in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
The downtrend in demand is expected with all the news floating around and home buyers being cautious. Interestingly, this is not just a Hyderabad phenomenon and some of the other markets are also feeling the pressure.
Overall, we see a 10% YoY decline in volume sales.
No decline in value due to natural inflation and price.
There are other factors that contribute to the market - interest rates, macroeconomics / elections in the US given their strong NRI share in Hyderabad market, price to name a few.
Source: Indian Housing Report, CRE Matrix
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2024 H2 sees a slump in residential homes demand owing to several factors that are known to many on ground. While we are lapping a strong 2023 but there is a QoQ decline as well.
These cycles are typical for any business but be vigilant and deliberate in your research and make an informed decision.
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A long term focus is often needed especially as we face short term challenges. Hyderabad is set to witness strong growth for office stock, climbing to #2 position in India. However, we need to monitor the absorption rate closely.
Source: CRE Matrix
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I have gotten into countless debates with friends and family on Aparna vs Myhome in Hyderabad. There are many quality builders in Hyderabad in a similar league and we will talk about it in one of our future videos.
Meanwhile, if you are considering a project by Aparna Constructions, here is a most recent price list. Their pricing is transparent.
Source: Aparna
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FSI and GSI: Key Metrics to consider for your dream home
These metrics reveal the value you're getting in a real estate project. Lower FSI and GSI often mean a more premium living experience.
Why it matters:
Higher FSI/GSI = More shared spaces and amenities
Lower FSI/GSI = More exclusive living, potentially larger apartments
Imagine a building in the top right (below chart) where you are having to share amenities , lifts, corridors, parking lots with many families vs a lot fewer. It makes meaningful difference to your life. While your own apartment remains yours, we know that the community around adds huge value to your lifestyle.
Remember: While not the only factor, these metrics significantly impact your lifestyle and property value.
So understand your preferences and the value being offered when making decisions.
Chart Source: Research Gate
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Strong YoY seen for Q2 overall but the supply has also massively risen (green bar) post COVID and needs a bit of a correction for supply demand stability.
Source: Anarock Q2 Report
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Did not expect to see such solid growth in June and July! A strong testament to sustaining consumer demand in Hyderabad in the residential segment.
26-30% YoY growth is no mean feat. Hopefully this provides some solace to people considering buying a home.
Source: Knight Frank India
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The gorgeous hilly terrain of Budvel Hills that overlooks the Himayat Sagar Lake.
The eco park and the aviary center would add to the beauty and keep things serene.
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Gold facade? Hyderabad's got it! An approved commercial project called The Harvest by Pooja Crafted Homes in Kokapet (next to the lake).
Source: PCH
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