Properties in Gachibowli promise high ROI |
Posted: April 1, 2015 |
Lets state the obvious, the growing IT sector in Hyderabad has surely developed a number of neighbourhoods like Gopanpally, Nanakramguda, Gachibowli and Manikonda. However one market that has emerged as a realty hotspot is Gachibowli. Cited to be an IT (Information and Technology) hub, due to many MNCs (Multi National Companies) now creating their office spaces, the demand for flats in Gachibowli for sale has gone on an overdrive. The presence of many reputed companies like Amazon, TCS, Infosys, Wipro and Accenture has lured many working professionals to invest here. Essentially driven by white collared professionals, the realty market of this vicinity has captivated many local and national real estate developers mind, and there are a number of extraordinary residential projects coming up. Wooing the IT professionals by their state of the art amenities, a young home buyers is definately spoilt for choice every time they decide to invest here. The presence of many affordable housing untis, mid segmented homes to even villas in Gachibowli are witnessing a major escalation in terms of rental returns. According to current market trends, rental values for 1,000 square feet flats in Gachibowli have seen an appriciation of Rs 1,500 in the past few years. Developed into becoming one of the most sought after rental locality, the major influx in housing demand is pushing builders and constructors to create world class homes with amazing amenities and facilities. The presence of swimming pools, gyms, round the clock security and 24 hours power back up has captivated the minds of the urban crowd. Another factor that is fuelling the current realty demand is the areas great connectivity. Close proximity to HITEC City (which is only 6 kilometers away) has attracted home buyers to Gachibowli. The seamless road connectivity to other parts of the city has also attracted many families to shift base here. High ROI (Return on Investment) is another element that is luring many property seekers. Being a favourable market for investors and second time home buyers due to its formidable rental income, Gachibowli attracts many IT professionals. The political clarity has retained buyers sentiments in the market and investors are now purchasing properties for sale only to let them on rent later. With working professionals now considering close to their office space, the future outlook of properties here is only going to witness a major boom. The proposed upcoming ITIR (Information Technology Investment Region) project will develop and flourish the commercial market of Gachibowli. So if you are looking towards investing in a property that plays an important role in changing your lifestyle and promises high return on investment Gachibowli is the place for you.
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