Hyderabad real estate
HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has decided that builders neglect essential safety measures so as obstructing under-construction sites, installing dust Screens and safety measures for employees throughout a special drive. Of the 445 buildings inspected in 3 days, it had been found 195 under-construction buildings were being built in violation of safety norms. The rules being ridiculed were those concerning [...] Continue Reading »
Hyderabad, the city of pearls, never fails to impress on any count. When it comes to business or real estate opportunities, the city is big time ahead. However, of late there seems to be an invisible pause button clicked on the real estate growth opportunities for the city and its suburbs, across various quarters, say [...] Continue Reading »
According to the realty consultants Jones Lang LaSalle, the passing of contentious Telangana bill in the Lok Sabha may not have much impact on investment sentiment in realty sector across Hyderabad, as, for next 10 years it has already been planned to serve as a joint capital. JLL Managing Director, Hyderabad, Mr. Sandip Patnaik said, “The [...] Continue Reading »
In the last three years, the number of unsold housing units in prime cities such as Delhi-NCR, Mumbai and Hyderabad have nearly doubled, indicating that the real estate in India would need a long time to recover from. Liases Foras, a real estate consultancy and research firm has revealed that the stock level of residential [...] Continue Reading »
Hyderabad- A proposal has been raised to increase the present 625 sq km area of Greater Hyderababd to nearly 900 sq km. If the state government gives a green signal, then the capital city will include 25 gram panchayats with urban characteristics and adjoining city borders. The proposal is facing sharp criticism from Telangana party [...] Continue Reading »
Hyderabad- The Hyderabad metro rail project has got a final approval for viability gap funding (VGF) of Rs 1,458 crore from the empowered committee of the finance ministry. This amount is 12.35 percent of the estimated total project cost. It has been provided by the state under VGF scheme for the development of the metro [...] Continue Reading »
Hyderabad-The real estate market of Hyderabad which witnessed a slowdown due to Telangana issue is all set to turn positive this year.The market has gained momentum with improved buyers sentiments.The last two quarters have received good response towards new launches along IT/ITES corridor. The gradual rise in the price of properties is due to infrastructural [...] Continue Reading »
Hyderabad – The Union Budget 2013-14 has disappointed entire real estate industry by highly affecting the premium homes business in Hyderabad as it has increased service tax to 3.6 percent from erstwhile 3.09% for house worth Rs 1 crore or more (carpet area of 2,000 sq ft or more). According to the real estate developers [...] Continue Reading »
Hyderabad- The real estate market of Hyderabad is undoubtedly facing uncertainty at irregular intervals. With definite signs of improvement, the residential sector of Hyderabad is gaining stability. The last three months of 2012 saw a spurt in residential launches with overall improvement in the real estate sector. Some of the ongoing projects in Hyderabad are [...] Continue Reading »
Hyderabad- Although the Telangana unrest is prevailing but it will not affect the residential real estate market of Hyderabad. The last three months of 2012 saw a spurt in residential launches. According to Cushman & Wakefield’s Research Publication, Hyderabad residential market was highly affected by the land reservation clauses which led to many launches in [...] Continue Reading »
