While around two acres were surrendered for the lake’s expansion, Nagarjuna reportedly retains a six-acre legally held parcel.
A lake view to treasure
Actor Nagarjuna was among the chief guests at the inauguration of the restored Thammidikunta Lake in Madhapur, where he warmly praised the efforts of the CM and HYDRAA chief in bringing the water body back to life. Interestingly, the lake has a special connection with the actor, as it was at the centre of the N Convention controversy, which eventually led to the demolition of a portion of his property over alleged encroachment.
Now there could be an interesting real-estate upside to the lake’s restoration. While around two acres were surrendered for the lake’s expansion, Nagarjuna reportedly retains a six-acre legally held parcel. According to many real estate people, the land could potentially lend itself to a premium lake-facing high-rise development, with the project estimated to have a future value of over Rs 1,000 crore. The TDR benefits for the surrendered land could add further value.
With a restored lake as the new neighbour, a premium lake-facing address could prove quite a prize! In fact, HYDRAA appears to have plenty of admirers in the city, with many backing CM Revanth Reddy’s push to restore Hyderabad’s lakes, reclaim its green spaces and protect the city’s environment.
Success brings enemies
Greenko is being seen as the next big business success story to emerge from the Telugu states, with its green energy ambitions expected to take it into the big league. There is talk that the company could soon give some of the established business houses in the region serious competition.
But Greenko’s growing prominence may not be going down too well with everyone. Word is that one business house is not very happy with its rapid rise.
Everyone is OTT
The Hyderabad-Chennai rivalry has long been a bit like the Mumbai-Delhi divide. Chennaiites have often looked at Hyderabadis as crass, OTT and unabashed show-offs, particularly when it comes to weddings, where displaying rows of diamonds seems almost de rigueur. Hyderabadis, in turn, have dismissed Chennaiites as snooty and pretentious, with their carefully cultivated image of understated elegance.
But the recent wedding of YS Anil and Malini’s daughter may have changed the conversation. With the dazzling jewellery on display, lavish gifts exchanged and the sheer extravagance spread across all five celebrations, this was a big fat wedding that even Hyderabad’s most extravagant hosts would have had to take note of. The Chennai contingent may now find it a little harder to claim the moral high ground on understated elegance.
The desert is their playground!
The FLO ladies of Hyderabad have taken off to Jaisalmer for a holiday, and the 50-plus brigade is having as much fun as a bunch of teenagers. From camel rides and dinners under the desert sky to dancing to Dhurandhar tracks, the ladies are making the most of every moment. Adding to the fun is their colour-coordinated dressing, with the group clearly taking its holiday style as seriously as its fun quotient. Seeta Reddy, Pratibha, Ajita Reddy, Rekha Lahoti, Padma Rajgopal, Hina and several others are part of the merry gang, proving that the spirit of adventure and a good time has no age limit.
An invite worth bagging
All those dreaming of owning a Birkin or a Kelly might want to start working on this invite! Word is that a high-profile luxury showcase is being planned by a Delhi/Mumbai-based player, mid December, with the very best of the luxury world under one roof. One room will be dedicated entirely to designer handbags, another to fine jewellery and watches, while a third will showcase art.
Details are still sketchy, and we have only heard whispers of this rather exclusive affair. This man is yet to decide who he wants as his brand promoter and guest-lister. Apparently he’s a ‘boaster’. And he’s very particular that a select ‘super rich’ people are invited. Expect more details as the event draws closer. The juiciest bit? Apparently, several Birkins are being lined up for the showcase — to be sold, and not just displayed!
The Konidela kids’ Rs 22-crore inheritance
Some children inherit their parents' good looks. Others get a rather more substantial head start in real estate. Pawan Kalyan’s 2024 election affidavit reveals that his children, Polina Anjana and Mark Shankar, each own a 50 per cent share in a plush Shaikpet property, valued at Rs 11 crore apiece. The combined family asset is worth a cool Rs 22 crore. Spread across 1,458 square yards, with a built-up area of 15,202 sq. ft., the property was gifted by their father.
Pawan Kalyan may have parted ways with his wife for the third time, but he’s known to be very generous in giving them a good settlement so they lead their lives well.
Mohantys break up with food apps!
Food delivery apps have been shown the door at the Mohanty household. We mean the family of former DGP AK Mohanty, where even the temptation of a biryani order has apparently taken a back seat. Like many Hyderabadis turning wary of restaurant food following the recent raids and shocking revelations, senior IPS officer Avinash Mohanty has reportedly gone completely off outside food.
The TG SAFE Commissioner, his brother Abhishek and the rest of the family, once fond of ordering in, particularly non-vegetarian delicacies, have switched to good old ghar ka khana. Sources say not a single food delivery order has been placed at their home in the past three months. Before Avinash’s appointment as TG SAFE chief, delivery agents were apparently regular visitors.
A Seoul-mate wedding in the Galla family!
There’s a Korean connection to the celebrations in Galla family. Jaydev Galla’s son, Siddharth, is set to marry his South Korean girlfriend, Hyein Kim. The pre-wedding festivities are already underway, with Namrata Shirodkar offering a peek into the celebrations on social media. Her congratulatory post came with warm wishes for the couple.
Who What When Where Why
Who was with the celebrated designer Sabyasachi at his New York Met party? Radhika Reddy.
What are people saying about Trump Towers in the city? That nobody bought the pent house for `60+ crores, it was just announced to create hype. “If really someone bought it, why does nobody know his name?” commented a real estate builder.
When was Apollo’s Preeta Reddy spotted looking very elegant wearing 10 rows of beautiful pearls? At a recent wedding.
Where are Dr Sameer and Rummy Azad celebrating their dad Dr Mahender Azad’s 85th bday? At the Sec’bad Club. Dr Azad was the go-to dentist for just about everyone in our city.
Why is Akhila Reddy now the new sought after face of brand promoters? Because she’s a local Hyderabadi girl, knows almost everyone in the city and is the ideal person to create the buzz about a pop-up exhibit or jewellery show and the likes. People say she gets much more traction than the influencers who wear the clothes/jewels for free but nothing converts into sales.
