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Property tax set to go up from Oct 1

Properties in areas where all civic amenities are in place will have to pay more property tax from October 1, 2012. The GHMC has instructed DMC'S to enhance the ARV of properties up to 100% on the present value based on amenities in the area.

Word file 24K K V Srinivasa R. Aug 7, 2012

100cr biodiversity museum to come up in Hyderabad

The foundation stone for a Rs 100 crore worth biodiversity museum in the city will be laid during the international biodiversity meet, Conference of Parties 11 (COP 11) scheduled to be held in Hyderabad this October.

Word file 24K K V Srinivasa R. Aug 5, 2012

High Court order confirms Kokapet Golden Mile Land as Govt Land

In an order that would give huge relief to the state government, the AP High Court nullified two government memos that accorded rights over 1,635 acres in Kokapet to private parties and upheld another memo that vested this land with the government.

Word file 24K K V Srinivasa R. Aug 1, 2012

32 million sq ft of office space expected to be absorbed in 2012

Large IT occupiers seeking to consolidate or relocate are expected to generate significant demand for IT SEZ and IT buildings in peripheral districts.

Word file 24K K V Srinivasa R. Jul 31, 2012

HMDA hikes development charges

The government enhanced the development charges imposed on builders for construction of buildings in the extended areas of Hyderabad Metropolitan Development Authority (HMDA) by 50 per cent.

Word file 23K K V Srinivasa R. Jul 30, 2012

H M D A cracks whips on illegal buildings in gram panchayats

H M D A has served notices to as many as 3,000 owners and builders of illegal constructions above three floors, function halls, commercial buildings and layouts in four zones of the metropolitan authority.

Word file 25K K V Srinivasa R. Jul 29, 2012

Hyderabad is poised to become a blip on the world’s defence map

Tata Advanced Systems unit will start rolling out spare parts for the C-130J, the special operations aircraft made by the US that is presently in service in 15 countries. The factory is being set up in a SEZ at Adibhatla near Hyderabad.

a .docx file 11K K V Srinivasa R. Jul 11, 2012

Should NRIs buy property in India now

NRI ends up saving nearly27%on his monthly payouts.Also, in case he remits his savings to India,he can get more rupees for his dollars.While last year,he could have gotRs45,040 for every$1k that he sent,he now stands to receiveRs57,150 for the same.

Word file 62K K V Srinivasa R. Jul 4, 2012

New Products for Indian Construction Industry

Wienerberger India, a wholly owned subsidiary of Wienerberger AG, an Austrian Building Materials major, today launched two new lines of products, Thermo Bricks and DRYFIX.

Word file 138K K V Srinivasa R. Jun 30, 2012

CMC Ltd to invest Rs 445 cr to widen presence in Hyderabad

To meet the requirement of rapid growth in future, CMC Limited, a Tata group enterprise which is into systems engineering and integration, is investing Rs 445 crore in an SEZ facility in Hyderabad. It has close to 2,500 employees in Hyderabad.

Word file 47K K V Srinivasa R. Jun 29, 2012

Tips to choose that perfect Real Estate Broker

With a Broker’s informed presence, it is easier for Buyers and Sellers to meet each other, negotiate the deal and complete the official paper work.

Word file 48K K V Srinivasa R. Jun 28, 2012

Rainwater Harvesting Your Key to Reducing Water Bills

What is rainwater harvesting? Is it a viable option for your home? Rainwater harvesting at home. Who can install the system? What does it cost? Benefits of rainwater harvesting.

Word file 75K K V Srinivasa R. Jun 24, 2012

Essential Facts Before Entering Real Estate Business

Real estate is considered to be the most fruitful investment with profitable return on investment in our country. Location is a very crucial factor which should be given priority while buying property.

Word file 34K K V Srinivasa R. Jun 22, 2012

Indian Real Estate Market And Boom

The real estate market in India is yet in a nascent stage and the scope is simply unlimited. It does not resemble a bubble that will burst. An unhindered growth for the next twenty years is almost sure.

Word file 33K K V Srinivasa R. Jun 21, 2012

Notification for HMDA plots auction soon.

The HMDA has decided to issue a notification for auctioning plots soon. The auction will be conducted through e-bidding, where people have to quote their price online.

Word file 23K K V Srinivasa R. Jun 18, 2012

Tellapur Technocity to become Reality Soon.

100 Acre Prime Commercial and Residential Township. Five years after the proposal for the development of mega integrated township at Tellapur near Ramachandrapuram, the project will finally take off soon.

Word file 24K K V Srinivasa R. Jun 9, 2012

Property Registration Charges to be increased from August.

The spurt in real estate activity in recent months has also added strength to the department’s plans to improve its revenues.“The values of apartments in RR district went up to Rs4,000 per sq. ft and this increased our revenues,”a sub-registrar said.

Word file 23K K V Srinivasa R. Jun 7, 2012

It is easier to buy a dream house today than in 1995 HDFC study

India is still facing a shortage of over a crore housing units in the urban area. Therefore, the real estate sector can contribute hugely to the economic activities in the country.

Word file 64K K V Srinivasa R. Jun 2, 2012

Estimates 50,000 job addition in 2012-13

A recent report by global realty firm Knight Frank showed that for the year ended March 2012, IT/ITeS accounted for a chunk of the 5.4 million sft space absorbed.

Word file 26K K V Srinivasa R. May 28, 2012

Rents firm up in Hyderabad by 10 to 20% in Last Quarter.

Cushman & Wakefield in its latest report and advisory states that rents have gone up from 9% to 25%. Select locations in Hyderabad, such as A.S. Rao Nagar and Punjagutta, have witnessed incremental growth of 20% over the previous quarter.

Word file 27K K V Srinivasa R. May 20, 2012

L&T to commission first phase of Hyderabad Metro Rail by 2014

India’s largest engineering and Construction Company by revenues L & T, which is implementing the country’s largest elevated metro rail project in Hyderabad, said that the first phase of the metro rail project will be commissioned by 2014.

Word file 76K K V Srinivasa R. May 4, 2012

25 lakh jobs created in labour intensive sectors.

Over 25 lakh jobs were created in the country between October 2008-December 2011 in selected labour intensive and export oriented sectors, like textiles, the Rajya Sabha was informed today.

Word file 24K K V Srinivasa R. May 2, 2012

Park Hyatt opens in Hyderabad

Hyatt Hotels announced on Friday the opening of Park Hyatt Hyderabad,the1st city Park Hyatt hotel in India.Hyderabad is one of the richest cities in India and has been named the2nd best Indian city for doing business,according to a World Bank report.

Word file 48K K V Srinivasa R. Apr 29, 2012

AP decides to develop 400 Acre Electronic Cluster in Hyderabad

Hyderabad houses around 500 electronics hardware manufacturing units, which are scattered throughout the city. This cluster will bring all the units together, and provide common logistics and facilities.

Word file 23K K V Srinivasa R. Apr 27, 2012

Home prices to undergo a wave of high appreciation after6months.

Stable demand coupled with affordable pricing, waning interest rates and higher absorption rate will enable developers to keep real estate prices firm, analysts said.

Word file 32K K V Srinivasa R. Apr 19, 2012

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