Hyderabad turning a new city of skyscrapers
The IT corridor of Hyderabad is gradually turning into a city of skyscrapers as builders in the area are vying to tower past the 40-floor mark. The most recent case in point is that of the Bengaluru-based Sumadhura Group as its 44-floor residential venture named Sumadhura Olympus in Financial District got the green signal from civic authorities. The mega project, which is being marketed as the tallest property in the city, is expected to be ready by 2025. But until it takes off, it’s home-grown Rajapushpa Properties’ Provincia in Narsingi is holding onto that title with G+39 floors. The project is currently under construction and has sold most of its top floors at a base price of ₹6,549 per square feet.

Executive Director, P Sreenivas Reddy, informed that there is tremendous demand for the top floor, especially those above the 30th floor. The reason to go vertical is to have more open space around the project and that's possible only if the building is above a certain height.

For Candeur Constructions though, the idea was to grab maximum attention with their debut show in Hyderabad as their projects in their home ground, Bengaluru, are limited to 24 floors. The 'Candeur 40' in Miyapur will have 40 floors once it is ready by mid 2024. Senior Manager (sales) of SAS Infra, Madhusudan Kilari, informed that of the total 346 units that the company has sold so far, the majority are on the top floors and 3BHKS. Building a 36 floor Tower in Nanakramguda is marketed as Hyderabad's tallest commercial project so far. The firm is drawing up plans to launch a 57-storeyed residential tower in the city soon, hoping for it to become the tallest housing project across South India.

Other than these, there are a lot of other projects in their early stages of planning, which are expected to be above 40 floors. All of them are planned for the western fringes of Hyderabad and are under the price range of ₹6,500 to ₹7,000 per sft (on an average).

Macrotech Developers gets approval for 1,200-acre townships

Realty Developer, Macrotech Developers, the erstwhile Lodha Group, has received approval for the development of an integrated township spread over 1,200 acres near Navi Mumbai. The project, to be part of the developers Read More ...

MoRTH clears ₹169-cr six-lane flyover in Pune

To resolve the perennial traffic chaos at the busy Katraj chowk in Pune city, the Union transport ministry has sanctioned ₹169.15 crore for building a six-lane flyover at the junction that falls on the National Highway stretch Read More ...

Siemens-Hinduja inks MoU to offer electric vehicles solutions

Siemens Limited and the Hinduja Group's Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to work in the electric commercial vehicles segment. Siemens Financial Services (SFS) Read More ...

NBCC launches redevelopment of ₹360-cr Lucknow station

The redevelopment of the Gomti Nagar Railway Station is being built in a joint venture between NBCC and the Railway Land Development Authority (RLDA) on EPC model in Lucknow at an investment of ₹360 crore. It is expected to be Read More ...

Ircon floats tender for Indo-Nepal rail project

Ircon International Limited has invited tender for the Northeast Frontier Railway to execute civil works at Biratnagar Station (Nepal) in connection with the construction of New Broad Gauge Railway Line from Jogbani (India) to Biratnagar Read More ...

NHAI to award ₹2.25 lakh cr projects in FY22

The National Highways Authority of India is planning to award projects of approximately ₹2.25 lakh crore in the current fiscal. In the last fiscal, it had awarded 141 projects (4,788 km) worth ₹1.71 lakh crore. Read More ...

Sunteck Realty takes up luxury project in Mumbai

Sunteck Realty has entered into a joint development pact with the landowners of a seven-acre land parcel at Borivali West in Mumbai to develop a luxury residential project. From the project, it has targeted sales revenue Read More ...

PNC Infratech wins PRT project in Haridwar

PNC Infratech has secured a project in Haridwar for the development of Personalised Rapid Transit (PRT) System. Uttarakhand Metro Rail Corporation (UKMRC) official informed that the PRT system, called Haridwar Darshan Read More ...

Lucknow gets ₹180-cr flyover near Khurram Nagar

The Union defence ministers Rajnath Singh has laid the foundation stone of a ₹180-crore flyover project near Khurram Nagar in Lucknow. The defence minister, who is also the local MP, also listed several road projects Read More ...

MahaMetro invites EoI for ₹2,092-cr Neo-Metro

Maharashtra Metro Rail Corporation (MahaMetro), the implementing agency for the Nashik Neo-Metro, has invited expression of interest (EoI) for the manufacture, supply, commission and maintenance of the Read More ...

NCRTC kicks-starts work on Delhi-Meerut RRTS corridor

Work on the National Capital Region Transport Corporation's (NCRTC) Delhi-Ghaziabad-Meerut corridor has started at Sarai Kale Khan alongside operational simulations in the virtual dimension. To be completed by 2025 Read More ...

DPRs underway for ₹35,000-cr highway projects

The Union transport minister informed that the detailed project reports are being prepared for 4,080 km projects of ₹35,000 crore under the Bharatmala Pariyojna, including 121 km Ram Van Gaman Marg extension and famous Sharda Read More ...

Adani Transport wins ₹2,020-cr contract in road sector

Adani Road Transport, which is a wholly-owned subsidiary of Adani Enterprises, has secured a ₹2,020.93 crore road project in West Bengal on the build operate and transfer (BOT) Toll model. The scope of work entails the Read More ...

Decks cleared for ₹8,417-cr Metro 5 line in Mumbai

The Maharashtra State Environment Impact Assessment Authority (SEIAA) has granted coastal regulatory zone (CRZ) clearance to the Mumbai Metropolitan Region Development Authority's (MMRDA) Metro-5 line Read More ...

MoRTH approves ₹1,250-cr road projects in Assam

The Union transport ministry has approved road projects of over ₹1,250 crore in Assam. The government has approved three projects including a road project worth ₹286.72 crore in the Bilasipura-Guwahati on NH-17 Read More ...

Alpha Corp fixes ₹1,000-cr stalled projects in Delhi-NCR

Realty developer Alpha Corp has planned to invest ₹1,000 crore in restarting the 10 stalled projects in the Delhi-NCR region. Chief Financial officer Santosh Agarwal informed that with the help of the buyer associations in these projects Read More ...

Centre approves ₹979-cr roads & bridges in Odisha

The Centre has approved the construction of a bypass for Berhampur town connecting Ratnapur with Narendrapur on NH-59 along with two other projects involving a combined investment of ₹979 crore. The projects included the Read More ...

IRB Infra wins ₹828-cr NH project in HP

IRB Infrastructure Developers has received the Letter of Award from NHAI for ₹828 crore highway contract in Himachal Pradesh. The company has received the order for rehabilitation and up-gradation to four lanes configuration Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week

Please publish modules in offcanvas position.