FSI means the ratio between the area of covered floor (Built up Area) to the area of that plot (land) on which a building stands. This numeric value indicates the total amount of area (on all floors) you can build upon a plot. Continue reading
Among the many taxes that home buyers have to pay on property purchase is the Goods and Services Tax or GST on flats. Many changes have already been made in this tax regime, in a short span of time since it came into force in July, 2017. In this article, we examine the implications of the GST for real estate in general and home buyers, in particular.
Investments are steadily pouring in Hyderabad in the form of commercial ventures and global business companies. This has increased the real estate potential in Hyderabad to a greater extent. However, the growth and the development is restricted to the city owing to the infrastructural progress within the city limits that does not connect the neighbouring towns of Hyderabad. This lack of connectivity has made the Government realize that there could be certain problems in the future that might affect the socio-economic growth of Hyderabad. Continue reading
Municipal and IT Minister KT Rama Rao said that the state government would expand IT to Tier II cities. He said the foundation stone will be laid at the IT hub at Kompally in Medchal-Malkajgiri district soon apart from the inauguration of IT tower in Khammam on December 7. Continue reading
Though there was overwhelming response to regularisation of plots in unauthorized layouts with over 25 lakh applications across the state, many plot owners in the surrounding municipalities and municipal corporations, where illegal layouts have mushroomed, did not come forward to regularise their properties under Layout Regularisation Scheme (LRS). Continue reading
The state on October 21 informed the High Court there was no deadline for citizens to dysfunction causes upload their non-agricultural property particulars on Dharani portal.
Advocate general BS Prasad told a bench of Chief Justice Raghvendra Singh Chauhan and Justice B Vijaysen Reddy that it is a continuous process and there was no urgency to rush. Continue reading
The city’s IT corridor is now the most expensive in south India, beating Bengaluru and Chennai – the two other IT destinations – courtesy escalating land prices.
Land rates in the city’s Madhapur-Financial District-Gachibowli stretch has touched Rs 45 crore to Rs 50 crore per acre. This has resulted in zero land deals with all leading developers putting brakes on their investments. Continue reading
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 will provide to the firm’s businesses globally,” a release from the state government quoted the firm as saying on Thursday. Continue reading
In a major move for protection of Waqf properties, the Telangana government has prohibited their registration to leave no scope for unauthorised transfers.
Waqf properties have been included in the list which will be put under “auto lock” on the vardenafil 10mg for sale in australia how erection soon-to-be-launched Dharani Portal for online registration of properties across the state. Continue reading