New projects witness higher demand than resale segment in Hyderabad
Statistics shows that Hyderabad real estate segment saw appreciation in the new properties as compared to the resale segment during the Apr-Jun 2012 quarter.
Data shows that enhanced demand and transaction in the upcoming apartment projects are more than the old properties. Although the new launches in the market are priced higher than the average market price, still the demand has been high.
Most of the new projects are located in the suburban areas. Golden Sands, Richmond Villas, DLF Garden City, Lodha Meridian, Aparna Aura, Bloomfield Ecstasy etc are few of the luxurious projects that have been launched in the recent months.
Localities such as International Airport Road, Kukatpally, Jubilee Hills, Highway Road, Gachibowli, Hi-tech Road, and Secunderabad are becoming the major hubs for new properties.
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