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Chairman Profile
Chairman Message

Col.(Retd) Narne Ranga Rao 

Chairman & Managing Director

 
A word from the heart
 

War trophy : A T -59 Pakistani tank captured in enemy territory & driven back personally by Capt. (then) NARNE RANGA RAO during the 1971 INDO - PAK WAR

 

Dear Friends, 

It gives me immense pleasure to greet you and your family members a very happy and prosperous New Year 2006, on behalf of all of us at Narne Group.  May God Almighty shower his choicest blessings on you and your family members and grant you, peace, prosperity and tranquility in life. 

You will be glad to note that Hyderabad has recorded all round progress in all spheres and has been recognized as the most progressive city the world over. 

In order to ease the pressure on the main city, the Government has improved the commutation facility by introducing a metro rail system. The first phase has been completed and the second phase is in progress. The second phase will cover Bibinagar also, wherein our project East City is located. Andhra Pradesh has established world class games stadia all around Hyderabad and Secunderabad. The 32nd National Games were conducted in December 2002 and the Afro-Asian Games from 24th October to 1st November 2003.  Participants for these games from across the globe were all praise for the facilities as well as hospitality extended to them.  Hyderabad will also be hosting the World Military Games in 2007 and may also host the next Commonwealth Games in 2010. 

In the field of Information Technology, Hyderabad has captured a sizeable market. Industrial giants from abroad have established their units at Hyderabad.  Thus, the Hi-Tec city has been created and is growing rapidly.  All these improvements have created a fair amount of job opportunities and the influx of people to Hyderabad has been steadily increasing. This has created a demand for more residential accommodation. This demand has made Narne Estates, the leading real estate developer, to venture into the construction arena. We have undertaken the first housing venture at Medchal, a suburb of Hyderabad.

This project will provide flats, independent houses and commercial complexes. The infrastructure will be world class at affordable prices.  This project called Golden Heights Residency is abutting National Highway 7 with good commutation facilities, both rail and road, whereby one may reach the heart of the city in 25 minutes. 

This apart, we are introducing a project near Bibinagar, a suburb of Secunderabad, spread over 120 acres, named Jade Gardens. This is purely a farm house project and ideal for members who desire to have a break from the din of the city. We are providing members of this project with free club membership, at the existing club near the project, which has all facilities.

The Government of Andhra Pradesh in collaboration with few Singapore firms have commenced construction of 2000 flats on the Warangal Highway short of Bibinagar.  The construction has already commenced and all the flats have been booked by the intending purchasers. Thus, there is more activity on the Warangal highway. The members of East City will be happy to note that with the establishment of the multi modal rail system, Singapore Township coming up, Bharat Petroleum establishing their bulk petrol depot, the demand for land on this route is increasing and thus East City will certainly become the Chandigarh of the South in the near future. 

With this all round development taking place in and around Hyderabad, and the increasing demand for land for residential purposes, there is an immense potential of increased returns on investment in lands.  It is time for investment at Hyderabad in real estate properties and to earn manifold returns in a short time. 

I would like to assure all that Narne Estates will render loving care and concern towards all those who have come together by investing in various Narne Projects and assure them of manifold benefits on their investment. 

Once again, I wish you and your family “a Happy & Prosperous Near Year”.

With best wishes and regards, 

Col. (Retd.) Narne Ranga Rao
Chairman
Narne Group of Companies

  

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