K Raheja Corp Launched Raheja Vistas Project In Nacharam In Hyderabad
K Raheja Corp, one of India’s biggest real estate developers, announced the launch of the fourth tower of its Raheja Vistas project in Nacharam in Hyderabad East. The tower will have 12 storeys and offer 2 BHK and 3 BHK flats starting at Rs 40 lakh each.
With the first three towers sold out, we are confident of a strong response for the 4th tower too, said the head of real estate development operations of K Raheja Corp. The company said the flats will have “ample natural light” to supplement the natural feel provided by “vast green spaces” in the complex.
With contemporary designs, Vaastu compliance and IGBC registered green homes, the offering is the best this micro-market offers, it claimed. A report by Anarock Property Consultants recently held Hyderabad to be the best performing real estate market among the top cities in India.
Even as markets such as Delhi, Mumbai and Chennai saw sales of real estate properties fall by 20-25% in 2017, Hyderabad had witnessed an increase of 21% in sales, the report noted.
The primary driver of Hyderabad’s real estate market is the local IT industry, as well as demand from US-based NRI buyers.
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