"real-estate"

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.

Post COVID there was a rise in farm plots sales and most of these were coming up in the conservation zones.

Typically, the Dasara season is viewed as an auspicious time for buyers, builders, and developers, with a notable increase in inquiries and bookings for new properties, including flats and plots. However, this season, the real estate sector, particularly in Hyderabad, has seen a lack of enthusiasm and activity.

On the social media platform X, he blamed the 42% decline in the housing market on the policies and actions of Chief Minister A Revanth Reddy’s administration. He highlighted a significant 42% drop in Hyderabad’s housing market within just the third quarter of the year.

A few managements are even being forced to issue public statements stating that their properties were not in such encroached or illegal areas

According to PropTiger.com's latest report, "Real Insight Residential – April-June 2024," the city experienced an overwhelming 58 per cent drop in new housing units, making it the biggest loser among the top eight cities.

The State government also issued orders appointing former IAS officer Chitra Ramachandran and Advocate Pradeep Kumar Reddy Palle as Members of the Telangana Real Estate Appellate Tribunal.

They were identified as Guguloth Chandrashekhar (23), a resident of Kondapur in Dholmitta mandal, Agulla Srinivas (36) and Kadari Jalandhar (34).

Illegal layouts cause losses to the government as the developers evade various taxes.

The company revealed an impressive development potential of 3 million square feet (msf) in Hyderabad. This marks a substantial expansion in DLF's real estate portfolio.

Data from the Integrated Grievance Redressal (IGR) Telangana, compiled by Square Yards for Q4 2023 (October to December), highlights a dynamic real estate landscape marked by substantial transactions across diverse micromarkets.

Despite the anticipated decrease in affordability levels from their zenith, Hyderabad's residential sector is all set to experience robust market activity well into 2024

The city's expansion in the technology sector and industrialization has become a catalyst for the proliferation of residential development, notably in proximity to key office micro-markets such as the IT Corridor and Extended IT Corridor in the western part of Hyderabad.

The city has seen a sharp decline in the sales of affordable homes during Q3 2023, spanning from July to September

The latest data from Anarock Research reveals that Hyderabad experienced 60 per cent annual increase in new housing supply.

Overall, across the country, the green compliant office stock too has registered a growth.

Homebuyers' body FPCE has suggested that concessions to real estate developers should be provided only for legacy stalled housing projects.

Two employees of a cash management agency siphoned off Rs. 1.37 crore over last two years, spent the money lavishly before approaching the management and admitting their guilt.

The RERA issued show cause notices to five companies involved in real estate projects for violating norms and ordered them to reply within 15 days.

The regulatory authorities of 30 States/UTs have operationalised their websites under the provisions of RERA.