Housing sales up 5% to 87,108 units across 8 cities in Q2 FY25: Report
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
Telangana HC grants bail to Nizampet commissioner in HYDRAA case
Justice Juvvadi Sridevi of the Telangana High Court granted anticipatory bail to Municipal Commissioner P Ramakrishna Rao, who had been charged by the Cyberabad police following a complaint from HYDRAA. The complaint alleged that Rao had granted building permissions within the buffer zone of Errakunta Pond in Bachupally, under the Nizampet municipality. The judge concurred with the argument made by the Municipal Commissioners Association, which stated that the TG b-PASS system had bypassed the municipal commissioners, assigning the responsibility of approving or rejecting building permissions..
NRI duped of Rs 30.6 million by Hyderabad real estate company
A Non-Resident Indian (NRI) from Nigeria lost Rs 30.6 million after being lured by a real estate firm that promised to provide him land in Kondapur, where a popular Tollywood hero served as the brand ambassador. After collecting the payment, the accused promised to register the property but ultimately deceived the businessman by making him wait at the sub-registrar's office without showing up. The victim approached the Cyberabad police and filed a criminal case against the proprietor of the real estate company. The complainant had been in search of land with potential for appreciation during ..
Alpex Solar to invest Rs 6.42 billion in 1.6 GW solar cell production capacity
Alpex Solar announced its entry into solar cell manufacturing, with plans to establish a 1.6-gigawatt (GW) capacity plant in Kosi Kotwan, Mathura, at an estimated project cost of Rs 6.42 billion. As stated in the official press release, the expansion will occur in three phases, with the first 500 MW expected to be operational by October 2025. The completion of the remaining two phases is scheduled for April 2026 and September 2026, respectively. Ashwani Sehgal, the managing director of Alpex Solar, indicated that this initiative is the largest since the company's inception and aims to elevat..