Tag: Hyderabad

Latest StoriesResidential

Commercialization Pushes Residents Out of Jubilee Hills, Hyderabad

HYDERABAD: In recent years, numerous voters from the affluent yet sparsely populated area of Jubilee Hills have changed their registration to other assembly segments such as Khairatabad and Sherlingapally. The rapid commercialization of the vicinity between 2000 and 2014 led many residents to sell their homes and land, originally purchased at very low prices—sometimes as little as Rs 200 per acre—and relocate to quieter neighborhoods. Interestingly, a large portion of the affluent enclave is actually part of the Khairatabad constituency rather than Jubilee Hills. Once a beacon of aspiration, Jubilee Hills has long been recognized as one of Asia’s most…

Latest StoriesRegulatory

Telangana HC Warns Lawyers & Builders on Illegal Constructions

HYDERABAD: The Telangana High Court has raised concerns regarding the increasing trend of illegal construction and unauthorized collections, urging advocates to rethink their involvement in such cases, as this could undermine the state’s future. Justice B Vijaysen Reddy pointed out the potential long-lasting effects, warning that coming generations might hold the current officials responsible for these issues. He advised municipal authorities and lawyers representing builders involved in illegal activities to stay alert. The caution was issued during the hearing of a petition by farmer B Sanjeev Kumar, who claimed that government authorities had failed to act against illegal construction carried…

IndustryLatest Stories

Telangana Eyes More Land Auctions After ₹3,135-Crore Raidurg

Representative image Following a record-breaking Rs 3135 crore from its recent land sale in Raidurg, the Telangana government is quickly moving to auction another prime parcel. This new auction, located in Hyderabad’s Knowledge City Layout, reflects the state’s ongoing efforts to monetize valuable urban land amid escalating investor interest in the city’s western corridor. The upcoming auction, set to raise Rs 200 crore, will feature approximately 4,718 square yards of multi-use land in Survey No. 83/1 at Raidurg Panmaktha in Serilingampally mandal, Ranga Reddy district. With an upset reserve price of ₹3.10 lakh per square yard, the e-auction is scheduled…

Latest StoriesRegulatory

Secunderabad Cantonment Board Raises Property Tax Over 100%

HYDERABAD: Property owners in the Secunderabad Cantonment Board (SCB) are facing more than a double increase in their property tax due to a recent revision that has raised the rates by over 100%. Typically, property tax adjustments are made by cantonment boards every three years. While some increase is common, residents are concerned that this latest adjustment is unprecedented. Previous hikes have rarely exceeded 30%, exacerbated by fears of losing their properties and tenants due to the anticipated road widening and elevated corridor project. “Notices about the tax increase started arriving three to four months ago, especially for properties along…

Latest StoriesResidential

Telangana deposits ₹2,223 crore to Indiramma scheme beneficiaries

HYDERABAD: VP Gautam, managing director of the Telangana Housing Corporation, announced that the state government has deposited ₹2,223 crore this year into the bank accounts of beneficiaries under the Indiramma housing scheme. “Funds are transferred directly to each beneficiary’s account every Monday, based on construction progress for each house. This week alone, ₹252 crore was credited to 22,305 accounts, marking the largest weekly disbursement since the scheme’s launch,” Gautam stated. With this latest transfer, total funds allocated under the Indiramma Indlu scheme have reached ₹2,233 crore. Gautam noted that construction is advancing well, with approximately 2.18 lakh houses at various…

IndustryLatest Stories

Telangana’s property loss in fires exceeds ₹800 crore this year

HYDERABAD: From January to September this year, Telangana has experienced an alarming increase in fire incidents, resulting in a staggering property loss of ₹819.37 crore—the highest recorded in the state’s history over the past 11 years. In comparison, 2018 reported a previous peak of ₹260.16 crore in damages from 9,120 fire incidents, as per data from the state fire department. To date, the state has logged 7,276 fire accidents, claiming 142 lives. The only other year with a greater fatality rate was in 2015, with 159 deaths resulting from fires. “The uptick in incidents in major industrial areas like Pashamailaryam…

Latest StoriesRegulatory

EOW Books SSLS Real Estate for Cheating Investors of ₹19 Crore

HYDERABAD: The Economic Offences Wing (EOW) of Cyberabad police has initiated legal proceedings against the promoters of SSLS Real Estate & Constructions for allegedly embezzling approximately ₹19.4 crore from local investors. A complaint filed by Miyapur businessman Badari Nadh Gelli states that the scheme began in July 2023 when a mutual acquaintance, Mohan Muralidhar, organized a meeting at Lodha Meridian, Kukatpally. During this meeting, K. Upendra and his father, Atchuta Rao, purportedly presented themselves as reputable developers with extensive projects in Telangana and Andhra Pradesh, soliciting investments for a rapidly expanding property portfolio. Enticed by their promises of quick repayment…

Latest StoriesRegulatory

Telangana HC Backs Tenants’ Rights to 200-Acre Gachibowli Land

HYDERABAD: The Telangana High Court has resolved a decade-long dispute over nearly 200 acres of prime land in Gachibowli by upholding the revenue divisional officer’s (RDO) order that recognized the ownership rights of protected tenants, overriding the sub-collector’s contradictory findings. This case involved agricultural land valued at approximately ₹15,000 crore, spanning several survey numbers in Gachibowli. The dispute arose between the descendants of protected tenants and subsequent purchasers, including members of the Diamond Hills Welfare Association. The petitioners, heirs of the protected tenants, contested the sub-collector’s 2016 order that reversed the RDO’s 2013 decision. The RDO had previously determined that…

InfrastructureLatest Stories

Telangana Invests ₹25,000 Crore in Hyderabad Infrastructure

Sure, here’s a rewritten version of your content: HYDERABAD: Telangana ministers emphasized the state’s focus on developing infrastructure, housing, and tourism, describing real estate as the foundation of the economy. At the 15th NAREDCO Telangana property show held at HITEX, Deputy Chief Minister Mallu Bhatti Vikramarka announced a massive investment of ₹25,631 crore in sewerage and water supply systems in Hyderabad. The government has approved 39 new sewage treatment plants (STPs), with ₹11,927 crore allocated for sewerage and water infrastructure, alongside an additional ₹13,704 crore worth of proposals currently under review. The Deputy CM pointed out the thriving real estate…

Latest StoriesRegulatory

Telangana HC Questions Government on Illegal High-Rises

HYDERABAD: On Oct 8, the Telangana High Court raised concerns with state government departments, including HYDRAA, regarding delays in addressing complaints from Kamareddy MLA Katipally Venkata Ramana Reddy about illegal high-rise constructions intruding on lakes and public spaces in Hyderabad. Justice B Vijaysen Reddy questioned the representatives of various government departments, saying, “The complainant is an MLA. What have you been doing since December 2024?” while reviewing the MLA’s petition. The MLA sought the court’s direction for authorities to take action against alleged irregularities by construction firms. The judge also inquired why the MLA had not raised this issue in…