Archive for September, 2008
Biotechnology To Drive Office Space Market
Monday, September 22nd, 2008Yet again, another growing sector in the country will push the demand for commercial real estate northwards. This time, it is the biotechnology industry, which is expected to contribute approximately 140 million square feet to the office demand within India by 2010 as per a recent study by Cushman & Wakefield.
Home Loans: Combination Of Fixed & Floating Better
Monday, September 22nd, 2008Schemes like the flexi-loan provide relief to home loan borrowers who have been forced to face uncertain times, writes Srikala Bhashyam.
It has been a while since the Reserve Bank of India (RBI) unveiled its credit policy, bringing in a rate hike to curtail the inflation rate. The effects are visible with a growing consensus among […]
Bharat Infratech: “Lehman Fall Will Have No Impact”
Monday, September 22nd, 2008Bharat Infratech, the Hyderabad-based real estate developer has said the recent developments in the financial markets regarding Lehman Brothers in US would not impact their ongoing projects, including its flagship Iconia.
‘Hyderabad Economic City’ On Anvil
Monday, September 22nd, 2008An integrated financial hub and a health care city - Hyderabad Economic City - planned with an investment of Rs. 20,000 crore, would be coming up in twin cities, a release said. An MoU to this effect was signed between Government of Ras Al Khaimah (UAE) and Andhra Pradesh Industrial Infrastructure Corporation (APIIC), in the […]
Banjara & Jubilee Hills Losing Their ‘Elite’ Status
Monday, September 22nd, 2008Paradise lost: It was time that disparity between the Hills residents and others is removed
It’s a place where the rich and the powerful live. For decades, living in the posh Banjara Hills and Jubilee Hills was at once a status symbol and mark of envy for rest of the citizens with huge houses and lush […]
IT Downturn: Honeymoon Is Over
Monday, September 22nd, 2008The honeymoon is over for IT professionals in Hyderabad with the employer turning king, finally. The kid glove treatment that professionals have been used to over the last few years is now fast becoming a thing of the past with the global financial crisis over the last one week snowballing into stricter working conditions in […]
Secunderabad Railway Station To Be Expanded Vertically
Monday, September 22nd, 2008Secunderabad railway station could shortly witness a vertical expansion. That could mean that the trains would arrive and depart from different floors, while other floors could accommodate malls, restaurants and other passenger facilities like booking offices, waiting halls connected to other floors by escalators.
GHMC To Work On Jubilee Hills Road 36 Decongestion
Monday, September 22nd, 2008In order to decongest Road No. 36, Jubilee Hills, a parallel road will soon be developed to connect Madhapur. The Road No. 45, Jubilee Hills, will be extended up to Madhapur at a cost of Rs 5.1 crore under the aegis of the Greater Hyderabad Municipal Corporation (GHMC).
Realty Prices May Return To ‘Real’ Levels
Sunday, September 21st, 2008The Indian property prices, which had taken off like jet planes, appear to be losing altitude after bad debts owing their origin to real estate brought down the US financial market to its knees.
Market men see prices cooling and projects being held up for want of cheap funds, but don’t expect the market to crash.
IMT To Set Up Business School At Shamshabad
Sunday, September 14th, 2008Ghaziabad-based Institute of Management Technology (IMT) has bought 30 acres of land in Shamshabad, near the new Hyderabad International Airport, to set up a new business school.
PV Expressway To Be Completed By Nov 14?
Sunday, September 14th, 2008Chief Minister Y.S. Rajasekhara Reddy has instructed officials of the Hyderabad Metropolitan Development Authority, Greater Hyderabad Municipal Corporation and other departments concerned to speed up works on road connectivity to Rajiv Gandhi International Airport.
MMTS Phase-II On Track
Sunday, September 14th, 2008Decks are being cleared for the second phase of the Multi-Modal Transport System (MMTS) in the city.
The Railway Board has recently asked the MMTS project wing of the Greater Hyderabad Municipal Corporation (GHMC) to give details of performance of the first phase I and the state government approval for the phase II to put […]
UMTA Constituted To Handle All Traffic and Trasportation Projects In City
Sunday, September 14th, 2008All major infrastructure projects and works in the city like developing new link roads, construction of flyovers , new railway lines, feeder buses and construction of new bus terminals will be decided by Unified Metropolitan Transport Authority (UMTA) for Hyderabad metropolitan region.
Interchange Will Make Airport Commute Faster
Saturday, September 13th, 2008In what can be music to the ears of air travellers going to the Rajiv Gandhi International Airport at Shamshabad, the Trumpet Interchange constructed near Shamshabad will be thrown open to the public from September 15 without a formal inauguration.
‘The Koutons Family Store’ Launched At Hyderabad
Friday, September 12th, 2008Koutons Retail India Limited, the manufacturer of readymde fashion wear brand on Saturday inaugurated its 89th Family Store in Hyderabad, billed as its largest store in the country.
BITS Hyderabad To Become A Major R&D Hub
Friday, September 12th, 2008Birla Institute of Technology and Science (BITS), Pilani-Hyderabad campus, where classes began on August 29, will develop its campus into a major IT research hub.
Land Alloted At Gachibowli For Medical Institutions
Friday, September 12th, 2008With the proposed 200-acre health city ‘Elixir’ at Ameenpur landing in legal wrangles, the state government has proposed another health city at Gachibowli. It has allotted seven acres land for medical institutions.
Deutsche Bank Predicts Sharp Fall In Property Prices
Sunday, September 7th, 2008Tight financial markets will likely aggravate the downcycle in the real estate sector and lead to a sharp fall in property prices and defaults by few developers, Deutsche Bank said. Reiterating its underweight rating on the sector, the investment bank forecasts further downside in realty shares, which have declined roughly 33% so far this year.
Real Estate Chat
Sunday, September 7th, 2008Since many of the visitors to this website are interested in Real Estate, I thought a chat room will be useful to all the like-minded visitors to exchange information. I hope you make good use of it. This is on a trial basis, and I would like to hear your feedback whether it is really […]