Why Should You Invest In Land In Hyderabad?
Hyderabad is a well-developed city, as well as the capital city of Telangana. As discussed earlier, it is also one of the most prominent IT and trade and commerce hubs in the country. Many multinational tech companies from around the globe have eyed Hyderabad to set up their Indian offices. With the start-up culture being the centre of the business world’s attention, Hyderabad’s government is also extremely business-friendly, extending its support and encouragement for start-ups and entrepreneurial development with its policies and initiatives.
With a growing economy, thanks to developments in the IT and other sectors, Hyderabad’s real estate market is booming. The growth across industries means expansion of businesses and more job opportunities. This, in turn, increases the demand for real estate, especially commercial and residential spaces. This is to accommodate the growing demand for office spaces and the incoming talent pool.
A few more reasons to invest in land in Hyderabad include –
- There are plenty of job opportunities right now in the city, thanks to the growth of IT and other industries or sectors. Real estate is in demand to meet the office space need of businesses and the residential needs of the incoming talent pool.
- The government is extremely business-friendly, with a plethora of initiatives and policies that extend support and encourage MNCs from around the world to set up offices in the city.
- Hyderabad has excellent infrastructure, including schools and colleges that offer top-quality education and hospitals that provide advanced healthcare.
- The people of Hyderabad are friendly and speak more than just the official language of the state – Telangana. Therefore, it will not be difficult for you to navigate through the city when you move in.
- Transport is streamlined in Hyderabad, with the Outer Ring Road offering access to both the It corridor and the airport and phases 2 and 3 of the metro rail project are also in full swing!
These are a few reasons that will catapult the value of real estate in Hyderabad. Let’s check out some of the best places to invest in land in Hyderabad in the next section.
The Best Places To Invest In Land In Hyderabad
The following are some of the best areas to buy land in Hyderabad –
- Shadnagar
Shadnagar is a well-developed locality in Hyderabad, located on the outskirts of the city. It is well-connected to the prime locations of the inner parts of Hyderabad via the Outer Ring Road, which also gives access to the rest of the city to the airport. The area is located very close to several IT parks, including Indu Tech Zone, Meenakshi Tech Park, V IT Park, and more and therefore has a high demand for both commercial and residential real estate. The availability of schools and top-quality colleges, along with healthcare centres, make it one of the best areas to buy land in Hyderabad.
- Narsingi
Narsingi, a satellite town in Hyderabad, is also a rapidly growing suburban area. With plenty of employment hubs, including the likes of Wipro, Financial District, HITECH City, and more. It is also in proximity to the Outer Ring Road and comprises predominantly gated community projects. This makes it the best area to buy plots in Hyderabad. Narsingi is just 30 minutes from the Hyderabad airport, and it is also surrounded by 3 major metro stations, namely Madhapur, Durgama Cheruvu, and PedammaGudi. The area is majorly a residential area and is one of the best to invest in residential land.
- Manikonda
Manikonda is a prime residential area, just 17 kilometres off the main city of Hyderabad. Several well-established software companies have set up their offices in and around Manikonda. A few of them include iGate, CTS, Microsoft, and more. Manikonda is also located in good proximity to HITECH City (just 7.4 KM), which makes it an attractive avenue for residential real estate investment. In addition to this, Manikonda is also located close to areas like Gachibowli, Jubilee Hills, Shaikpet, and Alkapoor Township and is surrounded by good schools and hospitals. This makes it one of the best places to invest in land in Hyderabad.
- Gachibowli
Gachibowli is one of the prime locations in Hyderabad, known for its proximity to IT parks, including the city’s main IT park, HITECH City. Located just 7 kilometres from HITECH City, Gachibowli is a commercial hub with many businesses and companies establishing their offices in the area. Therefore, it is one of the best places to invest in land in Hyderabad, especially commercial land. Gachibowli is also surrounded by major educational institutes, including the University of Hyderabad, ISB, IIIT, and more, in addition to leading schools like Kendriya Vidyalaya, Euro School, etc. Wipro, Deloitte, CTS, TCS, and Honeywell are a few multinational corporations that are near Gachibowli.
- Tellapur
Tellapur is one of the fast-emerging real estate and a planned residential neighbourhood developed by the Hyderabad Metro Development Authorities (HMDA). Located very close to the Outer Ring Road, it has easy access to Hyderabad’s IT hubs as well as the airport. It houses several posh residential units, including gated communities and high-end apartments, with the homebuyers being majorly millennials. Financial District, Gachibowli, and Hitech City are in good proximity to Tellaput, making it one of the best places to invest in land in Hyderabad, especially residential plots.
These are a few of the best areas to buy plots in Hyderabad. Choose the one that aligns with your investment goals, budget, and, most importantly, the type of plot you want to buy.
Conclusion
If you are looking to partner up with a land developer to make the most out of land purchases in Hyderabad, look no further than G Square. With 10 years of experience, we are South India’s largest and Tamil Nadu’s no. 1 real estate developers, trusted by several individual buyers as well as businesses. For more information, visit our website.
