Govt. The Telangana state government has constructed Rajiv Swagruha flats in the state as anaffordable housing option for everyone. Earlier, the Telangana govt. and HMDA (HyderabadMetropolitan Development Authority) had planned to sell these Rajiv Swagruha flats in a clusteror tower wise to builders & developers in an exclusive auction. The Rajiv Swagruha flats beingsold are […]
The High Court of Telangana has stalled the auction of 40 vacant plots in Mayuri Nagar,Miyapur by HMDA (Hyderabad Metropolitan Development Authority). The residents of MayuriNagar, who are part of Mayuri Nagar Welfare Association in Miyapur had filed a petition againstHMDA’s intentions to auction the 40 vacant plots in Mayuri Nagar layout as auctioning/sale ofthese […]
The sentiment of residential property buyers in Hyderabad’s real-estate market is changingrapidly as buyers are now willing to spend more if it means they can buy larger houses to live in.Till 2021, the demand for residential properties was higher in the affordable segment i.e., from₹25 lakhs to ₹50 lakhs category. Since 2021, the demand has […]
The Telangana state government is currently struggling with fund mobilisation and it has decidedto generate ₹2,300 crores by auctioning flats & open plots within HMDA (HyderabadMetropolitan Development Authority) limits over the next 2 months. Of the targeted ₹2,300crores, ₹900 crore is expected from sale of Rajiv Swagruha flats at 2 locations – one atBandlaguda near […]
The Andhra Pradesh (AP) state government has finally said that AP-CRDA (Capital RegionDevelopment Authority) can proceed with the auction of lands in Amaravati & take upinfrastructure works as per the master plan. The govt. has set an upset price of ₹10 crore per acreand permitted auction of around 248 acres of land, with the aim […]
The Andhra Pradesh state government has decided to lease out flats in Amaravati built forgovernment employees to acquire funds for starting developmental works in the capital city inaccordance with the High Court verdict to follow the CRDA Master Plan and finish alldevelopment works in Amaravati in the coming 6 months. The CRDA (Capital RegionDevelopment Authority) […]
The Telangana state government has now allowed registrations of properties developed bydevelopers through a joint venture with the Telangana Housing Board (THB). This news willcome as a huge relief for many buyers who have purchased residential or commercial propertiesbuilt by developers in conjunction with the Telangana Housing Board. Starting from July 2022,such joint venture properties […]
Telangana State Govt. Ban Registrations of farmlands & plots which are smaller than 2,000 sq. m. & registration of land inunapproved layouts was banned by the Telangana state government in 2021, but despite the ban,registration of these unapproved lands continues unchecked well into 2022. Developers arepromising government-backed incentives like Rythu Bandhu benefit scheme, individual pattadarpassbooks […]
Property Tax The Registration & Stamps (R&S) Department and Hyderabad city’s civic body, GHMC(Greater Hyderabad Municipal Corporation), are currently locked in a heated dispute overcollection of property taxes & vacant land taxes for properties registered within the limits ofGreater Hyderabad. The GHMC has alleged that SROs (Sub-Registrar Offices) are registeringproperties & carrying out transactions of […]
Highest Grade-A Office Space Vacancy in Hyderabad Amongst India’s Top Hyderabad city has the highest amount of vacancy in Grade-A office space amongst India’s top 4IT hubs – Hyderabad, Bengaluru, Pune & Chennai. According to a report published by Anarock,a real-estate consultancy firm, the city of pearls has the highest vacant Grade-A office space ofany […]
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