The capital of Telangana, Hyderabad is witnessing a prosperous property boom for the last few years. Be it the real estate, commercial sector or the overall infrastructure, it is the city that has gained momentum in return of investment rates and feasible property prices.
The reason behind the investment popularity is because Hyderabad is the nerve center of all the upgraded residential infrastructure, affordable housing and upcoming opportunities in the housing and commercial sectors. Besides, Hyderabad is also celebrated for its rich culture, good standard of living and happening, buzzing social life.
There are two reasons why Hyderabad is now acknowledged globally as the center of multiple segment escalation. It is the heightened political stability and the government’s focus on the advancement and expansion of infrastructural growth.
The government has, in fact, marked a high scale in contributing actively to the property market expansion. It has made mindful changes and improvements in the business background and made it conducive enough to attract the big-leagues and blue-chips. Deloitte, Accenture, Wipro, Tech Mahindra, Infosys, Amazon, Apple, etc are just amongst the few pan-India and international colossal companies that have their offices here.
The government has also largely contributed to making investment a seamless procedure for the capitalists. It offers various tax settlements, the appropriate infrastructure for setting up new ventures, offering them with the appropriate land to develop fresh business prospects and providing all the necessary arrangements for fruitful big-business progress.
Most of the educational institutes here follow a global-grade system and provide the finest knowledge, thus producing highly intellectual and skilled individuals. The city is becoming the basis of the IT industry and is the most advancing city when it comes to the IT and ITES companies. Owing to this, Hyderabad has seen an upward graph growth in terms of software development and management. It caters to multinational global companies and in turn, generates a maximum flow of revenue for the Indian government.
Hyderabad serves as the benchmark city for capital attraction and high margin growth. The infrastructural growth rate acts as an asset for improved connectivity and in turn, an acceleration of innovative real estate progress. The expedient road and rail planning, the metro lines and corridors only help in fuelling the property market and the competitive advantage of Hyderabad against other cities.
There has also been a major focus on strengthening road connectivity around Hyderabad. The Outer Ring Road (ORR) project is one of the important factors that have contributed to the growth of Hyderabad’s real estate as it reduces traffic congestion within the city. The introduction of the Metro Rail has further paved the way for increased connectivity across Hyderabad. With the Telangana government committed to the development of infrastructure and connectivity, Hyderabad’s property market is only set to grow. Residents get the assurance of a convenient and comfortable stay in Hyderabad.
The inventory of Hyderabad is young and the availability of lucrative real estate reserves is only improving. This is due to the availability of modern amenities and upgraded quality of construction and infrastructural equipment. Hyderabad is clearly more than just a viable NRI property investment address. Owning a house in Hyderabad is a prestige statement and an assurance of long-term remuneration.
Hyderabad is rich with numerous residential hallmarks and commercial landmarks. Gachibowli, Hitech City, Kukatpally, Madhapur, Kondapur are some of the most preferred residential investment hubs here.