Archive for November 30th, 2007
Rising rents hit middle class hard
Friday, November 30th, 2007Rents have increased by Rs. 500 to Rs. 5,000 owing to high income levels of employees in IT and ITES as also upgradation of city to A-1 status.
The sudden rise in house rentals in the recent times has come as a rude shock for many middle class families in the city and its suburbs.
No money for free land, GHMC tells railways
Friday, November 30th, 2007The Greater Hyderabad Municipal Corporation (GHMC) is digging into history to get the railways to part with prime land for free to widen the road from Sangeet Theatre to Tarnaka.
Households on rent build housing momentum
Friday, November 30th, 2007If shifting from rented to owned house is a key driver for demand for new housing units, three south Indian cities –– Bangalore, Chennai and Hyderabad –– emerge on top amongst the six big metros in the country.
India Inc thinks long-term, holds on to realty goldmine
Friday, November 30th, 2007India Inc is realising that it’s wiser to hold on to the goose that lays golden eggs, rather than to sell it, particularly if the price of gold is rising.
Turkish team keen on construction projects in State
Friday, November 30th, 2007A 17-member delegation from Turkey headed by the Governor of Denizli, Hasan Canopolat, has evinced interest in taking up construction projects in the country in general and State, particularly.
New rules for GHMC soon
Friday, November 30th, 2007The high-level committee drafting uniform rules for the old MCH area and surrounding municipalities has almost completed the exercise.
Over 14 lakh hectares of land in country encroached: Govt
Friday, November 30th, 2007Over 14 lakh hectares of forest area in the country has been encroached with Assam topping the list where 3,49,401 hectares of land has been illegally grabbed, the Rajya Sabha was told on Thursday.
Council nod for prepaid parking lots in city
Friday, November 30th, 2007The Greater Visakhapatnam Municipal Corporation meeting here on Friday approved a proposal to introduce intelligent parking through prepaid cards at 40 identified parking lots in the city.