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- August 19, 2022
- Real-estate
- 10 mins
Property rates in Hyderabad – 2022
Property rates in Hyderabad are very subjective. As per different areas and infrastructural development, the prices always vary. The rates also fluctuate considering factors like inflation, real estate market trends, changes in governments, etc. Hyderabad, located on the Deccan plateau, the city’s expansive area is home to around 7 million people, making it one of the most populous cities in the country. The city’s outstanding employment and educational opportunities are driving the increased demand for the property purchasing process. The post-pandemic era is facing a steady rise, and the demand for open plots has increased more.
Many people who are looking to buy or purchase a property in Real Estate are reluctant because they do not have an idea about the prices or the rate going on in that area. If you are looking for good investment opportunities, Property rates in Hyderabad are very important to know without which you can not make a purchasing decision.
If you’re looking for housing purposes, areas like Uppal, Kondapur, Manikonda, Suncity, and Tellapur are some of the good options. You may either stay there or purchase to rent it out for tenants. Since these areas are familiar in public and in close proximity to the main city, it is the most preferred and liked option by the people who are looking to invest in housing purposes.
Property Rates in Pharma City 2022
The most popular place for investments at the moment is Hyderabad Pharma City connecting the areas of Yacharam, Kandur and Kadhtal, as the property rates there are increasing every quarter. The demand and investment rates are high since the approval of NIMZ (National Investment Manufacturing Zone).
Since there are 12 roads connecting Hyderabad Pharma City in and out, the main road of Pharma City, which is a 200 ft main road connects the two highways at Kandukur and Yacharam (Srisailam, Nagarjuna Sagar)
The 200 ft main road, being the connective belt of the two key areas, is a total of 25 km and has multiple ventures in it. As half of the road is already developed, the property rates on the developed side are between Rs 18,000 to 20,000 per sq. yard. The ventures that are inside the main road are quite cheap and inexpensive. They cost around Rs. 6,000 to 8,000 per sq yard.
Coming to Flivv’s NS Homes, it is the most affordable and premium venture on the 25 km belt with great amenities and customer service. The project’s location and ROI options are great to consider for investment. The price is currently Rs 15,000 per square yard. Which is quite affordable as the minimum investment is only 22 lakhs.
Most of the property rates in Hyderabad are expensive for people. Property marketers always inflate the price and do sales. As a result, prospects don’t trust the brand or property, so they don’t proceed with the investment process.
Hence it is important that every marketer and prospect has equal faith and trust in each other to move forward with the transaction.
Flivv Realty, as a company of 10 years ensures transparency with every transactional activity and ensures customer-full assistance throughout the investment journey. You must always know about the property rates before starting the buying process.