Real estate in Hyderabad
An eco-conscious real state builder, Aliens Group of Hyderabad, has undertaken several green initiative on the 40th World Environment Day. In the Go Green concept taken by the builder group, one lakh saplings will be planted in the vicinity of Hyderabad. Employee awareness programs will being conducted to emphasize on the importance of recycling and [...] Continue Reading »
Hyderabad Metro Rail authorities will acquire 188 properties in Hyderabad which are falling in the line of alignment of the elevated metro rail across the three corridors where the project is being built. As the metro project needs 100 ft wide roads, it was decided to increase road width to 150 ft to facilitate traffic [...] Continue Reading »
Digging of commercial bore wells in residential areas is increasing rapidly to provide sufficient water supply to the residents of apartments in Hyderabad. As a result, the domestic bore wells in surrounding houses and apartments are going dry, causing utter inconvenience to citizens. As per the Water Air Land and Trees (WALTA) Act, commercialization of [...] Continue Reading »
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 »
The greater Hyderabad Municipal Corporation will grant discount on installation of green housing infrastructure in apartments. Installation of a solar water heater system or a rainwater harvesting system will provide a house owner for 10 percent discount on property tax. Hotels like Taj Banjara and The Park are availing 20 percent discount on their property [...] Continue Reading »
Emaar-MGF builder will not resume the construction work of the Boulder Hill project. The project is still under the legal procedure with Andhra Pradesh Industrial Infrastructure Corporation ( APIIC). The builder announced it against a case filed by customers of the Gachibowli project under Boulder Hill. In reply the Emaar-MGF group officials says that there [...] Continue Reading »
