Real estate in twin cities of Hyderabad & Secunderabad
Oct 22, 2013
Source : The Times of India


HYDERABAD: Real estate in twin cities of Hyderabad and Secunderabad in the last decade has witnessed both vertical and horizontal growth. One can find a property that suites his or her requirements and budget.

Every place in the twin cities, be it small colonies or upscale locations, have seen growth and will continue to grow year on year.

Many families from various parts of India made Hyderabad or Secunderabad, their home town and settled here. And many will continue to settle here in the years to come.

Small or big, everyone has an employment and business opportunity in their desired vertical of trade.

Living comfort

Needless to say, these twin cities have the right climate that makes living very comfortable in any given season of the year, and it’s a known fact. The cost of living is lowest in Hyderabad and Secunderabad when compared to other metros in India and both are known for being peaceful.

At present, no metro can match Hyderabad in infrastructure such as roads and other amenities. It is the hub for best academic education in India- tops the list in medical practises, hub for Pharma companies, Aero and Engineering sectors, in addition to software and ITeS.

Current political disturbances will not stop the growth or hold developments in Hyderabad and Secunderabad. The city will bounce to become the capital city of various trades in India.

Developers are presenting real estate in tandem with current demands coming from different economic strata of people.

Along the new outer ring road connecting many places of greater Hyderabad, one can observe substantial growth in plotted layout.

Many luxury villas and apartments in a gated community already exist and many are coming up in places within city limits, needless to say the standalone flats have also seen major evolution on design, elevations, layout, internal and external facilities offered by developers. All these properties are easily at affordable prices when compared to the other metros.

Property trends

Trends show that many buyers decide to buy property in a location of their interest, based on their requirements and reasons. Few buy properties in growing places and few buy in the current or neighbouring places that they are accustomed to live. The search of an ideal property which matches buyers’ requirements and budget can be tiresome.

Every developer speaks good about their project, and promotes the project to find a prospective buyer and adopts all possible business practices to convert the lead to customer.

Many property buyers think they can just walk into a developer office or construction site, see what is displayed and read the given information, inform and or speak to few friends and relatives on what they saw and proceed to buy a property.

The role of a real estate broker is very crucial. It is advisable that one should speak to a few brokers and choose one among them, to render their services, which could help in making a good decision to invest or buy a property that can give good returns, and is free from possible issues that one may face with time.

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