Wednesday 25 September 2013

Hyderabad Infrastructure Raising the Demand for Property for Sale

The political turmoil that surmounted over the question of Telangana is not yet very old. What was your opinion on that? Did you expect the property market to take a downward swing or were you hoping to market to remain stagnant, as it has been from past 5 years? Contrary to both the expectations, Hyderabad real estate is showing some signs of recovery. In the coming months, both the demand for property as well as price appreciation are expected to take a positive turn, thanks to the full-scale infrastructural development taking place in city. The development of the residential areas along Outer Ring Road and around International Airport is a proof of that. Top-class builders are floating both affordable as well a luxury projects: these shall cater to buyers from all the segments.

The real estate Hyderabad has also got a definite push by a 158-km long Expressway called Outer Ring Road. Meant to bring down the traffic to low, this expressway connecting Pedda Amberpet to Shamirpet shall allow faster speeds and quick disposal of traffic. The Rapid Metro System is another preeminent project under construction, that shall act as a connectivity link between Shilaramam and Nagole. With its completion, the demand for residential as well as commercial properties shall see a definite beefing up.

In West Bangalore, the hot localities (in terms of real estate potential) include Gachibowli, Manikonda, Tellapur, Gandipet, and Kokapet. These properties in most of these localities are targeted towards middle-segment buyers. To buy a property for sale in Hyderabad, in SEZ parks, localities like Madhapur, Kondapur, and Kukatpally are the best. The demand there too, is expected to tread an upward scale. Towards the north, Kompally stands out as a locality catering to upper-middle and elite segments. At A.S. Rao, however, you can find some budget houses to buy.

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