Categories: Market

Hyderabad: The Bright Spot in Indian Real Estate

By Anuj Puri, Chairman – ANAROCK Property Consultants

New Delhi, September 17, 2018: Hyderabad’s residential demand has witnessed a significant increase due to rising employment opportunities and positive market outlook, which were just marginally affected by policy changes including DeMo, RERA and GST.

ANAROCK Property Consultants’ report ‘Hyderabad: The Bright Spot in Indian Real Estate’ analyzes the city’s major real estate trends and highlights that the city has emerged as one of the most sought-after residential destinations in the country. The city is experiencing a phenomenal spurt in residential real estate activity with appreciating capital values and increase in retail and office space absorption from 2014 to 2018. Policy support from local government to strengthen the socio-economic indicators has largely attracted investments post-2014.

  • Absorption in Hyderabad increased by 21% in 2017 as against the previous year due to positive market sentiments coupled with growing IT work force mainly in the western zone. The absorption in Q1 2018 is at par with the new supply being pumped into the market.
  • The unsold inventory in the city has been declining gradually since 2017. In fact, the city scores far better than many other metros in terms of unsold stock pile-up situation.
  • Approximately 74,000 units have been launched in Hyderabad in the last 5 years, of which nearly 71% (~52,000 units) came in the west zone.

The total unsold stock in Hyderabad in Q2 2016 stood at 35,560 units, which reduced by nearly 14% in the corresponding quarter in 2017. The unsold stock further reduced by 13% in Q2 2018 as against the same period in 2017. In a span of 2 years, the total unsold stock in Hyderabad reduced by nearly 29%.

Click here to download the report Hyderabad – The Bright Spot in Indian Real Estate

Corporate Comm India(CCI Newswire)

Recent Posts

NAREDCO Maharashtra NextGen Ties Up with Brigade REAP to Strengthen PROPEL, Empowering Emerging Entrepreneurs in Real Estate

Brigade REAP Incubates 76 Proptech Startups, Leading India's Largest Proptech Ecosystem with ₹200 Cr Earth…

22 hours ago

Dr. Gautam Kanodia: Redefining Luxury Real Estate with KREEVA

New Delhi, November 22, 2024: Dr. Gautam Kanodia has emerged as a visionary leader, redefining…

23 hours ago

The Rise of Premium Luxury Residences: How NCR is Setting New Standards

New Delhi, November 21, 2024: Over the years, Delhi-NCR has emerged as a hotspot for…

2 days ago

3A Composites’ Flagship BrandALUCOBOND Launches a Premium Product ‘ALUCODUAL®’

~ The Company strengthens the product portfolio with the launch of innovative & ‘Made in…

2 days ago

Government Policies and Housing Premiums Under Spotlight in latest Mumbai Realty Report

- NAREDCO Maharashtra and 1 Finance Unveils Comprehensive Study on Mumbai's Real Estate Landscape -…

3 days ago

Onward Workspaces Expands with leasing 18,000 Sq. Ft. Premium Facility at Emaar Capital in Gurgaon, Catering to Global Enterprise

The announcement marks a major step in offering Flexible Grade-A Office Solutions for Modern Businesses…

3 days ago