Also known as the city of pearls, Hyderabad is indeed a city of elegance and royalty. With rich cultural and historical monuments from the Qutub Shahis, Mughals and the Nizams, the city has managed to keep up with the charm.
The historical and cultural aspect is one side of Hyderabad. The other side is that the city is growing exponentially due to the development of employment hubs. After Bangalore, Hyderabad and Pune are known to be a huge base for IT hubs. Due to this, several areas in Hyderabad near the HITEC City are now becoming the prominent choices for investment. According to my understanding, the below mentioned areas have an excellent growth trend (about 10-15% year on year) since the last three years:
Gachibowli
Gachibowli is just 5 km away from HITEC City. It has a lot of commercial establishments and residential options. The connectivity via road as well as rail network is excellent. There are bus stops, metro stations and railway stations within the 5km radius. The property rates are much higher than other parts of the city.
Miyapur
Miyapur is well-connected to the major IT parks in Hyderabad (Gachibowli and HITEC City are around 10-15 km away). It is located in the north-west outskirts of Hyderabad. After the completion of metro phase 1, this area started getting noticed. Since then, several residential and industrial complexes have been established here. You can find affordable options for investment with excellent growth potential.
Uppal
Uppal is located in the eastern part of Hyderabad. There are well-organized colonies allowing residents to live a quality lifestyle. It started getting noticed due to the development of NSL business center. NSL has an Information Technology (IT) special economic zone (SEZ) in Uppal which makes this area an excellent choice for investment for better return.
Kokapet
Kokapet is known as the extension of the Financial District. It is located adjacent to Gachibowli. The HITEC City is nearby which makes this area prominent for employed people to opt Kokapet for finding a house on rent in Hyderabad. In terms of rental value as well as appreciation of the property rates, Kokapet is actually an excellent choice for investment in Hyderabad.
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Whre to purchase 3bhk flat in Hyderabad for property appreciation
Srinivas
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5 Year
2020-11-12T19:46:29+00:00 2020-11-12T19:46:29+00:00Comment
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