Boosting Realty Affordability: Experts Call for Policy Shifts and Infra Improvements
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
Frequently Asked Questions
What is the main challenge facing the real estate market in Hyderabad?
The main challenge is affordability, due to rising land prices in the open market.
What is the proposed solution to stabilize prices?
Experts suggest the adoption of a multi-use land policy.
What is the importance of infrastructure development in the real estate market?
Infrastructure development is essential for the city's growth, including the completion of the regional ring road and new township policies.
How is the real estate sector performing in Hyderabad?
The sector is strong, with Hyderabad's real estate sector being the top contributor to Union Bank of India's balance sheets.
What is the need for incentives in the real estate market?
Incentives are needed to encourage development beyond the western corridor and promote housing for all.
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