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99acres India’s No.1 Property Portal INSITE REPORT Hyderabad January - March 2018 www.99acres.com 99acres 99acres 2 INSITE : HYDERABAD India’s No.1 Property Portal India’s No.1 Property Portal INSITE : HYDERABAD 3 Methodology FOREW0RD The Insite Report by 99acres.com captures the quarterly capital trends and the annual rental analysis of residential apartments in key The first quarter of 2018 countersigned a revival in market real estate markets – Delhi sentiment and enquiries, amid a modest impact on overall sales NCR, Mumbai Metropolitan volume across metros. Supply in the ready residential segment Region (MMR), Bangalore, outstripped demand, particularly in case of luxury and ultra- Pune, Chennai, Hyderabad, luxury units. The under-construction market, too, narrated a Kolkata and Ahmedabad. In similar tale putting a downward pressure on average weighted order to assess the prevailing capital ‘asks’. With new launches down by around 40 percent, sentiment, the report delves YoY, any improvement in property prices is now dependent on the deep into demand and absorption of excess housing stock, which ranges between 15 and supply of properties across 48 months for different metros. Additionally, the increasing cost varied budget segments and of compliance resulting from stringent rules and adherences may occupancy stages. While push the real estate prices up, especially for new launches. Resale demand is a function of segment, however, may not witness any substantial change in ‘ask’ queries received, supply is rates due to the inherent competition characteristic to the segment. based on property listings posted on 99acres.com in On a micro-level, Hyderabad, Pune and Bangalore exhibited Jan-Mar 2018. resilience and showed signs of revival more prominently than other metros. Low inventory levels and fast-paced commercial expansion serve as demand and sales catalysts for these markets. Mumbai and Delhi NCR maintained status quo w.r.t. prices and sales velocity despite multiple infrastructural overhauls ranging Impact of Union Budget Demand-Supply Analysis from metro rail project to new airports and redevelopment drives. Contents 06 10 Any noteworthy improvement in the realty ambience of these Impact of Union Budget 2018-19 on the Demand-supply trends of residential cities now relies on an effective RERA implementation. Plausibly, Indian real estate market apartments in Jan-Mar 2018 RERA-compliant projects might command a premium over others because of the additional costs borne by the developers in the process. Marketers could employ buyers’ trust while Foreword 03 Market Movers 07 Annexures 11 deciding the price and sales strategy for RERA-approved projects. 99acres’ perspective on current market News that impacted Hyderabad’s sentiment realty market in Jan-Mar 2018 The raft of reforms and legislations passed in the last two years – Demonetisation, RERA and GST – have now started coxswaining the market into a consolidation mode. This could mean fewer National Outlook 04 Hyderabad at a Glance 08 new project launches across budget segments. The increasing preference for affordable homes, however, would drive realty Snapshot of real estate ambience across Capital price movement in key dynamics in the long haul. Apart from a healthy end-user demand, top 8 metro cities micro-markets of Hyderabad the Government’s thrust through incentives such as granting infrastructure status in Union Budget 2017-18 and the setting up of Market Indicators Hyderabad an affordable housing fund in this year’s Budget announcement will 05 09 ensure a rising appetite and supply for such projects across country. Changes in capital rates and inventory Key highlights - Hyderabad’s capital and status QoQ; and rental values YoY rental market in Jan-Mar 2018 99acres 99acres 4 INSITE : HYDERABAD India’s No.1 Property Portal India’s No.1 Property Portal INSITE : HYDERABAD 5 National Outlook Market Indicators HOME BUYING SENTIMENT Capital Values Rental Values Supply With the industry getting accustomed to RERA and GST, market was seen regaining normalcy in the first quarter of 2018. Enquiries from fence-sitters resurfaced across metros with a reinstated interest in the under-construction category. Growing transparency and improved processes are expected to fuel BANGALORE this trend in the future. DELHI NCR PROPERTY PRICES MUMBAI Despite burgeoning enquires, piling inventory restricted price appreciation, particularly in Delhi NCR. Infrastructural overhauls, a few new launches and incremental ‘asks’ in the resale market, fuelled price growth in some micro- markets of Mumbai, Pune and Bangalore. Affordable pockets will monopolise CHENNAI end-user demand, keeping capital growth in check in the forthcoming quarters. PUNE HYDERABAD RENTAL LANDSCAPE The obtuseness in the buying market has unabatedly benefitted the rental landscape over multiple quarters. Lease values burgeoned across metros, YoY. Affordable pockets and areas in proximity to transport corridors ruled the KOLKATA roost with maximum traction, pushing rental ‘asks’ further. Speculations of an improvement in the rental values in the ensuing quarters are rife. AHMEDABAD * Capital values represent quarterly change * Rental values represent yearly change * Supply is basis properties listed on 99acres.com SUPPLY Stringent laws under RERA circumscribed new supply; however, progress on project registrations spiked under-construction inventory across cities. The resale market swarmed with properties across budget segments. RERA-approved supply in the affordable segment remained low this quarter. New launches are anticipated to resurface with increased compliance in the months to come. 99acres 99acres 6 INSITE : HYDERABAD India’s No.1 Property Portal India’s No.1 Property Portal INSITE : HYDERABAD 7 IN F CUS Market Movers Telangana gets a fund boost for road repair project BUDGET 2018-19 The government earmarked Rs 750 crore for undertaking road repairs in several parts of the city including Greater Hyderabad Municipal Corporation (GHMC) area. The real estate sector expected Union Budget 2018-19 to address concerns pertaining to concessional GST The city can expect an infrastructure facelift in the quarters to come. for housing sector, regularisation of stamp duty charges, and changes in income tax slabs. While these were left unanswered, a slew of announcements pertaining to ‘Housing for All’ counterbalanced the lack of attention to real estate expectations. State relaxes TDR policy norms State government has relaxed Transfer of Development Rights (TDR) norms for INFRASTRUCTURE UPGRADES owners reluctant to part with their property for various infrastructure projects. As per the new rules, the government will issue a TDR certificate to the property owners, Focus on infrastructure development is anticipated to create new real estate pockets and boost housing demand with allowing them to construct additional built-up area anywhere in the city. Funding worth Rs 5.97 lakh crore to infrastructure upgradation A capex of Rs 5.35 lakh crore to Bharatmala project Phase I for strengthening road network National highway budgetary allocation of Rs 71,000 crore An infrastructure overhaul worth Rs 10k cr on the cards The city awaits an infrastructure makeover of Rs 10,000 crore, which along with several industry-friendly policies in the direction of ‘ease of doing business’ will AFFORDABLE HOUSING FUND enable Hyderabad to remain an attractive investment destination. Increased focus on the affordable segment is evident from the establishment of a dedicated affordable housing fund worth Rs 60,000 crore under the National Housing Bank (NHB) A target of 37 lakh homes in urban areas and 51 lakh homes in rural India in 2018-19 State lays foundation stone for major radial roads Access to cheaper and alternative funds to boost low-income housing The 12-km long radial road connecting Nallagandla to Kolluru is being constructed in Reduction of GST to an effective eight percent from earlier 12 percent on homes purchased and constructed under Credit linked subsidy scheme (CLSS) tandem with the Outer Ring Road (ORR). It will ease connectivity and boost emergence of new financial zones. Additionally, plans of extending the existing 1-km growth corridor around ORR to 2-km are also being considered to propel development. DISINVESTMENT Tellapur integrated township to boost real estate demand A disinvestment target of Rs 80,000 crore for FY 2018-19 will open new pockets for private developers This will offer aid to private developers for buying landlocked parcels Telangana is set to have its first integrated township at Tellapur. Planned over 100 The move is expected to address the housing shortfall that India currently faces acres of land, the project has been approved to be developed jointly by Tellapur Techno-City Limited (TTPL) and Hyderabad Metropolitan Development Authority (HMDA) and is anticipated to spur real estate demand in the future. 99acres 99acres 8 INSITE : HYDERABAD India’s No.1 Property Portal India’s No.1 Property Portal INSITE : HYDERABAD 9 HYDERABAD Hyderabad at a Glance Hyderabad ended the first quarter of 2018 with nosediving sales and no change in average capital values. While homebuyers remained wary of parking their funds in real estate, spur in investor activity kept the market upbeat. New launches remained limited due to uncertainties over the formation of a regulatory body under RERA. Absence of a permanent regulator also dampened buyer sentiment, who turned to the rental segment as an alternative. Price movement
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  • COVID-19 Dated: 09/08/2020

    COVID-19 Dated: 09/08/2020

    GOVERNMENTOF TELANGANA OFFICE OF THE DIRECTOR OF PUBLIC HEALTH AND FAMILY WELFARE MEDIA BULLETIN- COVID-19 Dated: 09/08/2020 As of:08/08/2020 (8PM) STATUS OF COVID-19 CASES S. NO DETAILS NUMBER 1. NO. OF POSITIVE CASES TODAY (CUMULATIVE) 1982 (79,495) 2. NO. OF RECOVERED CASES TODAY (CUMULATIVE) 1,669 (55,999) 3. NO. OF DEATHS TODAY (CUMULATIVE) 12 (627) 4. CASE FATALITY RATE (INDIA) 0.78% (2.03%) 5. RECOVERY RATE (INDIA) 70.44 (68.32%) 6. TOTAL NUMBER OF ACTIVE CASES 22,869 7. NO. OF INDIVIDUALS IN HOME/INSTITUTIONAL ISOLATION 16,112 8. NUMBER OF ASYMPTOMATIC CASES (OF THOSE UNDER HOME ISOLATION) ~ 84% STATUS OF TESTS S. NO DETAILS NUMBER 1 NO. OF SAMPLES TESTED TODAY (CUMULATIVE) AGAINST DAILY TESTING 22,925 TARGET FOR TELANGANA AS PER W.H.O. BENCHMARK @ 140 PER MILLION (6,13,231) PER DAY, I.E., 5,600 TESTS PER DAY 2 SAMPLES TESTED PER MILLION POPULALATION 16,517.3 3 NO. OF REPORTS AWAITED 1,509 1 AGE AND GENDER WISE COVID POSITIVE DETAILS S.NO. AGE GROUP AGE WISE POSITIVE CASES (%) TOTAL MALE FEMALE 1 UPTO 10 YEARS 3.4 1.9 1.5 2 11 - 20 YEARS 5.3 2.8 2.4 3 21 - 30 YEARS 22.1 14.1 7.9 4 31 - 40 YEARS 25.0 17.7 7.3 5 41 - 50 YEARS 18.6 12.5 6.2 6 51 - 60 YEARS 14.7 9.5 5.2 7 61 - 70 YEARS 7.7 5.0 2.7 8 71 - 80 YEARS 2.6 1.7 0.9 9 81 & ABOVE 0.6 0.4 0.2 TOTAL 100% 65.6% 34.4% COMORBIDITIES STATUS AMONG DEATHS PERCENTAGE OF DEATHS DUE TO COVID-19 46.13 % PERCENTAGE OF DEATHS DUE TO COMORBIDITIES 53.87 % DETAILS OF INFRASTRUCTURE/BED OCCUPANCY UNDER GOVERNMENT S.