Naidu comeback: Experts expect 10-15% real estate price correction in Hyderabad, resurgence in Amaravati
Recent political developments and newly elected Andhra Pradesh chief minister Chandrababu Naidu's renewed focus on Amaravati have stirred up the real estate dynamics in Hyderabad, the capital of Telangana. The Telugu Desam Party's mandate in neighbouring Andhra Pradesh, with a sizable majority and a significant ally at the centre, may cause Hyderabad's real estate market to moderate, albeit gradually, with several investors and businesses expected to migrate to Andhra Pradesh, say experts