As neopolis is nearer to the Gachibowli IT hub, I think there won't be much impact on it but places like Mokila where prices got increased showing Neoplis proximity as a reason will see a correction. I have seen Mokila area perosnally 4 times over a period of few years. Total waste area without any infrastructure, proper roads, facilities etc.
There will be a major shift of engineering and finance back office resources from US to India as the mega companies (Google, Meta, Microsoft, Apple etc) are shifting investments over to AI and in order to maintain their earnings they will be moving resources supporting legacy business over to Hyd. What this specifically means to Hyderabad is expansion of offices and along with it will be demand for both commercial and residential space. Ofcourse all this can go to another state if the government screws i up but so far there is no such indication so do expect Neopolis to grow. There were critics when Gurugram was growing and they are now licking their wounds :)
The whole neopolis layout has apartments only, other than the one office space by myhome. How on earth is this a growth engine? Why companies spent 100crs for a piece of land if all that is going to come there is apartments.
It will be ultra premium residential.. malls and offices make this place like hitech city. Not having commercial makes this one of the best residential in india
@@pcknowledge593 Dude Neopolis is a SEZ! Why did government declare it as SEZ when only apartments are built there? Where should actual businesses go when SEZs are filled with apartment complexes?
Neopolis is an area designated for mixed use which consists of SEZ, Residential areas, Parks, Hotels, Malls, Convention centers etc. Apartments would constitute only 15% to 20% of the 500 acre area.
Tax is bread and butter because buses are now free for ladies. The focus will be on taxes. Building houses will benefit builders who are already wealthy. It won't help govt. In any way.
Wow! Now you think of lack of commercial space??? Just a month ago how everyone went gaga over how neopolis was the heaven on earth and hyped it over proportion. How time changes things so much. People take 180 degree turns. Coming back to lack of commercial space. If builder can build 45+ floor residential towers and sell them 12-15k psft then why would they want to build 6 floor complexes with 100s of parking spaces?? Even if they did, how are they going to get returns in rents? Even if they leased at higher rates, how many businesses can afford those rents? Commercial at these rates makes no sense to builders in comparison to residential. Plus residential has bigger customer base than commercial. And residential rents are comparable to commercial in those areas. Commercial only possible if GHMC builds them as welfare
@@shanebalboa391 thanks for pointing the spelling mistake, corrected, everyone knows how things went around "Neopolis" ;-) and Mokila auction, how artificially pumped prices. Mokila auction price 1L is laughable and people didn't turn back aswell for registration after the auction. This is not healthy or organic growth. Needs correction. Meaning is more important than spelling ultimately as long as it conveys the message.
@@DharmaNKarma You think apartment rates in Mumbai, NYC are justified? What is organic growth? So cities shouldn’t go rapidly? Should cities only grow in order? Brother land is land. What makes one land premium over other lands is primarily its location and employment opportunities around, facilities, amenities, safety, governance and people rights so on and so forth. Also, don’t worry about somethings you can’t afford. There is market for anything and everything. Not everyone living in NYC can afford an apartment in Manhattan and same thing In Mumbai, Hyderabad etc… those premium apartments in premium areas are for the people who can afford. Just like Rolexes, four seasons, LVs etc.. just look at places you can afford.
@@shanebalboa391 Don't compare Mumbai with Hyderabad, people will laugh. Whether it's land availability(Mumbai is surrounded by water 3 sides and limited FSI restrictions), employment opportunities in all sectors. Hyderabad doesn't have such problems unlimited scope for expansion and unlimited FSI. The way you are answering shows your arrogance and at the sametime frustration ;-). Pedha pedha samrajyale koolipoyaay edi saswatam kaadu peruguta viruguta korake.Time will tell all the answers to your arrogance. Wait and watch.
If it's not developed by new Govt, confidence ll be lost in Investors and impacts entire growth of Hyderabad. If new Government develops new areas also Investors can not dare and AP development ll start from that point..
Bro , more than this palamoor lift irrigation is more important. Because this project serves water . Without water there is no ecosystem and so neopolis too .
FSI restrictions make urban sprawl and quality of life worse, as seen in places like old Delhi and Dharavi. Urban planners around the world recognize this, but lots of Indian babus don't want the country's major cities to develop and have good skylines and quality of life. Instead, many cities with strict FSI restrictions look like they belong in central Africa, while still having traffic issues and lack of access to public transit because many people live far away from bus stops and metro stations (As they can't even build above 4 floors near most metro stations in Delhi). Hopefully the incoming TS government doesn't restrict FSI, at least not in Kokapet/financial district/neopolis.
Traffic is inevitable if the city grows laterally with strict FSI. People who had to stay in financial district provided a high rise they need not commute.Otherwise they will have to commute daily due to limited FSI causing a severe traffic congestion
No FSI limits work only if your place of work is in walkable distance from your house. In western countries, only those cities with closely packed business districts allow high rises. In USA, you see high rises in NY but not much in California because It's very spread out and hot city and people prefer cars to walking.
Those with excess money will invrst here. Those who will take loans will never invest here as IT is definitely at risk Its not infrastructure its affordable prices and IT jobs.
Hyderabad is the prime choice currently in India which is suitable for all the aspects for very long period of time. Thats why all major IT projects are coming so investing in Hyderabad is full proof. Nothing will impact.
