With the festival season approaching, excitement typically surges in Hyderabad’s construction sector. Home sales that begin with Ganesh Chaturthi usually pick up momentum by Dasara. However, this year, there is no buzz in home sales in Hyderabad—no project visits, no excitement in the market; it feels completely lifeless. Developers claim that the market has never faced such a dire situation before. Even during the Telangana movement, sales occurred at expected levels, but now the entire market is in disarray, and experts are expressing their concerns.
Hyderabad, which emerged as a top city, seems to have dropped out of the top 10 rankings. Currently, Telangana real estate is operating in a single gear, and the entire construction sector is eagerly waiting to see when it will shift into a higher gear.
