Archive for November 16th, 2007
Nagarjuna residency offers a perfect home
Friday, November 16th, 2007If a reputed company that pioneered infrastructure development in State and elsewhere for more than two decades, embarks on a residential project, it is bound to generate interest and raise expectations.
600 new vehicles join city roads everyday
Friday, November 16th, 2007The Government on Friday stated in the Legislative Council that with about 600 new vehicles being added every day and a whopping 22 lakh vehicles using the roads, choc-a-bloc, growth of vehicular traffic in the twin cities of Hyderabad and Secunderabad was the highest in the country.
‘NH-9 will be made six-lane in future’
Friday, November 16th, 2007The Hyderabad-Vijayawada section of the National Highway No. 9 will be converted into a six-laner in the future, Union Minister S. Jaipal Reddy has announced.
Average age of house buyers drops
Friday, November 16th, 2007Owning a house at the age of 30 is no longer improbable, given the rising income levels among today’s youth who prefer purchasing a house than shelling out money on high monthly rentals, a study by Assocham has said.
Institute of Creativity coming up in Hyderabad
Friday, November 16th, 2007The Union Ministry of Science and Technology will set up an institute to foster creativity in science and technology in Hyderabad.
Prajay Engineers` arm gets FDI commitment for Hyderabad projects
Friday, November 16th, 2007Prajay Engineers Syndicate announced that Prajay Holdings, a 100% subsidiary of the company, received a commitment of foreign direct investment (FDI) to the tune of Rupee equivalent of USD 36 million for one of its prime projects at Hyderabad, where a development of around 40 lac square ft has been planned by the company.
Banjara Hills tops rental market
Friday, November 16th, 2007Hot property: The demand for space in Banjara Hills, Jubilee Hills and Begumpet supercedes the supply, according to the report.
HDFC Property Show Attracts 30 Developers
Friday, November 16th, 2007Photo Courtesy: Times Of India
Over 30 developers with around 100 projects are participating in a three-day property exhibition being organised by HDFC called ‘Mana Illu’ that began on Friday at Sarath Palace, Kothaguda ‘X’ roads.
VUDA invites objections on proposed layouts
Friday, November 16th, 2007The Visakhapatnam Urban Development Authority (VUDA) has invited objections and grievances regarding ownership or title disputes, if any, of the lands proposed for layout development and change of land use proposals submitted by private firms and individuals.
Good news for prospective buyers
Friday, November 16th, 2007Locality is good and the builder appears quite friendly. The price is steep but not outrageous as in some ‘glamorous’ parts of the twin cities. The deal is fixed even before the first floor slab is laid because “the price increases at stage of the construction”, as pitched in by the “helpful” builder.
Most areas in city to have underground drainage
Friday, November 16th, 2007A major portion of the city will have underground drainage in the next two to three years providing citizens freedom from open drains and related health and sanitation problems.
Fab India land cut by 150 acres
Friday, November 16th, 2007The Fab City project will come up in 1,050 acres at Raviryal and Srinagar villages in Ranga Reddy district and not in 1200 acres as announced by the state government earlier.
Hyderabad, Chennai & Bangalore witness high rental growth: Retail survey
Friday, November 16th, 2007Hyderabad, Chennai and Bangalore have witnessed the highest high-street rental growth across India, according to a retail survey by real-estate services firm, Cushman & Wakefield.
SAP plans expansion in State
Friday, November 16th, 2007SAP, the largest enterprise resource planning (ERP) software provider, will open four ‘SAP Business One’ learning centres in the city next year, while it has already opened one such centre each here and in Visakhapatnam.
Krishnapatnam port first phase to be ready by June
Friday, November 16th, 2007When the Rs 8,000-crore Krishnapatnam port in Nellore district is completed fully in 2011-12, it is going to be a major container hub, where the big mother ships could anchor, offload their cargo onto smaller ships.
Site for specific SEZ tentatively finalised
Friday, November 16th, 2007A high-level team that visited Krishna district on Wednesday and Thursday to select the location for an “exclusive value-added marine products Special Economic Zone (SEZ)” tentatively finalised a site of 260 acres in the limits of Karagraharam village near Machilipatnam from a list of a few shortlisted places.
2 more railway platforms to be ready by month-end
Friday, November 16th, 2007Visakhapatnam Railway Station will have the pride of having the highest number of railway platforms in the entire East Coast Railway (ECoR) zone and north coastal Andhra Pradesh
New DRDO bait to lure NRIs, over 500 freshers
Friday, November 16th, 2007Performance-linked pay and perks; contracts, soft skills and leadership assessment: some of the new recruitment baits for the country’s defence scientists sound so businesslike that they may have come from corporatedom.
Tenders for 5 junk stations not yet issued
Friday, November 16th, 2007Almost a year has passed since the Greater Hyderabad Municipal Corporation (GHMC) proposed to construct five garbage transfer stations in surrounding municipalities, but the Rs 10-crore project is yet to take off.