Tag: kokapet

Latest StoriesRegulatory

Telangana HC Queries HYDRAA on Unnotified Kokapet Demolitions

HYDERABAD: The Telangana High Court challenged HYDRAA regarding the demolition actions taken at ZRESTA Villas in Kokapet, which were conducted without prior notice. Interim orders were issued to maintain the status quo. Justice Nagesh Bheemapaka, during a hearing of a house motion from the petitioners, deemed it inappropriate to demolish structures without notice, especially when the land was under litigation. According to the petitioners, the ZRESTA Villa Owners Maintenance Mutually Aided Cooperative Society, claims that HYDRAA personnel unlawfully entered the property on May 26 and removed the compound wall unexpectedly. In response to the demolition, the petitioners submitted a house…

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HDFC Bank Funds ₹300 Crore Luxury Housing in Hyderabad

NEW DELHI: HDFC Bank has allocated Rs 300 crore towards an ultra-luxury residential project in Kokapet, Hyderabad, as developers seek structured financing in response to a cooling housing market and an increasing demand for high-end homes. This investment will facilitate the completion of the project, which has a gross development value of Rs 2,000 crore and is being developed by DE Blue Oak and P Mangatram. Transaction advisor CBRE has opted not to comment. Recently, there has been a surge in funding within the residential real estate sector as developers look for credit options amid a dip in sales. “There…

Latest StoriesResidential

Hyderabad Builders Tempt Buyers with Harleys, EVs, and Gold

Representative AI image HYDERABAD: In response to slow sales, various developers in Hyderabad are offering luxurious gifts to entice potential homebuyers. Options include premium motorcycles, 24-carat gold coins, electric vehicles, and complimentary interior upgrades. For example, one prominent developer is providing a Harley Davidson worth ₹3 lakh with bookings in selective high-demand areas such as Kokapet, Kukatpally, Uppal, Patancheru, and Rajendranagar. Another developer plans to offer electric vehicles valued at ₹8 lakh to clients of an upcoming residential project located between Uppal and Ramanthapur. Gold has also emerged as a favored incentive, despite its rising prices. A builder from Miyapur…