Sentiment in Hyderabad realty market turns positive
No. 1 Property Portal in India
Over 25 Lakhs Apartments and More
Post Free Residential Properties in India
Find Property in Bangalore
Buy/Sell/Rent Apartments in India
Search Latest Residential Property in India
Get Free Alerts on Property Requirements
Find Agents/Buyers for your Property
This is right time to buy a property in Hyderabad as prices continue to be affordable. This may not last long as it may turn a sellers market, according to real estate body CREDAI.
The President of Confederation of Real Estate Developers Association of India, C. Sekhar Reddy, said the market sentiment has turned positive in the last few months and the demand continues to improve. But this phase is unlikely to sustain long as builders may hike prices.
Interacting with Business Line ahead of the CREDAI Property Show to be held here during November 2 to 5, Reddy said the demand supply position will change as new supplies are not likely to come up. There was lag in taking up projects.
The Government Order No. 45, which made it mandatory for builders to earmark land for housing for poor impacted the developers’ sentiment. This resulted in builders postponing taking up new projects.
However, with the Government changing norms, now builders are back in the race to develop new projects. Yet, it will take about 24 months to 36 months for new supply to come up.
Ramakrishna Rao, Vice President, CREDAI, Hyderabad Chapter, said the market is ripe for people to buy. Going forward, builders would not be able to offer apartments and houses at the current rates if one factors inflation, increase in input costs and labour costs.
Only the old inventory can be offered at the current rates, which are nearly half that available in some cities like Chennai and Bangalore.
Referring to the show, Rao said this is an ideal platform where more than 150 builders from across the State will partake. Buyers will have added assurance of CREDAI support when thy purchase properties from registered builders.
Apartments, Flats and Property for Sale in Hyderabad
Feb 26, 2017
Luxurious 3 BHK Appartments in the vicinity of Jubilee Hills with Best of Specification, World Class Elevations. Aminities Including Club house..
Sep 11, 2016
Aliens Space Station is distinguished by its highest quality construction, prime location, aesthetic appeal, functional design and optimum use of..
Jun 08, 2016
Brand new duplex apartment of 4477 sq.ft. with 4 bed rooms, study room, servant quarter, 3 balconies, 14th floor swimming pool view, vineer and..
Nov 27, 2015
Manjeera group presents, Manjeera trinity, The unique complex with residential, Commercial and entertainment blocks. This magnificent project..
Oct 15, 2015
Taking its Vision forward Aditya plans to evolve into a globally acclaimed construction company with footprints across various geographies, by..
Oct 13, 2015
WELL MAINTAINED HOUSE, 100% VASSTU, PRIME LOCALITY,NR TO MARKET SCHOOL BUS STOP BANK WITHIN 0.5 KM..
Oct 01, 2015
Aditya constructions is launching its high end
Project " Aditya Fair mount " in Vicinity Nr . Jubil
Hills , & Hitech..
Jul 01, 2015
Are you looking for Flats in Tarnaka..??? You are at right place, Homeulike.com offering best 2 bhk and 3bhk flats for sale in Tarnaka, Hyderabad...
May 21, 2015
DX 2 BHK FLAT @ TARNAKA, X ROADS 4 SALE
2BHK. FLAT. 102 NORTH. FACING (SHUBHANILAYAM APARTMENTS. WEST FACING) @TARNAKA. X Roads,
Apartments, Flats and Property for Rent in Hyderabad
May 29, 2017
Excellent 1 BHK furnished accommodation in a good residential colony for husband & wife or not more than two persons. Facilities include..
Mar 15, 2017
Its completely Corporate Life-Style Accommodation With 100 % Fully Furnished Flats.
Dec 11, 2016
A very nice 2 BHK Flat for Rent in 3rd Floor in a prime location. 5 mins away from Osmanganj bus stop. Very near to Amba bavani Temple. Good..
Jun 24, 2016
3 Bhk apartment for rent 1881 sft semi furnished on 2nd Floor with nice ventillation on immediate..
Aug 06, 2015
1 BHK accommodation with all facilities available for rent for not .more than two persons at Malkajgiri, Secunderabad. Contact cell..
May 23, 2015
A beautifully designed Apartment of 50 Luxurious Flats located near chirec pubic school, kondapur,Hyderabad. Set within a lush green space of..
Apr 05, 2014
Ready to move 2bhk flats with all amenities new construction,868-871,block B SRI RAM NAGAR OPP.CHIREC PUBLIC SCHOOL hasitha srilaxmi..
Mar 24, 2014
Apartments at an affordable rent in a gated..
Mar 11, 2014
3BHk at Bachupally for Rent-Rs. 7000/- per..
Mar 11, 2014
all wood work done, wardrobes and kitchen cup board work etc. and Marble flooring, 24 Hours water supply with over head tanks, drinking and bore..