Q: I was thinking about investing in property in Hyderabad but I am very confused as to where. I recently read somewhere that South Hyd may be a better option to invest because it is cheaper. But what will the appreciation rates be like? Will I get good returns?
I also agree that South Hyderabad has immense potential because it has lot of affordable housing options and office spaces. But still, to actually get any good returns from investment it is going to take another 5 years. Or more. Because firstly the upcoming projects like metro rail have to be completed.
I feel Shamshabad is best place to invest in South Hyderabad. It is upcoming locality and many projects are taking place there. Also it is recorded that this place has 54% properties priced under 20 lakh.
Same like that even LB Nagar is another place that lot of demand is there because it is close to the upcoming metro project. Both Bandlaguda and LB nagar have 15% each of affordable properties in South Hyderabad.
Hey Bandlaguda Jagir is a place in south hyderabad that has gained demand because it is located very close to the Outer Ring Road and has great connectivity.
Hey there :) Those localities in Hyderabad that have had this price of 20 lakh include Shamshabad, Hayath Nagar and Shankarapalli. Think about investing here because I'm sure a few years from now, property prices are going to appreciate by a large margin.
Hey there. If you're thinking about investing in South Hyderabad, it is a good option because 41% of the properties were valued at 20 lakh while 26% were valued between price range 20 to 40 lakh.
South Hyderabad had 67% affordable properties as per the last quarter of 2013. Even now it is pretty much the same situation. West, Central, East and North recorded 31, 32, 55 and 59% affordable property availability respectively.