Will real estate recover in 2015?

Can 2015 be the year of recovery for real estate market in Hyderabad? Analysts believe that post-bifurcation and formation of a stable government in Telangana State and at the Centre in 2014 should pave the way for the sector to recover in Hyderabad.

In fact, a December-2014 Pan Indian real estate survey of Indiaproperty.com in Hyderabad, Delhi NCR, Mumbai, Chennai and Bangalore says that “Everybody wanted a change and 2014 saw the formation of new the governments. Many impact areas such as real estate, stock markets, fuel and gold prices were buoyed by positive sentiments. These changes paved way for 2015 which is expected to be the year of recovery”.

The survey says that a major buying trend that can be seen in the real estate industry, include high proportion of end-users looking for mid-segment properties, buyers giving importance to infrastructure, presence of public transport and security before deciding the locality. Nearly 64 per cent of prospective buyers who participated in the survey in Hyderabad have expressed an increase in confidence in real estate.

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