Best Real Estate Investment Areas in Hyderabad

In a recent report released by a global property consultant, based on the levels of foreign direct investment received and transparent governance in markets, including real estate, Hyderabad is ranked as the 2nd most dynamic city in the world. This can also be inferred from the fact that the city has witnessed a jump of nearly 46% in property prices in the past six months (from Nov 2018). This makes the Hyderabad city as an apt ground for real estate investment.

Factors Supporting Investment in Real Estate Market of Hyderabad

• Hyderabad is a booming business city with many thriving sectors such as IT/ITES, pharma, education and more. It attracts migrants from all over the country who come here in search of better prospects. This high employability factor has a direct impact on city's immense real estate growth (as seen in the last two decades).

• The cost of living, cheap electricity supply, physical and civic infrastructure, transportation, availability of water, traffic movements, pollution-free environment and other factors are better here as compared to other metros of India.

• It has strong fundamentals including infrastructure and economic drivers.

• Also, the real estate properties are very competitively priced compared to property rates of other top residential real estate markets across the nation i.e. Delhi, Mumbai, Pune, etc.

Best Real Estate Investment Options

The best real estate options in Hyderabad are plots/land, flats and independent house or villas. It all depends on your budget and other preferences like proximity to commercial centers, schools, hospitals, etc.

Flats and independent houses are best real estate options of investment in Hyderabad. And if you are looking for a long term investment then plots or land should be preferred. For more details on the best place to invest in plots in Hyderabad, click here.

Best Investment Areas in Hyderabad

Here we have listed the best investment areas in Hyderabad, which are experiencing immense real estate growth. Most of them are in proximity to IT/ITeS hubs, as these areas have everything it takes to enhance a residential living.

Ameerpet: A residential hub of Hyderabad and has proximity to some of the key commercial centers of the city. The locality in past few months has witnessed a boost in the property demand and prices, owing to the launch of Metro services here. One could buy property in Ameerpet for an average price of Rs 6000/sq. ft. It has many reputed residential projects with affordable to premium flats for sale.

Kondapur: Located in the north of Hyderabad, Kondapur is completely surrounded by the IT hub, including Begumpet and Hitec City. The rising housing demands especially from IT professionals have triggered a rise in property prices here and that have soared 71% in the past six years. The average price of the property here stands at Rs 5795/sq.ft. There are many residential property projects running here, from where you can easily locate the desired flat for sale in all price segments.

Madhapur: Real estate in Madhapur has been gradually witnessing a rise in property prices since the Metro route was announced. While the property prices here have witnessed a 45% increase in the past six years, in coming times the returns are going to be even higher. At present, the average property prices stands here at Rs 6749/sq.ft. Madhapur is one of the luxury property markets in Hyderabad offering 2BHK, 3BHK, 4BHK and 5BHK units for sale.

Gachibowli: Gachibowli prime locality and is one of the key IT suburbs in Hyderabad. It has well-developed infrastructure and lies close to some of the prime areas, including Jubilee Hills, Madhapur, Banjara Hill, Kothaguda, Mehdipatnam, Panjagutta and Kukatpally, among others. The property prices here have witnessed a 34% rise and are expected to soar rapidly. It can be the best investment area, having an average price of Rs 6287/ sq.ft. The locality offers lush green spaces and plenty of parks for children and senior citizens.

HITEC City: HITEC City is located in the heart of Hyderabad’s IT hub. HITEC City has witnessed strong residential sales momentum, with those employed in the IT/ITeS sector seeking homes in the vicinity. Most of the residential projects offer quality construction standards, features and world class amenities. The average price here is Rs 6505/ sq.ft. Several premium gated residential properties are in HITEC city for sale.

These are the booming real estate areas in Hyderabad where you can invest now and surely reap a high ROI in next 5-10 years.

Best Upcoming Areas in Hyderabad For Investment

We have listed here the best upcoming areas in Hyderabad where you can invest in flats, plots or commercial properties for better returns in coming times. These areas are little reasonable in cost as compared to above mentioned areas.

Kukatpally: Kukatpally is a residential-cum-commercial suburb in Hyderabad. The locality offers both commercial and residential properties equipped with best-in-class social and civic infrastructure. The property prices here have gone up by 51.5%. The average property price tagged here is of Rs 5270/ sq.ft. You can invest in 2BHK, 3BHK and 4BHK apartments and flats for sale are available here from reputed real estate developers.

Nallagandla: Nallagandla has grown into prominence as the new IT/ITeS industry. It is strategically loacted in proximity to the IT and Finance hubs and making into very desirable residential area for the professionals. The average price here is Rs 5431/ Sq.ft. Many flats and apartments for sale are available here in different configurations (2BHK, 3BHK, 4BHK) from affordable to ultra-luxury segments, in both gated and non-gated communities. Plots and villas are also available for sale and one can opt for these  according to their budget. Nallagandla is located between the Outer Ring Road and Old Mumbai Road, which make it accessible to major areas of Hyderabad, such as Banjara Hills, Gachibowli, BHEL and HITEC City.

Chandanagar: Chandanagar locality is steadily growing and developing as a residential hub and is highly sought after because of its high potential for growth. It has close proximity to IT hubs including HITEC City and Gachibowli, making it a favourable location for a residential hub. It is well connected to both the Old Mumbai Highway and new Mumbai Highway. The average price here is Rs 4935/ sq.ft. You will find several renowned gated community apartment and villa projects for sale e.g. Aparna HillPark Gardenia, Aparna HillPark Avenues, etc.

Manikonda: Manikonda has evolved as a residential and commercial hub for IT professionals. The average price here is around Rs. 4586/ sq.ft. The civic and social infrastructure is world-class and is continuously developing in all its spheres. Several exclusive residential gated communities are available here for home buyers especially for IT professionals. In addition to world-class luxury gated community apartments, you can also find multiplexes, eateries, shopping malls, hospitals, schools and several IT companies in the vicinity.

Rajendra Nagar: Rajendra nagar is growing fast with increased demand from home buyers. There are several renowned residential property projects running here. The average cost is Rs 5281/ sq.ft. It enjoys  good connectivity with Secunderabad Railway station, Banjara Hills, Begumpet and Hitech city. You can invest in flats, apartments, villas and independent plots here, which will give you high returns as it is the  center for various educational and health-care centers.

Which is the area to Invest in Land in Hyderabad?

It is a sound investment decision to buy piece of land, as its prices are surely keep rising. Also, you can opt to build your own home or sell it to get a handsome return, later in life.

You can invest in land in localities like Alkapuri, Nagaram, Musheerabad, Moula Ali, Uppal, Nagole, etc. or areas near ORR circumference of Hyderabad. There are many small and big ventures from established property developers available here at much cheaper rate than in the already saturated city's central part.

Key Take Aways of Property Investments in Hyderabad:

• Investment in real estate properties in a city like Hyderabad, if done cautiously can give good returns in long term.

• It becomes a valuable asset for your next generations to reap its profit.

• You can also rent out your flat, independent house, villa or any commercial property (office, shop, etc.) and gain a handsome return in addition to your monthly salary.

• If the value of your property rises significantly, then you can sell it at a good price in the future to earn lucrative returns on your smart investment.

• You should prefer to buy an apartment/ flat in an area close to the city’s IT and business hubs for high ROI.

Conclusion:

Any kind of real estate investment in Hyderabad is indeed a wise decision as the city boosts a booming real estate market which is sure to increase the value of your property in future. However, you need to choose the right place before you invest. A wise choice would be to consult a reliable real estate agency. They would make your job easier by bringing you the right choices of properties available for sale in Hyderabad to your table from which you can choose the one you like.