Archive · 26 Jul 2026
Hyderabad Real Estate Thriving Despite Claims
The Minister of Revenue and Housing in Hyderabad said that the real estate market is doing well, with a growth of 15-20% and a 40% increase in flat sales.
He dismissed claims that the sector is collapsing, calling them malicious propaganda.
The government is also working on big projects like the Musi River beautification and expanding the Hyderabad Metro.
The Minister urged people not to believe the negative reports and highlighted the government's development plans.
Hyderabad's real estate sector has grown by 15-20% under the current government.
Flat sales have increased by nearly 40%.
The Minister dismissed claims of a sector collapse as malicious propaganda.
Tenders for the Musi River beautification project will be invited soon.
The second phase of the Hyderabad Metro expansion will cost Rs 24,000 crore.
- Who
- Revenue and Housing Minister Ponguleti Srinivasa Reddy
- What
- Dismissal of claims about the collapse of Hyderabad’s real estate sector
- When
- Saturday
- Where
- Hyderabad
- Why
- To counter negative reports and highlight government initiatives
Government's Positive Outlook
Media and Critics' Negative Reports
Sector Growth
Government's Positive Outlook
The government claims the real estate sector has grown by 15-20% with flat sales up by 40%.
Media and Critics' Negative Reports
Some reports suggest the sector is collapsing, describing it as malicious propaganda.
Propaganda Claims
Government's Positive Outlook
The government alleges that negative reports are part of a 'Goebbels-style' propaganda campaign to tarnish its image.
Media and Critics' Negative Reports
Critics and media reports claim the sector is in decline, possibly due to genuine market observations.
- Growth Rate
- 15-20%
- Flat Sales Increase
- 40%
- Musi River Project Cost
- Rs 7,000 crore
- Hyderabad Metro Expansion Cost
- Rs 24,000 crore
- Metro Expansion Phase 2 Length
- 76 kilometres