CommercialLatest Stories

Office Leasing Jumps 15% to 18.3M Sq Ft in Q1 2026: Colliers

NEW DELHI: Office leasing in India’s top seven cities surged 15% year-on-year to 18.3 million sq ft in Q1 2026, fueled by demand from technology companies, BFSI sectors, and global capability centers (GCCs), as reported by Colliers India. Bengaluru and Hyderabad combined accounted for nearly half of the total leasing this quarter, totaling about 8.7 million sq ft. Other key markets, including Mumbai, Delhi-NCR, Pune, and Chennai, saw a steady absorption of 2-3 million sq ft each of Grade A spaces. Arpit Mehrotra, Managing Director of Office Services in India for Colliers, remarked, “India’s office demand exhibits strong resilience, with…

Latest StoriesRegulatory

Hyderabad Civic Body Locks 100+ Properties for Tax Dues

HYDERABAD: As the financial year nears its conclusion, the Greater Hyderabad Municipal Corporation (GHMC) is intensifying its actions against long-time property tax defaulters. To date, over 100 significant commercial properties have been sealed, with the GHMC aiming to recover hundreds of crores in unpaid taxes. The GHMC reports that over 30,000 commercial entities—spanning luxury hotels, retail chains, and small shops—have neglected to settle their tax dues. The civic body is now concentrating on the most egregious offenders, sealing their premises to facilitate payment. This crackdown follows numerous ignored notices issued over the years. Notable cases include the Katriya Hotel in…

Latest StoriesRegulatory

Telangana HC Denies Stay on Bhoodan Land Demolitions

HYDERABAD: The Telangana High Court, on Wednesday, denied a request for interim relief or a stay on the large-scale demolition and rehabilitation efforts at Bhoodan lands in Velugumatla village, Khammam district. The court noted that intervening now might negatively impact many eligible beneficiaries in need. Justice B. Vijaysen Reddy issued this ruling while considering petitions from families displaced during the demolition drive conducted on February 24. The court instructed the state government to submit a detailed counter-affidavit and set the next hearing for April 15. During the proceedings, the government pleader for revenue presented written instructions detailing the status of…

InfrastructureLatest Stories

HYDRAA Examines Layout Violations in Sangareddy, Telangana

HYDERABAD: The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) conducted field inspections in Sangareddy district on Wednesday, addressing complaints received via Prajavani about encroachment and infrastructure issues. At Anand Nagar layout in Patighanapur village, officials reviewed reports of alleged encroachments on roads, parks, and public land. The layout, established in 1980 and covering 92 acres with 1,109 plots, has some plots regularized under the layout regularization scheme (LRS). Residents informed officials that layout boundaries had been altered and classified as agricultural land. There were also claims of misuse of the Dharani system to create unauthorized passbooks. Several plot owners…

Latest StoriesResidential

Telangana to Reallocate 12,000 Vacant 2BHK Houses

HYDERABAD: Housing Minister Ponguleti Srinivas Reddy announced on Wednesday that the government is addressing the issue of vacant 2BHK housing units, especially those situated far from beneficiaries’ homes. Within the Greater Hyderabad Municipal Corporation (GHMC) limits, approximately 92,000 2BHK houses have been approved by the BRS government. Out of these, around 61,000 are completed, while 21,838 are still under construction. Before the 2023 assembly elections, the government allotted 23,500 houses, but 12,000 remain unoccupied, primarily in Hyderabad, Sangareddy, Medchal, and Rangareddy districts. During the assembly’s question hour, the minister revealed that notices had been sent to beneficiaries, instructing them to…

Latest StoriesResidential

One Lakh Houses to be Ready for Beneficiaries by March 31

HYDERABAD: Telangana Housing Minister P Srinivas Reddy announced on Wednesday that over 100,000 houses built under the Indiramma housing scheme will be distributed to beneficiaries by March 31, with an additional 100,000 to be completed by June. Responding to a query during the Legislative Assembly’s Question Hour, the minister revealed that the first phase saw the approval of 450,000 houses statewide, including 12,000 specifically for the Chenchu community and tribal residents under the Integrated Tribal Development Agency (ITDA). “By March 31, approximately 112,000 Indiramma houses are expected to be completed, with housewarming ceremonies planned. Under Chief Minister Revanth Reddy’s leadership,…

Latest StoriesRegulatory

Telangana HC reprimands HYDRAA for seizing Hayathnagar plot

HYDERABAD: The High Court has reprimanded the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) for allegedly seizing a 650 square yard plot in Sahebnagar Kalan, Hayathnagar, located on the outskirts of the city. During a hearing of a petition from the landowner contesting HYDRAA’s actions, Justice NV Shravan Kumar expressed astonishment, stating that interfering in ongoing property disputes is hardly a model of good governance. It is reported that HYDRAA has taken over the property under the pretext of encroachment into a park. Addressing the proceedings, the judge remarked that the courts are equipped to handle encroachments and related…

Latest StoriesRegulatory

Telangana High Court Halts Acquisition of Jubilee Hills Properties

HYDERABAD: The Telangana High Court has recently stayed the acquisition and dispossession proceedings concerning four properties, totaling 5,186.14 square yards, owned by private individuals on Road No. 45, Jubilee Hills. The Greater Hyderabad Municipal Corporation (GHMC) had issued notices to the property owners under Section 21 of the GHMC Act, initiating the acquisition process for a proposed 120-ft road extending from Road No. 45 T-Junction to Durgam Cheruvu. Justice NV Shravan Kumar, in an order dated March 17, stated: “A stay is in effect for all further proceedings regarding the issuance of notice under Section 21 of the Act, particularly…

InfrastructureLatest Stories

Telangana Launches Bharat Future City for 30 Lakh Residents

HYDERABAD: The Telangana government has announced plans for Bharat Future City, which will span 30,000 acres and is expected to house approximately 2.5 to 3 million residents. The government is preparing a comprehensive master plan for the project. For the first time, these plans were officially disclosed in the socio-economic survey for 2026. The proposed plan includes a central business district (CBD) with four catalytic zones: an AI city covering 300 acres, a healthcare city across 200 acres, an education hub over 500 acres, and a life sciences center encompassing roughly 3,000 acres, all equipped with district cooling systems and…

IndustryLatest Stories

Is Hyderabad’s ‘Far West’ Growth Sustainable?

Representative AI image HYDERABAD: Just a few minutes off the eight-lane Outer Ring Road (ORR) at Exit 2, the scene shifts markedly in Greater Hyderabad. The skyline flattens, roads narrow and become dusty, lighting is sparse, and shops are few and far between. However, there’s no shortage of billboards advertising new residential projects, ongoing constructions, and local property broker offices. These promotional materials come with enticing offers: “Pay nothing until completion,” “20% now, 20% annually,” and “Zero GST.” As you drive from Kollur towards Patancheru, pass through Mokila (northwest) and Tellapur (southwest), the landscape remains virtually unchanged. This area is…