Real estate in Hyderabad enjoys a vibrant realty market and demonstrates excellent investment prospects due to number of reasons
Good social and physical infrastructure
The city enjoys a robust social and physical infrastructure with the presence of a good number of big hospitals, awe inspiring shopping malls to spend a fun filled day and plethora of restaurants to tickle your taste buds and much more. The city is known for its delicious cuisines and historical monuments that bestows a magnetic charm to the city.
Presence of giant companies
Quite a good number of multinational corporations are shifting their focus to Real estate projects in hyderabad with an intention of setting up their base here. This has translated into several white collar jobs. This has tremendously increased the footfall as these companies are pulling huge number of people from different parts of the country and globe. With this, residential market is definitely set to boom. Demand of residential properties is expected to go high in future.
Property Rates Are Still Affordable
Affordability is the best bet of the real estate market in Hyderabad. Affordable housing scheme in the city has inculcated waves of positivity amongst the buyers. More investors and end users are showcasing their interest to invest in this city.
The city offers a peaceful living unlike some horn blaring metro cities like Delhi, Mumbai. This attracts a great number of end users as well as investors.
Gachibowli, a major IT suburb has witnessed tremendous infrastructure development and has emerged as a lucrative investment destination in the city. The area demonstrates an excellent potential for growth and showcases promising prospects.
There are few reasons for investing in Gachibowli
Gachibowli is located in the north-west part of Hyderabad, that is just 5 Km away from HiTec City, another renowned IT hub. Both the suburbs are likely to see steep growth in future on the back of excellent transportation, social infrastructure & good job prospects. It is well connected by road and railways with nearest railway station being MMTS Railway Station (6 Km). The close proximity to outer ring road provides superb connectivity to other parts of Hyderabad.
Gachibowli is a prominent IT hub that houses some of the big IT companies such as Microsoft, TCS, Polaris, Accenture, Wipro & Infosys etc. Moreover, the location has the presence of international banking institutions such as Bank of America, Union Bank of Switzerland & Franklin Templeton Investments etc. that have added necessary flux to the realty sector of Gachibowli.
The city has thriving social infrastructure with number of renowned schools, hospitals, hotels & shopping malls etc.
Hyderabad Metro Rail
Luxury homes in hyderabad Metro Rail, also called Mana Metro, is currently under construction. After its completion, due in December 2017, Gachibowli will get metro connectivity through Ameerpet Metro station and other stations that are likely to further escalate the connectivity.
The city is conveniently connected to Rajiv Gandhi International Airport through Jawaharlal Nehru Outer Ring Road that has reduced the commuting time from more than 1 hour to less than 25 min. Gachibowli is in close proximity to Old Airport of Hyderabad that now has been used for military aviation training and for flights carrying VIPs.
Gachibowli is home to some of the best stadiums in city including Swarna Telangana State Sports Complex, Gachibowli Indoor Stadium, Hockey Stadium & GMC Balayogi Stadium etc and a golf course with natural rock formations. It has hosted various world championships such as Military World Games & World Badminton Championships etc.