Hyderabad is the city of Nawabs and is one of the largest cities in India which also happens to be the capital city of Telangana state. Hyderabad has seen the growth of all types in the recent decade, especially the IT industry. The real estate Hyderabad scene in 2018 saw it being driven by IT and other sectors such as biotech, electronics and pharmaceutical and more.
2019 is sure to be no exception. The presence of employment opportunities in these key sectors has opened the gates for people to settle here. As a result, you can see a lot of real estate activities here such as Accurate Wind Chimes and more.
Nonetheless, not all areas may be profitable when it comes to buying a property in Hyderabad. Hence, we are here to help you put your money on buying a property in Hyderabad in some key areas. Read on and explore more!
Top localities to buy a property in Hyderabad
Shamshabad is one of the most popular areas in Hyderabad to buy a property for homebuyers and people interested in plots. The area is located only 24 km away from the city center and the Rajiv Gandhi International Airport is located here. As a result, the price of the property is higher here. You can compare all the best offers on a third-party website online and pick one suiting your needs and budget the best.
Manikonda is a locality in Hyderabad where you can find a considerable number of IT companies. Hence, if you can buy a property here, it will be never out of consideration for a higher selling or rent in case if you move out. People working in IT companies in Manikonda prefer staying closer to their offices. As a result, if you wish to buy property in Hyderabad for investment, you ought to invest here.
The Nanakramguda is yet another center which is home to prime IT and professional services companies. Given the number of companies located here, it has given the area a niche and has emerged in terms of developments. The properties located here are sure-shot high-income prospects. It is because employees love to live near to their offices and always looking for a rental space. Hence, if you can invest in a property in Nanakramguda, you can keep gaining.
Kukatpally is a location in Hyderabad that is first on the list of homebuyers who are looking for affordable housing solutions. The area is connected to other places well and shifting here can help you live in the city without paying a higher price. The ROI value of this area may also go up if you are a long-term investor.
Some of the great locations to buy a property in Hyderabad are discussed. You can now buy a property in Hyderabad as per your budget and needs and live stress-free!