Tuesday, 4 March 2014

Villas in Hyderabad are Springing up everywhere

Residential real estate in Hyderabad is known for its huge higher-end luxury villas today. Improved connectivity levels and social infrastructure have convinced people to shift to the suburbs in search of the villa projects as it invariably comes with land area which is bound to appreciate much faster than apartments.

Due to wider roads and feeder roads in the suburbs and peripheral places, villa development has been made possible due to the availability of larger land parcels and the flexibility in providing more amenities for community development projects.  Real estate developers are unleashing new concepts like theme based ambience to exploit the opportunities lying in the premium housing segment. Villas in Hyderabad are changing the real estate scenario in the city today.  

With the increase in disposable income capacity among the middle class Indians, high-end villas have suddenly witnessed a great surge in their demand among investors. Luxury villas are coming up in large numbers in the suburbs of Hyderabad. The most-favored spots for villas are:

  • o   Nizampet
  • o   Bachupalli
  • o   Kompally
  • o   Shamshabad
  • o   Medchal
  • o   Uppal
  • o   Nagole
  • o   Maheshwaram
  • o   Shameerpet
  • o   Srisailam Highway
  • o   Gachibowli
  • o   Banjara hills and Jubilli hills

One villa covering 300 sq yards with all club amenity costs between Rs 1.6 crore and Rs 1.9 crore and the delivery is within twelve months. Sale of the villas has gone up in recent years because of an increase in the standard of living of the people, more and more people preferring to live independently rise in disposable income of the people etc.