Is GO 111 delaying property purchase decisions?
This is the perfect time to invest in property within the Outer Ring Road of Hyderabad
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This is indeed a perfect time to invest in property and plots within the areas of Outer Ring Road in Hyderabad. The Hyderabad real estate market is now in its best form Buyers from across the country are showing keen interest in this market and are ready to invest their money.
Hyderabad real-estate market has seen a slump in the last six months due to the effects of GO 111. But, the impact of GO 111 either way has only been beneficial for property and plot buyers within the Outer Ring Road.
Retaining GO 111 will increase the real-estate prices and demand for plots within the Outer Ring Road. Revoking GO 111 will help in high value appreciation of properties within the Outer Ring Road, making it future proof. So, it's a win-win situation for plot buyers within the Outer Ring Road in any case.
As of now, Hyderabad is one of the fastest developing cities of Asia. All the big tech firms have their offices here offering employment to thousands of people across the country. A 360 degree growth can be seen in and around Hyderabad. All the areas are fast expanding and the price hike in land rate is the immediate effect. The southern parts of the city like LB Nagar, Vanasathalipuram and Injapur have seen rapid appreciation in the real estate market during recent times. Locations like BN Reddy Nagar, Sahebnagar Kalan and Gurram Guda which are located near the fast-developing Nagarjuna Sagar Road in the south, within the Outer Ring Road are great options for people who want to buy their own plot, build their own home and have a secured investment with high value appreciation.
The campus of the software giant Tata Consultancy Services in Adibatla and the upcoming Metro Station in the southern part of Hyderabad have led to a lot of employment opportunities and development in this region.
All the people who intend to buy any plot or house in these areas can be assured about their investment. Their property valuation will increase by a great value and they can expect high returns on their investments.
All the GHMC approved projects in this region will have absolutely no impact on the GO 111. The buyers can be rest assured about their investments in and around these areas.