Why Newly Constructed Apartments in Hyderabad Are Best Investment Options for you
The real estate market of Hyderabad has been growing rapidly and is set to compete with the growth rate experienced by the Tier-1 cities like Mumbai, Bangalore, and Delhi. The climb back after the pandemic has seen a rise in newly constructed township projects in the city.
This article hence talks about how newly constructed apartments in Hyderabad can prove to be the best investment for you. It will give you an idea of why investing in newly built apartments is recommended, the benefits and value of investing in them and what amenities come with them.
Best Facilities and Amenities on a platter
Being new and being the first always makes you feel great. You enjoy your time without any wait for your turn on the treadmill, on the ping pong table, in the swimming pool, etc. Newly constructed apartments allow you to be one of the first members to utilize these resources.
If you are looking for the best investment options in Hyderabad, then newly constructed apartments are the way to go. These apartments offer the best facilities and amenities that money can buy, making them a wise investment. The township projects with flats for sale in Serilingampally, Hyderabad, are renowned for offering homebuyers:
1. Outdoor Playing Area: An open area for residents to stretch their legs. A jogging track, outdoor gyms, senior citizen area, reading corners, cricket pitch, basketball and volleyball court, and swimming pools.
2. Indoor Amenities: These luxurious complexes also offer indoor gyms, a library, squash court, clubhouse and work-from-home cabins for privacy.
3. 24/7 water and electricity supply: You will never have to worry about power cuts or water shortages as these constructions are built with a reliable and continual supply of both.
4. Safety and security: These townships are very safe and secure, with three layers of protection, i.e. CCTVs, guards and verification for entry. This makes it perfect for families with children.
5. Good schools and hospitals: These complexes take into account that they should be built close to the best schools and hospitals to provide quality education and healthcare.
6. Nearby recreational facilities: There are many recreational facilities available nearby the apartment complexes, such as parks, malls, and restaurants.
If you’re looking for an investment option that will give you good returns in the long run, then investing in a newly constructed apartment in Hyderabad is your best bet! These apartments have it all. And not to forget, the prime locations of these properties make them even more desirable.
More affordable than Resale Ones
If you’re looking for an investment-worthy apartment in Hyderabad, you’re better off going for a newly constructed unit. Not only are they more affordable than resale apartments, but you’ll also have more control over the final product. Plus, with new construction comes all the modern amenities and finishes you desire. These factors make newly constructed apartments in Hyderabad the best investment option for you.
Newly constructed apartments are more affordable than resale units, making them a better investment for many buyers. One of the main reasons why freshly constructed apartments are cheaper is because developers are keen to attract new customers to help build the project’s reputation; by offering discounts and incentives to encourage buyers, they can secure customers. These discounts range from 5-10% off the purchase price to freebies like furniture vouchers and gold coins.
In addition, developers often offer easy payment plans that make it easier for buyers to afford the property. With discounts and easy payment plans available, it’s easier to afford to take up a new home in a newly constructed apartment when compared to a resale house that might cause twice as much.
Easier to procure financing and simple to rent-out
Newly constructed apartments in Hyderabad are the best investment options for you as they are easier to procure financing and simple to rent out. Also, the maintenance cost is relatively low compared to other investment options, and the return on investment is high.
When buying an already-built property, the banks/lenders will consider the property’s age and condition when considering your loan application. With new construction, the lender knows exactly what they’re getting into. Because of a higher expected return on investment on a new apartment in the market, your loans are quickly approved.
While renting out a new apartment fetches higher monthly rent compared to a used apartment. This is because renters are willing to pay more for a brand-new unit that doesn’t need repairs or renovations. Additionally, new developments are usually located in prime areas with good infrastructure and amenities, which also drives up the property’s value.
Deliver More Value than Resale Ones
Investing in newly constructed apartments in Hyderabad is a great way to generate more capital appreciation. For example, a quarterly increase of 7% is visible in the first quarter of 2022. (source: telanganatoday) The city is growing rapidly, and there is a lot of demand for new housing. This means that prices will go up in the future for the prime areas at an even higher rate. This means that the 3 BHK flats in Gachibowli might soon compete with the Bangalore, Delhi and Mumbai real estate. Investing now will help you reap the benefits when prices rise.
From the modern amenities to the prime location, there are endless reasons why investing in a newly constructed apartment is a wise decision. If you’re looking for an investment that will yield high returns and provide you with a luxurious lifestyle, look no further than a newly constructed 3 BHK for sale in Kondapur, Serilingampally, or Gachibowli areas of Hyderabad. With the many benefits of living in a newly built apartment, it’s no wonder they are such a popular investment option in Hyderabad.