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Amaravati region, especially Vijayawada, became a hub for real estate after the city became a part of the capital region in 2015. Many builders started group houses that resemble apartments.[#full_content_wordai]

“These properties are part of the assets of three companies which have been taken over by Jaquar and Company Pvt Ltd by investment of Rs 230 crore in shares of these companies,” said a spokesperson for Jaquar.[#full_content_wordai]

The authority has also sought suggestions from homebuyers associations in the national capital region on its draft guidelines on formation of residents’ welfare associations (RWAs) and Association of Allottees (AOA).[#full_content_wordai]

Under the current programme, vulnerable tenants are protected from eviction and can apply for a moratorium or partial cancellation of their rent if their landlord owns more than 10 properties, over 1,500 square metres of property, or is a public entity.[#full_content_wordai]

Rents were initially frozen for five years in February 2020, affecting about 1.5 million apartments. A second stage came into effect in November 2020 when landlords were forced to cut rent for more than 300,000 tenants.[#full_content_wordai]

National home sales rose 5.2% in March from February, as more supply came to the market and was quickly snapped up by hungry buyers. Actual sales, not seasonally adjusted, rose 76.2% from a year ago.[#full_content_wordai]

Many have raised the issue of irregular meter reading by the DHBVN officials and inflated bills due to defective smart meters.[#full_content_wordai]

The MPD-2041 also aims at incentivising new formats like serviced apartments, condominiums, hostels, student housing, worker housing, etc.[#full_content_wordai]

About 300 farmhouses ranging from Rs 10 crore to Rs 150 crore are on sale in areas such as Westend Greens, Sultanpur, Pushpanjali, Vasant Kunj, DLF Chhattarpur, Radhey Mohan Drive and Ansal Satbari.[#full_content_wordai]

Launched in October 2016 ,OSB Expressway Towers on 7.5 acres has over 1,000 units, each in the range of Rs 14 to 26 lakh. The developer, Ocean Seven Buildtech (OSB) Group, had initially promised possession in May 2021. But the construction was stopped around 18 months back.[#full_content_wordai]