Tuesday, 7 March 2017

Affordability drives residential real estate growth in Hyderabad’s Bachupally


Real estate market in Hyderabad has a huge potential for every type of properties. Though the complete city is full of investment opportunities, some regions like Bachupally in the North-west Hyderabad are gaining more popularity. Factors like improved connectivity, proposed infrastructure projects and Investment Technology Investment Region (ITIR) have worked as the driving force behind the growth of residential real estate in Hyderabad.

Falling under Greater Hyderabad Municipal Corporation (GHMC), Bachupally has emerged as a prominent housing market. In today’s time, it is one of the most preferred areas for affordable housing in Hyderabad. Here are the major factors favoring residential expansion in this realty market in Quthubullapur district.

Commercial prospects

Reputed IT companies including Tech Mahindra, Mouri Tech and a specialized economic zone (SEZ) are located close to Bachupally. Apart from this, pharmaceutical, apparel, and manufacturing units tailoring to the occupation needs of individuals are also located close to this locality. This is one of the reasons behind growing demand for residential real estate in Hyderabad this area.

Modes of commutation

Bachupally is a well-connected locality with a number of conveyance options. It offers smooth connectivity options via ORR. One can reach HITEC City and Gachibowli from Bachupally just in 20-30 minutes. Further, people who prefer traveling via public transport can easily find buses and trains from Hafeezpet railway station.

Housing landscape

The commercial expansion has worked as a real estate trends accelerator in Hyderabad. Ample employment opportunities and social facilities make it a convenient residential destination. Real estate trends in Hyderabad show immense growth opportunities for this region. Ranging from mid-sized affordable housing units to luxury apartments, the area has plenty of choices for every type of home buyers.

However, encroachment by illicit developers has made it difficult for the investors looking for real estate Property in Hyderabad to find a right option. The property buyers need to be extra careful while investing in real estate in Hyderabad. Apart from investment properties, there is a huge demand for rental properties by the individuals working in nearby areas. So you can buy a home in Hyderabad’s Bachupally and can get regular income by renting it out to working professionals.

Post By : Shrikant Sain

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