One of the most significant investments you will ever make is purchasing a home. Guaranteed appreciation also plays a significant role in the decision-making process, regardless of whether an investor is new or seasoned. When it comes to investing in real estate, a lot of buyers would rather buy a flat than a plot, especially in big cities.
- Luxury and Independence
You have complete ownership and independence over the land when you own an independent plot. Plots, in contrast to apartments, which come with a predetermined list of rules, allow you to use the land however you see fit. A plot always has two advantages. It has the potential to be used as a residential development or as a commercial space.
- Hyderabad is an investor-friendly city
Over the past ten years, Hyderabad’s real estate industry has experienced rapid expansion. Hyderabad becomes one of the cities that guarantees a certain appreciation as the real estate boom spreads to its suburbs. The third quarter of 2022 saw a 32% increase in the real estate market, which remained robust throughout the year. In the first nine months of 2022, there has been a threefold increase in land transactions.
- Best Infrastructure and Best Connectivity
The world’s most dynamic city has emerged as a result of strategic road development plans. The city’s infrastructure is clearly demonstrated by the Metro and Outer Ring Road projects that were recently launched. Hyderabad’s rapid development phase is expected to get even stronger, and the city is expected to grow a lot near the financial district, Gachibowli, and Hitech City.
- Hyderabad has a quality of Life
Hyderabad, a melting pot of religions, cultures, and ethnicities, is known for its high quality of life and has been named the most liveable city in India five times in a row by “The Mercer Quality of Living Report.” It also has a lower cost of living than other metropolises. According to surveys, Hyderabad is one of India’s fastest-growing cities. As a result, the city is attracting property investors from abroad.
NorthStar Homes ventured into Sanctuary, the best premium plots in Hyderabad, on Srisailam highway, in the southern part of Hyderabad, with the intention of providing our customers with all of the aforementioned benefits. The location is advantageous because it is close to TCS SEZ in Adilabad and Rajiv Gandhi International Airport. There will be a high demand for the best plots in the coming days as a result of the numerous SEZs planned along the Srisailam highway. As a result, it is an excellent location for cost-effective long-term investments.