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VISAKHA TODAY

30-12-2005   ATTEMPTS BY TRS CHIEF TO CREATE A PRESSURE GROUP WITHIN UPA FAILED

Though it would be superfluous to talk of Telangana and TRS at this stage when no one believes that telangana is coming, it seems that TRS has a set back when its efforts to create a pressure group within UPA has failed to take off and TRS chief has to back track his statements since Lalu and Pawar failed to endorse it.

28/12/05 The government has decided to allot lands to all upcoming smaller IT companies with less then 2000 employees only in second tier towns- namely Visakhapatnam, Vjayawada, Tirupati, Kurnool, Warangal and Kakinada only. This means boost in prices there.

18/12/05   Three importanat developements

  • Land values for registration of properties will go up. Net effect will be price increase by 10% at least.
  • Seetharam Yechuri, communist leader says there is no question of Telangana Bill coming up in Lok sabha since the first criteria is unanimous agreement among members for it to be tabled. Since they strongly feel that it is not acceptable, therecan be no question of Telagana Bill at all.

  • 15-11-2005
    Volkswagon team is seriously considering TADA as alternative location to setup their plant to manufacture automobiles in Andhra Pradesh.

    The advantages are:

  • Proximity to chennai international Airport just 70 km.
  • Proximity to chennai sea port
  • Better Incentives given by A.P.Government.
    Mr.Peter Walters headed the 5 member team that has visited Mambattu village in TADA along with the district collector. APIIC has started acquiring(?) around 500 acres of land here.
    This is the second visit by the german auto giant team to visit Andhra Pradesh after the fiasco about vasistavahan.A.P.Government team might visit Germany next mont to finalise this deal.

    30/12/05    100 crores to be spent on 4 th and 5th berth in Kakinada Port to meet the heavy export of iron ore.As it is the exixting berths are not able to meet the demand.

    So there is going to be lot of demand for land at Kakinada.

    KAKINADA HAS GREAT POTENTIAL TO SETUP INDUSTRIES

    • Ramlal and company seeks 1000 acres for ship breaking industry.
    • GPCL comes forward to set gas based industries in 100 acres.
    • Relaiance needs 300 acres
    • AP GENCO needs 200 acres
    • Kohler ceramic unit needs 100 acres
    • Another ceramic company seeking 100 acres
    • Bio-Diesel industry needs 200 acres
    • 10000 acres needed to setup SEZ and oil refinery by ONGC - may be at Sampara near Kakinada. Or Tondangi mandalam (60 km from Kakinada) This is 1000 crore investment on Oil refinery and 6500 crores on SEZ. This means huge amounts will be pumped in to this area and the land values will go up. Incomes will be boosted The actual position is that APIIC has only 500 acres with it to allot to applicants.A lot more to be acquired.
      So there is going to be lot of demand for land at Kakinada

      GANGAVARAM PORT to get 1185 crores investment. Financial closure is over.This will be one of the deep port in India and 100 million tones per year loading capacity is expected.
      Being close to Visakhapatnam all the area between Visakha and gangavaram will now boom in value.
      Bill gates Foundation has come forward to set up TB hospital in Palamaner in Chittoor district.

      30/12/05  '  KRISHNAPATNAM PORT - Works start by January2006. Now Nellore has a great impetus for growth. This port needs 4000 acres and a 1600 MW power plant is also expected to come up here. Naturally, real estate investors have laid large number of layouts on toad towards Krishnapatnam port. Land values around here will go up significantly now.

      28/12/05 The government has decided to allot lands to all upcoming smaller IT companies with less then 2000 employees only in second tier towns- namely Visakhapatnam, Vjayawada, Tirupati, Kurnool, Warangal and Kakinada only. This means boost in prices there.

      30/12/05    100 crores to be spent on 4 th and 5th berth in Kakinada Port to meet the heavy export of iron ore.As it is the exixting berths are not able to meet the demand.

      So there is going to be lot of demand for land at Kakinada.

      14 / 10/2005
      SPURT IN ACTIVITY AT VISAKHA IT
      Sathyam started consruction of its developement centre and training centre.
      Knowledge corridor coming up.
      IT Tower works in the 11 acre plot allotted to Lanco will start in another 45 days.


      Land prices that have been at low key so far might shoot up now!!!

      The land adjacent to the main roads between Anakapalli-Anandapuram and Bhimli-Visakha will be developed as knowledge corridor.Anakapalli- Anandapuram road to become a 4 lane high way and about 5000 acres are to be developed as knowledge corridor.
      This land will be allotted to HR developement centres,IT parks,educational institutes and similar activities.

      Though Wipro and TCS are still in planning stages, Sathyam has started construction of its developement centre at the 7 acre plot near TB hospital within city and also construction of its training centre at 50 acre land allotted to it at rishikonda.
      Government will now allot land to other companies only after assesing activity by the companies to whom they have allotted lands earlier.Presently due to various reasons, activity seems to have started.
      Goverment has alloted another 100 acres at Rishikonda for the it companies. 50 acres of this land has been given to 13 IT companies. The responsibity to develope infrastructure for this land is given to VUDA.

      July 1 VISAKHAPATNAM: GREATER VISAKHAPATNAM MUNICIPAL CORPORATION - OKAYED. The city has been selected under National Urban Renewal Mission along with other cities like Ahmedabad, Bangalore while Visakhapatnam and Vijayawada are chosen for 'B' category under the same scheme. The cabinet decided to take up at Visakhapatnam an exercise similar to Greater Hyderabad wher it is integrating 12 municipalities and 8 villages into Greater Hyderabad. Visakhapatnam will now be extended to include Gajuwakamunicipality and 32 villages. If done the area will go up to 505 sq.kms from the present 111 Sq.kms. The villages are:
    • Madhurawada
    • Paradesipalem
    • Kommadi
    • Bakkanapalem
    • P.M.Palem
    • Yendada
    • Gudlavanipalem
    • Adivivaram
    • Yellapuvanipalem
    • Vepagunta
    • Purushottamapuram
    • Chinnamushidivada
    • Pulagalipalem
    • Pendurthi
    • Lakshmipuram
    • Porlupalem
    • .Narava
    • .Sativanipalem
    • .Nangi Narpadu
    • Vedula Narava
    • Gangavaram
    • E. Marrip[alem
    • Mantripalem
    • Lankelapalem
    • Desapatrunipalem
    • Duvvada
    • Aganampudi
    • K.T.Nayudipalem
    • Devada
    • Palavalasam
    • Chinnipalem
    • Appikonda. The population under this greater Visakha will be 14.25 lakhs- up from present 9.82 lakhs 14 th June: The chief minister says that the state of Andhra Pradesh has very conjenial atmosphere for growth of IT companies.The government is also doing its best to help in every way. He stresses that IT companies should go to next level cities and Visakhapatnam is ideal as the next IT hub. Govet is doing every thing with in its power to help.

      VIZAG IS GOING TO BE THE NEXT IT HUB OF ANDHRA PRADESH!!!


      Visakhapatnam is going to be the next IT hub in Andhra Pradesh.Goverment has decided to make this alternative hub for IT industry. IT companies are also interested in this city due to various factors like congestion of cities, higher attrition rate in other cities, Lower rents per sft, lower salaries for engineers, and above all availability of skilled employees due to the presence of large number of Engineering colleges, having an Airport, Seaport, export promotion Zone etc.
    • Govt has allotted 300 acres on Visakha- Bhimli road facing sea.
    • Govt has allotted to SATHYAM 8 acres in the heart of city from TB hospital land adjacent to the national highway.
    • Govt has allotted 7 acres to TCS from same land
    • Govt has allotted 7 acres to WIPRO from same land
    • Govt is finalising construction of IT TOWER in the heart of city. The tenders are going to be finalised soon.
    • Govt is planning another IT TOWER at Endada.
    • Govt is planning to build another HIGHTEK CITY similar to Hyderabad in another 2500 acres near Madhurawada is being considered for locating all organisations, training, colleges etc all exclussively for IT business.It will be IT hub for Visakhapatnam.
    • HSBC has already started its activities 8 months back itself.
    • Sathyam is investing 70 Crores.
    • TCS is investing 100 Crores.
    • Wipro is investing 100 Crores

      Advantages of Vizag are
      • Necessary transport, communication, travel facilities are there.
      • traffic jams are not yet there.
      • It is the major Sea port for Andhra.
      • Close to many natural resources like iron Ore and coal.
      • Has an export promotion Zone,
      • Air-port
      • Has one of the oldest and established University-Andhra University.
      • Recently large number of Engineering colleges, Medical colleges have come up to provide the much needed skilled, talented and technical, managerial human resources to power the growth engine.
      • Necessary infrastructure like good schools, hotels are there.

    • POLITICAL EVENTS


      IS TELANGANA COMING? IF YES.WHEN?
      The Chief Minister speaks at last
      And clears lots of points regarding this Vexing subject
      Pranabh also clears all doubts at last!!!
      HAS ANY THING CHANGED REGARDING TELANGANA NOW?.

      Rajasekhar Reddy Chandra Babu Naidu Obviously nothing has changed. The confusion created by TRS leaders by various statements has now been clarified by the Chief minister- Hopefully for the last time.

      One significant point is that Congress has always kept silent regarding this. It is TRS who went on issuing enthusiatic statements and tried to create tension and confusion. Now the chief minister has clarified that congress will abide by the second SRC decision. This may take years to materialise. TDP was always for an undivided state. Firm and clear. CPI and CPM were also clear from the beginning. No seperate Telangana. People will get developement faster in a bigger state. Small states are no. NO.
      Smaller states can give more jobs to the politicians and gives more power to them. Common man gets nothing. This was the experience people had from other smaller states. But still politcians will either support or resist these decisions from their own party's point of view.
      Do you agree?





      After meeting with the Prime Minister and many Central ministers, party bigwigs, Sri. Y.S. Rajasekhara Reddy says that Telangana developement is number one priority on his Governments agenda and more then 50% share of the huge investment he envisages is being spent in Telangana region.
      And he says he has larger number of MLAs from Telangana then the vociforus TRS. He implies that he has a bigger say on the subject and if he is silent it does not mean he is not interested in telangana's developement. He adds how he is giving more weight to its developement rather then TRS which is merely creating the impression that they alone are custodians of the new Telangana coming up.
      He further says that a seperate statehood for Telangana can come only if the resolution is passed by the state assembly - Or secod SRC but any way it comes back to the state assembly where it is very unlikely to pass by majority.
      Will it be possible? It is practically a big IF
      And the indomitable minister MS simply says Telangana will come but certainly not in the immediate future. We think the picture has become as clear as it can ever be.No body knows. That is it.But if you are interested in buying a property go right ahead and buy it. Prices can never come down.

      LATEST TRENDS IN PROPERTY VALUES AT MAJOR CITIES

      Vijayawada prices are shooting up.
      Visakhapatnam Prices are up slightly
      Hyderabad steady and at few places Up by 10%. Jubilee hills and Banjara Hills prices have gone up significantly now. Almost 20% up in the past 2 months


      DEVELOPEMENT EVENTS


      DESTINATION ANDHRA PRADESH
      TIME TO COME BACK. NRIS CAN NOW COME TO Andhra Pradesh AND SET UP THEIR OWN UNITS

      Andhraproperties.com welcomes you to come back and assures you all the help.This the right time too. You have an understanding Government, plenty of well trained, capable and willing manpower at a fraction of your presnt manpower costs.

      Geeks now start showing up at home
      andhraproperties.com thinks that this trend is likely to go on. Best thing would be to invest in a property that can be a starting point to set up your own business at a later date. Contact us for more details.


      andhraproperties.com think that India and in particular, Andhra Pradesh will be the future destination for investments. It is one of the top states in India offering excellent opportunities for investment.
      Invest For a better future.welcome to invest in Andhra Pradesh.
      June 18 The Chief Minister Shri.Y.S.Rajasekhara Reddy meets industrialists at Bombay and assures them of help and invites them to come and set up industries in A.P.
      The possibilities are
      # Hinduja group coming in for power generation and will actively consider Auto industries in A.P.
      # Geethanjali group promises to set up its Jewallary and Diomond processing unit at Shamsabad.
      # Videocon willing to set up its hardware unit in A.P.
      # Raheja Construction Group interested in developing infrastructure for I.T.Industries
      COUNTRY'S FIRST BIO-DIESEL PLANT TO COME UP NEAR KAKINADA
      Thanks to the thurst given by A. P. Government to the farmers in the rain shadow areas where no crop grows, the first bio-diesel plant at an estimated 1350 million INR by Natural Bio Energy Group India, in collaboration with Energea GambH of Austria and Fe Clean Energy Group Inc,US is coming up at Kakinada in a 50 acre plot in Vakalapudi Industrial area. Added to this Reliance Finding Gas again in few wells nearby is going to change Kakinada for the better. Land Values will go up.

      June 23 VIJAYAWADA-GUNTUR-TENALI URBAN DEVELOPMENT AUTHORITIES TO GO BY VASTU IN BUILDING OF THE UPCOMING SINGAPORE TOWNSHIP
      The 2000 apartment town ship in 50 acre plot coming up will follow vasthu.
      June 24 Andhra Pradesh Government presents its pro-farmer budget.
      This should improve farming income in the state in the long run. Main allocation will be to complete the irrigation projects. Aiming at 6% growth rate in Agriculture
      Reliance hits gas again off Orissa coast in Bay of Bengal and also in an on shore block in yemen. Its share has shot up sufficiently to lift the sensex by64.55 points.
      Reliance to acquiring Trevira GambH, an erstwhiledivision of the German firm Hoechest AG and a leading polyester producer in Europe.
      Air ports at Visakhapatnam and Rajahmundry to be upgraded. Local congress M.P. mr. M.M.Pallamraju says that the New AAI chairman has promised to him that Visakhapatnam Airport will get night landing facilty and Rajahmundry Airport runway will be extended to enable bigger aircrafts landing.
      Andhra Pradesh finance Minister Mr. Rosaiah clearifies that his government is not going to ignore IT in any way. He has allotted Rs.809.9 million in this year's budget.
      TOP

      You can expect a special push for Bio-Tech now in Andhra.An alert investor can identify areas for investment.

      Yes! The Government has at last increased the Registration Values of properties in and around Hi-Tek city.
      Places like Madhapur, Kondapur, Gachibowli are now almost doubled for registration purposes.This means, actual registration expenses will be 6-7% higher now.This is a blow for those who want to register the properties at a lower rate, thus saving(?) in registration expenses. But for a honest person who want to register at actual value this will still have an indirect effect to the tune of 6-7%.
      23 rd March 2005
      The government did it gain
      The state government has increased land values all over the state again significantly.The latest increments would be 50% for all urban properties and it will be 10% for all rural properties. but in order to avoid registration expenses, they proposed to reduce registration charges from 13.5% to 10%.
      This means about 2-55 additional burden on buyers.
      WILL IT MEAN INCREASE IN LAND PRICES FOR BUYERS?
      MOST LIKELY.

      HYDERABAD PROPERTY VALUES WILL GO UP SIGNIFICANTLY!!!

      India's first micro processor industry coming up Hyderabad!!!
      A Korean company called INTELLECT INCORPORATION" is coming in with US$ 800 million investment to Hydearbad to set up India's first plant to produce all types of Intregrated Circuits.This is likely to create thousands of jobs directly and several thousand jobs indirectly by way of ancillary units.

      HYDERABAD PROPERTY VALUES WILL GO UP SIGNIFICANTLY!!!

      SHAMSHABAD AIRPORT WILL BE CALLED RAJIV GANDHI INTERNATIONAL AIRPORT
      YSR says he will ask Soniaji to inaugurate it with-in next two months

      Government entered into Concession agreement withM MALASYA AIRPORTS HOLDING BERHAD(MAHB)on 20 th December. The agreement was signed in the presence of PM, CM and Malasya's Prime Minster Abdulla Ahmed Badani. It means to you another golden opportunity to invest in fast growing real estate.For those who missed a similar opportunity at the Infocity, here is another one. Grab it.




      krishnaveni
      You have heard of greater Hyderabad, Greater Visakha and now hear about
      GREATER VIJAYAWADA
      The chief minister seems to be considering seriously formation of greater Vijayawada. If it is formed, it will include Kanchikacherla, Gannavaran,and Vuyyur areas.Some exercise is going on in this direction.This further strengths the previous suggestion by CM that a knowledge park be established in 3000 acres to develope the VGT. This will probably include all the three municipal corporations - Vijayawada, Gunter and Tenali.It appears that if both greater Vijayawada and knowledge park proposals are submitted to central government, then funds can be released from centre for faster developement of the region.
      Now let us hope at least now some great things will happen to Vijayawada.
      Contact andhraproperties.com for more details.