A survey run by India’s first proptech unicorn NoBroker, says that around 54 per cent of home buyers desire new, ready-to-move-in houses in Hyderabad.  

Micro-markets are performing worse in 2023 in the interest shown by buyers. 

These include Nizampet, Attapur, Financial District, Meerpet, and Miyapur.  

Plots allow people to build their dream homes according to their choice and preference. In the case of flats, there is no complete freedom in choosing.  

Returns are higher in open plots because of a limited land supply, and flats are prone to deteriorate over time.  

Since Loan-to-Value (LTV) for plots is less than for flats, collating funds for open schemes is difficult.  

If someone seeks rental income, flats will be a better option since payment; revenue will not be generated immediately. 

The survey also displayed the trend in the rental real estate market in Hyderabad, like Gachibowli and Madhapur, where people prefer to reside.