Archive for December 26th, 2007
HUDA mulls changing its track with regard to land auctions
Wednesday, December 26th, 2007The Hyderabad Urban Development Authority is thinking of changing its tack with regard to land auctions.
With the slump in the real estate still continuing and depreciation of dollar having brought down the demand for commercial space for IT units, the response to the recent auctions by HUDA has been lukewarm, be it the auction for […]
Real estate investment products coming soon
Wednesday, December 26th, 2007The decks have been cleared for the launch of the real estate investment products in the market, the SEBI Chairman, Mr M. Damodaran, told Business Line here today.
Township project embroiled in controversies Spotlight
Wednesday, December 26th, 2007Controversies, contradictions, violations, protests and legal wrangles have mired the Ambapuram Township project from the very first day it was conceived by the Vijayawada Guntur Tenali Mangalagiri – Urban Development Authority (VGTM UDA) in 2006.
Realtors’ dream site
Wednesday, December 26th, 2007Ambapuram village is now a favourite destination for real estate agents.
Ambapuram, the village where only coriander used to be cultivated until a couple of decades ago, is now a favourite destination for many real estate agents and, of course, the Vijayawada Guntur Tenali Mangalagiri – Urban Development Authority (VGTM-UDA).
FoBs not on the right track
Wednesday, December 26th, 2007After building foot over-bridges spending crores, the Greater Hyderabad Municipal Corporation is going to demolish many of them for the metro rail. It is learnt that the GHMC, formerly the MCH, had undertaken the construction of foot over-bridges though it was aware that the metro rail would literally run through them.
Singapore Township road divides village
Wednesday, December 26th, 2007The state government may be taking pride in having the Singapore Township to its credit, but the township has certainly left adjacent villagers in low spirits. Annojiguda villagers are up in arms against the Andhra Pradesh Housing Board for constructing the approach road to township, virtually dividing the village into two, with no direct access […]
Pride Hotels to enter Hyderabad
Wednesday, December 26th, 2007Mumbai-based Pride Hotels is in advanced negotiations with the developer of a newly-built 90-room hotel in Hyderabad for managing and marketing the same under its no-frill Pride Biznotel brand. This will also mark the company’s foray into Hyderabad. Besides, it plans to set up its own 5-star hotel in the city in the near future.
Govt to sell ’sick’ airport
Wednesday, December 26th, 2007Contrary to its earlier plans to convert the Begumpet airport into a training centre or a remote check-in point for travellers once the Shamshabad airport becomes functional, the state government is now toying with the idea of developing, leasing or even selling it after the airport shuts shop in mid-March.
GHMC makes RTI money spinner
Wednesday, December 26th, 2007Government bodies are devising ingenious ways to discourage lay people from using the powerful Right to Information (RTI) Act. In the latest instance, the Greater Hyderabad Municipal Corporation (GHMC) has asked an applicant to pay a whopping Rs 1.29 lakh for seeking a certified copy.