Andhra Pradesh has gone thorough a tough time in the past few years. The bifurcation of the state has put the major cities under a lot of pressure, especially Hyderabad. Almost all major industry sectors and markets stagnated in the city. This included the real estate market. However, since last year, things have started improving. Demand for properties and apartments is much more than supply at the moment, and that’s why investors are looking to buy new properties and developer residential projects in Gachibowli Hyderabad.
We all know how important the IT sector has become in the last few years. The IT sector in Hyderabad has improved by a significant margin recently, and the region that was mostly affected by this change is Gachibowli in Hyderabad. It is one of the major IT suburbs in Hyderabad and is located close to another IT suburb, HITEC city. Several major IT companies including Oracle, Microsoft, IBM have their offices in Gachibowli. This region is, at the moment, the hottest center of attraction for both real estate developers as well people looking to buy flats in posh areas.
However, most of the new apartments that are being constructed are exclusively for the upper class, it is impossible for the middle class to purchase these flats. That is why Pacifica, one of the most reputed and largest real estate developers in the country is building 2 BHK flats, which are cheap enough for the middle class. These flats are built keeping in mind international standards. Despite being cheap, there is no compromise in the quality of materials used. Since Hyderabad has recently started gaining traction in the real estate market, the market price at the moment is quite cheap, but it is increasing steadily. Hence, if someone wants to buy a new 2 BHK flat, they should utilize this opportunity.
Pacifica is currently the largest real estate developer in India. Their operations started in 2004 in India, but they have been operating globally for over 30 years before that. This massive experience has helped them reach the zenith today. Their projects include apartments, flats, penthouses, bungalows, townships, hotels, IT parks, commercial premises, residential buildings, villas, condominiums etc.
