With the recession clouds passing over and the market showing some upward trend, the focus has now fallen back to the real estate and property market. If the estimations are to be believed, it is heard that the prices for apartments are shooting high.
Prime areas like Madhapur, Kukatpally etc are now showing signs of improvement and it is heard that a decent apartment is costing nothing less than Rs 4000 per sft. Already, luxurious places like the Lanco Hills, Indu projects etc are quoting premium prices due to the demand.
The realtors say that though recession was there, the pricing factor was not affected much and it was basically the number of transactions that came down heavily. Now, they are brimming with hope that in the coming months, things will change and good times will be back.
