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Archive for April 11th, 2008

Hello Again… Back To Action After A Long Gap !!

Friday, April 11th, 2008

Hello Readers,
It has been a long time since I updated my blog. I had been on a long vacation, and after coming back also - I couldn’t immediately focus on my blog due to various personal issues. Finally I am back to action.
Few regular visitors to my blog have emailed me wondering about the […]

Phoenix Port - Status Update & Picture Gallery

Friday, April 11th, 2008

I have visited SuchirIndia’s Phoenix Port venture recently, and I was thrilled to see the way it shaped up. Work in Phases I & II is complete, and the laying of roads, footpath pavements, underground drainage works is going on and nearing completion in Phase-III.

Georgia Institute Of Technology SEZ At Mucherla Village

Friday, April 11th, 2008

The state government’s decision to allot 250 acres to the Georgia Institute of Technology in Hydearbad outskirts has stirred up controversy. While GIT had only proposed to set up an institute of academic excellence, the state government felt that it should also set up a multi-services Special Economic Zone. Interestingly, GIT does not have an […]

World Bank To Fund BRTS Project

Friday, April 11th, 2008

World Bank has come forward to fund the Bus Rapid Transport System (BRTS) project in the twin cities, which is estimated to cost over Rs. 600 crore, complementing the proposed metro rail project.

Shameerpeta….Bangaaru Baata !!

Friday, April 11th, 2008

Click on the image to view enlarged version

SCR Not To Get Old Gandhi Hospital Site

Friday, April 11th, 2008

The South Central Railway (SCR) will not get the old Gandhi Hospital site for extending and developing a world class railway station in Secunderabad.

City Builders Target NRIs

Friday, April 11th, 2008

Builders of Hyderabad are now increasingly targetting non-resident Indians in the US as most of the NRIs are not keen on purchasing properties there with the recession in American economy. Several NRIs fear they won’t get good returns since the slump is likely to continue even in the American real estate sector.

Real Estate Price Spiral — A Realty Check

Friday, April 11th, 2008

What are the factors pushing up the price of property? Is price increase an Indian phenomenon only? Where is the market heading to now, wonders K. Sukumaran.

Steel Prices May Not Soften In Short Term

Friday, April 11th, 2008

If you thought rising interest rates were the only impediment to your owning a home, here’s another one. Rising steel prices are pushing up the cost of construction and chances are, the hike will be passed on to you.

ULCA: Better Late Than Never

Friday, April 11th, 2008

A witness to the real estate boom that gobbled up available land, stretched prices beyond imaginable limits and forced many go to suburbs and beyond, Hyderabad along with other cities in the State could look forward to a change in perspective towards property issues in the coming days.

REMF Is Finally A Reality

Friday, April 11th, 2008

The much-awaited launch of Real Estate Mutual Funds (REMF) in the country will soon be a reality with the Securities and Exchange Board of India (Sebi) set to issue guidelines for floating REMF schemes, in a week. The issue has been pending with Sebi for the last two years.

Emaar MGF Partners Marriot International

Friday, April 11th, 2008

Emaar MGF, one of India’s leading real estate developers, has partnered with Marriott International Inc., a leading international hospitality company, to design, construct and equip luxury-branded JW Marriott Hotels in New Delhi, Hyderabad, Kolkata and a ‘Courtyard by Marriott’ hotel in Amritsar, with a total investments of over $400 million.

Raheja’s Inorbit Plans ‘Village’ Mall At Pocharam

Friday, April 11th, 2008

Inorbit Malls, a spin off from the widely known real estate giant K. Raheja Corp is developing a “Village” model of value retailing complex at Pocharam to open in early August. Modelled after the internationally popular shopping village concept of Europe, the complex will not be a mall in the strict sense of the term, […]