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Realtors hope for turnaround in fortunes post polls | Visakhapatnam News
Realtors in Vizag city and surrounding districts are hopeful for a revival in demand for housing and office space post-elections. Experts predict a medium-term recovery in the real estate sector after the economy gains momentum. The election results on June 4 will impact the development plans for Vizag and Amaravati as potential capital cities. Challenges such as high home prices and low affordability have contributed to the slowdown in the real estate sector in 2023.
Realtors in Vizag city and surrounding districts are hopeful for a revival in demand for housing and office space post-elections. Experts predict a medium-term recovery in the real estate sector after the economy gains momentum. The election results on June 4 will impact the development plans for Vizag and Amaravati as potential capital cities. Challenges such as high home prices and low affordability have contributed to the slowdown in the real estate sector in 2023.
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