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The Prestige City Hyderabad

The Prestige City Hyderabad

Rajendra Nagar, Hyderabad
INR 97.49 Lac to 3.06 Cr
  • 4647 units
  • 64 Acres
  • 2 BHK-3 BHK-4 BHK Flats
  • 1179 Sq. Ft. to 3431 Sq. Ft. (Saleable)
Anvita Ivana

Anvita Ivana

Kollur, Hyderabad
INR 85.70 Lac to 2.29 Cr
  • 1819 units
  • 13 Acres
  • 2 BHK-3 BHK-4 BHK Flats, Villa
  • 1260 Sq. Ft. to 2600 Sq. Ft. (Saleable)
Prestige Clairemont

Prestige Clairemont

Kokapet, Hyderabad
INR 2.08 Cr to 4.02 Cr
  • 928 units
  • 7.56 Acres
  • 3 BHK-4 BHK Flats
  • 1989 Sq. Ft. to 4060 Sq. Ft. (Saleable)
Prestige Beverly Hills

Prestige Beverly Hills

Kokapet, Hyderabad
INR 1.67 Cr to 2.52 Cr
  • 816 units
  • 5.85 Acres
  • 3 BHK-4 BHK Flats
  • 1796 Sq. Ft. to 2708 Sq. Ft. (Saleable)
Prestige Tranquil

Prestige Tranquil

Kokapet, Hyderabad
₹ 8,284 Per Sq. Ft Onwards
  • 906 units
  • 7.85 Acres
  • 3 Beds Flats
  • 1390 Sq. Ft. to 2049 Sq. Ft. (Saleable)

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Real Estate in Hyderabad

The city of Nawabs is a bustling and historic metropolis. Hyderabad, as a city, has a vibrant tradition and culture. The city known for its mouthwatering biryani and Nawabi culture attracts students and bachelors searching for study and careers. Moving to a new city is often tricky, but Hyderabad makes it simple with its warmth and laid-back demeanour. Due to diverse cuisines, and kind communities, Hyderabad is one of the best places to live. The cost of living in Hyderabad will rise in the coming years, but in 2022, its living cost will be much less than those of other Indian metropolitan cities. These characteristics combine to make Hyderabad one of the trendiest locations to live in India.

Hyderabad Real Estate Market Size

In Hyderabad, the sale of housing units increased by 23% from January to June 2022 compared to the previous year, the highest pace of growth in the preceding 11 years.

According to Knight Frank India's India Real Estate report, 14,693 housing units were sold in Hyderabad during the first half of 2022, compared to 11,974 in the first half of 2021.

In Hyderabad, most IT personnel own homes. During the Covid-19 epidemic, they had no issues. They were critical in keeping the city's real estate market steady.

Hyderabad is no longer a market where low-cost housing can be found. Many consumers and investors have made it a favourite location. According to the research, livable home prices climbed by 4.2% in the first half of 2022.

The office market showed a 101% rise in sales to 3.2 million square feet this year, up from 1.60 million square feet the previous year. The new office space is 5.3 million square feet. Share transactions in the banking, financial services, and insurance sectors climbed by 12%.

Hyderabad Real Estate Statistics

In 2021, Hyderabad had the best performing residential market, with sales climbing 142% year on year to 24,312 units, the most in recorded history since 2011. Revenues grew by 135% in the second half of 2021. It is one of India's most popular property investment locations. To lessen construction execution risk, homebuyer opinions in the city are shifting toward ready-to-move-in houses or those approaching completion. However, due to recent legislative reforms and structural changes, market dynamics have gone, and the industry has become more consumer-friendly.

With the epidemic presumably under control, a more comprehensive approach to residential property launches has been seen. According to a Square Yards study, over 20K new residential housing units were introduced in West Hyderabad in the previous half of 2022, accounting afor the lion's share of 52 per cent with over 10K launches.

Moreover, independent housing had the most prominent demand share in Q1 2022, accounting for 43 per cent of all property kinds. Despite the considerable demand, the availability of independent housing alternatives was just three per cent. This may also be linked to an increasing trend in which most developers in Hyderabad are enthusiastic about supplying planned projects, with the exact accounting for the lion's share of the overall supply in Q1, 2022.

Connectivity and Infrastructure

To attract the right talent, Hyderabad excels in socioeconomic infrastructure (schools, universities, hospitals, malls, entertainment, metro rail, international airport, etc.). Transportation and connection lines around Hyderabad are among the significant infrastructure achievements. The Hyderabad Metro is a 72-kilometre-long, three-corridor elevated metro train project that has significantly improved urban infrastructure. The MMTS network has made the city's critical IT and commercial centres readily accessible. The Rajiv Gandhi International Airport is sufficiently communed with Hyderabad's key commercial areas and has been lauded as one of the greatest airports in the world on several occasions.

The Outer Ring Road provides simple communication across Hyderabad, making commuting extremely pleasant. The residential communities created off ORR, such as Tellapur, Narsingi, Kokapet, Rajendranagar, and others, are easily linked to the city's IT parks and other commercial landmarks, minimising commuting time. The vast land parcels around the Outer Ring Road provide an excellent connection to the airport and will shape Hyderabad's future growth. Overall, Hyderabad is primed for explosive expansion in the coming years.

The state government created the SRDP a few years ago to improve essential utilities in Hyderabad, such as safe driving and traffic monitoring, decreasing travel time, boosting trip speed, and lowering air pollution levels. The comprehensive plan aims to alleviate traffic congestion and build infrastructure for the city's future traffic demands. From flyovers to underpasses, grade separators, central corridors, and roads over bridges, the SRDP plan has decreased traffic congestion in numerous important passages while shortening travel time between various locations.

Statistics on the Population

In the past, the city saw a significant sociocultural transformation. It is also experiencing quick and dynamic changes due to the increased phase of industrialisation and urbanisation. These modifications considerably influenced the city's layout and development patterns. To solve Hyderabad's difficulties, assist urban reforms in enhancing city administration and modernising municipal services via physical infrastructure development, with a particular emphasis on decreasing urban poverty. Collecting social and environmental data improves urban land planning and management evaluation. Hyderabad city is one of India's largest metropolitan areas, with an area of 650 square kilometres (250 square miles) and a population of 6,809,970 (2011), with an additional 7,749,334 living in the metropolitan area, making Hyderabad the country's fourth most populous city and sixth-most populous urban agglomeration.

Residences and Living

Early this year, the Mercer Quality of Living index ranked Hyderabad first, sharing first place with Pune. It is the fourth time in a row that the City of Pearls has been named the best Indian city. The much lower crime rate compared to other Indian cities and the pleasant weather assist Hyderabad in maintaining its position year after year. However, Hyderabad ranked 142nd in the worldwide list of Mercer's surveys.

Recently, Hyderabad ranked 27th out of 111 competitive Indian cities in the government's Ease of Living Index. Karim Nagar in Telangana came in 11th place. Without further ado, let's delve into the specifics of the cost of living in Hyderabad and determine which options are ideal for you.

Rents for housing in every significant city vary depending on where you reside. If you're seeking excellent PG accommodation in Himayat Nagar, Uppal, LB Nagar, or Ameerpet, you'll discover alternatives ranging from Rs.3,500 to Rs.7,000. A 1 BHK property in these locations would cost between Rs.5,000 and Rs.8,000, while a 2BHK flat will cost between Rs.7,500 and Rs.15,000.

Hyderabad Real Estate and Construction

Hyderabad has been characterised as a "moving city." The government is constantly proposing new ideas to enhance the city's infrastructure, including significant road projects, flyovers and underpasses, commercial enterprises, and the reception of new global corporate organisations.

Hyderabad's real estate market has been expanding, with numerous planned new developments discussed in the New Projects section later in the article.

Demand for and Opportunities in Real Estate

Furthermore, the presence of blue chip and multinational corporations in the city creates new career prospects, and more young couples are looking to live in Hyderabad. Despite the expanding epidemic throughout the nation, Telangana is making steady progress in real estate purchasing and selling. Housing and commercial complexes have allegedly slowed in all eight main cities of the country, including Delhi, Bengaluru, and Mumbai, although Hyderabad has achieved 90% progress in the shortest time. In the housing industry, countrywide vacancies have declined by 43% and sales by 54% in the last six months. However, 64% of sales were registered in Hyderabad.

Top Price Trending Locations

Choosing a home to rent in Hyderabad is not problematic in 2022, but finding a suitable property within your budget may be time-consuming! Before getting too far into the house-hunting process, keep the following in mind:

3BHK flats are the most popular property for rent in Hyderabad in terms of configuration. The second most common type is two-bedroom apartments. Looking for a home to rent in Hyderabad for less than Rs 20,000/month is great news for the middle class as most rental properties are in this price range. Out of the 3,532 available homes in Hyderabad, 2,176 are available for rent for less than Rs 20,000 per month.

Ameerpet is one of the best localities with a high livability factor, with monthly rents ranging from Rs 4,000 to Rs 40,000. Begumpet is another affluent neighbourhood, with monthly rents ranging from Rs 4,000 to Rs 50,000. The configurations may change at any time. Hyderabad has around 1,500 fully furnished apartments as of December 2021.

Luxury apartments for rent in Jubilee Hills, Banjara Hills, Film Nagar, Nanakramguda, Gachibowli, Kavuri Hills, Madhapur, Nagaram, Gandhi Nagar, and Hitech City cost more than Rs 1 lakh per month. However, not all rental units in these neighbourhoods are equally priced. Prices are determined by the precise location, the brand of the home, the quality of construction, and other criteria. In Hyderabad, there are 482 villas and independent houses, with monthly rents ranging from Rs 5,000 to Rs 4 lakh. Affordable villas can be found in areas like Hafeezpet, Balanagar, Ameerpet, Pocharam, Puppalaguda, Bhudevinagar, Rasoolpura, Miyapur, and Kondapur. These are residences with tiny floor plans.

Greater Hyderabad's well-known areas include New Friends Colony, Madhuban Colony, and Ashoka Enclave 1. Secunderabad's most popular rental locations are Sainikpuri, West Marredpally, and Alwal.

Regarding North Hyderabad property for rent, Hafeezpet, Kompally, and Masab Tank offer the most listings and suitable options.

West Hyderabad's top three neighbourhoods are Madhapur, Kondapur, and Gachibowli. Popular tourist spots include Kukatpally, Miyapur, and Manikonda. Some of the most popular areas to seek rental properties include Gandhi Nagar, Kothaguda, Domalguda, and Madinaguda. The yearly rental yield in Hyderabad is 4.122295 per cent. If you rent out your Hyderabad home for a year, you may recuperate 4.122295 per cent of its value. This calculation is based on the city's average rates and is subject to change.

Top Hyderabad Areas for Sale

Average monthly sales in Hyderabad:

1BHK- 29.71 L

2BHK- 58.54 L

1.4 crores for 3BHK

3.8 crores for 4BHK

New Hyderabad Projects

When it comes to new releases, Hyderabad leads the real estate industry. According to recent research, home sales in Hyderabad increased 76% over the previous quarter in the third quarter of 2020. One of the causes for the growth in residential property demand is renewed interest from NRIs. Due to higher sales in Hyderabad in Q3, the city saw a 40% rise in new property launches, followed by Mumbai at 20% during the same time period. Hyderabad has developed residences constructed to perfection for a lavish lifestyle, ranging from luxury gated community flats to premium lifestyle villas and apartments.

Hyderabad RERA Approved Projects

The Telangana Government issued the Telangana State Real Estate Rules for the regulation and growth of the Telangana real estate industry. They apply to all real estate developments that have received construction permits. The following are the items on the list:

DSR SSC The Classe

Risinia Skyon

Royal Palms

Sunyuga Villa Palazzo

Elevate Villas

Asrithas Jewel County

G Square Olympia

Saket Bhusatva Ph II

Fortune Keerthi

Aspire Spaces Ameya

GSR Akshya Satellite City

Silver Oak Villas LLP

Hyderabad Government Projects

Hyderabad has been characterised as a "moving city." The government is constantly proposing new ideas to enhance the city's infrastructure, including significant road projects, flyovers and underpasses, commercial enterprises, and the reception of new global corporate organisations.

The government is also aspiring to expand the second phase of metro development. The 58-kilometre-long Phase II of the Hyderabad Metro is now in the proposal stage, and it includes a connection to the Shamshabad RGI Airport. A 340-kilometre Regional Ring Road around Hyderabad is being planned. The projects comprise new road under bridges (RuBs) and road over bridges (RoBs) at various places across Hyderabad to alleviate traffic congestion. This year, a minimum of 15 Foot over Bridges (FoBs) are expected to be constructed.

Hyderabad Real Estate Investment Opportunities

Hyderabad is a large city with a diversified population. People in Hyderabad have gradually become a cosmopolitan community from all across India as work prospects have risen dramatically in recent years. Most of them desire to live in the city, but picking where to live may be challenging since each neighbourhood has its own identity, charm, pace of infrastructure development, and price appreciation. Except for new and emerging areas such as Dammaiguda, all other locations have witnessed significant price increases. While prices have continually risen, they have remained steady enough to prevent financial upheaval. This shows that the city's real estate market is robust enough to survive capital value degradation.

Hyderabad's Real Estate Future

Buying a house in Hyderabad has become an unattainable luxury for most people, with prices increasing by 3 to 5 times in merely 2 to 3 years in specific locations! Almost two decades ago, Hyderabad was regarded as a wasteland. The IT Industry in Hyderabad has shown all digital industries around the city. Notably, the eastern half of India is migrating to southern cities, particularly the most fantastic city in India (Hyderabad).

Astronomical land prices have rendered purchasing land completely meaningless since rates are both exorbitant and, at current top levels, cannot multiply by 2 or 3x - as they have in recent years.

Top Real Estate Companies in Hyderabad

Hyderabad, a highly populated metropolis and significant IT/ITeS centre, is rapidly becoming a mega-city with a high liveability index. Furthermore, the city benefits from circular development due to the outer ring road (ORR), which promotes multi-directional expansion. Check out the list of top Real Estate companies in Hyderabad that have contributed significantly to the city's infrastructure development below.

Ramky Group, Prestige Group, NCC Urban, SMR Holdings, Aliens Group, ARK Infra, Salarpuria Sattva Group, CPR Constructions, Ashoka Developers and Builders Ltd, PVR Developers, Jain Housing, Hanu Reddy Realty India Pvt Ltd, Aparna Constructions And Estates Pvt Ltd, Shathabdhi Townships Pvt. Ltd, Sawera Townships India Pvt Ltd, INCOR Infrastructure Pvt. Ltd, Praneeth Group.


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