Strict action against projects without proper permissions: HYDRAA chief AV Ranganath, flags link between unauthorised construction and urban woes
HYDERABAD: At the Times Home Hunt Property Expo, HYDRAA commissioner AV Ranganath cautioned that any new projects lacking permissions or built on encroached land will face strict action.
"Only layouts approved before HYDRAA's formation on July 19 last year will be exempt. All others must comply with current regulations," said Ranganath, noting that unchecked construction contributed significantly to urban issues like flooding and traffic congestion.
HYDRAA was set up not just as a watchdog, he said, but also as a proactive body aimed at promoting responsible urban development.
"HYDRAA is not just about demolitions. We are focused on creating a healthier, more environmentally conscious real estate ecosystem," Ranganath added.
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Time of India
a day ago
- Time of India
Strict action against projects without proper permissions: HYDRAA chief AV Ranganath, flags link between unauthorised construction and urban woes
HYDERABAD: At the Times Home Hunt Property Expo, HYDRAA commissioner AV Ranganath cautioned that any new projects lacking permissions or built on encroached land will face strict action. "Only layouts approved before HYDRAA's formation on July 19 last year will be exempt. All others must comply with current regulations," said Ranganath, noting that unchecked construction contributed significantly to urban issues like flooding and traffic congestion. HYDRAA was set up not just as a watchdog, he said, but also as a proactive body aimed at promoting responsible urban development. "HYDRAA is not just about demolitions. We are focused on creating a healthier, more environmentally conscious real estate ecosystem," Ranganath added.
Time of India
a day ago
- Time of India
Realty market rebounds after two-year slump: 13% monthly growth in registrations since Feb 2025, says Telangana IT minister; buyers warned of scams
HYDERABAD: After two years of sluggish growth, Hyderabad's real estate sector is experiencing a strong resurgence, said IT and Industries minister D Sridhar Babu at the Times Home Hunt Property Expo on Saturday. He stated that the market had recorded consistent 13% month-on-month growth in property registrations since February 2025. "The real estate sector registered a 15.4% growth in 2024-25, while the construction sector alone contributed 11.97%, adding nearly 80,000 crore to the state's economy," he said. He also noted that in February 2025, 5,900 property registrations were recorded, with 18% of the registered properties priced above Rs 1 crore. Year-on-year transactional growth stood at 6%. The Times Home Hunt Property Expo featured residential and commercial projects from 35 developers across Hyderabad, showcasing around 100 real estate projects focused on smart homes, gated communities, and wellness-oriented townships. 3,000 visitors on first day The two-day expo, which concludes on Sunday, recorded around 3,000 visitors on its opening day. Overall, the event is expected to attract nearly 5,000 footfalls across both days. Entry is free for all homebuyers at the Hitex Exhibition Center. The event is presented by Aparna Constructions, with powered sponsorship from Ramky Estates, My Home Group, and Candeur Constructions. It is held in association with Auro, SRIAS, R-One, and ASBL, while Union Bank of India serves as the official banking partner. Sridhar Babu cautioned homebuyers to remain vigilant due to a rise in property scams. He urged them to verify RERA, HMDA and other approvals, and to carry out background checks on developers before making investments. He recommended that buyers register properties only through the Build Now portal, an initiative by the state govt to streamline approvals and ensure accountability and transparency in the real estate process.
Time of India
a day ago
- Time of India
Strict action will be taken against projects lacking proper permissions, says HYDRAA chief
Hyderabad: At the Times Home Hunt Property Expo held recently, Hyderabad Disaster Management and Asset Protection Agency (HYDRAA) commissioner A V Ranganath cautioned that any new projects lacking proper permissions or built on encroached land will face strict action. 'Only layouts approved before HYDRAA's formation on July 19 last year will be exempt. All others must comply with current regulations,' said Ranganath, noting that unchecked construction contributed significantly to urban issues like flooding and traffic congestion. HYDRAA was set up not just as a watchdog, he said, but also as a proactive body aimed at promoting sustainable and responsible urban development. 'HYDRAA is not just about demolitions. We are focused on creating a healthier, more environmentally conscious real estate ecosystem,' Ranganath added. The authority is working closely with other agencies to rejuvenate lakes, address urban flooding, and improve drainage infrastructure. He also pointed out that traffic congestion alone costs the state nearly Rs 300 crore in infrastructure loss, underscoring the need for better planning. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo 'We received criticism that HYDRAA slowed real estate activity, but there were geopolitical concerns, delays in RERA clearances, and approval bottlenecks at GHMC and HMDA—also played a role. If a project is legally approved, we won't interfere. Our aim is to ensure compliance and environmental responsibility,' he said.
