http://www.cityheightshousing.com/City Heights group’s latest offering, Deccan Heights will be the landmark, in the heart of fast developing area around the Parigi highway from Shadnagar, near Ramachandrapuram village, is the location for an exciting new concept of modern lifestyle.
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Projects in balapur
1. Real Estate Trends in Hyderabad -
Projects In Balapur
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Hyderabad is India's sixth most populous urban city and a center of rich cultural heritage. Modern
Hyderabad has evolved into an incredible IT hub, which has propelled the growth of real estate in the
city. Other than IT, it is also a home to big pharmaceutical and biotechnology industries.
Last decade saw a tremendous growth in the realty sector as Hyderabad emerged among the favorite
destinations of real estate developers and investors. There was a strong demand in the residential
market and s healthy appreciation of capital values. The figures revealed that average residential capital
values rose from Rs 1,000 per sq ft in 2000 to Rs 3,100 per sq ft by the third quarter of 2008. This data
indicates an appreciation of about 15 percent a year.
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Reasons for the decline: Despite its shining story, it's true that the global financial meltdown had an
adverse effect on the real estate sector. While some markets remained more immune than others,
Hyderabad's realty is taking more time to recover. The period from 2008 to 2010 there was a slight fall
in the residential capital values from Rs 3100 per sq feet to Rs 2980 per sq feet.
There have been fewer project launches than average. Other cities have been more resilient to this
crisis and are still registering a positive growth rate although slower than before. The difference
between the performances of two domestic markets can be due to any reason. But here, the culprit is
the political uncertainty and bureaucracy surrounding the formation of a separate state of Telangana. A
long story told short, Telangana region comprises 10 districts and is the largest geographical bloc in
2. Andhra Pradesh. It alone accounts for 75 percent of the total revenue generated. The activists
supporting this movement argue that despite all this, the region is grossly neglected when it comes to
distribution of water and budget allocation. In 2009 proceedings were made in order to separate it from
the state of Andhra. However, three years later the result is nowhere in sight. This uncertainty and lack
of decisiveness had created problems for the real estate in Hyderabad.
Revival of the market : Last two years have shown immensely positive trends for both residential as well
as commercial property. The buyer sentiments have improved considerably and there has been a
gradual increase in residential demand and absorption. However, there is still time before the
absorption reaches the 2007- 2008 levels. The commercial real estate sector is still very much in the
expansion mode. The corporate client did a good job of not letting the political scenario upset their
expansion plans in Hyderabad. JP Morgan and Facebook were the two most notable MNCs who choose
Hyderabad as their home In India.
How this could be one of the better time to invest in the Nizam's city?
All is certainly not lost for the Realtor s in this Cyber city of India. Hyderabad right now presents the
lowest risk to investors among all the real estate markets since the price at its fundamental level. Where
other markets are saturating and are marred by speculative market tactics, Hyderabad is relatively free
from these vices for now. The realty is seriously undervalued in Hyderabad, which presents an
opportunity for buyers.
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