- 5 March 2018
The best part about investing in real estate in India is the strong growth potential of emerging and fast-growing cities. However, returns on real estate vary with every state, locality, and even zones, in which a property is located. The financial returns on a property depend on multiple factors, including government policy, infrastructural developments and plans, urban migration, etc.
Hyderabad is growing rapidly, with a strong reputation as a global IT services and support hub. With rapidly growing infrastructure and other developments beneficial to both working professionals and families, Hyderabad is experiencing significant inward migration of professionals from both India and abroad.
When’s the right time to invest in Hyderabad?
Well to answer that in one word – NOW. This thriving city has witnessed an IT boom and has acquired a global reputation. This leads to a substantial increase in the finances of the city and a favourable exchange of foreign currency. A second air terminal is built to manage the high influx of international traffic.
To add to this, the government has taken significant steps to fund textile parks, IT parks, metro rail, flyovers, etc.
When it comes to real estate the implementation of RERA by the Telangana state is striving to bring in transparency, security and, sow a sense of safety to its citizens.
A pool of choices:
Buying flats in Hyderabad is lucrative as the city offers multiple choices and ease of purchase. The city also offers residents a sense of luxury and modernity. Ranging from villas to standalone bungalows, and affordable housing to apartments, there are a plethora of options to pick from.
Hyderabad also houses schools, IT hubs, colleges, and other utility infrastructure in close proximity to the residential area
Premium and luxury properties have sprung up in many parts of Hyderabad. Every area witnesses new launches on a regular basis. With significant progress in business growth and infrastructure development, investing in properties in Hyderabad looks both lucrative and prudent.