Hyderabad’s Real estate’s scenario appears to be coming on
its own, especially after grappling for a while with the negative sentiments
associated with the state’s bifurcation. Certain areas in the city have set on
track the real estate growth momentum even while real estate in many other
parts of Hyderabad have more or less remained stagnant . As per the quarterly
report for July – September 2015, Manikonda has seen a whopping 26% year- on- Year price appreciation.
But some locations have under gone exceptional price apperception like
Manikonda , Gachibowli , Jubilee Hills, Nanakramguda and Yapral owing to
their habitability quotient and the
supporting Social infrastructure.
Is the
right time to invest on Property in Hyderabad?
Hyderabad is a growing market. First time home buyers kept
away from investing in new properties due to project delays and uncertainty
over the Telangana region while homes in the resale market remained in demand
among serious buyers. This showed that investors were keen on buying ready
properties, preferably in areas with established infrastructure. However,
investors are also showing interest in investing in premium properties located
at Gachibowli, Manikonda and Hitech City.
The most available properties types in these localities are 2
BHK, 3BHK and 4 BHK Flats or Apartments. The size range for 3 BHK flats is 1845
– 3125 sqft and price between Rs 83 lakh – 3 crore and above.
Why are
Apartments in Demand in Hyderabad?
The real estate market
of Hyderabad is the most prices conscious when compared to Chennai, Bengaluru
and others. However Apartments for sale inHyderabad within Gated Communities are gaining
buyer interest due to the social infra structure and security.
The City has properties for mid and affordable segments that
account for almost 85% of active listings in the market. In Fact Hyderabad is a cheaper and reasonable
market for both investors and buyers. The capital values are also flat and
incentives provided by developers during the festive season have helped to gain
some traction in the market.
Currently it is good time to invest in Hyderabad due to its
affordable housing segments. The property valuations of Hyderabad are good as
compared to other metros. The demand too is high in the Flats and Apartments
categories. Overall the city is an ideal place for investing in the real estate
market.
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