Hyderabad
The US government has hired property consultancy Knight Frank to carry out a valuation and review of all its real estate properties in India. The properties, valued at thousands of crores, were acquired over the years at low rates and the recent move may indicate possible sale of some assets in the future. The properties [...] Continue Reading »
Following an unprecedented appreciation in real estate prices, investors seem to be flocking in to Vijayawada recently. The sharp rise in prices of Vijayawada has much to do with the Telengana agitation and the resultant political uncertainty prevailing in Hyderabad. While real estate prices in Hyderabad have recorded a modest increase of 5-10 per cent during [...] Continue Reading »
Miyapur located on National Highway 9 near the Pune-Hyderabad-Machilipatnam highway is witnessing high demand and appreciation in the residential segment. Both demand and supply in the residential sector in the area have increased in recent times. Strategic location and affordable values in Miyapur are the key factors which have pushed the real estate boom. Hyderabad [...] Continue Reading »
Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB) faced criticism from Greater Hyderabad Municipal Corporation (GHMC) recently for their failure for not upgrading sewerage network in the Greater Hyderabad limits. Not even five percent of the new sewage pipelines were laid in the last ten years. Due to lack of sewerage network, nearly 75 percent [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) has collected Rs 125 crore through the auction of 42 plots in the city. The HMDA got Rs 84.74 crore for over four acres of land in Nandagiri Hills, the most prized possession of the authority. NetNet Ventures Pvt Ltd,bought the plot for Rs 18.5 crore per acre against [...] Continue Reading »
West Hyderabad has become one of the fastest growing areas in the city in terms of IT development, increase in capital values and infrastructure growth. The areas like Madhapur, Kukatpally, Miyapur, Banchupally have generated robust demand due to the presence of IT professionals, good connectivity and IT parks nearby. Apart from these areas, Banjara Hills, [...] Continue Reading »
Sources reveal that even after a year is passed of the report on flyovers and bridges were submitted to the Greater Hyderabad Municipal Corporation (GHMC), the civic body has not yet taken up any initiative to address the repairs needed. The condition of nearly 40 flyovers, rail over bridges (ROBs) and other bridges and suggested [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) has been emphasizing on the cleaning up of Hussainsagar Lake. Having taken up the initiative to clean up the polluted Hussainsagar Lake, the 400-year-old water body in the heart of the city, the HMDA has been working at diverting the sewage inflows. The lake faces pollution threats from industrial [...] Continue Reading »
Gulf Oil Corporation Ltd has entered into a joint development pact with Hinduja Estates for development of the 76 acre company land in Hyderabad. As per sources, the project is to be completed in five-six years and will be located at the company’s campus close to the busy residential-cum-business hub in Kukatpally. As per agreement, [...] Continue Reading »
The leading UK-based industrialist The Hinduja Group has announced its entry into the real estate industry of India. The group with a global presence in core sectors like oil and gas, automotive, power, IT, banking and finance announced an investment of up to $ 15 billion in Indian realty. The group has already acquired a [...] Continue Reading »
