Just when everyone thought that the period of recession has been controlled and good things are happening, another blow has come to the Hyderabad realtors. Well, it has to do with the outcome of the by-polls and its impact on the property segment.
Reliable sources now reveal that the price has fallen down in Hyderabad by a massive 20%. On the other hand, it has increased in the Andhra side by 20%. This has caused further problems to the sellers in the city and surrounding regions as the buyers are not willing to spend much amount.
This is being seen as a concern by the biggies of the market but right now, the TRS win has changed the equations. Hyderabad in particular which was the goldmine of properties has now turned out to be a landmine for realtors and investors. Sad but true...
Reliable sources now reveal that the price has fallen down in Hyderabad by a massive 20%. On the other hand, it has increased in the Andhra side by 20%. This has caused further problems to the sellers in the city and surrounding regions as the buyers are not willing to spend much amount.
This is being seen as a concern by the biggies of the market but right now, the TRS win has changed the equations. Hyderabad in particular which was the goldmine of properties has now turned out to be a landmine for realtors and investors. Sad but true...
