Evolution of Real estate in Hyderabad since last 10 years
- 2nd Mar 2019
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Ever wondered if hyderabad was a realty investment hotspot?
Wanting to invest in one of the best south Indian Cities doing well in the real estate market ?
Why is real estate investment the best option in Hyderabad?
Is renting a house a better option in Hyderabad?
Before you start investing your time and money into Hyderabad real estate, let us inform you about the best localities that show the highest returns and about how hyderabad has flourished in the last few years.
To introduce you to Hyderabad let me first tell you..
that it is a very common fact that Hyderabad is a capital to two different states.
It is majorly the capital of a south indian state Telangana and also a de jure capital of Andhra pradesh.
There are some facts about hyderabad that are in the open, yet could surprise you.
Do you want to know how?
Hyderabad is historically known as a pearl and diamond trading centre, and it continues to be known as the ‘City of Pearls’.
A major center for the technology industry.
Its historic sites include Golconda Fort, a former diamond-trading center that was once the Qutb Shahi dynasty capital. Charminar being a mosque of 16th century whose 4 arches support towering minarets, is an old city landmark near the long-standing Laad Bazaar.
Did you know ...
Let's quickly look at the average price change from 2009 to 2019 with the help of the bar graph below.
Now that you know the range let’s look into why should one invest in Hyderabad
Where to invest ?
As per the demand, the best sectors to invest in Hyderabad is buying and renting properties.
Out of those, the two major localities to invest in Hyderabad are Gachibowli and Manikonda.
The major jump in the rental sector has been the result of the setup of the office out of home campus of corporate giants like, Google, Apple, Infosys, etc.
In Fact the home-buyers and those interested in investing in properties are hopeful that things would look up, in a slow but steady manner. The buyers are mostly investing in 2 BHK and 3 BHK apartments in Hyderabad, with 2 BHK leading the suit.
Is Gachibowli really doing the best compared to others ?
Gachibowli location of Hyderabad is one of the fast-growing localities. The locality has become a hot spot for the real estate development. The proximity of Gachibowli to the new international airport; rapidly increasing IT base; and the growing infrastructure has made it one of the most-sought after localities for residential properties, among the best IT professional who want to live close to their workplaces.
Infrastructure - Property rates
Hyderabad real estate was both end user and investment which led with housing segment witnessing positive attraction in the recent past within the city, which is ranked 144 in Quality of Living Index, said Magazine.
Hyderabad is a city still holds a lot of room to grow unlike other cities in South India where capital values for residential real estate had reached top level.
According to Real estate market the prices of properties in the city vary with differences in the kind of infrastructure, connectivity, demand and supply in a given location.
Infrastructure :
Some of the major localities like Ameerpet, Hyderguda,Sri Nagar Colony and Begumpet have a liveability quotient of 9.8 and above on a scale of 10.
This means that ...
social infrastructure : such as schools, colleges, hospitals, shopping complexes, hangouts, provision stores and such other conveniences are close at hand.
Physical infrastructure: such as connecting roads, commute and transport facility is also adequate in these areas which garners such a high livability score.
Between 2011 and 2019, Telangana has spent the highest amount of money in the country, on its economic development and infrastructure.
With 63% of the budget allocation spent on economic development and infrastructure, the state is way above the national average..
Why is Hyderabad real estate one of the best investment ideas ?
● It is Named as Asia’s Best MICE City, it had won (The MICE report Awards 2012)
● It has a Rich history and culture that goes back to 400 years.
● Hyderabad city is known as the Land of palaces,of forts, and museums
● The city holds globally acclaimed cuisines
● It is a unique centre of tradition and technology
● Hyderabad is well known as the knowledge capital of India
● Highly acclaimed institutions like the IIT, ISB, Nalsar and several reputed Universities within.
● It is the Hub of leading International IT giants, pharmaceutical companies, research institutes and laboratories
● Hub for the leading International IT giants, pharmaceutical companies, research institutes and laboratories
● One of India’s leading business hubs
● Hyderabad is known to have one of the world’s leading convention and exhibition centers with a capacity to accommodate 6500 people
● Topping the list for Airports (SKYTRAX world airport awards, Vienna)
● Excellent connectivity,be it international or domestic
● Wide range of Classy Hotels ( world class)
● Highly Experienced P.C.Os
● Comparatively economical project costs
● Excellent transportation
Disclaimer : The views expressed above are for informational purposes only. We do not guarantee the accuracy and completeness of the information and shall not be held responsible for any action taken based on the published information.
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