Hyderabad is a popular real estate investment destination, primarily due to its developed commercial infrastructure. Hyderabad’s position as home to many leading IT/ITeS companies has had a direct impact on the city’s immense real estate growth. Hyderabad has emerged as one of the best performing residential real estate destinations in India, complemented by strong fundamentals including government stability, infrastructure and economic drivers. While the leading real estate markets including Delhi, Mumbai and Kolkata were adversely impacted by the recent policy intervention and are still stabilizing, Hyderabad has been growing quarter on quarter.
Hyderabad is still the most value-for-money destination in India in terms of real estate and liveability. Here are some of the top advantages of investing in Hyderabad real estate.
Hyderabad has relatively recently transformed into a global commercial hub. The potential for more growth is still immense. As more organizations setup their offices in Hyderabad, this creates an enormous job market and an equally enormous requirement for residential areas. In addition to IT, other sectors including manufacturing, defense and aerospace, financial services, engineering, pharma and hospitality are all flourishing in the state.
Hyderabad has always been a popular real estate destination, primarily due to its developed commercial infrastructure. The past decade has seen numerous projects being undertaken in the residential space, especially high-end and mid-range properties. The factors spurring this growth include the availability of high-value projects with a wide range of amenities, infrastructure and urban migration. The vast availability of quality housing options keeps rental prices at a comparatively lower rate than other metros.
Transportation & Infrastructure
The Telangana government has invested heavily in Hyderabad’s infrastructure facilities and connectivity, which improve the overall real estate climate and ease of doing business in the city. One of the most important infrastructure developments is the transportation and connectivity routes across Hyderabad. The Outer Ring Road allows easy connectivity across Hyderabad, which makes commuting more affordable. The Hyderabad Metro is a 72 km long, three-corridor elevated metro rail project that will provide a major boost to urban infrastructure. The Rajiv Gandhi International Airport has good connectivity to Hyderabad’s main commercial hubs and is regularly hailed as one of the best airports in the world.
Hyderabad’s central location in India gives it advantageous accessibility to other Indian metros. This makes it an appealing location to set up corporate headquarters. The climate is also advantageous for farming which reduces transportation costs for food staples.
Quality of Living
According to Mercer’s Quality of Living survey, Hyderabad has held the top spot for 5 years in a row among all Indian metros. Hyderabad scored well across many aspects including a relatively lower crime rate, good schools, good hospitals, low pollution levels and a flourishing job market.