Although, the prices of land for sale in Hyderabad were supposed to rise immediately after bifurcation of the Andhra state but even after Telengana was formed the prices of land for sale in Hyderabad did not rise. Experts say that over supply of houses for sale in Hyderabad is the reason why prices of properties in the city are not rising. Real estate builders in anticipation of increase in demand post bifurcation of state launched several new projects offering houses for sale in Hyderabad. However the demand did not increase as much as the supply did. The demand in the city was restricted to posh areas and people preferred to buy properties like Kukatpally flats and Manikonda property which are located close to business hubs. Projects offering Kukatpally flats and Manikonda property are still witnessing sales movement but the overall sector is witnessing a stagnant phase much like other Indian properties.
Real estate developers of houses for sale in Hyderabad have started getting worried as they are feeling the heat of liquidity crunch. They started a number of projects together thinking the demand will increase but now they are starting at a huge unsold inventory will almost zero demand. Demand of properties is mainly restricted in well-connected areas and therefore there is demand for Kukatpally flats and Manikonda property but not other areas. Like most of Indian properties there are currently no takers for land for sale in Hyderabad. Builders are worried about the situation and the hope that the scenario changes soon as they are still on huge land pool but they are unable to utilize and realize profits as there is no demand in the market. The introduction of real estate bill will make things all the more difficult for them in case the liquidity crisis gets solved soon.
Real estate developers of houses for sale in Hyderabad have started getting worried as they are feeling the heat of liquidity crunch. They started a number of projects together thinking the demand will increase but now they are starting at a huge unsold inventory will almost zero demand. Demand of properties is mainly restricted in well-connected areas and therefore there is demand for Kukatpally flats and Manikonda property but not other areas. Like most of Indian properties there are currently no takers for land for sale in Hyderabad. Builders are worried about the situation and the hope that the scenario changes soon as they are still on huge land pool but they are unable to utilize and realize profits as there is no demand in the market. The introduction of real estate bill will make things all the more difficult for them in case the liquidity crisis gets solved soon.
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