Hyderabad
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has decided that builders neglect essential safety measures so as obstructing under-construction sites, installing dust Screens and safety measures for employees throughout a special drive. Of the 445 buildings inspected in 3 days, it had been found 195 under-construction buildings were being built in violation of safety norms. The rules being ridiculed were those concerning [...] Continue Reading »
Excellence Group announces its tie-up with SMC Real Estate Advisors Pvt. Ltd. to promote and market their real estate projects. This will strengthen its presence in the industry as one of the leading players in Pune. Excellence Group, one of India’s leading business conglomerate, situated in Pune, announced its strategic tie-up with SMC Real Estate [...] Continue Reading »
The real estate companies based around Bangalore namely Puravankara, Prestige and many other are planning to set foot in other cities such as Mumbai or Pune and rule over other southern cities as well, including Mangalore, Hyderabad or Chennai for further growth. Prestige undertakes about 85% of the major projects of Bangalore in expecting a [...] Continue Reading »
The Bengaluru based publicly held infrastructure developer, GMR infrastructure has suffered a greater loss in the July-September quarter of this year amounting to Rs.610 crore. This is 1.5 times greater than its net loss of Rs.393 crore for the corresponding quarter last year. Reasons for Loss: There have been a number of reasons cited for [...] Continue Reading »
Chief Minister K Chandrasekhar Rao of newly formed state, Telangana has announced to add skyscrapers to the skyline of Hyderabad in the area of historic Husaain Sagar. He believes that this will help in improving the overall appeal and image of the city. A review meeting was held by Telangana Chief Minister K Chandrasekhar Rao [...] Continue Reading »
The Hospitality chain The Best Western Group last day made an announcement that the opening of a budget property Ashoka Hitec City that is going to be coming up in the IT hub of Hyderabad. Gaurav Sarin who is the Associate Vice President, Business Development Best Western India, said, that Hyderabad is rich in Indian [...] Continue Reading »
Telangana Government Chief Secretary Rajeev Sharma on Monday met Central Government representatives and apprised them of the progress the L&T Metro Rail Hyderabad project has made so far. Accompanied by BV Papa Rao, Advisor to Telangana Government, the CS met with Union Cabinet Secretary and Principal Secretary to the Prime Minister and briefed them about [...] Continue Reading »
Is Hyderabad facing the threat of losing its sheen as one of India’s preferred investment destinations and are investors worrying over their investments in the city after it has become capital of the country’s newest state of Telangana? Days after engineering giant L&T expressed concerns over the viability of India’s largest metro rail project coming [...] Continue Reading »
The GMR group is planning to set up an aerospace training centre in Hyderabad on the lines of the one established by Morocco. With the help of French multi-national firm Safran, the group has sent a team to the African country to study the model adopted by it. It has sought the help of Telangana [...] Continue Reading »
Layout permissions for construction of houses and buildings in Andhra Pradesh will soon go online; with the State government having deployed the requisite GPS (global position system) solutions. The GPS solutions have been deployed by the AP government in order to ensure that layout permissions are granted within a week. The layout permissions for houses [...] Continue Reading »
