Why Hyderabad’s Suburbs Are Becoming Real Estate Investment Hotspots

Hyderabad’s residential real estate market has consistently witnessed higher demand across all segments, as compared to other major cities in India. The real estate market has room for growth because the city’s suburbs offer affordability without compromising on connectivity and amenities. Strategic growth corridors in these suburbs allow Hyderabad’s property market to continue to expand and grow without resulting in surging prices. Demand for Hyderabad real estate is expected to increase as prices will continue to appreciate.

 

The suburbs of Hyderabad are characterised by an abundance of gated communities and integrated townships which are the future of Hyderabad’s urban planning initiatives. The state government has invested heavily in Hyderabad’s infrastructure facilities and connectivity in the suburbs thus making these integrated townships a viable option for home buyers. They offer residents the option of living in a highly organized real estate development that provides a holistic mix of housing with modern amenities, green open spaces and connectivity to commercial hubs. Because of these benefits, the integrated township model is a fast-growing segment in Hyderabad.

 

The past year has changed the way consumers approach buying real estate. The sudden onset of unexpected developments has made many homebuyers take extra precautions and demand greater value from the property. This has led to an increase in demand for suburbs where premium housing is more affordable.

 

As remote working becomes the norm, home buyers are opting for well-equipped spacious projects. There is a growing demand for projects with premium facilities including clubhouses, fitness centres, swimming pools, playgrounds and sports facilities, as well as on-site supermarkets and pharmacies for added convenience and comfort. Homebuyers are also increasingly choosing projects with an abundance of natural surroundings and open spaces which are more readily available in the suburbs.

 

Many suburbs in Hyderabad are gaining interest for their location, connectivity and investment potential. Hyderabad’s strategic growth corridors in the suburbs have buffered the city from market downturns by providing a way to meet increasing demand without the burden of surging prices. Accordingly, there has been a shift towards the suburbs of the city.

 

Both Nallagandla and Chandanagar are growing areas that have strategic proximity to the IT and Finance hubs. While Nallagandla is rapidly developing and becoming a residential hotspot, nearby areas including Lingampally and BHEL Township are also gaining interest. These areas are characterised by their proximity to industry hubs, social infrastructure, transport centres and connectivity throughout the city.

 

Kompally is a developing residential suburb in the north of Hyderabad. The affordability of the locality makes it an attractive option for home buyers. Several companies are setting up their offices in Kompally, thus attracting people from other parts of the city.

 

The southern suburb of Shamshabad is becoming a highly sought-after residential location. Many companies have opened their offices in Shamshabad due to its close proximity to the International Airport. Its proximity to the Outer Ring Road has made conveyance easy throughout the city. The area’s social and physical infrastructure is growing at a fast pace which is increasing the demand for housing.

 

To balance infrastructure development across the city, the state government has proposed the concept of “Look East” which will develop a new IT corridor in the eastern part of Hyderabad including Uppal, Pocharam, Ghatkesar and Sagar Highways. This development will bolster residential real estate growth in the suburbs of east Hyderabad.

Last updated on July 26, 2021

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