The City of Hyderabad is well known as one of the affordable and preferred property investment markets in India. Due to favorable climatic conditions, preferable social infrastructure, notable cultural heritage and tourist attractions have boosted the real estate sector here.
According to Mercer’s Quality of Living rankings 2018, Hyderabad was ranked as the best city to live in India for the fourth continuous year. It ranks 142 in the list of all countries in the world. In 2009, World Bank Group ranked Hyderabad as the second best Indian city for doing business. The present Industrial and IT policy of Telangana has bolstered the growth of the enterprises here and attracted investments from all parts of the world. As the demand for office space is increasing, Hyderabad continuous to be one of the most affordable residential markets for the buyers across India.
As per the Global Real estate consulting firm CBRE South Asia, Global Corporate companies are focusing on Hyderabad market to expand their businesses by setting up their branches in the city. This is due to the reason that the city has the lowest office rentals when compared to other cities in south India.
The friendly policies of the State Government have helped to create the investor-friendly environment, which promotes ease of doing business. Corporate companies such as Google, Qualcomm and JP Morgan have already acquired large office spaces in Hyderabad. The premier universities and educational institutes in Hyderabad such as Osmania University, Hyderabad Central University, Indian School of Business. Indian Travel and Hospitality management University and JNTU is providing the talented workforce for the corporate sector here.
The following table helps you to know the number of years you need to save for the down payment to buy the residential property.
State | Hyderabad | Ahmedabad | Kolkata | Bengaluru | Pune | Chennai | Delhi NCR | Mumbai |
Number of Years | 3.6 | 3.9 | 5.2 | 5.6 | 6.2 | 6.9 | 7 | 12 Years |
The Highest here is Mumbai while the lowest is the Hyderabad for paying the down payment with the assumption of the savings rate of 25 % of the annual pre-tax income of 8 Lakh and 10 % expected return on savings.
In India, investment in real estate sector is considered as one of the best investments. NRIs from all parts of the world are also showing interest to invest in Hyderabad reason being the excellent return on investments earned through rent and also an overall appreciation of the property both in the short and long term.
Aditya Construction Company is well-known for its Residential Projects in Prime Locations of Hyderabad that includes Grand Villas and Ultra Luxury Apartments. To know more information about completed, present and ongoing projects just visit this link. For any sales queries please feel to call us at 91-40-4569 5555 and you can also email us at enquiry@adityacc.com
Ref :– Economic Times