If you think that it is only the stock market which tends to get affected due to the happenings in the country then you are wrong. There is one more market which fluctuates and that is the real estate market. At least in Hyderabad, the reverberations are felt very strongly.
Sources from the real estate segment revealed that the last three days were quite active. Well, the reason for that happens to be the Ayodhya issue. It is heard that most of them thought Hyderabad will not be safe once the verdict is out and it could become a war zone.
This is especially in the case of private parties who have reportedly parted with their properties at very lower prices. Maximum transactions happened for the lands near old city such as Baarkhas, Jahanuma, Moghulpura, Dar-Us- Salaam, DoodhBowli etc. Now that things seem ok, everything looks back to normal.
Sources from the real estate segment revealed that the last three days were quite active. Well, the reason for that happens to be the Ayodhya issue. It is heard that most of them thought Hyderabad will not be safe once the verdict is out and it could become a war zone.
This is especially in the case of private parties who have reportedly parted with their properties at very lower prices. Maximum transactions happened for the lands near old city such as Baarkhas, Jahanuma, Moghulpura, Dar-Us- Salaam, DoodhBowli etc. Now that things seem ok, everything looks back to normal.
