The Secunderabad Development Authority has provided an excellent platform for the rapid development of the Secunderabad city building up of many housing projects as well as providing better accommodation facility for the migrants from various parts of the country. The growth of the Secunderabad city in various commercial projects increases and tempts businessmen to make their footprints in Secunderabad. On the other hand the basic requirements for housing projects with essential facilities are also obtainable witnessing the continuous growth of property expansion in every region of Secunderabad.
Properties in Secunderabad seems to rise and fall comparing the past two years and the real estate across the nation due to global economy it has been reduced greater than before at the time of recession the situation was different and difficult position in almost all the metropolitan cities in India. The real estate sector was very much affected and the property developers and the majority of buyers and investors also faced huge loss.
On the other hand, builders did not find adequate capital to go on with further developments while purchasers have postponed their decision due to economic crises in the Secunderabad city. Recently the situation has changed entirely and the real estate market in Secunderabad is slowly recovering. At present the Municipal Corporation has taken many steps to expand the Secunderabad city in various forms and improve the living standards of the residents in the Secunderabad city