Builders of Hyderabad are now increasingly targetting non-resident Indians in the US as most of the NRIs are not keen on purchasing properties there with the recession in American economy. Several NRIs fear they won't get good returns since the slump is likely to continue even in the American real estate sector. Volatility in the stock market and frequent fluctuation in gold prices are prompting them to look at Hyderabad real estate, which is considered to be the safe zone for their long term investment plans.
And the Ap government is also co-operating with them by providing more facilities.
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