2,3 BHK Flats and apartments Apartment in Gachibowli - An Alternative for the Residents of Hyderabad - 0 views
started by BRC Infra on 22 Sep 15
started by BRC Infra on 22 Sep 15
/ Real Estate/ 2,3 BHK Flats and apartments Apartment in Gachibowli - An Alternative for the Residents of Hyderabad
started by BRC Infra on 22 Sep 15
Hyderabad is considered to be one of the most economical real estate markets in the country. Due
to the political unrest experienced by the city, the real estate market has not
really had a chance to flourish. It was expected that the bifurcation of the
state would stabilize the real estate scene here.
The price increase which was expected post bifurcation never came. There is
some hope that in the new year the real estate market in the city will pick up.
The market here is not attracting big players who want to set up shop there.
Recent reports suggest that Hyderabad has become one of the most economical places
in the country where one can easily buy or rent a property. Since the prices
for properties are quite low currently, this might just be the right time to
pick properties there.
Here is a look at the buyer preference a Gated Community flats
and 3
Bedroom Apartments near Gachibowli patterns for Hyderabad in 2014.
According to data from IndiaProperty.com those who are looking for 2&3 BHK Flats in Manikonda Hyderabad
prefer to purchase 2 BHKs. 3 BHKs come in second while 4 BHKs ranks third among
buyers at manikonda , Gachibowli
.The budget range which came in on top in the year 2014 fell between INR 20 to
30 lakhs. Buyers also looked for properties which were priced between INR 50 to
70 lakhs and between INR 70 to 80 lakhs. Flats which were sized between 1250
and 1500 square feet were very popular among property seekers in Hyderabad.
They were also interested in flats which were sized between 1251 and 1500
square feet and 751 and 1000 square feet on average. Per square feet buyers for
this micro market preferred to spend an amount which is greater than or equal
to INR 2000.
In this category the INR 2001 to 2500 per square range came in second while the
INR 2501 to 3000 per square feet range came in third.
Buy flats in manikonda , Apartments
in Gachibowli this areas which
are most in demand are located in the western part of the city. The major
reason for this demand is the fact that there is a strong job market present
here along with great infrastructure. This is where the major players from the
Information Technology sector have set up shop. Areas like Hi Tech City,
Gachibowli and Madhapur are some of the top choices for property seekers here.
In 2014 some of the more expensive areas here were located in the central
part of the city. These areas are Banjara Hills, Jubilee Hills, and Nandagiri
Hills. Demand for flats here was seen in the western and north western micro
markets such as Manikonda , Gachibowli, Hi Tech City, Miyapur, Chanda Nagar,
and Kukatpally. Supply wise Gachibowli and Manikonda the pack in this city.