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Hyderabad: Top 6 localities for rental accommodation

With Telugu Desam Party (TDP) winning maximum seats in Hyderabad, real estate is all set to get a shot in the arm. As the party has won the election on the “development” agenda, the real estate fraternity is optimistic about the infrastructural development of the city. With election dust settling and just two weeks left […]

nikunj.j

I_architectural floor plans

Floor Space Index in 8 Major Cities

Floor space index (FSI) or floor area ratio (FAR) basically defines the ratio of the total covered area of construction to the total plot size. For example, if the FSI/FAR is 1 and the total plot area is 2,000 sq. ft., then the maximum buildable area of the building must not be more than 2,000 […]

karthik.k

GHMC proposes Vacant Land tax

The Greater Hyderabad Municipal Corporation (GHMC) has come out with a revised property tax structure whereby the tax imposed on vacant plots is higher than that imposed for buildings and other structures. VLT higher than property tax for land with building: Going by the revised property structure, a building owner with a house in a […]

ranjan.j

Hyderabad: Residences in Upmarket areas illegally converted into Commercial houses

Posh residential areas in Hyderabad like Jubilee Hills and Banjara Hills are fast turning into breeding grounds for unauthorized conversion of residential properties for commercial purposes.  Besides many illegal structures have also sprouted up. There have been many such instances in the recent past, with the Greater Hyderabad Municipal Corporation (GHMC) turning a blind eye […]

ranjan.j

Hyderabad: Property owners take legal action against misuse of Land Acquisition Act

Alleging rampant misuse of powers by the officials of the Hyderabad district administration, property owners whose land was taken over for various reasons are planning to initiate legal action against the errant officials. The also allege that many of them were harassed by the authorities after the approached courts tried seeking higher compensation for the […]

ranjan.j

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