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Pre-launch sales reduced in Hyderabad

Many developers say that pre-launches have decreased by eighty to ninety percent in Hyderabad. Developers selling flats in pre-launches are said to be less compared to earlier. However, here and there, some developers are selling flats in pre-launches out of greed, said Credai Hyderabad President Rajasekhar Reddy. Highlighting the point of not buying in pre-launches, he said that they have also conducted special promotional programs. He said that it was because of the efforts of Credai Hyderabad that the TS government appointed a full-time chairman for the RERA authority. He said that the new chairman, Satyanarayana, is performing well.

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