Potential property buyers in Hyderabad are on the rise after overcoming the slowdown due to COVID-19 crisis. The city is witnessing a positive transformation. With some of the leading multinational companies such as Amazon, Google, and others operating their offices in Hyderabad, new government policies are taking shape.
The coming up of various new residential projects in the city is also a positive sign. Apparently, its suburbs are now a preferred option for the new residents. Apartments for sale in Hyderabad and various other suburbs on the outskirts offer multiple amenities and benefits. Listed below are a few of them:
Connectivity: A major deciding factor, the connectivity of a place to nearby markets, office spaces and more is a crucial factor to be considered. For instance, one of the biggest reasons that has made Kuktapally a highly preferred destination for many new residents of Hyderabad is its favourable location. It is close to the financial district of Gachibowli and in proximity to both the IT hubs. A shorter commute to work attracts a large number of people to Kukatpally every year. Also, the availability of premium projects like Splendour by Modi Builders, makes it famous among home buyers.
Investing in flats for sale in Hyderabad will also give you a good connectivity to NH9 that links Hyderabad with Mumbai. Being in the corridor one of Hyderabad Metro Rail, it covers nearly 12 Km Miyapur-SR Nagar stretch.
Infrastructure: The development and infrastructure of a place play an important role. When looking for a residential property, taking a look at the roads, markets, etc, in the proximity becomes important.
Projects by Modi Builders have gained much significance as over the years, areas like Bachupally and Pocharam have gone through various stages of development. The coming up of new housing boards along with housing options from various developers has increased its demand among buyers.
The locality is fully developed with seamless roads and well-managed parks. Also, its proximity to IT corridors attracts IT professionals from all across India. Strategic locations of projects like Edifice, Paradise Homes, Golden County in proximity to various reputed schools and colleges has given it a new stature in the real-estate market.
Demographics: Hyderabad has been growing since its urbanization in the 90s. The coming up of major IT companies and the influx of professionals from across the country gave it a special place in the rental housing market.
Additionally, a 10 km proximity to the IT corridor has given the rental market a significant boost. The increasing population of highly educated and motivated professionals has brought several people to Kukatpally, thereby contributing to its real estate prices.
Voted twice as the best city to live in, Hyderabad offers its residents a peaceful and well-balanced lifestyle. The growing IT revolution in the city is a major factor that attracts a large number of people, and areas like Kompally, L.B Nagar, Rampally are amongst the top-most suburbs. With significant growth expected in the coming years, investing in houses for sale in Hyderabad is certainly the best choice you can make.