After agriculture, real estate is the highest rising
economy, which has given many productive results to a number of investors. With the creation of new state have arisen
new opportunities for realtors as well as investors. Properties in Hyderabad
currently are extremely undervalued, if compared to other tier-1 cities like
Chennai, and Delhi NCR.
There is a high scope for the Hyderabad real estate market to flourish and be at par with other
metropolitan cities. In the last quarter of 2013, city's Housing Sentiment Index
(HSI) underwent an appreciation of 22% as compared to the previous quarter;
this clearly specifies that the buyers' sentiments have improved and an average
purchaser seems to be more receptive. HSI catches the mood of the buyers, and a
decent value of 101 indicates that the real estate buyers are coming out of
their shell.
Some of the important aspects that have driven investment in
Hyderabad realty include:
- o Good infrastructure, better connectivity with other cities, moderate climate, and modern features like malls, multiplexes, entertainment centers and others have made the city a favorite place for the investors.
- o The IT boom has also resulted in a rapid increase in the real estate in Hyderabad, with requirement of more space for office complexes and residential places, not to forget recreational centers and shopping malls. The increase demand has consequently led to an increase in the prices too, whether it is a commercial property or a residential one.
- o Development of SEZs has proved to be a prime factor in the development of the city.
