Many Hyderabadis have bought 2nd homes and some even third homes. As the Covid-19 virus caused pandemic spread, the offices allowed work from home. Many of those who were renting decided to move back to their home towns. This has…
Category: Major Developments
Work From Home Impact – Demand For Storage Rentals
In the times of this pandemic, several people working in the Hyderabad especially IT sector have returned to their native places. Many organizations have extended the “work from home” option. Impact Of Work From Home On Rental MarketThe workforce has…
Hyderabad Real Estate Registers Growth in Last Few Years
In the last few years, the real estate sector of Hyderabad has been displaying remarkable growth. Immediately after the formation of the Telangana State, there was a lull in the real estate activities of Hyderabad. That was just a brief…
Hyderabad City Center Going to Get its Charm with 40 Skyscrapers
Telangana Chief Minister K.Chandrsekhar Rao has announced that the government is going to build the world’s tallest tower and other skyscrapers at 40 locations around Hussain Sagar Lake in the heart of Hyderabad city. Government is planning to build tower taller than Burj Khalifa at Sanjeevaiah Park. The minimum height of other buildings would ensure 75 floors in them.
February – Tough Time for Property Tax Defaulters
The Greater Hyderabad Municipal Corporation (GHMC) is planning to pursue a drive against all property tax defaulters in Hyderabad from February 2014 onwards. The GHMC has communicated strongly that the tax defaulters are going to be pursued until they pay…
Affordable Homes for LIG (Lower Income Groups) in Hyderabad
The APHB (Andhra Pradesh Housing Board) has introduced a housing scheme for LIG (Lower Income Groups) in Hyderabad and different parts of the State. The new housing scheme will be provided under the Hire Purchase System and primarily target government…
Realty Transactions Remain Stable in City Centre
Contrary to the popular perception that core areas in the Hyderabad city have lost their real estate appeal, the recent data shows a stable real estate activity in the city centre. According to Stamps and Registrations Department officials, between April…
Disclose Taxable Properties Before August 31
The GHMC commissioner stated that citizens living in and around Greater Hyderabad limits should submit their Voluntarily Disclosure of Property Tax forms before August 31, at Circle offices in Citizen Service Centres (CSCs) or on the GHMC website. Citizens who…
Real Estate Prices in Hyderabad on a Rise
Looks like owning a house in Hyderabad city will cost you dear, as more than half of the houses that are on sale are more than Rs 50 lakh. Even cities like Bangaluru and Chennai have only quarter houses of…
Need to Focus on Affordable Housing Rather than Luxury Homes – Deepak Parekh
Responding to the sky rocketing housing prices in India, including those in the smaller cities, HDFC chairman Deepak Parekh asked builders to focus more on affordable housing, rather than luxury houses. Lending aggressively to the developers is dangerous in the…