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The property market of Hyderabad has developed considerably, prevailing over all other realty markets in India. “There are numerous investment hotspots in Hyderabad that promise great profits through resale and assets appreciation to the property holders,” says an expert from Modi Builders.
The real estate hotspots like Hyderabad, Mumbai, Delhi NCR and Bengaluru have witnessed a great influx of capital in the recent years. Cities having well-appointed educational and commercial hubs have attracted more investments from buyers, thereby becoming investment hotspots of the decade. In-demand real estate locations like Hayatnagar and Kongarkalan have witnessed a rise of 8 per cent in property prices, highest in Hyderabad till date. These locations also top the list of coveted localities for sale and rent of housing property.
Just a few minutes’ drive from the projected 12 lane 500′ outer ring road’s mega junction, Hayatnagar is amongst the highly developed and booming areas of Hyderabad. The average capital values of this region range from Rs 12,500-16,900 per sq ft. The area has been subjected to the re-development drive happening in the major localities of Hyderabad. The remodeled inventory has better amenities and hence is priced on a higher end.
Quite a few luxury projects, including villas Hyderabad by Modi Builders, have witnessed a quick sale of properties in the area. For buyers, who are planning to invest in the residential property, good deals available here will vary from Rs 26,80,000 to Rs 44,65,000, with accessible area ranging from 255-351 sq yds. The Sagar Highway connects Hayatnagar to the emerging IT hub. Impeccable residential developments plus proximity to the IT corridor make Hayatnagar one of the propitious investment regions in the city.
Talking about another Hyderabad’s booming region, Kongarkalan underwent a growth of 10 per cent in the housing sector, during the last quarter of 2017. Moreover, in the July-September quarter in 2016, a 6 per cent property investment appreciation was marked in this area. The property experts say that in these areas, homebuyers will have to set a budget of Rs 35 lakh to Rs 1.5 crore for buying a home, with dimensions varying from 600-1,600 sq ft.
“As per the survey conducted by a leading property listing platform, 64 per cent of the developers said that Hyderabad, Bengaluru and Pune will be the top cities in which real estate sales would grow rapidly. However, 36 per cent developers feel that Mumbai, Delhi NCR, Kolkata and Chennai will be amongst the top cities in sales growth.”
“Speedily developing road infrastructure, well-built apartments by eminent developers, along with nearness to the IT Expressway is keeping the realty market booming in the city of Hyderabad,” assert top builders in Hyderabad.
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