If we believe in this report, the realty market in Hyderabad is in for a upward curve. The report says that quite a few shopping centres in Delhi NCR, Hyderabad and Bengaluru besides other prominent cities were expected to be completed by 2014 end.
I read in the report that the market in the second half of 2014 was largely stable and bulk of the activity was confined to Banjara Hills and Jubilee Hills. The key entry in Hyderabad was by Starbucks in Banjara Hills and Madhapur and Brooks Brothers in Banjara Hills.
I wouldn't go that far, since despite the positive sentiments in the market, for which the consultancy has cited the new economic policies of the State government to attract businesses, the real effect on retail real estate still remains to be seen.
From what i understood, an increase in retailer activity, according to the report, is likely in Hyderabad in the wake of conducive government policies which should also boost new organising real estate development. I think this year is going to be good for our city.
Yes, in the first quarter of 2015 is expected to be buoyant with cities like Hyderabad, Bengaluru and Kolkata expected to witness fresh supply, according to the CBRE report on organised retail real estate market across key cities during the 2nd half of last year.
The main reason for the increased retailer activity in Hyderabad can be attributed to the fact that prominent retail projects in Delhi-NCR, Hyderabad, Bengaluru and other major cities that were set for completion in the second half of 2014 got delayed, and will be completed in 2015.
Yeah, according to a report published by CBRE, a commercial real estate company, cities like Hyderabad, Bengaluru, and Kolkata is likely in the first half of 2015. A shift in development projects from the established hubs of Delhi and Mumbai towards these cities is likely to happen this year.