Saturday, October 08, 2011
Real estate no more attracts NRIs
Real estate in Hyderabad is not an attractive investment proposition for Non-Resident Indians and High Networth Individuals, thanks to the prevailing uncertainty over a separate Telangana state.
Nevertheless, the property market seems to be on a rebound as demand from genuine buyers is on the rise. Though the prices of raw materials like steel and cement have shot up, the property prices haven’t increased commensurately.
Meanwhile, APREDA and the Foundation for Futuristic Cities will jointly organise a two-day global summit ‘Vibrant Cities for a Vibrant Economy’ and a property show in Hyderabad on October 15 and 16. Visit http://vibrantcities.in/ for more info...
Nevertheless, the property market seems to be on a rebound as demand from genuine buyers is on the rise. Though the prices of raw materials like steel and cement have shot up, the property prices haven’t increased commensurately.
Meanwhile, APREDA and the Foundation for Futuristic Cities will jointly organise a two-day global summit ‘Vibrant Cities for a Vibrant Economy’ and a property show in Hyderabad on October 15 and 16. Visit http://vibrantcities.in/ for more info...
