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Will the real estate prices go down in 2020 in Hyderabad?

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Ankitha gori

2019 was a much better year for Hyderabad than most predicted. The city recorded an absorption of 11 million ft2 in the IT sector alone. The IT sector’s consumption patterns in 2019 have matched up with the patterns absorbed in Bangalore by the IT sector. When it comes to the residential sector, the city experienced an increase in prices which can be attributed to the developer’s switching to the IT sector, leaving few to attend the residential sector. With the on-going and introduction of new policies from the state government, that had attracted large groups of people to migrate to Hyderabad has surely increased the demand in Real Estate sector and so dies the prices. Since a dip has been observed during the lockdown period, the Hyderabad real estate market is expected to recover and rise soon. To know more about real estate and available properties in Hyderabad, visit www.pahani.com.

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Ankitha gori
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The geographical Exclusive details referring to the contribution that each firm has created to the trade are made public within the study.

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