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An Overview of the Hyderabad Real Estate Market

The City of Pearls has the charm to awe everyone with its two-fold nature; one reflecting the onset of technology, while the other still nurturing the ancient history of Nizams and Shahs. Hyderabad attracts countless software engineers and other techno-heads from within the country and even the world. Apart from that, its historic and cultural vivacity would also keep you cemented to this city and make you fall in love with it.


Infrastructure & Connectivity
Hyderabad is also known as Cyberabad or Cyber City due to the emergence of information technology here. It has a number of IT companies that attract lakhs and thousands of engineers to this city. The city has experienced great development in terms of infrastructure to inhabit the increasing inflow of migrants. It is also connected to major cities like Pune, Mumbai, Chennai, etc., via road as well as railway network. There is a proposed network of rapid transit system that would ease the connectivity in the city. It has three national highways passing through it that connects it to various cities.


The city has inhabited a number of migrants in the past years; this has had a drastic effect on its population. The population of Hyderabad was around 6.8 million according to the 2011 census. This number has reached a height of 10.1 million in the present year, i.e., 2016. The sex ratio in the city is 945 females for every 1,000 males. Although the literacy rate of the city is not that high, it is still increasing and has reached 82.96%.


Life Style
The Pearl City nurtures two different lifestyles within its precincts. While one is the modern and technologically advanced Cyberabad, the other part is still known for its rich heritage and historic charm. It is a heaven for all the foodies as it offers the best Mughal cuisines like the famous Biryani. Hyderabad holds a number of historical sites within its precincts that enable the people to know the history of the city more deeply.


Key localities in Hyderabad
Hyderabad real estate
has seen a tremendous change in the past few decades. The establishment of several IT companies has made it a hot destination for the youth. Many localities have been built to suit the needs of every category of people. Some of the key localities that have seen the major development are listed here: Begumpet, Hyderguda, Ameerpet, Sri Nagar Colony, Banjara Hills, Kukatpally, Gachibowli, Uppal, Abids, Jubilee Hills, etc.


Real Estate Market
There are a number of builders who have toiled to make the city of Hyderabad the way we see it today. They have not only built amazing buildings for residential purposes but also offered great commercial spots. They are always open with advertisements like “Hyderabad Properties for Sale” and “Real Estate for Sale in Hyderabad”. Some of the top builders in Hyderabad are given here: Prestige Builders, Mahindra Lifespaces, L and T realty, Mantri Group, Indiabulls, DLF, SMR Holdings, Dream India group and others.


Projects in Hyderabad
Real estate in Hyderabad has seen a drastic change due to the countless projects that are either in the pipeline, ready to be offered to the public or work-under-progress, waiting to be launched in the coming years. Many top builders are coming up with various types of property for sale in Hyderabad that would not only enable the people to have a roof over their head but also match all their desires. One can find all types of residential as well as commercial property in Hyderabad to suit their budget.


Govt Projects in Hyderabad
Telangana Housing Board has come up with 2,222 HIG, 1,413 MIG and 2,653 LIG flats to provide easy and budget friendly property in Hyderabad. There are various other projects undertaken by the government to improve the infrastructure of the city. Some of these are Hyderabad Metro Rail, Pharma City in Mucherla and Google at Gachibowli. Hi! Searching for Property? Let's Chat