Changing real estate trends in Hyderabad

Hyderabad, a magnificent city, famous for rich cultural ethos and old monuments, enriching the rich heritage of India also enjoys a vibrant realty market. The best part of Hyderabad is that it is mostly driven by the end users. Property in Hyderabad has shown positive signs of recovery in the last decade after prevailing slump in the real estate of India. Many buyers and end users are showcasing their interest to invest in Hyderabad property.

There has been a significant change witnessed in the real estate trends in Hyderabad with affordable housing schemes. Hyderabad is mostly dominated by the working professionals due to the presence of numerous IT companies in the city. Hence, a good number of white collar jobs are generated that almost lines  up the middle income group in the city.   So, this has given rise to affordable flats in Hyderabad. AS they do not earn as much as big business tycoon or rich businessman as they have a fixed income.

The city for that matter is  paying more emphasis on developing affordable  flats in Hyderabad. The real estate trends in Hyderabad is  changing due the political clarity coming in, Hyderabad has now emerged as a buyer centric market. Flooded by a spate of residential projects, there are a number of apartments for sale in Hyderabad that fall between the affordable and mid-segment section. Developers here are now cashing on this trend and are targeting working professionals who want to own such low-budgeted homes. Affordable apartments in Hyderabad are not just confined to suburban localities, premium residential localities too have their share of low-costing homes to name Sainikpuri is one.

Gone are the days when one had the option to live in the outskirts of the city if they had an economical budget. Today the scenario has changed drastically as affordable housing with all the basic amenities like educational and healthcare facilities are provided to the residents. Targeting white-collared professionals, Hyderabad Real Estate developers have created a number of affordable housing units that have sprouted in localities like Manikonda and Miyapur due to its sheer proximity to IT parks and HITEC City.

The eastern zone comprising of areas like Uppal, Mallapur, Cherlapalli, Nacharam and Ghatkesar are also  attracting the investors and buyers  due to availability, accessibility and affordability of property. Mallapur, a part of Greater Hyderabad, is a fast growing residential area. There are many apartments for sale in Mallapur at present and builders in the region are selling these properties like hot cakes. Gachibowli is  one of the hotspots in the market that stands out and has performed extraordinarily  in the realty market.

As Madhapur has attained the point of saturation, this is envisaged to be the next promising location for residential projects. Apart from those already functional here, there is a spate of other developers from nearby area who have showcased interest in this belt. Property in Hyderabad has grown at scorching pace with lots of positive sentiments amongst the buyers. It has lured a lot of investments from NRI Diaspora because of its amazing prospects. It is also expected to fetch higher returns in future.