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The price of
land and real estate properties of Hyderabad is being in hike from last fifteen
to sixteen years since the growth of software industry has been taken place in
Hyderabad. Price of Alkapur town has been reached to three to four thousand per
square feet. The price of other places has also been really very high these
days, like Awal, Bandlaguda or Baddupal. These places have been very popular
due to rapid development in these
areas. Moreover people are moving to these locations for lots of convenience
says property.sulekha.com.
Why the outskirts have also been chosen in Hyderabad
for real estate business
It has become
infeasible to buy any plot near main and important locations of Hyderabad and
people are trying to use outskirts for commercial uses as well. The areas near
highways have also been used for residential or commercial purposes. On the
other hand small industries are also buying areas at these locations. With different
small and large industries the small business stake holders are also buying
plots at those locations as well. Hence the market price near Hyderabad is
really very high.
A price like
four thousand to six thousand per square feet is not an affordable price for
many people at main cities and hence the demands for outskirts are increasing
rapidly. The extension of metro route to some places will also increase the
price of different places. So the area where there is a plan of metro line
expansion is also in huge demand.
Categorizing areas of land and real estate properties
of Hyderabad
There is a
categorizing technique of land and residential lands and lands for industries
of Hyderabad , Group A, group B and others are in group c, group A having the
best quality lands and higher values and others value are decreasing
correspondingly. Areas have been marked for best and poor quality market places
so that classification of price can be done prominently. Categories have been
done by the city planner and it is available to every single real estate
business owners that any people can go through before going to buy any kind of
property at any location.
There are lots
of people and business for choosing the right property that you can buy at any
location of Hyderabad according to your demand and budget. So if you are trying
to buy any property then you can take help from the person who can give you
clear estimate of land price in Hyderabad area wise.