Archive for August, 2006
« Previous Entries"Dream Hotel" Brand Enters Hyderabad & Other Metros
Thursday, August 31st, 2006Prominent Indian American Indian hotelier and NRI entrepreneur Sant Singh Chatwal is now planning to pump in Rs 1,000 crore ($215 million) to set up a chain of boutique hotels under his “Dream Hotel” brand in five Indian cities and hopes to have at three least up and running less than two years from now.”We […]
ITC Opens Choupal Fresh’s First Fresh-Farm Produce Store In Hyderabad
Wednesday, August 30th, 2006Godrej has done it, Reliance plans to do it, and so do the Birlas. Now Indian Tobacco Company (ITC) has opened its first farm-fresh produce store in Hyderabad.The 2,500 square-foot ITC store in Hyderabad combines retail with wholesale. Choupal Fresh’s first store, with its own cold chain, opens at 0500 hrs IST every day to […]
Microsoft’s New Building Inaugurated At Hyderabad Campus
Wednesday, August 30th, 2006Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy Wednesday inaugurated here the second phase of Microsoft campus that reflects the IT major’s continued commitment to India.The new facility of 395,000 square feet, which was completed in a record time of 13 months, has come up at the 50-acre campus at Gacchibowli.
The campus, which can seat 3,000 […]
Godrej Properties Eyes Hyderabad, May Sign Deal Soon
Wednesday, August 30th, 2006Godrej Properties, the real-estate arm of Godrej group, is planning to enter Hyderabad. It is in advanced stage of negotiations with Bhagyanagar (earlier known as Bhagyanagar Metals), promoted by Surana group, to take over 12 acres in Hyderabad or form a JV, to develop the property market.When contacted by ET, a senior Godrej official said […]
HC To Huda: Maintain Status Quo On Kokapet
Wednesday, August 30th, 2006A division bench of the Andhra Pradesh High Court on Monday directed the State government to maintain status quo on Kokapet lands which the Hyderabad Urban Development Authority (Huda) recently auctioned for Rs 703 crores. The court said the order will not preclude the successful bidders from depositing the bid amount as per the terms […]
Suven Life Sciences To Build New Discovery Site At Nandigama Village On The Outskirts Of Hyderabad
Wednesday, August 30th, 2006Suven, Eli Lilly Ink Deal
HYDERABAD: Global drug major Eli Lilly has chosen city-based drug discovery company, Suven Life Sciences, to conduct pre-clinical research for a nervous system disorders (CNS) drug, with the goal of identifying potent, oral compounds that selectively modulate the specified G-Protein coupled receptor for the target CNS disease.Eli Lilly will make upfront […]
AMD Plans $500 mn In SemIndia SEZ (Fab City Project)
Wednesday, August 30th, 2006Fab City Gets Even More “Fab”ulous
World’s second largest computer chip maker Advanced Micro Devices is planning to invest about $500 million in SemIndia’s proposed chip manufacturing facility near Hyderabad.AMD will invest $500 million in SemIndia’s Special Economic Zone for making silicon chips that would require a total investment of up to three billion dollars, official […]
Nita Ambani Designing Reliance’s "Feel Fresh" and "Feel Fresh Plus" Stores
Wednesday, August 30th, 2006The next one week is going to decide a lot of things as far as Reliance Industries’ entry into the retail business is concerned. While it is well known that the retail juggernaut will begin from Hyderabad next month with two kinds of stores, little has been said about the branding, design and the layout […]
Aliens Valley at Gachibowli
Monday, August 28th, 2006Luxury homes, stunning apartments, abundant landscaping, convenience stores, cafes, club house with gymnasium facilities, basketball & squash courts, snooker/pool table, swimming pool and more make Aliens Valley a neighbourhood full of character and alive with interest.Aliens Valley is Cyberabad’s new address to world-class living offering amenities to suit the most discriminating buyers. Situated in easy […]
Hyderabad Attractions - Paradise Restaurant
Monday, August 28th, 2006Paradise Restaurant… Hmmm… Mouth-Watering Hyderabad Biryani ..!!!
Ask Any one in Hyderabad, where to get a nice Biriyani, the most common answer is Paradise! Paradise is a Restaurant Situated in Secunderbad which is Known for the Biriyani it serves. This is the place to go if you want to taste authentic Hyderabad Biryani. The quantity and […]
The Nuances Of Law With Regard To Taxation Of Self-Occupied Property
Monday, August 28th, 2006The taxation of “Income from House Property” is an example of notional income being charged to tax under the Income-tax Law. The most interesting aspect of taxability under this head is that the tax is imposed irrespective of whether the property is let out or whether in reality any income is earned or not. At […]
Can The Landlord Seek To Occupy His Own House?
Monday, August 28th, 2006Krishna, the owner of a two-bedroom house in a Municipal town has leased it out to Ramesh. The tenancy was running peacefully for over a year. Suddenly Krishna found it essential to shift to his own house as it was located nearer to the school where his two children studied. It was also more convenient […]
Hyderabad Attractions - Golconda Fort
Monday, August 28th, 2006Golconda Fort - Home Of Diamonds
Golconda fort is one of the most magnificent fortress complex in India which lies on the western outskirts around 11km from Hyderabad, the capital of the state of Andhra Pradesh.
The history of Golconda Fort dates back to the early 13th century, when this south eastern part of the country was […]
Singapore-Based Ascott Group Plans To Develop "Serviced Residences" In Hyderabad, Chennai and Bangalore
Saturday, August 26th, 2006Singapore-based Ascott Group, the biggest serviced-apartment operator in Asia, has inked a master development plan by teaming up with the Chennai-based privately held Indian conglomerate, Rattha Group to acquire and develop seven `serviced residences’ across India by 2010. Together, the partners will invest more than S$340 million in the four southern states of Tamil Nadu, […]
"C R Travels" Plans To Setup 3 Five-Star Properties
Saturday, August 26th, 2006C R Travels, a Mumbai based travel agency specialising into inbound, outbound and domestic tours and part of Kamala Group, have announced plans to venture into the hospitality business and will be setting up three five star hotels in the next three years. The properties will come up in Mumbai, Goa and Hyderabad and C […]
Uppal Municipality: The First Municipality To Have Total Underground Sewerage Network
Friday, August 25th, 2006Uppal Municipality is on the threshold of becoming the first municipality in the State to have total underground drainage system in place, excluding the municipal corporations.Barring a few colonies in Ramanthapur, works on the underground sewerage network and subsequent to the relaying of dug up roads is complete in Habsiguda, Uppal and most of Ramanthapur.
The […]
Singapore Keen To Invest In Indian Metro SEZs
Friday, August 25th, 2006Singapore is eyeing cities like Hyderabad, Chennai and Mumbai for developing special economic zones (SEZs). It is also looking at collaborating with educational institutions in India for student exchange programmes.A Singapore Infrastructure Mission delegation led by Gan Kim Yong, minister of state for education and manpower, government of Singapore, visited the aforesaid cities to study […]
One More IT Park and SEZ Coming Up At Gachibowli
Friday, August 25th, 2006Hyderabad-based ISO 9001-2000 Certified Company, Bhagyanagar India Limited(BIL) (Previously known as Bhagyanagar Metals Limited) is developing land in Hyderabad to set up IT parks. It also plans to set up an Special Economic Zone(SEZ). With this project the company will be fully diversified into a real estate and infrastructure development activity.
BIL is developing the Gachibowli […]
Hyderabad-Based Indian School Of Business Forays Into Real Estate Research
Friday, August 25th, 2006HYDERABAD: Thanks to the ongoing real estate boom across the country, the Indian School of Business has announced setting up of its first research chair for `real estate and urban studies.’To be part of the Wadhwani Centre of Entrepreneurial Development (WCED) of the ISB, the research chair is sponsored by the city-based Indu Projects Ltd., […]
It’s Now or Never In Hyderabad Realty Mart
Friday, August 25th, 2006With Hyderabad being the latest destination for MNCs, corporates and educational institutes of repute , real estate rates are growing at an exponential rate. However aspiring house owners are confused: is it the right time to buy/build a house and reap the rewards or will the price bubble burst and leave them at a loss? […]
JP Morgan Asset Management: Mulling Joint Ventures With Real Estate Developers
Wednesday, August 23rd, 2006Arvind F Pahwa of JP Morgan Asset Management’s Real Estate Division says that they are looking at realty opportunities in the retail and hospitality sector and their real estate fund will focus on areas in Hyderabad, Pune, Vizag, Surat and Chandigarh.
He adds that they may not invest directly into SEZs and the growth seen in […]
Govt Mulls Real Estate Watchdog
Monday, August 21st, 2006REAL estate agents trying to palm off property whose ownership is a tangled mess of court cases among uncles, aunts and an army of cousins of the alleged seller will soon turn into yesterday’s nightmare . In a bid to protect consumers, the urban development ministry is planning to create a statutory regulator for the […]
NAVA Bharat Ferro Alloys Ltd To Setup An IT/ITES SEZ In Hyderabad
Monday, August 21st, 2006Nava Bharat Ferro Alloys Ltd, manufacturer of Ferro Alloys and also into Power and Sugar sectors which has changed it’s name to “Nava Bharata Ventures Limited”, has floated a new venture Brahmani Infratech to set up an SEZ for IT and ITES businesses.
Brahmani Infratech has been alloted 250 acres of land by AP Govt to […]
Malaysia Proposes To Build All-India Expressway
Saturday, August 19th, 2006The Malaysian government will submit a detailed proposal for building an ‘all-India express highway’ to Prime Minister Manmohan Singh in the next few months. A part of the total investment required for the project would be provided by Malaysian companies, S Samy Vellu, minister for works of the Malaysian government, said today.
The idea of an […]
YSR Allots Plots To ORR-hit Ryots
Saturday, August 19th, 2006HYDERABAD: Chief minister Y S Rajasekhara Reddy may be putting up a brave front telling his officials not to bother about opposition criticism.
But on the eve of the Assembly session, the YSR government decided in principle to allot a 500 square yard Hyderabad Urban Development Authority (Huda) developed plot to each farmer who will lose […]
ORR: Court Stays Land Acquisition For ORR 2nd Phase
Saturday, August 19th, 2006*** Proceedings for Musi beautification project also stayed*** Petitioners maintain ORR alignment was altered 114 times to favour “powerful” persons
HYDERABAD: The High Court has stayed further proceedings pursuant to the land acquisition notifications issued after the change in alignment of the Outer Ring Road (ORR) project at Kandlakoya village in Medchal mandal for two weeks.
The […]
Hyderabad Real Estate Prices - Up, Up and Away
Friday, August 18th, 2006There’s only one way land prices are going - up. And even a 100 km away from the city, the clamour for buying land continues…
Realtors in the city have now turned their attention to land on the outskirts. In a new definition of distance, 80-100 km away from the heart of the city is no […]
HUDA invites bids for Secunderabad bus terminus
Friday, August 18th, 2006HYDERABAD: The proposal to build a bus terminus-cum-business centre on the old Gandhi Hospital land to ease traffic congestion around Secunderabad railway station area has moved to the next step, five months after officials from various agencies conducted a joint inspection. The State Government has appointed Hyderabad Urban Development Authority as the executing agency for […]
"MyTVS" - An Used-Car Sales and Integrated Car Services Brand Launched
Friday, August 18th, 2006MyTVS, an independent, multi-brand aftermarket integrated car services brand is launched by T. V. Sundaram Iyengar & Sons Limited, parent company of TVS group, in Hyderabad on Thursday.
Initially, the company will be offering quality used car sales and collision repair services. However, all car services and 24X7 emergency services will soon follow. In Hyderabad, the […]
Reliance Retail Unviels Mega Retail Plans - Plans to Build An Indian Version Of "Wal-Mart"
Friday, August 18th, 2006India’s biggest private company Reliance Industries had kicked off its Rs 25,000 crore mega retail plans, by aiming to launch its first store in the souther city of Hyderabad next month, which will be a vegetable and food store. This is a part of a plan to build an Indian version of “Wal-Mart”, the world’s […]
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