Tag: Hyderabad

Latest StoriesRegulatory

Telangana to Forensically Audit Land Deals in All Districts

HYDERABAD: The government has announced plans to carry out forensic audits throughout all districts to identify irregularities associated with the Dharani portal, following multiple violations uncovered in preliminary audits in Siddipet and Sircilla. Revenue Minister Ponguleti Srinivas Reddy stated on Saturday that those found exploiting the Dharani portal to illegally obtain government land and misappropriate registration revenues would face stringent action. He made these remarks during a high-level committee meeting at the Secretariat. “The state government has decided to conduct forensic audits across all districts to uncover irregularities linked to the Dharani portal. Several violations have already been identified in…

Latest StoriesResidential

Hyderabad Property Registrations Up 14% in December 2025

NEW DELHI: By the end of December 2025, Hyderabad witnessed a notable increase in registration activity within its residential property market, with a 14% year-on-year rise in home registrations. Despite seeing a slight decrease in full-year volumes, the numbers reflect a positive trend, as reported by Knight Frank India. In December 2025, Hyderabad registered a total of 6,600 residential properties valued at ₹4,399 crore, marking the third-highest month of the year for registrations. For the entirety of 2025, the city recorded 75,222 home registrations, a 2% decline compared to the previous year, but the total value of registered properties surged…

IndustryLatest Stories

Telangana to Issue TDRs for Land Near Water Bodies

Representative Image HYDERABAD: In a bid to promote the utilization of transferable development rights (TDR) in the state and generate market interest, the municipal administration department has stipulated that 10% of the built-up area in high-rise buildings exceeding 10 floors should be allocated through TDRs. This initiative aims to benefit landowners holding TDRs. Currently, the GHMC and other agencies offer TDRs instead of cash compensation for land acquired for various projects and road expansions. However, there is minimal demand for TDRs, forcing owners to sell them at significantly reduced prices. Developers can utilize TDR for additional built-up space. The state…

Latest StoriesRegulatory

Telangana HC Dismisses Union Bank’s Property Auction Appeal

HYDERABAD: The Telangana High Court has dismissed an appeal from Union Bank of India regarding the cancellation of an auction for a property owned by a city-based company undergoing liquidation. The court found that the bank had not adhered to proper legal procedures. A division bench, featuring Justices K. Lakshman and V. Ramakrishna Reddy, stated that while banks can recover funds through auctions, they must do so transparently and involve the official liquidator to ensure the property achieves the best possible sale price. The ruling came during the bank’s appeal against a March 2025 decision, in which a single judge…

Latest StoriesRegulatory

Hyderabad: ED Files Supplementary Complaint in Sahiti Case

HYDERABAD: The Hyderabad unit of the Enforcement Directorate (ED) has submitted a supplementary prosecution complaint under the Prevention of Money Laundering Act (PMLA) against key figures involved in the Sahiti Infratec Ventures India Pvt Ltd (SIVIPL) fraud case. This complaint has been presented to the MSJ Court in Nampally, which acknowledged it on Monday. According to the ED, the complaint targets B Lakshminarayana, a former director, and S Purnachandra Rao, the marketing head of SIVIPL. Following an FIR filed by the Telangana police, the ED initiated a money-laundering investigation. The FIR claimed that SIVIPL and its promoters promoted a ‘pre-launch…

Latest StoriesRegulatory

Hyderabad Police Files Chargesheet in 19 Sahiti Infratech Cases

HYDERABAD: Central Crime Station (CCS) investigators have filed a chargesheet against 13 individuals in connection with 19 cases registered against Sahiti Infratech Ventures India Pvt Ltd in 2022. The CCS’s investigation covers a total of 57 cases against the company and its directors, with additional chargesheets expected after further investigation. On Monday, a team led by ACP KM Kiran Kumar, under DCP N Swetha’s supervision, submitted a 155-page chargesheet citing 294 witnesses to the metropolitan sessions judge in Nampally. This chargesheet includes the primary case registered at CCS on August 1, 2022, alongside 18 other re-registered cases linked to the…

Latest StoriesRegulatory

Telangana Registrations Drop 50,000, Revenue Rises ₹500 Crore

HYDERABAD: Despite the state’s government initiatives to boost the struggling real estate sector, including freezing market value revisions and fostering a more favorable developer sentiment, the industry still faces significant challenges. Registrations have sharply declined, dropping by approximately 50,000 documents in the 2025-26 financial year compared to the previous year (up until December). Although there has been a slight rise in total revenue, it remains well below the target of Rs 19,100 crore. For the fiscal year 2024-25, the registration and stamps (R&S) department generated Rs 14,230 crore in revenue. According to sources from the R&S department, their revenue target…

Latest StoriesResidential

Hyderabad Home Registrations Surge 25% in November 2025

NEW DELHI: In November 2025, residential property registrations in Hyderabad soared 25% year-on-year and 12% month-on-month, reaching the highest monthly volume recorded in the year, according to Knight Frank India. A total of 6,923 residential units were registered during this month, resulting in a combined transaction value of ₹4,904 crore. This represents a 40% year-on-year increase in value, indicating growing ticket sizes and consistent demand for premium housing. The spike in registrations was primarily driven by interest in the premium housing segment. Properties priced above ₹1 crore saw an 87% year-on-year increase in registrations, comprising 21% of total registrations, up…

Latest StoriesRegulatory

I-T Department Seizes 282 Acres in ₹2,000 Crore Land Case

HYDERABAD: The Income Tax Department’s Benami Prohibition Unit (BPU) in Hyderabad has issued 17 provisional attachment orders related to a 282-acre land parcel in Koheda and Omer Khan Daira villages, near Abdullapurmet, valuing the properties at ₹2,002 crore. These land transactions were preliminarily identified as benami, with Incor Realty Projects acting as the benamidar and former Sanghi Industries Ltd promoter, Ravi Sanghi, along with his family, named as the beneficial owners. According to the orders, the land originally belonged to the now-defunct Sanghi Industries Ltd (SIL) and was sold through a structured arrangement involving Incor Realty and Venkateshwara Realty. The…

Latest StoriesRegulatory

ED Arrests MD of Jayathri Infrastructures in Fraud Case

HYDERABAD: The Enforcement Directorate (ED) has apprehended Kakarla Srinivas, Managing Director of Jayathri Infrastructures India Pvt Ltd in Hyderabad. He is a key suspect in a multi-crore real estate pre-launch scam that reportedly defrauded numerous homebuyers. Srinivas, who had been evading arrest for several months, was captured by the ED’s Hyderabad unit in Chennai on Thursday evening. He was presented before the special PMLA court in Rangareddy on Friday and was remanded in judicial custody until December 31. The case revolves around alleged money laundering associated with extensive cheating of homebuyers and investors. The ED initiated an investigation under the…