Top Localities to Buy a Home in Hyderabad
Hyderabad is one of the fastest growing employment hubs in India. With the influx of MNCs, the demand for a home has continued to rise. Several localities have registered a sizeable upward demand for homes. This is an indication that the real estate market in Hyderabad is healthy and prosperous.
According to a report, Hyderabad was ranked as the second most dynamic city in the world based on the FDI received. In the past six months, this city has shown a consequent rise in property prices which makes Hyderabad a good city for living as well as an appropriate ground for investment.
Here are few points to understand why Hyderabad is a booming city to buy a home.
Top investment localities in Hyderabad:
Ameerpet: It is considered as one of the residential hubs of Hyderabad. Considering its proximity to commercial centers of the city in the past few months this locality has witnessed a boost in property demand and prices.
Madhapur: Since the metro route was announced along this area, real estate in Madhapur has gradually witnessed a rise. The growth in the real estate market for this area is average, but once the metro will be operational, it will further boost the real estate market. For those who are planning to invest, now is the time.
Gachibowli: Another prime locality of Hyderabad which is a good option for those who wants to invest in real estate. Gachibowli is another IT hub of Hyderabad close to Hi-tec city. This area has grown into a software hub for companies with a number of MNC giants like- Microsoft, TCS, Cognizant, Infosys, Capgemini, Google, Nvidia, ICICI and many more, situated in that area. Due to the existence of corporate offices and developed infrastructure the demand for homes is high in this area. The locality also lies close to some prime areas such as Jubilee Hills, Madhapur, Banjara Hills, Kothaguda, Panjahutta and Kukatpally. One could invest in projects in this area to get flourishing return on investment for a home in the future.
Bachupally: It is also known as pharmaceutical hub as houses and R&D centers for top global pharmaceutical companyis located. This locality is also home to India’s tech major largest training and development center. Not only this, this locality also boasts top engineering colleges. Over a period of years this evolving location will be a beneficiary with regard to an increasing number of residential projects. Now, the authorities are working to improve the social infrastructure as a result, this will lead to an increase in population in due course of time.Hyderabad is a very dynamic city with top localities to invest in real estate. The amazing climate and upcoming metro is an added factor for an upward demand for real estate. Located in the top-notch location in Gachibowli, Hillcrest by Pacifica, offers a high standard of living with a very posh location that suits your needs and lifestyle as well.