Hyderabad’s real estate market is showing potential growth year-by-year in all kinds of real estate properties, including residential, commercial, and industrial. The city of Nizam is now renowned as an all-rounder-developed yet an affordable metropolitan city. Yes, it is the only affordable metropolitan city even today despite providing all the luxury, state-of-the-art infrastructure, and security.
If you are looking forward to affordable and growth potential plots for investment, Hyderabad is the place for you! But before you start your hunt for the right location for investment, here are 7 factors of buying land in Hyderabad that act as a guide to land at high ROI generating and convenient plots.
Why consider investing in Hyderabad?
Hyderabad is becoming an increasingly attractive and lucrative option for investing in land. With its burgeoning IT industry, growing business opportunities, and vibrant cultural heritage, Hyderabad offers a unique combination of reasons for investing in property. Here are a few factors why you should think about buying land in Hyderabad:
1. Economic Growth
The city has seen a surge in economic activity in recent years due to the growth of its IT industry. It has increased many people’s job opportunities, higher wages, and improved living standards. Investing in the land now could be very beneficial as the economy is expected to expand well into the future.
2. Increase in Property Prices in the Future
The increasing demand for housing is expected to increase as many more IT and other industrial sectors expand their hub in Hyderabad. Keeping the rigorous development plan of the city in mind, the real estate industry is experiencing growth by leaps and bounds with an assured increase in land appreciation value.
3. Undivided attention by higher authorities
The CREDAI real estate authority and the Telangana government are paying attention to growing Hyderabad’s real estate market.
The growth spurt in Hyderabad
The CREDAI president of Hyderabad, Mr. P Ramakrishna Rao, recently declared the full-fledged development plans of west Hyderabad. This part of the city is going to witness rapid infrastructure growth and real estate investment opportunities at an affordable price.
CREDAI has declared Hyderabad as the best investment destination at an affordable price for the upcoming 2 years, after which a huge ROI is expected in the same region due to infrastructure development and an increase in job opportunities in Hyderabad.
These are some of the significant reasons to buy land in Hyderabad. They are pocket-friendly, show excellent growth potential, and have access to world-class infrastructure and amenities.
7 Key Factors To Know While Buying Land In Hyderabad
The factors to consider while buying land in Hyderabad are numerous and should not be taken lightly. To make sure that your purchase is a smooth and secure one, here are the 7 Key Factors you should take into account:
1. Properties
Before proceeding with the purchase, you must check if the property has all necessary documents, such as title deed, lease deed, and building permit. It is also important to ensure that there are no encumbrances on the land or other legal issues.
2. Location
Your property’s location significantly impacts its overall value, so choose an area that fits your lifestyle needs and budget. Factors like proximity to public transport, workspace, connectivity, and generic facilities such as hospitals, grocery stores, shopping malls, restaurants, etc., should be considered.
3. Zoning
Make sure the land is zoned for the type of development or use you have in mind. For example: if you invest in a plot that does not permit the construction of a high-story building, then the investment goes in vain. Therefore, research in depth before investing in a type of plot that legally permits you to use the plot as per your desire.
4. Topography
Consider the land’s topography, slope, soil type, drainage, and other basic facilities like water supply and electricity. These factors can affect the cost and feasibility of developing the plot. Also, check if the land has any environmental issues, such as contamination or flooding, that could affect your ability to develop and rehabilitate it. Having these facilities intact can bring in easy tenants allowing a steady flow of income for you.
5. Title
Verify the land’s ownership and title to ensure it is being sold legally and that there are no ownership disputes. Check to see if there are any encumbrances to prevent any future legal problems. To avoid such problems, keeping real estate developers or experts in the loop is always preferable. They thoroughly investigate the situation to offer their clients the most direct real estate investment experience possible.
6. Security
Security pares higher than any other factors of buying land in Hyderabad. Investing in gated communities has been an area of interest for millennials as this township assures 24*7 camera surveillance security and other security management systems like building management apps, visitor tracking systems, and much more.
7. Future developments
Consider future development in the area, as this may affect the value of the land. Investing in a region with other development plans, such as shopping malls, restaurants, gated communities, and much more, directly impacts your property’s growth potential and land appreciation value. As a result, always prioritize investing in areas with future development plans.
For instance – Investing in Shad Nagar promises good ROI and appreciation value as the area’s growth plan is pipelined, such as the proposed regional ring road, which is also close to popular recreational, religious spots, and business quarters.
Leading real estate plots in Hyderabad
The rising availability of job opportunities in Hyderabad is increasing the demand for residential properties in Hyderabad. Some of the trending residential real estate plots in Hyderabad are
All these locations have HMDA-approved and RERA-registered residential plots for investment within gated communities by G Square Housing. We are South India’s largest real estate developer spread across various cities, providing luxurious amenities, a convenient lifestyle, and an upgrade in the standard of living at the same price as any other independent property.
These places are in the developing stage and come at a very affordable price. Several development plans pipelined in these regions assure good land appreciation in the future. The gated community provides access to several amenities such as a swimming pool, library, mini theater, sports academy, walking park, kids play zone, gym, and more.
The idea is to provide all the necessities within the township to help people regulate their hobbies and habits to adopt a healthy and luxurious lifestyle. We strive to provide this to our investors. Gain more details regarding these gated communities through our website.
We have various investment options available at various other cities like –
Conclusion
So, these are the key factors to know when buying plots in Hyderabad. Considering these pointers can help you land the plot of your dreams. To simplify the whole process, you can always get expert guidance.
G Square Housing is South India’s largest and Tamil Nadu’s No.1 real estate developer. We have helped several families invest in the plot of their dreams. We can help you settle in your dreamland in Hyderabad too. For more information on investment opportunities in Hyderabad or south India contact us today through,
Call +91 8939540008
Website G Square Housing
