Hyderabad
Hyderabad- To end the dispute and joint venture with its partner, AIG Global Real Estate has decided to sell developer RMZ Corporation’s stake in a proposed Hyderabad project. They have also decided to part their ways in their other projects as well. AIG Global Real Estate is a New York-based private equity fund company while RMZ is a [...] Continue Reading »
Hyderabad- Hyderabad Metropolitan Development Authority (HMDA) will now not have to refund Rs 500 crore to the successful bidders of land in its Golden Mile project at Kokapet. This has come as a relief to HMDA as the order regarding the same was directed by the division bench of Andhra Pradesh High court on Dec 27. Earlier in April [...] Continue Reading »
Hyderabad- The work of Godavari drinking water project is progressing but its a big challenge to complete it on scheduled date of December 2013. Godavari drinking water project will draw 172 mgd (10 tmc) of water from the Yellampally barrage and augment drinking water supply. There were many questions raised on the feasibility of this water project. It [...] Continue Reading »
Hyderabad- The rental value in Hyderabad varies from area to area from last three months. Taking example of areas where rental value has increased like Kukatpally and Kondapur. On the other hand areas like KPHB Colony, Srinagar Colony and Hitech City have witnessed a negative growth. From July to September 2012, there was 11 percent, nine percent [...] Continue Reading »
Hyderabad- Saket Group has declared about their new residential project ” Bhu Sattva“ situated at Gowdavelli village, near Kompally in northen Hyderabad. Saket Group is a Hyderabad based company which first conceptualized and launched a 25 storey high rise residential apartment complex in Andhra Pradesh. Strategically this new residential project in Hyderabad is located less than 500 meters away [...] Continue Reading »
Hyderabad- The Greater Hyderabad Municipal Corporation (GHMC) is under high pressure over the augmention of its citizen service delivery mechanism and to make its officials and engineers more responsible in 2013. This pressure came into light when people faced a disastrous year from cleanliness point of view. The Residents welfare associations, civil society organizations and urban [...] Continue Reading »
Hyderabad- The Hyderabad real estate market will also include suburbs like Gachibowli. It is one of the fast growing suburb which will house many IT companies, international banking, research organizations and educational institutions. The areas nearby Gachibowli like Narsingi, Kollur, Lingampally and Mokila are also gaining importance regarding Hyderabad real estate development. The factors which lead to [...] Continue Reading »
Hyderabad- As real estate sector is growing in Hyderabad, more developers are interested to invest in land for development. Land owners taking advantage of the situation are not allowing the developers to bargain thus the price of lands are soaring high. Following chart shows the increase in land price in few areas. [...] Continue Reading »
Hyderabad: Andhra Pradesh State Minorities Finance Corporation Ltd (APSMFC) will ask the Criminal Investigation Department (CID) for the list of properties that were purchased by the accused in the scholarship scam case. Corporation arrived to a conclusion from the board meeting that the properties in Hyderabad bought by the scamsters should be averted from selling and transferring as [...] Continue Reading »
Bangalore- A renowned developer of Bangalore, Puravankara Group, is all set to launch a residential township in off Mysore Road, near the Bangalore-Mysore Infrastructure Corridor ring road junction. The township project, ‘Provident Sunworth’, spreading across 60 acres of land, has been planned to include a built up area of 6 million square feet. It will [...] Continue Reading »
