Thursday, December 26, 2024
L&T Island CoveL&T Island Cove
HomeBlogHyderabad Property Market Insight for 2024

Hyderabad Property Market Insight for 2024

Hyderabad capped the crown of the capital city not just once, but twice. Earlier, it hooded the position of capital for Andhra Pradesh in South India. However, after a long battle for statehood, in 2014, Telangana became a state and Hyderabad officiated as its capital.

Being a state capital for ages, it is a well-established city with modern infrastructure and security in order. But, being a new capital burdened it with responsibilities to cater to a completely new sphere in an improvised manner.

The city is well-known for its quiet and disciplined way of living, but now it is marking its presence more prominently. There are many locations behind the city being a paradise for investors. Here are the places that make now the best time to invest in the Hyderabad real estate market.

Top Localities for Real Estate Investment in Hyderabad Now

1. Kokapet

The locality is one of the top residential areas of West Hyderabad. It is the finest residential locality because of the soaring property prices that have reflected in appreciation costs in the past five years. It is an area that witnessed the flourishing of the IT sector. Thus, the expansion of infrastructure to cater to a large set of residents makes it an affluent area.

Being an IT professionals’ dominant province, property buyers are inclined to luxury apartments at an average cost to the premium segment. The starting price for 2BHK apartments in Kokapet, Hyderabad is Rs. 93 lacs. The property price ascends with a spacious floor plan and unit type.

With a high footfall of migrants here, the city has an opportunity to yield high rental. Thus, real estate investment in Hyderabad especially in Kokapet is a profitable deal. With grand residences and premium amenities, the connectivity here lures investors’ attention.

Strategic Location adds value to Kokapet, Hyderabad Real Estate

Kokapet caters to housing and commercial real estate with thriving offices and residential accommodation. The upcoming infrastructure projects here call for improved and easy accessibility to places.

The well-positioning of the locality on the map of Hyderabad city, Kokapet, is the reason for it being the choicest investment destination. Thanks to ongoing development here, now is the best time to invest in Hyderabad real estate. With seamless connectivity comes swift accessibility to distinguish places.

Kokapet is located adjacent to Nehru Outer Ring Road (ORR) and renders swift connectivity to financial districts. Also, Rajiv Gandhi International Airport is 3km away from the place. Thus, flying in and out becomes easy for residents here.

Location advantage is a big reason to invest in Hyderabad real estate as it curbs travel time. The Kokapet main road and pipeline road are too accessible points. The Shankarpalli-Hyderabad road and Shanthinagar Hyderabad road ensure unclogged travel to places.     

Upcoming Infrastructure in Kokapet, allies to qualitative lifestyle as high net income professionals will seek residence here. Along with the metro corridor and expansion of the road network connectivity is unclogged across the city.

2. Kondapur

Kondapur is a blooming real estate market between Gachibowli and HITECH City in Hyderabad. It is a phenomenal location with world-class infrastructure and robust connectivity. The area is perfect for both IT and Non-IT professionals with high incomes. It is one of the most sought-after locations in the capital city of Telangana.

Lansum Eden Gardens in Kondapur, Hyderabad, offers resort-style living. It is a RERA-approved residential gated community with spacious 3BHK apartments. The giant balconies, modular kitchen, and nooks in each home, confers comfort.

It is a 10-floor high sky-scrapper at a coveted location in Hyderabad. Here, social wellness and privacy envelopes simultaneously. The AC-gymnasium here lets fitness freaks burn calories to attain good health. The quick proximity to IT Parks, offices, and marketplaces amplifies the charm of living in the best location.

The expansive road network and office spaces in proximity to the residential arena make Kondapur, a perfect investment destination. Also, airport isn’t distance away from the location aiming at swift travel in and out of Telangana’s capital city.

3. Kollur

Kollur is a popular location to reside in Hyderabad, Telangana. It has many budget-friendly options and luxury properties too for investors. The robust infrastructure and upcoming development of social infrastructure will contribute to capital value appreciation in the property market.

IRA Aspiration in Kollur is a RERA-registered residential project rendering 2BHK and 3BHK apartments. It is an integrated township nestled on an 8-acre land parcel with top-notch amenities to amplify the modern living experience. Also, the advance security and dedicated sphere for kids, lure families here, as young minds get the much –needed company of friends.

The proximity of Kollur to the financial district and IT Hub leads to the growth of this locality. Kollur is one of the best investment destinations in Hyderabad thanks to its micro-markets. There are several property portfolios to explore according to your budget.

4. Puppalguda

Puppalguda is one of the finest residential locations in Hyderabad for real estate investments. The location is near Dollar Hills, Khizra Enclave, and the Secretariat Colony. With premium properties, there are only 3BHK, 4BHK, 5BHK, and luxury apartments available for sale.

The location is witnessing rapid growth in the market and it also has robust connectivity. Puggalguda in Hyderabad is well-positioned near IT Park and financial districts in the capital city of Telangana. With strict law and order, residents here enjoy a calm and peaceful living address.

There are numerous world-class amenities, wide roads, and recreational spheres to enjoy a quality life. Here, the reputed Samudhara Group introduces Samudhara Palais Royale. It is one of the top properties in Hyderabad with 3BHK and 4BHK apartments as they offer comfortable living spheres.

If you wish to invest in the south, explore these best properties in Hyderabad now. Interestingly, the allocation of the budget for Telangana’s capital city in the Union Budget 2024-25, paces up the development speed.

Hence, now is the best time to invest in Hyderabad to harvest phenomenal returns on investment in the future.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -Godrej Woodscapes

Most Popular

Recent Comments