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Hyderabad Goes Euphoric On Malls

The cyber city of Hyderabad is set to break all records by adding 15 shopping malls on its ground within this year. Though it may appear a mad rush in the first thought, industry players actually find Hyderabad markets buoyant enough to accommodate all such properties.

According to Arvind Singhal of Technopark, a real estate consultancy, real estate developers just need to plan their malls well and manage a right mix of tenants. Some of the malls in Hyderabad have failed due to their erroneous planning, and now they are offering retail spaces as offices to corporate, sources informed.

Gurgaon Real Estate Bites Reality

There was a time when premium residential properties in Gurgaon were clocking appreciation of as much as 50 to 200 per cent in a period of 6-24 months but two years down the line things have changed a lot. Future of more than 50 per cent of the newly launched luxury apartment projects in Gurgaon is lurking in the middle, brokers inform.