Category: Major Developments

Builders Enjoying Profits by Lowered Floor Height

Builders of Hyderabad are decreasing the floor height to make some extra floors and attain huge profits through residential projects. According to the revised GO-86 of 2006, the building permissions are given with respect to the height of an apartment…

No Mortgage Fee on New Projects Likely

The Municipal Administration and Urban Development (MAUD) on approval with the stamps and registration departments are planning a proposal to scrap the one percent mortgage fee levied on builders undertaking new projects. As per the current norm, 10 percent of…

Nobody is Willing to Stay at JNNURM Homes

Greater Hyderabad Municipal Corporation (GHMC) has recently found out that JNNURM homes which are meant for urban poor are not getting occupied. Less than 1,700 housing units have been occupied out of the 17,000 units that were allotted a year…