Hyderabad Beats Realty Slowdown as Housing Sales Rise 67%: JLL India

New Delhi: Housing sales in Hyderabad rose 67 per cent to 7,000 units during the period between October 2014 and September 2015 on improved demand from both end-users and investors after formation of Telangana, says a report by property consultant JLL India. Housing sales stood at 7,000 units during the fourth quarter of 2014 to the third quarter of 2015 as against 4,200 units in the year-ago period, JLL India said. “After creation of new Telangana state and Hyderabad’s status as joint capital, the end-users demand as well as investors sentiment has improved, resulting in an increase…

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