Wednesday, 12 December 2012

Top 5 reasons to consider Hyderabad for property investment

Property in Hyderabad
Hyderabad is the largest city of Andhra Pradesh and the 4th most populous city in India with Delhi, Mumbai and Bangalore occupying the first 3 places. Located on the crossroads of South and North India, it goes without saying that the city has a mixture of both the cultures. Having been ruled by the Mughals in the 17th and 18th centuries, the city is highly influenced by the Mughal culture too in terms of its art, cuisine, architecture and literature. Year on year Hyderabad is visited by tourists from within and outside India as it boasts many tourist spots like charminar, Chowmahalla palace and Golkonda fort. Hyderabad plays host to a number of large IT companies and other MNCs that have brought about a revolutionary change in the prices of property in Hyderabad.
The real estate market in Hyderabad is booming and here are 5 reasons why you can confidently invest now in property in Hyderabad.
  1. Increasing property prices:-Since the real estate market is doing well, this is a good time to buy residential property in Hyderabad lest the prices would go up to unaffordable levels in the coming years. To give you an idea; a 2BHK apartment purchased in 2009 for 27 lakhs will fetch you anywhere between 40-45 lakhs if you were to sell residential property in Hyderabad today.
  2. Reputed corporates:- Many top notch companies like Infosys, TCS, CTS and many more have established their presence in the city.
  3. Future development plans:-With the proposed Rajiv Gandhi International airport under work at Shamshabad, property prices are expected to soar to new heights in and around the area. Further, IT giant Infosys plans to set up office on a sprawling 450 acres in Pocharam village. This project which is expected to span around 10-12 years will throw new light on the village. Investing now in this area will reap great returns 10 years hence when you sell residential property in Hyderabad.
  4. Education:- Hyderabad has some of the best known universities and institutions in the country.
  5. Good living conditions:- The city has a moderate climate and possesses a well-planned connectivity system by road. Other amenities like the presence of malls, hospitals, multiplexes etc., mark the city as one with full of life.
So whether it is in the posh localities of Madhapur or Banjara hills or the more affordable areas of Vidya nagar, Narayanguda or Himayat nagar, this is a good time to buy residential property in Hyderabad Visit www.333acre.com to buy reputed builder apartments and villas.

Morcal Thomas, a dedicated publisher of content who works for 333acre, which helps you to finding a property in your area . If you are looking for property in Hyderabad then contact 333acre.

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