As multiple markets are battling slower sales, labour shortages and challenges of liquidity, the Indian real estate market is steadily looking to conform to the new customer preferences and function as per the pre-covid standards.
Greatly augmenting the success of the Indian real estate industry, the Hyderabad real estate market has tackled many macroeconomic as well as other issues throughout the ongoing pandemic. It’s growth has been very impressive to say the least.
With that in mind, we take a look at the 3 factors that contributed towards said growth.
Affordability - a major component in driving demand
The pattern suggests that the “affordable segment” of residential real estate has been the busiest for areas like Nagole, Kollur, Adibatla, Nizampet, Patancheru, Uppal, Alwa and Nagole. The price bracket being less than Rs 5,000/sqft.
Primarily,
the consumers have been looking for 2 BHK and 3 BHK flats
for sale in Hyderabad, which
accounted for 91% consumer searches. The segment above Rs 6,000/sqft does not
seem to be that popular with the home buyers as of now.
Commercial
Real Estate
Top real estate builders in Hyderabad agreed on a discount of common area
maintenance (CAM) charges. Additionally, many developers are reviewing the
request of the occupiers. The developers and the occupiers have also come up
with a new kind of arrangement called the ‘Blend and Extend’ in the leases to
ease up the negotiation process amid the pandemic.
Residential
Real Estate
Low
unsold inventory in the city coupled with good sales allowed top developers to
hold base prices of the residential units intact. Home buyers have started
physical site visits. Many real estate builders in Hyderabad
are exploring new technology options to ease out and speed up the home buying
process in the city.
Opportunities
In The Challenges
● Urban Infrastructure development in the urban
regions
● Diversification of economic base
● Fast tracking of real estate approvals
● Adapting technology for urban management.
Aurobindo Realty - A Frontrunner in the Hyderabad Real Estate8572
For anybody looking for the perfect blend of quality and sustainability, Aurobindo Realty has to be your go-to real estate developers. Their vision along with many promising projects such as the Kohinoor project, aims to provide you with the lavish lifestyle and peaceful atmosphere you yearn for.
Offering a wide range of 2, 3 & 4 BHK flats for sale in the HITECH city, Aurobindo Realty’s way of transforming your dream into reality is unlike no other. Loaded with amenities in and around the premises, the present and future of your family can be greatly enhanced with an apartment here.
Consult with
Aurobindo Realty for the best 2 BHK & 3 BHK flats for sale in Hyderabad.
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