Hyderabad's Real Estate: Shaping a Visionary Future Amidst Unparalleled Growth

Hyderabad’s real estate market is a beacon of transformation and promise, leading the charge as one of India’s most dynamic and rapidly expanding urban centers. The city’s ascent to prominence is no coincidence—it’s a result of meticulous planning, robust infrastructure, and forward-looking governance that have collectively fueled its growth.

The Making of Brand Hyderabad

Hyderabad is consistently lauded as one of India’s most livable cities, with Mercer’s Quality of Living Survey bestowing this honor for six consecutive years. Recently, Knight Frank’s India Prime City Index 2024 recognized Hyderabad as the nation’s fastest-growing city, solidifying its position on the global map.

According to Mr. V. Rajashekar Reddy, President of CREDAI Hyderabad, this remarkable trajectory stems from decades of deliberate efforts to position the city as a top-tier investment destination. Initiatives such as the establishment of world-class infrastructure, industry-aligned education, and skill development programs have made Hyderabad a global hub for IT, pharma, and manufacturing. Giants across these industries have chosen Hyderabad to house their largest operations outside their headquarters, underlining the city’s unmatched appeal.

The present government’s vision has further invigorated this growth. Landmark projects such as The Future City and AI City, alongside policies aimed at fostering innovation in technology, are poised to redefine Hyderabad's business landscape. These initiatives are complemented by enhancements in connectivity, including the expansion of the metro rail network (Phase 2), the Regional Ring Road, and ambitious ventures like the Musi River Front Development.

Strategic Reforms and Sustainable Development

Recent governmental reforms, such as the Hyderabad Urban Development and Regulatory Authority (HYDRA) policy, have addressed longstanding concerns around unauthorized constructions. While these assertive measures initially created uncertainty among property buyers, proactive reassurances from Telangana’s Chief Minister Shri A. Revanth Reddy have restored confidence.

CREDAI Hyderabad advocates purchasing only RERA-approved properties to safeguard investments. Such projects ensure compliance with all legal approvals, protecting buyers from unscrupulous practices like the sale of undivided share (UDS) properties without proper documentation.

A Resilient Market Poised for Growth

Hyderabad’s real estate sector is flourishing, powered by fundamentals that include affordability, global connectivity, and policy support. In October alone, over 87,785 residential property applications and 794 commercial applications were submitted for registration. The trend continued into November, reflecting the robust demand for properties across segments, from residential to warehousing.

Mr. B. Jagannath Rao, General Secretary of CREDAI Hyderabad, emphasizes that the city’s infrastructure and proactive policies position Hyderabad as a resilient real estate market. “Brand Hyderabad,” he asserts, “is stronger than ever and continues to attract investments. Prospective buyers should act now to take advantage of current pricing, which may not remain affordable for long.”

A Promising Tomorrow for Hyderabad

With its rich legacy of planned development and a proactive government, Hyderabad is on track to become an iconic global city. The rising population of Ultra High Net Worth Individuals (UHNI) and High Net Worth Individuals (HNI), as ranked by Hurun’s 2024 report, speaks volumes about the city’s economic potential. Collaborative efforts between CREDAI Hyderabad and the government promise a well-planned, sustainable, and vibrant future for Hyderabad—a city destined to be a model for the world.