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....
Real-Estate News
FARMLAND PLOT MA&UD Dept has ordered that prohibition of registration of farm plots if the area of the plot is less than 2000 sq mts or 20 Guntas This order has been issued according to the Telangana municipalities Act,2019. Telangana Panchayat Raj Act,2018 through Memo No G2/257/2019. Dated 26/08/2020 of commissioner & I.G. Stamps & Registration Department. According to Telangana...
The State Cabinet has taken a final decision on hiking registration rates and upward revision of land values. The Cabinet, according to sources, discussed at length the proposals submitted by the Registration and Stamps wing of the Revenue department for enhancing the registration values which remained constant since the formation of the State. The registration charges are proposed to be increased to 7.5...
60 SQ YARD PLOT SIZE In a major initiative for budget housing, Municipal Administration and Urban Development (MA&UD) Department issued a G.O., to facilitate the poor in the State to buy small plots and construct their dream home as developers can now develop 60-yard plots in layouts. Earlier, the minimum size of plots in layout was 143 yards and this has now been reduced to 60 square yards....
LAND VALUE HIKE Telangana government is in discussions to enhance the land value of non-agriculture lands between 30% to 50%. Due to pandemic lockdown, the revenue of the government has decreased. It hurt the government exchequer. After GST and Excise, revenue is earned by the government through property registrations. If CM K. Chandrashekar Rao okays the proposal, the land market value may be...