HYDRA starts website to answer real estate questions

HYDRA starts website to answer real estate questions
Text Size: 100%

Hyderabad: The Hyderabad Disaster Response and Assets Protection Agency (HYDRA) Commissioner, AV Ranganath, launched a new website on Thursday called HRCSIndia.com. This website is designed to make real estate dealings in Hyderabad more transparent and legally clear.

Created by HRCS India, a RERA-certified organisation, the platform offers free, verified information related to property laws and home loans. It helps buyers and sellers check if a property falls within Full Tank Level (FTL) or lake buffer zones—areas that may have restrictions on construction.

During the launch, Commissioner Ranganath said that HYDRA will play a key role in supporting environmentally friendly urban development. He mentioned that the agency was formed to protect important public areas like lakes, parks, drainage systems, and government lands from illegal encroachment.

Advertisement

Ranganath stressed the importance of verifying property documents before buying. He warned that some people are illegally changing survey numbers and building houses on government land using fake layout permissions. Buyers must be extra cautious to avoid such fraud.

Also read:  HYDRA Demolishes 5 Illegal Buildings in Shastrapuram Colony, Saves ₹100 Crore Playground

HYDRA is also helping the public better understand lake boundaries and terms like FTL and buffer zones. Soon, detailed maps showing lake boundaries and government lands will be available to everyone through the HYDRA platform.

In addition, the Commissioner announced plans to beautify and develop six lakes in the city. These projects are expected to be completed by the upcoming monsoon season. He said that such efforts, along with better drainage, will help reduce urban flooding.

Advertisement

Speaking about the current state of the real estate market, Ranganath noted that around 3,00,000 unsold flats and houses are already built in Hyderabad. However, he mentioned that signs of a recovery are starting to show.

He concluded by saying that a transparent and honest real estate market benefits everyone. Referring to a similar market slowdown in 2008, he said that if properties are priced affordably, the industry will recover.

Advertisement
Disclaimer: For article corrections, please email newsdesk@telanganatribune.com or fill out the Grievance Resolution form
Who will be the next CM of Telangana?
KCR / KTR / Harish Rao
Revanth Reddy
Others
Download our App:
Nikhil Reddy
Written by
Nikhil Reddy

Leave a Reply

Your email address will not be published. Required fields are marked *