subject: Exult Your Family With Rapid Growing Scenario In Property In Hyderabad [print this page] Hyderabad, the capital of Andhra Pradesh is considered to be the centre of the rebel technological progress. The city is being considered to be the perfect amalgamation of the hi tech engineering, advancement as well as the tradition that results to make this city one of the perfect destination for launching both the residential as well as the commercial projects. Hence the real estate in this city is thus gaining a huge propulsion. The reason why the values of the commercial property in Hyderabad are increasing is a matter of fact that number of the corporate companies are seen to invest heavily in this sectors.
Due to the huge influx of the IT zones, the Hyderabad city is thus seen to be rapidly growing and as a result it has become one of the favorite destination in terms of the real estate development. Hyderabad is thus considered to be the fourth most crowded cosmopolitan region and the fifth most colonized city in the country. When you compare the city Hyderabad with other South Indian cities, you can find out that it provides the impressive infrastructure. The land availability is at a very reasonable price and the price range for the villas and the city centric apartments are seen to be highly competing with each other. You find malls, multiplexes as well as other entertainment centres to be successfully developed, and hence has resulted the retail activity over here to be on high rise.
With the home loans getting cheaper, the real estate in Hyderabad are thus taking a strong curve. And as a result has resulted the market of the real estate to undergo a major alteration. With number of the added facilities and necessary amenities, the property in Hyderabad are more cheaper in comparison with the other metropolitan cities. As a result it has become the major contributor to the Indias GDP with the growing rate of 10%.
Certain recorded data suggests that the villa units which are being located very close to the city experience the price range of Rs 1.75 to 2.5 crore. If you are looking to buy property in Hyderabad, then it is quite suggested to own in the Tellapur location which is being located between NH9 (Bombay Highway) and Outer Ring Road as you can find more than 10-15 developers who are successfully offering multi-storey apartments in this area. Another location i.e Miyapur is experiencing real estate growth with the successful launch of number of residential projects. In the past two years approx 12 projects were successfully delivered, while in the coming 3 years, near about 30 projects which are seen to be in pipeline are expected to be delivered. Aparna Constructions & Estates Pvt Ltd, Divya Shree Shakti Group, Rishi Sai Ram Projects Pvt Ltd etc are known to strengthen the arms of the real estate in Hyderabad with the successful launch of their properties in this areas. Their properties offers the choice of 2 and 3 BHK units which are being blessed with modern class of amenities like tennis ground, club, childrens park, swimming pool, well developed gym etc.
Kompally location in Hyderabad are thereby gaining popularity as number of eminent developers like Southeast Constructions, Modi Developers, samskruthi Foundations, S R.V Nirmaan Private Limited etc have provided affordable as well as premium residential properties in Hyderabad. All these properties are having the capital value which ranges from Rs 2000 to 2500 per sq ft. Coming to the areas which lies 25 km beyond Gachibowli, where the price range for the properties varies from Rs 80 lakh to Rs 1 crore per acre and hence the land price for the property in Hyderabad are highly competing.
by: Randhir Pandey
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