Gachibowli
Experts state that the real estate market in Hyderabad is ripe for investment now. They term Hyderabad as a buyer’s market as compared to other cities such as Mumbai and Delhi. They maintain that the real estate is in a consolidation mode and it still offers affordable options to end users. Areas such as Attapur, [...] Continue Reading »
Statistics shows that Hyderabad real estate segment saw appreciation in the new properties as compared to the resale segment during the Apr-Jun 2012 quarter. Data shows that enhanced demand and transaction in the upcoming apartment projects are more than the old properties. Although the new launches in the market are priced higher than the average [...] Continue Reading »
The rupee value has decreased significantly in the recent time, with the recent exchange value recorded as Rs 60 for a dollar. However, falling rupee is a boon on the part of realty of India and NRIs. Builders are getting plethora of enquiries from NRIs to purchase properties. The number of sales of properties in [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) will be opening the Outer Ring Road (ORR) stretch between Patancheru and Shamirpet to traffic in July. The road works will be completed by end of June and it will be open to public in July if chief minister Kiran Kumar Reddy grants permission, said sources. The HMDA has already completed about 87 [...] Continue Reading »
Kondapur and its surrounding pockets such as Madhapur, Hi-Tec City and even Gachibowli are inhabited by professionals from the corporate world who reside in the many towering apartments. The apartments are full of residents migrated from the entire India. Water has been a perennial problem in these parts of town with the situation worsening overt [...] Continue Reading »
A four storied residential cum commercial building was reduced to ashes in Hyderabad at MV plaza and the estimated property loss is around Rs 2 crores. The fire was spread in such a extent that the fire men took nearly 6 hours to pull down the whole fire from the building. The building comprised of [...] Continue Reading »
In the last three months alone, the Hakimpet Kunta lake originally spread over an area of over 10 acres has shrunk by a good 10-15 per cent, thanks to illegal dumping of debris in the water body. While Greater Hyderabad Municipal Corporation (GHMC) officials had in the past fenced the lake to keep encroachers at [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) has prepared toll tax proposals and sent it to the state government for approval. The proposed toll, which will be based on distance travelled and vehicle, will be between Rs 20 and Rs 150 and it will be collected only at exit points or at interchange points.Though the 158-kilometer [...] Continue Reading »
