Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Hyderabad

Telangana High Court permits Budwel land e-auction under specific conditions

The Telangana High Court has allowed the Hyderabad Metropolitan Development Authority (HMDA) to proceed with the e-auction of 4.19 acres of Budwel land in Rajendranagar, which had been set aside earlier this year. The division bench suspended the single-judge order that had favoured private claimants, directing the Rangareddy district collector to decide on ownership claims by mid-December. While HMDA can continue with the auction, it cannot declare the highest bidder until after December 31. The case has been scheduled for its next hearing in January 2026.Read more

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Hyderabad construction firm faces allegations of cheating flat purchasers of INR 4.41 crore

Earlier this week, the Economic Offences Wing in Hyderabad registered a case against a Jubilee Hills-based construction company for allegedly defrauding nine flat buyers of a total of INR 4.41 crore. The complainants stated they were promised homes in Tellapur under a special pre-launch offer that included assured buy-back, but neither approvals nor construction ever materialised. The company had even conducted a symbolic ground-breaking event two years ago, yet no development followed. When the project was cancelled, buyers demanded refunds.Read more

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HYDRAA dismantles unauthorised five-storey building in Miyapur

The Hyderabad Metropolitan Development Authority (HMDA) enforcement wing, HYDRAA, carried out the demolition of a five-storey residential building located in Miyapur after it was found to have been built illegally on government land. The developers, Bhanu Constructions, had purchased a plot within an approved layout but encroached onto additional HMDA property using falsified Layout Regularisation Scheme (LRS) documents and a forged demand draft. Following an inspection that confirmed the violations, HYDRAA executed the demolition and filed a first-information report with the local police against the developers involved.Read more

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HYDRAA reclaims park and public land in Hyderabad after citizen complaints

HYDRAA has taken decisive action to curb land misuse in Hyderabad after investigating public complaints received via the Prajavani platform. Commissioner A.V. Ranganath confirmed that in Hastinapuram North Extension Colony (Karmanghat village), a 1.27-acre park area from an approved layout had been illegally sold as plots; the agency removed the encroachments, fenced the land, and installed ownership boards. In Subhash Nagar (Chandanagar circle), a 700 sq yd plot reserved for public amenities was also reclaimed and fenced. HYDRAA urged citizens to continue reporting such violations through Prajavani, highlighting that public participation and swift enforcement are key to safeguarding Hyderabad's community land and public assets.Read more

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Telangana to set up EV depots to support 2,800 electric buses in Hyderabad

The Telangana State Road Transport Corporation (TGSRTC) is preparing to build dedicated electric vehicle (EV) depots across Greater Hyderabad to support 2,800 electric buses over the next three years. Each depot will feature charging stations and high-tension power connections, with the total estimated cost of INR 392 crore. To fund the initiative, a green fee of INR 5-10 per ticket is being planned, expected to generate about INR 110 crore annually. Currently, TGSRTC operates 265 electric buses and plans to add 275 more soon. This transition aims to significantly reduce air and noise pollution in the city.Read more

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Prestige Group buys 11-acre plot in Knowledge City, Hyderabad for INR 1,556 crore

Prestige Group has set a new benchmark in Hyderabad's real estate market by acquiring an 11-acre plot in Knowledge City for INR 1,556.5 crore through a Telangana government auction. Located in Raidurg, near HITEC City and Gachibowli, the land is ideally positioned for premium office development. The auction, which raised INR 3,135 crore in total, saw strong participation from major investors, reflecting Hyderabad's rise as a global business hub. Prestige plans to expand its office portfolio to 30 million sq. ft. by 2028, aiming for INR 3,200 crore in annual rental income. This acquisition strengthens its position in India's fast-growing commercial real estate landscape.Read more

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Telangana government to acquire Hyderabad Metro Phase-I from L&T in INR 15,000 crore deal

The Telangana government has agreed to acquire Phase-I of the Hyderabad Metro Rail project from L&T Metro Rail Hyderabad Ltd (LTMRHL) in a INR 15,000 crore deal. This includes assuming INR 13,000 crore of LTMRHL's debt and paying INR 2,000 crore for L&T's equity stake. L&T's decision to exit follows financial challenges and operational difficulties. The state aims to expedite approval for Phase-II by the Government of India through this acquisition.Read more

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HYDRAA reclaims 300 acres of encroached government land in Hyderabad

The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has reclaimed over 300 acres of government land in Gajularamaram, Quthbullapur, valued at INR 15,000 crore. Originally owned by the Andhra Pradesh State Finance Corporation, the land was transferred to Telangana after bifurcation. Following public complaints, HYDRAA cleared unauthorised constructions-demolishing incomplete, fraudulent structures while sparing occupied homes of poor families-and fenced the land to prevent further encroachment. Investigations revealed land-grabbers had illegally sold small plots using fake documents, often with political collusion. Legal cases have been filed against the perpetrators. The action signals a firm stance against encroachment while safeguarding vulnerable households.Read more

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L&T plans to exit Hyderabad Metro project, seeks govt takeover via SPV

L&T is planning to sell over 90 per cent of its Hyderabad Metro stake to the Telangana or Central Government through a new SPV due to ongoing operational and financial difficulties. Delays in government support, property acquisition, alignment changes, and COVID-19 impacts have increased losses and cost overruns. Revenues declined by 21 per cent in 2024-25, while losses rose 13 per cent. Previous claims against the state reached INR 5,000 crore. L&T has also stated that it cannot participate in the upcoming Phase II-A and II-B expansions due to these financial and operational challenges.Read more

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Hyderabad: GHMC generates INR 760 crore from real estate approvals in five months

The Greater Hyderabad Municipal Corporation (GHMC) earned INR 759.98 crore from building permissions and occupancy certificates in the five months from April to August 2025, reflecting a 90% rise over the same period last year. The growth was driven by 4,389 building permissions and 1,008 occupancy certificates, facilitated through instant registration, instant approval, and single-window systems.Read more

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Apple leases 64,000 sq ft at WaveRock, Hyderabad

Apple has leased 64,125 sq ft of additional office space in Hyderabad's WaveRock Tower, strengthening its presence in the city. The lease, signed for five years, involves a monthly rent of INR 80.15 lakh with a structured warm shell and fit-out rental model. Apple has also deposited INR 4.8 crore as security, with a yearly escalation clause of 4.77%. The agreement includes parking provisions and a three-year lock-in period. With this expansion, Apple now occupies more than 5 lakh sq ft at the WaveRock campus, continuing its growth in India after recent expansions in Bengaluru.Read more

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Microsoft signs INR 5.4 crore monthly office lease in Hyderabad's financial district

Microsoft India (R&D) has secured a significant office lease in Hyderabad's financial district, occupying 264,000 square feet at Phoenix Centaurus. The five-year agreement, effective from July 2025, involves a base rent of INR 1.77 crore per month, escalating annually by 4.8%. The total monthly outgo, including additional expenses, amounts to INR 5.4 crore. This expansion underscores Microsoft's commitment to enhancing its research and development capabilities in India, particularly in Hyderabad's thriving tech ecosystem.Read more

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Hyderabad Metropolitan Development Authority to auction 93 prime plots from September 17

The Hyderabad Metropolitan Development Authority (HMDA) is set to auction 93 prime plots across Hyderabad from September 17 to 19. The plots are located in areas including Bachupally, Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, and Medipally. The upset prices range from INR 35,000 to INR 1.75 lakh per square yard. The proceeds from the auction will fund key infrastructure projects, including two elevated corridors and a greenfield radial road in Future City.Read more

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HYDRAA reclaims INR 400 crore land in Madhapur after decade-long encroachment

The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has reclaimed 16,000 sq yards of prime government land worth about INR 400 crore in Madhapur, near the Hitex arch. The land, encroached for over a decade, included parks and road areas from a 22.2-acre layout approved in 1995 and later regularized. Acting on citizen complaints via its Prajavani platform, HYDRAA cleared illegal structures, including a restaurant and hoardings, freeing two public parks, 5,000 sq yards of road, and additional government land. Fencing and signage have been installed to prevent re-encroachment, while a police case has been filed against the main offender.Read more

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Godrej Properties acquires Kukatpally land in Hyderabad for INR 550 crore

Godrej Properties has acquired around 7.82 acres of land in Kukatpally, Hyderabad, for nearly INR 550 crore through an e-auction held by the Telangana Housing Board. The company will develop a housing project on this site, with an estimated revenue potential of INR 3,800 crore. Industry observers note that the price per acre achieved in this auction is significantly higher than recent sales in the same locality, reflecting rising demand. With this move, Godrej strengthens its growing presence in Hyderabad's residential market.Read more

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Hyderabad's premium housing sales surge 17% in H1 2025

Hyderabad's premium housing segment, comprising homes priced at INR 1.5 crore and above, saw a 17% increase in sales during the first half of 2025, according to a report by global real estate firm JLL. This growth is notable as it occurred despite a 6% dip in overall residential sales across all price categories in the city. The surge is primarily driven by the city's strong IT presence, a preference for larger homes with high-end amenities, and rising affluence among tech professionals.Read more

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Hyderabad civic body intensifies action on unauthorised buildings

The Greater Hyderabad Municipal Corporation (GHMC) has intensified its crackdown on unauthorised constructions across the city following directives from the Telangana High Court. In recent months, the civic body has issued over 1,500 show-cause notices and demolished more than 200 illegal structures while sealing close to 100 buildings. Major violations include unauthorised floors, deviation from sanctioned plans, and construction without permission, with high-profile localities such as Banjara Hills and Jubilee Hills witnessing the most infractions. Officials have been instructed to seal illegal floors immediately after notices are served.Read more

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Cascades Neopolis becomes world's largest WELL v2 certified residential project

The Cascades Neopolis in Hyderabad has become the world's largest and India's only residential development to receive the WELL v2 Pre-Certification Platinum from the International WELL Building Institute (IWBI), highlighting a transformative milestone for the country's residential real estate sector. Developed by GHR Lakshmi Urbanblocks Infra LLP'a consortium of GHR Infra, Lakshmi Infra, and Urbanblocks Realty the 63-storey luxury project has been assessed across ten key wellness parameters including air, light, water, and community. It now stands as a benchmark for health-centred design, sustainability, and futuristic urban living in India.Read more

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Hyderabad to make C&D waste certificate mandatory for occupancy approvals

The Greater Hyderabad Municipal Corporation (GHMC) plans to introduce stricter rules to combat illegal dumping of construction and demolition (C&D) waste. Soon, building owners in Hyderabad will need to submit a C&D waste disposal certificate to get occupancy certificates (OCs). This move aims to reduce illegal dumping on roads and in water bodies, which is a major environmental issue. The proposed rules will require property owners to use approved C&D waste collection agencies and keep disposal records. Penalties for improper disposal will also increase, ensuring proper waste management in the city and impacting those who do not comply with the new norms.Read more

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Brigade signs JDAs for two housing projects in Hyderabad worth over INR 970 crore

Brigade Enterprises has entered into Joint Development Agreements (JDAs) with landowners to launch two luxury residential projects-Brigade Citadel 2 and Citadel - in Moti Nagar, Hyderabad. Spanning 10 acres with a development potential of 1 million sq ft, the projects will comprise 405 luxury apartments and are expected to generate over INR 970 crore in revenue. Executive Director Amar Mysore called the move a strategic expansion in one of their key South Indian markets. Brigade Group, headquartered in Bengaluru, continues to grow its footprint across southern cities, focusing on high-quality, sustainable development in residential, office, retail, and hospitality sectors.Read more

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