From Bun roti to Biryani, you name it we have it. That is Hyderabad. The city of pearls and minarets is preferred by one and all for all requirements.
The first destination for any employee across the world. One of the main reasons behind Hyderabad’s real estate market growth is the city’s infrastructure development.
The government has made several investments to improve the city’s infrastructure. This has led to an increase in the number of people moving to the city, which has, in turn, increased the demand for housing.
Thanks to KTR the Minister for municipal administration who has set long-term goals for the development in and around the city.
Despite the impact of external factors including an increase in interest rates and prices Hyderabad residential market continues to experience a robust demand trend while adding, “going ahead, we expect home demand to remain stable as end-users continue to be drawn to home purchases backed by job security, rising household incomes, and savings said one of the prominent realtors in city.
From Jubilee Hills to Madhapur, the real estate growth moved to Kondapur, Gachibowli, Miyapur, Nizampet and then, further to Gopanpally, Nallagandla, Manikonda, and Narsingi. In a cascading effect, the property matters kept turning hot in neighboring areas too and open land, plots, and even apartments came into demand in districts adjoining Hyderabad K Chandrasekhar Rao the CM succeeded in getting the boom for all the lands around Hyderabad.
Now GO111 will also help the farmers in getting some money for the future. People having Barron lands will also become Crorepathis. The rate per acre is running into crores.
It was Chandrababu who paved the way for the Land rate boom and now TRS Government succeeded in sustaining the same for the last eight years.
While the importance of land is rising the demand for flats is slowly coming down.But like a new daughter inlaw the face of Hyderabad keeps glowing.
