Know Ideal Location to Invest for Residential Property in Hyderabad – Investment Tips
The property market in most parts of
the country has been slow in recent years due to demonetization and other
reforms by the government. But Hyderabad real estate has remained a hot spot
for real estate investors at all times, regardless of the downtrend in the rest
of the country. The positive outlook for the Telangana government in terms of
elevated IT corridors, aggressive infrastructure development, strategic road
networks, subways, etc., has helped the city keep up with its sustained growth
rate.
The Pearl City of India ranks high on
the livability chart with its world-class services and extensive employment
opportunities. Hyderabad is also one of the fastest IT and ITES centers in the
country, home to major Fortune 500 companies. This, in turn, has fueled real
estate growth in and around the city. The city is one of the most popular
places for property investment in the country and faces high demands among home
buyers and investors to buy a property in Hyderabad.
Current real estate trends in Hyderabad:
Many people are looking for a home
for sale in Narsingi, Kukatpally, Kondapur, and other destinations that have
attracted the most requests from buyers over the past few years. These suburbs
in Hyderabad are home to more than 56.5% of inquiries about house availability.
It was also found that 3BHK apartments are in high demand in Hyderabad,
compared to 2 BHK and 4BHK categories. In addition, there is an excellent
demand for upper-middle level projects in the city. Properties that are in the
price range of Rs. 71-80 lakhs are searched up to 20 times higher than projects
worth 30-40 lakhs.
The best destinations for real estate investments in Hyderabad:
Buying property for investment is one
of the most popular ways to invest in our country. An investment property has
not only increased a person's wealth but also helps to secure their financial
future. Some of the main destinations to search for properties in Hyderabad are
as follows:
1. Rajendra Nagar:
Located in a prime location in
Hyderabad, the demand for residential space has increased significantly in
recent years. This location has many advantages that invite investors to invest
in a variety of properties, including transportation, connectivity, good
infrastructure, and advances in security structures. It is right next to Second
Rad Bird Station and Rajiv Gandhi International Airport. Rajendra Nagar
connects to several business districts in Hyderabad including Banjara Hills, Madhapur,
Kondapur and High Tech City.
2. Nacharam:
Investors looking for a villas in
Hyderabad chooses Nacharam as their destination. It is considered a the high-investment area in the city and is known for its excellent infrastructure,
other services such as renowned schools and hospitals, shopping malls, hotels,
and banks.
3. Kompally:
This place is also known as the
Hyderabad Real Estate Jewel. Despite being on the outskirts of the city, it is
rapidly changing from a suburb to a thriving destination. It is the city's new
center of education, industry, and housing and is fairly well-known among NRI
investors in the country. Although the place is currently in an affordable
investment segment, it is very likely to be a world-class home. Its social and
connectivity infrastructure is also evolving rapidly.
4. Shankarapally:
Also known as the city's green belt,
this place is the perfect place to book a villa in Hyderabad. IT is just 11 km from HITEC City, a
land of world-class educational institutions, healthcare centers, recreation
zones, and resorts. This location is close to Cyberabad and easily accessible
to other parts of Hyderabad, so many NRIs consider it a risk-free location for
housing investment.
Some investment tips for potential investors:
Investing in residential or
commercial properties has become the preferred and favorite investment method
in India. Property should always focus on increasing your wealth and ensuring
your financial future. But this is only possible if people manage their
investments effectively and channelize them in the right way to achieve their
financial goals. It is important to choose the right property at the right
price. It is important to always pay attention to your cash flow. The property
must be selected from an efficient real estate agent. Investors should
thoroughly understand the market and purchase houses, apartments or villas in
Hyderabad.
Investments from trusted parties before
investing, it is best to thoroughly check the age and condition of the
property. Before investing in real estate, one must anticipate his long-term
perspective and manage risk accordingly.
If you are struggling with your dream
home search in Hyderabad, visit Property Adviser portal and end your property
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