Thursday 6 November 2014

Bangalore, Chennai investors shows interest in Hyderabad

Hyderabad seems to be the new destination of the real estate investors of late. What seems to be the reason? Does it have anything to do with Bangalore and Chennai market’s recovery? Well it has. Read on to find out.

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The market watchers opine that lot of second or even third sales are happening in areas like Sarjapur Road, Marathahalli, parts of Hosur Road and even Thanisandra and Whitefield. These sellers are targeting homes and property in Hyderabad. The market observers have noticed that people having multiple properties in Bangalore and Chennai are selling properties to invest in Hyderabad. They also state that this is also probably for the taste of success in real estate investment in Bangalore that they are trying to invest in other cities and markets. But the question is why Hyderabad.

What is special about Hyderabad?
This strategic move can be attributed if we look at the comparative prices of the property in these cities. A 2BHK apartment in Bangalore is priced in the range of Rs. 60 to 70 lakhs for a built-up area of about 1100 to 1300 sq. ft. In other places where the market is a bit more favourable like Kochi, it is Rs. 60 to 70 lakhs for a similar property and in Chennai it may range from Rs. 50 to Rs. 60 lakhs. In contrast to these cities a 2 BHK in Hyderabad can range about Rs. 45 to 50 lakhs in satellite areas and Rs. 50 to Rs. 60 lakhs in recently up-coming IT localities with a built up area of about the same.
The experts opine that this price and built-up area profitability is attracting the customers from other cities.

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Where in Hyderabad are the investors mostly targeting?
The market watchers and brokers state that the small investors are mostly targeting areas like Miyapur, Nallagandla, or even the Madhapur-Gachibowli stretch. The newly built or the up-coming projects are priced at a range of Rs. 2,500 to Rs. 3, 100 per sq. ft. in few of these locations. They also opine that the price increase has been of 2 to 5 per cent in the last year owing to the increased demand from the mid income group. The Hyderabad market watchers opine that the small investors of other cities have targeted Madhapur- Gachibowli stretch which has also witnessed a price rise within 10 per cent in the last year. The current price per sq. ft. in this region is Rs. 3,000 to Rs. 5,000.

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21 comments:

  1. People are trying to invest in Hyderabad builders because in Hyd the climate of living style is good, in that city everything will get in cheap compare to other cities. So that people are coming from different cities to settle down in Hyderabad.

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    1. In hyderabad also software is entering into the city, Before this Only software was located at outskirts of hyderabad like gachibowli, Madhapur. Now like Bangalore companies are launching in hyderabad also, in Kukatpalli, miyapur area and Dilsukhnagar.

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  2. Now a day’s Chennai people are more investing into the Hyderabad city. Because they are business experts they know the hyd is one of the top most cities in India. We can get more Chennai investors in hyd, they are investing and making double of that invested amount in Hyderabad city.

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  3. Hyderabad has established itself as the leading destination fro IT and IT-enabled services, BPO and entertainment industries. Many computer software companies, software consulting firms, business process outsourcing(BPO) firms, dealing with IT and other technologies services firms have established their offices and facilities in the city.

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  4. Hyderabad is in growing stage and it will show its extreme growth in the coming years so if someone is investing this year that means a sure short of 10-15% margin in the next year. Now a days investment in real estate is more as everyone knows that there is no future bad debt in real estate. If you have hand full of money than it is time to make it double by making some smart investments.

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  5. Chennai people are planning to make their destination in Hyderabad. As they may know hyd is good place in India and also everything will get at very low prices called as cheapest city, Chennai people want to grow their business in this city so that they are investing money to Hyderabad city builders.

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  6. Thank you Guys for liking and sharing your thoughts on our post. Please follow our blog regularly for more updates...

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  7. Hyderabad is one best metro city and cost of living is very less compare to the any metro city in India. But opportunities wise Bangalore having more than Hyderabad. But I appreciate the people who investing in Hyderabad now, because in future you will get more ROI. But when you are buying lands in Hyderabad careful about lands documents.

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  8. In Bangalore we can find more Andhra people, they are staying since from last 10 years. They are planning to invest their native place Hyderabad to settle down in their own town.. most of them started investing to the Hyderabad builders to get their dream homes in their own town..

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  9. In Hyderabad, the small investors are investing at the place Gachibowli properties because they know this place is already so much popular and even it will become most expensive by next coming year and some of the bangaloreans are already invested in Hyderabad.

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  10. If you compare the land prices in Hyderabad with Chennai or Bangalore, you will get top know why investors are showing their interest in Hyderabad. Slowly the IT industry in Hyderabad also booming like anything. In the people's point of view also as the cost of living in Hyderabad is cheaper then Bangalore and Chennai, which is making them to shift to Hyderabad. One more reason is the new launch of Metro in hyd also.

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  11. After Bangalore, Hyderabad and Chennai are the preferred locations for IT companies. Thus many of the Bangalore realtors are planning to invest on Hyderabad Lands. Most of the north Indians will prefer work location is Hyderabad after Bangalore. The reason is, In Hyderabad most of the people will do conversation in Hindi, so north Indians will get some comfort zone. In future Hyderabad will also huge opportunities like Bangalore.

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  12. when I was visited to Hyderabad to invest at Gachibowli place to get my dream flat, I have seen the customers registered name list from their sales team in that I found so many Bangaloreans are invested in their projects I was happy lets our people are also with me which I invested. Hyd is beautiful city which made by Nizam..

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  13. The statehood of Telangana has changed the way the real estate market looks up to the abode of Nawabs and city of Pearls, Hyderabad. This city is the hot point for property analysts as they believe that it would enjoy the same status between Andhra Pradesh and Telangana as Chandigarh enjoy at present, sandwiched between Punjab and Haryana. Talks of special economic package for the city have also made Hyderabad the toast of the interested people checking out property in Hyderabad city. As the capital of the state of Andhra Pradesh, the city has enjoyed lots of infrastructural development and is also called Cyberabad for its kingmarker status in the IT world. The city also boasts of the highest number of Special Economic Zone (SEZs) in India and it has a robust job and mining industry that is aiding the real estate market as well. In short, Hyderabad has the right grooming to become the next big metropolis soon.

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  14. So many North Indians are living in Bangalore due to IT companies. Now in Hyderabad and Chennai IT sectors are grown up hugely, because of that some of northies planning to invest in the both of these cities lands so that people may want to live comfort and happily with their mother tongue people…

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  15. Most of the people feel to make their dream homes all over the world, so that many of the people are investing in Hyderabad lands to become safe from the huge amount of taxes. . in Andhra the Tax’s and Vat’s are not much have to pay compare to Karnataka and most of the Bangaloreans are also investing into the Hyderabad lands..

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  16. At these locations I saw so many investors are from kannadiga’s and Tamilian’s .when the place is good and beautiful everyone wants to feel to live at those places, by this way bangaloreans and Chennai people are buying the properties in Hyderabad.

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  17. In Hyderabad there are having some old places which is constructed in the period of Nizam’s king. Some of the People may expect to live at this location so that’s the reason from the Chennai and Bangalore so many people are investing their hard earn money to the builders of Hyderabad location.

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  18. Hyderabad has a great potential market for real estate business, the big real estate investors are targeting this city as because of the future opportunity of this city. Since IT industries and logistics companies are attracted to this city and making their corporate offices here so there is a lot of scope for residential developers as well as commercial developers here.

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  19. The political and economic scenario of Hyderabad is much more favorable for real estate so far to compete against Bangalore. There is no doubt that the nawabi classiness has always mesmerize the film makers around the country, the emerging corporate market worked as a catalyst for the raise of residential demand in the city. In south, place like Vijaywada has proven its potential by a rise of around 300% of market price during the speculation time and it is predicted that during next 18 to 24 months the price of this area will rise again after the movements of corporate offices here.

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    1. From the last two years Bangalore market showing a steady graph in real estate business in comparison to other state of south India. However Hyderbad and vijaywada has shown their peek during these year, where in Bangalore the demand for residential area are felt like constant and seems to be in a saturated point so most of the investors are showing their interest in Hyderbad.

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