Investors who are looking to buy a home in Hyderabad can now proceed with confidence. The market has been going steady over the last six months. Residential values, especially for high rise apartments has seen good appreciation, with 7% increase in the April-June quarter.
“There can’t be a better time to buy a property in Hyderabad. While the prices are low currently, they can increase anytime. So, investors should enter the market right away,” says real estate experts.
The USB for real estate growth in Hyderabad rests with the services sector. The city has attracted many IT giants, manufacturing companies, automobile industries, hospitality industries and various other domains with fast expanding urban infrastructure growth. The international airport, satellite townships, metro rail connectivity, outer ring road, all this has added value and fostered the growth of the city.
Even with the political upheavals in the state, Hyderabad continues to attract buyers who are looking for affordable properties. Today, apartment prices in the city range between Rs 2,500 to 3,000 per sq ft, which is twice as less as that of the prices in other metropolitan cities.
Investing in Hyderabad will get good returns for everyone concerned as the city has a strong infrastructure and IT presence to boost the market value. Miyapur, Gachibowli, Lingampally, Kukatpally, Gopanpally, Shamshabad, Chandanagar, Madinaguda, Attapur are some of the best investment options in Hyderabad.