Residential real estate in Hyderabad to good in near future
The high interest rates and high rates of properties in Hyderabad has dampened the realty sales!
The property buyers in Hyderabad is no different when compared to other cities in stepping back to buy property at this peak time.
The residential real estate market in Hyderabad is expecting a rapid growth within next two quarters.
With the launch of both affordable and luxurious housing in the city, apartment sales might boost over all realty sales. However, the fact is that the property buyers in Hyderabad is budget preferred housing.
Also, to cope up the real estate sales the real estate builders have shifted maximum of their interest in constructing more of affordable housing with the slot of two bedroom configuration.
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Source: The Hindu
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with the increasing cost of construction, it is not possible to renovate an old property at the same price and therefore, buyers are finding new projects as a good deal
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