By Mohammed Shafeeq Hyderabad (IANS 21 November) Hyderabad has been called the “most livable” city of India.It is a destination where people come from all parts of the country to settle in and work.
This technology hub has already been ranked among the top-growing cities due to its low cost of living and cosmopolitan culture.
It is a blend of modern and traditional, a historical city that has ‘GangaJamuna tehzeeb,’ a mini-India for all cultures.
The vibrant cuisine and vibrancy of its growth continue to attract visitors from across the country.
This thriving metropolis, with its centuries-old minarets.
and glittering IT towers dotted across the skyline, is now South India’s top real estate spot.The city that has the highest demand for commercial space recently outperformed Bengaluru.
However, commercial and office space rentals are still much lower than in other metropolitan areas.
Industry experts predict that Hyderabad’s real estate market will continue to thrive despite the Covid-19 pandemic, and the future looks bright for the city of pearls.
Many families explored the option of purchasing property in Hyderabad to build their dream homes, even as India was reeling from the pandemic.
With the increase in IT and Service opportunities, “Cosmopolitan Hyderabad” has drawn people from all over India to make it their home.
Non-Telugu, North Indians account for between 20 to 25% of all residential property.These people choose Hyderabad because of the opportunities and affordability,” said Sarith Kumar Jonnala Vice President, Hyderabad Realtors Association.
According to reports, Hyderabad’s realty sector saw a rise in supply and demand in July and September 2021 quarters with 2,100-1300 square feet for 2BHK units and 1,500-2,500 sq ft remaining for 3BHK units.
People from all over India and Telangana come to Hyderabad from different parts of India.They fall in love the city’s warmth.The city’s potential for employment and economic growth is unmatched, according to Peddi Srinivas from Welspaces, a real-estate consultancy.
The city continues to attract investment across all sectors.Both residential and office segments see strong growth.
Hyderabad, home to some of the most important campuses of technology companies outside of their US headquarters, is one of Asia’s fastest-growing real estate markets.
Hyderabad’s cosmopolitan spirit is what makes it so popular.Every outsider feels at home because of the diversity in its population.An analyst said that Hyderabad was able to accommodate all of the attackers from Uttar Pradesh and Bihar in attacks on Bengaluru, especially those who were from northeastern countries.”
Hyderabad has welcomed people from around the globe for centuries.This city welcomed everyone, from Turks to Iranians, to Arabs to Africans to British.
As evidenced by the large number of international workers in technology companies, the city of pearls still welcomes people from around the globe.
The city is well-established in pharmaceutical and information technology, and has seen tremendous growth in the last few years in other sectors such as aerospace and defense and life sciences.
It was also the world’s leading vaccination center during the Pandemic.
A PropTiger report found that Hyderabad outperformed Bengaluru, Chennai and Chennai in terms of residential demand and supply over the past few quarters.
Dr Kiron, SuchirIndia’s Chairman and Managing Director said, “This city has the potential to expand geographically beyond limitless borders, which will ensure that real estate prices never exceed a certain level and remain affordable for the middle-class population.”
Kiron said that Hyderabad is a popular investment location due to the many favourable policies implemented by the state government.He also stated that Tales of Greek, Kiron’s firm, will continue to make Hyderabad an attractive place to live and work.
Hyderabad was a home for many who have made Hyderabad their permanent residence.
In the JLL City Momentum Index 2020, Hyderabad was named the most dynamic city worldwide.
For the fifth year consecutively, Hyderabad was voted the most desirable city in India in Mercer’s Quality of Living Rankings (India 2019).
According to Holidify.com, the city was named as India’s best place to live and work.With a score of 4.0 out 5 cities like Chennai, Bengaluru, and Mumbai were unable to match the city’s performance.
I have worked in Bengaluru and a couple of other places in India.Hyderabad is the only place where I felt the same positive vibes as Hyderabad.”I live here.My family lives here.My son, born here, calls this city home,” Nitin Tanksale said.He is originally from Chhattisgarh but moved to Hyderabad for work.
It’s easy to make friends here and there are many.A few of my relatives moved to Hyderabad because there were so many opportunities for work.He said that after living almost 16 years in Hyderabad, all of us feel like Hyderabadis, not because of our time here, but due to the cultural, language, and traditions the city has embraced.
We have had many unforgettable experiences in Hyderabad.It is large in terms of geography but very close when it comes down to its warmth.It is easy to travel in Hyderabad compared with other metropolitan cities.”This is my home and I will continue to call it that for many years,” stated Abhijit, who comes from Madhya Pradesh.
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