ARK HOMES MANAGING DIRECTOR RAMREDDY G EXCLUSIVE INTERVIEW IN PROPERTY GURU 720p

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• published: 27 May 2014
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Hyderabad Real estate news Due to Telangana agitation, residential capital values in Hyderabad is at down trend. Is this the right to buy property in Hyderabad? Let us have a Glance on what property builders and experts says about T-effect on Real-estate Hyderabad. Dasarath Reddy, Director, APREDA Real-estate prices in Hyderabad are much affordable in Andhrapradesh. Hyderabad Real-estate prices are at only 40% - 60% of the cost when compared to Bangalore and Chennai. Even though Hyderabad is well developed with an infrastructure, such as International Airport, Outer Ring Road, Radial Roads and Metro Rail, the property prices here are stagnated. From last 4 years cost of construction gradually increasing at 9% -10% per annum. But there is no change in property selling price. G. Ram Reddy, General Secretary, CREDAI, AP Hyderabad Real-estate is cheapest. Because of various reasons from last 4 years Hyderabad real-estate market is stagnated. For property buyers this is the best time for investment in Hyderabad. Investors may find this period favorable, as property valuations are low and there is still potential to capitalize on this. The prices of real estate in Hyderabad will zoom up and a new chapter will open soon, which will be bad for buyers, since they have to pay much more that they were used to. Hyderabad is all set to see one of the best Metro in India. Government conceptualized keeping in view the need to boost the growth of both IT/ITES. N. Jaiveer Reddy, President, CREDAI, Hyderabad Speaking on the occasion, N Jaiveer Reddy, President CREDAI Hyderabad said, "Hyderabad offers the best infrastructure facilities and connectivity", such as International Airport, Outer ring road, Metro etc. If the property buyers purchases near to these developments it's going to be well connectivity and affordable pricing for them. There is a high scope for the property values to appreciate up to 20-30% in 1. All builders in Hyderabad selling the properties without margins.