Real Estate: 2015 Boom In Hyderabad

Posted : September 2, 2014 at 10:56 pm IST by ManaTeluguMovies

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To all those who were thinking that the bifurcation of Andhra Pradesh has cursed the real estate market in Hyderabad, here is some good news. The market experts are now predicting that a big boom is going to happen in 2015. The reason for that is the effort being made by the newly formed government.

Recently, Telangana CM KCR has gone to Singapore and reports say he is back with confirmed investments. A total of Rs 5000 crores investment is confirmed in the segments of power, roads and realty. Some waivers are being planned for state level taxes.

Government sources say he is planning to go to two or three foreign countries before year end and gather further foreign investments and projects. Hyderabad is a strong base for infrastructure for anybody and KCR is planning to cash it at the right time. A big boom is expected in Hyderabad due to all this and already, the land rates have increased 20 percent in the last two months.