Realty rates are appreciating, which is a welcome scenario in Hyderabad. The core city is facing a shortage of supply given the high demand and as a result, the prices are again moving upwards.
As the prices become stabilized in the core areas, the prices in the surrounding areas have restarted going upwards and it us right time to invest in a plot as the prices currently are at the lowest. It is believed that in Hyderabad, on an average the rate of return is around 18 percent per annum. As investors have started picking up, trade reports say that properties in select locations the market is expected to increase soon. The International Airport, the completion of the Outer Ring Road, MMTS, Metro, about 30 radial roads, assured water supply from Krishna and Godavari rivers are all attracting global MNCs/investors to launch their operations in Hyderabad. The city is witnessing second highest occupancy of IT spaces in India in the last one year. Hence, the time is ripe for property buyers because Hyderabad is all set to witness property boom in the midterm. Investing in land as well as apartments is a wise option.
Medchal belt on Nagpur highway has immense potential for storage spaces and logistic parks. There is also scope for high-end educational establishments to come up in that area with the completion of the Outer Ring Road. Possessing a flat in a city like Hyderabad is also a form of wise investment. Areas in close proximity to Hi-tech city and financial district are considered good. If buyers are interested to invest upto 50% of the costs, then investing in commercial space is advisable in long-term with many projects on the anvil. Buying properties at any good location like Kukatpally, Gachibowli, Hi-tech city is a desirable option.
Hyderabad commands some of the best Infrastructure among all the metros and the city is also known for its employment potential in Infra, IT, and Pharma sectors. As an attractive destination from a business perspective, Real estate in Hyderabad will deliver value. The growth potential of Hyderabad has remained intact irrespective of any political situation and with the formation of a stable system in the state of Telangana coupled with its strength in IT, Infra and Pharma and it location in the heart of India and proximity to other metros, Hyderabad is here to stay as the much sought after destination.