Latest news with #CREDAIHyderabadPropertyShow
Time of India
3 days ago
- Business
- Time of India
Buyers eye premium 3BHKs as demand shifts beyond Hyd's IT corridor
1 2 Hyderabad: A significant proportion of visitors at the CREDAI Hyderabad Property Show were searching for premium 3BHK units within gated communities, with many willing to spend upwards of 2 crore. Buyers came not only from within the city but also from other districts, with developers noting that around 70% of real estate activity still centres on the IT corridor. However, demand is gradually shifting towards the city's northern and southern zones. According to Vamsi Krishna Reddy, vice-president of sales and operations at Rajpushpa Group, around 30% of enquiries were for residential options in the north and east, including independent houses in secured communities, priced at 6,000 to 6,500 per sq ft. South Hyderabad, particularly the Srisailam stretch, saw interest in entry-level 2BHK and 3BHK units, as well as plotted developments in the 6,000–7,000 per sq ft range. High-end villas priced at 3 crore and above also attracted attention, while large-format homes, including 5BHK units spanning 5,000 sq ft and priced at over 5 crore, garnered interest from potential buyers. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Gold Rates Today in Hyderabad | Silver Rates Today in Hyderabad "Industry experts say the city's expanding infrastructure and emerging growth corridors are driving this diversification in demand," said Layel Nishkam from Vertex Group. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
The Hindu
4 days ago
- Business
- The Hindu
Telangana CM Revanth Reddy cautions real estate developers against falling for ‘politically motivated rumours'
Telangana Chief Minister A Revanth Reddy cautioned the real estate developers and construction companies not to fall for politically motivated rumours on real estate scenario or else they would lose out. 'If you give weight to politically motivated rumours, you are the ones who will lose. I am here to clear any such doubts among you. For us, you are the priority when it comes to investment,' he said, inaugurating the CREDAI Hyderabad Property Show in Hyderabad on Friday (August 15, 2025). Mr. Reddy assured investors and developers that his government was committed to moving forward with clear and transparent policies to drive the state's growth, overcoming rumours and doubts spread by political opponents. 'Both policy and the construction sector serve as 'growth engines' for Telangana's development.' The Chief Minister asserted that even if leadership changes, Telangana always avoided policy paralysis, which allows the State to compete globally. 'Investment protection and profitability were key responsibilities of the government,' he said. Mr. Reddy warned against supporting misinformation campaigns when his government acts against illegal encroachments. 'Plans for Telangana will be made by us, but it is your responsibility to promote them. Real estate thrives on a positive sentiment, and we must work together to protect that,' he urged the developers. Mr. Reddy described himself as 'a Chief Minister with middle-class thinking' and said he would never misuse public office for personal gain. 'I will not plunder and take wealth abroad. My focus is entirely on the welfare of society. While I may not agree with every request, I will support any development that benefits people in a transparent manner,' he said. Referring to infrastructure needs, he lamented that Hyderabad's Metro Rail had not been expanded for ten years after being introduced through the efforts of the late Jaipal Reddy. The Congress government has again given an impetus to the Metro extension in various routes. Highlighting other initiatives, the Chief Minister said proposals were sent for a dry port on the Hyderabad-Amaravati Greenfield Highway, 11 new radial roads connecting the Outer Ring Road to the Regional Ring Road, and more airports for Telangana. The State is also being planned in three zones - core urban, semi-urban, and rural, for balanced development. He also recalled the contributions of Chief Ministers of erstwhile Andhra Pradesh late Y.S. Rajasekhara Reddy and N. Chandrababu Naidu, crediting them with creating the Outer Ring Road and HITEC City respectively.
