Your gaze falls upon the shimmering expanse of Hussain Sagar Lake, its waters reflecting the fading light of the day. The majestic Hussain Sagar statue stands tall, a symbol of the city’s rich heritage and resilience, and as you walk by, the thought occurs in your head, “Maybe you should an apartment in Hyderabad and think of settling down.”
This is a question that many home buyers and property investors ponder upon and one that deserves careful consideration. There are two sides to this question. Buying an apartment or any real estate is considered a huge investment in our country.
There are two reasons to buy an apartment
1. To build your real estate portfolio and add assets that gives you rental yields or good resale value.
2.The other is the more emotional reason, to find a home for you and your family.
For either of these reasons, It becomes extremely important to consider all the factors while buying an apartment in Hyderabad.
1.Hyderabad is a fast-growing IT and Business Hub
Hyderabad is rated the best in the country in terms of ease of doing business. There is not only a concerted effort by the Telangana govt to incentivise top companies from all over the world like Microsoft, Bank of America, etc to set up offices in Hyderabad, but also an effort to encourage startups to become the innovation centre of the country.
Hyderabad has gained the nickname, Cyberabad for this very reason. This provides ample opportunities for you to envision yourself building a long-term career in this city. You can buy an apartment in Miyapur which is part of the HITEC city business district.
2.With a focus on infrastructure, it has a robust real estate market
When the state prioritizes infrastructure development, building public access spaces, tech parks, etc there will be a huge influx of people looking for opportunities. Hyderabad is also very well connected to different parts of the country and major sections of the state via road and air transport.
A good infra increases the demand for real estate. This Means the property prices are consistently increasing, giving a good possibility of capital gains. With a 5.8% raise in asset values each year, buying an apartment in Hyderabad a good investment as well. You can find many apartments for sale in Patancheru, a thriving industrial district in Hyderabad.
3.Enhanced connectivity around the city
With greater connectivity through flyovers, public transportation projects, etc there is significant demand for properties all around the city. The constant influx of people also implies there will be a high demand for rentals in and around Hyderabad.
So, even if you’re not planning to sell the property, you can make substantial income off the property by giving it out for rent. That’s why even if you’re buying a real estate property only as an investment portfolio, it will still work out positively for you, that’s how robust the real estate market in Hyderabad is. Kompally is one such area for investing in an apartment. You can find apartments for sale in Kompally, an emerging residential hub known for its proximity to major urban centres.
4.Education is a stand-out feature of Hyderabad
Hyderabad’s educational excellence is undeniable, as evidenced by the remarkable achievement of 60% JEE (Advanced) candidates from the city. This success reflects the city’s robust education infrastructure, encompassing top-tier institutes across diverse fields like
- Business
- STEM
- Law
- and medicine.
Further, Hyderabad boasts 17 of the world’s top 1000 research institutes, per SIR rankings. This educational prowess makes Hyderabad an ideal destination for real estate investment, offering a nurturing environment for personal and professional growth. Buying an apartment that opens doors to a future filled with opportunities.
5.Centuries worth of historic and cultural significance
Hyderabad is a city with more than 400 years of rich history right from the Mughal era to the Nizams, to the influences of the British and post-independence. We can see this in heritage sites such as
- Golconda Fort,
- the world-famous Charminar
- Salar Jung Museum etc.
- Telangana has its art form called the Kuchipudi, one of the 8 major Indian classical dances.
Not to mention Hyderabad is also the home to the global hit RRR. The Telugu film industry now globally acclaimed. With every new release celebrated as if it’s a big festival.
Wait, There’s more. Did we forget the world-famous Hyderabadi Dum Biryani? Hyderabadi cuisine has influences from Turkish and Arab palettes making it exotic as well as local.
Known for its spicy and tangy platter, food is very much a part of the culture. These cultural and historical influences make Hyderabad an exciting place to live in. One such historical area where you can find flats for sale is Kothaguda, known for the Pakhal Lake built by Kakatiya rulers.
6.Guaranteed better quality of life
Hyderabad stands out for its affordability, offering a 12% lower cost of living compared to Bangalore, according to Numbeo. The city provides a diverse range of amenities for
- Healthcare
- Entertainment
- Shopping
- Recreation
- culinary experiences
- lifestyle pursuits.
Hyderabad’s cosmopolitan nature attracts people from various cultures and backgrounds, allowing you to experience global cuisines, art forms, and people right in the city. Its numerous parks and recreation spots enhance the living environment, making it a desirable place to reside and buy an apartment.
7.Safety and security, a top priority
Safety and security are paramount when considering buying an apartment. Both the safety of living in that apartment and the security of the real estate dealings for your peace of mind.
According to the Hyderabad police crime has been declining since 2019 in the city. Hyderabad is among the top 10 safest cities in India making it a viable destination for property purchases. Therefore, buying a flat in Hyderabad is a safe investment in more than one way.
Now the question is where to find a suitable property to buy?
The best place to do that is through the properties.market. properties.market is India’s most trusted property classifieds for real estate and mortgages. It connects buyers, sellers, investors, landlords, and tenants in a seamless and user-friendly way with a presence in India and the Middle East.
With a sigh of relief, you order a bowl of the buttery sweet corn, and you remind yourself not to break your head on this and relax a little or as Hyderabadis say it, “Dimaag kharaabich nahi karne ka, bas light lene ka”.
