Hyderabad ranked in the top 5 cities of Amazon.in ( Reading Books )

Hyderabad: Hyderabad has been slotted among the top 5 cities in India that are driving the country’s love for reading, for the third consecutive year, according to the Amazon.in’s Annual Reading Trends Report. The ranking of the reading trend report was determined by compiling sales data of all the physical books sold during the course of the year 2015.

This year, Amish Tripathi’s ‘Scion of Ikshvaku’ was the most sold book in the city, while last year’s bestseller, Chetan Bhagat’s ‘Half Girlfriend’ came in third. The Manorama Yearbook 2015 was ranked second in the number of sales in the city.

The sale of the top book (Scion of Ikshvaku) was over 3x the sale of the most sold book of last year, Half Girlfriend, indicating an extremely healthy growth in the reading habits of the city.

Fiction ranked as the top genre of the year in the city. ‘The Immortals of Meluha’, Preeti Shenoy’s ‘Life is What You Make it’ and Robin Sharma’s self-help book ‘Who will cry when you die’ featured for the second year in the top 10 book purchased by the city.

Exam preparation books emerged as the third most popular genre and are amongst the fastest growing categories on the website that supplies the largest number of books in different languages. The Manorama Yearbook topped the Exam preparation category this year. The book moved from up from the 7th position last year to 2nd position this year in the overall book sales in Hyderabad.

The translated version of ‘The Secret’ authored by Rhonda Byrne topped the Telugu books category.

The translated version of ‘The Secret’ authored by Rhonda Byrne topped the Telugu books category.

Some findings from the trends report:

The Top 20 Most Well-Read Cities

1.	Delhi – NCR	9	Jaipur	17.	Ernakulam
2.	Bengaluru	10	Chandigarh	18.	Coimbatore
3.	Mumbai	11	Nagpur	19.	Bhopal
4.	Hyderabad	12	Surat	20.	Visakhapatnam
5.	Chennai	13	Bhubaneswar
6.	Pune	14.	Guwahati
7.	Kolkata	15.	Vadodara
8.	Ahmedabad	16.	Indore

Telangana Government Sops to Give Boost to Hyderabad Realty Sector

bY J Deepti Nandan #Reddy ( Source : The New Indian Express )

HYDERABAD:  The announcement of sops for real estate sector by the government has given a boost to the sector in Hyderabad as new projects, which have been held up for a year and a half, are getting ready to launch soon.

With the government relaxing most of the rules on common built-up area, reduction in the impact fee and non-agricultural land assessment tax, builders are expected to gain considerably.

“Due to relaxation given by TS government, the sector will come out of the deadlock kind of situation witnessed for the past four to five years. The reduction in the impact fee is expected to transform the skyline of Hyderabad, ensure ease of doing business and attract national players to the city,” said K Sreedhar Reddy, vice-president of Telangana Real Estate Developers Association (TREDA).

The relaxations were announced after many rounds of deliberations between the government and realtors and the CM okayed most of the requests. Though most of the sops announced had been agreed to by the government long ago, the announcement was delayed due to various reasons.

“The new rules and relaxation will apply only for new projects. Therefore, many builders and developers have held up their layouts and constructions. Now, they are ready to take up work,” said Gummi Rami Reddy, president of the Confederation of Real Estate Developers Association, Hyderabad chapter.

For instance, in the case of NALA tax itself more than 600 cases are pending in court where builders have held up their launches. With reduction of NALA tax all these pending cases will be cleared.

Similarly, compulsory allocation of a part of land for the housing of economically weaker sections in case of layouts with open plots, collection of value addition charges in Cyberabad Development Area, provision of 40-ft peripheral road in gated communities and others were also abolished.

Besides doing away with certain compulsory provisions, the government has also taken some decisions which will bring about major changes like allowing construction of floors above multiple portions, allowing  stilt floor in smaller plots of 200 square metres, allowing amalgamation of plots in congested areas like old city subject to the condition that maximum plot size before amalgamation shall be 100 square metres and minimum plot size after amalgamation be 300 square metres.

Major Relaxations

• Construction of floors above multiple portions and stilt floor in smaller plots of 200 sq mt will be allowed
• Impact fee, non-agricultural land assessment tax reduced
• Buffer strip along Musi river reduced from 100 to 50 metres
• No compulsory allocation of a part of land for housing of economically weaker sections in case of layouts with open plots
• Collection of value addition charges in Cyberabad Development Area
• Provision of 40-ft peripheral road in gated communities

‘Rising Costs Causing Project Delays’

B Seenaiah, former president of the Builders Association of India and chairman of the organising committee of All India Builders Convention being held in Hyderabad from Friday to Sunday, explains about the problems being faced by builders. Excerpts:

How is the building sector now?

The building and construction sector is plagued with various problems, the major being rising costs and project delays. As a result, several builders and contractors are unable to recover the amount they have invested in projects.

What are the reasons for it?

There are many reasons ranging from huge rise in the cost of construction material to lack of proper planning by the government and other agencies which award contracts. For instance, in some cases governments call tenders for contract works even though they do not have a budget allocated for it. This pushes the contractors into trouble.

What then is the solution?

The system of contract works needs streamlining. We need the support of the central and state governments to solve issues. There is great need for protecting the interests of the construction sector which one of the highest tax-generating sectors for the government and is also labour-intensive and creator of jobs.

How is the sector faring in Hyderabad?

Clarity is yet to emerge after bifurcation. People, builders and investors are in two minds whether to prefer Hyderabad or AP.

Isn’t construction of the AP capital an opportunity for builders and contractors?

AP capital will provide opportunities but it will take a long time for it to be developed. The government has to shift employees and administrative machinery before any construction activity can start there in real sense.

Aviation conclave in Hyderabad

HYDERABAD, OCT. 13:  

Top global defence and aerospace industry, including Airbus, Eurocopter, EADS, Dassault, Honeywell, Lokheed Martin, UTC, Israeli Aerospace Manufacturing Federation etc. will take part in a 3-day event being hosted by the Government of Telangana in Hyderabad during November 12-14.

The aviation conclave aims to showcase Telangana as the new investment hub in the Defence and Aerospace Engineering domain and highlight its investment friendly policies. It will be inaugurated by the Chief Minister, K Chandrasekhar Rao.

The TS Government and Kenes Exhibitions of Israel will jointly organise the event. Two similar events have been held in Israel. They showcased latest technologies, products related to defence and aerospace, a press release said.

The conference will feature keynote addresses by V K Saraswat, former Secretary, Dept. of Defence R&D (GoI) & Scientific Adviser to Raksha Mantri, Henri-Jacques Topf, Chairman – Schneider International, Daniel Kumar, Director SCM, UTC Aerospace Systems etc.,

The conclave aims to bring global companies engaged in the supply chain of the aerospace arena with focus on technologies, high-end products and expanding their supplier’s base to explore new business opportunities in the Indian market.

Source : The Hindu Businessline

Rocking-star-Rohit-Reddy-Hyderabad

Rohit Reddy from Hyderabad,Rohit Reddy lived as a rock star, a name that speaks to style, fitness, showiness, flare forever, progresses beyond anyone's expectations at a very young age, saw bunches of hardships yet battled them like a warrior, never let his spirits pass on. Continuously had that warm summer grin and welcomes you with love where ever you see him.  He is otherworldly, delicate spoken, warm & a kind individual. His role model was his father, and the stable factor in his existence is his mother. His sister Nitya and his two nieces are his heart beat.

As of late Rohit reddy was on spread of tulip magazine, it was a wrath and 1 lakh duplicates were sold, and his most recent photoshoot was carried out by GQ magazine in bali. Do just film stars require boards or what, our rohit began the trend of socialite going on a bulletin, approach.

About Rohit Reddy 

What do you look in an individual -

 Loyalty is most important for me! I can pull down moon for the people who are honest and loyal.

 Three things you are proud of - I have never tasted alcohol, soft drinks and drugs. That's a big deal in 2012!
Whatever I do, I do it with passion and give my 100% - be it work, love or workout.

My mom says she's proud of me! That means the world to me.
Your take on love-

Love is an emotion in which you can never be rich enough or poor enough. It's 'One life... One love' for me!

About marriage - To me, marriage is a sacred bond and I want to share my life with the person I love! My partner should be my biggest strength and greatest weakness and we should bring out the best in each other! Once I am taken, I am taken for life!

Ideal soulmate -I truly believe that someone out there is made for you, who completes you. Their mere presence makes you happy.

One word that describes you best -

Custom-made! Starting from my food to clothes, cars to my fitness pat­tern; everything is made for especially for me. Now I am looking for that special someone who is custom-made for me.

You take on politics

I love politics No plan of joining it though but no one can predict future.

One thing that rejuvenates you -

My time! I need to spend some time alone in my room, chilling out, listening to

music and reading. I love reading fiction, Astrology and autobiographies.

Your take on money -

Having inherited a fortune from my parents, I am proud to say that I make my

own money and blow it up on the people I care for!

Describe your style in three words - Simple, minimalistic and youthful

Favorite shopping places - New York, London and Dubai

Fashion - Is comfort

Style-icon - Arjun Rampal

Style couple - ShahrukhKhan and Gauri Khan

Favorite actor (male and female) - Salman Khan and KareenaKapoor