How to Start Your House-Hunting in Hyderabad?

 

With several developments in the last few years, Hyderabad has quickly upgraded to an established city with great potential in real estate expansion. Several working professionals prefer this city over other urban areas owing to the lower cost of living, accessibility to essentials, quality fundamentals and harbouring one of the largest IT hubs in HI TECH city.

Wide demography of IT crowd, students, families and people from various communities are observed in Hyderabad. To cater to the citizens’ interests, Greater Hyderabad Municipal Corporation GHMC has made several provisions under the town planning committee to create an integrated infrastructure for the corporate sector and the residential zone.

This has led to a burgeoning real estate market of Hyderabad allowing a multitude of opportunities for residences. With several options, finding the right space for yourself can get strenuous, which is why we have compiled a few factors to assess before narrowing down to a house:

Locale

Hyderabad is a vast spread of abundant land where every individual needs can be met provided that you chose a suitable location for personalised requisites. While the old city charm is a thriving beauty of the “city of pearls” sustained for decades now, the other divisions of Hyderabad have been developed into highly functioning inner-city areas.

However, with the introduction of the IT sector, the state government of Telangana commissioned HITEC city to promote Information Technology in Hyderabad. Soon an entire township integrating giant corporations of the tech world like Google, Oracle, Amazon, Flipkart, Infosys, Accenture, and many more were formed as the nucleus of the city.

Also known as Cyberabad, this is the most feasible locality for working professionals and people who have migrated from other states. The residential projects around HITEC city are designed in accordance with ease of commute, provisions for quality fundamentals, and a modern lifestyle.

The strategic road connectivity makes it easier to access airports, railways, and other modes of transport for swift travel plans. This HITEC city has also adopted advanced technology and digitization for easier operations throughout these areas.

Similarly, you can evaluate an area based on the factors that provide the best facilities, accessibility, and a feasible lifestyle.

The Cost of Living

Most metropolises in India suffer from over-inflated prices due to increasing demands yet not enough space to accommodate these requirements. Hyderabad has managed to not only provide ample space for people from all socioeconomic and inter-cultural backgrounds but has also sustained the cost of living well within means.

Once you have finalised a location, calculate the economic structure of that place. That includes:

-       Cost of the daily commute

-       Estimated monthly expense on groceries and other essentials

-       Average rent around the area

-       The market price of various functional services.

-       Miscellaneous expenses, recreational expenses etc.

All this entails an average expected standard of living of that area that will help you decide whether it is conducive to your budget.

Quality of Fundamental Services

With such unpredictable times on our heads, it has become more important now than ever to be able to access quality fundamentals around you such as hospitals, emergency medical aid, security services, legal services, and other services for other urgent requirements.

Since HITEC city is a highly developed residential and corporate zone, all the fundamentals around the vicinity guarantee the best services. Also, financial institutions such as banks, investment companies, financial advisors, ATMs are all abundantly available around HITEC city.

International schools, top-tier universities, and educational institutes are established in the vicinity.

All these factors make up for the property value of the place. Which is one of the reasons why real estate developers strive to provide new residential projects in Hyderabad that can complement this lifestyle.

The Real Estate Market

Hyderabad is divided into seven divisions with each including major suburbs that have varied property values. You have to evaluate an area based on its property value to get an estimate of how your real estate investment would flourish in the long term.

For reference, HITEC city has cemented its reputation as a consistently expanding area due to the burgeoning IT sector, which is why it is considered a safe investment for residential projects as well. Numerous residential projects are introduced owing to this upsurge demands.

Among such new residential projects in Hyderabad, Aurobindo Realty has introduced Kohinoor HITEC City that caters well to the working crowd with luxurious apartments at such a prime location.

To summarise:

Divide your checklist into categories such as locality, budget, property value, cost of living and the services provided to make a calculated decision for purchasing a house.

Why Should Hyderabad Be Your Ultimate Choice of Living?

 

While searching for the best cities to live in in India, Hyderabad always seemed to lure as Plan-B. However, with the ever-growing and sustaining IT hub, a large number of companies have sought after this beautiful and efficient city.

What ensued was major brands investing in this promising setup. Most eateries, BBQ places, pubs, restaurants are finding their foot here. Clothing, electronics, pharmaceuticals, and many more wanted to showcase their brand that can complement this lifestyle.

As a young professional, it is essential to choose a location of work based not only on the salary but also on the cost of living. With HITEC city in place, Hyderabad has ensured financial security. With this gradual urbanization, it garnered the reputation of sophistication and a community of esteemed young crowd. In this context, a trustworthy environment of living was associated with this city.

What does this lifestyle look like?

1.      A structured corporate set-up:

With other metro cities getting saturated with IT companies, Hyderabad was gearing for creating a space that was well-structured to maintain a work-life balance for employees.

The infrastructure is optimized to cater to the needs of migrating professionals, with technology and digitization.

 

2.      Better opportunities for career growth:

This city is the best directory for the techies out there. Many giant conglomerates such as Amazon, Facebook, Oracle, Google, IBM, and more have established themselves in this hub. For those who are exploring career options, or want to expand their horizons, this city is a new dream!

 

3.      Accredited Institutes:

As the IT sector grows, demand for manpower is on the rise which has led to many colleges opening for undergraduate and post-graduate courses. A good balance of quality and quantity of students is guaranteed by these universities, securing placements at the top companies.

 

4.      A broad-minded inclusive community:

As a collective of a well-educated crowd, you can expect a tolerant attitude, a modern way of living, and general acceptance of minority communities. Hyderabad has already climbed higher positions of the best developing metropolis.

 

5.      Cost of Living:

For most of us, this is the primary factor that determines our big move. Hyderabad has always been a cost-effective city that has a better return on investment than most cities.

 

HITEC city has become the embodiment of a lifestyle that assures peaceful and feasible work life and a happy family!

With such integration, who wouldn’t want to raise a family with these many amenities and a better lifestyle?

 

Increasing demand for real estate:

With these factors in action, people have finally realized its potential giving rise to demand in Real-estate as well.

Families are found to be more trusting of such a reputed atmosphere to raise children.

With all amenities at a near distance and quality education for kids, real estate is quickly gaining momentum. This is why now is the right time to invest in your dream house.

 

One of the New Residential projects in Hyderabad that stands out lavishly is Kohinoor Hitech city by Aurobindo Realty.

For families and couples looking for a home amidst the hustle and bustle of busy life, Kohinoor is for you who want a peaceful yet luxurious recluse.

 

Make your big move!

Hyderabad is a city rich in culture, art, history, and education. They welcome you with open arms, filled with pearls and heritage. Indeed, the best amalgamation of tech and art!

 

Mr & Mrs Paithankar Found Their Dream Home | Kohinoor by Aurobindo Realty

 Working at a corporate area nearby, Mr & Mrs Paithankar happened to visit the Kohinoor project site to check out the property and they surely left impressed. Having heard the name of Aurobindo Realty in the real estate company in Hyderabad.