With Hyderabad in a freeze mode, no new launches are happening. I guess, the builders will wait till August to understand the mood of the market. The builders with standing inventory/ finished stock need to clear the stock. But, the supposedly more intelligent buyer also will wait out till he sees a good bargain down from current levels. So, most likely, the houses available for rent will be drastically down and the rents will start inching up at good pace. People looking for cheaper rents with the freeze mode in real estate would be disappointed.
Lower sales mean Higher rents.
Lower sales mean Higher rents.
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