HYDERABAD Projects and Updates - II

[bobbie501]

Originally Posted by ranga

why this doubt?Hyderabad will grow faster after Telengana state is formed.Hyderabad will be more cosmopolitan in culture with the north indian culture pervading faster and the beautiful urdu language regaining prominence.even Bollywood would migrate to hyderabad as the Nizam region for the hindi films distribution is always lucrative.

Awww what a joke!! I love the way Ranga sir cracks the joke, He's an amazing joker.....

[ygvjs2000]

Originally Posted by bobbie501

Awww what a joke!! I love the way Ranga sir cracks the joke, He's an amazing joker.....

+1

[HydSkyScraper]

Originally Posted by bobbie501

Awww what a joke!! I love the way Ranga sir cracks the joke, He's an amazing joker.....

Ranga...You are an amazing joker I say.

[deepakhearthacker]

Cluster theory is well known in management. But rarely has it been seen in the form apparent in the State
Hyderabad, April 22:

Psst… don't tell anyone, but Andhra Pradesh's infrastructure entrepreneurs, not content with dominating India's infrastructure sector, are going global now. They have started acquiring assets in emerging markets.

GVK and Lanco acquired mining assets in Australia while NCC has more than 10 per cent of its revenue coming from West Asia.

In India, Andhra Pradesh-based firms span irrigation projects, roads, airports and power, having outbid established players and outpaced them in growth. In fact, India's four best airports — Hyderabad, Bangalore, Mumbai and Delhi — are all managed by AP entrepreneurs.

Most of these entrepreneurs come from agricultural backgrounds and are rooted in contract engineering. They are familiar with taking up their own work for agriculture requirements be it local borewell or a canal.

The other important aspect is the drought-prone parts of the State such as Mahaboobnagar, Nalgonda and Ongole. These have traditionally provided a very robust migrant labour pool to back infrastructure works.
The political push

The real trigger for entrepreneurship came when large multi-purpose dams such as Nagarjunasagar and Srisailam, and projects such as Vizag Steel Plant and NTPC Ramagundam were developed in the 1960s, 70s and 80s.

The strong political strength of Andhra Pradesh also gave a big push to the growth of infrastructure companies. Both during the time of Mr N. Chandrababu Naidu, whose Telugu Desam Party was a key player in the United Front and later NDA Government at the Centre, as well as Dr Y.S. Rajasekhara Reddy's Congress Government, this entrepreneurship flourished.

Several companies like IVRCL, GMR, GVK, NCC and Ramki Infra have grown to a size, some of them past the billion-dollar mark, bagging huge contracts across the country in roads, bridges and airports. On the home turf, mega projects such as Jalayagnam, Indiramma Housing (irrigation and housing), gave the initial contracts to go bigger for some of these companies.

The close links can be seen in the form of some of the promoters either being politicians like Mr T. Subbarami Reddy or later turned politicians like Mr Nama Nageswara Rao and Mr Lagadapati Rajagopal. How this linkage helped in their growth is anybody's guess.

Mr L. Madhusudhan Rao, Executive Chairman of Lanco Infratech, said the turning point for AP was in 1980s when the local pride was triggered due to a changed political scenario. This also coincided with the opening up of the economy providing new opportunities for entrepreneurship.

“This is just a tip of the iceberg. If the XI Plan estimation for infrastructure spends was about $500 billion, it has now been pegged at $1 trillion for the XII Plan. This only shows that the scope for infra companies is unlimited. All construction companies have transformed themselves to infrastructure companies as a logical extension,” Mr Rao said.

Mr E. Sudhir Reddy, Chairman and Managing Director of IVRCL, said that the construction of the country's largest masonry dam (Nagarjunasagar) was a major trigger for contractors coming into play. It needed thousands of workers and scores of contractors. To execute projects of such large proportions, a large migrant work force was deployed.

“Several of the infra company owners now started as small contractors. Sensing opportunity they diversified and stepped up their presence. This is one area which did not require much upfront investments as they were based on cash contracts,” Mr Reddy said.

Mr A. Ayodhya Rami Reddy, Chairman of Ramky Group, said that the irrigation works on Krishna, Godavari river system and their deltas triggered a major wave for construction players in the State. Most of the entrepreneurs are agriculturists-turned contractor-entrepreneurs.

“Most of them started small with cash contracts, scaled up to EPC deals and graduated into asset building. This was a natural transition. With the Government presenting opportunities to work on build, operate and transfer (BOT) projects through public-private partnership (PPP) mode, the opportunities are unlimited,” Mr Rami Reddy explained.

Mr Nama Nageswara Rao, Member of Parliament and Founder-Chairman of Madhucon Projects, said AP companies began playing a role in infrastructure development in the last 30 years, taking up large projects as sub-contractors and graduating to be big players.

Their stamp could be seen even in the country's prestigious Konkan Railways project, where more than 50 per cent work was handled by AP entrepreneurs.
Start local, go global

Local companies have grown in size and stature bagging projects from across the country. An analysis of road contracts awarded thus far shows nearly 30 per cent of the projects have been bagged by AP infrastructure companies. “I believe this is also because of the inherent risk taking appetite which has made a difference,” Mr Nageswara Rao explained.

While there are about half a dozen well-known infra companies such as the GVK, GMR, Lanco, IVRCL, NCC, Ramky Group, and scam-hit Maytas Infra, now IL&FS Engineering, there are few other privately-held ones with significant presence. Some of the entities such as Navayuga Engineering are bigger than some listed ones.

Mr Madhusudhan Rao said, “Opportunities abound in infra sector. It is now a matter of consolidation on the platform most of the companies have created over the years. We now have several companies who are over 25-years-old. Significantly, they are all looking at opportunities in emerging markets.”

Gayatri Projects, a company promoted by Congress leader Mr T. Subbarami Reddy and now managed by his son Mr T.V.Sandeep Reddy, was founded in 1962. From taking up irrigation projects, it has diversified into roads, railways, and lately into power projects. It is executing three power projects through joint ventures.

Of late, infrastructure firms have diversified into new areas carving out a niche for themselves . “We have taken to environment management, an uncharted path in India and developing walk-to-work integrated townships. Both of them hold promise. We entered the road sector relatively late consciously as we wanted various issues in the sector to settle down,” Mr Rami Reddy said.

[deepakhearthacker]

Hyderabad, April 22:

Bulgaria has invited Indian companies to make it a home base to tap the European Union and take advantage of its multi-lingual workforce and tax incentives.

Assuring a hassle-free investment opportunity in Bulgaria, its Ambassador to India, Mr Borislav Kostov, said there is immense scope to increase trade ties between India and Bulgaria in the area of IT, hi-tech, pharmaceuticals, food processing and other areas.

Addressing a meeting hosted at the Fapcci, the Ambassador said Bulgaria is keenly looking at the prospect of free trade agreement between India and European Union which will have a positive impact on bilateral trade.

Citing the examples of Elder Pharma's acquisition in Bulgaria and their efforts to increase presence in the region, he felt other companies in drugs and pharma sector could look at tapping the local market.

He said Bulgaria's membership to the EU and potential that India holds for trade could help accelerate the business ties.
TOURISM

Mr. Kostov said that for Bulgaria with a country of 7.3 million already has more than 6 million tourist visitors.

It is one of the most attractive destinations. “We expect the number of tourists to cross the figure of our population this year. As a part of tourist promotion, we are conducting a special programme for Indian travel and tour operations and taking them to Bulgaria,” he said.
WINES & ROSES

“Bulgaria produces some of the finest wines. We are keen that the FTA talks cover this aspect so that Indians could savour them. The Rose Oil, which is priced as much as gold in volume and used in perfumery, is one of the most sought after products from this East European nation,” he said.

Assures hassle-free investment opportunity: The Andhra Pradesh Deputy Chief Minister, Mr C. Damodar Raja Narasimha, the Ambassador of Bulgaria to India, Mr Borislav Kostov, and the State Civil Supplies Minister, Mr D. Sridhar Babu, during the inauguration of Honorary Consulate of the Republic of Bulgaria in Hyderabad. — Nagara Gopa

[SRIK43]

Originally Posted by bobbie501

Awww what a joke!! I love the way Ranga sir cracks the joke, He's an amazing joker.....

because of this kind of attitude we are facing this situation today....if you dont like someone's opinion just ignore it..
thanks..

[SRIK43]

Originally Posted by Gudavalli

Whatever the decision may be, Hyderabad will develop faster after one is made.

+1000

[Gudavalli]

CA sets up Asia innovation centre in Hyderabad

Hyderabad, April 24 (IANS) US software and solutions company CA Technologies has set up its Asia innovation unit at its development centre here in partnership with the International Institute of Information Technology, Hyderabad (IIIT-H).

The centre is the company's third innovation centre in the world after the US and Israel. It will work in areas like cloud technology, big data technology, mobile security and management.

"This will become Asian innovation centre where we come together with IIIT to create an environment to add to the technologies that support what is happening in the industry today," Chief Executive Officer William McCracken told reporters.

IIIT-H Director Rajeev Sangal said: "We are looking forward to working with CA Technologies to help develop strategic software solutions that can address the most pressing business needs of their customers and the enterprise industry."

Terming India as big business opportunity for the company, McCracken said the CA increased its investment in India by over 25 percent for last several years. "We will continue to do that because it is already starting to show returns. In the past year as a revenue India has grown well beyond what we have known as a corporation."

The CA has already invested $60 million in creating the infrastructure for its operations in India. McCracken also said CA was looking for acquisition of technology companies in India.

[Gudavalli]

Hyatt expands its presence in India

HYDERABAD, APRIL 24:
Luxury hospitality project Park Hyatt Hyderabad has announced the commissioning of its signature Italian restaurant Tre-Forni and Oriental Bar and Kitchen.

After the soft launch of the marquee hospitality project, both the restaurants were formally opened late on Monday in the presence of Mr Francois Richier, Ambassador of France to India and Mr Zhang Yan, Chinese Envoy to India.

The Hyderabad-property has been developed with an outlay of Rs 800 crore by Gayatri Group promoted by Mr T. Subbarami Reddy. It claims to host the first-ever serviced apartments attached to a hotel.

Named The Residence at Park Hyatt Hyderabad, it offers “home away from home” experience with a wide range of services and facilities through these serviced apartments.

Mr T.V. Sandeep Reddy, Director of Gayatri Group, told Business Line that the Government needs to look at considering hospitality projects under the infrastructure sector and extend concessions associated with them. This would make hospitality projects more attractive.

He said the Gayatri Group is also considering taking up another hospitality project in the port city of Visakhapatnam.

Mr Sven Hoffmeyer, General Manager of Park Hyatt Hyderabad, said the focus is to provide enhanced hospitality experience. “We believe that Hyderabad has emerged as an important destination for business travellers with quality infrastructure,” he said.

For a large hospitality chain, a good number of visitors also come from its group properties. “We are looking at the opportunities unfolding here as the city grows as a business destination,” he said

[Gudavalli]

Originally Posted by SRIK43

because of this kind of attitude we are facing this situation today....if you dont like someone's opinion just ignore it..
thanks..

That's alright Sri, it's all part of the Banter.

[Gudavalli]

Number plates: Fresh tender notification today

HYDERABAD: The AP state Road Transport Corporation is issuing a tender notification on Wednesday for manufacture of high-security number plates for motor vehicles across the state.
According to RTC officials, May 7 is the last date for filing tenders and the tenders will be opened and the certificates and demand drafts will be examined on the same day.
The technical bids will be opened on May 8 and the financial bids on May 14.
The letter of award of contract will be given to the company which quotes the lowest price for manufacture of the number plates.
Fixing of plates to vehicles will begin on May 27.
The process of tenders has taken many twists and turns and even become controversial.
This is the third time that tenders are being invited for making of high-security number plates.
In October last year tenders were called but some advocates approached the Supreme Court complaining that the RTC did not follow the court’s guidelines.
After examining the tender process the court directed the state government to invite fresh tenders adhering to guidelines.
Accordingly, fresh tenders were invited on January 28 and four companies responded.
After technical bids were opened and financial bids were about to be opened, the government came to know though a judgment of the Allahabad High Court that one of the bidders had a criminal history, and asked the RTC to invite fresh tenders.
As per an affidavit submitted by the government to the court, fixing of number plates to vehicles has to begin on April 30.
In view of its impossibility now, the government is contemplating filing another affidavit seeking time till May 28.
The government had entrusted the number plates contract to the APSRTC.

[bobbie501]

Originally Posted by SRIK43

because of this kind of attitude we are facing this situation today....if you dont like someone's opinion just ignore it..
thanks..

I know how to behave you don't need to certify, do you accept someone ranting over the threads. Mind your business..your words show how illiterate you are.

[Vara123]

Originally Posted by SRIK43

because of this kind of attitude we are facing this situation today....if you dont like someone's opinion just ignore it..
thanks..

You go through the previous posts of Ranga and bobbie501. Then you know how they tease each other. Don't look each and every thing in the angle of region. Because of this kind of attitude we are facing this situation today.

[deepakhearthacker]

[deepakhearthacker]

Area Recorded Hike Of 26.7% In Monthly Rentals That Rose To 95 Per Sft,Says Study

Swati Bharadwaj-Chand TNN

Hyderabad: The citys status as a major retail destination has got yet another boost with the AS Rao Nagar area emerging as the surprise numero uno high street destination in terms of notching the steepest hike in rentals across the country ahead of other high street destinations in cities like NCR,Bangalore,Kolkata and Chennai.
According to a retail real estate market study for the January-March quarter of 2012 conducted by global real estate consultancy firm Cushman & Wakefield,AS Rao Nagar,which is emerging as a much sought after address by retailers,has recorded the steepest hike of 26.7% in monthly rentals that rose to Rs 95 per sft.
The citys Punjagutta area emerged as the third fastest growing high street destination in the country with an over 20% jump in monthly rentals to Rs 120 per sft,according to the survey.Vittal Mallya Road of Bangalore was the second fastest growing high street destination in the country with a 25% rise in monthly rentals to Rs 250 per sft.
A S Rao Nagar also beat other high street destinations like Kolkatas Park Street that grew 14.30% in terms of monthly rentals to Rs 400 per sft as well as Chennais Khadar Nawaz Khan Road that saw a 10.8% rise in rentals to Rs 205 per sft per month and NCRs South Extension I and II that saw rentals rising 9.10% to Rs 600 per sft per month.
Jaideep Wahi,director,retail services,Cushman & Wakefield,attributed the steepest hike in rentals to the high retailer demand for space in Hyderabad due to favorable consumer demand and affordable rentals as compared to other cities in India.
The persistent leasing enquiries and scarcity of suitable space in Hyderabads prime high streets and mall locations had pushed rentals upwards in the range of 9% to 20% across the city.The high demand for retail has led to vacancy of less than 2% in existing malls where retailers are conceding to renew their contracts with developers on higher rentals to avoid relocation, he said.
With several high-end /small format retailers actively evaluating space options,developers are willing to customize their spaces in order to accommodate expansion plans for the under-tapped retail potential in the city, Wahi added.
The study pointed out that the first quarter of the year had been positive for the overall retail market in India with the mall space moving cautiously to ensure a stable demand-supply ratio to maintain rental values even as high street destinations have continued to see increased demand and interest from a range of retailers.

A S Rao Naga

[HydSkyScraper]

Originally Posted by SRIK43

because of this kind of attitude we are facing this situation today....if you dont like someone's opinion just ignore it..
thanks..

We have been seeing this Joker's (Ranga) messages for the past 1 year and been frustrated.Again I m saying "Ranga is a big joker"

Then who are you to say others, what to say and what not.
Before telling others you should have ignored, if you don't like...instead you replied.
Because of this you are facing this situation today

[SRIK43]

Originally Posted by Vara123

Don't look each and every thing in the angle of region. Because of this kind of attitude we are facing this situation today.

My point exactly..Even by taking Ranga Ji's comment as a sarcastic one, what's wrong in hyderabad developing faster than the present pace if there is a bifurcation(if and only if)

[SRIK43]

And also by delaying the decision(whatever it may be), Hyderabad is loosing a bit, but other tier two cities in the state are loosing much more.
Global slump spoils Vizag’s IT dreams
Mar 31, 2012 - S.N.V. Sudhir | DC | Visakhapatnam

Tags: IT Visakhapatnam
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The state government’s plans to develop Vizag as the state’s second IT hub is unlikely to become a reality anytime soon thanks to global slowdown and lack of qualified manpower.
The Andhra Pradesh Ind-ustrial Infrastructure Corporation, which had allotted land to many firms for setting up facilities before 2008, has started issuing no-tices to recall land allotme-nts from firms that have fa-iled to keep their promises.
“Around 23 companies ha-ve been served notices for failing to start construction or for not starting operations,” APIIC zonal manager Mr Durga Prasad said.
APIIC has already cance-lled land allotments made to seven companies including Wipro Technologies. “We will cancel some more allotments after seeing the response to our notices,” he said.
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Land was allotted at three IT parks at Madhurawada and Resapuvanipalem in the city between 2005 and 2008 and everything seemed fine as the companies were bullish on expanding to tier 2 and tier 3 cities to save on high real estate costs in prime IT cities. However, the 2008 global recession changed everything.
More than 70 per cent of the IT companies that were allotted plots in the three IT SEZs have not started work. Of 46 companies who were allotted 91 acres in the Madhurawada IT SEZ, only nine have set up shop.
Mr Peter K. Scheenber-ger, president of Vizag Info-rmation Technology Assoc-iation said, “The city has a conducive atmosphere but global factors such as the 2008 recession might have had an impact on the firms that were allotted plots.”
Though IT and ITeS business in Vizag is growing at a faster rate than conventional IT hubs, the city seems to be lacking in qualified manpower.
“It is difficult to get qualified manpower in Vizag. While it is ideal for setting up a BPO facility, it is difficult to set up a full-fledged IT development facility as even people in the catchment areas of the city prefer to work in Hyderabad, Bengaluru or Chennai, instead of staying in Vizag,” said a senior executive of an IT major.

[Vara123]

Originally Posted by SRIK43

My point exactly..Even by taking Ranga Ji's comment as a sarcastic one, what's wrong in hyderabad developing faster than the present pace if there is a bifurcation(if and only if)

Even though I am not in favor of bifurcation of Andhra Pradesh without a National Policy on bifurcation, In case If Telengana is formed with Hyderabad as the capital; I still wish hyderabad would be developed faster than the present pace. Anyway there is a sub-forum in Andhra Pradesh forum to discuss about Telengana - Status and Development. We will please stop this discussion here.

[Gudavalli]

Soon you can pedal on the Cyberabad Infoway

HYDERABAD, APRIL 25:
If you are one of those who finds city life tough to handle and do not get pathways to walk and even ride a bicycle peacefully, don't lose heart.

Things could soon change. The Greater Hyderabad Municipal Corporation (GHMC) has an ace up its sleeve. This is not something that has come up suddenly, but as a matter of necessity. This tackles two issues, the last mile linkage from public transport terminal to workplace and convenience of commuters.

The GHMC is planning to develop a stretch of 22 km in the Cyberabad area, an IT hub and home for massive services companies. Lakhs of employees converge and leave every day.

The immediate trigger is to see that this stretch is ready ahead of the UN Bio-diversity Summit to be held in October 2012.

“This has an extremely positive impact on people who walk without any fear of being harassed by vehicles and honking while addressing fitness issues. Employees could have a nice start to their work day by bicycling for say a stretch of a km or two to reach offices, possibly shedding some calories in the process,” Mr M.T. Krishna Babu, Commissioner of Greater Hyderabad Municipal Corporation, said.

China is known for usage of bicycles and electric vehicles. This is possible as there are separate pathways for their movement without the fear of being knocked down. It is exactly the opposite here. Even if you want to ride, it is not possible to tread and pedal as it is hard to find your way in the traffic maze.

According to Mr N.V.S.Reddy, MD of Hyderabad Metro, cycle hubs and skywalks would come up at all stations. Commuters could ride them and leave them at designated locations.

Lately, with health consciousness and fitness top on busy executives' minds, the sales of cycles have gone up. But most find it hard to use them as there are no pathways. Scores of IT employees who have their homes close to their offices are seen to be using bicycles.

But a pedestrian and cycle pathway could trigger rapid usage.

If the 22-km stretch of cycle pathway seems to be a tall order, GHMC has a long term plan to develop a 100 km stretch of cycle-friendly roads. Any takers?