Govt Failures
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Saturday, June 14th, 2008The revision of interest rates on home loans is sure to put a dent on the booming real estate sector. Both public and private sector banks have decided to review its interest rates structure at its asset liability committee meeting scheduled in Mumbai on Friday.
Builders Fear ‘Pro-Poor’ Order Is Unviable Building Block
Saturday, June 14th, 2008The state government’s decision to allot 25 per cent of space in layouts for economically weaker sections and lower and middle income groups has stirred up controversy.
Inflation Soars To 7-year High
Saturday, June 14th, 2008Inflation soared close to its seven-year high at 8.75 per cent for the week ended May 31, mainly owing to the continuing spurt in the prices of food articles and vegetables. This has led to apprehensions that the cascading effect of the fuel price hike could well push it to double digits in weeks.
‘Hyderabad: Green Again’ Campaign To Protect Trees
Sunday, May 18th, 2008In a tree-facing room in The Times of India building, architects, corporate consultants, former bureaucrats, IT professionals, homemakers, young students and social group representatives merged and donned a common identity, that of tree lovers, as they angrily condemned the government’s decision to hack the over three-century-old banyan at the questionable request of the US Consulate. […]
BPS Parking Norms Ignored
Sunday, May 18th, 2008Civic authorities, desperate to raise revenue, are regularising unauthorised additional floors under the Building Penalisation Scheme (BPS) even if they do not have adequate parking facility.
GHMC Transplants Fail
Sunday, May 18th, 2008A couple of years ago the Municipal Corporation of Hyderabad (now GHMC), under pressure from environmentalists, had decided to transplant chopped trees. But it’s intention appear to have been less than genuine: All the 10 transplanted trees dried and died in the past one year.
Expressway Fails To Pick Up Speed
Thursday, May 15th, 2008Tardy progress: A stretch of the Expressway at Mehdipatnam on Thursday. PHOTO: P.V. SIVAKUMAR
P.V.N.R. Elevated Expressway from Mehdipatnam to Aramghar on NH-7, the project to provide speedy access to the international airport at Shamshabad is not progressing at the desired pace.
Infrastructure Development
Tuesday, May 13th, 2008Photo courtesy: Business Line
Fading ‘green cover’: Rapid development in all spheres, accompanied by rising aspirational levels has paved the way for the 11.5 km express highway which is to ensure better connectivity to the greenfield airport at Shamshabad near Hyderabad.
T-battle: Land prices fall
Sunday, May 11th, 2008The battle for a separate Telangana state has almost made the land transactions come to a standstill in all registrar offices. Uncertainty about the future of this region has affected such transactions across Hyderabad, Ranga reddy, Nalgonda and Medak districts. The sales have fallen by 33 per cent and more than Rs 665 crore anticipated […]
Land auction irks TRS
Sunday, May 11th, 2008Prime land worth crores of rupees in the heart of the city will go under the hammer on May 23 when Andhra Pradesh Housing Board will put to auction over 10 acres in different plot sizes.
No takers for high-rise plans
Wednesday, May 7th, 2008Not many builders are willing to construct high-rises in the city though the state government had relaxed many norms including the height restrictions two years ago. In two years, officials of Greater Hyderabad Municipal Corporation (GHMC) and Hyderabad Urban Development Authority (Huda) have given permissions for 28-floor buildings only in a couple of cases. Of […]
1-hr Wait To Reach Shamshabad Airport
Friday, May 2nd, 2008Many air passengers travelling to the Shamsbahad airport in the evenings are getting stuck at the Uppuguda and Kandikal railway gates for more than an hour. The inordinate delay in constructing road overbridges at the railway gates is causing the problem.
Projects In Legal Web
Sunday, April 27th, 2008Projects in the state worth lakhs of crores are being stonewalled by litigation. Major infrastructure and industrial undertakings are stuck after their promoters — including top companies like Unitech, Wipro, Infosys, Lanco and Bramhani Steels — were dragged to court by people claiming right over the land that was allotted to the firms by the […]
Outer Ring Road - Where It Stands
Tuesday, April 22nd, 2008The much-hyped Rs 5,599-crore Outer Ring Road (ORR) project seems to have hit a major roadblock. After overcoming earlier controversies on alignment, it is now facing speed-breakers like land acquisition, obstructing structures, and litigation among others, stalling smooth execution, finds out Koride Mahesh.
HC Stay On Land Allotment To Judges, Scribes
Monday, April 21st, 2008The AP High Court on Saturday stayed the operation of four orders issued by the state government allotting house sites to cooperative societies set up by legislators, judges, All India Service officials (IAS,IPS, etc.) and mediapersons.
Beat It! Hyderabad Airport Built On Enemy Property
Friday, April 18th, 2008The left hand not knowing what the right hand is doing — this is generally the case in functioning of various government bodies. A recent example of this can be found in the land dispute that is brewing at the newly inaugurated international airport in Hyderabad.
Raidurg Land Private: Supreme Court
Thursday, April 17th, 2008The 30 year-old saga surrounding the controversial Raidurg land (Survey no. 83) has ended with a Supreme Court ruling that the state government cannot claim ownership of the property.
APHB Auction Suffers A Major Jolt
Thursday, April 17th, 2008The Andhra Pradesh Housing Board __ seen as a money-spinner for the state government — suffered a major jolt on Wednesday as buyers, notably big-time realtors, shied away from purchasing prime land it put up for sale in Hyderabad.
Fab City: Solar Units Rule The Roost
Thursday, April 17th, 2008The much-hyped Fab City has run out of land, without any other fab unit save one. Of the 1,050 acres at the proposed semiconductor complex, the government has already allotted about 600 acres to various companies leaving the 400 acres for common infrastructure facilities.
IRR works may be delayed
Sunday, February 10th, 2008Widening works of the 56-kilometre-long Inner Ring Road (IRR) that is crucial in providing connectivity from within the city to the international airport at Shamshabad is unlikely to be completed before the targeted date. Over 250 properties still stand in the way of the IRR widening. Negotiations and legal battles besides land acquisition process may […]
Connectivity to Shamshabad airport unlikely for six months
Sunday, February 10th, 2008The international airport at Shamshabad may be coming up at a brisk pace ready to be unveiled on March 16 but the drive to the same could be bumpy at best and risky at worst.
Real upset for HUDA ‘Empire’
Thursday, February 7th, 2008Discouraged by the poor response to its auction of land christened, The Empire, in December last, the Hyderabad Urban Development Authority (HUDA) has reduced the upset price to Rs 10 crore from Rs 12 crore per acre for a part of the venture that is yet to be auctioned.
State gets I-T shock on sale of property
Thursday, February 7th, 2008Urban development authorities in the state have been asked by the income tax department to pay around Rs 1,200 crore as capital gains tax on land sale proceeds. The income tax department has served notices in this regard on agencies in Hyderabad, Visakhapatnam, Vijayawada, Guntur, Warangal and Tirupati.
GHMC project to be delayed
Sunday, January 27th, 2008The Rs 60 crore-project to modernise slaughter houses is likely to be delayed with the Union department of food officials putting a spanner on Greater Hyderabad Municipal Corporation’s plan to modernise and reopen four of the five slaughterhouses in the city.
Expressway behind schedule
Tuesday, January 22nd, 2008Racing against time: Construction activity is in full swing at the Elevated Expressway which will provide faster access to International Airport at Shamshabad. -
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Photo courtesy: The HinduÂ
 If one is expecting to cruise along the P.V.Narasimha Rao Elevated Expressway - the longest flyover in the country - to the Shamshabad International Airport to be opened on […]
Fraud Uncovered In India Health Projects
Sunday, January 20th, 2008The World Bank said on Friday it had uncovered “serious incidents” of fraud and corruption in a review of five health projects in India and Bank President Robert Zoellick pledged he and the government would get to the bottom of it.
GHMC Ignoring Builders, And Penalising Owners
Friday, January 18th, 2008Did you check your flat’s layout plan before you purchased it? Perhaps it’s time you do with the builder-friendly government penalising apartment owners for any deviations in the building layout. Flat owners are predictably up in arms, finds Roli Srivastava.
State to lose land worth Rs 15,000 cr
Tuesday, January 8th, 2008Several influential persons, including Congress and Telugu Desam leaders, may get to keep lands worth Rs 15,000 crore on the city outskirts because of the official delay in declaring them surplus under the Urban Land Ceiling Act.
SC admits Jayabheri petition on ring road
Thursday, January 3rd, 2008The Supreme Court on Thursday extended its earlier stay on the construction of the Outer Ring Road in Hyderabad while admitting a special leave petition by Jayabheri real estate group and eight others opposing its realignment.
Hyderabad: GHMC to bulldoze ‘Sky Walks’
Sunday, December 30th, 2007Photo Courtesy: NDTVÂ
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Hyderabad is one of the sought after cities for education in engineering but the seven blunders that have come up in the city in the last one-year, built by the municipal corporation are perhaps reason to wonder.