Tag Archives: Hyderabad

Land Acquisition Act to be used to take over properties

Hyderabad: Mayor Mohd Majid Hussain has directed Greater Hyderabad Municipal Corporation (GHMC) officials to acquire properties under the Land Acquisition Act if property owners do not come forward for negotiations. He also asked the town planning officials to file caveat … Continue reading

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Property registration charges revised

Hyderabad: People buying or selling their properties after April 1 will have to cough up higher registration charges with the state government clearing the proposal for revising land values submitted by the registration and stamps (R&S) department on Saturday. The … Continue reading

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Provident Housing Ltd forays into Mangalore

Banglore: Provident Housing Ltd, a wholly- owned subsidiary of the real-estate developer Puravankara Projects Ltd, is foraying into Mangalore with the launch of its property ‘Skyworth’. “The Provident proposition with its dual emphasis on affordability and quality has been extremely … Continue reading

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Ahmedabad sees 46% dip in launch of new housing units

There is a 46 per cent dip in the number of new residential housing units that were launched in Ahmedabad. The city is among the country’s top two housing markets – just behind Bangalore – that has seeing a maximum … Continue reading

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US government likely to sell many of its real estate properties in India

The US government has hired property consultancy Knight Frank to carry out a valuation and strategic review of all its real estate properties in India, valued at thousands of crores, as a possible precursor to the sale of some assets. … Continue reading

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Hyderabad Metropolitan Development Authority cracks whip on illegal buildings in gram panchayats

Hyderabad: The Hyderabad Metropolitan Development Authority (HMDA) has finally woken up and taken note of the illegal constructions that are mushrooming in the surrounding gram panchayats and is taking action against them. Since the last few days, it has served … Continue reading

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Affordable housing helps realtors escape slump

India’s middle-income housing segment accounts for much of the growth in the slowing real estate sector, a top executive of the country’s biggest mortgage lender said. “Consumer sentiment is still robust. For us, there has been good growth from the … Continue reading

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Office space absorption falls in Chennai

Chennai: A looming slowdown in the IT sector and the economic uncertainty have sent absorption levels of commercial real estate space in the city into a tailspin. Chennai saw lease transactions for nearly 1.8 million square feet in the January-June … Continue reading

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Budget, luxury housing segments worst-hit in slowdown: Report

With the residential market still paralysed by slowdown, a recent study by Jones Lang LaSalle (JLL) shows the hardest hit have been housing at two extreme ends of the price spectrum. The budget homes as well as the luxury housing … Continue reading

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SC breather to Lanco Infra on township project

Hyderabad: In a major relief to the infrastructure firm Lanco Infratech, the Supreme Court on Tuesday stayed orders of Andhra Pradesh High Court issued last month that prohibited the company from continuing construction activities at its major township project in … Continue reading

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