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Property in Hyderabad


  Hyderabad real estate was riding at a galloping speed piggy back on the huge success of IT industry until the specter of worldwide economic recession started to slacken the pace of growth. Though the real estate development is not on a standstill altogether, the quantum of speed suffers significantly. The present picture does not pose a rosy picture for a seasoned real estate investor as there is much speculation about the future course of property market in Hyderabad. All the same, the situation can be made to work for the benefit of a foresighted investor if the investment is pursued for a much longer time. Moreover, it is the most appropriate time to realize your dream of owning a home in the city, as there is a great decline in the prices of most prime properties in Hyderabad. There is a state of uncertainty in the market, which is likely go on for quite a few months more, thus providing an unprecedented opportunity for those buyers of properties who have no no motive of making profit through any such deal. Also, there is no homogeneity in the quantum of change in property prices across every part of the city. A close observation on the capital and rental values of properties lying at different parts of the city will reveal this peculiar nature of Hyderabad property.

Property Prices in Hyderabad

Location Independent Houses (Rs per sq. yd.) Apartments (Rs per sq. ft.) Rentals for 2 BHK (Rs per month)
Central   3000-7000  
North   2000-5000  
South   3000-6000  
East   3000-5000  
Suburb   1800-4500  

(Source: India Housing Surveyor Team)
 
 
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