Hyderabad : While throughout India, real estate investments for the middle income group have been out of reach ,the city of Hyderabad r...
Hyderabad : While throughout India, real estate investments for the middle income group have been out of reach ,the city of Hyderabad remains both preferable for buying and renting properties .
The buy vs. rent report , 2014 by the online personal finance adviser Artha Yantra, showed that the Property prices in the city have hiked by a mere 11 per cent .The average monthly renting price ranging around Rs.12,000, a 15 percent rise since the yesteryears .
The report also showed, people earning an average of Rs.12lakh per annum could prefer buying houses in Hyderabad without settling on their lifestyles .
An online study on real estate investments in India, suggested that individuals with income less that Rs.8 lakh per annum should rent homes, those within the Rs.8-10 lakh range can either buy or rent and those earning more than Rs.10 lakh should buy homes in Hyderabad.
Compared to other cities, Hyderabad has proved to be more stable in property prices , thus ranking itself the most affordable and preferable city for property investors .
Hyderabad : While throughout India, real estate investments for the middle income group have been out of reach ,the city of Hyderabad remains both preferable for buying and renting properties .
The buy vs. rent report , 2014 by the online personal finance adviser Artha Yantra, showed that the Property prices in the city have hiked by a mere 11 per cent .The average monthly renting price ranging around Rs.12,000, a 15 percent rise since the yesteryears .
The report also showed, people earning an average of Rs.12lakh per annum could prefer buying houses in Hyderabad without settling on their lifestyles .
An online study on real estate investments in India, suggested that individuals with income less that Rs.8 lakh per annum should rent homes, those within the Rs.8-10 lakh range can either buy or rent and those earning more than Rs.10 lakh should buy homes in Hyderabad.
Compared to other cities, Hyderabad has proved to be more stable in property prices , thus ranking itself the most affordable and preferable city for property investors .
