Latest StoriesResidential

PG Hostel and Bar Penalized for Fire Safety Violations in Hyderabad

HYDERABAD: The Telangana fire department has issued notices to a bar in Madhapur and a paying guest hostel in Kondapur for violating the Fire Services Act after inspections revealed inadequate firefighting equipment. During the inspections of Sky100 Kitchen and Bar on the seventh floor of Excello Building in Madhapur, and Venkateshwara Coliving & PG Hostel at Marthanda Nagar in Kondapur, officials assessed the functionality of firefighting systems, emergency exits, and other fire safety protocols. “The inspection team found that required equipment was missing, which raises concerns about readiness in case of a fire,” stated district fire officer-I, Rangareddy, Khaja Kareemulla.…

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…

InfrastructureLatest Stories

Hydraa Reclaims ₹400 Crore Prime Land in Madhapur

Representative image created by AI HYDERABAD: The Hyderabad Disaster Response and Asset Protection Agency (Hydraa) reclaimed a valuable 16,000 sq yard (approximately 3.3 acres) parcel of land worth Rs 400 crore in the city’s prestigious IT corridor on Thursday, a decade after it was reportedly encroached upon by a businessman. Located near the Hitex arch in Madhapur, this plot had been illegally occupied by a private individual who built a restaurant on it and encroached upon an adjacent road with hoardings, according to officials. During a demolition operation on Thursday, the Hydraa team dismantled part of the eatery as well…