The Hindu : Andhra Pradesh / Hyderabad News : 100-storied building to come up in city

Online edition of India's National Newspaper
Tuesday, Jul 03, 2007
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Andhra Pradesh

Andhra Pradesh - Hyderabad

100-storied building to come up in city

Staff Reporter

HYDERABAD: The city is set to get a 100-storied building, promoted as the largest residential complex in the world.

The work on this high-rise edifice is being taken up by LANCO as part of the LANCO Hills Technology Park Private Limited, a real estate venture on the sprawling 100 acres land at Manikonda. Apart from the majestic residential complex “Signature Towers,” an IT Park and commercial establishments, including 16 multiplexes and clubhouses, food joints and many more will come up.

Independent identity

The building will boast of an independent identity to each of the residential units, LANCO Managing Director G. Venkatesh Babu said here on Monday. Ample parking facility spread over three-level basement, jogging tracks, high-tech security and children’s play areas are some of the state-of-the-art facilities being planned.

A clubhouse of international standards with various amenities such as deluxe suites, swimming pool, banquet halls and restaurants will also be developed.

In four years

“Our building is going to be the world’s largest residential complex as against the Petronas Twin Towers in Kuala Lumpur or many other high-rises in Shanghai and Singapore which are residential-cum-commercial complexes,” Mr. Venkatesh explained, adding works will commence on July 4. The project is expected to be completed in four years.

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