Issue of Telangana is minor in realty market
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Looking to the current scenario no conditions can hamper the growth of realty business across the county. According to the sources of www.propertykhazana.com it was made clear that the rise of the realty is certain at any circumstances. Coming to the sensitive place like Hyderabad, it was recorded a 10 to 15 per cent hike in the occupancy matters in both commercial and residential space which was at the bottom of the list until 2009 – 10. This growth rate is observed much higher in the near to completion and ready for occupancy sites.
. The beneficial list of the site includes PBEL Property Development India Pvt Ltd's project at the APPA junction, Manjeera group's twin ventures at the area of Kukatpally, in Gachibowli there is Nagarjuna Construction Company's apartment complex, various sites of Aditya Homes (P) Ltd's project and’ Aditya Sunshine is making their mark in Kondapur. An inside sources of www.prpertykhazana.com reveals that the rate of all these sites have increased at least Rs 200 per square fit and also there are some that had touched the increased rate of Rs 400 per sq. fit. It rose from Rs 3200 per sq.fit to that of Rs 3600 per sq fit at the area of Kondapur.
Also unlike in previous years the point of negotiation no more exists in present field of realty here in these areas. All is fixed with a certain amount for the interested buyers. Apart from this also an awareness is been observed with in the buyers here who are not at all interested at those projects that take longer time and make them confuse with their documentation. A source of www.propertykhazana.com also reveals that the customers are more interested for the ready to occupy criteria rather waiting for the ventures to be completed in future. The issue of Talangana is also least bothered in the market of realty till the last update is received.
Source: NIMMA BENGALURU
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