Archive for June, 2008
« Previous EntriesSecunderabad Railway Station Road Traffic To Be Diverted
Sunday, June 29th, 2008As work on the proposed bus terminal at the old Gandhi Hospital will start from August, traffic leading towards the Secunderabad Railway Station will be diverted soon.
PBEL To Build Business Park At Shamshabad
Sunday, June 29th, 2008Anticipating demand for space for logistics companies around the Rajiv Gandhi International Airport here, PBEL Property Development (India), owned by Israeli companies IDB and ELCO Holdings, is planning to build a business park at Shamshabad at an estimated outlay of Rs 1,400 crore.
Aerospace Tech Institute Opened In Hyderabad
Sunday, June 29th, 2008The Indian Institute of Aerospace Technology and Management (IIASTM) was inaugurated by Minister of State for Statistics and Programme Implementation, G.K. Vasan at Kompally on 25th June 2008.
The dream homes are still coming true
Sunday, June 29th, 2008Close to nature
Spread over 300 acres of land near Hyderabad, Maytas Hill County offers an environmental deck with gardens, play areas, sandbeds for children and artificial ponds. “The whole township has been built in tandem with the landscape, with least intrusion into the natural landscape.
DLF Towers At Banjara Hills
Saturday, June 28th, 2008Sprawled over 1.48 acres, DLF Towers Hyderabad will offer 10 floors of commercial and destination retail space. Located in the most coveted business district and upscale residential area of Banjara Hills Road No. 3, DLF Towers will be the finest corporate address in town.
Srinivasa Shipping to develop villas
Saturday, June 28th, 2008Srinivasa Shipping & Property Development Ltd (SSPDL) will be developing a Rs. 250-crore gated villa community at Gundlapochampally here.
The project, ‘SSPDL Northwoods’, will be developed on 42 acres through a special purpose vehicle (SPV) in association with Indiareit Fund Advisors Pvt Ltd.
Bharat’s Iconia at Kondapur
Saturday, June 28th, 2008Atkins, the leading multinational engineering and design consultancy and designers of Dubai’s Burj Al Arab, world’s tallest all-suite hotel, have undertaken their largest residential project in India, at Kondapur here in the city. The project is being launched on Sunday in Hyderabad.
IT Park Work On Full Scale At Gannavaram
Saturday, June 28th, 2008The construction work of the information technology park at Gannavaram, is going on in full scale. Out of five towers, the first tower will be completed by December. The project is taking shape as promised by Chief Minister, Dr Y.S. Rajasekhar Reddy, while laying foundation stone on May 6, 2006.
US To Set Up Visa Office In Hyderabad By This Year-end
Saturday, June 28th, 2008The US government has decided to set up a visa office in Hyderabad by this year-end, David Hopper, US consul general here, said on Friday.
Managing Repayment Efficiently
Saturday, June 28th, 2008The course of home loan interest rates is not as certain as it used to be. Shubha Ganesh has some tips to help you manage fluctuating EMIs.
Velankani’s Rs 14,000Cr Vizag Silicon Complex Plan
Saturday, June 28th, 2008The Bangalore-based Velankani Group will invest Rs 14,000 crore over the next seven years to set up an integrated stone-to-wafer silicon complex in Visakhapatnam, the first of its kind in India.
Registration Charges To Be Increased
Saturday, June 28th, 2008Market values of properties such as lands and buildings in towns and cities in the State will be revised upward by 5 to 10 per cent from August 1 for registration purpose.
Cinema Biz Undergoes Massive Change In Hyderabad
Saturday, June 28th, 2008The business of cinema is all set to change with the entry of multiplexes in Hyderabad. The very mention of Sangeet Theater brings nostalgia for many Hyderabadis and more so if you are a Hollywood movie buff. The 40-year old standallone theater in Secunderabad, one of the oldest in the city, will soon be converted […]
Exensys Launches R&D Centre At Madhapur
Saturday, June 28th, 2008Exensys Software Solutions Limited, a software product company engaged in the enterprise space, IT consulting and telecom solutions, launched its second Research and Development Centre at Madhapur here.
McDonald’s Opens First “Drive Thru” Outlet In Hyderabad
Saturday, June 28th, 2008McDonald’s, a global fast food giant, on Thursday opened its first “Drive Thru” outlet at a HPCL retail outlet in the city.
As part of its strategic tie-up with HPCL to combine fast-food outlets with gas stations, McDonald’s launched a full scale “Drive Thru” outlet at A S Rao Nagar.
Janapriya To Develop Two IT SEZs
Friday, June 27th, 2008Hyderabad-based Janapriya Engineers Syndicate, a residential projects developer, is diversifying into commercial space development.
It plans to set up two SEZs for the IT sector in Hyderabad at an investment of over Rs 1,000 crore each. SEZs are virtual tax havens meant to promote exports.
Tough To Buy A House, Tougher To Rent One
Friday, June 27th, 2008Realty prices might be showing signs of easing, yet it’s tough to buy a house. Prices are still high and loans are getting expensive. And if you thought renting a property is an option, well, it’s getting dearer too.
Infosys To Begin SEZ Works By September
Friday, June 27th, 2008Infosys Technologies expects to start construction work on its two special economic zones (SEZs) in Hyderabad before this September. The IT major was allotted about 440 acres at Pocharam on the outskirts during mid-2007 for setting up of two campuses.
Krishnapatnam Emerges As The New ‘Red Hot Zone’
Friday, June 27th, 2008With six major power projects involving an investment of over Rs 35,000 crore in the offing, Krishnapatnam, hitherto a remote and neglected area in Nellore district of southern Andhra Pradesh, is fast emerging as a power generation hub. The Union government has termed it the next “red hot zone”, with aconcentration of thermal power projects, […]
Contractors To Pay For Tardy ORR Phase-I Work
Friday, June 27th, 2008Finally, the Hyderabad Urban Development Authority (Huda) has started acting on the delay over the Outer Ring Road (ORR) phase-I works.
Huda has decided to impose penalties on the two contractors of the ORR phase-I from Gachibowli to Shamshabad holding them responsible for the delay.
Sleepy Southern Areas Wake Up To A New Growth Phase
Thursday, June 26th, 2008Nellore and Chittoor districts in southern Andhra Pradesh are set to become the state’s manufacturing hub in the next five to 10 years.
Factors like a push from the state government, proximity to Chennai and Bangalore, readily-available infrastructure and vast land (about 25,000 acres), are changing the face of these areas, which have large multi-product special […]
Hyderabad Airport Slaps User Development Fee On Passengers
Thursday, June 26th, 2008It’s going to pinch your pocket a little more if you are planning to fly to Hyderabad. This time, it’s not the airlines, but the airport which is piling on the charges, reports CNBC-TV18.
Centre’s SEZ Move Unnerves Vizag Software Firms
Thursday, June 26th, 2008The growth path of information technology sector in Visakhapatnam seems not all that smooth, considering the recent controversies.
The Central Government’s declaration of Hill No. 2 at Madhurawada as IT Special Economic Zone (SEZ) has put the industry’s development in jeopardy as the IT companies in the zone continue to oppose the decision.
GHMC Starts Demolition Act
Thursday, June 26th, 2008The Greater Hyderabad Municipal Corporation (GHMC) has ordered demolition of apartments that were constructed after the announcement of the Building Penalisation Scheme (BPS).
Where To Park Your Funds In These ‘I’ Times?
Thursday, June 26th, 2008In a period of high inflation like this - at 11.05 per cent, that too a 13-year high - the big question is: Where could you park your funds, which are both safe and offer productive returns? With the two popular avenues of investment usually used to beat inflation - equity and realty - not […]
Centre Says No To International Airport At Vizag
Thursday, June 26th, 2008The Union min istry of defence has denied permission for the proposed international airport at S.
Rayavaram near Visakhapatnam citing security threats.
APIIC’s Work On Lake Bank Illegal
Thursday, June 26th, 2008VANISHING LAKE: A board shows the work taken up by the APIIC ignoring the buffer zone around the Manikonda lake
Several civil society groups on Wednesday held protests near the Medikunta lake in Manikonda to stop Andhra Pradesh Industrial Infrastructure Corporation (APIIC) from restarting earth-levelling works on the lake bank to widen a road.
AP Wants GO 610 On Campuses Too
Thursday, June 26th, 2008With the T-issue taking centrestage, GO 610 is back in the reckoning. The state government is all set to request the Centre to amend the Presidential Order to extend GO 610 to universities and APSRTC. Both the organisations have over two lakh employees.
Health Facts: Goji Berries - The ‘Miracle’ Berries
Wednesday, June 25th, 2008Goji berries are a recent hot commodity in the increasingly trendy high-end health food industry. Goji berries have been used in Tibetan and Chinese Medicine for centuries. People in the US and Europe are just now realizing what those in Asia have known and benefited from for many, many centuries.
Also many in traditional medicine […]
State Declares HIAL As Notified Area
Wednesday, June 25th, 2008The government has provisionally declared the area covered by Hyderabad International Airport Limited (HIAL) as a ‘notified area’ (municipality) duly excluding it from the jurisdiction of the local authority. The Rajiv Gandhi International Airport is spread over 5,495 acre belonging to Shamshabad, Chinna Gollapally, Hamedullanagar, Mamidipally and Mankhal gram panchayats.
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