Wednesday, June 10, 2009

Dealings Started-Agents Roaming

With the Congress government successfully managing to hold its power for the second time, chief minister Y S Rajasekhar Reddy and his men are not taking it low.

They have already started taking initiatives and projects that will keep them busy for the next five years and that way they are also want to score over the anti-incumbency that might possibly rise among the voters. In this process, the real estate market has been focused very well and slowly but steadily, the market is now said to be breathing some oxygen. Reports have been arriving from our real estate sources that the dealings have begun on a healthy note and even the buyers are said to have come out slowly into the open.

To add to the good news, the dealing are said to be happening not in outskirts but within the city in areas such as Kukatpally, Patancheru. It seems that there is some good movement as per agents and they have begun to pull up their socks and are gearing up to get into the market more aggressively. For now, they have started to focus on small ventures but soon they are having plans to come up with some ambitious ones too.

Usually, the Kukatpally and Patancheru segments are considered hot cakes among the real estate market and the prices tend to be at a high end in such places. So if the deals and transactions increase there, then it won’t be long before the word will spread into the market and even the other areas also will get the heat. However, many are saying that the brokers and real estate people must not make the blunder of coming up with exorbitant prices and try to hike up the market else it will lead to another collapse which will become very hard to come out of.

Source: greatandhra.com

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