Thursday, August 8, 2024

CREDAI’s Upcoming Property Shows: A Spotlight on Hyderabad’s Thriving Real Estate Sector

Share

CREDAI’s Trio of Property Shows to Illuminate Hyderabad’s Real Estate Sector in August

The bustling city of Hyderabad is set to witness an exciting trifecta of property shows, thanks to the proactive initiatives of the Confederation of Real Estate Developers’ Associations of India (CREDAI). As the leading authority representing the private real estate development sector in India, CREDAI is gearing up to roll out a series of property exhibitions under the compelling theme of #CREDAIbility. These highly anticipated shows are scheduled to make their mark on the city on August 2, 9, and 23, offering a wide panorama of the vibrant real estate opportunities brewing in Hyderabad.

These property expos are tailored to provide prospective homebuyers with an in-depth look into the thriving world of Hyderabad’s real estate market. A curated selection of properties, ranging from luxurious apartment complexes and lavish villas to strategic plots and prime commercial spaces, will be showcased. What sets these shows apart is the exclusive focus on projects registered under RERA (Real Estate Regulatory Authority) presented by CREDAI member developers. This careful curation ensures that all attendees will have access to projects characterized by both transparency and credibility.

With over 884 development projects acknowledged as green buildings by the Indian Green Building Council (IGBC)—the lion’s share belonging to CREDAI members—Hyderabad stands as a beacon of sustainable real estate development. Recent statistics highlight the city’s buoyant property market, showcasing a 12.5% increase in property registrations within the metropolitan realm from December 2023 to June 2024 and a notable rise in registrations within the Hyderabad Metropolitan Development Authority (HMDA) limits during the same interval.

V Rajashekhar Reddy, the dynamic president of CREDAI Hyderabad, has lauded the city for its impressive roster of accolades. Not only has Hyderabad been named the fourth fastest growing city globally according to the Knight Frank India-CII Report (2024), but it also has been recognized for its economic prosperity by the World Bank Group Doing Business Report (2020) and earned a coveted spot among the top 10 global ecosystems for startups as per the Global Startup Ecosystem Report (2022). Furthermore, the CBRE Report (2024) rates Hyderabad among the top three Indian markets for luxury homes, signifying the city’s ascendancy in the realm of high-end real estate.

The upward trajectory of Hyderabad’s real estate landscape is further illuminated by the positive trend in open plot registrations, which have experienced a modest 7% increase. Adding to the city’s green laurels, a quarter of its real estate projects were certified as eco-friendly during the second quarter of 2024, emphasizing Hyderabad’s leadership in promoting sustainable development practices.

Moreover, Hyderabad’s commitment to sustainable growth and eco-friendly initiatives has not gone unnoticed. The city proudly seized the top position in the City Nature Challenge (2024), illustrating its steadfast dedication to conservation and sustainability. Additionally, the Confederation of Indian Industry (CII) has acknowledged Hyderabad’s efforts towards fostering a sustainable and livable environment.

As CREDAI prepares to unveil its trio of property shows across Hyderabad, potential buyers and real estate enthusiasts eagerly anticipate the opportunity to engage with the best and the brightest of the city’s real estate offerings. With an unrivaled mix of credibility, sustainability, and innovation, these shows promise to be a pivotal moment for Hyderabad’s real estate sector, shining a spotlight on the myriad opportunities that lie within this dynamic city.

Alex Sterling
Alex Sterlinghttps://www.businessorbital.com/
Alex Sterling is a seasoned journalist with over a decade of experience covering the dynamic world of business and finance. With a keen eye for detail and a passion for uncovering the stories behind the headlines, Alex has become a respected voice in the industry. Before joining our business blog, Alex reported for major financial news outlets, where they developed a reputation for insightful analysis and compelling storytelling. Alex's work is driven by a commitment to provide readers with the information they need to make informed decisions. Whether it's breaking down complex economic trends or highlighting emerging business opportunities, Alex's writing is accessible, informative, and always engaging.

Read more

Latest News