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Government medical colleges to be inaugurated across districts
KTR encourages ministers to celebrate the inauguration of colleges.

The Municipal Administration Minister KT Rama Rao urged Ministers and MLAs to orchestrate grand celebrations in their respective district headquarters to commemorate the historic inauguration of nine medical colleges, all set to co-occur in nine different districts on September 15. Rama Rao proudly announced that Telangana would become the sole state in India to house a government medical college in each district. These medical colleges are scheduled to be unveiled in Jangaon, Nirmal, Kamareddy, Karimnagar, Sircilla, Asifabad, Bhupalpally, Vikarabad, and Khammam.  Minister Rama Rao emphasized that these institutions would produce exceptional doctors and elevate the standard of medical services across the districts. During the teleconference, Health Minister Harish Rao highlighted that Telangana had experienced a significant transformation in its MBBS seat availability since 2014, when it was at the bottom of the list. Now, it proudly holds the highest number of MBBS seats in the country.  He further explained that there are 22 MBBS seats for every 1,00,000 individuals in the state, an achievement unmatched elsewhere in India. Notably, he revealed that Telangana had contributed 43 per cent of the total increase in MBBS seats nationwide this year. 

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HMDA Allocates ?100 Crore for GHMC Housing Revitalization
Government to refurbish JNNURM and VAMBAY houses with Rs100 crores.

The Hyderabad Metropolitan Development Authority (HMDA) has allocated a substantial amount of Rs.100 crore to the Greater Hyderabad Municipal Corporation (GHMC) for the revitalization and rehabilitation of housing units constructed under the auspices of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and the Valmiki Ambedkar Awas Yojana (VAMBAY) initiatives.  During a recent meeting, elected representatives from the Hyderabad region brought to the attention of Minister for IT, Industries, and Urban Development K.T. Rama Rao the deteriorating conditions of homes in JNNURM and VAMBAY colonies. These concerns were mainly focused on localities such as Jangammet and Bandlaguda. Additionally, they highlighted the financial hardships faced by underprivileged families, who found it challenging to bear the expenses required for restoring these dwellings.  Minister Rama Rao promptly escalated the matter to Chief Minister K. Chandrasekhar Rao in response to these pressing issues. Subsequently, Chief Minister Rao directed the HMDA to allocate Rs100 crore to facilitate the necessary repairs and renovations.  Furthermore, Minister Rama Rao emphasized the State government's commitment to housing initiatives, citing a substantial investment of Rs.9,100 crore to construct double-bedroom dignity homes in Hyderabad. These homes are intended to be free of charge to disadvantaged urban populations, and the government expressed its readiness to allocate additional funds if required for housing projects.   

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Mokila Plot Auction Jackpot: Tel Govt Bags Rs.121 Crore!
Mokila Plot Auction Jackpot: Tel Govt Bags Rs.121 Crore!

The Hyderabad Metropolitan Development Authority has finally set its eye on middle class and upper middle class buyers for its land auction. Recently, the Telangana government got an overwhelming response from investors in the e-auction of plots at Mokila. It bagged a market price three times higher than the base process in the auction.   The Mokila plot auction was carried out by Hyderabad Metropolitan Development Authority (HMDA). Though the total area is spread over 165 acres of land in the Rangareddy district, 15800 square yards of the area was put on auction.   Nearly 200 individuals attended the pre bid meeting for Mokila plot auction Nevertheless, this indicates the emerging interests of potential buyers in Hyderabad real estate. The state government's auction of 165 acres of land in Mokila village near the Narsingi-Shankarpally road received a highest bid of Rs 1.05 lakh per square yard. Though the lowest bid amount per square yard was Rs 72,000, the average bid for the plot was Rs 80,397. There were a total of 50  Plots for sale in Mokila with an area of 300 to 500 square yards. The state sold 48 plots and two were cancelled due to wrong bids.   The auction was a big win for Hyderabad real estate as the developers have been selling open plots for Rs 30,000 per square yards in Mokila.  

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Apartment maintenance charges  , Mastering the Maintenance Game
Winning Strategies for Apartment Maintenance Charges!

Shifting to your new home means no more hassles of paying rentals. At the same time, you need to pay a monthly amount to the communities for providing the amenities to help you live a peaceful life. Sometimes, the apartment maintenance charges are fixed and sometimes not. RERA also has its guidelines and regulations on maintenance charges. Find below an insider look into the maintenance charges and how you can lower it.  What comes under maintenance charges?  The majority of the apartments for sale in Hyderabad cover the following aspects while calculating the maintenance charges:  Service charges, including electricity, housekeeping, security, etc.  Repairs and maintenance charges for running lifts.  Parking charges for the residents.  Water charges based on the water usage of each flat.  Sinking Fund to manage to pay for any kind of emergency   Non-occupancy charges   Other Charges like election funds, festival celebrations, etc.   Payment criteria  Types of Maintenance Charges  How Charges are Applicable  Service Charges  Equally divided among all the apartments/flats  Building Maintenance and Repair Charges  0.75% of the construction cost of each apartment/flat - calculated on an annual basis  Parking Charges  Based on the number of parking lots allotted  Non-Occupancy Charges  10% of service charges - for flats which are rented or not occupied by property owners  Water Bills and Property Taxes  Based on the consumption of each apartment  Sinking Fund  No less than 0.25% of the construction cost of each flat - calculated on an annual basis  How they are calculated?  Equal maintenance charges  This method is followed when the flat size in the society is almost same.   Per Square Feet Maintenance Charges  If the society has flats with multiple configurations, the  apartment maintenance charges  are calculated on the basis of per square feet.  Hybrid Maintenance Charges  Some societies use both per square and equal maintenance charges. While the residents pay the same charges for common amenities, the area-wise charge calculation is done for the spaces they live in.  Ways to reduce apartment maintenance charges  Avoid overstaffing  Thanks to community automation and smarter technology, every society can now reduce the number of staffs thereby reducing cost.   Efficient staff management  Deploy efficient and smart staff management systems to reduce the maintenance budget. This will not only improve working efficiency but also help in cost-cutting.  Smarter inventory  A better inventory management at apartments for sale in Hyderabad help in the quick identification of damaged construction parts and the replacement of light bulbs, socket covers, tube lights, etc. This also reduces asset wastage and asset replacement.   Discover unlimited properties with us and fulfill your dreams of becoming a homeowner. Visit Property Advisor to make your choice among hundreds of apartments for sale in Hyderabad. Visit today. 

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Residential Projects for Sale in Hyderabad
Hyderabad's Property Market Strikes Gold: 69% Jump in 2023's First Half!

Hyderabad real estate has seen a jump in the first six months of 2023. The real estate sales have hit a 15 year record of 1,26,587 units in the first half of 2023. This is nearly 21% higher than previous year.   The highest recorded Residential Projects for Sale in Hyderabad in the first half of 2023 were 15, 925 which is 69%  more than last year. After Hyderabad, real estate sales recorded at Bengaluru, Mumbai and Pune are 26, 625 units, 26,188 units and 25,201 units respectively.  Hyderabad had a record property registrations of 5,557 residential properties in July 2023 which is a 26% year-on-year (y-o-y) rise. Total value of the registered properties summed up at Rs 2,878 crore, which has boosted by 35% y-o-y. In July 2023, the highest range of property registration was Rs. 25-50 lakhs adding to 52% total registrations. Those tagged below Rs 25 lakh comprised 18% of the total registration. The share sales for properties was also little higher than July 2022.  The Hyderabad real estate market includes four major districts namely Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy. The demands of Residential Projects for Sale in Hyderabad in July 2023 were more in the 1000-2000 square feet range, and accounted for 67% of registrations. However, both smaller homes (500-1,000 square feet) and properties larger than 2000 square feet had a 18% rise as compared to July 2022.   Study shows that Medchal-Malkajgiri district and Rangareddy district recorded 46% and 37% of registrations respectively. The share of Hyderabad district in total registrations was 17% during July 2023.  During July 2023, the weighted average prices of transacted homes faced a y-o-y increase of 4.5%. Among the districts, Medchal-Malkajgiri district had the most powerful increase, at 5% y-o-y. To mention, Rangareddy and Hyderabad districts also faced residential price increases of 4% and 2% respectively.  Mr. Siva Krishnan, Senior Managing Director and Head, Residential, India, JLL stated that the Government’s strong push along with RBI’s decision played a crucial role in reviving the real estate market. In addition, he was hopeful that the second half of 2023 will also take the sales to greater heights.   The majority of the real estate sales in the first half of 2023 were driven by projects launched in the last 18-month period. Dr. Samantak Das, Chief Economist and Head Research & REIS, India, JLL admitted that India has seen a record growth in the real estate market during the first half of 2023. He added that the increased demand for the recently launched Hyderabad real estate projects reflects the increasing buyer confidence in under-construction projects as well.   

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HMDA: Mokila Layout E-Auction
HMDA Success: Mokila Layout E-Auction Strikes Gold at Rs 1 Lakh/sqyd!

After the rewarding response to the first e-auction of Mokila plots, the state government came up with another phase of e-auction. The second phase of the e-auction of plots at Mokila village Shankarpally mandal of Ranga Reddy district fetched a lumpsum of Rs. 122.42 crore for HMDA (Hyderabad Metropolitan Development Authority). Since the layout is close to places like Neopolis, Financial District, and Narsingi, the auction rates went as high as Rs. 1,00,000 per square yard. HMDA churned out twice the base value of the plots in the two sessions of the Mokila Layout e-auction. The e-auction was carried out over an area of 165 acres and 60 open plots. The online bidding process was held through the Central Government’s e-auction platform, the Metal Scrap Trade Corporation Ltd (MSTC). The plots for sale in Hyderabad ranged from 300 square yards to 500 square yards, covering a total area of 20,024 square yards.  The initial price was set as Rs. 25,000 per square yard with bidding multiples of Rs. 1000 per square yard. The final estimated value was Rs. 50.07 crore. Contrarily, the average price of the plots soared to Rs. 63,512 per square yard, with Rs. 1,00,000 per square yard as the highest and Rs 54, 000 per square yard as the lowest bid. This was more than twice the base price.  Earlier in the first phase of the Mokila Layout e-auction, HMDA bagged a price three times more than the market price per square yard. Fifty plots were put on auction, out of which 48 were sold. With the highest and lowest bid being Rs 1.05 lakh and Rs. 72000 lakh per square yard, respectively, the average bid amount per square yard was Rs 80,397. Owing to the overwhelming response in the first phase of the e-auction, HMDA decided to come up with a second phase of auctions in Mokila.  Unlike Kokapet, the plots in Mokila were focussed on middle-class and upper-middle-class buyers. The plots are located surrounding green landscape and are an ideal real estate location for buyers who are looking for plots for sale in Hyderabad amidst nature.  In addition, the rapidly developing infrastructure facilities in and around the suburbs of Mokila are making it a top priority for many real estate investors. The plots are in proximity to some prominent areas like Kokapet, Gandipet, Narsingi, Kollur, and Tellapur. The Ligampally MMTS Station is 18 km from Mokila and allows a quick commute to other parts of the city. The plots are located 43 km away from Rajiv Gandhi International Airport. Mokila is undoubtedly a smart real estate choice to invest in to get the maximum ROI in the near future.           

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 Villas for sale in Hitech city, Hyderabad
Decode the Investment Potential of Hyderabad's Luxury Villas

With their charm and exclusivity, Villas for sale in Hyderabad have been an opulent choice for many. They are a prudent choice for homebuyers hunting for a peaceful stay within a secured campus. As the city is flourishing, demand for lavish villas is flourishing too. While some zero on villas as their first and last real estate choice, others consider it to be an expensive choice that will hardly do any good in the future. In this blog, let us decode the investment potential of villas and whether they are a good fit for first-time homebuyers.  Comfort and high-end lifestyle  With spacious living rooms, a bigger patio and large bathrooms, villas for sale in Hitech City are an impressive choice for a reason. Fully equipped with modern facilities, villas offer some premium amenities like open-air theatres, private swimming pools, spas etc. A few of the villas offer green facilities to their residents, like green parking, rainwater harvesting and solar-powered lighting systems.   24/7 Security  Villas are high on the preference list owing to their top-notch security. Various third-party applications and security service agencies help the residents with their 24/7 security services. Furthermore, the Villas for sale in Hyderabad are well equipped with the latest technology CCTV cameras, digitally locking doors etc. All these security measures ensure the safety and security of the residents, thus protecting them from any kind of mishap.  Privacy & inclusiveness  Unlike flats or apartments, villas are located on a large chunk of land, offering a lot of private space to enjoy. Villas offer a sense of serenity and tranquility while living in an exclusive housing community. In short, it gives you a sense of belonging while preserving your privacy.  Greater ROI  Greater ROI is an added advantage of investing in villas for sale in Hitech City. Though the initial cost price of the villas is on the higher side, their long-term returns are quite alluring. One can also rent it out to earn a handsome monthly income. Nevertheless, with the increasing demand for real estate in Hyderabad, the swanky villas are going to fetch an attractive deal down the line.  A chance for personalization  Every home buyer has their own sense of style and taste. Villas allow the freedom to tweak the construction and design according to your taste. You can add your own individuality to the space reflecting your creativity and customization.   At Property Advisor, our enlisted villas for sale in Hitech City are 100% verified by our expert team for your ready reference. The ready-to-move properties are a remarkable opportunity to upscale your lifestyle and fetch attractive rental yields. For more information, visit now! 

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Hyderabad Real Estate Boom: June Property Registrations
Hyd Real Estate Boom: June Property Registrations Soar to Rs 2,898 Cr

  Introduction : The real estate market in Hyderabad has been experiencing a remarkable boom, with property registrations in June reaching an impressive Rs 2,898 Crore. This surge in registrations indicates a thriving real estate sector in the city, attracting buyers from various demographics. From luxurious apartments to affordable homes, Hyderabad offers a diverse range of properties. to cater to the increasing demand. In this blog, we will explore the factors contributing to the Hyderabad real estate boom and the availability of luxurious apartments and affordable homes in the city.  The Factors Behind the Boom  Infrastructure Development: Hyderabad's proactive approach to infrastructure development has played a pivotal role in attracting real estate investments. The city's modern infrastructure, including improved transportation networks, well-planned roads, and IT hubs, has made it an ideal destination for both commercial and residential investments.  Economic Growth: Hyderabad's robust economic growth, driven by its thriving IT and pharma sectors, has led to an influx of professionals and a rising demand for quality housing. As job opportunities continue to grow, so does the demand for residential properties.  Favorable Government Policies: The Telangana government's investor-friendly policies have contributed to the real estate boom in Hyderabad. Initiatives like streamlined property registration processes, reduced red tape, and affordable housing schemes have encouraged both developers and buyers to invest in the city's real estate market.  Migration to Hyderabad: Hyderabad has emerged as a preferred destination for professionals seeking better job prospects and high quality of life. The influx of migrants has led to increased demand for housing, further fueling the real estate market's growth.  Luxurious Apartments in Hyderabad  The rising affluence of Hyderabad's population has resulted in an upsurge in demand for luxurious apartments. Developers are responding to this demand by crafting opulent residential projects that offer state-of-the-art amenities and modern designs. Luxurious apartments in Hyderabad are characterized by spacious layouts, premium fixtures, panoramic views, and top-notch facilities such as swimming pools, fitness centers, and landscaped gardens. These high-end properties cater to the city's affluent residents and discerning investors looking for a luxurious lifestyle and promising returns on investment.  Affordable Homes in Hyderabad  Amidst the rise of luxurious apartments, the Hyderabad real estate market also recognizes the importance of catering to the middle-income segment. Affordable homes in Hyderabad have emerged as a significant part of the boom, making homeownership more accessible to a broader range of buyers. These projects offer well-designed homes with basic amenities at affordable price points. The availability of affordable homes has not only addressed the housing needs of the middle-class population but has also attracted first-time homebuyers looking to invest in their dream homes.  Conclusion  The  property registrations in Hyderabad, reaching an impressive Rs 2,898 Crore in June, reflect the city's booming real estate market. Factors such as infrastructure development, economic growth, and favourable government policies have all contributed to this remarkable surge in the sector. Hyderabad offers a diverse array of properties, from luxurious apartments for the affluent to affordable homes for the middle-income segment. This inclusive approach has solidified Hyderabad's position as a hotspot for real estate investments, attracting buyers from various backgrounds and contributing to the city's continued growth and prosperity. As the market continues to evolve, it presents a unique opportunity for both investors and homebuyers to be a part of Hyderabad's thriving real estate success story. 

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T Harish Rao inaugurates Ayush Center at NIMS
A Holistic Healthcare AYUSH Center Opened at NIMS, Hyd, by T Harish Rao

Telangana Finance and Health Minister T Harish Rao opened the Ayush Integrated Wellness Centre at NIMS on August 31, 2023. The National AYUSH Mission and Telangana AYUSH Mission founded the centre.  The minister announced that the wellness centre would provide access to Ayurveda, Unani, Siddha, Homeopathy, and natural cures under one roof. The public will have access to more information and a more comprehensive wellness approach to healthcare.  You can attempt several treatments at the centre. They offer matravasti, kativasti, nasya, kukkutanda akshi tarpana, greeva vasthi januvasti, ekanga dhara shirodhara, urovasti full body massage, partial massage, therapeutic diet, merudanda vasti, lymphatic drainage massage, acupuncture, chest and liver packs.   Many retired government officials and personnel use wellness centres, the minister said. The minister added that Nature Cure Hospital, which cost Rs 10 crore, was founded because the state government promotes alternative treatments.  We have 834 Ayurvedic clinics, five medical colleges, and four medical research facilities. Harish Rao announced that Ayush centres with 50 beds each would be constructed at Vikarabad, Bhupalpally, and Siddipet.  He also announced that the state's nine new medical colleges will soon enrol students. After counselling, Chief Minister K. Chandrashekar Rao will open the ceremony. There will be 26 medical schools instead of five.  The new colleges would add 900 MBBS seats. Telangana had 850 MBBS seats at the time of the split. We have 3915 seats, said Harish Rao. He said Telangana would create a medical college in each district, making history. 

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Top Ten 50+ Floors' Tallest Buildings in Hyderabad To be Built in the Upcoming Years
Hyderabad: Upcoming Tallest Building Structures in Kokapet and Puppalaguda

In the coming years, Hyderabad will build its top ten tallest structures. They usually exceed 50 floors. Candeur Skyline, 59 storeys and 244 meters will be Hyderabad's and South India's tallest building. It will be built in Puppalaguda. The April 1, 2023, building permit requires completion by March 20, 2029. SAS Crown is being developed near Kokapet to be Hyderabad's second-tallest building. With 58 storeys, it will be 228 meters tall. March 26, 2027, is the expected completion.  Most of Hyderabad's tallest buildings will be built at Kokapet and Puppalaguda. The following Hyderabad buildings will be tallest.  Buildings  Localities  No. of Floors  Candeur Skyline  Puppalaguda  59  SAS Crown  Kokapet, Golden Mile Layout  58  The Trilight  (Tower-1)  Kokapet  57  Srias Diamond Towers  Puppalaguda  55  My Home 99  Kokapet  54  Poulomi Palazzo  Kokapet, Golden Mile Layout  54  Yoo Hyderabad by Myscape  Puppalaguda  52  Candeur Crescent  Sherilingampally  50  The Trilight  (Tower-3)  Kokapet  50  Srias Diamond Towers  Puppalaguda  48    Skyrocketing Prices in Hyderabad's Real Estate Market  Rising house loan interest rates and housing prices make Hyderabad's real estate market more expensive. Hyderabad's real estate market will remain the second most costly in the nation in 2023, with a 31% house loan EMI-to-income ratio. The cheapest real estate is in Ahmedabad, Gujarat, where house loan EMI to income is 23%.  Flats are cheaper than plots in these areas; the tallest structures may relieve the burden on the average individual, but they also present safety, road infrastructure, sewerage, and other difficulties. 

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A better understanding of how real estate market  functions
Real Estate
03 Jan 2023 | 1.6K Views
Are you an informed real estate adult fit to make the best investment?
Are You A Real Estate Adult? Rather, Let’s Just Say, The Story Of A Real Estate Adult.   Are you 21 years of age or more? Do you know the power you withhold?  You can be the change, the change you desire!   Unlike yesteryears, you are gaining knowledge every second, all thanks to Digitalisation. From banking, shopping, gaming, meditating, journaling, and conferencing, to dating and investing the world has seen a massive shift. When we are mere sponges soaking information day in and day out about any and everything around us, why not real estate?   Real Estate is that one unsung market that hasn’t experienced many heads dabbling into the depths of it. While some think it’s buyer-driven, is it truly so?   Poof, goes your bubble!   Like you, most of the others that we have spoken to, think of Real Estate to be a “buyer-driven market”. We at Property Adviser, one of India’s largest property directories have helped a whopping 52,000 registered customers in the due course of our operation by educating them with the 5W’s and 1H of the real estate market. Additionally, in the last six months, we spoke to another 5000 registered customers and figured they live in the same myth of Real Estate being buyer driven!   Disappointing but true!   Assuming that this untapped market was truly buyers driven, would you really have to sacrifice parameters like location, budget, size, project prestige, and more? The harsh truth is, a builder is someone who manages to get land at a cheaper cost and markets his own ideas to forcefully suit your needs. Does succumbing to an excellent play of business qualify to be categorized as a “sacrifice”? Is it their smartness or your lack of knowledge?   The real estate market seems to have fallen prey to some shrewd business owners who don’t care much about anything else but their growth. Is this how you expect the market to flourish? Often our “lack of knowledge”, “laziness” and “naiveness” in addition to our “FOMO” act as growth hurdles. Many a time, a small discount on the price blindfolds us towards the concept of transparency. A reduction in the price operates as per the rules of a builder. Do you know who really is the cause of these price fluctuations in the market?   It’s you!   Not everyone who aims at buying a house that they may have dreamt of while cycling to school or simply daydreaming must know the A to Z of the real estate market, but being informed matters. It not only makes you an enthusiast or an informed buyer but also ensures that your hard-earned money, 15 long years of education, and all the sacrifices you and your family may have made are invested in the right place. Once you understand the market and your needs, you my friend will drive the market and be your own hero.   Knowledge never goes to waste, and, mastering it is a process or a journey. It’s a journey we can help you navigate, to bring out a change, a revolution. Your awareness, your understanding, and your thoroughness can drive the market to make it buyer driven transparent for it to flourish to its optimum. Today, we go by what the “mafias” of the market dictate not by our will inspite of it being our investment. Know the facts and let the market, supply your demands.   Follow 1 Trec For Real Estate’s Reality Check!  Indian real estate market trends facts subscription plans