Residential Investment Property

Hyderabad property projects investors in array

Hyderabad is the booming city in India. It challenges all the cities through its rising growth in the Indian real estate market. It is ever respected city for its historical image but now an extra value added to Hyderabad. This is its real estate market.

Hyderabad is invigorating its infrastructure profile pull towards further MNCs, companies, business firms to the city. A lot of property exact funds and real estate developers are in array investments for Hyderabad. In the previous few months, at least 20 new infrastructure and property projects have been launched in the city.

The Hyderabad Urban Development Authority (HUDA) too is investing about Rs 6,000 crore to boost up the city's infrastructure. The HUDA is developing eight-lane access-controlled expressway in the city. Infrastructure firm Lanco Group has announced $ 200 million for their realty business. Lanco Group is developing a township in Hyderabad over a 20 million sq ft area entailing an investment of Rs 6,500 crore. This proposed thruway is a fraction if the Outer Ring Road (ORR) project and would be taken up in three phases.

As well, Philippines-based real estate firm Ayala Corporation is foraying into Hyderabad's real estate. The real estate firm has lined up $100 million to invest in the city in the next two years. Ayala is looking for a Hyderabad-based property firm to venture into the property segment.

Deutsche Bank's associate RREEF Alternative Investments has taken 60% stake in a real estate project at Hyderabad. This project is being developed by Nagarjuna Construction Co. and is estimated to cost around $ 400 million. The project engages development of five million sq ft of office, residential, retail and hospitality space.

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