Hyderabad is turning into a perfect location for luxury homes and villas. These villas are coming up with plethora of amenities and specifications with price varying from Rs 70 lakh to Rs 3 crore, depending on the size and location of the villa.
The city was already witnessing a major demand in the affordable real estate sector. However, all that is changing with luxury villas attracting the buyers in the South Indian city. These villas are air-conditioned with features like marble flooring, gymnasium, swimming pool, play garden and 24 hr security, to name a few.
There are plenty of 3 BHK and 4 BHK options for buyers in different locations, say industry experts at Modi Builders. These projects have facilities like rain water harvesting, water conservation equipment, water recycling, sewage treatment plant, solar water heater and avenue plantations.
As luxury housing is affordable in Hyderabad compared to the other metropolitan cities, there is certainly a growing demand for the villas. Locations like Rampally, Jubilee Hills, Pocharam, etc., are turning into major luxury hotspots in the south Indian city with top residential real estate developers like Modi Builders coming up various state-of-the-art projects.
Banks are also offering various schemes with long tenures, adding to the advantage. Almost 90 per cent of the value is covered by these schemes, which makes it easier for the buyers to nail the deal.
Hyderabad has also taken the third spot among the top cities in average property price appreciation in the last few years, Modi Builders review. Supportive government policies and political stability has opened the doors of various sectors, including the real estate sector. The trend is likely to continue with a good growth rate expected in the coming years.