Realty developments paused in Hyderabad
Hyderabad realty sales went on pretty good during the year 2011.
However, the city realty sales are no more the same; as the realty construction is on halt and the land sales have dropped down completely.
The government order (GO 86) restrictions had paused building constructions in the congested zones in the city.
Meanwhile the other part of the cities were busy developing and now that almost whole part of the city is converted into developed land the only available land is remaining in these congested zones.
Here was where the chaos was raised, now the builders are literally fighting for the amendment to be made in this government order.
The builders and developers in the city are in a dire need of immediate amendments to be made for better growth of the realty sector.
Source: The Times of India
Amendments, Builders, Building constructions, Congested zones, Congested zones in Hyderabad, Developers, GO 86 restrictions, Government order (GO 86), Hyderabad realty sales, Land sales, Realty construction, Realty sales, Realty sector
