Hyderabad Real Estate Market Always Bounce Back
Most of the people investing in real estate regain a secured feeling. The open plots segment of real estate will always bounce back since it is a finite commodity. This also depends on the location of the venture. People will feel more secure and more willing to invest in real estate open plot properties since the economy is recovering from covid pandemic. Eventually, good locations are bound to experience faster recovery on a bigger scale.
PRICES SOARED LAST YEAR JUST AS ANALYSTS SUGGESTED
Some high priced premium markets saw declines in the market. The global pullback of investors did hurt prices but markets also saw again in the year 2020. People earlier were living within their means and not purchasing property that they could not afford. Evidence suggests that this was mainly because of prices soared. Strong economy when coupled with high demand and low supply is bound to increase price in 2020 as well.
LACK OF SUPPLY IS DETRIMENTAL
This is the dark side of the property pricing. Most of the properties in such a scenario will be overvalued in such scenario. Eventually, it can also become a national problem. Real estate projects should come-up as quickly all across the country so that many potential property buyers can find themselves in the market this year. With prices so high in the cities, many property buyers may decide to move in the suburbs. If things do not improve, the trend across the all metro cities in India may be expected to grow. Two tier cities and outskirts of major metropolitan areas may gain ground.
HYDERABAD IS AN EXCEPTION
The growth story of Hyderabad Real Estate Market is an exception when compared to other metro cities in India. This capital of Telangana is the only metropolitan city where average property sales increased by 35% in the recent past. Properties in Delhi, Mumbai, Kolkata, Chennai and Bangalore have drastically dropped during this period. Hyderabad is the only real estate market which did not disappoint real estate investors amidst the countrywide sluggish environment.
WHAT IS BOOSTING HYDERABAD REAL ESTATE MARKET?
The Govt. of Telangana is putting out initiatives and taking proactive measures in order to make Hyderabad a truly global city. There are a variety of laws being put forth and implemented so as to improve the ease of doing business. One of these initiatives is that “Telangana State Industrial Project Approval and Self-Certification System” (TS-iPASS) Act, which is a step forward in this direction. This Act is introduced to create a business friendly environment which can uplift the status of the city as an investment destination. Apart from other industries, the real estate sector will also immensely benefit since the state government is sincerely taking steps to implement a single window approval system for the real estate sector as well.
OTHER FACTORS CONTRIBUTING TO REAL ESTATE BOOM IN HYDERABAD
One of the main factors is that rapidly-paced infrastructure development. The outlook of the state government is clear that developing the world-class infrastructure is their top priority. As far is connectivity is concerned, they are keen on developing the Outer Ring Road (ORR) which will help traffic navigate in and out of the city within minutes without any difficulty. The Hyderabad Metro Rail project also holds a promise in terms of uniting the eastern-western and northern-southern ends of the city which includes house areas, industrial corridors, SEZs and IT hubs.
BHARAT NIRMAN LIMITED OPEN PLOT VENTURES
For everyone, property is the most stable, fastest growing and a fruitful investment opportunity with no risk. When you invested in the right property at the right time, it earns you the highest returns compared to other investment options available in the market. Our premium open plot ventures at Bangalore Highway Facing, Nandigama Village, Shadnagar Bypass is about 50 acres; Mumbai Highway Facing, Nandikandi Village, Sadasivpet is about 11 acres; and Warangal Highway Facing, Wangapalli Village, Yadagirigutta is about 61 acres; all ventures are an excellent blend of contemporary investment opportunities where investors can expect highest yielding and returns on their investment within short span. These impressive and strategic locations are going to result you huge. You can live a life beyond the ordinary by investing in these ventures.
At #BharatNirman we don’t sell properties, we regard property as a means for you to achieve your true wealth. We help you invest in your dreams. As a pioneer of Real Estate we aim to make property investment affordable for each and every Indian so that they could ensure security of their future and pursue their goals confidently.
We invite you to join hands together in this magnificent journey of Real Growth.
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