Hyderabad the city of pearls has a diverse historical background. It has a contrasting mix of the old and the savvy metro cultures, with stark boundaries between the old and the new cities. Real estate property in Hyderabad, With the formation of Telangna as a state the uncertainty and turmoil in the city is over. Hyderabad not only boasts of a diverse culture but has a very robust infrastructure, despite the political uncertainty the city has managed to keep the development flag up and has one of the best and most modern infrastructure than any other city in India. The world-class international airport in Hyderabad is one such example in the city, which boost the image of this Indian software hub as a future mega city of the world. The investment scenario in the city promises growth and returns to the stakeholders. The two multi-billion dollar deals which have taken place in the real estate sector of Hyderabad between Maytas Properties and JM Financial and Golden Gate Properties and Deutche Bank, will go a long way in further enhancing the real estate spectrum in the City. These investment bankers, after their exhaustive studies, found Hyderabad as a dynamic real estate market that has potential to attract investors from across the world.
Hyderabad scores high on its Liveability Index backed by its strong Infrastructure Development
Shamshabad airport is one of the main growth driver for Hyderabad’s future development as also for driving investments. Though at present it is located away from the city municipal boundaries, it offers a lot of flexibility for future growth. The Municipal body has worked out a comprehensive road development plan connecting the airport with all major hubs of the city, this include – (a) a 4-lane, 11.50 km long PVNR Elevated Expressway, between Aramghar and Mehdipatnam. This will be India’s longest elevated highway. (b) A slip road has at Aramghar to divert heavy traffic and de-congest the junction. (c) an 8-lane 22 km section of Outer Ring Road (ORR) would be extended to enhance the connectivity of airport towards the eastern and western part of the city. (d) The Inner Ring Road will be improved between Mailadevpall and Khairatabad. (e) A P7 road will be developed to provide connectivity with the IRR. The ORR will provide direct connectivity to the airport while the IRR will link north-eastern parts of the city like Begumpet, Tarnaka, Champapet and Chandrayangutta through P7 road.
A major factor which is to the credit of real estate developers in Hyderabad is the fact that despite the unprecedented infrastructural growth they have not allowed price escalations to sky rocket, which is normally associated with real estate market. Call us- 0124-4370612