Growing Opportunities for The Modern Investor in Hyderabad Office Spaces

Hyderabad is one of the leading cities in India in terms of population, GDP, and technical expertise. High in culture and social aspects, the people of Hyderabad project the forward-thinking culture of the modern India. The huge increase in business ventures has created the need for office spaces that is acutely felt in this ballooning city.

Increase in land rates

The high demand for Hyderabad office space is due to both the development of Hyderabad and the increase in the land rates in all parts of India. The buy land rates are between Rs 5,850 and Rs 6,395 and the rental land rates too are equally high. The rental value of single bedroom houses is at Rs 4,625 – Rs 6,250 while the three bedroom houses go for Rs 12,345 – Rs 14,000.

Offices are in demand

The prices of offices and commercial institutions is on the rise and this is reflected in the growth of the GDP of Hyderabad. Hyderabad is the largest contributor to the GDP of the state. The revenues it generates amounts of Rs 699,000 million. It also has a huge population of 62,814,819 and so finding enough space for offices is not easy. 

Renting out options

The options present for the owners who rent out the building space is limited. They can either give the whole building for rent in which case the rent is going to be sky-high or they can give portions of the building for different firms which might solve their problem. This type of office sharing is growing all over the place since there is growth of business and the land value is also rising. 

Cultural richness of Hyderabad

Many foreign and Indian tourist come to Hyderabad for another reason. It is the Pearl City, the place where one can buy exotic pearls and gemstone at dirt cheap prices. It is the only place in the world where you will find a diamond market. So, during season time, the place is flooded by tourists trying to pick the choice stones and jewellery. 

From another perspective, the historical city is known as the Genome Valley for its connection to research in the biotechnical field. The pharmaceuticals sector is also blooming here. Combined with the establishment of prominent public sector enterprises such as BHEL, HAL, NMDC, IDPL, DRDO, ECIL, and HAL among others, Hyderabad is a well-developed place with lots of potential for further growth for new business ventures. 

Ripe for investing

Investors can find prime properties to develop and make a big packet. Hyderabad presents many opportunities if you can see where the commercial projects are just developing. Investment in offices will bring in the most profit since the demand is maximum for the business offices. 

The latest developers have taken to plug and play offices. These are offices with all the facilities that any office needs to operate. You only need to take your staff and begin to work. You get the stationery, the computer stations, the broadband connection for the internet, the air-conditioning, and even secretarial services if you need it. You can never go wrong if you invest in an office property in Hyderabad.