Q:Hey I live in Hyderabad, but my parents live in Chennai. We are thinking of investing in real estate soon. But, can’t seem to decide which city has better prospects in terms of growth and capital appreciation. It’ll be great if I can get some clear comparison points in terms of market growth in both cities and which city is more beneficial for investors at this point.
Latest Answer: Oh that’s absolutely true. He is in fact being a little modest when he says there’s a 25% difference. If you want to compare apartment prices in the city centre, you will see that the prices in Chennai are 60% higher than in Hyderabad, and apartments outside the centre are priced 39% higher in Chennai than in Hyderabad. This data might not be to the dot accurate, but I guess you pretty much get a good picture of the two cities by this. But, you know all said and done, I personally think that Hyderabad will soon see an increase in realty, the city seems to be under stable political condition now.
