CommercialLatest Stories

Telangana Eases Rules for High-Rise Projects in Jubilee Hills

Sure! Here’s a rewritten version of the content: — Representative AI image HYDERABAD: The state government has approved a special relaxation for the construction of a commercial high-rise building on three adjacent plots in Jubilee Hills. This approval allows for increased height and other concessions under specific conditions. A Government Order (GO) issued by the metropolitan area and urban development department on Monday confirmed the request from CG Murali Mohan and others for the development of the commercial property on Road No. 10. The decision came after a thorough review of the applicants’ submission, a factual report from the Greater…

InfrastructureLatest Stories

Telangana Acts Against Illegal Construction and Dumping

HYDERABAD: In a bid to tackle the growing issue of illegal dumping of construction and demolition (C&D) waste amid swift urban expansion, the state government has tightened regulations on construction activities across three municipal corporations in the central urban area. As per the latest government order (GO), the state will restrict the issuance of No Objection Certificates (NOCs) and approvals for construction projects unless developers adhere to strict C&D waste management guidelines. Under the new regulations, any approval for buildings, layouts, or demolition activities will require a mandatory undertaking against illegal dumping, proof of partnership with authorized C&D waste recyclers,…

Latest StoriesRegulatory

CAG: Madhapur IT Firms Misappropriated ₹100 Crore in Property Tax

HYDERABAD: The Industrial Area Local Authority (IALA) in Madhapur has reportedly caused a loss of over ₹100 crore to the government by under-assessing property taxes, according to the Comptroller and Auditor General (CAG). The Greater Hyderabad Municipal Corporation (GHMC) mandates that IALA levy property tax according to specific classifications and monthly rental values (MRV). In Madhapur, the MRV for industrial properties was set at ₹4 per square foot for ground and first floors, and ₹3.50 per square foot for upper floors. Meanwhile, office buildings had an MRV of ₹6 per square foot for the ground and first floors, with ₹5.50…