Hyderabad
As Hyderabad reels under severe power crisis, the city civic bodies have decided to adopt power-saving measures. The Greater Hyderabad Municipal Corporation (GHMC) has decided to reduce the illumination of advertising hoardings and streetlights. With these cutbacks, the civic body is hoping to save 5 million units per month. Of the total 3,300 advertising hoardings [...] Continue Reading »
Pocharam in East Hyderabad is a fast developing neighbourhood locality. The area has seen an increased interest from prospective buyers. As demand has been on the rise due to IT developments in the vicinity, more number of investors are looking to invest in residential property in the area. Located on Warangal Highway, the locality is set [...] 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 »
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 »
Safilguda is a locality which had once been known as an isolated area at the outskirt of Hyderabad. However, today it has become a rapidly developing residential suburb. More number of flats has also come up in and around Sailguda of late. Amenities of a suburban town like medical, educational, shopping, offices, public transportation are [...] 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 »
Greater Hyderabad Municipal Corporation (GHMC) is set to bring relief to the owners of properties by sparing them the ordeal of running around the municipal offices for assessment of property tax. The civic body is coming out with a new software on its website, which will enable property owners to calculate their property tax at [...] Continue Reading »
West Hyderabadhas become one of the fastest growing areas in the city in terms of IT development, which in turn have led to rise in capital values and infrastructure growth. Proximity to Hi-Tech City is continuously pushing capital values up in West Hyderabad, as the demand for working professionals in the IT park grows gradually. [...] Continue Reading »
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 »
