Sai Surya Developers, a real estate firm based in Hyderabad, has been implicated in multiple allegations of fraud and misconduct. The company's owner, Kancharla Satish Chandra Gupta, faces accusations of defrauding numerous buyers by failing to deliver promised properties and misappropriating funds. In one notable case, a group of investors collectively invested over ₹3 crore in the company's "Green...
Real Estate News
The real estate market in Hyderabad is currently experiencing a significant slowdown due to a huge oversupply. Despite being relatively cheaper than other metro areas, house prices in the city have risen sharply. No part of Hyderabad now offers properties for less than Rs 1 crore to Rs 1.25 crore, with residential prices in the western region reaching a minimum of Rs 10,000 per square foot. This price...
The report showed that the cost of buying a home in India has increased a lot compared to household income, making homes harder to afford. Representative Image Imagine buying a home in Hyderabad today—it’s 80% costlier as compared to what it was 4 years ago. The same holds in MagicBricks research that exhibited this growth, and just like the Indian real estate industry is growing...
Here's the tremendous growth of the Indian real estate sector, and Bengaluru and Hyderabad were at the forefront being the technology cities. These two cities have therefore experienced property price appreciation of over 80 percent in recent past. This is not a passing fancy, which we see in many planting sectors on the ESA. They include the increasing information technology industry, proper development...
Hyderabad, August 9, 2024 — Hyderabad has become a hotspot for luxury real estate in India, witnessing a significant rise in the sale of high-end homes. The city has recorded a 44% increase in the sale of luxury units, making it one of the leading markets in India for premium properties. This growth is largely driven by India’s wealthy individuals, who are increasingly investing in uber-luxury homes....
By Admin August 10, 2024: Hyderabad Breaks Record with Over 46,000 home registrations in 2024 Hyderabad has made headlines with an extraordinary achievement in the real estate sector. As of August 2024, the city recorded over 46,000 home registrations, setting a new benchmark for property transactions. This marks a 17% increase compared to the same period in 2023, showcasing Hyderabad's growing...
