The real estate in India is moving at a fast pace and the industry has seen the upward trend over the last few years. One of the other major factors which leads to the booming of this industry in Hyderabad is the growing IT sector which has resulted in more IT companies and its employees in the city and thus need for more properties including official complexes, residential places, and others.
In terms of employment generation and resource generation towards the country, this industry in India ranks at second position all over the globe. All the states and cities of India are witnessing growth in real estate and Hyderabad is no exception to this. It is undoubtedly a growing city with large number of big projects coming up like IT parks, star hotels, Textile parks, Hardware parks, townships, villas, gated communities etcetera which leads to the rise of the industry.
Hyderabad is one of the major cyber centers in India. The influx of large number of techies from all across the country and overseas has resulted in an upsurge in the demand for property for sale in Hyderabad. The heightened real estate activity in Hyderabad in the recent years have made both investors and property agents excited about the prospects, partly because of the fact that prior to IT revolution in India, the real estate market was largely sluggish in the city. It is only after the setting up of development centers by major IT players that the city has really woken up from a deep slumber. Currently, the prime locations in the city command excellent goodwill among the real estate investors.
Most investors prefer buying plots for sale at townships in and around these prime locations of Hyderabad. Besides plots, there is also a huge demand for luxury villas in the city. With increase in disposable income capacity among the middle class Indians, high-end villas and bungalows have suddenly witnessed a great surge in their demand among investors. The exponential growth in and around the city has added to the development quotient, and resulted in increased real estate activity in the city.
Hyderabad is slowly, but surely, catching up with the mall culture, with a large number of malls, ranging from multiplexes to exclusive shopping malls, in the pipeline and several already running successfully.
In terms of employment generation and resource generation towards the country, this industry in India ranks at second position all over the globe. All the states and cities of India are witnessing growth in real estate and Hyderabad is no exception to this. It is undoubtedly a growing city with large number of big projects coming up like IT parks, star hotels, Textile parks, Hardware parks, townships, villas, gated communities etcetera which leads to the rise of the industry.
Hyderabad is one of the major cyber centers in India. The influx of large number of techies from all across the country and overseas has resulted in an upsurge in the demand for property for sale in Hyderabad. The heightened real estate activity in Hyderabad in the recent years have made both investors and property agents excited about the prospects, partly because of the fact that prior to IT revolution in India, the real estate market was largely sluggish in the city. It is only after the setting up of development centers by major IT players that the city has really woken up from a deep slumber. Currently, the prime locations in the city command excellent goodwill among the real estate investors.
Most investors prefer buying plots for sale at townships in and around these prime locations of Hyderabad. Besides plots, there is also a huge demand for luxury villas in the city. With increase in disposable income capacity among the middle class Indians, high-end villas and bungalows have suddenly witnessed a great surge in their demand among investors. The exponential growth in and around the city has added to the development quotient, and resulted in increased real estate activity in the city.
Hyderabad is slowly, but surely, catching up with the mall culture, with a large number of malls, ranging from multiplexes to exclusive shopping malls, in the pipeline and several already running successfully.
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