Uncertainty Over 30,000 Hyderabad 2BHKs

24 Jan 2024 CW Team

The completion of 30,000 two-bedroom apartments (2BHKs) in Hyderabad hangs in the balance as the Greater Hyderabad Municipal Corporation (GHMC) awaits a fund infusion of Rs 15 billion to finish pending construction. The uncertainty surrounding the availability of funds has left the fate of these residential units in limbo.

The GHMC had initiated the construction of these 2BHK units as part of a housing scheme to provide affordable housing options to citizens. However, the lack of adequate funds has led to a delay in completing the pending work, leaving thousands of homebuyers in a state of uncertainty.

The 2BHK housing project is a significant initiative aimed at addressing the housing needs of the urban population in Hyderabad. The delay in its completion not only affects the homebuyers eagerly awaiting possession but also impacts the broader objective of providing affordable housing solutions in the city.

The GHMC's plea for a fund infusion of Rs 15 billion emphasises the financial challenges faced in executing large-scale housing projects. The resolution of this funding issue is crucial for ensuring the timely completion of the 2BHK units, allowing homebuyers to take possession of their homes and realising the broader vision of affordable housing in Hyderabad.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..