Real Estate Research Consultants India
real estate in Hyderabad-still an emerging sector?
Whenever two regions converge, the effect is comprehensive- in terms of the demographic, cultural and social implications. This to a large extent defines the cityscape, food habits and the dialect of a city. Hyderabad is one such city which is a confluence of the north and the south.
Hyderabad being the capital of Andhra Pradesh is also the IT district of the state. It is hence an attractive destination for investment.Nevertheless being the hub for Real Estate Builders, the city has its own distinct SEZ s, IT parks and a new international airport which is about 25 kms from the main city.
There has been an unprecedented rise in demand for Hyderabad Properties during the last 3 years. Whether it is Luxury Homes, Flats with home automation or commercial malls options now are limitless and varied in terms of apartment types and sft sizes. Aliens Group. Mantri, Lodha, Lanco etc are some of the builders who have joined in the race.
Hyderabad which is also considered as the gateway of the south is one of the rapidly developing city of India. Real Estate Property in Hyderabad has developed in leaps and bounds too irrespective of the region, the key factor being connectivity. Hence this information technology and biotechnology hub of India has proved congenial for the growth of all allied as well as remotely connected sectors.
The city is also dotted with prominent academic institutions and research labs. The city holds a sound infrastructural set up to support various types of extensive research. Apart from this, the city boasts of various pharmaceuticals companies like Dr. Reddy’s Laboratories, Matrix Laboratories, etc. And when we talk of Hyderabad one cannot help but mention the Ramoji film city which is a promising location for the already established film industry in Hyderabad. These and other various factors have resulted in the appreciable growth as well as hike in the Real Estate Property Prices in Hyderabad. Aliens Space Station 1 believed to be a one –of- its- kind project of Aliens Group is aiming at the premium segment.
Besides the government of Andhra Pradesh has also built collaborations with other countries to promote the Real Estate Industry. The state-owned Andhra Pradesh Housing Board (APHB) is one such initiative which has been associated with two overseas partners (Malaysia and Singapore) to develop integrated townships with world class amenities. This is expected to cater to the surging real estate demand. It would not be impertinent to mention here that the yield from commercial and retail property have been around 8-12% for commercial and 5- 7% for residential property. Other builders like “Aliens Group” has also partnered with international consultants for architecture, planning and designing to bring the best and have a competitive edge in the market.
Hence the Demand for residential, commercial to industrial property has been a deciding factor for the tremendous hike in the valuation of real estate property. Constant support from government to real estate in form of collaborations and funding has also boosted the demand for Real Estate in Hyderabad.
To sum up Real Estate Property Hyderabad is characterized by remarkable boom in the valuation due to many favourable factors. Some of the core determinants for the hike in the real estate sector are highlighted below -
- Multi brand shopping culture.
- Boom in retail sector.
- Liberalization of FDI norms by government.
- Development and improvisation of infrastructure.
- Enhancement of connectivity to all parts of the country and world.
- Setting up of Special Economic Zones (SEZs), IT Parks, etc. by government.
- Improvement in infrastructure (roads, telecommunication etc)
- The new international airport to the south of the city.
- promotion of parks, entertainment zones and hotels. Through APSRTC
- Incentives being offered by the ministry (subsidy in stamp duty and registration charges of property).
About the Author
Aliens group is a young and dynamic company aiming at people living on the fast track we understand the needs of the changing world and develop customized houses keeping in mind stringent quality policies and international standard infrastructure practices. True to our innovative spirit, we offer an unprecedented bouquet of services and top-of-the-line amenities to our customers. For more information on our Projects, Visit our website www.aliensgroup.in
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