Maheshk Posted November 30, 2017 Share Posted November 30, 2017 IT space is going to be launched by our IT minister Nara lokesh on coming monday i.e on 04/12/2017. Link to comment Share on other sites More sharing options...
Maheshk Posted November 30, 2017 Author Share Posted November 30, 2017 I work for this company. If anybody would like to know details about the project and willing to book a space, feel free to contact me on my number 9100884441 Link to comment Share on other sites More sharing options...
Saichandra Posted November 30, 2017 Share Posted November 30, 2017 Link to comment Share on other sites More sharing options...
RKumar Posted November 30, 2017 Share Posted November 30, 2017 Both Apartments & IT Towers for IT companies they are constructing separately in same place. Link to comment Share on other sites More sharing options...
sonykongara Posted November 30, 2017 Share Posted November 30, 2017 Link to comment Share on other sites More sharing options...
sonykongara Posted November 30, 2017 Share Posted November 30, 2017 Link to comment Share on other sites More sharing options...
sonykongara Posted November 30, 2017 Share Posted November 30, 2017 Link to comment Share on other sites More sharing options...
fan no 1 Posted November 30, 2017 Share Posted November 30, 2017 6 hours ago, Maheshk said: I work for this company. If anybody would like to know details about the project and willing to book a space, feel free to contact me on my number 9100884441 Brother, Is there a brochure that we can download? Link to comment Share on other sites More sharing options...
ramntr Posted November 30, 2017 Share Posted November 30, 2017 Ayyinda or start cheyyala? Link to comment Share on other sites More sharing options...
Guest Urban Legend Posted November 30, 2017 Share Posted November 30, 2017 hitech city antha ads vesaru Link to comment Share on other sites More sharing options...
Maheshk Posted November 30, 2017 Author Share Posted November 30, 2017 1 hour ago, fan no 1 said: Brother, Is there a brochure that we can download? Yes drop me your whatsapp number or mail id. I can share the details. Link to comment Share on other sites More sharing options...
Maheshk Posted November 30, 2017 Author Share Posted November 30, 2017 1 hour ago, ramntr said: Ayyinda or start cheyyala? Started brother. 3 floors completed. Total 23 floor space. By 2018 oct space gets ready for the companies to establish Link to comment Share on other sites More sharing options...
Nfan from 1982 Posted November 30, 2017 Share Posted November 30, 2017 Immediate rent antunnaru for techno tower purchase. Throw some light on it brother Link to comment Share on other sites More sharing options...
Maheshk Posted November 30, 2017 Author Share Posted November 30, 2017 15 minutes ago, Nfan from 1982 said: Immediate rent antunnaru for techno tower purchase. Throw some light on it brother Yeah immediate rent for those who pay 95% down payment. It will be paid upto 2020 dec. Link to comment Share on other sites More sharing options...
Maheshk Posted December 1, 2017 Author Share Posted December 1, 2017 8 hours ago, Maheshk said: Link to comment Share on other sites More sharing options...
V Jagadeesh Posted December 1, 2017 Share Posted December 1, 2017 I feel it’s very risky investment. Wat is the plan after 2020 dec. who will come to these towers to start a s/w firm, as small companies can’t afford it and for medium to large firms govt is giving land . Why some company will rent in this building Link to comment Share on other sites More sharing options...
Maheshk Posted December 1, 2017 Author Share Posted December 1, 2017 Who will come to these towers? What after 2020 ? These two are the questions that comes to our mind first to invest in commercial office space. Let me clarify on this. Companies will come and occupy once if space is created and shown to them. How many office spaces we have here in our capital amaravathi and its surroundings. We can count on fingers. 1. At medha towers-1: 2,00,000 sft created and its completely occupied now. 2. For second tower just a few days back foundation stone is laid for 4,00,000 sft space if i am not wrong. 3. Next this towers coming with 11,00,000 sft capacity. Can create 11000 jobs. my point is if space is created s/w companies will come for sure. IT minister nara lokesh garu is working with the aim of creating 1,00,000 IT jobs in the coming 2 years. To attaract the companies to our AP, Amaravathi they have come up with DTP( designated technology park) Policy. In this policy govt is ready to pay 50% of the rent for over 36 months from 2017 dec to 2020 dec Link to comment Share on other sites More sharing options...
V Jagadeesh Posted December 1, 2017 Share Posted December 1, 2017 If space is created how many companies will come who can afford to pay high rent. So small companies can’t afford it. Then medium and big ones. They will come will long term plans like own buildings spaces like hcl is doing now. Every small company is asking for land in small quantities like 1 acre where govt is giving to them. So what of sw companies will come here to pay huge rent Link to comment Share on other sites More sharing options...
swarnandhra Posted December 1, 2017 Share Posted December 1, 2017 I don't think govt has given land for "small" IT companies yet. as far as I remember govt. has given land to HCL and Pi data systems only. They are not small ventures. small 1 acre lots were given in Mallavalli for manufacturing companies. Link to comment Share on other sites More sharing options...
V Jagadeesh Posted December 1, 2017 Share Posted December 1, 2017 So it’s clear big companies will not look into it. Abt small companies can they afford to rent space, parking lots etc in these high profile towers? Link to comment Share on other sites More sharing options...
swarnandhra Posted December 1, 2017 Share Posted December 1, 2017 govt. is laying red carpet to big and medium IT companies. So, those companies are unlikely to use these facilities(even if they decided to setup office in Amaravati region). small IT companies and other services companies might look in if govt extends subsidies to them. that is more likely to happen now and beyond 2019 if CBN retains power. Link to comment Share on other sites More sharing options...
sonykongara Posted December 1, 2017 Share Posted December 1, 2017 Link to comment Share on other sites More sharing options...
LuvNTR Posted December 1, 2017 Share Posted December 1, 2017 Start up ki 300 to 1000 Sq. Ft office space rent seyyali ante entha undi ippudu rent akkada any idea? Govt. will provide any subsidy for start up? Link to comment Share on other sites More sharing options...
V Jagadeesh Posted December 1, 2017 Share Posted December 1, 2017 I know some rules of these IT towers minimum space to be leased 4000 sft. Rent not sure definitely not less than 30 rs per sft. Inka infra tables. Stationary. Parking slots. Utilities. With out salaries 5 L per month. So normal startups cannot start here. With the current financial position of the state it’s difficult to get money frm govt. so I think it’s very risky to invest in this office spaces. No offense meant . It’s my personal analysis and personal opinion Link to comment Share on other sites More sharing options...
LuvNTR Posted December 1, 2017 Share Posted December 1, 2017 blr lo 1000 Sq.ft 20k ki rent undi konni suits lo. amaravati lo 5k anukunna. it's waste ayithe. Link to comment Share on other sites More sharing options...
V Jagadeesh Posted December 1, 2017 Share Posted December 1, 2017 Haaa. I mean the same it’s not financially viable for small startups and for big ones it’s redcarpet. So it’s very difficult to find some one for renting our property if we buy in this High end IT towers Link to comment Share on other sites More sharing options...
katti Posted December 2, 2017 Share Posted December 2, 2017 1 hour ago, V Jagadeesh said: Haaa. I mean the same it’s not financially viable for small startups and for big ones it’s redcarpet. So it’s very difficult to find some one for renting our property if we buy in this High end IT towers not every company that comes will construct its own buildings... even if they build, there is no guarantee that they will not rent more space... every investment has a risk factor... so investing in this unit is nothing different. Link to comment Share on other sites More sharing options...
katti Posted December 2, 2017 Share Posted December 2, 2017 Many people bought apartments and then rented them. The rent they get is not even half of their mortgage which means the returns are very less... this didn't stop people from buying Link to comment Share on other sites More sharing options...
V Jagadeesh Posted December 2, 2017 Share Posted December 2, 2017 52 minutes ago, katti said: not every company that comes will construct its own buildings... even if they build, there is no guarantee that they will not rent more space... every investment has a risk factor... so investing in this unit is nothing different. If it is not occupied there is a huge risk for maintaining the commercial property. Maintaining an Un occupied apt will be much easier than maintaining an Un occupied commercial space. Just my thought. Link to comment Share on other sites More sharing options...
katti Posted December 2, 2017 Share Posted December 2, 2017 1 hour ago, V Jagadeesh said: If it is not occupied there is a huge risk for maintaining the commercial property. Maintaining an Un occupied apt will be much easier than maintaining an Un occupied commercial space. Just my thought. don't think the builders will invest that much money if they think it will not be occupied. But if you really feel it will not be occupied... then just ignore it... people who think it will be occupied will buy. Link to comment Share on other sites More sharing options...
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