gated community areas
CategoriesApartment,  Real Estate

What are the Best Gated Community Areas in Hyderabad?

Hyderabad has become the new destination for millennials who are looking for a better lifestyle. This city has become the home to some of the world’s leading companies, hence finding a well-paid job is comparatively easy as compared to other commercial centres in India. Since companies are flocking in this city, the rate at which people are migrating here increased over the decade. So, if you are wanted to shift to Hyderabad in search of a proper job, then you should also think of getting a proper accommodation. In this post, we will help you to understand the best gated community areas which are available in Hyderabad.

Due to massive migration, many real estate projects are coming up to provide accommodation to the new migrants. There are various gated community areas in this city and hence you need to have a proper understanding of every area. As per your budget and your needs you can select the best area for your living.

gated community area

Which area to choose?

Hyderabad is one of the best growing cities in India and big tech companies, high-end education institutions, affordable lifestyles makes this city an ideal place to live. Whether you are a bachelor or have a family, this city has various kind of accommodations.

So which area is best to live?

Madhapur

If your office is located in the Hitech city of Hyderabad, then you can check out gated communities in the Madhapur area. This is a suburb in the heart of Hitech City and is a perfect place to live it. The Hitech city is home to big tech companies and amazing colleges. If you stay in Madhapur then you can easily commute to places within the Hitech cities. Also, famous places like Banjara Hills, Gachibowli, etc are also close by. If you are looking for apartments for sale in Hitech city and if your budget is low, then Madhapur can be a viable option.

gated community area

Hafeezpet

Similarly, if you are looking for accommodation near Hitech city, then you can check out flats and houses in the Hafeezpet. Hafeezpet is a neighbourhood near the Hitech city and is only 15 mins drive from this commercial centre. The transportation facility in this area is great and hence commuting from this place is very easy. If you are looking for gated community in Hafeezpet,  then there are various options to choose from.

gated community area

Uppal

This neighbourhood is located on the east side of Hyderabad.  This location is a new commercial hub as various IT companies, educational institutions are setting up their bases here. The price of real estate in this area is relatively low as compared to other places in Hyderabad.

gated community area

Banjara Hills

If you are looking for a posh area, then Banjara Hills is the place for you. This area is one of the most important commercial areas in Hyderabad. It has various international schools, hospitals, well-renowned restaurants etc. Banjara Hills is one of the apt gated community areas in this city.

gated community area

Here are a few areas which you can check out if you are looking for a place to live in. There are also other residential places. All you need to do is do some more research on the internet and select the area which has all the amenities you need.

Also Read: Technology Changing Real Estate

impact of covid-19 on real estate
CategoriesApartment,  Real Estate

Impact of Covid-19 on Real Estate

Impact of Covid-19 on Real Estate

All the years that came before 2020 suffered high or low prices in the real estate. But, the beginning of 2020 has just marked the worst Impact of Covid-19 on the property dealers. The pandemic has just ceased its market and inflow of income. But the doubt arises in the customers as this situation brings some low prices properties to them.

What is the scenario of real estate dealers in Hyderabad?

When talking about the overall market recession, the primary focus goes upon popular cities such as Hyderabad. Nowadays, apartments for sale in lb nagar have gained momentum due to the low prices. The straight Impact of Covid-19 on Hyderabad’s real estate is visible in the 43% price fall. It is surprisingly the most inexpensive sales figure for the entire decade.

In the real estate and property business, ground workers are said to be the pillars of the industries. Because they are the actual people that give birth to the entire establishment. But the Impact of Covid-19 is visible over the poor workers in the form of a financial crisis. As soon as the lockdown hit the nation, workers had to travel back to their homes leaving the projects behind.

And, all these half-done projects are a burden on the head of builders and dealers. They can neither sell nor complete these projects. Even if they want to sell these properties, prices need to be kept low. Hence, the situation is clearly a loss-full deal for the dealers.

Opportunities for Buyers

The fate of dealers and sellers is clearly in darkness but buyers can still keep their show going. Since the prices are dropping down, the chances of getting a big deal at a small price are high. If you have the right money, then it is a golden opportunity to buy your dream flat or get into some gated community in hafeezpet. In short, property buyers are subjected to the following benefits:-

  • Cheap loan interest rates– During this pandemic, the low-cost properties are backed by low-interest loans too. In case you do not have an ample amount of bank balance, you can take an easy loan at low interests. According to the director and HOR of Anarock, the loan interest rates have now gone down to 7.15% to 7.8% only.

 

  • Great chance to grab some solid asset– While running in the race of leading a stable life, the milestone of earning a secure asset has always remained untouched. But this COVID-19 situation can make you achieve it. Any house/flat/property is a great way to invest your money for good future returns.

 

  • Buy properties from the comfort of home– Since COVID-19 is an era of social distancing, dealers have digitalized their business. Many of the builders and property sellers have moved on to the internet for showing properties in the form of virtual tours. Thus, it will be another good advantage if you can buy your property by sitting at the comfort of your home.

 Conclusion

Therefore, this pandemic has left different impacts on different kinds of people. Dealers and builders might be facing some loss but they can still try to make up for it by other means. Whereas customers should definitely take benefit of this opportunity by contacting some best dealers.

Also Read: Which Company has Best Office Space