Tag: Telangana government

IndustryLatest Stories

Bharat Future City: 90 Real Estate Proposals Amid Approval Delays

Representative AI image HYDERABAD: Almost a year after the state government announced the ambitious Bharat Future City project, real estate developers seem to be proceeding with caution. Most investment is limited to select areas along the Srisailam and Nagarjuna Sagar highways, while others wait for clearer direction on the city’s development plans. Since the announcement of Bharat Future City, the Future City Development Authority (FCDA) has received approximately 80 applications for open plots and 10 proposals for housing projects, including gated communities. However, only 18 layouts have been approved so far, with several remaining pending due to various issues, including…

Latest StoriesRegulatory

Telangana HC Aids Doolapally Residents in Fox Sagar Dispute

HYDERABAD: On Friday, the Telangana High Court instructed the state government not to take any coercive actions against homeowners in Doolapally regarding claims that their homes are located within the Full Tank Level (FTL) area of Fox Sagar Lake. This directive was issued by Justice B. Vijaysen Reddy while considering a lunch motion petition filed by the affected homeowners contesting two government orders from July 7. Further hearings are scheduled for July 27. The petitioners, who built their homes after securing necessary permissions and occupancy certificates, challenged the government’s revocation of orders from 2019 and 2023 that reclassified the land…

IndustryLatest Stories

SBI Accepts Alternate Plots After Raidurg Land Dispute Resolution

Representative image HYDERABAD: The ongoing dispute between the Telangana government and the State Bank of India (SBI) over a prime five-acre parcel in Raidurg’s Knowledge City is nearing resolution, as the SBI board has approved the government’s offer of alternative land. This approval paves the way for the likely withdrawal of the pending case before the Telangana High Court, removing a significant obstacle related to one of the city’s most valuable land parcels. Government sources revealed that the SBI board approved the proposal during a meeting on June 30, and the official resolution should reach local bank officials in the…

Latest StoriesRegulatory

Telangana Unveils CURE Bill to Replace 1955 GHMC Act

HYDERABAD: The Telangana government has introduced the draft Core Urban Region (Integrated Governance) Bill, 2026 (CURE Bill), citing the Greater Hyderabad Municipal Corporation (GHMC) Act of 1955 as inadequate for the rapidly expanding metropolitan area. The government is now inviting suggestions and feedback from citizens, Resident Welfare Associations (RWAs), industry groups, professional organizations, and other stakeholders on the draft until July 24 via the official websites of the three municipal corporations in Greater Hyderabad. While many provisions of the GHMC Act are retained, the new legislation proposes numerous reforms aimed at governance, environmental sustainability, and public safety, addressing the needs…

Latest StoriesResidential

Telangana Housing Minister: 2BHK Homes for Musi Oustees

HYDERABAD: Telangana’s revenue and housing minister, Ponguleti Srinivas Reddy, has instructed officials to allocate 2 BHK homes to families displaced by the Musi rejuvenation project. He emphasized that the state government is committed to providing lawful compensation and necessary rehabilitation for those who relinquish their lands. Srinivas Reddy convened a review meeting regarding the Musi project’s rehabilitation and land acquisition in the Secretariat on Monday. “Our vision is to restore the Musi River as part of a broader ambition to elevate Hyderabad into a world-class city, transforming the river into a center for tourism, employment, and economic progress,” he noted.…

Latest StoriesResidential

Villages Safe as Rural Registrations Rise in Telangana

Representational Image HYDERABAD: The Telangana government has significantly revised land rates near Hyderabad’s Outer Ring Road, with some increases reaching 100%. However, many rural areas have been exempt from steep rises in property registration charges. The new rates took effect statewide starting Friday. The minimum rate has surged from ₹1.75 lakh per acre to ₹2.75 lakh, signaling a major change in land valuation. In contrast to urban adjustments, the increases for residential flats and open plots in rural towns and district headquarters were kept moderate, ranging from 10% to 20% of existing rates. Officials organized the assessment for rural, urban,…

Latest StoriesResidential

Telangana to Update Property Registration Rates on June 5

HYDERABAD: Telangana is set to implement new land values for property registrations statewide starting June 5, marking the first significant rate update in nearly a year. This decision comes after extensive field surveys and data from sub-registrar offices (SROs), with officials stating that the revision aims to align government-notified rates with current market values. Revision Overview: The new rates will be categorized into four tiers—25%, 50%, 75%, and 100% increases on existing registration values for both agricultural and non-agricultural lands. Most property rates will fall within the 25%, 50%, or 75% categories, with only a few areas in prime urban…

InfrastructureLatest Stories

Telangana secures ₹13,600 crore refinancing for Hyderabad Metro

HYDERABAD: On Monday, the Telangana government secured a refinancing agreement worth ₹13,600 crores from the Indian Railway Finance Corporation (IRFC) for the Hyderabad Metro Rail Project. The agreement was signed in Delhi by officials from IRFC, L&T Metro Rail (Hyderabad) Ltd, and Hyderabad Metro Rail Ltd (HMRL). Chief Secretary K Ramakrishna Rao, who was present at the signing, stated that this refinancing would significantly alleviate financial pressures on the Hyderabad Metro Rail project, enhancing its long-term economic viability, according to a government release. This initiative is aimed at reducing the current debt and facilitating future expansion of the metro system.…

InfrastructureLatest Stories

Telangana Gov’t Finalizes Deal for Full LTMRHL Acquisition

HYDERABAD: The Telangana government has decided to take control of the Hyderabad Metro Rail Phase I through HMRL. On Wednesday, they signed a Share Purchase Agreement with L&T to acquire 100% equity shares of LTMRHL for an equity value of ₹1,461.47 crores. The Share Purchase Agreement was signed by Hyderabad Metro Rail Ltd (HMRL) Managing Director Sarfaraz Ahmad, D K Sen representing L&T Ltd, and KVB Reddy representing L&T Metro Rail (Hyderabad) Limited (LTMRHL). Attending the signing were Telangana Chief Secretary and HMRL Chairman K Ramakrishna Rao, along with Special Chief Secretary (Municipal Administration) Jayesh Ranjan, according to a release…

Latest StoriesRegulatory

NGT Rejects Telangana’s Future City Project, Seeks Responses

HYDERABAD: The National Green Tribunal’s southern zone bench in Chennai has declined to issue a stay on the Telangana government’s Future City Project on the outskirts of Hyderabad. The bench stated that no interim orders could be made without hearing from all parties involved and without official responses submitted. The Future City Development Authority (FCDA) and the Union Ministry of Environment, Forests & Climate Change (MoEFCC) have been instructed to provide formal responses by June 9 for further deliberation. The order came during proceedings initiated by Hyderabad-based environmentalist Dr. Dhonthi Narsimha Reddy, who claims that the government is engaging in…