The city of Hyderabad is the capital city of the state of Andhra Pradesh. Hyderabad along with Bangalore, Chennai witnessed the tech boom that hit the country in the Nineties. In fact, these three cities down south are known as the Silicon Valley of India. Hyderabad along with its twin city of Secunderabad is the home to the Nizam of Hyderabad. However, this is a city, which has undergone a sea change. Gone is its medieval outlook. Other than few areas such as the Charminar, this is a city where the skyline has changed drastically.
This city is the home of some of the major software companies. The erstwhile Satyam Computers or the present day Mahindra Satyam is based in this city. Other than the I.T giants, many other corporate houses have set up offices here in this city. Thus, people from all over the country are moving in here for job related matters. This has led to an increase in real estate prices in and around the city of Hyderabad.
In fact, the real estate market in the city of Hyderabad is on an upswing. Property values in and around the city of Hyderabad have doubled in the past few years. The potential of real estate in Hyderabad is such that it has even attracted national players such as DLF, Unitech to invest in the real estate market here. The demand is such that people are ready to shell out money even for incomplete projects. Since large housing companies are involved here, people are sure that they will get flats in due course. That is the reason why they do not hesitate to pay in advance and book properties.
| 
