Now that that political turmoil over the bifurcation of Andra Pradesh has ended and Telengana has been formed the real estate in Hyderabad, India is showing positive signs of revival. It is expected that in the next few months, the demand for
real estate in Hyderabad, India to increase. It can be anticipated that the demand for Hyderabad properties – both residential as well as commercial will increase. Price appreciation of Hyderabad properties is also on the cards. All these positive trends in real estate in Hyderabad can be attributed to end of political confusion and full-scale infrastructural development happening in the city. Full scale construction on outskirts of the city are a proof of this fact. Places like Outer Ring Road and localities near International Airport are witnessing surge in residential projects. Top-class real estate developers are launching both affordable as well a luxury Hyderabad properties which will cater to home buyers from all the sections of the society.
The real estate in Hyderabad has also got boost by the announcement of Hyderabad-Warangal industrial corridor and development of 158-km long Outer Ring Road. This expressway connects Shamirpet to Pedda Amberpet and offers speed and fast disposal of traffic. The development of Hyderabad Metro is another development that is accelerating the real estate prices of the city.
In West Hyderabad, the hot localities are Manikonda, Gachibowli, Gandipet, Kokapet and Tellapur. These
realestate in Hyderabad properties are being developed for the middle-segment buyers. Hyderabad properties, have for a very long time seen a stagnant phase but now things are impoving. The Chief Minister of Hyderabad has also announced several new infrastructural facilities to boost the realty sector of the city. Several projects in Madinaguda, Miyapur, Madhapur, Hi-tech City are already witnessing an increase in demand of Hyderabad property and apprecaition of realty prices.
No comments:
Post a Comment