Hyderabad's realty outlook positive: Cushman & Wakefield
Says capital value appreciation was 14% in mid segment and 16% in high-end segment over last 3 years
Sep 05, 2014
Source : Business Standard
Cushman & Wakefield (C&W)


Hyderabad: Global consultants, Cushman & Wakefield (C&W), stated that had witnessed capital value appreciation of 14 per cent in the mid-segment and 16 per cent in the high-end segment over the last three years.

Hyderabad ranked last among the top seven cities in the country in terms of capital value appreciation, primarily due to subdued demand for residential units given the political uncertainty in the state during the last few years. However, considering that this uncertainty is now over with the formation of two separate states, the overall city outlook remains positive, C & W stated in its latest report.

In the high-end segment, according to the report, locations such as Himayathnagar, West & East Marredpally and Jubilee Hills witnessed highest capital value appreciation in the range of 21-23 per cent since 2011.

Locations such as Madhapur-Gachibowli and Miyapur-Nizampet witnessed healthy capital value appreciation of 31 per cent and 25 per cent respectively in the mid-segment over the last three years. Continued demand from professionals and improving physical and social infrastructure resulted in majority of the residential real estate activity being concentrated in these north-western locations, the report stated.


Latest Realty News

Patna Municipal Corporation orders demolition of illegal parts of 3 buildings
Sep 05, 2014
The Patna Municipal Corporation (PMC) has decided to demolish illegal parts of three buildings within a month. PMC commissioner Kuldip Narayan pronounced the order on Thursday after hearing vigilance cases against illegal highrise buildings in the city
Houses with over Rs 1 lakh pending taxes to be confiscated in Ghaziabad
Sep 05, 2014
The municipal corporation has identified 118 residential properties in all its five zones in the city which it will soon confiscate for pending house and water tax amounting to overRs 1 lakh
GDA pressures builders with threat to seal flats
Sep 05, 2014
Home-owners in scores of housing societies in Indirapuram have been served notices by the Ghaziabad Development Authority that their flats will be seized unless deeds of declaration are submitted to the civic agency
Haryana says DLF deal 'transparent'
Sep 05, 2014
With assembly elections round the corner, the Punjab and Haryana high court's order on Wednesday cancelling the auction that saw 350.7 acres of land being allotted to real estate giant DLF came as a big jolt to the Haryana government
DDA to show sample flats till October 9
Sep 05, 2014
For the first time in a housing scheme, DDA will allow its applicants and prospective applicants to see the type of flats on offer
Tata Value Homes sells 85 flats on Snapdeal within a week
Sep 05, 2014
E-commerce is no longer limited to apparels, gadgets and white goods — consumers are even buying houses over the internet. Tata Value Homes, a subsidiary of Tata Housing Development Company, for instance, sold about 85 flats on Snapdeal within a week of putting some of its projects online
Indian real estate market saw significant change during 2005-14: Report
Sep 05, 2014
Indian real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report
Fixed-rate home loans back
Sep 05, 2014
ICICI Bank has brought back fixed-rate mortgages. The bank is offering home loans up to 10 years at a fixed rate of up to 10.25%, which is close to 10.15% it charges its floating-rate customers
Now, textile major Arvind aims to be real estate brand too
Sep 05, 2014
From being synonymous with the words like ‘denim’ and ‘textiles’, brand Arvind is on its way to establish itself as a formidable real estate brand too
HC order on Gurgaon land spells more trouble for DLF
Sep 05, 2014
DLF’s dream of building another luxury premium project near the Golf Course Road, Gurgaon, has been hit by a recent order of the Punjab and Haryana high court, setting aside the Haryana government’s allotment of 350 acres

Latest Realty News Of State

Realty Talk's