When the real estate sector is sliding down across the country, Hyderabad is doing well according to the latest reports. According to the latest survey, it was found that the sale of residential houses is going on very well in Hyderabad when compared to other cities in the South.
Pune is better after Hyderabad.
The Central Government has taken several measures to boost the real estate sector, but it is not looking up. The demonetisation and note ban effect is still continuing and it would take some more time for the real estate sector to improve across the country.
Different surveys are showing a different kind of figures across the country. Some findings show that Bengaluru is improving in the sales of flats. But when compared to all other cities in the country, there is good movement of the sales of commercial and residential spaces.
The registration of lands is also good in many areas in Hyderabad. No doubt it has slightly come down, but on an overall basis, the Hyderabad real estate market is doing well.
Thanks to the efforts made by the Chief Minister K Chandrasekhar Rao and Minister for Municipal administration K Taraka Rama Rao. They have done almost everything to see that the real estate business goes well in Telangana.