The Hyderabad Disaster Response and Assets Protection Agency (HYDRAA) has successfully cleared illegal constructions in Jubilee Hills, reclaiming park land worth Rs 200 crore. The agency, set up to address urban challenges, has taken significant steps to protect public assets.
HydraaJubilee HillsLand ReclamationPark DevelopmentIllegal EncroachmentReal EstateMay 24, 2025
HYDRAA stands for the Hyderabad Disaster Response and Assets Protection Agency. It is a government agency set up to address urban challenges in Hyderabad, particularly concerning disaster management and the protection of public assets from illegal encroachments.
HYDRAA reclaimed approximately 2 acres of park land or nala land worth more than Rs 200 crores in Jubilee Hills.
The encroacher, a tenant, was operating hotels and hostels by encroaching upon the road and nala, generating an estimated ₹10 lakh in monthly rent.
HYDRAA issued notices to the tenant, who then challenged these notices in court. Following the court’s orders, the structures built by encroaching on the nala and road were demolished.
The Greater Hyderabad Municipal Corporation (GHMC) plans to develop a good park on the reclaimed land to benefit the local community.
A new study reveals that big banks' exposure to commercial real estate debt is much higher than thought
Domestic equity bourses witnessed a surge in stocks of Ola Electric Mobility, Suzlon Energy, Sky Gold, Suraj Estate Developers, Max India, and Brightcom Group, with all of them hitting the upper circuit on Monday.
Mumbai, the heart of India’s real estate market, continues to set new benchmarks in property transactions. In a recent development, Arpita Khan Sharma, the sister of Bollywood superstar Salman Khan, has listed and sold her luxury duplex in the upscale nei
The rapid expansion of India's construction sector, driven by ambitious infrastructure projects and real estate booms, has inevitably led to a rise in construction disputes. This article explores the common causes, legal frameworks, and strategies to miti
The Uttar Pradesh Police have lodged an FIR against the Ansal Group, a prominent real estate developer, on charges of cheating, breach of trust, and criminal conspiracy following direct instructions from Chief Minister Yogi Adityanath.
ITC, a market leader in paper production, has acquired Aditya Birla's Uttarakhand paper unit for Rs 3,498 crore. This strategic move underscores ITC's commitment to expanding its paper production capacity and solidifying its market position.