Tuesday, September 2, 2008

Hyderabad: property interest ever high

Real estate in Hyderabad is never seems to be subjected to the lull in the general property scenario of the country. A major factor that contributes toward continued bright prospects of Hyderabad properties is not just the state capital status but clearly the tag of cyber-city. Being the biggest IT-hub in India, Hyderabad is already known as the Cyber-City. All government authorities and private developers are ready to launch real estate projects for further development in the city. Plan is to give new looks to Hyderabad as world class facility metro city to the historical, cultural and architecture beautiful city.
One of the major development areas is due to new Hyderabad International Airport, also known as Rajiv Gandhi International Airport at Shamshabad, Started operating on 23rd march 2008. This Airport is about 30 km from the main city. There is lot of new development potential in this area of approximately 20 km. Hyderabad Urban Development Authority (HUDA) spent 36 crore to development of the airport road for better connectivity from the city.
Real estate in Hyderabad is growing rapidly in residential, commercial and retail market. Investment in Hyderabad properties has become the most preferred investment instrument in the city and areas which are witness of growth areas in western part of Hyderabad. New residential projects are launched frequently for those end users who are ready to buy apartments in Hyderabad. New township development is in and around the actual growth driver SEZs and outskirts of the Hyderabad. Also with the development of outer ring road, along with the express highway from Hitec city to airport and at Shamshabad, property rates are quite high.

Real Estate Agents in Hyderabad

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