Latest Realty News

Experts cite Hyderabad model to curb building violations
Jan 22, 2014
CHENNAI: Unauthorised construction activity is on the rise in the city owing to the shortage of civic staff, so experts have suggested that the corporation follow a model introduced in Hyderabad to curb building violations.
Burglars decamp with 5L worth property
Jan 13, 2014
HYDERABAD: Burglars gained entry into five houses and two shops at Kokapet on Saturday night and escaped with Rs 5 lakh worth property. The offenders broke into five flats and two shops at block number 5 of Rajiv Gruhakalpa Colony late on Saturday night. The inmates were not present at any of the seven places and property loss was reported from only one house.
Realty investment drops 6% in 20 states
Jan 08, 2014
HYDERABAD: Outstanding investments attracted by the real estate sector in Andhra Pradesh (AP) have dropped from over Rs 1.44 lakh crore as of September 2012 to about Rs 1.39 lakh crore by September 2013, registering a marginal decline of about 3.2 per cent, according to The Associated Chambers of Commerce and Industry (Assocham).
Getting urban, the sustainable way
Jan 03, 2014
HYDERABAD: The real estate sector is the second largest employer after the agricultural sector. Continuous increasing demand for infrastructure due to urbanisation has been the key factor for consistent growth.
SBH rolls out housing, car loan campaign
Jan 03, 2014
HYDERABAD: State Bank of Hyderabad (SBH) has launched a new campaign for housing and car loans.
Residences in posh areas turn business houses in Hyderabad
Dec 21, 2013
HYDERABAD: Though unauthorized conversion of residential properties for commercial exploitation and illegal constructions are unabated in up-market areas like Jubilee Hills and Banjara Hills, the Greater Hyderabad Municipal Corporation (GHMC) seems to be turning a blind eye.
Realtors See Realty Boom Post-polls
Dec 20, 2013
HYDERABAD: Several real estate associations of South India converged at the two-day conference organised by the Confederation of Indian Industries here to discuss various aspects and prospects of real estate sector.
Credai favours single-window clearance for projects, amendments realty bill
Dec 15, 2013
HYDERABAD: The Confederation of Real Estate Developers Associations of India has called for adoption of a single window and online approval system to cut short time for clearances and save on costs due to delays.
Land losers to get more compensation
Dec 11, 2013
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) and other government agencies, which take over private properties for various purposes, will have to cough up more compensation for acquiring properties from January 1, 2014.
1.5 Lakh Commercial Units Have No Trade Licences
Dec 10, 2013
HYDERABAD: It may sound unbelievable but it is a fact. As many as 1,56,890 commercial establishments in the twin cities are running without trade licence and another 22,220, instead of being in the commercial tax net, are in residential property tax net.
Uppal land losers to get developed plots soon
Dec 09, 2013
HYDERABAD: Nearly six years after their land was acquired, affected property owners of Uppal Bhagat will get developed plots soon. The Hyderabad Metropolitan Development Authority (HMDA) has decided to allot plots on lottery basis in a couple of weeks
Neighbours' pride, Greater Hyderabad Municipal Corporation's joy
Dec 09, 2013
HYDERABAD: In a bid to curb unauthorized constructions, the Greater Hyderabad Municipal Corporation (GHMC) has decided to provide copies of sanctioned building plans to neighbours of building applicants.
Housing board plans houses on hire purchase
Dec 09, 2013
HYDERABAD: After nearly two decades, the Andhra Pradesh Housing Board (APHB) has decided to take up special housing scheme for the benefit of low income groups. The new housing schemes are being taken up at Kukatpally, Chandanagar, Nizampet, Bandlaguda and Red Hills in the city apart from other locations in the state.
PE investments in realty up 26% this year
Dec 06, 2013
HYDERABAD: The value of private equity (PE) transactions in the country’s real estate sector during the first nine months of 2013 was up 26 per cent at Rs 4,716 crore, indicating that funds continue to see India as a an investment destination despite a slowdown in the local market.
Elevate brings marquee brands under one roof
Dec 03, 2013
HYDERABAD: That luxury comes at a price is amply demonstrated at Elevate, a one-stop designer hub for furniture and kitchens.
Are you paying more for your flat maintenance?
Dec 03, 2013
HYDERABAD: The rising prices and shrinking options are now quietly getting accepted by people, as they seem to give up now. The hole in the pocket is growing bigger and bigger everyday. No matter how much you earn, the impact is felt by everyone.
Villas on Hyderabad ORR attract home buyers
Dec 03, 2013
HYDERABAD: The 159 Kms long stretch of the Outer Ring Road (ORR) is a road-cumarea development project. The ORR connects Patancheru-Shamshabad-Hayathnagar-Medchal Patancheru, and also provides the connectivity to various State Highways and National Highways.
Natuzzi to expand India presence
Dec 02, 2013
HYDERABAD: Italian luxury brand Natuzzi plans to expand presence across 15 more stores in India over the next one year, according to its Country Manager Nitin Bahl.
Luxury comes for a price; Elevate brings together marquee brands under one roof
Dec 02, 2013
HYDERABAD: That luxury comes at a price is amply demonstrated at Elevate, a one-stop designer hub for furniture and kitchens.
Hyderabad: Nizami culture goes Hitech
Nov 29, 2013
HYDERABAD: The real estate sector in Hyderabad has changed dramatically over the past two decades riding on the growth mainly of the IT sector and other services sectors, including telecom, transport and financial services.
Stamp duty on sale of land in Hyderabad reduced
Nov 28, 2013
HYDERABAD:The state government on November 27 reduced stamp duty on major transactions including sale of land. According to sources, the move was forced by the Centre which is providing huge funds under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme.
Hyderabad witnesses consistent rise in valuations
Nov 27, 2013
HYDERABAD: The Hyderabad valuations index rose by 3 per cent in the last quarter. Since values are low, there is an increasing number of people upgrading to premium living which has now come within their budgets. As a result, there is robust demand for luxury properties in the Rs 40-80 lakh category. The in-demand configuration too is 2 and 3-BHK units. The 4-BHK configuration were less in demand and therefore oversupplied.
Hyderabad: Waiting for a sense of direction
Nov 26, 2013
HYDERABAD: The health of real estate cannot be different from the health of businesses. The health of business has a lot to do with the sense of a well- governed city, and a population that is positive about the future. “I can’t see enough mature sense of direction in this state separation and its long term impact oh Hyderabad city, there are so may unanswered questions,” confides one of India’s top infrastructure company CEO’s. “People we approach for investment, though very pleased with what w
Survey helps Hyderabad officials find litigation-free land
Nov 22, 2013
HYDERABAD: After a six-month marathon exercise on government land, the Hyderabad district administration has discovered 66 acres litigation-free government land, worth hundreds of crores, in its jurisdiction.
HMDA asked to speed up ongoing projects
Nov 13, 2013
HYDERABAD: The chief minister has directed the Hyderabad Metropolitan Development Authority (HMDA) to speed up ongoing projects like radial roads, new projects like Hyderabad Habitat Centre, Science City and initiatives like land pooling schemes and Educational Hub apart from lake protection works with specific time-frame.

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