Thursday, April 30, 2009

Hyderabad Properties

   Hyderabad is moving beyond its title of “The City of Pearls” and developing into a major IT Hub or rather India's own Silicon Valley. Founded in 1586, Hyderabad is the capital of Andhra Pradesh and along with the twin city of Secunderabad was home to the Nizams. Today the city of Hyderabad has undergone a paradigm shift from a potpourri of historical monuments, mansions and mosques to an ultra-modern Real Estate Market housing some of the biggest Software Giants in the country. 

Hyderabad property market is on an upswing with the influx of large corporate houses and the consequential working class migrating to the city. There is a huge demand for all residential, commercial retail and office properties in Hyderabad that is far exceeding the supply side. The Hyderabad property values have almost doubled in the past few years luring developers and property investors to follow suit. 

Hyderabad real estate market is concentrating on extensive development of office spaces primarily in the peripheral locations where there is plenty and comparatively low cost availability of plots in Hyderabad . Property sale has picked up at an astonishing pace even for the uncompleted projects in areas like Shamshabad. With the International Airport, Outer Ring Road and Fab City projects nearing completion, demand for residential and commercial projects and Plots in Shamshabad is dominating the sales of Hyderabad properties. 

The commercial properties in Hydearbad account to maximum property prices in areas like Banjara Hills and Jubilee Hills in the Central Business District (CBD) and Begumpet and Raj Bhavan Road in the off-CBD areas. The IT, ITES properties demand is being met by the real estate projects coming up in Madhapur, Gachibowli, Nanakramguda, Manikonda, Raidurga and Shamshabad. 

To buy, sell, or rent any property in Hyderabad, contact the local Hyderabad property dealers . We at have picked top real estate agents in Hyderabad and also some property consultants who would help you in finding the right property as well as getting all the legal formalities completed regarding any property deal in Hyderabad. Browse through our Hyderabad section to get answers to any queries related to real estate or housing in Hyderabad.

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