Before buying a home the one have to know the jargon of the area defined by a builder, Carpet area, Built-up area, Super built-up area and RERA Carpet area. The carpet area, as the name suggests, in its simplest form is the area in the house where you can lay wall to wall carpet. That is the entire floor of the house. “Just take the floor area of all the rooms, the kitchen, living area and...
Real Estate
About 36,000 Waqf properties in Telangana will be geo-tagged in the next six months, a project that will be taken up by the Indian Institute of Technology (Hyderabad) and the Jawaharlal Nehru Technological University (JNTU). The expected geo-tagging will be completed by September end of this year.The Central Waqf Council, Ministry of Minority Affairs, as part of its 'Quami Waqf Boards Taraqqiati Scheme'...
An encumbrance certificate is a legally issued paper or document that certifies that a property is free of all financial and legal obligations. Aside from that, it displays the property's condition and the total number and details of its previous owners. It also contains information on previous ownership transfers and all of the property's mortgage obligations. The encumbrance certificate cannot be...
NALA means Non-Agriculture Land Assessment Act which regulates the process of converting agriculture land to Non-Agriculture and other purposes such as industrial, commercial, residential, venture development for plotting, or Construction activities for habitation, etc. Conversion of agricultural land into non-agriculture purposes by taking prior permissions from competent revenue authorities by paying...
GHMC has introduced (QR) code for building permission letters which have simplified the people to carry the documents electronically and forward it who needs for verifications of bank loan procedure for home aspirants. QR coding of permissions was non-existent during the earlier online DPMS (Development Permission Management System), The QR code was introduced and enforced recently by...
The Hyderabad Metropolitan Development Authority (HMDA) is permitting the construction of buildings, warehouses, etc. without taking permission from local bodies. Structured constructions can be charged through DPMS or TS iPass without taking a permit fee. Up to 10 percent violations are allowed. For such constructions, an additional 33 percent penalty is payable in addition to the fee. At present...
The Telangana government has notified and announced to constitute the formation of new urban development authorities -Mahabubnagar Urban Development Authority MUDA. The MUDA Mahbubnagar Urban Development Authority will include Mahabubnagar, Jadcherla, and Bhootpur municipalities and 142 surrounding villages in its purview. MUDA is such kinds of a replica of GHMC, HMDA, HUDA, etc for a...
The NUDA Neelagari Urban Development Authority includes Nalgonda Municipality and 42 surrounding villages. UDAs are constituted to plan for and ensure a well-integrated and well-planned infrastructure development around major cities and towns so that the growth of urbanization in such peri-areas could happen in a planned manner. The task of the UDAs was to ensure the comprehensive master plan of such...
Hyderabad builders have come up with new launches surpassing the market leaders of Indian cities like Pune, Delhi, Bengaluru, Chennai, Kolkata. In 2021 it registered 36,367 new launches more than Pune which is second with 24,572, project launching a total of 1.39 lakhs of all major cities. Hyderabad accounts for about 26 percent of the total share in new launches, followed by Pune with 18% and Bengaluru...
The Telangana government has notified and announced to constitute the formation of 2 new Urban Development Authorities -Mahabubnagar Urban Development Authority MUDA & Neelagiri Urban Development Authority NUDA. The MUDA Mahbubnagar Urban Development Authority will include Mahabubnagar, Jadcherla, and Bhootpur Municipalities and 142 surrounding villages in its purview. The NUDA Neelagari Urban...