Commercial profits: Land Prices in Hyderabad Up By 30 Percent

Exciting news for Hyderabad real estate, according to a latest study by a leading real estate company, it has been disclosed that the price of land used for commercial purpose has shown a major-20-30% rise in last few years. The same has been observed in the rentals too which has seen a growth of about 20%.
As per the study, “The increase is due to the fact; Hyderabad has seen major traction from some of the leading real estate developers who showed their interest to set up their major commercial projects here.”
Some of the renowned developers who stepped forward for investment in the commercial market are Blackstone, XANDER, Ascendas, RMZ, and Salarpuria.
The report has increased positiveness amongst many experts who are rejoicing with the latest changes in the Hyderabad’s commercial property market. According to them, because of government’s initiatives like unrestricted Floor- Area-Ratio, the pace of construction is strong and fast in Hyderabad. This has also lead to price rise and growth in the demand and supply of the commercial properties.
Another expert mentioned that the city is an easy State to establish a business. At the same time, state government policies are also helping in the faster delivery of projects. He added that in coming years, Hyderabad is going to witness major attention from Flexible, technology-enabled and Coworking office space operators.
In residential sector also, Hyderabad has witnessed a major jump in past few years with leading developers construction both luxury and affordable housing projects for the potential home buyers thereby leading to an increase in the demand and supply of residential units