Telangana issue
The sentiment in the real estate market for Telangana which was officially formed on June 2 is at an all-time high. The land prices have gone up and even though the number of transactions have come down, the prices have not. According to Veera Babu, office head of Cushman and Wakefield (a privately held prime [...] Continue Reading »
Hyderabad- A proposal has been raised to increase the present 625 sq km area of Greater Hyderababd to nearly 900 sq km. If the state government gives a green signal, then the capital city will include 25 gram panchayats with urban characteristics and adjoining city borders. The proposal is facing sharp criticism from Telangana party [...] Continue Reading »
Vijayawada – Andhra Pradesh government is planning to increase the market value of land and development charges which may result in increased prices of house sites and apartments in all cities of the state including surrounding areas. Taking example of Vijayawada city in Krishna district, currently the land value is around Rs 40,000 to Rs [...] Continue Reading »
Hyderabad- Although the Telangana unrest is prevailing but it will not affect the residential real estate market of Hyderabad. The last three months of 2012 saw a spurt in residential launches. According to Cushman & Wakefield’s Research Publication, Hyderabad residential market was highly affected by the land reservation clauses which led to many launches in [...] Continue Reading »
Hyderabad – Bangalore based Prestige Estates Projects Ltd and promoters of KL Hitec Secure Print Ltd will together develop exclusive and luxurious residences on 5.8 acres in the Hitec City. Jones Lang LaSalle (JLL) India played an important role in this agreement. This land at Madhapur (Hitech city) was acquired by the Prestige group and [...] Continue Reading »
Hyderabad- From past few weeks the Telangana issue is coming into light which is indirectly affecting the real estate sector of Hyderabad. The impact is as both payment and inquiries count has decreased. It is expected it will remain the same by January 28, 2013. The deadline set by the Home Minister last month to decide the [...] Continue Reading »
Hyderabad- The real estate market of Hyderabad has witnessed the most affordable among all Indian metro cities. According to the research by Knight Frank, there were many affordable housing projects in Hyderabad launched after economic slowdown and Telangana issue. Upcoming metro project and enablers like the new GO 245 (relaxation of mandatory EWS/LIG housing norms) [...] Continue Reading »
Hyderabad – After a half year spent in Telangana issue, now Hyderabad real estate market has shown some stability with healthy demand of IT space and affordable housing. It is expected that the year 2013 will bring growth of city in terms of projects, prices and land. Hyderabad real estate market faced many ups and downs [...] Continue Reading »
Pune’s impressive IT growth, affordable property prices and stable political atmosphere pulling investors to its shores. In fact market analysts from the city say that all corporate firms on expansion mode are now vying for space in Pune as against Hyderabad. Also spelling doom for the once booming sector are cash-rich investors and developers from [...] Continue Reading »
