Hyderabad: With the situation in the State capital facing heavy uncertainties, real estate has also been experiencing instability in Hyderabad. In a recent survey it has been observed that property registrations have declined strongly in the State over the last 6 months. Moreover, property registration in Hyderabad has witnessed a greater decline. The reason behind this is the ambiguity is due to the unexpected course of events taking place in State’s political scenario. Official announcement on whether Hyderabad will be retained as the joint capital or will it take the status of Hyderabad Metropolitan Region is still under dark. Owing to these uncertainties, the real estate of the State has witnessed a serious setback.Not only Hyderabad but tracts adjoining it have also witnessed a decline in property registrations. Regions like Nalgonda, Medak and many others were able to achieve only 50-70% of the set target in revenue collection via property registration. Each year the revenue department sees an increase in the cash flow from property registration. However this year has been an exception. Despite of the progress in the Metro rail project property registrations have only slumped in comparison to the previous year.The Telangana split has only made the situation more unstable. Till a clear verdict is not received on the State issue, the decline in property registrations will loom large. However some realty experts predict that the scenario may turn over a new leaf by the beginning of 2014. Till then buyers will have to wait with bated breath before taking a decision to invest in the realty of Hyderabad.займ на карту без отказов круглосуточновзять кредит онлайн
