Residential launches dips in Hyderabad: C&W
According to a report by consultants Cushman & Wakefield (C&W), new residential project launches in Hyderabad have declined by nearly 75 per cent to 1,500 units in the first half of 2012.
The total number of new residential units launched was approximately 1,500 units in first half of 2012. It is very low compared to over 6,000 new project launches during the same period last year in Hyderabad.
C&W states that the dip is due to the to ambiguity in the governmental policy. However, the report states that almost 40,000 residential units will be launched in the market in the next three years. Of the newly launches, nearly 60 per cent will cater to the mid-segment category.
Analysts state that relaxation in land reservation regulation will boost the real estate industry.
Cushman & Wakefield (C&W), Hyderabad, Hyderabad Properties, Hyderabad real estate, mid-segment category, real estate hyderabad, Realty News, relaxation in land reservation, residential project launches, Residential units
brillant piece of information, I had come to know about your web-page from my friend hardkik, chennai,i have read atleast 9 posts of yours by now, and let me tell you, your webpage gives the best and the most interesting information. This is just the kind of information that i had been looking for, i’m already your rss reader now and i would regularly watch out for the new posts, once again hats off to you!
Thanx a million once again,
[...] Residential launches dips in Hyderabad: C&W [...]