Live : Real estate market may collapse in Hyderabad!
The news citing property developers in China are accepting watermelon, wheat, garlic and several other agricultural produce for homes is creating a buzz in Hyderabad too. Now, experts are warning that the real estate crisis may occur in our nation and alerted the real estate developers. It is known that the Covid-19 pandemic showed its maximum effect on real estate.
As per the a survey, the sale of houses in the nation decreased and Hyderabad reported a 41 per cent decline in house sales. Sources said that more than one lakh flats are on sale in and around Hyderabad. Only 3,027 houses were sold in the last quarter sales in Hyderabad.