Hyderabad real estate is one of the top investments in India. While much of the demand is fuelled by senior professionals in the IT/ITeS sectors and HNIs from other Indian metros, Hyderabad is also among the top cities in terms of investments from NRIs.
A key aspect spurring NRI preference for Hyderabad real estate market is the tremendous value available without compromising opulence. Compared to Delhi or Mumbai, real estate in Hyderabad is comparably much larger and better equipped for the same price. Hyderabad real estate offers privacy, customization, sophisticated technology, amenities such as helipads, and professional maintenance. Since Hyderabad is home to IT/ITeS executives that work round-the-clock, it is imperative to provide a safe environment at all times. Hyderabad properties provide 24/7 monitoring and surveillance, combined with stringent checks on non-residents at all access points of the premises. Buyers can expect reasonable prices for world-class luxury homes with state-of-the-art amenities in premium localities.
Many NRI investors are being lured back into the Hyderabad real estate market. It is important to consider certain factors in order to select the best property for you. There are important factors that you should consider before making your investment decision.
Choose The Right Location
The primary factor to consider when investing in Hyderabad real estate is strategic location. Check the area to see if there is any possibility of emergent industries in the locality. Proximity to the airport, transport centres and industry hubs is an important factor. Social infrastructure coupled with surrounding greenery is a great combination. For example, both Nallagandla and Chandanagar are emerging areas that have strategic proximity to the IT and Finance hubs.
Ensure All Modern Amenities
Common amenities that are present in the best Hyderabad properties include abundant recreational facilities, swimming pool, club house, gymnasium and much more. Check the parking arrangements at your apartment. There should be sufficient parking for visitors since an apartment building is unlikely to have an on-street parking. A premium gated community has much to offer in terms of safety, facilities, neighbourly appeal and mostly a luxurious lifestyle, especially if surrounded by lush and green environs.
Environmental responsibility is no longer an optional add-on. World-class properties differentiate themselves from the competition by integrating eco-friendly measures including Zero Discharge, Rain Water Harvesting and Solar Heating. These facilities should seamlessly be applied to the project design. Great care should be taken to reduce, reuse and recycle natural resources and ensure a low carbon footprint. Choosing an eco-friendly property can help address environmental concerns including water efficiency, energy efficiency, reduction in fossil fuel use, handling of waste and conserving natural resources. Most importantly, these initiatives can enhance the health and well-being of residents.
Verify The Developerâ€™s Reputation & Standards
It is always important for NRIs to verify the reputation and track record of the developer. It is safer to purchase a luxury apartment from an experienced developer who has a good track record of trust and transparency. A reputed developer will ensure a high quality of construction. The quality of construction refers to the architecture, materials and workmanship quality used in the building. The quality class depends on the building standards that were used at the time of construction. The best luxury apartments should be meticulously built to the highest standards that will depict your lifestyle and the kind of environment that your family can thrive in.