HMDA earns Rs.365 cr revenue

Wed 17 Feb 2021, 12:45:46
Hyderabad Metro Development Authority (HMDA) earned Rs.365 crore revenue during the past 10 months through building permission and layout approval.  It earned monthly revenue of more than Rs.29 crore as development charges for nine months and its average revenue dipped only in the month of April where it earned a paltry Rs.7 crore.

The increase in HMDA revenue is a refutation of the myth that the real estate sector in the city slacked due to coronavirus pandemic.  The number of persons wanting to construct their own home and are investing in open plots and flats is increasing which is filling the coffer of the HMDA. There is a growing trend among the people to invest in HMDA approved clear titled open plots and flats by opting for gated community ventures.

No Comments For This Post, Be first to write a Comment.
Leave a Comment
Enter the code shown:

Can't read the image? click here to refresh
learn quran online easily

Todays Epaper

Latest Urdu News

Which political party will win the Nagarjuna Sagar Assembly by-poll to be held on April 17?