Shamshabad
At least for the next two years from April 1, flying out of the swanky Rajiv Gandhi International Airport (RGIA) at Shamshabad is all set to be lighter on the pockets. All credits to the Airports Economic Regulatory Authority’s (AERA) decision to scrap the heavy user development fee (UDF) that airport operator GMR Hyderabad International [...] Continue Reading »
Begumpet, located at the centre of Hyderabad, has witnessed a rise in commercial activity. Commercial development was triggered by shifting of the Begumpet airport to Shamshabad. Earlier Airport Authority of India had imposed restrictions on the number of floors that could be constructed for a commercial building and only two floors were allowed. However, these [...] Continue Reading »
Hyderabad’s retail market is gradually expanding to suburbs and peripheral areas as demand for retail space grows in the suburbs. The retail activity is no longer confined to high streets. As the malls are almost fully occupied, leasing activity is slow in malls in CBD areas but vacancy rates and rents remained stable in existing [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) will be opening the Outer Ring Road (ORR) stretch between Patancheru and Shamirpet to traffic in July. The road works will be completed by end of June and it will be open to public in July if chief minister Kiran Kumar Reddy grants permission, said sources. The HMDA has already completed about 87 [...] Continue Reading »
The real estate company in Hyderabad well known as “My Home Constructions” is planning to launch a residential complex at Hitec City. The project has been estimated to cost Rs 500 crore offering around 450-apartments. Speaking to media the chairman and managing director, My Home Group say that they are happy to launch their project [...] Continue Reading »
One of the major sectors for investments is the either land or plot investments. Hyderabad being one of the major metro cities is a place for such an investment. There are many places in Hyderabad which catch a property buyer’s attention. People looking for plots here have varied options to choose from. The new and [...] Continue Reading »
About 150 people visited the headquarters when the master plan was displayed on the first day on July 22. On Monday, the visitors’ number increased to 250. The metropolitan authority had invited objections and suggestions from citizens on the draft master plan for Hyderabad Metropolitan Region a couple of days ago. The draft master plan [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) has prepared toll tax proposals and sent it to the state government for approval. The proposed toll, which will be based on distance travelled and vehicle, will be between Rs 20 and Rs 150 and it will be collected only at exit points or at interchange points.Though the 158-kilometer [...] Continue Reading »
