Q: What the prevailing rate for 2 bhk apartment in Pragathi Nagar post demonetization ? Is it advised to buy a panchayat approved apartment at Pragathi Nagar
Panchayat approved layouts are usually unapproved plots. Only Town and Country Planning authorities (such as DTCP) along with nodal planning authorities ( such as CMDA, DDA, HMDA) can approve layout plan.
The average price per sqft going on is Rs 2,430. Hyderabad has seen 11% drop in launches and according industry experts the housing market will experience a lull in the coming months.