Hyderabad is a vibrant city well known for its Rich Cultural Heritage, Historical places and the most happening IT and ITES sector. With a population of more than 8.8 million, Hyderabad is one of the most populated cities in the Country and Real estate in Hyderabad is growing at an aggressive pace. Many foreign companies have invested in Pharmaceutical, Manufacturing and Biotech sectors in Hyderabad because of favorable conditions in the city.
Hyderabad is the best city concerning the quality of living in India. Economic and technological developments also paved the way for the development of real estate industry in hyderabad. The city is growing with a significant number of projects such as IT parks, Hardware parks, Pharmaceutical parks, and Textile parks. The Shamshabad International Airport is located just 22 Kms from the city and is well connected with the Outer Ring Road (ORR). This International Airport has enabled more tourists from many countries visiting Hyderabad due to its rich cultural heritage.
The investments made by many multinational companies in Hyderabad had a positive impact on the growth of all sectors which in turn helped the increase of employment opportunities in the city. This contributed to the growth of property prices of both commercial or residential properties. Many suburbs in the outskirts of the city have now received infrastructure facilities for the upcoming developments.
Let us understand why demand for Real estate in Hyderabad has increased.
- The Outer Ring Road (ORR) project is one of the important factors that have contributed to the growth of Hyderabad Real Estate. It has reduced traffic vows in the City.
- The Hyderabad population is growing at a rate of 3.3 % per year. The need for residential property and the demand for commercial property is increasing. Existing Infrastructure of the city and the ongoing infra developments are important reasons for its prospective development.
- The city of Hyderabad has best professional work force. This workforce is now attracting the latest technology companies to establish their campuses in the City. Amazon and Google are establishing their campuses near Financial District. The cost of living in the City is lower than the cost of living in other developed Metropolitan cities in India.
- Hospitals, Shopping Malls, Educational Institutions, Multiplexes and Entertainment Centers are available in almost all of the Happening Areas in Hyderabad. Also, many Big infrastructure projects are in progress in the city.
- Metro Rail Project and the proposed Mono Rail Project has further paved the way to establish Hyderabad as a truly Global City.
After the bifurcation of the state into Telangana and Andhra Pradesh, Realtors have started to focus well on the new real estate ventures in the city. Moreover, due to the pro active government policies, Real Estate is going to see an unprecedented growth in the coming few years. There is a lot of enthusiasm among the buyers too considering the ongoing developments.
Aditya Construction Company is established in the year 2002, and the company achieved success so far through quality and innovation and which are earned by the trust, hard work and reliability. Aditya Construction provides Premium and Luxury Flats, Aesthetic Villas in the Prime Location of the Hyderabad such as Hitech City, Jubilee Hills, Shaikpet, Hafeezpet to mention a few. Furthermore, Aditya Empress Towers Declared as Best Residential Project in Luxury Segment by CNBC Awaaz 11th Real Estate Awards 2016-2017. To know more information, please visit www.adityacc.com, or you can reach us at +91-40-4569 5555 or you can also email us at enquiry@adityacc.com.
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