Hyderabad has witnessed significant growth in the real estate sector in the last two decades. It is increasingly being sought as one of the best places to settle down in India. The city also boasts of a substantial number of Special Economic Zones. Many international and domestic companies have established their headquarters in this historical city.
According to the Mercer Quality of Living Ranking 2019, Hyderabad and Pune have topped the list among Indian cities with a rank of 143. Hyderabad has consistently been ranked as the best Indian city for its quality of living. In addition, low pollution levels, a thriving job market and excellent international schools make it one of the most preferred cities to live in.
Here are some key benefits of investing in Hyderabad’s real estate:
The real estate properties come equipped with modern-day amenities needed for a comfortable living. Some facilities offered by prominent townships include shopping complexes, gyms, clubhouses, swimming pools, sports arenas, ATMs and more. Furthermore, the best international schools, cultural centres, hospitals, etc. are nearby and well-connected for an unmatched lifestyle.
Security and safety
The low crime rate in the city has maintained a steady demand for rental properties in Hyderabad. Moreover, almost all the premium housing projects include excellent safety and security facilities to protect residents. These include CCTV camera facilities, round-the-clock security and latest communication systems in place to prevent mishaps.
Additional Read: What is RERA
Value appreciation and return on investment
A majority of the apartments are located in prime locations or in proximity to essentials. You also stand to benefit from better value appreciation and return on investment if the flat has a location advantage. For example, HITEC city is well connected to all major highways and transit networks in Hyderabad. Thus, Multi-National Corporations (MNCs), commercial establishments and individual homebuyers are always on the lookout for properties close to commercial premises. This is why property prices in the city have a high likelihood of appreciation.
High rental incomes
If you are looking to invest in property or let out on rent, you can earn high rental incomes. Since the apartments provide amenities and facilities to maintain an enhanced lifestyle, such homes generally bring in good rental income. Compared to independent homes, flats can be cost-effective to maintain. This is because the maintenance amount can be borne collectively unlike in independent apartments.
With the number of corporate offices, IT hubs and employment opportunities on the rise, the city’s infrastructure is developing at a rapid pace. This has made the city an investment-friendly zone, especially for MNCs looking to expand. In the coming years, the city will see new flyovers, widened roads, new metro corridors, and other world-class facilities that will further boost the real estate sector.
Additional Read: Stamp Duty on Property
Hyderabad can be a prominent destination for aspiring property buyers to buy real estate. Its strong and on-the-ground capabilities have made it an integral choice for international businesses, professionals and students alike. Given the backdrop, the demand for residential properties is on the rise in Hyderabad. With premium residential projects such as Manbhum – Around the Grove and Pacifica Hillcrest, the city has become a preferred choice for home seekers.
If you are interested in buying real estate in Hyderabad, you can avail a home loan from Bajaj Housing Finance Limited. It offers home loans up to Rs. 3.5 crore on easy EMIs. To calculate EMI, you can use online home loan EMI calculator.