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…

CommercialLatest Stories

Large Office Deals Make Up 59% of H1 2026 Leasing: Report

Representative AI image NEW DELHI: In H1 2026, large office transactions (1 lakh sq ft and above) amounted to 28.2 million sq ft across India’s eight major cities, as reported by Knight Frank India. These sizable deals constituted 59% of a total leasing volume of 48 million sq ft during the same period. Bengaluru led the way with 10.1 million sq ft in large office deals, representing 72% of the city’s total leasing activity. Hyderabad and NCR followed closely, each recording 4.9 million sq ft in large office leases, accounting for 65% and 68% of their respective total leasing volumes.…

Latest StoriesResidential

Telangana CM: Build Indiramma Houses Only in Residential Areas

Representative AI image HYDERABAD: Telangana Chief Minister A. Revanth Reddy issued directives on Friday to ensure that homes under the ‘Indiramma’ housing scheme are constructed within residential areas of the Hyderabad Core Urban Region (CURE). During a meeting with ministers and officials, Reddy emphasized that beneficiaries might face challenges in accessing job opportunities and commuting if houses are situated far from residential zones. He instructed officials to identify unused lands from various government departments for the construction of these houses, as noted in an official release. The government plans to construct 7,680 flats in the initial phase of the scheme.…

Latest StoriesRera

Telangana RERA Directs Aparna Constructions to Deliver Flat

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has mandated Aparna Constructions & Estates Pvt Ltd to transfer a flat in Aparna Sarovar Zicon to a new purchaser within 30 days. They noted that a registered sale deed maintains its validity presumption until overturned by a competent court. The ruling, issued on July 21, responded to a complaint from Shridevi Valluri, a Banjara Hills resident, relating to a resident of Block J in the Nallagandla project. The original buyers, Koshy Mathew and Shiney Mathew, reportedly sought financial help from Vijay Valluri. Following their failure to repay the loan, they…

CommercialLatest Stories

KFin Technologies Leases 2.42 Lakh Sq Ft in Kokapet, Hyderabad

Representative AI image KFin Technologies, a leading registrar and transfer agent (RTA) in India, has secured over 2.42 lakh sq ft of office space in Kokapet, Hyderabad, through a long-term lease totaling nearly Rs 283 crore. The company has finalized five lease agreements with Rajapushpa Realty LLP for this space at Rajapushpa West Avenue, commencing August 1 and spanning 15 years. The total chargeable area amounts to 2,42,742 sq ft across the sixth, 23rd, 24th, and 25th floors. The monthly rent is set at approximately Rs 1.09 crore, equating to a starting rate of Rs 45 per sq ft. These…

Latest StoriesResidential

Telangana’s Indiramma Housing Scheme for Hyderabad’s Poor

Representative AI image HYDERABAD: The Telangana government has officially inaugurated the Indiramma housing scheme aimed at supporting the underprivileged in the Hyderabad Core Urban Region. The scheme was launched by State Housing Minister Ponguleti Srinivasa Reddy, along with cabinet colleagues D Sridhar Babu, Ponnam Prabhakar, and Mohammad Azharuddin. In the first phase, the government will allocate 500 houses each in 16 of the 24 Assembly constituencies within the CURE. The implementation in the remaining eight areas will follow shortly, Reddy noted. Overall, the government aims to construct one lakh homes in Hyderabad CURE. Previously, four lakh houses were approved in…

Latest StoriesResidential

Telangana to launch 1 lakh Indiramma houses for the poor on July 20

HYDERABAD: Revenue and Housing Minister Ponguleti Srinivas Reddy announced on Sunday that the Indiramma housing scheme for low-income groups (LIG) in the core urban region economy (CURE) area will be launched at the secretariat on Monday. The Congress government plans to build one lakh LIG flats in multi-storey buildings, each up to 10 floors. Ministers responsible for Hyderabad and Rangareddy districts, including Ponnam Prabhakar and D Sridhar Babu, along with Minorities Welfare Minister Mohammed Azharuddin, will unveil the application process, eligibility criteria, and the scheme brochure at the secretariat on Monday. The government has identified prime land parcels within the…

IndustryLatest Stories

HMDA Aims to De-Notify Kokapet IT SEZ for Land Unlocking

Representative AI image HYDERABAD: Almost two decades after designating 117 acres in Kokapet for a prominent information technology special economic zone (IT SEZ), the Hyderabad Metropolitan Development Authority (HMDA) has decided to terminate the project and prepare the valuable land for auction, potentially yielding around Rs 12,000 crore. HMDA has requested the Centre to de-notify the IT SEZ, allowing the state government to reallocate the land for generating revenue. Officials revealed that approximately 90 to 95 acres of the original designation are currently available and could be auctioned following the necessary approvals. The planned SEZ was first proposed by the…

Latest StoriesRegulatory

Telangana Probes Dharani, Bhu Bharati Land Deals

HYDERABAD: On Friday, the state cabinet announced the establishment of a Special Enquiry Team (SET) to investigate alleged irregularities concerning land transactions and record manipulation related to the Dharani portal and its successor, the Bhu Bharati portal. The investigation will focus on nearly six years of transactions, examining claims related to land registrations, record alterations, transfers of government land, and prohibited land listings. As stated by revenue and housing minister Ponguleti Srinivas Reddy, following a cabinet meeting chaired by Chief Minister A Revanth Reddy, the probe will review all transactions deemed suspicious from the launch of the Dharani portal in…

IndustryLatest Stories

Bharat Future City: 90 Real Estate Proposals Amid Approval Delays

Representative AI image HYDERABAD: Almost a year after the state government announced the ambitious Bharat Future City project, real estate developers seem to be proceeding with caution. Most investment is limited to select areas along the Srisailam and Nagarjuna Sagar highways, while others wait for clearer direction on the city’s development plans. Since the announcement of Bharat Future City, the Future City Development Authority (FCDA) has received approximately 80 applications for open plots and 10 proposals for housing projects, including gated communities. However, only 18 layouts have been approved so far, with several remaining pending due to various issues, including…