Amidst hot debates going for and against the creation of a separate
state, Telangana was created. And this has done something really
positive to the real estate scenario of Andhra Pradesh. The truth is
that the real estate in Hyderabad is beefing all the
way up and this trend has been seen after a long hiatus. Awaken from
slumber after a gap of several years, the state is attracting both local
users and global investors to. As the city is going to remain the
capital for 10 years, the investors are no longer wavering to buy
property here. The plans that were already launched but got halted due
to the ongoing slump can now see light of the day.
The demand for property in already residentially-rich suburbs like Jubilee Hills and Banjara Road has increased. As the rates are still not very high, the end-user appears to be keen on buying flats in these areas. The demand for apartments in Hyderabad areas like Miyapur, HiTec City, Electronic City, and Chandan Nagar are also rising sharply. The creation of new state has impacted positively the Seemandhra cities including Tirupati, Vishakhapatnam, and Vijaywada.
With the creation of this 29th state, the probability of inflow of population reaching out to Hyderabad for jobs has increased. As this influx is happening, the demand for commercial property has also got a boost. The political uncertainties having all gone, the unused inventories and vacant house for sale in Hyderabad are expected to be filled soon. At present, there are about 33000 unused inventories; when these get filled, the imbalance in demand-supply ratio shall get corrected.
In addition to finding houses in the above posh localities, the buyers of property in Hyderabad can also look forward to more affordable options like Dilsukhnagar, Bowenpally, Attapur, A.S. Rao Nagar, and Gajularamaram. The average price per square feet in these areas range between Rs. 2000-3000/ sq. ft. while at Kondapur and Kukatpally, the prices of flats vary between Rs. 3400-3700. At localities like Vizag and Guntur, the residential plots and apartments are popping out gradually for catering to the rising demand.
Visit India's fastest developing property website, Makaan.com for buying/renting/leasing residential and commercial spaces. Different properties advertised by builders, land owners, and dealers across major cities can be explored and searched by end-users.
The demand for property in already residentially-rich suburbs like Jubilee Hills and Banjara Road has increased. As the rates are still not very high, the end-user appears to be keen on buying flats in these areas. The demand for apartments in Hyderabad areas like Miyapur, HiTec City, Electronic City, and Chandan Nagar are also rising sharply. The creation of new state has impacted positively the Seemandhra cities including Tirupati, Vishakhapatnam, and Vijaywada.
With the creation of this 29th state, the probability of inflow of population reaching out to Hyderabad for jobs has increased. As this influx is happening, the demand for commercial property has also got a boost. The political uncertainties having all gone, the unused inventories and vacant house for sale in Hyderabad are expected to be filled soon. At present, there are about 33000 unused inventories; when these get filled, the imbalance in demand-supply ratio shall get corrected.
In addition to finding houses in the above posh localities, the buyers of property in Hyderabad can also look forward to more affordable options like Dilsukhnagar, Bowenpally, Attapur, A.S. Rao Nagar, and Gajularamaram. The average price per square feet in these areas range between Rs. 2000-3000/ sq. ft. while at Kondapur and Kukatpally, the prices of flats vary between Rs. 3400-3700. At localities like Vizag and Guntur, the residential plots and apartments are popping out gradually for catering to the rising demand.
Visit India's fastest developing property website, Makaan.com for buying/renting/leasing residential and commercial spaces. Different properties advertised by builders, land owners, and dealers across major cities can be explored and searched by end-users.
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