Tag: Hyderabad

Latest StoriesRera

Bhuvanteza Infra Fined by Telangana RERA for Unauthorized Sales

HYDERABAD: The Telangana State Real Estate Regulatory Authority (TGRERA) has imposed a penalty of ₹43.7 lakh on Bhuvanteza Infra Project Private Limited, based in Banjara Hills, for unauthorized allotment of units in its ‘Tulasi Lake Front’ project located in Suraram, Medchal–Malkajgiri district. This decision was made on December 1, 2025, following two separate complaints by customers. The first complaint was lodged by Maheshwaram Padma, a resident of Chintal, Tirumalagiri. The Authority found that the company had violated statutory regulations by allotting a flat without proper legal entitlement, misrepresenting ownership, collecting amounts without authority, and engaging in unfair trade practices, violating…

Latest StoriesRegulatory

Hyderabad: ₹270 Crore Fraud Case Against White Waters Constructions

HYDERABAD: The Economic Offences Wing (EOW) of the Cyberabad police has initiated a cheating case against White Waters Constructions and its directors. A woman has accused the company of defrauding her and numerous other flat buyers by collecting around ₹270 crore without delivering the promised projects. This complaint was lodged with the police on January 30 by Bhogadi Sujatha, a resident of Power Nagar Colony in Moosapet. According to her complaint, Sujatha became aware of White Waters@Y project near Kukatpally Y-Junction in 2018, and reserved a flat by paying ₹11 lakh. Over the next four years, she transferred ₹68.94 lakh…

IndustryLatest Stories

Telangana Builders Seek Farmhouse Approval in Conservation Areas

Representative AI image HYDERABAD: In a significant move that may reshape development on the outskirts of Hyderabad, realtors and builders in Telangana have urged the state government to allow farmhouse plotting under conservation land use, with clearly defined size and construction parameters. They argued that this would control unregulated growth, bring structure to existing grey areas, and generate consistent revenue for the government. During a recent meeting with officials from the municipal administration department, representatives from builders’ associations such as NAREDCO, CREDAI, and TDA proposed permitting farmhouse plots with a minimum size of 10 guntas (around 12,000 square yards). They…

IndustryLatest Stories

Telangana Considers Major Updates to Building Regulations

HYDERABAD: The Telangana government is contemplating a series of revisions to building regulations aimed at reducing compliance burdens and costs within the real estate sector. These changes include modifications regarding mortgaging built-up space, building fee payments, issuance of No Objection Certificates (NOCs), project timelines, and permissible floor heights. The proposed changes follow multiple appeals from builders and developers, who contend that current regulations have become outdated and excessively restrictive. According to government sources, there is a preliminary agreement to lower the required mortgaging of built-up space from 10% to 5%, responding to requests from builders’ and developers’ associations. The remaining…

CommercialLatest Stories

Hyderabad Office Market to Gain 18-19 Million Sq Ft by FY27: ICRA

NEW DELHI: The office market in Hyderabad is projected to welcome 18-19 million square feet of new Grade-A supply between Q4 FY26 and FY27, according to the rating agency, ICRA. Occupancy rates are expected to remain stable at approximately 82.5-83% by March 2027, driven by consistent demand from IT-BPM and BFSI sectors. Notably, around 23% of the forthcoming supply is already pre-leased. Leasing activity in Hyderabad has demonstrated resilience during the first nine months of FY2026. Within this timeframe, the city added 8.4 million sq ft of new Grade-A office space, with net absorption slightly outpacing supply at 8.5 million…

Latest StoriesRera

Telangana RERA Orders Promoters to Compensate Plot Buyers

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has mandated Apoorva Infra to reimburse buyers of plots in the “Swaminarayana Eco Township” in Undrugonda, Chivemla mandal, Suryapet district. The directive comes as the developer failed to complete the project. TGRERA issued its ruling on February 3 following three complaints. In two instances, the authority ordered the promoter to pay interest due to delays. In the third, it required a full refund along with interest. The developer cited the pandemic and legal disputes for the project delays. Refund mandated after cheque bounce In a complaint from D Shivannageshwar Rao of Suryapet,…

InfrastructureLatest Stories

HYDRAA Reclaims Park Land, Constructs Two Five-Story Buildings

HYDERABAD: On Wednesday, the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) reclaimed a park site in Meerpet and sealed off two illegal five-storey buildings in Manikonda after receiving multiple complaints from local residents. In the first incident, HYDRAA successfully protected 2,100 square yards of designated park land in Nandi Hills Colony, located within the Meerpet municipality of Balapur mandal, Rangareddy district. This land, which was intended for public use, had allegedly been encroached upon through “by-number” registrations, with residents suggesting that forged layout plans were used to validate the intrusion. “Based on complaints received during HYDRAA Prajavani, we conducted…

Latest StoriesResidential

Secunderabad Cantonment Proposes Ward-wise Tax Arrears Recovery

HYDERABAD: Residents of Ward-8 in Secunderabad Cantonment submitted a proposal on Sunday targeting tax arrears recovery to senior cantonment and defense estate authorities. The proposal advocates for more stringent enforcement of overdue house tax collections in compliance with the Cantonments Act of 2006. Addressed to the CEO of the Secunderabad Cantonment Board, the Principal Director of Defense Estates (Southern Command, Pune), and the Director General of Defense Estates, New Delhi, the proposal aims to address ongoing revenue collection challenges from residential property owners by establishing a systematic ward-level enforcement mechanism. The initiative includes bi-weekly enforcement drives in each ward, entailing…

IndustryLatest Stories

Hyderabad: GHMC’s 15 Lakh Sq Yards of TDR Raises High-Rise Costs

HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has over 15 lakh square yards (equivalent to 316 acres) of Transferable Development Rights (TDRs) valued at ₹2,000 crore. Builders and developers believe these TDRs can satisfy Greater Hyderabad’s construction demands for the next two to three years. The state government intends to issue additional TDRs to property owners affected by land acquisitions for projects like the Musi rejuvenation, flyovers, road expansions, and lake development. The GHMC has issued TDRs amounting to 51.83 lakh square yards (about 1,070 acres) to property owners since 2017 after acquiring land for road widening and other public…

CommercialLatest Stories

WeWork India Adds 3,300 Desks in Hyderabad with ₹100 Cr Investment

NEW DELHI: WeWork India Management has signed a lease agreement to enhance its footprint in Hyderabad, adding a total of 250,348 sq ft. This planned expansion aims to introduce approximately 3,300 desks, with operations anticipated to begin by June 2026. The initiative involves an estimated investment of ₹100 crore, which will be sourced from a mix of debt and internal funds, according to the company. The company currently runs 121,638 desks with an impressive overall utilization rate of 83.9%, highlighting robust occupancy levels in its portfolio. The firm reported a revenue of ₹640.3 crore for Q3 FY26, reflecting a 27%…