Archive for May, 2008
Next Entries »India to become 8th wealthiest place by 2017: Barclays Wealth
Wednesday, May 7th, 2008Barclays Wealth on Wednesday published its report titled Evolving Fortunes, which signals the rise of emerging markets such as India, displacing more developed economies, with China, Brazil and Russia also reaching the top 12 wealthiest countries ranking.
No takers for high-rise plans
Wednesday, May 7th, 2008Not many builders are willing to construct high-rises in the city though the state government had relaxed many norms including the height restrictions two years ago. In two years, officials of Greater Hyderabad Municipal Corporation (GHMC) and Hyderabad Urban Development Authority (Huda) have given permissions for 28-floor buildings only in a couple of cases. Of […]
Reliance Infra’s central business district in execution mode
Monday, May 5th, 2008Reliance Infra, an ADAG company, is set to begin work on the country’s first greenfield central business district — which will entail investment of Rs 7,000 crore and host over 25 million sq ft of built up area, including a 100-plus storey building, in phase I.
Siemens may set up facility in AP
Monday, May 5th, 2008Siemens AG, Europe’s largest engineering conglomerate, is looking to set up a manufacturing unit in Andhra Pradesh.
The global major, which is into automation and control, power, transportation and healthcare sectors, has already explained its intent to the State Government.
Anand Gubbi Needs Your Help
Monday, May 5th, 2008Anand has been working at a major Bay Area software company for over 3 years as an IT Operations manager and has been studying Business administration at CSU in the East Bay. Anand and his wife, Deepthi have been happily married for over 8 years and have a beautiful 10-month old daughter.
On the morning […]
New RE Mantra: Amenities Galore To Lure Buyers
Saturday, May 3rd, 2008Property developers are constantly exploring new strategies to lure prospective buyers. With each project, there is an introduction of a new scheme to provide a comfortable living for the buyers.
High-rises To Have New Rules
Saturday, May 3rd, 2008The Bureau of Indian Standards is planning to come out with a new set of rules for construction of tall buildings. This will be of much help to officials and infrastructure companies which are aiming to construct high-rise buildings in many metro cities including Hyderabad.
BRS, LRS Last Date Extended To May 31
Saturday, May 3rd, 2008The last date for submission of applications for regularising buildings and layouts has been extended up to May 31. The Compulsory Disclosure Scheme for regularisation of illegal or unauthorised layouts and buildings and constructions was to end on April 30.
Home Loan Rates In Rs 20-30L Bracket To Fall To Lower Slab
Saturday, May 3rd, 2008If you are planning to take a home loan for Rs 30 lakh, look forward to lower interest rates. Home loan rates for loans of Rs 20-30 lakh are set to soften, bankers said after a meeting with finance minister P Chidambaram on Thursday.
Hyderabad varsity plans knowledge park
Saturday, May 3rd, 2008In a bid to promote innovation in various streams like life sciences and engineering, the University of Hyderabad, in association with the Andhra Pradesh Industrial Infrastructure Corporation (APIIC), is setting up a Knowledge and Innovation Park.
Speaking to Business Standard, UoH vice-chancellor Seyed E Hasnain said the facility would come up on 50 acres of land […]
SPOTLIGHT - IT Sector Growth To Lose Steam
Saturday, May 3rd, 2008The IT applecart will continue to roll for Indian service providers in the coming years, but ‘Growth 2.0’ may be harder to achieve than ‘Growth 1.0’. While the IT/ITeS industry jumped at a compound annual growth rate (CAGR) of 27 per cent between 2002 and 2007, that rate may dip to 18 per cent between […]
Govt Allows Agam SPV Six To Set Up New Airports In India
Saturday, May 3rd, 2008Government has approved foreign direct investment of up to 300 million dollars (Rs 1,170 crore) by Cayman Islands-based Agam SPV Six Ltd to set up new airports in the country and upgrade the existing ones.
1-hr Wait To Reach Shamshabad Airport
Friday, May 2nd, 2008Many air passengers travelling to the Shamsbahad airport in the evenings are getting stuck at the Uppuguda and Kandikal railway gates for more than an hour. The inordinate delay in constructing road overbridges at the railway gates is causing the problem.
Concept Of ‘Exclusive Senior Citizens’ Community’ Catching Up…
Friday, May 2nd, 2008Comfort zone: In the twilight years of one’s life, it is security on all fronts that matters
Exclusive housing concepts for senior citizens are just catching up in the city, writes T. Lalith Singh.
Lanco Hills Mega Mall
Friday, May 2nd, 2008GMR Gets High-rise Jolt
Thursday, May 1st, 2008GMR Hyderabad International Airport Limited (GHIAL) has received a setback with the Union civil aviation ministry making it clear that the power of issuing no-objection certificates for high-rise buildings in the vicinity of the new airport at Shamshabad would rest with the Airports Authority of India.
Garbage Bins To Be History Soon
Thursday, May 1st, 2008Heaps of garbage dumped carelessly near the garbage bins in the city’s nook and corner that stinks and is an eyesore and will soon be a thing of the past if the Greater Hyderabad Municipal Corporation (GHMC) is to be believed as it is planning to make the city a garbage bin free zone.
Govt Under Pressure To Reopen Begumpet Airport
Thursday, May 1st, 2008With the Centre setting a precedent by allowing the HAL’s airport to operate in addition to the new airport in Bangalore, pressure has begun to mount once again on the Andhra Pradesh government to lobby for the reopening of Begumpet airport.
City Needs 500 Parking Lots
Thursday, May 1st, 2008Hyderabad has only 114 paid parking lots while the number required is over 500. This forces motorists to park their vehicles on roadsides. The situation is unlikely to be solved soon as Greater Hyderabad Municipal Corporation has not yet finalised the tenders to outsource parking lots.
HUDA Maitrivanam - The Byte Bazar
Thursday, May 1st, 2008Over 400 IT training institutes, all concentrated in the one-km radius of Maitrivanam at Ameerpet, cater to a huge population of students who come to the city to take courses in .Net, SAP, Java and the like. While it is turning out to be a huge business, it is also creating a vast pool of […]
Hospitality Industry Charts New Path To Generate Revenues
Thursday, May 1st, 2008The recent dip in hotel occupancies have led hotels to check out of the plain-vanilla room concept. The hospitality industry is now gearing up for alternate hospitality formats such as residential hotels, destination resorts, condo hotels, vacation ownership and private residents club.
Building Penalty Scheme Deadline Extended
Thursday, May 1st, 2008The state government has extended the deadline for the Building Penalisation Scheme and Layout Regularisation Scheme till May 31. There was mad rush at municipal offices throughout Wednesday, which was earlier fixed as the deadline for submitting applications.
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