Archive for December 5th, 2007
HUDA to auction 100 more acres at Kokapet
Wednesday, December 5th, 2007The Hyderabad Urban Development Authority (HUDA) will auction another 100 acres of land in Kokapet, near the Golden Mile Project, for its Calibre SEZ.
Gayatri announces fin closure for Hyd ORR proj
Wednesday, December 5th, 2007Hyderabad Expressways Private (HEPL), promoted in consortium by Gayatri Projects as the lead technical member, has achieved the financial closure for its Hyderabad Outer Ring Road (ORR) project at an interest rate of 11% per annum.
Govt mulls repeal of ULCA
Wednesday, December 5th, 2007The state government is reportedly under pressure to repeal the Urban Land Ceiling and Regulation Act (ULCA), mandatory for the release of 75 per cent of the nearly Rs 7,000 crore funds assured to the state under JNNURM (Jawaharlal Nehru National Urban Renewal Mission).
Bidders cool to VUDA auction
Wednesday, December 5th, 2007The Visakhapatnam Urban Development Authority’s bulk land auction on Wednesday failed to evoke any response. Only for one plot, a lone bid of Rs.4.01 crore, Rs.1 lakh more than the upset price, had been made but was rejected.
Osmania University to set up BPO centre
Wednesday, December 5th, 2007Osmania University is setting up a Business Process Outsourcing (BPO) centre and an attached finishing school with the help of Nipuna, a sister-concern of Satyam group in order to equip students with the skills necessary for employment in the ITES sector.
Bio-diesel unit at Vizag
Wednesday, December 5th, 2007Southern Online Bio Technologies Ltd will set up its second bio-diesel unit at the multi-product SEZ near Visakhapatnam at a cost of Rs 90 crore.