Before buying a property
in Hyderabad it is very important to consider how well your investment
would fare in the long term. For the vast majority of us, our home is the
single biggest investment we will every make. Hence before buying real estate in Hyderabad and other
cities it is crucial to consider how a region's property market has performed
in the past and how it is likely to perform in the future. Many builders
and developers in Hyderabad offer discounts on any property consumers
buy, however, it is important to consider the value-add of such discounts
before signing on the dotted line.
Trends in a Property Market
The direction in which prices move in a property market is a
crucial consideration when deciding in which project in Hyderabad to invest your money. Needless to say, the
most upmarket localities tend to also be the safest investment as they nearly
always have excellent supporting infrastructure. Well-built localities should
have easy access to medical facilities as well as proximity to schools and
malls. Modern homebuyers have come to expect such amenities from upmarket homes
located in plush regions of a city. When facilities mentioned above are found
wanting in a locality such a neighbourhood is deemed less fit for occupancy,
particularly by upmarket house hunters.
Taking Advantage of Discounts and Offers
Knowing where to buy real
estate in Hyderabad can be judged by knowing price history a certain
locality. Additionally, as the festive season is in full swing and the top builders in Hyderabad have a large number of offers and discounts
for buyers, it is the buyer's duty to seek out the best deal. One such
criterion is by seeking out value adds on amenities and interiors, if builders
are offering real estate in Hyderabad with slightly better built
up interiors at the same price for a flat then such a proposition is likely to
be beneficial to buyers. Additionally, more amenities offered by buyers at the
same price for a flat is also likely to be a winning proposition for buyers.
Know a Neighbourhood Better
It is also important to know the rental yields of real estate in
Hyderabad in a locality where you expect to buy a home. Rental yields are a
strong indicator of the quality of a locality as the neighbourhoods with the
best amenities and physical infrastructure are the ones which command the
highest rentals. Regions with affordable
housing in Hyderabad which nonetheless command respectable rentals of
over ten thousand rupees a month may also be excellent locations to buy a property in Hyderabad.
The Crème De La Crème of Hyderabad
Some of the most desirable localities to reside in Hyderabad are
Somajiguda, Kukatpally Housing Board Colony, and Ameerpet. The first two of the
mentioned localities command property rates of approximately 5,500 rupees per
square foot while the last commands a price of approximately 4,600 rupees per
square foot. All three mentioned localities are the most expensive localities
in Hyderabad and hence also command the highest rental value from tenants. Property in Hyderabad in any three of
these is a good bet.
For more: propchill.com
Contact number: 0124-4370612/13/14
Email ID: support@propchill.com
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ReplyDeleteit's my pleasure dear Amit Aadarsh sir
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