Archive for the ‘Hyderabad’ Category

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…

Green infra projects will soon get 20% rebate in Hyderabad

By Accommodation Times Bureau
Hyderabad
The M T Krishna Babu, commissioner, Greater Hyderabad Municipal Corporation (GHMC) said that, “the high-rise green building projects in Hyderabad will soon get 20% rebate on city level impact fee,” we have proposed the matter and soon it will be implemented in the forthcoming months. The fee is collected for ground plus [...]

Govt. of AP undertakes Hyderabad Metro Rail Project

By Accommodation Times Bureau
Hyderabad: Government of Andhra Pradesh has undertaken the Hyderabad Metro Rail Project in three traffic corridors of the city spanning over 71 km such as Miyapur-LB Nagar (28.87 km – 27 stations), JBS-Falaknuma (14.78km – 16 stations) and Nagole-Shilparamam (27.51 km – 23 stations). The Project is being executed in PPP [...]

Hyderabad 3rd most affordable office location in 2011: Study

NEW DELHI: Hyderabad has emerged as the world’s third most affordable office location in 2011 in a list prepared by global realty consultant DTZ, which has also named Chennai and Pune among the top five such positions. According to DTZ’s la…

Bangalore: Just about Office….Office.

While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. [...]

Hyderabad

PROPERTY RATES
Approximate selling price per sq.ft. rates in rupees (builtup/super builtup area) of Residential and Commercial (including Shopping) in Mumbai and Navi Mumbai updated upto 15th March 2012. Rates may be more by 50 to 100 % depending on  location, amenities, etc. These rates are not applicable in slum areas and public premises where  the [...]

Real estate firm director among six held for cheating

Hyderabad Police have arrested six persons, including director of a real estate firm, in Ongole town of Andhra Pradesh on charge of cheating people under multi-level marketing money circulation schemes suspected to be involving several crores. The accu…

Cities will become taller as Plan panel seeks higher floor space index.

The skyline of Indian cities could soar as the government considers permitting vertical growth with the aim of checking runaway realty prices and generating resources to upgrade urban infrastructure for future growth. A Planning Commission steering committee, in its draft report, has recommended providing additional FSI (floor space index; the ratio between built-up area and plot size) as development rights, but said [...]

Soon property registration online in Hyderabad

By Accommodation Times Bureau
Hyderabad
Soon property owners no longer have to wait in long queue at sub-registrar’s office for registering their properties. As Hyderabad government will soon come out with online property registration option on the lines of slot booking for passport applications, the stamps and registration department has eased the property registration process, according to [...]

CAG exposes multi-crore AP land scam

Hyderabad: The “benevolence” of the Congress government in Andhra Pradesh in allocation of land (irregularly) for different purposes has caused enormous monetary loss running into several thousand crores of rupees between 2006 and 2011, the…