Many builders and other developers from other cities are visiting the State capital on study tours as a result of hyderabad frequently making headlines for its rapid development in the real estate sector, particularly in the absorption of commercial space and the construction of luxurious residential apartments and villas. Soon, a 250-person team from maharashtra is anticipated to visit the city. This follows a delegation from the maharashtra Builders Association's youth branch visiting the city the previous year. rami reddy revealed the reasoning behind this practise and noted that hyderabad has grown astronomically, particularly over the past seven years. Every industry, including the pharmaceutical, industrial, information technology, and life sciences, had significant expansion, and this led to good growth in the real estate sector as well.
Skyscrapers with between 30 and 50 floors could be seen all throughout the city. The largest number of high rise buildings were being built after Mumbai, in Hyderabad. hyderabad was the city with the greatest activity right now. There were villas here that cost somewhere between Rs 3 crore and Rs 30 crore. Apartments were also available, with prices ranging from Rs 5,000 to Rs 15,000 per square foot. No other city, he claimed, has such diversity.
Complete aluminium form work has emerged, replacing traditional methods. The cast-in-place concrete structure of a building is formed using this technology. He claimed that builders were coming here to learn about such cutting-edge technology and methods of construction. Numerous architects, contractors, and builders are also interested in the clubhouses in several gated communities. Landscape design is given equal emphasis in projects. They examine residential apartments, skyscrapers, and opulent villas while on these visits. He noted that in addition to commercial potential, all factors, including the employment of innovative technology from the foundation to the finishing, would be examined.
"Transparent approval of building permits is required, however this is not done in many big cities. The main differentiator, according to Rami reddy, is the absence of political corruption in this country. Magnificent structures are being built throughout Telangana, even in the countryside. The structures in chityala village are incredible, as I can attest. Buildings with solar fence, a glass facade, and an elevation are rising. In Telangana, the cost of living has undoubtedly gone up, he claimed.
Not all of the visitors are from Maharashtra. According to CREDAI hyderabad Secretary v Rajashekhara reddy, builders from the delhi NCR region and those from kolkata have expressed interest in travelling to hyderabad to examine various aspects, including commercial space, warehouses, and residential projects. Infrastructure is Hyderabad's major asset. Due to inadequate infrastructure or bad planning, many communities were dealing with several issues. To reduce traffic, link roads, flyovers, and underpasses have been built. According to him, this is prompting several builders to consider Hyderabad.
Copyright © 2024 HomesIndiaMagazine. All Rights Reserved.
