Oaktree Capital Management, a leading global investment firm, has opened a new office in Hyderabad's HITEC City, highlighting its commitment to India and its skilled workforce. The expansion aims to strengthen operations and service delivery. Co-Chairman Howard Marks praised Hyderabad's business environment and talent pool. Oaktree, a major investor in India's private credit space, has deployed over $4 billion since 2018. The Hyderabad office is its second in India, following Mumbai's 2023 launch. With $202 billion in assets under management, Oaktree operates in 24 global cities, focusing on credit, equity, and real estate investments.Read more
Casagrand, a prominent real estate developer in South India, revealed its strategic expansion plans aimed at consolidating its presence in the Hyderabad market. The company announced the addition of 2.74 million square feet of residential developments across key locations such as Mankhal, Attapur, Gowdavalli, and Kompally. Following the successful launch of Casagrand Hanford in Mamidipally in 2023, Casagrand has introduced two additional projects-Evon in Kompally and Windsor Court in Mankhal-both catering to buyers seeking quality and exclusivity.Read more
Hyderabad Metro Rail Limited (HMRL) has announced that residential apartment complexes can now be connected to Metro stations via skywalks to enhance pedestrian safety and reduce traffic congestion. Several skywalks already exist, linking Metro stations to malls and business hubs. New projects will connect Dr. Ambedkar Balanagar Metro station to Phoenix Mall and LB Nagar station to Vasavi Anandanilayam. Discussions are ongoing for additional skywalks at Nagole, Durgam Cheruvu, and Kukatpally. This initiative aims to boost Metro usage, decrease private vehicle dependency, and create a more pedestrian-friendly Hyderabad.Read more
The Greater Hyderabad Municipal Corporation (GHMC) has issued red notices to 60% of commercial establishments to recover overdue property taxes. Despite repeated reminders, 1.5 lakh properties have defaulted for two to three years. Additionally, GHMC has served distress warrants to 75 properties with decade-long dues. With unpaid taxes exceeding INR 10,000 crore, the corporation faces financial strain. Efforts include official notices, SMS reminders, and legal action against defaulters. GHMC has collected INR 1,470 crore this fiscal year and aims to surpass INR 2,000 crore. It will conduct 'Property Tax Parishkaram' every Saturday until March 29 to resolve taxpayer grievances.Read more
The Greater Hyderabad Municipal Corporation (GHMC) sealed the Taj Banjara Hotel in Banjara Hills over INR 1.43 crore in unpaid property taxes. The hotel, non-operational for two years, made an immediate partial payment of INR 52 lakh, reducing the outstanding amount to INR 91 lakh, which is expected to be cleared by March 10. GHMC has been tightening tax enforcement, surpassing last year's collection by INR 42 crore, with INR 827 crore collected for 2024-25. The action against Taj Banjara underscores the city's strict stance on tax defaulters, impacting commercial properties facing financial or legal challenges.Read more
Hyderabad's residential market is witnessing a shift towards premiumisation, as highlighted by Knight Frank India. While overall property registrations remained stable, the total value increased by 5% year-on-year. Homes priced above INR 1 crore saw a 12% rise in registrations, indicating strong demand for high-value properties. Medchal-Malkajgiri led with 45% of registrations, followed by Rangareddy at 41%. The weighted average price of homes rose by 3%, with Medchal-Malkajgiri experiencing an 11% increase. High-value transactions above INR 5.5 crore involved larger properties exceeding 3,000 sq ft, reinforcing the preference for premium housing driven by economic stability and evolving buyer aspirations.Read more
Survey and investigation works for Hyderabad's Metro corridors from JBS to Medchal and Shamirpet are progressing swiftly, with studies on traffic patterns, soil conditions, and environmental impact nearing completion. Traffic surveys assess commuter trends, while soil tests ensure structural stability, with 14 tests completed on the JBS-Medchal route and 11 on JBS-Shamirpet. Environmental assessments focus on air quality, noise pollution, and biodiversity. The 24 km JBS-Medchal and 21 km JBS-Shamirpet corridors will enhance connectivity. Detailed project reports (DPRs) are expected by March-end for state approval, marking a key milestone in Hyderabad's metro expansion efforts.Read more
The Greater Hyderabad Municipal Corporation (GHMC) has introduced new demolition procedures in line with Supreme Court guidelines to ensure transparency and accountability. Affected parties will now receive a 15-day notice and a personal hearing before demolition, with all actions video-recorded. Notices will also be sent to district collectors in Hyderabad, Rangareddy, Medchal-Malkajgiri, and Sanga Reddy. Builders must now secure Occupancy Certificates before granting occupancy, and financial institutions will verify approvals before sanctioning loans. GHMC will conduct regular site inspections to prevent unauthorized constructions, aiming to enhance urban governance and regulatory compliance.Read more
Hyderabad's office market is poised for significant growth, with total stock expected to exceed 200 million sq. ft. by 2030, according to a CBRE and HYSEA report. Currently contributing 15% of India's office space and 18% of its green-certified offices, Hyderabad has tripled its office stock since 2014, reaching 137 million sq. ft. by December 2024. In 2024, the city absorbed 12.3 million sq. ft., led by the tech sector (31%), life sciences (21%), and flexible space operators (14%). As a key hub for Global Capability Centers, Hyderabad continues to attract multinational firms, reinforcing its commercial real estate prominence.Read more
The Greater Hyderabad Municipal Corporation (GHMC) faces a severe financial crunch as property tax arrears from residents and government departments have piled up to INR 5,500 crore. Despite being the primary source of revenue, nearly 7 lakh property owners have failed to clear dues over the past eight years. The civic body has issued 4 lakh distress warrants to defaulters but is hampered by the absence of a one-time settlement scheme from the state government. Government departments, including the secretariat and South Central Railway, owe INR 4,400 crore, with dues dating back to 2001. GHMC aims to recover pending taxes through door-to-door collection drives, legal measures, and frequent reminders.Read more
The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has intensified its efforts to tackle land encroachments in Shamshabad, conducting two major demolition drives. A 998-square-yard public park in Southern Paradise and a 33-foot-wide road in Captain Town-2 Colony were cleared of illegal structures. HYDRAA Chief AV Ranganath emphasized strict action against unauthorized land use to safeguard public spaces. The agency is working with local authorities and has launched a hotline for residents to report encroachments, reinforcing Hyderabad's commitment to sustainable urban planning and protecting community infrastructure.Read more
The Telangana government is planning two new IT parks to expand Hyderabad's tech footprint, similar to HITEC City. IT Minister D. Sridhar Babu announced a land allocation policy to prioritize investments generating jobs. A location study is underway, with a focus on connectivity and infrastructure. Dew Software has committed INR 100 crore for a facility creating 900 jobs. With global tech giants already established in the city, the new parks aim to attract further investment and reinforce Hyderabad's position as a leading IT hub. The initiative is expected to generate thousands of jobs and drive economic growth.Read more
The 'India Market Monitor Q4 2024' report by CBRE highlights Hyderabad's growing influence in India's residential real estate sector, contributing significantly to the 63% of new unit launches driven by Mumbai, Pune, and Hyderabad. The city accounted for 13% of Q4 launches, reflecting a 10% quarter-on-quarter increase. Hyderabad's housing market witnessed robust growth across all segments, with rising demand for properties priced above INR 2 crore, fueled by its thriving IT economy, improved infrastructure, and progressive policies. Mid-end housing made up 40% of total sales, while luxury housing gained a 9% share in Q4. Industry leaders, including Anshuman Magazine of CBRE and Shishir Baijal of Knight Frank India, attribute Hyderabad's continued success to strong market fundamentals and increasing buyer interest in premium offerings. Looking ahead, Hyderabad is set to maintain its momentum as a key real estate hub in 2025 and beyond.Read more
Hyderabad-based proptech startup Landeed has raised USD 5 million (approximately INR 43 crore) in a Series X funding round, with participation from major investors like 10x Founders Fund, Oliver Jung, Paradigm Shift, Pioneer Fund, and Snapdocs founder Aaron King. The funds will be used to develop Landeed Labs, an AI and machine learning division focused on advancing property title search and real estate transactions. This funding follows an earlier oversubscribed seed round in 2023, which was one of the largest in the proptech space. The startup also plans to use the money to strengthen its technical team.Read more
Amazon Web Services (AWS) has committed to investing INR 60,000 crore in expanding its data centres in Telangana, particularly in Hyderabad. The investment, announced during the World Economic Forum (WEF) 2025 in Davos, Switzerland, aims to enhance AWS's cloud infrastructure and support the growth of AI services in India. The company has already invested USD 1 billion to develop three operational sites in the state and has requested additional land to continue its expansion. AWS's ongoing investment further strengthens Hyderabad's position as a central hub for data centres in India.Read more
CtrlS Datacenters, Asia's largest Rated-4 datacenter company, has announced plans to develop a 40-acre Datacenter Park at the upcoming Chandanvelly Industrial Park near Hyderabad. The new facility is set to boost the company's capacity and position Hyderabad as a major hub in India's rapidly growing datacenter industry. The planned facility will have an IT load capacity of over 600 MW, significantly enhancing Hyderabad's current datacenter capacity, which is estimated at 52 MW.Read more
Home sales registrations in Hyderabad grew by 7% year-on-year (YoY) in 2024, according to Knight Frank India. The total transaction value rose by 23% during the same period. The residential market spans Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy districts. It showed a shift towards premium homes, with a 58% YoY increase in registrations for properties above INR 1 crore. In December 2024, 5805 properties were registered. This marked a 5% month-on-month (MoM) rise but a 20% YoY drop. Despite the decline, the city's demand for larger homes and better amenities remained strong.Read more
The Hyderabad Metropolitan Development Authority (HMDA) plans to raise INR 20,000 crore to finance major infrastructure projects, including two elevated corridors, a cable bridge, and nine radial roads linking the Regional Ring Road. To facilitate this, HMDA has invited expressions of interest (EOI) to appoint an advisor-cum-merchant banker for fund mobilisation via bond issuance. The advisor will oversee structuring, credit enhancement, and legal processes. With an immediate requirement of INR 5,000 crore, HMDA aims to pledge assets to attract investors after shelving its initial land auction plans due to weak market conditions.Read more
CapitaLand Group, a Singapore-based real estate giant, is investing INR 450 crore to develop a 1 million sq ft IT park in Hyderabad. The decision was finalized in a high-level meeting with Telangana Chief Minister A Revanth Reddy and IT Minister D Sridhar Babu in Singapore. The park aims to cater to Global Capability Centers (GCCs) and blue-chip firms, reinforcing Hyderabad's position as a global tech hub. CapitaLand is also developing a 25 MW data center and redeveloping International Tech Park Hyderabad (ITPH), showcasing its long-term commitment to the city's economic growth.Read more
Sanofi Healthcare India, a subsidiary of the global healthcare giant Sanofi, has secured a lease for 270,000 sq ft of office space in Hitech City, Hyderabad. The lease, which began on January 1, covers six floors of the RMZ Spire-Tower 110. The agreement, registered earlier this month, includes a monthly rent of INR 75 per sq ft, amounting to INR 2.05 crore. The healthcare company has also paid a security deposit of INR 15.3 crore and committed to a five-year lock-in tenure with a provision for a 15% rent increase after three years.Read more