All posts by Narendhar Singareddy

Janapriya project gets Rs 136 crore

The Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I), a government-backed last mile financing platform for affordable housing, has made an investment in a large gated-community project in Janapriya– Sitara-Lakefront, spread over 8.21 acres near Sainikpuri in Hyderabad.

The project is being developed by Janapriya and comprises a saleable area of 1.256 million sq ft. The fully approved project is in one of the fastest growing areas of Hyderabad surrounded by fully developed infrastructure.

The impact of the Covid-19 has necessitated the need for funds and SWAMIH Investment Fund 1 having provided the funds, will give the required impetus for the completion of this project. The total investment required is Rs 149.62 crore and the government fund has invested Rs 136 crore in this project.

According to Janapriya Engineers Syndicate’s chairman K Ravinder Reddy, the construction of the entire project is expected to be completed in 36 months. On completion, the entire project will house 2,245 affordable homes (all 10 blocks total units).

The investment banker for this transaction was THI Arbitrage Partners-Mumbai led by Nakshatra Roy and his team.

The project has six towers with a mix of two and three-bedroom affordable apartments.

Source: telanganatoday.com

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జనప్రియలోకి స్వామిహ్‌ పెట్టుబడి

హైదరాబాద్‌, అక్టోబర్‌ 20: నిధుల కొరతతో మధ్యలో నిలిచిపోయిన రియల్‌ ఎస్టేట్‌ ప్రాజెక్టులకోసం కేంద్ర ప్రభుత్వం ప్రకటించిన స్వామిహ్‌ ఇన్వెస్ట్‌మెంట్‌ ఫండ్‌-I రియల్‌ ఎస్టేట్‌ సంస్థలకు ఆర్థికంగా దన్నుగా నిలుస్తున్నది. హైదరాబాద్‌కు చెందిన జనప్రియ నిర్మిస్తున్న సితారా లేక్‌ఫ్రంట్‌ ప్రాజెక్టులోకి రూ.136 కోట్ల మేర పెట్టుబడులు పెట్టింది. ఈ ప్రాజెక్టు వ్యయం రూ.149 కోట్లు. 8.212 ఎకరాల విస్తీర్ణంలో ఏర్పాటు చేస్తున్న ఈ సితారా లేక్‌ఫ్రంట్‌ ప్రాజెక్టులో 1502 అపార్ట్‌మెంట్లు నిర్మిస్తున్నారు.ఈ సందర్భంగా జనప్రియ చైర్మన్‌ కే రవీందర్‌ రెడ్డి మాట్లాడుతూ.. ఈ ప్రాజెక్టు నిర్మాణం వచ్చే మూడేండ్లలో పూర్తికానున్నట్లు, వీటిలో 2,245 గృహాలు తక్కువ ధర కలిగినవని చెప్పారు.

 

Source: ntnews.com

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Metro Rail a real boon to Hyderabad & Hyderabadi

Introduction of metro rail triggers the prosperity of a city by multiple folds. Following metro rail launch, every city in the world experienced the benefits of its clean and sustainable growth. It is a boon in every sense, direct or indirect. Every city has its’ own day of making, and now it is Hyderabad’s turn.

Direct impact


It will have a direct impact on concerns like traffic, city-buses, business and job opportunities. It improves the convenience of commute at a brisk pace and more than anything the metro rail will rocket the real estate prices to newer heights. Good for Hyderabad.

Indirect impact


Metro Rail also has an indirect impact on the lifestyle of the city folk. Moving from place to place would be a plain sail. You wouldn’t have to worry about the bustling traffic and impatient honks. Catch a metro and experience a peaceful commute to work with the additional time on hand for some leisure pursuits. It improves our work efficiency and leaves us with plenty of time for family and all the things we have always wanted to do, but could never find time for. This significantly contributes to the betterment of city’s lifestyle. Good for the Hyderabadi.

Encouraging initial response

  • A staggering 32.25 lakh passengers travelled in Metro trains in one month since its launch on November 29, 2017 and patronage is slowly stabilizing with an average of one lakh passengers traveling in Metro trains every day.
  • Nearly 22 per cent of passengers are using Metro smart cards and till date over 1.5 lakh smart cards have been sold. The sale of cards has been increasing and an average about 2000 metro cards are being sold every day.
  • If the above numbers are with one metro line from Nagole to Miyapur, we can easily imagine the usage when the other two lines start functioning.

A boon to real estate market

  • Metro serves dual purpose in real estate boom – creates jobs that drives demand and reduces commuting costs drawing people to look for homes in areas surrounding metro tracks. Areas closest to stations have greater impact.
  • Retail and commercial space demand increases, Standalone apartments get converted into bigger gated communities, mixed properties come up near stations. This aids the business distribution and helps people’s investments grow.
  • Value of land is inversely proportional to distance from metro station (influences mostly in radius of 1 km, with max influence in 500 meters). Land prices may rise by an average of 50% depending on location and use of land.
  • People owning property in Nagole, Miyapur,Thatti Annaram, Bandlaguda, LB Nagar, Boduppal, Kalyanpuri near Uppal and all areas along the track are already enjoying 20-30% hike in the prices following metro launch.

Everything put together it is not an exaggeration to state that Hyderabad as a city has entered the golden era following the launch of Metro Rail. It is set to virtually transform Hyderabad and the lives of people living in it. It is the Boom time for Hyderabad and Hyderabadi’s.

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Precast technology – everything you need to know

Till a few years ago, workmen hammering away and building structures brick-by- brick, and concrete being poured from huge concrete mixers was a common sight. But, this process has now given way to pre-cast technology.

What is pre-cast technology

Pre-cast concrete means a concrete portion of a structure that is cast and cured at a location that is not the site of construction. Once a precast concrete product is produced and all the undertaken quality controls are satisfactory, the unit is stored until delivery. It is then transported for use at another site.

How is it created?


Pre-cast structures are made in stages that start from engineering and go on to manufacturing of the reinforcement cage, form preparation and pre-pour inspection, concrete placement, curing and stripping, and culminating in post-pour work.

Engineering

Every pre-cast structure is created using the latest design tools and detailed drawings are created using a 3D computer-aided design (CAD) process. Once the design drawings are approved, they are sent to the factory floor and are used to monitor production.

Manufacturing of the reinforcement cage

The first step of this process is the cutting and bending of the steel reinforcement. These bars are then assembled and tied together to form the reinforcement cage.

Form preparation and pre-pour inspection

Once the form (mould) is ready, the overhead crane is used to lift the cage and place it right in the middle of the form. When one set in done, a certified quality control engineer will conduct a pre-pour inspection to see that the product is in tandem with the original shop drawing. Upon the satisfactory completion of this inspection, the technician will approve the structure to be placed at the site.

Concrete placement

A number of raw materials are carefully mixed according to the specific design requirements. There are concrete laboratories that conduct routine tests on raw materials. The concrete also undergoes a variety of additional tests, including a spread test that helps verify whether the mix has the proper flow and there is no segregation of the aggregates.

This approved batch is transported to the product form on the production floor. The concrete is placed into the form and care is taken to allow the concrete to flow without trapping the conduits. Once the form is filled, the top is smoothed off.

Curing and stripping

Once the concrete has settled and has been removed from the form, it is then cured. The product may be covered in tarpaulin overnight to seal in the heat from the hydration process (where the product is constantly doused in water). The controlled environment of the factory enables the product to cure properly and reach the full design strength.

The stripping process involves opening the outer jacket of the form, attaching the lifting devices to the product and lifting it off the form.

Post pour

Once the product has been removed, it is cleaned and a post pour inspection is conducted. If all design dimensions have been maintained and no visual defects are noted, the quality technician signs it off. The finished product is then transported to the storage area, while care is taken that it receives proper support as it awaits its requirement. When a requirement arises, the product is loaded onto a truck and properly secured to be transported to the site of construction.

Advantages of using pre-cast technology


Structures created with units that have been cast using the pre-cast technology have been known to have superior quality and durability. Pre-cast technology has a plethora of benefits for those using its structures.

Weather resistant

Pre-cast structures can bear the brunt of the vagaries of nature and are equally effective in regions with freezing or scorching temperatures. They are also non-combustible and do not melt, thereby eliminating the need of additional fire proofing applications.

Smooth walls

The walls built using pre-cast technology turn out smoother than others. These walls are cured at the pre-cast plant and do not depend on variable factors (like weather conditions and availability of labour) that play a major role when work is done at the site. These walls can be painted on directly, or you can adorn them with wallpaper.

Reduced construction time

Pre-cast technology reduces the time required for construction by up to 64%. Since the members are created in plants, they are free from variable factors. This means, large portions of structures can be created in time and delivered to various construction sites to avoid delays.

Reduced labour costs

The use of pre-cast technology reduces labour costs by as much as 60%. This is possible due to the mechanisation of the whole process, where people are required to operate machinery that creates the pre-cast units. The cost of labour reduces by more than half, with a major chunk of the expenses going towards training the operators.

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