Mindspace Business Parks REIT has added an 8 lakh sq ft commercial asset, 'Q-City', in Hyderabad's Financial District to its portfolio for INR 512 crore. The acquisition, finalized through a 100% stake in Mack Soft Tech Pvt Ltd, marks the company's first large external buy. With this move, Mindspace's total portfolio grows to 37.9 million sq ft, reinforcing its footprint in India's fastest-growing Global Capability Center hub. The asset was acquired at an 11.6% discount and reflects a 9.9% capitalization rate, signaling strategic capital deployment.Read more

TGRERA has fined Hyderabad-based Bhuvanteza Infra Projects INR 6.45 lakh for illegally marketing and selling units in its "Happy Homes" project in Shamirpet without RERA registration or necessary approvals. Buyers had alleged that the developer collected advances between 2020 and 2023, often without issuing receipts. Following an inquiry, the regulator declared the project unauthorised and ordered a halt to all sales, marketing, and construction activities. Bhuvanteza must now refund the buyers with 11% annual interest within 90 days. This isn't the firm's first violation-TGRERA had earlier penalised it INR 14.9 lakh for similar issues in another project, where 62 homebuyers were also owed refunds.Read more

India will host the 7th International Real Estate Conference (IREC) in Hyderabad in September 2026, marking a major win for the country's property sector. Organized by NAR-INDIA and Hyderabad Realtors Association, the event will bring together over 600 global real estate leaders, investors, and policymakers. NAR-INDIA secured the bid at IREC 2024 in Kuala Lumpur, where India's potential drew strong investor interest. IREC 2026 will spotlight Hyderabad's smart-city progress, host investor roundtables, and showcase landmark projects. With themes like proptech, ESG, and global investment, the event highlights India's growing leadership in real estate. High-level government participation and global media coverage are also expected.Read more

GMR Hyderabad International Airport Ltd (GHIAL) has launched a INR 5,843 crore expansion at Rajiv Gandhi International Airport to meet rising traffic. The plan includes a new 225,000 sq. m terminal primarily for domestic use, a 3,800-meter runway for low-visibility operations, and a 650-meter cross taxiway for wide-body aircraft. Aircraft stands will increase to 163 and parking bays to 5,590. A second cargo terminal (50,000 MT capacity) costing INR 160 crore is set to open by July. The existing terminal is also being expanded at INR 427 crore. A 31-km metro line from Mindspace to the airport is planned to boost access, with GHIAL supporting the initiative. AERA will determine revised tariffs.Read more

Hyland, the creator of The Content Innovation Cloud, has inaugurated its new office in Hitech City, Hyderabad, reflecting a pivotal step in its global expansion drive. The new centre aims to serve as a strategic innovation hub, empowering Hyland to cater effectively to clients across the Asia Pacific region. The facility, which complements the company's existing presence in Kolkata, will focus on product development, customer success, and technical support while creating key employment opportunities and drawing from Hyderabad's vast tech talent pool.Read more

The Telangana government has unveiled plans to significantly expand the Hyderabad Metro Rail network by adding new corridors and extending existing lines. The initiative aims to meet rising transportation demands driven by rapid urbanisation and population growth. The expanded metro will connect key residential, commercial, and IT zones, promoting easier daily commutes and reducing traffic congestion. This development reflects the state's focus on sustainable, eco-friendly infrastructure, with expectations of lowering citywide pollution levels. Since its inception, the Hyderabad Metro has transformed public transport in the city; the planned expansion is set to further boost passenger capacity and network coverage. The project is also expected to drive economic activity in newly connected areas, support real estate growth, and enhance accessibility. Positioned as a key pillar of Telangana's smart city and sustainable development goals, the metro expansion underscores the state's long-term urban mobility strategy.Read more

Hyderabad's residential real estate sector encountered a slowdown earlier this year, with overall home sales dropping by 12% compared to the previous year. The total registration value also dipped marginally by 4%. However, the premium housing segment defied this trend, showing a notable increase in both sales share and value contribution. Properties priced above INR 1 crore rose to represent 20% of all registrations, up from 17% a year earlier, and accounted for over half of the total registration value. Demand for larger homes continued to grow, reflecting a clear buyer preference for more spacious and upscale residences.Read more

The Hyderabad Metropolitan Development Authority (HMDA) is intensifying its land pooling initiatives to bolster revenue and streamline urban planning. Currently, three projects encompassing approximately 300 acres are underway in Pratap Singaram, Lemur, and Inmulnarva. Additionally, four more schemes covering 540 acres are slated for launch in Qutubullapur, Thimmaiguda, Korremula, and Kurmalguda. These projects aim to provide farmers with 60% of the developed plots, while HMDA retains 40%, ensuring mutual benefits. The land pooling model has led to significant appreciation in land values, with prices in Inmulnarva soaring from INR 8,000 to INR 20,000 per square yard post-development. This approach not only offers farmers higher returns but also facilitates efficient infrastructure development without the need for government land acquisition.Read more

Tata Consultancy Services (TCS) has signed a 15-year lease for 1 million sq ft of office space at Paradigm Rajapushpa in Hyderabad's Financial District, highlighting the city's growing prominence as a tech and business hub. The lease, starting October 1, 2024, carries a monthly rent of INR 4.3 crore with a 12% annual escalation and an initial 11-month rent-free period. TCS paid a security deposit of INR 26.22 crore. This move aligns with Hyderabad's rising demand for large office spaces, driven by Global Capability Centers and tech firms. With 12 million sq ft leased in 2024, Hyderabad's commercial real estate sector continues its strong growth trajectory.Read more

Hyderabad's residential real estate market has seen a sharp downturn, with home sales falling by 58% in Q1 FY25 year-on-year and by 38-43% over the past three quarters. Luxury housing, once a key growth segment, now faces a glut, with over 28,000 unsold units and 20 months of inventory. The city also leads in office space vacancy among India's top seven metros, with 28 million sq ft lying vacant. Developers are shifting focus toward affordable housing and delaying premium launches. In contrast, Pune and Bengaluru continue to show resilience, driven by steady demand and robust employment trends.Read more

McDonald's has leased 1.56 lakh sq ft in RMZ Nexity, Hitec City, Hyderabad, to set up its first Global Capability Centre (GCC) in India, marking a strategic shift toward backend operations. The five-year lease, starting February 2025, includes a INR 1.43 crore monthly rent and a 15% hike after three years. This move is expected to create 2,000 jobs. Hyderabad continues to attract global firms due to its skilled talent pool, affordable rentals, and strong infrastructure. With rising GCC activity and over 14 million sq ft of leasing recorded in Q1 2025 alone, the city is emerging as a major office space hub.Read more

The Greater Hyderabad Municipal Corporation (GHMC) is considering a property tax hike for individuals and establishments that engage in illegal garbage dumping. By integrating unpaid waste disposal fines into property tax dues through a Comprehensive Challan Management System (CCMS), GHMC aims to enforce stricter compliance. The initiative includes automated penalty generation linked to Property Tax Identification Numbers (PTINs), SMS notifications, and UPI payment options. Enhanced surveillance measures, including special monitoring teams and CCTV installations, are also being implemented to identify and penalize violators.Read more

A young boy's complaint about losing a local cricket ground sparked a major land reclamation drive in Hyderabad. He alerted HYDRAA about illegal development on a disputed plot in Raidurg and nearby lake-filling for housing. A swift inspection revealed that Narne Estates had begun unauthorized sales and construction without approvals. HYDRAA demolished the structures and filed a police case. On the same day, HYDRAA uncovered a larger land grab in Hafeezpet, where Vasantha Homes illegally developed 39.2 acres of government land using fake records. These actions highlight growing concerns over encroachments and stress the need for strict enforcement and transparency in urban development.Read more

Lulu International Shopping Malls has acquired Manjeera Retail Holdings, owner of Manjeera Mall in Hyderabad's Kukatpally, following a National Company Law Tribunal (NCLT) ruling. The acquisition stemmed from insolvency proceedings initiated after loan defaults, with creditors claiming INR 317 crore. Lulu's INR 318 crore resolution plan was approved by the committee of creditors and ratified by the NCLT. Previously operating under lease, Lulu now fully owns the mall, enhancing its Hyderabad presence. The move is seen as a strategic step amid broader retail restructuring in India, promising improved mall management, brand offerings, and a revitalised retail experience for local shoppers.Read more

Telangana IT and Industries Minister D. Sridhar Babu announced three new master plans-comprehensive mobility, economic development, and blue-green infrastructure-as a part of the Mega Master Plan 2050 for Hyderabad's metropolitan region. The existing five master plans are nearing their expiration, prompting the government to engage the global consultancies for the new plans. The government aims to make Hyderabad a model for sustainable development through the projects like metro expansion, Musi rejuvenation, and improved utilities. With rapid urbanization, 18 new municipalities and 75 gram panchayats are being added.Read more

McDonald's has chosen Hyderabad as the site for its India headquarters and Global Capability Centre (GCC), following a competitive selection process that saw the city triumph over rivals like Bangalore. This strategic move is expected to create 2,000 jobs in its initial phase. The American fast-food giant plans to leverage Telangana's skilled workforce and infrastructure while expanding its local restaurant network. The Telangana government is also looking to strengthen this partnership by offering agricultural produce sourcing and workforce training via state-backed skilling programs, further anchoring McDonald's growing footprint in the region.Read more

Hyderabad's residential property market saw a 16% year-on-year decline in registrations this February, with 5,900 units recorded compared to 7,135 units last year. The total property value also dropped by 10% to INR 3,925 crore, according to data from the Telangana Registration and Stamps Department. However, month-on-month registrations rose 10%, signaling improving buyer sentiment. The mid-segment market (INR 50 lakh-1 crore) fell by 15%, while luxury homes (INR 1 crore+) rose slightly by 1%, making up 18% of total sales. Demand shifted toward larger homes, with 67% of buyers choosing properties between 1,000-2,000 sq ft. Rangareddy and Medchal-Malkajgiri districts dominated transactions, and premium deals exceeding INR 6 crore surged in Central Hyderabad, reflecting growing luxury housing demand.Read more

The South Central Railway (SCR) has invited expressions of interest to develop vacant railway land across eight prime locations in Hyderabad, including Lallaguda, Mettuguda, Arts College, Alwal, and Uppuguda. Spanning over 7,000 square meters, these properties will be converted into commercial spaces such as fitness centers, food courts, function halls, drive-ins, and retail stores. This initiative aligns with Indian Railways' broader land monetization strategy, similar to projects in Mumbai, Delhi, and Howrah. Additionally, SCR is redeveloping Secunderabad Railway Station with a INR 720 crore investment to enhance infrastructure and operational efficiency.Read more

Smartworks Coworking Spaces Limited has leased 2.2 lakh sq ft at DLF Cyber City, Gachibowli, Hyderabad, expanding its city footprint beyond 10 lakh sq ft. This marks Smartworks' fourth center in Hyderabad, adding to its presence in Raidurg, Kondapur, and Madhapur. Located in the IT corridor, the new space offers excellent connectivity to HITEC City, Outer Ring Road, metro, and the airport. The move follows a 4.7 lakh sq ft lease in Gurugram earlier this year. With 9.12 million sq ft across 45 centers in 13 cities, Smartworks remains India's largest managed campus operator.Read more