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Owners of TMR Marvel Villas complained to the TSRERA that the builder failed to provide basic amenities and that there was inordinate delay in completion of the project. The RERA ordered the builder to complete the works by March and imposed a fine or Rs 19.80 lakh
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North West contributes 64 per cent of total sales value with transactions amounting to Rs 19,826 crore
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The assessment’s data reveals that the number of residential properties registered in January 2025 stood at 5,444 as against 5,454 registrations in January 2024. The drop might appear small but it apparently reflects the prevailing real estate market sentiments
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Between 2023 and 2024, Hyderabad was the only city to see the average flat size decrease by 9%
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The Malkajgiri MP along with a group of people had allegedly slapped and thrashed a real estate broker at Ekashila Nagar in Pocharam Municipality
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December 2024 witnessed a 20 per cent drop in home sales registrations, contrasting with a robust 7 per cent year-on-year increase for the year
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Spread over 3 acres at Kokapet, the project will have around 12 lakh square feet of saleable area with an estimated booking value of about Rs 1,300 crore
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Hyderabad real estate, which exhibited a rare resilience while withstanding the stress and strain of factors such as global financial crisis and Covid pandemic that left many major cities reeling, now seems to be stumbling badly
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Since its inception in 1997, evolving from the Builders Forum with 28 members to CREDAI Hyderabad with 330 members, the organization has been instrumental in driving positive changes in the city's urban development. The occasion also saw the honoring of its founder members.
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Sales of properties priced at Rs 4 crore and above dropped sharply to 200 units in Q3 2024, down from 630 in the same period last year - a staggering 68 per cent decline.
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Anarock’s report reveals that a total of 25 ultra-luxury homes were sold across major Indian cities, including Mumbai, Hyderabad, Gurugram, and Bengaluru, during January-August.
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In 2019, the average price in Kokapet was Rs 4,750 per sq. ft., which surged to Rs 9,000 per sq. ft. by the first half of 2024
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The city's affordability ratio, which compares the EMI to income, stood at 30 per cent in the first half of 2024, maintaining the same level as in 2023.
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Hyderabad appears to be dropping out of realty radar with a drastic drop in sales, which Anarock data puts at 23 per cent.
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The buzz over real estate prospects in Hyderabad gathered steam as TDP chief and Andhra Pradesh CM designate N Chandrababu Naidu declared Amaravathi as the State capital.
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The registrations were predominantly for apartments in the size range of 1,000 to 2,000 square feet, constituting 70 per cent of all registrations.
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The son of Revenue Minister Ponguleti Srinivas Reddy’s brother Prasad Reddy got married with the daughter of P. Mahinder Reddy, brother of BRS MLC P Venkat Rami Reddy, in Bahrain on Wednesday, Vasanta Panchami, a day considered auspicious.
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This represents a marginal decline of 1 per cent compared to the previous year.
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The total value of properties registered during the month stood at Rs. 3,279 crore, which is higher by 24% YoY, indicating a movement towards sale of higher value homes.
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Compared to same period last year, the value of homes sold had gone up considerably in the first nine months of year 2023.