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Demand for housing picks up in Hyderabad despite COVID-19 crisis


Demand for housing picks up in Hyderabad despite COVID-19 crisis
The increased demand is also shoring up Hyderabad’s property rates, which experts say, would meet that of Bengaluru’s in a few years. 
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By Express News Service
HYDERABAD: Hyderabad s real estate market, which according to experts did well despite the pandemic last year, has received an impetus as the demand for new housing units is increasing. This is all thanks to the low rate of interest and the unchanged repo rate as announced by the Reserve Bank of India (RBI) a few days ago. ....

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Telangana: Realtors see juicy opportunity in affordable housing


Express News Service
HYDERABAD: Riding the industrial recovery wave spearheaded by manufacturing and warehousing units in Telangana, realtors in Hyderabad are looking forward to investing in affordable housing. The Confederation of Real Estate Developers Association of India (CREDAI) members, in their recent field visits, have identified four industry-heavy spots E-City, Sultanpur Medical Park, Genome Valley and Shamshabad and requested the State government for a plan of action to allot land for affordable residential projects. 
Realtors, who were dependent on the IT revolution, are now planning on riding the crest of the manufacturing revolution. In addition to this, with e-commerce booming during the pandemic, warehousing and packaging industries have also grown, offering a juicy opportunity.V Rajashekhar Reddy, general secretary of CREDAI, said the members recently met Industries Principal Secretary Jayesh Ranjan in this regard.  ....

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