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GREATER HYDERABAD AS REAL ESTATE HOTSPOT

Hyderabad, March 20, (way2newstv.com):
Greater Hyderabad as real estate hotspot. Over the past five years, the country's top six new mega cities have a 41 percent decline in the real estate sector, with a 34 percent growth in Greater Hyderabad, A survey of JLL's organization on the sale of new building buildings in the major cities of the country, New Delhi, Mumbai, Bangalore, Pune, Hyderabad, Chennai and Kolkata, was published in an English daily. Telangana emerged as a separate state of Telangana, a strong leadership in the neighboring state of Andhra Pradesh, the uncertain struggle on Telangana and the development of economic development in Telangana from 2014 to 2017, 34 percent was developed. Analysts explained that this is the main reason for the growth of the government in the development of political stability, development and infrastructure in the aftermath of the special state-action struggle that took place long before 2014. Lisle, New Delhi in 2014, fell to 37.600 by the end of 2017 in the range of the number of 1, 16,250. 


GREATER HYDERABAD AS REAL ESTATE HOTSPOT

That's 68 percent of home sales. In Mumbai, sales of 72,400 in 2014 dropped by 27 per cent to 52,600 in 2017. In Chennai, 45 percent dropped and Pune fell from 45,300 to 29,300, or 29 percent. In Bangalore, which is known as IT City, the number of homes sold at 59,600 in 2014 decreased by 17 per cent to 49,200 by 2017. Kolkata has a 12 percent decline. New home purchases have significantly decreased in Pune, where NRIs buy more homes with economic growth focus. Though the real estate sector has severely affected all metro cities in the country with the income tax (GSAT) introduced by the central government, it has shown a slight improvement over Hyderabad city. The government's plans to set up new districts like Ranga Reddy, Yadadri, Bhuvanagiri and Vikarabad districts around the city of Hyderabad are also a major contributor to new housing schemes. The city of Hyderabad will be further developed in the coming period, considering the seven main cities of the country.