Hyderabad realty sector bounces back, records huge growth
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Hyderabad, March 27 -- Hyderabad realty sector is showing a sign of revival as it recorded positive growth in the first quarter of 2021 when compared with the same quarter of 2020.
According to JLL (Jones Lang LaSalle Incorporated), a global real estate services firm specialising in commercial property and investment management, the sale of properties in Hyderabad, Kolkata, Chennai, and Pune has increased in Q1 of 2021 when compared to Q1 of 2020. As per JLL's 'Q1 Residential Market Update', Hyderabad reported a growth of 123 percent in the residential market segment.
Out of the sales of properties in Hyderabad, 65 percent took place in Gachibowli, Manikonda, and Kukatpally, the report added.
Another property consultant, Anarock also r...
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