Archive for February, 2008
Next Entries »Infinite India invests Rs 600cr in Maytas Properties
Tuesday, February 5th, 2008Hyderabad-based Maytas Properties Limited on Tuesday announced that Infinite India Investment Management, a real estate investment fund, has invested Rs 600 crore ($150 million) in some of the company’s upcoming projects.
Is real estate market slowing down?
Sunday, February 3rd, 2008A slowdown will help long-term growth
The momentary uncertain economic scenario, slowdown in export-driven industries, high interest rates and lacklustre credit growth in the real estate markets have raised the question of a slowdown in real estate market in India.
Parking complexes on the anvil
Sunday, February 3rd, 2008A special purpose company (SPC) will be formed by the Greater Hyderabad Municipal Corporation (GHMC) to develop multi-level parking complexes at 11 municipal markets.
The corporation is signing a memorandum of understanding (MoU) with Infrastructure Leasing and Financial Services Ltd (IL&FS) to develop these markets on 50:50 basis in the public-private partnership (PPP). A project development […]
Suchir India on an expansion spree
Friday, February 1st, 2008Photo Courtesy: The HinduÂ
Y. Kiron
After dotting all major corners of the city with its projects, Suchir India is all set to come up with more endeavours at the emerging hotspots. Plans are also afoot which will mark the developer’s presence in other major cities. “We have projects of villas, high rise and resorts and soon […]
Hyderabad’s new airport: Flight tests by mid-Feb
Friday, February 1st, 2008After clearing the crucial calibration tests, the Rajiv Gandhi International Airport (RJIA), promoted by the GMR group, is bracing up for trials in mid-February.
Layout regularisation streamlined
Friday, February 1st, 2008Photo Courtesy: The Hindu
The basic penal rates, actual fees would be based on the land values
The Government has sought to differentiate between plot owners eager to construct a house and those purchasing one for investment purposes in levying revised penal rates under the Compulsory Disclosure Scheme (CDS) to regularise unauthorised layouts.
2 more MMTS services
Friday, February 1st, 2008The SCR is operating two more MMTS services between Secunderabad and Faluknuma from Friday. A press release said Train No. SF-3 Secunderabad – Faluknuma MMTS train will depart Secunderabad at 5 a.m. and arrive at Faluknuma by 5.30 a.m.
APHB earns Rs. 4.8 crore from Kukatpally auctions
Friday, February 1st, 2008The A.P. Housing Board (APHB) has earned Rs. 4.8 crore from public auction of 11 plots located in the 15th phase of the Kukatpally Housing Board colony on Thursday.
An official spokesman said that 15 parties had participated in the auction and the highest amount quoted was Rs.30, 000 per square yard and the lowest Rs. […]
IIT classes from this year
Friday, February 1st, 2008MHRD team to visit State to finalise location
It’s final, classes at the Indian Institute of Technology (IIT), Hyderabad, will begin from the forthcoming academic year and the Government of India has given its nod, putting an end to the rumours that classes will not be possible from the year 2008.
Work on Gangavaram port in full swing
Friday, February 1st, 2008L&T striving to make it operational by April
Photo Courtesy: The Hindu
Tangible progress: A Chinese ship carrying project equipment consignment at Gangavaram on Thursday.
The L&T, which is entrusted with the task of construction, is working on a war-footing to make the Gangavaram port operational by April.