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VISAKHA VISION 2016 June-July, Issue- 2 6 Vol- Vol

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VISAKHA VISION 2016 June-July, Issue- 2 6 Vol- Vol FOR PRIVATE CIRCULATION ONLY VISAKHA VISION 2016 June-July, Issue- 2 6 Vol- Vol- pg 28 PROPERTY: THE 1ST pg 20 CHOICE AMONG 7TH RENT YOUR ROOFTOP AND GET PAY COMMISSION SOLAR POWER AT A CHEAPER RATE BENEFICIARIES I Authorised Distributor Sushil Jain SRI VIJAY TRADING CO. 33-14-310/C, Allipuram Main Road, Visakhapatnam-530 004. Cell. 9440858936 Ph. 0891-2568291, Email. [email protected] EDITORIAL NOBODY IS SUPERIOR NOBODY IS INFERIOR, NOBODY IS EQUAL EITHER EVERYBODY IS UNIQUE AND INCOMPARABLE. K. S. CHANDRAN BULLETIN EDITOR Dear Readers, this are the issues of education, catering etc sufficient infrastructure development has to be constructed.. In Greetings and Good Wishes ! this background, opportunities for fellow-builders are The proposed GST and enactment of RERA Bill seem to unlimited, it is up to us to tap the right spot. CREDAI be steps in the right direction for industries, especially has created an institutional platform for REAL ESTATE REAL ESTATE INDUSTRY . Fine tuning of the above DEVELOPERS and developers can make use of this forum is required for the expected results to emerge. The for ensuring organized growth, taking advantage of responsibility of real estate sector does not end with technology development. construction of apartments or commercial complexes. This should expand into specialized zones and take into account the requirements of disabled and senior citizen. Construction is only one aspect of our activity, K. S. Chandran the other aspect is creating agencies to take care of Bulletin Editor the maintenance part. Other activity Associated with CREDAI VISAKHAPATNAM (Regd. No : 231of 2010) EDITORIAL BOARD K.S. Chandran, LAYOUT & DESIGN ideafirst, #9-18-1, 1st Floor, Vinayagar Enclave, CBM Compound, Siripuram, Visakhapatnam, Ph: +91 891 2508150., PRINTED AT Sathyam Offset Imprints, Brindavan, #49-28-5, Madhuranagar, Visakhapatnam., PUBLISHED BY CREDAI VISAKHAPATNAM, #9-6-43, Flat No-2, Ground Floor, MVV Bhavan, Sivaji Park Road, Sivaji Palem, Visakhapatnam-530017, Ph: 0891-2739612, Mob: 98488 54448, 99120 54448 Email : [email protected], [email protected]. Website: www.credaivisakhapatnam.org All the Members are requested to get their address updated with the association in order to ensure timely delivery of magazine also your email ID for speedy communication. If you are not receiving a copy of magazine of CREDAI, VISAKHAPATNAM chapter. please contact @ 9848854448 CREDAI VISAKHA VISION JUNE - JULY, 2016 05 CHAIRMAN Chairman’s Message Dear Members, please accept my hearty greetings, am glad to begin my message by sharing with power in the hands of potential consumer. With a view you the widely accepted feeling that things are to ensure better standards of living to employees, the I looking up for the real estate sector, specially in Central Government had accepted a salary hike of nearly cities like Visakhapatnam, which is being developed as 24 percent. Nearly an estimated 94 lakh employees and a ‘Smart City’ and which has some unique features that pensioners ( 42 lakh Government employees and 52 lakh would make it a favourite place for growth of real estate pensioners) will get the benefit. The arrears will also be sector. My feelings of optimism were based on recent released this year. developments that would have a profound impact on real estate business. The first and foremost is, as all of Also, a study by a media group, made the following you are aware, the enactment of Real Estate Regulation observations about the impact of increase in the ceiling of Authority Act that would make the consumer feel that he house building advance. is now the ‘king’ and his investment in the real estate is safe. This mind set a prerequisite for purchase of houses. “The decision (of the Government) to more than triple the Another recent development that would have an impact ceiling for house building advance to Rs.25 lakhs from was the Government’s acceptance of 7th Pay Commission Rs.7.5 lakhs, is likely to provide a much needed personal recommendations that would put considerable purchasing incentive for employees to invest in housing sector”. 06 CREDAI VISAKHA VISION JUNE - JULY, 2016 OFFICE BEARERS Chairman Let me also mention here that Vizag, interaction with the Government is a Sri K. Rama Krishna Rao 9848037477 which enjoys the sobriquet “City continuous process and CREDAI-VSP, [email protected] of Destiny ” is listed among the 10 in coordination with the CEDAI-AP, President richest Indian cities with a GDP of 26 would continue the same. Sri G.V.V.S. Narayana 9848130272 billion dollars, and according reports [email protected] in the media, it also features among Permit me to mention that work Vice-Presidents the 11 Indian cities among the 100 for the ensuing Property Show Sri P. Koteswara Rao 9908600005 fastest growing cities in the world. had already been started and I am [email protected] Vizag is the largest city in the State confident that Sri E Ashok Kumar, Sri P Rama krishna in terms of population and area. who was unanimously made the 9848414051 [email protected] It has one of the largest harbours Coordinator for the Property Show Hon. Secretary in the country and is rapidly 2016-17, will come out with flying Sri B. Srinivasa Rao developing into a commercial hub. colours in his mission. Keeping 9553356666 The city is growing fast when it in mind the experiences of last [email protected] Joint Secretaries comes to luxury market, and in Property Show, new initiatives are Sri Ch. Govinda Raju fact Viskahapatnam is known to being taken up. Let us extend full 9848521789 be among the largest consumers of cooperation to Sri Ashok Kumar and [email protected] automobile manufacturer ‘Mercedes’ see that the Property Show 2016-17 is Sri K.V.R. Raju (Ramesh) 9550633399 a symbol of luxry. Now let us make memorable and profitable. [email protected] it the largest consumer of luxury Sri N. Sivaji houses. Now it is for us to take Last but not least, I would like to 9052544555 advantage of situation. mention briefly about our CSR [email protected] Treasurer activities. CSR is an article of Sri K.S.R.K. Raju (Sai) Quality and timely delivery were faith for the CREDAI-VSP and it is 9848185679 two basic principles on which always in the forefront in taking [email protected] consumers’ trust, which is very up CSR activities. Besides regular Committee Members Sri A Shivanand essential to all builders, is built. Let programmes like distribution of 9963322000 us make the consumer feel that books and stationery to students in [email protected] purchasing a house from a CREDAI- Government schools and organising Sri E. Ashok Kumar 9133188807 VSP member, was, is and will be, a blood donations camps, this year [email protected] good investment proposition. we had taken up the prestigious Sri N Srinivas Rao project of constructing four model 9246635839 [email protected] Now I would like to share the class rooms at the ZP High School, Sri D. Siva Govindam efforts made by CREDAI-VSP to Chandrampalem, at a cost of about 9866228662 solve certain issues that have been Rs. 40 lakh for which CREDAI [email protected] engaging the attention of builders. I members had liberally contributed. It Sri J. Bhoja Raju 9849841875 am glad to inform you that because is an excellent project and is nearing [email protected] of the reputation of CREDAI-VSP, completion under the watchful Sri N. Trinadha Rao built over years by our predecessors monitoring of Hon Secretary Sri 9848292848 with great effort and hard work, top B. Srinivasa Rao. CREDAI-VSP [email protected] Sri C. Srinivas officials of the Government of the had decided to organise a grand 9394218373 level of Chief Secretary and Principal inaugural function for this unique [email protected] Secretaries, have directly been project. Please wait for the date. Sri K.Venu Gopal 9848125925 dealing with the representatives [email protected] of CREDAI and were positively I wish to close this message by Sri V. Dharmender responding to many of our demands. wishing you a very bright future in 9000387878 Recently there was meeting with business front and splendid time at [email protected] Sri M. Vijay Kumar the Chief Secretary and Principal the domestic front. 9966877999 Secretaries and CREDAI had put [email protected] forward as many as 14 issues, which, Sri K. Nagendra among others, include NALA Tax, 9666161616 [email protected] Mining Cess, permission to have silt V. Murali Krishna floor for multi storey buildings. We 9393101811 are expecting positive results very K. Rama Krishna rao [email protected] soon. I should also mention here that Chairman Immediate Past Chairman Sri B. Raja Srinivas 9849709999 [email protected] Authorised Distributors for Switch Gear, MCB, DB + Wires. Rakesh Jain #28-15-21, Opp. police Club, Surya bagh, Visakhapatnam, 9848140876, R. R. AGENCIES Ph No. 6673322/44, Email. [email protected], Rosan Jain 9948335151 HARDWARE SYSYTEMS SRI GANESH PLYWOOD & GLASS CENTRE #50-92-35/5, Sankhala Castle, Shantipuram, Sankaramatham Main Road, Visakhapatnam - 16. Ph: 0891-6050876, E-Mail: [email protected] PRESIDENT’S MESSAGE. As you must have realised, things are very bright for the real estate sector and it is more so in a city like Visakhapatnam which is being developed as a smart city. After bifurcation, it has become the largest city in the State and with the fast growing IT sector and location of important installations like Port, Steel Plant, Pharmaceutical Industries, Petroleum University, Navy Shipyard etc and the coming up of international air port near Bhogapuram, the city is on the fast track of development. With the blue waters of Bay of Bengal forming the backdrop and umpteen scenic spots dotting the district and the city, it is fast developing into a much sought-after tourism destination.
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