Q:Hey I'm new to the city. I've heard there was a lot of political tension very recently and I want to know how it has affected the real estate sector of the city?
Latest Answer: The minister also says that now that Hyderabad has got a stable government, there are no more obstacles in the way of its development. There are plans to develop a square near the Biodiversity park, similar to the one of Union Square in New York City.
Q:I am hearing that real estate prices in Hyderabad have increased by 40 to 50% this past year? Is this because of the political coniditon of the state? Can I have more info on this price appreciation as I might invest there soon.
Latest Answer: Yeah this was because the market at the point was really uncertain. There was a property display show that happened recently where developers showcased their projects that were in the price range of Rs.5,000 crore to Rs.10,000 crore.