Properties in Hyderabad
Vasathi housing is going to construct their second housing project under the affordable housing scheme. The residential project in Hyderabad will be developed at Chintal, which comes close to Balanagar and Kukatpally in the city. Navya, the affordable housing complex will have 190 apartments along with supermarket, polyclinic and pharmacy. The main aim of the [...] Continue Reading »
The Supreme Court has canceled the stay orders on the construction work at the township project in Hyderabad, issued by Andhra Pradesh High Court to the infrastructure firm Lanco Infratech. With this decision, the Lanco Hills will now be constructing the township at Manikonda in the Hyderabad outskirts. The dispute was raised by the Wakf Board [...] Continue Reading »
GHMC has planned to revise the property tax rates for the property in Hyderabad. The owners of the real estate property in Hyderabad are expecting the general revision of property tax , which will be implemented in the next financial Year. According to sources, the GHMC has set a target to collect Rs 1000 crore [...] Continue Reading »
The construction of Hyderabad metro resulted into chaotic traffic situation in the city. The residents of Hyderabad are suffering from regular traffic jams and the pollution level of the environment increases. As the construction of metro rail pillars are happening in the middle of the roads, the flow of traffic has been hampered badly. The [...] Continue Reading »
Shortage of sand supply in Hyderabad and the city suburbs affected the construction activity in the state. Some of the projects in Hyderabad have exhausted their sand stocks and in the absence of replenishments are forced to stop further work. Several projects are in advanced stages of completion and scheduled for handover in the coming [...] Continue Reading »
There is an exemption given to small builders in concern with claiming Occupancy certificates! The Occupancy certificates from now onwards will not be mandatory for the buildings which will be constructed on site measuring 100 square meters with height up to seven meters. This is applicable for properties in Hyderabad! The Municipal Administration and Urban [...] Continue Reading »
The high interest rates and high rates of properties in Hyderabad has dampened the realty sales! The property buyers in Hyderabad is no different when compared to other cities in stepping back to buy property at this peak time. The residential real estate market in Hyderabad is expecting a rapid growth within next two quarters. [...] Continue Reading »
The land and villa owners of Emaar Boulder Hill township will be able to register their plot. Adding to the direction, the High court also asked the plot owners to pay addition Rs 15000 to Andhra Pradesh Industrial Investment Corporation (APIIC) before going in for registration. As the CBI investigation is in process, the court [...] Continue Reading »
Greater Hyderabad Municipal Corporation (GHMC) has decided to amend the current property tax by May. The mistakes and issues in the rates will be corrected in presence of the corporators during the review. The property tax has to be revised in every five years and so it will be amended in May. Now, the civic [...] Continue Reading »
