[vc_row][vc_column width=”2/3″][vc_column_text]Covid-19 has brought many changes in people’s life. Don’t you agree? From lifestyle to relationships, the pandemic has impacted every aspect of one’s life. It took a pandemic for people to understand the value of money and life. The whole world was forced to sit or work from home.
Pandemic has impacted almost all the industries across the world. India is no different, lockdown has impacted many businesses, and be it small or large. The Real Estate sector is no different from the rest. Pandemic has put brakes to the progress. However, it is also to be noted that this is one of the few industries that has recovered faster. The sales are slowly getting back to the sales pre-lockdown. The only thing that has changed post lockdown is the interest of NRI investors post lockdown. Yes, you heard it right.
NRI’s are taking a keen interest in Real Estate, especially in Hyderabad. They are investing across different segments such as Commercial, Residential and Warehousing. Even in the past, NRI’s have understood the potential of the Real Estate market in India. Most of them used to invest in residential properties or commercial property. Many have thought that post lockdown the Real Estate will suffer the most. As people have postponed their plans to purchase properties during the pandemic.[/vc_column_text][vc_column_text]However once lockdown is lifted, people have started to take an interest in purchasing a home, especially NRI’s. It is currently looking to be a lucrative option for many. The reason behind this is believed to be lower interest rates. The rate of NRI’s actually taking interest in investing in Hyderabad Real Estate has increased post-lockdown. NRI’s have always been keen on Real Estate in India. It is one of the best investment options out there.
Even before pandemic and lockdown NRI’s are quite keen on purchasing a property in India. Why do you think NRI’s are purchasing a property in India? It can be because they plan to return to their homeland someday. So, at least they have to own a property here. Also, the pandemic has made people realize how important it is to stay with family. Apart from that, India, especially Hyderabad is an excellent city to reside in. It is not at all a surprise that NRI’s are taking an interest in purchasing a property in Hyderabad.
Most people thought that post lockdown Real Estate in Hyderabad would see a downtrend. Fortunately, Hyderabad Real Estate was not as affected as expected. It has bounced back quite quickly. One of the reasons for this is, the city has lots of potential to grow.[/vc_column_text][vc_column_text]
[/vc_column_text][vc_column_text]Wondering what are the other reasons why NRI’s are taking interest in Hyderabad. Read till the end to find out.
Infrastructural Developments
This is one of the prominent reasons why the future for Real Estate in Hyderabad is looking bright. Hyderabad is home to many infrastructural developments such as arterial roads construction (these roads connect with ORR has provided a multi-dimensional stretch to other places), ORR (outer ring road) construction, construction of strategic flyovers, etc. As you see all these infrastructural developments have reduced traffic issues to a certain extent.
Not only that, Metro has contributed its share to make travelling within the city more convenient. Hyderabad has handled the travelling and traffic issues better. Although there will be traffic jams but compared to metropolitan cities the traffic issues are managed better. Also, infrastructural developments stand as testaments to the growth potential of the city. When the city grows the prices will also increase in the future. It is not a surprise that NRI’s have taken an interest in Hyderabad realty.
IT-Hub
As you already know, Hyderabad is home to many major IT-companies such as Wipro, TCS, Amazon, etc. Not only these, many other major corporations are also planning to open their offices in Hyderabad. The Hi-tech city, Gachibowli and Financial district have become attractive spots in Hyderabad as all the major IT companies are situated in these areas.
These areas have emerged as hot spots for commercial spaces. Along with the IT companies, the retail stores have also contributed their bit in making this area a hot spot. Most people are planning to purchase a property in these areas so that they can stay closer to nature but still stay within city limits.[/vc_column_text][vc_column_text]
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Prominent Real Estate Companies
Another important reason why NRI’s are taking a keen interest in Hyderabad is because of the Real Estate companies in the city. Yes, you heard it right. This city has some of the prominent Real Estate companies that deliver quality homes at affordable prices in serene localities. From Apartments to Luxury Villas, you will find everything you’re looking for. And the best part is that they comply with all the regulations of RERA.
One such Real Estate company that has been delivering excellent projects is Muppa. Affordable Luxury Flats to Luxury Apartments & Villas they have done it all. NRI’s can purchase plots or villas with excellent amenities at the best market price. Don’t you think this reason in itself will attract the attention of NRI’s?
Wrapping Up
Hope you have found all the information you’re looking for through this article. Even before the pandemic, the sales of residential and commercial Real Estate were excellent in Hyderabad. It is not an exaggeration to say that the residential segment of Real Estate in Hyderabad is growing faster than the rest of the cities in India.
Be it Infrastructure, IT-companies or other development factors, Hyderabad is truly an excellent place to reside with your family. Most importantly for all those NRI’s planning to come back to their motherland or just interested in investing, Hyderabad is an excellent location. The rate at which this city is growing, the boom for Real Estate will only rise. So, purchasing the property in Hyderabad today will be a wise decision as the property values will increase tremendously in the coming years.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text el_class=”post-contact-form”][fc id=’2′ align=’center’][/fc][/vc_column_text][/vc_column][/vc_row]