Apart from the diverse culture and living conditions, Hyderabad is famous for its real estate market. It saw a crazy boom which saw poor men becoming millionaires overnight and then a fall which saw the biggest players ending up on roads. Now, the face of real estate is changing in the capital city.
It is being noticed that the city is growing vertically and people are showing interest to live within the city than in the suburbs. Therefore, the vertical rate of growth has been higher than the horizontal one. Of course, the vertical growth has also seen an increase in the pricing.
With high-rise structures in the offing, it is reported that the higher you go, the costlier it gets. The vertical zone of Hyderabad has been going through the slump due to various reasons like distance, traffic, security. However, the population boom in the city is now creating a culture of colonial townships wherein one area people don’t have to come to another area for daily needs.
It is being noticed that the city is growing vertically and people are showing interest to live within the city than in the suburbs. Therefore, the vertical rate of growth has been higher than the horizontal one. Of course, the vertical growth has also seen an increase in the pricing.
With high-rise structures in the offing, it is reported that the higher you go, the costlier it gets. The vertical zone of Hyderabad has been going through the slump due to various reasons like distance, traffic, security. However, the population boom in the city is now creating a culture of colonial townships wherein one area people don’t have to come to another area for daily needs.
