Industry experts emphasize the need for policy changes and infrastructure development to address affordability issues in the real estate market.
Real EstateAffordabilityInfrastructurePolicy ShiftsHyderabadReal Estate NewsJun 16, 2024
The main challenge is affordability, due to rising land prices in the open market.
Experts suggest the adoption of a multi-use land policy.
Infrastructure development is essential for the city's growth, including the completion of the regional ring road and new township policies.
The sector is strong, with Hyderabad's real estate sector being the top contributor to Union Bank of India's balance sheets.
Incentives are needed to encourage development beyond the western corridor and promote housing for all.
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