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.
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