11,700 2BHK Homes Allocated in GHMC

04 Sep 2023 CW Team

In the initial phase, 11,700 2BHK housing units were allocated to recipients within the city on Saturday. Beneficiaries were selected from all GHMC constituencies in preparation for the upcoming elections.

Since the state government introduced the double-bedroom housing scheme, a total of 0.7 million applications have been received for 2 BHK houses within GHMC limits. During the online lottery draws, 500 beneficiaries were chosen from each assembly constituency.

MA&UD Minister KT Rama Rao was scheduled to inaugurate the housing scheme at Quthbullapur and hand over keys to 1,700 beneficiaries but was unable to attend due to being abroad. In his absence, Minister Talasani Srinivas Yadav, along with Quthbullapur and Kukatpally MLAs, presided over the inauguration.

Talasani assured transparency in the process through the lottery draw and advised those who didn't secure allotments in the first phase not to worry, assuring that all eligible individuals would receive houses.

In Kollur, Health Minister Harish Rao distributed 2BHK housing certificates to 3,500 beneficiaries in the Patancheru constituency. In Secunderabad Cantonment, the late MLA G Sayanna's daughter, Lasya Nandita, attended the launch at Bahadurpally.

The event in the city was attended by GHMC Mayor Gadwal Vijayalaxmi, Hyderabad Collector Anudeep Durishetty, and GHMC Commissioner D Ronald Rose. Various ministers who presented keys to beneficiaries highlighted the numerous welfare schemes implemented by the Telangana government. Each housing unit is estimated to cost between Rs5 and Rs 6 million.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..