GO Ms No.274, expanding the jurisdiction of HUDA

Government of Andhra Pradesh has issued a GO Ms No.274 dated April 20, 2007 to expand the jurisdiction of HUDA (Hyderabad Urban Development Authority) till such time the HMDA was constituted. Accordingly, the jurisdiction was expanded from the existing 2,300 sq. km area to 6,876 sq. km. Additional 600 villages were added to the jurisdiction. Addressing a press conference at secretariat here today, Minister for information and public relations and district incharge Minister Mr. Mohd. Ali Shabbir along with Minister for IT, mines and geology Mrs. P. Sabitha Reddy informed that the Government would prepare a Master Plan for the area by engaging services of reputed consultants. The proposed Master Plan for HMDA would be completed within a year. Besides, draft has been made ready to formulate the Hyderabad Metropolitan Act, and would be implemented by an Ordinance and would go for ratification in the next Assembly session. The Chief Minister would be the Chairman of Hyderabad Metropolitan Development Authority, he added. After creation of Greater Hyderabad Municipal Corporation (GHMC) recently, the State Government has now decided to set up Hyderabad Metropolitan Development Authority (HMDA) for better service delivery and coordination among various agencies concerned. It would shortly issue an Ordinance followed by Legislation 'Hyderabad Metropolitan Act' for the purpose. The Minister claimed that expansion of jurisdiction of HUDA (up to 6,876 sq. km) would place the Hyderabad city in the third place in the country next only to Delhi (area stands at 30,000 sq. km) and Bangalore (8,000 sq. km). In future extensive developmental activity and real estate projects would come up in areas outside the present HUDA jurisdiction. Population would increase from the present 80 lakhs to one crore after expansion of jurisdiction. In all, about 54 mandals in five districts (Hyderabad, Ranga Reddy, Medak, Mahabubnagar and Nalgonda) would be covered in the new jurisdiction. The Authority would now have 1003 villages as against 403 villages existing under the present four Urban Development Authorities i.e. HUDA, Cyberabad Development Authority (CDA), Hyderabad Airport Development Authority (HADA) and Buddha Purnima Project Authority (BPPA). Quli Qutub Shah UDA would also come under the jurisdiction, he added. Principal Secretary to municipal administration and urban development Mr. S.P. Singh said so far there was no Master Plan for the vast areas covered under four UDAs. The Authority would now prepare a Master Plan for the expanded areas. The entire metro region would be developed in a balanced manner. The under implementation Outer Ring Road (ORR) project would open up vast areas for future development. The expanded jurisdiction would enable planned development for such areas, he claimed. HUDA Chairman Mr. D. Sudheer Reddy and Vice-Chairman and MD Mr. Jayesh Ranjan were also present. Source : http://www.khojhyderabad.com/News/Fullstory.asp?q=74674 http://hyderabadrealguide.com

Starting a small business in India

Starting a small business in India.

If you are planning to start a small business in India this article might help you, as most of these have been facts that I have faced. To start a company I have divided the start up business model into five parts:-

1. Estimating Costs and Living System.
2. Office Space, Equipment and necessary stationary
3. Proper accounting System
4. Incorporation Activity.
5. Managing Proper Tax System

1. There are many more people with good ideas than there are people who also demonstrate discipline in handling their business's money. Some say that one of the main reasons` businesses` fail is` lack of money. I believe it is lack of control of money.Usually we estimate the current outstanding cash we have or the even the current balance in the credit account, we never think of the credit cards or the debts and their interest which should be paid every month. If you are not starting with enough cash, known technically as being "undercapitalized," is probably second only to not researching your business concept as a major cause of small business failure. This situation is usually the result of inadequate planning during the pre launch phase.First you must estimate what your family expenses are and plan how you will ensure that your business income is sufficient to pay them. You should sit down with your family and honestly discuss the minimum amount of money the household must have each month in order to provide security. Ask each family member to offer one or two areas where some expense can be reduced.Estimation of Equipment and necessary stationaryIn addition to providing enough money to pay your family living expenses for two to three months, you will need money to pay for a variety of one time expenditures necessary to set up your business. Let's look at typical expense categories required in setting up a new business:

1. Office Space: If you can start the new business in your home or share office space with a friend you can cut down the initial cost for deposits. Usually the office space have a deposit of 2 to 3 moths. If you sign a multi-year lease, you can sometimes negotiate with your landlord to have this included in your base rent. This expense may run from Rs. 1000/- (if you do the painting yourself) to several thousand (if you must build walls and add doors and windows). Most importantly do not forget to take the lease agreement during the initial time itself. You need the lease deed for the Incorporation of your company and other registrations.
2. Furnishings are needed:- whether you locate your office at home or in outside space. Most offices will require a desk, chair, lamp, file cabinet and a bookcase or bookshelves, at a minimum. You may also wish to have a separate computer table or work station. If you give yourself several months to search, you can often find used furnishings at house sales, bankruptcy auctions and furniture resellers. With cleaning and a little touch-up paint, used furniture can work quite well. You'd better plan for Rs. 3000 to Rs. 9000 for basic.
3. Computers: - It all depends on what you are doing in future. As I was starting Real Estate Company with online presence I had to go for a high end system. I had no other option because my core business activity was involved with a computer. These days we can get an assembled P 4 duel core Intel original processor with Intel mother board and all the latest add-ons on it for around Rs. 35,000 /- Take your pick! An astonishing variety is available today. You will need to do some homework -- learn what the most commonly used computer terms mean and how particular features affect speed or use (there are plenty of magazines and books available to help with this).. A word of caution: It is probably not smart for a new small business computer user to buy a used computer.

1. Copiers: - Do you need one? If running down to a photocopying shop every other day or so takes too many hours of your time, you do. In a pinch, you can make copies on your fax. For a new small business, inexpensive (around Rs. 7,000/- I bought a Samsung). Multi function devices or MFD’s are very affordable these days. They have a Fax, Photo Copying, Scanning, and printing in them, we always miss out the paper cost in it, it is hell lot.
2. Inventory: - Retail stores require stock before they can open for business. Often the initial stock to fill a 500-square-foot store (25' X 20') costs over Rs 8, 00,000/- Obviously the nature of your intended stock will determine the exact cost. Manufacturers are well-advised to have a supply of raw materials on hand when they start so that they can keep up with orders. Industrial supply and material suppliers often insist on selling in minimum quantities that are larger than you need in the beginning but which you must buy in order to get any materials at all. This often results in significant costs to you.
3. Telecommunications:- At a minimum your business will require one telephone line and a telephone to attach to it. You may be able to get by for some time with your existing residential phone line, which will enable you to avoid a connect charge. However, if one line is not enough to handle all calls or if you need a second line to transmit and receive faxes, Consider also your needs for phone message handling, calls made outside your office and paging. An answering machine may be sufficient to handle calls when you are out. But perhaps you feel your customers demand a live person to answer your phone. Hiring a receptionist or live answering service will increase your start-up costs substantially. Special phone features, such as call waiting, call forwarding or caller ID carry installation charges of Rs. 500/- to Rs 1000/- on most of the services like Airtel, Tata, or Reliance However, from time to time the telephone company may offer specials that combine such features at a single, lower cost. Phones can be found in discount stores and catalogs as well as direct from the phone companies. A telephone is no longer enough. Your customers expect to be able to send you something immediately by fax. If you use a MFD you can solve most of the issues yourself. I had lot of problems with TATA, They have installed very quickly and charged an installation of only Rs.1000/- and they gave me a nice number as well. The worst part is every day I get at least 1 call from some insurance company or a holiday packages company saying that I won some thing be specific about such calls when you order for installations and the bottom line please do read the terms and conditions where ever you encounter.
4. Insurance: - if you are starting a manufacturing or a processing unit you better go for the complete insurance. For that matter any small scale business insurance is a must any how we can claim this as a business cost in the tax, if you do not insure your products the govt is not going to give you any rewards for taking the risk, and basic rule in business is no body will support you, you have to support yourself.
5. Incorporation: - If you are registering the company as a limited (private/public). You have to go through ROC (Registrar of Companies). It involves lot of application and lot of money, just for the incorporation of a company I had spend about Rs. 26,000/-, and about 4 months time I would list out all the process which might be useful to you:-
6. Name Availability.
7. Name Registration.
8. PAN Numbers for all the directors.
9. Directors Identification Numbers ( DIN)
10. Company Registration
11. MOA Memorandum of Articles.
12. AOA Articles of Association.
13. Incorporation
14. Stamps, letter heads, Common seal.
15. Bank Account..After all this I have some more activities like professional tax Registration, Service Tax Registration, VAT Registration, Digital Signature, Municipal Registration . And most of important a very good chartered accountant like MR. S. Ravi, and a good advisor like my friend Mr. Bala Srinivas. Summing It up When you total all the categories of start-up expense, you may be amazed at the total. If you include the purchase of a computer, start-up costs can easily exceed Rs, 3, 00,000/- without any cash contribution toward your personal living expenses. Advance planning is the key, because you should try to avoid borrowing money for start-up costs. You will need to borrow later to stay in business. Borrowing before you start puts you in a deep credit hole before you have even begun to market your company.I am going to put up most of the forms for incorporation on my website if you are will to go head with incorporating a company fell free to download and use them.

Ravi Danthuluri

R D Realities Pvt Ltd.

R D Realities Pvt Ltd believes that the price you pay isn’t the only factor to consider when creating a successful reputation. More important is reliability, speed, value, and return on investment. Our pledge is to provide you the highest-quality, most fully-featured services at a fair price while still maintaining the reliability your investment depends on.

We are a provider of high quality web real estate services and resources for individual real estate agents and real estate offices of any size. At our conception, we made a commitment to provide our customers with cost effective solutions to their real estate needs without compromising quality. We believe, if we live up to this commitment, it will become the foundation of our success. Our staff are highly qualified professionals deliver with over 80 years of combined experience to support and competitively position the projects we are involved in Quality Over Quantity We'll be completely honest with you. We are not a huge company whose sole purpose is to achieve more sales in Volumes. In that respect, we do not offer cheap services .Our position is that customer’s are looking for more than just bargain-basement prices. Smart customers definitely know that the true measure of the price they pay for a service is measured in the amount of value that service provides.

IT Prk Project

Godrej Properties' IT park project Hyderabad: Godrej Properties announced on Wednesday its plans to enter the Hyderabad real estate market by setting up a new IT park project. The company has already finalised 34 acres of land at Patancheruvu in Hyderabad on which it intends to develop six million sq. ft. of IT space. It has purchased the land from Rallis India, a Tata group company. The property touches the NH - 9 (Hyderabad-Mumbai) and is located on the APIIC's industrial estate.

Wipro chief's 10-point recipe for success

Wipro chief's 10-point recipe for success Azim Premji is Wipro’s Chairman Source 10 points are:-

• You should dare to dream,


• define what you stand for,


• never lose your zest and curiosity,


• always strive for excellence,


• build self confidence,


• learn to work in teams,


• take care of yourself,


• preserve,


• have a broader social vision and finally


• never let success go to your head

  Wipro chairman Azim H Premji, one of India's most successful entrepreneurs, on Friday prescribed a 10-point recipe for success, based on the very lessons he had learnt during his last 35 years in the organization. "You should dare to dream, define what you stand for, never lose your zest and curiosity, always strive for excellence, build self confidence, learn to work in teams, take care of yourself, preserve, have a broader social vision and finally never let success go to your head," Premji said. The Wipro chairman was delivering the convocation address at the 38 the convocation of the Indian Institute of Technology, Madras. Following is the entire text of the convocation address made by Premji: I am privileged to be with you here today and to share this significant moment of your life. The convocation marks the culmination of all the endless nights you worked through, all the anxieties you have gone through facing one examination after another and all the preparation you have put in, not only to enter this prestigious institution but also to graduate from it successfully. It is no mean achievement. Only a handful of the most talented people in the world have shared this success with you. Let me just say that I am very proud of each and every one of you. I am a little wary about giving you advice- because advice is one thing young people all over the world do not like receiving. I cannot fault you for that. The world does look very different when it is seen with your eyes. You are filled with enthusiasm and are straining at the leash to get on with life. And the world is very different from what it was when I was at your age. Never before has the role of technology been so pervasive and so central. The Internet has breached all physical borders and connected the world together like no other force has done before. For the first time, opportunities for creating wealth in India are at par with the best in world. There is no need for you to sacrifice the joy of remaining in your own country any more. All opportunities are accompanied by their own challenges. I thought I would share with you a few of the lessons I have learnt in my own life,

Starting a small business in India

Starting a small business in India


If you are planning to start a small business in India this article might help you, as most of these have been facts that I have faced. To start a company I have divided the start up business model into five parts:-

1. Estimating Costs and Living System.


2. Office Space, Equipment and necessary stationary


3. Proper accounting System


4. Incorporation Activity.


5. Managing Proper Tax System

There are many more people with good ideas than there are people who also demonstrate discipline in handling their business's money. Some say that one of the main reasons` businesses` fail is` lack of money. I believe it is lack of control of money.
Usually we estimate the current outstanding cash we have or the even the current balance in the credit account, we never think of the credit cards or the debts and their interest which should be paid every month. If you are not starting with enough cash, known technically as being "undercapitalized," is probably second only to not researching your business concept as a major cause of small business failure. This situation is usually the result of inadequate planning during the pre launch phase.First you must estimate what your family expenses are and plan how you will ensure that your business income is sufficient to pay them. You should sit down with your family and honestly discuss the minimum amount of money the household must have each month in order to provide security. Ask each family member to offer one or two areas where some expense can be reduced.

Estimation of Equipment and necessary stationary
In addition to providing enough money to pay your family living expenses for two to three months, you will need money to pay for a variety of one time expenditures necessary to set up your business. Let's look at typical expense categories required in setting up a new business:

1. Office Space: If you can start the new business in your home or share office space with a friend you can cut down the initial cost for deposits. Usually the office space have a deposit of 2 to 3 moths. If you sign a multi-year lease, you can sometimes negotiate with your landlord to have this included in your base rent. This expense may run from Rs. 1000/- (if you do the painting yourself) to several thousand (if you must build walls and add doors and windows). Most importantly do not forget to take the lease agreement during the initial time itself.  You need the lease deed for the Incorporation of your company and other registrations.


2. Furnishings are needed:- whether you locate your office at home or in outside space. Most offices will require a desk, chair, lamp, file cabinet and a bookcase or bookshelves, at a minimum. You may also wish to have a separate computer table or work station. If you give yourself several months to search, you can often find used furnishings at house sales, bankruptcy auctions and furniture resellers. With cleaning and a little touch-up paint, used furniture can work quite well. You'd better plan for Rs. 3000 to Rs. 9000 for basic.

1. Computers: - It all depends on what you are doing in future. As I was starting Real Estate Company with online presence I had to go for a high end system. I had no other option because my core business activity was involved with a computer. These days we can get an assembled P 4 duel core Intel original processor with Intel mother board and all the latest add-ons on it for around Rs. 35,000 /- Take your pick! An astonishing variety is available today. You will need to do some homework -- learn what the most commonly used computer terms mean and how particular features affect speed or use (there are plenty of magazines and books available to help with this).. A word of caution: It is probably not smart for a new small business computer user to buy a used computer.

1. Copiers: - Do you need one? If running down to a photocopying shop every other day or so takes too many hours of your time, you do. In a pinch, you can make copies on your fax. For a new small business, inexpensive (around Rs. 7,000/- I bought a Samsung). Multi function devices or MFD’s are very affordable these days. They have a Fax, Photo Copying, Scanning, and printing in them, we always miss out the paper cost in it, it is hell lot.

1. Inventory: - Retail stores require stock before they can open for business. Often the initial stock to fill a 500-square-foot store (25' X 20') costs over Rs 8, 00,000/- Obviously the nature of your intended stock will determine the exact cost. Manufacturers are well-advised to have a supply of raw materials on hand when they start so that they can keep up with orders. Industrial supply and material suppliers often insist on selling in minimum quantities that are larger than you need in the beginning but which you must buy in order to get any materials at all. This often results in significant costs to you.

1. Telecommunications:- At a minimum your business will require one telephone line and a telephone to attach to it. You may be able to get by for some time with your existing residential phone line, which will enable you to avoid a connect charge. However, if one line is not enough to handle all calls or if you need a second line to transmit and receive faxes, Consider also your needs for phone message handling, calls made outside your office and paging. An answering machine may be sufficient to handle calls when you are out. But perhaps you feel your customers demand a live person to answer your phone. Hiring a receptionist or live answering service will increase your start-up costs substantially. Special phone features, such as call waiting, call forwarding or caller ID carry installation charges of Rs. 500/-  to Rs 1000/- on most of the services like Airtel, Tata, or Reliance  However, from time to time the telephone company may offer specials that combine such features at a single, lower cost. Phones can be found in discount stores and catalogs as well as direct from the phone companies. A telephone is no longer enough. Your customers expect to be able to send you something immediately by fax. If you use a MFD you can solve most of the issues yourself.  I had lot of problems with TATA, They have installed very quickly and charged an installation of only Rs.1000/- and they gave me a nice number as well. The worst part is  every day I get at least 1 call from some insurance company or a holiday packages company saying that I won some thing be specific about such calls when you order for installations and the bottom line please do read the terms and conditions where ever you encounter.

1. Insurance: - if you are starting a manufacturing or a processing unit you better go for the complete insurance. For that matter any small scale business insurance is a must any how we can claim this as a business cost in the tax, if you do not insure your products the govt is not going to give you any rewards for taking the risk, and basic rule in business is no body will support you, you have to support yourself.

1. Incorporation: - If you are registering the company as a limited (private/public). You have to go through ROC (Registrar of Companies). It involves lot of application and lot of money, just for the incorporation of a company I had spend about Rs. 26,000/-, and about 4 months time I would list out all the process which might be useful to you:-

• Name Availability.


• Name Registration.


• PAN Numbers for all the directors.


• Directors Identification Numbers ( DIN)


• Company Registration


• MOA Memorandum of Articles.


• AOA Articles of Association.


• Incorporation


• Stamps, letter heads, Common seal.


• Bank Account..

After all this I have some more activities like professional tax Registration, Service Tax Registration,  VAT Registration, Digital Signature, Municipal Registration . And most of important a very good chartered accountant like MR. S. Ravi, and a good advisor like my friend Mr. Bala Srinivas.

Summing It up When you total all the categories of start-up expense, you may be amazed at the total. If you include the purchase of a computer, start-up costs can easily exceed Rs, 3, 00,000/- without any cash contribution toward your personal living expenses. Advance planning is the key, because you should try to avoid borrowing money for start-up costs. You will need to borrow later to stay in business. Borrowing before you start puts you in a deep credit hole before you have even begun to market your company.

I am going to put up most of the forms for incorporation on my website if you are will to go head with incorporating a company fell free to download and use them.


You can visit me at :  Http://www.rdreal.com
                           Http://www.indiarealguide.com
                           Http://www.rdreal.com/shop

You can send me your comments at danthuluri@hotmail.com.

Hyderabad Real Estate News

BANGALORE, India — Bartonics India Ltd. is to set up a manufacturing plant in Hyderabad in southern India to make chips for smart cards in a pact with Watchdata Technologies Ltd., Singapore, a subsidiary of Beijing-based Watchdata, one of China's first developers of a proprietary smart card operating system. Bartronics currently sources the chips from Watchdata, according to a Friday (Nov. 10) report in The Economic Times. The Indian firm is into the business of smart cards, RFID cards, scanners and other identification and access related products. "Now that we have tied up with Watchdata for sourcing and marketing smart card-based products in India and neighboring countries, we will look at backward integration. The step forward in this would be the manufacturing of our own chips," The Economic Times report quoted Bartronics managing director and CEO, Sudhir Rao, as saying. The chip plant would cost up to $40 million to $50 million, funded through a mix of loans and equity. It is expected to start commercial operations in 2008, and will employ about a hundred additional staff, the report added.  

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