Is Hyderabad real estate booming?

 

According to recent studies, Hyderabad has recorded registration of more than 5000 properties of real estate. These registrations were done in February alone, with a total value of Rs. 2,800 crores. The city has also seen increased registrations in Rs. 25-50 Lakh category compared to the previous years. These statistics clearly indicate that the city of Nizams is undergoing a steady rise in its real estate market. As the global workforce is flocking to Hyderabad, you will find a plethora of apartments for sale in Hyderabad. Have you ever thought about why the real estate market in Hyderabad is booming so fast? The following are a few reasons why more and more home buyers are choosing Hyderabad to invest in real estate. 

  • Developing infrastructure 
    The rapid growth in the city’s infrastructure has made Hyderabad a top choice among house hunters. The Jawaharlal Nehru Outer Ring Road (JNORR) connects the city to Rajiv Gandhi International Airport and nearby cities like Vijayawada, Warangal, Nizamabad, and Adilabad. The Blue Line metro railway has connected the eastern and western parts of the city seamlessly. The ongoing project of the regional Ring Road has a proposal for a four-lane road connecting its neighboring districts. Make a wise investment by parking your funds in apartments for sale in Hyderabad, a city that is growing holistically. 

  • Better price of properties 
    If you are interested in buying flats for sale in Hyderabad, undoubtedly, you will be spoilt with tons of options. Apart from that, the flats and apartments are much cheaper than in other metro cities like Delhi, Mumbai, or Chennai. The rental homes are also available at better prices when compared to these Tier 1 cities. In addition, the combination of lower prices and higher demands makes the city an attractive option for home buyers. 

  • Presence of IT hubs 
    The presence of MNCs and other international companies is why Hyderabad attracts the best brains across borders. It is the hub of big names, including Google, Apple, Microsoft, Deloitte, and Capgemini. The city is also a growing hub for the biotechnology and pharmaceutical industry. With all these governing factors, the demand to buy flats for sale in Hyderabad is soaring. 

  • Better quality of life 
    According to a recent study, Hyderabad is one of the world’s top 50 surveilled cities. This means Hyderabad is a safe city to settle in with family. With private heated pools, green facilities, and open-air theatre, the real estate in Hyderabad offers every luxury amenity one can think about. This is another reason why home seekers opinionate to buy flats for sale in Hyderabad. 

With all these governing factors, it’s no wonder why Hyderabad real estate is booming more than ever. Looking for a reliable partner for your property hunt? Subscribe to 1TREC for more!