Telangana
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 »
L&T (Larsen and Toubro) Hyderabad Metro Rail Limited today hinted at the possibility of cost escalation of the elevated metro rail project by about Rs 2,500 crore to Rs 3,000 crore.The Rs 12,132-crore-project may need such additional funding for some of the unavoidable circumstances. These include the initial delay in the appointed date, inflation and [...] Continue Reading »
The Telengana Chief Minister K Chandrasekhara Rao has asked the Chairman of Piramal group Ajay Piramal to invest in the proposed Phama City that the State Government is planning to set up. The Chief Minister stated Ajay Piramal that he can set up a facility there and also find a place in order to develop [...] Continue Reading »
The Sivaramakrishnan Committee was appointed by the Centre to facilitate identification of site for the creation of the new capital in Andhra Pradesh. This committee will hold meetings with the State Chief Minister N Chandrababu Naidu on Saturday to discuss the various options. The State has clearly specified its interest to set up the capital [...] Continue Reading »
The government of Telengana is busy in giving the process of the new single window clearance industrial policy a final touch. The new facility will be inaugurated very soon, the chief minister Chandrasekhar Rao stated. The main agenda of the facility is zero corruption and the policy will be monitored by a special cell which [...] Continue Reading »
After the bifurcation of the state of Andhra Pradesh and formation of Telangana, the Telangana Government is planning for measures to give boost to the real estate and other construction projects. A single window clearance system will reduce red-tapism, enhance visibility and speed up the projects. Speaking at a real estate event Gruhapravesham, the first property [...] Continue Reading »
The L&T Hyderabad Metro rail project is likely to suffer delays, escalation of costs, and change in terms of concession agreement; with Telangana Chief Minister K Chandrasekhar Rao having suggested that the alignment of the project should be tweaked in congested business hubs and at a busy road near the heritage structures. The officials from [...] Continue Reading »
Location is everything, and when a new city is to be founded, getting in early on the action is a smart thing to do is a known fact to anyone who has ever dabbled in real estate. Therefore members of the committee of urban planners and urban policy experts were stunned to find their mailbox [...] Continue Reading »
According to global realty consultant, DTZ, because of rupee depreciation and fall in rentals amid political instability over Telangana, Hyderabad has become the world’s most affordable office location. In the DTZ’s list of top 10 least expensive offices space market in the world, four other Indian states fall which are Chennai, Pune, Bangalore and Kolkata. [...] Continue Reading »
The government of Andhra Pradesh is going to sell its equity share in some marquee urban infrastructure projects in Hyderabad, likely boosting up a row because the state is in the process of being divided to from Telangana. The stake sale could collect hundred of cores of rupees but it can also lead to controversy, [...] Continue Reading »
