Medusa

Does It Make Sense To Buy Plots In Hyderabad? Find Out

<p>With the recent onset of demonetization and political changes in Hyderabad&comma; does it still make sense to buy plots in the city&quest; Here we discuss the pros and cons of investing in Plots in the city of Hyderabad&period;<&sol;p>&NewLine;<p>Hyderabad is better known as the capital city of the southern state of Andhra Pradesh and Telangana in India&period; The city has a population of over 7&period;75 million people&comma; which makes it the fourth most populated city in India&period; With picturesque buildings and rich heritage&comma; Hyderabad might seem like the ideal place to start investing&period; The below-mentioned points will help you explore if investing in a plot in Hyderabad is the right decision for you or not&period;<&sol;p>&NewLine;<ul>&NewLine;<li><strong>HMDA Master plan 2031<&sol;strong><&sol;li>&NewLine;<&sol;ul>&NewLine;<p>On the 30th of January 2013&comma; the government of Andhra Pradesh introduced the HMDA master plan for the city of Hyderabad&period; It stated that the city has to develop and expand rapidly to accommodate the growing infrastructure and the population of the city&period; Many analysts and experts believe that this would catapult Hyderabad to new heights in the coming decades and thus it is an excellent idea to invest in a commercial land&sol;plot in the city while the master plan is still under implementation&period;<&sol;p>&NewLine;<ul>&NewLine;<li><strong>Low Property Rates<&sol;strong><&sol;li>&NewLine;<&sol;ul>&NewLine;<p>The property rates in Hyderabad are still comparatively low if you compare them to its metropolitan counterparts like Delhi or Mumbai&period; Many analysts believe that this is the perfect time to invest in a plot as property rates will keep on rising in the future due to the planned development of Hyderabad in the coming years&period; Hence it is a good idea to invest in <strong>Plots in Hyderabad<&sol;strong> at the current rates as they are as cheap as they ever will be&period;<&sol;p>&NewLine;<ul>&NewLine;<li><strong>Demonetization<&sol;strong><&sol;li>&NewLine;<&sol;ul>&NewLine;<p>The recent ban on Rs 500&sol;- and Rs 1000&sol;- notes have caused many people to liquidate their assets as well&period; This liquidation has&comma; in turn&comma; affected the realty market of Hyderabad and has lowered the prices for properties in quite a few areas&period; If you want to invest in a plot in Hyderabad&comma; you should look for people trying to liquidate their assets or areas that have been affected by demonetization&period;<&sol;p>&NewLine;<ul>&NewLine;<li><strong>The city <&sol;strong><&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Hyderabad is home to some of the oldest constructions in the country including monuments like Charminar&comma; Golconda Fort and others&period; The city has a very rich culture with some amazing heritage that spans across generations&period; Most of the Mughal day bazaars still operate till date including Laad Bazaar&comma; Begum Bazaar and Sultan Bazaar&period; All these factors make the city a cultural habitat that is bound to develop extensively in the coming future which makes it an ideal location for investment&period;<&sol;p>&NewLine;<ul>&NewLine;<li><strong>Real Estate Regulatory Bill protects your Investment<&sol;strong><&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Indian Government recently launched the Real Estate Regulatory Bill in 2016 that helps regulate the property sector of the country by bringing clarity and understanding to developers and buyers&period; The act protects buyers from the malpractices that are often used by developers&period; This helps make their investment safe and secure&period; Hyderabad is one of the few cities to embrace this Bill wholeheartedly and thus makes it one of the safest and easiest places to buy a plot in the country&period;<&sol;p>&NewLine;<p>Most of these factors suggest that it is a perfect time to invest in a property in the city of Hyderabad&period; The market rates&comma; government policies&semi; all the factors seem to be playing into the favour of the buyer&comma; which makes it the ideal time to buy a plot&period;<&sol;p>&NewLine;

Exit mobile version