Property in Hyderabad, Real Estate Hyderabad

One of the largest metropolitan and capital of Andhra Pradesh-Hyderabad is the fourth most populous city of India. Famous for diamonds, pearls, Telugu Film Industry and historical sites the city is a favourite spot. Also the city boasts of developments in the IT-ITES and BPO segment. Hyderabad is also called “Cyber City” and is the global centre of Information Technology.

Hyderabad real estate has seen a boom. The infrastructure has developed enormously and multi-storey buildings, malls, multiplex, better roads have been set up. The government has built special economic zones, industrial parks, and IT campuses. A new City’s new hi-tech airport at Shamshabad has also come up attracting people from all over. The city is now called HITEC City. Property in Hyderabad has become very attractive in recent times as the property rates have spiralled in recent times. Various IT companies as Microsoft, Satyam, HCL, etc have spurred the commercial property in Hyderabad.

Hyderabad real estate market has grown in residential area too. The coming up of Outer rings road and Greater Hyderabad and increased the prices to great extent. While Jubilee Hills and Banjara Hills are the prime locations other good locations include Gachibowli, Boduppa, Upperpally Mehdipatnam Ring Road, Chandanagar, Kompally, Kokapet and Kondapur. Builders are coming up with various residential propoerties in Hyderabad in these areas.