Residential property in Hyderabad were slightly stable in the last year despite witnessing global recession coupled with the political stunts and dramas related to Telangana issues. Real estate business seems to have a gradual phase of recovery and urge growth in the Hyderabad’s residential properties for the current year. The concrete development of Multi-modal Transport System (MMTS) in Hyderabad, IT corridor @ Hitech city and Outer Ring Road have stimulated the rate of growth in real estate market in Hyderabad. People are likely to choose residential property in many convenient locations approaching to such huge developments. The surrounding areas are in demand and preferred by buyers as they can have better connectivity. Kukatpally, Kondapur, Madhapur, Gachibowli, Nanakramguda, Madinaguda, Shaikpet, Nizampet and nearby areas are witnessing many residential development projects by major construction companies.
There is an unusual investment by NRI’s too in residential and commercial properties that has heaped prices of property in Hyderabad. Though the growth pattern differs from one location to another location in Hyderabad, the demand for residential properties is high and lucrative. It is estimated to have an increase of at least 30% in the coming two years. There is vast scope for reaching newer heights for real estate market in Hyderabad in 2013. Government is also likely to deal with reforms and moderation on interest rates that can have a great scope of development in real estate sector.
Choice-India is a predominant player in real estate market scenario of Hyderabad handling many residential and commercial properties hyderabad development in prominent locations. The completed residential properties in Hyderabad reflect the additional value grown up beyond the price invested by the buyer. Buyers feel proud and privileged today to have owned a residential property under Choice-India to see their properties’ values grown to peaks.
The upcoming residential development project, Jubilee 211 is a three level proposed luxury residential building in the Jubilee Hills. Choice-India complements the venture with intelligent interiors, strong elevations and superior quality execution of the works.