Hyderabad
The tussle between Wakf Board and encroachers seem to have no end. Complaints have been made about wakf board land falling prey to land grabbers, a two-acre graveyard on Road No. 12 Banjara Hills. The entrance of the Third Battalion Muslim Graveyard was blocked about six months ago and the task force officer deputed by [...] Continue Reading »
Miyapur located on National Highway 9 near the Pune-Hyderabad-Machilipatnam highway is witnessing high demand and appreciation in the residential segment. Both demand and supply in the residential sector in the area have increased in recent times. Strategic location and affordable values in Miyapur are the key factors which have pushed the real estate boom. Hyderabad [...] Continue Reading »
Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB) faced criticism from Greater Hyderabad Municipal Corporation (GHMC) recently for their failure for not upgrading sewerage network in the Greater Hyderabad limits. Not even five percent of the new sewage pipelines were laid in the last ten years. Due to lack of sewerage network, nearly 75 percent [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) has collected Rs 125 crore through the auction of 42 plots in the city. The HMDA got Rs 84.74 crore for over four acres of land in Nandagiri Hills, the most prized possession of the authority. NetNet Ventures Pvt Ltd,bought the plot for Rs 18.5 crore per acre against [...] Continue Reading »
West Hyderabad has become one of the fastest growing areas in the city in terms of IT development, increase in capital values and infrastructure growth. The areas like Madhapur, Kukatpally, Miyapur, Banchupally have generated robust demand due to the presence of IT professionals, good connectivity and IT parks nearby. Apart from these areas, Banjara Hills, [...] Continue Reading »
Sources reveal that even after a year is passed of the report on flyovers and bridges were submitted to the Greater Hyderabad Municipal Corporation (GHMC), the civic body has not yet taken up any initiative to address the repairs needed. The condition of nearly 40 flyovers, rail over bridges (ROBs) and other bridges and suggested [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) has been emphasizing on the cleaning up of Hussainsagar Lake. Having taken up the initiative to clean up the polluted Hussainsagar Lake, the 400-year-old water body in the heart of the city, the HMDA has been working at diverting the sewage inflows. The lake faces pollution threats from industrial [...] Continue Reading »
While reports pointed out an increase in office rentals, a study by real estate consultancy Jones Lang LaSalle (JLL) shows that there has been a 35 per cent dip in office space absorption in seven major cities, as of June 30, 2012. The report states that the supply fell by 52 per cent during the [...] Continue Reading »
Gulf Oil Corporation Ltd has entered into a joint development pact with Hinduja Estates for development of the 76 acre company land in Hyderabad. As per sources, the project is to be completed in five-six years and will be located at the company’s campus close to the busy residential-cum-business hub in Kukatpally. As per agreement, [...] Continue Reading »
Andhra Pradesh High Court has approved the merger of subsidiary IVRCL Assets and Holdings with the parent company, infrastructure firm IVRCL. A composite Scheme of Arrangement has been made between IVRCL Ltd and IVRCL Assets & Holdings Ltd and two subsidiary companies RIHIM Developers Private Ltd and IVRCL TLT Private Ltd. As per Scheme of [...] Continue Reading »
