Best place to buy residential property in Hyderabad

The Land of Nizam have already been through enough political turmoil and with the split of Telangana, the city is going through the amendments with the hope of optimism flowing from everywhere, which is going to impact the real – estate market in some way or the other…expected in a positive way…and yes…it’s time when you can plan to get a piece of real – estate for you and make the most out of it… If you are thinking to buy apartments and flats in Hyderabad you may consider these areas too apart from Banjara and Jubilee Hills which are soaring quite high with their face value restricting your opportunity to make your investment work smart…but there are upcoming area which may promise better returns on investment

Madhapur

Madhapur is also known as HITECH CITY and the hub of IT/ITes in Hyderabad. This place witness major transition from a village to a happening city center during 1990. Now this area shimmers with the glitter of sophistication and opulence. Price clutching between Rs.3000 – Rs. 5000 sqft, this is one of the premium locality in Hyderabad attracting developers as well as investors. With the proper infrastructure support and available amenities, this is one of the thriving area for the middle and upper class people. Over last five years the price trends range from Rs. 3450 – Rs. 4205 per sqft

Gachibowli

Gachibowli is another IT hub located within the vicinity of HITECH CITY. This area has attracted all the major corporates and conglomerates across the globe like TCS, Accenture, Virtusa, Wipro etc.Located in the North West part of Hyderabad, Gachibowli has started soaring on the residential apartments, alluring the developers and the buyers to make the most of the prevailing and the upcoming infrastructure of the locality. With the present prices ranges from Rs. 3,500 – Rs. 4,000, past five years trend remains somewhere between Rs. 3,344 – Rs. 3,813

Kukatpally

Kukatpally is one of the major residential hub in Hyderabad. Located on the North – Western periphery of the city of Nizams. With the merging from municipality to GHMC, the area has been urbanized with the civic amenities. Kukatpally is located within the close proximity of Hitech City and the IT corridor has made this place as one of the happening place for living. Moreover the dimension of this area has been upgraded with the shopping malls and the civic amenities. The per sq. ft prices ranges somewhere between Rs. 3000 – Rs. 4000 and the five years trend shows the appreciation of the property price from Rs. 2857 –Rs. 3,222

Apart from these major areas, there are thriving localities like Nallagandla, Miyapur, Uppal etc.which look promising as a residential choice for you dream house. Investing in property is always a long term proposition which is nothing less than 5 years down the line. Since Hyderabad had been through lot of socio economic crisis for sometimes and recently things are being sorted, the city has lot of dreams to fulfill and expectations to be lived on. To have an insight about different localities of the Hyderabad and follow the price trends, you may visit to the DATA SCIENCE LAB(DSL) of Housing.com, where you find all the relevant information and the trends about the city. The Price Heat Maps shows the present movement of the property price.

Moreover, Hyderabad is one of the cities dazzling with the flamboyance of art and architectures. The iconic Charminar is one of the main attraction of the city. The gateway to Hyderabad is through the Rajiv Gandhi International Airport which is located within the approximate vicinity of 22 kms.

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Advantages and Disadvantages of Buying a House in Bangalore

Buying a house in Bangalore is the dream of many. This city has become home to the many cultures and people from all walks of life. This has led to a boom in the real estate market of Bangalore as well. Many builders and developers are coming up with many projects and other residential properties in the city. If you actually are on the lookout, you will find many apartments on sale in Bangalore.

There is a lot of good and a little bad that will happen to you if you buy a house in Bangalore. We are not going to discuss the pros and cons of buying a flat in the Silicon Valley of the country.

Advantages of buying a house in Bangalore:

• Wonderful Weather:

Bangalore is known to be the best when it comes to weather conditions. Moderate conditions all year round and also a hill-station like climate and the best in class rains. You will wholly enjoy your stay and life in Bangalore because of the pleasant and also wonderful weather at all times of the year.

• Booming city:

Bangalore is a city that is showing promise in every possible industry that one wants. It is beginning to become the creative hub, it is already the startup capital and none is unaware of the IT development in the city. Having a home in such a city is one of the best things to have. You will have the best of everything in the same city if you buy a home in Bangalore.

• Return on Investment:

As discussed in the previous point, there is progress in every industry in Bangalore. The real estate market is no exception to the same. Prices of properties are increasing like none other and do not look like they are going to go down anytime soon. Buying a house in Bangalore definitely means a profit. Yet again, you have to be careful about the locality you choose and other such things.

• A ‘chilled out’ lifestyle:

If you happen to choose, buy and live in one of the apartments on sale in Bangalore, you are sure to have a lifestyle that is a lot more chilled out. Bangalore has a lifestyle which is not slow in any sense of the word, but is a lot calmer than most other major cities in the world. This can be credited to the pub culture of the city where there are a lot of people who only sit down for a drink for recreation. A lot of the unnecessary grind is not faced by people in the city.

While all of the others were the different pros of buying a home in Bangalore, there are a few cons as well. They are:

Disadvantages of buying a house in Bangalore:

• Physical development of the city:

This is a good thing when you look at it from a development oriented view point. But when one looks at it like a real estate development, they will see that the development of the physical boundaries of Bangalore is haphazard. This leads to the risk of rise and fall of prices at any given time. You will have to very carefully choose where you want to buy the house because you do not want to run a loss at any given time.

• Increasing traffic and travel time:

The traffic design of the city is not commendable at all. There are a few good roads, but for most of it, they are not able to support the growth of the city, making the travel time of the people go beyond normal. Not everyone has the kind of time to waste on the road, and it also causes health problems in the long run. 

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