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By Prestige Group
By Prestige Group
By Prestige Group
Hyderabad is now one of the top cities aiming to reach new growth in the real estate sector & especially in the residential market of India.
Presence of the well-known IT, Bio-Pharmaceutical companies, Special Economic Zones & automobile companies makes it a priority among working professionals across the country.
Rising startups & availability of multinational companies attract working individuals from various sectors. And the reasonable rents across the localities of Hyderabad prove to be supportive for both businesses & job searchers.
Currently, it is famous for property buying among investors & homebuyers due to the availability of residential flats & plots ranging from mid, high-end, luxury & ultra luxury options with varied budget segments. This is possible because of the key real estate developers existence here such as Lodha Group, Kalpataru, Brigade, Prestige, Ramky & many more.
Based on Q3 2023 reports, the supply & budget segment for newly launched properties in Hyderabad follows:
Currently, the demand for residential properties in Hyderabad is going up. This has resulted in a gradual rise in the property price appreciation in Hyderabad, making it a perfect place for real estate investment.
Jubilee Hills, Kukatpally, LB Nagar, Banjara Hills, Madhapur, KPHB, Moti Nagar, and Tolichowki are some of the best localities for real estate investment in Hyderabad.
The per square feet price in Hyderabad is around ₹5,000 to ₹11,000.
Hitec City, Madhapur, Gachibowli, Begumpet, Jubilee Hills, and Secunderabad are the prime spots for employment opportunities in Hyderabad.
IIT Hyderabad, Jawaharlal Nehru Technological University, University of Hyderabad, IIT Hyderabad, NIPER, ISB, etc are the best education institutions in Hyderabad.
Famous developers like the Prestige Group, Phoenix Group, NCC Urban, Lodha Group, Brigade, Kalpataru, and many more have their properties in Hyderabad.
Many great healthcare facilities like Apollo Hospitals, KIMS Hospitals, Continental Hospitals, Medicover Hospital, Yashoda Hospital, etc. exist in Hyderabad.
Every year, Hyderabad is noticing an 11% increase in property prices.
The upcoming Ginigera-Raichur New Broad Gauge Railway Line & the Hyderabad Regional Ring Road will connect Hyderabad to different parts of the country.
The property price range in Hyderabad is between ₹40 Lakhs to more than ₹2.5 Crores.