Hyderabad
HYDRA: Hyderabad Property Market Sees 24% Drop in October Registrations as NRIs Hesitates to Invest
Property registrations in October have dropped by 24% compared to the same month last year, with NRIs increasingly hesitant to invest in homes.
Hyderabad: Property registrations in October have dropped by 24% compared to the same month last year, with NRIs increasingly hesitant to invest in homes.
Last year, revenue from registrations up to October 26 was ₹1,221.82 crore, while this year, it has reduced to just ₹923.30 crore.
Similarly, revenue from registrations in September last year was ₹1,161.54 crore, dropping to ₹857.83 crore this September.