Hyderabad is a great alternative to most other cities in South India. It has painstakingly built itself into an international city that provides the best housing and work options.
Those who have been to Hyderabad in the recent past will attest to the fact that the city is not just beautiful, but it has a distinct personality. If it was a movie character, it would be the suave best friend or the well-traveled suitor. As cities go, it attaches a high aspirational value to everything it touches.
The city bears the hallmarks of its rich and varied history even today. Known for its revered Charminar and historical edifices, Hyderabad was shackled for decades with unplanned development, poor garbage, and sewerage disposal systems and overall poor town planning. It was charming, for sure, but its living conditions left a lot to be desired.
Cut to 2017. Today, Hyderabad is one of the most developed cities in the country, with a growing population and a high quality of life index. Life in the city is fast-paced and exciting. There’s always something to do, and the people are warm and inviting. Not to mention its excellent food and overall safety factor for women and children.
The Hyderabad story
Over a decade ago, Hyderabad quietly began the transformation from a beautiful city to a world-class hub for IT, software and pharma. Its keen thrust on the development of infrastructure for IT earned it the nickname ‘Cyberabad’. Today, the most reputed companies in hardware, computer software, and engineering are present in Hyderabad. It was one of the first cities in India to lay down networks for high-speed Internet, and the Hitech city was the first fully Wi-Fi-enabled commercial area in the country.
Since international companies have set up offices here, the city has a huge expat population, as well as large migration from other Indian cities. This ‘floating’ population needs a good place to stay in, so there is high demand for rental housing. At the same time, there are many who are making the city their permanent home. They seek premium flats for sale in Hyderabad and prefer spacious luxury apartments with every amenity that money can buy.
Buying property in Hyderabad
Buying your dream house in Hyderabad is simple enough – just look up housing portals advertising flats for sale in Hyderabad, or contact prominent real estate developers who have ongoing/completed residential projects here. The process for paying stamp duty and registration is quite simple, or you can enlist the help of a local broker to help you with the formalities. The best flats for sale in Hyderabad also have tie-ups with housing finance companies, so you can get a loan for the house that you wish to buy.
Some of the recommended areas for housing include Kukatpally, which is well connected to the highways, public and private amenities, and is adjacent to large open spaces both inside and outside the project.