All new commercial buildings in the city with more than 1,000 sq. mts plot area or 2,000 sq. mt built area will now have to comply by Energy Conservation Building Code (ECBC), Mayor Bonthu Rammohan said after a meeting on energy conservation here on Thursday. The Greater Hyderabad Municipal Corporation would soon create a technical cell… Read More »
Telangana, on Monday unveiled Information Technology policy with various incentives pertaining to land and power, and reimbursement of stamp duty and registration fee among others and is eyeing $7.5 billion of production of electronics by 2020 from $1 billion now. Aimed at promoting the use of information technology across verticals, India’s newest state also unveiled… Read More »
In 2015, IT/ ITes contribution to office absorption was reported to be 57% for Bangalore, 64% for Gurgaon and 74% for Pune. In India, Bangalore, Pune and Gurgaon are the preferred locations among tech occupiers, primarily because of the ability to attract talent and the ability to access grade A buildings at affordable rents. Generally,… Read More »
New York-based Blackstone Group is in advanced discussions with Salarpuria Sattva Group to invest about Rs 450 crore in its upcoming, 30-acre commercial property in Hyderabad, three individuals aware about the development said. One of them mentioned that this would be a pure equity deal and is expected to be settled in the next few… Read More »
