Hyderabad Real Estate: Hyderabad is known for its commercial real estate which has grown in the last few years. Business development interest in Hyderabad has brought it into limelight, making it the second largest investment destination in India. Real estate developers in Hyderabad are constantly looking for more ways to continue building projects as the city brings them endless opportunities.
Some of the factors that make Hyderabad the second largest investment destination are mentioned below:
Unbeatable Infrastructure:
Projects in Hyderabad make it one of the most beautiful cities today. The beauty of Hyderabad can only be appreciated by seeing it. The western region of Hyderabad has conquered the financial district with the growth it has achieved. Rajiv Gandhi International Airport, Nankaramgowda area, Flyovers, Genome Valley are some of the highlights.
Strong Civil and Legislative Structure:
Hyderabad is a very clean and safe place where GHMC is the creator and maintainer behind the beauty of Hyderabad. This municipal initiative has resulted in a successful regulation and maintenance of a population of over 8 million within a radius of 650 square kilometers.
GHMC oversees Hyderabad and is one of the largest and most efficient municipal corporations in India catering to a population of over 8 million people spread over 650 sq km. Hyderabad has been awarded the title of Best Autonomous Mega City by the Union Ministry of Housing and Urban Affairs.
Property Price Range:
Hyderabad is the most developed and sophisticated city with real estate properties in the price range of INR.4500 – 6000 per sqft. It is much more reasonable and cheaper than other cities with success rate like Mumbai or Delhi. Commercial real estate prices are very cost effective which is why most businesses choose Hyderabad as their location.
Seamless Business Opportunities:
Hyderabad has become the largest contributor to the state’s GDP and taxes with the largest number of properties in the Special Economic Zone, which has spurred real estate development in recent times. Hyderabad has been ranked the second best city in the country for ‘ease of doing business’ by the World Bank. Hyderabad is the easiest place for overall development.
Preferred Location of Companies:
Hyderabad has the highest number of young talent in all sectors. The urban population has a literacy rate of 81%, of which 71% belong to the working class. The businesses that the overall population caters to are MedTech, Biotech, Pharma, and many more.
Finally, Hyderabad offers a better future of living unlike any other place in the nation. Appropriate investment costs will continue to increase over time as space utility overcomes demand. Make sure you jump in now to see your life change at a faster pace later.