Hyderabad Real Estate Market Dt 03.04.2016
The Hyderabad real estate market leaving bad times seeing finally a correction as per the latest report.As per the report the unsold inventory has decreased .The demand for office space also rose. Comparing past the unsold inventory is lowest at the beginning of 2016. The office absorption is key sector for the reason as the commercial and IT office space hub which provides quality space at cheaper price.Many reputed MNCs like Google, Qualcomm, Salesforce and JP Morgan have acquired large chunks of office space here.
Though the situation in the residential market is not as positive as in office space segment, steady demand during last 18 months does point to a possible improvement in residential market fundamentals in coming months.With vacancy levels reducing, even the rental segment is set to witness a growth, much to the relief of property owners and investors in the city.
Key growth Highlights
Hyderabad realty sector poised for correction
Unsold inventory decreased in second half of 2015
Prices to remain stable due to this decrease
Rental segment is set to grow in 2016