Registration Rates Hiked in Hyderabad

TOI 28.03.2011

Despite being in the red for two successive years,the registration and
stamps department is buoyant over growth and collection of revenues
this year.

Having reached 97.95 per cent of the target for this financial
year,the department bosses are happy at reaching a growth rate of
43.29 per cent this year as against a negative growth rate of 9.18%
and 7.9% in 2009-10 and 2008-09 respectively,mainly due to the
downturn in the real estate market.
Another important aspect cited by senior officials for the growth rate
has been the changes in market values for dry,wet,garden and survey
number-wise values for the classifications of agriculture land fit for
house sites and lands abutting national and state highways in rural
areas.This aspect is reflected in the steep rise in revenue
collections and a steady drop in the number of registered sale
deeds.The number of sale deeds registered in the last four years are
11,09,034 in 2007-08,10,15,073 in 2008-09,9,94,396 in 2009-10 and
8,15,865 in 2010-11 (up to November 2010).

The net revenue achieved by the department this financial year till
January 2011 is Rs 2,882.77 crore as against a target of Rs 3,546
crore (an achievement of 97.95%).The net revenue was Rs 3,086.35 crore
in 2007-08,Rs Rs 2,842,56 crore in 2008-09 and Rs 2,599.81 crore in
2009-10.

Responding to queries on the departments performance,a senior stamps
official said on condition of anonymity on Sunday that the department
regularly was taking up the study of trends in market value of the
lands and determining the value to be adopted by the parties at the
time of execution of documents for proper payment of stamp duty and
registration fee.The cases of under valuations by the parties for levy
of stamp duty and registration fee has been reduced by compulsory
adoption of the market value fixed by the department.We have revised
values in both urban and rural areas from August 1,2010, he said.

Another key contributor to the increase in revenues has been the
change in blockwise values for residential areas and door number-wise
values for commercial and industrial areas.
Apart from these,the department has for the first time fixed composite
values (combined value for land and construction ) for assessment of
market value of apartments and flats in urban areas.

Powerwave Technologies Expands R&D Facility in Hitec City Hyderabad

Times Of India 18.03.11

US-based wireless coverage and telecom capacity solutions provider
Powerwave Technologies is all set to expand its R&D facilities in
Hyderabad at an investment of $3million this year.

The Hyderabad facility,which designs wireless telecom products for
global markets,will also see the addition of 100 engineers by December
2011 to the existing 250 engineers,Powerwave Technologies
vice-president (global engineering) Ezmarai Arbab told newspersons
here on Wednesday.As part of the expansion,a prototype shop will be
added to enable quick design turnaround this year and several products
designed at the Hyderabad facility will be deployed with telecom
players globally in 2011,he added.Apart from India,the company has
design centres in US and Sweden.

Powerwave,which has invested over $8 million in its Hyderabad facility
since its entry in June 2008,currently has an R&D set up spread over
54000 sq ft at the Hi-Tech city in Madhapur.This includes a lab
facility spread over 8,000 sq ft comprising advanced test
instrumentation,environmental screening capabilities,indoor antenna
test range among other things.
Powerwave has invested $ 3,00,000 in setting up a Powerwave centre of
excellence at the Hyderabad campus of BITS Pilani to carry out
research on upcoming technologies in the wireless space,Rakesh
Sinha,director,Powerwave Technologies India said.

Creamline Dairy plans Rs 10 cr tetra pack plant in Hyd

Creamline Dairy Products Limited, which retails its products under the
‘Jersey’ brand, is planning to set up a tetra packaging plant in
Hyderabad with an investment of Rs 10 crore by 2012.
Speaking to mediapersons at its silver jubilee celebrations here
today, K Bhaskar Reddy, managing director, Creamline Dairy, said,
"Tetra pack has one to three months shelflife. So, our focus would be
more on cultured and long shelflife products."
The plant, work on which is likely to start this year, would have a
production capacity of 100,000 litre per day, he said. The plant would
come up on 10 acres.
Creamline has tied up with Tetra Pak, the processing and packaging
major, to bring the UHT (ultra high temperature) technology to its
plant. Around 50 per cent of the proposed investment would be raised
through loans from financial institutions, he said.

Hardware cluster planned in Hyderabad

In a bid to give a fillip to hardware manufacturing in India, Software
Technology Parks of India (STPI) said it was proposing to set up a
2,000-acre hardware cluster in Hyderabad.
Based on the Union ministry of Information Technology & Communications
(IT&C) directions, STPI said it has written to the state government
requesting land allotment for the proposed project.
“We were asked by the Union ministry to approach respective state
governments regarding land allotment to set up hardware clusters. The
idea is to build ready-to-occupy infrastructure facility, much similar
to STPI model, for hardware manufacturers.
We are seeking 2,000 acres in and around Hyderabad,” said P Venugopal,
managing director, STPI.
He added that STPI's existing promotional activity for electronic
hardware manufacturers limits them to allot land for individual
companies.
"By setting up a hardware cluster, we will create an ecosystem
including production facilities for companies to come and set up
operations on a plug-and-play model," he explained.
While Fabcity, promoted by the state government, only allots land, the
proposed hardware cluster built by STPI would include building the
facility for companies besides offering additional tax benefits.
“We are yet to identify the investment potential, nature of hardware
manufacturing activity that can be undertaken from the proposed
cluster.
A team is already preparing a feasibility report and we would get
clarity once it's done,” Venugopal said. Meanwhile, Ponnala
Lakshmaiah, I&T minister assured support to set up a hardware cluster.
“We have just heard of the proposal. While we are yet to study the
request, we are willing to provide land for prospective hardware
producers planning to set up manufacturing plants anywhere in the
state.”

Rs 150 cr for metro rail

As part of improving infrastructure facilities in the city, the state
government has allocated Rs 150 crore for Hyderabad Metro Rail project
in the 2011-12 budget presented by finance minister A Ramanarayana
Reddy on Wednesday.

The metro rail project spanning over 71 kms on three high density
traffic corridors in the city was taken up at an estimated cost of Rs
12,132 crore. Officials said the Rs 150 cr allocated will be used for
land acquisition, junction improvements, etc. This allocation is part
of matching grant from the state. The state government will allocate
the matching grant every year from 2011 to 2015 till the project gets
completed in the next five years.

To develop the outer ring road (ORR), the allocation has been
increased from Rs 385 crore in the present financial year to Rs 677
crore in 2011-12.

To provide drinking water to the people of twin cities, Rs 250 crore
has been allocated to take up Maulana Abul Kalam Hyderabad Sujala
Sravanthi scheme. Under this scheme they will draw water from Godavari
to meet the current and future requirements of Hyderabad. Government
has planned to supply Godavari water to the city in three phases. Last
year also, government had allocated Rs 250 crore.

Another Rs 2 crore has been allocated to GHMC to take up Charminar
pedestrianisation project and urban community development works and Rs
72 crore to GHMC to pay property tax on government buildings and motor
vehicle tax in Greater Hyderabad limits

Anthelio (ConJoin Group) launches 50,000 SFT world classSEZ facility in Gachibowli Hyderabad

The ConJoin Group, an IT and business services company, with
operations in the US and centres of excellence in Mumbai and
Hyderabad, on Thursday announced that effective immediately, it is
changing its name to Anthelio.
Concurrently, Anthelio said it had acquired a 50,000-sft facility in a
special economic zone (SEZ) in Gachibowli, Hyderabad. The facility
will support aggressive hiring goals in India.

Anthelio has approximately 50 people in Hyderabad and 250 people in
Mumbai. The company expects to ramp this up to more than 1,000 people
in India by the end of the 2011 calendar, to over 3,000 people by
2012, and up to 15,000 people by 2015. In the US, the company expects
to grow from 1,300 people currently to between 3,000 and 5,000 people
by 2015.
Anthelio will leverage the US domain and clinical expertise converged
with a truly-integrated global delivery model to provide innovative,
market leading, high-value, low-cost solutions to the provider market.
This model will fundamentally transform the cost structure for
hospitals, allowing them to allocate critical resources to improve
patient care.
“Our new corporate identity reflects a renewed commitment to transform
the fundamental economics of the US healthcare system, which includes
building out our vital infrastructure and talent pool in India to help
hospitals meet unprecedented technology, operational and financial
challenges,” Richard S Garnick, chief executive officer of Anthelio,
stated in a press release.

Dassault plans Maintenance, Repair and Overhaul (MRO) facility in Shamshabad Aero SEZ, Hyderabad

Dassault Aviation, a part of French aerospace company Groupe Dassault,
has drawn up an ambitious map for expansion in the Indian market. The
company, which has a majority share in the Indian business jet market,
is looking at setting up a maintenance, repair and overhaul (MRO)
centre next year. Its business jets are sold under the ‘Falcon’ brand
name.
“We have a 60 per cent share in the business jet market in India
(around 120 private jets are in operation so far), which is growing
rapidly. We now plan to set up an MRO centre in Hyderabad for their
quality service and spares,” said Thierry de Poncins, international
sales director, Falcon Business Jets.

It was in talks with some Indian companies to set up an MRO facility
jointly, he said without naming any. Dassault Aviation is owned 50.21
per cent by Groupe Industriel Marcel Dassault of France. Talking to
Business Standard on the sidelines of Aero India 2011 today, he said
the company had delivered 30 Falcon jets in the last 15 years and
would deliver another 15 business jets in the next two years. Almost
half of the new aircraft orders are for the Dassault Falcon 7X, the
first business jet certified with a fully-digital flight control
system. Also, the company is in talks with various charter operators
for another 20 business jets.