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Hey guys

Lepakshi knowledge hub in Ananthapur district is going to be a major hub of industries in the near future.
Any postings of developments/ updates of projects in the district are appreciated.:)
 

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Discussion Starter · #2 · (Edited)
Lepakshi knowledge hub to be busy with public sector units

Hey guys

Lepakshi knowledge hub in Ananthapur district is going to be a major hub of industries in the near future.
Any postings of developments/ updates of projects in the district are appreciated.:)
BEL, ECIL, HAL have submitted proposals worth 2000crore to Govt. of AP to establish new units in Ananthapur beside where BDL has sought land for it's missile unit.:)
 

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Solar photovoltaic plant commissioned in Andhra Pradesh

US-based Abound Solar, a top manufacturer of thin-film photovoltaic modules, and Solar Integration Systems India Pvt Ltd (Solarsis) today announced the commissioning of a 1 MW solar photovoltaic plant at Kadiri in Andhra Pradesh. The commissioning officially took place on January 14 and comes less than a year after the two companies announced a partnership targeting the fast-growing Indian solar market, according to a release said. The project in Ananthapur district was commissioned under the Rooftop and Other Small Solar Power Generation Plant (RPSSGP) scheme as part of the Jawaharlal Nehru National Solar Mission (JNNSM). It is the first project in Andhra Pradesh to use Abound's Cadmium Telluride (CdTe) thin-film modules. The combination of Abound's low-cost modules, along with Solarsis' homegrown racking and mounting solution, cut down on overall balance-of-system (BoS) cost of the plant, the release said. "This plant will generate operational data on different technology performance in Indian weather conditions," Venkat Rajaraman, CEO of Solarsis, said. Craig Witsoe, President and CEO of Abound, said "India is a key market for Abound due to our US-made CdTe panel's excellent performance in India's climate." "We have a significant installed base in India and see this growing in 2012," he added.

Source:http://ibnlive.in.com/generalnewsfe...nt-commissioned-in-andhra-pradesh/951469.html
 

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Lepakshi to develop hi-tech electronic city in Andhra Pradesh

Lepakshi Knowledge Hub today announced that it has formed a joint venture with GEM and Vittal Innovation City in order to develop 'Hi-Tech Electronic City' within the 10,000 acre LKH ecosystem at Anantapur district in Andhra pradesh.

The project, spread over 2,650 acres of land, will put India into the select list of countries that have Global Hi-Tech Innovation eco-systems.

The electronic Hub at LKH is expected to attract investments of more than Rs 11,000 crore and create employment for 75,000 people in the next 5-10 years.

An MoU has been signed between the government of Andhra Pradesh and the joint venture partners for the ‘Hi-Tech Electronic City’ at the concluding day CII Partnership Summit here today.

Global Emerging Markets (GEM), headquartered in Geneva, will bring in investments for the project, while Vittal Innovation City led by Mr N Vittal, Former Secretary, Union Electronics and Telecommunication Ministry, have already prepared the concept master plan and will develop the project along with Lepakshi Knowledge Hub

Source:http://www.newkerala.com/news/2011/worldnews-144446.html
 

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Several Central PSUs line up for projects in AP

Several large Central public sector undertakings (PSUs), including those from the Defence sector, are keen to set up projects in Andhra Pradesh.

These include Hindustan Aeronautics Ltd with a chopper facility, Bharat Electronics Ltd, Nuclear Power Corporation India Ltd for nuclear reactors and Bharat Dynamics Ltd for missile facilities.

According to latest information from the State Government, Bharat Dynamics Ltd, has come forward to set up projects in Andhra Pradesh, one at Anantapur, two in Chittoor and another project at Ranga Reddy districts.

The State Government has handed over 32 acres to APIIC for BDL’s Rs 500-crore project at Ibrahimpatnam in Ranga Reddy district.

The Government is in the process of making necessary arrangements for land at Anantapur (630 acres) and Chittoor (411 acres) districts.

Nuclear Power Corporation of India Ltd is planning to set up two large nuclear reactors at Adoni in Kurnool district and another one at Visakhapatnam. The Government is making arrangement for allocation of 1,000 acres for two projects along with water and power supplies.

HAL is planning a greenfield project for manufacture, repair and overhaul of 3 tonne to 12 tonne helicopters, with an outlay of Rs 4,000 crore.

The Government has made necessary arrangement for land and is considering extending of tax holiday for 10 years.

Bharat Electronics Ltd has come up with a proposal for integrated radar testing facility with an outlay of Rs 500 crore and has sought 100 acres at Lepakshi Knowledge Hub in Anantapur district.

BEL has also sought another 40 acres for setting up a Rs 100 crore unit at Chittigudur in Krishna district of the State, wherein it plans to invest about Rs 100 crore. BEL also plans another facility at Ibrahimpatnam in Ranga Reddy district with an outlay of Rs 500 crore.

These PSUs are likely to sign up during the CII-Partnership Summit to be held in January 11-13.

The Government had earlier managed to convince NTPC-BHEL combine to set up a power equipment venture at Mannavaram near the temple town of Tirupathi. The project entails an outlay of Rs 6,000 crore.

Source:http://www.thehindubusinessline.com/companies/article2768679.ece
 

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Lepakshi hub to have textile park

Source: http://www.business-standard.com/india/news/lepakshi-hub-to-have-textile-park/466268/

An integrated textile park is proposed to be developed within the 10,000-acre Lepakshi Knowledge Hub (LKH) in Anantapur district of Andhra Pradesh, a go-ahead for which has already been received from the project approval committee of the Union ministry of textiles under its ‘Scheme of Integrated Textile Parks’.

LKH has identified 130 acre towards setting up the textile park, which will see an investment of Rs 120 crore to develop common infrastructure, design studios, ready-to-use garment manufacturing units, garment training institute and a trade hub.

A total of 15 apparel and textile companies will establish units related to fabric production, home textiles and readymade garments manufacturing in the textile park along with a fashion school. The total investment in the park is estimated to exceed Rs 660 crore, including Rs 288 crore towards installation of plant and machinery, LKH said in a press release on Wednesday.
“Work on the integrated textile park will commence this April. Once fully operational, the park will employ over 10,000 people, mainly women, from neighbouring villages,” said Srinivasa Balaji, managing director of LKH.

The integrated textile park, being developed with the participation of the Andhra Pradesh government, also proposes to have other components such as a biotech special economic zone (SEZ), an aerospace and precise engineering SEZ, a free-trade warehousing zone and an Ayush Park. LKH has already received all the necessary approvals from the Centre for these projects.

Balaji said that Lepakshi had also received a letter of intent from garment manufacturers based in Bangalore for creation of 100,000-sft of built-up space to start operations. “Lepakshi will create an additional 200,000-sft space for the same companies in the second phase. The project is expected to get completed within 18 months,” he added.
 

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IISC new campus in ananthpur

Source : http://www.newzstreet.tv/ns/content/iisc-team-scouts-land-its-ap-campus
IISc team scouts for land for its AP campus

The reality of the Indian Institute of Science (IISc) campus in the state took a positive turn with the visit of a team to Pinnamattur village near Lepakshi in Anantapur district on Monday.

The team consisting of Prof. Umapati from the Department of Inorganic and Physical Chemistry, IISc; Ashok Raichur, IISc; Ajit Kembar, Director, Inter University Centre for Astronomy and Astrophysics, Pune; Prof. Bala Iyer, Raman Research Institute, Bangalore and IISc Special Officer Jagdish inspected the land earmarked for the proposed institute.

Anantapur Collector, Durga Das, AP Invest Sector Head, Rajendra Kumar Byri, and other officials accompanied the team that inspected whether the place has the specific requirements needed for the establishment of a IISc centre. A senior official said that the committee was happy with the 1,000-acre land shown to them though it needed some improvement with regard to infrastructure and connectivity. The IISc plans to set up Science and Innovation Campus.
Interestingly they have asked to acquire the land in L shape, as per the following article in the eenadu
http://epaper.eenadu.net/svww_zoomart.php?Artname=20120302a_005101014&ileft=32&itop=993&zoomRatio=130&AN=20120302a_005101014
 

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Ayush park to come up in Anantapur

Source: http://www.thehindubusinessline.com/industry-and-economy/article3280205.ece

HYDERABAD, APRIL 4:
Lepakshi Knowledge Hub will set up a AYUSH Park in Anantapur district of Andhra Pradesh. With an investment of Rs 18 crore, the Park will host a cluster of companies that develop and manufacture products derived from medicinal plants.

The 20-acre project has got clearance from the Ministry of Health & Family Welfare. It has a potential to attract over Rs 125 crore investment from enterprises, said Mr Srinivas Balaji, Managing Director, LKH.

The Ayush Park is expected to create employment for over 100 people and provide income opportunity for over 5,000 farmers in the related sector. It will also connect farmers in the region with the market for their produce.

The Ayush facility will include research and development, testing and analytical facilities, common processing, manufacture, packaging, storing, etc., to facilitate the enterprises, he said in a press release.
 

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Andhra Pradesh CM approves Satya Sai Water Supply Scheme-II for Anantapur

Source: http://www.orissadiary.com/Shownews.asp?id=33328

Hyderabad: The Chief Minister Mr N Kiran Kumar Reddy today in principle agreed for the Sri Satya Sai Water Supply Project Phase II for Anantapur District. The Chief Minister held a review meeting in this regard with Minister and officials at Secretariat.

Minister for Municipal Administration, Mr. M Maheeedhar Reddy, Chief Secretary Mr. Pankaj Dwivedi, Principal Secretary, Municipal Administration and Urban Development, Mr. Sam Bob, Principal Secretary, Energy, Mr Dinesh Kumar, Principal Secretary, Irrigation, Dr Prashant Mahapatra, Secretary, Rural Water Supply, Mr Vikas Raj, Technical Adviser, Rural Development, Mr R Kondal Rao, Secretary to CM, Mr. K S Jawahar Reddy and other officials attended the meeting. The Satya Sai Trust will take up the Phase-II water supply scheme to provide water to 118 habitations in Anantapur district. The Phase-I run by the Trust already provides water in 732 habitations.

The Satya Sai Trust also provides water supply in Medak, Mahboobnagar, East and West Godavari districts. The Chief Minister directed that the Rural Water Supply department will be the nodal agency for the project. The Chief Minister also approved to provide 0.164 TMC Water from the Chitravati Balancing River in Anantapur district.
 

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Hyderabad, Apr 21(PTI)Government of India enterprise KIOCL (formerly Kudremukh Iron Ore Company) has expressed interest in setting up an integrated steel plant in Anantapur district of Andhra Pradesh subject to granting of iron ore mining lease. A delegation of KIOCL officials led by its chairman and managing director K Ranganath met Chief Minister N Kiran Kumar Reddy yesterday and sought allocation of iron ore mining lease in the Anantapur district. "KIOCL will invest in development of mines, beneficiation plant, pelletisation plant and value-addition plants and an integrated steel plant with an investment of Rs 8,000 crore," a press release from the Chief Minister's Office said, quoting Ranganath. The KIOCL chief requested the state government to grant prospecting license and mining lease for taking up the project that could generate 8,000 jobs. The Chief Minister instructed the officials to convene a meeting at the earliest to work out the modalities in this regard, the release added.
 

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KLE University’s College of Pharmacy, Belgaum and the Raghavendra Institute of Pharmaceutical Education and Research (RIPER), Anantapur, have together embarked on an initiative called as ‘ACCESS 2012’ to expand clinical pharmacy services for the benefit of other pharmacy institutions.

The programme ACCESS 2012 was adopted in response to discussion between two pharmacy institutions. The main objectives of this programme was to orient participants in practical aspects of clinical pharmacy and also to impart training for better clinical exposure in par with excellence.

ACCESS 2012 was designed to focus on the current status and need for expansion of clinical pharmacy services for better patient care. The key modules covered were hospital pharmacy management, drug information, patient counselling, pharmacovigilance and clinical research.

“India will need a strong pool of medical writers to communicate the outcome of the pharmaceutical and medical technology developments. The demand comes in by the increasing number of assignments in clinical research. The big advantage for India is the vast English speaking qualified work force,” according to both KLEU and RIPER.

Pharmacy candidates are the most-sought after for this assignment because of their aptitude for understanding medicine and health sciences. This calls for the need to have a dedicated training to help candidates keen to pursue medical writing as a profession. An important requirement includes the ability to communicate effectively, identify audience’s needs ability to gather and integrate data, analyze and interpret the information, stated Dixon Thomas, Professor and Head, from RIPER, Anantapur.

In addition, medical writing training will focus on literature searches, simplify complex concepts, manage time, meet deadlines and master new software programmes. In fact, there are clinical research organizations, hospitals and pharma majors looking for clinically-relevant research background candidates with a having publication record, peer-review/journal involvement, added Dixon.

Delving into the issue of Medication Therapy Assessment & Management, Thomas said that implementation & monitoring of the care plan were important in clinical services. In this regard, he called for a Pharmacist’s Care Plan which would clearly outline each drug-related problem providing details of all potential drug-related problems. The Plan would also be a recommendation of additional healthcare services from which the patient may benefit, and identification of appropriate risk factor reduction and disease prevention strategies.

Addressing on the issue of supply chain management, Prof. M S Ganachari, Professor & Head, Department of Pharmacy Practice, KLE University, Belgaum, said that only organized and systematic distribution would benefit not just the company but pharmacies and patients. In clinical services, supply chain management was also a critical component.
 

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HYDERABAD - In a unique achievement, a group of five engineering students in Andhra Pradesh have developed a remote-controlled Robotic Command system which can beam real-time images to commandoes from inside a building in a hostage situation.
The device, developed by B.Tech (Information Technology) students from GATES Institute of Technology in Anantapur as part of their final year project, will be helpful in situations similar to the one created by the 26/11 Mumbai terror attacks. That the Defence Research and Development Organisation (DRDO) extended financial assistance of Rs 600,000 for the project is an indicator of the importance attached to the development of the device.

For the students’ team comprising P Bharath, Vinay Kumar Dasagranthi, G Ramesh Babu, G Harish Kumar Reddy and V Sai Rahul, it was a proud moment when they presented the prototype before a galaxy of 280 top scientists including the DRDO Chief Dr V K Saraswath and “Missile Woman” Tessy Thomas of the Agni 5 project.

The prototype was demonstrated at a special programme organised by the local chapter of the Aeronautical Society of India. In the first phase, the prototype has been confined to capturing the video and transmitting it in real time. The young researchers plan to equip the robotic machine with artificial intelligence, auto navigation and facial detection features in the next two phases.

Says a beaming Vinay Kumar: “We are all excited that we have been invited for the next Aerospace meet to be held in Delhi. The Defence Minister will be attending the meet.”

Explaining the working of the project, Bharath said the prototype was fitted with high resolution video cameras which can sneak into any premises, capture the video and instantly relay the same to the devises strapped to the wrists of commandos. “The robotic command system thus helps the commandos to make a quick decision and launch a counter attack with absolute knowledge of the number of firearms and terrorist inside the building,” he said.

“Linked to a data bank of law breakers, identifying the group or an individual will be easy for the law enforcing forces,” Vinay said. The robotic command system would come in handy for commandos, police personnel and firemen.

The project, which is expected to be completed by the end of 2013, can also be operated by an android phone. The robot will also have infrared cameras to capture the thermo-graphic images useful for firemen and police personnel. In case of fire, the robot will be able to locate the people inside, helping in faster evacuation.
 

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The free fodder centres, set up by government, have come in handy for farmers in Anantapur district, where most wells have dried up and the depleting water table has made hand pumps empty.

It would have been a disaster for farmers had not government provided their cattle with free fodder for the last two months.

Fodder centres at Penukonda, Madakasira and Pennahobilam are currently accommodating over 25,000 cattle. In all, 4,469.98 metric tonnes of fodder were supplied to the three fodder centres, according to officials.

Meanwhile, the Shirdi Sai Global Trust has been providing mid-day meals to farmers who come with their cattle to the Penukonda fodder centre.

Farmers were also provided with meals at the Madakasira fodder centre under the aegis of minister for revenue N. Raghuveera Reddy’s family.
 

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Anantapur: Sri Krishnadevaraya University Vice-Chancellor K Ramakrishna Reddy participated as the chief guest in an anti-ragging awareness seminar at SKU College of Engineering and Technology in Anantapur on Monday. Addressing the engineering students, the Vice-Chancellor said many students are ending their lives due to ragging and suggested the seniors to stop ragging and teasing the juniors to develop friendship.

SKU NSS coordinator Prof. D Anjaneyulu said that students should develop amicable relations among them and pursue studies. Youth should participate in social services and should get a good name in the society, he suggested. College principal Nagabu shan Raju, NSS programme officer S Anjaneyulu and students participated in the programme.
 

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Anantapur: A memorandum was submitted to the Vice- Chancellor of Sri Krishnadevaraya University Prof Kada Ramakrishna Reddy under the aegis of AISF, SFI, NSUI and BC Unions urging him to launch a probe into misappropriation of funds worth lakhs of rupees in the university hostels’ maintenance.

Speaking on the occasion, they said that it is unfortunate that the university officials stopped salaries to some officials instead of stopping it to the main accused.

They demanded the authorities concerned to stop the increments and salaries to all the culprits. They alleged that the accused had siphoned off the funds of SC, ST and BC students.

Meanwhile, the Vice-Chancellor assured to take action against erring officials within week days. AISF leader Ankanna, Venkatesh, Jagadish, SFI leaders Raju, Guruswamy, Obelesu, NSUI leaders Konda Reddy, Rammohan Reddy, Ravindra, Kalandhar, BC Association leaders Nagendra, Narayanappa, Gowdappa and others were present.
 

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Anantapur: Members of various student organisations staged a novel protest by pretending that they were committing suicide by hanging. They were demanding the implementation of government order 203 in Sri Krishnadevaraya University here on Sunday.

Speaking to newsmen, they alleged that though they launched relay hunger strikes 19 days ago, the University authorities did not respond to their demand.

The officials were insensitive to the issue and did not respond despite their repeated appeals, they added. They warned that they would intensify their stir if the government failed to implement the government order soon.
 

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Anantapur: Chief Minister N Kiran Kumar Reddy will dedicate the mega-irrigation project of Hundri-Neeva Sujala Sravanthi (HNSS) to the nation during a public meeting to be held at Jeedipalli of Uravakonda Assembly constituency in the district on November 29.

According to the District Collector BL Chenna Keshava Reddy, the Chief Minister will reach the site at 1 pm from Hyderabad and will visit a photo exhibition on ‘HNSS Bhagiratha Vijaya Yatra’ before addressing the public meeting. The ‘HNSS Bhagiratha Vijaya Yatra’ will end at Jedipalli on the same day.

Kiran Kumar Reddy will greet the Revenue Minister and other leaders and take part in the public meeting in which he would dedicate the project to the nation. The CM will return to Hyderabad in the evening. Dharmavaram Town CI Anjaneyulu was injured when he fell down from the stage. He was rushed to Anantapur hospital in 108 emergency vehicle.
 

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Anantapur: South Central Railway (SCR) General Manager GN Asthana visited the town railway station and inspected various passenger amenities and different wings of the station office here on Wednesday. He inaugurated the newly-built ‘Railway Kalyan’ wing in the Station.

Speaking to newsmen, Asthana announced that they were ready to sanction funds worth Rs 30 crore for the construction of a bridge at level crossing 127 in the town if the local officials come up with proposals. Anantpur MLA B Gurunath Reddy met Asthana and submitted a memorandum on issues related to passenger amenities and infrastructure facilities at the station on the occasion.
 

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Location matters

AREAS OF INVESTMENT



Bindu Gopal Rao speaks to a cross-section of realty professionals to get an understanding of which localities are the best bets for investment in Bangalore.


In the Bangalore Development Authority Master Plan 2015, the government has allocated 12,000 acres of land for ‘hi-tech’ use. The said land covers Kengeri in the West and Electronic City, Whitefield, Varthur and Begur in the southern part of the city. In Bangalore East, there are seven notified SEZs and the proposed investment is Rs 4725 crore with an employment potential of 1,08,500.

The southern part of Bangalore has already seen the establishment of major IT parks which has triggered the growth and development of residential spaces. The KSIIDC has also earmarked 400 acres for Devanahalli Business Park (DBP) and around 300 acres will be given for commercial development on the Build-Operate-Transfer (BOT) model. Growth has been pretty even in most outbound directions.

“The north in particular is seeing the development of a few industrial parks over the next five years which will fuel the growth of ancillary support sectors. Apparels, back office support business and such have been typical of the kind of business infrastructure that the city has witnessed these last two decades,” says Chandrashekar Hariharan-CEO & Co Founder BCIL ZED Homes. The highest demand is currently for 3BHK apartments with a ticket size of between Rs. 40-50 lakh.

“In Bangalore, the real estate market growth had reached its peak at 30% per annum towards 2007. Today, the city is recovering steadily from the effects of the global financial crisis and growth can be pegged at a steady 10-15% per annum,” opines Karun Varma, Managing Director (Bangalore & Kochi) Jones Lang LaSalle India. “The market witnessed slow recovery for all segments of real estate in 2010 but it is expected to grow by 10-15% in the next six months,” says Harinder Dhillon, VP-Marketing, Raheja Developers.

Growth drivers

Bangalore as a whole has a diverse set of economic drivers that include IT/ITES, biotech and aerospace engineering, with a lot of the existing demand coming from these sectors.
Commercial office development is shifting into new areas and opening them up for residential property growth, and most of the micro-markets in Bangalore are still quite affordable. Says Kruti Jain, Director, Kumar Urban Development, “the availability of land parcels for commercial development is one of the main factors driving development in these locations. Other significant factors are the proximity to the airport, and upcoming residential, educational and hospitality developments.”

A steady increase in population has resulted in greater demand for housing facilities and commercial and retail space in the city. “Bangalore has considerably led the recovery within the commercial property space as an anticipated supply of 12.61 million sq. ft. is expected through 2010. Also secondary business districts in the city are becoming preferred locations for commercial activity as there are large land parcels available in these areas which could support corresponding residential requirement at affordable rates,” says Sachin Sandhir MD & Country Head, RICS India.

Anshuman Magazine, Chairman & MD, CB Richard Ellis South Asia Pvt. Ltd. explains, “Large scale expansion by a corporate occupier means that a large chunk of ‘Grade A’ commercial property stock is getting added to the city’s skyline every year. This implies highly lucrative investment grade opportunities for an investor in the Bangalore commercial property market. Secondly, the residential market which has always been strong in the city, and the IT boom in the city which has brought a lot of migrant population inflow looking for quality dwelling units. This has further strengthened residential demand in the city.”

Infrastructure advantage

Wherever there is improvement in infrastructure, there is an increased real estate activity and subsequent demand. “In south Bangalore, close proximity to the NICE corridor, improved connectivity to Electronic City, prestigious schools, high-end hospitals and retail chains, property investments in south Bangalore have led to a surge in demand. In north Bangalore, the International airport and the six-lane expressway have resulted in a lot of prestigious projects in its vicinity,” opines Sushil Mantri, Chairman and Managing Director, Mantri Developers. In the next one or two years, north Bangalore, in particular Devanahalli will see a lot of commercial development with the recent Global Investors’ Meet having brought a lot of focus to the area. There are three industrial parks on 3,000 acres of land which are proposed.

“Worldwide, the trend has been that cities are built around airports. Another reason why north Bangalore is the best location to buy today is the connectivity. There are plenty of infrastructure projects which are being planned in north Bangalore which will make it the most well-connected locality in Bangalore,” says T S Sateesh, Managing Director, Hoysala Projects.

Agrees Alok Kumar Singh, Executive Director - Strategy and Fund Operations -Azure Capital Advisors Private Limited, “We expect significant action to happen in north Bangalore after three-four years when some of the investments committed during the Global Investors’ Meet start showing initial results.

“West Bangalore is seeing a very moderate uptake in residential real estate. Residential projects in West Bangalore have been observed to be taking longer than anticipated time to sell out. Prices also have remained stagnant after the last correction. The launch prices in new projects have already started going up in most of these areas. Just around start of this year most of the apartments on Outer Ring Road close to Intel were quoting around Rs 3,500/sq. ft. whereas now second sales are happening at Rs 4,000/sq ft.”

“The widening of National Highway 7, improvement of roadwork on National Highway 207 and State Highway 104 (connecting Whitefield and Hoskote to north Bangalore), is also paving the way for various residential, industrial and commercial developments. The improvement in road connectivity from Hoskote to Whitefield and Tumkur Road to North Bangalore are other factors,” says Girija Prasad, CEO-India, REBI.

CBD rules

With the upcoming metro, most of the peripheral areas are likely to get a faster connection to the Central Business District (CBD) in the coming four-five years. Connection to the Airport is also likely to get easier for these areas with the upcoming Peripheral Ring Road and the Satellite Ring Road.

Because the route of Metro’s Reach One passes through the city’s CBD it will give a greater thrust to the commercial growth here. Bangalore’s CBD is the most attractive and suitable real estate destination for new firms entering the city. In recent times, the combination of residential complexes located nearby and development of shopping malls as entertainment centres have given the CBD a new life.

Because rentals here are high, the tenants opting for office and retail spaces here will want the best in terms of infrastructure and services. Hence, the metro running through the CBD will spur demand for space along the route.

Heading north

Says Sam Chopra, Director - RE/MAX India, “Presently, real estate in North Bangalore is undergoing rapid transformation due to commercialization. Also, it is noticeable that the region has significant residential real estate activity, along with commercial developments. The demand is growing with corresponding low supply in the pipeline. Other significant factors are the proximity to the airport, road projects and upcoming Business Park in Devanahalli.”

North Bangalore is ruling the realty charts in a sense. “In the recent past we have seen a huge influx of residential supply and demand in the north of Bangalore.
Areas such as Sanjay Nagar, Sahakar Nagar, Hebbal, Jakkur and as far as Yelahanka New town have been areas in high demand.

Yelahanka - Doddaballapur road is witnessing a huge demand for landed properties such as villas and private gated colonies. While the North develops in a more efficient and organised fashion, Sarjapur Road and Bannerghatta Road still has its loyal customers. But with the market opening up in the North, developers and investors alike are skeptical of new developments in the east and south east of Bangalore,” says Ravindra Pai, MD, Century Real Estate.

North Bangalore is most likely to see the highest level of appreciation which may given go up to 20-30% in some properties. The real estate boom from Devanahalli near Bangalore is also creating a lot of spillover in places like Anantapur, Madakasira, Hindupuram, Chilamathur, Lepakshi, Parigi, Gorantla, Obuladevara Cheruvu of Anantapur dist which are as far as 65 km to 120 km away from Bangalore.

Public-private partnership

Adds Snehdeep Aggarwal, Founder and Chairman, Bhartiya Group, India, “there are plans to look at the proposed high speed rail link to the International Airport, Mono Rail, and development of ring roads on public - private partnership model. A four km-elevated highway will come up between the Hebbal flyover and Yelahanka bypass. There will also be flyovers at Yelahanka bypass and Vidyanagar, two pedestrian underpasses, one vehicular underpass, and a cattle crossing. Totally, there will be 26 bus bays till the airport.

Along with connectivity, Bhartiya City, KIADB’s Hardware Park, Aerospace Park, and the ITIR planned here will give a push to residential development around.”
The re-emergence of IT/ITES sector as the key driver of the economy has propelled a high-disposable income and a demand for quality housing. “Additionally, availability of good housing options providing international lifestyle, as in case of The Empyrean Township, encourages the migrant professional working class to purchase property at Bangalore.

“The cosmopolitan crowd, the availability of good education system and expectation of it being an important commercial hub makes it an attractive investment destination. These factors have made Bangalore one of the fastest growing cosmopolitan cities witnessing an unprecedented growth in real estate during the last few years,” says Sanjiv Aundhe, COO, FIRE Luxur Developers Pvt. Ltd
source:http://www.deccanherald.com/content/108384/location-matters.html
 

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Anantapur: District medical and health officer Dr Ramasubba Rao said that 5,65,475 children below five years of age were administered polio drops as part of pulse polio immunisation drive in the district on Sunday.

Inspecting the pulse polio immunisation centre at Neelakantapuram village in Madakasira mandal, he said that 90 per cent of children in the district were administered polio drops and the remaining children would be covered in next two days by the health workers under door-to-door visit.

The immunisation process was taken up at 794 centers in the district.

Minister for primary education S Sailajanath inaugurated the immunisation programme at Sri Krishanadevaraya School in Anantapur by administering polio drops to children. Anantapur MLA B.Gurunatha Reddy accompanied the minister. MLC Dr Geyanand took part in the programme in Gooty.
 
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