Hyderabad bucks realty downturn in second wave
The Hindu
Finance Minister tables Economic Survey - 2021-22 in Parliament
Hyderabad has been one of the brighter spots in the realty sector according to the Economic Survey - 2021-22 which was tabled on Monday in Parliament by Finance Minister N. Sitharaman.
While there was a nationwide downturn in the realty sector in the aftermath of the two waves of COVID-19 over the past two years, Hyderabad was among the few big cities that bucked the trend, shows the economic survey data.
The number of housing transactions in Hyderabad that plunged by -37.6% during the first wave in April-June 2020, surged by 37.9% during the second wave in the April-June period in 2021.
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