Hyderabad's residential real estate market experienced a significant downturn in Q2 2024, with sales plummeting 36% QoQ. New launches also declined, signaling overall market slowdown.
The article discusses the lack of housing price data in India, contrasting it with the US and UK, highlighting the implications for individuals in the market.
Indians topped Dubai's property buyer list in 2011, investing Rs 292 crore, marking 16% of total new investments. Asian investors, with UAE and Indian nationals leading, comprised 68% of the investor pool.
Indian real estate lacks reliable price tracking mechanism, with NHB Residex attempting to provide credible market indices for residential properties.