As Hyderabad grows congested day by day, the Telangana Government is launching policies aimed at distributing the growth eastward. The policy in question is the Look East Policy (LEAP) headed by MA&UD Minister KT Rama Rao, which has resulted in an observable shift in the Hyderabad real estate market. 

As the area is home to many IT hubs, like Tech Mahindra and TCS, it has emerged as one of the most appealing locations for investors. Additionally, many hospitals, schools and  restaurants have also been established in East Hyderabad. As a result, Residential Projects for Sale in Hyderabad have seen an upward spike in the last year.  

According to one report published by the real estate platform NoBroker, a surge of 91% has been noticed in the number of people searching for a property in the area in 2023 compared to the previous year. The government has decided to carry out the disbursement plan in two phases. The first phase will be conducted over 14,000 acres and the second phase with 5,000 acres, which is projected to produce 3.5 lakh jobs. This will further establish East Hyderabad as the go-to destination for real estate investors. 

Various investors have shown interest in purchasing a property in the area including High Net-worth Individuals (HNIs). Surveys have reported that inquiries by HNIs regarding commercial properties in the area have increased a whopping 80% during FY23 alone. Apart from this, many first-time homeowners are also interested in the area due to the lower cost of living along with exceptional connectivity to the city.  

Due to the high demand of East Hyderabad real estate among a mix of buyers, the real estate market is shifting its gears to meet the demand created in the area. Investors are realising the potential that the area holds in both commercial and residential properties. 

As HNIs move into the area to invest in multi-purpose commercial properties for offices, clinics and showrooms, the demand for Residential Projects for Sale in Hyderabad also increases alongside. 

East Hyderabad consists of the localities of Uppal, Nacharam, Mallapur, Kapra, Cherlapalle, Pocharam, Kuntloor, LB Nagar and Kothapet. Recently, the localities of Uppal, Nagole, LB Nagar, and Pocharam have witnessed the launch of over 50 new projects, making East Hyderabad the new hotspot for real estate. 

Another advantage of East Hyderabad is its high occupancy rates. As the area is growing residentially and commercially, the occupancy rates are skyrocketing. According to another survey, the occupancy rate of the area is commonly placed at 85%, which is excellent in terms of real estate investments. This further goes to show that investors are interested in Hyderabad not just as a commercial destination but also as a residential one for people to work and live with their families. 

In short, if you are looking to make real estate investments, East Hyderabad is the perfect destination. The area is bustling with opportunity in every sphere, including convenient hospitals, markets, schools and more. Still wondering where to look for the best Residential Projects for Sale in Hyderabad? Property Advisor is your answer. Visit us now to find your dream home among tons of handpicked properties in Hyderabad.