Where to Make Real Investments in Hyderabad
Hyderabad also termed as Pearl City of India has swiftly emerged as the new hot destination for real estate investment. The strong economy, good connectivity, and blend of tradition and modernity offers numerous investment opportunities for experienced and new Hyderabad real estate investors as well as home buyers.
This is a city that has a well-structured plan for growth, allowing it to cater to a wide audience through its opportunities around various sectors. This brings us forth to – My Dream Location In 2024!
Why Hyderabad Become So Attractive For Real Estate Investments?
Are people confused about why one would invest in Hyderabad of all places in India, Let’s look at some of the relevant reasons on this note.
Part Of The Growth Story
Due to the growth of its economy, the nation’s Pearl City ranks sixth among India’s more productive cities. The development of major global players in India’s economy, such as software firms Microsoft, Google, and Apple upheld the steady demand from customers and housing rental properties, which also raised rental rates.
Good Location Within The City Copy Space
Hyderabad, for example, has the outer ring road, which has drastically reduced the time needed to commute and increased real estate values. Constructed roads and efficient transportation options make Hyderabad a lucrative investment and a headache free commute.
Major Investment Regions of Hyderabad
Kokapet
Kokapet is an emerging area which is close to Hyderabad’s IT corridor and hence one of the best for real estate investment.
- Average Property Rate: ₹7,547/sq.ft
- Facilities:
- Schools: Rockwell International School
- Hospitals: VisLon Hospital
- Transportation: Kokapet X Road Bus Stop, Durgam Cheruvu Metro Station
Narsingi
Narsingi is located in the outer western periphery of Hyderabad city, is adjacent to the Outer Ring Road and in close proximity to key areas of the city, making it a very sought after area.
- Average Property Rate: ₹7,493/sq.ft
- Facilities:
- Schools: Westside Grammar School, Elate International School
- Hospitals: Nirmala Hospital, Neo Candy Children’s Hospital
- Transportation: Durgam Cheruvu Metro Station, Hitec City Railway Station
Tellapur
Tellapur is well-linked to the Outer Ring Road, and offers high class amenities and facilities in apartments and villas.
- Average Property Rate: ₹5,659/sq.ft
- Facilities:
- Schools: Manthan International School, Goldcrest School
- Hospitals: Tirumala Hospitals, Panacea Meridian Hospitals
- Shopping: Tellapur Shopping Complex, Max Shopping Mall
Bachupally
Bachupally is a suburban area in northwestern Hyderabad that is perfect for families with a tight budget who need access to decent educational institutions and hospitals.
- Average Property Rate: ₹5,187/sq.ft
- Facilities:
- Schools: Silver Oaks International School, Impulse Junior College
- Hospitals: SLG Hospital
- Shopping: Sriven Mall, Manjeera Mall
Kondapur
Kondapur is a pretty well developed area and is closer to the IT hub of Hyderabad and hence it has good access. Moreover, one can find 2 or three bhk apartments as well as few villas.
- Average Property Rate: Cost for a residential Floor Apartments ranges from ₹6,194 per sq in ft , multistorey apartments সদর অপর কেন্দ্র সৃষ্টি খ ব্রটেজ গবীর সাংবেতন অভিস বলেন ৷
- Facilities:
- Schools: Chirec International School
- Hospitals: Apollo Spectra Hospitals
- Shopping: Sarath City Capital Mall, Atrium Mall
Pragathi Nagar
Pragathi Nagar has been attracting a lot of investors for the past few years, since it has easy access to business centres in Hyderabad.
- Average Property Rate: Above mentioned information in detail has been given for property rates in the mentioned zip codes as average range between 4536 to 4732 per sq.
- Facilities:
- Schools: Pragathi Central School, Impulse Junior College
- Hospitals: People’s Hospital
- Shopping: NSL Centrum Mall
Manikonda
Commuting is quite easy from Manikonda and it is also a well-established locality. Most people with a job close to the area stay here, as it is well connected and has plenty of amenities.
- Average Property Rate: 4536-4732 per square feet is the price of land in Manikonda , 4744-4932 being the range in other densely populated areas around the suburb.
- Facilities:
- Schools: Delhi School of Excellence
- Hospitals: Rex Super Specialty Hospital
- Shopping: Diamond Corner, Fortune Monarch Mall
Kompally
Kompally is also emerging as a vibrant industrial and residential location along the Outer Ring Road.
- Average Property Rate: ₹4,943/sq.ft
- Facilities:
- Schools: St. Martin’s Engineering College
- Hospitals: Balaji Hospital
- Transportation: Kompally Bus Stop, Bolarum Railway Station
Shankarpalli
Shankarpalli is a perfect location for the investors who are looking for decent returns. One of the reasons this location is desirable is the presence of wide lush green areas along with the good infrastructure.
- Average Property Rate: ₹16,154/sq.ft for residential plots
- Facilities:
- Schools: Indus International School
- Hospitals: Shree Sanjevani Hospital
- Shopping: JSR Shopping Mall
Rajendra Nagar
Located in Rajendra Nagar is a world class facility tailored to govern neighboring business areas as well as great supply for the users making this an investment destination.
- Average Property Rate: ₹5,293/sq.ft
- Facilities:
- Schools: ICBM School of Business Excellence
- Hospitals: Medics Healthcare
- Transportation: Rajendra Nagar Bus Stop
Conclusion
Considering the economic growth of Hyderabad, the readily availability of infrastructure, and the increasing demand for housing, Hyderabad presents itself as a city to invest in real estate in 2024. Each area in tis guide has its benefits, therefore select the one that fits your budget and your way of life as well as your long term objective. There is a place for investment for all, may be in the high rising Kokapet or the rural feel of Shankarpalli.
Frequently Asked Questions
What are the advantages of investing in Hyderabad?
Hyderabad is characterized by a strong economy coupled with modern infrastructure and a developed real-estate market. The expansion of the IT sector further stimulates the demand adding to the attractiveness of investment.
In terms of connectivity, do you think the investment zones in Hyderabad are accessible?
Yes, almost all the places are connected through the Outer Ring Road, the Metro and the public transport system making every part of the city accessible.
For new opportunities and more details on real estate investment, browse through the listings of Dream Location.