What Are the Top Areas to Invest in Hyderabad? [2019]
Although the real estate market remained slow during these last few years in most parts of the country, investments in Hyderabad have increased as many investors have shown a key interest in a few best places to invest in Hyderabad. Since purchasing properties in Hyderabad has resulted in exceptional profitable returns. This metropolitan city has maintained a sustainable growth pace with optimistic outlooks from the Telangana government regarding the rapid construction of infrastructures such as elevated highways, strategic road networks, and Metro Rail.
Real estate investments in Hyderabad are affordable and fetch good ROIs when compared to other metropolitan cities. In the past few years, properties in Hyderabad has seen phenomenal development and is rapidly growing under the government's comprehensive development plans like excellent infrastructure, connectivity, cost-effectiveness, and large land supply.
Hyderabad residential real estate sector is widely regarded as low risk and high return avenues, considering its accelerated growth in education, job opportunities, medical facilities, IT, hospitality and other businesses. Various residential areas offer very competitively priced for different regions of Hyderabad.
Let’s deep-dive into some of the best places to invest in Hyderabad for profitable returns:
Narsingi
Narsingi lies in the Southwest Zone of Hyderabad city. It is an ideal place to reside since it is in the proximity of IT hubs like Financial District, Gachibowli and Hitech City within a radius of 25 Km. This has made Narsingi one of the most famous residential locations in the city for home buyers, that too especially for IT professionals looking for properties in Hyderabad.
Narsingi is located at one of the major crossroads on the Outer Rings Road (ORR). It has some of the biggest housing projects like Muppas Alankrita, NCC Urban One, EIPL Rivera, and many more from reputed builders and with a lot of upcoming residential development. At present, properties for sale in Narsingi are from Rs. 4,500 - 9,800 /- per S.Ft with a total of 357 apartments an villas.
Mokila
Mokilla is a high-rise development region for its world-class facilities, including colleges, hospitals, shopping malls, banks, and hotels. Nacharam is a prominent district and the best place to invest in Hyderabad. The place, situated at speedy urbanization at a distance of 60 Km from Hyderabad, is a top destination for real estate investors because of the wide range of affordable options available in this region.
Mokila area has close proximity to Wipro Gopanpally, Gachibowli Financial District, and Hitech City workplaces. It has good access to Lingampally MMTS Station at 18 km, which allows residents to enjoy easy access to all parts of the city. In addition, the supply of new construction is another reason for Mokila to become one of the best places to invest in Hyderabad. Well-renowned EIPL developers have launched a villa project like EIPL La Paloma with ultra-modern amenities accompanying the awe-inspiring surroundings of Mokila.
Tellapur
In Hyderabad, Tellapur is considered among the best places to buy properties in Hyderabad. Owning an investment property in this housing market continues to be a profitable and wise decision. Due to its beautiful scenery, improving quality of life and ambient weather, Tellapur is seeing a dramatic change in constructional activities.
In addition, the area is slowly becoming a commercial hub as many IT firms like Infosys, Wipro and Microsoft have their offices near to Tellapur. The properties for sale in Tellapur include Muppas Indraprastha, Bonsai Arbour, Aliens Space Station, and Aakriti Honey Dew. Tellapur is close to ORR and Wipro, Microsoft and Polaris offices located are near Tellapur. GHMC Urban Forestry Nursery (a center for the reforestation program carried out by the Greater Hyderabad Municipal Corporation) is located in this area.
Adibatla
For its excellent return on investments, Adibatla real estate was always considered a solid investing option. Adibatla, a subdivision of Hyderabad's Ranga Reddy district is growing rapidly and is considered to be the next IT-Hub in Hyderabad. Adibatla plots have recently acquired considerable traction for their infrastructural development, which has encouraged many developers to develop more residential projects.
In addition, many experts claim the Adibatla housing market is the best place for investors due to its affordability. One of the main reasons for this is that everybody looks at the Adibatla property, which is now Hyderabad's upcoming IT, Aerospace and Defence. From now on, the Adibatla campus Tata Aerospace SEZ and TCS are located and operations begin. The property of Adibatla is also part of the project IT Investment Region (ITIR).
Pocharam
Pocharam is located at North-East zone of Hyderabad. It comes under the Mandal of Ghatkesar. Both commercial and residential projects are available in this area. The second campus of Infosys, which has spanned Pocharam, has been established in the town on a 447-acre land.
The demand for real estate in Pocharam has increased with good connectivity to major places. Just at less than 19 km from Pocharam, International Rajiv Gandhi Airport and Begumpet Airport, Secunderabad Railway Station are located. Residential Projects in Pocharam include Envirise - East Block, MAR Residency, Emerald Heights Block - C, and Envirise - West Block at price per S.ft from Rs 2,899 - 4,500 /-.
Uppal
Uppal is one of the fastest-growing suburbs in Hyderabad. Due to the social and economic infrastructure in the region, the real estate sector is making rapid progress. Apart from being close to the Rajiv Gandhi International Airport, about 32 kilometers away. The area has good facilities for transfers to other locations in Hyderabad, Uppal has a Metro rail station which is likely to provide the last-mile connectivity for residents.
The route to Uppal-Ramanthapur leads to the twin cities and the railroad station to Kachiguda is 10 km away. At a price of Rs 4,200 - 5,375 per sqft, residential properties are available for sale in Uppal. Home seekers who plan to live in the neighborhood can expect a high-quality lifestyle with nearby schools, hospitals, shopping centers, shops, etc. Dozens of ready-to-move properties are in the city, mostly fully-gated projects by reputed builders.
Ghatkesar
Ghatkesar lies on Hyderabad-Warangal Highway road in the eastern part of the town of Hyderabad. In recent years, it attracted most real estate investors as it lies on the way to the temple in Yadgirigutta. The government of Telangana has also allocated a huge amount of money to help Yadgirigutta develop, which will certainly help to develop Ghatkesar in its vicinity.
With many premium residential Guitar Gardens, Temple Town - 5, Palm Meadows II, Dwaraka Enclave, Pinewood Homes most premium land development venture, Ghatkesar has all residential and commercial real estate projects running in and around its area. It is inexpensive and fitted with all modern amenities to boost living conditions.
Conclusion
The above areas have seen as attractive property markets in growth at a quick pace with excellent connectivity to all parts of Hyderabad In future years, these areas are expected to have impeccable infrastructural developments with an avalanche of inflow of residential and commercial growth. These are some of the major investment destinations to take into account if you want to buy properties in Hyderabad and benefit from the highly rewarding real estate markets.
Do you want to stay updated with all the latest real estate news? Visit us at PropertyAdviser.in to get all trending real estate updates and find all properties for sale in Hyderabad with accurate, reliable information to find your ideal home.
By Govi
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