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20/02/2012 - Hyderabad Extended Area Master Plan - Delayed. Use the opportunity to review status of your land.
19/02/2012 - Union Pacific Railroad & Covidien to set up offices in Hyderabad. Cisco, Amazon, Deloitte, Facebook to ramp up head count
18/02/2012 - Silicon Image unveils Indias first global R&D centre in Hyderabad
18/02/2012 - Hitachi to up Hyderabad GDC headcount to 4k engineers
16/02/2012 - Amazon to double its staff strength in Hyderabad
05/02/2012 - HMDA plans Toll Tax on ORR from May
05/02/2012 - CBI Action on IAS officers, impacts Governance. Expect indecision by IAS officers on all matters. Project Approvals to be affected
04/02/2012 - Govt. may relax GO111 regulations in certain areas
30/01/2012 - BP Acharya Arrested by CBI in Emmar - APIIC Scam
28/01/2012 - Building Penalisation Scheme (BPS) may be extended
24/01/2012 - Cisco evaluates Hyderabad for Development Center
24/01/2012 - HMDA to take up Shaikpet to Kokapet ORR Radial Road work soon.
20/01/2012 - Andhra Pradesh seeks a stringent real estate Act
20/01/2012 - Infor Global Solutions eyes $70 mn from Hyerabad centre of excellence (CoE)
19/01/2012 - AP Govt seeks a stringent real estate regulatory Act
15/01/2012 - Kukatpalli to Hi Tec City in 2 Minutes- Rail Over Bridge to be ready by May 2012
12/01/2012 - Yash Birla to set up sports university near Hyderabad
12/01/2012 - KBR Park Prime Property Project by ICICI & NCC may be converted to Luxury Residential Apartments
12/01/2012 - Andhra Pradesh bags Rs.5.57 lakh crore investment projects
01/01/2012 - MGF may get the Boot as EMMAR Pleads to Let it Complete the Project, with 26% APIIC Stake Restored
01/01/2012 - LRS (Plot Regularization) Scheme is BACK! Regularize Your Plots till 30 June 30,2012.
20/12/2011 - GHMC undertakes Demolition of illegal buildings in LB Nagar
20/12/2011 - EMMAR - Govt Duel. EMMAR said to have agreed to restore 26% Stake of Govt in APIIC
19/12/2011 - Lanco Hills News. Apartment registrations under hold as legal battle rages in court.
19/12/2011 - LRS Deadline may be extended. But Eligibility Cut Off Date may remain December 31, 2007.
15/12/2011 - LIG - EWS Reservation in Real Estate Projects. 10% of the built-up area or 25% of its total units to be reserved
15/12/2011 - Mayo Clinic to Fly into Shamshabad? Joint venture planned by GMR, Apollo and Mayo Clinic
11/12/2011 - Hyderabad Real Estate scene looking up with Telangana movement factored!
10/12/2011 - DLF Commercial Project on Road No2 Banjara Hills in trouble. Cheating case against DLF honchos
07/12/2011 - GO111 Impact. Govt Cancels 227 Layouts in Moinabad, Shamshabad, Chevalla, Shankarpalli, Shabad Mandals
04/12/2011 - HMDA Plans Plot Auction in Jawaharnagar and elsehwere
21/11/2011 - Split or No Split? Solving the Hyderabad Puzzle.
21/11/2011 - LRS likely to be back again! Plot Regularization Could Still be Posiible!
17/11/2011 - US Company Siemon relocationg India Center from Delhi to Hyderabad!
06/11/2011 - Boulder Hills Plot Deals. Emaar, Stylish Homes deal a fraud,says CBI
06/11/2011 - Centre Plans to Go with Telangana Regional Council.
06/11/2011 - Hyderabad Real Estate Prices on Upward Move after an Year of Stagnation. Unresolved GO45 issue has potential to raise price by 20% overnight
06/11/2011 - Occupancy Certificate Needed for New Water Connections
05/11/2011 - GHMC Plans Green channel nod for high-rises soon
04/11/2011 - Rape of Kondapur Botanical Garden. HC issues notice to Govt and MOEF
02/11/2011 - 423 Acres Plotted Land Near Ramoji Film City. Wakf Board claims encroachment and issues notices to about 2000 plot owners
01/11/2011 - HMDA Plans Land Auction in Hyderabad to Raise Funds for ORR Works. 60 Leftover Plots and 3 Acres New Layout in Gopanpally to be auctioned
26/10/2011 - Bangalore Metro Runs while L&T to Rthink on Hyderabad Metro Project, in the wake of inability of Govt, to handover land
26/10/2011 - No one to Toll You on ORR! Toll Collection Postponed.
26/10/2011 - RBI raises hikes Repo Rate by 0.25 basis points. SB accounts to fetch more interest. Home loan Rates Unlikly to increase
25/10/2011 - Telangana News. SAMME ends after 42 days. Govt Staff to resume duty
22/10/2011 - ACB seeks info on illegal buildings in Kukatpally, Serilingampally and Rajendranagar municipal circles
22/10/2011 - Saab India Technology Centre opens in Hyderabad
21/10/2011 - Boulder Hills News. Plot buyers coerced to lie before CBI by
20/10/2011 - No Prepayment Penalty on Home Loans taken from HDFC, LIC, DHFL etc

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Hyderabad News.Mayo Clinic to Fly into Shamshabad? Joint venture planned by GMR, Apollo and Mayo Clinic

Hyderabad News. TOI 15.12.2011

(Excl Ventures News.)

An international hospital is all set to come up in the Health Port of the Shamshabad airport SEZ.The hospital would be a joint venture between infrastructure conglomerate GMR and health institutions Apollo Hospitals and Mayo Clinic,which would also mark the premier health clinics foray into India.Earlier this year,Mayo reportedly made an entry into China collaborating with a Chinese diagnostic service major,Kindstar.The international hospital in the airports vicinity would give wings to the citys medical tourism dream.


Top officials of Apollo Hospitals,including its chairman Dr Pratap Reddy,executive director Sangeeta Reddy and its CEO (central zone) Dr Hari Prasad are currently in the US,a visit which is being speculated in the industry to give the final touches to the joint venture.
Pratap Reddy has on previous occasions avoided questions about the joint venture since the deal was still in a preliminary stage and also because Mayo Clinic had not made any statement about it so far.


The upcoming facility would be a multispecialty hospital catering primarily to foreign nationals.Those in the know say that the hospital is being designed on the lines of hospitals in Bangkok that cater only to foreign clients.The idea is accessible treatment since patients wouldnt have to get into the hassle of entering the city.


In September,a Mayo spokesperson reportedly said that the premier medical institution was engaged in talks about a possible collaboration to build a medical site in India.In its statement,the spokesperson had said that Mayo Clinic was committed to serve patients and medical providers around the world by sharing our knowledge in new ways,improving global health and advancing healthcare delivery.The Health Port is expected to draw an investment of close to $ 1 billion from GMR.


 


The facility would be one of the largest such set ups in Asia.It would not only lead to optimal utilization of the area around the airport currently lying vacant but is also expected to benefit the airports business,with an international quality healthcare centre in its vicinity and thus attract many foreign guests to the city.


Mayo Clinic is a not-for-profit organization that runs a number of clinics,hospitals and medical research facilities and schools in different parts of the US.Mayo is based in Rochester.
The Mayo Clinic health system operates hospitals in Arizona and Florida as well as a network of hospitals and clinics in Minnesota,Wisconsin and Iowa.


However,both Apollo and GMR refused to comment on the joint venture.While the concerned Apollo officials were not in the country to make a statement,a GMR spokesperson said,At present,there is no information to share.

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