Hyderabad has outgrown to embrace large number of migrants. The surging real estate demands above further reflect its future growing market. The realty of the city has consistently strives to meet the mounting needs of the residents and stands as the most preferred destination of Telangana with investment desires of the capitalizes seems “ not fading” in near future.
Hyderabad is the largest city of the state of Telangana bordering an area of 1650 square kilometers along the banks of Musi River. Overtime the city has experienced huge population explosion due to its geographical location and infrastructure. Presently Hyderabad pockets total population of 10.25 million which makes it the third most populous city of India.
The drastic rise affected the realty to the core and led to huge surge in the demand for residential spaces that unbolts numerous investment opportunities. Big investors here are all in mood of purchasing new ventures where as small investors especially the migrants are looking for rentals in Hyderabad which serve them with desired ambiance and comfortable settings.
Migration of the individuals to any city depends on three important factors:-
• Employment Opportunities
• Residential properties
These factors are essential to hold the population in a city. Upholding an image that enthralls several is difficult to maintain, but Hyderabad year after year strived to evolve as a paradigm city holding huge potential and carefully satiating the rising demands of its populace.
Why Hyderabad Enthralls All?
Hyderabad has not only turned to be a home for various birds, reptiles and assortment of plants who have found habitat at low lying hills and sloping terrain but it also proved to be a most sought after destination for human investment. Sound infrastructure expansion here opened leeway opportunities for the investor population to get a comfortable home and fetch all basic amenities.
Comprehensive utility services assure adequate supply of water and electricity which is sourced from dams located at the city outskirts. Andhra Pradesh Central Power Distribution Services, firefighting services and strong vigilance of the state governments keeps off the city population from all uncertainties, making Hyderabad a healthy place to live in.
Besides these the city allows fun-filled life with various malls and complexes structured at different locations of the city. The city has robust network of roads and strong transport system with autos, cabs, and taxi and rail connection all in place assuring easy connectivity day and dark.
Hyderabad and the Realty Boom
With increasing population, the realty market has taken an upward toll and surge is felt in different sectors. Investors now whether purchasing a property or taking up rentals in Hyderabad, have plethora of options available to choose from.
Commercial: Hyderabad commercial market is wide. With huge population figure the need for setting up commercial market that substantially meets end customers daily wants is surging. Therefore new office spaces and complexes are structured.
Investors looking for viable business spaces have several locations and choices to select the convenient and affordable one. Few prominent sites are Jubilee Hills, Begumpet, Kondapur, Attapur Ring Road, Vanasthalipuram and Gachibowli. Professionally secured ambiance and stimulating environment, an investor planning to expand his business revenues, get all possible features.
Residential: Whether purchasing a property or taking up a house on rent investors have diverse choices to make. Rental spaces are available at Banjara Hills, Hi-Tech City, Kukatpally, D.D colony, Madhapur and Himayat Nagar. 1 bhk, 2 bhk and 3 bhk home facilities are easy to locate with property prices vary from 7000 INR for 1 bhk to 28000 INR for 3BHK.
Retail: Global trends are seeping in Indian market veins. Watching the transmutation, the population is silently adopting to these changes. Majority of population not only eat western food but are besieged with brands imported. This led the companies to tap the potential market in India. Hyderabad after Delhi, Mumbai, tops the list with several retail spaces available on lease. #KhabarLive