Cybercrimes are currently a threat to the citizens living in the city. Fraudsters are leaving no stone unturned to loot the public in all possible ways. In a fresh scam, a person who is a resident of Nallakunta and worked in different countries was trapped in investing in cryptocurrency by an unknown person.Reportedly, the NRI approached Cybercrime, stating that a person of Rs 2.5 crore had duped him in the name of fake cryptocurrency on Saturday. Police suspect that there might be any Nigerian fraudsters in the entire scam. The victim said that investing in cryptocurrency was safe; he invested a total of USD 323,000 (2.57 Cr) on various platforms in cryptocurrency.As per the victim's version, he returned to India for his mother's treatment and planned to withdraw the money from his various cryptocurrency wallets for his mother's treatment, but he was shocked to see that the amount of Rs 2.57 crore invested in various cryptocurrency are not available now and his personal details are also completely erased. The cyber crime department logged in a complaint, and the investigation is going into this major scam.

Crypto Fraud Comes Into the Limelight Again

Though the ban on single-use plastic came into existence on July 1, the ground-level report suggests that neither the general public nor the shop vendors have taken the restrictions seriously as the usage of plastic bags still exists in the city.The usage of plastic bags at vegetable stalls, mandis, grocery supermarkets, stalls, and street food centers is carried on at a normal basis despite the limit set by the Ministry of Environment to use thinner than 75 microns bags in public places.When asked the vendors about the same, they say that the major reason for the prevalence of single-use plastic is affordability, lack of other alternatives, and awareness among the citizens on the plastic ban. Though alternative bags like jute, cloth, or paper are there, they are available at the cost of 25 to 30. On the other hand, plastic covers are thinner than 75 microns available on the market at a price of 5 per pack. Public and shop vendors opinion that instead of imposing fine on them, the government can simply reduce the usage of plastic by restricting the supply of plastic from the manufacturing industries.As of now, the GHMC officials are imposing a penalty of Rs 5000 on the shop and vegetable vendors to restrict the usage of plastic, but this is not the proper way to reduce the usage until the supply is stopped completely; opinion some NGOs organizations.

Ground Level Report On Plastic Bag Ban in Hyderabad

Buying a new house has indeed become quite pricey in Hyderabad. However, what’s interesting is that buying a second-hand home is also out of reach for most buyers due to budget constraints.A second-hand flat which is more than ten years old costs around Rs 50 lakh in prime residential areas such as Kukatpally, Miyapur, Kondapur, and Gachibowli. Similarly, it has to be noted that the cost of a double bedroom flat on the outskirts of the city in areas like Boduppal, Peerzadiguda, Hayathnagar, and Kompally is close to Rs 40 lakh.The realtors say that flats that once cost Rs 10 to Rs 15 lakh now cost around Rs 35 lakh. As purchasing a new flat has become a costly affair, there has been a consistent rise in demand for second-hand apartments.N Praveen Kumar, president of Telangana State Realtors Association, mentioned that as land rates have shot up sharply in the last two years, owners of flats have also upped their prices as they hold undivided shares in apartment lands. One gentleman shared that he sold nearly 50 second-hand homes to date and added he bought an independent home on a 133 sq yd plot of land in Peerzadiguda for Rs 17 lakh. Today, the price of the same has gone up to Rs 70 lakh.The demand has grown as many price-sensitive people prefer second-hand flats for residential purposes. Like new apartments, the demand for second-hand flats is higher in the western part of the city. The situation is such that the price of second hand flats is on par with the prices of new flats in the pre-pandemic era.

Resale Flats Are No Longer A Cheap Option

Hyderabad’s residential market has seen a phenomenal 171% as compared to other top 7 cities. Of all the sectors, real estate acts as the prime indicator of the faith that the majority section of the populace has in the city. It’s not just families; a major chunk of middle-class families too have put in their hard-earned money into creating a nest for themselves.Property acquisition is reflective of the confidence that the investors, builders, bankers, raw material suppliers, and a host of other ancillary segments impose in the given city. Hyderabad has repeatedly been consolidating its position with continuous bleeps on the property radar. Also driven by robust policy-making and state government support, Hyderabad was not impacted by the global economic scenario the way it happened during the meltdown of the year 2008 nor the COVID-19 pandemic.Unlike other metro cities and most developed nations that felt the brunt of the pandemic, Hyderabad real estate bounced back with renewed vigor and construction activity along with new and emerging locations, which is a testimony to its demand.A report released by JLL, a leading professional services firm that specializes in real estate and investment management, points out that Hyderabad recorded robust residential sales as it saw the highest quarterly sales since Q2, 2008.The JLL report stated that new launches increased by 24 percent Q-o-Q in Q2 2022 as many prominent developers expanded their footprint in western suburbs. One of the most prominent trends was that majority of sales were recorded in residential apartment units priced between Rs 1 crore and Rs 1.5 crore. Also, Hyderabad happened to see the highest quarterly sales since Q2 2008.

Pandemic Barely Impacts Hyderabad’s Robust Realty Sector

A physics teacher named BV Rama Prasad Rao tuned the biryani maker and served the food to hungry customers for just Rs 99. Getting into details, BV Rama Prasad used to work as a physics teacher at a reputed college before the pandemic, but after witnessing the loss of jobs for many of his colleagues due to the Covid-19 crisis, the teacher decided to start a food business.As a first trial, Rama Prasad cooked biryani and served his children, who are also food lovers. After getting good feedback from them, Rama Prasad started a food outlet at Tarnaka and served chicken biryani at Rs 99. Later, he shifted the base to Lakdi-ka-pul Metro Station and gained popularity as a 'Teacher's Biryani' point.Mr. Rao is currently happy with the way the biryani point is running and has already fixed nearby targets to extend the biryani recipes to other dishes like Prawns, Mutton and Fish. When asked will he return to the teaching field again, Rama Prasad said he's happy with the current business and is financially secure but to neglect the profession will be giving home tuition. In concluding his statement, Prasad Rao said that at the end of the day, his only task is to serve quality food to the customers at an affordable price.

Tale of Hyderabadi Teacher Turning Into Biryani Maker

Hyderabad: The Asifnagar police on Monday arrested a person on charges of robbery after complaints that he was threatening people with a knife and snatching their mobile phones. According to the police, Mohd Feroz, 27, of Langer Houz, went to a house a few days ago and snatched a mobile phone from a person. When […]

Hyderabad: Police nab man for robbery

Hyderabad: A five-year-old boy who accidentally fell in a water sump while playing at his house in Narsingi on Saturday, died in hospital on Sunday night. According to the Narsingi police, the child, T.Ramu, was playing with his father’s mobile phone when his parents were eating in the house on Saturday evening. “He is suspected […]

Hyderabad: 5-year-old boy drowns in water sump at Narsingi

Hyderabad: A 55-year-old man was found hanging in his house in Mailardevpally on Sunday night. According to the police, Neerati Sri Ramulu was earlier working as a daily wager, but due to health issues, was not going for work of late. On Sunday night, when the family members were away, he allegedly hanged himself to […]

Hyderabad: 55-year-old man ends life in Mailardevpally

Hyderabad: A local court on Monday allowed five days police custody of suspended cop K.Nageshwar Rao in the Vanasthalipuram kidnap and rape case. Investigation officials had earlier filed a petition seeking 10 days of police custody citing that more information with regard to the case was to be obtained during his custody. The matter was […]

Hyderabad: Court allows police custody of suspended cop

Besides the flagship store at Somajiguda and the second store at AS Rao Nagar, more stores will soon come up at Kukatpally, Dilsukhnagar and other locations spread across Telangana and Andhra Pradesh.

Bhima Jewels expands offline presence, Opens Stores In Hyderabad

Well, it is one of the most common stories and also one of the most unfortunate stories that one gets to hear from time to time. One might think times have changed, and girls are smarter and more educated than before. But the sad end of a junior artiste from <a href="https://en.wikipedia.org/wiki/Film_Nagar">Film Nagar</a> shows that girls still cannot come to terms with being dumped by the men they love.One such incident occurred in Gyani Zail Singh Basti in Film Nagar. 22-yr-old Anuradha was a junior artiste who was having a live-in relationship with one Kiran. She was sharing the room with him for the past six years.However, one fine day, her sister told her about Kiran being engaged to another girl. Caught unawares, Anuradha was rather disturbed, and she committed suicide by hanging herself from the ceiling fan.Though Kiran promised to marry Anuradha, he secretly got engaged to another girl. The body of Anuradha was found in a decomposed state by her neighbors, who complained to their owner when they started getting a foul smell from her room.A case has been filed with Banjara Hills police station. Following this, the Banjara Hills police are now hunting for Kiran, who is absconding.