Residential Projects launch fall in 2014

Q: Hello guys, how is the residential market in the city doing? And details on this subject?

Ramesh Hegde, Hyderabad

12th March 2015

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Replies (6)

In the mid segment, select micro markets in proximity to the IT-ITeS and financial districts such as Madhapur, Gachibowli, Miyapur and Nizampet witnessed their quoted capital value appreciate by 6-9% due to buoyant end-user demand during the first half of 2014, which remained stable thereafter until the year-end. Political stability and improving macroeconomic conditions may turn boost housing demand in the next year.

Abdul, Hyderabad

18th March 2015

Comment

Yes, many new schemes have been introduced by many sellers to get the buyers to buy some of the remaining units in the residential market in the city, but still I have heard that there is a lot of inventory left.

Vani reddy, Hyderabad

17th March 2015

Comment

Mid segment recorded the maximum activity and accounted for 89 per cent of total unit launches in 2014. Nowadays, the developers have started to incentivize buyers with schemes such as free modular kitchen, free car, discounts, etc. to clear up piling inventory.

Ramesh Gullapalli, Hyderabad

15th March 2015

Comment

The north-west quadrant of the city witnessed maximum launches in locations such as Nallagandla, Bachupally and Tellapur, with 45 per cent share in the total units launched in 2014. Stable demand from IT-ITeS professionals has been a key factor driving the launch activity in this region. Madhapur and Gachibowli contributed about 18% to the total launches in 2014.

Kamala Reddy, Hyderabad

14th March 2015

Comment

Yes, in the past year 2014, the new residential launches in the city were declined by almost 12% ... Around 5,000 units were launched in Hyderabad in 2014, a 46 per cent decline from the previous year. New launches declined primarily due to large amount of existing unsold inventory in the city.

Kodanda Reddy, Hyderabad

13th March 2015

Comment

Hey, the state of the residential market is not really doing well in Hyderabad at the moment. Compared to the commercial sector where you can see a lot of growth, the residential market sector is not doing so well.

Aamir Mirza, Hyderabad

12th March 2015

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