The Gory Reality of Old City Realty

Publish Date:May 4, 2011

Advertisement

The gory reality of old city today is that land disputes are no more settled in courts, but through cold-murders, kidnappings or other such heinous acts of violence. Gone are the days when political differences and community factor used to be the main reasons for disputes. Now the people, particularly of the old city, have only property disputes among themselves. Real estate observers in the city note how property related crimes in Hyderabad have almost become the order of the day. With land prices across the twin cities shooting through the roof over the last one decade and scores of 'unwarranted' investors entering the market, they claim that the property game has indeed become a dirty one.

One such incident is the fallout between two rival groups of old city witnessed recently that left one dead and three others (Chandrayangutta MLA Akbaruddin Owaisi and two members from Pehelwan's family) critically injured. It is everybody's knowledge that apart from political differences, it was a long drawn land dispute that led the groups resort to violence. This gory reality of real estate business hasn't sprang up suddenly, but is actually rooted in the Nizam's era when vast stretches of land were owned by the royal family and their friends and relatives. "Once the Nizam's rule ended, many of these land ran into title tussles with more than one heir from the royal family claiming right over them. There were third parties too who rushed in to pick up properties whose original owners had fled the city by then," say the old timers.

Then came the urban land ceiling (ULC) into force, leading to more confusion. With the government making no sincere effort to clearly demarcate the ULC land from the privately-owned land, it only opened up more avenues for land 'mafias' to use illegal means of grabbing these properties. In the Old City for instance, most of the land that now houses modern buildings, are under dispute due to the widespread presence of land grabbers. This has also resulted in financial institutions shying away from doing business with developers in that area. Observers say that the recent attack on the legislator in broad daylight isn't likely to end there, but may lead into a gang war.
 

By
en-us Political News

  
Shamshul Huda was arrested yesterday in Nepal along with three others in a train derailment in Kanpur, Uttar Pradesh. The National Investigation Agency (NIA) on Tuesday confirmed Huda's arrest.
IT Officials Conducted Raids On Tamil Nadu Chief Secretary Rama Mohana Rao who has close links with Shekar Reddy
Publish Date:Dec 20, 2016
Sambit Patra Vs Asaduddin Owaisi Debate Video

 Rajnath Singh smooth punch to congress for coining Hindu Terrorism 

Publish Date:Jul 21, 2014

Kejriwal urges Jung to dissolve Delhi assembly, says delay encouraging poaching of legislators

Publish Date:Oct 30, 2012

Former minister D.K. Samarasimha Reddy met Telugu Desam chief N. Chandrababu Naidu on Monday at Gadwal, sparking off rumours that he might be joining the TD

New HRD minister M Pallam Raju received the biggest promotion in Sunday's ministerial reshuffle and the decision may have gone down to the wire before the mantle fell on the Kakinada MP

Publish Date:Oct 30, 2012

Trusts and charities in Andhra Pradesh are the third biggest recipient of foreign funding in the country. In just one year, these organisations received Rs 1,324.87 crore from abroad in 2009-10,

Publish Date:Oct 30, 2012

Hurricane Sandy Photos: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force winds, rain, and a dangerous storm surge that has caused flooding in many coastal areas including parts of New York City.

Publish Date:Oct 30, 2012

Hurricane Sandy News: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force

After posing nude for the cover of the Playboy magazine, actor Sherlyn Chopra is all set to set the screen on fire in Rupesh Paul directorial next “Kamasutra 3D”.

Publish Date:Oct 29, 2012

Actor Nani Marriage Pics: Nani and his fiancee Anjana's marriage was held at the Rishikonda Resorts in Vishakapatnam on 27th October, 2012.

Publish Date:Oct 29, 2012

A Tsunami warning had been issued for Hawaii on Sunday. Hawaii is fairly exposed to waves which are usually generated by volcanic activity along the west coast of the Americas.

 
Disclaimer:
All content included on this TeluguOne.com Portal including text, graphics, images, videos and audio clips, is the property of ObjectOne Information Systems Ltd. or our associates, and protected by copyright laws. The collection, arrangement and assembly of all content on this portal/ related channels is the exclusive property of ObjectOne Information Systems Ltd. or our associates and protected copyright laws.
 
You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any other way exploit any part of copyrighted material without permission from ObjectOne Information Systems Ltd or our associates.