Wednesday, 5 March 2014

Best time to buy a Latest property at Hyderabad

The advent of global companies to Hyderabad has impacted the property values.  Moreover, with clarity on Telangana, property rates in Hyderabad all set to appreciate significantly.

Hyderabad has world-class infrastructure facilities, will slowly be the most attractive destination for large global investors soon. The focus on development has been tremendous and now even more so with the new leaders the continuous growth of the state and especially its capital Hyderabad would be really crucial. The best time to buy property in Hyderabad is definitely today. If you are planning to buy latestproperty at Hyderabad, buy before the elections as prices would rise after that.

Property prices will increase in the outskirts of the city where the metro rail and the ORR (Outer Ring Road). For example, while the ORR connects Shamirpet area to Kondapur we can carefully say that Shamirpet, Kompally and Kukatpally become directly connected to roads leading to Hitech city. Therefore these areas grow faster and sooner or later they become hot selling properties.

HITEC City and Gachibowli are well developed in terms of social and physical infrastructure and have ample projects coming up in varied price ranges.  If budget is a major constraint, then areas such as Tellapur, Narsingi and Appa Junction are perfect choices as apart from relatively low prices, these offer easy accessibility to Gachibowli and HITEC City. These have immense growth potential. There are numerous affordable regions in the outskirts of the city that offer ample residential projects that might seem profitable.