India's Top 10 Property Destinations

5) Hyderabad:

Hyderabad, the city of Pearls, has been one of the major hubs for IT/ITeS industry, and has observed massive growth in this sector over the past decade. The city’s real estate sector is gaining popularity and developers are launching increasing number of new residential projects and luxury housing projects, which has made this city as one of the favorable realty destination in India.

The city is witnessing huge growth and development due to increased job opportunities. The reason behind the development is because of ongoing infrastructure projects and the advanced facilities which have made Hyderabad the most sought out area of the city for accommodation. Some of the posh residential areas include Alwal, Kapra, L.B. Nagar, Patancheru, Uppal Kalan, Ramachandrapuram, Rajendranagar, Serlingampally, Malkajgiri, and Qutubullapur.

However, the city is observing more real estate activities as the areas have the benefit of being strategically located near IT corridors, good connectivity of roads and availability of space at affordable prices, are the key features that are attracting developers to construct new projects under residential, commercial and retail.