Friday, February 25, 2011

Telangana landing

Telangana landing: "The reigning confusion over Telangana has meant that the real estate market in Hyderabad is caught in a catch-22 situation. The city remains doubtful if Hyderabad’s (Telangana) loss will become Visakhapatnam’s (Andhra) gain. In the last few months, land prices have been stagnant as there have been not many transactions, say property dealers in the city. The city is still in a wait-and-watch period, waiting for the Telangana Bill to be introduced in Parliament. The few companies that had entered into real estate agreements are also going slow on the deal-making process."

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