NRIs from Dubai, Singapore, and Hong Kong are flocking to Hyderabad, making it the hottest destination for property investments. Areas like Shamshabad, Patancheru, Gandimaisamma, and more are the prime focus for these savvy investors.
Reasons for this surge? Hyderabad boasts exceptional infrastructure, a cosmopolitan culture, law and order, and various other attractive aspects. Notably, many NRIs planning to settle in India are securing their piece of Hyderabad.
But it's not just NRIs. Employees and investors from across the country are also recognizing the potential. For professionals, quality education, excellent transportation, and urban amenities make Hyderabad a top choice.
Businessmen and community members from places like Bihar, Ahmedabad, and beyond are joining in on the action. The trend of purchasing properties in Hyderabad, especially among employees and businessmen, is growing at a consistent rate of three to four percent annually.
And here's the kicker: Hyderabad's real estate market is thriving. Newly elected CREDAI Hyderabad President V. Rajashekhar Reddy confirmed that the luxury housing segment witnessed a staggering 260% growth in the past nine months. The city's office space market is also on fire, recording the highest new office completion and absorption in the country, with 2.9 million square feet transacted in Q3 2023.
In summary, Hyderabad is the place to be for property investments and real estate growth. With the robust support of the Telangana government, CREDAI is set to further elevate the city's brand image.
Gopi Krishna Acharya K
wa.me/+9160759774
http://www.investmentplots.in
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