Hyderabad is the best location for real estate investment since the market is strong, driven by factors like job prospects and a growing migrant population. There are a number of properties at reasonable prices to invest in all size ranges.
There are many best areas to invest in the city, which will give good returns. The city is developing fast due to the IT hubs offering many jobs. There is a good transport network in all areas of the city with buses, metro, and trains. The metro network will further improve the transport network once it is completed.
A few best residential areas in Hyderabad are
Banjara Hills is one of the affluent localities in the northwest part of Hyderabad. It is a developed area known for its access to the metro’s red and blue lines. It will connect to major job hubs, so it is one of the sought-after areas in the city. The area is noted for its hotels, shopping malls, schools, etc. If you wish to live in the posh areas of Hyderabad, then Banjara Hills is a worthy place to live.
Jubilee Hills is a posh area in the city’s west outskirts. It is between Banjara Hills and Hitech City, a known IT hub. It has many actors, politicians, and business people and is considered a posh area. It is also close to HITEC City and a preferred place for the IT crowd. It is one of the most expensive areas and is home to the Telugu Film Industry hub. It is connected to the metro’s blue line, and the area is known for its lush green surroundings.
Gachibowli is a known area close to Hitech City and home to several known IT hubs, making it a popular destination. It is a posh locality in the western part of the city. It is an IT hub for many companies, including Wipro, Microsoft, and Accenture. The area is known for its premium properties that offer a luxurious lifestyle to its people. The place is known for its green area and is chosen by techies working in nearby IT hubs.
HITECH City is an upscale area covering 200 acres. It is 2 km away from Jubilee Hills and is the city’s IT nerve center. It is another famous posh area and a sought-after place for people working in the IT industry. The area hosts some of the largest IT companies, including Amazon, Google, and Facebook. The area is close to Gachibowli, making it easy for people to commute to all parts of the city.
Manikonda is a posh locality in the west of Hyderabad and has become a top choice for IT people. The area is home to several IT hubs and is popular due to its proximity. This area has several shopping malls, markets, banks, schools, and IT companies. Due to the great social framework, it is one of the preferred areas among IT families.
Begumpet was once insignificant but has transformed over the years and is a posh area. Surrounded by many MNCs, it offers excellent basic features for its people. Living in the area will provide access to top-notch schools, colleges, markets, and shopping malls. Once a small village, it has grown into a busy IT hub.
Ameerpet is a residential district in the northwest. It is convenient for schools, markets, and malls and offers access to all the city’s features. It is home to software training institutes and is popular among students and families due to its low-budget housing options. The real estate in Hyderabad is excelling due to the increase in investments coming into the city due to the development of the IT industry. The working class is now demanding homes near these localities. So, developed properties are found in the best residential area in Hyderabad, which is best for investment.
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