February 20, 2019

Real Estate Sector Developments in the wake of policy reforms and the Union Budget for 2019

Rakesh Reddy, for the NBM & CW magazine,

2019 seems to be a promising year for the Indian Real Estate Sector. Owing to the multiple policy reforms and the Union Budget for 2019, the Realty Industry can expect a rise in sales.

In the past few years, Hyderabad has emerged as one of the best performing residential and commercial real estate destinations in India. It has witnessed an increase in sales by 30% and the decrease in the unsold inventory by 29%.

Hyderabad’s leading position as home to IT/ITeS companies has had a direct impact on the massive real estate growth. The Telangana government has invested heavily in the city’s infrastructure and modes of transportation for better connectivity in order to keep up with the heavy influx of urban population.

Our Director Mr. Rakesh Reddy, has also shared his thoughts about the developments in the Realty Sector following the Union Budget for 2019, with the NBM & CW Magazine. Click on the link to read the article here: