Where should you buy property in Hyderabad?
Hyderabad has a versatile, vibrant and booming real estate market in recent times. Hyderabad is all set to witness a boom in property markets with its progress in business and overall industrial development. There are several places which can offer you quality housing solutions in Hyderabad. In spite of Jubilee Hills and Banjara Hills remaining attractive housing destinations, these places are overpriced and saturated due to high capital values. However, there are several comparatively affordable housing destinations which offer great bang for your buck along with all necessary connectivity, social amenities and the like. Hyderabad realty has been boosted by the metro railway project as well. This has benefited real estate markets in places like Nagole, Habsiguda, Kukatpally and Uppal among others. Many a real estate company Hyderabad is coming up with premium projects in strategic locations that you can definitely check out.
The Gachibowli-Madhapur stretch is one destination where you can definitely think of buying property. This stretch witnesses high demand from investors and end users alike. There are several big ticket residential projects being developed in high end and mid range segments in this stretch and prices have also appreciated in a healthy manner here. Kukatpally has benefited immensely from the upcoming metro project and you should snap up property here while it is still affordable. Proximity to the IT hub ensures top notch water and power supply for residents in addition to decent civic infrastructure in Kukatpally. This is a great place to buy property at present in Hyderabad.
Nallagandla is another major residential destination which offers projects are competitive prices. The area has witnessed significant price appreciation and development over the last year or so. Several developers are zeroing in on this area to cater to mid-income buyers. Miyapur is another major area which is catering to this buyer segment since it lies in close proximity to several office destinations and business hubs in Hyderabad. Price appreciation has been quite healthy in Miyapur as well. Uppal is also set to be a major housing destination since the first metro station in Hyderabad is present here and there are several other SEZs and commercial offices present in the stretch as well. Uppal offers comparatively affordable property options to buyers.
These are the best areas to purchase property in Hyderabad and Gachibowli, of course, remains the top choice if you wish to purchase property right in the IT and business hub itself.