Real estate in Hyderabad
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 »
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 »
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 »
It is reported that the three cities of Hyderabad, Bangalore and Chennai together account for nearly 45 per cent of office space in India. It is found that the real estate development in southern part of India has set new milestones as commercial advantage of Bangalore, infrastructural progress of Hyderabad, industrial and residential highlights of [...] Continue Reading »
Construction of mega integrated township at Tellapur near Ramachandrapuram was proposed five years before. The Hyderabad Municipal Development Authority has agreed for the revised project proposal and sent it to the Municipal Administration and Urban Development (MA&UD) department for approval. In the revised proposal the township project will come up in 100 acres not in [...] Continue Reading »
The Legislative Assembly of Andhra Pradesh had passed the Act for regulating promotion of construction and sale of apartments in multi-storied buildings in Hyderabad and other areas of the state on ownership basis. This regulation will provide transferability and heritability by the individual purchaser of not only the apartment concerned but also the fractional interest [...] Continue Reading »
L&T Metro Rail Limited has announced the commencement of construction schedule for piers (pillars) on the Line one from Miyapur to L.B.Nagar route. The entire Hyderabad Metro Rail project of 71.16 km has been divided into a six stage construction schedule and piers work has begun on the 13 km long stretch between Miyapur-S.R.Nagar with [...] Continue Reading »
The Andhra Pradesh Government has given the revenue department a target of revenue collection of Rs 5,300 crore. This is 25 percent more than the total revenue collected in Hyderabad last year. The government had increased the market values of properties in Hyderabad in 2010, is keen on repeating the same this year as it [...] Continue Reading »
The demand for commercial property in Hyderabad is increasing as the IT industry of the region is expanding. The major commercial areas of the city are already saturated and there is hardly any space available. Due to lack of opportunity in the main city area, the demand for commercial properties has shifted to suburban locations [...] Continue Reading »
The bail appeal for the accused persons in the APIIC-Emaar township project case was denied by the special CBI Court. According to CBI, the promoters of the Stylish Holmes Real Estate Private Ltd had allegedly collected money to the tune of several crore towards plots developed by Emaar MGF in the controversial township project from [...] Continue Reading »
