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Rooftop Helipads Mandatory On High-rise Buildings

November 22, 2008 | 244 views

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.

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Topics: Construction, Infrastructure | No Comments »

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Pegasystems Opens R&D Centre In Hyderabad

November 22, 2008 | 228 views

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.

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Topics: Information Technology, Business News | No Comments »

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

November 22, 2008 | 351 views

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.

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Topics: What's UP, Real Estate | No Comments »

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Four Indian Realtors Lose $33bn In 8 Months

November 22, 2008 | 299 views

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.

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Topics: Economy, Real Estate | No Comments »

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ORR: The Roads Of Destiny

November 18, 2008 | 490 views

ORR Phase-I Inauguration
Photo courtesy: telugulo.com

The phase I of the Outer Ring Road project is completed(NOTE by Blog Admin: Only 4-lanes are open for traffic at this time) and awaiting inauguration. Work on the longer, phase II is being coordinated by the HGCL (Hyderabad Growth Corridor Limited) and is expected to be completed in the next three years. Designed to decongest the city and give a boost to its infrastructure, this Ring Road does Hyderabad proud and takes it a step further towards becoming a major metro, writes Swayambhu Bhattacharya.

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Topics: What's UP, Travel, Govt In Action, Infrastructure | No Comments »

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Realty In ‘Freeze’ Mode

November 18, 2008 | 386 views

Despite a recent drop in the prices of steel and cement, the construction sector in Hyderabad is facing a major business crunch thanks to the meltdown again. Work on all malls and residential complexes that were supposed to come up in the city within the next few months has either been slowed down or temporarily stalled.

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Topics: Economy, Real Estate | No Comments »

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Global Economy Crisis: Layoff Tracker In The Technology Sector

November 16, 2008 | 983 views

The economic downturn that has resulted in tens of thousands of layoffs in the housing and financial services sectors is now bearing down on the tech industry. The rapid increase in job losses follows an increasingly pessimistic spending forecast. Job cuts in the tech sector have surged as the economic outlook has become bleaker.

To get an idea about what is in store for the Tech Sector workers in the year 2009, below is a list of layoffs from various organisations (Either already announced or under consideration).
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Topics: Economy, Job Matters, Information Technology | No Comments »

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Cost Of Living In India: Common Monthly Expenses

November 14, 2008 | 1,017 views

I am trying to put together a list of common monthly expenses for living in India (I am particularly considering Hyderabad here, so these may vary a little for other cities) to give an overall idea to all the NRIs considering R2I(Return 2 India). I am trying to list the expenses for a family of 3 with moderate middle class living (My focus is to find out what it takes to live a normal life in Hyderabad in these days - May be having car, A/C, Geisers, Home Theatres etc is not a normal life :-), but still…).

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Topics: The Facts, Reports | No Comments »

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Sanjeeviah Park To Get A ‘Make Over’

November 2, 2008 | 324 views

The Sanjeeviah Park will soon go for a makeover. Spread over 85 acres in the heart of the city and a major lung space, it has ended up as a lovers’ den for young couples. Of the 1,500 people who visit the park each day almost 1,400 are lovebirds.

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Topics: Attractions, Govt In Action | No Comments »

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No Takers For Integrated Bus Complex Project

November 1, 2008 | 250 views

There are no takers for the construction of the proposed Integrated Bus Terminus-cum-Business Centre which the Hyderabad Metropolitan Development Authority (HMDA) has proposed at the old Gandhi Hospital site.

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Topics: Economy, Govt Failures, Infrastructure | No Comments »

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Lodha Group Launches ‘By Invitation Only’ Project In Hyderabad

November 1, 2008 | 634 views

By Invitation Only. Till now, one heard it for events and occasions that are meant for select few. One could not just walk in and become part of the exclusivity that an organiser looked for.

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Topics: Latest Trends, Real Estate | No Comments »

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Market Meltdown Hits Hyderabad Infra Companies

November 1, 2008 | 475 views

The market turmoil has hit Hyderabad infrastructure industry like never before. The valuations of companies have touched historic lows and thereby substantially eroding their ability to raise capital.

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Topics: Business News, Real Estate | No Comments »

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Nagarjuna Puts RE Projects On Hold

November 1, 2008 | 306 views

Nagarjuna Construction Co Ltd has clamped down on future real estate projects due to current slowdown in the sector and has tempered its capital expenditure plan for 2008/09, a top official said.

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Topics: Business News, Real Estate | No Comments »

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Six Consortia To Bid For Overseeing Metro Rail

October 26, 2008 | 265 views

Six consortia were shortlisted for selection of independent engineer to oversee the Hyderabad Metro Rail works by the state government on Friday.

The consortia are: AECOM (Hong Kong), Aarvee Associates (India) and Lahmayer International (Germany); DB International (Germany) and SMEC International (Australia); Louis Berger (USA) and RITES (India); Mott MacDonald (UK) and Tecnica (Italy); Net Engineering (Italy); and Scott Wilson Railways (UK) and EPC consultants (USA).

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Topics: Infrastructure | No Comments »

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Hyderabad US Consulate Opened

October 26, 2008 | 576 views

Hyderabad Consulate
U.S. Ambassador to India David C. Mulford and his wife during the inauguration of the U.S. Consulate in Hyderabad

The new American Consulate General was opened here on Friday by US Ambassador David C. Mulford which will begin processing 100 visa applications a day by the middle of December and scale it up to 300 by January next.

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Topics: Immigration, Govt In Action, Events | No Comments »

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Plan Panel Slams Sreedharan For His U-turn

October 26, 2008 | 224 views

Reminding him that the Delhi Metro Rail Corporation (DMRC) he heads had itself endorsed the Build Operate Transfer (BOT) model for the Hyderabad Metro project while preparing a detailed project report (DPR), the Planning Commission has slammed E Sreedharan for now expressing reservations on the project and for not backing with “facts or evidence” his “suspicion” that this “might lead to a big political scam”. The panel has also pointed out that indirect subsidies enjoyed by the DMRC are in fact a huge burden on the government.

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Topics: The Facts, Events | No Comments »

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RAKIA Signs MoU To Develop $5billion Hyderabad Economic City

October 26, 2008 | 274 views

Ras Al Khaimah Investment Authority (RAKIA), the government body for the socio-economic growth of the Emirate, has recently signed an MoU with the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to establish Hyderabad Economic City.

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Topics: Govt In Action, Business News | No Comments »

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‘Affordable Housing’ Is The New RE Mantra

October 26, 2008 | 351 views

In the changing real estate scenario, the demand for properties in the price segment of Rs.30 lakh to Rs. 60 lakh was high but this segment also face a shortage of supply in the city. Contrary to this, there is an excess supply of properties costing above Rs.60 lakh. And this could reinforce the view that the year could end up as ushering in the concept of affordable housing.

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Topics: Dream Home, Latest Trends, Real Estate | No Comments »

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Andhra Pradesh Govt Woos IIMs For Campus In State

October 26, 2008 | 246 views

The Union minister for Human Resource Development, Arjun Singh, may have spoken of an Indian Institute of Management (IIM) for Hyderabad, but the Andhra Pradesh government is not leaving anything to chance.

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Topics: Education, Govt In Action | No Comments »

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Radha Realty Launches Ultra Luxury Gated Community “U31″

October 26, 2008 | 468 views

U31
Ultimate experience: The unique feature of these homes is the blend of historical and contemporary design

Promising to set a new benchmark in ultra luxury living, Radha Realty has unveiled ‘U31’, a single-family, gated community project in the city. Spread over nine acres adjacent to Botanical Gardens, Kondapur, the project will have 31 limited-edition townhouses of which 19 will be courtyard houses and the rest designed as pavilion houses.

U31 is an exclusive community of uber luxury homes in Hyderabad, designed by Andrew Maynard, an award winning australian architect, known for his unique vision and creative approach to design. Maynard and his company were selected after a competition held among leading architects from India, Singapore and Australia. The architects were asked “How would you create a home if there are no limitations?” Viola “U31” was the answer.

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Economy Slowdown: Job Cuts Loom Large

October 23, 2008 | 359 views

The country’s job market is about to come to a standstill with a freeze on hiring in the organised sector, a staffing services firm’s report released on Monday said.

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Topics: Economy, Job Matters | No Comments »

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Micro-surface Roads To Come Up In City

October 23, 2008 | 274 views

Very soon, the twin cities of Hyderabad and Secunderabad will be dotted with micro-surface roads. Apart from being water-proof and durable, these roads are known to address the surface wheel-rutting problem.

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Topics: Innovations, Infrastructure | No Comments »

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IT Slowdown: On-site Assignments Being Deferred

October 23, 2008 | 309 views

One of the main lures of a career in information technology (IT), the onsite opportunities to work aboard, have come to an all-time low, thanks to the financial crisis and economic slowdown in the US.

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Topics: Economy, Information Technology | No Comments »

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Hyderabad likely site of first Japan-India IIT

October 23, 2008 | 211 views

Hyderabad may soon host a unique IIT with a joint panel of experts from India and Japan agreeing that they could collaborate in establishing the premier institution for higher learning there.

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Topics: Education | No Comments »

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Wakf Land Unlikely For Electronics City

October 23, 2008 | 197 views

The Andhra Pradesh State Wakf Board is having second thoughts on giving land to the proposed Electronics City at Alur in Ranga Reddy district.

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Topics: Property Matters, Govt Failures | No Comments »

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HMDA Acquiring 225 Acres Of Forest Land For ORR Phase-II

October 23, 2008 | 246 views

ORR2
PERILS OF PROGRESS: Outer Ring Road is ploughing its way through green cover around Hyderabad

Forests are being razed down for ‘developmental’ projects around Hyderabad. In the latest instance, nearly 225 acres of reserve forest land at Tumkunta and Shamirpet is being acquired for the Outer Ring Road (ORR) Phase-II-B project.

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Topics: Environment, Infrastructure | No Comments »

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Rental Value Soars In Central Business District(CBD)

October 23, 2008 | 282 views

The demand for commercial space for the retail sector in the city’s central business district (CBD) has remained unaffected in spite of the economic slowdown. However, it remained flat in respect of the IT sector in the suburbs.

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Topics: Real Estate | No Comments »

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Shamirpet To Witness A Rise With Expressway Proposal

October 19, 2008 | 401 views

While others developed and prospered, this place waited for its turn patiently. For long, it remained a mute