During a recent media chat, Chief Minister Revanth Reddy shared insights on the Hyderabad real estate market, aiming to address concerns about property prices.
See what he said:
CM Revanth Reddy’s statement on Hyderabad Real Estate !! pic.twitter.com/Pm2oVyMqvG
— Hyderabad Real Estate (@hyderabadprop) March 17, 2024
CM Reddy clarified that despite rumors of a decline, real estate rates in Hyderabad remain stable. He emphasized that while prices may stay steady for a while, they generally do not decrease.
He revealed that discussions on this topic have been frequent during meetings, indicating the government’s efforts to support and boost the real estate market.
CM Reddy attributed the current stability in prices to the recent assembly and parliamentary elections, suggesting that these events have had a positive impact on the real estate sector.
His comments aim to provide reassurance to residents and investors, signaling the government’s commitment to maintaining a healthy real estate market in Hyderabad.
