The factors such as competitive property prices, increased office leasing activity and robust infrastructure growth over the years has positioned Hyderabad as one of the most dynamic and most active residential markets in short span of time.
According to the sixth City Momentum Index published by JLL (Jones Lang LaSalle) recently, Hyderabad is ranked second which showcase the regions continued rapid urbanization, strong economic growth, and emerging business hubs. However, the city also offers the lowest office rentals in comparison to other markets including Chennai and Banglore. Unlike other major cities, Hyderabad still has enough space to grow more in the next coming years.
The interesting fact is that; the Hyderabad residential market is highly driven by the presence of other major industries such as pharmaceuticals, electronics, and biotech including IT sectors. According to the Real Estate Company, NK Realtors, “the real estate sector is booming greatly in the year 2019 in the suburbs of Hyderabad. The list of suburban markets is Serilingampally, Tellapur, Kokapet, Manikonda, Rajendranagar, and Nizampet. The reason because these areas have seen a fair share of rising as compared to the previous years.
Hyderabad will continue growth in 2019
As compared to the previous years, the residential market in Hyderabad has made a strong comeback in 2018 and now, there are high chances that the city will continue its growth in 2019 especially in metro and tier 1 cities. Now, the good news is that the Government of Telangana is pushing proactive measures and introducing a more business-friendly environment by implementing various upcoming projects.
The city is expanding its horizon to new areas and different locations such as Gachibowli, Serilangampally by providing 2 BHK flat in Hyderabad with all the amenities and comfort. However, NK Realtors, the largest and preferred vertically integrated real estate service in India provides you complete property solutions from 3 bhk flats in Hyderabad to 4 bhk flats in Hyderabad with an excellent blend of contemporary living which is beyond your expectations. Though Hyderabad is a treasure trove, if you are looking for more than you can definitely get every convenience in the city including malls, major corporate offices, international schools and world-class hospitals which are within a short driving distance.
Those employees or students who are coming from different parts of the world can set up their presence in the pearl city of Hyderabad. This is the right time to hit the iron if you are planning to invest in real estate in Hyderabad. With the presence of Indian blue-chip companies like Infosys, TCS and Wipro and global heavyweight’s companies like Google, Apple, Microsoft, and Amazon are increasingly expanding their base in Hyderabad. Interestingly, almost all the leading real estate builders and developers including NK Realtors have got their projects in different locations by introducing apartments for sale in Hyderabad.
More importantly, with this rapid growth and steady expansion, the city of Hyderabad is exploring all the possibilities and touching every zone in the realty sector. Overall, the new and upcoming projects in the market are ready for coming years which will help the real estate market in its multi-directional growth in Hyderabad.