In Hyderabad

Infosys is moving to Warangal Highway… Times of India Reports..

After a prolonged controversy over the location for setting up its largest campus in the country in Hyderabad, the IT bellwether Infosys has finally decided to set up two special economic zones instead of a single campus. nfosys has been allotted about 450 acres in Pocharam by the Andhra Pradesh Industrial Infrastructure Corporation recently for setting up of a facility. In fact, the IT major had entered into an agreement with the state government for taking its largest campus plans forward in March 2006.

ORR Phase 2 In trouble ? With ORR phase 1 being where it is, I didnt expect Times of India to remind us about the delays in Phase 2.. but anyway, they reported and here it goes..

The second phase of Outer Ring Road project is likely to get delayed as the Hyderabad Urban Development Authority is facing hitches in acquiring land for the project. The phase-II A work, which was supposed to begin from August 15, is not likely to begin at least till this October. The 62-km phase-II A of ORR will extend from Narsingi to Patancheru, and from Shamshabad to Pedda Amberpet.

Of the total 2,050 acres of land required for the project from Narsingi to Patancheru and Shamshabad to Pedda Amberpet, Huda could acquire only 1,350 acres. About 250 acres of land is caught in legal wrangles since farmers have managed to get a stay order from the court. Though some of them have agreed to give away the land, the acquisition procedures are yet to be completed.

Lanco Hills may not be all it was hyped up to be.. Their marketing hype seem to have generated a huge interest in this project.  Buyers were quick to realize that lanco was using the same old trick every other developer used so far.. “Release 10% of your total inventory and claim a successful launch when the 100 people give you a check for 2 Lacs each.. ” Cmon, we know what state those buildings are in today..

Want to buy a park from Huda ?.. Its possible in Hyderabad and particularly if its owned by Huda.. recent reports in Hindu and Eenadu indicate that Huda has gotten so desperate that its now trying to sell open green spaces in hot neighborhoods. What next KBR Park for a Resort ?

Since I landed in Hyderabad, every one kept claiming how soon the express way would be ready, but after seeing the delays in simple projects like panjagutta flyover etc., I was waiting for announcements in delays of expressways. As expected, this week Times of India reports that Huda has announced a delay in the construction of the PV Narsimha rao expressway by a year and the highway is expected to be completed by March 2009.

Of the 325 piers (pillars for the flyover), Huda has erected 20 so far. Huda also needs to acquire 2,500 sq yards of defence land in Mehdipatnam, 400 sq yards near the Musi river, 2,500 sq yards of private property in Aramghar apart from some other independent houses and gated communities coming in the way of the flyover. The acquisition process is still in the “advanced” stage.

Its raining SEZ’s in India. Not sure what all these SEZ’s will get for the taxpayer, but politicians and large companies are turning into landlords and at this pace, 50% of India will be really owned by the politicians and ambani’s.

The Centre on Tuesday accorded formal approval to six more special economic zones in the State. They include the two multi-product zones promoted by GMR at Shamshabad International airport and Sri City in Chittoor district. This will take the total number of SEZs in the State to 51.

Majority of the IT SEZs approved on Tuesday were in areas such as Warangal and Guntur, giving a fillip to the State’s government’s efforts to take IT to areas other than Hyderabad. The government, which has been getting requests for land only from smaller IT companies in these areas, is expecting to woo the bigger players with the SEZ status.

GHMC wants to fence its lands.. I dont see how fencing will stop the bada babus from encroaching on government land. It may just give them more of a reason to occupy a fenced property..

The Greater Hyderabad Municipal Corporation will begin fencing and erecting compound walls around its land to keep away land sharks.There are a large number of open spaces big and small in the 12 surrounding municipalities which were merged with Greater Hyderabad.Highly placed sources told this newspaper [DC] that the GHMC had records for over 700 open spaces running into nearly 20 lakh square metres.

Raidurg Auction is a flop as expected.. Government is late to realize that smart money is no longer participating in Hyderabadi auctions

The APIIC was struggling to get bidders for the 424acre IT district out of which 60 acres were put for auction in the first phase. Sources said top developers like DLF, Raheja, L&T and Ascendas made it clear that they would not invest hundreds of crores of rupees on land which is under litigation.

As kokapet, the much hyped golden mile continues to be still under a cloud of uncertainity [ Latest is that the developers who purchased land here dont have land and the government doesnt have the money to pay their advanced back ] with no clarity in sight for the bada babus and companies that purchased land in this area, Tellapur is evolving to be the same.

At tellapur, 400 acres of land was auctioned off and was acquired by ICICI consortium at 4.21 crores per acre. Apart from paying for the land, the consortium consisting of ICICI, Nagarjuna construction and Tishman speyers, intends to invest around 4000 crores for the development of township in this land.

Now this whole 400 acres is in court as an Industrial cooperative society claims to be the owner while the government claims this land as the absolute owner.

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