The real estate sector in Hyderabad has picked up very well in the last two years reflecting the strong come back after 2016, as the number of sales related to Plots, Flats and Villas have gone up.
Improved infrastructural facilities such as Outer Ring Road and Metro rail are contributing to the connectivity in the city and are also paving the way for upcoming Real Estate Developments. The growth of both IT and Non-IT enterprises in Hyderabad continues in the areas of Gachibowli, Nanakramguda and Hitech City.
The weather conditions of Hyderabad are favorable to the people from all parts of the world, making it one the best cities in India to live. Moreover, because of State Government friendly industrial policies and environment, Hyderabad has become one of the best investor friendly city. Recent Trends are showing positive signs of growth and prosperity in Hyderabad. Apart from commercial realty, the residential growth is also high in the last four years. Hyderabad is always one of the prime destinations in South India for the best realty investment. Also, Greater Hyderabad Area in Ranga Reddy District has witnessed 70 percent real estate growth.
As per the Times article “The total revenue from land registrations and stamp duty from April to December 2017 has reached the magic mark of 3,000 crore. Where as in 2016 it was 2,837 crore.”
The return on investment in Hyderabad real estate is high both in regards to Rental Value and appreciation value. The new districts of Telangana which are in the vicinity of Hyderabad that include Bhuvanagiri of Yadadri, Shamshabad and Vikarabad are also in the race of the real estate sector development. In addition, there has been a considerable growth among the people showing the interest focusing on Hi-Rise Apartments in Hyderabad and Luxury Villas in Prime Locations of Hyderabad.
Source: Times of India – http://bit.ly/2DD4VAe
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