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Residential Properties in Hyderabad: From The City of Pearls to Cyberabad
The city which has ranked consistently at the top of Mercer’s Ease of Living Index as the most liveable city in the country, Hyderabad is also a well-established economic powerhouse with technology and pharma as key growth drivers. Also well-known for its cuisine and other attractions, this city has consistently ranked in the tier 61 – 70 in the Global Startup Ecosystem Report. With a robust economic ecosystem and a proactive government which offers adequate policy support and excellent infrastructure all-round, Hyderabad’s residential segment has also shown tremendous growth. The large influx of talent has also spurred the demand for properties in Hyderabad.
It is noteworthy that the residential properties in Hyderabad are now across condominiums and even plotted developments. The locations such as Gachibowli, Kondapur, Nallagandla, Uppal, Kokapet, Hafeezpet, and Narsingi are prominent due to their proximity to business hubs. The property for sale in Hyderabad has been consistently increasing due to new projects launches and popular developers venturing in the city. The city is expected to strengthen its position as a major IT and pharma hub which will support real estate growth across all asset classes going forward.
Frequently Asked Questions
Hyderabad, also known as Cyberabad, is the IT/ITeS hub that generates ample employment opportunities. It is also the largest producer of diamonds and pearls. With this, Hyderabad is considered an abundant metropolis urban city in terms of cost of living. The properties here are affordable and meet your requirements.
The properties available for sale in Hyderabad include plots, apartments, and villas.
Yes, Hyderabad has good connectivity in and around the city with excellent infrastructure that caters to the needs and requirements of homebuyers and investors.
Yes, the properties in Hyderabad are affordable as compared to other metropolises.
The cost of the property in Hyderabad varies depending on the property type and locality. For suburban properties, it ranges between 80 lakhs - 15 crores, and for luxurious properties, it ranges between 4 crores - 12 crores.
The hotspots inviting investors to buy property in Hyderabad are in the west, which includes Nanakramguda, Tellapur, Kollur, Manchirevulla, Appa Junction, Nalagandla, and Mokila. These are exclusive locations in Hyderabad with an immense growth of IT hubs.
The prime locations in Hyderabad are Gachibowli, Financial District, Kokapet, Narsingi, Kondapur, and Banjara Hills.
The renowned developers, including Prestige Group, Sumadhura Group, Koncept Ambience Group, BSCPL Infrastructure Limited, Sri Aditya Private Limited, and Candor Developers, are launching their projects in Hyderabad.
JLL Homes is a platform where you can find all kinds of properties at your fingertips.
The state of Telangana levies a stamp duty and registration of 7.5% on the property’s estimated market value.