The anxiety and uncertainty amongst homebuyers have been alleviated after the clarification and reassurance on HYDRA provided by Hon’ble Chief Minister Shri A. Revanth Reddy. Our only advice to people looking to purchase a property in Hyderabad is to purchase only RERA-approved projects, as this assures a validity of approvals and sanctions and safeguards your investments.
Also, do not fall prey to any false information; ‘Brand Hyderabad’ is strong and will continue to grow. According to the indications received from CREDAI member developers, they have received more inquiries and had a large number of site visits during this festive season, which will translate into sales in the coming months. The real estate industry in the city is very robust and available at attractive pricing. It might not remain priced reasonably for a long time; make the most of present pricing and make the right investment in picking your dream home.
The real estate in the city is resilient and on steady growth. In October, Hyderabad’s real estate saw 87,785 applications submitted for residential property registrations and 794 applications submitted for commercial properties with the authorities. There were 3,754 new residential applications and 33 applications for commercial properties during the first two days of November, which indicates that the demand for the real estate sector in the state is based on solid fundamentals.
Hyderabad is a global city with world-class infrastructure, with proactive and industry-friendly policies of the state government, ensuring it is a preferred destination for global investment.
(Image for representation purpose only)
