Hyderabad is one of the largest and fastest-growing real estate markets in India, rivaling Mumbai and Bengaluru, and other metropolitan cities.
The property show which was held at hitex a two-day SBI Mega Property Show. As many as 52 companies had converged at the property show.
The SBI’s Hyderabad Circle has achieved a growth of over ₹5,000 crores this year, It is soon to become the largest real estate lender in the country.
“Hyderabad has good projects and it is the best time to invest in homes,”. A vast majority of those who apply for home loans, around 95%, are first-time home buyers.
The HL portfolio All India is around ₹5,50,000 crore and we are likely to touch ₹5,70,000 crore by end of this financial year.
Hyderabad’s real estate market has grown many folds in recent times after the pandemic. This has a positive impact on the new home buyers who avail of loans from various banks with a positive note.