62% growth in sales value following rise in demand for higher priced units
Real estate sales in Hyderabad increased by 33% year on year with sales value growing by 62% due to increase in demand for higher priced units from 2014 to 2019. Similarly, on quarter to quarter, despite a per cent’s drop in sale, the value of sales has increased by 15%, according to a report by Liases Foras, a real estate rating and research data analytics company.

The report was presented at the recently held Confederation of Real Estate Developers Association of India (CREDAI) leadership conclave a few days ago in Pune by the company’s MD Pankaj Kapoor.

The Hyderabad market has about 360 developers with 509 projects and more than a lakh units in supply. The top gainers in the past five years is only bettered by Ahmedabad (118%) and Mumbai-Mumbai Metropolitan Region (86%); Hyderabad stood at 76%.

Source: https://www.thehindu.com/news/cities/Hyderabad/city-saw-33-real-estate-growth-in-past-5-years/article29598630.ece

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