Hyderabad is set to witness a major real estate boom with the announcement of several landmark development projects, including a future city at Mucherla and expansion of metro rail.
HyderabadReal EstateConstructionDevelopmentCbreCredai TelanganaTelangana GovernmentReal Estate NewsAug 20, 2024
The government has announced several landmark development projects, including a future city at Mucherla, the skill development university, expansion of metro Rail, and the proposed Musi riverfront development project.
Urbanisation in the state has reached nearly 45 per cent.
The industry has played a significant role in the state's development, and the government is committed to taking Telangana to the next level of growth.
The city's strong infrastructure, thriving IT/ITeS sector, and substantial global investments have laid a solid foundation for continued growth.
The report highlights the state's approach and strategic planning to unlock opportunities for global investors, paving the way for a high growth trajectory.
Housing sales in top 9 Indian cities are expected to decline by 2% in the April-June quarter, with Mumbai being one of the most affected cities.
Homes priced above Rs 1 crore now dominate India's residential real estate market, accounting for 37% of the overall market share.
The company plans to explore the potential monetisation of non-core real estate assets located in prime areas, including Mumbai, Pune, and Vadodara.
Kalyani Developers has identified significant growth opportunities in the residential market and is now expanding its portfolio with new projects in Bengaluru and Hyderabad, focusing on delivering high-quality, value-driven homes.
Tribeca Developers, a prominent real estate firm, has partnered with co-living operator Housr to launch Trilive, a rental housing platform tailored for millennials and single individuals. This new platform aims to address the growing demand for affordable and flexible rental homes in bustling urban areas.
Blocksquare has entered into a groundbreaking agreement with Vera Capital to tokenize $1 billion worth of real estate assets across the United States, marking a significant step forward in the world of real estate investment and blockchain technology.