You are on page 1of 1

Mahabubnagar Town is one of the fastest growing urban cities of Telangana with over a dozen

quatity Engineering institutions and the [argest private medicat coltege of Tetanagana i.e SVS
rnedicat coltege and Hospitat with distirrct separdte divisions of medicirre, Nursing dental
, and
other divisions of medica[ co[teges.

The main road leading to the district centre, commands a premium of Rs.250000/- to
30@00/- a sq. yard where as ordinary smatt plots in the district head quarters more between
One Town and Two Town potice station adjacent to the main road fetch easity around Rs.70.0O
to 80.00 a Sq yards depending on the size and avaitability.

There is not even a singte acre of free hotd property tocated in the district besides that of M/s.
Rajvir Industrfes which has 43.10 acres of the main road about 50O mtrs from the main road
with the huge frontage of 400 mtrs on the teft side covering 3 units with 6OOm spindttes and
consisting off empty ptots of nearly 13 acres besides Unit I with a main road approach of 15O
mtrs. Out of 13 acres 2 xres is dedicated to lord venkateshwara tempte with its own distirrct
entry and one acre in front of the tempte kept ideat for greenery and parking .

The 11 acres enjoys a road facing frontage of 100 mtrs where as per the ptan shown to me,
the promoters have kept 2 acres road facing to be sotd as commerciat property white the
batarrce 9 acres has been neatty ptotted with 40" roads as per the proposed devetopment
grated community with about 3m00 sq. yards of ptotting. Ptot on the other side of the main
road the comPany has another 8 .A2. acres atmost rectangutar ptot with 60'road in the front
and 40" road on the side with one resr'dentiat staff quarter; buitdirg tocated towards the end of
the ptot as shown in the picture.

While I have estimated a Fair market value of about Rs.20.90crs an acre, if proper
development is done as indicated by the promoters into creating a proper gate,d
community as they have propoaed in the 11 acres plot they can easily fetch a minimum of
Rs.65,000/- per sq.yard for 3@OO sq yar& of residential plots totalting to about Rs. 19O to
195 crores and for the commercial plot area of 2 acres they can easily fetch minimum of
Rs,I,251000/- a sq. yard i.e around Rs.60.00 crores an acre totalling to Rs.12O.OO crores
for the 2 acres comnrercial area bit which is road facing as per the layout. This
development alone of 11 acres will fetch them anynrhere Rs. 3OO to 310 crores for the 11
acres plotting.

MADHUSUDAN.
\$r'A B.E (civit), M.E (srrrEngs)
Frv, MtE (t), cE (t), FllTA, M|GS, MlCl, MISNT, MISTE, M|SO
CIESES, I{IUT, MISET, MIASE, MIOCE, MICC MMGIYII 18
!/IBC, MACCE
'
Govt RegistereO vamel
lncome Tax, Govt of India (u/s 3r Al of \lteatth Tax)
Registration No: 566/CCIT- I /Hydenba d I 201 4

You might also like