Luxury properties have long been considered a valuable, high-appreciation investment. Choosing the right location for your property is one of the most important aspects for consideration. In Hyderabad, the Chandanagar area is a rapidly growing area not only in terms of residence but also as a probable investment opportunity. Because of this high window for growth, flats for sale in Chandanagar, Hyderabad are a strong investment opportunity.
As demand for luxury properties increases, it is important to consider certain factors in order to select the best flat in Chandanagar for you; and know why Chandanagar should be on your shortlist.
Investing in a growing location rather than already established areas is a better option as property rates are lower compared to the latter. The potential for growth in the value of the property is also higher in a developing area than in an established location.
Chandanagar being very closely located to the IT hubs in Hyderabad (HITEC City and Gachibowli) makes it an extremely favorable location for an investment opportunity or a dream home where senior level executives would want to reside.
Areas, where large companies or corporations are relocating or already exist, are ideal for property investment. The existence of companies or business will increase the value of real estate in that area due to housing requirements of the employees. Locations with a wide-range of employment opportunities always attract more people. If you notice an announcement for a new major company moving to the area, you can rest assured that there will be more tenants you get for your property.
Major industries like Bharat Heavy Electricals Limited and International Crops Research Institute are also located in Chandanagar. The area being close to HITEC City and Gachibowli, makes Chandanagarâ€™s real estate more open to MNCs taking over the area.
With the Chandanagar railway station, connectivity to public transport gives an added advantage to the property. Anyone looking for a rental property or for purchase looks for a well-connected hub easy access to major roads and transportation. It is always ideal if the markets are nearby.
Chandanagar is well connected to both the Old Mumbai Highway and the new Mumbai Highway. The area is also connected to the other parts of the city via the bus service.
Always check the availability of hospitals and schools in nearby areas. Anyone, who decides to live there, would want basic facilities like schools and hospitals nearby. An area with reputed schools and specialty hospitals will command additional value.
Many reputed colleges and schools near Chandanagar including Indian School of Business (ISB), Indian Institute of Technology (IIT) and International Institute of Information Technology (IIIT) make it a convenient location. The hospitals near Chandanagar include Apollo Clinic, Pranam Hospital, BHEL Hospital, and Mythri Hospital.
The availability of modern, world-class amenities adds great value to the worth of your luxury property. A luxury apartment in a gated community would offer amenities including a swimming pool, clubhouse, open recreation areas and playgrounds for kids. For increased value, flats in Chandanagar built by a builder of repute would be the best opportunity for your investment.