Hyderabad Real Estate Market on the Rise: CREDAI to Host Annual Property Shows
Explore the booming real estate sector in Hyderabad with CREDAI's annual property shows, highlighting the city's resilience and growth.
Real Estate MarketProperty ShowsHyderabadCredaiLuxury ResidenceRera Approved PropertiesReal Estate MaharashtraJul 12, 2024
CREDAI-Hyderabad President V. Rajasekhar Reddy announced that the events will serve as platforms to explore government policies aimed at boosting the real estate sector. Reddy highlighted the robust real estate market in Hyderabad, noting its resilience to major disruptive events such as state and central government elections. Recent data indicates a 12.5 per cent surge in property registrations within Hyderabad metropolitan limits between December 2023 and June 2024, with 2.18 lakh registrations recorded during this period compared to 1.94 lakh the previous year.
Reddy emphasized that initiatives like the Regional Ring Road (RRR), Musi River beautification, expansion of Hyderabad Metropolitan Development Authority (HMDA) areas, and township plans will further boost the real estate business in Hyderabad. He added that Hyderabad has surpassed other metro cities in the luxury residence segment.
N Jaideep Reddy, President-elect of CREDAI-Hyderabad, remarked that Hyderabad is increasingly becoming a prime destination for investors and homebuyers due to its favourable climate and attractive investment opportunities. He encouraged homebuyers to attend the property shows to explore premium projects and gain comprehensive insights into Hyderabad's real estate landscape.
B Jagannath Rao, General Secretary of CREDAI-Hyderabad, emphasized that Hyderabad is a prime destination for real estate investment, offering a secure and exceptional living and working environment. Recognized for its top-notch infrastructure and connectivity, Hyderabad ranks highly in the Ease of Living Index by MoHUA (2021).
The CREDAI property show will feature RERA-approved properties, ensuring the highest standards in the real estate industry. The event aims to provide homebuyers with a platform to discover properties that resonate with their dreams and aspirations.
Information
The Confederation of Real Estate Developers' Associations of India (CREDAI) is the apex body of private real estate developers in the country, representing over 12,000 developers across 23 states and 221 cities in India.
CREDAI-Hyderabad is the Hyderabad chapter of CREDAI, working towards promoting the real estate sector in the city.
Frequently Asked Questions
When are the CREDAI property shows scheduled to take place in Hyderabad?
August 2-4, August 9-11, and August 23-25
What is the theme of the CREDAI annual event?
CREDAIbility
What is the growth rate in property registrations in Hyderabad metropolitan limits between December 2023 and June 2024?
12.5 per cent
What initiatives will further boost the real estate business in Hyderabad?
Regional Ring Road (RRR), Musi River beautification, expansion of Hyderabad Metropolitan Development Authority (HMDA) areas, and township plans
What is the ranking of Hyderabad in the Ease of Living Index by MoHUA (2021)?
High ranking due to its top-notch infrastructure and connectivity
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