The western zone of Hyderabad has seen exponential growth in recent years and a real estate boom with increasing value in the residential realty industry for open plots in Hyderabad in total.
Open plots in west Hyderabad have grown as a commercial attraction and an employment hub, attracting prospective property buyers to hunt for houses in this part of the city owing to IT expansion and the presence of SEZs. The city that was once distinguished by Charminar or Hussain Sagar Lake has metamorphosed into an IT hub with gleaming skyscrapers that are addressed to IT companies, financial corporates, and global e-commerce establishments as a slew of young IT and financial professionals from all over the world have found their way to Hyderabad.
Why are open plots in west Hyderabad are getting popular?
Due to many employment possibilities and well-developed social and physical infrastructure, open plots in Hyderabad are currently the city’s growth corridor. Kokapet, Narsingi, Tellapur, and Nanakramguda are among the top localities in this region with rising residential real estate values.
Connectivity – one of the reasons why open plots in west Hyderabad are getting popular is because of the outstanding road connectivity, prospective buyers prefer to buy properties in this area. If you do not have a private vehicle, it is simple to move from one section of the city to another, thanks to the availability of public transportation such as vehicles and cabs. However, the majority of the professionals who live here own vehicles that make commuting easy.
Property Availability for open plots in Hyderabad – Over the last few years, open plots in west Hyderabad have increased. Because of rich work prospects, this area of the city has seen population growth. There is currently a spike in real estate activity here due to an increase in supply and absorption. Because of the presence of employment pockets has led to an increase in real estate activity, so the west zone has received 75% of the new supply of residential buildings.
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