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West Hyderabad witnessing fast growth

No Comments Sub Category:Hyderabad,Residential Real Estate Posted On: Aug 08, 2012

West Hyderabad has become one of the fastest growing areas in the city in terms of IT development, increase in capital values and infrastructure growth.

The areas like Madhapur, Kukatpally, Miyapur, Banchupally have generated robust demand due to the presence of IT professionals, good connectivity and IT parks nearby.

Apart from these areas, Banjara Hills, Jubilee Hills, Langar House and Mehdipatnam also have seen outstanding growth due to IT advantage.

Residential prices have shot up by 20 per cent in the past six months mainly because footfalls have increased and converted into transactions in the Apr-Jun quarter.

Realtors point out that the boom will continue in the area in near future.

To read more real estate news:

Real estate firm DLF’s net profit down by 18%

 

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