Begumpet
The income tax department conducted the raid on the residence of real estate businessman G Amarender Reddy. During the raid the IT department seized incriminating documents related to the huge cash transactions outside the books. Mr. Amarender Reddy is a close friend of former chief minister N Kiran Kumar Reddy. Mr. Reddy is the chairman [...] Continue Reading »
Begumpet, located at the centre of Hyderabad, has witnessed a rise in commercial activity. Commercial development was triggered by shifting of the Begumpet airport to Shamshabad. Earlier Airport Authority of India had imposed restrictions on the number of floors that could be constructed for a commercial building and only two floors were allowed. However, these [...] Continue Reading »
Hyderabad’s retail market is gradually expanding to suburbs and peripheral areas as demand for retail space grows in the suburbs. The retail activity is no longer confined to high streets. As the malls are almost fully occupied, leasing activity is slow in malls in CBD areas but vacancy rates and rents remained stable in existing [...] Continue Reading »
Hyderabad is witnessing an all time low water shortage scenario and the city’s water tankers are also in a dry situation over the same. From past one week, the consumers are unable to reach the water board’s ‘Dial-a-tanker‘ number and even private water tanker owners are giving it a miss as they are unable to [...] Continue Reading »
Competing with each other in setting up colourful pandals and necessary paraphernalia to make the Ganesh festival a grand one, various youth and welfare organisations in Hyderabad were putting in extra efforts. Stalls offering different types of Ganesh idols at Narayanguda, S.R.Nagar, Koti, Monda Market, Secunderabad and Dhoolpet were teeming with customers. With costs of [...] Continue Reading »
