Now the final steps are being taken to the new Indian state
of Telangana, there are new opportunities in Hyderabad’s real estate industry. Now
the decision about a new state in India has been finalised, there is money to
be made from Hyderabad property.
For premium property buying, Hyderabad’s high-class area
Banjara Hills is one of the obvious considerations for the property buyers. Banjara
Hills offers properties at high rates as compared to other upcoming places that
are also proximity to IT parks such as HITEC City. Banjara Hills has maintained
its fourth position in the chosen rental list with the city’s high-end
residents preferring to continue their stay in the locality.
Nanakramguda and Madhapur are in proximity to IT/ITeS hubs,
such as Gachibowli and HITEC City are witnessing consistent grow in property
values. Owing to the proximity to these IT hubs, real estate in Nanakramguda
and Madhapur have picked up fast. The areas are seeing close to 5-10 per cent
appreciation in capital values in the last one year. People who would like to
stay away from commercial space and yet close to it are looking for residential
space in Nanakramguda and Madhapur.
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