Hyderabad
Hyderabad-In a recent developmental report in the city of Hyderabad, project developer L&T has decided to develop in six million square feet in the next 5-6 years. The project will include shopping malls, multiplexes, office space and retail chains spread over 18.5 million square feet. The project planning has been done in order to make the [...] Continue Reading »
Hyderabad-The meeting scheduled for December 1 is expected to create a furor with the opposition as the Government of Hyderabad has been dawdling on the payment of property tax of its buildings. The current pending amount of the property tax on the government buildings stands up to Rs. 1,000 crore. Around 1,186 buildings are occupied by the [...] Continue Reading »
Developers in Hyderabad are all geared up to plunge into real estate as the competitive pricing has boosted their confidence. The city is also witnessing a great change in terms of commercial properties as firms like Amazon, TCS and Oracle have been expanded. It is predicted that the absorption rate of both commercial and residential properties will create [...] Continue Reading »
The Andhra Pradesh Housing Board (APHB) and private players have stalled the property registrations of various residential and commercial projects which in turn has created inconvenience to the property buyers as the hurdles involved are not yet cleared by them. The registration which had a deadline was put on hold as the project completion and power pf attorney [...] Continue Reading »
The infrastructure development in Hyderabad has paved way for further improvement of the city in terms of commercial spaces. The decision makers are working on consolidating the requirements and the city is all set to get a major turnaround as the office market is in great demand. However, the office rentals will be increased in the coming months as [...] Continue Reading »
The State Government of Hyderabad has announced that the first ever nuclear power project will be set up in Andhra Pradesh. About 5 villages were shortlisted in the North coastal district of Srikakulam to set up the project. Five years ago, it was decided that the Nuclear Power Corporation of India (NPCIL) had declared to [...] Continue Reading »
In a recent announcement made by District Collector S A M Rizwi,Hyderabad, stated that there was no point in making rounds to the Collector’s office as the allocation of houses will be done on seniority basis. Earlier this week, the program ‘Mee Kosam’ resulted in people sending various applications to the collector. The applications sent by [...] Continue Reading »
There has been a significant demand in the high-end housing apartments and villas in Hyderabad since 1.5 years after the rigorous downfall in the year 2009-10. According to the industry sources, the price elasticity is quite affordable for the high-end units and that the investors are seldom worried about aspects like hike in the lending [...] Continue Reading »
The Andhra Pradesh Housing Board (APHB) has decided to resume the auction of the plots after a delay of four years as the real estate has been witnessing a development. The date given for the current phase of auction is November 22 wherein the board will display about 14 plots in Kukatpally Housing Board (KPHB) Colony [...] Continue Reading »
A third Property Show 2012 was organised by the Andhra Pradesh Real Estate Developers’ Association (APREDA) consisting of about 200 stalls over an area of 70000 sft. The event will was held at Hitex from November 10-11 followed by a conference on November 10. The event was themed as ‘Real Estate-Accelerating the growth story’ and was [...] Continue Reading »
