No real estate boom in areas around new Metro Corridor in Hyderabad

  • | Friday | 14th February, 2020

Oishani Mojumder ByExpress News ServiceHYDERABAD: Hyderabad’s newest metro line, Corridor II, that connects a 11-km stretch from Jubilee Bus Station to Mahatma Gandhi Bus Station, has become the talk of the town. Thus, experts opine that while the Green line (Corridor II) may not affect residential property prices, the area may see a slight appreciation in commercial spaces. However, realtors say that introduction of the Metro line, will expand commercial and shopping options for the existing population which may lead to loss of business for traders and developers in the area. The residential population of these areas and the commercial hubs are interdependent on each other. As it is such a traditional area, the residential population does not really step out of these areas for purchases.

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