There are many places to live in the world, but only a few are as exciting as Hyderabad. Not only is this city a hub for countless IT professionals, but it’s also a culturally charged metropolis. From delectable cuisine and happening nightlife to bustling streets and rich architecture, there is a lot to be sampled here.
Every year, thousands of people migrate to this city, temporarily or permanently. Most come here or are brought here for work. And when they do, the first thing they want to do is purchase or rent a home. Therefore, real estate in Hyderabad is always a hot investment.
If you want to invest in real estate in Hyderabad, here are the top 5 emerging locations to consider:
1. Tellapur
A vibrant and bustling neighbourhood of Southwest Hyderabad, Tellapur, is fast becoming a top choice for many who wish to invest in real estate in Hyderabad. One of the reasons behind Tellapur’s popularity is that it is a planned locality by HMDA.
Strategically located near the Outer Ring Road (ORR), Tellapur is a fairly posh neighbourhood with substantial greenery, upscale apartments and independent bungalows that are eyed by younger buyers.
Additional Read: Home Loan in Hyderabad
Pros of purchasing a house in Tellapur
- Real estate in Hyderabad doesn’t come cheap, but Tellapur acts as a suitable compromise for IT professionals who still find it affordable.
- It offers all types of dwelling formats. Depending on your budget, you can find apartments in excellent townships, villas and bungalows here.
- This locality is close to other important areas of the city, such as Gachibowli, the Financial District, Hi-Tech City, etc.
- Tellapur has planned retail spaces, malls, supermarkets, banks, hospitals, and fitness centres. Safe to say, it boasts an enviable social infrastructure.
- With its planned urban forestry, it provides sufficient flora and fauna to the area. The AQI here is good and offers a better quality of life to its residents.
2. Jubilee Hills
If you’re looking for an upscale neighbourhood, What makes this neighbourhood high-profile is that it’s home to many Telugu film industry celebrities. This is also one of the reasons why purchasing property in this area is expensive. But it’s worth the investment, as you will always get a substantial appreciation and an even higher rental yield.
Simply speaking, no real estate in Hyderabad list is complete without the mention of this neighbourhood. Located in Western Hyderabad, this neighbourhood is close to other popular areas such as Banjara Hills, Madhapur, Raidurgam, etc.
Pros of purchasing a house in Jubilee Hills
- It is fairly close to important areas like Cyber towers, MMTS hi-Tech City, etc.
- You will have easy access to other utility-based venues like the GVK and Inorbit alls, Delhi Public School, top banks, and Apollo Hospital.
- Offices of big corporations like PWC, Gateway Media, Lanco Global Systems, Seaways, etc. are also close by.
- Jubilee Hills offers scenic parks and ponds like the KBR National Park that de-stress its residents.
You will find several high-end real estate projects in this area, as this is one of the most expensive neighbourhoods in Hyderabad. To fund your purchase, you can easily avail yourself of housing finance.
3. Kokapet
If real estate in Hyderabad means investing in gated societies for you, look no further than Kokapet. This area has some of the most sought-after gated community villas and apartments that aren’t exorbitantly priced.
You may also find individual houses for sale in Hyderabad in this area. But we recommend checking out bungalows or villas inside townships here. These are newer and equipped with all modern amenities.
Due to the rising residential real estate demand in this area, 3000 new units were supposed to be launched by 2021. Kokapet has outstanding connectivity to other areas in Hyderabad and a well-developed social infrastructure.
Pros of investing in Kokapet
- This area is close to the major IT hubs of the city, Financial District, Hi-Tech City, Madhapur and Gachibowli.
- You can expect more bang for your buck as prices here are suitable for millennial buyers.
- It’s not too far from the Outer Ring Road and Inner Ring Road, which connects this locality with other popular neighbourhoods such as Jubilee Hill, Banjara Hills, etc.
Instead of opting for individual houses for sale in Hyderabad, buying a bungalow or apartment here makes more sense, as most of the construction is new.
4. Narsingi
If you wish to look for an individual house for sale in Hyderabad’s outskirts, check out Narsingi. While it also has an abundance of gated villas and apartments, you’ll likely find bungalows for sale here.
This area is on the western outskirts of Hyderabad and boasts greenery, sports facilities and other utility-driven infrastructure. Just because it’s relatively away from Hyderabad’s downtown doesn’t mean the residents don’t have access to malls, schools and hospitals. This neighbourhood is equipped with a robust social infrastructure.
Pros of investing in Narsingi
- Narsingi boasts some of the largest residential real estate schemes in Hyderabad. Add to it, a deluge of newer projects is being sanctioned with each passing day. As a buyer, you will be spoilt for choice, as you’ll have many options in your budget.
- This neighbourhood is also close to Outer Ring Road or ORR, which connects this area with Kokapet, Gandipet, Shaikpet and Manikonda. It is also close to Gachibowli, Hi-tech City, Wipro Circle, and the Financial District IT Park.
- Whether you’re looking for an individual house for sale in Hyderabad, or a villa or apartment inside a gated society, Narsingi is a great locality to consider. It is not too far from the important suburbs of the city and is well-connected through public transportation.
5. Hyderabad Airport Corridor
If you frequently travel for work to other cities, you need to buy a house in Hyderabad, which is not too far from the airport. In such a case, the Hyderabad Airport Corridor is an excellent place to invest in real estate.
You’ll find that the Hyderabad Airport Corridor, or the National Highway 44, stretches from the airport all the way to Jadcherla. This area encompasses localities like Kothur, Shadnagar and Shamshabad. All of which have new residential construction. Thanks to this, you can buy a house in Hyderabad without burning a hole in your pocket.
Pros of investing in the Hyderabad Airport Corridor
- Excellent connectivity to the airport.
- Shamshabad has a great social infrastructure and medical facilities.
- You’ll also find the zoo, entertainment venues and several great schools in the area.
- There are plans to connect this area with the inner ring road, which brings it close to major IT hubs of the city.
Conclusion
Want to buy a house in Hyderabad but not sure how to finance it? Turn to Tata Capital – one of India’s leading lending institutions. We extend housing finance at competitive home loan interest rates, negotiable tenures and reasonable eligibility criteria. With our help, investing in Hyderabad will become hassle-free.
So, in case of a shortage of funds, check out Tata Capital Home Loan page to know more.
23 July 2024
6 mins read
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