Friday, October 16, 2009

Hyderabad is the place!

Hyderabad's real estate segment has been in limelight ever since the launch of new state of the art airport at Shamshabad in 2008. The city's real estate vistas have multiplied and property developers and real estate gaints and home seekers are making the most of this boom.

Hyderabad is still working its infrastructure profile to attract more and more MNCs and corporate biggies to the city. Many national players and real estate developers have lined up investments for Hyderabad. In the last couple of months, in spite of the rough weather, at least 20 new infrastructure and property projects have been launched in and around the city.

Infrastructure firms have announced big investments for their realty business. The HUDA is developing eight-lane access-controlled expressway in the city. This proposed expressway is a part if the Outer Ring Road (ORR) project and would be taken up in three phases.

Aliens Group, Lanco, Lodha etc are coming up with BIG projects. Also, recently heard Philippines-based real estate firm Ayala Corporation is foraying into Hyderabad's real estate.

High profile firms are venturing again to buy stakes in a real estate projects at Hyderabad. Projects in Hyderabad involve development of office, residential, retail and hospitality space.

Investors and real estate companies are making the most of the development activities happening in Hyderabad. However, the winner in this situation will be the property seeker since he will have a plethora of options, in varied budgets, to choose from!