A steady economic growth & a GDP rate of about 6-7% every year India is emerging as the most favored and hot financial market. Real Estate has being the major force behind the strong economy. With these booming economic trends the city of Hyderabad is becoming a favored residential and commercial real estate investment hub. Foreign investments in the residential sector and the government contributions to the real estate sector in the form of industrial parks, airports and SEZ’s that has made Hyderabad property and real estate market the most favorable destination.
The international airport has brought new growth opportunities in Hyderabad. The airport has eased the transport between the various cities across India. The strategic location of the city, availability of manpower and space are among the other reasons, which have resulted in booming real estate activities in the city. Additionally, Hyderabad is also the tech hub of India, which houses many companies from the IT/ITES sector.
The development in the IT sector and the retail sector has also influenced the real state and property in Hyderabad. With the MNC’s setting up their campuses & research hubs in Hyderabad, there are thousands of young aspirants who visit the country and search for residential property across the city. The mall culture is also spreading like wild fire thereby providing a boost to the Hyderabad property & real estate sector. The overall Hyderabad property and real estate market is witnessing a good appreciation in rental and capital values.
Residential real estate is also following the same trends and the values of residential real estate in Hyderabad are also appreciated at an average of 10% – 15 %. The rental values of the flats and apartments in Hyderabad normally vary with the locality and the development of the surrounding infrastructure. The main advantage for this city is the rates of properties in Hyderabad are less as compared to other metropolis in India. This is the crucial aspect, which also attracted more number of foreign and domestic investors and potential buyers.