Hyderabad Real Estate Trends in 2015

Hyderabad Real Estate Trends in 2015

Hyderabad is one of the most affordable residential property markets among all of the country's top 7 cities of NCR, Mumbai, Bengaluru, Chennai, Pune and Kolkata.This metropolitan city has been already  known as the second silicon valley of India after Bengaluru and has emerged as one of kind an IT/ITeS and biotech destination.This City is  Not only is it the administrative, financial and economic capital of the state of Telangana and Andhra Pradesh but also the largest contributor to the state's GDP.

Due to political uncertainties are down, A number of proposed infrastructure initiatives are expected to further fuel the growth of the real estate sector in Hyderabad city. Outer Ring Road (ORR), an eight lane expressway is being built in the city and work is in progress on the last stretch between Shamirpet and Pedda Amberpet. A large part of the ORR is already operational providing good connectivity with Shamshabad airport. The ORR provides a circular connectivity with the city and helps in decongesting the Inner Ring Road and major arterial roads. Hyderabad Metro is also under construction, Phase I of the project will connect Miyapur and LB.Nagar, Nagole and Shilparamanam, JBS and Falaknuma. Unlike the ORR, the Metro cuts through the city connecting north with south and east with west in a linear manner. Besides, the proposed Hyderabad Metro Rail Information Technology Investment Region (ITIR) is also expected to boost the real estate development in the city. The ITIR would include special economic zones for the IT/ITeS sector, export oriented units, industrial parks, free trade zones and  warehousing zones. Despite having all these  constituents in place for a successful real estate market, the city has still not got its due.

Hyderabad has been reeling under abundant uncertainties most of which emerged due to political upheaval. As a result of this, the state of the market has remained the same since the past five years. But now political uncertain down ,Economy growing, this is right time to invest in Hyderabad

Within Hyderabad, Manikonda is most demanding real estate market due to its closeness to IT /ITes Industry.

More and more Projects are coming in this area.

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