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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.
1.9 lakh owners in Hyderabad never paid property tax in 5 years
Oct 11, 2013
HYDERABAD: Nearly 1.90 lakh owners have not been paying property tax for over five years. These property owners together owe over Rs 461 crore, including arrears and interest on it, to the Greater Hyderabad Municipal Corporation (GHMC). Similarly, over three lakh owners of 13.5 lakh properties assessed have not been remitting taxes for over three years.
Kothur in Hyderabad sees high real estate development
Jun 07, 2013
HYDERABAD: At the western part of Andhra Pradesh, a small town in Mahbubnagar district, Kothur, is slowly waking up to real estate development. Located close to NH-7, it is only 36 km from Hyderabad. Kothur is encircled by industrial areas and is away from the busy life of a city.

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