Monday, September 7, 2009

Hyderabad Real Estate Market - September 2009

The real estate market in Hyderabad is showing signs of a mild recovery. 

But, the political environment in Andhra Pradesh has become uncertain with the sad demise of Dr.Y.S.Rajasekhar Reddy, the Chief Minister of Andhra Pradesh in an helicopter crash in Kurnool district. While Mr. Rosiah has been sworn in as the Chief Minister as an interim measure. The Congress High Command in New Delhi is weighing in with two options i.e., continuing with Mr. Rosiah as the Chief Minister for a year or two and handing over the ropes of governing the state to Mr. Y. Jagan Mohan Reddy later. 
One thing is certain that Mr. Y. Jaganmohan Reddy, son of Dr.Y.S.Rajasekhar Reddy will become the Chief Minister of Andhra Pradesh in the days ahead, as he enjoys the support of majority legislators in the congress party in AP.  However, the only question that remains to be answered is when is he going to become the Chief Minister. Is it now or a year later. Let's keep our fingers crossed and hear it out by the end of this week. 

Please find enclosed an update on Hyderabad Real Estate Market - August 2009. 

http://www.vrnetconsulting.com/i/Hyderabad-market-update-August-2009.pdf



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