Are you looking to buy land in Hyderabad? You’ve got company! Let’s delve into the emerging star of realty. We’re of course referring to the booming real estate market in Hyderabad, a city that perfectly blends tradition with modernity. Hyderabad, often called the “City of Pearls” or “Cyberabad”, has witnessed a remarkable surge in its real estate market in recent years thanks to its robust infrastructure, thriving IT industry and rich cultural heritage. Read about the growing real estate trends in Hyderabad as we explore the key factors and unique selling points that make it a real estate centre to look out for.
The Growth of the Real Estate Market in Hyderabad: A Decade in Numbers
Over the past decade, the real estate market in Hyderabad has experienced significant growth – the city has observed a 200% increase in investment! This growth in investment in Hyderabad real estate has attracted both national and international investors. Between 2011 and 2021, residential properties in Hyderabad have seen annual price growth of roughly 8%, while commercial properties witness a growth rate of 15%, leading to substantial returns on investment for homeowners and investors alike. With an approximate 35% increase in population between the years 2010 and 2020, we have also seen a substantial rise in the construction of apartments, gated communities and integrated townships.
Why the Increase in Investment in Hyderabad Real Estate?
1. Robust Infrastructure
One of the driving forces behind the growth of the real estate market in Hyderabad is its remarkable infrastructure. The city boasts an extensive network of well-connected roads, flyovers and highways, making navigating through different parts of the city breezy. This connectivity is further enhanced by Hyderabad’s international airport and the upcoming metro rail project. Efficient public transport is a key component of Hyderabad’s real estate success story, ensuring that residents can easily commute to their workplaces, schools and recreational areas.
Aspiring residents now have a significant array of options when it comes to choosing the best residential area in Hyderabad for their needs. If you find yourself making such a decision, here’s a list of attractive properties and the top locations for buying a residential property in Hyderabad curated by our expert team of real estate brokers and professionals.
2. Thriving IT and Business Hub
The city’s emergence as a major IT hub has been a catalyst for the real estate boom in Hyderabad. Over the years, this vibrant city has attracted an extensive array of multinational corporations, including renowned tech giants, creating a massive demand for office spaces and residential properties. As the IT sector continues to flourish, the need for quality housing and cutting-edge commercial spaces has skyrocketed, leading to a significant increase in Hyderabad’s real estate projects – both residential and commercial.
3. An Investment-Friendly City
The city’s investment-friendly environment is one of the key factors contributing to the real estate boom in Hyderabad. Buying land in Hyderabad offers several advantages, including a robust legal framework with implementing the Real Estate (Regulation and Development) Act (RERA). This act calls for mandatory registration and has defined penalties for not adhering to its policies, ensuring transparency, protecting buyers’ interests and promoting fair practices. Hyderabad, hence, offers a safe and secure destination for real estate investments.
Additionally, HMDA plots for sale in Hyderabad offer the advantage of being located in planned and regulated areas governed by the Hyderabad Metropolitan Development Authority (HMDA), with attractive amenities and security in investment.
With the undergoing development of the real estate market in Hyderabad and clear institutional frameworks in place, there has been accelerated growth in Real Estate Projects, meaning there are diverse properties available at relatively low prices.
4. Government Initiatives
Besides regulatory bodies such as RERA, the real estate market in Hyderabad is supported by State Government initiatives that incite investments in the city. This includes:
- Designation of Special Economic Zones
- Policies such as Look East, Look North, and Integrated Township
- Development of numerous IT Parks
Hyderabad ranks 2nd overall in ease of doing business, for it we have the Government’s commitment to economic and infrastructural development to thank. And as a bonus, we also experience the advantages of the growth of Hyderabad’s real estate projects.
5. Cultural Heritage and Modern Amenities
The real estate market in Hyderabad has a unique blend of rich cultural heritage and modern amenities, making it an attractive destination for homebuyers. The city is renowned for its iconic landmarks, such as the Charminar, Golconda Fort, and the Qutub Shahi Tombs, which are a testament to its glorious past. Many developers have responded to Hyderabad’s treasured tradition by introducing projects that integrate its unique style, giving residents options that perfectly blend old-time charm with contemporary living.
The real estate trends in Hyderabad also offer an increasing range of modern amenities to cater to the needs of its residents. From luxury malls, cinemas, and restaurants to world-class healthcare facilities and educational institutions, the city has it all. The presence of reputed international schools and colleges has been a major draw for families looking to settle down in Hyderabad. Moreover, the city’s vibrant nightlife and recreational options make it an ideal choice for young professionals and millennials.
An Area-Wise Guide to the Amenities
It is clear that the real estate market in Hyderabad is a promising investment with diverse options to cater to your specific needs. However, we know that as a home buyer, with more choice comes more factors to include in your research, so you make the right choice for yourself and your family. We have curated a list of area-wise amenities to help get you started on and understand the kind of research that goes into deciding the best residential area in Hyderabad.
1.Vijayawada Highway
Offers excellent connectivity through a well-maintained road network and proximity to National Highway 16 which connects to major cities like Chennai and Kolkata.
Some of the reputable institutions and best schools along Vijayawada highway include Bharat Public School, Krishnaveni Talent School and Sri Vidya Bharathi College.
Prominent hospitals on Vijayawada highway include Sunshine Hospital, Continental Hospitals and Aware Global Hospitals
Saroornagar benefits from proximity to renowned IT hubs like HITEC City and Gachibowli, opening up employment opportunities.
Nearby attractions include Osman Sagar Lake, Gandipet Park and Himayat Sagar Lake.
2. Shadnagar:
Good road connectivity to neighbouring areas and Hyderabad City and Shadnagar Railway Station. Located close to the Hyderabad-Bangalor Highway.
Renowned educational institutions like Pallavi Model School, Vignan Vidyalayam, and Narayana Junior College offer quality education options for students.
Trusted healthcare facilities in Shadnagar include Vijaya Hospital. Alankrita Hospital and Aayush Hospitals.
Shile Shadnagar is not primarily known for tech parks, it benefits from its proximity to industrial areas like the Shamshabad Industrial Development Area.
3. Recreational facilities:
Nearby recreational spots include Kondamadugu Park and Shamshabad Deer Park, offering green spaces for outdoor activities and relaxation.
4. Saroornagar
Well-connected through local bus services and Hyderabad Metro Rail Network
There are many reputable colleges and schools in Saroornagar including institutions like Sri Chaitanya Junior College, St. Alphonsus High Scholl and Vignan Vidyalayam
Owasisi Hospital and Research Centre and Kamineni Hospitals offer reliable healthcare services for residents.
Saroornagar benefits from proximity to renowned IT hubs like HITEC City and Gachibowli, opening up employment opportunities.
Indra Park and L.B. Indoor Stadium provide nearby spaces for fitness activities and leisure activities
5. Badangpet:
Well-connected through local bus services and Hyderabad Metro Rail Network
Prominent educational institutions and schools in Badangpet include Bachpan Play School, Greenfield Public School and Aditya Engineering College.
Adithya Hospital, Sair Raghava Hospital and Sree Netralaya Eye Hospital are some of the trusted medical facilities in this area.
Badangpet offers convenient access to IT hubs such as the Financial District and Gachibowli.
Nandan Vanam Park and BN Reddy Nagar Park offer nearby recreation spaces for relaxation and outdoor activities.
6. Ramoji Film City:
Easily accessible via road networks and the Ramoji Film City railway station.
Although there are no educational institutions within the film city premises, the plots for sale in Ramoji Film City are close to neighbouring areas like Uppal and LB Nagar.
Nearby hospitals like Shalini Hospital and Manineni Hospitals provide healthcare facilities to residents.
Ramoji Film City is renowned for its film production facilities and studios as opposed to being a primary location for tech parks.
Ramoji Film City is on its own a unique and immersive experience with film sets, amusement rides and cultural shows.
7. Kukatpally
Well connected through road networks and the Hyderabad Metro Rail Network, with stations like KPHB Colony and JNTU College serving the area.
There are prominent colleges and CBSE Schools in Kukatpally. Some of the reputable institutions and best schools in Kukatpally include Pragathi High School, Geetanjali Model School and Jawarharlal Nehru Technological University (JNTU).
Reliable healthcare services in the area include MaxCure Hospitals, Prasad Hospitals and Remedy Hospital.
Nearby major IT Hubs such as HITEC City, Gachibowli and Cyber Towers
KBR National Park, NTR Gardens and JNTUY Ground offer nearby recreational spaces, ideal for outdoor activities and relaxation.
The booming real estate market in Hyderabad presents a promising investment opportunity driven by robust infrastructure, thriving industries, investment-friendly policies, cultural heritage, and modern amenities. Please note that while this list provides a good starting point and template for your research, it is not exhaustive. It is crucial for prospective buyers to conduct thorough research before making their real estate investment. We know that such a decision can be daunting, and we’re here for you!
We recommend seeking guidance from our experienced real estate professionals to make informed decisions. Schedule a call with GSquare Housing’s experienced dealers and brokers for further assistance. Let’s embark on this exciting journey together!
