Hyderabad known as the city of pearls is a hub of both IT and Biotechnology companies. There are a lot of individuals who have migrated in this city mainly because of the employment opportunities generated by the companies situated in Hyderabad. Thus, the city has seen tremendous growth in terms of infrastructure. The demand for commercial real estate sector was in full demand, ever since the IT companies have invested in this city. But due to the migration of a lot of individuals, the residential demand in Hyderabad has increased.
There are a lot of developers who are engaged in developing all kinds of residential properties. They offer spacious independent houses, pent houses, sky line apartments and bungalows. Due to the saturation of land, the preference of building apartments is much higher. The property prices in Hyderabad city also vary depending on the locality. There are affordable housing available in developing localities and some sky rising rates for the posh localities.
One such locality is Nagaram, situated in Hyderabad city, is developing over the past few years. The properties rates of Nagaram are fairly lesser than the other localities. As connectivity plays a major role in development of any locality, Nagaram has an upper hand even with the connectivity. Nagaram is well connected to the Outer Ring Road which makes connectivity to the rest of the city easier. Connectivity to the airport is another major advantage. Also, it is close to the IT hubs of Hyderabad that is Hitech city and Gachibowli. The locality is a well rounded one and has educational institutions, banks, hospitals, malls and many more in close in proximity.
With all the above, the demand for residential properties is obvious to kick in. There are different kinds of formats like posh and luxurious 4 BHK and 3 BHK apartments, affordable 1 BHK apartments and comfortable and spacious 2 BHK Apartments in Nagaram. One can buy the apartment depending on their requirement. Nagaram 2 BHK Apartments are in huge demand and is a good option for both end users as well as investors.