Hyderabad is the second largest city in Sindh in terms of population. So it comes as no surprise then that this city of almost 7 million people is home to a large number of housing schemes. The provincial government is also working to increase spending on infrastructure and development in the city to ensure and maintain sustainability in the long run. In this blog, we will assess the government’s efforts that have contributed to the success of real estate sector of Hyderabad and we’ll also take a look at the top projects in the city that are worth your investment.
The Success of Real Estate Sector of Hyderabad
To understand what is happening in Hyderabad’s real estate market, first, we have to look at all the things that are being initiated for the city’s development.
What’s Happening in Hyderabad?
On June 17, Administrator of Hyderabad Municipal Corporation Captain (Retd) Altaf Hussain Sariyo announced that the corporation has prepared a roadmap for Hyderabad’s rapid development. The programs being introduced include de-silting of sewerage lines, solid waste management, efficient collection of taxes, and support for the business community.
In addition, the Executive Committee of the National Economic Council (Ecnec) has approved the Hyderabad-Sukkur Motorway, worth PKR 361.5 billion. This will serve as the major route for most people commuting between these two cities.
Moreover, the government has made plans to set up industrial units in the city to create job opportunities. This will help move the load from Karachi, and pave the way for a more vibrant property market in Hyderabad. Inevitably, these measures, along with the development of up-and-coming real estate projects, will contribute towards the success of the real estate sector of Hyderabad.
Projects In Hyderabad
As the real estate sector of Hyderabad is picking up the pace and expanding rapidly, more property developers are exploring the city’s real estate potential. The projects mentioned below have been vetted by Zameen.com. The property portal is also looking after their sales and marketing campaigns.
· Shams City Badin
Shams City Badin is located near Hyderabad-Badin Road, which is one of the most important roads in Hyderabad, as it’s the main transit route between the city and interior Sindh, and home to relics of cultural importance as well.
This place is also close to a number of historical bazaars and tombs for which the province of Sindh is particularly famous. Other location-related benefits include:
- 1 minute away from Peer Chowk
- Close to Abbadgar rice mill
- 2 minutes away from Police Line
- 3 minutes from Regional Passport office
- 5 minutes from District Session Court
- 4 minutes from Allah-Wala Chowk
- 5 minutes from DCO House
This project features residential plots of 200, 300, and 400 square yards. The project has been approved by the Sindh Building and Control Authority (SBCA), has all the necessary utility connections installed, as well as carpeted roads and street lighting.
Apart from this, Shams City Badin is a gated community which has all the necessary facilities and amenities needed to ensure a comfortable living. As this is a residential society, developers have made sure to incorporate ample green spaces, which are one of the most important features of family-friendly neighbourhoods.
· Lakhani Galaxy
Lakhani Galaxy is a vertical development in the heart of Hyderabad and offers both commercial and residential properties.
The project is located in Indus Officers Co-operative Housing Society adjacent to Almas CNG Station (UC4) Qasimabad near Hyderabad Bypass. As this is the city’s Main Bypass, also known as M9 Motorway, the location offers numerous locational benefits:
- 10 minutes from Isra Hospital & University
- 5 minutes from KIA Motors, Toyota Motors & Darbar Restaurant
- 3 minutes from Suzuki Motors
- 2 minutes from Faisal Movers
- 2 minutes from Isra Town
- 2 minutes from Pakistan Hotel
- 1 minute from Hatri Police Station
- 1 minute from Indus Cooperative Society
Lakhani Galaxy also offers a wide range of housing facilities and amenities:
- High-Speed Passenger Lifts
- Health Club
- Hot and Cold-water lines
- Dedicated Reception/Lobby Area
- An advanced system of water supply & drainage
- Standby Generator
- Secured Gated Community
- Spacious Parking
- CCTV Security System
This project addresses the housing shortage in Pakistan, especially in a city like Hyderabad where the search volume for apartments in Hyderabad has increased by 173% between 2018-2020. Moreover, in order to cater to a large pool of genuine buyers, the developers have allowed easy instalment plans, whereas the delivery time is three years.
For investors, this is a good opportunity to invest as the price per square feet of apartments rose up by 107% between 2018-2020.
· South Street Housing
South Street Housing is a project located in Abdullah Garden in Hyderabad. This residential community is primarily aimed at providing comfort for the residents. For residents, the first thing to consider is the locality of the place where they plan on building their dream home and it goes without saying South Street Housing has the best location in Abdullah Garden, which is:
- 10 minutes’ drive from NICVD Hospital
- 10 minutes’ drive from Taluka Hospital Qasimabad
- 5 minutes’ drive from Hyderabad Bypass
- 5 minutes’ drive from Abdullah Mall
- 5 minutes’ drive from Wadhu Wah Gate
The project features residential plots of 1,013, 1,175, 12,00, 1,500 and 2,500 square feet. These plots are being offered on a convenient payment plan spanning over 12 months. The project will be delivered by 2022.
It is a gated housing society with ample green spaces, utility connections, boundary wall, and round-the-clock security.
South Street Housing has been approved by all relevant authorities and guarantees capital gains within two years, and is a project by Mustafa Kareem and Muhammad Qasim, a name synonymous with high-end real estate projects. They are primarily known for successfully selling over 15,000 real estate options throughout the country.
· Royal Icon
Royal Icon is situated in Qasimabad, which has a number of amenities on offer, as well as educational and healthcare facilities. This location on Main Wadhuwah Road offers a number of benefits, which include ease of accessibility to the following spots:
- 10 minutes away from Beaconhouse School
- 10 minutes away from City School
- 5 minutes away from M9 Motorway
- 5 minutes away from Naseem Nagar Chowk
- 5 minutes away from Nerunkot Lawn
- 5 minutes away from Alamdar Chowk
- 2 minutes away from NICVD Cardiac Care Institute
- 2 minutes away from Taluka Hospital
- 2 minutes away from Roopa Mari Restaurant
- · 1 minute from Yaqeen Foundation School
Moreover, the entire project has been designed in a way that ensures social interaction amongst all residents and exudes a sense of community as well as provides an opportunity for people to buy a safe and secure future.
Other facilities and amenities include Passenger High Speed Lift, CCTV Security System, Standby Generator, Spacious Lobby, and spacious parking. Moreover, this project has been approved by the SBCA and Hyderabad Development Authority (HDA).
These flats are available on easy instalment plans and guarantee capital gain within two years. As Zameen.com is looking after the marketing and sales of the project, it has covered all background checks to ensure the project is safe and reliable for investment. You can express your interest in this project by filling in the form available on this page and someone from our 24/7 active sales team will get back to you as soon as possible.
If you are in Hyderabad looking to build a perfect home for your family, or an investor, these are the projects that you should definitely check out. All of these are approved by all relevant authorities and offer properties on market competitive prices that are soon to go up. With Zameen.com, you need not worry about your properties’ investment prospects.