Hyd receives over Rs 10k cr investments in real estate sector
Hyderabad has attracted approximately Rs 10,100 crore worth of investments in real estate sector since the beginning of 2015 till the first half of 2019 as against Rs 1,800 crore from 2008 to 2014, a latest JLL study said.
The study released on Wednesday said, focus on infrastructure, strong economic growth, development of world-class office and residential assets and progressive state-level reforms introduced in recent years have positively impacted the investors' and occupiers' preference for the city.
According to the research, the office segment attracted nearly 70 per cent of investments.
"The formation of Telangana state has added to the growth potential of the city. There is a growing preference among global as well as domestic occupier companies toward quality assets.
Expansion led by co-working operators, BFSI and select IT/ITeS companies have resulted in the strong surge in Hyderabad. Our outlook on the city remains positive," CEO and Country Head of JLL ...