Tag: Housing

Investing in land and renting it out can be a good way to generate income and capital appreciation. However, it is important to do your research and invest in the right locations. The key factors to consider include proximity to the city center, upcoming infrastructure, social amenities, tourist attractions, and affordability.

The residential market in Hyderabad saw a strong growth in August 2023, with property registrations rising 15% year-on-year and 17% month-on-month. The total value of properties registered during the month stood at Rs 3,461 crore. The highest proportion of property registrations were in the price range of Rs 25-50 lakh, accounting for 52% of the total. The demand for properties was largely concentrated in the range of 1,000-2,000 sq ft.

Birla Estates has launched a new real estate project in Bengaluru with a potential revenue of Rs 3,000 crore. The project, named Birla Trimaya, is located in the Devanahalli area near the upcoming BIAL IT Investment Region. The first phase of the project offers 1, 2, and 3BHK apartments along with duplexes. The project is expected to attract a diverse range of individuals, including high-net-worth and non-resident investors.