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 like Outer ring roads and Metro rail which are contributing to the connectivity in the city of Hyderabad are also paving the way for the real estate development. The growth of both IT and Non-IT enterprises in Hyderabad continues in the areas like Gachibowli, Nanakramguda and Hitech City.
The weather conditions of Hyderabad are favourable to the people from all parts of the world, thus making it as one the best cities in India to live. Furthermore, because of State Government friendly industrial policies, Hyderabad is one of the most investor-friendly city. The signs are showing positiveness of growth and prosperity in Hyderabad. Apart from commercial realty, the residential growth is also high in the last five years. Hyderabad is always one of the prime destinations in South India for the best realty investment. Furthermore, Hyderabad has witnessed 70 percent real estate growth in the districts of Ranga Reddy.
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 regarding rental value when you own any apartment or Villa and also in appreciation value of the property both in the short and long term. The new districts of Telangana which are in the vicinity of Hyderabad that include Bhuvanagiri of Yadadri and Shamshabad and also Vikarabad are also in the race of the real estate sector development. Furthermore, there has been a considerable growth among the people showing the interest focusing on the Hi-Rise Apartments in Hyderabad and Luxury Villas in Prime Locations of the Hyderabad.
Source: Times of India – http://bit.ly/2DD4VAe
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