Hyderabad Proceeds to Become a Hub for Affordable Housing Segment

Affordable Housing or Housing for all is the Vision of Central Government, to be achieved by 2022. This Vision includes providing Houses for a Budget upto Rs 25 lakhs, and accordingly the cities in India are classified on the basis of a grading structure designed by Government of India.

As per media reports, there are:

8

26

33

Tier-I Cities

Tier-II Cities

Tier-III Cities

And there are over 5000 Tier-IV towns and above 638,000 villages in country. Among the listed 8 Tier-I cities in India, the top 5 cities are: -

  • Hyderabad
  • Bangalore
  • Ghaziabad
  • Pune
  • Ahmedabad

Hyderabad, a city that is giving more importance for developing Budget Houses and giving way for the individuals who want to invest in low-costing homes and the new ruling political party gave their clarity and showed their concern for the growth and development of the City. This makes the Builders in Hyderabad even, more keen to develop Homes at an Expendable price range.

There are many reasons for Hyderabad city to stand on top of the list. Hyderabad City has many amenities like Education, Health Cares, IT Parks, Malls, Road Transport, Airways, Railways, Metros and many more at a stone throw away distance.

Keeping in view of the above amenities, Real Estate Builders have developed number of housing units in areas like Manikonda, Miyapur, and in Sainikpuri targeting the white collared professionals in Hyderabad. To buy 2bhk & 3bhk Flats in Hyderabad in Manikonda would cost around Rs 2,200 2,900 per sq. ft. and the best apartments to buy in Hyderabad are at Sainikpuri. Sainikpuri connects the major Areas of Hyderabad, like ECIL and Tirumalgiri. It ends the search for IT professionals who are looking for affordable houses between Rs 30 to 40 lakhs.

Investing in land has always been fruitful and beneficial, there are number of Residential Projects in Hyderabad to invest. Though Locations like Bachupally, Shamshabad and Chandanagar are on the boundaries of the city, still they are open for investments and developers, because of their extended area of land. The Developed areas in these locations have facilities like Water, Power and Sewage which is driving investors traffic towards them.

Choice-india is a benchmark for perfection in the construction industry. Choice-india is a pioneer in construction and infrastructure development, has a vast experience in providing high quality building structures to its customers.

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