News and information about the Residential Market and office spaces in Hyderabad

Q: In the recent times, the residential market in Hyderabad was not doing well. How is that condition of it now?

Srinivasan Rao, Hyderabad

28th January 2015

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Replies (13)

The residential market is expected to recover in the next 6 to 9 months of time frame. This time will offers best deals for genuine home buyers in Hyderabad as home prices would remain stable by then. So i think the best time to buy residential property will be then.

Radha Reddy, Hyderabad

7th February 2015

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There is actually a drop in sale of the residential units.. The first half of 2014 saw residential sales volumes in the city plunge by over 27 per cent to 7,300 units,. The city sees creation of 15,000-20,000 residential units annually, which is around 20 per cent of the average for any metro, There is actually

Shilpa Vydyula, Hyderabad

6th February 2015

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selling a house has become tougher now as the exemption on capital gains tax is now available only if the gains are used to buy a single residential house (earlier you could invest in more than one). Also, exemption from long-term capital gains by investment in specified bonds (section 54EC) is capped at Rs.50 lakh, even if invested across more than one financial year.

Kamala Reddy, Hyderabad

6th February 2015

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Hyderabad is expected to require about 32 million sq.ft of office space, 6 million sq. ft of retail space by 2022, apart from massive housing requirement, all pointing towards the next phase of growth of the realty sector.

Aamir Mirza, Hyderabad

5th February 2015

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The market in Uppal is also slowly picking up pace now, courtesy the Raheja IT Park and other developments there like the metro rail. The south and east of Hyderabad are the two areas where we can see substantial growth.

Lata Rao, Hyderabad

4th February 2015

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I see. So maybe if not the already established IT corridor in Hi tech city, there probably will be other IT corridors that will come up in the city. Demand will keep growing in 2016-17 but hardly any supply will be there. So Hyderabad will face a tough situation in 2016-17 because of lack of supply.

Geeta Naidu, Hyderabad

3rd February 2015

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Many companies are actually showiing interest in investing in Hyderabad right now. Many huge plans have been announced in the city and that is why people are keen on investing in here now. And I think due to this the demand for office spaces and commercial as well as residential properties will increase in the coming years.

Shiva Kumar, Hyderabad

2nd February 2015

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in Gachibowli too, the situation is similar. The vacancy is not more than five to seven lakh sq ft. Keeping in mind that annually close to 4.2 million sq.ft of office space is required, there will be a huge gap between demand and supply.

Suresh Kota, Hyderabad

1st February 2015

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Yes, teh office spaces have also suffered quite a lot, because of Telangana crisis which went on for five years, nobody constructed anything. As a result, the supply has reduced. For example, micro-market Hitech city has a vacancy of 3 per cent. There is absolutely no vacancy of office space in Hitech city.

Suresh Kota, Hyderabad

31st January 2015

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though the residential market has been revived a little bit, there is nothing much to talk about. There have been positive development in office space and retail but there has not been that amount of development in residential market yet. So until and unless, the residential market develops, city developers will suffer.

Kamala Reddy, Hyderabad

30th January 2015

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Not only in the residential property even in the office space segment, there are a couple of big requirements in the range of 2 to 3 lakh sq.ft. The biggest problem with Hyderabad had since 2009, is that big companies from Bangalore, Pune and mumbai, never ventured into Hyderabad due to political instability. But this is going to change and we’ll see lot of companies may set up their offices in the city.

Govind Naidu, Hyderabad

30th January 2015

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I agree, With things settling down, realtors feel that it is time now for the government to be proactive and convince companies to set up offices in Hyderabad. in the ast one or two months, here has been a lot of activity in the real estate market of Hyderabad. Many people who have been waiting for the political fights to settle down are now purchasing properties fast.

Krishna Rao, Hyderabad

29th January 2015

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Various reasons were responsible for the dip in the residential property market in the city, mainly the Telangana agitation which went on for 5 years. And people were scared so they dint really start the construcion of properties or invest in new schemes. But now that there is good stability in the state, I think now the market wil recover.

Ramesh Gullapalli, Hyderabad

28th January 2015

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