Hyderabad is fondly called the ‘Pearl City of India’. The lifestyle of people living in this city, which is the capital of Andhra Pradesh, is much forward, as compared to other districts of the State. The city is growing as a major IT hub of the southern part of the country, next to Bengaluru (Bangalore) and Chennai. Apart from IT sector, business is fast picking up pace in the ITES and BPO sectors as well. Due to the rise in population, there is high demand for affordable residential properties in Hyderabad. There is high demand for the construction of integrated townships, business technology parks, IT parks, corporate offices, shopping malls and entertainment zones. More and more IT and multi-national companies are setting up their plush offices in city. All these factors have contributed to the high pace of development taking place in the real estate market of Hyderabad.
The booming real estate business of Hyderabad brings with its good news for the people residing in the city. To meet the high demand for housing facilities, the local builders and housing companies have come up with projects of affordable residential properties in Hyderabad. It is predicted that the buyers would get high return on the investments in properties in the city. People have been renting-out the residential and commercial properties, which they buy here. This is because renting-out properties in Hyderabad has turned out to be a lucrative venture.
Keeping in mind the upsurge in the demand for apartments, villas, and flats in Hyderabad, more and more NRIs are investing in the real estate business of the city. Nevertheless, the prices of residential properties in Begumpet, Somajiguda, Punjagutta, Mardepally, Secunderabad, Madhapur, Miyapur, Gachibowli, Hitech City, Srinagar Colony, and Mehadipattnam remain high. To meet the housing needs of all the sections of the society, the local builders and developers of Hyderabad are coming up with affordable housing solutions, such as one- two and three-bedroom flats.
Top Builders and Developers in Hyderabad
The builders and developers in Hyderabad have come up with a host of residential and commercial projects, to serve the property needs of people of all the sections of the society. S & S Constructions in Hyderabad is into the business of the development and construction of apartments. Renowned real estate builders and developers in South India - Equate Realtors is coming up with projects of luxury 3 BHK apartments, bungalows and villas. Apart from this, the builder also initiates the lease and sale of commercial properties, such as office and retail space, industrial sheds, IT/ITES space, and business centers.
Hyderabad based Construction Company ‘Manjeera Group’ has come up with a slew of luxury apartments, such as Manjeera Diamond Towers, Manjeera Heights II, Manjeera Majestic Homes and Manjeera Trinity. GK Constructions, Devansh Constructions and Srinilaya Projects have come up with luxurious Duplex apartments in Hyderabad.