Archive for June 27th, 2008
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.