The Rise of East Hyderabad: A Realty Hotspot!

Rapidly developing infrastructure, prime location potential, and government-backed growth- are the factors that have made Hyderabad a go-to destination for real estate investments.

In the recent past, there has been a substantial rise in the demand for real estate in Hyderabad.

The city and its eastern pockets have become a hotspot for real estate that promises huge profits through asset appreciation and increased RoI to the property holders.

Property prices in east Hyderabad have seen a steady increase in recent years. The infrastructure development projects undertaken by the Telangana Government and other investor-friendly policies have boosted this growth. The swiftly expanding state- infrastructure, advantageous location, and government backing for further growth, have pushed the area to become a sought-after hotspot for investors from all walks of life.

What are the prime reasons that make East Hyderabad the best investment opportunity? Read on to know

Prime Hub

Strategically located near major IT hubs and the upcoming Pharma City, East Hyderabad is the ideal investment for professionals working in the IT and pharma industries. The industries are among the major drivers of Hyderabad’s economy and promise adequate growth over the coming years.

Infrastructural Growth

The development of two big IT parks in East Hyderabad stands as testimony to the growth of this region. The NSL Arena and DSL Abacus, located on Ramanthapur road (NH 202) in the east have paved the way for excellent residential infrastructure development and aided the commercial growth of allied businesses in the region, thus pushing the demand for real estate.

Affordability

East Hyderabad offers more affordable prices when compared to other prime locations in Hyderabad. With a diverse range of real estate offerings, it has something to offer people across all strata. This makes the region an attractive choice for home buyers and investors looking to diversify their portfolios to secure their financial future. 

The Big LEAP

Telangana government’s “Look East Policy” (LEAP), encourages IT industries and other associated businesses to set up offices in the eastern part of Hyderabad. Easy access to the Outer Ring Road (ORR) and proximity to IT hubs like Gachibowli, HITEC City, and others have also promoted East Hyderabad as the go-to destination for those looking to invest.

ITIR Rise

The Information Technology Investment Region (ITIR) development plan focuses on the eastern part of the city. It is predicted to bring about a new era of growth and opportunity for the city. The Telangana Government’s decision to expand the industry to the city’s eastern region has already attracted major players in the corporate world. Additionally, both Indian and global companies and thousands of startups have their presence here. Uppal, Adibatla, Pocharam, Yadagirigutta and Maheshwaram, are regions poised to become major players in the city’s tech scene. 

With excellent connectivity and growing infrastructure. East Hyderabad is emerging as a prime real estate investment destination, offering luxury, convenience, and government-supported development.  It offers easy access to world-class amenities and to other parts of the city and has become a hub for those seeking the best of both worlds.

Come make the most of this boom, with investments of strong potential for growth at this residential and commercial hub. With TMR Kshethram One at Yadagirigutta, and TMR Swiss County at Maheshwaram, own your very own piece of growth and development at the most promising and sought-after locations in Hyderabad.

These residential plots communities, developed by TMR Group are located at destinations strategically chosen for their connectivity and potential for growth.  Here, you lay the foundation for a fulfilling future of prosperity for you and your family. To know more about TMR Group and our projects, visit https://tmrinfra.com/

References:

https://www.ahmedabadmirror.com/the-rising-demand-of-east-hyderabad—a-real-estate-hotspot/81852775.html

https://rera.news/updates/East-Hyderabad-A-Real-Estate-Hotspot-with-a-Surging-Demand

Hyderabad welcomes the New Year on a cheerful note!

2022 has been a phenomenal year for residential real estate. Industry research attests that despite the headwinds of rising property prices, interest rate hikes, and geopolitical tensions, housing sales in the top seven cities of India crossed their previous highs of 2014.

Market research studies state that approximately 3 64,900 residential units were sold in the top seven cities in 2022. This is against the 2, 36,500 units sold in 2021. With these figures, the sector recorded a 54% year-on-year increase. Interestingly, the last time such peak figures were recorded was in 2014, when 3.43 lakh units were sold.

Mumbai Metropolitan Region witnessed the highest sales of about 1, 09,700 units in the seven cities studied in 2022. The financial capital was followed by NCR, with approximately 63,700 units. Hyderabad, on the other hand, saw the sale of 47,487 residential units.

In terms of new launches, the top cities saw a 51% annual rise. The numbers rose from 2, 36,700 units in 2021 to nearly 3, 57,600 new units in 2022. Hyderabad saw the second-highest launch figures, with 68,000 units launched in 2022 compared to 51,500 units in 2021. The city of pearls was only second to Mumbai Metropolitan Region, which recorded 1, 24,650 new launches in 2022. Both the cities together accounted for 54% share of all the residential launches in the year.

Market experts anticipate the current sales momentum in the housing sector to continue in the first quarter of 2023. Experts mention that the appetite for homeownership has remained undeterred, and maximum sales are being driven by the end users. However, a lot of stakes will also depend on how the home loan interest rates pan out over the next year.

Industry experts also believe that ready-to-move-in units will continue to top the buyer demand. The demand for new launches will also gain momentum in the year ahead. The large and listed developers will continue to dominate the market. Buyers have a certain level of faith and confidence when it comes to top builders and developers; hence, they will continue to perform well and see significant sales in 2023.

Despite the affordability level of buying housing properties witnessing a decline last year across seven major cities due to the rise in mortgage and property rates, Hyderabad remains one of the most affordable residential markets. A stable employment market in the city, longer loan tenures, and supportive government policies have been instrumental.

2022 was a phenomenal year for the real estate sector in Hyderabad and other cities of the country, particularly for the residential segment. There was robust housing demand, mainly from end-users, in not just the top cities but also across tier 2 and tier 3 cities.

Affordable housing, ever-growing job opportunities, infrastructural advancement, superior standards of living, and excellent connectivity, make Hyderabad the hub of development. Secure a future here for you and your family with TMR Group. Invest in plots in the hotspots around Hyderabad that allow you to uncap a future full of growth and profitable returns. Visit https://tmrinfra.com/ today to know more!