Hyderabad's reasonable prices make it a perfect location to invest in apartments, especially for first-time buyers. With a fast-growing economy, the city has emerged as one of the fastest-growing cities, and the trend is likely to continue.
Investing in Hyderabad is a smart choice due to its affordable prices, which are lower than other major cities in India. Every area here has varied budgets depending on the location. The apartments in each area range with the builder and the amenities offered. It also varies with the size and location of the towers of a project.
Investing in an apartment in the city is best as it offers better profit and has high resale value. Most prominent apartments are near big IT hubs, which are always in high demand. The price of flats of 1 square yard in Hyderabad is as follows,
East Hyderabad consists of the eastern suburbs of the city, and it consists of Hayatnagar, L.B.Nagar, Kapra, Uppal, and Saroornagar circles. The ITIR in the eastern region, from Uppal, is set to transform the city's tech part with excellent connectivity. This expansion will bring about new growth opportunities, with traffic congestion in the areas. The increasing popularity of the IT sector is attracting major players, creating a real estate demand. The area is connected with the rest of Hyderabad through metro lines. The line starts from MG Bus Station and ends at L. B. Nagar.
Hyderabad's east regions are a great option if you want a profitable investment. It's an ideal time to explore opportunities in the area now. These areas will grow long-term with strong economic growth and upcoming developments. The property prices in East and Northeast Hyderabad are
Name of location | Price |
---|---|
LB Nagar | Rs.6000/sq ft |
Nagole | Rs. 5500/sq ft |
Uppal | Rs. 5300/sq ft |
Pocharam | Rs. 3700/sq ft |
Kompally | Rs. 5600/sq ft |
Sainikpuri | Rs. 5500/sq ft |
Investors are now flocking to the east part of the city, drawn by the great growth potential. Areas here offer the perfect blend of luxury and convenience all in one go with easy access to world-class features. It also has an excellent transport network to other parts of the city. The upcoming metro has resulted in the quick development of the areas.
South Hyderabad is the fastest-growing zone, and it has Srisailam Highway, Bengaluru Highway, and Sagar Highway. On the south side, there are many industrial clusters and SEZs from different sectors. Rajiv Gandhi Airport is one of the biggest assets of the area. It gives easy access to global commuting and conveyance. Hyderabad Pharma City is on the south side of the city. Amazon and Microsoft have their data centers in three locations in south Hyderabad.
The southern area of the city is known for having a stable political climate, which is vital for attracting investments and companies. The presence of road networks and their nearness to airports has resulted in an increase in prices. The property prices in South Hyderabad are as follows.
Name of location | Price |
---|---|
Rajendra Nagar | Rs. 7200/sq ft |
Attapur | Rs. 5100/sq ft |
Shamshabad | Rs. 3195/sq ft |
The south area of the city is connected to the heart of the city through smooth roads like Outer Ring Road, NH -7, and PVNR Expressway. The airport is nearby, and the area has the biggest IT corridor, which results in its fast development.
North Hyderabad is on the NH with excellent connectivity, and the real estate markets flourished as the area is developing fast. Areas like Kukatapally in the Northern part of the city are connected to IT hubs that include
The Red Line of the metro enhances the connectivity of Miyapur with Ameerpet. The area enjoys superb rail and road connectivity through Mumbai Highway and the Hitec City MMTS Station.
Buyers prefer the northern areas for investing because of the high employment ratio, infrastructure, and metro network. The areas in the north part of the city are connected to big IT hubs, which results in the fast development of the area. The property prices in North Hyderabad are as follows,
Name of location | Price |
---|---|
Pragathi Nagar | Rs. 6350/sq ft |
Bachupally | Rs. 5700/sq ft |
Nizampet | Rs. 5100/sq ft |
Kukatpally | Rs. 6000/sq ft |
Lingampally | Rs. 9250/sq ft |
Miyapur | Rs. 6650/sq ft |
Strategic growth corridors in these areas allow the real estate property market to continue to increase and grow without resulting in surging prices.
West Hyderabad is one of the areas of Hyderabad that developed as a result of the IT boom that started in the late 1990s. Its core is called Cyberabad, which is home to employees of software companies that have offices in the area. The western areas, ranging from Kukatpally to Kondapur, remain the growth engine for the city’s real estate.
With its booming IT sector, the western part of the city has gained importance as a residential hub among buyers. While the main areas are near the city center, the investors are keeping a close eye on fast-emerging areas in West Hyderabad.
Name of location | Price |
---|---|
Hi-tech City | Rs. 11950/sq ft |
Madhapur | Rs. 10900/sq ft |
Nizampet | Rs. 5100/sq ft |
Gachibowli | Rs. 9050/sq ft |
Kondapur | Rs. 9450/sq ft |
Nallagandla | Rs. 9250/sq ft |
Manikonda | Rs. 6950/sq ft |
Kokapet | Rs. 9750/sq ft |
Jubilee Hills | Rs. 11250/sq ft |
Banjara Hills | Rs. 10050/sq ft |
Begumpet | Rs. 7750/sq ft |
Himayath Nagar | Rs. 6500/sq ft |
The western part of the city has seen a lot of development in the recent past, and it is seeing more investment opportunities. There are many residential projects built in this area, and there is going to be an increase in demand for property and apartments in the Western part. If you invest now, buyers will see good returns on their investment as there is going to be higher demand for these properties once all are ready for sale.
The booming IT sector, affordable prices, and rich cultural heritage make Hyderabad a perfect destination for real estate investment. So, seize this moment and embark on this lucrative journey of buying your dream apartments in the city.
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