Hyderabad city harbors space, uniform growth, and diversity making it one of the better cities to settle in. Known as the city of Nizam, Hyderabad is a preserver of heritage while being rampant at urbanization and growth. The structures growth coupled with urbanization has led to a large population migration and a trickled down change in market scenario (demand and supply).

The journey from being a city of heritage to just being a tech hub to now becoming a hub for investors looking to buy flats/apartments in Hyderabad.

What triggered this transformation?

The surge in IT sectors coupled with holistic infrastructural development has pushed the city to this mark wherein it witnesses rampant migration of working population seeking temporary to permanent settlement in the city. The IT giants like Google, Microsoft, Deloitte, and even smaller start ups seek professional solace in the city since they find the surroundings to be likewise.

In the last decade, the city has seen itself grow from a basic city to a metropolitan city facilitating major residential and commercial development. The supply end of the city has been so fast paced and rigorous, the growth pattern is uniform and equal. Another added advantage is “sufficing all requirements”; the developers have understood that buyers seeking flats for sale in Hyderabad don’t have a set pattern. They need space, and lifestyle. The supply end is set such that every requirement has a set supply tagged to them.

However, any buyer would require an understanding of which location would suit them and their needs the best. For buyers who aren’t locals, it is integral for them to know and well research the pros and cons of all the locations.

While all the micro-markets and locations in Hyderabad are developed at par, some have the advantage of proximity to social and commercial infrastructure, and some have the benefit of local commuting via metro. The overall development of real estate in Hyderabad is well structured and fast paced in terms of delivery. Thus, the fear of delivery or any other concern is minimal.

Let us look at the most lucrative locations of real estate in Hyderabad from both investment and end-use –

1.      Gachibowli | Cyberabad – The IT hub of Hyderabad with major MNCs and IT firms being located here, the development here is manifold. Major developers are focusing their mega projects in this location since the end-use and rental, both markets. The social infrastructure is established with shopping malls, retail outlets, plus proximity to the upcoming commercial hub Financial District makes this a lucrative option. The location is close to Outer Ring Road (ORR) making connectivity easy.

2.      Kondapur – Very close to the Hi-tech city, this location screams development like no other micro market. The location is also blessed with natural and curated greenery with concepts like green corridor, cycling path and other recreational spaces. The location is close to ORR.

3.      Kukatpally – This is an upcoming development and an aggressive work in progress. With at least 5 upcoming mega projects in its kitty, the location is becoming an upcoming hotspot for investors and flat buyers of Hyderabad.

4.      Hydernagar | Nizampet – The upcoming sought-after location, this micro market is a perfect amalgamation of premium living under affordability. Being close to IT parks, and a dense influx of social and convenience infrastructure, the expanding roadwork is enhancing its appeal.

5.      Jubilee | Banjara Hills – The luxury micro market of Hyderabad, the locations accommodate maximum independent livings. The major villas, bungalows, and rowhouses in Hyderabad are located here. With a serene landscape and high-end retail accumulation, this location becomes a number one choice for luxury seeking house-buyers.

Hyderabad believes in green and sustainable living, and majority locations align their developmental strategies with that. With a good mix of both local names and branded developers making a mark, this city holds a good real estate scope for future potentials and lucrative returns.