Lucrative areas to invest in realty in 2014

Q: Hyderabad has gained the status of being one of the most affordable cities in India for investing in real estate. Which are lucrative options in Hyderabad ?

Sharan Basappa, Hyderabad

5th February 2014

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Replies (2)

Can buyers negotiate with developers ? Is there any negotiations happening ?

Vivek Kulkarni,

5th February 2014

Comment

@Vivek: The average prices for residential apartments in Hitech city ranges between Rs.4,600-5,200 per sq.ft, while those in Gachibowli ranges between Rs.3,500-4,500 per sq.ft. Yes I heard many developers in these areas are willing to negotiate regarding the prices to a certain extend.

Supratim,

5th February 2014

These areas also provide easy accessibility to the IT hubs like Hitech city and Gachibowli. It is considered that areas like Tellapur, Narsingi and Appa Junction would appear more appealing. Prices in these areas range between Rs.3,000-4,700 per sq.ft,

Himani,

5th February 2014

Hey guys I think it is right time to do investment in Hyderabad, before prices start to shoot up. You can get good returns in future.

Pranab Malakar,

5th February 2014

Hey Sharan, the area in which to invest which depends primarily on the budget one is looking to invest. Hitech city and Gachibowli are two neighbouring areas on the west of the city that presents immense prospects.

Pranab Malakar,

5th February 2014

Comment

There are many projects coming up in these areas in different price ranges due to the wide-spread development in terms of social and physical infrastructure as well as connectivity.

Supratim,

5th February 2014