Sunday, November 30, 2014

Inorbit goes beyond its orbit

Kishore Bhatija
Kishore Bhatija
The eastern part of the city will get a brand new shopping avenue soon as the Inorbit Mall, a popular centre in Cyberabad, opens its second centre at Pocharam in the next financial year.
Spread over 10 acres, the new mall will bring shopping avenues that have been till now limited to the Cyberabad and Hi-tec City areas.
Construction of the mall at Pocharam had begun last year but was stopped due to the ‘unfavourable’ economic conditions and market slowdown but it will be revived soon, Kishore Bhatija, Managing Director and Chief Executive Officer, Inorbit Malls India Private Limited, said here recently while interacting with media personnel.
Increasing patronage
One of the reasons for revival is primarily because the current bustling mall in Cyberabad is generating an average of 87,000 visitors during weekends and about 48,000 visitors during weekdays, he SAID.
With increasing patronage, malls too are undergoing transformation from mere shopping avenues into something like community centres. Malls too want to retain their patrons by offering more value added services.
Inorbit mall already offers about 30 different services like children’s play area, baby care centre, ATMs and mobile recharging facilities. The newer facilities on offer are travel agencies and money exchangers.
This transformation is primarily because more and more people are thronging their premises to spend more time converting shopping time into a family outing, he explained.
If ambience tops main attraction for malls, interactive programmes and rewards programmes are also being held to engage patrons plus to boost footfalls, Mr. Kishore said.
Four-year old Inorbit Mall generated revenue of about Rs.600 crore during last financial year. Take that!
Inorbit Mall in Cyberabad is generating an average of 87,000 visitors during weekends and about 48,000 visitors during weekdays

http://www.thehindu.com/todays-paper/tp-features/tp-propertyplus/inorbit-goes-beyond-its-orbit/article4936186.ece

Saturday, November 29, 2014

Raheja’s Inorbit Plans ‘Village’ Mall At Pocharam

Inorbit Malls, a spin off from the widely known real estate giant K. Raheja Corp is developing a “Village” model of value retailing complex at Pocharam to open in early August. Modelled after the internationally popular shopping village concept of Europe, the complex will not be a mall in the strict sense of the term, but an out-of-the-town destination centre where one can drive in to have entertaining weekends.
City- dwellers jaded with a surfeit of malls and offers are going to have a different shopping experience, an innovative one at that, where they can while away time during weekends. Located 12 km away from Uppal, the first ‘Village’ value retail showroom at Pocharam would be positioned as a family destination, offering shopping experience, entertainment area and eateries. Globally, stores like Dubai Outlet City (Dubai), Bicester Village (London) and Wertheim Village (Frankfurt) have become popular with shoppers.
“The four-lakh sq ft facility will be a prototype for us. After studying this model, we will replicate this in other Indian cities,” said Mr Rajiv Bhatia, Chief Executive Officer.
Revealing the details at an interactive session, CEO of Inorbit Malls Rajeev Bhatia said that the venture under construction near the Raheja’s Mindspace will be a cut above other malls as it is designed to be a hub of global culture.
With a land area of seven lakh-odd sq. ft. and a built-up space of above four lakh sq. ft., it is also going to offer a spacious and unique shopping experience for the users. “You can go there in the morning and do your shopping, while your kids play. It will also have cultural shows, with popular artistes representing various streams performing there through out the year,” Mr Bhatia said, speaking on the concept of ‘Village’.
The sprawling parking area is designed to house 883 cars at a time.
Ten bookings for the shopping space have already been done while 45 more are in the pipeline. The mall developer is talking to local, national and international brands to set up shops. It would offer discounts in the range of 20-50 per cent.
“This is the first such attempt in the country. There will be everyday events representing various arts and culture at the village. Bargains of world famous brands with round-the-year offers will be the icing on the cake,” Bhatia said.
The village will incorporate eco-friendly concepts such as non-AC common areas, water treatment plants, usage of solar power and sophisticated building management systems.
While the expected customer base of the village centre will be the upper and upwardly mobile middle classes of the entire city, primary concentration will be on areas around Uppal, Sanskriti Township and Emerald Residential Project. Habsiguda, Nacharam, Ramanthapur and Ghatkesar will be the secondary trade areas that the mall will bank on while Vidyanagar, Kapra, L.B.Nagar and Tarnaka form the tertiary ‘catchments’.
Now it remains to be seen if the village will be successful in wooing visitors into braving a distance of 15 to 25 kilometres for a weekend!
Inorbit, which currently operates one mall in Malad (Mumbai) is planning to build 10 malls, including two each in Baroda, Pune and Hyderabad; and one each in Bangalore and Chennai.

https://hyderabad360.wordpress.com/2008/04/11/rahejas-inorbit-plans-village-mall-at-pocharam/

Inorbit Pocharam Village Mall – Hyderabad

To beat the unrealistic Realty prices, Raheja’s Inorbit Mall is moving to rural India. Located 12 Kms away from Uppal, Hyderabad the first village value retail mall Pocharam will be operational from August 2008. The mall is approximately 400,000 sft in size and is positioned as a family destination offering shopping experience, entertainment areas and eateries.
Speaking on the new concept of retailing, Mr. Rajiv Bhatia, CEO of the Mall said,
You can go there in the morning and do your shopping, while your kids play. It will also have cultural shows with popular artists representing various streams performing throughout the year.
This mall is an outcome of the survey conducted by the Inorbit group where people have indicated that they don’t mind traveling a little further provided they get best shopping experience. The local and international brands who will retail here are expected to offer more than 20-50% discount

http://www.omretail.com/2008/04/inorbit-pocharam-village-mall-hyderabad.html

Inorbit explores new formats

Inorbit Malls (India) Pvt Ltd, a K Raheja company, is exploring options in the city for expansion.
“We are interested in the eastern region but given the current inflationary situation, we are planning our expansion very carefully. We term our malls as urban lifestyle centres. So, a proper catchment area is of great importance,” said Kishore Bhatija, CEO of Inorbit Malls, on the sidelines of a retail summit organised by the Indian Chamber of Commerce here today.
The group, which owns retail brands such as Shoppers’ Stop, Hypercity and Crossword, is exploring two new formats — an open mall format and a “bridge to luxury” format — under the Inorbit banner.
“We will build an open mall at our second location in Pocharam, Hyderabad. The mall will not have any central airconditioning. The individually air-conditioned outlets will have scaled down prices of national and international brands,” said Bhatija. This format has been named “The Village”.
The operating costs for such malls are lower and the first one will be spread across 400,000 square feet.
The “bridge to luxury” format is still at the planning stage, Bhatija said. The format will be incorporated in one of the malls being set up by Inorbit. At present, Inorbit has one mall in Mumbai. It is setting up eight more malls across the country. Inorbit is investing Rs 1,400 crore in these malls, which would be operational in one-and-a-half years. 

http://www.telegraphindia.com/1080716/jsp/business/story_9554839.jsp

Inorbit Malls to launch second mall in Hyderabad


INORBIT Malls, a group company of the K Raheja, is planning to set up its second mall in Hyderabad, Andhra Pradesh.

The proposed mall is likely to come up at Pocharam, on the eastern side of the city. The company is already operating its one mall at Hitec City.

INORBIT will launch its sixth mall in Baroda next month, while one is being set up in Chennai, Tamil Nadu. This apart, it is planning to explore Chennai, and Visakhapatnam in Andhra Pradesh.

http://www.projectstoday.com/News/Inorbit-Malls-to-launch-second-mall-in-Hyderabad

Telangana releases Rs 90 crore for infrastructure project

The proposed ITIR is expected to have a lot of linkages with the existing IT/ITeS/EHM base in the state.
The proposed ITIR is expected to have a lot of linkages with the existing IT/ITeS/EHM base in the state.
Hyderabad: The Centre has issued notification for the much-awaited ITIR project and the state government has released Rs 90 crore to fast track the project, which is set to increase the city's infrastructure and investment profile.
The project is expected to attract a total investment of about Rs 2,19,440 crore of which the IT/ITeS sector is expected to attract Rs 1,18,355 crore and the electronic hardware manufacturing sector Rs 1,01,085 crore.
“The notification for ITIR Hyderabad has been issued and now it’s for the state government to take it forward,” said a senior official from the ministry of communication and information technology, New Delhi.
The Telangana state government, meanwhile, has a consultant appointed by the HMDA in place to work out detailed plans for the ITIR project. Around 41,000 acres of land is available in the vicinity of Hyderabad in three clusters for the project. The project requires nearly 50,000 acres of land.
The proposed ITIR is expected to have a lot of linkages with the existing IT/ITeS/EHM base in the state. Major players in the IT/ITeS sector, such as Google, Microsoft, Oracle, IBM, Infosys, Wipro, Honeywell, Cognizant, TCS, HSBC, Dell, Amazon, Bank of America, Motorola, No-kia Siemens Network, Qual-comm, etc. and EHM companies like Solar Semi conductors,
MIC Electronics, Lampex Electronics, Titan Energy Systems, Embedded IT Solutions India Pvt Ltd, Photon Energy Systemsetc. have shown interest to move to the Brownfield area of ITIR.
Out of the proposed 202 sq. km area of ITIR, 41 per cent, i.e. 82.4 sq. km, would be the processing area (IT office space). Of this, the Greenfield area proposed for development through ITIR is 76.9 sq. km. The Brownfield area of 5.5 sq. km comprises existing IT developments in Madhapur, Gachibowli and Nanakramguda.

http://www.deccanchronicle.com/141126/nation-current-affairs/article/telangana-releases-rs-90-crore-infrastructure-project

Friday, November 28, 2014

100 days of KCR government: Good for Telangana

KCR completes 100 days in power on Tuesday. The 60-year-old has emerged as a speaker who knows his audience and talks the common man


Telangana Chief Minister K.Chandrasekhar Rao is about to complete 100 days in power on Tuesday.
Telangana people expected a lot from the new government, and thought that their lives would soon change for good in the coming days. With 100 days of KCR Government in power, lot of decisions have been taken and most of the moves were made in the right direction, but few of them seemed controversial to the media and other states. Altogether, 100 days of KCR Government comes across as a mixed baggage.
Major decisions in 100 Days
Waive crop loans of up to Rs.1 lakh
The implementation of the scheme to waive farm loans as promised by his Telangana Rashtra Samithi (TRS) in its election manifesto. Waiver of Rs 1 lakh loan to about 40 lakh farmers costing Rs 18,000 crores.
Reserve Bank of India (RBI) has not accepted to reschedule the loans of all the districts in Telangana. According to latest information Telangana Government is waiving the loans at its own risk, the scheme however is already being implemented in Medak and Ranga Reddy districts, and the process of information gathering is going on in the remaining eight districts.
Free land distribution scheme for Dalits
CM KCR inaugurated his much touted scheme of distribution of three acres of land to Dalits by giving pattas to 48 Dalits who came from 10 districts on August 15th. About three lakh Dalit families of a total of 11.92 lakhs (15.44% of Telangana population) will get three acres of land and development schemes tagged to it. A survey is already going on to identify beneficiaries.
Government needs thousands of acres to distribute land to Dalit families, KCR had a plan and ordered district collectors to identify encroached lands belonging to the government and submit a report.
Order inquiry into housing Irregularities
Telangana Chief Minister K Chandrasekhar Rao has ordered a CID inquiry into the alleged irregularities in the implementation of the Indiramma Housing scheme for the poor, -- launched during the Congress regime between 2004 and 2014 -- disclosing that Rs 235 crores was found to have been misappropriated in the weaker sections' housing scheme in Telangana
A random survey revealed that Rs 235 crores was misused in 593 villages. 'Preliminary survey shows the total number of households in Telangana is 84 lakhs, records showed that 55 lakh houses were constructed so far, with the houses and beneficiaries only to be seen on paper.
Financial Assistance to Students of Telangana (FAST)
This is meant only for actual Telangana students. Telangana Government wants to ensure that the benefits reach the actual Telangana students.
Telangana FAST is an initiative to enable poor and eligible students pursue higher studies in Universities and the Institutions regulated by the Government. FAST shall be made applicable to all the students pursuing ongoing studies, fresh admissions, and whose parents were bonafide residents of the Telangana State as on 01-11-1956. It is meant to come into force from the current academic year 2014-15.
Action against land encroachments
A recent government survey had revealed that over 17,513 acres of government land worth Rs 3 lakh crores in Ranga Reddy district was encroached upon. The government of Telangana is trying to recover all the encroached upon lands back.
Over the last few days, the media, politicians ,and common people have been discussing land encroachment cases in Hyderabad and its surroundings.
Telangana Intensive Household Survey
Telangana government had conducted a massive household survey across the state last month to ascertain comprehensive information on citizens, an exercise which attracted all sectors of Telangana people.
23 lakh cards have been issued in excess of the existing households. Where is this rice and other ration going?
Household survey data is going to be used for the future plans of building Bangaru Telangana.
The need for house hold survey:
1.07 crore ration cards were issued in Telangana whereas the total number of households was just 84 lakh. As many as 91 lakh white ration cards (for below poverty line families) were issued, besides 1.5 lakh Antyodaya cards and 15 lakh pink cards. In all, 23 lakh cards have been issued in excess of the existing households. Where is this rice and other ration going?
Industrial Policy
There will be a single-window clearance system to make the process of granting clearances easy, which will be headed by the CS and other senior officials.
Chasing Cell in CM office will ensure that within a week all the application papers are scrutinized and final approval is accorded. Once the final approval is ready, the investor will be invited back, and the set of clearances will be given to him personally by the CM. No other State in India today follows such an efficient, fast track, and transparent system.
This is to check the political corruption, no minister will be involved in this process. CM KCR announced that
I will not spare even my family members involved in political corruption and will not hesitate to send them to jail."
Revival of the age old chain link irrigation tanks
Over 12 lakh acres were being irrigated under 36,000 tanks in Telangana before 1956.Experts should see that all those tanks are revived again and are put to use. 60% of farmers in Telangana were depending on minor irrigation sources for irrigating their lands. Now the Government has taken up the minor irrigation tanks construction as a major project so that there is no shortage of water for irrigation in the rural areas of Telangana.
Plan of Action on Telangana Tourism
The decision to have the celebrations at Golconda Fort is part of the historical reconstruction of Telangana. The whole world was looking forward for the first Independence Day celebrations in the Telangana State and the occasion should reflect the history, culture, and tradition of the region.
Sania Mirza was appointed as the Brand Ambassador of Telangana. She will promote the new 'state's interests' in India and abroad.
The historic monument, which is the main attraction for tourists along with Charminar, has largely been neglected for decades and suffered extensive damage due to land-grabbing, illegal encroachments and vandalism, but now, it appears to be heading for better times.
Discussion on inter state issues with AP CM ChandraBabu Naidu
For the first time since the bifurcation of Andhra Pradesh and Telangana, KCR and Chandrababu Naidu met for business on 17th August 2014 at 12' noon in the Raj Bhavan, to find amicable solutions to contentious issues.
Major Problems faced in 100 Days
Power crisis
Villages and mandal headquarters in Telangana districts are reeling under severe load-shedding, and in some places there was no power for more than 12-hours. As a result many small and medium entrepreneurs are closing down their units. Lack of transmission connectivity with northern and western grids has made it impossible for them to purchase power from other states.
Three more years of wait for 24 hours power supply in Telangana
The one and only happy thing for KCR is that in the 2014 election campaign he had openly expressed his view on power crisis, and said that it will solved in 3 years of time.
Farmers suicides in Telangana
Even after the formation of Telangana we are still hearing farmer suicides, the reason behind this is that KCR had announced loan waiver scheme to the farmers who got loans from banks only, but 10% of Telangana farmers are tenant farmers, they got loans from private people and the government does not maintain records of tenant farmers.
Regularization of Contract Employees
According to the TRS manifesto, Telangana Government had passed GO to regularize contract employees of Telangana. Osmania University students and opposition parties staged dharna's and rallies against the Government decision.
Few people only questioned about her game and celebrity status in India and abroad.
BJP called Mirza the 'daughter in-law of Pakistan' and said:
 
Telangana Intensive Household Survey
The funny thing is that it was not the people of Telangana who had a problem with the survey, but the politicians of the opposition parties. BJP and TDP tried to stop the survey and create confusion over survey.
Andhra politicians also questioned this survey to protect Seemandhra people who are staying in Hyderabad, but the survey's aim was not to find out who belongs to Andhra or Telangana, and there was no column related to nativity of family.
Politicians tried their best to stop the survey, but they failed and survey was successfully completed, and all the people of Telangana participated in survey.
How do we visualise Telangana?
One thing that will change for sure is that we will have control over our resources, jobs, and education. But, that has to be only the beginning. Other policies have to be visualized and projected.
Although 100 days is a small period to talk about what the government has done but the period is certainly enough to give you a sneak peak into the future, and thus one can easily say, that things have begun well but there are still things far from done.
Overall, the first hundred days have seen a positive change in the pace and quality of governance.