Investing in Apartments in Hyderabad at a Gem of a Locality

As exciting as investing in real estate can be, it may get even better when investing in some neighborhoods. Banjara Hills at Hyderabad may be one such real estate investment destination. Whether you are looking for new projects in Hyderabad or to invest in ready to move in properties, you won’t be disappointed by what’s in store for you at Banjara Hills.

Prices at Banjara Hills have been steadily appreciating over the past few years pointing to a locality where residential property is in high demand and is likely to continue to be so in the future. Prices here have appreciated by nearly 23 percent over the past 3 years with the most rapid increase in value occurring within the last 24 months. Real Estate prices here now stand at over 9,000 rupees per square foot but the locality has a wide selection of properties ranging from budget homes to luxury ones to suit buyers with different budgets who are looking for apartments in Hyderabad. 

The locality has almost a carnival feel on weekends with a large number of high quality malls and shopping arcades in the vicinity but Banjara Hills does not compromise between modernity and nature as there are also a large number of parks in the area and no shortage of greenery either. With 15 upcoming projects in Hyderabad located at Banjara Hills, the region is a stalwart symbol of growth and progress in the city of Hyderabad and offers a glimpse into a future awaiting the rest of India.

Homebuyers looking for luxury apartments in Hyderabad may have a difficult time choosing from the wide range of high quality 3 and 4 bedroom luxury flats available at Banjara Hills, most such ready to move in developments have been constructed over the past 5 to 10 years with a few that are much older pointing towards the more recent emergence of many developments at Banjara Hills and perhaps to a more recent evolution of the locality as a home to such developments. A 3 bedroom flat at Banjara Hills at an established development may cost the buyer in excess of 3.5 crores and a larger 4 bedroom apartment at the same development may set you back well over 4 crores.

The prices of such luxury apartments in Hyderabad coupled with rising prices at such developments almost certainly indicates that demand for apartments in parts of the city like Banjara Hills to be strong and likely to continue to be so in the future as well.     

The existence of localities such as Banjara Hills at an internationally lesser known city like Hyderabad is an important symbol of the might of the Indian economy in general and of its prowess in information technology in particular. It is a good bet that many of the multi crore homes at the locality are owned by highly educated and skilled technology workers and that many more in the future too will happen to be so. 

The fact that the lifestyle now within the means of most educated Indians was undreamt of even a generation ago signifies the rapid transformation occurring in our midst; we can either become a part of the transformation or, if as a nation we act hastily without adequate safeguards for those unable to participate in the transformation taking place, be torn asunder by it.