Hyderabad:- Hyderabad’s 2BHK prices are the second highest in India, rising 7.35 percent. Real estate has become a lucrative investment opportunity: According to a survey conducted by Asset Hub India’s first property unicorn, the average price of a 2BHK unit in Hyderabad increased by 7.35% in 2022, making it the second highest in India.
With 18% of Asset Hub respondents wanting to buy property as an investment and 86% of Hyderabad’s respondents believing this is a good time to buy a property, real estate has become more profitable as an investment opportunity as a result of this increase.
By combining platform data with survey responses from more than 26,000 customers across India, the Asset Hub report delineated the key trends that are defining the real estate industry.
The report says that domestic and non-resident alien buyers are turning residential real estate into a lucrative investment opportunity. 18% of respondents said they wanted to buy a property as an investment, while 82% wanted to buy a property for end use. There were a number of factors that contributed to this trend, including increased rental yields and robust long-term capital appreciation.
The average price of 2BHK units also saw a healthy increase, with Chennai (7.9 percent) and Hyderabad (7.35 percent) registering the highest price increases. Rental yields increased by 3-5 percent across the top metro cities.
The average price of 2BHK units also saw a healthy increase, with Chennai (7.9 percent) and Hyderabad (7.35 percent) registering the highest price increases. Rental yields increased by 3-5 percent across the top metro cities.
Rent inflation, buying activity, and home prices have all been rising as a result of accumulated demand. According to the Asset hub report, the post-pandemic pent-up demand was perhaps the most defining trend of 2022.
Rental properties were in high demand as a result of migrant professionals returning to work from offices in major cities. However, construction stopped because of Covid-19, which reduced the supply of housing units. Major cities experienced rent inflation of between 12% and 40% as a result.
