Hyderabad: ‘The Most Dynamic City’ to flourish more in future of Real Estate
The factors such as competitive property prices, increased office leasing activity and robust infrastructure growth over the years has positioned Hyderabad as one of the most dynamic and most active residential markets in short span of time. According to the sixth City Momentum Index published by JLL ( Jones Lang LaSalle ) recently, Hyderabad is ranked second which showcase the regions continued rapid urbanization, strong economic growth, and emerging business hubs. However, the city also offers the lowest office rentals in comparison to other markets including Chennai and Banglore. Unlike other major cities, Hyderabad still has enough space to grow more in the next coming years. The interesting fact is that; the Hyderabad residential market is highly driven by the presence of other major industries such as pharmaceuticals, electronics, and biotech including IT sectors. According to the Real Estate Company, NK Realtors, “the real estate sector is booming greatly in the y...