Hyderabad as Upcoming Market for Real Estate Investment
By Evente Clinic
Investments in land property, residential plot or farmlands are considered profitable options for a long-term perspective in India as well as across the world. Keeping this kind of popular interests of the masses, the Indian government has been proposing various policies like Real Estate Regulatory Act (RERA) and Real Estate Investment Trusts (REITs) to bring in favorable changes in the real estate sector.
The important point for investors to consider is that not all real estate investment is going to give you results. The most important point to consider when investing in real estate is – the location. If you are putting in your hard earned money in emerging cities you can expect some great returns in a short span of time.
One such city in India is Hyderabad. Realty analyst considers Hyderabad as the best city for real estate property investment. Its residential realty sector is broadly considered as low risk and high return avenues, because of its rapid development in education, job prospects, medical facility, ITes, hospitality, and other businesses.
The capital of Telangana is witnessing a real estate boom—when the property is sluggish in the rest of the country. It is the only major city in the country that can give you a good return on investment. Among India’s seven major cities, Hyderabad is the only one where property sales have grown—by 32% from the average of 2013-2014 to 2017, according to research by property consultant ANAROCK.
Namrata Pandey, Managing Director, Evente Clinic, says, ‘Hyderabad is one of the most preferred cities for NRIs to invest at present given the proactive government policy and infrastructural developments such as the Hyderabad Metro Rail, strategic road development and elevated corridors.’
Some of the reasons why Hyderabad is one of the most important cities to invest are –
Political Stability – The major reason is the political stability it gained in 2014 when it was separated from Andhra Pradesh after a long period of instability and uncertainty.
The growing industry – Lot of industries are being set up in Hyderabad, as a result, a lot of people are traveling to the city and settle there. As the population grows, demand for housing will increase. That will invariably push up prices.
“Investments in land property, residential plot or farmlands are considered profitable options for a long-term perspective in India as well as across the world.“
Some of the development work which boosts the real estate industry are –
- Construction of the River Musi Expressway
- Additionally, the government also has identified 52 major junctions in the city to be developed as signal-free junctions
- Several underpasses are also planned from the Jubilee Bus Stand to Shamirpet-Turkapally, Uppal to Ghatkesar, Paradise Junction to Kompally and other locations across Hyderabad
- Some other prominent projects include the 20-acre Smartron Data Centre Campus, Aerospace Park SEZ, Gaming and Animation Park, Pharma City, and the Life Sciences and Medical Devices Park
Some areas to look out for are –
The IT-hub areas of Hyderabad- Gachibowli, and Hi-Tech are the premier areas for the commercial estate.
Nallagandala – From mid-range apartments to high-costing villas, Nallagandala has it all. Another major attraction of this location is the availability of several open plots offered by the Hyderabad Metropolitan Development Authority
Kondapur – There are several big attraction in this area – The Google Office is situated here! Kondapur has grown into a modern business hub in the last two decades. Infrastructure in the region is unquestionable – supermarkets, schools, medical facilities – it’s all easily accessible.
If you have any property requirement in Hyderabad, get in touch wit