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POPSMaytas may lose Hyderabad Metro deal Despite government-appointed directors taking over charge of Maytas Infra, its only key project Hyderabad Metro is once again in trouble with the Andhra Pradesh government weighing whether to take the project forward with or without Maytas.
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POPSLand 'allotted' to Satyam to be handed over to Navy A 50-acre land, "allotted" to Satyam Computers for setting up an IT Park at Kapuluppada village near Visakhapatnam, is now being handed over to the Indian Navy. On a request from Satyam, the state government "allotted" the land three years ago as part of its initiatives to promote growth of Information Technology companies in Tier-2 cities.
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POPSMumbai, Hyderabad witness drastic fall in mall rentals Once buzzing with a lot of business activity, shopping malls too are feeling the pinch of the slowdown. While mall rentals in retail hotspots like Mumbai and Ahmedabad have seen a correction of 36-42%, other shopping destinations like Hyderabad, Pune, Kolkata and the NCR saw a drastic dip since January 2009.
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POPS New launches trigger demand in realty sector After witnessing an acute slowdown during the third and fourth quarter of 2008, the real estate sector has shown some recovery in the first quarter of 2009 ending March 31. If trends of absorption for the period January-March 2009 are any indication, a report prepared by PropEquity Research
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POPSKokapet is the new realty hub of Hyderabad Kokapet is now being touted as the city’s most attractive real estate location. It is situated in the epicentre of prestigious IT corridor and is also strategically located between Gachibowli and the Greater Hyderabad zone.
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POPSHyderabad Major Projects Forests are being razed down for ‘developmental’ projects around Hyderabad. In the latest instance, nearly 225 acres of reserve forest land at Tumkunta and Shamirpet is being acquired for the Outer Ring Road (ORR) Phase-II-B project.