Real estate market profile of Hyderabad is growing steadily since over the last couple of decades. Due to a booming economy especially in the IT sector the demand for Ultra-premium apartments have seen a steady rise. Hyderabad the city of pearl and the city of Nawabs alike has truly turned in to a fairly cosmopolitan city providing top-notch quality of life to its residents. Many Indian and international real estate development giants have undertaken various projects in Hyderabad. These projects include commercial as well as residential spaces ranging from bungalows, villas to plush apartments. As the purchasing power and lifestyle of the vast middle class improves drastically, there is a growing trend amongst buyers to opt for luxurious flats instead of affordable normal housing. There are few plush projects undertaken by builders and developers in Hyderabad too to cater to the concerned market. Such plush projects are spread across the city from historic VIP enclaves and upmarket residential areas like Banjara Hills and Jubilee Hills to outskirts of the city too.
Investing in a premium property in Hyderabad
Investing in a premium property in Hyderabad today makes absolute sense. Hyderabad has a population of approximately 9 million which is growing steadily and so it the city. The city today is small in size compared to Chennai and Bengaluru but is the seat of political power and economy in Telangana. Hyderabad is not only economic and business hub but also at the center of career and investment opportunities in whole of Telangana and also across South India. After the recent political turmoil which has been settled after bifurcation of Andhra Pradesh and formation of Telangana, the real estate market of Hyderabad is all set to grow many a folds. There have also been many big ticket infrastructure projects that have been undertaken in the last few years and will completely shortly in Hyderabad. New airport, metro and the 8-lane Outer Ring Road are projects that will increase connectivity within Hyderabad and outside too. The city will soon compete will other metros such as Delhi, Mumbai, Bangalore and Chennai for its rightful place amongst top cities in India.
Buying a luxurious flats in Hyderabad
Hyderabad is termed as the gateway to South India. With such potential and a booming economy and real estate sector there is new niche in the real estate sector which is ultra-luxurious, premium apartments and flats. So, how are these prime luxury properties different than the usual products that develops offer? Well it’s a given thing that theseplush flats and properties offer much more amenities and luxuries than usual projects. But the advantages don’t stop there. Development and built quality of these flats are far superior when compared to the ordinary construction of normal flats. These luxury apartments are bigger is size and also offers unparalleled comfortable lifestyle. The fit and finish of these flats be it tiling, plumbing or storage spaces and more are all of top quality of international standards. These projects also have amenities such as air-conditioned lobby, grand entrances, ultra-modern security systems, smart parking and much more.No wonder that these flats sell at an extra premium than the regular flats.
Amenities luxury flats and apartments provide
These properties provide amenities of a five star hotel or resort right at your home. The goals of a homebuyer such as comfort, security, status and more all are addressed in such projects. New-age buyers now prefer to invest or buy in such properties instead of the usual villas, row houses or bungalows. If an investor is investing in a property for handsome returns then too investing in ultra-luxurious flat or project is better bet as due to limited availability of such flat one can expect speedy appreciation and one can also expect a premium on the rent that he will earn during the holding time. To make one’s stay comfortable these premium flats have amenities such as centralised air-cons, big rooms and balconies to relax, designer kitchens and bathrooms, all gizmos and gadgets, luxurious marble or wood flooring, security features such as CCTV, fire and smoke alarms, intercom and much more. The rates of such properties vary depending upon the area and amenities but the buyer does have to pay a premium when purchasing such properties but he surely gets his every penny worth.