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Archive for November 22nd, 2008

Rooftop Helipads Mandatory On High-rise Buildings

Saturday, November 22nd, 2008

Rooftop helipads on skyscrapers for fire-fighting operations? Sounds strange but it’s true. As more skyscrapers will dot the skyline in the State capital, the Andhra Pradesh Fire and Emergency Services Department has made construction of rooftop helipads mandatory on skyscrapers.

Pegasystems Opens R&D Centre In Hyderabad

Saturday, November 22nd, 2008

Pegasystems Inc., provider of business process management (BPM) software, on Tuesday announced opening of a Research & Development (R&D) facility in Hyderabad. “The R&D facility and the state-of-the-art training centre are set up with an inve stment of $5 million,’’ said Mr Suman Reddy Endunuri, Managing Director, Pegasystems India.

Realty Body Asks Members To Cut Apartment Prices By Up To 15%

Saturday, November 22nd, 2008

Realty industry body National Real Estate Development Council on Friday asked its members to cut rates on housing projects by up to 15 per cent to revive sales.

Four Indian Realtors Lose $33bn In 8 Months

Saturday, November 22nd, 2008

Hit by the turmoil in equity and property markets, India’s four richest realtors have lost nearly $ 33 billion (over Rs 1,50,000 crore) KP Singh DLF’s KP Singh since March this year, with the richest of them, K P Singh of DLF, alone accounting for about two-thirds of it, Forbes magazine said.