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Home > Forum > Real estate News > The saturated market has been a boom to investors

The saturated market has been a boom to investors

Q: Begumpet is one of the well-known localities of Hyderabad. Heard that it post posts 10% yoy returns. Kindly discuss on this news and let me know.

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Replies (2)
1
How is the rental market here ? How is this locality impact post Telangana issue ?
Pranab Malakar


@Pranab: The rental market in the area is booming because of IT and corporate commercial establishments in the area. The area has access to all facilities nearby. The rentals will be like for 2BHK can cost between Rs 15000-20,000 per month and a 3BHK for Rs 25,000-40,000 per month.

The area is facing a saturation point and so the formation of Telangana may not have major impact on the real estate values here
Himani,  
20th March 2014


2
Hey when compared to the other localities in Hyderabad, the growth here seems a little slow but steady. Begumpet has almost saturated. There is no new construction coming up in the locality.
Himani


Pranab Malakar
Hey Himani, thanks for the information. How is the social infrastructure here ?
Pranab Malakar,  
20th March 2014


@Pranab: Begumpet has well-equipped social infrastructure and such as schools, hospitals, malls, banks etc and also offers commendable connectivity to other parts of Hyderabad because it was located centrally. Working professionals from IT hubs, such as HITEC and Gachibowli also prefer to stay here as they get good social infrastructure here
Himani,  
20th March 2014


3

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