Dear Readers,
We are pleased to share our first Guest Post by Mr. Kunal Chhibber. Our guest has shared his views about the esteemed rental-investment options in Hyderabad. Please note that we did share our views on Hyderabad Real Estate some time back which was also featured on Mission Telangana. We thank our guest writer for his article.
Rental Property Scenario in Hyderabad
Hyderabad
has attracted various research, manufacturing and financial companies. This
city has become the fifth largest contributor to the country’s overall gross
domestic product. Large numbers of people are planning to get settled in this
city and if you are also one of those working professionals or students who are
looking forward to know more about the houses for rent or for sale in this
city, then this article will guide you the best way.
As
we all know the cost of living in Hyderabad is quite economical than other
metro cities in India. People coming from different cities to work for big
giants prefer rentals in Hyderabad property, more than purchasing it. Huge
numbers of people are job seekers who come and search for temporary
accommodation in Hyderabad to start or make their career.
Property Market In Hyderabad
Real
Estate market is a good investing option in today's time where you can invest
your money. Be it the residential or the commercial property, the prices are
always increasing in cities like Hyderabad, Delhi, Mumbai, Pune, etc. There are
plenteous residential or commercial properties which are ready to move. In case
you looking to invest in a commercial or residential land then it will definitely
fetch you a lot of money. Also, making investment in such properties, which are
rented easily, is always a good deal.
2-3 BHK houses for rent in Hyderabad
ranges from 10 to 25 thousand
per month whereas the penthouses or villas may cost you in lakhs per month. If
you are an investor then buying a property is a good idea as this way that you
can lease it out for some good source of monthly income.
Apart
from this, there are end numbers of upcoming residential and commercial
projects which seems to be quite profitable investment. Many investors are
buying these properties for the purpose of rent whereas few of them purchase to
sell after earning a good amount of growth or appreciation. The booming real
estate industry assures lucrative returns.
With
the onset of a developing realty industry, the property developers are
enhancing their outreach in Hyderabad. You will find a good range of options
for accommodation in the city. Starting from 1 BHK to large independent
bungalows, all are available on rent. Some of the most popular locations in the
city include Banjara Hills, S.R. Nagar, Kondapur and Hi-Tech City. These areas
have a range of property offerings suiting your requirements. You can also get furnished, semi-furnished
or unfurnished houses, suiting your necessity. It will be extremely helpful if
you do a thorough research on all the possible resources to find a good
accommodation. In case you are very new in Hyderabad, there could be numerous
details to guide you on the web. Also, contacting real estate agent and brokers
can get you the best deal.
Therefore,
if your an immigrant and are not sure of how long you will be living in this
city, going for a rental accommodation is the best choice. With property
developers rapidly constructing residential complexes in the city of Hyderabad,
you will always have a varied range of options suiting your requirements and
budget.
