Housing societies in Hyderabad tap rainwater for summer, Real Estate News, ET RealEstate

File photo HYDERABAD: The recent rains have caused havoc across the city and surrounding areas, but some people are trying to salvage at least something from the tragedy. This, courtesy in-house rain water harvesting pits – a mandatory feature ignored by many while building homes. Residents of these properties said that the water stored during […]

TSWB asks tenants of Bahadur-ud-Dawla to clear dues or face legal action, Real Estate News, ET RealEstate

HYDERABAD: Telangana State Waqf Board (TSWB) on Thursday asked tenants to clear dues immediately or face legal action. Mohammed Saleem, chairman TSWB, accompanied with other officials, inspected Bahadur-ud-Dawla Waqf Complex located in Nampally, which is in a dilapidated condition. The tenants were asked to clear their dues or face eviction with legal process. He said […]

Goldman Sachs to open office in Hyderabad, second in India, Real Estate News, ET RealEstate

(File photo) HYDERABAD: Investment banking firm Goldman Sachs has identified the city as a new location for its global shared services footprint in India. “The new Hyderabad office will be the second location for Goldman Sachs Services in India, and will complement the Bengaluru office footprint in terms of both execution and support that it […]

New layout regularisation scheme may hit properties near defence areas, Real Estate News, ET RealEstate

File photo HYDERABAD: The new layout regularisation scheme (LRS) may create hurdles for people living near defence establishments and airport. As per the ministry of defence (MoD) rules, no-objection certificate (NOC) by local military authority (LMA) is required only if the plot/layout or structure falls within 10-metre radius of a defence establishment, but as per […]

Telangana Minister, Real Estate News, ET RealEstate

HYDERABAD: Telangana IT, Industries and Municipal Administration Minister KT Rama Rao on Wednesday said that the government will hand over a total of 85,000 dignity houses in Greater Hyderabad Municipal Corporation (GHMC) limits by December 2020. Rao made the remarks during a review meeting on the status of dignity housing schemes in Hyderabad. “The government […]

Construction of 2-bhk housing units at Rampally picks up pace, Real Estate News, ET RealEstate

HYDERABAD: Works pertaining to construction of 2-bhk housing units, a flagship project of chief minister K Chandrasekhar Rao has paced up in Rampally. A total of 6,240 2-bhk houses at Rampally will be ready for inauguration by September-end, according to Greater Hyderabad Municipal Corporation (GHMC) officials who inspected the houses on Sunday. The houses in […]

Telangana government expects to raise Rs 800 crore from Swagruha flats’ auction, Real Estate News, ET RealEstate

HYDERABAD: The state government is expecting to raise over Rs 800 crore through the auction of Rajiv Swagruha flats. Knight Frank, real estate consultants of international repute, has been selected through bidding to evaluate the market price of the vacant 3,716 flats in Bandlaguda and Pocharam Rajiv Swagruha townships. The consultancy has also been asked […]

Hostel owners ask students to vacate over rent payment, Real Estate News, ET RealEstate

File photo HYDERABAD: Many students and youth, who moved back to their hometown before the lockdown and have not returned to the city fearing a spike in Covid-19 cases, are now worried as private hostels are asking them to vacate the hostel this month over non-payment of rent. A large number of young people from […]

Microsoft looks to lease 1.2 million sq ft of office space in Bengaluru, Real Estate News, ET RealEstate

Tech giant Microsoft is in talks with multiple builders in Bengaluru to lease over 1.2 mn sq ft office space to consolidate its operations in the city, two persons aware of the discussions, said. Microsoft currently occupies 5,50,000 sq.ft. in Outer Ring Road, the tech hub of Bengaluru. “In the first phase, the company is […]

IBM plans to reduce office space by nearly half in India, Real Estate News, ET RealEstate

BENGALURU: IBM is planning to discontinue lease agreements at nearly half of its offices in major cities across the country, people familiar with the development told ET, as the US-based technology leader sees the work-from-home model becoming mainstream and a significant number of employees to continue working remotely. IBM, which has a large presence in […]

Call for Free Visit