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Knowledge City to be set up in Visakhapatnam

Unitech Ltd has come to an agreement with the Andhra Pradesh government to set up the Vizag Knowledge City on 1,750 acres of land near Vishakapatnam, for which it will pay Rs 3,328 crore over a ten-year period. At Rs 52 lakh per acre, it may not be the Read More...
Posted Thursday, December 13, 2007 5:22 PM by Farooq M | 3 Comments

ADAG, Sobha team to build India's tallest building

A consortium lead by ADAG Group company Reliance Energy and Bangalore-based Sobha Developers has succeeded in their bid to build India’s tallest building ever built. Sources said, APIIC Towers, will be developed on 78 acres of land in Manchervelu Read More...
Posted Thursday, November 29, 2007 6:58 PM by Farooq M | 0 Comments

Peninsula buys property in Hyderabad for Rs 90 cr

The Ashok Piramal group's real estate arm, Peninsula Land (PLL), has purchased Rallis India's 31 acres of land at Patancheru near Hyderabad for Rs 90 crore. The acquisition, made through PLL subsidiary RR Mega Property Developers, marks the Mumbai-based Read More...
Posted Sunday, October 21, 2007 7:03 PM by Farooq M | 3 Comments

Opus Developers forms JV with Sunway City of Malaysia for Hyderabad township project

Hyderabad , India, July 03, 2007 - Malaysian property developer Sunway City Berhad has partnered up with Hyderabad based Opus Developers & Builders to develop a Rs.800 crore township on 14ha of land near Hitec City in Hyderabad. Announcing the venture Read More...
Posted Friday, July 13, 2007 3:41 PM by Ehsaan M.W | 2 Comments

Hyderabad's property prices have begun to fall

Hyderabad's property prices have begun to fall. But the correction will reflect in built up prices a year from now, reports CNBC-TV18. Hyderabad's new international airport will come up in Shamshabad. It is seen as the focal point of Hyderabad's Read More...
Posted Friday, June 08, 2007 6:01 PM by Farooq M | 6 Comments
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GHMC asked to form special squads:Hyderabad

Hyderabad , June 06: The Government has directed the Greater Hyderabad Municipal Corporation (GHMC) to form special squads to identify commercial complexes that have either evaded the property tax net totally or have been underassessed so that its revenues Read More...
Posted Friday, June 08, 2007 5:47 PM by Farooq M | 0 Comments
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Property’s most favoured FDI destination: Residential sector

94 per cent foreign direct investments have been made in tier-I cities like Delhi, Mumbai and Bangalore New Delhi , June 7: About $30 billion of foreign direct investment (FDI) is earmarked for real estate markets across Asia in 2007. Of this pie, India Read More...
Posted Friday, June 08, 2007 5:22 PM by Farooq M | 0 Comments

Property prices in Hyderabad set to fall: Huda

Hyderabad may now be the country's second largest city. But the city's big growth could actually mean property prices falling, reports CNBC-TV18. The Municipal Corporation of Hyderabad is now 450 sq km larger, second only to the National Capital Read More...
Posted Wednesday, May 09, 2007 6:48 PM by Farooq M | 1 Comments
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Panoramic Universal Limited Ventures in Hyderabad

Panoramic Universal Limited (PUL) the flagship company of the Panoramic Group has acquired a hotel property in Hyderabad from Shri Vatsa Hotels Private Limited at a total cost of Rs. 18 crores. PUL will convert this semi finished property into a 4 star Read More...
Posted Wednesday, May 09, 2007 6:27 PM by Farooq M | 0 Comments
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Indian Cities to face ecological stress, says satellite survey

The haphazard way in which the city is turning into a concrete jungle makes it vulnerable to severe ecological stress in near future, says a Lucknow University survey based on satellite data. The survey by the university's Geology department says Read More...
Posted Monday, April 16, 2007 4:25 PM by Farooq M | 0 Comments
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Hyderabad Real Estate. Its Cool in Hot Summer! Apartment, Plot Prices Stagnate.

The property prices in the once sleepy city of Hyderabad started taking off from the year 2002, spurred by growth of software and BPO business. Hundreds of US firms and leading Indian IT Players, have been ramping up scale of operations at Hyderabad. Read More...
Posted Wednesday, April 11, 2007 2:12 PM by Property Reporter | 1 Comments
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Mantri Realty to invest Rs 800 crore for real estate development in Hyderabad

Hyderabad, India, March 16, 2007 - Mumbai based real estate development firm Mantri Realty is to develop 12 million sq.ft of space on a 60 acre property near Hitec City in Hyderabad at an investment of Rs.800 crore. The firm plans to build residential, Read More...
Posted Friday, March 30, 2007 11:50 AM by Property Reporter | 0 Comments
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DuPont to set up plant biotech research centre in Hyderabad

Mumbai: DuPont will set up plant biotech research centre at the company's proposed knowledge in Hyderabad, its first such facility outside the US. The $20-million knowledge center is part of the company's $100-million reinvestment plan and will Read More...
Posted Monday, March 19, 2007 1:46 PM by Farooq M | 0 Comments
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