Archive for April, 2008
« Previous EntriesSuchirindia to build twin towers in Colombo
Monday, April 28th, 2008Hyderabad-based real estate company Suchirindia has joined hands with Sri Lanka’s NEB Infrastructure Projects Private Limited to construct twin towers – 70-storeyed and 30-storeyed – in Colombo, Sri Lanka.
IVR Prime to build high-rise apartments in Hyderabad
Monday, April 28th, 2008Hyderabad-based realty firm IVR Prime Urban Developers Limited (IVR Prime) has entered into a joint development agreement with land owners for construction of high-rise residential apartments on 9.2 acres at Kukatpally in the city.
Master plan: HUDA shortlists consultants
Monday, April 28th, 2008The HUDA has short listed three consultants, including a Hong Kong based firm, for preparing the Master Plan for the extended 5,000 sq km area of HUDA.
HUDA, after the expansion of its jurisdiction from 2,000 sq km to about 7,000 sq km covering 54 mandals in Hyderabad, Ranga Reddy and parts of Medak, Nalgonda and […]
Goldstone Infra to put up solar PV unit
Monday, April 28th, 2008Goldstone Infratech Ltd, along with June Min of TF SolarPower Pvt Ltd, and Korean equipment supplier Jusung Engineering Ltd will jointly establish a solar photovoltaic (PV) panel fabrication unit in the Fab City here.
RREEF to put $1 bn in realty, JV with NCC for Hyd project
Monday, April 28th, 2008Global major Deutsche Bank’s alternative investment management arm, RREEF on Monday launched its realty and infrastructure business in India with plans to invest over one billion dollars in the next three years.
RREEF Alternative Investment also announced that it has picked up a 60 per cent equity stake in a joint venture with NCC Urban Infrastructure […]
Maytas Properties to build townships in Vizag, Vijayawada
Sunday, April 27th, 2008Maytas Properties Limited, a sister concern of Maytas Infra, would start construction of integrated townships in Vijayawada and Visakhapatnam this year.
According to chief executive officer, K Thiagarajan, though the company was established just three years ago, it has a large land bank built over a period of several years by its promoters. The new townships […]
Builders join to take on big firms
Sunday, April 27th, 2008Unnerved by the entry of large publicly listed realty companies in the city, a group of city-based realty firms have joined hands to face the competition collectively. Realty majors such as DLF, Unitech and Purvankara have big plans to tap the realty boom in Hyderabad. Unitech plans to invest Rs 9,000 crore in two real […]
Projects In Legal Web
Sunday, April 27th, 2008Projects in the state worth lakhs of crores are being stonewalled by litigation. Major infrastructure and industrial undertakings are stuck after their promoters — including top companies like Unitech, Wipro, Infosys, Lanco and Bramhani Steels — were dragged to court by people claiming right over the land that was allotted to the firms by the […]
Jain Housing Wakes Hyderabad To World-class Living
Saturday, April 26th, 2008A little over two decades earlier, in the year 1987, JAIN HOUSING AND CONSTRUCTIONS LTD. started making their imprints clearly visible. Since then, their meteoric rise has been witnessed in the changing skylines of the cities of Bangalore, Chennai, Cochin, Coimbatore, Mysore, Hyderabad and Pune.
Decks Cleared For Digital Entertainment City
Saturday, April 26th, 2008The decks have been cleared for the proposed Digital Entertainment City, the world-class facility designed to train animation professionals in Hyderabad.
Hyderabad, B`lore Airports Out Of 150-km Norm
Saturday, April 26th, 2008The new greenfield airports policy, which has allowed new airports to come up within 150 kilometres of exisiting airports, will not apply to privately-run Hyderabad and Bangalore airports as well as the proposed facility in Greater Noida.
Work In Full Swing On New Airport Terminal
Saturday, April 26th, 2008The biggest facility in tier-two cities is likely to be ready for inauguration by September
IT’s happening: Workers giving finishing touches to the gigantic roof at the new terminal building of Visakhapatnam airport.
Discover The Exciting World Of Hyderabad Housing And Real Estate
Saturday, April 26th, 2008STEPPING MEADOWS FROM LANDMARK BUILDERS
Landmark Builders are among the key promoters of exceptionally successful projects like the 100,000sft Kundanbagh Apartments at Greenlands & the 3,70,000 sft White House Commercial Complex at Begumpet. Their latest project ‘STEPPING MEADOWS’ , is a limited edition , super premium residential complex of just 53 very exclusive, exceedingly beautiful , […]
SEBI Nod For Realty MFs
Saturday, April 26th, 2008Market regulator Securities and Exchange Board of India (Sebi) on Friday allowed mutual funds (MFs) to launch real estate mutual funds.
Malaysian Group Partners Opus To Develop Housing Project
Saturday, April 26th, 2008Photo Courtesy: The Hindu Charming: Dancers performing at the cultural programme organised by Sunway Group on Friday.
Malaysian real estate developer Sunway group and city-based Opus will jointly develop a Rs. 1,680-crore housing project at Aminpur on the Miyapur-Bollarum road, closer to the Outer Ring Road.
INVEST In Property To Beat INFLATION
Saturday, April 26th, 2008In times of rising inflation, investors are scrambling for new avenues. Property works well for investors as an investment option in such a scenario, suggests Kavita Sriram.
GHMC Gets Rs 200Cr Through BPS Scheme
Saturday, April 26th, 2008Property owners from posh localities of Jubilee Hills, Banjara Hills and surrounding areas are thronging municipal offices for regularisation of unauthorised constructions and deviations.
EMAAR MGF Boulder Hills Golf and Country Club At Gachibowli
Friday, April 25th, 2008Boulder Hills Golf and Country Club is a world-class leisure and residential gated community spread out over approximately 531 sprawling acres. It has been envisioned as a complete, self-contained township spread around an 18-hole championship golf course where every home is designed to the most demanding international standards.
SatyaVani Group To Invest $10m In Real Estate
Thursday, April 24th, 2008SatyaVani Green Homes, Hyderabad-based real estate developers and part of the SatyaVani group of companies, has decided to invest over $10 million in Udhodayam Green Homes (UGH).
Anu’s Lab Mulls Rs 65Cr Pharma Unit At Vizag
Thursday, April 24th, 2008Hyderabad-based drug intermediates manufacturer, Anu’s Laboratories, plans to set up a Rs 65 crore new pharma unit at Visakhapatnam in Andhra Pradesh.
Shamshabad Becomes The Richest Village In A.P
Thursday, April 24th, 2008Shamshabad, a nondescript village till recently, is all set to get a make-over, thanks to the revenue windfall for the gram panchayat. Rajiv Gandhi International Airport and real estate boom built around the airport has changed its fortunes in less than a year. Five years ago, the village hardly got a revenue of Rs 20 […]
SCR Officials Refuse GHMC Compensation
Thursday, April 24th, 2008South Central Railway authorities have refused to accept Rs 42 crore that was offered by the GHMC for nearly 52,000 sq. metres of railway land required to widen road from Sangeet to Tarnaka.
PATA Travel Mart 2008
Thursday, April 24th, 2008Andhra Pradesh tourism is all set to cash in on the lucrative Medical Tourism sector and lure inbound, as well as domestic tourists to the state. Though the state tourism board (Andhra Pradesh Tourism Development Corporation, APTDC) is actively promoting Leisure Tourism and MICE segment, it is aiming at increasing the number of tourist receipts […]
I-T Sleuths On Realty Check
Tuesday, April 22nd, 2008In the wake of the real estate boom in the city and surrounding areas, the income tax department which had been tracking realtors is eyeing big builders and contractors.
Traffic To Get A Make-over
Tuesday, April 22nd, 2008Good news for Hyderabadis who keep cribbing about the traffic scenario. Traffic signals in the city are in for a total makeover.
Outer Ring Road - Where It Stands
Tuesday, April 22nd, 2008The much-hyped Rs 5,599-crore Outer Ring Road (ORR) project seems to have hit a major roadblock. After overcoming earlier controversies on alignment, it is now facing speed-breakers like land acquisition, obstructing structures, and litigation among others, stalling smooth execution, finds out Koride Mahesh.
Margadarsi: RBI Steps In
Tuesday, April 22nd, 2008The Reserve Bank of India has started taking action on banks that have allegedly helped media baron Ramoji Rao’s Margadarsi Financiers to violate section 269 SS (which says no entity can accept more than Rs 20,000 in cash) of the Income Tax Act.
HC Stay On Land Allotment To Judges, Scribes
Monday, April 21st, 2008The AP High Court on Saturday stayed the operation of four orders issued by the state government allotting house sites to cooperative societies set up by legislators, judges, All India Service officials (IAS,IPS, etc.) and mediapersons.
APHB Has Tough Goal To Meet
Monday, April 21st, 2008The Andhra Pradesh Housing Board (APHB) is facing a piquant situation. The government has set a target of Rs 3,500 crore for the APHB in 2008-09 fiscal under the revenue generation programme but garnering such revenues may prove an uphill task for the Board.
Security Checks At Shamshabad Airport Will Take Only 3 Mins’
Sunday, April 20th, 2008Hyderbad’s GMR airport is up and running but not without its fair share of glitches.
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