Articles

Why you should invest in new projects in Hyderabad

by Madhav Kumar Blogger

If 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.

There are many new projects in Hyderabad right now and you are sure to find a project that suits your needs the best. This is the right time for one to invest in this area because you will get the best prices right now.

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About Madhav Kumar Junior   Blogger

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Joined APSense since, May 2nd, 2018, From Mumbai, India.

Created on May 18th 2018 00:21. Viewed 512 times.

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