Growth Of Residential Properties in Hyderabad

 

During the past number of years, price levels of residential projects in Hyderabad had not moved the needle and so they started driving investors away to many other cities like Mumbai, Bangalore & Chennai. The excellent thing is that real estate prices in Hyderabad have risen by more than 15% in the last two years. In addition, due to a revival in corporate spending, new housing will be boosted.

The Real Estate Sector in Hyderabad

After 2016, the property market in Hyderabad has made a significant return. This is defined by the number of sales pertaining to 3 BHK flats in Hyderabad Hitech City, apartments & villas that have spiked well. In addition, investments in infrastructure such as the Metro Rail and the Outer Ring Road have paved the way for real estate growth. In areas like Hitech Towns, Nanakramguda, and Gachibowli, outstanding growth of IT and non-IT companies continues to exist.

Other Factors That Influence Growth

The development of real estate in Hyderabad is aided by a number of other inherent advantages. For one thing, the weather is pleasant and agreeable to people from all over the world. As a result, Hyderabad is one of India's best places to live in. Another aspect that makes residential projects in Hyderabad investor-friendly is the state government's industrial policy and welcoming climate. The recent trends also show encouraging trends of growth and prosperity. In the last few years, both commercial and residential properties in Hyderabad have increased in value. In reality, Hyderabad has become one of South India's most popular property investment destinations.

Return on Investment in Hyderabad

The return on the investment in Hyderabad housing market is very high, both in terms of valuation and rental value. The number of people interested in premium hi-rise apartments, 3 BHK flats in Hyderabad Hitech City

, and luxury villas in the city has also increased significantly. According to Crisil research, residential property consumption is projected to rise at an annual rate of 8-9 percent. As a result, if you want to make larger amounts, now is the best time. The move by the previous government to create a separate state of Telangana and make Hyderabad a joint capital has aided the revival of Cyber City's real estate sector.