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Archive for the 'Hyderabad Real Estate News' Category

Hyderabad may have Indoor Entertainment Plaza’s soon

According to an article published in the Business Standard: "the state tourism department is likely to build an indoor entertainment plaza in public-private-partnership at Lower Tank Bund in the city." The report further notes, "the project at Durgam Cheruvu in Hyderabad would come up in 2,345 square yards and at Sagar Nagar, Visakhapatnam, it would [...]

Some builders lowering floor height

According to an article published in the Times of India: Taking a leaf from builders of Mumbai and Delhi, developers in Hyderabad too are now squeezing in some extra floors into their residential projects by making heights of floors shorter. Ignoring construction guidelines prescribed by the National Building Code, city developers are now building flats [...]

Good demand observed for high end homes

A recent report published in the Times of India notes, "the sale of the ailing middle class housing schemes in the city could have dropped to an all time low with most projects finding no takers even after a 30-40 per cent slash in price. Doing well, however, is the premium realty segment of Hyderabad [...]

HMDA to auction small sized plots soon

"Buoyed with response to the recent auction of plots, the Hyderabad Metropolitan Development Authority (HMDA) has decided to cash in on the trend by developing new layouts with smaller plots in the next round of land auction. The authority is contemplating to conduct another round of land auction in April and has started identifying land [...]

March 2011 Property Tax update

According to an article published in the Times of India, "Residents of surrounding municipal circles will be the first to get revised property tax demand notices. The Municipal Administration and Urban Development (MA&UD) had recently removed the cap on property tax. Similarly, commercial properties in the core city (erstwhile Municipal Corporation of Hyderabad) would have [...]