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Thursday, 11 August 2016

Startups Give A Much Needed Boost To Commercial Real Estate Hyderabad

According to a report India is the third largest startup destination across the globe. The start-ups have not only given youngsters a chance to live their dreams but these companies have also come as a huge relief to real estate India. The startup firms are proving a breather for commercial real estate India, as they have helped to clear huge commercial inventories in major cities of real estate India. Hyderabad real estate too has gained from the start-up phenomena. Infact many businesses wish to come to the city and start operations here.  Low cost of rentals is also making real estate Hyderabad a hub of startups as it is very easy to rent an office here.

Also low cost of living means that the talent can be acquired at a lower cost. The rentals as well as capital values of property Hyderabad are very low and people. In the city one can easily rent a good property Hyderabad at highly attractive prices. Startups initially cannot pay high salaries and high rental values and therefore they are choosing Hyderabad real estate as a destination to open their offices.  Setting up an office here can help startups to reduce their operational costs significantly. Even if a startup chooses to buy an office in the city the cost of purchasing a property Hyderabad is highly affordable when compared to other cities in real estate India.

In the last few years real estate Hyderabad has lost on many opportunities on which they could capitalize on. However the city has learnt from its mistakes and they are in no mood to repeat it. The real estate Hyderabad with its open hands is trying to attract startup firms to open offices here. The startup business on the other hand has given a much needed boost to the commercial real estate Hyderabad.

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