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Latest News In and Around Hyderabad & Other Cities of AP

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  • Re : Latest News In and Around Hyderabad & Other Cities of AP

    Diluted land regularisation scheme helps Telangana fill its coffers

    Before the registrations were stopped and Covid-induced economic slowdown, the stamps and registration department was earning around Rs 600 crore a month.
    HYDERABAD: Overcoming the pandemic blues and last year’s lockdown effect, Telangana is all set to net about Rs 1,000 crore through registrations in the first month of 2021. That the state is on the road to recovery can be gauged by the fact that it earned Rs 100 crore from registration of non-agriculture properties in the first two days of the year itself.

    Senior officials attributed this big turnaround to tweaking of the land regularisation scheme (LRS) rules. “There are more flexibilities available to landowners under the LRS now. We are hoping to garner more income through registration of properties this year. We are certain that the state will get Rs 1,000 crore income this month alone,” an official told TOI.

    Before the registrations were stopped and Covid-induced economic slowdown, the stamps and registration department was earning around Rs 600 crore a month.

    The New Year also began on a cheerful note for the stamps and registration department with a record 7,581 documents getting registered on January 1 and 2.

    Officials: Upswing in registrations

    Officials said there has been an upswing in the registrations, especially after the LRS relaxtions were announced soon after registration of non-agriculture properties began on December 14. The state earned nearly Rs 450 crore till December 31 through registrations as 47,072 documents had been registered till Decemberend.

    Clubbed with the first two days of the New Year, the total number of documents registered had gone up to 54,653.

    On normal days, the registration department earns Rs 25 crore per day. “The current trend shows that the collection has doubled. We are hoping that this trend will continue. The state stands to gain a good income through registration of properties,” a senior official said.

    Sounding optimistic, Telangana State Planning Board vice chairman B Vinod Kumar said registration of properties has picked up pace in and around Hyderabad.

    “Remember, the state’s GST collection was good despite the economic slowdown. With Hyderabad racing ahead, the state should be able to net more income this year,” he told TOI.

    Till November 2020, the state had earned only Rs 1,692 crore income while the targeted income was Rs 10,000 crore. This included non-agriculture and agriculture registrations. In the last financial year, the stamps and registration department earned Rs 7,061 crore, an official said.















    Diluted land regularisation scheme helps Telangana fill its coffers, Real Estate News, ET RealEstate (indiatimes.com)
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    • Re : Latest News In and Around Hyderabad & Other Cities of AP

      Hand over houses to cyclone Hudhud victims: HC to Andhra Pradesh government

      The high court questioned as to why the houses were not given to victims even after construction has been completed and issued notices to concerned officials to file counter affidavits.
      VIJAYAWADA: The high court on Tuesday directed the government to take necessary steps to allot houses to people affected by cyclone Hudhud under Visakhapatnam East constituency. The high court questioned as to why the houses were not given to victims even after construction has been completed and issued notices to concerned officials to file counter affidavits.

      Visakhapatnam East MLA, Velagapudi Ramakrishna Babu, had moved high court with a public interest litigation (PIL) alleging that the government was not handing over houses to beneficiaries of NTR Hudhud Housing Scheme even after construction was complete and houses were ready for occupation.

      The counsel, arguing on behalf of Babu, told the high court that the beneficiaries of the housing scheme are poor fishermen who live along the coast in thatched houses. During the cyclone in 2015, all houses along the coast were completely damaged. To rehabilitate them, the then government had announced a special housing scheme for the fishermen and constructed the houses, the counsel said.

      “Though the construction has already been completed, officials are not handing over (houses) to the beneficiaries because of which they are facing hardships,” the counsel said and added that the officials did not take any action even after giving repeated representations.

      Taking his arguments into consideration, the high court directed the managing director of state housing corporation, Visakhapatnam project director and district collector to take steps to hand over finished houses and asked to submit all details before February 16.












      Hand over houses to cyclone Hudhud victims: HC to Andhra Pradesh government, Real Estate News, ET RealEstate (indiatimes.com)

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      • Re : Latest News In and Around Hyderabad & Other Cities of AP

        Office leasing dips 53% in 2020 in Hyderabad: Report

        Hyderabad recorded sales of 10,042 home units in the year 2020, a dip of 38 per cent year-on-year. In H2 2020, the city saw 5,260 home units sold, again a drop of 34 per cent.
        NEW DELHI: Hyderabad’s office leasing activity recorded 6 million sq ft of transacted space in 2020, a dip of 53 per cent year-on-year from 12.8 million sq ft registered in 2019, according to a recent report by Knight Frank India.

        Pre-commitments accounted for 21%, i.e. 1.3 million sq ft of the total transactions volume in 2020.

        In terms of supply, Hyderabad recorded 8.7 million sq ft of new office space in 2020, a 20 per cent from 10.8 million sq ft it registered in the previous year.

        In 2020, the city level weighted average transacted rentals stabilised at 2019 levels with a near 0% year-on-year growth in annual rents and mainly driven by secondary business districts (SBDs) transaction activity.

        In H2 2020, the leasing acitivity was 3.8 million sq ft, a drop of 58 per cent. The average deal size increased from 79,865 sq ft to 97,554 sq ft in H2 2020. Large transactions (50,000 sq ft and above) accounted for 45% of the total number of H2 2020 transactions causing the jump, indicating an increase in the average floorplate requirement of occupiers.

        With respect to the industry wise demand split, 49% of the H2 2020 transactions were by Information Technology / Information Technology Enabled Services (IT/ITeS) players, the primary driver of Hyderabad’s office market. This is a drop in terms of not just the share, which was 58% in H2 2019, but also in terms of the total area transacted, which is down by a substantial 64% year-on-year from 5.2 million sq ft in H2 2019 to 1.8 million sq ft in H2 2020.

        Besides the IT sector, the share of co-working sector players in the total transactions pie of H2 2020 has also fallen sharply. In terms of transacted area, it show a sizeable 75% year-on-year dip.

        Vacancy levels scaled up from 7% in H2 2019 to 9.4% in H2 2020 on account of high quantum of supply infusion and a muchmuted transaction volume.

        Residential market

        Hyderabad recorded sales of 10,042 home units in the year 2020, a dip of 38 per cent year-on-year. In H2 2020, the city saw 5,260 home units sold, again a drop of 34 per cent.

        The share of Rs sub-50 lakh ticket size sales in total H2 2020 sales increased from 15% in H2 2019 to 24% in H2 2020. This increase is noteworthy as it indicates the growth of the affordable housing segment in a market where the buyer preference has always been stronger for the Rs 50 lakh – Rs 1 crore segment.

        Samson Arthur, branch director-Hyderabad, Knight Frank India said, “Recognised amongst the most affordable metropolitan cities, Hyderabad’s residential market saw a remarkable turnaround in H2 of the pandemic intervened year of 2020. Ready inventory moved briskly encouraging developers to announce new launches which met with very encouraging response."

        The city’s residential market launches stood at 8,404 home units in H2 2020, a growth of 4 per cent and 12,826 home units in the year 2020.

        In terms of geography, West Hyderabad continued to account for the highest share in launches, as well as sales, owing to its proximity to the Information Technology (IT) business districts.











        Office leasing dips 53% in 2020 in Hyderabad: Report, Real Estate News, ET RealEstate (indiatimes.com)


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        • Re : Latest News In and Around Hyderabad & Other Cities of AP

          Hyderabad: Man encroaches on NRI’s house, arrested

          TNN | Updated: Jan 12, 2021, 08:48 IST
          Picture used for representational purpose only

          HYDERABAD: Based on the complaint lodged by an NRI woman, a person was taken into custody by the Rajendranagar police since he allegedly encroached into her house.

          Syeda Batool Afshan’s has been living in Dubai for more than 30 years. It was in the year 2012 that she bought an open plot under Rajendranagar police station limits and constructed a house. “Without my knowledge and in my absence, my brother sold my house to a person with a criminal record. When I went to my house, the person in possession refused to vacate. I later found that the property transaction was done by my brother using fake documents,’’ she said.

          After she lodged a complaint, the person who was in possession of the house was taken into custody.

          Deputy commissioner of police (Shamshabad Zone) Prakash Reddy said thorough investigation is being done.

          She bought an open plot under Rajendranagar police station limits in 2012. Without her knowledge her brother sold her house to a person with criminal record











          Hyderabad: Man encroaches on NRI’s house, arrested | Hyderabad News - Times of India (indiatimes.com)
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          • Re : Latest News In and Around Hyderabad & Other Cities of AP

            Non-renewal of lease deals costs Hyderabad civic body Rs 10 crore a year

            As per the estimates by GHMC officials, around Rs 75 crore per year can be generated if the lease agreements are renewed, however, records reveal that the GHMC estate wing was unable to collect as much as Rs 10 crore per year due to non-renewal of lease agreements since a decade. Representative image


            HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) is incurring losses in crores as it has not been renewing the lease agreements of government properties since years.

            As per the estimates by GHMC officials, around Rs 75 crore per year can be generated if the lease agreements are renewed, however, records reveal that the GHMC estate wing was unable to collect as much as Rs 10 crore per year due to non-renewal of lease agreements since a decade.

            In some places, original lease holders have rented out the GHMC estate properties to third parties who are running the business instead of the original tenant/beneficiary. Nexus between GHMC estate officers/staffers resulting in corruption, political interference and legal tussles are also the reasons for rental agreements not being renewed and action not being initiated against lease holders who rented out properties owned by the GHMC.

            For instance, a 500 sq ft area at Monda Market in Secunderabad is leased out for around Rs 70,000 to Rs 1.1 lakh per month, but several people who are running businesses in shops owned by the GHMC pay less than Rs 5,000. Further, before the markets were renovated, the price tenants used to pay in some places was less than Rs 1,000 in prime locations.

            Secunderabad, Goshamahal, Abids and Charminar are some of the places where GHMC owns properties. There are 101 lands, 19 commercial complexes and 23 markets owned by the GHMC. In December 2020, civic officials served notices to 2,100 property owners but action was not initiated and irregularities in the estate wing were not addressed.

            GHMC officials said that they have taken measures to generate revenue.“We geo-tagged the estate properties, but due Covid-19 the collections were low. We have taken measures to increase revenue, the onus now lies on officials at circle and zonal level to ensure revenue generation,” said M Krishna Reddy, GHMC assistant estate officer.










            Non-renewal of lease deals costs Hyderabad civic body Rs 10 crore a year, Real Estate News, ET RealEstate (indiatimes.com)
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            • Re : Latest News In and Around Hyderabad & Other Cities of AP

              Telangana HC junks woman's plea seeking acquired Emaar land back

              The judges said: “You (petitioner) took 17 years to challenge the acquisition notification. You remained a spectator all these years. We are dismissing the petition.”
              HYDERABAD: Telangana high court has refused to entertain a writ petition seeking either compensation under the new Land Acquisition Act or restoration of land that was acquired for the Emaar project in Hyderabad 17 years ago.

              A bench of Chief Justice Hima Kohli and Justice MS Ramachandra Rao was dealing with a petition filed by Gummadi Lakshmi Kumari, who said that her 305 square yards of plot in Nanakramguda in Serilingampalli should be returned to her.

              The judges, however, dismissed the plea as withdrawn.

              The judges said: “You (petitioner) took 17 years to challenge the acquisition notification. You remained a spectator all these years. We are dismissing the petition.”

              Lakshmi’s counsel argued that since the Emaar project ran into rough weather and is being probed by the CBI, his client should get back her land.

              The judges went through the records and found that she had purchased this plot after the land was notified for acquisition by the state government for handing it over to Emaar company.

              The petitioner, however, claimed that she bought it from Kiran Krishna Real Estates and Constructions Private Ltd. The judges told her counsel that the state had notified the land for acquisition on July 17, 2002, while she had purchased the plot a year later (on June 13, 2003).

              When the counsel pointed out that similar petitions had been entertained by the court before, the judges did not agree with his contention.

              “Others may have purchased the land before the acquisition. A pending CBI probe into the issue is no solace,” the judges said.

              The judges further said, “The petitioner knew that this plot was under acquisition. Yet you chose to purchase it with your eyes wide open.”

              At this stage, the counsel said he would withdraw the plea.










              Telangana HC junks woman's plea seeking acquired Emaar land back, Real Estate News, ET RealEstate (indiatimes.com)
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              • Re : Latest News In and Around Hyderabad & Other Cities of AP

                Poor drain network triggered last October Hyderabad floods: Osmania University study

                Sunil Mungara | TNN | Updated: Jan 23, 2021, 08:15 IST

                File photo

                SECUNDERABAD: An inefficient sewage system, decades-old nalas and stormwater drain network led the city go through a disaster in the floods occurred in October 2020, said by a survey report prepared by the civil engineering department, Osmania University.

                After floods devastated the city, OU had taken up a pilot study through online information mode by inviting all sections of residents.



                “The survey was conducted online through different platforms such as WhatsApp, Facebook, and LinkedIn on floods which occurred between October 13 and 15. The main aim of the survey was to understand the severity of the disaster and help in formulation of a proper flood management plan. A total of 315 responses were received and analysis from these details was carried out to study the impact of floods,” M Gopal Naik, OU, former head of civil engineering department, who carried out the study, told TOI.

                From the study, it is observed that the 46.07% of affected area were first-time inundated areas. 32.72% areas had suffered from 2 to 5 times inundation. Around 7% areas had been affected with 6 to 10 times inundation and 14% areas had suffered more than ten times inundation. Less than 40% areas had waterlogged areas of 2 feet depth. whereas around 46% areas had waterlogging of 2 feet to 5 feet depth and 12% areas suffered above 5 foot inundation, said Naik.

                The study, which was also done on existing sewerage system and nala system, revealed that the existing sewer network system in the core city areas is very poor and due to the increased load of sewage flow, the existing system is not able to cope up with the required facilities.

                During the study, it was noticed that most of the natural nalas and road side drains are clogged with garbage. Due to the rapid urbanization, most of the storm water drains were encroached, resulting in narrowing of the width of the original stream. In fact, most of the slum dwellers and residents of weaker sections occupy and reside on the banks of the major drains, causing obstructions to the free flow of storm water, said Naik.

                Apart from sewerage system and nala system, the study was done on lakes too. “There are 184 lakes (tanks) in Hyderabad and they have a fixed full tank level (FTL). The water holding capacity of all these lakes/tanks has decreased gradually over the years due to all the industrial waste and sewage being dumped into the lakes. Moreover, sensitive catchment areas like lakes and tanks have been illegally occupied without proper permission,” according to the survey report.

                Certain recommendations include a pilot study in catchment areas and designing of a proper drainage system according to contour levels. “Identify the illegal encroachment across nalas, river embankments and immediately clear critical areas of encroachments, and prepare risk mapping of areas of the city by using gsespatial technology, the report suggested.

                We have submitted the survey report to the vice-chairman of Telangana State Planning Commission, B Vinod Kumar to implement it to save the city from future floods, added Naik.








                Poor drain network triggered last October Hyderabad floods: Osmania University study | Hyderabad News - Times of India (indiatimes.com)
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                • Re : Latest News In and Around Hyderabad & Other Cities of AP

                  Dharani portal: Over 3.5 lakh mutation applications cleared in 40 days

                  Sources suggested that there was a lot of confusion as mutation applications were not being cleared by civic officials to avoid errors while enlisting properties in Dharani portal.
                  HYDERABAD: Due to the enlisting of non-agricultural properties in the Dharani portal, over 3.5 lakh mutation applications have been cleared within 40 days.

                  Among these applications, several were pending since years. Greater Hyderabad Municipal Corporation (GHMC) officials, and in some cases, applicants did not show interest in transferring ownership rights on GHMC records after registration of the property in sub-registrar’s office. The applications were cleared in December 2020 and January.

                  “Though I paid the mutation fee while registering a flat on my name four years ago, the previous owners’ name was being reflected in GHMC records. In January my name was finally reflecting in the records,” said G Sankeerth a resident of Banjara Hills. In fact, he approached civic officials this month to avoid confusion when his property details were being entered into the Dharani portal.

                  Sources suggested that there was a lot of confusion as mutation applications were not being cleared by civic officials to avoid errors while enlisting properties in Dharani portal. Speaking to TOI, GHMC officials said the process is underway and is going on without any hassle.

                  “Mutation of properties has not been halted. The process is being executed as per norms. People with queries can approach their GHMC circle office,” said Gopala Krishna, GHMC valuation officer, Serilingampally circle.

                  The Mutation Fee 0.1 per cent of market value has to be be paid through demand draft in favour of the commissioner, GHMC.

                  Only after the property is mutated the property tax identification number (PTIN) is generated on the name of new owners. Based on the PTIN, people can apply for changes in in water bill, electricity bill among other such requirements.















                  Dharani portal: Over 3.5 lakh mutation applications cleared in 40 days, Real Estate News, ET RealEstate (indiatimes.com)
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