Hyderabad is amongst the top cities when it comes to the real estate industry. With the well-established pharmaceutical hub and the expansion of the IT hub, the property rates have been steadily rising.
According to a recent report, properties in Hyderabad have seen a 7% appreciation rate just within a year. This price growth has made Hyderabad the second-most-expensive city in terms of the real estate market. Currently, the average property price in Hyderabad is Rs. 5,505/sq ft.
Apart from this, the ratio of unsold properties is only 20% in the city. When compared to other cities, Hyderabad has contributed only 2% to the national unsold inventory. This indicated that developers in Hyderabad are not struggling from any sort of huge inventory stock.
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What is property trend in Hyderabad?
Shishira N.
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September 18, 2020
2020-09-18T13:20:23+00:00 2020-12-15T12:27:06+00:00Comment
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Investment
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