CREDAI, the Confederation of Real Estate Developers' Associations of India, country's apex body of private real estate developers, foresees a highly positive outlook for real estate in Hyderabad. The sector is poised for a meteoric growth. The government under the leadership of K Chandrasekhar Rao, is actively promoting ''Brand Hyderabad'' so as to transform it into a ''Global Smart City''.

Speaking on the occasion C Shekar Reddy, National President, CREDAI said, ''The new government at the Centre has given a very high priority to the real estate sector by announcing that its mission is to provide pucca housing for all by 2022. The Central Budget, 2014, proposed the development of 100 smart cities.  The FDI norms have been liberalized to meet the growing housing needs in the country. With a development focus in the union budget and steps like relaxation in norms of CRR & SLR by RBI, the housing sector will grow. Bringing affordable housing project finance and home loans upto 50 lakhs in 6 metros including Hyderabad, under priority sector lending (PSL) will give a major boost to the small and medium developers which cater to the affordable housing segment. The guidelines for REITs, the Real Estate Investment Trusts, have been announced by the SEBI.  All these will boost the demand for housing and prices will increase.

Presently the real estate prices in Hyderabad are the lowest, and the CREDAI Hyderabad Property Show is just in time, much before the prices would start going up as a result of higher priority given to the Sector by the government, RBI and SEBI. Even the Telangana government has promised to provide a two-bedroom house to the homeless. It is promoting Hyderabad as an attractive investment destination for housing, industry, IT and other services. It is the best time to purchase a property in Hyderabad as we expect prices to go up steeply in next few months.''