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The southern city of Nawab and Nizam and the capital of Andhra Pradesh, is competing hotly to get a prime real estate foothold. It is the postal address to the technically sound south Indian Telugu film industry, animation studios, cricket and tennis stars like Azhar and Sania and yuppie BPO youngsters. The huge shopping malls, multiplexes and entertainment zones vouch for the growing lifestyle of the population. Maximum numbers of computer savvy individuals live in this city. City, to both beauty and brains,
Banjara Hill Road, Himayatnagar and Raj Bhavan Road have now picked up very well as the valuable CBD property. Offices are being rented in these areas too. Madhapur is also turning to be a prime location for offices. With foreign investors also coming in the area, the prices in this area are picking up. Most property in Hyderabad is attracting the IT sector. Fab City is also starting work on SEZ and this is one reason, which will allow other foreign investors to look at Hyderabad with a business watch.

Very soon the international airport will also throw open realty trends in the upward direction. Since in some places many projects have started simultaneously, there is a short supply of some materials.

Delays in some projects should be a short hindrance once things are settled and materials move quickly. The rentals in both offices and residential areas are steady. Now, Hyderabad scores mainly on its more realistic prices. More affordable than the other metros, it is emerging on the real estate development map as a good option.


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