Oracle software installation issue

Hi All,
as part of my learning exercise I am trying to achieve this -
I have a Sun box (SPARC 64 bit) running on Solaris 10 where oracle software is already installed (as oracle user) and a test database is created.
What I want is to install oracle 10.2.01 and then upgrade to 10.2.05 in a isolated environment on same serve as different user.
For this I have created another user, given access to the location where oracle software is kept.
Login as newly created user. I declare & export ORACLE_HOME and then execute runInstaller I get permission error on orainventory directory!!
One way of resolving this issue I thought would be to put newly created user to same group as oracle (as oraInventory has 770 permission) but my sysadmin says try to create a completely isolated environment and do not touch existing oraInventory dir.
I am kind of stuck at the moment and was wondering if someone can help me or guide me to right direction/document
Your help is much appreciated.

All,
Thanks for all your help and suggestions. After a lot of reading documents, I came to realise that to create isolated environment, I need to specify different oraInst.loc parameter to runInstaller. So I created a oraInst.loc in $ORACLE_HOME and changed contents of this file to point to oraInventory directory which again I created in $ORACLE_HOME. Then ran runInstaller-
./runInstaller -invPtrLoc /rabi/oracle/product/10.2.0.1/db_1/oraInst.loc
oraInst.loc has -
inventory_loc=/rabi/oracle/product/10.2.0.1/db_1/oraInventory
inst_group=rabi
Installer starts off well. All checks are done. Gives warning that SWAP memory is less than recommended. I check the checkbox to ignore this warning.
Installation process starts and then hangs @83%
Last few lines of log file are -
location = /u01/app/oracle/product/11.2.0/grid
name = oracle.rdbms
INFO:
Query Exception: HomeNotFoundException
Query Exception Class: class oracle.sysman.oii.oiil.OiilQueryException
INFO:
INFO: Setting variable 'b_ASMAlreadyUpgraded' to 'false'. Received the value from the variable calculation.
INFO: Calling Query ASMQueries10.2.0.1.0 IsRACASM
orahome_path = /u01/app/oracle/product/11.2.0/grid
orahome_sid = +ASM
And I am kind of stuck at this point.
Has anyone come across this issue?
Thanks in advance.

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