Hyderabad is at the helm of massive growth. While the property market is sluggish in a ton of other major cities across the nation, it is flourishing in the capital of Telangana. And for you readers, it’s the right time to take a shot at it. Whether you are looking to settle down in a 2bhk apartment in Hyderabad or considering adding to your portfolio of investments, Hyderabad makes the case for being the best bang for your buck. You ask why? Read on to find out.

The government of Telangana is on a roll with giving the city a major infrastructure upgrade. Some of its moves include strategic road development, airport expansion,metro rail extensions, construction of an expressway, implementationof projects such as an Aerospace Park SEZ and Gaming and Animation Park, and ironing out utility-related woes. They are helping lay the ground work for a thriving city life, transforming the way we access living spaces, commute and work. In terms of quality of life, Hyderabad is beating other major cities such as Bangalore when it comes to cost of living, safety, pollution, and commute time, amping up the investments in the city and driving up the underlying value of properties there.Hyderabad is not far away from becoming a truly global, bustling business hub, thanks to initiatives such as the Telangana State Industrial Project Approval and Self-Certification System (TS-iPASS). These initiatives have created an environment where doing business is increasingly becoming a smooth sail, attracting large multi-national companies such as Apple and Amazon. In addition, Hyderabad is being hailed as the fastest emerging IT hub in the country, with other sectors such as Electronics and Pharma growing at a rapid pace too. From an investment perspective, this is fueling a momentum in the demand for residential and commercial properties. All these factors are serving well in terms of providing higher economic prosperity, better job prospects, chances at upward mobility, and benefits such as being able to live closer to work. For those looking to buy an apartment for their ‘forever home’, the city offers all the right ingredients for a life that is comfortable and fulfilled.

Real estate property sales have been on a steady upward climb in the city over the last couple of years, despite the recent slump in other cities around the country, sparked by demonetization, GST, and other such factors. That shows resilience. Furthermore, Hyderabad is still considered to have enough inventory in terms of affordable housing even in the case of luxury apartments, in comparison tometro cities such as Mumbai and Delhi where homebuyer fatigue has set in, courtesy the pricey housing. Also, with Real Estate Regulatory Authority (RERA) functional now,you will have a lot more transparency with regards to your real estate project. The possibilities of your investment going wrong is much lower, with no fund diversions, delayed completionsand frauds.

Those investing in properties right about now stand to benefit not only from the lower prices, but a brilliant investment.With decent capital appreciation and high rental yields, you’re more than likely to rake up good profits, specifically with apartments in Gachibowli, Kondapur and other such areas, and not be left with a soured view on your property investment decisions.Turns out you can have your cake and eat it too. So, if you are considering this powerplay move into real estate, you can be assured that the city is indeed a treasure trove. Now is the right time to scoop up a property because prices are going up at an incredibly swift pace. You can start your search right here! Check out the luxury apartments 2&3BHK at Ramky One Galaxia located at Nallagandla, Gachibowli which will put you close to hi-tech city and IT corridor with proximity to malls and hospitals. This project also features a Futsal ground, the first of its kind in Hyderabad’s gated communities!What’s more, the apartments have a superior security system with solar fencing and surveillance cameras. You also have the option of upgrading your home security with features such as video door phone, panic button, and gas leak detector.

Why East Hyderabad Real Estate a Best Investment Option?

Although the economic crisis has hit hard the real estate sector in some parts of the country, the youngest metropolitan city, Hyderabad real estate has very minimal to zero effect on its investments. Since the past few years, real estate investors are always on the lookout for Hyderabad investment for its affordable rates and healthy profits for the long term.

Real estate growth in Hyderabad is high in all categories of commercial and residential spaces. Although healthy growth is been observing in the west, north, and south, the state government and the development community are making concerted efforts to promote growth in east Hyderabad real estate through the Look East Policy (LEAP).

The good news is that the Telangana government is pushing many positive steps and programs to make Hyderabad a truly global region. There are numerous laws that are implemented to make business easier. The Government has created an environment conducive for industry, which will strengthen the east Hyderabad real estate as an investment destination.

What is LEAP?

Telangana government has prepared a blueprint “Look East policy” (LEAP) in order to enable IT and associated firms to take up their office in the eastern part of the city. The developers taking on commercial & residential space ventures would benefit in particular. All real estate developers choosing to go to these places will also get some advantage. LEAP intends on concentrating more on the development of areas like Uppal, Adibatla, Keesara, Vijayawada, and Sagar roads, that would be built in line with the other prominent hubs.

As part of LEAP, the Telangana government concentrates on expanding the IT growth to the east of the city. With some existing leading companies like Raheja Mindspace, Genpact, and Infosys SEZ Campuses in Pocharam more are yet to come. Since Pocharam offers plenty of opportunities and to improve more on other parts of eastern Hyderabad, Uppal is the apt place considering there enough land within the 10-15 km radius of Uppal.

The LEAP provides a new platform for the Hyderabad real estate to expand. At present, the east Hyderabad has huge constructions, with a population of 2-3 million residing over there. This part of real estate will have an additional advantage from the inner road, metro linking and social infrastructure. Govt initiatives and attractive proposals can further increase real estate growth in the already expanding market.

Real Estate Boom at East

For Hyderabad real estate, the main authorizations are a business and residential spaces. Telangana Government drives towards east Hyderbad developments to reduce the strain of services in the western parts of the city by pushing towards a geographically more integrated growth. The advantages of developing the eastern parts of Hyderabad would be gratified since more jobs will be available, de-congest and the time reduction for thousands of travellers in the west of Hyderabad from the east to the IT hub will be promoted. The metro rail project also is promising in terms of uniting the eastern & western limits of the city that include the SEZ industrial corridors & the IT hubs.

Nonetheless, this would happen if government subsidies to developers and the IT firms that set up infrastructure in the eastern parts are funded. One of the big IT participants are expected to relocate nearly 5,000 people to the east Hyderabad. Since the traffic problem is already reduced due to metro connectivity. As in the western side of the city, the company employs a lot of employees, so it conducted an internal study and found that nearly 40% of the workers were from Secunderabad. Such people will be more likely to be happily accommodated from the Eastside campus.

The main evidence of East Hyderabad real estate development is in infrastructure (such as roads), law and order. Two vast IT Parks, NSL Arena and DSL Abacus situated on either side of a 120-foot-wide Ramanthapur road (NH 202) have given way to excellent residential infrastructure development and mom-and-pop shops.

ITIR Region

ITIR (Information Technology Investment Region) is subjected to focus more on the eastern part of Hyderabad primarily including regions like Uppal and Mamidspipalli, Adibatla, Pocharam, and Maheswaram. For its growing, a lot of places in Hyderabad are observing traffic congestion with full packed crowds, so there was a need to spread the IT zones across all the parts of the city.

If launched, it is expected that it will bring a second wave of IT growth to Hyderabad. It is intended for establishing and growing IT, ITES, and EHM units as a self-contained, integrated knowledge cluster. This is to suggest, a mix of production units, public services, infrastructure and the system for environmental protection and residential areas.

The ITIR will also include Special Economic Zones, industrial parks, free trade zones, warehousing areas, export-oriented units, centres for growth and settlements and estates/services in existing industries. Ultimately, once the ITIR has been set up, direct and indirect jobs are expected to be created.

Conclusion

The decision by the Telangana Government to extend industry to the eastern part of the city would encourage more growth prospects in the IT sector for Hyderabad. The entire corporate world is in love with this youngest metropolitan city. In addition to the involvement of Indian blue-chip firms, the world's well-known corporate giants branches in Hyderabad are rising. The east Hyderabad real estate market is expected to flourish with workers from all over the world. All these factors simply say that if you plan to invest in Hyderabad real estate, this is the right time!

Are you thinking of investing in Hyderabad but are puzzled about making the right decision? No issues, browse propertyadviser.in to find all the latest real estate news and plots for sale in Hyderabad to make a profitable investment.