The Housing Market in Manikonda, Hyderabad
The residential Manikonda real estate market in Hyderabad with over 500 small and medium enterprises and about 40 large companies witnessed value definition consolidation in the market for real estate is coming of age. The industry is expected to grow by 30% in the two years to come.
Supply and demand
Hyderabad has seen demand seem optimal with strong explosion of firms in the high economic zones of the city. Due IT Industry Activity in Manikonda Area, Real estate is in this area getting a lot of attention from First time buyers.
Key growth factors:
Growth in IT and related industries with a job creation estimated at about 6,00,000 jobs
in the Hi-tech City and Gachibowli area and the main SEZ find a plot in the city
the need for residential construction should be on the positive trend for short and medium term.
First House perspectives: The majority of employees professionals still do not have a first home in the city and higher disposable incomes Hyderabad continues to be a destination for residential
investment among local residents. Being as a retirement destination stop in the state of Telangana, Hyderabad continues to attract retirement investments in staff housing too much.
Nuclear families: A phenomenon began with globalization and mobility indicates positive
reach in the coming years for nuclear families who want self-catering accommodation leading
more housing units for different generations.
Investment from NRI: Hyderabad still holds an enviable position to hold property in Because it is considered the hottest destination seconds Bangalore India for NRI investments,. And is expected to again spurge with transparent and reputable manufacturers in the market.
Affordability: Hyderabad should have about 5% of total financing housing market in India and the market is estimated to have increased by 40% over the past three years. Hyderabad is still considered to have more ready-eligible customers in the 5 leading metros in the country.
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