Real Estate in Hyderabad To Touch Rock Bottom
Due to Telangana Declaration the Real Estate in Hyderabad fallen to bottom, The Prices of Appartments in Hyderabad fallen below, Land Values in Hyderabad gone down due to Telangana Declaration
The Telangana bomb has finally been dropped on the people of Andhra Pradesh and any sensible person knows that this is only for the worst. The first line of damages have begun to roll in and among them, the real estate market in Hyderabad has taken a big blow. Reports say the property prices have crashed.
According to few noted realtors, apartments which were selling at Rs 5000 per sft have fallen to half the price as no one is willing to buy. Some big projects with multi-crore investments are currently in the midst of construction in the city and they are struck badly with this political decision.
Real estate people are in great tension and they are raising their hands being unable to take forward any construction activity. With this, those who have purchased flats are getting affected because the venture is not going to be completed. The market experts predict the real estate prices are going to touch rock bottom in Hyderabad.
Source:greatandhra, Image Source:Google