Tag: Hyderabad

Latest StoriesRegulatory

Court denies builder’s appeal on illegal work in Nandagiri Hills

HYDERABAD: A city court has dismissed a construction company’s appeal against the Greater Hyderabad Municipal Corporation (GHMC), which ordered a halt to construction and mandated the removal of all deviations at their 4.748-acre site in Nandagiri Hills, Shaikpet. Chief Judge K Kusha of the City Small Causes Court, Hyderabad, issued the ruling on July 4, supporting GHMC’s action against Net Net Ventures. The judge remarked that “the petitioner came to the court with unclean hands and failed to demonstrate a prima facie case to restrain the authorities.” The company, which had previously approached the Telangana High Court, was instructed to…

Latest StoriesResidential

Telangana to Sell Long-Vacant Rajiv Swagruha Flats for ₹1,000 Cr

Representative image created by AI HYDERABAD: With the real estate market in and around the city gaining momentum, the state government has put Rajiv Swagruha Corporation flats in Bandlaguda, Pocharam, and Gajularamaram townships up for sale, with expectations of raising over ₹1,000 crore. A total of 159 flats in Sahabhavana township (Bandlaguda), 601 in Sadbhavana township (Pocharam), and 418 flats in 9- to 14-storey towers—located in the Medchal-Malkajgiri district—are now available for purchase. Interested buyers must submit applications, and allotments will be decided by a draw scheduled for July 30, August 1, 2, and 20, if there are multiple bids…

Latest StoriesResidential

Study: 2.6 Lakh Hyderabad Homes at Fire Risk

Representative image created by AI A recent study has revealed that 1.3 million residents across 260,000 households in Hyderabad are at a significantly high risk of fire accidents. This report, titled ‘Hotspot Analysis of Structure Fires in Urban Agglomerations: A Case Study of Hyderabad,’ comes during a time of rising incidents of fire in both residential and commercial sectors. Conducted by geography professors from Osmania University and Nizam College, along with the Institute for Excellence in Higher Education in Bhopal, it was published in the Asian Journal of Geographical Research. The research highlights that densely populated areas with a mix…

CommercialLatest Stories

Top 7 Cities’ Office Leasing Up 40% in H1 2025: Anarock

NEW DELHI: The commercial real estate sector in India showed a strong recovery in the first half of 2025, with net office leasing in the seven largest cities rising by 40% year-on-year to around 26.8 million sq ft, according to Anarock Research. This compares to 19.08 million sq ft in the same period last year. Bengaluru was the standout performer, achieving 6.55 million sq ft of net absorption, a 64% increase from 4 million sq ft in H1 2024. Pune reported the highest year-on-year growth rate in leasing, soaring by 188% to 3.8 million sq ft, up from 1.32 million…

Latest StoriesRegulatory

ED Suspends HMDA Official; ₹250 Crore Assets and Realtor Links Under Investigation

HYDERABAD: On Wednesday, the Enforcement Directorate (ED) in Hyderabad carried out searches at several locations associated with suspended HMDA official Shiva Balakrishna. This action is part of an ongoing investigation into alleged disproportionate assets identified by the Anti-Corruption Bureau (ACB). Shiva Balakrishna, previously a planning officer at Hyderabad Metro Rail Limited (HMRL) and in-charge Secretary of the Telangana Real Estate Regulatory Authority (RERA), was arrested by the ACB on January 25 for possessing assets disproportionate to his known income sources. The ACB also took his brother, Naveen Kumar, into custody in connection with the case. The ED has initiated an…

Latest StoriesRera

Telangana RERA Launches Enforcement Wing for Swift Compliance

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) is set to bolster the regulatory framework in the real estate sector by establishing its own enforcement mechanism for ensuring adherence to its orders. In response to ongoing delays by non-compliant builders and developers, TGRERA now enables district collectors to enforce the Revenue Recovery Act (RRA) and utilize specific civil court powers. This represents a significant transition from a passive regulatory approach to active enforcement. An executive director, likely from the revenue department, will lead the new enforcement unit, supported by a specialized team dedicated to executing TGRERA’s directives. “TGRERA is aligning…

Latest StoriesRera

Builder must register villa owners’ association: Telangana RERA

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has directed Prime Infratech, the developer of the Prime Alpenia villa project in Mokila, to establish a formal association of allottees within 45 days. This directive, issued on June 4, came after a villa owner lodged a complaint regarding ongoing harassment and the unlawful collection of funds due to the absence of a registered society. Budi Venkata Ramana, a resident of LB Nagar, reported that he purchased a villa in December 2021 and paid Rs 3,41,000 for corpus and maintenance charges in February 2022, but the promised owners’ association was never formed.…

CommercialLatest Stories

Shortage of Grade-A Office Space Hampers Hi-Tech City, Hyderabad

HYDERABAD: Heineken’s decision to establish a global capability center (GCC) in Hyderabad with an investment of nearly Rs 3,000 crore has proven challenging, as securing space in the bustling IT hub of HITEC City has become increasingly difficult. Sources indicate that this trendy area, often compared to San Francisco’s Bay Area, is almost fully leased out in terms of Grade A office space. Notable developments in HITEC City include Sattva Group’s Knowledge Park and Knowledge City, RMZ’s Nexity, Raheja Mindspace, and CapitaLand Park, along with individual projects by Auro Realty and My Home Group. Recently, McDonald’s acquired approximately 200,000 sq…

CommercialLatest Stories

Gachibowli plot sells for ₹33 crore at ₹2.2 lakh/sq yard

HYDERABAD: The real estate market in Hyderabad shows signs of resurgence as the Telangana Housing Board successfully sold a commercial plot for Rs 33 crore and another for Rs 11 crore in Gachibowli. The board held an auction on Monday, offering plots in Gachibowli, Chintal, Nizampet, among others, generating a total revenue of Rs 65 crore. According to Telangana Housing Board (THB) commissioner VP Gautam, one commercial plot spanning 1,487 square yards in Gachibowli was sold at Rs 2.20 lakh per square yard, bringing in Rs 33 crore. The government had initially set an upset price of Rs 1.20 lakh…