Buying property in Hyderabad is a good investment decision. However, take due care and precautions while buying and selling property in Hyderabad. The first step to ensure while buying or selling property is to ensure that all the paperwork is in order. This is especially true, if as a buyer you are going to check out a resale property. The seller should see that all the papers and rules relating to sale of property in Hyderabad are rigorously followed. In case you are buying directly from a builder, be careful to check on his credentials. Visit other properties developed by the builder to ensure that quality standards are strictly followed. If you feel more confident buying property in Hyderabad from an old and established builder, follow your instincts. In these days of high prices, property investment involves massive sums of money and due diligence must be followed before taking a decision.
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Classifieds Hyderabad is often a good way to introduce your rental property to prospective tenants. The information circulates widely with the help of classifieds Hyderabad, thereby increasing the probability of getting a more suitable response. However, there are some basic precautions that you must take before advertising your property in classifieds Hyderabad. The most important thing to remember is to never give your personal phone number, name or other personal details. You could end up getting all kinds of crank calls. Do not to give a highly detailed description of the property. You do want people to come and visit the property. Only then will they actually decide to buy or rent it. If you give a very detailed description, there may be any one factor that puts them off and they may decide against your property sight unseen. Do not to exaggerate or give any kind of false information in classifieds Hyderabad as such tactics can backfire.
The property market in Hyderabad would gain from a strong leadership in the state that can rebuild the brand image of the city, says a city-based developer.
“There are plenty of lands available in the city, and landlords are also coming forward to sell or to go for joint development. But we cannot lock significant money in the land when there is uncertainty about when we would sell the flats,” said Anand Reddy, executive director, PBEL Property Development.
The company’s 1,800-apartment project has been calibrated to the prevailing market conditions, with the first phase of about 400 apartments being built in two years. It has delivered 306 apartments, and plans to build the second phase in another two years. For the full project, however, giving a timeline would be difficult, he said.
According to Reddy, the market can absorb 300 flats per month, but it is not yet ready for luxury products and developing the right product is the challenge.
The company has targeted its apartments specifically at the IT professionals. A majority of the buyers were from outside the state, and the demand for property in Hyderabad is strongly linked to the perceptions of its’’brand’.
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