Best Realestate Company in Hyderabad - Padmasri Townships

Realestate Market Commercial Segment In Hyderabad While the real estate housing sector had been bleak in the past year, the commercial segment has seen quite an improvement. A rise in the IT/ITE sectors in India that is moving towards high value segments like artificial intelligence, data analytics and product development, supporting the rise in demand for office space. Total office transaction in H1 2019 was a strong 28 million sq ft on the back of an all-time high of 48 million sq ft in 2018. Rentals and leasing of office space have also been rising with companies like Whats App, Apple, Facebook expanding their presence in India. There is a large office supply lined up for next year too, hence the rental growth may moderate in 2020. However, in the midst of a rise in the commercial real estate segment in India, Hyderabad needs a special mention. With many companies shifting their base to Hyderabad, the city is growing as an affordable alternative for state-of-the-art office spa...

Hyderabad:  In what could be a big push for Telangana, Amazon Data Services India’s proposal to set up two data centres in the State has got Environmental Clearance (EC) ‘subject to submission of undertaking on certain issues’. As per the minutes of the State Environment Impact Assessment Authority meeting held on February 7, the projects’ recommendations by State Level Expert Appraisal Committee (SEAC) has been discussed in detail and approved for issue of EC subject to general conditions. Amazon is looking to set up two data centres (DCs), one in Meerkhanpet village, Kandukur mandal and another in Chandanvelly and Hythabad village in Shabad mandal of Ranga Reddy district, with an investment of Rs 11,624 crore (approximately $1.6 billion). While the DC in Meerkhanpet village will be spread across 82,883.5 sq metres, the centre in Chandanvelly and Hythabad village will be 66,003 sq metres area. This massive project is a positive sign for the Telangana government that has be...

With the city's East Zone development on track after the well-executed 'look East' policy by the government, it is now the turn of the South Zone to grab its share of sunshine. Its connectivity with the East, and much developed West Zone can work as a facilitator in the process. The overall development of the city depends on the decentralization of growth. The state government is working on achieving just that after fostering growth of the East Zone with a dedicated policy. Now the government wants to implement the same for the South Zone for both commercial and residential sector development. Rajeshwar Kacham, Vice President, Confederation of Real Estate Developers Association of India Telangana Chapter is of the opinion that all areas need to develop equally if the city needs to develop into a prosperous city. He says, "Hyderabad's South Zone has to have an equal stake in the development of the city." Reiterating the impact of fast transport on housin...