In Hyderabad, with the entire Fever Hospital road on the verge of collapse, the municipal authorities have decided to take up re-construction work necessitating traffic restrictions on the roads leading to the hospital.
Tag: Hyderabad
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PE arm of HDFC may make first closing of realty fund
According to media reports, HDFC Property Fund may make first closing of its fourth real estate fund in March by raising $200 million from institutional and retail investors. The fourth real estate fund was launched late last year with a target size of $500 million and has promised to d
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Green ports: A long way off
Sustainable development of ports paradigm is gaining momentum, albeit slowly among Indian ports. But to speed up the movement, a holistic approach with suitable legislation, more driving forces, incentives and involvement of all stakeholders are essential
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Hyd’s Outer Ring Road toll tax to be revised from April
Motorists in Hyderabad will have to cough up more from April 1 for travelling on the Outer Ring Road (ORR). This move is in less than six months after collection of toll tax started on some stretches of the ORR. The toll collection agency PK Hospitality Services is getting ready to increase toll rates from the new financial year ie, April 1, 2013 as the government permitted the agency to increase fee every year.
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Realty prices in Hyd won’t go down further: Analysts
Now most builders and analysts in Hyderabad have concluded that real estate prices in the city canÂ’t go down any further and Telangana is no more an issue for Hyderabad Real Estate. Economists say that price is a reflection of demand and supply. But on the supply side, everyone knows land is a scarce commodity. And in the end, itÂ’s demand that determines the price.
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Hyd’s Srinagar Colony road declared a commercial one
In Hyderabad, Srinagar Colony main road has been declared a commercial road, paving the way for property owners to either construct or exploit their existing buildings for commercial use. Henceforth, the Greater Hyderabad Municipal Corporation (GHMC) will allow shopping complexes, hotels, hospitals, retail shopping activities, service establishments, function halls and petro filling stations on the road.
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Hyd’s Srinagar Colony road declared a commercial one
In Hyderabad, Srinagar Colony main road has been declared a commercial road, paving the way for property owners to either construct or exploit their existing buildings for commercial use. Henceforth, the Greater Hyderabad Municipal Corporation (GHMC) will allow shopping complexes, hotels, hospitals, retail shopping activities, service establishments, function halls and petro filling stations on the road.
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OMCs unsure on cash transfer for cylinders
State-run Oil Marketing Companies (OMCs) in Hyderabad and Ranga Reddy districts seem to have no clarity on how the cash transfer will take place for subsidized cylinders. Some industry sources feel that the finance ministry will transfer the amount to the respective oil companies who will then reimburse the amount in the individual bank acco
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OMCs unsure on cash transfer for cylinders
State-run Oil Marketing Companies (OMCs) in Hyderabad and Ranga Reddy districts seem to have no clarity on how the cash transfer will take place for subsidized cylinders. Some industry sources feel that the finance ministry will transfer the amount to the respective oil companies who will then reimburse the amount in the individual bank acco
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BHEL starts steam turbine generator unit in Ethiopia
Government-owned BHEL said it has commissioned its first steam turbine and generator (STG) unit at a power plant in Ethiopia of Africa. The steam turbine generator set of 12 MW capacity has been commissioned at the Finchaa Sugar Factory for the plant's own use, it said.The company said that the plant will supply process steam and power to the sugar factory and the excess power will be supplied to the Ethiopian Electricity Power Company.