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Economy / The Siasat Daily

Hyderabad: TGRERA fines real estate firm Rs 17.8L for apartment project delays

Hyderabad: The Telangana Real Estate Regulatory Authority (TGRERA) has levied a penalty ofRs 17.8 lakhon Sterling Homes and its Managing Director,Vasudeva Reddy, due to complaints from residents of the Sterling Orchids project in Mallampet Village, Medchal-Malkajgiri district. A group of15 complainantsaccused the developer of engaging in unauthorized construction, deviating from approved plans, delaying project completion, Get the latest updates in Hyderabad City News , Technology , Entertainme

20 Nov 2024 8:53 am
Hyderabad emerges as fastest growing city amid real estate boom

Hyderabad: Hyderabad has emerged as the fastest-growing city among six major Indian urban centers, driven by rapid infrastructure development and a thriving real estate market. According to the India Prime City Index by Knight Frank India, Hyderabad leads in real estate growth, surpassing metropolises like Mumbai, Delhi, and Bengaluru. Real estate in Hyderabad witnesses rapid Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsA

19 Nov 2024 1:08 pm
I-T teams raid real estate offices in Hyderabad, Ranga Reddy

Hyderabad: Income tax teams have been conducting searches at the offices of several real estate companies in Hyderabad and the Ranga Reddy district since early Monday. Multiple teams of I-T officials raided the corporate offices of the companies and the homes of the owners. The searches are being carried out following the detection of large-scale Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing t

18 Nov 2024 10:41 am
Indian economy capable of handling global shocks: RBI Governor

Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events. Today, the growth of the Indian economy presents a picture of stability and strength, Das said while addressing an event at the launch of the Kochi International Foundation here. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chan

17 Nov 2024 8:27 pm
DAMAC Air: Dubai real estate giant launches luxury airline, register for free flights

Dubai-based real estate giant DAMAC Properties on Monday, November 11, launched a new luxury airline, DAMAC Air. The airline is offering free trips to individuals who register on its website. It will operate flights to six popular holiday destinations: Seychelles, Maldives, Bali, Bora Bora, Fiji, and Hawaii. Also ReadSania Mirza, Khabib Nurmagomedov to attend Dubai Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegr

11 Nov 2024 4:47 pm
Market slowdown led to sharp decline in Shadnagar real estate

Hyderabad: Once a vibrant hub in Rangareddy districts real estate sector, Shadnagar has seen a significant decline in sales and registrations. Data from the Farooq Nagar and Shadnagar sub-registration offices reveals a drastic drop in property transactions. From January to November, Farooq Nagar recorded only 15,000 property registrations compared to 25,000 during the same period Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on Wh

4 Nov 2024 2:45 pm
Petrol, jet fuel, LPG sales surge as economy picks up pace

New Delhi: Indias petrol, aviation turbine fuel, and LPG consumption shot up in October this year compared to the same month last year, reflecting the rising demand for these fuels in a growing economy. While petrol sales have gone up by 7.3 per cent, LPG consumption surged by 7.5 per cent and jet fuel demand Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download

1 Nov 2024 10:00 pm
Economy and inflation dominate as top voter concerns in final election week

Dallas: The upcoming election for the White House is of immense significance, as it will determine the next tenant of the White House and shape the future of the United States. Whether America will get its first woman president or a second Donald Trump term is a debate going on among not only the politicians Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download o

1 Nov 2024 6:55 pm
Indian economy in most precarious situation in years: Congress

New Delhi: Asserting that India is in its most precarious and difficult economic situation in many years, the Indian National Congress party on Wednesday, October 30, said wage stagnation, inflation and inequality are undermining consumption growth in the country. These chokepoints will strangulate growth in the years to come if not taken seriously now, Congress Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram

30 Oct 2024 2:47 pm
Telangana govt assures full support to real estate sector in Hyderabad

Hyderabad: Reiterating the Telangana governments commitment to transform Hyderabad into a globally competitive destination, state civil supplies minister N Uttam Kumar Reddy assured support for the citys real estate and construction sector. He was speaking at the 14th edition of the property show at Hitex Exhibition Centre on Friday, October 25. He guaranteed real estate Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp &

25 Oct 2024 7:42 pm
Four arrested in real estate fraud in Hyderabad

Hyderabad: Four individuals were arrested on Thursday, October 24, for defrauding investors by promising high returns through two companies. The accused, identified as Byra Chandra Shekar, Vemulapally Jahnvi, and Garimella Venkata Akhildirectors of Squares and Yards Infra Pvt Ltdand Reddipalli Krishna Chaitanya, director of Ad Avenues, are all natives of Andhra Pradesh. Their arrests followed Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top

24 Oct 2024 10:36 pm
UNDP projects Lebanons economy could shrink 9.2 pc in 2024 if hostilities continue

United Nations: The United Nations Development Programme (UNDP) has estimated that Lebanons economy could shrink as much as 9.2 percent in 2024 if the escalating hostilities continue through the end of the year. The scale of the military engagement, the geopolitical context, the humanitarian impact, and the economic fallout in 2024 are expected to be Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribi

24 Oct 2024 12:02 pm
India remains largest growing economy globally: IMF

Washington: India remains the largest growing economy in the world, a senior official from the International Monetary Fund said, observing that the countrys macroeconomic fundamentals are good. India is said to remain the largest growing economy in the world. We project growth at seven per cent in FY24-25, supported by a recovery in rural consumption, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscrib

23 Oct 2024 11:21 am
Karnataka economy outpaces national growth: CM Siddaramaiah

Bengaluru: Karnataka continues to drive Indias economic progress, registering a robust GSDP growth of 10.2 per cent in FY 2023-24, significantly surpassing the national average of 8.2 per cent, the Chief Ministers Office said in a statement on Monday. The CMOs media release quoted data from the Union Ministry of Statistics and Programme Implementation (MoSPI). Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by

21 Oct 2024 1:39 pm
It takes special powers to: KTR slams Revanth over Telanganas economy

Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) on Monday, October 21, took a swipe on Telangana government over the states dipping economy. Refering to the on going demolition of illegal structures by the Hyderabad Disaster Response Asset Protection Agency (HYDRA), KTR said, When you emulate bulldozer raj, the results will be Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subsc

21 Oct 2024 12:12 pm
Surge in demand for luxury homes in Hyderabads real estate market

Hyderabad: The real estate in Hyderabad and other cities are witnessing a significant surge in demand for luxury homes, as more homebuyers prioritize bigger, high-end properties over affordable housing options. According to the latest ANAROCK-FICCI Homebuyer Sentiment Survey for H1 2024, demand for premium and luxury homes has soared, with a notable 45 percent of Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram

21 Oct 2024 12:09 pm
Will make Telangana USD 1 trillion economy: CM Revanth

Hyderabad: Telangana chief minister A Revanth Reddy on Sunday, October 20 said that the government aims to make Telangana USD 1 trillion economy. Addressing the Leadership summit at the Indian School of Business (ISB), Reddy said that to achieve the goal, Hyderabad needs to be transformed into a 600 billion-dollar economy. I need you to Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chan

20 Oct 2024 1:04 pm
Hyderabad based real estate firm dismisses reports of IT raids

Hyderabad: A Hyderabad-based real estate firm, Googee Properties has dismissed claims of Income Tax raids on its offices. In a statement, the chairman of Googee Properties, Shaik Akbar said that there were no raids and all their offices were functioning routinely. We would like to clarify that the recent reports regarding an Income Tax department Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing t

18 Oct 2024 12:50 pm
Telangana: Finance Dept sanctions 33 posts in real estate appellate tribunal

Hyderabad: State government has proposed the sanction of 33 posts in various categories for Telangana Real Estate Appellate Tribunal in Hyderabad. In its order that passed on Tuesday, October 15, the finance (HRM-II) department has directed the municipal administration and urban development (MA&UD) department to obtain the concurrence of the finance department before initiating measures Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Storie

15 Oct 2024 9:34 pm
Real estate projects in Hyderabad may face scrutiny for lake encroachment

Hyderabad: Numerous major real estate projects in Hyderabad have revealed significant encroachment on Full Tank Level (FTL) water bodies. The findings, based on a report by the Telangana Remote Sensing Application Centre (TGRAC) and deputy chief minister Mallu Bhatti Vikramarka, reveal that more than 170 lakes have been encroached upon since 2014, with the Outer Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram

8 Oct 2024 7:29 pm
India assures continued support for Sri Lankas rebuilding of economy

Colombo: India on Friday assured continued support to Sri Lankas economic rebuilding and, in turn, got word from Colombo that its territory will not be allowed to be used in a manner inimical to New Delhis security interests. During a meeting with External Affairs Minister S Jaishankar here, President Anura Kumara Dissanayake said that Indias Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to ou

4 Oct 2024 10:35 pm
Middle East conflict: Modi says region important for global economy

New Delhi: Prime Minister Narendra Modi on Friday, October 4 made oblique reference to the widening conflicts in the Middle East and the ongoing Russia-Ukraine war, saying the two regions were crucial for the global economy and energy security. His comments came amid fears of further escalation of conflict in the Middle East if Israel Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channe

4 Oct 2024 9:32 pm
India targets 3 trillion tourism economy by 2047

New Delhi: As India aims to become a 3 trillion tourism economy by 2047, it is fast becoming one of the worlds most sought-after travel destinations with 14.3 million international tourists in 2022 and Rs17.6 billion in revenue. The country saw 9.2 million foreign tourist arrivals in 2023, signifying a positive post-pandemic revival. The tourism Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to

28 Sep 2024 5:32 pm
Indian economy to grow at 6.5-7 pc in FY 2024-25 on steady state basis: CEA

Kolkata: Chief Economic Advisor (CEA) to the Union government, V Anantha Nageswaran, on Friday said that the Indian economy is expected to grow at a rate of 6.5-7 per cent in the current financial year on a steady state basis. He said the growth rate is commendable given the current global scenario. Speaking virtually at Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can al

27 Sep 2024 1:50 pm
US prez debate: Trump, Harris clash bitterly on economy, abortion, immigration

Washington: Vice-President Kamala Harris and former President Donald Trump clashed bitterly on the issues of economy, abortion, immigration, foreign policy, healthcare, and a whole range of issues in their first presidential debate here. Harris attacked Trump on abortion, calling him responsible for the Supreme Court decision to end decades of abortion rights. She also attacked Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on What

11 Sep 2024 9:38 am
Hyderabad real estate market witnesses surge in housing prices

Hyderabad: Hyderabad has witnessed a dramatic 80 percent rise in housing prices over the past four years, mirroring a broader upward trend across Indias real estate market, according to a recent report by Magicbricks on housing affordability in major Indian cities. The report highlighted a sharp increase in the property price-to-annual household income (P/I) ratio Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegra

9 Sep 2024 10:18 am
Cooperative movement had profound impact on Indias socio-economy: Om Birla

Kota: Lok Sabha Speaker Om Birla on Sunday underscored the pivotal role played by cooperative institutions in the country and asserted that the cooperative movement has catalysed a remarkable metamorphosis in the socio-economic sphere of the nation. The Kota-Bundi parliamentarian was interacting with media persons on the sidelines of the annual convention of Hitkari Cooperative Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on What

8 Sep 2024 10:23 pm
Telangana aims to become USD 1 trillion economy in future: Sridhar Babu

Hyderabad: Telangana aims to become a USD 1 trillion economy in near future from the existing USD 176 billion, Minister for IT and Industries D Sridhar Babu said on Thursday. Addressing the gathering at the inaugural session of the Global AI Summit, 2024, hosted by the state government, the minister said at the heart of Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can als

5 Sep 2024 7:56 pm
Hyderabad real estate sees rise in sales of ultra-luxury homes

Hyderabad: The real estate market in Hyderabad has seen a rise in the sales of ultra-luxury homes over the past eight months. According to a report by real estate services company ANAROCK, 25 ultra-luxury homes were sold this year up to August across Mumbai, Hyderabad, NCRs Gurugram, and Bengaluru. Hyderabad real estate sees two-fold rise Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our ch

5 Sep 2024 1:20 pm
Most active real estate micro-market in Hyderabad revealed

Hyderabad: A study has identified the most active real estate micro-market in Hyderabad, which saw over 18,000 new units supplied between 2019 and H1 2024. According to a report by the real estate services company ANAROCK, Tellapur is the most active real estate market in Hyderabad. Hyderabads Tellapur 9th most active real estate market Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our cha

3 Sep 2024 12:36 pm
Real estate in Hyderabad: Kokapet, two other areas see huge price appreciation

Hyderabad: The real estate market in Kokapet and two other areas in Hyderabad has witnessed a significant surge in prices. According to a report by the real estate services company ANAROCK, among the top 10 areas from various Indian cities that saw a surge in prices, three are from Hyderabad. Real estate in three areas Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also

26 Aug 2024 1:19 pm
Job searches from abroad to India surge 60 pc amid thriving economy: Report

New Delhi: Driven by growing interest in the countrys thriving technology, engineering and digital services sectors amid overall economic growth, job searches from abroad to India have surged by nearly 60 per cent since June 2021, a report revealed on Thursday. The country is rapidly becoming a top destination for talent, while blue-collar workers are Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscrib

22 Aug 2024 11:50 am
Hyderabad to witness major real estate boom: Uttam Kumar

Hyderabad: Telangana Civil Supplies and Irrigation minister N Uttam Kumar Reddy predicted a significant boom in Hyderabads real estate and construction industry, driven by a series of innovative and ambitious projects announced by chief minister A Revanth Reddy, deputy chief minister Bhatti Vikramarka, and IT & Industries minister D Sridhar Babu. Speaking at the state Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Tel

20 Aug 2024 5:55 pm
India a bright spot, to remain fastest-growing major economy this year: Report

Mumbai: Despite global macro-economic conditions, India continues to remain a bright spot and is expected to be the fastest-growing major economy this year, a report showed on Tuesday. The country has become the fifth-largest economy in the world, and is set to be among the top three global economic powers soon. Dr Gita Gopinath, Deputy Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chan

20 Aug 2024 2:29 pm
Headline numbers of Indias economy are strong: Gita Gopinath

New Delhi: The overall headline numbers of Indias economy are strong, reflecting a large amount of public investment which has been a critical factor driving growth, according to IMF Deputy Managing Director Gita Gopinath. She said India must carry out further reforms to maintain its growth trajectory and ensure sufficient job creation. Gita Gopinath, who Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subs

19 Aug 2024 12:51 pm
India on way to become worlds third-largest economy: PM Modi

New Delhi: As 140 crore Indians collectively work towards creating a Viksit Bharat by 2047, the country is on its way to become the third-largest economy with big reforms across sectors, Prime Minister Narendra Modi said on Thursday. Addressing the nation from the ramparts of the Red Fort on the occasion of the 78th Independence Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. Yo

15 Aug 2024 9:11 am
BJP working like real estate company: Akhilesh Yadav on Waqf bill

Lucknow: The Waqf (Amendment) Bill is just an excuse to sell land in the interest of BJP members, Samajwadi Party president Akhilesh Yadav said on Thursday and claimed that the saffron party was working like a real estate company. He also suggested that the BJP rename itself to the Bharatiya Zameen Party. In a post Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also dow

8 Aug 2024 11:14 am
Hyderabads real estate market continues to be second most expensive in India

Hyderabad: The residential real estate market in Hyderabad continues to be the second most expensive in India after Mumbai. According to the Affordability Index by Knight Frank India, a property consultancy, the EMI-to-income ratio in Hyderabad is 30 percent. Residential real estate market in Hyderabad sees no change in affordability Although Hyderabad remains the second Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp &

7 Aug 2024 1:41 pm
Hyderabad: Retired SP duped of Rs 14.7 cr in real estate fraud

Hyderabad: B Janardhan Reddy, an 81-year-old retired Additional Superintendent of Police (ASP), was allegedly defrauded of Rs 14.70 crore by a conman named Rakesh Manyam and his associates. Over the past 15 months, Rakesh collected the money from Reddy, his family members, and relatives under the pretext of investing in real estate ventures. Reddy had Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscrib

7 Aug 2024 9:16 am
Israel announces assassination of Hamas economy minister

Israel Defence Forces on Monday said that it killed Hamas minister Abed Al-Zeriei in an airstrike in the Gaza Strip a day ago. Al-Zeriei was an operative in the Military Wings manufacturing department and was also Hamass economy minister in the Gaza Strip, the Israeli minister said. He had a significant role in directing Hamas Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You

5 Aug 2024 8:03 pm
UAEs real estate sector on upward trajectory in H1 2024

The UAEs real estate sector continued to thrive and attract investment during the first half of 2024, supported by the countrys economic and financial stability, and the launch of new world-class projects to meet the rising demand for various property units. According to a report by the Emirates News Agency (WAM), major real estate companies Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our

4 Aug 2024 4:28 pm
Hyderabad: GHMC road widening in Old City to boost travel, real estate

Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) has identified over 300 properties for road widening on the Falaknuma bus depot to Shastripuram Junction via Vattepally. The Falaknuma to Shastripuram junction will further connect with the Mailardevpally and Aramgarh road. Road widening works is at a brisk pace on the two-kilometres stretch, one of the heavily Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp &

29 Jul 2024 9:57 pm
Expansion of Bengaluru-Hyderabad highway will boost regional economy

Bengaluru: BJP MP and former Karnataka Cabinet minister K. Sudhakar on Tuesday said that the announcement in the Budget to convert the Bengaluru-Hyderabad highway to a 12-lane expressway will boost the regional economy. Speaking to the media, Sudhakar said: The expansion of the Bengaluru-Hyderabad Highway to a 12-lane expressway will boost the economy in the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by s

24 Jul 2024 7:28 am