30 Jan 2025

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

30 Jan 2025

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

29 Jan 2025

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

29 Jan 2025

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

24 Jan 2025

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

23 Jan 2025

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

Arun Nair

22 Jan 2025

The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has reshaped the real estate landscape in Hyderabad by aggressively addressing illegal constructions and encroachments. With actions such as demolitions on lake buffer zones, unauthorised high-rises, and encroached public assets, HYDRAA has reclaimed nearly 200 acres and resolved thousands of complaints. While the initiative has brought regulatory rigour, it has also heightened awareness among property buyers, prompting them to demand transparent legal documentation. Real estate developers have adjusted strategies to comply with regulations. However, HYDRAA's stringent measures have also sparked debates about their scientific rationale and implementation. While challenges remain, HYDRAA's mission reflects a commitment to building a future where Hyderabad grows responsibly and sustainably.Read more

20 Jan 2025

The Hyderabad Disaster Response and Asset Monitoring and Protection Agency (HYDRAA) demolished 13 illegally constructed villas near Neknampur Lake in Manikonda, including six completed structures and seven under construction. Built within the lake's Full Tank Level (FTL) and buffer zones, these structures violated environmental regulations despite previous demolition efforts. HYDRAA Commissioner A.V. Ranganath emphasized the need for stricter enforcement to prevent such violations. Environmentalist Madhulika Chaudhary highlighted the ecological impact and called for clearer boundary markings for the 108-acre lake. This action reflects Hyderabad's ongoing struggle to balance rapid urbanization with the preservation of its vital ecosystems.Read more

17 Jan 2025

Hyderabad's Grade A office space market faces rising vacancy rates, projected to reach 24-24.5% by March 2026, up from 14.1% in March 2023, according to ICRA. Despite a 14% CAGR in office supply between FY 2017-2024, demand, driven primarily by IT and financial services, remains constrained at 9-12 million sq. ft. annually. Key areas like Hitech City are maintaining stable vacancies at 9.5-10%, while Gachibowli and the Financial District may see vacancies soar to 25-30%. As Hyderabad's share of India's office supply grows from 15% to 17%, stakeholders must adapt to tenant preferences for sustainable, tech-enabled spaces in a competitive market.Read more

14 Jan 2025

HYDRAA officials demolished an illegal five-storey building in Ayyappa Society, Madhapur, citing severe breaches of building regulations and environmental concerns. The building, constructed on a 684-square-yard plot, lacked required parking, had a cellar illegally converted into a kitchen, and violated setbacks and drainage norms. The structure was also polluting a nearby lake. The demolition followed show-cause notices from GHMC and directives from the Telangana high court. HYDRAA is continuing its crackdown on unauthorized constructions across the city.Read more

10 Jan 2025

Hyderabad's Metro Phase 2 expansion achieved a key milestone with the distribution of INR 20 crore in compensation to 41 property owners in the Old City. Transport Minister Ponnam Prabhakar and MP Asaduddin Owaisi led the cheque distribution, marking progress on the seven-and-a-half-kilometre stretch of Corridor-6, estimated at INR 2,741 crore. Authorities determined a compensation rate of INR 81,000 per square yard, with additional rehabilitation benefits under the Relief and Rehabilitation Act. Chief Minister Revanth Reddy instructed officials to expedite the project, expected to enhance connectivity to iconic locations like Charminar. Groundwork, including barricade installation and utility relocation, is underway.Read more

09 Jan 2025

Telangana Chief Minister A. Revanth Reddy has greenlit Metro Rail expansions to Hyderabad's outskirts, targeting Medchal and Shameerpet with 45 kilometers of new routes. The proposed corridors-23 km from Paradise to Medchal and 22 km from JBS to Shameerpet-aim to ease traffic and boost connectivity in growing areas like Bowenpelly, Kompally, and Kharkhana. Hyderabad Airport Metro Limited (HAML) will submit Detailed Project Reports within three months, aligning with the state's Phase-2 Metro plans. The expansion promises reduced commute times, economic growth, and environmental benefits, enhancing public transport for North Hyderabad's rapidly developing neighborhoods.Read more

07 Jan 2025

Hyderabad's illegal construction problem has prompted the Greater Hyderabad Municipal Corporation (GHMC) to adopt stringent measures, including technology integration and stricter penalties. Following Telangana High Court orders, GHMC plans to track violations through an online platform, enforce a 400% penalty on offenders, and mark unauthorized structures in encumbrance certificates to deter buyers. Illegal constructions exacerbate urban issues like waterlogging and traffic congestion, often involving unapproved floors or residential-to-commercial conversions. GHMC's new guidelines aim to ensure sustainable urban growth and compliance with planning norms. Success depends on consistent enforcement, public awareness, and departmental collaboration to address this persistent urban challenge.Read more

06 Jan 2025

The Indiramma housing scheme is offering beneficiaries the flexibility to design their homes. The government will provide INR 5 lakh in financial assistance for constructing up to 400 sq ft, including a mandatory kitchen and toilet. Those wishing to expand beyond 400 sq ft can use personal funds. In its first phase, nearly 5 lakh eligible land-owning families will benefit. Ongoing surveys are verifying land and applicant details, with over 35 lakh of 80 lakh applications already reviewed. The state has pledged to support applicants denied central funding and is exploring options for material procurement assistance. The scheme emphasizes empowerment, autonomy, and housing accessibility.Read more

02 Jan 2025

Meta has renewed its lease for 367,000 sq ft of office space at The Skyview in Hyderabad's Hitec City for five years, with a total rental outlay exceeding INR 170 crore. Monthly rents surpass INR 2.8 crore, with a 15% hike slated for 2026. The renewed lease underscores Meta's commitment to its Hyderabad operations, a key hub for its workforce in India. This move reflects a broader trend of multinational corporations securing prime office spaces in India's thriving commercial hubs, driven by robust IT infrastructure and skilled talent. Similar lease renewals by Nvidia and CA Technologies highlight the sector's resilience and growth.Read more

31 Dec 2024

The Greater Hyderabad Municipal Corporation (GHMC) has sanctioned a INR 8,440 crore budget for FY 2025-26, prioritizing infrastructure development and essential services. With INR 2,654 crore allocated under the H-CITI initiative for urban infrastructure, the budget emphasizes technological upgrades, eco-friendly projects, and improved public services. Despite challenges in revenue generation, the budget projects a INR 445 crore surplus, offering financial flexibility. GHMC plans to enhance community engagement and promote sustainable urban growth through investments in green spaces and public transport, aiming to make Hyderabad a more livable and investment-friendly city.Read more

30 Dec 2024

Hyderabad's Housing Minister, Ponguleti Srinivas Reddy, announced plans for four 100-acre housing colonies across Greater Hyderabad, catering to low, middle, and higher-income groups. Additionally, the Indiramma housing initiative aims to construct 500,000 houses in its first phase, with a long-term goal of building 2 million homes within four years. The government will provide financial assistance of INR 5 lakh per family in four installments to ease construction costs. With over 80 lakh applications for Indiramma houses and 32 lakh reviewed, the initiative addresses Hyderabad's pressing affordable housing needs. Public-private partnerships are also being explored to accelerate development and improve housing quality.Read more

27 Dec 2024

Hyderabad's illegal construction crisis, with 250,000 writ petitions in five years, has prompted the Greater Hyderabad Municipal Corporation (GHMC) to introduce an online portal for tracking violations. This tool will enable citizens to report unauthorized structures and monitor actions from complaints to demolitions. Responding to Telangana High Court directives, GHMC plans stricter enforcement, including criminal charges and fines of up to 400% for violations. Collaboration with the Stamps and Registration Department will flag properties with 'unauthorized construction' on encumbrance certificates, deterring buyers. Public awareness campaigns and SOPs aim to reduce unauthorized expansions and safeguard Hyderabad's urban growth and infrastructure.Read more

25 Dec 2024

The Enforcement Directorate (ED) conducted search operations at two Hyderabad premises connected to real estate firms and their promoters under the Prevention of Money Laundering Act. The raids uncovered jewellery and bullion worth INR 5.4 crore, unaccounted cash amounting to INR 72.7 lakh, and incriminating documents. The investigation revealed that these firms defrauded buyers of INR 842 crore through fraudulent practices, including misappropriating INR 216.9 crore in cash. Further irregularities were found, such as high-value property transactions and unaccounted funds. Despite summonses, the promoters remained non-cooperative, obstructing the probe. Previously, assets worth INR 161.5 crore had been attached in connection with the case.Read more

PNT Reporter

24 Dec 2024

The Hyderabad Disaster and Response Asset Monitoring and Protection Agency (HYDRAA) clarified that residential properties built before July 2024 are exempt from its regulations, but unauthorised commercial buildings will face demolition. Commissioner AV Ranganath emphasized protecting water bodies and curbing illegal construction, particularly near Kamuni Cheruvu and Maisamma Cheruvu lakes in Kukatpally and Moosapet. He criticised Vasavi Group for delaying a flood canal project, exacerbating monsoon flooding in nearby slums, and directed its completion by next monsoon. HYDRAA aims to safeguard urban water bodies, tackle encroachments, and ensure proper urban development, urging residents to actively participate in these efforts.Read more