Hyderabad's Real Estate Market to Boom in 2021: Know Why?
The year 2020 saw an unanticipated turn of events for economies across the world. The pandemic brought normal life to a halt hindering the growth of many industries. Industries operating with a large workforce or those that required on-site work like the real estate industry faced maximum pressure. Amidst this situation, Hyderabad's real estate sector has continued to show steady growth and surprised many analysts. For those looking to invest in this stable and growing real estate market, leading real estate developers such as N K Realtors are offering flats for sale in Hyderabad . Price Trends Despite tremendous pressure caused due to sharp decline in demand nationally, Hyderabad's real estate market continues to grow, to witness consistent price growth. In the period of October-December last year, the average rate of newly-launched projects in Hyderabad increased 5% compared to the same period in 2019. Due to a steady increase in average rates, property prices are the h