In the News
Continuing our ‘Conversations with INCOR Group’ series, this is the second part of the questions a prospective real estate customer may have regarding the Real Estate (Regulations and Development) Act, 2016. Read more.
Heightening the anticipation of many (for most of the later part of 2016), were the two processes of India’s biggest Tax Reform, GST, and the Demonetization Drive (announced by the Hon. Prime Minister on the 8th of November, 2016). This anticipation has led to a lot of talk about their impact on the Real Estate Sector (a major driver and important contributor to the economic growth of the country). However, another major law that will have a far greater impact, than the two above, on all concerned is the Real Estate (Regulations and Development) Act, 2016 (also called the RERA Act). Read more.
The fifth generation computer navigation knee replacement surgery not only provides perfect alignment and perfect fitting of artificial knee joint, needed for perfect functioning, but also ensures ligament balancing and right tension of ligaments around the joint. It is called - The OrthoPilot which was installed at the Omni RK Hospital here, first in South India. Read more.
Hyderabad-based builder INCOR Infrastructure is buying out its Israeli partners Property and Building Corporation and Electra Real Estate from the 25-acre PBEL City township in the city for $34 million (about Rs 225 crore). Read more.
Fitness enthusiasts across various colonies in the city are now forming groups to find people with similar interest and bond over what they call ‘social exercise’. PBEL City Runners are one of the 3 groups that started this movement called social exercising. Read more.
Hyderabad-based OMNI Hospitals, part of the privately-held diversified firm INCOR Infrastructure, has added two hospitals to its network through the O&M (operation and management) and acquisition route. Read more.
INCOR Infrastructure, a privately held diversified firm co-founded by an Indo-Canadian and an NRI, which had created its healthcare business under Omni Hospitals banner, is now sewing a string of acquisitions to create a chain of small sized hospitals through the inorganic expansion route. Read more.
PBEL Property Development (India) has announced the launch of Phase II of their flagship project located near the IT hub of Hyderabad and award of the Rs. 550 crore construction contract of the PEBL City to L&T. Read more.