Q:Hey, I’m an NRI based in Dubai with family in Hyderabad, India. I’ve heard of the recent political turmoil that caused something of a real estate collapse. Can someone enlighten me more on the present infrastructure development scenario?
Latest Answer: You know, I was quite concerned as well with the situation in Hyderabad as well. I’m not a resident of the city, but I have some property over that I had recently invested in. The prices had kind of fell down, but now they’re steadily picking up again. My property is in Miyapur, one of the newly-developed localities in Hyderabad. The infrastructure development is progressing as per plan. I think the Inter-City Bust Terminal that’s planned to be constructed here is going to change the face of this part of town. Once complete, it’s supposed to be the biggest bus bay in India.
