Summary:
Hyderabad real estate market was going through a revival in the past couple of years after the formation of Telangana. The latest episode that triggered a fresh wave of panic among investors is the largest land scam in Telangana involving hundreds of acres valued at atleast Rs 15,000 crore. The latest land scam is a major embarrassment with alleged links to key persons in the ruling party. “This would certainly affect the investment flowing into the (Telangana) market in the short term. The latest land scam comes at a time Hyderabad’s real estate market was beginning to look up after several years and for the first time after Telangana state was formed in June 2014..