Realty boom in Telangana hits a pause
Real Estate

Realty boom in Telangana hits a pause

According to the number of property registrations during the past year, the real estate market in Telangana has slowed down despite numerous polls painting a positive picture of the state's real estate industry, particularly in and around Hyderabad.

This might be a result of ballooning land prices, growing property costs, and upcoming assembly elections, according to officials and those connected to the real estate industry.

Interestingly, despite a decrease in transaction volume, the state government has generated more cash from property registrations than in the prior year.

According to a representative, the rise in land market values led to an increase in registration revenue. He claimed that there has been a decline in revenue since January of this year.

According to the number of property registrations during the past year, the real estate market in Telangana has slowed down despite numerous polls painting a positive picture of the state's real estate industry, particularly in and around Hyderabad. This might be a result of ballooning land prices, growing property costs, and upcoming assembly elections, according to officials and those connected to the real estate industry. Interestingly, despite a decrease in transaction volume, the state government has generated more cash from property registrations than in the prior year. According to a representative, the rise in land market values led to an increase in registration revenue. He claimed that there has been a decline in revenue since January of this year.

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