The ‘city of charminar and nizams’ is simply in an image make over drive and has emerged as one of the hottest real estate hubs in the country.

A massive $3b dollar Fab City is coming up in the city and city has already notched the distinction of ‘second best IT destination in the country after Bangalore’ which has resulted in many major IT firms setting up their base here ( many have opted it over Bangalore). And the number of such companies in Hyderabad is only growing which has given a boost to commercial real estate development in the city. It already has an international airport and there are plans for a mass rapid transit system which is likely to help Hyderabad further climb up the real estate charts.

Hyderabad presently is witnessing development of several townships (mostly in suburbs) like Vattinagulapalli, Gaulidodi, Metchel Road, Nanakrakuda and Maniconda.

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Two big construction companies Israeli companies Property and Building Ltd. and Electra Real Estate Ltd. are in a process to buy a 35-acre lot in Hyderabad, India for $23 million. In this joint venture they are planning a massive residential and commercial complex in the area of 28000 Sq.m with estimated budget of $140 millions.


Property and Building and Electra Real Estate each owns 45% of the joint venture, with the remaining 10% is held by their Indian partner. The two Israeli companies will therefore invest $63 million each in the Hyderabad project.

This will be a biggest venture that is having a foreign collaboration and this will certainly boom up the real estate again.

well.. thats great news sirisha. I hope the market stabilizies ..

Hi, I plan to rent out my 2 bed room apartment in Ameerpet, Hyderabad by 16th august in fully furnished condition. anyone interested let me know for further details

yes, Vinay you were correct regarding hyderabad its' an city of nawabas and nizams. The city is known for its culture and heritage before , but now it's the most happen place in India with lot's of ventures which were already started and few were yet to come . The city has charmianr which is known for culture , even the city hyderavad is known as pearl city.

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