Hyderabad sees surge in luxury housing: NAREDCO Chief

31 May 2024 CW Team

The housing market in Hyderabad, similar to many other places in India, is witnessing a notable trend towards luxurious homes featuring spacious layouts and high-quality amenities. The ongoing rise in property prices throughout 2024 and the changing market dynamics.

Implementation of unlimited floor area ratio (FAR), government policies, and regulations have impacted the property market in Hyderabad. The real estate sector in Hyderabad has experienced significant growth, credited to the government's focused efforts on infrastructure development and the expansion of industries, particularly in IT, ITES, and pharmaceutical sectors. The removal of the FAR cap has enabled developers to effectively cater to the increasing demand. Notably, several major projects in the city now provide more open spaces and larger living areas compared to other cities, leading to substantial growth in Hyderabad's property market.

According to recent property registration data, approximately 85% of residential flats registered in the city during the first four months of 2024 have a size of 1000 sq ft or larger. Conversely, there has been a decline in demand for flats below 1000 sq ft on a year-on-year basis. Despite this trend, property prices in Hyderabad remain relatively affordable compared to cities like Mumbai, partly due to the value-for-money proposition offered by developers in terms of larger flat sizes and enhanced amenities.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..