Archive for October, 2006
« Previous EntriesPradeep’s Realty Search - A Google Custom Search Engine
Thursday, October 26th, 2006Google has recently launched ‘Custom Search Engine’ program and using it I have built my own search engine named “Pradeep’s Realty Search” - A Google-flavored specialized search engine for Real Estate. I built this search engine to better connect my blog’s users to the Real Estate information they are looking for. This search engine is […]
US Officials Inspect Heritage Structure For Housing Consulate
Sunday, October 22nd, 2006A team of US officials Monday inspected Paigah Palace, a heritage structure, which will house the US consulate here.
The officials from US embassy and consulate in Chennai went around the building located in Begumpet near the airport and had discussions with officials from the external affairs ministry and the Andhra Pradesh government.
An advance team comprising […]
Bangalore And Hyderabad Hold Most Costly Hotels In The World - A Sign Of Booming Outsourcing
Sunday, October 22nd, 2006American diplomats traveling on international missions stay in approved hotels. U.S. government survey finds that Bangalore and Hyderabad hold the costliest world-class hotels in the world. The third place goes to london and Paris jointly. Interestingly New Delhi comes sixth.
A hotel of average American standard costs in Bangalore cost around $300 a night – the […]
Govt To Ban Pre-Launch Offers In The Housing Sector
Friday, October 20th, 2006The government has decided to ban ‘pre-launch’ offers in the housing sector. The urban development ministry’s move will discourage property developers from taking consumers for a ride by locking up their money in properties that are far from complete. This will check speculation in property markets, too. In some cases, realty developers book advance money […]
Govt Plans A Carpet Bomb In Realty
Friday, October 20th, 2006Buying property will never be the same again if the government has its way.
If the proposed legislation is passed, space occupied by walls, terraces and porticos will come for free. The urban development ministry is considering to regulate property transactions by imposing a new system of calculating real-estate value on the basis of actual usable […]
58 Services Added To eSeva In Cyberabad
Thursday, October 19th, 2006People residing in the Cyberabad police limits need not go to a police station to obtain certificates, permissions or licences. Nearly 58 services will now be available through eSeva centres in the twin cities.
In a move to reduce interface between people and police, the Cyberabad police have extended their services—issue of permissions, renewal of licences, […]
SemIndia Chips To Roll Out In A Year
Thursday, October 19th, 2006The $3-billion SemIndia project, which was supposed to roll out its first chip by March 2007, has now delayed the roll out to June 2007 due to the hold-up of chip policy, say SemIndia officials.
According to SemIndia investors, the project cost can escalate to $6 billion on further delays. Investment in the SemIndia Fab is […]
Semiconductor Policy Likely This Month
Thursday, October 19th, 2006The semiconductor industry in India has been waiting with anticipation for the announcement of the semiconductor policy since February, when finance minister P Chidambaran mentioned it in his budget speech.
However, the policy has seen delays due to a stalemate between the Finance and IT ministries on the issue of the fiscal incentive package for investors […]
Hyderabad To Get Urban Entertainment Centre
Thursday, October 19th, 2006 A consortium with Pantaloon Retail (India) Ltd as the lead member would set up an urban entertainment centre project in the heart of Hyderabad, on a Build Operate and Transfer (BOT) basis.
The Andhra Pradesh Government has awarded the project to the consortia, which has formed GSG Construction Pvt. Ltd as the Special Purpose Vehicle […]
Hyderabad Varsity Plans Research Lab Clusters
Thursday, October 19th, 2006 The University of Hyderabad here may evolve into a major player in the research-led universities across the world by 2010 and offer tough competition to the leading global universities if it has its way.
The University has drawn a blueprint that involves setting up of clusters of research centres such as International Institute of Life […]
Dr. Rajashekar Reddy Firm On IMGB Land Cancellation
Thursday, October 19th, 2006The Andhra Pradesh Chief Minister, Dr Y. S. Rajasekhara Reddy, has asserted that the State Government would not give in to arm-twisting and that it would protect its interests at any cost.
Reacting to the threats held out by IMG Academies Bharata that it would move the court on cancellation of the land allotment to it, […]
Land Info System To Be Extended In AP
Thursday, October 19th, 2006 The Andhra Pradesh Government is set to prepare a detailed project report to replicate the success of the pilot land information system to cover the entire State.
Following a review meeting of the progress of the first such Integrated Land Information System pilot implemented at Nizamabad, by the Chief Minister, Dr Y.S. Rajasekhara Reddy, here […]
US IT Firm Opens New Campus In Hyderabad
Thursday, October 19th, 2006Kanbay International Inc, a US-based global leader in delivering end-to-end IT solutions, Wednesday opened its new software development campus at Gacchibowli in Hyderabad.
Inaugurated by Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy, the campus with world-class infrastructure has come up on 15 acres of land in the IT park.
To be completed next year with an investment […]
US To Set Up Consulate In Hyderabad By 2008
Wednesday, October 18th, 2006The US will set up a consulate here in early 2008 as part of measures to speed up the processing of visa applications, a top American official said on Wednesday.
As of last week, about 40,000 visa applications were pending with US missions across the country and efforts are on to clear them as quickly as […]
Mindspeed® Opens Design Center In Hyderabad
Tuesday, October 17th, 2006Mindspeed Technologies, Inc. (NASDAQ:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced the opening of its India Design Center (IDC) in Hyderabad. The new center will provide development and customer support for a broad range of Mindspeed communication products including the company’s flagship Comcerto™ voice-over-Internet Protocol (VoIP) processors.
“We are excited to […]
GHIAL To Provide Additional Facilities At The New Shamshabad Airport
Tuesday, October 17th, 2006GMR Infrastructure Ltd has announced that GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company, which is developing the international airport in Shamshabad, has decided to provide additional facilities at the new Airport for catering upto, 12 million passengers, by the Airport Commencement date, due in April 2008, to meet the growing demand […]
Final Notification On Greater Hyderabad
Tuesday, October 17th, 2006The Government of Andhra Pradesh has decided to issue the final notification on greater Hyderabad, merging the 12 surrounding municipalities and eight gram panchayats with the Municipal Corporation of Hyderabad (MCH).
The Municipal Administration Department has decided to issue final notices to the MCH and Gaddiannaram Municipality after a 10 month lull, informing them about the […]
Red Clay Court At Maheshwaram
Sunday, October 15th, 2006From September, 2006, its traditional art, architectural design, plantation development are all going to be brought together in a colorful kaleidoscope called the RED CLAY Court at Maheswaram. The DTCP approved venture, Red Clay Court is promoted by WestMount Projects.
Project Highlights:
1. RED CLAY Court links to major locations i.e. Maheswaram to Outer Ring Road at […]
48 SEZs To Create 4.5 Lakh Employment Opportunities In Andhra
Sunday, October 15th, 2006An estimated 4.5 lakh employment opportunities would be created through the 48 special economic zones (SEZs) coming up in Andhra Pradesh in the next two years.
The SEZs will create a conducive environment for investment and exports and rope in foreign and domestic firms, according to an official statement here today.
The Centre has approved 48 SEZs […]
Puppalaguda Lands Transfered To HUDA
Sunday, October 15th, 2006The State Government has decided to hand over the controversial Puppalaguda lands to the Hyderabad Urban Development Authority (HUDA) for disposal by conducting public auction subject to the outcome of the High Court orders.
Revenue Minister Dharmana Prasada Rao said that Ranga Reddy district collector was directed to ensure protection to these lands. It may be […]
HC’s Verdict Comes As A Relief
Sunday, October 15th, 2006Decks are being cleared for high- rise buildings, the permission for which was kept on hold for about six months, with the High Court giving a go ahead for issue of No Objection Certificate by the Fire Services Department for these structures. The HC in its judgement on October 9 said the NOC could […]
It’s Time To Pay Back For NRIs
Sunday, October 15th, 2006NOTE: This post is not actually related to Real Estate, but I wanted to post it here for it’s good message in it
Several migrants from the district living in the United States of America are actively sponsoring development activities in their native villages. The NRIs are keenly aware of the priorities of these villages and […]
Regulator For Real Estate Coming
Sunday, October 15th, 2006The Government is likely to introduce a bill in Parliament next year to set up a regulator in the real estate sector to protect the interests of customers and other stakeholders.
The Government will also pursue repeal of urban land ceiling act and reduction of stamp duty with State Governments by making them some of the […]
Shamshabad Airport Taking-Off In Style
Sunday, October 15th, 2006One thing you won’t miss at Shamshabad airport. Greenery. The landscape experts are taking care of that.
For an airport that promises to make others go green with envy when ready, what would be the landscape design be like? Green and more green naturally.
For the Hyderabad International Airport coming up at Shamshabad, GMR Hyderabad International Airport […]
Govt To Adopt A Cautious Approach On Fab City Project
Saturday, October 14th, 2006Even as the Central government is yet to spell out its Semiconductor policy, the state government is understood to have decided to limit the role of much hyped SemIndia in the proposed Fab City.
The decision to adopt a cautious approach with regard to SemIndia was taken after the state government realised the “technological and financial […]
HCU To ‘Grow’ Institutes To Save Land From AP Govt
Saturday, October 14th, 2006When the University of Hyderabad started off in 1976, Gachibowli was really the back of the beyond. Land prices were abysmally low, so the state government had no problem in allocating 2300 acres of land to the central university.
Building an institution is a gradual process, so the powers that be at the university started off […]
HCU land in SAAP Soup
Saturday, October 14th, 2006HYDERABAD: The Hyderabad Central University (HCU) is crying foul over the Andhra Pradesh government taking away university land in Gachibowli for putting up a games village for next year’s military games.
The ground breaking for this project was done on Tuesday by none less than chief minister Y S Rajasekhara Reddy.
The university’s contention is that the […]
10 SEZs To Boost City’s IT Dreams
Saturday, October 14th, 2006In what could propel Hyderabad into becoming the software capital of India, the government has proposed 10 IT Special Economic Zones (SEZs) that would offer IT and IT enabled services about 21 million sq ft of space with the promise of over two lakh jobs with all benefits.
All the 10 SEZs are to come up […]
Audi To Put Up Plant In Andhra Pradesh
Friday, October 13th, 2006German luxury car manufacturer Audi AG has decided to set up its own manufacturing facility in India and has selected Andhra Pradesh to put up the plant.
Earlier, Audi had planned sharing Volkswagen group’s sister concern Skoda’s Aurangabad plant for rolling out its cars in India. It was also contemplating using Volkswagen’s facilties once the latter […]
Reliance’s Retail Operations To Kickstart From Oct 18
Friday, October 13th, 2006Reliance will open the shutters on its retail plans in about a week, reports CNBC-TV18.
Its first store in Hyderabad spanning 27,000 square feet of store space will be inaugurated on October 18.
The store will sell fresh produce and dairy products. Sources say that 20 stores will be opened in Hyderabad by the end of the […]