Tag: Telangana

IndustryLatest Stories

Telangana’s TDR Policy Causes Price Surge, Builders Object

HYDERABAD: A recent policy aimed at compensating landowners and fostering urban growth has sparked fresh controversy in Telangana’s real estate sector. Following the state government’s announcement last month mandating the use of transferable development rights (TDR) for certain high-rise buildings and allowing their use for setback relaxations, TDR prices have surged significantly across Greater Hyderabad. Builders, developers, and everyday property owners are now voicing concerns over what they view as an artificial price spike and potential market manipulation. TDR serves as a certificate awarded to landowners who relinquish property for public use, such as road expansion or infrastructure projects. Instead…

Latest StoriesRera

Telangana RERA Launches Grievance and Guidance Cell

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has established a Public Grievance and Guidance Cell aimed at improving stakeholder engagement and enhancing grievance resolution mechanisms across the state. Launched on Thursday at the Administrative Staff College of India in Hyderabad, this initiative aligns with national discussions and the Ministry of Housing and Urban Affairs’ recommendations for better grievance handling. “The PGGC is designed to bolster grievance redressal and enhance engagement among stakeholders in the real estate sector throughout the state,” TG-RERA Chairman N Satyanarayana stated in an official press release. The Cell will provide guidance to stakeholders regarding their…

Latest StoriesResidential

Firm Accused of Cheating Customers in Kollur Villa Scheme

HYDERABAD: Customers have accused a construction firm of fraud after it allegedly failed to deliver villas in Kollur despite collecting substantial deposits. The company reportedly enticed clients with a ‘pre-launch offer’. A criminal complaint has been filed by the Economic Offences Wing (EOW) of Cyberabad police against the company’s management under Sections 316 (criminal breach of trust) and 318 (cheating) of BNS. Authorities stated that one victim was approached by a firm representative named Rajesh, who claimed the company was launching a villa project in Kollur and invited him to their office. They detailed the project and attracted the victim…

Latest StoriesRegulatory

Telangana’s property tax collections reach ₹100 crore in a day

HYDERABAD: A rigorous enforcement initiative, combined with the current one-time settlement (OTS) scheme, has led to a remarkable increase in property tax collections across three municipal corporations in the core urban area of Telangana, with revenues exceeding Rs 100 crore in a single day. Prior to last week, daily collections ranged from Rs 3 crore to Rs 5 crore. However, in recent days, there has been a substantial surge, with collections reaching Rs 20 crore on Sunday, Rs 50 crore on Monday, and over Rs 100 crore on Tuesday, bringing total collections to around Rs 2,500 crore. Officials attribute this…

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

Telangana to Launch Phase Two of Indiramma Housing in April

HYDERABAD: Housing Minister Ponguleti Srinivas Reddy announced in the council on Wednesday that the second phase of the Indiramma housing initiative is set to launch in April and May across the state. In response to questions, the minister stated that the Indiramma housing program will continue annually to ensure housing for the underprivileged. The objective is to construct Indiramma houses in every urban ward within the next three years. Approximately 100,000 houses are expected to be completed by March, and most of the 300,000 houses sanctioned in the first phase will be ready by June or July. Special efforts are…

IndustryLatest Stories

Telangana Yet to Establish Municipal Tribunal Despite HC Order

HYDERABAD: A decade ago, the Telangana government planned to establish the Municipal Building Tribunal (MBT) to address building-related issues, particularly unauthorized structures. Nearly four years ago, in April 2022, the state government informed the Telangana High Court that the tribunal would be organized within four weeks. However, it remains unestablished amid a surge of unauthorized constructions in the state, especially in Greater Hyderabad. GHMC officials report that approximately 6,000 cases are pending in various courts, with 80% related to illegal buildings. Many owners or builders have secured stay orders, hindering the town planning wing from demolishing these structures. In the…

Latest StoriesRera

Telangana RERA Lets Homebuyers Complete Stalled Projects

HYDERABAD: In a pioneering initiative in Telangana, authorities have permitted homebuyers to take over and complete stalled residential projects when builders default, leveraging the Real Estate (Regulation and Development) Act, 2016. Following directives from the Telangana Real Estate Regulatory Authority (TG RERA) and the municipal administration department, flat owners formed associations to finish the remaining construction in their projects. One project has already been completed, while another is in progress. The halted projects were initiated by Jayathri Infrastructures India Private Ltd., which had launched the ‘Jaya Platinum’ residential project in Bowrampet village, comprising 60 flats. Simultaneously, it had started the…