You have come to the right place if you are thinking about buying a house. It is a big decision as it is both high capital and a long term investment. One of the first things you have to think about when buying a house is location. Let us take a look at the most promising locations to buy real estate in Hyderabad.
Hyderabad is one of the fastest growing metropolitan cities in India. We have a steady growing housing market even during the most turbulent times. The advantage of Hyderabad real estate or housing market is the uniform development of the city in all directions. West Hyderabad is undoubtedly the most developed part of the city with a very high demand and growth. This is attributed to the high growth of the IT corridor in West Hyderabad. The government recently has been trying to offset this by providing sanctions and benefits to companies increasing presence in east and other parts of Hyderabad for uniform development.
That being said, there is no one perfect location to buy a house. It is a very individual choice and must be decided keeping in mind several factors that we discuss below.
Distance from work:
In pre covid days, the proximity of the workplace played the most important role in deciding the location of your house. Now that most of the companies are operating in work from home mode successfully, the concept of going to work everyday is changing and even after the whole pandemic subsides we might see flexible work timings which will expand the scope of locations you can choose from. You don’t have to settle for the very expensive but smaller houses anymore, you have the option to choose larger living spaces in slightly far off locations in the same budget. Infact, we have seen people opting for bigger homes with an option for home office since the pandemic has started.
Proximity to daily touchpoints:
Everyone needs to know their daily touch points before deciding on the location. Daily touch points are places that everyone in your family visits on a day to day basis. It might be your workplace, schools that kids go to, friends & family etc., These daily touchpoints vary from family to family and the perfect location will be the intersection of all the touch points. One of the most important things that won’t change in house hunting is proximity to good schools. It is very important for families to live close to good schools and hospitals. Something you can also consider if you are from the same state is the proximity of the house to your village. It makes life easier if your parents or relatives visit regularly.
Density of Location:
One other factor everyone must consider is the density of the location. You might decide to live in the most happening location only to realize you are stuck everyday for 30 minutes in your parking lot trying to get out of your community. Make sure you look at the density of your potential community and its connectivity to the main roads. It might be a better idea to select a location not on the main road but on one of the side roads, close enough for a quick walk but far enough to be away from traffic and street noises.
RV Nirmaan offers gated communities in all the prime areas in Hyderabad like Miyapur, Kondapur, Kompally, Kismatpur etc., Take a look at our current projects to match them with your daily touch points.