Will the Realty Sector be able to bounce back to normalcy?
Rakesh Reddy, Director, Aparna Constructions, For The Hans India
The ongoing pandemic has definitely taken a toll on Real Estate, one of India’s Major Economy Boosters. However, Its resilience is something to be commended.
In a recent interview our Director Mr. Rakesh Reddy states that the input costs have gone up making it unlikely for the prices to fall. He also mentions that Aparna’s sales have already reached 60-65% of pre-COVID level. The biggest and only concern is labour shortage for Real Estate Projects now. But he also goes on to state that this issue will also be resolved by the 2nd week of July.
“No. There will not be any slowdown in the Hyderabad Real Estate Market. It will be back on track within three months,” He said. Despite the COVID – 19 crisis, there are many factors that have worked in the favour of Hyderabad Real Estate Market. A few being:
The city has the lowest inventory among other metro cities.
Customers will have to choose from the limited stock available.
It is unlikely that new projects will be launched anytime soon, making sales easier for those with the ready inventory.
Read the entire interview and know more about this by clicking on the link given below.
Thank you for contacting us. We will get back to you
The content of this website is for general information purposes only. While enough care is taken by Aparna to ensure that information on the website is up to date, accurate and correct, readers are requested to contact the authorized sales representative before relying upon the same. In no event will Aparna offer any warranty on the information made available, or be liable for any loss or damage including without limitation, indirect or consequential loss or damage in connection with, the use of information in this website. By using or accessing the website, you agree with the Disclaimer without any qualification or limitation. Design, specifications, floor plans, brochures and interactive plans etc., are subject to change without prior notice. Computer generated images; walkthroughs and render images are the artist’s impression and are an indicative of the actual designs.
The contents of this website are meant to provide information to the readers of this website about ourselves including our various projects, various initiatives taken by us, CSR activities etc. They are only for general information and are subject to change. By no stretch of imagination, the information on the website shall be construed as an advertisement and/or invitation or offer for sale. To find out more about Projects/Developments, please call +91-40-23352708 or visit our Sales Office during working hours and get in touch with authorized Aparna Sales Representative. Please note that by sharing any of your contact details on the website, you are authorizing the Sales Response Team of Aparna (even if you are registered on the DND Registry) to provide information on our projects over Calls, SMS & Emails.