Happening Hyderabad on LinkedIn: #hyderabad #happeninghyderabad #civilaviation #telangana #aviation (2024)

From #DLF to #Lodha and #Godrej, builders are testing new citiesMost developers are buying land, taking over projects of distressed developers or partnering with smaller local developers to venture into newer locations.Top developers are entering new markets for residential projects, as rising urbanization and an expanding middle class fuel a housing boom.Developers are exploring opportunities particularly in cities such as Hyderabad, Pune, Bengaluru and Gurugram that have seen high sales.Mumbai-based Godrej Properties Ltd this week acquired 12.5 acres in Hyderabad’s Rajendra Nagar locality to develop a premium residential project, marking its entry into the city. Shriram Properties Ltd, which has so far focused on South India, is entering Pune with a mid-market housing project in suburban Undri. It has signed a development management agreement with the landowner for the project.Operating in Hyderabad would give Godrej Properties—one of the few developers operating in multiple cities—an opportunity to be present across key property markets in the country.“Hyderabad is one of the fastest growing residential markets, where demand is high but the quality of supply is lacking,” Gaurav Pandey, managing director and chief executive officer of Godrej Properties, said in a recent interview with Mint.https://lnkd.in/gjQh9AEE#India #RealEstate #Housing #HyderabadPic TravelWithLaxman

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Demand for Luxury Housing in India surged to 112% in 2023 compared to the previous year, fueled by increased disposable income and the allure of an enhanced lifestyle : NoBrokerAmong the housing units, the appeal of owning a villa has intensified in the metro cities. Delhi-NCR, Mumbai-MMR, Hyderabad, and Bangalore have seen the greatest demand for these luxury properties.The luxury housing sector in the Indian real estate market is experiencing a remarkable upswing, driven by a discernible shift in consumer preferences towards spacious and opulent living spaces. Notably, buyers’ budgets have expanded, with not-only High-Net-Worth Individuals (HNIs) and Ultra High Net Worth Individuals (UHNIs) increasingly considering real estate as a crucial long-term hedge against inflation, but even upper and upper middle class expanding their budgets to get bigger and more premium apartments," Saurabh Garg, Co-founder and Chief Business Officer, NoBroker said.Kollur, Tellapur, and Mokila in #Hyderabad have emerged as hotbeds with the largest number of villa launches in a year as per the NoBroker data.#India #Housing #RealEstate#Hyderabad #LuxuryHomes video: Hyderabadlive

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