Wednesday, 27 April 2022

Why is HITEC city the most influential for residential real estate

 If you want to experience Hyderabad in all its glory, then HITEC city is just the place to be!

Let’s explore why HITEC city dominates on the list among other locales.

Origin of HITEC city

When there was a need for space to accommodate one of the most driving industries to date, Information Technology was particularly an unknown niche. But Hyderabad still managed to assimilate the entire industry into one consolidated space.

What started as foreign investment in real estate to establish their company, quickly multiplied with several other Multinational companies presenting their interest in these wide spaces to establish their foreground in India. With the emergency of IT companies in India, major companies wanted to nurture in a competitive environment. This gave rise to the HITEC city which is now one of the most influential area codes for the career.

The upgraded lifestyle

Hyderabad was known as one of the cities in Andra Pradesh, with not much significance to it. But HITEC city changed the aesthetic altogether by presenting a standard of living that developed due to the burgeoning IT sector.

HITEC city contributed significantly to the overall GDP of Hyderabad city, while also expanding the demography beyond the native population. This gave exposure to the city, subsequently increasing the demand for Hyderabad real estate.

Impact on the real estate market

HITEC city pioneered a movement in the real estate market. The increased standard of living, infrastructural developments, the establishment of quality essential services, connectivity, modes of transport, and overall being a highly efficient city; all these catapulted the much-needed boost to the real estate market of Hyderabad.

Real estate developers in Hyderabad introduced prominent projects in correspondence to the growing demand for a quality lifestyle. They designed extensive complexes and avant-garde designs to present sophistication to the entire city. Thus far, HITEC city has also prompted the introduction of the luxury segment in Hyderabad.

Kohinoor by Aurobindo Realty is one such prominent luxury project that offers lavish 2, 4 & 3 BHK flats for sale in Hyderabad. Moreover, this complex is designed to separate your work and life aspects by presenting a lifestyle amidst a serene, green landscape. You get a plethora of top-class amenities with this 2BHK, 4 BHK, and 3 BHK in Hyderabad, visit their website to know more about this amazing opportunity.

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