29 Sep 2025

The Telangana government has agreed to acquire Phase-I of the Hyderabad Metro Rail project from L&T Metro Rail Hyderabad Ltd (LTMRHL) in a INR 15,000 crore deal. This includes assuming INR 13,000 crore of LTMRHL's debt and paying INR 2,000 crore for L&T's equity stake. L&T's decision to exit follows financial challenges and operational difficulties. The state aims to expedite approval for Phase-II by the Government of India through this acquisition.Read more

24 Sep 2025

The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has reclaimed over 300 acres of government land in Gajularamaram, Quthbullapur, valued at INR 15,000 crore. Originally owned by the Andhra Pradesh State Finance Corporation, the land was transferred to Telangana after bifurcation. Following public complaints, HYDRAA cleared unauthorised constructions-demolishing incomplete, fraudulent structures while sparing occupied homes of poor families-and fenced the land to prevent further encroachment. Investigations revealed land-grabbers had illegally sold small plots using fake documents, often with political collusion. Legal cases have been filed against the perpetrators. The action signals a firm stance against encroachment while safeguarding vulnerable households.Read more

16 Sep 2025

L&T is planning to sell over 90 per cent of its Hyderabad Metro stake to the Telangana or Central Government through a new SPV due to ongoing operational and financial difficulties. Delays in government support, property acquisition, alignment changes, and COVID-19 impacts have increased losses and cost overruns. Revenues declined by 21 per cent in 2024-25, while losses rose 13 per cent. Previous claims against the state reached INR 5,000 crore. L&T has also stated that it cannot participate in the upcoming Phase II-A and II-B expansions due to these financial and operational challenges.Read more

05 Sep 2025

The Greater Hyderabad Municipal Corporation (GHMC) earned INR 759.98 crore from building permissions and occupancy certificates in the five months from April to August 2025, reflecting a 90% rise over the same period last year. The growth was driven by 4,389 building permissions and 1,008 occupancy certificates, facilitated through instant registration, instant approval, and single-window systems.Read more

03 Sep 2025

Apple has leased 64,125 sq ft of additional office space in Hyderabad's WaveRock Tower, strengthening its presence in the city. The lease, signed for five years, involves a monthly rent of INR 80.15 lakh with a structured warm shell and fit-out rental model. Apple has also deposited INR 4.8 crore as security, with a yearly escalation clause of 4.77%. The agreement includes parking provisions and a three-year lock-in period. With this expansion, Apple now occupies more than 5 lakh sq ft at the WaveRock campus, continuing its growth in India after recent expansions in Bengaluru.Read more

26 Aug 2025

Microsoft India (R&D) has secured a significant office lease in Hyderabad's financial district, occupying 264,000 square feet at Phoenix Centaurus. The five-year agreement, effective from July 2025, involves a base rent of INR 1.77 crore per month, escalating annually by 4.8%. The total monthly outgo, including additional expenses, amounts to INR 5.4 crore. This expansion underscores Microsoft's commitment to enhancing its research and development capabilities in India, particularly in Hyderabad's thriving tech ecosystem.Read more

25 Aug 2025

The Hyderabad Metropolitan Development Authority (HMDA) is set to auction 93 prime plots across Hyderabad from September 17 to 19. The plots are located in areas including Bachupally, Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, and Medipally. The upset prices range from INR 35,000 to INR 1.75 lakh per square yard. The proceeds from the auction will fund key infrastructure projects, including two elevated corridors and a greenfield radial road in Future City.Read more

22 Aug 2025

The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has reclaimed 16,000 sq yards of prime government land worth about INR 400 crore in Madhapur, near the Hitex arch. The land, encroached for over a decade, included parks and road areas from a 22.2-acre layout approved in 1995 and later regularized. Acting on citizen complaints via its Prajavani platform, HYDRAA cleared illegal structures, including a restaurant and hoardings, freeing two public parks, 5,000 sq yards of road, and additional government land. Fencing and signage have been installed to prevent re-encroachment, while a police case has been filed against the main offender.Read more

21 Aug 2025

Godrej Properties has acquired around 7.82 acres of land in Kukatpally, Hyderabad, for nearly INR 550 crore through an e-auction held by the Telangana Housing Board. The company will develop a housing project on this site, with an estimated revenue potential of INR 3,800 crore. Industry observers note that the price per acre achieved in this auction is significantly higher than recent sales in the same locality, reflecting rising demand. With this move, Godrej strengthens its growing presence in Hyderabad's residential market.Read more

19 Aug 2025

Hyderabad's premium housing segment, comprising homes priced at INR 1.5 crore and above, saw a 17% increase in sales during the first half of 2025, according to a report by global real estate firm JLL. This growth is notable as it occurred despite a 6% dip in overall residential sales across all price categories in the city. The surge is primarily driven by the city's strong IT presence, a preference for larger homes with high-end amenities, and rising affluence among tech professionals.Read more

10 Aug 2025

The Greater Hyderabad Municipal Corporation (GHMC) has intensified its crackdown on unauthorised constructions across the city following directives from the Telangana High Court. In recent months, the civic body has issued over 1,500 show-cause notices and demolished more than 200 illegal structures while sealing close to 100 buildings. Major violations include unauthorised floors, deviation from sanctioned plans, and construction without permission, with high-profile localities such as Banjara Hills and Jubilee Hills witnessing the most infractions. Officials have been instructed to seal illegal floors immediately after notices are served.Read more

04 Aug 2025

The Cascades Neopolis in Hyderabad has become the world's largest and India's only residential development to receive the WELL v2 Pre-Certification Platinum from the International WELL Building Institute (IWBI), highlighting a transformative milestone for the country's residential real estate sector. Developed by GHR Lakshmi Urbanblocks Infra LLP'a consortium of GHR Infra, Lakshmi Infra, and Urbanblocks Realty the 63-storey luxury project has been assessed across ten key wellness parameters including air, light, water, and community. It now stands as a benchmark for health-centred design, sustainability, and futuristic urban living in India.Read more

31 Jul 2025

The Greater Hyderabad Municipal Corporation (GHMC) plans to introduce stricter rules to combat illegal dumping of construction and demolition (C&D) waste. Soon, building owners in Hyderabad will need to submit a C&D waste disposal certificate to get occupancy certificates (OCs). This move aims to reduce illegal dumping on roads and in water bodies, which is a major environmental issue. The proposed rules will require property owners to use approved C&D waste collection agencies and keep disposal records. Penalties for improper disposal will also increase, ensuring proper waste management in the city and impacting those who do not comply with the new norms.Read more

30 Jul 2025

Brigade Enterprises has entered into Joint Development Agreements (JDAs) with landowners to launch two luxury residential projects-Brigade Citadel 2 and Citadel - in Moti Nagar, Hyderabad. Spanning 10 acres with a development potential of 1 million sq ft, the projects will comprise 405 luxury apartments and are expected to generate over INR 970 crore in revenue. Executive Director Amar Mysore called the move a strategic expansion in one of their key South Indian markets. Brigade Group, headquartered in Bengaluru, continues to grow its footprint across southern cities, focusing on high-quality, sustainable development in residential, office, retail, and hospitality sectors.Read more

24 Jul 2025

Mindspace Business Parks REIT has added an 8 lakh sq ft commercial asset, 'Q-City', in Hyderabad's Financial District to its portfolio for INR 512 crore. The acquisition, finalized through a 100% stake in Mack Soft Tech Pvt Ltd, marks the company's first large external buy. With this move, Mindspace's total portfolio grows to 37.9 million sq ft, reinforcing its footprint in India's fastest-growing Global Capability Center hub. The asset was acquired at an 11.6% discount and reflects a 9.9% capitalization rate, signaling strategic capital deployment.Read more

16 Jul 2025

TGRERA has fined Hyderabad-based Bhuvanteza Infra Projects INR 6.45 lakh for illegally marketing and selling units in its "Happy Homes" project in Shamirpet without RERA registration or necessary approvals. Buyers had alleged that the developer collected advances between 2020 and 2023, often without issuing receipts. Following an inquiry, the regulator declared the project unauthorised and ordered a halt to all sales, marketing, and construction activities. Bhuvanteza must now refund the buyers with 11% annual interest within 90 days. This isn't the firm's first violation-TGRERA had earlier penalised it INR 14.9 lakh for similar issues in another project, where 62 homebuyers were also owed refunds.Read more

06 Jul 2025

India will host the 7th International Real Estate Conference (IREC) in Hyderabad in September 2026, marking a major win for the country's property sector. Organized by NAR-INDIA and Hyderabad Realtors Association, the event will bring together over 600 global real estate leaders, investors, and policymakers. NAR-INDIA secured the bid at IREC 2024 in Kuala Lumpur, where India's potential drew strong investor interest. IREC 2026 will spotlight Hyderabad's smart-city progress, host investor roundtables, and showcase landmark projects. With themes like proptech, ESG, and global investment, the event highlights India's growing leadership in real estate. High-level government participation and global media coverage are also expected.Read more

23 Jun 2025

GMR Hyderabad International Airport Ltd (GHIAL) has launched a INR 5,843 crore expansion at Rajiv Gandhi International Airport to meet rising traffic. The plan includes a new 225,000 sq. m terminal primarily for domestic use, a 3,800-meter runway for low-visibility operations, and a 650-meter cross taxiway for wide-body aircraft. Aircraft stands will increase to 163 and parking bays to 5,590. A second cargo terminal (50,000 MT capacity) costing INR 160 crore is set to open by July. The existing terminal is also being expanded at INR 427 crore. A 31-km metro line from Mindspace to the airport is planned to boost access, with GHIAL supporting the initiative. AERA will determine revised tariffs.Read more

13 Jun 2025

Hyland, the creator of The Content Innovation Cloud, has inaugurated its new office in Hitech City, Hyderabad, reflecting a pivotal step in its global expansion drive. The new centre aims to serve as a strategic innovation hub, empowering Hyland to cater effectively to clients across the Asia Pacific region. The facility, which complements the company's existing presence in Kolkata, will focus on product development, customer success, and technical support while creating key employment opportunities and drawing from Hyderabad's vast tech talent pool.Read more

12 Jun 2025

The Telangana government has unveiled plans to significantly expand the Hyderabad Metro Rail network by adding new corridors and extending existing lines. The initiative aims to meet rising transportation demands driven by rapid urbanisation and population growth. The expanded metro will connect key residential, commercial, and IT zones, promoting easier daily commutes and reducing traffic congestion. This development reflects the state's focus on sustainable, eco-friendly infrastructure, with expectations of lowering citywide pollution levels. Since its inception, the Hyderabad Metro has transformed public transport in the city; the planned expansion is set to further boost passenger capacity and network coverage. The project is also expected to drive economic activity in newly connected areas, support real estate growth, and enhance accessibility. Positioned as a key pillar of Telangana's smart city and sustainable development goals, the metro expansion underscores the state's long-term urban mobility strategy.Read more