Residences To Look Forward To In Hyderabad
India has been linked with enormous success regarding the real estate industry in the last one decade. With residential and commercial projects being launched in every city across the nation, the sector is on its way to attract global investors and make the nation one of the leading business markets on the globe.
At present the sector is witnessing a proliferated growth at the rate of 20% per annum and contributing nearly 5-6% to the national GDP. One of the most heavily employing industries in India, real estate is solely responsible for stimulating demands in 250 ancillary industries like cement, steel, paint, consumer durables etc. Be it the efficient infrastructure or world class commercial projects, the real estate industry in India has enticed plentiful investors from all across the globe in the last one decade.
Strong population growth, a large pool of qualified professionals coupled with greater integration with the global economy and a 100 % FDI allowance are boosting the demand for different kinds of property all across the nation.
A nation which has seen real estate investments worth US $ 10.5 billion in the past 10 years, property worth investing can be found quite easily. Projects will definitely turn up with high returns in the future, no matter what location they’re situated in. Be it residential projects or commercial launches metropolitans like Delhi/NCR , Mumbai, Kolkata, Pune and last but not the least Bangalore have shown the highest level of infrastructural development.
Real Estate Growth in Hyderabad
• Affordable properties and the new found economic and political stability has massively improved client sentiments, hence leading to a uniform rise in property values. Both State and Central Governments have taken significant measures to improve the infrastructure in the city. The latest proposals of development focusing on transit-oriented growth have not only benefitted the intra-city connectivity but also the real estate market.
• The micromarket of Manikonda is witnessing the development of an integrated township. The upcoming retail development is expected to provide a certain impetus to the growth of the surrounding micromarkets, which currently lacks social infrastructure facilities.
• The region surrounding the Jawaharlal Nehru Technological University (JNTU) and the Malaysian Township are witnessing development of products in the higher mid-segment and premium segment. Sales of products in the higher mid-segment have been steady, while off-take in the premium segment has witnessed a moderation during the last two quarters.
Housing Projects in Hyderabad
• Mahanagar Green Terraces by Mahanagar Homes: A residential development by the renowned Mahanagar Homes in Nagole offers 2-3 BHK apartments, within a price range of ₹28.35 Lac to ₹47.79 Lac. The area per unit varies between 1050-1770 sq. ft.
With the whole project being built in a 2.7 acres stretch, possession is expected somewhere around December 2015.
• Praneeth Pranav Panorama by Praneeth Group: Praneeth Pranav Panorama , A residential project by the famous Praneeth group in Beeramguda offers apartments, within a price band of ₹39Lac to ₹78.7 Lac. The area per unit varies between 1050-1650 sq. ft. With possession being provided during December 2018, all modern day amenities will be provided to the buyers.
Finding a place to live requires a thorough research and analysis of the real estate market in your locality. But all works out fine, if the right approach is adopted.
Anshuman Kukreti is a professional writer and a keen follower of the Indian real estate market. An engineer by qualification and an artist at heart, he writes on various topics relating to real estate projects across the country. Reach him @ LinkedIn, Twitter and Google+.
At present the sector is witnessing a proliferated growth at the rate of 20% per annum and contributing nearly 5-6% to the national GDP. One of the most heavily employing industries in India, real estate is solely responsible for stimulating demands in 250 ancillary industries like cement, steel, paint, consumer durables etc. Be it the efficient infrastructure or world class commercial projects, the real estate industry in India has enticed plentiful investors from all across the globe in the last one decade.
Strong population growth, a large pool of qualified professionals coupled with greater integration with the global economy and a 100 % FDI allowance are boosting the demand for different kinds of property all across the nation.
A nation which has seen real estate investments worth US $ 10.5 billion in the past 10 years, property worth investing can be found quite easily. Projects will definitely turn up with high returns in the future, no matter what location they’re situated in. Be it residential projects or commercial launches metropolitans like Delhi/NCR , Mumbai, Kolkata, Pune and last but not the least Bangalore have shown the highest level of infrastructural development.
Real Estate Growth in Hyderabad
• Affordable properties and the new found economic and political stability has massively improved client sentiments, hence leading to a uniform rise in property values. Both State and Central Governments have taken significant measures to improve the infrastructure in the city. The latest proposals of development focusing on transit-oriented growth have not only benefitted the intra-city connectivity but also the real estate market.
• The micromarket of Manikonda is witnessing the development of an integrated township. The upcoming retail development is expected to provide a certain impetus to the growth of the surrounding micromarkets, which currently lacks social infrastructure facilities.
• The region surrounding the Jawaharlal Nehru Technological University (JNTU) and the Malaysian Township are witnessing development of products in the higher mid-segment and premium segment. Sales of products in the higher mid-segment have been steady, while off-take in the premium segment has witnessed a moderation during the last two quarters.
Housing Projects in Hyderabad
• Mahanagar Green Terraces by Mahanagar Homes: A residential development by the renowned Mahanagar Homes in Nagole offers 2-3 BHK apartments, within a price range of ₹28.35 Lac to ₹47.79 Lac. The area per unit varies between 1050-1770 sq. ft.
With the whole project being built in a 2.7 acres stretch, possession is expected somewhere around December 2015.
• Praneeth Pranav Panorama by Praneeth Group: Praneeth Pranav Panorama , A residential project by the famous Praneeth group in Beeramguda offers apartments, within a price band of ₹39Lac to ₹78.7 Lac. The area per unit varies between 1050-1650 sq. ft. With possession being provided during December 2018, all modern day amenities will be provided to the buyers.
Finding a place to live requires a thorough research and analysis of the real estate market in your locality. But all works out fine, if the right approach is adopted.
Anshuman Kukreti is a professional writer and a keen follower of the Indian real estate market. An engineer by qualification and an artist at heart, he writes on various topics relating to real estate projects across the country. Reach him @ LinkedIn, Twitter and Google+.
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