Land rates in Hyderabad now available much cheaper
Are you planning to buy a property in the outskirts of Hyderabad? Go ahead and buy one at the earliest. The lands at the outskirts of the city are now available for unbelievably cheaper rates.
Land owners in areas like; Maheshwaram, Chevella and Moinabad have now slashed the rates by over 70 percent to attract buyers. The land sales has now dropped to a meager Rs 50 lakh per acre and a little more bargain, the owners are ready to drop the land rates to Rs.40 lakh, says experts.
The experts have an answer for this surprise price fall of land rates, they say that the land rates were purposely inflated by investors midst the recession and political uncertainties. However, the steep plunge in land rates have surprised people in the real estate industry, who have been there for over a decade.
Source: The Times of India
Chevella, Hyderabad, Investors, land owners, Land rates, lands, Maheshwaram, Moinabad, Plots at cheaper rates, Political uncertainties, Price fall, Property, Property Buyers, Real Estate Industry, Recession
