Hyderabad is one of the favorite destinations for people who work in the IT industry in India. With all the facilities such as public transportation facility, metro connectivity, international schools and airport, Hyderabad is definitely one of the best options to invest in. This city is also known for its development and improvement in the field of technology and this is why Hyderabad is also called as “Cyberabad”. This place has emerged as the ‘numero uno’ city in India as it offers the best quality of living standards. There are ample options of standard lifestyles and new properties that attract buyers to this city.
Current Price Trends
Hyderabad has gained a fast momentum as a profitable residential option for many individuals given its high quality of living. Hyderabad has also progressed in other sectors like the biotech and pharmaceutical industries in addition to the IT industry. Current price trends of Hyderabad shows the overall direction of the real estate market. These price trends help investors to know if it is the right time to buy or sell a property in Hyderabad.
- The property prices in Hyderabad start from around Rs. 1.23 lacs while the average price of the properties stands at Rs. 62.83 lacs.
- A total of 140 localities in Hyderabad show an upward price trend whereas 75 localities witness a downward trend. In short, Hyderabad has faced an upward price trend since the last six months.
- There are several websites which provides detailed information on the price trends available for properties that are up for sale in Hyderabad. It is quite difficult to predict when a locality in Hyderabad will hit the lowest price point.
Property Rates of Various Cities in Hyderabad
Locations such as Hitech City, Gachibowli and Kukatpally are the main spots of investment for retail …
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