Hyderabad,
the sixth most populous urban city, has a tradition of rich culture and
heritage. Apart from being a
metropolitan city with lot to see and explore, the city is a booming IT hub. A
lot of people are moving in the city in search of job opportunities which has
propelled the growth of real estate in the city with people looking for affordableflats in Hyderabad. Apart from the BPO, IT and ITes companies, the city also
houses pharmaceutical and biotechnology industries. All these factors have
contributed to the city being a favorite destination of the real estate
developers and investors who see a lot of prospect in the city. In the last few
decades, the real estate sector of Hyderabad has experienced a panoramic
growth. There is high remand for residential properties in Hyderabad because
more and more people are interested to settle down in the city. In terms of
capital values, there has been a steady and healthy appreciation for properties
in the city.
Hyderabad
has well planned infrastructure that gives the real estate a boost. The
international airport at Shamshabad is a reason why the city experiences a lot
of attention from the investors. With good connectivity to all parts of India
and abroad, the city sees an influx in the population due to a number of
reasons.
However,
the years from 2008 to 2010 saw a descent in the real estate capital value
because of the global financial meltdown. Though the prices came down a bit,
the real estate sector of Hyderabad has recovered very fast and the prices are
increasing by leaps and bounds indicating a steep rise in the capital values of
the residential properties in the near future.
The
real estate of Hyderabad is experiencing a heavy demand backed by the job
opportunities, geographical location, cost of living and favorable climatic
conditions of the city. The third quarter of the year 2008 saw a 15% rise in
the prices per sq ft when prices increased from Rs 1,000 per sq ft in 2000 to
Rs 3,100 per sq ft. The last two years also shows a positive trend in the
prices of properties – both residential and commercial. There has been a
remarkable improvement in the sentiments of the buyers too and people are
interested in buying affordable flats in Hyderabad. The good news is, Hyderabad
is a city with well-planned infrastructure and there are quite a number of
choices available when it comes to affordable flats in Hyderabad. The demand is
rising, especially for 2 BHK flats. For guaranteed returns in the future,
investing in the properties in Hyderabad is a good option. The renowned developers are coming up with
high-end projects with all world-class amenities to meet the demands of the
potential home buyers.
In
the coming years, Hyderabad is going to see a remarkable growth as a large number
of big projects – hotels, IT parks, residential townships etc. are coming up.
The important areas of the city like Jubilee Hills, Banjara Hills, Madhapur,
Gachibowli etc. including the outskirts like Manikonda, Gopanpally and
Nanakramguda are the hubs of investment. For the buyers who are in the lookout
for apartments, independent houses, villas or plots, there are adequate
choices.
Vasathi Housing is purpose built to be a dedicated national level player in India's "Affordable Luxury Housing" residential market segment. Based in Hyderabad, it is one of the early entrants to recognize and bring to bear, the concept of “Affordable Luxury” in India.More Information About affordableflats in Hyderabad Call Us +91-8297001232
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