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Land Values in Telangana May Drive Up to 200 Percent
Land Values in Telangana May Drive Up to 200 Percent

The Registration and Stamps (R&S) department plans to improve the land rate by 20 percent to 200 percent compared to the current registration rate the day after a proposed improvement in property registration values.  If Chief Minister K Chandrasekhar Rao promotes the proposal, a senior official has stated that the hike can take effect from the second week of July instead of August 1st.  Land Rates to Rise in Telangana  In many non-commercial and residential areas, the range should be 100%, while in rural and municipal towns 200% can be on commercial roads and between 20% and 50%. In areas with a higher number of documentation (transactions) registered, the increase in the Hyderabad and HMDA limits could rise from 100 percent to 200 percent.  The officials pointed out that there were huge variations between the registration value (of the government) and leading market value of the land, for example, Rs 30,000 per square yard for commercial land (main roads) and Rs 20,000 per square yard for residential properties, for instance, in emerging markets such as Madhapur, Guttala Begumpet, and Khanamet, under the Serilingampally sub registered office.  The amount is now expected to double said an official from the R&S department. Similarly, rates ranged from Rs 50,000 to Rs 60,000 per square yard at Jubilee Hills whereas property (plots) were sold at Rs 2 lakh per square yard.  The land value at the fastest growing Nizampet is Rs 10,000 due to its proximity to Hi-Tec City while the market value in areas such as Dundigal was Rs 2,000 while Rs 20,000 is almost the same. Uppal and Quthbullapur register more documents in the eastern parts of the city. The registration rate in Nagole varies from Rs 9,000 to Rs 10,000. HMDA has sold its plots between Rs 30 000 and Rs 40 000 per square yard in the Uppal Bhagat layout close to Nagole.  After the Metro rail was launched, the demand for land in the neighbouring areas was huge and the prices of land increased rapidly. The government's land value is only Rs 9,000 in Kalyan Nagar, close to the Uppal Crossroad. Open plots, on the other hand, are sold for over Rs 70,000 and Rs 1 lakh which is located near the main road.  The R&S department proposes an increase in registration and stamp charges of 7% to 7,5% from the current 6%. The Government has now formed committees for the approval of the revised land registration rates, at the village, Mandal, and district levels. By: Shailaja K

Hyderabad Civic Body to Keep a Check on Illegal Constructions
Hyderabad Civic Body to Keep a Check on Illegal Constructions

The Greater Hyderabad Municipal Corporation (GHMC) has established a Special Task Force (STF) to regulate unabated unapproved buildings in the city to inspect and initiate action on all ongoing constructions, including demolition. The STF has the power to seal the construction of illegal structures.  The task force will have outsourced engineers from the National Construction Academy (NAC), who will regularly inspect buildings and submit an STF-level report. Town planning officers are not included in the inspections.  GHMC Special Task Force on Illegal Structures  A recent note on constituting the STF and directives has been released by GHMC Commissioner DS Lokesh Kumar. Official sources have said that the TS-bPASS Act 2020 provides for the establishment of special teams to curb unauthorized structures. Telangana State building permits approval and self-certification system.  In the first few phases, the STF will stop and demolish illegal constructions if the owners do not accept permission or violate construction rules. The zonal level is being trained in the inspection process and in writing panchanamas for special team members, in particular, engineers.   The STF zonal level is led by a zonal commissioner of the respective zones and the zone superintendent and DCP (Law and order) members, as well as the nodal officer of a GHMC joint commissioner or deputy commissioner, whose names are served on owners of illegal buildings.   The GHMC Commissioner has indicated that at least once in 15 days from the construction phase of the NAC, engineers were appointed for periodic inspections and that he was sending reports to the zonal-level nodal officer for action. By: Shailaja K

Shankarpally Emerges as Real Estate Hotspot in Hyderabad
Shankarpally Emerges as Real Estate Hotspot in Hyderabad

In the west of Hyderabad after the pandemic, the demand for plotted developments and villas has increased. In areas like Shankarpally, the increase is especially noticed, where the development of infrastructure has taken an upward direction.   Shankarpally Location Highlights   The Shankarpally area is emerging as a residential hub, which is near other peripherally developed regions such as Kokapet, Gachibowli, and the financial district. In these localities, the offices of multinational enterprises operate in combination with local businesses.   In addition, the prospects of this area have been boosted by robust physical and social infrastructure like schools, entertainment centers, and shopping areas.   Shankarpally corridor is considered the city's 'Green Zone' and is at the highest level in the livability index because of its low noise pollution index and high air quality index (AQI) due to GO-111 & Conservation Zoning development constraints on its neighboring markets.   Real-estate Destination   Shankarpally offers a fabulous living environment. The demand for residences is arising mainly from the local and the young professionals choosing to live in the post-pandemic environment who have settled in this growing city.   As per the experts, the demand for these plotted developments has been witnessed from all corners of the globe — from NRI’s and Indian residents from various cities. By: Shailaja K

Necklace Road near Hussain Sagar undergoes Infra Upgrade
Necklace Road near Hussain Sagar undergoes Infra Upgrade

One of the most popular spots in the city is all set to become even more attractive. The Necklace Road, renamed the PV Narasimha Rao Marg, is now getting ready more for visitors, thanks to the creation of exclusive parks, beautiful natural areas, and cycle paths.  Necklace Road to Get a New Look  On the Marg, two high walkways that run into the Hussain Sagar are being built. A walk around the Marg shows that the entire stretch has greatly changed. The Hyderabad Metropolitan Development Authority (HMDA) has built new roads and pavements, increased green coverage, exclusive areas marked as parking areas, lake islands, and theme parks (HMDA).  Former prime minister PV Narsimha Rao's statue can be seen from Marg's NTR visitors at the entrance of the road on the right-hand side. On June 28, the statue will be uncovered.  Following the statue, at People's Plaza, people can see Love Hyderabad urban sculpture. The neighborhood is already a popular place for visitors. There are dozens of food stalls, restaurants, and fun parks on the road to the PV Ghat near the end of Marg.   Upcoming Development Plans   As soon as the lockdown is lifted, you can enjoy your different cuisines at the nearby restaurants in addition to street food. Plans are afoot to build Neera Café and an exclusive entertainment center. The fun center will be located in the vicinity of Sanjeevaiah Park and will have a unique theatre, virtual reality (VR) games, and roller coasters.  By: Shailaja K.

Housing Pricing Index to be Initiated to Aid Homebuyers
Housing Pricing Index to be Initiated to Aid Homebuyers

Homebuyers, real estate developers, and policymakers will be able to track the high-frequency price flow in the major residential markets in India through the HPI (Housing Pricing Index) together with the industrial company NAREDCO.  New Housing Pricing Index  The Union Housing and Urban Affairs Secretary Durga Shanker Mishra stated that Housing Price Index has been developed jointly by industry experts and can be a good indicator of real estate in the country. Because of the COVID-led slowdown and overall uncertainty, the real estate sector has suffered. At present, tracking growth through credible sources is essential, thereby helping authorities make quicker and informed decision-making during such economic fluctuations.  The index will be used to decide the future course of action for both homebuyers and policymakers. It also has its home prices index for the National Housing Bank (NHB).  This is a tool that traces the changes in residential home prices in all eight of India's major markets. HPI was established in partnership with the Indian School of Business (ISB) Srini Raju Centre, IT and the Networked Economy (SRITNE).  The index could help a prospective homebuyer to evaluate the right time to buy a property and help sellers to know the most appropriate time to sell their properties by providing useful information on price movements. It can also be used as an affordable estimate by policymakers and financial analysts to track industry trends.  In the absence of high-frequency data of high quality (especially local data), buyers and policymakers are mainly forced to rely upon market observations and guess about price movements in Indian cities. The whole idea behind the HPI's launch is to tackle this problem. In addition to buyers, investors, and policymakers who benefit, the HPI data will also provide immensely valuable information for real estate developers who consider launching new developments in a new location.  This index would help industry and government decision-makers to provide relevant information on the real estate market and design effective measures and interventions.  Niranjan Hiranandani, national president, NAREDCO, founder and MD - Hiranandani Group, stated that The Index will address the challenge of lack of well-defined data and foster enterprises with the right business intelligence, market insight, trends, and desires to sign wise decisions.  By: Shailaja K

Top 5 Decor Tips While Redoing Kitchen
Top 5 Decor Tips While Redoing Kitchen

Modular Kitchen Colour Combination & Kitchen Trolley Design  Just bought a home and already wondering how to go about the kitchen design? Or thinking about remodeling your kitchen?  There are an overwhelming number of colours and designs to choose from, and this can be daunting. After investing a fortune on the kitchen design, you don’t want to feel stuck with outcomes that you don’t quite appreciate. We are here to make your life easier. Let’s share the five decor tips while redoing your kitchen that you can have in your pockets.  Here are the top five tips on modular  kitchen colour combination, kitchen design and kitchen trolley design. Understanding Colour Temperature  Before going into kitchen colour combinations, let’s understand colour temperature. Colours are classified as warm, cool and neutral. Warm colours include orange, red, yellow and combinations and variations of these colours. They make you think of warm things like heat and sunlight. Warm colours are stimulating, and they are associated with joy and playfulness. Cool colours include blue, green, purple and similar colours and variations. They make you think of water, sky, ice and other cool things. Cool colours make you feel calm and relaxed. White and gray are considered as neutral colours. You can choose a kitchen colour combination depending on the kind of effect and the mood you want in the kitchen. Warm or Cool Colours for the Kitchen? Since there is a lot of activity in the kitchen, accenting a wall with a warm colour like orange can motivate you to get into action.  Alternatively,  a bit of yellow or red in pots or other knick-knacks can be stimulating. All the same, avoid excessive warm colours in hot weather.  To help you feel relaxed, balance your warm colours with cool colours for the walls, wall paintings, and cabinetry. Neutral colours are a great idea too. You can go with the 80/20 rule.  Use 80% neutral colours and accentuate with 20% strong colours.  Look at the larger picture as to how the kitchen fares with the rest of the house. If you have an open kitchen, you will need to match the colours and style with that of the living space. Consider the amount of natural light in the kitchen. If your kitchen is dark, then stay away from dark colours. If the kitchen is well lit, then you can use darker tones to make it look more sophisticated. Also consider the size of the kitchen before choosing the kitchen colour combination. A smaller kitchen will look spacious with lighter colours.  Likewise, dark colours can make large kitchens look compact and cozy. General Rules for Kitchen Colour Combination Choose neutral colours for the kitchen wall. You can accent one wall with a strong colour, if that complements the overall story. You can also use wall paper for one of the walls. Ultimately the wall colours should balance well with the colour of the flooring, backsplashes and cabinets.  Kitchen cabinets are the costliest part of your investment. Either keep the colour subtle, or just choose what appeals to you. Try to complement them  with the colour of the walls, so they don’t don’t end up looking rebellious in contrast.  The kitchen countertop can be matched with the flooring. The kitchen flooring may need to match the flooring of the rest of the house. But you can also match it with the rest of the colour scheme in the kitchen.  Use subtler colours for the flooring than what you use for the cabinets.  The idea is to have the cabinets pop out in comparison, and not let the flooring dominate. You can experiment with the colours of the backsplash, as it is a relatively smaller investment, and it is easier to revamp it later on. The overall colour scheme should also complement that of your appliances such as refrigerator, oven and dishwasher.  Use a single colour for hardware such as taps, cabinet handles and other fixtures. Kitchen Trolley Design  Kitchen trolleys help you store in style. You can choose from a push cart type tolley, a shelving cart type or a kitchen island trolley.  Push cart trolleys are convenient to not only store food and cutlery, but also wheel around food to your guests.   Shelving cart trolleys can help you flaunt your collection of crockery and other pretty kitchen items. A kitchen island trolley is a substitute for a kitchen island, in case you don’t want a hardcoded kitchen island, or if you don’t have space for one. There are various materials and styles, and you can pick based on your budget and taste. Vintage trolleys lend an old world charm. Wooden trolleys add a rustic look. Glass and metal trolleys look sleek and stylish. Stainless steel trolleys look strong and elegant. Plastic trolleys can look colourful and vibrant. Kitchen Basket Trolleys Apart from wheeled kitchen trolleys, basket trolleys help you keep kitchen cabinets organized. These are usually made of stainless steel, and there are various types of kitchen baskets for organizing various utensils. Cutlery baskets – These are compartmentalised baskets that help you store spoons, forks, knives, spatulas. Plain baskets – These do not have any compartments, and you can store large vessels in them.  Cup-n-Saucer baskets – These baskets have dividers and hooks to help you organize your cups and saucers.  Plate baskets – These baskets also have dividers to help you organize plates, trays and lids.  Kitchen Cabinet Channels It is pertinent to note that the channels that lodge kitchen baskets are of two types - soft close and push-to-open. Soft close channels just need a small push to make the drawers slide back smoothly without  a banging noise.  Push-to-open channels work like soft close channels, but have a push button instead of handles, to let you slide out the drawers.

Green West in Rudraram The Future of Real Estate
Green West in Rudraram — The Future of Real Estate

Plots for sale in Hyderabad is one of the best investment options. The best part about buying plots as opposed to apartments is that one can build one’s house of dreams according to the specifications one prefers.   Project Details  Green West by Pavan Life Space Developers is a fully gated community that offers spacious plots for sale in Rudraram, Hyderabad. It is a perfect blend of comfort and affordability. It is a premium plotting community set across 20 acres of lush greenery and serenity. This ready-to-move plotting society offers everything you can dream about owning your own home.    Location  The project is situated in the outskirts of the city, in Rudraram, which is near Patancheru. The plots in Rudraram are currently witnessing boom in real estate market due to its rapid infrastructure developments. With Green West Project, you can be a part of this real estate market.   Key Features  These plots for sale in Hyderabad are built with all the amenities that complement your lifestyle.    Well-crafted plotting project with lush and blissfully pristine surroundings that promise a healthy and peaceful environment    Located in the proximity of key areas of Hyderabad  Situated near National Highway  Plenty of recreational facilities and leisure activities   High level of social and physical infrastructure   Reconnect with all the richness life has to offer in the form of Green West in Rudraram, Hyderabad.

Muppas Melody The Perfect Choice for Mid-segment Buyers
Muppa’s Melody — The Perfect Choice for Mid-segment Buyers

With the Central government giving a push to affordable housing, a lot of builders are turning their attention to mid-segment and affordable residential projects. These projects offer all the premium amenities and facilities, but without the hefty price tag that comes with it. Thanks to favourable government policies and tax holidays, inventories of such properties are flying off the shelf (metaphorically speaking of course!).   Muppa’s Melody at Osman Nagar in Tellapur is one such residential project that offers plush 2, 2.5 and 3BHK apartments at a starting price of Rs 52.5lakhs only.  Project Details  Situated in Tellapur, Muppa’s Melody is a fully gated residential apartment, which offers 2, 2.5 and 3BHK flats, ranging between 1,010 and 1,725 square feet. The overall layout of the project is such that it allows ample sunlight and ventilation. The builder has taken care of small details, such as providing separate waiting areas for children, dedicated areas for meditation and a children's playground. Additionally, the project comes with two independent clubhouses, a well-designed air-conditioned gym and space for salon and spa. There are also separate jogging and walking tracks, along with volleyball, squash and badminton courts.   Location  The project is located at Tellapur in northwest Hyderabad. It is near to the ORR and is well-connected to the rest of the city, especially with the financial district and Hitech City. The area has grown exponentially in recent years. A good number of residential projects have been launched. Increasing property prices and infra boost have led to the real estate boom in the area.  Key Features  Prime location in Tellapur  75% open area   Ample daylight and ventilation  Aluminium formwork  Community life at Muppa’s Melody  2 clubhouses (42,000 square feet)  Affordable luxury 

Jaswitha Luxor — Redefining Luxury
Jaswitha Luxor — Redefining Luxury

With its latest offering — Jaswitha Luxor — Jaswitha Constructions, one of the most respected and high-profile builders of Hyderabad, has truly redefined the meaning of luxury. Instead of meaningless opulence, the builder has rightly focused on the minute things that render meaning to life, making it richer and fulfilling. For the builder, luxury is all about the experiences we create, the moments we live, and the roof we cherish as our own.   Project Details  Spread across 1.52 acres of green space, the project offers lavish 3BHK flats, ranging between 1,960 square feet and 2,300 square feet. None of the flats share a common wall. This means that there’s plenty of sunlight and ventilation to be enjoyed. Life at Jaswitha Luxor promises to be both hectic and fun, with plenty of community bonding thrown in for good measure. There is a temperature-controlled indoor swimming pool and a fully equipped gymnasium. There is a separate kid’s play area, where your little ones can run around and have a gala time. Fitness enthusiasts can enjoy yoga and aerobics classes, while the in-house salon and spa can take care of your beauty needs. The outdoor badminton court is sure to keep you busy as your children are taken care of at the creche. Sophisticated security system, round-the-clock surveillance and solar-power fencing are some of the other interesting features of this project.  Location  The project is located in Kokapet — an upcoming neighborhood of Hyderabad that has seen a lot of traction due to the high number of residential projects, presence of social and physical infrastructure and price appreciation over the last few years. Kokapet is connected to key areas in the city, such as the financial district, Gachibowli and the airport area. Kokapet lake takes up a significant portion of the area, and is considered as a major attraction. All in all, this is a premium residential destination in Hyderabad, that is sure to attract a lot interest among builders in the near future.  Key Features  Fully gated community  3BHK apartments  Occupancy: 10-12 months  Budget: Rs 1.14 crores – Rs 1.33 crores  103 units  Proximity to Financial District and Gachibowli  RERA approved  

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