by
Mr.Mr. Om Ahuja, CEO – Residential Services, JLL India
Jubilee Hills and Banjara Hills together
account for more than 70 per cent of the demand for luxury homes from Hyderabads richest citizens.
However, pricing for luxury units even in these locations has remained
relatively affordable because of the tumultuous political climate, which has
kept overall economic dynamics in check so far.
Hyderabads elite rich are currently buying into:
Independent houses in Jubilee Hills, with price
tags of Rs. 12 to Rs. 25 crore - good options are scarce in this category
Apartments in Landmark by Mantri Developers
costing upward of Rs. 10 crore
Apartments in Stone Valley Apartments priced at
Rs. 4 crore upward
Apartments in Brigade Banjara Hills priced
upward of Rs. 4 crore.
With the emergence of Hitech City and
Gachibowli as major employment hubs, these areas have also come on the radar of
Hyderabads new luxury home buyers. Some of the currently preferred projects in
these areas are:
Silicon County in Hitech City, with units
priced at Rs. 1.5 crore upward
Orange County in Gachibowli, with units priced
at Rs. 1.3 crore upward
Meadows Villas in Gachbowli, with units priced
at Rs. 4 crore upward.
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