With a booming economy Hyderabad has grown to be a favored
residential and commercial real estate investment hub. The government of Andhra
Pradesh is introduced the metro rail system in Hyderabad at the cost of Rs
7,986 crore, the project would help decongesting the traffic along the stretch
of 60 kms.
In phase-I, the metro will cover places such as Kukatpally,
Erragadda, S.R.Nagar, Ameerpet, Punjagutta, Erramanzil, Khairatabad,
Secretariat and Malakpet. According to the experts, real estate prices are likely
to increase by 10-50 per cent in these places, in the next eight months.
Similarly, the project catchment places of Miyapur and
Habsiguda are also likely to gain drive in transactions and price increases
thereof. Apparently, these places have become favorite residential spot for
Hyderabad real estate developers and a host of new property projects are coming
up in these areas fast. As a result, Hyderabad real estate market is witnessing
an appreciation in capital and rental values. Real estate prices are likely to
pick up due to enhanced investor sentiment in the immediate term.
Property prices move because of the basic principle of
demand and supply.
- o When demand is low and supply high prices will go down.
- o When demand is high and supply low prices will go up.
