mile’ on the lines of Kokapet.

Speaking to this website’s newspaper, HUDA vice-chairman Jayesh Ranjan said that HUDA had already started the process of framing guidelines, identifying developers and preparing tenders. ‘‘Once the guidelines are framed, we will announce publicly about these projects next month,’’ he said.

The State Government had handed over about 200 acres in Poppulguda to HUDA. It would take possession of the land soon and auction the plots.

The land was an evacuee property taken over by the State Government recently. Like Kokapet, this would be developed as another ‘Golden Mile’ and sold. The Kokapet land fetched about Rs 700 crore.

HUDA proposed a cluster of hotels around Shamshabad for which 150 acres had been earmarked. With the international airport coming up in that area, there was a need for star hotels in the vicinity.

HUDA would take up townships exclusively for NRIs at Badvel. Modalities were being worked out, Jayesh Ranjan said. The proceeds from these ventures would be utilised to fund other development schemes, he added.
we can expect more, as soon as the cabinet committee finalizes the R&R package for effected people.
also, GoAP has reclaimed 850 acres of land (400 acres in Gachibowli and 450 acres in Mamidipalli)
URL: takes back 850 acre IMG land
Is the APIIC Trade Tower back to 100 stories? Look's like we'll know for certain sometime after February...

But it seems like it will be completed by 2010-11.

Originally posted by Babji

10 firms in shortlist for 100-storey city tower
Hyderabad, Jan. 2: The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has decided not to collect the Rs 582 crore upfront cost of land from the prospective bidder of the proposed 100-storied trade tower and business district in city outskirts. The decision will relieve the executing agency from making a heavy initial investment on the land. The APIIC fears that the prospect of making a large investment on land may discourage bidders, throwing the very project into jeopardy. The 100-storied trade tower and business district is proposed to be built on a 97 acre site.

Official sources told this correspondent that the corporation had finalised the financial, commercial and contractual mode for the project according to which it will have 11 per cent equity in the Special Purpose Vehicle which executes the project.

The APIIC has asked all the 10 short-listed companies DLF, L&T, Emaar, Reliance Energy, Shapurji Pallonji with India Bulls consortium, two US-based consortiums (Tishman Speyer India Master Fund in collaboration with ICICI and Nagarjuna Construction Company; and Vornado Realty Trust with TCG Urban Infrastructure Holding) and one each from Israel (Elbit), Mauritius (in consortium with Mantri Developers) and Malaysia (Gamuda Berhad), to submit their Request For Proposal before February 28.

The corporation seems to have learnt a lesson from its bitter experience involving the 400-acre Tellapur township promoted by the Hyderabad Urban Development Authority (Huda). With the Huda fixing the minimum bid price of Rs 4 crores and insisting for a payment of 75 per cent of land cost upfront, none of the 33 companies which had submitted ‘expression of interest’ came forward during the bidding forcing Huda to extend the deadline.

“The ultimate objective is to ground the project and complete it to give a new landmark to city,” a senior official said. The APIIC has divided the project into three phases. The trade tower would be taken up first on 30 acres and would completed in four years. The remaining business district will be developed in two phases — on 30 acres and 37 acres respectively based on the progress of each phase.

“But the bidder has to quote his price above the minimum bid price of Rs 6 crores for all the 97 acres and make payments in a phased manner. Before the full payment is made, the bidder would issue debentures and pay interest,” the official said. The bidder will be asked to make the differential rate of minimum bid and actual bid price before start of the project.

The APIIC also decided to give 30 per cent weightage to development management proposal and the remaining to commercial offer. “The commercial bid will be opened only if the companies qualify in the development and management proposal bid,” the official said.
Jai, Babji

Thanks. If strictly going by APIICs reputation, this is a pipe dream. I just hope EMAAR or L & T gets it or may be SHAPOORJI PALLONJI. The problem with Shapoorji is it may never get finished (hint: imperial towers). EMAAR is best in skyscraper business, they built everything at lightening pace & finish construction in record time. I seriously hope they get it if this project to be ready by end 2009. That being said, APIIC may not be that idiotic organization after all, atleast they are talking about constructing 100F Tower "FIRST". Lanco should learn from them.

Is the APIIC Trade Tower back to 100 stories? Look's like we'll know for certain sometime after February...
But it seems like it will be completed by 2010-11.
Originally posted by Babji
10 firms in shortlist for 100-storey city tower
Thing is, if it's Emaar, the tower will look like an arabized Dubai-kitch monstrosity, like all their non-Dubai projects. An iconic tower like that should look Indian.

I know that SP group, Reliance, DLF use Indian architects for their projects. Perhaps L&T would as well?
Thing is, if it's Emaar, the tower will look like an arabized Dubai-kitch monstrosity, like all their non-Dubai projects.
agreed. your point is taken. L&T got the Hyd's Cyber Tower built at lightening pace back in '98 but it was only 12F. SP are great architecturally, I love their SD tower designs provided that they bring Hafeez on board but if they are gonna take half a decade to get 60F twin towers up, it might as well be a decade for 100F. Their efficiency is horrendrous. I'd like to see EMAAR-Hafeez combo but EMAAR will bring some Dubai or non-indian architect in & tower may not turn out "Iconic". You have a strong point there with EMAAR's non-Dubai projects are dull & they may reserve their best designs aka 'iconic' for Dubai & Hyd will get short end of the stick. L&T-Hafeez combo or EMAAR-Hafeez combo should be brought in to make sure Tower is "ICONIC". If EMAAR brings in some other architect (non-Indian), they should be shown the door. For 100F City Tower & 5 yrs U/C time period, it better be a 'Noida Tower" like or "Obelisk" like. 5 yrs gotta be worth the wait!!!!.
Is the APIIC Trade Tower back to 100 stories? Look's like we'll know for certain sometime after February...

But it seems like it will be completed by 2010-11.

Originally posted by Babji

10 firms in shortlist for 100-storey city tower
Tall dreams.Look at the bid price of rs6 crores per acre.At that price it is difficult to go thru.
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