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Property In Hyderabad: Running High On Positive Sentiments Posted By: Nishant Kapoor

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After the much talked about Telangana Bill was given green signal recently, the speculations about Hyderabad's realty market have again started making rounds. Though the high uncertainty prevailing before T-Bill got nod has almost withered away, buyers are still trying to get the clarified picture. If the market predictions are to be believed, the city is all set to bounce back with better stronghold over real estate. A point that can be cited in its support is the improved Housing Sentiment Index(HSI) that stood at an impressive 101. The HSI above 100 is an indication of the positive sentiments of buyers into making a purchase, and for Hyderabad, the value speaks for itself. The HSI is an index that intends to capture buyers' mood; in the last quarter of 2013, i.e. Oct-Dec, the value for Hyderabad real estate witnessed an increase of 22%, as compared to the previous quarter. IT shows that sentiments are largely running positive for city, especially in South Hyderabad, where HSI value scaled up by 24% in the above-said period. According to Andhra Pradesh's IT Minister Mr. Pounala Lakshmaiah, the city is expected to perform well in real estate market, in the months to come.

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