Tips to invest in hyderabad property to fetch higher returns
Hyderabad is a thriving city with a presence of good number of blue chip companies, giant IT firms and other MNC’s . The city also beholds a cultural charm due to several old monuments and museums. The mouth watering cuisines, tranquil living in the heart of a bustling city, excellent social and physical infrastructure, good connectivity, great employment opportunities , good medical and educational facilities are the major factors that led to the demand of Real Estate property in Hyderabad. The best thing about residential real estate in Hyderabad is that it is mostly dominated by the end user market.
This report aims to provide some valuable tips to invest in Hyderabad property so as to helpyou fetch better returns in future.It is always advisable to invest in a growing location rather than in an already established area. For a middle class person with an average income, cost of property in an established area becomes very costly and unaffordable. The rise in the value of the property in pre established location is lower in comparison to the growing area as the growth becomes stagnant over a period of time.
If the property has general amenities, it will undoubtedly add to its value. For example, if the property has shopping complex, multiplex, swimming pool, open area etc located in the vicinity, then the prices of these properties are likely to appreciate in future. If the property is located in close proximity to the business park and IT hubs, it comes up with better investment prospects .
Before investing in any property in Hyderabad, it is always advisable to check the availability of hospitals & schools in the nearby areas. An area having reputed global / international schools and super specialty hospitals will have good worth and they can provide a good return on investment. Also check that the projects offered by the builders are equipped with all modern amenities.
Considering these points mentioned above , one can get the right kind of property that promises great returns in future too. Captured below are some hotspots in Hyderabad that make a promising destination for investment.
The Madhapur-Gachibowli stretch(Shamshabad)
This stretch of land became popular after various areas near the Hi-Tech twin towers became host of major blue chip companies such as Google, Facebook, etc. This area is a premium residential area and shares close proximity to the airport. The major highlight of this stretch is its robust connectivity.
The area stretching from Kukatpally until Nizampet, which is also one the largest residential areas in the country, is still considered as one of the most promising hot spots regardless of how old the locality has been. Owing to its closeness to the IT sector and low property rates, many people who have invested around a decade ago still reap good benefits. The area attracts a lot of investment every year also from abroad. The best part is that the area is well equipped with all amenities and offers good transportation facilities too. The major attraction is its affordable prices.