Hyderabad Property Updates

Q: I’m a resident of Chennai and I own some residential property in Hyderabad close to Uppal. I understand that there’s a new government in place for the Telangana region. Can anyone tell me how the new administration is going to affect real estate in and around Hyderabad?

Krishna Rao, Hyderabad

11th June 2014

Real estate News in Hyderabad

property in hyderabad

hyderabad real estate

real estate hyderabad

hyderabad property updates

property news hyderabad

Follow Discussion

Also see discussions for

Hyderabad Real estate News Real estate News in Hyderabad

Replies (4)

Hey. I understand your concern behind asking such a question. I had such questions myself before the assembly election were taking place, but now I think it’s best to just wait and watch. Real estate in Hyderabad, over the past couple of months, has been presenting an extreme graph line. Depending upon day to day political news, property rates would shoot up and fall down frequently. The current real estate market status in Hyderabad is however active once again, and construction work which was largely lying dormant is being actively taken up.

Lata Rao, Hyderabad

12th June 2014

Comment

Hi, its good to know that you have property close to Uppal. I’m a resident of Nacharam, which is nearby to Uppal as you may already know. I’m not really well-versed with the present political climate, but I can tell you about the development that’s taking place right in front of my eyes. The first phase of the Hyderabad Metro Rail runs on the main road, close to where I live. It runs through Uppal as well, and it’s almost done. The construction work had slowed down a little bit during the election times, but it’s quickly picked up once again. This phase, once complete, is sure to increase the property value in my area as well as yours.

Lokesh Gowda, Hyderabad

12th June 2014

Comment

I can only answer your question with a calculated series of guesses at best, since we’re discussing about events that are related to future. To the best of my knowledge, I can honestly say that the new administration plans to develop the $ 44 billion ITIR project as soon as possible, according to the new Chief Minister of Hyderabad, K. Chandrasekhar Rao. Growth-driving talks are soon going to be conducted with the heads of pharmaceutical, real estate, and poultry sectors in order to formulate a long-term plan that can be sustained. The political climate is much better as of now.

Govind Naidu, Hyderabad

12th June 2014

Comment

Well, I’ve been a Hyderabadi since my birth, and I can tell you a thing or two about the place that you might not be knowing. The Telangana movement, which had built up momentum over the past few years, had boiled to a point of such uncertainty that the property market almost collapsed in a number of regions. However, like one happy builder said, the moment a solid decision was taken up by the Government of India, property prices soon started stabilising. Hyderabad, now a joint capital for both the sates of Telangana and Seemandhra, is going to be administered primarily by the Governor, who is going to be the chief authority on a range of matters.

Ramesh Gullapalli, Hyderabad

12th June 2014

Comment