Hyderabad real estate scene looks up
The Hindu
2/3 BHKs in 1,100-2,500 sq.ft sizes most popular: report
Hyderabad’s real estate sector showed growth in demand and supply in July-Sept. 2021 with 1,100-1,300 sq ft for 2BHK and 1,500- 2,500 sq ft for 3BHK units remaining popular regardless of the second wave of COVID-19 and other challenges, according to ‘Insite’ – a quarterly real estate report by property portal 99acres.com on Tuesday.
New residential projects received a decent response from the buyers and they majorly remained confined to the western corridor of areas such as Nanakramguda, Kokapet, Narsingi, and Kondapur. These ruled the roost in terms of buyer enquiries, new launches, and residential sales.
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The Karnataka government has drafted a comprehensive master plan for the integrated development of Kukke Subrahmanya temple, the State’s highest revenue-generating temple managed by the Hindu Religious Institutions and Charitable Endowments Department. The redevelopment initiative is estimated to cost around ₹254 crore and aims to enhance infrastructure and facilities for devotees.