Financial Daily from THE HINDU group of publications
Sunday, Apr 17, 2005

Port Info

Group Sites

Industry & Economy - Hotels

AP paves way for setting up hotels for ADB meet

Our Bureau

Hyderabad , April 16

KEEPING in view the annual general body meeting of Asian Development Bank (ADB) scheduled be held here in May 2006, the Andhra Pradesh Cabinet has decided to amend relevant regulations to pave way for setting up star hotels in the posh localities of Banjara Hills and Jubilee Hills.

The relaxation would make way for four-star or higher-grade hotels in the two localities, just a short drive away from the proposed venue for the AGM on the city outskirts.

Briefing the media about the decisions taken by the Cabinet, Mr K. Jana Reddy, Home Minister, said the idea was to create enough quality rooms for the delegates who would turn up for the prestigious meeting.

As many as 3,000 delegates from 70 countries would take part in the AGM.

The Government would relax the 15-metre bar on the height of buildings in the area as it was governed by Jubilee Hills society rules.

"Those who have a minimum space of 5,000 square yards can send in their proposals within six months," he said.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
`Growth optimism tempered by downside risks'

German bank eyes deal with Hyderabad co for carbon credits
Phosphoric acid shortage haunts DAP units; talks with suppliers fail
Indo-Pak ties: Hopes high on trade front
AP paves way for setting up hotels for ADB meet
Petro dealers to go on nation-wide strike on Monday
Videocon to invest Rs 800 cr in oil exploration, production
AP, Gujarat, Delhi get top ratings for power reforms
`Gas, coal shortage led to 2,000 MW generation loss'
Vizag Steel's Rs 8,529-cr plan to double capacity
`VAT law variations to be resolved latest by April 26'
VAT panel draws plan to tackle price rise
`Fringe benefit tax to hit SSIs hardest'
Govt to implement CAS `at the earliest' — System to be in place in 3 metros
Gold jewellery expo next month
Nike's decision to disclose names of suppliers hailed
Village women, now engineers
Passenger car exports rise 28 pc in 2004-05

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line