Why Invest in Hyderabad Real Estate Market

Hyderabad, the capital city of Telangana, has received top rankings in indicators like GDP and is tagged as the most dynamic city globally according to the JLL City Momentum Index 2020. Hyderabad is close to major metropolitan cities like Bengaluru, Chennai, and Mumbai and benefits from excellent accessibility to markets. The investment industry highly values outstanding connectivity as it leads to upward trends in property prices because of its proximity to prime markets.

Here are some reasons contributing to the attractiveness of Hyderabad and its flourishing real estate market. 

Emerging IT Hub

Hyderabad has become an important place for the IT industry and therefore attracts a large number of working professionals to the region. This influx of people has created a high demand for real estate and investment opportunities. In the last six years, Hyderabad witnessed a drastic change and emerged as a new tech hub in India. 

The growth of the IT industry has given rise to various investment prospects, such as office spaces, residential and commercial properties, and co-living spaces. Due to the city's substantial consumer base, investing in real estate is considered a profitable option because the tech giants that drive the markets have a strong presence in the region.

Open to New Opportunities

Markets that can adapt to changes and embrace new trends will experience rapid growth. Hyderabad has shown its ability to adopt new technologies and trends, which is evident in the current market. The pandemic-induced digital trends have affected the markets, creating opportunities for data centre markets. The warehousing markets, which are in high demand due to the rise of e-commerce, are supplementing the commercial property market. The e-commerce industry has also adopted strategies like instant delivery, which has increased the need for warehousing. 

This has opened up opportunities for investors to invest in high-grade assets such as warehouses and data centres, which have elevated Hyderabad's position as a leading market. Investing in emerging markets that have the potential for development is wise, and Hyderabad has everything to make it an optimal investment location.

Smart Government Initiatives

The government initiatives have revitalised the sluggish markets in Hyderabad. Policies like 'Look East and North' and 'Integrated Township Policy' have been implemented to strategically disperse markets that were previously concentrated in certain areas of the city. These policies are now driving demand in outer regions and expanding them in a smart manner, which may result in a price increase of land in surrounding areas. To boost development, five IT parks have been approved in these corridors. Hyderabad is making efforts to avoid market saturation and create new investment opportunities, which is a desirable characteristic of any investment location. 

Fast Pace Infrastructure Development

Infrastructure plays an important role in developing the real estate sector, and Hyderabad's Metro Rail Project and Outer Ring Road are connecting the key regions of the city. The Ring Road offers a convenient way to travel to any part of the city with minimal traffic congestion, which has propelled the real estate industry in areas like Adibatla, Ghatkesar, Kompally, and others, appreciating property prices. Thus, urban infrastructure has catalysed city development through enhanced connectivity.   

Diversified and Affordable Property Prices

One of the unique features of the Hyderabad real estate market is the diversity of property prices and affordability. Hyderabad has relatively lower land prices than other metropolitan cities in India. The property prices in various localities in Hyderabad differ due to factors like development, connectivity, property availability, and proximity to the IT hub. For instance, in Narsingi, land rates range from Rs.2,000 - Rs.5000 to Rs.15,000 - Rs.20,000 per sq. ft. This allows a broad consumer base to invest in premium localities like Narsingi at an affordable price, further expanding the real estate market in Hyderabad. 

Final Words

Hyderabad is transforming into a world of opportunities by expanding and scaling up markets. Because of its optimal location and climate, the city is attracting investors for various reasons. This led to the establishment of tech giants like Amazon and other profitable MNCs. So, if you're looking to invest in real estate, Hyderabad might just be the perfect destination!
 


About PropertyAngel

PropertyAngel is a leading O2O (online-to-offline) second landlord platform. We are a Bangalore-based property management company offering professional property management for individual apartments, houses, and villas. Contact us at (91-80-47095974) or (91-7406484455) if you need guidance on how to invest in the right property in Bangalore.

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