Hyderabad plotted development projects undergo changes
Hyderabad- As the real estate market of Hyderabad gets stable, developers are now focusing more on plotted development projects with a new trend.
They are gearing up for a turnaround in sales because they see 2013 a better year than 2012. These plotted development projects in and around Hyderabad are undergoing a big change. This concept is actually a utility concept delivering more profit to investors and in turn boost plotted development sales in the project.
The change implies that investors are now choosing those projects which provide holiday homes or weekend homes. This in turn will give improved price appreciation for their investment and creates demand for plotted development projects. Developers believe that this concept of weekend homes will slowly gain momentum and will attract investors in plotted development projects in Hyderabad.
The primary factor in plotted development projects is leisure amenities while the secondary is price appreciation. This is quite astonishing to some developers. Many builders are building villas in their projects on demand. For example Zonah Developers who has built a 40-acre FDI project named “Pearl Valley” in plotted development en route to Ibrahimpatnam, has now introduced villas with private swimming pools.
Prominent and reputed players have also played a key role in providing thrust to the plotted development projects. For example DLF is shortly coming up with a new township project at Bangalore Highway where the surrounding areas is full of plotted projects.
There is heavy demand of plotted development projects at Shad Nagar with increase in price from Rs. 1,300 per sq yd to Rs. 1500-Rs. 2000 per sq yd. Areas like Ghatkesar and BV Nagar on Warrangal highway are facing the same situation. Plots here are quoted between Rs. 1,500 – Rs. 2,000 per sq yd. Gated community development projects at Yadagirigutta, projects like Raheja Mindspace project, Singapore township, Infosys etc have given a virtual boost to the plotted development projects in nearby areas.
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[...] Hyderabad plotted development projects undergo changes [...]
[...] Hyderabad plotted development projects undergo changes [...]