How Hyderabad is making its realty come back

Hyderabad is a city which has witnessed a lot of ups and downs. The real estate sector here has seen the highest of highs and the lowest of lows.

But all the highs and lows seen by the city have made it what it is today. It is an invincible force that needs to be reckoned with and it is only inevitable that it will gain what it lost that too sooner that most people would have expected.

This city was at point in time a well-known information technology hub. The who’s who from this sector where fighting to have their offices in this city. It had the perfect ecosystem to support these companies. Real estate thrived during this time.

But things did not remain hunky dory for long. The issue of Telangana took centre stage and everything else took a back seat. All the hard work of a decade went down the drain due to the protests which took place in this city.

Investors and industrialists became quite wary of putting their money in a city which was going through turbulence. No one can blame them because this is the most logical thing to do. But the city suffered not only from the onslaught of the protestors also from the lack of faith shown by the industry leaders.

But there was hope still left for this city. Once the bifurcation of Andhra Pradesh became a reality, the protests fell away. The political uncertainty became a thing of the past. Hyderabad’s future became much clearer. It became the joint capital of Andhra and Telangana for the next decade. After this period it will remain the capital of the newly formed state of Telangana. Andhra has selected Amravathi as its capital city.

The state government is now actively working towards restoring this city’s image. The approach it is taking seems to have paid off. Big names such as Apple and Google have come back to the city. The real estate sector is also picking up its cue from the revival of interest shown by such big names. This sector is posting good numbers for the first time in a long time. And this upswing will only continue in the days to come as the state government puts in more effort towards restoring the city’s glory days.

One of the upcoming residential real estate micro markets in the city is Beeramguda. It is located in the north western part of the city. This area is located in close proximity to National Highway 9 and the Outer Ring Road. MJs Lake Front is a project which is located in this micro market. MJs Lake Front by Prekon Constructions is an under construction villa project.

MJs Lake Front offers 3 and 4 BHK villas. It makes sense to pick up properties such as MJs Lake Front by Prekon Constructions from a location such as Beeramguda. They will be cheaper and one will be able to get more land for the money they are spending.