Hyderabad real estate is one of the preferable markets in India. With prices reasonable and the market booming, big-name developers are heading straight for the city. Many new residential and commercial projects are coming here to meet the requirements of the end users.

Hyderabad has become the hub for IT/ITES and BPO. All the major companies are setting up their branches inside and outside the city, which has further increased the residential demand. Luxury apartments and villas are springing up in large numbers in the suburbs of Hyderabad. The most favored places for bungalows are Nizampet, Bachupalli, Kompally, Shamshabad, Medchal, Uppal, Nagole, Maheshwaram, Shameerpet, Srisailam Highway, Gachibowli, Banjara Hills and Jubilli Hills. There is also a high demand for apartments and villas, which are being built close to major IT hubs, Shamshabad airport and the outer ring road.

With the rise of many multinational companies and high scale wages the lifestyle has changed, this has also increased the need for good shopping malls and markets. Numerous shopping malls and retail complexes are coming here in and around the city. The DLF commercial project is under construction in Hitech City and the Maheshwaram commercial project in Shamshabad is also under construction. The rates of shops in the mall are around Rs 5,000 per square foot to Rs 12,000 per square foot, while the rates of retail shops in local markets are from Rs 4,000 per square foot to Rs 5,000 per square foot. .

The city’s infrastructure is also an important reason for development. The next outer ring road and flyovers have reduced the traffic jam and also connect the city with outlying towns. Hyderabad real estate market expects good deals in the future with one hundred percent results. Real estate agent Mr. Shiv Shankar Naidu Hyderabad says currently property rates have come down which has increased commercial and residential transaction.