Abundant real estate developers are building budget-friendly real estate project in Hyderabad. The improved infrastructure and incorporating all residential amenities are increasingly making Hyderabad the heaven for home buyers.
Hyderabad, 5th February 2017: Hyderabad is increasingly evolving as one of the dream destination for home buyers. The performance of Hyderabad in real estate was impressive in 2016. The situation is increasingly developing due to numerous small and big initiatives were taken by the state government. The government has also encouraged private players to invest more into the real estate market of Hyderabad. 2017 is about to start with a positive note for the real estate market of Hyderabad. Numerous housing options are available for every budget and all modern amenities, multiple facilities are amalgamated for ideal housing condition for improving customer sentiment.
According to AS Sivaramakrishnan, head of the residential services, CBRE South Asia Pvt Ltd, the future of Hyderabad’s real estate industry seems prosperous and improved infrastructure will help developers to incorporate home buyers demands. As per Mr. Sivaramakrishnan, the demand is going to concentrate on mid-end and high-end projects in the city and the neighborhood of Hyderabad.
He also added that the under-construction Metro Rail Project is likely to attract more investor to invest in real estate and housing projects. The Metro Rail Project is likely to connect important residential and commercial hubs across the city. The main objective of the metro rail project is decongesting important parts of the city and decreasing the commuting time. Other than metro rail project, other developmental projects are working as catalysts to make the city a favorable destination of real estate giants.
13 growth corridors with 158 Kilometer long ORR will add up zeal to the real estate development of the city. Technology concentrated zones and developmental zones along with these corridors will enhance the value of residing near these corridors. These characteristics are expected to lure investors and buyers from within the city to the outside as well. This city has successfully lived up to its Global Business City brand status. Multinational important conglomerates like Apple, Amazon, Uber, Google, and numerous start-ups and Pharma companies have their office at Hyderabad which has already made it one of the dream destination of the young workforce from different parts of the country. So in this situation, a developed residential status is need of the hour.
Author: Somdeepa Bhattacharjee
Somdeepa Bhattacharjee has a total experience of five years in the Content Editorial, Online Community and Internet Marketing domains. As a part of the content team of a3solutions.in, she develops research-oriented stories and News Articles on recent market trends. She has a proven strong analytical skill in her Articles which help readers to understand real time scenario of Realty Market. In her free time, Somdeepa engages in Blogging, Trekking, Reading Classics and Photography. She really fond of Entrepreneurship, Travelling and Foods.