Unleashing a New Dimension of Space Look-Out
If you love anything like infrastructures and construction landscape around, look up to the progression India is making in the industry today, witnessing dramatic demands from the real estate sector.
This growth is accounted to be leverage a new infrastructure outlook to the demography of the country. Businesses and enterprises expanding their operations far & wide across the nation are redefining the sector's vibrancy and potential for further development. As per the latest analysis by PropEquity, India's major Tier-1 cities witnessed a 7% increase in the supply of commercial real estate in Q3 of 2023, which totaled 14.61 million sg.ft. The major credit is secured by the government who took proactive measures to multiply the IT sector’s proliferation through tax incentives and infrastructure developments. And, the plus is that, Hyderabad names the first place with around 35% of new supply, and Bengaluru seconds the evaluation adding 25% in the new supply. Well, the propellers are undoubtedly the burgeoning market which heightened the demand for commercial real estate substantially.
Also, where Hyderabad district had accounted for 15% of overall registrations concerning the residential space, the average price of transacted residential properties increased by 3% YoY in Feb 2023, and in this, Medchal-Malkajgiri was one that observed the highest home sales registrations at 43%, followed by Rangareddy at 39% in Feb 2023. Endeavoring to bring to light, some of the unique projects that can extensively add up to the Hyderabad city’s position in the infrastructure realm, we present our current edition, ‘10 Most Promising Hyderabad Real estate Projects Under Construction – 2023’.
Do read to know more about them and let us know your positive feedback!
This growth is accounted to be leverage a new infrastructure outlook to the demography of the country. Businesses and enterprises expanding their operations far & wide across the nation are redefining the sector's vibrancy and potential for further development. As per the latest analysis by PropEquity, India's major Tier-1 cities witnessed a 7% increase in the supply of commercial real estate in Q3 of 2023, which totaled 14.61 million sg.ft. The major credit is secured by the government who took proactive measures to multiply the IT sector’s proliferation through tax incentives and infrastructure developments. And, the plus is that, Hyderabad names the first place with around 35% of new supply, and Bengaluru seconds the evaluation adding 25% in the new supply. Well, the propellers are undoubtedly the burgeoning market which heightened the demand for commercial real estate substantially.
Also, where Hyderabad district had accounted for 15% of overall registrations concerning the residential space, the average price of transacted residential properties increased by 3% YoY in Feb 2023, and in this, Medchal-Malkajgiri was one that observed the highest home sales registrations at 43%, followed by Rangareddy at 39% in Feb 2023. Endeavoring to bring to light, some of the unique projects that can extensively add up to the Hyderabad city’s position in the infrastructure realm, we present our current edition, ‘10 Most Promising Hyderabad Real estate Projects Under Construction – 2023’.
Do read to know more about them and let us know your positive feedback!
