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Archive for January 3rd, 2008

SEZs, new airport, retail boom to trigger realty growth in Hyderabad

Thursday, January 3rd, 2008

After a lull, it is going to be a real big opportunity for the real estate sector in the State Capital again.
Consider this. Of the 54 SEZs (special economic zones) notified in Andhra Pradesh, 39 are coming up in and around Hyderabad. The fact that 90 per cent of them would be in IT, ITeS […]

Kenexa Vizag facility inaugurated

Thursday, January 3rd, 2008

The branch of Kenexa was inaugurated on a hill at Rushikonda near here on Thursday by the Chief Minister, Dr Y.S Rajasekhara Reddy. He said that it would initially hire 250 employees and the number would swell to 2,500 or so in the next three to five years. He reiterated the commitment of his Government […]

PM promises world-class educational institute in Vizag

Thursday, January 3rd, 2008

Prime Minister Manmohan Singh promised a world-class educational institute for the Visakhapatnam region.
Addressing women self-help groups at Visakhapatnam today, he said the UPA government was planning to set up a top-class educational institute in all blocks of the country, and one of them would come up in this region.

SC admits Jayabheri petition on ring road

Thursday, January 3rd, 2008

The Supreme Court on Thursday extended its earlier stay on the construction of the Outer Ring Road in Hyderabad while admitting a special leave petition by Jayabheri real estate group and eight others opposing its realignment.

Rubber dam across Musi

Thursday, January 3rd, 2008

Two rubber dams, one near the High Court and the other opposite Salar Jung Museum, will be erected across the Musi to impound fresh water all along the year. The proposed plan includes 20 m wide pathways on both sides of the river bed where one can have a stroll, playground for children and a […]

ORR connectivity to airport soon

Thursday, January 3rd, 2008

Efforts on to complete work on 4-lane stretch by March-end
HUDA and Outer Ring Road authorities are literally racing against time to provide connectivity to the International Airport at Shamshabad to be inaugurated on March 16.

Real Estate Destinations 2008 - The show goes on…

Thursday, January 3rd, 2008

Indian real estate today, the only constant is change. Hot destinations of the last year are not assuredly the best options this year, and the next year brings its unique set of emerging investment destinations with it.

AP hits four, Centre will not denotify SEZs in Goa

Thursday, January 3rd, 2008

The Centre on Wednesday gave final clearance for three Special Economic Zones in Andhra Pradesh and okayed another in principle, taking the number of SEZs in the state to 54. It also said that the three notified SEZs in Goa cannot be denotified despite the decision of the Goa Chief Minister, Mr Digambar Kamat, to […]

Sri Chaitanya to set up schools

Thursday, January 3rd, 2008

Plans 4 schools in Hyderabad, 2 each in Vijayawada, Vizag
After literally capturing the Intermediate education market, Sri Chaitanya group has now set its eyes on the growing school education market and plans to start eight schools that will be functional from the coming academic year.

4,000 MW power project proposed at Masula

Thursday, January 3rd, 2008

Impressed by the cooperation extended by Andhra Pradesh in respect of the ultra mega power project (UMPP) at Krishnapatnam in Nellore district, the Union Government has proposed a second UMPP with 4,000 MW installed capacity at Machilipatnam.

Stone laid for mega mall

Thursday, January 3rd, 2008

 The Chief Minister, Dr. Y.S Rajasekhara Reddy, on Wednesday laid the foundation stone for a mega shopping complex and mall opposite the Visakhapatnam Urban Development Authority office. Vaibhav Skyscapes Private Ltd, of the Vaibhav group, will build the 1,60,000 sq. ft V-shaped mall on BOT basis with VUDA at a cost of Rs 20.05 crore.