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The Telangana Real Estate Developers Association (TREDA) in a media report shares that the Hyderabad real estate sector has sprung back firmly amongst the hindrance of Covid 19 epidemic and is on the growth trajectory.
As per JLL-CII report ‘Hyderabad Real Estate - A Road Map amid the Covid 19 crisis’, the real estate performance recovered in 2020 in comparison to other metros and its economy was the actual one that restarted its firmness once the lockdown guidelines were calm down.
This remarkable growth has been possible due to the state government backing, business-friendly policies and alterations in the monitoring process profiting all the players in the network. This fascinates the young work minds to its strong and progressing infrastructure besides with ease of living and multicultural atmosphere.
Real estate offers its services at a feasible rate to the commoners and as well people willing to make the city their ‘Home’. It has been observed a record number of increases in sales for residential and office leases due to rental fee waivers.