Highlighting growing discontent among Hyderabad’s residents who have been opposing the State administration’s policies and actions, BRS working president KT Rama Rao on Wednesday expressed his dismay over the significant decline in Hyderabad’s real estate market.
Taking to social media platform X, he attributed the 42% crash in the housing market to the policies and actions of Chief Minister A Revanth Reddy’s administration. He pointed out a dramatic 42% drop in Hyderabad’s housing market in just the third quarter of the year. He described the situation as a transition from a booming metropolis to a city in crisis.