Everything You Need to Know About Real Estate in Hyderabad
The city of the Nizams, Hyderabad, has become a prime destination for home buyers. The affordable real estate prices and the rapid growth of IT hubs have rung in this trend. Today, the city is home to some of the top IT companies in the world. When it comes to investment, most people stick to mutual funds and bank fixed deposits.
But if you know how to use real estate as an investment tool, you can profit from it too. And, if you have the patience, it can even outrun your expectations. If you are looking for residential property in Hyderabad, PBEL City has a wide range of housing options. PBEL City Hyderabad offers luxurious 2 BHK and 3 BHK apartments. It also has an in-house playschool for your child along with the best in class sports arena.
Here are the top four reasons why you should choose Hyderabad to buy your home:
# Low cost of living
The cost of living is a crucial factor when you make any real estate investment. But this is not the case with Hyderabad. Even though it is a metropolitan city, the lifestyle is cost-effective.
In fact, in Hyderabad you can enjoy all the conveniences of a big city without shelling out too much. And if you choose a property like PBEL City, you can live luxuriously without much of a pocket pinch.
# Employment opportunities
Most young people are more inclined to setting up home in locations that have employment opportunities. Like Bangalore, Hyderabad has also become the preferred destination for the IT industry.
This has led to the creation of more jobs and spiked the demand for real estate. Thus an investment in property in Hyderabad is guaranteed to give you good returns.
# Excellent infrastructure and connectivity
Hyderabad’s infrastructure and connectivity have transformed remarkably in the last few years. The city’s promising infrastructural growth rate is increasing every year. The growth of IT and non-IT enterprises can be observed in popular places like Gachibowli, HITEC City, and Nallagandla.
The Outer Ring Road (ORR) is one such development project that has maximised road connectivity around Hyderabad. The inclusion of the Metro Rail across the city has boosted the connectivity options further. Coupled with government’s support the property market is all set to grow. So, whether you buy a home here or keep this as an investment, it will be a lucrative venture.
# Real estate in Hyderabad offers good returns
Real estate prices in Hyderabad are only rising. The need for land and homes is always increasing in this big city. For example, places such as Kukatpally saw a 7% rise in prices while it was over 4% for HITEC City. Those who have already invested here in Hyderabad, needless to say, are reaping handsome returns. Besides this, major corporate players such as Apple, Google, and Amazon are setting up their businesses in the city.
Hence, a real estate investment in Hyderabad promises a great return in future. Look out from gated communities like PBEL City, Hyderabad. These are great for renting out and ensure great resale value too.
So, without further delay, look for a suitable opportunity and invest in the property market. Buying a home is easier than ever before. You can get your home loan approved in no time. Both banks and non-banking financial companies (NBFCs) offer loans at good interest rates. NBFCs like Bajaj Housing Finance offer home loans up to Rs.3.5 crore and top-up loans up to Rs.1.5 crore.
By now that you know that Hyderabad is an ideal investment destination. So, keep the above points in mind and check out some excellent flats for sale in Hyderabad. In case you want an apartment, PBEL City Hyderabad offers some amazing flats at attractive prices. Truly, your new property in Hyderabad will be worth every penny.