Tag: CREDAI Hyderabad

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Hyderabad Homebuyers in Limbo as 60,000 Flats Miss Deadline

Representative Image HYDERABAD: A significant number of homebuyers in Hyderabad face further delays in receiving their long-awaited homes, with deliveries pushed back by at least one more year due to disruptions in supply chains and logistics resulting from ongoing conflicts in the Middle East. According to Anarock Group, around 63,000 housing units planned for handover this year have been delayed, representing nearly 10% of the nation’s backlog in housing deliveries. Many buyers, who invested in their apartments four to five years ago, had expected to move in by late 2025 or early 2026. However, developers are now citing delays due…

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Telangana Revises Building Rules, Boosts TDR Utilization

HYDERABAD: The Telangana government has revised the Building Rules of 2012, enhancing the usage of transferable development rights (TDR) and relaxing current building parameters. These changes are expected to spur real estate activity in Hyderabad and surrounding urban areas, offering builders increased flexibility in their projects. The recent order from the Municipal Administration and Urban Development (MA&UD) department, issued in GO 95 on Saturday, clarifies the definition of high-rise buildings as those reaching 21 meters or more, excluding components like chimneys and water tanks. This adjustment comes following numerous requests to optimize TDR usage and introduce more flexible construction standards.…