Monday, March 12, 2007

Meenakshi Group's Ultra Luxury Villas "The Bamboos"



Meenakshi Group which has various mega projects to it's credit, such as Satyam Cuber Space, epark near Hitec City, C Kar, KK Towers etc , is coming up with a grand project named "The Bamboos" comprising of ultra luxury villas in a very very prime location.



Few Points:

1. Access controlled entry gate.
2. Access cards for the residents
3. Identity cards for the servants
4. Compound wall all around the layout with solar fencing
5. Under ground electrical, communication cabling and gas pipelines
6. Solar heating system & solar avenue lighting
7. Intercom to all houses & security
8. Water and Sewerage Treatment Plant
Heard that the prices are in the range of Rs 4.5 Crore per villa..





For more information, please visit http://www.meenakshigroup.net

7 comments:

suman reddy said...

who wants to pay 4.5 cr for a villa in hyd?
what is the real value of this barring the hype?

Pradeep Sadanapalli said...

Not sure who is buying this kind of villas.

Real value may be like this..just a guess:

35000x450 = 1.57Cr
1600x4500 = .72Cr
Total = 2.29Cr + Little premium for GC whatsoever.

Anyway, it is crazy..now in Hyderabad...

Anonymous said...

hi pradeep,
we'd love to hear ur informed analysis/opinion on this venture.
ur earlier posting looks more like an ad-insert. u haven't provided any inside/outside info other than a screen scrape from the venture-url.
i really didnt see any USP abt this. will there be any discount if we go thru u? things like dat...

Pradeep Sadanapalli said...

Hi Anonymous,

Yes, I added nothing to the information, other than presenting it here. I just posted it here so that the readers of this blog come to know about this venture, as well as the price.

No, you don't get any discount if you go thru me :-) I am just posting the information here for my blog and as a personal interest (but nothing for personal gains), and I am not related in any way to the builders/developers of any venture...so you or me don't get any profits if u buy here..and anywhere else for that matter :-)

Latha P said...

what are the Green Home trends in our lovely Hyderabad? are there any Green-rated ventures?
do people appreciate concepts like indoor air quality, all weather trees and discouraging lawns?
NAC in hyd should directly work with the AP Govt to encourage newer constructions to comply with much higher standards. be a role model to not only rest-of-india but the whole world.

on an off hand note, i'll grab this house if i have a million dollar amex gift check lying around.
45 to 50k per sqyd is more realistic in that area.
i can reason with 45k * 450 = ~2Cr
then another 2cr for the house construction + GC amenities etc.
That leaves 0.5Cr margin. I guess that's the premium price for the location+amenities+ other factors like reliability etc..

Anonymous said...

This seems to be unnecessarily hyping the situation.... Pls post incase the facts are available

Pradeep Sadanapalli said...

Whether someone accepts or not, the fact is that the rate in this community is 4.5Crore per villa. Whatever you call it - hype or bubble or blah blah blah...that is what it is.

Sellers are finding buyers at these rates also and hence the prices so high. Until there is a buyer, the rates will not come down. Simple demand-supply rule.