IndustryLatest Stories

Hyderabad: Interest Grows in Neopolis Kokapet Phase-III Auction

Representative AI image HYDERABAD: Over 85 developers and real estate firms are interested in the upcoming four-day e-auction for Neopolis, Kokapet Phase-3, scheduled for the third week of November. The Hyderabad Metropolitan Development Authority (HMDA) held pre-bid discussions with potential bidders and companies on Monday. HMDA plans to auction plots in Neopolis, Kokapet, and the Golden Mile layout on November 24, 28, and December 3, 5, offering two plots each day. During a nearly two-hour session, HMDA Commissioner Sarfaraz Ahmad clarified the e-auction process, compliance, zoning laws, and payment methods, addressing questions from bidders. Cushman & Wakefield highlighted Hyderabad’s robust…

Latest StoriesResidential

Stonecraft to invest ₹300 crore in Telangana township project

Representative AI image NEW DELHI: Stonecraft Group, a real estate firm, has announced an investment of Rs 300 crore for a 110-acre township project in Telangana. The company revealed plans to establish the integrated township at Yadagiri Gutta, which is expected to generate revenues up to Rs 1,100 crore. Of the 110 acres, 90 acres will feature residential plots, estimated to yield around Rs 500 crore. The remaining 20 acres will be dedicated to a Senior Living project comprising 333 independent homes, projected to earn Rs 600 crore. The overall investment for this development is set at Rs 300 crore.…

InfrastructureLatest Stories

HYDRAA Faces 700 Cases After Protecting 1,000 Acres

Here’s a rewritten version of the provided content: — HYDERABAD: The Hyderabad Disaster Management and Asset Protection Agency (HYDRAA) has successfully protected over 1,000 acres of public land and water bodies valued at around Rs 55,000 crore. However, it is currently facing an overwhelming wave of legal challenges. In just 15 months since its formation, HYDRAA has been subjected to nearly 700 lawsuits, primarily from alleged encroachers and land grabbers contesting its demolition and anti-encroachment efforts. Notably, Commissioner AV Ranganath is himself confronting 31 contempt petitions. Officials indicated to TOI that many petitioners are employing high-profile lawyers from Delhi, reportedly…

Latest StoriesRegulatory

Telangana HC Halts Ruling on Budwel Land E-Auction

HYDERABAD: In a significant development, the Telangana High Court has suspended a prior ruling that overturned the e-auction of 4.19 acres of land at Budwel, Rajendranagar, which was to be conducted by the HMDA. The court has allowed the HMDA to proceed with the auction while prohibiting the declaration of the highest bidder. The division bench, comprising Justices Moushumi Bhattacharya and Gadi Praveen Kumar, issued this directive on Tuesday during an appeal by the state government challenging the single judge’s decision made in May 2025. The bench also instructed the district collector of Rangareddy to address claims made by private…

IndustryLatest Stories

HMDA to Auction 44 Acres in Kokapet, Moosapet for ₹5,000 Cr

HYDERABAD: Following the Telangana State Industrial Infrastructure Corporation’s (TSIIC) record land auctions in Raidurg, the Hyderabad Metropolitan Development Authority (HMDA) has announced plans for e-auctions of 44 acres of government land in Kokapet and Moosapet, aiming to generate approximately ₹5,000 crore in revenue. The HMDA has set the minimum bid price at ₹99 crore per acre for the Neopolis layout in Kokapet, ₹70 crore per acre for the Golden Mile layout also in Kokapet, and ₹75 crore per acre in Moosapet. This will be the third phase of auctions in Neopolis and the second phase in Golden Mile. Auctions for…

Latest StoriesRegulatory

Hyderabad: Firm sued for duping nine flat buyers of ₹4 crore

HYDERABAD: The Cyberabad Economic Offences Wing (EOW) has initiated a cheating case against a construction company based in Jubilee Hills, accused of defrauding nine flat buyers of ₹4.41 crore linked to a stalled project in Tellapur. The complainants, K Mahesh, a 34-year-old employee of a Public Sector Undertaking (PSU), and his friend T Chandra Kiran Kumar began their home search in 2021. They were approached by a marketing executive named Bhargav, who offered an attractive early bird rate of ₹2,800 per square foot with a guaranteed buy-back option. Believing claims that the necessary land would be procured and that HMDA…

InfrastructureLatest Stories

HYDRAA Demolishes Five-Storey Illegal Building in Miyapur

Representative AI image HYDERABAD: On Saturday, the Hyderabad Development and Regulatory Authority (HYDRAA) demolished a five-storey building illegally erected on government land in Miyapur. Officials stated that the structure encroached upon land designated for the Hyderabad Metropolitan Development Authority (HMDA). According to HYDRAA officials, the building’s developers, including Ellareddy of Bhanu Constructions, initially purchased Plot No. 126, covering 400 square yards in a certified HMDA layout in Ameenpur. However, they subsequently encroached upon adjacent government property in Miyapur, expanding their claim to nearly 473 square yards of HMDA land. The developers are alleged to have fabricated fraudulent Layout Regularisation Scheme…

InfrastructureLatest Stories

HYDRAA Removes Encroachments in Hastinapuram & Chandanagar

HYDERABAD: On Tuesday, the Hyderabad Disaster Management and Asset Protection Agency (HYDRAA) addressed public grievances by clearing encroachments on government and community land across various city locations via the Prajavani platform. In Hastinapuram North Extension Colony, Karmanghat village of Saroornagar mandal, members of the community reported that a 1.27-acre park, designated in the official layout, was being illegally sold as individual plots. “We acted on the complaints, inspected the area, and confirmed the encroachment of park land. The encroachments were removed, and fencing was installed to secure the property. Additionally, boards were placed to indicate that the land belongs to…

Latest StoriesRegulatory

Telangana HC Overturns Trial Court Ruling in Realty Land Dispute

HYDERABAD: The Telangana High Court has recently approved a revision petition by a local realty firm, overturning a trial court’s decision that denied the dismissal of a civil suit against the firm. Justice Laxmi Narayana Alishetty remarked that the “plaintiffs have cleverly drafted the plaint, creating a false impression of a cause of action, which is not permissible in law and must be dismissed at the outset, especially since their case was barred by limitation.” The legal dispute involves approximately 30 acres of land in Ibrahimpatnam, Rangareddy district, initially owned by Mohammed Gouse Ali Khan. The plaintiffs, his descendants, sought…

Latest StoriesRera

Tribunal Rules Landowners in JDAs Aren’t RERA ‘Aggrieved Persons’

HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) Appellate Tribunal has issued a crucial ruling stating that landowners who engage in joint development agreements (JDAs) with developers do not qualify as “allottees” or “aggrieved persons” under the RERA Act. Consequently, they cannot seek legal recourse against developers through the RERA authority. This decision was made by a tribunal led by chairman Justice A Santhosh Reddy, with judicial member P Pradeep Kumar Reddy and administrative member Chitra Ramachandran. They emphasized that the mere presence of basic project information on a company’s website, under the ‘ongoing projects’ section, does not constitute advertising…