If there is one reason why Hyderabad shot into the limelight in the country and became the most preferred destination, it was due to the booming real estate market. Anyhow, the slump came in and after that, the Telangana chaos did the maximum damage. But now, things seem to be reviving and the real estate pundits are back into business.
They are now saying that this is the right time to invest in Hyderabad properties and within the next two to three years, this is bound to fetch multiple times. Apparently, folks are quoting Rs 5500/- per sft in the busy Somajguda area. As for Manikonda area, the prices are being quoted around Rs 3000/- per sft.
Going a little further into the new city, villas are being offered at Gachibowli for Rs 40 lakhs. The market analysts say that this is the right time for investing in new constructions or going for new properties. The chances of the lands and flat prices becoming expensive in the coming days look very high, as per their calculations. So folks, if you have the money you know what to do..
