Hyderabad Real estate awards 2016

Hyderabad is the most affordable residential markets out of the country's top seven cities of Delhi NCR, Mumbai, Bengaluru, Chennai, Pune and Kolkata. It has become the latest destination for MNC’s, corporate and educational institutes. This has resulted in the growth of real estate at rampant rates. The economy in Hyderabad is growing and commits to grow further. The International Airport and the Outer Ring Road have given real estate a huge boost. The communication and the transport facilities are increasing with the set up of the different national and international companies. The top localities that have generated a lot of interest among buyers are Uppal, Chandanagar, Gachibowli, Kondapur, Kukatpally, Manikonda and Miyapur. The year 2016 looks brighter from the demand side as the vacancy in the city has fallen to 17 per cent and rents have already started rising. Residential market is expected to benefit as more and more new companies establish their presence in Hyderabad. The city's real estate market is on an upward growth trajectory owing to an amalgamation of all these factors.

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