Tag: Hyderabad

Latest StoriesRegulatory

Telangana Registrations Drop 50,000, Revenue Rises ₹500 Crore

HYDERABAD: Despite the state’s government initiatives to boost the struggling real estate sector, including freezing market value revisions and fostering a more favorable developer sentiment, the industry still faces significant challenges. Registrations have sharply declined, dropping by approximately 50,000 documents in the 2025-26 financial year compared to the previous year (up until December). Although there has been a slight rise in total revenue, it remains well below the target of Rs 19,100 crore. For the fiscal year 2024-25, the registration and stamps (R&S) department generated Rs 14,230 crore in revenue. According to sources from the R&S department, their revenue target…

Latest StoriesResidential

Hyderabad Home Registrations Surge 25% in November 2025

NEW DELHI: In November 2025, residential property registrations in Hyderabad soared 25% year-on-year and 12% month-on-month, reaching the highest monthly volume recorded in the year, according to Knight Frank India. A total of 6,923 residential units were registered during this month, resulting in a combined transaction value of ₹4,904 crore. This represents a 40% year-on-year increase in value, indicating growing ticket sizes and consistent demand for premium housing. The spike in registrations was primarily driven by interest in the premium housing segment. Properties priced above ₹1 crore saw an 87% year-on-year increase in registrations, comprising 21% of total registrations, up…

Latest StoriesRegulatory

I-T Department Seizes 282 Acres in ₹2,000 Crore Land Case

HYDERABAD: The Income Tax Department’s Benami Prohibition Unit (BPU) in Hyderabad has issued 17 provisional attachment orders related to a 282-acre land parcel in Koheda and Omer Khan Daira villages, near Abdullapurmet, valuing the properties at ₹2,002 crore. These land transactions were preliminarily identified as benami, with Incor Realty Projects acting as the benamidar and former Sanghi Industries Ltd promoter, Ravi Sanghi, along with his family, named as the beneficial owners. According to the orders, the land originally belonged to the now-defunct Sanghi Industries Ltd (SIL) and was sold through a structured arrangement involving Incor Realty and Venkateshwara Realty. The…

Latest StoriesRegulatory

ED Arrests MD of Jayathri Infrastructures in Fraud Case

HYDERABAD: The Enforcement Directorate (ED) has apprehended Kakarla Srinivas, Managing Director of Jayathri Infrastructures India Pvt Ltd in Hyderabad. He is a key suspect in a multi-crore real estate pre-launch scam that reportedly defrauded numerous homebuyers. Srinivas, who had been evading arrest for several months, was captured by the ED’s Hyderabad unit in Chennai on Thursday evening. He was presented before the special PMLA court in Rangareddy on Friday and was remanded in judicial custody until December 31. The case revolves around alleged money laundering associated with extensive cheating of homebuyers and investors. The ED initiated an investigation under the…

Latest StoriesResidential

Telangana Housing Board Launches LIG Flats Sale in Hyderabad

Representative Image HYDERABAD: The Telangana Housing Board has introduced one-bedroom flats aimed at the Lower Income Group (LIG) in Gachibowli and several other locations. According to V P Gautam, the board’s vice-chairman, a total of 339 flats are available in Hyderabad, Khammam, and Warangal at competitive market prices. These flats are situated in gated communities where many families reside, specifically allocated for the LIG category to ensure access to quality housing. Positioned in well-developed and sought-after areas, the flats are offered at prices that are substantially lower than those in the open market. Officials highlighted that the flats are designated…

Latest StoriesRegulatory

SC Limits Activity on 100 Acres of Disputed Shamshabad Land

HYDERABAD: The Supreme Court has instructed private parties claiming a significant 100-acre disputed parcel in Shamshabad and Paigah village, allegedly owned by HMDA, to halt any construction or transfer of property until their appeal is resolved in the Telangana high court. The division bench, comprising Justices MM Sundresh and Satish Chandra Sharma, was reviewing a petition from Mohammad Taher Khan, who claims ownership of the land based on specific survey numbers. HMDA (formerly HUDA) argued it had acquired approximately 180 acres in the 1990s, and that when objections arose over the increased compensation amounts, the Supreme Court mandated an enhancement…

Latest StoriesResidential

Telangana to Sell, Regularize Small Housing Board Plots

Representative Image HYDERABAD: The Telangana government is taking steps to resolve longstanding land and revenue issues by selling small plots of housing board land and regularizing additional land owned by homeowners, while also tightening regulations on leases and rentals to safeguard public assets. During a review meeting on housing department matters, Housing Minister Ponguleti Srinivas Reddy instructed officials to prepare a detailed report concerning the sale of housing board land measuring up to 100 square yards adjacent to existing housing board houses. The proposal also aims to regularize previously allotted additional land. Officials are to gather data on current market…

Latest StoriesRegulatory

Income Tax Raids Brigade Enterprises’ Offices

Brigade Enterprises’ shares dropped by as much as 2%, reaching a day low of Rs 868.10 on the BSE on December 15. This followed the announcement that the Income Tax Department had begun search operations at its registered office and other linked locations, which took place from December 9 to December 13. In an official exchange statement over the weekend, Brigade Enterprises confirmed that it and its officers have fully cooperated with the authorities, supplying all necessary information. The company emphasized that its business operations are running smoothly without any interruptions. Currently, the stock is trading at Rs 886, with…

Latest StoriesRegulatory

Hyderabad: Builder Cited for Illegal Parking Layout Changes

HYDERABAD: The Ranga Reddy District Consumer Disputes Redressal Commission has ordered a builder in Bowrampet to provide a legally sanctioned car parking space to a flat owner. This ruling follows revelations that the developer had improperly modified the stilt-floor layout of Pinewood Apartments, leading to ongoing disputes among residents. The complainant, who purchased flat no. 303 for ₹25.91 lakh in February 2022, noted that the sale deed specifically included a car parking slot. Upon moving in, however, he found that the builder had deviated from the HMDA-approved design. The initial plan allowed for 10 car parking spaces with two driveways,…

Latest StoriesRegulatory

Hyderabad: ED Raids Bhuvan Teza Infra in Flat Scam Probe

HYDERABAD: The Enforcement Directorate executed searches at six sites associated with Bhuvan Teza Infra Projects Private Ltd on Wednesday, as part of an ongoing money laundering investigation connected to a pre-launch flat scam previously identified by the Central Crime Station (CCS). In the case reported by CCS, Bhuvan Teza Infra’s director, Chekka Venkata Subrahmanyam, is accused of collecting crores of rupees from buyers for ‘Happy Homes’ flats in Shamirpet, under pre-launch offers, yet failing to deliver the properties or refund the money. Investigators uncovered that many other customers were similarly deceived. A case filed by the Economic Offences Wing (EOW)…