Real estate experiences a bullish market in Telangana
In the last couple of years, areas surrounding Warangal, Mancherial, Yadagirgutta, and Bhongir have experienced a rapid influx of real estate prices averaging at 500-600 percent. This has resulted in increase in land transactions.
The sub-registrar’s office is now receiving up to 20 transactions per day when compared to 2-3 transactions earlier.
The real-estate in Telangana state’s capital Hyderabad is also experiencing a paradigm shift with over 69 acres worth over INR 703 crores being abutted through auctions.
Areas near ISB, Manchirevulu, Financial district have seen its worth bloom with top class hoteliers, Builders, and MNCs showing their interest.
‘The international airport is just a 15-minute drive away and that makes this area all the more important to us’ said a consultant to a renowned Multi-National Corporation.
In the next 3 to 5 years, the Golden Mile is expected to be equipped with facilities that will outsmart the likes of Madhapur, Gachibowli, Jubilee Hills, and Banjara Hills.
With the real estate booming, we are trying to offer our clients the best prices when it comes to buying new plots or for selling existing ones. If you are on the lookout to conduct a real estate transaction, contact us, our experienced personnel with rich onfield experience will be able to cruise you through an error-free and smooth process.