1

Dear All,

The pleasant monsoon sea-

son has started and the cool

climate is a refreshing experi-

ence. We have all entered

the rains and I wish that let

there be showers of happi-

ness, success and prosperity

in all your lives. I also see that there is swift progress on the Golf Edge front

and very soon flat owners will be celebrating their elite and luxurious lifestyle at

Golf Edge.

NEWSLETTER

M A Y / J U N - 2 0 1 6

C O N T E N T :

Greetings from the Director ...1

The Progress of the Buildings ...3

Hyderabad Realty News:

Hyderabad to see 16 million square feet

office space addition in 3 years ...5

Hyderabad sees robust rise in office

space absorption in H1 . ..6

Hyderabad: Boeing, Tata plan to set up joint aerospace facility in the city ...7

India's real estate sector is again emerg-

ing as key hub for investment: CBRE...8

Greetings from Satish Chukkapalli

A word from a proud owner - Mr & Mrs. Deepak Bisht

“One of my friend who had been to Golf Edge suggested me to visit the project as well. In my first visit

itself, I was overwhelmed and impressed to the core. Golf Edge is built with ultra premium luxuries and

amenities that lead to perpetual bliss. The high point is that this luxury apartment is located in the Finan-

cial and IT Hub of Hyderabad. The architecture is superb, the design is excellent and the lifestyle it offers

is equally stimulating. I suggest Golf Edge to anyone who is interested in having a desire to live life to the

fullest.”

Follow us on Face book and get the latest news:

www.facebook.com/golfedgebyphoenix

Soon the proud owners will be able to celebrate house warming ceremonies. Golf Edge is a

rare luxury meant for the crème de la crème of the society and it offers practically every con-

ceivable comfort as a premium home. I once again wish you the very best at Golf Edge and do

get in touch with our office for the latest updates. Cheers!

Visit our website www.golfedge.in or click here for latest drone video

P A G E 2

Phoenix group wishes all our extended Phoenix family members a very

Happy Birthday.

Raj Vanjani 2-May

Lakshmi Chundu 5-May

Kalyani Karanam 5-May

P Sandhya 8-May

Sagar Kurada 10-May

Moutushi Choudhury 12-May

Rashmi 12-May

Racharla Laxmi 13-May

Deepak Bisht 13-May

Madhu Jain 14-May

Rayapudi shoba rani 15-May

Praveena Madan 16-May

Aswani Trackroo 18-May

M Kiran Kumar 18-May

Jayram Komati 25-May

D.Venkata Chalam 29-May

Madhulita Das 30-May

Varun Gupta 30-May

Harini K 31-May

S N S R Sekar 1-Jun

VERAVALLI Sunil Kumar 1-Jun

Talluru Suresh 1-Jun

Ram Mohan Rao 3-Jun

Sudhakar Atla 3-Jun

Naveen Jain 4-Jun

Sunil Chowdary CH 4-Jun

Veeraiah Chundu M.D 4-Jun

Gayathri Penumastsa 6-Jun

Srikanth Kollu 7-Jun

M Anil Kumar 9-Jun

Udaya Bhanu Neelam 10-Jun

Ajay Bhartiya 10-Jun

Jayaprasad Vejendla 10-Jun

Paramila G 10-Jun

Nayantara Quader 14-Jun

Radhika 15-Jun

Sarika Kulkarni 16-Jun

Talasila Srinivas 16-Jun

Padmavathi Kolluru 18-Jun

Karuturi Radha Krishna Murthy 19-Jun

Venkata Ramana Rao Gone 20-Jun

Sumana Nallapati 20-Jun

Pavan Pudipeddi 20-Jun

Swathi Nandury 22-Jun

Khyathi Vasireddy 24-Jun

Nemarukommula Aravinda Rao 25-Jun

Pamulapati Madhuri 26-Jun

Kanika Dhingra 29-Jun

Chunchu Sri Rama Murthy 30-Jun

Progress of the Buildings

P A G E 3

Tower B.

Total structure of Tower-B

100% completed.

Masonry work Up to 29th

floors completed.

Internal Plastering com-

pleted 100%

External Plastering com-

pleted 100 %

29th – GF Floor interiors

work is in progress.

Tower A

Tower B

Tower A.

Total structure of Tower-A

Completed 100%.

Masonry work up to 29th

floors completed.

Internal Plastering com-

pleted 100%.

External Plastering com-

pleted 100%.

GF to 29th floor Interior

works are in Progress.

Club house.

Total Structure 100% completed.

Masonry works in Ground, 1st, 2nd & Lower Terrace floor completed.

Internal Plastering works Completed 100%.

External Plastering Completed up to 100%

Stilt to terrace floor Interior works Completed.

Commercial building.

14th floor slab concreting 100%

completed.

15th Floor Columns & Slab Rein-

forcement work in progress.

P A G E 4

Club house

Commercial building

P A G E 5

‘Hyderabad to see 16 million square feet office space addition in 3

years’

Source: Magic Bricks

Enthused by the entry of technology majors such as Google and Apple, the de-

mand for commercial office space in Hyderabad is expected to remain strong and

could see upward momentum in 2016-17 boosting the number of leasing transac-

tions, says property consultant CBRE.

Hyderabad is expected to see addition of nearly 16 million square feet of new of-

fice supply over the next three years, mostly in the suburban and peripheral loca-

tions of the city (IT and the Extended IT Corridors), said the property consultant in

its latest report on Hyderabad real estate. New supply will consist of high quality

investment-grade projects which are expected to cater to the growing demand for

office space in the coming years, it said.

The increase in office space take-up was expected to be driven by the consolida-

tion and expansion of IT majors. The IT sector will lead in demand for office

space, followed by the banking / financial services, pharmaceuticals and outsourc-

ing sectors. Emerging sectors include e-commerce and bio-technology.

"The current solid demand and supply dynamics are expected to result in rental

growth, particularly in core markets such as the IT Corridor. This growth is likely to

be sustained over the next two to three years, following which it may begin to ta-

per off," said the report.

Occupiers are expected to pre-commit to space in under-construction develop-

ments to safeguard against any future rental increases, the report said, adding

that the IT Corridor will most likely remain the leading IT hub of Hyderabad.

http://content.magicbricks.com/industry-news/hyderabad-real-estate-news-industry-news/hyderabad-to-see-16-

million-square-feet-office-space-addition-in-3-years/86567.html

Hyderabad News

P A G E 6

‘Hyderabad sees robust rise in office space absorption in H1’

Source: Magic Bricks

While most of the top metros reported either a decline or flattish growth in the net absorp-

tion of office space in the first half (H1) of 2016, Hyderabad seems to have bucked the

trend by reporting a steep rise in the absorption of office space in the same period, re-

vealed a report by real estate consultancy Cushman & Wakefield on July 4.

"Improvement in the business climate and the Telangana government's efforts to create

more visibility for 'Brand Hyderabad' led to the city witnessing a steep rise in net absorp-

tion in H1 2016 to 2.9 msf, a 55% increase from the corresponding period last year. Com-

petitive rentals in the city, quality infrastructure and a proactive government have been

attracting global companies to increasingly prefer setting up offices in the city," the report

said.

According to the report, Hyderabad continues to witness a strong demand for office space

from the IT-ITeS sector. The top three transactions during the first half of 2016 in Hydera-

bad included Amazon (3.5 lakh sft in Madhapur), Value Labs (2.25 lakh sft in Gachibowli)

and JP Morgan (2.14 lakh sft in Madhapur).

As compared to Hyderabad, Chennai witnessed the steepest fall of 51% in net absorption

to 0.6 msf, while Bengaluru's net absorption dropped 34% to 4.5 msf during the first half

of 2016.

Overall, the net absorption of office space declined by 18% year-on-year (y-o-y) at 14.5

msf across the top eight cities. "The first half of the year was marked by unavailability of

quality Grade A space in many cities, while other cities saw the prevalence of small-sized

deals, which together led to a decline in the overall net absorption. In the same period,

Hyderabad saw a rise in net absorption of 55% y-o-y in H1 2016 while Delhi - NCR

(+39%), Ahmedabad (+27%) and Kolkata (+10%) recorded a rise in net absorption of of-

fice space in the first half of the year," the report added.

http://content.magicbricks.com/industry-news/hyderabad-real-estate-news-industry-news/hyderabad-sees-robust-rise

-in-office-space-absorption-in-h1/86612.html

P A G E 7

‘Hyderabad: Boeing, Tata plan to set up joint aerospace facility in

the city’ The facility aims to be the sole producer of AH-64 fuselage in the world

Source: Indian Express

Boeing and Tata Advanced Systems Limited (TASL) have joined hands to set up a facility

here to co-produce Boeing AH-64 Apache helicopter fuselages and other aerostructures.

Defence Minister Manohar Parrikar on Saturday laid the foundation stone of Tata Boeing

Aerospace Limited (TBAL) at the aerospace Special Economic Zone (SEZ) at Adibatla on

the city outskirts.

The facility will also deal in integrated systems in aerospace.

The Hyderabad production facility will eventually be the sole producer of AH-64 fuselage

globally.

The AH-64 Apache is the world’s most advanced multi-role combat helicopter and used

by the US forces as well as many other countries, including India.

Parrikar termed the joint venture one of the initial big foreign direct investment in defence

and aerospace under the government’s ‘Make in India’ initiative.

He said things would be speeded up during the current financial year and hoped that

there will be more such projects by the end of 2016-17.

Boeing and TASL last year signed a framework agreement to collaborate in aerospace

and defense manufacturing and potential integrated systems development opportunities,

including unmanned aerial vehicles.

TASL, a wholly owned subsidiary of Tata Sons, is already on contract to manufacture

aerostructures for Boeing’s CH-47 Chinook and AH-6i helicopters.

TASL already has partnership with major players like Ruag, Cobham, Pilatus, Lockheed

Martin, Sikorsky and Airbus.

Boeing is the world’s largest aerospace company and leading manufacturer of commer-

cial jetliners and defense, space and security systems.

http://indianexpress.com/article/business/business-others/hyderabad-boeing-tata-plan-to-set-up-joint-aerospace-

facility-in-the-city-2860880/

P A G E 8

‘India's real estate sector is again emerging as key hub for

investment: CBRE ’ Source: Economic Times

NEW DELHI: India's real estate is back on the radar of global investors

and institutions with the country emerging as the other significant invest-

ment option in the wake of China slowing down, said Henry Chin, head of

research for Asia Pacific at property advisory firm CBRE.

"The Modi government has played the role of a very good catalyst and in

the last 18 months, interest in India has been growing among occupiers

and investors alike," said Chin. He cited the example of large institutional

investors such as Blackstone, Brookfield and JP Morgan who have a

presence in India now and are investing large sums of money in the In-

dian real estate. Recently, Chinese developer Wanda group also evinced

interest in developing large projects in the country, Chin said. While the

residential real estate market in India has seen slow growth over the last

many quarters, the last one year was particularly good for the office leas-

ing segment in the country.

Chin said leasing activity has been good so far this year and will continue

to be strong in the second half of 2016. "Last year, Bengaluru was the

strongest among all Asia Pacific markets in terms of office space leasing,

and demand for the city is continuing to grow," he said.

The demand for office space, he said, is coming from the IT and BPO sec-

tors as well as from banking, financial services and insurance (BFSI),

pharma, engineering and automotive segments. There has been some

contraction in office demand from the ecommerce of late but companies in

that segment have taken up more logistics and warehousing space as

businesses grow. "We are also noticing that a lot of projects in the indus-

trial parks space that were shelved by builders for sometime now are

coming back on track," said Chin. According to him, global investors and

institutions are also taking note of the changing regulations in India, espe-

cially those relating to real estate investment trusts (REITs).

P A G E 8 P A G E 9

"Most people are talking about Indian REITs. We think there are multiple fac-

tors for the success of REITs in any market. I think India is 50% there at the

moment," said Chin. "There are still a few things on the tax efficiency front

and on the regulatory framework that need some work."

India has around 200 million sq ft of REIT-able space available. Earlier this

week, the Securities and Exchange Board of India (Sebi) proposed further re-

laxed norms for REITs, specifically on related party transactions, and also

suggested allowing REITs to invest more money in under construction pro-

jects. If the proposal is accepted, REITs will be able to invest up to 20% in un-

der-construction projects compared with 10% currently allowed.

Chin said the other piece of regulation that people are talking about is the

Real Estate Regulatory Act (RERA), which, when implemented fully, is likely

to help augment foreign capital flow into the Indian residential real estate seg-

ment.

http://economictimes.indiatimes.com/wealth/real-estate/indias-real-estate-sector-is-again-

emerging-as-key-hub-for-investment-cbre/articleshow/53310232.cms

P A G E 1 0

Phoenix’s other residential Projects.

Halcyon,

Hyderabad Halcyon is for the hi-end customer

and the connoisseur. It is upscale

living packaged with ultra premium

luxuries and comforts. Halcyon is

located in Jubilee Hills, Hyderabad.

From spellbinding architecture to

tailor-made services, Halcyon re-

sembles a five star home making its

residents feel proud of owning it.

www.halcyonphoenix.com

The Village, Chennai The Village with 72% greens in

OMR, Chennai creates a lasting

impact on its residents. The holisti-

cally planned gated community has

an array of home choices giving

you an instant access to a luxurious

lifestyle that you aspire for. Quality,

affordability and natural green liv-

ing.

www.the-village.in

11

CONTACT DETAILS: Director Satish Chukkapalli +91 9885601111 +1 4088002921 satish@phoenixindia.net

Sales team 040 651 33333 040 651 55555 sales@golfedge.in

Golf Edge Links:

Website: http://golfedge.in/

Brochure: http://www.golfedge.in/images/golfedge_BROCHURE.pdf

Floor Plans: http://www.golfedge.in/images/floorplans.zip

Site Plan: http://www.golfedge.in/images/siteplan.zip

Application: http://www.golfedge.in/images/e-applicationform.pdf

Walk-Through: http://www.youtube.com/watch?v=B_ukZTSGTg8

Drone View: https://youtu.be/OQFXGKkiM3o

Facebook: www.facebook.com/golfedgebyphoenix

P A G E 1 1

The Commune, Chennai A collection of attached villas set amidst a premier gated community on OMR, this 40 acre landscaped project, is a part of the Village Township, promoted by Phoenix Hodu Developers. The Master Plan was conceptualized by award winning Architect Prof. Cox of Australia. Naturally... there is no dearth of amenities and utilities; includ-ing a 30,000 sq.ft. Club house.

www.the-commune.in