Archive for September, 2006
« Previous EntriesThe Jam, The Wait, The BP…Explains The Need Of Outer Ring Road
Saturday, September 30th, 2006While many differ on the consequences of possible delayed execution of the Outer Ring Road Project, technical experts are sure of one thing.
“Till the road is completed, traffic chaos on the city’s internal roads will continue. In fact, it might worsen,” they say.
Among other things, easing traffic congestion and checking fatal road accidents on the […]
Kukatpally’s Realty Prospects - Scaling Those Dizzy Heights
Saturday, September 30th, 2006What was once a dusty, residential- industrial belt with pollution hazards in tow has now turned into a seller’s paradise. New road connectivity and consequent proximity to the cyber hub of Madhapur has made Kukatpally area a functional, dream home.
PHOTO COURTESY: D.GOPALAKRISHNAN
An unprecedented Information Technology boom coupled with rapid development of infrastructure in the […]
Allotment Of Land To IMG Bharata Cancelled
Saturday, September 30th, 2006Even as a legal dispute is on over land alignment for the Outer Ring Road project, the Government on Friday promulgated an ordinance to immediately take back the 855 acres assigned to M/s IMG Bharata by the TDP Government and ordered a CBI inquiry into the alleged irregularities in the allotment.
The decision to cancel the […]
Bhagyanagar India To Sell Hyderabad Land To RIL?
Saturday, September 30th, 2006CNBC-TV18 has learnt that Bhagyanagar India is set to reap in benefits from a land sale at Hyderabad. Sources say that RIL will buy 50% of Bhagyanagar India’s Gachibowli land in Hyderabad and the deal size is likely to be around Rs 70-80 crore.
The sources also say that the remaining 50% of land will be […]
Hyderabad`s Centre Of Attraction
Saturday, September 30th, 2006Barkha Shah takes a quick tour of the Hyderabad International Convention Centre and comes back feeling proud.
Wow! Is this Hyderabad?” That’s the response that the Hyderabad International Convention Centre (HICC) has been receiving from over 50,000 guests it has served in less than nine months time.
“In fact, the negative comments that we have received so […]
Swagruha Elite At Kothur
Friday, September 29th, 2006Swagruha Shelters Private Ltd is embarking on the company’s most prestigious project ever, termed Swagruha Elite - on completion it will be one of the most sophisticated and well-planned real estate projects of the twin cities of Hyderabad and Secunderabad.
Located on the 6-track Hyderabad-Banga ore National Highway NH – 7, Swagruha Elite grown bigger by […]
AP Govt Orders Probes Into Hyderabad Outer Ring Road Deals
Friday, September 29th, 2006Giving in to the demands of the opposition parties, the state government on Tuesday announced a judicial inquiry by a retired high court judge as well as a parallel inquiry by the CBI into the alleged land deals relating to the Outer Ring Road (ORR) Project in the Hyderabad metro region.
Announcing this at a press […]
Hyderabad Real Estate Prices Continue To Rise
Friday, September 29th, 2006Even in apartment complexes, amenities like a club house and often swimming pool are being provided.
An independent house for Rs 1.5 crore to Rs 3.3 crore and a flat for Rs 65 lakh to Rs 75 lakh?
Such prices were unheard of in Hyderabad a few years back.
However, today, these are the prevailing rates of individual […]
Hyundai To Finalise R&D Centre Plan In Two Months
Thursday, September 28th, 2006 Hyundai Motor India Ltd is likely to finalise plans for setting up an R&D centre in the country within two months.
The Managing Director of Hyundai Motor India, Mr H.S. Lheem, said that no decision has yet been taken with regard to the R&D centre as also the place of the centre. “We are evaluating […]
AP Dumps Farmlands, Bats For SEZs
Wednesday, September 27th, 2006HYDERABAD: Andhra Pradesh chief minister Y S Rajasekhara Reddy has categorically ruled out any review of the Special Economic Zones (SEZs) already cleared for the state, in the light of the latest concern on the use of agricultural land for industrial enclaves.
“There is no way we can avoid agricultural land, for instance in Kakinada, where […]
Vipul Ltd Planning An Integrated Township In Hyderabad
Wednesday, September 27th, 2006Vipul Ltd, one of north India’s real estate majors, on Tuesday announced its plan to invest about Rs. 500 crore over the next 30 months to develop 290 high-end villas in Gurgaon, spreading over 52 acres. It is also venturing out of the North and looking at projects in the South and West. Officially launching […]
Aviation Varsity Near Hyderabad Airport
Tuesday, September 26th, 2006The civil aviation ministry, along with the Director General of Civil Aviation, has issued in-principle clearance for an aviation university near the Hyderabad airport.
The university which is likely to come up on 700-acre of land near Hyderabad airport, is a joint venture between the Airports Authority of India (AAI) and the Andhra Pradesh government.
A […]
Documents For Home Loans - By: Kavita Sriram, Economic Times
Monday, September 25th, 2006A house is probably the biggest, the most expensive and the most exciting purchase, that any individual makes. However, the entire process of buying a house is a tedious journey. It commences with the search for the right property taking into consideration size requirements, neighborhood , building aesthetics, amenities and your financial constraints. After property […]
UAE Property Giants Target India, Including Hyderabad
Monday, September 25th, 2006Leading UAE-based firms, especially in the real estate sector, have joined the list of global companies, targetting investments in India in hotels, malls, healthcare, housing, IT Parks and integrated townships.
A booming economy and the huge middle class segment in India offers a lucrative destination for investors and several leading UAE real estate companies such as […]
Gopichand On Investor-Hunt For Sports Academy At Gachibowli
Monday, September 25th, 2006After keeping his sports academy plans dormant for about two years, former All England badminton champion and current national shuttle coach, Pullela Gopichand, is on a hunt for investors.
According to sources, Gopichand has already approached some investors at the TiE-ISB Connect 2006, which brought about 40 venture capital firms to the city.
While Gopichand kept tightlipped […]
GMR To Foray Into Realty, Aims Pan-India Presence
Monday, September 25th, 2006Infrastructure major, GMR Group today said it intends to venture into the residential and commercial development space beginning with Bangalore and Hyderabad, before expanding its footprint across the country.
The group is now scouting for partners who will bring in industry-specific skills to the table, company’s chief operating officer (property development) V Jayaraman told reporters here.
“In […]
Dews Ville
Sunday, September 24th, 2006Strategically located near IT hub of Gachibowli, Dews Ville is a premium value. It is just five minute drive from a multitude of IT gaints like Microsoft, Wipro, Infosys. The prestigious ISB and to prominent schools like Delhi Public School and Oakridge International School are in close proximity.
The icing on the cake is the proposed […]
Timberleaf …Resort Living European Style
Sunday, September 24th, 2006Timberleaf…Resort Living European Style
After the successful ventures Phoenix Port, West Brook Sierra and Romana County - Sreemitra Group is coming up with a new grand venture “TimerLeaf” comprised of Villas and Studio Apartments, close to the Shamshabad International Airport.
Villas, it’s a treat for your senses…again and again.
Look out for the unexpected, and you just might […]
Govt Plans To Check Property Prices
Sunday, September 24th, 2006The government is all set to plug valuation loopholes used by real estate developers to inflate project values.
Many developers, big as well as small, project a high value of a property by being hand-in-glove with valuers and raise more debt than actually required. The extra amount is then used by developers to finance their personal […]
The Big 92.7 FM Radio Channel To Be Launched Tomorrow
Sunday, September 24th, 2006The national rollout of the Rs 400-crore FM initiative of ADAG (Anil Dhirubai Ambani Group) will begin from the National Capital on Sunday. The Big 92.7 FM channel will then be launched in Hyderabad (September 25) and in Chennai (September 27). By October 15, the FM channel would have covered 9 cities (six metros and […]
Hyderabad Hi-Tech Textile Park In Limbo
Saturday, September 23rd, 2006 HYDERABAD: Promoters of the much-publicised Hyderabad Hi-Tech Textile Park (HHTP) are facing several difficulties in developing the necessary infrastructure for the venture.
More than two and a half years after the foundation stone was laid for the park, involving investment of over Rs. 415 crores, the promoters are still doing rounds of various Government departments […]
AP To Launch New Schemes For Entrepreneurs: Reddy
Friday, September 22nd, 2006The Andhra Pradesh government has said it would soon introduce schemes for entrepreneurs to help them in setting up their ventures.
The government would extend support to investors in removing procedural hurdles that are faced when starting new companies, Chief Minister Y S Rajasekhara Reddy said at the inauguration of `connect 2006′ that was organsied by […]
AEPC Plans Apparel Management Institute In Hyderabad
Friday, September 22nd, 2006The Apparel Export Promotion Council (AEPC) is planning to invest Rs 50 cr to set up an Institute of Apparel Management in New Delhi in three months. The move is aimed at creating managerial cadre professionals in the sector.
The council plans to open the institute in Hyderabad, Kolkata and Mumbai too in 2-3 years. It […]
Hyderabad’s Rs 12,000 Crore Makeover!
Friday, September 22nd, 2006Hyderabad is in for a Rs12,000-crore makeover. In the next three years, the Hyderabad Urban Development Authority hopes to change the face of this city with big-ticket infrastructure development, reports CNBC-TV18.
It will get to work on its pet project on the Outer Ring Road and two residential townships on it. Besides, it will construct a […]
Help Three People …And Ask Them To Help Three People Each !!!
Thursday, September 21st, 2006“Help three persons in need and in turn, ask them to help three needy persons each. This not only gives you immense satisfaction, but also helps the society on a scale which we cannot even imagine….spreading the humanity everywhere” .. is the message of the movie STALIN.
Today I watched the movie Stalin. It is a […]
After IT, Realty Boom In Hyderabad
Tuesday, September 19th, 2006The city of pearls will now have a Golden Mile, literally. In this stretch of land (golden mile) on the city’s outskirts, star hotels, high-end residential complexes and corporate offices will come up soon. The state government made a neat Rs 705 crore by auctioning this state-owned land to private developers.
Now, over a month old, […]
Govt Plans Exclusive Pharma SEZ
Tuesday, September 19th, 2006 HYDERABAD: In an effort to check the flight of pharma investment to some northern states to gain tax benefits, the state government is planning to develop an exclusive pharma special economic zone (SEZ) at Jadcherla in Mahabubnagar district.
The SEZ will be planned in about 1,000 acres, though the initial allotment will be in about […]
Hi-tech Textile Park Planned Near Hyderabad
Tuesday, September 19th, 2006Carrera Holdings, Italy, has set up a textile co-ordination centre (textile service cluster) while Vinci-Picanol of Belgium has extended a helping hand to the Indian textile sector to be better prepared in facing global competition.
The textile co-ordination centre in Mumbai would help create the resources and capabilities to build the core competencies needed to develop […]
Bloomfield Ecstasy (Gopanpalli) and Bloomfield Elation (Nankramguda) Launched
Monday, September 18th, 2006“The twinkling neons of San Fransisco. The boulevards of Paris. The star-kissed skyscrapers of Kaula Lumpur. The statuesque villas of Spain…..The global Indian is an entity who takes the best for granted.
We understand. Which is why we have created something equally magical for him in Hyderabad. Witness the rise of a new world of […]
Pantaloon Retail Launching Mega Retail Store Chain "Brand Factory" In Hyderabad
Friday, September 15th, 2006Kishore Biyani is opening a new front for his retail empire. Tracking the emerging opportunities in value fashion retailing, Mr Biyani is set to unveil Brand Factory, positioned as a mega discount store chain offering fashion brands at factory prices.
This large format store chain’s national roll out is being kicked off from Bangalore and Hyderabad. […]