Luxury Residential Properties for Rent in Secunderabad

According to a survey by Mercer, Hyderabad has once again outperformed Mumbai and Delhi in terms of living quality. Now, the city is on it way to be smart and clean at the same time. Read more on PropGuide.

India is in the middle of an urban revolution that will change the way we live. More and more people will shift to cities and participate in economic activities, thus doing their bit towards nation building. However, large-scale urbanisation comes with its own set of problems.

Hyderabad is a promising informational technology and manufacturing hub, thus, boosting demand for apartments in the Telangana capital. Furthermore, the upcoming Hyderabad metro will give a fillip to connectivity thereby giving a push to the rental market. The annual rental yield in the city witnessed an increase of 4.13 per cent. MakaaanIQ lists five localities in the City of Nizams wherein the rental rates have soared over the past few months.

The MBRI for the period of Jan to Mar 2015 highlights the fact that most of the Indian cities property prices have skyrocketed making them fall in the rent category. This data depicts that currently India is a rent conducive destination, people should prefer to take a flat on rent rather than buying a property. For the same quarter in the last two year period i.e JFM 2013 and JFM 2015 the National MBRI index has remained stable at 28. Stability in the index could be due stability in property and rental rates in cities of India.

Everyone has an opinion on whether it is better to rent or buy a home in the prevailing real estate conditions. Often these opinions are based on personal circumstances and often what is better for one person may not be the best solution for someone else.Comparison between the MBRI for Oct-Dec. 2013 and MBRI for Oct-Dec. 2014 shows that within the last one year, key real estate markets have become more attractive for renting.