Hyderabad
According to Chief Executive and Managing Director of L&T Metro Rail (Hyderabad) Ltd Vivek Bhaskar Gadgil, work on the Hyderabad Metro is going on at a fast speed and, if it completes 71.16 km in three lines in five years as planned, it will be a world record. On Monday, while delivering a lecture on [...] Continue Reading »
Realtors in the city are a happy lot, due to political ambiguity in the state ending with the Centre’s move to bifurcate the state. Hyderabad will once again emerge as an investment destination which will lead to an uptick in real estate prices, according to realtors believes. At the ongoing Property Show-2014 organised by the [...] Continue Reading »
Visakhapatnam is well suited to be the capital city for the residual Andhra Pradesh, presented with a natural harbour, long seafront and cosmopolitan flair, said C Shekar Reddy, national president of the Confederation of Real Estate Developers’ Associations of India (Credai). He informed mediapersons, “Going by the global experience, cities facing waterfront have flourished economically [...] Continue Reading »
According to a report by IIM Bangalore (IIM-B) , the housing sentiment index (HSI) of Hyderabad has increased 22 per cent to 101 in the third quarter of the current financial year, in spite of imminent bifurcation of Andhra Pradesh. This is a sentiment index of the Indian real estate market that focus to capture [...] Continue Reading »
Ramky Infrastructure, the Hyderabad-based infrastructure company is in negotiations with private equity fund Morgan Stanley Infrastructure Partners and the Ajay Piramal group to sell three of its road assets to raise funds and cut debts. The company has plans to raise Rs 900 crore from the sale of assets. These assets that company wants to [...] Continue Reading »
Hyderabad and the surrounding areas have seen a dip in the property registrations after the Centre gave enough hints that the creation of Telangana state. The numbers as disclosed by the official sources dipped by a staggering 20 percent compared to last year and revenue also dipped in the entire state. It is being claimed by the [...] 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 one of the first real estate sentiment indices, Industry body FICCI and residential and commercial property consultancy, Knight Frank India have concluded an overall negative sentiment for realty across all zones including the National Capital Region (NCR) and Mumbai Metropolitan Region (MMR). The index further cited that the mood have got worse than what it was in the last [...] Continue Reading »
To go by the words of Confederation of Real Estate Developers Association of India (Credai), Hyderabad would continue to attract good interest in real estate activity and is very much capable of withstanding and thwarting any competition from Tier II locations in the event of state’s bifurcation. The general secretary of Credai, Mr. Ram Reddy, in his interaction with the [...] Continue Reading »
The Hyderabad chapter of Confederation of Real Estate Developers Association of India (CREDAI) has announced to organize a three day property show ‘Hyderabad Property Show-2014’ from February 28 at Jalavihar, Necklace Road. CREDAI Hyderabad president N Jaiveer Reddy and general secretary S Ram Reddy while interacting with the mediapersons here said that over 100 developers [...] Continue Reading »
