Jai
August 18th, 2007, 08:53 PM
Lanco Hills + Signature Tower, Hyderabad, India
...the Indian Subcontinent's first approved 100+ storey tower, and one of two 100+ storied towers approved in the city.
http://img153.imageshack.us/img153/6914/01fa0.jpg
Mark my words: the city of Hyderabad (http://en.wikipedia.org/wiki/Hyderabad), the 6-million people strong IT powerhouse located in the state of Andhra Pradesh in Southern India, will very soon crash into the ranks of major skyscraper cities in a big way.
"Cyberabad" (as its popularly called, owing to its huge IT industry) has emerged as the most pro-densification, pro-verticalization metro in the Indian Subcontinent -- even more so than Mumbai, and that says a lot.
Aiming to become the most investor-friendly city amongst the competing the southern Indian IT/tech cities of Bengaluru (Bangalore) and Chennai (Madras), the city has embarked on a massive modernization emulating the E Asian tiger Tier 1 cities -- namely, building Central Business Districts catering to banking, trade, research, tech and other knowlege industries. Adopting the trend toward 'walk to work' concepts, these CBS would have ample residential towers as well. Not only has the city and state governments been sold on 'skyscraperization' on a big way, but also the voting public.Outside Mumbai, its the only city in the Subcontinent to really, comprehensively embrace the ethos of vertical urbanity.
As such, a high-rise and supertall laden CBD with all the infrastructure bells and whistles will literally rise from the paddy fields over the next 5 years in a vast area bordering the 'old' city known as the "skysrcaper zone." These zones would have unlimited FSI, translating into virtually no hight restrictions, provided private developers would fund the infrastructure projects that would sustain them. Unlike other Indian cities, for these projects the red tape is slashed considerably and projects are fast-tracked toward approval.
Already, there are 2 supertall skyscraper-topped megaprojects that have already been approved in the skyscraper zone:
1. Lanco Hills, consisting of 100+ storey residential tower and a host of other highrises -- (what this post is about)
2. Manchirevula Central Business District (http://www.skyscrapercity.com/showthread.php?t=471574), which would bost a 100+/140m storey commercial/hotel supertall designed by Norman Foster, and a minimum of thirty other towes each with a minimum height of 30 storeys. Unfortunately, although this tower has already been approved and groundwork begun, no renderings of the tower has been released to the public.
....aaanyways, here is Lanco Hills, Hyderabad:
---------==--=--==---------
First some news stories about the project. Oldest first:
Lanco Hills Park notified as SEZ (http://www.thehindu.com/2007/04/17/stories/2007041706660300.htm)
Tuesday, Apr 17, 2007
Special Correspondent
The company is poised to be one of the largest `mixed-use' developers in the world, worth over US $ 1 billion.
HYDERABAD: The city-based Lanco Hills Technology Park Private Limited of the Lanco Group has been notified as a Special Economic Zone (SEZ) by the Union Ministry of Commerce with effect from April 10, 2007.
A sector-specific Special Economic Zone for Information Technology (IT) and IT-enabled services (ITES) will be set up over 25-acres in Manikonda village, Rajendranagar Mandal of Ranga Reddy district.
The company is planned to be positioned as one of the largest `mixed-use' developers in the world worth over US $ 1 billion.
It constitutes realty sectors like IT/ITES space, mall, ultra modern living spaces, extraordinary entertainment, luxury hotels and service apartments, to name a few. It will be a truly international standard integrated IT park, he said.
Chairman L. Madhusudhan Rao said "The sanction is recognition of our credentials and unique track record in creating global-scale landmarks." He said it would be a trendsetter in destination-building and etch Hyderabad as a signature to India as an emerging global destination.----==----
Lanco eyes realty pie with Rs 5,500 crore (http://www.financialexpress.com/fe_full_story.php?content_id=168903)
INFRASTRUCTURE BUREAU
Posted online: Tuesday, July 03, 2007 at 0005 hours IST
HYDERABAD, JUL 2: The $500 million Lanco group has entered realty business with a bang through its SPV christened Lanco Hills Technology Park Private Ltd. The company proposes to develop about 30 million sq ft for IT-SEZ, ITeS and residential zones with an estimated investment of Rs 5,500 crore.
Speaking to mediapersons here on Monday, Lanco Infratech Ltd managing director G Venkatesh Babu said the property will be developed in two phases on a 108-acre plot at Manikonda village, about 18 km from the upcoming international airport.
It will have 12 IT towers including an SEZ and 15 residential blocks besides two hotels and malls, he added. The project is scheduled to be completed in the next four years excluding the signature block, which will be the tallest in the world.
“We cannot reveal the number of floors at this point of time, but it will be definitely be over 100 floors and become a centre of attraction,” Babu said.----==----
And this is an amazing statistic... over 4 million sq ft of residential space was booked within 3 days of project opening! :eek:
Overwhelming response to sale of residential space (http://www.moneycontrol.com/india/news/pressnews/overwhelming-response-to-saleresidential-space/20/43/292963)
2007-07-18 16:50:20 Source : Moneycontrol.com
The offer for sale of residential apartments at Manikonda, Hyderabad by LANCO Hills Technology Park Pvt Ltd – a 74% subsidiary of LANCO Infratech Ltd (LITL) – has received tremendous response. About 4 million square feet of residential space has been booked within three days of the opening of the bookings to the public.
LANCO Hills is one of the largest mixed development projects in the world comprising residential accommodation, IT SEZ and Non-SEZ area, commercial spaces, malls, entertainment zones and hotels. The signature tower being planned at LANCO Hills would be the world’s highest residential tower. The total area being developed would be around 30 million square feet. The complete project is targeted for completion in various phases ranging from 2 to 4 years.
Commenting on the tremendous response, LITL Chairman L Madhusudhan Rao said, “The phenomenal response received for the bookings of residential accommodation at LANCO Hills indicates the demand for quality apartment buildings in Indian cities. It would be our endeavor to undertake high quality property initiatives and deliver them within committed time schedules. The confidence reposed in the company by the public has been a humbling experience.”
LANCO Infratech Ltd is one of the fastest growing corporate entities in India with gross revenue of Rs 16,473 million and a net worth of Rs 15,105 million. It has more than two decades of experience operating in the core sectors of Power Generation, Power Trading, Realty, Engineering and Construction and other Infrastructure projects. At present, the power portfolio includes an operating capacity of 518 MW and additional capacities under construction aggregating to more than 3,200 MW. The Construction and EPC division of the company is executing various orders worth more than Rs 7,500 crore. --------==--=--==-------
And more eye candy:
http://img153.imageshack.us/img153/1230/02oe2.jpg
^ Daytime View -- note rendering not complete
http://img153.imageshack.us/img153/3390/05dt3.jpg
^ The mall and commercial tower, and hotel
http://img153.imageshack.us/img153/2999/03kj4.jpg
^ View towards hotel and IT park from lake
http://img153.imageshack.us/img153/5154/04zx2.jpg
^ Detail of some of the IT buildings in the complex
http://img407.imageshack.us/img407/5634/officesmlws6.jpg (http://img513.imageshack.us/img513/9192/officebigdu4.jpg)
^ View from one of the parks towards one of the office towers surrounding the mall. Hotels, office and IT buildings surrounding.
Cheers,
Jai
...the Indian Subcontinent's first approved 100+ storey tower, and one of two 100+ storied towers approved in the city.
http://img153.imageshack.us/img153/6914/01fa0.jpg
Mark my words: the city of Hyderabad (http://en.wikipedia.org/wiki/Hyderabad), the 6-million people strong IT powerhouse located in the state of Andhra Pradesh in Southern India, will very soon crash into the ranks of major skyscraper cities in a big way.
"Cyberabad" (as its popularly called, owing to its huge IT industry) has emerged as the most pro-densification, pro-verticalization metro in the Indian Subcontinent -- even more so than Mumbai, and that says a lot.
Aiming to become the most investor-friendly city amongst the competing the southern Indian IT/tech cities of Bengaluru (Bangalore) and Chennai (Madras), the city has embarked on a massive modernization emulating the E Asian tiger Tier 1 cities -- namely, building Central Business Districts catering to banking, trade, research, tech and other knowlege industries. Adopting the trend toward 'walk to work' concepts, these CBS would have ample residential towers as well. Not only has the city and state governments been sold on 'skyscraperization' on a big way, but also the voting public.Outside Mumbai, its the only city in the Subcontinent to really, comprehensively embrace the ethos of vertical urbanity.
As such, a high-rise and supertall laden CBD with all the infrastructure bells and whistles will literally rise from the paddy fields over the next 5 years in a vast area bordering the 'old' city known as the "skysrcaper zone." These zones would have unlimited FSI, translating into virtually no hight restrictions, provided private developers would fund the infrastructure projects that would sustain them. Unlike other Indian cities, for these projects the red tape is slashed considerably and projects are fast-tracked toward approval.
Already, there are 2 supertall skyscraper-topped megaprojects that have already been approved in the skyscraper zone:
1. Lanco Hills, consisting of 100+ storey residential tower and a host of other highrises -- (what this post is about)
2. Manchirevula Central Business District (http://www.skyscrapercity.com/showthread.php?t=471574), which would bost a 100+/140m storey commercial/hotel supertall designed by Norman Foster, and a minimum of thirty other towes each with a minimum height of 30 storeys. Unfortunately, although this tower has already been approved and groundwork begun, no renderings of the tower has been released to the public.
....aaanyways, here is Lanco Hills, Hyderabad:
---------==--=--==---------
First some news stories about the project. Oldest first:
Lanco Hills Park notified as SEZ (http://www.thehindu.com/2007/04/17/stories/2007041706660300.htm)
Tuesday, Apr 17, 2007
Special Correspondent
The company is poised to be one of the largest `mixed-use' developers in the world, worth over US $ 1 billion.
HYDERABAD: The city-based Lanco Hills Technology Park Private Limited of the Lanco Group has been notified as a Special Economic Zone (SEZ) by the Union Ministry of Commerce with effect from April 10, 2007.
A sector-specific Special Economic Zone for Information Technology (IT) and IT-enabled services (ITES) will be set up over 25-acres in Manikonda village, Rajendranagar Mandal of Ranga Reddy district.
The company is planned to be positioned as one of the largest `mixed-use' developers in the world worth over US $ 1 billion.
It constitutes realty sectors like IT/ITES space, mall, ultra modern living spaces, extraordinary entertainment, luxury hotels and service apartments, to name a few. It will be a truly international standard integrated IT park, he said.
Chairman L. Madhusudhan Rao said "The sanction is recognition of our credentials and unique track record in creating global-scale landmarks." He said it would be a trendsetter in destination-building and etch Hyderabad as a signature to India as an emerging global destination.----==----
Lanco eyes realty pie with Rs 5,500 crore (http://www.financialexpress.com/fe_full_story.php?content_id=168903)
INFRASTRUCTURE BUREAU
Posted online: Tuesday, July 03, 2007 at 0005 hours IST
HYDERABAD, JUL 2: The $500 million Lanco group has entered realty business with a bang through its SPV christened Lanco Hills Technology Park Private Ltd. The company proposes to develop about 30 million sq ft for IT-SEZ, ITeS and residential zones with an estimated investment of Rs 5,500 crore.
Speaking to mediapersons here on Monday, Lanco Infratech Ltd managing director G Venkatesh Babu said the property will be developed in two phases on a 108-acre plot at Manikonda village, about 18 km from the upcoming international airport.
It will have 12 IT towers including an SEZ and 15 residential blocks besides two hotels and malls, he added. The project is scheduled to be completed in the next four years excluding the signature block, which will be the tallest in the world.
“We cannot reveal the number of floors at this point of time, but it will be definitely be over 100 floors and become a centre of attraction,” Babu said.----==----
And this is an amazing statistic... over 4 million sq ft of residential space was booked within 3 days of project opening! :eek:
Overwhelming response to sale of residential space (http://www.moneycontrol.com/india/news/pressnews/overwhelming-response-to-saleresidential-space/20/43/292963)
2007-07-18 16:50:20 Source : Moneycontrol.com
The offer for sale of residential apartments at Manikonda, Hyderabad by LANCO Hills Technology Park Pvt Ltd – a 74% subsidiary of LANCO Infratech Ltd (LITL) – has received tremendous response. About 4 million square feet of residential space has been booked within three days of the opening of the bookings to the public.
LANCO Hills is one of the largest mixed development projects in the world comprising residential accommodation, IT SEZ and Non-SEZ area, commercial spaces, malls, entertainment zones and hotels. The signature tower being planned at LANCO Hills would be the world’s highest residential tower. The total area being developed would be around 30 million square feet. The complete project is targeted for completion in various phases ranging from 2 to 4 years.
Commenting on the tremendous response, LITL Chairman L Madhusudhan Rao said, “The phenomenal response received for the bookings of residential accommodation at LANCO Hills indicates the demand for quality apartment buildings in Indian cities. It would be our endeavor to undertake high quality property initiatives and deliver them within committed time schedules. The confidence reposed in the company by the public has been a humbling experience.”
LANCO Infratech Ltd is one of the fastest growing corporate entities in India with gross revenue of Rs 16,473 million and a net worth of Rs 15,105 million. It has more than two decades of experience operating in the core sectors of Power Generation, Power Trading, Realty, Engineering and Construction and other Infrastructure projects. At present, the power portfolio includes an operating capacity of 518 MW and additional capacities under construction aggregating to more than 3,200 MW. The Construction and EPC division of the company is executing various orders worth more than Rs 7,500 crore. --------==--=--==-------
And more eye candy:
http://img153.imageshack.us/img153/1230/02oe2.jpg
^ Daytime View -- note rendering not complete
http://img153.imageshack.us/img153/3390/05dt3.jpg
^ The mall and commercial tower, and hotel
http://img153.imageshack.us/img153/2999/03kj4.jpg
^ View towards hotel and IT park from lake
http://img153.imageshack.us/img153/5154/04zx2.jpg
^ Detail of some of the IT buildings in the complex
http://img407.imageshack.us/img407/5634/officesmlws6.jpg (http://img513.imageshack.us/img513/9192/officebigdu4.jpg)
^ View from one of the parks towards one of the office towers surrounding the mall. Hotels, office and IT buildings surrounding.
Cheers,
Jai