The property market of Hyderabad has developed considerably, prevailing over all other realty markets in India. “There are copious property investment hotspots in Hyderabad that have shown great profits in the past, and are still promising, through resale and assets appreciation to the property holders,” says an expert from Modi Builders.
The real estate hotspots like Hyderabad, Mumbai, Delhi NCR and Bengaluru have witnessed a great influx of capital in the recent years. Cities having well-appointed educational institutions and commercial hubs have garnered more investments from buyers, thereby becoming investment hotspots of the decade.
Mainstream real estate locations like Hayatnagar and Kongarkalan have witnessed an appreciation of 9 per cent in property prices, which make it the highest in Hyderabad up till now. These locations have been consistently topping the list of coveted localities for sale and rent of housing property.
Located close at hand to the upcoming 12 lane 500′ outer ring road’s mega junction, Hayatnagar is amongst the highly developed and booming areas of Hyderabad. The average capital values of this region range from Rs 12,500-16,900 per sq ft.
Hyderabad has seen a lot of re-development ventures, to shape the infrastructure of major housing localities to upscale the living standards of people. The redeveloped properties feature better amenities and, therefore their price bar has been set at a higher end.
Quite a few luxury projects, including villas Hyderabad by Modi Builders, have witnessed a quick sale of properties in the area. For buyers, who are planning to invest in the residential property, good deals available here will vary from Rs 26,80,000 to Rs 44,65,000, with accessible area ranging from 255-351 sq yds.
The Sagar Highway connects Hayatnagar to the emerging IT hub. Impeccable residential developments plus proximity to the IT corridor make Hayatnagar one of the propitious investment regions in the city.
Talking about another Hyderabad’s booming region, Kongarkalan underwent a growth of 10 per cent in the housing sector, during the last quarter of 2017. Moreover, in the July-September quarter in 2016, a 6 per cent property investment appreciation was marked in this area. The property experts say that in these areas, homebuyers will have to set a budget of Rs 35 lakh to Rs 1.5 crore for buying a home, with dimensions varying from 600-1,600 sq ft.
“As per the survey conducted by a leading property listing platform, 64 per cent of the developers said that Hyderabad, Bengaluru and Pune will be the top cities in which real estate sales would grow rapidly. However, 36 per cent developers feel that Mumbai, Delhi NCR, Kolkata and Chennai will be amongst the top cities in sales growth.”
“Speedily developing road infrastructure, well-built apartments by eminent developers, along with nearness to the IT Expressway is keeping the realty market booming in the city of Hyderabad,” assert top builders in Hyderabad.