As per the sources available to www.propertykhazana.com, the property rates are going down in Hyderabad city outskirts and it is the good news for buyers who desire to purchase the property and plots at incredible rates. Landlords of the localities like Moinabad, Maheshwaram and in Chevella have sold out their flats for less than a few Crore of rupees per acres in the realty boom and now it has gashed the rates by 70% to attract the purchasers. The properties which had risen up to Rs. 1.70 Crores per acre in 2007-08 has fallen down to a scanty Rs. 50 Lakhs per acre. If it is haggled then the landlords are ready to drop the rates to Rs. 35-40 Lakhs.
The President of Andhra Pradesh Realtors Association Sreedhar Reddy speaking to www.propertykhazana.com said that, “The property rates in the outer edge of Hyderabad are knowingly exaggerated by the shareholders when the division was at the crest. When the recession and political qualms hit the town the bazaar drooping started and the people realized that the prices were far too idealistic.” Some of the bazaar specialists gauge the costs of the lands in the strap at zero more than Rs. 20-25 Lakhs and in the borders of the city they say that it has failed to see the industrial and commercial growth which was anticipated to take place over the few years. CREDAI’s president C Shekar Reddy said that, “Such information’s in the market further overvalued by the shareholders here and had pushed the property rates during 2000. Barren farming land was rehabilitated into the residential lands and was sold at high prices.” Actually some spectators says that the farmers who had sold their properties had gained high incomes because the selling value was 50 times more than the actual rate and this made them to construct confidential dwellings and own new cars.
Source: NIMMA BENGALURU
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..