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  • Hyderabad to add over 1 lakh residential units in coming years

    Hyderabad: Hyderabad is seeing healthy new launches in the residential sector to meet the growing housing demand year-on-year and bridging the demand-supply gap. About 1.03 lakh units are under construction, of which approximately 16 per cent will complete in 2022, 16 per cent in 2023, 15 per cent in 2024, and 53 per cent beyond […]
  • Infrastructure status to data centres will be game changer

    Hyderabad: The Union Finance Minister Nirmala Sitharaman in her Budget speech announced granting infrastructure status to data centres. The grant of infrastructure status to data centres is expected to provide access to long-term institutional funds, which will promote the investments in the sector. B S Rao, VP, Marketing, CtrlS Datacenters told Telangana Today, “The infrastructure […]
  • Hyderabad’s unsold housing stock reduces in 2021

    Hyderabad: Hyderabad’s unsold housing stock reduced to 30 months in 2021 from 52 months in 2020. Though the city added the second highest new supply in 2021 after Mumbai Metropolitan Region, the current inventory overhang indicates that the market witnessed decent sales during the year. Hyderabad saw 197 per cent increase in sales from 8,560 […]
  • Hyderabad witnesses mega land deals worth Rs 1,050 crore in 2021

    Hyderabad: Hyderabad, which has been witnessing robust growth in real estate across asset classes quarter-on-quarter, has seen two mega land deals for residential development for a total of 78 acres worth Rs 1,050 crore in 2021 so far. The two separate deals over 78 acres of land are meant for large scale residential development projects […]

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