Telangana government is likely to hike the market value for agriculture and non-agriculture lands to the tune of 20 % to 50% if the cabinet assents to the hike. It will come into effect very soon. In the recent past 2021, the Telangana government had earlier hiked the market value and stamp duties and now it is targeting to once again hike because of the boom in land values and its surge...
General Power Of Attorney GPA is given to any associate/comrade who is trustworthy enough to deal with the matters, assigned by the parent owner like buying, selling, renting, collecting rents, payment of taxes, conducting or managing any legal proceedings or matters on behalf of the owner's absence. The Attorney by all means is accountable for all the acts performed in the owner's absence. So the...
Investing in a property in terms of immovable assets like a House, Non- Agriculture land, Agriculture land, etc is a capital-intensive affair. During this process, one has to cautiously thoroughly deal with all the legal documents before buying. Immovable assets like house, land has the owner to it and has ownership rights with all the right documents to which a buyer has to verify it before buying a...
Below is the checklist of documents one must verify, validate before buying any plot of land in a rural or urban area that is free from current and future legal repercussions. Everybody has a purpose of buying a piece of land. Some buy for constructing a house and some buy for future long-term investment which gives them returns in the form of money or money’s worth. Nowadays it...
  Setwar or Shethwar, Sethwar This record is called Sethwar in the Telangana area and RSR (Resurvey Settlement Register) record in AP. This Setwar register/pahani are the records which have an important survey land records register, which has a complete record of boundary or boundaries of the land in the revenue records, it is prepared from land survey and settlement process which consist of all...
Gramakantam or Porambaku in Telangana, Abadi lands in Andhra Pradesh are government open land for public usage under gram panchayat, and in most of the cases, it doesn’t have a survey number, Plots on Abadi land lack symmetry of the size and are haphazardly developed for its identification. It has bounded by certain restrictions for the sale or purchase of such kinds of lands. In the year 1929...
HMDA has classified the land use into different zones which have been directly monitored and managed by authorities which has the final discretionary powers to give permissions for utilizing the land as per HMDA norms which are classified as follows: RESIDENTIAL USE ZONE Residential Zone-1 (Urban Areas connecting to Growth Corridor): Residential Zone falling within...
Hyderabad Metropolitan Development Authority was constituted on 25-8-2008. The authorities such as HUDA Hyderabad Urban Development Authority / Hyderabad Airport Development Authority / Cyberabad Development Authority were dissolved and merged with HMDA. The jurisdiction of HMDA extends to 55 mandals located in 5 districts viz. Hyderabad all 16 mandals Rangareddy...
New project launches declined by over 90% after March, says a report by the website The second wave of COVID-19 caused a mighty blow to real estate in the twin cities with new launches declining by over 90%, inquiries having dipped by 30%, and sales plummeting up to 90% post-March onwards, said real estate website ‘99acres.com’ in a report released on Wednesday. “The economy went...
IT CORRIDOR Hyderabad has the highest leasing rate in the country Today, Hyderabad‌ City dwellers are not just buying houses, they are recently investing in commercial and office structures. These tend to have a higher rental income compared to house rents. The office market is moving in line with their expectations. Hyderabad has surpassed Bangalore for the first time in office leasing....