Why you should invest in new projects in Hyderabad
by Madhav Kumar BloggerIf you’re
looking to invest in real estate anywhere in India, then new projects in Hyderabad
are your safest bet. Where on the one hand all the other major cities are
seeing a fall in the real estate market, Hyderabad is the only city that is
seeing a rise in the real estate market. Hyderabad is the only city in India right now,
where property sales have grown by as much as 32% from the average of 2013-2014
to 2017, according to a research by property consultant ANAROCK. This,
while other cities like Delhi, Mumbai, Bangalore and Kolkata sales have dropped
by as much as 67%.
One of the major reasons that can be attributed to
this rise in demand for residential
plots in Hyderabad is its political stability. For the longest time, the
state of Andhra Pradesh has been in political turmoil and with its division in
two parts, Hyderabad, that has gone to Telangana, is seeing some peace at last.
The government in the state is also taking a keen
interest in the development of infrastructure and property right now. This is
another reason why residential property in Hyderabab is seeing such a huge
demand. The government has strengthened
infrastructure in areas where major IT companies are coming up, such as
Nanakramguda, Gachibowli and surroundings of Balaji Chilkur temple within the
HMDA limits. Carving out of new districts in the vicinity of Hyderabad, like
Shamshabad, Yadadari Bhuvanagiri and Vikarabad, has paid dividends.
New projects in Hyderabad are the best place to
invest your money right now, since residential property in this area is in high
demand. As the IT sector opens its door, people from all over the country are
flocking to this city. Companies too are looking for residential projects in
Hyderabad so they can house their every growing number of employees. For anyone
looking to rent out property, this is the best time to buy residential units in
this area, as you can get assured returns on it and since these units will be
rented by companies instead of individuals, which means you will get regular
payments in a systematic way. You will not have to worry about tenants missing
any rent payments.
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Created on May 18th 2018 00:21. Viewed 512 times.