Archive for December, 2007
« Previous EntriesNext Entries »Foot over-bridge at numaish may open on Jan. 15
Friday, December 28th, 2007The Greater Hyderabad Municipal Corporation (GHMC) is constructing a foot over-bridge (FoB) at the main entrance of the All-India Industrial Exhibition, popularly known as numaish, and plans to throw it open on January 15. The exhibition starts on January 1 and runs until February 15.
No end to traffic woes
Friday, December 28th, 2007Chaos reigned supreme in city streets this year and the situation is not likely to improve in the coming year. The city has more than 22 lakh vehicles and 600 are being added to this number everyday. There is no telling what will happen if all the vehicles come out to the roads at the […]
Blackstone-Eenadu Deal In Limbo
Friday, December 28th, 2007The $465 million investment by private equity major Blackstone in the Hyderabad-based Eenadu Group is in a limbo as the deal’s deadline is only a couple of days away and is yet to get the nod of Foreign Investment promotion Board (FIPB). The deal’s life as per original agreement entered into in January 28, ends […]
Unitech Plans A Realty Check In South India
Friday, December 28th, 2007Unitech, one of India’s largest real estate developer, is making an aggressive entry into the booming realty market in south. It is on the verge of announcing two joint development deals, involving over 1,400 acres of prime land in Hyderabad and Chennai.
HPCL Commissions Underground Cavern
Friday, December 28th, 2007Photo Courtesy: The Hindu
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FIRST OF ITS KIND: Maharishi Bharadwaj, the largest LPG tanker to ever enter India, unloading LPG to the HPCL refinery at Vizag port. The gas will be stored in the South-Asia’s first LPG cavern.
Tata Tele To Provide Fixed Line Services At International Airport
Thursday, December 27th, 2007GMR Infrastructure Limited on Thursday announced that GMR Hyderabad International Airport Limited (GHIAL), developer of the Rajiv Gandhi International Airport at Hyderabad, has awarded the fixed line services management contract to Tata Teleservices Limited (TTSL).
Huda fights to control parks
Thursday, December 27th, 2007The Hyderabad Urban Development Authority and Greater Hyderabad Municipal Corporation are fighting for control of city parks. Huda officials are vehemently opposing the GHMC’s move to control Lumbini Park, NTR Gardens and Saroornagar Park.
Building fines from Jan. 1
Thursday, December 27th, 2007A building penalisation scheme (BPS) will be the government’s New Year gift to urban dwellers. The BPS would extend to all illegal and unauthorised structures that came up in towns and cities across the state after 1985 with December 15, 2007, as the cut off date.
Jawahar Reddy inspects STP works
Thursday, December 27th, 2007HMWSSB Managing Director K.S. Jawahar Reddy asked the officials and the implementing agency to see that the work for the 172 Mld Sewerage Treatment Plant at Nagole be completed for trial run by March next year.
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.
HUDA wraps up 2007 on a satisfactory note
Tuesday, December 25th, 2007Photo Courtesy: The Hindu
New Year Gift: The Vittalwadi Park at Narayanguda is all set for inauguration for the new year.
As the year 2007 draws to a close, Hyderabad Urban Development Authority has enough reasons to feel satisfied.
Real estate boom fizzles out fast
Tuesday, December 25th, 2007The real estate boom which held sway in 2006 petered out in 2007. The poor response to auction of Kokapet lands in the third week of December was only the latest instance in the downswing.
Illegal structures on rise
Tuesday, December 25th, 2007More than 700 illegal constructions have come up around the city since 2002 and over 300 are under construction. The real-estate boom in the last few years and the rapid expansion of the city have led to the burgeoning of illegal structures, while unscrupulous builders have made a killing by cashing in on the heavy […]
Realty boom a bane for poultry industry
Tuesday, December 25th, 2007The real estate boom in north coastal Andhra Pradesh is having an adverse impact on the poultry industry.
Since the last two years, small and medium entrepreneurs have kept away from the business. Besides, the existing ones are selling their land for better prices, K Varahala Raju, chairman, National Egg Coordination Committee, North Coastal Andhra Pradesh, […]
New body to replace Huda
Tuesday, December 25th, 2007The Hyderabad Metropolitan Development Authority will come into being on January 2008. It will replace the Hyderabad Urban Development Authority. An ordinance will be promulgated by the state government constituting HMDA which will oversee 6,812.08 sq km including Nalgonda, Mahabubnagar and Medak districts.
Punjagutta junction noisiest centre in city
Tuesday, December 25th, 2007The city is teeming with vehicles and each day one gets to see more two-wheelers and four-wheelers added to the fleet. The sharp rise in the number of vehicles on the city roads, apart from throwing up snarls at almost every major intersection and affecting the ambient air quality also is a cause for escalating […]
Owners May Pay Heavy Price For ‘Illegal’ Flats
Monday, December 24th, 2007Thousands of people purchasing flats in unauthorized multistoreyed buildings coming up in various gram panchayats in and around the city may end up paying heavy penalty as regularizing fee.
HCU Plans MD Courses In 2 Years; Plans To Construct A Hospital In Campus
Monday, December 24th, 2007Medical students will soon be able to pursue a post-graduate programme in the University of Hyderabad.
The university plans to start an MD programme for medical students as part of the proposal under the XI five-year plan. These courses will be offered after two years.
The Flop Kokapet Auction - HUDA Needs To Come To Reality
Monday, December 24th, 2007The flop Kokapet land auction shows that nobody is in a huge rush to buy land at exorbitant prices, says IPSITA BHATTACHARYA I.
Land prices may be multiplying by the day, but the demand for property doesn’t seem to be as crazy, as the Hyderabad Urban Development Authority discovered recently. Their initiative of auctioning 100 acres […]
Central Library Set To Regain Its Grandeur
Monday, December 24th, 2007The State Central Library located at Afzalgunj in the city will soon get a makeover as authorities have decided to pump in Rs 2 crore to renovate the heritage structure and restore it to its pristine glory.
A Slice Of Luxury ‘n’ Nature
Monday, December 24th, 2007Photo Courtesy: Hindu
For connoisseurs: Located in Gachibowli, Ista features deluxe suites, picturesque restaurants and spa
‘Ista’ Hotel will undoubtedly be a zing thing for covetous youngsters, particularly the IT crowd, for it has been strategically located amidst all the big IT companies in the financial district at Gachibowli.
DMRC Finalises Report On Bangalore, Hyderabad High-speed Airport Link
Monday, December 24th, 2007Paving way for Karnataka and Andhra Pradesh for going ahead with construction of high-speed metro links to connect respective capitals with airports, Delhi Metro Rail Corp has submitted its detailed project report (DPR) to the state governments.
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