Hyderabad has been experiencing a boom in real estate in the past half a decade or so. The city has been rated the highest in various indicators, including GDP.
A city that has turned its fortunes has seen real estate investment also rise in popularity. And all this has led to it being named in the JLL City Momentum Index 2020s most dynamic global city.
Well connected with public and private transport facilities -the city is located in the southern part of the Indian sub-continent close to major cities such as Bengaluru, Chennai, Mumbai, etc.
What do the real estate facilities speak of Hyderabad - the city of pearls?
It has the best access markets for 1bhk to 4 BHK properties all across the city. Investment plan in Hyderabad or want to purchase affordable and luxury flats with the best amenities & attractive prices? Then, apartments in Hyderabadfrom Ramky Estates are the place where you must be home hunting.
The investment industry for real estate in Hyderabad is booming today. So, invest in Hyderabad's premier real estate project - let’s find out more on this agenda in today’s blog.
Reasons you should invest in Hyderabad real estate market
● An emerging IT hub, blue Chip companies, and the emergence of start-ups Global giants in the city, a huge influx of professionals from Hyderabad, the IT hubs are collectively responsible for creating the demand for real estate in Hyderabad.
New investment opportunities for a property have been created mainly due to the IT hub's expansion-leading to more requirements for office spaces, residential and commercial properties, and co-living areas.
Food for thought! Real estate investment will not be affected by the large consumer demand and will only aid in strengthening the base. So, invest in Hyderabad's premier real estate projects?
● Government Policies on real estate
Attractive tax benefits to customers grant them better investment opportunities from the state government.
Remember Diwali 2020? Hyderabad sure does! the Telangana government had offered a 50% reduction in the property tax for property owners ranging from Rs. 10,000 to Rs. 15,000.
The implementation of government policies like RERA, GST, etc. has worked in favour of people coming forward for investments or buying/selling a residential home. Still, thinking? invest in Hyderabad's premier real estate projectstoday
● Advancement in infrastructure leads to a better quality of life
Statistics reveal a lot of good support from the state government from an investment point of view - be it for yourself or business purposes.
The Telangana state government has spent about 63% of the total budget allocation on economic and infrastructural development involving the development of the urban and suburbs, construction of roads, bridges, sewerage, civic amenities, and housing.
Future plans sound strong too. The city plans to have an underground drainage network, a proper road network for connectivity, a water grid, and two more ring roads conjoining with the outer ring road for a better commute for the residents of the city.
Things like this are propelling Hyderabad as the newest technology hub in India where existing global giants and many more companies expressing interest in setting up a business in Hyderabad terming it a good long-term investment.
● Affordable costs of living
From rentals to investing in apartments or investments on plots, Hyderabad is still at an affordable rate compared to other developed cities in the Indian subcontinent.
For a fact! Some localities that are within a distance of 10kms from the major IT hubs are quoting property prices at Rs. 4500/sqft making it more affordable to have a happy living. Thus, the surge in an increase in demand for residential properties in Hyderabad. Speaking of pure investment in real estate, lands in Hyderabad are available at a much cheaper rate which has encouraged real estate developers to invest and build more residential projects.
The bottom line…
Ramky Estates and Farms is scaling itself up time-to-time to meet the growing demand in the city of Hyderabad because we wish to build a network of projects/investments where buyers are happy with their real estate investments(be it purchase, sale, rent, or lease) coupled with world- class amenities unlike any other projects in the town.
The motto is to scale up with the growing and scaling up in the ever-increasing market, Hyderabad is becoming a world of opportunity because of the city's ideal location and the climate attract investors for many reasons, including affordable pricing and tax benefits. After all, Hyderabad is certainly a great place to invest in 2022.
Hyderabad gifted India proud movements, Hyderabad has bagged the distinguished ‘World Green City Award 2022,’ beating 18 towns including Paris, Bogota, Mexico city, Montreal, and Fortaleza in Brazil on Friday on the International Association of Horticulture Producers (AIPH) 2022World Green City Awards 2022 held in Jeju Islands, South Korea. The Rain Garden in Begumpet developend by HMDA below the Begumpet flyover on the intersection of Kukatpally and Yousufguda Nalas received the award within the first category, at the same time as the network of absolutely mechanised secondary series and delivery points were offered inside the second category.
Think no more - invest in real estate in Hyderabad for a better tomorrow with Ramky offering luxurious and spacious homes in a convenient location. With unlimited job opportunities and infrastructural advancement, Hyderabad is indeed experiencing a boom in residential projects compared to the other metro cities across the nation.