Tag: Telangana

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…

Latest StoriesRera

Telangana RERA Cautions Developers on Pre-Launch Ads

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has issued a warning to promoters, developers, real estate agents, and advertising channels regarding misleading pre-launch advertisements targeted at homebuyers, which lack valid TG-RERA registration. The authority stressed that enticing buyers or soliciting investments before obtaining formal registration is a direct violation of the Act. According to the Real Estate (Regulation and Development) Act, 2016, all real estate projects exceeding 500 sq m and apartments with more than eight units must be registered with TG-RERA. Developers can only advertise, market, or sell units after the Authority has thoroughly examined the project details…

IndustryLatest Stories

Telangana Builders Seek Farmhouse Approval in Conservation Areas

Representative AI image HYDERABAD: In a significant move that may reshape development on the outskirts of Hyderabad, realtors and builders in Telangana have urged the state government to allow farmhouse plotting under conservation land use, with clearly defined size and construction parameters. They argued that this would control unregulated growth, bring structure to existing grey areas, and generate consistent revenue for the government. During a recent meeting with officials from the municipal administration department, representatives from builders’ associations such as NAREDCO, CREDAI, and TDA proposed permitting farmhouse plots with a minimum size of 10 guntas (around 12,000 square yards). They…

IndustryLatest Stories

Telangana Considers Major Updates to Building Regulations

HYDERABAD: The Telangana government is contemplating a series of revisions to building regulations aimed at reducing compliance burdens and costs within the real estate sector. These changes include modifications regarding mortgaging built-up space, building fee payments, issuance of No Objection Certificates (NOCs), project timelines, and permissible floor heights. The proposed changes follow multiple appeals from builders and developers, who contend that current regulations have become outdated and excessively restrictive. According to government sources, there is a preliminary agreement to lower the required mortgaging of built-up space from 10% to 5%, responding to requests from builders’ and developers’ associations. The remaining…

IndustryLatest Stories

Telangana to Issue TDRs for Land Near Water Bodies

Representative Image HYDERABAD: In a bid to promote the utilization of transferable development rights (TDR) in the state and generate market interest, the municipal administration department has stipulated that 10% of the built-up area in high-rise buildings exceeding 10 floors should be allocated through TDRs. This initiative aims to benefit landowners holding TDRs. Currently, the GHMC and other agencies offer TDRs instead of cash compensation for land acquired for various projects and road expansions. However, there is minimal demand for TDRs, forcing owners to sell them at significantly reduced prices. Developers can utilize TDR for additional built-up space. The state…

Latest StoriesRegulatory

Telangana Registrations Drop 50,000, Revenue Rises ₹500 Crore

HYDERABAD: Despite the state’s government initiatives to boost the struggling real estate sector, including freezing market value revisions and fostering a more favorable developer sentiment, the industry still faces significant challenges. Registrations have sharply declined, dropping by approximately 50,000 documents in the 2025-26 financial year compared to the previous year (up until December). Although there has been a slight rise in total revenue, it remains well below the target of Rs 19,100 crore. For the fiscal year 2024-25, the registration and stamps (R&S) department generated Rs 14,230 crore in revenue. According to sources from the R&S department, their revenue target…

Latest StoriesResidential

Telangana Explores PPP Model for Affordable Housing

HYDERABAD: Telangana is committed to ensuring every family has access to affordable housing by 2047, according to revenue, housing, and I&PR minister Ponguleti Srinivas Reddy, who spoke at the ‘Telangana Rising 2047 – Global Summit’ on Tuesday. The minister stated that the government is finalizing a long-term housing policy that prioritizes economic viability, environmental responsibility, and technology to close the widening gap between housing demand and supply. “Our aim is to move beyond piecemeal schemes and establish a comprehensive policy for the next two decades,” he explained, indicating the state’s interest in exploring Public-Private Partnership (PPP) models for affordable housing…