Introduction
The city of Hyderabad is expanding rapidly. Land prices are skyrocketing as infrastructure becomes available on all sides. But no one seems to be down. They are looking for their own house and land. Where to find cheap land around Hyderabad? Wherever you invest, that money will double. They are thinking in terms of ensuring the future.
Hyderabad Real Estate Update: Reality creeps in around ORR. Land prices are increasing in those areas. But if you want to invest in the city now, real estate experts say that East Hyderabad is a good option.
Buying a House in Hyderabad
Buying a house in Hyderabad is the dream of the average person. They are thinking of getting their own house ready, even if they are unable to live on rent and take a loan or a bank loan. They plan accordingly. And compared to all other areas of Hyderabad, are the house prices in the area currently low? Now let’s see where it is profitable to buy.
But investing in a house or land these days is a million-dollar affair. Many real estate companies complain that house prices are increasing day by day and land sales are going on in Hyderabad city.
Building societies and real estate consultancies say that houses are still available at budget prices in many parts of Hyderabad. It is said that the price ranges from 40 lakhs to 70 lakhs depending on the price range of residences with an area of 500 to 1200 square feet.
Availability of Houses at Budget Prices
Real estate agencies say that the availability of houses at these budget prices is high in the East, North, and South zones of Hyderabad. Area-wise, apartments and villas are now available in Bandlaguda, Karmanghat, Kushaiguda, Hayat Nagar, Annojiguda, Mallapur, Uppal, Pocharam, Ghatkesar in Hyderabad suburbs at affordable prices.
Many gated community projects are also available here at attractive prices. Homes built with quality materials are available at an affordable price that you can afford. Houses are also available in the surrounding areas of Suchitra and Kompally on the northern side of Hyderabad. Many companies are offering apartments in Dundigal, Bahadurpally, Genomvalley, Gajula Ramaram, Kaukuru, Mallampeta, Gundlapocham Pally, Maredpally, and Sameerpetal at budget prices.
Prices in These Areas May Increase Future
A lot of development has already taken place on four sides of Hyderabad. Reality has crept in around ORR (Hyderabad Real Estate). Land prices are steadily increasing in places around the Outer Ring Road.
But if they want to invest in the city now, East and North Hyderabad are the only good options, say trade analysts. The prices in these areas are expected to increase further in the coming days. According to the analysis released recently by the leading firm No Broker, East Hyderabad is the right place for investment.
Conclusion
Homebuyers are likely to get a property at a reasonable price if they consult with a builder in the current situation. Not only that, you can also play a bit of a bargain with the builder. Hyderabad currently has hundreds of mega residential and commercial projects completed and ready for sale. Real estate experts say that we get a chance to choose a flat of our choice in the project where we want to buy a house. For more information, visit our Openplot.
Also read: Hyderabad MMTS Route Map, Fare, & Its Impact on the Property Market?