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What Does The City Of Hyderabad Have To Offer?
The real estate scene in South India is showing a progressive shift. The scene in Hyderabad too is quite positive. In fact the construction and infrastructure industry is showing an upward trend with more and more builders and developers coming up with a plethora of residential and commercial projects.This is the outcome of rapid urbanisation as well as the migration of people from all across the country and overseas seeking better career prospects in the most sought after IT Hub, educational institutions and pharmaceutical industry coming up around the city. One of the factors that act in favour of Hyderabad, apart from its central location and easy accessibility and connectivity, is the availability of land for development and relatively lesser density of population.
When did the transformation take place?
Twenty years ago, there were only two parts of Hyderabad- The city on the southern banks of the river Musi was the old city and the northern banks was the new city. Today, the satellite towns of Shamshabad, Kadthal and Maheshwaram in the south; Hayatnagar in the east; Patancheru in the west; and Medchal in the ...
... north have come under the umbrella of Greater Hyderabad and transformed Hyderabad into a neo metropolis, a far cry from the once sleepy and lethargic city of Nizams.
The late 90s witnessed a metamorphosis in the history as well as the geography of Hyderabad. The city celebrated its four hundred years of existence and finally woke up from its slumber. The city decided to give itself a facelift and present a contemporary look. The City of Hyderabad was found to be most preferred destination for business and corporate houses, IT and ITES companies, ISB, BITS and so on found an influx of population, which in turn created a need for more residential projects as well as commercial establishments.
Many young and enterprising individuals found this to be a favourable situation and a god-sent opportunity to make their mark in construction industry. One such group was Pranava Group. The group grew from strength to strength and in a short span of time has carved a niche for itself in this dynamic field.
How does one go about selecting the project?
The three most important factors that weigh in the minds of the investors in any project are:
The location
The facilities
The budget
When the city is expanding, commuting becomes a major impediment. The traffic jams, peak hour rush and therefore lack of quality time that one gets to spend with the family members. Having a residence in the proximity of your workplace ensures less time in traffic, the advantage of quality time with family, less stress at work and so on.
It only helps if the residential project is a gated community, as it assures us of the safety and security of community living. Facilities like a park and walking track offers the desired lung space. A club, swimming pool, gym and other such facilities cater to the leisure time activities of the residents. The icing on the cake is provided by the security provided round the clock using the latest technology like CCTV cameras.
All this, when offered for an affordable price makes the project irresistibly desirable like all the Pranava projects.
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