Boom In Hyderabad Real Estate Market

By Author: sam paasha
Total Articles: 47
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Hyderabad, the capital city of Andhra Pradesh, is emerging as a hotspot real estate destination. According to a survey conducted by Indicus Analytics, it is among the top ten alpha cities in India where one can reside, earn and invest. Because of its close proximity to commercial capital of the country i.e., Mumbai, it can easily access western and Middle East markets. The city has come up with many new shopping malls, multiplexes and skyscrapers, health cares. Besides that, the city is witnessing a major construction boom.

Residential areas like Miyapur, Hi-Tech City, KPHB, Ameerpet, Sr Nagar etc., values because of their prime location, boast of high real estate sales. The residential rentals also peaked but in last six months, due to economic high up, they have went up by 25 percent. In Jubilee Hills, central business district (CBD) of Hyderabad, capital prices of plot range from Rs.80,000 to 2 lakh per sq ft. Retail property in CBD is around Rs.3,500 - Rs.10,000 per sq ft. Multiplexes are the trendy and upcoming way of commercial activities and they are priced Rs.10,000 per sq ft and above. The rental value in this ...
... area is quite high too compared to other commercial localities. It ranges from Rs.30,000 - Rs.60,000 per month.

Real Estate is booming up laying more emphasis on building privatizing ports, integrated townships, big way, technology parks, and education-based townships, medical and healthcare townships, tourism-related townships, logistics park and residential townships. Because of infrastructure development, the overall development of the city has lead into boasting of real estate sales. Also, other factors like metro rail planning in the city has also lead to improved its connectivity thus increasing Hyderabad property sales. Investors are keen to invest in Hyderabad properties. The reason being that the city not only provides quality infrastructure for property investment but also has more than 40 SEZ's, 1100 Software IT Parks and campuses, but also an international airport. In addition to this, subsidy in stamp duty and registration charges of property also contributes to the high rise in the value of Real Estate in Hyderabad.

The upcoming sectors in Hyderabad real estate are retail and IT/ITES as many MNC's have shifted to the city and thus demand for residential and commercial property is increasing. Many builders and developers are coming up with new projects in the city. Common Floor group is planning to come up with all kinds of projects including bungalows, farmhouses and service apartments. Moreover, the prices of property in Hyderabad are reasonable and quiet affordable as compared to others. As soon as Telangana issue gets resolved, investors who have been deferring their purchases would throng the city. The sudden rush for new projects would naturally result in raising up the prices. Also, a new developments would start afresh, thereby, attracting more buyers to invest in.

For more information on residential plots for sale in hyderabad and 1 bhk house for sale in hyderabad visit Commonfloor.com