Telangana will be the first state in India, to create its own clean authority, the state’s municipal administration minister KT Rama Rao said, on February 2, 2018. “We recently entered (into) an MoU in … READ FULL STORY
Hyderabad has one of the busiest real estate markets in India, with both, commercial and residential properties showing consistent performance over several years. The city has become a preferred destination for global IT/ITeS, BFSI, … READ FULL STORY
The detailed project report (DPR) preparatory work for Phase II of the Hyderabad metro rail project, has been entrusted to the Delhi Metro Rail Corporation (DMRC), the Hyderabad Metro Rail Ltd (HMRL) has said, … READ FULL STORY
Speaking at the 27th All India Builders’ Convention of Builders’ Association of India, vice-president M Venkaiah Naidu, on January 19, 2018, sought to assure developers that ‘The Real Estate Regulation Act is for promotion … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
Gurugram was the only city to witness improvement, both, in new launches and sales, by 55 per cent and 27 per cent, respectively, in 2017, according to the ‘Realty Decoded Report’ for Calendar Year … READ FULL STORY
According to a study by property consultants Knight Frank, homes launches in 2017 plummeted by a staggering 78 per cent to 1,03,570 units. The peak of the realty boom in 2010, saw as many … READ FULL STORY
Telangana has become the first state to initiate asset monetisation through the ‘toll-operate-transfer’ (TOT) scheme and has appointed transaction advisors to sell the 158-km-long Nehru Outer Ring Road in the state capital, Hyderabad. While … READ FULL STORY
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
Altico Capital, a non-banking finance company, promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners, recently deployed Rs 1,250 crores across five deals in Hyderabad and Pune. This includes Rs 500 crores … READ FULL STORY
Recently, there have been numerous reports that IT companies are laying off employees. Nevertheless, the real estate market in Hyderabad is expected to witness good buyer demand, despite sluggishness in the IT sector, which … READ FULL STORY
The Hyderabad Metro Rail, on November 29, 2017, commenced its maiden operations between Miyapur and Nagole, having a total distance of 30 kms and 24 stations, the concessionaire, L&T Metro Rail (Hyderabad) Ltd, said … READ FULL STORY
Union minister Hardeep Singh Puri, on November 28, 2017, appreciated the Telangana government’s double-bedroom houses scheme for the poor, the state government said. The Housing and Urban Affairs Minister visited the IDH Colony in … READ FULL STORY
