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Archive for December 7th, 2007

GMR plans airport shuttle

Friday, December 7th, 2007

For those fazed by the distance to the new airport at Shamshabad and traffic enroute, the GMR group has decided to launch shuttle services from 15 locations in the twin cities. Those who are willing to pay a bit more can ride radio taxis run by GMR.

House prices to hit the roof

Friday, December 7th, 2007

Registration of sale, construction and development agreements with general power of attorney clause has become an expensive affair with the state government removing the ceiling limit on stamp duty.

Plotting on outer outskirts

Friday, December 7th, 2007

Those who could not capitalise on the real estate boom are now looking for a plot in newer and emerging areas at a small cost expecting good returns in future, says T. Lalith Singh
When the city grows, its boundaries start stretching. They turn elastic and in ever widening circles start encompassing more and more space.

Apollo Health City eyes more foreign patients

Friday, December 7th, 2007

Apollo Health City, the first health city in Asia launched by the Apollo Hospitals Group in Hyderabad, expects the inflow of foreign patients into its campus to double by the end of this financial year, as against the expected annual growth of 20 per cent nationally, according to its chief executive officer Hari Prasad.

‘Household savings: Banks trail realty, gold in appeal’

Friday, December 7th, 2007

Despite their expanding reach, banks still need to tap a larger share of household savings in India and compete with lucrative investment options such as real estate in the process, if the findings of a study by McKinsey & Company are any indications to go by.

City gets Rs 3,000cr budget

Friday, December 7th, 2007

The Greater Hyderabad Municipal Corporation will spend Rs 1,034.67 crore on urban community development in the 1,500 slums within its precincts. The programme involves housing, poverty alleviation and development of infrastructure.

High-rises in line of fire

Friday, December 7th, 2007

The AP Fire and Emergency Services (APFES) has taken up prosecution of more than 120 multi-storeyed building owners in the city for violating fire safety norms.

Eisai unit coming up in Pharma City

Friday, December 7th, 2007

Eisai Pharmatechnology and Manufacturing Private Ltd. (EPM) on Thursday celebrated its ground-breaking ceremony held earlier this week for new manufacturing and research base in India on a 50-acre plot in Jawaharlal Nehru Pharma City Special Economic Zone near here.

Vitesse to invest $3 million in IDC

Friday, December 7th, 2007

US-based semiconductor company, Vitesse, announced here on Friday plans to ramp up its India Design Centre (IDC) here by investing US $ 3 million this year.

Relief for ‘cheated’ middle class

Friday, December 7th, 2007

Seize the opportunity: The Compulsory Disclosure Scheme will cover illegal layouts along with illegal constructions in Hyderabad, Vijayawada and Visakhapatnam.
Building Regularisation Scheme was on everyone’s mind even if the Government had informed the High Court a decade ago that it was a one-time plan.

Let the sun brighten your home

Friday, December 7th, 2007

Apart from heating water, solar energy can be used for a variety of purposes like lighting up your home to powering the air conditioner, says Swathi. V

Go solar: There is a wide variety of solar water heating equipment ranging from Rs.15,000 to Rs.70,000.
Winter usually comes with its custom tariff of increased electricity consumption.

Special Report: Malls Are Fast Emerging

Friday, December 7th, 2007

Malls are fast emerging as temples of modern retail revolution and even space constraints and adverse state policies will not be able to stem the tide. Prabhakar Sinha reports.
Despite opposition from a section of retailers and the decision of state governments like Uttar Pradesh to ask for the closure of organised retail outlets, particularly […]

Godavari Waters To City May Be Delayed

Friday, December 7th, 2007

Bringing Godavari waters to city may be delayed by at least six months as the Detail Project Reports (DPRs) on its feasibility was not yet submitted by the Pune-based Water and Power Consultancy Services Limited (WAPCOS).

Hotel Green Park Wins ‘AP Tourism Award For Excellence’

Friday, December 7th, 2007

Green Park, Visakhapatnam was recently awarded the ‘AP Tourism award for Excellence’ in the four star category hotel in the AP region, for the third time running, while Green Park, Hyderabad was awarded the same award at the state level.

Hampshire Hotels & Resorts To Evolve New Brands In India

Friday, December 7th, 2007

The New York-based hotel management company, Hampshire Hotels & Resorts (HHR), founded by Sant Singh Chatwal, has made its debut in the Indian market, with its first property under the Hampshire Plaza brand in Hyderabad recently.

Global Training Institute For Tour Operators Soon

Friday, December 7th, 2007

To meet the demand of qualified manpower in travel sector and to improve its services on par with global standards, United Federation of Travel Agents Associations (UFTAA) will start global training institute and bring in the Global Certification concept.

Knowledge Park To Come Up At HCU

Friday, December 7th, 2007

Interaction between the industry and academia in the state is low. Still lower is the exchange of ideas between the government and the institutes of higher learning, particularly in the field of research and development in advanced technologies.

HUDA To Strike Land-For-Land Deal

Friday, December 7th, 2007

Mankhal farmers seem to have showed the way in solving the knotty issue of compensation to be paid to the owners losing their land to Huda projects. With cash compensation not finding favour with land owners, the Hyderabad Urban Development Authority has reportedly decided to offer land for land instead of cash compensation.