There was a time when real estate was never really people’s choice for investment. The city, however, has undergone significant changes in recent years. As the city grows and evolves, the need for better roads, bridges, public transportation, and other facilities has become increasingly crucial.
By investing in infrastructure, Hyderabad has enhanced its residents’ quality of life andz attracted new businesses and investors, leading to a surge in the real estate market.
So let’s explore and understand the role of infrastructure development in boosting real estate growth in Hyderabad.
Enhanced Connectivity:
Hyderabad has largely focused on expanding connectivity within the city with improved infrastructure as it allows for easier travel and faster arrival at destinations. As a result, areas previously considered far-flung or inaccessible have become more attractive for real estate development, leading to increased property prices in Hyderabad.
The ORR, a 158 km long expressway that encircles Hyderabad, has led to the development of several residential and commercial projects along its stretch. Such infrastructural developments have created new opportunities for real estate developers and investors to invest in the city.
The Hyderabad Metro Rail has also played a significant role in boosting the real estate sector. It has improved connectivity in the city, making it easier for people to commute to different parts of the city.
Better Facilities:
The development of social infrastructure, such as hospitals, schools, and shopping malls, has also contributed to the growth of Hyderabad’s real estate market. These facilities have made the city more attractive to people looking to buy or rent properties. This has increased the city’s demand for residential and commercial properties, driving up property prices.
Hyderabad, today, has international schools, the best hospitals in India, 7-star restaurants, and much more, bringing the top facilities to the city.