Premium Homes Are Driving the Realty Segment of Hyderabad

The homebuyers in Hyderabad find it a great deal to invest in the premium homes and villas across various localities. Read on the following article for the current scenario of property market of villas in Hyderabad. 

The realty segment of Andhra Pradesh is being driven largely by the increased investments at a rapid rate, and the industry has experienced an increasing buying trend in the last few years. When we talk about employment generation and GDP contribution, the real estate segment has contributed the most of it.

The latest trend among the buyers is investments in premium homes or villas. These villas have largely changed the realty scenario of the city. The booming demand for the villas has led to introduction of more and more independent villa projects across all localities in Hyderabad, including areas like Shamshabad, Kompally, Gachibowli, among others. The buyers find it a better option to invest in villas in outskirts of the cities than apartments because these villas are still available at affordable rates.

Elite Villas

offering duplex villas in plot size of 2727 Sq. Ft. Total land area of Elite Villas, Gachibowli, Hyderabad is above 20 acres, where the Phase-1 is being built in 6.8 acres of land with 59 villas. The construction of project is progressing at a rapid rate and will be ready for possession by the end of 2014. These are the independent villas in gated community where the Elite Villas price is 90 Lakh for West Facing homes and 95 Lakh for East Facing homes.

Location advantages of Kollur

Kollur is one locality in Gachibowli that has gained recognition in the real estate market of Hyderabad. It is also located close to the Outer Ring Road (ORR) and is well surrounded by leading schools, engineering colleges, business schools as well as universities. Besides, a small railway station is proposed at Nagulapally, which is located at a distance of just 2 KM and is being developed as a passenger terminal. This locality also offers excellent connectivity with the central business district of Hyderabad, and the commuting time from Kollur to the financial district of Hyderabad is less than 10 minutes.

Experts’ Opinion

According to Confederation of Real Estate Developers Associations of India (CREDAI), national president, C. Sekhar Reddy, “people were still looking to invest in Hyderabad because of the rock-bottom prices compared to cities like Chennai, good infrastructure, availability of manpower, affordable cost of living, cheapest rentals and good climate”. In such a scenario, investing in premium homes can ensure great ROI.

Rashmi Karan is a professional writer who writes about the realty industry of India and focuses on offering location-specific information of the cities. She also offer solutions for the real estate related queries.