Positive factors for the development of the Real estate in Hyderabad

Q: Hai. The development in Hyderabad is about to grow specially in the Real Estate sector, and I would like to know what are the factors that set Hyderabad apart and which will help the real estate market in the city.

Sanjay Naidu, Hyderabad

2nd March 2015

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Replies (10)

Another economic factor is the Solar Rooftop net metering, which helps in saving up on the electricity bill. Such meters cost anything between Rs 50,000 to Rs 1.5 lakh per KWp, after state subsidy

Faizan Khan, Hyderabad

10th March 2015

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I think the rental value in the city is also lesser in Hyderabad by a huge margin than the other cities. Which is why a lot of investments have been pouring in in the city, and many big companies are now setting up their facilities in the city.

Govind Naidu, Hyderabad

9th March 2015

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There are also plans to make Hyderabad a litter free and a slum free city as well, and this will help in the decongestion I think. Recently, GHMC recently declared Road No 1, 2 and 12 in Banjara Hills, Road No 36 and 92 in Jubilee Hills, Khairatabad Main Road, Begumpet Main Road and Secretariat Road as 'litter-free' zones.

Praneeth Kumar, Hyderabad

8th March 2015

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According to the new Master Plan of Hyderabad Municipal Development Authority (HMDA), no new industry will be given permission to set base within the Outer Ring Road (ORR). Expansion of old industries will also not be possible. In addition, the industries causing pollution are being shifted outside the ORR to a previously identified region

Bharath Konda, Hyderabad

7th March 2015

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The Government is also planning to decongest the city, many of the already establihed industries are being moved to the outer parts of the city and the city itself being cleared of any industrial pollution.

Sridhar, Hyderabad

6th March 2015

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The Green channel Scheme played an important role I think. This fast track procedure provides building permissions in 15 working days for non-high rise buildings and group housing and within 30 days for high-rise buildings. Earlier any approval in the city took atleast 3-4 months. So many investors are actually starting ventures in here as getting permission is easy and simple.

Gireesh Hegde, Hyderabad

6th March 2015

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I think many of the schemes that have been started by the Government also play an important role in the development as well. If you look at the Green Channel Scheme that has been started by the Government, it has simplified the procedure for granting building permissions.

Ramakrishna, Hyderabad

5th March 2015

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The ORR connects the outskirt areas, the IRR connects the important localities in the heart of the city. Radial Roads will give access to even the remote places within the two roads. And moreover, the areas along the ORR have seen a lot of development in the real estate market due to its construction.

Ashwin Aysola, Hyderabad

4th March 2015

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Yes Nakul, I agree with the connectivity part. Hyderabad is probably the only city in India with web connectivity and has an extensive transport network. To inter-connect the 158 km long Outer Ring Road (ORR) and the 50 km long Inner Ring Road (IRR), 33 Radial Roads are being constructed which will ensure smooth traffic flow within the city.

Ashwin Aysola, Hyderabad

3rd March 2015

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Hello Sanjay. You see, I think the connectivity is a good factor, Hyderabad has fairly good roads and you can move around easily from place to place. And also, the concentration of the real estate is no only around one part of the city, but it is evenly distributed.

Nakul Rao, Hyderabad

2nd March 2015

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