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Dear All, It is summer time and

heat apart, it is holi-

days for children and

they are busy with

games in their own

world. While the summer temperatures go up, it is also

noteworthy that the news at Golf Edge is heating up. The

pleasant news that families eagerly await!

NEWS LETTER

M A Y- 2 0 1 7

C O N T E N T :

Greetings from the Director ...1

The Progress of the Buildings ...3

Realty News:

Homebuyer’s choice: Ready-to-move-in

properties ...5

Microsoft leases 200,000 sq ft of pre-

mium office space in Hyderabad ...7

Safeguard your Home with a Home

Insurance ...9

Greetings from Satish Chukkapalli

Follow us on Face book and get the latest news:

www.facebook.com/golfedgebyphoenix

Golf Edge, the ultimate luxury property has seen over 60 families taken posses-

sion and 32 families already moved in. The camaraderie and the oneness among

these families is alike – that they all are experiencing the true pleasures of living in

a grand home alongside impeccable amenities and the location is ultimate. Golf

Edge aims to pamper its residents and this is what makes it unique. The sheer

luxury of the project is noteworthy and the experience is for a lifetime!

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

P A G E 2

Phoenix group wishes all our extended Phoenix family members a very

Happy Birthday.

Raj Vanjani 05/02

Lakshmi Chundu 05/05

Kalyani Karanam 05/05

P Sandhya 05/08

Sagar Kurada 5/10

Moutushi Choudhury 05/12

Rashmi 05/12

Deepak Bisht 05/13

Racharla Laxmi 05/13

Madhu Jain 5/14

Rayapudi shoba rani 05/15

Praveena Madan 5/16

Aswani Trackroo 05/18

M Kiran Kumar 05/18

Jayram Komati 5/25

D.Venkata Chalam 05/29

Madhulita Das 05/30

Swastik Tube Corporation (Varun Gupta) 05/30

Harini K 05/3

Progress of the Buildings P A G E 3

Tower B.

Ready to move

Tower A

Tower B

Tower A.

GF to 29th floor Interior

works are in Progress.

Club house.

Total Structure 100% com-pleted.

Swimming pool tested and about to operational.

Grocery store is in opera-

tional.

Gym equipment installation

in progress

Sky Lounges

Structure completed

Interiors work in pro-

gress for Infinity pool,

Deck Areas, Business

centres, Gym, Coffee

shop, Waiting lounges,

Indoor games, Saloon.

P A G E 4

Club house

P A G E 5

‘Homebuyer’s choice: Ready-to-move-in properties’

Source: Magic Bricks

Ready-to-Move-in (RM) properties, whether in the primary or secondary market,

have higher probability of transaction as compared to fresh bookings.

Home loan rates and more opportunity of negotiations created after demonetisa-

tion has led to home buyers choosing ready-to-move-in properties in Hyderabad.

With lower property prices, should home-buyers tap into the quick-possession re-

sale market or invest in an under-construction property?

Research shows that property buyers are willing to pay more for ready-to-move-in

options as compared to under-construction properties. They are willing to pay a

premium on completed projects as project delays lead to additional financial bur-

den. S Kannan, a Hyderabad based broker, says, "Hyderabad offers affordable

pricing as compared to other metropolises. It is the key reason behind buyers

choosing ready-to-move-in housing. There are many such properties in Gachi-

bowli, Hitec City and other areas of the city. This is an opportunity for home buy-

ers as end users always prefer ready-to-move-in properties when funds are not an

issue."

With new companies setting their base, the residential demand in Gachibowli, Hi-

tec City and Raidurg will rise. The IT industry of the city is expecting a jump in em-

ployee headcount to 4.7 lakh from 4.3 lakh (approximately) in the next 12 months.

"IT professionals often search for properties which are readily available. I have

seen people buying under construction properties when budget is an issue. Inves-

tors like under construction units as they want returns on their investment but end-

users prefer ready-to-move-in properties in Hyderabad," says Kannan.

It is reflected in the price difference between under-construction and ready-to-

move-in properties. The average difference in prices between these two types of

properties has increased between the Jul-Sep 2015 to Oct-Dec 2016 period.

While the weighted average price of ready-to-move-in properties was Rs 3,742

per sq ft that of under-construction properties was Rs 3,655 per sq ft. This also

means that Ready-to-Move-in (RM) properties, whether in the primary or secon-

dary market, have higher probability of transaction as compared to fresh bookings.

News

P A G E 6

With end-users looking for RM options to protect themselves from project completion risk,

it is likely that many investors of such properties see this as a good opportunity to sell.

The real estate market of Hyderabad has seen significant rise in RM prices and the rea-

son behind this is the demand. As the IT sector is growing and job opportunities are in-

creasing, Hyderabad has seen home buyers purchasing houses which are readily avail-

able and offer them comfortable stay. Owing to delay in possession, obtaining completion

and occupancy certificates and other issues, buyers prefer a safe option to park their

money. Under construction properties are good options if one is ready to wait.

Depending upon your budget, requirement and preference, you can choose between RM

and under construction projects. Buy a ready-to-move-in property if you need a house to

live and you have sufficient funds, otherwise under construction properties are cheaper

and give good returns in the long term.

Ravi Kumar Diwaker, Times Property, Magicbricks Bureau/Hyderabad

http://content.magicbricks.com/property-news/hyderabad-real-estate-news-industry-news/

homebuyers-choice-ready-to-move-in-properties/91914.html

P A G E 7

‘Microsoft leases 200,000 sq ft of premium office space in Hydera-

bad’

Source: Magic Bricks

Microsoft has signed a 15-year lease deal for nearly 2,00,000 sq ft of premium of-

fice space at Knowledge City in Hyderabad, and plans to pick another 2,50,000 sq

ft of space in its next phase of expansion, two people aware of deal said.

The company will pay project developer Salarpuria Sattva Rs 52 per sq ft for the

space and will spend Rs 8,000 per sq ft on fit-outs, they said. An email query sent

to Microsoft India remained unanswered till as of press time.

Cushman and Wakefield was the consultant for the deal, the persons cited earlier

said. Its managing director, Veera Babu, declined to comment on the deal. "The

property is at fit-out stage and it (Microsoft) is expected to occupy it over the next

four months," one of the persons cited earlier said, adding that the office can ac-

commodate nearly 2,000 workers.

American financial services company State Street Corporation, Synchrony Finan-

cial and EPAM are the other tenants at Knowledge City.

Redmond-headquartered Microsoft is looking for more office space in India as part

of chief executive Satya Nadella's plan to tap the local market and its engineering

talent. The company's Indian arm is firming up plans to expand its campus at

Gachibowli, Hyderabad, which is spread over 3 million sq ft and has a built-up

area of 1.5 million sq ft. Jayesh Ranjan, IT secretary of Telangana, confirmed the

company's expansion plan and said he would be meeting Microsoft's leadership

on Tuesday to discuss the matter.

A property consultant, who did not wish to be named said, "Microsoft is planning

to construct more buildings in its existing campus in Hyderabad in the coming five

years, and this leasing is part of the same strategy to build the workforce till the

time the campus is ready ."

Hyderabad News

P A G E 8

Microsoft had earlier taken up 600,000 sq ft of office space in Bengaluru. The

company will ramp up its presence in this facility after the Hyderabad expansion,

people aware of the development said. The latest offient said. The latest office

space deal is expected to merge many of Microsoft's India operations and serve

as a base for further expansion.

According to industry estimates, the new campus will seat 6,000 employees.

IT firms generally deploy 100 sq ft per employee. Earlier, Microsoft was scouting

for 1.1 million sq ft of space in Bengaluru for a built-to-suit campus. The com-

pany, which has offices in 10 locations across India, had planned to invest $1

billion in the campus over five years.

Salarpuria Sattva has leased out close to 5 million sq ft of the 7.5 million sq ft of

office space at the Knowledge City project. The group is building 15 million sq ft

of office space in Hyderabad apart from some residential and retail projects,

which will become operational by 2020.

According to JLL India, Hyderabad has the third-lowest vacancy level among all

metros at 9%, and is behind Bengaluru and Pune, which have 4% and 5% va-

cancy levels, respectively.

Sobia Khan & Ashish Kulshrestha, Economic Times, Hyderabad & Bangalore

http://content.magicbricks.com/property-news/hyderabad-real-estate-news-

industry-news/microsoft-leases-200000-sq-ft-of-premium-office-space-in-

hyderabad/92235.html

P A G E 9

‘Safeguard your Home with a Home Insurance’

Source: Realty Fact

Home insurance is still at a nascent stage in India and the awareness for home

insurance in our country is not very high. The recent hurricane Matthew in Haiti

and Florida, super typhoon Meranti, dubbed the ‘biggest & strongest storm on

Earth’, wreaked havoc in China and Taiwan and lot of people were affected by

the super storm. Closer to home, the floods in Chennai, Gurgaon, Assam, Hy-

derabad and the earthquake in Delhi- NCR and Haryana makes us aware that we

need to take extra precautionary steps to safeguard our assets. If calamity hits

and you end up losing your home, it is a setback that is difficult to recover from. A

home insurance serves as a safeguard and helps in recovery.

While some people are aware of home insurance, they consider investing in

home insurance as an ‘option’. Few people understand that a home insurance is

crucial to protect not only your home but now with the availability of customized

products in the market one can even insure the contents.

Benefits of Home Insurance

One of the biggest benefit of home insurance is the fact that your investment will

be protected. With a home insurance policy in place, the policyholder will not

have to worry about any unforeseen circumstances.

It will provide a protection to not only the home but also the contents of home, in

case of fire, lightning, riots, strike, typhoons, hurricane, floods, failed sprinklers,

leakage at home and explosion/ overflow water pipes.

Expenses of relocation/ temporary re-settlement is taken care of, if your home is

rendered uninhabitable, the company will indemnify you to the benefit sum in-

sured for the reasonable costs occurred for packing, transportation and loading/

unloading. Having home owner insurance will cut down on stress that you have to

deal with when it comes to the condition of your home.

It is a safety net in case of a theft or burglary. Valuable contents of home such as

art, jewelry and paintings can be secured while selecting the home insurance.

Fragile items like lamps, chandeliers and items of similar nature can be secured

along with basic machines like the air conditioner and home computer.

P A G E 1 0

Any damage, bodily injury, death, accident caused to domestic staff other than

the person and family that owns the home can ask for compensation under the

fatal accidents Act 1855. Domestic staff can ask for claim as per the workmen

compensation act 1923.

The insurance company pays for loss or damage caused when there is acci-

dental death or bodily Injury to another, and/or damage to the property of an-

other.

It even helps you pay for litigation expenses and pay the amount in compensa-

tion that you may become legally liable to pay to another.

The home insurance policy also provides marine, personal accident, medical

expense and ambulance charges.

The covers available under Home Insurance are comprehensive and can be

customized to cater to the individual needs of each customer. It is recom-

mended that one should consider opting for a comprehensive home coverage

from a reputed company that has a good track record of efficient claims servic-

ing to its customers. A Home insurance these days provides a holistic solutions

in case of any exigencies. It is important to buy a home insurance policy, a

Home Insurance, Provides Peace of Mind.

http://www.realtyfact.com/safeguard-home-home-insurance/

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

P A G E 1 1

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

Sales team 901497 1111 sales@golfedge.in Rentals: Raj Kumar: 9100908001

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 2

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 Serene spaces The Master Plan was con-ceptualized 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