Residential Plot / Land for sale in Muthangi, Hyderabad

17.32 lakhs
Open plot for sale 165. sq yds near sangareddy & sadashivapet

Open plot for sale 165. sq yds near sangareddy & sadashivapet

NEAR SDHASIVAPET, Muthangi, Hyderabad - 502291 (Telangana)

  • Area: 165 SqYards
  • Facing: North East
  • Transaction: New Property
  • Price: 1,732,500
  • Rate: 10,500 per SqYard -45%
  • Possession: Immediate/Ready to move

Description

At the beginning of 2020, the real estate market in India continues to see a struggling housing segment because of the funding crisis. However, the go

At the beginning of 2020, the real estate market in India continues to see a struggling housing segment because of the funding crisis. However, the good news for a plotting development company in Hyderabad like Space Vision is that commercial ventures such as co-working offices are becoming more popular. The real estate sector needs effective measures from the government to increase demand and help the industry recover properly from the sluggish demand.

As mentioned above, 2019 was a difficult year for real estate companies as they struggled with the funding crisis. Meanwhile, problems affecting the banking and NBFC sectors also had a deleterious effect. Further, the economic slowdown worsened the situation and decreased housing demand. Other factors impacting growth were the consequences of demonetization as well as the introduction of GST and RERA regulations.

As a result, currently, the Indian real estate industry is saddled with an enormous unsold stock of 4.5 lakh homes. This is ironical because there is a great need for affordable housing in the nation.

At the beginning of 2020, we look at the emerging interesting trends in the real estate sector and boldly make predictions for the industry for this year:

Real estate developers in Hyderabad and other cities know that number of users have started to place their money in the housing segment compared to investors looking for profit. In cities like Mumbai and Delhi, the investor to user ratios was 60-40 a few years back. But returns in this sector have decreased and a number of big builders have defaulted on their projects. As a result, investors looking for profit have turned away. In fact, investor participation has reduced to just 5% to 10% in the housing segment.

Further, even end-users are clearly favoring projects that are ready to move in as there are not willing to take risks. We foresee that this pattern of end-users dominating the homes sector will continue in 2020 as well as the near future, even if the economic scenario improves.

The good news for a plotting development company in Hyderabad is that the government is taking steps to promote affordable housing of less than Rs. 50 lakh among the public. This trend has helped this segment to account for about 50% of the total sales in the residential sector. As a result, numerous builders are foraying into this category. Meanwhile, the government can further boost demand by introducing additional robust measures to help middle-class people realize their dream of buying their own home.

The silver lining for real estate developers in Hyderabad and other Indian cities is that the commercial segment is showing positive growth. In the first half of 2019, a robust 28 million sq ft of office transactions was achieved. This is the result of strong demand from IT and ITES companies. Indian IT companies have upgraded their services and capabilities, and have entered into high-value areas such as product development, data analytics, and artificial intelligence, which is leading to an increase in demand for office spaces

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Features

  • Land Features
    • Clear Title
    • Freehold Land
    • Plot Boundary Wall
    • Society Boundary Wall
    • Corner Plot
    • Feng Shui / Vaastu Compliant
    • Club / Community Center
    • Adjacent to Main Road
    • Park/Green Belt Facing
    • Water Connection
    • Electric Connection
    • Close to Hospital
    • Close to School
    • Close to Shopping Center/Mall

Location

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* Location may be approximate

Price Trends Muthangi, Hyderabad

Residential Plots / Lands for sale in Muthangi, Hyderabad

This property is priced approximately -45% under the average for an Residential Plots / Lands for sale in Muthangi, Hyderabad (Rs.19138/SqYards)
* Disclaimer: Data may be approximate.

Locality Reviews Muthangi, Hyderabad

Muthangi is a fast growing town in the outskirts of Hyderabad. It has become more prominent after IIT and GITAM university.

Pros:
  • Fast growing town
Cons:
  • Outskirt of Hyderabad
Posted: by
Muthangi, Hyderabad is rated 5 out of 10 based on 1 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.