Learn the Facts of the Hyderabad Real Estate Industr

It is no rocket science that every smart people invest their money in some way or the other. Property investors have one destination that will not disappoint them — Hyderabad. Undoubtedly, Hyderabad Real Estate is one of the hotspot for investors

Hyderabad, The capital of newly formed state, Telangana in 2014 is witnessing a Real Estate boom as compared to most of the other major cities.

There are good reasons on why people want to put their hard-earned money in Hyderabad Real Estate. But before getting into it, let us discuss in brief regarding Hyderabad Culture and heritage.

Culture and Heritage of Hyderabad

The city of Hyderabad which is the previous capital of Hyderabad State had gotten the regal support for arts, literature and engineering by its previous rulers. Additionally it also attracted men of letters and arts from various parts of the world to get settled in the city. Such multi-ethnic settlements advanced multi-cultural affairs, for example, Mushairas, abstract and stage show. Other than the prominence of Western and other Indian famous music’s, for example, the filmi music, the inhabitants of the conurbation play city based Marfa Music which had turned into a vital piece of each occasion. University of Hyderabad and The Osmania University offers PhD level projects in established with respect to various arts.

A distinctive Indo-Islamic engineering style with some local involvement is reflected in structures of Hyderabad, making it the foremost and “Best Heritage City of India” as of March 2012. The city houses numerous popular authentic sites developed amid Qutb Shahi and Asaf Jahi period, including different mosques and royal residences. The Qutb Shahi style of engineering since the fifteenth century, showed itself in epic curves found in the Charminar, Mecca Masjid and Charkaman. Qutub Shahi’s worked with monstrous stone dividers utilizing rock and lime mortar as the main ingredients.

Real Estate in Hyderabad

In the nineties, the Nawab city of India, a detailed Urban planning was designed followed by strategic economic projections. Creation of the new international airport with connectivity across the globe, and a 500 feet, 8 lane covering 158 kms outer ring road which connects the whole city; HICC- a state of the art convention center which can accommodate 3000 people at a time, played a very important role as Hyderabad was ahead of time in taking these major decisions.

In a short span of 15 years, we could compete with the best commercial destination- Delhi, Mumbai & Bangalore in India.

In the last 3 years, the industrial policy of State Government TS-iPass has brought a revolution. Telangana State has approved 5,469 industrial units which brought a total investment of 17.5 billion dollars and created nearly 400,000 jobs. He said it is mandatory under the TS-iPass policy to grant approvals within 15 days and in case of failure, the approval is deemed to have been given.

At present, amongst all the metropolitan cities, you will find only Hyderabad Real Estate which will not disappoint you as an investor.

Why Hyderabad?

World’s top Corporates & Retail giants are setting up their campuses/ stores in the city – The reason-  a positive outlook after the formation of Telangana in 2014. A very pro-active government, who has the belief of giving the best to its people of Hyderabad. The government has concentrated on making the city a safe place for female & children; schools & institutes which gives the best education with affordable fees.

Other major reasons being world class infrastructure with wide roads, well-connected Metro rail, leading to less commuting time; low but quality life style living for all age, gender & income groups; well-designed clubbed with top construction and affordable price of property, stable & sustainable return on investment, bearable climate across the year, has made Hyderabad a talked about destination across the world.

Also, as more and more number of population is moving in the metropolis gradually, you can also make good money by renting or leasing out your property.

Here is a comparison sheet of the major cities in India:

By Economic Times, Mar 21, 2018

By Economic Times, Mar 21, 2018

Impact of RERA and GST

With the implementation of RERA and GST, the major two advantages which the sector has gained is that there is more transparency when you are buying a property and the tax structure is simplified. This encourages more and more people to invest their hard-earned money in Real Estate.

Where to invest in Hyderabad Real Estate?

This is a million-dollar question. But the answer is very simple. If you are going to purchase a property for end use, then obviously, the location shall be in the area near to your office, having all facilities like supermarket, hospitals, schools in close proximity.

But if your purpose is for investment, then the area nearby Hi-Tech City and Gachibowli are the best locations for the same. The reason for it is that this part of the town is the new IT hub in the country. Many IT companies and other industries are coming to Hyderabad and they prefer their office mostly in this part of city.

This doesn’t mean that other areas in the city should be neglected or doesn’t give any worth. But again, you must be aware that there are number of factors which play a crucial role in deciding the best property for you whether for end use or for investment purpose. Thus, the decision should be taken very carefully.

Manassure strives hard in keeping themselves updated in all aspects like market demand, availability and more. This helps us in delivering the best service to the clients and caters their needs.