Owning a home is a substantial investment. It is more than just a trend since it is a gateway to long-term financial stability. Furthermore, buying a house rather than renting is a better option since the sense of ownership gives you peace and joy. It further saves all the rent money to be put into other productive tasks requiring capital investment. Furthermore, owning a property gives you long-term benefits in the form of building wealth and tax benefits. However, investment in Real Estate is no walk in the park. A lot of planning and clever due diligence is required to own your dream home. Nowadays, there are many real estate investment opportunities in different parts of India. Especially in Hyderabad, the Real Estate market is at an all-time high. So, if you’re someone looking for Apartments in Hyderabad, then a variety of great options such as 2, 3, or 5 BHK Apartments in Hyderabad are available.
Hyderabad is an ideal choice and a preferred destination because it attracts the best business graduates into top global MNCs. It is the hub of growing startups in the IT/ITeS, BFSI, pharma, and biotechnology sectors. So, ample employment opportunities make Hyderabad lucrative for real estate investment.
Here are some tips on real estate investment in Hyderabad:
Quality of Life: The quality of life in Hyderabad is comparatively a lot better than in other cosmopolitan cities. The air and water quality, hygiene, and the overall environment are favorable in planned roads and lower population density. Hyderabad stands as the 143th best city globally and 27th in India.
Construction Cost: The construction cost in Hyderabad is 14% lower when compared to other cities. Especially when compared with Mumbai, there is an aggregate 10% profit towards construction cost in Hyderabad.
Safety: Safety has to be the number one priority when planning to buy a home for residential purposes. Hyderabad is known as one of the safest cities in our country; hence is an excellent option for purchasing a home.
Cost of Life: Great employment opportunities coupled with inexpensive living costs makes Hyderabad more economical when compared to other cities.
- Infrastructure Developments: Growth in business drives infrastructural developments. Being a steady hub of growing startups in IT/ITeS and other booming sectors, Hyderabad has exponentially transformed the city’s infrastructure, making it a suitable place for real estate investment.
Why is it a Good Time to Invest in Hyderabad?
Hyderabad has shown rapid growth in its infrastructural development. The Strategic Road Development Plan (SRDP) has increased the influx of various quality construction in the State by making commuting easy and accessible. This has increased property appreciation rates and is excellent news for the real estate sector. Such rapid developments over the past couple of years have significantly increased commercialization in Hyderabad. The close vicinity of reputed colleges such as Indian Business School and IIT Hyderabad, and international schools make property investment lucrative in the capital. The increasing commercialization attracts more and more people searching for opportunities and forming a circuit of a higher-income population.Initiated by the Government of India, the Atmanirbhar Bharat 3.0 package is encouraging real estate investors to invest in the market by offering tax benefits to individuals who are planning to purchase a new residential property valued up to Rs 2 crore. The e-governance initiatives, development of Hi-Tech city and Software Technology Park, Hardware Park, Knowledge Park, and establishment of a financial district are attracting a lot of Foreign Direct Investment. Furthermore, Hyderabad is 2nd in ease of doing business among Indian cities, making it profitable for foreign MNCs to invest in India and set up their subsidiaries. The new economic policy further streamlines the investment process and gives incentive to people to invest in Hyderabad Real Estate. Such a favorable cycle enables banks to lower the interest rates on loans, especially home loans, to gain higher returns in the market. The lockdown has been a valuable lesson for real estate investment. It has made us realize the importance of owning a home and strategic real estate investment. Moreover, it has made us realize the significance of homebuying towards ensuring your safety, financial stability, and happiness. Therefore, Bollineni Bion, one of the premium projects in Hyderabad, is always equipped to cater to all your needs. Bollineni Bion by BSCPL is a project that redefines urban living with modern amenities such as Yoga, Tennis Lawn, Swimming Pool, Kid’s Play Area, Gymnasium. Billiard, Basketball Court, Badminton Court, Amphitheatre, and a lot more! The project further provides the best-in-class luxurious lifestyle with a one-of-a-kind quiet urban landscape with a fantastic view of the sunset.