As per CRISIL report, the
city of Hyderabad is expected to come out of its long-term stagnation
in the realty market. It has also predicted that the real estate
shall grow at a fast rate in the city, given that the Telangana issue
has been resolved. As per its report, the city has been envisioned to
see a growth rate of 6-7% this year. As per the market analysis, the
city has registered a 14% appreciation in prices in the first quarter
itself. With things going reasonably good, the interest of buyers in
making purchase for flats in Hyderabad is
burgeoning month after month. Some of the prestigious projects have
been set afloat: luxury project by Goldman Sachs has already
attracted several bidders.
In
Kondapur, yet another IT hub, the real estate market has proliferated
quiet well. Till now, buying property here could cost you too high,
but, the first quarter witnessed a slump, thus slashing the prices
and garnering the interest of the end-users. In the month of August,
the psf rate of Rs. 3326/- has been recorded, which is almost the
same as the areas like Gachibowli, Kukatpally, and Miyapur. The
other localities that have imparted a boost to properties for sale
in Hyderabad include Attapur,
Bachupalli, Begumpet, Gachibowli, KPHB Colony, L.B.Nagar, Madhapur,
Manikonda, Nizampet, and Tellapur.
Kukatpally,
a major residential hub of Hyderabad is strategically located near
HiTech city. It is conveniently placed near suburbs like Allwyn
Colony, KPHB, Miyapur, and Izzat Nagar. The presence of commercial
market, transport facilities, and IT corridors is running parallel to
the investor sentiments who want to go in for buying apartments
in Hyderabad. An escalation of
about 10% has been noticed from last 12 months in Kukatpally.
The
realty market is doing pretty well, especially in localities like
Gachibowli, Miyapur, Kondapur, Kukatpally, Uppal, KPHB Colony,
Nizampet, and Begumpet, to name a few. Miyapur alone saw an
appreciation of 18% over past 12 months. The psf (per square feet)
value here in the month of August stood at Rs. 3066/-. The locality
is coming with several up-scale projects. Its connectivity to
Gachibowli and Kompally via ring roads make the place easily
accessible. The area's contribution to Hyderabad real
estate has been immense. Aided
with good infrastructure, industrially developed units, and IT parks,
Miyapur is witnessing a tremendous realty market.
Buy
or rent 1, 2, 3 BHK rooms, apartments, villas, bungalows, studios,
offices, shops, warehouses, and condos at Makaan.com. The portal
lists properties with different price tags and available across
different Indian cities.
Glad to read the informative content you have posted for us. Undoubtedly the real estate sector is growing in Bhopal and the best flat in bhopal are giving exceptional properties to live. In those names, one name is Construction co. top builders in bhopal who provide quality with a blend of affordibility.
ReplyDelete